BTCbroken trendline. bullish flag breakout. closing on weekly daily above it. target areas 70/73/75/80
above 80 is fortune.
BTCUSD.PI trade ideas
Bitcoin Forecast for the coming weekBitcoin is experiencing resistance on the weekly trendline causing a slowdown on it's rally completing a five wave move on a lower degree that will serve as a first wave of a potential 3rd wave extension for the miniscule count, market might squeeze some early short positions on current price up to 70k-ish price level and develop the bearish divergence on 4H time frame which then would proceed to a retracement towards 65k-ish levels. Another scenario would be the market pushes it's rally towards 78k - 80k levels without any retracement and from there make a sideways move.
BTCUSD to All-Time Highs? A resurgence of buying interest is being observed, fueled by increasing institutional adoption and renewed interest in digital assets. I’m looking for Bitcoin to continue its upward movement as market confidence grows.
BTCUSD updateAs I said we are in uptrend soo the celling suggestion was invalid simple thing we are following the trend, am going to help alot of people's in their journey just here in tradingview by just following instructions n the trend because I need more winners I will give more sharp entry in small time frames were I usually take my trades,am not going to explain much but am going to bring clear trends to follow n make money not madness 😀 people's see things out here😄😄some people's they smoke shit n draw shit n publish public.
BTCUSD SELL ANALYSIS RISING WEDGE PATTERN Here on btcusd price form rising wedge pattern and about to fall so there is likely it will fall if the price reach level of 60380 so going for SHORT is needed with target profit of 54039 and 47262 . Use money management
The Altcoin Explosion It has been some time since my last post, where I fortunately called the bottom of the bear market to the week, five months prior to its low. It is now my position that, despite the feverish uncertainty around the imminent US elections, saber-rattling from China mobilizing 10,000 troops, the ongoing conflicts in Russia and the Middle East, and the infamous inversion of the 100% accurate recession-calling yield curve, Bitcoin dominance has now peaked. We now have a rare and lucrative opportunity to capitalize on the upcoming altcoin surge.
Global liquidity is starting to tick up. The Fed and other central banks are unwinding interest rates to refinance their untenable debt obligations. Meanwhile, Bitcoin has gone through a seven-month reaccumulation and has formed a classic bull flag.
As a consultant in this space, it is my opinion that we will see a minimum of a $120K Bitcoin price, with projects like Sol, AVAX, IMX, Beam, Superverse, Brett, Destra, Prime, FET, Delysium, Orion, Xborg, ONDO, Kaspa, Near, MOG, and Axelar capturing the largest share of the market gains.
If you have completed my 12-week masterclass in crypto, you will know that geopolitics, monetary theory, technical analysis, and narrative are four of the five pillars of my investment strategy. The only thing left to tell you is that AI, gaming, RWA, meme coins, and Layer 2 are the narratives I am focusing on.
I wish you all the best of luck. Please place your stop losses and sell orders in the very likely event of a black swan. Keep yourselves and those Satoshis safe
btc buy6900, on a strong uptrend, an day high brake, entering off 4h levels showing new higher open potental
Confluence around 290kI am seeing a broadening ending diagonal for BTC, printing a very lengthy W4 currently. To finish the W4, I think another leg is necessary, just simply by analyzing this rather complex sideways move which we have seen for many months. The broadening ending diagonal should then take us up to around 290k. Good luck to us!
4h FVG setup for longsWe are currently at the VAH of this MACRO range. its possible that we devate here and rotate back down inside the value area. I think this would be a very clean setup and would look so good for continuation. I am being cautious at thee range highs for several reasons. Historically we have tagged these VAH and rejected. Is this time different? Maybe Currently i am sidelined looking for some setups. I really like the idea of grabbing the liquidity of the 4h FVG that is seen in the chart. Good luck to all i hope you kill it
Break or Fake?: We'll know soon. I see social media awash with the posts about the BTC breakout.
We are close. Very close to a legit breakout and if it comes, I'll retract a good amount of the ill talk I did on the halving theory (Not all of it, I still think assuming flawless cycles on 2 events is silly) - if I am wrong, I'll change my stance.
However, if this is going to fail we will be into the final baiting of the bulls now.
Ugly stuff if we reject.
And if we reject, then the STF and halving theories fail. A failure of these would probably result in the biggest retail loss of all time.
Lot of people heavily betting this is a fact and not a hypothesis.
back to to 2023October 24, 2023, the setup launched us to unprecedented Bitcoin prices, generating 109% gains in a continuous rise hour after hour for several months. The price is now consolidated at the 60K level and ready to reach 70K and 80K. Could Bitcoin be setting up for an anniversary rally?
BTC, day trade practiceBTC doesn't want to leave its Friday closing price, good day trading practice.
These are all real (not changed after the fact based on patterns and price levels)
I have 1 small long in there (hard to find). This is not a prediction of what might happen the scale is way smaller than my normal trading.
I would say I'm bias short on the 15minute, but on a daily bases, weekly , or monthly I'm neutral hold, not buying the current levels though.
BTC The State NowHere’s a quick market update with a timeline and trend analysis :
- As always, it’s as simple as checking the colors and trends in the graphic.
- We’re currently in a phase of solid consolidation.
- The bull run hasn’t started yet, but in time, BTC is expected to go parabolic, as it usually does.
- The current cycle is taking longer to play out.
- The differences between 2020 and 2024 corrections are clear. Back in 2020, BTC was still maturing, not widely accepted, and impacted by the Covid crisis.
- In 2023, BTC has gained more recognition with ETFs, attracted wealthy investors, and is evolving into a true store of value.
- For these reasons, TheKing may be retracing, but it’s doing so with power and resilience.
- Everyone wants a piece of the cake, which is why Bitcoin's price remains elevated.
Just HODL and you'll be rewarded in the long run.
Happy Tr4Ding
I REALLY LIKE BITCOIN'S STRUCTURE But what we need to see first?As you can see, the beast has awakened in recent days, and the mother of all cryptocurrencies is back. It’s crucial to use Bitcoin’s analysis as a base because it’s the crypto that drives the entire cryptocurrency market in general. So, rest assured, if Bitcoin wakes up, the crypto market will be alive!
The Beast has awakened, and we are very close to $70,000. The key lies in two very important points that I will highlight in yellow on the chart.
Point 1 (P1): VOLUMETRIC CANDLE. The impulse of the volumetric candle that gave the price its bullish strength—these types of candles are the fuel that the price needs to propel itself and reach new highs.
Point 2 (P2): DIVERGENCE. If we look at the two EMAs (8 and 21), they are very extended. I use these EMAs as a reference to confirm there’s strength in the price. Whenever these two EMAs start to widen from each other, it's when the price begins to make a decision and show strength to either continue its trend or maintain momentum.
But hold on! Don’t celebrate just yet.
To reach the All-Time High, we’re likely to see one or two pullbacks first. It all depends on the volatility we’ll see in the coming days.
Our short-term goal is for BTC to reach $70,000, and after hitting that target, we’ll be very close to seeing BTC surpass its all-time high once again.
In my personal opinion, I think the most difficult stage for Bitcoin is not reaching $70,000, but surpassing $71,800 level
Let’s see what the week has in store for us.
Thank you for supporting my analysis.
Bitcoin Price Outlook: Will 2024 Break the $70K Resistance?1. Current Price Momentum
Current Range: The price of Bitcoin is shown at around $68,696 in late 2024, nearing the high from the previous cycle, which peaked at $68,083 in late 2021.
Resistance: There is strong resistance around the $68,000-$70,000 range since it corresponds to the previous all-time high (ATH). Bitcoin is either in the process of breaking through this resistance or could face another pullback.
2. Moving Averages
The 200-day moving average suggests that Bitcoin has been in a long-term uptrend in 2024 after a period of accumulation and consolidation throughout 2022-2023.
If the current price stays above these key moving averages, it suggests continued upward momentum, potentially leading to new highs.
3. Patterns and Market Cycles
The previous cycle saw Bitcoin reach a peak, followed by a long consolidation and decline in 2022. This mirrors typical market cycles where Bitcoin experiences periods of rapid appreciation, followed by corrections and consolidation.
Given that the price has already rebounded to prior highs, we could be in a new bull phase, similar to the one seen in 2020-2021. If Bitcoin follows previous patterns, we could see another significant price rally that might surpass $70,000 in the near term.
4. Key Psychological and Technical Levels
If Bitcoin breaks above the previous ATH of around $68,000-$70,000, the next major psychological target could be $100,000. This is a commonly discussed figure in the crypto space and could attract more buying interest.
On the downside, failure to break this resistance might lead to a retracement back to major support levels, which could be around $50,000 or even lower (based on previous cycles).
5. Historical Patterns
Based on the historical volatility shown in the chart, major price expansions often come after periods of consolidation, and this chart shows Bitcoin moving upwards after a long corrective phase.
If the market repeats similar patterns, a further price increase could be expected.
Summary of Potential Price Predictions:
Bullish Scenario: If Bitcoin breaks the current resistance zone around $68,000-$70,000, we could see a price surge toward $80,000-$100,000 or higher in 2024 or 2025, driven by bullish momentum and renewed market interest.
Bearish Scenario: If Bitcoin fails to maintain this level and faces resistance, a pullback to $50,000-$55,000 could occur before another attempt to move higher.
BTCUSD: Strong Bearish Bias! Sell!
Welcome to our daily BTCUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 68,345.60
Wish you good luck in trading to you all!
The moment of Truth. Analyzing the BTC/USD Weekly Chart: A Cup and Handle Breakout
Understanding the Cup and Handle Pattern:
A cup and handle pattern is a technical analysis chart formation that often signals a bullish reversal. It's characterized by a "U"-shaped base (the cup) and a subsequent consolidation period (the handle) before a breakout.
Bullish Implications:
If a cup and handle pattern is confirmed on the BTC/USD weekly chart, it could indeed be a bullish signal. A breakout above the handle's resistance level can suggest a resumption of the uptrend and a potential target of $120,000 or higher.
Key Factors to Consider:
Confirmation: Ensure the pattern is well-formed, with a clear cup and handle shape. A breakout above the handle's resistance should be accompanied by increased volume for stronger confirmation.
Market Sentiment: While the technical pattern is bullish, it's essential to consider the broader market sentiment. If the overall cryptocurrency market is bearish, the breakout might be short-lived.
Fundamental Analysis: Evaluate fundamental factors that could impact Bitcoin's price, such as regulatory developments, institutional adoption, and economic conditions.
Risk Management: Remember, technical analysis is not foolproof. Set appropriate stop-loss orders to manage your risk in case the breakout fails.
BTCUSD: A High-Probability Trade OpportunityBitcoin is showing a textbook descending triangle pattern, which is typically a bearish formation. However, there are key reasons to believe this setup presents a strong bullish opportunity:
Strong Support Zone: The chart indicates a clear support level around $59,000, which Bitcoin has tested multiple times. The more often a support level is tested without breaking, the stronger it becomes, increasing the likelihood of a bounce.
Bullish Divergence on RSI: The RSI indicator shows bullish divergence, where the price forms lower lows, but the RSI forms higher lows. This often suggests that the selling pressure is weakening and a reversal could be imminent.
Potential Breakout Target: If Bitcoin breaks out from this descending triangle, the target could be the height of the triangle added to the breakout point. This gives a potential upside target of approximately $70,000, providing a favorable risk-to-reward ratio.
Fundamental Strength: The macroeconomic environment is increasingly supportive of Bitcoin, with more institutions adopting it as a hedge against inflation. This fundamental backdrop provides additional confidence in a bullish breakout.
This trade setup combines technical and fundamental factors, making it a compelling opportunity to go long on BTCUSD.
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👋🏽 Hello, everyone!
I decided to start a marathon and increase my capital from 💲3 600 to 💲3 600 000.
I will be trading on sports in a manual format with stop loss and take profit.
⚠️All trade ideas are published with a time delay. If you want to follow the trade in real time, please follow the link to our open copy trading account on Binance.
👉Our account with open trading, and all our other resources at this link:
Bitcoin Top November, 30 2024?Just a thought, are we seeing BTC Top on Nov 30, 2024 around 128K i.e. 1.414 Fib?
BITCOIN_MY FIRST IDEA ON TRADING VIEW, LOOKS SIMPLE BUT CONCRETEWell, I analyze and trade the current flow or what you can also call the current price action, looking at the 1 Week Timeframe you can notice a strong buy, leaving gaps behind to be mitigated or filled, once that is achieved by a pullback, BTCUSD will irresistibly continue the rally to make a new higher high. Sit back and watch or do your own research and join the flow, not minding that it has approached the previous high resistance zone, consider what you would have done if there's no candles to indicate the previous resistance, what would you have done currently considering the latest steady movement, Buy or Sell?
