Get started

Btc-bitcoin

BTC: Bullish market structure. Support retest before the rally Bitcoin is declining as localized negative sentiment prevails in the market. A small shakeout and liquidation will allow the big player to gather liquidity faster before further growth I'm keeping an eye on areas such as: Rising support line Support 64589 Support 66500 Strong moves are much easier to stop than if price approaches support slowly. Accordingly, the most probable scenario is a rebound in the form of a false breakdown These zones are a pool of huge liquidity and a false breakdown could be formed at the low before price heads towards 71566 with a view to breakout and further rise towards 80K
BINANCE:BTCUSDLong
by AndeWave
2
(BTC) bitcoinnot sure what I created here; the indicator line shows slope information that leads before the price increases in the future. may have something to do with the halving and reduction in BTC. the green line decreases as the price grows in the same way a previous chart prices look smaller as the price reaches higher. the only difference here is that the graph lines are happening before the price of BTC peaks, odd. ...now I have to wait to see if the indicator line changes dramatically ahead of the price of BTC...
BITSTAMP:BTCUSD
by CryptocurrencyBlot
NOT → "DUMP" and 0.015 or false breakdown and 0.04?BINANCE:NOTUSDT looks strong both fundamentally and technically, but the hourly timeframe is forming the preconditions for a “Dump” of the coin before a possible further rise. Since the opening (not counting the listing day), the coin has strengthened quite strongly without much pullbacks, which has created a rather large imbalance. In addition, there is a clear “Dump” scenario, where first the coin was pumped up to 450% and now it can be dumped in order to collect liquidity at the expense of traders who caught up with the outgoing train. At the moment all the attention is on the area of 0.02-0.0199. There are two possible scenarios regarding the level and everything depends on the market reaction and traders' behavior. Either it will be a breakout and liquidation, or a false breakdown with the subsequent continuation of growth to the liquidity zones. Support levels: 0.0199, 0.185 Resistance levels: 0.023, 0.0253 Volumes, investments are growing, but the coin cannot grow all the time. The market needs energy and whales may eat some buyers in order to form long positions at more favorable prices. We are watching the specified zone of 0.0199. Regards R. Linda!
by RLinda
26
Bitcoin is still holding at the daily support levelBitcoin is still holding at the daily support level, indicating strong buying interest and stability at this price point. We expect it to move upwards with a favorable risk-to-reward ratio, suggesting that the potential gains outweigh the risks involved. The key level to watch is the daily resistance at $70,500, which Bitcoin aims to break. ------------------------------------------- This week is a crucial one for Bitcoin. Wednesday: CPI index will be released. Thursday: Federal fund rate announcement. A significant volume of trades is awaiting these decisions. Currently, the price is moving close to the 2020 ATH (All-Time High). If the news is positive, the price could reach the high liquidity zone of $74,000 and potentially $80,000, where a substantial amount of liquidity ($10 billion) has accumulated.
by MonoCoinSignal
Bitcoin 2020 vs 2024Hello, me dear-dear friends! Today, I have prepared a comparison chart of Bitcoin's price formation in 2020 and 2024 for You. We can see a very interesting pattern on the chart! Specifically, after forming a triangle, the price broke upwards and then halted its ascent, starting to accumulate right at the support level. That's an excellent signal, in my opinion.🚀 In the near future, we might see either reduced volatility in the market or a sharp upward surge, depending on market sentiment!🤞 Yesterday's chart is also useful, and I highly recommend You check it out :) Thanks for Your attention and interest in my work🫶 Sincerely Yours, Kateryna
BINANCE:BTCUSDLong
by RocketBomb
4
Navigating Crypto Bull Run 2024-2025Hello, Skyrexians! While Bitcoin is locked inside the price range between 60k and 70k, altcoins look dead. While we saw fantastic rally for Bitcoin, Ethereum, Binance coin and other largest altcoins, most of crypto assets are still testing the bottom. This price actions can disappoint even best crypto traders. People usually trading cryptocurrency for profit, but now even if you bought altcoins at the bottom you have a very small profit. In March 2024 most of crypto trading strategies predicted the further pump, but instead of this we can see -60% drop for most of crypto coins. Even most of trading bot strategies faced with huge losses during last 3 month. During the bullish phase the best decision is to use grid trading bot, but this time price went out from the grid bot trading range, therefore even automated trading bots faced with losses. In our opinion such shakeout was needed because of excessive optimism on the crypto market. People needs to be disappointed and sell their crypto before the true bull run. Now it’s happening, we will show you our thoughts about crypto market and will try to analyze what is coming next. Bitcoin analysis As it usually happens Bitcoin started moving up first. It’s bull run started at the beginning of 2023. We will analyze 1W time frame. Awesome Oscillator and Alligator showing us that Bitcoin is still in global wave 3 because of it’s maximum value. Moreover AO still has not crossed zero line. It means that there are a lot of time before bull market will be finished. We predict the wave 3 finish in the upcoming 1-2 months with the price target approximately at $80k. Let’s use this target to predict the further scenario. We have the super confident target for the wave 4. It’s inside the range between 0.38 and 0.5 Fibonacci retracement for the wave 3. It’s inside the range $54-61k. Moreover, lower degree wave 4 has been finished there. When price will reach this zone, for bullish reversal bar and AO crosses zero line, it can be the strong sign that global wave 4 is finished. Assuming that wave 4 will be finished in this zone we can predict the target for the wave 5. We have to take the distance from wave 1 bottom the wave 3 top and measure it from wave 4 bottom. This is the maximum target for the wave 5 and the entire bull run, at $115k. The minimal target is 0.61 from this distance, approximately at $92k. Anyway, this wave shall be printed in conjunction with the AO bearish divergence to kill this bull trend. Taking into account that wave 4 can be very long in terms of time this bull run will be finished in the middle of 2025. Bitcoin Dominance Bitcoin is moving clear, but what with altcoins? The key chart for altcoins is the BTC Dominance chart. Every time we see huge drop on it, massive alt seasons happen. You can say that this is not a real asset and it’s impossible to predict it’s value, but all these movements is the trader’s psychology. Therefore we can use classical TA tools here. BTC Dominance now is inside the target area 0.5-0.61 Fibonacci. There is a high chance that massive dump will start from here. This time it can break 40% and finally reach 24%. We believe that this time this decrease can be on the real Bitcoin’s dump. Large players have a huge gains on Bitcoin and they need to distribute liquidity to take profit, that’s why alt seasons usually happens. We predict the altseason start in the upcoming 2 months. Cardano (ADA) analysis Let’s move on to altcoins analysis and start with the old assets ADA. It has enough history to make a price prediction. Previous bear market bottom was at $0.02, this time it has reached $0.2. You can say it’s 10x from the bottom, how it will go up? 

We can conclude that ADA is the uptrend crypto asset because it’s making higher lows from cycle to cycle. Therefore the previous bull run could be just the wave 1. Global wave 2 finished with the bullish divergence with AO on the weekly time frame and after that we have seen this local rally. This rally is just the wave 1 of the new bull run and current dump is just a correction to it. For sure we need more disappointment, that’s why we expect more sideways in the current range. When everybody will be disappointed the huge wave 3 starts. It has two targets: $3.3 and $5.2 if this bull run will be extended. Cosmos (ATOM) analysis The main question of the day is why such fundamentally strong asset like ATOM is still at the bottom, while meme coins made 10x. For sure it was a huge mistake, but as we can see now people hate such assets like ATOM. They want to buy Solana or PEPE instead and it’s good sign for ATOM holders. We make our predictions based only on charts and this chart is also telling us about bull run is coming. ATOM is also making higher lows from cycle to cycle. The main difference with ADA is that Cosmos has printed shortened wave 5. First bullish wave finished in March and now price is finishing wave 2. Wave 3 will start suddenly when nobody believe it that. We suppose in September will be huge gains on fundamental projects. Minimal target is $49, maximum one is $77 according to 1 and 1.61 Fibonacci extensions. Polkadot (DOT) analysis The last crypto asset for today is DOT. It has almost the same pattern like previous two assets. Wave 5 of bear market was not shortened here that’s why we have seen rally more than for ATOM. Previous bear market bottom has been reached much lower that in the current cycle. In our opinion the first wave of the new bull run has been already printed ad current disappointing wave 2 is trying to persuade people to sell their assets. After 1-2 month of consolidation and may be making lower lows locally we will see the huge push the the upside. The minimal target is $56, maximum equals $89. Conclusion Most of altcoins are in the huge accumulation which lasts for almost two years. In the previous bear market was almost the same time before significant gains. For sure this time can be different and may be it’s time to die for altcoins, but Elliott Waves analysis reflects perfectly the crowd’s mood. If now we can see still a lot of optimism, if price will continue sideways they disappoint. Overall, we can see now two groups of traders. The first one is still bullish, the second one is waiting for new lows below the current consolidation to enter the market. We suppose that both major groups shall be fooled, market maker will not allow assets to dump that much, but at the same time he will not pump it before most of bulls sell their assets. Best regards, Skyrex Team
Long
by Skyrexio
2
Bitcoin #BTC Current Phase Targets ]In the name of Allah, the Most Gracious, the Most Merciful, 📈 **Bitcoin #BTC** 🎯 **Current Phase Objectives** 🔑 **Condition:** A **breakthrough at $72,558** is required before the dates of **16~28 / Jun** 📊 **Phase Target:** By God's will, aiming for an upward trend to **$90,594** 🔍 The targets are clear and defined. The outlook changes from bullish to bearish if these dates are reached before the breakthrough or if a drop below **$56,522** occurs. 💖 May success be granted by Allah
INDEX:BTCUSD
by AmeerGann
FILUSDT → Waiting for the Rally. Potential target 11.8BINANCE:FILUSDT may move from the consolidation phase to the realization phase. The coin has 70% potential, which in general may give a chance to renew ATH. The bullish trend may get its continuation. On D1 a break through the resistance of consolidation is formed. Bulls are starting to realize their scenario. The focus is on 6.808. The break of the resistance and price fixation above this area may provoke a large volume of purchases, which will only strengthen the rally. At the same time, bitcoin is saving up to continue its growth on the background of increasing interest in the cryptocurrency market. If bitcoin starts to kick off, it could generally favor the coin, which already (locally) looks stronger) Resistance levels: 6.808, 8.120 Support levels: 5.666, trend support I expect a retest of 6.808 followed by a breakout, which will only strengthen buying. If this scenario is followed, we can reach interesting targets, such as 9.34 - 11.8. Regards R. Linda!
Long
by RLinda
7
Bitcoin can break resistance level and continue grow in channelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price reached the resistance level and even entered to the seller zone, where started to decline inside the downward pennant. In this pattern, it fell to the support level, which coincided with the buyer zone and also reached the support line of the pennant, after which rebounded up to the resistance line. Then BTC exited from a downward pennant and fell lower than the 60200 level, but soon it turned around and started to rise inside the upward channel, where BTC broke the support level one more time. Next, the price made retest and continued to move up in the channel and even made a fake breakout of the resistance line, but when Bitcoin touched the resistance level, it at once rebounded back to the channel. But a not long time ago price rebounded from the support line of the channel to the resistance level and now continues to trades very close to the 71200 level. So, that's why I think that BTC can make a correction movement to support line of the channel and then rebound up higher that resistance level, breaking it. After this move, the price can continue to move up in the upward channel, therefore I set my target at 75000 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
7
Bitcoin Bull Flag: Last Hurdle for a Major Rally Over six weeks ago, Bitcoin start forming a Bull Flag pattern. The breakout above the 20-day and 50-day Simple Moving Averages (SMAs) confirmed a low, setting the stage for a potential rally towards the Bull flag's target of approximately $100K. Fast forward to today, BTCUSD has not only surpassed these SMAs but also cleared the Ichimoku Cloud, positioning the price above the 20-day, 50-day, and 200-day SMAs. This alignment signals a bullish outlook. Recent Price Action Recently, Bitcoin has surged past the $71,600 mark, showing a 3.30% increase in the last 4 days. This rise is driven by renewed enthusiasm from both new and short-term investors. According to GlassNode’s latest report, the market is seeing a resurgence in speculative interest. Long-term holders (LTHs), considered the most experienced market participants, are maintaining their positions and continue to accumulate Bitcoin, indicating strong confidence in its long-term growth potential. Technical Resistance and Support Since its all-time high in March, Bitcoin has faced resistance at the Bull flag's upper trend line, with three failed breakout attempts in April an May. As of June 7, BTCUSD is testing this critical resistance again. A successful breakout could lead to a significant rally to $100K, while failure to clear this trend line might result in a correction towards the $54-55K range — watch carefully on SMAs an Ichimoku Cloud. Market Sentiment The "Sell-Side Risk Ratio" suggests that most profit-taking has already occurred within the current price range, pointing to the potential for volatile movements soon. Despite recent market consolidation, long-term holders have shown minimal selling activity, reinforcing their confidence in Bitcoin's future appreciation. Conclusion Bitcoin’s market outlook remains optimistic. The alignment of key SMAs and the Ichimoku Cloud supports a bullish scenario, with further gains likely as speculative interest increases and long-term holders remain steadfast. The next critical test is the $71,300 resistance level, which, if cleared, could pave the way for a substantial rally.
Long
by Vestinda
Bitcoin: JUNE 7TH, 2024Hello dear traders. Hope you're doing ok. This is my #btc expectation in the short and mid term. Let's get down to the nitty-gritty of the PA. Price MIGHT take out yesterday's low, fill the FVG, and then continue the upward momentum. If not, we'll move towards the clean highs at the top of the range, and the PA will be of significance there. I will definitely exit my long, especially if I see a major push with high volume, and monitor the price. Acceptance back into the range will be a short trigger towards some lows around 68500 and 66K. That will be the ideal scenario to long again towards some dizzying heights. However, if price manages to maintain above the range high, and form structure, I will begin to consider longing. Momentum EMAs have shaped up nicely, and I assume we'll pick up pace soon. If you find the idea useful, please like, share, and subscribe for more updates. Good luck trading!
COINBASE:BTCUSDLong
by Trader_Nebula
2024-06-06 - a daily price action after hour update - bitcoinGood Evening and I hope you are well. comment: Bears keep rejecting 71000 and it’s the 4th time bulls touched it. Something has to give, either bulls stop trying or bears defending. My money is on the bears. The bull trend line runs around 68500 and if bears can get below, I am confident that this was the last we have seen from prices above 68000 for a long time. If bulls can break above 72000, they will certainly print a new ath and it also means I’m wrong. current market cycle: trading range key levels: 56000 - 74000 bull case: Bulls either use the momentum now to print above 72000 or stop trying. The big bear trend line from the ath is holding somewhat since we are still making lower highs. I can’t find many arguments for the bulls here. They printed a decent double top on the 1h chart and a quadruple top on the daily chart. They kept the 1h bull gap to 69800 open and are 2000 points above the daily ema. Bull trend lines are intact, so they could continue trying to break above 72000. Invalidation is below 69000. bear case: They see the many many rejections above 71000 and the double top from today. They need much more selling pressure to close the gap to 69800 and test the lower bull trend line and the daily ema around 69000. Invalidation is above 72000. short term: Neutral between 69000 - 72000. Bullish above, bearish below. medium-long term: down to 40000 (could take 3-6 months). Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged current swing trade: Short from 70443, sl 71950 trade of the day: Trading range 70000 - 71500. Buy low and sell high at the extremes or don’t trade at all. Selling above 71000 has been profitable since March.
CRYPTO:BTCUSD
by priceactiontds
Learn How To Trade Tradingview's new BBTrend Indicator! Introduction In this analysis I want to take a closer look at Tradingview's newly released BBTrend indicator. It's an indicator on the widely popular Bollinger Bands. You can find more information about the indicator here: www.tradingview.com Indicators are nice to use, but the most important question remains whether they are useful in trading or not? I want to present you a very simple, but powerful trading strategy using this new indicator. Indicators used - BBTrend: determine the best reversal entries. - 200-period EMA: assess whether we're trading bullish or bearish. Strategy Bullish: price should be above 5% of the 200-period EMA. Light-red BBTrend has to change in trend and become dark red. Bearish: price should be below 5% of the 200-period EMA. Light-green BBTrend has to change in trend and become dark green. Investment: risk 5% per stop loss. This means that you lose 5% of your balance if the stop is hit, but gain 15% once the profit target is hit. Stop and profit targets Stop-loss: place stop just above the most recent swing-high. Take profit: 3x the stop-loss distance. Results Win-rate: 4/8, 50% Profit: +42% (1.15*1.15*0.95*0.95*0.95*1.15*1.15*0.95) I'm aware of trading within existing trades, but for the sake of simplicity I use this easy profit calculation method. Final remarks This strategy works well in strongly trending markets due to the higher probability of the trend continuing the current direction. In periods of prolonged trading around the 200-period EMA it can get tricky to get a good trade in, hence we only trade once we're at least at 5% distance of the EMA. This trend-following strategy can be used on every asset and on every time frame. Just make sure to be consistent. Good luck!
INDEX:BTCUSD
by FieryTrading