Btctrading
BULISH BTCUSDT (THE CURVE LINES SPEAKING!)As in my previous analyses, I utilized curve lines; however, this time I am uncertain about the upper targets. This represents merely another perspective, and I will continue to monitor the market closely. I will update this analysis as necessary.
Here are the links to my other ideas:
Trading BTC with a Solid Plan Is Crucial for Success—Here’s Mine🌟 In this video, I share a trade idea along with my detailed trading plan and we highlight why a well-structured strategy is 🔑 key to success. Discover how to trade BTC Bitcoin 🪙 using a trend continuation approach while leveraging TradingView's powerful tools and features to gain a real edge in the markets. 🖥️✨
Here’s what we’ll cover:
📊 Trend Analysis: A top-down review of market direction to identify opportunities.
📈 Market Structure & Price Action: Key insights into how price moves and behaves.
🎯 Trade Planning: Using higher timeframe support and resistance levels to set stop loss and target points.
🛠️ TradingView Features: Practical tools to refine your analysis and boost efficiency.
This video is an in-depth guide to trading effectively with a proven strategy, enhanced by TradingView's unique capabilities. 🚀 Please remember, this is not financial advice. 📜
How Bitcoin’s Recent Golden Cross Could Impact Your Crypto Bitcoin has been performing strongly on the charts since hitting a low of GETTEX:89K a week ago. The cryptocurrency’s value has risen to over $105,000 at the time of writing, marking an increase of over 11% in just a week. The recent gains have sparked optimism within the crypto community, with some speculating about a potential short-term rally.
According to Burak Kesmeci from CryptoQuant, Bitcoin’s 1-7 day UTXO average has crossed above the 7-30 day UTXO average. This crossover signifies that the average cost basis for Bitcoin acquired over the past week is rising, despite recent price hikes. This positive signal indicates that the ongoing price upswing is backed by fresh capital inflows.
BTC breaks higher
From the recent trend of Bitcoin, it can be seen that the price has experienced several key trend changes:
1. Descending channel: The price started to pull back from the high point near 108,340.67 and entered an obvious descending channel, falling to 92,458.46 at the lowest point. This range indicates that the market entered a correction after encountering strong resistance in the high point area.
2. Upward trend channel: Starting from 92,458.46, the price gradually rebounded and broke through the downward channel. At present, Bitcoin has entered a new upward trend channel, and the current price (103,182.59) is close to the upper track of the channel, showing obvious upward momentum.
Key levels
1. Fibonacci retracement level:
0.618 retracement level (102,259.76): This is the key golden section point measured from the top of 108,340.67 to the bottom of 92,458.46. The price has fluctuated in this area recently, indicating that there is a strong support and resistance conversion at this position.
0.5 retracement level (100,388.32): This position provided some support during the price decline, reflecting that the market buying was relatively active at this position.
0.382 retracement level (98,516.87): As an important dividing line, the price has formed a certain short-term consolidation in this area before.
2. Support and resistance:
Current main resistance level: 108,340.67 This is the recent highest point. Breaking through this position will significantly enhance the market's bullish sentiment.
Main support level: 92,458.46, which is the low point of this round of decline. If it falls below this level, it may trigger more selling.
Price pattern and momentum
1. Double bottom pattern:
A double bottom was formed at 92,542.93 and 92,577.50, confirming the strong support of the market in this area. The price then rebounded and gradually broke through the downward channel upward.
2. Upward trend channel:
From the channel marked by the green parallel lines in the figure, it can be seen that Bitcoin is currently climbing steadily, and the upward trend is complete in the short term. However, the price is currently close to the upper track of the channel and may face certain pullback pressure.
Trading strategy suggestions
1. Long strategy:
If the price is stable above 102,259.76 (0.618 retracement) and breaks through 103,500, you can consider entering the market to go long, with a target of 105,000 to 108,000.
If the price breaks through the previous high of 108,340.67, it may open up a larger upside space, and then you can consider chasing long.
2. Short strategy:
If the price falls below 102,000, it may indicate that the short-term bullish momentum is weakening. At this time, you can consider shorting, with a target of 100,000 or 98,500.
Pay attention to the performance of the 95,525.94 support area. Falling below this level may lead to a deeper pullback.
Risk Control
The current trend of Bitcoin is in an upward channel, and the market sentiment is optimistic, but it is also necessary to guard against the possibility of false breakthroughs. Recommendations:
- Set a strict stop loss to avoid unnecessary losses due to excessive price fluctuations.
- Pay attention to the potential impact of macroeconomic factors (such as the Fed's policy) and market news (such as regulatory dynamics) on prices.
In summary, the technical side of Bitcoin shows short-term bullishness, but it is necessary to be wary of the pressure level near the upper track of the channel. Investors are advised to flexibly adjust their strategies according to the trend.
Price & Market overview current of BTCKey Insights from the Data:
1. Price & Market Overview
BTC Price: Trading between $102,900 and $103,000, down ~1.1% from recent highs ($104k+).
Market Sentiment:
Fear & Greed Index at 77 (+2.67%), reflecting a strong "Greed" sentiment.
Bitcoin Dominance at 57.04% (+1.15%), indicating BTC's growing market share.
Macro Environment:
Gold Futures: Down -0.48% ($2701.55), showing minor weakness.
USD Index (DXY): +0.35% (109.200), a mild headwind for risk assets like BTC.
2. On-Chain Metrics
Exchange BTC Balances:
~1.81M BTC on exchanges, slightly down (-0.06%), indicating ongoing outflows.
BTC Spot Inflows/Outflows:
Recent net outflows totaling ~$221M over 4–6 hours suggest reduced selling pressure.
Implication: Fewer BTC on exchanges reduces immediate sell pressure but doesn't guarantee price increases if sentiment weakens.
3. Derivatives Overview
Open Interest (OI): $147.74B (+1.41%), showing new positions are being opened.
Funding Rates:
Binance BTC/USDT: ~0.0100% (mildly positive, bullish tilt).
OKX BTC/USDT: ~0.0114% (similar trend).
Liquidations:
24h Liquidations: $484.49M (+45.89%), reflecting increased volatility.
Long/Short Ratios:
Binance Traders: 1.64 (net-long), but sentiment is weakening.
OKX Accounts: 0.66 (net-short), showing mixed market views across platforms.
4. Technical Indicators
Price Action:
BTC corrected from $104.6k to ~$102.3k and struggles to reclaim $103.5k.
Moving Averages:
1h 50 MA ($103.6k): BTC below this level; bearish pressure persists.
1h 200 MA ($101.8k): Key support if downward pressure intensifies.
Momentum Oscillators:
MACD: Strongly negative histogram (-333), indicating bearish momentum.
RSI: ~48–50, teetering around neutral, with potential bearish confirmation below 45.
Volatility Indicators:
Bollinger Bands: Price in the lower half, signaling a slight downward bias.
5. Likely Scenarios (Next 12–24 Hours)
Bearish Continuation (~40% Probability):
BTC fails to reclaim $103.5k, falling toward $101.8k–$102k (200 MA).
Potential for further downside to $100k if selling accelerates.
Neutral Range (~35% Probability):
BTC consolidates between $102k and $103.5k with subdued volume.
Bullish Recovery (~25% Probability):
Buyers push BTC above $103.5k, potentially retesting $104.5k–$105k.
6. Confidence Level
Moderately Bearish (~55%) due to:
Negative MACD, struggles to break above short-term MAs, and rising liquidation volumes.
Macro bullish factors (high greed index, long-term outflows) provide a supportive backdrop, but immediate technical signals remain weak.
Final Recommendations
Monitor $103.5k for potential recovery or rejection.
Watch for high-volume breaks below $101.8k, which could trigger further downside.
Stay cautious of sudden volatility spikes due to increased liquidations and mixed sentiment across derivatives platforms.
"BTCUSD Technical Analysis: Based on the provided chart:
- **Support Zone**: BTC is currently near a support area around 92,000. This level might act as a bounce zone for a potential bullish move.
- **Targets**:
- If the price bounces, potential resistance levels are marked at 98,000, 102,000, and 108,000.
- These levels can act as profit-taking zones for long positions.
- **Stop-Loss Zone**: A stop-loss seems to be placed below the 90,291 level, indicating a critical invalidation zone for the bullish outlook.
- **Strategy**: A confirmation of a bounce or reversal from the support zone could justify entering a buy position targeting higher levels. Without confirmation, there is a risk of price breaking lower.
Bitcoin (BTCUSDT) 2500% Done @ 10X Leverage!Bitcoin MASSIVE LONG Trade Caught!
The move from $27,200 to $96,100 represents an approximately 250% gain. At 10x leverage I took, this is a clear 2500% massive gain!
This large rally indicates strong bullish momentum caught using the Risological Options Trading Indicator , with consistently higher highs and higher lows on the daily chart.
Use caution if momentum slows—prolonged consolidation or reversal signals might appear around such a major milestone.
Despite short-term pullbacks, BTC’s overall trend remains firmly bullish on the daily timeframe. The uptrend is supported by strong demand and increasing volume, often associated with sustained rallies.
BTC Breaks Highs: Bullish Trend Shift Possible ContinuationBTC has broken the previous high, signaling a shift in the trend. This marks a bullish change of character, and I'm watching for a retrace on the lower timeframe with a potential continuation to the upside. Keep an eye on a Fibonacci pullback to the 50-61.8% level on the previous four-hour swing for a possible bullish entry. This is not financial advice.
What’s Next for BTC: $99K or $84K?Good Morning, Trading Family!
What’s Next for BTC: $99K or $84K?
Here’s the game plan: if BTC corrects up to $93K, $94K, or $96K, it could then pull back down to the $84K marker. But if BTC breaks $96K, we could see it climb to $99K.
This Sunday, I’m hosting a webinar on how emotions can hurt your trading and how to take control of your mindset for better results.
Send me a message or check out my profile for details. If this added value to your trading, like, comment, and share it with someone who needs it.
Kris/Mindbloome Exchange
Trade What You See
BTC Price Forecast: Will Accumulation Zones Lead to a 50% Surge?We are analyzing a BTC/USD weekly chart where the price is holding strong support above the rising trendline, marked in blue.
First Scenario:
After breaking out of the resistance trendline, the price rallied by 135%, as shown in the first green box. Notably, there was a small accumulation phase in the red-marked zone before the breakout.
Second Scenario:
Currently, the price is steadily moving upward, forming another small accumulation zone within the red-marked area. This pattern suggests a potential continuation of the bullish trend.
Outlook:
Based on these observations, the price could potentially rise an additional 50% from current levels. The Stochastic RSI supports this view, aligning well with the momentum seen in both scenarios.
Conclusion: The strong trendline support, recurring accumulation zones, and favorable momentum indicators point to further upside potential.
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BTC rebounds from lows
Judging from the chart, BTC/USDT has shown a clear falling wedge pattern in its recent trend and has touched an important support area (around US$92,500). The price has now rebounded from this support and is gradually moving upwards towards a potential resistance area (around $100,000).
Key Support: $92,500, which has been tested multiple times and has served as a significant support.
Key Resistance: The $100,000 area, located near the 0.5 retracement level ($100,388) and 0.618 ($102,259), are the key levels that the bulls need to overcome in order to rebound.
The price moved from a high of $108,318 to a low of $92,458 with 0.5 and 0.618 acting as strong resistance levels. The current price is hovering around the Fibonacci 0.236 ($96,201) and if the bulls can break above this level, the next targets are $98,516 and $100,388.
From the chart, we can see that the price trend has broken through the wedge boundary after running inside the wedge.
1. The current phase may see sideways movement between $92,500 and $100,000.
2. If the $100,000 resistance level is broken, BTC is expected to start a new round of upward trend, and the target price may point to $102,000 and higher.
Although the specific indicators are not shown, combined with the morphological analysis:
If the breakthrough of the resistance level is accompanied by a large volume, the validity of the rise is confirmed.
A break of the lower support ($92,500) will lead to further declines.
Overall, BTC may fluctuate between $92,500 and $100,000 in the short term. Breaking through $100,000 will open up upside potential, while falling below $92,500 may lead to a further pullback. Investors are advised to pay close attention to the Fibonacci retracement lines and volume changes to confirm the breakthrough signal.
Long order operation suggestion: When BTC pulls back to the support level of 93200-92800 area, participate in long order layout. On the upside, focus on 95400 and 96200.
Suggestions for short position operation: Layout short positions when BTC surges to 96200-95800 area. On the downside, focus on 94200 and 92000.
BTC LONG TP:105,000 06–01-2025In the 1-hour timeframe, Bitcoin is displaying a bullish pattern that suggests it should continue in that direction over the next 12 to 16 hours. However, it is important to note that if this expected movement does not materialize, the bullish pattern would be invalidated, potentially altering the short-term price outlook. Therefore, it is crucial to monitor the market's evolution closely in order to make informed decisions.
BTC accumulates energy at the top of the range
After the BTC downward channel changes, a wide horizontal range is formed.
The 100,000-point line above forms the top of the range.
In the current trend, the price has continued to rise to the 92,000 line at the bottom of the range, and is approaching the top pressure. Upward momentum fading. The hourly line forms a narrow range of 98,600-97,600 for adjustment. After breaking through this range at the short-term level, it weakens under pressure at 100,000.
Overall, BTC's short-term upward trend shows signs of stagflation. An inflection point has not yet been formed. If the market rises again after the adjustment of 98,600-100,000, then a second surge may be formed in the future.
The narrow range below supports, and if the market wants to return to the short side, then 97,600 is an important support line for the downward trend.
Operation suggestions:
BTC rushes up and short orders are arranged under the pressure of the 99,500-100,000 area
Break through 101,500 as a stop loss basis. Pay attention to the break below the narrow range on the downward side.
Bulls suggest that BTC should adjust upward and stabilize above 100,000 before investing in long orders, and use breaking below the narrow range as a basis for stop loss.
BTC wide range
BTC is currently in a high-level wide range oscillation stage. After the price rose and fell in the previous period, it continued to weaken in the downward channel until it rebounded and rebounded at the 92000 line. The resistance of the 100000 line above continued to suppress, and the price formed a horizontal wide range after experiencing multiple ups and downs. At present, the price has rebounded at the 92000 line and gradually raised the low point, testing the resistance level of the 100000 line again. If this resistance is broken, BTC may re-enter the upward trend. The 96000 line below is a short-term support. Once it falls below this position, the price may return to the bottom of the range, and the short-term market will be bearish.
At the short-term level, BTC has entered the stagflation adjustment stage after multiple rises, forming a technical pattern of double top weakening. In the short term, the 97000 line is a key support. If it falls below this position, the rebound trend may end and the price will continue to be horizontal.
Suggestions for short position operation:
Aggressive operation: When the BTC price is close to 98,000, short positions can be arranged. The target downward support levels are 96,200, 95,400, and 94,000, and the stop loss is set at 100,000.
Steady operation: It is recommended to wait for BTC to form an M head and break the support, and enter the market after confirming that the short-term trend turns to short. You can pay attention to the short position opportunities in the 97,200-96,800 area.
Overall, the current short-term trend of BTC is still in a volatile consolidation pattern, and breaking through key resistance or support will determine the short-term direction.
How to outperform Microstrategy in 2025🚀 Michael Saylor vs. Smarter Bitcoin Buying
Michael Saylor has driven waves of excitement with his massive Bitcoin purchases. While it’s fascinating that a software company like NASDAQ:MSTR is using Bitcoin to boost its stock price, that’s not our focus today.
saylortracker.com
Our goal: Outperform Saylor and make better Bitcoin purchases.
📊 Current Market Outlook
📉 60-Day Cycle Low:
Bitcoin appears to be at a 60-day cycle low—a fantastic buying opportunity!
However, don’t hold past the 3-day cycle high.
🔮 What the Cycles Are Telling Us
- 2-Week Cycle: Recently reversed to the downside, signaling potential for further declines.
- 1-Week Cycle: Still declining and likely needs another month to reset.
- 60-Day Cycle: Historically bearish before completing a 24-week cycle.
💡 Key Takeaways
1️⃣ Bitcoin may need a breather before its next big move.
2️⃣ The bull market is intact, with a price range of $130–150K still achievable.
3️⃣ This is unlikely to happen in the first two months of 2025.
⏳ Patience Pays Off
I know you’re eager for gains, and soon enough, your altcoins will have their moment to shine**. 🌟
You’ll be sending screenshots of your portfolio to your friends again, trust me. 😉
📅 Most Probable Scenario
Bitcoin tends to move in 24-week cycles. On the weekly timeframe, we may see further bearish action before a reset, providing even better buying opportunities.
Patience is key—trade smarter, not harder!
This is not financial advice. Always do your own research! 📖
BTC LONG TP:99,500 31-12-2024The price of Bitcoin has had its moment, and contrary to what was previously anticipated, it did not experience the expected decline. Instead, it is now forming a bullish pattern that could indicate a shift in trend. Therefore, we should consider looking for a long entry in the range of 92,000 to 93,500. In the event of any market manipulation, it would be wise to have orders set at 91,000. Additionally, the stop loss should be placed below 90,000. This movement is expected to materialize within a couple of days, so it's important to stay alert for market updates to respond appropriately.
$BTC in 2025!CRYPTOCAP:BTC #BTC Modest entry to the new year 2025! $95,878 resistance testing as I write this post, Previous 4H close with good follow thru on Bullish engulfing, Needs to regain support over $99,361-$100,334 resistance area to get back above $103,093. latest ATH at $108,388. $94,148 current support area, $91,357 key support area.