BTCUSDT.P trade ideas
BTC - Price is fractalJust a small post about how to use fixed range volume profile to mark potential demand zones for a retest.
It works on all timeframes, recently had these two great examples on H4 and m5.
For fixed range vp, don't pay too much attention to VAL and VAH, instead focus on the high volume nodes, these should give better reactions.
What happens to Bitcoin after the U.S. election?The D-Day for U.S. elections is here, and the short-term impact of the outcome on Bitcoin (BTC) could be big.
According to the latest Bernstein outlook, a Harris win could drag BTC to $50K, while Trump’s victory could rally it to a range between $80K-$90K.
The research and brokerage firm cited Harris’s relatively hawkish stance as the reason for BTC’s $50K target.
But if Trump emerges as the winner, the analysts projected that BTC could hit a new ATH, citing the former president’s pro-crypto stance.
Amberdata, a blockchain insights firm, and asset manager Bitwise, echoed the same projection, although with slightly different targets.
According to Amberdata analysts, there could be a $6K-$8K price swing depending on who wins the U.S. elections.
This was consistent with recent action by hedge funds for potential bullish outcomes while covering for likely wild BTC price swings.
Based on BTC’s sensitivity to Trump’s odds on Polymarket, Bitwise analysts found BTC could surge 10% if Trump wins. Conversely, BTC could drop by nearly 10% if Harris wins.
That said, at press time, Deribit data showed options traders were pricing a 21% chance of BTC hitting $80K by the end of November.
When zooming out from the short-term U.S. election noise, BTC’s long-term impact has always been positive in the past three election cycles, with Bernstein projecting $200K by 2025.
BTCUSDT Based on the chart, here’s a concise bullish trading strategy:
Key Support Zone: Watch the area around 68,500 USD, where the price is likely to retrace and rebound.
Entry Point: Consider entering a buy position if the price touches the support zone around 68,500 USD and shows signs of a bullish reversal.
Take Profit Target: Aim for 70,200 USD or higher, where the price previously reached a peak.
Stop Loss: Place a stop loss below the support level at 68,486 USD to manage risk in case of a breakdown.
This strategy anticipates that the support zone will hold, allowing the price to bounce back for the next upward wave.
Bitcoin Hi traders Bitcoin is bearish completely like Ethereum; specified low 2500$ is engulf; it's sign of market direction
#BTC Bullish BTC Two bullish Scenarios
First Scenario Market Buy
Second Scenario Limit Buy
Long-term bullish
Btc weekly chart analysis Btc weekly chart analysis
this is the big big time to hit 80,000 usd once weekly closed above 65000 $
dont listen anyone who say this bearish time we are going to hit 80k$
october after 16 we will be highly bullish until nov-2024
cheers my trades
BTC weekly with geometric trading style BTC is aiming for 128k Where is nothing else to talk about :) Tradingview does not allow me to post an idea with one single sentence. What a disaster. Actually i use tradingview only while i wait for tesseractpto.io to update timeframes.
BTC: Cup and Handle Pattern?A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
Possible Bearish Wedge I don't short based on this pattern and I think its better to long after correction.
BTC CORRECTION OVER ? BTC had been in a downward trend for almost a month now. We saw a clear impulse wave and now the corrective wave in the form of a ABC Regular Flat seems to have been concluded.
With more bids coming in, we should see a bounce from this level
However, anything is possible in the world of crypto hence risk management is the key.
Disclaimer: Not financial advice.
BTCUSDT #2Addition to the Previous Idea on Bitcoin: Local Timeframe Analysis
On the local timeframe, a range has formed, with a support level below that is acting as a liquidity zone. I anticipate that once this liquidity is taken out, the price will reach the order block on the 4-hour timeframe and then aim for the previous week's high.
Mensual Chart --: Projection for end-start yearCommon pattern call flag, where the path continues with the same move or 70% of the started movement. Good OPs to everyone
BTC - Daily Close SignalHere is an update to our previous post:
As you can see we did have another daily candle close the body EXACTLY on our trendline of old resistance that is trying to be flipped into new support. Also we have a hidden bullish divergence forming on the daily RSI.
Even if price wicks lower tomorrow, if we get a third daily close right on this trendline it should give us confirmation the next higher low has been set.
If price moves above 69,000 we going bullish The price appears to be retesting after breaking the support on the 1H TF, but we anticipate that it will rebound and rise.
#BTC Cup handle bullish structure📊#BTC Cup handle bullish structure📈
🧠From a structural perspective, we broke through the short defense point, which means that the short structure was destroyed. Without the short structure as an obstacle, it will be much easier for us to continue the bullish trend at the monthly level in the future. If we continue to adjust and accumulate strength, the structure may evolve into a bullish cup handle structure.
➡️This time we challenged the historical high and failed with a gap of $156. Combined with the international situation, the Fed's interest rate cuts, and the uncertainties of the US election vote have led most assets to choose a wait-and-see attitude.
➡️Although the market is gradually cooling down, we don't need to be too discouraged. A healthy correction is conducive to a better rise in the future.
Let’s see 👀
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BINANCE:BTCUSDT
Retail traders expecting bullish BTC ahead of electionsAccording to the CBOE COT report, most non-reportables (aka retail traders) are expecting bullish results in the coming days/weeks.
This is opposed to the positions of hedge funds, who are hedged neutral, likely expecting a bearish response to buy into dips later on.
A likely fakeout of the triangle will lead to a price around 64.9k, which is a decent 5% correction from current levels.
Bitcoin continues to fall?Considering the resistance in the range of 69087, after the failure of this area, it can be expected that the range of 69897 and 70773 will continue to rise. Otherwise, the support range of 68016 will be broken Expect a fall to the range of 67229 and 66449
BITCOIN breakout of the main resistance Hello and greetings to all the crypto enthusiasts, ✌
The previous analyses regarding Bitcoin have not only met but exceeded their bullish targets. In this assessment, we will provide a comprehensive summary of Bitcoin's price movements within the pertinent timeframe. 💣🚀
The price has successfully pierced through two notable resistance peaks and is now approaching one of its most significant resistance levels observed in recent months. 📚✔
Given the impressive surge in trading volume, coupled with the insights gleaned from the technical chart, I am optimistic about the potential for either a touch or a decisive break of this resistance in the immediate future. However, prior to that breakthrough, we may experience a phase characterized by sideways movement or brief bearish candles. 📚🎇
🧨🧨 Our team’s overarching perspective leans toward further bullish movement and the possibility of overcoming this prolonged resistance, with the expectation of encountering neutral or ranging candles in the short term. Additional scenarios are also illustrated on the chart, indicated with lighter arrows, while the price targets are clearly marked for your reference. 🧨🧨
To enhance your understanding, I’ve summarized the key takeaways at the bottom of the chart for your convenience. I hope you find this analysis insightful and beneficial. ✌🎉
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
LAST BITCOIN UPDATE BEFORE ITS FINAL MOVEA beautiful trap is being created to seek to liquidate those who are already entering long believing that from there they will break maximums, you who follow my analysis already know that that is not going to happen, I set a deadline for massive liquidations on the day 05/11. Don't get ahead of yourself, we have a pending gap that will be filled in the next few days or hours. As I always say, do not leave orders in place, leave alarms and wait for the zone. There is always a fuse that goes further below the objective, maximum leverage (15x).
BTCUSDT BREAKOUT ON SUPPORTBitcoin has broken through the hourly support around $69,060, and we are currently observing a pullback. This pullback is expected to fill the gap left by the recent drop and retest the highs near the highlighted resistance zone. From there, we anticipate a continuation of the sell-off, pushing the price down toward the lower support level at $67,626.
BTC expectation (1W 1D 1H) (Support & Resistance, Trend)
In my previous post on BTC, I viewed the current downtrend as a temporary pullback before the USD presidential election.
We now have limited time left before the election and the upcoming week is going to be very important. Although the election takes place on the 4th, results may take several days, with the vote-counting pace varying state to state. This might lead to significant volatility during this period.
I do technical analysis but I also respect the fundamental analysis - we cannot overlook events like the election outcome.
✔ The price remains above the resistance line of the weekly downtrend, giving us expectation of a continued uptrend.
✔ In the hourly chart, I expected the pullback to reach as low as 67.3k where the purple arrow points. The pullback was not as aggressive as it could've been so we unfortunately missed that opportunity.
69.3k line has been resilient for the last few days but eventually failed to hold the pullback longer. The price is currently in the 68 - 69k zone which is crucial.
💡 I think there are 5 scenarios we can expect:
1. The price may move up again from here with 68 - 69k zone acting as a support zone. The aggressive dip did stop as soon as it reached 68k. However, I find this approach risky because it's just an assumption based on the zone - price does not always respect key zones & levels. While more price actions in the past indicate the higher chances it might, but it is never a guarantee. (If it was, we would all be a billionaire.) We should always react rather than predict and only trade when we see a confirmation. And even then, there's always a chance of still being wrong.
2. The price may dip further down to 67.2 - 67.3k, which in my opinion, is much more reliable level than 68 - 69k. This level aligns with the resistance line of the weekly downtrend.
If we can confirm a reversal here, I think it would make a great sign of a bull run.
If it does not, however, probability of an uptrend drops significantly.
3. The price may react around 67.3k (if it ever reaches it), but might end up continue dropping to 65.3k. While a reversal here could be a good entry opportunity, it would be less reliable than the previous one.
4. This is our last chance to hope for a reversal. If we confirm a reversal in 63.1k, we might enter for LONG. However, if the price ever drops to this level, I wouldn't put much hope.
5. This is the last scenario - unlike the above four, this one is scenario of BTC failing to keep up the uptrend and switching back to the downtrend. If the price reaches below the last trendline, likelihood of it reversing becomes very low.
✔ Conclusion
So what is the best scenario among the five for us?
In my opinion, it is scenario 2 because it proves that the resistance line of the weekly downtrend now acts as a support. This trend line is more important than any other lines in the chart.
If the price falls below this line, our chance of seeing an uptrend becomes lower. I am not saying it becomes impossible because there's never a 100% guarantee in this market - but the chances are so low and risks are too high that I wouldn't bet on it as a disciplined trader. We should always stay disciplined and manage risks.
Few successful gambles may give you a temporal gain, but will eventually drag you down in long term.
Avoid making assumptions based on key levels - they aren't respected every time.
Always trade after confirming the reversal because we never know what happens.
React, not predict.
10X? The Final Crash Is In —Bitcoin Is Going Down!Some people go even higher, but I never go higher than 10X. I could easily say that Bitcoin can be shorted right with up to 10X easily. I am looking at the 1H timeframe and we have a new lower high today (vs 21-October) and it is very clear and decisive. All the signals are present.
This is to say that Bitcoin peaked/topped and is ready to resume moving down. There is no going back.
This will be the end of a cycle, literally, a very long one and something we have been expecting for a very long time. Our markets truly will change.
The world will change, perceptions will change, feelings will change, sounds and vistas will change. How you experience/see and understand the market will change.
When Bitcoin trades around $30,000 it will be a completely different experience. You might even look back at this date and wonder... It will be so different. But it will recover in time and all is good, all will be great; life is great.
It will recover in time and all is great but it is going down for sure, the signals are clear on the chart.
Imagine the huge surprise millions of people will go through when they see Bitcoin below 40K, can you imagine? It will recover and it will recover strong and fast (many months) but they don't know this because they don't know it is going down in the first place.
When the crash starts to unravel people will be fine because they don't know what is coming and they won't know what is happening, so all is good, they will say. But when prices move below 50K we will start to see panic and this panic will accelerate the whales profits take.
When it goes below 40K some people will start to plan how hard is going to be the jump, they will be planning jumping out of their balcony of course.
When the low is in, many people will give up at this point and sell at the low. A very large portion of retail will wait for the lowest price possible and only at this price they will give up and fold. It is only at this price because it is an energy and this energy will tell them that Bitcoin is going down, but is already down at 30K so we could easily say once the low is hit that Bitcoin is going up. But most people will see it in reverse.
This last part will produce the bottom wick and this will give us a clear and very strong signal when the bottom is in. With the bottom in, a new cycle starts and everything will be fresh. For the ones holding bags, for those being liquidated everything will sound horrible and feel ugly and look bad. For those on the outside and waiting to buy or those waiting patiently with smart shorts, everything will look just like at the end of a storm. There was lots of movement and excitement but the air is clean and it is time to build back up.
Bitcoin is going down and I can tell you this without a single shred of doubt but once it is down it will recover and grow.
The whole event should only last a few weeks and in the worst case scenario one or two months.
Once the bottom is in, up we go.
I'll be here writing for you and giving you updates live... I hope you enjoy the content and I appreciate your continued support.
Namaste.
