Btcusdanalysis
BTC Bitcoin Technical Analysis and Trade Idea 👉🔍 In this video, we conduct a thorough analysis of Bitcoin (BTC). Recent data suggests that BTC has exhibited significant bearish momentum. Given this trend, I anticipate a potential retracement, particularly as the price has approached a critical support level. My strategy involves closely monitoring the 15-minute chart for signs of consolidation or sideways movement, which could signal a potential breakout. This scenario might present an intraday trading opportunity, targeting previous resistance and support levels.
It’s crucial to understand that these insights are speculative and should not be interpreted as definitive predictions. Accurate confirmation of specific price movements is essential before making any trading decisions, as detailed in the video. The content provides an in-depth examination of the current trend, market structure, and price dynamics, aimed at enhancing your understanding. However, trading carries significant risks, so it is imperative to implement rigorous risk management strategies to mitigate potential losses. 📈🔔
Bitcoin's local perspectiveAt the moment, the INDEX:BTCUSD price has come to the support of $54 821.76 (the HP level of the turquoise model). If the price goes under this level, the next two zones where we can expect the price to be would be $52 612-$51 858 and $49 394-$49 247.
To continue the growth at least to the area of $59 900-$60 143 the price needs to go beyond the turquoise pattern by breaking the trend line, which looks more unlikely at the moment.
BTCUSDT in selling pressureHi guys, Based on the chart we've experienced a strong drop in previous days and I assume this current movement as a correction.
So we clearly see that the structure on 1H timeframe is broken and the price comes below the trend line.
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Good luck!
BTCUSDT, Wed 07 Aug, Expecting Big Short after Long !The price of Bitcoin has entered premium from the discount area since Monday.
But it has not yet reached 62%.
It seems that today will form the maximum price of the week.(High of This Week)
By crossing yesterday's High and reaching a FVG or EQL,
And if it breaks the market structure with two or three bearish candles, it is expected that another profitable short position can be taken.
BTC / BTCUSDTLet's see...
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
BTC vs VIX
A combined chart between the VIX indicator with Bitcoin and a separate Bitcoin chart (below) and the resulting in front of you:
- The built-in BTC/VIX top section shows that yesterday its movement reached the bottom of the trend.
- The arrival of the BTC/VIX indicator for the trend every time means that Bitcoin has achieved a bottom.
- The strange thing is that this time it is equivalent to major lows: the bottom of 2015-2020 (Corona)-2022.
Although the break is monthly and volatility and pressure may continue, it makes clear that this month is August the lowest number that Bitcoin will record before the main high.
BTCUSDT & SOLUSDT, Tue 06 Aug, Some Trade Scenarios for PM Se.!The Both price of BTC and Sol are playing in 50% Fibo Level.
In London Session Could get short position.
In NY session, I couldn't get Long Position. Who got this long is Smart one!
The Market is Bullish,
Maybe
- Have sharp upward price Movement till 62% Fibo
Or
Maybe
- Can get short.
what do you think? Short or Long?
I think after 13:30 can get decide or a lit clear to Long or Short!
Please send your comment & share your ideas & Boost my Idea!
Thx in advanced!
Bitcoin's Rollercoaster: A Temporary Respite or Precipice of a CBitcoin, the digital currency that once seemed invincible, has undergone a tumultuous period. A dramatic plunge from its peak to a low of $49,300 sent shockwaves through the crypto market. However, a surprising recovery has seen it rebound to $56,000. This raises a critical question: is this a reprieve before another, more devastating crash, or the beginning of a renewed bull run?
Factors Fueling the Fall
To understand the potential trajectory of Bitcoin, it's essential to examine the factors that precipitated its decline. Macroeconomic conditions, including rising inflation and interest rate hikes, have cast a long shadow over risk assets, and Bitcoin is no exception. Regulatory uncertainty, particularly in the United States, has also contributed to market volatility. Additionally, concerns about the environmental impact of Bitcoin mining have led some investors to reconsider their positions.
The Rallying Cry
The recent recovery can be attributed to several factors. Firstly, a wave of buying from institutional investors has helped to bolster Bitcoin's price. These large-scale investors often view market downturns as buying opportunities, believing that Bitcoin's long-term value proposition remains intact. Secondly, the ongoing development of Bitcoin's underlying technology, including advancements in scalability and privacy, has continued to attract investor interest. Finally, the growing adoption of Bitcoin as a payment method by major corporations has reinforced its status as a digital store of value.
A Fork in the Road
While the current rebound is encouraging, it's crucial to approach it with caution. The cryptocurrency market is inherently volatile, and past performance does not indicate future results. Several factors could derail the recovery and push Bitcoin back into a bear market. For instance, a more aggressive monetary tightening policy by central banks could trigger a renewed sell-off in risk assets. Additionally, increased regulatory scrutiny or negative publicity surrounding Bitcoin could erode investor confidence.
Looking Ahead
Predicting the future of Bitcoin is a complex endeavor. However, investors can make more informed decisions by carefully considering the factors outlined above. Those with a long-term investment horizon may view the recent dip as a buying opportunity, believing that Bitcoin's underlying value proposition remains intact. On the other hand, short-term traders should exercise caution and be prepared for increased volatility.
Ultimately, the fate of Bitcoin will depend on a confluence of factors, including macroeconomic conditions, regulatory developments, and technological advancements. As the cryptocurrency market continues to evolve, it's essential to stay informed and adapt to changing circumstances.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investing in cryptocurrencies carries significant risks, and it's essential to conduct thorough research before making any investment decisions.
The amazing BTC and the secret of 152 & 52 weeks.🤔Here's an intriguing take on BTC and the potential significance of the 152 (Bulls) & 52 (Bears) week cycles:
🔑 BTC: Unlocking the Secrets of the 152 (Bulls) & 52 (Bears) Weeks 🗝️
Throughout BTC's history, a fascinating pattern has emerged – the alternation between 152-week bull cycles and 52-week bear cycles. 📈📉
This cyclical behavior has been observed multiple times, leading to the tantalizing question: Will history repeat itself once again? 🔄
My answer: Yes, I think the stars are aligning for another cosmic dance between the bulls and bears. 🐂🐻
If this pattern holds true, we are potentially witnessing a new 152-week bull run started in 7 Nov 2022 till the top around 6 October 2025, followed by a 52-week bear hibernation, and the cycle continues. ∞
However, as with all things crypto, nothing is set in stone, and the market is known for its unpredictability. 📊🔮
Nonetheless, for those who believe in the power of historical cycles, the 152 (Bulls) & 52 (Bears) weeks could serve as a fascinating guide, offering insights into potential market movements. 🧭
It is not a financial idea.
PLZ DYOR.
Good Luck.
Bitcoin BTC price + CPI US 15.05 will stir up the marketHere is a chart of #BTCUSDT on the 12-hour timeframe.
At first glance, it looks nothing special: a prolonged consolidation on falling trading volumes, everything is natural and natural.
But tomorrow, at 15.05 at lunchtime with the close of the 12hr candlestick, everything can change.
Tomorrow is the announcement of the "fresh" US CPI rate.
Forecast: inflation will decrease from 3.5% to 3.4%.
Declining inflation = a good signal for the growth of financial markets.
But the tweet from Mr. Biden adds some "spice".
President Biden: wants to give new home buyers $400 per month for 2 years to help people with housing.
This is either a pre-election promise or a good opportunity to start the “printing press”
And now for a bit of conspiracy theorizing:
Let's assume for a moment that Biden knows a little more than we do. And tomorrow it will be announced that inflation has fallen not to 3.4% but to 3.2% or even 3%.
This will definitely cause a powerful surge and growth in the market.
The last thing that comes to mind is how massively $ were printed and distributed in the spring of 2020 as financial aid during COVID-19.
Do you remember how the crypto market grew then in 20\21 from an additional portion of “retail's crazy money”?)
So where do you think the CRYPTOCAP:BTC price will go in 24 hours?
👍 towards $71000
👎🏿 towards $56500
BTCUSDT will meet down or NOT !!!Dear All,
As you see I have mentioned about more than four month ago the BTCUSDT will face a deep down but all things happen when you do not expect !!! See if BTC can persist or will fall down as world financial markets (especially USA, Japan, China markets and soon India) faces the crises.
BITCOIN - looks like a perfect buying oppurtunityBITCOIN seems bottomed in weekly chart.
looks like the oppurtunity before the pervious bullrun after COVID crash
it rebound so will about 15% after hit the lower side of descending broading wedge pattern with maintaing the 0.786 fibo level, 50 ema
this analysis will updated regularly so follow us to get those updates.
best regards ceciliones🎯
AFTER BTC DROP, WHAT IS THE TREND?Bitcoin (BTC) experienced an unexpected drop influenced by various market trends from regions like Japan and the Middle East. Previously, BTC was on a promising trajectory, with expectations to reach the $74,000 mark. However, it began to decline with increased injection volume, leading later to an unexpected significant breakdown by the real breakdown trend. even though we did expect on that data that BTC has a high chance of targeting 74K, it did not happen.. on this you can see that TA is not all, to see the trends 100% there should be 24/7 live follow since things can change unexpectedly on the right time. we did know that 62K was a level where the cycle would break in red with time frame.. but there was more..
What is the trend now?
If BTC can recover and enter the $60,000 range again, it will signal a positive trend,. A rise to $67,000 would confirm that BTC's price could trend even higher.
The $58,000+ range is particularly interesting, as it could show some positive short-term upward momentum for BTC.
We checking out for a new uptrend first low time frame confirmation if BTC can target 58K and stay there at last for 6h+ time frame
BTC should hold this trend of recovery, and if it keeps going there is a chance it can target 58K followed by 60K again.
BTC has shown since today a positive effect in being able to recover from the 49k zone.
We are checking out if BTC can target 58K coming time frames.
Trading can be very risky. Always manage your risk and trade only according to your plan.