Eth Bounce On BtcEth approaches major support which should lead back up to 0.05 btc. Which will likely lead to another attempt at major resistance at 0.1 btc. If 0.1 btc breaks then eventually 0.79 btc will be the next major major resistance. In 2021 Eth cleared 0.03 without checking back into it testing it's support. This is the retest.
Btc-bitcoin
Eth/Btc 3W - Let's take a wide angle to see better$Eth/Btc 3W;
Looking at the Ethereum/Bitcoin chart from a much broader perspective, we can say that the downtrend is still dominant and strong.
We can see how the IMB and FVG levels are working properly.
If the decline continues down to the +OB level at $0.02934, if the Double Buttom formation support here is insufficient, the decline may continue until the Discount Zone. There are strong support zones at this level, so in the worst case, it will be inevitable to return from this region.
Why is the Eth/Btc pair important for us?
This pair shows the value of Ethereum against Bitcoin. This shows that the market perception is still heavily weighted towards Bitcoin as a safe haven. As is well known, the appreciation of Ethereum against Bitcoin usually marks the beginning of the altcoin season.
#eth #ethereum CRYPTOCAP:BTC #Btc #Bitcoin
BTCUSD - Bitcoin casually following path of next year ?Don't put to much credit on this one because even me I'm not believe my eyes
but this is the reason why I'm not taking profit yet
13 november 2024 is 25 October 2023
- Fibs extensions fit super well with this path,
- it's another confirmation for the green path I drew a month ago
- 97K for the next coming 10 days is very likely to me
- 120K for 25 december 2024 looks like a fairy tale and I want to believe
=> more than 10% drawdown for BTC is a partial take profit for me and a redistribution in more risky altcoins
I made a sort of indicator on my own that says if a certain coin will be worth it to buy for this bull run or no. Can already tell you that SOL , FET , STX and UNI are in it. Will show you my picks next month.
See you
not financial advice
Money over Politics - Trump Media(DJT) to buy Bakkt(BKKT)?Money over politics - Donald Trump Media( NASDAQ:DJT ) in talks to buy crypto company Bakkt ( NYSE:BKKT ). Follow the money. I am thinking that this is a very bullish sign if the government starts to change regulation around bitcoin and other crypto. It will be in the president's personal interest to make the US more crypto-friendly. If this acquisition goes through then Bitcoin to the moon!
Bitcoin is on its way to update the highs again!The main liquidation level has risen, but it would be logical to assume a short-term spike near the $100k mark, without reaching it completely, and then a reversal downward. Why? Because a wave of newcomers will rush into the market, gripped by fear of missing out (FOMO), buying up assets on the spot and opening long positions. This will become an easy target. I prefer to trust fibonacci levels as they offer the optimal RR for most traders. The liquidation level at 66k converges with the 1,414 level! It's a magnet.
Horban Brothers.
Rally Not Started Yet- Everything in trend, i used MVRV indicator ( Google it if you don't know it).
- Not a price prediction, check my older analysis for some price prediction.
- Not a date prediction, Timeline surely wrong.
- So this a post just to give you an idea of the situation.
What to not do :
- Don't listen some twitter influencers pseudo maestros traders 😂.
- Some are spreading that BTC bull market is finished or won't even happen.
- Don't follow and listen too many peoples at the same time.
- Don't forget that influencers are not traders.
- Don't forget many followers on Twitter or TV mean NOTHING!.
What to do :
- Learn is practice, so practice again and again to learn more and more.
- Teach to your friends about trading, more you teach more you learn and master trading!
- Listen to yourself (don't even listen to me).
- Keep focused.
- Be confident.
Now :
- Real Bull Market not even started.
- Be ready and DCA what you can afford.
- Don't panic for dips, buy more instead, this is crypto.
Happy Tr4Ding !
Bitcoin Timeline- i always said that this bullrun looks much more as 2015 - 2018.
- 2019 - 2022 BearMarket was disrupted by Covid.
- Double top ATH (end 2021) was combined with a large divergence.
- Consider that the first 2021 ATH was the real one.
- this graphic is not a price prediction but you can consider it as almanac.
- if story repeats next ATH would be before end of 2025.
- 2026 BearMarket will back.
- Check Columns + dates.
- Compare.
- Deduct.
Happy Tr4Ding!
Bitcoin - When will Bitcoin go to price correction?!Bitcoin is above the EMA50 and EMA200 on the daily timeframe and is trading in its ascending channel. Risk ON sentiment in the US stock market or investing in Bitcoin ETF funds will lead to its continued upward movement. We will look for bitcoin selling positions in the range of the channel ceiling (weekly).
Capital withdrawals from Bitcoin ETFs or risk OF sentiment in the US stock market will pave the way for Bitcoin to decline. Bitcoin buying positions can be looked for in the two specified demand zones.
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important.
US Spot Bitcoin ETFs
• Performance Last Week:
• During the first three trading days, US spot Bitcoin ETFs experienced substantial capital inflows, starting with a $1.11 billion inflow on the first day.
• However, in the last two trading days, the ETFs faced capital outflows of $400 million and $370 million, respectively.
• Weekly Summary:
Overall, the ETFs recorded a net capital inflow of $1.67 billion for the week, marking a positive performance.
Crypto Market Liquidations
• Coinglass Data:
• Over the past 24 hours, due to market volatility, more than 101,000 traders were liquidated, resulting in a total liquidation value of $231 million.
• This significant figure highlights the impact of recent market fluctuations on crypto traders.
Credit Agricole’s Analysis of the US Dollar
• Future of the Dollar:
• Unlike the 2018 rally driven by Trump-era policies, Credit Agricole argues that 2025 will not see a repeat of the same trend.
• Reasons:
• Current economic conditions differ significantly from 2018.
• Monetary policies and the dollar’s current strength indicate that the dynamics driving the dollar’s movements have shifted.
Robert F. Kennedy Jr. on Bitcoin
• Bitcoin as the “Currency of Freedom”:
• Robert F. Kennedy Jr., former Secretary of Health under Trump, described Bitcoin as a tool for protecting the middle class from inflation and a solution to counter the devaluation of the dollar.
• He also highlighted Bitcoin’s potential role in addressing America’s crippling national debt, emphasizing its importance in the country’s economic future.
Declining Correlation Between Bitcoin and Gold
• The correlation between Bitcoin and gold has dropped to its lowest point in 11 months.
• James Stanley, Chief Market Strategist at Forex.com:
• Gold has recently reached an overbought status, and its price correction is reasonable.
• Investor Focus on Bitcoin:
As Bitcoin approaches the $100,000 threshold, gold may regain investor appeal, especially near critical support levels.
Bitcoin's Super-cycle PredectionBitcoin is finalizing a motive wave (3) to mark the run's top.
A main corrective wave (4) shall start right after (3) and it shall last till Aug/ Sep of 2025 (a mini bear market).
A last motive wave (5) would happen after (4) that would probably last for another year
to end the 4 years super-cycle that started from Nov 2022.
$BTC - Wyckoff Accumulation Schematic Model #2Bitcoin is possibly in Phase C of Wyckoff Accumulation Schematic Model #2
Wyckoff Accumulation Schematic Model #2 describes a market phase where accumulation occurs before a significant upward trend. This model is often used to identify potential reversals and entry points, particularly in a downtrend that shows signs of accumulation. Here’s a breakdown of the stages and key components in Schematic Model #2:
Phase A: Stopping the Downtrend
-Preliminary Support (PS): First sign of buying interest that slows the downtrend. Volume increases slightly as buyers step in.
- Selling Climax (SC): The price experiences a sharp decline, reaching an extreme low with high volume. This often marks the lowest point of the downtrend.
- Automatic Rally (AR): After the SC, the price rebounds due to reduced selling pressure and some buying interest. The high of this rally defines the upper range of accumulation.
- Secondary Test (ST): Price revisits the SC area to test supply, often with lower volume than during the SC. This validates that selling pressure has weakened.
Phase B: Building a Cause
- Phase B involves a prolonged consolidation phase. It acts as a "cause" that fuels the future uptrend.
- Multiple Tests and Shakeouts: Within this phase, the price may test both the upper and lower boundaries several times. These tests show attempts to trap weak hands.
- Sign of Strength (SOS) and Minor Back-Up (LPSY): As Phase B progresses, price action becomes tighter, indicating stronger buying interest at higher lows.
Phase C: The Spring
- Spring or Shakeout: Price temporarily dips below the support level established by the SC and ST. This move is designed to flush out remaining sellers and weak holders.
- Test of Supply: Following the Spring, the price should test the previous support level but with low volume, indicating minimal selling pressure. This test confirms the spring’s effectiveness in absorbing supply.
Phase D: The Markup Phase
- Sign of Strength (SOS): Price rallies with increasing volume, breaking above the AR and ST levels, signaling accumulation completion.
- Last Point of Support (LPS): After the breakout, the price may pull back briefly to test the former resistance (now support). These points are often low-risk entries.
- Higher Highs and Higher Lows: Confirm the beginning of a new uptrend.
Phase E: The Uptrend
- Markup Phase: The price enters a sustained uptrend, often breaking previous resistance levels and forming higher highs.
- Continuation of the Rally: This phase is characterized by strong demand and may continue until the distribution phase begins.
Wyckoff's Accumulation Schematic #2 is commonly seen in longer consolidations and is effective for identifying potential reversals. This schematic differs from Schematic #1 mainly in the presence of a Spring, which is more aggressive and serves as a key entry confirmation.
BTC about to breakout on the H4 ChartBTC is currently trading above a major daily trend that goes back to January of 2024. The trend cuts the bearish and bullish action in half. That line is about to flip back into bullish territory. This spells major gains for btc in my opinion. There will be a H4 updated following with the smaller trend playing with the larger trend.
High Potenzial Invest Flow/EurAfter years and month of downtrend, now the important volume comes in and also the trendline broke through with this massiv volumen. In my eyes a no brainer, now investing some money and in the next month to years in combination with the industry / german / europe crisis it´s a very good way to diversify your money. The potenzial is up to x 40 maybe a new higher high x 70, but with a easy attitude and a realistic mind first realization from x8 - x10 because the volatility of crypto assets and then buying back with cost average. gl & hf
CLV: Explosive Opportunity – Don’t Miss the Pump!We’re aiming for $2, and the goal is clear: CLV is about to take off, and the move could happen at any moment. Telegram, Reddit, and Discord pump groups are already preparing for the next big boom, and we’re giving you a heads-up so you don’t miss out.
Why bet on CLV now?
The token has an extremely low market cap, making it the perfect candidate for a sudden breakout. With so much untapped potential, CLV can easily surpass $1 billion in market value.
This week alone, we’ve seen several meme tokens hit billions, and now it’s CLV’s turn. The setup is ready, and the next big move is being planned.
Immediate action is key:
Don’t miss this once-in-a-lifetime opportunity. Jump in now, load up your bag, and get ready for the pump. The plans are already in motion, and those who act early will reap the biggest rewards.
⏰ The time is now! Join before it’s too late. COINBASE:ETHUSD BINANCE:BTCUSD COINBASE:BTCUSD
Incoming $BTC correction back to $72k-66kBTC has had an impressive run. I got long right before the last leg higher pre election. BTC overshot my target by $6k, but the idea still remains that the FWB:83K -86k is the important resistance and I think we break back below $86k and then start a correction lower.
Everyone is extremely bullish here. Coinbase is the #1 app in the app store again and while I still believe there's 3-5 days left in this move higher, I think a correction is coming and so it's time to be defensive instead of take more risk.
With alts, I think many will end up below people's entries as I think most people went long alts in the past week or two. I think many alts during this move will correct 40-60%.
Therefore, I'll be exiting all of my BTC and altcoin exposure over the coming days with anticipation that I'll be able to buy back my bags much lower over the coming weeks.
If i'm wrong and I miss another move higher, so be it, but all the signs are there that this move is exhausted.
If I am right, then I think you'll want to have cash to buy this dip because this will be the last large dip before BTC and altcoins explode higher.