BTC on RangeCurrent Price Levels: The chart shows Bitcoin’s price around 54,276.0 USD. Support Levels: Around 53,070.0 USD. Resistance Levels: Around 56,140.0 USD. The drawn blue line suggests a potential upward movement, indicating a bullish trend. all are before New York openning timeby sc2shzshz2
BitcoinPrice move in range. Wait to Sell from 55.800- 56.400. Stoploss 58.000. Take profit 51.100.Shortby ngkim_sg0
Downtrending BTC may retrace to resistance before falling again Downtrending bitcoin may retrace to resistance before falling again to support. Shortby ZYLOSTAR_strategy3
Key Signals Point to a Bitcoin ReversalCurrently, Bitcoin's price is hovering around a strong support level in the short term, and we're seeing early signs of a potential reversal pattern, possibly forming a macro (inverted) head-and-shoulders setup. Based on other technical indicators, this region between $47k and GETTEX:54K is likely to attract significant buying interest, positioning it as a key accumulation zone for long-term holders and institutional buyers alike. - The only thing that could stop us now is a recession, but do you think that will happen? - How many times we saw fud lately for Bitcoin, but also stocks? - Is there volatility and fear in the stock market, yes. - But when we see extreme fear. What should you do? .. I'm loading heavily on these levels. Let me explain once more the bullish fundamentals that should bring us above the ATH neckline: Institutional Adoption: Large financial institutions, hedge funds, and corporations continue to accumulate Bitcoin as a hedge against inflation and as an alternative asset class. This influx of institutional capital is providing long-term stability and driving up demand. Increasing Scarcity: With Bitcoin’s fixed supply of 21 million coins and a decreasing issuance rate due to halving cycles, the supply-demand dynamic is highly favorable. Each halving event further reduces supply growth, which has historically led to significant price increases. Inflation Hedge & Store of Value: In times of rising inflation and currency devaluation, Bitcoin is increasingly viewed as digital gold. Its decentralized nature and limited supply make it a prime candidate for capital preservation in an inflationary environment. Network Growth & Hashrate: The Bitcoin network's hashrate continues to hit all-time highs, signaling growing security and miner confidence. The expanding user base and increased global transaction volume further indicate that Bitcoin adoption is accelerating worldwide. ETF Approval: The potential for the approval of Bitcoin ETFs in key financial markets like the U.S. could lead to a massive influx of retail and institutional investment, further boosting liquidity and price discovery. Global Geopolitical Instability: Bitcoin is gaining traction as a hedge against political and economic uncertainty, with increasing use in countries with unstable fiat currencies or restrictive financial systems.Longby Davy_h1
7-Sep-24Yesterday's forecast has been accurate so far, but I now think we are likely to seek liquidity with a lower low before the bull run starts. I expect an "honest" bottoming head and shoulders, which indicates confidence returning, which will accumulate stop losses at the lower low - which then become the target for a liquidity hunt. I expect the lower low to be short lived, before we bounce to the original target of the H&S. Longer term view: Shoutout to @MyCryptoParadise_Nathan for starting me down this line of thinking. Don't worry I won't blame you if it doesn't work!by ThousandDollarBitcoin2
BTC CONTINUE TO FALL?Bitcoin already broken the support area in 1h hour structure. When we see in 4h timefrane, the big trend is down. We see support become resist area, when price come back to the zone, we just want to wait confirmation that the seller is stronger than the buyer later. Agree or disagree?? BINANCE:BTCUSD Shortby PipPocketfx2
Bitcoin long bullish The trend suggests higher highs and higher lows, signaling a longer-term bullish trend for Bitcoin. This projection predicts a potential rise towards $90,000 and possibly beyond. Short-Term Consolidation: The inner smaller channel (marked within the larger one) shows a consolidation or corrective phase. This could be a bullish flag within the broader trend, hinting at a potential breakout to the upside if the price breaks the upper boundary of this smaller consolidation range. Key Levels: Support: The lower boundary of the larger channel provides support. If the price dips but remains above this lower line, the bullish trend should remain intact. Resistance: The upper boundary of the larger channel represents a possible price target near $80,000-$100,000 in the long term. Projection: The chart's projection (marked by zigzag lines) suggests that even if the price experiences short-term fluctuations, the overall movement is expected to follow an upward trajectory, potentially reaching the upper levels of the channel by mid-2025.Longby SeanAulakh5
X marks the spotReeeeee Number go up, don't worry. Reeeeee Number go up, don't worry. Reeeeee Number go up, don't worry. Reeeeee Number go up, don't worry. Longby BrickedRouter4
BTC One Last GIANT FALLING SPIKY NEEDLEFESTTA hasn't changed much in the last few months. Refer back to my previous BTC chart. Haven't made any adjustments to FIB or Channel since July 2024. The cycles seem to be hitting right on the natural flowwwww. Still waiting for a dip to the levels (yellow arrows) 38K has always called to me like a siren. It feels far away but actually not out of the question when you look at a normal correction for a 16-72K move. It's bound to retrace 50-70%. Fall 2024 is the climb back with a top of 2025 the horizon I'm looking at for the peak Lambo Season riding into Q2 or next year. Shortby ApeMasterQi1
VOODOO 2025After BTCUSD completes its slow bull uptrend, the trend explodes into a new frenzy bubble. Altcoins stop bleeding in BTC terms and the market multiples. A cycle similar to the others.Longby WillbBTC245992
Bitcoin 2025: Symmetrical Triangle Breakout PredictionLet's give everyone some hope because Bitcoin is not looking great at the moment. On the weekly chart, we're seeing a Symmetrical Triangle, and if it breaks to the upside, my prediction is that by the first quarter of 2025, Bitcoin could reach as high as $85,330. That would bring smiles to many faces and put more money in people’s pockets. However, if Bitcoin breaks to the downside, the outcome could be pretty bleak, and I'd rather not put a dollar figure on that it's just too depressing. So, let's keep our fingers crossed and hope that 2025 starts as a great year for all of us Bitcoin holders.Longby CryptocurrencyWatchGroup112
BTCUSDprice moving up after completing a correction ABC which is expanding flat. i expect impulse move of wave 3 to the upside to 76k zone cause it already reject 78.6 fibo level which is a deep correction Longby PAFG228
BTCUSDprice moving up after completing a correction ABC which is expanding flat. i expect impulse move of wave 3 to the upside to 76k zone cause it already reject 78.6 fibo level which is a deep correction Longby PAFG1
Bitcoin Short H4 UPDATESell Stop Entry @ 58481.40 S/L @ 65210.40 T/P1 @ 52390.00 T/P2 @ 44820.00 R.R.R. @ 1/2 Pure Price Action analysis based on Breakout of target level.Shortby MyMainBox369Updated 2
Is bitcoin priming for 6 digit prices? This bullrun came out of nowhere and also did not give us the deep correction that we've come to expect from the previous bull/bear cycles. In fact, bitcoin managed to correct and accumulate inside the indicated range for an extended period, which is quite a feat considering the price per unit. This brings me to the conclusion that the correction is possibly over and bitcoin is ready to test ATH again. Also since the previous bear cycle was extended for a longer period (than what we know from history), it doesn't make sense to start another bear cycle right now. This reduces the probability for lower prices. What's even more strange and adds weight to the theory is that, it looks like (based on certain indicators) the next bull run has already begun!! BUT!! Bitcoin's strange MO is to always paint a green future ahead, just before dumping real hard. So take this one with a grain of salt. Confirmation to look for: The weekend is bullish and closes as indicated on the chart. Trade will activate on confirmation! Disclaimer: These are not trading signals. Trade at your own risk!Longby TulpenFieber228
BTC - ShortTrading another Short on BTC Entry around 61K Target 55k - 53kShortby crypto_gambler_Updated 12
Exactly where we should beI first posted this in Oct 2022, it was a look into the future based on past results. I use charts like this to keep myself level headed and not get upset when markets arn't moving as fast as I think they should. by DaneGerzone333
BTC Update Well we going to have another bearish month ( Sep) before big move just be ready peace :) by ma1373331
Remember! Remember! The 5th of November!Thursday... the 5th of November 2020... CRYPTOCAP:BTC pumped nearly 7% in one day. We were 30ish days into the parabolic phase of the 3rd bull cycle for #Bitcoin. It was trading at $14,911. The holders had no idea that CRYPTOCAP:BTC would continue to climb an additional 335% over another 5 months, reaching a local ATH of $64,895 on April 14th 2021. Here we are on September 6th, 2024. CRYPTOCAP:BTC dropped to $52,546 or (-3.8%) for the day. Septembers are a sore subject when it comes to financial markets and Bitcoin in particular. Across the Post-Halving years, CRYPTOCAP:BTC will drop -2% historically. Considering CRYPTOCAP:BTC has tested local lows across the 5th and 6th of the last 3 months; July 5-6th low: $53,499 August 5-6th low: $49,050 September 5-6th low: $52,546 (so far) It is almost like someone is trolling the Holders... The focus of this chart is to consider the above and the following. Have we found our local bottom this early in September? ($52,546) How will Bitcoin react to the upcoming 25 bps Fed Rate cut? ($50,000 vs $60,000) Will our price position entering the parabolic phase affect the overall gains over the next 6 months? (90% vs 480%) Where will our new ATH fall next April/May? ($100,000 vs $305,000) Let me know how bearish or bullish you think the future of Bitcoin is. Longby RILOBUYLOW1
Btc 1 day Have a look at the lines. Stochastic Rsi shows that there is support, for now. October maybe a green month. by socialparasite690
BTC's situation+next targets and expected movements.It seems that the price has good support after the wedge break on 78% Fibonacci and after this price can grow up to resistance zone also BITCOIN has completed his corrective waves (ABC) , now it is time to start the five bullish waves !! ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguard1161
High Risk BuysSeeing if this set up will hold, High risk so using tight SL. Small lots holding for longer term, could see further downside towards 48k. Risk is managed so let's seeLongby PassivePips111
BITCOIN POTENTIAL BOUNCE ON THIS LEVEL!As i shared in my post before, i planned buying bitcoin for medium to longterm hold at 55k, 45k, and 35k. Today's price shows some indication that bitcoin is heading to 45k-50k. It could be a good level for re-entry or even a fresh buy around that level. LET'S GO BTC! CHEERS!Longby steveivan0