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BTC Chart AnalysisAnalysis and Outlook The BTC/USDT chart reflects a strong bearish trend. The price has been consistently making lower highs and lower lows, confined within a descending channel. The failure to hold above the 0.618 Fibonacci retracement level indicates potential further downside. BINANCE:BTCUSDT Bearish Scenario BTC fails to hold the 0.618 Fibonacci retracement level, we could see a decline towards the 50,000 USDT psychological support and further down to the 0.786 Fibonacci retracement level around 48,000 USDT.The 200-day EMA at 58,211.08 USDT will act as a strong resistance, and unless the price breaks above this level, the bearish sentiment is likely to persist. Bullish Scenario For a bullish reversal, BTC needs to break above the 200-day EMA and the upper boundary of the descending channel around 65,000 USDT. Sustained movement above these levels could shift the trend back to bullish, targeting higher Fibonacci levels and previous highs. Conclusion Currently, BTC is in a bearish phase with key supports being tested. Traders should watch the 0.618 Fibonacci level and the 200-day EMA for potential signs of reversal or further downside. Risk management is crucial in this volatile phase, with stops placed below key support levels to manage potential losses
Long
by ravirajapaksha
Last Chance Alert: Buy Bitcoin Now at Unbelievably Low Prices!BTC UPDATE BTC is trading at $61,500, nearing a critical support level at $60,000. We have a rising trendline, the 200 EMA, and the lower trendline of this expanding triangle also acting as support. After 7 consecutive days of outflows in Bitcoin ETFs, yesterday saw $31 million in inflows, which is positive for bulls. In the long term, I am bullish on BTC. We may see some short-term corrections in price, potentially down to $54,000 in the worst case, but that will be the best time to buy BTC. The funding rate is negative at -0.11%, which is a positive sign for bulls. Stay tuned for more updates. CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD
Long
by CRYPTOMOJO_TA
2
BTC Bitcoin Technical Analysis - What Is The Chart Telling Us?👉🔍 In this analysis of BTC Bitcoin, we examine higher time frame charts that show a bearish trend with a retracement into resistance. I anticipate a possible retrace given that the market is overextended and trading into support. It’s crucial to understand that this is speculative and not a guaranteed forecast. Watching for specific price movements to confirm a buy or sell is essential, as explained in the video. This video offers a detailed look at the trend, market structure, and price action. Keep in mind, this content is for educational purposes only, and trading carries significant risk. Always use robust risk management strategies in your trading practices. 📈🔔
FOREXCOM:BTCUSD
by fxtraderanthony
4
BTCUSDT: $70k or a Crash?Crucial Support Zone: The chart highlights a significant support area ranging between $57.8K to $60k. This level has historically provided strong support, as indicated by multiple bounces within this zone. Potential Upside: A potential upside target is marked at $72k, representing a 23.26% gain from the current levels. This target aligns with the upper boundary of the channel. Technical Indicators: The price is currently testing the support zone, suggesting a possible rebound if the support holds. If BTC fails to maintain this support, a further decline could ensue, targeting lower levels. Not Financial Advice, If you find this content informative then support us through your likes, reposts, comments, and by following us. Regards, Team Dexter. #BTC
by Dexter_The_Trader
5
BITCOIN CRASH TO 54.7K MINIMUM MT. GOX DUMP!!!Hello as you can see we have 5 waves up and an abc correction. we are working on the C wave and i expect it to hit 54.7k because that is the 1.1 extension fib of wave a measured from wave b (be careful tho as wave C can go to 1.618 which would be 44k i dont see that happening this time tho as we still need to make a wave 5 on the super large time frame), as well as having a FVG that needs filled there, as well as being the base of the channel we are in. It is a triple confluence. If you look at RSI we have a bearish divergence as well. The two bottom indicators i am using are also showing to be in the middle of a wave right now. that would be the C wave on the large time frame. we will be making the 5th wave down on the lower time frame which on the lower time frame of that will be a 5 wave impulse move because we are in a downtrend. Also, Mt. Gox, an old exchange that went down like 12 years ago is starting to repay their creditors in July, which is now, so those people are sitting on like 14000% profit and are going to cash out and dump hard. it is a total of like 18 billion. This is a negative outlook but its just what the data show. when the data show bullish then i will be bullish but there is just so many things right at this moment ab to crash btc so just hold on tight and open a short. i have one open from 63.2k and a target of 54.7k. Lets see if it hits.
INDEX:BTCUSDShort
by member_berry
A logarithmic look at the #Bitcoin monthly chart according to thAll the points drawn in the chart, all these numbers are based on the numbers of previous halvings and time analysis This is a long-term analysis in the last months of 2026, i.e. November and December Any upswing requires a price correction to continue the trend, which is well seen in Bitcoin, and my correction opinion is after hitting the new historical ceiling of the blue line. This correction, which is after hitting the ceiling, will happen after the months of November 2025 If the numbers are done with a little up and down, I hope you will be satisfied with the analysis I hope you can use this analysis in the long term and send it to your friends
INDEX:BTCUSDLong
by DarkAnalyzer