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Btcusdtlong

Open Interest - Deciphering Bitcoin's Market SentimentIn the ever-evolving landscape of cryptocurrency trading, Bitcoin often serves as a beacon, reflecting broader market sentiment through its dynamic price movements and trading metrics. Today, let's explore the intricacies of Bitcoin's market dynamics by dissecting Open Interest (OI), funding rates, liquidations, and long/short ratios—using current data as our live case study. What do we see? (follow the steps) 1) Price action . Essential to understand it before the usage of any indicator. 2) Open Interest , the total number of outstanding derivative contracts like futures and options, provides a window into market activity. An increase in OI alongside a rising BTC price suggests new money might be entering, potentially signalling bullish sentiment. Conversely, decreasing OI during price drops might indicate a bearish outlook. Currently, we observe a slight uptick in OI as BTC recovers from a dip, hinting at growing confidence among traders. 3) The funding rate , specific to perpetual contracts, reflects periodic payments between longs and shorts. A positive rate, where longs pay shorts, suggests a bullish consensus, as it's costlier to maintain long positions. Presently, BTC's slightly positive funding rate aligns with its uptrend, indicating that traders might be anticipating further price increases. 4) Liquidations occur when a trader's position is closed by the exchange due to a margin call. A cluster of liquidations often follows a sharp price movement, as we've recently seen with BTC. These liquidation spikes could suggest that overleveraged positions have been flushed out, which can sometimes signal a local price bottom and a potential reversal point, paving the way for a more sustained upward trend. 5) The ratio of long to short positions tells us about the prevailing market bias. A ratio significantly above 50 indicates a bullish majority, which is currently the case with BTC. This higher long/short ratio could be interpreted as a market leaning towards optimism. As always, I hope you found this insightful and have a lovely Sunday! ;)
Education
by Lexi_Is_Trading
#BTC/USDT#BTC We have a symmetrical triangle within which the price moves We expect a strong movement, whether up or down If it closed below the rectangle on a 4-hour frame at the level of 42000 By closing the 4-hour candle below, we will head to the 39,000 to 38,500 level. If a 4-hour candle closes at the top of the rectangle at the level of 43500 and the close is above The price is expected to reach 46,500 to 47,000 You must follow the close above or below the rectangle to enter the deal
by CryptoAnalystSignal
BTC/USDT: Brace Yourself! One More Bullish Move Expected 🚀 Bitcoin's price has been steadily dropping from 48k, leaving traders without any signs of bullish momentum candles. However, this may serve as the opportune moment for a cunning market move. 📉 As fear grips the market, buyers remain cautious about entering at these levels. But don't be fooled! There's a high chance we might witness a fake bullish move 🎢 in the coming days. 🚀 Market makers, notorious for their tricks, could shake the confidence of sellers by aggressively pushing the price up. 📈🙀 Once the market sentiment starts to shift, they could execute their shrewd plan and dump Bitcoin to as low as 35k. 😱 Only time will reveal their true intentions. Let's stay alert and see how things unfold.⌛️ Disclaimer: Remember, this is not financial advice, but rather an analysis of current market conditions. Always conduct thorough research and engage in trades responsibly. 💼💰
Long
by Crypto-By-Ghazi
2
BTCUSDT # 043 ( ALL About BTC !!! ) Hello dear traders . Good days . On monthly time frame BTCUSDT this is the last upward move of BTCUSDT. Tow weekly Gann Square passed and now BTC is on the 3rd one and the last one . Every Gann Square Cycle is contain correction . On weekly 3rd Gann Square cycle BTC is on the 3rd Elliot wave which can grow to0.618 Gann Box Fib level around 68200 $ or even the 79400 $ which is 0.75 Gann Box Fib level . After correction 3rd wave BTC can proceed The Final round and grow beyond to the 100% Gann Box Fib level which will be around 100200 $ . Chart is analyzed and map plotted with help of Gann Square and Gann Box . Good luck and safe trades. Thanks for your support and comments.
Long
by SHAlavi
10
The fate of crypto in 2024 2023 has been a good year for crypto, and we are nearing the end of the year. But what will happen in 2024? Will we encounter a bullish market like 2023? Before drawing conclusions, there are several key levels that you need to know. If you pay attention, during December Bitcoin tried hard to penetrate 44,376. This level is very important, because Bitcoin's minor support is getting higher and this support also determines Bitcoin's future fate. If I zoom out, this minor support comes from the bullish rally, since October. Will this support last until the halving? Let's unpack pre-halving history December 02, 2012 Halving 105 days before the halving, minor support broke and returned to major support. And it happened again 56 days before the halving. The interesting thing here is, the bullish key level was broken after the halving. July 02, 2016 Halving Several times minor support was formed, broke, and return to major support. Bullish key level broken 176 days after halving May 03, 2020 Halving Several times minor support was formed, but failed, and touched major support 52 days before the halving. Bullish key level broken 161 days since formation. April 21, 2024 Halving We are currently 115 days before the halving. Is the minor support broken and Bitcoin returns to major support before the halving? By looking at the history of previous halvings, does not rule out the possibility that 2024 will start with a sell-off, Bitcoin will return to major support at the $32,000 level.
BITSTAMP:BTCUSD
by AzrulAzir
1
Bitcoin weekly roadmapHi guys, I hope the growth of Bitcoin has brought you rich profits. What happened today was that we expected a temporary drop to fill the FVG area, which it did and it bounced back to 47,000. This upward trend continues until reaching the price area of 48000, the existence of a lot of liquidity and more resistance can bring the price back from this area. My idea is that Bitcoin will grow to the supply area of 48000. By collecting all the liquidity in this area, the price will experience a decrease to the demand areas of 43550 and 41250. Of course, you should keep in mind that with the news that will come for Bitcoin on Wednesday, let's have the possibility of any reaction for Bitcoin. Adjust your trades with optimal risk and guaranteed loss limit. If such analyzes are useful for you, I will be happy to support you and share your opinions with me in the comments section.
Long
by Golden_Star1994
8
BTC ANALYSIS🔮 #BTC Analysis 💰💰 🌟🚀 As we can see that there is a bullish divergence in #BTC in 4hr time frame. We can see a little upside moment in #BTC.📈📈 🔖Current Price --- $41290 🎯Target Price -----$44000 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #BTC. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #BTC  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
1
BTC Preparing for the Correction before Halving?Currently, BTC broke the internal (4H) uptrend market structure. 📉 Higher Timeframe (1D) Low not broke yet which is around 40k. (Which remaining uptrend) 📈 But internal market structure broken, and now it could try to retest the 50-60% fib level with the huge Fair Value Gap (FVG) as a confluence. BTC also now in multiple trend line support, so we can aspect the upside movement attest the confluence FVG level. (Black Marked Zone)
COINBASE:BTCUSDLong
by ARS-ALGO
BTCUSDT at daily support, likely to bounce to 46900The price was pushed down by the weekly resistance 1WR1. This was a significant drop which made the price drop by almost 15% from the recent high. The drop made the price land into daily support which is a strong support zone as there had been long accummulation in this area and therefore a sound bounce is expected from here. I think a long is favorable here. It is likely that this drop marks the bottom for the next leg up clearing the recent high. However, we focus on the current trade opportunity which has teh target of weekly resisatnce.
Long
by angela_altair
Trend Lines & Their Significance in Minervini's Trading StrategyIntroduction In the world of stock trading, trend lines are vital tools for investors and traders alike. Mark Minervini, an acclaimed swing trader, is known for his strategic use of trend lines in assessing the strength of stock movements. This article delves into Minervini's approach, highlighting how he utilizes trend lines to identify optimal trade entries and exits, and emphasizes the significance of upward trend consistency in his methods. Utilizing Trend Lines to Gauge Stock Movement Strength Minervini leverages trend lines to evaluate the momentum and strength of a stock's movement. By connecting the lows in an upward trend or the highs in a downward trend, he creates a visual representation of the stock’s trajectory. This technique allows him to discern the stock's current trend, be it bullish or bearish, and gauge its strength. A steeper trend line indicates a stronger movement, whereas a flatter line suggests a weaker trend. In Minervini’s strategy, the angle and longevity of these trend lines are critical factors in assessing a stock's potential for continued movement in its current direction. Identifying Trade Entries and Exits Trend lines are more than just indicators of stock movement; they are crucial for identifying potential trade entries and exits. Minervini uses two types of trend lines: support and resistance. A support line is drawn along the low points of a stock's price, indicating a level where the price tends to find support and bounce back upwards. Conversely, a resistance line connects the high points, highlighting a price level where the stock often faces selling pressure. For Minervini, a break above a resistance trend line signals a potential entry point, indicating that the stock might continue to climb. Similarly, a break below a support line might suggest an exit point or a short-selling opportunity, indicating that the stock could be entering a downtrend. These trend lines, therefore, play a pivotal role in his decision-making process, guiding him on when to enter or exit a trade. The Importance of Upward Trend Consistency In Minervini's method, consistency in an upward trend is a key factor. He looks for stocks that show a sustained upward trend, marked by higher highs and higher lows, which are typically indicative of strong buyer interest and positive momentum. This consistency not only suggests a robust bullish sentiment but also provides a measure of safety, as stocks in a consistent uptrend are less likely to experience sudden drops. Moreover, Minervini emphasizes the importance of volume in these trends. An upward trend accompanied by increasing volume can be a sign of strong investor confidence, adding further credence to the strength of the trend. Conversely, an upward trend with declining volume may signal a loss of momentum, prompting a more cautious approach. Conclusion Mark Minervini’s use of trend lines is a testament to their importance in stock trading. By carefully analyzing these lines for both support and resistance, and prioritizing stocks with a consistent upward trend, he is able to make informed decisions about trade entries and exits. For traders looking to enhance their strategies, incorporating Minervini's approach to trend lines can be a valuable addition to their trading toolkit, offering a clearer perspective on the strengths and potential directions of stock movements.
DJ:DJIEducation
by JS_TechTrading
Bitcoin to $1,000,000 Intuitional takeover . 2025 Lets recap the bear market, 1. Retail destroyed ☑️. 2. Fraudulent exchanges shutdown prior to intuitional bank exchanges opening ☑️. 3. Bitcoin halving next year in 2024 ☑️ 4. Bitcoin sitting at an all time time low on the strength index ☑️. 5. Every halving has led to a gigantic blow off top of adoption ☑️. 6. Intuitions have allocated to Bitcoin via MSTR / Miners ☑️. 7. All the kid experts are still short a US stock market that is incredibly undervalued adjusted to the M2 supply ☑️. 8. 5.692 Trillion in money market funds waiting on rate pauses☑️. 9. Bitcoin miners have been granted a pass by the SEC meaning they are clearing Bitcoin for the main stage ☑️. I'm really not sure what else people want for a perfect entry over the next few years for this asset, on top of that most derivatives are pricing this not happening as retail are selling the contracts still. P.S Saylor is either going to go down as a man trying to defend his company or he is going to be in the top 10 richest people of the world. Hard enough defending millions try defending billions. SAYLOR MICHAEL J MICROSTATEGY 2023-02-14 13G/A Citadel Securities GP LLC 2023-02-14 13G SUSQUEHANNA SECURITIES, LLC 2023-02-14 13G JANE STREET GROUP, LLC 2023-02-13 13G/A Capital World Investors 2023-02-13 13G/A Capital International Investors 2023-02-10 13G/A GROUP ONE TRADING, L.P. 2023-02-09 13G/A VANGUARD GROUP INC 2023-02-03 13G/A BlackRock Inc.
CRYPTO:BTCUSD
by FederalXBT
16