BTC again turning bullishBTC turning Bullish:
Bitcoin turning and creating higher low at this stage we can consider it bullish and take a long entry with small stoploss of previous swing low.
Bitcoinidea
BTC / Market Update !BTC / USDT
Hello guys
Sorry for the inactivity last 3 weeks
BTC didnt make any significant move all this period it was a very calm market
As you can see Price still respect the key levels in high time frame since my old idea
We can see in my new chart a very clear falling wedge pattern, most likely it will breakout soon …the possible short term targets :27700$ - 28500$ - 29500$ - 31000$
Altcoins Market :
Dominance of BTC is breaking out as shown in picture below ,So Theres no any benefits for new entry in altcoins as long as Dominance is like that
We can make a new entry only if it turned to be a fakeout and strong rejection takes place unless that happen the waiting is the best thing we can do here for altcoins )
Don’t forget to support this idea by likes/rockets
Share your thoughts in comments section below ⬇️
Bitcoin's Life Cycle Part 2 : Bull or a Myth ?In my previous post, I made it clear that Bitcoin had entered a downtrend, with an approximate target of $5K based on the data I analyzed within a 91-day timeframe.
In this second part, we can observe the continuation of the downtrend, as evidenced by significant price breaks below a strong support level indicated by the grey box on a 34-day timeframe chart.
For me, the rejection range lies between 41k and 62k. The confirmation point will be when the 2-day timeframe chart becomes overbought. Trade entry confirmation will only occur at a key breakout, and I will notify the precise entry point when it happens.
Your valuable feedback is appreciated, and I encourage you to follow and get updates for my daily ideas in the Forex market for the selected currency pairs that I prefer to trade.
Disclaimer : Please remember to consider the timeframe associated with each analysis to avoid any potential misinformation. It's important to note that all predictions I share are for my personal reference and educational purposes only. Any trades inspired by my ideas, whether posted earlier, today, or in the future, involve financial risk for which I will not be held accountable. Thank you for your understanding.
Smart Money Buys Red CandlesWhen you understand that trading is all about going against the herd then you will become a Profitable Trader.
Welcome to the 5% club!
#SniperGang
Never over Leverage.
Trust your trade set up.
Have a Great Weekend!!!!
BTC when will the breakout be LONG~please read~Hello traders🌍🆗
We have a possible cup and handle on the daily view ☕
We are currently in a descending structure that has been forming over the last month.
Bitcoin price ascended to a sharp test of the top of structure ▶
We made a similar structure just upsidedown May of last year ⏬
I am watching 👀out to see if we reach 25k as a potential buy zone
We could also go back up for a retest.
What do you think??
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
🖖🎉🐶📈📉🤍
Jazerbay
BTC Bitcoin and the Wall Street-backed EDX Exchange LaunchIf you haven`t bough BTC on this Blackrock filing here:
Then you should know that the recent launch of the Wall Street-backed cryptocurrency exchange, EDX Markets, is a significant development that signals growing acceptance and adoption of digital assets within the traditional financial industry. This event brings a bullish sentiment to the crypto market, indicating increased confidence from institutional investors.
EDX Markets is specifically designed to facilitate safe and compliant trading of digital assets, offering clients distinctive benefits such as competitive quotes, liquidity, and a non-custodial model. By prioritizing best practices and establishing trusted intermediaries, EDX aims to alleviate conflicts of interest and provide a secure trading environment.
The initial assets available for trading on EDX are the largest cryptocurrencies by market capitalization, including Bitcoin (BTC) and Ethereum (ETH), as well as Litecoin (LTC) and Bitcoin Cash (BCH). This selection showcases the platform's focus on the most established and widely recognized digital currencies, instilling confidence in investors.
The entry of prominent financial players such as Schwab, Fidelity, and WisdomTree into the cryptocurrency space further strengthens the bullish case. WisdomTree Investments' recent application for a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC) reflects the growing market interest in this investment vehicle. With BlackRock's filing also fueling the discussion around Bitcoin ETFs, it is evident that established firms recognize the potential of cryptocurrencies as a legitimate asset class.
In this context, my short-term price target for BTC is $31K. However, I maintain a bearish outlook for the overall year due to the ongoing Binance investigation and the lawsuit filed by the SEC.
Looking forward to read your opinion about it.
Bitcoin is ready to sky rocket!Bitcoin has just broken up and out of the Falling Wedge.
The momentum to the upside is strong and it looks like we have other indicators showing confirmation.
With Moving Averages 7>21>200. (Bull market)
With the RSI it's above 50 (Green and bullish)
It has also broken out of an uptrend, which tells us the Falling Wedge is acting as a Continuation Pattern. My first target is $36,000. This is just an update from the previous analysis I did on Bitcoin.
BTCUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for BTCUSDT.1D
We are in the daily time frame. As you can see, the price is completing the cup pattern. And we have two scenarios in mind.
First scenario: If the price can stabilize above its first resistance line and break its strong resistance zone, we can say that the price can start an upward rally.
Second scenario: If the price is weak after hitting the resistance line and cannot move above the resistance line, we can experience a price correction because the price has tried and failed to break this area several times. But there is a possibility of breaking this area and it is not far from imagination
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
Bitcoin collapse? or drop down to around 26k?Bitcoin seem to be bearish even though it has traded bullish for most of the week, we could see it bouncing off nicely from a 60 minutes(1 hour) timeframe orderblock. With enough liquidity taken from previous structural highs on the daily timeframe and the latest liquidity taken being last month's high and price failing to make high(s) above yesterdays high around 30700, we could anticipate price moving back down for some retracement at least, especially since the weekly timeframe is yet to make a good buy structure after bouncing off nicely from the monthly fair value gap. The 26000 price level seem to be a pretty good and strong support area that the market could trade into and if price continue to trade down below 24800 then we could anticipate a collapse down to 15500.
Bitcoin in daily time frame: going to 63k or 13k?!Price engulfed to the castle of buyers in 15k! So trend is bearish in weekly time frame and probably after a correction to red zone, it will continue its downtrend and move towards 13k!
Probably!
Good luck friends
BITCOIN: What Happens Next to the Crypto Market?WisdomTree has filed with the US Securities and Exchange Commission for a spot Bitcoin ETF.
The company describes the proposed investment vehicle “WisdomTree Bitcoin Trust” as an ETF that will be listed on the Cboe exchange BZX under the symbol BTCW, according to a June 20 filing.
WisdomTree's ETF — or any other spot Bitcoin ETF — will give institutional investors access to the value of Bitcoin without investing directly in the cryptocurrency.
WisdomTree filed a very similar ETF in 2021. CboeBXZ then filed a proposed rule change in January 2022 to support WisdomTree.
The SEC rejected that rule change in October 2022, citing problems with inadequate surveillance-sharing agreements and protections against market manipulation.
WisdomTree's latest filing comes just days after asset management giant BlackRock filed a Bitcoin ETF.
While BlackRock's filing has yet to be approved, some are optimistic about the company's ability to provide a satisfactory surveillance-sharing agreement.
Bitwise has also filed for a Bitcoin ETF for immediate delivery after BlackRock. Some rumors suggest that Fidelity is planning a spot Bitcoin ETF, although those rumors have not been verified.
The SEC has yet to approve any spot Bitcoin ETFs in the United States.
bitcoin predictionI mentioned that if the downward channel is broken and there is an upward movement at this timing, it will likely rise significantly.
You can check my previous post for more information.
As the third extension of the third wave is currently underway, it is expected to demonstrate the highest level of increase.
We anticipate a length of 161.8% (33780) or 261.8% (42550) of the larger-scale first wave.
BTCUSD Trend analysisBitcoin is heading towards Fib Golden Zone before a major fall.
A nice Cup with Handle pattern signifies that.
BTC ForecastThis could be good opportunity to invest in BTCUSD, although it can be a trap for falling further.
Bitcoin cryptocurrency market has surpassed 50%Today I want to talk about an exciting news related to Bitcoin (BTC). Bitcoin's dominance in the cryptocurrency market has surpassed 50%! This means that the majority of investors are putting their money into BTC.
Bitcoin is the first and most popular cryptocurrency asset, and its growing dominance signifies that more and more people recognize its potential. There are several factors that attract investors to Bitcoin, including its limited supply (21 million BTC), high liquidity, and a history of stable value growth.
Considering these factors, investors are looking for opportunities to purchase Bitcoin during market pullbacks. It's common for investors to seek buying opportunities when the price drops to $24,000 and then anticipate a rise to $35,000.
BTC Bitcoin Falling WedgeThe Falling Wedge Pattern of Bitcoin is following the trendlines from the last post:
Eventually I expect the pattern to complete at $23000, as you can see in the chart.
Looking forward to read your opinion about it!
bitcoin prediction- Currently, 4th and 6th exhibit similar situations.
-If 27050 is strongly breached,
there is a high potential for significant upward movement.
-Taking a short position at 26950
and preparing to cut losses when it is breached can be a good strategy.
BITCOIN BEARS 🐻BTCUSD has been on consolidation for a while now. I assume it is accumulating positions for a distribution that will occur on the near future.
I expect it to take out the EQH before it goes on a bearish move which will take out the 50% level.
Bullish on BTC 🚀Price has taken out lows and rebalanced itself. Thus price will go to higher levels with more weight such as the monthly imbalance high at 31950 (TARGET)!
Bitcoin | GameplanIt's no secret that BTC is in the decision phase.
I tried to predict the new range that will be created if the price continues down, based on the previous two ranges.
Bitcoin Performing A Short Squeez To ~ 27KAfter the retest of 25.1 it pumped and found resistant around 26.8 ( our white horizontal line)
we could have a possible move to 27.5 then another crash!
Thanks for watching
Bitcoin : Phoenix or Ashes at $5286 ? Bitcoin Life Cycle Part 1
Technical Analysis of the 91-Day Key Time Frame:
Trend: Bitcoin is in an uptrend.
1. Pullback to the Blue Demand Zone: Currently, we are experiencing a pullback to the higher low of this uptrend, marked by the blue demand zone. Previously, blue dashed line was broken, indicating the lower high of the uptrend, leading to a significant bull run towards the 60k mark.
2. Anticipated Drop: According to basic trend analysis, pullbacks are expected. To support this view, running the VRVP indicator on the entire lifecycle of Bitcoin suggests even lower targets than what I claim based on my analysis.
Your valuable feedback is appreciated, and I encourage you to follow and get updates for my daily ideas in the Forex market for the selected currency pairs that I prefer to trade.
NOTE : Please remember to consider the time frame of each analysis to avoid any potential misinformation. Additionally, please note that every prediction shared is an idea for my personal reference. These predictions may have been previously posted or could be shared in the future. Thank you for your understanding.
Bitcoin Bruh!This weekly chart is making my whiskers twitch.
I've been out all night, running in the woods.
If the Cypher is real, we are going to the moon!
If the Bear Flag is real, I'll be running for the hills with my tail between my legs!
What do you think?
Owhooooo!
