Bitcoin ($BTC /USDT) Analysis: Bearish Trend, Rebound Potential & Predictions 🧐📉

🔻 Bearish Trend Analysis:

Bollinger Bands (Boll): Price trading below the middle & lower bands, indicating a bearish bias and possible oversold condition. 🌀

Moving Averages (MA): Price is under the 100-period & 200-period MAs, reinforcing the bearish trend. 📉

Parabolic SAR (SAR): SAR dots above the price, confirming a downtrend. 🚫

📈 Chances of a Rise:

Oversold Condition: Potential for a short-term rebound due to oversold market conditions. 🔄

Bollinger Band Squeeze: Narrowing bands suggest volatility and possible breakout, in either direction! ⚡

🔮 Tomorrow's Prediction:

Uncertain Outlook: With narrowing Bollinger Bands, the market could go either way. 🤷‍♂️

Rebound Scenario: A possible short-term rise due to oversold conditions. 🔼

Continued Downtrend: The bearish pressure might persist, causing further declines. ⬇️

📅 Expert Predictions for Next Week:

Mixed Sentiments: Experts have varied opinions, given the volatility & uncertainty. 🤔

Key Factors to Watch:

Global Economic Conditions 🌍

Regulatory News 🏛️

Ongoing Technical Indicators 📊

🔔 Disclaimer:

This analysis is based on technical observations and is not financial advice. Always do your own research & consult with a professional before making investment decisions. 🔍💼

---

#BinanceAlphaAlert #USJoblessClaimsFall #FranklinCryptoETF #MarketForecast

PIN BAR POWER 🔥 Predict Market Moves Like a Pro 👇

The pin bar is a popular candlestick pattern in technical analysis that signals potential reversals or continuations in price action. It gets its name from the term "pinocchio bar" because it lies about the future direction of the market before revealing the truth. For example, imagine the price of a crypto that is steadily rising. Suddenly, it shoots up, reaching a new high. However, buyers lose steam and sellers emerge, pushing the price back down. This rapid reversal creates a long, thin candle with a small body and a long wick, resembling a pin.

The pin bar cheat sheet I draw in the picture is a valuable tool for crypto traders because they can help them to identify potential reversals and continuations in the market. And according to how the candle closes it also suggest how strong is the probability that a specific event may occurs (strongest, stronger, strong, indecision)

Let Me Know In Comments If Want More Crypto Cheat Sheets!

STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝

#MarketIndicator #MarketForecast #learntoearn

Update Alert:

Revised Top 10 Coin Predictions by Dubai Token2049 Experts!

$BTC BTC: Targeting $80,000 by May's end.
$ETH ETH: Expected to hit $4,500 by May-June.
$BNB BNB: Anticipated to reach $650 by May-June.
$SOL: Predicted to hit $350 by May-June.
$DOT: Projected to reach $45 by June.
$Matic: Expected to hit $3.5 by June-July.
$ADA: Anticipated to reach $1.9 by May-June.
$NEAR: Expected to reach $15 by May-June.
$AGIX: Projected to hit $3.5 by June.
$DOGE: Expected to reach $0.45 by June-July.

#Update #CryptocurrencyPredictions #MarketForecast #BullorBear #Megadrop

🔮📈 Novogratz's Bold Prediction: Bitcoin Set to Bounce Back Stronger after the next dip! 📉💥

Galaxy Digital CEO Mike Novogratz remains unwavering in his optimism for Bitcoin despite the recent market turbulence. In a recent post on X social media, he shrugged off the latest correction as a mere "risk fish," expressing confidence that Bitcoin will soon resume its upward trajectory after weathering the storm.

🌊 The recent market dip, triggered by escalating tensions in the Middle East following Iran's retaliatory strike on Israel, saw Bitcoin experience its most significant single-session drop since the collapse of Silicon Valley Bank (SVB).

💥 Novogratz's Take: Despite the uncertainty looming over geopolitical events, Novogratz remains hopeful for a peaceful resolution. He emphasizes the importance of maintaining calm and avoiding further escalation in the region.

💰 Looking Ahead: Novogratz's bullish outlook extends beyond the current market turmoil. He previously predicted Bitcoin's price to surpass $100,000 in 2024, citing the growing momentum in Bitcoin exchange-traded funds (ETFs) as a driving force behind his optimistic forecast.

📉 Market Dynamics: While Novogratz anticipates favorable micro-financial conditions for the cryptocurrency market, potential delays in interest rate cuts by the U.S. Federal Reserve due to inflation concerns and geopolitical tensions could pose temporary hurdles.

💡 Bottom Line: Despite short-term challenges, Novogratz's confidence in Bitcoin's long-term potential remains unshaken. As investors navigate through market volatility, staying informed and maintaining a long-term perspective are key to capitalizing on opportunities in the ever-evolving crypto landscape. 🚀💪 #BitcoinOptimism #MarketForecast #BullorBear #bitcoinhalving 🌐🔍$BTC $ETH $BNB

Last week, BlackRock's iShares Bitcoin Trust (IBIT) achieved a new all-time high of 67% market share in spot Bitcoin ETF trading volume, surpassing its previous record of 61%

#BlackRocks #BTC #ETFvsBTC #tradingdata #MarketForecast

HelenPI's Bitcoin Forecast: Possible Decline and Uptrend**

HelenPI's analysis suggests Bitcoin may experience a slight decline before resuming growth.

Recently, BTC fell below the $58,300 support level but rebounded after hitting the trend line. The price then broke the $58,300 mark, rose towards the channel's resistance line, and has since corrected near the support level.

HelenPI anticipates Bitcoin will test the trend line once more before rebounding and continuing its upward trajectory. The target is set at $60,800, assuming the support holds and the upward channel remains intact.

Conclusion :

Bitcoin might see a brief dip to the trend line, but it's expected to recover and move towards the $60,800 target. Monitor the support levels closely for potential buying opportunities.

#Bitcoin❗ #MarketForecast #MarketSentimentToday #BinanceSquareFamily #BTC☀

Bitcoin Caught in a Tight Squeeze⏳

$BTC is forming a classic symmetrical triangle on the 4-hour chart. 📐 This pattern suggests a potential explosive move in either direction. 💥

If Bitcoin breaks above the upper trendline, we could see a bullish breakout. However, a breakdown below the lower trendline might signal a deeper correction. ⚠️

Which way will it break? 🤔 Let's see how this plays out! #Bitcoin #CryptoNewss #BTC☀ #TechnicalAnalysis #tradingtechnique #MarketForecast

Bitcoin's Potential Surge Before Fed Rate Decision

#MarketSentimentToday #Market_Update #MarketForecast
#BitcoinHalvingTrends #FedPolicy

Bitcoin recently tested the $53K support level and is now in a correction phase.

Analysts expect BTC to trade between $53K and $61K before the Fed's rate decision on September 18.

A potential rate cut may cause short-term market drops but is seen as bullish in the long term. It's crucial for Bitcoin to hold above the $50K mark to ensure recovery after the market dip.

If it fails, prices could dip to $47K or even $42K, though a quick rebound is anticipated.

Bitcoin broke through the 60,000 mark and did not stabilize, but did not break through the previous high, the morning market is also ushered in the retracement. And short-term trend broke out of the strong downward trend, low retracement of 58700 near the rebound out of the current price of 59100 position running, compared to more than a thousand points of the retracement, the current rebound strength is not strong, the current Mr. Coin position trainees 60300 near the empty single position, so the operation is not recommended to blindly chasing more than, and to beware of the market once again retracement of the support.

#BinanceTurns7 #MarketSentimentToday #Bitcoin❗
#MarketForecast #BTC☀

USD JPY is moving within the 145.830–150.900 range

#MarketSentimentToday #MarketForecast #USDT。 #tradingtechnique #TradingSecrets

General outlook

USDJPY has been trading in a sideways market within the last day.

Support levels are now located at 145.830 and 141.900.

If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.

Now, the resistance level is located at 150.900.The upcoming news will not influence your orders within the mentioned period.

Some traders may close their positions on Friday, which can add more pressure to the market.

Today's panic and greed index is 34 and the rating is Fear.

Today's panic and greed index is 34 (yesterday was 39), and the rating is Fear. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market research (15%) + Bitcoin’s proportion of the entire market (10%) + Google hot word analysis (10%).

#fearandgreedindex #MarketSentimentToday #MarketForecast #BinanceSquareFamily #Binance

📉🚀 Exploring the 4 Stages of Bitcoin Halving:

1. The Pre-Halving Rally: 🎉
- With around 21 days until the April 2024 Bitcoin halving, we're witnessing a historic pre-halving rally.
- Typically occurring about 60 days before the halving, this phase sees Bitcoin reaching new heights, breaking all-time highs with unprecedented momentum. 📈💥
- However, as the halving approaches, the upward momentum begins to slow, leading to the next stage.

2. Retracement Before Halving:🔄
- Despite the initial excitement, Bitcoin has experienced a retracement of approximately -18% in recent weeks.
- This retracement marks the transition from the pre-halving rally to the pre-halving retracement phase.
- As Bitcoin readjusts and consolidates its gains, investors must navigate this period of correction with caution. ⚠️💰

3. Anticipation and Preparation:⏳🔍
- With the halving drawing nearer, investors are closely monitoring market dynamics and adjusting their strategies accordingly.
- Anticipation builds as traders prepare for potential fluctuations in the lead-up to the halving event.
- Strategic planning and risk management become paramount as investors position themselves for the next phase of the Bitcoin halving cycle. 💼📊

4. The Halving Event:🎉🪙
- Finally, the much-anticipated halving event occurs, marking a significant milestone in Bitcoin's journey.
- As the block rewards are halved, the supply of new Bitcoins entering the market decreases, potentially leading to increased scarcity and upward pressure on prices. 💱🚀
- The halving event often triggers renewed interest and speculation in Bitcoin, setting the stage for the next cycle of growth and opportunity. 🌐💡

Follow along for more insights and updates on market predictions, cryptocurrency trends, and strategic investment advice! #BTC #MarketForecast $BTC $ETH $SOL 📈🔮

🥇 Michael Saylor expects a $BTC price of $49M per coin as soon as 2045
#BTC #Binance #MarketForecast #BinanceSquareFamily

ETH is similar to BTC last time at first days ETF trading.

Patiently wait about 7 -10 days to see the bottom.

#BTC #ETH #ETFvsBTC #ETF✅ #MarketForecast

ETH is similar to BTC last time at first days ETF trading.
Patiently wait about 7 -10 days to see the bottom.
#BTC500K #ETH #ETFvsBTC #ETF✅ #MarketForecast

Initially ridiculed, now they inquire about the strategy.

I experienced it firsthand.

I was branded "foolish" for buying Bitcoin at $15k, but it marked the market's bottom.

They unfollowed me, when I predicted a bounce at $50k; Now, they are just waiting for any pullback to get in.

The Truth is, many people are sidelined.

I foresee this Bitcoin cycle as the most significant, and the biggest and this will be liberating many of my followers financially.

Ignore at your peril; and you’ll waste this final crypto bull run.

Regrets will abound for those who delay and are not following me earlier.

#Write2Eam #CryptoInsights #MarketForecast #cryptoversehub

$BTC

JUST IN: There is now a 100% chance of a 25 bps interest rate cut by September, according to CME FedWatch.

#MarketForecast #Market_Update #BinanceSquareFamily #analysisreport

AUD USD tested the resistance level of 0.67950

#USDTUSDT #MarketForecast #MarketUpdate
#TradingPredictions #BinanceSquareFamily

General outlook

AUDUSD has been under buying pressure within the last couple of hours.

Support levels are now located at 0.67000 and 0.66000.

Now, the resistance level is located at 0.67950.

Analysts recommend opening a Sell order with a stop loss above the previous high.

The upcoming news will not influence your orders within the mentioned period.

Some traders may close their positions on Friday, which can add more pressure to the market