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Btctechnicalanalysis

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
4
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
BTC/USDT.P updateDaily candle closed belowed the mid point of a major seller zone, meaning seller are in control and we are likely to see some more bearish action this coming week.... We have also completed a bearish Crab harmonic pattern with TP1 set for 76397.5 and potentially TP2 for 65889. HTF harmonics are usually pretty accurate so I think the daily time frame retrace I've been looking for is potentially coming soon. Be ready. @Nate Alert Please don't blindly trade short lol, make sure you do proper risk management and only enter at price points that are reaction zones
Short
by Nate36989
#BTC/USDT hiTS $93K What's next? Urgent Update! Bitcoin is straightforward: Watch for liquidity around $88,083 and $89,696 on the hourly chart. These are critical levels for the bulls to defend. With no significant resistance, a move to the $100K mark seems likely. However, since everyone is eyeing $100K, we might not reach it as quickly as expected. BTC has enjoyed a massive rally over the past few weeks and may need a halt, but you never know! Invalidation: a close below $85,314. Let me know your thoughts in the comments! #PEACE
Long
by Cryptorphic
1
BITCOIN Weekly Chart Targets Massive $129,500!!BTCUSDT Analysis: The Bitcoin Weekly Chart is setting the stage for a monumental move with TP1 already achieved, and all eyes now on the higher targets. The final target of $129,582.3 suggests the potential for a historic rally as technical indicators and market sentiment align in favor of the bulls. BITCOIN Trade Overview: Entry: $67,957.6 Stop Loss (SL): $58,435.8 INDICATOR USED: Risological Swing Trader BITCOIN LONG TRADE TARGETS: TP1: $79,726.4 ✅ TP2: $98,769.9 TP3: $117,813.4 TP4: $129,582.3 Key Observations: Weekly Breakout: Bitcoin's weekly chart shows a significant breakout from key resistance levels, with strong momentum driving prices higher. Moving Averages Cross: A bullish cross of the moving averages underpins the ongoing rally, signaling sustained buyer strength. Market Sentiment: Bitcoin is riding a wave of positive sentiment, bolstered by institutional interest and increasing adoption narratives. BTC Outlook: Bitcoin’s momentum on the weekly timeframe suggests a continued rally towards TP2 and TP3, with the possibility of reaching TP4 under strong market conditions. Traders should monitor weekly closes to confirm the rally's sustainability, while maintaining risk management strategies. Conclusion: Bitcoin’s long-term technical setup is firing on all cylinders. With TP1 already hit, the path toward the final $129K target could unfold as momentum builds. This is a trade that will be remembered for years to come!
Long
by ProfitsNinja
HOW TO GET RICH PREDICTING BITCOINS BULL RUN & CRASH! TUTORIALCOINBASE:BTCUSD NASDAQ:IBIT AMEX:BITX HOW TO GET RICH PREDICTING BITCOINS BULL RUNS & CRASHES! TUTORIAL In this must-watch tutorial, I'll reveal the secrets to predicting Bitcoin's rise and fall with stunning accuracy. Join me as I walk you through four distinct indicators that you can use to jump into Bitcoin before massive runups and dodge huge crashes. Whether you're a seasoned trader or a crypto newbie, these insights will transform how you approach the market. Don't miss out on this exclusive analysis that could change your financial future! Smash that like button and follow for more game-changing strategies, ideas, and tutorials!
COINBASE:BTCUSDEducation
by RonnieV29
3
BTC/USDT.P update - Post ElectionThere are two potential scenarios currently. One is that we continue to push into price discovery and the bull run officially starts, or we will have a decent pull back that traps all the easy retail loans at the top before the actual bull starts.... I think both are likely and I'm not here to predict, but I am going to prepare for both situations. I've marked in yellow circle indicating where the pull back is likely to land if we do see one. If we don't, I am already packed with previous accumulations and I'm happy to ride this bull with some left over sideline capital. It's never a good idea to spend all your resources at any given time, that is like "show hand", you can play it where you always have left over resource to do something and put yourself in an advantage. It is my opinion of course, but it's been working out great for me so far. Trade safely guys, no matter what, something is about to get down LOL. @Nate Alert
by Nate36989
BTC/USDT.P UpdateIf we ignore the election, we had a bearish weekly candle close this past week so I anticipate a sizeable pull back. If we considering election effects, usually the election week is bearish and then an unconditional rally comes soon after; typically it will last till the end of the year. If this pattern holds true, I would personally hedge a trade to profit on both sides. I'm still long term BTC bullish, but this week, I will consider shorting to hedge against my longs. I have marked a few places where I would take TPs on the short and DCA for my longs for you to reference. Trade safely! @Nate Alert
by Nate36989