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BTCUSDTPERP

Bitcoin Cycles Point to the Next Trough:1. Market Structure: 1.1 HTF Analysis: Bitcoin has been trading in a downward-sloping channel Since March of 2024. Bitcoin failed to break out above the channel resistance four times. “The trend is your friend until it ends.” There is no evidence to suggest that the current trend will be different. Bias: Short. Figure 1: BTC HTF M.S. 1.2 LTF Analysis: The Daily chart is bullish. Bitcoin held the 60K HL and made a double bottom. As long as the 60K support holds, the bias is bullish. Bias: Long. Figure 2: BTC LTF M.S. 1.3 M.S. Summary: The LTF is bullish, and there is no sign of weakness yet. Initiating a short position is premature, but profit-taking at the top is a no-brainer. Invalidation: Breakout above 69K and successful retest. 2. Support and Resistance: 2.1 Resistance: Dynamic Resistance: Channel resistance at 68.2K Horizontal Resistance: Between 69K and 70K. 2.2 Support: Horizontal Support: 60K Horizontal Support: Between 57.5K and 59K. Dynamic Support: 58K. 2.3 Support and Resistance Summary: Bitcoin is at resistance. At this point, there is no clear sign of rejection. As we get closer to the cycle’s completion (from October 18th), I expect BTC to generate signs of weakness. Figure 3: Bitcoin Support and Resistance Levels 3. Bitcoin Short Cycles: 3.1 60D Cycle: The 60D cycle began on September 6th. This cycle is 60% complete. The Next cycle trough will likely be on November 8th. Bias: Short, but not yet. Figure 4: Bitcoin 60D Cycle 3.2 100D Cycle: The 100D cycle Began on August 5th. This cycle is 70% complete. The next cycle trough will likely be on November 13th. Bias: Short. But not yet. Figure 5: Bitcoin 100D Cycle: 3.3 Cycle Summary: The odds favor a decline since the 60D and 100D cycles are in their final phase. If not immediately (Friday, October 18th), then as soon as next week (August 20th). 4. Volume: A high-volume node with little or no price movement can signal a coming top in an uptrend. The high-volume node on October 15th did not lead to a breakout, which signals weakening demand. There is no bearish divergence. Bias: Neutral Figure 6: Bitcoin Price Volume: 5. Momentum: 5.1 Daily RSI: Healthy. RSI is above 50, not oversold, and shows no bearish divergence. Figure 7: Bitcoin Daily RSI 5.2 4H RSI: The 4H TF RSI is oversold and shows a weak bearish divergence. Figure 8: Bitcoin 4H RSI Bias: Neutral 6. OI: A weak bearish divergence between price and OI/ Bias: Neutral. Figure 9: Bitcoin OI Summary: Although Bitcoin is in the process of topping out, there isn’t enough evidence to support placing a short trade. However, it is advisable, in my opinion, to TP.
by NewThoughtCrypto
Bitcoin Cycles Point to the Next Trough:1. Market Structure: 1.1 HTF Analysis: Bitcoin has been trading in a downward-sloping channel Since March of 2024. Bitcoin failed to break out above the channel resistance four times. “The trend is your friend until it ends.” There is no evidence to suggest that the current trend will be different. Bias: Short. Figure 1: BTC HTF M.S. 1.2 LTF Analysis: The Daily chart is bullish. Bitcoin held the 60K HL and made a double bottom. As long as the 60K support holds, the bias is bullish. Bias: Long. Figure 2: BTC LTF M.S. 1.3 M.S. Summary: The LTF is bullish, and there is no sign of weakness yet. Initiating a short position is premature, but profit-taking at the top is a no-brainer. Invalidation: Breakout above 69K and successful retest. 2. Support and Resistance: 2.1 Resistance: Dynamic Resistance: Channel resistance at 68.2K Horizontal Resistance: Between 69K and 70K. 2.2 Support: Horizontal Support: 60K Horizontal Support: Between 57.5K and 59K. Dynamic Support: 58K. 2.3 Support and Resistance Summary: Bitcoin is at resistance. At this point, there is no clear sign of rejection. As we get closer to the cycle’s completion (from October 18th), I expect BTC to generate signs of weakness. Figure 3: Bitcoin Support and Resistance Levels 3. Bitcoin Short Cycles: 3.1 60D Cycle: The 60D cycle began on September 6th. This cycle is 60% complete. The Next cycle trough will likely be on November 8th. Bias: Short, but not yet. Figure 4: Bitcoin 60D Cycle 3.2 100D Cycle: The 100D cycle Began on August 5th. This cycle is 70% complete. The next cycle trough will likely be on November 13th. Bias: Short. But not yet. Figure 5: Bitcoin 100D Cycle: 3.3 Cycle Summary: The odds favor a decline since the 60D and 100D cycles are in their final phase. If not immediately (Friday, October 18th), then as soon as next week (August 20th). 4. Volume: A high-volume node with little or no price movement can signal a coming top in an uptrend. The high-volume node on October 15th did not lead to a breakout, which signals weakening demand. There is no bearish divergence. Bias: Neutral Figure 6: Bitcoin Price Volume: 5. Momentum: 5.1 Daily RSI: Healthy. RSI is above 50, not oversold, and shows no bearish divergence. Figure 7: Bitcoin Daily RSI 5.2 4H RSI: The 4H TF RSI is oversold and shows a weak bearish divergence. Figure 8: Bitcoin 4H RSI Bias: Neutral 6. OI: A weak bearish divergence between price and OI/ Bias: Neutral. Figure 9: Bitcoin OI 7 Summary: Although Bitcoin is in the process of topping out, there isn’t enough evidence to support placing a short trade. However, it is advisable, in my opinion, to TP.
by NewThoughtCrypto
2
Bitcoin Ready to Pump!!!Bitcoin ( BINANCE:BTCUSDT ) managed to break the Upper line of the Descending channel and 200_SMA(Daily) . Bitcoin is attacking the Heavy Resistance zone($67,400-$64,740) . In terms of Elliott wave theory , Bitcoin seems to be completing microwave 5 of the main wave 3 in the 15-minute time frame , so main wave 3 seems to be extended . I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ) after the correction . 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.
Long
by pejman_zwin
21
$BTC Daily UpdateSo BTC Price Action has been played out as expected so far. You could check my previous analysis for more information. Very strong bearish momentum after mitigating premium and unmitigated daily supply range that we have been waiting for. Price have collected a lot of internal liquidity in Dailly Fractal Structure and I assume the next level price might go is down to $44.000 There is daily flip demand zone at the level of 62.000 - 63.300, and we might get a bullish reaction from that level, but I personally think that level will be used as liquidity and price to mitigate 59.000 - 61.300 demand range. And that is where we could get a bullish reaction If we get any. Do not try to catch any longs before getting any bullish reaction from the demand zones. Shorts from 65.200 - 68.000 more probable imo
Short
by alplaila
#BITCOIN DAILY UPDATE.#BTC daily candle closed at $66452 which is bullish in the short term. It is likely to hit the $68K level. Once that target is reached, the price could push for a new all-time high. However, there’s also a chance of a quick retest at the $61K level—potentially forming a long wick followed by a sharp bounce. Keep this scenario in mind and remember, Bitcoin is still trading below resistance. Trade carefully. Cheers! Do hit that like button if you like it and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
Bitcoin - Fakeout? MUST WATCH !!A recent surge in the price of BTC is sparking hope for that final impulse wave UP I've been talking about. However, there's a catch - one KEY thing will need to happen in order to convince me this is not just a fakeout, aimed at liquidating shorts. The previous BTC update was focused on two scenarios, with the GREEN showing a possibility of realizing: Reclaiming the moving averages in the daily is a good sign - but again, we've been falling under-and-over for the last few weeks, unable to stay above the 200d MA for longer than a few days: ___________________________ BINANCE:BTCUSDT
by CryptoCheck-
13
#BTC short structure destroyed📊#BTC short structure destroyed✔️ 🧠From a structural point of view, we broke through the short defense point, which means that the short structure at the 4-hour level was destroyed, that is to say, there is no short structure at present, no matter how it rises, it is reasonable, so please be cautious about shorting unless a new short structure is built. ➡️The reason why we shorted is that we missed this upward trend and wanted to wait for a pullback to enter a new long trade, but the market development was not as expected. ➡️At the same time, this also shows that there is not much profit in counter-trend trading, and we still need to be vigilant at all times. Our short orders are all set after locking in the main profits, and then setting the break-even or moving down the SL. Strict risk management can allow us to go further. Let's see👀 🤜If you like my analysis, please like💖 and share💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Long
by wolf_king888
$BTC Daily Analysis UpdatePlease do check my referred CRYPTOCAP:BTC analysis back two days Daily Swing is Bullish We have now mitigated the Daily supply that might cause bearish pressure to the demands down below, which will be long position opportunities once we hit the daily demands. But remember, Daily Internal and Fractal Structures are still Bearish and this recent bullish momentum could be only to mitigate upper Daily Supply zones As we have internal fractal switched to Bullish now, I play longs till price mitigates the premium daily supply and we get 4H bearish momentum to kick in I have tried to explain my expectations on the chart Please do comment If you would like to discuss any trade idea
Long
by alplaila
Bitcoin (BTCUSDT) Ready to Explode? Massive Gains on the HorizonThe current BTCUSDT setup shows a bullish momentum on the Risological Swing Trader following the entry point at 61,732.3 on 11th October. The price has moved steadily upward, reaching the first take profit (TP1) level at 63,482.7, which confirms the continuation of the upward trend. Key Support and Resistance Levels Entry Level: The trade entered at 61,732.3, representing a critical support level where buyers stepped in to drive the price higher. This region coincides with a prior consolidation, giving confidence to the bullish breakout. Stop-Loss (SL): Positioned at 60,316.2, this acts as a strong downside protection level, slightly below the consolidation zone to avoid premature exit. Trailing Stop: The trailing stop is now placed at 62,038, and will continue moving upwards as price action progresses. This method locks in profits while allowing for additional upside potential as BTC moves towards higher targets. Trend Analysis The price is above the Risological dotted moving average support line, confirming a healthy uptrend. BTC has made consecutive higher highs and higher lows, indicating strong bullish momentum. The current breakout from the 61,732 entry zone hints at further upside potential. As BTC moves toward TP2 at 66,315.0, we can anticipate continued bullish behavior if broader market conditions remain favorable. Targets and Profit Zones The immediate target was TP1 at 63,482.7, which has been hit or surpassed, giving confidence to the bullish scenario. Next, TP2 at 66,315.0 serves as the next resistance level where some profit-taking might occur, followed by TP3 at 69,147.4 and the ultimate TP4 target at 70,897.7. Risk Management The trailing stop set at 62,038 ensures that even in the case of a pullback, the trade will lock in gains. This dynamic risk management allows the trader to maximize profit while minimizing potential losses. With BTC showing strong momentum, moving the stop closer to the price is a sound strategy to protect profits. Conclusion Overall, Bitcoin continues to show strong bullish signs as it heads toward the next resistance levels. The key will be monitoring the price action near TP2 and adjusting the trailing stop as needed. If momentum remains intact, we could see BTC testing the higher targets of 69,147.4 and 70,897.7
Long
by ProfitsNinja
3
Bitcoin Bear Trap: A Historical Pattern Suggests a Rally Ahead!BTCUSDT technical analysis update. The Puell Multiple is a metric that compares the daily issuance of Bitcoin (in USD) to the 365-day moving average of that same issuance. When the Puell Multiple is low, it often indicates that Bitcoin is undervalued, signaling a potential accumulation phase or a bear trap. Conversely, a high Puell Multiple suggests overvaluation, often preceding market corrections. Currently, the Puell Multiple shows that Bitcoin is trading at levels consistent with previous bear traps in its market history. This pattern has appeared in the last three cycles of Bitcoin, where price action initially suggested bearish momentum before reversing sharply into a bullish trend. In the previous cycles, the Puell Multiple signaled bear traps, allowing traders to identify key accumulation points. Following these signals, Bitcoin experienced significant bullish rallies, highlighting the indicator's reliability. With the current Puell Multiple levels indicating a bear trap, we could be on the brink of a bullish rally in the coming days. Regards Hexa
Long
by HexaTrades
10 Essential Tips for Futures Trading | Beginner-Friendly Guide!🚀 10 Essential Tips for Futures Trading | Beginner-Friendly Guide 🚀 As a crypto futures trader, you have the potential for high rewards—but the risks are equally significant. Whether you're just starting or looking to sharpen your skills, here’s a beginner-friendly guide to help you trade futures like a pro! 1️⃣ Leverage with Caution Leverage allows you to trade more than your actual capital. While it amplifies profits, it also increases the risk of significant losses. Start with low leverage (1x to 2x) and increase only as your experience and confidence grow. Pro Tip: Use leverage responsibly. Small moves can lead to big impacts on your account balance! 2️⃣ Master Risk Management In futures trading, preserving your capital is as important as making profits. Always use stop losses to limit potential losses and never risk more than you can afford to lose. Successful traders manage risk first, profits second. Pro Tip: Limit your risk to 1-2% of your total capital per trade to survive market volatility. 3️⃣ Understand Market Sentiment Emotions highly drive crypto markets—fear and greed can cause massive price swings. Stay on top of market sentiment by following news, social media, and community discussions. Pro Tip: Use sentiment analysis tools and observe the fear/greed index to time your trades better. 4️⃣ Learn Technical Analysis To succeed in futures, learning chart reading is essential. Focus on key indicators like support/resistance levels, moving averages, and volume trends. These help you make informed trade decisions. Pro Tip: Keep your charts clean—use just a few key indicators to avoid confusion. 5️⃣ Stay Disciplined Trading without discipline is a shortcut to losses. Develop a strategy and stick to it, even when the market is volatile. Avoid emotional decisions like panic selling or revenge trading. Pro Tip: Journal every trade—track what works and what doesn’t, and improve your strategy. 6️⃣ Know Your Funding Rates Funding rates in perpetual futures can either work for or against you. When the funding rate is positive, longs pay shorts, and vice versa. Keep an eye on these rates as they can affect your overall profitability. Pro Tip: If the funding rate is too high, it might be better to wait for a better entry. 7️⃣ Understand Exchange Rules Different exchanges have different margin requirements, liquidation prices, and fees. Make sure you fully understand the platform’s rules and how they apply to your trades. Pro Tip: Always double-check liquidation prices before opening large positions. 8️⃣ Hedge Your Risk Hedging is a strategy that protects your portfolio from adverse price movements. For example, if you're holding Bitcoin, you can open a short position in futures to balance your risk in case the price drops. Pro Tip: Use hedging to minimize risk during uncertain market conditions, but avoid over-hedging. 9️⃣ Watch Open Interest and Volume Higher open interest shows a growing trend, while low volume can indicate weak market conviction. Use these metrics to confirm your trades and gauge market strength. Pro Tip: Combine open interest with volume for more reliable trade signals. 🔟 Keep Learning & Evolving Crypto markets evolve rapidly. Always stay up-to-date on the latest trends, tools, and strategies. Join trading communities, watch educational content, and continuously improve your knowledge base. Pro Tip: Follow experienced traders, read trading books, and practice in demo accounts before going big. --- CONCLUSION: Futures trading in crypto offers immense potential, but it requires skill, discipline, and constant learning. With these 10 essential tips, you’ll be better prepared to navigate the volatile world of crypto futures trading and enhance your profitability. 🚨 Risk Disclaimer: Futures trading involves substantial risk and may not be suitable for everyone. Always trade responsibly. 🚨 If you want more such educational posts, Trades and Top-notch Bitcoin updates, Hit that like button! Follow me if you're reading this for the first time! Thank you #PEACE
OANDA:BTCUSDLong
by Cryptorphic
BTC VERSUS DESTINY C*HELLO tradingviewers (Tvs) First of all world is now at the chaos . As you remember ,unfourtanetly last year Russia hit the Ukraine :( and after that coins blow up , now we are at the same situation Our analysis also show us that I am not like other traders , They always say If btc up or If btc down they are just mumblıng .... No need to over explain for pages . THATS the chart thats the analysis Take care Crypto brotherhood Welcome to brotherhood .....
BINANCE:BTCUSDLong
by MasterofChartss
BTCUSDT (bitcoin): a perspectivehello guys. Price Action Overview: The chart shows Bitcoin within a rising wedge pattern, with the price nearing a key resistance level. A potential pullback is expected in the near term, as highlighted by the downward arrow, before the price potentially retests lower trendline support. Bearish Scenario: The price could see a correction from the current level back to the 58,600 - 57,800 USDT support zone. This is suggested by the wedge pattern, often signaling a potential reversal or pullback before a larger move. Bullish Scenario: If the price finds support at these levels, we could see a bounce, leading to a breakout above the wedge towards 68,000 USDT, as indicated by the larger upward arrow. Market Sentiment: In the short term, traders should be cautious of the possible pullback, but the larger trend remains bullish if the wedge holds and the price respects the lower trendline support.
by melikatrader94
19
$BTC DAILY ANALYSISDaily Swing is Bullish , Daily Internal Bearish After Bullish BOS ( Break Of Structure ), we are having corrective pullback to the downside and price already has mitigated weekly demand range in August. Although a deeper mitigation to the level of $44.000 is very likely imo, we are currently bullish in recent minimal structure so if price keeps pushing and we get a daily candle closure above $64.450, I personally don't think the supply zone between 64.800-66.400 will cause a strong bearish momentum. And I will be following the price in LTF to catch any short positions in this recent daily supply zone, but longs are more probable as I don't think this supply will hold for long. The main Supply range, 67.000 - 70.000, is where I will be looking for confirmation short setups until I see daily internal structure switch to bullish.
Long
by alplaila
How to trade after #BTC surges?📊How to trade after #BTC surges? 🧠Although my subjective opinion is bullish, I didn't expect it to rise so sharply yesterday, and without any structure as support, the possibility of a subsequent pullback has increased. Yesterday we tried to place some short orders in the resistance zone. We originally wanted to make a short-term pullback, hoping to build a bullish long structure and then participate in new long transactions, but the final development was not as expected. Therefore, our short orders were closed near the cost price, and we did not lose money. It was a pity that our long orders were closed in advance, but trading is like this. ➡️The trading volume will be much lower on the weekend, and it is likely to be a complex consolidation stage again. From a structural perspective, the short structure at the 4-hour level has not been broken, so there is still an expectation of a decline. If you want to short, you can only focus on the heaviest resistance area around 64,000 ➡️If we fall early from here, the support area we can focus on is around 60,000-61,000 Let's see👀 🤜If you like my analysis, please like💖 and share💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Long
by wolf_king888
When Will Bitcoin Hit Its Next Peak?The BTC weekly chart with the Pi Cycle Indicator has historically been a reliable tool in predicting major Bitcoin market cycle highs and lows. As shown in the chart, this indicator successfully marked the peak of Bitcoin bull runs and bottom of bear markets during the last three major market cycles. The green markers on the chart labeled "Pi Cycle High" correspond to moments where Bitcoin reached its cycle top. These highs occurred during 2013, 2017, and 2021, right at the peak of major bull markets, suggesting the effectiveness of the Pi Cycle indicator in identifying sell zones. The blue markers labeled "Pi Cycle Low" signal the exact periods when Bitcoin hit its bear market bottom, seen in 2015, 2019, and potentially in 2022. These points provided strong buy opportunities before the market entered a new bull phase. Bitcoin currently trading above $62,000, the Pi Cycle Indicator has not yet signaled a new cycle high. This suggests that Bitcoin could still have further upside potential before reaching its next peak. If the historical pattern holds, we might expect Bitcoin to continue rising over the next year before the Pi Cycle High indicator signals the next top, potentially in mid to late 2025. Keep a close eye on the Pi Cycle indicator, as it could once again provide crucial signals for a peak in this cycle. Regards Hexa
CRYPTO:BTCUSD
by HexaTrades
#BTC ideal target zone has been achieved📊#BTC ideal target zone has been achieved✔️ 🧠From a structural point of view, the goals of the short structure at the hourly level have all been achieved, so there is an expectation of rebound, so be cautious in chasing shorts! However, a larger short structure has appeared at the 4h level, so even if we want to be bullish, we need to be conservative . ➡️The entry point for yesterday’s long order was not very good, and I added a position near the ideal buying zone once, and the position was relatively heavy, so I closed the position first and looked for trading opportunities again. A small profit and no loss will be enough. ➡️ The short-term pressure area is 61300-62300 The short-term support area is 59400-60250 Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Long
by wolf_king888