Get started

Btctechnicalanalysis

BTC GOING UP OR DOWN? 74 OR 124?"Sometimes a person doesn't know whether to laugh or cry about their situation and the future events. Being optimistic is good, and pessimism is full of trouble... In this analysis, on the weekly time frame, Bitcoin is on a trendline, but the MACD and Ichimoku indicators suggest a decline, and the candles are still holding strong on the trendline. Although everything seems uncertain and strange, we must wait... Nevertheless, I am still confident and interested in Bitcoin being bullish, but if a bit more Bitcoin is sold, it will definitely drop. If it is not sold, the catastrophe will be avoided, negative divergence and oversold conditions will occur, and the upward movement will begin. The data still shows that Bitcoin is being accumulated... The UAE, companies like MicroStrategy, El Salvador, and other countries and financial institutions are accumulating, but small retail investors are selling. So, we wait for the next developments. Target: $74,000 or $124,000."
by khosrooparviz
2
Bitcoin in 2024: Key Trends, Recent Developments, and Future OutBitcoin in 2024: Key Trends, Recent Developments, and Future Outlook H ello, Bitcoin, the world’s first and most prominent cryptocurrency, continues to dominate the digital asset landscape in 2024. Amid a rapidly changing environment shaped by regulatory updates, technological advancements, and shifting market dynamics, Bitcoin remains at the forefront for investors, institutions, and blockchain enthusiasts. Here, we explore the key trends, recent developments, and risks influencing Bitcoin’s journey. Market Trends and Sentiment Bitcoin’s performance in 2024 has been marked by volatility and resilience. Following a period of price consolidation in 2023, renewed interest in Bitcoin has surged this year, fueled by macroeconomic factors like inflation concerns, geopolitical tensions, and increasing institutional adoption. This renewed focus propelled Bitcoin to a new all-time high of over $103,000 in December 2024, reflecting both strong demand and fluctuating investor sentiment. The bullish outlook is largely driven by institutional adoption. Major financial institutions have expanded their Bitcoin offerings, including exchange-traded funds (ETFs), custody solutions, and Bitcoin-backed loans. The U.S. Securities and Exchange Commission (SEC)’s approval of several spot Bitcoin ETFs earlier this month has been a game-changer, attracting traditional investors and enhancing Bitcoin’s accessibility. Conversely, bearish sentiment arises from persistent regulatory uncertainties, particularly in the United States, where stricter scrutiny of exchanges continues to cast a shadow over the market. Regulatory Landscape Regulation remains a pivotal yet contentious aspect of Bitcoin's growth. In 2024, several countries introduced comprehensive cryptocurrency frameworks, offering much-needed clarity for the industry. For instance, the European Union’s implementation of the Markets in Crypto-Assets (MiCA) regulation has set a benchmark for crypto governance within the bloc, increasing investor confidence. Meanwhile, emerging markets such as India and Brazil have embraced Bitcoin as a tool for financial inclusion, fostering widespread adoption. However, not all regulatory developments have been favorable. The U.S. SEC’s cautious approach has delayed approvals for certain cryptocurrency innovations while increasing oversight on exchanges. This dichotomy between proactive and restrictive regulatory environments will continue to shape Bitcoin’s adoption and growth. Technological Advancements Bitcoin's technological foundations have seen notable progress in 2024, reinforcing its utility and appeal. The Lightning Network, a second-layer solution designed to enable faster and cheaper transactions, has gained significant traction. This technology enhances Bitcoin’s potential to function not only as a store of value but also as an efficient medium of exchange. Sustainability has also become a focal point in Bitcoin mining. Renewable energy now powers a significant portion of mining operations, addressing previous criticisms about Bitcoin’s environmental impact. These advancements reflect a broader industry shift toward greener practices, appealing to environmentally conscious investors. Adoption Trends Bitcoin’s integration into both institutional and retail financial systems continues to deepen. Institutional adoption has reached unprecedented levels, with leading asset managers incorporating Bitcoin into their portfolios and major banks offering Bitcoin-related services. Retail adoption has also grown, with more merchants and platforms accepting Bitcoin as a payment method. The rise of Bitcoin-backed financial products, including derivatives and tokenized assets, highlights its maturation as a financial instrument. Bitcoin’s increasing prominence in traditional finance signals its evolution from a niche digital asset to a key player in the global economy. Recent Developments Influencing Bitcoin’s Price Spot Bitcoin ETFs: U.S. approval of spot Bitcoin ETFs in December 2024 was a watershed moment, enabling easier access for traditional investors and driving Bitcoin’s price to new highs. Regulatory Clarity in Europe: The EU’s MiCA regulations have bolstered confidence among European investors and institutions, fostering a secure environment for Bitcoin operations. Emerging Market Adoption: Nations like Brazil and India have integrated Bitcoin into their financial systems, viewing it as a means of promoting financial inclusion. Geopolitical Instability: Tensions in global markets have reinforced Bitcoin’s role as “digital gold,” attracting investors during times of uncertainty. Sustainability Efforts: Renewable energy adoption in mining has improved Bitcoin’s environmental profile, drawing in environmentally conscious stakeholders. Risks and Challenges Despite its progress, Bitcoin faces significant challenges. Regulatory uncertainty in jurisdictions with restrictive policies remains a key risk. The SEC’s ongoing scrutiny in the U.S. underscores the hurdles Bitcoin must overcome in certain markets. Market volatility continues to deter risk-averse investors, while competition from other cryptocurrencies and blockchain platforms could dilute Bitcoin’s dominance. Security remains another area of concern. While Bitcoin’s blockchain itself is highly secure, vulnerabilities in exchanges and wallets expose users to hacks and fraud. Education on best practices and enhanced security measures will be critical to maintaining trust within the ecosystem. Looking Ahead The future of Bitcoin in 2024 and beyond will depend on its ability to address these challenges while capitalizing on its opportunities. Key developments to watch include further regulatory evolution, ongoing advances in scalability and energy efficiency, and the continued integration of Bitcoin into traditional finance. Bitcoin’s journey from a niche digital asset to a globally recognized financial instrument underscores its resilience and adaptability. As decentralized finance and digital currencies continue to evolve, Bitcoin remains at the forefront, shaping the future of the cryptocurrency landscape. Regards, Ely
BITSTAMP:BTCUSD
by Elysian_Mind
Trading plan for Bitcoin price for Christmas & New Year holidays🎄 Christmas and New Year's holidays are coming up, and we congratulate you on that!) We survived, even earned a little, so thank you for that) Currently, the CRYPTOCAP:BTC price has been stopped on "the verge of a foul", but the holidays will lead to a decrease in business activity and an increase in “manipulative volatility.” So, to follow the behavior of the OKX:BTCUSDT price, subscribe to this idea! A big temptation is to “break the stops” of #Bitcoin, which are hiding below $85k, and an even bigger temptation is to close the GAP on the CME BTC chart in the range of $77-78k. And there are several other options for the development of events by combining the BTC.D and USDT.D indices, but I'm too lazy to write about it yet) ⁉️ But if you are interested in us writing “voluminous reflections”, like at the end of 2022 before the start of super growth with plans for 2023-25, which are working out very well👇 then we need inspiration from you in the form of reactions and comments here and maybe a miracle will happen, the main thing is to believe in it!)
by P_S_trade
4
BTC thesis by Titan_KarmaBitcoin Investment Thesis Market Analysis Bitcoin (BTC) is currently trading at $96,938.18, showing potential for bullish momentum. The recommendation is to OPEN LONG positions, supported by technical and market indicators suggesting upside potential. Key Technical Indicators Stop-loss: Positioned at $95,000.00, providing a safety net against sudden price drops while allowing room for market fluctuations. Take-profit: Targeted at $103,000.00, aligning with recent resistance levels for an optimal risk-reward ratio. Exit Point: Set at $100,000.00, offering a balanced opportunity for securing partial profits before hitting the take-profit level. Confidence Level With a confidence level of 75%, this strategy reflects cautious optimism. While the data supports a bullish move, traders should remain vigilant due to the neutral correlation and market volatility. Correlation with BTC The neutral correlation (0.00) indicates BTC is moving independently, unaffected by broader market dynamics or external asset influences. Position Analysis Open Long Positions: None currently, presenting an opportunity to capitalize on the suggested strategy. Open Short Positions: None, indicating no significant bearish sentiment in the market. Risk Management Strategy Entry should occur near the current price of $96,938.18, with a well-defined stop-loss at $95,000.00 to minimize downside risk. The take-profit at $103,000.00 provides an attractive upside, and the exit point at $100,000.00 allows for partial profit-taking. Maintain flexibility to adjust the stop-loss and take-profit levels based on evolving market conditions. Recommendation OPEN LONG positions near the current price, targeting the upper resistance level at $103,000.00. The neutral correlation and technical setup support this strategy, but traders should monitor the market closely for sudden shifts in sentiment or price action.
Long
by titankarma
Bitcoin, we're testing a correction...Bitcoin, we're testing a correction... Not to scare anyone, testing 3 situations..... on the last developed tool. 1. growth on the last 2 fractal structures is over, so a fall follows and the trend will change, but the older structure allows maximum growth around 118000. 2. a global decline follows around 46/43000 and then 37/36000/ on the current chart. 3. very, very soon we are in for a correction in the 66666 area..... many altcoins will probably make a new low and then a rapid rise - here I am testing a correction following a growth pattern. .... I wrote for the future. ...This is not investment advice. ...If anyone finds my postings useful and wants to thank me, they can always find me in the comments. Disclaimer, the author of this article has not and will not open positions in bitcoins, this article is a way to analyze the price, do not open positions based on the above.
Short
by Trade_Hive_Signals
Bitcoin What to do and where to run to?Bitcoin What to do and where to run to? Friends, don't forget to click like 🚀 under the idea, it's important. Divergence in trading is a multidirectional movement of the price chart and indicator. On the chart, the price of an asset moves in one direction, while the technical indicator that follows it moves in the opposite direction. Divergence warns that the current price trend may weaken and in some cases may lead to a change in price direction. In this case, we observe a double bearish divergence on the 1D timeframe. This is a powerful correction signal. All traders see it, which will logically lead to fixing positions or opening shorts. What will happen next? Two main scenarios now: 1. Sellers are active and as a consequence - local correction and sideways from current values. 2. Sellers are active, but the market maker is pushing prices higher and removing sellers' stops. This will lead to a triple divergence and will further strengthen the sellers. As a result - a powerful correction and trading at the lower levels. At the moment, both scenarios have equal priority and the decision will be determined by the balance of power in the moment. The scales of the market maker may tip to either side. Write in the comments, what is your mood? Do you want to sell or strong hold?
Short
by Trade_Hive_Signals
BTCUSD Correction may Continue Bitcoin briefly dipped below $94,000 earlier this week but recovered strongly, stabilizing around the $100,000 mark by Friday. Despite these mixed sentiments this week, institutional demand remained strong, adding $1.72 billion until Thursday. Bla bla bla! The COO of Indian crypto exchange Giottustold FXstreet that the financial incentive for investors is to support adding Bitcoin to a company’s balance sheet. Bitcoin (BTC) reclaimed the $100K level, trading near $100,100 on Friday after a recent decline earlier this week. The recent pullback in BTC was mostly due to high-leverage traders and some holders booking profits. Despite Microsoft’s rejection of adding Bitcoin to the company’s balance sheet, institutional demand remained strong, recording a total inflow of $1.72 billion until Thursday. Giottus COO Arjun Vijay highlighted the growing financial incentive for companies to adopt Bitcoin on their balance sheets. Bitcoin reaction this week
BITSTAMP:BTCUSDShort
by POWERFUL_TRADERS
#BTC - Ready to pivot and head to 108k In my latest post I mentioned that we might visit 93-95k. Sadly for alt coins that resulted in a massive bloodbath, but fear not, it is a healthy pullback meant to clear leverage, that will fuel the next move on #BTC What's next for BINANCE:BTCUSDT ? 1. After the reaction swing high to 102k price now retraced into the 0.618 zone 2. It also fits perfectly on the fib time zone, and as we've seen in the past, it signalled almost perfectly the reversal in the trend 3. Given the massive sell-off from alts, I believe now it has enough strength to move to the extension zone which is around 108k 4. Based on the impulse we should know if it's just a manipulation or it will continue to go higher Personally I think we should see another sweep from 108k to 90-95k, and only afterwards we can continue higher to 120k What are your thoughts?
Long
by tamastery
5
#BTC - Is the bull run over?Is the bull run over for #BTC? As I mentioned in my last post, I don't think BTC is ready for a more ample correction, only once we reach the extended zone of 105-108k There are multiple confluences that sustain this hypothesis: 1. On the Pitchfork price touched the 1.618 low and rejected 2. All the liquidity was taken from 90-91k 3. There is now more and more liquidity forming above 104k, as people believe that the huge wick sweep signalled a change of character (reversal) 4. Looking at the Fibonacci time levels, we see multiple pivots in the past that were almost perfectly on the time levels, the next one being tomorrow Even if price keeps correcting a bit lower to 93-96k, don't be fooled and sell early, because the next sweep of highs will be very impulsive, close to inflation news.
by tamastery
2
BTC/USD: Navigating ATHs, Corrections, Long-Term TrajectoriesBitcoin has recently achieved a new all-time high (ATH), signaling strong bullish momentum. However, historical patterns suggest that a significant correction is imminent, with a potential decline of 32% to the $70,000 level. This critical juncture will define Bitcoin’s next move and its long-term trajectory. Key Scenarios for BTC’s Path: Scenario 1: Consolidation Above $90,000 and Push to $120,000 (March 2025) Bitcoin’s first challenge is to maintain support above $90,000. If successful, the bullish momentum could drive BTC to a new ATH of $120,000 by March 2025. Following this peak, BTC may face a significant correction to $40,000, signaling the end of the current market cycle. Scenario 2: Correction to $70,000 Before Reclaiming $120,000 (July 2025) If BTC struggles to hold $90,000, it could drop to $70,000 for a deeper correction. After this retracement, a rebound could see BTC reaching $105,000–$109,000, before ultimately achieving the $120,000 ATH by July 2025. This path ensures a more sustainable rally but still concludes with a cycle-ending correction to $40,000. Long-Term Outlook: The Lowest Lows (2026) As the market cools and enters a bearish phase, BTC may experience its lowest low between April and July 2026, targeting: $38,000 (most likely scenario). $33,000 (worst-case scenario). Key Buying Opportunities: For long-term investors, BTC’s anticipated price movements create excellent entry points: First Buy: $41,000 Second Buy: $39,000 Best Buy: $33,000 Summary of BTC’s Cyclical Movement: Short-Term: Fight to stay above $90,000 and potentially hit $120,000 by March 2025. Mid-Term: Correct to $70,000 before establishing a new ATH by July 2025. Long-Term: Fall to $38,000–$33,000 by mid-2026, marking the lowest phase of the cycle. This roadmap emphasizes BTC’s cyclical nature, offering both opportunities and risks for investors to navigate strategically.
BITSTAMP:BTCUSDShort
by QuantumFusionWave
BTC Parallel Channel in Daily ChartOn the BTCUSD daily chart, we can observe that Bitcoin's price has been oscillating within a well-defined parallel channel. The upper trend line acts as resistance, while the lower trend line serves as support. This channel has been respected multiple times, making it a reliable indicator for future price movements. Key Observations : Resistance and Support : The upper trend line has consistently acted as a resistance level, limiting the upward movement of BTC. The lower trend line has provided strong support, preventing significant downward breakouts. Price Action: The price has touched the upper trend line many times, indicating a strong resistance level. Similarly, the lower trend line has been tested few times, confirming its role as a robust support level. Potential Breakout : A breakout above the upper trend line could signal a bullish trend continuation, leading to higher price levels. Conversely, a breakdown below the lower trend line might indicate a bearish trend reversal, resulting in lower price levels. Technical Indicators: To complement the parallel channel analysis, I have included the following technical indicators: 50-Day Moving Average (50 DMA): Provides a smoothed trend direction. 200-Day Moving Average (200 DMA): Indicates long-term trend direction and potential reversal points. RSI (Relative Strength Index): Indicates overbought or oversold conditions. Conclusion: The parallel channel on the BTC daily chart provides valuable insights into potential price movements. Traders should watch for a breakout above the upper trend line for a bullish signal or a breakdown below the lower trend line for a bearish signal. Additionally, keeping an eye on the included technical indicators can help confirm these signals and enhance trading decisions. Disclaimer : The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
INDEX:BTCUSD
by rukshan2102
Altseason is Here - Follow Triangle BreakoutLong positions are piling up on Bitcoin (BTC) after each other. I think that investors follow the consolidation to buy more. Know that symmetrical triangles can break on either side. Enabling you to follow the breakout, I made this chart. This chart shows a symmetrical triangle tracing Bitcoin price action. High as investors' risk appetite is, any drawback is potentially considered an opportunity. I estimate that large-cap altcoins will do even better. So, it might be a good idea to follow up on Ethereum.
BITSTAMP:BTCUSD
by Elysian_Mind
BITCOIN UPDATE: MUST READ!!!I may get a lot of criticism for this, but before you write a hate comment, please read the update carefully. November has been a great month for BTC, with a solid 48% gain, pushing it to a new all-time high. This growth has also benefited altcoins. Currently, BTC is facing rejection, and if it undergoes a correction, we are likely to see levels around FWB:73K –$74k by February 2025. The RSI is already in the overbought zone and is displaying a bearish divergence pattern. The only way BTC can avoid this rejection is by breaking above its new all-time high. I plan to follow this pattern unless BTC successfully breaks above its all-time high. That’s all for now. I hope this helps you make better decisions. As always, conduct your own research and analysis before investing. Thank you!
Short
by Dexter_The_Trader
BTC WHALES - 100K Club - The market is Looking Fishy!!!!! The BTC 100K Club: Cold Wallet Exchange Whales and Their Hidden Influence In the ever-evolving world of Bitcoin, much of the focus remains on price action, retail sentiment, and macroeconomic events. However, one often-overlooked yet critical element of market dynamics is the role of cold wallet exchange whales—specifically, the BTC 100K Club. These are four exchange-owned wallets that hold over 100,000 BTC each and have a proven track record of driving accumulation and distribution cycles. While many retail traders ignore their activity, these wallets serve as the silent architects of Bitcoin's major price movements. The Forced Market Top: Déjà Vu from $70K The current market is eerily reminiscent of the $70,000 peak, where a massive withdrawal of over 100,000 BTC from cold storage signaled a forced market top. That withdrawal period lasted approximately three months, during which the broader market turned highly bearish. Retail investors sold off their holdings amid fear and uncertainty, while these whales were quietly re-accumulating at lower levels. By the time the U.S. election came around, the whales had successfully regained their positions, and the price surged—obliterating retail bears in a bullish breakout. The Present Scenario: A Smaller-Scale Replay? Fast forward to today, and we are seeing a similar but scaled-down version of the $70K playbook. My tracker has identified a -39,914 BTC withdrawal from cold storage wallets, which aligns with the recent market top and signals the start of a correction phase. While retail sentiment continues to lean bullish, history shows that these withdrawals are often precursors to distribution cycles, where whales offload positions at higher prices. Accumulation: The Calm Before the Storm Despite the current bearish undertone, the long-term outlook for Bitcoin remains undeniably bullish. Just as the 100K BTC accumulation phase marked the bottom after the $70K top, we are waiting for similar accumulation signals before the next leg up. These accumulation events are not only indicators of whale confidence but also serve as the foundation for massive upward price momentum. Retail Bears Beware: Lessons from History One of the biggest mistakes retail traders make during these phases is underestimating the strategic moves of whales. As we saw after the $70K top, while many screamed "sell," whales quietly accumulated Bitcoin, setting the stage for the next bullish rally. The same dynamic could be playing out now. Those ignoring the signals from the BTC 100K Club may find themselves caught on the wrong side of the trade yet again. My Position and Outlook I accurately predicted this market top and exited 3quarters of my BTC positions at $99,000, securing substantial gains. For now, I remain bearish in the short term, but I am closely monitoring the BTC 100K Club for signs of accumulation. Once we see significant deposits back into cold wallets, it will likely signal the end of the correction and the start of a new accumulation phase. In the long term, there is no doubt that Bitcoin will break through the $100K psychological barrier. This is not just speculative optimism—it’s a conclusion drawn from years of observing whale behavior and market cycles. Retail investors would do well to track these cold wallet movements closely, as they provide a clearer picture of the market’s true direction than any sentiment-driven analysis. Conclusion: A Time to Observe and Learn The BTC 100K Club wallets represent some of the most powerful forces in the Bitcoin market. Their activity signals the onset of major market tops and bottoms, often weeks before price action reflects these shifts. As we wait for the next accumulation phase, retail investors should focus on learning from these cycles and preparing for the inevitable breakout that will likely take Bitcoin into new all-time highs. Whether you’re bearish or bullish today, one thing is certain: Bitcoin's journey past $100K is only a matter of time. The question is, will you be ready?
by Data_Driven_Trading
BTC's Accumulation Phase: Identifying Cycles and Support ZonesH ello, BTC has been in accumulation since spring this year. The white dotted lines show the accumulation curves. There are multiple cycles, each with a pump and a dump arm. The cycles might be different in size, but they share the green bottom support zone where large investors prefer to buy. Bitcoin has a bullish cross signal from the MACD indicator at the bottom. However, the current price is far above EMA 20/50/100/200. Thus, a dip might manifest to correct the price per the EMAs. There's a high probability that players will buy the dip, though and the bull run can continue. I wouldn't buy now because of the potential dip and because the price's at the falling trendline resistance. I aim for long positions, but I'd wait for a correction first and closely monitor how the price reacts around the falling resistance. Regards, Ely
BITSTAMP:BTCUSDLong
by Elysian_Mind
Is Bitcoin (BTC) Setting Up for a Pullback and An Opportunity?👀 👉 Bitcoin (BTC) has recently dipped from a key liquidity area and is now revisiting previous highs. This movement has traders watching closely for what could come next. I'm eyeing a possible buying setup, but only if it retraces to a balanced price level and confirms with a bullish structural shift. 🛠️ Disclaimer: This video is for educational purposes only and does not serve as financial advice. Always do your own due diligence and trade responsibly. 📢
Long
by fxtraderanthony
10
Is Bitcoin on the Verge of a Major Crash? Warning Signs Ahead!👀👉 Bitcoin (BTC) has recently surged to all-time highs, but is the rally about to reverse? On the 1M monthly timeframe, a key horizontal resistance level is flashing warning signals. BTC appears heavily overbought, and the trend shows clear signs of overextension. 📉 Using advanced trading concepts like Wyckoff theory and ICT methodology, this video breaks down: 
 - How historical price action reveals similar overextended moves that led to significant pullbacks. - Why the Fibonacci tool suggests a potential retracement to equilibrium after a parabolic price swing. - The lack of smart money accumulation since the last major price breakout, signaling potential vulnerabilities. 🔍 We’ll examine two key scenarios: 1. Bearish Opportunity: If price action breaks structure and takes out existing range lows, it could signal a deeper correction. 2. Bullish Opportunity: If BTC trades into a discounted zone below equilibrium, this could present a strong buy opportunity for longer-term positioning. 📊 This analysis is for educational purposes only and highlights the importance of managing risk in a market known for its volatility. Past performance is no guarantee of future results—trade wisely and always assess your risk tolerance! 👉 Don’t miss this critical breakdown. Learn how to read the charts like a pro and prepare for what’s next in Bitcoin’s journey!📊
by fxtraderanthony
45