BTCUSDLONGS trade ideas
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
$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.
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.
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.
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.
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.
Date with the 200 day MAIt appears bitcoin is going to test the 200 day MA, this will take awhile to play out.
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.
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.
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.
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.
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 see
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.
BTC rest of breakoutlooking like Btc is retesting its breakout, must hold this level then blast off to 73k
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.
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.
Rising wedge...?Obviously an incomplete pattern, but if the plays out here are the levels I will be watching.
1. Fib 1.127 is a historically consistent top for BTC on several TF's. Ending here would have strong confluence and make a bearish harmonic as well as a rising wedge.
2. Once the harm retraces to the 050 target, I would expect to see drop below the R. wedge LTL, retest, then continuation to the r wedge tgt around 63k.
3. To make the bottom pattern, I will look for stink buys between 60,800 and 59,500.
4. If 60k doesnt hold, the next support is around 53k.
IF a head n shoulders pattern is to develop, then the high from 3/14 could be the left shoulder and the high that could print around 78k could be the head. In that case we would look for support around 61k as the shoulder level. A H&S pattern with these numbers would have a target of around 53k also.
Pretty much all of this is speculation and hypothetical, so until we get more candles Im neutral on any outcomes. As far as I know, we could go parabolic from here. :)
BTC 100k END OF 2025 IDEAI'm back,
Let me get straight to the point on my macro view (shortened version),
From this point on I think we actually reclaim some levels in the mid 20's, retest lower 20's and then BOOM the real bull trap to upper 20's maybe even lower 30's. They think we are back. Cascading Liquidations. We now wick to sub 10's. You wont be able to catch this wick but it will be devastating for everyone, real capitulation event. After that storm weathers we are quite, everyone is dead. The rest is easy we pump over 100k. (Best opportunity is to buy here personaly bcs you just wont catch that sub 10k wick).
Will post some short term traades in the future, day trade type of stuff so stick with me,
See you on the other side brothers.
Bitcoin Major Update Daily Timeframe Here is the latest update for you panda fam base daily timeframe ! 🐂
With just a quick glance at the chart, you already know what can happen 😉 You are simply distracted with noise on lower timeframes while settling whether to sell your holdings, but you should try backtest this data using the most recent bull run from 2020.
The PBr keylevels + Price Action Fractals #2 are on their approach to consolidation for a solid uptrend, as you can see in the details of both charts using my unique strategy ( PBR keylevel ). Absolutely, this can be invalidated at any point, but the puzzle is almost complete to materiazlied our insight and on the way by 85% for potential impulsive up. The final confirmation will occur if the price of bitcoin breaks over major trend resistance and sits within our range of a clear uptrend. So, get ready ! 🚀
If you don't hold, you will never become rich. I wish you luck as you continue to diversify your assets and grow your income streams. 💎
Bitcoin Shorts Increase Per Cradle Reversal Pattern
On March 27 I went on a kindred spirit's idea titled:
12 Things That Suggest BTC is a Speculative Bubble
I posted this comment:
"I don't want to impose. Therefore I'll ask the author for a posted chart since the the March 14 high on BTCUSD Shorts. Thanks
On the current hourly chart it looks like a cradle. Someone is rock'n the cradle! YEAH!
Notice how low the volatility was, aka a Bollinger band squeeze since the low on March 25 approx 13:00 EST until today approx 09:00 EST. Then notice what occurred next. BOOM, short positions exploded upwards!"
Earlier today I posted it and it appears to have disappeared. Therefore I decided to post it here.
As this chart indicates per my markings since bitcoin's peak on the March 14 2024, I believe a cradle reversal pattern has formed at the low of wave 2 or B(pink circle).
I decided to post it based on the 4 hour time frame.
BTCUSD And Understanding what is RealityHey Guys, filming this one from the South of France before off to Monte Carlo Later!
As we said previously, the rally up to early resistance on BTCUSD was fended away, as we suspected.
If you are sitting on your hands waiting (diamond hands) You may be sat for a long time...
ANY market needs a reason to rise.
Markets tend to take longer amount of time because economic stimulus has to change.
Anyhow, this is what we are looking for now!
BTCUSD Longs/Shorts Ratio Shows Support For BitcoinBTCUSD Longs/Shorts Ratio chart came back to the lower side of a range very quickly, which can be supportive for the Bitcoin based on the past reactions, so be aware of a bullish continuation.
