Btcusdbuy
Long idea on $BTCI really like the way the market is moving. I like that the crowd is now very actively going into shorts (as if Ilon mask sold BTC - actually no), we have a good block of 25300-24200 where I will take long positions, fixing 27500-28500 . I watched various chats where they wrote that they were liquidated for large sums ... Funding on various exchanges is even negative. And if we go below the block, I don't have very good news, but for now I'm watching and working on this idea
Good Time for Trading Bitcoin.It is too early to succumb to emotions, since there are still many stops under the lows. Most likely, this is a short-term trap, but if the price goes out and fixes above the red zones, it will become a more bullish sign.
When the minimum is updated, the fifth wave of the lower order will be placed, after which we can expect a rebound in order to close the gap.
BTC Bitcoin Update Technical Analysis and Trade IdeaIt's evident that Bitcoin has been consolidating over a period, establishing substantial liquidity both above and below the current range. The recent sharp downward movement has captured my focus. In the video, we examine a potential trading concept contingent upon the unfolding of specific price action scenarios. We delve into the prevailing trend, price action dynamics, market framework, imbalances, liquidity considerations, and various vital components of technical analysis. Just as usual, all details are thoroughly elucidated in the video; however, it's important to emphasize that this content should not be interpreted as financial counsel.
August and September are optimal times for investing. Why?Hello, friends!
Today, let's delve into the analysis of Bitcoin, using historical data based on monthly performance. As many of you may already know, August and September stand out as some of the best months for investing in this cryptocurrency. And there are specific reasons for this. Allow me to share a few thoughts on this matter.
August and September are optimal times for investing. Why? Many people choose these months for vacations, leading to reduced market activity. Such a situation can contribute to price decreases. Specifically, this can be beneficial for those looking to create a cryptocurrency portfolio or invest additionally.
But let's not forget about the last months of the year! Approaching year-end, there is typically more market activity, as many investors return from breaks and relaxation. Thus, this might be a period when we can also anticipate price growth for Bitcoin, as indicated by historical data by month.
I'd also like to draw your attention to the chart, where I've marked potential zones where we might witness price changes. While I believe that a drop to the $20,000 level is unlikely, this is just my perspective. Therefore, we should always be prepared for various scenarios, as the cryptocurrency market always surprises us with its unpredictability.
BTC/USDTWe are approaching the decisive moments in the price of Bitcoin. Determining the direction of movement depends on many factors, but if the history is repeating itself (pay attention to any two channels), we can expect a positive upward reaction to the bottom range of the specified channel to reach the specified profit range. The damage limit is indicated in the picture. Good luck. (DYOR)
Our Bitcoin Analysis Holds TrueConfirmation: Our #Bitcoin Analysis Holds True
As anticipated, #Bitcoin has now entered the buy zone exactly as we predicted earlier. Our analysis remains on point.
Currently, we're patiently awaiting market stabilization and a solid purchase confirmation before proceeding with trading activities.
In the interim, I extend a warm invitation to you to join our VIP group. Here, you can experience secure trading under the guidance of our top traders. Your safety and success are our priorities.
Stay tuned for more updates and consider joining our VIP community for enhanced trading experiences.
Bitcoin (BTC) formed bullish Gartley for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC)
Recently we caught a nice trade of BTC as below:
Now on a 2-hr time frame, BTC has formed a bullish Gartley for the next bullish reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Wyckoff Reaccumulation BTCScenario of Events for Wyckoff Reaccumulation for BTC
In the analysis of cryptocurrency price movements, particularly for Bitcoin (BTC), a well-known methodological approach called Wyckoff Reaccumulation is utilized. This approach is based on the work of Richard Wyckoff, who extensively studied market patterns and price changes in stock markets.
Phases of Wyckoff Reaccumulation:
Accumulation: In this initial phase, the market demonstrates reduced trading activity, sometimes accompanied by price declines. This may indicate a lack of interest from the majority of investors. However, significant players such as institutional investors may actively accumulate assets during this period.
Stabilization (Markup): At this stage, the beginning of price growth and increased trading activity is observed. This may indicate a shift in market participant sentiments. The growth occurs gradually, and this is a period when the market starts showing signs of a positive trend revival.
Reaccumulation: During this phase, a decrease in volatility is observed, and prices move within a certain range. This could indicate the accumulation of assets by larger players, similar to the first phase but at higher price levels. This period can last for a while, preparing the ground for further upward movement.
Strengthening the Trend (Mark-up): In this phase, the market is characterized by price increases and heightened trading activity. This could signal a resurgence of the positive trend and the development of new higher price levels.
Conclusion:
The scenario of events for Wyckoff Reaccumulation for BTC may involve certain phases observed in the market. It is based on the idea that the market goes through cyclic phases of asset accumulation and distribution. It's important to understand that this is purely an analytical approach and does not guarantee future price movements. Trading on cryptocurrency markets is always associated with risks, so conducting your own research and consulting with experts before making decisions is essential.
$SUSHI Performing Ascending Triangle in 1D TF Also BREAKOUT DONEWhat the Ascending Triangle Shows Us
The ascending trend line chart pattern is a bullish formation. It signals that the market is consolidating after an uptrend, with the buyers still in control. The occurrence of the higher lows is pointing toward a likely breakout as the wedge narrows down."
**There are three key features of an ascending triangle:
Strong trend - In order for the ascending triangle to exist in the first place, the price action must stem from a clear uptrend;
Temporary pause - This element refers to the consolidation phase, which will help the buyers consolidate their strength;
Breakout - The break of the upper flat line marks the breakout, which activates the pattern. It also helps us determine the entry, take profit, and stop loss at a later stage.
Buy Bitcoin when RSI>50 and Ascending Triangles Form!
I wanted to reach out today with an exciting opportunity to gain traction in the market. It's time to consider longing for Bitcoin when the Relative Strength Index (RSI) surpasses 50, and ascending triangles start forming.
Why is this important, you may ask? Well, let me break it down for you in simple terms. When the RSI crosses the 50 thresholds, it indicates that Bitcoin's price is gaining momentum and entering a bullish phase. This can be an excellent entry point for traders looking to take advantage of potential price increases.
But that's not all! When ascending triangles begin to form, it suggests a period of consolidation before a potential breakout to the upside. This pattern often signals a bullish continuation, making it an ideal time to consider going long on Bitcoin.
I know what you're thinking: "How can I take advantage of this opportunity?" Well, fear not, my fellow trader! Here's a simple call to action for you:
1. Conduct thorough technical analysis: Pay close attention to Bitcoin's price movements, RSI, and the formation of ascending triangles. This will help you identify the optimal entry point for your long position.
2. Set your buy order: Once you've determined the right moment, set your buy order at a suitable level. Remember to consider your risk tolerance and set appropriate stop-loss and take-profit levels.
3. Monitor the market: Closely on Bitcoin's price action and any significant developments. This will allow you to make informed decisions and adjust your strategy accordingly.
4. Stay updated: Continuously educate yourself about the latest trends and indicators in the cryptocurrency market. This will help you refine your trading skills and stay ahead of the curve.
Remember, trading can be exciting and rewarding, especially when you seize opportunities like these. So, why not consider longing Bitcoin when the RSI exceeds 50 and ascending triangles start forming?
I hope this information is valuable and contributes to your trading success. If you have any questions or need further assistance, please comment below. Let's make the most of this exciting opportunity together!
Bitcoin -> Bullish Move Ahead!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪
A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected.
You can also see that Bitcoin is approaching the weekly support trendline of the obvious rising channel so also from a weekly perspective everything is pointing towards more continuation towards the upside.
I am only waiting for daily market structure on Bitcoin to shift back to bullish and if we see a break and retest of the current resistance level then I also do expect another daily bullish rally.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Will BTC Hit Year-to-Date High? Let's Stay Calm to Avoid ChasingHey there, fellow traders! It's time to dive into the exciting world of Bitcoin once again. As we approach the end of the year, many of us are eagerly wondering whether BTC will reach its year-to-date (YTD) high. While the anticipation is high, it's crucial to maintain a level-headed approach and avoid the temptation of chasing the market. So, let's take a closer look at the situation and make wise decisions together!
Understanding the Bitcoin Market:
Before we jump into predictions, let's remind ourselves of the volatile nature of the cryptocurrency market. Bitcoin has always been known for its wild price swings, which can be thrilling and nerve-wracking. It's important to remember that past performance is not always indicative of future results. So, let's approach this topic with a happy and optimistic tone while keeping our expectations grounded.
Analyzing the Current Market Trends:
As we assess the current market trends, it's clear that Bitcoin has experienced significant growth this year. We've witnessed impressive rallies and breakthrough moments that have left many of us excited. However, it's essential to remember that retracements and corrections are inherent to any market, including Bitcoin. These fluctuations should not be seen as a sign of doom but rather as an opportunity for careful consideration.
Avoid the Temptation to Chase:
While the thought of Bitcoin hitting its YTD high may be enticing, it's crucial to avoid chasing the market. FOMO (Fear of Missing Out) can cloud our judgment and lead to impulsive decisions that may not align with our trading strategies. Remember, successful trading is a marathon, not a sprint. Let's not let short-term excitement overshadow our long-term goals.
Call-to-Action: Stay Calm and Stick to Your Plan!
Now, more than ever, staying calm and sticking to your trading plan is important. Here's a friendly reminder of some essential steps to follow:
1. Set realistic goals: Define your objectives and establish a clear plan. Be patient and avoid getting caught up in short-term market fluctuations.
2. Diversify your portfolio: Don't put all your eggs in one basket. Consider diversifying your investments across different cryptocurrencies and other asset classes.
3. Stay informed: Keep up with the latest news, market trends, and expert opinions. Knowledge is power, and being well-informed will help you make better trading decisions.
4. Practice risk management: Always set stop-loss orders and manage your risk effectively. This will protect your capital and prevent significant losses in unexpected market movements.
Conclusion:
As we eagerly await Bitcoin's potential YTD high, let's remember to approach the market with a happy and optimistic tone. Avoid chasing the market and make informed decisions based on your trading plan. By staying calm and sticking to your strategy, you'll be better equipped to navigate the ever-changing world of cryptocurrencies. Happy trading, and may the Bitcoin market bring us all joy and success!
btc/usdt#Bitcoin Update:
In the complex world of financial markets, patterns emerge in the form of "impulse" and "correction" waves. Currently, #Bitcoin is constructing its initial wave, indicating potential upward movement. Our analysis predicts a short-term decline followed by a strong buying opportunity.
Our team foresees a strategic entry point for savvy traders. To enhance your trading potential and ensure secure transactions, We provide professional fund management and trade execution services.
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Bitcoin Hits New Golden Cross – Time to Long Bitcoin!Today, I bring you some fantastic news that will surely add a touch of gold to your trading portfolio. Brace yourselves because Bitcoin has just hit a remarkable new golden cross!
For those unfamiliar with this term, a golden cross occurs when a short-term moving average crosses above a long-term moving average, indicating a potential bullish trend. This highly sought-after technical signal is often seen as a strong buy signal by traders around the globe.
You might wonder, "What does this mean for me?" Well, my dear traders, this golden cross presents a golden opportunity for you to capitalize on the upward momentum of Bitcoin. It's time to consider going long on Bitcoin and ride the wave of potential profits!
Why should you consider going long on Bitcoin, you ask? Let me provide you with a few compelling reasons:
1. Bullish Momentum: The golden cross is a powerful indicator of a bullish trend, suggesting that Bitcoin's price will likely rise further. Seize this opportunity to maximize your potential gains!
2. Market Sentiment: The cryptocurrency market is buzzing with optimism, with increasing institutional investors showing interest in Bitcoin. This positive sentiment can further fuel the upward trajectory of Bitcoin's price.
3. Global Adoption: Bitcoin's acceptance as a mainstream form of payment is snowballing. More and more businesses are embracing Bitcoin, which drives demand and pushes its value higher.
Now, my fellow traders, it's time to take action and maximize this golden opportunity. Here's your call to action:
1. Conduct Thorough Research: Before making any trading decisions, ensure you have a solid understanding of Bitcoin's price history, market trends, and risk management strategies. Knowledge is power!
2. Set Clear Goals: Determine your profit targets and establish a well-defined trading plan. This will help you stay focused and make informed decisions throughout your trading journey.
3. Utilize Reliable Trading Platforms: Choose a reputable and user-friendly trading platform that provides the necessary tools, real-time data, and analysis to execute your trades effectively.
Remember, dear traders, this golden cross is a promising sign, but always exercise caution and manage your risk wisely. The cryptocurrency market can be volatile, and it's essential to stay vigilant.
So, let's embrace this exciting moment and seize the opportunity to long Bitcoin! Let's ride the wave of potential profits and make our trading dreams come true!
Clear Long Setup for BitcoinI always have a btc long. This is setting up to be a big move. All the scumbags like sbf are sitting in court. "Defi" is over. Sailor about to dunk on everyone. Got a massive weekly cup and handle forming here plus MA200 proving as support. I think we see solid expantion in 3-6 months. Halvening coming up. Not advice but laddering in longs here on top of my swing longs.
artificial breath for bitcoin...Bitcoin is placed exactly above its support range and for today there is a possibility of growth up to the mentioned range. Two important support ranges have been identified for Bitcoin, which in case of Bitcoin's loss, will leave its ascending channel in the daily time and will follow the