BTCUSD MTF AnalysisThis is an analysis using MACD with multiples time frame. In weekly chart the MACD is telling the current trend is bullish but in retracement phase. The trend is remain bullish as long as MACD is above zero level.by AdamIdris2Published 330
#Bitcoin parabolic god candles loading step by step!We witnessed a short-term retest and accumulation in 2016 and 2020. The 2024 accumulation phase before the CRYPTOCAP:BTC mega bull lasted a bit longer. It should not be forgotten that the longer the accumulation period lasts, the harder and more epic the next parabolic waves will be.by EtherNasyonaLPublished 1
#Bitcon and Mars On 4/20/2021 I noticed the Vedic astrology aspect of Mars impact Bitcoin price in real time in 2021. Mars has been in the zodiac sign of #Gemini since the end of October 2022. He now reaches 27 degrees which has significant impact on mundane affairs once you pull up the charts. wont surprise me if I wake up to 30k just to give it all back....not crash forever, just bounce frens...just bounce by CajunXChangeUpdated 771
Bitcoin at Critical Levels: Head and Shoulders Pattern in Focus!CRYPTO:BTCUSD At the time of writing, Bitcoin is trading at 59,771.36. Despite forming a Head and Shoulders pattern, a bearish signal with a ~70% probability of continuing downward, the price action is currently undecided. If the price breaks the neckline at 57,088.60, the bearish move could push Bitcoin down to the next target of 49,014.74. However, if the price manages to break above the breakout line from the head, Bitcoin could rally toward the 69,927.00 resistance level.Shortby SpicyPipsUpdated 3
btc sell updateLooks like price will hang above 4H Sell body, putting risk at 0, waiting on more movementShortby gatisabramovicsPublished 0
$BTCUSD (W) Ending 1st 5 Wave EW SequenceDescription in charts. And probably one of the last charts I share publicly for a while. Learning to play my cards close in this business. Cheers. by CajunXChangeUpdated 552
BTC BITCOIN 2024-25 Long Term AnalysisLong term chart analysis of $btc. Current Market cycle for CRYPTOCAP:BTC , long term chart analysis for Bitcoin for this upcoming bull market.Longby polobear1738Published 0
Long Term Analysis: $106k? Overall Trend: Long-Term trend is bullish forming a cup and handle pattern. This is a bullish continuation pattern. Key Resistance: $65,462 Support Levels: $37,287 and $15,804 Election Influence: The US Elections on November 4, 2024 will have major influence on the crypto market. "Best case scenario" for Bitcoin would be a Trump victory. Which means huge cashflow into BTC and bullish moves. Bullish Target: If the bullish momentum continues and Bitcoin breaks above $65,462, the next target would be all time high. However, BTC has potential to record a new high and reach $106,797. Below are the mid term and short analysis: Short Term: Longby mn_manshaPublished 0
BTC VERSUS DESTINY C*HELLO tradingviewers (Tvs) First of all world is now at the chaos . As you remember ,unfourtanetly last year Russia hit the Ukraine :( and after that coins blow up , now we are at the same situation Our analysis also show us that I am not like other traders , They always say If btc up or If btc down they are just mumblıng .... No need to over explain for pages . THATS the chart thats the analysis Take care Crypto brotherhood Welcome to brotherhood ..... Longby MasterofChartssPublished 1
Bitcoin Tapping the major ResistanceBitcoin Back at the monthly open and trendline resistance. I think Break and hold above $63500 can potentially provide a good move up. Longby CryptoMechaniccPublished 1
BTC OUTLOOKThe weekly to the daily time frame shows a clear bounce from the 60k level of support, however, note this is the second time the price has bounced from this area and failed to create a new higher high on the daily, showing clear rejection from the $64,500 area of resistance. for me, I would like to see a clear push higher and closure above $64,500 and eventually create a new higher high and higher low finding new support around the $66,300 area to then push up higher. Conversely, a break and closure below the 60k level of support would confirm the price will likely be heading to $57,900 area and then possibly even further which would see alts push lower and I believe confidence drop dramatically in the market sentiment as a whole. Just from the market structure and current price action alone, I see price ranging for a few weeks between $60,000 and $64,500. I think we will stay between these areas until the US election when we will see extremely high volatility, which could decide where price is heading.by CamYarkerPublished 0
Bitcoin taking support of 59K has retraced with upward momentumBitcoin is consolidating. Bitcoin taking support of 59K has retraced with upward momentumby ZYLOSTAR_strategyPublished 0
Bitcoin (BTC/USD) 4-hour timeframe , Supertrend, RSI and Stoch1. Price Action Overview: Current Price: Bitcoin is trading around $62,517. The price is moving between $60,000 and $64,000, with the chart showing recent recovery after a dip near $60,000. Resistance and Support: Resistance: There’s a significant resistance trendline (yellow) at around $64,000 that Bitcoin has been struggling to break. Support: The $60,000 level is acting as strong support, with a bounce from this area in recent sessions. 2. Supertrend Indicator: The Supertrend is indicating bearish sentiment as the price is below the Supertrend line (around $63,000), which serves as a resistance level. To confirm a bullish breakout, Bitcoin needs to close above $63,000, turning the Supertrend signal bullish again. 3. RSI (Relative Strength Index): Current RSI: The RSI is at 62.94, which is in the bullish territory but not yet overbought. This suggests there is still room for further upside before Bitcoin hits overbought conditions (above 70). RSI Trend: The RSI has been trending upwards from oversold levels, indicating that momentum is picking up after the recent correction near $60,000. If the RSI continues to rise and crosses above 70, Bitcoin could face resistance and potential pullback due to overbought conditions. 4. Stochastic Oscillator: Stochastic (14, 3): The Stochastic is currently around 85.92, indicating that the market is approaching overbought territory. This suggests that the upward momentum may start to slow down soon. A cross down from these levels (above 80) could signal a short-term reversal or pullback. 5. Stochastic RSI: Stochastic RSI (3, 3): The Stochastic RSI is highly overbought at 89.64, suggesting that Bitcoin could face a correction in the near future. Typically, when the Stochastic RSI reaches these high levels, a pullback is likely as momentum may slow down. 6. Key Levels to Watch: Immediate Resistance: $63,000: The Supertrend and previous highs suggest this is an important resistance zone. $64,000: The key trendline resistance above this level will need to be broken for Bitcoin to continue its bullish momentum. Support Levels: $60,000: This is the strong support level where Bitcoin recently bounced, and a breakdown below this would open the door for further downside. 7. Potential Scenarios: Bullish Scenario: If Bitcoin manages to break above the $63,000 level and stays above the Supertrend resistance, we could see further bullish momentum with targets toward $64,000 and potentially higher. The RSI and Stochastic would need to hold around their current levels for continued upward momentum. A breakout above $64,000 would signal a potential bullish continuation. Bearish Scenario: Since both the Stochastic and Stochastic RSI are overbought, there’s a strong possibility that Bitcoin could see a pullback in the short term. A move back toward $60,000 could occur if the price fails to break $63,000. If the RSI starts to decline and the Stochastic Oscillator crosses down from overbought territory, it would confirm the start of a correction, possibly back toward $60,000 or even lower support levels around $58,000. 8. Conclusion and Strategy: Current Bias: Neutral to Slightly Bullish (but caution for a potential pullback) While there is bullish momentum, caution is warranted given the overbought conditions on the Stochastic Oscillator and Stochastic RSI. Key Levels to Watch: Resistance: $63,000 (Supertrend), $64,000 (trendline resistance). Support: $60,000 (immediate support), followed by $58,000. Strategy: Consider a long position if Bitcoin breaks and closes above $63,000, targeting $64,000 and higher with a stop-loss just below $62,000. Consider a short position if Bitcoin gets rejected at $63,000 and the Stochastic shows a cross down, targeting $60,000 and lower. Use a stop-loss above $63,500 to protect against a bullish breakout. In summary, Bitcoin is facing significant resistance but has some upward momentum. However, overbought conditions on the oscillators suggest caution, as a pullback could be imminent before any sustained breakout occurs.Shortby StoxelloPublished 0
Bitcoin Long Signal to 100k+Read the description on the chart. More Reasons: Sentiment is < 40 on CMC Stock To Flow Model Halving Cycle Sp500 is making new highsLongby risk_alphaPublished 0
BTCUSD , structure for longtermBtcusd updated structure with elliotwave confirmation and fractal values Longby DELTA_INSTITUTIONSPublished 0
Bitcoin "Uptober"October is largely recognized as a traditionally bullish month.thats y its called "UPTOBER" . IF it breaks 62000 next stops at 62800 as its a 3rd leg. Exit and reenter after the dip till 63500 is my final target - Short termLongby DELTA_INSTITUTIONSUpdated 4
New HBO Documentary Hints at Identity of Bitcoin InventorMarket Update - October 11th 2024 Takeaways HBO documentary seeks to unveil Satoshi Nakamoto’s identity : HBO released a documentary, “Money Electric: The Bitcoin Mystery,” on Tuesday that suggests an early Bitcoin developer named Peter Todd invented the cryptocurrency. Crypto.com has filed a lawsuit against the SEC after receiving a Wells notice, claiming the agency has overextended its authority : The lawsuit challenges the SEC's stance that most cryptocurrencies are securities and the agency's regulatory practices. Bitcoin's price pulled back this week : The US Department of Labor announced that inflation rose 2.4% year-over-year in September, slightly above analyst expectations. Crypto reacted negatively to the news, with bitcoin dropping back below $60,000. US spot bitcoin ETFs saw $18.66 million in net outflows on Tuesday, led by Fidelity’s FBTC, which recorded $48.82 million in withdrawals : BlackRock’s IBIT was the only ETF to see inflows, with $39.57 million entering the fund. The head of Hong Kong’s Securities and Futures Commission (SFC) says the body plans to approve more crypto exchanges before the end of 2024 : The news comes after the regulator received criticism for implementing a strict approach to licensing. New HBO Documentary Suggests Peter Todd is Bitcoin’s Founder An HBO documentary, “Money Electric: The Bitcoin Mystery,” released Tuesday hints that early Bitcoin developer Peter Todd is the cryptocurrency’s founder and man behind the pseudonym Satoshi Nakamoto. In a clip late in the documentary, Todd denied he is the founder of Bitcoin and continued to deny it in a subsequent interview with Coindesk and other media outlets. The film provided minimal concrete evidence that Todd created Bitcoin, but focused instead on his technical skills, his love of cryptography, and his relationship with Adam Back, the Blockstream CEO and investor of Hashcash. "Money Electric" director Cullen Hoback also pointed to a 2010 forum post from Satoshi Nakamoto in which Todd responded, arguing that Todd had forgotten to switch his accounts and his post was a continuation of Satoshi’s original post. "This is going to be very funny when you put this into the documentary and a bunch of bitcoiners watch it," Todd said in the documentary clip while standing alongside Back. "I suspect a lot of them will be very happy if you go this route because it's yet another example of journalists really missing the point in a way that's very funny." This is not the first time Hoback has made a documentary film about trying to uncover the identity of a secretive figure. For his 2021 HBO documentary “Q: Into the Storm,” Hoback spent three years attempting to find the creator of Qanon. Crypto.com Sues SEC After Receiving Wells Notice Crypto.com has officially sued the SEC after the company received a Wells notice from the regulatory agency, which typically precedes enforcement actions. The platform said the SEC's continued regulatory enforcement against crypto companies forced them into taking legal action. According to Crypto.com, the SEC is unjustly expanding its jurisdiction over digital assets by labeling most cryptocurrencies as securities. The lawsuit is part of a broader industry pushback against the SEC's regulatory approach, which many crypto companies claim is outdated and unsuitable for digital assets. The platform is far from the first to take such legal action; Coinbase and Consensys have also previously sued the SEC, similarly challenging the agency’s stance on categorizing cryptocurrencies as securities. The SEC has reiterated the need for crypto exchanges to register with the agency, while firms argue that current regulations are impractical for the digital asset sector. 🌉 Topic of the Week: What is Bridging? ➡️ Read more hereby GeminiPublished 0
11-Oct-24The recent bullish rejection has left a lot of liquidity pooled below the lower low. I think price will slowly drawn back to this level, with low volatility as we bounce on the demand zones on the way down. I think we will be bullish after a thorough retest.Shortby ThousandDollarBitcoinPublished 0
Early bullcycle almost doneI have no clue what im doing obviously, but doest this look like its close to coming to an end?by product6803Published 110
Bitcoin, 5 waves uphello, it looks like we are now going to make a wave 2. Try to catch thos other 3 waves to the upside. First let the h&s play out.Longby G1D3onnPublished 0
Bitcoin Market Analysis🔍 Current Market Overview: Bitcoin is approaching a critical juncture! 🔥 After the recent movements, we’ve seen a significant bounce 📈 following the completion of a 5-wave impulsive move to the downside. This has been confirmed through bullish divergences across multiple timeframes (4H, 1H, and 15M). The bounce brought us up to the 0.5 Fibonacci retracement level of the last downward move. Now, Bitcoin stands at a crossroads, with two main potential outcomes depending on how the market reacts to these levels. 📊 Main Market Scenarios 1. 🐻 Bearish Scenario: Continuation of Wave 3 The primary scenario, based on the current market structure, suggests that Bitcoin may have completed its corrective bounce and is preparing for the next impulsive wave downward. This could represent the third wave in a larger downtrend, typically a powerful push lower. 📈 Current Pattern: The latest move shows an impulsive, corrective, then impulsive sequence, which could either be an ABC correction or simply the first wave of the third major leg down. 🔹 Target: If this is indeed Wave 3, I expect a pullback to the 0.61-0.65 Fibonacci level, followed by a significant move down towards the 51k-47k range. ⚡ Confirmation: A breakdown below 58.8k will confirm this bearish outlook. ⚠️ Invalidation Level: A move above 64.4k invalidates the bearish case. In that situation, we could enter a larger sideways range. 2. 🐂 Bullish Scenario: ATH Break There is also a bullish scenario, although it's less likely right now. If Bitcoin manages to break above 64.4k, the next potential move could target the 68-69k range. From there, we might see either another leg down or, in the best-case scenario, a breakout towards a new All-Time High (ATH). 🚨 Risk Management: We have clear invalidation and confirmation levels. Proper risk management is crucial to avoid being caught in a choppy market. 🟢 Bullish Case: Breaking the ATH would confirm a strong bullish trend, allowing for smoother trading opportunities rather than getting stuck in a range-bound market on higher timeframes. 💡 Conclusion: The market is in a pivotal zone. Bears have control as long as 58.8k remains a key support. A breakdown would open the door for much lower levels, possibly as low as 47k. However, any move above 64.4k could shift the market into a more neutral to bullish stance, with a possible test of 68-69k. Stay cautious and manage risk accordingly. ⚠️ Disclaimer: 🚫 This is not financial advice. Always trade responsibly and conduct your own research. 🚫by RhinoAkaBearPublished 0
It will be beautifulLet's start saying the obvious: BTC is in Bull. The Bull is strong, and if you are not a trader just hold your bag, you will be rich. For the degens: it could be 40k... Even less... Everything is going to its place, the push is long over, and we are in a somewhat slowly rolling down type of situation. It's one of those time where do not care if the next big moves will be up or down, because either way a big bad crash is bound to happen. So be sharp, be vigilant, and search for the high!!!Shortby JPKDikeUpdated 331