BTC/USDT Outlook ICT Concepts💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on BTC/USDT, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
📉 Price Breakthrough and Reaction
The provided chart shows the price breaking through the Sell Side Liquidity (SSL) and the previous week's low (PWL), both key liquidity levels. Currently, the price is reacting to the 50% (CE) level of the Fair Value Gap (FVG).
📊 Significant Reaction and Divergence
The price has retraced to the defined FVG, showing a significant reaction at the 50% (CE) level. This movement also created a Smart Money Technique (SMT) divergence with ETH/USD. Our analysis identified Optimal Trade Entry (OTE) levels, which the price action has respected, showcasing an optimal scenario.
🧠 Understanding Smart Money Technique (SMT)
You might wonder about SMT: in this context, SMT occurs when BTC makes a low followed by a lower low, while ETH makes a low followed by a higher low. This divergence indicates a Bullish SMT, especially when it coincides with existing inefficiencies (FVG).
📈 Bullish Movement Expectations
We can anticipate a bullish movement from this point, targeting the Buy Side Liquidity (BSL) levels such as the previous week's high (PWH) and the Equal Highs (EQH).
🐻 Considering a Bearish Scenario
To consider a bearish scenario, the price must invalidate the SMT. If the SMT remains intact, our outlook stays bullish until key levels, such as the Buy Side Liquidity (BSL), are reached.
🙏 Thank you for joining us!
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⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
Btcupdate
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.
BTCUSDT- at support? Holding or not??#BTCUSDT.. market at his major support of the week that is 64450
This area have much importance on current chart and in history as well.
And now again it is our most important area for now.
If there is any kind of buying turn is exist in BTC then that is your support.
But if market clear that level then gradually you can see a drop up to 5800 around plus minus.
So keep close it as a major supporting area.
Good luck
Trade wisely
BITCOIN is on the verge of a deep fall. What can save the growthBitcoin was unable to continue its growth trend, which began in May through the range of $72000-74000. Buyers were not even able to update the previous local high and were immediately hit back:
Buyers were unable to hold the local range of $68000 to continue the upward wave from May. And the worst part is that bitcoin's decline is happening on small volumes:
The last chance to save the growth trend is the range of 64500-65500 . Right now, the BTC price is approaching a large number of buyer stop orders.
If the BTC price aggressively rebounds from this range and the daily candle closes above $68100, we expect BTC to continue to grow to $72000 and update local highs.
For now, we don't believe in this scenario, as the USDT dominance chart indicates that things may be just beginning:
The chart shows that a market drop of another 20-30% is highly likely. Therefore, in this case, we will consider short positions on bitcoin from the 68100 range.
Why there? Here is an hourly timeframe that shows that from this range, buyers began to slow down the price drop with limit orders:
If we assume that small traders opened short positions in this range, it is quite easy to pick them out.
The target for such a trade is $60,000. This target stems from our previous forecast and will be confirmed when the 64500-65500 range is broken down:
But what about other cryptocurrencies?
Write your thoughts in the comments!
BTC (DO OR DIE SUPPORT)BTC / USDT
After many liquidation cascades in last few days BTC has reached one of most important support in this boring range (109 days !)
The level between 66k-64k is considered to be the mid line support of the big channel
1- If it hold above …A new bullish wave will form and may be even a new ATH
2- If it failed to hold … the price will drop to test the bottom of the channel again
In times like this i call this support is the do or die support
What do u think about BTC next ?
Share with us in comments below ⬇️
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $64,344 given key support came in effect as expected 😎! Currently testing $65,521 support, RSI on 4H looks fine while improving on 1D, still look unsteady here. it could test for $66,323 by weekend if continues to improve on 1D. $64,344-$64,062 remains current support area. $63,544 next support from here. watch given S/R
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 rebound imminentMixed trading signals are anticipated for the next 24 hours in the crypto market. Bitcoin is experiencing tropical conditions, pointing to strong buy signals and a rebound from these levels.
Bitcoin fell below $66,000 on Monday morning, extending last week's decline due to new U.S. economic data. After nearing all-time highs above $71,000 earlier this month, Bitcoin and the broader crypto market have cooled, with Bitcoin briefly dipping below $65,000 over the weekend.
Follow us for more crypto weather reports!
BTC Could take a pullback (5000 pts downside)BTC level of 69000 round level could be crucial
there we have two condition on both sides
but the down the side has more space to move and get more liquidity (4000-5000)
whereas the upside has only 2000 pts space
the favourable sides happens to be pullback and trade on reversal
because once the price crossed above 69000 then soon after there will be resistance of trend line
64,600 and 64,120 is a fvg from daily chart incase we see higher high, higher low on this area will be look for longs
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 sitting on a thread! This is what you need to know!#Bitcoin is sitting around $66,306.30, flirting with the 50-day moving average, a critical line in the sand.
We've got solid support at $65,551 and resistance up at $71,452, So watch for a break below $65,551 for a potential drop to $60,364 or $57k. Volume's low, signalling consolidation.
If BTC holds above the 50-day MA, a push towards $71,000 is on the cards. Eyes on the breakout or breakdown.
Enjoy your weekend.
I'll be here if anything important comes up.
Have a great time!
Do hit the like button if you like my updates and share your views in the comment section.
#PEACE
Inverted H+ Shoulder on BTCWe've all seen this pattern being pushed out - However there seems to be a lot of talk saying that it has invalidated.
It has not, and is still very much in play - The left shoulder has a "W" within it, and as such I expect the same to be played out with the right shoulder, as marked in white.
To get a potential breakout target, I worked out the difference between the neckline and the peak of the head, and then marked that distance out from the top of the neckline, which is where the breakout should happen.
Old chart revisited and shows some surprises
On first glance, the Run from 2017 to the 2021 ATH and the current path from 2021 to the Next ATH, could be seen to be very different in so many ways.
And They are, I pointed out the First and most prominent difference recently when I showed how PA was level with previous ATH level at the Time of Halving for the First time Ever.
However, as this old chart shows, now that we have a few more Months of data on it, there are still some Very strong Similarities...and this is a Very BULLISH thing
Lets have a look ( please note, this is a weekly chart-days count is subject to 7 day variation)
2017 ATH to Next Low ( A) 217 days
2021 Nov ATH to next Low ( C) 217 days
Dec 2018 Low point A to Halving 518 days
Nov 2022 Low point C to Halving 518 days
Given the similarities above, is it safe to assume this continuity may continue ?
The Simple answer is NO but let us have a look at some projections using this data because, it Does have confluence with many other charts
May 2020 Halving to Next ATH - 336 days
April 2024 Halving. If we use the 336 days then we end up with a projected next ATH in March 2025. This is a widely used expected date date
May 2020 Halving date to continued push up to New ATH ( green box on left ) = 119 days
April 2024 Halving. If we use the same day count, we come to August as the time when we should see a continued push higher. I do have other charts that point more towards July but August could be considered to be within a range of Tolerance...
Other things to note here are -
1) PS this time is Much more "controlled". e are rising slowly and carefully. The 2017 to 2021 was a Volatile and Choppy rise as can be seen by the Massive Ups and downs of PA. We are being a Lot more controlled, to try and avoid these sudden and painful Dips;
2) The RSI ( Top indicator below the Volume bars ) is currently a lot higher than on previous Halvings. ( orange vertical lines )
This is due to the continued and steady Rise of PA over the last 19 months - Previously, RSI rose post Halving, We are currently Dropping.. Fast...and I expect we will be where we need to be by the July / August date mentioned above.
3) The ATR ( bottom indicator that measure Market Volatility ) is way up high now where as, on the 202 Halving, ATR was Down low. However, as we saw in the 2021 year, ATR can range high for extended Periods of Time.
All in all, for me, some interesting similarities and possibilities here. Even though efforts are being made to control the market and rise smoothly, we are still working with in the same time periods as previous Runs...
These are all Just IDEAS...untill it happens, nothing os certain..But it can lead to other ideas and options.
#BTC/USDT Bullish and BEARISH $57k before $100k??In this post, we will assess both bearish and bullish scenarios with detailed reasoning to help you make informed decisions, whether you're trading or investing.
BTC/USDT is currently trading at $67,087.98, just above the 50-day Simple Moving Average (SMA) and $65,551.00, a critical support level.
The price has already broken below a key pattern, signaling a potential shift in market sentiment.
If BTC breaks below the 50 SMA+ 65.5k support, it could trigger a move towards $60.3k, with a further downside target around $57k, where high liquidity and the 192-day trendline intersect, offering strong support.
Conversely, if BTC holds above the 50 SMA, it may avoid the bearish breakdown and instead aim for higher resistance levels at $71,452.01 and $73,777.00.
This positions BTC at a decisive point, where the next move will likely determine the short to mid-term direction.
Traders should closely watch the interaction with the 50 SMA to gauge potential price movements.
FUNDAMENTALS :- The fundamentals do not align with the technicals. Here are some important points to consider:
HTF:
- ETF Approved ✅
- Halving ✅
- Petro dollar expiry with no renewal ✅
- US presidential candidate endorses crypto ✅
- Daily bullish divergence holds for BTC ✅
LTF:
- Liquidity taken below ✅
- CPI fell and rates reduced ✅
- PPI fell and rates reduced ✅
Reason for Further Down HTF:
$100k charts everywhere but without any pullback!
There is a significant amount of liquidity between $50-59k, which is very attractive to big investors and institutions with BTC targets between $130k-$350k. Even if we dip slightly above $51k, the higher low will remain intact, keeping the HTF trend bullish.
The current HTF fib retracement is thin compared to traditional optimal entries. Historically, before a new ATH, there's usually a major shakeout causing fear and cheap liquidity for institutions. This hasn't happened yet, making now an ideal time for a retracement amid high bullish sentiment and greed.
A typical scenario involves a massive, unexpected dump causing widespread fear, lasting from 10 days to 3 weeks. This provides institutions and big investors with cheap liquidity, setting the stage for a bull run once their positions are filled.
So, even with positive indicators, remain cautious. Avoid FOMO for your own sake.
It's better to keep cash (At least 40% in USDT to buy Alts at cheap).
This is the kind of decisions we didn't see in previous bull runs! Remember that?
I hope this post helps you. If it did, please hit the like button and share your views in the comment section.
Thank you
#PEACE
$BTC Daily UpdateCRYPTOCAP:BTC back on $66,323 support currently testing it, Previous 1D closed with bearish engulfing if followed thru it might break $66,323 support, next key support $64,344, next support from here $65,521. RSI on 1D looks weak. Watch the support areas, must regain $68,546 support to retest $69,813. Watch given S/R