BTC Bitcoin Technical Analysis and Trade Idea🔍 In this BTC Bitcoin analysis, we explore the higher time frame charts which currently indicate a bearish trend for Bitcoin. However, the price action on a 15m timeframe suggests a possible short term reversal. It's important to note that this is speculative and not a guaranteed forecast. It's prudent to watch for certain price movements to verify a genuine reversal. This video provides a close look at the trend, market structure, and price action. Remember, this content is for educational purposes only and trading carries significant risk. Always ensure you implement strong risk management strategies in your trading practices. 📈🔔
Btcusdbuy
BTCUSD / POTENTIAL BULLISH BREACKOUT Hello Traders!
I expect a bullish move on BTCUSD H4, after retesting the bullish breakout at the price of 60500.
As we can see, the price returned to PWL and now I expect a reaction, meaning a good opportunity to execute a trade.
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10k? No - BTCIs Bitcoin going to 10k? No. I tried to clean the chart and look in a different way. I marked out a possible bull flag, and I think will be awesome if we will see the price to range in the 57.000-62.000 area for some days. This could give us a good chance to accumulate longs, because I think we will have a hot summer. Especially we could see some moves in July
#Bitcoin Urgent Update!#Bitcoin just hit the yellow box, validating this chart with 100% accuracy.
Lesson: Charts don't lie!
$60k is a crucial support level, but there's significant liquidity around the $57k mark.
I've been cautioning against leveraged trading for weeks. If you've dabbled in it, you know the struggle—pain and depression are part of every cycle.
The market often reverses right after you give up on your altcoin bags and close leverage positions at a loss. It's a recurring pattern.
So, I've been advising to stay away from leverage. Even my altcoin holdings are down, and I'm not buying yet. When I do, you'll be the first to know.
Follow for more updates and don't forget to hit the like button if you find my insights valuable.
Thank you.
Stay strong.
WAGMI
#Crypto
BTC 2week trading strategy May 27- June 10No-need to hurry to enter the market until current futures contract expiration date on the 30th of May (vertical orange line). Also summer is usually not the best period for breakouts due to holiday season.
Best-case:
BTC price breaks through 69650 intraday resistance level confirming continuation of a short-term trend which started on the 1st of may (short violet dotted line). This trend will continue going upwards to break ATH or at least it will be transformed into a range between 66450 and 70500 before breaking ATH.
Base-case:
There will be a deeper pull-back to 64500, as a consolidation before ATH break. Overall the decline will be temporary and not too deep to break the medium-term trend which started on the 11th of Sep 2023 (long violet dotted line).
Worst-case:
Deeper pull-back to the current key supoprt zone (green rectangle) which will confirm that short-term and medium-term trends are over and the longer consolidation will be needed to break ATH (similiar to summer 2023).
Trading strategy:
Stop-limit at 69650 for the best-case scenario.
however entering the market with 1/3 of max risk per trade
limiting exposure to the worst-case of price locking in medium-term range (56500-72500)
preserving flexibility to make another entry for base-case in case of a deeper pull-back to 64800, or after ATH break-out at a higher price.
in case of the worst-case confirmed, reconsider whether it's still reasonable to hold the trade
stop-loss below 50000 for a black-swan event to protect deposit from margin call. It is highly unlikely that this stop-loss will be trigerred accidently for the coming two weeks.
BTCUSD big move upside incomingIdea No : 15
10 out of 14 ideas were successful & 4 still running, let's talk about 15th
our last 2 ideas were spot on for this pair, please check related ideas
after few weeks of setbacks in this market, BTCUSD is finally showing signs of a potential upward move because of strong supportive trendlines forming
therefore, expect it to move upwards towards our green arrow, potentially within this week
Bitcoin Under Pressure: Analysis and Investment GuidelinesBitcoin price (BTC) faced difficulty rising above the $65,000 level, leading to its decline below the support level at $63,500. There was a continuous decline until the price reached a bottom at $62,700. This decline can be attributed to several factors, including profit-taking by investors and some negative news in the market.
Technical indicators point to a clear downward trend as Bitcoin is currently trading below the $63,500 level and the 100-hour simple moving average. The bearish trend line connected with resistance at $63,600 indicates that recovery may be limited in the near term.
If the price attempts to recover, it may face strong resistance at the levels of $63,550, $64,000, and $64,500. Surpassing these levels may pave the way for a stable increase that could reach $65,500 and even $66,200.
On the downside, immediate support is near the $62,700 level, followed by $62,200, and then $62,000. Any break below these levels could lead to a further decline to $61,200.
Investment Recommendation
In the short term, Bitcoin is facing strong downward pressure. Investors should closely monitor support levels. If the support level at $62,700 is broken, there may be further decline, providing a buying opportunity at lower levels.
Despite the current decline, Bitcoin still holds strong potential in the medium and long term. Current price levels may be a good entry point for investors looking for long-term investment, especially if they are willing to endure some market volatility.
Investment Strategy
1. Short-term investors: They can wait for the break of key support levels like $62,700 and $62,000 to enter buy positions at lower levels, or wait for the break of resistance levels at $64,500 to confirm the upward trend before buying.
2. Long-term investors: They may consider the current declines as a good opportunity to buy gradually over different time periods (dollar-cost averaging) to take advantage of lower prices.
I repeat an important point from a previous article: I expect Bitcoin's price to rise by 30% in July, surpassing $85,000, despite the current technical indicators leaning towards a downward trend. Therefore, if you are considering investing in Bitcoin, now may be a good time to consider buying, especially if you can withstand the volatility and have a long-term outlook. It is advisable to regularly reassess positions and take advantage of any significant price movements to take profits or adjust strategies.
BTC's current concerning positionCRYPTOCAP:BTC Update
If we do not see a pump before the end of June, it could be a sign of concern for higher time frames. Currently, BTC is holding a crucial level. As of June 22nd, it has shown signs of a swing failure pattern (SFP) and some buying activity.
I am satisfied for now, but we should remain vigilant and act swiftly!
BTC's next move?#Bitcoin 💸 is going to do something significant on June 22nd
June 22nd is a Gann date, but according to me, it's a time when nothing significant happens immediately. However, days or weeks after it, the price tends to gain some real direction. The 22nd of June itself is not the reason for this movement; there are multiple other factors on the chart indicating the next significant direction.
This 22nd-24th of June looks bullish. It will pump this time, and I will show the reasons...
BTC (DO OR DIE SUPPORT)BTC / USDT
After many liquidation cascades in last few days BTC has reached one of most important support in this boring range (109 days !)
The level between 66k-64k is considered to be the mid line support of the big channel
1- If it hold above …A new bullish wave will form and may be even a new ATH
2- If it failed to hold … the price will drop to test the bottom of the channel again
In times like this i call this support is the do or die support
What do u think about BTC next ?
Share with us in comments below ⬇️
BTC Could take a pullback (5000 pts downside)BTC level of 69000 round level could be crucial
there we have two condition on both sides
but the down the side has more space to move and get more liquidity (4000-5000)
whereas the upside has only 2000 pts space
the favourable sides happens to be pullback and trade on reversal
because once the price crossed above 69000 then soon after there will be resistance of trend line
64,600 and 64,120 is a fvg from daily chart incase we see higher high, higher low on this area will be look for longs
BTC going to 38.2 fibonatchi as ticket profit!
"I think it's the trend lines that drive Bitcoin's ups and downs. As you can see, on the four-hour timeframe, Bitcoin hit the trend line and started to rise again, coinciding with the Williams indicator signaling growth. It appears that the profit target is close to the 38.2% Fibonacci level, as indicated by the green trend line on the four-hour timeframe. Good luck!"
#BTC sitting on a thread! This is what you need to know!#Bitcoin is sitting around $66,306.30, flirting with the 50-day moving average, a critical line in the sand.
We've got solid support at $65,551 and resistance up at $71,452, So watch for a break below $65,551 for a potential drop to $60,364 or $57k. Volume's low, signalling consolidation.
If BTC holds above the 50-day MA, a push towards $71,000 is on the cards. Eyes on the breakout or breakdown.
Enjoy your weekend.
I'll be here if anything important comes up.
Have a great time!
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#PEACE
#BTC/USDT Bullish and BEARISH $57k before $100k??In this post, we will assess both bearish and bullish scenarios with detailed reasoning to help you make informed decisions, whether you're trading or investing.
BTC/USDT is currently trading at $67,087.98, just above the 50-day Simple Moving Average (SMA) and $65,551.00, a critical support level.
The price has already broken below a key pattern, signaling a potential shift in market sentiment.
If BTC breaks below the 50 SMA+ 65.5k support, it could trigger a move towards $60.3k, with a further downside target around $57k, where high liquidity and the 192-day trendline intersect, offering strong support.
Conversely, if BTC holds above the 50 SMA, it may avoid the bearish breakdown and instead aim for higher resistance levels at $71,452.01 and $73,777.00.
This positions BTC at a decisive point, where the next move will likely determine the short to mid-term direction.
Traders should closely watch the interaction with the 50 SMA to gauge potential price movements.
FUNDAMENTALS :- The fundamentals do not align with the technicals. Here are some important points to consider:
HTF:
- ETF Approved ✅
- Halving ✅
- Petro dollar expiry with no renewal ✅
- US presidential candidate endorses crypto ✅
- Daily bullish divergence holds for BTC ✅
LTF:
- Liquidity taken below ✅
- CPI fell and rates reduced ✅
- PPI fell and rates reduced ✅
Reason for Further Down HTF:
$100k charts everywhere but without any pullback!
There is a significant amount of liquidity between $50-59k, which is very attractive to big investors and institutions with BTC targets between $130k-$350k. Even if we dip slightly above $51k, the higher low will remain intact, keeping the HTF trend bullish.
The current HTF fib retracement is thin compared to traditional optimal entries. Historically, before a new ATH, there's usually a major shakeout causing fear and cheap liquidity for institutions. This hasn't happened yet, making now an ideal time for a retracement amid high bullish sentiment and greed.
A typical scenario involves a massive, unexpected dump causing widespread fear, lasting from 10 days to 3 weeks. This provides institutions and big investors with cheap liquidity, setting the stage for a bull run once their positions are filled.
So, even with positive indicators, remain cautious. Avoid FOMO for your own sake.
It's better to keep cash (At least 40% in USDT to buy Alts at cheap).
This is the kind of decisions we didn't see in previous bull runs! Remember that?
I hope this post helps you. If it did, please hit the like button and share your views in the comment section.
Thank you
#PEACE
Btc scalp trade ideaBtc is currently around 67300 and struggling here. And there is below sell side liquidity which i have aslo marked on the chart. Below the sell side liquidity is demand zone , so when price will come down to grab liquidity then we will definately get oppertunity to fil our ling position for scalp trade. This is my point of view and also cleared on the chart.