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BTC: Preparing for a 12% Rally!Hello traders, I hope you all are doing well. In our previous BTC update, we mentioned the rejection of BTC due to the RSI losing momentum. The price dropped 11% and currently holds at an important support range between $57.7k and $58.3k. With the current price at $59.1k and the RSI gaining bullish momentum, BTC is expected to rally 10%-12%. However, if BTC closes below the blue support box, it will invalidate the rally and likely experience a further drop. Entry: $57.7k to CMP. Stop loss: $57.2k. Leverage: 10x-20x. Target: 10%-12%. Make sure you do your own research and analysis before investing. Trade safely. Regards, Team Dexter.
Long
by Dexter_The_Trader
2
#Bitcoin 1D chart updated#Bitcoin 1D chart; Bitcoin is likely to touch the upper red trend line in the short term. Let me explain why I think so, based purely on technique, far from the < emotional thinking > that I always underline, so that it is not in the air; < ChoCh > is also known as a trend direction change. The fact that it broke the uptrend with a hard momentum candle and then unwound to the IMB area in this region, where it can hold for now, reveals this possibility. However The levels indicated by the orange circles are critical. The orange circle on the left is the highest peak of the previous month. Naturally, it is the first important hurdle to cross for now. This is the 70k level . If a close above it comes, then we can talk about bullishness. For now, we can state that no chart based on rockets and flames has any basis in reality, as we have no data to suggest that it can break here hard. What happened at the previous highs? Not only were the highs not broken, but the downtrend line (red) also worked as resistance. There is no reason why the same scenario cannot work again (for now). Of course, it should not fall below the IMB level first. If this happens, the previous monthly low below will be tested.
by ugurtash
Another perspective on Bitcoin?#Bitcoin 1D chart; Many of you may not like reading. But I think it's worth reading if, like me, you are always looking for different perspectives on Bitcoin. A completely simple Bitcoin chart. The yellow vertical lines are from the Halving periods. The Blue vertical lines next to them indicate the 500 days before the Halving and the Green vertical lines indicate the 500 days after the Halving. Let's try to interpret all this; What was Halving meaning? It shows the halving events that occur on the Bitcoin network. Halving is a process that occurs approximately every 4 years, where block rewards are halved. This event slows down Bitcoin's supply growth and often has significant effects on the price. After the 2020 Halving period, we see the start of the bull run. But before that, from 500 days ago to the Halving period, there was only a 5% drop . In total, it showed an upward performance of 291% . In the 500 days after the Halving, we see that it reached its historical peak at that time with a total increase of 660% . Let me share this information for those who are curious; The level exactly 500 days after the 2020 Halving corresponds to a rise of 426% . Let's look at today's values; From its level 500 days before the 2024 Halving period, we see that Bitcoin has only experienced a 5% drop, just like the previous one. Are you thinking what I'm thinking? It makes sense to start buying Bitcoin exactly 500 days before the Halving date, right? I don't see why not. So when is the next Halving? What is the date 500 days before? Well, nobody knows that yet. Because it depends on the speed at which Bitcoin blocks are created, but it usually happens every 210,000 blocks . Assuming it's sometime in May-June 2028, that would put it between December 2026 and January 2027. When that date approaches, we will bring up this graph again and revise our predictions. Don't forget to save this post for that. Now... Although it is difficult to comment on how much Bitcoin testing the ATH level and making a new peak before the Halving due to ETF news will change this statistic, I think it would not be wrong to say that the endless declines since the peak are related to this. While Bitcoin has not yet seen a new peak after the 2024 Halving, it has only risen by 10%. What is the 500th day after the 2024 Halving? September 1, 2025 As seen last time, on the eve of the 500th day after the Halving, Bitcoin saw a new high and fell sharply from there. It then continued to rise and made another new high. So day 500 is just before the second new high, as you can see on the chart. So if something like this happens in the next cycle, is your psychology ready for it? Can you wait that long? Or would you wait? Let's meet in the comments... By the way, if you like my article, I would appreciate if you can like and share it to support me.
by ugurtash
BTC BITCOIN Technical Analysis and Trade Idea👀👉 I'm keeping a close eye on BTC right now. We’re seeing a market structure break with a higher high on the chart, along with the potential formation of a base that could lead to further upward movement. If market conditions align as discussed in the video, I'll be considering a buying opportunity. This analysis focuses on key aspects of technical analysis, such as trend identification, price action, and market structure. We’ll also discuss a potential trade setup and examine strategies that could increase the chances of success. Please keep in mind that this analysis is for educational purposes only and should not be taken as financial advice. The observations are speculative and do not guarantee future market outcomes. It’s important to verify current price actions before making any trading decisions. This presentation provides a comprehensive review of the current trend, market structure, and price dynamics. However, it's important to recognize that while the information is educational, it does not guarantee trading success. Trading in the foreign exchange market carries significant risks, and we strongly advise using sound risk management techniques in all your trades. We encourage you to do thorough research and carefully consider all factors before making any trading decisions. Stay informed, exercise caution, and approach the markets with a well-thought-out strategy. 📊✅
FOREXCOM:BTCUSDLong
by fxtraderanthony
Bitcoin respecting the 2 key moves very well ! This week, the price performed very well according to the analysis we did last week. The two key levels have been taking a very positive effect for Bitcoin's next surge. As we can see in the chart, Bitcoin broke through our inefficiency zone with great strength, creating a volumetric bullish candle. This is a very positive pattern, as in the last two days, it has remained in the key confirmation zone which I mentioned in my last Bitcoin analysis. As we can see, Bitcoin is still in a range, but it is recovering little by little. The best part is that Bitcoin is following the exact movement we have been predicting since we started this analysis several weeks ago. Looking at volume, buying pressure, and the overall structure, starting Monday, we could see Bitcoin make a strong bullish move. But note this: the price has not yet broken through my confirmation zone #2 or the green zone, so it could stay there for a few days before we see a strong upward trend. Best regards, and thank you for supporting my analysis, we are doing very well!
COINBASE:BTCUSDLong
by RocketMike111
Crypto and Bitcoin Market Update - Price Forecasts and MoreIn this video, I cover where I think the markets go next, including Bitcoin, ETH and Solana. And how the NASDAQ:IBIT has become similar to the !CME in terms of how price tends to fill any gaps. Nobody else is talking about this, but see for yourself and start tracking the IBIT gaps on a 4 Hour chart -- You'll be amazed. I also share potential paths, likely a dip first, then push higher toward ATH. And a new study I've been refining based on liquidity and timing cycles, showing we're very close to a major move upward in Bitcoin and the rest of the market. Howerver, I feel the biggest bang for your $ will be BTC, SOL, and ETH from here. Let me know what you think, and please like the video.
COINBASE:ETHUSDShort
by BrettFogle
9
BTC: Aims for $69k!BTC Update: BTC has reached the expected target range of $61k in the lower timeframe. The higher timeframe for BTC appears positive and could rally as high as $69k in the coming days. In the past, whenever BTC hit the descending support trendline, it bounced back by 20% or more. A couple of weeks ago, BTC dropped as low as GETTEX:49K but managed to maintain the daily close at the support trendline. The price has bounced back and may continue to rise. The lower support for BTC remains unchanged. I hope this update was helpful. Make sure you do your own research before investing. Trade safely."
Long
by Dexter_The_Trader
2
Bitcoin miners could be making $14 billion annually via AI Bitcoin miners have a shot at pulling in an extra $14 billion every year by 2027, but not by sticking to just mining Bitcoin. The real money could be in feeding energy to AI and high-performance computing (HPC). According to VanEck, these miners have the power AI companies desperately need, and the potential profits are massive. With AI demand for energy skyrocketing, miners could be sitting on a goldmine—if they play their cards right. VanEck sees a big arbitrage opportunity here—basically, Bitcoin miners could be undervalued when you consider their potential role in the AI sector.
BINANCE:BTCUSDShort
by ShumbaFx07
Bitcoin's Wobbly Recovery: Death Cross Looms LargeBitcoin (BTC) has experienced a rollercoaster ride in recent days, with a 4% price rebound following a sharp decline that sent shivers down the spines of investors. The digital currency's volatility has been exacerbated by the ominous specter of a "triple death cross," a technical indicator that often precedes significant price drops. The triple death cross occurs when three key moving averages converge, signaling a bearish trend. While not a definitive predictor of market movements, it has historically been associated with downturns. This technical pattern, coupled with negative funding rates and a general risk-off sentiment among traders, has fueled concerns about a potential plunge below the critical $50,000 level. Funding rates, a measure of market sentiment, have dipped into negative territory, indicating that traders are increasingly bearish on Bitcoin's short-term prospects. This pessimism is likely influenced by a combination of factors, including macroeconomic uncertainties, regulatory concerns, and the overall crypto market's volatility. Despite the recent price recovery, Bitcoin's inability to capitalize on positive news, such as strong economic data, has raised eyebrows among analysts. Some experts believe that the cryptocurrency's underperformance compared to other assets like gold highlights a broader loss of investor confidence. However, not all analysts are convinced that a catastrophic price drop is imminent. Some point to Bitcoin's historical resilience and argue that the current weakness could be a buying opportunity for long-term investors. They emphasize the importance of maintaining a long-term perspective and avoiding panic-selling. As the crypto market remains highly volatile, traders and investors alike are closely monitoring Bitcoin's price movements. The formation of the triple death cross and the accompanying negative sentiment have undoubtedly created a challenging environment, but the ultimate direction of Bitcoin's price remains uncertain. Only time will tell whether the digital currency can weather the storm and resume its upward trajectory or if it will succumb to the bearish pressures and plunge below the crucial $50,000 support level. Disclaimer: This article is for informational purposes only and does not constitute financial advice. It is essential to conduct thorough research or consult with a financial advisor before making investment decisions.
BITSTAMP:BTCUSDShort
by bryandowningqln
6