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Bitcoinusd

Bitcoin Outlook ICT Concepts💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on BTC/USDT , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 🔍 Identifying Key Levels The chart highlights several significant levels and zones that influence the current market behavior: • PMH & PML: Previous Month High and Low, serving as significant resistance and support levels. • Weekly FVG: Weekly Fair Value Gap, indicating areas of market imbalance. • Minor BSL & SSL: Minor Buy-side and Sell-side Liquidity, points where traders place their buy and sell orders. • IFVG: Inversion Fair Value Gap, indicating a shift in market sentiment. 📊 Key Considerations • PML and SSL Swept: The price ran through the previous month low and the sell-side liquidity, as anticipated from the previous analysis. • Respecting Weekly FVG: The price respected the weekly Fair Value Gap at the bottom of the chart, indicating strong support. • Creation of IFVG: The creation of the Inversion Fair Value Gap (IFVG) signifies a potential shift in market sentiment. • Consolidation and Liquidity Creation: The current market is consolidating and creating liquidity, setting up potential future moves. 📈 Bullish Scenario Given the recent price action and key considerations, the bullish scenario is favored: • Consolidation Phase: The price is currently in a consolidation phase, creating liquidity in the market. • Targeting Minor Liquidity Levels: The price is expected to reach any of the minor buy-side or sell-side liquidity levels. • Positioning Based on Minor Liquidity Levels: After reaching the minor liquidity levels, traders can look for potential positions based on the market's reaction. 📈 Lower Time Frame Confirmation for Bullish Scenario: • Create Low Resistance Liquidity: On a lower time frame (e.g., 1-hour or 15-minute chart), look for the creation of low resistance liquidity (LRL). This typically appears as small retracements or consolidations within the larger bullish move. • Identify Key Entry Points: Use these LRL zones as potential entry points for long positions, targeting higher time frame resistance levels. 📉 Bearish Scenario While the current sentiment appears bullish, a bearish scenario should also be considered: • Failure to Hold Weekly FVG: If the price fails to hold above the weekly Fair Value Gap, it may revisit lower support levels. • Break of Minor SSL: A break below the minor sell-side liquidity levels could signal further downside movement. 📉 Lower Time Frame Confirmation for Bearish Scenario: • Create Low Resistance Liquidity: On a lower time frame, look for the creation of low resistance liquidity zones. These appear as small rallies or consolidations within the larger bearish move. • Identify Key Entry Points: Use these LRL zones as potential entry points for short positions, targeting lower time frame support levels. 📊 Chart Analysis Summary The market respected the weekly Fair Value Gap at the bottom of the chart, creating an Inversion Fair Value Gap ( IFVG ) and leading to an expansion higher, as anticipated. Currently, the price is in a consolidation phase , creating liquidity in the market. The expectation is for the price to reach any of the minor liquidity levels, after which traders can look for potential positions based on the market's reaction. The key levels and zones identified in the chart will play a crucial role in determining the future price direction. Understanding these key levels and the current market behavior helps in making informed trading decisions. 🙏 Thank you for joining us! Exploring BTC/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
BTC Fishing Bottom- After all this FUDS over time, right now it's literally impossible to calculate a potential real bottom. - Basically you can do TA all day but if Bad News (Fed) and FUDS (Cryptos) are constantly incoming on Twitter and Google everyday, nothing will work. - Some news are real like FTX Rekt but some influencers use more fake news to create panic, they want buy BTC cheaper before the next bull run. it parts of the game. - Have to remember for the numbers : Luna crash caused 40-50B$ hole in market (Anchor Protocol was huge), FTX was around 10B$. - imho the real bottom was in at 17.5K$. Right now BTC made a bounce around 15.5k$ but one think that i know is : There's absolutely nothing in this area. No support. No consolidation in the past years. Nothing. Zero! - There's not many roads right now, or we bounce with a magical pump to fake everyone, or we dip to 13.5k - 10.5k. - if a mid season bull run starts, wait for BTC walk away from the bearish trendline. Wait for a breakout (21,5k$) and a strong weekly candle closing upper from that price. - i really recommend you to stay outside markets for now. - The best strategy right now is to DCA Buy with strict prices zones orders. --------------------------------------------- Resuming --------------------------------------------- Bear Mode --------------------------------------------- Buy zone 1 : 13500$ (25% of capital) Buy zone 2 : 10500$ (75% of capital) --------------------------------------------- Bull Mode ---------------------------------------------- Buy Breakout : 21500$+ ---------------------------------------------- TP : 47000$ ( don't try greed more ) --------------------------------------------- We learn from failure, not from success Happy Tr4Ding !
COINBASE:BTCUSDLong
by thecryer
16
BTCUSD Daily OutlookBTCUSD traded in a narrow range between $53550 and $58200 for the past week. It hit a high of $58200 yesterday. According to Farside investors, spot BTC ETF inflows of $143 million on Jul 6th, 2024. Markets eye US Fed chairman Powell's speech today and CPI data this week for further direction. US markets - NASDAQ (negative correlation with BTC) - Bearish (neutral for BTC). The NASDAQ hits a fresh all-time high on rate cut hopes. Any close above 20500 will take the index to 21000. According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 66.50% from 57.90% a week ago. Technicals- BTCUSD trades above the short-term moving average (21 and 55 EMA) and the long-term moving average (200 EMA) in the 4-hour chart. Minor support- $53000. Any break below will take it to the next level at $51825/$50000/$47000. Bull case- Primary supply zone -$57000. Any break above confirms a bullish continuation. A jump to $60000/$63500/$65000/$70000 is possible. Secondary barrier- $70000. A close above that barrier targets $75000/$80000. It is good to buy on dips around $55000 with SL around $50000 for TP of $75000.
BITSTAMP:BTCUSDLong
by adiechiii
Bitcoin ALL-TIME-HIGH is STILL COMING: Here's WhyA hint... the RSI. The RSI is one of those reliable old-timers, especially useful in higher timeframes to determine longer period price action, such as near term and long term. Together with Elliot Wave Theory, I'm going to present to you an argument for why Bitcoin is STILL BULLISH and what my strategy/expectation is for the coming weeks. I'll also share key metrics to watch and do regular updates should the conditions mentioned in the video be met. Although I am short term bearish, I remain longer term bullish, making it really impossible to label this post as solely "short" or "long". Cheers to the Top10%'ers 🥂 __________________________ BINANCE:BTCUSDT
by CryptoCheck-
1
BTC tricky last week, but still looking to short..why?Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. As of last post, i was bias to go short on BTC but the moved before the collapse was tricky. I only did so later on in the drop. Decent still. As for now,watching for pullback , will be watching for change of structure etc before initiating shorts. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
ICMARKETS:BTCUSDShort
by Shadowing_The_Big_Boys
BTC PA Model- i usually don't speak much when i don't see anything. - Right now we can just speculate on some scenarios. - so you can just imagine those scenarios with the figure i drew ( ending Diamond ) - you can notice some H&S and a big inversed H&S in the middle of graph. - BTC volatily is still low ( around 15ish) - i didn't find any convincing divergences yet. - The PA range have been respected almost perfectly. - it seems like a consolidation between 60 to 70k+. - BTC tried to break 70k++, 5 Times exactly. - Soon or later a breakout will happen ( next could be 85k$ ish ) - Halving is still young and the decoupling not yet started. - if we dip under 60k. - 50k is next small support. - 40k is a strong support. - very simple. - There's a time for trading and a time for waiting. Happy Tr4Ding!
BINANCE:BTCUSD
by thecryer
8
Bitcoin for long-term📈 **Analysis of EZ7_strategy** 🏆 In this comprehensive review, I have meticulously examined the confirmations provided by my trading strategy (based on price action) and have drawn the following conclusions. 1. The initial analysis suggests patiently awaiting the attainment of the channel ceiling, with a subsequent observation of an overbought condition in the RSI zone at the critical price point of $53,256. ⌛️ 2. The secondary analysis revolves around reaching the support floor at $28,580, serving as the primary support level, strategically aligned with the breaking zone of the bullish area at $28,580. 🎖️ 3. There exists a 50% probability of Bitcoin touching the price level of $18,387, introducing an element of uncertainty in the market dynamics. ✨ 4. Our primary target for resistance lies at the $64,485 level, with the secondary target closely aligned with the termination point of the second logarithmic function, reaching $80,000. 🚀 By leveraging these insights, investors can make informed decisions not only in Bitcoin but also in other cryptocurrencies. 🙏 Your support through likes and comments is crucial, empowering me to provide you with more refined and insightful ideas. ❤️🚀
Long
by EhsanZeydabadi
4
Current Bitcoin SituationBitcoin has a massive bearish structure within this three month consolidation range. This structures targets are 60k and 57k, however if 60k were to be broken we'd be confident in far lower prices than 57k. Having said that, there is hope. Bitcoin can reverse at the 50% retracement level - $64,300 - to complete a bullish 5-0 pattern. In this scenario it would also hold the last support before 60k and pivot to all time highs. To play the bullish 5-0 you will need to monitor price action carefully and wait for some signal candles around this support. We are longing this and have already started building a position in the zone. Why is our current bias long? - Have to take a shot now as this is one of the last defences for Bitcoin to remain mid term bullish. - Volume buying at this level seems to be good so far. - Mining companies are performing very well and the bullish structures are playing out. They led the way last time. - Alts are getting absolutely destroyed, they will need to bounce and cool off soon, BTC pumping will do that. Why are we cautious - Total 2 & 3 technical structures are broken, we are definitely mid term bearish on those as there is no argument for higher prices, for now. - Indicators are not showing any bullish divergence or signs of reversing. - We are bearish on most alts and the market as a whole. Overall Takeaway We are going to long bitcoin around this level looking for the 5-0 and support to hold, if it doesn't we expect 60k to be hit pretty quickly. 60k is the last line of defence before another steeper drop and a massive break of structure that could result in a mid term bear market - which the alts are in already.
COINBASE:BTCUSDLong
by SynergyTradingSetups
6
A very magical panoramic view of the Bitcoin cycle. A very magical panoramic view of the Bitcoin cycle. We can see that since Bitcoin began trading in the secondary market in 2010, three complete bull-bear cycles have been formed. Each bull market lasts about 152 weeks, and each bear market lasts about 52 weeks, that is, three years of bull market and one year of bear market. With the growth of the number of users and market value, the increase is smaller in each round. According to the previous three cycles, the end time of this bull market is late October 2025, so how high will it rise? Welcome to discuss.
BNC:BLX
by MercuryYoung
Bitcoin Failing To PumpHey guys, It looks like Bitcoin had its little pump from $60K to GETTEX:64K but now it appears that it can't hold up the price. It keep making lower highs in the short term and the signals look pretty bearish right now. The MACD has a green dot on the daily but all other smaller time frames are rather bearish. Things can get volatile so we might see some pumps and dumps while the price consolidates. This could go on for another month or two yet before we see the price making a clear direction in the upward trajectory in October. I'm looking at Bitcoin falling to $58,500 before we do a bit of sideways action with a positive twist. If you agree with my thoughts please boost and subscribe! When you need to decide. Let your heart be the guide.
BITSTAMP:BTCUSD
by EliteSignals
BTC/USDT Outlook ICT Concepts💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on BTC/USDT, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 📉 Market Movement Overview Based on the chart, we can observe several significant movements towards the sell-side liquidity below. Currently, we also see an SMT ( Smart Money Technique ) at the lows compared to Ethereum , which is a bullish indication for us despite any existing order confluences. Additionally, the formation of an Inversion Fair Value Gap ( FVG ) after the SMT further supports the bullish outlook. 📈 Bullish SMT Explained To clarify, SMT in this context occurs when Bitcoin makes a low followed by a lower low, while Ethereum makes a low followed by a higher low. This divergence is known as a Bullish SMT and signals that there is buying interest, particularly from smart money, in the market. 🐻 Bearish Scenario Consideration: However, there is also a Bearish Fair Value Gap ( FVG ) in play, which has elicited a reaction in the market. This gap indicates areas where selling pressure was dominant, and the price may revisit these levels to address the inefficiencies left behind. The reaction to this bearish FVG, coupled with an SMT at the highs—where Bitcoin makes a high followed by a higher high, while Ethereum makes a high followed by a lower high—suggests a bearish signal. This SMT at the highs reflects divergence and hints at potential exhaustion of the upward movement. ⏰ 1-Hour Timeframe Analysis 📊 Market Outlook Overall, the market condition is currently neutral but leans towards being bullish. It is essential to seek confirmation from both lower and higher time frames before executing any positions. Monitoring multiple time frames allows traders to identify the dominant trend and potential reversals, ensuring a more informed decision-making process. Keep in mind that while the immediate signals are mixed, the broader context appears slightly bullish, but caution is advised until further confirmations are obtained. 🙏 Thank you for joining us! Exploring BTC/USDT today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
3