BTC - 25/01/24 - Could we test low than 38500?CRYPTOCAP:BTC #BTC
Bitcoin has left EQ Highs and EQ Lows which ever one gets hit first at the minute it's the high they are aiming for unless the orderflow changes the lows will be next!
We need to defend the low we made if it's broken then BTC could come down to around 37438 area to clear out these FVGs!
There is tons of liquidity around $42,000 now so I do expect it to be taken out at some point as well!
Btcusdbuy
BTCUSDT, ICT Long setup, Daytrade scalpingAre you looking for a profitable trade in the forex market? You’ve come to the right place!
We have done the hard work for you and found a great opportunity to Long BTCUSDT. According to our analysis, BTCUSDT is in a downtrend on the 4H and higher timeframes, but there is a chance for a reversal soon. The price has broken below the key level of 39841 and we are expecting it to retest this level as Suppor area (see the Demand zone on the chart). If the price bounced from this level, we can enter a Long trade and target 40000 to 40250 as TP range. This would give us a nice profit of 350 points. We have also marked the other take profit levels and the stop loss on the chart for your convenience. 💰💰💰
We hope this helps you make a smart decision. But don’t forget, trading is risky and you should always do your own due diligence before placing any trades. We wish you all the best! 🍀🍀🍀
BTC STF plans BTC / USDT
IN ST frames we can see a falling wedge pattern and 2 main levels 40k - 42k
BTC is testing these levels as resistance now
Either we see a rejection here and further drop
Or re-claim of the broken suppprts (stability above 42k ) for pump higher
If you want a new safe entry wait for the reaction here first … reclaim the broken supports or finding new ones lower
Bitocin next support zones
the following fibonacci levels are the most relevant support zones as long as the short-term high is 49k. What happens after an impulse wave has touched the golden pocket is a complete correction to the 0.38 - 0.61 - 078 zone.
following this idea, the next level 0.38 with a POC, is a good area for a temporary rebound or trend continuation.
BTC Scalping longI am scalp long on Bitcoin. On lower tf i see some bullish divergences, and level looks good to try to bounce. I am still holding my shorts from 46k, and i will fully close at 35k. Most of the longs around $40.200 got liquidated, and now i think the squeeze it's finished. Target above $41.500
Bitcoin 2024 (Scenario 1)Expect the unexpected this year. As you know, I flipped bearish in December. Check out the TA below.
It's taken a while to rollover, but Bitcoin has failed to break the 0.75 Fib Fan. Just like in 2019, week after week, it closed right under it, and now it's finally making a move down.
There are two scenarios that I put together that have probable outcomes.
Scenario 1:
This idea is basically as you see in the main chart above, a deep correction to 30k that comes down to the 0.618 Fan Fib.
We have this diagonal macro support that has three macro cycle low hits. I hate diagonal supports; for me, they never hold up, but we will see with this one.
If we go back in history and see how 2015 played out with Fib Fans, we see a similar pattern with the 0.75 Fib Fan, a rejection, and a move down to the 0.618. The bottom for this cycle low played out very closely to 2015.
The cycle bottom of 2015 and 2022 were a mirror, mind-blowing really.
So in 2015 after a rejection of the 0.75 Fib Fan, Bitcoin comes back to retest its base.
Our base this cycle is 30k.
So why have I marked the timeframes between April and July 2024? Well, there are two time Fib sequences I'm following, one on the LINK/BTC chart, and the other is a macro Bitcoin sequence I have been following for years.
You can check it out below.
Every time we come to a date, something big happens with Chainlink and Bitcoin.
For me, if it continues playing out like 2015, a move to 30k this year is highly likely. Now, Scenario 2 is far more of a crazy outcome, but if I would put my money on it, Scenario 2 happens, not 1. Will publish Scenario 2 later on.
$BTC Lost $40k Support Level Today, Key Price Targets To MonitorCRYPTOCAP:BTC has traded sideways within a range with resistance at the white resistance zone (around $44k) and support in the green support zone around $40k. CRYPTOCAP:BTC has lost support at $40k and is at risk of a steep drop. Altcoins will get wrecked here too.
Price levels on the way down:
- The white trendline at $37.5k is the next key support level of interest.
- The orange support zone at $33.6k and $34.9k is my key support zone of interest.
BTC Key level to watch this weekI have two important key level to monitor this week. We are actually in a very important level. $40.000 must hold to see a pump on BTC, and we possibly see a touch of the resistance level around $44.500 before resuming the drop. If $40.000 will not hold, the next support level is $37.700, where i will consider to enter long. Actually i am just waiting to enter again
#BTC/USDT Urgent Update#BITCOIN : The bulls were unable to sustain above $43k and now face a critical test at the most important support level.
If the bulls fail to hold, a visit to $35.5k is likely. Keeping it simple, I've refrained from trading since the break below $45k, especially with my recent travels.
My action plan: I am currently 40% in USDT and patiently adding a few altcoins such as AITECH, CREO, ASTRADAO, CELR, FET, and many others. I'll be posting the charts for each one soon.
The best strategy at the moment is to wait and let BTC follow its course.
I am spot-long on BTC for the next two years, considering every dip as an opportunity. It's crucial to stay away from gambling on futures to avoid liquidation. Remember, you don't get liquidated on the spot!
Stay safe, and don't let hasty trades before the Halving event push you out of the game.
Do hit the like button if you agree and share your views in the comment section.
#PEACE
Thank you
BTCUSD M30 / LONG TRADE ACTIVE ON BITCOIN💲🚀Hello Traders!
As you can see, the chart has tested multiple times the resistance level, and now I expect a STRONG BULLISH MOVE.
In the previous idea, I expected an increase after testing the resistance level.
Now the long trade is ACTIVE.
Follow, like, and comment to see my content:
www.tradingview.com
#Bitcoin $52k or $36k? URGENT UDPATE!!
#BTC: The 50-day Simple Moving Average serves as a valuable oscillator for understanding Bitcoin's daily price action.
- Bitcoin typically exhibits a movement in the range of
15% to 17% when it falls below this moving average.
- This pattern has been consistently observed
throughout 2023.
Breakouts above this MA have yielded substantial returns, from 35% to as high as 82%, as depicted in the chart.
Currently, the price is hovering around the same level.
A breach below this MA could lead to a 15% correction in the market, potentially bringing the price below $40k and even touching $36k.
This also aligns with 150 SMA another oscillator that shows potential reversal points during an uptrend.
On the contrary, maintaining the current level could propel the price to $52k.
It is essential to prepare for both scenarios.
These observations are solely derived from chart analysis, and the speculation is grounded in logic and fractals.
So, DYOR, NFA
I would appreciate hearing your thoughts on this analysis!
Feel free to share this chart with your friends!
BTCUSD H1 / EXPECTING A BULLISH MOVE IN THE COMING WEEK 📈Hello Traders!
This is my idea related to BTCUSD H1. I see equal lows on the chart, a good sign for bullish sentiment. Before going bullish it set equal lows to collect some SL of the retails and now I will look only for long entries.
An objective, I have 2 TPs. The first one is above the FVG where we have an OB and the next TP is the second OB (you can see 30M chart).
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
Bitcoin Bullish AccumulationBitcoin is building a nice accumulation around the $44,000 price and is looking to break this resistance point for another move on the upside.
We could see it reach for the $50K price point.
If we fail to break the current resistance price, we will see a drop to the $38K support level.
Long term super bullish for Bitcoin, although I believe we are due for a short correction to cool off the gains ending 2023. Cheers!
#BTC Update: Alright folks, stop panicking! Read WHY!!Firstly, stop panicking, I've got a few DMs where people are crying out loud!
Can't answer all of them so read this chart.
Firstly, you gotta be mature.
Still looks like a retest to me.
Previously posted USDT dominance may hit the lower 5.15 % one more time giving room to BTC to grow to $52k.
INVALIDATION:- I'll be simply wrong if Bitcoin breaks below the $40,222 level and closes in a daily candle!
That's still a long way down the hill! I still think we will hold this level, while ETH and Alts move in the short term.
ETH, ETC will lead the market!
I'll keep this chart updated so do like and share if you like it.
BTCUSDT Soars by 111.86%, Reaching $49,027! 🚀#BTCUSDT
VIP Spot 🔥🎯
All Targets: done✅
Entry price: 23141$✅
Price reached : 49027$ ✅
Profit: 111.86% ✅🚀🚀🤑
In an impressive surge, the cryptocurrency BTCUSDT has experienced a substantial gain of 111.86%, achieving a noteworthy price of $49,027. This remarkable ascent has garnered attention, showcasing the cryptocurrency's potential for significant profits. Stay tuned for further market developments as BTCUSDT continues its upward trajectory. #BTCUSDT #CryptoSurge 📈
Bitcoin (BTC) completing a setup for upto 8.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC)
Previously we caught nice pump of BTC as below:
On a 4-hr time frame, BTC is about to complete a bullish Cypher move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.