#Bitcoin Update+ Risk Check, Are you safe?12 days ago, BTC Daily faced rejection, whereas the 6-hour chart appears stable. Currently, the price is hovering at the support level. However, come Monday, the situation could shift, regardless of the direction.
If Bitcoin rallies to the lower support in daily, will your position remain secure?
If not, you may be overexposed!
Many new traders make this mistake routinely, ultimately becoming targets for liquidation engines.
I recognize that these dips, if they occur, present opportunities.
I understand that I might not be able to time the exact bottom perfectly, so I take action by laddering in and increasing my exposure during downturns.
I am holding a few leveraged positions with low leverage, and I plan to do the same.
It's very important to manage risks when the Altcoin market is about to go parabolic!
#bitcoins #AltcoinGems
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Thank you
#PEACE
BTCUSDTPERP
#BTC has a chance to form an ascending triangle📊#BTC has a chance to form an ascending triangle👀
➡️Yesterday, we broke through the main resistance area after rising according to the double bottom structure, but fell sharply without achieving the ideal goal. So, will we be bullish or bearish next❓
🧠From a graphical perspective, we have the opportunity to form an ascending triangle. The probability increases after breaking through the short defense point, and is established after breaking through the inflection point.
➡️From a structural perspective, we are currently in a short structure of a small double top. If the decline continues according to this structure, achieving the goal of this structure means falling below the bull defense point. This means that there is a chance that the big double top bearish structure will be established.
➡️So all we need to do now is be patient and wait.☕️
As the monthly close approaches, please remain patient and vigilant!⚠️
Don’t forget risk management💯
✔️Trade safe✔️
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Bitcoin is Ready for PUMP to $69,000(at least)Bitcoin is currently moving near the Potential Reversal Zone(PRZ) , the lower line of the ascending channel , and the 100_SMA(4-hour TF) .
In terms of Elliott wave theory , Bitcoin seems to be completing wave C . The correction pattern is Zigzag(ABC/5-3-5) .
In terms of Classic Technical Analysis , Bitcoin is moving in a Falling Wedge Pattern .
I expect Bitcoin to rise to at least the Resistance zone($69,500_$68,820) .
Note: If Bitcoin manages to break the lower line of the ascending channel, we should wait for Bitcoin to attack the support zone ($65,730_$64,180).
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.
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#BTC/USDT 4 Hours Technical Analysis!#Bitcoin Short-Term Analysis
Bitcoin's price action (PA) is expected to be choppy in the near term, providing more consistent opportunities in altcoins. If you're trading with leverage, be prepared to see your positions fluctuate between gains and losses. Just take a look at the current price action.
Key Levels to Watch:
- Bullish Sentiment: Bulls need to hold the $66,888 level to maintain a bullish outlook.
- Support Levels: A break below $66,888 could see Bitcoin drop to the $62,300-$63,300 range.
Market Dynamics:
The more stagnant and boring the price action becomes, the easier it is for market makers (MMs) to manipulate the market.
Trading Strategy:
- Leverage Traders: Stay focused and cautious if you're trying to scalp.
- Spot Traders: Hold your positions and avoid making impulsive decisions.
My thought:
Amidst market turbulence, we stand firm since $16k, aiming for the long run.
Stay focused with me, distractions won't sway us.
I hope this helps.
Cheers!
Do hit the like button if you like it.
Thank you
#PEACE
BTCUSDT is at 4h resistance now, may experience some struggle The price has bounced from 4h support 4HS1 and now it has headed towards 4h resistance 4HR1. The price is currently trading inside this resistance zone. The price will face some struggle here and some pullback may be expected. Some momentum is there and the price has moved to this resistance 4HR1 from the support 4HS1 quite quickly. And therefore, any short trade I am not taking. We will look for a trade opportunity based on how the price reacts to this resistance zone.
📊#BTC next structural evolution🧠🤷Unfortunately, the long order we left yesterday was wiped out after the stop was moved up. But it doesn’t matter, it’s just a small profit.💰🍻
🧠At present, we have once again come to the contradictory interval, which is also called the unprofitable interval, so we choose to give up the long trading opportunity here.
➡️If we choose to break directly above the major resistance zone and successfully break out of the inflection point, then we will focus on the long trading opportunities after the pullback.
👀The best case scenario is that we can return to the vicinity of the buying zone and then construct a new long structure before entering a new long trade.☕️
⚠️Note that if we break below the bulls' defensive level, then we are likely to enter a deeper correction.📉
Don’t forget risk management💯
✔️Trade safe✔️
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BINANCE:BTCUSDT.P
Bitcoin's Post-Halving Surge: Is the Bull Run Here to Stay?Hi Realistic Traders, let's take a look into the technical analysis of BINANCE:BTCUSDT after halving!
Bitcoin has consistently held above its bullish trendline, rebounding from it three times. Recently, it has moved above the EMA90 line again, suggesting the trend could continue. A closer look at the price action shows Bitcoin breaking out of a falling wedge pattern with a bullish Marubozu candlestick. The MACD momentum indicator has shifted from the negative to the positive zone. All these technical factors support the potential for upward movement toward our first target at 79,173 or the second target at 71,415.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below
Bitcoin Analysis(More fall)After Mt. Gox moved $840 million in Bitcoin to a new wallet , Bitcoin started to fall.
Bitcoin has managed to break the lower line of the ascending channel .
According to the theory of Elliott waves , it seems that the next corrective waves have started .
I expect Bitcoin to fall at least to the Potential Reversal Zone(PRZ) .
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.
#Bitcoin Daily Update!BTC/USDT Technical Analysis!
🔹 Current Price: $68,390
🔹 Strong Support: $62,433
🔹 Resistance: $73,000
BTC closed with a red daily candle at $68398 and is still trading sideways.
It recently broke out of a symmetrical triangle, indicating potential upward momentum. This sideways PA is the reason why Alst are breathing green.
Watch for a break above $73,000 for further gains towards $81,000.
If it falls below $66,400, it may retest $62,433 level.
dyor, nfa
#Crypto CRYPTOCAP:BTC #bitcoinalpha
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#PEACE
📊#BTC is jumping up and down, what will happen next❓📊#BTC is jumping up and down, what will happen next❓
🧠From a structural point of view, yesterday we achieved the goal of the double bottom structure and saw a sharp pullback, which is very reasonable.
➡️From the perspective of wave theory, breaking through wave 4 means that wave 5 has ended.
➡️The end of the correction does not mean that it will continue to rise, and it can also evolve into a larger downward structure.
🧠If the weekly level adjustment has not ended, then we still need to be alert to the possibility of further adjustments after rebounding from here.
🧠If we continue strong above the inflection point, then the odds of us continuing the bullish trend increase, so if there is a nice pullback one can continue to take a long trade.
🔥At the same time, the short order we opened at the turning point has locked in the main profit, so no matter how the market develops, we are in an invincible position. Congratulations to all the friends who followed Wolf King to print money and received a generous return of nearly 600%.💥💰🍻
Don’t forget risk management💯
✔️Trade safe✔️
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BINANCE:BTCUSDT.P
📊#BTC complex consolidation stage how to deal with❓🧠Yesterday, after the bearish head and shoulders structure was established, we entered the market to go short at 69134. However, according to the structure at that time, it may also evolve into a bullish cup and handle structure. Therefore, in order to prevent this possibility, we moved the stop loss down to 69158. But it was eventually swept away and ended with a slight loss.🤷
➡️It was reasonable for us to perform complex consolidation in the resistance area, but it was also very torturous. Therefore, we finally gave up the trading opportunity in this area and patiently waited for the price to reach the non-contradiction area and the neckline 38388 before entering long transactions. In the end, the market was as expected. A rebound occurred, so we locked in the main profit in time after the price reached TP1. Congratulations to the friends who followed Wolf King to print money and obtained a 159% rate of return.🎉
➡️From a structural point of view, the ideal target area of the double bottom structure constructed previously has not yet been realized, so we continue to maintain long-term trading. If we can successfully break through the inflection point, it means that the small double bottom structure is established, and we will have a high probability of Will go to the target area above.🙏🎯
Don’t forget risk management💯
✔️Trade safe✔️
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BINANCE:BTCUSDT.P
#Bitcoin could hit $156,000 by May 27 2025! Here's Why!!BTC is trading at %68500 as we speak.
These green boxes represent the price action after #BTC halvings. We've never seen a red year after a halving.
Bitcoin halvings are significant events, here are the percentages of Bitcoin's price increase one year after each halving event to date:
1. First Halving (November 28, 2012)
- Price at Halving: ~$12.35
- Price 1 Year Later: ~$1,037
- Percentage Increase: ~8,296%
2. Second Halving (July 9, 2016)
- Price at Halving: ~$650
- Price 1 Year Later: ~$2,520
- Percentage Increase: ~288%
3. Third Halving (May 11, 2020)
- Price at Halving: ~$8,800
- Price 1 Year Later: ~$56,000
- Percentage Increase: ~536%
4. Fourth Halving (April 19, 2024)
- Price at Halving:~ $65,415
- Expected Price (1 Year Later): $115,000 - $156,000
- Percentage Increase:~ 127% at $156,000!
This return is decent as compared to the previous rallies.
Looking at the bigger picture is crucial if you want to see significant changes in your portfolio.
If you like this content, consider bookmarking it and sharing your views in the comment section.
Thank you!
#Bitcoin
BTCUSDT at resistance and likley to head to 67.3k and 66.3kThe price is showing weakness here and seems to be inclined to go downwards. Here is a short idea based on this inclination. Next supports are 4HS1 and DS1. We take profit at 4HS1 which is the first support zone. The price may bounce there, and therefore we will reevaluate the price action there. The price may eventually then target DS1 subsequently which is a stronger support and provide very good support for the price. However, we focus on 4HS1 first and then we will reevaluate there about our next action.
BTCUSDT close to 4h support, likely to bounce towards 70kHere is a new long trade idea. The price got rejected from hourly resistance HR1 after bouncing from hourly support HS1 several times. However, on the last drop on this support, the price broke that support and went southwards. The price will likely bounce from 4h support 4HS1 and will create an opportunity for a long trade towards 4h resistance 4HR1. Lets see how it plays out. Let me know what you think in comments.
📊#BTC Bearish Head and Shoulders📉📊#BTC Bearish Head and Shoulders📉
🧠The downward trend line is broken, which means that wave 5 has ended, that is, the previous adjustment has ended. The end of the adjustment does not mean that the rise will continue, and it may also evolve into a larger downward structure.
➡️Structurally, we have a bearish head and shoulders formation near the sell zone, so we can expect a pullback. Since there is a double bottom structure below as support, we are still in the rebound stage, so the bearish head and shoulders here can only be expected conservatively.🙏
Don’t forget risk management💯
✔️Trade safe✔️
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📊#BTC reaches phased resistance zone⚠️🧠We rebounded after reaching the phased buying zone. At present, all the goals of the bullish structure of the small double bottom have been achieved, and there is an expectation of a callback. In addition, the response to touching the downward trend line is good, indicating that it has a strong support and resistance effect. The neckline is also considered an important resistance line, so we come to the multiple resistance zone. Only if we break out of this range will we see a strong move higher.‼️
➡️From a wave theory perspective, Wave 5 has not yet occurred, so there is an expectation of further declines.📉
Don’t forget risk management💯
✔️Trade safe✔️
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BINANCE:BTCUSDT.P
BTC bullish patterns are printed BTC / USDT
We can see BTC is finally starting to print bullish patterns
1st Pattern : Bull Flag
This is strong bullish pattern and will be activated once we breakout the upper purple resistance line
2nd Pattern : Inverse H & S
This potential pattern is still under formation
If this pattern plays out ..,then BTC could revisit 65k-62k to form the second shoulder before next wild pump &breakout
My view is bullish priority for BTC but the question is which scenario will playout ? are we going to make breakout directly or visit the lower levels first
Best of wishes
🚨Bitcoin will Fall by Failed Falling Wedge Pattern🚨❌ Bitcoin failed to break the 🔴 Resistance zone($65,700-$67,520) 🔴.
📈From the point of view of Classical Technical Analysis , the Failing Wedge pattern failed, and since if the reversal pattern fails , the pattern will have a continuing role , the Bitcoin fall is still expected.
🔔I expect Bitcoin to continue its downward trend after the rise to the lower line and 🟡 Potential Reversal Zone(PRZ) 🟡again.
❗️⚠️Note⚠️❗️: If Bitcoin touches $65,500 , the bullish scenario can change, I will talk about the importance of this number in the next posts .
❗️⚠️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.
#BTC/USDT Latest Update.#Bitcoin: I've said it many times, don't get distracted by short-term price action.
The price is likely to hit the $100k mark this bull run.
Don't give up when opportunities arise!
I'm still holding my longs on LSE:ONDO , NYSE:FET , CRYPTOCAP:DOGE , CRYPTOCAP:RNDR and $INJ.
CRYPTOCAP:DYDX Stop loss hit, considering a re-entry.
I will also accumulate long in $NEAR.
I'll be out for the day, but if anything important comes up, I'll post from my phone. Catch you soon.
Cheers!
Do hit the like button if you want me to post more Altcoin Trade Setups.
#PEACE
🗺️Bitcoin Roadmap🗺️⏰(15-minute time frame)⏰🌐 Bitcoin seems to have started to increase under the influence of Ethereum ETF news ➕ Inflows into Bitcoin ETFs hit $237 million on Monday .
🏃♂️ Bitcoin is currently moving near the 🔴 Resistance zone($73,780-$71,920) 🔴 and the Resistance line .
🌊According to the Elliott wave theory , Bitcoin seems to be completing microwave 4 of the main wave 5 .
🔔I expect Bitcoin to Attack the Resistance zone after the completion of micro wave 4 from the main wave 5 .
❗️⚠️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.
BTCUSDT likely to head down from hourly resistance around 68.3kHere is a short idea. The price has bounced several times from hourly support but is likely to break it on the next drop. The price may hit hourly resistance HR1 first before that and then reverse from there triggering our short trade. The price is likely to go down towards the target of this trade around 68.3k. Lets see where it goes.
📊#BTC reaches maximum resistance zone✔️🔥The market developed as expected. Although we did not participate in it, we have already made enough profits. This is how futures trading is. We must learn to miss opportunities. There are many opportunities in the market, and we cannot seize them all. As long as we seize them One or two chances to stay is enough.
➡️From a structural point of view, the weekly adjustment band may have ended. The end does not mean that it will continue to rise. Therefore, it is very dangerous to chase the rise in this area. Instead, it is reasonable to look for opportunities to try short selling. Unless we can break through ATH, a successful breakthrough means that new upside space is opened, then we should wait for a good callback to appear and look for buying opportunities in the new buying zone, and the new buying zone needs to wait for the market to build a new We will know the structure.
☕️Let's be more patient and wait and see.👀
Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
BINANCE:BTCUSDT.P