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$BTC is showing positive signs. CRYPTOCAP:BTC remains in a massive consolidation pattern due to the ETF pump, which overheated the market on the 1W timeframe. The MACD has reset, and we are currently in a downtrend. However, the chart indicates that we may have reached the bottom at 48k, and we’re starting to see higher lows. The MACD also shows the potential for a cross at 0, which could signal a reversal within 2 to 4 weeks. A new rising pattern is emerging, which could be the foundation for an uptrend reversal. If the MACD fails to cross at 0, consolidation may continue for another month or two, causing further pain for altcoins. That said, we also observe a bullish divergence forming, which is another positive signal. Additionally, USDT dominance is at resistance and could be rejected. In summary: - Possible MACD 1W cross and reversal - Emergence of a rising channel pattern - USDT dominance at resistance - RSI in oversold territory These signs suggest that the market has cooled down and may be ready to resume its upward progress.
by CryptoNikkoid
2
$IBIT Gap Filled As Forecast (New Leading Bitcoin Indicator?)Proof that this works? So far it's 100% accurate. Every single 'Gap' on the NASDAQ:IBIT 4-Hour chart has filled. Refer back to my prior videos showing this, and while this does NOT mean it will continue to work forever... It's certainly a curious anomoly. And likely works based on the same principals as the CME gaps which typically fill 99% of the time (There's still an unfilled gap on the Bitcoin CME at $9750 as I recall). But who's counting. Going forward, I'll be using this as an additional guide to where price may be heading and potentially reversing to, before resuming trent. Like and share this with your other trader friends, as this has been very interesting to monitor!
NASDAQ:IBITShort
by BrettFogle
1
Long on BTC/USDT – 4H TimeframeWe have entered a long position on BTC/USDT on the 4-hour timeframe after the trade was triggered at a key support level. The strategy is to leverage this 4-hour support zone with the goal of targeting the previous high. We will be actively monitoring this trade and making adjustments as the price action unfolds. Key Levels: • Entry: Initiated at the current support level on the 4-hour chart, where buyers have historically stepped in. • Target: Aiming for a move towards the previous high, where the price may encounter resistance. • Stop-Loss: Placed below the support level to protect against further downside risk, ensuring a favorable risk-to-reward ratio. Rationale: This trade is based on the assumption that the 4-hour support will hold, providing a springboard for a move back towards the previous high. The technical setup aligns with a potential bullish reversal, but we remain cautious given the market’s volatility. Risk Management: We will be actively monitoring this position, ready to adjust stop-loss levels and take partial profits as the trade progresses. The focus is on managing risk effectively while capitalizing on the potential upside. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Long
by AR33_
3
#Bitcoin 1D chart updated;CRYPTOCAP:BTC 1D chart; Let's do a general #Bitcoin analysis; Bitcoin hasn't had a daily EMA (50-200) crossover in a little over 11 months. However, if it continues like this, it will experience a Dead Cross cross in a few days. This can also be interpreted as a bearish signal. This intersection does not mean that it will fall 100%, but it is one of the strong signals. Bitcoin continues its downtrend after its historic peak, making continuous lower highs. I would like to draw your attention to the MSS levels; they signal a trend reversal. The last upward trend reversal happened and it hasn't changed to the downside yet. For this to happen, a close below the +OB level of $56000 is required. Then the downside MSS will take place. Following this closely will give you an idea of the possible trend direction. It last tested the $49000 level with a hard pin. This is the OB resistance. We see that this area is working well. I still think that the $48000 level, which I have mentioned every time (unless there is no contrary data), can be retested. However, if there is a close below it, the OB at $42000 and the BPR (Balance Price Range) at $41000, just below it, could be tested. These are not possibilities that I expect, I just want to let you know that these levels exist. In a possible dire scenario, these levels can be targeted to determine entry points.
by ugurtash
140 Days into the 2024 Post-Halving for $BTCWe have 47 days until the new CRYPTOCAP:BTC ATH. Watch for pressure driving the price down as there is a high potential to retest the $50-52k range within the next 9-10 days. Avoid capitulation if possible. Historically, the parabolic phase of this cycle will start within the next 4-5 weeks. ---------- Key Notes: - Holiday Prediction Levels - Halloween | 2024 | GETTEX:82K Thanksgiving | 2024 | $105k Christmas | 2024 | $142k New Years Day | 2025 | $185k - 500 D ATH Prediction Levels - Bear | $110k Base | $200k Bull | $314k - 280 D ATH Prediction Level - Realist | $148k ---------- Prediction indicators based on historical data from the 3rd Post-Halving cycle. Institutional, Micro, Macro and Seasonal economic pressures from either direction could blow this off course. I am hopeful the pending September 2024 Fed Rate cut will move the new ATH up by 10-15 days and result in a higher retest low before going parabolic. ---------- Indicator used is LuxAlgo's historical price prediction indicator, Date is 9/5/20 used on a daily chart with a growth factor of (1). The BLUE trend line is traced over the 2020/2021 parabolic phase of the 3rd bull cycle.
COINBASE:BTCUSDLong
by RILOBUYLOW
2
#BTC/USDT Bounce Incoming! Futures Trade Setup!#Bitcoin : 10/10 So far! Bounce seems highly likely at this level. RSI Bullish divergence in the hourly chart. But of course, no one knows for certain in this kind of market! Invalidation:- Daily close below $54018.18! If you're looking for a swing Trade, $54890 to 56150 is a good range to accumulate long on spot! Futures Setup Here:- There's a higher chance of this setup getting invalidated if we lose 55500 again so be careful to try to keep your entry as low as possible to keep your Stop Loss small. Always use leverage below 5x! Entry:- $56150, (50% entry) $55700, (20% Entry) $54890 (30% Entry) Targets:- $57155 $57855 $58200 $59544 Stop Loss:- $53854 This is a risky trade so always do your research this is not financial advice. Do hit the like button if you want me to post more! Thank you PEACE
Long
by Cryptorphic
2
BITCOIN PARABOLIC PHASE INCOMING ‼️ BITCOIN PARABOLIC PHASE INCOMING ‼️ Confirmed $100k CRYPTOCAP:BTC by 2025. If TVC:GOLD walks away from this new ATH... It would confirm there is enough correlation to look further into a 49 month clock in the #GOLD & #Bitcoin Bull-Cycle. Theory is... #GOLD will start it's parabolic phase of its bull cycle, lasting 6 months and reaching a new ATH. There will be a 2 month "break" between both assets, sideways or slightly down. After the 2 month break, #Bitcoin will start it's parabolic phase of its bull cycle, also lasting 6 months. The two assets will go sideways and do their thing for 35 months before the 14 month parabolic dance starts all over. Cycle 1⃣: 02/01/2020 | TVC:GOLD | $1,587 08/01/2020 | TVC:GOLD | $2,049 +29% Change 10/01/2020 | CRYPTOCAP:BTC | $10,555 04/01/2021 | CRYPTOCAP:BTC | $58,732 +456% Change Cycle 2⃣: 03/01/24 | TVC:GOLD | $2,004 09/01/24 | TVC:GOLD | $2,555 +27% Change 11/01/24 | CRYPTOCAP:BTC | TBD 05/01/25 | CRYPTOCAP:BTC | TBD TBD% Change The TVC:GOLD trend lines match during the 6 month parabolic phases. 46 degree trend on the daily, both cycles. -31 degree trend on the daily, 8 months after ATH. ...If History repeats itself... CRYPTOCAP:BTC should stay sideways or down for the next 55 days. Most likely a fake-out pump coming from the pending Fed Rate cut this month. We should stay below FWB:65K based on the price action around the Jackson Hole speech. We would only need an 88% increase this phase for CRYPTOCAP:BTC to reach $100k. This is a small ask, considering the previous post-halving cycles. If it follows the same trend line up this cycle we could see $305k next April. As nice as that sounds, it is not very likely we will see a 456% gain this cycle.
COINBASE:BTCUSDLong
by RILOBUYLOW
2
BTC Daily - Key Levels for Bulls and BearsOn the daily timeframe, we’re closely monitoring Bitcoin at pivotal levels. A **green line** indicates a strong buy opportunity where bullish pressure might emerge. Meanwhile, a **red line** marks a critical sell zone, where bears most probably would step in to push the price down. These levels are essential for planning both long and short positions, providing clear signals for potential moves in either direction. Feel free to drop a comment, boost this post if it helps, and hit that follow button for more trading ideas and insights!
BINANCE:BTCUSD
by Remora_traders
#BTC/USDT Urgent Update!### BTC/USDT Technical Analysis (1D) **Overview:** Bitcoin is trading below the 50, 100, and 200 EMAs, within a descending channel, indicating a bearish trend. A break above these EMAs could trigger bullish price action. **Key Points:** - **Resistance:** $61,802 (channel top), $60,364. - **Support:** $54018, 47,710, $43,882. - **Invalidation Level:** $54,018 (daily close below). **Scenarios:** 1. **Bullish:** Break above EMAs and channel top could target $68,000. 2. **Bearish:** Failure to break above EMAs and a close below $54,018 may lead to a drop towards $47,710 or lower. **Conclusion:** I think the price must break soon in the next few weeks, likely following our scenario with the blue forecast lines. Watch for a breakout above the EMAs for bullish potential; otherwise, expect further downside within the channel. Do let me know what you think in the comments section and please hit the like button. Thank you #PEACE
by Cryptorphic
BTC BITCOIN Technical Analysis and Trade Idea👀 👉 In this video, we explore BTC, which has recently exhibited bearish momentum with a break of structure on the 4-hour time frame. The pair has pulled back and is now retracing into a critical resistance level. I see potential for further downside and am closely monitoring whether the price holds below the current range low. If a breakout occurs, I plan to enter a sell position, as explained in the video. However, if the price action doesn't align with the discussed setup, there will be no trade. It's essential to understand that these insights are speculative and not guaranteed predictions. Confirming specific price actions before entering any trades is crucial, as emphasised in the video. The analysis offers an in-depth look at the current trend, market structure, and price behaviour. Remember, this content is for educational purposes and does not guarantee success. Trading involves significant risks, so always implement strong risk management strategies. 📈✅
FOREXCOM:BTCUSDShort
by fxtraderanthony
2
BTC updateThe current monthly candle appears neutral. It is likely to test the 0.618 and 0.5 Fibonacci retracement levels of that candle, which are around the 55k mark. Following this, we could see a range forming, with the range high around 60k. Despite the monthly close, there is still no clear trend on the higher time frame. We can expect more choppiness and sideways movement. I am working on identifying dates when the market sentiment might turn positive and will share them once I have more clarity. Looking at Line chart we should bottom between 0.236-0.382. Max drawdown is 54k
by GoldenTrades_
BTC Update in a Daily TimeframeIn the daily timeframe, BTC appears bearish. It failed to reach the resistance trendline and was rejected after hitting $65k. The price in the hourly timeframe shows some support, but without sufficient inflow, this support may not hold. In this chart, BTC is caught between support and resistance, and given the current market scenario, the price is leaning more toward the bearish side. The support trendline around $52.5k will be crucial if BTC drops further. Be cautious and do thorough research before investing. If you're using leverage, make sure to set a stop loss. Trade safely. Regards, Team Dexter.
by Dexter_The_Trader
Bitcion FIB Retracement LevelsMy dear friend and fellow trader, I am writing to you today with great joy and pleasure. We are currently looking at what can only be described as the most interesting, intriguing, and surprising technology of our time. This is the chart for Bitcoin. 1) Since March, BTC has been experience lower highs, as well as lower lows. 2) Since March, the highest volume in a single session has resulted in major selling. 3) Since March, there has been strong selling pressure each time Bitcoin tried to move up, and 70K became a major barrier in late July while 65K ended as the latest lower high.
Long
by Forexcryptowithjohn
BTC, Let's keep it simple shall weAh, the crypto jungle, where even the bears like to dance! 🕺 So, here we are, staring at a mature bear flag on the daily chart like it's that ex you thought you were over, but they just keep showing up. And if this bad boy breaks down decisively, we're careening straight into the “Oh No Zone” with a potential target between 45k and 48.8k. And what's this? A Death Cross? Sounds like a rejected name for a 90s metal band, but here it is, grimly reminding us that sentiment is shifting faster than a squirrel on a sugar rush. 🐿️ Now, while retail investors are nowhere to be seen (probably hiding under their beds), the whales are out there doing what they do best—hoarding like it’s Black Friday at a crypto sale. 🐳 And of course, rate cuts are looming like your landlord when rent's due, which in crypto-speak means bearish first, bullish later. It's like being told your rollercoaster ride is delayed but, hey, there's a free ice cream at the end! 🎢🍦 Meanwhile, Gold is out there flexing at an all-time high, giving Bitcoin the cold shoulder like it's a high school crush that just found a new date to the prom. And Bitcoin dominance? Still strutting its stuff, leaving altcoins to suffer in silence. Over in the ETH/BTC corner, things are looking as bearish as my last attempt at a diet—good intentions, but no follow-through. Good News? Who Cares!: Good news hits the market and... nothing happens. At this point, it’s like shouting into the void: “BTC ETF occurred! ETH ETF occurred! Halving occurred!” And the market’s like, “Meh.” 🇺🇸 All eyes are on the US Presidency coming up in 2 months. Until then, it's like waiting for your blind date to arrive—highly uncertain and probably not going to end well. Yet, here I am, my degenerate self, telling you this might just be the perfect recipe for a great bull market! 🍲 But let's be real—experience tell me that caution is advised. That's it, that's the idea - Good night
BNC:BLXShort
by hhMaxima38
1
Is my analysis correct about bitcoin- Fx Dollars - {31/08/2024}Educational Analysis says Btcusd Bitcoin may move in this range for some time according to my technical. Broker - Bitstamp This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the 1-week time frame is bullish and breaks the previous higher time frame highs. Let's see what this pair brings to the table for us in the future. Please check the comment section to see how this trade turned out. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
BITSTAMP:BTCUSDShort
by VishalBudhrani
#Bitcoin to US Narrow Money Supply (M1) ratio 1W chart;#Bitcoin to US Narrow Money Supply (M1) ratio 1W chart; I suggest you read it to the end. This type of chart is used to understand how much Bitcoin has gained or lost in value relative to the Narrow Money Supply in the US. In the chart, the total market capitalization of Bitcoin is plotted against the US Narrow Money Supply (M1). M1 includes money in circulation (cash) and demand deposits at banks. This type of ratio can help to understand how valuable Bitcoin is in the macroeconomic environment. In a nutshell; If the chart is rising : Bitcoin is rising. If the chart is falling : The US money supply is increasing. If the US money supply increases and Bitcoin's market capitalization remains the same, then the chart will fall again. It means that Bitcoin is losing value against the US dollar. In short, we need to look more carefully at what is causing the decline. When does the US Narrow Money Supply (M1) appreciate? - Raising interest rates - Economic empowerment - Liquidity reduction The first 2 points above are not hard to guess, but let's elaborate on point 3; The FED may implement monetary tightening policies to reduce the amount of dollars in the market. In this case, the money supply may contract and the value of the dollar may rise. This is called illiquidity. To summarize; An appreciation of the US money supply often puts pressure on risky assets such as Bitcoin and can depress their prices. There are also important historical notes above the chart The white trend line is important . Because every time it comes here, we see that it experiences strong price movements with important news. Therefore, it may be necessary to follow the agenda closely when it comes to this trend line again.
CRYPTOCAP:BTC
by ugurtash
BTC to hit 56k soonIn this video, I dive deep into liquidity zones and explain why they are crucial for our trading strategy. I'll also review what has happened in the markets since my last video and analyze the key developments. We’ll explore what to expect next, looking at potential scenarios that could unfold. Finally, I’ll highlight some potential targets to keep an eye on in the coming days or weeks. Make sure you don’t miss out on any important insights—subscribe to the channel for more analyses!
by SerenityEquity