Skyrexio | Bitcoin BTC Has Cancelled The Bear Market!Hello, Skyrexians!
Last month BINANCE:BTCUSDT has clearly broken $100k. Most of people think that it's too late now to buy Bitcoin because price is too high, but our analysis tells us that it was only one half of the potential bull run.
Let's take a look at the monthly time frame. We can see the new Elliott Wave structure. Earlier we had a chance that this bull run could be the wave 5, but recently the Awesome Oscillator broke the previous high. The potential bearish divergence has been broken as well. Moreover, Fractal Trend Detector shows that this bull run is strong and no single sign of weakness now.
This is large wave 3 which has the target at least at $125k, but most likely it will hit $190k in 2025.
Best regards,
Skyrexio Team
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Bitcoinprediction
BTC Volatility Hits 6-Month High, Options Trading ExplodesImplied and realized volatility indexes hit the highest levels since August's yen carry trade unwind.
Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, has always been synonymous with volatility. However, recent market activity indicates a significant surge in price fluctuations, with both implied and realized volatility indexes reaching levels not seen since August of the previous year. This spike in volatility coincides with a renewed frenzy in the Bitcoin options market, suggesting that traders are anticipating significant price swings in the near future.
Understanding Volatility
In financial markets, volatility refers to the degree of variation in the price of a trading asset over time. High volatility implies that the price of an asset can fluctuate dramatically over a short period, while low volatility suggests relatively stable price movements. Volatility can be measured in two primary ways:
1. Realized Volatility: This is a historical measure of how much an asset's price has fluctuated in the past. It is typically calculated by looking at the standard deviation of price changes over a specific period, such as 30 days.
2. Implied Volatility: This is a forward-looking measure of how much the market expects an asset's price to fluctuate in the future. It is derived from the pricing of options contracts, which give the holder the right, but not the obligation, to buy or sell an asset at a specific price on or before a certain date.
Current Market Trends
The increase in implied volatility suggests that options traders are pricing in a higher probability of significant price swings in Bitcoin. This could be due to a number of factors, including:
• Increased Institutional Participation: The growing involvement of institutional investors in the Bitcoin market has led to larger trading volumes and potentially greater price swings.
• Regulatory Uncertainty: The lack of clear regulatory frameworks for cryptocurrencies in many jurisdictions continues to create uncertainty and contribute to volatility.
• Market Sentiment: Overall market sentiment towards Bitcoin can also play a significant role in its volatility. Positive news and developments can lead to rapid price increases, while negative news can trigger sharp declines.
Options Market Frenzy
The surge in Bitcoin volatility is closely linked to a renewed frenzy in the Bitcoin options market. Options contracts provide traders with a way to bet on future price movements without having to directly buy or sell the underlying asset. The recent increase in options trading suggests that traders are actively seeking to capitalize on the expected price swings in Bitcoin.
One notable trend in the options market is the increasing demand for call options, which give the holder the right to buy Bitcoin at a specific price. This indicates that many traders are betting on further price increases in the cryptocurrency.
Potential Risks
While the current market conditions may present opportunities for some traders, it is important to be aware of the potential risks associated with high volatility. Rapid price swings can lead to significant losses for those who are not adequately prepared.
For latecomers to the Bitcoin market, the risk of immediate unrealized losses is particularly high. If the price of Bitcoin were to suddenly decline, those who recently bought in at higher prices could see their investments quickly lose value.
Conclusion
Bitcoin's recent surge in volatility, coupled with the frenzy in the options market, highlights the inherent risks and opportunities associated with this digital asset. While the potential for significant gains exists, traders must also be prepared for the possibility of substantial losses. As the Bitcoin market continues to evolve, it is crucial to stay informed and exercise caution when making investment decisions.
Public trade #11 - #BTC price analysis ( Bitcoin )At the moment, the CRYPTOCAP:BTC price is making an A-B-C correction within the channel quite harmoniously.
The idea is as follows:
🔽now the market is correcting for a few days and the lower the better.
🔼And then on January 20, Trump will be inaugurated and, as the “messiah,” he will “make life easier” for crypto investors by some decree and the market will break out in growth.
1️⃣ So the first stop of the OKX:BTCUSDT correction should be around $93-94k, and from there, growth can break up to $110k.
2️⃣ The second option is a correction of the #Bitcoin price around $86-87k.
❗️ It's also worth remembering that 29.01.25 is the announcement of the “fresh” Fed Funds rate. And given the fact that inflation has increased this month, the Fed's rate cut is in jeopardy, at best it will be left unchanged.
P.S:
Please excuse the fact that there are so many levels on the chart, but they work well and can be used in trading!)
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BITCOINUSD TECHANICALL ANALYSIS FOR H1 (READ CAOTION)hello trader's. what do you think about bitcoinusd
current price: 105000
Today BitcoinUSD Just Touch The Last High Area 105700 We See Some Retestmint in BitcoinUSD it can be good Retest in BitcoinUSD Now we Have H1 Channel Pattern So bitcoinusd going to toching Resistance zone 106500 then bitcoinusd Fall Down side to Support 101500 then expected 97500
support 95500.94500
resistance zone. 10580o . 107000
please like comment and follow
Bull Flag on BTC Daily!!!The cryptocurrency market is once again at the edge of a seismic shift. Following the recent uptrend, Bitcoin (BTC) has established a formidable Bull Flag on the daily chart. By utilizing a trend-based Fibonacci extension on top of the current Bull Flag, we can identify the coveted 'golden pocket' positioned at $126,000, with the subsequent target level at an impressive $185,000.
If historical patterns hold true, this year is set to be another record-breaking period for Bitcoin and the broader crypto market. Investors and enthusiasts alike should prepare for a potentially parabolic movement. Fasten your seat belts, an exciting journey awaits.
BTC Targeting 125-130K : Elliott Wave AnalysisIn the coming months, Bitcoin is likely to reach its next targets—or at least form one more higher peak. Here’s how it might play out:
Orange Count (Wave 4 Correction):
According to the orange wave count, Bitcoin is in a larger Wave 4 correction of the impulse that began at 49K. This suggests another high is on the way for Wave 5.
Recent Price Action (Higher High Above 102.8K):
After closing daily above 102.8K, the wick at 89K should be seriously considered a potential Wave 4 bottom. This implies we could now be in the fifth and final impulse wave heading up to a new high. Two main scenarios could unfold:
Scenario A (Regular Impulse):
If this is a standard impulse, we’ll see a Wave 2 retracement next—typically between the 0.5 and 0.786 Fibonacci levels of the initial move. That puts a possible Wave 2 target between 97K and 92.5K. From there, Wave 3 would likely accelerate toward 125K. This is shown by the red wave in the chart.
Scenario B (Ending Diagonal):
Wave 5 often appears as an ending diagonal, which can look like a rising wedge or an expanding broadening wedge. If this pattern takes hold, the next high may not exceed 120K by much.
Bearish Alternative:
There is still a bearish possibility as long as we remain below the previous high. In this case, the recent upward move could be part of a larger flat correction, which would push Bitcoin lower again before eventually reaching a new high. This more negative outcome would be confirmed if prices fall below 92K (the 0.786 retracement of the move up from 89K).
Bitcoin Testing ATH Resistance
Bitcoin is currently probing its All-Time High (ATH) resistance zone, and given the uncertainty, the outcome is unpredictable. However, the price target of 77K, suggested by the break from the rising wedge pattern, remains a possibility. Meanwhile, the expected Head and Shoulders (H&S) pattern has not materialized.
My take is this: if Bitcoin manages to close a daily candle above the previous ATH, the bullish momentum could take off!
Here's my theory on what might be happening behind the scenes: The bulls might intentionally push the Relative Strength Index (RSI) above its recent lower high to set up a new baseline for a high. This could reset the RSI peak, avoiding bearish divergence signals at the ATH. After this reset, they might then pull back to test the local low before making another attempt to break through the ATH. That's just my speculation, though.
BTCUSDW pattern forming at resistance with a 15 point range (from 107 down to 92)
- Breakout of pattern takes BTC right to 122 which is the old weekly cup and handle pattern price target
- Trump inauguration and "crypto ball" coming with a possible announcement of bitcoin strategic reserve
- Also possible sovereign wealth fund
Breaking: Bitcoin Crosses $104,000 , Defying Market ExpectationsBitcoin ( CRYPTOCAP:BTC ) has achieved a significant milestone, breaking through the psychological resistance level of $100,000 and trading as high as $104,000. This 4.27% surge has positioned BTC as the focal point of global financial discussions. However, with the Relative Strength Index (RSI) indicating overbought conditions, traders are left questioning whether the rally can sustain its momentum or if a correction is imminent.
Technical Analysis:
BTC’s move above the $100,000 resistance level highlights its bullish momentum. However, traders should remain cautious, as overbought signals from the RSI suggest the possibility of a near-term correction. Immediate support lies at the 38.2% Fibonacci retracement level, a critical technical zone that could act as a buffer against potential selling pressure.
Should CRYPTOCAP:BTC break below this support, the price may dip toward the one-month low of $90,000. Such a move could trigger a massive sell-off, further intensifying bearish sentiment. Conversely, maintaining the current momentum above $100,000 could pave the way for BTC to explore new all-time highs, fueled by increased institutional and retail interest.
Miners Bolster BTC Reserves
Recent data underscores the pivotal role of U.S.-based cryptocurrency miners in Bitcoin’s growth trajectory. As of December 2024, miners have doubled their BTC reserves to nearly 100,000 coins, raising over $3.7 billion since November to bolster their holdings.
Top players such as Marathon Digital Holdings (40,435 BTC), Riot Platforms (16,728 BTC), and CleanSpark (10,097 BTC) lead the charge. Their "HODL" strategy—holding rather than selling mined Bitcoin—has not only strengthened their balance sheets but also amplified investor confidence. This is reflected in rising stock valuations for these firms, showcasing the synergy between strategic asset accumulation and market sentiment.
Key Drivers Behind Miner Resilience
1. Market Conditions: Lower Bitcoin prices in early 2024 allowed miners to acquire BTC at discounted rates.
2. Technological Advancements: The adoption of efficient mining equipment and energy optimization strategies enabled miners to enhance profitability.
3. Price Recovery: The late 2024 Bitcoin rally increased the value of miners’ reserves, positioning them advantageously in the current market landscape.
Challenges on the Horizon
Despite their impressive growth, U.S.-based miners face mounting challenges. Rising global hash rates, driven by increased competition from international miners, are squeezing profit margins. Furthermore, the upcoming Bitcoin halving in April 2024—which will reduce mining rewards by 50%—poses an additional hurdle. Miners will need to innovate, optimize operations, and explore diversified revenue streams to remain competitive.
Market Sentiment and Macroeconomic Factors
Bitcoin’s latest surge also aligns with macroeconomic developments. The cryptocurrency has gained 7.85% in the past week, fueled by speculation around the upcoming inauguration of Donald Trump on January 20. Market participants anticipate favorable regulatory policies under the new administration, further boosting confidence in digital assets.
Outlook
At a market cap exceeding $2 trillion, Bitcoin’s ascent to $104,000 signifies both the resilience of the crypto market and the strategic maneuvers of key industry players. However, the overbought RSI, coupled with potential resistance at higher levels, necessitates vigilance among traders and investors.
While the long-term outlook for Bitcoin remains bullish, near-term corrections could provide strategic entry points for those seeking to capitalize on its upward trajectory. As miners continue to accumulate reserves and innovate, their role in shaping Bitcoin’s future will be pivotal in navigating the challenges of an evolving crypto ecosystem.
GOLD is ready to fly againXAUUSD Gold is showing strong signs of preparing to take off again! After consolidating and building momentum, the precious metal is positioning itself for another powerful move upward. As the market aligns, this could be the perfect time to watch for golden opportunities. Are you ready to ride the wave of gold's next flight?"
BITCOIN UPDATES FOR ENTRIESWere still on a Bullrun, but we might see an clear of LONGS here!. if the premiums clear. wait for pullback.
This idea would manipulates the LONGS. or the price could go back to 78k? before we go higher.
This is only my view for now. I'm still bullish on MARKETSCOM:BITCOIN , this is not a financial advice, do your own research base on the sentiments right now.
The long-term still on 128k? probably yes, but at what timeframe.
follow for more. I will be posting daily updates on other pairs.
Come and check this out.
Daily reminder you need to rest on weekends. the market is just making liquidity.
Lock in boys.
keep stackingsss satttssss.. I believe on this coin. As we can see the US markets especially the ETFS, could drive the price high before our eyes.
Bitcoin/USDT - next levels of resistance----------------------------------------------
Prediction Summary:
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I think the chart mainly explains itself
Buying @ 94.3K. I consider anything below 100K a good profit, just as before in my last idea. But Bitcoin is eyeing 120K. Selling is a no go for me.
Bitcoin news is mostly good. If Microstrategy buys another gargantuan amount of Bitcoin, I will gladly FOMO in/above the Ichimoku cloud. The volume seems to be picking up again too. I would stay away from Tron backed assets, even for DEX trading.
The part about acorns is a WO insider joke. Maybe.
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Technical Analysis:
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> Inside/above Ichi. cloud - Bullish
> Fib. resistance tested 3x since Jan. 1st - Bullish
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Fundamental Analysis:
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> Coinbase Launches Bitcoin-Backed Loans - bullish development for the Bitcoin economy
> Latest US inflation data shows decrease in the core CPI for the first time since July - Bullish
> Hong Kong courts use blockchain to serve legal notices - Tron proves itself less decentralized than Bitcoin. I would not recommend trading Tron-pegged Bitcoin assets
Tools used:
Fibonacci Retracement
Open PnL
Ichimoku Cloud
Volume
This is not investment advice or financial advice. These are my own subjective thoughts on Bitcoin/altcoin price actions.
sources:
coinmarketcap.com
coinmarketcap.com
cryptonewsland.com
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Thanks for reading!
Context for yellow lines: www.tradingview.com
From Bear Trap to Breakout: Bitcoin RoadmapBitcoin ( BINANCE:BTCUSDT ) started to rise again( with a high momentum )
yesterday after failing to break the Heavy Support zone($93,400-$90,000) ( Bear Trap formation).
Educational Tip: Its quick return after exiting the Heavy Support zone($93,400-$90,000) with high volume was one of the signs of a bear trap.
Regarding Elliott wave theory , it seems Bitcoin successfully completed a Zigzag Correction(ABC/5-3-5) yesterday and is currently completing the next five impulsive waves . Likely, Bitcoin is still in correction waves .
I expect Bitcoin to start correcting from the Resistance zone($100,000-$98,080) , 50_SMA(Daily) , and Monthly Pivot Point and start to rise again from the Potential Reversal Zone(PRZ) and attack the Resistance zone($100,000-$98,080) .
⚠️Note: If Bitcoin breaks the Heavy Support zone($93,400-$90,000), we should expect a fall with high momentum (it is unlikely that another Bear Trap will be created).
⚠️Note: If Bitcoin goes below the Potential Reversal Zone(PRZ) , there is a high possibility that Bitcoin will break the Heavy Support zone($93,400-$90,000).
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour 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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
8 Tips to Optimize Your Tradingview for Clarity & PerformanceIn this video I share 8 ways to optimize your Tradingview for improve your performance.
Most people focus on strategy, but that is only a piece of successful trading. What I would argue is even more important....is your ability to execute.
Better execution is a result of - repetition, clarity, understanding
The things in this video will help you with clarity.
People make the comparison to trading and gambling all the time, for good reason.
But let me ask you this...
Have you ever taken a moment to look at your tradingview workspace and see how it's like walking through a virtual casino?
Think about it...
You have thousands of assets to choose from (machines & tables)
You have people with their ideas and chatter (forums, ideas, chats)
You also have sounds and stimulation everywhere (notifications, alarms)
This is not bad! But it's something to be mindful of as you design your work environment for execution.
We want to improve clarity, and simplicity. We want to eliminate as much noise as possible to improve your ability to focus on the task at hand, which is to execute your strategy.
Here are 8 tips to improve your performance:
(yes some of these are generic but they make a huge difference)
Turn off the Gain%, Change, Vol, and Last on your asset sidebar
On the same side bar, drag the news section down to the bottom so it's not visible anymore
Change the color of your candles to soft more soothing colors ( google search calming colors )
Turn off notifications so you don't get hit with other trader's ideas while you're trading
Use anchor text notes to put your plan for each asset right on the chart so you don't deviate
Remove news event from the bottom of your charts, reduces clutter (personal preference)
Create templates for each step in your analysis process
I realize now that there were only 7 not 8, but I recorded the video so it's too late to go back now lol.
I hope this helps you on your journey!
I'd love to know what helps you with clarity, and getting in flow state while you trade.
👇 Share in the comments below
-Gio
BTC Bulls Charge Toward $102K: Breakout with Momentum!
Breakout confirmed: The price has broken out of the equilibrium zone with strong bullish momentum.
Current price: $99,655.
Key levels:
Support: $94K (POL - Point of Liquidity).
Resistance: $102K (premium zone).
Recent reclaim: GETTEX:97K FGH (Fair Value Gap High).
Institutional activity: The bounce from the $91K discount zone indicates strong buying pressure, likely from institutional players.
Trade setup:
Entry: Current level ($99,655) or on a slight pullback.
Target: $102K (premium zone).
Stop loss: Below $96K to protect against downside risks.
Risk-to-reward: This setup offers a favorable reward ratio if the target is achieved.
Confidence level: 8/10, suggesting a strong likelihood of bullish continuation.
Bitcoin Dominance Is About Give a New Life To Altcoins!Hello, Skyrexians!
We have already mentioned the importance of different crypto assets dominance analysis. Today we are goin to update the main one CRYPTOCAP:BTC.D . Last month it makes us nervous with the potential intention to set the new high. Current formation looks like a triangle - trend continuation pattern and it scares many traders. Is this nightmare is going to be true, or altseason is coming?
Let's take a look at weekly time frame. Now we use the combination of our hand made indicators: Bullish/Bearish Reversal Bar Indicator and Fractal Trend Detector . Trend detector started printing the red candles, the bearish trend late in 2023, but those time this tendency shift failed. This time we have seen two red dot on other indicator and after that trend change. In our opinion this is much stronger confirmation that altseason is really coming.
You probably already know that predicted earlier the dominance drop to 27%, but today we are talking about short term forecast, 0.61 Fibonacci level below 50% is the target for February.
Best regards,
Skyrexio Team
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BTC UPDATE 1HR CHARTBitcoin finds itself at a critical juncture where a breakout from the current levels could ignite a significant rally, fueling optimism among investors and paving the way for substantial upward momentum. On the other hand, if the cryptocurrency fails to maintain its support at this key threshold, it could face increased selling pressure, potentially leading to a steep and extended downward correction in the market.