HolderStat | BTC pullback from resistance📉 BTC price fell by 2.6% overnight to $95,840, confirming expectations of a pullback from the key resistance level. At the same time, trading volumes grew by 14%.
📊 Funding rates remain low and open interest in futures rose 0.9% overnight - signs that players are preparing for the next move. Notably, one tracked wallet made a selloff at $98,031, which could indicate profit taking by a major player.
💡 The market is showing signs of localized weakness, but the dynamics of volumes and open interest hint at a possible accumulation of positions. Watch for further support levels and activity of large purses for entry points.
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Btcusdanalysis
BTCUSDT Analysis: Breaking Key Levels on Dec 26, 2024Context and Analysis:
Today’s Bitcoin price action saw a significant drop after consolidating near critical levels overnight. Here's a breakdown of key observations:
Initial Consolidation:
Price hovered within the Bear Day resistance zone around $98,400-$98,600 for several hours. This area was tested multiple times, reflecting significant selling pressure.
Breakdown Confirmation:
Early in the session, BTC broke below the Day support level at $97,800, triggering high-volume selling momentum. The decline was swift, heading towards the Bullish Weekly support zone ($97,200) but offering little relief.
Current State:
Price is now testing the Day-ATR low ($95,200), a critical intraday level. This aligns with broader market sentiment showing weakness and a potential continuation of the bearish move.
Volume Profile Insight:
The Point of Control (POC) near $98,400 acted as a ceiling, further solidifying the bearish outlook when the price was rejected at this level.
Outlook:
Bulls need to reclaim the $96,400 swing close level to stabilize and attempt a recovery. Failure to hold above the current ATR low could open the door to further downside exploration.
Takeaway: Bitcoin is experiencing heavy selling pressure today, losing critical support zones one by one. Traders should monitor the $96,400 level for signs of reversal or a continuation of the bearish momentum.
Bitcoin"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
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Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Bitcoin BTC Is Preparing Last Drop To $89k Before The Rally!Merry Christmas, Skyrexians!
Today BINANCE:BTCUSDT started moving again and this move is downward. That's why it causes a lot of emotions. But we warned you in our last analysis that Bitcoin will reach GETTEX:89K at least before the bull run continuation. Today we will take a look in details how this dump can be finished soon.
Let's take a look at the 1 hour timeframe. When Bitcoin has recently reached the top our new Multilayer Acceleration/Deceleration Strategy closed all long trades and the dump was without any actions. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
After that we have seen the wave A which consists of 5 waves. The next bounce was the wave B zigzag shaped. Today price dropped suddenly and hard, this is the sign that wave C is already in progress. Soon we will see the final target at $89k. From there we can expect the bullish continuation above $120k.
Best regards,
Skyrexio Team
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The continuation of the upward bull run of Bitcoin💠 The nature of the market has always been such that every uptrend at the beginning of an upward trend requires a short correction, and this is not far-fetched for Bitcoin.
⭕️ Everything is self-explanatory on the chart and no further explanation is needed. Dear friends, the numbers given in the chart are drawn according to analytical and trading experience. So far, all my analyses have had a very low error rate, and I hope that this analysis will again achieve its goals without mistakes.
▫️The buying suggestions are the blue and purple lines, which I recommend buying as DCA. If you have two targets, you can see that there is no reason why the second target must be seen. It is possible that a sharp decline will begin near or in the middle of these two targets. Therefore, be sure to take your profits from the first target.
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BTCUSDT - Bearish sign?daily chart displays a ascending broading wedge pattern
can notice obviously how price action going when touches the lower side of the pattern
You'll notice a full absorption of the candle, with only a wick touching the lower part of the pattern.
It's important to understand that the ascending wedge pattern is inherently bearish, often signaling a downward move. However, Bitcoin rarely gives you a clear short signal like this—it will likely liquidate all short positions first.
What’s expected is a strong upward move in the coming days, followed by a drop. Bitcoin’s target for this correction is 85k.
Is Bitcoin Poised for a Rally? Technical Analysis and Trade IdeaMany are asking, where will Bitcoin head next? Looking at this four-hour chart, we can see equal lows and a notable dip into sell-side liquidity. My question is whether this is setting up for a pre-Christmas rally or not. I'll be watching for a potential buy opportunity if we see a bullish market structure break. If that doesn't happen, then there won't be a trade. This is not financial advice.
BTC shorting oppertunityOn higher timeframe btc has retraced to almost 50%fibonachi and also accumulating and taking support of trendline ,also there is huge imbalance on the downside,
scenerio 1 (red line) it might go to the 95600 level to grab liquidity and also to balance the price
scenerio 2 (green line) it will accumulate little more then it will go 102150 level or higher
comment your view
BTC Targets in 2024 & 2025As per fib tool, we can assume that BTC might hit these fib levels in this year or next year.
1.618 (102075.56)
2.618 (155599.53)
3.618 (209123.50)
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.
Bitcoin Breakout Alert : Ascending Wedge Strategy Explained!Hi Traders !, I bring you an exciting analysis of Bitcoin on the 1-hour timeframe. We’re looking at a potential breakout from an ascending wedge, which could give us an excellent opportunity to go long. 🚀
The VIP Scalping Oscillator is showing positive momentum with green, as indicated by the green bars.
The RSI is around 60, signaling strength in the trend.
Trade Values:
Entry Price: 99,032.95 USDT
Take Profit (TP): 102,314.81 USDT
Stop Loss (SL): 95,866.63 USDT
Risk/Reward Ratio (R:R): This trade offers a favorable ratio, allowing me to seek a strong return while keeping the risk under control with a well-placed Stop Loss.
⚠️Disclaimer:
This video is for educational and informational purposes only and does not constitute financial advice. Trading and investing in cryptocurrencies involve significant risk and may not be suitable for all investors. Always conduct your own research and consult with a licensed financial advisor before making any trading or investment decisions. Trade responsibly!
DAY 6 - Daily BTC UpdateBitcoin delivered a Christmas milestone, breaking $100K on multiple exchanges. However, we now find ourselves in a land of limbo, with BTC trending between key pivot levels and no clear confirmation of the next major direction.
Daily Chart Insights
📈 Momentum Turning Bullish
MACD: Flipping bullish, signalling potential strength in the trend.
RSI & Stochastic RSI: Both indicators suggest growing bullish momentum, showing signs of a reversal in market sentiment.
🔥 EMA Ribbon Recovery
Bitcoin’s daily candle has broken above the EMA ribbon, a key resistance zone, indicating that upward movement could gain traction if this trend holds.
Outlook
BTC's ability to maintain its position above the EMA ribbon and push past $100,800 will be pivotal in determining whether the bulls can regain full control. If successful, the next key level to watch is $105,720, leading to Pathway 1 for further gains.🎯
The market sentiment is improving, but caution is key while BTC trends in this zone. Let’s see where the holiday momentum takes us! 🎁
BITCOIN BUY | Potential Upsides | LONGBTC is about to fly soon. Market is moving above supporting area as market has already rejected this low position multiple times. now from this position BTC will go upward and fly.
BITCOIN is falling towards a support level which is a pullback support and could bounce from this level to our take profit.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity BTC
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
BTC GOING TO 193000$!!!"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!"
BTCUSDT Analysis: Be Patient for a Better Long EntryIf you're considering a long position on Bitcoin, ensure you do so from a significant level . As highlighted in all my analyses, the market is currently riskier than it appears . Nevertheless, if you're determined to go long, it’s worth waiting for the blue box to be tested.
Key Points:
Current Risk: The market is riskier than it may seem, so caution is essential.
Blue Box Zone: A key level for potential long entries, providing better risk-reward opportunities.
Confirmation Indicators: Use CDV, liquidity heatmaps, volume profiles, volume footprints, and upward market structure breaks in lower time frames for validation.
Learn With Me: If you want to learn how to effectively use CDV, liquidity heatmaps, volume profiles, and volume footprints to identify high-value demand zones, feel free to DM me.
Reminder: Always manage your risk and wait for confirmation before entering a trade.
If this analysis helps you, please don’t forget to boost and comment. Your support motivates me to share more insights!
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
The idea on BTC worked as expected, and now there is a patternThe market gifted us a 6% rebound in just one day. However, we are now observing a pattern formation, signaling consolidation and hinting at a potential huge impulse ahead. But which direction? It’s hard to determine at this moment. While fundamentals and trends suggest further growth, many traders are sitting on significant profits, waiting to see how others react.
The previous idea played out well, but that narrative seems complete now. For the next move, patience is key. Entering a trade at this stage is controversial, as the impulsive pattern formation indicates the market could break in either direction. Stay cautious and watch for confirmation before making a move.
Yours sincerely,
Mister iM
Market Anomaly Detector (MAD) Performance (PAID)The chart showcases the performance of our Market Anomaly Detector (MAD) indicator on the Bitcoin/USDT pair using a 15-minute timeframe. This indicator is designed to identify significant price anomalies, reversals, and trend continuations based on statistical and momentum analysis.
Key Features Demonstrated:
1. Anomaly Zones:
• The background highlights Bullish (green) and Bearish (red) anomaly zones, where price deviates significantly from expected levels.
• Neutral zones (gray) represent expected price ranges, allowing traders to anticipate consolidations or trend reversals.
2. Buy/Sell Signals:
• Buy signals (green labels): Appear when conditions confirm a reversal or continuation of a bullish trend.
• Sell signals (red labels): Indicate bearish momentum with strong confirmation of a downward trend.
3. Dynamic Price Bands:
• The upper and lower bands act as dynamic resistance and support levels, providing early visual cues for potential reversals or breakout zones.
4. Signal Accuracy:
• The chart demonstrates how the indicator filters false signals by employing conditions like RSI confirmation, Z-Score thresholds, and volume validation.
• Signals appearing on confirmation candles ensure stronger reliability and avoid premature entries.
BTC Trading Thesis SummaryObjective:
Action: Open Long Position
Current Price: $97,600.00
Take Profit (TP): $100,000.00
Stop Loss (SL): $96,500.00
Exit Point: $98,000.00
Confidence Level: 75%
Correlation with BTC: Neutral (0.00)
Trade Strategy:
Entry Point: Initiate a long position at $97,600.00, anticipating upward movement based on current market conditions.
Take Profit ($100,000.00): Targets a significant resistance level, representing strong bullish momentum.
Stop Loss ($96,500.00): Positioned to limit potential losses if the price declines.
Exit Point ($98,000.00): Aiming for partial profit-taking or reassessment of the position to secure gains.
Technical Analysis:
Moving Averages: Upward-trending 50-day and 200-day moving averages indicate sustained bullish momentum.
Relative Strength Index (RSI): Approaching overbought levels, signaling strong buying interest but cautioning against potential short-term pullbacks.
Volume Analysis: Increasing trading volumes on upward movements support the bullish trend and the 75% confidence level.
Risk Management:
Risk-Reward Ratio: Approximately 2.18:1, favoring potential gains over potential losses.
Position Sizing: Limit risk to a small percentage of the portfolio (e.g., 2%) to ensure manageable exposure.
Diversification: Maintain a diversified portfolio to mitigate overall risk.
Fundamental Catalysts:
Institutional Adoption: Growing interest and investment from institutional players enhance BTC’s legitimacy and demand.
Regulatory Developments: Favorable regulations can boost investor confidence, while adverse changes may pose challenges.
Technological Upgrades: Enhancements to the Bitcoin network, such as scalability and security improvements, support long-term value.
Macroeconomic Factors: Economic conditions and monetary policies influence BTC’s appeal as a hedge and alternative investment.
Potential Risks:
Market Volatility: High volatility may trigger stop losses or limit profit potential.
Regulatory Changes: Unfavorable regulations could negatively impact BTC’s price and adoption.
Technological Challenges: Network issues or security vulnerabilities could affect investor confidence.
Competitive Landscape: Emergence of new cryptocurrencies or advancements by competitors may threaten BTC’s dominance.
Conclusion:
Bitcoin presents a promising trading opportunity with a strategy to open a long position at $97,600.00, aiming to take profit at $100,000.00 and limit losses with a stop loss at $96,500.00. With a confidence level of 75%, supported by positive technical indicators and fundamental catalysts, this approach balances potential rewards with effective risk management. Continuous monitoring of market conditions and adjusting the strategy as needed will be essential to capitalize on BTC’s potential upward movement.
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."
IBIT | Be PatientThe market is declining rapidly, and Bitcoin remains highly volatile, making it dangerous to take risks in the current environment. I have marked the HTF (High Time Frame) demand zones as critical areas to monitor.
Trades should be based on the reactions observed in these demand zones on lower timeframes. This approach helps minimize risk while identifying potential entry points with stronger confirmation.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total