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Btcusdanalysis

Bitcoin $150k target by Nov 2025, if up channel holdsLooking at a logarithmic chart of BTCUSD on a weekly basis, we can see an ascending non-equidistant channel that bitcoin has been following where it has just regained the middle line of the channel with the recent move to $80k, a major psychological level that could switch between support and resistance in the coming months, and with $150k price target within reach if BITSTAMP:BTCUSD can hold this channel over the next 12 months.
COINBASE:BTCUSDLong
by shatzakis
Is $btc Bitcoin's Channel about to do the Most or the Least? Bitcoin is in a Very huge falling channel! Current Price: 65600 CRYPTOCAP:BTC Price action has rejected upper trend line Resistance 6 times - steadily creating lower highs. Currently, Price action is at this Major resistance. Will it reject again? It remains to be seen! A break above this major resistance will lead to ALL time highs and a continuation of the bull run. CRYPTOCAP:BTC Up Resistances: 70.4k, 74.8k, 80.2k Note: #BTC remains bullish if price action stays above the 200EMA (red Moving Average) Another rejection of this upper channel resistance will lead to down supports up to 50.5k. What will it be?
by Ifiok-2sydes
How to Make (and Keep!) Money in Crypto**🧵 How to Make (and Keep!) Money in Crypto 🧵** 1/ **First thing’s first:** Most people *lose* money in crypto. They trade with leverage, get liquidated, and chase price swings. But you? You're smarter than that. 😉 2/ Patience is key. If you're still waiting for the right entry point, you're actually doing just fine. The goal here is to ride trends, not chase falling knives. Let the market show you the way. 🔍 3/ Let’s dive into some indicators. 🔥 Bitcoin has just hit the *overbought* zone on the 1-day chart, which usually signals a pullback within the next 4-5 days. That’s your signal to watch closely! 4/ Here’s the plan: if the market surges, wait for the 1-day indicator (blue line) to drop *below 20* before entering. That’s often a sweet spot for setting up profitable trades. Here's what it looks like: (insert example chart image) 5/ And yes, the 3-day and 1-week indicators are important, too. But in a strong bullish market, getting in when the 1-day cycle dips below 20 can yield solid returns. Sometimes a single cycle can net you *30% gains* in one trade. 🚀 6/ Remember: You don’t have to catch every move. Let the indicators guide you and enter at low-risk points. Keep it simple, stay patient, and let the profits come to you. 🧘 Ready to trade smart? Let’s make this bull market count! 🐂💸
BITSTAMP:BTCUSDLong
by TheStrategyMaster
1
BTC Daily Break Above Rising ResistanceBTC has managed to hold above a rising resistance that was currently dictating the price action. There are roughly two daily bars before we meet this trend again while being above it. The rising wedge broke to the upside, so my bias for this trade is long. RSI is 72 at time of publishing. Long targets are 77,800 first, and then 84,600. These is the 1.618 extension and the 2.618 extension of the previous high swing low. Not financial advice. Do your own DD. Thanks for reading the idea.
BITSTAMP:BTCUSDLong
by BallsOfSteel32
BITCOIN Short Trade Alert: Pullback Opportunity on 4H ChartBITCOIN (BTCUSD) Technical Analysis: Bitcoin's 4-hour timeframe is presenting a promising short trade opportunity. The chart signals a potential pullback after testing key resistance levels. This setup is particularly appealing for traders leveraging 5x to 10x positions. Trade Summary: Entry Point: $76,549.8 Stop Loss (SL): $76,885.1 Targets: TP1: $76,135.5 TP2: $75,465.0 TP3: $74,794.5 TP4: $74,380.2 Key Insights: Trendline Breach: BTC's price action is testing a steep upward trendline, hinting at a potential reversal. Momentum Shift: Weakening bullish momentum on the higher timeframe adds confidence to the short trade. Risk-Reward Balance: Tight stop loss above resistance ensures a favorable risk-to-reward ratio. Leverage Consideration: 5x Leverage: For risk-averse traders aiming for steady returns. 10x Leverage: Suitable for aggressive traders ready to maximize potential gains while managing risk. Recommendation: Execution: Enter short positions near the marked entry zone with targets aligned with the support levels. Stop Placement: Keep the stop loss firm above the $76,885.1 resistance level to avoid unnecessary risks. Trend Monitoring: Watch for sudden market sentiment changes that may invalidate the pullback. Conclusion: This Bitcoin short trade setup offers an excellent opportunity for traders looking to capitalize on a pullback scenario. Leverage wisely, adhere to risk management, and let the strategy play out for maximum gains.
Short
by ProfitsNinja
$BTC the bull run is NOT finished, reminder to stop FUDIn another idea (check my idea), I had forecasted a -50% dump of CRYPTOCAP:BTC , and we are close. I also highlighted that on a weekly timeframe, CRYPTOCAP:BTC had been oversold due to ETF hype, which forced CRYPTOCAP:BTC to consolidate mid-bull market to reset the MACD and RSI to lower levels, just like in 2021. Here was the idea: Additionally, this idea perfectly forecasted what is happening now: I also correctly predicted that all these CRYPTOCAP:BTC owned by external actors would have to be sold on exchanges to reach the market, negatively impacting the price action. Now, here is an updated chart to my previous idea that accurately forecasted the current situation. What is coming next? Check the MACD. On the weekly timeframe, we are close to the same situation as in 2021 when CRYPTOCAP:BTC bounced back to go parabolic. The yellow line shows the level where the MACD could cross and reverse to finish this bull run successfully. In the worst-case scenario, we might continue the downtrend pressure while the RSI and MACD reset lower. This pressure counterbalances the bull run and is the reason why CRYPTOCAP:BTC does not have the energy necessary to pass over the top resistance and is ranging. This range will continue until the weekly MACD crosses over and the RSI reaches the oversold territory. The good news is that the more time it takes, the lower the MACD and RSI will be, the longer the final bull run will become, and the higher CRYPTOCAP:BTC will go. MT.Gox, Germans, Genesis, and Grayscale have done their dumping, so the sky is getting clearer, and the sun is starting to shine. I do not think this bull run will be canceled; there is no way it can happen. It can be delayed by external factors, but the charts are clear and clean. We are moving forward in a massive way as soon as CRYPTOCAP:BTC gets oversold. From the chart, a true reversal in the trend should happen between 2 to 10 weeks. Be patient, do not panic, do not sell your coins; your portfolio will turn back to green soon. DYOR.
by CryptoNikkoid
1
Bitcoin Approaching Key Resistance—Watch for Breakout / PullbackSince the last analysis, Bitcoin has respected the Crucial Support Zones and is now approaching a pivotal point at the Descending Resistance trendline. We’ve seen a bounce off the support zones, particularly the 1W BISI, which has held firm, and the next move will be decisive as BTC approaches the U.S. Election timeline in early November. Key Developments: Bitcoin is approaching the Descending Resistance, with a potential breakout signaling a move towards 76K and beyond. The 1W BISI (one-week bullish imbalance support) has acted as a strong foundation for this current price action, making the upcoming resistance test a crucial moment. The RSI is sitting comfortably above 55, showing momentum building up in favor of the bulls. Strategy Update: Swing Traders: Look for confirmation of the breakout above the descending resistance. If price holds and closes above this level, a run toward 76K and 80K becomes highly probable. Scalpers: Stay cautious around the resistance zone. If Bitcoin fails to break out convincingly, a short-term pullback to retest the 1W BISI could provide shorting opportunities. Key Levels: Resistance: The Descending Resistance trendline is your key point for watching breakout potential. If BTC breaches this level, expect a rally to 72K and 74K. Support: The 1W BISI and Crucial Support Zone 1 (around 64K) will act as strong support levels in case of any short-term corrections. ------ This setup remains crucial as the U.S. Election date approaches, a point that may trigger increased volatility across markets. Keep your risk management tight and stay flexible as the market prepares for its next major move.
by MadeByAK
BITCOIN - this is just the beginning!We had previously predicted that Trump would win the US elections, and we talked about how positive that would be and how this coincided with the rise of Bitcoin and the start of the bull market in a detailed scenario, and it happened precisely. Many are asking about currencies now and are worried about entering after this recent rise You should know that this market has stages Bitcoin Dominance still high Which means that Bitcoin gave a small portion of liquidity to currencies this is chart for BTC dominance and just imagine if this huge rising wedge breakdown? so iam extremly bullish this time and should nknow ALTseason didn't start yet! If you enter the chart of any coin, you will find that it is still at the bottom I see that there are many opportunities and you will easily find from this region many currencies made x5, x10 easly. What we need in the coming days is for Bitcoin to make a temporary peak, then correct, then move sideways, decline in BTC dominance for BTC i see it make a NEW ATH after more than 250days of accumulation any small correction in BTC is a positive sign for ALTS
Long
by ceciliones
2
Bitcoin Where Next?As of November 8, 2024 , Bitcoin (BTC) is trading at $74,120.87 , reflecting a 24-hour trading volume of $105.81 billion. Our proprietary W.ARITAs algorithm has identified a pattern in Bitcoin's price movements that closely mirrors historical trends observed between April 8, 2020 , and January 7, 2021 . This historical pattern began with a significant price surge in April 2020 , following the announcement of the third Bitcoin halving event, which reduced the mining reward and increased scarcity. This event was a catalyst for a bullish trend that culminated in an all-time high (ATH) in January 2021 . Similarly, on March 9, 2024 , Bitcoin experienced a notable price increase, coinciding with the anticipation of the fourth halving event scheduled for April 19, 2024 . Historically, halving events have led to substantial price appreciations due to the reduced supply of new Bitcoins entering the market. Our analysis indicates that the current pattern, which commenced on March 9, 2024 , is expected to complete its formation by December 12, 2024 . Based on this pattern and historical precedents, we anticipate that Bitcoin will surpass its previous ATH resistance level of by the end of this year. It's important to note that after reaching the ATH in January 2021 , Bitcoin experienced a significant price correction. This downturn was influenced by various factors, including profit-taking by investors and regulatory concerns. In conclusion, while historical patterns and upcoming events like the halving suggest a bullish outlook for Bitcoin, investors should remain vigilant and consider potential market corrections. Continuous monitoring of market developments and regulatory news is essential for informed decision-making. Disclaimer: This analysis is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency investments carry significant risk, and past performance is not indicative of future results. Please consult with a financial advisor to assess your individual risk tolerance and objectives before making any investment decisions.
COINBASE:BTCUSDLong
by insidermike
Is BlackRock's Bitcoin ETF the Future of Digital Gold Investing?BlackRock's Bitcoin ETF: A New Era of Digital Gold A Golden Opportunity BlackRock, a titan in the world of finance, has made a significant move into the cryptocurrency market with its Bitcoin ETF. This development marks a pivotal moment in the mainstream adoption of digital assets, potentially signaling a new era of investment opportunities. The Appeal of Bitcoin ETFs Bitcoin ETFs offer several advantages to investors: • Accessibility: ETFs provide a convenient way for investors to gain exposure to Bitcoin without the complexities of directly purchasing and storing the cryptocurrency. • Regulatory Oversight: ETFs are subject to regulatory oversight, which can increase investor confidence and reduce risks associated with direct cryptocurrency investments. • Diversification: Bitcoin ETFs can be used to diversify investment portfolios, potentially reducing overall risk. • Liquidity: ETFs generally offer higher liquidity compared to direct cryptocurrency investments, making it easier to buy and sell shares. BlackRock's Strategic Move BlackRock's decision to launch a Bitcoin ETF is a strategic move that underscores the growing institutional interest in cryptocurrencies. The firm's reputation and vast resources can help legitimize Bitcoin as a viable investment asset and attract a wider range of investors. The Impact on the Crypto Market The launch of BlackRock's Bitcoin ETF could have a profound impact on the cryptocurrency market: • Increased Institutional Adoption: As more institutional investors gain access to Bitcoin through ETFs, it could lead to increased price stability and reduced volatility. • Price Appreciation: The influx of institutional capital could drive up the price of Bitcoin, potentially leading to significant gains for investors. • Regulatory Clarity: The success of Bitcoin ETFs could pave the way for further regulatory clarity and standardization in the cryptocurrency industry. • Innovation and Development: Increased investment in the cryptocurrency ecosystem could spur innovation and the development of new blockchain-based applications. Challenges and Considerations While the launch of BlackRock's Bitcoin ETF is a positive development, it is important to consider the potential challenges and risks: • Market Volatility: The cryptocurrency market is known for its volatility, and Bitcoin prices can fluctuate significantly. • Regulatory Risks: Changes in regulatory policies could impact the performance of Bitcoin ETFs. • Security Concerns: Cryptocurrency exchanges and wallets are vulnerable to hacking attacks, which could lead to losses for investors. Conclusion BlackRock's Bitcoin ETF represents a significant milestone in the evolution of the cryptocurrency market. By providing a regulated and accessible way to invest in Bitcoin, the ETF could attract a new wave of investors and further solidify the cryptocurrency's position as a valuable asset class. However, investors should approach Bitcoin ETFs with caution and carefully consider the risks involved.
PYTH:IBITLong
by bryandowningqln
Is It Too Late to Invest in Bitcoin? A Comprehensive Analysis Bitcoin, the world's largest cryptocurrency, has once again defied expectations, reaching a new all-time high of nearly $77,000. This latest surge has ignited a wave of excitement and speculation within the crypto community. While some analysts warn of potential risks, others remain bullish on Bitcoin's long-term prospects. A Bullish Outlook It is believed that the recent price surge is driven by a combination of factors, including increasing institutional adoption, growing global interest, and the potential for further price appreciation. The Role of Institutional Investors One of the key drivers behind Bitcoin's bull run is the growing interest from institutional investors. Traditional financial institutions, such as hedge funds, pension funds, and corporations, are increasingly allocating a portion of their portfolios to cryptocurrencies. This institutional adoption has brought significant capital inflows to the crypto market, fueling price increases. Technical Analysis: A Bullish Perspective Technical analysts have identified several bullish indicators that suggest Bitcoin may continue its upward trajectory. The recent breakout above key resistance levels and the formation of a bullish flag pattern are positive signs for the cryptocurrency. However, it is important to note that technical analysis is not foolproof, and market conditions can change rapidly. Potential Risks and Challenges While the current market sentiment is overwhelmingly bullish, it is essential to acknowledge the potential risks and challenges facing Bitcoin. One of the primary concerns is the potential for a market correction, which could lead to significant price declines. Additionally, increased regulatory scrutiny and geopolitical tensions could also impact the cryptocurrency market. The Future of Bitcoin As Bitcoin continues to break new records, the future of the cryptocurrency remains uncertain. However, the long-term potential of Bitcoin as a store of value and a medium of exchange is undeniable. As the global financial landscape evolves, Bitcoin's role as a digital asset could become increasingly significant. Conclusion Bitcoin's recent price surge has captured the attention of investors and traders worldwide. While the cryptocurrency market is inherently volatile, the underlying fundamentals of Bitcoin remain strong. As institutional adoption continues to grow and technological advancements drive innovation, Bitcoin's potential for further appreciation is significant. However, investors should approach the market with caution and be prepared for potential volatility. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
BITSTAMP:BTCUSDLong
by bryandowningqln
Bitcoin BTC price decides where to go nextAlmost all indicators are at extremely critical and decisive points: 1️⃣ CRYPTOCAP:BTC - $68300 2️⃣ BTC.D - 59% and continues to update local highs 3️⃣ USDT.D - 5.25% on the verge of a breakout or rebound upwards 4️⃣ Fear and Greed Index - 73 (greed) 🐳 Blue scenario - a sharp exit from the correction channel and movement towards $77-78k. 💔 Red scenario - correction OKX:BTCUSDT to $64000, and maybe even to $ 61k Vote which scenario you think is more likely. We will supplement this idea with interesting charts and our own opinion after we have 100+ votes.
by P_S_trade
2
Market Analysis: A Breakout to New Highs, but Will It Hold?After a prolonged over 250-day range, BTC has broken out to a new all-time high (ATH) above the $75K zone, fueled by renewed interest following recent election sentiment and influential media coverage. This breakout marks a key technical development, but the question remains: Can it sustain? Key Observations and Price Action Insights New High Zone ($75K): The breakout above $75K looks technically healthy, with price action showing strength and bullish sentiment. To build confidence in a continued uptrend, BTC would ideally hold above this zone consolidating through few days, allowing for a strong base before seeking higher levels. Potential Retracement Levels: Mid-Range Support ($63K): If the current level fails to hold, BTC could revisit the mid-range support around $63K, a key level for possible consolidation and renewed buying interest. Lower Range Support ( GETTEX:52K ): In the unlikely event of a more substantial correction, BTC could target the lower boundary near $52K. However, strong interest from high-profile figures and positive sentiment may help mitigate any significant pullbacks. Strategy Considerations: Traders should proceed with caution while tracking these key levels. Although sentiment and momentum remain robust, monitoring BTC’s behavior at these crucial zones will be essential for managing potential risks. The coming days could set the tone for a continuation or indicate a reversion to established levels.
by hazaq