Bitcoin price needs true correctionA bearish divergence has been formed in #bitcoin #btc price in lower time frame. Not financial advice.
BTCUSDT.5S trade ideas
POSSIBLE BITCOIN MOVE FOR THE NEXT 3-4 MONTHS?Pump Phase: During this phase, the perpetrators begin buying large quantities of the targeted cryptocurrency, driving up its price. As the price rises, unsuspecting investors who see the sudden increase in value may also start buying into the cryptocurrency, further fueling the pump.
Update Daily Graphone more wave to the bull run, we going up to 100k for sure(3 months). Daily I put a target on 80k after develop of wave C on Elliot's correction
CONGRATULATIONS YOUR LONG! THIS IS WHAT BITCOIN WILL DO NEXT! For my next play, I am watching for CONTINUATION LONG and deviation shorts or manipulation shorts.
For any of these plays, I want to see a flip in structure on the 10- 15 minute chart or higher before entering. Let’s be ready!
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BTC CUP & HANDLE> WKI see a beautiful Cup and handle pattern on the weekly chart with a Bullish flag inside the handle of the cup. This looks Extremely Bullish to me here. I set a tp around 120k with low leverage. This will be a long Term Play. Lets watch
Maybe?Why Bitcoin Could Reach $170,000 in 2025
As we look ahead to the next 12 months, there are several key factors that suggest Bitcoin could experience significant price appreciation, potentially reaching $170,000 by the end of 2025:
Halving Event in April 2024: Bitcoin's halving cycle, occurring approximately every 4 years, typically results in a reduction in the rate at which new BTC is mined, thus decreasing supply. Historically, halvings have been followed by significant price increases due to this reduced supply and growing demand.
Institutional Adoption: Institutional investors continue to show growing interest in Bitcoin as a hedge against inflation and a store of value. With more traditional financial institutions offering Bitcoin exposure, and major companies like Tesla, MicroStrategy, and even nation-states such as El Salvador embracing Bitcoin, we can expect more capital inflow into the space.
Global Economic Uncertainty: With rising inflation, geopolitical tensions, and economic instability, Bitcoin is increasingly viewed as "digital gold." Investors are looking to diversify into assets that are decentralized and outside the control of central banks. This growing demand, paired with Bitcoin's fixed supply, could push prices higher.
Increased Regulatory Clarity: As governments around the world move toward clearer regulations for digital assets, Bitcoin could become more mainstream. Regulatory clarity would reduce uncertainty and attract more institutional and retail investors into the space, further boosting its price.
Technological Developments: Bitcoin's ongoing development, particularly with improvements in scalability (e.g., Lightning Network), security, and its growing integration into the global financial system, makes it more attractive as both a store of value and a medium of exchange.
Bullish Long-Term Sentiment: Historically, Bitcoin has seen major bull runs after periods of consolidation, especially when combined with strong network growth and increasing user adoption. As we move further into the adoption curve, more and more people are likely to recognize Bitcoin's potential.
Conclusion: While Bitcoin's price is volatile in the short term, the combination of reduced supply, growing institutional interest, macroeconomic uncertainty, and ongoing technological advancements make a price target of $170,000 increasingly realistic in 2025.
Maybe?Why Bitcoin Could Reach $170,000 in 2025
As we look ahead to the next 12 months, there are several key factors that suggest Bitcoin could experience significant price appreciation, potentially reaching $170,000 by the end of 2025:
Halving Event in April 2024: Bitcoin's halving cycle, occurring approximately every 4 years, typically results in a reduction in the rate at which new BTC is mined, thus decreasing supply. Historically, halvings have been followed by significant price increases due to this reduced supply and growing demand.
Institutional Adoption: Institutional investors continue to show growing interest in Bitcoin as a hedge against inflation and a store of value. With more traditional financial institutions offering Bitcoin exposure, and major companies like Tesla, MicroStrategy, and even nation-states such as El Salvador embracing Bitcoin, we can expect more capital inflow into the space.
Global Economic Uncertainty: With rising inflation, geopolitical tensions, and economic instability, Bitcoin is increasingly viewed as "digital gold." Investors are looking to diversify into assets that are decentralized and outside the control of central banks. This growing demand, paired with Bitcoin's fixed supply, could push prices higher.
Increased Regulatory Clarity: As governments around the world move toward clearer regulations for digital assets, Bitcoin could become more mainstream. Regulatory clarity would reduce uncertainty and attract more institutional and retail investors into the space, further boosting its price.
Technological Developments: Bitcoin's ongoing development, particularly with improvements in scalability (e.g., Lightning Network), security, and its growing integration into the global financial system, makes it more attractive as both a store of value and a medium of exchange.
Bullish Long-Term Sentiment: Historically, Bitcoin has seen major bull runs after periods of consolidation, especially when combined with strong network growth and increasing user adoption. As we move further into the adoption curve, more and more people are likely to recognize Bitcoin's potential.
Conclusion: While Bitcoin's price is volatile in the short term, the combination of reduced supply, growing institutional interest, macroeconomic uncertainty, and ongoing technological advancements make a price target of $170,000 increasingly realistic in 2025.
BTCUSDT.P 'buy the rumor, sell the news" ?
"Hello, degens.
This is BTC on the 15-minute time frame. It just dropped below support and is now attempting to recover that level. Volume is starting to flip bearish.
Are you intraday short or long? Stay safe!"
BTCUSDT New position updated It seems going to touch blue line again then going up till 86370
The stock market is highly volatile. Please be very careful with your investments.
BTC 72.4k resistance will break?Market potentially may create higher high but I don't see it 100k, it could be below if it has to happen.
Upside or downside is unsure as of now honestly but frankly, market is still overbought even in weekly TF>
I managed to long at around 66k but with very less confident, but somehow I was lucky for this long trade.
Bitcoin is volatile#bitcoin #btc is trying to break the falling channel just before the elections results. CRYPTOCAP:BTC price has tested 4H ichimoku span resistance zone and for now just declined there. Further declinations will weaken the structure. Very volatile few days we' ll see. Avoid high leverage positions and take care for your funds. Just a friendly reminder.
BTC Thesis RAG-AI. Scalping TodayCrypto Trading Intraday Report
Timestamp: 2024-11-05 17:29:35
Investment Thesis:
As a trader specializing in intraday scalping strategies for Bitcoin (BTC), the current market conditions present a favorable environment for maintaining and potentially increasing long positions. The recent news regarding legal actions involving North Korea's Lazarus Group and the US government's efforts to recover stolen cryptocurrency could create volatility, but the overall sentiment remains bullish. The price of BTCUSDT is currently at $69,890.6900, with a trading volume of 20,543.8700, indicating strong interest from buyers.
Financial Analysis:
Bullish Long-Short Ratio: Particularly in the 1-day and 15-minute intervals, suggesting that traders are leaning towards long positions.
Technical Indicators:
RSI values indicate room for upward movement.
MACD shows positive momentum.
The price is approaching key resistance levels, specifically Resistance_1 at $70,984.9600. If breached, it could lead to further gains towards Resistance_2 at $72,79.2200.
Volatility Analysis:
Average True Range (ATR): Moderate volatility.
Bollinger Bands: Market exhibiting moderate volatility.
Order Book Dynamics: Significant buy walls indicating strong support for upward price movements.
Price Action Signals: Bullish candlestick patterns suggest continued upward momentum.
Data Sources:
Coinglass Data: Real-time data indicates a healthy open interest and a positive funding rate, suggesting that traders are optimistic about BTC's price movement. Liquidation levels are currently stable.
Binance Data: TradingView data shows bullish sentiment in the order book dynamics, with a strong accumulation of buy orders. Volatility index remains moderate.
CoinMarketCap Data: Reports a significant increase in trading volume over the last 24 hours, with a liquidity score indicating strong market participation. Market cap remains robust.
Augmento Data: Sentiment analysis indicates a predominantly positive sentiment towards Bitcoin, with many traders expressing confidence in its upward trajectory.
CryptoCompare Data: Highlights ongoing discussions around regulatory frameworks, currently showing a bullish outlook among traders.
Trade Recommendation:
Outcome: HOLD_BUY
Stop Loss: $68,136.5300
Take Profit: $72,79.2200
Confidence Level: 85%
Exit Point: $70,984.9600
Entry Criteria:
Timeframe: 15m
RSI: Above 50
MACD: Bullish crossover
ATR: Moderate volatility
Bollinger Bands: Price near the upper band
Stochastic Oscillator: Above 70
OBV: Positive trend
News Impact: Ongoing legal actions could create volatility
Historical Data: Recent upward movement after a period of decline
Current Positions:
Open LONG Positions: 1
Open SHORT Positions: 0
What happens to Bitcoin after the U.S. election?The D-Day for U.S. elections is here, and the short-term impact of the outcome on Bitcoin (BTC) could be big.
According to the latest Bernstein outlook, a Harris win could drag BTC to $50K, while Trump’s victory could rally it to a range between $80K-$90K.
The research and brokerage firm cited Harris’s relatively hawkish stance as the reason for BTC’s $50K target.
But if Trump emerges as the winner, the analysts projected that BTC could hit a new ATH, citing the former president’s pro-crypto stance.
Amberdata, a blockchain insights firm, and asset manager Bitwise, echoed the same projection, although with slightly different targets.
According to Amberdata analysts, there could be a $6K-$8K price swing depending on who wins the U.S. elections.
This was consistent with recent action by hedge funds for potential bullish outcomes while covering for likely wild BTC price swings.
Based on BTC’s sensitivity to Trump’s odds on Polymarket, Bitwise analysts found BTC could surge 10% if Trump wins. Conversely, BTC could drop by nearly 10% if Harris wins.
That said, at press time, Deribit data showed options traders were pricing a 21% chance of BTC hitting $80K by the end of November.
When zooming out from the short-term U.S. election noise, BTC’s long-term impact has always been positive in the past three election cycles, with Bernstein projecting $200K by 2025.
Bitcoin Pumping?As before, volume is low. We should drop down to FWB:65K in order for this to be a healthy correction; then pump with better volume.
BTC Lower TimeFrame Target Price: HIT THE TOP!Election hype news still take control for the market, BTC likely pump hard before dump (Sell the news event) after election
BTC Possibly Going to Retest 46k-49k BTC still has momentum to continue bullish but the last few weeks seems it will going to retest 46k to 49k zone as this important levels from monthly candles structure.
BTC gaining momentum: A potential scalping opportunityBTC is gaining momentum, with a bullish divergence signaling potential upward movement. A green candle opening and closing above the 68,109 level could trigger a significant bull run.
Rebound on 65.5kBuy area at 65,500 if we maintain the bullish trend. There is no reason to think differently. When it hits the 55 period average, and moves to the bottom 25% of the trend, we should be in healthy buying zones.
See you in a few days.
DOWN TRENDBTC is in an uptrend on the daily time frame, an inverse FVG was closed below which could either be a pullback or a possible reversal either way we take advantage of it with a 1.5 R:R to stay on a safer side and could possibly trail our positions if the there is a more definite reversal.
Liquidity sweep was marked out as a zone where price could potentially hit , on the 1hr time frame a bearish FVG was spotted and reactions off that FVG i.e rejection to the upside which indicates bearish movement, then on the 15 mins time frame marked a price level (67,736.01) anticipating for a BOS to the downside . Then on the much lower time frames marked out potential take profit levels
Bitcoin updateCRYPTOCAP:BTC forming descending triangle thats a bearish formation, breakdown of this triangle could lead the price of bitcoin at least till 64000$ - 65000$, this down trend and this triangle clearly indicating the price are falling and will go more down. the green price box is indicating higher buying zone from where we can see a pull back to 68000$ again.
US elections matter alot and it will bring huge impact on crypto market, I jjust provide my review about the current direction of bitcoin...
My trades plans are still on short, Im ignoring alts coins and just trading in btc thats giving huge profit with less risk, I might re enter in bitcoin short from 68200$
Bitcoin Analysis Currently on the neck of the market: *make or break!*
1. The market has (in the past 8 months) perfectly followed the support and resistance level. We earlier had a breakout and it seems to be retracing for a retest on the resistance (🟡). Conversely, we have a trendline (🔵) closely following. We'd see how they hold.
2. On the fundamental part of things, the outcome of the 🇺🇸 election (<24hours) would certainly affect the market globally! Coupled with the FOMC meeting this Friday.
Sit back and watch🦦
Personally, I am unbothered by temporary price fluctuations and remain ULTRA BULLISH
Shalom😇
BTCUSDT 1H Falling wedgePossible long trade on 1 hour chart forms Falling wedge pattern.
The 1-hour Bitcoin chart shows a Falling wedge, indicating a short-term downtrend. However, a bullish divergence in the RSI suggests weakening selling pressure and a potential trend reversal. The price is near a support zone, making a potential long entry appealing, especially if there is a breakout above the upper trendline of the Falling wedge. A target could be set around 71,344, with an appropriate stop-loss placed below the support to limit risk. Waiting for confirmation of the breakout is advised to validate the long signal.
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Good look! 🚀
