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Bitocin

Bitcoin on the Brink – Bounce from 65,700 or Slip to 63,400?Alright, crew, Bitcoin is hanging right above 65,700, and it’s crunch time. If the bulls show up, we could ride this wave toward 67,800. If not, we might slip down to 63,400 for the next setup. Key Levels: Support: 65,700 – Bulls need to hold strong here. Target: 67,800 – A break higher takes us back in the green. Lower Zone: 63,400 – If the floor drops, this could be the next landing spot. It’s all about momentum now—do the bulls have the energy to hold the line, or are we getting pulled down? Keep your eyes on those lower time frames to catch the next move. What do you think—are we bouncing or slipping? Drop your thoughts, follow, and share if this chart gave you some clarity. Mindbloome Trader Trade what you see
MARKETSCOM:BITCOINShort
by Mindbloome-Trading
BTC/USDT Analysis: Post-triangle Breakout in Ascending Channelhello guys. I have published about this pattern before, and now I am certain about this scenario! Key Observations: Broken symmetrical triangle Pattern: Bitcoin has broken out from a pattern, indicating a bullish reversal from the prior downward trend. Ascending Channel: After the breakout, BTC is moving within an ascending channel, showing the formation of higher lows and higher highs, confirming bullish momentum. Support Zones: Around $57,000-$58,000: Strong support, previously tested and confirmed, serving as a potential rebound zone for price corrections. Resistance Zones: Between $66,000 and $67,000: The first significant resistance. If Bitcoin breaks through this level, the bullish trend will likely continue. Between $75,000 and $77,000: A key upper resistance target, marking a long-term price goal if momentum persists. Potential Price Path: The chart outlines a scenario, where after a correction or consolidation around current levels ($61,000-$63,000), BTC could retest and break the $66,000 resistance. A clear break could see prices surge towards the $75,000-$77,000 range. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
by melikatrader94
6
BTC → A scalp positionHello guys... as you can see in a short time frame, this coin is on a descending channel! On the other hand, it made a QMC pattern. So you can get a short position if the price retraces to the descending trendline or the s&p area! Be aware that this is the trend for short time frames, like 1h! Don't scale it! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
11
Analysis of BTC/USDT Weekly ChartThis analysis examines both the short-term and long-term trends for Bitcoin (BTC) against Tether (USDT) using the weekly chart. Short-Term Trend: Based on the current bearish sentiment, I believe there's a high possibility of BTC experiencing a further drop in the short term. A potential support level could be found around the intersection of the 21-week EMA (Exponential Moving Average) and the 38.20% Fibonacci retracement level (highlighted by the yellow circle on the chart). Long-Term Trend: Despite the short-term weakness, the overall trend remains bearish on the weekly timeframe. This is evidenced by the price being below major moving averages (10-week, 20-week, etc.) and the bearish Ichimoku Cloud... BUT Potential Long-Term Opportunity: If BTC finds support at the mentioned confluence zone (21-week EMA and 38.20% Fibonacci level), a potential long-term buying opportunity might emerge. In this scenario, the price could target a range between $80,000 minimum and potentially reach $100,000 initially, marking the completion of the third bullish wave. Additional Considerations: This analysis is based on technical indicators and should be combined with other factors like fundamental news and on-chain metrics for a more comprehensive understanding. Market conditions are dynamic, and these targets and support levels are estimates. Always practice proper risk management when trading. This version clarifies my analysis and it's just a possibility and not financial advice.
BYBIT:BTCUSD.P
by CryptoTraces
13th Feb - Anticipated important daily and weekly levelsPlease pay attention this is BYBIT:BTCUSDT.P on 1 hour timeframe. I will keep posting these daily and weekly levels everyday, please use these levels as a tool for making your decisions or managing your positions. These are anticipated support and resistance levels, and their reliability depends on their timeframe, therefore, weekly levels are stronger than daily levels. Daily levels: These levels are valid for 1-2 days from the day of this post. Weekly levels: These levels are valid for this week and maximum next week Please update the chart with the actual price of BTCUSD to see the reaction of price to anticipated levels.
BYBIT:BTCUSD.P
by Rezakaz
Bottomed enough, ready to jump </LONG TERM>| Your time is precious so I write concise and precise, feel free to ask for more | The price has reached the bottom of the depicted channel, and some volume is expected, as FTX narratives begin to shift bullishly. Personally, I believe this is a good place to enter and keep an eye on the bottom of this channel, which I believe will keep the price secure. So, for conservative traders, entering in the next 10 days may be a safer option. DYOR. The worst scenario - Full enter in mentioned 114xx (which I believe can only be reachable by shadow, so put limit order) // DYX is also showing bearish signs, my most recent analysis can be found in my profile. | Your time is precious so I write concise and precise, feel free to ask for more |
BYBIT:BTCUSD.PLong
by Rezakaz
BITCOIN IDEASBitcoin is currently in the supply zone. In order for the trend to continue, we must leave a few days above 44000 to get confirmation. Exiting supply, we will first test the monthly level, which is at 45500, retest supply (which then becomes a big support) and go up. On the other hand, we have a huge liquidation at 40400, if the price fails to stay at these levels, there is a high probability that we will test 38500. Of course, a potential ending diagonal is created here as well as a Wyckoff top. Below I will post some of my analyzes for btc, if you wish, study further
BITSTAMP:BTCUSD
by learnfromfailure
2
$1B In Liquidation As Bitcoin Rising Wedge Pattern Breaks😱OVER $1B REKT! Turbulence engulfs the market today as Bitcoin shatters critical support thresholds, unleashing reverberations that resonate throughout the entire financial landscape. This precipitous decline coincides with the revelation of Chinese real estate giant Evergrande's Chapter 15 Bankruptcy filing in a U.S. court—a development that has sent shockwaves through the economic sphere. The precarious financial state of this corporate behemoth, coupled with the potential domino effect on the world economy, has become a subject of fervent examination and unease among investors. Price Target $19xx - $20000
KRAKEN:BTCUSDShort
by CFD_CapitalGroup
BTCUSD 📊 Next level up? or correction coming up?After successfully breaking out of the previous bullish bull flag, Bitcoin experienced a pump, reaching new weekly highs at $31,812. It was an eventful week with several significant developments: 1) US judge ruled that Ripple XRP is not a security, leading to a price increase of 103.16% for XRP. 2) US inflation fell to 3%, lower than expectations. 3) Europe is set to launch its first spot Bitcoin ETF this month. 4) A former SEC Chairman stated that spot Bitcoin ETFs should be approved. 5) Coinbase re-listed Ripple XRP. 6) The CEO of $9 trillion asset manager BlackRock stated that crypto will transcend international currencies due to global demand. 7) The SEC acknowledged BlackRock's Spot Bitcoin ETF application. 8) The SEC also acknowledged Spot Bitcoin ETF applications from Fidelity, VanEck, WisdomTree, and Invesco. 9) Bank of America was ordered to pay $250 million for charging illegal fees and opening credit card accounts without customer consent. 10) The Australian Securities Exchange received its first spot Bitcoin ETF application. Altcoins experienced significant price increases amidst this chaotic environment, offering numerous opportunities to multiply investments. The history of crypto is still in its early stages of adoption worldwide. Major players, including companies, corporations, banks, and Eastern governments, are increasingly embracing cryptocurrencies. The time for a major turnaround is approaching, and it's essential to be prepared. For now, as scalpers who leverage the market, we've noticed Bitcoin consolidating within a range for approximately three weeks. A clear break and close above this range will finally bring us to the long-awaited $34,000 level. Conversely, if we break and close below the support at $29,800, we can expect downside movement towards the support intersecting the trend line. We are eagerly awaiting the market's movements this week and excited about the potential for making profits. Please note that the advice you receive about cryptocurrency should always be taken as guidance and not as definitive instructions on what to do. Investing in cryptocurrency, like any other type of investment, involves risks, including the loss of capital. Always conduct your own research and consult with a financial advisor before making investment decisions.
BITSTAMP:BTCUSD
by Blast910
2
btc ---> another head and shouldershello guys... BTC made another head and shoulders in drive two of an ascending pattern! (it is kind of a QM pattern too) there are two opportunities to get a long position on BTC, I show it on the chart and it is up to you! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
17
Market Update | Bitcoin, Alts and Bitcoin Dominance Hello traders, - there is something interesting happened !! - It's the first time since almost one year, Bitcoin was able to close the first weekly candle above 30k level !! - Bitcoin dominance is going down as expected before and we are already started a mini alt season. - TOTAL2 is very close to a good resistance between 670B and 680B and we may see a healthy correction from there. - this retracement will give us a chance to fill our bags in lower prices before another up rally. - in the current market situation, Holding long positions and taking advantage of local pullbacks can be effective strategies, but we must also prepare for the possibility of FUD (fear, uncertainty, and doubt) causing market drops. - it's important to keep in mind that the crypto market may experience significant drops at any given time. - While these drops can provide opportunities to make money, it's crucial to approach them with caution. - To mitigate risks, it's important to use appropriate stops, practice proper risk and money management, and take profits as soon as the price reaches your target. While some may choose to play more aggressively during volatile times, it's essential to be prepared for any risks that may arise. - As always, I encourage everyone to approach the market with care and to be mindful of the potential risks involved. Let's do our best to protect our investments and manage our risks effectively. Really thanks !! leaving like and comment is appreciated !!
CRYPTOCAP:BTC.DLong
by Khaledzu
BITO: Risk on rideBITO 390m: Breakout from structure held since June 2022 and move over value area high. Auction has now moved over key MAs. Aggressive movements & high vol in the crypto sector has produced risk on sentiment and a two day upside of +30%; diverging from recent equity sentiment. Continued price action and breadth in this space could see BITO continue its current move to price rediscovery of May 2022 levels into the 18.14, 22.48 vPOCs; contingent of exhaustion absence//Will monitor how derivatives position post market favored CPI reports this am and into EOM OpEX, compression of volatility, and Fed speak// RVOL 3.56, IV: 87.40%, Fast Beta: 0.77, Notable that ATR: 0.67// Bias: Acute long// Price at time of publish: 15.95
AMEX:BITOLong
by GroundNinja
#1 or #2? Or any other idea?| Your time is precious so I write concise and precise, feel free to ask for more | So far, we have broken the support due to the FTX scandal, spending time here, and I am assuming two scenarios. #1 With a motivating narrative/news, we will rise above the support and attract more funds to the crypto market. #2 We will dump to the next support as the market continues to struggle in tandem with the unfavorable situation in the SPX500USD. As a result, I anticipate a good buying opportunity between 12K and 14K. There are two yellow arrows there, which I believe will act as a liquidity pool and driving forces. Do you consider any other possibilities? I would be happy to find out. Wish you green | Your time is precious so I write concise and precise, feel free to ask for more |
by Rezakaz
4