BTC Price Action REview Longer TermGoing over our Main BTC chart. looking for clues to what the market is telling us and how we want to position for the next few moves & different scenarios.
BTC1! trade ideas
Bitcoin - Why I chose to be flat..I will be reviewing Bitcoin using my "Multiple Timeframes / Mutiple Factors" (MTMF) approach,
covering Fundamental Factors like : CoT, Sentiment, Seasonals and Technicals like Momentum, Volatility, Relative Strength.
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Swing trade for Bitcoin (BTC1!) - 1-hour chartBitcoin futures managed to fid support above $60k before snapping a 4-day losing streak. Bullish momentum increased from GETTEX:64K , and the move lower since appears to be corrective in nature against the strong rally from $64k.
A bullish outside / engulfing candle formed around the 50% retracement level and above Wednesday's daily TPO VAH time price opportunity, value area high).
The bias is now for a move higher towards SWB:69K , with the potential for a move to $70k. At which point we'll seek evidence of a bearish reversal, given price action clues on the weekly and daily charts.
a flat 🍒we ascended rather quickly, but not quick enough to invalidate the bear case.
most of the bears have gotten wiped out as of me writing this.
a lot of boomers have entered into the market and have an average cost average of 54k.
exciting times, for the new guys,
but it's the same story for anyone who's been around since the very beginning.
pump,
dump,
repeat.
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i'm going to call this macro weekly move a regular flat on these btc futures.
triple zig-zag from 2021 --> 2022
double zig-zag from 2022 ---> 2024
double\triple zig-zag from 2024--->2025
🍒
BTCBTC h&s 61k target 1 conflunet with .618 of 38k>74k, also .382 retracement of 15k>74k, also Feb 21 lows
-Target 2 confluent with Jan 8 highs
-Target 3 confluent with Jan 22 lows and .618 retracement of 15k>74k
BTCBitcoin has broken the downward channel, but this is more important. If you want to buy, wait until the channel entry corrects. I was looking for buying now in the selling opportunities from this resistance. Good luck.
BTCBitcoin is still in a downward trend. Wait for the resistance level. The risky sell deal has been taken from 1 to 3. The target is 59,000.
BTC - Institutional Accumulation Zone Signals Trend ReversalThe Bitcoin futures market is showing signs of a potential reversal short-term bearish impulse, with institutional traders accumulating positions in a newly identified accumulation zone. This zone, marked on the chart, represents an area where large buyers have been actively buying BTC futures contracts.
The accumulation zone has been formed after a period of consolidation and sideways trading, following a sharp downtrend. The fact that institutional traders are accumulating in this zone suggests that they believe the downtrend is coming to an end and that a new uptrend is about to begin.
Furthermore, we should observe a key resistance level marked on chart, which can adds further credence to the bullish outlook. This breakout would signal that the sellers have been exhausted and that the buyers are now in control.
If the price action can continue to trade above the resistance level, it will be a strong indication that the downtrend has ended and that a new uptrend is underway. Traders should watch for a retest of the resistance level as a potential buying opportunity.
BTCMy analysis for Bitcoin: The support has been broken. Now it has turned into resistance. Wait for the resistance level. Take a sell deal with the issuance of the news. I am positive about the dollar. Bitcoin will witness a decline. Good luck.
SMCI Bitcoin XOM3.19.24 In this video I wanted to show examples of expansion taking into account differences between one market and another. The details are explained in the video.
Longed Bitcoin.Market ready to sweep buyside liquidity at 74K.
Expect 75k within 2 week.
Buyzones and sellzones marked.
Range till halving(19 april) most likely.
Range means buy low and sell high.
Stay safe.
U make most money in ranges but need to stop trading before breakout occurs.
Expect breakout to the upside end of april to 100K.
$BTC seems tired, Weekly most overextended vs AveragesGOOD MORNING
The CRYPTOCAP:BTC RSI is weakening further as it hits 74k.
The closer it gets to 80-100k the more risk rises.
#BTC is due for another correction/consolidation, IMO.
#Bitcoin $ Flow is still decent so, IMO this is not the top.
A)Shows RSI peaked & Selling begins to come in.
EURONEXT:FLOW was NOT strong at all.
B) Volume is light before picking up.
CRYPTOCAP:BTC has Heavy Buying coming in.
RSI hits the peak for this run.
$ Flow stable & goes higher.
C) #BTC buying subsides.
RSI is further weakening.
$ Flow still decent but keep in mind that this is LAGGING indicator.
Weekly
#Bitcoin is attracted to the Green Moving Avg.
This is the most overextended it has been during this run.
Needs rest imo
Bitcoin Broke New High – The Real Reasons Behind ItThe relationship between inflation and Bitcoin - they moves in tandem together, in the same direction.
We saw Bitcoin has broken above its 2021 high, and it is likely to continue this trend.
Many attribute the reason behind this rally to the approval of Bitcoin ETF by SEC in January of this year. While this approval serves an incentive, the core reason for this rally is the resilience of US inflation, meaning the inflation is still pretty stubborn, not coming down to the 2% target.
Micro Bitcoin Futures & Options
Ticker: MBT
Minimum fluctuation:
$5.00 per bitcoin = $0.50
BTIC: $1.00 per bitcoin = $0.10
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Comparative analysis. Fractals. Bitcoin and Nasdaq. Lagging.Logarithm. Assignment in three days. Formations "Bowl". There is a fractal similarity.
The Nasdaq index is "ahead." The price is now at $15,237 after a nearly vertical strong price rise from the last consolidation of +18.21%. Note the price levels and their values on the CME.
Bitcoin lags noticeably if this fractal structure is realized, but the % ratio targets are also an order of magnitude higher due to lower liquidity.
BTC secondary trend (part).
This bitcoin reversal zone was shown here.
BTC/USD Secondary trend. Medium-term work. Pivot zone
Save or increase, if you can trade successfully — your digital gold for “central banks” .
BitCoin Price AnalysisGoing over BTC since its breakout. looking for clues and trying to LISTEN to what the market is telling us. always know where you'll get out if you're wrong and dont fade the trend. thats our motto.
BTC to 90kBTC is showing remarkable resilience, holding steady above the $90K mark! 📈 It's a testament to the growing confidence in cryptocurrency markets. As we look ahead, experts predict a bullish trajectory, with BTC poised to surpass $90K and potentially reach new heights before the year's end. For traders with long positions, this presents a compelling opportunity to maintain confidence and hold onto your investments. The current market dynamics, coupled with positive sentiment and institutional adoption, suggest that BTC's journey to $90K and beyond is well within reach. Stay vigilant, stay informed, and stay optimistic! 🌟 #Bitcoin #Crypto #BullRun
Btc1! Btc futuresBINANCE:BTCUSDT Dominance on support level.Lets remember the targets first 80k then Btc.d hit 58 then re acc. Maybe in may or June we can hit 100k
BTC1!#BTC1! 1W
It is very possible for #Bitcoin to correct the GETTEX:39K levels to close the price gap before #Halving on the #BTC1 chart, and this level represents the cross area on the #Weekly_Interval from which it started with an upward acceleration and may return to it with a downward acceleration.
#BTC1!
These are #BTC futures contracts on the (CMTE) Chicago Financial Derivatives Exchange.
🅱️ Bitcoin Hits New All-Time High (Timing)This would be a perfect time to start building a short position. One can start slowly and grow as confirmation comes in.
How you ease into it is completely up to you.
Timing might be good now.
This is an early call. Patience is needed.
Only hit the gas once confirmation comes in.
Wishing you good luck, success, wealth and profits.
Namaste.
Bitcoin Futures Test Major Overhead Resistance! Following the approval of the spot Bitcoin ETFs on Jan 10th, BTC futures have rallied by more than 30%. Capital inflows have remained consistent in these ETFs, supporting higher Spot and Futures prices.
The Decoupling:
The new demand brought by the approval of the Spot ETFs have given both retail, and institutional investors the opportunity to add exposure to BTC in diversified investment portfolios. Prices have managed to go higher, despite higher treasury yields and real interest rates. Interest rate cut expectations have also been reduced, yet BTF futures have rallied.
We are witnessing a decoupling of macroeconomic influences on BTC futures. Despite the fact that financial conditions are tighter, this speculative risk asset continues to rally. This is very supportive of prices in the near term, and a sign that demand for exposure to “digital gold” is real.
Technicals:
From a technical perspective, BTC futures gapped higher on 2/28. This will serve as major support in the near term, and prices could correct if we were to break and close below the gap. To break all time highs, we will need to break and close above the major overhead resistance level of $68,300-$69,500.
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Disclaimers:
CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
*Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services.
Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
