Btcusdtlong
$BTC DAILY ANALYSISDaily Swing is Bullish , Daily Internal Bearish
After Bullish BOS ( Break Of Structure ), we are having corrective pullback to the downside and price already has mitigated weekly demand range in August. Although a deeper mitigation to the level of $44.000 is very likely imo, we are currently bullish in recent minimal structure so if price keeps pushing and we get a daily candle closure above $64.450, I personally don't think the supply zone between 64.800-66.400 will cause a strong bearish momentum. And I will be following the price in LTF to catch any short positions in this recent daily supply zone, but longs are more probable as I don't think this supply will hold for long.
The main Supply range, 67.000 - 70.000, is where I will be looking for confirmation short setups until I see daily internal structure switch to bullish.
When Will Bitcoin Hit Its Next Peak?The BTC weekly chart with the Pi Cycle Indicator has historically been a reliable tool in predicting major Bitcoin market cycle highs and lows. As shown in the chart, this indicator successfully marked the peak of Bitcoin bull runs and bottom of bear markets during the last three major market cycles.
The green markers on the chart labeled "Pi Cycle High" correspond to moments where Bitcoin reached its cycle top. These highs occurred during 2013, 2017, and 2021, right at the peak of major bull markets, suggesting the effectiveness of the Pi Cycle indicator in identifying sell zones.
The blue markers labeled "Pi Cycle Low" signal the exact periods when Bitcoin hit its bear market bottom, seen in 2015, 2019, and potentially in 2022. These points provided strong buy opportunities before the market entered a new bull phase.
Bitcoin currently trading above $62,000, the Pi Cycle Indicator has not yet signaled a new cycle high. This suggests that Bitcoin could still have further upside potential before reaching its next peak. If the historical pattern holds, we might expect Bitcoin to continue rising over the next year before the Pi Cycle High indicator signals the next top, potentially in mid to late 2025.
Keep a close eye on the Pi Cycle indicator, as it could once again provide crucial signals for a peak in this cycle.
Regards
Hexa
BTC Price Set for Potential Bounce at Lower Bollinger BandBTCUSDT Technical analysis update
Whenever the price touches the lower Bollinger Band, it has historically bounced back. Currently, the price is approaching the lower Bollinger Band at the 59K-60K level (indicated by the yellow circle), suggesting a potential bounce from that area. If historical patterns hold, we can anticipate a short-term bullish reversal, with the price aiming for the upper Bollinger Band in the upcoming sessions.
Regards
hexa
Bitcoin Weekly MACD Cross: Bullish Momentum BuildingBTCUSDT technical analysis update.
In the weekly Bitcoin chart above, we can see that the price has been consolidating after a strong bullish rally. The key point to note here is the potential MACD crossover, which could signify a shift in momentum.
The blue MACD line is approaching the red signal line from below, indicating that a bullish crossover might be imminent. This could suggest that the bearish phase is weakening and that Bitcoin is preparing for an upward move.
The histogram has been decreasing in negative territory, which typically points to diminishing bearish momentum. A shift to positive values could confirm a trend reversal.
The price is currently trading near key resistance levels, and if the MACD crossover happens, we could expect Bitcoin to break through these resistance zones, possibly leading to a significant upward move.
Wee should closely monitor the MACD for confirmation of the crossover on the weekly chart, as this signal has historically been a strong indicator for trend reversals in Bitcoin. If the crossover happens, it could lead to a sustained bullish move.
Regards
Hexa
BITCOIN'S newest Bullish SignalI like to scroll through the higher timeframes periodically to look for patterns that simply won't 'jump out at you ' on the intraday.
Bitcoin weekly chart, I see where the MACD line is currently making a Cross X up and through the Signal-line, that is a very bullish cross if it's sustained by further crossing and it's further confirmation of an imminent breakout.
* Educational purposes and the latest Bitcoin alerts. But not for financial advice on timing of Long and Short positions for Bitcoin.
BTC/USD "Bitcoin" Bullish Side Robbery PlanHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist BTC/USD "Bitcoin" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 30m timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Best buy zone for Bitcoin's breakout / up to 12 months rally!
You might've noticed Bitcoin is back on the brakes lately, a few green false starts here and there that turn out to be bull-traps for short term traders.
But what if you want to accumulate Bitcoin BTCUSD over the coming weeks to really dig-deep in its price so that you are setup nice for its rally.
Well some expert Bitcoin commentators are saying that it's price may have to wind back to 55,000 for the serious bull-bitcoin-buyers to return to setup and stage the rally. By the way, 55,000 price also coincides with the median daily buy order block you will see in my chart diagram.
But the reality is that BTCUSD may not get that low again at the 55,000 level, now the Golden-zone Fib level from a Daily chart is about 57500 to 59500.
Currently the Bitcoin price has bounced off the 200EMA to hold it up for now, but I think Bitcoin will wind back some more over the coming days into one of these bigger buy demand zones and it will happen very fast when Bitcoin will soldier on up to the 73,802 neckline which represents the breakout point of a 5 year massive cup and handle formation.
Below is the big-picture Weekly, including the massive Cup & handle pattern.
Q4 2024 $BTC WILL BE THE START OF MEGA BULL!#Bitcoin we can see that the mega bull started after the 8th candle (731 days) opened from the bottom in the 3M time frame.
📌731 days between January2015 and January2017
📌731 days between October2018 and October2020
📌731 days between October2022 and October2024
The real shakeout for Bitcoin still hasn't happened yet."If the final shakeout occurs, it will destroy altcoins.
Warning: don’t try to catch the bottom.
First, assess the market trend before making decisions.
Market makers will likely plan to mislead traders and pump the market. Protect yourself from getting hurt."
The real shakeout for Bitcoin still hasn't happened yet."If the final shakeout occurs, it will destroy altcoins.
Warning: don’t try to catch the bottom.
First, assess the market trend before making decisions.
Market makers will likely plan to mislead traders and pump the market. Protect yourself from getting hurt."
Will History Repeat? Bitcoin’s October Rally Incoming?#Bitcoin Monthly Chart!
Bitcoin's monthly chart looks similar to last year.
Last October, after a period of sideways movement, Bitcoin made a strong upward move. Could the same thing happen again?
Is a big move coming soon? 👀
#Crypto #bullrun #Altseason
CRYPTOCAP:BTC BITSTAMP:BTCUSD BINANCE:BTCUSDT
BTCUSD Bullish Trend Confirmed by Double BottomIn the current BTCUSD chart, we can clearly observe a double bottom pattern, a classic bullish reversal formation. After touching a strong support zone around the 61,000 USD level (highlighted in green), Bitcoin's price bounced back and formed a lower peak before returning to the support zone once again to create the second bottom. This indicates strong buying pressure at this price level.
After completing the double bottom pattern, the price broke above the moving averages and continues to rise, currently trading around 65,848 USD. The current trend suggests a potential test of the key resistance zone at 71,511 USD (marked by the dashed line).
Forecast:
If BTCUSD can break through this resistance zone, the price may continue its upward momentum, potentially reaching targets around 74,000 USD and higher.
However, it's important to note the possibility of a short-term correction upon hitting the 71,511 USD resistance zone before continuing the upward trend.
BITCOIN long setup / Bulls or Bears, Tell me in CommentsBINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Traders
💥Long position on BTC
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
63,900
64,500
65,300
66,150
67,000
🔴SL:
60,100
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.