Bitcoin Short H4 UPDATESell Stop Entry @ 58481.40 S/L @ 65210.40 T/P1 @ 52390.00 T/P2 @ 44820.00 R.R.R. @ 1/2 Pure Price Action analysis based on Breakout of target level.Shortby MyMainBox369Updated 2
BTCUSD TRADE SETUPIf the marker retrace or fullback and then BULL run structure create from our demand zone then take a trade otherwise skip the positionShortby Forex_bank_Liquidity0
BTCUSD TRADE SETUPPair Name: BTCUSD - Classic bullish formation - Our team expects pullback from demand zone SUGGESTED TRADE: BTCUSD is holding continuous up trend so after market retracement I can take buy entry . If your analysis matches it take a trade otherwise skip the trade. Swing Trade Start protection of your profits from lower levels ❤Please, support our work with like & comment!❤Shortby Forex_bank_Liquidity0
BTCUSDIf the analysis aligns with the market's actual direction, and the currency pair moves in the anticipated direction (up for a buy trade or down for a sell trade), the trade will likely yield a profit. The magnitude of the profit will depend on the size of the price movement, position size, and leverage used.Shortby FXNestFX0
Bitcoin - How will Bitcoin react to the results of the election?Bitcoin is located between the EMA50 and EMA200 in the 4H timeframe and is trading in its ascending channel. Risk on sentiment in the US stock market or investing in Bitcoin ETF funds will lead to its continued upward movement. We will look for Bitcoin resale positions within the specified supply zone. Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way for Bitcoin to decline. Bitcoin buying positions can be looked for in the two specified demand zones. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important New surveys by “ABC News/Ipsos” indicate a close race between Kamala Harris and Donald Trump as the 2024 U.S. election approaches. These surveys reveal that 74% of voters are dissatisfied with the state of the country and also discontent with the current presidential candidates. Harris is slightly ahead with 49% support compared to Trump’s 46%. In the final days, Harris’s campaign has been more active in connecting with voters, gaining more support among Latinos, African Americans, and young women, whereas Trump holds greater support among white men and those without a college degree. Donald Trump, the Republican candidate, has not only positioned himself as a pro-crypto figure but his tariff-raising policies could lead to inflation and increased geopolitical tensions. Trump, who previously opposed cryptocurrencies, has shifted to strong support for the industry this year. Decrypt previously reported that Trump aims to have all Bitcoin mining conducted in the U.S. and has launched a decentralized finance (DeFi) project running on Ethereum, with plans to issue his own stablecoin. On the other hand, MicroStrategy, led by Michael Saylor, announced plans to raise $42 billion over the next three years to buy more Bitcoin. The company’s “21/21 Plan” aims to gather $21 billion through equity and $21 billion through debt. The company has stated that this additional capital will be used to acquire more Bitcoin as a treasury asset. Their latest purchase in mid-September added 7,420 Bitcoin valued at $458.2 million, bringing their total holdings to 252,220 Bitcoin. Performance of ETFs with the highest trading volume on Friday: Total: - GETTEX:55M BlackRock: $0M Fidelity: - GETTEX:26M Grayscale: -$5M Bitcoin mining revenue and profit fell for the fourth consecutive month in October. JPMorgan reported that the average weekly hashrate of the Bitcoin network reached a record high. The bank estimated that Bitcoin miners earned an average of $41,800 per exahash per second, a 1% decrease from September. Additionally, daily gross profit reached a new low. Bitcoin mining difficulty hit an all-time high in October; however, transaction fees significantly increased, reaching 60% of the block reward by the end of the month. The monthly hashrate for the Bitcoin network increased to 702 EH/s in October, 9% higher than the previous month. The latest update of the crypto market’s Fear and Greed Index shows that it remains in the greed zone, although it dropped by 4 points compared to the previous day.Shortby Ali_PSND1
Possibility of correction It is expected that after some fluctuation and correction, the continuation of the upward trend will be formed up to the previous ceiling range. Then a trend change is expected. If the support trend line is broken, the continuation of the downward trend will be possibleShortby STPFOREX0
BTCUSDT LONGI will long this trade only if it comes and takes down the liquidity of the marked zone or retest the marked zone with proper risk management.Longby abdulmoizboy0
2 DAYS UNTIL THE ELECTION BUY THE DIP !! TRUMP WILL WIN ! If donald Trump will win then huge downturn. Bitcoin will hit $150K until donald trump wins Bitcoin will go crazy up and down; be sure to yse proper risk management. Buy bitcoin now and take profits at $150K or few pips before it; If it drops keep an eye and place a stop loss so you wont lose much. Im seeing opportunities; not mountains Longby JoyBoyVegae0
Bitcoin - a leading diagonal?If you follow my X account, I posted this diagonal just after the waves 1-2 were printed. If this leading diagonal is the wave 1 in a larger impulse, then, most likely, we will get to $100k by the end of the year in the wave 3. Trade safeLongby Alpha_Mind0
$BTCUSDMarkets are getting into its demand fill as we get elections going on this week rumors of trump victory will make new all time high for BITSTAMP:BTCUSD expecting pullback into these levels and push to upside afterLongby calmstradesUpdated 0
This Bitcoin (BTC/USD) daily chart Bullish Bias: The overall trend remains bullish, with price action inside the ascending channel, above both the 50-day and 200-day SMAs, and positive MACD momentum. Caution for Potential Retracement: The Stochastic RSI's overbought condition and resistance near $74,000-$77,000 suggest that a pullback could occur. A retracement towards $64,000-$65,000 would be a healthy consolidation level and could present a buying opportunity if the trend remains intact. Breakout Confirmation: For continued bullish momentum, Bitcoin needs a decisive break above $77,000 with strong volume. This would likely confirm the bullish continuation toward higher targets, possibly above $80,000. Watch for Election Day Volatility: The approaching Election Day could lead to increased market fluctuations, so it's crucial to monitor support and resistance levels closely. This analysis indicates a cautiously optimistic outlook for Bitcoin, with a bullish bias, but readiness for a potential retracement or consolidation phase in the short term.Longby Stoxello0
Fifth Rejection from the Last HurdleBTC’s initial reaction to the $72,000 - $73,800 resistance indicates a fifth rejection at this critical level. For a potential retest of this resistance, BTC must secure a weekly close within the $65,500 - $67,300 support zone. As noted previously, BTC could experience a deeper pullback, potentially revisiting the downward trendline it broke out from two weeks ago. However, to sustain bullish momentum, BTC must maintain weekly closes above this trendline to bolster the likelihood of a renewed move higher.by SlimPhem1
BTC - BTFD OpportunityBitcoin is in a significant support zone after a sell-off. We are taking the opportunity to open a long position, which should take us back above the USD 70,000 mark.Longby Ochlokrat0
Bitcoin investment must-have(11/4-11/10)This week is the U.S. election week, now the U.S. election uncertainty is very big, nearly a month since Trump's voice is very high, but the election process Harris's victory is gradually rising, the U.S. election has a major impact on the whole market, and there is also the interest rate meeting on Friday, the cryptocurrency market at present to watch and avoid the risk. Option ATM IV has risen to 80% this week, and with all of this month's option IVs significantly higher than forward options, the next few days could be big. 🌟 Heavyweight events this week: Tuesday 11/5 💼 Reserve of Australia announces interest rate resolution and monetary policy statement (11:30) 🌟 US holds 2024 presidential election 11/6 Wednesday 💼 Bank of Canada publishes monetary policy meeting minutes (02:30) 💼 U.S. Treasury announces debt issuance program for the new quarter (21:30) 11/7 Thursday 💼 Bank of England announces interest rate resolution and minutes (20:00) 💼 US initial jobless claims for the week (20:30) 11/8 Friday 💼 Fed announces interest rate resolution (03:00) 📌 Crypto Market Outlook: This week is the U.S. election week, now the election is burning, who will win is not yet known, and Friday's interest rate meeting, the market is generally believed to be a 25 basis point rate cut, this week's option parity IV has risen to 80%, cryptocurrency risk aversion is obvious. With Bitcoin's short-term term IV currently at high levels, it would be interesting to get in on a bit of election gaming this week. 📌 As for the crypto rate market, the Bitfinex rate market has been relatively flat lately, with occasional 20% high-interest orders, and it is worthwhile to actively transact when you come across the right rate order, especially when there is a market for it, which deserves special attention.Longby Greeks_live0
BTC/USD Analysis (03-Nov-24)BTC/USD Analysis (03-Nov-24): Sentiment: Bearish Current Range: 68,336.16 - 71,636.16 Target: Anticipate further decline to 62,434.50 due to weekly liquidity sweep. Shortby MUHAMMADWALEEDKHAN2
BTCUSDIsn't Price Action beautiful.... Price currently in-between Daily Bullish Swing Points. Also, Price just encountered Weekly High's, which has now caused Price to resist those levels. Close of today is the close of the week, & I'll then be dropping a video breaking down my viewpoint & thought process behind Price Action. Stay Tuned!!!! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #NakedChartReader #ZEROindicators #ScalpingTrader #IntradayTrader #DayTrader #SwingTrader #PositionalTrader #MambaMentality #GodMode #HighLevelTraderby TheeSnipeGoat111
Bitcoin can breach retracement level and resistance levelBitcoin could not break ATH and once again fall to the retracement level and also break ascending triangle it is the sign bitcoin should go down and retrace more to the given levels in chart. bitcoin never go up without doing retracement so here we need a retracement of 63K for Bullish trend.Shortby FxPhilakone0
BTC price projection for November based on historical returnsI got data from CoinGlass looking at Bitcoin historical returns in November since 2013. BTC has accumulated 42.78% gains on average. With seven positive years out of eleven, November also has a median return of 7.12%, from opening (1) to closing (30). In particular, November’s best year was 2013 with 449.35% gains from day one to 30, followed by 2017 and 2020, with 53.48% and 42.95%, respectively. Meanwhile, 2018’s bear market resulted in -36.57% returns in November for Bitcoin, being its worst year followers by 2019. Bitcoin opened November 2024 at $70,272. So, if you project this price for the end of the month based on historical average and median returns, BTC could reach a range between: Median (7.12% = $75,275) Average (42.78% = $100,334) This, of course, is just for your entertainment, and the analysis shouldn't be used in isolation to make any financial decisions. I hope you enjoyed it. All things considered, Bitcoin price is impossible to predict with precision, as the market is extremely volatile and uncertain. Investors should understand what they are buying and consider multiple factors before pressing the button. Longby vinibarbosa1
BTC/USDT W In the event of a strong breakout and a weekly close above the white line, which is acting as resistance, the next price target is $250,000. As long as it remains below this line, there is a possibility of a drop to $50,000 and even $40,000.by Walwel0
forget 70k level, look out for this importanlevel to surpass... As I mentioned in my previous analysis, I don’t care about reaching 70k; what matters to me is if it can break past the zone at $71,890. Everyone is excited that BTC is back at 70k (myself included), but guess what happened next? The price touched my line at $71,890 and didn’t break through! This is simply because I see more difficulty here, as it's a zone with a greater concentration of institutional orders and has historically been strongly rejected. These last three candles give me the impression that the bear market is nearing its end, so keep a close eye on the upcoming week. But remember, it’s just an impression — the price is always trying to tell us something through its candles, and it’s our job to interpret it correctly. Best regards, and let’s hope that’s the case!! TRADE SAFE!Longby RocketMike1110
BTC/USD Weekend MovePotential BTC/USD Directional move for the weekend as we head our way out of the premium zone into discount. 4hr chart: Key levels of $69,859 would need to be mitigated to show any further strngth to the upside, however we have already sweept the liquidity resting at the 4hr fair value gap and price action seems to be having a bearing reversal pattern with the 20 ema heading to cross the 50 along with the 50 changing trajectory to face to 100. This move could be to tap into the decisional and extreme order blocks at $68,171 and $67,271 could then allow for a reversal and rightly so placing it conveniently within the discount zone on the PD array, the MACD would be sitting below 0 making it an optimal area for entry on the buy side as long as we get a clean reaction off $66,101, which would sit us perfectly on the 200EMA. Failing that we'll continue to head down to test $63,626 and at that pointthis would be the beggining of a bearish reversal on the 4hr. Certainly on the daily: Which would make sense since we seem to seem to have reached heavy resistance to the upside on the weekly: giving us more confirmations that we are in premium so sells are imminent as a liquidity grabe before heading into a markdown phase or we pull back up to continue the ranging market structure. Happy Trading and a good Sunday too you all.Shortby FXCapitalClub0
Falls in price deceive. Bitcoin's Daily Chart is Demand-driven! I know Bitcoin sold off really quickly about 48 hours ago trying to reach higher highs and resistance. Price also made no further attempts to retest the breakout high price, but not yet. Daily chart is attached. It looks indicative of higher prices to my eyes, but we only see what we see. If I am missing something more bearish please write in the comments. It's a learning curve for us all. Quickly my reasons, Bitcoin switched to a Demand-channel in recent months, you know higher highs and higher lows, now recently Bitcoin price has remained in the upper part of channel, for me that is a bullish sign. Check the chart. Thanks for reading. Longby Easy_Explosive_TradingUpdated 1
BTC IS LATEPretty calm weekend for now but BTC should get back to HH levels before testing the blue line again ; the red circle shows the average area where BTC could break back down and fall to the 68/9s again.Longby edl751