now can go to 60K hey guys after BTC down to 57K i see hum going to 60 K after i can update not forget follow me to get more news Longby loucifmustapha0
MicroStrategy’s Bold Bitcoin Play: $700 Mln in BTC AcquisitionIn a move that highlights its unwavering commitment to Bitcoin, MicroStrategy, led by its CEO Michael Saylor, has announced a fresh $700 million debt offering to acquire more Bitcoin ( CRYPTOCAP:BTC ). This marks the second such offering in just one month as the company aggressively expands its Bitcoin holdings. Known for its bullish stance on Bitcoin, MicroStrategy has now accumulated a staggering 244,800 BTC as part of its Treasury Reserve Asset (TRA) strategy. The Latest Debt Offering The newly proposed $700 million debt offering comes in the form of Convertible Senior Notes, which will be available only to qualified institutional investors. MicroStrategy plans to use the proceeds from this offering to redeem $500 million of its 6.125% Senior Secured Notes due 2028. After settling these debts, the remaining funds will be directed toward acquiring additional Bitcoin and other general corporate purposes. This is not MicroStrategy's first foray into issuing convertible notes to fund its Bitcoin strategy. The company has previously conducted similar offerings, raising billions of dollars to support its growing Bitcoin portfolio. In June of this year, it made an $800 million offering, followed by a $1.1 billion Bitcoin purchase, which added 18,300 BTC to its reserves. MicroStrategy’s Unstoppable Bitcoin Streak MicroStrategy began its Bitcoin ( CRYPTOCAP:BTC ) acquisition spree in August 2020, becoming one of the first publicly traded companies to adopt Bitcoin ( CRYPTOCAP:BTC ) as a primary reserve asset. Over the years, the company has consistently used debt to bolster its Bitcoin reserves, reinforcing its belief in Bitcoin as a long-term store of value. This strategy has often paid off for the company, especially in times of Bitcoin price appreciation. Most notably, MicroStrategy’s stock (MSTR) has soared as a direct result of its Bitcoin investments. After recent acquisitions, MSTR’s stock price surged by 18.74%, outpacing the broader market and gaining value even when other stocks faced volatility. Bitcoin’s Current Market Dynamics Despite MicroStrategy's massive Bitcoin purchase plans, the cryptocurrency itself has experienced some downward pressure. At the time of writing, Bitcoin ( CRYPTOCAP:BTC ) is down 2% after showing strength in previous weeks. This pullback is intriguing as it comes amid positive sentiment surrounding Bitcoin's recent performance and broader adoption. From a technical perspective, Bitcoin’s Relative Strength Index (RSI) currently stands at 48, indicating a potential for a bullish reversal. The key pivot point for Bitcoin remains at $70,000, a level that traders and analysts are closely watching. If Bitcoin can break through this resistance, it could set off another significant rally, supported by the increasing institutional interest exemplified by companies like MicroStrategy. Institutional Impact and MSTR Stock MicroStrategy’s continued commitment to Bitcoin reflects a growing trend of institutional adoption of the cryptocurrency. With its relentless accumulation of Bitcoin ( CRYPTOCAP:BTC ), MicroStrategy is making a bold bet on the long-term potential of the digital asset. As more institutions and corporations follow suit, Bitcoin could further cement its status as a mainstream financial asset. For MicroStrategy, its aggressive Bitcoin strategy has not only bolstered its stock but also differentiated the company from its peers. MSTR has consistently outperformed other tech stocks, thanks in large part to its Bitcoin holdings. As the company continues to issue convertible debt and acquire more Bitcoin, investors will keep a close eye on both the price of Bitcoin and the value of MSTR stock. Conclusion MicroStrategy's latest $700 million debt offering underscores its confidence in Bitcoin’s future. With 244,800 CRYPTOCAP:BTC already in its reserves and plans to accumulate more, the company is betting on Bitcoin ( CRYPTOCAP:BTC ) as a core part of its corporate strategy. While Bitcoin faces near-term volatility, the long-term outlook remains promising, especially with institutional players like MicroStrategy continuing to lead the charge. If Bitcoin ( CRYPTOCAP:BTC ) can breach the $70,000 pivot, MicroStrategy’s bullish strategy could prove even more lucrative for both the company and its investors.by DEXWireNews1
365R BTC LongExpecting a move to $140k within 4 weeks once the all time highs are brokenLongby TipsOfPips0
Low Volume Raises Red Flags: Bitcoin at Risk of Breakdown Below Bitcoin’s recent price action has caught the attention of traders, but there’s a key element to watch closely: **volume**. Despite testing critical support at **57,000 USDT**, Bitcoin’s volume remains unusually low, suggesting the potential for increased volatility as selling pressure builds. ### 1. **Volume as a Leading Indicator:** - The **24.775K** volume figure on this daily chart indicates a lack of conviction from both buyers and sellers. This low trading volume, coupled with Bitcoin’s inability to break through significant resistance levels, may signal an incoming sharp move. - Low volume near key support levels is often a precursor to a larger move as market participants wait for a clear breakout or breakdown. If the volume spikes and selling intensifies, it could lead to a rapid decline. ### 2. **Price Action:** - Bitcoin is currently trading at **57,776 USDT**, hovering near critical support at **57,000 USDT**. While the price hasn’t yet plunged, the lack of strong volume on upward moves indicates that buyers are hesitant to step in aggressively. - In the past few sessions, Bitcoin has failed to hold above the **20-day EMA (58,323 USDT)**, reinforcing the bearish momentum. Without volume to push through resistance, BTC continues to consolidate near the lower range of its price channel. ### 3. **Support and Resistance Levels:** - The key support level at **57,000 USDT** is crucial. A breakdown here could trigger a high-volume sell-off, pushing the price down to **49,024 USDT**, which represents a strong area of previous consolidation. - On the upside, Bitcoin faces stiff resistance from the **20/50/100-day EMAs**, all of which hover just above the current price. Without a surge in buying volume, a breakout above these levels seems unlikely. ### 4. **Volume Divergence and Trendlines:** - The **descending trendline** in the chart reflects the continued presence of selling pressure, with each rally being met by resistance and declining volume. The lack of increasing volume on bullish moves suggests that the price is moving more on inertia than conviction, raising concerns about the sustainability of any upward trend. - Historically, a **volume divergence**—where price movement occurs with declining volume—can signal that the market is losing steam, setting the stage for a potential reversal. ### 5. **RSI and Market Sentiment:** - The **RSI (Relative Strength Index)** sits at **47.34**, signaling neutral momentum. However, with low volume, even a small uptick in selling pressure could push the RSI below **40**, confirming a bearish sentiment. - Sentiment in the market seems muted, with neither bulls nor bears taking decisive control. This hesitation reflects low volume, suggesting traders are waiting for a key catalyst before committing fully to the next move. --- ### **Conclusion:** Low volume near key support levels is a major warning sign for Bitcoin’s price action. The longer the volume remains low, the more likely it is that a larger, more volatile move is on the horizon. If selling volume increases, Bitcoin could easily break below the **57,000 USDT** support, with potential for a swift decline to **49,024 USDT**. Until volume picks up on the buy side, BTC may remain in a precarious position. Traders should watch volume closely as the determining factor in Bitcoin’s next major move.by Rvisham0
Bitcoin on the Edge: Can Bulls Defend Key Support? Bitcoin (BTC) has entered a critical zone as it struggles to hold above the $57,000 support level. The daily chart suggests that the cryptocurrency is losing momentum, with multiple technical indicators pointing towards a potential bearish breakdown. ### 1. **Price Action and Key Levels:** - Bitcoin is currently trading at **57,776 USDT**, down **2.29%** in the latest session. The price has ranged between **59,210 USDT** (high) and **57,493 USDT** (low), reflecting increasing selling pressure. - The price has failed to break through the strong resistance around **60,000 USDT**, and the downward sloping trendline indicates that sellers are controlling the market. ### 2. **EMAs Acting as Resistance:** - BTC is trading below all key EMAs (20/50/100/200), indicating that the bulls are losing control in both short- and long-term trends. The **20-day EMA** (58,323 USDT) is acting as immediate resistance, followed by the **50-day EMA** (59,523 USDT). The price consistently failing to reclaim these levels reflects persistent bearish sentiment. ### 3. **Descending Trendline Pressure:** - A clear **descending trendline** is visible on the chart, connecting recent highs. BTC has been unable to break this trendline, suggesting continued downward pressure and potential for further declines. This trendline acts as a psychological barrier for the bulls, preventing any significant breakout. ### 4. **Support Levels and Bearish Targets:** - The key support at **57,000 USDT** is being tested. A break below this level could lead to a sharper decline, with the next major support resting around **49,024 USDT**, which coincides with a previous consolidation zone. Traders should be cautious of a close below this support, as it could signal a prolonged bearish phase. ### 5. **RSI and Momentum:** - The **RSI (Relative Strength Index)** is currently at **47.34**, suggesting neutral momentum but edging closer to oversold territory. This indicates that while Bitcoin is not yet in an oversold condition, a continuation of the current trend could push the RSI below **40**, confirming further downside risk. ### 6. **Volume and Market Sentiment:** - The **volume** sits at **24.775K**, which is relatively low. This implies that the current move down might not yet have the momentum of a full-scale sell-off, but if selling volume picks up, it could accelerate Bitcoin’s decline towards lower support levels. --- ### **Conclusion:** Bitcoin is at a crossroads, with key support levels in danger of being breached. If the price fails to hold above **57,000 USDT**, the next target could be **49,024 USDT**. The inability to break through key EMAs and the descending trendline further signals a bearish outlook. Traders should keep an eye on volume and RSI levels to gauge the strength of the selling pressure. A breakdown could signal a prolonged bearish trend, while a bounce from these levels would provide temporary relief. Shortby Rvisham0
BTC Long UpdateStill not yet within the optimum buy zone. A bit more downside expected. Long from 56K looks more profitableLongby stevetambo320
BTCUSDT 54555 interesting zone/triangleThe price is squeezed into a triangle. I expect arrival to the price level 54555. See my past ideas, to understand my working strategyShortby FTT_TRADER3691
What is Technical Analysis In Simple Words Technical Analysis is about study order flow the interpretation of transactions between buyers and seller's. Thanks Education00:31by asadrizvi1
BTC1 futures "fill and fly pattern" Devils Horns & Barr Patternnot financial advice I run thru a few different charts here to display the futures gap and a fill and fly pattern. Then i switch it over to BTC and show a devils horn pattern on smaller timeframes . Lastly i display the 3 day and the 3 month chart and show the barr reversal pattern and identify the bump and run areas> overall like follow and comment. any questions feel free to askShort15:15by ThinkLikeaWhaleTLAW1
SasanSeifi| BITCOIN: Will a Pullback Lead to Lower Levels?Hey there, ✌ Bitcoin is currently trading around the $58,500 range. Given the lack of stabilization above the $60,000 level, we could be facing a bearish trend. Additionally, with the recent break below the $59,300 mark, the short-term outlook on the 1-hour chart appears bearish. We expect that after completing a pullback, the price may move towards the corrective targets of $57,500, $57,000, $56,700, and $56,000. ❌ Key resistance levels to watch are around $59,000 and $59,700. 💢 Keep in mind that this is just my personal perspective and not financial advice. I’d love to hear your thoughts and exchange ideas! Good luck and happy trading! ✌😎 Feel free to reach out if you have any questions – I’m here to help!✌ Shortby SasanSeifi1
Market overviewBitcoin (BTC): $58,862.35 (-2.07%) Bitcoin Dominance: 57.95% Fear and Greed Index: 39 (fear) WHAT HAPPENED? Last week, bitcoin reached the important $53,000-$50,000 buy zone (large volume anomalies), received a reaction, broke through the downward sloping line and continued to grow. A new upward sloping line has been formed, within which we continue to trade until now. The sell zone of $58,700-$59,400 (mirrored volume zone) didn’t give a reaction, but, on the contrary, was broken through — this also gave confidence to buyers. WHAT WILL HAPPEN: OR NOT? We tested a new buy zone of $58,300-$56,400 (volume zone) and got an initial reaction. A repeat test of the buy zone and a potentially deeper test of this zone are likely. Locally, in order to resume a full-fledged upward movement, it’s necessary to gain a foothold above the price of ~$59,600. The sell area and the $63,000 level will serve as a benchmark for growth in the near future. Buy zones: $58,300-$56,400 (volume zone), ~$55,000 (the largest horizontal volume in the last month), $53,000-$50,000 (zone of large volume anomalies). Sell zones: $63,000-$64,300 (accumulated volume zone), $66,100-$68,200 (volume zone). IMPORTANT DATES Macroeconomic events that we’re following this week: • September 17, Tuesday, 12:30 (UTC) — publication of the base index and retail sales volume for August in the United States; • September 18, Wednesday, 6:00 (UTC) — publication of the consumer price index UK for August; •September 18, Wednesday, 9:00 (UTC) — publication of the consumer price index in the Eurozone; • September 18, Wednesday, 18:00 (UTC) — announcement of the decision on the interest rate of the US Federal Reserve (we are waiting for a decrease of at least 25 bp); • September 18, Wednesday, 21:30 (GMT+3) / 18:30 (UTC) — FOMC press conference; • September 19, Thursday, 14:00, 11:00 (UTC) — announcement of the UK interest rate decision; • September 19, Thursday, 11:30 (UTC) — publication of the Bank of England's inflation letter; • September 19, Thursday, 15:30 12:30 (UTC) — publication of the number of initial applications for US unemployment benefits and the index of manufacturing activity from the Philadelphia Federal Reserve for September; • September 19, Thursday, 17:00 14:00 (UTC) — publication of sales volume in the US secondary housing market for August. *This post is not a financial recommendation. Make decisions based on your own experience. by Crypto_robotics0
#BTC reaches support zone📊#BTC reaches support zone✔️ 🧠We fell back as expected after being blocked by the periodic resistance zone, and constructed a bearish double top structure in the resistance zone. Currently, all the goals of this structure have been achieved, and the target zone overlaps with our neckline and yellow support zone. The overlapping The section is considered the heaviest support area. ➡️So we placed some new long orders in this support area. The rebound has already appeared. With the winning rate, whether we can make big profits depends on whether we can build a long structure with the same cycle here. ⚠️We have currently moved our stop loss up and are in a risk-free state, so we can expect more. If you want to participate, you need to wait until the long structure here is established before entering. The next strong support is around 55000-55800. 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P Longby wolf_king8881
365R BTC LONGExpecting a move to $140k within 4 weeks once the all time highs are brokenLongby TipsOfPips0
BTC/USDT Don't Miss these SIGNAL'S Bitcoin is in an attractive position for futures traders who like me take advantage of every opportunity.🧲💸🦸🏻♀️ A profitable month awaits💲🙌🏻🎯 I have drawn the signals in full detail on the chart 📌💰 For both 🟥selling and 🟩buying, according to the amount of capital, leverage, stop-loss, and take-profit, follow all the steps that have been written so as not to get into trouble.💥👀 As it is clear in the analysis, we are going to get at least 22% profit from Bitcoin to the amount of the opening of the triangle 🦾🪙🔥 👻 Follow me and turn On your notification 🔔💯 Good luck and Profitable Friends.. 🧧🫰🏻Shortby Benyamin-Moazami0
$BTC update, raising channel up to 65k?CRYPTOCAP:BTC has reversed after dropping to GETTEX:52K (falling channel in orange) and is now recovering on the 1D chart. On the 1W chart, there is also a sign of reversal and RSI too. My forecast is that before taking off, CRYPTOCAP:BTC will strengthen within this rising channel (in blue). There's strong support at $47- GETTEX:48K , which should hold. Based on the RSI and MACD curves, the uptrend should continue until it reaches the resistance at $67-$68k. Afterward, I anticipate a more severe correction, but the price should remain within the rising channel for some time. The parabolic phase hasn't started yet, so I expect another drop to the bottom of the wedge before the next big move begins. I will update this idea as it develops. Most of my previous ideas have been accurate, so feel free to check them out and follow me for more forecasts. Longby CryptoNikkoid111
Bitcoin Hello, I hope you all are doing great so let's break down my analysis on Bitcoin futures. Here are some details on 23 Jan 2024, the bitcoin daily candle closed above 39k right. From 23 Jan 2024 to 14 March 2024, we saw a huge rally in Bitcoin from 39k to 73k This happened in 51 days bitcoin now let's discuss what after 14 March is going almost 186 days since Bitcoin didn't close below 39k in a few days this discount price will over and you guys will miss another rally I am going long on bitcoin right now with 30 percent of my capital and I will add more positions once bitcoin clear 61k it's my idea my analysis so if you want to buy like me so let me tell you that is your profit and lost I hope you will manage your risk before the trade it's a hot deal now Longby DMBazaar0
btc Left shoulder is ok, head is ok, position may be prepared for right shoulder If so, get well soon 32s may come If the wedge holds, it will stay at 36Shortby ozgeovat0
Bitcoin / TetherUS _ Quarter 3 _ Quarter 4 _ Distribution _ PricBitcoin / TetherUS _ Quarter 3 _ Quarter 4 _ Distribution _ Prices: $65,434.56 Then expecting a drop to the key level of $61,270.74. After the Retest, expecting to go $67,978.60, Then Retest to the key level of $65,434.56. After the Retest expecting to make a following distribution prices: $69,845.49 $70,625.08 Retest at the key level of $67,978.60 ( It may skip the Retest at this level) Then the Distribution price for Sep & Early Oct = $75,518.08. _____________________ From here 3 area market need to visit before any of fantasy stuff such as 100K etc! That I hard. Area 1: $61,270.74 If support not confirmed then: Area 2: $46,048.81 Area 3 : $40,803.91follow by $39,633.74 You can watch all the videos on internet ( ALL Fake), read all the Fake books, Media etc! And Market will still need to correct the above 3 area before it can make a higher price than above I mentioned! Fact: Time, Data, History and of course the mathematic is applied before anything! Rest are fantasy. ________________ Once the above are doe correctly Then will go to $85,578.56. After this it will drop to $32,529.56.by Skill-Knowledge-Conduct0
*BTC Breaks Support Level: Short Position Insight*My trading indicator provided a strong signal for a *short position* on the *15M timeframe. Initially, I hesitated due to the fact that we were sitting right at a key **support level*. However, after seeing a full-body *red candle* breaking through support, followed by a successful retest on the *lower timeframes (1M, 3M, 5M)*, I decided to enter the trade. I’m targeting a *1:3 RR* on this setup. Let’s see how this one plays out! Shortby Tradeshoots2
BTCUSDTMy opinion about BTC is to wait and see. time heals everything This is not a gambling place, this is a sleeping place This is my personal opinion, not investment advice.Longby MSFALK0
At 61K BTC Will see a heavy resistanceBe prepared for a sudden dump, at 61K when everyone will take long and spot for altcoins rally, there might be a sudden dump. So Keep your SL tightly coupled. NFA DYORby RealMAwais0
BTC 1H Chart Possible long trade on 1 hour chart forms symmetrical triangle pattern. If you found this analysis helpful, please SUBSCRIBE ✍️ and SHARE🙏 Good look! 🚀Longby crypt0AP0
Ready Signal live market trade 🔔 BTCUSDT BUY NOW! 💎 🔸 Entry point : 60150 🔹 TP : 60700 🔹 Stop loss : 60000 🔹 Risk Reward = 1:3 Use proper money management 💸 Note :-👇 The market always has unpredictable fluctuations, Risk management is always tha number one priority. Notice‼️ Max to max 5% risk per setup.Longby Forex4you010