📊NEUTRAL: $BTC by Mihai_Iacob (4H)
#BTCUSD | #BTC | #Bitcoin
Current Price $61006.00
Market Cap $1205.65B
Change 1h +0.27% | 24h +1.83%
4-Hourly Indicators:
• RSI: 57 - Neutral 🟠
• MACD: 431 - Bullish 🟢
• EMA: 59838 - Above 🟢
Analysis:
Bitcoin has been in a downward channel since March, consistently forming lower highs and lows, indicating a persistent downtrend. This could be a correction within the broader uptrend from early 2023. To challenge the channel's resistance and possibly reverse the trend, Bitcoin needs to gather strength at current levels.
Price Targets:
Breaking out of the downward channel could push Bitcoin to challenge the resistance around $65,000. To hit new all-time highs, it must surpass the crucial $68,000 level. If the downtrend continues, support levels to watch are $57,000 and $50,000.
#BTCUSD | #BTC | #Bitcoin
Current Price $61006.00
Market Cap $1205.65B
Change 1h +0.27% | 24h +1.83%
4-Hourly Indicators:
• RSI: 57 - Neutral 🟠
• MACD: 431 - Bullish 🟢
• EMA: 59838 - Above 🟢
Analysis:
Bitcoin has been in a downward channel since March, consistently forming lower highs and lows, indicating a persistent downtrend. This could be a correction within the broader uptrend from early 2023. To challenge the channel's resistance and possibly reverse the trend, Bitcoin needs to gather strength at current levels.
Price Targets:
Breaking out of the downward channel could push Bitcoin to challenge the resistance around $65,000. To hit new all-time highs, it must surpass the crucial $68,000 level. If the downtrend continues, support levels to watch are $57,000 and $50,000.
📈LONG: $BTC by AlanSantana (1W)
#BTCUSD | #BTC | #Bitcoin
Current Price $60418.00
Market Cap $1192.76B
Change 1h +0.28% | 24h -1.80%
Weekly Indicators:
• RSI: 50 - Neutral 🟠
• MACD: 1683 - Bullish 🟢
• EMA: 59083 - Above 🟢
Analysis:
Bitcoin's bloodbath continues as we edge towards the low 40Ks, mirroring an earlier crash this month. The bearish consolidation from 2021 seems to be repeating itself, lasting about three weeks. The chart shows sustained pressure, indicating a potential further decline.
Price Targets:
Based on the chart, the immediate support levels are around $45,973.4, $44,012.1, and $42,500.0. If the descent continues, we could see Bitcoin testing the $40,000.0 and possibly $38,580.9 levels.
#BTCUSD | #BTC | #Bitcoin
Current Price $60418.00
Market Cap $1192.76B
Change 1h +0.28% | 24h -1.80%
Weekly Indicators:
• RSI: 50 - Neutral 🟠
• MACD: 1683 - Bullish 🟢
• EMA: 59083 - Above 🟢
Analysis:
Bitcoin's bloodbath continues as we edge towards the low 40Ks, mirroring an earlier crash this month. The bearish consolidation from 2021 seems to be repeating itself, lasting about three weeks. The chart shows sustained pressure, indicating a potential further decline.
Price Targets:
Based on the chart, the immediate support levels are around $45,973.4, $44,012.1, and $42,500.0. If the descent continues, we could see Bitcoin testing the $40,000.0 and possibly $38,580.9 levels.
📈LONG: $BTC by BallaJi (1W)
#BTCUSD | #BTC | #Bitcoin
Current Price $61069.00
Market Cap $1207.24B
Change 1h +0.28% | 24h +0.54%
Weekly Indicators:
• RSI: 51 - Neutral 🟠
• MACD: 1740 - Bullish 🟢
• EMA: 59130 - Above 🟢
Analysis:
With the DOLLAR facing losses, BITCOIN seems poised for an upward trend. The green arrows indicate potential bullish movements for BTC. Keep an eye on BTC as it continues to gain traction in the markets. Notice the strong correlation between a weakening dollar and BTC's rise.
Price Targets:
Current price at around $61,157.17, BTC could target around $70,000 if the trend continues. In case of a pullback, support near $57,865 should be watched closely. Long-term potential could see BTC reaching $100,000 considerably.
#BTCUSD | #BTC | #Bitcoin
Current Price $61069.00
Market Cap $1207.24B
Change 1h +0.28% | 24h +0.54%
Weekly Indicators:
• RSI: 51 - Neutral 🟠
• MACD: 1740 - Bullish 🟢
• EMA: 59130 - Above 🟢
Analysis:
With the DOLLAR facing losses, BITCOIN seems poised for an upward trend. The green arrows indicate potential bullish movements for BTC. Keep an eye on BTC as it continues to gain traction in the markets. Notice the strong correlation between a weakening dollar and BTC's rise.
Price Targets:
Current price at around $61,157.17, BTC could target around $70,000 if the trend continues. In case of a pullback, support near $57,865 should be watched closely. Long-term potential could see BTC reaching $100,000 considerably.
📉SHORT: $BTC by EliteTradingSignals (4H)
#BTCUSD | #BTC | #Bitcoin
Current Price $61298.00
Market Cap $1208.17B
Change 1h +0.41% | 24h +0.48%
4-Hourly Indicators:
• RSI: 58 - Neutral 🟠
• MACD: 406 - Bullish 🟢
• EMA: 60139 - Above 🟢
Analysis:
Bitcoin is in a clear downtrend on the 4H timeframe, as shown in the chart. A green candle from the previous week indicates a slight price increase, but bearish signals remain dominant, suggesting the potential for a short position.
Price Targets:
Immediate support is identified at $59,593. For a bearish move, consider shorting around $61,213 with targets towards the support level of $59,593. On the upside, look for resistance around $62,000.
#BTCUSD | #BTC | #Bitcoin
Current Price $61298.00
Market Cap $1208.17B
Change 1h +0.41% | 24h +0.48%
4-Hourly Indicators:
• RSI: 58 - Neutral 🟠
• MACD: 406 - Bullish 🟢
• EMA: 60139 - Above 🟢
Analysis:
Bitcoin is in a clear downtrend on the 4H timeframe, as shown in the chart. A green candle from the previous week indicates a slight price increase, but bearish signals remain dominant, suggesting the potential for a short position.
Price Targets:
Immediate support is identified at $59,593. For a bearish move, consider shorting around $61,213 with targets towards the support level of $59,593. On the upside, look for resistance around $62,000.
📉SHORT: $BTC by ProSignalsFx (6H)
#BTCUSD | #BTC | #Bitcoin
Current Price $62027.00
Market Cap $1224.54B
Change 1h +0.78% | 24h +2.70%
Current Indicators:
• RSI: 63 - Neutral 🟠
• MACD: 507 - Bullish 🟢
• EMA: 60045 - Above 🟢
Analysis:
Bitcoin is approaching a key resistance level at $64,000. A retest at this level might lead to a pullback. Current analysis suggests staying bearish in the short term as we anticipate a downward move.
Price Targets:
Look out for a possible dip towards our target of $61,000 if resistance at $64,000 holds. Follow for more ideas and stay updated!
#BTCUSD | #BTC | #Bitcoin
Current Price $62027.00
Market Cap $1224.54B
Change 1h +0.78% | 24h +2.70%
Current Indicators:
• RSI: 63 - Neutral 🟠
• MACD: 507 - Bullish 🟢
• EMA: 60045 - Above 🟢
Analysis:
Bitcoin is approaching a key resistance level at $64,000. A retest at this level might lead to a pullback. Current analysis suggests staying bearish in the short term as we anticipate a downward move.
Price Targets:
Look out for a possible dip towards our target of $61,000 if resistance at $64,000 holds. Follow for more ideas and stay updated!
📈LONG: $BTC by AlanSantana (1W)
#BTCUSD | #BTC | #Bitcoin
Current Price $63155.00
Market Cap $1244.51B
Change 1h +2.28% | 24h +4.86%
Weekly Indicators:
• RSI: 53 - Neutral 🟠
• MACD: 1900 - Bullish 🟢
• EMA: 59259 - Above 🟢
Analysis:
The Delayed Halving Effect is starting to show its impact on Bitcoin's price. With the next halving occurring in 2024, the market is gearing up for significant moves. Historically, halvings have led to bullish trends, and we can see some early signs of this already playing out.
Price Targets:
Considering these dynamics, Bitcoin is likely to test new ATHs. Key support levels are around $36,000 and $40,000. On the higher side, expect resistance at $178,061.94, $210,980.73, and potential peaks around $220,000.00.
#BTCUSD | #BTC | #Bitcoin
Current Price $63155.00
Market Cap $1244.51B
Change 1h +2.28% | 24h +4.86%
Weekly Indicators:
• RSI: 53 - Neutral 🟠
• MACD: 1900 - Bullish 🟢
• EMA: 59259 - Above 🟢
Analysis:
The Delayed Halving Effect is starting to show its impact on Bitcoin's price. With the next halving occurring in 2024, the market is gearing up for significant moves. Historically, halvings have led to bullish trends, and we can see some early signs of this already playing out.
Price Targets:
Considering these dynamics, Bitcoin is likely to test new ATHs. Key support levels are around $36,000 and $40,000. On the higher side, expect resistance at $178,061.94, $210,980.73, and potential peaks around $220,000.00.
📈LONG: $BTC by SignalProvider (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $64188.00
Market Cap $1267.47B
Change 1h -0.11% | 24h +4.89%
Daily Indicators:
• RSI: 58 - Neutral 🟠
• MACD: 37 - Bullish 🟢
• EMA: 61022 - Above 🟢
Analysis:
The 1D time frame for Bitcoin shows a bullish trend with an oversold sentiment. The market is currently testing a major structure at $64,226, suggesting a potential upward movement. This suggests a strong bullish move could occur soon.
Price Targets:
Considering the bullish sentiment, the forecast is for Bitcoin to move towards the next resistance level at $68,582. If the momentum continues, we might see Bitcoin reaching this target shortly.
#BTCUSD | #BTC | #Bitcoin
Current Price $64188.00
Market Cap $1267.47B
Change 1h -0.11% | 24h +4.89%
Daily Indicators:
• RSI: 58 - Neutral 🟠
• MACD: 37 - Bullish 🟢
• EMA: 61022 - Above 🟢
Analysis:
The 1D time frame for Bitcoin shows a bullish trend with an oversold sentiment. The market is currently testing a major structure at $64,226, suggesting a potential upward movement. This suggests a strong bullish move could occur soon.
Price Targets:
Considering the bullish sentiment, the forecast is for Bitcoin to move towards the next resistance level at $68,582. If the momentum continues, we might see Bitcoin reaching this target shortly.
📈LONG: $BTC by CryptoCheck- (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $63904.00
Market Cap $1261.80B
Change 1h -0.16% | 24h -0.67%
Daily Indicators:
• RSI: 57 - Neutral 🟠
• MACD: 263 - Bullish 🟢
• EMA: 61203 - Above 🟢
Analysis:
Bitcoin has finally broken out of a multi-month correction, indicating a bullish trend. The patience of traders seems to be paying off, as yesterday's action confirms upward momentum. With Elliot Wave patterns reinforcing the breakout, the charts are looking positive.
Price Targets:
Based on the current chart, the first support level is around $62,858.26. If the bullish trend continues, we could see Bitcoin aiming for higher targets like $66,000.00 and potentially up to $71,980.00 in the coming days. 🚀 Stay tuned for exciting times ahead!
#BTCUSD | #BTC | #Bitcoin
Current Price $63904.00
Market Cap $1261.80B
Change 1h -0.16% | 24h -0.67%
Daily Indicators:
• RSI: 57 - Neutral 🟠
• MACD: 263 - Bullish 🟢
• EMA: 61203 - Above 🟢
Analysis:
Bitcoin has finally broken out of a multi-month correction, indicating a bullish trend. The patience of traders seems to be paying off, as yesterday's action confirms upward momentum. With Elliot Wave patterns reinforcing the breakout, the charts are looking positive.
Price Targets:
Based on the current chart, the first support level is around $62,858.26. If the bullish trend continues, we could see Bitcoin aiming for higher targets like $66,000.00 and potentially up to $71,980.00 in the coming days. 🚀 Stay tuned for exciting times ahead!
📉SHORT: $BTC by AnabelSignals (5H)
#BTCUSD | #BTC | #Bitcoin
Current Price $64167.00
Market Cap $1267.17B
Change 1h -0.01% | 24h +0.01%
Analysis:
BTCUSD is currently testing a critical psychological level at $64,168, showing a bearish bias. The SuperTrend indicator and Pivot Point HL suggest potential price changes and reversals, hinting that the market may see a downtrend.
Price Targets:
With the bearish pressure mounting, a potential drop could target $62,000. Should the decline continue, the next target level would be around $61,000. Keep an eye on these price points for possible support or further declines!
#BTCUSD | #BTC | #Bitcoin
Current Price $64167.00
Market Cap $1267.17B
Change 1h -0.01% | 24h +0.01%
Analysis:
BTCUSD is currently testing a critical psychological level at $64,168, showing a bearish bias. The SuperTrend indicator and Pivot Point HL suggest potential price changes and reversals, hinting that the market may see a downtrend.
Price Targets:
With the bearish pressure mounting, a potential drop could target $62,000. Should the decline continue, the next target level would be around $61,000. Keep an eye on these price points for possible support or further declines!
📈LONG: $BTC by Forexblade (1H)
#BTCUSD | #BTC | #Bitcoin
Current Price $64149.00
Market Cap $1266.67B
Change 1h +0.13% | 24h +0.26%
Hourly Indicators:
• RSI: 55 - Neutral 🟠
• MACD: 77 - Bullish 🟢
• EMA: 63930 - Above 🟢
Analysis:
Bitcoin is retracing to test support after a rapid ascent. The 1-hour chart shows indicators turning up, with moving averages crossing upwards. The 5-minute chart indicates a first sell signal in the green master cycle indicator followed by one in green support, signaling a buy opportunity for new highs.
Price Targets:
Monitor Bitcoin around the first resistance at $64,200 and watch for a potential move to $64,275 or even reaching new highs around $64,374. Always wait for the first sell signal before buying in an uptrend for a more strategic entry point.
#BTCUSD | #BTC | #Bitcoin
Current Price $64149.00
Market Cap $1266.67B
Change 1h +0.13% | 24h +0.26%
Hourly Indicators:
• RSI: 55 - Neutral 🟠
• MACD: 77 - Bullish 🟢
• EMA: 63930 - Above 🟢
Analysis:
Bitcoin is retracing to test support after a rapid ascent. The 1-hour chart shows indicators turning up, with moving averages crossing upwards. The 5-minute chart indicates a first sell signal in the green master cycle indicator followed by one in green support, signaling a buy opportunity for new highs.
Price Targets:
Monitor Bitcoin around the first resistance at $64,200 and watch for a potential move to $64,275 or even reaching new highs around $64,374. Always wait for the first sell signal before buying in an uptrend for a more strategic entry point.