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Btcusdlong

IS IT TIME FOR THE RISE BACK TO $70K?As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass $65,000 on its march back to $70k. If the 4HR Trend Line fails to hold as support, then I believe we will head back to $60k and test from there. Theirs always two sides of a coin, I create ideas for both. My sentiment is overall bullish, but the bears are just as easy to track & trade. I am going to continue to chart BTC alongside ApeWifHat Weekly. The Memecoin market is not my favorite, but you can't deny the volume of Money being poured into multiple projects. I believe that #ApeWifHat is the next Meme Coin to1000x. It's very early and I'm super bullish. apewifhat.net What's your thoughts on Bitcoins Future? Like, Share, & Comment below!
COINBASE:BTCUSD
by itsmoty
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 BTC_Goldkingcoiner
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