Bitcoin will obliterate the 69k markCRYPTOCAP:BTC will obliterate the 69k mark ‼️
Buy as much as you can
BTCUSDT.PS trade ideas
Bitcoin Bears Strike! Key Short Entry with Multiple Targets Set!BITCOIN (BTCUSDT) 15m Timeframe Technical Analysis:
In the 15-minute timeframe, Bitcoin (BTCUSDT) has offered a short trade entry at $67,607.9, following a breakdown below the Risological dotted trendline. This signals a potential downside, with multiple targets charted below for this trade.
Key Levels:
Entry: $67,607.9
Stop Loss (SL): $68,227.5
Trailing Stop: $67,676
Target 1 (TP1): $66,842 (First target)
Target 2 (TP2): $65,602.6
Target 3 (TP3): $64,363.3
Target 4 (TP4): $63,597.4
Observations:
The price broke below the Risological dotted trendline, indicating bearish momentum.
Trailing stop at $67,676 is in place to secure profits as the price moves lower.
Bitcoin is poised for further downside, with multiple targets set. The strong rejection below the Risological dotted trendline supports the short bias, and traders should watch for price action around the targets for potential exits or extensions of the trade.
Will Bitcoin Surpass $70,000 ?According to NEWSBTC, October 25th, 2024,
"Would Bitcoin Reclaim $70,000 Soon? Key Data Suggests
Hold Thats The Key".
What this article is trying to show you
is the doubt that financial markets have over the Bitcoin price,
One time I spoke with a customer service agent
And I told him about the fact that I always buy Bitcoin
and that am a hard core crypto advocate.
He still couldn't believe my stance.He kept saying,
"What if Bitcoin goes to zero?"
Bitcoin wont go to zero..
INfact this price action is just like a movie
look again at this chart INDEX:BTCUSD
On the second buy signal
you will notice two double bottoms
right there on the chart,
The bottom I want you o focus on
is the last bottom.
Before the price shot up..
That's the bottom thats repeating on this
second buying signal
Its very important for you to notice this price movement
because history may not repeat itself
But it sure does ryhme.
This price action has made me so excited that's why
I thought I write another article on the BItcoin
price action.
Rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose money
wether you like it or not
please learn risk management and profit-taking strategies.
The #1 Reason Why You Should Still Buy BitcoinBuying crypto can be a bit of a headache if
you have no idea of what you are really doing in the markets
But if you get whipsawed at any point don't worry
Eventually, you will break even
The only expert part of buying Bitcoin that I know
is buying at the right time
To make a permanent profitable position
This position is for the whole year. Now you will
have to sell to make a profit
That's okay but if you know the right
time to buy something, you can plan for the future
on what you are going to do with the profits
Look at the chart of BINANCE:BTCUSDT
Notice that I have put two Buy signal lines.
The first buy signal line has two double bottoms
can you imagine holding your position in those
double bottom prices?
It takes courage to buy Bitcoin
Rocket boost this post to learn more.
Disclaimer: Trading is risky please risk management
and profit-taking strategies.
Because you will lose money whether you like it or not.
bitcoin retest done ready for big fly As i told you in the last analysis the bitcoin will go up after this weekly bull pattern. so yeah just prepare for yourself for 100k btc now US election are near and its time to invest in crypto right okay see you in next analysis.
Shorting from the traditional high on BTCI could argue that the stoploss be taken a little higher but I believe in cutting loosing trades early. The chart looks easily explainable even to a lay man; Since the basic in trading is "selling the roof and buying the floor". We are currently at a known high pricemark that we can see price has been rejecting over time and can say the recent bull rally to the tradinal high is the retest before a sell off to 49K region.
PS: Not a financial advice
Bitcoin sign of strength Looking incredibly bullish. This analysis is wycoff theory. Looking at price action and volume analysis wave by wave
Buyside trade
Buyside trade
Thu 24th Oct 24
7.45 pm (NY time)
Entry 68160.0
Profit level 68158.0 (0.53%)
Stop level 68104.2 (0.08%)
RR 6.47
Entry reason: Using the Footprint indicator
Bitcoin ATH 80K – A Technical Analysis UpdateIn my initial analysis on October 8, I projected Bitcoin's path toward an all-time high (ATH) of 80K based on a thorough review of Fibonacci retracement levels, trendlines, and market indicators. Now, with Bitcoin moving as anticipated, it's time for an update on the technicals and what we can expect going forward.
Key Technical Analysis:
Fibonacci Retracement Levels:
The 0.618 retracement level (~66,666 USDT) has proven to be a strong support zone. Bitcoin tested and respected this level, reinforcing the bullish momentum. With the price hovering around 66K, the next key level to watch is 71,068 USDT (0.5), followed by 75,471 USDT (0.382), which will confirm the trajectory towards the ATH.
Ascending Trendline Support:
The upward trendline I marked earlier has continued to act as a solid support. Price movements above this trendline signal continued bullish momentum, showing that buyers are confident at higher levels.
Channel Breakout:
Bitcoin broke out of its consolidation phase (March to September 2024) in line with the analysis. The breakout from the descending channel is significant, pointing to a sustained bullish trend. This kind of movement typically precedes higher price targets, which aligns with my projection toward 80K.
Moving Averages (MA):
The 50-day and 200-day moving averages are still in a positive alignment, offering support for the upward movement. As long as Bitcoin stays above these levels, the bullish case remains strong.
Volume and Market Sentiment:
Volume has remained relatively steady with no significant drops, which indicates there is still buying pressure in the market. This confirms that the breakout is supported by market demand and not just speculative moves.
Conclusion and Next Steps:
The technicals remain solid, and Bitcoin is following the path laid out in my initial analysis. With 71K and 75K as the next critical levels, the target of 80K remains highly achievable. However, while the long-term trend is bullish, traders should continue to monitor key support and resistance zones to confirm the strength of the move.
In summary, the chart speaks for itself. The breakout, moving averages, and Fibonacci retracements are all supporting the case for a new ATH. Stay focused on the broader trend and be prepared for the continuation of this bullish cycle.
Stay updated for further developments.
BTCUSDT Outlookhi everyone
i felt like sharing today my Idea about btcusdt highly likley to be bullish (it is since Dec'22) nothing new. kindly share with me your ideas as well
BTC LONG 4HR TP:69000 24-10-2024We saw a manipulation but the analysis is still correct, this is bullish towards 69,000
This technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck! 📈💼🚀
BTC LongReceived LONG signal from trading system target is 74k.
Probability is around 80% to take profit from current position.
I reccomend some wait for take some extra profit.
Bitcoin Analysis🟢 bitcoin 🟢
🔵 The positive is still in bitcoin. We only need a price momentum and a strong entry for buyers to cancel the resistance of $ 69000, which represents a strong sale area.
The next weeks are crucial and important for markets, especially with the approaching American elections, which will make Volatile more powerful
Tp:69513 Entry :67360 Sl:66686This signal is for informational purposes only. Always do your own research and consider your risk tolerance before trading.
*#Bitcoin #BTC #TradingSignal #CryptoAlert #Invest #Cryptotrading*
68650 a key level to break if we're going up for BTC Bitcoin68650 a key level to break if we're going up for BTC Bitcoin. We are currently in the golden pocket of the short trend. If we can get above 68650 and close, this is an indication of a trend reversal because it is the 78.6 and also a resistance R2 level.
24.10.24 Whale IndexHello, I'm Whale Signal
Referring to the purple whale indicator in the last four-hour Bitcoin chart analysis, the upper tail resistance occurred several times and eventually failed to break through, accelerating the downtrend
As a result, Bitcoin saw a huge drop of about $2,300
At the time, I mentioned the possibility of going down to the 64K to 62K section in case of further decline, but unfortunately, it has not reached that section and is showing an upward trend again
However, the $2,300 drop was enough to generate revenue from the next day, and if you've used whale indicators to realize profits, congratulations
Now, it's time to pay attention to the Bitcoin hour chart
That's why we believe an important position is being formed right now
1. This is because the bottom tail was formed along with the trading volume where the sales overlapped during the recent downtrend. This can be interpreted as a sign of the market's willingness to rise
2. Since the trap, it has re-entered the market and continues its short-term upward trend, so it is necessary to carefully examine whether this trend will continue without breaking it
3. It also coincides with the Fibonacci 0.382 interval for the recent uptrend, which can expect a stronger rebound
In particular, it is important to closely observe the movement in the retest section if it settles on the white whale surface on an hour stick basis
Since it is a position that has been resisted several times, we cannot rule out the possibility that if it continues its uptrend by breaking through the highs on the white whale index and Dow theory, it will open up further upside sections
Conversely, if we don't consistently break through the white whale indicator and continue to decline further, we'll need to closely monitor market conditions once again and devise a more cautious trading strategy
I hope you will respond carefully to the Bitcoin movement in the future and wish you a successful sale
*I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis*
*For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below*
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1. The whale indicator simply points to support and resistance
2. Please refer to the whale index to find a trading RBI suitable for your analysis
3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy
4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistance
BTCUSDT.P On the 30-minute chart, BTC has formed an inverse hammer candle right under the 200 EMA resistance. This is not a good moment for a long position. We should wait for the price to cross the 200 EMA before taking action.
Thank you for reading.
Bitcoin (BTC): Buyers Took Over The Area of Re-Test!While we were looking for a re-test of a broken zone, we saw that we had some kind of re-test (but very weak and small), while buyers started to take back control near this zone.
Yes, we had a re-test but this was not quite the one we were looking for so while we are approaching the end of the week, we are looking for another test and a breakdown from there as well.
If we fail to see a re-test again, then most likely we will be testing higher zones (major resistance on a bigger timeframe).
Swallow Team
Trading Signal For BTCUSDT Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (Futures) (1h)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 67992.80
⭕️SL @ 69331.46
🔵TP1 @ 65151.64
🔵TP2 @ 63002.58
🔵TP3 @ 60532.69
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
BTC INTRADAY ANALYSISBTC/USDT Technical Analysis Intraday
Date: 10/24/2024
Author: Crypto Rado ( Rhino Aka Bear )
Timeframe: 1H & 15M
🔹 Overview:🔹
After completing the fifth wave in the Elliott Wave count, Bitcoin made a significant breakout of the green trendline. This move was followed by a bounce, confirmed with a bullish divergence on the 1H timeframe. The price reached the 0.5 Fibonacci retracement level, where a bearish divergence formed on the 15M chart, leading to a rejection.
Typically, after such a move, we expect a retest of the broken trendline or a support/resistance flip, where the previous resistance should now turn into support. This area aligns with the 0.61 Fibonacci retracement level from this recent pump, making it a key confluence zone for a potential entry.
🔹 The entry zone 🔹 is set between $66,250 and $66,000, with a stop-loss positioned at the previous low. If this setup holds, it could form a hidden bullish divergence, signaling continuation upward.
🔹The target price 🔹is set between $67,900 and $68,260, providing a solid profit zone for this trade. Given that the risk-to-reward ratio is moderate, I’ll be reducing my risk to generate quick gains and fund future trades with less exposure.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital.
BTC Bull RunIn my opinion BTC has finished its ABC correction.
We are in a bull run.
The entry point is Now, Stop loss and target are on the diagram.
I use a tight stop loss because a different count can be used. Which put our bullish expectation into danger.
so it's better to ride the wave with a tight stop loss.
if the count is correct a bull run would be happened.
