Bitcoin (BTCUSD) - $70k Seems Like A Tough Mountain To ClimbThe potential for a draw @ $70k is still a possible as long as we see Wednesdays low kept in tact. This will be seen as a higher low in the overall bullish structure. by LegendSince2
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.Shortby AlanSantanaUpdated 4848182
#bitcoin 's former supports turning into resistancesAfter #tether FUD, #btc CRYPTOCAP:BTC price has made a deep wick then recovered after the news have been denied. Now, red box is the resistance zone in LTF. #bitcoin price also made a bearish double top and it has worked today. If, #btcusd fails reclaiming the red box resistance zone, new minor local lows are expected.by naphyse1
BTC Short Price broke down after failing to break 68K resistance. Pulling back into supply zone on 1 hr chart . Trigger entry once inside .Shortby stevetambo326
BTC/USDT.P Trade setupSwing Trade: if today's daily candle closes confirming the lower high, I would be interested to get into a swing short as we are likely retracing further down for a lower low retest some of the previous broke out areas. However, if in 7 hours and today's candle closes bullish and continues the the trend upwards, then this idea would be invalidated. I would not get into this trade until the this daily candle closes. It is Friday, and price action can get crazy (as you can see for the past few hours lol), trade safely. Shortby Nate369891
Project Monday Strategy: Long Signal on BitcoinThis trading idea crated with Project Monday Strategy v2.0 (coming soon). Entry Price: 67735.97 USDT Preliminary Stop-Loss: 65282.32 USDT Preliminary Take-Profit: 72553.24 USDT This strategy preset generates orders with following results during 6 years: Net Profit in %: 1954,32%; Percent Profitable: 47%; Profit Factor: 2,16; Max Drawdown: 26,31%.Longby algoaisystem3
BTC range or correction short term By the end of the month, we could be in this range or correct a bit to the 63k area, and look for positions ahead of the U.S. elections on November 5, which could be an important catalyst for cryptocurrenciesby AJTRADER843
BTC DUMP!!!!!! POSSIBLE 45K AND 15KBitcoin recently encountered a major supply zone at the $68,882 level, a price point where significant selling pressure is historically evident. This area has served as a psychological resistance point, with heavy sell orders placing downward pressure on BTC as traders and investors aim to capture gains. The recent high volatility leading up to this zone, characterized by sharp price movements, suggests that Bitcoin’s next moves could be larger in magnitude. In high-volatility conditions, sudden sell-offs are more likely as increased uncertainty prompts rapid exits. Given BTC’s tendency for exaggerated moves following periods of high volatility, an extended downturn is possible if this level holds as resistance, signaling a potential loss of short-term bullish momentum. Breaking key support levels could escalate a bearish turn, with potential price targets descending to $45,000 and even further down to $15,000 if historical trends repeat. Over past market cycles, Bitcoin has seen similar corrections of 50% or more, especially following peaks during bull runs. While this seems severe, it aligns with Bitcoin’s historical behavior after reaching critical resistance levels in oversold markets. Traders and investors are advised to maintain a rational mindset during these corrections and avoid being swayed by emotions, as downturns have been part of Bitcoin’s broader cycles. Focusing on fundamentals and managing positions conservatively can help avoid reactionary decisions during these volatile phases.Shortby AfricanD0071
The MTOPS system says to protect until next weekFollowing the advice from the MTOPS Criteria, it's best to avoid opening a trade until next week Have a wonderful weekend 🚀🚀19:00by Blayno_MTOPS445
Bitcoin - DOUBLE TOP Weekly TimeframeA Double top in the weekly timeframe is never a good sigh - however, all is not yet lost. One final pattern remains to be seen - and that is the Bump and Run method. Perhaps we can bump that diagonal support around 65k, retest the bulls' determination - and then make the final impulse wave up. There is a fakeout observed on Dogecoin as well, and alts that have increased alongside BTC over the past week will likely fall pretty hard IF Bitcoin cannot keep closing ABOVE 65K. ______________________ BINANCE:BTCUSDT 03:26by CryptoCheck-Updated 4415
BTC - Key resistance at $71k could trigger a bull trapI think we are due to experience some key resistance at 71k that will trap bull's as I expect the market to come back down and liquidate bulls by hitting stop losses. I am currently in a long trade from $63k but I am anticipating key resistance at this level. Especially, because it will be the first retest in over 3 months of the level. We are also in the third trending move of this trend from the 52k level. by subtlepapi2
BTCUSDT: Ready to rally towards 70K!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse BTCUSDT on lower time frame: The recent decline of BTCUSDT to the $65,300 level appears to have been a corrective pullback. The current price action suggests the formation of an inverse head and shoulder pattern, a bullish technical indicator. Historically, BTC has exhibited similar patterns around the $60,000 level. In the past, BTC initially broke below the $62,200 to $61,700 support range and the 50-hour EMA before eventually rebounding and breaking above $65,000. Following a similar pattern, BTC recently broke below the $67,200 to $66,700 support and the 50-hour EMA, reaching the $65,000 level. Based on this analysis, a potential 6-7% upward move could be on the horizon. Key Levels: Resistance: $69,000 Support: $66,700 Lower Support: $65,500 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!Longby persis10t5
Operator Bull and operator BearOperator or Short covering or long windup makes the trader huge loss as it happens suddenly to protect the it have labels pointed along with PCR based on bars orders03:02by duvvurimaruti0
btc is going down to 58kIm in short, lots of FS and lots of liquidations at 57. People are soooooo bullish, so it means we'll get a small rejection before raiding ath. Considering shorts at 67-68 with stop at 70 and take at 58 BINANCE:BTCUSDT Shortby VillFX2
BTC UPDATE (12H)This analysis is an update of the analysis you see in the "Related publications" section Before anything, know that there are always many market scenarios and we always publish the most probable scenario. With many reviews, this Bitcoin scenario seems to be more correct. There has been no change in the movement process and only the amount of price correction and then its retracement has changed. Our latest view on Bitcoin is as follows. Closing a daily candle below the invalidation level will violate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank Youby behdarkUpdated 2222
HelenP. I Bitcoin will fall to trend line and then continue riseHi folks today I'm prepared for you BTCUSDT analytics. In this part, we can see how the price entered the support zone (65600 - 66150 points) and at once turned around and dropped to support 2, breaking support 1. Then, the price some time traded near this level and then started to grow. When BTC rose to 63950 points, it turned around and dropped until the trend line, breaking support 2, after which it started to grow. In a short time, the price broke 2nd support level and then continued to move up to 1st support level. When BTC reached this level, it some time traded near and then broke it, after which continued to grow, exiting from the support zone as well. After the price rose until to 69250 points, it turned around and quickly fell to the trend line, but a not long time ago price continued to grow. Therefore I expect that BTCUSDT will decline to the trend line again and then continue to move up. For this case, I set my goal at 69500 points. If you like my analytics you may support me with your like/comment ❤️Longby FirstNameHelenUpdated 6626
BTC SHORTThe price compression in this area allows me to place my stop near the previous pivot point and above it and the target at 65 where it has returned from that price. I hope that this high risk position will pay off.Shortby ARCHI_TRADES2
BTCUSD BITCOIN forcast for the following week BINANCE:BTCUSDT Analysis Trend Overview Bitcoin remains in an uptrend on both the 4-hour and daily charts, sustaining higher lows and strong bullish momentum. Key Support and Resistance Levels Support: Immediate support lies around $66,000, with further support at $65,200 if a pullback occurs. Resistance: Immediate resistance is seen at $68,500, with the next target near $69,000 if bullish momentum continues. Indicators Overview Moving Averages: BTC trades above both its 50-period (short-term) and 200-period (long-term) moving averages, reinforcing the bullish trend. RSI: The RSI is nearing overbought levels, suggesting strong buying interest but also signaling caution for a potential pullback. Price Action Bitcoin’s price action on the 4-hour chart shows a series of higher highs and higher lows within an ascending channel, supporting a bullish outlook. Potential Scenarios Upside Continuation: A break above $69,400 could see BTC rally toward $71,000. Downside Risk : A close below $65,000 may signal a temporary pullback to $61,000 /62,000 support. Please be aware the US election results will massively affect the assets price upward in case Donald Trump won and will have a neutral effect in case the opposite happens Conclusion The short-term bias for Bitcoin remains bullish while above $66,000, with potential for continued gains if resistance levels are breached.Longby Amr_m5
bitcoin is readi!!!hello dear traders according to the correction that happened recently one of the that most likely scenarios is that with a correction to the demand area and hitting the upward trend line there is a possibility of climbing to the specified points otherwise the trend will be downward in the medium term be sure to the check the necessary elements to enter the transaction because no one is nostradamus Longby nimasoleymannejad1
#BITCOIN ⟶ READY TO EXPLODE?!#Bitcoin Analysis - 1-Hour Timeframe As long as #Bitcoin remains above its weekly support at 66963.27 on the 4-hour timeframe, its bullish trend is likely to continue. One potential growth pattern is a rising wedge, as shown in the chart. In a bearish scenario, before resuming its growth, it might retest the 66963.27 support level. #Bitcoin's next growth targets: Target 1: 69033.05-69195.52 Target 2: 69697.40 Target 3: 70192.76 Target 4: 71482.50 Target 5: 73905.50 Note: Target 2 is a significant resistance level. A re-evaluation of the chart after reaching this target is essential to determine if the growth will continue or if a correction will occur before further growth. Stop-loss for this growth plan: A breakout below the weekly support level of 66963.27 on the 4-hour timeframe. In this case, the trend remains bullish according to my previous analysis, but a drop to the previous low before the growth is likely. This analysis represents my personal opinion, and you are solely responsible for your decisions. Wishing you the best!Longby Eldorado_Land17
BTC is bullish!Hi guys At first, the price is rejected after reaching the historical resistance, then a channel and convergence is formed and have a fake out at the bottom of the channel and the price returns to the place from which it was rejected (back to resistance). This is just an analysis and isn't an offer to buy or sell bitcoin. First TP: $100,000 Second TP: $135,000 What do you think?Longby RaminGhH6
BTCUSDT POSSIBLE BUY OPPORTUNITY In 15Minutes chart, price has started to print a bullish move away from the low price of $67,274 if price trades to $68,218 a buy opportunity is envisaged and our target will be the weekly highLongby Cartela3
BTCUSDT Strong support at $65,000BINANCE:BTCUSDT on the daily timeframe is forming a descending broadening wedge, with the price currently testing the upper resistance trendline. This pattern often suggests a potential bullish breakout if the price successfully surpasses the resistance. The volume profile shows significant trading activity between $65,000 and $67,000, indicating this range as a key support zone. Additionally, lower trading volume above the current price may suggest lighter resistance if the price moves higher. The $65,000 level is acting as strong support, while $69,000 serves as potential resistance. A breakout above the wedge could signal the start of a bullish rally. Regards hexaLongby HexaTrades5