Accumulation to Breakout: BTC’s Next Target RevealedBitcoin Analysis
After a 47% surge from the first accumulation zone, the price entered a consolidation phase.
Breaking out of the next accumulation zone, Bitcoin rallied by 61%, showcasing strong bullish momentum.
Currently, the price is consolidating again, with a potential 40% upside if the bullish trend continues.
Previous breakout levels now act as key support for any pullbacks.
BTCUSDT
Bitcoin is gearing up for a rally. 120K target Bitcoin after the false breakout of resistance, which is associated with Trump's inauguration did not fall, but only consolidates near resistance. And this, I believe, is a very good sign that the price may continue its trend after exiting the triangle.
Scenario: Since after the strong growth and after the false breakout there is no fall and consolidation is formed, we can expect the continuation of the growth because I also point out a few more things:
- strong trend on senior timeframes
- locally the price does not update the minimums
- resistance retest is formed
- consolidation on the background of the uptrend.
Correspondingly: a break of the triangle resistance may increase buying interest, which may lead to another rally to ATH and even update it to 120K.
Bitcoin Update: Bears Nightmare!Bitcoin decently moved as expected according to my last analysis and now is ranging between 90 - 107K for almost 2 months and now I expect the price to make another last correction to GETTEX:97K and grab the liquidity to make a new leg up to the new all-time high of $130K and start the main move to my ultimate target of $150K. The zone between 154 - 172K will be the final top for BTC in this cycle in my opinion and I will fully close all my positions and execute my profits whenever the price hits this zone. I hope you guys all be in profit and stay safe and always DYOR.
Even if it falls, you should prepare for an uptrend
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The High Boundary Zone has been changed to the 101947.24-103706.66 range.
Therefore, anything above 103706.00 is considered a high range.
However, the basic 106133.74 point is likely to act as resistance.
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The StochRSI indicator is showing a decline to the 50 point range.
Therefore, since volatility is likely to occur, a quick response is required when trading.
Therefore, the point of observation is whether there is resistance near 106133.74.
When a new candle is created, if the StochRSI indicator falls below the 50 point, the key point is whether there is support near 101947.24-103706.66.
If there is support, I think there is a high possibility that the uptrend will continue.
If the StochRSI indicator enters the oversold zone and falls below 101947.24 and shows resistance, you should check whether it touches the BW(0) indicator or the HA-Low indicator.
The 93576.0-34742.35 zone is expected to be an important support and resistance zone.
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It seems that a lot of funds have flowed into the coin market through USDC.
Accordingly, the coin market is likely to show an upward trend soon.
As I said before, for the altcoin bull market to start, BTC dominance must fall below 55.01 and remain there or show a downward trend.
The maximum decline point of USDT dominance is expected to be around 2.84.
After that, since USDT dominance is expected to show an upward trend, the coin market is expected to show a downward wave.
If it goes up by 4.97 or more, I think you can definitely tell that a downtrend is in progress.
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Based on the above coin market cap chart, this uptrend is expected to be the last uptrend.
Therefore, even if the price falls, a trading strategy that prepares for an uptrend is needed.
The point to watch is whether this uptrend can rise to the Fibonacci ratio point of 2.24 (116940.43).
This volatility period is expected to continue until January 31.
The next volatility period is expected to be around February 9-16.
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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.
-
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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HelenP. I Bitcoin can correct to support level and start to growHi folks today I'm prepared for you Bitcoin analytics. In this chart, the price declined to the trend line and then rebounded and started to grow inside the pennant, where it soon reached the support level. After this movement, the price broke this level, which coincided with the support zone and made a retest, after which continued to move up to the resistance level, which coincided with the resistance zone. Then BTC made the small correction, after which in a short time, it rose to the resistance zone and then made a correction movement to the 99500 support level. Next, the price made a strong impulse up to 109560 points (NEW ATH), breaking the resistance level, but soon turned around and dropped back to the trend line. Price some time traded near the trend line and then rose to the resistance zone, after which turned around and started to decline. In a short time, BTC fell to the trend line, broke it, thereby exiting from the pennant pattern also, and then continued to fall. At the moment, the price continues to decline and I expect that BTCUSDT will decline to the support level and then start to grow to the resistance level. For this level, I set my goal at 105800 level. If you like my analytics you may support me with your like/comment ❤️
BTC Update (4H)Bitcoin seems to have made a strong bullish move, and an important knot has been cleared. This clearing will likely retrace downward but with a time correction.
The target is the green circle.
Closing a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BTCUSD - Will history repeats itself ?This post is just a correction from a post I made last month
I missed on identifying correctly the pattern because I thought the middle of the channel would act as a strong support
ended up being wrong on the timing of the next wave up - not a big deal tho
I also profit of this moment to update the fractal path that's BTC is doing, as you can see the asset is just copying move from last year (in violet) this is quite interesting because it did this the whole cycle, i don't remember seeing this before but maybe i'm wrong
so yeah the violet bar patterns says we go great wave up in a few days can you believe it ?
i'll start to take profit next month but not sure 100% id like to see what is going to do Pectra update on Eth's price
Here's a bigger picture i made in November still working very well :
not financial advice
Cheers
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Buy entry should break and retest the neutral level (102,000)
Sell Entry Pullback at the neutral level (100,000)
Stop Loss 🛑: Using the 4H period, the recent / nearest Pullbacks.
Goal 🎯: Bullish Robbers TP 11500 (or) Escape Before the Target
Bearish Robbers TP 84500 (or) Escape Before the Target
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The BTC/USD is expected to move in a bullish direction, with the price potentially resuming its uptrend after a period of turmoil in late December and early January. The strong bullish trend and slight short-term decrease suggest that traders may consider trading only long positions.
To take a trade, consider the following:
Analyze the market trend: Look at the overall trend of the BTC/USD pair and identify any potential support or resistance levels.
Monitor market news and events: Keep an eye on any news or events that could impact the price of Bitcoin, such as changes in regulations or adoption rates.
Use technical indicators: Utilize technical indicators like moving averages, RSI, and Bollinger Bands to help identify potential trading opportunities.
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The fundamental analysis of Bitcoin is aimed at determining where the price of the asset is headed, with models like the stock-to-flow model predicting prices based on the rate of new bitcoins being added to the network relative to the existing supply. Additionally, macroeconomic events like increasing monetary bases of fiat currencies can lead to inflation, which may drive up the demand for Bitcoin as an inflationary hedge.
Here's a fundamental analysis for BTC/USD, along with market sentiment percentages:
Overall Trend: The BTC/USD pair is expected to move in a bullish direction
Bullish Sentiment: 65%
Bearish Sentiment: 30%
Neutral Sentiment: 5%
Market News and Events: The upcoming events, such as the Bitcoin halving and the increasing adoption of cryptocurrencies, are expected to drive the price of Bitcoin up.
Bullish Sentiment: 70%
Bearish Sentiment: 25%
Neutral Sentiment: 5%
Technical Indicators: The technical indicators, such as the moving averages and RSI, are indicating a bullish trend.
Bullish Sentiment: 60%
Bearish Sentiment: 35%
Neutral Sentiment: 5%
Fundamental Analysis: The fundamental analysis of Bitcoin, including the stock-to-flow model, is predicting a bullish trend.
Bullish Sentiment: 75%
Bearish Sentiment: 20%
Neutral Sentiment: 5%
Macro-economic Events: The increasing monetary bases of fiat currencies and the potential for inflation are expected to drive up the demand for Bitcoin as an inflationary hedge.
Bullish Sentiment: 80%
Bearish Sentiment: 15%
Neutral Sentiment: 5%
Overall, it's essential to stay informed about market trends, news, and events, and to use a combination of technical and fundamental analysis to make informed trading decisions
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
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BTC: broadening wedge or channel retest? Bullish or bearish?There are three possible patterns in formation right now, two of the which would be bullish and one bearish. I'm not 100% on which one I'd pick so I'll present here the three cases.
right-angled broadening wedge (the bullish case):
- check the following links www.forex-central.net and www.centralcharts.com
In this case we should expect a dump to the 86K levels and then a bounce back to breakout and push price to 125K:
right-angled broadening wedge (the bearish case): see the previous links for the examples. In this case the wedge support wouldn't hold breaking down and bringing price to the 75K area. Notice that the upper resistance of the wedge shows alsoa double top which is a very bearish pattern:
descending channel retest: for this case I've used the coinbase's chart, it's just because the chart is less messy. As you can see the break out happened already days ago and this could be the retest of the previous R. This is a bullish case that would make price bounce to 109K
At the moment I don't know where to lean because my gut says market are overreacting to this AI fuss so I stay open to any possibility and I'm not doing any margin trade, just buying what I think has potential.
Good luck
BTCUSDT H8 :NEW Update RoadmapIf we look at it purely from a technical perspective, the only support that this entire structure holds is the flag limit which is located between 89000-91000
The worst possible scenario is to see a fake out to 115000-113000 and from there to 75000
SecondChanceCrypto
⏰ 27/Jan/25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
HelenP. I Bitcoin can drop from resistance level to $98K pointsHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price declined to the support level, which coincided with the support zone, and started to trades close. A few moments later, BTC rebounded to 100K points, after which made a correction back to the 93500 support level and even fell to the support zone. After this, the price turned around and started to grow to a resistance level. When BTC reached this level, it rebounded, dropped back to the support zone, and even lowered to 91K points. Then the price tried to grow, but failed and declined to the trend line. But soon, the price turned around and made a strong impulse up to the resistance level, which coincided with the resistance zone, broke this level, and continued to move up. Bitcoin reached a new ATH and then made a correction back to the resistance area, where it some time traded and a not long time ago reached the trend line, broke it, and dropped below the 102700 level, breaking it too. So, in my mind, BTCUSDT will reach a resistance level and then rebound down. For this case, I set my goal at 98K points. If you like my analytics you may support me with your like/comment ❤️
Bitcoin’s Next Move: Long Setup or Deeper Correction Below $95K?As I expected , Bitcoin ( BINANCE:BTCUSDT ) continued to fall to the Support zone($101,280-$99,500) , and it even seems that it has broken .
Bitcoin is moving near the Support zone($101,280-$99,500) , a set of support lines , the 50_SMA(Daily) , and the Monthly Pivot Point .
According to the theory of Elliott waves , Bitcoin seems to have completed the main wave 3 and is completing the main wave 4 .
I expect Bitcoin to follow the Roadmap I outlined in my chart in the coming hours . Because Bitcoin is near the set of support parameters , I chose the label of this idea as LONG .
Note: Like the previous Mondays, the purchase MicroStrategy company continues buying Bitcoin=>"MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion."
Note: If Bitcoin can touch $104,200, it will fill the CME Gap($105,500-$104,695) in the next step, and it is possible to form a new All-Time High(ATH).
Note: If Bitcoin goes below $95,000, we should expect more corrections from Bitcoin.
Has the main Correction of Bitcoin started!? Please share your ideas in the comments.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour 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.
BTCUSD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ crypto Traders SMC-Trading Point update you on New technical analysis setup list time post signals 💯 reached target 🎯 point now post NEW analysis setup BTC USD. Tast diamond zone orderblok take. Bullish trend 📈 🚀 patterns 109k target 🎯 point ☝️
Key resistance level 101k) 105k)107k) 109k)
Key support level 98k) 97k)
Mr SMC Trading point
Support 💫 My hard analysis setup like And Following 🤝 me that star ✨ game 🎮
Bitcoin Range Structure; Ready for Breakout and a Move to $122K💹 Bitcoin has been ranging between $90,000 and $108,000 for the past two months. Initially, it completed a five-wave pattern forming a wedge and reached the top of the range.
🔄 After that, a three-wave correction occurred to the $90,000 level, where buyers supported the price. Now, a new move is starting toward the top of the range.
🚀 This new move appears to be an impulsive wave aiming to break through the $108,000 level.
⚡ Before this breakout, the price has entered a correction phase, which is likely forming a Kazimodo pattern.
🎯 If the $108,000 level is broken, the first target will be $122,000. With this breakout, higher targets will be within reach, and the bullish trend can continue.
✅ Stay alert for price reactions at the support level and be ready for new signals to enter the market.
Possible Double Top? What to expect?So BINANCE:BTCUSDT hit and checked 105k-108k area twice in last month. That means it is Double Top pattern in either 4H and 1D timeframe. And there is another thing concerning me and it might lead to 75k. As you can see it is also possible that BINANCE:BTCUSDT made triple top too and MACD is making huge divergence, so we might see new low in next few weeks or months.
btcI don't know why this is in my mind.
If it breaks the green support, first make sure that the break is real and this drawing will be canceled. And be sure to check that the break is not fake
The next topic is the one-hour time frame, which I see as a resistance in the orange line. And maybe it wants to make a similar move like the blue line. This is just an opinion and should not be the basis for your buying and selling.
Bitcoin Advisory Report Date: January 26, 2025Bitcoin Advisory Report
Date: January 26, 2025
Prepared for: Investors and Traders
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Current Market Overview
Bitcoin (BTC/USD) is trading within a tight consolidation range between $106,250 and $103,600, signalling an indecisive market phase. A breakout beyond this range will determine the next directional move.
• Median Level Support: $100,000 continues to act as a minor support zone, absorbing selling pressure.
• Major Support Level: $75,000 provides a strong foundational level for Bitcoin, expected to prevent deep sell-offs.
• Major Resistance Level: $125,000 remains a significant barrier for bullish momentum.
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Technical Analysis
Key Observations:
1. Consolidation Channel:
o Bitcoin is currently oscillating within a defined range of $106,250 (resistance) and $103,600 (support).
o A breakout above $106,250 could lead to a bullish rally toward $108,000 in the short term.
2. Momentum Support Levels:
o Protecting the $104,500 level is critical to maintain bullish momentum for an upward move.
o Failure to hold $104,500 may result in a retest of $103,600 or lower levels.
3. EMA and VWAP:
o The exponential moving averages (EMAs) suggest mixed momentum. The EMA 8 crossing VWAP indicates possible short-term buying pressure if sustained.
4. Volume Analysis:
o The current trading volume is relatively low, which suggests that market participants are awaiting confirmation of a breakout. A rise in volume will be a key indicator of a decisive move.
5. Short-Term Target:
o Based on momentum indicators, if Bitcoin holds $104,500, an upward rally toward $108,000 could be realized by Monday, January 27, 2025.
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Fundamental Points
1. Market Sentiment:
o Positive institutional adoption and Bitcoin ETFs have bolstered long-term investor confidence.
o Macroeconomic factors, such as stable interest rates, are supporting risk-on assets like cryptocurrencies.
2. Regulatory Climate:
o Globally, regulatory acceptance for digital assets is increasing, especially with developments in Bitcoin's use in remittance systems.
3. Supply Dynamics:
o Bitcoin's limited supply (halving effects) continues to serve as a bullish catalyst over the medium to long term.
4. Global Economic Factors:
o Inflation concerns have driven investors toward Bitcoin as a hedge, reinforcing its status as digital gold.
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Recommendation
Buy Scenario:
• Enter a buy position if Bitcoin decisively breaks $106,250, targeting $108,000 initially, with a stop-loss set at $104,500.
• Consider scaling into positions if price momentum continues upward toward $110,000.
Sell Scenario:
• Consider a short position if Bitcoin breaks $103,600, targeting $101,000, with a stop-loss set at $104,500.
• Prepare for further downside risk toward $100,000 (minor support) and possibly $75,000 (major support) if selling intensifies.
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Conclusion
Bitcoin is at a pivotal technical juncture, with the $106,250 to $103,600 range holding the key to short-term price direction. Protecting $104,500 is crucial for bullish momentum, with upside potential toward $108,000. Conversely, failure to maintain support at $103,600 could lead to a bearish retest of lower levels. Investors should watch for volume spikes and breakout confirmations to make informed decisions.
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