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BTCUSD trade ideas

BTC - Slight Distribution After Nearly 10xMorning my fellow traders, and happy new year! I hope you do not have a hangover right now. But if you do, get a tea going, it usually does the trick for me! I can't deny the possibilities for another rally to take out the highs, but I'm thinking what the market makers are planning is a simple inverted Adam & Eve pattern that will lead us to new opportunities within the next month or so. Keep in mind that for sometime now Alts have not been giving, and I believe that after this next Alt season (which I believe we will still get), they will keep giving less and less. I sold near $100k for probably a couple weeks now. Did not get a perfect $108k sale, which is fine. Now I'll focus on a reentry if this plays out. Trade thirsty, my friends!
BITSTAMP:BTCUSDShort
by mr_willmedina
BTC - Head and Shoulders Pattern - Swing TradeHere's the details of my Short trade on BTC... Watch the video for more in depth insights into my trading strategy and feel free to comment and share! Daily Chart: - Head and Shoulders Pattern - Volume - Following textbook head and shoulders pattern - Divergence on the RSI and MACD - Head failed off long term resistance - Recent false break at 100k Highlighted in the video... BTC had a very similar pattern in mid-2021 that ended up sending the price all the way down to the H&S Target within 4 days. I am not expecting the same outcome, however again, history doesn't repeat itself but it rhymes. Therefore, the current price is approaching the neckline. I tend to take positions earlier on in the trade to increase the P/L Ratio potential vs. waiting until confirmation, pullback, etc because the volatility becomes too great with options and a large part of the move will be missed. What I'm looking for with this trade is.... The price to retest 92k (Neckline) I'd be ok with a slight bounce, even over multiple days, prior to a break of the neckline. If the price bounces from here or via the neckline back towards 100k, that would be a red flag. At this point, historically for BTC and text H&S pattern, we should see pretty swift price breakdown and test of the neckline, to a break of the neckline within several days. If this is not achieved it will give receive to exit and/or stop out. News and trade details highlighted below. Recent Developments & News - See my SPX Idea, the S&P has both a Rising Wedge and Head and Shoulders, making the overall market susceptible to a short term bear move which will be a headwind for BTC given its correlation to the market - USA Strategic Bitcoin Reserve has made a lot of headlines and driven increased excitement about Bitcoin. However, recent comments suggest this will not be a quick decision and is not something that is relevant in the immediate term... - In terms of the legal issues around holding bitcoin, "that's the kind of thing for Congress to consider, but we are not looking for a law change at the Fed," Powell said. - Given the likely ways such a reserve could be created, "we suspect such a plan would face stiff resistance from the Fed," Barclays analysts said - The European Central Bank’s chief bank supervisor, Claudia Buch, on Tuesday also flagged up risks in the crypto market, including "excessive leverage, transparency (and) conflict of interest", adding she was keeping a close eye on banks' exposure to that type of assets. - In Europe, a series of central bankers this week dismissed any suggestion of bitcoin becoming a reserve asset. - Belgium’s central bank governor Pierre Wunsch saw little "appetite for having reserves in bitcoins" in an interview on Wednesday. - Outside the euro zone, Hungary’s governor-designate Mihaly Varga said on Monday cryptocurrencies were just too volatile. - "We are following the discussion, especially in the U.S. post-elections, closely," ECB policymaker Olli Rehn said on Tuesday. "But our view has not changed. Cryptos are assets, but they are not currency," the Finnish central bank governor added. Note: Trump plans to appoint former PayPal executive David Sacks to the newly-created position of White House AI and Crypto Czar, and pro-crypto consultant Paul Atkins to lead the Securities and Exchange Commission. That said, the discussion and possible policy changes are possible, just not immediate. In addition, Michael Saylor has made a lot of news with recent Bitcoin purchases and the potential for issuing shares at MicroStrategy to fund additional BTC purchases. If the shares issuance is approved it could trigger a wave of bullish activity, however the actions and purchases being taken are in consideration of a long term view for BTC and therefore may have less impact on the short term pattern. Noted in Risks below. Target: - Head 108k - Neckline 92k - Target Move: 16k - Target Price: 76k-80k (13-15%) - Stop: A break above 100K - The Head and Shoulders Pattern has taken ~35 days to form - The expected timeframe is 1/3 the days to formation so ~12-15 days to target Risks: - Bitcoin is currently in a long term cup and handle pattern with a target of 123k, therefore this suggested price action is considered short term and to have risks of the pattern failing - Bitcoin has made a very strong move over the past 4 months, therefore it easily can continue it's upwards momentum - Approval of MSTR share issuance could trigger a wave of bullishness in Bitcoin, breaking the pattern - Trump Inauguration Jan 20th could spark a wave of bullishness as anticipation for new policy takes hold - More and more adoption of bitcoin may override a chart pattern such as Head and Shoulders Overall: Bitcoin is currently in a long term, very bullish cup and handle pattern with a target of 123k. Therefore, I am taking this trade with a high degree of caution. However, the head and shoulders pattern formed with resistance at the long term upward trendline paired with short term weakness in the broader market makes it a strong case for a short term downward movement. The risk/reward ratio makes it a viable trading opportunity. See below the details of my trade... Current Position: BITO Put Options Strike $25.00 Exp Jan 31st Quantity: 3 Option Price: $2.24 Stop: $1.00 Total Investment: $675 Potential Loss: -$375 I am taking a tiered profit taking approach given the volatility and sensitivity of the trade Target 1: $3.50 - $4.00, 1.6:1 - 1.8:1 P/L Ratio Target 2: $5.00 - $5.50, 2.2:1 - 2.5:1 P/L Ratio Target 3: $6.50 - $7.00, ~3:1 P/L Ratio At each target I'll move my stop up towards breakeven and beyond Potential gain: $825-$975
BITSTAMP:BTCUSDShort
by jaytmarquardt
Checkmate: Winging it is for birds, not traders♟️ Master the market with strategy, foresight, and just the right amount of sass. Alright, traders, let’s talk. What do chess grandmasters and top traders have in common? No, it’s not their love of mismatched socks or coffee strong enough to revive the dead ☕. It’s their ability to think three moves ahead while the rest of the world stares at the board wondering, “Is this checkers?” ♟️ Your Gut Isn’t Garry Kasparov In chess, a grandmaster doesn’t move a piece without thinking of how it’ll play out in the next ten moves. And you? Clicking Buy because your “gut” said so isn’t exactly a strategy. Unless your gut has a PhD in market analysis, maybe sit this one out and plan. Remember: sometimes you’ve gotta let a pawn (aka small loss) go to protect the king (aka your account). But nope, most traders are out here clinging to losing trades like they’re in a Nicholas Sparks movie. Spoiler alert: this isn’t a love story – it’s an iceberg. 🧊🚢 🤔 Hope Isn’t a Strategy Chess players anticipate every possible move. You, on the other hand, need to stop vibing your way through trades. 🌈 ✔️ Got a plan if the market tanks? ✔️ Got a plan if it spikes? ✔️ Got snacks for when both happen? 🍿 If you’re trading without a stop-loss, you’re basically playing chess blindfolded and hoping for the best. Bold, but not smart. 🧠 Don’t Let Your Brain Sabotage You Biggest opponent in trading? It’s you. That little voice whispering, “Double down, it’ll recover!” or “Stop-losses are for wimps.” That’s not strategy – it’s sabotage. 🎭 Learn to chill. Emotional moves in chess = disaster. Emotional trades in the market? Same thing, but with fewer pawns and way more pain. 🔑 Discipline = Winning Grandmasters aren’t magic. They’re disciplined. They put in the hours, study patterns, and show up every day. Traders? Same deal. Forget the mythical “perfect strategy.” It’s your discipline to execute that makes the difference. So, stop chasing meme stocks and remember: the market is your chessboard. Plan your moves, think ahead, and for the love of all things caffeinated, stop clinging to bad trades. 🖤
CRYPTO:BTCUSDEducation
by RoadToAMillionClub
BTC/USD bearish setup (read caption)..Hello fellow traders what about BTC will it fall down as I have prepared the setup for it, and share your opinions in comments. My setup is based upon the above chart read it carefully and share your thoughts.. This 4-hour BTC/USD (Bitcoin/US Dollar) chart outlines a potential price action scenario: 1. Peak Resistance ( 102,708 ): The chart highlights a crucial resistance level. If Bitcoin breaks above this level, the bullish trend may resume. 2. Entry Zone (100,746) : A yellow zone suggests an area where traders might consider entering sell positions if the price gets rejected at resistance. 3. Bearish Target (98540) : The green zone indicates a potential target for the downward move if the price fails to break the resistance and begins a bearish reversal. The chart emphasizes monitoring the reaction at the peak resistance to determine whether the trend will remain bullish or reversed to bearish. Kindly like, comment and support me guys.
BINANCE:BTCUSDShort
by Jacks_Trading_Service
1
BTC tops out for retrace to strong supportToday BTC was unable to hold price above 102K to claim this level. Despite a news thread spinning this idea the price range for BTC has kept within neutral territory of 92k and 100K. There has been an 8K price range between strong support at 92k and resistance above 100K. The overall bias has been bearish leaning towards a large gap fill waiting to be collected at 74K for a discount price buy-in. The day chart shows this to be still evident despite trading in the lower time frames which has been within that neutral price zone. Due to BTC not holding the 102K level it would suggest that big money is interested to exit positions and create a new floor for a near term discount price to buy big at the technical level of 74K. This will likely be the momentum needed to drive through to 140K for a new high and onwards into 2025. I entered a short position at the neck line of the head and shoulders pattern which i noticed forming when the head was complete and the right shoulder was beginning to form. This was a chop shop day in Australia waiting for confirmation on bull or bear for BTC. The bears won. I traced out the resistance trend lines off the tip of the candle wick high 102k level and these ran through the head and shoulders to trace the expected price retracement levels as these are respected. Price is moving into a bear flag consolidation and perhaps more news will break.
CAPITALCOM:BTCUSDShort
by ForgeNTrade
1
The BTC/USD chart on the 4-hour time frame shows a bullish strucThe BTC/USD chart on the 4-hour time frame shows a bullish structure forming, with higher highs (HH) and a break of structure (BoS) confirming bullish momentum. The price is near a key support zone around 94,000–96,000, aligned with a retest of the descending trendline. If this support holds, a rally toward the resistance zone at 104,000–106,000 is likely. However, a breakdown below 94,000 could invalidate this setup. Monitor price action near the support zone for confirmation before taking action. BITSTAMP:BTCUSD
BITSTAMP:BTCUSDLong
by TRADE_CENTER_1
1
Btc/UsdtBINANCE:BTCUSD 🚨 **BTC Price Update** 🚨 - Current Price: **$96,085** - **OB Level**: $100,000 (This is a key level to watch closely) 💥 - **Mitigation Level**: **$100,000** (If price doesn’t hold here, expect a retrace) 🔄 - **Next Target**: **$98,453** (If the price starts climbing, this could be a next resistance level) 📈 - **Support Levels**: - **$92,000** 🛠️ - **$85,000** 🛑 If BTC doesn’t hold the current levels, expect some pullback. If it bounces off support, it could be an opportunity for a reversal. 🔄 Remember: This is **NOT financial advice** — just a general analysis! Always do your own research. 📊 ---
BINANCE:BTCUSDLong
by Wolftrader1337
1
Bullish bounce?BTC/USD is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance that has been identified as a pullback resistance. Pivot: 95,231.13 1st Support: 93,172.83 1st Resistance: 98,951.90 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:BTCUSDShort
by ICmarkets
BTC - Possible Crash Warning For Tomorrow in ThursdayHello Traders, WTH am I talking about? Well I have been pro crypto and stocks but some things Im seeing are worrying me. Anyhow Im not gonna describe how I figured what I think Im just gonna give you how I think it could be playing out. This is exactly like the 2021 last peak right before it catered. The time between last peak and catering comes out to be tomorrow... Here's what I think if this does happen.>Watch BTC..if it starts to lose support from this last dip tomorrow I would be concerned... then lets say BTC starts to cater after markets close tomorrow...guess what? Markets are closed Thursday for Carters Death... So as its catering no one in ETF's will be able to do a darn thing till Friday...and by then the damage could be done. Then with markets if like 2022 peak they will go up and attempt another ATH while BTC tanks... I would say by 1-15-25 get out.. it will dive again and make one more ATH.. but will be the last just like 2022 peak. expect the peak by end of month/early Feb. I hope I am wrong... if BTC doesn't tank then all this has been just a false alarm. Just be aware of this possible scenario. My TA all lines up with this def being a possibility.
COINBASE:BTCUSDShort
by TheUniverse618
6
BTC/USD AnalysisHello Guy's this is My OverView For BTC/USD, Feel Free To Check It And Write Your Feedback In Comments Chart analysis of BTC/USD on a 4-hour timeframe trading levels And indicators. The chart outlines a clear upward price movement with an established strong support level, providing a potential entry point for traders. The target and two take-profit levels Set (Tp1 at $98,700 and Tp2 at $95,800) strategic exit points based on anticipated market behavior. Set stop-loss above the current market price to manage risk effectively. This technical analysis utilizes trend lines and momentum indicators to guide decision-making in Bitcoin trading on Binance. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
BINANCE:BTCUSDShort
by David_Josh_Trader
2
Bitcoin exit strategyBTC monthly I saw a chart similar to this and decided to update my Bitcoin exit strategy chart on a monthly to keep me alert and ready to exit positions This chart is more about the LMACD (logarithmic) down the bottom than predicting BTC topping-out price Seems when the MACD line touches the downward trend line indicated within the red circles that the top is in or around there and better pay attention We will of course be watching our candles and the green dots when they switch to reds and our targets from the extension levels of the bear market fib retracement and the rsi but I thought this LMACD idea was worth the trip to monitor
COINBASE:BTCUSDLong
by Hollowzep
1
2025-01-07 - priceactiontds - daily update - bitcoinGood Evening and I hope you are well. tl;dr bitcoin - Bearish. Yesterday’s bullish read correct and I would write it that way again. Bears took control of the market with the break below 101k and we just melted lower. We now have a perfect head & shoulders pattern with a target that aligns with my overall read and year end comment but confirmation will only be below 90000. The lower high 102718 was high enough and we could just go down from here. Buckle up crypto bros. comment: Nasty bull trap and we have an amazing bearish outside down bar. I expect 92000 next and maybe 90k. Can bulls reverse this again to go above 103k? 100k maybe but I highly doubt anything above that. The head & shoulders looks good but confirmation is only below 90k. current market cycle: trading range key levels: 90000 - 103000 bull case: Bulls need to stop the selling and trade back to 100k and go sideways to keep the market neutral. If bears continue tomorrow, most bulls won’t hold long and have to cover again and will only look to enter closer to 90k. Bulls don’t have too much going for them after the huge reversal bar today. Invalidation is below 90000. bear case: Bears need follow-through tomorrow and a retest of 93000 or lower. Since the market has been going sideways for 2 months, the odds of a breakout below are small. Bears see today’s selling strong enough for at least a second leg and a measured move would bring us to 90000. I will watch for intraday shorts near the 1h 20ema. Invalidation is above 103000. short term: Bears are in control again and want a second leg down to 89k - 93k. I want to see a pull-back to the 1h 20ema and a strong signal bar before I add to shorts. medium-long term: 75000 is my biggest target for now and until bears get there, any lower target is just unreasonable. My bias is bearish going into 2025 and I think the odds of a bigger leg down are good. current swing trade: Short since 98k. Want to see 90k next to take some profits and add again higher or on a strong break below 90k. trade of the day: Shorting the breakout below 101k was amazing.
CRYPTO:BTCUSDShort
by priceactiontds