Whipsaw coming as bitcoin consolidates the 50-60k levelForecasting a pullback to 50k, as i expect the out of the ordinary volume on 08/05/24- 15min, hourly, 4hr, & daily, to gravitate price back towards it; high volume candles are very likely to get backfilled due to orderbook instability- see yellow fib lines for source and measurement. This is not bearish. This is important for bitcoin to conquer this level as she gears to move higher. There are many things i cant fully articulate in my charts so if you have any questions let me know.
James
Btctrend
BTC Downtrend Scenario and Key LevelsBTC seems like it is following this daily downtrend channel, and seems to be reversing from the top of the channel.
All the timeframes (Daily, 4H, 1H, and 15 Min) are screaming downtrend.
We saw that it retested the downtrend resistance at 61125 level and looks like it might retest it. We have 5 minutes left in 4H timeframe so will need to wait for it to close and see how price reacts to it.
Will wait for short long entry if the price breaks the 15 min key level and will have the target at the 1 Hour Key Level. (But chances are low).
I feel like we will go down further till 59200 area where the 1 Hour strong demand zone is. If we break that, then we might see 54000 - 50000.
Waiting on the sidelines until I see any clear structure or pattern forming. I feel safe that way.
Good luck and happy trading!
BTC Rally TargetsMy Potential Targets for a Local Top on BTC/Crypto is the 20W SMA for USDT.D and the zone between 4.71 - 4.81.
Confluence with 1D RSI (it should be in bottom zone by 1st, if not 2nd Target.
The zone and MA has acted as Support 3 times previously in 2024:
July 29th, 2024
July 22nd, 2024
June 17th, 2024
I will be watching those areas for a bounce in USDT.D which would correlated with a local top in Crypto/BTC
BITCOIN - must happen to see new ATHAs I told you in my previous analysis of Bitcoin, it is a triple bottom and it will rise and it is the end of bear market, while the majority expected its decline to continue from 57k to 40k levels.
Check out my analysis and drawing the chart attached below and you will see for yourself that what I say is true... remmember i see what others don't
Now I tell you!
Bitcoin is going to reclaim the 200MA
the last time Bitcoin tried this was in august 2024 but it ended up being a fakout leading dumpto 52.5k
now it's trying to reclaim the 200MA again and if it can hold this level we could be looking for a massive breakout a head
this analysis will be constantly updated , so follow us to receive all news updates
Best regards Ceciliones🎯
#BTC All big time frames & all indicators leads to 40K & 30K
#BTC
**** All Big time frames & all indicators leads to 40K then 30K and may be less.
**** #BTC plan here is for bigger time frames only and this plan may be take very long weeks.
*** Check the daily trend in my account @Crypto_alphabit
******************************** This is my expectation for next weeks **************************
****************( MAY BE I AM COMLETELY WRONG, PLEASE DO YOUR OWN PLANS ) *****************
#BTCUSDT
#bitcoin
#BTC
CRYPTOCAP:BTC
#BTCUSDT
#BTCUSD
#BTCETH
#ETH
BINANCE:ETHUSDT
#ETHUSDT
#ETHBTC
#ETHUSD
#trade
#trading
#longterminvestment
#Cryptotading
#cryptoinvesting
#investment
##trading
#cryptocurrencytrading
#bitcoininvestments
#Investing_Coins
#Investingcoins
#Crypto_investing
#Cryptoinvesting
BINANCE:BTCUSDT
BINANCE:BTCUSDT
#BTC Still follows my plan (BIG TIME FRAMES)#BTC
BINANCE:BTCUSDT
*** #BTC still in the correction channel since My Expectation from 22 July 2024 .
*** #BTC did not reach 50% FIB level for expecting reversal.
*** #BTC Whales holding the price in this range (50k --- 70K) to make their bags empty.
*** #BTC Whales will drop the price again to ( 50%FIB & 60% FIB. levels ) to buy cheep again before going to 100K.
*** #BTC Whales will never buy in 50K to have 1X only when reach 100K but they will buy in 30K to get 3X when the price reach 100K.
*** #BTC may go 70K but still has to come back again to this range (45K--- 30K) and may be less than 30K.
*** Think like whales not like a small fish in the market.
*** #BTC plan here is for bigger time frames only and this plan may be take very long weeks.
******************************** This is my expectation for next weeks **************************
****************( MAY BE I AM COMLETELY WRONG, PLEASE DO YOUR OWN PLANS ) *****************
BINANCE:BTCUSDT
#bitcoin
#BTC
CRYPTOCAP:BTC
#BTCUSDT
#BTCUSD
#BTCETH
#ETH
BINANCE:ETHUSDT
#ETHUSDT
#ETHBTC
#ETHUSD
#trade
#trading
#longterminvestment
#Cryptotading
#cryptoinvesting
#investment
##trading
#cryptocurrencytrading
#bitcoininvestments
#Investing_Coins
#Investingcoins
#Crypto_investing
#Cryptoinvesting
BTC ULTIMATE future projection #2Hey everyone.
I still really want to be able to use the chat. Please vote and give me some reputation :D
This is the next post in the series of my "highly detailed" future price predictions. I see no point to speculate on the particular price targets, as it is just a speculation. My thing is feeling the macro trends, and so far that has been going about correct since 2019. However, Fibs work for the particular levels to watch for, luckily we have @EuroMotif to show us those levels quite precisely. Overall approach to the markets is that they simply reflect the natural processes.
My ULTIMATE BTC mid timeframe trend forecast - it'll go down sometime soon (target - idk. bet somewhere in 25-41k range). Maybe even covid-like crash with stocks etc. Too much negative factors are affecting the global public for uninterrupted rise in mid term. Not feeling the rising markets vibe socially. Big rate cut from the FED... The technical setup looks good for the upside continuation, but technicals not always work the way we expect.
However, 1mln$ for 1 btc is on the way.
Bitcoin (BTC) Technical Analysis and Trade Idea👀 👉 Bitcoin has been range-bound for a while, recently reaching a key resistance level. The bullish momentum appears to be weakening. In this video, we dive into the trend, price action, and market structure, exploring various possibilities for a potential trade setup.
Disclaimer: The information provided in this video is for educational and informational purposes only and should not be considered financial advice. 📊✅
#BTC/USDT#BTC
The price has broken the descending channel on the 12-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 53000
Entry price 62000
First target 65240
Second target 69200
Third target 73600
BTC Bitcoin Technical Analysis and Trade Idea👀 👉 BTC has recently broken market structure to the upside, signalling a potential bullish opportunity. The breakout is evident on both the daily and 4-hour charts, suggesting a buying setup could be forming. In this video, we’ll analyse market structure, price action, and focus on the prevailing trend. We’ll also highlight a potential trade setup, contingent on the price action aligning with our outlined scenario.
**Disclaimer:** This content is for educational purposes only and should not be interpreted as financial advice. 📊✅
BTC in trend📊Analysis by AhmadArz:
🔍Entry: 62.200
🛑Stop Loss: 61.658
🎯Take Profit: 62.654 - 63.170 - 63.840
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#BTC/USDT
#BTC
The price broke the descending channel on the 4-hour frame upwards but the broken channel is expected to be retested
Also, the 100 moving average is broken again
We have an uptrend on the RSI that is expected to be broken
We have a support area at the lower limit of the channel at 57700
Entry price 59700
Target 57980
$BTC Daily UpdateCRYPTOCAP:BTC #BTC broke out of $62,629, testing $62,580, breakout retest pending, haven't yet established new support and currently struggling at $61,953-$62,580. Beautiful follow up to bullish engulfing on previous 1D close, needs to establish a strong support at $62,580-$63,544 to avoid fakeout.
BTC buy📊Analysis by AhmadArz:
🔍Entry: 57,157
🛑Stop Loss: 57,288
🎯Take Profit: 59,524 - 61,206
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
SasanSeifi| BITCOIN: Will a Pullback Lead to Lower Levels?Hey there, ✌
Bitcoin is currently trading around the $58,500 range. Given the lack of stabilization above the $60,000 level, we could be facing a bearish trend. Additionally, with the recent break below the $59,300 mark, the short-term outlook on the 1-hour chart appears bearish.
We expect that after completing a pullback, the price may move towards the corrective targets of $57,500, $57,000, $56,700, and $56,000.
❌ Key resistance levels to watch are around $59,000 and $59,700.
💢 Keep in mind that this is just my personal perspective and not financial advice. I’d love to hear your thoughts and exchange ideas!
Good luck and happy trading! ✌😎
Feel free to reach out if you have any questions – I’m here to help!✌