Bitcoin Local SL hunts - are our entry ideas Bitcoin Local SL hunts - are our entry ideas In a video, i share 2 key areas where i would like to take a trade for short it would be above VAH Longs we are looking for below VAL (58500 -60k area) 02:36by Yuriy_Bishko13
bitcoin longS/L: 57925.22 T/P: 64236.46 waves hit the trend line in time frame 4h and also RSI show extreme over sold area. Enter by considering the rules of capital managementLongby kevinbabaei330
BITCOIN TO SELL TILL THE NECK LINE OF THE M-PATTERNI have been watching the sell from around $72K when the right shoulder of the M-pattern. I believe that this asset may sell back to the $56K - $57K zone which is around the confluence of the neckline zone and the ascending trundling. I am bullish long term, but the sell may drop a bit and we hope to get fundamental that will push the bullrun again.Shortby ForexClinik110
BTC might retest 54k regionAfter making it to ATH, it couldn't break through, forming m pattern on daily ang weekly time frame. Next retest could be 54k region or below if it breaks through. The deeper the merrier Best time to accumulate gradually is now.by celestineazude66716220
$BTC #Bitcoin Trading IdeaBTC/USD (Bitcoin) price decreased by 6.39%. CRYPTOCAP:BTC and CRYPTOCAP:ETH both had bearish scenarios. Ascending trendline that was broken and the price reached my first support box. I Hope it holds because if the price goes down below this support box there is a probability of seeing $52K.Shortby planfomo111
Bitcoin Big liqudations is at 72k - 73k areaBitcoin Big liquidations is at 72k - 73k area Price took SL of buyers so many times base of BTC price action after it they often go for SL of sellers In a video i share heat map where u can see big liquidations at 72 - 73k watch full update to understand my plan 03:40by Yuriy_BishkoUpdated 5536
Btc daily time frame analysisBtc is in fair value gap and this is daily fvg with order block and also having sell side side liquidity. This is my best OB+FVG+SSL trading strategy. Chart is very clear nowLongby Thebitcoin37667
BTCUSDT, Friday 28 Jun!On June 23, I analyzed that Bitcoin will have a downward movement this week and its targets will be 58,000 and 56,000. The movement has begun! Fri 28 Jun - 16:38Shortby kevin13433226
BTCTrendlines: There is a red descending trendline indicating a falling trend from previous highs. A yellow ascending trendline indicating an overall upward trend from previous lows. Current Price Movement: Bitcoin is currently trading at around $61,924. The price recently broke below the yellow ascending trendline. Buy Zone: The chart indicates a "Buy Zone" between $53,910 and $56,000, suggesting this area as a potential entry point for buyers. Predicted Movement: The white curved line suggests a potential price movement pattern where Bitcoin may drop further into the buy zone before rising back up. The target price after the expected rise is indicated to be around $72,044. Support and Resistance: Support levels are around the buy zone ($53,910 - $56,000). Resistance is around the previous highs and the red descending trendline.Longby Tdawly_Official226
"Bitcoin Analysis Update: Market Indecision and Trader Fatigue"💹 Let's dive into the Bitcoin analysis we shared last week, update it, and discuss the conditions for the upcoming week! 🌟 Weekly Updates: Starting from Monday to Wednesday, we'll cover , Monday: Bitcoin and Dominance analysis , Tuesday: Ethereum and ETH/BTC analysis , Wednesday: Gold analysis These are in addition to our daily analyses. 🎉 Channel Milestone 500 Followers: Thank you all for helping this channel reach 500 followers! Our next goal is 1,000 followers. Let's keep growing together! 🔍 Previous Analysis Review: In the previous analysis, we anticipated breaking the 71,710 resistance and initiating a new bullish move. However, with significant news events, including interest rate announcements and Powell's speech, the market experienced a decline and volatility, making the upward move unfeasible. After breaking the 67,185 support, Bitcoin saw a downward move without significant momentum, as the increase in BTC dominance (BTC.D) primarily affected altcoins, leading to a steeper decline in their values. 📊 Weekly Time Frame: We are still in a strong upward trend. The first confirmation of a correction will come if the 60,648 support is broken, potentially starting a short-term bearish wave. Key levels to watch based on Fibonacci and support/resistance are 50,700, 47,000, and 40,800. Last week, we broke the long-term parabolic trend line, losing the opportunity for support from this line. A parabolic pattern is a trend-based curve that reacts to price touches, leading to price movement. Breaking this line in terms of time suggests a range-bound market, while a price break increases the likelihood of a correction. 📅 Daily Time Frame: On the daily time frame, we are still ranging, which is expected after a sharp upward trend. This period of time and price correction has tired traders, resulting in significantly lower trading volumes. This daily box can be considered a distribution zone, especially if the 60,648 support breaks. Signs of this box typically include a sharp upward trend, purchases by inexperienced traders, and positive news. A break of the support confirms this, while a break of the resistance suggests new higher levels. ⏳ Four-Hour Time Frame: After breaking 67,185, volume increased, and post-pullback to this resistance, candle sizes shrank, and volumes dropped. This led to a bearish engulfing pattern and a drop towards the 65,149 support, which is currently holding. Breaking our triggers doesn’t bring significant momentum due to the range-bound market. It's wise to quickly secure profits in positions and not hope for high risk-to-reward ratios. Even lower risk-to-reward opportunities can be lost. Remember, we don’t trade below a 2:1 risk-to-reward ratio. 📊 In the range, secure profits early to be ready to trade in either direction post-breakout, maintaining a better mindset and taking risks only after box breaks when trends develop. 📉 Short Position Strategy: consider entering after breaking 65,149 with volume confirmation. 📈 Long Position Strategy: wait for the market to establish itself or reach 71,710. Missing out now isn't detrimental, and a market with momentum is much better. 🔑 Upcoming Supports and Resistances: Supports: 63,132, 60,648 Resistances: 67,185, 71,710 💰 Dominance and Strategy: Bitcoin dominance (BTC.D) faced resistance at 55.71% multiple times, potentially prepping for a new move. Next week, if Bitcoin rises and BTC.D increases, prefer long positions on Bitcoin. If BTC.D falls and Bitcoin rises, opt for altcoins. Conversely, if BTC.D rises and Bitcoin ranges or falls, short positions on altcoins are advisable. Note that BTC.D doesn’t reflect real supply-demand, but understanding dominance trends can offer better insights. 🔍 Liquidation Heatmap: High orders are around 64,990, with Bitcoin currently finding support here. Volume has decreased over time, and most market movements are due to non-directional trader activity. 🕵️♂️ Stay updated and analyze the market daily to remain engaged. These ranges often aim to push traders away, only to move after they’ve lost interest, leading to FOMO positions and further price momentum. 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.by RealMRA55126
$BTC will start running around August 2024I can't explain more for my chart but you can see my chart and I expect early of August is the time BTC for reversal. What do you think?by B5678676678503221
update BTC To better understand the analysis, it is better to view the analysis completely and carefully. I follow the opposite conditional scenarios in my analysisShort13:41by behzadshami115
Token name from you, Analysis with me(6/15/2024)Good news: from now on, on the Weekends , I will share a post for your Altcoin analysis request , where you write the Project name and Token symbol in the comment section, and I then will share the token analysis with you. Example : Bitcoin(BTC) Project name : Bitcoin Token symbol : BTC A maximum of 20 tokens will be analyzed for you. Each follower, please register only 1 analysis request in the comment section . Your token analysis will be shared below your comment . I hope you are always healthy first and then rich . Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe. by pejman_zwinUpdated 132132128
Is Bitcoin ($BTC) heading toward a -50% correction Armageddon?Is Bitcoin ( CRYPTOCAP:BTC ) heading toward a -50% correction Armageddon? That is what the weekly chart seems to suggest. I hate to be the pessimistic guy, but you don't need to be a trading and charting expert to see the similarities between 2021 and 2024. What could trigger this massive correction is the incredible pump that the ETF has created. Imagine, for the first time in its history, Bitcoin has reached a new all-time high BEFORE the halving! That proves how much excitement and overheating the market experienced. Unfortunately, the stronger the pump is, the harder the correction will be. We can compare the 2021 chart on a weekly basis, and there are too many similarities for them to be coincidences. Because of the huge ETF pump, the MACD has gone ballistic, and now Bitcoin is way overbought. The main concern is that it is on the weekly chart, so resetting this indicator will take about 2-3 months, which gives a lot of time for the price to move down and up until we finally reach a reversal, likely after an estimated 50% dump. In this scenario, the bull run would have a double peak, like the one in 2021, with another bullish phase once the correction is finished, reaching the final goal of this bull run approximately at the end of 2024. The RSI and volume are also confirming this scenario. The EMAs are positioned at the same distance from the action price. This scenario is scary. We could see a -80% correction in altcoins. I hope to read your comments invalidating this idea, because if this happen, I am definitively going back to work at McDonald!Shortby CryptoNikkoidUpdated 225
This is the most likely scenario in my opinion.Feel free to give me advice, this scenario is related to my trading plan.Longby ismagnz115
BTCUSD SELL FLASH TO 56K SOON!!!!!!!!!!!BTCUSD have been moving in a arc and price is made to revisit the sell side at 56k for a price rejection or a liquidity run am going in on a short right now till that target zone at 56k is completed JOIN AND ENJOY LETS HEAR YOUR VIEWS ON THIS............Shortby CAPTAINFX2225
btc falling wedge 4h tfbtc falling wedge can go up after reaching 62000 - 63000 then 70000 can be touchedLongby cryptoTalkChart11
Dive deep into demand zoneI see signs that we are ready to retest the demand zone between 56600$ to 59600$. These signs include the breakout of the descending triangle and a breakout of the micro trend. We also have a huge M pattern in play even at the 4H. What I look for is to at least get a double rejection at 58244$ and is eyeballing 56,6k if we dive deeper. As I saw the bearish sentiment build up I went in with a 100x long at 60738$ and on this trade I made over 50% profit. I went in with another short at 60309$ as the bearishness was building up and we also got the creation of a bear flag. I think we are not that likely of retesting previous given resistance because of the bear flag combined with the story the candlesticks are telling. We got some big red and prominent candlesticks indicating that we might not retest support followed by a weak buying side with small candlesticks seeing new given resistance. I think we are most likely of continuing the bear trend sooner or later. I could be wrong but then I look forward to go in for another short after retesting resistance. I still think that BTC will dive into the abyss regardless. Shortby MadmantradesUpdated 114
LONG / BUY BITCOIN RN !!!!According to the previous target towards $60K-$58K, and now it will pump !! !Longby NetScript224
BTC Bull or Bear ?Wishing a good rebound on this area for BTC since its on ema 100 and making inverse HnS. Well lets see next week.Longby Kabez113
BTCUSDT UpdateA few possibilities to complement the previous update. Wave B can take many shapes and forms and an expanded flat (black) is relatively frequent but bot the only one. A triangle (green) is not less probable and WXY combination is also possible. by FomenkaUpdated 112
BTCUSDTSeems like ICT Smart Money Concept confirms Elliott Wave Analysis calling for abrupt rally over the weekend to retest open Order Blocks before turning down by Fomenka114
BTC HOLDING CYCLE PRICE ACTION AND CAN RETURN 65KBTC did break down in the last hours, but it is holding still the cycle trend. BTC has still a high chance to return from this point trend of 60K to a level of 65K BTC has many corrections on the way, and BTC was able to recover every time again. sometimes it's better for BTC to get a correction to have a strong volume for an uptrend. WE have seen last weeks BTC had issues with volume. Longby SatochiTraderUpdated 10