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Btcanalysis

🗺️Bitcoin Roadmap🗺️⏰(4_hour time frame)⏰✅Bitcoin broke the upper line of the classic Symmetrical Triangle Pattern a few hours ago. 🌊Regarding Elliott's wave theory , Bitcoin seems to have completed wave 4 with a Double Three Correction(WXY) in a symmetrical triangle. 🌊Currently, Bitcoin is completing microwave wave 3 of main wave 5 , which can complete around an All-Time High($73,777) ( or even a little higher ). 🔔I expect Bitcoin to start rising again to complete the main wave 5 after the pullback to the upper line of the symmetrical triangle and at least rise to the upper line of the Ascending Channel . ❗️⚠️Note⚠️❗️: If Bitcoin can break the 🟢Support zone($69,300-$67,800)🟢, the scenario will change and we have to wait for Bitcoin to fall further. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
13
BITCOIN is heading towards 100KBitcoin conditions are such that we see a triangle (or diametric) in an X wave. The price has formed a continuation pattern above a very important QML. This QM L corresponds to the monthly time frame As long as we are above the invalidation level and QM L and have not stabilized with a daily candle below this level, Bitcoin is very bullish. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
4
BTCUSDT.4HIn this 4-hour Bitcoin (BTC) to USDT (Tether) chart, we're seeing several technical indicators and tools applied to determine the market's trajectory. This includes the RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and multiple support (S1, S2, S3, S4) and resistance levels (R1, R2, R3, R4). The RSI is showing a value slightly above 50, suggesting a neutral to mildly bullish sentiment as it is not within the overbought (above 70) or oversold (below 30) areas. Meanwhile, the MACD is providing a bullish signal with the MACD line (blue) above the signal line (orange), indicating that upward momentum may be building. The price appears to be approaching a resistance level (R2) at approximately $73,390.70, which could act as a barrier to further upward movement. Should the price break above R1, it could suggest a continuation of the bullish momentum, potentially aiming for the next resistance level at R3 ($78,848.72) and beyond. On the downside, the nearest support level (S1) lies at around $63,369.35. This level, along with subsequent supports S2 ($60,618.19) and S3 ($56,064.14), could serve as areas where buyers might step in to prop up the price if a retracement occurs. Notably, the chart also shows an ascending triangle pattern forming, with the flat upper resistance line and the rising lower support line converging. This pattern often indicates continuation, so if I were assessing this chart, I’d be watching for a potential breakout above R1, which might be confirmed by increasing volume. However, trading within the triangle could continue until a breakout or breakdown occurs. Hence, it’s critical to monitor how the price reacts to these levels. A breakout accompanied by high volume would increase the likelihood of the move being sustained. In conclusion, while the chart suggests a potential bullish scenario, a trader must be prepared for any outcome, including false breakouts or reversals. As such, I’d have a risk management strategy in place, possibly setting stop losses below the latest swing low or support levels. It's also important to stay informed on the broader market sentiment and news that could impact Bitcoin's price.
by MarsSignals
Bitcoin- Are new ATHs still on the horizon in the near term?Since reaching the recent all-time high (ATH) near 74k in mid-March, BITSTAMP:BTCUSD has corrected to the 61k zone support and has begun consolidating thereafter. Despite significant volatility over the past three weeks, the overall outlook remains predominantly bullish, offering reassurance to medium to long-term holders. Furthermore, upon examining the daily chart, it becomes evident that this consolidation is gradually narrowing, forming a symmetrical triangle, which typically signals continuation. Additionally, following the breach below the interim support at 68k on Tuesday, the subsequent reversal has resulted in a Morning Star candlestick formation, while yesterday's NFP report provided further evidence of bullish momentum with a Pin Bar candle. At the time of writing, the price has returned to the 68k median level, showing determination to retest the 70k mark once more. To confirm a new upward trend, bulls will require stabilization above 71k, at which point, the measured target for the triangle pattern around 80k comes into focus. My bullish stance persists as long as the price remains above the 62k zone.
BITSTAMP:BTCUSDLong
by Mihai_Iacob
6
WILL THIS HALVING BE A TRAP FOR ALL THE RETAIL TRADERS?I have seen a lot of charts of BTCUSDT since its beginning and I have not seen BTC every made its ATH before halving even its price surged after a couple of months of the event of the halving. But as you can see in the chart BTC has made 2 extra all time high if we do not count the first surge because it was already expected because of the previous halving but it made a new ATH in 2022 and then again in 2024 on the year of the halving and at the time this near the halving event when as it should be marking its bottom. WILL THIS HALVING BE A TRAP FOR ALL THE RETAIL TRADERS? Where all the retail traders will be looking to hit 150k and make huge profits and then suddenly the institutions will hop into the market near 100k where everyone will be looking to buy they will sell all their BTCs and make the spot and futures traders lose their money becuase we have to face this reality somebody's loss is somebody's victory. This is how this goes, this is the rule of nature, whales stay alive by eating smaller fishes then them. This is just my theory and nothing more, it got into my mind when I saw all the previous pre and post halving data, all the last 3 halving data were same except for this one. The comment section is open for discussions, share your theories as well.
by OMGiTzREALHASSAN
2
BTC Symmetrical Triangle ! We go up or down ?Bitcoin has been consolidating within a symmetrical triangle pattern for the past 24 days. A breakout above the triangle's upper trendline would signal a continuation of the previous uptrend. This bullish scenario could propel prices the opening up the path towards the $80,000 target. Conversely, a breakdown below the triangle's lower trendline would indicate a bearish reversal. This could lead to a retracement towards the , with further support at $53,000. With Bitcoin nearing the apex of the triangle, a breakout is imminent, likely within the next few days. This heightened volatility presents both opportunities and risks for traders. It's important to emphasize that this analysis is for informational purposes only and does not constitute a recommendation to buy or sell Bitcoin. As always, conduct your own research and employ sound risk management strategies when making any investment decisions. Here are some additional factors to consider: Overall market sentiment remains bullish, with positive on-chain metrics supporting this view. Bitcoin's dominance has been rising, indicating a shift in investor preference towards BTC. The Fear & Greed Index is currently in the "Neutral" zone, suggesting a balanced market sentiment. While the technicals favor a bullish breakout, traders should remain vigilant and exercise caution due to the unpredictable nature of the cryptocurrency market. Disclaimer: This content is not financial advice. Please do your own research before investing in Bitcoin or any other cryptocurrency.
by Crypto-Oracle1
🚨Bitcoin Analysis🚨✅As I shared with you in previous posts, Bitcoin attacked the 🟢 Support zone($69,000-$67,800) 🟢 two times. 🏃‍♂️Bitcoin is moving in the 🟢 Support zone($69,000-$67,800) 🟢 and near the Support line . 🔔Based on Market Cap USDT Dominance% (USDT.D%) conditions, I expect Bitcoin to rise to $70,200 at most and then attack the Support line . The Rising Wedge Pattern is still Valid . 💡Bitcoin also seems to be completing a pullback to the lower line of the symmetrical triangle . ❗️⚠️Note⚠️❗️ : If Bitcoin can break the Resistance lines , we can expect a new All-Time High(ATH) for Bitcoin. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
9
BTC - Fortnightly Outlook - 01/04 to 12/04The bulls won! They pushed prices above their historic highs, and ETFs also performed remarkably well, backed by securities houses. A beautiful victory! But now, who will be the next opponent? Just like gold, is Bitcoin (BTC) fulfilling its role as a protective reserve? Given recent news, it appears so. Everyone is rushing into cryptocurrency, just like they rush into gold when things in the world seem to go off the rails. Curious, isn't it? Let's analyze the graph: Long term: There are no signs of a change in direction in the long term. The uptrend remains firm and strong, pointing towards new highs. Impressive, isn't it? The SETUP used does not indicate a weakening of this trend. Therefore, we do not expect abrupt corrections (or disasters) at the moment, unless something unexpected happens (lol) and the market decides to treat BTC as a punching bag (regulation, government interference, etc.). See the image below, with all SETUP targets achieved, including forming the “Golden Triple of SETUP”. Incredible strength! Mid-term: The dispute between bulls and bears continues. Sometimes bulls thrust their horns upwards, while other times bears lunge downwards. The corrective channel outlined previously is being respected, and there are signs that we may have an H&S (Head and Shoulders) pattern. Interesting, isn't it? An important warning: The bears appear to have set a trap for the bulls. The loss of the 66.5K range makes room for corrections up to 42K. For this to happen, prices just need to start working below 70K, especially if this week's candle closes below that level. See the image below. Short term:I leave a beautiful image below for you to contemplate. Graphical analysis is really fascinating, isn't it? Do your analysis and good business! Be aware. If you buy, use Stop Loss. See also other graphical analyses. 📈🚀
INDEX:BTCUSD
by MacD_Bollinger
BTC- I'm still bullish but with some cautionIn my analysis of BITSTAMP:BTCUSD yesterday, I mentioned my expectation for a new all-time high from Bitcoin in the near future. However, during yesterday's trading session, the price once again failed to surpass the 72k mark, raising some doubts about my outlook. Firstly, after breaking above the 68k zone and retesting it, I anticipated a new local high. However, this didn't materialize. Secondly, the rise from 62k wasn't as impulsive as one had wanted. Considering these factors, while I remain bullish in the short term, I am closely monitoring the 68-70k zone. If we break below 68k, we can expect a continuation of the downward move, possibly even testing the support zone at 62k again.
BITSTAMP:BTCUSD
by Mihai_Iacob
12
BTCUSDT.4HIn this BTC/USDT chart, the overall structure is bullish, as indicated by the price being well above the Ichimoku Cloud. However, currently, the price action is showing some consolidation after a significant uptrend. The Ichimoku Cloud's span is wide, which usually represents a strong trend, but the price nearing the Conversion Line (blue) might suggest a short-term retracement or consolidation phase. The Lagging Span is above the price action and cloud, reinforcing the bullish sentiment over the longer period. The RSI is around 55, which is fairly neutral and gives room for movement either way without immediate overbought or oversold concerns. This is indicative of potential further upward movement if the market sentiment remains bullish. The MACD shows the histogram trending downward, and the MACD line is below the signal line, suggesting that the bullish momentum is currently weakening. A close watch is necessary here as this might signal the onset of a bearish phase or just a temporary pullback within a larger bullish trend. Key resistance levels are identified as R1 at 74084.32 USDT, R2 at 78848.72 USDT, and R3 at 82704.45 USDT. These are important barriers for the bulls to overcome to continue the upward trajectory. On the flip side, support levels are found at S1 (67238.06 USDT), S2 (60665.16 USDT), S3 (56202.15 USDT), if a bearish reversal occurs. My analysis suggests a cautious approach. The potential for continuation of the bullish trend is there, but the recent weakening momentum warrants vigilance. I would consider taking a long position if the price bounces off the Conversion Line with strong volume and an RSI that avoids the overbought territory. A close below the Cloud might shift my stance to bearish, considering short positions towards the nearest support levels.
by MarsSignals
3
Bitcoin- New ATH coming soon?In my analysis of BITSTAMP:BTCUSD from March 17th, I pondered whether Bitcoin's bullish trend should cause concern for its bulls. I concluded that there was nothing to worry about and highlighted the importance of the 62k zone, suggesting that buying within that zone would be advantageous. As anticipated, the price reversed precisely from that zone and even surpassed my initial short-term target of 70k. As of today, the price remains above the 70k mark, and I anticipate further upward movement. My current target is in the range of 78-80k, with yesterday's low serving as support.
BITSTAMP:BTCUSDLong
by Mihai_Iacob
5
BTC – Weekly Perspective – 03/24 to 03/31We are already in the last week of March, and it seems to me that the corrective process outlined in the previous analysis is about to happen. We are seeing prices losing strength and opening up margins for corrective drops. As I always mention in my analyses, the long-term chart does not indicate a change in direction, so the increase is still strong for this "time frame". When we reach the medium term, the SETUP used indicates that very short-term longs are slowly exiting their positions, and I realize that the 59.4K region is the point where they still tolerate remaining long in crypto, therefore, the loss This range will make these "adventurers" leave their positions and look for new purchases at lower levels, such as the 51.9K region. When looking at the short term, we are working within a corrective bearish pivot, and its strength at the moment is to reach the 59.5K region, where I call the GOLDEN TRIPLE OF SETUP. See the image below. Observation. The red lines are support points. The loss of it will cause prices to seek the white line and, consequently, the yellow lines. If prices reach the 59.4K region and fail to overcome the 62.5K region, this could be characterized as a rebound, and prices will tend to correct up to the value of 51.9K as shown on the weekly chart. Open your eyes!. Therefore, it is time to pay extra attention. Click here and see other graphical analysis on gold! Do your analysis and good business. Be aware, if you buy, use stop loss. See other graphical analyzes below.
INDEX:BTCUSD
by MacD_Bollinger
Bitcoin Increase in the Coming Hours🧐🏃‍♂️Bitcoin is moving near the 🟡 Potential Reversal Zone(PRZ)($63,000-$61,800) 🟡,the lower line of the descending channel and 🟡 Time Reversal Zone(TRZ) 🟡. 🔔I expect Bitcoin to temporarily rise to at least the upper line of the descending channel and then the 🔴 Resistance zone($70,600-$68,400) 🔴. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
46
Should Bitcoin Bulls Be Concerned?In my previous analysis of BITSTAMP:BTCUSD , I expressed my expectation for Bitcoin to reach a new all-time high, which indeed occurred as the price broke above 70k and sustained that level for several days. However, following a brief test around 74k, the price began to decline and fell back below 70k. Now, a crucial question emerges: Is this a change in the bullish trend? In my view, it is not. Even though the current price of BTC sits at 65k, I interpret this as a normal correction rather than a reversal of the trend. Technically, the situation appears clear and uncomplicated: the trend remains strongly bullish. Even if the price were to drop to the 60-61k zone, I believe there should be no cause for concern, rather a good opportunity to buy. This zone represents a convergence of factors: the trendline, a horizontal level established after the initial ATH, and a psychological level. In conclusion, what we are witnessing is a typical correction. Even a drop to 60k, constituting a 20% decrease, should not unsettle anyone, given the robust bullish trajectory observed since November 2023. Best of luck! Mihai Iacob
BITSTAMP:BTCUSDLong
by Mihai_Iacob
18