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BTC the expected movement BTC / USDT BTC still struggling to break the major resistance at 32k ,And with micro strategy news today about buying more BTC (which was local tops signal in past, the probability for correction increased) All eyes on Key level : 29.5k …losing this level will increase the chance to test 28-27k levels and from there we expect a bounce to new bullish wave to our old main targets Invalidation: losing 24800$ will invalidate the short term bullish scenario If you like short term updates support this idea by rockets (likes) and share with me your thoughts in comment section below ⬇️
by Babenski
58
Double Top? -> ₿ $30,715 Price may appears to be struggling at our daily resistance Level $30,715. Price action appears to having a difficult time maintianing Bullish Market structure and creating a Higher High on the 4Hr timeframe. In our recent publishing we were anticipating a pullback as we transitioned into the new Weekly Candle. We got that as price pulled back to our nearest daily support level at $29,901. Can't expect much as a trader after quite the sizeable move from 24.5K last week.
COINBASE:BTCUSDShort
by ShrewdCatfx
2
BTC Bitcoin long but Bear Trap Below 25117 I divide this analysis in 2 parts: I.Technical Bullish scenario Bearish scenario Please read it carefully. II. Fundamentals I. Technicals Scenrio 1 Bullish : SO HOPELESS THE MARKET LOOKS; btc HAS ENOUGH ROOM UPSIDE AND IMPORTANT SUPPORTS TO DEFEND: dISCRIPTION OF THE SYMBOLS: fOR BETTER VISUALISATION i HAVE MARKED THE ARROWS AND USED SOME MOJIS. GREEN IS bULLISH RED IS BEARISH In Scenario 1 currently the market is bullish. 12 and 10 weekly trend is bullish, Daily TF is bullish 4 H is bullish 2H is bearish The current price is at Low volume area of the monthly profile which means that soon more buyers try to push the price. BTC is not finding much sellers at this area. The importance of FED meetings and the news of the last days have led some to take profit takings, and also some sellers took loses, that increased the volume of Selling orders. BTC must break the trendline successfully and with big volume.At 26613 I am expecting a bounce,that shall lead the BTC back to 25924.( 51% Fib). A pullback at this price must lead the price up, and from 26408 I will Buy BTC again.Target will be 28732 and above. So that way I make sure that I have 3 confirmations: First BTC braks trendline 2nd BTC bounces of the resistance 3 rd the pull bakc ha low bearish volume and the bullish bars have increased bullish volumes. All conditions have to met. Otherwise waiting for an new oppurtunity. Vice versa if short trend begins. Scenario 2 Bear Trap Bullish If Bitcoin breaking 25117 The Sellers are still short and have been in losing positions will try to accumulate. At 23733 POC 3Months The Bulls will instead distribute .This Zone will be very agrresive and volatile, coppy on the same time. As the Weekly and 10W trend is still bullish I will try to find the optimal buy oppurtunities, meaning I will go long only. Key levels will be 24285 and 23733. This is definitely a bear trap zone, as we have low volume and very unusual technical correction of the market, which is significant that Big speculators take profits or try to scalp down /See the Troyan Horse Shill)! TH Sellers will increase their power if the bulls lose this zone. From there the price will drop to 22825 22075 20754. At 20007(The lat bullish defended zone the Buyers wil try to agressively Push up the market.(Green Buyers Green Arrows) Any drop in 19000 area, and specially below 19333 will maintain the bearish trend, and from there the bears will agressively sell and short the market. Sell the Key levels. II.Fundamentlas 1. Bitcoin price has been a topic of great interest and speculation in the financial world, with investors eagerly watching its price movements for potential opportunities. Recently, an interesting development has caught the attention of both seasoned traders and crypto enthusiasts alike. According to Mikybull Crypto, there is a long-term chart feature that, if it continues to hold, could potentially lead to a significant upside for Bitcoin (BTC). In his latest analysis, the popular trader highlighted encouraging signs on the BTC/USD weekly chart, suggesting the possibility of a remarkable 60% surge in value. This potential surge would catapult bitcoin price to an impressive point of approximately $40,000. 2-Long-Term Chart Signals Potential Upside For Bitcoin Price With Bitcoin still confined within a narrow trading range it entered nearly three months ago, traders and investors find themselves in a quandary when it comes to predicting short-term price targets. The day-to-day performance of the cryptocurrency has failed to establish a clear trend, leaving $30,000 as a formidable resistance level hanging overhead. 3.n contrast to the standard head-and-shoulders pattern, which typically indicates a solidified resistance followed by a downward trend, the inverse head-and-shoulders pattern is a bullish counterpart. This suggests that Bitcoin may be on the verge of a positive breakout. Bitcoin (BTC) investors witnessed a lucrative month in May, as the world’s most renowned cryptocurrency showcased its resilience and delivered robust returns. However, in the face of the changing market sentiment, a looming legal battle threatens to cast a shadow over these gains. The ongoing Binance lawsuit has sparked concerns among crypto enthusiasts, raising questions about the potential impact it may have on their investments and the overall crypto market. As investors weigh the significance of this legal battle, the fate of their hard-earned gains hangs in the balance, making it crucial to understand the potential ramifications and devise a strategic approach to navigate the evolving landscape of Bitcoin investment. Impact Of Binance Lawsuit This recovery comes at a critical time for Bitcoin holders, who may anticipate a decrease in the profits they would have otherwise accumulated throughout this month. The impact of the lawsuit and subsequent market turbulence is likely to influence the profitability of Bitcoin investments in the short term. As the month of June unfolds, Bitcoin’s performance will carry heightened significance, particularly as it marks the end of the second quarter of 2023. The SEC Has Started an All-In Political Battle Over Crypto The Securities and Exchange Commission’s lawsuits against Binance and Coinbase this week have set up a high-stakes battle that will engage all three branches of the U.S. government in a competition for power, determine whether the crypto industry will decamp the U.S. for good, and define the future of digital money. The SEC’s aggressive actions against Binance, the world’s biggest crypto exchange, and Coinbase, the biggest in the U.S., are a big flex, one that reveals the agency’s extraordinary discretionary power. In saying “we don’t need more digital currency” in interviews following the announcements, SEC Chairman Gary Gensler suggested he truly does want to destroy the crypto industry.
CAPITALCOM:BTCUSDLong
by DaveBrascoFX
BTC : Long($50,506) or short(17000) ?Technical Analysis: Bearish Analysis: Price is currently within a 3-day supply zone. If it breaks below $29,786.90, I expect a bearish trend with targets at $25,214 and around $17,000. Bullish Analysis: A bullish breakout occurs if the price surpasses the current supply zone, starting at $31,037. Targets for bullish momentum are $50,506 and $64,965. Personal Perspective: I personally anticipate a bearish move towards $17,000 based on trend analysis. Feedback and Updates: Your analysis as feedback is appreciated. We recommend you to follow TrendSailor everywhere for timely updates on new ideas, Forex/Crypto/Stock market pair ideas, and my daily trade results. Disclaimer : Please remember to consider the timeframe associated with each analysis to avoid any potential misinformation. It's important to note that all predictions I share are for my personal reference and educational purposes only. Any trades inspired by my ideas, whether posted earlier, today, or in the future, involve financial risk for which I will not be held accountable. Thank you for your understanding.
INDEX:BTCUSD
by UnknownUnicorn14930146
📺 Exhaustion through Weekly candle closeWe can observe a 25% pump after price created a Lower Low on the Daily timeframe at $25,128 ( 9 Days ago). The latter half of June has been quite exciting for Bulls. I suppose in March price did a 35% pump in 6 days. Anything can happen as we have seen in the past. Last time price was at this area it distriubted for a week before correcting 11% in 6 Days. 1Hr & 4Hr market structure has turned bearish and this current daily candle has not seen much upside. There has been a change of character since the blowoff +3.77% 1Hr candle printed during Friday's New York trading session. Bulls want the weekly candle to close above 30,329 in 28 hours. This would confirm very strong bullish pressure since we would close above medium term market structure highs created in April. I'm looking at a retracement to the most recent Daily support level at $29,901 through the end of this weekly candle. Looking for the weekly candle to create a larger top wick and pullback to the downside.
COINBASE:BTCUSDShort
by ShrewdCatfx
5 REASONS why BlackRock will make Bitcoin Rally!Last week, we had a huge development for crypto investors. Bitcoin really rallied… And the price rise, was largely based on BlackRock's application to establish a US Bitcoin Exchange-Traded Fund (ETF). BlackRock, Inc. is an American multinational investment management corporation, that serves clients in over 100 countries. . It is one of the world's largest asset managers with assets approximately worth over $9 trillion. Now BlackRock has a great track record when it comes to filing Exchange Traded Products (ETPs). They have had 575 successful applications out of 576 attempts. Now that BlackRock has applied for a US Bitcoin ETF, there are a couple of reasons why this could help boost the price and the value of Bitcoin. 1. It Boosts Bitcoin’s credibility An ETF application from a company as respected as BlackRock is definitely going to provide even more legitimacy and credibility to Bitcoin as an investment. This will attract more investors, institutions and companies to invest in the Bitcoin ETF, which will push the price up. 2. Easier to access Bitcoin If BlackRock’s Bitcoin ETF is approved, this is going to make it easier for both institutional and retail investors to gain exposure to Bitcoin. And they’ll be able to gain exposure to the coin without even needing to buy, store, and secure the cryptocurrency themselves. People prefer to trust trusts, right? Moving on… 3. More volume and liquidity for Bitcoin BlackRock will open the gates of even more volume for Bitcoin. In fact, the Bitcoin ETF would increase Bitcoin's liquidity by getting more participants to trade the asset. And when there’s more volume, demand and buying – we can expect higher prices for the underlying coin. 4. FOMO for other firms You realise that this will set a huge precedent for other trusts and firms. BlackRock's move could encourage other financial institutions to adopt and create their own similar Bitcoin products into their own financial systems. 5. More trust for Bitcoin I know this is a double-edged sword argument. But I believe Bitcoin should be regulated under legitimate and transparent authorities. Last year we saw how many cryptocurrencies buckled under low management. We saw how many firms were laundering people’s money and faking their own accounts to make them seem profitable. So, we tested the unregulated and decentralised system – and it failed horribly. With this Bitcoin ETF being adopted into BlackRock, we’ll see it being reviewed and looked over by the right authorities like the SEC. This will help provide a better safeguard for investors and will boost confidence in the asset.
OANDA:BTCUSDLong
by Timonrosso
1
$BTCUSD - MetaSignalsPro - NEUTRE👉 Mon plan d'action / Prochaine étape -------------------------------------------------- ⛔ Pas de trade pour moi dans cette situation ✔️ Possibilité d'un petit SHORT 🎯 Prochain objectif possible : 29 300 -------------------------------------------------- 📌 Unité de temps principale H1 -------------------------------------------------- 👉 TrendDOWN : ON ⌛️ Observer la rupture de la Ligne de Tendance en Temps Réel 🎯 Le Fibo 23.6 devrait être testé en premier 📌 Unité de temps supérieure H4 -------------------------------------------------- 👉 TrendUP - ON 👉 Sortie de la Ligne de tendance en Temps Réel : FAIT ⌛️ Probable PullBack dans le nuage bleu 🎯 29 300
BITSTAMP:BTCUSD
by MetaSignalsPro
$BTCUSD - MetaSignalsPro - NEUTRAL👉 My Trade Plan / Next Move -------------------------------------------------- ⛔ No Trade for me in this situation ✔️ Possible small SHORT 🎯 Next possible target : 29 300 -------------------------------------------------- 📌 Main Time Frame H1 -------------------------------------------------- 👉 TrendDOWN : ON ⌛️ Watch the breakout of the RealTime TrendLine 🎯 Fibo 23.6 should be tested first 📌 Upper Time Frame H4 -------------------------------------------------- 👉 TrendUP - ON 👉 BreakOut of the RealTime TrendLine: DONE ⌛️ Probable PullBack in the Blue Cloud 🎯 29 300
BITSTAMP:BTCUSD
by MetaSignalsPro
$BTCUSD - NEUTRAL for MetaSignalsPro👉 My Trade Plan / Next Move -------------------------------------------------- ⛔ No Trade for me in this situation ✔️ Possible small SHORT 🎯 Next possible target : 29 300 -------------------------------------------------- 📌 Main Time Frame H1 -------------------------------------------------- 👉 TrendDOWN : ON 🎯 Fibo 23.6 should be tested first 📌 Upper Time Frame H4 -------------------------------------------------- 👉 TrendUP - ON 👉 BreakOut of the RealTime TrendLine: DONE ⌛️ Probable PullBack in the Blue Cloud 🎯 29 300
BITSTAMP:BTCUSD
by MetaSignalsPro
BTC / Market Update !BTC / USDT Hello guys Sorry for the inactivity last 3 weeks BTC didnt make any significant move all this period it was a very calm market As you can see Price still respect the key levels in high time frame since my old idea We can see in my new chart a very clear falling wedge pattern, most likely it will breakout soon …the possible short term targets :27700$ - 28500$ - 29500$ - 31000$ Altcoins Market : Dominance of BTC is breaking out as shown in picture below ,So Theres no any benefits for new entry in altcoins as long as Dominance is like that We can make a new entry only if it turned to be a fakeout and strong rejection takes place unless that happen the waiting is the best thing we can do here for altcoins ) Don’t forget to support this idea by likes/rockets Share your thoughts in comments section below ⬇️
by Babenski
50
Bitcoin's Life Cycle Part 2 : Bull or a Myth ?In my previous post, I made it clear that Bitcoin had entered a downtrend, with an approximate target of $5K based on the data I analyzed within a 91-day timeframe. In this second part, we can observe the continuation of the downtrend, as evidenced by significant price breaks below a strong support level indicated by the grey box on a 34-day timeframe chart. For me, the rejection range lies between 41k and 62k. The confirmation point will be when the 2-day timeframe chart becomes overbought. Trade entry confirmation will only occur at a key breakout, and I will notify the precise entry point when it happens. Your valuable feedback is appreciated, and I encourage you to follow and get updates for my daily ideas in the Forex market for the selected currency pairs that I prefer to trade. Disclaimer : Please remember to consider the timeframe associated with each analysis to avoid any potential misinformation. It's important to note that all predictions I share are for my personal reference and educational purposes only. Any trades inspired by my ideas, whether posted earlier, today, or in the future, involve financial risk for which I will not be held accountable. Thank you for your understanding.
BITSTAMP:BTCUSD
by UnknownUnicorn14930146
BTC when will the breakout be LONG~please read~Hello traders🌍🆗 We have a possible cup and handle on the daily view ☕ We are currently in a descending structure that has been forming over the last month. Bitcoin price ascended to a sharp test of the top of structure ▶ We made a similar structure just upsidedown May of last year ⏬ I am watching 👀out to see if we reach 25k as a potential buy zone We could also go back up for a retest. What do you think?? Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. 🖖🎉🐶📈📉🤍 Jazerbay
COINBASE:BTCUSDLong
by jazerbay
4
BTC Bitcoin and the Wall Street-backed EDX Exchange LaunchIf you haven`t bough BTC on this Blackrock filing here: Then you should know that the recent launch of the Wall Street-backed cryptocurrency exchange, EDX Markets, is a significant development that signals growing acceptance and adoption of digital assets within the traditional financial industry. This event brings a bullish sentiment to the crypto market, indicating increased confidence from institutional investors. EDX Markets is specifically designed to facilitate safe and compliant trading of digital assets, offering clients distinctive benefits such as competitive quotes, liquidity, and a non-custodial model. By prioritizing best practices and establishing trusted intermediaries, EDX aims to alleviate conflicts of interest and provide a secure trading environment. The initial assets available for trading on EDX are the largest cryptocurrencies by market capitalization, including Bitcoin (BTC) and Ethereum (ETH), as well as Litecoin (LTC) and Bitcoin Cash (BCH). This selection showcases the platform's focus on the most established and widely recognized digital currencies, instilling confidence in investors. The entry of prominent financial players such as Schwab, Fidelity, and WisdomTree into the cryptocurrency space further strengthens the bullish case. WisdomTree Investments' recent application for a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC) reflects the growing market interest in this investment vehicle. With BlackRock's filing also fueling the discussion around Bitcoin ETFs, it is evident that established firms recognize the potential of cryptocurrencies as a legitimate asset class. In this context, my short-term price target for BTC is $31K. However, I maintain a bearish outlook for the overall year due to the ongoing Binance investigation and the lawsuit filed by the SEC. Looking forward to read your opinion about it.
Long
by TopgOptions
2