Get started
BTC Inverse Perpetual Futures ContractBTC Inverse Perpetual Futures ContractBTC Inverse Perpetual Futures Contract

BTC Inverse Perpetual Futures Contract

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BTCUSD.PI trade ideas

(BTC/USD) Analysis on 1-Hour TimeframeThe chart shows BTC/USD on a 1-hour timeframe, where we can observe a descending trendline acting as a key resistance level. Here’s a breakdown of the key technical aspects and potential scenarios: Current Price Structure: Bitcoin is trading below the 68,000 USD level, showing signs of a bearish momentum, especially after failing to hold above the recent support zones. The price has broken down from the Ichimoku cloud, signaling a bearish bias as it attempts to consolidate near the lower trendline of the descending channel. Support Zone: Key support is expected around 67,580 USD, which aligns with the lower bound of the descending channel. If this level holds, we could see a potential reversal. Tp1 (68,372) - This level aligns with the previous consolidation zone and represents a minor resistance point. Tp2 (69,325) - A stronger resistance level, as it coincides with the previous swing high. Breaking this level could indicate the start of a stronger bullish trend. Tp3 (71,333) - Major resistance and a potential target for bulls if they regain momentum. RSI: The RSI is moving around the lower range, suggesting oversold conditions. A reversal from this zone could indicate a short-term bullish bounce. MACD: The MACD is bearish, with the signal line crossing below the MACD line, further supporting the current downward pressure. Ichimoku Cloud: The price remains below the Ichimoku cloud, indicating a bearish trend. A break above the cloud in the future could signal a reversal. Price Projections: Bearish Scenario: If BTC fails to hold above the 67,580 USD support, it could test lower levels around 66,000 USD, with the potential to reach 65,000 USD if bearish momentum intensifies. Bullish Scenario: If BTC bounces from the current support and breaks above the descending trendline, it could rally towards Tp1 (68,372 USD), then Tp2 (69,325 USD), and potentially reach Tp3 (71,333 USD), contingent on sufficient bullish volume. Trade Setup: Buy Entry: Consider entering around the support area of 67,580 USD, with stops below the 66,000 USD mark. Targets could be set at Tp1, Tp2, and Tp3 for a staggered take-profit approach. Sell Entry: If the price breaks below 67,580 USD, short entries could be considered, aiming for lower targets at the next key support levels. Conclusion: Bitcoin's current structure indicates a bearish bias with potential for a reversal if it can hold above the 67,580 USD support. However, a break below this level could signal further downside. Watch for a break above the descending trendline to confirm a bullish trend shift.
BINANCE:BTCUSDLong
by ProfitLanderCharts
1
Bitcoin (BTC): Sellers Taking Control / Possible Drop Incoming!Daily timeframe showed us a good dominance from upper zones, where last time we mentioned that we were looking for a rejection from that resistance zone. Now that sellers are showing dominance and price is almost back below resistance zone, we are looking for that blue line to be touched and broken in order to see a bigger movement to EMAs and then of course another liquidity grab on lower zones! Swallow Team
BITSTAMP:BTCUSD
by SwallowPremium
NEW HIGH COMING FOR BTC - Wait breakout.You could set up a few buy stop orders if you're trading on a regular brokerage. But in general, you could expect BTC to breakout of the consolidation area and make a continuation impulse to find new all time highs just shy of 77K and potentially breaking through to 80K. We see a very similar market behavior from when it broke 65K. 100 EMA holding as major support + consolidation structures near the 100 EMA with a combination of low volume which tends to indicate accumulation. Good luck.
BITSTAMP:BTCUSDLong
by PersaGold
Bitcoin on track for best monthly gain since MarchBitcoin trades at $72,362 (-0.50%), on track for a stunning 14.3 % gain in October, its largest monthly gain since March 2024. Bitcoin's rally this month has been driven by a supportive risk backdrop, geopolitical uncertainties, and the market's continued pricing in a Donald Trump election victory next week. Bitcoin needs to see a sustained break above resistance at $74,000 (ideally after next week's US election) to confirm the uptrend has resumed towards $80,000.
BITSTAMP:BTCUSDLong
by IG_com
BITCOIN TREND PIVOT With all the geo-political noise it's easy to get caught up in the low timeframe madness. Zooming out and looking at the High timeframe structure, things get a little simpler... For me, BTC has been in two different smaller phases within a larger bullflag pattern. Phase one is the bearish part of the bullflag where price prints lower highs and lower lows , this lasted for 150 days with a pivot once price wicked into the bullish OB @ $50K. From that pivot point the second phase started and it's where we are now. Once we got our first higher low the new bullish trend began, higher lows and higher highs followed and continues on until now. Now the interesting part is how BTC has broken out of the bigger bullflag pattern and that's shown by the X's and ^'s on the chart. In recent days BTC has broken out of the bigger bullflag pattern as shown by the tick where price rejected off the '21 ATH and retested what was formerly trend resistance and now support after a successful bullish reaction off that level for the first time in 8 months. Price is now at the highs with the US election around the corner and %16B FTX repayments on the way , can BTC go one step further and make a new ATH? Time will tell but for now the structure is the most important thing. Higher highs and higher lows, that's it.
BITSTAMP:BTCUSD
by ProR35
BTC has the potential to continue to rise from its current posit Leverage and Position Sizing: Use 10x leverage. Initial position size: 20%-30% of total capital. If key levels are broken, consider increasing position to 30%-40%. Entry and Confirmation: Enter a light long position around $69,455, waiting for the 1-hour RSI to break above 50 for confirmation of an upward trend. If price breaks above $70,200, consider adding to the position. If it fails to break and starts to pull back, reduce the position to manage risk. Take-Profit and Stop-Loss: Short-term targets: $70,200 and $72,000 for taking profits. Stop-loss: $68,705 (about 1.5x the ATR range). Risk Management: Monitor volume and RSI for trend confirmation. Adjust position size and take-profit levels based on market volatility to ensure risk control with the 10x leverage.
COINBASE:BTCUSDLong
by KeplerResearch
Bitcoin BTC to $250K - BUY & HODLBitcoin went to the Moon with Dec '17 top. Then it corrected 88.6% on the Fibonacci Retracement with Dec '18 bottom. After that it went to Mars and hit the tops again in Nov '21. It was a 2000% gain. What can you tell from this? Percentage-wise, Correction is lower than the gain. So, the Dominant Trend for BTCUSD is UP! OK, back to Earth. Let's gather fuel and power-up the rocket. Time to go Interstellar. Before I go into the technical stuff, allow me to keep things simple for you. I took the liberty and measured the BTC Cycles. But you don't need to worry about that, just follow my lead! I used a fancy tool called Fibonacci Time Zones. This tells me roughly when the next Bullish Cycle for Bitcoin will start. We are on the 5th Fibonacci Summation milestone, and another 2000% gain is destined to commence. When? Early '23 , like all other Cryptocurrencies. What's the level? My ultimate levels are: 10K & 7.5K . I will buy more there. I will HODL for the long-term because I know it's a waiting game. Now you have what you came for: when & where. You can go ahead and open the next idea. :) Thank you and you're welcome. But if you capable of digesting what's to come below, then I put my hat down... Bitcoin ( BTCUSD , BTCUSDT , BTCBUSD ) Technical Analysis: * Elliott Wave Cycle: Complete V Cycle Degree (white) * A-B-C Elliott Wave Correction (red) * Ending Diagonal in Cycle C (red) * Harmonic Pattern: Cypher * 88.6% Fibonacci Retracement * 161.8% (Golden Ratio) Fibonacci Extension * Bullish Divergence * Dominant Trend Line (turquoise dotted) * Demand Zone * Fractal Pattern If you get all this without a headache then you're a legend! The Aug '15 to Dec '17 is what I'm expecting, and it's a BIG one. Good luck my fellow HODLer.. Thanks for the like, Richard, the Wave Jedi.
BITSTAMP:BTCUSDLong
by Lionheart-EWA
9
BTC - Important LTF UpdateWe also have very important structure being built on the LTF (lowertime frame) 4H. The support being built around $69,000 looks amazing. This shows our old resistance on the LTF is being flipped into new support. If we do have any more downwards price action below this level, the next area that could be defended is $68,200-$68,500. This final level that would need to be defended if we do get a further drop is $66,000. This would be a higher high on the mid term scale and would still show bullish momentum. All in all, the structure being built right now looks very solid and could be the staring point of this next leg to try to break the ATH.
COINBASE:BTCUSD
by VIAQUANT