shorting opportunity in btctrendline rejection in daily time frame. and breakdown in 1hour timeframeShortby dranilnh0
October 21 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. Nasdaq is in a stronger downtrend than expected. I was a little nervous while analyzing. Bit is currently in the 1+4 section (a meaningful support line) Tether Dominance is in a short-term uptrend It was a place where I had a lot of concerns. Nasdaq currently looks like it is either in a crash or a downward sideways movement. Bit is a place where I am concerned about the 12-hour chart MACD dead cross It seems that it will be applied importantly depending on the movement today. Overall, I proceeded as safely as possible. *When the blue finger moves, Bidirectional neutral Long->Short switching strategy 1. When the purple finger reaches $68,706.5 at the top Start with a short position / Stop loss when the orange resistance line breaks through 2. Switch to a long position at $67,792.5 -> Check the lower tail of the long position until $67,512 in the first section / Stop loss when the blue support line breaks 3. Switch to a short position at $69,069 / Stop loss at the orange resistance line or proceed autonomously As I roughly explained above, In the case of an immediate decline from the current position and a downward wave after a downward wave, the position may change. *Whether it is a purple finger short->long switching or a long wait in the blue finger, section 1 You should carefully check the real-time movement. It is a sideways market up to the orange resistance line / sky blue support line, but if the orange resistance line is not broken today, the 12-hour chart MACD dead cross pressure may be connected after tomorrow. Depending on the movement of Nasdaq today, if the sky blue support line is damaged or falls downward, please pay attention to the Bottom -> 2 section at the bottom. Up to this point, please use my analysis as a reference only, and I hope you operate safely with the principle of loss cut price. Thank you. by BitCoinGuideUpdated 226
shorting opportunity in btctrendline rejection in daily time frame. and breakdown in 1hour timeframeShortby dranilnh1
The rise in the price of Bitcoin after the U.S. elections...☝️ US #elections and the impact on #Bitcoin If you look at the election date the last 3 times, then each time after the elections, BTC showed explosive #growth for 12-13 months: 🟢 November 2012 - December 2013 🟢 November 2016 - December 2017 🟢 November 2020 - November 2021 🟢 November 2024 - November/December 2025(???) Of course, there are no guarantees that such a scenario will be repeated for Bitcoin now, but if you ask me, I definitely think that something similar will happen again and I bet on it💰 #crypto #Cryptocurency #cyclesLongby Grumlin1
Bitcoin- Chronicle of a Break ForetoldA couple of weeks ago, I raised the question: What if Bitcoin were to remain stuck in a range between 70K and 50K for an extended period? Although this idea seems unimaginable to the bulls—who get frustrated by any statement that isn’t "Bitcoin to the moon"—this scenario is more than just a remote possibility. Recently, Bitcoin hit the 70K zone once again, and from a technical standpoint, it broke out of the flag it had been trading in for over six months. However, to me, this breakout feels more like the "chronicle of a break foretold"—the one we’ve all been expecting, where everyone’s buying, everyone’s making money. Yet, from a fundamental perspective, things aren’t looking as rosy as one might think. Technically, it seems like the price will come back to confirm the breakout. But again, from my point of view, things just seem a bit too simple . So, what if Bitcoin slips back under 65K and continues downward towards the bottom of the range at 50K? Asking for a friend. :)Shortby Mihai_Iacob111130
Correction It is expected that after some fluctuation and correction, we will see the continuation of the downward trend. If the price crosses the previous ceiling range, the downward trend will be canceled and the continuation of the upward trend will be possibleShortby STPFOREX2
Exploring Bitcoin's 4-Year Cycles and Market PatternsThis analysis delves into the recurring 4-year cycles observed in Bitcoin's price history. By focusing on key market patterns, I've identified consistent trends where Bitcoin experiences significant price surges followed by corrections, typically around major events like halvings. Each cycle follows a similar trajectory, starting with accumulation, leading into a parabolic rise, followed by a correction and consolidation phase. This cyclical behavior provides valuable insights into potential future price movements, helping traders make informed decisions based on historical trends. The chart highlights significant peaks and corrections, along with volume trends and momentum indicators, offering a comprehensive view of Bitcoin's long-term behavior. As we approach the next phase in Bitcoin's cycle, this analysis may serve as a useful guide for those looking to navigate the market with a broader perspective.Longby reoxyus228
Bitcoin Bearish Divergence Forming on the Daily Time FrameGood morning, Chill Fam! Bitcoin Bearish Divergence Forming on the Daily Time Frame 1st bearish divergence: -20% drop 2nd bearish divergence: -11% drop 3rd bearish divergence: ??? We could potentially see a 6-8% drop from the $69,500 level. Target/ support : $65,800 - $63,800 In my OPINION.Longby CHILL_TRADER99112
Bitcoin cup and handle breakoutThe cup and handle pattern that's been forming on the Bitcoin chart over the past 4 years looks to be breaking with a potential target around $280kLongby CryptoTradingRoom2
Bitcoin’s Chart Breakout Signals Strong Potential for RallyLooking at Bitcoin’s weekly time frame, the price has broken out of a broadening wedge pattern that has constrained its movement for several months. This breakout is significant, as it removes one of the key technical barriers that had been limiting further price gains. Currently, Bitcoin is retesting the top of this wedge pattern, a move that provides an attractive opportunity to "buy the dip." This technical retest is often seen as a confirmation of the breakout and could offer long-term holders an ideal entry point before Bitcoin begins its journey back toward its all-time high (ATH). If you are already a holder, just relax, keep wait, and the miracle comes!Longby AlgoVesting0
BTC Cycles & TA: 10/22/24Finally, Trading view allowed me to post. I tried to post twice prior and they blocked me, but I think it was because the video was beyond 30min, so I kept this video at 30 and it works. Nothing new, and we have NOT confirmed a breakout, despite what you might see on social media people saying we are going to 100k.... not so fast. check out the charts and watch as there is something very sinister coming as we enter election week in November. 29:54by Majorcycles668
Third wave extension of third wave extensionAs depicted in the chart, Bitcoin is now in wave (ii) of the third wave extension of third wave extension. We should see an upsurge in the price of bitcoin relatively soon. My target price is in the range of 95 K USD, which is labelled as wave 3 before we see a correction to 80 K USD (wave 4). We shall see !Longby brown_maverick0
BITCOIN WAVE IS ON THE MOVETrendlines pinpoint the facts. The curves, despite TA, have their guidance. Connect three candlesticks for confirmation—my true range candlesticks come fully loaded, confirming BITCOINS's direction to ATH. THE BULL MARKET WAS SET TO END ON 12/31/26, The bear market begins on 1/1/27. Longby The_ForexX_MindsetUpdated 8822
BTCUSDJust reading Price Action & Tracking Price... You already know my callout, & it's all playing out PERFECT!!!! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #ScalperTrader #DayTrader #SwingTrader #PositionalTrader #MambaMentality #GodMode #HighLevelTraderShortby TheeSnipeGoat1
BTCUSD - Similar RunsI believe we are experiencing a similar run to the one in 2017. Being at about the upper middle of this run currently. Similar places are in the circles. The red trend line is a possible top point for price. Still bullish. by Bixley3
BITCOIN POTENTIAL BULLBullish Factors: Large Market Capitalization: Bitcoin's high market cap indicates strong investor confidence, especially when compared to other cryptocurrencies. A large market cap often signals potential for price stability and growth. Scarcity and Limited Supply: With a maximum supply of 21 million BTC and a circulating supply close to 19.77 million, Bitcoin's scarcity could drive prices higher as demand increases. The limited supply acts as a deflationary asset, especially attractive in times of fiat currency inflation. High Liquidity: A trading volume of 31.81 billion USD suggests there is significant interest among traders. High liquidity supports upward price movements when market sentiment turns positive. Historical Price: Bitcoin has previously reached an all-time high of 73,794 USD, showing its potential for future gains. Many investors believe that Bitcoin could return to or even surpass these levels if market conditions turn favorable. Bearish Factors: Low Volume/Market Cap Ratio (0.0278): This ratio indicates that only a small portion of the total market cap is actively being traded. If the volume doesn’t increase significantly, it could suggest weak short-term interest, which could be a Bearish signal. High Volatility: Historically, Bitcoin is known for its high price volatility. A sharp drop could occur if negative sentiment arises from global market trends or government regulatory actions. External Pressure (Regulation and Macroeconomic Factors): Strict regulations, especially from major economies, or macroeconomic conditions like rising interest rates could dampen investor sentiment in the short term, leading to Bearish movements. Conclusion: From a fundamental perspective, Bitcoin has Bullish potential in the long term due to its limited supply, high liquidity, and historical price highs. However, in the short term, if the volume-to-market cap ratio doesn’t improve or if external pressures like regulations or economic uncertainty increase, Bitcoin could experience a Bearish phase before potentially resuming its upward trend. Impact of the U.S. Elections and a Potential Trump Victory: The outcome of the U.S. elections, particularly if Donald Trump wins and overhauls the American economic system, could significantly affect Bitcoin’s price trajectory. Regulation and Economic Policy: Potential Deregulation: A Trump administration might lean towards deregulating the financial markets, including a more favorable approach to cryptocurrencies. If regulatory burdens on crypto are relaxed, this could foster a more Bullish environment for Bitcoin, attracting institutional investors and fueling adoption. Tax Reforms and Economic Policies: Trump’s economic policies could include tax reforms that favor investors and corporations, possibly encouraging further investment in alternative assets like Bitcoin as a hedge against traditional financial markets. Inflation and Fiscal Policies: Trump has historically supported policies that increase government spending while lowering taxes. Such policies could lead to higher inflation and potentially a weaker U.S. dollar, making Bitcoin more attractive as a hedge against currency devaluation. This scenario would likely have a Bullish effect on Bitcoin. On the other hand, if Trump’s policies stabilize the economy and reduce inflation concerns, investors may see less need to hedge with Bitcoin, potentially leading to Bearish pressures. Geopolitical and Economic Uncertainty: A Trump presidency could introduce more geopolitical tension and economic uncertainty, particularly with regard to trade relations and international alliances. In periods of uncertainty, Bitcoin is often viewed as a "safe haven" asset, similar to gold. If global uncertainty rises under Trump, Bitcoin could experience increased demand, resulting in Bullish momentum. Conclusion with U.S. Election Influence: The upcoming U.S. elections and the potential for a Trump victory bring additional layers of complexity. If Trump’s policies lead to economic volatility, geopolitical tension, or favorable regulatory conditions for cryptocurrencies, Bitcoin could see strong Bullish momentum. However, if the economic environment becomes more stable and traditional investments regain favor, Bitcoin could face Bearish pressures in the short to medium term. Overall, the political landscape will play a crucial role in shaping Bitcoin’s price movements alongside its existing fundamentals.Longby herrylistonhutapea1
BTCUSD Bullish Continuation Amid Support TestsHello, BITSTAMP:BTCUSD price has found support at the 1W pivot point, while the 1D pivot point has acted as resistance so far. Despite this, the overall outlook remains bullish, suggesting a continuation of the trend. The 1Y-1D trend, confirmed by the 5-200 SMA/EMA, indicates that while we may see further support tests, the long-term bullish momentum is expected to persist. TradeWithTheTrend3344 by TradeWithTheTrend33442
Bitcoin Priced In Silver#Bitcoin looking VERY vulnerable versus #Silver. below 36 week moving average and the cloud support YIKES BELOW THIS by Badcharts116
Golden Cross Set up 2024 Election 50 day moving average closing in on the 200 day in a test for a golden cross. Timing aligning near the USA Presidential Election. Watch for breakout once we cross. Will we trend higher? Longby Stackcitybish222
BITCOIN LONG UNTIL $70,000.00Hi Everyone! I think BITSTAMP:BTCUSD is on the way to touch the $70,000 region again.Longby ChameleonInvestments4
MORNING STAR or BULLISH HARAMI Here I have price action calling the shots. Despite what anyone says including me. We can all sound like liars because here, the charts don’t lie. 123 numbers is a 3 pattern morning star. The first and second candle qualify. If the second candle moves down a little, the morning start can be more bullish but if it remains within price range from the time it closes, then it’s less bullish but will still dominate. 4 and 5 is a two candle pattern. It qualifies as a bullish harami. Second candle must remain green to qualify. In fact second candle must remain green or become green before the daily close closes to qualify for either patterns. There is a possibility for both patterns to qualify at the same time. Wicks qualify bodies qualify. Is this the time for entry, I’d wait until 5pm pt. Check your time zones. Longby The_ForexX_MindsetUpdated 5513
Bitcoin: Support Levels (Main Support Is...)Since we are expecting a drop, let's look at Bitcoin's different support levels based on different high and lows and extraction methods. ➢ In relation to the up-move between 5-August and 21-October, the following levels show up as the most relevant: 1) $56,879 2) $44,311 3) $36,542 ➢ Considering the move starting the 17-August 2023 low, all the way to the high hit in March 2024, this is what we get: 1) $55,041 2) $43,492 3) $35,271 Basically the same numbers... ➢ Moving averages Daily (D) & Weekly (W) timeframes: EMA377 Daily reads —$55,282 EMA55 Weekly reads —$55,567 EMA144 Weekly reads —$43,479 MA200 Weekly reads —$40,402 EMA233 Weekly reads —$36,731 EMA377 Weekly reads —$28,903 ➢ Considering the entire bullish cycle from November 2022 through March 2024, we get the following support levels: 1) $51,477 2) $44,602 3) $37,727 4) $27,938 ➢ Conclusion 👉 The main three support levels are set around 55K, 43K and 36K. These are the main support levels based on several extraction methods. Do you agree? What do you make of these numbers? How far down do you think Bitcoin will go? Leave us a boost and a comment. Thanks a lot for your support. Namaste.Shortby AlanSantana232374