BTCUSDT: Safe Zone Vs Risk Zone, Which one would you choose? Dear Traders,
WE have possible buying opportunities, with the first entry, the only reason that we think that price would reverse is, possible end of year bullish push which may take price to another record higher high. Although, since the price already has rejected we think price is unlikely to reject at the level, and may drop to 75k region.
good luck.
Btcusdtoday
BTCUSDT: $100k is Done, Next $130K? Dear Traders,
As we explained in our previous analysis that we had made on BTC, price have reached successfully 100k since the US Election fuelled up the prices of BTC and other cryptocurrencies. Now we are expecting price to drop 96k and then reverse from there.
Good luck.
#BTCUSDT: As advised in our last chart, price has hit 80K, 100K?Dear Traders,
As we had explained our previous analysis, that price is likely to reverse from 66k, now since price has crossed 77k region and its on the verge to hit 80k. We can expect a strong price movement now. The momentum has not shifted now after months and months of wait for bitcoin to hit the record high of 100k. Good luck.
#BTCUSDT: On The Way $80,000, Stay Alert! BINANCE:BTCUSDT
Bitcoin in currently accumulating which is a strong sign for traders who is looking for a swing entry on BTC, we expect price to drop and reverse from our buying zone. This idea is in making which means it can take time to develop and so execution of the trade can become difficult. Good luck.
BTCUSD up Bitcoin (BTC) experienced a 7% correction earlier in the week, dropping to $90,791 on Tuesday before recovering to $97,000 by Friday. On-chain data suggests a modest rebound in institutional demand, with holders buying the dip. A recent report indicates BTC remains undervalued, projecting a potential rally toward $146K. Additional optimism stems from Morocco’s legalization of cryptocurrencies and major players like MicroStrategy and Marathon Digital increasing their BTC holdings.Bitcoin failed to reach the $100K milestone last week and started this week with a decline. It experienced a 7% pullback to a low of $90,791 on Tuesday before recovering slightly to close above $95,500 on Wednesday and hovering around $97,000 at the time of writing on Friday.This week, institutional demand offers a clear perspective on Bitcoin’s pullback and recovery. According to Coinglass Bitcoin Spot Exchange Traded Funds (ETF) data, the week started with two consecutive days of outflows, totaling $558.1 million by Tuesday, followed by a modest recovery in demand through Thursday. If this inflow trend continues or accelerates, it could bolster the ongoing Bitcoin price recovery.
Scenario on Btc From a technical analysis perspective, we are fighting for the main level and that is the price around 95k, which means at this moment that we do not have any real reason to start anything yet. In short, we have the 95k level here. If the market does not hold this level, a short at 90-87k is very likely. If the market holds this level, it is quite likely that it will go for a new all-time high, but I personally see a short setup there.
BTCUSD: Looking for Shorting OpportunitiesBTCUSD has recently experienced a significant rise. Just like gold, after a large increase, a correction is inevitable. Today, I captured some profits from the pullback. Going forward, during the market fluctuations, pay attention to the previous highs or the resistance zone after breaking the highs. If your account allows, you can consider shorting, but be sure to manage the risk carefully.
Gold and Bitcoin: Dual Insights for Investment OpportunitiesWith the instability in international affairs, gold has reacted first, successfully breaking through the $2700 mark. Meanwhile, BTCUSD remains stuck in a low-range consolidation, despite conditions that should have led to a breakout long ago.
From the weekly candlestick chart, it's evident that this week, the BTCUSD price has completely broken through the MA30 resistance. Historical data shows that after significant upward movements, prices often experience a pullback before rising again. So, will history repeat itself this time?
I believe the probability is very high. Therefore, if you have funds available but are unsure where to invest, consider converting your money into Bitcoin and waiting for its gradual appreciation, or directly invest in BTCUSD with a long-term strategy. I think this time, the price could reach 78K .
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.
Bitcoin's local perspective 16.09.24The current local trend, which started last week, is described by the EXP ascending pattern (orange) and as long as its trend is not broken, there are all chances to continue moving towards $61,700 and $64,186.
At the same time, now we see the forming EXP pattern (turquoise), which is a corrective pattern to the previous one.
If the price goes under the zone formed by the fourth points of the models - the zone around $58,100, we may see a decline under the level of $55,494, where we will try to catch a long on #BTC on the rebound.
If the price is able to consolidate under the $55,494 level, the next target will be the levels of $53,472, $51,268 and $49,155.
btcusdt signal sell. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BTCUSDT: $57000 TO $66000 Targeting Small Move Dear Traders,
We have a good opportunity on btc to target a small buy correction move, it is not an swing trade. However, we cannot be certain of swing move yet on crypto market that is why we have decided to share you an intraday move. Please do your own research too before entering or taking any positions.
BTCUSDT: Heading towards $82,000Dear Traders,
Price is currently making correction in daily timeframe, in our view price can drop to 62k to 63k region where we can see strong bullish pressure coming in the market. However, it is also notable that price can just reverse from the current price area that it is trading at, as price already have been dumped once to 54k and there is no strong reason that it would drop to 63k region.
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