BTCUSD opportunity to buy backBTCUSD analysis on 12/08/2024:
BTCUSD is showing an upward trend after a correction to around 49000. BTCUSD did not have a deep correction as expected, but it is currently a good trading opportunity.
The current trend for BTCUSD is LONG. Key price levels to note: 56000 - 56700; 55000 - 55200; and 53000 - 53200.
Recommended orders:
Plan 1: LONG BTCUSD zone 56300 - 56600
SL 56000
TP 57700 - 59000 - 60000.
Plan 2: LONG BTCUSD zone 53000-53200
SL 49600
TP 55100 - 57700 - 60000.
Btcusdbuy
Bitcoin Sunday Review - Expectations & Trade IdeaBitcoin Price Action and Trade Idea: Analyzing the Current Market Movements
In this video, I analyze the current Bitcoin price action and share my thoughts on where the market might be headed next. I highlight key inefficiencies in the market that could present trading opportunities and present a specific trade idea to capitalize on these movements. Whether you're an experienced trader or just starting out, this video offers valuable insights and strategies for navigating the Bitcoin market.
BTC target 132,0001D time frame
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TP: $109,807 / $132,000
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(1) So far, bull is still running, and the crazy surge hasn't started yet
(2) Three effective supports based on Fibonacci, $51506, $44626 and $37746
(3) Three supports correspond to three 1st target, $109807, $102927, and $96047
(4) At least test $49000 one more time
(5) Better to DCA while dumping again, until hitting $37746
(6) $13200 is the final target which applied for all supports
BTC accumulation in distribution phaseBTC is trading in channel from couple of months that is forcing BTC to trade between consolidation phase between a ranging channel that is acting as support and resistance. Further price movement is forming bullish flag pattern and also cup and handle price formation on longer term charts that suggest channel support is likely to act as support and bounce towards 58000 - 63000 - 67000 - 69000 is likely.
BTC Bitcoin Technical Analysis and Trade Idea 👉🔍 In this video, we conduct a thorough analysis of Bitcoin (BTC). Recent data suggests that BTC has exhibited significant bearish momentum. Given this trend, I anticipate a potential retracement, particularly as the price has approached a critical support level. My strategy involves closely monitoring the 15-minute chart for signs of consolidation or sideways movement, which could signal a potential breakout. This scenario might present an intraday trading opportunity, targeting previous resistance and support levels.
It’s crucial to understand that these insights are speculative and should not be interpreted as definitive predictions. Accurate confirmation of specific price movements is essential before making any trading decisions, as detailed in the video. The content provides an in-depth examination of the current trend, market structure, and price dynamics, aimed at enhancing your understanding. However, trading carries significant risks, so it is imperative to implement rigorous risk management strategies to mitigate potential losses. 📈🔔
BTC / BTCUSDTLet's see...
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
BTC vs VIX
A combined chart between the VIX indicator with Bitcoin and a separate Bitcoin chart (below) and the resulting in front of you:
- The built-in BTC/VIX top section shows that yesterday its movement reached the bottom of the trend.
- The arrival of the BTC/VIX indicator for the trend every time means that Bitcoin has achieved a bottom.
- The strange thing is that this time it is equivalent to major lows: the bottom of 2015-2020 (Corona)-2022.
Although the break is monthly and volatility and pressure may continue, it makes clear that this month is August the lowest number that Bitcoin will record before the main high.
The amazing BTC and the secret of 152 & 52 weeks.🤔Here's an intriguing take on BTC and the potential significance of the 152 (Bulls) & 52 (Bears) week cycles:
🔑 BTC: Unlocking the Secrets of the 152 (Bulls) & 52 (Bears) Weeks 🗝️
Throughout BTC's history, a fascinating pattern has emerged – the alternation between 152-week bull cycles and 52-week bear cycles. 📈📉
This cyclical behavior has been observed multiple times, leading to the tantalizing question: Will history repeat itself once again? 🔄
My answer: Yes, I think the stars are aligning for another cosmic dance between the bulls and bears. 🐂🐻
If this pattern holds true, we are potentially witnessing a new 152-week bull run started in 7 Nov 2022 till the top around 6 October 2025, followed by a 52-week bear hibernation, and the cycle continues. ∞
However, as with all things crypto, nothing is set in stone, and the market is known for its unpredictability. 📊🔮
Nonetheless, for those who believe in the power of historical cycles, the 152 (Bulls) & 52 (Bears) weeks could serve as a fascinating guide, offering insights into potential market movements. 🧭
It is not a financial idea.
PLZ DYOR.
Good Luck.
BITCOIN - looks like a perfect buying oppurtunityBITCOIN seems bottomed in weekly chart.
looks like the oppurtunity before the pervious bullrun after COVID crash
it rebound so will about 15% after hit the lower side of descending broading wedge pattern with maintaing the 0.786 fibo level, 50 ema
this analysis will updated regularly so follow us to get those updates.
best regards ceciliones🎯
ALTCOIN CRASH COMING
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here we can still have crashes. The ALTCOIN market has just hit a critical level . This needs to be watched carefully.
Please watch the video for more information
Have a great evening.
$BTC Long attempt #2Despite all the fears, all BTC has done is reach below value and retest January's high to the dollar. With a great reaction to close out today's session as well. The gray box represents the year's value. As shown, short above it and long below it. Very simple. I won't be waiting for BTC to breakout above (although that is likely). Target destination is the other end of value which is 70k.
Friendly reminder that BTC was at GETTEX:29K a year ago! We are not in a bear market. (yet at least)
Bitcoin Pattern FormationThis crypto coin has been forming a very interesting pattern - a falling flag, which IMO is a strong indicator for a bullish momentum.
As for now, there is no clarity if the price will test the lower trendline again or reverse to break out of the upper trendline. A follow up analysis using the shorter time will give clarity on our entry.
BTC / BTCUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
BTC is going to do something interesting...CRYPTOCAP:BTC update
As I mentioned, the $63.8k level is very important, and we are currently at this point. We should either bounce from here or stay around this level for a few days before rallying to $72k.
The high of July 1st ($63.8k) is crucial to hold. If we trade below it for several days, we may see a deeper pullback, which I am not expecting. A prolonged dip below $63.8k could be the first sign that we are heading towards a new macro low (below $53k), potentially leading to a bear market for the rest of the year. In that case, the next significant opportunity might not come until 2025.
For now, I am holding everything tightly. This is a consolidation phase, not a bear market, although altcoins might take a hit due to BTC dominance being very bullish. Only strong coins are likely to move with BTC.
#BTC/USDT#BTC
Bitcoin price is moving in an upward trend on the 4-hour frame since the beginning of the month
The price is strongly adhering to the trend line. Now we have a slight breakout downwards. We are waiting for a rebound from it upwards and a 4-hour close above the trend to confirm the rise and respect the trend
We have so far stability above the 100 moving average, which supports the possibility of rising
We have a retest of the broken downtrend on the RSI indicator
Which gives a selling saturation and increases the chances of rising
Current price 66320
The target of rising on two targets
The first target is 68000
The second target is 69800
The model is canceled in the event of a 4-hour candle closing below 65000