Btcusdlong
BTC - THIS Last happened in 2019 📈Hi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle.
A quick look at the BTC chart from short term and macro term perspective. In the 4h we see a flag pattern, and in the weekly chart we see a significant event that last happened in June 2019, which was the opening moments to the previous ATH.
From a technical indicator analysis and BTC chart analysis (short and macro), it seems as though BTC is very well on it's way to a new ATH.
Remember, support and resistance zones are great to watch for possible long and short opportunities during brief pullbacks!
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CryptoCheck
BINANCE:BTCUSDT BITSTAMP:BTCUSD
Bitcoin current situation and future ) Guys, and Ladies, my congrats!
We will have the big chance in our future to make millions by crypto )
All information on graph.
The #3 big wave of big grand supercycle approx should take 1-2 million $ price.
Timing the same 10-12 years from 2024.
Also the same i'm checking on stables domination.
Good luck for all of us )
See on Y point in next 6 month )
BTCUSDT Long IdeaPlease consider and calculate loss before profit and manage risk properly
We are trying to enter support and resistance areas with the lowest amount of stop loss and the highest amount of expected profits
We have resistance around 23500-24000, if we can pass it, we must make sure that we breach 28000-29000 levels to continue to the target.
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Bitcoin Surges to $35,200: Crypto Market Optimism"Bitcoin's price has surged, reaching a 17-month high of over $35,200. This rapid increase of nearly $5,000 in just one day has pushed the total cryptocurrency market value beyond $1.24 trillion. As predictions about a Bitcoin ETF continue to rise, trading volume is nearing the $100 billion mark. Despite the upward trend, warnings about potential risks associated with late buy orders being erased by market makers have been issued. Analysts suggest that this market growth indicates a continued upward trajectory led by Bitcoin. Meanwhile, Steem, a potential alternative cryptocurrency, demonstrated significant potential with a 25% increase, outperforming Bitcoin's 12% rise. Investors are strongly advised to consider investing in Steem. Analyst James Stanley emphasizes the inverse correlation between DXY and BTC, predicting that upcoming Personal Consumption Expenditures (PCE) data on October 26, 2023, could significantly impact BTC prices.
Bitcoin 28000 in August. And when we find the bottom? BINANCE:BTCUSDT
The problem with technical analysis - we have a so much indicators and technics which showed us different numbers.
On candles chart youll see another numbers, with lines totally different, and also on different timeframes either will show one more side of chart, so we dont know which one is correct. BUT
Daily timeframe chart on BTC in Line chart look like this now.
Possible Targets
➡️Downtrend line with 2 perfect touches, waiting third touch, most likely with rejection again around 28000
➡️Between 28000 - 32000 now very strong sellers zone, which I dont think we break in August.
➡️ After test 28000-30000K we can slowly going down but over downtrend line to buyers zone again 19000 by end of September/October
➡️19100 Previews ATH 2017 and around 13100 in 2018 by line chart so I think we will hold the line and dont break this levels
➡️ The crowd is waiting 10-5K the same like Crowd waited 100K - huge trap!
➡️ My most negative scenario is around 15300 in November - test global yearly support line so everyone open short and waiting 10K sure
➡️ After October Im expecting sideways move and total disbelieve on market, so in November we slowly start new cycle.
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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[UPDATE BTC] BItcoin/M1 vs GOLD. Do you see it?M1 has caused problems for us BROTHERS. The current market divided by M1 resembles the gold market during a bear market, but it is happening three times faster due to the digital age. Based on this model, BTC may reach 35,000$ in 2023, undergo consolidation until the halving, and then drop to 8,000$ before beginning a new macrocycle.
It is important to note that this is only one of my models and should not be taken as definitive.
Bitcoin technical analysis _ 2023-10-26
Long position
After breaking the resistance at the price of 24851
Entry 35170
The loss limit is 34,200
Risk Free 36145
Saving profit 37110
Profit limit 37645
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Short position
After breaking the upcoming support and breaking the short-term uptrend line and also after breaking the important support at the price of 33645
Entry 33355
The loss limit is 34,200
Risk Free 32512
Profit limit is 31600
📈Bitcoin weekly prediction, 23K or 30K?📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of $28,000 and then around $30,000.
In this week, bitcoin price continues to move in an ascending channel (in yellow).
]f the price breaks the Bollinger midline, there is a possibility that the price will go down to the yellow area.
Overall, in my opinion, as long as the price of Bitcoin does not fall below the Bollinger midline, there is a possibility that it will go higher.
But if the price loses the yellow zone and the support of $23,000, the level of 22,500 to 21,500 will be a strong support for Bitcoin in the bearish scenario.
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BTCUSDT BINANCE:BTCUSDT
The chart under consideration is characterized by exceptional clarity and detail. An examination of the chart reveals that the bearish weekly trendline was effectively broken, followed by a pullback featuring a hammer candle. The hammer candle was subsequently confirmed with a robust green candle that broke through the purple resistance level and has not fallen below it. The present pricing position is of the utmost importance, as it has the potential to reach a specific area if it successfully overcomes the resistance level. Conversely, if the resistance level rebuffs the price, no growth will occur. In light of this analysis, it is my professional opinion that October bodes well for BTC.
BTCUSD - The Battery is unloadingWeeks ago I posted here and on my website, that CRYPTOCAP:BTC is charging it's "Battery" to unload.
Here we have it, a nice blast to the upside.
Now, beware of the FOMO!
If you missed the entry, you will probably find a better entry in a couple days.
Why not just take this as a confirmation that Peeps are still willing to buy it? Sure, if you are a HODLER then it doesn't matter that much.
But if you are a Trader, a Swingtrader, then it matters.
Wait until News, the "Viral" SOM Hype weakens, and the FOMO crowd rushed in.
Then, when BTC falls down in to the Battery again and everybody pukes the guts out, you can buy buy confidently with both hands, because you have a confirmation that price aims to the Center-Line because of the prior Breakout.
At least that's my plan §8-)
Yes, you could miss the Train.
But hey, there's always another and maybe a better one.
Peace4TheWorld N3rds.
BTCUSD - Over 80% to the CenterlineIf you trade with Allan Andrews Pitchforks, then you know the framework and the rules.
Rule Nr. 1 says: Price reaches the CL over 80% of time.
In the current context of BTCUSD, that means a huge potential on gains if entering the market now or in the near future.
But of course, we can't just trade off of this rule alone.
What else would give us as traders the right to take a Long position in BTCUSD?
Watch how price is stair stepping!
Why does price that?
From the perspective of a Forker, I would say that the pendulum is in a up-swing.
And currently, if you are a trader not a hodler, then there's even a good Risk to Reward ratio, when putting a stop/loss below the last pivot low.
As a position trader, I would say, it's a good level to load the boat even more.
But beware!
If price cant keep up with this steep angle to the upside, and starts to open and close below the Lower Line of the Fork (The L-MLH or Lower Medianline Parallel), then there is a high possibility that price as other plans, than going up to the Centerline (Medianline).
Talk soon... §8-)