BTC DAILYIf the plan breaks the green chim line by 3%, there is a possibility that the price will increase until the next line. If it lowers the green chim line by 3%, there is a possibility that the price will decrease until the next line.by filtershokri643Published 0
BTC/USDT Daily Analysis – Key Channel Insights📊 BTC/USDT Daily Analysis – Key Channel Insights Bitcoin has been trading within a channel for the past 217 days, as clearly visible on the chart. We've seen a few minor wick-offs (fakeouts) in both directions, but more frequently towards the downside. Notably, the channel's midline has been consistently respected as both support and resistance, which underscores its significance. 🔸 Potential Breakout/Breakdown: A breakout to either side of the channel would likely confirm the next major trend. However, given the choppy market conditions, caution is essential. I remain neutral until a decisive move happens. For me, the market needs to break the previous ATH at $73,777 to confirm a bullish breakout, while a break below $58,900 would signal a bearish breakdown. 🔹 Price Action Forecast: From my analysis, the market seems poised to test the upper boundary of the channel. Just $1,000 above that lies a critical 0.786 Fibonacci retracement level, which could serve as a turning point. I’ve laid out two potential scenarios, with clear targets for both bulls and bears: ⚔️ Two Scenarios to Watch: Bullish Path 🚀 Invalidation: Below $58,900 Target: $103k – $110k Bearish Path 🐻 Invalidation: Above $73,777 Target: $44.5k – $40k While I haven’t specified exact timelines for these targets, I expect strong movements in either direction once the breakout or breakdown is confirmed. ⚠️ Divergence Forming: On the daily timeframe, there’s a clear bearish divergence building, aligning with both of the outlined scenarios. Personally, I’m leaning towards a strong rejection at higher levels, as it would open a lucrative opportunity to enter a short position targeting $44k. This could allow us to capitalize on a solid drop before the anticipated bull run. 🚨 Disclaimer: This is not financial advice. Always conduct your own research and trade responsibly. Markets are highly volatile, and you should only invest money you are prepared to lose.by RhinoAkaBearPublished 0
13% profit 30% in total, bitcoin might do a new higher high Recap: first off all congratulations to everyone who followed my signals, we are on our second trade the first one made more than 16% profit and the second since September 1st made more than 13% and still going strong Since September 1st I've guided my followers through entry and exit points and thanks to my perfect entry the last panic sale didn't put us in the red even thought I've pleaded every trader to buy Bitcoin and that it will at least go above 65858$ and I've been trolled for saying that now the joke's on you Bitcoin will continue it's uptred and might do a new higher high Longby thebitcoin_traderPublished 2
BtcBtc is ready for new leg up =>70k zone This is not a financial advice dyorr EnjoyyyyLongby jupitertradePublished 1
Bitcoin and altcoin overview (October 15-16)Yesterday, for Bitcoin, we immediately realized our first noted scenario with consolidation above and a test of the subsequent sell zone $66,500-$68,200 (volume zone). The growth was accompanied by a large amount of market activity from buyers, which was noted on the cluster chart as an imbalance in delta (a strong bias in this indicator relative to the last month). At the moment, it's difficult to identify a specific support zone within this movement, but it's worth mentioning that the main point where the bulk of the volume is focused is at $66,000, so a strong consolidation above/below this value may set the direction of movement for the near future. It's worth joining the long position after consolidation above $66,000 and its subsequent retest. Buy zones: $63,100-$62,500 (mirrored volume zone), $60,000-$59,000 (buyer activity), $55,000-$53,800 (volume zone), $57,000-$56,400 (volume zone). Sell zones: $66,500-$68,200 (volume zone), $72,000 level (seller market activity). Interesting altcoins. NEIROETH. For this coin, below we have an important volume zone of $0.095-$0.084 with a large number of anomalies within it. Upon retesting, we expect a reaction and join the long positions. by Crypto_roboticsPublished 0
bitcoin expectationnow bitcoin in correction move like w x correction and when finish go up for last wave z. then there is two possibilities a deep selling or big correctionby fouzi0316Published 0
October Delivered as Predicted! BTC +10% and Now $66,000📈 History Repeats Itself – Just as We Expected Exactly a year ago, we witnessed a similar trend, and October 2024 is no exception! After a dip at the beginning of the month, Bitcoin surged as predicted, rising by 10%. The current price of Bitcoin now stands at $66,000. 🌪️ What’s Next? Will this upward trend continue, or are we in for more volatility? One thing is for sure – October once again proved to be a month of major moves. 🔔 Stay prepared for more market shifts and keep a close eye on the crypto scene!by CHOWTRADEPublished 0
BTCUSDT : We are still bullish - and it’s time to loot sellers Stay tuned and for sellers: God bless you Short term you can try your full leverage - wait for 65700-65500 to long with SL of 65400 & TP 67200 . Thanks me later .Longby PERFECT-TRADERPublished 112
bitcoin still in a channelwe havent seen a real breakout, thisis a channel, and there is divergence, i will be careful, im not long nor short. by miradornocaimaPublished 0
Bitcoin will break 7 month Bullish Flag?Hey traders! Here we are, as we thought we touched 59K and we came up. And we're still moving in a long 229 day bullish flag, and hopefully we could break it soon. The next resistance target is around 68K and if we're going to break this level, plus volumes will confirm and will see short correction if RSI will be oversold we can go upwards strongly! But don't forget to pay attention for 1 Day MA which is still bearish, volumes that are still descending and RSI. What's your thoughts? Longby SheTradesHubPublished 1
Bitcoin UpdateCRYPTOCAP:BTC surges superb and made a high at 66400$, bitcoin might do short retest for 65000$, now the only key level remaining to go for new all time high is 68000$, there are possibilities that bitcoin could make 70000$ before the end of this month but i'll advice to all of my followers that do not hold your trades for November, Because November could be highly bearish due to US elections.by Beyoglu_AnalystPublished 0
BTC significant resistance $68kWe have been in a descending channel for a while, we broke out of a long term ascending trend via this channel. We had a fast wick lower a couple of weeks ago that threatened to chart an even steeper descent but as mentioned, sometimes single wicks can be ignored and it looks like that one was ignored. As you can see in the chart, we reach top of descending chart at around $68k, its probable that it will pull back here as it has so many other times when it reached top of this channel, this is just statistical probability. If we do break out it looks like our next major resistance would be around $72k which would be an attempt to reclaim our previous ascending trendline. Breaking that top of descending channel would offer a glimmer of hope and reclaiming that prior ascending support line would be bullish and really good for us. Again in all likelihood when BTC hits that $68k area (or wherever it is when we reach that top of descending channel) it will pull back and you should be very cautious about entering long here. If it breaks that resistance, it will reduce risk at least up to ~$72k and then again excessive vigilance is called for. Even now we are not far from that resistance line so be aware and pay attention to it. Even if you dont trade BTC, BTC tends to affect alts even more significant than it impacts its own price. This is not investment advice, DYOR!by EncryptShawnPublished 0
btc breaks 66k 🚀 **#BitcoinUpdate: BTC Blasts Through $66K!** 📈 🚨 **Breaking News**: Bitcoin has not only reached the $66,000 mark but has also powered through the Fib 1.2 level! Here's what this means for traders and HODLers: **Technical Breakdown:** - **Current Price:** $66,194 🚀 - **Fibonacci Retracement:** The breach of the 1.2 Fib level indicates **strong bullish momentum**. Traditionally, this level can act as a psychological barrier, and breaking it often leads to further upward movement. - **Market Sentiment:** The market is smelling particularly bullish. This surge aligns with positive economic stimuli and could be setting the stage for new all-time highs. **Why This Matters:** - **China's Economic Boost:** Recent economic stimulus in China seems to have a ripple effect, enhancing global market sentiment, including crypto. - **Technical Indicators:** With Bitcoin trading above key moving averages and showing a buy signal on many technical analysis platforms, the momentum could carry us towards the next resistance, potentially around $68K to $70K. **Market Analysis:** - **Volume:** Trading volume has spiked, indicating strong buyer interest. - **RSI:** Check the RSI; if it's not overbought, there might still be room to grow before a significant correction. - **MACD:** Bullish crossover on the MACD could confirm ongoing momentum. **What's Next?** - **Watch for Consolidation:** If BTC consolidates above $66K, it could set a new support level here. - **Potential Targets:** Eyes are now set on $70K, with some analysts even whispering about six figures by year-end if this momentum holds. **Trading Strategy:** - **Long Positions:** Consider holding or entering long positions but keep an eye on stop-losses just below key support levels in case of a sudden pullback. - **Short-term Trades:** Scalpers might look for quick profits on the bounces from minor dips, given the current momentum. **Community Sentiment:** - There's a 'familiar bullish smell' in the air, as some seasoned traders might say. The community's watching closely, with many expecting this could be the run-up to a new peak. **Remember:** Crypto markets are volatile. Always do your own research (DYOR) and consider your risk tolerance. Stay tuned, keep your charts updated, and let's ride this wave with caution and excitement! 🏄♂️✨ #BTC #CryptoTrading #Fibonacci #BullRun #TradingView --- This post captures the excitement of the moment, provides technical insights, and encourages community engagement while reminding traders of the inherent risks.Longby chrisGTRPublished 2
BTC LTF MSB Short SetupBTC LTF MSB Short Setup: Looks to be the same kind of setup like the other two where you get the HL structure - HH structure- LL structure - LH structure; ------------------------------------------------------------------------------------------ I'm a bit sceptic about the following things: - Price didn't immediately break through the structure like it did in the examples, though this could be because this HL structure is way bigger (more support so reaction to upside so no immediate breakdown); - I'm afraid that price, when it goes back up to form the LH structure, just goes back to the highest high to create an SFP which would hit my SL. I'm afraid of this because the highest high isn't already an SFP (otherwise this would just be straight up $ NASDAQ:CASH $$). To mitigate the chances of this happening I'm going to wait for 1) the dip in the LH structure or 2) an obvious SFP in the LH structure. I have to add though that on the two examples price never formed a SFP at the highest high and still you got the LH. I'm expecting scenario 1 because this is how it went in example 1 and this overall structure looks a bit similar to that one (111) but you ofcourse never know. ------------------------------------------------------------------------------------------ Maybe a bit soon to create the whole thought process as price likely needs a bit of time before it goes back up for the LH so the real structure could therefore look way different than the scribbling but I just have to show my two followers real quick how good I am at reading BTC (L-taking in the making?). Shortby EyyJasperUpdated 223
next few weeks outlook btc pre planned btc trades for the next few weeks, lets see!by StoicTrader8Published 1
BTCUSD Come on Baby, You are Ready to Bullrun1. Current Price Action Price is trading at around $64,719, approaching the previous all-time high of $67,752. There appears to be a breakout from a downward wedge pattern, indicating a potential continuation of the uptrend. The price target projected from this wedge is aiming towards higher levels. 3. Future Price Targets 1.272 Fibonacci extension is marked at $100,214, which seems to be the next major target on the upside if the price breaks above the previous all-time high ($67,752). The chart suggests that there’s a good probability of Bitcoin rallying towards this level if bullish momentum continues. 4. Trend Analysis The breakout from the wedge is significant, as wedge patterns often signal the end of a corrective phase. The breakout suggests that the market could resume its bullish trend after the consolidation. If Bitcoin sustains its price above $67,752, it would likely confirm a new bull run, with Fibonacci extensions providing potential targets for the next leg up. 5. Support Levels On the downside, the first major support is around the 0.786 Fibonacci retracement at $49,793. Below that, significant supports include $39,099 (0.618 Fibonacci level) and $32,992 (0.5 level).Longby YogaIDPublished 1
Bitcoin rally at risk?The Bitcoin rally has been facing trouble of late as it’s been struggling to move above $66k. However, the last 24 hours showed better signs. As per CoinMarketCap, the coin’s price increased by more than 1.5%. At press time, Bitcoin was trading at $63,896.05. The latest price hike has pushed 48.9 million BTC addresses in profit, which accounted for 91% of the total number of BTC addresses. But BTC’s troubles are not over yet, as there were chances of the Bitcoin rally ending. Ali, a popular crypto analyst, posted a tweet revealing an interesting development. As per the tweet, BTC’s price was moving inside a channel. The bad news was that the coin had already faced rejection three times when it approached the resistance of the pattern. Therefore, it indicated that this recently gained bullish momentum might not last. So, AMBCrypto planned to dig deeper. As per Glassnode’s data, a metric suggested a halt to the Bitcoin rally. We found that the king coin’s NVT ratio increased. Whenever the metric rises, it indicates that an asset is overvalued, hinting at a price correction. The coin's long/short ratio also dropped. This meant that there were more short positions in the market than long positions. A rise in the number of short positions can be interpreted as a bearish signal. However, not everything was in the bears’ favor. For example, BTC’s exchange reserve was dropping, according to CryptoQuant. A decline in this metric means that buying pressure was rising, which often results in price hikes. On the chart, the technical indicators looked pretty bearish. BTC’s MACD displayed a bearish advantage in the market. Additionally, the coin’s Chaikin Money Flow (CMF) also registered a downtick, hinting at a price drop. If that happens, then the Bitcoin rally might end and the coin could drop to $60k again. Nonetheless, in case of a continued price rise, BTC might test its resistance at $65.4k again. Shortby paul_endeoPublished 2
BTC View !hi dears we are bearish in btc from 65k and now price retest this price and will go down more soon be painentst and make some money with short postiones Shortby TradeWithMkyPublished 2
BTCUSDTPrice headed towards to take out Buy side liquidity at 68k though 47k is inevitable. The market will ten to balance it self and then figure out the next move. Looks like the market top for this cycle was 73.9k Furthermore, there's no volume in the market since MayLongby oms213Published 0
BTC will sideways after today Bull risesAfter Mt Gox postponed repayment deadlines. Bitcoin will sideways till Geopolitical issue come then Bearish for correction up to 58kShortby dickyandre23Published 1
Market overviewWHAT HAPPENED? Last week, we saw a correction in bitcoin. The large buy zone of $62,600-$60,800 didn’t give any reaction, so the first cryptocurrency needed to capture liquidity from the local level of $59,850 to make a full-fledged reversal. Now we’ve already overcome the sell zone of $61,800-$62,900 (the zone of accumulated volumes). It has become a mirror support zone for us, but with a slight displacement in volume. We also reached the next resistance level of ~$64,150 (volume protection level) and the $64,500 mark. WHAT WILL HAPPEN: OR NOT? According to the current marks, anomalies in the delta with a preponderance in the buys were noticed. Several scenarios can be expected in the near future: • fixing above and testing the subsequent sell area; • development of an upward movement after correction to the nearest buy zone; • global sideways within $64,500-$59,000. Buy zones: $63,100-$62,500 (mirrored volume zone), $60,000-$59,000 (buyer activity), $55,000-$53,800 (volume zone), $57,000-$56,400 (volume zone). Sell zones: $66,500-$68,200 (volume zone), level $72,000 (seller market activity). IMPORTANT DATES Macroeconomic events this week: • Wednesday, October 16, 6:00 (UTC) — publication of the UK consumer price index for September; • Thursday, October 17, 9:00 (UTC) — publication of the consumer price index in the Eurozone for September; • Thursday, October 17, 12:15 (UTC) — announcement of the deposit rate and interest rate decision in the Eurozone for October; • Thursday, October 17, 12:30 (UTC) — publication of the basic US retail sales index for September, the number of initial applications for US unemployment benefits, the index of manufacturing activity from the Philadelphia Federal Reserve for October and the volume of US retail sales for September. *This post is not a financial recommendation. Make decisions based on your own experience. by Crypto_roboticsPublished 0
bullflagThe technical analysis of the bullflag for Bitcoin indicates a continuation of the upward trend, with a target of $86,000. After a strong rally, a consolidation pattern (the “flag”) is currently forming, where the price moves within a narrow channel. Once the price breaks above the flag’s resistance with increased volume, the bullish trend is confirmed. The height of the flagpole suggests a significant rise, and Fibonacci extensions point to a price target of $86,000. This breakout signals the start of Bitcoin’s next parabolic move.by cryptocalculatorPublished 0
$BTC Technical confirmation for a bullish breakoutCRYPTOCAP:BTC has just broken through a crucial level for a bullish continuation, and the Uptober myth is once again being confirmed.Longby eOraclePublished 7