Get started

BITCOIN / TETHER Standard Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BTCUSDT.PS trade ideas

80k - 82k might be the next stop for BTC!Hello TradingView Family / Fellow Traders, 📦 From a macro perspective, BTC has been trading within the large channel highlighted in orange. The upper boundary of the channel intersects with the 80k round-number zone, which could serve as a strong area for the bears to initiate a correction. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
BTC New ATH EnvironmentEven though price convincingly closed above the ATH with a 1D CC, because it's a Monthly level (March 2024 ATH = level) you have to remain sceptic: it's all about the 1M CC; a LTF setup will determine the closure of the November 1M candle. If price goes down first (low probably inbetween two dashed lines) then it's probably a free bull run. If price however goes back to the highest high and afterwards falls below this structure (blue line) then it's probably a short. Price could also pump and stay above the current highest high, then it's probably also a bull run.
by EyyJasper
Retrace for Bitcoin before going up moreAfter Bitcoin recently achieved a new all-time high, we are now entering a period where the market often takes a step back to consolidate. Following such monumental price increases, it’s typical for Bitcoin to experience a temporary pullback or cooling-off phase, which is a natural and necessary part of its growth cycle. This phase allows the price to stabilize, setting up a more sustainable foundation for future increases. As we head into the weekend, it’s worth noting that weekend trading often brings more volatility due to lower trading volumes. With fewer institutional players active, the market can see sharper fluctuations, which makes it more likely for Bitcoin to experience a temporary decline. This dip provides an opportunity for consolidation, allowing new levels of support to form as some traders take profits and others prepare for the next upward movement. Historically, Bitcoin has demonstrated a pattern of retracing after hitting record highs. These pullbacks don’t signal weakness but rather reflect healthy market behavior as investors recalibrate and the market digests the recent gains. During these brief retracements, the market can gather fresh momentum for future growth. In the broader perspective, Bitcoin’s fundamentals remain strong. Demand from both institutional and retail investors, concerns about inflation, and Bitcoin’s limited supply all support its long-term bullish outlook. A temporary dip simply allows more investors to enter at a more attractive price point, adding strength to the next wave of buying. In summary, a brief pullback after an all-time high is a common occurrence in the market. As we move into the weekend, a minor retrace could set the stage for Bitcoin’s next leg up by building a stronger base. For those with a long-term perspective, this dip may present an ideal opportunity to accumulate more, while traders could find opportunities in short-term volatility. A short-term pause doesn’t change the larger picture; it simply prepares the market for the next chapter in Bitcoin’s journey upward.
Short
by Gollem_
BTC Chart Pattern (Reverse inverse Wedge)So I have done a number of charts that are inherently bullish on BTC, and this one remains no different. I am still expecting $100k BTC, in December, which was mentioned in my discord. The rest of my thoughts, are just predictions in-between that... This chart here, is looking at a reverse descending wedge pattern (If the chart was inverted and the wedge was reversed) - This with a midpoint that so far seems valid. I am taking the logic of a 17% drop to the floor of this wedge, and applying it breakout style to the top of the midpoint, giving us a potential target of $84,312... Now, I couldn't find a valid chart analysis pattern to base this off - As wedge formations are all seemingly in the opposite direction to this, but as we use every other indicator, also in reverse, I don't see why we cannot do the same here. Just throwing ideas - It seems to match up - Only time will tell!... A short term bearish movement may happen, to this midpoint - regarding correctional confine expectations within Bitcoin, although this may not be the case - The target is still $84k here.
Long
by Nightranger_
Bitcoin and altcoin overview (November 08-09)Yesterday, Bitcoin tested the local high once again, but the update was relatively weak. Currently, it is more likely that we will retest the significant volume zone of $75,000-$73,500, from which a buyer's reaction and a resumption of purchases are expected. If there is no reaction, we will shift to a downward structure. Buy zones: $75,000-$73,500 (volume anomalies, accumulated volumes), $71,400-$70,800 (mirror volume zone), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity). Interesting altcoins. For SUI , we may see a decent correction soon after its growth. The cumulative delta has been rising throughout the accumulation period, which could indicate the seller holding positions through limit orders. We are considering a short position if there is a breakout of the trendline and a retest of the volume zone at $2.27-$2.334, or in case of a false breakout of the local high.
by Crypto_robotics
Bitcoin ATH: Potential Retracement Zones and Key LevelsBitcoin current price now is 76k surpassed ATH at 14 March 2024, after surge more than 13% we may see increased speculation and bullish momentum driving the price higher. However, if Bitcoin struggles to maintain upward momentum near this level, we may witness a retracement before the next significant move. Retracements are a common and healthy part of price movement, providing the opportunity for consolidation before the next leg up. On the chart, we observe several retracement levels marked by Fibonacci retracement levels, as well as Fair Value Gaps (FVGs) that may act as areas of support if Bitcoin's rally takes a breather. 1. The first potential support level sits at the 0.5-0.62 retracement level. This zone represents a modest pullback and would allow Bitcoin to establish a higher base without losing its bullish structure. This level falls within an FVG, which might reinforce the zone as a strong support if Bitcoin pulls back to this area. 2. A deeper retracement could see Bitcoin testing the 0.705-0.79 retracement level. This level could attract more significant buying interest, as it represents a meaningful correction or extreme discount zone that provides an attractive entry point for new buyers. 3. Green zone (OB) signaling areas of potential liquidity where buyers might enter aggressively to capture value. Trendline Support and Horizontal Levels Trendlines provide insight into Bitcoin's directional bias. A rising trendline, indicated in yellow on the chart, has been guiding the recent rally and could serve as dynamic support in case of a downturn. If Bitcoin respects this trendline, it would suggest a continuation of the uptrend, with the trendline acting as a safety net for any dips in price. This would allow BTC to pull back and consolidate while maintaining its upward momentum. Another significant level is marked as "rH" around $73,787, a former resistance level that could now act as support. If Bitcoin retraces to this level and finds support, it could reinforce bullish sentiment and potentially lead to another rally attempt. Volume Analysis We also see moderate trading volumes, indicating sustained but cautious buying activity. An increase in volume at higher prices would strengthen the case for a continued rally, as it would demonstrate robust market interest. Conversely, if the volume decreases during a pullback, it may indicate that sellers lack conviction, suggesting that the retracement could be brief and limited to consolidation.
by Perseusx01
Market Analysis: A Breakout to New Highs, but Will It Hold?After a prolonged over 250-day range, BTC has broken out to a new all-time high (ATH) above the $75K zone, fueled by renewed interest following recent election sentiment and influential media coverage. This breakout marks a key technical development, but the question remains: Can it sustain? Key Observations and Price Action Insights New High Zone ($75K): The breakout above $75K looks technically healthy, with price action showing strength and bullish sentiment. To build confidence in a continued uptrend, BTC would ideally hold above this zone consolidating through few days, allowing for a strong base before seeking higher levels. Potential Retracement Levels: Mid-Range Support ($63K): If the current level fails to hold, BTC could revisit the mid-range support around $63K, a key level for possible consolidation and renewed buying interest. Lower Range Support ( GETTEX:52K ): In the unlikely event of a more substantial correction, BTC could target the lower boundary near $52K. However, strong interest from high-profile figures and positive sentiment may help mitigate any significant pullbacks. Strategy Considerations: Traders should proceed with caution while tracking these key levels. Although sentiment and momentum remain robust, monitoring BTC’s behavior at these crucial zones will be essential for managing potential risks. The coming days could set the tone for a continuation or indicate a reversion to established levels.
by hazaq