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BEARUSDT trade ideas

Bitcoin - If you buy, you can get REKT in 2025! (Insider Info)Bitcoin is forming a historical bearish divergence on the weekly chart. As we can see, the price is making higher highs, while the RSI indicator is making lower highs. Historically, Bitcoin reacts to the divergence very successfully, and a lot of traders use it as a main indicator. Bitcoin can fall to 38k - 44k, so if you buy now, you can experience a massive loss if you are going against the RSI divergence. Best to open a short position, stop loss 81k. This bullish flag looks like a trap for retail traders. Intelligence people know that Bitcoin can have an infinite supply. It's nothing more than a computer program, and it can be modified. And they will give you good reasons to increase Bitcoin supply in the future, such as World War 3. And sheep will say yes, let's print more Bitcoin to end the war. Once Bitcoin becomes the world's digital currency, controlled by the FED as they plan to do so, you will hate Bitcoin. In a previous article, I said that crypto technology is not new and nothing special. This technology was brought to earth by alien entities. Crypto technology is already used on thousands of different planets in the galaxy. In fact, crypto is another version of the fiat money printing system. You probably heard about Greys, Reptilians, and Draconians. When you look at them, you will notice their ugly appearance. Nature hates them; that's why they are very ugly. Their intelligence is extremely low compared to humans, and they take instructions mostly from the AI. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
179
Bitcoin is FAILING! Why is Bitcoin the worst investment.Bitcoin is the worst investment. Where is the lambo? The price of Bitcoin in 2017 was $20,000 and the current price is $68,000 in 2024, so after 7 years, the profit is very poor - only +240%. So where is the lambo and where is the moon all the influencers are talking about? Clearly, you have been scammed. And I am not talking about altcoins, because the majority are down by 95% from their peak and will continue to 99% or to zero (rug pull). Crypto technology is not new and nothing special. This technology was brought to earth by alien entities. Crypto technology is already used on thousands of different planets in the galaxy. In fact, crypto is another version of the fiat money printing system. Where is the moon for Bitcoin? Clearly no where because the moon is a hologram and humans never landed on it. It's a hugs scam by NASA. The landing on the moon was recorded on Earth. It's not possible to physically leave Earth with current technology because the Van Allen radiation belt would burn your body. It's possible with advanced spaceships, but this technology is hidden and intentionally not available. It's also possible to leave Earth after you die or during sleep/meditation in non-physical form. So is Bitcoin bad? Bitcoin is just another form of fiat money. If you like high inflation and money printing, then you can support Bitcoin. Bitcoin is a computer program, and as any program in existence, it can be modified or rewritten. There is no such thing as a fixed supply; they can increase the supply without any issues. Why was Bitcoin brought to earth? It's part of the total control program. First bring electricity to earth, then microchips (computers), then the internet, then blockchain and AI. This technology is completely incompatible with the human body and causes major issues, which you can see around you - almost everyone is ill or has some kind of sickness. Maybe you didn't know that 100 years ago, there was no cancer, no diabetes, no anxiety, no common cold, almost nothing. Why are those alien entities? You probably heard about Greys, Reptilians, Draconians, Mantis, and Insectoids. When you look at them, you will notice their ugly appearance. They are very ugly by nature. Their intelligence is extremely low compared to humans, and they take instructions mostly from the AI. That means they lost control over themselves. You may say that their technology is advanced, but this is a deception. Their technology is based on unsuccessful design and architecture. In core, they are outdated and actually very stupid. What they do is drain your life energy during sleep and use it to feed their AI machines. They also manipulate your dreams, causing nightmares at night, manipulating your thoughts, and causing sleep paralysis. For each like, one alien dies! Hit the like/boost button now. Thanks that you help humanity! Write a comment with your altcoin, and I will make an analysis for you in response.
Short
by Xanrox
161
Bitcoin PREMIUM 7X Capitulation SHORT (Updated) —333% Potential There are several more SHORTs that I want to make public before ending this cycle. A year is a long time, and more pronounced when we are here interacting, communicating and exchanging daily, so it is better to put them all out now. First, let's update the Bitcoin SHORT, which is the main one. The rest you can find by visiting my profile; I will publish those next. I don't want to miss SUI, SEI and Aptos as a public full trade-numbers trade. ➖ Technical analysis Bitcoin is trading below resistance which we consider bearish. Bitcoin produced a long-term double-top, more than 7 months long. The same level that is active now produced a major crash in April 2021, November 2021 and March 2024. This is a very strong resistance level. If resistance is broken, the bearish bias becomes invalid. If resistance holds, the chart setup remains intact and bearish potential strong. Many Altcoins already moved ahead after producing a weak bounce or inverted correction, it is safe to assume that Bitcoin will do the same. Market conditions can change so do your own research and planning. Full PREMIUM trade-numbers below. ____ SHORT BTCUSDT Leverage: 7X Entry levels: 1) $74,000 2) $71,000 3) $68,000 Targets: 1) $65,750 1) $62,000 2) $58,500 3) $54,500 4) $51,000 5) $44,444 6) $39,000 7) $36,500 Stop-loss: Close weekly below $75,000 Potential profits: % Capital allocation: 3% ___ Thanks a lot for your continued support. Leveraged trading is high risk and shouldn't be approached by beginners. The risk of loss is too high. Trade at your own risk. I am not responsible for your actions. I am wishing you the best and I hope you achieve success together with all of your health and financial goals.. Thank you for reading. You are appreciated. Namaste.
Short
by AlanSantana
85
ALT Analysis request for November 2024Dear all, We are thrilled to announce that your special extensive ALTCOIN ANALYSIS REQUEST is now open for the month of November 2024. REQUEST Deadline: November 10TH, 2024. In order to ensure efficiency and accuracy in our analysis, we kindly request each member to submit only ONE (1) Altcoin request. Please follow the format samples provided, such as ETHBTC, ETHUSDT, or ETHUSD, and include the exchange name of the coin. This will greatly streamline our analysis process. Our goal is to provide insights for a maximum of 30 Altcoins based on the requests received. Let's work together to navigate the market and uncover potential opportunities. To get an idea of our previous analyses, you can navigate through our previous alts requests by clicking on the corresponding links below: #JANUARY REQUESTS: #FEBRUARY REQUESTS: #MARCH REQUESTS: #APRIL REQUESTS: #MAY REQUEST: #JUNE REQUEST: #JULY REQUEST: #AUGUST REQUEST: #SEPTEMBER REQUEST: #OCTOBER REQUEST: We deeply appreciate your ongoing support, which is incredibly valuable to us. Take the time to review all our analyses, share your comments, and don't forget to click the like button as you go through them. Thank you to everyone for your continued support. You can trust us to always give our best. Best regards. WESLAD
Education
by weslad
69
BITCOIN new ATH soon Hello and greetings to all the crypto enthusiasts, ✌ The previous two analyses regarding Bitcoin have achieved their upward targets, and in this analysis, we will summarize Bitcoin's movement in the relevant time frame. 💣🚀 In the last few days, we’ve seen an impressive surge as the price has not only shattered its all-time high (ATH) but has also broken through multiple significant resistance levels. At this moment, we have a powerful support level and a solid trendline in place, both of which are pivotal for our trajectory. 📚✨ I’m very optimistic that these key factors will drive substantial growth, positioning us to reach a new ATH in the near future. The potential for upward momentum is strong, and I’m excited to see where this journey takes us! 📚🙌 🧨 Our team's main opinion is The price has recently surpassed its all-time high (ATH) and several key resistance levels, supported by a strong trendline and support level. This sets the stage for significant growth and the potential for a new ATH in the near future. 🧨 To enhance your understanding, I’ve summarized the key takeaways at the bottom of the chart for your convenience. I hope you find this analysis insightful and beneficial. ✌🎉 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
34
Bitcoin will trap everyone! 78k then 20% crash! (must see)Bitcoin is currently very bullish; that's clearly visible and soon will hit a new all time high. That's exactly the point where a lot of people will start buying with the belief of going to 100k - 130k. But you may know that Bitcoin is under extreme manipulation by BlackRock and other institutions. This is not a stock market, so they will not let Bitcoin go up, and instead they will trigger a massive crash back to 63k. Nobody likes Blackrock, but it's how it is. So what is the plan? First, I expect Bitcoin to go up and reach 78k. Then, when everyone buys, the price will crash to 63k. Do not forget that we also need to see a successful retest of the bullish flag. There is no retest yet. Bitcoin needs to confirm this uptrend, so do not FOMO in. I have been bullish since 60k or so, and I predicted the majority of Bitcoin movements in past months. Why is 63k important? We have a 200 daily moving average and FVG (Fair Value GAP) around this level. Also, the RSI indicator is starting to be overbought; you want to buy low when everyone is bearish. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
160
Will Bitcoin Resume Higher Now?There are two ways to answer this question, we can consider the chart and look at the numbers or we can make assumptions. Bitcoin produced a strong rejection right below the All-Time High. Bitcoin (BTCUSDT) produced six consecutive days closing red. Something never seen before. After such continued bearish action, some relief is possible and necessary, this is what we are seeing today. Based on the numbers, as long as Bitcoin trades weekly below 70,000, the bearish bias remains intact. Say Bitcoin moves today or tomorrow above 70,000, are we bullish? Not yet. It would need to close the week above this level for the bullish potential to be confirmed and then a weekly close above 74,000 is needed to confirm a bullish bias. Any trading below these levels and the bearish potential remains intact. It can happen that Bitcoin moves above 70,000 for a few days just to comeback crashing down. But this already happened last week. Here we can see resistance clearly depicted on the chart, so we expect lower prices. Selling started to happen as soon as Bitcoin moved above 70K today. If we look at ETHUSDT on the daily timeframe, we can see that this is not a bullish reversal but instead a small relief. The market never moves straight down nor straight up, it fluctuates between green and red. Expect lower prices. The correction is not over. Thank you for reading. Namaste.
Short
by AlanSantana
25
Bitcoin Roadmap==>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) touched the 🎯 Targets 🎯 as I expected in the previous post ✅. Bitcoin started to rise well from the Support zone($67,620-$67,000) and the Support line again ( the start was accompanied by good momentum ). Regarding Elliott's wave theory , wave 5 seems to be completed . I expect Bitcoin to rise to at least the Support zone after breaking the Resistance lines . ⚠️Note: The American elections and the tension between Iran and Israel can easily change the scenarios of Bitcoin: if the tension between Iran and Israel increases, we can see the fall of Bitcoin, and if Donald Trump does not succeed in the US presidential election, we can see the fall of Bitcoin. And vice versa.⚠️ Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
15
Bitcoin showing off its PotentialsHey everyone, I’ve put together this comprehensive BTC market analysis for those eager to understand the likely progression following the recent market surge. This deep dive will cover the full expectations for the extended leg of wave 5, breaking down each subwave for clarity. Let's dive in! This analysis explores the anticipated trajectory of wave 5 and its complex subwave structure, illustrating each phase in a simple, clear manner. Starting off, wave 5 itself is composed of multiple subwaves. We can observe that the initial wave under wave 5 (wave (i)) developed within a rising wedge pattern, which is clearly displayed on the chart. After the breakdown from this rising wedge, wave (ii) followed, marking a corrective move. Next, wave (iii) of 5 began, characterized by a bullish flag and pole formation. This bullish momentum aims to drive BTC to a targeted area of around $78K–$80K, which is expected to serve as the completion of wave (iii) of 5. At this level, we anticipate the onset of wave (iv) of 5. The provided chart is structured to make these movements easy to follow and understand, even if you’re new to Elliott Wave theory. If you’ve been tracking our recent BTC updates, this latest surge should come as no surprise. In fact, some of our prior analyses have accurately predicted this market move. Here are some of the relevant past analyses for reference: Mid-Term Road Map for Bitcoin: This chart outlines the possible mid-term roadmap for BTC, providing a structured view of the anticipated trend. BTC’s Broadening Wedge Formation: This analysis simplifies BTC’s recent moves, showcasing a descending broadening wedge formation. Here, I emphasized that BTC is not in a bearish phase, offering insights into the underlying strength of the current trend. Bitcoin’s Bullish Potential: This final analysis provided an early signal of the impending bull run, highlighting the structure and technical indicators that pointed toward the current bullish momentum. Each of these analyses has contributed valuable insights into BTC’s recent trajectory, aligning well with the current market performance. We’ll continue to monitor BTC’s movements closely, with an eye on wave (iii) of 5 reaching its final target before transitioning to wave (iv). Stay tuned, and feel free to share your thoughts on our outlook!
Long
by weslad
21
Bitcoin is Ready for Correction==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in an ascending channel in the 15-minute time frame, and we can also see another ascending channel in the 1-hour time frame . Currently, Bitcoin is moving near the upper line of the ascending channel(Big) and Potential Reversal Zone(PRZ) . According to Elliott's wave theory , Bitcoin seems to be completing the main wave 5 . I expect Bitcoin to decline to at least the Support zone($75,400-$75,000) and the lower line of the ascending channel(Small) after the completion of the main wave 5 . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
22
Bitcoin Trading Made Easy: Where To Buy & Where To Sell!Sell All Your Bitcoins & Buy Back Lower (Easy Money!) The best time to sell is now. At the All-Time High, at the highest price possible; but, if you sell now you would be considered a genius. What's wrong with being considered a genius? There is nothing wrong with that. Are you not a genius? Ok, maybe you are not a genius but surely you are smart. The best time to sell is when prices are high. The best time to buy is when prices are low. The last best opportunity to sell was in March, the best opportunity to sell is now in November 2024. Disclaimer: This is financial advice. That's it, I said it. So if you make any money following this advice I want a 90% cut out your profits. If you cannot pay this fee, then this is not financial advice. Ok? Ok great. Back to Bitcoin. The current rise is coming to an end and we are about to experience a drop. Trading volume is very low here. The next support level is set around MA200 which sits at $40,000. It will move lower on a wick. Confirmation comes from the Altcoins market; most of the Altcoins are weak. When Bitcoin grows, is growing and is set to continue to grow, all the Altcoins tend to boom super-strong. The fact that the Altcoins are crashing and continue low, means that this is a market shakeout, the final bull-trap before a major drop. You've been warned. I love you! Thanks a lot for your continued support. Namaste.
Short
by AlanSantana
22
BTC Poised for a Breakout: Will Bulls or Bears Take Control?hello guys. let's analyze BTC Ascending Channel: BTC is trending within an upward channel, with a broken resistance line acting as support, indicating a bullish trend. Scenarios Outlined: Scenario 1 (Bullish): BTC could continue its upward movement, aiming for $74,000 and potentially $76,000 if momentum holds. This scenario suggests a strong rally after breaking through resistance levels. Scenario 2 (Pullback): BTC may pull back to retest the $66,000–$67,000 range, which would be a healthy correction within the trend. This level could provide a solid support base before the next upward move. Key Support and Resistance Zones: Support Zone: Around $66,000, where Scenario 2 will likely play out if a correction occurs. Resistance Zone: Between $74,000 and $76,000, a potential target for a bullish continuation. In summary, BTC is currently at a decision point. A breakout above the $74,000–$76,000 zone could lead to a sustained rally, while a retest of the $66,000 support could provide a better entry for bulls. Watch closely for price action at these levels!
by melikatrader94
17
What Happened Thanks To Elections Bitcoin recently hit a new all-time high after the election of pro-crypto President Donald Trump. This surge followed a period of volatility and market anticipation around the election. On October 31st, Bitcoin showed signs of weakness after a pre-election price spike, moving down toward a CME gap. This gap, a price difference created between CME’s Friday close and Sunday open, often acts as a magnet for price movement since Bitcoin trades continuously, unlike traditional markets. As expected, Bitcoin filled this CME gap by November 4th and formed a hammer candle pattern, typically suggesting a potential price reversal and momentum shift. In the days leading up to the election, buyers began taking control around the 100 EMA (gray line), signaling potential upward movement. This initial buying pressure hinted at a bullish outlook, likely tied to expectations surrounding Trump’s favorable stance toward cryptocurrency. Finally, on November 5th, after Trump’s win was confirmed, Bitcoin’s price saw a significant jump, reaching a new all-time high. This response reflected strong market optimism about potential crypto-friendly policies and added momentum for Bitcoin as a favored asset among investors. Swallow Team
Education
by SwallowPremium
4
Bitcoin Roadmap!!!(New ATH)Bitcoin( BINANCE:BTCUSDT ) started pumping after it was almost certain that Donald Trump was the future president of the United States because Donald Trump announced his support for cryptocurrency during the last year . In terms of Classic Technical Analysis , Bitcoin started pumping with the help of the Descending Broadening Wedge Pattern . ( Educational ). Bitcoin has already managed to break the Heavy Resistance zone($73,900-$70,900) , but it has entered an important Potential Reversal Zone(PRZ) ; we have to see how long it can continue. According to the Elliott wave theory , Bitcoin succeeded in completing the Double Three Correction(WXY) and is currently completing wave 4 . I expect Bitcoin to start rising again from one of the Targets I have identified on the chart and at least rise to the upper line of the ascending channel . It probably needs Bitcoin correction to create another New All-Time High(ATH) . ⚠️If Bitcoin goes below the Heavy Resistance zone($73,900-$70,900), we should expect more dumps.⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Long
by pejman_zwin
15
The Elections Effect Is Over: Back To Basics, Bitcoin 2024In 2017, Bitcoin peaked at $20,000. In 2021, Bitcoin peaked at $69,000. That's a 245% difference. In 2017 the ATH happened late in the year, December. In 2021 it happened in November, also late. In 2024 Bitcoin peaked first at $73,000. Currently, Bitcoin is peaking at $77,000. From $69,000 to $77,000, that's a 11.5% difference. Are you following me? After the 2017 ATH, the bear-market bottom was hit in December 2018, late in the year. After the November 2021 All-Time High, the bear-market bottom was hit in November 2022, late in the year. The next All-Time High will happen in 2025, four years away from 2021. From $69,000 to $180,000, that's a 161% difference, or, from $69,000 to $220,000, that's 219%. This is more in tune with Bitcoin and a new All-Time High. Tops and bottoms, every single time, late in the year. After 8 months, March through November 2024, Bitcoin trades almost at the same price, only 4% higher. Tops and bottoms, late in the year. Ok. The market is strong. Let's say Bitcoin hits bottom around 40K, 35/36K on a wick, and then we see sustained long-term growth. Everybody is happy because Trump won. Trump is in favor of Crypto and we are Crypto, we love Crypto and we love Bitcoin and so we love Trump. It would be awesome to have a market where we are not harassed by the SEC, this is sure to turn into a positive. But the elections excitement is coming to an end, it seems it lasted only 4 days. Tell me in the comments, what is your take? A move that is news generated, cannot last a long-term. Long-term moves are based on fundamental developments and the market cycle. News generated moves tend to be short lived. After 8 months, we still have a double-top, the exact same as 2021. So, what do you say, is Bitcoin going to move straight up, or is a correction coming next? Thank you for reading. Namaste.
Short
by AlanSantana
13
Bitcoin Falling Again==>>Short-term!!!Bitcoin ( BINANCE:BTCUSDT ) is currently moving near the Resistance lines and in the Resistance zone($69,580-$68,800) . Regarding Elliott's wave theory , it seems that Bitcoin is still completing Corrective Waves . The Structure of Correction Waves looks like Double Three Correction(WXY) . I expect Bitcoin to Go Down at least Cumulative Long Liquidation Leverage after breaking the Uptrend line . ⚠️Note: We can expect more pumps if Bitcoin can break the Resistance zone($69,580-$68,800) .⚠️ ⚠️Note: The American elections and the tension between Iran and Israel can easily change the scenarios of Bitcoin: if the tension between Iran and Israel increases, we can see the fall of Bitcoin, and if Donald Trump does not succeed in the US presidential election, we can see the fall of Bitcoin. And vice versa.⚠️ Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
19
Bitcoin New All-Time High After Capitulation EventTo keep it simple, we just need to deduct 50% from an average price tag of around $72,000, this would put Bitcoin at around $36,000 on this major crash. This same level matches EMA55 on the monthly timeframe. This would be remembered as Bitcoin's 2024 capitulation event. What happens after the capitulation event? Sustained long-term growth. A new 100K target is a very easy for Bitcoin but should be hit in 2025, not 2024. A new All-Time High in 2025 will take prices beyond $150,000 or $180,000... Prepare for long-term growth. Thank you for reading. Your support is appreciated. Namaste.
Long
by AlanSantana
11
Bitcoin will fall to 40KBitcoin just touched the $70,000 resistance and it even moved above the 29-July peak price which sits at $70,050. Does this means that $100,000 is now guaranteed? What happens now? Moving above 70,000 is definitely a major milestone and a bullish development but we would need confirmation first. It can happen that Bitcoin pierces above this level today, moves up for a few days and comes crashing back down so we wait for confirmation. ➢ Today is a Monday and the week is just getting started. If Bitcoin can stay above $70,000 by the end of the week, we can say that this resistance level has been conquered and we have a higher high and the first one in three months. ➢ If Bitcoin moves a little while above $70,000 but then move back down, we would say we have a failed breakout or bull-trap and this would give further strength to the bearish case. We see a wick above 70,000 but trading volume is still low. Wait for confirmation... Since the month is ending this week, we can look for both a weekly and monthly close above 70,000/71,000 to get a bullish confirmation. If Bitcoin fails to stay above this level, it means that the current rise is part of the previous inverted correction. There is still resistance at $72,000 (7-June) and ~$74,000 (14-March).
by TheBraveGirl
23
BITCOIN → Is the $100K target becoming more and more realistic? BINANCE:BTCUSD is in the bull run phase and updating highs due to the excitement of the US presidential election. After 8 months, there are finally reasons for the price to come out of the prolonged accumulation. Now the distribution. BTC has one bullish driver after another as it approaches ATH: Trump's victory in the US presidential election. Then the second 0.25% Fed rate cut in this cycle Discussions about BTC as a strategic reserve. Next is the SEC. Trump promised to get rid of the head of the SEC, so the choice will be made in favor of a more loyal to cryptocurrencies person. In general, the fundamental background for cryptocurrencies is very bullish, altcoins may finally go straight to the moon. Technically, bitcoin has a key resistance of 76900 at the moment, as well as key support zones, which is worth paying attention to as the price has been forming a local accumulation for two days. Accordingly, the move may continue in the near term. Resistance levels: 76900 Support levels: 75650, 74560, 73550 The price is squeezing in front of the resistance, which may lead to a breakout. But, the liquidity is decreasing on the weekend, which may lead to a small correction, for example, to 75650 or other areas lower on the chart. We can't talk about any selling now, the reason is obvious, so we are looking for strong resistance levels (to continue the movement), or strong support levels (to bounce with the purpose of buying). The target of 100K is becoming more and more real ;) Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
Long
by RLinda
24
Bitcoin Faces Rejection at Resistance: Short-Term Downsidehello guys. Failed Breakout: Bitcoin attempted to break above the resistance zone around $69,400–$69,600 but was unable to sustain the move, indicating a potential lack of buying strength at these levels. Broken Trendline: The price has already broken below a key ascending trendline, reinforcing the bearish bias in the short term. Bearish Zone: The shaded pink area represents a strong resistance zone, which Bitcoin struggled to overcome. Sellers defended this zone effectively. Potential Downside Target: With the rejection at resistance, the price may head toward the support area around $67,963–$67,934, as indicated by the green zone. Lower High Formation: The lower high structure suggests that the trend could continue downward if the current pattern holds.
Short
by melikatrader94
12
Bitcoin 100K Just Around The Corner Based On Elections Results Here is BTCUSDT (Bitcoin) on the weekly timeframe. The last session produced a candle with an long upper shadow/wick; the action is now happening below the 29-July price high (70,000), also below 11-March (73,787). Good morning my fellow Cryptocurrency trader, how are you feeling today? The week as it is now is definitely bearish. Closing below 70,000 would produce an inverted hammer. The hammer is a reversal signal and what would be reversed is the recent bullish wave. The week is not over though it closes tomorrow. We have one major upcoming event as the United States of America presidential elections, this is happening on the 5th of November, what will be the result? Whatever the result, this event is very likely to be leveraged by professional traders, whales and exchanges; one final shakeout move. ➢ If Bitcoin is set to grow, we will see a bearish trap. ➢ If Bitcoin is set to drop, we will see a bullish trap. It always tends to work in reverse. Who is going to win the elections? The candidate that is more favorable toward the Cryptocurrency market will win for obvious reasons; Crypto is the future of money and our societies, civilization and culture revolves around money. The volatility that will develop can create some confusion. Excitement can lead to mistakes. How to stay sane or avoid making mistakes? Focus on the price; Below 70K and the last All-Time High, the bearish bias remains intact and active. If Bitcoin moves above 70K and the last ATH, wait for confirmation on the weekly session. Say it moves above on Monday, Tuesday or Wednesday, just as it did this week, wait for confirmation because it can happen that it moves above for a few days just to come crashing back down. If it stays above, you have your bullish confirmation. How to stay sane? Zoomout, detach, focus on the long-term. Don't play the volatility and look around, what the rest of the market is doing? How are the other pairs/projects setup? Do you see major bottoms being drawn all across or major tops? If you see major bottoms, the logical move is a bullish wave. If you are seeing tops, peaks, rounded tops and break below support, the next move is likely to be one final bearish impulse before the correction ends. Focus on the price and everything is easy. The chart is now in a doubt zone but below resistance not above. This can be used either to confuse people or the market is revealing already the next move. Current session is pointing down. Thanks a lot for your continued support. Namaste.
Long
by AlanSantana
8
Bitcoin Roadmap==>>Correction SignsBitcoin ( BINANCE:BTCUSDT )is moving near the Upper line of the Ascending Channel and Potential Reversal Zone(PRZ) , which acts as a Resistance line . According to the Elliott wave theory , Bitcoin has completed main wave 5 with the help of Ending Diagonal , and we should wait for Corrective Waves . Note ( Education ): The Ending Diagonal is the Rising Wedge Pattern in terms of Classic Technical Analysis . Also, Regular Divergence(RD-) between Consecutive Peaks in MACD and RSI and Volume Indicators . Note : Since trading volume is usually low on Saturdays and Sundays , we can expect the main corrective movement to happen at the beginning of the next week . I expect Bitcoin to have a corrective trend in the coming week , considering that there are attractive volumes for liquidating long positions at lower prices , as well as the technical analysis that I talked about above. Of course, from November 13 to November 15, important indexes will be released from the USA(Core CPI m/m, CPI m/m, CPI y/y, Core PPI m/m, PPI m/m, Unemployment Claims, Core Retail Sales m/m, Retail Sales m/m) , which can impact Bitcoin's main trend . ⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
17
Bitcoin Bullish Bias Confirmed (Altcoins Market Update)Bitcoin is now trading at a new All-Time High and above all resistance. All resistance levels in the past will are now support. With the weekly close tomorrow above 75,000$, the bullish bias is fully confirmed. We are in the bullish zone. With Bitcoin ultra-bullish, the Altcoins can also grow! We have two main levels to look for to sustain and maintain a bullish bias: 1) $69,000. The November 2021 All-Time High. 2) ~$65,000. April's 2021 peak price. 👉 As long as Bitcoin trades/moves above these levels, we are bullish and expect sustained, long-term growth. With a bullish Bitcoin, the Altcoins will also grow. 👉 We are no longer bearish on Bitcoin and the bearish bias and potential has been fully canceled; invalidated. Confirmation is needed on the weekly session close (tomorrow), but with billions and billions of USDT and USDC being minted in the past few days, we know the whales are buying; up we go next. 👉 We are now bullish on Bitcoin and the rest of the Cryptocurrency market. We will focus on 2025 and new All-Time Highs. Thanks a lot for your continued support. You are appreciated. Namaste.
Long
by AlanSantana
13