BTCUSD.PI trade ideas
Approaching W1 Possible Consolidation ZoneWhen I view W1 chart, what I can see if possibility of big consolidation zone. One of this zone can be long term entry. If price hit sell zone first, then there is possibility that price can go down until buy zone. And if price hit buy zone first, then there is possibility the price can go up until sell zone. In the zone also there is possibility for consolidation. So you might want to hold and buy low or sell high in the buy/sell zone. What do you think?
BTC Market Cycle Alert: Is a 14-Month Bear Market Ahead?Hello everyone, welcome back!Today, I want to take you through an in-depth look at BTC's market cycle based on our cyclical analysis, which has shown some remarkably consistent patterns over the past few years.
In the analysis of Bitcoin's historical trends, we can observe a repeating cycle: a 15-month bullish phase, followed by a 7-month neutral or consolidative phase, and then a 14-month bearish phase. This cycle has held true across several past cycles, and the data suggests a clear pattern of shifts in sentiment and market direction. Let’s break this down:
1---The 15-Month Bullish Phase
Over the last 15 months, Bitcoin experienced a steady upward trend, aligning well with our cyclical analysis that predicted this bullish phase. During this period, we saw increased investor interest, strong price action, and substantial buying pressure that pushed BTC prices higher. This phase typically reflects optimism and adoption, drawing new investors into the market.
2---The 7-Month Neutral Phase
After completing the bullish run, BTC entered a 7-month period of consolidation. During this phase, prices tended to stabilize, with minor fluctuations but without a clear directional movement. This neutral phase often represents a market recalibration, where buyers and sellers reach a temporary equilibrium, and the market takes a breather.
3---The 14-Month Bearish Phase
Now, according to our cyclical analysis, BTC appears ready to enter the next 14-month bearish phase. Historically, this phase tends to see lower prices, as market sentiment shifts and bearish pressures take hold. During these periods, Bitcoin has shown a pattern of gradual declines, with some sharp pullbacks as investors become more cautious, and the market enters a period of correction.
This anticipated bearish phase aligns with broader cyclical data and could be influenced by various macroeconomic factors like USA Presidential Elections, tightening monetary policies, regulatory changes, or shifts in investor sentiment.
In summary, if BTC continues to follow this cycle, we may see a prolonged bearish phase unfold over the next year or so. Staying informed and preparing for market changes can help navigate these potential shifts more effectively.
If you found this analysis helpful, don’t forget to support my idea and hit follow for more updates on BTC, gold, US100, US30 and other key markets.
BTCUSD: Local Correction Ahead! 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 68,452$
Wish you good luck in trading to you all!
BITCOIN BULLISH BIAS|LONG|
✅BITCOIN is going down now
But a strong support level is ahead at 66,000$
Thus I am expecting a rebound
And a move up towards the target at 71,000$
LONG🚀
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BTCUSD: Long Signal with Entry/SL/TP
BTCUSD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long BTCUSD
Entry Point - 67612
Stop Loss - 66366
Take Profit - 70099
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
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 .
Election week scenario #3This is the max pain scenario for all of the Long traders who followed in at the top last week. I expect major volatility going into and during the election, as well as the inevitable recount that will likely cause a major dump down to the lower untapped support levels around 60 K perhaps even lower.
Everyone confusing BTCUSD chart In this scenario i think we must wait US Presidential Election
Maybe everyone waiting that big event - otherwise BTC made a new HH already .
My opinion BTC will hit $64.500 zone before the BIG STORM
Just wait and trade in when market be calm
Election scenario 1BTC holds the point of control and daily support level before rebounding up to all-time high
#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.
Election week scenario 2 BTC loses the point of control, but holds the anchored view up from the swing low and weekly support level, followed by moved to all-time high
FORExX_WHALE VOLUME SNIPER! What do you see? Here is a quick glance. Despite other confirmations, here is my WHALE VOLUME SNIPER: what do you see?
This is why I said, this is a FAKE-OUT. BITCOIN will move up positive over +1%.
NOW DO YOU BELIEVE ME?
Updated : End of the Beginning : BTCUSDReflecting changes based on the recent price action. Still expecting this wave 1 of 3 of the new cycle to top in mid-80k range
$btc short CRYPTOCAP:BTC short to retest break out levels of falling channel on daily chart , lost support on hourly level.
entry; 71700s
tp1: 70100
tp2:69000
stop:73600
November 1 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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This is the Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 9:30 and 11:00.
The mid-term pattern was broken due to yesterday's movement,
and unlike Nasdaq, it touched the lower Bollinger band first.
There is pressure on the 12-hour chart -> daily chart MACD dead cross.
*Blue finger two-way neutral strategy.
Independent trading -> Start with a short in the 1st section of the purple finger
(Stop loss price when the orange resistance line is broken)
1. 69,163 dollars long position entry section / Stop loss price when the sky blue support line is broken
2. 70,625.5 dollars long position 1st target -> Top 2nd target
If the 12-hour chart and daily chart MACD dead cross are not resolved during the weekend, it seems difficult to break through the Top section. (Try to enter additional short positions autonomously.)
I have prepared a strategy that is imprinted while moving sideways rather than plummeting.
The lower tail section is the second section of the sky blue support line,
and it is best if you do not deviate from the green support line.
(Bollinger Band 12-hour chart center line)
It is best if you maintain the true blue support line without deviating until the weekend (6+12 or 12 + daily pattern recovery)
It seems that the direction will be determined within the red resistance line / true blue support line convergence section.
If a danger signal is imprinted until the weekend, I have hidden the final long position switching position.
A hidden picture that is clearly visible...
Up to this point, please use my analysis articles only for reference and use,
and I hope you operate safely with principle trading / loss cut prices.
Thank you for your hard work this week.
Here's my snippet of the current move on bitcoin Here's my snippet of the current move on bitcoin and how many of us who are calling for a buy still manages to have lost on the set up already, despite our prediction remaining quite probably at this time!
BULLISH BTC CHEATSHEET for the next 12 months- Breakout EmminentBTC has been forming megaphone bull flag for the last 7 months adding validation to the beautiful CUP & HANDLE it has printed and recently tried to break out of this bull flag in the weekly chart testing the boundaries of the pattern. One may wonder if there is any logical behavior in this price action and some investors like me can point out to WYCKOFF Re-Accumulation happening. If you look closely it has resonated closely to Wyckoff's theory and we may be at the LPS portion of the re-accumulation. Possible breakout to the SOS level or some minor sideways movement for the next days. There has also been the bullish MACD cross on the weekly. Long term targets based on sentiment, seasonality and technical analysis indicate a long term target of 120-130k Dec 2024 and 350-380k Mar-Apr 2025. There have been anomalies that have been considered in this analysis such as the Yen Carry Trade issue. Lately there has been some volatility but I don't expect there to be any lows. Breakout is imminent! Looking to see how this plays out.
Will Bitcoin Repeat History or Continue The Cup N HandleFalse Break Out Or Cup N Handle Continuation
1. Bitcoins most recent price action is looking pretty similar to what we experiened back in 2019-2020.
2. Bitcoin is also showing signs of a large Cup and Handle pattern which you can clearly see on the weekly.
3. If the Cup N Handle patter decides to continue playing out. I will continue my plan to just DCA on a weekly basis.
4. If History does decides to repeat what happened in 2019-2020. I will still continue to DCA weekly on the way down. BUT Wait until price falls into my 62-87.6% Fib Zone or $37,750-$22,500 to start Doubling Down on my DCA
5. My Plan is keep my blood pressure low not to predict the tops or bottoms. But to put myself in a good enough position no matter the market direction. And to continue my simple strategy to DCA.
Thank You and God Bless.
BTC heads up at 69k: not just a sexy number, but a Genesis fibPlot is a single fib series, shown in 3 timeframes.
69k was a previous top and for a very good reason.
IF we are to get a lower high then 69k may be it.
Chart is from Coinbase, others will vary a bit:
$ 69,096.20 is the exact level, topped last run.
$ 65,255.26 below is absolutely critical support
$ 72,937.41 is the next barrier to break above.
===========================================
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Bitcoin Bull Flag Breakout: Uptrend ResumesThe big bitcoin bull flag pattern, which began in March 2024, has officially come to an end yesterday with the break of the $70,000 level. This development suggests that the market has resumed its uptrend, which can be traced back to January 2023 or even as far as 2009.
With the market currently hovering around all-time highs and the bull flag pattern having been completed, we can expect increased volatility on the upside, potentially leading to a breakout of all-time highs.
However, it is essential to remain cautious and prepared for potential downturns.
Key support levels to watch include:
• 67k-68k, which remains an active support area
• $62,000, a major support level
• $43,000, the whales support, although a decline to this level is considered unlikely
We'll be dialing back the frequency of our updates, focusing on major market developments and occasional insights from other spaces; take care!
Bitcoin Technical AnalysisFxNews —Bitcoin has broken below the 100-period simple moving average and the ascending trendline, currently trading around $68,320. Meanwhile, the Stochastic Oscillator signals an oversold condition, suggesting that BTC/USD has the potential to consolidate near the upper resistance level. This outlook is supported by the Fair Value Gap visible on the 4-hour chart.
From a technical perspective, immediate resistance is at the 23.6% Fibonacci retracement level at $70,000. The BTC/USD pair’s outlook remains bearish as long as the price stays below this level and the 50-period SMA. In this scenario, the next bearish target could be the 50% Fibonacci retracement level after a minor consolidation.
November 4 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.
Bitcoin 30-minute chart.
Today, it's a mild analysis with an easy difficulty.
Basically, there are no waves and it's moving sideways,
and there's no Nasdaq indicator announcement, so there are too many turning points.
On top of that, since daylight saving time is over today,
the waves come out about an hour late. Hahaha
Still, I'll proceed with a one-way mild taste.
Because you guys are precious...
*When the blue finger moves,
it's a two-way neutral
short->long switching strategy.
1. 69,651.5 dollars short position entry section / when the orange resistance line breaks through
or when the top section is touched, the stop loss price
2. 68,576 dollars long position switching / when the green support line breaks away
3. 70,214 dollars top section long position target price
Overall, considering the possibility of an increase in terms of signals and patterns,
I set the stop loss price a little loosely.
It's still moving sideways,
Can you see 1 at the top and 2 at the bottom?
If it falls right away from the current position,
or touches 1 and falls,
it's the final long wait in the 2nd section.
Since the strategy was based on the blue finger,
even if 1 -> 2 is right and perfect comes out, we'll proceed with manual liquidation,
and it's not difficult because it's a process that progresses until the strategy succeeds, right?
Since the next support line is open when the green support line breaks away,
I think you can see Gap7 -> Bottom, which I've marked below.
Up to this point, please just refer to and use my analysis,
and I hope you operate safely with principle trading and stop loss prices.
Thank you.
