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BTCUST trade ideas

Bitcoin’s Fate on U.S. Election Day: Predicting Market MovementsAs the world closely watches today’s U.S. presidential election, the crypto market is gearing up for a reaction that could be pivotal for Bitcoin’s future. Historically, U.S. elections have had a positive impact on cryptocurrencies, and many traders are optimistic about Bitcoin's outlook. With two contrasting candidates—one a proponent of crypto and the other leaning towards regulation—the stakes are high for Bitcoin holders and investors alike. A Trump Win: The Fuel for a Parabolic Bull Run If Donald Trump, a vocal supporter of cryptocurrency, secures the win, the market is likely to respond with a powerful surge. Trump’s favorable stance on digital assets could inspire confidence among crypto investors, sparking a parabolic bull run that may push Bitcoin past its previous all-time high. Many traders are poised to buy into Bitcoin if Trump’s victory is confirmed, anticipating a rush of institutional and retail investment that could propel prices to unprecedented levels. A Kamala Win: The Calm Before the Comeback In contrast, a win for Kamala Harris could trigger an initial wave of panic selling. Harris has shown a more cautious approach toward cryptocurrency, which may incite fear among investors and lead to a sharp pullback. However, it's important to note that strong support zones around $60,000, as indicated in the chart, are expected to buffer any drastic price drops. Despite the potential sell-off, these levels have historically provided resilience and could stabilize Bitcoin, leading to a period of consolidation. Once the initial shock settles and investors digest the news, the market may start to regain strength. Confidence in Bitcoin’s fundamentals could draw investors back, fueling a renewed push towards the all-time high. While a Kamala win might delay the anticipated bull run, the scenario of Bitcoin falling below critical levels like $50,000 or $40,000 remains highly unlikely. Caution: Trading Amidst Volatility For those trading with leverage, today and the coming days present heightened risks. Apart from the election, Thursday’s FOMC meeting will bring the Fed’s Interest Rate Decision, a significant event that could add volatility to an already charged market. It’s essential to tread carefully, as both events could create sudden price swings and impact liquidity. In conclusion, regardless of who wins, Bitcoin’s long-term outlook appears resilient. A Trump win may bring immediate bullish momentum, while a Kamala win might usher in short-term turbulence but is unlikely to derail Bitcoin’s upward trajectory entirely. Traders and investors should brace for a dynamic week, as Bitcoin prepares to navigate these significant events. Trade safe everyone, Cheers!
by MadeByAK
2
BTC the big short and Long ideaBTC reached its peak of $73k. Next is a correction wave then back to a $72k bounce then continue the correction wave until probably 60k then bounce up then a quick flush crash for all markets, not just crypto. Why? Everyone is now using leverage(futures, CFD) and few are interested in buying without borrowing. That is also why you can notice many exchanges have been only listing coins in the futures market. Flush, then the great run of the century to $200k+ But flush to 38-28k I see it as a necessary thing and part of the system design of all markets. Invalidation is daily close above FWB:73K
by Nxgencrypto
2
The point of interest is whether it can create a pull back (Title) The point of interest is whether it can create a pull back pattern -------------------------------------- Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) With this decline, the BW (100) line was created at the 72344.74 point. Therefore, the key is whether it can rise above 72344.74. - The price is passing the StErr Line around 71280.01, and the M-Signal indicator on the 1D chart is passing around 68393.48. Therefore, if it is supported and rises between the M-Signal and StErr Line on the 1D chart, a short-term pullback will form. If not, and it falls below the M-Signal indicator on the 1D chart, it is highly likely that it will show a short-term downtrend. For this reason, as I mentioned yesterday, if it is supported between the M-Signal and 70148.34 on the 1D chart, it is time to buy more. However, in order to buy more like this, a split sale must have been made before. - If not, and you need to buy new, 1. When it is supported around 67414.39-68393.48, 2. When it breaks through 72344.74, there are two methods above. The prerequisite for buying new is that the StochRSI indicator is below 50 and shows an upward trend. If not, and the StochRSI indicator is above 50 or showing a downward trend, it is better not to buy. ---------------------------- (1h chart) The linear regression channel indicator has set the length to 50, so the channel moves over time. The channel is showing a change from an uptrend to a downtrend. - Back to the main story, the point of observation is whether the price can be maintained by rising above the 5EMA of the 1D chart and whether it can rise above the middle line of the channel. If it fails to rise, volatility is expected to occur while touching the M-Signal indicator of the 1D chart. Accordingly, as I mentioned on the 1D chart, we can see that the points 68393.48, 70148.34, and 71280.01 are important support and resistance points. - If you bought below 68393.48, you can see that the area around 68393.48 is the last selling point. - If the StochRSI indicator is above 50, it is better to find a time to sell, and if the StochRSI indicator is below 50, it is better to find a time to buy. However, this is only when you are trying to make a new trade. - I am currently holding a long position. And, since I thought it would create a pull back pattern and rise, I gave you an example of additional buying in the idea yesterday. So, I didn't mention SHORT this time. I think this SHORT position is likely to end sooner than expected. USDC is volatile, so it can show a gap down at any time. However, since USDT is continuously showing a gap uptrend, it can be seen that the coin market is likely to continue its upward trend. And, because BTC dominance is on the rise. The rise in BTC dominance also means that funds are concentrated on BTC. Therefore, when BTC dominance is on the rise, it can be seen that it is more advantageous to trade BTC than altcoins. If USDT dominance falls below 4.97 and is maintained or shows a downward trend, I think the coin market is likely to start an uptrend. In order for this uptrend to lead to an altcoin uptrend, BTC dominance must fall below 55.01 and be maintained or show a downward trend. If not, there is a possibility that it will become a strange uptrend where only BTC rises, so be careful when trading altcoins. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
BTC LONG 1 HR TP:73000 01-11-2024After observing a manipulation, we are currently witnessing a brief consolidation phase that could potentially lead to a rise towards the 72,000 - 73,000 range. Following this movement, we may either see a strong breakout or further consolidation before a subsequent decline. We will update our analysis based on the first movement. It's important to note that this analysis is on a 1-hour timeframe, so if the price does not rise within the next 20 to 30 hours, this scenario will be considered invalid. Stay tuned for updates and manage your positions wisely! #Trading #Bitcoin
Long
by ReyDragon21
2
Pull back is a pattern that can be recognized after it is formed Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The HA-High indicator is showing signs of being created at the 69843.04 point. Accordingly, the point of observation is whether it can receive support and rise near the 69843.04-70148.34 section. We need to check whether the StochRSI indicator falls below 50 due to this decline. When the price is supported in the 68393.48-70148.34 range, if the StochRSI indicator remains below 50 and StochRSI > StochRSI EMA, it is a time to buy. Basically, if the StochRSI indicator is above 50, it is better to focus on finding a time to sell, and if it is below 50, it is better to focus on finding a time to buy. In particular, you should focus more when it is in the overbought and oversold ranges. - The MS-Signal indicator consists of M-Signal and S-Signal. Since S-Signal is currently in the 66668.65-68393.48 range, it is possible to touch this range and rise, so caution is required when trading. Therefore, it is better to check the movement when the state of M-Signal < S-Signal is changed. --------------------------------------------------------- (BTCUSDT.P 1D chart) If it falls below 68447.9, liquidation is required for positions purchased (LONG) below 67044.1. In other words, if the first installment liquidation was performed above 69835.3, the second installment liquidation is required around 68447.9. Then, when it shows support in the 68447.9-69835.3 range and the StochRSI indicator is below 50 and StochRSI > StochRSI EMA, you can make an additional purchase (LONG). It is recommended that this additional purchase (LONG) be made below 69835.3. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
BTC OTW TO NEW ATH!!BTC Finally Breaks Through After 228 Days! 🚀 After a long wait of 228 days, BTC has finally broken a key resistance level, launching an intense push that’s got its sights on breaking the all-time high! The market is looking incredibly bullish, and I firmly believe the momentum will stay strong over the next 70-90 days. My short-term target for this run is $74-75k. After reaching this level, I anticipate a retest of the previous resistance to confirm a flip into support. Once that’s in place, the next target is a major push towards $84k-91k! Some correction may follow, but I’ll share more on that in my next update. For now, let's ride this bullish wave! 🌊💪 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.
Long
by RhinoAkaBear
1
BTC : Riding Asia Open Volume to the Golden Zone TargetOn the 8-hour chart, I’m targeting an entry to capture potential volume influx as the Asian markets open. I plan to take partial profits along the way, with a target to reach the $71,000 zone, which aligns with the golden Fibonacci retracement level. Fundamental Context: This setup is influenced by the buzz around the upcoming U.S. Presidential Election and speculation around Donald Trump’s potential reentry, possibly fueling a “buy the rumor, sell the news” effect. Given the high-impact events surrounding this period, I’m managing risk closely, aiming for strategic exits to maximize profitability within this volatile environment. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Long
by AR33_
2
Bitcoin vs 2019, March 2020: Covid Vaccines, Polio & World War 3224 Days Bitcoin has been moving lower (sideways). I was calling the 2013/14 bullish wave a "recovery wave" based on the action that took place in early to mid 2019. The difference this time around is that Bitcoin went on to produce a new All-Time High but this was the map we were following. The recovery wave in 2019 led to the March 2020 crash. After the peak in July 2019, Bitcoin went sideways with lower highs for exactly 224 days. The last five weeks of this time period produced a bounce, as we are seeing now, and then after one neutral and small red week the final crash leading to March 2020 happened. Nobody saw it coming. We are in a very similar situation, Bitcoin's 2024 capitulation event. The March 2020 crash lasted three weeks of strong bearish action, five weeks total. The first two weeks were a type of suspension at the top before the crash. The drop led to the testing, on a wick, of a low price range in late 2018/early 2019. Today, this would be equivalent to Bitcoin crashing to the same level at which it traded around October/September 2023, that is, on a wick. It would recover almost instantly from the low prices and then it would take a while to climb back up into strength. Prepare for the crash. The longer it takes for this to happen the more painful it will be for the market. It has been already long enough, this means that the crash will be super strong. 43K is not the bottom. Thanks a lot for your support. Namaste.
Short
by AlanSantana
46
Bitocin non-operable zoneAfter a week of analysis on YouTube, we can say that we have almost reached the expected objective: the break of highs that I even anticipated two days ago. We are now in a difficult area, since, due to the manipulation of market prices, I would not be willing to do absolutely anything at this time; I will simply wait for the next long sell-offs to join the movement. For now, I expect 70,400 as my first goal. Anyway, we are still in an upward trend. Despite a break in structure in minor temporalities, it is likely that it will stop for a few days, generate doubts and continue with the movement. BINANCE:BTCUSDT.P
by CriptoSolutions
1
Important Levels Defined on the 4H ChartWhat you see in this chart is 2 resistance levels that are acting as support now. For this bull run to continue price needs to hold above the blue support level. It is also possible for the price to pull back to the red support level, but I would say it is improbable given the two 4H candle printed on the newly established blue support level. This chart also is showing you how previous support levels have morphed into support levels. As long as price stays above the blue support level I would lean toward bullish continuation. Breaking below red support would shake me out and scare me a little. In conclusion, watch out for these levels.
by Se7enSkies
1