Bitcoin Weekly Script: Surge, Fall, Oscillate, then Moonshot!BINANCE:BTCUSDT Bitcoin is currently priced at 30051, with four consecutive weeks of horizontal movement at a high level with insufficient volume.
We still need a surge in trading volume to push the price.
I am more inclined to believe that with increased volume, the price will surge to around 34322, a typical market behavior to lure bulls!
Then the bears will exert their strength, gradually suppressing the price to the strong support level of 25175.
During the period when people are hesitating whether to be bullish or bearish, the market will oscillate, and the chips will be fully exchanged during this period.
Then, the bulls will lift the price sharply to the resistance level of 39600, completing a large cycle structure since the bottoming in November 2022!
Bitcoinmarkets
BTC Trading Range: Will Bulls Prevail?BTC remains confined within the range of 29500 and 31437.94. A significant price swing and closing on higher timeframes will signal either an upward or downward movement. Considering the recent trend leaning towards the upside and the breakdown of DXY, the likelihood of an upward move appears stronger.
bitcoin long setup bitcoin best long from value are low . poc
u can target up to value are high .
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
#Bitcoin - thoughts out loud #12Good evening, we are from Ukraine!
It is quite possible that the situation may develop in order to confuse traders, because flat movements in the market are quite a profitable business, but they have their own price that will have to be paid for their early decision. The reward will be an impulse movement after the accumulation/distribution is completed. I observe a sufficient number of locked-in traders who hope that the price will go in the direction of the desired take profit, but not everything is so simple and unambiguous.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin
BTBT- 500% YTD Pullback for Long EntryBTBT, a stock with cryptocurrency mining activities, has been on a long sustained trend up
this year of 500% reflecting the crypotcurrency recovery and resurgence. In the past week,
it has pulled back and is now setup for an entry. This stock is similar to RIOT and MARA but
with a lower price and market cap. It had been trending along the second deviation line above
the long-term VWAP anchored at the beginning of the year. The pullback to the first deviation
the line above VWAP allows for an opportunistic long entry. The ascending amplitudes of the K
/D line excursions on the MACD indicator are confirmatory for the bullish momentum. I will take
a long trade here expecting a 50-100% return over the slow trading of the remainder of the
summer. I believe this will further diversity the portfolio by exposure to the crypto sector.
bitcoin prediction1. 29800 Long
2. 28700 Long
3. 27900 Long
Trade with caution.
Lower the leverage.
The issue can be resolved by purchasing in thirds with a 5x leverage.
Why do we liquidate everything at once when the leverage is over 20x?
Let's receive feedback for me and grow together by learning patiently.
#Bitcoin - thoughts out loud #11Good evening, we are from Ukraine!
The current situation has several options. Market participants should expect both a long scenario and a price decline (in my opinion, this is more realistic) to test the supply with a subsequent markup of the asset. That is, the price has been in the range of 29500-31500 for 16 days, and next week will confirm whether it is accumulation or distribution. In any case, professional operators will arrange an artificial price reduction for the hike upwards (3 percentage points are marked on the chart). The instrument should show strength in price:
1)28700 - 28800.
2)26700 - 26800.
3)20700 - 20800.
If there is no activity of professional operators at these prices, it is possible that the price will fall even lower.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin
Urgent Notice: Bitcoin Price Dips Below SMA 50 and SMA 100As you may be aware, the Bitcoin price has recently dropped both the Simple Moving Average (SMA) 50 and SMA 100 below, indicating a potential shift in market sentiment.
The current state of the Bitcoin market demands our utmost attention and prudence. Acknowledging the significance of these indicators is crucial, as they often serve as reliable signals for assessing market trends. While we cannot predict the future with certainty, it is essential to exercise caution and evaluate the potential implications of these technical indicators.
In light of the Bitcoin price dipping below the SMA 50 and SMA 100, we strongly advise you to pause your trading activities temporarily. Taking a step back during uncertain market conditions can help protect your investments and minimize potential losses. By refraining from trading now, you can gain a clearer perspective on the market's direction and make informed decisions based on a more comprehensive analysis.
We understand that pausing trading can be challenging, especially when the market is filled with excitement and opportunities. However, it is crucial to prioritize risk management and the preservation of your capital. By temporarily halting your trading activities, you can avoid making rushed decisions driven by emotions and ensure you are well-positioned to capitalize on future opportunities.
As seasoned traders, we know that patience and discipline are the key ingredients to success in cryptocurrency trading. Taking a cautious approach during uncertain times demonstrates your commitment to long-term profitability and sustainability.
Please remember that this email serves as a friendly reminder, not as financial advice. It is always recommended to consult with a qualified financial advisor before making any trading decisions.
In conclusion, we urge you to take a moment to reassess your trading strategies and consider pausing your Bitcoin trading activities temporarily. Doing so can protect your investments and navigate the market with a clearer perspective. Remember, during challenging times, the most successful traders rise above the rest.
#Bitcoin - thoughts out loud #10Good evening , we are from Ukraine!
My vision of the situation is reflected in this agreement. I wish everyone who joins only success and take profit!
I will post the management of the deal if possible.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin
#Bitcoin - thoughts out loud #09Good evening, we are from Ukraine!
For further upward movement, you need to test the buyer plus withdraw liquidity.
Current action plan.
Do you agree with this development?
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
#Bitcoin
Bitcoin(BTC/USD) Daily Chart Analysis For Week of July 7, 2023Technical Analysis and Outlook:
This week, the coin retested our Mean Sup 29900 and is currently fluctuating unpredictably. The price will likely go up to finish Outer Coin Rally 31700, but there's also a chance it will drop significantly to Mean Sup 28700 before recovering.
bitcoin short idea hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
WHALES WILL GIVE BTC UNEXPECTED $32.8K BREAKOUTAfter the previous update where BTC did start from 25K and successfully reached the projected target of 31K as shown in the following link:
The same update we did share it before with breakout expecting from 25K to 31K.
Considering the technical view and the pattern structure, it is highly likely that BTC may experience an unexpected breakout to $32.8K, which is a significant level.
At this moment, based on our market view, there is no reason to expect a confirmed breakdown.
Our strategy is to monitor volume and structural increases, paying close attention to important volumes that influence market breakouts and breakdown trends.
In trading, it is important to understand that not every breakdown or increase is a confirmed one. It is a game influenced by whale activity, following the appropriate cycle based on technical analysis and market trends.
we expect with this update that there is a high chance BTC is going to enter a new whale increase that will bring the trend to 32.8 level, at the same time a very important level for the coming trend.
Most of the time whales want to get the right LIQ volume to enter with a breakout.
check the history of BTC and you will find many levels of this.
Please note that this information is not trading advice, and it is always recommended to conduct your own research.
Crypto Total Cap w/ BTC & ETH Adj Realized CapIn this quick idea we have a look at the total crypto market cap with BTC & ETH adjusted realized cap overlayed in the main pane. This chart uses both market and on-chain data.
Total Crypto Market Cap:
The red/green bars displayed
BTC
BTC Adjusted Realized Cap: The light gray line.
BTC Adjusted Market Top Projection: The light red line.
BTC Adjusted Realized Base: The orange line.
ETH
ETH Adjusted Realized Cap: The dark gray line.
ETH Adjusted Market Top Projection: The dark red line.
ETH Adjusted Realized Base: The yellow line.
Below the main pain we have the DB ZPS RSI (length 2) for the total market cap on a 4 month timeframe which shows the overall crypto market cycle.
On the bottom pain we have the DB ZPS RSI (length 2) for the total market cap on a monthly timeframe which shows the local cycles.
The aim of this idea is to show a clear picture of the total crypto cap with comparison to BTC and ETH realized cap timeframes. IMO this chart is interesting as it shows the cap cycles and displays the BTC to ETH cap and tops.
I hope ya'll find it useful! Cheers!
bitcoin prediction- I said I would take a short position if B rebounds near 31,000.
- Currently, B has rebounded more than expected due to the expansion flat,
and now only a drop towards Z remains.
- There is a possibility that Z could drop to 28,850,
which is 161.8% of the length of W.
My perspective remains the same.
Pigeon has taken a position in $SDIG Stronghold Digital Mining This is the one miner that has lagged against all others and I believe it's time is coming. Chart looks good momentum is behind it. During June 2023 SDIG energized the 2,000 Avalon 1346 mining rigs. They have a goal getting to 4eh/s by the third quarter of 2023. SDIG is extremally small compared to competition and considering it has revenue above its marketcap.
BTC LONGBitcoin Update:
Bitcoin's upward trajectory persists, and we have observed a pattern on our chart that suggests the potential for further growth. It is crucial to stay connected and keep an eye on our channel, which is pinned at the top, to receive the latest updates and insights regarding #BTC/USDT. The market is showing promising signs, and we are committed to providing you with valuable information to navigate this exciting journey. Stay tuned for more!
bitcoin prediction-The final Z-wave could be near 28855, which is 161.8% of the length of the W-wave.
-The current decline could occur as quickly as today or take up to 5 days to unfold.
-Taking into account the possibility of a B rebound up to around 31k,
one could consider holding back and potentially shorting near that level.
Bitcoin ETF and price after launchOn a chart I can't zoom out to show you 2 etf in 2013/14 but they are included in list. This is how price react in next few days, how price react in general after a few month you can see on a chart also!
BITSTAMP:BTCUSD
Sep 25, 2013 - The Grayscale Investment Trust ETF / -31%
Sep 30, 2014 - ARK Next Generation Internet ETF / -61%
Feb 18, 2021 - Purpose Bitcoin ETF (BTCC) / +14%
Feb 19, 2021 - Evolve Bitcoin ETF (EBIT) / -23%
Apr 20, 2021 - CI Galaxy Ethereum ETF (ETHXF) / -17%
May 11, 2021 - Bitwise Crypto Industry Innovators ETF / - 47%
May 24, 2021 - Simplify US Equity PLUS GBTC ETF / -13%
July 28, 2021 - Bitcoin Strategy ProFund Investor BTCFX / -6%
Sep 20, 2021 - First Trust SkyBridge Crypto Industry and Digital Economy ETF / + 60%
Oct 07, 2021 - Invesco Alerian Galaxy Crypto Economy ETF / +28%
Oct 07, 2021 - Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF / +28%
Oct 19, 2021 - ProShares Bitcoin Strategy ETF / -12%
Oct 22, 2021 - Valkyrie Bitcoin Strategy ETF / -11%
Nov 15, 2021 - VanEck Bitcoin Strategy ETF / -35%
Nov 15, 2021 - Global X Blockchain & Bitcoin Strategy ETF / -35%
Feb 07, 2022 - Valkyrie Bitcoin Miners ETF /
Apr 27, 2022 - AdvisorShares Managed Bitcoin Strategy ETF / -35%
June 21, 2022 - ProShares Short Bitcoin ETF / -10%
Sep 15, 2022 - Hashdex Bitcoin Futures ETF / -10%
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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