Bitcoin Analysis==>>New All-Time High(ATH) is Loading!!!For a better view of Bitcoin ( BINANCE:BTCUSDT ), I suggest you read yesterday's post first.👇
As I expected, Bitcoin corrected to the Support zone($72,000-$70,820) and is currently moving in a descending channel(small) .
According to Elliott wave theory , Bitcoin has completed wave 4 and we should wait for wave 5 .
I expect Bitcoin will touch New All-Time High(ATH) soon. (After breaking the upper line of the ascending channel).
⚠️Note: If Bitcoin falls below the Support zone($72,000-$70,820), it may fall further.⚠️
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoinsignal
Bitcoin Roadmap!!!Bitcoin ( BINANCE:BTCUSDT ) moved as ✅I expected in the previous post .
Bitcoin is moving near the Potential Reversal Zone(PRZ) and the upper line of the ascending channel .
According to Elliott's wave theory, Bitcoin is completing wave 3 . I expect the Bitcoin rally will need a Correction to continue near the All Time-High(ATH) .
I expect Bitcoin to drop down to the Support zone($72,000-$70,820) and Support line .
🔔Let's first short position, and I will try to update for the long position.🔔
⚠️Note: If Bitcoin falls below the Support zone($72,000-$70,820), it may fall further.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin Analysis==>> Last Chance for Breaking!!!Bitcoin ( BINANCE:BTCUSDT ) is still moving in the Resistance zone($70,080- $68,250) and is trying to break this zone.
Will Bitcoin break the Resistance zone($70,080- $68,250) !? Your Idea❓
Also, Bitcoin is likely to form an Ascending Channel in the 1-hour time frame , we have to wait to see if Bitcoin can form the second top or not .
According to the theory of Elliott waves , Bitcoin seems to be forming 5 more impulse waves after completing the Corrective Structure(Double Three Correction(WXY)) . Currently, Bitcoin is completing wave 3 , and wave 5 could be above the ascending channel (possible).
I expect Bitcoin to at least drop to the Support zone($68,420- $67,850) and fill the First CME Gap($68,395- $68,425) and then rise again .
🔔 Note: Bitcoin is generally in a sensitive price zone, and I think this is the last chance for Bitcoin to break the resistance zone. Tensions in the Middle East and a series of other factors that I will try to share with you in the next post (Prevent Bitcoin's increase and the formation of a new All-Time High(ATH)).
⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250), it will increase to at least $72,000.⚠️
⚠️Note: If Bitcoin goes below the Support zone($68,420- $67,850), we should expect more dumps.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Don't you want to know?BINANCE:BTCUSDT
As Bitcoin approaches $73,000, we find ourselves at a crossroads. Will Bitcoin break through the megaphone and go above $73,000 or set a new all-time high? Alternatively, will it be rejected by this strong resistance of $73,000 and fluctuate within the megaphone again? In my opinion, the price will rise to around $73,500. Based on my experience, Bitcoin could experience a sudden drop around this price level ($73,500 or higher) to liquidate long positions before breaking the megaphone and reaching higher prices. It is also worth mentioning that with the approaching U.S. elections and tensions in the Middle East, the market can be very volatile, so consider risk management.
Previous analysis!!
Long term preview!!
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⚠️Things can change...
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Bitcoin Analysis ==>> Bearish Pennant Pattern!!!Bitcoin ( BINANCE:BTCUSDT ) moved and filled the CME Gap as ✅I expected from the previous post .
Bitcoin was able to move itself below the Important Resistance Line and Resistance zone($70,080- $68,250) .
Regarding Elliott wave theory , Bitcoin seems to have completed the main wave 5 as I expected with the Ending Diagonal . Currently, Bitcoin has completed 5 bearish (small) waves and is completing corrective waves .
In terms of Classical Technical Analysis , Bitcoin has the ability to form a Bearish Pennant Pattern or Head and Shoulders Pattern . ( I drew the pattern separately for you so that the chart is not busy .)👇
I expect Bitcoin to continue its decline to at least $65,500 , and if the Support zone($66,500- $64,480) is broken, we should expect more Bitcoin declines .
⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250) and Resistance lines, we should wait for a new All-Time High(ATH) for Bitcoin.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Bitcoin Ready to Pump!!!Bitcoin ( BINANCE:BTCUSDT ) managed to break the Upper line of the Descending channel and 200_SMA(Daily) .
Bitcoin is attacking the Heavy Resistance zone($67,400-$64,740) .
In terms of Elliott wave theory , Bitcoin seems to be completing microwave 5 of the main wave 3 in the 15-minute time frame , so main wave 3 seems to be extended .
I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ) after the correction .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoin Analysis==>> Short term!!!In the previous posts ✅, we found the Top and Bottom of the rally , which started at $59,830 and continued up to $64,470 .
Bitcoin ( BINANCE:BTCUSDT ) is currently moving near the Support zone ($60,000-$59,100) and Potential Reversal Zone(PRZ) .
I also expect Bitcoin to make Regular Divergence (RD+) after touching the Support zone ($60,000-$59,100) .
According to Elliott's wave theory , Bitcoin seems to be completing wave 5 .
I expect Bitcoin to rise above the Support zone ($60,000-$59,100) at least to my First target as shown on the chart( around $61,000 ).
⚠️Note: If Bitcoin breaks the Support zone($60,000-$59,100), we can expect Bitcoin to go down more=first step will be $58,000.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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BTCUSDT: Why BITCOIN Remains Bullish and Its Next Potential MoveAs you can see, BTC has created Broadening wedge and is also located in the Megaphone , which means that if it breaks, we expect the price to reach the top of the Megaphone .
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BITCOIN → Bearish Pressure !!!Bitcoin failed to go beyond 63.800 so the price may fluctuate around $60.000 In addition, the bearish wedge shown in the chart can be a negative signal.
Recently analysis
(Daily)
And (weekly)
and
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin is Ready to Crash Again!!!Bitcoin is currently moving near the Resistance zone($62,860-$62,110) and 21_SMA(Weekly) and 200_SMA(Daily) .
According to the Elliott wave theory , Bitcoin seems to be completing main wave 4 . The structure of the main wave 4 appears to be an Expanding Flat Correction(ABC/3-3-5) .
I expect Bitcoin to break down to the Support zone($60,000-$59,100) once again.
⚠️Note: Considering that the Trading Volume is usually low on Saturday and Sunday, it is more reasonable to expect the Support zone($60,000-$59,100) to break at the beginning of next week. Of course, the tension between Iran and Israel can change the scenario at any moment, and the support zone will be broken.⚠️
⚠️Note: If Bitcoin breaks the Resistance zone($62,860-$62,110) and 21_SMA(Weekly) , we can expect the BTC pump to near $65,000.⚠️
In previous posts , I tried to show you the Bitcoin roadmap step by step; I hope it was useful.
Bitcoin Analyze (BTCUSDT), 4-hour time frame⏰.
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Bitcoin Analysis==>>End of Rally!!Bitcoin moved as I expected in the previous post and started to rise after breaking the Resistance zone($64,140-$63,820) .
Bitcoin was accompanied by two pieces of good news in the last 24 hours:
PayPal Opens Crypto Trading for US Businesses.
BlackRock Sees Highest Monthly ETF Inflow as US Bitcoin Holdings Climb.
Bitcoin is moving in the Resistance zone($67,380-$64,880) near the Potential Reversal Zone(PRZ) and in the Time Reversal Zone(TRZ) .
According to the theory of Elliott waves , Bitcoin seems to be completing microwave 5 of the main wave C . ( Actually, I think Bitcoin is still in corrective waves ).
Also, Regular Divergence (RD-) between Consecutive Peaks .
The CRYPTOCAP:USDT.D chart is moving in the Heavy Support zone , near the Support lines and the lower line of the Descending Channel . I expect USDT.D% to attack at least the upper line of the descending channel in the coming hours.
As a result, I expect Bitcoin to decline to at least the lower line of the ascending channel and Fill the CME GAP CME:BTC1! , and if this line and Support zone($64,140-$63,820) are broken, we should expect Bitcoin to decline to at least $63,000 .
⚠️ Note: If Bitcoin breaks the Resistance zone($67,380-$64,880), we can expect BTC pump to near $69,000. ⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin & some Sunday thoughtsAt this moment, I’m long Bitcoin, just like many others out there who are hoping for the next all-time high.
The dream of Bitcoin breaking its historical peak is alive, but there’s this lingering question I can’t ignore: what if it doesn’t happen?
It’s worth considering a scenario that no one really talks about — what if Bitcoin doesn't break out to new highs and instead stays in a range between $50k and $70k for the next few years?
We've seen this play out before in other markets. Take gold, for example, between 2020 and 2024. After its big run-up, it stayed in a range, teasing breakouts but taking years before finally breaking through its previous all-time high.
What If Bitcoin Enters a Prolonged Range?
The idea that Bitcoin might simply range trade between key levels for a long period is not that far-fetched. The fact that we now have Bitcoin ETFs isn't necessarily a bullish argument. After all, ETFs exist for gold too, and that didn’t prevent gold from ranging for several years.
Similarly, the argument that institutional investors are buying Bitcoin also isn’t a guarantee of a breakout. Big players have been accumulating gold for years, and yet, the price didn't explode immediately. Instead, it moved in a sideways range, frustrating long term bulls, until it was ready for a sustained move.
The Danger of Fake Breakouts
Bitcoin is notorious for its spike-like moves that give traders hope of a breakout, only to reverse in the opposite direction shortly after. It’s entirely possible that in the coming months or years, we could see multiple fake breakouts to the upside, triggering excitement that "this is it," only for Bitcoin to quickly retrace, leaving traders caught off-guard.
The same thing could happen with downward spikes that make people think the bull market is over, only for Bitcoin to bounce back into its range.
Final Thoughts
Bitcoin’s potential to enter a prolonged range, despite the ETF and institutional buying, is a real possibility. The key takeaway is that traders and investors should be prepared for both scenarios: the explosive breakout everyone hopes for, but also the chance that Bitcoin could just as easily trade sideways for years, keeping everyone guessing.
As always, the market will do what it wants, and our job as traders is to remain adaptable, keep emotions in check, and make the best decisions based on what we see, not just what we hope for.
BITCOIN: This May Be Your Last Chance Before Exploding to UpsideAs you can see, BITCOIN has created an ascending head and shoulders and is also located in the Megaphone , which means that if it breaks, we expect the price to reach the top of the Megaphone.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin Needs Correction==>>Filling CME GapsBitcoin started pumping after the announcement of the US Federal Funds Rate ( The Federal Reserve lowered the US Federal Funds Rate by 0.5% to 5.00%. ).
Considering that lowering Funds Rate is potentially good for the cryptocurrency market, lowering Funds Rate while the US government continues to print and spend money is a big mistake. I predict that investors may prefer bonds to riskier assets such as cryptocurrencies as interest rates fall.
Bitcoin is currently moving in the Resistance zone($63,500-$61,460) , Potential Reversal Zone(PRZ) , near the 21_SMA(Weekly) and 200_SMA(Daily) , Yearly Resistance(3) and upper lines of the Ascending Channel .
According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Zigzag correction(ABC/5-3-5) .
Also, Regular Divergence (RD-) between Consecutive Peaks .
Before drawing a better conclusion, let's take a look at the USDT.D% and BTC.D% charts.
USDT.D% is moving near the Support zone , the lower line of the Descending Channel and the Potential Reversal Zone(PRZ) . I expect USDT.D% to rise at least to the Resistance zone again, bringing down the Bitcoin price .👇
BTC.D% is moving in a Heavy Resistance zone. According to Elliott's wave theory , BTC.D% seems to be completing the main wave 5 with the Ending Diagonal . I expect BTC.D% to start its downward trend soon, which could cause Bitcoin to fall more than other tokens .👇
Based on the above explanation, I expect Bitcoin to at least drop to the Support zone($60,000-$59,100) and Support lines and fill the CME Gaps .
Note: If Bitcoin can break the Resistance zone($63,500-$61,460), we should expect Bitcoin to rise to at least $65,000.
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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BITCOIN: This May Be Your Last Chance Before Exploding to UpsideBitcoin can go up to 65k to complete the wedge, but every uptrend has to be corrected, that's the nature of the market . if wedge broken i expect the price can falling to 61K !
And we have to wait for failure so that the wedge is not broken, as if there is no wedge!
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin Analysis==>>Bearish Harmonic Patterns==>>Crab & SharkBitcoin moved as I expected in yesterday's post .
Bitcoin is currently moving in the Resistance zone($60,080-$59,400) , near the Resistance lines and the 50_SMA(Daily) .
It also seems that Bitcoin can potentially form the Bearish Crab Harmonic Pattern and Bearish Shark Harmonic Pattern .
After breaking the small Support zone , I expect Bitcoin to attack the Support zone($58,000-$56,600) again.
Note: We can expect more pumps if Bitcoin breaks the Resistance line (over $61,000).
Bitcoin Analyze (BTCUSDT), 15-minute frame⏰.
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Bitcoin Analysis==>> Reversal Patterns==>UP/UP/UPBitcoin is moving near the Support zone($58,000-$56,600) .
Regarding Classic Technical Analysis , Bitcoin seems to have succeeded in breaking the upper line of the Falling Wedge Pattern . It is also possible to form the Inverse Head and Shoulders pattern .
Regarding Elliott wave theory , Bitcoin seems to have completed the Double Three Correction(WXY) . This wave is part of Corrective Waves .
Also, we can see Regular Divergence(RD+) between Consecutive Valleys .
I expect Bitcoin to go UP to at least the target of the Falling Wedge Pattern .
My previous post titled " Bitcoin Analysis==>> Pumping Again==>>Short term
" is still valid
Note: If Bitcoin loses the Support zone($58,000-$56,600), we should expect Bitcoin to fall to $55,000(at least).
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin Analysis==>> Pumping Again==>>Short termBitcoin moved towards the Support zone($58,520-$57,100) as I expected .
Bitcoin is moving in the Support zone($58,520-$57,100) .
According to Elliott's wave theory , Bitcoin seems to have completed another Zigzag corrective wave .
I expect Bitcoin to start rising again from the Fibonacci levels to my targets .
Note: If Bitcoin loses the Support zone($58,520-$57,100), we should expect Bitcoin to fall to $55,000(at least).
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin Analysis==>>Filling CME Gap==>>Short termBitcoin was accompanied by increases and decreases ( high momentum ) in the past days.
Currently, Bitcoin has reacted well to the Support zone($63,630-$63,200) .
I expect Bitcoin to rise from the Potential Reversal Zone(PRZ) and fill the upper CME Gap($61,445-$60,485) .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin Analysis==>> PumpingBitcoin began to pump after Jerome Powell's speech and the possibility of interest rate cuts .
⚠️First of all, I must say that we must always keep up with the news and new events in the market, and all the analyses will never be correct; otherwise, there is no need for capital management, so we should always follow capital⚠️
Bitcoin seems to have managed to break the Resistance zone ($58,500-$57,000) , 200_SMA(Daily) , and 50_SMA(Daily) .
Regarding Classic Technical Analysis , the Bitcoin pump has invalidated the Rising Wedge pattern . The Rising Wedge pattern is a Reversal Pattern; if it Fails , it will become a Continuation Pattern .
According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 4 , and the structure of the main wave 4 can be a Contracting Triangle .
I expect Bitcoin to rise to at least $65,000 after breaking the upper line of the Contracting Triangle .
Note: Wave 4's structure is likely to change; overall, I expect the maximum correction or end of wave 4 to be at the Support zone.
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoin Analysis==>> Bearish Flag PatternBitcoin pulled back to the broken Support zone($60,520-$60,120) , as I expected ( in yesterday's post ).
According to Elliott's wave theory , Bitcoin seems to have completed the Zigzag correction(ABC/5-3-5) .
Regarding Classic Technical Analysis , Bitcoin seems to have formed a Bearish Flag Continuation Pattern .
I expect Bitcoin to fall again after breaking the Ascending Channel's lower line and the Support zone($58,500-$57,000) .
Bad News: Since yesterday, 785 million dollars of Bitcoin and 75 million dollars of Bitcoin have been moved by the Mt.Gox exchange, which is a significant volume.
Note: If Bitcoin goes over $60,700, the Scenario will change.
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoin Analysis==>>FallingBitcoin was rejected from the Resistance zone($58,500-$57,000) , 50_SMA(Daily) , Upper line of the Ascending channel , and Potential Reversal Zone(PRZ) .
I expect Bitcoin to Go down to at least the lower line of the ascending channel , and maybe Bitcoin will break the support zones .
Note: If Bitcoin goes over $63,000, we should wait for Bitcoin to pump to $65,000 (at least).
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin Analysis==>> Attack to Downtrend line==>>Short-termBitcoin is moving in the Support zone($58,500-$57,000) near the Downtrend line .
According to the Elliott wave theory , Bitcoin seems to have completed its 5-wave downtrend in the 15-minute time frame .
Also, we can see Regular Divergence(RD+) between Consecutive Valleys .
I expect Bitcoin to rise again to at least $59,200 .
Note: If Bitcoin goes below $57,000, we should wait for Bitcoin to fall to $55,000 (at least).
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.