My thoughts on $BTCChart says it all. I'm predicting CRYPTOCAP:BTC will reach 20k CME gap awaiting a year.Shortby alleyesoncoins0
48K...?There is an HVN and a W1 gap around 48k. The W1 CNH tgt is 41,260. Both are valid levels for retest.Shortby MtGoxFX0
CME $BTC futures to 60.8K?CME #bitcoin #btc futures charts has unfilled GAP at ~60.800 #usd zone and #btcusd may be likely going to fill that gap. Not financial advice.Shortby naphyse0
BTC1!Looks like they're stretching to fill 64,475 BTC1! Liking opportunity from around there for run back up to 69 Full moon support confluenceLongby jhonnybrah0
BTC1!I am thinking ETH, etc., will run faster, but looks like this is shaping up here on BTC1! Longby jhonnybrah0
$BTC retested and caught a cold, likely will sell off moreCRYPTOCAP:BTC retested the all time high & then sold off, as expected. The 2nd phase is the more important one and it is right around the corner. In a previous post we mentioned 3 and 6 months from ATH was a pivot point. #BTC will likely keep selling off until it reaches major support & that area is a is do or die time, represented by cyan arrows. #Bitcoin Money flow is not very good & the RSI is still sinking.by ROYAL_OAK_INC2
will BTC plummet? or is this the buildup to trigger 75k??? theres two ways id look at bitcoin, either id be waiting for a buy on 3rd leg down, or seeing it it breaks for 75 first. i would really like to see the 3rd push down and an explosive move to 75k. lower low made on tuesday, higher high made today, chances of going parabolic later in the week thurs/fri have increased drastically! tomorrow is day 3 ill be looking to see a coupel different scenarios. waiting for previous day high or low to be taken out first then seeing how price responds from there. its a buy low template for tomorrow in 1 of the 3 sessions so be ready. tonight or tomorrow. i repeat buy low template!! id be waiting for PDL to be taken out theres a few different ways to play first green day. be patient and sdave your bullets!! there will be plenty of opportunitiesLongby thesturdygentlemanUpdated 4
BITCOIN MONTHLY BIAS TRADEThis idea base on MAY month opening price, now were on June for liquidity grab highs. Im expecting less on Discount idea to clear that level of liquidity above. But if you want to wait the Real money transfer, wait again below. For discount traders trade base on stoploss , trade base on your own. This is not a financial advice, this idea are monthly basis. Follow for more. $BITCOINLongby D1GITALTRADES3
BTC Long Scalp OpportunityDear Friends, Another long Scalping opportunity has arrived on BTC and I feel bullish. Obviously There will be dips as market needs these for rocket fuel. Take care till next trade. BLongby mhaseebkhan1984112
$BTC short term bounce is necessary#bitcoin #btc chart has formed a bullish divergence in LTF. A minor bounce in #btcusd may be expected. Breaking down 67300 #usdt level invalidates.by naphyse0
BTC on CME - Confirming Breakout?Here we have the CME chart and we notice something very interesting which could lay out Bitcoins direction for the coming week. On Friday Bitcoin closed at $69,650 on CME which "coincidently" closed the candle body exactly on top of that white trendline. Today, CME is about to open in 2 hours and currently BTC's price should align again with the same trendline. This is the 1D chart so we need to see confirmation close above to confirm this retest as a new level of support and confirmed breakout to higher highs. This means if on Monday CME is able to defend this level that should give us the ability for price to retest $71.3k on the spot chart and as soon as we get a 3D close above $71.3k we are starting the next leg of the bull market. by VIAQUANT4
Gap to fill... Okay. I'm going to the beach all this summer and to coming in Autumn. Cya ! :Dby YuyuCoyotte1
BTC-BEARISH-TRENDBTC is in bearish trend as price is consolidate between support and resistance Shortby FazalSiyal0
BTC looks okay, 1st phase pretty much complete, phase 2 nextTurned bullish on CRYPTOCAP:BTC during the beginning of May. Futures #BTC looks good but the volume is lacking a bit. RSI looks okay but not great. $ Flow is not that great either. Spot #Bitcoin = ditto. However, technically they look good, they are trading above their respective moving averages. What would seal the deal? HUGE volume breaking highs! -------------------------------- Not shown here, pls see profile for more info. Noticed an interesting weekly CRYPTOCAP:BTC pattern. Will speak on that later as the pattern will likely resolve months from now. Want to see what happens within the next couple months first. Spot #BTC hasn't proven it's better to chart vs futures #Bitcoin, doubt it will until it counts (meaning it'll change when things hit the fan). Current box is the best looking. We'll see what happens very soon. #crypto Longby ROYAL_OAK_INC110
BTC rain All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice.Shortby THE_APIS_TRADER3
BTC Playbook Trade IdeaMarket experiencing some level of Resistance at Price Zone 70,000 -72,000. Expecting a drop to these marked demand levelsShortby titovic2
BTC Playbook Trade IdeaMarket experiencing some level of Resistance at Price Zone 70,000 -72,000. Expecting a drop to these marked demand levelsShortby titovic0
BTC1!Technically, we've been in a rangebound environment since early march, similar to btc price action from december - early february, which culminated in 3 weeks of aggressive markup after having built sufficient cause. I suspect this time won't be different - 3 or so weeks of aggressive markup likely just around the corner. The push to 6 figs btc.Longby jhonnybrah1
Long ETH, Short BTC on Expected ETH ETF Approval SEC's unexpected nod for Ethereum Spot ETFs (“ETH ETFs”) through the approval of 19b-4 forms has ignited a fresh wave of excitement in crypto markets. This paper delves into the impact on ETH/BTC Ratio fuelled by this development. The ratio has been a laggard throughout the current bull run. ETHER ETF ADVANCES TOWARDS APPROVAL On 23rd May, the SEC unexpectedly approved the 19b-4 forms, permitting CBOE, Nasdaq, and NYSE to list ETH ETFs. This surprised participants who anticipated a rejection. Take note that this does not signify that spot ETH ETFs are approved for trading yet. The applications must still clear the next hurdle, which is the approval of the S-1 form. This process could potentially be drawn out over the next couple of months but there are encouraging signs. Last week, Blackrock updated its S-1 form for its iShares Ethereum Trust (ETHA), suggesting that the issuers and SEC were working towards fine-tuning the details. The Block reported that other issuers were told to send in their updated S-1 filings by Friday 31/May. Additional rounds of revisions are expected before a final decision. Bloomberg analyst Eric Balchunas opines that approval could come as soon as June. A key point of interest for ETH ETFs will be whether the ETH held in these instruments can be staked. Staking Ethereum generates 3.4% APR (Annual Percentage Rate) as of 3rd June. Staking is exposed to risk of losses through slashing. Yet, it makes Spot ETFs attractive to investors. ETH ETF WILL DRIVE SPOT DEMAND Like the spot Bitcoin ETFs, ETH ETFs will drive additional spot demand for the cryptocurrency. Since launch, Bitcoin ETFs have seen more than USD 13 billion of capital inflows . Spot ETFs represents new source of demand and in the month following its launch, inflows drove large price moves. ETH ETFs are unlikely to attract the same level of demand as Bitcoin ETFs. Inflows into ETH ETFs are expected to be a fraction of those into BTC ETFs, with ETH assets constituting about 10%-20% of BTC assets in various regions, according to comparisons of currently listed instruments. Source: Eric Balchunas on X Projecting this level of spot demand, ETH ETFs could witness inflows between USD 1.1 billion (10% of BTC inflows) to USD 2.2 billion (20% of BTC inflows) over the next three months. ETH HAS LAGGED IN THE CURRENT CRYPTO RALLY BTC has been the clear winner in the current crypto rally. BTC is the only large crypto to exceed its previous all-time-high until now. In terms of relative performance, other cryptocurrencies have displayed robust performance too. Other crypto-assets Solana, Dogecoin and Binance Coin have surged to outperform BTC over the last six months. ETH has been a noticeable laggard. ETH had been underperforming even BTC until 20th May. Following the rally after approval, ETH has just managed to catch up to BTC performance but still lags relative to smaller (and riskier) crypto assets SOL, DOGE, and BNB. To get a sense of relative performance, we can plot the ratios of these crypto assets with BTC. This chart makes ETH underperformance relative to BTC even clearer. This underperformance might suggest that investors have moved away from ETH. That risk when flipped could also present an opportunity for ETH to outperform BTC in the coming weeks. ETH/BTC ratio is a mean-reverting quantity and relative to the peaks seen during past cryptocurrency bull runs, the ratio is low. Notably, the ratio rallied sharply after BTC reached new all-time-high levels in the past. HYPOTHETICAL TRADE SETUP Approval of ETH ETFs in the near term is likely to translate into spot buying, driving up prices. A hypothetical trade consisting of a long position in the ETH/BTC ratio will benefit as ETH outperforms BTC. Investors can execute a spread trade on the ETH/BTC ratio using CME Micro Bitcoin and CME Micro Ether futures. Each contract of Micro Bitcoin futures provide exposure to 0.1 Bitcoin and each contract of Micro Ether futures provide exposure to 0.1 Ether. Eighteen contracts of Micro Ether are required to balance notional value on both legs of the trade. • Entry: 0.0547 • Target: 0.0600 • Stop Loss: 0.0520 • Profit at Target: USD 655 • Loss at Stop: USD 336 • Reward/Risk: 1.95x Notably, this trade does not match notional exactly as the current BTC/ETH ratio is 18.28. Alternatively, CME offers Ether/Bitcoin Ratio (EBR) futures that enable investors to gain exposure to the ETH/BTC ratio through a single transaction and match notional exactly. Each contract of these futures corresponds to an exposure of USD 1,000,000 multiplied by the index value (approximately USD 54,810 at a ratio of 0.05481 as of May 31). These contracts enable investors to obtain relative value exposure on these closely correlated assets without taking a directional stance. The EBR contract is also substantially more margin efficient than individual futures on both legs (USD 6,800 vs USD 28,000 for the same notional value). However, investors should be aware that these newly introduced futures have poor liquidity compared to individual Ether and Bitcoin full-size and micro futures contracts. MARKET DATA CME Real-time Market Data helps identify trading set-ups and express market views better. 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 DISCLAIMER This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services. Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER the link to which is provided in our profile description.Shortby mintdotfinance77249
MBT long/short if-then scenarioIf price returns to discount, then I am looking at Friday's BISI for longs. There is 1D v.POC & t.POC in proximity. I prefer this first, as untapped t.POC at 69650 is a great initial target for longs Stop loss near the 67100 local low upon End of Value The higher probability, if price forces a higher high I am looking for a short Right above this local high is a t.POC, there is also as SIBI from Thursday. Also a very large volume node & potential for RSI bear div. I will NOT put blind limits for anything. I will be watching structure on the lower TF (5min) as we approach these key levels; among other edge, & these are just key levels N.F.A. by dontbeal8m8Updated 1
Cool OffAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.Shortby THE_APIS_TRADERUpdated 2
I'm falling for youAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.Shortby THE_APIS_TRADER2
BTC CONTINUOUSLY UPTREND IF NEAREST SUPPORT NOT TURNCOAT.BTC/USD in the light of price action analysis continue their uptrend bearish flag patteren if support remain unbreakable. If we see usd index that improve himself strongly upside that may break support of BTC/USd downward for back test.Bby ZainKhanQ1