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ETH Targeting the HighsEthereum (ETHUSD) Trading Setup Direction: CALL 🟢 Entry Price: $2,484.60 (most recent price from chart as of June 27, 2025) Profit Target: $3,445.32 💰 (targeting previous highs as shown in the chart) Stop Loss: $2,004.24 (below recent consolidation low for a 2:1 risk-reward ratio) Risk-Reward Ratio: 2:1 Position Size: Risk 1-2% of your portfolio Entry Timing: Enter immediately at market price Confidence Level: 75% 🚀 Why This Signal? Price Action: ETHUSD broke out of consolidation ($2,484.15-$2,679.34) with strong momentum, targeting previous highs at $3,445.32. Technical Indicators: Bullish breakout above 50-day and 200-day moving averages. RSI at 78.32 (slightly overbought but supports momentum). MACD showing bullish crossover (Bull signals on chart). VIX/Bond Yields: VIX at 21.90 (low volatility, good for risk assets); 10-year Treasury yield at 4.375% (moderate, not a headwind). News Sentiment: Mixed economic news with US-China trade tensions, but crypto markets remain resilient (per Forex Factory news). Follow for the best AI generated Signals
COINBASE:ETHUSDLong
by AlphaSignals_ai
BTCUSD Technical Analysis – V-Shaped Recovery Points to BreakoutBitcoin (BTCUSD) is showing strong bullish momentum following a textbook V-shaped recovery from the recent support zone around $73,699. After consolidating and breaking the descending channel, BTC surged with conviction, reclaiming critical levels and now approaching the previous All-Time High (ATH). Key Technical Highlights Pattern: V-Shaped Recovery Support Zone: $73,699 – $75,000 Resistance/ATH: $109,255 Trendline: Long-term bullish trend remains intact Recent Breakout: Clean breakout above the falling wedge/descending channel BTC has reversed sharply from the bottom, printing higher highs and higher lows. This aggressive rebound has brought price action back toward ATH levels, with strong chances of a breakout continuation. The structure suggests bullish control, especially after retesting key areas with strength. Bitcoin Dominance at 62.2% Bitcoin's market dominance sits at 62.2%, showing clear investor confidence and capital preference for BTC over altcoins. This dominance level reinforces the bullish bias as smart money flows into Bitcoin in anticipation of a potential price discovery breakout. This trend, along with large institutional inflows, highlights a growing belief in BTC’s strength as a leading asset, especially in the current macro environment. BTCUSD Trade Setup (As Per Chart) 🎯 Entry $104,732.85 ⛔ Stop Loss $99,507.06 ✅ Take Profit $114,359.25 The trade idea is based on the continuation of the current uptrend and breakout above $109,255, which previously acted as resistance (ATH). A clean daily close above this level would likely open the path toward $114,359 and possibly $116,000+ as the next milestone. BTC is primed for a new leg higher. The market structure favors bulls with BTC dominance rising, large investments entering, and strong technical recovery in place. If Bitcoin holds above the entry zone and pushes through ATH, we may see a new high forming in the coming weeks.
BINANCE:BTCUSDLong
by SupertradeOfficial
BTC/USDT Crypto Heist - Bullish Breakout Blueprint!🔥 Thief Trading Style: BTC/USDT Bullish Heist Plan 🔥 Greetings, Money Makers & Market Robbers! 🤑 Ready to execute a daring heist in the Bitcoin vs. Tether (BTC/USDT) crypto market? 📈 Our Thief Trading Style combines technical precision and fundamental insights to target a bullish breakout. Follow this charted strategy to ride the wave and exit before the risky Red Zone. Let’s grab those profits together! 💪🎯 --- 📊 Trade Setup: The Heist Plan - Market: BTC/USDT (Crypto) 🌐 - Bias: Bullish Breakout 🌟 - Timeframe: 1D (Swing Trade) ⏰ Entry 📈: - Breakout Entry: Wait for a clean breakout above the Moving Average (MA) at 108000. Place Buy Stop orders just above 108000 to seize the momentum. 🚀 - Pullback Entry: For lower-risk entries, set Buy Limit orders at the recent 15M/30M swing low (e.g., 105000-106000) to catch pullbacks. 📍 - Trader Tip: Set a TradingView alert for the 108000 breakout to stay ahead of the move! 🔔 Stop Loss 🛑: - Breakout Traders: After the breakout confirms, place your Stop Loss below the recent 1D swing low at 96000 to guard against reversals. ⚠️ - Pullback Traders: Tailor your Stop Loss to your risk appetite (e.g., 1-2% of account). Adjust based on lot size and multiple orders. 📏 - Risk Alert: This heist is high-stakes! Stick to disciplined position sizing to protect your capital.🔥 Target 🎯: - Aim for 122000, near the risky Red Zone (an overbought area prone to consolidation or reversal). 🏴‍☠️ - Exit Strategy: Consider taking profits early if bearish signals (e.g., high volume, reversal candles) emerge near 122000. 💸 Scalpers 👀: - Stick to Long-side scalps with tight trailing stops. Join swing traders for the full heist or scalp quick moves if your capital allows. 💰 --- 📡 Why This Heist Has Potential BTC/USDT is in a neutral trend with strong bullish prospects, driven by: - Technicals: A breakout above the 108000 MA, backed by higher lows on the 1D chart, signals robust momentum. 📊 - Fundamentals: Institutional buying and positive crypto sentiment (check COT reports) fuel upside potential. 📰 - Seasonal Trends: Bitcoin often rallies in Q2, aligning with our setup. 📅 - Intermarket Factors: USD weakness and altcoin strength could lift BTC higher. 🌎 --- ⚠️ Risk Management: Secure Your Gains - News Caution: Skip new trades during major news events (e.g., CPI, FOMC) to avoid volatility spikes. 🗞️ - Trailing Stops: Use trailing Stop Loss to lock in profits as price nears 122000. 🔒 - Position Sizing: Limit risk to 1-2% of your account per trade for a safe heist. 🚨 --- 💥 Power Up the Heist! 💥 Join our Thief Trading Style crew by liking, commenting, and following for more high-energy trade plans! 🚀 Your support strengthens our market raids, helping us profit with precision. Let’s conquer BTC/USDT together! 🤝🏆🎉 Stay Sharp: Another heist plan is on the horizon. Keep your charts locked and loaded, traders! 🐱‍👤😎 #BTCUSDT #Bitcoin #Crypto #Bullish #SwingTrading #Breakout
Long
by Thief_Trader
2
BITCOIN Has Unfinished Business Below $74K! Will It Return?Key Disclaimer: Inefficiencies Don’t Need to Be Filled Let’s set the stage clearly: inefficiencies like the one at $73,624.98–$74,420.69 for BTCUSD do not HAVE to be filled. They’re a TENDENCY, not a rule, an intriguing opportunity to explore high-probability zones. If Bitcoin doesn’t return to this level, no harm is done; but this is a very good opportunity to analyze the term, as such... let’s break it down. What Is an Inefficiency? An inefficiency, or sometimes a fair value gap (FVG), is a price range with "minimal" trading activity, often caused by a rapid move—here, a rally—creating a liquidity imbalance. On the weekly BTCUSD chart, this area between wicks spans $73,624.98 to $74,420.69, likely formed during a sharp rally around April 2025. This untested range makes it a potential target for future price action, as markets often seek to resolve such imbalances. Notably, the price has already approached this zone, and there’s a chance it may never return. However, around $74,400, there are still some “unfinished things to do”, untested liquidity, or orders, which could draw the price back if conditions align. Why Do Inefficiencies Attract Price? Inefficiencies often act as magnets for price due to: Liquidity Seeking: Markets revisit areas with unfilled liquidity (stop-loss or pending orders) to balance supply and demand. Market Memory: Traders and algorithms, target these levels, reinforcing their significance. Mean Reversion: After rapid rallies, the price may retrace to test imbalances before continuing. (atm we are probably too far from it but still keep this area in your minds) Institutional Activity: Large players might re-enter at these levels, making them key zones for reversals or consolidation. Historically, assets tends to revisit such areas, as the chart notes. BTCUSD Context: $103,000 with Bullish Momentum As of May 10, 2025, BTCUSD is at ~$103,200 on the weekly chart, on the way to confirm a weekly breakout above $100,000, supported by higher highs, an ascending channel, and macro factors ( for example ETF inflows), signaling quite a strong momentum. The inefficiency at $73,624.98–$74,420.69 is 28–29% below the current price, a deep pullback that might require a catalyst like a macro correction, negative crypto news, or profit-taking. Given the price has already approached this zone, it may not return, but the “unfinished business” around $74,400 keeps it on the radar. Still, strong trends can bypass inefficiencies, and factors like time decay or adoption may drive prices higher. Trading Approach, Short-, Mid-Term Investors Take Your Profits! This formation of inefficiency is not a prediction to short, it’s an opportunity to monitor. Still, if you’re a short- to mid-term investor, it might be a smart move to take some profits here and observe what unfolds next. Right now, we’re potentially seeing a double top forming around major psychological levels. And to be honest, the inefficiency below (shown on the chart) still lingers in the back of my mind. People often ask me: “When is a good time to take profits?” My answer? Now. It is a perfect example and it fits to all assets. And here's why. There are clear scenarios that help remove the guesswork: 1. You sell now, and the price continues to rally higher. That’s not a problem. By selling, you’ve reduced your risk, and securing your profits - always a smart move. If the price breaks above $100K, you can always buy it back after a confirmed breakout and retest. That’s a strong sign that investors are willing to pay higher prices for BTC, and historically, after such breakouts (like with the $50K level in August 2024), the market tends to come back to retest that breakout zone. Of course, if you’re a long-term investor with a 3-5+ year horizon, you may choose to ride it out. In that case, trying to time this might just be over-managing your position. There’s always a chance BTC won’t retest $100K again. 2. The best-case scenario if you take profits now: You get the chance to buy back lower. If the market pulls back, keep that inefficiency level in mind—there’s also a mid-term trendline, previous yearly highs, and other technical elements that haven’t been tested yet. Traders’ psychology hasn’t really been pushed to the limits at this stage, and in my view, the crypto market loves to test limits. So if you’re a short- or mid-term investor who bought in at lower levels, this is a good time to seriously consider locking in some profits. Step back, and let the price action guide the next move. Listen—just listen. Conclusion Inefficiencies like the one between $73,624 and $74,420 don’t demand to be filled—but they’re worth understanding, tracking, and learning from. Whether price revisits that zone or not, the real value lies in recognizing where the market has moved too fast and what that might mean if momentum shifts. Right now, BTCUSD is strong. But strength can fade, sentiment can shift, and “unfinished business” below still holds weight for traders who think in probabilities, not certainties. If you’re in profit—especially from lower levels—this might be one of those moments to pause, and make sure greed isn’t driving your next decision. Whether this zone becomes just a memory or a brilliant case study, it’s already a valuable example of how understanding market structure helps you stay a step ahead—not a step behind. Stay alert. Stay humble. And as said… listen. Cheers, Vaido
COINBASE:BTCUSD
by VaidoVeek
43
Potential Breakout Opportunity for BTC/USDT Potential Breakout Opportunity for BTC/USDT Bitcoin (BTC/USDT) is showing interesting price action on the 15-minute timeframe. After a period of consolidation, the price appears to be testing a key resistance level around $103,700. We can observe a series of higher lows forming, suggesting increasing bullish pressure. A decisive break above this resistance, confirmed by strong volume, could signal the start of an upward move towards the $104,300-$104,500 area, as indicated by the blue arrow. Traders might look for entry opportunities on a confirmed breakout above the resistance, with potential stop-loss levels placed below the recent swing lows (e.g., around $103,150) to manage risk. This analysis focuses on short-term price action and potential breakout scenarios. Remember to conduct your own thorough research and consider broader market conditions before making any trading decisions. Key Observations: * Resistance Level: $103,700 area acting as a significant hurdle. * Higher Lows: Suggesting increasing buying interest. * Potential Target: $104,300 - $104,500 zone if the breakout is successful. * Risk Management: Important to define stop-loss levels. This description avoids overly aggressive or promotional language and focuses on technical analysis observations, which is generally well-received on platforms like TradingView.
Long
by UAE_USA_GOLD_TRADERS
Will Bitcoin Break This Resistance – Or Is It a Bull Trap?MARKETSCOM:BITCOIN is once again at a critical resistance level, and the crypto world is split. Some believe we’re gearing up for a new all-time high (ATH), while others argue the top is already in—and this could be a classic bull trap in disguise. The key lies in how price reacts to this zone. • A breakout above $109K would confirm a new ATH and likely spark another leg up. • But a strong rejection here might signal that the rally was a trap, echoing patterns we’ve seen in past cycles. My Take: We’re at a make-or-break moment. Confirmation from this level will decide the next big move. What’s your take—breakout or bull trap? Please support this idea with a LIKE👍 if you find it useful🥳 Happy Trading💰🥳🤗
by PetrockTheAnalyst
2
BITCOIN (BTC/USD) - Testing Key Resistance Levels - Weekly ChartBitcoin (BTC/USD) is currently testing key resistance levels and potential all-time highs in 2025. BTC price bounced up from the April 7th 2025 support ($78000) and continues to rally. Price needs to hold above $95000 and $85000 support levels to maintain an uptrend in 2025. Resistance targets to the upside are: $105000, $110000, $117000, $128000, $142000. Support targets to the downside are: $100000, $90000, $83000, $75000, $70000. Tariffs and trade deal news, stock market corporate earnings, government law changes and announcements, and consumer sentiment can all affect the price of Bitcoin.
BITSTAMP:BTCUSD
by NoFomoCharts
Bitcoin -Weekly Forecast, Technical Analysis & Trading IdeasMidterm forecast: 86499.57 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 86499.57 is broken. MARKETSCOM:BITCOIN BITSTAMP:BTCUSD Technical analysis: A trough is formed in daily chart at 74545.70 on 04/09/2025, so more gains to resistance(s) 105431.17, 109932.90, 115000.00 and more heights is expected. Take Profits: 86499.57 ✅ 91037.20 ✅ 94505.46 ✅ 98675.19 ✅ 101430.12 ✅ 105431.17 109932.90 115000.00 120000.00 125000.00 132000.00 140000.00 150000.00 160000.00 167666.00 ________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
BINANCE:BTCUSDLong
by ForecastCity
11
Bitcoin Smashes $103K: Is $150K Just Around the Corner?Bitcoin's Resurgence: Navigating the $100K Breakthrough and What Comes Next In a remarkable display of market resilience, Bitcoin has reclaimed the coveted $100,000 level, just three months after dropping below this significant psychological threshold. The flagship cryptocurrency's powerful comeback has sent shockwaves through financial markets, triggering a massive short squeeze and reigniting debates about Bitcoin's long-term potential. As the asset pushes beyond $103,000 and approaches its previous all-time high, traders and investors are scrambling to position themselves for what many believe could be the next phase of an extraordinary bull cycle. The Historic Reclamation of $100K Bitcoin's journey back to $100,000 represents more than just a numerical milestone—it's a testament to the asset's remarkable resilience in the face of significant headwinds. After briefly touching six-figure territory in early 2025, Bitcoin experienced a substantial correction that saw prices retreat below $90,000, triggering concern among market participants and no shortage of bearish predictions from skeptics. What makes this recovery particularly impressive is the speed with which it occurred. Historically, Bitcoin has often experienced extended consolidation periods after major corrections, sometimes lasting months or even years. The rapid three-month turnaround suggests underlying strength in Bitcoin's market structure that distinguishes this cycle from previous ones. On-chain data reveals fascinating dynamics behind the recovery. Throughout the correction, long-term holders continued accumulating Bitcoin, with wallet addresses holding more than 1 BTC increasing by 5.2% even as prices declined. This pattern of "smart money" accumulation during periods of retail fear often precedes significant upward price movements. The reclamation of $100,000 also coincided with several favorable macro developments, including renewed expectations for central bank easing and diminishing concerns about regulatory crackdowns. These factors, combined with Bitcoin's post-halving supply dynamics, created ideal conditions for a powerful recovery. The Massive Short Squeeze A key accelerant in Bitcoin's surge beyond $100,000 was an extraordinary short squeeze that forced bearish traders to cover their positions at increasingly higher prices. Data from cryptocurrency derivatives platforms reveals that over $850 million in short positions were liquidated during a 72-hour period as Bitcoin broke above key resistance levels. The mechanics of a short squeeze are particularly powerful in cryptocurrency markets due to the prevalence of leverage. Many platforms offer leverage ratios of 10x, 20x, or even higher, meaning relatively small price movements can trigger automatic liquidations. As these liquidations occur, trading algorithms automatically purchase Bitcoin to close the short positions, creating additional upward pressure on prices and potentially triggering more liquidations in a self-reinforcing cycle. What made this particular short squeeze especially impactful was its timing relative to market sentiment. The Crypto Fear & Greed Index had been hovering in "Neutral" to "Fear" territory for weeks, indicating widespread caution among market participants. This cautious positioning resulted in a market structure where relatively few traders were positioned for upside, creating the perfect conditions for a powerful squeeze when momentum shifted. Is $150,000 Now Conservative? In light of Bitcoin's powerful resurgence, price predictions that once seemed ambitious are being reevaluated. Earlier this year, several major financial institutions and research firms issued year-end targets of $150,000 for Bitcoin—forecasts that were met with skepticism by many market observers. Now, with Bitcoin already above $103,000 and demonstrating strong momentum, these once-ambitious targets appear increasingly conservative. Technical analysts point to several factors supporting the case for higher prices. The weekly Relative Strength Index (RSI), despite the recent surge, remains below extreme overbought levels that typically signal exhaustion. Additionally, volume profiles show relatively little resistance above the previous all-time high, suggesting potential for rapid advancement if that level is breached. The most bullish analysts have begun floating targets of $170,000 to $200,000 for this cycle, basing their projections on Fibonacci extensions, comparative analysis with previous bull markets, and on-chain metrics indicating strong holder conviction. These projections represent a dramatic shift in market sentiment compared to just a few months ago when many were questioning whether Bitcoin would reclaim $100,000 within the year. Is It Too Late to Buy Bitcoin? As Bitcoin pushes beyond $103,000, the perennial question resurfaces: is it too late to buy Bitcoin? This query, which has appeared at virtually every significant price level in Bitcoin's history, reflects the challenge of evaluating assets in price discovery mode without extensive historical reference points. Historical perspective offers valuable context for addressing this question. Investors who asked whether it was "too late" to buy Bitcoin at $10,000, $20,000, or $50,000 and chose to remain on the sidelines missed substantial returns. However, those who purchased at local tops often endured extended drawdowns before seeing their investments return to profitability. On-chain data provides additional perspective for evaluating current price levels. The MVRV (Market Value to Realized Value) ratio, which compares Bitcoin's market capitalization to its realized capitalization, currently sits around 2.8—elevated compared to bear market conditions but significantly below the extreme readings above 4.0 that characterized previous market tops. Similarly, the percentage of Bitcoin supply in profit currently stands at approximately 93%, approaching but not yet reaching the 98-99% levels typically seen at cycle peaks. These metrics suggest that while Bitcoin isn't in "bargain" territory, present valuations haven't reached the extreme overvaluation levels that preceded major corrections in previous cycles. Bull Run Warning: Navigating the Path Forward While enthusiasm surrounds Bitcoin's reclamation of $100,000, experienced market participants recognize the importance of maintaining perspective during periods of strong momentum. Several potential warning signs merit attention as traders navigate the current environment. The rapid nature of Bitcoin's ascent to $103,000 has created technically overbought conditions on shorter timeframes, suggesting the potential for near-term consolidation or pullbacks. The daily RSI has reached levels above 80, a zone that has historically preceded at least temporary pauses in uptrends, even during the strongest bull markets. Additionally, funding rates on perpetual futures contracts have reached extremely positive levels, indicating traders are paying significant premiums to maintain long positions. This condition often occurs near local tops as market participants become overly enthusiastic about near-term prospects. Risk management becomes particularly important during such periods of strong momentum. Many professional traders reduce position sizes when volatility increases, recognizing that while potential returns expand during such phases, so do potential drawdowns. Next Price Targets: From $106K to $1M As Bitcoin pushes into record territory, analysts have begun identifying potential targets for the next phase of the bull cycle. The immediate focus remains on the previous all-time high around $106,000, which represents both a psychological and technical resistance level. Beyond this point, limited historical price action creates a potential vacuum that could allow for rapid advancement if bullish momentum continues. Technical analysts have identified several key levels through Fibonacci projections and extension analysis. The 1.618 Fibonacci extension from the previous major correction projects a target around $122,000, while the 2.618 extension suggests potential toward $170,000. These levels represent natural points where the market might experience resistance or consolidation during continued uptrends. More ambitious predictions extend considerably higher. The stock-to-flow model, which relates Bitcoin's scarcity to its market value, suggests potential long-term valuations approaching $1 million per Bitcoin. While such forecasts remain highly speculative, they illustrate the wide range of potential outcomes for this emerging asset class. Support levels are equally important to monitor, particularly for traders managing risk in leveraged positions. The psychological $100,000 level now represents initial support, followed by the $94,000-$96,000 zone where significant buying emerged during the recent advance. The 50-day moving average, currently around $92,000 and rising, provides an additional technical reference point for potential support during pullbacks. Market Sentiment: Fear and Greed Dynamics Market sentiment indicators provide valuable context for understanding Bitcoin's current positioning. The Crypto Fear & Greed Index has shifted into the "Greed" zone after spending much of the previous month in "Neutral" territory, reflecting improved market sentiment following Bitcoin's reclamation of $100,000. This transition marks an important psychological shift but also signals increasing risk of overexuberance. Historically, when the index reaches extreme readings in either direction, it has often served as a contrarian indicator. Extreme greed readings have typically occurred near local tops, while extreme fear has often presented buying opportunities. Social media activity metrics reveal a significant increase in Bitcoin-related discussions, with sentiment analysis showing predominantly positive expressions. Google Trends data indicates search interest for "Bitcoin" has reached its highest level since January, suggesting renewed attention from retail participants who typically enter during periods of strong price performance. Institutional sentiment provides a contrasting perspective to retail excitement. Surveys of professional investors indicate a more measured outlook, with many maintaining Bitcoin allocations but expressing concern about near-term volatility and the potential for consolidation after the recent surge. This divergence between institutional caution and retail enthusiasm creates an interesting dynamic that may influence price action in the weeks ahead. Trading Strategies for the Current Environment For traders navigating Bitcoin's volatile price action, adapting strategies to current market conditions is essential. Different approaches suit varying risk tolerances and time horizons, particularly during periods of expanded volatility and strong directional momentum. Trend-following strategies have performed exceptionally well during Bitcoin's recent advance, with systematic approaches based on moving average crossovers or momentum indicators capturing much of the upside movement. These strategies typically involve entering positions when short-term momentum aligns with longer-term trends and using trailing stops to protect profits. Countertrend strategies face greater challenges in the current environment but can still prove effective when applied with appropriate risk parameters. These approaches involve identifying potential exhaustion points where trends might temporarily reverse, typically using oscillators like RSI or Stochastic indicators to identify overbought or oversold conditions. For longer-term investors, dollar-cost averaging continues to demonstrate effectiveness in navigating volatile markets without requiring precise timing decisions. This approach involves regularly purchasing Bitcoin in fixed dollar amounts regardless of price, mathematically ensuring better average entry prices during periods of volatility. Conclusion: Navigating Bitcoin's New Era Bitcoin's resurgence beyond $100,000 represents a significant milestone in cryptocurrency market development, potentially signaling the beginning of the next phase in this remarkable asset's evolution. The speed and magnitude of the recovery from below $90,000 to above $103,000 demonstrates both the volatility inherent in this emerging asset class and the powerful market forces that can drive prices when technical breakouts coincide with favorable fundamental catalysts. For traders and investors, the path forward requires balancing enthusiasm about Bitcoin's demonstrated resilience with pragmatic risk management appropriate for an asset capable of significant price swings in both directions. While the backdrop appears favorable for continued strength, history suggests the journey will include both exhilarating advances and challenging retracements. As market participants position themselves for what may come next, maintaining perspective on both historical precedents and the unique aspects of the current market cycle provides the most sustainable approach to navigating this dynamic landscape. Bitcoin's breakthrough beyond $100,000 creates both opportunity and risk—the traders who successfully balance these competing forces while maintaining disciplined execution will likely find the greatest success in capturing the potential of this extraordinary market. The question is no longer whether Bitcoin can reach $100,000, but rather how far beyond this once-unimaginable milestone the current cycle might extend. For an asset that began trading at fractions of a penny, the reclamation of six-figure territory serves as a powerful reminder of cryptocurrency's capacity to challenge conventional financial assumptions and create paradigm-shifting returns for those willing to embrace both its potential and its risks.
BITSTAMP:BTCUSD
by bryandowningqln
Bitcoin, MACD and what we may get over the weekend - STILL BULLS Just a quick post to explain how Ia m looking at this weekend with Bitcoin and I will use the MACD as amajor player here. The BTC chart above is Daily, we can see the "Cuo " pattern, we can see the Long term rising Libne of support, we can see the red 236 Fib circle we shot through and the up coming 618 fib circle, that may or may not be trouble. And that 2.618 Fib extension I can easily see us returning to to test as support. WHY ? The MACD on numerous timeframes... What is MACD ? MACD, short for Moving Average Convergence Divergence, is a technical indicator used in the analysis of securities prices. It was developed by Gerald Appel in the late 1970s and is widely used to identify changes in the strength, direction, momentum, and duration of a trend in a stock's price OK, So, Lets start witht he 4 hour MACD - I zoomed out on this a little so we can get a long term look at this and you can clearly see, we are already gettign near the High side, overbought levels where, historically, MACD turns Bearish, crosses over the Signal line ( red) and heads back down to cool off befoe heading higher again. We are not yet as high as we were in Late April but it is not far off. Safe to assume this will turn down. So now, lets see the Daily MACD This is the daily MACD from around Nov last year and, again, we are heading into an area where it is prudent to be Bullish and Cautious. Remember, the moves in the 4 hour are a lot quicker than the daily. Go back and Look at the 4 hour, see where MAY began and what the MACD did in that time See what that was on the Daily ? It was that little Blip on the rise up , that we are now continuing. So, we have more room to go on the Daily. and now the Master MACD, The WEEKLY ,the one that told us we were going to range in 2024, 2025 and will once again tell us when PA has reached Exhaustion later in this run In this chart, you can see the 2 ATH's in 2021, you can see the Bear market and the recovery and everything ever since. And you can also see that we have Still to cross the Signal line here to really enter a bullish state. We have SO FAR to go here.....BUT with the high price now now have with BTC, it take more to push it higher. See how high MACD had to go to push PA up this last time ? The same height as it had to go in the 2024 push and yet we went twice as high on PA. So, th be realistic here.....We are entering a bullish push but a $1 million BTC is NOT going to happen just yet. SO, back to this weekend, the shorter term. the 4 hour is high, already starting to turn as I write. I can see BTC PA ranging or, maybe, as I said, testing the 2.518 as support at around 98K. What people also need to watch os that BTC.D I talled about yesterday to guage if ALTS will Dip back lower or not. Some alerady seem to be Dipping SO, Bullish Caution for the weekend....Hang in there.....We only just begun
INDEX:BTCUSD
by Orriginal
#BTCUSDT:Price Moving Well From $88,000 to $96,000,Next $128,000Bitcoin has moved well from our last idea of $88,000 to $96,000. However, a small correction is expected, which could be a good point to enter a swing trade. This could take the price to a new record high of around $128,000. We have three targets, but each can be set based on your overview. The last three candles are not clear, so it’s best to wait for price to have a clearer indication of its next move. We wish you the best and good luck in your trading journey. Thank you for your unwavering support! 😊 If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
24
#BTCUSDT: Will Bitcoin Make Any Correction To $90,000?Hey Everyone, Happy Sunday Currently, Bitcoin’s price is consolidating within a shorter timeframe, which has heightened the likelihood of it reaching the $90,000 ‘FVG’ region. However, this could be attributed to the hectic week we experienced, with numerous significant market announcements that have heightened uncertainty in the cryptocurrency market. At present, there are two opportunities for Bitcoin: one is riskier, while the other is considerably safer. You can utilise this analysis as a secondary bias. We extend our best wishes and good luck in your trading endeavours. Your unwavering support is greatly appreciated. If you wish to contribute, here are several ways you can assist us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_🚀❤️
Long
by Setupsfx_
2
BTC Overextended: Awaiting the Perfect Pullback for a BuYBTC/USDT Analysis – 1D Timeframe Bitcoin is currently looking overextended on the daily chart 📈, with price action pushing directly into a well-defined key resistance level 🚧. This area has historically acted as a strong supply zone, and with momentum appearing stretched, I’m anticipating a potential retracement in the near term. My plan is to wait for BTC to pull back towards previous support zones Around the 61.8 Fibo level🛡️. I have a clear Point of Interest (POI) marked out, where I’ll be watching for price to react. If we see a bullish Break of Structure (BOS) on the pullback—I’ll be looking for a long entry from this area 🎯. Key Levels to Watch: Resistance: Current daily highs (where price is overextended) 🚩 Support/POI: Previous consolidation and demand zones below, which have shown strong buying interest in the past 🏦 Trade Plan: - No FOMO entries at resistance! ❌ - Wait for a clean retrace into my POI - Look for bullish confirmation (BOS) on lower timeframes before entering long ✅ - Manage risk accordingly and trail stops if the move plays out Summary: Patience is key here. I’m not interested in chasing price into resistance. Instead, I’ll let the market come to me and only act if my criteria are met. If BTC gives us the pullback and a bullish BoS, I’ll be ready to take the trade. Until then, I’m on the sidelines and monitoring price action closely 👀. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk appropriately. Trading cryptocurrencies involves significant risk and may not be suitable for all investors. 🚨
by fxtraderanthony
Ether-Bitcoin Ratio Signals ETH Is 'Extremely Undervalued,' The cryptocurrency market is a realm of intricate signals, complex metrics, and often-conflicting narratives. Among the myriad indicators traders and investors scrutinize, the Ether-Bitcoin (ETH/BTC) ratio holds a prominent place. This metric, a simple division of Ethereum’s price by Bitcoin’s price, serves as a barometer for the relative strength and market sentiment between the two leading crypto assets. Recently, this ratio has dipped to levels that historically signaled significant undervaluation for Ether, sparking debate about a potential upcoming rally. However, a confluence of factors – notably surging ETH supply, stagnant network demand, and a weakened token burn mechanism – casts a considerable shadow over this optimistic outlook, suggesting that past performance may not be a reliable guide in the current, uniquely challenging environment. Understanding the ETH/BTC Ratio: A Barometer of Relative Strength At its core, the ETH/BTC ratio reflects the market's perception of Ethereum's value proposition relative to Bitcoin. When the ratio trends upwards, it indicates that ETH is outperforming BTC, suggesting growing investor confidence in Ethereum's ecosystem, technological advancements, or utility. Conversely, a declining ratio signifies BTC's relative strength, potentially due to factors like "digital gold" narratives, safe-haven appeal, or specific Bitcoin-centric catalysts. A low ETH/BTC ratio, such as those observed in recent times, is often interpreted by analysts as a sign that ETH is "cheap" or "undervalued" compared to Bitcoin. The logic is that, over time, capital flows within the crypto market tend to seek out assets with stronger growth potential or those perceived as lagging behind their fundamental value. If ETH is indeed undervalued, the expectation is that it will eventually catch up, leading to a rally in both its USD price and its value relative to BTC. This potential for "mean reversion" or a "catch-up trade" is what excites many market participants when the ratio hits historical lows. Historical Precedents: When Undervaluation Sparked Rallies The argument for an impending ETH rally based on the current low ETH/BTC ratio is not without historical merit. There have been several instances where a depressed ratio preceded substantial upward movements for Ether. 1. Post-2018 Crypto Winter: After the ICO boom and subsequent crash, the ETH/BTC ratio languished for an extended period. However, as the DeFi (Decentralized Finance) ecosystem began to gain traction in 2020 ("DeFi Summer"), ETH, as the foundational layer for most DeFi protocols, experienced a resurgence. The ratio climbed significantly as capital flowed into Ethereum to participate in yield farming, lending, and decentralized exchange activities. 2. The NFT Boom (2021): The explosion of Non-Fungible Tokens (NFTs) in early 2021, predominantly on the Ethereum blockchain, provided another major catalyst. The increased demand for ETH to mint, buy, and sell NFTs pushed its price and the ETH/BTC ratio upwards, as Ethereum's utility as a platform for digital collectibles and art became undeniable. 3. Anticipation of The Merge (2021-2022): As Ethereum moved closer to its pivotal transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) – "The Merge" – market sentiment turned increasingly bullish. The promise of significantly reduced energy consumption, coupled with the "ultrasound money" narrative (where ETH issuance would drastically decrease and potentially become deflationary due to EIP-1559's burn mechanism), fueled strong buying pressure. The ETH/BTC ratio saw notable gains during periods of heightened Merge anticipation. In these instances, the low ETH/BTC ratio acted as a tinderbox, and specific fundamental catalysts served as the spark that ignited significant rallies. Investors who recognized the undervaluation signal and anticipated these catalysts were handsomely rewarded. This historical pattern underpins the current optimism among some analysts who see the present low ratio as a similar buying opportunity. The Complicating Factors: Why This Time Might Be Different Despite the compelling historical precedents, the current market environment for Ethereum presents a unique set of challenges that complicate the simple "undervalued, therefore rally" thesis. These headwinds stem from fundamental shifts in Ethereum's tokenomics and network dynamics. 1. Surging Supply: The Post-Merge Issuance Reality While The Merge successfully transitioned Ethereum to a more environmentally friendly PoS consensus mechanism, its impact on ETH supply has been more nuanced than initially portrayed by some bullish narratives. • Staking Rewards: Under PoS, new ETH is issued as rewards to validators who stake their ETH to secure the network. While the rate of new ETH issuance is significantly lower than it was under PoW, it is still a consistent inflationary pressure. The annual inflation rate from staking rewards is currently in the low single digits. • Net Issuance vs. Deflation: The "ultrasound money" thesis largely depended on the EIP-1559 burn mechanism (discussed later) consistently burning more ETH than is issued through staking rewards, leading to a net deflationary supply. However, this has not always been the case post-Merge. There have been extended periods where ETH has been net inflationary. • Unstaking and Liquid Staking Derivatives: The ability for validators to unstake their ETH (enabled by the Shanghai/Capella upgrade) means that previously locked supply can re-enter the market. Furthermore, the proliferation of Liquid Staking Derivatives (LSDs) like Lido's stETH or Rocket Pool's rETH, while enhancing capital efficiency, also means that staked ETH is not entirely removed from liquid circulation, as these derivative tokens can be traded or used in DeFi. This consistent, albeit reduced, issuance contributes to sell pressure, especially if demand does not keep pace. The narrative of ETH becoming a deflationary asset has been weakened, impacting one of the key bullish arguments that previously supported a higher ETH/BTC ratio. 2. Flat Demand: A Stagnant Network Picture For ETH's price to appreciate significantly, there needs to be robust demand for the token, driven by network usage and adoption. Currently, several indicators suggest that demand is, at best, flat, and in some areas, declining. • Network Activity Metrics: Key on-chain metrics such as daily active addresses, transaction counts, and total gas consumed have shown periods of stagnation or even decline. While Layer 2 scaling solutions are processing more transactions, this activity doesn't always translate directly into proportional demand for ETH on the mainnet, especially if Layer 2s manage their own fee markets efficiently. • Total Value Locked (TVL) in DeFi: While DeFi remains a cornerstone of Ethereum's value proposition, the growth in TVL has slowed considerably compared to the explosive growth seen in 2020-2021. Capital inflows into DeFi protocols on Ethereum have been less aggressive, partly due to macroeconomic conditions, regulatory concerns, and the emergence of competitive DeFi ecosystems on other blockchains. • Competition from Alternative Layer 1s and Layer 2s: Ethereum faces increasing competition from other Layer 1 blockchains (e.g., Solana, Avalanche, Aptos, Sui) that offer higher throughput and lower transaction fees, attracting users and developers. Moreover, Ethereum's own Layer 2 ecosystem (e.g., Arbitrum, Optimism, Polygon zkEVM, Starknet, zkSync Era), while crucial for its long-term scalability, also fragments user activity and can, in some ways, reduce direct demand pressure on ETH for L1 transactions if users primarily operate within these L2 environments. • Macroeconomic Headwinds & Regulatory Uncertainty: Broader economic conditions, including inflation, interest rate hikes, and recession fears, have generally dampened risk appetite across financial markets, including crypto. Additionally, the ongoing regulatory uncertainty in key jurisdictions like the United States creates an environment of caution, potentially hindering institutional adoption and large-scale investment in assets like ETH. • NFT Market Cool-Down: The NFT market, which was a significant driver of ETH demand, has experienced a substantial cool-down from its peak in 2021-2022. While innovation continues, transaction volumes and average sale prices have fallen, reducing the ETH velocity associated with this sector. Without a significant uptick in genuine network demand – more users transacting, more capital flowing into DeFi, a resurgence in NFT activity, or new killer dApps emerging – it becomes harder for ETH to absorb the ongoing supply issuance and stage a sustainable rally. 3. Weakened Burn Mechanics: The Diminished Impact of EIP-1559 EIP-1559, implemented in August 2021, was a landmark upgrade for Ethereum. It introduced a mechanism where a portion of every transaction fee (the "base fee") is burned, permanently removing that ETH from circulation. This was a key pillar of the "ultrasound money" narrative, as it created a deflationary pressure that could, under conditions of high network demand, outpace new ETH issuance. However, the effectiveness of this burn mechanism is directly tied to network congestion and the level of the base fee. • Lower Network Congestion: In periods of lower network activity and congestion (as has been observed more frequently recently), the base fee required to get transactions included in a block decreases. A lower base fee means less ETH is burned per transaction. • Impact of Layer 2s: As more transaction activity shifts to Layer 2 scaling solutions, which have their own, typically much lower, fee structures, the demand for block space on Ethereum Layer 1 can decrease. While L2s do periodically batch transactions and settle them on L1 (consuming L1 gas and contributing to the burn), the overall L1 gas consumption directly attributable to individual user transactions might be lower than if all those transactions occurred on L1. • Periods of Low Burn: Consequently, there have been extended periods post-Merge where the amount of ETH burned via EIP-1559 has been insufficient to offset the ETH issued as staking rewards. During these times, ETH's supply becomes net inflationary, undermining the deflationary narrative that was a strong catalyst in previous cycles. While EIP-1559 remains a crucial and beneficial upgrade for Ethereum's fee market predictability, its power as a consistent deflationary force has been tempered by the current realities of network demand and the evolving Layer 2 landscape. Synthesizing the Outlook: A Tug-of-War The current situation for Ethereum is a complex tug-of-war. On one side, the historically low ETH/BTC ratio flashes a compelling "undervaluation" signal, suggesting a potential for significant upside based on past market behavior. This attracts traders looking for relative value plays and those who believe in Ethereum's long-term fundamental strengths. On the other side, the fundamental picture is clouded by persistent, albeit reduced, supply issuance, a lack of explosive growth in network demand, and a burn mechanism whose deflationary impact is currently muted. These factors create genuine headwinds that could prevent ETH from easily replicating its past ratio-driven rallies. For ETH to truly capitalize on its apparent undervaluation relative to Bitcoin, several things likely need to occur: 1. A Resurgence in Demand: This could come from a new "killer app" or narrative on Ethereum, a significant rebound in DeFi or NFT activity, increased institutional adoption (perhaps spurred by clearer regulation or new investment products like spot ETH ETFs in more jurisdictions), or a general improvement in macroeconomic conditions that boosts risk appetite. 2. Successful Maturation and Value Accrual from Layer 2s: As Layer 2 solutions mature and gain wider adoption, their success needs to translate into tangible value accrual for ETH itself. This could happen through increased L1 settlement demand, the use of ETH as a primary gas token on L2s, or innovative mechanisms that tie L2 economic activity back to the L1 token. EIP-4844 ("Proto-Danksharding") is a step in this direction by aiming to reduce L2 transaction costs, potentially fostering more L2 activity and, consequently, more L1 settlement. 3. A Shift in Broader Market Sentiment: Often, major altcoin rallies, including for ETH, occur after Bitcoin has established a strong uptrend and market sentiment becomes broadly bullish. A sustained Bitcoin rally could create a "wealth effect" and encourage capital to rotate into ETH and other altcoins. Conclusion: Caution Warranted Despite Undervaluation Signals While the ETH/BTC ratio strongly suggests that Ether is trading at a significant discount compared to Bitcoin, historical precedent alone may not be enough to guarantee a rally in the current market. The fundamental challenges posed by ongoing supply, relatively flat demand, and a less potent burn mechanism are significant and cannot be ignored. Investors and traders eyeing ETH must weigh the allure of its apparent undervaluation against these tangible headwinds. A potential ETH rally is likely contingent not just on the ratio mean-reverting, but on a demonstrable improvement in Ethereum's core demand drivers and a favorable shift in the broader market environment. The "extremely undervalued" signal is a call for attention, but thorough due diligence and a clear understanding of the current complexities are more crucial than ever. Ethereum's long-term vision remains ambitious, but its path to reclaiming relative market dominance against Bitcoin in the near term appears more challenging than in previous cycles.
COINBASE:ETHUSDLong
by bryandowningqln
Bitcoin Hits $100K: Bull Run IgnitesWhat Tariff Shock? Bitcoin Surges Past $100K as Market Recovery Continues The cryptocurrency market has been making headlines again as Bitcoin (BTC) surges past the $100,000 mark, signaling a robust recovery and potentially the start of a new bull cycle. In an environment marked by economic uncertainty, geopolitical tensions, and fluctuating central bank policies, Bitcoin’s remarkable resurgence has captured the attention of retail investors, institutional participants, and financial analysts alike. This article delves into multiple facets of Bitcoin’s ongoing rally, including its recent rebound after a sharp drop, the role of whales in fueling the push toward $100K, the realized cap hitting a record high, and whether aggressive profit-taking by investors signifies a local top. Additionally, we’ll explore the implications of Bitcoin's return to $100K and why it hints at a "significant price move" that could shape the broader financial landscape. ________________________________________ Bitcoin Rebounds After Sharp Decline: The $100K Push Bitcoin’s journey to $100,000 has been anything but smooth. After experiencing a sharp correction earlier in the year, many market participants feared that the cryptocurrency's bull run was over. However, Bitcoin's ability to rebound from its lows with renewed vigor has defied expectations. Whales Drive the Rally One key factor behind Bitcoin’s resurgence is the activity of "whales," large-scale investors who hold significant amounts of BTC. On-chain data reveals that whales have been accumulating Bitcoin during periods of lower prices, effectively acting as a stabilizing force during market downturns. By reducing liquidity in the market and concentrating their holdings, whales have created conditions conducive to a price surge. In addition, whale wallets have been observed transferring large sums of Bitcoin out of exchanges and into cold storage, signaling a long-term bullish outlook. This withdrawal pattern reduces the supply of Bitcoin available for trading, increasing upward pressure on the price. ________________________________________ Realized Cap Hits Record High: A Bullish Signal Another notable development supporting Bitcoin's rally is its realized capitalization (realized cap) hitting an all-time high. Unlike market capitalization, which multiplies the total supply of Bitcoin by the current price, the realized cap calculates the value of each Bitcoin at the price it was last moved. This metric provides a clearer picture of the aggregate cost basis of Bitcoin holders. The realized cap reaching a record high indicates that a significant portion of Bitcoin has changed hands at higher price levels, reflecting increased investor confidence. This metric aligns with the narrative of accumulation, as both retail and institutional investors appear to be buying Bitcoin at higher prices in anticipation of future gains. Accumulation Continues On-chain analytics reveal that accumulation trends have persisted throughout Bitcoin's recovery. Wallet addresses holding between 1 and 10 BTC have grown substantially, showing that smaller investors are also entering the market. This broad-based accumulation not only adds to Bitcoin's bullish momentum but also reduces volatility by distributing supply across a wider range of participants. ________________________________________ Profit-Taking and Local Top Concerns While Bitcoin's surge past $100,000 has been met with enthusiasm, some analysts caution that aggressive profit-taking by investors could signal a local top. Short-term holders, in particular, have been selling their Bitcoin to lock in gains, as evidenced by the increasing Spent Output Profit Ratio (SOPR). Signs of a Local Top? A high SOPR indicates that investors are realizing profits at a significant rate, which often coincides with price corrections. However, it’s important to note that profit-taking is a natural part of any market cycle and does not necessarily signal the end of a bull run. In fact, periods of consolidation and minor corrections can strengthen the foundation for a more sustainable rally. Market sentiment, as measured by the Fear & Greed Index, has also entered the "Greed" zone, suggesting that bullish enthusiasm may be running high. Historically, extreme greed has preceded short-term pullbacks, making it crucial for investors to remain cautious. ________________________________________ New Bull Cycle? Bitcoin’s Return to $100K Hints at Significant Price Move Bitcoin’s return to the $100,000 milestone has rekindled hopes of a new bull cycle, with analysts pointing to several factors that support this narrative. The cryptocurrency market has historically moved in cycles, driven by supply-demand dynamics, macroeconomic conditions, and technological advancements. The current environment appears to align with the early stages of a new bull phase. Institutional Adoption and Macro Tailwinds Institutional interest in Bitcoin has grown exponentially over the past few years. Major financial institutions, including hedge funds, pension funds, and publicly traded companies, have embraced Bitcoin as a hedge against inflation and a store of value. This influx of institutional capital has not only validated Bitcoin’s role as a legitimate asset class but also provided a steady source of demand. Moreover, macroeconomic tailwinds such as high inflation, declining confidence in fiat currencies, and geopolitical instability have enhanced Bitcoin's appeal as a decentralized, non-sovereign asset. Central banks’ monetary policies, including quantitative easing and low interest rates, have further eroded the purchasing power of traditional currencies, driving investors toward Bitcoin. Supply Shock and Halving Cycles Bitcoin’s fixed supply of 21 million coins and its halving cycles play a crucial role in its price dynamics. The most recent halving in 2024 reduced the block reward for miners, effectively decreasing the rate at which new Bitcoin enters circulation. This supply shock, coupled with growing demand, has historically preceded significant price rallies. On-chain data shows that long-term holders, who typically accumulate Bitcoin during bear markets, are now distributing their holdings during this bull phase. This redistribution of supply suggests that a new wave of investors is entering the market, further fueling the rally. ________________________________________ What’s Next for Bitcoin? As Bitcoin continues to defy expectations, the question on everyone’s mind is: What’s next? While predicting Bitcoin’s price movements with precision is challenging, several scenarios could play out in the near term. Scenario 1: Sustained Bull Run If accumulation trends persist and institutional interest continues to grow, Bitcoin could maintain its upward trajectory, potentially reaching new all-time highs. Key resistance levels to watch include $120,000 and $150,000, which could serve as psychological barriers for further price appreciation. Scenario 2: Short-Term Correction A short-term correction is always a possibility, especially given the aggressive profit-taking observed in recent weeks. However, such corrections are often healthy for the market, allowing for consolidation and setting the stage for more sustainable growth. Scenario 3: Macro-Driven Volatility External factors, such as changes in monetary policy, regulatory developments, or geopolitical events, could introduce volatility to the market. While Bitcoin has shown resilience in the face of macroeconomic challenges, it remains sensitive to major news events. ________________________________________ Conclusion Bitcoin’s surge past $100,000 marks a pivotal moment for the cryptocurrency market, signaling a robust recovery and the potential start of a new bull cycle. Driven by whale activity, record-high realized capitalization, and persistent accumulation, Bitcoin has defied skeptics and reasserted its dominance as the leading digital asset. While concerns about a local top and profit-taking are valid, the broader trends suggest that Bitcoin is preparing for a significant price move. Whether this rally leads to sustained growth or faces temporary setbacks, one thing is clear: Bitcoin remains a transformative force in the financial world, offering a decentralized, inflation-resistant alternative to traditional assets. As we look ahead, the combination of institutional adoption, macroeconomic tailwinds, and Bitcoin’s unique monetary policy positions it for continued success. For investors and enthusiasts, the journey to $100,000 and beyond is more than just a milestone—it’s a testament to the enduring promise of blockchain technology and the future of decentralized finance.
BITSTAMP:BTCUSDLong
by bryandowningqln
A Table to show you Money Flow when BITCOIN DOMIANCE MOVES A Simple Rule of Thumb can be followed when BITCOIN DOMINANCE moves up or down and it can save you a fortune if you use it properly. BTC.D - BTC - ALTS increase - increase - Decrease increase - Decrease - Decrease Rapid increase - Stable - Stable Decrease - Increase - Increase Rapid Decrease - Decrease - Decrease / Stable Decrease - Stable - Increase Currently we are seeing BTC.D Decreasing and yet the BITCOIN Price in Increasing and ALTS are INCREASING Tjhis is Great BUT you need to watch BTC.D like a Hawk now because when that changes and begind to rise again, as it will do one day, maybe soon maybe in a month....then the likly hood of ALTS dropping Quickly is high Bitcoin is now in heavy resistance and pushing through. Pay attention to how long it can do that The table above is your Saviour
CRYPTOCAP:BTC.D
by Orriginal
The 4 Crypto Dominance charts and 4 x TOTAL charts -ALT ? There are some charts we should always refer to in times where we feel change may be upon us. The chart above are Bitcoin Dominance ( BTC.D ) - Ethereum Dominance ( ETH.D ) Others Dominace ( OTHERS.D) and USDT Dominance ( USDT.D) ( I use USDT as it remains the largest Stablecoin by market cap) The RED line in these Daily charts is the 50 day SMA In most of my posts recently, I have been mentioning how Strong BITCOIN is remaining while under a Lot of resistance. But we really should not forget the rest of the market. THE ALTS The Fabled ALT Season has been running away from us, making many wonder just what is happening. To explain, while BTC.D remains high, it shows us that the Money remain invested in Bitcoin. When this Dominance Drops, in the past, it has signalled the rise of investment into ALTS. Called ROTATION, the money rotates from one asset to another. Due to the corporate investment in Bitcoin, this rotation has not happened. BUT IS IT ABOUT TO ? Let look at a few things BTC.D has been rising continuously for Months now, It is way above that 50 day SMA. PA could fall a Long way before the support of that 50 SMA is required and I notice as I type, that is is beginning to drop. It's local support may help ETH.D has begun to Rise but we need to pay attention to this as it could get rejected once again by the 50 SMA. Ethereum has had a very hard time this cycle and has yet to show any sustained recovery OTHERS.D - Now OTHERS is the one I watch most. Others is the Top 125 Coins MINUS the Top 10 by market cap. This shows us the Mid to Low cap Alts coins. This is also rising right now but once again, we need to wait and see if it breaks through the 50 SMA that has rejected it many times. The USDT.D has been dropping. This shows that USDT has been rotated into other assets. Bullish but I have to say, that as I write this, I have just noticed that this has begun to rise also though only on a 1 hour chart so maybe just Noise but it is worth watching. So, on these dominance charts, we see a potential start to a rotation but with the likely hood of rejection of the 50 SMA, It could be the First step of a bigger move.....But with potholes in front. The Next Logical thing to do is to look at the TOTAL market Cap charts, to compare this dominance. This chart shows us the Daily charts for TOTAL Crypto market Cap - TOTAL2 ( minus BTC ) TOTAL3 ( Minus BTC & ETH ) - OTHERS ( Top 125 coins Minus top 10 by Dominace ) SMA;s in chart are RED= 50, BLUE = 100, GREEN = 128, YELLOW = 200 The TOTAL is the ONLY one that has PA above all the SMA's, potentially offering Support on many fronts. It has also had the most sustained Rise. Hence the high level of Dominance in the Market. TOTAL2 is above the 50 SMA that has rejected it previously and is about to hit into the 100. We need to see if this will be rejected or not. Remember how the ETH.D is also facing rejection off the 50SMA - ETH is under pressure TOTAL3 is above the 50 and appears to have broken through the 100. This is VERY Bullish for the ALT coins and could show us some potential for a continued rise as sentiment continues to turn positive. But we should watch that 200 as a potential problem OTHERS has the largest and strongest rise and again, is above the 50 and appears to have broken through the 100. This chart has the largest gap between current PA level and the next SMA that may reject it. This is the same on the Others.D chart SO, in conclusion, The potential for a Rotation does exist but it is going to be hard fought. There is the possibility of a HIGH volitle state for the next few days, possibly Weeks. If you are going to rotate out of Bitcoin, Be VERY CAUTIOUS until at least the next SMA have been claimed on both sets of charts. The nest bets are on the Mid to lower Cap ALT coins. BUT I will say this. I cannot See BITCOIN Selling off to invest in ALTS. I also see Bitcoin continuing higher against the USD. IF we get an ALT season now, It will be Quick, Volatile and possibly with Quick Pump and Dumps on most ALTS. The larger ALTS will survive this better than the Meme, small caps in my opinion For me, the ROTATION that creates an ALT Season will occur with the rotation of money from ALT to ALT and NOT BTC to ALT What ever you do, Remain in Peace and Safety
CRYPTOCAP:BTC.D
by Orriginal
Bitcoin showing itself to be the STRONGEST ASSET right nowThsi is a VERY Bold statement but there is a saying that we need to understand CHARTS NEVER LIE This chart is the 4 hour charts of Bitcoin - Gold DXY $ - S&P500 There are a number of things to see here. The First and strongest sign is simply that Bitcoin has risen over the last 36 hours alongside the $ Rising. This in itself is a huge sign. 80% of the time, these 2 assets go in opposite directions. To me, this is showing a weakness in Faith in the $, With Lower interest rates, less return on Holding. However, the USa will not want to see the $ drop much further and so I imagine it is being bought up to safeguard its price. Next week, on the 13th, we have inflation figures published. We need to watch that Closely. The $ is currently Lower than it has been for a long time and while this can be seen as a Negative, it has also made American goods cheaper to buy to Foreign Markets, while it has increased the value of other Currencies. Making the $ cheaper is potentially a Good idea. At the same time, we see the Global traditional "Safe Haven" Selling off. The Daily CFD on Gold chart above it has formed a double Top, that usualy creates a draw down. It is also overbought on a daily after its recent pushes higher. But more than anything, with interest rates remainiiiiiiiiiiiiiiiiiing static, this has released pressure of investers and so Risk appetite is returning. Again, we need to watch what happens around the 13th when USA inflation figures are released. And then the S&P500 Overall, it has been dropping since Feb This Daily chart shows us It made a recovery but this may not be to go to ATH again but more part of the ABC correction. There is a possibility it could be forming an inverse Head and Shoulders...so, again, we watch So, over all, what we see is BITCOIN taking on all the markets and making the biggest gains It has certainly been the least volatile with Dips and Troughs shallower than the $ and S&P500 which is Stunning if you have ridden Bitcoin for the last 10 years.... Bitcoin has Matured in to a REAL Asset Class.. For me, it is NOT Crypto anymore. .IT IS BITCOIN
INDEX:BTCUSD
by Orriginal
2
Bitcoin Daily Update - It is now the STRONGEST ASSET The FED tells us that borrowing will remain as expensive as it was before, No change and so now, we see traders relax and BTC PA rises. Bitcoin is now showing Huge strength, bang on time The Blue Dashed line above is the current ATH and we may end up near there in the next few weeks, providing we keep momentum. Before this, we may see PA slide down the top side of this red 236 Fib circle, using it as support while the Daily MACD cools off. The Daily MACD is not oversikd tghough, so can push higher yet. PA also broke over the 2.628 Fib extension. It may not want to loose that. We wait again but in confidence. But that is not All - Look at this Chart This is a 4 hour chart of Bitcoin - Gold DXY $ - S&P500 What is highly unusual here is how Bitcoin and the $ BOTH ROSE at the same time ! I will write more about this in another post but THIS Alone shows a Vast market swing and possibly a lack of faith in the $. BUY BITCOIN AND HOLD
INDEX:BTCUSD
by Orriginal
2