ConfluenceShorts decreasing heavily, would need to close with a small wick for one confluence to log btc. Has until jan to make a decision.by Simonsco0
Strong buy on BitcoinThe price has seen the main break even and made a beautiful pin bar. It works as a strong buy signal. The stop loss is behind the shadow. The last target is the all-time high. As Bitcoin moves, every other coin moves in the same direction, too, so you can have long positions on other assets according to your personal strategy and entry point.Longby keykavoos1
Bullish BitcoinAccording to the last analysis, the entry point is past us, but the next entry point is going to emerge. We can now see a double bottom after the prior entry point. One good exit point is on the 70000 level how ever the safest and nearest one might be the 66500 level.Longby keykavoos0
Bitcoin long/short ratioAn oldie but a goodie. Concatenate into a Fibonacci channel, and watch it dance in the fibs. Bitcoin dominance (BTC.D) is breaking out and there’s a gap to over 90%, so bitcoin might really pump here and test into the hundreds of thousands of US dollars. The long short ratio looks primed for a fresh high.Longby Shammus010
Bullish BitcoinIf today's candle closes above yesterday's, it could be a very good buy signal.Longby keykavoos222
Weekly Cup and Handle Targeting 124kJust noticed this, no drawing here - TradingView's built-in cup and handle indicator is drawing a bullish cup/handle on the weekly Bitcoin chart, targeting 124k approx. Neckline is around 67k, which should be our next target if Bitcoin can hold a local support level between 60-62.5k and not lose 56.5k on the weekly. Here's what that looks like on the linear chart, chart above is log: Good luck!Longby dudebruhwhoa5
70k tgt candle patternThis candle pattern has a high probability to pop 100%. Target 70k very soon. Longby MtGoxFX2
Bitcoin Mining Profitability: What’s the Break-Even? Hey Miners With the current mining conditions, many miners are facing profitability challenges. Here’s a quick breakdown of where Bitcoin’s price needs to be for mining to break even: Current Mining Profitability: 0.0439 USD/Day per 1 THash/s Power Cost per Day: $12.05 Current Earnings: $4.83 per day (leading to a $7.22 loss per day at the current BTC price) Break-Even BTC Price: To cover power costs and break even, Bitcoin needs to trade at approximately $64,870. At this price point, mining becomes profitable, meaning your daily earnings would equal or exceed your power costs. As the mining landscape evolves, understanding these thresholds is crucial for staying ahead in the game. Keep an eye on these key metrics to navigate the ever-changing profitability of Bitcoin mining! BITSTAMP:BTCUSD Longby Popvilla0
$BTC descending broadening wedgeBitcoin is clearly on a descending broadening wedge pattern. This is a bullish pattern with target at 100-105k. This would also be the 5th and final wave of this bullish momentum that started at 15k. It will be aggressive and quick. I don't believe that this 5th wave will be that short, so my price target is 200k to mark the end of this bull market. Let me know your thoughts in the comments. Longby etawong85110
Bitcoin is going to crash hard towards $5k or even lower Bitcoin made a double top at All Time High with a divergence. That means upwards momentum is exhausted. Now price is seems to be going lower in an Eliott Wave impulse with waves (1), (2) already done. MA200 W1 which is the most important support since Bitcoin inception is near, and breakdown through this level means huge panic.Shortby rafbie330
Bitcoin is going to crash hard towards $5k or even lower Bitcoin made a double top at All Time High with a divergence. That means upwards momentum is exhausted. Now price is seems to be going lower in an Eliott Wave impulse with waves (1), (2) already done. MA200 W1 which is the most important support since Bitcoin inception is near, and breakdown through this level means huge panic.Shortby rafbie0
Bitcoin adjusted to market cycleI think something like this make sense? We are at a 1st leg or wave of impulse, that is led by early adapters. 2nd leg up would be BTC outperforming SPX. 3rd wave would be a market chop w/ still some opportunities. 1st wave -> buy when it's cheap (bellow 70k crowd). Then comes rally to 120-150k. Before it becomes too expensive. 2nd and 3rd wave are led by ppl missing on a bandwagon, good returns. No crystal ball, see what happens:) > Driver is the rate cuts and money at money market funds. You can also see how divergence in BTC/SPX graph was the market top for btc.Longby citsvarUpdated 0
BTC price will fall down towards $55k and then back up to $69.5kPretty much explained on the chart. There is a potential huge Eliott Wave flat pattern.Longby rafbie220
Date with the 200 day MAIt appears bitcoin is going to test the 200 day MA, this will take awhile to play out. by ruraldisturbanceUpdated 3
BTC “long/short ratio”Hi y’all, I present the Bitcoin long short ration in a Fibonacci channel. The longs have retraced the breakout beautifully, and now are lifting off again for new highs. Get ready for Btc fresh highs incoming.Longby Shammus010
BTC 'Schedule' update w/ CNHCurrently in C-D on consolidation pattern and holding the 618. Looking for a b/o sometime late September, based on 618-786 of the consolidation pattern. -Massive CNH has a tgt of over 100k. -Consolidation flag has a tgt of 92k -TL from previous HH's has confluence with the CNH tgt. A "fakeout" wick back to 59k is plausible to pick up liquidity.Longby MtGoxFX0
Bitcoin re-test of lower regions - 64k zone and lowerBearish indicators showing a pull back likely... Market will likely need to cool down before it moves up another leg. I believe the chart pattern, even appearing as a bull flag, will break down. Could also be a descending triangle.Shortby BTCeerUpdated 2
Bitcoin over the next couple of weeks - reaccumulation Price is in a reaccumulation period in wave 4 of wave (5). It seems to be a huge expanding flat pattern which is not done yet. Expect some swift moves to the up and down once last panic leg is done a huge move on a very high momentum towards $100k will ensue.Longby rafbieUpdated 1
BTC CONSOLIDATIONBTC looking for its next big up, i dont think itll hangout here long so pack your bags alts are headed to the moon while were headed to 73k. Wondering if itll go retest 64k first but i think its very unlikely right now... i guess we'll see over the next few hours. Super bullish on this one. First target 73k next target 96k for ATH and final top for this cycle... we shall wait and seeLongby BigMeechTrades0
LONG X 75 HIGH PRECISION ODER FLOW TRADINGBTC futures leverage x 75 LONG ✅ Entry Point : USD 61500 Target : USD 63500 Stop Loss : USD 61000 Loss Brake : ???USD Leverage is extremely risky and must be executed with money that we are willing to lose or hit the stop loss. Trading is the only profession in which the only person responsible for our actions is ourselves, our worst enemy is ourselves, here there is no one to blame, this is not a collective work, the only one who presses the sell button buy and know how much you invest and where to put a stop to losses, it is you, and only you, so always remember that. Important note: THE LEVEL OF LEVERAGE OR LEVERAGE, the alert for taking early profits, loss stop adjustment and forced operation closure are not done by this means. And also remember to always have control over your losses, focus on this and you will last. Comment: WARNING!!!! I AM NOT A FUTUROLOGIST, I DO NOT MAKE PREDICTIONS, I DO NOT DO ANALYSIS, I AM 100% A MARKET OPERATOR, I WORK BASED ON MY EXPERIENCE, CONSISTENCY AND MY PLANNING IN TRADING. Leave a comment that is helpful or encouraging. Together we can dominate the markets.Longby ANTICRIPTOVENGANZA0
BTC rest of breakoutlooking like Btc is retesting its breakout, must hold this level then blast off to 73k Longby BigMeechTrades111
Flag & Inv Scallop to 95k..?is 60,800 holds then we should see 90k in the coming weeks. Invalidation is failure to hold 60,800 with backtest on the daily.Longby MtGoxFX0
I can be bearish or bullish but right now, i am bearish I was bullish before. but now I am bearish because the bottom point that needs to be protected is broken. There are two different scenarios, there is a liquidity below, if the price comes below that point, the decline will continue, but if the previous peaks I mentioned are broken, I can look bullish on the market, but I am currently bearish. Shortby traderlanda1