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Btcusdtlong

BTCUSD 4H :Waiting for breach the resistance and then will rise BTCUSD New forecast The prices of the digital currency "Bitcoin" fell during trading on Tuesday, continuing its losses for the second day in a row, as part of the settlement operations associated with monthly transactions. As the largest cryptocurrency in the world is close to achieving its largest monthly gain since last January, thanks to positive news related to Bitcoin investment funds in the United States. Technical abstract : The price of Bitcoin (BTCUSD) continues to fluctuate within the ascending triangle flag, and we are waiting for the resistance of this pattern to be breached at 35048 to obtain a positive incentive that pushes the price to continue the upward trend during the coming sessions, remembering that the next target extends to 35754 and extend to 37000. Therefore, the upward trend will be remain valid and effective supported by moving average 50 that is continue to support the price at the bullish waves so we will continue to favor the upward trend for the coming period, provided that the price maintains its stability above the 33020 level. The expect range trading for today will be between resistance line 35754 and support line 33022. support line : 33022 , 31044 resistance line : 35048 , 37000 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
EIGHTCAP:BTCUSDLong
by Arazmajeed
15
BTC will continue to increase stronglyBitcoin ETFs give investors access to the world's largest cryptocurrency without having to hold the assets themselves. Instead, you can buy stocks backed by Bitcoin purchased from the issuer. Seifert pointed out another caveat. Even if the SEC were to approve a rule change to allow ETF trading, it would be completely separate from approval of a fund's registration statement. Both applications must be approved for the pending Bitcoin ETF to begin trading Although it may take months for a Bitcoin ETF to start trading, recent price gains prove that investors are optimistic about this event. BTC rose more than 20% in October thanks to hopes that the long-awaited approval of the Bitcoin Spot ETF may finally materialize. A person familiar with Grayscale's efforts to convert GBTC into a Bitcoin ETF said yesterday that the company is actively discussing the application with the SEC. But a potential Bitcoin Spot ETF isn't just about increasing BTC prices.
BITSTAMP:BTCUSDLong
by AstronautPioneer
1
BTCUSD: November 9 Technical Analysis of BTCThe rise in Bitcoin (BTC) has paused at $36,000, but bulls are not in a hurry to cash in. The number of long-term holders (addresses holding Bitcoin for at least 155 days) is close to an all-time high, while the number of short-term holders (addresses holding coins for less than 155 days) is currently at an all-time low, according to Glassnode analysis, indicating that the supply of Bitcoin is getting tighter. Although the long term appears promising, there may be difficulties in the near future. The open interest in the Bitcoin futures market has increased significantly, surpassing $16 billion as of this writing, based on statistics from CoinGlass. Contributor J.A. Maartunn of the on-chain analytics tool CryptoQuant emphasized on While the price of Bitcoin could drop
BINANCE:BTCUSDLong
by Chart_MasterPro
Bitcoin Update 08.11.2023Analyzing BINANCE:BTCUSDT on a weekly basis is currently one of the simplest but also most effective tasks. This is because Bitcoin generally only fluctuates between support and resistance. In addition, it is fully compatible with the Fibonacci correction. Therefore, I can easily determine how far it will run. The fact that INDEX:BTCUSD has not made a significant movement for 1 week shows us that it will not end its 4-week run before hitting the $38 thousand level. But I cannot recommend anyone to buy here and this is definitely not a buying signal. Because one way or another, this short-term run has come to an end and therefore I am expecting a correction. When I applied a Fibonacci tool to see how far the correction would be, the level I saw was around $31k. This level is both an important support according to price action and the Fibonacci 0.5 level. It should not be forgotten that Bitcoin likes 0.5 much more than Fiboncci 0.618, especially in the weekly time interval. Therefore, I think it will return to the FWB:31K level after the $38k resistance is tested. This level will be a great buying opportunity for me. The FWB:31K level is also the follow-up level of the upward trend that has been continuing since the beginning of 2023. Therefore, a return from this level will also be an indicator that the trend continues. After buying at FWB:31K , my first target will be the $47200 level. I will not try to teach investment strategy to anyone here, but selling at resistances and collecting at supports is my own strategy and is suitable for my risk management.
INDEX:BTCUSD
by YavuzAkbay
BTC 4HR Analysis - Bull Channel Breakout to Weekly ResistanceBTC/USD broke out of the previous trading range to $35,000 and has been in a bull channel continuation pattern since. Just above this bull channel is the weekly bull channel resistance which happens to be a perfect measured move setup from the previous breakout level. The probability is in favor of a breakout to the upside to at least touch the Weekly channel resistance at $37,500. If the price span of the channel is the measurement of the move above the channel, we could see just above $38,000. Key Points: 1. Bull Breakout from the previous trading range 2. Bull Channel Continuation Pattern is playing out 3. Price is near Weekly Channel Resistance just above the bull channel 4. Gap to fill to the Weekly resistance with a Measured Move 5. RSI has Room to Move Up As always, trade at your own risk, you are responsible for your trades. I hope this analysis was insightful and useful. Trade wisely and let us know what you think in the comment section below!
INDEX:BTCUSDLong
by TraderEngineering
1
BTC - THIS Last happened in 2019 📈Hi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. A quick look at the BTC chart from short term and macro term perspective. In the 4h we see a flag pattern, and in the weekly chart we see a significant event that last happened in June 2019, which was the opening moments to the previous ATH. From a technical indicator analysis and BTC chart analysis (short and macro), it seems as though BTC is very well on it's way to a new ATH. Remember, support and resistance zones are great to watch for possible long and short opportunities during brief pullbacks! _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:BTCUSDT BITSTAMP:BTCUSD
BITSTAMP:BTCUSDLong
by CryptoCheck-
22
BTC - Short-term Long ideaEasy to see that BTC is running in an Ellitot-wave triangle pattern. We need to wait the wave E finish before making a long order. There are 2 ways to make the order here. Risky way: Make the order when the price hits the support on the chart. I would like to set the stop loss at around 33200 (under wave A) and move it to 33350 (under wave C) when the price shows signals to increase from the support. Less risky way: Only make a long when the price over the peak of wave D at around 33852 and set stop loss at the price under wave E. The target to close the position is around 35600. Good luck!
Long
by JT892
Bitcoin continues to set new highs above the $35,500 threshold iU.S. stocks performed well on Wednesday, recovering for the first time in three months after the Federal Reserve kept interest rates unchanged for a second day in a row. The move has investors believing the central bank will not adjust interest rates for the rest of the year. At the close of trading, the Dow Jones Industrial Average rose 221.71 points (equivalent to 0.67%) to 33,274.58 points. The S&P 500 rose 1.05% to 4,237.86 points, briefly above its 200-day moving average. The Nasdaq Composite Index rose 1.64% to 13,061.47 points. Information technology stocks rose sharply, rising about 2%. In particular, the stock prices of semiconductor companies such as Advanced Micro Devices and Micron Technology rose 9.7% and 3.8%, respectively. Nvidia stock also rose more than 3%. As expected, the Fed kept interest rates unchanged at a range of 5.25% to 5.5%. In previous comments, the Fed said the economy was growing at a "solid pace."
CRYPTO:BTCUSDLong
by Chart_MasterPro
BTCUSDT - H4BTCUSDT H4 - The price has formed a triangular formation when it breaks through/fixes the level; we can consider continuing the upward movement. Targets 38700.00 What can you expect? If successfully fixed to the trend line, you can consider entering from the nearest levels of 34766.00 with a small risk on the idea with a target of 37387.22 It is better not to take increased risks. The price may also correct after a noticeable impulse on D1. Cancel the idea when 33798 - 33061 is broken. Long Targets 35705.93 - 36604.55 - 37387.22 - 38700.00
Long
by Trade_Hive_Signals
#BTC/USD $42k by Dec 2023, Here's Why!! 🚀#Bitcoin Roadmap to $42,000 till December $2023!🚀 Let's consider two potential scenarios for Bitcoin's path until December 2023: 1. Bitcoin might drop to the lower $30ks and then experience a quick recovery to the $37k - FWB:42K range. 2. Alternatively, Bitcoin could surge to $37k and then retrace to the lower $30ks before making another push toward FWB:42K + level. In both cases, it seems that Bitcoin is on track to reach the FWB:42K level. Additionally, based on my Elliott Wave analysis, it appears that we may be approaching the 4th and 5th waves, followed by an ABC correction. These two scenarios could confirm my Elliott Wave analysis. Keep a close watch on the monthly closing prices; I'll provide updates on that. Be sure to bookmark this chart and follow me for future updates. Invalidation: If this entire movement turns out to be a deviation, possibly due to ETF manipulation above the $32,000 level. Remember, $32.3k is a critical level that Bitcoin needs to maintain on daily and weekly for the uptrend to continue. Please note that this is just my interpretation of the chart, and I could be mistaken. Always do your research. This is not financial advice. Do share if you like it. #Crypto
BINANCE:BTCUSD
by Cryptorphic
22