Get started

BTCUSDC

Bitcoin is Ready to Escape from Descending Channel⏰(15_Min)⏰💡Bitcoin is moving in a Falling Wedge Pattern on the 1-hour time frame (yesterday's post).👇 💡In the 15-minute time frame, Bitcoin is moving in a main ascending channel and in a secondary descending channel . 🌊According to the theory of Elliott waves , Bitcoin seems to be completing corrective waves inside the descending channel . 🔔I expect Bitcoin to go up after breaking the upper line of the descending channel to the upper line of the ascending channel and the minimum 🔴 Resistance zone($26,800-$26,680) 🔴. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: MicroStrategy has acquired an additional 5,445 BTC for ~$147.3 million at an average price of $27,053 per #bitcoin. Coinbase secures Bank of Spain registration as part of global expansion. NASA plans to prove its next Moon landing is real using blockchain. Binance looks to issue stablecoins in Japan with MUFG unit by end of 2024. Leaked documents reveal Microsoft’s plans to bring crypto wallets to Xbox. Bitcoin gains legal recognition as digital currency in Shanghai, China. UAE Leads MENA Region in DeFi Adoption: Chainalysis Report. Kraken secures money license registrations in Spain and Ireland. 🌐➖ Negative News ➖🌐: Crypto funds see sixth straight week of outflows. Crypto Exchange Huobi Hacked for $7.9 Million. Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC holding. Chase Bank tells UK crypto users to take their business elsewhere -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
60
BTC Bitcoin Technical Analysis and Trade IdeaIn this video, we observe that Bitcoin has exhibited a bearish sentiment in recent times, as evidenced by the formation of lower lows and lower highs on the 4-hour chart. Presently, BTC is undergoing a retracement, approaching levels of previous resistance. Within the video, we delve into a prospective trading opportunity, taking into account essential factors such as prevailing market trends, price action and market structure. It's crucial to emphasize that the video provides an analysis of these elements. However, it is essential to note that the content should not be interpreted as financial advice. Trading inherently involves substantial risks, and it is imperative to exercise prudent risk management strategies
COINBASE:BTCUSDShort
by fxtraderanthony
6
The Shanghai High Court recognizes Bitcoin.The Second People's Intermediate Court of Shanghai has officially recognized Bitcoin as a unique digital asset that cannot be replicated, characterized by its scarcity and intrinsic value. On September 25th, the court issued a discussion report on the development of internet technology. The report highlights that, with the advancement of internet technology, digital assets like Bitcoin have become unique and non-replicable. It emphasizes that among a multitude of cryptocurrencies, Bitcoin stands out as distinctive and one-of-a-kind. The document also outlines several distinctive features of Bitcoin, including its scarcity and property as an asset. Furthermore, the court asserts that Bitcoin exhibits characteristics of a currency, such as its ability to scale, ease of transfer, storage capabilities, and use as a means of payment. Bitcoin continues to be utilized globally without central oversight. In 2021, Beijing imposed a comprehensive ban on cryptocurrencies, including mining activities. However, recent court rulings have recognized Bitcoin, along with numerous other digital assets, as legitimate assets protected by the law.
BINANCE:BTCUSD
by Human_Fenrir
9
Bitcoin Crash by Ascending Broadening Wedge Pattern⏰(1-Hour)⏰✅Bitcoin crashed, as I expected in previous posts. 💡Bitcoin seems to have formed the classic Ascending Broadening Wedge pattern. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing its five downtrend waves. 🔔I expect Bitcoin to complete wave 4 near one of the 32.8% and 50% Fibonacci levels and near the downtrend line and then move towards the 🟡Price Reversal Zone(PRZ)🟡 after breaking the support line . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Bitcoin Correlation With Dollar Index & Stocks Has Disappeared: Data. Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M. 🌐➖ Negative News ➖🌐: Bitcoin Network Experiencing Something Yet Unseen. Binance Prepares to Delist Stablecoins Due to MiCA Rules. Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
84
BTC Consolidation Continues at $26,000 - A Moment to PauseAs you may have noticed, BTC has been demonstrating a remarkable consolidation pattern, maintaining a steady value of around $26,000. This prolonged consolidation phase suggests a potential stabilization in the market, indicating a temporary equilibrium between buyers and sellers. Such periods can often serve as an opportune time for traders to reassess their strategies and make informed decisions. Considering this situation, I would like to propose a momentary pause in active BTC trading. By stepping back and observing the market dynamics, you can gain valuable insights into the potential direction BTC may take in the near future. This pause will allow you to analyze the current market sentiment, evaluate any emerging trends, and make well-informed trading decisions based on a more comprehensive perspective. While the decision to pause your trading activities ultimately rests with you, I believe it is crucial to consider the benefits of taking a momentary break during this consolidation phase. By doing so, you can minimize the potential risks associated with volatile market conditions and ensure you are well-prepared for any future opportunities that may arise. I understand that trading is a dynamic and ever-evolving process, and it is essential to adapt to changing market conditions. Pausing your BTC trading now does not imply a long-term cessation but rather a strategic move to reevaluate your approach and align it with the evolving market landscape. In conclusion, I invite you to take this opportunity to pause your BTC trading activities temporarily. By doing so, you can gain a clearer understanding of the current market dynamics and potentially position yourself for more favorable trading opportunities in the future. Thank you for your attention, and please feel free to reach out if you have any questions or require further clarification. Wishing you successful trading endeavors.
BITSTAMP:BTCUSD
by bryandowningqln
Human Psychology Never Changes. Impossible right? The one thing i love about market cycles & historic charts is that you can pull up charts from 1900s and 2000s and you see the same fear & greed patterns forming. Always the greed forming from strong positions and fear from weak positions. All I see online is "bearish" "stock collapse" "housing collapse" "Bitcoin collapse (10K) (lol)" "Student debt crisis" When in reality, 1.Liquidity in the trillions is on the sideline. 2.FRED has paused rate hikes (as I expected they cannot afford the debt) 3.Inflation (for now) has been cut off 4.QE / YCC is almost needed to control bond yields + stimulate GDP growth to avoid mass unemployment 5.Bitcoin is a few months away from a Spot ETF approval. This has to be the most bullish setup I have actually ever seen for high growth assets, timing on the other hand. . you can clearly see mature assets go longer in the period of "depression". THE only option for the FRED is to start QE to drop the DXY bailing out Japan that's buying their bonds (JPY currently collapsing). Now the main question is the future is looking like the FRED will slowly drop rates "SLOWLY" meaning realestate is going to become a dead market it won't collapse but its growth is now capped. Meaning all this stuck capital $47 trillion in US real estate alone is dead money. The FRED will make the choice to allow risk assets and stocks to fly, capping the real-estate growth cutting off inflation from the "housing side". People are going to wake up one day towards the end of 2023 with a Bitcoin price at $90,000 on CNBC and that's then the real FOMO is going to kick in. Only thing bears have going for them is China invading Taiwan leading to an all out NATO / EUASIA conflict, lets see how this year ends. youtu.be
INDEX:BTCUSDLong
by FederalXBT
BTC Approaches Golden Cross Could Push Price Beyond 30K BTC, our beloved digital asset, is currently on the verge of a Golden Cross formation on the charts. For those unfamiliar, a Golden Cross occurs when the 50-day moving average crosses above the 200-day moving average. It is often regarded as a bullish signal, indicating a potential upward trend in the near future. Now, here's the truly exciting part: experts and analysts predict that this Golden Cross could be the catalyst that propels Bitcoin's price past the remarkable milestone of $30,000! The market sentiment is brimming with optimism, and it's time to consider how you can potentially benefit from this promising situation. So, what's the call-to-action here? Well, my friends, it's time to consider a potential long position on BTC. By going long, you can position yourself to profit from the anticipated price surge, should it materialize as predicted. Of course, as traders, we understand the importance of conducting thorough research, analyzing market trends, and managing risk effectively. But with the potential rewards that lie ahead, it's worth considering this opportunity. As always, I encourage you to stay informed and keep a close eye on the market. Monitor the BTC price movements, study the charts, and follow the insights of reputable analysts to make the most informed decisions. Remember, trading requires diligence, and it's essential to exercise caution and set appropriate stop-loss levels to protect your investments. If you have any questions or need assistance navigating this exciting opportunity, please comment below. Let's embrace this positive development with enthusiasm and optimism, and may the Bitcoin market bring us joy and prosperity in the days to come!
BITSTAMP:BTCUSDLong
by bryandowningqln
6
Bitcoin (BTC) technical and fundamental analysisAfter an unsuccessful attempt to break trend line and the resistance block 27500, the price of Bitcoin began to drop, following the stock market. This happened on the wave of negativity from the speech of Fed Chair Jerome Powell. Thus, the BTC price broke through the lower boundary of the parallel price channel and the dynamic support line EMA50 4H. In case of consolidation below it, we expect a return to the level of the value zone control point (POC). An extended bullish divergence has formed on the daily logarithmic chart. This strengthens the scenario with a retest of the crossover of the 200-day and 200-week moving averages before further drop. But, to return to the local upward trend, the price needs to breakdown the resistance level of 27500 and consolidate above the downward trend line. More generally, the price of BTC made breakdown of a bearish wedge pattern, and we still haven't had a normal correction of all the gains since the beginning of this year. The targets of this correction can be 0.5-0.78 Fibonacci levels. There is a zone of Imbalance 1W with huge gaps at the horizontal levels of trading volumes that need to be filled. The next areas of interest for buyers are the range of 22000-23000 and the most important psychological level 20000. At these zones we will search pivot points formations to open long positions. The fear and greed index continues to be in the fear zone - 30. The total capitalization of the cryptocurrency market fell to $1017 billion, and the Bitcoin dominance index rose to 50.0. According to the analysis of the accumulation of large order blocks in exchanges order books, the supply and demand zones are located at the following levels: 🟢 Demand zone: 20000 - 25000 🔴 Supply zone: 30000 - 32000 📊 Fundamental analysis Bitcoin (BTC) balances on leading cryptocurrency exchanges such as Coinbase, Binance and Kraken are near a six-year low. At first glance, a decrease in bitcoins held on exchanges is a bullish signal and indicates a strengthening market and expectations of rising prices. However, given the current regulatory landscape, traders and investors may opt for decentralized storage amid growing uncertainty. Cryptocurrency exchange Binance was the main reason for the industry's 48% drop in trading volumes in September. According to analysts, the seven-day average bitcoin (BTC) spot trading volume on the platform has fallen 57% since the beginning of the month. The US Federal Reserve, as expected, left the interest rate at the same level: 5.50%. For the Fed, the goal of reducing inflation remains the same - 2%; it is inclined to maintain the current monetary policy. Another rate increase is possible if necessary. Expectations for a Fed rate cut have been pushed back from the 2nd quarter all the way to the 4th quarter of 2024. This regulatory policy puts pressure on the stock market, followed by the cryptocurrency market. 🌐 Upcoming macroeconomic events We expect increased volatility in the stock and cryptocurrency markets by the following dates: ➤ 28.09 15:30 - US GDP (QoQ) (Q2). ➤ 03.10 17:00 - US JOLTs Job Openings (Aug). ➤ 01.10 21:00 - Fed Interest Rate Decision.
by TradeINEX
2
Bitcoin Crash from 🟡Price Reversal Zone(PRZ)🟡⏰(1-Hour)⏰🚶‍♂️Bitcoin is moving in the 🟡 Price Reversal Zone(PRZ) 🟡 and near the Resistance line and 50-SMA(Daily) . 🌊According to Elliott Wave Theory , Bitcoin seems to be completing a Double Three Correction(WXY) . 🔔I expect Microwave C of Wave Y to complete at 🟡 Price Reversal Zone(PRZ) 🟡 and Bitcoin to fall to at least the Support Line . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: No Change In Rates Expected At Fed’s September Meeting. Record surge as Bitcoin micro investors reach all-time high. ‘Rich Dad’ R. Kiyosaki slams fiat money ‘FAKE’, says ‘crypto is the future’. Bitcoin (BTC) Surpasses Visa Transaction Volume. 🌐➖ Negative News ➖🌐: SEC Accuses Binance US of ‘Numerous Discovery Failures’ in Court Filing. DeFi exchange volume down 15% on a monthly basis amid UNI, CRV price crash – VanEck -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
71
Bollinger Bands Tightly Consolidated as BTC Remains Range Bound At present, Bitcoin has been trading within a narrow range of around $27,000, and this prolonged consolidation phase is a cause for caution. The Bollinger Bands, a widely used technical analysis tool, suggest that volatility is diminishing, and a significant price movement could be imminent. In light of this information, we strongly urge you to pause your Bitcoin trading activities temporarily. It is crucial to exercise patience and avoid making hasty decisions during such periods of consolidation. While it may be tempting to seize potential opportunities, the current market conditions warrant a more cautious approach. Here are a few reasons why we believe it is prudent to exercise restraint and pause BTC trading for now: 1. Reduced Volatility: The narrowing Bollinger Bands indicate a decrease in price volatility. During such times, market movements tend to be limited, making it challenging to predict short-term price trends accurately. 2. Potential Breakout: The tightly consolidated Bollinger Bands often precede a significant price breakout. By pausing trading, you can avoid potential losses resulting from sudden and unpredictable price swings. 3. Risk Management: Taking a step back from trading allows you to reassess your risk management strategies and ensure you are well-prepared for any potential market shifts. It is crucial to protect your capital and make informed decisions when the market provides clearer signals. While the decision to pause trading ultimately rests with you, we strongly advise against making impulsive moves during this consolidation phase. Consider this as an opportunity to reevaluate your trading strategies, conduct thorough research, and seek expert advice if needed. We will continue to closely monitor the market and keep you updated on any significant developments. Remember, patience and discipline are key virtues in the world of trading, and it is during these uncertain times that they become even more crucial. If you have any questions or require further guidance, please do not hesitate to comment below. We are here to assist you throughout this period of consolidation. Thank you for your attention, and we wish you all the best in your trading endeavors.
BITSTAMP:BTCUSD
by bryandowningqln
Bollinger Band Battle for BTC Confuses on Future Price DirectionI wanted to draw your attention to an intriguing phenomenon in the world of cryptocurrency trading that has been causing some confusion among investors. Specifically, the ongoing battle of Bollinger Bands for Bitcoin (BTC) has left many uncertain about the future price direction. For those unfamiliar with Bollinger Bands, they are a technical analysis tool that provides insights into market volatility and potential price breakouts. Typically, when the upper and lower bands tighten, it indicates a period of consolidation, suggesting that a significant price movement may be on the horizon. However, in the case of BTC, the Bollinger Bands have been sending mixed signals, making it challenging to predict the cryptocurrency's next move. While some analysts argue that the tightening Bollinger Bands suggest an imminent breakout, others believe that the current market conditions call for caution. This disparity in opinions has resulted in a state of uncertainty among traders, as they grapple with the decision of whether to buy, sell, or hold their BTC positions. In light of this confusion, we would like to encourage you to consider pausing your BTC trading activities temporarily. By taking a step back and observing the market dynamics from a neutral standpoint, you can avoid making hasty decisions based on conflicting signals. Instead, it may be prudent to closely monitor the situation and wait for a clearer indication of BTC's future price direction. As we navigate the ever-evolving landscape of cryptocurrency trading, it is essential to remember that patience and a well-informed approach are key. By staying informed about the latest market developments and seeking insights from reliable sources, you can make more informed decisions that align with your investment goals. In conclusion, the ongoing Bollinger Band battle for BTC has left investors perplexed about its future price direction. We recommend exercising caution and pausing BTC trading temporarily to gain a better understanding of the market's next move. As always, staying informed and seeking professional advice are crucial components of successful investing. Should you have any questions or require further assistance, please do not hesitate to comment away. We are here to support you in navigating the cryptocurrency landscape. I wish you continued success in your investment endeavors.
by bryandowningqln
Celebrating BTC's Breakthrough and Fed's Rate Pause Extension! I bring you exhilarating news that will surely put a smile on your face - Bitcoin (BTC) has defied all odds and broken through the FWB:27K mark! What an incredible milestone for the world's leading cryptocurrency! But that's not all! In a further stroke of luck, the Federal Reserve has announced an extension of its rate pause. This exciting combination of events has created a perfect storm of opportunity for those who are ready to seize the moment and long BTC. The recent "death cross" formation has sparked some concerns among traders, but BTC has proven yet again that it is a force to be reckoned with. This remarkable breakthrough not only showcases the resilience of Bitcoin but also reinforces the growing confidence in its potential as a long-term investment. Now, let's talk about the call-to-action that I'm excited to share with you. With BTC's recent surge and the Fed's rate pause extension, it's an ideal time to consider long positions in Bitcoin. By taking advantage of this favorable market sentiment, you can potentially maximize your profits and ride the wave of BTC's upward trajectory. Here are a few reasons why you should seriously consider going long on BTC: 1. Strong Momentum: BTC's breakthrough demonstrates its ability to defy market expectations and maintain a strong upward momentum. This positive sentiment is likely to attract more investors, further fueling its growth. 2. Institutional Adoption: The increasing acceptance of Bitcoin by major institutions has been a game-changer. As more institutional players enter the market, it adds credibility and stability to BTC's value, making it an attractive long-term investment. 3. Market Volatility: While volatility can be unnerving, it also presents lucrative opportunities for traders. BTC's recent surge is a testament to its ability to weather market fluctuations and provide substantial returns for those who are willing to take calculated risks. So, my fellow traders, let's embrace this momentous occasion with enthusiasm and a positive outlook. Consider taking a long position in BTC to capitalize on its upward momentum and potentially reap substantial rewards. As always, please exercise caution and conduct thorough research before making any trading decisions. The cryptocurrency market can be volatile, but with careful analysis and a well-informed strategy, you can navigate these waters successfully. If you have any questions or need assistance with your trading endeavors, please don't hesitate to comment below. Wishing you continued success and profitable trades!
BITSTAMP:BTCUSDLong
by bryandowningqln
Betting on Bitcoin: Will BTC Bulldoze Its Way Past $27,000? Unmasking the Potential: Breaking Down the Chances of BTC Breaking Barriers Hold onto your hats, folks! Bitcoin's wild ride is about to take on a jaw-dropping turn. Let's dive into the rollercoaster of possibilities and unpack whether it's time to go all-in on BTC. Introduction: As the cryptocurrency market sets the stage for mind-boggling twists and turns, Bitcoin, the undefeated champion, is defying gravity once again. Speculation is rife about BTC skyrocketing past the elusive $27,000 threshold. In this electrifying article, we'll unravel the enigma behind Bitcoin's current value and challenge you with a gutsy call to action. Breaking Through $27,000: A Glimpse into Uncharted Territory: Picture this. The market holds its breath as BTC stands on the precipice of greatness, staring down the fearsome $27,000 resistance level. But hey, before you start betting your prized Magic: The Gathering collection on this feat, let's pump the brakes and cautiously approach this wild ride. The Capricious Cryptosphere Market Sentiment: 🤷‍♂️ When it comes to cryptocurrencies, predictability is about as rare as finding matching socks in your laundry. The market can swing from joyous elation to heart-wrenching despair in the blink of an eye. Don't let emotions be your guide—brace yourself for anything. Technical Analysis: 📈📉 Forget the traditional stock market indicators you've come to know and love. Bitcoin laughs in the face of the convention! Technical analysis might provide some clues, but make sure you bring your lucky rabbit's foot and a crystal ball for good measure. Consider Long BTC Position with a Wink 😉 Fundamental Factors: 💪 Amidst the chaos, let's not overlook the fundamentals. Study the trends, scrutinize the news, and consult the experts in the cryptosphere. Knowledge is power, after all. Call-to-Action: Time to Go Incognito with Long BTC! 🤫 While we can't predict the future, taking a calculated risk might just be the ticket to virtual wealth. But be warned, fellow adventurer! Approach the cryptosphere like a stealthy ninja, conducting secret research, diversifying your portfolio, and consulting with experts before making your move. Bullet List: • 🚀 Strap in for the unpredictable BTC rollercoaster. • 🛡 Take calculated risks, but don't forget your safety net. • 🕵️‍♀️ Do your homework and unleash the ninja within. • 🌍 The cryptocurrency market knows no borders—everyone can partake. Quote: "In the world of cryptocurrencies, fortune favors the daring-brave souls who balance risk with reason." - Anonymous Conclusion: Brace yourself for the possibility of BTC crashing through the $27,000 barrier, but remember to keep your wits about you. Stay informed, dance with caution, and may the crypto gods smile upon your daring endeavors. Leap, but never forget to land safely. 🪂 Disclaimer: This article serves as an electrifying exploration of possibilities and should not be considered financial advice. Always seek guidance from the pros and conduct your research before entering the cryptosphere's rollercoaster ride.
BITSTAMP:BTCUSDLong
by bryandowningqln
2