Short idea on $BTC In the local setup, I see a good opportunity for execution, with a risk/reward ratio of 1 to 5, which is very favorable. However, the risks here are quite high, so I will enter with a small portion. Reasons for entry. Based on the structure, it’s clear that we are retracing to 0.382 or 0.618 and then heading down. You can check this yourself. Since my portfolio is long, I won’t have any significant losses. If we drop, I’ll reinvest part of it.Reasons for entry. Based on the structure, it’s clear that we are retracing to 0.382 or 0.618 and then heading down. You can check this yourself. Since my portfolio is long, I won’t have any significant losses. If we drop, I’ll reinvest part of it.
Btcusdbuy
BTCUSD H4 Analysis: rate cuts decision today big move expectedMy dear friend and fellow trader, I am writing to you today with great joy and pleasure.
BTCUSD H4 Analysis:
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
BTC buy📊Analysis by AhmadArz:
🔍Entry: 57,157
🛑Stop Loss: 57,288
🎯Take Profit: 59,524 - 61,206
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#BTC/USDT#BTC
The price broke the descending channel on the 4-hour frame upwards, but it is expected to retest the broken channel
As well as retest the 100 moving average again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 53400
Entry price 60200
First target 58900
Second target 57170
Sep 16,2024 short term bitcoin analysis Bitcoin has broken the falling trend channel in the short term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The currency is approaching support at 58000 points, which may give a positive reaction. However, a break downwards through 58000 points will be a negative signal. The currency is assessed as technically neutral for the short term.
BTC Bitcoin In-Depth Analysis and Trade Idea👀 👉 Navigating Key Market Levels with Bitcoin
Bitcoin (BTC) has broken market structure to the upside. On both the daily and 4-hour charts, we see a pullback into equilibrium, offering a potential buying opportunity. In this video, we dive into market structure, price action, and, most importantly, the trend. We also discuss how smart money has been targeting stop losses recently. The goal is to set up a trade that minimizes the risk of a stop run without compromising our risk-to-reward ratio.
*Disclaimer: The information shared in this video is for educational purposes only and does not constitute financial advice. Always perform your own analysis or consult a financial advisor before making trading decisions.* 📊✅
Bitcoin : 60K-80K New Range and 90-100K Projectile AnalysisRemember Today: If BTC futures break 61,766 in a week and stay above that line, we are looking at a new uptrend-sideway range between 60-80K between October - February 2024, and March 2025 if the trend has no rejection due to sentiment of the market is positive we will be looking 90-100K new range in history of BTC, should you take your position now and best of luck!
Bitcoin Daily TargetHere is the daily target to reach for BTC. I expect a possible range with a fake pump to let retails to long. Then, we will probably see a drop until the $57.200 area, where there is enough liquidity for Bitcoin. This is a magnet level, and I will DCA a short entry with an easy invalidation above $59.500
BTC Bitcoin Chart PredictionIf you haven`t sold the BTC top:
Now you need to know that the summer decline in Bitcoin's price, despite multiple ETF filings, can largely be attributed to the massive selling pressure from several key sources like Mt. Gox, Silk Road, FTX, and Germany.
This influx of supply overwhelmed the market, and there simply wasn't enough demand to absorb it.
I think that the purpose of these ETFs is likely to stabilize Bitcoin rather than drive its price up dramatically. They're designed to bring more legitimacy and structure to the market.
As for the technical outlook, the current formation of a falling wedge could indicate a short-term price increase. However, the expected retracement suggests that any near-term rally might be temporary.
Longer term, I think Bitcoin has the potential to break higher, especially with more regulatory clarity and broader adoption. Reaching $80K by the end of the year seems possible, but a lot will depend on macroeconomic factors and the broader risk appetite in the crypto space.
#BTCUSD 4HBTCUSD 4H Trading Setup
Buy Level: 55,600
Target Level: $66,000
The BTCUSD pair shows a promising upward trajectory on the 4-hour chart. A key buy signal is identified at the level of $55,600. This level represents a strategic entry point, aligning with current technical indicators suggesting strong support and potential for a bullish movement.
Once entered, the target level is set at $66,000, where significant resistance is expected. This target reflects a potential gain based on the current market structure and momentum.
Key Considerations:
Risk Management: Ensure proper stop-loss orders are placed to manage downside risk in case of market fluctuations.
Market Conditions: Stay updated on broader market conditions and news that might impact BTCUSD price movements.
Technical Indicators: Monitor key technical indicators such as moving averages, RSI, and MACD for any signs of trend reversal or momentum shifts.
This setup assumes favorable market conditions and is based on technical analysis; adjustments may be necessary based on evolving market dynamics.
BITCOIN- end of the bear market (triple bottom pattern?)btc consolidate descending triangle pattern in 3d chart
in addition to triple bottom (Its completion means confirmation of the bullish)
now we need breakout 61k (the 0.618 fibo level )
i expect btc will retest the 68k - 69k soon, remember that RES get weaker each time it's retested.
best regards Ceciliones🎯
#BTC/USDT#BTC
Bitcoin price is moving in a descending channel on the 4-hour frame and is largely adhering to its borders.
The price has touched the lower limit of the channel, which is considered a support area in green at $53,000.
The price is now 54,600, which is the entry point.
The price is expected to reach the upper limit of the channel at $56,730.
#BTC/USDT Weekly Update! $58k first!#BTC Weekly:
Closed red at $54,881. Holding the GETTEX:54K support is a positive sign in the short term. However, the price action seems incomplete, with substantial liquidity sitting around the GETTEX:48K and $43K levels (as mentioned in my previous article on BTC).
The key focus right now is maintaining the GETTEX:54K level.
If we lose this level on the daily chart with a confirmation candle, expect lower levels to be swept soon.
That said, as long as we hold the current level, we could see a retest of $58K to capture liquidity.
BTC Daily:-
The daily chart looks promising, as the price has bounced off the support, with a confirmation candle printing today.
Stay tuned, and I’ll keep this chart updated.
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Thank you
#PEACE