Bitcoin Short: Change in Wave countsPlease see the updated wave count on Bitcoin. This is a short opportunity to short it near the top.
BTCUSD.PM trade ideas
BTC - Bear SignalWe have made good profits from BTC's bull move. However, it is now time to take sell positions. Price has broken my liquidity trend line. It now needs to break the 86 500 region then continue dropping. We are selling BTC.
Bitcoin’s Path to New Highs: Targeting the $88,542 - $90,715 RanHello Folks
As Bitcoin continues its bullish momentum, the price action suggests a breakout from key resistance levels, pushing BTC towards new potential highs. The chart indicates a strong uptrend with Bitcoin breaking past significant zones, confirming the strength of buyer interest.
Based on my analysis, the next target for Bitcoin lies in the range of $88,542 to $90,715. This target range is defined by the technical breakout and current trajectory, showing potential for further upward movement. However, as always, traders should remain vigilant for any signs of reversal or correction along the way.
This level will serve as a critical area to watch, where a break above $90,000 could pave the way for Bitcoin to test even higher resistance zones, while consolidation or rejection might prompt a pullback, giving traders an opportunity to reassess entries and exits.
Keep an eye on the price action as we approach this target range—Bitcoin’s journey towards $90,000 is one to watch closely!
Once we reach 90k A new update will be shared
BTC to $77,563This weekend, I'm sharing my BTC outlook on TradingView. The thesis: retail FOMO is still strong, with traders buying near the top ahead of a likely correction to the $70K-$74K range. Following Trump's recent election victory, BTC is seeing a bullish surge as traders anticipate economic promises he made during his campaign. However, while optimism is high, any fundamental policy changes will take time to materialize, and the initial market reaction is likely more sentiment-driven than sustainable.
I project that BTC will reach the $77K level, creating a new high while preserving bearish divergence—a crucial point to watch. I’m trading on the one-hour chart, where the current pattern appears primed to repeat until proven otherwise. My stop loss is set below the green support line at $76,218 in case momentum shifts.
As this is my first TradingView post, I hope my insights resonate with you. Wishing you success this weekend as the U.S. market buys into the bullish trend. Good luck, and I hope you find my perspective useful.
November 7 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
Shortly later at 10:30, until 4 a.m. FOMC
There are two Nasdaq indicator announcements.
In particular, in the case of the US interest rate announcement FOMC
The rate cut from 5 to 4.75% is expected
It is almost the same as the forecast,
So it seems likely that it will be applied as Nasdaq good news.
Today was a place with a lot of worries.
I brought a simple analysis article with your votes
But today, for some reason, I want to eat some mild chicken.
At the bottom left,
I connected today's strategy with the condition of maintaining the long position of the purple finger at $73,877
In yesterday's analysis article.
*Red finger movement path
One-way long position strategy (two-way autonomy)
1. 74,372 dollars long position entry section / purple support line completely detached or 2nd section touched, stop loss price
2. 1st section long position 1st target at the top -> Top section 2nd target
(Refer to the 75,412.5 dollars long position re-entry section in the 1st short section of the sky blue finger)
If there is an immediate rebound from the current position
You can operate based on the short in the 1st section of the sky blue finger at the top /
stop loss price when the orange resistance line is broken.
Since the short-term pattern is broken from the 2nd section touched,
The possibility of additional decline after tomorrow increases.
Up to this point, please use my analysis article only for reference and use
I hope you operate safely with principle trading and stop loss price.
Thank you.
Just Buy & Never StopBitcoin, with its fixed supply, acts as a “hedge” against this devaluation. Because no one can print any more Bitcoin, then it can't be devalued by printing more. In this way, if your local currency is falling in value, you can buy Bitcoin as a store of value.
In an extraordinary demonstration of demand for Spot Bitcoin ETFs, U.S. funds saw a record daily net inflow of $1.38 billion as Bitcoin itself hit new all-time highs. BlackRock (NYSE:BLK)'s IBIT fund dominated the inflows, attracting a record $1.12 billion of the total, reflecting the hype of recent events and a growing appetite for regulated BTC exposure among traditional investors.
Tom Lee told the CNBC show hosts that Bitcoin is “potentially a Treasury Reserve asset” for the U.S. If it is adopted in this status and if the price goes up, it can potentially help the U.S. reduce the budget deficit, Tom Lee believes.
BTC BEAR CASE📉 BTC/USDT Long-Term Analysis - Bearish Scenario 📉
If BTC loses the $66.7K level, this would serve as a strong bearish confirmation, indicating that the fifth wave is complete. In this case, I would expect a deeper correction with a target zone between $40K and $37K. This correction could last between 6 months to 1.5 years, suggesting a potential long-term trend shift.
So Confirmation: sub 66.7k
TP: 40k - 37k
Invalidation: after incoming correction if hold 0.5-0.7fib level ( 72-71k till 70.8-69.k) and bounce and make ATH. That will be invalidation for this case.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
HOW TO GET RICH PREDICTING BITCOINS BULL RUN & CRASH! TUTORIALCOINBASE:BTCUSD NASDAQ:IBIT AMEX:BITX
HOW TO GET RICH PREDICTING BITCOINS BULL RUNS & CRASHES! TUTORIAL
In this must-watch tutorial, I'll reveal the secrets to predicting Bitcoin's rise and fall with stunning accuracy. Join me as I walk you through four distinct indicators that you can use to jump into Bitcoin before massive runups and dodge huge crashes. Whether you're a seasoned trader or a crypto newbie, these insights will transform how you approach the market. Don't miss out on this exclusive analysis that could change your financial future!
Smash that like button and follow for more game-changing strategies, ideas, and tutorials!
BTCUSD Daily Inflection Point
This is a continuation of the Weekly Inflection Point.
On the daily we're getting close to a crucial area. A downward move here may indicate a large move, correction on the weekly, daily. 16k could easily be hit. There is also the potential for this momentum consolidation to have a breakout leg to 77-88k before a final correction.
Watch for a break above or below the keltner channel. If the stock market is about to tank because WW3, the debt bubble created in 2008-2020, then Bitcoin will get shocked with it while everyone scrambles for PM's.
After maybe bitcoin will be revived when people realize there isn't enough PM's out there, else some world wide digital currency emerges.
Either way I have little hope for bitcoin, unless the NWO backs it because of the transparent transactions that can be traced, blacklisted, non fungible- control. Such a currency is a fools hope and will be used against you when tyranny seeks control over you.
HODL or FOLD - As always, everything is presented graphically.
- This isn't a price prediction.
- Which trend do you prefer: $125K or $250K?
- Share your thoughts in the comments!
Stay strong, don’t give food to the Whales!
Happy Tr4Ding!
How to Make (and Keep!) Money in Crypto**🧵 How to Make (and Keep!) Money in Crypto 🧵**
1/ **First thing’s first:** Most people *lose* money in crypto. They trade with leverage, get liquidated, and chase price swings. But you? You're smarter than that. 😉
2/ Patience is key. If you're still waiting for the right entry point, you're actually doing just fine. The goal here is to ride trends, not chase falling knives. Let the market show you the way. 🔍
3/ Let’s dive into some indicators. 🔥 Bitcoin has just hit the *overbought* zone on the 1-day chart, which usually signals a pullback within the next 4-5 days. That’s your signal to watch closely!
4/ Here’s the plan: if the market surges, wait for the 1-day indicator (blue line) to drop *below 20* before entering. That’s often a sweet spot for setting up profitable trades. Here's what it looks like: (insert example chart image)
5/ And yes, the 3-day and 1-week indicators are important, too. But in a strong bullish market, getting in when the 1-day cycle dips below 20 can yield solid returns. Sometimes a single cycle can net you *30% gains* in one trade. 🚀
6/ Remember: You don’t have to catch every move. Let the indicators guide you and enter at low-risk points. Keep it simple, stay patient, and let the profits come to you. 🧘
Ready to trade smart? Let’s make this bull market count! 🐂💸
Bitcoin Is Boomin - Be CarefulCharting Bitcoin has become difficult. Like any asset in price discovery, there are really no levels of resistance that are clear on the chart. That said, price almost reached $90,000 before a nice leverage flush down to nearly $85,000. The market is in a euphoric state, so I expect a ton of volatility. That said, there’s little reason to believe that Bitcoin is done, as the cycle should just be getting started.
Just keep this in mind. The previous all time high around $74,000 has not been tested as support. It is HIGHLY likely that it eventually will be.
BTC brief move 1hMITIGATION
FVG
CHOCO
OVER BOUGHT
Please set stop loss always
There is always next opportunity
Confirmation check
3 RULES
Buy
Sell
Wait
FOLLOW YOUR TRAIND SYSTEM FOR LONG RUN
Bitcoin touches $ 76,000 - next?Bitcoin (BTC) continues to capture investors’ attention as it maintains a stable upward trend. Currently trading around $76,226, BTC has seen a 1.96% increase in recent sessions. This growth is supported by positive technical indicators and a favorable market environment, leading many investors to believe Bitcoin could reach the $80,000 mark in the near term. But what are the key factors influencing BTC’s price, and what strategies are suitable in this current market context?
News Impacting BTC's Price
Growth in the U.S. Stock Market: Following Donald Trump’s recent election victory, the U.S. stock market has surged, fostering a positive investor sentiment. This optimistic outlook has spilled over into the crypto market, with Bitcoin benefiting from an influx of enthusiastic investments.
Increased Institutional Interest: Large financial institutions are continuously pouring capital into Bitcoin, viewing it as a hedge against inflation and a diversification asset. These organizations see Bitcoin as part of their defensive strategy against inflation, reinforcing the cryptocurrency’s upward momentum.
BTCUSD’s New Prospects
BTCUSD's technical chart indicates promising growth potential, especially if the price sustains above key Fibonacci support levels. Investors should closely monitor the Support 1 zone and the $77,003 resistance level to seize opportunities when the trend is confirmed. If BTCUSD breaks through this resistance, it could continue its rally toward the $82,078 area, offering an attractive profit opportunity.
BTC - PSYCHOLOGICAL PRICESHere I illustrate the behavior of BTC at key rounded numbers that have served as levels of support and resistance.
We could see price respect this behavior in the near future.
The possible buying entries would be at each psychological price level as the market breaks them to the upside (95,000 - 100,000 - 105,000 - 110,000) ...
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GOOD LUCK
downtrendIt is expected that the price will cross the support trend line and continue the corrective trend to the support range.
If the price crosses the resistance range, the upward trend is likely to continue
BTCUSD BUY ANALYSIS RECTANGLE PATTERN Here on Btcusd price has form a rectangle pattern now broken line 74253 so is like to go up more and trader should go for LONG with expected profit target of 82939 and 93150 . Use money management
GOLD FORECASTIn this analysis we are focusing on daily time frame for BTCUSD.
Of course, this is with two predictions and the entry points are specified
BITCOIN Made a New All Time HighThe price broke the consolidaion zone.
The next level to watch is fibo extension which is approx 93,000.
The price potentially can pull back and move up.
BITCOIN fully supported targeting $170k after the ATH breaks.Exactly 3 months ago (August 05, see chart below) when the price was on the 1W MA50 (blue trend-line), having hit it for the first time since the week of March 12 2003, we claimed that this was the last stand for Bitcoin (BTCUSD) if the market wanted to maintain the Bull Cycle, as based on the previous 3 Cycles, it was the absolute supporting trend-line:
The 1W MA50 eventually held not once but twice and that gave way to a rally that last week tested the 73800 All Time High (ATH). That is incredibly bullish, especially only two days before the U.S. elections, as from the historic patterns we've shown you before, a Parabolic Rally has started after each election.
So according to our August comparison chart, if history is repeated, BTC is looking towards at least the 1.618 Fibonacci extension from the ATH, which is roughly a little over $170k.
But what do you think? Are you expecting the ATH test to start a massive rally similar to all previous Cycles? And if so, is $170000 a realistic Target? Feel free to let us know in the comments section below!
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Technical analysis on Bitcoin USDTHere’s a basic technical analysis based on the indicators shown:
Price Action
The chart shows an upward trend for Bitcoin (BTC/USD) over recent candles, indicating bullish momentum. The price has risen from around $74,000 to above $88,000.
Relative Strength Index (RSI)
RSI Value: 59.86 (visible on the right)
An RSI value around 59.86 suggests that the asset is neither oversold nor overbought, with a slight tendency toward bullishness. Typically, RSI values above 70 indicate overbought conditions, while values below 30 indicate oversold conditions. As RSI approaches 60, it signals a continuation of bullish strength without yet reaching the overbought zone.
Moving Average Convergence Divergence (MACD)
MACD Line (Blue): 281.28
Signal Line (Orange): 316.25
The MACD line is slightly below the signal line, which could indicate a potential bearish crossover if the trend continues. However, since both lines are close together, there may be some consolidation or a minor pullback before any clear bearish trend.
Support and Resistance Levels
Support: There seems to be support around the $76,000 - $78,000 level, where the price bounced previously.
Resistance: Resistance is currently near the $88,000 level, where the price is trading. A breakout above this level could signal further bullish momentum.
Overall Analysis
The chart is showing bullish momentum with the price in an upward trend. However, with the RSI approaching 60 and a possible MACD crossover, there might be some consolidation or minor pullback before further moves. If the price breaks above the $88,000 resistance level, the bullish trend may continue; otherwise, it might range between $76,000 and $88,000.
#btcusd #BTC #elliottwave short sell setup 8Nov24 Wave AThis count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
