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Btcusdlong

Bitcoin Surges Past $37,000 in a Short Time On Thursday, November 9, the world's leading cryptocurrency, Bitcoin, rapidly surged above $37,000, approaching the $38,000 mark, marking its first such increase in 18 months. The remarkable 5.69% growth in less than a day (adding $2,000 to its price) is attributed to analysts at Bloomberg anticipating that the U.S. regulatory agency, the SEC, will face a "short window" to greenlight 12 Bitcoin futures ETFs, including BlackRock (NYSE: BLK) and Grayscale, within the next 12 days, starting from Thursday. Another Bloomberg analyst, James Seyffart, shared his expectation that the regulatory agency will approve the first BTC ETF in early January, stating a 90% probability of such an occurrence. Following Bitcoin's growth, Ethereum also experienced a significant increase, reaching $2,133. However, both leading cryptocurrencies have since lost some momentum, with Bitcoin trading at $36,943 and Ethereum at $2,071.
BITSTAMP:BTCUSD
by Larissa-Trader
Bitcoin's Surge Near $38,000 Amid Bitcoin ETF EnthusiasmOn Thursday, Bitcoin prices experienced a sharp rally, reaching a new 18-month high of around $17,999 before returning to $36,419. BTC/USD continues to trade within the confines of an upward channel on the 60-minute chart. The price of the leading cryptocurrency is currently trading above several levels of the 100-hour moving average. As a result, Bitcoin has risen into overbought territory on the 14-hour RSI indicator. From a fundamental perspective, Bitcoin is trading after building positive sentiment in the context of the enthusiasm surrounding the Bitcoin Spot ETF. While approval in the United States is still pending with the SEC, news emerged earlier this week that Hong Kong may consider joining the breakthrough and allowing Bitcoin Spot ETFs as part of their broader strategy for the cryptocurrency economy. BTC/USD is also influenced by the latest economic data from the United States. On Thursday, initial jobless claims for the week ending November 3 came close to surpassing expectations of 218,000, with the number of claims standing at 217,000. At the beginning of the week, U.S. consumer credit in September failed to meet the expected $10 billion, recording $9.06 billion instead. Wholesale inventories in the period also did not match the expected 0% change, posting a 0.2% change. In other areas, mortgage applications for the week ending November 3 increased by 2.5% compared to the previous -2.1% change in the prior update.
BITSTAMP:BTCUSD
by Larissa-Trader
1
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! _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:BTCUSDT BITSTAMP:BTCUSD
BITSTAMP:BTCUSDLong
by CryptoCheck-
22
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.
BITSTAMP:BTCUSD
by Gwen_Humuna
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. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
[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.
CRYPTOCAP:BTC
by Homocryptus
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 ----------------------------------------------------- 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
by Mohammad_Ak2310
📈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. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
by CrazyS
4
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.
Long
by Dr_Candle