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Btcusdtanalysis

#BITCOIN DAILY UPDATE.#BTC daily candle closed at $66452 which is bullish in the short term. It is likely to hit the $68K level. Once that target is reached, the price could push for a new all-time high. However, there’s also a chance of a quick retest at the $61K level—potentially forming a long wick followed by a sharp bounce. Keep this scenario in mind and remember, Bitcoin is still trading below resistance. Trade carefully. Cheers! Do hit that like button if you like it and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
BTC: Two Likely Scenarios I'm WatchingBitcoin hasn't yet been able to break out above the diagonal resistance that formed after the most recent high. Until we're able to do a bump-and-run ABOVE this trendline, lower lows seem the most likely until we've found a zone with sufficient buying pressure to take us back upwards. Lower lows and lower highs mean short term bearish, unfortunately. I discuss the reasoning for these two scenarios in a little more detail, here: However, this doesn't imply that there won't be decent range trades / swing trades in this area - in fact, there's been incredible opportunities whilst Bitcoin chops around. Follow here to make sure you never miss a moment! ___________________ BINANCE:BTCUSDT
by CryptoCheck-
Bitcoin Weekly MACD Cross: Bullish Momentum BuildingBTCUSDT technical analysis update. In the weekly Bitcoin chart above, we can see that the price has been consolidating after a strong bullish rally. The key point to note here is the potential MACD crossover, which could signify a shift in momentum. The blue MACD line is approaching the red signal line from below, indicating that a bullish crossover might be imminent. This could suggest that the bearish phase is weakening and that Bitcoin is preparing for an upward move. The histogram has been decreasing in negative territory, which typically points to diminishing bearish momentum. A shift to positive values could confirm a trend reversal. The price is currently trading near key resistance levels, and if the MACD crossover happens, we could expect Bitcoin to break through these resistance zones, possibly leading to a significant upward move. Wee should closely monitor the MACD for confirmation of the crossover on the weekly chart, as this signal has historically been a strong indicator for trend reversals in Bitcoin. If the crossover happens, it could lead to a sustained bullish move. Regards Hexa
CRYPTO:BTCUSDLong
by HexaTrades
Bitcoin's local perspective 07.10.24Now, INDEX:BTCUSD has formed an ascending pattern AMEXP (yellow)👇 that describes a correction within the previous descending pattern AMEXP (red)👇 If now the price can break through the $64,076-$64,236 zone, we may see a continuation of growth with targets at $64,738 and $64,955, followed by a correction to the range around the $62,368 level. After that, we will have to watch the reaction to this zone and the trend line in more detail, as there is a possibility to go to $66,000, and there is a possibility to renew the swing low and say hello to $57,834 - so the area around the $62,368 level will be an important place for decision making.
INDEX:BTCUSD
by TSFC
BTC/USD "Bitcoin" Bullish Side Robbery PlanHola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist BTC/USD "Bitcoin" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 30m timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
Bitcoin's local perspective 30.09.24The nearest movement on BTC is now being described by the AMEXP model on the hourly timeframe, where we have two key target zones for the price: at least $62,027-$61,718 and if the impulse will be strong, it will be $59,893-$59,447. After reaching these zones, we can expect a rebound to at least ~$64,000 and as a variant of scenario - an attempt to update the high, but frankly, it is too early to talk about it. In the specified range of $62,027-$59,447 we will try to find a long with the aim to catch at least a rebound. Let's specify that the position will probably be a small size, as there are high risks of not stopping in the mentioned area.
INDEX:BTCUSD
by TSFC
$BTC is poised to reach $115,000 in the next 9 months! Read WHY!You're aiming for $200k and beyond, but let’s keep it simple and realistic. If BTC hits $115k, altcoins could surge by 20x or even 50x! You just need to play it smart. Now, let’s break down this simple chart! Liquidity acts like a magnet! When a big green candle prints, it’s likely that, after a few more candles, the price will move to capture the liquidity from that same candle. Bitcoin has been following this pattern for the past 7 months, inching forward slowly, bit by bit. This is exactly how the whales are accumulating! The August monthly candle closed at $58,963, and the current candle is set to close in about 4 hours, likely above the August close, forming a beautiful hammer pattern. This is a strong bullish signal! When you’re unsure about what’s coming or just making wild guesses, remember—this is simply TA based on Price Action. No fancy indicators, just the facts. Speaking of indicators, the RSI is currently around 63.13, and in every bull run, it eventually climbs up to 92, entering the overbought zone. So stay strong and stop crying over 10-20% dips in altcoins. If you can’t handle these corrections, you don’t deserve the 10x gains either. Keeping it simple, the next 6 months are going to be amazing. Now is the time to position yourself in solid Altcoins and BTC. After every halving, there's typically a 5 to 6-month consolidation phase, which you can clearly observe on the charts. We’re following the same pattern right now! Things are heating up, but you might not notice if you're only focused on 15-minute candles. Zoom out, and everything will become much clearer for you to understand. I hope you get some light from my charts, If you do please hit that like button and share this chart with your crypto friends. Thank you #PEACE
CRYPTO:BTCUSDLong
by Cryptorphic
16
Bitcoin's Healthy Uptrend Faces Critical Test—Is It Time to Sell Bitcoin's recent rally has followed a well-defined and healthy uptrend, with the trendline offering strong support. This suggests a sustainable bullish momentum. However, for this healthy trend to continue, Bitcoin will soon need to retest its trendline support. Should the test confirm strength in the trendline, the next significant resistance level is projected to be near 68K. On the other hand, if the trendline is breached, we can expect a short-term downside move towards the 60K-59K range, which marks the previous high during the first trendline test, and it should be treated as a potential support zone. Given this outlook, the prudent trading approach for Bitcoin at this stage is to adopt a sell strategy, anticipating a short-term correction.
Short
by MichaeliaDefoe