Get started

Btctrend

BTC Bitcoin Technical Analysis and Trade IdeaObserving the current dynamics of Bitcoin's price movement, we can see a clear uptrend on the 1D time frame. This trend becomes even more evident when we shift our focus to a 4H chart, revealing a compelling bullish trajectory characterized by successive higher highs and higher lows. Presently, Bitcoin has retraced to a strategically significant support level. In our video discussion, we thoroughly examined the prospect of a potential trade opportunity, conducting a comprehensive analysis of various elements including the prevailing trend, price action patterns, and the underlying market structure. It is imperative to emphasize that the content presented in the video is intended solely for educational purposes and should not be construed as financial advice. Our goal is to provide a detailed understanding of market dynamics, enabling viewers to make informed decisions within the realm of cryptocurrency trading.
COINBASE:BTCUSDLong
by fxtraderanthony
5
BTC 1H Comrades, Bitcoin is suffering between $28,500 and $27,150. This analysis is in a one-hour time frame and only gives you a view of a maximum of two days. Well, in this area, you can short in the upper areas and long in the lower areas with specific stops and targets Now, if one of the areas is broken, it can move in that direction. I think it will probably break above 60-70% and fall one time frame above the supply area. If you want not to trade in the opposite direction, be careful in taking short positions
by chzmahdi84110913
🟢BTC - Falling Wedge in Rising Channel"As you can see, Bitcoin is in a rising channel on the 4-hour timeframe, and now we can observe a Falling Wedge pattern. As you know, the Falling Wedge pattern is one of the bullish classic patterns that can push the price higher towards the top of the channel. However, don't forget that eventually, the rising pattern must break from the bottom of the channel, and the falling channel must break from the top. So, please pay attention to risk management.
by Chartimus
BTC Targets $30k as Long-Term Holders Hit Record!I've got some exhilarating news to share with you today that will surely get your adrenaline pumping. Brace yourselves, because Bitcoin (BTC) is on a rocket-fueled trajectory to hit an astounding target of $30,000! But that's not all – what makes this milestone even more remarkable is the surge in long-term holders that have propelled BTC to new heights. These steadfast believers in the power of Bitcoin have shattered records, demonstrating unwavering confidence in its potential for massive gains. Now, I know what you're thinking – "How can I get in on this action?" Well, my fellow traders, the time has come for us to seize this incredible opportunity and ride the Bitcoin wave to financial success! So, let's take a moment to appreciate the significance of this milestone. The fact that long-term holders are hitting record numbers is a testament to Bitcoin's resilience and the growing recognition of its value. It's a clear indication that the cryptocurrency market is evolving, and BTC is leading the way. Now, here's where the excitement truly kicks in – it's your chance to join the ranks of these visionary long-term holders and secure your spot in the Bitcoin revolution! By taking a long position on BTC, you position yourself to reap the rewards of its upward trajectory. If you've been waiting for the perfect moment to dive into the world of Bitcoin, this is it! Don't let this opportunity slip through your fingers. Embrace the excitement, embrace the potential, and let's embark on this thrilling journey together. Ready to take action? Here's what you need to do: 1. Conduct thorough research: Understand the fundamentals of Bitcoin and its potential for growth. Knowledge is power, and it will help you make informed decisions. 2. Choose a reliable trading platform: Find a trustworthy exchange that aligns with your trading style and offers the tools and security you need to execute your long positions. 3. Develop a strategic plan: Define your investment goals, set realistic targets, and establish a risk management strategy to protect your capital. 4. Execute your long positions: Once you've done your due diligence and are confident in your plan, take the plunge and enter the market. Remember, fortune favors the bold! 5. Stay informed and adapt: Keep a close eye on market trends, news, and any significant developments that may impact Bitcoin's trajectory. Be flexible and adjust your strategy accordingly. Remember, my fellow traders, the road to success is paved with excitement, determination, and calculated risks. BTC's target of $30,000 is within reach, and it's time for us to ride the wave of opportunity.
BITSTAMP:BTCUSDLong
by bryandowningqln
2
Where to from here on BTC part 2This is continuation of the Series of posts on Bitcoin, where I will look at where BTC price is headed in coming weeks and months. Link to first part is in the description. What you are looking in the is a Diamond, it's an extremely common pattern that appear repeatedly, at key inflection point, on all time frames, and this is by far the most accurate pattern that I have encountered in terms of measured move it produces on breakout. I find the results to be most accurate when I follow the following two rules when looking at a breakout of price from the diamond. A breakout is considered valid when at least one candle closes outside of the bounds of the diamond, with respect to the timeframe its drawn on. A breakout is only valid if it happens from the 4th Quadrant of the diamond as highlighted in the chart. The targets of this diamond are highlighted in the chart, to the upside it will hit close to 34K, to the downside around 20K. These targets are not the ultimate highs/lows, but usually this is where the next accumulation/distribution ranges are formed before making another move. Now let's look at some other examples of the diamonds that appeared in the past and played out perfectly. These are all on Daily time frame, if you know how to find them and draw them, they appear on all timeframes. The only thing is that you need to know how to draw diamonds accurately and how to anticipate an incoming diamond formation before it even forms. Please let me know in comments if that's something you want me to cover in another post, I will be happy to share.
BYBIT:BTCUSD.P
by zakoraio