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Bitcoin Ending of 2024Bitcoin Price Forecast: A Nocturnal Market Analysis In the world of cryptocurrency, the twilight of the market reveals hidden patterns. As Bitcoin stands at its current threshold, we anticipate a compelling journey that starts with a retracement toward key support levels, setting up a crucial bounce. Phase 1: The Pullback to $85K Bitcoin's recent rally has brought us into an area of overextension, and with any strong upward momentum, a healthy correction is inevitable. The market will likely test the 2.618 Fibonacci extension level, located near $85,000. This zone marks a natural retracement point where the market will digest its prior gains, drawing in buyers looking to capitalize on discounted prices. Phase 2: The Bounce Upon reaching this critical support level, the market will reveal its true potential. The 2.618 Fibonacci level isn't just a number; it's the point at which bulls typically gather strength. Expect a strong bounce here, as this level has historically shown resilience, and it could set the stage for an explosive move upward. Phase 3: A Rise to the 423.6 Fibonacci Once the 2.618 level holds and Bitcoin begins its ascent, the next target lies at the 423.6 Fibonacci extension. This level, a key resistance zone, represents the potential to propel Bitcoin to new heights. The $150K+ region will become a focal point for the market, as Bitcoin positions itself for its next major leg up.
COINBASE:BTCUSDShort
by Shanshahani
Bitcoin analysis for long term I think that Bitcoin is about to end the current bullish cycle that came about because of the recent wars. Bitcoin followed gold in the last two years in the upward trend because of the wars, the war between Ukraine and Russia, the Israeli war on Gaza and Lebanon, and the global political and economic conflicts, which led to a very large rise in Bitcoin and gold, but I think that this current cycle is about to end after these wars reached closed areas and brought prices to very inflated prices. I think that this is a very big opportunity in alternative currencies because they will start to rise because many will liquidate Bitcoin by buying alternative currencies in order to increase profits and exit in the upward trend. I think that alternative currencies will rise between 100% to 1000% for each currency, so I see it as a suitable opportunity to get rid of Bitcoin between the current prices up to $105,000, and after that there will be downward waves that will last for a period that is not short, but may extend for months or years.
by alichfrcion
BTC/USD "BITCOIN" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 4h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
COINBASE:BTCUSDLong
by Thief_Trader
1
I'm light years away from everyone this was said September 30th On September 30th I posted that the last panic sale for bitcoin was a healthy pull-back and that it's just a panic sale People trolled me for that because they aren't traders they are gamblers And I've posted multiple time after that(check my profile) borderline begging people to buy Bitcoin for easy profit at least 5% now we are at more than 7% in 3 days Now is your chance buy as much as you can and follow to get the perfect exit point
Long
by thebitcoin_trader
2
Bitcoin, is the bull run continuing soon?I expect the Bitcoin price to consolidate in the 53,600 - 49,000 zone, after the price is fixed in the zone, I expect to see a price increase and a high probability of breaking the maximum. If you look at the Online LTH Realized Profit 7D metric, you can see a similar seasonality of the market that was in 2021, in addition to the online metric, I conducted a deeper study and found many arguments that confirm my expectations, there is a low probability that the price will drop below 48,900, I do not expect this level to break through.
by GarateTradeCrypto
3
BITCOIN ( TRADING ABOVE DEMAND ZONE ) ( 1D )BITCOIN HELLO TRADERS TENDENCY : generally the price stabilizing above turning level , indicates is under bullish pressure TURNING LEVEL : the price around 57,056 , as long as the price trading above this level reach a resistance level , breaking this level trying to touch a support level PRICE MOVEMENT : the price in previously can be stabilizing above turning level around 57,056 , and created a demand zone , currently price at 59,731 , my opinion the price retest a turning level 57,056 after rising my goal resistance level at 62,452 . PRICE ACTION : LONG CONDITION : have two cases to rising for reach a resistance level , first case the price toward directly reach a resistance level at 62,452 , second case price corrective a turning level at 57,056 before rising , if the price breaking supply zone reach a resistance level at 68,362 SHORT CONDITION : if the price breaking 57,056 by open 1D candle below this level reach a support level at 53,664 , then stabilizing below this level reach a 49,963 . TARGET LEVEL : RESISTANCE LEVEL :62,452 , 68,362 SUPPORT LEVEL : 53,664 , 49,963
BITSTAMP:BTCUSDLong
by ArinaKarayi
Bitcoin history and future1W time frame - Every vertical dotted lines stand for halving timing, we call them "a cycle" between two lines. Every cycles have similar trend, we can mark them with three colors as below. (1) White range stand for Bull high to Bear second low (2) Red range stand for Bull high to Bear low (3) Green range stand for Bear low to Next halving According to halving in 2012 and 2016, we can expect Bitcoin make a second low (below 20000) in near future, the most possible time range is from August '23 to February '24. Before the second low coming, Bitcoin will likely reach price over 33000, therefore, be careful of being fomo and get ready with patience to buy spot.
BNC:BLX
by EthanTW
Bitcoin Weekly Script: Surge, Fall, Oscillate, then Moonshot!BINANCE:BTCUSDT Bitcoin is currently priced at 30051, with four consecutive weeks of horizontal movement at a high level with insufficient volume. We still need a surge in trading volume to push the price. I am more inclined to believe that with increased volume, the price will surge to around 34322, a typical market behavior to lure bulls! Then the bears will exert their strength, gradually suppressing the price to the strong support level of 25175. During the period when people are hesitating whether to be bullish or bearish, the market will oscillate, and the chips will be fully exchanged during this period. Then, the bulls will lift the price sharply to the resistance level of 39600, completing a large cycle structure since the bottoming in November 2022!
Long
by IMBTCKING
BITCOIN what is the next target? 📖💡📖Hello 🐋 based on the chart, the price is in range zone and possibility for breakout of the parallel channel to the downside, and we can see 23k and 25k prices 📖 so range candlesticks to the upside and downside before any other sharp movement is logical too 📖💡 beside brief amount of gain and green candlestick is logical for future correction (suppose it as a stop loss hunting) 📖💡 and we need even more correction to the downside for long term view before huge gain ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
by MadWhale
9
#Bitcoin - thoughts out loud #12Good afternoon , dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. And in continuation... In this phase of the market, we have upthrust, which may indicate that we are witnessing a distribution, but there is no confirmation at this time. I expect the price to be in the range of 25300 - 25600 , after which the market will settle everything. Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn.
by WVitalievich
6
Bitcoin: Down the Rabbit HoleThe future of Bitcoin seems just as unknown as the adventure ahead of Alice in wonderland. It feels like we're currently falling down the rabbit hole and don't know for sure where it's stopping. Primarily, we expect the course to drop further below the support at $17 689. If it continues to drop into the blue target zone between $17 572 - $10 919, the yellow wave (2) should ideally be completed around $16 148 to move out of the blue zone. If Bitcoin finds its way out of the blue zone and heads above the support at $17 689, it should head towards the $22 802 resistance. Furthermore, after touching the $22 802 resistance, Bitcoin will continue to move above $25 200. In the secondary scenario with a chance of 40%, Bitcoin should continue to move upwards if it touches the $22 802 resistance and could climb its way back to the top if it reaches the $25 200 resistance. We'll specify the future of Bitcoin in our upcoming posts.
BINANCE:BTCUSDShort
by MarketIntel
3
Bitcoin at very important level#Bitcoin as anticipated hit $34k precisely which we have been calling for few days now, when everyone else online was screaming to go long and got trapped in a nasty fake out. We currently are seeing #btc at 33.5k and is at the most important level in this cycle to determine its next directional flow. A break of $29,990 will most definitely send #bitcoin to 20-16.8k zone. Which is the next Higher TF demand zone. Always remember, we are doing this completely for free , cause we have your best interest at heart for our fellow crypto investors. We are not “moon boys” or typical crypto influencers who ask you to buy every dip. Nope, We ask you to wait for precise levels and to buy as low as possible. The next buy zone is $20-16.8K, SET YOUR ORDERS AND BE READY.
by CryptoBlanco