BTC
BTCUSDT - 17th January📉 BTC/USDT at a Crossroads – Bullish and Bearish Scenarios 📈
Bitcoin is currently navigating a critical decision point, as uncertainty looms over the completion of Wave 4. Here’s a breakdown of the potential outcomes:
🔑 Bullish Path:
If Wave 4 is complete, BTC is poised for a breakout above the $103K resistance level.
Target Zones for Wave 5:
🎯 Target 1: $121K
🎯 Target 2: $129K
A confirmed breakout above $103K would signal the start of a rally toward a new all-time high.
🔻 Bearish Path:
If Wave 4 remains incomplete, BTC might still be forming a triangle or bull flag, which suggests another leg downward.
Possible Downside Levels:
📌 FWB:88K to $86K
This would likely mark the final accumulation phase before BTC resumes its climb toward the all-time high.
🎯 Current Outlook:
The $103K level is the key to determining Bitcoin’s next move:
A breakout confirms the bullish scenario.
A rejection signals potential downside.
📊 Conclusion:
Bitcoin’s path hinges on resolving Wave 4. Until confirmation emerges, traders should exercise caution and prepare for both bullish and bearish scenarios when planning trades or investments.
Disclaimer:
⚠️ This is not financial advice! Always conduct your own research and trade responsibly.
BTCUSD Daily Inflection Point UpdatePreviously I mentioned the weekly was consolidating, but there is potential for this momentum consolidation to have a breakout leg as momentum shifts and the final emotional price movements are played out. I was too conservative in my price projections; a lot more than I used to be- but there wasn't a whole lot of TA involved- I figured the dollar issues would crop up earlier.
Now that the Fed had pivoted. the yields are creeping back up pushing bitcoin back down. The fed doesn't let on just how dire the situation is- and with global tensions rising, the dollar is at significant risk.
I expect a broad correction in all the markets- and cash to become very tight.
There is daily momentum consolidation- and if any other events occur that send yields upward- bitcoin is likely to suffer as a consequence. If instead we sail into the new year unscathed- then this consolidation may provide another leg up; but a break below 88k and a push towards 60k may solidify bitcoins correction.
DAILY
WEEKLY
XRPBTC This is how you can play XRP's strength.The XRPBTC pair is rising parabolically since November as XRP has been massively outperforming Bitcoin.
This 1week chart shows the pair's price action since August 2013 and that is somewhat a Rectangle.
Even though the price has only crossed the 0.5 Fibonacci level twice in 5 years before this week, it appears that the double bottom formation can alter that and with incredibly strong fundamentals for XRP, bring it back to the glory days before 2017.
A sound trading plan would be to keep buying XRP until the pair reaches the 0.786 Fibonacci level, where historically it has been a good level to sell and switch to BTC.
Four times BTC regain its strength and outperformed XRP there.
Even though it can go higher, it is worth the risk selling XRP and buying BTC on the 0.786 Fib, all the way to at least the 0.382 Fib if not 0.236.
In times of clear trends, paying attention to this pairs can be enormously profitable.
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BTCUSD: Blast from the past targets $107,000Bitcoin is having a strong 3 day rally but despite the aggression, its 1D technical outlook only just now turned bullish (RSI = 56.345, MACD = -95.200, ADX = 24.772). This shows the strong bullish potential that this wave still has and in fact, based on the 1D MACD, it is mirroring so far the March-May 2024 pattern. The presence of the LH trendline in the past supressed the price until the 1D MA50 was crossed and the bullish breakout almost touched the R1 level. Right now the new R1 is being tested so if crossed, we will be expecting a near test of the current R1 level (TP = 107,000).
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#XAUUSD DAILY ANALYSISDue to the buyer power that caused the micro-wave 4 correction to turn into a triangle... we have updated the chart again on the daily time frame... so that you are aware of the future events of #GOLD
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Bitcoin - This Month Will Decide Everything!Bitcoin ( CRYPTO:BTCUSD ) is still rather bullish:
Click chart above to see the detailed analysis👆🏻
In December of 2024, we saw a little pause during the overall bullish crypto bullrun, which was actually quite expected after the recent rally of about +500%. This could still turn into a false breakout, but since everything looks rather bullish, new all time highs are much more likely.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
BTC Turned Bullish. MID-TERM 6-12 monthsHi everyone.
I think BTC is turned Bullish after the last fall. Sorry that the explanations on the chart are in Turkish. If someone wanted I'll translate them into English. Otherwise, just by a little knowledge of TA, you can understand what I mean on the chart.
Give my your opinion.
Regards!
AKT Long OpportunityMarket Context:
AKT's positioning in the AI and DePin narratives makes it a strong contender for upside potential amidst increased market volatility. Currently, AKT is holding at a critical support level with significant trading volume. The favorable PPI and CPI readings may further fuel bullish momentum across altcoins.
Trade Details:
Entry Zone: Around $2.9
Take Profit Targets:
$3.20
$3.73
$5.00
Stop Loss: Below $2.60
This trade capitalizes on AKT’s dual narrative positioning and current technical setup, providing a favorable risk-to-reward opportunity. 📈
From Bear Trap to Breakout: Bitcoin RoadmapBitcoin ( BINANCE:BTCUSDT ) started to rise again( with a high momentum )
yesterday after failing to break the Heavy Support zone($93,400-$90,000) ( Bear Trap formation).
Educational Tip: Its quick return after exiting the Heavy Support zone($93,400-$90,000) with high volume was one of the signs of a bear trap.
Regarding Elliott wave theory , it seems Bitcoin successfully completed a Zigzag Correction(ABC/5-3-5) yesterday and is currently completing the next five impulsive waves . Likely, Bitcoin is still in correction waves .
I expect Bitcoin to start correcting from the Resistance zone($100,000-$98,080) , 50_SMA(Daily) , and Monthly Pivot Point and start to rise again from the Potential Reversal Zone(PRZ) and attack the Resistance zone($100,000-$98,080) .
⚠️Note: If Bitcoin breaks the Heavy Support zone($93,400-$90,000), we should expect a fall with high momentum (it is unlikely that another Bear Trap will be created).
⚠️Note: If Bitcoin goes below the Potential Reversal Zone(PRZ) , there is a high possibility that Bitcoin will break the Heavy Support zone($93,400-$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.
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BTC - 15m Short Scalp opportunityAs BINANCE:BTCUSDT approached the $100K resistance zone, bullish momentum faded, leading to a breakdown below the ascending channel support trendline.
Currently, BTC is forming a bearish flag, with favorable liquidity under the minor support zone. This suggests a potential drop toward the GETTEX:97K zone, aligning with the next key support area.
Complete analysis of Bitcoinhello friends
We came with Bitcoin analysis.
After a strong rising wave, we entered the channel phase and entered the correction phase with a falling pattern at the ceiling.
Now we have identified for you the first identified support that we expect to reach there.
If the support range is maintained, we will go for a new ceiling, but if the range is validly broken, we should expect a deeper correction than the 85 range.
*Trade safely with us*
$BTC - 89k is the new 49kBitcoin has deviated below $90k, sweeping the liquidity at $89k.
Was the local low already established, or are we going to sweep the lows again?
Lower-Timeframe Outlook:
On the 30-minute timeframe, will probably range for a while at the current level before its next move.
Key Support Level:
The significant support level that we must hold is around $96.8k to $96.5k if we are expecting a continuation aiming for new all-time-high.
BITCOIN The minimum target of this Cycle is $185kIf you follow us for long, you know that we are very fond of using Fibonacci levels on Bitcoin (BTCUSD) Cycles in order to project future tops and bottoms. Today is one of those analyses, in fact it is a strong variation of the following Inverse Head and Shoulders call:
As you can see, that was based on the condition that BTC would make a first hit and rejection on the 0.786 Fib retracement and then (as it happened on the previous Cycle) would go for a Cycle Top on the 2.0 Fibonacci, which gives us a $165k Target.
Since the 0.786 Fib never really offered the rejection of the previous 3 Cycles, we are introducing a variation model with new parameters.
We take the Fib extension from the bottom of each Cycle to the moment it made contact with the 1W MA50 (blue trend-line). As you can see by applying these conditions, every Cycle since BTC's inception has hit at least the 5.0 Fibonacci extension, with all Cycles in fact making a perfect Top there with the exception of 2017, which even exceeded it.
As a result, we can claim that this Cycle will have a minimum peak at $185000.
How realistic do you think this is for the 'bad case scenario'? Feel free to let us know in the comments section below!
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Back to 108K ?Welcome back folks,
Only on Thu we talked about bearish scenario and 85K target and now we have to turn everything from top to bottom.
Not occasionally on Thu we warned about weekly bullish grabber pattern and called to not take any fresh shorts, but keep existed ones. What's now?
Now our H&S stands in a process of failure, which means price has good chances to go back to 108K top, is failure will be confirmed. Besides, on weekly chart we could get 2nd grabber in a row if BTC will close slightly higher.
Price was not able to break the neck line, and just got the stops there.
It means that currently we do not consider any shorts. For long entry we could use intraday Fib levels. First one is 96.35K And see what will happen next.
BITCOIN - MEGA BUBBLE ALERT - The Top Is Very Close Now...Bitcoin and many other markets seem to be approaching the end of a significant cycle, signaling the conclusion of what may be the largest bubble in modern history.
In this video, I share my latest analysis using the AriasWave methodology to explain why I believe this trend, which began in 2008, is finally nearing its completion.
While it’s speculative, I estimate that we could be approaching the final peak by March. The increasingly weaker and more complex structure of this move suggests to me that it’s a fragile impulsive wave, indicating an impending reversal.
Just a quick reminder: AriasWave is not the same as Elliott Wave. I developed AriasWave over an 8-year period with the goal of achieving a more accurate understanding of wave analysis, leveraging modern technology to refine the process.
If you would like to learn more, visit the website.
XLMUSDT → High readiness for a bull run to 0.6100BINANCE:XLMUSDT is ready to move into the realization phase after coming out of a strong accumulation. The market is struggling for a strong buying zone.
The coin, technically, is ending its correction. The price is gradually updating highs and breaking intermediate resistance levels, but the key factor is the exit from the medium-term consolidation and breaking the resistance of the descending channel formed on H4.
If the bulls hold the defense above the key support zone 0.46 - 0.452, we can expect growth in the medium term. In addition, the rising bitcoin and the approaching Trump inauguration can be good drivers for the cryptovalt market.
Resistance levels: 0.486
Support levels: 0.4605, 0.4522
Thus, the focus is on the consolidation of 0.486, 0.46.
A break of resistance will activate the rally. False break of support and consolidation above the level will also be a good signal that the bulls are quite aggressive.
Regards R. Linda!