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Btcusdtoday

My View Point On Bitcoin today, {6/03/2024}Educational Analysis says BITCOIN BTCUSD may move in this range for some time according to my technical. Broker - bitstamp This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because I think It's going to be short selling for Bitcoin this year or up to the end of this year, There is a lot of liquidity as fvg & volume gaps to the downside. Bitcoin Institutional traders have built a lot of liquidity when the price was very low, I think it's time to collect it and after that go for an all-time high. Let's see what this pair brings to the table in the future for us. Please check the Comment section on how it turned out for this trade. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
BITSTAMP:BTCUSDShort
by VishalBudhrani
1
Bitcoin Pole & flag formation, Breakout expected!BTCUSD has started the November month rally towards upper side, It has reached 36k twice in this month and got rejected at the time of writing BTCUSD is trading around 35300.00 Currently 50 EMA is acting as dynamic support for the bull. october month high (35150.00) is aligning with current support level. We can see the pole and flag formation and the clear breakout and retest will invite more buyers into play. Breaking below 35k and the lower side trendline will open the door for the bear.
COINBASE:BTCUSDLong
by velmunis
BTCUSDT BITSTAMP:BTCUSD has had a major push breaking above the 30,500 resistance area. We just might see a push back into that area again to retest the broken resistance as a new found support, if it is sustained, price may end up pushing higher and if otherwise, we may see price pushing lower. Support areas to keep in mind, 30,500; 25,000; 19,500 and 15,981 Resistance to keep in mind 43,500; 58,800 Happy hunting All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
COINBASE:BTCUSD
by Mbjoey
BTCUSDT - D1BTCUSDT There are changes since the last review; on H4 the price managed to gain a foothold at the level of 27165. On D1 you can see the implementation of the 3rd wave from the local maximum, which could lead to a further fall inside the sideways range with targets up to 24900 Locally, you can consider sales from these levels (27150 - 27000). What can you expect? You can consider entering from current levels. It is better not to take increased risks, in order to avoid a false breakout if the price does not continue its local downward movement. Local goals that we can achieve in the near future: 26,000. Targets 26640 - 26350 - 26000
Short
by Trade_Hive_Signals
3
BTCUSDT - H4BTCUSDT Locally, you can consider buying from these levels (27650 - 27755). In order to consider sales, it is necessary to fix the price at the level of 27165. From which the price is constantly buying off, which makes it possible to buy even in such a market. Local targets - 28555 What can you expect now? You can consider entering from current levels or breaking through the level of 27755. It is better not to take increased risks. Cancellation of the idea from level 27165. Targets 28063 - 28251 - 28555
Long
by Trade_Hive_Signals
BTC excellent short entry 29k12h time frame - Bitcoin dumps 1.5% today, and many people think the huge dump is coming. However, if we take a look at the uptrend since 24901 on 12th Sep, this uptrend line has not been broken yet which means Bitcoin is still on the upward way. Combining with 0.618 Fibonacci Projection, there is a structural support around 27000~27300. Therefore, we can set up a trading plan once Bitcoin reach and get support at that zone, and target is 29000~29500, also the excellent entry to open short as we pointed out in previous Bitcoin two analysis: the critical pattern-Head and Shoulders(ref.1) and PRZ of Harmonic pattern(ref.2). Both targets are 18500~15800. - ref.1 Head and Shouders ref.2 Harmonic pattern
by EthanTW
1
BTCUSD 1D : Try to breach the resistance BTCUSD New forecast The price of BTCUSD rose up during last week and reached to our first target near to resistance zone 28345 - 28900 and now offers side trades below the resistance Now as we see in the chart the price trading in the bullish channel for a long so we expect the price will be continue at the bullish trend but to confirm the bullish trend should stable above the resistance zone to open the way from our target . Therefore ,the upward trend scenario will be remain valid and effective once stabilized above resistance zone and our target will be 31044 and 33022 ,Taking into account that failed to stabilized above the resistance zone will force the price to start correction and visit the previous broken areas ,so the main condition to be continue at the bullish trend is stabilized above resistance and other wise the price will retest . wait for breach the resistance and when we see the price action then we will buy it The expect range trading for this week it will be between 33022 and 24828. support line : 25819 , 24828 resistance line : 28345 , 28902 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
EIGHTCAP:BTCUSDLong
by Arazmajeed
4
BTC create small Head and Shoulders 2h time frame - There are two resistance zones Bitcoin reached recently. 1st at 26650~26850, 2nd at 27450~27800. Standard strong pump should turn the 1st zone into support after breaking up. However, we can see Bitcoin just went down through 26650~26850. This trend implies weak sign on market. Therefore, if Bitcoin takes more time to create a consolidation structure between 26350~26930, a Head and Shoulders will be following. TP: 25824~25694 / 25271
by EthanTW
Bitcoin - Nobody expects such a move.3 month liquidity hited. Level 31730. 6 month liquidity hited. Level 31730. these levels also coincide with the fibonacci level. this is the seller's discount zone 0.5% What is interesting is that the monthly high was also taken out, by the previous maximum. There is still a gap below that needs to be covered. Nobody expects such a move. Recently, miners have put bitcoins on exchanges to hedge, I don't know how to find this information correctly. There is no greed in the market, but there is some liveliness of the market, I started to hear a lot about 32 35 40 thousand dollars for bitcoin from some young analysts. These are all thoughts in the ear, if you have an alternative opinion, please write.
CME:BTC1!Short
by Artem_Dishel
15
BTCUSDT, Long from a crucial supporttBTCUSDT has been a bearish trend since it rose to $28,143 on 29th August 2023. The bears have been able to bring down the price to equal lows since 22nd August at $25,331. Price is currently reacting on a month support ($25,836) and a break below this level could further plunge the price to $21.410.6 What do I expect? The current price is exactly reacting at the base of the trendline support of the ascending channel since 19th January 2023 and the bears are losing momentum at this level which is the reason why the bulls will overtake the bears to drive up the price to $26,606 and further to $27,601 in the coming days.
Long
by AbeikuGlobal_FX
3