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BTCUSDLONGS

#BTC/USD Can we catch this move to $9800? Scalp trade setup.Welcome to this quick BTC update guys. I think we will see a retracement to the $9400 level and after that we can see it hitting. the $9700 to 9$800 area which is plotted as Scenario 2 (S2) in the chart. BTC is hitting the resistance again and again. Still at an indecisive moment. MACRO Outlook: BTC Daily is still bullish until 9$9300 is broken. 200D MA is saving. the day everytime. WEEKLY Outlook: We will wait for the weekly close. If BTC closes above the 10k level and makes a new high above 10500 we will enter a new phase of unstoppable Bull market for the next few years. I will post a complete update after the weekly close. Thanks for reading. This idea is not meant to be taken as a trading advice please DYOR before investing. Please hit that like button if you like this idea and share your views in the comment section. Also checkout my recent ongoing altcoin trade setups . #PEACE
BITSTAMP:BTCUSDLong
by Cryptorphic
25
#BTC Dominance needs to break this Level for Alt season!Hello everyone welcome to this new update. I would like to keep this update very simply and short. The level is 200D MA which is acting as a support now. On my last update I said Dominance could break below the 68 level and seems like it did but eventually holding the 67 level strongly. If it breaks we can see it reaching to the 65 level. Once we break this 67 level along with the 200D MA I am pretty sure we will reach our target and alts could perform well while btc goes for some retracements. Please hit the like button if you like this idea. Your views are welcome.
CRYPTOCAP:BTC.DShort
by Cryptorphic
The silence of the shorts BTCUSDOne can visualize the pain and carnage of the traders that were short Bitcoin going into this move. While neither the amount of short interest nor the percentages long/short were at record levels they were definitely high and had been increasing steadily since the dump in March. If anything it was a great reason to be contrarian as the shorts steadily increased over the last month. Even though I would normally like to take a short off a 50% price retracement my rules and conditions were not met for a trade. Nor were they met for a margin long. I must be content with the 1x move. I also took the time this morning to check the arbitrage between the spot BTCUSD and futures markets. The highest futures premium for the September 2020 futures was only 0.4%. That tells me that there is not a tremendous amount of bullish optimism within this move. When we were at this same price level in mid January the upside premium was over 4%. The futures premium being low and the apparent liquidation of short interest tells me that this move was more of a 'short squeeze' of traders trying to play that 50% retracement as a resistance closing or being force closed (most likely) their positions.
BITFINEX:BTCUSDSHORTS
by norok
3
BTC will bullishly engulf on the monthly close this FridayI'm right a lot so if you want to make money hit follow. Proof???? See the chart below and hit play. We've finally crossed the 200 MVA in a strong way. Over the coming days we'll want to hold the 200 MVA level and maintain the $9,200 range going into the Monthly Close. If we do that we'll bullishly engulf on the monthly which will give us momentum to do the same thing on the weekly come Sunday night at 6 pm central time. Before you know it people will be talking about Golden Crosses. :)
COINBASE:BTCUSDLong
by In_the_future
1
BTCUSD - Trend is bullish now - Where to buy?Bitcoin recorded over 44% gain in the last 24 hours, and with this pump, the macro trend has turned in bullish. Bitcoin Fib Levels: Bitcoin price bounced from 0.382 Level around 7298$ and rejected above 0.618 Level. Bitcoin Next FIB Level support is at 0.5 FIB Level: which is at around 8570$. I would like to see bitcoin above 8500$ area for further bullish continuation which should push the price to 18,000$ before halving. I will start building LONG Positions from 8500$ Level and will double down positions if it drops further. 7500$ should be a good area to put a stop. and target should be around 15000-18000$ before Halving in May 2020.
BITMEX:BTCUSD.PLong
by HiteshMalviya
1