Bitcoin continues to be bullishOn Tuesday, Bitcoin broke through the $90,000 mark and oscillated at a high level. Concerns over the independence of the Federal Reserve may push Bitcoin to an all - time high.👉👉👉
Trading recommendations mainly focus on going long on pullbacks and shorting on rebounds as a supplement. In the short term, pay attention to the support level of 88,000-88,500 below.
BTCUSD Trading Strategy
buy @ 89400
sl 88300
tp 90200
In periods of intense market volatility, it is crucial to strictly set SL orders and control trading risks.
Btcusd4h
#BTC/USDT#BTC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a rebound from the lower boundary of the descending channel, which is support at 82900.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 83240
First target: 85150
Second target: 86435
Third target: 87858
BTC-----Sell around 82100, target 80800-80300 areaTechnical analysis of BTC contract on April 10: Today, the large-cycle daily level closed with a big positive line yesterday. The K-line pattern was single negative and single positive. The price stood above the MA5 daily average line, but the attached indicator was dead cross. A single rise is difficult to become a trend and difficult to continue. In addition, when the large trend is still weak, there is no room for rise, so the current trend can only be regarded as a correction trend; from the four-hour chart, the current K-line pattern is continuous negative, and the pressure high point after the pullback is 83,600 area, and the price has not broken the correction high point position of the previous stage-by-stage decline. This is very obvious. The current K-line in the short-cycle hourly chart is continuous negative, and the attached indicator is dead cross, so whether the European session can continue is the key.
Today's BTC short-term contract trading strategy: sell directly at the current price of 82,100 area, stop loss at 82,600 area, and target 80,800 area and 80,300 area;
BTCUSD Analysis StrategyBitcoin prices are currently hovering around $84,000 as the market's bull-bear struggle intensifies.
In the short term, Bitcoin remains in a sideways consolidation and base-building phase. Traders are advised to remain nimble and adjust strategies based on the actual breakout direction.
Bitcoin Trading Strategy
sell @ 87000
buy @ 81500,78500
Finally, I'd like to remind every investor that the cryptocurrency market is inherently highly volatile, and every decision you make may have an impact on your investment returns.
you can visit my profile for free strategy updates every day.
BTCUSD Analysis StrategyToday's Bitcoin market shows the dual characteristics of technical correction and cautious market sentiment. The short - term risk is inclined to the downside, but there is still rebound potential in the medium - and long - term.
The fact that the price of Bitcoin has fallen below $84,000 does not mean the end of Bitcoin. Instead, it is just a part of the market operation. For investors, the key to success lies in understanding the underlying factors of the market and correctly assessing the risks and opportunities. In a market full of uncertainties, only by staying calm and conducting rational analysis can one seize the future opportunities.
Bitcoin Trading Strategy
sell @ 90000
buy @ 78000
Finally, I'd like to remind every investor that the cryptocurrency market is inherently highly volatile, and every decision you make may have an impact on your investment returns. In this rapidly changing market, what we need is not just luck, but also a keen mind. You are all welcome to follow me. Let's discuss the future of Bitcoin together. Perhaps it is through the collision of ideas between you and me that we can gain a clearer understanding of this market.
BTCUSD Trading StrategyBitcoin is currently trading at approximately $84,364.87, with a 24-hour gain of 2.96% and a 7-day cumulative decline of -2.81%. Recently, influenced by news about the Trump administration's strategic reserves, the price experienced a "sell-the-news" style pullback, retreating from its high of around $100,000 to consolidate within the $80,000 range. The short-term support level stands at $74,000, while the resistance level is at $85,000.
Bitcoin Trading Strategy
sell @ 90000
buy @ 78000
If you're currently dissatisfied with your Bitcoin trading outcomes and seeking daily accurate trading signals, you can follow my analysis for potential assistance.
BTCUSDT ( BITCOIN ) TODAY'S MAPPING IN 4H TF MUST CHECK IT OUT Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of BTCUSDT ( BITCOIN ) in 4-Hour TF
Our chart shows Bitcoin's price moving within a triangle shape. The price is going up and down, getting squeezed into a smaller range.
What this means: The price is preparing for a big move, either up or down.
If it breaks up: The price might increase a lot.
SUPPORT LEVEL 103,500
2ND SUPPORT. 102,000
TARGET IS 106,500 - 108,000
If the price breaks above resistance, it’s a bullish signal. If it breaks below support, it’s bearish.
If it breaks down: The price might drop, possibly toward the orange zone (2nd support area).
BTCUSD H4 Outlook If this current H4 candle closes below my poi which is 97552.82 I'll be looking to sell Bitcoin down to the indicated liquidity zone 92743.63
If price close above it. I'll wait for the next three H4 candles to know if I'd still be willing to see Bitcoin fall to 92743.63.
What's your outlook on BTC. Drop your comments I'll be glad to read your point of view.
Scenario BTC 6.12.There are two main scenarios: either the support at 0.786 breaks through and we go for another ATH, or the support holds and we can watch for a possible correction. If that happens, we can test the levels somewhere around the previous low and if the trendline breaks, we can test the levels around 87k, but we are currently waiting for further signals.
BTC Bullish Above $65.5K, Bearish Below $60K | Weekly to 4-HourHey everyone, it’s Mindbloome Trader here! Let’s dive into Bitcoin’s charts, from the weekly to the 4-hour timeframe. If BTC breaks above $65,570, we’re in for a bullish run. But if we dip below $60K, things could turn bearish fast. Keep these levels on your radar and, as always, trade what you see. Let’s get it!
Key Levels:
Bullish above $65,570 (Target higher moves)
Bearish below $60,000 (Watch for downside pressure)
Mindbloome Trader
Trade what you see
Was Bitcoin Growth Fake?Bitcoin is now correcting after breaking the important resistance of 65,000 and as long as it can hold at 62,000 and 59,000 there is no need to worry.
Therefore, we can hope for a green tomorrow for the cryptocurrency market, but in any case, it is better to be careful and take small and safe steps.
Bitcoin analysis today The possibility of correction How to enteBitcoin finally managed to reach the important and psychological price of 65,000.
Upon reaching this range, it is natural for some people to save and profit, and it is natural for loss limits to be activated in this range.
Therefore, we can have the possibility of correction from this support range, especially with negative divergence.
In this analysis, as shown in the chart, the support ranges were determined and its possible movement was also investigated.
Bitcoin analysis today Today's important news Is Bitcoin pumped?In today's analysis of Bitcoin, we mentioned the most important resistance from the successive attacks of this digital currency.
Even though Bitcoin reached its most important resistance, we did not see much retreat from this currency, and this can be a sign of hope to break this important resistance.
The support ranges of Bitcoin are the prices of 62,000 and 60,000, respectively, which support this currency.
Bitcoin analysis today Pump after the failure of 65 thousand or In today's Bitcoin analysis, we reported the most important move and decision of this currency.
Breaking 65000 means the beginning of a strong growth for Bitcoin and not breaking this price means another correction...
On the other hand, in the Dominance Tether review, we announced the support of this index and the possibility of its small growth, which if it cannot break its resistance, will be considered as a spark for a further fall and the growth of the digital currency market.
Also, we determined the important support and resistance ranges in the worst case and gave our opinion as a guide for you companions.
We also talked about the possible movement of Bitcoin in the next 24 hours.
Watch this analytical video for more details.
#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/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
Bitcion FIB Retracement LevelsMy dear friend and fellow trader, I am writing to you today with great joy and pleasure.
We are currently looking at what can only be described as the most interesting, intriguing, and surprising technology of our time. This is the chart for Bitcoin.
1) Since March, BTC has been experience lower highs, as well as lower lows.
2) Since March, the highest volume in a single session has resulted in major selling.
3) Since March, there has been strong selling pressure each time Bitcoin tried to move up, and 70K became a major barrier in late July while 65K ended as the latest lower high.
Final fall? Bitcion Review #BTCAfter the last fall, you entered the zone of interest. Now, we are likely to go to the white box, from which we will see the final movement down and the subsequent impulse with the renewal of new tops or without dipping into the zone of 54-56k.
I look at the market extremely positively.
-Because everything is down right now -
Altcoins
-We've held the Bitcoin level.
-In a few days, it's September.
-Markets rise on fear.
Best regards @Forexcryptowithjohn
4hr EMA Cross about to happenWell, well, well, looks like we've got a potential 4-hour EMA crossover on our hands! 😄
Now, I know what you're thinking: "Bitfate, you magnificent TA, what does this all mean?" 🤔
In the world of technical analysis, an EMA (Exponential Moving Average) crossover is like a dance between two moving averages, where they waltz across each other in a chart. When a shorter-term EMA crosses above a longer-term EMA, it's often seen as a bullish signal, suggesting that the asset's price might be on the rise. Conversely, when the shorter-term EMA crosses below the longer-term EMA, it's like a warning sign that a bearish trend could be lurking around the corner.
So, when you say a 4-hour EMA crossover is about to happen, it means that the short-term EMA (usually calculated over a period of 4 hours) is getting ready to cross either above or below the longer-term EMA (often calculated over a longer period, like 20 or 50 hours). This could indicate a potential shift in the market's direction, and traders might be watching this crossover closely to make their next move.
But remember, my dear human, EMA crossovers are just one tool in the trader's toolbox. They're not a crystal ball that guarantees future price movements. The market can be as unpredictable as a cat with a laser pointer, so it's always wise to consider other factors and use a combination of tools to make informed decisions.
So, keep an eye on that 4-hour EMA crossover, but don't forget to enjoy the show! 🎉
#BTCUSD/H4 BTCUSD opportunity to buy backBTCUSD analysis on 12/08/2024:
BTCUSD is showing an upward trend after a correction to around 49000. BTCUSD did not have a deep correction as expected, but it is currently a good trading opportunity.
The current trend for BTCUSD is LONG. Key price levels to note: 56000 - 56700; 55000 - 55200; and 53000 - 53200.
Recommended orders:
Plan 1: LONG BTCUSD zone 56300 - 56600
SL 56000
TP 57700 - 59000 - 60000.
Plan 2: LONG BTCUSD zone 53000-53200
SL 49600
TP 55100 - 57700 - 60000.
BTC accumulation in distribution phaseBTC is trading in channel from couple of months that is forcing BTC to trade between consolidation phase between a ranging channel that is acting as support and resistance. Further price movement is forming bullish flag pattern and also cup and handle price formation on longer term charts that suggest channel support is likely to act as support and bounce towards 58000 - 63000 - 67000 - 69000 is likely.