Bullish for US Elections Hello guys im looking for still bullish for bitcoin bcz of the bull flag pattern and the us elections ahead everytime you see after us elections bitcoin go parabolic so thats my opinion for this time. Longby MisterProfessorPublished 113
BTCUSDT Forms Rounding BottomBTCUSDT Technical analysis update CRYPTOCAP:BTC has formed a rounding bottom pattern on the daily chart near the 2021 all-time high (ATH) resistance level. The price is now moving toward this resistance, aiming for a breakout. Currently, BTC is trading above the 100 and 200-day EMAs on the daily chart. If the price breaks above the rounding bottom pattern, a strong bullish move can be expected. Longby HexaTradesPublished 223
BTC - Daily Close SignalHere is an update to our previous post: As you can see we did have another daily candle close the body EXACTLY on our trendline of old resistance that is trying to be flipped into new support. Also we have a hidden bullish divergence forming on the daily RSI. Even if price wicks lower tomorrow, if we get a third daily close right on this trendline it should give us confirmation the next higher low has been set. by VIAQUANTPublished 112
2.65 RR BTC trade and Meta ReportAfter hitting polarity just short of the ATH, BTC will likely retrace to at least the 4hr level indicated, but most likely one of the ladder points of the Breakout indicated. Doing the former, a very nice ~4% (more with leverage) trade can occur.by Ian_CarsenPublished 111
BITCOIN TARGETING ALL TIME HIGHS - BTC LONG IDEAI projected and shared the idea that Bitcoin would reach $70,000 and potentially $73,000 within a few days. It happened in just two days! I hope you took the trade and made some profits, as I did. Now, I’m preparing to position myself with the expectation that we’ll reach all-time highs within a week or two. We recently broke a massive bearish trendline that has held since March 2024. Just before that, a daily demand zone formed, which helped break the trendline, making it a key area for me. Additionally, the equilibrium level of the bullish leg aligns perfectly with my point of interest. I expect the price to retrace to the daily demand zone, hit the discount Fibonacci area, test the trendline, and take off from there toward new all-time highs. Of course, I’ll be looking for lower time-frame confirmations before initiating a long position. Longby UA_CAPITALPublished 223
Bitcoin and altcoin overview (October 31-November 01)Yesterday, as we anticipated, Bitcoin paused and went into a slight correction. Currently, selling pressure is fairly weak, but for now, we can expect continued rotations within the current volume zone and its boundaries at $73,000-$71,000, with a priority for an upward breakout and a test of the ATH. Buy zones: $70,000-$68,900 (pushing volumes) $67,500-$66,800 (maximum sideways volume) $63,100-$62,500 (mirror volume zone) $60,000-$59,000 (buyer activity) Interesting altcoins: For SXP , below the current prices, there’s a zone of pushing volumes at $0.24-$0.234. If this zone is filled and there’s a buyer reaction, we open a long position. by Crypto_roboticsPublished 112
$BTCUSDT Bouncing from Demand Zone – Eyes on $75KBINANCE:BTCUSDT Bouncing from Demand Zone – Eyes on $75K with Strong ETF Inflows!! After a significant uptrend, CRYPTOCAP:BTC experienced a healthy correction, finding support at a key demand zone. The current bounce from this level, marked by a bullish candle, signals a potential shift towards upward momentum. Volume is steadily increasing, which further strengthens the case for a continued move higher. Additionally, there’s a notable rise in MARKETSCOM:BITCOIN ETF inflows, adding more fuel to the current rally. This confluence of bullish factors sets the stage for BTC to reach new highs, with $75,000 being the next major target on the horizon. Traders should watch for sustained volume and momentum as key indicators of this breakout.Longby GreenCryptoTradesUpdated 1113
Bitcoin Approaches Important Support Zone, Waiting for New BreakBitcoin is currently trading around $69,962 after a slight correction and touching the support zone between $68,102 and $68,976. This price zone has proven to be a strong support zone in the short term. The 4-hour chart shows that the price is in a consolidation and accumulation phase after the previous strong rally, with the 34 EMA and 89 EMA acting as dynamic support levels. If the price holds the support zone and does not break below, Bitcoin could continue to fluctuate and form a short-term bottom pattern in this area before retesting the resistance level at $70,182. If this level is broken, a further uptrend could emerge with a target towards the $72,718 zone. However, in a negative scenario, if the price breaks below the current support zone, BTC could face further downward pressure towards lower support levels. Investors need to closely monitor fluctuations and macro news that affect the market.Longby Trader-SaylorPublished 112
New CME GapThe last two CME Gaps got filled but this Sunday a new one came out. So Monday morning we will see another gap, unless BTC rises up back to 69400 to fill it itself before CME Chart continues. If not, we should see BTC back to 69000+ to fill the gap!by KryptoabiPublished 112
BTC Swing LongPotential for a Strong Bullish Move 📈 BINANCE:BTCUSDT Based on current price action, I believe we may be heading into a significant bullish leg. Here’s why: Bullish Arguments: Previous Month Low (PML) is being disregarded. Previous Month High (PMH) is being disregarded. Previous Week Low (PWL) is being disregarded. Previous Day Low (PDL) is being disregarded. 4H swing high is being ignored. 4H swing low is being disregarded. The only bearish point to note: Previous Week High (PWH) is still respected. Trade Management: Once we hit the first Equal High (EQH) around 68K, I’ll move my Stop Loss to Break Even (BE) and manage the trade towards the final target.Longby JaytradermbUpdated 227
$BTC Weekly chart.. No bajas tu guardia..One more rejection and we will enter wave 1 retracement, you can see the 0.50 and the 0.38 levels .. There is a chance we are heading there..by pacifiedSeahor48256Published 111
BTCUSDT BULL TRAP???!!!A key level bounce point for BTC at 68,250 could potentially drive the price to around 70,000-71,000 within a few days, especially as the US election concludes at 18:00 EST. However, be cautious of a potential bull trap rally. IF Trump wins, the price could break above 71,000. Conversely, IF Kamala wins, the price may be rejected around the 70,000 level. As always, trade at your own risk.Longby yuriakashiPublished 333
Btc / Usdt liquidity zonesHello guys in you want to get a short position so wait till price reaches to 73400$ level that shown for you So if you want to get a long position AGAIN wait till price reaches liquidity around green line Market is about liquidity nothing else PATIENCE is keyby pichilotradesPublished 221
Calm before the storm. Waiting for the rockets to launchI've covered many topics in this video The difference between myself and others is that I speak from real world experience whilst others keep trying the 'sell the dream' bullsh*t baffles brains, and that's not what I'm about So if you are a student of the markets I hope you are taking notes of these golden nuggestsLong20:00by Blayno_MTOPSPublished 111
Bitcoin Shows Upward Momentum, Targets Key ResistanceBitcoin (BTCUSDT) is displaying an upward trend, currently trading around $69,078 as it nears critical resistance levels. The chart suggests BTC is consolidating within an ascending channel, with immediate resistance expected around the $70,000 mark. A break above this zone could propel BTC towards the $72,755 target, signaling stronger bullish momentum. Analysts highlight that maintaining support above $68,730 is crucial for sustaining this upward move. Market sentiment remains cautiously optimistic, with traders closely watching for potential breakout signals in the coming sessions.Longby SanharaPublished 112
BITCOINBitcoin analysis Time frame of 4 hours Due to the fact that the daily time frame of Bitcoin is bullish, you can enter into purchase transactions in the specified areas after seeing the confirmation.by m0neyminerPublished 221
A huge Cup with a handle on Bitcoin after 3 yearsFor those who understand the cycle, it's no surprise. For those who are not there yet, this is a very strong pattern, and considering Bitcoin will move to new highs this is a powerful indication of the bullish continuation. It took 1085 Days to do it! (3 years without 10 days). The tip of the last bull run initiated it and if you don't know what that means, you should join my Discord, YouTube, and Substack. Buckle up, fill your bags, and enjoy the last year of this bull run! It's NFA and DYORLongby estimythPublished 113
Examining Support at $68,500 and Resistance at $70,600🔹 Market Overview: Bitcoin has managed to hold the significant support level at $68,500 after a recent struggle, closing the daily candle above this level. This stabilization creates an opportunity for the price to move towards the $70,600 resistance. 🚩 Key Levels: Fair Value Gap (FVG) at $70,600: This area, aligned with the 50% Fibonacci retracement of the previous wave, serves as a strong resistance for Bitcoin. Upon reaching this level, there’s a high chance of a bearish reaction and price rejection. Order Block at $71,200: Another resistance at $71,200, overlapping with the 61.8% Fibonacci level, acts as an additional resistance zone that could potentially trigger a trend reversal. 📉 Potential Trend Reversal: If the price encounters these areas (FVG or OB), there’s a high probability of a weekly correction initiating from these points. 📈 Inverse Head and Shoulders Pattern: An inverse head and shoulders pattern is currently forming. If the neckline is broken, it could open a short-term buying opportunity. 🔔 Conclusion: Breaking through these key resistance levels may indicate further bullish movement; otherwise, a pullback to support and a corrective phase might follow.Shortby arzdigitalisthaPublished 111
Bitcoin Pumping?As before, volume is low. We should drop down to FWB:65K in order for this to be a healthy correction; then pump with better volume.Shortby Sunny-VelliPublished 221
#BTCBTC in short term Bitcoin will have to correct after a new ceiling. After this correction, a growth will begin, which I will publish more about its goals and direction in the futureby aliurmuPublished 111
BTC: mini shake out next week BTC will rise to 71-72, then fall to 65-64 I think that we are dealing with an expanded ending diagonal. Why? Because of zigzags BINANCE:BTCUSDT BITSTAMP:BTCUSD OKX:BTCUSDT BINANCE:BTCUSDT by shakatrade1_618Published 1113
BTC before final moments: ready to jump? (1H)Hello, fellow traders! I want to share my thoughts on BTC. Looking at the 1H chart, we see the price has recently touched the weekly resistance line. It is now hovering just above the line instead of breaking out, which is ideal. I've adjusted the time of the US election and Federal reserve interest rate announcement based on where I live. The US election is scheduled on the 5th and the initial result will most likely be available before the day ends. Even if it doesn't, general projection would be informative enough to stimulate the market to move accordingly. Western states including California will be the last to close the polls and start processing the votes, but it's likely that the outcome become clear enough before they even finish the process. So my guess is the market would already start moving by 10-11PM (ETZ) since market tends to move ahead based on assumptions. This is around 6PM of 6th in where I live. If the vote process takes longer (because of the close race or whatever other reasons) than usual, it might take additional 2-3 days which would cause a lot of volatilities that would eventually abate as the result becomes more comprehensible. I also want to address the US federal reserve interest rate announcement which is scheduled this Thursday - just after the election. This will again impact the crypto market heavily - many are expecting the rate cut for economical growth and if this is true, chances of BTC bull run will definitely increase. Many are predicting BTC to reach ATH, even up to 90k, 100k, 1m, and some are saying that the bull run will begin no matter who becomes the next potus. Back to the chart, we see price slightly rebounding as it touches the weekly resistance line. However, the breakout of the downtrend (marked as a red line) is yet to happen. If the outcome of this election and the interest rate announcement come out favorable to the market, I can only imagine a breakout, then a bull run starting with big momentum. I've read a lot of posts, comments and news about BTC, I see some saying the halving will begin after the election, others saying BTC will double - interestingly both side had evidence to back them up. Maybe both are true! I don't think we can comfortably rely on the past data. People have different strategies, different experiences, resulting in different conclusion. What I understand though is nature of market movements - it moves according to the psychology. And the outcome of the upcoming election and change of interest rate will definitely either encourage people to invest more or withdraw their investments. Conclusion: My strategy for BTC is if the breakout (of the red line) occurs and both election and interest rate come out favorable for the market, I will enter LONG. All the hypes around BTC, current election predictions, news about rate cut really give us the excitement but I don't want to assume anything yet. I'm just hoping the timing of the breakout aligns with these two events to maximize momentum. Frankly, I'm looking forward to seeing the results but I'm also not going to try to predict them because I've been wrong many times and have learned from those experiences not to make predictions. Instead, I will react. If the market moves opposite direction, we'll just simply enter opposite position and take profit. It's that simple. Longby QJEEEPublished 221
BTC will challenge ATH again if it crosses this line (1H)Hello, fellow traders! In my previous analysis on BTC, I've mentioned that if the price showed reversal of trend at the weekly downtrend's resistance line, there's a good chance it might be signaling a bull run. In the first box 1️⃣, we see the reversal near the resistance line. Although the price did not physically touch the line (which would have been the best scenario), the lower wick of the bearish candle was near it. And now the price remains above the 68 - 69k zone which is also ideal. So does this mean we can enter LONG now and shoot for ATH? I would say no. If I could answer yes to that question, I would've just entered when the reversal happened at box 1. Reason I didn't is because the key levels aren't always respected. We need enough evidence to feel confident about our trades. Let's look at the second box 2️⃣. The red line is drawn based on the highs of the pullback. If we see a breakout of this line, that might be a good entry point for LONG. Until then, however, we cannot be certain how the market will turn out. The election is now around the corner and we should keep in mind that BTC could move in either direction depending on the outcome. Don't worry though, if the market moves in opposite direction, there will be new opportunities waiting. Stay tuned! Longby QJEEEUpdated 221