BITCOIN BUYS !!!Hey traders!! I believe bulls are about to take over BTC once again after this LONG consolidation period. My two targets are indicated in my chart analysis! dont forget like LIKE, COMMENT & SUBSCRIBE!Longby kconnect2
Elliote Waves plus bearish CVDBased on the CVD and price action, I believe there's a potential for a retest of the 52k or 54k lows unless we see a significant pump (which is certainly possible). The 5-wave correction appears to have concluded, and we're now in what could be an ABC correction. If the price retraces from here, it could sweep the lows and retest the highs of the channel, forming an ABC pattern before another downward leg. Note: the A from ABC correction might start a little above. It's important to note that this is speculative and based on my personal interpretation of Bitcoin's short-term trajectory. Shortby jccp_eu2
BTC plans for a "Shooting Star" upgrade to $6.3 MillionYep, but first the 1-2 Jump starts at $580ish. My guess is that will be the "pit" jump. That means, if someone finds its zero value, it pays ever penny of it. This next move will wash every other crypto move away in the mud, but it won't be without its limitations. Just remember we are taking the three larges "rolls up" that crypto will ever take. THIS IS YOUR LAST CHANCE TO GET RICH WITH CRYPTO. IT PLATEAUS AFTER THIS. There are at least two HUGE selloffs before the top. If you just hold you win no matter what, but these prices are soon to disappear and leave many wishing they spent just $2k to become a millionaire again. God bless and happy trading! - AntizmaLongby Antizma2
BTC trade anticipated a stop loss sweep to occur if the btc touches my buy zone I decided to wait to if truly the stop loss sweep will occur and when it does occur I expected it not to go below the point of origin, if the bullish trend continues after the touching the point of origin zone then I will confidently buy and which is what exactly happened hereLongby PIASKA3
Demand freshLooking to buy from the demand zone. The demand zone looks fresh and clean . Hasn't been tested yetLongby Angelos_Trader2
head and sholder according to the status of the chart in Dominance usdt and head and shoulders on the inthe btcusdt chart accordingto the short time bitcoin will correct and eventuaiiy move toward the price 65000.by ami40302
BTC buildingBTC has been building tons of price action around 58k on the weekly chart. Since most of my charts are weekly I have decided to look at this setup on the daily. The weekly stochastic is JUST starting to reset here so there is a lot of room to the upside. I think the daily resets as we bounce off 58k again for additional support. I expect a test near the circle I have draw by end of month. Ideally hitting 66k, then correcting to the fib below before pushing this channel. This month: 64-66k October I really still expect all-time highs this was just pushed out a few weeks due to that market wide crash a few Monday's agoLongby Apollo_21mil2
BTC Possible Pullback Warning, flash sales to 56KGreetings, I am very optimistic about Bitcoin's bright future and 100K price target. If you bought Bitcoin below 55K and want to sit this one out, ignore this page. On the other hand, if you want to arbitrage a little, you should sale it now when it's still above 60K. There are lots of limit orders building up around 53K to 56K, so don't get too excited about buy low, it's not going to break that buyers' wall. Happy trading! by Coinnun113
BtcIs ready !!!! Time for buy and hold This is not a financial advice dyorr Enjoy the flight ⬆️⬆️🚀Longby jupitertrade4
BTC 9/20/24💹 👁️ Outlook 30m Context Time Frame: Price tried to make a run higher but failed and came down to the 10/20. I can see this going up for a run higher for a continuation. Daly Bias: Bullish Keeping an eye on this. 👁️Longby angelvalentinx3
BTC looking good two levels If we hold the weekly 21 ma and break 65k we see 100k before 50k , If 57.5k breaks we are in trouble two key levels imo Longby efelix482
BTC Trade IdeaThis is a place where you can identify the possible movement in mentioned session. Entry activated only when a candle closes above or below the drawn level, And the next candle creates a wick down(for up movement) or up(for down movement) and breaks the candle high or low. When entry is activated SL will be below or above the 60 minute candle.by Ajo_madakassery2
17-Sep-24I think that the market is bullish, but is currently being pushed down by whales to trigger the stops at $56,666. This could result in a strong spring up to $63K Longer term view: Longby ThousandDollarBitcoin2
Btcusd buysWaiting to see if we tap into this zone one more time for a bullish push, tight SL higher risk so lower lots for me. Potentially can blast through this zone downwards, risk is managed so let seeLongby PassivePips4
By use buyBullish divergence congruent with fair value gap, took liquidity and now has to go up and rebalance the market, reaction at the major support line, breaish market structure, Longby seanstone12241
$50k on the cards?BTC failed to keep its bullish momentum above GETTEX:59K , now trading just below 4HR 200MA around $58.7k. $56.5k - $58k is the nearest support zone. If lost, $50k could still be expected. Shortby RayneOnChain2
BTC LONGExpecting price to form strong support around this key level and continue trending from @60000.Longby newsy1
Bitcoin forecast Last analysis failed and only that reason is specified head in the chart didn't touched in right place. Above it we have reminded ordersShortby Market_Magazine3
Bitocins Make-or-Break Moment: 50bps Rate Cut?Over the past few months, the idea of a 50bps rate cut by the Federal Reserve (FED) seemed highly unlikely. Most of the crypto market had priced in a 25bps rate cut. However, yesterday, the market dynamics shifted. Suddenly, the probability of a 50bps rate cut surged from 14% to 47%. This surprising change is shaking up global financial markets. Logically, the crypto market is no exception. The Reason For Yesterday's Pump As the possibility of a larger rate cut surfaced, Bitcoin and the broader crypto market rallied immediately. The reason is apparent: lower interest rates stimulate economic growth, encouraging risk-taking in markets like stocks and crypto. Accordingly, Bitcoin has already seen a price surge as traders begin to price in the possibility of a 50bps rate cut. What's Driving the Shift in Sentiment? Several factors have contributed to the rising expectations of a more significant rate cut. Let's go through them: Producer Price Index (PPI) data for August showed only a slight increase, while year-over-year growth dropped to its lowest level since February. Unemployment claims came in higher than expected, signaling some cracks in the labor market. These factors suggest that inflation may be under control, opening the door for the Federal Reserve to shift its focus to economic stimulation through rate cuts. In addition, the Wall Street Journal and Financial Times also hinted that a more significant cut might be possible. Former Fed advisor Jon Faust commented that a 50bps cut is still on the table. He believes a more substantial rate cut would be more effective in jumpstarting the economy. The Immediate Impact on Crypto & Bitcoin In the short term, before the Federal Reserve's announcement next week, we can expect increased volatility and price appreciation for Bitcoin and other cryptocurrencies. Bullish Scenario: 50bps Rate Cut A 50bps rate cut would likely fuel a strong rally across the crypto space, signaling that the Fed is prepared to stimulate the economy aggressively. For Bitcoin, this could mean breaking key resistance levels and moving toward higher targets (70k). The influx of liquidity and favorable conditions for risk assets could push Bitcoin and altcoins into a bullish trend for the rest of September and possibly into the fourth quarter of 2024. This cut would mark a significant pivot in monetary policy, catching many traders who had priced in only a modest cut off guard. Given the surprise factor, the reaction in the crypto market could be swift and decisive. Bearish Scenario: 25bps Rate Cut On the other hand, if the Fed sticks to the 25bps rate cut that the market initially expected, we might be disappointed. After the recent pump, a more minor rate cut could trigger a sell-off in Bitcoin and other cryptocurrencies, as traders who expected a more aggressive move could take profits. In this scenario, the crypto market could react negatively, with prices pulling back as traders adjust their positions based on the Fed's more conservative stance. Other Risks to Consider: The Role of Carry Trades There's also a growing concern that a 50bps rate cut could unexpectedly impact global markets, primarily through carry trades. These are investment strategies where investors borrow in low-interest currencies like the yen to invest in higher-yield assets, such as U.S. equities and bonds (those trades triggered the massive sell-off at the beginning of August). As U.S. interest rates drop, carry trades could begin to unwind as investors look to cover their positions by repaying loans in increasingly expensive currencies like the yen. If the Fed does opt for an aggressive 50bps cut, we could see further market volatility due to the impact of these trades, which could ripple into the crypto market. My Final Thoughts The market is at a critical juncture. While a 50bps rate cut could send Bitcoin and the crypto market soaring, a 25bps cut might disappoint traders and lead to a pullback. With the Federal Reserve's announcement, all eyes are on the Fed and how they'll balance inflation control with economic stimulus. One thing is clear: Next week will be exciting!Longby ben_walther3
Copy of: BULLISH HIDDEN DIVERGENCEHere is to show the BULL RUN CANDLE so we know the status of BITCOIN and remain’s healthy. Shorter timeframes can be very deceiving. By the way, I don't focus on the news, I focus on data statistics. Never will I follow in the decisions others make. Longby The_ForexX_Mindset161640
BTC breaking out of 200+ days range?do or die for bitcoin imo.. october being historically the most bullish month for bitcoin im expecting to break out of 205 days of ranging for the next leg to 77-83k. Longby buyingdoge20253
2024-09-19 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr Big news first. There is no reason why markets could not continue higher. Tis what I wrote yesterday. So you have been warned I guess. Indexes - Huge gap up and go on most markets during the Globex and EU session. Right now we are mostly trading between the 15m and 1h 20ema and that’s my absolute worst spot to trade. Markets held at the highs and closed there, so bulls have all the arguments on their side, yet tomorrow is Opex and those max bullish options probably won’t be green at the end of tomorrow. So now bullish outlook from me after today. dax futures comment: Another one. Gap up today and market kept going. 19000 (xetra) is a nice round number and we could stall here or reverse. Another higher target would be 19260 (big green bull trend line on the daily chart). This would also align with the futures ATH at 19204 while futures are trading around 30 points above xetra. Long story short, don’t sell this yet. After such a strong day you simply can not hold a bearish bias. current market cycle: broad bull channel but also a big trading range on the daily chart on futures key levels: 18800 - 19200 bull case: Bulls had an amazing day. Futures ath from May is 19204 and there is no reason we can not get it. Tomorrow is opex and those days are always special. Don’t get trapped tomorrow and only take AAA setups. Invalidation is below 18600. bear case: Bears gave up during the globex session. They would need a strong 1h close below 18900 and then a gap close to 18730 to have better arguments. On the 1h tf we are currently in the C of the two legged correction and right at the 1h 20ema. It’s a buy signal if bulls reverse and we could go sideways overnight. Don’t get trapped into taking those kind of bad shorts. Some bears argue that we are at the top of the trading range on the daily/weekly chart and at the top of the current bull channel on 1h chart. Is this enough to sell this? Not after such a strong day today. You need confirmation below the 1h ema. Invalidation is above 19100. short term: Neutral but mostly looking for longs until bears trade below 18900. Bulls are in full control but that does not mean I want to buy high in hopes of going higher. medium-long term - Update from 2024-09-01: 4 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Next 2000 Points will be made to the downside but it’s too early to short this. current swing trade: None. trade of the day: Market held strongly above 18800 with many tries to get below. Bar 32 was a give up bar by the bears and a decent buy signal. You were then buying high in a trading range but the context was good enough to expect at least 18920 but market never looked back. 19040 was also clear resistance and shorting this price was profitable many times today.by priceactiontds2