BTCUSDThis asset needs to finished the week upper than price now. This area is a bullish area, so it´s a good moment to start to think in putting the trade. But because it´s tuesday I´ll put the order at the end of the day, around 20:00 london time. thks, blessings. Longby SGsauragestionUpdated 117
BTCUSD short-termMany weekly indicator showing reversal for the past 1 month, I have been keep warning. Don't be greedy, correction is healthy for the long-runShortby SkyitoUpdated 5
Quick Scalp Trade on BTCBTC is about to rebound for liquidity. Charts Say it allLongby mhaseebkhan19841
Bitcoin | btcusdt | btcusd on the verge of a brekout Bitcoin | btcusdt | btcusd on the verge of a brekout BINANCE:BTCUSDT btc looks extremely bullish above $69305 , support $66660 by XDataAnalystUpdated 3
BTCUSD to reclaim highs and more?Highlighting the inverse relationship between the DXY (yellow line) and the BTCUSD. Potential weakness on the DXY tonight could see the BTCUSD continue its bounce from the support level of 66,000 (also formed by the 38.2% Fibonacci retracement level from the longer term) up toward the previous high of 72,000. If the price breaks above the resistance level, significant upside could be anticipated with the next target profit level around the 74,500 areaLongby JinDao_Tai115
BTC Bounces At SupportWelcome to The Wolf Den! This is where I share the news, my ideas about the market, technical analysis, education and my random musings. The newsletter is released every weekday and is completely FREE. Subscribe! The Wolf Den Is Sponsored By BLENDR! Why $BLENDR? The world of GPU computing is changing fast, and there's a huge need for affordable and powerful computing power, especially in fields like artificial intelligence and content rendering. Purpose: Blendr is introducing a new decentralized network that utilizes unused GPU resources all over the world, in order to give access to high-performance computing. Blendr uses blockchain technology to create a marketplace for GPU power, making computing more efficient and cheaper. This new approach makes the process scalable and cost-effective. This newsletter is made possible thanks to BLENDR. Show them some love! In This Issue: F-O-M-C Bitcoin Thoughts And Analysis Altcoin Charts Legacy Markets FTX Is Still A Mess Crypto And AI Will Be Epic Elizabeth Warren Begs For Rate Cuts This Chinese Bank Is Praising Bitcoin And Ethereum Bitcoin Sinks | Here Is What Happened And What To Do Now (Buy The Dip) F-O-M-C Eight times a year, a group of influential policymakers convenes to set economic policies that profoundly impact the value of everything we own, consume, and experience. Their decisions shape the financial landscape and reverberate through our daily lives. The seven governors, who serve 14-year terms, wield significant power. They are appointed by the President and confirmed by the Senate. The only officials who typically outlast them in their positions are Supreme Court Justices, who serve for a lifetime, subject to good behavior. The decisions of these individuals not only deeply affect Americans but also have global implications, as the United States continues to exert dominance in banking, capital markets, and fiat currency worldwide. Today, these individuals will meet for the fourth time this year to deliberate on policy, form opinions on the market and economy, and ultimately decide on the necessity of rate cuts. While I've always maintained that the market and Bitcoin will act independently, significant shifts in tone or posture are bound to have lasting and far-reaching effects. Interestingly, these meetings have had a notable impact on a particular asset class that operates outside traditional markets: cryptocurrency. Both risk-on and risk-off assets tend to experience heightened volatility in the days surrounding these meetings, with Bitcoin and the broader cryptocurrency market often standing out as the most reactive. A trend has emerged, which I believe has not garnered sufficient recognition. I conducted a retrospective analysis of Bitcoin's response to these meetings, beginning with the most recent and going back to the middle of last year. While volatility isn't perfectly aligned from meeting to meeting, the patterns are remarkably consistent. It's almost as if one could predict the timing of FOMC meetings just by looking at the chart. See below for the results. I didn’t adhere to strict guidelines when collecting this data; at most, I looked just a couple of days before or after the meeting. Barely a stretch. 2024 FOMC Meetings: June 11-12: $70,000 to $66,500 then… TBD April/May 30-1: $64,500 to $57,000 then springs back in a few days March 19-20: $67,500 to $61,500 then springs back same day Jan 30-31: $43,500 to $42,000 then springs back in one day 2023 FOMC Meetings: Dec 12-13: $43,800 to $40,700 then springs back same day Oct/Nov 31-1: $34,500 to $35,600 then falls back in a couple of days Sep 19-20: Insignificant volatility July 25-27: Insignificant volatility June 13-14: Insignificant volatility What you will notice is that the FOMC tends to have a more pronounced impact when the market is already in a reactive state. For example, from June 2022 to September 2023, Bitcoin price action was relatively stable. However, in October 2023, Bitcoin began to rise, and subsequently, FOMC meetings became highly volatile profit-taking/deleveraging opportunities for the market. Based on this data, my prediction is that Bitcoin will experience a sharp upward move in the next few days, rebounding most, if not all, of the drop. I’m not taking a trade based on this hunch, and neither should you. My thoughts should never dictate your strategy, but that’s my guess. Any deviation from this trend would mark a departure from the four/five consecutive, nearly identical data points we've observed leading up to this point. Moreover, an unaccounted-for hiccup, nose scratch, or twitch of the right arm from Jerome Powell could send the market into a frenzy. I don’t make the rules; they do. The trend remains upward; do not risk your Bitcoin with leverage unless you are extremely confident, well-capitalized, and comfortable with the possibility of 100% losses. Godspeed. Valhalla awaits. Bitcoin Thoughts And Analysis DAILY CHART I am beginning to annoy myself. The compulsion to share a bitcoin chart in every newsletter, every day is problematic, when we all know that nothing has changed. Months of sideways were expected, and that is what we are getting. And at the moment, a highly predictable bounce (hopefully it lasts) at support in the middle of the range. Yawn.Longby ScottMelker4
just a paper trade to short btcbtc could jump off the cliff, ascending triangle is a bearish pattern. it about probability not magic crystal ball with 100% predictionShortby Cyborg0092
BITCOIN SENDS CLEAR BEARISH SIGNALS|SHORT Hello,Friends! Bearish trend on BITCOIN, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 66260. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 117
CPI & FOMC JUNE 12th Massive day for BTC, crypto and the broader markets as CPI and FOMC take place in a time where BTC has taken a dive back towards the range MIDPOINT. Both CPI & FOMC are forecast to be non movers, with 3.4% and 5.5% respectively. Last month CPI was the catalyst for the move from 0.25 to range high, however some of that hard work has been undone in recent days. I would like to see the same kind of move but this time from the MIDPOINT which often provides a better starting point to a move. What we don't want to see if BTC is to keep bullish HTF momentum is lingering around the midpoint level with a view to target range lows yet again. Buyers need to come in fast before momentum is lost. With sentiment so low but price constantly knocking at the door of ATH, ETF's being approved leading to institutional investment, mining rewards halved and a US election on the way this year. Big things are about to happen in the world of cryptocurrency and Bitcoin is the one leading the charge as it so often does. Be greedy when others are fearful springs to mind. There is definitely fear in the market and its participants, The chart once you zoom out does not give me reason to be fearful just yet, this is a Bullrun and dips like these can be turned into wins. by ProR35Updated 2
Is it time for a Bitcoin rally? BTCUSD : Bitcoin is out of our flag channel but should hold above 67000. The movement we expect from Bitcoin is to move up to the specified targets. But we have two scenarios in mind. 1. Shorts position scenario: If it loses the support range of 67,000, it will move to the price of 65,000 And you can wait for the price to return to 67000 for a sell position down to 63000. 2. Long position scenario: Consider the flag is completed. And open your position at this point for buying with a stop loss of 59800 Or to be more sure of the start of the upward trend, we should set our buy stop position at the limit of 72500 and 74000. For the specified targets: 84 100 110by DisItsUpdated 2
BTC local levels to watch out for You can see here the FVG below that was taken during the Asian Range, and there's an order block above. These are key levels to watch out for when we get the NY-AM open for the CPI release today. I suspect we'll see a trade setup form around that time. Right now, I'm just eyeballing these levels, with the REH (relatively equal highs) just above the Asian range. This could act as a reversal point if we get a displacement from this level or the order block above. It's a bit too early to tell what will happen, so let's wait for the setups to develop. #BTC #Crypto #Trading #CryptoTrading #SmartMoneyConcepts #TradingView by salamanka0
BITCOIN Retesting the 1D MA50. Is it alarming?Bitcoin (BTCUSD) has been practically consolidating since the May 21 High and the recent pull-back of the past 5 days is starting to inflict a certain degree of fear in the market again. So far the effect is only on the short-term as yesterday, the 1D MA50 (blue trend-line) was tested (first time since May 17) and held. This is something we have seen before on February 06 2024 and October 14 2023. All 1D MA50 re-testings have taken place after the price broke below the 1D MA50 (blue arc) and formed the bottom of the Bearish Leg. The pattern can be easily classified into phases, with BTC trading within the Mayer Multiple Bands (MMB) Mean and the MMB 2SD below. A Channel Up follows after each 1D MA50 test that approaches the MMB. The only parameter that's left to confirm the start of this (blue) Channel Up that will test the MMB is the 1W RSI to break above its MA level (yellow trend-line). As you can see 100k following that, is a rather conservative technical Target within this pattern. Do you think that critical psychological level will get hit following this pattern? 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 TradingShot49
2 Scenarios...Currently Seeing 2 scenarios for BTC - 1 is we correct down to 64k~ then blast to 100k/130k - 2 is we are working on a larger correction which will see us fall to 40k levels.by Swoop6224
Short BTCUSD Now ! Bitcoin has already reached a resistance that is suitable for whales to sell. I am waiting for it to drop from 67000 to 63000 and because I think it will drop to 50000, so I have no idea about the right price for Long position. Shortby mrata70
BTCUSD forms a double top patternOn the daily chart, BTCUSD fell back after testing the 72,000 mark, forming a double top pattern in the short term. At present, attention can be paid to the resistance near 68,450. If there is resistance at this position, short selling can be considered, and the downward target is the 60,500-63,000 area.Shortby XTrendSpeed1
correction It is expected that the upward trend will change in the resistance range and the resistance trend line and continue the downward trend. If the price crosses the 127% level, the downward trend will be canceledShortby STPFOREX0
June 11 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. Bitcoin 30-minute chart. Tomorrow is the day when the CPI meets on Wednesday evening and the FOMC meets on Thursday morning. There is no separate indicator announcement from NASDAQ today. The beat alone continues to decline. In the long run, Bitcoin is on the rise, but From a mid-term perspective, just the two of us with Tether Dominance An endless power struggle continues. It seems like the direction will be decided tomorrow rather than today. The section where the rising pattern breaks in tether dominance and Based on the recovery of Bitcoin's medium-term pattern I created today's strategy. *Sky blue finger movement path Two-way neutral Short -> Long switching strategy 1. Short position entry area of $67907.5 / Stop loss when the pink resistance line is broken 2. Long position switching at $66795.5 / Stop loss when the green support line breaks away 3. $68,700 long position primary target -> Top secondary target After a vertical decline in an ambiguous position on the Bollinger Band 6-hour chart There was no clear short position entry point. You can operate as a short->long or long position waiting strategy. If you touch the bottom first, the green support line is $66795.5. The long waiting period can be in contact with the Bollinger Band daily chart support line. It becomes a seat. In that case, it is directly connected to the downward trend line. Bottom -> You can deviate significantly from section 1. You must be careful. Today I shook it moderately. After connecting after tomorrow, from CPI I think we need to come up with a new strategy. It's hard to explain, but as I left a comment, For beginners or those who only operate spot exchanges, I think it would be a good idea to run it after CPI and FOMC. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank you by BitCoinGuideUpdated 3
BTCUSD: High chance to see 75k+ soon. Here's why!Please see previous btc ideas for more context ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!Longby Yelli_tradesUpdated 7712
$BTC Daily UpdateCRYPTOCAP:BTC #BTC broke below $68,546 support down to $66,323 support which tested and held on last dip, $67,716 being tested as of now, RSI on 4H and 1D getting better, $68,546 support to be regained to reattempt at $71,379-$72,162 resistance area. Watch given s/rby limitlessnash0
BTC possible setups Weekly, 2024/6/9Tomorrow Monday 10th, I see a strong possibility of downward movement first, dropping to 67000 - 66000 area. Then, we need to observe whether there is possible for upward movement. Possible long area: 1. 68400-68700 if it breaks down, then, 2.67000-66400 If 66000 breaks, then t0 62000 area is possible. Let's see how the week plays out. by Shin_diamondsUpdated 2
BTCUSD Support Rejection At $66043.90. 12.06.2024Support rejection spotted in 1hr BTCUSD chart at $66043.90. If rejection holds: Target 1: $67312.81. Target 2: $68308.96 if $67312.81 is broken. If rejection fails: Target 1: $64431.08. Target 2: $62376.48 if $64431.08 is broken Apply Risk Management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby BDSwiss_Academy3
BTCUSD Top-Down AnalysisFull Analysis & breakdown of the market & current Price Action. Don't Miss Out!!!! Tune IN! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTraderShort17:27by TheeSnipeGoat2
btcPlan 1 From this first resistance, we play a little and the blue movement is done Plan 2 We have Time News today and Green Plan Important note We have three important areas where I don't do a lot of shopping We are in a short-term downtrend If the important resistance areas are not broken, the yellow lines are in sight We have news It is a personal opinionPlan 1 From this first resistance, we play a little and the blue movement is done Plan 2 We have Time News today and Green Plan Important note We have three important areas where I don't do a lot of shopping We are in a short-term downtrend If the important resistance areas are not broken, the yellow lines are in sight We have news It is a personal opinionby hosseinghaffari671