BTC Bitcoin Technical Analysis & Trade IdeaWelcome to this video, where we will be looking at BTC Bitcoin paired with the USD. Currently, we can see that it has traded up to a significant resistance level. Below this level, there is a price gap and sell-side liquidity in the form of stop losses, which could attract bigger players. Throughout the video, we will analyse the trend, price action, market structure, price gaps, and touch on a potential trade opportunity. It is important to note that everything discussed in the video is solely for educational purposes and should not be interpreted as financial advice.
Btcusdtrade
BTCUSD.....4h= Analysis of Bitcoin against the US dollar on the 4-hour chart
= The analysis is based on trend analysis and Dow and Wyckoff laws
= Bitcoin is currently invalid as long as it is in the horizontal path in the red area
= It becomes for buying if the red area is crossed upwards, and it becomes for sale if the red area is crossed downwards
= Relegation is a re-test
BTC: Is it about to start a decline?
After a long period of fluctuation, the market has finally started to experience a downward adjustment. If you have a short position, you can now breathe a sigh of relief. My personal recommendation is to take advantage of this opportunity to reduce your position on dips.
As for long positions, we can start building positions now. The key support level is at 25K. Conservative traders can wait for the market to adjust to around 25-25.5K before entering the market, while those with large funds and aggressive strategies can directly buy on dips below 27K. Control your position size and aim for a breakout above 30K. I will continue to update my views and strategies on Bitcoin.
I have already started a million-dollar challenge, where I will operate an account and aim to earn a profit of 10 million within a month. A viewing account will be provided to allow everyone to experience how large capital positions can generate profits in the market. Let's witness it together!
BTC, Laught now, Cry laterBTC last correction is ending, next is heading to negative value
As we can see, comparing to oil chart during the covid crash, when in extreme market conditions, too much "dumb money" on same side, sharks take use of that to make big money while all the dumb money bets on the same side.
100k+ calls are a good example of the dumb money here in this market conditions when DXY is preparing a next leg to the upside.
I expect same conditions as it happened on oil during 2020, more the price falls, more longs will be added to the market, market will get irrational and drop as much as it needs to get all longs out, bellow 0 is a good number to get everyone out of longs
A good trade now, a short at any price, SL placed above 30k
And TP bellow 10k
Check previous charts as I predicted euro crash before it happened as well during 2021
Million challenge: Buy BTC @27K
In the short term, the rise of Bitcoin has been hindered and there has been a slight correction as the upward pressure is capped at 28,500. It has been emphasized in previous articles that 25K has become a short-term bottom, and the operation still considers buying on dips as the main strategy, with a target of 30K in mind.
I have already started a million-dollar challenge, where I will operate an account and aim to earn a profit of 10 million within a month. A viewing account will be provided to allow everyone to experience how large capital positions can generate profits in the market. Let's witness it together!
BTC BTC and every crypto, stock, or forex pair you will see just constantly repeats itself.
All of these similarities are simply undeniable. If you dont trust yourself, you can at least trust recent data and evidence.
All the algorithms stay the same, the structures are coded into the market before they occur. Their algorithms only work if they are consistent (repetitive).
The best strategy to follow at the momentThere are two major supports on the weekly chart
-The first: 0.382 FIB, which is at $27,000
-The second: 200MA, which is located at $25,400
- If we maintain the first support (27k), I will activate the strategy of (70%-30%)
meaning...
I will insert 70% of the wallet into btc, eth via DCA...The remaining 30% I will keep for emergencies and crises
-But if we cannot maintain it, we will quickly move to 25k support
- For 25k support
-If we maintain it, I will activate the (70%-30%) strategy as well
-But if we break it and trade below it, this means that all the previous pump was just manipulation, and then I will change that strategy and I will update it here
The possibility of bitcoin falling to the k21-18k level is still there, and if the economic recession in the USA is confirmed, a new bottom will be formed.
BTCUSD- Upcoming Big Reversal on Bitcoin!!! hey everyone, BITCOIN spiked up due to collapsed of SVB BANK alongside gold, this is due to the uncertainty that market created. As we are looking for upcoming moves we are expecting prices to be bullish until 28k after we have where we believe that price will reject.
GOOD LUCK AND HAPPY TRADING.
Take advantage of Bitcoin's current transactional opportunitiesBecause it was too late to write a specific analysis just now, I reminded everyone in my channel to short the current price of Bitcoin. Then friends who keep up with the pace of trading, Bitcoin is basically shorting at the position above 28600.
Let me give you a detailed analysis of why Bitcoin is shorted in the short term at this position.Judging from the recent trend, the daily line has had an upper shadow line on the closing line for 6 consecutive trading days, proving that the upper pressure is strong enough.It is difficult to make an effective breakthrough upward in a short period of time, and yesterday's negative K-line proved that even if the currency price wants to continue to break upward, it will take a certain amount of time to make a pullback correction so that the currency price can accumulate upward momentum.
On the other hand, the price is overbought, which may also lead to short selling in the short term, thereby suppressing the price of Bitcoin.But there is strong buying support below. So here I think that Bitcoin will have a certain pullback and correction trend at least in the short term.In this regard, we can fully seize short-term trading opportunities to obtain benefits.
In the short-term processing, the pressure of 28700-28900 is concerned above, and the support of 27800-27300 is concerned below.
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Btcust distribution on daily time framebtcusdt formed distribution on daily timeframe now the price is on utad area .. if price respect bellow 29400 then
btcusdt ll no more bullish ,, the structure ll be change..
if it happened then price ll go down for lower low 12k 9.7k round about ...
not a financial advice just it is for the learning purpose
The price of Bitcoin is brewing the next upward trendJudging from the recent trend of Bitcoin, it has been dealing with narrow fluctuations. It seems that the pressure on the top is relatively strong, making it difficult for Bitcoin to break through effectively in the short term, and the long-term ability seems to have been consumed.
In fact, from a cyclical point of view, since Bitcoin rose from the 19550 position, many times on the way up, it will make certain retracements or pauses to consolidate the bottom foundation to support Bitcoin to continue to maintain its upward trend.Although Bitcoin has paused recently, the short-term low is constantly rising, and in the process of testing the low, it has not destroyed the upward trend, so the current trend of Bitcoin is still healthy.
So overall, for Bitcoin's recent narrow volatility treatment, it is very likely that the next upward trend is brewing, and it is expected to hit the 30,000 position.In the short-term treatment, the lower support is near 27900-28000, and the initial pressure above is at the 29000 integer mark.
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.