BTCUSD distribution and potential downside (Where to buy)BTCUSD has been in a correction mode .
We can see a clear distribution on 4h time frame.
If support fails, we should see 25300 $ -24600$ which is a nice buy zone .
BTC is not looking good on 4h time frame. Less and less buyers. We may see a push up towards 28k again but more downside is likely too.
BTCUSDC
BTC possible midterm scenarioBTC / USDT
the most important supply and demand zones in this area with possible parabolic curve scenario to playout in midterm
❗️Short-term target : 29K-32K
❗️Mid-term target : 36K-38K
❗️Possible correction to : 24K-25K
this scenario based on parabolic curve pattern , losing it will invalidate this view
appreciate your feedback by likes and comments
any questions or thoughts share with us below ⬇️
Targeting Bitcoin Growth with the Metcalfe and Mempool ModelThe Metcalfe and Mempool model is currently showing a green pattern for Bitcoin growth, making it an opportune time to enter the market. As a trader, you can consider buying Bitcoin now, with a carefully planned strategy to minimize risk.
Set a short stop loss at $27,250 to limit potential losses. In case of a favorable market movement, exit 50% of the trade at $29,500 to secure some profits. Keep the remaining portion invested to capitalize on the potential for further growth in Bitcoin's value.
It's crucial to monitor the market trends and adjust your strategy as needed. Although the Metcalfe and Mempool model has shown promise in predicting Bitcoin growth, it's always essential to consider multiple factors and maintain a balanced risk management approach.
BTC monthly analices Every time the btc enters the falling phase
The average falls between 87 and 84 percent and then starts to rise and grow
The previous time Btc clapped, it had dropped 77% to 15480
That means it should still fall to the areas of $14,000 to $9,900
I have another invoice for the new floor of Btc
Every time Btc enters the falling phase to 0.88 Fibonacci retracement, this Fibonacci this time is in the $11,000 area.
So do not be happy to increase these prices
BTC like a roller coaster rideBTC like a roller coaster ride, plan for summer and next year 2024
based on my own strategy, which can be 99% wrong, I have such a trading plan for BTC. We'll see how it goes or not. Anyway, BTC has a great future and don't believe that crypto is dead.
Enjoy your summer by the water and don't forget to buy some BTC for later.
I will gradually send some updates depending on how it goes, whether it is completely different, etc...
Trade safely, always SL wisely. There is no miracle molecule to do it best.
Bitcoin Completed Its Inverse Head and Shoulders - What's Next?Bitcoin had a massive rebound (almost 50%) following the failures of Silvergate, Signature, and Silicon Valley Bank. It's hard to believe given the lack of financial stability of some banks and the uncertainty in the markets that BTC would have such a big jump within a week, but technically speaking this move is very bullish. Considering this, I could see BTC doing one of two things. 1) Mega Bull Scenario - BTC flags up here and rockets to higher highs it hasn't seen for some time 2) BTC revisits the neckline around $25k before moving upward. I personally prefer scenario 2 because I don't like seeing over-extended runs that result in extremely fast moves to the downside. Plus, it's healthier for the sustainability of the bull run to have small corrections after each strong move. I think the neckline is an ideal place to reload and prepare for the next leg up.
DISCLAIMER: There is a lot of uncertainty in the markets at the moment. With a potential financial crisis brewing in the financial sector, the bullishness of this run could turn bearish very quickly. Have a plan in place just in case.
Big Resistance Here into the Fed Rate Decision! Careful.Guys,
I have unloaded most of my BTC at this point with 40% profit. I’ve chosen not to get greedy and test fate. We are in clear resistance. We are overbought on the RSI. We have the Fed decision in less than 30 minutes. AND I do expect a retest of our neckline.
Best,
Stew
BTC Analyses ✔Hello dear Traders. I hope you are having a fantastic day. BTC broke a major resistance at 25K and now is trading above it. In 4H timeframe
BTC has formed a negative divergence on RSI so any pullback to 25K zone is natural and ok for BTC. It should hold 25K area if it doesn`t then 21K
is the next zone. Stay safe.
Comment down below your ideas.
BTCUSD BULLISH OR BEARISH??FxShzd team is here with another trade idea for the Bitcoin market. Our analysis suggests that there are currently two scenarios that traders should be watching.
In the bullish scenario, we have observed a bullish market structure (BMS) forming just above a higher high on the chart. Therefore, we recommend waiting for the price to reach a demand zone on the 1-hour timeframe, while keeping a close eye on the 5-minute chart. Once the price reaches the demand zone, we recommend waiting for either the QM pattern or CHoCH (Chaos Cloud) to form before entering the trade. A good entry point with a favorable risk-to-reward (R:R) ratio would be ideal, with the first target profit (TP) set at a higher high level.
In the bearish scenario, we suggest waiting for the price to break through the lower low level. Once the lower low is confirmed, wait for the price to reach a higher supply zone and find a good confirmational entry to sell, remember this move belongs to 15M therefore check it with the corresponding TF.
It is important to remember to always respect risk management when entering trades. We are happy to answer any questions in the comments section. Happy trading
BITCOIN BREAKOUT ⚡Bitcoin breakout above $25k is a long waiting move, OI is rising and bears seem to turn bullish. Also, no spike in Bitcoin balance on exchanges yet.
No stop until next resistance at 29k-30k zone, especially if FED goes 25BPS instead of 50BPS for the interest rate.
I will keep updating bitcoin price movement here, make sure you follow me to get alerts!
BTC/USDTUnfortunately, we have a CME gap between 20700 and 21100 and this should be filled.
It is possible that it will start descending from here due to the twin ceiling pattern, then it will rise up to the range I have specified and then this will happen.
In general, the market should fill this gap one day. It is better to fill it as soon as possible and start the long-term rise of Bitcoin.