BTCUSDT, Wed 04 Sep, Wait for Short!If the price cross the 50% Fibo, I will expect to get short! Target (Maybe): 52K Happy Trade!Shortby kevin134331
Bitcoin At SupportBitcoin is sitting at the lows of the larger range, right on a key area of support. Things look predictably shaky, not much for bulls to hang their hats on at the moment, as price continues to drift down. Does that mean new lows are coming? No. It means we have the crappy price action that we tend to see at this part of the cycle, and little else. That said, if you are the type to buy support as a trader, the risk reward here is decent for a quick trade. I won’t be taking it.by ScottMelker0
Potential Interest Rate Hike by the Bank of Japan📣 Kazuo Ueda, Governor of the Bank of Japan, announced that if the economy and inflation progress as expected, the bank will continue raising interest rates. In a statement to a government panel led by Prime Minister Fumio Kishida, he noted that the economic environment remains favorable, and adjusted interest rates for inflation remain negative, even after the main rate hike in late July. This increase, the first in decades, led to the unwinding of yen carry trades and volatility in riskier assets like cryptocurrencies. 📊 Market Impact: Ueda's comments increased demand for the yen, bringing the USD/JPY exchange rate down from 147 to 145.85. Meanwhile, S&P 500 futures dropped by 0.5%, and Bitcoin (BTC) prices fell by 0.4%. The Bank of Japan's tightening policy contrasts with expectations of rate cuts from the US Federal Reserve and other central banks, which could further strengthen the yen against other currencies. 🌍 Global Ripple Effects: This scenario may force traders to sell risky investments and repay yen-denominated loans, impacting global markets. 💡 Yen Carry Trade Unwind: The unwinding of yen carry trades, a strategy of borrowing yen and investing in higher-yielding assets, has already disrupted markets, contributing to Bitcoin's decline from $70,000 to $50,000 in the past month. Arthur Hayes, co-founder and former CEO of BitMEX, warned that the continued unwinding of these trades could destabilize markets unless central banks increase money supply by expanding their balance sheets. Japan's long-standing low-interest policy had fueled widespread yen carry trades, with the Japanese government involved in around $20 trillion of such trades as of last October, according to Deutsche Bank. 📅 Next Bank of Japan Meeting: September 20 --- Interest Rates, Central Bank Policy, Market Volatility #JPY #InterestRates #BOJ #USDJPY #Tradecitypro #TCP by tradecitypro23
Why Bitcoin (BTC) is crashing?Bitcoin has started September on a weak note, with both its monthly and weekly closes reflecting a lack of bullish momentum. Historically, September has been a challenging month for Bitcoin, often dubbed a “red patch” for returns. Despite this, some analysts still see the potential for Bitcoin to reach the mid-$60,000 range in the short term. The $56,000 and $54,000 levels are being eyed by traders as possible short-term targets before any relief rally. A clear spot buyer around $57,000 has provided some support, but the overall lack of interest in derivatives markets indicates that funding rates may remain low or negative. Shortby paul_endeo0
Btc analysis I expect Bitcoin to renew the local low of 47800 and continue to fall towards 40000Shortby NAKOV_TRADE2
Btc analysis I expect Bitcoin to renew the local low of 47800 and continue to fall towards 40000Shortby NAKOV_TRADE1
#BTC reaches support zone📊#BTC reaches support zone✔️ 🧠From a structural perspective, falling below the neckline means that a larger short structure has emerged, and the overall trend direction is biased towards the short side. A break below the bullish defense level at the 4-hour level means we have swept the liquidity pools, so a strong rebound is reasonable. There are two resistances we can see at present. One is resistance near the neckline 57093, and the other is strong resistance near the turning point 58250. ➡️From the perspective of wave theory, we can clearly see an Elliott pulse wave. Wave 5 stops exactly in the support zone, so it is also expected to rebound. ➡️But the overall direction is biased towards the downward trend. If we want to reverse this trend, we need to build a long structure above the hourly level near the support area. Otherwise, don’t be too optimistic. Let’s see 👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P Shortby wolf_king8884
4 Sep. 2024 BTC ( Target Reached )Hello my dear friends ! As I mentioned before and we talked about BTC downtrend with you guys , Finally Bitcoin touched our target and I wanna wait for another Buy or Sell setup ! Shortby wolf9743Updated 2
My sell Bias for BTC has not changed.My bias for BTC has not changed from last week's forecast. Looking at the chart I published last week as an update. Bitcoin has made it down to $56,000. We are waiting to see a Bitcoin at 54K zone. Some of my community forecasted that this asset would fall to $54,000 this week. see the chart. #crypto Shortby ForexClinik1
Bitcoin is in a range - wait for SL hunt and take a tradeBitcoin is in a range - wait for SL hunt and take a trade At this moment price is inside range enviermat only traps and SL hunts is possible to take a trade here 02:21by Yuriy_BishkoUpdated 20
BTC LONG IDEABTCUSDT has reache to 15m demand zone. so we long it. entry:57710 tp:59135 sl:57355 r/r:4.01 leverage:10XLongby RST_FINANCIALUpdated 229
Any Rejection From Here Will Cause a Huge Market Crash 👉 First Of All I Should Say 65k Is a Final Resistance Level Before Breakout The Trend Line But Here There Is a One Point That I Can’t Ignore It 🔎 Current Move From 49k Till Now Shaped As a ABC And Currently The price Playing Blow The Important Level As a Wave C PRZ, So There’s Is a Chance To See 55k And In The Worst Scenario Leg Down To The 44k 📥 I Know It’s a Unpopular Opinion But Technically It Could Happen, Totally It’s Better To Be Caution At This Area Because Any Rejection From Here Will Cause a Huge Market Crash, So If You Are In Profit It’s Better To Save Some In Here 🔐 I Will Enter The Market And Share a New Signals After Breakout From 66k Or At 55k Level 👉 Invalidation Of This Scenario Is Any Breakout From 66kShortby Bullish_TradersUpdated 7729
BTC/USDT , DOWN trend CH ?what do you think Can he touch 53k again? I still think that it cannot go to the 70k range soonShortby Alireza_kamali1
$BTC is trending down into new value areaLiquidations have cascaded after a strong sell off happened into Asia open. The drop has intensified probably because of Nvidia NASDAQ:NVDA , posted the biggest single-day loss of market cap by any stock in history today. Open Interest ramped up noticeably as perps are trying to lift the market on ByBi t and Bitfinex after the strong selling led by Coinbase . Open interest has now completely reset and CVD is picking up as well. We had a strong down move taking the previous low at 56k Now what we want to see is for the price to find acceptance back into VAL (value area low) If we can hold 56k here, I'm expecting a move toward 57.8k And if we can flip 57k into support, an expansion to 58.6k to 59.2k is very likely. by Tealstreet221
BTCUSD BUY NOW!!!!!!!!!!!!!!!BTCUSD fulfil my last analysis predictions by sweeping liquidity at 56k now price sweep liquidity above that FVG zone heading for new highs now am in on buys holding till new highs JOIN AND ENJOY TELL US YOUR TAKE ON THIS...................Longby CAPTAINFX2223
The trades I have my eyes on We didn't receive a trade signal from the internal demand zones during the retracement as expected. Instead, the price action moved decisively through these zones fulfilling the target of the PO3. Now, I'm closely monitoring to see if we get a structural shift, either from the range low deviation or the old demand zone/45-minute order block. If this flip occurs, I'll be looking to enter a long position. For a detailed analysis and trade setup, watch the full breakdown in the video and check out the accompanying image. Make sure to follow for regular updates and insights! Watch video for full breakdown #500FOLLOWERS#500GIVEAWAYby Trade-Journal2
Bitcoin and altcoin overview(September 04-05)Yesterday, Bitcoin bounced off the sell zone of $59,000-$59,550, which we noted on Monday. We tested the $58,000 zone, where we saw a volume reaction, but there was no consolidation above this mark, and the buyer did not resume. After that, we began to implement the scenario with a test of the $56,000 level. At the moment, the price action is quite weak, and the lows are also being updated weakly, but at this stage, opening long positions is too risky. Above, we have a sell zone of $58,000-$59,400, and only after consolidating above it does it make sense to look for a long position. Until then, we will remain in a stable bearish trend. There is a high probability of a full breakout of the local low and a test of the global buyer zone of $53,000-$50,000, so we are waiting for the culmination and for now, we are sitting without positions on the first cryptocurrency. Sell zones: level: $58,000-$59,400 (mirror volume zone), $63,000-$64,300 (zone of accumulated volumes). Buy zones: $53,000-$50,000 (zone of large volume anomalies), level $48,000. Interesting altcoins. Yesterday we looked at the ORDI coin, for which we received a reaction from the marked zone of $31-$30.3, but unfortunately, there was no full rebound, and a volume defense from sales appeared above. At the moment, a more interesting situation is developing for this asset. We tested an important volume zone located below, from which a strong buying reaction followed. Large cluster anomalies were formed at the price of $29.6. Upon returning to this mark, we may see a full reversal with the potential to renew the level of $32.85 by Crypto_robotics0
Bitcoin Analysis==>> Reversal Patterns==>UP/UP/UPBitcoin is moving near the Support zone($58,000-$56,600) . Regarding Classic Technical Analysis , Bitcoin seems to have succeeded in breaking the upper line of the Falling Wedge Pattern . It is also possible to form the Inverse Head and Shoulders pattern . Regarding Elliott wave theory , Bitcoin seems to have completed the Double Three Correction(WXY) . This wave is part of Corrective Waves . Also, we can see Regular Divergence(RD+) between Consecutive Valleys . I expect Bitcoin to go UP to at least the target of the Falling Wedge Pattern . My previous post titled " Bitcoin Analysis==>> Pumping Again==>>Short term " is still valid Note: If Bitcoin loses the Support zone($58,000-$56,600), we should expect Bitcoin to fall to $55,000(at least). Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Longby pejman_zwinUpdated 2626122
WHAT IS BITCOIN DOING? MY NEXT TRADE SETUPS We didn't receive a trade signal from the internal demand zones during the retracement as expected. Instead, the price action moved decisively through these zones fulfilling the target of the PO3. Now, I'm closely monitoring to see if we get a structural shift, either from the range low deviation or the old demand zone/45-minute order block. If this flip occurs, I'll be looking to enter a long position. For a detailed analysis and trade setup, watch the full breakdown in the video and check out the accompanying image. Make sure to follow for regular updates and insights! Watch video for full breakdown #500FOLLOWERS#500GIVEAWAY23:48by Trade-Journal2
ALTCOIN REQUEST FOR SEPTEMBER 2024Dear all, We are thrilled to announce that your special extensive ALTCOIN ANALYSIS REQUEST is now open for the month of SEPTEMBER 2024. REQUEST Deadline: SEPTEMBER 3RD, 2024 In order to ensure efficiency and accuracy in our analysis, we kindly request each member to submit only ONE (1) ALTcoin request. Please follow the format samples provided, such as ETHBTC, ETHUSDT, or ETHUSD, and include the exchange name of the coin. This will greatly streamline our analysis process. Our goal is to provide insights for a maximum of 40 Altcoins based on the requests received. Let's work together to navigate the market and uncover potential opportunities. To get an idea of our previous analyses, you can navigate through our previous alts requests by clicking on the corresponding links below: #JANUARY REQUESTS: #FEBRUARY REQUESTS: #MARCH REQUESTS: #APRIL REQUESTS: #MAY REQUEST: #JUNE REQUEST: #JULY REQUEST: #AUGUST REQUEST: We deeply appreciate your ongoing support, which is incredibly valuable to us. Take the time to review all our analyses, share your comments, and don't forget to click the like button as you go through them. Thank you to everyone for your continued support. You can trust us to always give our best. Best regards.by wesladUpdated 120120329
Bitcoin (BTC/USDT) Price Prediction (Update) - BTC Golden BoxAlways and at all times. All events will occur in the chart. Trend Prediction - BTC /USDT Forecasting - Resistance and Support Lines **** Yousef Sharafi **** Follow me here for more analysisby MyAI20503
BTCUSDT - Swing Long IdeaIn Monday (start of the new week) price swept previous week low liquidity (orange line) and show willingness to go higher by breaking the 4H structure. So the following week I would expect to see price trades higher, potentially even to opposing liquidity pool like previous week high (orange line) Thanks you and have a nice trading week! LFG!Longby Maks_KlimenkoUpdated 225