Get started

Btctrade

Predict Bitcoin's Price with "W" pattern from the 50 and 200 MA 50 MA in blue, 200 MA in green. There is a "W" pattern where the 50 MA also crosses under or over the 200 MA. It can be useful in short-term and long-term trading. If the pattern repeats itself, with your ruler you can see that there should be a correction for the next 2 months (according to the previous corrections in the bull run which are about the same length). It’s also interesting to look at how deep the second correction, or “V”, will go. In the W pattern of End 2019 (October) - Middle 2020 (May), the 2nd dip was deeper than the first and it resulted in a bull market. We could argue that it also happened back in July/August 2014 – October 2015. In the W pattern of Middle 2021 (May) - End 2021 (October), the second dip was higher than the first and it resulted in a bear market. We therefore have to wait to see if there will be a correction and how deep it will be, continue to use indicators, and find patterns.
BITFINEX:BTCUSDShort
by YanakTrading
BTCUSD: November 9 Technical Analysis of BTCThe rise in Bitcoin (BTC) has paused at $36,000, but bulls are not in a hurry to cash in. The number of long-term holders (addresses holding Bitcoin for at least 155 days) is close to an all-time high, while the number of short-term holders (addresses holding coins for less than 155 days) is currently at an all-time low, according to Glassnode analysis, indicating that the supply of Bitcoin is getting tighter. Although the long term appears promising, there may be difficulties in the near future. The open interest in the Bitcoin futures market has increased significantly, surpassing $16 billion as of this writing, based on statistics from CoinGlass. Contributor J.A. Maartunn of the on-chain analytics tool CryptoQuant emphasized on While the price of Bitcoin could drop
BINANCE:BTCUSDLong
by Chart_MasterPro
BTC's Bullish Run with Higher Lows Over the past few weeks, BTC has been showing remarkable strength and resilience, forming a series of higher lows on its chart. This trend signifies a significant shift in market sentiment, suggesting that the bulls are gaining momentum and taking control. It's a clear sign that the long-awaited bullish run we've been anticipating is finally upon us! Now, I know what you might be thinking - "Is this just another temporary surge?" But let me assure you, my friends, this time it feels different. The market sentiment is shifting, and we're witnessing a growing number of institutional investors and big players embracing Bitcoin as a legitimate asset class. This newfound confidence, combined with the recent regulatory developments and increased adoption, sets the stage for BTC to soar to new heights. So, what's the call-to-action here? It's simple - it's time to go long on BTC and ride this wave of opportunity! Don't let the fear of missing out (FOMO) get the best of you. Take a moment to analyze the charts, identify the entry points, and strategically position yourselves to benefit from this bullish trend. Remember, successful trading requires a combination of analysis, strategy, and a sprinkle of optimism. While we can't predict the future with certainty, the signs are pointing towards a promising journey ahead for Bitcoin. By taking calculated risks and staying informed, we can position ourselves to capitalize on the potential gains that lie within. So, my dear traders, let's embrace this bullish momentum with a smile on our faces and a positive outlook. It's time to seize the moment, trust in the power of BTC, and make the most of this exciting opportunity. If you have any questions, need assistance, or simply want to discuss the latest market trends, feel free to reach out by commenting below.
BITSTAMP:BTCUSD
by bryandowningqln
BTC SETUPSHi guys, Today I have BTC for you. Since last week btc has been trapped underneath a supply area and has not been able to break through it. In terms of short trades there is a supply area around 35607 level which could drive the price down should it get there. Then if you want to go long you have to wait for the price to get to the demand area at the bottom then after confirming it in lower time frame take a long trade. So as always wait for the price to get to either of these areas and take your trade accordingly. Be honorable.
by AliHassanzadeh
BTC Trade IdeaBitcoin BTC is currently overextended and trading into a key resistance level. Entering long at the current price would be at a premium and high risk in my opinion. I would be looking for a buy opportunity if this retraces down into the 61.8 fibo range. TP 2/3 off at 1:1 RR and this is in the $. My bias is bullish, however not at the current level. Your comments would be appreciated. Also, a big thank you to everyone who has been boosting my trade ideas, I am forever grateful.
OANDA:BTCUSDLong
by tradingwithanthony
7
In an unstable economic situation, BTCUSD is still growingAccording to Bernstein, Bitcoin's value doubled in 2023, a year of marked economic turmoil, marking the beginning of a new bullish cycle. Accelerators that could propel Bitcoin towards the $150,000 goal by mid-2025 include upcoming SEC-approved ETFs and Bitcoin halving scheduled for April 2024 . They argue that investors can respond to this trend through direct participation or high-beta methods. One of these methods is to favor Bitcoin mining companies that are expected to increase in value and can generate significant returns on investment. The possible approval of a Bitcoin-related ETF by the SEC could also act as a catalyst for crypto growth. This ETF provides retail and institutional investors with an accessible way to tap into the growing cryptocurrency market without having to directly purchase and store digital assets. Furthermore, the value of Bitcoin is expected to increase further due to the ``halving'' scheduled for April 2024. This event, which halved the reward for mining new blocks, effectively slowed down the rate at which new Bitcoins were created, causing historically large price increases.
BITSTAMP:BTCUSDLong
by AstronautPioneer
BTCThe global cryptocurrency market, valued at $1.33 trillion, saw overall growth of 0.46% last Wednesday, with altcoins gaining despite the value of Bitcoin falling slightly lower. $34,867.03 remaining. This is a significant divergence from Bitcoin's record high of $69,000 at the end of 2021. Total crypto market volume over the past 24 hours increased 3.40% to $40.05 billion, with DeFi and stablecoins contributing 4.68 billion USD and 35.23 billion USD respectively. Speculative demand appears to be shifting from Bitcoin to lesser-known digital assets, which have increased this month. Meme currencies Dogecoin and Shiba Inu are up 4.63% and 2.07%, respectively, boasting market capitalizations of $10.64 billion and $4.9 billion, respectively. Pepe Coin also saw a significant increase of 30%.
BINANCE:BTCUSDLong
by Willsonnnn
Ride the Bullish Wave! Long BTC and Reap the Rewards 🚀BTC (Bitcoin) has been performing remarkably well lately, staying consistently above the exponential moving average periods within the normal range of the commodity channel index. This is a strong indicator of a bullish trend and an excellent opportunity for you to capitalize on! It's time to unleash your trading prowess and take advantage of this upward momentum. Here's why you should consider going long on BTC: 1. Strong Technical Indicators: The fact that BTC is consistently staying above the exponential moving average periods is a clear sign that the cryptocurrency is gaining positive traction. This indicates a healthy market sentiment and suggests that a sustained upward trend is likely to continue. 2. Bullish Market Outlook: The normal range of the commodity channel index further confirms the bullish sentiment surrounding BTC. This range indicates a favorable environment for traders to benefit from potential price increases. 3. Potential for Lucrative Returns: By going long on BTC, you position yourself to potentially profit from the cryptocurrency's upward trajectory. As BTC continues to gain popularity and acceptance worldwide, the potential for significant returns on your investment is immense. Now that you're aware of the promising market conditions, it's time to seize the opportunity and take action. Here's what you can do to ride the bullish wave: 1. Conduct Thorough Research: Before making any trading decisions, ensure you conduct comprehensive research on BTC, its recent performance, and the factors driving its upward trend. This will help you make informed decisions and maximize your chances of success. 2. Establish a Solid Trading Strategy: Develop a well-defined trading strategy that aligns with your risk appetite and financial goals. Consider factors such as entry and exit points, stop-loss levels, and potential profit targets. Having a clear plan in place will help you navigate the market with confidence. 3. Monitor Market Conditions: Stay updated with the latest news and market trends related to BTC. Regularly analyze technical indicators and market sentiment to make informed adjustments to your trading strategy as needed. 4. Stay Disciplined: Emotions can sometimes cloud our judgment, leading to impulsive trading decisions. Remember to stay disciplined and stick to your trading plan. Avoid making hasty decisions based on short-term market fluctuations, and instead focus on the bigger picture. By adopting a positive mindset and taking advantage of the current market conditions, you're well on your way to potentially reaping significant profits from BTC. So, gear up, embrace the bullish wave, and let your trading journey be filled with joy and success! If you have any further questions or need assistance along the way, feel free to comment below. I'm here to support you in your trading endeavors.
BITSTAMP:BTCUSDLong
by bryandowningqln
The whales have sold off their holdingsThe BTC market continues to fall, but resistance still exists. From October 2022 to August 2023, the number of Indonesian cryptocurrency investors has never increased by more than 1%, reflecting the downward trend in the global cryptocurrency market. Furthermore, Bapebuti said that the virtual currency transaction value in Indonesia also decreased by 25.2% month-on-month in September 2023 and by 54.7% compared to the same period in 2022. Prior to this, at the end of July 2023, Indonesia's Ministry of Commerce coordinated with Bape Buti to open the first virtual currency exchange (CFX) in this Southeast Asian country to ensure people's safety. Trading cryptocurrency assets. According to Trade Minister Zulkifli Hassan, the launch of CFX reflects the Indonesian government's commitment to providing security to businesses and building a fair ecosystem for crypto asset trading. Zulkifli argued that the new exchange will also provide clear regulations to protect consumers and give them peace of mind when conducting cryptocurrency transactions, thereby contributing to the country's economy and trade.
CRYPTO:BTCUSDShort
by Chart_MasterPro
BTC Hovers at $34k - Proceed with CautionAs you may already be aware, BTC has been hovering around the $34,000 mark, which demands our utmost attention and caution. While the recent price movement may seem enticing, it is crucial to approach the situation with a prudent mindset. BTC's volatility has been well-documented, and it is essential to recognize the risks associated with trading in such a dynamic market. Therefore, I urge you all to trade BTC cautiously and consider the following points before making any decisions: 1. Conduct Thorough Research: Before entering any trade, ensure you have a solid understanding of the market trends, historical patterns, and potential catalysts that may impact BTC's price. Stay informed by following reliable sources and analyzing various perspectives. 2. Set Realistic Expectations: While it is natural to be optimistic about potential profits, it is equally important to set realistic expectations. BTC's price can fluctuate rapidly, and sudden downturns are not uncommon. Be prepared for both positive and negative outcomes. 3. Implement Risk Management Strategies: Protect your investments by employing effective risk management techniques. Diversify your portfolio, set stop-loss orders, and avoid investing more than you can afford to lose. Remember, preserving capital is equally important as generating profits. 4. Seek Professional Advice: If you are new to trading or feel uncertain about your strategies, it is advisable to consult with a financial advisor or seek guidance from experienced traders. Their insights and expertise can help you make informed decisions and navigate the market more effectively. In light of the above points, I would like to emphasize the importance of cautious trading during this period of BTC hovering around $34,000. While the potential for profit exists, it is crucial to approach the market with a level-headed mindset and a keen awareness of the associated risks. Please remember that the cryptocurrency market is highly volatile, and it is essential to trade responsibly and make informed decisions. Stay updated, exercise patience, and always prioritize risk management. Should you require any further assistance or have any specific questions, please do not hesitate to reach out via commenting below. We are here to help you navigate the market and ensure your trading experience is as secure and successful as possible. Start trading BTC cautiously today and safeguard your investments. Stay informed, implement risk management strategies, and seek professional advice when needed. Remember, responsible trading leads to long-term success.
BITSTAMP:BTCUSD
by bryandowningqln
BTC BITCOIN Technical Analysis And Trade IdeaIn this video, we dive into an extensive analysis of the BTCUSD pair, examining the prevailing bullish momentum observed in both the daily (1D) and weekly (1W) timeframes. Notably, Bitcoin (BTC) is nearing a critical resistance level, indicating the potential for an impending retracement. Throughout this discussion, we will explore the intricate aspects of technical analysis, including trading education on how to trade BTCUSDT effectively. As we progress through this video, we will not only provide a BTC price prediction but also deliver a Bitcoin today analysis with the aim to empower you with the insights required for trading crypto effectively. It is essential to underscore that the information presented here is intended solely for educational purposes and should not be regarded as financial advice. Engaging in the crypto market, such as trading BTC/USD, carries inherent risks, making it crucial to incorporate robust risk management strategies into your trading plan.
OANDA:BTCUSD
by tradingwithanthony
4
Bitcoin Surpasses $35K Amid ETF ExpectationsBitcoin has experienced a significant surge in both institutional and retail investor activity, stabilizing around $34,000 after reaching its highest value since May 2022, surpassing $35,000. This marks a substantial 107% increase since the beginning of the year, driven by anticipations regarding the launch of exchange-traded funds (ETFs) and rising safe-haven demand. Last week, Bitcoin transactions exceeded $100,000, often associated with 'whale' investors, reaching the year's high of $23,400. According to data from IntoTheBlock, this uptick coincided with Blackrock's (NYSE: BLK) ETF registration filing, likely fueling increased interest in Bitcoin among large investors and institutions. The U.S. Securities and Exchange Commission (SEC) plans to approve several spot ETFs next year. This development has the potential to propel Bitcoin's market value to $42,000 or even higher. Meanwhile, data from Deutsche Digital Assets indicates a growing trend in retail investor activity. The on-chain activity index for small entities reached a new yearly high of 1.5 last week, indicating increasing participation from small investors.
BITSTAMP:BTCUSD
by Gwen_Humuna