BTC FUTURES In Bitcoin futures, there were two gaps that needed to be filled on the way up at around 28,000 and 35,000. The 28,000 gap has already been filled, and now we are moving towards the next one. We are currently very close to the golden zone, which is a price range where the price may either break through or bounce off. Based on my analysis, I believe that the price will drop back down to 6,900 at the 0.236 level before the halving event.
BTCUSDK2025 trade ideas
Bitcoin FIb levels = around 42-43k! IMO not ATH 2023 unless...#Bitcoin Bear has been DEAD. We called it some time ago. So being that downtrend is over let's use #Fibonacci levels.
CRYPTOCAP:BTC low 14925
Precious #BTC top 69355
50% Fib level = Puts CRYPTOCAP:BTC Roughly 42-43K
IMO we'll see higher highs but will likely not see ATH this year UNLESS something really off with $DXY.
#crypto
Bitcoin Trying to reach 31K before it runs out of fuelBTC New Pattern that we want to pay more attention to anything else is the new rising broadening wedge
obviously we havent seen ANY lows for a long time , maybe we see it after reaching new highs 31K or we start the new Low process since SPX is giving bearish signals
Thanks for watching
Bitcoin 35000?Today I would like to share with you some thoughts on the situation in the cryptocurrency market, specifically regarding the price of Bitcoin. We have a couple of unclosed gaps at different price levels, including 9600 and 21000. However, the price of Bitcoin is likely headed towards 35000, as many people still do not believe in the growth and think it is all manipulation.
It is important to understand that the price of Bitcoin can sometimes move unexpectedly and unpredictably. Therefore, even if most people do not believe in growth, it does not necessarily mean that the price will not rise.
Therefore, I would advise not to give in to emotions too much and to conduct your strategy based on the analysis of fundamental and technical factors, as well as to closely monitor the development of events in the market.
Thank you for your attention and have a good day!
Bitcoin to 50k before 2024Bitcoin is looking strong with the move above 30k. I think as long as ~27k holds, and even better 30k, this thing is headed to 50k by year end. That may change if the 10 year yield moves up to 4% again, but if it stays around the 3.5% level where it's at now, or moves lower, it is a tailwind for bitcoin and precious metals
BTC Q2: Two Potential ScenariosBased on the high liquidity zones you've mentioned and the current Bitcoin price of 30k, here are two potential scenarios for Bitcoin's price movement over the next 90 days:
Scenario 1: Consolidation at a Lower Price (around 20k)
In this scenario, Bitcoin could face increased selling pressure, causing the price to drop. This could be triggered by a combination of factors such as negative regulatory news, macroeconomic uncertainty, or a general shift in market sentiment. As the price moves down, the liquidity zones of 24-26k and 19-21k may act as potential support levels. If the selling pressure continues and the 19-21k support level is broken, Bitcoin may further consolidate around the 20k price level. This scenario may also see periods of short-term price rallies, but with an overall downtrend dominating the 90-day period.
Scenario 2: Consolidation Underneath 33k
In this scenario, Bitcoin might experience a period of stabilization and consolidation, with a possible upward movement towards the 32-36k liquidity zone. This could be fueled by positive news, increased institutional adoption, or favorable macroeconomic factors. However, due to the high liquidity in the 32-36k zone, strong resistance might prevent Bitcoin from breaking above 33k. In this case, Bitcoin could oscillate within the 30k to 33k price range for an extended period, establishing a new consolidation zone underneath 33k.
Please note that these scenarios are speculative and should not be considered financial advice. Cryptocurrency markets are notoriously volatile and can be influenced by various factors that are difficult to predict. Always do your research and consult a financial advisor before making any investment decisions.
$BTC daily volume mediocre, Weekly weak so farWe post TONs of CRYPTOCAP:BTC DATA
However, every so often we post our OPINION, on April 6th we stated we were FULL long as we thought the move would be higher.
Another good call on #BTC
30k not important, although round numbers tend 2b
Daily volume was MEDIOCRE but let's see how #bitcoin does WEEKLY
CME - Showing Early Signs of WeaknessThis move has played out picture perfect. Please check out "BTC - Next Week Expectations" to see the prediction vs reality.
Upon open of CME we created a gap that is currently around the low $28k region. If you have been watching CME you knows these gaps like to be filled. We are also finding resistance at overbought conditions on our 4H RSI (red circle).
In our previous post we pointed out how we would most likely get a short squeeze and break our last micro high of $29.2k so whales could soak up all the liquidity from such a squeeze. So far we did break above that high and have seen the bullish momentum of price action start to stall in this zone (most likely longs getting trapped/ new shorts being filled). Price could remain bullish up until Wednesday and maybe even test close to the $30k region. Please be warned to use extreme caution with our opening price action this week. Looking for shorts in this range look more profitable than longs due to the overbought nature of the 3D and lower timeframes.
$BTC breaking out on decent volumeCRYPTOCAP:BTC is breaking out on DECENT volume!!!
Last week we said we expected a break of some sort this week. We did have a BULLISH bias! Let's see how it goes!
FYI
We need an uptick in volume for #BTC within the next few hours and a CLOSE above blue line for confirmation.
Bitcoin maintains trajectory, move VERY SOONCRYPTOCAP:BTC maintains the trajectory
This will happen SOON:
#BTC breaks RESISTANCE
OR
Red Moving Avg give way
IF:
Resistance breaks, Red dotted lines = targets
MA breaks > Green Mov Avg > Green breaks > 25k > doesn't hold then likely gap fill = damage to bull but still hope
Bitcoin stuck for now, but should hold support on dipsDisclaimer:
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BTC CME GAP at 20K?A CME gap refers to the difference in price between the closing price of a financial instrument (such as Bitcoin) on the Chicago Mercantile Exchange (CME) and its opening price when trading resumes after a weekend or holiday.
Some traders and analysts pay close attention to CME gaps in Bitcoin, as they believe that these gaps may act as support or resistance levels in the market. However, it's important to note that not all CME gaps are filled, and that the market can move in unpredictable ways.
That being said, CME gaps in Bitcoin have gained a lot of attention in recent years due to the cryptocurrency's volatile price movements. Traders and analysts often watch for potential gaps that may be filled in the future, and use this information as part of their trading strategies.