Get started

Bitcoinmoon

Potential Path To $150k+ Bitcoin in 2024Here's my revised "Potential Path To $100k+" chart, adding in new factors that further point to the higher Fibonacci targets. Similarly, the 3.618 accurately predicted the exact market cycle top in 2021 (drawn from the 2018 Hi / Low cycle)... Worth noting - see chart. The following factors show 3 levels for Bitcoin upside in 2024, which I've labeled as 3 scenarios described in more detail below (Likely, Probably and Possible). 1. BlackRock & Fidelity ETF's Approval - (We know this is happening, just not sure when). 2. QE Money Printing To Pay Down US Debt - (The US won't have a choice. Other countries are). 3. Bank Failures, Bank Runs & Transfer Into BTC - (More regional bank failures are happening). 4. Hyperinflation & De-Dollarization (BRICS) - (We haven't seen effects yet, but likely coming). 5. Corporate Accumulation - MSTR / Apple /Tesla - (MSTR raising 750M Common Stock for BTC). 6. Country Accumulation (New Reserve Currency) - (More will follow El Salvador this cycle). 7. Post-Halving Less Bitcoin Miner Selling ($12B) - (Miners will have less to sell > 2024 halving). I've broken these down into 3 scenarios... Likely Target ($100k) - Bitcoin was widely 'expected' to hit $100k in the last cycle, and the math supports the reasons why. With $20T in investable assets in Gold + Silver + US Real Estate in 2023, just 10% of this moved over to Bitcoin gives BTC a $2T market cap alone. It's also the 1.618 Fib target for the next cycle as shown. Probable Target ($155k) - Looking at the bars pattern from the Oct 19th 2020 breakout, we can see a rapid rise in Bitcoin followed, driving price up to the April 2021 initial high for BTC. This also coincides with the 2.618 Fibonacci target on the charts. Possible Target ($210k) - Again looking at the last cycle drop starting in Dec 2017, to the low in Dec 2018, the 3.618 Fib target was exactly where the peak around FWB:64K in April 2021. Many believe this to be true 'high' although later we had a Wyckoff 'Thrust' higher to $69k. In the near term, the bars patterns also shows confluence for a pause right at the Fib Golden Pocket between FWB:48K and $50k. Since round numbers act as market magnets, I feel $50k is the next push higher before a meaningful profit taking pullback. Also notable is the 21 week MA which has been an excellent support / resistance barometer over the years, and price has just firmly broken above that in recent weeks. So this is looking very bullish to me here, and I'm expecting we go higher... Time will tell if one or more of these scenarios come to pass! What do you think??
COINBASE:BTCUSD
by BrettFogle
BTC Bitcoin and the Altcoin Season ThesisThe recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin. The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market. The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins. The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities. Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list. This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various cryptos, including BTC Bitcoin, for which my price target is $37360. Looking forward to read your opinion about it!
Long
by TopgOptions
BTCUSD 1D IdeaCowabunga, my fellow wave warriors! 🤙 Time to shred the financial waters and catch some tasty barrels of opportunity! Next week's plan looks like we might be in for an exciting ride! There's a possibility of a bullish rally pushing the prices higher, possibly soaring towards the daily Order Block (OB). But, you know, we gotta stay realistic too, and not get too carried away with our hopes and dreams. 😎 Even though it might be a stretch, imagine catching a big wave from the weekly discount prices all the way to the moon! 🌙✨ That's what every surfer curu dreams of - scoring some sweet long positions and seeing those profits skyrocket! But remember, fellow surfers, it's all about keeping that cool head and mastering those precise entries. Analyze the charts, study the market, and make your moves with precision like a surfer carving through a gnarly wave. Of course, there are no guarantees in the world of waves and finance, but that's what makes it an adventure! Let's dream big and aim for those epic gains! 🤙 Just like catching a perfect wave, it's all about timing and skill.
COINBASE:BTCUSDLong
by themarketknight
1
Bitcoin Will Rise Bullish SidewaysDaily TF and Bigger Picture Bullish 30 Min. is currently bearish,Bitcoin needs to fill the previouse Gaps southern area.I have marked them for you. The gaps have to be filled first, because BTC rose too fast and it needs to pick up the buy orders that areas.. Otherwise, the Bull trend will be slowed down. I am long, and stay long. The VP is trending Bullish, The POC lies above 26980.This is a strong sigal and Indicatr that the market should and will retur back to those areas. In northern areas we have very high volumes. Above 26000 we will experience higher buy pressures. I have market key level prices for you. Geerally this correction is necessary and healthy for BTC as it offers many buying oppurtunieties at support areas and turning key levels. Below 19000 The bearish trend will be started.
CAPITALCOM:BTCUSDLong
by DaveBrascoFX
BTC Bitcoin long but Bear Trap Below 25117 I divide this analysis in 2 parts: I.Technical Bullish scenario Bearish scenario Please read it carefully. II. Fundamentals I. Technicals Scenrio 1 Bullish : SO HOPELESS THE MARKET LOOKS; btc HAS ENOUGH ROOM UPSIDE AND IMPORTANT SUPPORTS TO DEFEND: dISCRIPTION OF THE SYMBOLS: fOR BETTER VISUALISATION i HAVE MARKED THE ARROWS AND USED SOME MOJIS. GREEN IS bULLISH RED IS BEARISH In Scenario 1 currently the market is bullish. 12 and 10 weekly trend is bullish, Daily TF is bullish 4 H is bullish 2H is bearish The current price is at Low volume area of the monthly profile which means that soon more buyers try to push the price. BTC is not finding much sellers at this area. The importance of FED meetings and the news of the last days have led some to take profit takings, and also some sellers took loses, that increased the volume of Selling orders. BTC must break the trendline successfully and with big volume.At 26613 I am expecting a bounce,that shall lead the BTC back to 25924.( 51% Fib). A pullback at this price must lead the price up, and from 26408 I will Buy BTC again.Target will be 28732 and above. So that way I make sure that I have 3 confirmations: First BTC braks trendline 2nd BTC bounces of the resistance 3 rd the pull bakc ha low bearish volume and the bullish bars have increased bullish volumes. All conditions have to met. Otherwise waiting for an new oppurtunity. Vice versa if short trend begins. Scenario 2 Bear Trap Bullish If Bitcoin breaking 25117 The Sellers are still short and have been in losing positions will try to accumulate. At 23733 POC 3Months The Bulls will instead distribute .This Zone will be very agrresive and volatile, coppy on the same time. As the Weekly and 10W trend is still bullish I will try to find the optimal buy oppurtunities, meaning I will go long only. Key levels will be 24285 and 23733. This is definitely a bear trap zone, as we have low volume and very unusual technical correction of the market, which is significant that Big speculators take profits or try to scalp down /See the Troyan Horse Shill)! TH Sellers will increase their power if the bulls lose this zone. From there the price will drop to 22825 22075 20754. At 20007(The lat bullish defended zone the Buyers wil try to agressively Push up the market.(Green Buyers Green Arrows) Any drop in 19000 area, and specially below 19333 will maintain the bearish trend, and from there the bears will agressively sell and short the market. Sell the Key levels. II.Fundamentlas 1. Bitcoin price has been a topic of great interest and speculation in the financial world, with investors eagerly watching its price movements for potential opportunities. Recently, an interesting development has caught the attention of both seasoned traders and crypto enthusiasts alike. According to Mikybull Crypto, there is a long-term chart feature that, if it continues to hold, could potentially lead to a significant upside for Bitcoin (BTC). In his latest analysis, the popular trader highlighted encouraging signs on the BTC/USD weekly chart, suggesting the possibility of a remarkable 60% surge in value. This potential surge would catapult bitcoin price to an impressive point of approximately $40,000. 2-Long-Term Chart Signals Potential Upside For Bitcoin Price With Bitcoin still confined within a narrow trading range it entered nearly three months ago, traders and investors find themselves in a quandary when it comes to predicting short-term price targets. The day-to-day performance of the cryptocurrency has failed to establish a clear trend, leaving $30,000 as a formidable resistance level hanging overhead. 3.n contrast to the standard head-and-shoulders pattern, which typically indicates a solidified resistance followed by a downward trend, the inverse head-and-shoulders pattern is a bullish counterpart. This suggests that Bitcoin may be on the verge of a positive breakout. Bitcoin (BTC) investors witnessed a lucrative month in May, as the world’s most renowned cryptocurrency showcased its resilience and delivered robust returns. However, in the face of the changing market sentiment, a looming legal battle threatens to cast a shadow over these gains. The ongoing Binance lawsuit has sparked concerns among crypto enthusiasts, raising questions about the potential impact it may have on their investments and the overall crypto market. As investors weigh the significance of this legal battle, the fate of their hard-earned gains hangs in the balance, making it crucial to understand the potential ramifications and devise a strategic approach to navigate the evolving landscape of Bitcoin investment. Impact Of Binance Lawsuit This recovery comes at a critical time for Bitcoin holders, who may anticipate a decrease in the profits they would have otherwise accumulated throughout this month. The impact of the lawsuit and subsequent market turbulence is likely to influence the profitability of Bitcoin investments in the short term. As the month of June unfolds, Bitcoin’s performance will carry heightened significance, particularly as it marks the end of the second quarter of 2023. The SEC Has Started an All-In Political Battle Over Crypto The Securities and Exchange Commission’s lawsuits against Binance and Coinbase this week have set up a high-stakes battle that will engage all three branches of the U.S. government in a competition for power, determine whether the crypto industry will decamp the U.S. for good, and define the future of digital money. The SEC’s aggressive actions against Binance, the world’s biggest crypto exchange, and Coinbase, the biggest in the U.S., are a big flex, one that reveals the agency’s extraordinary discretionary power. In saying “we don’t need more digital currency” in interviews following the announcements, SEC Chairman Gary Gensler suggested he truly does want to destroy the crypto industry.
CAPITALCOM:BTCUSDLong
by DaveBrascoFX
Btc Update in My Opinion Btc going fall down in coming days. But Even if there is a bitcoin pump, it will go to a maximum of 35k to 42k. After that he has to fall down very badly 18k. If Bitcoin seems to be pumping, you guys don't think the bullrun has started. Because if we analyze the chart from the previous halving, Bitcoin looks like a dump. This is a swing trade, it may take time to hit the targets, so it is recommended only for those members who have patience according to their financial condition. Only those who can wait should take this trade according to their financial condition.
INDEX:BTCUSDShort
by Houseofcryptokings
Bitcoin Boom-Bust Cycle PatternsFrom a technical point of view, it is seen that Bitcoin making its 4th boom-bust cycle move. The black line I drew on the logarithmic chart has been acting as support and resistance regularly since 2012. The past 3 boom-bust cycle patterns have been applied to the cycle that we’re in right now. The Yellow line is between 2012-2014; The blue line is between 2018-2021; The green line represents the boom-bust cycle from 2014-2021. In my personal opinion and when I look at the support that Bitcoin found at the $16500 level, I think the scenario will be like the Blue line.
INDEX:BTCUSDLong
by YavuzAkbay