Get started

Btcusdtlong

The Bitcoin Bull MarketThe probability of the bull market continuation is evident in the chart with higher highs and higher lows. The path to all time highs isn’t always clear and the demand for a COVID esque capitulation grows but I believe it is possible that we may go higher before we go lower. Upside target resistance around 50-52.1k with a 2024 low boundary around 28.6k range. We may be forming a very large inverse head and shoulders structure that targets 170k, should it play out. A bullish perspective for some to consider. No guarantees.
Long
by TheCheartBreaker
BTCUSD: Funds' Bitcoin holdings hit record as ETF predictions Amidst increasing market excitement around the potential adoption of a spot ETF in the US, the total amount of Bitcoins held by funds has reached an all-time high. ByteTree data indicates that in October, holdings of Bitcoin in funds reached a new high of 863,781 BTC, or around $31.71 billion, up more than 20,000. ProShares' Bitcoin Strategy ETF (BITO), with 47,949 BTC valued at $1.41 billion, is the ETF that possesses the most Bitcoin, according to ByteTree. One of the biggest winners from the current market frenzy was BITO last week. Other investment products with BTC worth $960.14 million, $756.08 million, and 603.95 million, respectively, include Bitcoin Exchange Traded Crypto (BTCE), Bitcoin Tracker Euro (XBTE), and Bitcoin Tracker One (XBT).
BINANCE:BTCUSDLong
by Chart_MasterPro
Bitcoin Pole & flag formation, Breakout expected!BTCUSD has started the November month rally towards upper side, It has reached 36k twice in this month and got rejected at the time of writing BTCUSD is trading around 35300.00 Currently 50 EMA is acting as dynamic support for the bull. october month high (35150.00) is aligning with current support level. We can see the pole and flag formation and the clear breakout and retest will invite more buyers into play. Breaking below 35k and the lower side trendline will open the door for the bear.
COINBASE:BTCUSDLong
by forexorbit
BTC will continue to increase stronglyBitcoin ETFs give investors access to the world's largest cryptocurrency without having to hold the assets themselves. Instead, you can buy stocks backed by Bitcoin purchased from the issuer. Seifert pointed out another caveat. Even if the SEC were to approve a rule change to allow ETF trading, it would be completely separate from approval of a fund's registration statement. Both applications must be approved for the pending Bitcoin ETF to begin trading Although it may take months for a Bitcoin ETF to start trading, recent price gains prove that investors are optimistic about this event. BTC rose more than 20% in October thanks to hopes that the long-awaited approval of the Bitcoin Spot ETF may finally materialize. A person familiar with Grayscale's efforts to convert GBTC into a Bitcoin ETF said yesterday that the company is actively discussing the application with the SEC. But a potential Bitcoin Spot ETF isn't just about increasing BTC prices.
BITSTAMP:BTCUSDLong
by AstronautPioneer
1
BTCUSD: November 9 Technical Analysis of BTCThe rise in Bitcoin (BTC) has paused at $36,000, but bulls are not in a hurry to cash in. The number of long-term holders (addresses holding Bitcoin for at least 155 days) is close to an all-time high, while the number of short-term holders (addresses holding coins for less than 155 days) is currently at an all-time low, according to Glassnode analysis, indicating that the supply of Bitcoin is getting tighter. Although the long term appears promising, there may be difficulties in the near future. The open interest in the Bitcoin futures market has increased significantly, surpassing $16 billion as of this writing, based on statistics from CoinGlass. Contributor J.A. Maartunn of the on-chain analytics tool CryptoQuant emphasized on While the price of Bitcoin could drop
BINANCE:BTCUSDLong
by Chart_MasterPro
Bitcoin Update 08.11.2023Analyzing BINANCE:BTCUSDT on a weekly basis is currently one of the simplest but also most effective tasks. This is because Bitcoin generally only fluctuates between support and resistance. In addition, it is fully compatible with the Fibonacci correction. Therefore, I can easily determine how far it will run. The fact that INDEX:BTCUSD has not made a significant movement for 1 week shows us that it will not end its 4-week run before hitting the $38 thousand level. But I cannot recommend anyone to buy here and this is definitely not a buying signal. Because one way or another, this short-term run has come to an end and therefore I am expecting a correction. When I applied a Fibonacci tool to see how far the correction would be, the level I saw was around $31k. This level is both an important support according to price action and the Fibonacci 0.5 level. It should not be forgotten that Bitcoin likes 0.5 much more than Fiboncci 0.618, especially in the weekly time interval. Therefore, I think it will return to the FWB:31K level after the $38k resistance is tested. This level will be a great buying opportunity for me. The FWB:31K level is also the follow-up level of the upward trend that has been continuing since the beginning of 2023. Therefore, a return from this level will also be an indicator that the trend continues. After buying at FWB:31K , my first target will be the $47200 level. I will not try to teach investment strategy to anyone here, but selling at resistances and collecting at supports is my own strategy and is suitable for my risk management.
INDEX:BTCUSD
by YavuzAkbay
BTC 4HR Analysis - Bull Channel Breakout to Weekly ResistanceBTC/USD broke out of the previous trading range to $35,000 and has been in a bull channel continuation pattern since. Just above this bull channel is the weekly bull channel resistance which happens to be a perfect measured move setup from the previous breakout level. The probability is in favor of a breakout to the upside to at least touch the Weekly channel resistance at $37,500. If the price span of the channel is the measurement of the move above the channel, we could see just above $38,000. Key Points: 1. Bull Breakout from the previous trading range 2. Bull Channel Continuation Pattern is playing out 3. Price is near Weekly Channel Resistance just above the bull channel 4. Gap to fill to the Weekly resistance with a Measured Move 5. RSI has Room to Move Up As always, trade at your own risk, you are responsible for your trades. I hope this analysis was insightful and useful. Trade wisely and let us know what you think in the comment section below!
INDEX:BTCUSDLong
by TraderEngineering
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