Btc to 70k$Btc is trading in bullish structure, If we trade according text book then marked order block below the sell side liquidity is very good potential area to open long positions. 64K then 70k
BTCUSDTPERP
#BTC has a divergence, beware of rebound📊#BTC has a divergence, beware of rebound⚠️
🧠The market developed as expected, with a rebound after the price reached the buy zone. From a structural perspective, if we want to make a deeper adjustment, we need a short structure as its supporting force. Therefore, caution is bearish without establishing a short structure.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:BTCUSDT.P
Bitcoin August Projection:Bullish Scenario:
Bitcoin has been in a cycle Wave 4 correction between March 13th and July 5th.
The correction took the shape of an Expanding Triangle in five waves.
Since July 5th, Bitcoin has completed or almost completed wave 1 of 5. This wave 1 is an extended leading diagonal. Wave 1 completed the minimum requirements. However, it may extend even higher to 74K.
Should the price close a daily candle below the upward-sloping trendline, I assume it is heading for a wave two correction, which will likely last the month of August, maybe even September.
Wave 2 should be a deep correction. The typical Target is the 0.618 retracement. I highlighted a PRZ between the 0.5 and the 0.786 retracements. The PRZ will need to be adjusted should Bitcoin make an HH.
Two Possible Short-Term Scenarios:
1. Bull Trap: On Wednesday, the FED will announce rates. Traders will try to front the rate cut announcement, and Bitcoin will make a HH. If this occurs, look out for a Regular Bearish divergence and a false breakout, which will kick off the correction in wave 2.
2. Direct Breakdown: This scenario assumes that wave 2 is already underway. Wave 2 confirmation is the breakdown from the trendline. In that case, I expect the price to find support at around 63.5K for a dead cat bounce in wave B.
It is too early to say, but this is a nice scenario to watch out for:
Bearish Scenario:
This is less likely, but the possibility exists.
1. Bull Trap: Bitcoin will move to range high to make a UTAD, possibly because of an early rate cut announcement. Following the UTAD, Bitcoin will begin a decline, signaling the end of the bull market.
2. LPSY: It is also possible to consider July 29th as an LPSY in phase D. If this is the case, we are going down directly.
#BTC fell below the uptrend support line. The plunge begins📊 #BTC fell below the uptrend support line. The plunge begins❓
🧠 From a structural point of view, this correction does not have any structure to support it, so we cannot go far. And there may be a divergence at the 4-hour level. Therefore, if there is another sharp decline, then we can consider long transactions.
➡️ If you had shorted according to my idea yesterday, you should have made at least 3,500 points of volatility profit today, so it is reasonable to suggest that you lock in the main profit before expecting more.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:BTCUSDT.P
BTC - Bullish caseOk, although i'm super cautious at the current levels (and have been like that since ath) and think that we've been distributing, i don't want to be biased to the one side blindly as nothing is clear yet and bitty has been strong in this range.
Here is the most bullish idea that makes sense to me (as in, going higher without any significant low). If things doesn't look good at the levels above, I'm going to exit the market fully.
BTC 30Jul TF 15MBitcoin is in a bearish structure in the time frame of 15 minutes. I expect a reaction from this area (DYOR)
BTC As shown in the 4-hour time frame, a strong trendlineAs shown in the 4-hour time frame, a strong trendline can be seen underneath, and at the current position, the trendline and the 0.236 fib level indicate that the price may rise to 70K from this limit. If this limit is breached and the price falls, the price may also fall to the 63k level.🌈✨
BINANCE:BTCUSDT.P
BTCUSDT - SHORT [Daily Signal] [UPDATE]This is getting ridiculously nasty that somebody still wants to lose money in long position. Play, don't get be played.
60.000 is key level.
55.000 just possible for short term.
Stay tuned and don't make emotional decisions, market praises smart ones.
#BTC/USDT#BTC
The price is moving in an uptrend with great success and is expected to continue rising based on the uptrend
It is expected to touch the trend at the current price of 67800 and continue rising
This rise is supported by relying on the uptrend on the RSI indicator
Also, stability above the moving average 100 increases the possibility of rising to the level of 71900 as a target
Where is the heaviest resistance zone for #BTC? 📊Where is the heaviest resistance zone for #BTC❓
🧠A new week has begun, we once again broke through the neckline resistance zone at the monthly level, and the upward trend is very good. However, we are currently near the periodic resistance zone, and it is unreasonable to chase the increase because the stop loss range is large.
➡️If the price can return to the upward trend support line and neckline to gain support, it is reasonable to consider going long. Otherwise, let it continue to rise. You can pay attention to the heaviest resistance area in the mid-term (72000-74000)
⚠️Note that if we fall below the upward trend support line, it means that the upward trend is over, and we need to be alert to the occurrence of a deep correction.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:BTCUSDT.P
#BTC/USDT Update, $70k on radarAfter 139 days of consolidation, we're witnessing the fifth attempt to break the resistance. Patience is crucial; we need to wait for a confirmed breakout. In the meantime, we'll keep buying the dips for altcoins.
**My Thoughts:** BTC is likely to break the $70k zone. The "sell the news" reaction following Trump's speech was quickly bought up. Bulls and institutions are loading up while retail investors remain cautious, waiting for another dip. This creates an ideal scenario for BTC to break to the upside.
Let me know what you think in the comment section and please hit the like button.
Thank you
#PEACE
#BTC double top structure is intact, don’t be too optimistic📊#BTC double top structure is intact, don’t be too optimistic⚠️
🧠 Judging from the weekly level structure, the double-top bearish structure is still intact, and the current price is near the neckline resistance zone at the monthly level, so we need to be alert to the arrival of adjustments at any time. Also this is the last weekend in July so we need to be careful.⚠️
➡️If in the end we still choose to continue to rise and break through the resistance zone to reach a new all-time high, then the possibility of continued in-depth adjustment will not exist. If there is another good callback, we can boldly buy.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BINANCE:BTCUSDT
Bitcoin will Fill the CME Gap!!!Bitcoin reached the Resistance zone($68,000-$66,170) again. Will Bitcoin succeed in breaking this zone or not❗️❓
According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 5 ; the structure of the main wave 5 can be Expanding Ending Diagonal .
Also, we can see Regular Divergence(RD-) between Consecutive Peaks .
I expect Bitcoin to go down at least up to the Support line and the CME Gap($66,350-$65,835) .
Bitcoin Analyze (BTCUSDT), 15-minute 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.
BTCUSDT.P - SHORT [Daily Signal] [UPDATE]The situation has become even better. I increase the size of the short position, the TPs are still the same.
Stay tuned, folks.
Annual Bitcoin Conference 2024==>>ExpectationsBitcoin moved as I expected in previous posts . The question here is whether the upward trend of Bitcoin continues or not!?
I apologize for the that the chart is a bit busy. I think all was needed😊.
🌐 Breaking News : As I was writing this post, the breaking news was that Joe Biden withdrew from the US presidential election, which can shock financial markets. 🌐
Bitcoin is currently moving in the Resistance zone($68,000-$66,170) and Ascending Channel .
According to the theory of Elliott waves , Bitcoin seems to have completed the main wave 3 in the resistance zone , and now we have to wait for corrective waves .
Also, we can see Regular Divergence(RD-) between Consecutive Peaks .
In addition, if we look at the USDT.D% chart , we will notice that USDT.D% is near the Lower line of the Ascending Channel and the Support zone , which I expect USDT.D% to have a little upward trend in the coming days, which will also correct the cryptocurrency market.
As a result, corrective waves can continue until the start of the annual Bitcoin conference 2024 , and if Bitcoin breaks the Support lines , the Support zone($64,000-$62,280) , 100_SMA(Daily) and 21_SMA(Weekly) , we can wait for the CME Gap($60,845-$57,895) to be filled.
-------------------------------------------------------------
Now, let's get some information about the Annual Bitcoin Conference .
The Bitcoin Conference(started in 2011) is an annual event where industry leaders, developers, and enthusiasts gather to discuss the latest advancements in Bitcoin and blockchain technology. The conference features keynote speakers, panel discussions, and networking opportunities, providing insights into the future of cryptocurrency, regulatory issues, and innovations in the space. It's a key platform for sharing knowledge, exploring new ideas, and connecting with others in the Bitcoin community.
My review from 2017 is that the market cap of the cryptocurrency is considerably higher than in the years before 2017.
-------------------------------------------------------------
The year 2017:
Date: May 22-24
The main market trend: Bullish
Bitcoin changes during the conference(%): +7.66%
-------------------------------------------------------------
The year 2018:
Date: May 14-16
The main market trend: Bearish
Bitcoin changes during the conference(%): -4.27%
-------------------------------------------------------------
The year 2019:
Date: May 13-15
The main market trend: Bullish
Bitcoin changes during the conference(%): +11.87%
-------------------------------------------------------------
The year 2020:Covid
-------------------------------------------------------------
The year 2021:
Date: June 4-5
The main market trend: Bearish
Bitcoin changes during the conference(%): -5.6%
-------------------------------------------------------------
The year 2022:
Date: April 6-9
The main market trend: Bearish
Bitcoin changes during the conference(%): -6.89%
-------------------------------------------------------------
The year 2023:
Date: May 18-19
The main market trend: Bullish(in correction)
Bitcoin changes during the conference(%): +2.00 %
-------------------------------------------------------------
The year 2024:
Date: July 25-27
The main market trend: Bullish(in correction)
Bitcoin changes during the conference(%): ❗️❓ %
What do you think about the annual Bitcoin conference in 2024? Will Bitcoin continue to rise?
-------------------------------------------------------------
It can be concluded that when the general trend of the market is bullish , Bitcoin has increased during the annual Bitcoin Conference, this review is only based on past data. Another point is that Donald Trump will probably speak at this conference this year, so Bitcoin probably increase in the two days of the annual Bitcoin conference 2024.
But before holding the annual Bitcoin conference in 2024, we can wait for Bitcoin correction.
-------------------------------------------------------------
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.
#BTC Rising Wedge, Retracement Coming? 📊#BTC Rising Wedge, Retracement Coming? ❓
🧠 From a structural point of view, we are still oscillating near the selling zone. The higher we go, the greater the resistance, so it is not recommended to chase the rise here.
➡️From a graphical perspective, a rising wedge model is formed near the selling zone. If it falls below the lower edge of the wedge, it means that the decline is about to begin.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:BTCUSDT.P
GROKUSDT SETUP: GO FOR LONG as a EASY RETURNHello Folks !!
Welcome to the quick update of GROKUSDT. As of now, we can see it is trading around 0,00765 and currently at the immediate resistance. If it breaks this resistance, we can easily see a target of 25-20% in the short run and it can reach a price of $0.029 in the long run i.e. within the next 6 months.
We can take a trade with the below details:
Entry: 0.006510 to 0.007561
Short term Target: 0.01120 to 0.01981
STOPLOSS: 0.00611
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
LDOUSDT UPDATE : READY to LAUNCHHello Folks !!
Welcome to the quick update of LDOUSDT. As of now, we can see it is trading around 1.57 and currently at the immediate resistance. If it breaks this resistance, we can easily see a target of 25-20% in the short run and it can reach a price of $1.87.
We can take a trade with the below details:
Entry: 1.54 to 1.57
Target: 1.79 to 1.91
STOPLOSS: 1.47
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
BTCUSDT.P - LONGHere we go again shifted structure again with a great displacement thats my trigger plan we long with a retest if we get filled, Cheers!
Bitcoin Analysis==>>Bat PatternBitcoin is currently moving in an Important Resistance zone($68,000-$66,170) , which it has tried to break several times.
It also seems that Bitcoin has succeeded in forming a 🦇 Bearish Bat Harmonic Pattern 🦇.
I expect Bitcoin to drop to at least the Lower line of the Ascending Channel .
Bitcoin Analyze (BTCUSDT), 15-minute 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.
Bitcoin will go up again==>>Short termBitcoin made the corrections I had expected in previous posts .
Bitcoin is moving near the Heavy Support zone($63,410-$62,280) and Support lines .
I expect Bitcoin to rise by touching the Support lines and Support zone($63,520-$63,240) .
Bitcoin Analyze (BTCUSDT), 15-minute 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.
#BTC rebound is realized, beware of corrections📊#BTC rebound is realized, beware of corrections📉
🧠 We rebounded from the support zone as expected, and the current goal of the bullish structure has been achieved, so there is an expectation of a pullback, so do not chase the rise in the selling zone. ⚠️
➡️From a structural point of view, we are likely to oscillate between the support zone and the resistance zone. A break below the lows would create a bearish head-and-shoulders structure, which means we may be entering a deeper correction.
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BITGET:BTCUSDT.P
