Get started

Xbtusdt

Secrets of the 350-Daily Moving Average(350-DMA)🔮Hi, everyone👋. Today I want to tell you the secrets of 350-Daily Moving Average(350-DMA) in the monthly time frame. By reading this post, you might find an approximate target for Bitcoin before the 2024 Halving. First of all, I suggest you read the following two posts, and maybe our strategy puzzles will be completed before the 2024 Halving.🧩 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ 🔮 Secrets of the 350-Daily Moving Average(350-DMA): Between two consecutive Halvings, Bitcoin must go below 350-Daily Moving Average(350-DMA) once. The duration of Bitcoin under the 350-Daily Moving Average(350-DMA) is between 335-396 days (the movement between the two Halvings of 2022 and 2024 is very similar to the movement between the two Halvings of 2012 and 2016). After the monthly candle closes above the 350-Daily Moving Average(350-DMA), Bitcoin has never gone below 350-DMA again before the next Halving. After the monthly candle closes above the 350-Daily Moving Average(350-DMA), Bitcoin starts its growth for a new All Time High(ATH). Due to the similarity of the recent movement of Bitcoin to the movement of Bitcoin between the two Halvings of 2012 and 2016, if we use the Bar Pattern tool, Bitcoin can have a price of about $ 50,000 before the Halving of 2024 . 🎉 In the coming days, I will try to share other secrets with you, and maybe our puzzle will be completed soon. ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Bitcoin Analyze ( BTCUSD ), Monthly 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 be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITSTAMP:BTCUSD
by pejman_zwin
6
Bitcoin - A clear reversal is needed for bullish trendBitcoin is currently trading in the support zone around the $58,000 range. This support level has been tested multiple times and has held strong each time. For the bullish trend to continue, we need to see a clear reversal from this $58,000 zone. However, a breakdown from this support could push the price further down to the $54,000 range. At this moment, it’s uncertain which direction the price will move, but I’m optimistic that it will trend upward since the support has held strong multiple times. Follow our TradingView account for more technical analysis updates. Like, share, and comment with your thoughts. Cheers, GreenCrypto
Long
by GreenCryptoTrades
What's next for bitcoin ?Crypto market had one of the worst days in the history with sudden market crash. From the peak market had crashed 29%, this is the major correction since the halving. This market crash fuelled by the recession fears. 47-48K range acted as a support during this crash and it held strong, looking the current bounce back, i'm assuming this support will hold, if the this support breaks then next target for bitcoin is at the support level around 37-39K. current recovery of the market is showing a strong upward momentum and looking similar to COVID Crash. August and September month is gonna be difficult month for crypto holders, we can expect continued consolidation and and drop while holding 48K range. If the we have a bull run as everyone expecting then it's gonna be starting around October. Let's see how it plays out. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
BTC - A look at 12H chart - Possible bounce back#BTC/USDT #Analysis Description --------------------------------------------------------------- + BTC is presently retracing from the resistance line and moving towards the next support level around 66-67K. + It's reasonable to anticipate a price rebound once it reaches the support level. Such a rebound could provide substantial momentum for breaking out from the resistance line. + We'll consider initiating a long trade once the resistance breakout is confirmed. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 73000 Stop Loss: 64000 ------------------------------ Target 1: 77000 Target 2: 79000 Target 3: 82000 Target 4: 86000 ------------------------------ Timeframe: 12H Capital Risk: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Bitcoin | BTC - Short Trade#BTC/USDT #Analysis Description --------------------------------------------------------------- + BTC is about to breakout from it's support zone, this breakout will push the price of the bitcoin further down. + This will be a good opportunity for us to enter a short trade and make some profits. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price:66857 Stop Loss: 68812 ------------------------------ Target 1: 65650 Target 2: 64839 Target 3: 63505 ------------------------------ Timeframe: 4H Capital Risk: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Short
by VectorAlgo
BITCOIN Bullish UpdateBITCOIN price made a bullish move from $42,800 and is currently close to resistance area around $47K, so after a bullish move as well as price close to resistance, I expect the price to do a little correction before resuming bullish trend, And if bullish pressure is to high price might continue its bullish trend without correction. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BITSTAMP:BTCUSDLong
by Stargazer_fx
3
Bitcoin ended the uptrend and now we are going to new bottomIn this comprehensive analysis, we delve into Bitcoin's current market trajectory, highlighting a potential end to its recent uptrend. Based on the Elliott Wave Theory, we are currently observing a pivotal transition that could redefine Bitcoin's market value in the near term. Our analysis suggests that Bitcoin, currently hovering around the $42,000 - $43,000 range, is on the brink of a significant downturn. We anticipate a sharp decline to levels below $10,000, potentially reaching as low as $6,000. More dramatically, this descent might not halt until Bitcoin hits a staggering low of around $1,000. This price point is projected to be the foundational bottom, setting the stage for an unprecedented bullish wave. This expected downturn is classified as Wave 2 in the context of the Elliott Wave Principle. This phase is crucial as it typically precedes a strong bullish momentum. Our projections indicate that following this dramatic decrease, Bitcoin could enter a rapid and robust Wave 3, soaring to new heights between $130,000 and $150,000. This surge is not just a recovery but a monumental leap, potentially setting new records in the cryptocurrency market. It's important to note that while this analysis is rooted in well-established financial theories and current market trends, investors should approach with caution. The cryptocurrency market is known for its volatility and unpredictability. As such, this analysis should be considered as one of many possible scenarios, and investors should conduct thorough research and consider a variety of factors before making investment decisions. Stay tuned for updates and further insights as we continue to monitor Bitcoin's intriguing market journey.
BITSTAMP:BTCUSDShort
by BREAK-impossible
3
2024 top down analysis for bitcoinzones above zones below. we have just tagged my main bitcoin target at the gp pullback, 3M orderblock and value area high of the ath consolidation. i have several deep zones below and i think we may see a pullback as deep as 25k, if there is overshoot then we could tag the lower ones sub 20k again but it would require significant economical factors to get there. there is every chance we do not lose 30k and bounce above that first however the strongest confluence of support is lower. the halvening is a typically bullish event in crypto so the drive (similar to the etf narrative) could hold prices higher. if we keep above 40k then there is every chance we go for the higher box and reaction dependent maybe an ath, ie "up only, forever" thoughts for a pullback is that there is plenty of liquidity to swipe below + a cooking market with retail hype due to news
by TBTS
Sec will reject all etf bitcoin today.Today marks a critical point for Bitcoin, as the ETF is set to announce their decision on the Bitcoin ETF. There's a strong likelihood that the ETF will be rejected, a decision that could trigger a substantial market reaction. We're potentially looking at a significant price dump, where Bitcoin could plummet to the $3,000 to $1,000 range, and it might even go below $1,000. This drastic decrease, however, presents a unique opportunity. For investors and traders looking to capitalize on market movements, this zone is poised to be an exceptionally lucrative buy zone. The potential for recovery and a surge to new highs is substantial, making it an ideal time for strategic investment decisions. Keep a close eye on market trends and be ready to act as this scenario unfolds. Remember, market dynamics are unpredictable, and it's crucial to approach with caution and do thorough research before making any investment decisions. Stay updated and prepared for a significant shift in the Bitcoin market landscape.
BITSTAMP:BTCUSD
by BREAK-impossible
BITCOIN to continue higher towards $40,000, BITCOIN price made a bullish breakout of the resistance/support area, after a correction if price continues to hold above support I expect the price to move higher towards the next resistance.. I posted this 1hr timeframe short term analysis before Daily time-frame analysis Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Long
by Stargazer_fx
37