Bitcoin (BTC/USDT) Price Prediction (Update)Always 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 TraderAI2050Published 2
BTCUSDT 1D shot-term forecastBitcoin has just entered a resistance order block on the daily timeframe, signaling a critical point for the asset's future direction. This resistance block is located at the top of the Value Area zone. It's crucial to closely monitor Bitcoin's behavior at this stage to gauge its next moves. The most probable scenario suggests that Bitcoin could approach the $70,000 level and attempt the liquidity grab. If it faces strong rejection at this price point, it is likely to remain within a broad horizontal trading range, continuing its rotation between support and resistance levels. In this case, the nearest resistance area would be around $61,700. However, if sellers do not exhibit significant activity near the $70,000 mark, it’s possible that Bitcoin could consolidate in the $68,000-$70,000 zone. This would indicate the potential for further upward momentum, where Bitcoin might attempt to establish a new all-time high. Monitoring the price action around these key levels will provide valuable insight into whether the asset will push higher or remain within its current range.Shortby WunderbitPublished 1
BTC CORRECTION ContinuesAs I have illustrated in the weekly chart, it is probable that Bitcoin has finished a 3 wave correction of a Zigzag correction 5-3-5. Bitcoin has touched 68000 price which is 0.768 Fib Retracement of W-A of the first 5 wave correction from March high to August low and followed a sharp decline to 64800, the price of 68000 is also, 1.272 Retracement of W-B of 3 wave correction of 5-3-5 Zigzag. Bitcoin had been in a correction from first week of March 24 to first week of August 24 and is now between 0.382 to 0.618 Time retracement of which signals that Bitcoin uptrend should end from now to 3 weeks later. Additionally Usdt.d is around Dynamic support of weekly trend. Stochastic Rsi indicator has been in overbought zone for two weeks which signals upward trend should be limited. price usually make a reversal when both 13,8 Stoch Rsi and 8,5 Stoch Rsi are in overbought and made reversal or in overbought zone. There has not been overwhelming money inflow to the market and this metric suggest that there should not be enough demand in market for bitcoin to pump price higher. Bitcoin can start new trend from 68000 to around 40K or maybe lower or it should rise more to 72500 price then make a reversal and make a new trend to 40K or lower. Unless price Is trading below 72500 the downside scenario is probable and considered however, if it surpass 72500 area this scenario would be invalid. If price goes above 73000 it suggest that a wave 2 of an 1-2-3-4-5 Impulsive waves has been finished and now we are in a Wave three to well above March high around 90K. This is not an investment advice and any action taken in regards of making an investment may result in profit or loss which is your own responsibility.Shortby ARSHIADRVISHPublished 225
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 by MehranSwingTradersPublished 4
$BTC Daily UpdateSo BTC Price Action has been played out as expected so far. You could check my previous analysis for more information. Very strong bearish momentum after mitigating premium and unmitigated daily supply range that we have been waiting for. Price have collected a lot of internal liquidity in Dailly Fractal Structure and I assume the next level price might go is down to $44.000 There is daily flip demand zone at the level of 62.000 - 63.300, and we might get a bullish reaction from that level, but I personally think that level will be used as liquidity and price to mitigate 59.000 - 61.300 demand range. And that is where we could get a bullish reaction If we get any. Do not try to catch any longs before getting any bullish reaction from the demand zones. Shorts from 65.200 - 68.000 more probable imoShortby alplailaPublished 4
BITCOIN Playing Below The Crucial Resistance Area ✅ Due To The Previous Update The BITCOIN Price Perfectly Bounced From 64k Area And Today Hit The 68500$ Crucial Resistance Zone 👉 Here At 68500$ There Are Three Important Factors, 1.272% Fibo Level, Previous Wave D Pivot And The Main Trend Line 📊 By These Three Reason Mentioned Above, Correction From Here To The 62500$ Area Is Possible And For Account Management Customers I Prefer To Be Out Of The Market 📥 My Entry Zone Will Be At 62500$ Or Breakout From 68500$ Level @BullishTradersShortby Bullish_TradersPublished 119
BTC Bitcoin Technical analysis and Trade Idea👀👉 BTC is showing a solid bullish trend on the higher time frames, and I'm closely watching for a potential buying opportunity based on key conditions outlined in the video. We'll explore the critical price action signals to watch for and how to position yourself effectively to capitalize on the next move. Disclaimer: This analysis is provided for informational purposes only and should not be considered financial advice. 📊✅12:35by tradingwithanthonyPublished 7715
Bitcoin Bull Flag Breakout Incoming – $100k Target!!Bitcoin is forming a bull flag pattern on the daily chart, hinting at a potential breakout that could propel the price towards $100,000. Currently trading at $65,859, Bitcoin is testing the upper boundary of the flag, with multiple rejections seen in previous attempts to break out. This consolidation within a descending channel, following a strong upward trend, suggests a bullish continuation if the breakout is confirmed. If Bitcoin successfully breaches the flag’s resistance, the measured move from the prior leg indicates a target of $100k. Bull flags are known for signaling a continuation of the prevailing trend, and with Bitcoin’s bullish momentum intact, a breakout could lead to a significant surge. Traders should watch for a clean break above the upper trendline as a confirmation of this setup. Longby GreenCryptoTradesUpdated 15
BTC update BTC update (adjusted) BTC is going to touch TL and psychological price - 70K Then, IF break we'll have the new Target! Longby sunmikeePublished 2
$BTC UPDATEThe way yesterday's daily candle closure got me thinking. Closing as a bearish daily candle would have met my expectations for a strong bearish movement, but on a daily basis, CRYPTOCAP:BTC is still bullish but we are currently in Daily Supply range. Yesterday we had 4H strong liquidation in Daily Supply + Strong Bearish momentum The high 67.986 might get swept, then we might get a bearish momentum to look for confirmation shorts OR 15m Supply in this 4H candle might hold and push the price to the 4H fractal low ( 64.773 ) I personally think that price will push higher to sweep the high but it is risky to take any trades before price showing its handby alplailaPublished 3
Average Directional IndexADX (Average Directional Index) ADX is an excellent indicator for measuring the strength of a trend. It does not indicate the direction (up or down), but when combined with other indicators, it helps identify when a trend is strong enough to warrant a trade. It is most effective for use on time frames that depend on your trading style, such as 5- to 30-minute charts for day traders or daily charts for long-term investors. It was created by J. Welles Wilder and is used to assess whether the market is in a strong or weak trend, helping traders avoid trading in sideways markets (without a clear trend). ADX is derived from two other indicators: +DI (positive Directional Indicator) and -DI (negative Directional Indicator), which measure the strength of upward and downward movements, respectively. ADX, which is the average value of the two, indicates the strength of the trend. ADX above 25: Indicates a strong trend. ADX below 20 or 25: Indicates a weak trend or a sideways market. Identifying Trend Strength: A high ADX (above 25-30) indicates a strong trend. The higher the value, the stronger the trend, whether up or down. A low ADX (below 20-25) suggests that the market is trendless (sideways), which may indicate that it is best to avoid trading in a particular direction. Confirming Trends: If the ADX is rising while the price is rising or falling, this confirms that the trend is strong. If the ADX is falling, this suggests that the trend is losing strength, even if the price continues to rise or fall. Avoiding False Signals: When the ADX is below 25, it is more difficult to identify clear trends, and there is a greater risk of entering false breakouts. ADX is useful for avoiding trades in markets without a clear direction, where movements can be very volatile or erratic. ADX can be used on different time frames, but its effectiveness varies depending on the trading style. The most common time frames are: Day Traders: Use ADX on 5, 15 or 30 minute charts, seeking to confirm the strength of intraday trends. Swing Traders: Prefer 4-hour or daily charts to identify the strength of medium-term trends. Position Traders: Generally use daily or weekly charts, analyzing long-term trends based on ADX.by ferulianovPublished 1
btc on 4h time framehello guys…it seems bit on diametric pattern and wave g is not started i except that wave g start soon and bit can go upward as a mark that i paint on chartLongby moeinzhtUpdated 5
BTCUSDT Neutral On A Support LineHi there, BTCUSDT appears neutral, seeming undecided between 72K and 44K. Bears will need a break below 59522.84, but bulls face resistance from bearish pressure at 68K. From the perspective of SND patterns, block marked X' may favour bullish lows, while block marked Y' may influence bearish momentum. Happy Trading, K.by KhiwePublished 4
Title: Key Support Levels for Short and Long Positions: CriticalIt seems we have experienced enough upward momentum, and now, with the support level at 66,842, a short position can be considered. However, since this position goes against the main trend, it’s crucial to set a tight stop-loss to manage risk and ensure an early exit with a favorable risk-reward ratio. The next support level for this strategy could be 65,359.8. On the other hand, if you're planning to open a long position, you might consider entering at 67,898.7, but be cautious with the stop-loss placement. A wider stop-loss would be advisable, possibly below 66,687.4, to allow room for market fluctuations.by saeedalipour93Updated 4
Technical Nonsense TerritoryWe are slowly approaching a technical nonsense territory... "Breaking from the downwards channel" "Swing trading the upwards channel" and similar degenerate strategies may soon become a thing. After breaking an ATH, we are entering the uncharted territory. Legends will be guided by the ghosts of technical analysis. The truth is, the best strategy will be to buy and hold.Longby josipPublished 2
BTCUSDT close the channel resistance close above 70K= pumpAs we said before this channel is Descending channel and it is short-term fall and rest for market and soon after a valid breakout we can expect heavy pump and new ATH and it seems it is happening. Notice: we may have short-term heavy dump with some news in upcoming days but long-term we are bullish and soon even 70K$ will break and the pump is ahead. DISCLAIMER: ((trade based on your own decision)) <Longby MMBTtraderPublished 228
BTCUSD / Bitcoin Trade IdeaBitcoin looking decent for a bit more push to the upside. Here's my thoughts and plan. I like this momentum so ideal scenario A) is we have a minor pullback ideally into $65.000 area and push from there. M15 - H1 candle showing strong bullish intention is a must here. Scenario B) is something I will be more cautious based on HTF narrative. Will look for buy as a scalp and if BTC rejects from this level I'll consider taking a trade for higher prices. There is also C scenario that I consider to short this pullback but this might be quick so I won't cover it in this idea but I'm looking for this intra day setup as well. Longby TiwielUpdated 224
BTCUSD SELL & BUY Opportunities I’m anticipating the market to rally up toward my key sell zone, which aligns with the 71% retracement on my Fibonacci. From there, I expect a sharp decline of about 2,000 pips, bringing us close to my first buy entry, also at the 71% retracement of the current structure. If the market doesn’t reverse here, we might see a sweep of the current structure’s low, hitting my second buy zone before continuing its move to the upside.by bhomer12Published 112
Current BTC/USDT pair analysis based on 15m and 1D time frameWhile internally we are printing bear trends, I think we might be accumulating for further upward momentum. The potential "long" levels I gave earlier were if bearish scenarios (66449.9 : 65415.9 : 64125.9 : 63178.8) if you plan on start building a position towards the next bull run, however, if this was an accumulation for the bullish breakout, here is how you would know. At 67301.8, if we close above with a high volume and high momentum candle, we might be going for the next major BOS. Make sure you have a game plan for both potential situation.by Nate36989Published 111
CONGRATULATIONS IF YOU LONGED THAT - MY NEXT IDEASHere are the levels that immediately stand out, we have had a very easy long trade given during yesterday's stream Are we headed for the range high? Are we headed for the trend line, or will we rotate back down? If I have time today, I will do an explanation video, but otherwise trade responsively. For any of these plays, I want to see a flip in structure on the 10-minute chart or higher before entering. Let’s be ready! Make sure to follow for regular updates and insights! 🔔💡 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁by Trade-JournalPublished 3
BTC Technical Analysis👀👉 Bitcoin is currently exhibiting an overextended bearish move and has reached a key support level, where we are seeing signs of a retracement. There are three specific resistance levels above the current price that could serve as potential retracement targets. I’m monitoring for a selling opportunity if price moves into one of these zones and shows a structural break to the downside. Until this price action unfolds, there is no active trade setup. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always assess your risk and consult a financial professional before making trading decisions. 📊✅07:21by tradingwithanthonyUpdated 5
BTC is moving earlier then what I was expectingBTC moved above the downtrend consolidation channel earlier than I anticipated, with volumes confirming this change in trend. The breakout occurred on the 14th of October. Currently, there is a low chance that the price will return to the bottom of the channel at 53k-50k, in my opinion. I guess the price will just retest the top of the channel at around 64k-62k and continue to the upside, probably to the higher part of the channel at around 73k, maybe a little more. On the weekly chart, volatility is still low on BBWP (13th percentile), while on the daily chart, it is at the 63rd percentile, with extremes around the 85th-95th percentiles. So, there is still momentum to continue to the upside.Longby danywaystrigePublished 1
Bitcoin / TetherUS PERPETUAL CONTRACTAs seen in the study, bitcoin will complete the Gartley harmonic movement and test the 54,000 USDT level. This is not an investment advice. BITGET:BTCUSDT.P BINANCE:BTCUSDT Shortby suleymancucePublished 4