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Btcusdanalysis

Bitcoin daily analytic we are planning and doing simple and practical live trading in Bitcoin use the simple strategy by set up your mind set first. thinking about how to be rich in a long term and start. if you know well enough this philosophy you would definitely can define it into the market buy reaching high standards of DCA strategy. buying in deep of the market use your regular saving monthly avoiding from all manipulation aspect of the market like shitcoins and high leverages. I described my mind set because it is important for people who follow me to see my analytics. we are looking for bounce back around 53~49 and not selling before 70 zone
Long
by Sepiknows
Longs ready for downside also prepared for sideways.BITSTAMP:BTCUSD Using the trend lines, I look a bit deeper. Based on the daily chart, current indicators suggest a short-term rebound within a longer-short term downtrend. The daily chart shows the RSI and MACD at oversold levels, indicating a possible short-term bounce. In contrast, the weekly chart suggests more room for downward movement, reflecting the overall short-term bearish trend. On the weekly chart, I plan to long #Bitcoin just above $49,000 and again at $46,000, with potential further drops to $42,000. I can handle water. However, if we maintain the current levels for an extended period, there's potential for stabilization without a final dip. This period of consolidation could provide the market with the necessary support to form a new base, aligning with the trend lines. #Trading CRYPTOCAP:BTC #tradingstrategy
INDEX:BTCUSD
by Matter313
Bitcoin weekly update#Bitcoin Weekly Closed with a big Red candle. But this has happened before in August 2023 but while there are some loose similarities with the Ranges then and now, we currently seems to be a lot more Volatile. The Low to High of that range in 2023 saw approx a 24% see saw. We currently have a 37% see saw and we may yet go lower But we do seem to have found a line of support on the 3 Fib extension. In 2023, it was the 1.236 Fib extension and we ranged along that for 3 weeks after that Big red candle before a significant sign of change. If we do that now, we will have a shorter range than that one but that takes us to August, where many, including myself, feel that change will happen. We just do not know when in August and it may not be Till Sep. If we do follow the 168 day range from 2023, that takes us to the last week in August. The Weekly MACD has been falling nicely also and that Will reach Neutral in the 2nd week of Sep, If PA continues as is. So I am certainly expecting change between those times. A move earlier Will not have the backing it requires to push through that 72K Wall All of this also relies Heavily on market sentiment, which is currently Fear........ IT is a good time to BUY if you are happy that PA will be unpredictable and if you believe BTC Will win in the end and climb higher. For me, and this is my opinion, The Bull Run has not even begun yet...........
by Orriginal
BTC GOING TO 42000It's humorous to say that whales love this movement... When a TP is hit, they push the target upwards and create a reverse head and shoulders, then they create a normal head and shoulders pattern again and start the decline despite the market being completely negative. They are all based on the double top formation without the need for all this artificial drama. The target on the weekly and daily timeframes is between 52,535 to 50,780, and after that, hitting the weekly trendline will occur and it will be swiftly propelled upwards... Although my overall belief is that the main downward target will be the nearest and strongest Ichimoku cloud, which is at 42... In the first stage, a beautiful triangle must be broken, and the Fibonacci 1.272 in the uptrend must be touched, then the next stages will be accessible.
by khosrooparviz
Bitcoin - Is it Time to Panic?At the low yesterday, the price of Bitcoin was down a little over 27% from the all-time high in March. In previous bull market cycles, we have seen many corrections of 30% or more. As was the case in past cycle corrections, we are seeing a lot of panic selling. Another issue is being in over leveraged positions and getting stopped out during corrections. Unfortunately, many inexperienced market participants are not familiar with Bitcoin's past price history. So, when we experience a large correction, they panic and sell when history has shown that these corrections are great buying opportunities. But, unfortunately, past history has shown us that many people will be too scared to buy during this correction and many won't start buying again until the price of BTC is back up near it's all-time high. If you take the time to study Bitcoin's price history, it is very clear that Bitcoin has been running in 4-year market cycles. This is especially true for the last two market cycles. From bear market bottom to the next bear market bottom, the 2015 to 2018 market cycle was 1432 days in length, and the length of the 2018 to 2022 market cycle was 1438 days. Even the elapsed times between events (bottom to halving, halving to peak, and peak to bottom) during each of these cycles are very consistent. Obviously, this market cycle trend doesn't have to continue, but I believe that it will, at least for this cycle. If that is the case, then I wouldn't expect the post halving bull market to begin until October or November of this year. Looking back at the previous two cycles, the 2016 bull market started 259 days after the halving, and the 2020 bull market started 149 days after the halving. There is always a chance that I am totally wrong and the peak in March was the peak for this market cycle and it will be all downhill from here. But I believe the probability of that is very low. I believe we could see a lot more volatility and possibly even lower prices leading up to the post halving bull market. The German and the US governments still hold significant amounts of BTC which they could sell adding to downside pressure. There is also the Mt Gox BTC that could add to selling pressure driving the price of BTC lower. But in the coming months I believe any excess selling of BTC will be absorbed by the market and eventually the current bearish sentiment will flip to Bullish. I will be using this correction and the time between now and this fall to increase my position sizes. But this is just how I am approaching this market cycle; every investor needs to do their own research and make their own decisions. I also make my decisions based on my long-term view and long-time horizon.
BNC:BLXLong
by Bigsky_Crypto
Bitcoin Daily LOG chart UPDATEI have been posting this chart since around March this year and we have finally reached the 2 arrow line. This has given PA the Tme to recover from the 18 months of Bullish activity we have seen since Jan 2023. It is also now given the Weekly MACD an accelerated descent. This needs to happen to give PA support for a bigger move. However, the weekly MACD is Still high and so I am looking to the possibility of reaching the next arrow down. That is a scary 48K level. If we reach that, FEAR will be Massivee and it could lead to a cascade. BUT I am not to sure that would happen. Data Still shows a lot of Long term holders. Hang in there... If we rise, 61K is the area odf resistance we need to berak through or we fall back down.
INDEX:BTCUSD
by Orriginal
BTC Breakout Potential or ConsolidationKey Technical Points: Support Levels: Immediate support is seen around $49,477, which aligns with a crucial Fibonacci retracement level. Resistance Levels: The primary resistance is around $62,239, coinciding with recent highs and a critical Fibonacci level. Moving Averages: The daily 50MA is acting as a dynamic support level, indicating a bullish sentiment as long as the price remains above this average. Volume Analysis: Trading volume is decreasing, suggesting a potential breakout is imminent. A surge in volume could confirm the direction of the next significant move. Outlook: The BTC/USD pair is poised for a decisive move. A breakout above $62,239 could signal a continuation of the uptrend, targeting higher levels around $73,648. Conversely, a breakdown below $49,477 might lead to a retest of lower supports around $44,000. Conclusion: The current consolidation phase within $49,477 to $62,239 is critical. Traders should watch for volume spikes and price action around these levels to gauge the next directional move. The overall trend remains bullish as long as the price stays above the 50MA.
COINBASE:BTCUSD
by CryptoFallen
1
BTC Bearish Pattern in Weekly ChartAfter a long time, BTC has been dropped with weekly candle below bottom line of Pi cycle average line. This is a bearish pattern based on the history. Now resistance is around 65000. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
INDEX:BTCUSDShort
by rukshan2102
BTC PA Model- i usually don't speak much when i don't see anything. - Right now we can just speculate on some scenarios. - so you can just imagine those scenarios with the figure i drew ( ending Diamond ) - you can notice some H&S and a big inversed H&S in the middle of graph. - BTC volatily is still low ( around 15ish) - i didn't find any convincing divergences yet. - The PA range have been respected almost perfectly. - it seems like a consolidation between 60 to 70k+. - BTC tried to break 70k++, 5 Times exactly. - Soon or later a breakout will happen ( next could be 85k$ ish ) - Halving is still young and the decoupling not yet started. - if we dip under 60k. - 50k is next small support. - 40k is a strong support. - very simple. - There's a time for trading and a time for waiting. Happy Tr4Ding!
BINANCE:BTCUSD
by thecryer
8
BTC/USDT Outlook ICT Concepts💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on BTC/USDT , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 🔍 Identifying Key Levels Previous Month High (PMH) : The highest price level from the last month, often a key resistance point. Previous Week High (PWH) : The highest price level from the last week, acting as short-term resistance. Previous Month Low (PML) : The lowest price level from the last month, serving as strong support. Buy Side Liquidity (BSL) : Areas with clustered buy orders, leading to quick upward moves when hit. Sell Side Liquidity (SSL) : Areas with clustered sell orders, leading to quick downward moves when hit. SSL has recently been taken out. Order Block (OB) : Zones of price consolidation, acting as support or resistance. Fair Value Gap (FVG) : Imbalance gaps between buyers and sellers, often targeted by price. Currently, the price is stuck in a bearish FVG. Daily Order Block (Daily OB) : Significant zones on a daily time frame, acting as strong support or resistance. 📉 Current Price Action The price has taken out the PML and SSL, indicating significant sell orders have been filled. The price is currently in a bearish FVG. 🔄 Bearish Scenario If the bearish FVG holds, expect continued downward momentum. Watch for lower time frame confirmations to reinforce the bearish bias. 📈 Bullish Scenario Considerations For a bullish reversal, the bearish FVG needs to be disrespected. Key factors: FVG Breach: Breaking above the bearish FVG suggests a reversal. SMT Confluence: Lower time frame SMT adds to the bullish case. 🔎 Lower Time Frame Confirmation SMT (Smart Money Technique): Use lower time frames for SMT to confirm bullish positions. Align SMT with a breach of the FVG for stronger confirmation. 📊 Chart Analysis Summary SSL Taken Out: Indicates a potential bottom. Bearish FVG: Critical for determining continued bearish momentum. FVG Disrespect: Necessary for a bullish reversal. Bullish Confluence: Lower time frame SMT supports potential reversal if FVG is breached. 🙏 Thank you for joining us! Exploring BTC/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
5
Fourth Straight Weekly Loss for BTC/USD; Support in PlayBTC/USD remains entrenched in a corrective slide, bolstered by the Fed minutes emphasising reluctance to ease policy until confidence in the disinflation process is observed. Early Downtrend Signalled, But… Down for a fourth consecutive week and shedding -6.3%, the major crypto pairing is now displaying early signs of a longer-term downtrend on the weekly timeframe, given the fresh lower low formed last week at $53,412 – its lowest value since late February. The weekly timeframe’s structure, nevertheless, points to a potential rebound. Support at $56,796 and channel support, taken from the low of $60,717, recently welcomed price action. Should bears take a back seat here and bulls make a show, we could still be looking at a possible bullish flag formation (drawn from the above low at $60,717 and the crypto’s all-time high of $73,845). However, considering recent downside momentum, the risk of further declines remains and could unmask possible follow-through selling towards another layer of support coming in at $51,948. Daily Support Thursday witnessed the break of trendline support, extended from the low of $26,665 (a bearish signal). Of note, price action has also made its way south of the 50-day simple moving average (SMA) at $64,758, yet we have not seen the unit cross below the 200-day SMA at $51,698. Despite the bearish cues, Friday shook hands with a 100% projection ratio at $54,678 (an AB=CD bullish pattern), complemented by a 38.2% Fibonacci retracement ratio from $55,151. South of here, a decision point area calls for attention at $50,601-$53,015, followed by another layer of support at $48,007. Price Direction This Week? This week, on the side of sellers, we have an early downtrend present depicted through price structure (the lower low on the weekly), and the trendline support and the 50-day SMA breach on the daily. However, sellers must contend with heavyweight support on the weekly and daily timeframes ($56,796 and $54,678, respectively). It should also be noted that should these levels cede ground, the daily decision point area at $50,601-$53,015 awaits nearby, which houses the next layer of weekly support mentioned above at $51,948 and the 200-day SMA at $51,698. Therefore, sellers will likely be reluctant to commit until at least current support is consumed, which may trigger a rebound higher this week.
FPMARKETS:BTCUSDLong
by FPMarkets
#BTC Short Update!#BTC: Holding Strong Within the Box and EMA The anticipated bounce occurred within the expected region, reaffirming our position. Now, it's crucial to observe the weekly close for more clarity. IMHO, avoiding FOMO and waiting for clear reversal signals is wise before making any moves. Will share the weekly chart later today for the exact price levels which BTC needs to reclaim. Let me know what you think in the comment section and please hit the like button if you find my updates helpful. Thank you #PEACE
by Cryptorphic
1
BTC Bitcoin Technical Analysis and Trade Idea 👉🔍 In this video, we analyze BTC Bitcoin. It's evident that BTC has been showing strong bearish momentum in recent times. However, considering today is Friday, I anticipate a potentially sharp retracement as big money wind up their trades for the week and hit stops for liquidity. My strategy involves monitoring the 3-5m chart for signs of sideways movement and a potential reversal, which could present a scalp/day trade buying opportunity targeting the previous bearish imbalance. It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before considering any buying or selling decisions, as elaborated in the video. The video provides a comprehensive analysis of the current trend, market structure, and price dynamics. Remember, this educational content is designed to enhance understanding and does not guarantee outcomes. Trading inherently involves substantial risks, so employing robust risk management techniques is essential. 📈🔔
FOREXCOM:BTCUSD
by tradingwithanthony
3
BTC - RSI in TROUBLE for SHORT TERM Continuing this long standing analysis on Bitcoin since I first pointed out the danger of an M-Pattern forming: The Weekly RSI has dropped under 50 , which is bearish for the time being (until the RSI gets back above 50). However, this alone does NOT mean we're back in a bearish cycle. Watch the video to see the conditions. Previously, we were discussing the likelihood of a 20% retracement: To clarify - I still think it's likely for Bitcoin to see another ATH this year. But, as I pointed out in the fractal, it could be a multi-month playout. ___________________________ BINANCE:BTCUSDT
Short
by CryptoCheck-
BTC to 60-58KBTCUSD Elliott Wave Technical Analysis Mode: Corrective Position: Wave (iv) of (c) Direction: Wave (iv) of (c) is still in play Details: Wave (iv) is still in play which I expected to be end around 66-67K. Next Direction: Wave (V) which will complete the next higher Degrees Wave (c) Target : the area between 60-58k Wave Cancel invalid level: BTC going above 69200 Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
CRYPTO:BTCUSD
by ahmadsaad83