BUll Run?I think that if we push ~59k we will go up till we hit some sort of resistance at ~61-62k. If we break that we will got to ATH. If we go lower then ~58K then it is very possible to reach a lower low ~52k. I am long at 19x leverage with 10% of my balance. We will see how it plays out. Longby skubamnesuspejam0
Sept 1Overview: A significant sell-off occurred at 10 AM on Sunday in New York, which was 9 PM in Shanghai. The Asian bears have made their presence felt. Will American bulls step in to buy this dip, or have they had enough? Between 4-5 AM NYC time, the COINBASE:BTCUSD price was pushed back up to the $58.4k weekly level, but it has now clearly become a resistance level rather than support. As the Labor Day hangover fades and Tuesday approaches, we hope the digital currency market remains intact. W: After Sunday, last week's closing price was below the previous week's opening price and below the weekly level of $58.4k. This is bearish. D: The new daily closing price of $57.3k is the lowest in this retracement since the August 5th crash. Bearish. 4h: Previously, we had visited this low price, but it didn’t close at the end of the day, making it appear as a wick on the daily and weekly candles. However, on the 4-hour chart, it is visible as a candle body, which gives the impression of trading within a price range. If we look at Bollinger Bands, the price has failed to break the moving average since crossing it from the top on August 26th. 1h: This drop in price can be considered a bear trap. This becomes increasingly clear as we move to lower time frames (4h, 1h, etc.). Alts relative to BTC: Altcoins sold off more deeply but are now recovering faster than BTC, mainly due to their volatile nature. Bull case: We held the weekly level, so this could be the bottom. Bear case: Once Tuesday rolls in, the market might start selling frantically. Fear and Greed Index: 42.5 - trending downward. Once it dips below 40, entering the "Fear" zone, everyone should start buying. Prediction: Tuesday will bring a wave of bears. Opportunities: Look for divergences on the weekly and 4-hour charts of major altcoins: Short BINANCE:TONUSDTby EvgenCapital1
Bitcoin teetering A closing candle today below 57,325 would certainly push the price to 55,500 range and or below 😬 👇.... Stop losses...our lifesavers, they are there for a reason, for noobs, Make sure you put your stop losses with enough room to be executed otherwise they will just be passed right on up as if you never even had one placed! ie. If avax was trading at $22 and a free fall were to happen you would want your stop loss to be at least 20 bucks there's a $2 range there to make sure it gets executed... If you put the stop loss at 21.80 and a free fall happens it may get passed up. Or not filled... by dependable4121
BITCOIN SellBreakout of Box pattern. 58161 Target marked as TP. Wait for the target. Disc- Only for education purpose not a trading recommendationShortby Prabu_ShaUpdated 2
BTCUSD View!Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares returned to net outflows last week, totaling $305 million, following net inflows of $543 million the week before, according to CoinShares' latest report. The outflows came amid “widespread negative sentiment evident across various providers and regions,” CoinShares Head of Research James Butterfill said, driven by stronger-than-expected economic data in the U.S., which “diminished the likelihood of a 50-basis point interest rate cut.”Shortby FXBANkthe80552
BTC BITCOIN Technical Analysis and Trade Idea👀 👉 In this video, we explore BTC, which has recently exhibited bearish momentum with a break of structure on the 4-hour time frame. The pair has pulled back and is now retracing into a critical resistance level. I see potential for further downside and am closely monitoring whether the price holds below the current range low. If a breakout occurs, I plan to enter a sell position, as explained in the video. However, if the price action doesn't align with the discussed setup, there will be no trade. It's essential to understand that these insights are speculative and not guaranteed predictions. Confirming specific price actions before entering any trades is crucial, as emphasised in the video. The analysis offers an in-depth look at the current trend, market structure, and price behaviour. Remember, this content is for educational purposes and does not guarantee success. Trading involves significant risks, so always implement strong risk management strategies. 📈✅Short11:57by tradingwithanthony226
BITCOIN Heavily supported by the 1WMA50. Rally can start anytimeBitcoin (BTCUSD) has been following very closely the structural patterns of past Cycles and one analysis we did on the similarity sequences with cyclical fractals has been the following (September 19 2023): As you can see, BTC followed the exact path we plotted and did what was expected by breaking above the 1W MA100 (green trend-line). With the price basically consolidating for the past 6 months (Bull Flag/ Channel Down), it is time to revisit this successful chart and see what lies next. With some modifications, we can see that after successfully holding the 1W MA50 on the early August test, the price should (relative to the past 2 Cycles), start the new Parabolic Rally (green Arc). We are 147 weeks (1029 days) from the previous Cycle Top and 21 weeks (147 days) since the Halving. In past Cycles that was the exact point ('we are here') where Bitcoin initiated the aggressive rise. In all cases the 1W MA50 held, so that is the market's goal now, to keep it intact so that buyers don't lose the psychological Support level. If it holds, breaking above the $100k should be a minimum expectation, especially ahead of this month's start of an Interest Rate Cut Cycle and the U.S. elections (traditionally markets are bullish post event) in November. But what do you think? Do you share the same kind of optimism as this chart does? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot1717110
BTCUSD Full Top-Down AnalysisDue to Price Action I had to hit ya with another video breaking down what has transpired in the market. Tune In! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTrader #MambaMentalityShort20:00by TheeSnipeGoat1
August 23 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. Tonight at 11 o'clock, there will be a Nasdaq index announcement. The Nasdaq is the problem today. Tether dominance is in a vertical decline, and I created the most reasonable strategy possible. The purple finger at the bottom left, $60,156.5, is the same as the 3rd section where I entered the long position yesterday. *Long position strategy when the red finger moves 1. $60,573 long position entry section / stop loss price when the sky blue support line is broken 2. $62,350 long position 1st target -> Good 2nd target -The 1st section at the top is an upward sideways market, and if this section is touched first, it can be connected to section 2. -It seems safer to operate with a focus on long positions rather than short->long switching like yesterday. -If it deviates from the bottom section today, it may fall to the 3rd section at the very bottom during the weekend. Please use my analysis article as a reference and only for the extent of use, and I hope you operate safely with principle trading and stop loss prices. Have a good weekend, and I will come back from my vacation and see you in September. Thank you always. Longby BitCoinGuideUpdated 4
BRIEFING Week #35 : The Battle Extends FurtherHere's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil42:25by PRO_Indicators9
Bitcoin Bearish: $61K Rebound Before Drop to $47K?I'm currently bearish on Bitcoin. After failing to hold the 21-week #EMA, we saw a significant drop, followed by an unsuccessful attempt to reclaim that level within the same week, a concerning sign overall. The most likely scenario, in my view, is a tap into the $61,430 level before heading lower, targeting somewhere between $49,200 and $47,200. On the bullish side, #btc would need to break past $65,000 and hold that level to start building up better bullish momentum.Shortby blauersamt3
Last chance to buy Bitcoin 57000$Last chance to buy Bitcoin Those who have accumulated their money in banks should know that they have been given the last chance to buy Bitcoin at a dream price. I hope you buyLongby ehsan_chegeni5
Bitcoin (BTC): Weekly Opening And Sellers Taking Over!The daily timeframe is looking good as well, where we broke fully that 200EMA and exited the zone of chaos. This is a great start of the week and if we manage to close this weekly opening candle (daily) below that EMA, we will be seeing some good moves to lower zones! Swallow Team Shortby SwallowPremium4
Economy, equities about to push down Bitcoin valueTheory of Bayer describes averse effects on earth of 45* angles. This is used for exact timing and a small factor. In combination with increasing unemployment and declining interest rates (risk-less premium rewards in the economyfor debt). The risk premium for equity is rising, but the timing says it turns heavily between today and OctoberShortby develuse4
61-62K for short entryMorning folks, BTC was not able to escape mass revision of public opinion, concerning next Fed move. Not occasionally last time we've expressed doubts that BTC could reach 67K target. Here we will not speak about all bearish signs that we see. To keep it short we have big bearish engulfing on weekly chart which makes us think that H&S pattern on 4H chart is very likely. Thus, scalpers could watch for 55K area for potential long entry. While our base scenario stands for the daily chart and it is bearish. We intend to watch 61-62K area for potential short entry. Although pullback to 61K is possible, I mark this idea as "bearish" based on our primary objectShortby Sive-Morten6
Bitcoin to double and more before winter I see a broadening expanding wedge which has a target of at least $150,000. The last time i posted about bitcoin, the price was $16,000Longby missedamillion4
BTC need 4H close above price structure.I´m expecting a strong close above the entry line this week and start of the uptrend towards 64K. Enter just if this close occurs, do not enter earlier (because of better price). Set SL after the entry. TP your trade partially. Wish you good luck.Longby Rendon11
Correction It is expected that after some fluctuation and correction, an upward trend will be formed up to the specified resistance range, then the possibility of changing the trend and starting the downward trend will be likely. Shortby STPFOREX0
Bitcoin - Bitcoin is waiting for an important week!Bitcoin is below the EMA50 and EMA200 in the 4H timeframe and is trading in its descending channel. After reaching the supply range, Bitcoin has moved in its downtrend and is currently oscillating in its corner pattern In case of risk off sentiment in the US stock market or withdrawal of capital from Bitcoin ETFs today, we can witness the continuation of the downward trend. You can enter sell trades after breaking the bottom of the specified pattern In case of risk on sentiment in the US stock market or investing in Bitcoin ETFs has led to the failure of the pattern in the upward direction and it is possible to enter Bitcoin purchase transactions It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more importantby Ali_PSND1
The Parallels of Trading and GolfAs both a Professional trader, but amateur golfer. recently tried to explain to someone the similarities, especially in the emotional side of golf and trading. I thought it might make an interesting article. Golf, much like trading, is a sophisticated blend of skill, strategy, and psychology. While trading involves navigating financial markets, golf requires skilful manoeuvring across challenging terrains. Both activities demand a strategic mindset, the ability to adapt, and the resilience to handle emotional highs and lows. The Right Club for the shot In golf, a player selects from a variety of clubs, each designed for a specific type of shot and distance. In trading, an investor uses different strategies tailored to particular instruments and timeframes. Just as a golfer wouldn’t use a driver for a close-range putt, a trader shouldn’t apply a long-term investment strategy on a 1-minute timeframe. The key is understanding which tools to utilise for the setup, whether it’s choosing a wedge to escape a bunker or a driver to blast the ball down the fairway. Different Scenarios Golf courses are full of diverse challenges, from long par 5s to intricate par 3s as well as those horrible 4s too long to drive, yet technical. A golfer must adapt their approach to the difficulty of each hole, just as a trader must respond to different market conditions. A poor shot on a par 5 might still recover with subsequent careful play, similar to how traders can bounce back from a loss with well-planned actions in subsequent trades. Success in both fields relies on adapting to circumstances while focusing on the overall objective. Remember there are 18 pins on a golf course, one bad shot doesn’t cripple the account (I mean, doesn’t end the game). Managing Emotions Golf is notorious for inducing a wide range of emotions, from the frustration of a missed putt to the euphoria of a perfect drive. Trading elicits similar emotional responses; the thrill of a profitable trade contrasts sharply with the despair of a loss. You ever notice that you take profits early and let losses run too long? Yup; not wanting the ball in the woods is the same, yet we still reach for the driver. Both golfers and traders must manage their emotions effectively to maintain focus and make rational decisions. Emotional discipline is vital; letting emotions dictate actions often leads to mistakes, whether it's over-swinging in frustration or impulsively buying or selling a stock. Risk management in either scenario. Learning and Improving Professional golfers continuously work to refine their swings and improve their game. Similarly, traders must commit to ongoing education and self-improvement. Doctors or lawyers don’t become professionals after watching one or two videos online. Neither does a trader. Analysing past performances, whether it’s reviewing a golf game or assessing trading results, is crucial for identifying areas of improvement and fine-tuning strategies moving forward. But only you can do this “honestly” claiming a birdie when it should be marked as a bogey is only cheating yourself. To Master the Art The pursuit of mastery in both golf and trading is a lifetime journey. Neither field offers shortcuts to success; both require dedication, practice, and resilience. However, the sense of accomplishment and reward from mastering a challenging golf course or successfully navigating complex markets can be immensely satisfying and still that one bad shot is soul-destroying. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years' experience in stocks, ETF's, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.by Mayfair_Ventures6615
Bitcoin forecast Hi traders. Price hits below of our flag in the last Bitcoin analysis. We have a new flag above of chartShortby Market_Magazine1
The Ultimate Bitcoin Guide - All You Need to Know Right Now!Welcome Future Demons Let me start by telling you about my mission. I'm here to serve you. I'm here to make you a better trader. I will do so by exploiting the grim secrets in the markets, the plausible movements, the market psychology and all the whale-manipulation. I will all the time remind you about the importance of mindset and money protection. The Beginning I will start making some predictions about the market first. I will use Bayesian Reasoning/Statistics to put credence on the different scenarios. I get the output numbers after weighing my TA combined with geopolitics, and market- and whale psychology. I want to make it clear, that I never make any trades alone from these Bayesian Scenarios, nor should you, but they will always serve as a fundament for my trades. The Predictions The 2 most important mid term scenarios to be aware of: 1. We will go up around 85k in this cycle, but we will not surpass 100,000 USD. Hereafter we will go below 30k. Bayesian 62 %. 2. We will not get a new ATH, and we will go down below 30k now. Bayesian 38 %. "Long" Term Prediction: 3. After we hit 30k USD, not only crypto, but also stocks will go into a hard bear market, and we will see a Depression similar to in the 1930s. ------------------------- Why? Mid-term: 1. The crypto market has been behind the stock market for a long time. In fact it has been pretty much ignored due to all the money, whales have been making in especially AI, pharma and war (E.g. Nvidia, Apple, Microsoft, Lockheed, Novo Nordisk). Both Apple, Microsoft and NVIDIA have market caps above 3 T USD compared to cryptos total Global Market Cap at 2 T USD. Therefore when the stock market soon will collapse it's not unlikely that some of the money will enter especially BTC. I will predict that most will go into Gold though. 2. 100k in this cycle is unlikely due to the psychological nature of the number 100k. Bitcoin is simply not ripe enough for such a high price. Ask your self, your friends or any retailer if they are ready to buy BTC at 100k? Exactly. Remember that whales don't make money by pushing the price as high as possible. To make money, they need to sell at a price which requires buyers. What most likely will happen is, that the whales will try to push the price to squeeze the last money out of retailers. Retailers will FOMO in all the way below 100k hoping for a miracle to occur, but around 85k-90kish, boom, the whales will start to schock mass sell. 3. That we will go below 30k in this cycle is super likely. History repeats it self, and Bitcoin usually drops at least 80 % every cycle. "Long" Term 1. We haven't had a real bear market for 15 years in stocks. Usually we have one every 7 years. We have never before seen such a rise. FED has been printing money like crazy just to give them out to private banks and hedge funds, so they can buy more stocks, and bait retailers into buying more and more. Soon the same whales will mass sell, and become even more rich while the poor will be more poor. The gap between rich and poor is now even bigger than before, which is a catastrophe for all low- and mid-income people, since it will lead to hyperinflation, and eventually a depression for at least a couple of years. That is also why you need to be aware of it, and if you are in the markets atm you should consider to secure some of your money asap. Then you just wait for the depression phase, where you slowly can start to accumulate again. Don't be greedy, my friends. What should You do now? Right now the best thing is to stay out of the market. The price is dancing around 57k, and we are in a big liquidity zone, where we can expect a lot of fluctuation. Whales love these zones, and will always try to steer the market towards them, cause they only are able to make money here. It requires zones of lots of money to make lots of money - remember that. They will continue to go up and down as long as they can to liquidate retailers. If we make a higher high at 70k, you can go long. ----------- I will soon also give you concrete trading ideas too. Please follow me - it will make me happy. Kind Regards Laplace's Demon PS. Remember to be grateful for the small things in life, and strive not to focus on what you don't have.Longby Lapl4cesDem0n3310
BTC about to Crash, Target Price 44k Since the month from May to June BTC has been trying to break the level first 70K then 64K respectively. Now in higher timeframes(1 Day), BTC has been making LH and LL as per the Dow theory that is the sign of Bearish trend. I anticipate that the next move will be 44K Shortby limitissky775