BTC Bitcoin Technical Analysis and Trade IdeaBitcoin BTC has been on a strong bullish run with quite a deep pullback. In the video we discuss two trade ideas one looking at the current retrace, and the second idea is a potential buy opportunity. We discuss the trend, price action, market structure a trading strategy. As always the information herewith is for educational purposes only and not to be construed as financial counsel.
BTC-D
Bitcoin Broke New High – The Real Reasons Behind ItThe relationship between inflation and Bitcoin - they moves in tandem together, in the same direction.
We saw Bitcoin has broken above its 2021 high, and it is likely to continue this trend.
Many attribute the reason behind this rally to the approval of Bitcoin ETF by SEC in January of this year. While this approval serves an incentive, the core reason for this rally is the resilience of US inflation, meaning the inflation is still pretty stubborn, not coming down to the 2% target.
Micro Bitcoin Futures & Options
Ticker: MBT
Minimum fluctuation:
$5.00 per bitcoin = $0.50
BTIC: $1.00 per bitcoin = $0.10
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BTC - Detailed Analysis - Medium to Long TermHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 As long as the $70,000 holds, we are expecting a continuation till the upper bound of the channel and $80,000.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BRIEFING Week #10 : Risk-Off Signals in TradFi intensify.Here's your weekly update ! Brought to you each weekend with years of track-record history..
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AriasWave Market Update - DOW - ASX - BTC - XLM - XRPIn this video, I aim to provide an overview of my observations regarding the approach toward a potential market peak.
I'll offer some perspective by comparing the Dow Jones to the ASX (Australian Stock Market) and discuss the possibility of a significant downturn in global markets, comparable to a collapse. I'll outline various factors contributing to these considerations.
Viewing the markets from this angle, one begins to recognize parallels with the tech stocks of the 90s, many of which peaked and experienced a decline of at least 90%, with some becoming worthless.
I see a similar scenario unfolding with cryptocurrencies, where survival will be selective, and many may not endure.
BTCUSDT - will increase to $84,000The poor shorts.
all the information he said in the video.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Bitcoin Ethereum & Crypto - are you ready for the next move?Bitcoin & crypto have been flying in the wake of semiconductor strength & the approaching halving.
As crypto has entered the stratosphere, and BTC at double top are we likely going to see some profit taking?
Double tops typically act as strong resistance, especially since there's been minimal consolidation leading into the move.
BTC - new ATH - Detailed Video Analysis 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 Here is a detailed update top-down analysis for #BTC.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BRIEFING Week #9 : Wyckoff ranging ahead for Bitcoin ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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BTC - Try This INDICATOR for DEMAND ZONES📉Hi Traders, Investors and Speculators of Charts📈
Bitcoin is undoubtedly on it's way to making a new ATH. But one question is on everyone's lips... When will we see a pullback?
Pullbacks are a normal and healthy part of any bullish cycle. With the price increasing constantly this entire week, a pullback seems immanent. In today's analysis I'm sharing a quick tip with you on how you can use an indicator to gauge the next major demand zone/support zone without setting up trendlines. This indicator is also helpful in spotting a local top/bottom.
Here's another helpful indicator to watch. This one identifies major trends, and gives real time "buy" and "sell" signals which you can setup as alerts on charts:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
COINBASE:BTCUSD
BTC Math//@version=4
strategy("Pie Topd", overlay=true)
//when viewed on the daily chart, this has accurately predicted btc tops only. seriously, it comes pretty close. it does so by calculating when the sma350x2 green crosses down the sma111 red. idk how. it just does. that's the power of mathematics. and remember this: it works until it doesn't. 2.29.2024
//variables below
sma1=sma(close, 111)
sma2=sma(close, 350)*2
// //(111x350*2) sma Strategy//
plot(sma1,"sma111",color.red, linewidth=3, transp=0)
plot(sma2,"sma350x2",color.green, linewidth=3, transp=0)
if crossunder(sma2,sma1)
label.new(bar_index, high, "Price:"+tostring(high) + " Vol:"+ tostring(volume), style=label.style_labeldown, color=color.red)
BITCOIN, Massive Bullish Breakout, Wave-Extension Objection!Hello There!
Welcome to my new analysis of Bitcoin in the middle to larger timeframe perspective. Within recent times Bitcoin developed a determined bullishness from where on it continued to form several new highs and establish a solid uptrend also supported by events such as the BTC ETFs (Exchange-Traded-Funds) that were confirmed for acceptance. Now Bitcoin also completed a major pattern which is a huge bull flag formation, Bitcoin completed such patterns several times within history and now the wave C expansion is ready to move into new all time high spheres.
With the current bullish dynamic holding on and more and more volume moving into the market as well as with the bullish sentiment building a strong technical support bitcoin is on the way to reach the full potential wave C target zones. Once the bitcoin price action bounced into the new all time high this will be an appropriate price move when the BTC ETFs trading volume also supports the price action and confirms the ability to lead to further bullish volume determination increases within the next times.
Thank you everybody for watching my idea about BITCOIN! Support is greatly appreciated.
VP
Bitcoin 📢 NO MORE DUMPS... but NO PARABOLA either📉Hi Traders, Investors and Speculators of Charts📈
More and more institutional buyers have recently admitted to investing in BTC, as we see Grayscale and BlackRock (to name a few) all invest massive amounts into this digital currency.
This could mean a few things for this bullish cycle, including:
📢 More reach (more retail investors)
📢 Higher market cap (more wallets being created)
📢 Less volatility than previous cycles (institutional trading and holding)
📢 More reach (more retail investors)
Recent news headlines have made almost anyone with a access to the internet aware of Bitcoin, if they haven't heard before. BTC promises great returns and is generally more stable than altcoins, making it a great start for newcomers who may want to try their luck with cryptocurrencies.
📢 Higher market cap (more wallets being created)
The market capitalization increases as more liquidity (cash) is invested into BTC. As more and more institutions are buying and more and more people are buying, new wallets are being created at and more money is converted to Bitcoin.
📢 Less volatility than previous cycles (institutional trading and holding)
Usually when large institutions enter the market, the volatility reduces. We see this clearly with most-traded commodities such as gold and silver. It becomes a safe haven for investors as they see brokers and other institutions give the nod of approval to Bitcoin.
These are a few reasons as to why I'm not expecting a parabolic increase towards a new ATH, and neither a correction bigger than 30%.
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CryptoCheck
BINANCE:BTCUSDT
BTC BITCOIN Technical Analysis and Trade Idea#BTC's recent bullish run has been noteworthy. However, I'm watching for a potential buying opportunity if we see a decisive retracement down to the 61.8 Fibonacci level. A subsequent retest and failure of a range at the low around the current support level formed during that pullback would provide a strong entry signal for #Bitcoin. As always, it's crucial to remember the inherent risks of trading. Conduct your own thorough research, factoring in fundamental market drivers and the broader macroeconomic landscape alongside your technical analysis. Never neglect sound risk management strategies to protect your capital.
Disclaimer: This analysis offers a technical perspective on BTC and should not be taken as investment advice. Tailor your trading decisions to your specific risk tolerance, informed by comprehensive market research and a holistic assessment of all relevant factors.
BRIEFING Week #8 : Breadth is Horrible, Be Cautious !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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