BTCUSD - What If SEC Extends The ETF Decision For Another YearEveryone seems to be sure that the spot ETF will come soon, I don't like following sheep herds, so this analysis is taking in consideration a possible extension in the SEC decision.Shortby ankhramsiswmriimn4
UNpopular opinion $BTC down $CME WOuld pay to be contrarian here. all momentum indicators are very much over extended but can run a bit more but i feel time is running out. everyone and their moms are now calling for 40k where were they at 26??? we got a perfect CME gap fill, almost seems to easy to long here which is why we short. and fade the general public. I find it also very improbable on a new rally into the halvening. Imo we go tag the bottom gap at 20,300 to ill the final gap on daily. and chad after the halvening. all shorts got liq/d on the last move. i can see this slow bleed out down to the right before resetting and everyone calling crypto a scam. Holler if ya hear me.Shortby sheffield305Updated 1
UPDATE - CHART ART- W1 C&H MET - W1 Gaps open at 62K & 40K - Several D1 gaps lower open - 29-32k LIKELY SUPPORT ON A PULLBACK - Watching upper yellow TL and 46-48K as next area for rejection & top formation. by MtGoxFX0
$BTC still keeps going, now what? $ETH lags.Here we go! Since our call on CRYPTOCAP:BTC , the #crypto went from 38k to 43k in 3 days. #BTC RSI broke out of the range it was in & to add some icing the $ flow looks pretty good. We're now at the top part of the price range we expected. May have to revise! #bitcoin looks as if it wants to keep going, 48k maybe? CRYPTOCAP:ETH is lagging, but that's normal. #ETH #ethereum by ROYAL_OAK_INC1
BTC1! on 6hr Time Frame Ascending TriangleBTC1! on the 6 hr time frame has an Ascending Triangle. "An ascending triangle pattern predicts a bullish breakout above the resistance area, typically around the time when the ascending line of the triangle would intersect the horizontal resistance line. Ascending triangles form due to of accumulation following a sustained uptrend." Next projected target on 6hr time frame marked of $43.65k then to $47.5k *On a separate note: Please note, the gap fill marked, if BTC pulls back, it could potential pullback to lower targets of $40.4k-$39.5k to Gap fill and consolidate. However atm, btc is bullish imo. :) What are your thoughts? Comment Below. :)Longby angelbaetrades0
Long Term Bullish, Short Term BearishNothing goes up straight forever. CME gap at minumum takes us back down to $39,600 area. A Correction back to the parabola we have created, takes us back to the the $35,500 area. Be Safe, Be Smart, Happy Trading!by Mental8BTC0
Can Bitcoin Hedge Against a Falling Dollar?Global inflation often signifies a weakening of global currencies. The question of whether Bitcoin can serve as a hedge against a depreciating dollar has gained significant interest among investors. Or should it still be the Gold? In this study, we will analyse the top 8 cryptocurrencies to determine which one is a more reliable currency hedge. Bitcoin & Its Minimum Fluctuation $5.00 per bitcoin = $25.00 BTIC: $1.00 per bitcoin = $5.00 Code: BTC Micro Bitcoin & Its Minimum Fluctuation $5.00 per bitcoin = $0.50 BTIC: $1.00 per bitcoin = $0.10 Code: MBT Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Education08:11by konhow1110
BTC1!I believe the pressure to allocate will continue to build until ETF decision (expected sometime first week of January) Locally, BTC1! starting to close above MID of the whole move. Unfilled gap at 46140 as well as 618 of the whole move at 48565 are immediate upside targets.Longby jhonnybrah0
BTC BANANNA BTC showing Bullish cup and Handle pattern with Huge orders at the bottom of the channel expect 5k move soonLongby UnknownUnicorn5004553Updated 1
Can BTC Test 45,000?Bitcoin futures (BTC) have emerged as one of the standout performers this year, showcasing a remarkable uptrend with gains exceeding 130% year-to-date. While debates continue regarding its fundamentals, there is no denying its susceptibility to macroeconomic influences and interest rates, positioning it as a risk asset. Bitcoins Characteristics and Recent Price Action BTC has often been considered a "leveraged" bet on tech stocks, maintaining a notable correlation with the Nasdaq 100. A recent surge in BTC coincided with a bottom in the treasury market, with technical indicators such as the 21-day EMA crossing above the 50-day EMA. This rally, fueled by October's Consumer Price Index (CPI) and Producer Price Index (PPI) numbers, indicated no increase in inflation. As we approach the year-end, the prospect of easier financial conditions presents a favorable outlook for Bitcoin and risk assets in general. Major Headwinds For Bitcoin: However, challenges lie ahead, including the Federal Reserve's summary of Economic Projections and critical job-related data releases, such as ADP Non-Farm, JOLTs, Unit Labor Cost, Avg Hourly Earnings, and Nonfarm Payrolls. The anticipated release of the Dot Plot in the Summary of Economic Projections will reveal the Fed's interest rate expectations, potentially differing significantly from market expectations and creating a volatile environment for BTC. While Bitcoin has had an impressive year, a decisive break and close above the significant 40,000-41,275 level will be crucial for sustained momentum, as we can then make our way to the 45,000 level. With the 21-day EMA crossing above the 50-day EMA, the 21-day EMA will serve as a key benchmark for major support. Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results. by Blue_Line_Futures2
Cryptocurrency Overview: BTC $42k Hello, crypto investor friends! 🌐 Let's take a look at the current situation in the cryptocurrency market and speculate a bit about the future. Bitcoin at its Peak: $42,000 📈 Currently, BTC is trading at $41,800, and although the majority of traders are opting for short positions, many signs indicate that the rocket is just getting started. There are no indications of correction yet. Bitcoin dominance is increasing as altcoins flow into BTC. I'm eagerly anticipating a correction that will reduce dominance and favor altcoins. Let's wait! 😊 Gold at its Peak: $2111 💰 Not only Bitcoin is on the rise. The price of gold on the global market has reached a historic high of $2111. This indicates a growing interest in unique assets that can serve as a distinctive solution for investors. Potential Scenarios 📊 Looking at charts, highlighted gap zones may become potential correction zones. It's important to consider that these could be very favorable prices, and the probability of reaching these levels is constantly decreasing, especially considering the long-term trend. On global timeframes, we observe a triangle pattern that may signal the approach of a cup with a handle. But instead of technical analysis, let's focus on liquidity zones and potential correction. Correction Zones and Gaps 🎯 Identifying gaps and liquidity zones on the chart, we can see how they roughly coincide. This can be a key element in decision-making about where to place limit orders. It's also crucial to consider a possible long scenario. Conclusion 🌟 The situation in the cryptocurrency market remains predominantly bullish. Invest wisely and don't forget about risks. Wishing you successful trades and profitable investments! 🚀by CHOWTRADE0
BTC trying to go PARABOLIC!!CME:BTC1! Since my last post BTC has done +40.77% so congratulations to all following my idea. It was such a sweet consideration: - major support - bullish divergence - rejecting the 200 - posting bullish trigger RESULT: 40.77% When you stay disciplined and execute your edge you can journal consistent wins. So where to next? CRYPTOCAP:BTC needs to hold and flip $40k for $45k and FWB:48K targets. When its bullish and printing a parabolic curve, look for an area of value entry ... any pull back that then holds. If you appreciate my efforts, spend half a second and give me a Boost! Thanks!! 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. by imr4nkh8nUpdated 1
Unfilled Bitcoin Wicks to the DownsideBased on the current price action and the unfilled wicks, a potential target for Bitcoin could be around 36k. This level represents a significant support level that Bitcoin has tested multiple times in the past. If sellers are able to break through this support, it could trigger a further decline towards 30k or even lower.Shortby CeeJay3_Updated 0
$BTC still range bound BUT shorts begin to pileGOOD MORNING! CRYPTOCAP:BTC is maintaining its trend very nicely. The RSI is still range bound. 1Hr #BTC does not show anything out of the ordinary. What is out of the ordinary are the increase in shorts lately. HOWEVER....... They're nowhere near the nose bleed levels from earlier in the year and at the end of last year. #Bitcoin moving higher could very well FORCE a nice pump. #cryptoby ROYAL_OAK_INC1
🅱️ Bitcoin | Normal Correction Expected!Here we have a nice and classic pattern on the Bitcoin Futures (BTC1!) daily chart. This pattern is a rising wedge which is predominantly bearish. When it shows up, it tends to predict lower prices. Bull volume peaked 16-October, more than 1.5 months ago. After this date, the daily trading volume has been dropping steadily. This signal supports the rising wedge as a bearish pattern. The RSI peaked 25-October while Bitcoin peaked 24-November and here we have a month long bearish divergence. The RSI has been trending lower since it peaked a month ago. This signal also supports a correction or down-move developing next. Finally, we have multiple gaps that were left open on the way up. These can work as a magnet for Bitcoin's price. Things can change and the charts signals can become invalid based on how the price changes. While the bearish signals remain in place, we keep a bearish bias. If the bearish signals are negated, we become bullish. We follow the market, we trust the chart. Namaste.Shortby AlanSantanaUpdated 313182
The ultimate growth of Bitcoin and its cascading fall!Bitcoin finally grows to 41200 and then it starts to fall! You can see the falling targets in the analysis! Shortby benyamin0134
$BTC slow climb to 40k areaGOOD MORNING! MIL:BTC is slowly creeping up towards the very important 40k level. #BTC volume is satisfactory on buys vs sells. #Bitcoin has been trending UP the red moving avg since Oct 16. IMO, keep eyes on RSI. Will have an idea by which side ends up breaking out. The money flow is still ok, for now. 40k area is very important. There will likely be some sort of pullback there.by ROYAL_OAK_INC1
HarmonicJust an idea.... Bearish ABCD pattern... possible rejection at 1.618 extensionShortby eyeshot71
$BTC still chugging alongRSI is good to see exhaustion, strength, and other signs. HOWEVER Like ANY indicator, it's just a HELP & should NEVER be the basis of a trade. Here's a perfect example....... Looked as if weakening but CRYPTOCAP:BTC keeps going & slowly gets closer to 1st target we called some time ago. RSI didn't break 50 & this is a HUGE win for #BTC bulls! #Bitcoin buys still > sells, seen easier on 4Hr chart.by ROYAL_OAK_INC1
BTC1!I can see BTC1! holding this juncture, and then simply rising up to fill last week's 38575 gap as well as test the upper bound of this channelLongby jhonnybrah0
BTC CRYPTOCAP:BTC 39K nPOC is hit, it can dip to 34K$ now We are in bull market again and CRYPTOCAP:BTC is bullish as long as it's above 31Kby PayneResidence115
BTC1!Pullbacks to lower and middle third of this channel have been good buys as price reverses higher in each instance Also, buyers aggressively front ran both 35365 and 33955, leaving both gaps unfilled Buying channel mid and targeting upper bound till it breaks seems wiseLongby jhonnybrah1