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Btcanalysis

Bitcoin Increase in the Coming Hours🧐🏃‍♂️Bitcoin is moving near the 🟡 Potential Reversal Zone(PRZ)($63,000-$61,800) 🟡,the lower line of the descending channel and 🟡 Time Reversal Zone(TRZ) 🟡. 🔔I expect Bitcoin to temporarily rise to at least the upper line of the descending channel and then the 🔴 Resistance zone($70,600-$68,400) 🔴. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
46
Should Bitcoin Bulls Be Concerned?In my previous analysis of BITSTAMP:BTCUSD , I expressed my expectation for Bitcoin to reach a new all-time high, which indeed occurred as the price broke above 70k and sustained that level for several days. However, following a brief test around 74k, the price began to decline and fell back below 70k. Now, a crucial question emerges: Is this a change in the bullish trend? In my view, it is not. Even though the current price of BTC sits at 65k, I interpret this as a normal correction rather than a reversal of the trend. Technically, the situation appears clear and uncomplicated: the trend remains strongly bullish. Even if the price were to drop to the 60-61k zone, I believe there should be no cause for concern, rather a good opportunity to buy. This zone represents a convergence of factors: the trendline, a horizontal level established after the initial ATH, and a psychological level. In conclusion, what we are witnessing is a typical correction. Even a drop to 60k, constituting a 20% decrease, should not unsettle anyone, given the robust bullish trajectory observed since November 2023. Best of luck! Mihai Iacob
BITSTAMP:BTCUSDLong
by Mihai_Iacob
18
BTC UPDATE (2H)According to the wave count and the fresh demand range, it is expected that if the price reaches the green range, it will be rejected upwards. If the price reaches the green area, we will look for buy/long positions in this area. The targets are clear on the chart. Closing a 4-hour candle below the invalidation level will violate the analysis Due to the dominance of altcoins, some of which are very bullish, it is possible that some altcoins will rise multiple times with the rise of Bitcoin. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
5
📉 BTC Correction Analysis 📉Current Status: BTC faced rejection near $73,000 and has initiated a corrective move, which is healthy after its rapid ascent in recent months. Key Support Levels: $65,000 $60,500 $56,500 Potential Scenario: This correction might unfold gradually over the next few weeks. Expect relief bounces amid the descent, during which altcoins could outperform BTC. 📊 Implications for Trading: BTC Trading: Watch for potential bounce opportunities at support levels. Altcoins: Altcoins may exhibit stronger performance during relief bounces. Risk Management: Exercise caution and adjust positions based on market dynamics. 🔍 Monitoring Approach: Stay vigilant for signs of market sentiment shifts and adjust trading strategies accordingly. Monitor BTC's behavior at key support levels and be prepared to act based on emerging patterns.
by Richtv_official
1
BUY BITCOIN MORE AFTER RETRACE TO 60K$ !!!HELLO TRADERS As i can see BTCUSD hit ATH and created a double top i am expected a weekly and month and daily its ATH now and in extreme Greed level now its good time to sell now till given buying levels and get minimum 9k pips on this trade... Friends we can buy BTC from given Strong support and hold till halving it can hit given Tps Grayscale Bitcoin Trust ETF ... Fidelity Wise Origin Bitcoin Fund ... ARK 21Shares Bitcoin ETF ... Invesco Galaxy Bitcoin ETF ... all are buying BTC for future Friends its just a trade idea share Ur thoughts with us Stay Tuned for more updates!
COINBASE:BTCUSDLong
by APEX_TRADING_ACADMEY
Bitcoin will Fall after🚨Bull Trap🚨🏃‍♂️Bitcoin is moving in the 🔴 Resistance zone($69,000_$65,000) 🔴. 📈From the point of view of Classic Technical Analysis , it seems that a Rising Wedge Pattern has been formed, although, at the same time, we seem to have witnessed a Bull Trap , and this Bull Trap caused a new All-Time High(ATH=$69,990) to be created for Bitcoin. 📚What is the 🐮Bull Trap🐮❗️❓ 🔸 After a minimal rise, the bull trap forms when analysts and traders expect the price to move upward, so traders open their long positions, hoping for the price to go up. However, that’s not the case. The price goes down, trapping those traders who thought otherwise. 🔸In this case, traders without correct stop losses suffer heavy losses. They are the so-called bull trap fallen. 🔔I expect Bitcoin to fall to at least one of the Fibonacci levels( after completing the pullback to the lower line of the Rising Wedge Pattern . ❗️⚠️Note⚠️❗️: If Bitcoin makes a new ATH again, the analysis will be failed. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
88
Bitcoin could continue its ascent to 67Last week was quite eventful for $BITSTAMP:BTCUSD. After breaking out of the two-week-long rectangle consolidation, the price surged, increasing by $10,000 in just a few days, or more notably, around 20%. However, after reaching a local high on Thursday, the price began consolidating recent gains and is adjusting to the $60,000 mark. The positive aspect for bulls is that this consolidation is forming a symmetrical triangle, which typically indicates a continuation pattern. The target for this pattern is the 67k zone. In conclusion, in my view, any dips should be considered opportunities for buying, and only if the price drops below 59K in terms of daily closing would this scenario be put on hold.
BITSTAMP:BTCUSDLong
by Mihai_Iacob
15
BTC – Weekly Perspective – 03/03 to 10/03BTC – Weekly Perspective – 03/03 to 10/03 We can say that BTC reached the expected region at 65K, as shown in the previous analysis. I know that this final climb to 65K did not come with the excitement I expected, which would be prices making a correction to the 40K range to continue their climb. For now, with the objective achieved, the question remains: Where will prices go? Will we have a 50% correction (up to 40K/42K) of the rise that started at 15.4K in the distant month of November 2022? If the answer is yes, we may have the formation of C&H, a typical strength pattern for any type of asset. What a thing, right? For the month of March, due to the force imposed by the bulls on the bears, it may be easier for prices to reach the final top region at 69K. Due to the steeper climb, the "tip" I give is the following; Whoever bought, maintain your position; If you didn't buy it, don't buy it again, simply wait for a correction; but, if you are persistent, and want to buy at any cost, prepare a stop of at least 40% (Lol), as crypto has reached a region of strong struggle in the long term. The C&H standard is incredible. Do your analysis and good business. Be aware, if you buy, use stop loss. See other graphical analyzes below
INDEX:BTCUSD
by MacD_Bollinger
🗺️Bitcoin Roadmap🗺️⏰(4-hour time frame)⏰😱Bitcoin surprised everyone in the last two days ( without any correction ) and increased by more than ➕25% . One of the biggest drivers of Bitcoin to increase again was MicroStrategy . 🏃‍♂️Bitcoin is currently moving at the 🟡 Potential Reversal Zone(PRZ) ($65,120_$56,300) 🟡and the Resistance line (we also saw the 🐮 Bull Trap 🐮). 🌊According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing wave 5 . 💡In general, the distance between the Price of Bitcoin and the SMA(100) has increased, and the correction can probably continue until the SMA(100) . 🏃‍♂️ Market Cap BTC Dominance% (BTC.D%) has entered the 🟡 Potential Reversal Zone(PRZ) 🟡, and I expect a correction to the Support line .👇 🔔I expect Bitcoin to decline to the 🟢 Support zone($57,580-$56,320) 🟢 and then attack the Support line . ❗️⚠️Note⚠️❗️ : So far, Bitcoin has not touched its All-Time High(ATH) before halving. Can Bitcoin touch $69,000 before Halving ❗️❓ ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
18
BITCOIN $BTCUSD - Feb. 13th, 2024BUY/LONG ZONE (GREEN): $46860 - $56275 DO NOT TRADE/DNT ZONE (WHITE): $42580 - $46860 SELL/SHORT ZONE (RED): $35550 - $42580 Overall the market has a bullish sentiment, price has recently broken above my previous buy zone so I decided to rechart new areas that I would look to enter at. Levels and zones are drawn from the daily and weekly timeframes. I threw a few of the recent events around structure that I would look directly towards for new information on where price is headed and around where to enter. There is a lot more ideas on a lot more timeframes, but this is what I immediately look towards. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
BITSTAMP:BTCUSDLong
by TonyAiello
BTCUSDT.1DBased on the provided market data, Bitcoin (BTC) is currently trading at $57,147 against USDT. In the 4-hour chart, the Relative Strength Index (RSI) is at 88.21, which is significantly above the 70 threshold, indicating that the asset is currently overbought. The Moving Average Convergence Divergence (MACD) is at 1330.0, indicating bullish momentum. However, the Bollinger Band (Bb4h) at 57346.0 suggests that BTC is nearing its upper limit. The resistance levels are at $57,500, $59,400, and $60,400, while the support levels are at $49,012, $48,000, and $45,900. On the daily chart, the RSI is at 87.16, still indicating overbought conditions. The MACD is at 2316.0, suggesting bullish momentum. The Bollinger Band (Bb1d) is at 57416.0, indicating that BTC is trading near its upper limit. Resistance levels are at $57,600, $64,000, and $65,300, while support levels are at $50,830, $41,419, and $36,600. Lastly, on the 7-day chart, the RSI is at 84.24, suggesting the asset is overbought. The MACD is at 5383.0, indicating strong bullish momentum. The Bollinger Band (Bb7d) is at 57500.0, which means BTC is trading near its upper limit. Resistance levels are at $64,200, $69,400, and $72,300, while support levels are at $42,250, $29,900, and $25,900. In conclusion, the market data suggests that BTC is currently overbought and trading near its upper limit across different time frames. This could indicate that a price correction might be imminent. However, the strong bullish momentum reflected in the MACD values across all time frames suggests that the upward trend might continue. Please note that this analysis is based on historical data and does not guarantee future performance. It is always recommended to do your own research before making any investment decisions.
by MarsSignals
2
🚧Bitcoin can GO DOWN by Rising Wedge Pattern🚧✅Bitcoin has managed to form a Rising Wedge Pattern near the 🔴 Resistance zone($52,820-$52,460) 🔴. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔After breaking the Support line , I expect Bitcoin to go Down to at least the 🟢 Support zone($50,840-$50,200) 🟢 in the next hour. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
37
Expanding Ending Diagonal Can Cause a Correction in Bitcoin🧐👋Hi everyone. 🚀Bitcoin continued its upward trend after a series of News and Joe Biden's strange Tweet (red eyes). 🏃‍♂️Bitcoin is moving near the upper reaches of the 🔴 Heavy Resistance zone($53,000-$47,000) 🔴, Resistance lines , and 🟡 Potential Reversal Zone(PRZ)($52,700-$51,780) 🟡. 🌊According to the Elliott wave theory, it seems that Bitcoin has chosen the Expanding Ending Diagonal Pattern to complete the fifth wave ( As long as Bitcoin cannot break the 🔴Heavy Resistance zone($53,000-$47,000)🔴, this wave count is valid. ). 📚The Expanding Ending Diagonal Pattern ( Elliot's point of view) is the same as the Ascending Broadening Wedge Pattern ( Classical Analysis point of view). ❗️⚠️Note⚠️❗️: If Bitcoin can touch $53,700, some corrective scenarios will expire, and we can expect Bitcoin to continue its upward trend to $56,000 in the coming days. 🔔I expect Bitcoin to go down to at least $50,000 , where the most volume trading has happened around this price in the past few days, and if Bitcoin can create a candle below $50,000 in the 4-hour time frame , we can expect a lower line of Expanding Ending Diagonal Pattern will break, and Bitcoin will fall even to the 🟢 Support zone($49,000-$47,000) 🟢. 📚 Elliott waves include a series of Rules and Guidelines that you can analyze and predict the road map of the price. In general, in the theory of Elliott waves, you are faced with several scenarios in which you should find the correct scenario with the help of other technical analysis tools and fundamental analysis and try to identify the correct scenario from the false scenario. ❤️In the end, here is some advice for you as a little brother: 🔸TradingView website has provided us with a suitable space to transfer our analysis, so it is better to use it and NOT waste our time on destruction or ugly comments. 🔸If you have any comments, please share them with respect . 🔸 No analysis is 100% , so if you use analysis as an investment, it is better to follow capital management and take responsibility for it yourself. 🔸I hope we can use TradingView to increase our capital and knowledge . ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
54
📉📈 BTC Price Analysis - Key Levels and Potential Scenarios! 📊📊 Technical Overview: BTC Price: Currently slightly beneath the $52,000 to $53,800 resistance zone. Anticipation: Price might stabilize or retrace to support levels. Support Levels: $47,000 - $48,000, minor support near $46,000. Upside Targets: $56,000, $58,000 upon turning resistance into support. 📉🚀 Trade Scenarios: Stabilization/Retracement: May stabilize or retrace to support. Support Turned Resistance: Watch for turning $52,000 - $53,800 into support. Upside Potential: Targets at $56,000, $58,000 if resistance turns support. 🔄📊 Note: Monitor price action for confirmation and adjust strategy accordingly. 📈💡 #BTC #Bitcoin #CryptoTrading 🚀📊
by Richtv_official