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Btc-usdt

Bitcoin can make correction movement to 48900, exiting of rangeHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a not long time ago made downward impulse from resistance line of the pennant to 41500 support level, which coincided with buyer zone. After this movement, BTC some time traded near this level, after which in a short time price broke this level and declined to support line of pennant. Then BTC turned around from support line and started to grow to 41500 support level. Soon, the price broke this level one more time and continued to move up to the resistance line of pennant, and after reached this line, BTC fell to the support line and then made a strong upward impulse to 48900 level, which coincided with the support area, thereby exiting from the pennant. In a short time later, price broke 48900 level, made retest and rose a little higher, but a not long time ago it started to trades in range, where price continues to trades to this day. In my mind, Bitcoin can decline to the bottom part of the range, then make little movement up, after which continue to fall to the current support level, thereby exiting from range. For this reason, I set two targets, first target at the 50600 level, and second - at the 48900 support level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1
BITCOIN - Price can make correction to $49000 support levelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 When price started to trades in flat, price some time traded near $41300 level, which coincided with support area and bounced up. After this, BTC rose to $49000 level, exiting from flat and entering to triangle, where price made downward impulse. Price declined from resistance line to support line of triangle, breaking $41300 level, but soon price rose higher this level. Next, Bitcoin made strong upward impulse to $49000 level, which coincided with support area, thereby exiting from triangle. Also soon, price broke this level and recently rose higher support area, and now I think Bitcoin can little grow firstly. Then price will turn around and start to decline to $49000 support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
1
🔥 Bitcoin: Fibonacci Signals New All-Time High Soon 🚨In this analysis I want to compare the start of the previous two bull-cycles with the current one. Specifically, I want to look at the Fibonacci retracements drawn on the chart. During the start of the bull-runs, the 0.618 (light blue) Fibonacci retracement has always played a key role. First, the price has always rejected once from the 0.618 area once (red arrows). However, the second time that the price reaches the 0.618 Fibonacci retracement it has always broken through. This break out has always started a new bull-run with new all-time highs. If history will repeat, we can expect that BTC is going to see a few very bullish months ahead and will make new all-time highs in the near future. Do you think that this is the bull-run that we've been waiting for? Share your thoughts🙏
INDEX:BTCUSDLong
by FieryTrading
16
Bitcoin can rebound down of resistance line to 48700 in channelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a not long time ago breakout the 42800 support level, which coincided with the buyer zone inside the upward channel and started to trades near this level. Some time BTC fell to the buyer zone, but at once it backing up, and later price finally rebounded from the support line and continued to move up in the channel. A few moments later BTC reached 50200 current support level, which coincided with the support area, but at once made little correction, after which the price turned around and rose back to this level. Soon, Bitcoin broke the 50200 level and even later rose higher than the support area and reached the resistance line of the channel. But recently price rolled down from this line and at the moment it trades near, so in my mind, Bitcoin can rise to the resistance line and then start to decline to the support line, thereby breaking the support level. For this reason, I set my target at 48700 points, which coincided with the support line of the upward channel. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
4
BTCUSDT.1DBased on the market data provided, the current price of Bitcoin (BTC) against Tether (USDT) is $52,089. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 76.33, 84.40 and 80.84 respectively. These values indicate that BTC is currently in the overbought territory, suggesting that a price correction might be imminent. The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day and 7 days are 1163, 2323 and 5140 respectively. The positive MACD values indicate that the bulls are currently in control. The Bollinger Bands (BB) for 4 hours, 1 day and 7 days are all at 53570, indicating a relatively stable price volatility. The support levels for 4 hours, 1 day and 7 days are $51,056, $47,500 and $40,000 respectively, while the resistance levels for the same periods are $53,351, $53,230 and $53,800. In my opinion, while the market is currently bullish, the high RSI values suggest that the market is overbought, and a price correction might be on the horizon. As such, it might be a good idea to exercise caution and consider taking profits or setting stop-loss orders to protect your investment. However, if BTC manages to break through the resistance levels, we could see further upside. Keep in mind that this analysis is based on historical data and does not guarantee future results. Always do your own research and consider your financial situation and risk tolerance before making investment decisions.
by MarsSignals
1
HelenP. I Bitcoin can make correction, after which continue growHi folks today I'm prepared for you Bitcoin analytics. A not long time ago price declined from support 2, which coincided with the support zone to the trend line, after which the price bounced and started to trades in the support zone. Some time later, BTC broke the trend line and support 2 again, and then the price started to rise to the trend line. When it reached this line, BTC broke it, made a retest, and then continued to move up to support 1, which coincided with one more support zone. Later, the price finally reached support 1, broke it, and little time trades in the support zone, but soon it made a correction below this level. Then BTC in a short time rose back and even recently grew higher than the support zone to 48600 points. But also, a not long time ago BTC stopped rising more, and now it trades near the support zone, so I expect that price can make little movement up, after which Bitcoin will decline to the trend line, which coincides with support 1 in support zone and then it can rebound up from this area. For this reason, I set my target at the 49200 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
4
Bitcoin can little correct and then continue to move upHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago traded in the range, where it firstly declined to the 41500 support level, which coincided with the buyer zone, but soon BTC turned around and made impulse up higher than the bottom part of the range, thereby exiting from it. Next, the price entered to the pennant, where it rose to the resistance line, after which it made a strong downward impulse to the support line, thereby breaking two levels - 47000 and 41500. Later price turned around from the support line and in a short time rose higher than the 41500 level, breaking it one more time and little time later BTC reached the resistance line of the pennant and broke it too, exiting from the pennant pattern. After this movement, Bitcoin rose to its current support level, which coincided with the support area, and recently broke it also, after which the price made a retest and continued to move up. At the moment, the price trades near the support area, and in my mind, Bitcoin can correct to the support area, and then BTC will bounce and continue to grow. For this case, I set my target at the 49900 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
3
HelenP. I After impulse up, BTC will make correction to $43500Hi folks today I'm prepared for you Bitcoin analytics. Some days ago price traded near support 1, but after a little correction, it rose back to this level and made a strong impulse down to the trend line, thereby breaking support 2, which coincided with the support zone. After this movement, BTC turned around from the trend line and in a short time rose to support 2, and soon broke this level again. Next, the price continued to move up and reached one more support zone, which coincided with support 1, but later it rebounded from this area and soon declined to the trend line. Some time later price rebounded from this line and made impulse up, breaking support 1. At the moment, the price trades higher than the support zone and I expect that Bitcoin will rise a little more, after which the price can make a correction to the 43500 support level. For this reason, I set my target at this level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
4
BITCOIN - Price can make retest and then continue to move upHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price bounced from $41700 level and tried to rise, but failed and in a short time declined to support line of wedge. Then BTC at once made strong upward impulse to resistance line, and soon fell to $41700 level, making fake breakout of $47200 level. Price broke $41700 level again and continued to decline to support line, and later started to grow in rising channel. Also, BTC exited of wedge, broke $41700 level, and continued to move up in channel to $47200 level. Recently price exited from channel, reached $41700 level, broke it and now BTC trades in resistance area. Possibly, Bitcoin can make retest of support level, after breakout and then continue to grow to $49500 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
Bitcoin can make little movement up, and then start to fallHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a not long time ago started to trades inside the upward channel, where it first declined to the support line, after which it rebounded and rose to the 39900 support level, which coincided with the buyer zone. Next, the price some time traded near this level, and soon broke it, after which BTC rebounded up to the next level in the channel. In a short time price broke the 41800 level too, after which it started to trades inside from range, thereby exiting of upward channel. In range, BTC some time traded near the support area, which coincided with the bottom part and 41800 level, and later rebounded from this zone to top part of range. After this movement, Bitcoin turned around and made a correction back to the support area, but it at once bounced and continued to trades near the support area. Now, I think that Bitcoin can rise a little more, after which the price make correction to support the area again. For this case, I set my target at the current support level - 41800. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
5
🔥 Bitcoin Low Volatility Alert: Extreme Move Incoming!Bitcoin has seen some extremely low volatility over the last couple of days. Every time that the indicator flashed green (low volatility), a big move in price was coming rather sooner than later. Over the last year, most of the low-volatility-alerts have signaled a bullish move. Only in July and August it preceded a bearish move. Something will happen, but it remains uncertain which direction the price will go. I've been quite bearish on the price ever since the ETF top, so wouldn't be surprised if we go down further.
INDEX:BTCUSD
by FieryTrading
8
BITCOIN - Price can little correct and then bounce up to $45200Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose to $45200 resistance level, which coincided with resistance area. Then BTC corrected to support line and after this made upward impulse to $48700 points, thereby exiting from channel. But soon, BTC turned around and made a strong downward impulse to $40550 level, breaking $45200 resistance level. Soon, price broke support level to and fell to support line, but later price in a short time backed up higher this level. After this, price formed pennant, where BTC rose to resistance line and recently broke it, exiting from this pattern. Now, in my opinion, Bitcoin can correct and then it continues to move up to $45200 resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
6
HelenP. I After rising moving, BTC can correct $40750Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the 45850 resistance level, which coincided with the resistance zone and made impulse down to the 40750 support level. But BTC at once rebounded from this line and in a short time rose back to the resistance level and even later rose higher than this level, thereby breaking it. Then BTC rose to the trend line, after which it bounced and made a strong impulse down to the support level, breaking 45850 one more time. Also, the price started to decline inside the wedge, where it declined even below a support level, breaking this level too. Some time later BTC turned around and in a short time rose to the trend line and broke it, thereby exiting from the wedge and breaking the 40750 support level, which coincided with the support zone. Now, the price continues to grow and for my mind, Bitcoin will rise a little more, after which it turn around and starts to decline to the support level. Therefore, I set up my target at the 40750 support level. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
4
BITCOIN - Price can bounce down from resistance area to $40200Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from resistance area to support line, thereby breaking $45400 and $42500 levels, but at once start to rise. In a short time price rose to $49900 points, but then it turned around and made downward impulse to $42500 level. After this, price continued to decline in falling channel, where it broke this level and $39600 level too, reaching support line. Then price bounced up from support line to $42500 level, exiting from channel and breaking $39600 level again. Also recently, BTC tried rise higher than $42500 level, but failed and now it trades near support line. So, I think Bitcoin can rise a little higher than resistance level and then bounce down to $40200 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
2
Bitcoin can exit from pennant and continue grow to 45400 levelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a few time ago declined to the 41400 support level, where it turned around and started to rise inside the upward channel. In the channel, BTC rose to a 45400 resistance level, which coincided with the seller zone and soon broke this level. Price rose a little higher, after which it exited from the channel, entered to pennant, and at once made a downward impulse from the resistance line to the support level, thereby breaking the 45400 level one more time. Next, BTC some time traded near the 41400 support level, and later it declined to support line of the pennant, breaking the support level, but soon price turned around and in a short time rose back. Also recently BTC rose to the resistance line of the pennant, where it continues to trades near now. So, in my mind, Bitcoin can break the resistance line, thereby exiting from the pennant, make a retest, and then rebound up to the resistance level, or after the breakout of the resistance line, BTC will at once continue to move up to the resistance level. For this reason, I set my target at the 45400 resistance level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
BITCOIN - Price can correct to support level and then bounce upHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price bounced from support level, which coincided with support area, and rose to $45800 level. But then BTC made downward impulse to support line, but in a short time price backed up and then started to rise. Also, price started to trades in wedge, where later it rose to resistance line, thereby breaking $45800 level. Later price made downward impulse from this line to support line of wedge, breaking two levels $45800 and $41700 After this, BTC turned around and in a short time, it exited from wedge and soon broke $41700 level again. Now price trades near the support level and I think BTC can correct to this level and then bounce up to $44700 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
Bitcoin(BTC): Looking For Breakdown Of $40KBitcoin is looking better than ever. Last week we had a nice downward movement, and the current week started with some sharp movement to lower zones towards that $40K zone. As you all know, we have been looking at two major zones of $34K and $26K (which hold the most liquidity), which is more of a mid-term movement for us, but in the short-term we are looking for a clean breakdown of that $40K zone, which is basically the last zone to hold the price of BTC as of now. Upon breaking this zone, we will see some deep downward movement to our major target zone!! Swallow Team
BITSTAMP:BTCUSDShort
by SwallowAcademy
3
BTCUSDT.1WBased on the provided market data, the current price of Bitcoin (BTC) is $40,072.01. The Relative Strength Index (RSI) over 4 hours, 1 day and 7 days is 44.75, 40.69, and 64.21 respectively. The RSI is a momentum indicator that measures the speed and change of price movements, with a value below 30 typically interpreted as a bullish signal (potentially over-sold) and above 70 a bearish signal (potentially over-bought). In this case, the RSI values suggest that BTC is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) for BTC over 4 hours, 1 day, and 7 days is -306.14, -829.16, and 3742.30 respectively. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. Negative MACD values suggest that BTC is on a downward price trend, while the positive 7-day MACD suggests a potential upward trend in the longer term. The Bollinger Bands (BB) for the same periods are 41379.0, 47268.0, and 48740.0 respectively. Bollinger Bands are a volatility indicator. Prices are high at the upper band and low at the lower band. In this case, BTC's current price is below the middle band suggesting it's relatively low. The support levels for 4h, 1d, and 7d are $38,595.0/$38,261.0/$35,920.0, $42,790.0/$40,633.0/$40,190.0 and $35,685.0/$30,600.0/$26,868.0 respectively. The resistance levels for the same periods are $41,684.0/$43,066.0/$43,564.0, $44,393.0/$44,900.0/$48,900.0 and $52,200.0/$59,200.0/$69,100.0 respectively. In conclusion, the short-term indicators suggest a bearish trend for BTC, with the price below the middle Bollinger Band and negative MACD values. However, the positive 7-day MACD and the RSI values suggest that there may be potential for an upward trend in the longer term. As always, it's important to consider these indicators as part of a broader strategy and to consider other market factors when making investment decisions.
by MarsSignals
🔥 Bitcoin: Just A Dip? What Does 2016 Tell usPreface: I'm still bearish on BTC as per my most recent analyses. The ETF launch likely signaled a major top, potentially until the halving. My most likely scenario's are shown below. That being said, I think it's worthwhile to look at the market from different perspectives. In this analysis I'm going to compare the 2016-2017 bull-run with the 2023 bull-run. Back then, BTC experienced many 30%-40% drops over the course of 2 years. In the end, every dip was a dip to be bought which led to some very good returns. Thus far, the 2023 (and 2024) bull-run has had several dips around 20%, which all proved to be very good entry points. We had to admit to ourselves that it's possible that the drop after the ETF launch is a dip to be bought. Furthermore, the dips getting less deep than 8 years ago is a natural consequence of the market maturing and becoming less volatile. Is this just a dip, or are we facing a longer-term correction? Happy to hear your thoughts!
Long
by FieryTrading
18
BTCUSDT.4HBased on the provided market data, BTC is currently priced at $41,270 against USDT. The 4-hour Relative Strength Index (RSI) is at 32.58, indicating an oversold condition and possibly an upcoming price rebound. However, the 4-hour Moving Average Convergence Divergence (MACD) is at -500.32, suggesting a bearish market scenario. The Bollinger Bands (BB) for 4 hours, 1 day and 7 days are at $43,860, $47,150 and $48,530 respectively. These values indicate that BTC is currently trading below its average price, suggesting a bearish trend. The support levels for 4 hours, 1 day and 7 days are $40,568, $40,500, and $35,400 respectively. If the price drops below these levels, it could potentially fall further to the next support levels at $40,100, $38,500, and $30,600 or even to the third support levels at $38,600, $37,300, and $24,700. The resistance levels for 4 hours, 1 day and 7 days are $43,937, $43,900, and $48,300 respectively. If the price breaks these levels, it could potentially rise further to the next resistance levels at $46,600, $47,500, and $51,910 or even to the third resistance levels at $47,500, $49,300, and $59,700. The 1-day and 7-day RSI are at 40.86 and 70.52, indicating a slightly oversold condition on a daily basis but an overbought condition on a weekly basis. The 1-day and 7-day MACD are at -145.30 and 3996.50 respectively, suggesting a bearish scenario in the short term but a bullish scenario in the long term. In conclusion, the market data suggests a bearish scenario in the short term with potential for a rebound due to the oversold condition. However, the long term trend appears to be bullish. As always, these indicators should not be used in isolation and other market factors should also be considered. Please use this analysis responsibly and conduct your own research before making any investment decisions.
by MarsSignals
2