$BTC Daily UpdateCRYPTOCAP:BTC #BTC Back on $66,323 support, put bullish engulfing on last 1D close, RSI on 1D and 4H looks good, expect $67,716-$68,546 test if followed thru. Next key support from here $64,344. Watch given S/R
Btctrade
Will BTC fall to 50,000?
Hello everyone.BTC technical analysis: Today, the daily level of the large cycle closed on the negative line yesterday, the K-line pattern continued to fall, the price continued to break downwards, and the indicator in the attached picture was dead cross downward and the volume was running. In this way, the current retracement The trend is still continuing, so at this time, everyone should not easily gain long orders. Following the trend is the king. In addition, when shorting, you should also pay attention to the risk of counter-drawing; the short-period hourly chart yesterday's European market fell below the previous level. The one-day low, the counter-draw correction, the second retracement under pressure today, the current price bottomed out and supported the rebound, and the trend of correction will still be followed during the day, but if the decline continues today, the price counter-draw cannot break the watershed position, so today BTC trading strategy: Sell at 65800-66000, stop loss at 66400 area, target 61500-61300 area
Will BTC continue to rise to 80,000?
BTC technical analysis: Today, the daily level of the large cycle closed on the negative line yesterday, the K-line pattern continued to fall, the price continued to break downwards, and the indicator in the attached picture was dead cross downward and the volume was running. In this way, the current retracement The trend is still continuing, so at this time, everyone should not easily gain long orders. Following the trend is the king. In addition, when shorting, you should also pay attention to the risk of counter-drawing; the short-period hourly chart yesterday's European market fell below the previous level. The one-day low, the counter-draw correction, the second retracement under pressure today, the current price bottomed out and supported the rebound, and the trend of correction will still be followed during the day, but if the decline continues today, the price counter-draw cannot break the watershed position, so today BTC trading strategy: Sell at 65800-66000, stop loss at 66400 area, target 61500-61300 area
BTC money making signals
Hello everyone.Today, the daily level of the big cycle closed with a small positive line yesterday. The K-line pattern is continuous yin and yang. The price is below the moving average. The indicator in the attached picture is running downward. There is still a need for a retracement of the current price. The low point is in the 64400 area. , the high point moving average resistance position is near the 70,000 area, which is the price range point of today's focus; the short-period hourly chart yesterday's European trading time prices slowly rose and rebounded, the US trading continued without breaking high, the price retreated under pressure in the early morning, and opened today The support has rebounded, and it is currently testing the high resistance position, so don’t worry today. It is better to wait for the rebound to come under pressure before entering the market. Therefore, today’s BTC trading strategy: counter-draw short in the 70000 area, stop loss 70700, and target 68000-65000.
BTC is under pressure and falling
Today, the daily level of the big cycle closed with a small positive line yesterday. The K-line pattern is continuous yin and yang. The price is below the moving average. The indicator in the attached picture is running downward. There is still a need for a retracement of the current price. The low point is in the 64400 area. , the high point moving average resistance position is near the 70,000 area, which is the price range point of today's focus; the short-period hourly chart yesterday's European trading time prices slowly rose and rebounded, the US trading continued without breaking high, the price retreated under pressure in the early morning, and opened today The support has rebounded, and it is currently testing the high resistance position, so don’t worry today. It is better to wait for the rebound to come under pressure before entering the market. Therefore, today’s BTC trading strategy: counter-draw short in the 70000 area, stop loss 70700, and target 68000-65000.
Bitcoin's Journey: Navigating Market Volatility and Emerging TreGreetings, crypto enthusiasts!
In the ever-evolving realm of digital finance, Bitcoin continues its remarkable journey, navigating through market volatility and embracing emerging trends. Let's delve into the latest developments shaping the world of cryptocurrency.
Despite recent fluctuations, Bitcoin's resilience remains evident as it maintains its position as the leading digital asset. With prices stabilizing around , investors are keenly observing key support and resistance levels, anticipating the next significant move.
The cryptocurrency market has witnessed increased institutional interest, with major companies and financial institutions integrating Bitcoin into their portfolios. This institutional adoption signals growing mainstream acceptance and strengthens Bitcoin's role as a legitimate asset class.
Moreover, regulatory developments continue to influence Bitcoin's trajectory. From regulatory clarity to government crackdowns, the regulatory landscape shapes investor sentiment and market dynamics. As countries explore digital currency initiatives and regulatory frameworks, Bitcoin's status as a decentralized alternative to traditional currencies gains prominence.
Amidst these developments, technological advancements drive innovation within the Bitcoin ecosystem. Lightning Network upgrades, Taproot protocol implementation, and scalability solutions enhance Bitcoin's functionality and usability, fostering its evolution as a global digital currency.
Looking ahead, Bitcoin's journey remains dynamic and unpredictable. Market sentiment, regulatory shifts, and technological breakthroughs will continue to shape its trajectory, presenting both challenges and opportunities for investors and enthusiasts alike.
As we navigate the complexities of the digital age, Bitcoin stands as a beacon of financial sovereignty and innovation, reshaping the future of finance one block at a time.
Stay tuned for more updates on Bitcoin's fascinating journey!
BTC increased sharplyBitcoin's relentless rally remains unabated as it inches closer to a crucial resistance level, stirring excitement and caution among investors.
Over the past week, Bitcoin has demonstrated remarkable resilience, defying market expectations and surging to new heights. The cryptocurrency's price soared, fueled by growing institutional interest, mainstream adoption, and favorable regulatory developments.
However, as Bitcoin approaches a significant resistance level, currently hovering around $80,000, analysts warn of potential price volatility and market turbulence. This level has historically posed a formidable barrier for Bitcoin's upward momentum, prompting cautious optimism among traders.
Despite the looming resistance, bullish sentiment prevails within the Bitcoin community, with many anticipating a breakthrough beyond the $80,000 mark. Factors such as increasing institutional investment, limited supply, and growing retail interest continue to underpin Bitcoin's upward trajectory.
Nevertheless, investors are advised to exercise caution and closely monitor market developments as Bitcoin navigates this critical juncture. While the prospect of further gains remains tantalizing, prudent risk management strategies are essential to navigate the inherent volatility of the cryptocurrency market.
In conclusion, Bitcoin's ascent towards the $80,000 resistance level signifies both optimism and uncertainty within the cryptocurrency landscape. As Bitcoin enthusiasts eagerly await the outcome, the broader market braces for potential price movements that could shape the trajectory of digital assets in the weeks ahead.
Bitcoin: Pioneering the Future of Digital CurrencyBitcoin, the pioneering cryptocurrency, has revolutionized the way we perceive and transact value in the digital age. Since its inception, Bitcoin has garnered global attention and sparked a wave of innovation in the financial world.
As the first decentralized digital currency, Bitcoin operates on a peer-to-peer network, enabling secure and borderless transactions without the need for intermediaries. Its blockchain technology ensures transparency and immutability, making it resistant to censorship and fraud.
Bitcoin's limited supply and deflationary nature have imbued it with intrinsic value, leading to its emergence as a store of wealth and hedge against inflation. Investors and institutions alike have embraced Bitcoin as a portfolio diversifier and alternative asset class.
Moreover, Bitcoin has catalyzed the development of a vibrant ecosystem of cryptocurrencies and blockchain-based applications. Its open-source nature has paved the way for countless innovations, ranging from decentralized finance (DeFi) to non-fungible tokens (NFTs).
Despite facing volatility and regulatory scrutiny, Bitcoin continues to gain mainstream acceptance and adoption. Major corporations and institutional investors have allocated capital to Bitcoin, recognizing its potential as a long-term store of value and digital gold.
As Bitcoin continues to evolve, its impact on the global financial landscape grows ever more profound. It represents not just a currency, but a paradigm shift towards decentralization, financial sovereignty, and democratized access to financial services.
In the journey towards a decentralized future, Bitcoin stands as a beacon of innovation and empowerment, paving the way for a more inclusive and equitable financial system.
The correction phase of Bitcoin after Bullrun. My plan of actionMy strategy is in the Bitcoin price correction phase after the euphoric bull run amid the adoption of Bitcoin ETFs. In a calm news environment on the stock market, I expect to see a rebound from the 0.382 level, in this area there is a GAP in prices and an imbalance in the same area. Given the tense situation in the economic space, I expect a breakout of 0.5 Fib level.
BTC increasedIn the ever-evolving landscape of finance, one digital asset has risen to prominence, capturing the imagination of investors worldwide: Bitcoin. As the pioneer of cryptocurrencies, Bitcoin has sparked a revolution, reshaping traditional notions of currency and investment.
With its decentralized nature and revolutionary blockchain technology, Bitcoin stands as a symbol of financial liberation, offering individuals unprecedented control over their wealth and transactions. Yet, amidst the promise of newfound freedom, the cryptocurrency market remains a realm of both opportunity and uncertainty.
Navigating the twists and turns of the Bitcoin market requires a keen understanding of its unique dynamics. From the volatility of price fluctuations to the intricacies of blockchain technology, investors must tread cautiously, armed with knowledge and strategic foresight.
As Bitcoin continues to carve its place in the financial landscape, opportunities abound for those willing to venture into the realm of digital assets. Whether it's exploring innovative investment strategies or harnessing the power of blockchain technology for real-world applications, the potential for growth and innovation knows no bounds.
However, with great opportunity comes great risk. The volatile nature of the cryptocurrency market demands vigilance and discipline, as fortunes can be made or lost in the blink of an eye. Amidst the excitement and speculation, it's essential for investors to remain grounded, making informed decisions based on thorough research and analysis.
In the midst of a rapidly changing financial landscape, Bitcoin remains a beacon of hope and possibility. As pioneers in this digital frontier, investors have the opportunity to shape the future of finance, embracing the transformative power of cryptocurrency with courage and conviction.
As Bitcoin continues to capture the imagination of investors around the world, one thing remains clear: the journey is just beginning. With each new twist and turn, the cryptocurrency frontier offers fresh opportunities for growth, innovation, and financial freedom.
Bitcoin: Riding the Wave of Digital RevolutionIn the fast-paced world of digital finance, Bitcoin stands tall as a symbol of innovation and decentralization, reshaping the way we perceive and transact value. Its meteoric rise and resilience amidst market fluctuations underscore its growing influence in the global economy. With each passing day, Bitcoin continues to redefine the boundaries of traditional finance, offering individuals greater autonomy over their financial assets. As the digital revolution unfolds, Bitcoin remains at the forefront, driving conversations and inspiring countless innovations. In the saga of financial evolution, Bitcoin's journey is one of relentless progress and boundless possibilities.
BTC Level of interestI wasn't posting updates on BTC because i was waiting the price to stabilize. I am still holding my short trades with an average entry price of $61.000 USDT. Finally BTC is slowly retracing, and this is good. Slow retrace are important after a strong bull run. I have only two levels of interest here: $56.000 and $52.500. I expect the price to get there and probably bounce back. Invalidation clean break below $50.000
#BTC LONG SOON 76K Yellow lines are supports, bullish pattern, 76k is the price that if BTC pass it we can see higher prices!!!
PUMP SOON!!
BINANCE:BTCUSD
BITSTAMP:BTCUSD
Active BTC.USD Weekly outlook. 3rd WK MAR 2024 (FREE SAMPLE)Active BTC.USD Weekly outlook. 3rd WK MAR 2024 (FREE SAMPLE)
> BULLISH 📈
Closed Price: 71,439
Target Price: 73,603
Upper Range: 80,268
Lower Range: 66,939
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 Daily UpdateCRYPTOCAP:BTC #BTC $73,523 highest resistance yet, currently back in previous key areas, $68,546 resistance testing, RSI on 4H and 1D looks good, current daily forming bullish pin bar, key support at $66,961 as of now, halving is almost here! Let's Go!!!!🔥🔥🚀😎
$BTC Linear Regression Analysis$BTC:1D (1 year look-back period)
CRYPTOCAP:BTC currently hovering around its linear mean price point of 45.6K in anticipation of SEC approval or delay tomorrow.
Current linear range at standard deviation up and down is roughly 50.9K to 40.5K. Pearson’s R^2 is extremely high at 0.96, implying a high tendency for price to centralize around the linear mean.
The upward trend from October has been extremely strong. It should be noted that maintaining trend strength at these elevated levels of Pearson’s R^2 for any extended periods of time (6 months or more) is highly unlikely.
Bearish price to RSI divergence is present (yellow lines) and would require a move above 83 on the 1D RSI to invalidate.
At a minimum a move down to the 38K region over the course of the next few weeks seems like a very reasonable proposal. This assumes that price has baked in the ETF approval and that a rejection/delay by the SEC could portend even further downside risk which could eventually place enough pressure on the above linear regression channel to either weaken it significantly or, in the event of a hard selloff, to shatter it completely.
Not financial advice.
BTC/USDTBitcoin Correction
here is my simple idea and analysis
NFA !
thank you for sharing your opinion
BTC is only correcting BTC is currently just correcting, it makes sense seeing as the bullrun is actually yet to happen
I would be looking very closely at this level
I'm not a financial advisor I just love to trade
#BTCUSDT
#BTCUSDT
Potential Deep Correction Looms
Following a significant surge, Bitcoin has undergone a dramatic decline, signaling a possible deep corrective wave. This sharp fall has engulfed several candles, suggesting strong selling pressure.
The presence of a valid and robust bearish engulfing candlestick pattern (CH) further reinforces this potential correction. Additionally, two significant Fair Value Gaps (FVGs) reside at the bottom, acting like magnets, potentially attracting the price downward.
The analysis identifies short-term Take Profit (TP) targets. However, its validity ceases once a daily candle closes above the supply zone.
Therefore, traders should only consider sell or short positions within the established supply range
Btcusd trade idea traders BTCUSD price is ready to fly
My dear subscribers
My technical analysis is for BTCUSD is going to fly
The price is coming around a solid key
Level 68250
Target 76000
Bis_ Bullish
Technical indicators Pivot point low
anticipates a potential price reversal
Super trend shows a clear buy giving a
Perfect indicators convergence perfect
Indicators convergence
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!
BTC crossed ATH, whats next ?BTC /USDT
BTC has crossed the previous ATH as per my previous anlaysis since 50K (see in attachment below) with new all time high price recording today +71K !
Whats Next ?
Well, in all BTC history we had 3 mega bull run
2013-2017-2021
and since BTC was very primitive at 2013 the logical comparison here is 2017 -2021
In 2017 Bullrun :
BTC made a new ATH then made flash crash and dropped below the previous ATH once again before the bullrun started
In 2021 Bullrun :
after BTC crossed its previous ATH the price didn't drop below it and strong bull run has started directly
in my chart above you can see both fractal ,,
which one has higher chance here ? share your opinion in comment section below
