BTC Next MovesMarket Makers Accumulating Shorts but market not ready to turn down. They need a to plant ideas of shorts to accumulate longs at better prices.
BTCUSD.PM trade ideas
Bitcoin is both a bullish flag and a cup-and-handleBitcoin is currently displaying both a bullish flag pattern and a cup-and-handle pattern, signaling a strong confirmation of a bullish trend. These patterns, especially when seen together, often indicate solid upward momentum and are widely recognized as bullish reversal signals. With Bitcoin entering its 4-year cycle phase, traditionally marked by significant price growth, the technical indicators align favorably for potential long-term gains.
Additionally, recent news and market developments are reinforcing the positive outlook, supporting the upward trend. This combination of technical signals and external factors could attract more investors, sparking renewed confidence in Bitcoin’s next major rally. As anticipation builds, these signals may well mark the beginning of a substantial growth phase, capturing attention from both seasoned investors and new entrants looking to capitalize on this momentum.
BTCUSD - BUZZ LIGHTYEAR...20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Your interest motivates me:
If you find my analysis helpful, please boost and follow me for future analysis at your service.
Only questions:
Will price fill the imbalance first?
Will price correct deeper to previous confluence @ 69500?
Or will price just shoot for new ATH's and fill in the blanks later?
KEYNOTE:
Today is FED interest rate decision and FOMC press conference, high volatility ahead.
Or not?
I deeply appreciate you taking the time to study my analysis and point of view.
BTC’s Relentless Push Upwards! Where Do You Think It Will RetracHey traders! 🚀 The 1-hour BTC chart has been offering some exciting opportunities lately, with clear trends forming and plenty of potential for those who managed to stay in tune with the market. Bitcoin is still pushing higher! 📈
🔍 Where do you think this move will stop and retrace? Are we nearing a resistance level, or is there more fuel left in the tank? Whether you're holding for the long haul or taking shorter trades, there’s always something to learn from how others approach these trends.
🗣️ Questions for the community:
Did you catch any of these entries on the 1-hour chart? What do you find most effective for staying on the right side of a trend? How are you adjusting your strategy with the current BTC volatility, and where do you think the next retracement might happen? Metrics at a Glance:
📊 Total Trades: 59
💼 Win Rate: 44.07%
📉 Losses: 45.76%
🚀 Net Profit: 93.35R
📈 Profit Factor: 4.46
Looking forward to hearing your insights and seeing how everyone’s navigating this market! Let’s keep the momentum going and help each other stay profitable! 💪🤑
High probability that $BTC is at the top of its channelThere are conflicting opinions on whether BTC is in a new bullish trend or still stuck in the old downward-facing channel. Honestly, I don't think it matters. Both channels intersect today, and the price has wicked through both. From a shorting perspective, the orange channel represents the "worst case," while the purple one offers the highest downside potential for a short position.
I plan to take profits around 55,300 as this seems the most likely next move. Of course, there's always a chance of a breakout and getting liquidated, which is why it's crucial to manage risk and never risk more than 2% of your total capital per trade.
Good luck out there! 🫡
#BTC #Crypto #RiskManagement #ShortPosition
BTCUSD Defying a further pullback. Too bullish at Mid 75k
Bitcoin BTCUSD took a normal day of retracement in earlier trading (Asian & Europe Session), but it's recently made a move upwards, which prompted me to check the intraday charts and it looks like the climb will continue today. Mainly on momentum the past couple of days and of course there is that break of the March high, which reminds the pullback earlier today was probably to test this break of a previous high by new price.
$BTC have a gold fractal!Please pay attention to the Bitcoin chart and the Gold fractal! It's incredible, but it looks very similar. The level of correlation is quite high! Similar formation of tops, bottoms, breakout without retest and then now breakout phase with retest. The retest was successful. Very soon there will be the strongest growth! Good luck!
Horban Brothers!
BTCUSD Aiming HigherHI there,
The price of BTC is unclear; a bearish candle appeared on the daily time frame, but it is still a bear-bullish candle.
I decided to use an app to analyse the trend's lows and highs with a stochastic indicator. The results indicate a possible upward movement nearing the highs of 93028, with a potential retracement down to between 83756 and 90959.
So, is it possible to have AI assist you with a trade setup? Maybe not.
Happy Trading,
K.
Not a trading advise.
BTCUSD SELL ANALYSIS TRENDLINE STRATEGYHere on Btcusd price form has made a trendline and was unable to break line 76064 so is like to continue falling as more seller will pushing the price down so trader should go for SHORT and expect profit target of 73194, 70815 and 68130 . Use money management
BTC - 92 000 level hitPrice has hit my area of interest. This is where I expect a drop. The pullback is complete. We are shorting BTC.
BTC Testing its limitsLook for Bitcoin to range for a day or so under the all time high. Followed by a breakout, retest (as support now) then off we go towards 90k. Why 90k you ask? Because that's the upward momentum pulled from the current bull flag pattern that BTC is printing.
There are two estimates; A more conservative 90k that is almost inevitable if the bull flag breaks to the upside. As well as 112k based on the length of the "pole" in the bull flag.
That said, we are human and we like nice round numbers. What do you think the odds are of BTC hitting 100k if we hit 90k? I'd say better than fair and most likely a sight better than that!
Now you can't mention 100k without mentioning losses. People are going to sell at 100k because that's what we're built to do, take those all too tempting round numbers with those Wallstreet bets ape like gains and try and beat your fellow ape to the cashier's table. So caution here, if you're a short term hodlr it's going to get rocky around 100k. If you're a long term hodlr you've no fear. Sit back and enjoy the ride.
Bitcoin is overboughtOn the 6hr chart, on August 5th Bitcoin printed an oversold RSI signal trading at a low of 49,050. Now, on November 10th, Bitcoin is printing an overbought RSI signal trading at a high of 80,130. Bitcoin is up +63% from low to high in the past month. It's also trading at the top of it's 1 month trend channel. For these reasons, the probability of risk : reward are diminished for long and increased for short. At this writing, BTC major resistance round number is 80k and major support is 70k.
Consistency in DNA #6BITCOIN UNDERDOG
Bitcoin is true example of real underdog. Rejected by many and laughed for years, Digital Gold finally proved once again that the system of money is changing. We live in the modern world guys! Who knows whats gonna be in a few years...
Bitcoin was created 2008 and people where telling that it is too late to buy bitcoin... Looking at Weekly Chart OANDA:BTCUSD , if you were to buy on the start of 2023, you would also be rich, like the people who buy at the start of 2010...
The truth is that scared money doesn't make money... because we don't really understand the power of risk, we are scared of it - and that is causing missing opportunities by ourselves...
~AS
BTC CUP and HANDLE?BTC made triple top not it is making cup and handle pattern. If it successfully brakes the handle it might reach to 120-122K
double top#btc is pennies away from printing a {double-top} priced in gold.
Bull will want to see a daily close above blue.
Still a long way to go to breakout past ATH, which was printed in Nov 2021.
#bitcoin #gold #ethereum
Bitcoin’s Bullish Breakout: Targeting $86K with $100K in SightCrypto Market Surge: Bullish Targets for Bitcoin Set at $86K and $100K
The crypto market is showing extraordinary strength, and Bitcoin has already crossed $80,000, setting the stage for even higher targets. With Donald Trump’s win reigniting optimism, crypto-friendly policies may soon follow, which could offer a supportive backdrop for the next phase of this bull run. Momentum is building, and analysts are now eyeing $86,000 as the first target, with an ambitious $100,000 target within reach if market conditions remain favorable.
Strong buying interest and institutional adoption have helped solidify Bitcoin’s position, with several indicators pointing to sustained demand. Should Bitcoin break the $86K resistance, it’s likely that the path toward $100K could come quickly as FOMO (fear of missing out) intensifies, bringing new capital into the market. We’re entering a potentially historic period in crypto—one that may redefine asset valuations and open new opportunities.
BTCUSD Short-Term Analysis for 09/11/2024
Disclaimer: This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
Time Frame: 1-hour
Market Analysis:
The 1-hour BTCUSD chart exhibits a weakening bullish trend with the Relative Strength Index (RSI) relecting bearish divergence and volume decreasing.
Key Levels to watch:
Support: 75682.00
Trading Bias:
Following up on our previous analysis,the BTCUSD price continues to consolidate within a rising wedge pattern on the 1-hour chart, indicating a potential reversal. If neckline at 75682.00 breached, the probability of an downtrend increased and the price could dip to 72710 - 71623
Bitcoin: on a quest for new ATHThe crypto market benefited from the ongoing US Presidential campaign. Namely, as one Presidential candidate is counting on votes from the crypto community, so the market is reacting to initial pools for a potential win of this candidate. This is currently a market game, betting on a better future condition for further push of the crypto coins into the mainstream including the enlargement of the crypto ecosystem. Certainly, no one knows what the final result will be, for both the US Presidency and crypto ecosystem, but still, BTC price benefited from such expectation, which is certainly positive. BTC price reached its highest weekly level at $73.338. It is quite close to BTCs ATH from March this year. Still, during the second half of the week, BTC reverted back a bit, ending the week around the $69,3K level.
The RSI moved from clear overbought territory, down to the level of 57. There is currently no clear indication that the market started its reversal toward the oversold market side. Moving averages of 50 and 200 days formed a clear golden cross two weeks ago, while MA50 continued its divergence from MA200.
The week ahead will be marked by two important events. The US Presidential elections are scheduled for November 5th and FOMC rate decision, scheduled for November 7th. These two events are promising higher market volatility. In this sense, the price of BTC might turn to both sides quite easily. At this point on charts, there is probability that BTC will test the level of $68K, where the support line stands. Whether the price of BTC might revert to the fresh new ATH, could not be clearly noted at this moment from charts. It would depend on the market sentiment after November 5th and 7th. Trading precaution is highly advisable.
2025 BITCOIN CRASH ?I saw the BTC chart it has been up for 700++ days from a low ($16K), or this will be a sign of an great economic crash in 2025 (winter 2024 or 2025).
89K - 95K will be the new ATH
#BTCUSD The end of #bitcoin correctionHello dear traders
After 5 months, our target of 49,600 was touched today
We have predicted the road ahead in the picture
Good luck
Musk Won, Welcome to the forever BullNobody expected that Trump would have won, but it happened. Like always, buy the rumors, sell the facts.
Nothing else matters, Musk is in Da House!!!
