Bitcoin Update !!The BTC/USDT chart shows that Bitcoin has returned to its all-time high range, approaching a crucial resistance area around $72,000 – $73,000.
Bitcoin has reached the historical resistance level, marked by the orange line. This area has triggered retracements, indicating that BTC may face selling pressure.
The red arrow indicates a potential pullback scenario if BTC fails to break and hold above this resistance. In this case, BTC could retrace towards the $64,000 level or lower support areas within the descending channel.
If BTC successfully breaks this resistance with strong volumes, it could confirm a bullish continuation toward new highs. Rejection could signal consolidation or a downward correction.
Monitor any breakout or rejection signals around this resistance area to anticipate BTC’s next move.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Btc-e
BTC MAJOR CYCLE TOP ALMOST IN?!
After Bitcoin (BTC) finally broke key resistance after 228 days, there is an opportunity to achieve a new all-time high (ATH), which I estimate could reach between $86,000 and $91,000.
The current structure of BTC indicates that we are in an ending diagonal, suggesting that we are approaching the end of the current bullish trend, which has lasted for 708 days and is expected to continue for another 70-90 days.
Fibonacci Targets fpr major top!
Assuming we are indeed in the final wave, Fibonacci targets between -0.236 and -0.382 (based on waves 2 to 3) may come into play, unless this wave becomes extended. Given the current structure, these levels appear achievable within the ongoing cycle.
Expected Correction and reversal trend
After reaching these targets, I anticipate a significant decline, with a final target between $30,000 and $40,000. My main target is the golden pocket(0.618 fib), but BTC often extends to the .786 fib level ($30,000), further supporting the possibility of larger corrections.
Reasons for Trend End
Ending Diagonal: BTC is currently in an ending diagonal formation, which typically signifies the end of the prevailing trend.
Divergence: There is a substantial bearish divergence forming on both the daily and weekly timeframes, which is almost impossible to invalidate. This divergence serves as a critical indicator of weakening momentum in the current bullish trend.
Conclusion
In light of current developments, BTC appears to be nearing a key peak, and the outlook for growth remains positive. However, traders should remain cautious and monitor key resistance and support levels, considering potential corrections that may follow after reaching these important Fibonacci targets.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital.
BTC OTW TO NEW ATH!!BTC Finally Breaks Through After 228 Days! 🚀
After a long wait of 228 days, BTC has finally broken a key resistance level, launching an intense push that’s got its sights on breaking the all-time high! The market is looking incredibly bullish, and I firmly believe the momentum will stay strong over the next 70-90 days. My short-term target for this run is $74-75k. After reaching this level, I anticipate a retest of the previous resistance to confirm a flip into support. Once that’s in place, the next target is a major push towards $84k-91k!
Some correction may follow, but I’ll share more on that in my next update. For now, let's ride this bullish wave! 🌊💪
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital.
$KAS is KASPA finally AWAKE??? TP: $0.19 ; $0.225 ; 0$0.27CRYPTOCAP:KAS is KASPA finally AWAKE???
I'm giving you a full map for KASPA, The treasure has just been hidden.
Hehe everyone started fudding our boy KASPA. I just went long.
Entry: 0.11192
Looks like the bottom is in or very close.
You will never again going to get as risk free entry as this. DYOR.
High leverage not recommended, USDT.D might get bouncy anytime soon. Also USDT.D Lost Weekly 200EMA therefore BullRun STARTED.
Additional indicator to be used after the ATH update(StErr Line)
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(BTCUSDT 1W chart)
Since it has not risen above 73777.0, it has not yet updated the ATH.
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(BTCUSDT 1D chart)
If the price maintains above 71280.01, it is expected that there will be an attempt to update the ATH again.
From the current price position, it seems that it will have to fall below 67414.39-68393.48 to turn into a short-term downtrend.
However, if it falls below 70148.34, I think it is necessary to take preemptive action to split it.
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When the ATH is renewed, it is like being in an unknown world, so it is difficult to predict with chart analysis.
Therefore, in order to know the movement after the ATH is renewed, you have no choice but to use various indicators or chart tools to predict.
For this, the Linear Regression Channel that I mentioned earlier was explained.
Today, I will explain the StErr Line indicator, which is newly added to the HA-MS indicator.
The StErr Line indicator (Standard Error Line) is the baseline of the indicator that forms a band using the Linear Regression formula.
If the price is above the StErr Line indicator, it is likely to continue the upward trend, and if the price is below, it is likely to continue the downward trend.
You can use the StErr Line indicator together with the BW (0) and BW (100) indicators to determine the trading point.
The BW (0) and BW (100) indicators are generated when the BW indicator in the auxiliary indicator touches and breaks away from the 0 or 100 point.
Therefore, it allows you to identify the low or high point range.
The Linear Regression Channel or StErr Line indicator is a tool for chart analysis, but if you use it with support and resistance points, you can use it to create a trading strategy.
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Have a good time.
Thank you.
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- The big picture
It is expected that the full-scale uptrend will start when it rises above 29K.
The next expected range to touch is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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$BTC.D Hits 60% - What's Next?CRYPTOCAP:BTC has pumped over 10% the last few days which sparked Bitcoin Dominance to reach the long awaited 60% milestone.
Depending on how strong the weekly close is, CRYPTOCAP:BTC.D could reach as much as 65% before Alts start to play catch up.
1 week away until the US Presidential Election, with the following day FOMC bringing another round of rate cuts.
Things could get wild real fast. Buckle up!
$BTC UPDATE: breakthrough confirmation, finally!CRYPTOCAP:BTC has finally broken out of its descending wedge channel! I’ve seen people claim otherwise, but they’re wrong! Both the daily and hourly charts confirm the breakout, and CRYPTOCAP:BTC is now sitting above the descending trendline, using it as support.
What’s next?
The most likely scenario is a correction to around $65.5k before a push to $71k. A new rising wedge pattern has formed, and we’re currently at the top, which is acting as resistance. The MACD is also hitting a top resistance level, and the RSI is at 63, signaling it's overbought and needs to reset. There’s also an RSI bearish divergence on the daily timeframe that needs to play out.
All these factors point to a small pullback, reintegration into the rising channel at $65.5k, followed by a breakout and consolidation around $70k.
However, another scenario could unfold. With Trump almost certain to win the election, investors may already be positioning for a pump. This could cause an anomaly, pushing CRYPTOCAP:BTC directly to $71k without consolidation, driven by FOMO. In this case, we’d see a pump to $71k and then consolidation between FWB:65K and $71k until the MACD and RSI reset lower.
Let’s see how it plays out—Sunday afternoon should set the tone for the week ahead.
BITCOIN turns parabolic every time the ATH breaks.Bitcoin is testing March's ATH today and history has shown that when broken at this stage of the Cycle, the trend explodes parabolically upwards.
That was the case on the week of November 30th 2020 ATH test. The price pulled back next week but the one after it started an aggressive multi month rally to the 1.618 Fib.
This is the time to buy BTC again and potentially target 190000 by the end of 2025.
Follow us, like the idea and leave a comment below!!
$MATH at the crossroadsNASDAQ:MATH doesn't always respect trends and has even broke through them before without much fanfare. It has been idle for awhile now and converging on decision time. If it breaks down, I do not expect it to go lower than my green buy box. However, if it breaks up, I do think it will hit some nice take-profits. Dream scenario is the end of my zig-zag line. Lol.
$BTCUSDT Bouncing from Demand Zone – Eyes on $75KBINANCE:BTCUSDT Bouncing from Demand Zone – Eyes on $75K with Strong ETF Inflows!!
After a significant uptrend, CRYPTOCAP:BTC experienced a healthy correction, finding support at a key demand zone. The current bounce from this level, marked by a bullish candle, signals a potential shift towards upward momentum. Volume is steadily increasing, which further strengthens the case for a continued move higher.
Additionally, there’s a notable rise in MARKETSCOM:BITCOIN ETF inflows, adding more fuel to the current rally. This confluence of bullish factors sets the stage for BTC to reach new highs, with $75,000 being the next major target on the horizon. Traders should watch for sustained volume and momentum as key indicators of this breakout.
BTCUSD: Will it make new All Time High or get rejected?Bitcoin turned overbought on its 1D technical outlook (RSI = 71.973, MACD = 1675.300, ADX = 39.493) as it is on the 4th straight bullish day, approaching the 73,800 All Time High. The rise is being charged by the 1D Golden Cross formation two days ago and with the 1W time-frame still far from being overbought, we can see this bullish trend extending. If it breaks the ATH, we expect a slower ascend to 80,000 but if the price is rejected on the ATH level, we may see a new test of the 1D MA50 (TP = 67,500) so that the market tests the buying strength once more before breaking the ATH.
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BTC Trend Shifting ? and ask about your altcoin analysisBTC / USDT
Quick summary :
190 days have passed since the BTC topping in march 2024 at 73k
Since that moment BTC was trading in downtrend with LH and LL
What we can see in chart :
finally we can start seeing serious bullish signals
1- First Higher low in 6 months
2- Triple bottom formation in RSI indicator
What I wait and expect for next ?
I think we can produce HH soon then a small final correction and after that UP ONLY
Invalidation:
Lose the current HL and continue again in LH and LL
You can ask about your fav altcoin analysis in comment section below and I will try to reply all… Ask for 1 altcoin and write complete symbol (ex: BTCUSDT)
Bitcoin - Gearing Up for NEW ATHBitcoin is showing a sudden increase in momentum, and the pattern I was watching has played out successfully after the last update:
Ultimately, the playout I have been talking about for MONTHS were as follow:
And this is the recent chart data on that exact idea:
I'm happy to finally see everything come together - it took some patience though!
Finally - impulse wave 4-5 (Elliot wave Theory) is in play! From here, we can expect ETH to gradually creep along, and when BTC trades sideways ETH and other top10 market cap alts will make gains. Find more on that, here:
When ETH stalls (and BTC even retraces a little) that's when the smaller cap altcoins will shine.
Cheers to another ATH 🥂🍻
_____________________
OKX:BTCUSDT
Bearish ThoughtsLooking at the log regression, it dawned on me that every time that BTC has come down to the bottom of the red channel, it usually didn't have the juice to pop back up.
I think 33k might be in play, top of the blue channel.
Alternatively, bouncing off here can save the bullrun. But in this global climate? I'm not so sure.
Holding steady, but cash ready.
BTC is still maintaining a very STRONG BULLISH momentumHello traders,
As i analysed before, the BTC price went to our favor and went bullish hitting targets on the 1H and 30mn charts anfter making some corrections and pullbacks. the BTC is approaching a previous Monthly level of 73907 where price may get rejected and go back to a LH monthly level of 71591 giving short trades opportunities. But if price breakes the 73907 we definitely gonna reach the $90000 level next month as the overall direction and trend is bullish and price was just making corrections the previous weeks accumulating momentum to a strong bullish move.
Keep watching and seize the opportunity.
Good luck
BTC will touch its ATH soon!BTC in daily timeframe is approching to its ATH at 73853 and I think it will touch ATH very soon.
At the moment we are inside of a Bullish minor structure that being created in a Bullish major structure and its telling us that BTC is going to pump!
You can see how i drawed #TrueSMC Structure for that and you can update it on your chart to know which prices are good for buying more.
SEI Long Spot Trade (CHoC & Support Flip)Market Context: SEI’s recent price action is suggesting a potential reversal with a Change of Character (CHoC) confirmed by a higher high and a retest of the $0.35 resistance as support. A reclaim of the 200 EMA as support would add strength to the upward continuation outlook.
Trade Setup:
Entry: Around $0.40
Take Profit:
First target: $0.63
Second target: $0.89
Stop Loss: Daily close below $0.34
This setup is positioned to capitalize on the momentum shift, with upside targets aligning with higher levels if support holds. #SEI #Crypto #Trading
BITCOIN RESISTANCE AHEAD|SHORT|
✅BITCOIN broke the falling
Resistance line just as I predicted
And we are bullish biased mid-term
However, the coin is locally overbought
So after it hits the horizontal resistance
Of 74k$ we will be expecting a local
Bearish correction
SHORT🔥
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MYRO Long Spot Trade (Structure Shift & Support Flip)Market Context: MYRO has reclaimed the $0.10 level, flipping former resistance into support and signaling a structure shift to the upside. This provides a solid entry zone with a favorable risk-to-reward ratio as the setup targets mid-range and higher levels.
Trade Setup:
Entry: Around $0.11
Take Profit:
First target: $0.16
Second target: $0.22
Third target: $0.26
Stop Loss: Daily close below $0.09
This setup capitalizes on the structure shift with targets aligning with key levels. #MYRO #Crypto #Trading #SupportFlip