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Btcusdbuy

#Bitcoin, levels to watch.#BTC : Nice recovery over the weekend; should hold the same by the end of weekly close. The price is stuck between FWB:67K and $71.3k. The main support below FWB:67K is $60.3k. Break and close above $71.3k would signal another attempt for a new ATH. Unless we break either of these levels, Bitcoin remains choppy. If you're playing on leverage, stay cautious and keep an eye on the weekly close. I have an announcement to make, stay tuned! Please hit the like button if you like my posts. Also, Let me know what you think in the comment section. Thank you #PEACE
BITSTAMP:BTCUSDLong
by Cryptorphic
6
Breaking $72,000 as a Catalyst for a Surge to $180,000+As we closely monitor Bitcoin's price movements, a critical resistance level at $72,000 stands out. If Bitcoin successfully breaks through this barrier, it could signal the beginning of a significant upward trajectory. The implications of surpassing $72,000 are substantial, potentially driving momentum that propels Bitcoin to new all-time highs. Reflecting on historical trends and market cycles, it's evident that Bitcoin is on the verge of entering a new bull market phase. Analyzing the patterns and growth from previous years, there are compelling indicators suggesting that Bitcoin's next peak is on the horizon. I anticipate that we will see Bitcoin's value soar between April and September of 2025, reaching levels above $180,000. Several factors support this bullish outlook. The increasing institutional adoption, growing acceptance as a store of value, and technological advancements within the blockchain space all contribute to the potential for significant price appreciation. Moreover, the macroeconomic environment, characterized by inflation concerns and a search for alternative assets, further bolsters the case for Bitcoin's continued growth. In conclusion, breaking the $72,000 mark is more than just a price milestone; it could be the trigger for a substantial bullish run. With the potential peak projected between April and September 2025, reaching above $180,000, Bitcoin's future looks exceptionally promising. Investors and enthusiasts alike should keep a close eye on these key levels and prepare for the opportunities that lie ahead in this dynamic and evolving market.
COINBASE:BTCUSDLong
by cryptomaki
2
BTC Bitcoin Technical Analysis and Trade Idea - Where To Next?In thist video, we present a concise analysis of BTC Bitcoin. After recent bullish momentum, the asset has become overextended trading into resistance, and we are now seeing a significant retrace into support. Our primary objective is to pinpoint an appropriate buy entry point within this critical support zone, assuming that price action aligns with our analysis from the video. As always, the video offers valuable insights into trade entry points, trend analysis, market structure, and price action. It’s important to note that this content serves an educational purpose and should not be interpreted as financial advice. 📈🚀📊
Long
by fxtraderanthony
5
Bitcoin Poised for Surge Towards $85,000?Bitcoin (BTC) bulls are back in the driving seat, predicting a potential surge towards $85,000 in the coming months. This bullish forecast comes amidst heightened anticipation surrounding key U.S. economic data that could significantly influence investor sentiment towards the Federal Reserve's (Fed) monetary policy trajectory. Technical analysts are pointing to a trendline formed by connecting several price points on Bitcoin's chart, suggesting a potential trajectory towards the coveted $85,000 mark. This technical analysis hinges on the assumption that the price will continue to follow the established trendline. Factors Fueling Bitcoin's Optimism Several factors are contributing to the renewed optimism surrounding Bitcoin: • Potential Fed Rate Cuts: The upcoming release of key U.S. economic data, such as inflation figures and employment numbers, is keenly awaited by investors. If this data indicates a softening of the U.S. economy, it could bolster expectations of a rate cut by the Fed. A dovish pivot by the Fed, potentially lowering interest rates, is generally considered positive for riskier assets like Bitcoin, as it increases liquidity in the market. • Institutional Adoption: The continual rise in institutional adoption of Bitcoin is another tailwind for the cryptocurrency. Major financial institutions are increasingly offering Bitcoin-related products and services to their clients, signifying growing acceptance and legitimacy within the traditional financial landscape. This broader institutional participation lends further credence to Bitcoin as a viable asset class. • Scarcity: With a capped supply of 21 million Bitcoins, scarcity is a fundamental property baked into Bitcoin's design. This inherent scarcity, coupled with rising demand, could theoretically drive up the price of Bitcoin in the long term. • Store of Value Narrative: Bitcoin proponents tout the cryptocurrency as a digital store of value, similar to gold. In times of economic uncertainty or inflation, investors often seek refuge in assets perceived as hedges against inflation. Bitcoin's limited supply and decentralized nature position it as a potential candidate for this role. Technical Analysis: A Bullish Case Technical analysts utilize price charts and mathematical indicators to predict future price movements. In the case of Bitcoin, some analysts are pointing towards a trendline established by connecting several significant price points on the chart. This trendline suggests a potential bullish trajectory for Bitcoin, with a target price of $85,000. It's important to remember that technical analysis is not an infallible science. Past performance does not necessarily indicate future results, and unexpected market events can disrupt even the most meticulously drawn trendlines. Challenges and Considerations While the outlook for Bitcoin appears promising, there are still challenges to consider: • Regulation: Regulatory uncertainty surrounding cryptocurrency continues to be a hurdle for wider adoption. Governments around the world are still grappling with how to regulate this nascent asset class. Stringent regulations could dampen investor enthusiasm. • Volatility: Bitcoin is notorious for its price volatility. This volatility can deter risk-averse investors. • Environmental Concerns: The energy consumption associated with Bitcoin mining has drawn criticism. If sustainable solutions aren't implemented, this could continue to be a black mark against Bitcoin. Conclusion Bitcoin's potential surge towards $85,000 hinges on a confluence of factors, including the upcoming U.S. economic data, continued institutional adoption, and Bitcoin's inherent properties as a scarce, digital store of value. Technical analysis also suggests a bullish trend. However, investors should be aware of the challenges posed by regulation, volatility, and environmental concerns.
BITSTAMP:BTCUSDLong
by bryandowningqln
Bitcoin 80000 Very Soon The support of $56000 (coinciding with the 0.618 Fibonacci level) reached in April has proven to be solid and at this moment Bitcoin is aggressively attacking a dynamic resistance created by its historical high of $74000 which meets other peaks previously created around the price of $72000. At this moment in the OrderBook there is considerable liquidity at the $72,000 level, approximately 3,000 Bitcoins. Subsequently it is possible to still notice a lot of liquidity in the immediately following levels, an indication of stop liquidity probably for Long orders. There currently appears to be no liquidity near the all-time high of $74,000. Personally, I remain bullish in the very short term and, as indicated by the Fibonacci extension plotted on the chart, Bitcoin's next target is $80,000
BITSTAMP:BTCUSDLong
by VinchEz
BTC will not dip below $ 69k again.Hi everyone, In a lot of ways, (four days later!), BTC will not dip below $ 69K again. 1- Based on historical trends following the halving ... 2- Elliott Wave Theory! Proof of claim: As you know, wave ((1)) and wave ((4)) cannot overlap. For this reason, there is only one possibility for the long-term outlook. This can only mean one thing: BTC will not dip below $ 69K again. As a result, the best time to buy Bitcoin is now Appendix: and then
INDEX:BTCUSDLong
by BTC-XLM
31
Bitcoin Price Approaches $72,000: A Potential Fuse for New ATHThe price of Bitcoin (BTC) has been steadily climbing in recent weeks, inching closer to a critical resistance level: $72,000. This price point holds more significance than just another round number on the chart. Analysts believe that surpassing $72,000 could trigger a chain reaction that propels Bitcoin toward new all-time highs. The Squeeze is On: Liquidations and Momentum One of the key factors fueling the significance of $72,000 lies in leveraged short positions. In the world of cryptocurrency trading, some investors use leverage to amplify their potential gains (and losses). Leveraged short positions essentially bet on the price of Bitcoin going down. However, if the price goes up instead, these positions get liquidated, meaning the investor is forced to buy Bitcoin to cover their short bet. According to data from CoinGlass, a staggering $800 million worth of leveraged short positions would be liquidated if Bitcoin surpasses $72,000. This sudden surge in buying pressure from forced liquidations could act as a powerful catalyst, pushing the price even higher. Imagine a domino effect: rising price triggers short liquidations, which in turn creates more buying pressure, further driving up the price. This positive feedback loop could propel Bitcoin towards uncharted territory. Breaking Through Resistance: Psychological and Technical Hurdles The $72,000 mark also represents a significant psychological resistance level. Previous price movements have often stalled around this point, creating a barrier in the minds of traders. Overcoming this psychological hurdle can be a self-fulfilling prophecy. Once investors become convinced that Bitcoin can break above $72,000, it can become a reality due to increased buying pressure. Beyond the psychological aspect, $72,000 also presents a technical challenge. Technical analysis, which studies historical price patterns and indicators, can reveal potential resistance and support levels. If there's a concentration of sell orders around $72,000, it can create temporary resistance, making it harder for the price to break through. However, a decisive break above this level could signal a shift in the technical landscape, potentially leading to a sustained uptrend. Investor Confidence and Market Sentiment The bullish sentiment surrounding Bitcoin is not solely driven by technical factors. Increased investor confidence and a positive overall market environment are also playing a role. Several developments are contributing to this optimism: • Institutional Adoption: More and more institutional investors, such as hedge funds and investment firms, are entering the cryptocurrency space. This influx of capital can significantly impact Bitcoin's price. • Growing Recognition: Bitcoin is increasingly being recognized as a legitimate asset class. This growing acceptance is attracting new investors and fostering a sense of stability. • Limited Supply: Unlike traditional fiat currencies, Bitcoin has a finite supply of 21 million coins. This scarcity can drive up its value over time, especially with increasing demand. A Word of Caution: Volatility and Risk Management While the current outlook for Bitcoin is positive, it's important to remember the inherent volatility of the cryptocurrency market. Sudden shifts in sentiment or unforeseen events can lead to sharp price corrections. Investors should always approach the market with caution and implement sound risk management strategies. Conclusion: The $72,000 price point for Bitcoin is more than just a number. It represents a potential tipping point that could ignite a surge towards new all-time highs. The combination of short liquidations, overcoming psychological resistance, and positive market sentiment creates an intriguing scenario. However, investors should be aware of the inherent risks involved in cryptocurrency trading and act with a well-defined risk management plan. The coming weeks will be crucial in determining whether Bitcoin can indeed break through the $72,000 barrier and ignite a new bull run.
BITSTAMP:BTCUSDLong
by bryandowningqln
BTC/USD Technical Analysis and Trade IdeaDuring the recent rally, Bitcoin (BTC) displayed significant bullish momentum. In our video analysis, we delve into a potential buy opportunity, provided that price action aligns with our entry criteria. We look closely at the 1H chart: 1: Market Structure Breakout: The previous bearish trend has been disrupted by a bullish breakout in market structure. 2: Long Bias: While my bias leans toward a long position, it remains contingent on price action developments retracing into my fibo zone as outlined in the video. Please note that this content is for informational purposes only and does not constitute financial advice.
Long
by fxtraderanthony
9
BTC → It will touch $75khello guys... as you can see btc made a symmetrical triangle and broke it up! on the other hand, it touched the bottom line of the ascending channel so it has a potential to start an upward movement@ targets: 1- $73099 2- $75029 ___________________________ ✓✓✓ 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
Long
by melikatrader94
11
🔥BTC might be ready to target 75k: Update and multitimeframe🔥Please see previous ideas for more context ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
BITSTAMP:BTCUSDLong
by Yelli_trades
7
Bitcoin Breaches $69,000: Bullish Breakout?Bitcoin Breaches $69,000: A Bullish Breakout or a Fleeting Glimpse? Bitcoin (BTC) bulls were ecstatic as the world's leading cryptocurrency climbed above $69,000 during early Asian trading on June 3rd. This move marked a significant milestone, breaking a resistance level that has held firm for the past 12 weeks. However, the crucial question remains: is this a decisive breakout or a temporary blip within a prolonged trading range? The recent surge follows a period of relative stability for Bitcoin. After reaching a new all-time high near $69,000 in early March, the price retreated and consolidated within a range of roughly $60,000 to $67,000. This consolidation phase, while frustrating for some investors hoping for immediate gains, can be a healthy sign for the long-term health of the market. Several factors are fueling the current optimism surrounding Bitcoin: • Institutional Adoption: The continued influx of institutional investors into the cryptocurrency space is a major driver of growth. Large investment firms, hedge funds, and even traditional banks are increasingly recognizing Bitcoin's potential as a valuable asset class. This institutional interest provides much-needed stability and legitimacy to the market. • Positive On-Chain Metrics: Analysis of on-chain data, which tracks the movement of Bitcoin on the blockchain, suggests positive signs for future price movements. Metrics like active addresses and exchange outflows indicate that investors are accumulating Bitcoin and holding onto their assets, which can reduce sell-off pressure and contribute to price appreciation. However, there are also reasons for caution: • Resistance at $69,000: The $69,000 level represents a significant point of resistance. Previous attempts to break above this level have been met with selling pressure, pushing the price back down. Successfully flipping this resistance into support will be a crucial step for a sustained bullish run. • Macroeconomic Concerns: The broader macroeconomic environment remains a source of uncertainty. Rising interest rates, a potential global recession, and ongoing geopolitical tensions could all dampen investor sentiment and negatively impact the cryptocurrency market. • Regulation: Regulatory scrutiny surrounding cryptocurrency remains a potential hurdle. Government intervention could stifle innovation and limit market growth, although clear regulations could also bring more stability and attract hesitant investors. So, will Bitcoin's climb above $69,000 be a lasting victory? Experts are divided. Some analysts believe this is a breakout signal, paving the way for a continued price increase towards new all-time highs. They point to the confluence of positive on-chain metrics, institutional adoption, and increasing scarcity of Bitcoin due to its capped supply. Others remain cautious. They highlight the strong resistance at $69,000 and the potential for a pullback if bulls fail to maintain momentum. Additionally, they emphasize the unpredictable nature of the cryptocurrency market and the influence of external factors like global economic conditions and regulations. Ultimately, the future direction of Bitcoin remains uncertain. However, the recent surge above $69,000 signifies a renewed sense of optimism in the market. Whether this translates to a sustained bull run or a temporary blip within a trading range will depend on various factors, including the ability of bulls to overcome resistance levels and the overall health of the global economy. In the coming weeks, investors should closely monitor key metrics such as trading volume, order book depth, and news surrounding regulations and institutional adoption. These factors will provide valuable insights into the strength of the current uptrend and the potential trajectory of Bitcoin in the near future.
BITSTAMP:BTCUSD
by bryandowningqln
BTC – Weekly Perspective – 02/06 to 09/06On the first day of June, the SETUP used indicates a corrective bearish pivot on the long-term chart. Will we have a correction later on, so that the cryptocurrency finally breaks free and reaches new peaks? When we analyze the impressive rise that the cryptocurrency has had in the last 16 months and trace just one Fibonacci retracement, we will see that the 50% region is around 44.6K. In my opinion, a correction as soon as possible is completely healthy, as nothing goes up forever in a straight line without there being a correction at some point in the future. Coming to the daily chart, we have prices on the verge of forming a corrective pivot, with enough strength to reach 44.5K, if prices do not remain above 69.6K. The most interesting thing is to see that we have a confluence between the values ​​provided by the Fibonacci retracement of the rise, in which 50% of this correction is at 44.6K, with the corrective pivot found on the daily chart, whose final destination has the potential to reach 44 .5K, as shown in the images above. Can I trust what my eyes have just seen? To know for sure, unfortunately, I will have to live day by day. Do your analysis and good business. Be aware, if you buy, use stop loss. See other graphical analyzes below.
INDEX:BTCUSD
by MacD_Bollinger
#Bitcoin Update+ Risk Check, Are you safe?12 days ago, BTC Daily faced rejection, whereas the 6-hour chart appears stable. Currently, the price is hovering at the support level. However, come Monday, the situation could shift, regardless of the direction. If Bitcoin rallies to the lower support in daily, will your position remain secure? If not, you may be overexposed! Many new traders make this mistake routinely, ultimately becoming targets for liquidation engines. I recognize that these dips, if they occur, present opportunities. I understand that I might not be able to time the exact bottom perfectly, so I take action by laddering in and increasing my exposure during downturns. I am holding a few leveraged positions with low leverage, and I plan to do the same. It's very important to manage risks when the Altcoin market is about to go parabolic! #bitcoins #AltcoinGems Do hit the like button if you agree and share your views in the comment section. Thank you #PEACE
by Cryptorphic
4
Bitcoin Eyes $70,000 as Strong US Data Weakens Dollar Bitcoin (BTC) is experiencing a surge in price, defying expectations and climbing towards the $70,000 mark. This bullish momentum comes after the release of positive US economic data, which surprisingly weakened the US dollar. The data, including strong GDP figures and lower-than-anticipated jobless claims, has instilled confidence in riskier assets like Bitcoin across the board. Breaking Through Resistance Bitcoin has been battling resistance levels around $60,000 for the past few weeks. However, the recent economic data from the United States appears to have flipped the switch, propelling the cryptocurrency above this key barrier. Analysts believe this breakout could signal a continuation of the upward trend, potentially reaching targets as high as $70,000 or even beyond. US Dollar Loses Footing The positive US data, while traditionally seen as positive for the US economy, has had an unexpected consequence for the US dollar. Investors are interpreting the strong economic performance as a sign that the Federal Reserve may slow down its quantitative easing (QE) program sooner than anticipated. This tapering of QE could weaken the dollar's value relative to other assets, including Bitcoin. Risk Assets on the Rise The positive sentiment surrounding Bitcoin is spilling over into other risk assets. Stock markets worldwide are experiencing gains, and other cryptocurrencies are also showing signs of bullishness. This broad-based rally suggests that investors are feeling more optimistic about the overall economic outlook, which is translating into increased risk appetite. Is This a Sustainable Rally? While the current surge in Bitcoin's price is encouraging, some analysts remain cautious. The long-term sustainability of this rally will depend on several factors, including the future trajectory of US Federal Reserve policy and global macroeconomic conditions. • Federal Reserve Policy: The Federal Reserve's monetary policy decisions will significantly impact the US dollar and, consequently, Bitcoin's price. If the Fed tapers QE more aggressively than anticipated, it could lead to a sustained weakening of the dollar, benefiting Bitcoin. However, a more hawkish stance from the Fed, including interest rate hikes, could dampen investor enthusiasm for riskier assets like Bitcoin. • Global Macroeconomic Conditions: Global economic factors, such as geopolitical tensions and inflation levels, will also play a role in shaping Bitcoin's price. If these factors worsen, it could lead to a flight to safety, pushing investors towards traditional assets and away from Bitcoin. Looking Ahead The coming weeks and months will be crucial for Bitcoin. The cryptocurrency faces several challenges, but the recent positive momentum suggests that there is still significant upside potential. Investors should closely monitor US Federal Reserve policy decisions and global macroeconomic developments to gauge the sustainability of this rally. Key Takeaways • Bitcoin is experiencing a surge in price, breaking through resistance levels around $60,000. • Strong US economic data has weakened the US dollar, benefiting Bitcoin. • The rally is likely due to increased risk appetite as investors become more optimistic about the economic outlook. • The sustainability of the rally hinges on factors like Federal Reserve policy and global macroeconomic conditions. Disclaimer: This article is for informational purposes only and should not be considered financial advice. It is recommended to conduct your own research before making any investment decisions.
BITSTAMP:BTCUSDLong
by bryandowningqln