BTC retest to 27K, then a real BULL will hit the BEAR. Hi Traders,
I will keep it simple, this is not a reading course, just check the chart and understand.
Bearish signs
Weekly candles showing weakness after massive green candles, doji and little hammers appear at the top.
Stoch RSI is clearly representing us that there must be a decrease in price, but to what level?
That is why i use Ichimoku Cloud. Probably, we will staying between the red cloud, maybe reaching its bottom in the next 1-3 weeks, but then i assume it will keep increasing.
What about next year? well, ETF, BTC Halvening, XRP trial and so many more could appear.
Now who is holding BTC either a HODLer or a very great investor. Right now this is not a playground of people who don't understand the market as we saw in 2021 and before. When the price of BTC and everything start to increase, this again became a playground, and keep in mind that as always, there are more people who lose money here than who not, this is the nature of the market.
Share your ideas, and check my others.
Btcusdtshort
🗺️Bitcoin Roadmap🗺️⏰(15-minute time frame)⏰💡For the umpteenth time, Bitcoin is trying to break the 🟡 Price Reversal Zone(PRZ) 🟡 and a cluster of important Resistances (Pivots) . But in my opinion, Bitcoin needs to have a deeper correction, at least up to the $34,000 price channel , to break this critical area.
🌊In terms of Elliott wave theory , Bitcoin seems to have completed its five-impulse wave at 🟡 Price Reversal Zone(PRZ) 🟡.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
⏰If we look at the 4-hour time frame , we will realize that Bitcoin has managed to form an Ascending Triangle Pattern so that point D is now confirmed. So it can be expected that bitcoin will have a minimum drop to the lower line of the triangle, and if the lower line breaks, we can wait for the 🟢 Support zone($36,000_$35,560) 🟢 to break, and if it starts to increase again from the lower line, we can wait for the 🟡 Price Reversal Zone(PRZ) 🟡 to break .👇
🔔I expect Bitcoin to drop to at least the end of wave 4 in the coming hours after breaking the uptrend line and once again attack the 🟢 Support zone($36,000_$35,560) 🟢 and Support lines .
❗️⚠️Note⚠️❗️: If Bitcoin can go above $38,520, we can hope that the 🟡 Price Reversal Zone(PRZ) 🟡will be broken and my scenario will change.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin is Ready to ⚔️Attack⚔️ to Support zone⏰(1-Hour)⏰✅As I expected, Bitcoin could NOT break the previous Top and important 🟡Price Reversal Zone(PRZ) 🟡.
🏃♂️Bitcoin has been moving in an Ascending Channel near the 🟡Price Reversal Zone(PRZ) 🟡for the past few days but managed to break the ascending channel and Support line(1) a few hours ago.
🌊According to Elliott's wave theory , all the waves inside the ascending channel formed a Double Three Correction(WXY) .
💡As in my previous post, Bitcoin still has a chance to fill the first 🔵CME Gaps🔵.
🔔I expect Bitcoin to gradually approach the 🟢 Support zone($36,000_$35,560) 🟢 and Support line(2) and eventually break them.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin UPDATE Hello guys.
How are you doing?
I hope you feel great and always be happy and successful.
today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin.
So, as I always said it's not financial advice. please just read and do based on your strategy.
So, Let's go into details.
➖➖➖➖➖➖➖➖➖➖➖
I drew this Fibonacci channel a few months ago.do you remember that?
what a fabulous reactions.
You can find the bottom of Bitcoin easily.
please draw it on BTCUSD. and the price must be on the line chart.
after breaking line 1 (at the top of the first channel) the price changed the trend to complete the pull-bach to the top of the channel.
I expect that the maximum of this movement will be 38300 and then reverse the trend again.
But, if the price succeeds in closing above 38300 by a God Candle (a full candle without shadow at the top and the bottom) and the volume confirms this breakout, I believe that the price can go higher and the first target will be around 47000 and then 58000.
but, it's just a scenario and I don't think the price succeed in closing above the 38300.
by the way, I want to tell you something special.
Every time the stochastic managed to touch the 70 level (and above) and then reverse on the monthly time frame, we had a huge drop.
Please check it out at the below link. (Minimum 84%)
And the consequence is that I expect the trend will reverse soon. That's my idea. and the market maker played this rule to import the money into this game. and burn it.
please think about that carefully. and know that Opportunities in the market flow smoothly like a river.
Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends.
And Tell me do you agree with me or Not?
Please don't hesitate to write your comments below.
❤️❤️ Wish you the best ❤️❤️
Sincerely Yours
Ho3ein.mnD
Bitcoin targets for correctionBitcoin after 222 days range hit 27 zone. Now I would like to see correction BINANCE:BTCUSDT.P
Possible Targets and explanation idea
➡️Over 200 days in a range! We move impulse sideways Impulse.
➡️Its a daily timeframe only local zones. Main zones 48-52K by end of year or April May 2024 still relevant
➡️Now we are in a market stage when Bears and Bulls will loose the money
➡️Consensus about "we can't move higher" will be soon from both camp
➡️in a range we got deviation at the top of range and deviation at the bottom
➡️Impulse up, sideways and last impulse to 27 zone work almost in 99% cases like a clock)
➡️Healthy correction will be to 0.23 zone and good correction block for futures marked with SL.
➡️On MP indicator you could see how whales fix main % of position on D tf, then RSI div on daily and continuation of fixations.
➡️ Waiting on D blue zone of money inflow. I think its can took just a week or so before continuation of main trend
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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BTCUSDTI anticipate that Bitcoin (BTC) will experience a period of consolidation, characterized by a stabilization or narrowing of price movements. Subsequently, there is an expectation for the price to retreat to a breakout (BO) level, which refers to a significant price point where a new upward movement or trend might begin. Essentially, this suggests a temporary stabilization in the market followed by a potential move to a higher price level.
BTCUSDT - Don't ape in to the fake bull runThere needs to be a huge catalyst before we can safely chant the bull run is here to stay.
BTCUSDT is performing a retest of the 4hour highs, and will move sideways for a while before holders take back some profits.
On the next liquidity "milking" event, I expect BTCUSDT to hit the 29-30k levels (or lower).
Here, the action begins.
BTC bext bottom1D time frame
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Previous analysis about Bitcoin PRZ at 31k is wrong due to ETF releated news. Because original Diamond/Head and Shoulders are broken, we will talk about new perspective for 2nd bottom today.
Firstly, dump from 69000 to 32917, there was a 0.382 Fib Retracement at 48189, then kept dumping until 15476. From here, we know the effect of 0.382 Fib, let's see current potential retracement level.
Secondly, dump from 69000 to 15476, 35992 is 0.382 Fib Retracement.
Thirdly, dump from 48189 to 15476, 35693 is 0.618 Fib Retracement.
Further, Bitcoin is creating a big ascending wedge, which is bearish. According to these three factors, we can judge 36000 is current PRZ. This PRZ is made of different Fib level and structural resistance. Therefore, if BTC get rejected, we can expect it to break below this wedge and target is 17600~18600, same as previous perspective.
📈Bitcoin weekly prediction, 23K or 30K?📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of $28,000 and then around $30,000.
In this week, bitcoin price continues to move in an ascending channel (in yellow).
]f the price breaks the Bollinger midline, there is a possibility that the price will go down to the yellow area.
Overall, in my opinion, as long as the price of Bitcoin does not fall below the Bollinger midline, there is a possibility that it will go higher.
But if the price loses the yellow zone and the support of $23,000, the level of 22,500 to 21,500 will be a strong support for Bitcoin in the bearish scenario.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
Btc Update Btcusdt
Hello traders
I think bitcoin is in manipulation phase and the next and real distribution phase is loading .
There is many more bearish signs on chart ,
If you are following me closely you know ho our quick updates are working from 27k$
Note, This is just an idea not financial advice
BTCUSD: Pent-up for years, trillions of dollars of institutionalAccording to a blockchain executive at professional services provider Ernst & Young (EY), Bitcoin is seeing strong demand from institutional investors but is still waiting for Bitcoin spot ETF approval to trigger a buying surge.
EY global blockchain leader Paul Brody believes that Bitcoin is seeing a lot of pent-up demand from institutions due to US regulators not approving spot Bitcoin ETFs for years.
Brody discussed the outlook for cryptocurrency adoption on CNBC's Crypto Decrypted on October 23, claiming that trillions of dollars of institutional money is waiting to join Bitcoin once the BTC ETF is approved.
BTCUSDT, We should be ready for droppingHello guys
We're back after 2 years , we are glad to see you again and can talk to each of you
Let's go to analysis the situation of Bitcoin at now.
According to the chart you can see we are in correction up trend and now we have 2 reason that the price can drop from the red box that we shown on chart :
1.The price is going to pull back to the trendline that was broken and after that it can ready to drop
2.If you look at the uptrend movement you can see we have a pattern that is head & shoulders , the body was made and now after left shoulder and head was made , its turn to complete the right shoulders and after that it can drop from their site.
The point that we should attention is, if the price can go up and break the 32K with power and can settle in 32k area we can say this scenario is failed and we should analysis again the price situation.
If you have any question just share it with us
Good Luck
BTC, you're on a slippery slopeJust sharing my idea of a possible H&S pattern, which could be triggered once BTC breaches 25K level.
This then could take us down to 18K's.
That's a big drop.
On a larger scale, if we are in an accumulation pattern before a run up, a dip would look better on the grand scheme of things, in my opinion.
H&S pattern would be less probable if we can get up to 28600's and stay above that level.
BTC excellent short entry 3090012h time frame
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We have talked about many potential top structures about Bitcoin, such as Head and Shoulders(ref.1), Butterfly(ref.2) and Diamond structure(ref.3). All analysis point out that Bitcoin is creating a huge top structure before next bull. This is also the last chance to catch a potential crazy dump in this bear period. If we take liquidation hunting into consideration, 30700~31000 is the excellent entry to open short, which has the best risk to reward ration over 8. If Bitcoin start dumping from that zone, targets as below.
TP1: 25000
TP2: 20300
TP3: 18000
Also, 17000~18000 is the expected bottom before bull.
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ref.1 Head and Shoulders structure
ref.2 Harmonic pattern
ref.3 Diamond structure
Bitcoin Analysis (1d): Recent SurgeThe beginning of this week saw a remarkable upswing, propelling Bitcoin's value by an impressive 15%. The digital giant broke a significant barrier at $28,700, surging ahead to $30,000 .
However, the journey doesn't stop here. What has captured our attention is Bitcoin’s recent breakout from a crucial resistance level at $28,700.
The present challenge lies in surpassing the formidable $31,000 mark, a zone with historical significance. This price point, which once served as solid support during the turbulent times of 2020 and 2021, is now a ‘resistance to be cracked next’.
Anticipation buzzes in the air, echoing the prospect of Bitcoin going parabolic should it soar above the $31,000 or even $32,000 thresholds. Yet, this is more than a speculative scenario; it represents a tangible opportunity. However, the prudent approach is to analyze, assess, and prepare for all eventualities.
While the temptation to surge upwards is strong, a strategic retreat might be in the cards. A brief regression to the previous resistance and support level at $28,700 isn't just a possibility but could be a healthy move. The lingering selling pressure from futures exchanges provides a substantial reason to consider this option seriously.
BTC - FAKE ETF News cause BULL-trap👎Hi Traders, Investors and Speculators of Charts📈📉
There has been interesting volatility on BTC in the past 24 hours, with fake news being released on X, alleging that the SEC approved Blackrock's iShare spot ETF (they haven't).
Directly from the Cointelegraph website, 16 hours ago:
"Earlier today, during routine coverage, Cointelegraph’s social media team posted a message on X without prior editorial approval stating that the United States Securities and Exchange Commission had approved BlackRock’s iShares spot Bitcoin exchange-traded fund, or ETF. This was false, the result of misinformation. The news lead originated from an unconfirmed screenshot posted by an X user who claimed it was from the Bloomberg Terminal. "
Pretty much immediately after this article, the price started to retrace. It seems to me like severe insider trading / purposeful deceit. Interestingly enough, the price turned at EXACTLY 30K which seems very unnatural. It will be interesting to see whether the SEC reacts to this, or if it's just another day in crypto.
Luckily, as per all our previous posts on altcoins, I'm not trading BTC at the moment. Reason being I was expecting algo's on Bitcoin, as range trading often attracts bots. My focus is still on altcoins at the moment.
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BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT KUCOIN:BTCUSDT
BTC btttom 18k1D time frame
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With the fake new(BTC ETF approval) released, Bitcoin matched our previous analysis by unexpected trend on 16th October. Currently, Bitcoin is creating a potential Diamond structure, which is a top structure here, and it could be regarded as Head and Shoulders structure(ref.1).
According to this Diamond, Bitcoin might retest 30k again in near future, and start going down by December, once Bitcoin breaks below this diamond, huge dump will be following. There are four targets for the trading plan.
TP1: 28000
TP2: 25000
TP3: 19500~21000
TP4: 17600~18600
Range 17600~18600 is the bear bottom I think. On the basis of time structure, we can see this price around December '23~January '24, get ready for this sweet price!
Ref.1 Bitcoin analysis about HS structure and bear bottom.