πLONG: $BTC by CobraVanguard (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $57141.00
Market Cap $1128.58B
Change 1h +0.31% | 24h +3.43%
Daily Indicators:
β’ RSI: 45 - Neutral π
β’ MACD: -1318 - Bearish π΄
β’ EMA: 58616 - Below π΄
Analysis: Bitcoin is currently showing an ascending triangle pattern, often indicative of a potential bullish breakout. If Bitcoin can push past the crucial resistance level of $61,000, there could be a significant uptick in its price.
Price Targets: Upon breaching $61,000, Bitcoin will be eyeing a climb towards the top of the megaphone formation which aligns with a possible butterfly pattern, targeting around $73,000. Keep an eye on these levels for a potentially exciting ride!
#BTCUSDT | #BTC | #Bitcoin
Current Price $57141.00
Market Cap $1128.58B
Change 1h +0.31% | 24h +3.43%
Daily Indicators:
β’ RSI: 45 - Neutral π
β’ MACD: -1318 - Bearish π΄
β’ EMA: 58616 - Below π΄
Analysis: Bitcoin is currently showing an ascending triangle pattern, often indicative of a potential bullish breakout. If Bitcoin can push past the crucial resistance level of $61,000, there could be a significant uptick in its price.
Price Targets: Upon breaching $61,000, Bitcoin will be eyeing a climb towards the top of the megaphone formation which aligns with a possible butterfly pattern, targeting around $73,000. Keep an eye on these levels for a potentially exciting ride!
πSHORT: $BTC by Cryptobees_buzz (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56907.00
Market Cap $1124.29B
Change 1h +0.31% | 24h +3.28%
4-Hourly Indicators:
β’ RSI: 57 - Neutral π
β’ MACD: 326 - Bullish π’
β’ EMA: 55910 - Above π’
Analysis:
Bitcoin recently bounced off its descending trendline and hit resistance around $57,348, implying a potential bearish move. The price retraced from this key level, signaling probable further declines in the short term.
Price Targets:
If the bearish trend continues, look for Bitcoin to test the support level at $53,516. If it breaks below, the next key support is around $53,477. Keep an eye on $58,095 as a resistance level if the price attempts to rebound.
#BTCUSDT | #BTC | #Bitcoin
Current Price $56907.00
Market Cap $1124.29B
Change 1h +0.31% | 24h +3.28%
4-Hourly Indicators:
β’ RSI: 57 - Neutral π
β’ MACD: 326 - Bullish π’
β’ EMA: 55910 - Above π’
Analysis:
Bitcoin recently bounced off its descending trendline and hit resistance around $57,348, implying a potential bearish move. The price retraced from this key level, signaling probable further declines in the short term.
Price Targets:
If the bearish trend continues, look for Bitcoin to test the support level at $53,516. If it breaks below, the next key support is around $53,477. Keep an eye on $58,095 as a resistance level if the price attempts to rebound.
πLONG: $BTC by melikatrader94 (1M)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56685.00
Market Cap $1118.74B
Change 1h -0.32% | 24h +2.07%
Monthly Indicators:
β’ RSI: 41 - Neutral π
β’ MACD: -60 - Bearish π΄
β’ EMA: 56762 - Below π΄
Analysis:
The breakout candle confirms a bullish trend in the monthly BTC analysis. Initially, the yellow candle was thought of as hunting, but after 6 confirming candles, the uptrend continuation is evident. Higher levels are now in focus, showing strong continuation potential.
Price Targets:
Based on the current trend, BTC is eyeing a move towards $62,000 as the initial resistance level. If the momentum continues, the next significant target could be around $74,000, with further potential to reach $110,000 and beyond.
#BTCUSDT | #BTC | #Bitcoin
Current Price $56685.00
Market Cap $1118.74B
Change 1h -0.32% | 24h +2.07%
Monthly Indicators:
β’ RSI: 41 - Neutral π
β’ MACD: -60 - Bearish π΄
β’ EMA: 56762 - Below π΄
Analysis:
The breakout candle confirms a bullish trend in the monthly BTC analysis. Initially, the yellow candle was thought of as hunting, but after 6 confirming candles, the uptrend continuation is evident. Higher levels are now in focus, showing strong continuation potential.
Price Targets:
Based on the current trend, BTC is eyeing a move towards $62,000 as the initial resistance level. If the momentum continues, the next significant target could be around $74,000, with further potential to reach $110,000 and beyond.
πNEUTRAL: $BTC by Yaroslav_Krasko (1W)
#BTCUSDT | #BTC | #Bitcoin
Current Price $57538.00
Market Cap $1136.37B
Change 1h +0.65% | 24h +1.85%
Weekly Indicators:
β’ RSI: 47 - Neutral π
β’ MACD: 506 - Bullish π’
β’ EMA: 58842 - Below π΄
Analysis:
Bitcoin is dealing with a bearish trend, confirmed by the recent lower low. The critical level for reversing this trend is at $64,220. If Bitcoin can break this level, we may enter bullish terrain. For now, staying below $64,220 means caution is advised for investors.
Price Targets:
The immediate resistance to watch is $64,220 for a potential bullish reversal. If Bitcoin continues to decline, the next support levels could be around $57,713 and $54,000. Keep an eye on these levels for short-term trading opportunities!
#BTCUSDT | #BTC | #Bitcoin
Current Price $57538.00
Market Cap $1136.37B
Change 1h +0.65% | 24h +1.85%
Weekly Indicators:
β’ RSI: 47 - Neutral π
β’ MACD: 506 - Bullish π’
β’ EMA: 58842 - Below π΄
Analysis:
Bitcoin is dealing with a bearish trend, confirmed by the recent lower low. The critical level for reversing this trend is at $64,220. If Bitcoin can break this level, we may enter bullish terrain. For now, staying below $64,220 means caution is advised for investors.
Price Targets:
The immediate resistance to watch is $64,220 for a potential bullish reversal. If Bitcoin continues to decline, the next support levels could be around $57,713 and $54,000. Keep an eye on these levels for short-term trading opportunities!
πSHORT: $BTC by SwallowPremium (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56667.00
Market Cap $1120.24B
Change 1h +0.35% | 24h -0.93%
4-Hourly Indicators:
β’ RSI: 53 - Neutral π
β’ MACD: 433 - Bullish π’
β’ EMA: 56206 - Above π’
Analysis: Bitcoin (BTC) is experiencing strong resistance around the 100 EMA on the smaller timeframe, signaling a potential rejection. Sellers dominate, putting pressure on the price. Expect another dip if the rejection solidifies, with stochastic oscillators indicating bearish momentum.
Price Targets: If the downward trend continues, look for support around $54,000 and $50,500. Should buyers regain control, a rebound toward $58,000 is plausible. Watch these key levels to navigate your trades!
#BTCUSDT | #BTC | #Bitcoin
Current Price $56667.00
Market Cap $1120.24B
Change 1h +0.35% | 24h -0.93%
4-Hourly Indicators:
β’ RSI: 53 - Neutral π
β’ MACD: 433 - Bullish π’
β’ EMA: 56206 - Above π’
Analysis: Bitcoin (BTC) is experiencing strong resistance around the 100 EMA on the smaller timeframe, signaling a potential rejection. Sellers dominate, putting pressure on the price. Expect another dip if the rejection solidifies, with stochastic oscillators indicating bearish momentum.
Price Targets: If the downward trend continues, look for support around $54,000 and $50,500. Should buyers regain control, a rebound toward $58,000 is plausible. Watch these key levels to navigate your trades!
πSHORT: $BTC by SwallowPremium (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $56624.00
Market Cap $1118.45B
Change 1h +0.21% | 24h -1.05%
Daily Indicators:
β’ RSI: 44 - Neutral π
β’ MACD: -1225 - Bearish π΄
β’ EMA: 58515 - Below π΄
Analysis:
BTC recently hit an upper resistance zone and faced rejection by sellers. As the current correction ends, we expect the next two candles to reflect strong selling pressure. The trend suggests that sellers might dominate the market short-term, leading to further price drops.
Price Targets:
Weβre eyeing the major re-test zone around $50K. BTC could dip to this level as sellers solidify control. Monitor the reactions at this level closely to gauge future movements.
#BTCUSD | #BTC | #Bitcoin
Current Price $56624.00
Market Cap $1118.45B
Change 1h +0.21% | 24h -1.05%
Daily Indicators:
β’ RSI: 44 - Neutral π
β’ MACD: -1225 - Bearish π΄
β’ EMA: 58515 - Below π΄
Analysis:
BTC recently hit an upper resistance zone and faced rejection by sellers. As the current correction ends, we expect the next two candles to reflect strong selling pressure. The trend suggests that sellers might dominate the market short-term, leading to further price drops.
Price Targets:
Weβre eyeing the major re-test zone around $50K. BTC could dip to this level as sellers solidify control. Monitor the reactions at this level closely to gauge future movements.
πLONG: $BTC by TradingShot (1M)
#BTCUSD | #BTC | #Bitcoin
Current Price $56425.00
Market Cap $1114.55B
Change 1h -0.51% | 24h -1.01%
Monthly Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -20 - Bearish π΄
β’ EMA: 56439 - Below π΄
Analysis:
Bitcoin's price is highly influenced by global liquidity trends. With an upcoming Fed rate cut, increased circulation of money could potentially drive Bitcoin prices higher. Past patterns on the chart show Bitcoin's significant rallies when liquidity either drops or flattens before breaking out.
Price Targets:
Considering historical breakouts and rallies, a potential breakout could push Bitcoin towards $100,000. If this bull run continues, the price might even hit higher levels, approaching $200,000 to $300,000. Lower support levels to watch would be around $56,000.
#BTCUSD | #BTC | #Bitcoin
Current Price $56425.00
Market Cap $1114.55B
Change 1h -0.51% | 24h -1.01%
Monthly Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -20 - Bearish π΄
β’ EMA: 56439 - Below π΄
Analysis:
Bitcoin's price is highly influenced by global liquidity trends. With an upcoming Fed rate cut, increased circulation of money could potentially drive Bitcoin prices higher. Past patterns on the chart show Bitcoin's significant rallies when liquidity either drops or flattens before breaking out.
Price Targets:
Considering historical breakouts and rallies, a potential breakout could push Bitcoin towards $100,000. If this bull run continues, the price might even hit higher levels, approaching $200,000 to $300,000. Lower support levels to watch would be around $56,000.
πNEUTRAL: $BTC by Real_CryptoRoy (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56672.00
Market Cap $1119.97B
Change 1h +0.48% | 24h -0.76%
Daily Indicators:
β’ RSI: 44 - Neutral π
β’ MACD: -1219 - Bearish π΄
β’ EMA: 58519 - Below π΄
Analysis:
Bitcoin is currently consolidating near the $53K support level, which indicates a potential bullish trend towards $61K as we approach the Fed rate decision on Sept. 18. Though there's a chance for a short-term dip, the long-term outlook remains positive for BTC.
Price Targets:
Near-term targets to watch are $53K support and a bullish push towards $61K. If we break through, the next resistance areas are $71,500 to $73,800. Keep an eye out for possible short-term plunges to $50,400.
#BTCUSDT | #BTC | #Bitcoin
Current Price $56672.00
Market Cap $1119.97B
Change 1h +0.48% | 24h -0.76%
Daily Indicators:
β’ RSI: 44 - Neutral π
β’ MACD: -1219 - Bearish π΄
β’ EMA: 58519 - Below π΄
Analysis:
Bitcoin is currently consolidating near the $53K support level, which indicates a potential bullish trend towards $61K as we approach the Fed rate decision on Sept. 18. Though there's a chance for a short-term dip, the long-term outlook remains positive for BTC.
Price Targets:
Near-term targets to watch are $53K support and a bullish push towards $61K. If we break through, the next resistance areas are $71,500 to $73,800. Keep an eye out for possible short-term plunges to $50,400.
πLONG: $BTC by LegionQ8 (1H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56681.00
Market Cap $1119.44B
Change 1h +0.18% | 24h -0.81%
Hourly Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: -81 - Bearish π΄
β’ EMA: 56780 - Below π΄
Analysis:
Bitcoin is showing a potential upswing towards the resistance line of the upward channel. The recent dip within the channel has resulted in a bounce back. However, be cautious as a further drop might be on the horizon before any significant rise.
Price Targets:
If the upward momentum continues, expect Bitcoin to test the resistance around $59,000 (TP1). Conversely, a decline might lead it toward the support near $54,800. Keep an eye out for these key levels!
#BTCUSDT | #BTC | #Bitcoin
Current Price $56681.00
Market Cap $1119.44B
Change 1h +0.18% | 24h -0.81%
Hourly Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: -81 - Bearish π΄
β’ EMA: 56780 - Below π΄
Analysis:
Bitcoin is showing a potential upswing towards the resistance line of the upward channel. The recent dip within the channel has resulted in a bounce back. However, be cautious as a further drop might be on the horizon before any significant rise.
Price Targets:
If the upward momentum continues, expect Bitcoin to test the resistance around $59,000 (TP1). Conversely, a decline might lead it toward the support near $54,800. Keep an eye out for these key levels!
πLONG: $BTC by Bullish_Traders (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56763.00
Market Cap $1121.45B
Change 1h +0.12% | 24h -1.00%
4-Hourly Indicators:
β’ RSI: 54 - Neutral π
β’ MACD: 399 - Bullish π’
β’ EMA: 56288 - Above π’
Analysis:
Things are looking optimistic for Bitcoin as it nears a breakout at $57,300, overcoming a significant trend line. This is definitely an exciting moment, marking potential for an upward move!
Price Targets:
If Bitcoin breaks $57,300, the next targets are $60,216.29, $64,955.00, and ultimately $68,329.16. But staying above $54,980.46 is crucial for this bullish trend!
#BTCUSDT | #BTC | #Bitcoin
Current Price $56763.00
Market Cap $1121.45B
Change 1h +0.12% | 24h -1.00%
4-Hourly Indicators:
β’ RSI: 54 - Neutral π
β’ MACD: 399 - Bullish π’
β’ EMA: 56288 - Above π’
Analysis:
Things are looking optimistic for Bitcoin as it nears a breakout at $57,300, overcoming a significant trend line. This is definitely an exciting moment, marking potential for an upward move!
Price Targets:
If Bitcoin breaks $57,300, the next targets are $60,216.29, $64,955.00, and ultimately $68,329.16. But staying above $54,980.46 is crucial for this bullish trend!
πSHORT: $BTC by AlanSantana (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $55859.00
Market Cap $1102.74B
Change 1h -1.53% | 24h -2.11%
Daily Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -1272 - Bearish π΄
β’ EMA: 58476 - Below π΄
Analysis:
Bitcoin is forming a bearish chart setup marked by 6 months of consolidation and lower highs. Bearish volumes dominate the scene, signaling bears are in control. This setup suggests a solid 6X SHORT opportunity for a potential 189% gain. Interestingly, bullish vibes from altcoins bolster this trade.
Price Targets:
If the bearish trend continues, expect Bitcoin to dive towards the $39,000 mark. The projected downside is a significant 31.58% drop, translating to a target price of roughly $39,000. Keep an eye on these levels for potential gains!
#BTCUSDT | #BTC | #Bitcoin
Current Price $55859.00
Market Cap $1102.74B
Change 1h -1.53% | 24h -2.11%
Daily Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -1272 - Bearish π΄
β’ EMA: 58476 - Below π΄
Analysis:
Bitcoin is forming a bearish chart setup marked by 6 months of consolidation and lower highs. Bearish volumes dominate the scene, signaling bears are in control. This setup suggests a solid 6X SHORT opportunity for a potential 189% gain. Interestingly, bullish vibes from altcoins bolster this trade.
Price Targets:
If the bearish trend continues, expect Bitcoin to dive towards the $39,000 mark. The projected downside is a significant 31.58% drop, translating to a target price of roughly $39,000. Keep an eye on these levels for potential gains!
πNEUTRAL: $BTC by Yaroslav_Krasko (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56153.00
Market Cap $1106.98B
Change 1h +0.65% | 24h -1.42%
Daily Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -1256 - Bearish π΄
β’ EMA: 58490 - Below π΄
Analysis:
Bitcoin's recent price action shows a clear pattern of consolidation within a descending channel. Liquidation maps from Coinglass highlight crucial liquidity levels that are driving BTC's price movements. With strong support around $40,500 and a noticeable breakout trend forming, expect increased volatility ahead.
Price Targets:
Watch for Bitcoin to break past the $58,000 resistance, aiming for $72,000 in the short term. Given the bullish momentum and liquidity trends, a surge towards $100,000 could happen quickly, with potential to hit $115,000 if bullish conditions persist. Keep an eye on key levels to time your moves!
#BTCUSDT | #BTC | #Bitcoin
Current Price $56153.00
Market Cap $1106.98B
Change 1h +0.65% | 24h -1.42%
Daily Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -1256 - Bearish π΄
β’ EMA: 58490 - Below π΄
Analysis:
Bitcoin's recent price action shows a clear pattern of consolidation within a descending channel. Liquidation maps from Coinglass highlight crucial liquidity levels that are driving BTC's price movements. With strong support around $40,500 and a noticeable breakout trend forming, expect increased volatility ahead.
Price Targets:
Watch for Bitcoin to break past the $58,000 resistance, aiming for $72,000 in the short term. Given the bullish momentum and liquidity trends, a surge towards $100,000 could happen quickly, with potential to hit $115,000 if bullish conditions persist. Keep an eye on key levels to time your moves!
πNEUTRAL: $BTC by CobraVanguard (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $56270.00
Market Cap $1109.15B
Change 1h +0.99% | 24h -1.22%
Daily Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -1253 - Bearish π΄
β’ EMA: 58492 - Below π΄
Analysis:
Bitcoin is currently forming an ascending triangle pattern which suggests a potential bullish breakout. The critical level to watch is the important $61,000 resistance. If it breaks this level, Bitcoin may follow an AB=CD pattern and surge higher. This pattern is often seen as a continuation signal, indicating further upward movement.
Price Targets:
Should Bitcoin break the $61,000 resistance, the next target could be around $71,000 following the AB=CD pattern. If the bullish momentum continues, a secondary target might be at $75,000. Conversely, failing to break $61,000 could result in a pullback to $55,000. Keep an eye on these levels!
#BTCUSDT | #BTC | #Bitcoin
Current Price $56270.00
Market Cap $1109.15B
Change 1h +0.99% | 24h -1.22%
Daily Indicators:
β’ RSI: 43 - Neutral π
β’ MACD: -1253 - Bearish π΄
β’ EMA: 58492 - Below π΄
Analysis:
Bitcoin is currently forming an ascending triangle pattern which suggests a potential bullish breakout. The critical level to watch is the important $61,000 resistance. If it breaks this level, Bitcoin may follow an AB=CD pattern and surge higher. This pattern is often seen as a continuation signal, indicating further upward movement.
Price Targets:
Should Bitcoin break the $61,000 resistance, the next target could be around $71,000 following the AB=CD pattern. If the bullish momentum continues, a secondary target might be at $75,000. Conversely, failing to break $61,000 could result in a pullback to $55,000. Keep an eye on these levels!
πLONG: $BTC by CryptoSanders9563 (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58264.00
Market Cap $1150.79B
Change 1h +0.01% | 24h +2.83%
Daily Indicators:
β’ RSI: 49 - Neutral π
β’ MACD: -983 - Bearish π΄
β’ EMA: 58548 - Below π΄
Analysis:
Bitcoin is currently trading at $58,227 and is within a descending trendline. As BTC approaches a critical resistance zone between $60,000 and $65,000, there's potential for an upward movement. A breakout above this zone could signal strong bullish momentum.
Price Targets:
If Bitcoin breaks above the resistance zone, expect potential targets around $60,000 to $65,000. On the downside, support levels are found around $55,000 and $52,000, which are crucial for avoiding further downtrends.
#BTCUSDT | #BTC | #Bitcoin
Current Price $58264.00
Market Cap $1150.79B
Change 1h +0.01% | 24h +2.83%
Daily Indicators:
β’ RSI: 49 - Neutral π
β’ MACD: -983 - Bearish π΄
β’ EMA: 58548 - Below π΄
Analysis:
Bitcoin is currently trading at $58,227 and is within a descending trendline. As BTC approaches a critical resistance zone between $60,000 and $65,000, there's potential for an upward movement. A breakout above this zone could signal strong bullish momentum.
Price Targets:
If Bitcoin breaks above the resistance zone, expect potential targets around $60,000 to $65,000. On the downside, support levels are found around $55,000 and $52,000, which are crucial for avoiding further downtrends.
πLONG: $BTC by Dexter_The_Trader (1D)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58068.00
Market Cap $1145.75B
Change 1h -0.09% | 24h +2.97%
Daily Indicators:
β’ RSI: 49 - Neutral π
β’ MACD: -1003 - Bearish π΄
β’ EMA: 58532 - Below π΄
Analysis: BTC continues on its expected path, with a brief drop followed by a quick recovery. RSI shows growing bullish momentum, indicating positive market sentiment. The price needs a strong push above $58.1k to maintain its rally.
Price Targets: Looking ahead, BTC is targeting $67k-$68k. Crossing the critical $58.1k level is crucial to sustaining this upward trajectory. Stay tuned for more updates, especially on altcoins!
#BTCUSDT | #BTC | #Bitcoin
Current Price $58068.00
Market Cap $1145.75B
Change 1h -0.09% | 24h +2.97%
Daily Indicators:
β’ RSI: 49 - Neutral π
β’ MACD: -1003 - Bearish π΄
β’ EMA: 58532 - Below π΄
Analysis: BTC continues on its expected path, with a brief drop followed by a quick recovery. RSI shows growing bullish momentum, indicating positive market sentiment. The price needs a strong push above $58.1k to maintain its rally.
Price Targets: Looking ahead, BTC is targeting $67k-$68k. Crossing the critical $58.1k level is crucial to sustaining this upward trajectory. Stay tuned for more updates, especially on altcoins!
πSHORT: $BTC by RLinda (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58242.00
Market Cap $1150.26B
Change 1h +0.08% | 24h +2.87%
4-Hourly Indicators:
β’ RSI: 62 - Neutral π
β’ MACD: 591 - Bullish π’
β’ EMA: 56747 - Above π’
Analysis:
BTC is seeing a rebound after a false breakdown of the $54.5K - $55K support, but overall market sentiment remains weak. Accumulation continues for smaller wallets while larger holders remain inactive. The key trading range is between $54,676 and $59,600, with current price at about $58,115 suggesting a potential test of resistance.
Price Targets:
Immediate resistance stands at $59,600, with further targets at $62,745 and $64,955 if momentum continues. Should the current level not hold, a pullback to the support range around $56,078 to $54,676 is possible. A break below $54,676 could see BTC retesting $55K again.
#BTCUSDT | #BTC | #Bitcoin
Current Price $58242.00
Market Cap $1150.26B
Change 1h +0.08% | 24h +2.87%
4-Hourly Indicators:
β’ RSI: 62 - Neutral π
β’ MACD: 591 - Bullish π’
β’ EMA: 56747 - Above π’
Analysis:
BTC is seeing a rebound after a false breakdown of the $54.5K - $55K support, but overall market sentiment remains weak. Accumulation continues for smaller wallets while larger holders remain inactive. The key trading range is between $54,676 and $59,600, with current price at about $58,115 suggesting a potential test of resistance.
Price Targets:
Immediate resistance stands at $59,600, with further targets at $62,745 and $64,955 if momentum continues. Should the current level not hold, a pullback to the support range around $56,078 to $54,676 is possible. A break below $54,676 could see BTC retesting $55K again.
πLONG: $BTC by Mihai_Iacob (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $58072.00
Market Cap $1147.62B
Change 1h -0.41% | 24h +2.39%
Daily Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: -1009 - Bearish π΄
β’ EMA: 58527 - Below π΄
Analysis:
Following the release of the NFP data on Friday, Bitcoin initially experienced a drop but didn't sustain its downside momentum. Instead, it bounced back, suggesting a potential upside with a bullish pin bar. Now, the critical question is whether the support of the flag formation will hold.
Price Targets:
If Bitcoin maintains its current support, we can look for an initial target at around $61,250. Should it break past this level, the next significant target would be approximately $65,277. On the downside, keeping an eye on the support near $53,862 is crucial.
#BTCUSD | #BTC | #Bitcoin
Current Price $58072.00
Market Cap $1147.62B
Change 1h -0.41% | 24h +2.39%
Daily Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: -1009 - Bearish π΄
β’ EMA: 58527 - Below π΄
Analysis:
Following the release of the NFP data on Friday, Bitcoin initially experienced a drop but didn't sustain its downside momentum. Instead, it bounced back, suggesting a potential upside with a bullish pin bar. Now, the critical question is whether the support of the flag formation will hold.
Price Targets:
If Bitcoin maintains its current support, we can look for an initial target at around $61,250. Should it break past this level, the next significant target would be approximately $65,277. On the downside, keeping an eye on the support near $53,862 is crucial.
πNEUTRAL: $BTC by TheSignalyst (1W)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58027.00
Market Cap $1146.74B
Change 1h -0.49% | 24h +2.31%
Weekly Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: 538 - Bullish π’
β’ EMA: 58868 - Below π΄
Analysis:
BTC is currently under bullish control, staying well above the rejection zone of $50,000-$52,000. The price action suggests that bulls are driving the market upward and are likely to encounter significant resistance in the $61,000-$62,000 range.
Price Targets:
Key levels to watch are support at $50,000-52,000 and resistance at $61,000-$62,000. If the bulls manage to push past $62,000, next target could be around $70,000. Conversely, if it falls below $50,000, watch for a dip to $42,000.
#BTCUSDT | #BTC | #Bitcoin
Current Price $58027.00
Market Cap $1146.74B
Change 1h -0.49% | 24h +2.31%
Weekly Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: 538 - Bullish π’
β’ EMA: 58868 - Below π΄
Analysis:
BTC is currently under bullish control, staying well above the rejection zone of $50,000-$52,000. The price action suggests that bulls are driving the market upward and are likely to encounter significant resistance in the $61,000-$62,000 range.
Price Targets:
Key levels to watch are support at $50,000-52,000 and resistance at $61,000-$62,000. If the bulls manage to push past $62,000, next target could be around $70,000. Conversely, if it falls below $50,000, watch for a dip to $42,000.
πSHORT: $BTC by SwallowPremium (4H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $58013.00
Market Cap $1145.86B
Change 1h -0.37% | 24h +2.53%
4-Hourly Indicators:
β’ RSI: 61 - Neutral π
β’ MACD: 582 - Bullish π’
β’ EMA: 56739 - Above π’
Analysis:
Bitcoin has reached a crucial point at the major EMA line, a significant region for potential rejection. If things unfold as expected, we might see a solid rejection here, similar to previous instances. The EMA has acted as a strong resistance level in past patterns, hinting at a possible downward move.
Price Targets:
If Bitcoin faces rejection, anticipate a drop to around $56,000 initially. In a strong bearish scenario, we could see further descent towards $52,500. On the flip side, if it breaks through the EMA resistance, we could aim for $60,000. Stay alert and watch these key levels!
#BTCUSDT | #BTC | #Bitcoin
Current Price $58013.00
Market Cap $1145.86B
Change 1h -0.37% | 24h +2.53%
4-Hourly Indicators:
β’ RSI: 61 - Neutral π
β’ MACD: 582 - Bullish π’
β’ EMA: 56739 - Above π’
Analysis:
Bitcoin has reached a crucial point at the major EMA line, a significant region for potential rejection. If things unfold as expected, we might see a solid rejection here, similar to previous instances. The EMA has acted as a strong resistance level in past patterns, hinting at a possible downward move.
Price Targets:
If Bitcoin faces rejection, anticipate a drop to around $56,000 initially. In a strong bearish scenario, we could see further descent towards $52,500. On the flip side, if it breaks through the EMA resistance, we could aim for $60,000. Stay alert and watch these key levels!
πSHORT: $BTC by SwallowPremium (1D)
#BTCUSD | #BTC | #Bitcoin
Current Price $58098.00
Market Cap $1147.61B
Change 1h -0.22% | 24h +2.68%
Daily Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: -1006 - Bearish π΄
β’ EMA: 58530 - Below π΄
Analysis:
Bitcoin (BTC) reaffirmed bullish momentum after yesterday's rejection, with a strong recovery towards the 200 EMA zone. Expect continued push towards the 200 EMA. Key levels to observe include the recent bounce near $51,000 and potential resistance around the local tops.
Price Targets:
Expect short-term resistance at $58,000 with potential for BTC to push further towards the 200 EMA zone. A bullish breakout above this could target $62,000. On the downside, keep an eye on support at $51,000 to $48,000 if the price reverses.
#BTCUSD | #BTC | #Bitcoin
Current Price $58098.00
Market Cap $1147.61B
Change 1h -0.22% | 24h +2.68%
Daily Indicators:
β’ RSI: 48 - Neutral π
β’ MACD: -1006 - Bearish π΄
β’ EMA: 58530 - Below π΄
Analysis:
Bitcoin (BTC) reaffirmed bullish momentum after yesterday's rejection, with a strong recovery towards the 200 EMA zone. Expect continued push towards the 200 EMA. Key levels to observe include the recent bounce near $51,000 and potential resistance around the local tops.
Price Targets:
Expect short-term resistance at $58,000 with potential for BTC to push further towards the 200 EMA zone. A bullish breakout above this could target $62,000. On the downside, keep an eye on support at $51,000 to $48,000 if the price reverses.