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BTCUSDT

$BTC at a Crossroads: Which Direction Will It Take? 1. Overall Market Trend in 2024: - The chart illustrates a strong bullish movement in 2024, pushing Bitcoin from around $23,000 to higher levels. This rally eventually reaches a peak near $74,000, marking a key resistance level on the chart. 2. Fibonacci Levels: - Fibonacci retracement levels have been drawn from the previous upward move, showing key levels at 0.5 (61,417), 0.618 (64,598), 0.79 (68,858), and 1 (74,121). These act as potential support and resistance zones as price consolidates. 3. Symmetrical Triangle Pattern: - A symmetrical triangle is evident on the chart, forming since mid-2024. This pattern indicates market indecision and signals that a major breakout may be imminent. - The resistance and support lines of this triangle are clearly outlined, suggesting a strong price movement in the event of a breakout. 4. Key Price Levels: - The current price is around $63,212. - Two possible targets are visible following a breakout: - Bullish Target: If Bitcoin breaks to the upside, the chart suggests a potential rally toward $100,000, a highly optimistic price target. - Bearish Target: On the downside, a move toward $23,000 is expected if the triangle breaks lower, marking a crucial support level. 5. Support and Resistance Zones: - The purple shaded areas represent significant support and resistance zones where the price has reacted multiple times. The current price is compressing between these zones, awaiting a decisive move. 6. 2025 Forecast: - The green arrows and projected lines suggest two potential outcomes for 2025: - Bullish Scenario: A breakout to the upside, with Bitcoin targeting the $100,000 level. - Bearish Scenario: A downward move could see the price retracing back to $23,000 as a key support. My Analysis: The symmetrical triangle pattern and price compression signal that the market is gearing up for a strong movement, though the direction remains unclear. The eventual breakout of this triangle will be crucial in determining Bitcoin's next significant move. If the price breaks upwards, it could target higher levels, potentially surpassing the $100,000 mark. Conversely, a downside breakout may result in a sharp correction towards the $23,000 support zone. In terms of risk management, it's prudent to wait for a confirmed breakout before committing to a particular direction, as the subsequent movement is likely to be significant. What’s your opinion on Bitcoin's trend? Share your thoughts in the comments!
by ScorpionX_Co
1
BTC/USD Week Chart Retrace to $70,026In this idea I illustrate how a set of ascending scallops move in regards to each other. Highlighted in the chart is the first scallop that took us to justs above 100k. I know everyone is bullish and there will be dissenting views, but hear me out. The bull run is not over this is just natural movement. The first scallop almost always retraces to the left top of the hook to form the rounded bottom of the second. This scallop retraces the farthest of any in the set. I hope this helps and it looks like we will resume upwards movement in January. Blessings to you guys and long live bitcoin. ND
BITSTAMP:BTCUSDShort
by The_New_Disciple
7
BITCOIN - Price can little correct again and then continue riseHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago BTC started to grow inside rising channel, where it at once made correction, breaking $72300 level. Then, the price bounced from the channel's support line, broke the $72300 level again, and continued to move up in channel. Later BTC reached $93000 level, some time traded near in support area, and later broke this level too. Next, price rose to resistance line of channel, after which made correction to support level and then continued to grow. Price rose to $104100 (new ATH), but a not long time ago it made correction to support level and then started to rise. Now, I think that Bitcoin can decline a little and then continue to move up to $107500 in rising channel. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
12
Bitcoin Cycles: patternsThe Bitcoin chart shows the following patterns: 1. Halving, approximately every 1400 days. 2. 427 days from cycle high to cycle low. 3. From halving to cycle high - 518 days. 4. Each cycle low hits the previous peak. 5. After the correction, the price works out the Fibonacci levels of 2.618 and 3.618. Based on these patterns, we can make the following conclusions: 1. The high of the current cycle should be in September 2025 at $150-200k. 2. The low should be in November 2026 at $65k. 3. If the next halving occurs in March 2028, the cycle high will be in August 2029 at $400-500k.
BITSTAMP:BTCUSDLong
by danil_air
Bitcoin is showing weakness in bullish momentumBitcoin is showing weakness in bullish momentum, with a confirmed bearish divergence in the RSI on the Daily, 12H and 8H timeframes. The bulls will need to defend the 98,600 level to maintain bullish momentum. If the bulls are able to defend the 98,600 level, we could see a price movement up to 110,000 to 112,200. In order for this to happen, the RSI will have to hold the 50 level as support and then break the bearish divergence trendline that is currently in play on the 8H TF. However, if the bulls lose that level, the bears could take over and send the price down to 87,500 level and potentially down to 72,000.
BYBIT:BTCUSD.P
by AG_Banti
dogecoin target 1. Ichimoku: • Senko Span A and B: The Kumo cloud indicates that the price is currently in a bullish zone. • Tenkan-sen and Kijun-sen: A positive cross between these lines suggests a potential bullish trend. • Lagging Span: Positioned above the price chart, confirming the upward trend. 2. Levels: • Target 1 (1.92%): The first nearby resistance. If broken, the price may move toward Target 2. • Target 2 and Target 3: The next resistance levels are at 2.10% and 2.13%, respectively. • Gold Target (2.39%): A major resistance level, breaking which would confirm a strong bullish movement. 3. Supports: • The first key support is at 1.87% (aligned with the Ichimoku base line). • A lower support is at 1.75%, where a potential bounce could occur if the price declines. 4. MACD: • The histogram is positive, indicating buying pressure. 5. Conclusion: • Breaking the 1.92% resistance would confirm a bullish trend. • In case of a pullback, the 1.87% support is critical. • Trade volume should be monitored to confirm the strength of the trend.
CRYPTOCAP:DOGE.DLong
by traderabbasi
Scratch 100K mark, 110K ON TARGET Before Deep Correction!!Had anticipated the price to clear the 100K mark. Although it has found it difficult staying above said level I do expect this to be just a transitory resistance. Given the pattern that we are trailing, wave 3 seems to have some incomplete moves to the upside still. Wave four has not been confirmed yet, thus we could see a sideways move to consume more time before the thrust upwards to complete the higher degree wave three. That being said I have a strong suspicion that wave four shouldn't fall below the established 92,150 low. A possible target to the upside is the fib cluster formed between 107,650 (wave 5 = 100% waves 1-3) and 109,450 (361.8% of wave(5)s internal wave 1). Somewhere along this zone we should see a deep retracement down before heading for new high once more. Happy Trading :)
BITSTAMP:BTCUSDLong
by HydraFinance
1
Alikze »» BITCOIN | Wave 3 of 3 bullish super cycle scenarioAccording to the previous analysis regarding Bitcoin, it is moving in a long-term ascending channel in the monthly time frame. 💎 Currently, according to the type of behavior and movement structure, it is in wave 3 of 3 super cycles. 💎 But since 2018, after a movement cycle and a correction in the form of a three-wave to the bottom of the channel in the range of $16,000, this correction ended. 💎 After that, it started another kinetic wave, which ended in the support range of the green box of its corrective wave 2, and is currently in wave 3, which overlaps with 100% Fibo of the previous wave, which is the range of $78,000. 💎 If this current wave 4 correction wave has started, it can be reviewed according to the analysis of the previous post ( here ), which you can follow its updates by referring to that post, at the same time, this wave should not enter the territory of wave 1. The chart is specified. In that case, the post should be updated and the scenario should be checked instead. 💎 But in its super cycle, as mentioned, this wave is in wave 3 of 3, which will have the ability to reach the red box numbers of the specified supply limit and up to 1.618 fibo to the range of $369,000. 💎 Going through a full cycle of 5 waves will have the ability to reach the range of $2,700,000. Please note that these numbers are in the monthly time frame and it is natural that the time to reach these goals will certainly require more time, which should be reviewed and updated step by step. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
BITSTAMP:BTCUSDLong
by alikze
4
Bitcoin Bullish Break: Buying Opportunity After Resistance🌀 Analysis: Bitcoin has completed its abc correction and formed an inverse head and shoulders pattern. The rapid price recovery after the recent dump indicates strong buying interest and the potential for a continuation of the bullish trend. Currently, Bitcoin may experience a small correction or directly break the key resistance at $102,200. If this level is broken, which aligns with the neckline of the inverse head and shoulders, it will signal the start of a new upward wave, potentially driving the price toward higher targets. 🎯 Trade Setup: Trade Type: Long (Buy) Entry: $102,200 Target: $112,000 Stop Loss: $98,500 ⚡ Notes: Wait for confirmation of the resistance break before entering. Apply proper risk management and adjust trade size accordingly.
Long
by arzdigitalistha
path to 100kgm, as we continue to consolidate and fear begins to rise, it becomes blatantly clear to me as to what is truly going on. we're clearly in a fourth wave. fourth waves are notorious for creating fear, uncertainty, and doubt. they make you question weather the trend is truly over, they bore you with sideways price action which makes you hand over your hard earned coin to the one who is re-accumulating, in preparation for the next mark-up phase. the person who is accumulating will buy everything you have to sell, 1:1. not a penny more. whenever you run out of coin to sell, the accumulator will begin the mark-up phase, and you will likely begin to fomo back into the market after awhile, which will cause an aggressive \ parabolic push up. --- this is a time for accumulation, not for capitulation. --- w5 target = 100k --- 🌙
Long
by notoriousbids
17
bitcoin hits 749k into 2025.gm, in previous cycles, the duration from cycle low to cycle high has typically been roughly 1,000–1,100 days. currently, we are 742 days in, which suggests we still have about a year until the "expected top." this projected top also aligns with the global liquidity index in q4 of 2025. the way i interpret this current structure is straightforward: from the november 2022 low to the march 2024 high, the price action visually resembles five waves up. this is followed by a clean three-wave correction into august of 2024. from the low in august of 2024, bitcoin appears to have formed a clean five-wave impulse to the upside and is now approaching a top. in theory, once this top is established, we should expect a three-wave corrective move to backtest the previous support. this support corresponds to the 2021/2024 highs and the previous accumulation zone. hypothetically, backtesting the prior supply zone would likely liquidate many late long positions, providing a full sentiment reset. this reset could allow bitcoin to rebound with significant force, potentially reaching unprecedented levels. my estimated upside target for q4 2025 is approximately $749,000. ✌️ ps. in my last bullish trade, i pulled at 9,000% trade on btc... and 42 alt trades, some of which ran as high as 22,000%. view last bull post here:
Long
by notoriousbids
2