$BTCUSDT Bouncing from Demand Zone – Eyes on $75KBINANCE:BTCUSDT Bouncing from Demand Zone – Eyes on $75K with Strong ETF Inflows!!
After a significant uptrend, CRYPTOCAP:BTC experienced a healthy correction, finding support at a key demand zone. The current bounce from this level, marked by a bullish candle, signals a potential shift towards upward momentum. Volume is steadily increasing, which further strengthens the case for a continued move higher.
Additionally, there’s a notable rise in MARKETSCOM:BITCOIN ETF inflows, adding more fuel to the current rally. This confluence of bullish factors sets the stage for BTC to reach new highs, with $75,000 being the next major target on the horizon. Traders should watch for sustained volume and momentum as key indicators of this breakout.
Btcusdtperpetual
$BTC Daily UpdateSo BTC Price Action has been played out as expected so far. You could check my previous analysis for more information.
Very strong bearish momentum after mitigating premium and unmitigated daily supply range that we have been waiting for. Price have collected a lot of internal liquidity in Dailly Fractal Structure and I assume the next level price might go is down to $44.000
There is daily flip demand zone at the level of 62.000 - 63.300, and we might get a bullish reaction from that level, but I personally think that level will be used as liquidity and price to mitigate 59.000 - 61.300 demand range. And that is where we could get a bullish reaction If we get any.
Do not try to catch any longs before getting any bullish reaction from the demand zones.
Shorts from 65.200 - 68.000 more probable imo
#BTC/USDT#BTC
Bitcoin is moving in a sideways channel on the 4-hour frame and is perfectly adhering to the lower limit of $58,000 which acts as support and the upper limit of $61,350 which acts as resistance
We have saturation on the RSI indicator and a downward trend to touch the broken trend
We have a trend to touch the moving average 100
Entry price 61,300 $
First target 59,600 $
Second target 58,000 $
BTC Weakness Signals Potential Downside—Key Levels to WatchYello, Paradisers! Are we on the verge of a significant move in #Bitcoin, or will we continue to range within these tight boundaries? Here’s what we’re seeing in the charts right now:
💎#BTC has been stuck in a narrow intraday range. We're holding at the macro range low, but as long as BTCUSDT remains above $58,000 on a closing basis, we’re still in a relatively safe zone.
💎On the micro level, BTCUSDT.P is showing signs of weakness. Despite attempts to rally, the price hasn't managed to close above the $61,580 level—a critical range low zone. This indicates a potential lack of strength in the current price action.
💎A 1-hour order block has formed around $59,617, which BTC is likely to test soon.
💎A significant demand zone lies between $57,289 and $56,653. If BTC moves down to this area, we could see a bounce back to reclaim the internal range low, which has probability to happen.
💎If BTC reclaims the internal range low, expect resistance at both the order block around $59,617 and the macro range low at $61,363.
💎A strong candle close above the macro range low, accompanied by significant volume, could indicate a shift in trend, paving the way for a more bullish outlook.
💎On the flip side, if BTC closes below the demand zone, we might be looking at a deeper discount, with the potential for further downside.
Stay vigilant, Paradisers! The next few moves in BTC will be crucial in determining the trend. Keep your eyes on these key levels and prepare to adjust your strategies accordingly .Discipline and patience will be your best allies in navigating this market.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
I'll share a short-sighted RBI of Bitcoin#BTC
Hi, Friends!
Good to see you all.
I hope you have a joyful weekend.
Let me explain the short-term perspective of Bitcoin
■ The BLUE resistance line has not been able to break through upward.
■Bearish Divergence as RED appears.
■Red short-term uptrend line is broken down.
■ Expected to fall after retesting.
#BTC #Bitcoin #Update #Setup 13 #Eddy#BTC #Bitcoin #Update #Setup 13 #Eddy
Everything is going according to plan, are you enjoying the setups?
((I felt it necessary to give an update so that friends who want to know the right place to buy and know about the next movements of Bitcoin and not panic.))
Related Analysis & Setups of Bitcoin : (( BTC/USD )) : Check Link :
Forward to 22500Based on the previous analysis method that was done on May 22, 2022 and referred to in this analysis.
Bitcoin has already gone through two 26-week uptrends and a half-16-week uptrend.
In the analysis based on my method, the bullish period of Bitcoin will end in the next 4 days and the bearish period of 10 to 26 weeks is ahead.
The end point of this downward movement will be 22500.
For more information about this method, please contact me.
BTC short target 34.5k2h time frame
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BTC is creating a small triangle structure, the liquidation zone of this structure is 44500~45300.
Look at the bigger picture, 45000~45430 is the PRZ, which is made from 0.382 Fibonacci tool and project target at 35700~34500. Also, this PRZ(45k~45.4k) is the potential right top of a big double top structure, so this zone would be good to try short with great expected value.
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TP: 35700~34500 (~+22%)
SL: 46750 (~-4%)
BTCUSD H1 / POSSIBLE RISE AFTER THE RETRACEMENT 💲Hello Traders!
This is my idea related to BTCUSD H1. I expect a retracement until the resistance level, after that, I will look for a long entry. At this stage, I see Bitcoin as more bullish than bearish.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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🚨Bitcoin is Ready to Fall Again🚨👋Hi, I hope you had a great weekend.
✅ As I expected , Bitcoin started to rally from 🟢Heavy Support zone($39,000-$37,000)🟢 .
🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($44,700-$41,780) 🔴.
📈Regarding Classic Technical Analysis , it seems Bitcoin has successfully formed a Ascending Broadening Wedge Pattern .
🌊According to the theory of Elliott waves , Bitcoin seems to be completing the wave 5.
🌊The end of wave 5 can continue to a maximum of around $44,800 .
🔔I expect that Bitcoin will FALL at least to the 🟢 Support zone($40,600-$40,280) 🟢 after the completion of wave 5, after breaking the Support line , and in the next step, it can also fill the 🔵 CME Gap($39,700-$39,850) 🔵.
❗️⚠️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.
#BTC Long Possible#BTC Buy Setup
Even though experts and traders don't want it, the cryptocurrency market is more focused on real-world factors instead of technical analysis. Everyone is waiting for the SEC's decision, and it's likely they'll approve spot BTC-ETF applications. The initial market reaction can be predicted, but we'll have to see how things unfold in the long run.
It's surprising that the cryptocurrency market is paying more attention to real-world factors. This could be because of institutional investors getting involved, decentralized finance (DeFi) becoming more popular, and new cryptocurrency projects emerging.
The SEC's decision on spot BTC-ETFs is highly anticipated. A positive decision could lead to a surge in Bitcoin and other cryptocurrency prices, but a negative decision could cause a market crash.
Ultimately, the future of the cryptocurrency market will depend on factors like the SEC's decision, the overall economy, and new technologies. One thing's for sure: the cryptocurrency market is here to stay and will become even more complex and exciting in the future.
i Will Remove my Stop Loss because i Believe BTC will pump more before the BIG DROP comes.
Keep Save and don't over Leverage! 👍🏼
Bitcoin can go UP by Descending Broadening Wedge Pattern🚀✅Bitcoin started to pump after the approval of ETFs by the SEC , but the technical analysis zones are still working, and I showed you all the movements of Bitcoin in the previous post .
🏃♂️Currently, Bitcoin is still moving in the 🔴Heavy Resistance Zone($52,100-$45,800)🔴 and the bottom of the ascending channel , but I expect Bitcoin to make another temporary rally .
🚀It seems that the formation of a Descending Broadening Wedge Pattern can be a sign of the increase of Bitcoin.
🔔I expect Bitcoin to go UP to at least the 🎯 zone 🎯 it indicated on the chart after breaking the upper line of the wedge pattern .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
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.