Bitcoin Bullish count up.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Reacting and testing level identified.
Bulls need to break this level (63380)
and the pivot (65k) as a show of force.
Here is my conservative take if an impulse completes.
All hinges on 61779 and (1) pivot holding.
Possible ZZ completing so looking for a reaction off most likely targets.
One reaction is given. Looking for an impulse down.
Trade Safe,
Trade Clarity.
Bticoin
BTC 15K to 73K, the beginning of the HOLDER dream pre-Halving!!
1. BTC is trading around 72.5K, surpassing its **all-time high (ATH) of 69K.
2. From its minimum around 15K, the original cryptocurrency has appreciated by 383%.
3. BTC HODLERS have experienced significant gains, with most of them currently in a profitable situation.
4. The critical question that arises is: **When will be the right time to sell?
The Crypto Community Profits After the Longest Bear Market in History
They say that after a long wait, substantial benefits emerge. And this is precisely what's happening in the crypto world. Traders, HODLERS, and crypto investors have weathered one of the worst bear markets in history. Many abandoned ship before it sank, but the wisest persevered. Their incredible profits today are a testament to their tenacity and patience.
Technically, BTC/USDT is on an upward trajectory since the 42.5K mark, appreciating by 73% from that level. Corrections will continue to weed out inexperienced traders who jump in during bullish market conditions, but the bullish targets remain steadfast.
1st bullish target: 80K
2nd bullish target: 120K
3rd bullish target: 150K
4th bullish target: 185K (only if it closes above 150K and that level becomes support; otherwise, it could signal the start of a new BEAR MARKET)
Regarding support levels, as long as we remain above the ATH (69K), the bullish trend remains secure. Additionally, if BTC enters a sideways phase and BTC DOMINANCE starts declining, it might be the perfect moment for ALTCOINS to continue their upward trajectory.
Remember: This is not investment advice and should not be taken as such. Each individual is responsible for their actions as a trader or investor.
BITCOIN BTC Bearish Possibility, Not Much To See Here!Has BTC exhausted its recent rally? Top has rounded and formed, Making lower lows and lower highs, Hitting key resistance, Has failed to sustain 50K, Momentum indicators divergent, and could be following my wave analysis for a pullback.
Still need to see price break 46.5k, 42k and 37k in my humble opinion. After that not much stopping it other than 23k and 16.5k
Just a simple idea analysis. Not much to see here.
Always be ready for any scenario!
Bitcoin nothing to worry about.Path to 80kBitcoin is still on its way to 50k and then 80k. However 25k proves to be a very strong resistance mark due to the 200EMA in the weekly being located there causing an inevitable correction on the lower time frame. Until we are able to break we will be correcting. For the meantime 19-20k seems like a reasonable target If it doesnt go up from here soon.
I am sharing these ideas so my member can see. I don't explain much in here.
Drop to $14,000 for Bitcoin SoonI cant predict or know how price will go but I have a strong feeling we wont be making any more highs now, this pump was the highest we will see bitcoin for a while. We could see another pump but I would short.
I highly doubt we will break above the white semi circle as there is strong rejection from those levels.
NFA, do what you believe at the end of the day.
LTO / USDT | full detailed trade#LTO/USDT
🟢Entry price: 0.073 - 0.07
🎯Targets:
|> 0.081 (Sell 50%)
|> 0.089 (Sell 30%)
|> 0.095 (Sell 20%)
🔴Stop-loss: 0.0675 (4D candle Close under it)
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 3%
please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money.
stay safe and trade safe
thank you!
25.2-25.5K seems interesting for new short positionMorning folks,
BTC goes with our long-term fundamental view and those who read our monthly reports knows about it since December 2021 when we've warned against long-term investments in BTC. This week end we have taken in-depth view on the US stock market that shows bad perspectives and BTC as usual is becoming a storm crower, with 600 Mln+ positions were liquidated just on Friday...
In short-term it seems that 25.2-25.4 resistance area might be interesting to consider another short position. Right now we do not consider any longs by far.
Bitcoin (BTCUSD) More Huge Selling Coming What we are looking on Bitcoin are more continuation patterns
The outlook suggest a breakdown to 18k now or a pullback into the 35k range first to suck in more liquidity then sell down to 18k
20k is the Key Level or real trading range but we expect an overshoot into the mid 18k before popping above 20k
Macro view we have our super obvious head and shoulders with a huge Bear flag asking for lower prices.
The Bearish Pennant forming at the 30k isnt a strong probability pattern so nothing to get excited about and hence why we still have 35k on the map, but the rug pull is most likely still coming and what were planning for.
Price has struggled with the 30k level for a while. Not a good sign for the bulls.
Note: 18k/20k is NOT a strong level. Dont expect that level to hold very long when we reach there. 8-12k is the next real region for BTC. As we move into this recession/depression Its not going to favor tech stocks and crypto. However we are excited to accumulate at the bottom to begin the eventual new cycle.
Bitcoin Trend Analytics June 27th - range BTC fluctuates within the box in the downward channel.
The overlapping area formed by the box and the channel will gradually cultivate a triangle before a breakout.
The box: $19178.56~$22883.17 , where $21969.29 is the key resistance; $20463.69 is the key support.
While forming a range before a breakout, long and short flip quite often.
Bitcoin becoming more funYou might have already read this post below; but why this is still amazing for me, is that it's impressive to see an instrument becoming institutionalised in front of your eyes.
For such an infant in instrument terms - BTC is becoming more and more fascinating. If you have not read the year in the life of Bitcoin post, click here.
Go back towards the end of last year and look at the dates on each of these posts.
Read the text on the chart, why we would only go above the old ATH and why we would drop back under 40k quickly becomes apparent later on.
These levels could be calculated as we moved up giving extension levels in un-chartered territory.
With Elliott extensions sat at similar levels.
Look how this played out...
Even more interesting, was that the move started to look like a large scale Wyckoff distribution schematic.
Taking us to the key extensions.
Confirming both the Climax and the EW extensions; in the new found liquidity pocket.
The signs where all there and waiting for the move.
Giving now the logic for the targets to the downside.
Richard Ney angles also seemed to have similar situations formed around the downside target range.
Fast Foreword here and you will see, it's done only what one would have expected it to do.
For Bitcoin and a young instrument - you would not believe how powerful this is.
Just as I titled the post. This is becoming more and more fun!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Bitcoin Trend Analytics May 1st, about to breakoutTurning point: breakup the center and remains above it for 24 hours
Data updates:
38k is no longer a strong support of the range.
Possibilities of downward breakout increase.
BTC has come to a tipping point of breakout in 1-5 days.
If the price remains under the center, it is likely to go down, and vice versa. Now- downward.
Fed’s decision is critical to the direction of BTC .
Read our latest idea of how the Fed’s decision will impact BTC .
Safe trading, pals. Hope it's useful. Comment if you have any ideas and we'd love a discussion.
Madrid Ribbons Supportholding.Bitcoin held its support level at 35K, which allowed this market to try to break the trading range between 35K and 45K to reach levels above 47K. It pierced the 200ma momentarily to go back to its 43K support level where there is a narrow ribbon supporting the price. This is a good signal since this means it is concentrating energy and it could ignite a rally to the upside.
The Bar Evolution indicator shows that the uptrend rally was temporarily stopped (the two red bars at the end of the indicator), however it is holding at the mid channel level, this is support. Worst case scenario it could pierce the channel to the downside and still maintain the uptrend at the support channel line which matches the 37K support level.
"Everything you need to know is right in front of you" -Jesse Livermore
forming a descending triangle patternBitcoin is forming a descending triangle pattern. We can see the rejection at the top of this triangle pattern. In addition, examining the number of buyers 'addresses compared to sellers shows the increase in sellers' power. In the event of a breakdown, the first target will be $ 35,000