BTCUSDT: SWING trend in weekly time framePlease pay special attention to the accurate trend, channels, and very accurate colored levels Be careful BEST MTby MT_TUpdated 3
SOME BUYER IN BTC POSSIBLE UP MOVEMENTHi Guys I Can see some Buyer into Market , I like to see What they can Do so looks some Bullish At the moment . Possibly some profit taking from seller side . But market could bonce down a bit before go up . Best of LuckLongby rintintin1981Updated 552
(Update) !!! in close view (12h)in close view (12h) As you can see in the chart, after breaking the Triangle, the price fell to the support zone, and from now on, the price can follow the butterfly pattern and go up. Maybe... ✨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!!Longby CobraVanguard50
BTCUSDT: Is This the Calm Before a Major Move?Yello Paradisers! Are you prepared for what's next? #Bitcoin has been in a persistent downtrend, and the pattern of lower lows and lower highs continues to define its movement on the major time frames. However, recent price action hints at a possible shift. 💎#BTCUSDT, After the latest lower low, we saw a brief relief bounce. But don’t get too comfortable just yet—this bounce could be short-lived. The pair is currently eyeing a bullish order block in the $55,945 - $54,865 range. From here, the price is likely to head toward the next resistance zones, which could merely serve as another relief bounce. 💎Looking ahead, the next significant move could see BTCUSDT revisiting the daily demand zone between $52,769 and $50,505. If the volume supports this move, expect the price to face resistance around $60,245. Should volume remain strong, the next crucial resistance zone lies at $64,371. Flipping this level could propel BTC toward $68,246. 💎All bets are off if BTCUSDT closes below 45,594. This would invalidate the bullish outlook, signaling a deeper decline. Stay sharp and remember Paradisers , patience and disciplined trading are key in this volatile market. Stay alert, trade smart, and keep a close eye on these crucial levels. This market could swing either way—don’t get caught off guard! MyCryptoParadise iFeel the success🌴 Longby MyCryptoParadise_JackUpdated 7
Bitcoin Panicit is the result of price pattern reading, various indicators and many other pyramids. It is possible that the rise in the white box will be deleted maximally. The last drop is not a mini abc, which gives the probability that it will drop below 49k. More information in the updates that may say this is a potential truth. This is just an analysis of different results *and may be wrong*. MDShortby MoralDiscipleUpdated 5526
BTC/USDT 1H chartHello everyone, let's look at the current BTC situation considering the one hour interval. In this situation, we can see how the price has moved higher from the local downtrend line above which it remains. Let's start by setting goals for the near future, which include: T1- 60252$ T2- 62340$ T3- 64922$ Now let's move on to the stop-loss in case the market continues to decline: SL1 = $58,076 SL2 = $56,190 SL3 = $555,256 AND SL4 = $54,044 Looking at the RSI indicator, we see a movement at the upper limit, which may influence an attempt to recover or give a temporary sideways trend.by cryptodailyuk5
365R BTC LongExpecting a move to $140k within 4 weeks once the all time highs are hitLongby TipsOfPips2
BITCOIN- end of the bear market (triple bottom pattern?)btc consolidate descending triangle pattern in 3d chart in addition to triple bottom (Its completion means confirmation of the bullish) now we need breakout 61k (the 0.618 fibo level ) i expect btc will retest the 68k - 69k soon, remember that RES get weaker each time it's retested. best regards Ceciliones🎯 Longby ceciliones8826
BTCUSDT: Big volatility incoming!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse BTCUSDT in HTF. Bitcoin is currently trading within a parallel channel on the weekly timeframe. However, a recent breakdown below the channel's midline is a cause for concern, as it could indicate a potential bearish reversal. If we zoom in, we could see Bitcoin currently trading below the mid-line of the parallel channel on the weekly timeframe. A weekly close above $60,441 is essential for maintaining bullish momentum and targeting $70,000. However, a rejection from this level could lead to a significant pullback towards $46,000 - $44,000. Recommendation: It's advisable to consider taking profits on your long positions between $59,000 and $59,500. Key levels to watch: - Weekly closing above $60,441 - Booking profits before GETTEX:59K - GETTEX:46K to $44k zone if BTC rejects If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!by persis10t3
Phemex Analysis #21: BTC - Potential Bullish Reversal?!Dated today, PHEMEX:BTCUSDT.P had dropped 33% from it's All-time High $73851 at 14th March 2024. Despite the overall bearish sentiment in the market, Bitcoin's recent creation of a Higher Low $52500 at 6th September suggests a potential bullish reversal. Today, we will delve into how the price of BTC might move in the next few days. 1. Bullish Breakout. If Bitcoin can break above its previous high near $65,000, it would signal a strong bullish reversal. Following this, a period of accumulation might occur, to accumulate more buying power before a push towards the next resistance level around $72,000. 2. Bearish Drop. Alternatively, Bitcoin could continue its downward trend, potentially retesting support levels at $50,000 and $41,900. To assess whether these levels offer buying opportunities, consider the trading volume and Relative Strength Index (RSI) during the decline.If the trading volume is lower than it was on August 5th and the RSI is higher, $50,000 might be a good price to buy the dip. However, if the volume is higher and the RSI is lower, $41,900 could be a better choice for buying low. 3. Consolidation. Given the recent volatility, a period of consolidation between $65,000 and $52,500 is possible. This scenario might present opportunities for traders to employ Phemex Neutral Grid bots to profit from price fluctuations. Conclusion Bitcoin's price action suggests a potential bullish reversal. However, it's important to remember that the cryptocurrency market is highly volatile, and technical analysis should be used in conjunction with other factors when making trading decisions. By carefully analyzing the technical indicators and considering potential scenarios, traders can develop informed strategies to navigate the market. Tips: Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.by Phemex3
EXPECTING SOME SELL FOR BTC Hi Everyone could be some seller come into market , looks bearish for while Shortby rintintin1981Updated 113
BTC Scenario I Plan to Participate InAny deviation from the variables outlined here cancels the scenario and requires reassessment. From $57,000, I expect a correction to the 4-hour imbalance, followed by an impulse up to $61,000-$62,000, where short positions can be considered. The target would be the imbalance likely forming around the $56,000-$57,000 range, from where we could fuel up for a move to $65,000. At $65,000, it's highly probable a short position with a target of $49,000 will be the best option. However, if during the rise to $65,000, an area of interest forms on the weekly timeframe, I will not enter a short at $65,000 and will wait to see how things unfold with the new variables in mind.by Goldfinch_song3
BTC Short TradeBTC is likely headed for a correction, with potential targets at $38K or even $30K. Keep an eye on key support levels and market sentiment for confirmation of this short trade setup. Be prepared for volatility as the market adjusts! 📉 #BTC #Bitcoin #CryptoCorrection"Shortby cuteMoth17140Updated 6
Did Bitcoin Make A Higher Low?Not much has changed here for Bitcoin, even though we did get a decent move up yesterday back into the range. What “may” be important is that Bitcoin has potentially put in it’s first higher low since the all time high. As you can see, we have had bearish market structure - a series of lower highs and lower lows. This higher low would be conrirmed by a break above $65,000 - the last lower high.by ScottMelker114
BTCBitcoin main direction is moving to 84K Bitcoin is in correction mode keep S.L and trade safeLongby Tdawly_Official114
Quick Sell opportunity BTCHi There is some sellers gonna be quick sell opportunity for BTC ... But i be quickly in and out again ! Best of Luck Shortby rintintin1981Updated 555
When is the bull run? POSSIBLE MOVE UNTIL FEB NEXT YEAR In January 2024, BlackRock, the world’s largest asset manager, launched two spot Bitcoin ETFs – the BlackRock Bitcoin Trust and the BlackRock Bitcoin Private Trust. These funds offer institutional and individual investors regulated access to Bitcoin, marking a significant milestone for BlackRock in the crypto space. With over $8 trillion in assets under management, BlackRock’s entry was seen as a major endorsement of Bitcoin and a sign of growing institutional adoption. Spot Bitcoin ETFs in the US have garnered over $60 billion in assets under management (AUM) so far. Longby CandleStickPattern2
#BITCOIN ⟶ HOW TO PROFIT FROM THE NEXT RALLY?!🆕It's certainly concerning to see BlackRock, a financial giant, experience its first outflow from its Bitcoin Trust. This could indeed exert downward pressure on Bitcoin's price, especially in the short term, as it may signal a shift in sentiment among institutional investors. ⭐However, it's important to consider the broader context. While BlackRock's outflow is notable, other major asset managers are still seeing inflows. Furthermore, the long-term trajectory of Bitcoin is influenced by a multitude of factors beyond short-term capital flows. ⭐For instance, developments like the partnership between Merlin Chain and BitcoinOS, aimed at improving network scalability and efficiency, could significantly bolster Bitcoin's long-term prospects. Such advancements have the potential to drive increased demand and adoption. ✅Ultimately, while short-term market fluctuations are inevitable, it's crucial to maintain a long-term perspective. Technical analysis, combined with a deep understanding of fundamental factors, can provide valuable insights into Bitcoin's future price movements. The market will ultimately decide, and it's wise to stay informed and adapt to evolving market dynamics 👇👇👇 💎Daily #Bitcoin Analysis 🚀In our previous analysis, we predicted a bullish move from the weekly timeframe channel's bottom, which successfully occurred, reaching our initial target of 57877.90✅🤑 ⚠️As previously mentioned, this target represents a significant resistance level (daily timeframe pivot: monthly resistance)❗️ ✅Continuation of the bullish-Trend Scenario: If the 57877.90 resistance is breached on the daily time-frame, we anticipate further growth towards targets of 63002.85, 66755.85, and ultimately 74537.70🚀 ✅Lower Price Entry Scenario: Given the strong resistance at the monthly level, a pullback is possible before a breakout. However, if a correction occurs, we remain bullish and expect #Bitcoin to find support at one of the following levels👇 55743.20 (weekly support), 51676.75-52489.40, or 48483.55-50096.10, from which it can resume its upward trajectory towards the aforementioned targets ❌Stop-Loss for the Bullish Scenario: Our bullish view would only be invalidated if a weekly candle closes below 49000.00🔻🔻 🔄In such a case, we will provide an updated analysis🧐 ............................... 💎#Bitcoin Analysis: ⏱4-Hour Timeframe 📌Based on the price touching the daily pivot point (monthly resistance) and the subsequent temporary weakness: 👉If the price breaks down on the 4-hour timeframe due to this contact and reaches the support zone of 55059.97 - 55743.20: 💰We can use the formation of a head and shoulders pattern to determine the subsequent direction of movement on this timeframe. ✅bullish scenario: If the price reaches the mentioned support zone, bounces, and breaks above the neck-line of the head and shoulders pattern, it confirms a continuation of the uptrend from this area. ✅temporary bearish scenario: If the 4-hour timeframe breaks below the head and shoulders pattern, it indicates a continuation of the bear-trend towards the second and third support levels of the main analysis. The price is expected to attempt to form a bottom at one of these support levels. 💎4-Hour Timeframe Analysis( ❗️There is also a possibility of a temporary rally to the resistance zone of 58556.01 - 58936.40, followed by a decline to the support zone of 55059.97 - 55743.20. ✅In this scenario, the head and shoulders pattern should be drawn with a positive slope, and we would wait for a breakout below the lower boundry or above the upper boundry to signal a temporary decline or a continuation of the growth. ❌This scenario remains valid until a significant breakout above the monthly #Bitcoin resistance occurs, which would confirm the continuation of the bull-trend from this level on the daily timeframe. Longby Eldorado_Land10
BTC Price Prediction and Elliott Wave AnalysisHello friends, Thank you for joining me in my analysis. finally we have reached to decide that we have WXY as pink counting to reach for the down and end the all correction in the 40K region. After watching my Y T v i d, Remember to like, subscribe, active the B e l l to get any newer V i d and stay tuned for more updates. See you soon! Thanks, Brosby MASCryptoAna2
Bitcoin Long idea on it5 Bullish arguments for BTC: - Bullish FVG weekly being respected - Swing low being respected - 3rd candle did not close above the 2nd candle high - Pull back into the FVG - Bullish FVG being respected so far Trade Management: SL placed below the swing low, TP at the intermediate high. Capital Risk: 1% R/R: 2.43 Longby JaytradermbUpdated 1
BTCUSD RESULTSBTC price has been in an uptrend after the release of CpI news of Wednesday, Invalidating my Short setups just the day before. As I said their was a Bullish setup which I didn't really take serious because I hadn't gotten the confirmations I needed as the time. Even though I still took them, hit SL and reentered again Also these are the results of my short trades, even though both the short setups hit SL ' closed 1 earlier' which is part of trading as we know it. by THE_KLASSIC_TRADER1
Bitcoin can continue to decline inside downward channelHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago entered to the range, where it at once reached the top part, which coincided with the resistance level and then dropped. BTC fell to the bottom part of the range, which coincided with the current resistance level, and at once rebounded and started to move up. In a short time, the price reached the 61800 level, and broke it, thereby exiting from the range also. Next, the price made a small movement up, after which turned around and started to decline inside the downward channel, where BTC broke the 61800 level one more time. Later, the price declined to the support line of the channel, and at once rose to the resistance line and continued to move down. Price fell to the 56600 level and broke it, after which made a retest and continued to decline. For this case, I think that Bitcoin can make a small movement up and then continue to decline inside the downward channel. Therefore I set my TP at 51000 points. Please share this idea with your friends and click Boost 🚀Shortby LegionQ87720