Get started

Btctechnicalanalysis

Bitcoin Price UpdateBTC Update: BTC is at a crucial point of resistance. Although it bounced back from $56.5k, the danger is not yet over. The 35 EMA stands as resistance for now, and if it breaks out, then $70k could be possible. On the other hand, a rejection will likely fold the price back to $58k-$60k. In conclusion, the daily close above the 35 EMA will be a great move, and the daily close below it will continue the selling pressure. This content is for educational purposes and not financial advice. So, do your research before making any decisions. Trade safely.
by Dexter_The_Trader
BITCOIN USDBitcoin has been ranging between 60,000$ and 72,000$ for a month, in "Long" position (From now until the next three months) In the first scenario, if the $60,000 resistance is broken, it will fall to at least $40,000 to $44,000. In the second scenario, if the $73,000 support line is crossed, it will rise to at least $95,000 to $100,000. Currently, the best price to enter is $60,000 to $63,500 and in case of breaking the resistance line, the best price to enter is $40,000 to $44,000
BITSTAMP:BTCUSD
by WOLF_OK
2
Bitcoin Weekly Analysis Here's the corrected version: BTC continues to lead in this bullish market, reaching a new all-time high. Initially, we anticipated the price to target $75,000 as an algorithmic prediction, but it fell short and stopped at $73,800, likely trapping buyers who had set psychological targets for $75,000 and $80,000. The drop in BTC is healthy after the significant gains we've witnessed in this bullish trend. It seems BTC is taking a breather, with buyers who entered around $15,000 and $30,000 now taking profits to accumulate at better prices. Following the halving, predicting BTC's behavior becomes more uncertain, but historical data suggests BTC tends to reach new highs after halving events. From a technical analysis standpoint, we identify a sweet spot for accumulating BTC between $47,000 and $39,000. Breaking above $52,000 and closing above it on a weekly basis would likely propel the price to $47,000 and $42,000. In terms of market dynamics, we have significant funds from the USA, and now China is also getting involved. This suggests that BTC is unlikely to drop to low prices like last time. Best of luck to everyone, and I'll provide updates if I observe any changes in the analysis.
COINBASE:BTCUSD
by Deotrade1
BTC (Bitcoin) Technical Analysis and Trade Idea Upon analyzing Bitcoin (BTC), we observe a persistent downtrend. Notably, the price has recently entered a crucial support zone and experienced a retracement, potentially presenting a sell opportunity. In our video, we delve into various aspects of technical analysis, including trends, price action, and market structure. It is essential to emphasize that the content provided is solely my opinion for educational purposes. It should not be interpreted as financial advice. Trading inherently carries risks, and prudent risk management practices are paramount.
BINANCE:BTCUSDShort
by fxtraderanthony
BTC Bitcoin Technical Analysis and Trade IdeaBitcoin has exhibited a bullish trend, prompting us to seek a potential buy opportunity. Presently, it has retraced to approximately 50% of the previous price swing on a 4-hour time frame. In our video analysis, we delve into trend dynamics, price action, and market structure, emphasizing key aspects of technical analysis. It is essential to note that this trade idea represents my personal opinion and should not be construed as financial advice.
BINANCE:BTCUSDLong
by fxtraderanthony
2
BTCUSDT Short trading ideaOKX:BTCUSDT.P Short trading idea = Head and shoulders + Rising wedge + Fibonacci retracement 0.618 + Fibonacci retracement 0.786 + Retest level 30000 = Enter 61175 = Exit 53921 + 47241 + 31047 I am interested in your opinion on this algorithm of actions deposit 20% of the asset order 20% of deposit shoulder ×20 cross margin take profit 25+-% of the order stop loss 5+-% of the order day loss 1% of deposit RR 1 to 5 Short position Enter against a negative news background + When trendsetters are in a negative mood + No upcoming reports, speeches + Bearish chart and candlestick patterns + A pool of indicators signals a downtrend #DYOR
Short
by FelixVexelman