BTC SHORTConsidering the Bitcoin price channel and also not reaching the valid node, I expect the price to reach the bottom of the channel
Btcusdtshort
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.
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.
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.
BTCUSDT at 4h resistance and likely to head to 62500Here is a new trade idea which is a short trade. The price has hit 4HR1 and it is likely to get rejected from there and head again towards DS1 and a bit lower. Lets see how the price action develops. Let me know what you think about this trade.
BTCUSDT NEW SHORT SET UP (Mid-Term)BTCUSDT
(mid-term)
NEW SHORT SET UP
Entry price: Liquidation Pool (73,000 - 75,000)
SL: 80,000
TP1: 68,000
TP2: 63,000
TP3: 60,000
TP4: 58,0000
Trade carefully!
BTCUSDT Headed for more than 7% Drop?Hey Realistic Traders, let's dive into the technical analysis of BINANCE:BTCUSDT
Bitcoin is currently trading below the EMA90 line, indicating a bearish trend . The breakout from the rising wedge formation further confirms this downtrend. Additionally, the momentum indicator has revealed an MACD bearish crossover, reinforcing the negative sentiment . This crossover, marked by the MACD line crossing below the signal line, underscores increased selling pressure and suggests a potential downward movement. Therefore, these combined technical signals collectively suggest a continuation of the bearish trend, with our initial target set at 58,093 or potentially dropping further to the second target at 55,742.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin."
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BTCUSDT is loading short-term bearish.BTC has one last right to fall. Expect.
It is not investment advice.
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.
