Get started

Btcupdate

BTC Update on 19/05/2024As of 19th may 2024, BTC is trying to break resistance level at 0.618 fib level. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
INDEX:BTCUSDLong
by rukshan2102
Bitcoin Premium. Confirming our upward trend. 84.000$Our previous deal closed due to a stop loss. However, since our goals remain unchanged, we're re-entering the deal. We observed a fakeout and subsequent rise, confirming our upward trend. Let's ride this wave! 🚀📈 This goal was sent to me by a major player in the game. His insights always hit the mark because his team commands one of the largest capitals in the market! 🌟📈 We're going to start taking liquidity from the top. 📈💰 Friends, this is an extraordinary insider tip, and I urge you to pay attention to it. Keep an eye on this idea. I've decided to share only a few ideas to demonstrate the quality of information I have. Just stay tuned. 🚀🔍
Long
by HedonistTrade
4
Bitcoin short squeeze: $85M in BTC shorts liquidated in 24 hoursBitcoin (BTC) experienced a dramatic market shift as its total liquidations surged to $97.06 million, driven by $10.98 million in long positions and a staggering $85.08 million in short positions being wiped out. The sudden price increase caused over $260 million in market-wide short liquidations on May 20, the largest since February 28th. Ethereum (ETH) shorts lost over $115 million, followed by Bitcoin shorts at just over $97 million, according to data from Coinglass. This upheaval occurred as Bitcoin’s price surged around 5% in the past 24 hours, reaching $71,078.15. The cryptocurrency’s 24-hour trading volume also skyrocketed by 138%, valued at $54.065 billion, with a market capitalization of $1.40 trillion.
BINANCE:BTCUSDShort
by ShumbaFx07
BTCUSD Massive FAKEOUT incomingUpdate: BULLISH: BTC has hit the monthly and weekly resistance zones. I have taken all profits off the table. ***BTCUSD slated inverted head and shoulders is still currently active. TARGET: 74k BEARISH: Bitcoin could go up in value, but many obstacles might prevent it from reaching or staying above $72,000. These include strict government rules,(U.S. DO NOT LIKE BITCOIN) people's changing feelings,(WHALES) technical issues, competition from other digital currencies, environmental concerns, and the fact that it’s not widely used or easy to use. Always research and understand the risks before investing in Bitcoin. More BEARISH: Bitcoin isn't ready. Do NOT panic and buy for another ATH. Bitcoin isn't ready to crash the markets. The USD will hold. Wait for the price to go back into consolidation before making any more trading decisions. Bitcoin is reacting to the previous week's news... PPI data. Bitcoin just rose $5.1k in a day and still can not manage a higher high on the macro level. Don't believe in the hype... The parabolic phase is not yet ready. Take profits and pay attention to the upcoming news on Weds and Thrus—lots of meetings to discuss how they will neglect the price in Bitcoin. These are just my thoughts, not financial advice.
COINBASE:BTCUSD
by nikdobii
Bitcoin at $71k: Should you grab BTC today or wait? SHORT NOWAs Bitcoin continues to dominate the cryptocurrency market, its recent price movements have caught the attention of investors and analysts alike. Over the past few months, Bitcoin has shown a significant increase, with a surge of over 100% year to date, and a notable rise of 9.8% in just the past week. Despite reaching a new peak above $73,000 in March, Bitcoin is currently facing challenges in surpassing the $67,000 resistance level. Recently, after hitting a 24-hour high of $67,697, it slightly retracted by 0.7%, bringing its current trading price to around $66,800.
BINANCE:BTCUSDShort
by ShumbaFx07
BTC Bitcoin Technical Analysis and Trade IdeaBTC Bitcoin exhibits a robust bullish trend on the daily timeframe. Our primary objective is to pinpoint a buying opportunity that aligns with this trend. Assuming price action unfolds as outlined in the video analysis, favorable trading conditions are expected. The video delves into essential elements such as trend analysis, price action insights, market structure, and a potential trade setup. Always practice prudent risk management when trading, and remember that this information serves purely educational purposes and is not financial advice. 🚀📊
FOREXCOM:BTCUSDLong
by fxtraderanthony
BTC Bitcoin Technical Analysis and Trade IdeaBTC has exhibited a robust bullish trend on the daily timeframe. Our primary objective is to pinpoint a buying opportunity that aligns with this ongoing trend. Assuming price action unfolds as outlined in the video analysis, we expect favorable trading conditions. The video delves into essential elements such as trend analysis, price action insights, market structure, and a potential trade setup. Remember to practice prudent risk management when trading, and keep in mind that this information serves purely educational purposes and is not financial advice. 🚀📊👍
FOREXCOM:BTCUSDLong
by fxtraderanthony
BTCUSD 1H Long Trade - 1:3 RRRSL: 65081.00 TP: 71822.00 In this trading strategy, I present a compelling opportunity for a long position on the BTCUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3. Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
COINBASE:BTCUSDLong
by panjikadar
1
Bitcoin Leads the Charge: Bullish Signs Emerge Across Crypto MarA wave of optimism is sweeping across the cryptocurrency market, with Bitcoin (BTC) at the forefront. After a period of consolidation, bulls appear to be taking charge, sparking positive momentum not only in Bitcoin but also in altcoins like Solana (SOL) and Fantom (FTM). Bitcoin's Technical Analysis Hints at Upswing Technical indicators for Bitcoin are painting a bullish picture. The 20-day exponential moving average (EMA), a key indicator of short-term trends, has begun to turn upwards. This suggests a shift in momentum, with the path of least resistance now favoring an upward price movement. Further bolstering this bullish sentiment is the Relative Strength Index (RSI). This indicator measures the momentum of price movements and currently sits in positive territory. This indicates that buyers are in control and there's room for further price appreciation. Breaking Key Resistance Levels A crucial level to watch for Bitcoin is $68,000. If bulls can successfully push the price above this resistance point, it could trigger a retest of the formidable barrier at $72,000. Reclaiming this level would be a significant victory for Bitcoin bulls, potentially leading to a continuation of the upward trend. Bears Remain Vigilant However, the battle lines are not yet definitively drawn. Bears, the market participants who profit from price declines, are not ready to concede defeat. If they can successfully push the price below the 20-day EMA and the broader moving average support levels, it could signal a potential reversal in the current trend. A drop below $60,000 could then be on the cards. Beyond Bitcoin: Altcoins Join the Bullish Party The positive sentiment is not limited to Bitcoin. Several altcoins are also exhibiting bullish signs. Here's a closer look at a few: • Solana (SOL): SOL, known for its blazing-fast transaction speeds and scalability, has been on a tear lately. It's crucial to monitor technical indicators like moving averages and RSI to gauge its specific momentum. • Fantom (FTM): FTM, a smart contracts platform focused on scalability, has shown promising signs. Tracking its developer activity and ecosystem growth can offer clues about its future trajectory. A Word of Caution While the current market sentiment is encouraging, it's vital to remember that the cryptocurrency market remains highly volatile. Investors should conduct thorough research and due diligence before making any investment decisions. Opportunities and Challenges The recent bullish signs present both opportunities and challenges for investors. The potential for continued growth across the cryptocurrency market is exciting. However, the ever-present risk of volatility necessitates a cautious and informed approach. Conclusion Bitcoin appears to be leading the charge in a potential crypto market upswing. Technical indicators suggest a bullish trend, but resistance levels need to be overcome. Encouragingly, several altcoins are also flashing bullish signs, adding to the overall optimism. As always, investors should approach the market with caution and conduct their own research before making any investment decisions.
BITSTAMP:BTCUSDLong
by bryandowningqln