Bitcoin (Cryptocurrency)
HelenP. I Bitcoin can correct to trend line and then rebound upHi folks today I'm prepared for you Bitcoin analytics. In this chart, we can see how the price rose to the trend line and then turned around and dropped to the resistance level, which coincided with the resistance zone. After this, the price tried to grow but failed and broke the 101000 level and continued to fall to the support level, which coincided with the support zone, and when BTC reached this level, it at once rebounded up. Then price turned around and made a correction movement to the support level, after which repeated movement up to almost the resistance level. Next, Bitcoin made a correction to the 93200 support level again and even entered to support zone, but soon turned around and rebounded up to the trend line. When the price reached this line, it broke it and made a retest, after which continued to grow to a resistance zone. So, when BTC entered to resistance area, it turned around and at once dropped to the trend line, breaking the resistance level one more time. Just now, the price trades near the support level and I expect that BTCUSDT will correct to the trend line and then start to grow. For this case, I set my goal at 97000 points. If you like my analytics you may support me with your like/comment ❤️
BTC | FRACTAL | Multi Month to Higher High?BTC has been full of surprises - but I'm not complaining.
Initially, I was following a strict Elliot Wave Theory pattern, which played out extremely well - until the price shot out above the target.
I then re-adjusted the target to just under or just over 100k, which hit shortly after. The most interesting part though, is actually Ethereum. The fact that ETH has not yet made a new ATH after the dramatic BTC high, likely tells us the bull cycle is far form over.
I've been making a few updates on ETH and Altseason, and how you use the BTC.D chart, the BTC chart and the TOTAL# together to get a clear indication of where we are at in the cycle.
I've done MANY updates using this chart, because it is such a powerful combo to use. The fact remains - we have not yet seen a new ETH ath. This raises flags (and in the best possible way) indicating that the bullish cycle is not yet over.
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BYBIT:BTCUSDT COINBASE:ETHUSD
CAUTION: BTC may drop and will have some news to facilitate thatWhat if I tell you Price may reach 75k range before continuing bull trend.
I have been posting ideas since mid Dec 24 cautioning everyone and wait for confirmation before Yoloing (Check my other ideas). Don't get caught in influencers game.
on Daily TF, I am seeing H&S pattern and weakness in market to break structure for a month.
We may see BTC price touching 200 daily MA. This will invalidate if daily close above 108.5k.
I am not bearish, its just temporary pullback.
Even if you miss small rally to wait for confirmation, that's fine. you are reducing your risk.
Next Volatility Period:Around January 23rd - Around January 30th
Hello, traders.
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Have a nice day today.
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(BTCUSDT 1W chart)
There are 3 major rising channels.
The key is whether there is support at the HA-High indicator point of 94742.35.
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(1D chart)
Since a short-term downward channel has been formed, the point to watch is whether it breaks out of this short-term downward channel.
The key is whether it can rise with support at the important support and resistance zone (93576.0-94742.35).
If it falls below the BW(0) indicator, it is likely to fall to around 87.8K-89K.
In order to turn into a short-term uptrend, it must rise above 97461.86 and maintain the price.
Since the slope of the StochRSI indicator is changing, we can see that support is important around 93576.0-94742.35.
Since the BW and DOM indicators are below 0, we can see that the decline is strong.
This volatility period is until January 11.
Because all indicators are showing a decline, caution is required when trading.
It is recommended not to conduct new transactions during the volatility period if possible.
The reason is that there is a high possibility that the movement will be different from the direction you thought.
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The next volatility period is around January 23-30.
Therefore, the point of observation is which direction the price can be maintained by moving away from the important support and resistance range (93576.0-94742.35) after this volatility period.
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If the BW(100) indicator is created and falls and meets the BW(0) indicator, the wave can be considered closed.
Therefore, if it receives support from the BW(0) indicator and rises, it will meet the BW(100) indicator again and close the wave.
If the HA-High indicator is created and falls, it will meet the HA-Low indicator and close the wave.
Since it is currently experiencing resistance near the HA-High indicator and falling, if it fails to rise above the HA-High indicator, it will eventually meet the HA-Low indicator.
The four circle sections marked on the chart correspond to the support and resistance sections.
Therefore, it is expected that a trend will be formed when it breaks out of these four circle sections.
Therefore, it is expected that the future trend will be determined depending on which direction it breaks out of the 87.8K ~ 106133.74 section.
If the OBV indicator does not fall below the Lowest, BTC is likely to maintain its current upward trend or move sideways.
It is easier to interpret the trading volume with the OBV indicator than to interpret the distribution of trading volume.
It should be noted that the rise and fall of OBV does not necessarily lead to a rise and fall in price.
To overcome this, we made it easier to observe by displaying the Highest and Lowest to determine whether the latest high or low is broken.
It is difficult to interpret the indicator as a single indicator.
Therefore, we created the BW indicator or the DOM indicator to supplement this.
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Thank you for reading to the end.
I hope you have a successful transaction.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been in an upward trend since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support or resistance.
This is because the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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$BTC - Every shallow bounce is purely manipulationAfter hours of aggressive selling, it seems like every shallow bounce is just manipulated (bounce then fade!), yet the price is still holding up 92k.
If we can manage to keep this level, there's a good chance we might retest the supply zone 97.3k-98.7k to form a lower high.
Any rejection at the supply zone, I think sweeping those local lows of 88k-86k is imminent. I wouldn't expect us to drop below 85k just yet (we'll save that for later), so let's see how 88k-86k reacts.
Sometimes the simplest trade is the best trade | BTC $97K NEXT
CRYPTOCAP:BTC has formed an inverse head and shoulders pattern on the hourly chart, indicating weakening selling momentum. We've also seen a local higher high, suggesting the dip may be over.
Despite bearish news such as unconfirmed rumors about government sales and concerns over jobs and interest rates, the price is still recovering. This suggests that higher highs are likely ahead.
However, be cautious of weekend trading with lower volume, though I don't believe it will significantly impact the overall trend.
I know what's NEXT for Bitcoin!I recently shared two thoughts on Bitcoin price action to come..
In one of them I call for a retrace to 85K or lower, in the other I call for a new ATH. I know this might be a bit confusing so let's shed some more light on it.
Here you see BTC on the 1W Timeframe. I am using the Dynamic Fib Retracement indicator to do some trend analysis based on Fibonacci.
The blue colored zone/band is the golden pocket as calculated by the indicator from pivot highs/lows within a certain lookback range. The lines are the 0.236 (Preliminary), 0.382 (Secondary) and 0.5 (Median) Fibonacci retracement lines calculated in the same way. The purple line is the 1.618 retracement line (aka the ''Target Line'').
Now you understand this I can explain my thought process:
Scenario A (Bullish)
If price can manage to get back above the blue preliminary fib line and hold that range (around $98,550), I am convinced we see a new ATH for Bitcoin. The purple target line suggests the target for that would be around $117,000+ USD per BTC.
Scenario B (Bearish)
If price cannot get back above the blue preliminary fib line and finds resistance in that range around $98,550, I am convinced we see a bigger retracement for Bitcoin. The blue zone/band suggests the target for that would be around 80-83K USD per BTC as of right now, but this golden pocket band will slightly adjust higher so lets say $85,000 per Bitcoin.
Do you agree or do you have other ideas? Let me know!
BTC.D - Still in the ascending channelCRYPTOCAP:BTC.D remains firmly within its long-standing ascending channel. The recent “fake breakout” below the channel has been invalidated as dominance swiftly returned to the channel, showing a strong reaction and confirming the channel’s validity.
This suggests:
✅ Bullish Implication for BTC: Bitcoin is likely to continue gaining dominance in bullish moves, outpacing altcoins in performance.
✅ Bearish Impact on Altcoins: In downturns, altcoins are expected to experience sharper declines compared to Bitcoin.
Traders should monitor this channel as a key indicator for market behavior, especially for Bitcoin and altcoin strategies.
Bitcoin -> CorrectionBitcoin hit my target 100-120k of last video.
right now I have the 108k it hit as the 5th wave of the move that developed off the $16k bottom and we are looking at a larger correction around the $70k for an A wave.
Looking at the bullish case which is still a decent possibility is that we have hit the C wave or will soon (above 87.5k) and should start moving up again shortly.
if we do get the bullish move, I'm unsure at this moment to say whether we started another big move or it will be moving to another 5th wave top with large correction to follow.
not financial advice
-cryptowaveman
BITCOIN - THE KING OF CRYPTO (TECHNICAL ANALYSIS + TRADE PLAN)Descending Trading Channel:
Bitcoin is currently in a descending trading channel, indicating short-term bearish pressure but within a larger bullish structure.
The breakout above the channel's resistance line signals a potential reversal to an uptrend.
Support Zone:
A strong support zone is marked around the $92,000–$94,000 range, where demand is evident, as indicated by price consolidation.
Indicators:
RSI (Relative Strength Index):
RSI near 47 suggests the asset is in neutral territory but trending upwards, moving away from oversold conditions.
Stochastic Oscillator:
Bullish crossover near 66 indicates increasing momentum toward an overbought state, confirming the breakout possibility.
Money Flow Index (MFI):
Rising MFI implies capital inflow, supporting the likelihood of upward price movement.
VMC Cipher B Indicator:
Bullish divergences are forming, suggesting a potential trend reversal.
Volume Profile:
While not explicitly shown, the lack of significant volume during the recent decline confirms a corrective phase rather than a bearish trend.
Target Zones:
Initial target post-breakout: $100,000 (psychological resistance).
Secondary target: $108,000–$112,000, where historical resistance might emerge.
Trading Plan:
Entry Strategy:
Enter once Bitcoin decisively breaks above the descending trading channel resistance with strong volume confirmation.
Support Buy:
Accumulate near $92,000–$94,000 if the price retests the support zone.
Stop-Loss Placement:
Place stop-loss below the $90,000 mark to minimize risk if the breakout fails or support zone does not hold.
Short-Term Target:
Set take-profit at $100,000, just below psychological resistance to ensure execution.
Medium-Term Target:
Partial profit at $108,000 and $112,000 for extended upside.
Risk Management:
Limit exposure to 1-2% of total capital per trade.
Maintain a risk-reward ratio of at least 1:3 to optimize profitability.
Watch for increased volume during breakout confirmation.
Monitor macroeconomic factors and news affecting Bitcoin, as sudden events may invalidate technical setups.
BITCOIN (BTCUSD): Intraday Bullish Confirmation?!
Bitcoin looks bullish after a test of a key daily/intraday horizontal support.
The price violated a resistance line of a minor falling channel and formed a local
Change of Character CHoCH.
Chances are high that the price will continue growing.
Goals: 96900 / 100000
❤️Please, support my work with like, thank you!❤️
Bitcoin Trajectory for Q1 and Q2 2025Hey everyone, it’s been a while! 👋
Let’s dive straight into the Bitcoin outlook and my vision for the months ahead. 🚀
Key Observations 📊
Patterns : Rounding Top & Bottom.
Rebound Levels:
Alt. 1: $101,000
Alt. 2: $82,000
Moving Averages : EMA50 & EMA188.
Target Area : $135,000+ 🔥
Pro Tip 💡
I'm setting an alert for the EMA188 cross on BTCUSDT to stay ahead of the game.
Stay tuned for more updates and insights! 💬
All you need for Bitcoin to see top, bottom or a crash.These charts show everything you will ever need to buy and sell Bitcoin.
5 day BTC chart.(right chart)
Orange vertical lines on chart show when the RSI touches the pink horizontal line after it touches the top red horizontal line. This indicates a bear market.
Yellow vertical lines on chart show when RSI rose above orange line after touching the blue line but failed to touch the red horizontal line before hitting the pink horizontal line. This indicates a crash is coming.
The green arrows on chart show whenever the blue EMA8 goes below the yellow MA55 after being above it.
This indicates either BTC has entered a bear market or a crash like setup similar to covid. If we get another green arrow you will know what to do as it will be a crash or bear market.
The green trendlines on chart show each bull run Bitcoin touches this trendline 3 times or more before it has a parabolic move. The anamoly being the covid crash. So far this bull run it is only twice that Bitcoin has touched the green trendline.
On the LMACD the green vertical lines show everytime the 5day LMACD crosses down (blue LMACD line going under orange LMACD line) when it is above the horizontal yellow line. This has happened 21 times with only 1 time (red vertical line) where price did not drop to the EMA21 (orange moving average line) on the chart.
BTC just did this cross on LMACD so it has a 95% chance of moving down to touch the orange EMA21.
Based off all this clear evidence it is easy to see that you sell Bitcoin when RSI hits red horizontal line. Confirmation of bear market is as per indicators mentioned above.
You buy when RSI touches blue horizontal line.
You won't sell the exact top or buy the exact bottom but very close to it. You would need a different chart to calculate the exact top.
This chart will stand the test of time if history keeps rhyming for Bitcoin.
Monthly BTC chart.(left chart)
On the monthly chart the orange vertical lines indicate whenever the Stoch RSI went above the green horizontal line. The yellow vertical line on the chart shows the covid crash as the Stoch RSI did not stay above the green horizontal line for very long.
The green arrow on the Stoch RSI shows when it fell straight through the red horizontal line after being above the green horizontal line. This indicated a bear market.
The pink arrows on the Stoch RSI show the crossover of the Stoch RSI (blue RSI line crosses under orange RSI line) after it fell below the green horizontal line and bounced off the blue or red horizontal lines. This indicated the top and a bear market.
After seeing this current information on the Stoch RSI (bounce off blue line) it looks like the upcoming crossover will be a pink arrow.
These arrows indicate time to exit the market as you can see.
Bitcoin is Ready to Pump Again==>>Short-term!!!As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) fell to the Heavy Support zone($93,400-$90,000) .
Bitcoin is moving in a Heavy Support zone($93,400-$90,000) near the Support line .
According to the theory of Elliott waves , it seems that Bitcoin has completed the first 5 downward waves , and we can wait for upward corrective waves . Bitcoin has completed two corrective waves in the 15-minute time frame , and we can wait for the next corrective wave .
From the point of view of Classical Technical Analysis , it seems that Bitcoin has formed a Falling Wedge Pattern in the 15-minute time frame , and if Bitcoin breaks the upper line of this pattern, we can confirm this pattern.
I expect Bitcoin to rise to at least $95,170 AFTER breaking the Upper line of the Falling Wedge Pattern .
⚠️Note: If Bitcoin breaks the support line, we can wait for the Heavy Support zone($93,400-$90,000) to break.⚠️.
⚠️Note: In general, if you open a Long position, you can keep it up to the Resistance zone($96,680-$95,520) or Risk-Free your position.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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$BTC consolidation continues as we approach HUGE UP/DOWN EventI know we cant predict it but we can speculate. I use many many strategies and analytic built into trdingview and many other trading sites tools for trading cryptocurrency and FX stocks etc.. To the point. Using this ML by LuxAlgo sows a bad pic for BTC on 1D and 1W BUT the 1H is showing up trend to 130k~ the opposite for the 1D down to possibly 55k then the 1W is more SHARP down to $35k :L REMEMBER this is a Machine learning bot not the best thing to guess with. BUT it does work for what its made to do and I have made many positive gains with this tool alone or with MACD or RSI or sometimes other ML scrips or analytics.
So please put this over your BTC chart and see what LUX ALGOs ML chart as shown in idea on Left middle side. Check ho various it is not just on BTC but also try ETH and other smaller markets or memes like PEPE or even BONK etc or oter chain types POL(was MATIC) or DOT or ATOM etc. See and check the change between short 1Min - 1Hour vs 1Day - 1Month.
Note THIS indication isn't Correct! No IDEA is not 100%. Remember that. Remember "What WILL BE WILL BE" or "WHAT HAPPENS WILL HAPPEN" as my nan always said if we anxious of future events! It set me free literally as you realize its always going to Be what it Will BE! It cannot be changed! You think it can. and you CAN if you realize this. Then you can act with knowledge that you much make change in the NOW present to make that change you wanted in the Future.
If you manifest it it can happen. and that makes it What will be will be ore true. if you didn't do it it would still BE what it will be at that time. It cant change via thought. It can chnge by action before the "future".
ANyway share BTC knowlede share ideas sty strong! This isnt going to happen anyway...
BITCOIN Is Bullish! Long!
Please, check our technical outlook for BITCOIN.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 94,953.
Taking into consideration the structure & trend analysis, I believe that the market will reach 97,361 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
BTCUSDT h4 : UPDATE ROADMAPHi Good day,
after the decline that I explained to you in the previous analysis, now another perspective has been added that you can expect.
SecondChanceCrypto
⏰ 10/Jan /25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
$BTC Long long term Short Short term seems like its following VHi all how are we!? hope spirit are well stay strong!
This is update to my first of this idea the same idea I posted at the line it started. Its slowly moving to a LL Low low currently shaping a HL high low. When it swaps into a LH Low High that is confirmation of bullish sentiment between the LL nd HL. Basically a prime time to buy if other signals and analytics tell you to make a buy/long position. Never go of what I or anyone in Ideas say ALONE.. or reddit soil even Bloomberg or Forbes..
Anyway share your input o we can all learn more and grow as the Bitcoin Community!
Falling wedge on Bitcoin - A bullish signal - End of correction?I can see a falling wedge or flag pattern on the BTC-USD chart. The price hit the support zone around 92K and triggered a bullish price action that might be the end of the correction. I expect a short-term reversal from a bearish to a bullish trend in a neutral medium-term trend as long as the price stays within the wedge or flag. If the price breaks the pattern up, the medium-term trend could change into bullish again. If the trends turn bullish, the price might attempt to break the resistance zone around $105k by March 2025.