BTC Let's wait for the breakout at 64-65k range. LOOKING GOOD !First of all, I want to be very clear that all the checkmarks are the predictions we have been making over these past few months. Each checkmark is a confirmation that the price moved on our side.
To verify this, you can visit my Trading View page and check my analysis history, which I’ve shared with you every weekend.
Now, let's get into the Bitcoin analysis:
If we look at the overall structure of BTC, it is simply a descending range, but if we zoom in, the inefficiency zone has always been an important trigger for Bitcoin's structure, even when bearish. What I mean is that every time it touches the inefficiency zone, Bitcoin surges upward strongly. If you look closely, the largest bullish candles appear in the inefficiency zone. It is also where a head-and-shoulders pattern was formed, but when it touched a demand zone, the price shot up like foam, just as we had predicted.
It’s simple... If we can see the overall structure, we have a very important 'KEY ENTRY POINT' (KEP) on the bottom left side to consider, and that same 'KEP' is the area Bitcoin has been respecting frequently.
So, we can conclude in this analysis that, as Bitcoin has respected the entire bearish sequence of our trend channel 1, 2, 3, and 4, point #5 was key for retesting our 'KEP' at position #6 and then surging strongly to the inefficiency zone, resulting in a small natural pullback to accelerate the price and almost hit our resistance point #7.
But what will happen now?
NOTE: If there’s no breakout, there’s no party!
I’ll present you with two scenarios (Bearish and Bullish) that Bitcoin may follow this week:
Bearish Scenario: If there is no breakout, there’s no party! The price will simply validate our point #7, reject it, and continue the bearish sequence of the channel. We can distinguish this based on the volume and the strength of the candle (keep a close eye on that).
Bullish Scenario: The price is about to validate point #7. If starting on Monday, we begin to see strong bullish volumes in Bitcoin, you can be certain that Bitcoin will break the channel. Consequently, we could see a new high after the breakout, followed by a pullback that returns to what was the channel's resistance (now support), and from there, a structural breakout or a new high.
I call this pattern N3.
The simple fact that the price breaks out and the full candle is outside of my channel, I consider it a genuine breakout.
So let’s hope it happens this week.
Regards, and thanks for supporting my analysis!"
Btcusdanalysis
Bitcoin/USDT: Potential Reversal After Rejectionhello guys.
sorry for the last analysis. it is the right one!
Technical Analysis:
The chart shows that Bitcoin is facing a significant rejection near the QML (Quasimodo Line), indicating a strong supply zone.
Price has failed to break through the supply zone, resulting in a potential double-top pattern, a bearish signal.
There is a strong support level of around $57,250, which acts as a potential reversal point.
The price is currently retracing after being rejected from the resistance, and a further drop towards the support level is expected.
If Bitcoin reaches this support zone, a reversal is possible, indicated by the upward trajectory in the projection.
However, if this support fails, further downside movement could occur.
Summary of Key Points:
Price rejection at QML (supply zone).
Expected drop towards the $57,250 support.
Potential for a bounce and reversal from this support area.
Risk remains high due to uncertain price direction until support is tested.
Risk Note:
This setup carries a high risk, as a failure to hold the support level could lead to significant downside, and confirmation of reversal is yet to be seen. Always use appropriate risk management strategies.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
ETHUSDT BuyAs Ethereum has broke its Resitance and now is taking support over it and will fly high anothet confluence for going in buys is it has formed a Continuation pattern flag pattern which is completed some of my Friends taking it as a penunt over H4 and H1 accordingly but its a bullish setup also it can be categorized as a rally base rally formation till now lets see whats waiting but as today is concerned we had all bullish signs around us
Bitcoin’s Prime is about to start!🚀 Bitcoin’s Prime really is about to start 🚀
It’s tough to predict the perfect top and exit before the inevitable pullback, but here's a strategy based on past patterns to help us ride the wave and exit before the bull run ends.
Historically, Bitcoin (BTC) tends to reach its peak 16–17 months after the Halving event, usually toward the end of the year. If this cycle holds true again, we could see the next peak around the end of 2025, with a massive price surge.
If this trend continues, our plan is to start selling off our bags in early Q4 2025 to lock in gains before the bull run fades.
#Bitcoin #Crypto #BTC
Is Bitcoin really breaking out of Trend ?I think we need a BIG reality check on some Bitcoin "Expert" analysis speechs over the last 24 hours.
While I agree on so many counts, that we are coming out of this long term range, as we did last year at this time,( see chart ) it is WAY TO EARLY to say this is the new Bull run.
I mean, seriously, LOOK AT THE CHART.
PA has not even broken above Top of Range yet. It is Half way up the channel.
BUT we do have Bullish signs, that cannot be denied but to call this "the new beginning" - That is dangerous - We must wait and see how the rest of this plays out.
In a Bullish way, the MACD is finally turning at the Neutral line, this give BTC Huge power to move Higher but, in a Bearish way, It could continue to drop.
Also not the Low Volume count and the simple fact that the Bull Bear indicator is still falling from Bullish, though this will lag and so changes may not appear to quickly.
So, What are we waiting for ?
Once we have Broken Top of Range, THEN we can start dancing, carefree to some extent.
So,,Lets be realistic.. This is very possibly the end of Range But we are Still in Range...coming from a new Low
When can we dance ? When we break 76K usdt and hold above.
FED CUTS RATES NOW WHAT?!?The FED has cut rates by .50bps and there are more cuts are expected so the meeting in OCT will be on to watch if we get another 50 or even a 25 we will be looking a pumptober.
BTC went as high as 64,000 in the days after the decision, if we look at the volume profile we can see we are resting on the top of a big gaps that if broken we could see a drop to 59,000-60,000. I’m cautious here the combination of gold being at an ATH and the QQQ dipping at the end week with the FACT that historically rate cuts have lead to the ST declines plus the future have a negative lead on spot if we can hold this level though I will open of a position long but I will be very fast to take profits. Also options have been approved for IBIT now the OCC and CFTC have to approved them before they list but this is very very bullish. The big boys trade mainly in options due to the fact you can be non directional and well trad fi degens are the OG degens and they like leverage. Overall I’m bullish and I think 2025 will be the banana phase so prepare for opportunities now not that that anyone asked.
BTCUSDT - One n single region, what's next??#BTCUSDT.. market just near to his one n single region that is 64500 to 65100 around.
That region will be most important region of the month n quarter.
Keep close that region because that will be last hope for sellers.
And above that will be new era of buying.
Good luck
Trade wisely
BTC in trend📊Analysis by AhmadArz:
🔍Entry: 62.200
🛑Stop Loss: 61.658
🎯Take Profit: 62.654 - 63.170 - 63.840
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Bitcoin (BTCUSD) LONG Trade Setup Targets + SL UPDATEDBitcoin (BTCUSD) LONG Trade Setup Targets
Got a clear LONG trade entry at $59,059
Stop Loss at: $58,250
Trailing Stop Loss at: $59,200
Total TP1, TP2, and TP3 done!
Almost touched the TP4 target.
Overall a good LONG trade on the 4h time frame.
I always trade crypto in the 4H time frame, it is my personal preference. Gives me more peace of mind.
Bitcoin's local perspective 16.09.24The current local trend, which started last week, is described by the EXP ascending pattern (orange) and as long as its trend is not broken, there are all chances to continue moving towards $61,700 and $64,186.
At the same time, now we see the forming EXP pattern (turquoise), which is a corrective pattern to the previous one.
If the price goes under the zone formed by the fourth points of the models - the zone around $58,100, we may see a decline under the level of $55,494, where we will try to catch a long on #BTC on the rebound.
If the price is able to consolidate under the $55,494 level, the next target will be the levels of $53,472, $51,268 and $49,155.
BTC: Still Under Pressure. Must Break above the 100 EMA!Hello Traders,
I hope you are all doing well.
If you have followed my previous BTC update, you'll know how strongly the 100 EMA is holding the price. This is the second attempt where BTC has tried to break above the 100 EMA ($60.7k), but it is still unable to do so.
According to our analysis, BTC must break above this resistance on the daily chart to reach the $68k-$69k target. If not, a rejection is likely.
Note: Expect volatility in the market over the next few hours. Be cautious and do your own research before investing.
- Current Resistance: 100 EMA at $60.7k.
- Bullish Scenario: A daily close above the 100 EMA.
- Bearish Scenario: A rejection below the 100 EMA.
Trade Safely.
More pain before we SoarHere in this chart, I have mapped out the price points to keep an eye on. I like the 53k-55k range and believe it is extremely bullish for us to stay above it but the longer we linger here... the more likely we are to break down. Down would be to 48k support which is not as strong as some may think. I am still keeping an open mind to the possibility of an event where we don't have a normal cycle that rallies into the next year post-cycle but instead a drastic dip back down to reality at 38k - this is also a worst-case scenario and possibly the disbelief phase of the cycle. Or I can always go with my gut and say that we already had a short-lived bull market these past few years.
BTC AnalysisHello friends,
Right now BINANCE:BTCUSDT is in the healthy up trend. The wise one said it's better to always trade in direction of trend.
I see one condition here for taking short:
In case price accelerate and VOLUME jumped, we can consider taking SHORT position from trading zone.
Cheers,
keiwan
Short idea on $BTC In the local setup, I see a good opportunity for execution, with a risk/reward ratio of 1 to 5, which is very favorable. However, the risks here are quite high, so I will enter with a small portion. Reasons for entry. Based on the structure, it’s clear that we are retracing to 0.382 or 0.618 and then heading down. You can check this yourself. Since my portfolio is long, I won’t have any significant losses. If we drop, I’ll reinvest part of it.Reasons for entry. Based on the structure, it’s clear that we are retracing to 0.382 or 0.618 and then heading down. You can check this yourself. Since my portfolio is long, I won’t have any significant losses. If we drop, I’ll reinvest part of it.
Fed Rate Cut Boosts Bitcoin: Key Levels to WatchGood news today, ladies and gentlemen! The Fed has dropped interest rates by 50 basis points, which is exactly what we were hoping for. The market has reacted positively, and Bitcoin is climbing, currently at $61,831. We're looking for Bitcoin to close above this support line of $61,689.00 and if it bounces from here, we could face resistance at $62,905. Further up, there's strong resistance around $64,630. However, I believe we'll top out near $62,905, as we need to wait a few days after the Fed's rate cut to see how the market truly responds. By Friday or Monday, we should have a clearer picture of the market's direction. Right now, everything looks bullish—congratulations, everyone!
Bitcoin BTC price is preparing for a “crazy” SeptemberIf we compare the stock market drops at August 05 and September 03, we can say that the crypto market is still holding up very well.
But we shouldn't relax, because there are a lot of events coming up in September that will set the tone for the Autumn:
1️⃣ September 6 - data from the labor market. July 5 and August 5 were extremely volatile downward after the data release. Now the market interprets and considers the most important indicator of the health of the US economy to be not inflation but the number of jobs created. Based on this data, on August 5, the market plunged into a not so pleasant weekend when CRYPTOCAP:BTC went below $50K.
2️⃣11 September - publication of the CPI and inflation data in the United States.
3️⃣18 September - the results of the two-day Fed meeting, the announcement of a rate cut. It's elegant that this day is also a full moon, conspiracy theorists are on the base)
4️⃣20 September - a hat trick - a day when stock options, stock index futures, and stock index options expire on the same day. This happens only four times a year - on the third Friday of March, June, September, and December, which can lead to a sharp increase in trading volume and volatility.
🍿 Preparing popcorn and soothing valerian)
And if you look closely, you can see how beautifully OKX:BTCUSDT price moves through white dynamic fibo channels, from border to border.
So use this information to your advantage, with profit!)
Bitcoin analysis today Dominance says to be careful Bitcoin and In today's analysis of Bitcoin, we talked about its most important resistance, which is currently facing this resistance.
If this important resistance is broken, we can see Bitcoin grow in the first step to 70,000, which we discussed in this video about how to reach this price.
On the other hand, we examined Dominance Tether in this analysis and talked about the fact that nothing special has happened yet because Dominance Tether is still on its support.
We talked about today's news, what effect it will have on Bitcoin and the possible movement of Bitcoin in the next 24 hours.