BTC structure is getting weaker in LTF#bitcoin #btc price has been forming a bearish diamond pattern and if CRYPTOCAP:BTC does not manage to breakout this zone upside, then the correction awaits #btcusd .Not financial advice.Shortby naphysePublished 3
Bitcoin Still Targeting New ATHHey there, Just wanted to share an update on Bitcoin. Since March 2024, it has been trading within a 30% range, showing significant consolidation. I'm leaning bullish because Bitcoin has left a lot of untouched liquidity behind, and I believe it's only a matter of time before we break the all-time high. If you've been trading the long side swings, you've likely taken profits from previous order blocks. Interestingly, most traders are ready to go long on Bitcoin above $70,000 instead of taking positions within the current range (if we break immediatly, I would also long it on my Futures Account). Personally, I'll be looking to catch two separate spot buys with different position sizes if the market breaks down. It would be great to see a new low for a better risk-reward ratio. Best regardsLongby umothegreatPublished 1
Why Has Bitcoin fallen To $67,000 Range? Explained.Looking at the sentiment below the bitcoin chart CME:BTC1! You can see that the bears are really taking control of the crypto market -- Now this is good for transfer fees, because you can always transfer your Bitcoin at a lower price when the market crashes But if you are also in it to make a profit then this is your buying opportunity. But also note that this could be a sign of a middle market Which is flat.Am thinking investors are stalling with a flat market because they want to wait for the US presidential election outcome in the month of November. Whether you like it or not the election season is a big market indicator especially In crowd psychology.Because of this we can not afford to ignore the market sentiment If you look at the chart what type of market sentiment are we in? Look again at its chart below is the bull bear power.. Analysis of this chart tells you That even though we are in an uptrend.. the bears have taken control. This usually leads to negative comments in the mainstream press. In order to understand the weekly trend you need to understand the rocket boost strategy In order to learn more about the rocket booster strategy check out the references below 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 strategiesLongby lubosiPublished 1
ITS SO SIMPLE!!!!!Let's see the chart in larger timeframe, many of people using 5 and 15 min for trade its ok but seeing the chart from larger timeframe telling us the truth in the simplest way. History is repeating and we are now in wave 5 of Eliot's wave theory 🤫 .im analized the chart also in daily time frame with details.Longby vmoradian6Published 3
BTCOIN WEEKLY CHARTI don't understand why some of you are panicking. You already know what's coming, and this is what the weekly chart looks like. Nothing is ever 100% certain, but is it wise to be bearish right now? Take a step back and zoom out.Longby Alwayswin_tradesPublished 1
BTC ShortAfter the flag breakout we are now in the pull back phase. Price should not drop below 0.618 fib . If this happens the flag is invalidated and a crash below 50K is probableShortby stevetambo32Published 3
BTC/USDT DAILY TIMEFRAME BTC/USDT Daily Analysis: Key Scenarios Bitcoin (BTC) is currently trading around $67,034 with a minor decline of 1.71%, but remains in an overall bullish trend. The market is approaching key resistance and support levels, offering two potential scenarios for the near-term price action. Scenario 1: Bullish Breakout If BTC breaks above $69,705, it may continue to climb towards $73,768 and beyond, potentially aiming for new highs. The price is following a strong upward trendline, which supports continued bullish momentum. Scenario 2: Pullback and Consolidation Alternatively, BTC may face rejection at $69,705, leading to a pullback toward $60,946. This would allow for consolidation before another upward push, maintaining the overall bullish structure. Conclusion BTC is at a critical point. A breakout above $69,705 could lead to significant gains, while a pullback to $60,946 would be a healthy retracement before resuming the upward trend. The broader outlook remains bullish.Longby ProfitLanderChartsPublished 0
Bitcoin is bearish for short termIn my previous update i told you that Im opening short position annd it had been successful trade target has already achieved, I am really sorry to tose who didn't got my message to move the SL and DCA your position. Well current market trend is still in downward direction My third target for short trade is still valid, CRYPTOCAP:BTC will surely fall for 65k$ soon. Bitcoin hit 69500 was not a true breakout, we are considering it as fake out you see it in the image attach below. You might have seen manny influencer are saying bitcoin could fall to 60000$, Yes they are right the impact of that fake could take the bitcoin to 60k$.Shortby Beyoglu_AnalystPublished 1
Bitcoin (BTCUSD) - $70k Seems Like A Tough Mountain To ClimbThe potential for a draw @ $70k is still a possible as long as we see Wednesdays low kept in tact. This will be seen as a higher low in the overall bullish structure. by LegendSincePublished 1
#bitcoin 's former supports turning into resistancesAfter #tether FUD, #btc CRYPTOCAP:BTC price has made a deep wick then recovered after the news have been denied. Now, red box is the resistance zone in LTF. #bitcoin price also made a bearish double top and it has worked today. If, #btcusd fails reclaiming the red box resistance zone, new minor local lows are expected.by naphysePublished 1
BTC Short Price broke down after failing to break 68K resistance. Pulling back into supply zone on 1 hr chart . Trigger entry once inside .Shortby stevetambo32Published 6
BTC/USDT.P Trade setupSwing Trade: if today's daily candle closes confirming the lower high, I would be interested to get into a swing short as we are likely retracing further down for a lower low retest some of the previous broke out areas. However, if in 7 hours and today's candle closes bullish and continues the the trend upwards, then this idea would be invalidated. I would not get into this trade until the this daily candle closes. It is Friday, and price action can get crazy (as you can see for the past few hours lol), trade safely. Shortby Nate36989Published 1
BTC DUMP!!!!!! POSSIBLE 45K AND 15KBitcoin recently encountered a major supply zone at the $68,882 level, a price point where significant selling pressure is historically evident. This area has served as a psychological resistance point, with heavy sell orders placing downward pressure on BTC as traders and investors aim to capture gains. The recent high volatility leading up to this zone, characterized by sharp price movements, suggests that Bitcoin’s next moves could be larger in magnitude. In high-volatility conditions, sudden sell-offs are more likely as increased uncertainty prompts rapid exits. Given BTC’s tendency for exaggerated moves following periods of high volatility, an extended downturn is possible if this level holds as resistance, signaling a potential loss of short-term bullish momentum. Breaking key support levels could escalate a bearish turn, with potential price targets descending to $45,000 and even further down to $15,000 if historical trends repeat. Over past market cycles, Bitcoin has seen similar corrections of 50% or more, especially following peaks during bull runs. While this seems severe, it aligns with Bitcoin’s historical behavior after reaching critical resistance levels in oversold markets. Traders and investors are advised to maintain a rational mindset during these corrections and avoid being swayed by emotions, as downturns have been part of Bitcoin’s broader cycles. Focusing on fundamentals and managing positions conservatively can help avoid reactionary decisions during these volatile phases.Shortby AfricanD007Published 1
BTC - Key resistance at $71k could trigger a bull trapI think we are due to experience some key resistance at 71k that will trap bull's as I expect the market to come back down and liquidate bulls by hitting stop losses. I am currently in a long trade from $63k but I am anticipating key resistance at this level. Especially, because it will be the first retest in over 3 months of the level. We are also in the third trending move of this trend from the 52k level. by subtlepapiPublished 2
Operator Bull and operator BearOperator or Short covering or long windup makes the trader huge loss as it happens suddenly to protect the it have labels pointed along with PCR based on bars orders03:02by duvvurimarutiPublished 0
bitcoin is readi!!!hello dear traders according to the correction that happened recently one of the that most likely scenarios is that with a correction to the demand area and hitting the upward trend line there is a possibility of climbing to the specified points otherwise the trend will be downward in the medium term be sure to the check the necessary elements to enter the transaction because no one is nostradamus Longby nimasoleymannejadPublished 1
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.Longby lubosiPublished 2
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.Longby lubosiPublished 4
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. Longby MisterProfessorPublished 5
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 adviceShortby ThetradehousefxPublished 0
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 Longby davidjulien369Updated 0
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.Longby khaledxabPublished 1
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 by Macki87Published 1