Support around 97461.86 is the key
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When USDT is moving sideways, USDC seems to be leading the coin market in the short term by gapping up.
For the altcoin bull market to start, BTC dominance must remain below 55.01 or show a downward trend.
USDT dominance is expected to touch around 2.84 at the most.
If it touches around 2.84 and starts to rise, the coin market is expected to turn into a downtrend.
If USDT dominance rises above 4.97, a sharp decline is expected in the coin market.
After that, the trend of the coin market is expected to be determined depending on whether it is supported or resisted around 4.97.
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(NAS100USD 1D chart)
The point to watch is whether NAS100USD can rise above the support zone and be maintained.
The high point boundary zone is likely to be applied as a resistance zone, but if it breaks through upward, it is likely to create a new upward wave.
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(BTCUSDT 1D chart)
If it receives support near 97461.86, it is expected to turn into a short-term uptrend.
However, USDT must show a gap-up trend.
If not, it will fall again.
You should also check if the BW and DOM indicators rise above 0 and if the candle's Body color turns green.
Confirming support is a tedious and difficult task that requires checking the movement for at least 1-3 days.
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The point of interest is whether it can receive support near 101947.24 around January 10, the next volatility period.
If it falls, it is important to see whether it supports the important support and resistance area of 93576.0-94742.35.
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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, I expect that we will not 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.
That 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, this Fibonacci ratio is expected to 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 and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, 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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Bitcoin (Cryptocurrency)
Ethereum: 120% Upside Potential from here!CRYPTOCAP:ETH NASDAQ:ETHA
You thought crypto was dead?! Not by a long shot friends!
- Bull Flag retest then Higher low
- Breakout of Cup&Handle coming soon
- Williams CB thriving
- H5 Indicator is GREEN
- Launching off Volume Shelf into ATH's
Measured Move: $6800!🎯
Not financial advice
Bitcoin - Please Look At This Timeframe!Bitcoin ( CRYPTO:BTCUSD ) is still totally bullish:
Click chart above to see the detailed analysis👆🏻
Please just make sure, that you don't trust Bitcoin with its daily swings of more than -5%. Looking at the overall picture, Bitcoin is still incredibly bullish and almost trading at its all time high. Bulls are 100% in control of everything and some profit taking along the way is just normal.
Levels to watch: $70.000, $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Will Bitcoin Break the Heavy Support Zone!? Happy New Year 2025 ! May this year bring you health , happiness , and financial success 🎉.
Let's make it a year of growth and prosperity together !
First, let's take a look at the reasons for Bitcoin's decline these days :
1 - Profit-Taking : Long-term investors are selling after 2024's gains.
2 - Federal Reserve Policy : Slower rate cuts in 2025 have dampened optimism .
3 - Macroeconomic Concerns : Inflation risks and high-interest rates affect sentiment.
4 - Institutional Activity : Reduced MicroStrategy purchases and Bitcoin ETF outflows show declining institutional interest.
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Now, let's take a look at the Bitcoin ( BINANCE:BTCUSDT ) chart from the point of view of Technical Analysis :
Bitcoin is currently moving in a Heavy Support zone($95,000-$90,870) and is trying to break this zone. Also, the most important Resistance for Bitcoin , in my opinion, right now is the 50_SMA(Daily) and in the next step $98,100 .
In addition, with the closing of the monthly candle , we can also see the Shooting Star Candlestick Reversal Pattern .
After breaking the Uptrend lines , I expect Bitcoin to fall at least to the width of the Ascending Channel(broken) and Potential Reversal Zone(PRZ) .
Cumulative Short Liquidation Leverage : $97,686-$96,380
Cumulative Long Liquidation Leverage : $91,446-$90,000
⚠️Note: If Bitcoin breaks the Resistance lines and Resistance zone($96,620-$95,500), we can hope for a further increase in Bitcoin.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Do not forget to put Stop loss for your positions (For every position you want to open).
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Long Story short for BTCHistory hasn't failed yet, so the four-year cycle is still intact until it isn't. I have stretched this chart out for the next couple of years so that you can get a good idea of where the potential bottom will be during the next bear market. I plan to accumulate as much as possible the closer it gets to 66k. If we do reach a 150-250k top this cycle then I will expect a bear market bottom between 66-76k. Watch my levels and use them as a guideline. Historically Bitcoin has NEVER returned to the price its low during the US election week:
2012 Election Week Low - $10
2016 Election Week Low - $700
2020 Election Week Low - $13,200
2024 Election Week Low - $66,800
that brings us to now... if this doesn't indicate the current market sentiment then I don't know what will. There's a reason why many genius economists are speculating a 1 million dollar bitcoin in the next 8 years.
BTCUSD ShortOn the higher timeframe we've broken a down trendline and price has stalled out, not completing the Fibonacci sequence. We had a shallow retracement.
I see the potential for retracement to $77K to $79K with the potential for deeper retracement to $68K should we break the key level of support to the downside.
Bitcoin's Wave 5 of 5: The Road to 180k?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#Bitcoin Fractal Potential (Log):
Bitcoin’s price movements have long fascinated analysts, particularly the recurring fractal patterns observed within actionary waves. These patterns, while intriguing, require careful interpretation, as they do not guarantee future outcomes but offer potential insights into the market’s trajectory.
This analysis focuses on wave 5 (W5) within the actionary waves 1 and 3. Historically, W5 has often been the longest wave in these sequences, suggesting a possibility for significant movement if the pattern persists. However, it’s essential to approach these projections with caution and flexibility.
The Wave Structure
In Elliott Wave Theory, actionary waves 1, 3, and 5 are motive waves, typically impulsive and aligned with the primary trend. Among these, wave 3 usually attracts speculative momentum, leading to significant price moves. Historical data suggests, in this case, that wave 5 has frequently outpaced waves 1 and 3, hinting at the potential for the final wave 5 to extend as well. This pattern, while intriguing, is not a fixed rule and should be treated as a hypothesis rather than a certainty.
Key Levels: W4 and Conservative Pivots
For wave 5 to develop, wave 4 (W4) must establish firm support. Currently, the critical level to watch is 86.8k. If Bitcoin holds this level, it could provide a foundation for further upward movement. Using conservative pivots, potential targets for W5 are estimated between 145k and 180k. These projections are based on historical extensions but remain speculative and contingent on market conditions.
Potential Scenarios
Bullish Case: If Bitcoin holds above 86.8k and demonstrates impulsive upward moves, it increases the likelihood of hitting the projected targets. Look for strong rallies and corrective pullbacks as indicators of sustained momentum.
Bearish Case: A failure to maintain support at 86.8k could invalidate the W4 setup, suggesting a deeper correction or a shift in the wave structure. This would necessitate reevaluation and could indicate a prolonged consolidation phase.
Caveats and Confluence
While the projections are based on historical patterns, they are not deterministic. The potential alignment of area levels and Fibonacci zones adds confluence but does not eliminate uncertainty. Observing impulsive price movements and corrective behaviors at smaller degrees is crucial for confirmation.
It’s also important to remain aware of external market factors that can influence Bitcoin’s price action. These variables can disrupt even the most well-founded wave structures.
Final Thoughts
The potential for Bitcoin to reach 145k-180k is an exciting prospect, but it is not a foregone conclusion. Traders should treat these projections as one piece of the puzzle and incorporate other tools and analyses. Flexibility and adherence to key levels are essential to navigate the inherent uncertainty of markets.
Whether history repeats or diverges, the coming months will provide valuable insights into Bitcoin’s fractal tendencies and market behavior.
Trade safe, trade smart, trade clarity.
an analysis on BTCBINANCE:BTCUSDT
✅ Currently, with the break of the $97,500 resistance, it can grow to the top of its trading range, which is the $99,500 range 👌
✅ Bitcoin's exit from the top of the short-term trading range will start a new upward wave and record a new high for Bitcoin 👍
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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Let’s navigate the markets together—join the journey today! 💹✨
HelenP. I Bitcoin will make movement up and then start fallHi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price declined to the support level, which coincided with the support zone, and then even broke this level and declined a little below the support zone. Soon BTC turned around and started to grow, broke the support level one more time and some time later reached the resistance level. Price tried to break this level, after which it dropped to the support zone and then in a short time back up to the resistance zone. Bitcoin some time traded inside the resistance zone and then rebounded up to the trend line and then started to decline. In a short time, the price declined to the support level, which coincided with the support zone, breaking the 101000 resistance level and starting to trades inside consolidation. In range, BTC some time traded near the support level and then bounced up to the top part of the consolidation, and even reached the trend line and then in a short time declined to the support zone. After this movement, BTC rebounded and broke the trend line and now continues to grow. So, in my mind, BTCUSDT will grow a little more and then start to decline to the support level. For this case, I set my goal at the 93100 level. If you like my analytics you may support me with your like/comment ❤️
Bitcoin can continue to decline inside downward channelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and dropped to the support level, which coincided with the buyer zone. After this, the price rebounded from the 92800 level, rose to the resistance level, and even rose higher, breaking it again. Soon, BTC turned around and in a short time declined to support level, breakingthe 97500 level one more time and then it made impulse up. Price rose higher than the resistance level, but soon turned around and started to decline inside the downward channel, where it broke the 97500 level again and then fell to the channel's support line. Next, the price tired to grow, but failed and continued to decline. Later BTC fell to the support level, and even declined lower, reaching the support line of the channel, after which it started to grow. in a short time, BTC rose to the resistance line of the channel, breaking the 92800 level, but recently it turned around and fell to the support level. Now, I expect that BTC can rise a little more to almost the resistance line of the channel and then fall to the support level. Then price can break this level and continue to decline inside the downward channel. So, I set my TP at 91000 points. Please share this idea with your friends and click Boost 🚀
Bitcoin: A New Year's Gift? Engulfing Zones Signalhello guy!
First of all! Happy New Year!
I believe in a long position here! Why? let's explain it!
Engulfing Zones:
The term "engulfed" on this chart represents price levels where strong price movements absorbed opposing orders, marking areas of liquidity shifts.
The most recent engulfing level near $93,500 is a critical pivot. It has established itself as a short-term resistance point to watch.
Support Zone:
The shaded region around $91,000–$92,000 has consistently acted as strong support, with multiple rejections confirming its significance.
This zone is crucial for maintaining the current bullish structure.
Resistance Levels:
First Resistance: $93,500–$95,000, which aligns with prior engulfing price action.
Major Resistance: $97,271, marking the upper boundary of the consolidation range and a potential breakout zone.
Trend Structure:
The chart suggests a building bullish structure, with higher lows forming. This indicates buyers are gradually stepping in at higher price levels.
Potential Breakout Setup:
The chart projects a bullish breakout above $93,500 and a test of $95,000. A sustained move above $95,000 could pave the way for a rally toward $97,271.
____________________________________
Scenarios to Watch:
Bullish Scenario:
A breakout above $93,500 confirms momentum toward $95,000. Clearing this resistance opens the path to $97,271 and possibly higher levels.
The continuation of higher lows supports the bullish outlook, provided the price remains above $91,000.
Solana $SOLUSD Trend line Break Out Solana COINBASE:SOLUSD Trend line Break Out
### Trend Line Breakout: A Technical Analysis Description
A **trend line breakout** is a key concept in technical analysis used by traders and investors to identify potential shifts in market trends and price momentum. Here's an in-depth explanation:
#### 1. **Understanding Trend Lines**
- **Definition**: A trend line is a straight line drawn on a price chart that connects at least two significant price points, acting as a support in an uptrend or resistance in a downtrend.
- **Purpose**: Trend lines help to visualize the direction of the market (uptrend, downtrend, or sideways movement) and provide a framework for understanding price behavior.
#### 2. **What is a Breakout?**
- A **breakout** occurs when the price moves decisively above a resistance trend line (in a downtrend) or below a support trend line (in an uptrend).
- The breakout signifies a potential change in the prevailing trend, which could lead to the beginning of a new trend or an acceleration of the existing trend.
#### 3. **Types of Breakouts**
- **Bullish Breakout**: When the price breaks above a resistance trend line, indicating a potential upward move.
- **Bearish Breakout**: When the price breaks below a support trend line, signaling a possible downward move.
#### 4. **Key Characteristics of a Trend Line Breakout**
- **Volume Confirmation**: Breakouts accompanied by high trading volume are considered more reliable as they reflect stronger market participation.
- **Retest of Trend Line**: After a breakout, the price often retests the trend line before continuing in the direction of the breakout.
- **Magnitude of Move**: The strength of the breakout can indicate the potential magnitude of the subsequent price move.
#### 5. **How to Use Trend Line Breakouts**
- **Entry Points**: Traders often enter positions in the direction of the breakout, buying during bullish breakouts or selling short during bearish breakouts.
- **Stop-Loss Placement**: Stops are typically placed just below the breakout level (for bullish breakouts) or above (for bearish breakouts) to manage risk.
- **Target Price**: Measured moves or projections based on prior price patterns or Fibonacci extensions can guide profit-taking.
#### 6. **Common Pitfalls**
- **False Breakouts**: Sometimes, the price moves briefly beyond the trend line but fails to sustain momentum. These are referred to as false breakouts and can trap traders.
- **Over-reliance on Trend Lines**: Trend lines are just one of many tools; confirmation from other technical indicators (e.g., RSI, MACD) enhances reliability.
#### 7. **Examples and Real-World Applications**
- **Uptrend Breakout**: In an uptrend, a breakout above a consolidating resistance trend line may signal the continuation of the bullish momentum.
- **Downtrend Breakout**: In a downtrend, breaking below a support trend line can indicate further bearish pressure.
Trend line breakouts are integral to many trading strategies. By understanding their mechanics and combining them with other analytical tools, traders can effectively capitalize on market opportunities while managing risks.
Levont - BTC/USD Analysis: Testing Key Resistance ZoneBTC/USD Analysis (Daily Chart - D1)
Price Structure:
- Bitcoin is currently trading at $96,884 , approaching a key resistance zone between $98,000 and $100,000 . This area has historically acted as a significant rejection point, as seen in previous candles with long upper wicks around this region.
- The chart shows a clear rebound from the support zone around $90,000-$92,000 , where buyers stepped in strongly to prevent further declines. This movement validates the support as a critical level.
- Overall, the structure presents a consolidation pattern within a broad range between $90,000 (support) and $100,000 (resistance) .
Potential Scenarios:
1.Bullish Scenario:
- If the price successfully breaks above the $100,000 resistance (confirmed by a strong daily close above this level), we could see a move toward higher levels such as $102,000-$104,000 , or even beyond.
- An increase in volume during the breakout would be key to validating this scenario.
2.Bearish Scenario:
- If the price fails to break the resistance and shows rejection through candles with long upper wicks or bearish patterns (e.g., shooting stars), we could expect a correction toward immediate support at $94,000 , or even a more pronounced drop toward recent lows at $90,000 .
Key Indicators:
- Volume : Currently low, suggesting indecision in the market. A significant breakout will require notable volume expansion.
- Candles: Recent candles show solid bullish bodies, but the next sessions will be crucial to confirm whether buyers have enough strength to challenge the resistance.
🔑 Key Levels:
- Resistance: $98,000 - $100,000
- Support: $94,000 and $90,000
🌍 BTC/USD Fundamental Analysis
Positive Factors:
1. Institutional Adoption:
- Companies like MicroStrategy continue accumulating Bitcoin. Their recent massive purchase reinforces the long-term bullish narrative.
- Institutional interest remains strong as Bitcoin solidifies its position as an alternative asset against inflation and global economic uncertainty.
2. Favorable Regulation:
- In the U.S., there are expectations of clearer and more favorable crypto policies under the current administration. This could attract new capital flows into the market.
3. Seasonal Trends:
- Historically, January has been a positive month for Bitcoin. Investors often reset their strategies after year-end tax-related sell-offs.
Negative Factors/Risks:
1. Token Unlocks:
- January is expected to see massive token unlocks across various crypto projects (approximately $7 billion in value). This could indirectly create selling pressure on Bitcoin as investors seek liquidity.
2. Global Monetary Policy:
- The hawkish stance of central banks (e.g., the Federal Reserve) could limit flows into speculative assets like Bitcoin if interest rates continue rising.
3. On-Chain Activity:
- While long-term holders are accumulating, on-chain data shows a decline in overall transaction activity. This could indicate reduced interest from retail participants.
BTCUSD H4 Outlook If this current H4 candle closes below my poi which is 97552.82 I'll be looking to sell Bitcoin down to the indicated liquidity zone 92743.63
If price close above it. I'll wait for the next three H4 candles to know if I'd still be willing to see Bitcoin fall to 92743.63.
What's your outlook on BTC. Drop your comments I'll be glad to read your point of view.
BTCUSD: Williams bounce points to $119k next.Bitcoin is neutral on its 1D technical outlook (RSI = 52.385, MACD = -483.200, ADX = 34.048) and just today it hit its 1D MA50, which is the first sign of restoring the bullish trend. The strongest bullish indicator is the Williams%R, which has rebounded rapidly since turning oversold at -93.00. Every time it hit that level and rebounded since July 2024, it rallied by +30%. Consequently, we aim for just under that level (TP = 115,000).
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BTC Breakouts Galore: Could 100K Be on the Horizon?Bitcoin has been experiencing one breakout after another, appearing almost unstoppable. If BTC manages to push through the next resistance level, I see a real chance it could reach $100K—and potentially climb even higher once it breaks that critical barrier.
What do you think?
Stay tuned, and I’ll catch you in the next one — peace!
Bitcoin - It Will Reach $100.000!Bitcoin ( BITSTAMP:BTCUSD ) will break out soon:
Click chart above to see the detailed analysis👆🏻
Everything, and I literally mean everything, is bullish on Bitcoin. The previous cycles, timeframes, market structure and price action are all pointing towards the continuation of the bull run which started in 2023. And a breakout above the all time high, is the next trigger.
Levels to watch: $70.000, $100.000
Keep your long term vision,
Philip (BasicTrading)
BITCOIN Dominance drop is about to trigger a massive Altseason!Bitcoin (BTCUSD) closed December on a marginally bearish 1M candle and is expected to start the 3rd year (2025) of the current Bull Cycle on strong bullish pressure.
As you can see on this chart, BTC Dominance (blue trend-line) has started to decline already since October 2024. That is when Bitcoin completed 36 months (1096 days) from the previous Cycle top (green candle).
This is a highly cyclical pattern as BTC Dominance during previous Cycles dropped every time Bitcoin completed 36 months from the previous All Time High (ATH). That was when the Altseason started, which is the most aggressive part of the Altcoin market.
Based on this chart we are about to see an accelerated drop on Bitcoin's dominance, with earnings and added capital being transferred to Altcoins, causing a new Altseason.
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Crypto & IWM Leading the way higher!At the beginning of the month, I anticipated a necessary pullback due to the red barrier on the Wr%. While I accurately predicted the pullback, I underestimated its severity and was slightly off on the timeline. As a swing/long-term trader, I'll accept minor discrepancies in the degree of severity and timing.
In a previous video and subsequent write-ups, I emphasized that Crypto CRYPTOCAP:BTC , CRYPTOCAP:ETH , and AMEX:IWM , CAPITALCOM:RTY would lead us out of the DIP. This week, we are witnessing exactly that! Crypto and the Russell 2000 are bouncing back stronger than NASDAQ:QQQ and $SPY.
In my 2025 preview, I discussed how AMEX:IWM has lagged behind since its peak in 2021. Before this bull market truly ends, we need a catch-up rally where the Russell launches itself at the SP500. I believe we will witness this in 2025, culminating in a blow-off top similar to 2021, followed by a significant correction crash.
Not financial advice.