What will happen to Bitcoin?Bitcoin is in a post-pattern movement. In these movements, the price rises in an IFC manner and shows no inclination to fill the IFCs, while many FVGs form along the way, but none are filled.
Bitcoin is now close to the psychological resistance of 100K. There is a possibility that Bitcoin might experience some correction between the 100K to 105K range, and we could witness an X wave.
If a correction occurs, you can rebuy in the green zone. Those who are out of the market can't stay out forever; they must form a setup!
If Bitcoin consolidates or experiences a mild correction, altcoins could pump during this period.
The next target step for Bitcoin could be in the range of 118K - 125K.
If a daily candle closes below the invalidation level, this setup will expire
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BTC-D
PENDLE Long Spot Trade (Bullish Continuation) Market Context:
PENDLE, a standout in the Ethereum ecosystem, is maintaining bullish momentum, printing higher lows while holding above the 200-day EMA. These signals point toward a continuation of the uptrend, with a likely retest of prior highs.
Trade Setup:
Entry Zone: Around $4.50
Take Profit Targets:
First target: $6.80
Second target: $9.40
Stop Loss: Daily close below $4.00
This trade focuses on strength in a trending market, with well-defined support and upside targets. Monitor for volume confirmation and any deviations below the 200-day EMA.
The key is whether the box section and pull back can be created
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(BTCUSDT 1D chart)
The HA-High indicator, which showed signs of being created yesterday, is expected to be created for sure this time.
Accordingly, the key is whether it can be supported near 96372.40 and rise above 98892.0.
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Since the creation of the HA-High indicator means that a high section has been created, I think that whether there is support near the HA-HIgh indicator can be an important criterion for predicting future trends.
First, we need to check how the box section is formed after the HA-High indicator is created.
Since the box section is usually formed above and below the HA-High indicator, it also means a section that moves sideways to the HA-High indicator section.
However, there are cases where a trend is formed right away without forming a box section, but since such cases are extremely rare, I think you don't need to worry about this.
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What we need to consider is whether the MS-Signal (M-Signal on the 1D chart) indicator can be touched and risen.
In other words, if the MS-Signal (M-Signal on the 1D chart) indicator is touched and rises while creating a box section of the HA-High indicator, a pull back pattern will be created and an upward price adjustment will be experienced.
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If not, and it falls below the MS-Signal indicator, there is a possibility that it will touch around 79.9K-80.9K.
This section was explained yesterday with the 1W chart.
Therefore, you can see how important the MS-Signal (M-Signal on the 1D chart) indicator area is.
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The next volatility period is around December 3rd.
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Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire section of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, it is expected that prices below 44K-48K will not be seen in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to this.
If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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ALT SENSATIONAL Everyone is watching this 60% level on CRYPTOCAP:BTC.D for the potential reversal from bitcoin dominance into alts. And I agree based on the order block and golden zone confluence.
The next step I take if I believe an alt season is soon, which is around the corner sooner than one would think, is to hawk the btc and ratio pair charts.
Here are a few that have piqued my interest as of now. This does not mean they immediately pump but rather offer some decent risk reward trade opportunities. I have no idea if these are the generational bottom but frankly they could be.
MEXC:TAOUSDT TAO
BINANCE:BNBUSDT BNB
OKX:OPUSDT OP
BINANCE:NEARUSDT NEAR
BINANCE:AVAXUSDT AVAX
BINANCE:JUPUSDT JUP
CRYPTO:WIFUSD WIF
- Robinhood + Coinbase wombo combo listing
Always be pitting your favorite altcoin vs btc or vs the native chain token the coin is on. Like PEPEETH or BONKSOL etc.
Oftentimes the true bottom or the major turning points present themselves once the ratio pair charts begin to reach key levels of support or resistance. Study and track diligently.
Some alts have already had an initial push up probably taking out some short liquidations. The key is looking for the laggards and the bull divergences.
BTC/USDT - Rising Wedge Breakout - H4 ChartThe BTC/USDT pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Rising Wedge Pattern. This suggests a shift in momentum towards the downside in the coming Days. BINANCE:BTCUSD
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 93,400
Target Levels:
1st Support – 84,600
2nd Support - 78,210
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
BTC showing weaknessBTC is showing some weakness just below the $100k target. The trend is still intact however there are signs of divergence that suggest that we are close to a top. Probability suggests that getting into fresh longs at these levels is risky. Focus on the break of trend and the change of character.
A rercurring Topping Pattern - Take (partial) Profit?What's this?
..just a Pattern.
..a recurring pattern.
..a very similar, recurring pattern.
So what is this post good for?
Maybe just a heads-up?
Or just that you can roast me to point out that BTC is stretched, and has a high chance of pulling back or even going South.
However, be happy, not angry §8-)
MicroStrategy Acquires 55,500 BTC More Amidst Market Intrigue MicroStrategy, the leading corporate Bitcoin holder, has once again made headlines, acquiring an additional 55,500 BTC for a staggering $5.4 billion between November 18 and 24, 2024. This brings their total holdings to 386,700 BTC, purchased at an average of $56,761 per Bitcoin. As the fourth-largest Bitcoin holder globally, trailing only Satoshi Nakamoto, Binance, and BlackRock, MicroStrategy continues its unwavering commitment to its Bitcoin Strategy, a vision initiated by co-founder Michael Saylor in August 2020.
Fundamental Analysis
MicroStrategy’s strategic Bitcoin accumulation has solidified its position as a market leader in institutional crypto adoption. This most recent purchase represents a 35.2% quarter-to-date (QTD) and 59.3% year-to-date (YTD) BTC yield, outperforming most traditional financial assets. The market has responded favorably:
- MSTR stock surged 6%, indicating investor confidence in the Bitcoin-centric approach.
- The company briefly entered the top 100 publicly traded US companies**, showcasing its growing influence.
- Speculation is rife regarding its potential inclusion in the **Nasdaq 100** during the annual re-ranking announcement on December 13.
In comparison, MARA Holdings, the second-largest Bitcoin-holding public company, remains significantly behind, with only 33,875 BTC. MicroStrategy’s aggressive approach has redefined corporate investment strategies, further legitimizing Bitcoin’s role in financial portfolios.
Speculations Around Satoshi Nakamoto
Adding intrigue to Bitcoin’s narrative, researchers from BTCparser have unearthed a conspiracy theory involving wallets attributed to Satoshi Nakamoto. These wallets, inactive since 2010, allegedly began liquidating BTC in November 2019, selling $176 million worth in November 2024 alone. The theory speculates deliberate profit-taking while maintaining anonymity, fueling debates about Bitcoin’s creator’s involvement in the market.
Technical Analysis
At the time of writing, Bitcoin is trading 3 lower, consolidating within a falling trend channel. This phase may signify temporary weakness or a precursor to a significant breakout.
Key technical insights:
- Support Levels: Immediate support exists in the $90,500–$94,700 range, with $85,000 acting as a critical fallback if bearish momentum strengthens.
- Resistance Levels: Breaking $100,000 could trigger a rally into uncharted territory, testing market resilience. Supply dynamics will likely determine if this milestone results in a price squeeze or continued upward momentum.
- Indicators: Bitcoin’s RSI and moving averages suggest mixed signals, reflecting consolidation. However, the formation of a Falling wedge pattern hints at potential bullish reversal.
If Bitcoin breaches $100,000, we predict a rapid ascent to $180,000, supported by increasing demand from institutions and retail investors alike. However, failure to hold key support levels could lead to corrections toward mid-$80,000, signaling potential accumulation opportunities for long-term holders.
Market Outlook
The intersection of MicroStrategy’s aggressive accumulation, evolving narratives around Satoshi Nakamoto, and Bitcoin’s technical positioning paints a compelling picture. While Bitcoin faces near-term volatility, the long-term trajectory remains bullish, with institutional adoption and mainstream interest fueling its rise.
As Bitcoin flirts with the $100,000 milestone, the question is no longer if but when it will redefine its historic peak. Amid speculation and strategic accumulation, Bitcoin continues to solidify its status as the apex asset of the digital economy.
Will Bitcoin reach $100,000 before year-end, or will resistance levels delay the inevitable? Stay tuned.
GMX Long Spot Trade (Accumulation Breakout)Market Context:
GMX is exhibiting signs of accumulation exit, with price action hinting at a potential breakout. A sustained move above $30, followed by a successful retest of this level as support, could confirm continuation toward higher targets.
Trade Setup:
Entry Zone: Around support at $30.00
Take Profit Targets:
First target: $40.00
Second target: $49.50
Third target: $70.00
Stop Loss: Daily close below $25.00
This trade capitalizes on the breakout potential and a confirmed support flip for a strong upward continuation. Keep an eye on volume to confirm breakout strength.
Bitcoin Correction Started!?Bitcoin ( BINANCE:BTCUSDT ) started pumping again today with the help of the following two News :
1-Chinese Court Declares Bitcoin and Crypto Ownership Legal.
2-Trump Plans White House Crypto Advisor Role.
These days, Bitcoin is more influenced by the news than before.
Bitcoin managed to break the Important resistance lines with the help of the above news .
Since Bitcoin does NOT have a previous price history at current prices , its analysis is associated with challenges, but I will try to analyze it for you with technical analysis tools and other parameters .
Bitcoin reacted well to the new Potential Reversal Zone(PRZ) .But Bitcoin could not touch the magic number of $100,000 ; one of the reasons for not touching this number is many sell orders that were exactly on the number of $100,000.
According to the Elliott wave theory , Bitcoin has entered five new impulsive waves after breaking the important resistance lines. It completed the main wave 5 .
It seems that we can wait for Bitcoin correction waves .
In terms of Classic Technical Analysi s, Bitcoin seems to be completing the Bump phase and entering the Run phase of the Bump-and-Run Top Pattern .👇
It also seems that USDT.D% ( CRYPTOCAP:USDT.D ) will have an upward trend , which can cause Bitcoin correction .
I expect Bitcoin to attack the lower line of the ascending channel after approaching the Resistance zone($97,642-$97,180) .
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
⚠️ Note: If Bitcoin goes above $98,700, we can expect it to touch $100,000. ⚠️
⚠️ Note: Bitcoin can start to rise again from the lower line of the ascending channel. ⚠️
⚠️ Note: We should expect a deeper correction if Bitcoin goes below the Support zone($95,600-$92,000) and breaks the lower line of the ascending channel ⚠️
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.
BTCUSD rejected before $100k. Don't panicAt the start of this month, BTCUSD was sitting below $70k. Look where we are now.
Lets see if BTCUSD will hold this 1H candle trendline. If we break below, we'll observe whether the top level of support from the last 2 weeks holds.
If we don't succeed in holding the orange level, we can see BTCUSD come back down to 86k-93k and accumulate some more before coming back up to break 100k.
& believe me when I say it, we are going to break 100k and more.
BITCOIN | MACRO OUTLOOK | Top is IN | ALTCOINS SHINEI've been risking my opinion for the better part of a year, saying that the ATH is stilllll coming. Now, it's time for me to choose my trades again; and I'm choosing to take my profits here.
Here's a replay of an entire year's worth of BTC updates, incase you want to verify😉:
The next thing I'm looking at is the continuation of Altseason , because the TOTAL3 chart peaks AFTER the BTC high. I touched a little bit on this mechanic here; but I think I'll do another update on that in coming days.
After alts top-out, for BTC bounce zones I'll consider the moving averages, Elliot wave corrective theory, and previous resistance zones as new bounce zones. But this is near term, not short term.
Stay tuned!! Cheers to the believers 🥂
________________
COINBASE:BTCUSD
Bitcoin: Is the Psychological Barrier of $100,000 Within Reach?Bitcoin: Is the Psychological Barrier of $100,000 Within Reach?
Bitcoin continues its impressive rally toward the psychological barrier of $100,000, driven by both fundamental and psychological factors. The rise in its value is supported by growing adoption, institutional investments, positive market sentiment, and key developments within the cryptocurrency ecosystem.
Adoption and Acceptance
Bitcoin’s growing acceptance by businesses, financial institutions, and individual users is increasing its utility and value. As more entities begin to accept bitcoin as a form of payment, demand naturally rises, solidifying its position as a viable medium of exchange.
Institutional Investments
One of the primary drivers of bitcoin’s growth is the involvement of large institutional investors such as hedge funds, investment firms, and corporations. Their entry into the market significantly boosts liquidity and builds confidence in the cryptocurrency, attracting smaller retail investors in the process.
Planned Regulatory Changes and Strategic Reserves
Future President Donald Trump’s proposals to establish strategic reserves in bitcoin and introduce cryptocurrency-friendly regulations could be game-changing for the market. Such measures are likely to attract new market participants, driving demand and increasing bitcoin’s value.
Media and Market Sentiment
Positive media coverage, endorsements from influential figures, and expert analyses play a crucial role in shaping market sentiment. Media narratives have a substantial impact on perception and can amplify investor interest, fueling price increases.
Technological Improvements
Advancements in blockchain technology and updates to the bitcoin network are improving its efficiency, security, and scalability. These innovations make bitcoin more appealing as an investment asset, contributing to its rising value.
Macroeconomic Factors
Global economic uncertainty, inflation, and the weakening of traditional fiat currencies are pushing investors toward alternative assets. Often referred to as “digital gold,” bitcoin is increasingly viewed as a hedge against currency devaluation and a reliable store of value.
The 2024 Halving
This year, bitcoin underwent another halving – the process that reduces the reward for mining new blocks by half. This reduction in new supply, coupled with sustained or growing demand, has historically led to price increases, and the current cycle appears to be following a similar trajectory.
Infrastructure Growth and ETFs
The cryptocurrency market’s infrastructure is rapidly evolving, making bitcoin more accessible than ever. The growth of exchanges, cryptocurrency wallets, and inflows into bitcoin-based ETFs are driving demand and strengthening the market.
Seasonality and an Unstoppable Trend
Seasonality is also working in bitcoin’s favor. Historically, the final months of the year often see strong performance in the cryptocurrency market. The current upward trend seems difficult to halt, and breaking through the $100,000 level appears to be only a matter of time.
Conclusion
Bitcoin remains one of the most dynamic assets on the market, drawing interest from institutional and retail investors alike. The combination of fundamental, technological, and macroeconomic factors suggests that the rally toward $100,000 could not only materialize but also set the stage for further gains.
Will bitcoin surpass this symbolic threshold, or are there still hurdles ahead? Share your thoughts in the comments.
NEAR SWING LONG OPPORTUNITY - NEAR ProtocolNEAR is one of the strongest blockchains in crypto. The network has proven itself by being around for over four years and is currently among the top 20 coins by market cap. It’s also a project I follow closely and look for trading opportunities with.
Technical Analysis: Price recently hit the monthly demand zone, sweeping daily equal lows without closing below. This indicates a liquidity grab through a wick and a subsequent break of the bearish trendline responsible for months of downtrend. Additionally, a weekly demand zone was created as the weekly structure shifted to bullish during the breakout.
Currently, price is within the weekly demand zone and is at a discount level in the optimal trade entry area, within the Fibonacci golden pocket.
I’ll be opening some swing positions here, targeting the first bearish upper trendline and, ultimately, the weekly swing high as marked on the chart. Stop loss is set below the monthly demand at 2.350.