πSHORT: $BTC by SwallowPremium (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $61715.00
Market Cap $1219.68B
Change 1h +0.35% | 24h -3.63%
4-Hourly Indicators:
β’ RSI: 32 - Neutral π
β’ MACD: -854 - Bearish π΄
β’ EMA: 63732 - Below π΄
Analysis:
BTC is showing a bullish signal as the RSI has entered the oversold zone and recently broke above the 200EMA. The chart indicates potential for upward movement, mirroring past behavior when similar conditions were met. This sets the stage for optimism among traders.
Price Targets:
Considering the bullish momentum, the next price target is around $64,000, with a potential major resistance zone at $66,000-$70,000. If momentum shifts, the support levels to watch are around $61,000 and $58,000. Keep an eye on these key price points!
#BTCUSDT | #BTC | #Bitcoin
Current Price $61715.00
Market Cap $1219.68B
Change 1h +0.35% | 24h -3.63%
4-Hourly Indicators:
β’ RSI: 32 - Neutral π
β’ MACD: -854 - Bearish π΄
β’ EMA: 63732 - Below π΄
Analysis:
BTC is showing a bullish signal as the RSI has entered the oversold zone and recently broke above the 200EMA. The chart indicates potential for upward movement, mirroring past behavior when similar conditions were met. This sets the stage for optimism among traders.
Price Targets:
Considering the bullish momentum, the next price target is around $64,000, with a potential major resistance zone at $66,000-$70,000. If momentum shifts, the support levels to watch are around $61,000 and $58,000. Keep an eye on these key price points!
πLONG: $BTC by Bullish_Traders (3H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $61880.00
Market Cap $1223.38B
Change 1h +0.18% | 24h -3.43%
Analysis:
No reason to be bearish with current indicators. Stay bullish in this market. Remain confident in your trading decisions. The uptrend is supported by past lower lows and emerging higher highs, showing positive momentum continuation.
Price Targets:
Look for a bounce at $60,933.10. First target around $65,142.52, with a potential move towards $70,412.41. Keep an eye on $61,732.08 support zone.
#BTCUSDT | #BTC | #Bitcoin
Current Price $61880.00
Market Cap $1223.38B
Change 1h +0.18% | 24h -3.43%
Analysis:
No reason to be bearish with current indicators. Stay bullish in this market. Remain confident in your trading decisions. The uptrend is supported by past lower lows and emerging higher highs, showing positive momentum continuation.
Price Targets:
Look for a bounce at $60,933.10. First target around $65,142.52, with a potential move towards $70,412.41. Keep an eye on $61,732.08 support zone.
πNEUTRAL: $BTC by melikatrader94 (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $61891.00
Market Cap $1222.83B
Change 1h +0.11% | 24h -3.08%
4-Hourly Indicators:
β’ RSI: 34 - Neutral π
β’ MACD: -864 - Bearish π΄
β’ EMA: 63611 - Below π΄
Analysis:
After observing a descending wedge pattern, we can now confirm a bullish reversal with the recent breakout into an ascending channel. This signals strong upward momentum for BTC/USD, supported by increased buying pressure and optimistic market sentiment.
Price Targets:
If the trend continues, we first target resistance at around $67,000 followed by the significant psychological level at $75,000. Any pullbacks present strong support near $58,600.
#BTCUSDT | #BTC | #Bitcoin
Current Price $61891.00
Market Cap $1222.83B
Change 1h +0.11% | 24h -3.08%
4-Hourly Indicators:
β’ RSI: 34 - Neutral π
β’ MACD: -864 - Bearish π΄
β’ EMA: 63611 - Below π΄
Analysis:
After observing a descending wedge pattern, we can now confirm a bullish reversal with the recent breakout into an ascending channel. This signals strong upward momentum for BTC/USD, supported by increased buying pressure and optimistic market sentiment.
Price Targets:
If the trend continues, we first target resistance at around $67,000 followed by the significant psychological level at $75,000. Any pullbacks present strong support near $58,600.
πNEUTRAL: $BTC by melikatrader94 (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $61584.00
Market Cap $1217.82B
Change 1h -0.11% | 24h -3.73%
4-Hourly Indicators:
β’ RSI: 32 - Neutral π
β’ MACD: -880 - Bearish π΄
β’ EMA: 63598 - Below π΄
Analysis: Bitcoin recently broke out from a symmetrical triangle pattern, signaling a bullish reversal from its prior downtrend. The price is currently moving within an ascending channel, indicating a steady upward momentum. Traders are watching for key support and resistance levels in this trending channel.
Price Targets: With the breakout, near-term resistance is at $66,000. If bullish momentum continues, the next target could be around $75,000. Alternatively, if support at $61,300 fails, a drop to around $58,400 could be possible. Keep an eye on these levels!
#BTCUSDT | #BTC | #Bitcoin
Current Price $61584.00
Market Cap $1217.82B
Change 1h -0.11% | 24h -3.73%
4-Hourly Indicators:
β’ RSI: 32 - Neutral π
β’ MACD: -880 - Bearish π΄
β’ EMA: 63598 - Below π΄
Analysis: Bitcoin recently broke out from a symmetrical triangle pattern, signaling a bullish reversal from its prior downtrend. The price is currently moving within an ascending channel, indicating a steady upward momentum. Traders are watching for key support and resistance levels in this trending channel.
Price Targets: With the breakout, near-term resistance is at $66,000. If bullish momentum continues, the next target could be around $75,000. Alternatively, if support at $61,300 fails, a drop to around $58,400 could be possible. Keep an eye on these levels!
πLONG: $BTC by LegionQ8 (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $61441.00
Market Cap $1214.65B
Change 1h -0.64% | 24h -3.89%
4-Hourly Indicators:
β’ RSI: 31 - Neutral π
β’ MACD: -900 - Bearish π΄
β’ EMA: 63582 - Below π΄
Analysis:
Bitcoin looks bullish as it bounces back from a support level coinciding with the buyer zone, after a slight decline. The chart shows a possible reversal pattern, which could propel the price upwards, regaining momentum from previous levels.
Price Targets:
If this bullish trend continues, we could potentially see Bitcoin climbing to the resistance level of $64,500. Keep an eye on market conditions and potential breakouts around the $61,500 mark.
#BTCUSDT | #BTC | #Bitcoin
Current Price $61441.00
Market Cap $1214.65B
Change 1h -0.64% | 24h -3.89%
4-Hourly Indicators:
β’ RSI: 31 - Neutral π
β’ MACD: -900 - Bearish π΄
β’ EMA: 63582 - Below π΄
Analysis:
Bitcoin looks bullish as it bounces back from a support level coinciding with the buyer zone, after a slight decline. The chart shows a possible reversal pattern, which could propel the price upwards, regaining momentum from previous levels.
Price Targets:
If this bullish trend continues, we could potentially see Bitcoin climbing to the resistance level of $64,500. Keep an eye on market conditions and potential breakouts around the $61,500 mark.
πSHORT: $BTC by Cryptobees_buzz (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $61016.00
Market Cap $1208.96B
Change 1h -0.05% | 24h -4.34%
4-Hourly Indicators:
β’ RSI: 29 - Oversold π΄
β’ MACD: -971 - Bearish π΄
β’ EMA: 63403 - Below π΄
Analysis: Bitcoin's recent bearish move has broken through its support level and the lower boundary of the ascending channel. This indicates a likely downward trend. Watching this play out closely, it seems the asset is gearing up for further decline as it dips below key resistance levels.
Price Targets: The first target is the support level at $58,000. If bearish momentum continues, the next target could be $57,000. Traders should be cautious and monitor these levels for potential buy opportunities or further declines.
#BTCUSDT | #BTC | #Bitcoin
Current Price $61016.00
Market Cap $1208.96B
Change 1h -0.05% | 24h -4.34%
4-Hourly Indicators:
β’ RSI: 29 - Oversold π΄
β’ MACD: -971 - Bearish π΄
β’ EMA: 63403 - Below π΄
Analysis: Bitcoin's recent bearish move has broken through its support level and the lower boundary of the ascending channel. This indicates a likely downward trend. Watching this play out closely, it seems the asset is gearing up for further decline as it dips below key resistance levels.
Price Targets: The first target is the support level at $58,000. If bearish momentum continues, the next target could be $57,000. Traders should be cautious and monitor these levels for potential buy opportunities or further declines.
πNEUTRAL: $BTC by Ifiok-2sydes (3D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $60742.00
Market Cap $1202.95B
Change 1h -0.68% | 24h -4.59%
Current Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: 896 - Bullish π’
β’ EMA: 61363 - Below π΄
Analysis:
Bitcoin has been in a falling channel for the past 7 months, acting as a reliable trend indicator since March 2024. The current price sits at 61,200. With crucial support at 60,500, this level is decisive for the market's bullish trend moving forward.
Price Targets:
If Bitcoin holds above 60,500, the next targets are 66,095 and 71,718. On the downside, failure to maintain support could drive prices toward 56,671 and 50,567. Keep an eye on these levels for potential trading opportunities!
#BTCUSDT | #BTC | #Bitcoin
Current Price $60742.00
Market Cap $1202.95B
Change 1h -0.68% | 24h -4.59%
Current Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: 896 - Bullish π’
β’ EMA: 61363 - Below π΄
Analysis:
Bitcoin has been in a falling channel for the past 7 months, acting as a reliable trend indicator since March 2024. The current price sits at 61,200. With crucial support at 60,500, this level is decisive for the market's bullish trend moving forward.
Price Targets:
If Bitcoin holds above 60,500, the next targets are 66,095 and 71,718. On the downside, failure to maintain support could drive prices toward 56,671 and 50,567. Keep an eye on these levels for potential trading opportunities!
πLONG: $BTC by planfomo (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $60734.00
Market Cap $1200.88B
Change 1h -0.41% | 24h -4.42%
Daily Indicators:
β’ RSI: 46 - Neutral π
β’ MACD: 934 - Bullish π’
β’ EMA: 61787 - Below π΄
Analysis:
Price broke below the support trendline, indicating a bearish scenario. This suggests a possible downtrend continuation, so keep an eye out for further price drops. A deeper drop may provide a good entry level for a long position.
Price Targets:
We're looking at a target range of $60K to $55K for the next potential buy opportunity. Be ready to determine the exact entry point as the price approaches these levels.
#BTCUSDT | #BTC | #Bitcoin
Current Price $60734.00
Market Cap $1200.88B
Change 1h -0.41% | 24h -4.42%
Daily Indicators:
β’ RSI: 46 - Neutral π
β’ MACD: 934 - Bullish π’
β’ EMA: 61787 - Below π΄
Analysis:
Price broke below the support trendline, indicating a bearish scenario. This suggests a possible downtrend continuation, so keep an eye out for further price drops. A deeper drop may provide a good entry level for a long position.
Price Targets:
We're looking at a target range of $60K to $55K for the next potential buy opportunity. Be ready to determine the exact entry point as the price approaches these levels.
πNEUTRAL: $BTC by MonoCoinSignal (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $62060.00
Market Cap $1230.43B
Change 1h +0.37% | 24h +0.09%
4-Hourly Indicators:
β’ RSI: 39 - Neutral π
β’ MACD: -867 - Bearish π΄
β’ EMA: 63366 - Below π΄
Analysis: Bitcoin's corrective phase hints at a temporary dip to around $59,500. This level has previously sparked buying interest and could help regain upward momentum, acting as a key support zone in case of a pullback.
Price Targets: If the support at $59,500 holds, Bitcoin could bounce back to its next resistance levels, eyeing $64,000 and potentially reaching $66,000 in an upward movement.
#BTCUSDT | #BTC | #Bitcoin
Current Price $62060.00
Market Cap $1230.43B
Change 1h +0.37% | 24h +0.09%
4-Hourly Indicators:
β’ RSI: 39 - Neutral π
β’ MACD: -867 - Bearish π΄
β’ EMA: 63366 - Below π΄
Analysis: Bitcoin's corrective phase hints at a temporary dip to around $59,500. This level has previously sparked buying interest and could help regain upward momentum, acting as a key support zone in case of a pullback.
Price Targets: If the support at $59,500 holds, Bitcoin could bounce back to its next resistance levels, eyeing $64,000 and potentially reaching $66,000 in an upward movement.
πSHORT: $BTC by AlanSantana (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $61061.00
Market Cap $1207.37B
Change 1h -0.67% | 24h -1.52%
Daily Indicators:
β’ RSI: 47 - Neutral π
β’ MACD: 957 - Bullish π’
β’ EMA: 61805 - Below π΄
Analysis:
Bitcoin's oscillators have dipped into bearish territory, hinting at a loss in bullish momentum. Despite yesterdayβs analysis showing a downtrend within the bullish zone, the latest chart developments indicate otherwise. Additionally, watch out for the impact of $500M in liquidations.
Price Targets:
The current analysis suggests Bitcoin might head towards the next target range of $38,000 to $42,000. Stay alert and monitor for further shifts!
#BTCUSDT | #BTC | #Bitcoin
Current Price $61061.00
Market Cap $1207.37B
Change 1h -0.67% | 24h -1.52%
Daily Indicators:
β’ RSI: 47 - Neutral π
β’ MACD: 957 - Bullish π’
β’ EMA: 61805 - Below π΄
Analysis:
Bitcoin's oscillators have dipped into bearish territory, hinting at a loss in bullish momentum. Despite yesterdayβs analysis showing a downtrend within the bullish zone, the latest chart developments indicate otherwise. Additionally, watch out for the impact of $500M in liquidations.
Price Targets:
The current analysis suggests Bitcoin might head towards the next target range of $38,000 to $42,000. Stay alert and monitor for further shifts!