Bitcoin Premium. Confirming our upward trend. 84.000$Our previous deal closed due to a stop loss. However, since our goals remain unchanged, we're re-entering the deal. We observed a fakeout and subsequent rise, confirming our upward trend. Let's ride this wave! 🚀📈
This goal was sent to me by a major player in the game. His insights always hit the mark because his team commands one of the largest capitals in the market! 🌟📈
We're going to start taking liquidity from the top. 📈💰
Friends, this is an extraordinary insider tip, and I urge you to pay attention to it. Keep an eye on this idea. I've decided to share only a few ideas to demonstrate the quality of information I have. Just stay tuned. 🚀🔍
Bitcoinlong
Bitcoin Next Target is Channel TopBitcoin is currently in an Up Trend Continuation after a 0.5 Fibonacci Retracement. The Next Target is Channel Top.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money Worldwide because of my Potential.
Bitcoin CUP and HANDLE pattern ☕️ Buy the dip-Take the sip🤩🤩60000 $ to 61000 $Price Range is quite holding well.
➣ Bitcoin price is forming rounding bottom in the 60k-61k price zone.
➣ While 65000 $ is the major resistance. We may some good action this point. But the Weekly and Daily uptrend is intact which confirming the BUYING sentiment.
➣Accumulate at current market price we may see further upside in coming sessions.
BTCUSD 1H Long Trade - 1:3 RRRSL: 65081.00
TP: 71822.00
In this trading strategy, I present a compelling opportunity for a long position on the BTCUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
A BTC Mining Company that just went public a few months agoIt looks like a BTC mining company that recently went public on the stock market is stocking up. I'm thinking of taking advantage of the potential rebound with a upcoming Bitcoin bullrun surpassing its all-time high sometime between now and the end of the year.
Lets go BTCUSD Bulls. Bullish Wolfewave is confirmed. 70K TargetAs shared previously, we were tracking a Bullish Wolfewave into making and then took a bold move to short while we wait for wave to complete
Here is that trade, which we completed within a week's time
Now this time we are looking to enter the trade and ride or die. Upside is huge, all the way to 70, while downside risk is 2-5k depending upon your risk. Play small, play unleveraged...
Very important EURUSD analysis (Bitcoin is at the beginning)It is worth noting that the euro has been in a major downward trend for over 14 years (5200 days). And it's time to end it.
In 2024-2025, the euro will rise. Possibly also in 2026
Proof of the great rise of Bitcoin, and that something we haven't seen before, something much better, is coming.
For crypto, a weakening dollar is very important.
Bitcoin Leads the Charge: Bullish Signs Emerge Across Crypto MarA wave of optimism is sweeping across the cryptocurrency market, with Bitcoin (BTC) at the forefront. After a period of consolidation, bulls appear to be taking charge, sparking positive momentum not only in Bitcoin but also in altcoins like Solana (SOL) and Fantom (FTM).
Bitcoin's Technical Analysis Hints at Upswing
Technical indicators for Bitcoin are painting a bullish picture. The 20-day exponential moving average (EMA), a key indicator of short-term trends, has begun to turn upwards. This suggests a shift in momentum, with the path of least resistance now favoring an upward price movement.
Further bolstering this bullish sentiment is the Relative Strength Index (RSI). This indicator measures the momentum of price movements and currently sits in positive territory. This indicates that buyers are in control and there's room for further price appreciation.
Breaking Key Resistance Levels
A crucial level to watch for Bitcoin is $68,000. If bulls can successfully push the price above this resistance point, it could trigger a retest of the formidable barrier at $72,000. Reclaiming this level would be a significant victory for Bitcoin bulls, potentially leading to a continuation of the upward trend.
Bears Remain Vigilant
However, the battle lines are not yet definitively drawn. Bears, the market participants who profit from price declines, are not ready to concede defeat. If they can successfully push the price below the 20-day EMA and the broader moving average support levels, it could signal a potential reversal in the current trend. A drop below $60,000 could then be on the cards.
Beyond Bitcoin: Altcoins Join the Bullish Party
The positive sentiment is not limited to Bitcoin. Several altcoins are also exhibiting bullish signs. Here's a closer look at a few:
• Solana (SOL): SOL, known for its blazing-fast transaction speeds and scalability, has been on a tear lately. It's crucial to monitor technical indicators like moving averages and RSI to gauge its specific momentum.
• Fantom (FTM): FTM, a smart contracts platform focused on scalability, has shown promising signs. Tracking its developer activity and ecosystem growth can offer clues about its future trajectory.
A Word of Caution
While the current market sentiment is encouraging, it's vital to remember that the cryptocurrency market remains highly volatile. Investors should conduct thorough research and due diligence before making any investment decisions.
Opportunities and Challenges
The recent bullish signs present both opportunities and challenges for investors. The potential for continued growth across the cryptocurrency market is exciting. However, the ever-present risk of volatility necessitates a cautious and informed approach.
Conclusion
Bitcoin appears to be leading the charge in a potential crypto market upswing. Technical indicators suggest a bullish trend, but resistance levels need to be overcome. Encouragingly, several altcoins are also flashing bullish signs, adding to the overall optimism. As always, investors should approach the market with caution and conduct their own research before making any investment decisions.
From Inception to Present: Our Crypto Model's Trades to DateIntroduction
In this idea, we'll analyze the performance of our crypto trend model by breaking down each individual trade made since it went live on 27th July 2023 . We'll delve into key market events that occurred around these trades and the run-up gains or drawdown avoidance achieved by the model.
Trade Breakdown
Short Signal - July 27, 2023
Trade Outcome :
Date : July 27, 2023
Signal : Short📉
Market Context :
Event : In July 2023, Bitcoin faced a significant resistance around $30K, leading to a sharp rejection and subsequent price drop. This resistance level was critical, and the rejection marked the start of a downturn.
Performance : The short signal successfully captured the decline, gaining almost 15% at it's climax on just Bitcoin alone. The model's entry just before the major resistance test was well-timed.
Long Signal - September 19, 2023
Trade Outcome :
Date : September 19, 2023
Signal : Long📈
Market Context :
Event : By mid-September, Bitcoin found solid support around $25,000 after a volatile summer. This support level triggered a significant bounce, making it a prime entry point for a long position.
Performance : The long signal capitalized on the bounce from $25,000, leading to a max run-up of 80% as Bitcoin rallied. Holding positions on altcoins in confluence with this signal would have likely yielded at least twice of what was gained on Bitcoin.
Cash Signal - January 15, 2024
Trade Outcome :
Date : January 15, 2024
Signal : Cash💰
Market Context :
Event : Early January saw a recovery in Bitcoin prices driven by positive macroeconomic signals, such as slowing inflation. However, regulatory pressures and market volatility prompted caution. This pullback was also likely due to the Bitcoin ETFs Launch having a "sell the news" narrative.
Performance : The cash signal helped avoid drawdowns of up to -10.61% and even more on altcoins during a period of increased market uncertainty and regulatory challenges.
Long Signal - January 30, 2024
Trade Outcome :
Date : January 30, 2024
Signal : Long📈
Market Context :
Event :The approval of Bitcoin spot ETFs in January 2024 significantly boosted market sentiment. This approval was a pivotal event, sparking a bullish trend right after a small retracement.
Performance : The long signal leveraged the positive sentiment and regulatory clarity, benefiting from the ensuing price surge and experiencing a max run-up of almost 72% on Bitcoin.
Cash Signal - April 13, 2024
Trade Outcome :
Date : April 13, 2024
Signal : Cash💰
Market Context :
Event :April 2024 witnessed mixed signals with regulatory updates and market corrections. The Financial Stability Board's new regulatory framework added to the cautious market sentiment. And with added FUD coming from Iran's attacks on Israel, the prices of not just crypto but other assets such as stocks started to tumble.
Performance : The cash signal once again helped sidestep market turbulence, preserving gains from earlier trades, essentially avoiding up to -11.51% of drawdowns.
Long Signal - May 17, 2024
Trade Outcome :
Date : May 17, 2024
Signal : Long📈
Market Context :
Event :As of May 2024, the crypto market showed resilience with new institutional interest and advancements in blockchain technology. This renewed interest provided a solid foundation and confluence for a long position
Performance : As the signal came in just 3 days ago as of writing, we will update on the performance of this signal at a later date.
Conclusion
The crypto trend model demonstrated robust performance by effectively navigating through various market conditions and key events. Each and every trade has been overwhelmingly successful, and the model's signals is expected to continue capitalizing on gains and avoid major drawdowns in the future.
Stay tuned for more updates and detailed analyses on our crypto trend model's performance.
BTC 24-Hour Upside Potential The 11 spot Bitcoin exchange traded funds (ETFs) approved in the US four months ago posted five days of consecutive inflows last week. Net inflows into the competing ETFs issued in Hong Kong three weeks ago have, however, been below expectations – a mere $228 million. In comparison, the US ETFs recorded inflows of $221 million on Friday, May 17, alone.
The above-mentioned ETFs, with the exclusion of the decade old AMEX:GBTC (Grayscale’s Bitcoin trust that converted into an ETF) now hold 2.78 percent of Bitcoin’s current supply in circulation, Bitcoin.com reports. They together hold 548,557 Bitcoins.
“Bitcoin’s institutional adoption is happening now,” Anthony Scaramucci, SkyBridge Capital’s founder told CNBC last week. He was Donald Trump’s spokesman for a short time during his presidency.
A bullish sun shines over Bitcoin in the next 24 hours and one week horizon, signaling upside potential.
Follow us for more crypto news and weather updates!
Swing & Day Trading Bitcoin LongsBitcoin is the cleanest uptrend of my watchlist right now. I'm looking to buy any weakness to $65,000. Daily RSI Crossover indicates we could be at the start of another bullish "cycle" providing a good risk reward opportunity. I'm preparing to execute aggressively if conditions require.
Daily closes below $65,000 or sustained movement below $63,000 would invalidate this setup.
Any trades upcoming this week will be posted below. Likes and Follows are appreciated
Bitcoin Range Theory - BTC thoughtsIf BTC rejects from range high here, it is plausible to look for lower time frame logical structural longs from the daily fvg level indicated. Mondays high could get retested as well so this is confluence to that point of interest.
There is the chance that pull back never occurs. If the supply above range high is flipped then I am looking to get a nice continuation long off range high. Nothing is stopping price from moving up until at least 70.5k (imo)
[BTCUSD] - the most important resistance in 1D chartin 1D chart BTC is still consolidating in falling wedge pattern...breaking out the upper side make btc trading above the green rectangular and it's just a matter of time to habben.
Green rectangular is a most important zone in this chart...it represents
a neck line of the inverse H&S pattern , 0.5 fib level , POC line , 50EMA
4 massive resistance in daily chart gathering in one area.
JUST IMAGINE THAT BTC BROKEN THE GREEN RECTANGULAR
AND TRADING ABOVE?
stay alert... every time BTC get bullish it make fools of all bearish and make everyone buying too late.
appreciating ur supporting with "like" and press "follow" for more updates, ideas🎯
BTC will see 100$#BTC has started an uptrend since 16oct2023 (30 weeks ago) and then reached an all-time high in 2024, as values exceeded over 73,000 USD in March 2024 . when Israel bombed Iran's consulate , tensions escalated and risky assets like BTC dropped , on the other hand safe assets like gold rose . after that , BTC retraced and found support the 38.2 Fibo level ( while tensions eased ) and now on weeky timeframe we see a pin bar and a strong bullish candle which is a sign that BTC continues uptrend ; but we should wait until Monday and see if last weekly candle would remain strong or not .
if so , we would take profit at 161.8% (Fibo ext) level and 102.300$ or you can exit safely and earlier on 100$ .
Bitcoin Bounces Back: Eyes on $74,000 After May 16 Surge
Bitcoin (BTC) surprised many on May 16th with a sudden surge that brought its price close to $66,000. This bullish move followed a period of consolidation and came amidst a broader risk-asset rally triggered by positive economic data from the United States. While some analysts remain cautious, others see this jump as a potential springboard for further gains, with some even predicting a push towards $74,000.
Positive Macro Data Fuels Risk-On Sentiment
The key factor behind Bitcoin's recent price increase seems to be a shift in investor sentiment. The release of positive economic data from the U.S., indicating continued economic growth, sparked a risk-on environment across the markets. This meant investors were more willing to invest in riskier assets like Bitcoin, leading to the sudden price jump.
Bitcoin Price Analysis: A Bullish Case
Technical analysts are now scrutinizing the recent Bitcoin price action. The successful break above the $62,000 resistance level is a bullish signal, suggesting a potential continuation of the uptrend. Additionally, some analysts point to the fact that Bitcoin is currently trading above its 50-day and 200-day moving averages, further bolstering the bullish case.
This positive sentiment is echoed by some prominent figures in the cryptocurrency space. Predictions are circulating that Bitcoin could reach $74,000 in the near future, with some even suggesting a potential price discovery phase beyond that.
Doubts and Uncertainties Remain
Despite the current optimism, some analysts remain cautious. The swiftness of the recent price increase has raised concerns about a potential correction. A pullback could occur if investors decide to take profits or if there's a sudden shift in market sentiment.
Furthermore, the broader economic climate remains uncertain. Rising inflation and potential interest rate hikes by the Federal Reserve could dampen investor enthusiasm for riskier assets like Bitcoin.
Focus on Key Resistance Levels
The coming days will be crucial for Bitcoin's price trajectory. If BTC can hold onto its gains above $62,000, it could pave the way for a test of the $68,000 resistance level. A decisive break above this level would significantly strengthen the bullish case and increase the possibility of reaching the much-anticipated $74,000 target.
Long-Term Outlook: Still Bullish?
While the short-term outlook for Bitcoin is uncertain, many analysts remain optimistic about the long-term prospects. The upcoming Bitcoin halving event in 2024, which will significantly reduce the number of new Bitcoins entering circulation, is expected to put upward pressure on the price in the long run.
Furthermore, the increasing institutional adoption of Bitcoin continues to be a positive sign for its future. As more major financial institutions embrace Bitcoin, it could lead to increased demand and price appreciation.
Conclusion: A Balancing Act for Bitcoin
Bitcoin's recent surge is a positive development, but it's important to acknowledge the remaining uncertainties. The price will likely continue to be influenced by a combination of factors, including macroeconomic data, investor sentiment, and technical indicators.
While some analysts predict a price discovery phase beyond $74,000, others remain cautious about the possibility of a correction. Close attention should be paid to how Bitcoin behaves in the coming days, particularly its ability to hold onto its gains and potentially overcome the key resistance levels.
Ultimately, whether Bitcoin can maintain its upward momentum and reach new highs will depend on how these various factors play out in the near future.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.
BTC upside potential for the next 24 hours and one week ☀️Hundreds of firms disclosed investments in the spot Bitcoin ETFs
With the first quarter earnings season coming to an end and the deadline for regulatory filings expiring, a slew of financial institutions have disclosed their equity and crypto holdings. Interest in the 11 exchange traded funds (ETFs) approved by the Securities and Exchange Commission (SEC) was high.
At least 317 firms have disclosed investments in BlackRock’s NASDAQ:IBIT ETF, and at least 502 firms have disclosed investments in AMEX:GBTC , Grayscale’s Bitcoin trust that was converted into an ETF, CryptoSlate reports citing Fintel data.
Bitcoin rallied to a three-week high above $66,000, Trading View’s Bitcoin chart shows. The sharp upturn triggered the liquidation short positions exceeding $100 million. The price of Bitcoin climbed 5.83 percent to $66,327 over the past 24 hours.
ATTMO forecasts bullish sun to shine over Bitcoin in the next 24 hours, indicating upside potential. This bullish trading mood is set to continue across the board over a one-week time horizon.
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Bitcoin - The halving breakout!Hello Traders and Investors, today I will take a look at Bitcoin.
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Explanation of my video analysis:
On the Bitcoin chart there are actually only three lines which you need to draw: First you have a horizontal structure at $16.000 which Bitcoin perfectly broke towards the upside with the last cycle in 2020. Furthermore Bitcoin is creating an ascending trendline - always rejecting towards the upside - and there is also a horizontal structure at the $67.000 level. Just don't get caught up in the short term moves.
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Keep your long term vision,
Philip (BasicTrading)
Bitcoin & Ethereum - Market Thought
Just checked BTC and ETH again and escpecially ETH is playing out like wanted. The strenght over the last days was nothing not to note but we said it in our last report, we need to flip 64,2k on BTC and 3200$ on ETH to remain bullish in the long term. On BTC we are back to exactly 64,2k where we rejected multiple times now throughout the last weeks and on ETH we got the current quartarly VWAP coming in our way. There should come a correction of the past surge in the coming days but how far? Either we are coming down on BTC 62,7k, ~60k or even a new lower low to 55k. It is all not of the table so be cautios and always trade with stop losses if you are trading with leverage.
A possible setup for BTC could be another drop into the 2H FVG and than a push upwards to the current level, this idea would be much stronger if we are getting a candle break over 64,3k else we could be witnessing the same sell off as the last time we tried to break this level and ended as an SFP. Moreover we are being slightly oversold in the RSI and on the edge of our monday high range, the coming days could get interesting
Bitcoin May 2023 Forecast - 12 Months of AccumulationThe chart is telling me that we could see the next 6-9 months slowly grind lower as the global economy enters recession. This will be a great opportunity to scale into long positions slowly for Bitcoin as we gear up for 2024-2025 bull run. If you can get an average price between FWB:21K - FWB:25K you will be nice and cozy in your position for the next two years. Upside target is between $100K-$250K for this next bull run. Please manage your risk carefully as this is truly the only thing that you can control.
Best of luck.
Blorenz
BTCUSDT As you can see that btc on daily has made LL and LH again LL and LH and is now above its support , we have 2h support as mentioned in above picture,
we have 3 probabilities;
probability 1;if on daily btc closes above 64150 level , then we will wait for a retest again to 64k and can open a long/buy there which i think has minimal chances
be cautious and don`t fight the trend
Probabilty 2; on bearish side
if we close below 60K on daily then we can play it in two ways;
1. close below 60K and touches 56300, we can buy/long and target will be 60k atleast
2. close below 60K and daily previous lows break too, then most probably we can see BTC coming to 52300 and then range formation , targeting again previous support (which will be resistance then) can be targeted which is 60300 and 64k