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Btcusdlong

Can Bitcoin hold $57,000 price for Bullish Hopes?Bitcoin has entered a critical juncture, with its price dipping below $56,500 this week on 1st May. This decline has ignited a debate among crypto analysts, traders, and Investors: is this a temporary blip or a sign of a deepening bear market? The current drop has some crypto analysts worried about a potential freefall. They point to the proximity of the price to the $56,500 mark, which could trigger a cascade of sell-offs, pushing Bitcoin towards $42,300 - a level not seen since February. This scenario would undoubtedly usher in a bearish market, characterized by sustained price declines. However, I remain optimistic. As illustrated in above chart, If Bitcoin can maintain support around $57,600, it could signal a continuation of the bullish trend. This would pave the way for a potential surge towards the much-anticipated targets of $82,000 or even $100,000 by the end of the year. DYOR before entering the market!
FOREXCOM:BTCUSD
by Z4F4R
BTC Triple bottom and $21k Breakout barrierServing as an extension to my last published idea, We saw a pump from the rsi swing rejection as hoped, we had a chance to take a profit. Those who followed my last idea know what I am talking about. No breakout yet. However I remain bullish on the coming breakout and pump to minimum $25k. Triple bottom on the daily shows a nice support line with the latest daily candle strongly confirming a pump soon. This is not investment advice. Do your own research.
Long
by GoldArti
6
BTCUSD Bullish Momentum Anticipated from Key Support LevelBTCUSD is currently exhibiting a Harmonic Pattern (XABCD) on the 4-hour time frame. This pattern is characterized by distinct price swings that form geometric structures. As per our analysis, the pattern is nearing completion, with Point D aligning with a crucial support level. Trendline Analysis: In conjunction with the Harmonic Pattern, a trendline has been identified, further reinforcing our bullish outlook. The convergence of the Harmonic Pattern and the trendline at Point D enhances the significance of this level as a potential entry point. Trade Setup: Entry: Long position entry is recommended at 64690, reflecting our anticipation of a bullish momentum shift from Point D. Stop Loss: To mitigate downside risk, a stop loss is advised at 59600, safeguarding against unexpected market fluctuations. Profit Targets: We have identified multiple profit-taking levels to capitalize on potential upward price movements: TP-1: 69760 TP-2: 74834 TP-3: 79870 Rationale: The technical setup indicates a favorable risk-reward ratio, with Point D coinciding with a key support level and the formation of a Harmonic Pattern. This, coupled with the establishment of a trendline, strengthens the bullish bias. Conclusion: In summary, based on the analysis of the Harmonic Pattern formation and trendline dynamics, we advocate for a long position in BTCUSD with an entry at 64690 and stop loss at 59600. Profit targets are set at 69760, 74834, and 79870, reflecting our expectation of a bullish trend continuation from Point D. As always, prudent risk management is advised to navigate market volatility effectively.
BINANCE:BTCUSDLong
by trading_jupiter
Bitcoin $68,700 breakout was a good sign!Bitcoin (BTC) bulls cheered as the price smashed through the $68,700 resistance level, marking a significant milestone. However, the climb has stalled as the coin encounters a new hurdle - the $69,700 to $70,500 resistance zone . A decisive break above $70,500 could signal further bullish momentum. This area has historically proven to be a profit-taking zone for experienced traders. The logic is that after a strong upswing, some investors lock in gains, leading to a temporary price dip.
Long
by Z4F4R
btcusd longBitcoin Price (BTC) Real-Time Live Price Bitcoin News: Read the Latest Analysis on BTC This guide is designed to help day traders navigate the cryptocurrency marketwith control and confidence and is built on decades of experience garnered by analysts and authors. We will study a wide range of fundamental, technical and psychological trading techniques that will help you master short-term trading in one of the most talked about and volatile marketplaces. Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.confirm signal
OANDA:BTCUSDLong
by Mark804
BTC Market Insights: Expert Financial AnalysisIn today's financial landscape, Bitcoin (BTC) continues to capture attention and spark discussions among investors worldwide. As a seasoned financial analyst, I bring you insights into the latest developments shaping the BTC market. Bitcoin's recent price movements have been dynamic, influenced by factors ranging from institutional adoption to regulatory shifts and macroeconomic trends. Understanding these dynamics is crucial for investors seeking to navigate the volatile cryptocurrency market. In this analysis, we'll delve into key indicators and technical patterns driving BTC's price action. From support and resistance levels to market sentiment and fundamental drivers, we'll provide a comprehensive overview of the current state of the BTC market. Additionally, we'll explore emerging trends and potential catalysts that could impact Bitcoin's trajectory in the coming days and weeks. Whether you're a seasoned crypto trader or a newcomer to the space, this analysis aims to equip you with valuable insights to make informed decisions in the ever-evolving world of digital assets. Stay tuned for a deep dive into the BTC market and actionable strategies for navigating its fluctuations.
BINANCE:BTCUSD
by CaterinaGoldTrading
BTC AnalysisDear traders Contrary to popular belief that Bitcoin will stagnate in 2023 and grow spectacularly in 2024, the chart is behaving otherwise. In my opinion, when everyone expects a recession, Bitcoin will start to grow significantly and reach a new ATH price at about100k. Thus, the majority of people will wake up and start buying Cryptos at high prices, which is really late. If you intend to hold long-term and get maximum profit from this market, it is the best time. Perhaps Bitcoin's behavior will be contrary to the stock market and will be able to attract the attention and trust of the majority of society (in my opinion, the stock market will bubble and collapse in the near future). Yours sincerely
Long
by FireFlow
7
BTCUSD Analysis. i will long.Hello everyone. i want share my idea about Bitcoin price action. We all saw Bitcoin bull run after ETF approval that means institutional are still in this game. at the moment last all time high we have at 73800, after that we saw rejection from sellers which tested well the strongest daily support. If we we look at the picture from far we will see some technical signal which is head and shoulders, this technical movement gives me short signal but ill tell you some reasons why i think at bitcoin long. First - Bitcoin has pretty bullish movement and this fall after all time high was logic, all market need correction after strong movement. Second - Bitcoin touch to daily support at 61000$ where buyers long and we saw 8000$ movement in only one day. Yeah that's right bitcoin price came back to that zone but buyers are still active Third - USDT dominance (index of Tether dominance on market) is still pretty bearish, USDT dominance after strong fall, came into 1 week Fibonacci high volume buy zone, got rejection from buyers but that rejection was not enough and for me it was correction of that index after strong fall. Fourth - Bitcoin has still bull run, the last movement, what was today, for me that is continuation of trend and daily candle which closed 8000$ upside movement, after touch Strong daily support. Here is my reasons why i will try to find low for open my long position. i will update that post with trading signal. Always make your research!!!!
Long
by elmakacho
BITCOIN WITH CUP SHAPE !!! HELLO TRADERS !!! As i can BTC is just completed our last given target as we had mention in our previous buying setups which is attached with current chart in comment sessions friends it had created a technical pattern which is cup shape as we can see technically it had created a double top and now rejecting from that resistance zone we are expecting it to complete a cup shape now before starting a new Bull run fundamentally Gray-scale ETF approved as we saw a pump and dump in GBTC in volume & price too SEC Chairman says on 12th Jan that Bitcoin is a highly speculative volatile asset used for illicit activity. at that time markets make a dump from 49K to 41.4K also those investors who bought near 17K 20K 25K cash out at resistence level but as we are always following both Technical + Fundamental always bring to us a great experience in markets ... so we follow to the given TPs its just an trade idea kindly share ur thoughts with us it help alote to other traders we appreciate Ur love and support Stay Tuned for more updates ..
COINBASE:BTCUSDLong
by APEX_TRADING_ACADMEY
2
BTC Insights: Expert Financial AnalysisIn the dynamic world of finance, Bitcoin (BTC) continues to captivate investors, serving as a focal point for discussions and speculation. As a seasoned financial analyst, I offer fresh perspectives on the current state of the BTC market. Bitcoin's recent movements have been characterized by volatility, driven by a myriad of factors including institutional adoption, regulatory developments, and market sentiment. Understanding these nuances is essential for investors seeking to navigate the ever-changing landscape of cryptocurrencies. In this analysis, we'll explore key indicators and technical patterns influencing BTC's price dynamics. From support and resistance levels to emerging trends and fundamental drivers, we'll provide a comprehensive overview of the factors shaping Bitcoin's trajectory. Furthermore, we'll discuss potential catalysts on the horizon and their potential impact on BTC's price in the short and medium term. Whether you're an experienced crypto trader or a newcomer to the space, this analysis aims to provide actionable insights to help you make informed decisions in the dynamic world of digital assets. Stay tuned for an in-depth exploration of the BTC market and expert perspectives on its future direction.
BINANCE:BTCUSD
by MIA_MASTER
2
Bitcoin Analysis: Facing Key Decision ZoneAs seen in previous analyses, we have reached and broken the target ($67,000). We are now operating in a pivotal zone that could either continue selling and break the rectangle from the bottom towards $63,000, or break it from the top and rise back to $67,000, which has now become a resistance zone after previously serving as support. As indicated by technical analysis, clarity will emerge after this brief pause, especially as the new day's opening candle approaches, revealing who will dominate this challenging zone. I wish you success in your decision-making and finding the right place at the right time, and I hope this analysis proves helpful to all.
COINBASE:BTCUSD
by CaterinaGoldTrading