BTC updateBTC: Those Lines (levels) and Arrows are on the way to the 80600.
80.6K is 1st reliable Target on the way to much higher price. BUT - step-by-step
BTCUSDT.P trade ideas
#BTC pullback started?📊#BTC pullback started?
🧠 We finally broke out of the multiple resistance zone and started to fall back. From a structural point of view, the short structure was established. The first stage support zone is around 70500-70800. The ideal target zone of the short structure overlaps with the neckline support zone, so this will be regarded as the heaviest support zone. If you want to participate in long trades, you can consider doing it here.
➡️Yesterday, although we were in multiple resistance zones, I found a small cycle buying opportunity, so I tried to participate in some long trades. Finally, I set a break-even after locking in the main profit. Now even if it falls, I will not lose money. I made a small profit. Congratulations. 🍻
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BINANCE:BTCUSDT.P
The BITCOIN Entered Only UP Zone🔥 And Finally Done, Although I Expected a One More Leg Down Before Breakout The Trend Line But Today The BITCOIN Price Break The Main Trend Lone By The Strong Green Candle
👉 Currently All Of The Bearish Scenarios Are Invalidated And The Next Main Target Is 89k
BITCOIN ON RESISTANCE, WATCH FOR THESE IMPULSES NEXT!Bitcoin recently tested a major resistance at $73,600, where selling pressure emerged on lower timeframes. A breakout followed by a pullback may occur after the third impulse completes, potentially driving downside momentum to gather liquidity around the key support zone near $66,670. At this level, we could see supported price action aligning with the recently established bullish channel and trendline. With a clear bullish reversal from this low, the rally is expected to continue, aiming for a fifth impulse that could push the price above $80,000.
BTC DiamondI've recently noticed the Diamond pattern on BTC chart. According to this pattern Bitcoin is preparing for a pull back to $40k price tag. Of course, it doesn't have to happen, it's just what the pattern says. Anyways I'll leave it here for myself.
bulish market in the futher....chart in the time month 88% growth... after the pattrn cup and reject the area support and similer than the pass maybe in the futher btc growth88%....
BTCUSDT 3DConfirmed fake out on BTC 3D timeframe
We should see a retest of the 50% retraction of the movement.
Perfect entry point close to the orderblock on 52k-55k
This can be invalidated if we close the weekly above the trendline.
Bitcoin broke outCongratulations to investors still holding! Well done one and all. I’m happy to be here too. I am new to this bull run and bought august thru the new year of 2024.
I hope this chart passes through our Mods and is seen as a fun celebration of the day….today was fun as all damn get out. The retest is behind us and we have four exponentially larger candles in a row going in the correct direction!
Technical Analysis:
If we could all draw our attention to the left handed middle fingers…the high to low that this finger has created (as terrible as it has been) is thankfully a decreasing percentage, particularly notable in the September range. There is a tiny, faded fu in early October and a similar sympathy dip in the third week but the strength of the asset is starting to flex. FASB rule revisions are now just around the corner, the ETF’s have held it down likely as long as they can for at least a few months and I really think it’s a time to celebrate. Seriously, congratulations good people!
The last indicators I’d like to highlight are the lines through the hands. These are key. The top line that kisses the tip of my middle finger is of course the bottom of the BTC range but the line that connects through our knuckles clearly shows a hockey stick formation…likely made of hickory. I thought it best to throw some speculation on the chart in case I needed an out for anyone thinking this is financial advice. It is not financial advice. Follow the trend you see.
Take care all,
MR
forcast "BTC""I believe that the current global geopolitical climate, the U.S.
elections, the tense situation in the Middle East, the post-Covid landscape, inflation,and economic instability in the world shouldn't be analyzed traditionally .
instead, we should stay on the safe side.
today, i don't know if bitcoin is safe or risky,but there's no choice but to stay in the game"
Bitcoin Faces Bearish Pressure Amid Tether InvestigationIf you didn’t purchase BTC before the last rally:
Now Bitcoin's recent performance may be overshadowed by growing concerns surrounding the stability of the cryptocurrency market, particularly in light of the U.S. Department of Justice (DOJ) launching a criminal investigation into Tether, the issuer of the popular stablecoin USDT.
According to reports from the Wall Street Journal, this investigation, spearheaded by the U.S. attorney’s office in Manhattan, is examining potential violations of sanctions and anti-money laundering regulations.
Tether has been a crucial component of the cryptocurrency ecosystem, as its dollar-pegged stablecoin is widely used for trading and liquidity across numerous exchanges. Any negative developments in the investigation could undermine confidence in USDT, leading to broader implications for Bitcoin and other cryptocurrencies that rely on stablecoins for stability and transaction efficiency.
Investors may become increasingly wary, fearing that regulatory actions could restrict Tether's operations or even jeopardize its ability to maintain its peg to the U.S. dollar. A loss of faith in USDT could trigger panic selling, as traders might rush to liquidate their positions in Bitcoin and other assets, leading to increased volatility and downward pressure on prices.
The scrutiny surrounding Tether could prompt regulators to examine other stablecoins and cryptocurrency projects more closely, adding to the uncertainty and potential for further regulatory crackdowns. This environment of increased regulatory oversight could deter new investors from entering the market and may lead existing investors to reassess their positions.
11/03/24 Weekly BTC move planning11/03/24 Weekly BTC move planning
- Two potential reversal zones identified.
Awaiting consolidation to make decision for entry.
BTCUSDT.1DAnalyzing the BTC/USDT daily chart, I've identified several key elements that will guide my trading decisions moving forward.
Key Observations:
Trendlines: A rising support trendline (green) has been effectively holding since July, suggesting a strong upward momentum. The price has respected this trendline multiple times, reinforcing its significance.
Resistance Levels: The immediate resistance is highlighted at 'R1' ($72,357.85). This level previously acted as resistance in early October, making it a critical point to watch for potential price reversals or breakthroughs.
Support Levels: The nearest support, marked as 'S1' at $65,390.97, is crucial. If the price breaks below this level, it might test the next support at 'S2' ($59,138.45), which aligns with past pricing behaviors observed in September.
Technical Indicators:
Stochastic RSI: Currently in the middle range, suggesting neither overbought nor oversold conditions, providing no immediate directional bias from this indicator.
MACD: The MACD line below the signal line and the histogram fading suggest a potential loss of bullish momentum. It will be crucial to monitor this indicator for signs of a crossover that could indicate a change in trend direction.
Trading Strategy: Given the current chart patterns and indicators, my approach involves watching for a decisive breakout above 'R1'. Such a breakout could signify continued bullish momentum, potentially making a move toward the upper resistance level viable. On the flip side, a break below the current support at 'S1' would prompt me to consider a short position, targeting 'S2' as the next support zone.
Risk Management: Implementing stop-loss orders just below key support levels will be vital to protect against unexpected reversals. Similarly, taking profits near resistance levels can help lock in gains before potential pullbacks.
Conclusion: The market conditions for BTC indicate a bullish trend but approaching significant resistance. The near-term market behavior around 'R1' will be critical in determining if the uptrend will continue. Monitoring MACD and Stochastic RSI will provide further clues to possible shifts in momentum. Always, the execution of trades must align with sound risk management practices to navigate the volatility inherent in cryptocurrency markets effectively.
BTC TO THE MOONGood week 😊
Bitcoin and other indices continue their bullish and positive trend, driven by a wave of good news that pushes the chart upward and leaves sellers behind. From a technical perspective, there’s an interesting phenomenon: after each rise of over 10% in the chart, there’s a "correction" of about 6%, which is currently being reflected. At this moment, I see an accurate halt in buying power and a shift in momentum as we test critical levels.
Of course, if we drop below 68,400, we all know what will happen, and the way "down" will be clear. However, for now, I believe the correction is ending, and from here, we’re likely to see strong growth—possibly even reaching 75,000 this week—especially considering that there’s over $800 million in liquidations around the 74,000 mark.
From a fundamental perspective:
This looks to be one of the most interesting weeks to trade in the near future, with several key events:
U.S. Elections
Purchasing Managers' Index (Services)
ISM Index
Crude Oil Inventory (moving with the broader market)
Initial Jobless Claims
Interest Rate Decision! (after Powell’s hint at a potential rate cut in the upcoming decision)
Statements and press conferences to follow.
And, of course, let’s not forget that we’re in the peak of the quarterly earnings season, which certainly has an impact on the market.
Wishing everyone a blessed, green, and strong week!
Btcusdt 15min Inverse head and shouldering the 15 min push the price past 70k if this pattern plays out Btc can try and re take that level before the weeek is over . Anything could happen at this point with the uncertainty of elections date on Tuesday so for now would be better to hold cash and and a stop loss below hr support which is at about 68,700. 15 min charts sometimes get invalidated more often than longer time frames
SURELY NOT! MY NEXT MACRO PLAY WILL WE DEVIATE ALL TIME HIGH OR MANIPULATE FIRST?
If we break past the manipulation threshold at 80K with a candle body close. PRICE DISCOVERY MODE WE GO. Could we be in for a ride like GOLD.
FOLLOW FOR MORE
BTC trade setupjust maybe
btc is bullish
but it need some correction
in case of correction , this setup might be helpful
BTC retestingBTC is retestng 1D downtrend channel upper border atm.
I guess everybody are waiting for the tuesday?
$BTCUSDT is ready to break the ATHBINANCE:BTCUSDT.P
Ok. Early I published idea about correction. But now, it happen and we must be ready for this long.
I think that this entry point will perfect now.
Entry: 69575
SL: 68153
TP: 73783, 75120
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#BTC New Trading Opportunity📊#BTC New Trading Opportunity🔥
🧠From a structural perspective, we are stuck in multiple resistance zones. We are only $200 away from the all-time high, maybe we need a healthy pullback to regain momentum.
➡️If we start to fall from here, then watch for the area where the yellow support zone overlaps with the green buy zone
Let's see👀
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BINANCE:BTCUSDT.P
Spotted 263 million Whale in position Let's see how he is going to play this, at 200 mils these whale can move 5-7K BTC price at multiple orders
NEW IDEA FOR BTC Uncertainty in the US presidential election causes Bitcoin to fall
By examining the trend in the one-hour time frame, Bitcoin is fluctuating in a descending channel, and now there is a possibility of a price decrease due to the placement of the rate below the moving averages of the ALLIGATOR indicator.
In general, this scenario is reinforced that Bitcoin can decline to the support of the bottom of the channel in the range of 68067, provided that it maintains and does not record any one-hour close candle time above the resistance range of 70,558-70,236.
Bitcoin Trend Analysishello guys
As you see price breaks 69000$ zone and now this zone became support. So i think 69000$ level will be hold and price after range makes a HH
Always DYOR
