UPDATE: Quite clear! The Biggest Crypto Trap! BTC to the $3169,-UPDATE: Quite clear! The Biggest Crypto Trap! BTC to the $3169,- based on 100% Fib Extension. Worst case 123.60% Fib Extension. Then this could become $1528,-.
BITCOIN trade ideas
Analysis on trade movement
You’re leveraged to the hilt and riding the crypto wave—eyeing those sweet gains, living for the adrenaline rush and peeking at your vision board where you’ve got the lambo cutout for inspo.
But here’s the harsh truth: for every moonshot, there’s a black hole ready to reel in your portfolio. Welcome to the not-so-glamorous side of crypto: risk management. If you don’t have this locked down, you might as well be throwing darts in the dark.
So, how do you stack the odds in your favor and avoid getting rekt? Let’s break down 🤸♂️ the essentials of managing risk in the vast world of crypto like a pro. Grab your notepad, take one more look at the lambo and let’s roll.
BTCUSD BUY NOW 73K INCOMING!!!!!!BTCUSD have been maintaining and respecting the sell side liquidity without taking out the liquidity level am going long from this level with SL 65K Targeting 73k to new highs
JOIN AND ENJOY
TELL US YOUR VIEWS ON THIS..........
BTCUSD RIGHT NOW 30/10/2024 vs 24/02/2024
what we seeing with bitcoin today has the same pattern as what happened in price movements on 02/24/2024 - 02/28/2024 and I think it will end with a doji
charts.mql5.com
SIMPLE PROJECTION OF BTCUSDIt's an observation how it is running in this observation having lack of time projection if you have some idea simply you can get when will it be at projected price.
We still in the bullish zone, do not fear!Still a bullish trend, small pull backs are required, so don't fear the red sticks... embrace them
Is the bitcoin rally over? Am I too late?no. usually bitcoin continues to hit new all time highs when it double tops at resistance and breaks through on higher timeframes like the weekly. the daily may be overbought, but look for this to push toward $79k soon.
short-term 4H extended, weekly resistance, ATH resistanceThe BTCUSD chart is on fire, but the moon is beyond the final boss.
This glass ceiling is very unlikely to crack the first time, perhaps take some off the table
Reload on pullbacks to former levels of supports
BTCUSD can defy all logic and run straight through, just don't see it since massive potential good news is priced in. Could be wrong.
not financial advice
BITCOIN TO 100K!Bitcoin has surged back to $70,000, approaching its all-time high of $73,600, with a strong possibility of breaking through soon. This follows the breakout from a long-term sideways trend that began in March 2024, forming a well-defined bullish continuation flag. The price is expected to extend to $105,000, representing a 61.8% Fibonacci extension of the range between $39,147 and the current all-time high of $52,579.
Bitcoin Is is worth being long much longer ???As we rally into over head I have exited All longs in bitcoin at 71 100 I have stated that we could see as high as 81,100 to 81.600 .But we are now outside the weekly bands and so many want and hope that we are on our way to 100 k But based on the DATA and leveraged longs in the ETF in Calls I some how think that is a signal to EXIT into the up phase based on the seasonal up phase and the promise of a Trump win .
Bitcoin Bullrun & Fib LevelsThe bitcoin bull run has started after 8 month of re-accumulation, we finally start to break out the bull flag. Here some of the most important levels that could have significance in finding a top.
Bitcoin's Bullish Trajectory: Derivatives Markets Signal The cryptocurrency market, particularly Bitcoin, is experiencing a surge in bullish sentiment, driven largely by trends in the derivatives market. Analysts and traders are increasingly optimistic about Bitcoin's potential to reach and even exceed the $80,000 mark before the end of 2024.
The Role of Derivatives Markets
Derivatives markets, which allow investors to speculate on the future price of assets, have been a key indicator of market sentiment. In the case of Bitcoin, derivatives like options and futures contracts provide valuable insights into the expectations of professional traders and institutional investors.
Recent trends in the Bitcoin derivatives market suggest a significant uptick in bullish sentiment. The open interest in Bitcoin futures contracts, which represents the total number of outstanding contracts, has been steadily rising, indicating growing interest from market participants. Additionally, the implied volatility of Bitcoin options, a measure of market uncertainty, has been elevated, suggesting increased expectations for price swings.
The Trump Factor: A Potential Catalyst
A significant catalyst for Bitcoin's bullish run could be the potential election of Donald Trump in the 2024 U.S. presidential election. Trump's pro-business stance and his previous support for cryptocurrencies have led many to believe that a Trump presidency could be positive for the crypto market.
If Trump were to win the election, it could lead to increased regulatory clarity for cryptocurrencies in the U.S., which could attract more institutional investors to the market. Additionally, Trump's policies could stimulate economic growth, which could indirectly benefit Bitcoin and other cryptocurrencies.
Technical Analysis: A Bullish Outlook
Technical analysis of Bitcoin's price chart also supports the bullish outlook. The cryptocurrency has been forming higher highs and higher lows, a classic bullish pattern known as a bullish uptrend. The recent breakout above the $72,000 resistance level has further strengthened the bullish case.
Many analysts are now setting their sights on the $80,000 level, and some are even predicting a six-figure price target for Bitcoin in 2025. If Bitcoin can maintain its current momentum and break above the $80,000 level, it could trigger a significant price rally.
Potential Risks and Challenges
While the bullish outlook for Bitcoin is strong, it is important to acknowledge the potential risks and challenges that could impact the cryptocurrency's price. These include:
• Regulatory Uncertainty: Changes in regulatory policies could negatively impact the cryptocurrency market.
• Market Volatility: The cryptocurrency market is inherently volatile, and sudden price swings can occur.
• Economic Downturn: A global economic downturn could lead to a sell-off in risk assets, including Bitcoin.
Conclusion
The convergence of bullish factors, including the positive sentiment in the derivatives market and the potential impact of a Trump presidency, has created a strong foundation for Bitcoin's continued upward trajectory. While challenges and risks remain, the potential for Bitcoin to reach and exceed the $80,000 mark in 2024 appears increasingly likely.
Investors should conduct thorough research and consider their risk tolerance before investing in Bitcoin or any other cryptocurrency.
Is Bitcoin going under next week? Quite possibly, here is why..
Well they threw the bitcoin-bone to us retail traders about 2 weeks ago on a Sunday when everything in Crypto was coming alive and turning green on our screens.
I get no pleasure in saying, as I'm invested in Solana, Doge, Bitcoin and others, that things at least for Bitcoin may not be so wonderful going forwards for a little while next week. Perhaps Crypto in general holds up until Bitcoin gets its' sh*t together.
What bothers me is the Daily chart below for BTCUSD. 3 different settings for MACD on higher timeframes are bearish with crossing DOWN signals on the daily chart which is where the momentum-action will catch up and be next week, bearish, I think.
Bitcoin, I said a couple of days ago was struggling on the Daily chart. Intraday does not look good on Monday, my guess is that it starts to sell off this weekend. Put some stop losses on your stuff if you don't have them, trailing stops.
See the daily chart for the loss in momentum to the upside on so many fronts for Bitcoin.
Bitcoin BTC Trending to $65,000Bitcoin BTC is on the move. BTC is trending to $65,000. Keep and eye on MSTR, COIN, MARA, IBIT, GBTC, WULF, HOOD, etc...
BITCOIN 70K!?? Hi everyone!
I hope the CAPITALCOM:SILVER exit was not too early!
BTC might go beyond 70k this time, i kinda hope as well. Not fully clear right now.
#btc #btcusd #elliottwave short sell setup 29Oct Wave A/2This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
BTCUSD - Key Bullish Signal?20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Your interest motivates me.
How I see it:
Daily candle body closed above key confluence area.
Will demand/support hold for strong bullish continuation to new ATH's?
Thank you for your time reading, boosting or following my analysis.
I deeply appreciate it.
BITCOIN TODAY - STILL THE KING OF THE CEREMONY (TA+TRADE PLAN)Price Levels and Resistance Zones:
The chart shows several key resistance and support levels marked by blue horizontal lines.
Major Resistance Levels:
$73,654.77
$71,552.73
$69,730.95
Support Levels:
$65,947.27
$60,061.54
$52,774.45
Bitcoin is currently trending upward, with price action near $70,734.95, approaching the resistance zone at $71,552.73.
VMC Cipher B Divergences:
The VMC Cipher B indicator shows bullish momentum with green dots, signaling possible upward continuation.
The RSI and Stochastic lines are also above mid-levels, suggesting continued bullish momentum.
RSI (Relative Strength Index):
RSI (14, close) is at 77.25, indicating overbought conditions. This could mean a possible retracement or consolidation in the short term. However, a strong uptrend may continue if Bitcoin maintains support levels above 70.
Stochastic Oscillator:
Stochastic (14, 1, 3) is also at a high level, around 86.19, indicating overbought conditions. This aligns with the RSI and could signal a need for caution on long positions until the oscillator moves back to a neutral or oversold region.
HMA+ Histogram:
The histogram indicates some bullish divergence, but recent bars are turning red, signaling a potential pullback or pause in momentum. Monitoring this for further bearish signs is essential, especially if it crosses below zero.
Trading Plan
Short-Term Strategy:
Entry: Consider entering a long position on a pullback to support around $69,730.95 if bullish signals persist.
Stop-Loss: Place a stop-loss below the $65,947.27 support level to limit potential downside risk.
Take-Profit: Target $71,552.73 as the primary take-profit level. If momentum remains strong and BTC breaks above $71,552.73, consider holding for $73,654.77.
Medium-Term Strategy:
Entry: Buy on confirmation of a breakout above $71,552.73 with strong volume.
Stop-Loss: A stop-loss slightly below the breakout level at $69,730.95.
Take-Profit: Set a take-profit target around $73,654.77. If Bitcoin breaches this, reassess the position for potential gains towards higher levels.
Risk Management:
Position Sizing: Risk no more than 1-2% of the trading account on each trade.
Trailing Stop: Implement a trailing stop if Bitcoin strongly surpasses $71,552.73, to lock in gains while allowing for additional upside.
Monitoring Indicators:
Keep an eye on RSI and Stochastic Oscillator for any signs of bearish divergence or weakening momentum.
Monitor VMC Cipher B for any shift in green dots to red, which could indicate potential retracement.
Overall Market Sentiment:
Given the current uptrend and approach to resistance, Bitcoin shows bullish sentiment. However, indicators suggest overbought conditions, so caution is advised.
Bitcoin Seeks Support After Drop: 1H Chart Analysis In this 1-hour Bitcoin chart, we see a downward trend that has pushed the price to the $67,000 range, with potential support around $65,000. The exponential moving averages (EMA) at $68,186 and $67,674 are positioned above the current price, signaling continued selling pressure. However, a short-term rebound may occur, with the price possibly reaching around $66,500 before attempting a stronger recovery.
This is not investment advice, and I could be wrong in my analysis.
BTCUSD update 70800We are gaining more strength n confidence BTCUSD is been consilidating for many mouths struggling for directions until today some still believe it's gonna goo to 0.0000 some to 150k which is normal thing according to my view the growth will continue n take smart n calculated risk n hold your trades,this flag represents massive move coming thanks.
BTC ShortRetesting prior ATH, possible up sweep to 72-73K but could possible comeback to 66K. Daily RSI is possibly looking for a retracement along with candle patterns
BTC going up Don't wait to fomo in at 50k ,, "they" will attempt to take your sats before they are ready to make it pump steady .
BTC hodl my beerZero doubt the fed will be forced to start cutting rates second half of this year. Only hard assets will survive. Anything priced vs. BTC will look bad.
