BITCOIN new ATH ( 95000$ )Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin, 📚💡
The current chart doesn't show a new support level, which is unusual, so I've used Fibonacci retracement levels and trendlines to identify key support zones. Given the recent increase in trading volume and new market participants, Bitcoin is likely to see a price rise of at least 10% soon, driven by strong buying interest and positive sentiment. However, it's important to stay mindful of potential range-bound candles, which may indicate consolidation or short-term fluctuations before the next significant price movement. 📚💡
🧨 Our team's main opinion is Bitcoin is likely to rise by at least 10% soon, supported by strong buying interest and positive sentiment. Key support zones are identified through Fibonacci levels and trendlines, with potential for consolidation before the next major move. 🧨
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Btcusdanalysis
BITCOIN / BTCUSDT Bullish Long Trade Target $129,582!!The Bitcoin (BTC) weekly chart highlights a robust long trade setup identified using the Risological Indicator.
With Target 1 (TP1 at $79,726.4) successfully achieved, the cryptocurrency is positioned for further upward momentum towards its ambitious targets.
BITCOIN / BTCUSDT Key Technical Insights:
Entry Point: Entry triggered at $67,957.6, following confirmation from bullish signals and the Risological trendline support.
Massive Target Zone : The remaining targets at TP2 ($98,769.9), TP3 ($117,813.4), and TP4 ($129,582.3) suggest substantial upside potential driven by strong market sentiment and technical alignment.
Stop-Loss Protection: Risk management is secured with the stop-loss set at $58,435.8, ensuring minimized downside exposure.
Momentum Drivers:
Technical Resilience: The upward trajectory is supported by a confluence of the Risological Lines acting as a dynamic guide.
Market Sentiment: Bitcoin continues to display impressive resilience amidst broader market uncertainty, reinforcing its appeal as a strong bullish candidate.
Conclusion:
Bitcoin's ongoing bullish breakout underscores its potential to reach the higher target zones. Traders leveraging this trade setup stand to benefit significantly from the well-structured risk-reward balance.
Keep monitoring for momentum accelerations towards TP2 and beyond!
Idea for the next 2 weeks for BitcoinBitcoin flew up perfectly according to my scenario. Bitcoin went without reaching the full correction as I expected. It only reached 65300.
US elections determined the winner, Bitcoin reached the maximum point of 75000.
A. The descending channel is destroyed. The euphoria has passed, now we expect a correction according to the chart
1 - 70000
2 - 65000
Next, Bitcoin can calmly grow to 80000.
B. It is less likely to go straight to 80000 and then correct from there to 70000
Please like my post
Is Bitcoin the Next Golden Opportunity or Foolish Gamble?Bitcoin, the world's pioneering cryptocurrency, has once again defied expectations. Recently, it surged past the symbolic $90,000 mark, solidifying its position as the eighth-largest asset globally. This unprecedented rise has sparked intense debate among investors and analysts, with many wondering if Bitcoin could potentially reach the $100,000 milestone in November.
The Factors Fueling Bitcoin's Rally
Several factors have contributed to Bitcoin's meteoric rise:
1. Institutional Adoption: Major financial institutions and corporations are increasingly recognizing Bitcoin's potential as a valuable asset class. Companies like MicroStrategy and Tesla have invested heavily in Bitcoin, signaling a shift in mainstream perception.
2. Global Economic Uncertainty: As traditional economies grapple with inflation and geopolitical tensions, investors are seeking alternative assets to diversify their portfolios. Bitcoin, with its decentralized nature and limited supply, has emerged as an attractive option.
3. Network Upgrades: Bitcoin's underlying technology, the blockchain, has undergone significant upgrades, enhancing its scalability and security. These improvements have boosted investor confidence and paved the way for further growth.
4. Positive Regulatory Sentiment: While regulatory clarity remains a challenge in many jurisdictions, there have been positive developments, such as the recent approval of Bitcoin ETFs in the United States. These regulatory milestones have reduced uncertainty and encouraged institutional investment.
The $100,000 Question: Is It Feasible?
While Bitcoin's recent performance has been extraordinary, reaching the $100,000 mark in November is a lofty goal. Several factors could influence its trajectory:
• Market Volatility: Bitcoin is known for its extreme price volatility. Sudden market corrections or negative news events could derail its upward momentum.
• Regulatory Risks: Unfavorable regulatory policies or increased scrutiny from governments could dampen investor sentiment and impact Bitcoin's price.
• Technical Challenges: Scalability issues and network congestion could hinder Bitcoin's adoption and limit its potential for growth.
Is Now a Good Time to Buy Bitcoin?
The decision to invest in Bitcoin is highly personal and depends on individual risk tolerance and financial goals. While the cryptocurrency's long-term potential is promising, it's essential to approach it with caution and consider the following:
• Diversification: Bitcoin should be part of a diversified investment portfolio. Over-allocating to a single asset, especially one as volatile as Bitcoin, can expose investors to significant risk.
• Time Horizon: Bitcoin is a long-term investment. Short-term price fluctuations should be ignored.
• Risk Tolerance: Investors should only allocate capital to Bitcoin that they can afford to lose.
• Research and Due Diligence: Before investing, it's crucial to conduct thorough research and understand the risks involved.
Conclusion
Bitcoin's recent surge has captured global attention and sparked a wave of excitement among investors. While the potential for further growth is undeniable, it's important to maintain a realistic perspective. The $100,000 milestone, while ambitious, is not entirely out of reach, but it will require a confluence of favorable factors. As always, investors should exercise prudence and make informed decisions based on their individual circumstances.
BTC AND TRUMP+ SUPPLY A HISTORICAL NEW ATH coming HELLO TRADERS
As i can see it time to join the trend BTC Volume is boosting in markets and nailed everywhere we can see technically fib retracement give us a clear view on chart the last dip was already taken and market continues its bull run as it was not like previous halving after dips but for bears it was a nice retracement of near 25000 points If we see geopolitical around the world and current BTC demand vs Supply and Governments and some big companies are accumulating BTC day by day US election will create a spike move in BTC to the given targets if TRUMP get elected Elon Musk is supporting TRUMP Campain with 400+ MILLION $ and watching graphically charts for voting showing a Trump winning rate is growing BTC attracting many other new investors in markets BTC Dominance growing if this happens technically its now breaking down trend line to the up side and holding support above the 60K which is a good sign also for continuations of bull run so don't miss the train we are still early make a proper search before taking any trade it's just a trade idea with good R:R Stay tuned for more updates
Well $BTC hit my second dip early but didn’t hit the first! This is proving to be much more GRAND than I expected the INFLOW of $ into CRYPTOCAP:BTC spot ETFs and from Alt coins moving less.
But really so much shock and awe is coming! People will continue to buy this retail. And it won’t stop until Christmas is WELL OVER! Don’t short yourself a loss here! If your a day trader go for it but I’d be just Long on small Term trades. Anyway! good luck all and well DONE HODLERS!
Will BTCUSD’s Breakout Lead to a $90K Target?CRYPTO:BTCUSD
Multi-Timeframe Analysis
Current Price: 71,149.92
Bullish Indicators
• Cup and Handle Pattern
• Descending Broadening Wedge
Key Levels
• Strong Pivot Level: 62,500
• Ultimate Resistance: 75,000.00
• Primary Price Target: 90,000.00
Cup and Handle Pattern (Weekly Chart)
On the weekly chart, BTCUSD has formed a Cup and Handle pattern—a classic bullish continuation pattern suggesting renewed buying interest after a period of consolidation. The rounded bottom of the cup indicates strong accumulation, while the handle represents a temporary consolidation before the next upward move. Based on the measured depth of the cup, we find a potential long-term price projection around 120,000.00, aligning with broader bullish expectations in the current trend.
Descending Broadening Wedge (Daily Chart)
Zooming in on the daily chart, the handle section has formed a Descending Broadening Wedge. This pattern is another bullish indicator, often signaling potential for a breakout to the upside as it nears completion. Importantly, the price has recently broken the upper trendline of the wedge, reinforcing the likelihood of an upward movement. Based on our measurement of this wedge, we set a mid-term price target of 90,000.00, supporting the broader bullish outlook indicated by the Cup and Handle.
Monitor Key Support and Resistance Levels:
The strong pivot at 62,500 serves as a critical support level. Sustained movement above this level reinforces the bullish case.
Resistance Checkpoints:
Price momentum toward the ultimate resistance at 75,000.00 will be crucial to confirm the continuation of the bullish trend toward the primary target of 90,000.00.
Happy Trading!
For timely updates and additional insights, follow us to stay informed on BTCUSD’s next moves.
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!
BITCOIN Surges on 4H Chart – Is This the Trump Effect? BITCOIN (BTCUSDT) Analysis:
Bitcoin (BTCUSD) has delivered a stellar performance on the 4-hour timeframe, breaking through key resistance levels and smashing all targets in a stunning rally. Powered by the Risological Swing Trader, this trade showcases how technical precision meets market momentum for outstanding results.
Trade Summary:
Entry: $78,291.3
Stop Loss (SL): $76,997.5
Targets Achieved:
TP1: $79,890.4 ✅
TP2: $82,478.0 ✅
TP3: $85,065.6 ✅
TP4: $86,664.8 ✅
What’s Driving the Rally?
Market Sentiment: Speculation on potential macroeconomic shifts and regulatory developments has contributed to Bitcoin’s renewed upward momentum.
Is It the Trump Effect? Rumors linking political catalysts to financial markets have spurred speculation of increased demand for alternative assets like Bitcoin, further fueling its price surge.
Technical Precision: The Risological Swing Trader’s signal at $78,291.3 gave traders the perfect entry, leveraging clear risk management with a favorable risk-reward ratio.
Key Takeaways:
Green Trendline Support: Bitcoin followed a steep upward trajectory, supported by the robust trendline.
Volume Confirmation: Strong buying volumes confirmed the breakout, validating the upward movement.
Momentum Continuation: Higher highs and consistent bullish candles signal a continuation of this rally.
Conclusion:
Bitcoin’s remarkable rally has hit all targets, with the Risological Swing Trader proving its reliability once again. Whether it’s market sentiment or political influences like the "Trump effect," BTC remains the center of attention. For traders and investors, the key is to ride the trend while keeping an eye on potential reversals.
Namaste!
BTC in Monthly ChartThis is the monthly chart of Bitcoin, and it looks amazing. The breakout above the resistance trendline indicates a positive parabolic move for BTC, and a monthly close above this resistance would be the cherry on top.
We saw BTC reach a new all-time high above GETTEX:89K —a 130% gain this year—which could mark the beginning.
Aiming for a whopping $100k this year.
Welcome to the BULL RUN!
Secrets of the 350-Daily Moving Average(350-DMA)🔮Hi, everyone👋.
Today I want to tell you the secrets of 350-Daily Moving Average(350-DMA) in the monthly time frame.
By reading this post, you might find an approximate target for Bitcoin before the 2024 Halving.
First of all, I suggest you read the following two posts, and maybe our strategy puzzles will be completed before the 2024 Halving.🧩
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🔮 Secrets of the 350-Daily Moving Average(350-DMA):
Between two consecutive Halvings, Bitcoin must go below 350-Daily Moving Average(350-DMA) once.
The duration of Bitcoin under the 350-Daily Moving Average(350-DMA) is between 335-396 days (the movement between the two Halvings of 2022 and 2024 is very similar to the movement between the two Halvings of 2012 and 2016).
After the monthly candle closes above the 350-Daily Moving Average(350-DMA), Bitcoin has never gone below 350-DMA again before the next Halving.
After the monthly candle closes above the 350-Daily Moving Average(350-DMA), Bitcoin starts its growth for a new All Time High(ATH).
Due to the similarity of the recent movement of Bitcoin to the movement of Bitcoin between the two Halvings of 2012 and 2016, if we use the Bar Pattern tool, Bitcoin can have a price of about $ 50,000 before the Halving of 2024 .
🎉 In the coming days, I will try to share other secrets with you, and maybe our puzzle will be completed soon.
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Bitcoin Analyze ( BTCUSD ), Monthly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
I just sold all my bitcoins after this huge rally that shows noI just sold all my bitcoins after this huge rally that shows no significant volume... the correction on BTC and ETH will be brutal. OR NOT hahaha
It's often a cautious move to exit positions when a significant price surge lacks strong volume, as it can signal a weaker foundation for sustaining the rally.
This can indicate that the market is being driven more by speculation than by robust buying pressure. If a correction does come, it might shake out weaker hands quickly and reset the market with more sustainable trends.
Bitcoin Price Analysis: Possible Scenarios Aheadhello guys.
Current Price Movement: Bitcoin has experienced a strong upward movement, nearing the resistance zone around $82,000–$83,000. It is trading near the upper boundary of a rising channel.
Scenario 1: A potential bullish continuation where Bitcoin could break above the $83,000 level, pushing towards $84,000–$85,000.
Scenario 2: A possible pullback before a continuation, with Bitcoin retesting support levels around $80,000–$81,000 before attempting another move up.
Support and Resistance Levels:
Resistance: $82,000–$83,000 (near-term), $84,000–$85,000 (upper target).
Support: $80,000–$81,000 (short-term), $73,000 (lower channel boundary).
Trend: Overall bullish momentum remains, but a pullback is possible before the next leg up.
Is Institutional Demand Driving Bitcoin's Surge to $82,000?
Bitcoin, the world's largest cryptocurrency, has once again shattered records, surpassing the $82,000 mark. This significant milestone, achieved over the past 30 days, represents a remarkable 30% increase in value. The surge in Bitcoin's price is largely attributed to growing institutional interest, particularly evident in the booming Bitcoin ETF market.
Institutional Adoption Fuels the Rally
One of the primary drivers behind Bitcoin's recent bull run is the increasing adoption of Bitcoin by institutional investors. These large-scale investors, such as hedge funds, pension funds, and corporations, are recognizing the potential of Bitcoin as a valuable asset class.
A prime example of this institutional interest is the BlackRock Bitcoin ETF (IBIT). Since its launch, IBIT has attracted substantial inflows, with a recent daily inflow reaching a staggering $1.12 billion. This influx of capital from institutional investors has significantly contributed to the upward momentum of Bitcoin's price.
Unpacking the Demand Dynamics
To better understand the forces driving Bitcoin's price surge, it's essential to examine the various factors contributing to the increased demand:
1. Institutional Investment: As previously mentioned, institutional investors are increasingly allocating a portion of their portfolios to Bitcoin. This institutional buying pressure has a substantial impact on the cryptocurrency's price.
2. Retail Investor Enthusiasm: Retail investors continue to show strong interest in Bitcoin, particularly during periods of market volatility. This retail demand can further amplify price movements.
3. Global Economic Uncertainty: In times of economic uncertainty, investors often seek alternative assets like Bitcoin as a hedge against inflation and currency devaluation.
4. Technological Advancements: Ongoing advancements in blockchain technology, such as the Lightning Network, are enhancing Bitcoin's scalability and transaction speed, making it more attractive to users.
5. Regulatory Clarity: Increasing regulatory clarity in major jurisdictions is boosting investor confidence and facilitating institutional adoption.
The Road Ahead for Bitcoin
While Bitcoin's recent price surge is undoubtedly impressive, it's crucial to approach future price predictions with caution. The cryptocurrency market is highly volatile, and factors such as regulatory changes, macroeconomic conditions, and technological developments can significantly impact Bitcoin's price trajectory.
However, given the strong fundamentals and growing institutional interest, many analysts believe that Bitcoin's long-term outlook remains bullish. As the cryptocurrency ecosystem continues to mature and gain wider acceptance, Bitcoin could potentially reach even higher price levels in the future.
Conclusion
Bitcoin's recent breakthrough to $82,000 is a testament to its growing dominance in the cryptocurrency market. The surge in institutional demand, coupled with other positive factors, has propelled Bitcoin to new heights. While future price movements are uncertain, the long-term potential of Bitcoin remains significant, making it an asset worth monitoring for investors seeking exposure to the digital asset class.
Bitcoin: Is a New Bullish Run on the Horizon? Despite Bitcoin's impressive 50% rise this year, the past six months have been challenging for investors. After the much-anticipated halving event in April, many expected a substantial surge in Bitcoin's price. However, since then, the cryptocurrency’s value has remained relatively stagnant, currently hovering around $68,600. This situation leaves investors at a crossroads: should they continue to invest in Bitcoin with hopes of significant gains, or is it time to explore other high-risk, high-reward alternatives?
The Investment Dilemma: Short-Term vs. Long-Term Outlook
If you are contemplating an investment in Bitcoin, managing expectations for the remainder of the year is crucial. Current predictions suggest that Bitcoin has about a 57% chance of reaching a new all-time high in 2024, making it essentially a coin toss as to whether it will surpass its previous peak of $73,750. The probability of Bitcoin hitting the much-anticipated $100,000 milestone this year stands at a modest 14%, further highlighting the uncertainty in the short term.
However, the long-term outlook for Bitcoin remains optimistic. For instance, investment firm Bernstein predicts that Bitcoin could reach $200,000 by the end of 2025. Visionaries like Cathie Wood, founder of Ark Invest, foresee Bitcoin soaring to $1 million by 2030. Even more ambitious, Michael Saylor, founder and executive chairman of MicroStrategy, believes that Bitcoin could reach a staggering $13 million by 2045.
For investors seeking short-term gains, Bitcoin may not be the best option at present. Tech stocks, such as Nvidia, which has seen a 159% increase this year, could offer more immediate returns. However, for those considering a longer investment horizon—five years or more—Bitcoin still presents a solid opportunity for growth.
Bitcoin’s Role in the Future Financial System
One of the most compelling reasons for Bitcoin’s long-term potential lies in its ability to transform the global financial landscape. Bitcoin is more than just a digital currency—it is underpinned by blockchain technology, which promises faster, cheaper, and more efficient financial transactions. The potential to disrupt traditional financial systems and become a cornerstone of the global economy is what makes Bitcoin an attractive investment.
Cathie Wood likens Bitcoin's potential to that of the "information superhighway" that revolutionized the internet. She envisions a "financial superhighway" where blockchain replaces the internet and economic value replaces digital information. Wood predicts that Bitcoin could reach $1.5 million within a few years, a reflection of its transformative power.
However, it's important to remain cautious about such lofty predictions. While Bitcoin’s revolutionary potential has been touted for over a decade, much of its promise as a viable payment method remains unfulfilled. For example, when was the last time you used Bitcoin for an everyday online purchase? Adoption, though growing, is still not at a level that justifies these sky-high predictions.
A New Wave of Political Support for Bitcoin
One significant shift in 2024 is the rise of political support for Bitcoin in the United States. There's growing awareness that the US is lagging behind other countries in terms of crypto adoption. High-profile politicians, including former President Donald Trump, have started advocating for America to become the “crypto capital of the world” and a “Bitcoin superpower.” The idea of a “Bitcoin arms race” with other nations is gaining traction.
In July, Senator Cynthia Lummis (R-Wyoming) proposed the idea of establishing a national strategic reserve for Bitcoin. She suggested that the US should commit to acquiring 5% of all Bitcoin in circulation, similar to how the country maintains a strategic oil reserve. While this may seem bold or even risky, it reflects the growing belief in Bitcoin’s long-term value.
These political developments add momentum to the optimistic price predictions, but it's important to remember that Bitcoin won’t skyrocket to $1 million overnight, even with the introduction of Bitcoin ETFs or strategic reserves.
Bitcoin’s Price Journey and Future Prospects
Since 2013, Bitcoin has risen from $100 to its current $68,600. If you believe in its continued upward trajectory over the next decade and are prepared to endure the inherent volatility of cryptocurrencies, it might be worth considering an investment while the price remains below $100,000.
However, the question remains: is Bitcoin ready for another major rally?
Technical and Market Insights
From a technical standpoint, Bitcoin is currently sitting on a significant dynamic resistance trendline, which it has failed to break through five times since March 2024. The more a support or resistance level is tested, the weaker it becomes. This suggests that Bitcoin may be gearing up for a potential breakout.
Additionally, the latest Commitment of Traders (COT) report reveals an interesting contrast. Commercial traders, often referred to as "smart money," are increasing their long positions, while large speculators have turned bearish. This divergence could indicate that the institutional market believes a bullish run is imminent, while retail traders remain cautious.
Adding to this, the seasonality pattern from last year showed a strong bullish run starting around this time. Could history repeat itself? The confluence of a weakening resistance, smart money bullishness, and favorable seasonality patterns could point to a new upward movement for Bitcoin.
Conclusion: Should You Buy Bitcoin Now?
Bitcoin's current situation presents a mix of opportunity and risk. While the short-term outlook remains uncertain, the long-term potential for Bitcoin as a transformative force in the global financial system is undeniable. With institutional investors showing increased interest and political support growing, Bitcoin could be on the verge of a significant breakthrough.
For those with a long-term investment horizon and the ability to weather volatility, Bitcoin remains a strong contender in the world of high-risk, high-reward assets. However, if you’re looking for short-term gains, you may want to explore other options like tech stocks, which have been delivering exceptional returns this year.
What do you think? Will Bitcoin finally break through its resistance and embark on a new bullish run? Let us know your thoughts in the comments below.