Btcusd sell set upExpecting a bigger drop from here, but this is a decent R:R, while waiting for next move. Ranging around the 58k area of consolidation getting smaller. Let's see how it goes 😁Shortby PassivePips1
BTC 4H Long Setup off Support 56.6 areaBTC has failed twice to hold the downtrend line as support and needs to retest h&s neckline Ideal long area just like when I said to long support @ $121 on Solana I wish i had a better idea of how high btc goes after this but ideally 59/60K … will update if we hit. Good LuckLongby dogdaddevanUpdated 1
BITCOIN BOTTOM IS COMING There is formation of BULLISH BREAKER BLOCK overlapping with FAIR VALUE GAP on Daily time frame . BITCOIN price will tap this FVG area and bounce back to structure high 74000 dollar. If you want to play this setup , then FRACTAL it on 4H, 1H time frame . you can do it on 15 min if you have a better understanding of market structure .Long01:36by PrashantChauhan11
BTCUSD View!!Analysts have raised Bitcoin’s price target to $112,000 following a spike in exchange-traded fund (ETF) inflows. This increased activity suggests bullish sentiment among institutional investors, potentially driving the cryptocurrency to new highs. Bitcoin ETF Inflows to Trigger Price Boost SpotOnChain analysts reported significant inflows into Bitcoin ETFs. Bitcoin’s net flow turned positive, with $39 million in inflows, reversing previous weak volumes.Longby FXBANkthe80550
BTC & ETH Sept. 13 Options Data23,000 BTC options are about to expire with a Put Call Ratio of 0.87, a Maxpain point of $58,000 and a notional value of $1.34 billion. 127,000 ETH options are due to expire with a Put Call Ratio of 0.73, a Maxpain point of $2,400 and a notional value of $298 million. Crypto rallied overall this week while volatility expectations in the market are declining. Maxpain point is once again keeping up with the price. Major term IVs all declined as expectations of a 25 bps Fed rate cut next week converged. September market was weak as expected, with ETH in particular extremely weak. The exchange rate against BTC has fallen below the long term support level of 0.04 and the engine of the next bull market still looks to be BTC.Longby Greeks_live0
Possibility of uptrend As long as the price fluctuates above the green support range, the continuation of the upward trend is likely. Otherwise, the correction process will be possible until the next support range Longby STPFOREX0
9/12 Market Momentum Continues, But Is Bitcoin About to Peak?Overview: Another positive day, courtesy of Lord Jerome Powell. Initial jobless claims aren’t exceptionally low, but not alarmingly high either. Year-over-year, the Producer Price Index came in lower than expected—1.7% versus 2.2%. Overall, this week’s data indicates a cooling economy, exactly what the Federal Reserve has been aiming for. The equities market responded positively, posting its fourth consecutive green candle. ETFs are buying BINANCE:BTCUSDT Bitcoin again, but after closer inspection, it's mostly Fidelity doing the buying. Meanwhile, Blackrock and Grayscale remain on the sidelines—bearish. Oh, and no one’s buying Ethereum. W: Bitcoin is still trading within its old range. This week will likely close green, not far from today’s price. D: For the fifth day in a row, Bitcoin is testing the weekly level of $58.2K–$58.4K. It's also nearing the Bollinger Bands' Moving Average. This could either mark the start of a new bull run or be the highest BTC will reach for a long time. Pick your side before next week’s expected volatility or wait to avoid the turbulence of potential interest rate cuts. 4h: Breakout attempts are becoming clearer, and the price is now above the Bollinger Bands' Moving Average, signaling a possible continuation of the bullish trend. 1h: MACD shows a bearish divergence. Bearish. Alts relative to BTC: No significant divergences. Bull case: The macroeconomic situation has improved, and there are no significant reasons for large sell-offs. Whales are sitting on their investments and aren’t selling, reducing downward pressure. Bear case: The general public remains skeptical about crypto, and retail purchasing power is weak. Most retail investors have already been burned during the recent months of market chop, limiting new liquidity. Fear and Greed Index: 33.3. Where’s the enthusiasm? This isn’t how a bullish wave begins. Bearish. Prediction: Bitcoin could continue trading within its current range for another week. Opportunities at W and 4h divergences of major alts: BINANCE:APTUSDT is trading at levels last seen in October 2023 and is 44% lower than its BTC ETF price. In the short term, it’s unpredictable, but we believe it’s a good candidate to start Dollar Cost Averaging now.by EvgenCapital1
Fractal WavesThis sort of visually shows the reason i trade a variant of EW that simply focuses on the completion of the "Corrective Waves" and unlike EW corrective waves, that have a series of different corrections that can take place; my version has a couple clear rules for one simple corrective wave to form and complete. Another nice difference of my variation compared to EW is that after the corrective wave comes in you then expect a 5 wave impulse to follow but that 5 wave move will a fractal bigger, to explain in simplest terms. Fractal waves, from smaller to larger. This would have Bitcoin well over 100K :) Longby afinalboss0
Fall 2024 falls to the upsideMade this fractal from a previous dump to complete an inverse head & shoulder. Made it on September 7th and it has been roughly following so far. Let's see what comes next. Would set up 2025 nicely for a new speculative bubble.Longby WillbBTC245990
13-Sep-24I'm expecting a liquidity hunt, with the target liquidity pools being below $66K and above $49K. I think we will see increasing volatility until we reach those levels, then we will see a mid-term bull trend begin to form. Longer term view: by ThousandDollarBitcoin0
Looks like Bitcoin Bull run is startingBitcoin bull run appears to be in play and is likely to start in September and be an up month vs everyones prediction of a down month..Longby spicer0
$BTC Wave 5) can take us to $60KThe abcde Wave 4) correct seems more fitting. Afterward, Wave 5) is to take us to $60K+ at the upper channel line.Longby ewmarkets670
BTC Bullish $80k TarketThe chart speaks for itself. This massive sideways consolidation with a slight downtrend is in fact a massive bull flag. BTC is going up IMO. I hear permabears crying for lower prices. I am long on the entire cryptocurrency market.Longby fritbjorn0
$BTC in Wave 2 pullback inside the channelLooks like CRYPTOCAP:BTC has completed a small 5-wave sequence from $52,530 to $58,600 and is pulling back for Wave 2. Expect this pullback to be confined within the green up-sloping channel.Longby ewmarkets670
BTC 4H Long Setup off Support 56.6 areaBTC has failed twice to hold the downtrend line as support and needs to retest h&s neckline Ideal long area just like when I said to long support @ $121 on Solana I wish i had a better idea of how high btc goes after this but ideally 59/60K … will update if we hit. Good LuckLongby dogdaddevan0
Potential Longs on BTCBitcoin has dropped lately but is working its way back up. We are just waiting for thr ChoCh on the 1H & 4H. POIs due to confirmations: - liquidity - manipulation - imbalance - mitigation at fib levelLongby NancyAguilera0
BTC USD UpdateWe are currently in a bullish trade, but we are facing a significant negative order block on the weekly chart. As far trade managing goes, we are trailing our stop-loss to minimize potential losses. Longby themarketknight1
The probability of next week's rate cut of 25 bps is 87%With the week coming to a smooth end, the U.S. presidential debate and various macro data did not bring significant volatility. Next week the Fed rate cut expectations are gradually converging, and currently from the interest rate trading data provided by the CME, the probability of next week's rate cut of 25 bps is 87%, and the probability of a rate cut of 50 bps is only 13% Meanwhile, options data shows a significant decline in IVs across all major terms, with market volatility expectations falling short and the market theme for September still oscillatingLongby Greeks_live0
BITCOIN Poised & Ready To Boil (Heads 'N' Shoulders) This one for BTC USD is on the 2,3,4 hour timeframes. Price has retested & is ready to bust to the long-side. Good luck.Longby Easy_Explosive_TradingUpdated 3
#BTC - Whats next? (inc. PPI trade plan)Technicals Chart looking alot healthier with that big red band of resistance between $56k and $57.5k now a green band of support (right chart). We could rely on it later when the PPI drops (more below) but given that we just had an inflation print of 2.5% and an upcoming rate cut (Sept 18th) I think mid term we will be looking to reclaim $60k. The moving averages prictured (green 20, white 50, pink 200)are the daily averages. Price clipping above the 20 is bullish, this may also act as price support. We need now to see the faster MA's (20 & 50) cross back above the 200 to confirm our technical uptrend. Next significant resistance is at $59.7k, so I think that is our target before the weekend. The pitchfork (the coloured channels overlayed on the left chart) gives us a range around a median price based on a local range (low to a high back to a low) with a couple of standard deviations either side. The macros (rate cut, lowered inflation) will probably confirm an upcoming uptrend. Currently we are approaching the 0.5 standard deviation, you can see that price often respect the levels and we would usually expect price to find the median, which here would be a trip up to the early $60k's. Macro 13:30 (GMT) see's the release of the PPI (Producer Price Index) which is the measure of supply side inflation. It's important as this bleeds into consumer inflation. PPI Forecast = 0.1% Priced in <0.1% Bullish >0.1% Bearish Not likely to be massively impactful or create huge volatility but definitely capable of impacting price.Longby CryptoNicho0
Exactly the Same ScenarioIs it just me, or does the 2024 daily chart look suspiciously like the 2016 and 2020 patterns? Still the same tapering triangle, after which we see a parabolic rise. Isn't this all about supply&demand? At one moment the market realizes that there is even less bitcoin to buy after halving, a certain news trigger occurs - and the price goes skyward. This causes a snowball effect, as people start googling bitcoin on the back of this growth and conclude that we have entered a growth cycle - driving the price even higher with their FOMO. Satoshi saw this psychology, and that's why it works every time from cycle to cycle. I don't see the FUD reason that we will supposedly go to 30k to harvest liquidity or go after some ETFs, because the historical data has never once given us any reason to think that will happen. On the contrary, all the data only indicates that we are in the calm before the storm.Longby Paramonov950
9/11 CPI Surprises, but What’s Next for the Market?Overview: The latest CPI data is out, showing a slightly better-than-expected 2.6%, beating estimates by just 0.1%. It may not seem like much, but in a market where key metrics are constantly revised, even small improvements matter. It has been exactly a year since July 26, 2023, when the Federal Reserve finished raising rates to the current 5.25% to 5.50% range. Yet, over the past 12 months, prices have still risen by 2.5%, even with those high interest rates. However, the Federal Reserve favors another metric—Core CPI. This measure excludes volatile food and energy costs that can fluctuate in the short term. And what about Core CPI? Month-over-month, it increased by 0.3%, which was 0.1% higher than expected. Year-over-year, it sits at 3.5%, which is still well above the Fed’s target. So, wave goodbye to any hopes of a 25 basis point rate cut anytime soon. By the time the Fed substantially cuts rates, crypto could very well experience not just one, but two bull cycles. As we mentioned yesterday, lower CPI is good for the markets and has historically brought green candles. Initially, the VANTAGE:SP500 opened with a big red candle, trading below Monday and Tuesday's opening prices. But once the Fed's report was released, it began to rally. On the daily timeframe, the S&P 500 remains below the Bollinger Band's moving average (BB MA). Cryptocurrencies reacted positively as well, with Bitcoin bouncing off the weekly support level of $55.9K and now pushing toward the upper boundary of its trading range at $58.4K. Interestingly, ETF flows were net negative. A closer look reveals that Fidelity was buying both BTC and ETH, while ARK, Grayscale, and VanEck were selling. It’s important to remember that not all ETFs are created equal. Fidelity might represent everyday retail investors, while funds like Grayscale and Blackrock tend to cater to more sophisticated entities. W: Bitcoin is actively forming the top wick of this week's candle, currently touching the upper boundary of $58.4K but still far from the BB MA. D: Bitcoin is testing both weekly resistance levels and the BB MA. 4h: This is the third attempt to break $58.4K. Failure to break and remaining within the range would signal a bearish turn. 1h: No divergences detected. Alts Relative to BTC: No divergences across the board, except for BINANCE:SUIUSDT , which saw a massive 8.28% pump, breaking through the $1 resistance level. This marks its third peak in the last month, though the most recent valley was lower than the previous one. Bull Case: The Fed continues to deliver positive data, fueling a five-day pump. Selling pressure has eased, as most who could sell have already done so. Bear Case: This could be a temporary rally before the real turmoil begins. Fear and Greed Index: 37, indicating a return to Fear territory. Prediction: Bitcoin is likely to reject at the weekly resistance level and bounce downward.by EvgenCapital1
Stablecoin liquidity is king - Bitcoin bullish thesisAn increase in stablecoin market cap often signals more money entering the crypto space, indicating bullish sentiment as investors prepare to deploy capital. This increased liquidity can lead to smoother trading and attract more participants, potentially driving up Bitcoin's price. The chart clearly illustrates this relationship: • Blue line (USDT+USDC+DAI market cap) shows steady growth • Orange line (Bitcoin price) follows with more volatile increases This correlation can serve as a leading indicator for Bitcoin price movements. During downturns, investors might sell Bitcoin for stablecoins, but as sentiment shifts, this "dry powder" can quickly flow back, driving Bitcoin's price up. According to my views on the stablecoin liquidity, the Bitcoin price should target the $72k level. Let me know your thoughts! BITSTAMP:BTCUSD CRYPTOCAP:USDT CRYPTOCAP:BTC Longby HenriqueCentieiro111