• bitcoinBitcoin (BTC) $ 62,640.00
  • ethereumEthereum (ETH) $ 2,454.53
  • tetherTether (USDT) $ 0.999633
  • bnbBNB (BNB) $ 570.42
  • solanaSolana (SOL) $ 145.84
  • usd-coinUSDC (USDC) $ 0.999902
  • xrpXRP (XRP) $ 0.527535
  • staked-etherLido Staked Ether (STETH) $ 2,454.41
  • dogecoinDogecoin (DOGE) $ 0.110081
  • tronTRON (TRX) $ 0.162544
  • the-open-networkToncoin (TON) $ 5.15
  • cardanoCardano (ADA) $ 0.347542
  • avalanche-2Avalanche (AVAX) $ 28.59
  • wrapped-stethWrapped stETH (WSTETH) $ 2,898.82
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 62,448.00
  • wethWETH (WETH) $ 2,454.40
  • chainlinkChainlink (LINK) $ 10.71
  • bitcoin-cashBitcoin Cash (BCH) $ 320.64
  • suiSui (SUI) $ 2.22
  • daiDai (DAI) $ 0.999830
  • polkadotPolkadot (DOT) $ 4.13
  • uniswapUniswap (UNI) $ 7.67
  • leo-tokenLEO Token (LEO) $ 6.05
  • nearNEAR Protocol (NEAR) $ 4.61
  • aptosAptos (APT) $ 9.87
  • litecoinLitecoin (LTC) $ 64.65
  • bittensorBittensor (TAO) $ 648.91
  • wrapped-eethWrapped eETH (WEETH) $ 2,576.15
  • pepePepe (PEPE) $ 0.000009
  • internet-computerInternet Computer (ICP) $ 7.79
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.40
  • kaspaKaspa (KAS) $ 0.131832
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998847
  • moneroMonero (XMR) $ 151.40
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.363068
  • ethereum-classicEthereum Classic (ETC) $ 18.49
  • stellarStellar (XLM) $ 0.090016
  • dogwifcoindogwifhat (WIF) $ 2.61
  • blockstackStacks (STX) $ 1.68
  • okbOKB (OKB) $ 41.54
  • ethena-usdeEthena USDe (USDE) $ 0.998693
  • immutable-xImmutable (IMX) $ 1.48
  • aaveAave (AAVE) $ 152.11
  • whitebitWhiteBIT Coin (WBT) $ 15.31
  • optimismOptimism (OP) $ 1.67
  • filecoinFilecoin (FIL) $ 3.51
  • render-tokenRender (RENDER) $ 5.28
  • crypto-com-chainCronos (CRO) $ 0.075777
  • mantleMantle (MNT) $ 0.601477
  • injective-protocolInjective (INJ) $ 19.85
  • arbitrumArbitrum (ARB) $ 0.522370
  • hedera-hashgraphHedera (HBAR) $ 0.050189
  • fantomFantom (FTM) $ 0.660243
  • vechainVeChain (VET) $ 0.022053
  • cosmosCosmos Hub (ATOM) $ 4.27
  • sei-networkSei (SEI) $ 0.456858
  • thorchainTHORChain (RUNE) $ 4.74
  • the-graphThe Graph (GRT) $ 0.160607
  • bitget-tokenBitget Token (BGB) $ 1.08
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,453.85
  • bonkBonk (BONK) $ 0.000021
  • popcatPopcat (POPCAT) $ 1.37
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,744.01
  • celestiaCelestia (TIA) $ 6.05
  • flokiFLOKI (FLOKI) $ 0.000134
  • theta-tokenTheta Network (THETA) $ 1.26
  • mantra-daoMANTRA (OM) $ 1.46
  • arweaveArweave (AR) $ 18.75
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,563.51
  • gatechain-tokenGate (GT) $ 9.19
  • makerMaker (MKR) $ 1,317.13
  • pyth-networkPyth Network (PYTH) $ 0.313765
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 62,485.00
  • heliumHelium (HNT) $ 6.28
  • jupiter-exchange-solanaJupiter (JUP) $ 0.781991
  • worldcoin-wldWorldcoin (WLD) $ 1.97
  • based-brettBrett (BRETT) $ 0.102618
  • algorandAlgorand (ALGO) $ 0.119718
  • ondo-financeOndo (ONDO) $ 0.688970
  • kucoin-sharesKuCoin (KCS) $ 8.16
  • matic-networkPolygon (MATIC) $ 0.362747
  • ethenaEthena (ENA) $ 0.350221
  • quant-networkQuant (QNT) $ 64.59
  • lido-daoLido DAO (LDO) $ 1.03
  • jasmycoinJasmyCoin (JASMY) $ 0.018699
  • bitcoin-svBitcoin SV (BSV) $ 44.54
  • aerodrome-financeAerodrome Finance (AERO) $ 1.35
  • bittorrentBitTorrent (BTT) $ 0.00000090
  • neiro-3Neiro (NEIRO) $ 0.002069
  • fasttokenFasttoken (FTN) $ 2.56
  • galaGALA (GALA) $ 0.021211
  • coredaoorgCore (CORE) $ 0.903509
  • flowFlow (FLOW) $ 0.533967
  • spx6900SPX6900 (SPX) $ 0.875645
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,422.09
  • wormholeWormhole (W) $ 0.305098
  • starknetStarknet (STRK) $ 0.410572
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,506.03
  • notcoinNotcoin (NOT) $ 0.007662
  • msolMarinade Staked SOL (MSOL) $ 178.58
  • beam-2Beam (BEAM) $ 0.014784
  • conflux-tokenConflux (CFX) $ 0.166282
  • usddUSDD (USDD) $ 0.997146
  • klay-tokenKlaytn (KLAY) $ 0.127155
  • neoNEO (NEO) $ 10.32
  • elrond-erd-2MultiversX (EGLD) $ 26.42
  • flare-networksFlare (FLR) $ 0.014367
  • mog-coinMog Coin (MOG) $ 0.000002
  • ordinalsORDI (ORDI) $ 34.09
  • eosEOS (EOS) $ 0.464679
  • axie-infinityAxie Infinity (AXS) $ 4.59
  • tezosTezos (XTZ) $ 0.682793
  • chilizChiliz (CHZ) $ 0.074855
  • paypal-usdPayPal USD (PYUSD) $ 0.999854
  • nervos-networkNervos Network (CKB) $ 0.014864
  • tokenize-xchangeTokenize Xchange (TKX) $ 8.35
  • ecasheCash (XEC) $ 0.000033
  • eigenlayerEigenlayer (EIGEN) $ 3.52
  • tether-goldTether Gold (XAUT) $ 2,657.37
  • fraxFrax (FRAX) $ 0.997186
  • mina-protocolMina Protocol (MINA) $ 0.551714
  • pendlePendle (PENDLE) $ 3.98
  • axelarAxelar (AXL) $ 0.774246
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 62,537.00
  • the-sandboxThe Sandbox (SAND) $ 0.257630
  • turboTurbo (TURBO) $ 0.008772
  • akash-networkAkash Network (AKT) $ 2.44
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,517.49
  • dydx-chaindYdX (DYDX) $ 0.908430
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006572
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000027
  • aleoALEO (ALEO) $ 2.70
  • superfarmSuperVerse (SUPER) $ 1.23
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.70
  • roninRonin (RON) $ 1.57
  • nexoNEXO (NEXO) $ 0.981594
  • decentralandDecentraland (MANA) $ 0.293797
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 62,567.00
  • zcashZcash (ZEC) $ 35.27
  • book-of-memeBOOK OF MEME (BOME) $ 0.007630
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,454.67
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.005198
  • pax-goldPAX Gold (PAXG) $ 2,667.43
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,454.61
  • beldexBeldex (BDX) $ 0.076211
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.80
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 152.42
  • aioz-networkAIOZ Network (AIOZ) $ 0.442527
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,653.74
  • true-usdTrueUSD (TUSD) $ 0.996908
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000086
  • arkhamArkham (ARKM) $ 1.73
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • dexeDeXe (DEXE) $ 8.37
  • apecoinApeCoin (APE) $ 0.706641
  • raydiumRaydium (RAY) $ 1.78
  • havvenSynthetix Network (SNX) $ 1.43
  • safeSafe (SAFE) $ 0.958569
  • zksyncZKsync (ZK) $ 0.127103
  • blurBlur (BLUR) $ 0.240952
  • oasis-networkOasis (ROSE) $ 0.069071
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • gigachad-2Gigachad (GIGA) $ 0.048159
  • gnosisGnosis (GNO) $ 171.55
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999818
  • layerzeroLayerZero (ZRO) $ 3.89
  • astarAstar (ASTR) $ 0.058807
  • iotaIOTA (IOTA) $ 0.123565
  • celoCelo (CELO) $ 0.772091
  • xdce-crowd-saleXDC Network (XDC) $ 0.028268
  • frax-etherFrax Ether (FRXETH) $ 2,446.32
  • metaplexMetaplex (MPLX) $ 0.422988
  • livepeerLivepeer (LPT) $ 11.84
  • apenftAPENFT (NFT) $ 0.00000042
  • dydxdYdX (ETHDYDX) $ 0.906920
  • usdbUSDB (USDB) $ 0.997738
  • theta-fuelTheta Fuel (TFUEL) $ 0.060126
  • l2-standard-bridged-weth-blastL2 Standard Bridged WETH (Blast) (WETH) $ 2,454.74
  • super-oethSuper OETH (SUPEROETHB) $ 2,454.33
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.078453
  • dogs-2Dogs (DOGS) $ 0.000769
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 62,650.00
  • compound-governance-tokenCompound (COMP) $ 43.88
  • bitcoin-goldBitcoin Gold (BTG) $ 21.89
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.06
  • echelon-primeEchelon Prime (PRIME) $ 7.86
  • iotexIoTeX (IOTX) $ 0.039345
  • stepnGMT (GMT) $ 0.127307
  • osmosisOsmosis (OSMO) $ 0.537790
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.40
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,455.72
  • kavaKava (KAVA) $ 0.336121
  • bitcoin-avalanche-bridged-btc-bBitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 62,603.00
  • dymensionDymension (DYM) $ 1.70
  • safepalSafePal (SFP) $ 0.704712
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006429
  • wemix-tokenWEMIX (WEMIX) $ 0.792418
  • harrypotterobamasonic10inHarryPotterObamaSonic10Inu (ETH) (BITCOIN) $ 0.320477

BTC/USD buy signal: A bullish outlook for Bitcoin

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BTC/USD trading strategy

  • Buy/sell asset: Buy BTC/USD
  • Entry price: 26,064
  • Stop loss: 25,689
  • Leverage: 3x
  • Take profit 1: 26,600
  • Take profit 2: 27,400
  • Take profit 3: 28,303
  • Timeframe: 1-2 weeks
  • Maximum profit: 25.68%
  • Maximum loss: 4.35%

BTC/USD chart and technical analysis

BTC/USD buy signal: A bullish outlook for Bitcoin

BTC/USD is making a correction after the recent rally and will possibly drop and retest the 26,064 support level before continuing the bullish trend. The 26,064 is a major support level and will possibly push the price upward.

Price made lower lows and dropped below the 27104 support level this week and will keep dropping until it reaches the 26,064 support level.

The drop in the price of Bitcoin is also reflected on all the altcoins which are falling even steeper and will possibly keep dropping until the CPI data is published on the US dollar this Friday.

Bitcoin’s fundamental analysis

Fundamentally, I am expecting the Crypto market will keep dropping until the CPI data is published.

If the data comes out positive and better than expected then the price of Bitcoin will possibly further drop and if the data turns out negative the price of Bitcoin might rally against the US dollar.

Bitcoin to US dollar trade idea key takeaways

  • Bitcoin will possibly drop and retest the 26,064 support level before making another rally.
  • I am expecting the price will make a steep recovery from the 26,064 support level.
  • Multiple take-profit levels have been added to secure profit along the way as the market can bounce back and hit the stoploss.
  • The risk-to-reward ratio on this trade is 1:5.9.
  • Good luck!

The post BTC/USD buy signal: A bullish outlook for Bitcoin appeared first on Invezz.

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