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Bitcointrading

BITCOIN mid week Update - 24/01/24Hello everyone, Im back with just quick update to Monday pre-Market idea __________________________________________________ So, as expected we went lower really close to our Sellside t1. Price didnt touch our t1 box, but if you trade with Trailing Take Profit, you should be taking some profit-% off the table at this point. Today and Tommorow, there should be volatility coming so I would be very carefull about Opening NEW trades. Remember, ITS NOT SHAME TO NOT BE IN TRADE! Its always better to wait for setup which is favourable FOR YOU! At this MOMENT, Im observing price on lower time frames to decide if there is highier possibility of REVERSING on Daily time frame... So we possible could run up to 42-44k$ IF news later today favour that move... OR we can not work above smaller time frame Buyside liquidity targets, and we keep going LOWER as we was expecting... In my opinion, RIGHT NOW, is very hard to make CALL if we go lower/highier TODAY, since we already went LOW enought on weekly basis without any liquidity drivers, so there is good chance for swept on other side. Thats why I suggest to be VERY CAREFULL and if you decide participate before news, you should use tight STOP LOSS for your own good. I'll make next update when I will be more certain about which way we keep moving further. Hopefully, this helps some of you with your perception of market. If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks Joe
INDEX:BTCUSD
by cryptocapitaltrading
BTCUSD - DAILY SHORT STRUCTURE (TARGET 34K)8 Step Analysis: 1) Price broke out of its bullish continuation structure and pursued its rally onwards. 2) A range was formed following the breakout which accentuated the anticipation of the Bitcoin Spot ETF approval by the SEC. 3) This anticipation was shown by leveraged longs that increased open interest through the roof obviously giving a lot of liquidating manipulation opportunities to market makers. You can see this with the multiple false breaks, liquidity grabs, resistance retests, etc (whatever you want to call it, it's all the same thing)… 4) Price retraced back into the range after breaking buyside which is crucial info. I think whales are already in their comfortable shorting pants ready to watch retail scatter in confusion. 'Why would BTC crash?! The ETF was approved!!!' Well they control the narrative and therefore what you think (except if you are one of the rare few in the crypto sphere with a sense of critical thinking). 5) One last bounce higher to build back hopes one last time just to liquidate more longs on the painful way down (or pleasureful way down if you also put on your comfortable shorting pants). 6) The descent should have started (at this point this may be far fetched to try and predict days or weeks in advance but let's try) and sellside should be taken out. 7) The last piece of liquidity I am interested in is below the (1) breakout structure (I refuse to call it a triangle lol). This to me really represents a juicy price to actually start building a serious swing position. 8) The trend continuation.
BINANCE:BTCUSDShort
by Lexi_Is_Trading
7
BTC WEEKLY - Target Zones to WATCH👀📉Hi Traders, Investors and Speculators of Charts📈 BTC is approaching the halving, during which the price usually fluctuates wildly as volatility and volume show up. For any given dip, I don't expect us to break the white diagonal trendline (which validates higher lows). When the price trades in a tight range, it's helpful to follow the classic rule of "buy on support and sell at resistance". If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck
by CryptoCheck-
BITCOIN Weekly Outlook - 22/01/24 Hello everyone, as I ment in last week idea, I am expecting BTC rather going LOWER then Highier, prior to FED meeting which is next week. Since we doesnt have much volatility last week, Im would expect bigger moves to occur later this week, when Market related reports start coming... To understand further view I would suggest to first check this out: As right now: I would suggest be very carefull with NEW trade opens , and manage them very carefully since there is potentionall for liquidity swept due to low range last week... So, everyone who WAS Short before this post or decided to go Short after, should be in favorable position right now. (opening price at time of post is represented by purple dotted line) Our Liquidity Sellside targets are same as was last week. BUT what would I suggest to everyone, and doing myself is ↓↓↓↓↓↓ Create STOP LOSS order ABOVE weekend Highs WHY? , - Have in mind, we are still in Monday PRE-MARKET, if we all of sudden reverse today, before late week news drivers, we can potentionally go to OTE targets from last week. And in that case we would LOSE on our trade... Thats Why we wanna create STOP LOSS order above weekend price BUT under our OPENING price. So even if market reverse, our position still be closed in very small profit but not end in loss!!! Hopefully, this helps some of you with your perception of market. If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks Joe
INDEX:BTCUSDShort
by cryptocapitaltrading
BITCOIN TO GO SHORTBitcoin just broke through the inflection point towards the value area and has reacted with the value area. This could mean that there is a very high possibility of Bitcoin going short for the next months. This means that 2024 could overall be a "short" year for BTC. So what could this mean for investors concerning Bitcoin ?, Firstly it means that if price presents opportunities to buy , we could expect short asset holding periods on Bitcoin. Secondly, this first quarter will be the best time to sell of BTC assets as the prices for selling Bitcoin for the year may currently be at its highest value. Thirdly, the 4th quarter of the year might be the best time to buy BTC at low and good prices for holdings. I provide personal BTC investment advices, so if you will want more insights and information on when to buy, hold and sell your Bitcoin assets, kindly DM me here on trading view and i will reach out . Also if you found this information helpful please do like , share and comment on your thoughts and do follow me for more as well. Thanks for reading
FOREXCOM:BTCUSDShort
by jarzzyfx
BTCUSD: can rise as high as 200k following the ETF approval.Bitcoin is attempting a key Breakout for the current Cycle while only being moderately bullish on the 1D technical outlook (RSI = 61.310, MACD = 1196.900, ADX = 34.398), which suggests that there is high potential to rise more before a correction. The key breakout is the Pre-rally Breakout that the coin has done in the previous Cycle over the R1 level (counting from the first Lower High of the Bear Cycle) while it was trading between the 0.236-0.382 Fibonacci range of the Channel Up pattern that started in July 2017. The Cycle's first key breakout has been the Bottom Breakout when the price crossed over the LH trendline of the Bear Cycle after pricing the bottom followed shortly by a break over the 1W MA50. The rally that followed the R1 Breakout in 2020 has been the most aggressive part of the Cycle. A repeat of that sets a target as high as 200k. As unrealistic as it seemed before, the approval of various Bitcoin ETFs yesterday opens certainly opens the way for trillion dollar capital inflows to the market. See how our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
1
$BTC Analysis after Spot Bitcoin ETF Approval- The white resistance zone has been flipped into support - There is very strong resistance in the red resistance zone ($46,270 to $48,264) - The light blue trendline is my strongest resistance target around $49.1k - There has been a brief pump up to the light blue trendline and a strong rejection down that resulted in a long wick back down - Bitcoin is currently trying to flip the lower end of the red resistance zone into support at $46,270
BITSTAMP:BTCUSD
by realchartchamp
1
Bitcoin Scenarios for the Future Hours🧐👋Hi, everyone. 🌐Today, I want to explain to you the possible scenarios for Bitcoin; during the last week and the beginning of the new year 2024 , Bitcoin has been affected by the News , and we have seen Pumps and even Dumps , so before the SEC decision In the case of Bitcoin ETFs , it is better to trade a little more carefully . That's why I didn't consider Short or Long labels for this post. 🌐In general, ➕ Positive News ➕ about the approval of ETFs outweighs the ➖ Negative News ➖. 📚This positive news caused the Fear & Greed Index to re-enter the Extreme Greed zone(76) for the first time in 2/5 years . Of course, maybe you are Greedy too😊. 📈We can use technical analysis tools to analyze Bitcoin in the current situation to help us predict the future of Bitcoin. ⚔️Bitcoin is attacking the 🔴 Heavy Resistance Zone($52,100-$45,800) 🔴 for the second time . 🏃‍♂️If we look at the Bitcoin chart in the 1-hour time frame , we will find that Bitcoin has been moving in the Ascending Channel(Black) for about 7 days . However, on the daily time frame , Bitcoin is moving in an Ascending channel(Blue) . 💡In terms of divergence, Regular Divergence(RD-) can be seen between successive peaks of Bitcoin, but Bitcoin has already proven that this type of Divergence is definitely NOT the reason for a return , and at least we can understand that soon Bitcoin will enter a correction ( it is likely that Bitcoin will still With these divergences, the price will increase by about 20% . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed one of its impulsive/correction waves above the lines of ascending channels and 🟡 Potential Reversal Zone(PRZ)($48,180-$47,250) 🟡. ⚠️I have two scenarios for the waves that I will share with you after the approval/disapproval of Bitcoin ETFs ⚠️. 💡Before concluding, let's take a look at Market Cap BTC Dominance% (BTC.D%) and Market Cap USDT Dominance% (USDT.D%) charts. 🔸 Market Cap BTC Dominance% (BTC.D%) : After the positive news about Bitcoin ETFs , investors started investing more in Bitcoin, causing BTC.D% to go up for days. Currently, BTC.D% is moving in the 🟡 Potential Reversal Zone(PRZ) 🟡and near the Resistance line , and I expect this investor greed to end in the 🟡 Potential Reversal Zone(PRZ) 🟡 or 🔴 Heavy Resistance Zone(60%-%57) 🔴. Then, we will see a decrease in the strength of Bitcoin in the cryptocurrency market. We can see this decrease in the strength of Bitcoin after the final news of the SEC subsides. 💡 Tip : Until the return of BTC.D% is confirmed, it is better to invest less in Altcoins. 👇 🔸 Market Cap USDT Dominance% (USDT.D%) : USDT.D% is moving in the 🟢 Heavy Support zone(5.80%-5.20%) 🟢, and it is attacking this zone for the first time, I expect that even if bitcoin ETFs are confirmed, USDT.D% will NOT break the🟢 Heavy Support zone(5.80%-5.20%) 🟢 and the Support line at least for this attack and at least until the 🔴 Resistance zone(6.70%-6.30%) 🔴 starts to increase, because there is a possibility that even after the approval of Bitcoin ETFs, the cryptocurrency market will enter a correction. 👇 🔔As a result, I expect Bitcoin to fall to the Fibonacci levels I marked on my chart in the coming hours ahead of the SEC approval/disapproval of Bitcoin ETFs . If it is confirmed , it will attack the upper lines of the ascending channels and 🟡PRZ🟡, and if it is not confirmed or even postponed in the vote, Bitcoin will lose the 🟢 Support zone($44,800-$44,160) 🟢 and ascending channel(Black) . ❤️In the end, here is some advice for you as a little brother: 🔸TradingView website has provided us with a suitable space to transfer our analysis, so it is better to use it and not waste our time on destruction or ugly comments. 🔸If you have any comments, please share them with respect. 🔸No analysis is 100%, so if you use analysis as an investment, it is better to follow capital management and take responsibility for it yourself. 🔸Please don't look at the words of Celebrities about the price of Bitcoin and other Altcoins as an investment; check their past, and the truth will be clear(These days they are hot). 🔸I hope we can use TradingView to increase our capital and knowledge. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; 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.
by pejman_zwin
25
📈BTC.D analysis, ready to pullback📉CRYPTOCAP:BTC.D Hello Traders, please check out my previous ideas. As indicated in the chart, Bitcoin Dominance can return to the yellow range, near the pitchfork midline. BTC.D can reach Bollinger-midline then starts its downward trend. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑 CrazyS✌
CRYPTOCAP:BTC.DShort
by CrazyS
Bitcoin Bulls Bank Gains, Vigilant for Game-Changing News ReleasBreaking down today's market moves, it seems the bulls took their profits early in the London session. Despite a current downtrend since the London open, don't worry if you missed the initial bull run – the market is poised for necessary corrections. As I await key releases this week, starting with the impactful FOMC meeting, I'm on the lookout for an entry point. Whether it's a bullish continuation or a reversal to the downside, I'm keeping risk low. Stay humble, my friends, and trade wisely for another day
CRYPTO:BTCUSD
by Districtfx
Now is the Perfect Time to Invest in BitcoinSeizing the Opportunity: Why Now is the Perfect Time to Invest in Bitcoin In the fast-paced world of cryptocurrency, an exciting development is on the horizon that could reshape the landscape of Bitcoin investments. With the spot Bitcoin ETF amendment deadline for S-1 filing just days away, the anticipation of regulatory approval is sparking a significant surge in Bitcoin prices. As the market braces for a potential breakthrough, seasoned investors and industry experts alike are urging buyers to seize this golden opportunity to invest in Bitcoin. The ETF Deadline Drama The United States Securities and Exchange Commission (SEC) has set December 29 as the deadline for spot Bitcoin ETF applicants to submit the final amendments to their S-1 filings. Those who fail to meet this deadline risk missing out on the first wave of potential approvals. Notably, major players like BlackRock, Grayscale Investments, and Fidelity Investments are among the frontrunners in this race, having recently resubmitted revised filings in preparation for a possible green light. BlackRock's Bold Move BlackRock, the world's leading asset management firm, has made a significant move by proposing a $10 million seed funding injection for its spot Bitcoin ETF, scheduled for launch on January 3. This strategic move underscores BlackRock's confidence in the imminent approval and signals a strong commitment to the success of their Bitcoin ETF. Investors looking for a game-changing opportunity should take note of this bold initiative. Market Leaders Taking the Plunge The recent filing amendments by Grayscale Investments and ARK Invest 21Shares further highlight the industry's eagerness for regulatory approval. Despite chairman Barry Silbert's departure from Grayscale's Board of Directors, the company continues to pursue its Bitcoin ETF dreams. ARK Invest 21Shares, having submitted its fifth amendment, reflects a steadfast determination to navigate the regulatory landscape. These market leaders are paving the way for a new era in cryptocurrency investments. Experts Optimistic Amidst Bitcoin Price Surge As the Bitcoin price skyrockets to nearly $43,000, experts are overwhelmingly optimistic about the potential approval of spot Bitcoin ETFs. Renowned investor and advisor Mike Alfred puts the odds of approval at a staggering 98.7%, considering recent trends. Bloomberg ETF analyst Eric Balchunas echoes this sentiment, suggesting that the upcoming amendment deadline may not be the last. With such positive indicators, now is the time for investors to position themselves for potential gains. The Countdown to January 10, 2024 Industry insiders, including Sam Enzer, partner at law firm Cahill Gordon & Reinel, anticipate the SEC giving the green light to a slew of spot Bitcoin ETF applications before January 10, 2024. This timeline adds urgency to the investment opportunity, as the market could witness a surge in demand following regulatory approvals. In the ever-evolving world of cryptocurrency, opportunities like the current Bitcoin surge and the impending ETF approvals are rare. As the market continues to show bullish signs, investors are urged to act now and position themselves strategically to capitalize on the potential gains. With industry giants like BlackRock leading the charge, the time is ripe for buyers to enter the Bitcoin market and ride the wave of optimism towards a new era of cryptocurrency investments. Don't miss out on this historic moment – the future of Bitcoin awaits, and the time to invest is now.
BINANCE:BTCUSDLong
by DEXWireNews
Bullish Resurgence on the Horizon: Bitcoin's Symphony of SignalsTechnical Analysis for Bitcoin: Anticipating a Resurgence Amidst Market Flux Introduction: In the volatile landscape of Bitcoin, a recent significant pullback to the $42,000 lows has paved the way for a renewed bullish impulse targeting $52,000. Despite prevailing bearish sentiments, our technical analysis points to several indicators suggesting a potential reversal and bullish momentum. Technical Indicators: RSI Probability Indicator: The RSI (Relative Strength Index) probability indicator has demonstrated a bottoming pattern and is entering the bullish zone. This suggests a shift in momentum towards the bulls. Probability Bands Convergence: Probability bands are converging, indicating a potential alignment of market forces. This convergence is often a precursor to a significant market move, and in this case, it supports the anticipation of a bullish impulse. MACD Regular Divergence: In smaller timeframes, the MACD (Moving Average Convergence Divergence) is exhibiting a regular divergence, further signaling a potential shift in momentum towards the upside. Volume Analysis: Despite the current low volume, the observed bullish pattern is a positive indicator. The expectation is that as the bullish momentum gains strength, trading volume will likely follow suit, supporting the upward trajectory. Whale Transfers - Bullish Signals: Recent large Bitcoin transfers, including 3,110 BTC and 6,999 BTC to Coinbase wallets, signify a strategic move by major players. This suggests that bullish entities are selling their holdings, possibly in anticipation of a major dip, with plans to re-enter the market at lower price levels. Market Sentiment vs. Technical Analysis: While the majority of market sentiment has shifted bearish, our technical analysis supports the hypothesis that a solid bottom may have already been established. Confirmation around the $42,710 mark is crucial, as it aligns with our analysis and adds credibility to the anticipated bullish move. Negative News Impact: Negative news surrounding the BRC-20 Ordinals token potentially replacing Bitcoin has caused concern and contributed to the recent decline. However, the consensus is shifting towards optimism, especially with the looming prospect of an upcoming ETF, which could act as a significant catalyst for Bitcoin's resurgence. Conclusion: In conclusion, the technical analysis for Bitcoin presents a compelling case for an imminent bullish impulse. The convergence of multiple indicators, coupled with strategic whale transfers and shifting consensus towards an upcoming ETF, all contribute to a positive outlook. Traders are advised to remain vigilant for confirmation around the $42,710 mark, as it serves as a key validation point for the anticipated bullish momentum.
COINBASE:BTCUSDLong
by wikitrades
1
BTCUSD # BLACK LINE IS WEEKLY ZONES # RED LINE IS DAILY ZONES #GREEN LINE IS 4H ZONES 1- btc performer bos to the downside , if we change the character to the upside and that fvg waiting to be fill , this could be the potential set up for btc . 2 - terms of patter it def demonstrate a nice bullish flag patter , so I would be suprise is grab liquify on downside. 3- I trade zones to zones as far to explain why I place my sl and take profit on those location !. Merry christmas - will
COINBASE:BTCUSDLong
by stockmarket809
BTCUSD: Caution Despite Bullish TrendThe chart currently displays a rising wedge pattern on BITSTAMP:BTCUSD , a configuration often preceding a bearish reversal. Despite the recent price decline, the market trend is still upward, and prices are consolidating within the expected range. Currently, the price is positioned in the middle of the wedge's range, indicating a neutral stance. Traders should monitor the price movement closely in the coming days for signs of either continuation or reversal. After the high on November 9, the price action retraced to the 23.60% Fibonacci retracement level, a pattern that is seemingly repeating itself as we observe the current retracement. The RSI indicator suggests that the market is potentially overbought, indicating exhaustion, which could lead to bearish divergence. However, there is still a possibility for the price to push upwards, challenging the resistance zone between $46,000 to $48,000 before any reversal could be confirmed. From a trading perspective, the Bonsai indicator has not signaled a short position yet, hence our current long position. However, given the rising wedge formation, we are taking partial profits and closely monitoring for any indication of a trend reversal. In terms of recent fundamental news, Bitcoin has seen a mix of potential bullish drivers, such as increased adoption by mainstream finance platforms and positive developments in blockchain scalability solutions. Yet, these factors don't guarantee continued price increases; past market cycles have shown that Bitcoin can experience significant corrections despite positive news.
by bonsai_trade