Get started

Bitcoinprediction

BTC/USD "BITCOIN" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 4h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
COINBASE:BTCUSDLong
by Thief_Trader
1
Bitcoin Bull Flag Breakout Incoming – $100k Target!!Bitcoin is forming a bull flag pattern on the daily chart, hinting at a potential breakout that could propel the price towards $100,000. Currently trading at $65,859, Bitcoin is testing the upper boundary of the flag, with multiple rejections seen in previous attempts to break out. This consolidation within a descending channel, following a strong upward trend, suggests a bullish continuation if the breakout is confirmed. If Bitcoin successfully breaches the flag’s resistance, the measured move from the prior leg indicates a target of $100k. Bull flags are known for signaling a continuation of the prevailing trend, and with Bitcoin’s bullish momentum intact, a breakout could lead to a significant surge. Traders should watch for a clean break above the upper trendline as a confirmation of this setup.
Long
by GreenCryptoTrades
1
Are We Approaching a New All-Time High for Bitcoin...?Bitcoin has been following a specific trendline for almost two months, a pattern that has seen it bounce back from this line four to five times in the past. As it stands, Bitcoin is currently facing strong resistance at its all-time high, which is around 73400 dollars. Meanwhile, the trendline serves as a crucial support level. Investors and enthusiasts are closely watching this situation, as the coming days will be critical. The main question on everyone's mind is whether Bitcoin will manage to its all-time high resistance or if it will break below the trendline support. Keeping an eye on these key levels is essential, as they may present significant trading opportunities. Stay vigilant!
COINBASE:BTCUSD
by Kartik_Elkunchwar
1
Bitcoin Roadmap==>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) touched the 🎯 Targets 🎯 as I expected in the previous post ✅. Bitcoin started to rise well from the Support zone($67,620-$67,000) and the Support line again ( the start was accompanied by good momentum ). Regarding Elliott's wave theory , wave 5 seems to be completed . I expect Bitcoin to rise to at least the Support zone after breaking the Resistance lines . ⚠️Note: The American elections and the tension between Iran and Israel can easily change the scenarios of Bitcoin: if the tension between Iran and Israel increases, we can see the fall of Bitcoin, and if Donald Trump does not succeed in the US presidential election, we can see the fall of Bitcoin. And vice versa.⚠️ Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
15
#BTC URGENT UPDATE:- 66k or $71.3k?That’s a tough doji there. The breakout was impressive, but sellers stepped in, and volume has dropped in the high 70k range. There's a liquidity zone around $66,300, which also aligns with a lower support level. Price may consolidate around this level, giving altcoins room for a short-term rally on Monday and Tuesday. Unless we break that $71378 in htf and ltf , these pumps can fail to sustain. With US election week ahead, expect market indecision. Play it safe, if you’re new to the market, it’s best to avoid futures trades this week. Wait for the event to pass if you value your capital. dyor, nfa. That's all for now. Cheers Do hit the like button if you like it and sharer your views in the comment section. Thank you #PEACE
BINANCE:BTCUSDLong
by Cryptorphic
1
Yes, Bitcoin can also do this - next move to watch out1️⃣ Bitcoin is retracing to its 60-day low, giving risk-takers a chance to enter the market’s next leg up right now 🪙. No rush, wait patiently. So, are we going to go up in November? It all depends on the next 10 days. If Bitcoin can hold above $65,000–$66,000 while the 3-day indicator resets, it’ll be a prime opportunity to re-enter the market. If Bitcoin fails to hold that level, we may need to wait for the 1-week (red line) indicator to reset instead. 📈 Bitcoin has rallied 34% from September to November, hitting overbought on all cycle indicators. Just like in 2021 , the 2-week cycle (light blue line at the bottom) indicates mid-term growth, while other indicators are beginning to retrace. 🔄 📉 If history repeats (and it might), the ideal re-entry will be when the 3-day indicator (violet line) dips below 20. Let’s stop gambling and start making sustainable money in crypto.
BITSTAMP:BTCUSDLong
by TheStrategyMaster
1
BTC price projection for November based on historical returnsI got data from CoinGlass looking at Bitcoin historical returns in November since 2013. BTC has accumulated 42.78% gains on average. With seven positive years out of eleven, November also has a median return of 7.12%, from opening (1) to closing (30). In particular, November’s best year was 2013 with 449.35% gains from day one to 30, followed by 2017 and 2020, with 53.48% and 42.95%, respectively. Meanwhile, 2018’s bear market resulted in -36.57% returns in November for Bitcoin, being its worst year followers by 2019. Bitcoin opened November 2024 at $70,272. So, if you project this price for the end of the month based on historical average and median returns, BTC could reach a range between: Median (7.12% = $75,275) Average (42.78% = $100,334) This, of course, is just for your entertainment, and the analysis shouldn't be used in isolation to make any financial decisions. I hope you enjoyed it. All things considered, Bitcoin price is impossible to predict with precision, as the market is extremely volatile and uncertain. Investors should understand what they are buying and consider multiple factors before pressing the button.
CRYPTO:BTCUSDLong
by vinibarbosa
Bitcoin is going to 63k???!!!Hey guys! I know it's weekends, but some of the markets are working today and I decide to talk about current BTC position. So, we're making this cool off, which is also almost full A correctional wave and in 2 days we have US elections, which can be really affective. Plus the volumes have convergence with the movement RSI is still uncertain, and MA cross on 4H is bearish. For me, we could easily fulfill the C wave and after we can find the next enter point. Your thoughts? How elections will influence?
Short
by SheTradesHub
6
Bitcoin Faces Uncertainty Amid Mt. Gox BTC TransferMt. Gox BTC Movement Raises Concerns Bitcoin ( CRYPTOCAP:BTC ) markets were rattled by news on November 1 that $35 million worth of Bitcoin ( CRYPTOCAP:BTC ) associated with the infamous Mt. Gox exchange had been transferred to unmarked addresses. Blockchain intelligence firm Arkham disclosed that the defunct exchange moved a total of 500 CRYPTOCAP:BTC , split into two transactions of 31.78 BTC and 468.24 BTC. This transfer is notable as it marks the first significant movement from Mt. Gox-associated wallets in over a month. Currently, approximately 44,905 BTC, worth around $3.1 billion, remains in wallets flagged as Mt. Gox-associated, adding to market anxieties about a potential liquidation. The broader context deepens concerns: in early August, Mt. Gox moved 12,000 CRYPTOCAP:BTC worth $700 million, a signal that the pace of transfers is quickening. The repayment process for Mt. Gox creditors has been fraught with complications. In an official statement earlier this month, Mt. Gox extended the deadline for repayments by another year, pushing it to October 31, 2025. The delay is attributed to “system issues” and unresolved procedural steps by rehabilitation creditors, with the trustee even acknowledging incidents of double payments that required refunds. As these issues unfold, market participants remain wary of the potential impact of Mt. Gox-related liquidations on Bitcoin's price. Historical Context and Broader Market Fears Mt. Gox was one of the world’s first and largest Bitcoin exchanges, responsible for handling 70% of global BTC transactions at its peak before a series of hacks led to its infamous collapse in 2014. Since then, the repayment of creditors has been a lingering issue, casting a shadow over the market. The prospect of sudden, large-scale Bitcoin sales tied to Mt. Gox funds creates a cloud of uncertainty that traders and investors have come to dread. Technical Analysis From a technical standpoint, Bitcoin’s recent rally to $73,600 between October 26 and October 29 brought it within a hair’s breadth of its all-time high of $73,808. This surge, representing a 10% increase over just a few days, was followed by a sharp 5.5% correction. As of early trading on November 1, Bitcoin ( CRYPTOCAP:BTC ) fell below $69,000, but this pullback commenced hours before the news of the Mt. Gox transfer, suggesting that broader market forces were already at play. Currently, Bitcoin ( CRYPTOCAP:BTC ) is attempting to stabilize, trading at $68,000 to $69,000, with its RSI (Relative Strength Index) reading at 56. Indicating that CRYPTOCAP:BTC is maintaining support at the $70,000 level, albeit tentatively. The RSI suggests that selling pressure could persist, threatening a drop to the $65,000 support level if bulls fail to regain control. Conversely, if Bitcoin ( CRYPTOCAP:BTC ) can hold above the $70,000 mark and selling pressure subsides, it may pave the way for a more robust rally. Overheated Market Conditions Market sentiment data adds another layer of complexity. According to CryptoQuant, over 99% of Bitcoin’s supply was in profit when the asset traded at $72,323 on October 31. Such an elevated level of profitability indicates potential overheating, as more investors might be tempted to lock in gains, adding downward pressure on prices. Profit-taking could exacerbate the current correction, with key support zones under threat. Outlook: The Road Ahead The immediate future for Bitcoin remains a tug-of-war between bullish and bearish forces. The $73,000 mark serves as a pivotal point, acting either as a short-term resistance or the springboard for a new leg higher. Should Bitcoin break above this level convincingly, we could see fresh all-time highs, with projections ranging from $90,000 to $100,000. Such a move might be catalyzed by major market events, such as the upcoming U.S. presidential election. However, a failure to defend the $70,000 support could invite a steeper correction toward $65,000. Traders should watch for renewed selling pressure, particularly if profit-taking intensifies or if further Mt. Gox-related news emerges. The interplay of technical indicators, fundamental developments, and market sentiment will likely dictate Bitcoin’s direction in the weeks ahead. Conclusion Bitcoin's market remains on edge as concerns over Mt. Gox fund movements and the potential for profit-taking weigh heavily. The coming days will be crucial in determining whether Bitcoin can weather this storm or if a deeper correction is imminent. As always, traders and investors must stay vigilant, keeping a close eye on key support and resistance levels.
COINBASE:BTCUSD
by DEXWireNews
6
Bitcoin Analysis: Can the 68,500 Support Spark a Fresh Upswing?Dear friends, Today, let's analyze Bitcoin. After reaching a peak of $74,000, Bitcoin is now testing its main support level at $68,500. This area is where we expect strong support to form, and given the current situation, we are likely to see a bounce back toward the current resistance at $71,200. However, the question remains: is this bounce just a temporary move before a continued downward trend, or is it a signal of a potential new upward rally? Our key support is at $68,500, while the current resistance stands at $71,200. Additionally, the 200-day exponential moving average plays a crucial role in steering the trend back toward an upward direction. The support level around $66,500 also overlaps with this moving average, which can strengthen this support. What do you think the future trend holds for us? We look forward to your thoughts! 🌟
by arzdigitalistha
4
Bitcoin vs Halving vs US Election DatesLook at the history. Bitcoin bull cycle start after Halving event & US election. So accumulation period is prior to halving event and we can sell bitcoin after 1 year from the date of US election. As of historical data, the best time to sell bitcoin will be around November, December 2025. Disclaimer : The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
INDEX:BTCUSDLong
by rukshan2102
1
Bitcoin Daily Chart -Indicates selling, it needs to rocket soon Bitcoin BTCUSD since arriving back up at the triple-top high zone and it would seem is preparing to launch a breakout of its price to all new higher-highs and higher lows, but perhaps Bitcoin's consolidation and a lack of higher prices the past couple of days this week, is starting to make BTCUSD look a bit weaker for a Short opportunity. No I don't think the Bitcoin price is going down with a huge sell margin, no price is simply in the 'squeeze' right now and we will see a gradual downward drift in price as consolidating price action occurs, and to a key support level or demand block, buyers will step-in at reduced Bitcoin prices and they will take advantage of a price that Bitcoin is likely to never revisit ever again.
EIGHTCAP:BTCUSDLong
by Easy_Explosive_Trading
ALERT: Bitcoin just hit >$70,000!🧵 With $100,000 in sight, you might wonder if we're truly ready for this next big move. Let’s dive into the cycles to find out 👇 1/ 🔍 Cycle Analysis can help pinpoint ideal entry points for Bitcoin—and eventually, altcoins. Here’s what we’re seeing right now (see the chart above): 2/ 📊 Today’s Reading (Oct 30): All three indicators (1-day, 3-day, 1-week) are above 80, meaning we’re officially in *overbought* territory. This usually signals a potential pullback. Translation? It’s a time to *sell*, not buy 🛑. 3/ 😱 So, why’s everyone so hyped on BTC right now? It’s simple: after half a year of sideways action, people are ready to see a breakout. BTC has been stuck between $60k and $70k for seven months. Altcoins have taken a beating during this time too, making it tough to profit 🩸. 4/ 😅 After this long wait, everyone’s desperate for upward movement. Many folks bought at the last high back in March and are now shouting “BUY!” in the hopes others will push prices higher. 5/ The Bottom Line 📉 - We’re in overbought territory, which typically signals caution. - The hype is real, but a retracement could offer better entry points soon. Let’s see how this plays out! 👀
BITSTAMP:BTCUSDLong
by TheStrategyMaster
2
BTC - NEW ATH Approaches and ALTSEASONThe first time I started talking about my outlook for BTC in 2024, was in MAY. This is the original post where I first propose the Elliot Wave theory, with a 30% multi-month correction: It's been a painful journey that required a lot of patience - but today, I am pleased to see that the idea has payed out by 95% so far. The play has always been a "multi-month" approach, and now it is the last push towards the new ATH which I believe to be anywhere from 82K upwards. _________________________ OKX:BTCUSDT
Long
by CryptoCheck-
1
Where from here can go BTCUSD BTC Long BTC Short How far can #BTCUSDT go? Is the top close, before we see a bigger pull back? Will We See Bitcoin Over $100k? I think that at this moment, although we have great euphoria that we will very soon see a break above the magical $100k, at least according to some other indicators, we may see an all time high (ATH), but I think that after that we will see that bigger pull back. We have that before (I pointed 2 years ago) and even I give where can be bottom. If that happens, some will call it "fakeout" or "deviation", but I think it could just be an EXPANDING FLAT that often appears as a correction, very often as the fourth wave in the Elliott wave fraction. B wave, from ABC correction, as a rule, ends beyond the beginning of A wave (in this case it is ATH), 105% - 138% of wave A, while the target for C (the final leg of ABC) is 123.6% - 161.8% of wave AB. Several indicators, if we see a new ATH soon, will create divergences (RSI, AO, etc.), which can usually be an indication of an exhausting movement. Also for this idea I see a couple of harmonic patterns that make confluences for these targets. As I said, the price has not yet reached those areas, but this is something I will keep in mind if we see the new ATH soon. It is also interesting to see on the 1D time frame some harmonic patterns that were very important in certain moments. I hope for everyone who wants to see Bitcoin over $100k soon, that this idea will not be correct. In any case, time will tell if I am right and I will try to update as soon as I see some important changes.
BITSTAMP:BTCUSD
by CryptoArch_
Bitcoin - Gearing Up for NEW ATHBitcoin is showing a sudden increase in momentum, and the pattern I was watching has played out successfully after the last update: Ultimately, the playout I have been talking about for MONTHS were as follow: And this is the recent chart data on that exact idea: I'm happy to finally see everything come together - it took some patience though! Finally - impulse wave 4-5 (Elliot wave Theory) is in play! From here, we can expect ETH to gradually creep along, and when BTC trades sideways ETH and other top10 market cap alts will make gains. Find more on that, here: When ETH stalls (and BTC even retraces a little) that's when the smaller cap altcoins will shine. Cheers to another ATH 🥂🍻 _____________________ OKX:BTCUSDT
Long
by CryptoCheck-
Bitcoin's Bullish Trajectory: Derivatives Markets Signal The cryptocurrency market, particularly Bitcoin, is experiencing a surge in bullish sentiment, driven largely by trends in the derivatives market. Analysts and traders are increasingly optimistic about Bitcoin's potential to reach and even exceed the $80,000 mark before the end of 2024. The Role of Derivatives Markets Derivatives markets, which allow investors to speculate on the future price of assets, have been a key indicator of market sentiment. In the case of Bitcoin, derivatives like options and futures contracts provide valuable insights into the expectations of professional traders and institutional investors. Recent trends in the Bitcoin derivatives market suggest a significant uptick in bullish sentiment. The open interest in Bitcoin futures contracts, which represents the total number of outstanding contracts, has been steadily rising, indicating growing interest from market participants. Additionally, the implied volatility of Bitcoin options, a measure of market uncertainty, has been elevated, suggesting increased expectations for price swings. The Trump Factor: A Potential Catalyst A significant catalyst for Bitcoin's bullish run could be the potential election of Donald Trump in the 2024 U.S. presidential election. Trump's pro-business stance and his previous support for cryptocurrencies have led many to believe that a Trump presidency could be positive for the crypto market. If Trump were to win the election, it could lead to increased regulatory clarity for cryptocurrencies in the U.S., which could attract more institutional investors to the market. Additionally, Trump's policies could stimulate economic growth, which could indirectly benefit Bitcoin and other cryptocurrencies. Technical Analysis: A Bullish Outlook Technical analysis of Bitcoin's price chart also supports the bullish outlook. The cryptocurrency has been forming higher highs and higher lows, a classic bullish pattern known as a bullish uptrend. The recent breakout above the $72,000 resistance level has further strengthened the bullish case. Many analysts are now setting their sights on the $80,000 level, and some are even predicting a six-figure price target for Bitcoin in 2025. If Bitcoin can maintain its current momentum and break above the $80,000 level, it could trigger a significant price rally. Potential Risks and Challenges While the bullish outlook for Bitcoin is strong, it is important to acknowledge the potential risks and challenges that could impact the cryptocurrency's price. These include: • Regulatory Uncertainty: Changes in regulatory policies could negatively impact the cryptocurrency market. • Market Volatility: The cryptocurrency market is inherently volatile, and sudden price swings can occur. • Economic Downturn: A global economic downturn could lead to a sell-off in risk assets, including Bitcoin. Conclusion The convergence of bullish factors, including the positive sentiment in the derivatives market and the potential impact of a Trump presidency, has created a strong foundation for Bitcoin's continued upward trajectory. While challenges and risks remain, the potential for Bitcoin to reach and exceed the $80,000 mark in 2024 appears increasingly likely. Investors should conduct thorough research and consider their risk tolerance before investing in Bitcoin or any other cryptocurrency.
BITSTAMP:BTCUSDLong
by bryandowningqln
Bitcoin Analysis==>> Last Chance for Breaking!!!Bitcoin ( BINANCE:BTCUSDT ) is still moving in the Resistance zone($70,080- $68,250) and is trying to break this zone. Will Bitcoin break the Resistance zone($70,080- $68,250) !? Your Idea❓ Also, Bitcoin is likely to form an Ascending Channel in the 1-hour time frame , we have to wait to see if Bitcoin can form the second top or not . According to the theory of Elliott waves , Bitcoin seems to be forming 5 more impulse waves after completing the Corrective Structure(Double Three Correction(WXY)) . Currently, Bitcoin is completing wave 3 , and wave 5 could be above the ascending channel (possible). I expect Bitcoin to at least drop to the Support zone($68,420- $67,850) and fill the First CME Gap($68,395- $68,425) and then rise again . 🔔 Note: Bitcoin is generally in a sensitive price zone, and I think this is the last chance for Bitcoin to break the resistance zone. Tensions in the Middle East and a series of other factors that I will try to share with you in the next post (Prevent Bitcoin's increase and the formation of a new All-Time High(ATH)). ⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250), it will increase to at least $72,000.⚠️ ⚠️Note: If Bitcoin goes below the Support zone($68,420- $67,850), we should expect more dumps.⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
12
Bitcoin (BTCUSDT) - 4H Timeframe - Massive Target Achieved!The Bitcoin (BTCUSDT) 4-hour chart reveals a successful long trade setup, with all pre-determined targets reached. Here's a breakdown of the key technical elements that guided this trade: Entry Point: Positioned at $61,732.3, the trade setup aimed to capitalize on a bullish momentum, as indicated by strong support above the Risological dotted trend line. Stop Loss: Strategically set at $60,316.2 to limit downside exposure while providing room for price fluctuation. Target Points: TP1: $63,482.7 TP2: $66,315.0 TP3: $69,147.4 TP4: $70,897.7 (final target successfully hit, confirming strong upward momentum ) Volume Analysis: The trading volume stands at 56.92K, with an average of 120.91K over the past 30 days, indicating a slightly below-average activity level, yet sufficient to support the trend. Bitcoin's successful breach through each target highlights robust bullish sentiment. Monitoring future price action will be crucial to gauge the sustainability of this trend, especially considering potential resistance levels post-TP4.
Long
by ProfitsNinja
BITCOIN TODAY - STILL THE KING OF THE CEREMONY (TA+TRADE PLAN)Price Levels and Resistance Zones: The chart shows several key resistance and support levels marked by blue horizontal lines. Major Resistance Levels: $73,654.77 $71,552.73 $69,730.95 Support Levels: $65,947.27 $60,061.54 $52,774.45 Bitcoin is currently trending upward, with price action near $70,734.95, approaching the resistance zone at $71,552.73. VMC Cipher B Divergences: The VMC Cipher B indicator shows bullish momentum with green dots, signaling possible upward continuation. The RSI and Stochastic lines are also above mid-levels, suggesting continued bullish momentum. RSI (Relative Strength Index): RSI (14, close) is at 77.25, indicating overbought conditions. This could mean a possible retracement or consolidation in the short term. However, a strong uptrend may continue if Bitcoin maintains support levels above 70. Stochastic Oscillator: Stochastic (14, 1, 3) is also at a high level, around 86.19, indicating overbought conditions. This aligns with the RSI and could signal a need for caution on long positions until the oscillator moves back to a neutral or oversold region. HMA+ Histogram: The histogram indicates some bullish divergence, but recent bars are turning red, signaling a potential pullback or pause in momentum. Monitoring this for further bearish signs is essential, especially if it crosses below zero. Trading Plan Short-Term Strategy: Entry: Consider entering a long position on a pullback to support around $69,730.95 if bullish signals persist. Stop-Loss: Place a stop-loss below the $65,947.27 support level to limit potential downside risk. Take-Profit: Target $71,552.73 as the primary take-profit level. If momentum remains strong and BTC breaks above $71,552.73, consider holding for $73,654.77. Medium-Term Strategy: Entry: Buy on confirmation of a breakout above $71,552.73 with strong volume. Stop-Loss: A stop-loss slightly below the breakout level at $69,730.95. Take-Profit: Set a take-profit target around $73,654.77. If Bitcoin breaches this, reassess the position for potential gains towards higher levels. Risk Management: Position Sizing: Risk no more than 1-2% of the trading account on each trade. Trailing Stop: Implement a trailing stop if Bitcoin strongly surpasses $71,552.73, to lock in gains while allowing for additional upside. Monitoring Indicators: Keep an eye on RSI and Stochastic Oscillator for any signs of bearish divergence or weakening momentum. Monitor VMC Cipher B for any shift in green dots to red, which could indicate potential retracement. Overall Market Sentiment: Given the current uptrend and approach to resistance, Bitcoin shows bullish sentiment. However, indicators suggest overbought conditions, so caution is advised.
BINANCE:BTCUSDLong
by elfabiiani
1