BTC long/short ideaHere's my potential short term BTC targets in the next coming days. Follow the price action at key zones. Keep it simple
BTCUSD.P trade ideas
Zoom. Out. Sometimes we just need to breathe a little bit and step back. Pat yourself on the back and strap in because next leg is mania and all I have to say is ZOOM. OUT. COINBASE:BTCUSD
"People will naturally drift towards the hardest money.. "
Still uptrend BTC patterns. Are we finally up for 100k?Looking at the chart published we can see our support bar turned to Resistance around 71k and the 1d chart bar following the uptrend line showing a strong buying support. Are we going to see BTC reach 100k before christmas? personally i think we will. Thanks!
Is Bitcoin's Bullish Momentum Sustainable? A Detailed AnalysisBitcoin, the world's largest cryptocurrency, has been on a tear recently, with prices surging to levels not seen in years. This article delves into the key factors driving this bullish momentum and explores the potential implications for the cryptocurrency market's future.
The Bull Flag Formation: A Technical Analysis Perspective
A key technical indicator that has caught the attention of analysts is the formation of a bull flag pattern on Bitcoin's price chart. This pattern is characterized by a sharp upward move, followed by a period of consolidation within a descending trendline. Once the price breaks out of this flag, it often leads to a significant upward move.
First Mover Americas highlighted Bitcoin's flirtation with the $90,000 level, emphasizing the volatility of the market. Such price swings are common in cryptocurrencies, particularly during periods of high momentum.
The Role of Retail Investors
While institutional investors have been a major force in the crypto market, retail investors, often referred to as "shrimps," have also played a crucial role in driving Bitcoin's recent rally. These shrimps have been actively accumulating Bitcoin, even as whales have been offloading their holdings. This suggests that retail investors are increasingly confident in Bitcoin's long-term potential.
Overheating or Sustainable Growth?
A common concern among investors is whether Bitcoin's rapid price appreciation is sustainable or if it is a bubble that is about to burst. Key metrics like the Hash Ribbons Indicator can provide valuable insights into the health of the Bitcoin network. The indicator, which tracks Bitcoin's hash rate's long-term and short-term moving averages, has recently crossed over, signaling strong miner confidence. This bullish crossover has historically been followed by significant price increases.
Furthermore, Bitcoin's Weekly RSI (Relative Strength Index) has entered the overbought zone, indicating that the asset may be overvalued in the short term. However, the last time the RSI reached this level, Bitcoin surged by over 80%. It's important to note that technical indicators should be used in conjunction with fundamental analysis to make informed investment decisions.
The Impact of Increased Trading Volume
The surge in Bitcoin's price has been accompanied by a significant increase in trading volume. This increased activity, driven primarily by retail demand, has further fueled the rally. As more and more investors flock to the cryptocurrency market, the demand for Bitcoin is likely to continue to grow.
Conclusion
Bitcoin's recent bull run has been fueled by a combination of technical factors, strong investor sentiment, and increased retail demand. While the cryptocurrency market is inherently volatile, the underlying fundamentals of Bitcoin remain strong. As the network matures and adoption grows, Bitcoin's long-term prospects appear promising.
However, it's essential to approach cryptocurrency investments with caution. Investors should conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
BITCOIN what really is it ?? MATH in an Equation The chart posted may seem hard to understand for most .But I never take away the MATH we are now in a CLUSTER of Fib relationships . I did notice fewer and fewer Crypto indexes failing one by one The Game of MUSICIAL CHAIRS soon they All FALL DOWN The most famous PONZI next to TULIP BLUB MANIA ! and I have studied everyone in my 43 years of trading . Today I talked to a few traders they called themselves Investors !! and said in it for the Long haul and when I show them how one by one was not keeping up They did not want to watch the data !! everyone is just about ALL IN THE GAME . Best of trades WAVETIMER
golden Cross on #BTCNot much noise or fanfare regarding this technical occurrence
Which indicates there may be a few more months of price supportive action
till we reach super overbought status
BREAKOUT ON THE BOLLINGER#Bitcoin Bollinger Band 👀
📝The price of BTC has broken out the Bollinger Band, as we predicted in the last post.
🌊Now, we see a strong increase in volatility and a rise in the BBW oscillator. This is exactly the period that all market participants have been waiting for.
💡I recommend that investors start to partially fix profits and traders be careful with high leverage. With increased volatility, you can lose money many times faster.
BITCOIN 5th Wave nearing the END drop to 48k min 32k into 2025 We are fast approaching the wave 5 of 5 it should be anywhere from 94k to 104 k . We should then see a new bear market phase into 2025 and a low mid oct 2025 down into 32 k on the low end most declines have been 75 to 786 % so I would look at the 50 % to .618 drop the rally phase from 15900 to what ever peak be it 94 up too 104 But this and ALL Assets are now setting up for the deflation . See data 1980 to 1982 Best of trades THE WAVETIMER !
Bitcoin Top at around 130kI expect Bitcoin to top out in an area between 124-142k this bullcycle. In a window between mid April and late May. I think that this is the most realistic price prediction that you could come up with and that predictions like 250k are staked way to high. I would start selling at around 124k to prevent being hit by the start of the bear market. This will be a bull market not a bullcycle.
$BITSTAMP:BTCUSD possible new testing point high n lowBased on GoodSUN Band, as shown in chart,
BITSTAMP:BTCUSD
Upper Testing Point: 94859, possible higher point to test. if volume is positve it breaks above this.
Average Roaming Point: 91110, Fluctuation zone, swinging ponts for accumulation
Lower Breaking Point: 90679, possible lowe point to test, negative volume leads to downfall in this point.
Meanwhile other indicators are still positive for expansion so far. during current time.
BITCOIN - POTENTIAL STRONG MOMENTUM/BREAKOUT + ALT SEASONBITCOIN is rallying to make a new high but currently sits within a range. Price action confirms a strong momentum to the upside has begun and could take off from there to 70k-73k in the coming days. Thereafter a breakout to form a new high (100k-104k).
Its altseason too and US Presidential election is just around the corner.
Volume Break-out BTC The volume surge is similar to the beginning move of 7 November, 95k seems likely in present week.
BITCOIN Made a New All Time HighThe price broke the consolidaion zone.
The next level to watch is fibo extension which is approx 93,000.
The price potentially can pull back and move up.
Btc /Usdt BITSTAMP:BTCUSD
Btc Simple Next update First i wish btc Tap 100k Now its time need rest
Disclaimer : It's Not Financial Advice
$BTC Parabolic run will continue! #Bitcoin in 2016-2017 Price discovery continues to rise after ATH!
November 12 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.
There is no Nasdaq indicator announcement today
There is a very high possibility of sideways movement.
After reaching the short-term target price yesterday
Depending on the situation today, additional adjustments may continue to be connected after tomorrow.
*When the blue finger moves
Long->Short switching
This is a short position strategy.
1. 85,692 dollars long position entry section / cut-off price when the green support line is broken
When the green support line touches the 2nd section
This is where the short-term pattern breaks, and there is also the possibility of additional adjustments
And when the previous high is broken, it is also a whipsaw condition.
2. 92407.5 dollars short position switching / stop loss price autonomous
(Since it is currently a section that cannot be drawn,
try drawing it according to the newly created resistance line.)
The purple finger 88.7K at the top
is a strong downward section today,
and up to the 1st section touch is a sideways market.
From the bottom, it becomes the 1+4 section,
but since it is the second arrival, the adjustment may continue to be long.
Up to this point, I ask that you simply refer to and use my analysis
and I hope that you operate safely with principle trading and stop loss price.
Thank you.
BTCUSDT... A very reasonable high are placed? Next??#BTCUSDT... Market placed 89000 plus high and according to technical setup that high is a reasonable high..
And now if market hold it in that case you can see a drop from here ..
Good luck
Trade wisely
Let's talk about trading for a bit (too much chart talk)I completely forgot about the Leap Competition as I've been focussing on my sons birthday
Trading is one of the 3 pillars you've got to master
1) master the chart
2) master the trader
3) master yourself
Trading works with Risk:Reward ratios, position sizes, risk management, and lots of other boring managements.
I'll chat a lot more about trading from now on rather than charting charting charting
lets go?
BTC taking a break from the upwards action.I've used MTOPS to help identify where the market will get to next
As mentioned yesterday I said it will turn around, and now I've kindly shared my prediction of where it will land up next
Make money, make money money
Bitcoin on the Path to Unprecedented Success. Trade plan!Technical Analysis for Bitcoin (BTC/USD)
Chart Observations
Falling Wedge Pattern:
A bullish reversal pattern is forming, indicating potential upward momentum if the price breaks above the resistance trendline.
Breakout scenarios typically target the previous high or a significant resistance level.
Support and Resistance Zones:
Resistance Zone: Around $91,000-$92,000, visible as the upper orange zone.
Support Zone: Around $78,000-$79,000, visible as the lower orange zone.
Indicators:
RSI (Relative Strength Index): Currently at 38.08, showing oversold conditions and a potential for upward momentum.
Stochastic Oscillator: Indicates bullish divergence with oversold conditions, suggesting a potential upward price movement.
HMA (Hull Moving Average): Neutral to slightly bullish, sitting at 53.63.
Money Flow Index (MFI): Showing outflows (red), indicating possible selling pressure.
Volume:
Relatively low, suggesting a lack of conviction in either direction. A breakout accompanied by high volume will confirm the next major move.
Divergences:
Visible bullish divergences on the VMC Cipher B suggest a potential reversal if the falling wedge resistance is broken.
Trading Plan
Scenario 1: Bullish Breakout
Trigger: Break and close above the falling wedge resistance with strong volume confirmation.
Entry: Place a long position at $86,500-$87,000.
Targets:
First Target: $90,000 (conservative).
Second Target: $92,000 (major resistance zone).
Stop Loss: Below the wedge breakout level at $84,500.
Risk-Reward Ratio: Aim for 3:1.
Scenario 2: Bearish Breakdown
Trigger: Break and close below the wedge support with strong volume.
Entry: Place a short position at $84,000-$83,500.
Targets:
First Target: $80,000 (conservative).
Second Target: $78,000 (lower support zone).
Stop Loss: Above the wedge support at $86,000.
Risk-Reward Ratio: Aim for 3:1.
Risk Management
Allocate 1-2% of your portfolio per trade.
Monitor key levels and indicators, particularly volume spikes, RSI, and stochastic trends.
Keep an eye on macro news and Bitcoin-related announcements that could influence market sentiment.
If the price remains range-bound within the wedge, avoid over-trading and wait for a breakout confirmation.
Ensure all trades are backed by stop-loss orders to manage potential losses effectively.
Bitcoin- Small double top could lead to correctionAs I explained in my previous analysis, I anticipated a correction in BITSTAMP:BTCUSD and decided to sell against this strong uptrend.
With some luck, I’m still in the trade (though currently at a loss).
At this point, however—unlike when I impulsively sold—we have some real data to analyze. :)
After the first all-time high just below 90, yesterday we saw another peak just above this key level.
This could potentially signal a double-top formation. A drop below 85,300 would confirm this pattern, with a measured target around 80k. Looking further down, 77k could also act as a support level.
On the flip side (which I’m not too keen on), if we see a higher low above yesterday’s, support holding at yesterday’s low, or a false break of the neckline, BTC will be on its way to setting a new all-time high almost for certain.
