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BTCUSDT

BTC/USDT 4-hour chart analysis. BTC/USDT trades within an ascending parallel channel, respecting the upper and lower trendlines. Current price: $99,789.68, retracing back towards a crucial support area. The highlighted green area is around $98,000-$100,000, which acts as the channel’s demand zone and mid-range level. 200 MA (green line): Located near $97,830, providing dynamic support. Immediate resistance near the upper channel trendline (~$110,000). Psychological resistance at $105,000, a crucial round-number level. If BTC maintains the $98,000-$100,000 support area, it is set to bounce towards: Short-term target: $105,000. Mid-term target: $110,000, aligned with the upper channel boundary. If BTC breaks below $98,000, further declines to test $95,000 (lower trend line) are possible. A breakdown below the channel will invalidate the bullish trend. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions. For updates on other coins or personalized insights, feel free to reach out via DM. @Peter_CSAdmin
Long
by CryptoSanders9563
Navigating the Current Market Turbulence: A Crypto and Stock MarBitcoin is currently trading at approximately $102,200, reflecting a decrease of 2.36% over the last week. Despite a brief rally reaching highs of $108,367.38, the digital currency has faced selling pressure. The Relative Strength Index (RSI) remains above 65, indicating that BTC might still be overbought, while the Moving Average Convergence Divergence (MACD) suggests bearish momentum could persist. Investors should be cautious as the market shows signs of volatility. For cryptocurrencies, monitoring RSI and MACD indicators can provide insights into potential buying opportunities.
CRYPTO:BTCUSDShort
by pBouDib
EconOptic| We are still in the ascending channel Bitcoin Analysis in the 4-Hour Timeframe Yesterday, Bitcoin experienced a price correction, reaching the lower boundary of the ascending channel, as the midline of the channel lacked sufficient strength to support the price. The observed correction and decline were stronger than the previous upward wave, which may indicate the sellers' dominance. However, since the price remains within an ascending channel and the overall trend is bullish, I do not recommend opening short positions at this time. My first trigger for a short position would be a lower high formation and a confirmed break below the ascending channel's bottom line. For long positions, the safest entry remains above the green line at **107,538**. Alternatively, another viable option could be waiting for price consolidation and the formation of a new breakout trigger, likely around the midline of the ascending channel. This scenario would be ideal if accompanied by a decrease in red candle volume and an increase in green candle volume, signaling momentum building in favor of the trend. i recommend you to use safe stoploss . Conclusion: While the recent correction suggests increasing selling pressure, the overall bullish trend and channel structure indicate better opportunities for long positions. A confirmed breakout trigger with momentum support will provide the most favorable entry for buyers. Thank you for reading this analysis. -EconOptic
Long
by EconOptic
3
Daily Analysis of Bitcoin – Issue 233The analyst believes that the price of { BTCUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
BINANCE:BTCUSDShort
by MoonriseTA
BITCOIN → Bearish Pressure !!!Bitcoin has formed a bearish head and shoulders pattern on the hourly time frame. This pattern could potentially lead to a price drop to around $99,000 after the pattern breaks. But as long as this pattern does not break, we cannot say that the price is bearish. Therefore, we should wait for this pattern to break to confirm a bearish trend. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
4
Bitcoin is Ready to fill CME Gap!!!Bitcoin ( BINANCE:BTCUSDT )is approaching the Resistance zone($105,560-$104,940) , Downtrend line , and Cumulative Short Liquidation Leverage($105,654-$104,709) . According to Elliott's wave theory , Bitcoin seems to be completing wave 4 . Probably wave 4 will end in the Resistance zone($105,560-$104,940) . I expect Bitcoin to go towards filling the CME Gap($103,325-$101,840) AFTER breaking the Support line . ⚠️Note: US indices (Federal Funds Rate, FOMC Economic Projections, FOMC Statement) can affect the trend of Bitcoin; the possibility that the market will get excited when the indices are announced is very high.⚠️ ⚠️Note: If Bitcoin breaks the Resistance zone($105,560-$104,940), we can expect Bitcoin to rise further, especially if Bitcoin touches $106,200.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
14
Bitcoin Breakout: Pullback and Bullish Continuation ExpectedBitcoin has recently broken above its previous trendline of highs, signaling a potential bullish momentum. The price is expected to pull back to retest the trendline as support, around the 92,000 level, before continuing its upward trajectory. If the pullback holds above this support, it could act as a confirmation of the breakout, with a potential target set around the 200,000 level. This aligns with classical technical analysis principles, where a successful retest of a broken trendline often leads to significant upward movement. Key Levels to Watch: Trendline Support: ~92,000 Target Level: ~200,000
Long
by Ara_Swing_Watcher
SUGAR/USDT WILL SURGE TO 0.20 CENTS.To analyze the chart of SugarBoy (SUGARUSDT), let's break it down into key technical components: 1. **Price Action and Trend**: - The current price of SUGARUSDT appears to be hovering around 0.00608 USDT, showing a slight decline in the short term (down -1.46% in the last hour). - However, there are multiple support and resistance levels clearly marked above, which can help identify potential targets for the price. 2. **Moving Averages**: - The chart shows multiple moving averages (12, 26, 45, 78, and 180-period) on the 1-hour chart, which helps smooth out the price action. - **Bullish Signs**: The moving averages are indicating some support around the current price, with the 12-period EMA (Exponential Moving Average) likely acting as immediate support. When the shorter-term EMAs (like the 12-period) are above the longer-term EMAs (such as the 180-period), it could suggest a bullish trend, although it's important to monitor for any crossovers. 3. **Resistance Levels**: - There are strong resistance levels above the current price, starting at 0.00680 USDT, and further up at 0.00733, 0.00805, and beyond. If the price breaks through these levels, it might show strong bullish momentum towards higher targets. 4. **MACD (Moving Average Convergence Divergence)**: - The MACD at the bottom of the chart is showing a neutral stance currently, with no strong bullish or bearish divergence. It’s also hovering around zero, meaning no clear direction is signaled at the moment. - However, a potential crossover or movement in the MACD histogram could indicate momentum picking up, either bullish or bearish, depending on the trend. 5. **Volume and Momentum**: - Volume is crucial in confirming price movements. If volume picks up during a breakout above the resistance levels (e.g., 0.00680 or 0.00733), it could confirm the bullish momentum. - The momentum indicators (like MACD) have shown some slight negative momentum, but if the price begins to rise and the histogram turns green, it could be a sign of increasing bullish interest. 6. **Potential to Reach 0.20**: - While a jump to 0.20 cents (20x from the current price) is a highly optimistic target, investors may be drawn to the chart if they see a consistent trend of breaking resistance levels and a sustained uptrend. - **Critical Price Levels to Watch**: If the price manages to hold above 0.00680 and further crosses 0.00733, there could be a potential for a breakout towards higher levels. Any break of the long-term resistance might ignite further buying interest. ### Strategy for Investor s: - **Short-Term Action**: Focus on the potential breakout above the 0.00680 and 0.00733 resistance levels. If the price crosses these levels, this could be seen as a signal for short-term investors to act. - **Long-Term Vision**: Present the chart with optimism, showing that SUGARUSDT has a solid support base and potential for upward movement. Focus on the upward targets (like 0.0080, 0.011, 0.018) in your messaging. - **Volume Indicators**: Investors may be drawn to large volume spikes if the price breaks higher, so encourage watching volume patterns closely for validation. By highlighting key resistance levels, the importance of moving average crossovers, and the potential for price movement with strong volume, you can present SUGARUSDT as an attractive asset for speculative investment, while also acknowledging the need for careful monitoring of price action in the short term.
Long
by PROFITPULSE10X
BTC Bullrun Top - 2024According to the flag pattern on the weekly timeframe, I believe this is the top of the bull cycle for BTC. Although it may continue to rally further, the flag pattern only provides a prediction as to where the price can go but doesn't necessarily mean the top. However, combined with the bearish divergence forming on the weekly and daily RSI, I am positive that this is TOP for BTC's current cycle. Additionally, if we look at the previous bull runs of BTC, the top is usually in November or December, which adds another confluence to the analysis. Let me know in the comments what you guys think should be the top of this cycle?
INDEX:BTCUSDShort
by oyekhattak
1
Bitcoin Likely to See Slow and Choppy Price ActionBitcoin has re-entered the range zone between $99,108 and $103,033, suggesting that we may experience slow and choppy price action in the coming days. 1. For now, Bitcoin has established support at $99,108, which could lead to increased bullish momentum toward the upper boundary of the range at $103,033. This move could occur from the current price level or after a dip back to $99,108 (dashed green projection). 2. A strong breakout above $103,033 with sustained momentum would turn Bitcoin bullish on the 4-hour chart and could set the stage for a rally toward $107,658, the next significant resistance zone (solid green projection). 3. If Bitcoin fails to hold support at $99,108 and breaks below this level, the chart would turn bearish (dashed red projection). The bulls’ last line of defense is at $97,000. A breach below this level could lead to intensified bearish pressure, driving the price toward the $94,500 support zone (solid red projection). Consolidation within the $99,108 to $103,033 range, with Bitcoin maintaining a moderately bullish bias, could create favorable conditions for Altcoins to perform well.
BINANCE:BTCUSD
by Trade-Lean
BTC MT GOX FEVER - 110K WEN? or 101k NOW?As mentioned on my earlier charts fr, MT GOX did move and mentioned it would come to 103K and so shorts from 108k was too good as said, expecting a small range up. Ideally i would go for shorts to 101,637 but ugh huge tpo are lying here so expecting solid green candle, ideal my scenario is to short again on the highs and if vol comes would book SL. SO If i speak english i short now and wait till 101k and if not i give up at 104k which i know is happeneing but i still want to.. IDeally the news fever is gone so neutral view but still can churn ways out.
Short
by MastaCrypta
Analyzing Bitcoin's price to 200K$Analyzing the BTC/USD Chart A very interesting pattern is forming on the BTC/USD chart, particularly on the 1-month time frame. After analyzing the chart and considering Bitcoin's historical behavior, I believe we're currently within an uptrend channel—a trend that has been intact for several years now. The price has been consistently making higher highs and higher lows, suggesting strong upward momentum. This is a significant indicator of Bitcoin's long-term bullish trend. Larger Timeframe Pattern: The Triangle Formation Looking at the larger time frame, I observe that a triangle pattern is gradually taking shape. These triangles typically form during periods of consolidation, where price action compresses within converging trendlines. This suggests that we're witnessing a significant pattern of indecision between buyers and sellers. Crucially, triangles often lead to a breakout once the price is forced to move beyond the confines of the pattern. Given Bitcoin’s history of explosive moves following periods of consolidation, it seems plausible that we are on the verge of another major breakout. Anticipating a Breakout and Price Movement If the triangle pattern continues to develop as expected, I anticipate that Bitcoin could break to the upside, potentially seeing substantial price appreciation in the coming years. The extent of this breakout will depend on how the market reacts as the triangle continues to tighten. If sustained demand and interest continue—especially from institutional investors—the breakout could be significant, driving Bitcoin’s price even higher. Why Bitcoin Could Reach $200,000: Key Factors I believe there is a strong case for Bitcoin reaching $200,000 for one BTC within the next few years. Here’s why: a. Long-Term Uptrend Channel Bitcoin has demonstrated an ability to remain in an uptrend for long periods, even amidst volatility. The structure of higher highs and higher lows points to an ongoing bullish trend, driven by factors such as increasing adoption, technological advancements, and growing recognition of Bitcoin as a store of value. b. Institutional Adoption Major institutional players are increasingly embracing Bitcoin. Companies like MicroStrategy, Tesla, and Grayscale have purchased significant amounts, and platforms like PayPal and Fidelity have integrated Bitcoin into their offerings. As institutional demand continues to grow, it could drive Bitcoin’s price much higher. c. Scarcity and Supply Dynamics Bitcoin operates on a deflationary model, with a fixed supply of only 21 million coins. As demand increases, especially with Bitcoin’s growing use as a hedge against inflation, its price should naturally rise. The increasing amount of Bitcoin held long-term by investors and institutions reduces the available supply in the market, which could further drive up prices. d. Global Economic Trends The current macroeconomic environment, with rising inflation and potential fiat currency devaluation, makes Bitcoin an increasingly attractive alternative asset. Bitcoin is being viewed more and more as a “safe haven” asset—similar to gold—which strengthens the case for higher prices as more people look for stores of value outside traditional financial systems. e. Technological and Network Upgrades Bitcoin continues to evolve with improvements like the Lightning Network, which enhances scalability and transaction speeds. As Bitcoin’s infrastructure grows, its real-world use case increases, making it more valuable and usable for daily transactions, which in turn could further elevate its price. f. Psychological Factors and FOMO The Fear of Missing Out (FOMO) is a powerful force in financial markets, especially in the cryptocurrency space. As Bitcoin’s price begins to climb toward higher levels, it will likely attract more retail and institutional investors, accelerating its growth. A significant rally towards $200,000 could be fueled by this psychological factor. Conclusion: The Road to $200,000 While Bitcoin's price movements are never without volatility, I believe that if it continues to follow the patterns we see on the chart, the breakout from the triangle could drive Bitcoin's price to $200,000 or even higher in the next few years. The fundamental factors supporting Bitcoin’s long-term growth—such as institutional adoption, scarcity, economic conditions, technological upgrades, and FOMO—make this projection plausible.
COINBASE:BTCUSDLong
by Adilforgood
Alikze »» LTC | Ready to defeat the dynamic triggerIn time W1, after a three-wave correction cycle, now after an upward movement with the failure of the swing and pullback, it has encountered support in the area of 61.8 Fibo, which must now be above the $75 range to break the dynamic trigger. Consolidate to advance to the $100 range supply zone. Therefore, if it is placed above the area, it will have the ability to grow up to the specified supply area. We should probably see a demand for failure in this area. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by alikze
6
Possible short-term BTCUSD HEAD AND SHOULDERS PATTERN formed.Please see attached chart. BTCUSD 1-4hr timeframe. There could well be a possible H & S pattern that takes us from the neckline of around $104k down to the $99-101k buy-in zone. This area also aligns with the 50% fib, charted from the recent swing low of $94,300 to swing ATH of $108,360 Max volume profile area also aligns at $101,000. Longs opened at $103-104k, with further entry long limits set at 99-101k, expecting 107-108k retest for subsequent take profit. Will let anything that breaks 108k run beyond with stops adjusted as necessary. Thanks.
BITSTAMP:BTCUSDLong
by liberty_trader_2024