BTC UpdatesAs said before BTC would like to stay here and consolidate at this resistance and some good news will push the price above 72+kby BitcoinForecastPublished 3
BTC EN OF 2024**Fundamentals:* * The reduction of interest rates will favor higher-risk assets, monetary destruction, and monetary stimuli. A 0.50 bp rate cut is expected by the end of 2024. There is high liquidity in the market, with large investors having cash available, indicating a potential market entry. **BTC Analysis:** Bitcoin is consolidating right at the resistance of lower highs around $68k. **Scenario A:** If this resistance breaks, it could signal the start of a bullish momentum. After breaking through the highs, it would be normal to see some consolidation or a slight pullback. Before the U.S. elections on November 5th, if Trump wins, it could further boost the bullish momentum, leading to a new bull run. - **Target Price:** $80k - $100k **Scenario B:** Consolidation this week and a retest of all-time highs could lead to a pullback to the previous resistance zone before the U.S. elections, followed by a continued upward trend.Longby AJTRADER84Published 1
BTC - Weekly Timeframe - As at 16.09.2024BTCUSDT - 1st update was on 05.07.2024 During that period the prices were testing the S zone. Price has moved above the recent weekly close of 65602 on 23.09.2024. If the present weekly candle closes above that close we will see a new Higher Close and a high for the last 7 weeks. Volume spikes haven't happened yet. Hence a close watch on that is very important. If a higher close weekly candle is seen the MACD may close above the signal line. Which will add confidence to the Bulls. RSI above 50 points is positive as well. Prices breaking above the R1 zone range between 68307 and 73837, a trend extension will be seen. Trend extension to test all the way upto the R5 zone could take place if volumes increase.Longby nisashiPublished 0
#BTC Divergence Phase, how should we trade?📊#BTC Divergence Phase, how should we trade? 🧠From a structural perspective, we can clearly see the existence of a long structure, so the general direction is a long trend, so long trading is the main focus, trend trading will be easier, and the profit will be enough. ➡️If you want to short, it is a counter-trend trade, so counter-trend trading needs to be more conservative, and you need to try it in the heaviest resistance area, and you also need to participate in combination with the short structure. ➡️So, even if you want to short, I am only interested in the resistance area of 70080-72144, or wait until a new high is reached to build a short structure before participating. ⚠️It’s not that I don’t do long trading, but the market does not give us the opportunity to enter, so we can only be more patient. Let’s see👀 🤜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_king888Published 0
Bitcoin to new all time high Bitcoin daily chart closed above the 67k I'm now 14% ROI in this trade that started September 1st and 30% ROin total (2 trades) Next week will be huge we will see a new all time high Longby thebitcoin_traderPublished 3
2024.10.08 BTC(₿) Analysis💡Brief analysis of the current state of Bitcoin In November 2022, OKX:BTCUSDT.P has reached its low point. Over the following years, consistent trend of the bullish market has brought about a historic price renewal with the value of 73,000$ in the early 2024. After a rapid increase, bitcoin now shows a sideways market waiting for a new direction to be created by buyers and sellers. 1. BTC Prediction / Where is it headed? Referring to the Elliott wave theory, we can anticipate 2 scenarios for future analysis. 🔸Main perspective We can assume that a 5th impulse wave is remaining after the completion of the last correction wave(4th). 🔸Sub perspective 'One cycle' of the Elliott wave has been completed, consequently turning the market into a bearish direction in the future. 🎯Sticking to the ✅Main perspective would be more plausible since it clearly shows the 4th wave in the state of being counted as well as showing a familiar pattern referring to Bitcoin’s historic data. 2. Future Predictions We can assume two types of possibilities which are: 'Ending diagonal' and 'Complex correction'. 🔸Ending diagonal - Bitcoin will ascend(abc) by breaking towards the initial high price and form an 'Ending diagonal(1,2,3,4,5) for the 5th wave, which will turn into a bearish market afterwards 🔸Complex correction (WXY) - Still in the state of completing the Complex correction (WXY) wave, where 'Y' will be forming a triangle pattern(a,b,c,d,e) 🎯 Two options have been given, but would consider the latter option(✅Complex correction) since it clearly shows a manifest pattern of WXY rather than an 'Ending diagonal' 3. Why can't "Ending diagonal" be an option ? 🔸1st reason - No penetration on the resistance level. The movement from BTC should've made a breakthrough(white circle) on the resistance level earlier, but failed. It is always important to bear in mind about the period where BTC should go up in a given timeframe. 🔸2nd reason - Formation of the ABC pattern Clear 'ABC' pattern has already been created(red line), making the chart descending afterwards. Consequently, leaning to high probability in forming a complex correction pattern. 4. How to enter a trade from this POV? After assuming BTC is in the state of the 4th correction wave with forming a complex correction pattern(WXY), We can place a short trade on (B) and place a Long trade after it touches the bottom resistance level of the triangle pattern(Using a RSI indicator and finding an ascending divergence would increase credibility). Of course you may place another short trade on (D) after it touches the upper resistance level. For a better price entry, always zoom in(Change time frame) the chart before entering a trade. Despite our earnest efforts in analyzing chart patterns, there is no 100% win-rate. Therefore it is essential to exit a position partially(Half) for profit n loss ratio. Always use a stop-loss in order avoid liquidation of your valuable assets. 5. On a final note 🚀 There are always skepticism regarding the price increase on Bitcoin since current assets are low at the moment. However, the decrease in interest rates along with the participation of new Crypto investors is surely making the market more constructed. Slowly, but manifestly the SEC is acknowledging the Crypto scene in a positive way, not to mention the institutions that are related to it. Bitcoin has steadily turned about with more supporters than opposers.by AnBomPublished 1
BTC/USD Medium-term forecastThis is how I see the price movement for the next 10 days. It can be argued that BTC has reached the target of the inverse head & shoulders pattern and now it is no longer valid. The top was reached just below $68,000 and the target was more or less met. Otherwise, we had it set at USD 68,300, but this is a negligible small difference. Now that the target of this pattern has been reached, we will have to watch for other patterns that will predict either a rise or a fall. So the recent inverse head & shoulders pattern predicted a rally for us, and that rally occurred within a significantly larger descending channel pattern that is still in effect. A descending channel is a bullish pattern and in most cases it is a trend continuation pattern. It can also be called a bullish flag. If we revisit it at longer intervals like weekly, we can see that we are just below the upper trend line, where it is now trying to break through for the fourth time. The fourth attempt according to Gann is usually the most "dangerous" and in most cases indicates a breakthrough of this trend line. On the other hand, we can see that we also tried to break the lower trend line into the fourth, but at that time the buyers successfully defended this level. This data is very important and tells that sellers have failed and now there are greater chances of breaking the upper line than rejecting it and falling again to the lower trend line. My personal opinion is about the breakout of this upper trend line, which is actually expected by everyone. Once we have this trend line broken, there will be euphoria in the market and after that we will quickly reach the $71,100 level, where in all likelihood there will be a bit more rejection to the $67,000 levels and a rebound from there. A trend line is located at this price and if we have a rebound from there, its breakthrough will be confirmed. by kriptoclubPublished 0
BTCUSDT BUY ANALYSIS RECTANGLE PATTERNHere on Btcusd price just form rectangle pattern and now break the level of 66736.95 so which means the chances of going up is big therefore trader should go for LONG with expected profit target of 70158.54 and 73826.50 . Use money managementLongby FrankFx14Published 2
Skye Pulse 26 Crypto Edition Bitcoin 16 10 2024Good day Team. 📊 Bitcoin Analysis Today’s update covers the key supply and demand zones driving Bitcoin’s price action 💡 How I Identify These Zones Introducing Skye Pulse 26, a trading bot designed to automatically generate these important supply and demand zones. It takes the guesswork out of charting and lets you focus on interpreting price patterns and executing your trades. While Skye Pulse 26 handles the zone creation, I take it a step further by educating on price patterns like flags, wedges, and breakouts that help traders spot the next move. Combining the bot's precision with real-time pattern recognition enhances your edge in the market! 📈 Want to Learn More? Follow me for daily insights and pattern breakdowns. Let Skye Pulse 26 handle the technicals, and together, we’ll spot the best trade opportunities. 🚀 Join the Journey Level up your trading by incorporating automated zones with expert education. Let’s navigate the markets with confidence and consistency. #Bitcoin #SupplyAndDemand #CryptoTrading #SkyePulse26 #TradingBot #PriceAction #CryptoEducationby personal_brandPublished 0
Skye Pulse 26 Crypto Edition Bitcoin 16 10 2024Good day Team. 📊 Bitcoin Analysis Today’s update covers the key supply and demand zones driving Bitcoin’s price action 💡 How I Identify These Zones Introducing Skye Pulse 26, a trading bot designed to automatically generate these important supply and demand zones. It takes the guesswork out of charting and lets you focus on interpreting price patterns and executing your trades. While Skye Pulse 26 handles the zone creation, I take it a step further by educating on price patterns like flags, wedges, and breakouts that help traders spot the next move. Combining the bot's precision with real-time pattern recognition enhances your edge in the market! 📈 Want to Learn More? Follow me for daily insights and pattern breakdowns. Let Skye Pulse 26 handle the technicals, and together, we’ll spot the best trade opportunities. 🚀 Join the Journey Level up your trading by incorporating automated zones with expert education. Let’s navigate the markets with confidence and consistency. #Bitcoin #SupplyAndDemand #CryptoTrading #SkyePulse26 #TradingBot #PriceAction #CryptoEducation14:46by personal_brandPublished 0
btcusdt short resultsbtcusdt short last signal of yesterday targets 1 2 3 done 250% lev x 100 50%lev x 20 congratulations followers Shortby RODDYTRADINGPublished 0
BTC short If BTC rejects 71,000 than short it with tp1 @ 68,000 Tp2 @ 65,000 Tp3 @ 60,000 Sl 72,000 If BTC closes above 71,000 than this trade will be invalid.Shortby Ats9Published 2
BTC Buy Setup.BTC Buy setup. 1. First Entry. - Entry Point: 65180 (Buy) - Target: 71895 - Since the market is in an uptrend, entering at 65180 with a buy position targets a price of 71895. 2. Second Entry: - Entry Point: 62935 (Buy) - Target: 71895 - If the price pulls back, you can take a second entry at 62935 with the same target of 71895. ### Risk Consideration: Be sure to set a stop loss between the entry points and the target to manage your risk in case the market doesn't move as expected.Longby SmartTrading_HubPublished 1
Bitcoin targets 70K! - #BTC AnalysisBitcoin and risk assets have been looking great lately. I believe the upward momentum will continue in the upcoming weeks. The golden bull run is coming for crypto, in my opinion. Current state: I believe we tested diagonal resistance and were rejected there (possibly taking profits from those who bought at the bottom). I would expect a retracement to the 'Long Zone' marked on the chart. The retracement may potentially take a bit longer and might create a range for a couple of days. However, after the retracement, I do expect to see 70K being smashed rapidly.Longby UA_CAPITALPublished 1
BTC UpdateIt looks like 65-66k becomes new support and if we consolidate within this range having any good news, it will help BTC to break 70kby BitcoinForecastPublished 0
BTC UpdatesBTC uptrend rejected exactly at resistance with all in favor it will try again and after breaking the uptrends we can see 75kby BitcoinForecastPublished 223
BTC Bounce from $58,000: Heading Towards ?I've been closely tracking Bitcoin's price action, and my latest analysis suggests that we may be witnessing a significant bounce from the $58,000 level, a strong support zone. After a recent dip, BTC is currently trading at $65,655, and based on key technical indicators, I expect it to rally toward $74,000 with a couple weeks. however It's only a matter of price breaking above the 67000k resistance level as shown on chart. So this is a key level to watch Key factors driving this prediction: Support at $58,000: This level has historically acted as a strong floor for Bitcoin, with previous bounces leading to upward moves to retest 63k +- 1000points resistance range. Volume and Momentum: Increasing trading volume and momentum indicators are pointing to a potential upward continuation. Moving Averages: BTC is currently holding above key moving averages, reinforcing the possibility of bullish momentum. Market Sentiment: With recent developments in the fundamental space, sentiment is leaning bullish, adding further conviction to the potential for this move. If this analysis plays out, we could see BTC pushing through resistance levels and reaching $74,000 in a couple weeks time frame ideally. Keep an eye on these key levels as the price action unfolds. MCG19:38by MiDAS_CryptoGroupPublished 0
Predicted Rally in bitcoin #BitcoinHello traer's If you enjoying this rally in bitcoin then comment #enjoy if you missed then never forget to follow this page.. check my previous post that i posted 3 days earlier before this move so follow and like Longby vikashsharmaxzPublished 1
$BTC to the moon In the previous analysis of Bitcoin, we mentioned that after breaking this strong dynamic resistance, Bitcoin would experience its maximum growth. Bitcoin has broken through this dynamic trend and confirmed its upward move after a retest. Be sure to check the previous analysis. Bitcoin is set to hit an all-time high soon. Expect Bitcoin to reach between $90,000 and $100,000.Longby ScorpionX_CoPublished 2
btcusdt longbtcusdt long Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position INSTRUCTIONS: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20Longby RODDYTRADINGPublished 0
BITCOIN UPDATE !Bitcoin continues to consolidate within the descending broadening wedge pattern. The price recently faced rejection at the upper resistance level, indicating a potential downward move. The repeated rejection at the upper boundary suggests strong selling pressure at the current levels. The chart highlights multiple bearish formations, each leading to significant drops, which could indicate a similar scenario if the price fails to break out. The green trendline and the lower yellow zone are potential support areas where buyers might step in. A short position could be considered if the price is rejected at the upper resistance. Place a stop-loss slightly above the resistance zone to minimize potential losses. Target the lower support area around the $51,650 to $50,650 range for potential take-profit levels. Monitoring Bitcoin's behavior near the wedge's upper boundary is crucial to anticipate the next move. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdminby CryptoSanders9563Published 13