BITCOIN showing corrective movement while falling.BITCOIN showing corrective movement while falling. falling wedge pattern can be shown in Daily chart. we can see an untrend movement in upcoming sessions Bitcoin may test the resistance level of 30000.Longby TraderAishDXBUpdated 26
Bitcoin to 50k before 2024Bitcoin is looking strong with the move above 30k. I think as long as ~27k holds, and even better 30k, this thing is headed to 50k by year end. That may change if the 10 year yield moves up to 4% again, but if it stays around the 3.5% level where it's at now, or moves lower, it is a tailwind for bitcoin and precious metalsLongby inanis_1
BTC Q2: Two Potential ScenariosBased on the high liquidity zones you've mentioned and the current Bitcoin price of 30k, here are two potential scenarios for Bitcoin's price movement over the next 90 days: Scenario 1: Consolidation at a Lower Price (around 20k) In this scenario, Bitcoin could face increased selling pressure, causing the price to drop. This could be triggered by a combination of factors such as negative regulatory news, macroeconomic uncertainty, or a general shift in market sentiment. As the price moves down, the liquidity zones of 24-26k and 19-21k may act as potential support levels. If the selling pressure continues and the 19-21k support level is broken, Bitcoin may further consolidate around the 20k price level. This scenario may also see periods of short-term price rallies, but with an overall downtrend dominating the 90-day period. Scenario 2: Consolidation Underneath 33k In this scenario, Bitcoin might experience a period of stabilization and consolidation, with a possible upward movement towards the 32-36k liquidity zone. This could be fueled by positive news, increased institutional adoption, or favorable macroeconomic factors. However, due to the high liquidity in the 32-36k zone, strong resistance might prevent Bitcoin from breaking above 33k. In this case, Bitcoin could oscillate within the 30k to 33k price range for an extended period, establishing a new consolidation zone underneath 33k. Please note that these scenarios are speculative and should not be considered financial advice. Cryptocurrency markets are notoriously volatile and can be influenced by various factors that are difficult to predict. Always do your research and consult a financial advisor before making any investment decisions.Longby I2COOL4SKOOL0
$BTC daily volume mediocre, Weekly weak so farWe post TONs of CRYPTOCAP:BTC DATA However, every so often we post our OPINION, on April 6th we stated we were FULL long as we thought the move would be higher. Another good call on #BTC 30k not important, although round numbers tend 2b Daily volume was MEDIOCRE but let's see how #bitcoin does WEEKLYby ROYAL_OAK_INC0
BTCUSD, Full market review. BTCUSD Hello traders, welcome back to another market breakdown. In the Video above, I show how I breakdown the Bitcoin chart. I also, speak about the scenarios we could have. Trade safely, Trader Leo.Short13:31by Leo-btmUpdated 191923
CME - Showing Early Signs of WeaknessThis move has played out picture perfect. Please check out "BTC - Next Week Expectations" to see the prediction vs reality. Upon open of CME we created a gap that is currently around the low $28k region. If you have been watching CME you knows these gaps like to be filled. We are also finding resistance at overbought conditions on our 4H RSI (red circle). In our previous post we pointed out how we would most likely get a short squeeze and break our last micro high of $29.2k so whales could soak up all the liquidity from such a squeeze. So far we did break above that high and have seen the bullish momentum of price action start to stall in this zone (most likely longs getting trapped/ new shorts being filled). Price could remain bullish up until Wednesday and maybe even test close to the $30k region. Please be warned to use extreme caution with our opening price action this week. Looking for shorts in this range look more profitable than longs due to the overbought nature of the 3D and lower timeframes. by VIAQUANT2
$BTC breaking out on decent volumeCRYPTOCAP:BTC is breaking out on DECENT volume!!! Last week we said we expected a break of some sort this week. We did have a BULLISH bias! Let's see how it goes! FYI We need an uptick in volume for #BTC within the next few hours and a CLOSE above blue line for confirmation. by ROYAL_OAK_INC1
Bitcoin maintains trajectory, move VERY SOONCRYPTOCAP:BTC maintains the trajectory This will happen SOON: #BTC breaks RESISTANCE OR Red Moving Avg give way IF: Resistance breaks, Red dotted lines = targets MA breaks > Green Mov Avg > Green breaks > 25k > doesn't hold then likely gap fill = damage to bull but still hopeby ROYAL_OAK_INC1
The hole.This gap has given a headache and it seems to be the one and only reason for this rally. Note the decline in futures volumes. The market demands a normal accumulation.by averkie_skilaUpdated 336
Bitcoin stuck for now, but should hold support on dipsDisclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site. Long02:01by The_STA225
BTC CME GAP at 20K?A CME gap refers to the difference in price between the closing price of a financial instrument (such as Bitcoin) on the Chicago Mercantile Exchange (CME) and its opening price when trading resumes after a weekend or holiday. Some traders and analysts pay close attention to CME gaps in Bitcoin, as they believe that these gaps may act as support or resistance levels in the market. However, it's important to note that not all CME gaps are filled, and that the market can move in unpredictable ways. That being said, CME gaps in Bitcoin have gained a lot of attention in recent years due to the cryptocurrency's volatile price movements. Traders and analysts often watch for potential gaps that may be filled in the future, and use this information as part of their trading strategies.by mwch786331
BTC could go to 35k and fill the gapHi there! I want to share my opinion with you which is about bitcoin futures (code: btc1!). As you can see from the chart, btc fall to and got support from fibonacci 0.786 level (18k) since Jun 2022. Then the price raised up and go down from previous low and resistance level 25k, and after FTX collapse btc broke the previous low level and hit a new low since 2020. And we all know but since Jan this year everything changed, btc raised rapidly and broke through the bottom, after the price broke the wedge and by the fomo and short squeezed, though many banks bankrupted but the price continued go up and created a new high since Oct 2022. Currently btc is trading near the resistance level and I expect that the price can go down from it and go to support level to retest previous high from the head and shoulders pattern. And I think btc can grow from the support level and break local high and reach the gap area which is also fibonacci 0.382 resistance level of 35k. Based on these reasons, I set up 2 targets located at lower edge of the gap $34500 level and fibonacci 0.382 resistance level $35700. This is my opinion, and I really hope it will be useful for you. This is not financial advice, always do your own research. Please support this idea by click the boost and comment, thank you ;) Longby YongTung232337
Which one?I think BTC is preparing for a big move Please tell me what do you think? Longby amirv_2002111
Bullish volume divergence on BTCBig bullish move coming soon on BTC. Target 25k-28k Not financial adviceLongby smartapproach1595Updated 0
Bitcoin distributionBitcoin distribution from the old books. This is a forgotten method of determining bottomsShortby NAKOV_TRADE1
04/04 Trade Setup: BTC [2H] Would love to see run of channel highs/big sweep of liqs above 30K. Would load 1/2 position here, and other 1/2 on Daily candle close back inside range Shortby PLAYBOYP4160
$BTC about to breakout or down in a few days$BTC is most likely going to MOVE BIG VERY SOON Unlikely it'll wait till next week, see red dotted line & blue line IF it isn't up, doubtful it'll be much lower. It will most likely be the GREEN MOV avg NEXT.by ROYAL_OAK_INC1
$BTC is going to be "squeezed" SOON + Weekly & Monthly dataDaily Chart 1 will give way It will be wither the Blue Resistance line above or the Red Mov Avg underneath We stated LONG ago that there was a chance $BTC could pullback before any move higher Weekly Chart #BTC not showing much Does have WIDENING BULLISH moving avg crossover Monthly Chart #Bitcoin trading above moving avgs #Cryptoby ROYAL_OAK_INC2
BTC CME Gap UpdateBTC There Was A CME Gap Around 28700$(This Week)! BTC Filled That Gap Today!by WhaleBijoy0
btc is in trouble it is not a financial advice ! i short btc x10 leverage from this level to $ 17k . i think after this echo bubble we run a new bull market GL to allShortby tradermamoti5
Long_Bitcoin CME futures_Wi think that bitcoin future goin to up, for +123 pattern in W.Longby Jorge_RMG0
Can $BTC break through MAJOR RESISTANCE?Would be shocked if $BTC breaks through this fast, not normal. But anything can happen!!! The blue area is EXTREME HARD RESISTANCE It provided a STRONG SUPPORT for way over a year #BTC is showing desire to break through We'll see, I could be wrong NOT DOUBTING, IMO it likely goes higher Just not this fast #bitcoin #cryptoby ROYAL_OAK_INC0
$BTC highest in a long time but looks tiredThe tiny $BTC RSI downtrend was broken yesterday BUT it still has LOWER highs over last week & since mid Jan IMO we have a good chance to push higher, we just had highest high in a long time today, but it will likely go a bit lower first #Bitcoin tests breakout area? #BTC shorts not much Again, am still a believer as we are out of bear BUT looks a lil weak atm #cryptoby ROYAL_OAK_INC0