Bitcoin and USDT Tether dominanceThere’s a clear negative correlation here, but what I want to emphasize is that when USDT dominance drops to around 1.5-3%, we should be cautious. This indicates a full risk-on environment, which can signal potential trouble ahead. by StockTradingTipsPublished 0
Bullish W-Pattern, possible 1:1 long entry, fear & greed indexThe bullish W-pattern currently forming may allow for a 1:1/1.5 long entry. Yesterday's bearish candle tried to bring the price down again but was strongly won by the bulls. We should see at least one more bullish leg which allows for a long entry. The fear & greed index is about to enter the neutral zone and ihe major US-indexes show increasing risk affinity of investors. Still the resistance at 70-72k, where billions of short liquidations are sitting, remains the upper boundary so I rather expect BTC to go sideways. google: "fear & greed index" by ranxero46Updated 2
Bitcoin massive bullrun incoming!!!If historical patterns serve as a guide, we consistently observe the formation of a rounding bottom pattern on BTC preceding each bull run. Presently, it appears we are on the brink of significant BTC movements this year. Notably, a critical support level indicated on the chart stands at 59k, extrapolated from historical data. The target for the rounding bottom formation is distinctly delineated on the chart. This post will be continuously updated in a timely manner. Do share your insights regarding this pattern.by wesladUpdated 8585907
$btc long , bull run scenarioThe long-term bullish outlook for Bitcoin, based on the chart and technical indicators, looks strong, but let's break it down further by analyzing key factors over an extended timeframe: 1. Fibonacci Extensions and Price Targets: The chart includes long-term Fibonacci extensions with significant price targets up to $107,916, indicating that Bitcoin has room for more upside if it continues to break through major resistance levels. Key Targets: $73,321 (0.5 Fibonacci level) — critical near-term resistance. $80,240, $87,159, and $94,078 — long-term Fibonacci extensions that suggest higher price targets as Bitcoin continues its bullish trajectory. The final long-term target based on this chart could be $107,916 (the -3 level), which represents a massive upside move. 2. Higher Timeframe Trend: Bitcoin has broken out of consolidation patterns seen earlier in the year, and the price is making higher highs and higher lows. This is a classic indication of a long-term bullish trend. The moving averages (EMAs) on the chart suggest a continued upward trend. When shorter-term EMAs stay above longer-term ones, it signals that buyers are in control, and the trend is still strong. 3. Market Structure and Liquidity: The chart shows upside liquidity around $73,321, indicating that Bitcoin may face some resistance around this level. However, if it breaks through, the path to the next resistance levels (such as $80,240 and beyond) looks clear. The zone between $66,402 and $64,171 serves as a strong support area, and a break below this could signal a deeper pullback. However, holding this area strengthens the bullish case. 4. Historical Price Action and Cycles: Historically, Bitcoin has seen large moves post-halving (the next one is in early 2024). If past cycles hold true, the 2024-2025 period could see a sustained bull market, pushing Bitcoin into higher price ranges, consistent with the targets marked on the chart. The bullish structure here aligns with this, showing that Bitcoin is preparing for a significant move higher if macroeconomic factors remain favorable (e.g., increasing institutional adoption, Bitcoin ETFs). 5. Potential Resistance and Retracement Levels: $73,321 (short-term resistance): A potential retracement or consolidation may happen here as Bitcoin approaches this liquidity zone. However, the price might break higher towards $80,000, $87,000, and beyond, especially if institutional inflows continue and market sentiment remains bullish. Conclusion — Long-Term Bullish Outlook: The chart and technical levels point to a long-term bullish case for Bitcoin. The trend is strong, and if the price holds key support levels like $66,402 and $64,171, there is a good chance of seeing higher price levels into 2024-2025. Key resistance levels to watch for profit-taking or consolidation are $73,321, $80,240, and $87,159. Long-term Target: If the market conditions remain favorable, Bitcoin could eventually aim for $100,000+, with final Fibonacci extension targets reaching up to $107,916. Pullbacks to the 64K area could provide good re-entry opportunities for long-term investors, while breakouts above 73K signal further bullish momentum.Longby origami_capital33Published 0
BTC reclaimed key swing high and with that 90k is likely next- past analyses of expecting Bitcoin downside likely wrong as the 65k area was the key level to reclaim - overall descending broadening structure seems ready for a break - hash ribbon buy signal adding additional confluenceLongby MansasumaPublished 0
Bitcoin To $70,000?Bitcoin looks like it wants to go straight to $70,000. The question remains - can it break this key level and make a higher high? The local $66,550 resistance is broken…Longby ScottMelkerPublished 2
BTC. Consider longs but leave some cash for a correction.According to Elliott wave theory, this can be considered an impulse and the presence of divergence is a sign of wave 5. Without Bitcoin, no alts will fly strongly. Therefore, my analysis is based on the main coin in crypto. However, there is a possibility that the divergence is only in wave 3, and the entire impulse is not complete and the growth will continue. Technically, it is better to wait for a correction. If you enter now, you need to be ready for a correction and buy more. Leave the cash for a possible correction anyway. We are not considering the shorts now.Longby JOE007_BitfinexPublished 1
BTC USD UpdateAbsolutely peaceful to trade the BTCUSD pair this year, not going to say that there weren't a handful of sleepless nights, but much easier than to trade shorts previous years. So, here we are now with TP 5 and 6 ahead of us. 70187.53 is the first with not too much resistance under it. Let's get into this liquidity first. If we get a bullback, then we just keep adding to the position. As of now, just enjoying the numbers on the corner of my screen. I'll keep posting if something happens."Longby themarketknightPublished 0
#BTCUSD 1DAYBTC/USD (1D) Analysis: Channel Support and Flag Pattern Pattern: On the daily chart, BTC/USD is currently moving within a descending channel, where the price is finding support near the lower boundary of the channel. Additionally, a flag pattern is forming, indicating consolidation within this bearish move. The channel support has been holding the price in a downward trend, and the flag pattern suggests a continuation of the current direction. Forecast: SELL (Within Channel) For now, BTC/USD remains inside the descending channel, and until there’s a breakout, a sell strategy is favored near the upper boundary of the channel, targeting the lower support zone. If the price approaches the top of the flag or the channel and does not break out, it may offer another selling opportunity. BUY (After Resistance Breakout and Retest) However, if BTC/USD breaks through the upper boundary of the channel and flag, followed by a successful retest of the former resistance as support, this would signal a bullish reversal. At this point, a buy setup would be considered, targeting higher resistance levels with the breakout momentum. Key factors to consider: - Downward momentum within the channel and flag pattern for sell opportunities. - Monitor for a breakout above the channel's resistance for a potential bullish reversal. - Risk management by placing stops above the channel when selling, and below the new support when buying after the breakout.Longby PIPSFIGHTERPublished 7
October 15 Bitcoin Bybit chart analysis Hello 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. Here is the Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. In the case of Bitcoin, there is a very high possibility of sideways movement today. (Bollinger Band downward touch, 2-hour chart MACD dead cross, etc.) Also, please note that the main sections drawn in the real-time strategy have changed. Depending on today's movement, Tomorrow's direction seems to be determined. The strategy was carried out from the purple finger chase purchase, but the movement is in progress as additional candles are created, so please pay attention to the movement of the blue finger. *When the blue finger moves, It is a two-way neutral short -> long switching strategy. 1. $65,850 short position entry section / stop loss price when orange resistance line is broken 2. $64,679 long position switching / stop loss price when green support line is broken Currently, the rebound can be pushed to the 2nd section at the top, and even if the rebound is strong today, it seems difficult to break through the top section. From now on, if it breaks away from the purple parallel line support line, it will be a vertical decline condition. You should pay attention to the final 1+4 section. It would be good to watch from the bottom to the 3rd section. Today, if there are no variables in Nasdaq, it seems likely to move sideways, and depending on the movement, the overall direction will be revealed tomorrow, so please refer to it and operate. Up to this point, I ask that you simply use my analysis article to the extent of use, and I hope that you operate safely with principle trading and stop loss prices. Thank you.by BitCoinGuideUpdated 4
Will Bitcoin collapse during Middle East Conflict ?Today we will give you the bitcoin projection . You saw bitcoin is being traded in a range . Since the conflict in middle east has been escalating so much , people are investing in metal as safe haven .Now comes to the point of crypto currency . I think that assuming the situation the values of crypto may dive down . There are many reasons to be Bullish scenario also ,But war situation Is Different in this case . The area is marked in the chart . I marked the probable rejection zone as "PLEVEL". If we see significant rejection here we can go for sell from here targeting 57k $ . Resistance : 63300,64100,65000 Support : 61000,60000,57200 Shortby AHAD_FXUpdated 3
btcusd h3 best level to buy/hold tp 75 000 usd🔸Hello traders, today let's review 3 hour price chart for BTCUSD . Currently strong sequence of higher lows in progress so expecting more gains in this market into US elections in November. I recommend to focus on accumulating on dips, bulls maintain control next few weeks. 🔸Previously recommended buying low at/near 60 000 usd. trade made money. 🔸Sequence of higher lows defined by 53 000 / 54 500 / 60 000 / next higher low expecting near 62 000 / 63 000 usd. 🔸Recommended strategy bulls: accumulate on dips / wait for shallow pullback and buy low near 62 000 / 63 000 usd. target is 74 / 75 000 usd into early November. get out before US Elections. good luck. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Longby ProjectSyndicatePublished 2323237
Change the trend The uptrend is expected to advance to the specified resistance area, then a reversal is expected to form and the downtrend is expected to begin. Shortby STPFOREXPublished 111
BTC's Accumulation Phase: Identifying Cycles and Support ZonesH ello, BTC has been in accumulation since spring this year. The white dotted lines show the accumulation curves. There are multiple cycles, each with a pump and a dump arm. The cycles might be different in size, but they share the green bottom support zone where large investors prefer to buy. Bitcoin has a bullish cross signal from the MACD indicator at the bottom. However, the current price is far above EMA 20/50/100/200. Thus, a dip might manifest to correct the price per the EMAs. There's a high probability that players will buy the dip, though and the bull run can continue. I wouldn't buy now because of the potential dip and because the price's at the falling trendline resistance. I aim for long positions, but I'd wait for a correction first and closely monitor how the price reacts around the falling resistance. Regards, ElyLongby Elysian_MindPublished 2
BTCUSD - Whereto Next?20SMA - Blue 200SMA - Pink Key Confluence Areas - Grey Lines Resistance & Support - Dashed Green & Red Lines Your interest motivates me. How I see it: The last couple of days, any form of correction was just a daydream. Price currently testing the daily TF trend resistance. Can price do the long awaited "breakout" from here? Or will some kind of correction offer relief to new buyers? Keynote: Price can easily just surge onwards to 70000 + for more liquidity before any correction is even possible. Thank you for your time reading, boosting or following my analysis. I deeply appreciate it.by ANROCPublished 0
BTC: STRONG BULLISH CYCLE!Bitcoin: with a strong price increase cycle of 4-7 years, with a starting point of 17k - 2 years ago. And now, the next 1-2 years of price increases are beginning.Longby tienlucPublished 2