BITCOIN UPDATESHello, just incase you missed the Uptober. I will be waiting for the clear or above of it.
right now its on a middle range, its hard to trade atm.
This is only my view.
FOllow for more.
BMC1! trade ideas
BTC Long trading ideaCME:BTC1!
1W
Cup and handle
Enter = 70280
TP = 127895
SL = 52955
RR = 3,33
#DYOR
Elliott Wave Analysis: Bitcoin Consolidation ResumesBitcoin is turning to the downside as the US dollar recovers alongside US yields, which have risen nicely since mid-September. With further dollar strength possible, potentially pushing towards the 102.50 or even 103 levels, this is likely to be bearish for Bitcoin, at least in the short term. Bitcoin has also turned down impulsively from above $67,000, signaling that it remains trapped in a large consolidation phase. While I believe there’s potential for Bitcoin to eventually break to the upside, we will need to be patient until some key levels are taken out.
Grega
Bitcoin to 47100-47800On the CME Bitcoin graph we clearly see an unclosed gap in the 47100-47800 levels, I believe before the final bull run in November we will go there and grab the liquidity and move to ATH.
The Perfect Time To Buy Bitcoin Using These 3 StepsIt seems obvious to me to
buy bitcoin
because we are entering
a recession and its during
election time.
-
I needed some energy
today and so
I went to buy some cookies,
sat down at home
ate the cookies with a
drink of tea- no sugar.
-
I love the taste of raw tea.Its got
that good punch!
-
The global economy is about
to go into inflation
and you will notice more conflicts,
and rate cuts
-
to support the global dollar
system and power
during this inflation
Bitcoin CME:BTC1! is the key asset to hold
-
But how do you determine an uptrend?
Using the following 3 steps:
-The price has to be above the 50 MA
-The price should be above the 200 MA
-The price should uptrend
-
Usiing these 3 steps you can see
that Bitcoin is going up.
You can make a special case for gold as well
But I prefer bitcoin.
-
Trade safe..
Rocket boost this content to learn more.
DISCLAIMER: Trading is risky you will lose
money whether you like it or not. Learn risk
management and profit-taking strategies.
#BTC: H2 BULLISH NARRATIVE Now that BTC is showing bullish strength, desiring to buy is the best if price are seen at these demand zones
BITCOIN Preparing for a Major Move – Key Levels to WatchBitcoin is approaching a critical juncture with potential for a significant breakout or a sharp rejection. Key levels to monitor are the FWB:67K - $68K zone. Here's the game plan:
If Bitcoin breaks through the FWB:67K - $68K resistance, we could be looking at a continuation towards a new all-time high.
If Bitcoin faces strong rejection at this level, it could trigger a major downside move. A breakdown could lead us to $44K - FWB:42K in the coming days or weeks.
Stay vigilant and ready to capitalize on either scenario. Be sure to manage risk and avoid missing out on these potential moves!
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Bitcoin vs. various Gold vehiclesBitcoin vs. various Gold vehicles. Doesn't BTC look like a clear winner. The others seem to pale in comparison as of 9/2024
Soon we enter into the next bullrun facemelt, be readythe last times we broke the negative trend on the rsi on the weekly btc facemelted up, I could see a case where we have one more dip to create a very large inverse head and shoulders on the daily, but usually you don't get another chance to buy the lows, and since september is coming to an end and there is rate cuts from the usa and china.... :)
BTC, we are waiting....Bitcoin is in range/bearish flag since his top (74'000$).
Now we have reached a strong level - 65'000$ who is :
- The high bearish flag level
- A strong resistance
Let's wait few hours to see if the bitcoin decided to breakout this price.
My plan is simple : add-in a line following the pull-back to 65'000$
Expired BTC.USD Weekly outlook. 4th WK SEP 2024Expired BTC.USD Weekly outlook. 4th WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 63,000.93
This Week Target Price: 64,355
Strike Price: 64,661 on SEP 22, 2024
Upper Range: 67,438
Lower Range: 61,271
BTC = AMZ?this chart of BITCOIN and AMAZON is insanely similar. Maybe Blackrock's aladin research is behind all of this. Maybe Bitcoin is really hijacked? Anyways, the game is rigged but we can still play it. The chart suggest BTC traded below 74k to 39k in 2025? I will have another chart with similar price pattern but for 96k-50k. Let's see if it plays out
BTC - Fighting Resistance
Again another picture perfect prediction thanks to the amazing analytical tools of Viaquant.
In our last post we laid out the two scenarios that were most likely to happen with the rate cut decision. The first scenario we laid out was the one that ended up playing out and we got the pop from $60,000 to $64,000. Exactly to our white line of resistance we laid out.
Now we are going to closer monitor if sellers heavily defend this area (which could lead to a drop to the CME gap) or if we can break above the white and orange lines which would lead us to the trying to break the most important level of $71.3k on the 3D chart. Once we get a close above that level is when the true fun begins.
$BTC need to fill the gap ~65.5K - small pull back - shortPer ICT principles , + 150 SMA just crossed in the BTC
The BTC will go up until 65.5K and the a pull back to 150SMA for the entry
Expired BTC.USD Weekly outlook. 3rd WK SEP 2024Expired BTC.USD Weekly outlook. 3rd WK SEP 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 60,579
This Week Target Price: 61,699
Strike Price: 62,501 on SEP 18, 2024
Upper Range: 64,783
Lower Range: 58,616
BTC - Rate Cut ScenariosHello traders,
Briefly I wanted to give my thoughts on what we might see develop with the price action of BTC today. No matter what I believe these rate cuts will lead to the continuation of the bull market in the macro structure but it is possible to have a short term pull back before.
We are viewing the CME chart as we still have a gap to the downside around $53,000-$54,000. It would be ideal to have price fill this level before breaking out of its multi month falling wedge. Based on the charts there are two main scenarios:
The first scenario is we get a pop to the upside to test the white trendline ($64,000-$65,000) and then maybe retrace one more time to fill the gap.
The second scenario is we get an initial drop to fill that gap which would put price somewhere between ($52,000-$54,000). Price would retest the green trendline or just fill the gap and then we continue the run to the upside.
We no longer have to worry about the downside risk as much once we see daily candles on the CME chart close above the orange line. Once we see a 3D candle close above $71,300 that will give us the confirmation of the next leg of the bull market starting.
Points of Interest on BITCOIN before FOMCI'm watching the price action closely today as we approach the CME gap at $61.5k.
We have not yet taken the previous high on the CME chart. The gap is still open a little bit. We've also accumulated some liquidity at about $57.2k. It is also wednesday, which is know for it's trend reversal.
Tea Anyone?Massive Cup and Handle perhaps? It looks like Bitcoin might be ramping up into the election season and might even tease some new highs. This is a nice looking setup. A trump victory in November would more than likely push bitcoin into some uncharted territory. The election will be a major swing factor these next few months
Crash Alert! Fed Rate Decision Could Drop Bitcoin!Bitcoin is consolidating at $58,680, but here’s what to watch for:
There's an unfilled gap below, which could be closed if bearish pressure increases.
The Federal Reserve is on the verge of a major decision — if they cut rates by 0.5%, we might see a sharp drop in Bitcoin.
Current market consolidation shows a tug-of-war between buyers and sellers, adding tension to the mix. 📉
❗️ Keep an eye on support zones and market reactions to the upcoming Fed rate announcement!
✔️✔️✔️ Always do your own research and assess your risk.
❒❒❒ If you have any questions, feel free to reach out here or on my other social media platforms linked in the profile. Follow and join our community for deeper discussions and opinion sharing!
❤️❤️❤️ And please don't forget to support this idea with likes and comments.
Haters ❤️
CME Gap at $54k on the 4hr BITCOINPlease take into account in your analysis that Bitcoin has a CME gap at around $54.2k.
CME gaps are usually closed by the price moving towards them. This is on the 4 hour time frame and not as small as a gap with around $500 in spread.
BITCOIN SHORTLooking to short bitcoin here. We have a 2 week bearish order block that price has tapped into. It hs bought into the 4H resistance of the current 4H downtrend. on a lower time frame it seems to b creating a higher low which grabbed equal highs. If I can get confirmation I will short here. If price does not want to hold here it may retrace further up the 2w order block before selling.
