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BTC-M

Is BTC Headed to 2019 Bear Market Lows - SHORT -85%?In this video analysis, we dive deep into the current state of Bitcoin's price action. We'll explore the critical M formation that emerged in June 2021 and how Bitcoin is currently resisting its lower boundary. We'll also discuss the ongoing corrective b-wave within the larger wave C, examining potential upside targets. Join us as we analyze key support and resistance levels, Fibonacci retracements, and Elliott Wave Theory to provide insights into where Bitcoin might be headed next. Our target zone of interest? The 2019 bear market lows, situated between $3,000 and $4,900, which aligns with the 1.618 to 1.272 Fibonacci levels of the preceding wave a. Stay ahead of the cryptocurrency market trends with our in-depth technical analysis. Don't miss this opportunity to gain a comprehensive understanding of Bitcoin's potential price movements and make informed trading decisions.
COINBASE:BTCUSD
by joshuashepherd877
Bitcoin: Thoughts and AnalysisToday's focus: Bitcoin Pattern – Range test Support – 25,600 – 25,280 Resistance – 26,080 – 27,630 Today, we have run over Bitcoin. We have broken down current price action with our thoughts on what we see over the longer-term and short-term price structure. Sellers continue to push at buyers in the short term after buyers made a quick push higher last week, and industry news continues to dominate momentum, with the USD not having such a big impact at present. Will we see buyers continue to hold consolidation and support, or could we see a new move by sellers making a new test lower? Have a great day and good trading.
EIGHTCAP:BTCUSD
by Eightcap
BTC Bitcoin Technical Analysis and Trade IdeaBitcoin is presently positioned within critical daily, weekly, and monthly price levels. An evident trend on the chart indicates that Bitcoin has been subjected to significant bearish pressure, prompting us to consider the potential for a selling opportunity. Nevertheless, there are noteworthy chart elements that demand our careful scrutiny, and these have been thoroughly examined in the accompanying video. In the video presentation, we conduct a comprehensive analysis of the prevailing trend, price fluctuations, market structure, and other essential facets of technical analysis. It is worth reiterating that our video provides lucid explanations, but it is imperative to underscore that the information presented should not be misconstrued as financial advice.
OANDA:BTCUSDShort
by tradingwithanthony
10
BTC Bitcoin Update Technical Analysis and Trade IdeaIt's evident that Bitcoin has been consolidating over a period, establishing substantial liquidity both above and below the current range. The recent sharp downward movement has captured my focus. In the video, we examine a potential trading concept contingent upon the unfolding of specific price action scenarios. We delve into the prevailing trend, price action dynamics, market framework, imbalances, liquidity considerations, and various vital components of technical analysis. Just as usual, all details are thoroughly elucidated in the video; however, it's important to emphasize that this content should not be interpreted as financial counsel.
OANDA:BTCUSDLong
by tradingwithanthony
13
Tuesday, August 22 Market Update - BTC, ETH, DXY, SPX, NQGeneral Market update focusing on Bitcoin. Bitcoin breakdown is still not being supported with significant spot buying as the March dump was, overall volume is low. ETH looks much worse however has the ability to gain some local levels and move higher. Both BTC and ETH are ranging and building liquidity. The SP500 and the Nasdaq are still rallying and have the ability to regain significant levels, however, higher timeframe they are both overdue for a retracement. Locally they are having an upside bounce but generally and higher timeframe they are still having a retracement. The Dollar Currency Index is still strong continuing it's rally from mid July. the DXY is generally looked at as having inverse correlation to TradFi and Crypto with both experiencing highs as DXY made its mid July lows. The DXY is currently at resistance from the Yearly Open and any gain of that could indicate further downside.
by TrendmasterOfficial
BTC BITCOIN Technical Analysis and Trade Idea UpdateWe can clearly see that BTC has reached a crucial support level accompanied by a slight retracement. While the prevailing trend leans heavily towards bearishness, a pivotal question arises – to what extent will Bitcoin retrace, offering us a potential entry opportunity? The video content delves into various aspects of technical analysis, encompassing elements like the trend, price action,, market structure, and more. It's vital to underline that the video expounds on these factors, and it's important not to misconstrue this content as financial advice.
BINANCE:BTCUSDShort
by tradingwithanthony
Elon's Bitcoin Crash, Spy Bounce Coming, Crypto Longs, and More!Traders, What an unexpected set of events in the crypto world! At least from my perspective. We are going to discuss what just happened with the Bitcoin crash, where we now stand from a price perspective, and what needs to happen for us to recover again. We'll also be discussing the usuals. I think I have found a target bottom for the SPY? If I am right and the market bounces a bit, this should also help out crypto. Timestamps are provided below: 00:00 - Intro 06:45 - Dollar 09:45 - VIX 10:15 - SPY 13:45 - KRE (Regional Banks) 14:39 - Bitcoin 20:00 - All of my recent trades including: stop outs, re-entry prices, what my targets will be, what my new stop outs will be, and why I am still long all trades. Unfortunately, Tradingview limits the time of these videos to 20 minutes. Apologies to my TV friends. Best, Stew
INDEX:BTCUSDLong
by stewdamus
1
TOTAL & BTC: Guide to Trend Line AnalysisHi Traders, Investors and Speculators of Charts📈📉 One of the most important parts of trading is following the macro phase and planning your trades. The only way to do this, is to pre-identify the macro market cycle that's currently playing out, as well as determine key zones of support and resistance. You do this by drawing up trend lines on the chart, from a macro perspective. Here's a comprehensive Guide to Elliot Wave Theory, done on ETH : To summarize if you're short on time, Elliot wave identifies upward and downward phases during an overall bullish or bearish cycle. Wave 1-2 can often correct a near 50% from starting point of wave 0-1. This means the price can drop -50%, and you would still be in a bullish cycle . Now that we've discussed Elliot waves, we can also take a quick look at Wyckoff Method for BTC, which I did over here: In other words, don't be scared of corrections! Wait and plan your trade. There's no need to force a trade. If you have identified your support and resistance zones with diagonal and horizontal trend lines, you can wait for the price to reach your target and execute a brilliant trade with a great risk-reward setup.
CRYPTOCAP:TOTAL
by CryptoCheck-
31
BTC Bitcoin Technical Analysis and Trade IdeaBitcoin has reached a crucial support level after a decline in bullish momentum. The price has become significantly overextended, leading to the question of whether we can expect more downward movement or a substantial retracement. In the video, we delve into the trend, price action, market structure, imbalances, and other essential aspects of technical analysis. As always, the video provides a detailed explanation of everything discussed, and it's important to note that this content should not be interpreted as financial advice.
Editors' picks
OANDA:BTCUSD
by tradingwithanthony
45
Powerful Sell Alerts on BTC/ETH/SPY ! Buy alerts on USD and % !Have to be extremely careful of alt bags if BTC and Eth are as bearish as they are BTC is the sun to the space and when it falls hard the rest will follow harder. This means that we can lose 20% - 50% - 80% value in alts fast esp the low cap high risk alts. These alerts can quickly change and new data needs to be reacted upon so have to stay up to date This can mean that current candle printing may print and unprint esp on timeframes such as the monthly when its only half way thru the month.. all we have to go off is the current data and currently that is looking bearish for btc/eth/spy and bullish for usd/yields.' If btc is the sun of the crypto space then US gov yields are the sun to the finance space With the USD and Yields close to breaking out then this is another sign of weariness to risk positions esp low cap altcoins as a the height of risky positions. Admiral Ackbar told me its a trap look These breakouts in DXY and Yields can be a trap in which price goes just above piercing resistance only to fail.. and failed moves move fast. That would be a trap but it is speculation until more confirmed data comes in. Follow and click the link in tradingview to keep up to date with the data Cheers !
TVC:US10YShort
by SoftQuant
10