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Btcusdidea

Bitcoin Trapped in a Range – Which Way Will It Break?BTC is currently accumulating within a marked zone, trading within a broad range of approximately $17,800. The previous resistance line has now turned into support, indicating a possible consolidation phase before the next move. The price is fluctuating near the 50 EMA ($97,811.26), which may act as dynamic resistance. A breakout above this level could signal renewed bullish momentum, while failure to hold support may lead to further downside.
by unichartz
Bitcoin at a Critical Level: Will Support Hold or Break?CRYPTOCAP:BTC is currently accumulating within a marked zone, fluctuating within a broad range of approximately $17,800. The previous resistance line has now acted as support, indicating a key retest level. If BTC fails to hold this support, a further decline toward the key support zone could be expected. The RSI is near 42.83, suggesting neutral momentum, with no strong bullish signs yet. A breakdown below this range could trigger a bearish move, while a breakout above resistance would confirm bullish continuation. DYOR, NFA Thank you for your attention! If you found this valuable, please hit the like button and share your thoughts in the comments below.
Short
by unichartz
5
BTC's next market trendHello traders The price is consolidating between 100096 and 96700, indicating a potential upward move toward 100096. If the price breaks above this level with strong momentum and volume, it is likely to continue rising toward 102360, where it may enter the bullish zone. Further bullish movement could push the price toward 106961, where it might face stronger resistance. The ascending trendline and recent bullish attempts suggest that buyers are trying to gain control, supporting the bullish outlook. If the price fails to break 100096 and reverses, it may retest the lower support at 96700. A confirmed bearish trend will start if the price drops below 96700 and exits the ascending channel, leading to further downside movement. In that case, possible support levels to watch are 93723 and 91579, where buyers might attempt to regain control. Traders, if you find this analysis helpful or have your own insights, drop a comment below! I’d love to hear your thoughts.
BITSTAMP:BTCUSDLong
by x7p2x7p2
BITCOIN / UNDER UPWARD PRESSURE / 4HBITCOIN / 4H TIME FRAME HELLO TRADERS Demand Zone (Support): 67.435 - 66.457 • Above this Zone: As long as the price remains above this range, it suggests a higher likelihood of a bullish trend, with potential to move upward. • Potential Target on Stability Above: If prices stabilize above this demand zone, it may attract buyers, leading to an upward movement toward the supply zone. Supply Zone (Resistance): 71.484 - 72.916 • Upside Potential: Should the price continue to rise after holding above the demand zone, it may reach this supply zone. This area could act as resistance, where selling pressure might increase. Downside Risk and Confirmation of Downtrend: • Break Below Demand Zone (66.457): If prices fall below the demand zone, it could signal the start of a decline, with a potential target around 65.320. • Break Below 65.320: A drop below this level would further confirm a downtrend, suggesting stronger bearish sentiment. Trend Confirmation: • Uptrend: Stabilizing and maintaining price levels above the demand zone supports a bullish scenario. • Downtrend: Breaking below 65.320 would confirm a downtrend, indicating a bearish
Long
by ArinaKarayi
1
BTCUSD / Bitcoin Trade IdeaAfter reaching the target I'm looking to new setup. Currently I'm looking to position myself in short till we reach point A. A) I want to see rejection of that level with bullish closure of higher timeframes = Long B) I'll trail short a bit more in this case and look to long in point B with same criteria. BUT I'll be more conservative and not have big expectations to reach higher prices labeled on chart (red line on top). That level is likely for scenario A in my perspective for now as I don't want to hold a position too long on those levels.
by Tiwiel
Bitcoin Hashrate Emerges as Valuable Asset in Financial MarketsThe financialization of Bitcoin hashrate is rapidly emerging as a unique investment opportunity. Bitcoin's economic structure, especially the halving events every four years, pressures miners to optimize costs, driving them towards two primary energy strategies: grid-tied and co-location with power generators. Grid-tied miners benefit from economies of scale and participate in demand response services, while co-located miners target renewable energy sources, exploiting mismatches in energy demand and supply, according to Coindesk. As Bitcoin mining continues to evolve, hashrate is being recognized as a distinct commodity with features like fungibility and divisibility, making it an attractive asset class. Investors can now engage in mining without owning hardware, using derivatives to hedge against price fluctuations. The profitability of mining is determined by the difference between hash price (market value of mining power) and hash cost (expenses related to mining). A profitable operation requires the hash price to exceed hash cost, with competition and energy costs influencing this dynamic. The market has also seen the introduction of hashrate-linked financial products, providing more data points to predict network events' impact on blockspace demand and transaction fees. For instance, during periods of high blockspace demand, miners can lock in future revenue by selling hash price futures. As Bitcoin's ecosystem continues to grow, the role of hashrate as a tradable asset is expected to gain further significance, attracting more attention from capital markets.
BINANCE:BTCUSDLong
by ShumbaFx07