TIME TO BUY BITCOIN?Price has indicated a bullish momentum building up around the current price, I expect the momentum to continue all the way up to the piece of 28720.
Bitcoinidea
In my last post i predicted the current level when it was @ 22k$IN my last post i predicted the exact move of BITCOIN and predicted the next level where its heading , now its reached that level and consolidating . Now the next scenario could be BITCOIN is trying to reach the blue circle before that BITCOIN will consolidate and liquidate the long position and create a volatile move.#DYOR
Cloudy☁️ (Confidence: 0.57 )🌤️ Bitcoin weather report!
The past hour's chart index for Bitcoin shows that it's currently cloudy 🌥️ with a slight chance of sun ☀️. Confidence in a sunny forecast is at 0.57, which is lower than the baseline of 0.864.
The open, high, and low prices are hovering in a narrow range with a small volume, and the closing price is slightly lower than the opening price.
The EMA lines are indicating a bearish trend, with the shorter-term EMA9 below the longer-term EMA21, EMA50, EMA100, and EMA200.
The RSI is in the oversold territory at 39, while the Fast_K, Slow_K, Slow_D, and MACD are showing bearish signals as well.
Overall, the current Bitcoin weather forecast looks cloudy with a chance of sun, but the indicators are pointing towards a possible downturn in the near future.
Bitcoin -> Following The PatternHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that as we are speaking, Bitcoin is approaching a quite obvious previous weekly support area which is now turned resistance exactly at the psychological $33.000 to $35.000 level.
However you can also see that weekly market structure and moving averages are massively bullish - we also just recently retested the previous Crypto cycle high from 2018 and already started the rejection towards the upside, so I simply do expect another rally on Bitcoin at the current levels.
On the daily timeframe you can see that my last video analysis, linked below, just perfectly played out, Bitcoin is also currently creating a quite obvious ascending triangle on the daily timeframe so I am now just waiting for a break and retest of the resistance at the $29.000 level before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Bull Market Starting Signals for #BITCOIN!#Bitcoin 🔥🔥🔥🔥
"Bitcoin is a remarkable cryptographic achievement... The ability to create something which is not duplicable in the digital world has enormous value." - Paul Krugman, Nobel Prize-Winning Economist.
-BTC bullish signals MACD and Bull market band!
biggest short setup of ur life Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
BTC is Looking Good for BREAKOUT Trade BYBIT:BTCUSDT.P
BTC is in Uptrend following 30min TF from support
If BTC breaks trendline and starts Consolidating, Invites sellers for liquidity then we can expect a good Breakout.
but this phase is important for Breakout of 30k level.
Let's see what happens
For now BTC will go down after breaking the trendline. (Till Support level)
"May's Bitcoin Options: Deep Insights & Strategy 🎯"Fellow traders, let's delve deeper into our Bitcoin options analysis, which includes option clusters, max pain price points, oversold and overbought territories, and weekly biases. According to the chart, the $28,000-$29,000 zone appears to be a prime opportunity to buy BTC throughout the month, capitalizing on dips within the equilibrium zone.
Targeting the weekly oversold zones at $30,000-$31,000 seems fitting, and for those who want to aim higher, the monthly oversold territory at $32,000 is also worth considering. To manage positions effectively, consider taking half profits off the table once the price reaches these targets and move your stop loss to breakeven. This approach allows for the possibility of the monthly options market paranoia cluster playing out, keeping your strategy flexible and adaptable.
Stay ahead in the ever-evolving Bitcoin market with these deeper insights and strategic trading tips.
Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always do your own research and consult with a financial professional before making any investment decisions.
Bitcoin Quarterly Time Pattern A chart can help frame your mindset for whats to come and I hope this chart and outline below helps you frame and prepare yourself to the 9 bull quarters remaining (over 2 years of waiting ahead or 27 months).
I used the Heikin Ashi candles as visually I found them better at inflection points for determining the trend change from bear to bull (5th to 6th Quarters).
Main take aways from this chart
- MAIN THING IS PATIENCE AND TO BE ON OUR TOES IN Q4 2026. We should be taking profits as early as October and the majority in November.
- There are 4 years between all time highs so we project next ATH Quarter will be Q4 2026.
- 5 Bear Quarters are followed by 11 Bull Quarters.
- We are in the 2nd Quarter of an 11 Quarter Bull Run. Patience required.
- We have never seen just one green Heikin Ashi Candle so we can expect another relatively green quarter in Q3. This is saying a lot and is not the expectation. That does not mean that we could bounce off the Q2 lows of $23,190. Regardless probability Q3 would
finish green (based on history) is high despite BEAR NEWS. No guarantees, just more probable based on the chart. In contrast, the weekly candles look like they could in fact turn over to the red, however we are looking at the Quarterly chart and even with some
weekly red candles Q3 could still be Green.
All Time Highs on this quarterly chart are all in late Q4 and 4 years apart.
December 2013 - $1,258
December 2017 - $19,789
November 2022 - $32,210 to $68,675 (Fib Ext 1.618 to 2.618)
November 2026 - $109,781 to $176,000 (Fib Ext 1.618 to 2.618)
AGAIN!!! The MAIN THING IS PATIENCE AND TO BE ON OUR TOES IN Q4 2026. We should be taking profits as early as October and the majority in November.
Patience Friends
PUKA
BITCOIN LONGBitcoin is expected to push up high above the $35,000 direction this week or by the end of next week. Although that is not the main target as this is a very volatile market.. watch closely. $65,000 incoming...
Fakeout at 28,500$ Daily level? 😼 Setup : FakeoutLooking for a bounce back up for a retest of 28,500 before returning to the downside. We haev 2 days left in this Weekly Candle. I can see the weekly candle closing below 28,500. If we do this, we can anticipate a top wick retest on the next weekly candle back around 28 to 28,500 Area where we will look for short setups. I think we became a bit over extended here for the bulls. There are popular posts talking about taking more buys. This did not play out and price is ruthlessly coming back down taking out buyers from previous few weeks who have held the bag. I'm anticipating a bounce but a deadcat bounce for more shorts.
Bitcoin Daily Chart View | OKXIDEASHello traders,
Bitcoin is setting up for a both sided, if you interested in sell then you just need to wait for price to break the 50 simple moving average and also the 26940 level with the candle body not wick and if you interested in buy and you have your own reasons to buy bitcoin you just need confirmation then simply look for price to breakout the white wedge and also 30020 level after that you can buy bitcoin according to your own trading system or strategy.
I am currently just waiting for price to break from any side, until that time there is no trade opportunity on bitcoin it is just ranging around 26000 to 30000 levels.
Bitcoin day traders are well know that they can trade bitcoin on short-term time frame in ranging market.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
btc near major resistance zoonHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Now major supports are:
A. 26000$ daily support
B. 23500$ major Fibonacci support levels
major Resistances are:
A. 30000$ Channel retest of breakout
B. 32000$ major Daily resistance
BITCOIN - Keep it simple (first down, then very up)Watch the video, hopefully it is self explanatory. If not - drop a message down below!
TL;DR
Short term I think Bitcoin will consolidate further, in an extreme move we could even see prices below 20k. But if that happens, I expect it to turn out to be a bear trap.
I don't think we will see another low for Bitcoin. Even though we are likely heading lower in the short term, I remain very bullish for Bitcoin.
PS: There is actually more to the analysis than that, but I tried to keep it as short and simple as possible. If you want more explanation, e.g. why I think we've seen the bottom in Bitcoin, let me know in the comments.
BITCOIN ready for a little correction ? hi drear trader
when dollar currency index wanna test the dynamic resistance around 103 .... bitcoin can test support zone ...
you can set alert when dynamik suppurt break out
stopp loss need for any position
BTC/USDHere is a closer look at this chart.
BTC needs to turn the key Resistance area located around $32,157 - $28,682 into strong support.
That’s it, quick n dirty. I hope this chart is helpful.
BTC Bearish Sentiment Coming Back! Fake Pullback to 29K!Bitcoin bearish sentiment is coming back to the market. with sunday fake pull back to 29K and then losing it couple of hours after.
Strong bitcoin control zone at 25K which could led to 30K AFTER reaching 25k.
Losing 25K could result in a capitulation.
Thanks for watching and all your support
BTC - Are we in a Bull Market?Hi guys. Welcome to my Macro TA analysis on Bitcoin and the bull case. I like to use different tools to see if i can find patterns that things clear, especially for long term/ macro trends. Since it is becoming more likely that we are in the beginning stages of a bull market atleast for bitcoin. Its now necessary to keep an eye and find confluences.
What i have on my charts today are:
2 moving averages
Blue line = 50 month moving average
Yellow line = 21 month moving average
2 indicators
1. Wave trend oscillator
2. ADX and DI
These 2 indicators i like because they help establish direction of trend by marking overbought or oversold areas. Gives somewhat of a picture on momentum as well
NOw lets first look at our moving averages the Blue and Yellow lines.
Just looking at the placement of the candles in relation to the lines.
Anytime we are above the yellow, we are in a bull market
Anytime we interact with the blue, its marked a solid BUY opportunity.
But taking a focus on the yellow line, as to stay on topic with our title. The green circles highlight everytime we've interacted with the yellow line coming from the blue line. Very important to highlight this, as we are CURRENTLY in the process of interacting with yellow line.
We are also going to close APrils monthly candle, so how we react to the yellow line is key to knowing if we are indeed in a bull market. OUr previous data points (2 in #), which is not many. Indicates that it takes 1 candle to hover right below yellow line, BUT the next monthly candle breaks through the yellow line. So perhaps MAY we do get above yellow line. Remember, however that this does not mean its definite. It is not a definite or sure thing we repeat history. Its more about probabilities. But one way to use this in trading, would be to see what we do in May and June, and if their is a confirmation candle during Junes close. That can be an opportunity to get in for the entire duration of bull market.
Now lets look at the 2 indicators.
1. Wave Oscillator -> Normally i use this in a way to determine buys and sells. And i would buy if the green line goes to the lower horizontal dotted green/ lined green combo at the bottom. And sell when the green line gets over the red horizontal line.
But what im using this now for is how it moves or reacts when we get to yellow line. What i came up with is, mainly looking for curvatures and placement of green line with red dots. From previous 2 green circles, green line has to be on top of the red dots and the green line should be curved upwards. Currently we have both of those happening and we are at a lower low compared to previous times we repeated this.
This is a great thing but there is a slight danger. Since this indicator is creating a lower low and price action is creating higher low as indicated by the white trend lines. This is a bearish divergence. We need to be watchful of this. If this plays out, we can see drop in price. Probability of this playing out for now is low as well.
2. ADX & DI - For this we have to note the white boxes drawn. These atleast the previous one, indicates a bear market. Ive highlighted the 2015 area because it is similar to how we are acting on ADX DI currently. One thing to note and in this chart goes against the bull case or has not yet confirmed yet. Is that the white line or moving average, needs to be curved/ pointed UPWARDS to indicate a bull case. And we must keep an eye on this as well.
Currently we are showing a bull cross of green line being over the red line which is a good sign so far. If in the next couple months, the white line does curve UPWARDS. That would make this inddicator supportive of the bull case, in my opinion.
CONCLUSION: AS per this analysis on the MOnthly time frame. We are still not yet in a CONFIRMED bull market. However, the current interactions with the yellow moving average, the upward curve of the Wave Trend Oscillator and its green line being on top of red dots indicate we are perhas 1 to 2 months away frm confirming. We have to keep observing the ADX and its white line particularly. If it curves up, this will support the bull case. One danger is the bearish divergence on wave oscillator. But remember confluence is more support of divergences, meaning if multiple indicators 3+ are showing it, it may be MORE likely. So it is something to search for. (be on the look out for an analysis lo0king for divergence). All in all, we could be in the beginning stage of a BULL MARKET, and next 2 or so months will be crucial for BITCOIN, how it interacts with yellow line if above or if pushed lower, if ADX white line curves up and if wave trend oscillator cointunues its upward trajectory towards red zone.
Hope this sheds some light on Bitcoin. If you enjoyed this, please boost, follow and if you have any thoughts of your own COMMENT. I'd like to know what you think. Also ill be posting updates not only for crypto but other markets as well.
DISCLAIMER: This is not financial advise, i am not a financial advisor. The conent expressed here are my opinion only and for educational purpose. Always remember to focus on risk management when trading and to protect yourself with stop losses.
BTC Bitcoin Head and Shoulders Chart PatternBTC Bitcoin has manifested a technical analysis chart pattern commonly known as a "Head and Shoulders" formation, indicating a potential bearish trend.
The Head and Shoulders Bearish Chart Pattern is a technical analysis chart pattern that is typically formed by three peaks in a security's price action.
The first and third peaks are known as "shoulders," while the second peak is called the "head." The pattern is often viewed as a signal of a potential trend reversal from bullish to bearish, as it suggests that the security's price has reached a high point and may soon decline.
The target price of the pattern is typically calculated by measuring the distance between the head and the "neckline" (a line drawn connecting the two shoulders), and projecting that distance downward from the neckline.
Based on this pattern, it is estimated that the price may decline first to a target level of $27175, then to $23280.
Looking forward to read your opinion about it.
BTC LONG Trade Plan seems like sellers trap
BYBIT:BTCUSDT.P
We can expect a good up move soon.
Reason of Taking this Trade
# Buyers SL hunting is DONE
# Sellers are shorting in trendline breakdown
# market is bullish
BTCUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BTC SHORT Do not FOMO into this upwards move we have very heavy resistance above. always make sure to have proper risk management when shorting bitcoin.
BTC correction starts .. When to expect bounce?BTC / USDT
In my previous BTC analysis, I expected the correction to start from 32k-29k which is happening now (check my previous analysis in attachment below )
Are the bulls still in control and when to expect bounce ?
Simply, we can say as long as price is closing above 25k key level in high time frames .. Bulls are in control
BTC can bounce from any local support levels but the ideal point according to parabolic curve is around 25k (also act as a major support) and my midterm target are 36k-38k
In mean while, Dominance of BTC is showing weakness which is good news for altcoins market in coming days but keep watching it for any further update
Appreciate your support by rockets and comments
Any questions or ideas please share with us ⬇️
