continue sideways, BTC accumulates below 88K💎 BTC PLAN UPDATE (April 18)
The recovery of the D frame shows the optimistic sentiment of the market, believing that in the second quarter of 2025 the market will heat up again. The FED lowers interest rates, the group raises tariffs.
NOTABLE NEWS ABOUT BTC:
Recent trends suggest that Bitcoin ETF sell-offs during price surges often foreshadow significant market pullbacks. Notably, substantial outflows were recorded from BlackRock’s IBIT and Ark Invest’s ARKB ETFs, each losing over $113 million in assets.
Should the sell-off by seasoned U.S. institutional investors persist into Thursday, cautious sentiment may spread to strategic retail and mid-tier traders, deterring them from initiating large bullish positions. This risk-averse stance could help explain Bitcoin’s current stagnation near $84,600, even as top-performing altcoins like Solana outpace it with stronger gains over the past 24 hours.
TECHNICAL VIEW
BTC price needs to surpass 92-93K to enter the next big growth period. However, political instability and tariffs are holding back BTC's breakout. Price will continue to sideway and accumulate around 82-86K
Short time frame, sideway around 84k, slow liquidity.
==> Comments are for reference only. Wish investors successful trading
Shortbtc
$BTC 1DBitcoin has formed a double top on the daily timeframe and failed to break above its resistance level. On the other hand, it couldn't hold its minor support either and has broken the level. I'm waiting for a pullback.
However, the price might show some reactions around the 92 level. If that level is lost, I have identified the next support level based on the weekly structure.
BTC - All the talk and hype has one reason...to lure you in to buying NOW.
Do you really think the big investors are gonna buy at these levels?
I doubt.
First, they lure you in.
Then they throw you over the Cliff and rob your bag of Bitcoin when price is tanking.
Until I see a full bar outside of the U-MLH of the red downsloping Pitchfork, I'm not adding.
But, when it comes down to the red Center-Line, then I'm ready to buy aggressively.
Countertrend Trade BTCUSDTAlthough the trend on a larger timeframe supports upward movement, short sell plays also provide a noteworthy risk-to-reward ratio. Therefore, short trades have larger reward comparing to the long trades at this moment
Trading Strategies;
1) Scale in short at only 30% of the desired positions at this moment/supply zone around 44k-44.5k
2) Move in to 100% of short position at 45k-47k
3) SL if the price goes beyond 48k
Note: Trading against trend is considered as a high risk taking trade. Please ensure to follow the plan and stop loss when required. Most importantly, understand your position sizing and accept the amount of money you can lose before going in on a trade
SHORT TO TIMEZONE, BUY REVERSE TRENDProjected buy entry time line is between 21th April to 15th May 2023
Correction floor is expected between this timezone
Price range to expect a turning point is between 13432 to 16627
Price range must align with projected timeline for a stronger turning point.
So first trade is a sell entry with TP on any of the two projected timelines
Trade 2 is a buy and hold entry with first at 34400.
Use reasonable stoploss according to risk
Swing BTC daily 1D timeframe ₿BTC is in sideway from Feb 16th. We can see red high volume at zone 24785, but today I'm seeing the daily red candle close in valuable range so my plan is going to short it.
My plan is really simple. Price can move down to zone 22884 or 21405
22884 is really a strong support for now.
21405 zone will be the next support for BTC if buyers at 22884 zone could not protect their positions.
Let see how BTC goes :)
Happy trading guys :) B
BTC we are not in bull market.Hello Birdies,
You heard it right! we are not in bull market it is just a relief rally and nothing else.
Finally, BTC is making 3 drive patterns with bearish divergence on every drive.
One final drive is left the high top is 24,387 but that is too obvious right. Wait for a fakeout around 25,200 - 25,250 is a good idea.
Trace it and Trace smart guys!
wait for short on BTChello
the target has been reach.
but consider that dont open any long position .because this is very important support zone and you should not open a long position before break out
so we predect short for BTC and market in this time frame and daliy time frame but we will update when we will be sure of onchain.
good lock
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2 Months Out From a 10k BTCOf course when regulatory uncertainty ramps up... its not going to drive panic stricken altcoin holders towards bitcoin. When the overall outflow of stablecoins doesn't replenish over a period of time, anticipate the floor to fully bottom out. The drop to 10k appears to be gradual, but the 2K plummets or $4K drops in price means the casual volatility could have us testing 10k in a couple of weeks if not a couple of months. I've charted February as a courtesy.... but the downtrend has increased in angle and is approaching faster than anticipated.
The FTX scandal has left a poor impression on the world, and the perception of what crypto is... a lot of people who could have been attracted to market are otherwise discouraged. It just is what it is. SBF did what he did, got out on bail, an SEC chairman resigned ... and the dominoes haven't stopped falling. There isn't any new "retail trader" money entering market. We're going to crabwalk sideways until the riptide pulls us under... I don't see bitcoin as having any catalyst to price increase.
Usually there's some rumor of "mass adoption".... but we're not seeing it. There's nothing in the grape vine too boost a flat bitcoin. To some degree we have to thank Elon for deboosting the entire twitter platform. A lot of shill accounts got vaporized w/ all the bots he deleted. To some extent we could also attribute a weak bitcoin price due to the supression of platform users. Everybody has felt a significant decrease in their interactions on twitter.
It is noted that despite buying twitter for $44 billion ... nothing has been done to improve the "bitcoin" payments feature on the platform. It remains just a tipping feature. There have been no updates about the progress of the "nft marketplace", and or whether that marketplace would accept #bitcoin payments.
NFT Tweet Tiles:
The integration—NFT Tweet Tiles—works with four specific partners: Solana-centric marketplace Magic Eden, multi-platform NFT marketplace protocol Rarible, Flow blockchain creator Dapper Labs, and sports-centric platform Jump.trade. Its only available to select iOs users... only supports Ethereum NFT's... and no information exists on whether users will be able to make/take payments in $BTC
BTCUSDC 15 min chart AnalysisNotice how BTC is ranging nicely. I will be looking to Short BTCUSDC when price reaches 62% of the Fibonacci Retracement which is by $19255. There is a Fair Value Gap around $18900 Price level which is below current price which is a target for the short position.
This is not Financial Advice.