Is Bitcoin Poised for a Rally? Technical Analysis and Trade IdeaMany are asking, where will Bitcoin head next? Looking at this four-hour chart, we can see equal lows and a notable dip into sell-side liquidity. My question is whether this is setting up for a pre-Christmas rally or not. I'll be watching for a potential buy opportunity if we see a bullish market structure break. If that doesn't happen, then there won't be a trade. This is not financial advice.
BTC-D
Comparing Christmas 2020 vs 2024#Altcoin Marketcap #Analysis
Description
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+ Comparing the altcoin marketcap on 2020 vs 2024 Christmas (pre bull run years), during the christmas week altcoin had a significant drop in the marketcap and after holidays we saw significant growth in the marketcap pushing the altcoin prices higher.
+ I'm seeing similar pattern in this bull run, in 2025 we are doing to see a huge bull run and during this Christmas week it was expected to see some drawdowns.
+ I'm expecting the market to see a complete recovery in the first two weeks of the Jan 2025.
+ I'm doing DCA for most of my Altcoin holdings and increasing my investment in some AI based tokens.
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Bitcoin - Playing around weak support#BTC/USDT #Analysis
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+ Currently bitcoin is trading around its support zone of 95K and this is weak support which held and broke multiple times.
+ Strong resistance for bitcoin is around 92K, if bitcoin falls to this level, we can expect the support to hold.
+ I'm expecting a drop in price with a wick to touch 92K and bounce back immediately.
+ If bitcoin breaks below 92K then we can expect further crash to 80K level.
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Bitcoin (BTC/USDT) –1 H Timeframe AnalysisBitcoin (BTC/USDT) is currently testing a blue trendline resistance. If the price successfully breaks out of this trendline with confirmation (e.g., strong volume or bullish candlestick patterns), it could signal a continuation of the uptrend.
The Target
After the breakout, the next target aligns with the red zone, which serves as a key resistance area and potential profit-taking level.
XRP/USDT - (25-12-2024) G-Money's short version analysis based BTC/USDT 2H G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS". I do totally ignore any fundamental analysis, technical analysis only
BTC/USDT - please pay an attention, It has a 2 take profit levels.
What do you think?
Chart is itself explaining. Kept a "KISS" approach all the way ( "Keep It Simple, Stupid") & beginners friendly... ;)
I do hope that nobody ignoring SL ( Stop Loss) ! Without it, It is a fastest way to loose hard earned money...
;)
Trade safe & don't do "gambling". In the end it never pays, not worth it to risk loose all your $...
PS: above technical analysis is done for the community & educational purpose only! It is not a financial advice. Just share my very own insight to it.
Merry Christmas to ALL !
$BTC correction bottom is $85000All the fanboys—Crypto Rover, Ash Crypto, Satoshi Stacker, Banter, etc.—are singing the same tune: *"We're back!"* They claim CRYPTOCAP:BTC is still in a bullish pattern, that the December 20th -15% crash was just an anomaly, and so on.
As usual, these CRYPTOCAP:BTC enthusiasts are acting like PR agents for Blackrock and Sailor, hyping the market to attract your money.
If you're into altcoins, be cautious—the charts are telling a different story than their optimistic chatter.
Remember June 2024? They were promising rewards if CRYPTOCAP:BTC hit $80K by the end of the week. How generous! And yet, CRYPTOCAP:BTC dropped -31%, with many altcoins plunging -80% over the following three months.
I sent my weekly chart showing bearish divergence to all of them back then. None paid attention, and I was right.
This time, while we're not in an identical scenario (the weekly timeframe still looks bullish), the daily timeframe shows a clear downward trend. Until this plays out, there's no reason to get overly optimistic.
This means we could see selling pressure for the next week, dragging most altcoins down with CRYPTOCAP:BTC as the correction completes. The expected bottom for CRYPTOCAP:BTC is around $85,000, give or take. After that, the bull run should resume—I don’t think we’re heading into a bear market just yet.
As always, DYOR!
BTC/USD : Another Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Bitcoin chart on the 4-hour timeframe, we observe that after our previous analysis, the price surged to $108,400 before experiencing a sharp decline, correcting down to $92,000. Currently, Bitcoin is trading around $93,800. If the price manages to stabilize above the $90,600 to $92,300 range, we could anticipate further growth for this cryptocurrency. This analysis will be updated.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Perfect startMorning folks,
Hopefully you had a great Xmas time... Today we do not have a lot to comment. Our view we've explained in previous update
Setup has started just perfect. Once upside AB-CD was done, the H&S starts. Now we consider two points - 89.5-90K, mostly because of Fib support and oversold on daily chart [ /b]
And the major one around 82K as a H&S downside target. 10-year yields are keep climbing with 4.75% target by our view. So the pressure on all dollar rivals will remain for some time.
Thus, no longs, if you've missed entry on top, no problems, you could try to step in on minor intraday pullback.
Bitcoin[BTC] - Do you see a similarity ?#BTC/USD #Analysis
Description
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+ Dec 2024 Bitcoin chart looks exactly like the pattern of the Dec-2023
+ In Dec-2023 we saw similar channel formation and price broke down from the support line briefly and then bounce back in January.
+ The same pattern we are seeing now, channel formation completed and price broke down from the support line of the channel.
+ I'm expecting price to decline further upto 85k zone and bounce back from there.
+ A bounce back from this zone will push the bitcoin price parabolic.
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Bitcoin Roadmap==>>Short-termBitcoin ( BINANCE:BTCUSDT ) is moving near the Support zone ($95,000-$90,870) and 50_SMA(Daily) , also Bitcoin managed to break the Descending Channel . Although the main Ascending Channel has been broken in the above time frame , I still expect the pullback to the main ascending channel to continue.
Regarding Elliott wave theory , Bitcoin seems to be completing microwave Y of the main wave 4 .
I expect Bitcoin to rise to at least the 🎯Targets🎯 I have specified on the chart .
⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Example of how to trade without chart analysis
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Since the coin market can be traded 24 hours a day, 365 days a year, gaps do not occur as often as in the stock market.
(However, gaps may occur frequently in exchanges with low trading volume.)
In any case, I think that these movements provide considerable usefulness in conducting transactions.
Sometimes I told you to buy when the price drops by -10% or more.
Today, I will tell you why.
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In order to trade, you must have basic knowledge of charts.
Otherwise, you are likely to conduct transactions incorrectly due to volatility.
However, such cases are less common in the coin market than in the stock market.
One of the reasons is that the current coins (tokens) are not being used for actual business purposes.
So, I think there are quite a few issues that cause volatility other than charts like stocks.
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If the price falls one day and falls by about -10% from the high before a new candle is created, I buy.
The next day, if it falls by about -10% from the high again, I buy again.
When it falls by about -10% like this, I continue to buy in installments.
That's why I need to adjust my investment ratio.
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If I buy like that, there will come a point where my price rises more than the average unit price.
In that case, when I'm making a profit, I sell the amount corresponding to the purchase principal in installments and leave the number of coins (tokens) corresponding to the profit.
If you want cash profit, you can sell a certain portion in installments.
Also, on the contrary, when it rises by about +10%, we proceed with a split sale.
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As shown in the example chart, you can see that there are not many cases where it rises by -10% or +10%.
However, since it occurs more often in the case of altcoins than in BTC or ETH, you should pay special attention to adjusting your investment ratio when trading altcoins.
That is why you must check the price fluctuation range 1-3 hours before a new candle is created on the 1D chart.
This method is a method that can be traded even if you lack knowledge about charts.
If you let go of your greed a little and have the ability to split sell when you are making a profit, you will be able to meet the moment when a crisis becomes an opportunity.
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Thank you for reading to the end.
I hope you have a successful trade.
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Let me analyze BTC.D FOR Q1 2025 TO YOUChart showing Bitcoin market cap dominance:
Key Technical Observations:
1. Current Trend Structure:
- The chart shows BTC dominance was in an upward channel (marked by yellow parallel lines)
- Recently broke down from this channel, suggesting a potential trend reversal
- Current dominance level is around 58.04%
2. Price Pattern Formation:
- The chart forecasts a potential declining pattern ahead marked by white curves
- Labeled as "LAST RE-TEST BEFORE ATLS" suggesting this could be the final retest before a significant move
3. Support Levels:
- There appears to be a key support zone around 55% (marked by purple horizontal boxes)
- The projection suggests a possible drop toward 50% level
4. Future Projection:
- The white wavy line suggests increasing volatility with lower highs and lower lows
- Final projection points to a sharp downturn (purple curved line) heading into January 2025
Trading Implications:
- The breakdown from the upward channel could signal weakness in Bitcoin's market dominance
- Traders might want to watch the 55% support level carefully
- The analysis suggests preparation for increased volatility and possible further decline in BTC dominance
Keep in mind that this is technical analysis and projections may not play out exactly as charted. Always use proper risk management in trading decisions.
💡 Trading Recommendation:
Monitor price reaction at 55% support - crucial level for maintaining bearish thesis. Consider risk management strategies around projected volatile moves.
Interpretation of 50 MA (Moving Average) on Chart
The 50-day moving average (MA) (red line in the chart) is a widely used indicator that helps identify the trend direction and acts as a dynamic support or resistance level. Here is how it applies to the current chart:
Current Overview:
Support Role:
The 50 MA is closely aligned with the green support area, reinforcing this level as a strong dynamic support.
The price has historically respected the 50 MA as support, evidenced by previous bounces near this level.
The upward slope of the 50 MA indicates that Bitcoin is still in a bullish trend on higher timeframes.
The bullish structure remains intact as long as the price stays above the 50 MA.
The convergence of the 50 MA with the green horizontal support area (~$92,500–$95,000) adds significant strength, making it a key level to monitor for a potential bounce.
Bullish Case:
If the price is above 50 MA, it could act as a launching pad for the next upward move.
A bounce off this level could target the $102,500 or $110,000 levels.
Bearish Case:
A breakdown below the 50 MA and the green support area could signal a trend reversal or a deeper correction.
The next support after this would be at $85,000–$90,000 or the lower range around $77,500.
Key Points:
The 50 MA is a crucial support level at the moment. Traders should closely monitor price action near this level. A strong bounce could confirm a bullish continuation, while a breakdown could indicate increased selling pressure.
Let me know if you would like further clarification or additional analysis!
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
DYOR, NFA
@Peter_CSAdmin
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Im bullish.
theta long midterm"🌟 Welcome to Golden Candle! 🌟
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