BTC UPDATE AND ANALYSISBTC is still in bullish trend but due to US elections market is being manipulated. Currently I have marked area where we can see pump after grabbing liquidity and MSS. Big pump after grabbing this liquidity.
BTCUST trade ideas
Bearish Reversal or Bullish Continuation?Using a trendline on the close of the weekly candles we can see a clear breakout. While price has broken out of the downtrend line, price is facing residence exactly at the previous high and a giant bearish weekly candle is printing. I’m 50/50 right now. This weekly candle can be the beginning of a very ugly bear market, but at the same time we cannot neglect the fact that price has broken out of the downtrend and this may be a retrace for a retest on the weekly chart.
Retail traders expecting bullish BTC ahead of electionsAccording to the CBOE COT report, most non-reportables (aka retail traders) are expecting bullish results in the coming days/weeks.
This is opposed to the positions of hedge funds, who are hedged neutral, likely expecting a bearish response to buy into dips later on.
A likely fakeout of the triangle will lead to a price around 64.9k, which is a decent 5% correction from current levels.
Bitcoin Forming GraveStone Doji "A reversal is on the horizon".
A "Gravestone doji" is a pattern of candlestick analysis that forms at the top of an uptrend and warns market participants of a bearish trend reversal. Sometimes, this pattern emerges at the bottom of a downtrend, signaling a bullish reversal.
Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
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"
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.
btc down now Current market conditions indicate a potential downtrend for Bitcoin (BTC) against Tether (USDT). Key factors suggesting a short position include:
Technical Resistance Levels: BTC has recently encountered strong resistance at the $30,000 mark, with repeated failures to sustain upward momentum. This suggests the possibility of a reversal.
Overbought Indicators: Several technical indicators, such as the RSI (Relative Strength Index), are showing overbought conditions, indicating that a correction could be imminent.
Market Sentiment: Recent sentiment analysis reveals a growing bearish sentiment among retail investors, often a precursor to downward price movement.
Fundamental Factors: Potential regulatory concerns and macroeconomic conditions could impact market confidence negatively, further pressuring BTC prices.
Volume Trends: Decreasing trading volume during upward price movements points to weakening buyer interest, increasing the likelihood of a price pullback.
Given these factors, initiating a short position on BTC/USDT may align with current market trends, but it is essential to set stop-loss orders and manage risk appropriately.
#Bitcoin update on #election dayHere is my plan for election day on bitcoin... Just trading bitcoin because the dominancy... Altcoins will come later...
Trade safe, it can be very volatile... Doing risk management...
PS: On my video I show higher lows but saying higher highs :)...
Understanding the Danger Zone of trading. They occur oftenPatience is key, but it's easier said than done. Many of us, myself included, have fallen into the trap of opening trades at the wrong time and in the wrong place, driven by impatience.
A powerful way to avoid this mistake, especially in fast-moving markets, is to use the Gann Tool on higher time frames. The secret lies in identifying when the price is in the 'killzone'. When the price is here, it's a clear signal to step back and avoid taking trades.
Stay patient, stay safe, and make sure you're trading when the conditions are in your favor.
#TradingTips
#GannAnalysis
#MarketPatience
#TradeSmart
#KillzoneAvoidance
#ForexStrategy
#RiskManagement
#TechnicalAnalysis
#TraderMindset
#PriceAction
Bitcoin Short Signal | 4-Hour Timeframe🟣 Entry Point: Bitcoin recently lost the key support level at $68,800 with a strong bearish candle, signaling sellers’ intent to push the price further down. This break opens an opportunity for a short position.
🟢 Technical Analysis: The $65,000 level stands as an important dynamic support. This level aligns with a trendline connecting two major lows at $49,000 and $52,500. If the price reaches this zone, buyers may temporarily halt the decline. However, if $65,000 breaks with strong selling pressure, Bitcoin may likely target lower levels, indicating a further weakening in the market structure.
🔴 Key Levels:
Entry: After breaking and consolidating below $68,800
First Target: $65,000, as a dynamic support level
Second Target: If $65,000 breaks, there is potential for a move toward lower support levels
Bullish for bitcoin Hello guys btc drop to my low risk area 68k to 69k so here we have a good oppertunity before US election for buy bitcoin.
tp 100000 dollars per bitcoin
BTC - 76K in the making?Hi, hope you are doing fine. To be honest its hard to tell, but price discovery can take us to 76K or even higher. I belive it will happen and Im holding my longs. Regards.
#BTC Can it challenge ATH this time?📊#BTC Can it challenge ATH this time?
🧠From a structural perspective, the goals of the bullish structure of the cup and handle have all been achieved, but the long target at the daily level has not been fully achieved, so there is a possibility of continued rise, and it is only about a thousand dollars away from ATH. But we are indeed in the resistance zone, the risk of chasing the rise is very high, and the profit and loss ratio is not good.
➡️If you want to short, there is no short structure here, so there is a contradiction, so continue to be patient and wait and see.
➡️If you hold long orders according to my previous posts, then you should choose to take all profits in this overlapping resistance zone to prevent a large retracement of profits.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BINANCE:BTCUSDT.P
BTC will touch its ATH soon!BTC in daily timeframe is approching to its ATH at 73853 and I think it will touch ATH very soon.
At the moment we are inside of a Bullish minor structure that being created in a Bullish major structure and its telling us that BTC is going to pump!
You can see how i drawed #TrueSMC Structure for that and you can update it on your chart to know which prices are good for buying more.
Bitcoin short from 74kWaiting for a tap at previous ATH region that formed in march 2024.
Looking for at least a 10% drop from that region.
BTC updatePrice finally reached our first support zone after 6% correction & respected our number and showed nice reaction to it
Now we have to see how much recovery we can get from this support before going down again
5 REASONS TO STAY IN THE CRYPTO MARKETThe end of September aka rektember historically the worst performing month of the year is in sight, and October is fast approaching.
1/ October aka ‘Uptober’ or better to say "Moontober" is historically one of the best performing months of the year and in the past two bull run years October’s have all been green – third time’s a charm? FYI last year we pumped 29% and so many of us ordered Countach
2/ It ain’t just October – Q4 historically yields the highest returns of the year
Excited for Uptober? Just wait till we hit No Loss November baaaby!
3/ M2 projections vs. CRYPTOCAP:BTC looking bullish
M2 tracks the global supply of money. The more money is in the system, the more of it can flow into crypto. Here’s Bloomberg’s 10week projection of M2 supply (black) overlaid with CRYPTOCAP:BTC ’s current performance (red)
4/ The bull market historically takes off at this point
See that white line? That’s the current cycle
as you see The crypto market seems to be following historical bull market trends closely. We've experienced a stronger than usual rally ahead of the halving, largely driven by expectations around spot Bitcoin ETFs. However, the post-halving rally has been weaker, bringing the market back in line with typical patterns seen in previous cycles.
Potential for Growth: If past cycles are any indication, the market is expected to gain momentum from this point onward. Historically, after a weaker post-halving phase, a significant upward surge is needed to complete the cycle.
Cycle Length Considerations: There is evidence suggesting that each crypto cycle is lengthening in terms of duration. This trend may reflect increasing institutional involvement, as longer cycles often point to a more mature and stable market
5/ Rate cuts are here!
The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020.This is now the most unexpected Fed decision since 2009.
And lowered rates allow more money to flow into markets over time.
and after btc pump we will have sweet alt party so buckle up and be ready for printing money
Bitcoin's Bullish Pathway to New Highs
Technical Analysis:
Bitcoin (BTC/USDT) continues to maintain a bullish structure as it stays above the Bullish Ribbon. This indicator shows a strong upward momentum, with the price maintaining higher lows and bouncing off key support levels. The recent breakout above 65,000 has further solidified this bullish stance, making it an essential support level that the price needs to hold to maintain upward momentum.
Key Levels and Potential Targets:
The next major resistance lies at the 73,000 level, which, if broken, could pave the way for a more substantial rally towards Fibonacci extension targets at 84,000 and 106,000. These levels align with historical price action and projected extensions, which could serve as major areas of profit-taking for bulls.
TSI Indicator and Momentum:
The True Strength Indicator (TSI) is above the zero level, reinforcing the bullish outlook. Higher lows on the TSI confirm sustained buying pressure, adding confidence to the current upward trajectory. As long as TSI remains above zero, the bullish momentum is likely to continue, supporting potential moves toward the next resistance levels.
Outlook:
Bitcoin is showing clear bullish signals across multiple indicators, and the trend remains positive as long as the price holds above 65,000. With the Bullish Ribbon and TSI both signaling strength, the path to 73,000 and potentially higher levels remains open, as long as bulls defend key support zones.
👨🏻💻💭 Are you ready to ride the Bitcoin wave? Share your thoughts below and give this analysis a boost if you’re as bullish as we are! 🚀
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BTC/USDT.P UpdateIf we ignore the election, we had a bearish weekly candle close this past week so I anticipate a sizeable pull back. If we considering election effects, usually the election week is bearish and then an unconditional rally comes soon after; typically it will last till the end of the year. If this pattern holds true, I would personally hedge a trade to profit on both sides. I'm still long term BTC bullish, but this week, I will consider shorting to hedge against my longs. I have marked a few places where I would take TPs on the short and DCA for my longs for you to reference. Trade safely! @Nate Alert
BTC IN UP MOVEMENT + TRADE PLANTrend Identification:
Descending Channel: Bitcoin is currently in a descending parallel channel after an uptrend, indicating a potential bullish continuation if it breaks out of this channel.
Previous Uptrend: The price came from an uptrend, and descending channels often serve as continuation patterns, suggesting a higher probability of an upward breakout.
Key Support and Resistance Levels:
Support Levels:
$68,556.87: Major support near the recent low in the channel.
$66,333.98: Secondary support zone that could act as a cushion in case of a downside move.
$64,591.15: Historical support level providing a safety net if the price dips further.
Resistance Levels:
$72,198.87: Immediate resistance that BTC needs to overcome for a continued uptrend.
$73,655.67: Key resistance area that, if broken, could trigger a strong bullish move.
Indicators Analysis:
RSI (Relative Strength Index): The RSI is close to the midpoint, indicating a neutral zone. However, an upward movement in RSI could signal increasing bullish momentum.
Stochastic RSI: Currently near the overbought zone. It indicates potential upward pressure, but caution is needed as it may signal short-term exhaustion.
Volume: Noticeable increase in volume around the support levels, indicating buying interest. Volume confirmation on breakout above the resistance line would strengthen the bullish case.
Moving Averages:
HMA (Hull Moving Average): Showing a slight upward trend, aligning with the potential breakout from the descending channel.
Trading Plan
Entry Strategy:
Aggressive Entry: Enter a long position upon the breakout of the descending channel, ideally with a confirmed volume increase above $72,198.87. This would signal a possible continuation of the previous uptrend.
Conservative Entry: Wait for a confirmed breakout and retest of the $72,198.87 level. If the price holds above this level after retesting, it indicates stronger bullish confirmation.
Stop Loss:
Place a stop loss slightly below $68,556.87 to limit downside risk. This area aligns with recent support, and a drop below it may indicate invalidation of the breakout pattern.
Take Profit Levels:
Primary Target: $73,655.67 (first resistance level). Partial profits can be taken here to lock in gains.
Secondary Target: $76,000, if Bitcoin gains strong momentum after breaking through the primary target. This level could be achieved in a continued bullish scenario.
Final Target: $80,000 as a psychological target, if there is sustained bullish momentum and no major resistance above.
Risk Management:
Position Size: Limit the position size to manage risk exposure, especially with the potential volatility in cryptocurrency markets.
Trailing Stop: Consider using a trailing stop after reaching the first target to lock in profits while allowing for potential upside.
Monitoring Indicators:
Volume: Continuously monitor the volume as the price approaches resistance zones. Higher-than-average volume would support the breakout, whereas weak volume could lead to a false breakout.
RSI and Stochastic: Keep an eye on these momentum indicators. If the RSI and Stochastic enter overbought territory and start to diverge, it could signal a potential reversal.
Timeframe:
This setup appears on a 4-hour chart, suggesting a medium-term trading perspective. Reassess positions if the breakout fails to materialize within the next few days.
Bitcoin: Small Dip to $49k Or Crypto Winter down to $15k?There are two potential options for Bitcoin price.
1) Price will complete ABC correction as we have A-B in place already.
The wave C could retest the valley of wave A at GETTEX:49K
2) Large red second leg down could complete a bigger correction.
It could retest the bottom of leg 1 around $15k.
Only below GETTEX:49K we can see what structure is unfolding.
What are your thoughts why such a huge collapse is possible?
Media says miners start switching to AI investments to drop cryptos.
Please share your thoughts down below
Be Prepare for The US President ElectionThe pattern is right in my box,
For now i think will sideway or liquidity grab down then will up again (if trump win)
and i just got info from insider, if you gambling and want to all in your money with meme coin trump, saga, or tremp or etc, if you believe he will win it's fine, if he lose can make market crash and will liquid with all posisition.
so be careful and trade with what you see, not what you feel.
bull update A bull flag pattern with strong bullish momentum has formed, and we recently saw a breakout, sweeping liquidity around 50,547. On a refined daily chart, the price is pulling back to around 61,300, which I plan to target for a buy, aiming for an upside move up to 81,000.
