Get started

1-BTCUSD

Bitcoin: 100K Psych Barrier To Low 90s?Bitcoin 99,860: missed 100K by less than 200 points so far (on Coinbase). 100K is going to most likely serve as a psychological barrier which should be considered when evaluating RISK. My previous week's scenario failed to play out because the momentum from the election results is still driving order flow. Price has YET to REALLY exhibit a healthy retrace (while maintaining overall strength). The purpose of these weekly observations is NOT to forecast the future, but instead to identify the RISK and evaluate a higher probability scenario to anticipate. From there Bitcoin either delivers the attractive scenario or it does NOT. I don't control the market, I control RISK. The arrow on the chart points to the bearish inside bar that has established a new leg of bearish momentum. Realize that this retrace has not violated any major supports and can reverse at any moment. It is also important to realize that IF this retrace persists, the 95K to 92K area is the NEXT support. IF that is cleared this week, that will open the possibility of retesting the 85 to 82K support. Such a retrace can take a week or two to unfold, all while the broader bullish structure would still be intact. I don't have the wave counts on this chart, but from a quick glance, the recent surge appears to be a Wave 3 of a broader 5. This is inline with a greater chance of retrace (Wave 4), even if its minor before one more test of high which can test or break the 100K level at least briefly. Once a broad Wave 5 is complete, the chances of a sustained corrective cycle increase. Such a move can take a year or more to complete. This is a tendency, NOT a forecast and I don't bet on wave counts or structures, I bet on CONFIRMATIONS. A key point to take away from this is: I look to gauge risk and evaluate how a situation can be capitalized on. I will always highlight ELEVATED risk at highs, especially all time highs when it comes to investing or swing trades. Make no mistake, I am not bearish, I am simply cautious. Low risk high probability opportunities are RARE and also relevant to the time horizon of choice. If you can't handle the possibility of Bitcoin retracing 10 to 15K points, you either need to adjust your position size or avoid altogether and wait until a higher quality opportunity appears. My decision making process and strategies are based on typical repetitive behaviors that I have observed over years of playing this game. Outliers look glamorous BUT they cultivate bad habits. You may win this time because you bought at 95K, but over time, that same rational will cost you. Even if you leave some money on the table, it is cheaper to learn this lesson from me than it is to learn it from the market. Thank you for considering my analysis and perspective.
COINBASE:BTCUSD
by MarcPMarkets
28
Bitcoin: the $100K is the next targetMarkets continued to hold positive sentiment toward Bitcoin. The price direction from the US Presidential elections is set, and the main question currently is at which level the price might slow down? Another week brought another all time highest level at $99.088. This is quite close to the $100K the next target for the BTC. Based on sentiment, this level might easily be breached in the coming period. Analysts are noting a period until the end of this year, but it might easily come even sooner, as the demand continues to be quite strong. The RSI is still holding within strongly overbought territory. Under normal circumstances this would be an indication of a potential reversal in the coming period, however, in this specific case, it will certainly be postponed. For how long, nobody knows, but as long as there is high demand for BTC, the indicator will continue to move within the highly overbought territory. The moving average of 50 days continues to diverge from MA200, where any kind of trend direction is not expected in the coming period. BTC continues to move in an uncharted territory, which makes it hard to rely on technical analysis for any kind of reliable price predictions. The fundamentals are currently on the scene and they are playing a major role on the BTC market. For the week ahead, the price might easily continue to head toward the $100K and break this new level. How much further BTC can go, the answer is unknown at this moment. Short reversals are quite possible on this road toward higher grounds, but they are not going to be significant ones.
BITSTAMP:BTCUSD
by XBTFX
DogeGov Parabolic Thesis from Largest Whale HolderWhales are loading up here in the blue zone. Next Major TP: Heartline (red line) in center of the green zone is the next target which is anywhere between $0.75 and $2.00 by Dec 1st. Whales are loading up if you look at onchain metrics. Much larger orders coming through more frequently - several $10-20k purchase blocks. Some early whales are selling from the previous ATH - this is healthy and necessary if we are to make a new ATH. Largest whale Unipcs just bought $200k more a few days ago and continues to hold nearly 34 million DogeGov tokens or nearly $8M USD. Parabolic Whale Thesis Here is a link to his parabolic thesis in DogeGov also pasted below - Link i'll give you a simple, straightforward answer first before going into a longwinded essay on why I'm still bullish: i bought an additional $200k worth of D.O.G.E today this is despite my public wallet being the biggest holder with $8 MILLION+ worth of tokens i bought more not only because i genuinely believe that this is one of the biggest memecoin narratives to emerge this cycle but also because the current price action is very bullish many lose generation wealth on memecoins because they expect memecoins to simply pump to billion dollar caps in a straight line not only does it rarely work that way, but it's bearish if a new memecoin keeps pumping without pullbacks because you're going to have a lot of people who suddenly have a lot of wealth and have never seen their memecoin experience a real pullback so when they get the first real pullback they start dumping and it becomes a race to the bottom and there is almost no support for the token the best and healthy way for a memecoin to grow is to have explosive pumps followed by deep pullbacks followed by more explosive pumps while making new highs and that's exactly what's happening with D.O.G.E i'll share some data to better illustrate my point: - D.O.G.E has pumped 6,000% in the past month alone. that's A LOT of pumping and a bit of healthy correction is needed before the next aggressive leg up, which is what's happening right now - its holder count has doubled in the past week alone, which means a lot of new users are replacing those that are exiting - it has consistently been among the most traded token on the Ethereum chain in the past month. it is often the #1 traded token on the chain - it is currently the #2 most traded token on Ethereum & second only to CRYPTOCAP:PEPE which is a $9 billion memecoin. it also has more total unique on-chain holders buying it than any other token in the top 5. that's incredibly bullish as this volume shows strong demand from users - large wallets that are exiting are rapidly being replaced by smaller wallets which shows strong appetite for the token among small holders/retail who will keep evangelizing it at the end of the day, whenever many hear about my story of turning: - $16k to $18,000,000+ on CRYPTOCAP:BONK at peak - $6k to $1,000,000+ on CRYPTOCAP:WIF at peak - a lot of other smaller figures to 7 figures or an insane amount of Xs on other memecoins they assume that doing this is a cakewalk it isn't! often i need to hold these assets for months through periods of 50 - 90%+ pullbacks before i achieve these insane gains don't forget that i first started screaming about D.O.G.E around $6m - $9m market cap just 2 months ago it experienced a small initial 'Unipcs pump' at the time which then gradually fizzled out as the moonbois chasing a quick pump got out shortly after and many thought it was done yet i kept buying and screaming about it because i saw that the narrative and on-chain metrics favor an aggressive and explosive move for the token many ignored it because they thought it has no legs and now at $280m they wished they had bought earlier and at SEED_TVCODER77_ETHBTCDATA:1B + many will wish they had gotten in at these levels, God willing the reality is that my bullish thesis for D.O.G.E has only gotten stronger (which is why i am tweeting about it a lot more): - the Department of Government Efficiency / D.O.G.E has been announced so there's no doubt anymore that it will be formed - Elon keeps memeing the department and has committed to weekly 'transparency updates' about their activity which will only fuel a media frenzy around the narrative - Trump himself has memed the narrative by introducing a D.O.G.E t-shirt. we've seen several half-assed memes hit SEED_TVCODER77_ETHBTCDATA:1B + this cycle. imagine fading the ONLY narrative being memed by the literal President of the United States of America - normies like D.O.G.E. several people have reported that their retail friends are asking them about it and are consistently picking it when presented a sea of options and asked to make a choice - dogecoin is primed for an explosive rally heading into 2025 and D.O.G.E will be the largest beneficiary since it is the best DOGE beta right now - D.O.G.E has done this well without any solid CEX listings. what do you think happens when it gets some strong CEXs? i heard that there are quite a few coming! 👀 in all, i tend to be a lone voice screaming about all of these memecoins for a while but i often get ignored until they explode out of nowhere and outperform everything else including the favorite CT picks then you all of a sudden have everyone shouting once again that 'BONK GUY WAS RIGHT' well... bonk guy is screaming here once again NOTE: i'll paste the contracts and charts for the real Department of Government Efficiency / D.O.G.E below since many keep asking whenever i tweet about it - ETH contract: 0x1121AcC14c63f3C872BFcA497d10926A6098AAc5 - SOL contract (Cross-chain Bridge): KQijDbNJ6rPCqhtXrfH6gKa5cH3a39At8vHq34nnPbF (you can use this version if you want to have exposure on the Solana blockchain) - CEXs: D.O.G.E is listed as 'DOGEGOV' on Gate, BingX, and a few other CEXs
UNISWAP3ETH:DOGEWETH_60B0DA.USDLong
by DanOxAm
Bitcoin : A Classic Trendline Play in ActionA pullback is anticipated next week due to technical factors that suggest a period of consolidation or correction. First, the 4H 50 EMA (Exponential Moving Average) is heavily overextended, indicating that the price has moved too far, too fast, away from its mean. In such scenarios, market behavior often drives prices back towards the EMA to realign with the average, creating a contraction phase. This overextension highlights that the market may be entering a temporary overbought condition, increasing the probability of a short-term reversal or slowdown. Additionally, this setup aligns with a classic trendline dynamic. Prices have shown a slow and steady climb through the trendline, followed by a sharp upward leg, which typically signifies an overreaction or a climax move. Following such moves, it’s common for prices to retrace and test the trendline from above, acting as a support level. This behavior reflects the natural ebb and flow of markets, where breakout levels often need to be confirmed by a retest before the trend can sustainably continue.
by TheCryptoCity
BTC: Potential Bullish Opportunity After RetestBTCUSDT (Day Chart) Technical Analysis update Recently, BTC price broke through the broadening wedge resistance line and reached the peak resistance level of the wedge. However, the price was rejected at this peak and is now retesting the broadening wedge resistance, which may now act as support. After some consolidation around this level, we could anticipate a strong bullish move, making this an attractive buying opportunity for BTC.
Long
by HexaTrades
1