Bitcoin IdeaHi everyone,
I'd like to share my perspective on Bitcoin's BINANCE:BTCUSDT potential price action.
In the medium term, I anticipate a simple sinusoidal movement, characterized by a decline to the $86,000 - $85,000 range within the 4-hour timeframe. This projection aligns with my ultimate price target.
Furthermore, this anticipated movement is unfolding within three discernible bearish channels, encompassing both mini and macro scales.
I hope this insight proves valuable for your analysis and trading decisions.
Best of luck, and happy trading!
BTCUSDT
Will Bitcoin hit $110,000? Are you ready for 17% profits?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 outlook for the crypto market is largely positive. After the usual holiday lull, which often causes temporary price dips, we're seeing a surge in market volume. This increase signals renewed interest from investors, which is a bullish sign and could indicate rising prices soon. Bitcoin, in particular, might be on track to hit new all-time highs. 📚✌️
Technically, the charts show solid support levels, suggesting that upward momentum could continue, leading to potential gains of 17% in the near future. 📚✨
🧨 Our team's main opinion is: 🧨
After the holiday slowdown, rising volume and strong support could drive Bitcoin to new highs, with potential 17% gains.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
BTC/USDT 4-hour chart !!The BTC/USDT 4-hour chart highlights key technical levels and potential market movements:
Bitcoin has rebounded strongly from the green horizontal demand zone near $92,000-$94,000, indicating that buyers are coming to defend this crucial level.
A descending trendline continues to act as resistance around the $98,000-$100,000 range. A breakout above this line will signal a shift in momentum towards the bulls.
The recent surge indicates renewed buying interest, and if Bitcoin maintains this upward momentum, it could challenge the descending trendline in the near term.
A breakout above this resistance could open the door for further gains, potentially targeting the $102,000-$105,000 range.
Moving Averages:
The 21-period moving average is currently at $94,105 and could act as a dynamic support level if the price pulls back.
A clean break above the descending trendline could start a strong upward rally, with higher price targets in sight.
If Bitcoin fails to move above the trendline and reverses, retesting the green demand zone becomes possible. A breakdown below this zone could trigger further upward pressure.
Traders should keep an eye out for a decisive breakout or rejection at the trendline to confirm the market’s next direction.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
BTCUSDT. Analysis of the daily timeframeHey traders and investors!
Daily Timeframe Analysis
On the daily time frame, there is a sideways range. Its boundaries are marked on the chart. Yesterday, January 13, the price interacted with the lower boundary of the range at 90,500. 33% of the volume was accumulated in the 91,000-92,000 range (blue band on the chart), which is above the boundary. The quick buy-up is not always favorable for the buyer. A more favorable situation for the buyer would have been if the volume had been gathered below the boundary. Now, there is some unfinished business below 90,500. We’ll see how the situation develops.
The current buyer vector is 8-9, with a potential target of 102,724 (103,333, 108,353). There are several obstacles in the buyer's path: 95,836, 97,268, and above, the seller’s zone formed at the beginning of vector 7-8 (red rectangle on the chart).
1H Timeframe Analysis
On the hourly time frame, there is also a sideways range. Its boundaries are marked on the chart. The current buyer vector is 9-10 with a potential target of 99,963 (102,724).
Purchases can be considered (buying patterns) on the hourly time frame in the range of 93,100-94,127, where there are two bars with increased volumes and the upper boundary of the range where yesterday’s volume was traded.
You can also look for purchases around 91,530-90,500, but first assess whether any new obstacles for the buyer have formed on the hourly time frame as the price moves toward 91,530.
I wish you profitable trades!
Resistance Broken? BTC Aims for $96K!Falling Trendline Breakout
Bitcoin has broken above a descending trendline resistance, indicating a potential shift in momentum from bearish to bullish.
Entry Zone
The recommended buy zone is $91,500 to $90,500. Price is currently within this range, making it an ideal area for a long entry.
Stop Loss
A tight stop-loss at $89,500 helps minimize downside risk if the breakout fails.
Targets
Target 1: $92,000
Target 2: $93,000
Target 3: $94,000
Target 4: $95,000
Target 5: $96,000
Risk Management
Stop-loss placement is critical to avoid potential losses, with a strong downside risk below $89,500.
Recommendation
Watch for a sustained close above the breakout level and monitor volume confirmation for continued upside momentum. This trade aligns well with a bullish reversal structure and offers multiple profit-taking levels.
1D:GRT- POTENTIAL SETUP. GRT ALWAYS FOLLOWS TECHNICALS!GRT Potential Long Setup-\
FYI- This is technically not a valid harmonic pattern, however it is within reasonable parameters, BUT...
IF you seen my last GRT setup, you would know what GRT can do these similar conditions. GRT has reached the .86 retrace from last swing high/low and corrected accordingly. Now we yet again a similar structure along with the Bullish Divergence on the 1D chart.
GRT needs to retest the .20 cent mark and retain this price to have the best likely chance of another strong push.
AGAIN, NOT CONFIRMED YET
NEED TO RETAIN AND RETEST 0.20 LEVELS IF YOU ARE RISK ADVERSE. YOU COULD ENTER HERE, HOWEVER A TIGHT STOP LOSS WOULD BE A GOOD IDEA JUST IN CASE...
I attached my prior setup I posted here for the last GRT Long
GLHF
Important support and resistance zone: 93576.0-94742.35
Hello, traders.
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Have a nice day today.
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(BTCUSDT 1D chart)
The key is whether it can receive support near the important support and resistance zone of 93576.0-94742.35 and rise above 97461.86.
A short-term uptrend is expected to be possible only if it rises above 97461.86.
The support and resistance zones are marked with circles.
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(30m chart)
The point to watch is which direction it deviates from the 92792.05-97461.86 section and maintains.
If it meets the HA-Low indicator and rises, it is highly likely that it will re-determine the trend when it meets the HA-High indicator.
This is the same as the BW(0) and BW(100) indicators.
If the 5EMA of the 1D chart > M-Signal of the 1D chart changes, it is highly likely that it will show a short-term uptrend.
In order to continue the short-term uptrend, it must show support near 97461.86.
If not, the 97461.86 area will act as resistance.
Since the StochRSI indicator has touched the 100 point, we need to see if it can rise above 94742.35 and receive support.
Since the 5EMA and BW(100) indicators of the 1D chart are passing near 94742.35, it confirms that the area around 94742.35 is an important support and resistance area.
The 94742.35 point is the HA-High indicator point of the 1W chart.
If it goes down, it is important to see if it can be supported by the HA-Low indicator, BW(0) indicator, and 93576.0.
The 93576.0 point is the BW(100) indicator point of the 1M chart.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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4HR:BTC Do or Die. Bullish Divergence W/ Possible Double BottomBTC at key levels here. We either reclaim these levels and confirm a double bottom or break down some more, which would confirm the Head and Shoulders and likely fall to 90k. The H&S potential neckline is where we are now.
Good News: There is Hidden Bullish Divergence On The MACD and momentum is gaining to make a push to regain this key inflection point.
Toss Up. I'm neutral.
Bitcoin's Double Bottom Reversal1.Double Bottom Formation
Bitcoin has formed a double bottom pattern, signaling a potential bullish reversal.
The second bottom was created around $89,200, which acts as a strong support level.
2.Neckline Resistance at $91,200
The neckline of the double bottom pattern is at $91,200.
A daily close above $91,200 is crucial to confirm the breakout and initiate an upward move.
3.Bullish Scenario
If the price successfully breaks and closes above the neckline, a long position can be considered.
The breakout could lead to a potential price target of higher resistance zones, depending on momentum.
4.Risk Management:
If the price fails to sustain above $91,200, a retest of lower support ($89,200) could occur.
5. Key Levels to Watch
Support: $89,200
Resistance : $91,200 (neckline)
Bitcoin is showing signs of a bullish reversal from the double bottom pattern. Keep a close eye on the neckline breakout for confirmation before entering long positions.
Bitcoin update 11 Jan 2025I don't often post bitcoin updates, not because I don't have anything to say, but because I understand what phase of the market we are in.
This phase as I said earlier in the posts is called distribution which will last until September 2025. After that I am expecting a correction of 50%+ from the put peak.
I have already made an assumption what reversal formation we will make.
Locally, it's January 11, 2025.
It is the beginning of the year, the market has already played Trump's presidency and as a classic “buy on rumors, sell on facts” the inauguration will be very soon, and I think the market will react down in a week. But after the positive news will continue, but we are unlikely to see in this cycle 200k for 1 bitcoin, but for me it will be a surprise. There will be a lot of talk about bitcoin. At the end of the year there should be euphoria with the new head of SEC pouring honey in the ears of crypto holders.
I'm not listening to anyone, I'm moving forward with my plan.
If you're reading me, there hasn't been a post in this series in a long time that I've changed my point of view.
I've actually started trading less cryptocurrency, it's now position trades on cycles. And it got a little boring.
So I've tapped into the traditional markets. And I'm more actively focused on them. If you're interested in any question, ask in the comments.
Best regards EXCAVO
TRUMP PUMP? MORE LIKE TRUMP DUMP!!! WHERE DOES BITCOIN STOP?Bitcoin is losing support and on these higher timeframes it looks rough as a dogs bum.
Will the pain stop?Yes, but it will be shortlived, it will give bulls enough hope to fomo back into longs before crushing their souls and their pensions.
Good luck.
Why Bitcoin is going down, Reason? - fxdollars- {13/01/2025}Educational Analysis says BTCUSD may move DOWN from this range, according to my technical.
Broker - COINBASE
Because the BTCUSD pair showed some bullish weakness, it finally did liquidity, which was taken out on buy-side orders to show a sign of a downtrend, and I am looking to counter-trend this position.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
BTC.D Death Cross Formation:
The “death cross” occurs when the short-term moving average (50-day MA) crosses below the long-term moving average (200-day MA).
This is considered a bearish signal, often indicating a potential decline in the market.
In your chart, the highlighted circle represents this potential crossover or the situation after it.
The narrow trendline indicates a symmetrical triangle or wedge formation, where the price consolidates before the breakout.
The breakout direction appears to be initially upward, breaking above resistance but eventually moving downward.
The blue horizontal line at around 59.21% dominance is a key resistance area.
Bitcoin dominance has broken above the triangle for some time but may struggle to remain above resistance.
After initial upward movement, the chart suggests a downward trajectory, possibly retesting lower dominance levels (towards the 55.50% and 54% areas).
This implies a potential altcoin resurgence or broader market uncertainty if BTC.D declines.
The red and green moving averages are important in defining the current trend.
A bearish cross between these moving averages aligns with the death cross narrative and signals caution.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
Bitcoin Aligns with the 2017 Cycle ModelThere’s growing speculation that the current Bitcoin cycle mirrors the market behavior seen in 2017.
Intrigued by this, I conducted my own analysis. I overlaid the 2014–2017 cycle pattern onto the current chart for comparison.
The results?
A striking resemblance in both the overall shape and the distinct correction and impulse phases.
It seems history may not repeat itself exactly, but it certainly rhymes. 📊
Bitcoin is Ready to Attack Heavy Support Zone!!!Today, January 10 , key U.S. employment data , including Average Hourly Earnings , Non-Farm Employment Change, and the Unemployment Rate , were released, influencing global markets, including Bitcoin ( BINANCE:BTCUSDT ).
Stronger-than-expected employment figures suggest a robust economy, potentially leading the Federal Reserve to maintain or increase interest rates. Higher interest rates can strengthen the U.S. dollar ( TVC:DXY ), making Bitcoin and other cryptocurrencies less attractive as alternative investments , possibly exerting downward pressure on their prices.
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Bitcoin started to pump from the Heavy Support zone($93,400-$90,000) , as I expected . ( Bitcoin allowed us to enter a long position two times .)
Bitcoin is moving near the Resistance zone($96,800-$95,520) , the upper line of the Ascending Channel , and near the 50_SMA(Daily) .
According to Elliott's wave theory , Bitcoin seems to complete wave C of Zigzag waves(ABC/5-3-5) . At best, wave C could rise to $99,000 (but unlikely).
I expect Bitcoin to go down based on today's US employment data and the fact that the U.S. DoJ received court approval to sell 69,370 BTCs . Bitcoin will attack the Heavy Support zone($93,400-$90,000) again soon, and this attack may be able to break this zone .
⚠️Note: If Bitcoin goes above $99,000, we can expect more Pumps.⚠️.
⚠️Note: We should expect more dumps if Bitcoin touches $93,500 before reaching the Resistance zone($96,800-$95,520) again⚠️.
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Top?BTC has potentially formed a top, as mentioned in my previous article, where I discussed the psychological significance of the $100k mark and how the market might react around it.
The market appears uncertain at this level, and if the $92,500 support breaks, we could see a sharp move toward the $79,500 region. Key levels to watch are $73,000 and $53,000.
I am currently short at $100,200, with a trailing stop set at $97,500.
"INJ support at $17.30-$18.30, potential reversal to $27-$45." INJ/USDT Detailed Chart Analysis and Trade Plan
This analysis aims to provide an in-depth view of the current market structure for INJ/USDT, highlighting a potential reversal zone and long-term upside targets.
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#1. Current Market Structure Analysis
- Support Zone: $17.30 - $18.30
- This range aligns with a visible **Fair Value Gap (FVG)** and a potential **bullish order block** from historical price action.
- INJ has consolidated around this zone, indicating a strong **buying interest** from previous liquidity sweeps.
- Why is this important?
- FVGs are areas where price has moved rapidly, often leaving inefficiencies that the market tends to revisit. Coupled with the order block, it strengthens the probability of reversal.
- RSI Oversold Signal:
- The **Relative Strength Index (RSI)** is at **38.49**, nearing oversold levels. Historically, bounces occur when RSI enters this zone, indicating that sellers may lose momentum.
- EMA Levels (Resistance):
- The **50 EMA ($23.62)** and **200 EMA ($23.52)** are acting as resistance. A breakout above these levels would likely confirm a stronger bullish reversal.
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2. Reversal and Upside Targets
- Take Profit Levels:
- Target 1 (TP1): $27.30
- This corresponds to a prior liquidity zone where sell-side pressure emerged. Price may face resistance here before breaking higher.
- Target 2 (TP2): $35.00
- This level aligns with a significant **swing high** and an untested order block, providing a more ambitious long-term target.
-Target 3 (tp3) :45$-50$ for long term .
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3. Key Levels and Trade Setup
| **Zone** | **Price Range** | **Action** |
|-----------------------|------------------|--------------------------|
| **Support Zone** | $17.30 - $18.30 | Look for long entries |
| **Stop Loss (SL)** | Below $16.80 | Risk management |
| **Take Profit 1 (TP1)** | $27.30 | Partial exit |
| **Take Profit 2 (TP2)** | $35.00 | Final exit |
**Position Scaling** | Add $45-$50 near confirmation signals to build a stronger position |
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4. Sentiment and Fundamental Factors
- Injective Protocol's Key Strengths:
- Known for **high-performance Layer 1 blockchain** optimized for DeFi and decentralized exchange (DEX) applications.
- Recently, INJ has seen increased adoption with features like **decentralized perpetuals**, cross-chain bridging, and seamless liquidity.
- Bullish Catalysts to Watch:
- Ecosystem Growth: Partnerships or developments in **DeFi adoption** and higher trading volumes on Injective-based DEXs.
- Protocol Upgrades: Any enhancements that improve the scalability, security, or interoperability of the platform.
- Macro Market Trends: Bullish momentum in the broader crypto market could act as a tailwind for INJ.
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5. Risk Management
- Entry Precision:
- Set limit orders near $17.30–$18.30 to capture entries at optimal levels.
- Risk/Reward Ratio:
- Assuming a stop loss at $16.80 and TPs at $27.30/$35.00, the
-risk/reward ratio exceeds 3:1, offering a favorable trade setup.
6. Final Notes
This trade is structured around the following:
- Strong confluence of technical indicators.
- Positive sentiment in the **DeFi space**.
- Potential for a broader crypto market rally.
If the price holds above the $17.30–$18.30 zone and breaks the EMAs, the likelihood of a bullish breakout increases significantly.
Should we expect the market to crash in the next few days?I have always believed in Bitcoin's bullish market, but the current state of Bitcoin and altcoin charts is disastrous. For the first time during a bull run, the price growth is moving very slowly, and altcoins are unable to rise.
It seems that in the coming days, we might witness another drop, which could lead to Dogecoin experiencing a correction of around 30%, and other altcoins could also face similar declines to varying degrees.
The state of Bitcoin dominance is not promising at all, and it’s likely to return to the +60 range.
Altseason might happen in about six months, but a market crash could occur during Trump’s inauguration ceremony. Perhaps Trump could be assassinated or make remarks that trigger this crash (these are all speculations).