BTCUSD H4 / POTENTIAL RISE UNTIL 48K 📈✅Hello Traders!
This is my idea for BTCUSD H4. At the moment, BTC remains in consolidation, and soon I expect a rise until the price of 44.000 which is a strong resistance level. As a target, I see the price of 48k.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Btcusdshort
#BTC/USDT Will Bears take over?#BTC is currently trading around the $42.6k level, with the 100-day moving average (100 MA) acting as support.
Breaking below this level could lead us to the $40,222 level, which is the lower support for Bitcoin.
I anticipate a bounce from the same level.
Keep an eye on the 100-day moving average for the next few 4-hour closes.
Ensure you book profits on your leverage positions.
For spot, I am just holding my positions.
Do hit the like button if you like my content.
hope you are riding the alts I've recommended earlier in my charts.
DYOR, NFA
#PEACE
STILL A POSSIBILITY??We are back in the triangle "on-chart".
Support on 4-Hr, after tested severally got broken to downside
Daily: RSI looks lot more room to down side.
RUMOR: ETF approval usually precede down-move
KEY Pattern: Double-Top formed clearly on the chart. It is all there is to see.
Additionally what some people called M formation
BtcUsd WeeklyWe all saw what happened in the weekly time frame of Bitcoin. Well, this upswing that is happening is slow and from Ichimoku's point of view, a strong upswing has not been formed
So I expect it to move along the red path drawn based on the higher probabilities I guess
and experience another terrible descent
BTC RISKY SHORT SETUPHere's my Idea about Short term for BTC Short Position. Expecting an Dump
Entry Would be Around 43.6-43.7k
Stoploss Will be around 43868
Target will be 42.6k or 41.8k
The Trade is Risky So if you are degen then go for it or Use low levrage While Trading.
Follow For more Such good ideas & Don't Forget Share my ideas.
BTCUSDT Analysis. I am short!! Swing Signal!!Hello everyone. i want share my idea about Bitcoin.
Bitcoin had a pretty good year, we saw bullish price action which started one year ago and it gave us price action from 16200 to 44500 which is pretty good percentage, but what we will have in 2024, in my opinion price will fall down again and here is some reasons why i think that. with technique analysis at 44500 we had monthly resistance where we see price strong rejection once but it touched second time and it got same reaction, but i cant say the reaction was same or not because its Christmas days and we don't have high volume, but if we look at USDT dominance we will see USDT dominance tested weekly support twice, took some liquidity at second touch and got strong buyers which made fake brake out, if we look USDT Dominance at higher timeframe (1M,1W) we will see its in strong uptrend and this fall was correction of this trend.
I think if i will be right and at start of year we will get bearish movement its possible to get next year bearish, i make some analysis at bitcoin, but i trust more to USDT Dominance analysis, with my trading strategy i am bearish at bitcoin where i have some scenes for that.
Scene 1 - Bitcoin had strong reaction from sellers which broke not strong but not weak 4h support where i cant see any strong buyers for think that brake out was fake, at the moment bitcoin testing that resistance and getting some rejection from sellers, if i will be right at the moment it will fall strong which will stop a little bit time to 4h support.
Scene 2 - Bitcoin don't have enough sellers for start bearish movement, for that it will make strong liquidity swing which will stop lot of people and active new sellers, new sellers will short it and we will get strong bearish movement of bitcoin.
Scene 3 - in this scene i will be wrong, bitcoin will go higher, it will not have rejection from monthly support and my swing Position will get stop.
My risk at this trade is 0.8% of my margin. Open position is at 43045, stop loss is at 46500 and take profit, i will follow the trend what i will have.
Always manage your risk and make your own research!!!
I will make some technique analysis at USDT Dominance and share at my TradingView page.
BTC analysis and prospects in the new weekShort -term vision
Bitcoin seems to rise. The long -term trend is 100%increased, but we may see some obstacles in the near future. K is still my goal. This will be the strongest resistance area in front of the highest region of all time.💪
🎄🎄❤️❤️❤️🎄🎄
I wish you a peaceful Christmas
🎄🎄🎄🎄🎄🎄🎄🎄🎄🎄🎄🎄
Bitcoin Surpasses 50 Million Addresses, Reaches All-Time HighBitcoin continues its robust upward trend, recently reaching a significant milestone by exceeding 50 million unconfirmed addresses. This achievement reflects increasing user adoption and widespread acknowledgment of cryptocurrency as a legitimate asset. With an average holding of approximately $16,000 per user, the implications for future price performance are substantial.
The recent all-time high underscores strong confidence among investors and users, signifying a maturing market transitioning from speculative trading to broader acceptance and usage. The impressive bullish trajectory in the price chart, marked by higher lows and a growing number of addresses, indicates a solid foundation for future growth.
Bitcoin's ability to maintain strong support adds to its resilience and appeal as a store of value. As each user represents an average organization with the potential to multiply, the overall value of the network may continue to grow exponentially, solidifying Bitcoin's position as a leading cryptocurrency.
The increase in addresses with non-zero balances is not just a numerical milestone but evidence of trust and value placed in Bitcoin by millions worldwide. This expanding user base serves as a powerful driver for sustained and stable price performance, hinting at a promising future for Bitcoin's price potential.
Bitcoin Loses Dominance as Altcoins Lead the Market SurgeThe impact of altcoins taking the lead over Bitcoin is not particularly positive. Bitcoin dominance represents the percentage of the total cryptocurrency market held by the world's largest digital asset. Whenever this dominance increases, altcoins tend to lose influence in the market, but the rising value of altcoins is causing Bitcoin to lose its dominance.
This is later considered a signal of the altcoin season, which at this point is still a long way from happening soon. This indicates that Bitcoin's dominance was affected on Thursday as it dropped to 53% after failing to breach 54%. The total market capitalization of cryptocurrencies, excluding Bitcoin, has increased by 6.83% in the past 48 hours, reaching $48.66 billion. Digital assets, including Solana, Optimism, etc., recorded increases ranging from 14% to 31% in just one day.
This is largely due to the observed accumulation over the past few weeks, leading to assets worth tens of millions of dollars moving out of exchanges. Ethereum, Shiba Inu, Fetch, and Dent emerged as the largest coin-exchange reducing wallets. In the last three months, ETH worth $778 million, SHIB worth $54.6 million, and FET worth about $48 million have exited the exchange wallets.
This hints at a long-term bullish trend, which is significant given the current optimism in the market. The Fear and Greed Index for cryptocurrencies is showing greed prevailing in the market. In general, prolonged periods of greed tend to lead to corrections caused by profit-taking from investors.
However, a closer look at the cryptocurrency market reveals that it is eagerly awaiting stronger bullish signals, and altcoins are not likely to experience any significant downturn soon.
Bitcoin Price Surge: Key Factors Driving the Upward TrendOn the macroeconomic front, the influence of fundamental principles such as interest rates and inflation on Bitcoin is gradually diminishing. Other fundamental factors boosting Bitcoin prices in 2023 include the resolution of the year-long FTX lawsuit and the admission of money laundering charges by Changpeng Zhao (CZ), the CEO of rival exchange Binance. While these events stir volatility in the cryptocurrency market and act as catalysts for price fluctuations, Bitcoin's bullish momentum is rooted in three major events shaping the BTC market before 2024. These are:
Bitcoin's price history records the strongest gains in the fourth quarter, with October emerging as the most active month.
According to experts, the narrative surrounding the Exchange-Traded Fund (ETF) transition continues to dominate discussions among traders and investors, with an expected approval date ranging from January 5 to January 10.
Bitcoin halving, scheduled for April 2024, is anticipated to kickstart the next phase of the price surge.
In summary, the Bitcoin price surge is influenced by a combination of historical trends, ETF anticipation, and the upcoming halving event, setting the tone for the cryptocurrency market leading into 2024.
BTCUSD 19/12Pair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Impulse Correction in Long Time Frame, Completed Impulsive Waves " 12345 " and Corrective Waves " AB ". Symmetrical Triangle as an Correction in Short Time Frame and it has completed the Retracement for Break of Structure
Entry Precaution :
Wait until it Breaks UTL / LTL
BTCUSD H4 is going after the Liquidity and KEY Resistance!📉Hello Traders!
This is my perspective for BTCUSD H4. I see two key levels that most probably will be reached. The first one is Liquidity at the price of 39300. The second one is the resistance level from 38500, from this price I will look for a Long trade in case of confirmation.✅
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
______________________________________________________________________________
Follow, like, and comment to see my content:
www.tradingview.com
BTC Bears are comingIt looks like bears are coming in town. As we can see, Bitcoin is retesting (and it looks like it has also broken) a very important trendline, that is supporting the price from weeks. Considering that i am expecting a drop from days, i think the time has finally come. We are at EOY, we know lot of liquidity will come out this week, and this could lead the price to a big drop
Comprehensive Analysis of $BTCUSD Price Movements, Halving ImpacIntroduction:
This analysis explores critical factors influencing Bitcoin's price movements, including technical analysis, halving effects, trading setups, and recent market news.
Technical Analysis - BTC/USDT Chart:
Analyzing the BTC/USDT chart, a retracement to $34,000 is expected, forming a potential bull trap. Subsequent downward momentum is foreseen, reaching $29,000-$30,000, attracting smart money.
Further projections include breaking resistances at $50,000, a brief pullback to $44,000 (CME gap zone), followed by a surge to $74,000. A correction to $55,000 ensues, paving the way for continued bullish trends to $81,000-$83,000. A substantial correction is anticipated thereafter.
Halving Information:
The impending Bitcoin halving introduces challenges before the event, emphasizing the need for strategic decision-making, especially in the context of emerging ETF developments.
Trading Setups and Corrections:
Current market dynamics reveal a correction phase nearing completion. Traders should monitor for potential entry points as this phase concludes, setting the stage for the next upward trajectory.
Financial News Impact:
Recent financial news highlights the launch of Salvadoran Bitcoin volcano bonds in Q1 2024 post-regulatory approval. This development could positively influence market sentiment, impacting Bitcoin's price dynamics.
Ethereum's 2024 Prospects:
JPMorgan forecasts Ethereum's outperformance over Bitcoin in 2024, adding complexity to the cryptocurrency landscape and emphasizing the importance of diversification.
Conclusion:
In conclusion, the analysis suggests a nuanced journey for Bitcoin, marked by retracements, bullish phases, and corrections. The impending halving, evolving trading setups, and external factors such as financial news and Ethereum's performance contribute to the dynamic nature of the cryptocurrency market. Traders are advised to exercise caution, stay informed, and adapt strategies to navigate the inherent volatility in the crypto space.
Bitcoin Cash Surges After Whale AccumulationWhile Bitcoin Cash may not be making headlines in 2023, this altcoin is demonstrating optimistic signs starting in 2024. The Bitcoin-named cryptocurrency is undergoing a recovery, currently grappling with a crucial resistance level that has acted as a barrier to its recovery since July. Ahead of the FOMC meeting, investors exhibit caution, reducing risk as evidenced by a 40% drop in trading volume over the past 24 hours. Following the release of U.S. CPI data in November, the price of Bitcoin briefly surged to $42,000 before retracing.
Looking ahead, the prevailing view is that the Fed will maintain interest rates at the target range of 5.25-5.50%. In the latest meeting in November, the FOMC held interest rates steady, consistent with the September meeting, signaling that rates may not change in the near future but remaining open to adjusting this stance based on economic conditions.
The temporary halt in rate hikes is an anticipated outcome, allowing the Fed more time to assess whether the current interest rates effectively curb inflation that poses a threat to economic growth.
The target range of 5.25% to 5.50% was raised during the July meeting, marking the 11th interest rate hike in the 2022/2023 cycle, all aimed at managing inflation. This explains the observed uncertainty in Bitcoin prices.
btcusd analysis. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Bitcoin Holds Strong at $40,000 Amid SEC ETF Anticipation Bitcoin (BTC) continues its upward trend despite early Asian trading hours witnessing severe downturns. The anticipation around the U.S. Securities and Exchange Commission (SEC) approving cryptocurrency exchange-traded funds (ETFs) plays a significant role. Google even hints at this, stating that "advertisers offering cryptocurrency trust funds targeting the U.S. to advertise those products and services" starting January 29, 2024. Notably, this aligns with the expected approval of Bitcoin exchange-traded funds (ETFs) in the U.S. during the same month.
Bitcoin's price bouncing back to the $40,400 low is a healthy reassessment, with the $40,000 psychological level holding as support. If this level remains steady, the idea of a new all-time high could emerge.
While the potential for price increase remains strong for Bitcoin, the Relative Strength Index (RSI) has yet to surpass 70. However, the Awesome Oscillator (AO), displaying significant green histogram bars, indicates the bullish presence remains robust. The RSI may simply stay above 70.
Increased buying pressure at the current level could drive Bitcoin to break through the weekly supply zone ranging from $40,698 to $46,999. A weekly candle closing above the $43,860 moving average will confirm the continuation of the uptrend.
Such a move would set the stage for Bitcoin to turn the weekly supply into a trend-breaking tool, confirmed by action above the $48,725 resistance. In the case of a strong uptrend, Bitcoin may extend to challenge the $66,098 resistance, turning it into support. Conversely, if the weekly supply is defended as a significant resistance zone, Bitcoin may head south, breaking the $40,000 support. A weekly candle decisively closing below this level could push BTC into a downward spiral, possibly testing the $30,000 psychological level.