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
Btclong
BTC/USDT Analysis. Bitcoin is trading within an ascending channel but showing signs of weakness near $95,660. Here's the breakdown:
$90,000–$92,500 remains critical for a potential bounce. A retest of this area could form a double bottom pattern.
$97,500 (minor resistance) and $105,000 (upper channel boundary) are the key targets for any bullish continuation.
A breakdown below $90,000 could lead BTC toward $85,000 or even $77,500 (major demand zone).
Watch for price action near $90,000 for a possible reversal or continuation to lower levels. Volume and momentum indicators will be crucial to confirm the next move.
DYOR, NFA
@Peter_CSAdmin
BTC GOING TO 193000$!!!"These days, everyone’s saying Bitcoin might drop to 74k or even 70k. But I’m here to tell you, whales and big institutions like MicroStrategy, with all their strategies (like the RTM model I showed you), are going to push Bitcoin up to $113k first. It’ll take a small dip there, then rise again to around $117k, followed by another pullback. This cycle will keep going until we hit $193k, and then we’ll see a nice correction.
I really hope my analysis helps, even if it’s not 100% spot on! Don’t lose hope – fiat money is heading for destruction, and only the big cryptocurrencies will survive. Stay positive, take care of yourselves, and remember: health is wealth!"
BTC/USDT Analysis:Bitcoin (BTC/USDT) Analysis:
The green box marks a crucial support level between $90,000 and $92,500.
Historically, this area has acted as a strong demand zone where buyers have stepped in to increase prices.
The price has broken below the mid-boundary of the ascending channel and is currently trading near the lower boundary.
A retest of the green box is possible if the bearish momentum persists.
The green moving average (possibly 200 EMA or similar) is slightly above the current price. This suggests that the price is losing upward momentum and the moving average could act as resistance on any bounce.
The red arrow on the chart indicates a possible move downwards towards the green support zone.
DYOR, NFA
@Peter_CSAdmin
BTC/USDT ! HOUR DESCENDING BROADENING WEDGE LONG TARGET 105KIn this idea I have a clean descending broadening wedge that is about to take off to 105k. Target is clearly marked and should hit that no problem. If you agree throw me a like and follow me for more setups that keep you in the money. Much love - ND
BTC/USDT AnalysisBitcoin has broken down from the rising wedge pattern and retested the breakdown zone, encountering strong resistance from both the Ichimoku Cloud and the 200MA.
Key Resistance: The upper green zone is around $98,000–$99,000.
Support Zone: The horizontal black box around $92,000–$94,000 serves as immediate support.
A failure to hold above this support zone could continue the downtrend, potentially targeting the larger beige demand zone near $78,000–$80,000.
Conversely, if BTC reclaims the green resistance zone, it could invalidate the bearish outlook and push higher.
Overall, the bias remains bearish unless BTC reclaims key resistance levels.
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
BTC Price Predictions for ATHBTC price is bouncing off of strong support at around the 96,600 range, and is likely to bounce back above 100k. It could take a while to consolidate and accumulate a while before heading up further. My prediction is price likely to approach all time highs around the first week of January.
BTC/USDT 4-hour chart analysis. BTC/USDT trades within an ascending parallel channel, respecting the upper and lower trendlines.
Current price: $99,789.68, retracing back towards a crucial support area.
The highlighted green area is around $98,000-$100,000, which acts as the channel’s demand zone and mid-range level.
200 MA (green line): Located near $97,830, providing dynamic support.
Immediate resistance near the upper channel trendline (~$110,000).
Psychological resistance at $105,000, a crucial round-number level.
If BTC maintains the $98,000-$100,000 support area, it is set to bounce towards:
Short-term target: $105,000.
Mid-term target: $110,000, aligned with the upper channel boundary.
If BTC breaks below $98,000, further declines to test $95,000 (lower trend line) are possible.
A breakdown below the channel will invalidate the bullish trend.
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.
@Peter_CSAdmin
BTC/USDT Weekly Chart Analysis. BTC/USDT Weekly Chart Analysis.
A classic bullish reversal pattern has played out successfully.
The structures of the left, head, and right shoulder are perfectly aligned, confirming the breakout above the neckline.
BTC has broken its previous all-time high resistance, pushing above the $100,000 level with strong momentum.
The current sharp rally suggests overextension; a pullback could occur.
Trendlines and Resistance Areas:
BTC has crossed a long-term upward trendline and broken above the resistance area (highlighted in beige).
The breakout signals a shift in price discovery with a possible consolidation or retest.
The 21 EMA (black line) remains well below the current price, confirming bullish strength.
If the momentum sustains, BTC could rise to $120,000-$130,000 in the coming weeks.
The previous resistance area ($80,000-$85,000) could be retested.
This would allow for consolidation before the next leg up.
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.
@Peter_CSAdmin
BTCUSDT 4h-8h long updatelast BTC idea was a succes check it out for reference. we managed to find good support on the SND after some bloody absorption which made me take a nice and easy 2rr trade. it might not seem much to some of you but this is how real trading goes. actual analysis, actual trading rules, actual entry criteria and a good amount of backtest data to back it up. this is what makes a profitable trader. I tried to look for a re-entry on the second SND touch but it didnt match my entry criteria so i sat on my hands.
I'll be looking for new trades now since another big MB was formed which needs to be mitigated ofcourse.
BTC Breaks Crucial 101,000 BarrierA green candle has closed above the crucial 101,000 price level, as established by Fib levels.
This comes after a minor pullback that was rejected from the 97,000 with a bullish engulfing candle. This means that there's enough buying power for the price to be rejected at this range, and continue trend upwards.
The Stochastic RSI is also signalling a strong bullish trend.
BITCOIN UPDATE. the lower channel boundary and 100-MA support hold, Bitcoin could resume its uptrend towards the $104,000-$106,000 range. However, a breakdown below $96,500 on the broader chart could test support near $92650 or even the 200-MA.
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.
@Peter_CSAdmin
BTC/USDT Weekly Chart Analysis!!Bitcoin is trading within a broad bullish structure on the weekly time-frame, following a breakout from a key long-term resistance level. The Ichimoku Cloud and moving averages provide insight into trend strength and key support areas.
BTC recently broke a long-term resistance (~$76,000). The chart suggests a possible retest of this level to confirm it as new support.
Bitcoin remains above the Cloud, indicating a continuation of the bullish trend
The Tenkan-sen and Kijun-sen are moving upwards, supporting the momentum.
Increased volume around the breakout zone confirms the upside move. Keep an eye on any spikes during the retest.
Immediate Support: $95,000 (local structure).
Key Retest Area: $76,000 (former resistance).
Short-term Target: $105,000.
Key psychological barrier: $120,000.
A successful retest of the $76,000 area could lead to a move towards $105,000, with the next target being $120,000.
Failure to hold above $76,000 could lead to a return to lower support at $65,000-$60,000.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated on market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
BTC Long ideathe last BTC was a little bit ago sorry for the wait, there havent been many opportunities for good rr trades since last time i posted. however now there is. This 8H zone is perfect to continue the long trend of btc with very minimum risk and a lot of potential profit if you trail your stoploss well. i will be looking for confirmation in this 8H SnD with a rather tight SL hoping for at least 1:5 rr to the target, from there i will take a hefty portion off and trail the remaining position. i have developed my own entry criteria and you guys should aswell. if you havent yet developed your own, i highly recommend you do so through thorough back and front testing.
anyways hope you guys like the idea and take the trade with me, let me know if you do end up taking it ;)
WELCOME TO 100K BTCUSD.Welcome to 100K BTCUSD!
You’ve just witnessed an incredible milestone in this market.
A beautifully executed trade that delivered results: TP HIT with an impressive +4800 points.
Risk-reward ratio stands strong at 3R—proving the power of patience and strategy.
Here’s to more winning trades and historic moments in the world of Bitcoin!