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Btcusdtanalysis

BTCUSDT at 4h support, likely to bounce towards 60000Here is a new long trade idea. The last trade got stopped out in spite of the price bouncing from the support we identified. The price has currently moved lower to a 4h support zone 4HS1 and likely to bounce from here to provide a long trade opportunity. If this support breaks then we are likely heading for weekly support WS1 around 51000. Since the momentum is on the downside and the current support 4HS1 is not that significant, I am keeping the position size small. The resistances on the way up are 4HR1, DR1 and WR1. For this trade, we aim for the first resistance 4HR1 and depending on how it reacts there, we can aim for DR1 with a partial position size. Lets see where we go from here. Let me know what you think in the comments.
Long
by angela_altair
(BTCUSD) needs positive momentumThe largest cryptocurrency in the world recorded its highest levels ever Expected scenario: continuation of the upward trend Bitcoin (BTCUSD) price trading stabilizes around the 70200 level after the rise it witnessed yesterday, and we notice that the Stochastic indicator is showing negative signs that hinder the price’s mission to continue rising, waiting to gather positive momentum that will contribute to pushing the price to resume the upward wave that targets the 73700 level as the next main station. We will continue to favor the upward trend for the coming period, relying on the positive effect of the previously completed double bottom pattern, while recalling the importance of stability above 68200 as a first condition for the continuation of the expected upward wave. The largest cryptocurrency in the world recorded its highest levels ever The prices of the digital currency "Bitcoin" fell during trading on Friday as part of a process of breathing and profit-taking, and under the pressure of the continued rise in the levels of the US dollar ahead of the release of important economic data from the United States. The largest cryptocurrency in the world, “Bitcoin,” provided the best quarterly performance in a year during the first quarter of this year, and recorded earlier in March trading its highest levels ever, thanks to financial flows linked to funds traded on American stock exchanges. Throughout the trading of the first quarter of this year, which officially ends at settlement today, next Sunday, Bitcoin prices have so far risen by more than 65%, on the verge of achieving the second quarterly gain in a row, and the largest quarterly gain since the first quarter of last year. . On Thursday, March 14, the largest cryptocurrency in the world recorded its highest levels ever at $73,794, thanks to record flows into the market and successive regulatory approvals in most parts of the world, and after Micro Strategy announced the second largest A purchase you have been making since you started owning Bitcoin approximately four years ago
BITSTAMP:BTCUSD
by Evar_Mayi
4
Bitcoin is Ready to ⚔️Attack⚔️ to Heavy Support zone🏃‍♂️ Bitcoin is moving near Support lines . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed microwave 3 of the main wave 3 and is currently completing microwave 4 of the main wave 3 . 🔔I expect Bitcoin to start Going down from the 🔴 Resistance zone($62,940-$62,540) 🔴 and attack the 🟢 Heavy Support zone($61,100-$58,700) 🟢. ❗️⚠️Note⚠️❗️ : The lines of possible waves are hypothetical , and waves can be formed in other ways . ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute 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
25
Bitcoin ; the pathway Evening folks, mastershark here , what a nice day it was ! After uncountable rainy days in Manchester we needed a sunny one deffo haha . Wanted to share what’s in my mind with bitcoin , first of all i have to start a bit British ( which im not ) if you wanted to hold and you already thinking about selling just after halving you are a c*** lad and you’re gonna regret it one day . Come on !! its your lifetime chance and you gonna secure a happy spot in the top by only BUYING in the deeps not selling ! Back to the chart ; There’s a three major support in the picture; all we need to see whats going on is in the scene, at the top you see a orange one which I consider monthly and two weekly green one which i think you dont need the bottom one , there’s a orange line aswell which is a weaker support in my idea , now whats gonna happen ? There’s two scenarios in my mind , first one is that we will play around orange support box for some weeks and at the end of the month we will have a close above the support and then the main bullrun starts . Second senario is that we close this month red and the next month we touch 48k or even the green box support in the middle and then we set off and start the bullrun . In conclusion i think this month is a hell no for trading , secondly i think this month and the next one are the ultimate chance for bearish mindset and definitely end of this one or next two will be start of the bullrun ( jun-July) So use the opportunity and secure some fat bags , will see you at the top . Stay safe fam
INDEX:BTCUSD
by mastershark
1
🗺️Bitcoin Roadmap🗺️⏰(15_minute time frame)⏰🏃‍♂️ Bitcoin is moving near Potential Reversal Zone and Support lines . 🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing wave 5 . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔 I expect Bitcoin to reach at least the 🎯Target🎯 I specified on the chart. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute 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
11
🚀Bitcoin Is Ready to Go Up Again🚀🎉Hi guys, I hope that you have a great weekend . 🏃‍♂️Bitcoin is moving near the 🟢 Support zone($63,370-$62,790) 🟢. Also, Bitcoin managed to break the Resistance lines and is currently completing the pullback . 🌊According to Elliott's wave theory , Bitcoin seems to have completed wave 3 and is currently completing wave 4 . 🔔I expect Bitcoin to rise to at least the Potential Reversal Zone and upper Resistance line . ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute 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
39
🗺️Bitcoin Roadmap🗺️⏰(15-minute time frame)⏰🏃‍♂️Bitcoin is moving in the 🔴 Resistance zone($65,700-$64,500) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 4 in the 15-minute time frame . 🔔I expect Bitcoin to Drop again and break the 🟢 Support zone($63,370-$62,790) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute 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
41
Bitcoin Bull FlagCME:BTC1! Possible Bull Flag on CRYPTOCAP:BTC Measured move approx 96400. Could we get a Fakeout as the ignition for this move. Post Bitcoin Halving ... markets look just as exciting. Aggressive entry on candlestick currently printing (not closed on D) Always have Plan A and Plan B and manage Risk. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
CME:BTC1!
by imr4nkh8n
Bitcoin Is Ready to Fall⏰(1-hour time frame)⏰🏃‍♂️Bitcoin is moving near the Resistance line , 50_SMA(Daily) , and slightly above the 🔴 Resistance zone($66,050-$64,520) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Double Three Correction(WXY) . 📈From the point of view of Classical Technical Analysis , it seems that Bitcoin has managed to form a Symmetrical Triangle and Rising Wedge Patterns so that the lower line of the Rising Wedge Pattern is currently broken. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect Bitcoin to start falling after breaking the Support lines(weak) , at least until one of the Fibonacci lines . 💡To have a better view of Bitcoin , I suggest you look at the post below (4-hour time frame) .👇 ❗️⚠️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.
Short
by pejman_zwin
19
BTCUSDT at daily support, likely to head to at least 66500We expcted a pullback from 4h resistance 4HR1 and thats now a reality. The price has been rejected from 4HR1 and now it has come down to the daily support zone.Our decision to take profit at 4HR1 and then look for long opportunity on pullback was a optimal one. According to my mention in the last post, I am sharing the setup for the new long opportunity on this pullback.The price is likely to bounce from here and head towards 66500 zone at least. Lets see where we go from here. Let me know your thoughts in the comments.
Long
by angela_altair
Bitcoin halving: Why it’s important for BTC scarcityGood day, traders The Bitcoin Halving has happened again. ~1st Halving (Nov 2012): BTC price was $12.0. It reached its highest price ever at $1163. ~2nd Halving (July 2016): BTC price was $638.51. Then, it skyrocketed to a new all-time high of $19333. ~3rd Halving (May 2020): BTC price was $8475. It later surged to a new record of $68982. ~4th Halving (April 2024): BTC price is now $63839. What will the new all-time high be? What's different this time around? 1. A Bitcoin Spot ETF is in play. 2. Big institutions and investors are jumping in. 3. More people are aware of cryptocurrencies. 4. Governments are making new rules for cryptocurrencies. 5. Cryptocurrencies like Bitcoin are being accepted globally. Let's get to the topic Bitcoin's halving is a critical event that helps establish Bitcoin's value as a digital asset. It reduces the rate at which new Bitcoins are created, enhancing its scarcity and potentially positioning it as a reliable store of value for the digital era, more fluid than real estate or gold. In the most recent halving, which occurred at the 840,000th block, the reward for mining a new block dropped from 6.25 BTC to 3.125 BTC. This reduction in mining rewards means that fewer new Bitcoins are entering circulation, making existing Bitcoins more scarce. Karim Chaib, CEO of crypto platform Dopamine App, explains why this matters: "Scarcity is a basic economic concept that impacts asset value. By design, Bitcoin becomes scarcer over time due to the halving events, which decrease its supply at a predictable rate." Bitcoin's halving is built into its code and occurs approximately every four years, or every 210,000 blocks. The first halving was in 2012, when the reward went from 50 BTC to 25 BTC per block. Since then, the reward has halved again in 2016 and 2020, and now stands at 3.125 BTC per block. This predictable scarcity sets Bitcoin apart from assets like gold, which can become less scarce over time as technology improves mining efficiency. Bitcoin, with its fixed supply limit of 21 million coins, is designed to be immune to inflationary pressures. In summary, Bitcoin's halving events ensure its scarcity over time, boosting its potential as a valuable digital asset compared to traditional stores of value like gold. This is just for informational purposes. Thank you for reading.
INDEX:BTCUSDEducation
by CRYPTOMOJO_TA
BTCUSD Bullish Momentum Anticipated from Key Support LevelBTCUSD is currently exhibiting a Harmonic Pattern (XABCD) on the 4-hour time frame. This pattern is characterized by distinct price swings that form geometric structures. As per our analysis, the pattern is nearing completion, with Point D aligning with a crucial support level. Trendline Analysis: In conjunction with the Harmonic Pattern, a trendline has been identified, further reinforcing our bullish outlook. The convergence of the Harmonic Pattern and the trendline at Point D enhances the significance of this level as a potential entry point. Trade Setup: Entry: Long position entry is recommended at 64690, reflecting our anticipation of a bullish momentum shift from Point D. Stop Loss: To mitigate downside risk, a stop loss is advised at 59600, safeguarding against unexpected market fluctuations. Profit Targets: We have identified multiple profit-taking levels to capitalize on potential upward price movements: TP-1: 69760 TP-2: 74834 TP-3: 79870 Rationale: The technical setup indicates a favorable risk-reward ratio, with Point D coinciding with a key support level and the formation of a Harmonic Pattern. This, coupled with the establishment of a trendline, strengthens the bullish bias. Conclusion: In summary, based on the analysis of the Harmonic Pattern formation and trendline dynamics, we advocate for a long position in BTCUSD with an entry at 64690 and stop loss at 59600. Profit targets are set at 69760, 74834, and 79870, reflecting our expectation of a bullish trend continuation from Point D. As always, prudent risk management is advised to navigate market volatility effectively.
BINANCE:BTCUSDLong
by trading_jupiter
BTCUSD:65000-67000 short, 61000-58000 long Support is around 63000-62000, and the small-level chart now shows that bears have a greater advantage, so the trading view is to go short first. If the support is effective, you can go long. If it falls below, look at the 60600-58800 range, with strong support around 57200. In the 4h chart, some indicators need to be repaired, so if it falls below 61,000, the risk factor for long transactions in this range is relatively low. The main trading range is: 65000-67000 short, 61000-58000 long
Short
by Allen_Ex
1
Bitcoin is Ready to Attack to Support zone⚔️🏃‍♂️Bitcoin is moving near the 🔴 Resistance zone($71,350-$70,900) 🔴 and seems to have broken the Support line . 🌊According to the theory of Elliott waves , Bitcoin seems to have successfully completed the Zigzag Correction(ABC/5-3-5) . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 📈If Bitcoin's downward momentum is high , there is a possibility of forming a classic Double Top Pattern . 🔔I expect Bitcoin to ⚔️ Attack ⚔️ the 🟢 Heavy Support zone($69,300-$67,500) 🟢 once again. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute 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
34
BTCUSDT to bounce from 4h or daily supportWe expected a pullback of the price after it broke to the upside and went beyond bit our target. Now the pullback is slowly maturing and coming to the targets from where it can bounce. Therefore, lets get ready with the relevant levels and the trade setups for long. I have marked two support levels which is attracting the price on this pullback. The first one is 4h support 4HS1 from where a bounce is likely. In case the price wants to go southward a bit further on this pullback then the next support is daily support DS1. That level will definitely give a long trade opportunity. Therefore, I will take some amount from 4HS1 and will add at DS1 in case the price moves a bit more southward. Lets trade it and see where the price leads us.
Long
by angela_altair
2