short term long oppertunityit looks like we have settled for a bit and ready to start moving towards TP 1 in the new cycle I just opened a long position that ,i will be looking to sell between may 7th and may 18th
BEARUSD trade ideas
Would ya look at that, I was right. Successful trade :)It's not by chance that I am able to forecast the future of price action before it happens.
This level of accuracy should not be possible, but it is with thanks to my MTOPS
70k incomminguntil may when JP will cut the interest rates we expect more lows , probably to retast previos ath, maximum capitulation - then we see euphoria trent back to ath
Pretty straightforward, today will determine a lotIf we can break AND CLOSE above resistance here we can move even further up, barring any cruel fakeouts. Firm rejection here and continuation down tomorrow will be very bearish and support short scenarios.
Anyone have any thoughts on this idea?
Bitcoin (BTC/USD) Reversal? Rising Wedge Breakdown Signals Sell! The chart suggests a potential bearish move after a rising wedge pattern breakdown.
Key Observations:
Rising Wedge Breakdown:
BTC formed a rising wedge, which is a bearish reversal pattern.
The price has broken down from this wedge, indicating a potential downtrend.
Support and Resistance Levels:
Resistance Zone: Around $88,188 – $88,792, marked as a key level where selling pressure may increase.
Support Zone: Around $85,368 – $84,226, where buyers may step in.
Target: $81,429 – $81,258, a strong support level where price could drop.
Bearish Setup:
The chart suggests a sell opportunity near resistance, expecting a downward move toward the target zone.
Trading Idea:
Entry: Sell near $88,000 after confirmation.
Target: $81,429 – $81,258 (support zone).
Stop-Loss: Above $89,991 (resistance zone).
This setup suggests Bitcoin could decline further, making it a potential short trade opportunity. However, traders should watch for confirmation and overall market sentiment before executing trades.
BTCUSD: Ready to Soar or Collapse?Hi Traders ! Possible Entries in BTCUSD (1H):
✅ Buy: If the price bounces off the lower line of the smaller ascending channel and breaks above 85,000 with volume. Additional confirmation if the RSI recovers above 60.
❌ Sell: If the price breaks down the smaller ascending channel, especially if it falls below 84,800. Extra confirmation if the RSI crosses below 50.
📢 Disclaimer: Not financial advice. Manage your risk properly.
BTC Major Breakout - Symmetrical TriangleBTC is currently trading in a symmetrical triangle. This pattern is indecisive and has a 50/50 chance of breaking to the upside or downside. Meaning in the coming days or weeks, BTC will have a major breakout.
My guess would be to the downside but honestly, the direction wont be clear until it actually breaks out.
btc sellGiven the resistance levels and the hidden divergence, it returned to the previous support level.
BTC/USD Expected to Rise: A Swing Trading Strategy AnalysisIntroduction
Swing trading is a popular trading approach that aims to capture short- to medium-term price movements in financial markets. For Bitcoin (BTC/USD), traders often rely on key technical indicators such as moving averages, the Relative Strength Index (RSI), Fibonacci retracements, and candlestick patterns to predict price swings. Based on a combination of these indicators, BTC/USD is showing strong signs of an upward move, making it an attractive opportunity for swing traders.
Technical Analysis Supporting BTC/USD’s Upward Move BITSTAMP:BTCUSD
1. Moving Averages Crossovers
One of the fundamental indicators used in swing trading is the moving average crossover strategy. If the short-term moving average (e.g., the 20-day EMA) crosses above a long-term moving average (e.g., the 50-day EMA), it signals bullish momentum.
Recent BTC/USD charts indicate a bullish crossover, suggesting an uptrend is likely to continue.
2. Relative Strength Index (RSI) Confirmation
The RSI measures momentum and identifies overbought or oversold conditions.
If RSI is above 50 and rising, it confirms strength in buying pressure.
If RSI was oversold (below 30) and starts moving upward, it signals a potential reversal.
BTC/USD recently bounced from an oversold region, indicating growing buying interest.
3. Fibonacci Retracement Levels Acting as Support
Swing traders use Fibonacci retracement levels to identify potential support and resistance zones.
BTC/USD recently retraced to the 0.618 Fibonacci level, which often acts as a strong support zone before an upward continuation.
4. Bullish Candlestick Formations
Candlestick patterns help traders predict price direction.
A bullish engulfing candle or hammer near key support levels reinforces an uptrend.
BTC/USD recently printed a bullish engulfing candle, a strong indication that buyers are in control.
5. Increasing Volume and Market Sentiment
Volume analysis is crucial in swing trading.
A rise in volume alongside bullish price action confirms genuine buying interest.
Current BTC/USD trading volume supports an upward movement, reinforcing positive market sentiment.
Fundamental Factors Supporting BTC/USD Upside
Beyond technical analysis, fundamental catalysts are contributing to Bitcoin’s expected rally:
Institutional Adoption: More firms are integrating Bitcoin into their portfolios.
Upcoming Halving Event: Historically, BTC rallies before and after halving cycles.
Macroeconomic Factors: Inflation and fiat currency devaluation increase demand for Bitcoin as a hedge.
Trading Plan for Swing Traders
For traders looking to capitalize on BTC/USD’s expected rise, here’s a suggested plan:
Entry Point: Around the 50-day EMA or Fibonacci support level.
Stop Loss: Below recent swing low to manage risk.
Target Price: Previous resistance levels or recent swing highs.
Trailing Stop: To lock in profits as the price moves upward.
Conclusion
Based on swing trading indicators, BTC/USD is showing strong bullish signals, making it an attractive trade opportunity. However, risk management remains crucial, and traders should continuously monitor market conditions. If BTC continues to hold key support levels while maintaining upward momentum, it could reach higher resistance zones in the near term.
Bitcoin (BTC/USD) Short Trade Setup: Resistance Rejection & TargThis chart is a Bitcoin (BTC/USD) 15-minute price chart from TradingView, showing a potential short trade setup based on technical analysis. Here’s a breakdown of the key elements:
1. Resistance Zone & Short Setup
The purple highlighted area represents a resistance level around $85,358.
Price is consolidating within this resistance zone, suggesting a potential reversal.
The expected scenario involves a price rejection from this resistance, leading to a downward move.
2. Moving Averages
EMA (200, blue line) at $83,433: A long-term trend indicator suggesting a strong support zone.
EMA (30, red line) at $84,657: A short-term trend indicator, currently above the price, indicating a potential bearish setup if the price moves below it.
3. Target & Stop-Loss Le
BTC to 13 million by 2045 ??? according to Michael Saylor Michael Saylor ;
Every bitcoin you don't buy is gonna cost you 13 million dollars:
will that be true? probably not.
but 1 million is gonna come way sooner than most think
BTC - BORING TIME BUT STILL BULLISH (JULY 2024)BTC - BORING TIME BUT STILL BULLISH (JULY 2024)
BTC has been quite dull over the past few months. However, I remain confident that the market is still bullish in the long term. It's just a matter of time, and a bullish phase is likely approaching soon.
BTC - POSSIBLE LONG TERM SCENARIO (JAN 2024)This is my first post in 2024.
BTC - POSSIBLE LONG TERM SCENARIO (JAN 2024)
This is what I see BTC in a big picture at the moment. The lowest I anticipate (if happens) would be 36k. Moreover, BTC can correct when reaches around 48k. The top also can be around 150k in 2025. Let's see what will happen.
BTC, Finished the correction, the first TP is 161%.Finished the correction, the first TP is 161%. BINANCE:BTCUSD
BTCUSD INTRADAY oversold bounce back capped at 88,000Recent price action in Bitcoin (BTCUSD) suggests an oversold bounce, with resistance capping gains at the 88,000 level. The continuation of selling pressure could extend the downside move, with key support levels at 79,000, followed by 76,278 and 74,222.
Alternatively, a confirmed breakout above 91,900, accompanied by a daily close higher, would invalidate the bearish outlook. In this scenario, Bitcoin could target 95,126, with further resistance at 96,415.
Conclusion:
The price remains below pivotal level, with 88,000 acting as a key resistance. Failure to break above this level could reinforce downside risks, while a breakout could shift momentum back in favor of bulls. Traders should watch for confirmation signals before positioning for the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Strategic Levels for BTC If Bitcoin's downtrend continues, the final bottom will likely be somewhere between $63,000 and $55,000.
Bitcoin Monthly Candle close colour patterns since 2011We got the expected RED March close but it was a close thing.
but, this creates better Odds for a continued push to ATH.
We have had only 3 occasions when we had a Green Jan, Red Feb, Red March ( arrows)
2 of those went on to an ATH the following Year !
The other one was entering a Bear Market.
Of the previous 7 RED March Closes, 5 were followed by a Green April
And of those 5, 4 were followed by consecutive Green candles closes for the following Months.
As you can see, April, May and June do have more GREEN closes than Red on average but May and June is near 50/50
It could be said that March Candle close was a "Spinning Top", showing in-balance / indecision in the market. This is possibly driven by Macro events.
We had a similar situation in 2012 and April was Green, as were the following months.
We had 2 other occasions with small Red candle bodies in March, both were Hammer Candles, one inverted, that led to a red April, the other was not and let to a green April.
The March close we just had, had a Long Upper Wick. To me, this shows the BEARS had the upper hand, keeping driving down.
And thats OK, PA needed to reset but we now need a GREEN April
Statistically, April should close Green - We currently have a Score of 8 Green to 5 Red month closes for April.
April seems to have opened GREEN and I hope to see it close that colour though we do need Caution
Because of the Colour sequence over recent months, there are not many comparisons to use.
BTCUSD Potential Breakout and Retest - Key Levels to Watch!
Today, we're diving into the BTCUSD Perpetual Contract on Bybit, examining some intriguing technical setups that could hint at Bitcoin's next big move. Strap in as we navigate through critical support/resistance zones and what the Market Cipher B indicator is telling us.
Technical Analysis:
Current Position:
Price: Bitcoin is currently trading around $82,460.
Immediate Levels: There are several crucial horizontal levels that have shown significant market reactions in the past. Notably, resistance near $88,686 and support around $80,609.
Volume Profile Insights:
The visible range volume profile shows high trading activity around the $83,600 mark, indicating it as the Point of Control (POC). This level could play a pivotal role in upcoming sessions, serving as a stiff resistance or support upon retests.
Market Cipher B Analysis:
The Market Cipher B oscillator is showing increasing momentum, with the most recent wave turning upwards. This could be a precursor to bullish behavior if we see a sustained push above the zero line.
Projected Movements:
The drawn-out price path suggests a potential rally towards the $92,500 area, followed by a significant pullback. Traders should prepare for volatility and use this projected path to set strategic stop-loss and take-profit points.
Strategy:
Long Entry: Consider a long position if Bitcoin breaks and holds above the $83,600 POC. Set stop-loss just below $82,460.
Short Scenario: If Bitcoin fails to sustain above the POC and breaks below $80,609, a short position could be favorable, with a stop-loss set just above the breakout level.
Conclusion: Bitcoin's price is at a crossroads, and the next few days could be crucial for setting the tone in the medium term. Keep an eye on the $83,600 level for significant market decisions and adjust your strategies accordingly.
#Bitcoin #BTCUSD #CryptoTrading #TechnicalAnalysis #MarketCipher
BTC - Bullish after Gap FillBTC is right on trend ~
We had a gap from in the 70K-80K zone we needed to revisit,
BTC finding support nicely,
Trend shows by late summer we're back into the 100Ks and moving up.
Could move a lot faster with gold prices on the rise and global economic outlook poor.
Cheers!
Bitcoin Eyes $84,720 After Key Support ReboundFenzoFx—Bitcoin rebounded from the $81,160 support level and surged past $83,520, forming higher highs. If the price stays above this key support, the bullish momentum could continue.
The next upside targets are $84,720 and $86,340. However, if Bitcoin drops below $81,160, the trend may reverse, potentially falling to $77,850.
BTCUSD-Possible future movementBitcoin is in the 4 wave of the fifth wave of the MAJOR 5th wave...As per Neo waves..4th is correcting and forming a Ending diagonal 4th leg..after which a major 5 violent move up will come..a Rocket move next year...lasting a year probably..So..makes sense to hold or buy on a dip..
BTC Breakout or Breakdown: 83K to 87K or Bust to 73K?BTC’s standing at a fork in the road, and it’s itching to make a move! If it pushes past 83,121, we’re looking at a smooth jump to 84,600—like a quick win you can almost taste. Keep the good vibes going, and 87,000 might just be the big payoff. But hold up—if it stumbles below 81,300, things could get messy. The bears might crash the party, pulling us down to 80K, then 79,900. And if the slide keeps going? We’re talking 74,700, maybe even a rough landing between 73,600 and 73,000.
Kris/Mindbloome Exchange
Trade Smarter Live Better
Bitcoin's Rocky Quarter: Tariffs, Whales, and Volatility Loom
Bitcoin's first quarter of 2025 has concluded with a whimper, marking its worst Q1 performance since the tumultuous bear market of 2018.1 While gold has surged to record highs, fueled by geopolitical tensions and US trade tariffs, Bitcoin has struggled to maintain momentum, leaving traders bracing for potential further volatility. This week’s preview reveals a confluence of factors that could significantly impact Bitcoin's price trajectory.
A Disappointing First Quarter
The initial months of 2025 were anticipated to be a period of growth for Bitcoin, particularly with the anticipation surrounding the halving event. However, the cryptocurrency failed to deliver on these expectations. Instead, it experienced a period of stagnation and even decline, contrasting sharply with the robust performance of traditional safe-haven assets like gold.
Several factors contributed to this underwhelming performance. The escalating trade tensions, particularly the US tariffs, have injected uncertainty into global markets, diverting capital towards established safe-haven assets.
Tariffs and Trade Tensions: A Persistent Headwind
The US imposition of trade tariffs has emerged as a significant headwind for Bitcoin. These tariffs, designed to protect domestic industries, have disrupted global trade flows and created a climate of economic uncertainty.2 Investors, wary of potential market disruptions, have sought refuge in traditional safe-haven assets like gold, which has historically outperformed during periods of economic instability.
The impact of these tariffs extends beyond immediate market reactions. They signal a potential shift towards protectionist policies, which could have long-term implications for global trade and investment flows. Bitcoin, often touted as a decentralized and borderless asset, is particularly vulnerable to disruptions in global trade and capital flows.
Whale Activity and Market Manipulation
Adding to the complexity of the market is the activity of large Bitcoin holders, often referred to as "whales."3 These entities, possessing significant amounts of Bitcoin, can exert considerable influence on market prices through large buy or sell orders. Recent observations suggest increased whale activity, potentially contributing to the volatility and price fluctuations.
Concerns about market manipulation have also resurfaced. The decentralized nature of Bitcoin, while a core strength, also presents challenges in terms of regulation and oversight. This lack of centralized control can create opportunities for manipulation, leading to price swings that are not necessarily reflective of fundamental market dynamics.
Bitcoin Bears Tighten Grip: Where’s the Next Support?
The recent price action indicates that Bitcoin bears are tightening their grip. The failure to sustain upward momentum has emboldened sellers, leading to a downward trend. Traders are now closely monitoring key support levels, anticipating potential further declines.
Identifying these support levels is crucial for understanding the potential trajectory of Bitcoin's price. Technical analysis, using tools like Fibonacci retracement levels and moving averages, can help traders identify potential areas of support where buying pressure may emerge. However, the volatile nature of Bitcoin makes it challenging to predict these levels with certainty.
Gold vs. Bitcoin: A Comparative Analysis
The stark contrast between gold's recent performance and Bitcoin's struggles has reignited the debate about their respective roles as safe-haven assets. Gold, with its long history and established reputation, has benefited from the current climate of uncertainty.
However, Bitcoin proponents argue that its decentralized nature and limited supply make it a superior store of value in the long term. The comparison between the two assets highlights the evolving nature of safe-haven assets and the growing acceptance of digital currencies. The quote "Gold has taken 26 years to 10X. Bitcoin has taken 4 years to 10X" shows the potential for rapid growth, but also its volatility.
Looking Ahead: Volatility and Uncertainty
The coming week promises to be a period of significant volatility for Bitcoin. Traders should brace for potential price swings, driven by a combination of factors, including:
• Continued Trade Tensions: The ongoing trade disputes and potential for further tariffs are likely to continue to impact market sentiment.
• Whale Activity: Large buy or sell orders from whales could trigger significant price fluctuations.
• Regulatory Developments: Any regulatory announcements or policy changes could have a substantial impact on Bitcoin's price.
• Macroeconomic Factors: Inflation data, interest rate decisions, and other macroeconomic indicators will continue to influence investor behavior.
•
In conclusion, Bitcoin's disappointing first quarter has set the stage for a period of heightened volatility. The confluence of trade tensions, whale activity, and market manipulation creates a challenging environment for traders. While the long-term potential of Bitcoin remains a subject of debate, the immediate future is marked by uncertainty and the need for caution.
