!! NOT a dream anymore its about to happen very Soon. !!If all the things were right then we can see BTC at its full potential. BINANCE:BTCUSDT
BTCUSD trade ideas
BTC - Important LTF UpdateWe also have very important structure being built on the LTF (lowertime frame) 4H.
The support being built around $69,000 looks amazing. This shows our old resistance on the LTF is being flipped into new support.
If we do have any more downwards price action below this level, the next area that could be defended is $68,200-$68,500.
This final level that would need to be defended if we do get a further drop is $66,000. This would be a higher high on the mid term scale and would still show bullish momentum.
All in all, the structure being built right now looks very solid and could be the staring point of this next leg to try to break the ATH.
BTC 4hr ChartIf BTC goes down, it will most likely stop at 66k. $70,500 green ring is currently atcing as resistance above the correction pattern.
BTCUSDULTRA INSTINCT!!!! You can't be Reactive to the market; you MUST be ProActive! To know what Price is going to do, you have to know what Price is doing, & to determine what Price is doing, you have to know what Price DID!
_SnipeGoat_
_TheeCandleReadingGURU_
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BTC - Finally a Trade Worth TakingSo in our group the other day I posted a trade with a potential target of 95k. Yes we have been patient and patient and even more patient waiting for the right setup. Finally I there was a setup I liked and so we took it.
This was a broad seven (7) month consolidation which is often indicative of 4th waves. Look at Gold for example, broad consolidation before the next leg higher. Well same here for Bitcoin.
Now why Goldie do you take a trade at "the high"? I know you will hear many so called Furu's talk about not wanting to take a trade at a high. Well the philosophy on this is equities making new highs, make higher highs, and after a broad consolidation, a breakout is generally bullish for the equity.
This is exactly what we have here is a pretty broad breakout. So where was the signal?
Pretty simple here, nice inside bullish pinbar on the weekly with two closes above the upper boundary. I like that, shows selling is likely exhausted. Continuations occur after selling is exhausted and often when shorts get stuck trading the boundary. Here we are.
Though I have added some Bitcoin during the consolidation, (I sold my BITO and bought BTC outright, I didn't like the speed of decay) I am also taking a trade here.
Now who knows what happens, it is not uncommon to get a retest of the boundary before the move happens, and if so, and we get tapped out, I will just look for another trade. The key here is we are getting 3:1 or better on our RR so if I am right 50% of the time, I am making money!
There are a couple other coins I am looking at for this next bull run, and as I shared with the group today I have bought another coin in anticipation for a bull run. I am looking at always adding some more because once my buds that don't trade anything start talking about buying ELO I already want to be positioned.
Markets are still bull and I am going to follow up with a silver report. BULLL on silver baby!!
Bitcoin- Consolidation before ATH, but what next?At this moment, a new all-time high for BINANCE:BTCUSD seems likely, especially given the consolidation just below the previous ATH and the technical target from the small symmetrical triangle, which could push BTC above 75k soon.
However, I think the broader push everyone anticipates may not materialize.
Even if BTC briefly surpasses 80k, a 10-15% gain might not mean much in the grand scheme.
The media frenzy and crypto influencers projecting Bitcoin to pass 100k by year-end raise some caution for me.
I anticipate a peak around 80k or so, followed by a pullback into the familiar 50k–70k range, rather than a sustained breakout.
In summary, while I may buy in the short term, I’ll be closely watching for signs of weakness.
If these appear, I’ll switch to a short position, as I believe a false breakout from this flag pattern is a realistic scenario.
BTC In Risk Off Mode (Higher Or Lower)Equities/Gold/Risk Currencies are falling as Markets turn into Risk Off mode.
This comes Pre-election which may feed some impetus in.
No buys until falls. Also be careful with shorts as price could explode north. Highs have shown key price action/rejection previously but are not invincible especially on HVA's like this.
Buy BTC from 74.7 tot 75.4Based an a 5m FVG I'm going to take this buy in BTC.
My target is the 50% of a 4H FVG above.
Bitcoin Ascending Broadening WedgeBitcoin is forming an Ascending Broadening Wedge on the daily.
After breakout out of the long term bull flag, we have analyzed the price action and confirmed that Bitcoin key support levels are at 65k and 68k.
Now that we have confirmed support, Bitcoin is forming a broadening wedge pattern.
BTCUSD IDEATechnically, the strong resistance is confirmed. It's easier for us, because at the moment the benchmark is 73500. The liquidity above this zone has not gone anywhere and thus still interests the market. That is, the price can still come back and test 73500
At the moment, the focus is on the local high of the previous wave - 69467 If bitcoin breaks this support and consolidates below it, selling may intensify. but False breakout and price consolidation above 70100 may provoke a buyers..
BTCEveryone keeps asking me where is #bitcoin going and this is what i sent them a few weeks back...
well here is so far so good...
BTCUSDIf the analysis aligns with the market's actual direction, and the currency pair moves in the anticipated direction (up for a buy trade or down for a sell trade), the trade will likely yield a profit. The magnitude of the profit will depend on the size of the price movement, position size, and leverage used.
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.
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
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 - BUZZ LIGHTYEAR...20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
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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.
Bitcoin Approaching Major Resistance – What to Watch Next Bitcoin’s on a tear, currently pushing toward a massive resistance at $77,000. While the momentum is strong, many traders seem to be overlooking this critical weekly trendline, which could pose a significant challenge in the short term.
Here’s my outlook:
• $77K Weekly Resistance: Expecting a brief pause or even a retracement here. This level has historically been a key pivot point and could act as a temporary cap on the recent bullish surge.
• Next Monthly Resistance at $79K: If we break through the weekly resistance, we’re likely to retest $79K quickly. This is the next big level to watch on the higher timeframes, as it may signal the last pause before the final leg up.
• Blow-Off Top Between $95-110k: Beyond $79K, I’m eyeing the potential for a blow-off top, with the final move targeting the $95-110k range. This would align with typical Bitcoin cycle peaks, where parabolic advances often reach unsustainable levels before a larger correction.
Again, I expect this cycle to top out earlier than many expect. I’m looking to the FOMC for guidance; another 50bps cut would likely confirm that behind the scenes, things are falling apart.
In summary, be cautious around $77K, but if we break through, the path to $100K could open up quickly. This run looks poised for a strong finish, but we’re in for some turbulence as we approach these key resistance levels.
Trade wisely and stay alert for sudden reversals.
BTCUSD: Short Term Market Analysis for 11/05/24.*** This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision. ***
This is an update for the 15-minute BTCUSD chart. There was key resistance in the H4 timeframe, and it broke the low trend line of the pich fork. Price tested, the resistance area could drop to 68049. There is support for H4 timeframe. Price may bounce back from support 68189.0–67903.0. If it dips, then it may break yesterday low. The last green box is an order block, and it may retest.
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 15min Elliott-Wave AnalysisIm expecting BTC to surge higher the next hours.
The chart seemingly established the Wave(4). Should therefor have more potential to the upside and finish the 5th Wave.
Is bitcoin will going up until 2025 and bear started in 2026?As u can see, the pattern always closely the same with past cycle..
u can also see my pervious ideas about btc dominance to compared this analysis
NFA & DYOR is always mandatory...
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.
Bitcoin Road to 90KBitcoin is looking extremely bullish my first price target is 90k and up. We should see a breakout shortly above 73k next 2-3days good luck traders and safe trades!! Bull Run 2025 Lets go crypto Market its time
