BTCUSDT is loading short-term bearish.BTC has one last right to fall. Expect.
It is not investment advice.
Btcusdtshort
Smart people go long on Bitcoin
There is a chance for a sharp rise in Bitcoin when going long near 64,000. The rise is about 1,000 points
BINANCE:BTCUSDT BYBIT:BTCUSDT.P INDEX:BTCUSD BINANCE:BTCUSDT.P TVC:DXY TVC:GOLD
BTCUSDTBTCUSDT is trading in strong bearish trend and consistently printing LL LHs. and is about complete ABCD pattern at strong daily resistance level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 50000
What you guys think of this idea?
How to make money with Bitcoin? This time it is a decline.
From the trend point of view, Bitcoin will continue to fall. There is currently pressure at around 62,000. This round of decline is expected to go down to 60,500-60,000. So shorting Bitcoin can make money.
BINANCE:BTCUSDT BINANCE:BTCUSDT.P COINBASE:BTCUSD INDEX:BTCUSD BYBIT:BTCUSDT.P TVC:DXY OANDA:XAUUSD NYMEX:WTI1! FX:GBPUSD
Short Bitcoin and wait for a decline.
After the technical deviation of Bitcoin, a sharp decline is brewing.
Oversold Bitcoin. It will continue to rebound.
I think there is also a trend of rebound after the decline of Bitcoin. The current price is around 61,000. The target is in the range of 62,100-63,000. Friends who like to trade cryptocurrencies can choose to buy as the main position.
INDEX:BTCUSD BINANCE:BTCUSDT.P COINBASE:BTCUSD BINANCE:BTCUSDT
Bitcoin rebounds by about 500-800 points in the short term.
64500 is a good position for shorting.
You can buy in small batches at present. Remember not to scalp. The risk is very high and uncontrollable.
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P INDEX:BTCUSD INDEX:BTCUSD BYBIT:BTCUSDT.P CRYPTOCAP:BTC.D
BTCUSD
The BTC/USD pair is currently in a bearish movement, adhering to the impulse and correction pattern and following the Elliott Wave 12345 structure. The price has recently moved up a few pips, touching the descending trendline and completing the 4th Elliott Wave. This suggests that the price is likely to move long-term bearish, continuing the downtrend in line with the 5th wave.
#BTCUSDT: $40,000 Possible Next Target! Major Correction! BINANCE:BTCUSDT
Price has changed, we can now see price dropping towards $40,000 which area can be ideal for swing buyers. Now we are eyeing price to reach and reject at $62,000 where we can swing bearish reversal.
Good Luck and trade safe!
BTC - what if it's lower than $56 522?On May 21, the INDEX:BTCUSD chart formed a model on the weekly timeframe that describes the key logic behind the price movement.
The model was confirmed by touching the trend line:
After an unsuccessful attempt to retest the trendline between June 5 and June 8, the price retreated towards the 4 point ($56 522).
Right now the price is trying to consolidate above this level, but if INDEX:BTCUSD still fails to trade higher during the week and goes back under $56 522, we could see price levels like $43 349 and $33 229 in the long term.
BTC GOING TO 42000It's humorous to say that whales love this movement... When a TP is hit, they push the target upwards and create a reverse head and shoulders, then they create a normal head and shoulders pattern again and start the decline despite the market being completely negative. They are all based on the double top formation without the need for all this artificial drama. The target on the weekly and daily timeframes is between 52,535 to 50,780, and after that, hitting the weekly trendline will occur and it will be swiftly propelled upwards...
Although my overall belief is that the main downward target will be the nearest and strongest Ichimoku cloud, which is at 42...
In the first stage, a beautiful triangle must be broken, and the Fibonacci 1.272 in the uptrend must be touched, then the next stages will be accessible.
#BTC/USDT#BTC
The price of Bitcoin is moving in a bearish channel on a 1-day frame. The price adheres to its limits in a wonderful manner. It is expected to be breached in the coming period to the upside due to the presence of significant oversold saturation.
With a bounce from the lower border of the channel, which supports the rise
We have a bounce from the green support area at 54500
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 55,800
The first target is 63325
Second target 70280
Third goal 78524
Fourth target 85350
BTC - RSI in TROUBLE for SHORT TERM Continuing this long standing analysis on Bitcoin since I first pointed out the danger of an M-Pattern forming:
The Weekly RSI has dropped under 50 , which is bearish for the time being (until the RSI gets back above 50). However, this alone does NOT mean we're back in a bearish cycle. Watch the video to see the conditions.
Previously, we were discussing the likelihood of a 20% retracement:
To clarify - I still think it's likely for Bitcoin to see another ATH this year. But, as I pointed out in the fractal, it could be a multi-month playout.
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BINANCE:BTCUSDT
BTCUSDT BUY ?Btc Usdt Not Blow Blue Trend Line We Can Take Sell For Short Term After Break Blue Trend Line Upside We Can Buy After Candle Confirmation For Target 70000$+ Note It's Not Signal Just Analysis After Confirmation BtcUsdt Signals Will Be Available Stay Tuned
BTCUSDT likely to be rejected from daily resistance around 64.5kThe price has dropped significantly once rejected from weekly resistance WR1. Now it has bounced from weekly support WS1 and now on the way to daily resistance DR1. I believe the price will struggle at DR1 and will be rejected towards 4HS1 at least. And therefore, this short trade idea if the price reaches towards DR1. Lets see if price manages to reach there and fill our orders. By the way, keep in mind, the price has broken important support and structures so it is full in bearish mode.
Bitcoin: Will Low Volume Push Price to $61,000?Bitcoin (BTC) has lost momentum over the past two days, raising concerns among analysts, and traders. The leading cryptocurrency is currently trading sideways, lacking the strong volume needed to break through key resistance levels.
Low trading volume often precedes price dips, and if we don't see a surge in buying pressure soon, we could see Bitcoin revisit the $61,000 area.
The $63,000 price point has proven to be a significant hurdle for Bitcoin in recent weeks. Without a significant increase in trading volume, I believe a price correction towards the $61,000 support level is a strong possibility.
BTC FRACTAL - 20% Correction PossibleLet's do a quick recap on Bitcoin.
I rediscovered a fractal from a post I made a few months ago, which compared BTC price action to NVDA price action after making an ATH.
Currently, there is another Bitcoin fractal based on the M-Pattern and we take a deep dive into how far this correction could go.
I'm labelling this post as "short" simply for the lack of better options. I do believe the price will correct lower, but I wouldn't take a leveraged trade so close to the a new ATH.
Link to the earlier comparison with Nvidia:
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COINBASE:BTCUSD BINANCE:BTCUSDT
BTC Could take a pullback (5000 pts downside)BTC level of 69000 round level could be crucial
there we have two condition on both sides
but the down the side has more space to move and get more liquidity (4000-5000)
whereas the upside has only 2000 pts space
the favourable sides happens to be pullback and trade on reversal
because once the price crossed above 69000 then soon after there will be resistance of trend line
64,600 and 64,120 is a fvg from daily chart incase we see higher high, higher low on this area will be look for longs
BTCUSDT at daily resistance, likely to head to 64.5k-65kThe price bounced here as the zone was a weekly support zone but has come to the daily resistance zone DR1. But it seems it is likely to get pushed a bit more down. Below we have support zone DS1 and WS2. First is the daily support DS1 from where the price is likley to bounce. Therefore, a short trade is favorable here. The price is likely to land to daily support DS1. This DS1 zone is lying around 64.5k to 65 k area. I
BTCUSDT to hit resistance around 70.5k and drop towards 67k Here is a new short trade idea. The price has been pushing up after the last big drop around 5 percent. The price found support around 68.5k zone and since then it is pushing up slowly. This push has been really slow and likely to reach till the low TF resistance LTFR1. I expect that the resistance there would make the upward push of the price to stop and then push it downwards. This rejection of the price at that resistance level will lead the price to look towards the next support on its way down. The next major support is weekly support around 66.7k-67.7k. Therefore, a short trade favorable from there towards weekly support WS1 around 67k.
Why is Bitcoin crashing below $68,000?Bitcoin’s price has been having difficulty approaching its all-time high of $75K and is still consolidating.
On Friday, the cryptocurrency tanked below $70K, and if the current level supporting the price breaks down, an even deeper correction could be expected.
Looking at the 4-hour chart, things seem tricky for Bitcoin. An ascending channel is currently being formed around the $70K mark. The price has already tested the pattern’s higher trendline and the $72K resistance level twice. It was rejected decisively and is testing the SWB:69K support level once again.
A breakdown of this level could cause even more trouble. If the pattern is broken to the downside, a deeper drop toward the $60K would likely materialize in the short term.
With the RSI also below 50%, the bearish scenario seems probable.
WHITEBIT:BTCUSDT
BTC Short Scalp 4Hr TFBTC is rejected 4-5 times from the 4hr+1D supply zone. Now 1D closure is going to be bearish engulfing which will be good upcoming bull run.
This pullback will give us more buying opportunities.
Get ready and hold on your spots.
Dont forget to follow and share please.
Bitcoin (BTC) Price Resurgence, Binance Coin (BNB) Hits a New HThe price of the primary cryptocurrency has been on an uptrend in the past few days, rising to as high as $71,700 on June 5. Currently, it hovers the $71,000 mark (per CoinGecko’s data), representing an 11% increase on a monthly scale.
The resurgence coincided with record figures related to spot Bitcoin ETFs in the USA. Those products witnessed a total inflow of almost $900 million yesterday, the second-best day since their approval in January.
Numerous analysts believe BTC could soar even higher in the near future, assuming certain factors are in place. The X user, Captain Faibik, predicted a rise above $90,000 should the asset surpass the “crucial resistance level” of $71,300.
On the other hand, Ali Martinez assumed that a pullback is not out of the cards based on the TD sequential, which presents a sell signal on the four-hour chart. This technical analysis tool identifies potential price exhaustion points in the market and indicates when a trend is likely to reverse.
