Get started

Btctrading

Bitcoin (BTC) Short SetupOKX:BTCUSDT.P Short 1W Rising wedge + Entrance 31745 = Exit 18475 I am interested in your opinion on this algorithm of actions deposit 20% of asset order 20% of deposit leverage ×20 cross margin take profit 25+-% of order stop loss 5+-% of order day loss 1% of deposit RR 1 to 5 Entry on negative news background + At negative mood of trendsetters + No nearby reports, speeches + Bearish chart and candlestick patterns + A pool of indicators signalling a downtrend #DYOR
CME:BTC1!Short
by FelixVexelman
Bitcoin Price Trend: Potential Upside Faces Resistance at 37,972Bitcoin is currently hovering near crucial support at $36,788 after breaking into an extended supply zone from $36,276 to $37,301. To sustain the upward trend, prices need a decisive move above this level and surpass the resistance at $37,972. Until then, Bitcoin's upward potential is under threat, with the Relative Strength Index (RSI) showing no change. The Awesome Oscillator (AO) also supports a subdued outlook, with its histogram bars in red, trending towards the middle line. If this continues, the AO might soon turn bearish. Increasing selling pressure could push Bitcoin below the $36,788 support, potentially testing the rising trendline support at $35,410. In a more severe scenario, the decline might extend to the psychological level of $34,000, while the Buyers' Strength Level (BSL on the chart) remains below. However, to confirm an extended downward trend, Bitcoin must break and close below the midline at $30,824 of the supply zone (currently acting as a trend-breaking tool) extending from $30,126 to $31,524. If this level fails to hold as support, BTC could slide towards $29,753.
BITSTAMP:BTCUSD
by Gwen_Humuna
1
BTC to drop 7% before it goes up againBitcoin (BTC) is currently on the cusp of a market adjustment, with projections suggesting a potential drop of approximately 7%. This anticipated decrease is seen as a part of the normal ebb and flow characteristic of the cryptocurrency market. Such fluctuations, while often unpredictable, are not unusual for digital currencies like Bitcoin, which are known for their volatility. This upcoming decline in BTC's value is expected to be a temporary phase, influenced by various market factors and investor sentiments. Despite the imminent drop, market analysts are optimistic about Bitcoin's recovery post-decline. Historically, Bitcoin has shown a remarkable ability to bounce back from dips, often achieving higher values post-recovery. This pattern suggests that the forthcoming decrease could present a valuable buying opportunity for investors. Those who purchase Bitcoin during this dip could potentially benefit from significant gains during the expected rebound. This strategy of buying low and selling high is a common practice among cryptocurrency investors, who capitalize on these market cycles. Looking ahead, the forecasted dip in Bitcoin's value is viewed as a short-term event in the broader context of its market trajectory. The cryptocurrency is expected to not only recover from the anticipated 7% drop but also potentially reach new heights. This optimistic outlook is based on Bitcoin's past performance and its growing acceptance and integration into mainstream financial systems. Investors who weather the temporary downturn and hold onto their assets are likely to see their patience rewarded as Bitcoin continues to evolve and gain traction in the global financial landscape.
BITSTAMP:BTCUSDShort
by TotoParasca
ADA to start growing faster than BTCCRYPTOCAP:ADA & BITSTAMP:BTCUSD The recent performance of ADA (Cardano) suggests it is a promising buy for investors. After a strong recovery from a support level of $0.23 on October 19, ADA experienced a significant rally, soaring by 65% to reach $0.40 by November 11. Although it's trading slightly below this peak, ADA is maintaining an upward trajectory, indicating potential for further growth. The currency seems poised to reach or even surpass its upper range near $0.42, which could represent a gain of around 16% from its current value. This pattern of recovery and growth makes ADA an attractive option for those looking to invest in the cryptocurrency market. COINBASE:BTCUSD
Long
by TotoParasca
Bitcoin Price Nears $35,000 Support Amidst Market Correction"The current Bitcoin price is trading at $35,536, officially confirming a correction in the downward trend. The convergence of Moving Average Convergence Divergence (MACD) indicators shows bars extending below the 0 line, and the MACD line moving below the signal line, signaling the intersection in the official downtrend. The intensifying downward trend causes altcoins to nearly drop below $35,500 before bouncing back above the crucial support level. However, this recovery may not be sustained in the upcoming trading sessions, potentially leading to a further decline in BTC value. The next major support level is the local support line at $33,901, which could push the Bitcoin price down to $31,507. Yet, if broader market signals attempt to bring optimism to the cryptocurrency space, BTC may escape the $33,901 support level to avert a crisis. Reclaiming $35,000 as support would weaken the bearish stance, propelling the cryptocurrency above $35,500 and targeting $40,000.
BITSTAMP:BTCUSD
by Gwen_Humuna
Bitcoin (BTC) Long SetupOKX:BTCUSDT.P Long On passing the 38950 level TR 1/4 46764 TR 1/4 48884 TR 1/4 58985 Interested in your opinion on this algorithm of actions Long deposit 20% of the asset order 20% of deposit leverage ×20 cross margin take profit 25+-% of order stop loss 5+-% of order de los 1% of deposit RR 1 to 5 Entry on positive news background + At positive trendsetters support + No nearby reports, speeches + Bullish chart and candlestick patterns + A pool of indicator indices signalling an uptrend #DYOR
Long
by FelixVexelman
2
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
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
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. This upswing in both institutional and retail investor involvement underscores the escalating interest in Bitcoin as it continues its upward trajectory. The anticipated approval of several spot ETFs next year could further stimulate this activity and potentially drive Bitcoin's market value to new heights.
BITSTAMP:BTCUSD
by Gwen_Humuna
BTCUSD:Bitcoin has soared nearly 27% this month, marking its bi Furthermore, many altcoins are following BTC according to data provider ByteTree’s Market Width Index. This indicator measures the number of digital assets increasing compared to the decreasing number of coins. Powered by CryptoCompare, the Market Width Index collects real-time data for over 5,300 digital currencies and categorizes tokens according to their trends on a scale of 1 to 5. A value of 5 means the coin is in a strong upward trend, and 0 means the coin is in a strong upward trend. A coin that is in a strong uptrend is in a strong downtrend. At the time of writing, only 4.7% of tokens are showing a significant bearish trend, the lowest level since January. This shows that the market breadth is expanding and more coins are participating in the Bitcoin bull market.
CRYPTO:BTCUSDLong
by Chart_MasterPro
BTC - 31/10/23It's quite a scenario to imagine, isn't it? 🐻 #Bitcoin seems to be showing signs similar to the 'Bull Trap' pattern we observed in late 2019/early 2020 🧐 👉 It's broken past the Echo Bubble Support line, deceived bears beneath the EMA50, and surged back to the former Support line, which now acts as Resistance. The unique aspect this time is that we're witnessing a new yearly peak. Back in 2020, an unexpected event (covid19) led to a rapid market downturn. ❓Wondering about the potential catalyst this time? The current situation in the Middle East seems volatile. It's wise to stay alert. For CRYPTOCAP:BTC to demonstrate its strong bullish stance, reclaiming the trendline is crucial, potentially aiming for the 40-45k mark. I'd advise against betting against #BTC right now; its momentum is commendable. Always be prudent and avoid getting caught up in the excitement.
BITSTAMP:BTCUSD
by mikey_s_trades
BTC future!Last week, Bitcoin transactions exceeding $100k, often associated with 'big' investors, reached a year-to-date high of 23,400. According to data from IntoTheBlock, this increased activity coincides with Blackrock (NYSE:{13078|BLK}}) filing for an ETF and is said to have increased interest in Bitcoin among large and small investors. organizations. The U.S. Securities and Exchange Commission (SEC) is expected to approve several spot ETFs next year. This development has the potential to push Bitcoin's market value to FWB:42K or more.
BINANCE:BTCUSDLong
by D-Venn