Bitcoin forecast Hi traders. Bitcoin will start uptrend from left shoulder. Left shoulder in specified flag , is last remained orders in this scale Longby Market_Magazine4
BITCOIN The Ultimate Cyclical Buy & Sell Blueprint! MUST SEE !!!Bitcoin (BTCUSD) has been basically trading sideways for the past 6 months following the massive surge at the start of the year due to the introduction of the BTC ETF. There might be no better way to illustrate this 6-month ranged trend than the current chart on the 1W time-frame. ** Buy-Hold-Sell Zone ** On this chart we depict BTC's Cycles in terms of Zones of BUY-HOLD-SELL. As you can see the first two Cycles placed their previous tops just above the 0.618 Fibonacci level, while the most recent one just below the 0.382 Fib. ** When to Buy ** We've found that the 1.0 - 0.786 (Green) Fib Zone is usually the best Zone to Buy, despite the FUD (Fear, Uncertainty, Doubt) investors may have at the time due to the concluding Bear Cycle. All these emotions are normal to have under those circumstances but it's those that traders need to filter out and make the cold decision to buy. ** When to do nothing ** The 0.618 - 0.382 (Blue) Fib Zone is where investors are encouraged to do nothing and just Hold BTC, despite the temptation to sell and take profits after the first strong rallies of the new Bull Cycle or at times when volatility hits the market and disbelief of Bull Cycle continuation makes its presence. ** When to Sell ** The 0.236 - 0.0 (Red) Fib Zone is the best Zone to Sell, even if successive rallies hit euphoria to very high levels making investors expect/ hope that the Bull Cycle will continue to higher and higher levels. ** So where are we now? ** So assuming that the current Cycle will have the previous top just below its 0.382 Fib (such as the previous Bull Cycle 2019 - 2021), we can clearly see the potential Zones of Action. The 1.0 - 0.786 Fib Zone (Buy) was from the moment of the 15.5k Bear Cycle bottom until Bitcoin roughly broke above the 1W MA50 (blue trend-line) again. Then it flashed its Buy Signal every time the March - October 2023 consolidation bottomed and pierced through the 0.786 Fib. It becomes also obvious that the recent 6-month consolidation (March 2024 - now) we talked at the start is nothing but the usual cyclical Hold Action (0.618 - 0.382 Fib) for Bitcoin. In fact, as you can see, this sideways trading has been taking place at the upper level of the Hold Zone within the 0.5 - 0.382 Fib. ** Start selling at 100k? ** With the 1W MA50 tested again last week (2nd time since the first week of August) and so far holding, the market is making a case that we are in cyclical terms on the 'No-Action' region of the Cycle, and most likely shouldn't sell despite the disbelief and fear that the recent 6-month ranged trend may have caused. The time to start selling, if the model is materialized, will be at exactly $100k (0.236 Fib) and potentially lasting up to just below the $200k mark (0.0 Fib). But what do you think? Do you like this Buy-Hold-Sell Zone classification? Are you expecting this model to repeat the cyclical activity of past Cycles and if so, will you start selling at $100k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot9980
BITCOIN could see a price @ 80,000 in the next couple of weeks. I know some have written-off Bitcoin at least in 2024. I never did because what you often see on Wall-street when banks and financial institutions have a bad day with their share price, its's the cryptocurrency sector that usually shines. Bitcoin has been helped along in its price by a head 'n' shoulders pattern on the daily chart & in the past couple of days has pushed higher in it's price considerably. At the moment 60,400. Bitcoin's 4 year in the making weekly-chart cup 'n' handle pattern is ready to pop, price now only 20% below the neckline. Now, if the US-Dollar breaks out next week as measured by the USDX-index, and I still have this compulsive urge that it will happen prior to FOMC next Thursday, after which the USD could seriously tank under $1 on an interest rate cut, well I believe that assets like Gold would initially sell-off on an interest rate reduction but I am not so sure about Cryptocurrency, in fact I think it could shine. Some are saying it's going to sell from here. I see 80,000 in a short space of time. * My own views and not to be taken as financial advice. At time of writing I have long positions in Bitcoin, ZRXUSD and DOGEUSD.Longby Easy_Explosive_TradingUpdated 3
BTC TRADE IDEABtc/Usdt is under big resistance where is Monday high as well. We can see sell off here after taking liquidity of Monday high and can target Monday low. I am going for short hereShortby Thebitcoin373
BTCUSD break trendlineBtcusd exit the KUMO. We want to see a pullback so that the can enter long at discounted price. Wait price retrace to Kijun for decision making.Longby AdamIdris23
BITCOIN Will Go Up! Buy! Here is our detailed technical review for BITCOIN. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 58,303.48. Considering the today's price action, probabilities will be high to see a movement to 59,388.57. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 117
Bitcoin versus NasdaqInstead of arguing if #Bitcoin will rocket or not, how about understanding where the lower risk entry points are? According to the evidence, there is no lower risk, higher probability entry point right now. I'm patient, and so should you be. You can avoid a disaster.by Badcharts3
btcI still believe that it can be attractive to buy at lower points. Current Bitcoin prices are not attractive for whales and big companies.by hosseinghaffari673
BtcusdtEntry 1h so I think this entry is safe. Leg one then flag snd fainally secone legLongby PEYMANDEHGHAN_792
New POC in Volume Profile for Bitcoin Day of FOMC 9/2024Chart shows volume profile for Bitcoin from start of 2024. Today, the first rate cut by FOMC, the POC was $67,000 in the morning and flipped down to price after hours. New POC is at $61,000. This means price now has support.Longby gb50k2
BTC GET READY FOR BLAST OFFcup and handle lookin kinda juicy Can see a nice jump in these next couple week be readyLongby Juicyho3
Bitcoin (BTC): Another Rejection From 100EMABitcoin has made another liquidity sweep to 100EMA, where we saw a nice rejection once again. Most likely, if we see a good bounce back here, this should be a final conformational rejection and a further movement will be followed to lower zones! Swallow Team Shortby SwallowPremium7
Watching for 57-57.5K levelMorning folks, So, upside target of last week around 60.5K is done, H&S worked very nice. Now, I suppose, it makes sense to wait a bit and see what will happen around 57-57.5K support area. Reason is simple. Technically BTC keeps door open for both scenarios. Supposedly the Fed statement should be dovish and supportive to BTC, but only if they either change rate for 50 points (that I have big doubts about) or will tell something very dovish on conference. Right now we do not have any clear signals. So, our choice is to wait when market hits support area, then watch on 15-30 min charts for any bullish reversal patterns. If we get any - it will be possible to use them for long entry. If not, or if the level will be broken - it would be better to forget about long entry for some time. by Sive-Morten3
Correction It is expected that the price will stabilize above the support range and then continue the upward trend. If the price crosses the resistance trend line, the upward trend is likely to continue Shortby STPFOREX3
BTC Bitcoin Bullish Inverse Head And Shoulder Bitcoin's monthly chart is showing an inverse head and shoulders pattern, suggesting bullish momentum could be building. 📈🚀 Keep an eye out for a potential breakout! #Bitcoin #Crypto #BTC #BullishLongby TradingMula3
Bitcoin's Downward ChannelOn the daily chart for BTC/USD, we can see that the price is currently trading at the upper end of a descending channel, indicating resistance. The price has been consolidating within this channel for several months, and it appears that Bitcoin is struggling to break above this resistance zone. Given this bearish structure, it is likely that we will see a downward break from the channel, pushing the price lower towards the $41,000-$39,000 support region. However, I believe this pullback will be followed by a strong bullish move, as the price is likely to find support in this area and potentially start the next leg of the bull run.Shortby AmirHossein.J3
BITCOIN BULLISH TO $77,000 (NEW ATH)I still believe that Bitcoin has a chance to create a new All-Time-High in the coming months & shake out early sellers, same way late buyers have been liquidated recently. ⭕️A-B-C Correction (Sub-Wave) Completed on Weekly TF. ⭕️Major Wave 5 Impulse Move Yet Pending. ⭕️Liquidity Pending & Price Compression Pattern Identified. Invalidation zone below previous Wave 4.Longby BA_Investments4
Bitcoin — Waiting For The Next MoveTechnically, Bitcoin remains within a descending channel, and 58k is still the critical resistance. A daily close above 58k would be a step forward, but for the bullish case to gain traction, 60k needs to be cleared decisively. For now, 58k holds. If Bitcoin continues to stall here, the odds of a pullback toward the 52k lower trendline increase, as highlighted in the chart. Key Takeaways: - 58k remains a barrier: Despite promising price action, no breakout has materialized. - Bearish scenario still valid: The longer Bitcoin consolidates below 58k, the more likely we revisit the lower trendline at 52k. - FED meeting ahead: With the upcoming meeting, Bitcoin may hover between 57k and 58k until then. The bullish signs are present, but 58k is still the level to watch. Without a firm break above 60k, the risk of retesting 52k remains strong.by ben_walther4
copy #2: Halving pattern built into FOREX The blue circle shows the trend moving along the wave. The FOREX Smart Money Contraction red horizontal line is the GETTEX:64K rejection which may or may not get rejected. If the trend gets rejected then will downtrend but will continue to move up passing the GETTEX:64K level. Keep in mind, that halving never travels in the exact direction but only in different volumes. Longby The_ForexX_Mindset229
(Update) !!! Bitcoin Analysis : Bull or Bear ? (READ)BINANCE:BTCUSDT Currently, it can be said that Bitcoin has completed its fourth corrective wave and from now on, the price can be expected to rise to the top of the triangle. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!by CobraVanguard66131
BTCUSD- Inverted Head and shoulder (Buy on dips)Chart pattern- Inverted Head and Shoulder Potential reversal zone- $52530. BTCUSD showed a minor jump of nearly $1000 from a minor bottom of $57477. It hit a high of $58777 and is currently trading at around $58506. According to the CME Fed watch tool, the probability of a 50 bpbs rate cut in Sep increased to 67% from 30% a week ago. Technicals- BTCUSD trades above the short-term moving average 34- EMA below 55 EMA and below the long-term moving average (200 EMA) in the 4-hour chart. Minor support- $57000. Any break below will take it to the next level at $55000/$52500/$50000/$46000. Bull case- Primary supply zone -$60800. Any break above confirms a intraday bullishness. A jump to $61800/$63000/$65000/$67000/$70000 is possible. Secondary barrier- $70000. A close above that barrier targets $750000/$80000. It is good to buy on dips around $57500-550 with SL around $52000 for TP of $70000. Longby FxWirePro2
BTCUSD: Short Trade Explained BTCUSD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell BTCUSD Entry - 59781 Stop - 61134 Take - 57305 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals118
BTCUSD - FOMC DAY KEY CONFLUENCE @ 61346 Thank you for your time to read, boost and/or follow my analysis. I deeply appreciate it.by ANROC3