#BTC/USDT#BTC
The price is moving within a bullish channel pattern on a 30-minute frame, and the price is now at the lower border of the channel
Which supports the bullish assumption because the price is based on an upward trend and is moving within it
We have a higher stability moving average of 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward.
Entry price is 67,000 $
With a target at the upper border of the ascending channel 68600 $
Btctrading
Looking for Long at BTCI am closely monitoring the price as it approaches these two critical areas. The momentum appears to have exhausted at the major resistance level, suggesting a potential shift in trend (temporary). This observation is further supported by the convergence seen in both the MACD and RSI indicators. Additionally, it is noteworthy that the previous higher high occurred at an overbought level, reinforcing the likelihood of a forthcoming price correction.
BTC - 1h View of my ideaThe idea is that stop-loss are below these wicks
meaning liquidity to shift LTF momentum
also gaps / order blocks below which mean an imbalance
between buyers and sellers.
When it happen price should close above inside the previous blue OB
(625xx) to validate my price action theory.
BTC Bitcoin Technical Analysis and Trade Idea👉🔍In this video, we take a close look at BTC. Recently, it experienced a strong bullish rally, but it appears to be overextended and has reached a key resistance level. Given the overextended move and significant imbalances below, I'm looking for a sell opportunity at the current level.
In the video, I share my thoughts on price action, market structure, and the trend. Remember, this content is for educational purposes only and is not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies. 📊✅
BITCOIN ( SENSITIVE AREA ) ( 4H )BITCOIN
HELLO TRADERS
Tendency the price inside a sensitive area
TURNING LEVEL : a black line between resistance and support level around 59,222 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level
RESISTANCE LEVEL : there is a green line above turning level around 61,964, indicates selling have already increase this level , when you reach this level buyer have more supply for bitcoin
SUPPORT LEVEL : there is a red line below turning level around 56,702 , indicates buying have already increase this level , when you reach this level selling have more demand for bitcoin
PRICE MOVEMENT : the price trading a sensitive area , generally stabilizing below turning level , indicates the price has taken a bearish
SHORT CONDITION : the price trying to reach a turning level around 59,222 , before dropping to touch a support level at 56,702 , then breaking this level reach demand zone at 54,321
LONG CONDITION : after breaking a turning level by open 4h or 1h candle above 59,222 , the price it will attempt to reach a resistance level at 61,964 , then breaking this level reach a 64,179
TARGET LEVEL :
RESISTANCE LEVEL : 61,964, 64,179
SUPPORT LEVEL : 56,702 , 54,321
BTC Bitcoin Technical Analysis and Trade Idea 👉🔍 In this video, we analyze BTC Bitcoin. It's evident that BTC has been showing strong bearish momentum in recent times. However, considering today is Friday, I anticipate a potentially sharp retracement as big money wind up their trades for the week and hit stops for liquidity. My strategy involves monitoring the 3-5m chart for signs of sideways movement and a potential reversal, which could present a scalp/day trade buying opportunity targeting the previous bearish imbalance.
It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before considering any buying or selling decisions, as elaborated in the video. The video provides a comprehensive analysis of the current trend, market structure, and price dynamics. Remember, this educational content is designed to enhance understanding and does not guarantee outcomes. Trading inherently involves substantial risks, so employing robust risk management techniques is essential. 📈🔔
BTC Bitcoin Technical Analysis - What Is The Chart Telling Us?👉🔍 In this analysis of BTC Bitcoin, we examine higher time frame charts that show a bearish trend with a retracement into resistance. I anticipate a possible retrace given that the market is overextended and trading into support. It’s crucial to understand that this is speculative and not a guaranteed forecast. Watching for specific price movements to confirm a buy or sell is essential, as explained in the video. This video offers a detailed look at the trend, market structure, and price action. Keep in mind, this content is for educational purposes only, and trading carries significant risk. Always use robust risk management strategies in your trading practices. 📈🔔
A logarithmic look at the #Bitcoin monthly chart according to thAll the points drawn in the chart, all these numbers are based on the numbers of previous halvings and time analysis
This is a long-term analysis in the last months of 2026, i.e. November and December
Any upswing requires a price correction to continue the trend, which is well seen in Bitcoin, and my correction opinion is after hitting the new historical ceiling of the blue line.
This correction, which is after hitting the ceiling, will happen after the months of November 2025
If the numbers are done with a little up and down, I hope you will be satisfied with the analysis
I hope you can use this analysis in the long term and send it to your friends
BTC Bitcoin Technical Analysis and Trade Idea👉🔍 In this analysis of BTC Bitcoin, we examine higher time frame charts that show a bearish trend with a retracement into resistance. I anticipate a possible sell opportunity given that the market is overextended and trading into resistance. It’s crucial to understand that this is speculative and not a guaranteed forecast. Watching for specific price movements to confirm a buy or sell is essential, as explained in the video. This video offers a detailed look at the trend, market structure, and price action. Keep in mind, this content is for educational purposes only, and trading carries significant risk. Always use robust risk management strategies in your trading practices. 📈🔔
Important Weekly Update on Bitcoin.BTC Update in Weekly Timeframe.
Chart Analysis Date: June 27, 2024
Pair: BTC/USDT (Binance)
Timeframe: 1W (Weekly)
Current Price: $61,125.21
Analysis:
BTC/USDT is maintaining the $60k to $61k support range, which is crucial for continuing the bullish trend. A breach below this range could lead to increased selling pressure and a potential test of lower support levels of $44k to $47.5k.
Conversely, if BTC holds this support and bullish momentum resumes, we could see a move toward the channel's upper boundary, targeting prices near $100k within this year.
Key Observations:
~ Current Support: $60k to $61k.
~ Lower Support: $44k to $47.5k.
~ Price target by 2024: $100k.
Conclusion:
BTC must maintain the $60k to $61k support range to continue its bullish trend. A failure to hold this range may lead to a deeper correction.
Eventually, BTC will rally $100k soon.
If you find this post interesting then like, share, and comment.
Regards,
Team Dexter.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice.
#BTC #cryptocurrency
BTC 2week trading strategy May 27- June 10No-need to hurry to enter the market until current futures contract expiration date on the 30th of May (vertical orange line). Also summer is usually not the best period for breakouts due to holiday season.
Best-case:
BTC price breaks through 69650 intraday resistance level confirming continuation of a short-term trend which started on the 1st of may (short violet dotted line). This trend will continue going upwards to break ATH or at least it will be transformed into a range between 66450 and 70500 before breaking ATH.
Base-case:
There will be a deeper pull-back to 64500, as a consolidation before ATH break. Overall the decline will be temporary and not too deep to break the medium-term trend which started on the 11th of Sep 2023 (long violet dotted line).
Worst-case:
Deeper pull-back to the current key supoprt zone (green rectangle) which will confirm that short-term and medium-term trends are over and the longer consolidation will be needed to break ATH (similiar to summer 2023).
Trading strategy:
Stop-limit at 69650 for the best-case scenario.
however entering the market with 1/3 of max risk per trade
limiting exposure to the worst-case of price locking in medium-term range (56500-72500)
preserving flexibility to make another entry for base-case in case of a deeper pull-back to 64800, or after ATH break-out at a higher price.
in case of the worst-case confirmed, reconsider whether it's still reasonable to hold the trade
stop-loss below 50000 for a black-swan event to protect deposit from margin call. It is highly unlikely that this stop-loss will be trigerred accidently for the coming two weeks.
BTC Bitcoin Technical Analysis and Trade Idea📊 When we examine the daily and 4-hour charts for BTC Bitcoin, it’s evident that BTC is currently in a strong bearish trend. The price has been consistently moving downward.
I’m keeping an eye out for potential trade opportunities that align with a trend continuation strategy. In our video, we delve into essential aspects such as market structure, price action, and a specific strategy based on Fibonacci retracement levels.
Here’s a brief overview of what we cover:
📈 1: Market Structure: We analyze how Bitcoin’s price is behaving within the broader market context. Understanding market structure helps us identify key levels and potential turning points.
📈 2: Trend Analysis: By examining price movements, we determine whether the prevailing trend is likely to continue or reverse. In this case, we’re focusing on continuation.
📈 3:Fibonacci Retracement: Fibonacci levels provide valuable support and resistance zones. We look for potential entry points based on these levels.
Remember that the content in our video is purely educational. It’s essential to approach trading with caution and not consider it as financial advice. Always conduct your research and make informed decisions.
Whale Moves and Market Optimism: Potential Surge to $100,000Bitcoin continues to capture investors' attention with its price changes and large movements. Every rise and fall sparks more questions about its future and how it might affect the global economy.
Recently, Bitcoin was traded at a price of $65,715, experiencing a small increase of about 1% in the last 24 hours, which sparked some cautious optimism among cryptocurrency enthusiasts around the world.
This new confidence has been bolstered by the activity of major whales and long-term positive predictions. Some see this as an irreplaceable opportunity, while others warn against the danger of drifting behind illusions.
Bitcoin seems to be at a key point that could be a good chance to buy, based on current conditions and optimistic market predictions. The rise in activity from big investors and their large purchases of Bitcoin show they believe in the currency's future, which could signal positive market trends. Also, over 70% of all open Bitcoin positions on Binance are bullish.
A well-known crypto whale recently made headlines by buying 6,070 Bitcoin, worth about $395 million. This marks the whale's first major purchase in over 18 months. Renowned for strategic trading, this investor had previously acquired 41,000 Bitcoin during the 2022 market dip at an average price of $19,000 each.
In a smart move, the whale sold 37,000 Bitcoin during the market upturn in 2023 and 2024 for an average price of $46,800 each, earning a total of $1.74 billion and over $1 billion in profit. This recent purchase reflects the whale's renewed optimism in Bitcoin’s future, suggesting potential significant price increases ahead.
Due to recent activity and positive market predictions, Bitcoin seems to stand at an attractive buying point. The current support at the 100-day Exponential Moving Average and the lower edge of an ascending triangle pattern signals potential rises. It is expected that a bounce from these levels could soon push the Bitcoin price to $72,000, paving the way for a potential rise to $100,000 in the long term.
I expect the Bitcoin price to rise by 30% in July, potentially exceeding $85,000, although current technical indicators lean towards a bearish trend. Therefore, if you are considering investing in Bitcoin, now might be a good time to consider buying, especially if you can handle volatility and have a long-term perspective. It is advisable to regularly reevaluate positions and take advantage of any significant price movements to reap profits or adjust strategies.
Cautious Investment Strategies Amid Bitcoin Market VolatilityGiven the recent drop of Bitcoin below the $65,000 level, Bitcoin is currently experiencing downward pressure, with the price nearing critical support levels. In my view, these fluctuations suggest that the market may not be suitable for investors with a low risk tolerance.
First Support Level: $63,000 – This level is an important point to monitor market reactions. If stabilization occurs at this level, buying interest that can be leveraged may appear. Should the price break through this first support and reach $60,000, the market should be carefully evaluated for entry as this area might be a potential turning point for recovery.
This means that a gradual buying strategy can be implemented starting at $63,000 and increased if the price approaches $60,000, thereby enhancing the average entry price and reducing risks in the event of a sudden decline. Before buying, the anticipated risks should be identified and evaluated, and the market's readiness to receive lower price levels should be considered.
External considerations such as economic developments, policy updates, and geopolitical conditions can significantly impact the market. These factors should be taken into account before making a purchase decision.
Current analyses suggest a cautious approach to investing in Bitcoin. Investments should be carefully considered, focusing on support levels and using a gradual buying strategy to improve the average purchase price and minimize exposure to high volatility.
If you prefer to avoid high risks, it may be wise to wait until the market shows stronger signs of stability and recovery.
BTC Bitcoin Technical Analysis and Trade Idea👉 In this technical analysis and trade idea for BTC Bitcoin, we delve into the higher time frame charts which currently suggest a bearish outlook for BTC. Despite this, the price action hints at a potential reversal. It is crucial to understand that this is speculative and not a definitive prediction. We need to observe specific price movements to confirm a true reversal. The video covers an in-depth analysis of the trend, market structure, and price action. Please remember, this content is intended for educational purposes and trading involves substantial risk. Always prioritize robust risk management strategies in your trading decisions.
BTC going to 38.2 fibonatchi as ticket profit!
"I think it's the trend lines that drive Bitcoin's ups and downs. As you can see, on the four-hour timeframe, Bitcoin hit the trend line and started to rise again, coinciding with the Williams indicator signaling growth. It appears that the profit target is close to the 38.2% Fibonacci level, as indicated by the green trend line on the four-hour timeframe. Good luck!"