Get started
BitcoinBitcoinBitcoin
#1#1#1

Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BTCUSD trade ideas

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
COINBASE:BTCUSD
by avatarfreak
Bitcoin’s breakout above $73,000, target of $75,000 to $77,000Here's a technical analysis based on your Bitcoin (BTC/USD) chart: 1. **Current Price and Key Levels**: - **Current Price**: Bitcoin is trading around $72,595. - **Breakout Level**: The price recently broke through the $73,000 resistance level, indicating a strong upward momentum. - **Support Levels**: Key support levels are visible around $66,593 and $54,896. 2. **Trend Analysis**: - Bitcoin is in an uptrend channel, with higher highs and higher lows forming. - The breakout above the $73,000 resistance signals potential bullish continuation. 3. **Target Levels**: - **Short-term Target**: Based on the channel and breakout, the next target range is around $75,000 to $77,000 . 4. **Stochastic RSI**: - **Current Stochastic RSI Level**: The Stochastic RSI is around 67.25, showing that it is nearing the overbought zone. - If the Stochastic RSI enters the overbought zone, it may indicate a potential pullback or consolidation. 5. **Volume**: - The net volume is relatively low, suggesting that the breakout might need more volume support for a sustainable uptrend. Summary : Bitcoin’s breakout above $73,000 indicates bullish momentum with a possible target of $75,000 to $77,000 . However, watch for overbought signals in the Stochastic RSI, which may indicate a pullback. Maintaining support above $66,593 will be crucial for the bullish trend to continue.
BINANCE:BTCUSDLong
by Z4F4R
1
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!
KRAKEN:BTCUSDLong
by TulpenFieber
2
BTC/USD | We could possibly see new highs before this year ends!We've seen former US President Trump used Bitcoin to pay for the food and drinks of patrons who attended the crypto-themed bar in New York. I guess this unique situation speaks for itself. If he will get re-elected, be ready for another breath taking crypto rally. But honestly here's my opinion, inflation is the greatest enemy of fiat currency because of the unlimited supply thus fiat currency loses its value as time passed and since BTC is limited, I think Bitcoin will be the safest storage of wealth in the future. Unlike Gold, you can bring your Bitcoin in any part of the world.
COINBASE:BTCUSDLong
by blue039
rally that is slow taking offwe have broken out of the channel weekly and are trying to confirm another higher daily low in the pattern. sequencer has not completed its bull exhaustion pattern, and we havent lost trama although it isnt rising yet. supertrend is still in a holding pattern, but the larger move hasnt brought us down to signal at this top yet. new all time highs are still the target, and i wouldnt be surprised to see this confirm a breakout and head toward $79k. im interested in smaller moves, and ill be using BITO during normal trading hours.
BITSTAMP:BTCUSDLong
by cerealindicator
BTCUSD:Watching $76,400 support trendline break. Potential shortBitcoin's bullish momentum has reached a critical juncture. Key Levels: - Support Trendline: $76,400 - Breakout Target: $69,720 (previous resistance) - Long-term Target: $85,000+ Entry Strategy: - Wait for break of support trendline ($75,400) - Confirm bearish momentum - Short positions considered Market Sentiment: - Cautious, awaiting break or bounce Technical Indicators: - RSI: Neutral (50-60) - MACD: Converging lines Near-term Outlook: - Break below $76,400 may trigger sell-off - Bounce or consolidation possible - Long-term uptrend intact Recommendation: Monitor $76,400 support trendline closely. A break may present short-term opportunities.
COINBASE:BTCUSDShort
by SL2ENTRY
BTCUSD Short-Term Analysis for 08/11/2024 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. However, with the price holding above the 20 and 50 EMA, there's potential for another upward move. Key support level to watch: 74,551.42. A break below this level could trigger a downturn to fill the imbalance gap." gap. Key Levels: Support: 74551.42 Trading Bias: Following up on our previous analysis, the BTCUSD price continues to consolidate within an bullish pennant pattern on the 1-hour chart. The probability of an upward breakout is increasing, which could propel the price towards new highs, potentially to 78,000.
COINBASE:BTCUSDLong
by avatarfreak
Bitcoin weekly chart. A hint at how its price may head very soon My understanding is that BTCUSD has already broken the breakout top-line of the weekly cup, it was a price at about 73,750. I could be wrong, but approximately correct. This means BTCUSD has broken out already. This weekly chart of bitcoin contains the famous weekly head n shoulders pattern that first started forming back in 2021 or was it 2022? Either year is long enough. In the chart you will also see a rising wedge on this weekly chart. Well bitcoin is climbing to the top right now and does not have far to go. USD might be very strong today so it may not be the session for Bitcoin, but Bitcoin is so resilient to the USD that anything is possible and BTCUSD moves fast when it wants. Price will bounce out of the top of wedge and become independent to formations, before it makes a short retrace and then heads over the critical area which is the Cup top-lining. This will probably happen very quickly but there should be a retest of the breakout zone. Also, you want to view the price action on a very low time frame, like 1m to 5m. There will probably be a bullish rising wedge that price also moves in before separating and breaking out. Good luck.
EIGHTCAP:BTCUSDLong
by Easy_Explosive_Trading
THE WHALES accumulate in BTCis it clear now btc ? NASDAQ indice had the same confermation before break the top of december 2021 , btc on accumulation and it's prepare for a big movement up , this boring movment and go up and down , it's just to make ppl disbleaf in this market and to let ppl sell thier coin , not all ppl will get rich . now we are making a bottom , the big confermation is breaking above 66K. don't be greedy . don't but your all eggs in one basket this is my analyse it's not a recomandation to buy or sell !! #bitcoin (cryptocurrency) #btc #bitcoin
BITSTAMP:BTCUSDLong
by smocks
BITCOIN TREND PIVOT With all the geo-political noise it's easy to get caught up in the low timeframe madness. Zooming out and looking at the High timeframe structure, things get a little simpler... For me, BTC has been in two different smaller phases within a larger bullflag pattern. Phase one is the bearish part of the bullflag where price prints lower highs and lower lows , this lasted for 150 days with a pivot once price wicked into the bullish OB @ $50K. From that pivot point the second phase started and it's where we are now. Once we got our first higher low the new bullish trend began, higher lows and higher highs followed and continues on until now. Now the interesting part is how BTC has broken out of the bigger bullflag pattern and that's shown by the X's and ^'s on the chart. In recent days BTC has broken out of the bigger bullflag pattern as shown by the tick where price rejected off the '21 ATH and retested what was formerly trend resistance and now support after a successful bullish reaction off that level for the first time in 8 months. Price is now at the highs with the US election around the corner and %16B FTX repayments on the way , can BTC go one step further and make a new ATH? Time will tell but for now the structure is the most important thing. Higher highs and higher lows, that's it.
BITSTAMP:BTCUSD
by ProR35
🔍 Bitcoin Halving 2024: Unraveling the Next Big Rally🔥CRYPTO:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. With only 17 days left until the monumental #Halving2024 event ⏳, the anticipation within the crypto community is palpable. Bitcoin ( CRYPTOCAP:BTC ), the trailblazer of cryptocurrencies, is already trading above its All-Time High (ATH), signaling a market that is ripe with optimism. But the real spectacle? It's just on the horizon. 65K is my ideal support for further corrections. Follow me for more insights ... 🚀🌕 📈 What to Expect? Historically, Bitcoin undergoes a halving event every four years, a process that cuts the mining reward in half. This deflationary mechanism reduces the new supply of Bitcoin, potentially leading to an uptick in price as demand continues to rise against a limited supply. The aftermath of past halvings has witnessed substantial rallies, and the question now is, not if, but how high will CRYPTOCAP:BTC soar post-Halving2024? 🔑 Key Insights: Our analysis delves deep into the historical data, comparing pre and post-halving market behavior. The patterns observed suggest a 'wild mode' activation for Bitcoin, often kickstarting a major bull run. But what makes this halving event different? With CRYPTOCAP:BTC already above its ATH, the stage is set for unprecedented growth. 💹 🧐 The Break Point: The Halving Event is often regarded as a Break Point for Bitcoin, a transformative phase that catapults it into a new valuation territory. Our projections, rooted in sophisticated economic models and historical trend analysis, point towards a bullish explosion that could redefine market expectations. 🌐 📊 Strategy for Investors: The countdown to the halving is a critical period for investors. Being early in accumulating CRYPTOCAP:BTC and altcoins could position you advantageously for the impending rally. Our advice? Don't wait for the market to move post-halving. The opportunity is now. Accumulate, diversify, and prepare for the ride of a lifetime. 📈 💥Be Part of the Revolution: #Bitcoin's halving is not just an event; it's a testament to the resilience and revolutionary nature of cryptocurrencies. Join us as we navigate through these exciting times, armed with data-driven insights and a community of passionate investors. Whether you're a seasoned trader or new to the crypto space, now is the time to be part of something extraordinary. Let's embrace the future, together. 🚀🌕 #Halving2024 | #BTC | #CryptoRally
CRYPTO:BTCUSDLong
by CrazyS
2
BITCOIN HEADING HIGHER! BUCKLE UP!!!COINBASE:BTCUSD NASDAQ:IBIT 🚀BITCOIN HEADING HIGHER! BUCKLE UP!!! 🚀 Bitcoin is unstoppable, and the next U.S. President won’t change that! 🌟 +67% Potential! In our previous video, we did a deep dive into Bitcoin. Here's what we covered: 1️⃣ High Five Setup: MASSIVE Multi-Year Cup & Handle and Bull Flag Patterns. 2️⃣ Historical Review: CRYPTOCAP:BTC tops and bottoms – spoiler: we haven’t topped yet! 3️⃣ Trade Insights: Entry/exit points and price targets. We've successfully bounced off the BULL FLAG retest area and are heading higher. Breaking $74k could mean a breakout of the multi-year cup n handle pattern, targeting over $100k! 🚀 It's early on election night, but in the long run, it doesn't matter for Bitcoin. Don’t believe the FUD. NFA #Bitcoin #Crypto #TradingStrategy #HighFiveSetup
COINBASE:BTCUSDLong
by RonnieV29
Bitcoin Breaks the Trendline: Breakout or Just Another Fakeout.?Bitcoin has once again breached its established trendline, raising the question of whether this is a legitimate breakout or just another false movement, akin to previous instances. At this juncture, Bitcoin could take two potential paths. For a significant downward shift to occur, Bitcoin must break through a critical support level of 66000 dollars. If this level is compromised, it may indicate a sustained downward trend. It's also important to note that upcoming events, such as the US elections, could have a substantial impact on market dynamics. Therefore, exercising caution and conducting thorough analysis before making any investment decisions is highly advisable.
COINBASE:BTCUSD
by Kartik_Elkunchwar