BitcoinBullishness remains, should it retrace to 70000 i'll be looking to add to my long position with a first target at 80000Longby lell03124
The $100,000 Bitcoin Chase: Can You Catch It?Hello traders, It's been a while since BTC reach all time high $73000 spot. As you traders notice that price started making all those LH, HH and even LL making the market in a state of uncertainty. In fact, the BTC market is accumulating a very strong momentum making ready to skyrocket at time especialy at this time when Gold is making superbe HH. I am seeing Bitcoing nothing but going forward the golden spot $100000! Keep a close eye on the market and never miss the great opportunity when it comes. Good luck!Longby YMtradingsystem3
BTC and SOL Form Bullish Cup and Handle PatternBINANCE:BTCUSDT and BINANCE:SOLUSDT technical analysis update. BTC and SOL are showing similar chart patterns, each forming a cup and handle. Currently, both SOL and BTC prices are trading within the handle, moving toward a potential breakout. If this breakout occurs, we could see a strong bullish move in both assets. SOL has already risen 2600% from its bottom, and a breakout could potentially lead to a further 200-500% increase. BTC, on the other hand, has gained 360% from its bottom, and a breakout from this cup and handle pattern could yield an additional 100-200% upside.Longby HexaTrades3
Bitcoin / TetherUSHello community, Small daily chart on BTC. I have displayed the accumulation zones. The historical high is at $73,777, I think we will go for it. The 200-period simple average is flat. Not being a crypto specialist, my analyte may be wrong. Make your opinion, before placing an order. ► Thank you for boosting, commenting, subscribing!Longby DL_INVEST4
#BTC 72800 $ Confirmed. ..#BTC 72800 $ Confirmed. .. Watch My Previous Analysis For #BTC.. And All ALTS Exit Pump Series.. Longby ShashvataTradingUpdated 4
BTC broke out of rising wedge pattern! BTC broke out of rising wedge pattern ; In this technical analysis, Fibonacci retracements of price and time were used to compare the strength of buyers and sellers. As we can see, after an impulsive wave where BTC's price increased to 73,600 over 182 days, it corrected by only 50% over the next 182 days. This means that the market has given sellers as much time as it did buyers, but their strength was half of that of the buyers over the same period. With this description, we can expect the end of the corrective wave and the start of a new impulsive wave, but before that, the previous high of 73,600 must be broken to confidently enter a long trade. Also, the 70,000 level is an important area for BTC; if BTC can hold this area, the likelihood of its rise will increase significantly. This analysis will be updated in the coming days.by habib75rajabi2
BAT patttern in BTC market to correctwe can see the bat pattern in BTC which can be reversal pattern. I am targeting 62000 from here and massive correction in BTC. Decrease in Volume. 69000 strong resistance. Bearish Divergence in 4 hrs Time framsShortby limitissky772
ANALYSIS | Crypto by MARKET CAPAs of time of posting, according to a reliable website the top 10 cryptocurrencies by market cap are as follow: 1) Bitcoin / BYBIT:BTCUSDT 2) Ethereum / BINANCE:ETHUSDT 3) Tether / COINBASE:USDTUSD 4) Binance Coin / BINANCE:BNBUSDT 5) Solana / BINANCE:SOLUSDT 6) US Dollar Coin / KRAKEN:USDCUSD 7) XRP / BINANCE:XRPUSDT 8) Dogecoin / BINANCE:DOGEUSDT 9) Tron / BINANCE:TRXUSDT 10) Toncoin / OKX:TONUSDT 11) Cardano / BINANCE:ADAUSDT 12) Avalanche / BINANCE:AVAXUSDT You can find and track this easily by searching "Cryptocurrencies by market cap" or something in that line. On the charts you will see the king - Bitcoin, as well as TOTAL (total cryptocurrency market cap) which is currently at 2.28T, and at the bottom right TOTAL3 (total cryptocurrency market cap without BTC and ETH), currently at 6.19B. It's important to note that BTC determines the general direction of the altcoin market, but Cryptocurrencies do not necessarily move together with traditional assets such as stocks. That's why it's important to determine the macro trend before trying to analyze any individual coin. This is especially true for crypto's with a higher market cap. As you begin to look at altcoins that have smaller or micro market caps, they tend to dump/pump unexpectedly without moving together with BTC. You'll often notice that the top 5-8 alts have similar chart patterns to BTC. Although they do still move within their unique support/resistance zones, it's safe to say that when you see a H&S on Bitcoin, you'll probably see it on the large-cap coins as well. I will say this - it's not the case for XRP and ADA. (I'm surprised to see they still hold such high positions in the ranks and I have a hard time identifying the potential reason for this other than old bag-holders/cult following). With this info, you can conclude to a range of different outcomes, including but not limited to: 🥠 Using crypto as a hedge against traditional assets 🥠Using microcaps as a hedge against BTC 🥠 Microcaps carry more risk That all being said - trading is risky, and crypto particularly more so. Even hedging doesn't guarantee safety when it comes to crypto. ____________________________by CryptoCheck-2
BTC/USDT Analysis 📍 #BTC/USDT Analysis Bitcoin #BTC has finally broken out of a broadening wedge pattern after 8 months of consolidation, indicating strong potential for a midterm rally . The midterm target lies between 88k - 90k if this momentum continues. This breakout could lead #Bitcoin to new Longby VIPROSE2
HelenP. I Bitcoin will exit from pennant and then continue riseHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price traded below support 2, which coincided with the support zone and soon broke this level. Then price tried to grow more, but failed and dropped to the trend line, breaking support 2 one more time. After this movement, the price entered the pennant, where it made at once a strong impulse up, breaking support 2 again. Then price continued to move up and later reached support 1. Price some time traded near this level, then broke it and some time traded inside one more support zone. Next, BTC little grew and then dropped below 1st support level, breaking it again, but soon turned around and backed up to the support zone (68200 - 67700). After this, the price bounced down to the trend line, after which turned around and rebounded up to the resistance line of the pennant and now trying to exit from this pattern. So, in my mind, BTCUSDT will exit from the pennant, make a retest, and continue to move up. That's why I set my goal at 71000 points. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelen2217
BTCUSDTBTC ~ 1D Update #BTC As we expected. A new ATH is only a matter of time. The bullish party has just begun.Longby CryptoNuclear111
Chart Pattern Analysis Of Bitcoin K2 nearly close upon the neck line, And K3 keeps climbing up. It seems that the large scale consolidation had ended. And another bull run had started earlier. If I hadn’t bought it earlier, I will have to buy it here. If the close price of this month close at high price area, It is very likely that the three years bull market will finish its motive wave(5) in the following 6-7 months.Longby nothingchangehere113
BTC....ATH INCOMING???Hello all, Today we will be discussing the current outlook of BTC. Price has broken out of the downward channel on the daily timeframe and is currently retesting the resistance level of $74-72K. I expect to see a pullback to retest the new support area around $69-67K and continue the bullish momentum Longby Miles4life1110
BTC Momentum lagging?BTC has been kind to us so far, and has seen 36% movement since September, it's due a small correction here... As such, I have closed my previous long, and opened a short, above the parallel channel here. Shortby Nightranger_1110
New week new play: My next play !Bitcoin is still dancing in this beautiful range. Why is it beautiful? because the rick to reward on a range deviation play like this is very rewarding we are talking 15X to 20X return on investment. Lets see how the price action develops. For my next play, I am watching for deviation shorts i n the internal and external range, but will also be watching the 4h supply above for a reaction. I am also aware that we could break out of the range and will be watching for continuation plays. For any of these plays, I want to see a flip in structure on the 10 - 15minute chart or higher before entering. Let’s be ready! Make sure to follow for regular updates and insights! 🔔💡 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁 by Trade-Journal223
Bitcoin (BTC): Price Still Trading Below Major Resistance ZoneBitcoin had a nice small rollercoaster movement last week, where we did have some kind of rejection from major resistance zone but not strong enough. Buyers took over that dump and now they are yet again pressuring that major resistance zone (which might indicate to a possible liquidity sweep near $72-73K) With that being said, we need to monitor closely the candle movement near that resistance and look for any signs of weakness. Either way, it will happen, so now we just have to wait out it! Swallow Team Shortby SwallowPremium2222
BTC updateBTC - Target of 70K has been reached. New target is set to 80.5K as the 1st reliable target. Sure on the way there we'll have some mid. targets (for instance 72.5 as imminent one)... Good Luck!Longby sunmikee114
Simple & CleanMarket is all speculation this is NFA. Do your research and analysis, and stay safe and focused out there! I realized throughout trading that the simpler the analysis is the better. What are your thoughts on this? Looking forward to your comments.Shortby FXwabz2
Bitcoin Buy Signal (1H)MEXC:BTCUSDT As we knew before that when IDMs got grabbed, after getting a SCOB on our structure time frame, or wait for a ChoCh on the lower time frame (which now the LTF is 5 mins chart), we can get into the position (which here is a Buy Position). And now we had a ChoCh on the 5 mins time frame on Bitcoin which allows us to open a Buy Position. P.S: Money & Risk Management is Crucial, Because nothing's certain in the market. :) I will update Bitcoin regularly, Follow me on TradingView for more. Happy trading.. Cheers, AurioLongby x-AurioUpdated 3
BTC LONG 8HR TP:69400+ 27-10-2024New analysis on an 8-hour timeframe, expected to fulfill in 2-3 days. Speculating on manipulation to push above 69,400 up to 72k. This trade is based on a potential manipulative move to liquidate longs. The analysis remains bullish. #Trading #BitcoinLongby ReyDragon21Updated 2
BYC WILL BRAKE 73K THIS IN 10 DAYS!hi , what do you need to believe the truth? Eliot waves telling us its will happen in future days. Prices retsest successfuly the descending channel and now we are in wave 3 of 5 form Eliot waves. Wave 3 is so strongest wave and we can see huge pump in this weak. Anyway trade with your own risk and good luck 😉Longby vmoradian62
Bitcoin: A Bullish Flag? Altcoins, The Merge & 40KThe hammer as a candlestick pattern always works as a reversal signal, regardless if it comes at resistance or support. Bitcoin is moving within a broadening channel, doesn't look like a we have a bull flag on the chart. Each trendline shows three reactions based on candle wick. No sessions are ignored. No candles crossed. Perfect drawing of the pattern and you fail to see a flag. A hammer showed up on the 1-April session and this led to a drop. This happened after several weeks of bullish action, the situation is similar today. After the 5-Aug. session, we have 11 candles (11 weeks) and Bitcoin continues to trade below the high that produced the 5-Aug. low, 70K. These are bearish signals pointing toward lower prices, nothing changes so far based on TA. ➖ Will Bitcoin move down or will Bitcoin grow? Short-term, the chart is pointing down based on the signals mentioned above. If Bitcoin can move and close weekly above 70,000-71,000, everything changes from a TA perspective because we would be looking at a higher high. Right now, the bearish potential remains intact because have a long-term sequence of lower highs. There is also a long-term sequence of lower lows. Let's say Bitcoin drops but recovers before hitting 49K and moves to 72K. This would produce a higher low and the chart conditions change. But if instead, Bitcoin drops and hit 42K, we have a new lower low and unless Bitcoin moves back above the last high, which in this case would be 69,500 (21-Oct.), we would then remain alert for a new lower low. This is how we look at Bitcoin through a chart, but there is more. We have many Altcoins, thousands, and many move and produce the same patterns as Bitcoin but not at the exact same time. Some move ahead of Bitcoin, others lag behind. Since they always do the same, we just need to spot those that moved ahead and use these Altcoins to predict where Bitcoin is headed next. One great example is the Ethereum merge. ETHUSDT is trading at the same level at which it traded back in February 2024. For Bitcoin, this would mean a price below 49,000, around 44,444. Thanks a lot for your support. This wouldn't be the end though. Ethereum moved ahead, if Bitcoin moves down to match Ethereum, Ethereum can move to produce the next step. If ETHUSDT continues to crashes and reaches the same level it traded back in October and September 2023, you know what that would mean for Bitcoin? You can also consider Cardano and smaller pairs, they produce the exact same patterns but being smaller, these moved ahead. While Bitcoin and some of the giants peaked in March, some of these pairs peaked in January others even in December and November 2023, but the bigger chart structure is the same. I am very curious and interested in knowing, do you think Bitcoin will move to 100K before moving lower? If yes, when? Do you think it will take weeks or months? If no, how long do you think it will take before the next major drop? Leave a comment with your opinion, it is very important, it is needed to gauge the market sentiment and what experienced traders know. Feel free to boost if you enjoy the content. Thanks a lot for your continued support. Namaste.Shortby AlanSantana2227
If you are uncertain, put your holdings in a stable coinIf you have been holding for a long period of time and you're uncertain of where the markets will swing due to the elections, the safe thing to do is sell your holdings into a stable coin, then wait for the markets to stabilize before getting back in Also, if you plan on riding the swings of the volatile market remember to put your system first and your emotions second. There's nothing more disheartening than making big losses during a bull run16:37by Blayno_MTOPS1