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Btcusdtanalysis

#BTC/USDT Hit our Target $63k What's Next? Since the last BTC update, the price has followed our expected path perfectly. Currently, BTC is trading right around the critical resistance level of $63k, a level I've highlighted since it reached $53k. This is the moment of decision. Following the news of an assassination attempt on Trump, the market experienced a relief rally. However, it's still uncertain whether we are out of the woods yet. The best strategy now is to start positioning into altcoins while holding BTC. Over the past 3-4 weeks, I've posted insights on 40 altcoins. Feel free to review those, as I'll be sharing 30 more promising altcoins starting today, so make sure to follow me. Returning to the chart, if BTC breaks above the $63k level, we could see it trading around $70k+ in the short term. The mid-dotted line, which previously acted as support, has now turned into resistance. A breakout above this level could be very bullish for the market since the same level aligns with Multiple EMAs. We are almost there; patience is key. The most reasonable move now is to wait for a breakout above $63k. A break and close above this level would signal a strong opportunity to go long on both altcoins and BTC. I will keep this chart updated and inform you of any significant changes, whether the breakout occurs or not. So, follow me and share these charts with others. Don't forget to hit the like button. Please share your views, questions, or altcoin requests if you have any. Thank you. PEACE
by Cryptorphic
11
BTC - what if it's lower than $56 522?On May 21, the INDEX:BTCUSD chart formed a model on the weekly timeframe that describes the key logic behind the price movement. The model was confirmed by touching the trend line: After an unsuccessful attempt to retest the trendline between June 5 and June 8, the price retreated towards the 4 point ($56 522). Right now the price is trying to consolidate above this level, but if INDEX:BTCUSD still fails to trade higher during the week and goes back under $56 522, we could see price levels like $43 349 and $33 229 in the long term.
INDEX:BTCUSDShort
by TSFC
Bitcoin Can Go Up TemporarilyIt seems that Bitcoin has finally managed to break the Heavy Support zone($61,100_$58,700) as I expected in my previous Posts . According to the theory of Elliot waves , the main wave 5 in the Potential Reversal Zone(PRZ) has ended, and we should wait for corrective waves . Also, we can see Regular Divergence(RD+) between two Consecutive Valleys. I expect Bitcoin to rise, at least temporarily, to the target I specified on the chart. Note: If Bitcoin can break the Potential Reversal Zone(PRZ), the scenario will change. Note: An important point you should always remember is capital management and lack of greed. 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 gladly 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
29
#BTC/USDT Broke the support, Next move explained!Welcome to this Idea on Bitcoin. As speculated in my previous update, the price was unable to break the 100 EMA, resulting in a rejection and subsequent decline. Now, $56,452 appears to be the next significant level to monitor. The 200 SMA on the daily chart is also crucial, with the price currently trading around this level. Let's observe if this support holds. It's important that funds currently in meme coins shift to stronger assets, as they are siphoning liquidity from the market. Patience is key here. I've posted over 30 altcoin charts in the last 8 days, and prices are gradually moving towards accumulation levels. If this cycle mirrors previous ones, the current market depression will soon end. We just need to stay vigilant and look for opportunities. **BONUS:** Use the 245 EMA to plot market bottoms on lower time frames (LTF) in the daily chart. It's very useful—try some backtesting. If you like my content, please hit the like button and share your views in the comments section. Thank you. #PEACE
by Cryptorphic
3
Bitcoin RoadmapBitcoin started to fall for the umpteenth time with the news that the Mt.Gox exchange would return Bitcoins to the losers , as if the Mt. Gox exchange would start refunding BINANCE:BTCUSDT and BINANCE:BCHUSDT from the beginning of July 2024 (almost 6 more days). After a few months, the Fear and Greed index entered the " Fear " range again. But I think it will also enter the " Extreme Fear " range. Bitcoin is currently moving near the Resistance zone($63,450_$62,100) , the 21_SMA(Weekly) , and the lower line of the Failed Falling Wedge Pattern . ( pullback is probably being completed ) Note: Bitcoin has come below the 21_SMA(Weekly) after almost 250 days. Note: When a reversal pattern fails, it will play a continuation role. According to the theory of Elliott waves , Bitcoin seems to be completing the microwave 4 of the main wave 3 . If the Heavy Support zone($61,100_$58,700) breaks, we can confirm the end of wave 4. Before concluding, let's take a look at the Market Cap USDT Dominance% (USDT.D%) chart. USDT.D% has managed to break the Important Downtrend line , and this indicates the increase of USDT.D% and possibly the break of the Resistance zone(5.54%_4.97%) in the following days, which also confirms the fall of Bitcoin . I expect Bitcoin to attack the Heavy Support zone($61,100_$58,700) again after the completion of the microwave 4 of the main wave 3, and the break of the Heavy Support zone can coincide with the news of the refund of the Mt.Gox exchange . Note: If Bitcoin can break the Resistance zone($63,450_$62,100), the scenario will change. Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze (BTCUSDT), 4-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 gladly 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
63
#BTC/USDT Critical point. Emergency Update!#BTC needs to break and close above the 100EMA on the daily chart. Keeping it straightforward: until this occurs, the price may target the liquidity below $60k. This is not an opinion, just what the charts indicate! The rejection in altcoins is concerning. While I'm not bearish, BTC is currently at a critical juncture. This is the right time for the bulls to step in! This indicator has been highly effective in identifying local bottoms and tops. Sooner or later, the market will rally for the final wave. Until that happens, be cautious with leverage and view these times as opportunistic for altcoins. dyor, nfa #Crypto Do hit the like button and share your views in the comments section. Thank you #PEACE
by Cryptorphic
Bitcoin BTCUSD Bullish Money Heist PlanMy Dear Robbers / Traders, This is our master plan to Heist BTCUSD Market 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 at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: 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, 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 💰💵 Join your hands with US. Loot Everything in this market everyday
BITSTAMP:BTCUSDLong
by Thief_Trader
#Bitcoin low could be $54169, Here's Why!#Bitcoin monthly support is around the $56.5k level. We've been struggling to break the upper resistance of $73k. The final wave is still due, so remain vigilant in the market. The 9EMA on the monthly chart has been a reliable indicator for dips in the last couple of post-halving rallies. The current price is at $54,169! Even if we reach that support level, not being positioned in BTC is riskier than being exposed to the market, so be thoughtful when making your decisions. Remember, the market aims to bore you and kick you out. Don't let them play with you. WAGMI Cheers, and don't forget to hit like and bookmark to stay updated. #Crypto #BTCUSDT
OANDA:BTCUSD
by Cryptorphic
6
Bitcoin (BTC): is local bottom achieved?The Bitcoin (BTC) price registered a sharp drop on Monday, falling to $60,330. The asset faced considerable selling pressure as sellers pushed the price as low as $58,474, shown by the long tail on the candlestick, indicating strong buying below $60,000. However, buyers were able to prop the price back above $60,000. Analysts expect bulls to be quite active between $56,500 and $60,000. This is because if BTC falls below this level, we could see a slide down to $58,000, where the 200-day SMA could prop up the price. If this level is breached, BTC could drop to $55,000. As seen in the price chart, BTC has strong support at $60,000. This support held on Monday, and BTC made a relatively strong recovery on Tuesday, rising by 2.52% and moving to $61,848. Buyers attempted to push BTC above $62,000, with the price reaching a day high of $62,458 before dropping to $62,458. Wednesday saw sellers back in control as BTC dipped below $61,000, dropping to $60,854 after a drop of 1.61%. The current session sees BTC up marginally as buyers and sellers look to assume control of the session. Looking at technical indicators, we can see the RSI is close to the oversold region, which could indicate a bullish reversal in the near future. If BTC is able to recover, It will first target the $62,000 level. Should BTC surpass this level, we could see a climb to $65,000, which is a key resistance level. If Bitcoin is able to break and close above $65,000, we could see a rally to $70,000.
WHITEBIT:BTCUSD
by paul_endeo
BTCUSDT likely to be rejected from daily resistance around 64.5kThe price has dropped significantly once rejected from weekly resistance WR1. Now it has bounced from weekly support WS1 and now on the way to daily resistance DR1. I believe the price will struggle at DR1 and will be rejected towards 4HS1 at least. And therefore, this short trade idea if the price reaches towards DR1. Lets see if price manages to reach there and fill our orders. By the way, keep in mind, the price has broken important support and structures so it is full in bearish mode.
Short
by angela_altair
BTCUSDT - one n only area, what's next??#BTCUSDT. what a move from 66400 as we discussed in our last idea and congratulations to all followers. We already discussed about 64450 in our last couple of ideas, you can check our last ideas about btcusdt. So guys that level have much importance on chart specially in weekly and daily chart if you can see. So keep close that level 64450 If market clear that level then you can see a smoothly drop a d it will leads you towards 62k , 60k n up to 58k Don't be lazy here. Good luck Trade wisely
BITSTAMP:BTCUSD
by AdilHussain731333
2