Bitcoinusd
Bitcoin BTC price move plan for incoming weeksFor the coming week, both buyers and sellers have a specific task: some have to lower the price of #BTCUSDT as low as possible to break down the structure, while others have to raise it to break up the stops of shorts positions
🔼 CRYPTOCAP:BTC buyers are currently looking stronger, and if they manage to defend $67000-67300, they may start attacking and updating #Bitcoin ATH very soon. The fuel for growth should be the stops of short positions hidden above $73K. and $74k.
🔽 Sellers now have a much more difficult task: they need to break the growth structure, and for this, they need to fix #BTCUSD price below $60-61k
The next known strong macroeconomic news is expected on June 12, when the CPI US and the Fed Funds rate will be announced.
If you're reading this idea and are interested, please leave a comment under the idea and put like. And then we'll write more thoughts on BTC.D and USDT.D and how altcoins may develop in the near future.
Retesting the top the 7th time.COINBASE:BTCUSD
Currently on the way to touch and retest the too resistance the 7ths time. Once breakout, the next target will be $70,000. If fail to breakout it will likely travell back down to the support.
Bitcoin past and present- Like a Bull in a China Shop.
- All in graphic, like always and very simple.
- Stay S4fe !
Happy Tr4Ding !
BTC(BITCOIN) is ready to go up
* 1D
BTC is currently trying to break through the upper trend line of triangular convergence, and if this section is supported, it can rise to TP1, the mid-term downward trend line.
If it breaks through the mid-term downward trend line and supports it, it is expected to rise significantly.
BTC Price Analysis: Poised for Increased Volatility and...BTC Price Analysis: Poised for Increased Volatility and Potential Growth
Bitcoin (BTC) traded around $70,800 on Wednesday's opening, with insights from Glassnode suggesting that the largest digital asset could be primed for increased volatility if it reaches a new all-time high in the coming days.
Insights from Glassnode
Key metrics from Glassnode highlight the significant role long-term holders could play in dictating Bitcoin's price action in the near future. According to Glassnode:
1. Unrealized Profits: Most long-term Bitcoin holders are sitting on substantial unrealized profits, suggesting potential for market moves if these holders decide to realize gains.
2. Coin Age Metric: Coins younger than three months old account for 41% of the network's wealth. The coin age metric measures how long a coin has been held in a particular address, indicating liquidity distribution between short-term and long-term holders. The 41% share of <3-month-old coins shows that liquidity held by new demand is beginning to grow, suggesting increased market activity and potential volatility.
Technical Analysis Overview
From a technical standpoint, BTC remains within a bullish channel, trading above the 50% Fibonacci retracement level and the Volume Weighted Average Price (VWAP). Key technical observations include:
1. Bullish Channel: BTC continues to trade within a bullish channel, indicating an ongoing upward trend.
2. Support Levels: The price is currently retesting yesterday's high resistance level as a support level, signaling potential for further growth.
3. Indicators: Staying above the 50% Fibo and VWAP suggests strong support and potential for continued bullish momentum.
Market Strategy
Given the current technical setup and the fundamental backdrop provided by Glassnode's insights, our strategy involves looking for long positions in BTC. The bullish channel, strong support levels, and indicators of increasing liquidity held by new demand all point towards potential growth.
Bitcoin is positioned for potential increased volatility and growth, supported by both technical and fundamental factors. Insights from Glassnode indicate that long-term holders and growing new demand could play significant roles in BTC's price action. Technically, the bullish channel and strong support levels further reinforce the bullish outlook. As a result, the current market environment presents an opportunity to consider long positions in BTC, anticipating continued upward movement and potential new all-time highs.
BTC Weekly Short Idea -75K Liquidity ZoneAccording to #BTC weekly chart we have weeks left until we start to retrace again (If we trade similar to last breakout)
- Take profits in the 73-75K zone
- Trade Alts
- Return on the dip or if btc males it to 80K and the idea fails
bitcoin update analysisPlease also check the previous analysis. Undoubtedly, these analyzes were among the best analyzes in the world today, maybe even the best
Bitcoin WayKeep that in mind :
- More we go Down.
- More the next bullrun will go High.
- Fibonacci Law Rule.
- Happy thanksgiving to everyone! 🐔
Bitcoin short below $73k resistanceThis pair failed to beat the previous resistance between $72k to $74k and now it will have to turn south to find some momentum.
If BITSTAMP:BTCUSD falls as predicted then the 1st line of defense will be at $63k then #60k and finally 58k
Always do your analysis before placing and trades and use a hardstop loss in all your trading activities
BTCUSDT Forms Bullish Flag Pattern, Eyeing $80000 Target.BTCUSDT has recently formed a bullish flag pattern, indicating potential for a substantial price increase. The immediate target is set at $75,000 following three months of consolidation. However, traders are advised to maintain a stop-loss strategy to manage risks.
BTCUSDT (1D Chart) Technical analysis
BTCUSDT (1D Chart) Currently trading at $69600
Buy level: Above $69500
Stop loss: Below $65900
TP1: $72000
TP2: $75000
TP3: $80000
TP4: $90000
Max Leverage 5x
Always keep Stop loss
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next posibblity moveStochastic at oversold, the price is making sideways movement and we have higher low above EMA50. soon next move posibilty is upward after breakout from shortime downtrend. $75k next new high or $85k?
BITCOIN - $150,000 OR $40,000? - 2024 - CryptoManiac101BITCOIN / USD TA
1. Price Levels and Movements:
- The current price is around $67,696.56.
- There is a notable high at around $68,470.80.
- Fibonacci retracement levels are displayed, indicating potential support and resistance levels:
- 0.236 level at around $21,782.45.
- 0.382 level at around $26,761.12.
- 0.5 level at around $31,684.07.
- 0.618 level at around $37,486.17.
- 0.786 level at around $47,664.25.
2. Future Projections:
- The chart suggests potential future price targets/retracements:
- 1.0 Fibonacci extension level at around $64,736.25.
- 1.618 Fibonacci extension level at around $156,705.06.
3. Trend Lines and Channels:
- The price is moving within upward-sloping trend channels.
- There are dotted lines indicating potential future price channels.
4. Annotations and Indicators:
- Green arrows indicating potential buy signals and points of interest.
- A pink arrow suggesting a significant price movement.
- A highlighted oval region projecting a potential bullish move.
- Various potential future price paths indicated by white lines.
Overall, the chart is a technical analysis of Bitcoin’s price, indicating possible future price movements based on historical data and Fibonacci retracement levels.
Dogelone/usdt trade ideaDogelone has been trending down but it has change trend to an uptrend, I'm waiting for confirmation to buy it.
BTCUSD Bitcoin / US Dollar Bearish Side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist BTCUSD Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: Day traders & 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,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted 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 it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
BITCOIN - Crossroad between markets Hello everyone, with new the month around corner I decided to come back with
an update on Bitcoin.
I still hold the same opinion as stated in the Q2 update, this update is just for better
visual perception of what is going on in my opinion, since I believe we are in some
sort of unprecedented time for Bitcoin.
Why?
Looking at Yellow Parallel Channel we can see that we spent the last 10 years
methodically going up in it, until we broke out from it at Q3 2022.
Now two years later we are "testing" the bottom line of that channel and upcoming
month may show if we will be able to break back in and reach a much higher valuation
OR we reverse and come visit the middle line of our New Red Channel before potentially
testing Bottom Red line later on.
For better imagination I break idea down to 1W and 1D chart.
1W
1W
1W
1D
Hopefully, this elaboration was helpful for some of you in further market navigation.
If YES, please consider liking or sharing this post, it would mean a lot to me.
Also, if you are interested in more updates or you would like to receive more predictions with lower time frame updates daily, let me know in the comments or DM.
Best Regards,
Joe
Quick Bitcoin Update Hello traders,
Checkout the latest update on Bitcoin. Bitcoin is testing the trendline again and again to keep an eye on that also
[BTCUSD] - BULLISH RALLY IS COMINGBITSTAMP:BTCUSD looks cheerful in LTF as there is a golden cross in both 4h,6h TF
getting 90k is matter of time .. u can see the previous golden cross and how it raise from 42k to 73k!!
dont forget to support us with ur like ,comment and follow for more ideas🎯
bitcoin long 79k in day"We do not know where the market will reach, but we need to analyze the current situation. I believe that with the market's rebound to the Fibonacci restracement0.618 & fibonacci extension 1.618
Bitcoin has already risen in price as much as the direction in wBitcoin has already risen in price as much as the direction in which transactions have bet. Additionally, the volume of trading volume betting upward has decreased, so it is expected to rise again after partial adjustment
NEXT STOP: ATH BTCPerfect bounce on BTC at our first TP. I shared this idea some days ago and we has seen a retest there, exactly on H4 and daily resistance zone. I think we will see another continuation of the pump and this time we can probably target new ATH, and we can stop the run above $75-80.000. It's not yet the time to short
[BTCUSD] - EXPANSION! 🔸in daily chart can notice a power of 3 (Accumulation ,, manipulation ,, Expansion)"
🔸we are in stage 3 (expansion) accordibg to my vision..
that matching so likely with RSI indicator...(breaking out multi-month trendline)
🔸must be considerd that the price breaking out a POC line with large green candle too
🔸price now testing the 0.618 fib (golden level)
🔸so that... need a daily close above the golden level and u will watch new ATH for BTC.
appreciating for supporting us with ur like and hit "follow" for more updates🎯
