From 47K to the moon!!!Hello friends,
According to the previous analysis, the demand zone I had in mind for Bitcoin's return to the peak has been touched.
This is a good buying opportunity.
BTCUSDT
BTCUSD Potential Price Action, Follow important price channels There is important price channel levels. After 7 years of trading my opinion is we will see little consalidation in triangle which will lead little alt season because of dominance then breakout the up side.
BTCUSDT Analysis: Short Opportunity Targeting $95,093 Overview:
BTC is currently demonstrating weakness as it fails to hold above key levels. The recent rejection around the previous session’s POC and the inability to sustain above critical moving averages signal bearish momentum. A short position targeting $95,093 appears highly favorable given the prevailing market conditions.
Justification for the Short:
1. TPO Analysis:
• The visible TPO structure highlights weak buying support in the current session. The price has consistently failed to establish a solid value area above $96,178, indicating that sellers are dominating.
• The lower TPO levels below the $96,178 mark show thinly auctioned zones, suggesting that the market is likely to revisit and fill these inefficiencies.
2. POC Rejection:
• The rejection at the current session’s POC aligns with the bearish sentiment. The price was unable to reclaim this level and establish new value, reinforcing the downtrend.
• The TPO suggests strong resistance at $96,390, which further validates this bearish bias.
3. Moving Averages Breakdown:
• BTC is trading below key moving averages (marked in orange and pink), which are now acting as dynamic resistance levels. This signals that the bears are in control and a downside continuation is likely. Also a death crossover on the benign
4. Prior Analysis Nullification:
• While earlier BTC analysis leaned toward recovery, the failure to sustain momentum nullifies that outlook. The recent bearish reaction at key levels indicates that sellers are overpowering any attempt at bullish recovery.
5. Volume Profile Confirmation:
• The volume profile shows a sharp drop-off below $96,178, with low-volume nodes extending toward $95,093. This indicates minimal buying interest, paving the way for a swift move to the downside.
Key Levels:
• Resistance: $96,390 (POC), $96,178 (recent high TPO level)
• Support: $95,093 (Target and next major TPO base)
Trade Idea:
• Entry: Below $96,178 for a conservative short.
• Target: $95,093 (value area and next major support).
• Stop Loss: Above $96,390 (rejection point).
• Risk/Reward: Favorable due to clear downside levels and TPO inefficiencies.
BTC Breakout Confirmed on Weekly Chart! TO THE MOON!As anticipated in my earlier analysis, Bitcoin (BTC) continues its powerful bullish trajectory, and now, the weekly chart has officially confirmed this move! 📈
Key Insights from the Chart:
Breakout Above Long-Term Trendline:
BTC has successfully broken above the long-term resistance trendline, a significant indicator of a continued bullish momentum. This breakout confirms a shift in market sentiment, pushing BTC into a fresh phase of price discovery.
Retest of Trendline:
After the breakout, BTC performed a textbook retest of the trendline on the weekly timeframe, validating the breakout as legitimate. This retest further solidifies the foundation for the next leg up.
Approaching Historic Milestone – $100K!
BTC is now approaching the psychological and historical $100,000 level for the first time ever. Breaking this level will not only mark a new all-time high but will also likely attract significant institutional interest, sparking FOMO (Fear of Missing Out) among retail traders.
What to Expect Next?
Continuation of Bullish Momentum:
The recent breakout and retest suggest that BTC has strong momentum and could surpass the $100K mark in the coming weeks. Based on historical patterns and the current trajectory, we may see even higher levels as BTC enters uncharted price territory.
Upside Targets Beyond $100K:
Once $100K is cleared, Fibonacci extensions and historical fractals suggest potential targets of $110K-$120K in the medium term.
Conclusion:
This confirmed breakout and retest on the weekly timeframe are highly bullish signals. With the $100K level within reach, BTC is poised to make history once again. 🚀
What are your thoughts on BTC’s next move? Will it smash through $100K soon? Share your insights in the comment section!
$BTC: $101K Pump Possible? Or Correction to $93K?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 80 (Extreme Greed).
📈 Stoch RSI: Still oversold (25).
💡 Analysis:
Current Action: Bitcoin hasn't corrected to $93K yet.
Short-term Possibility: Small chance for an instant pump to $101K.
Larger Probability: Correction to $93K– GETTEX:92K remains the primary outlook.
📌 As always, stay safe, don’t let FOMO take over, and keep managing your risks.
I'm Akki, one chart at a time. Have a great day and stay SAFU!
She Say A BOOM,BOOM... Now, I Say BOOMYES! Old CoinSLayer learned his lesson on this one! haha
I must say that moment in time sure did sting EEEP 😬
Well any who I got my bags packed and I ama ready to go very nice! Interstellar mission and #XRP ani't the only ship I'm flyin in...
YOLO Moonboyz🌛 If you feel so inclined to do so.
🚽👄Toilet Mouth: "Why do all your post say Short!?"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏 FOR JUST A HEALTHLY PULLBACK! Teeheeheeee
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer New And Improved 👨💻😈
P.S. Now witha bag!
P.S.S. well two or Ten
BTC Secondary Trend. Gann trend fan 2024-2026. TriangleLogarithm. Time frame is 3 days.
Nothing new, everything is the same as previously shown in 2022 (the main trend), targets, logic and so on.
Major trend .
BTC/USD Secondary Trend Cycles and Halvin g 1 07 2022
In the present ideas, at the moment now clearly showed this triangle in the range of dynamic support/resistance of the Gann fan (that is, the development of the uptrend phase participation to distribution).
Vertical lines. The site does not display vertical dates if for a long period, Before publication the dates (time zones) are displayed on the chart, after publication they are not. These are the times of trend reversal zones.
Local trend and this reversal zone.
BTC/USD Triangle. Medium term and local work 07 06 2024
This volatility period is expected to last until December 4th
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTCUSDT 1M chart)
If it rises further, it is expected to rise to around 2 (106178.85).
If it falls, you should check if it is supported around 1.618 (89050.0).
-
(1W chart)
The slope of the StochRSI EMA seems to be almost horizontal.
It seems that the initialization of the StochRSI indicator is not far away.
When the StochRSI indicator falls from the overbought zone, the point to watch is where it is supported.
-
(1D chart)
The key is whether it can be supported near the HA-High indicator point of 96372.40 and rise above the BW(100) indicator point of 98892.0.
If it fails to rise,
1st: M-Signal on the 1D chart
2nd: 87.8K-89K
3rd: 79.9K-80.9K
You need to check where it is supported among the 1st and 3rd areas above.
-
This volatility period is expected to continue until December 4th, so be careful when trading.
If BTC continues to move sideways during this volatility period, altcoins are likely to show an upward trend.
-
Have a nice time.
Thank you.
--------------------------------------------------
- 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 in an upward trend since 2015.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
-
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
-----------------
Bitcoin Monthly Candle Close Colours since 2011 -UPDATEWe had a lovely November Green candle close, as expected after the sequence mentioned last time I posted this chart, that seems to be following the 2013 - 2017 BTC Fractal.
But whats coming in December then ?
To date, we have had 7 Green December closes, to 6 Red
Of those Red candles, only 2 were Red after a Green November. and they were in 2013 and 2014 and that was the first 2 years after the ATH, in that Bear
In the years that I believe we are following, currently 2015 and 2016, The Green November was followed by Green December. This happened in 2023 also.
To remind you, The candle colours since August have all matched those years and they are the only years that sequence of colours occurred in those months.
So, if we continue to follow, we will get a Green Dec, possibly a new high but Jan is highly likely to be Red, as in 2015, 2016
January 2023 was green but only just as we saw the battle between Bulls andBears fight it out.
There are no guarantees here and we will have to wait and see where we go
On average, December is a 50/50 shot of either if we look at the basic chart numbers.
But if we continue to follow that Fractal mentioned earlier, we can expect Green December but a Draw back in January
Time will tell.
Orange Breaks, We Fly. Blue Falls, We Dive. The chart highlights two critical regions, each playing a pivotal role in determining the next trend direction for IBIT Bitcoin shares:
Orange Box - Key Resistance Zone
The orange box represents a crucial resistance area. For the rally to sustain momentum and push higher, this region must be decisively broken and secured. A close above this level, coupled with strong volume, would indicate the bulls are in control, signaling a potential continuation of the upward trend.
Blue Box - Key Support Zone
The blue box acts as a significant support level. Should the price fall below this zone, it would suggest weakness in the market. A confirmed breakdown, followed by a retest of the orange box from below, provides an opportunity to take a short position, as this would signal the onset of a downtrend.
Conclusion:
These zones are pivotal for the current market structure. Traders should closely monitor price action around these levels to identify whether the market leans towards bullish continuation or bearish reversal.
What future lies ahead for gold? $3,600?
Hi dears
I chose the 6-month chart so that we can make the best decision.
I think gold has the potential to reach higher price numbers around $3,000, $3,200 and $3,600 over the next year.
If I were you, if I were looking for a safe one-year investment item, I would definitely choose gold.
What are you waiting for, buddy?
Bitcoin: Is the Psychological Barrier of $100,000 Within Reach?Bitcoin: Is the Psychological Barrier of $100,000 Within Reach?
Bitcoin continues its impressive rally toward the psychological barrier of $100,000, driven by both fundamental and psychological factors. The rise in its value is supported by growing adoption, institutional investments, positive market sentiment, and key developments within the cryptocurrency ecosystem.
Adoption and Acceptance
Bitcoin’s growing acceptance by businesses, financial institutions, and individual users is increasing its utility and value. As more entities begin to accept bitcoin as a form of payment, demand naturally rises, solidifying its position as a viable medium of exchange.
Institutional Investments
One of the primary drivers of bitcoin’s growth is the involvement of large institutional investors such as hedge funds, investment firms, and corporations. Their entry into the market significantly boosts liquidity and builds confidence in the cryptocurrency, attracting smaller retail investors in the process.
Planned Regulatory Changes and Strategic Reserves
Future President Donald Trump’s proposals to establish strategic reserves in bitcoin and introduce cryptocurrency-friendly regulations could be game-changing for the market. Such measures are likely to attract new market participants, driving demand and increasing bitcoin’s value.
Media and Market Sentiment
Positive media coverage, endorsements from influential figures, and expert analyses play a crucial role in shaping market sentiment. Media narratives have a substantial impact on perception and can amplify investor interest, fueling price increases.
Technological Improvements
Advancements in blockchain technology and updates to the bitcoin network are improving its efficiency, security, and scalability. These innovations make bitcoin more appealing as an investment asset, contributing to its rising value.
Macroeconomic Factors
Global economic uncertainty, inflation, and the weakening of traditional fiat currencies are pushing investors toward alternative assets. Often referred to as “digital gold,” bitcoin is increasingly viewed as a hedge against currency devaluation and a reliable store of value.
The 2024 Halving
This year, bitcoin underwent another halving – the process that reduces the reward for mining new blocks by half. This reduction in new supply, coupled with sustained or growing demand, has historically led to price increases, and the current cycle appears to be following a similar trajectory.
Infrastructure Growth and ETFs
The cryptocurrency market’s infrastructure is rapidly evolving, making bitcoin more accessible than ever. The growth of exchanges, cryptocurrency wallets, and inflows into bitcoin-based ETFs are driving demand and strengthening the market.
Seasonality and an Unstoppable Trend
Seasonality is also working in bitcoin’s favor. Historically, the final months of the year often see strong performance in the cryptocurrency market. The current upward trend seems difficult to halt, and breaking through the $100,000 level appears to be only a matter of time.
Conclusion
Bitcoin remains one of the most dynamic assets on the market, drawing interest from institutional and retail investors alike. The combination of fundamental, technological, and macroeconomic factors suggests that the rally toward $100,000 could not only materialize but also set the stage for further gains.
Will bitcoin surpass this symbolic threshold, or are there still hurdles ahead? Share your thoughts in the comments.
Wedge Pattern on Bitcoin's Chart - Investors Take RisksHello,
The optimistic break out of a possible bullish wedge pattern suggests potential price action of reclaiming the $97.3k price level.
The white trendlines mark the borders of a falling wedge pattern, which is usually a bullish pattern. The upward break out from the pattern further indicates a bullish scenario. The bullish chart pattern aligns with technicals like MACD, signaling a weakening bearish momentum. Per the wedge patterns' dimensions, if the price returns to the wedge and hits stop loss levels like $96.5k, the bullish scenario can be considered invalid. Otherwise, a minor pullback is possible to the upper white trendline until BTC picks up bullish momentum and volume. The volume profile shows relatively minimal interest at the current levels. So, I expect BTC to move out from these levels soon. Achieving the target of $97.3k would not only fulfill the bullish potential according to the dimensions of the wedge pattern but also bring the price to levels where investors are interested in trading.
Sentiment:
As of November 2024, the market sentiment for Bitcoin is extremely bullish. This is reflected in the Crypto Fear and Greed Index, which currently sits at 88, indicating extreme greed. This high level of optimism suggests that investors are highly confident in Bitcoin's future and are willing to take on more risk in anticipation of further price increases.
Global economics:
The ongoing strategic competition between the US and China continues to shape the global economic and political landscape, impacting trade, technology, and security. Competitors may recognize the potential to exploit Bitcoin, which will help the price to reach higher levels.
Risk management:
I encourage you to configure your stop loss and diversify your investments to reduce risk.
Regards,
Ely
What goes up Must come downHey guys and girls,
almost 5 weeks ago, I suggested
Oct 23, 2024 (Target = 100k)
Oct 27, 2024 (Target = 100k)
(As you well know) in November, there was some good news:
"Donald Trump won the 2024 election"
What happened next?
Bitcoin soared nearly 49% (after Trump was declared the winner of the election)
(my scenario ---> I sold)
What goes up must come down
When's the correction?
In my opinion, Bitcoin is ending its rally and expectations are shifting to a slowdown and the pressure is more on the devaluation side,
What to expect next? (medium term overview- Wave A)
To the best of my understanding, I think this chart is not representative of what the real market is.
why?
Wave 3 = $ 48,500 ( = 3.12 x length of Wave 1)
Wave 5 = $ 50,500 ( = 3.25 x length of Wave 1, means there is pressure everywhere, and I mean everywhere)
Yes, this chart tells me there is something brewing (there is something there that was not there before)
Further targets:
$ 90k, $ 87k, and $ 83k
Will Bitcoin's price reach 245K?The time frame of this analysis is 2W. the chart you see is a complete data chart for Bitcoin. We have a valid price channel for Bitcoin, where the channel's midline and the resistance drawn from previous highs (red line) point to the 245K - 250K range. As you know, we had previously set a target of 169K for Bitcoin in the medium to long term, starting from much lower prices.
Experience has shown that, in logarithmic charts, price channels are valid for medium- to long-term trends.
Additionally, a significant resistance level (green line) in the 77K to 78K range has been broken, suggesting that the current price floor is within this range. If a drop occurs, a retest of this broken resistance is likely. Furthermore, there is a CME gap around 77K, and if this gap is filled, the bullish sentiment in the market will likely be reactivated.
Given Trump's four years of presidency and his support for crypto, this emerging market has the potential to reach substantial market caps.
Profit-making, even in a highly bullish market, still requires patience, diligence, and risk management.
When will BTC top? - Four-year cycle theory predictionIn January of 2022, I predicted that Bitcoin would bottom in November of that year. I made that prediction on the basis of similarities across two prior 4-year cycles, and my call turned out exactly right.
Early this year (2024), I came to the conclusion that the 4-year cycle theory was invalidated when Bitcoin reached ATHs (above 69k) much earlier than in previous cycles. In fact, it made new highs even before the halving, which has never happened before. However, a few weeks ago I decided to revisit the 4-year cycle theory and see whether it might somehow still be salvageable. I argue that it can be salvaged, but only if we overlook the price action from Q1 of this year. If we treat the price action from Q1 of 2024 as an aberration - perhaps because ETF inflows were hotter than anyone expected - then the four year cycle can still be considered valid, and put to work to make some predictions.
With that caveat, in other words, if we overlook evidence that invalidates the hypothesis (stupid, I know) then I can say that Bitcoin should top sometime between Sept 20 and Oct 20 of 2025 ...that is, if this cycle matches older cycles.
I make my prediction on the basis of the following four criteria across three prior cycles.
1. It has taken Bitcoin between 364 - 415 days to reach the bottom from ATHs. In other words, it takes Bitcoin around a year to reach bottom.
2. It has taken Bitcoin between 1070 - 1135 days to make new highs after a previous cycle's ATHs. If you bought the absolute top of a cycle, you've had to wait around 1100 days before you saw new highs.
3. After Bitcoin makes new highs, it tends to run for between 329 - 343 days before reaching that cycle's top. In other words, after making new highs, Bitcoin stays in a bull market for close to a year.
4. Finally, and most interesting, it has taken Bitcoin EXACTLY 1064 days to reach ATHs from a previous cycle's all-time-lows on two separate cycles . That is a remarkable coincidence.
So, if we overlook the price action of Q1 2024 and decide that Bitcoin made new cycle highs (above 69k) for the first time in October of 2024, then we can drink from the hopium cup which says Bitcoin should keep running for around a year until Sept-Oct of 2025. If, by some strange coincidence Bitcoin tops out exactly 1064 days from last cycle's lows (criteria 4 above), the top should come in on October 20th, 2025.
So, once again:
Sept 20 - Oct 20
This is obviously not scientific, and even more obviously NOT financial advice.
Here's the link to my 2022 bottom prediction:
short term flush possible.it seems like btc lost buying power already but keeping that area because of altcoins.
and all the alcoin pumped up already and if no major altcoin carry the price up.
we likely see 90000 or 88000 area. if support is made there its a good entry to buy and hold for wave 5.
BITCOIN - Price can bounce up from support line of wedgeHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A few moments ago price entered to wedge, where it bounced from support line and started to grow.
In a short time, BTC reached the $90700 level, which coincided with the support area, and started trading below it.
Soon, price broke this level and rose to resistance line of wedge, but then BTC turned around and fell back.
Next, price finally broke $90700 level and later made retet, after which bounced and continued to grow.
Later it rose to resistance line of wedge again but then corrected to support line, after which started to rise recently.
Now, I think that price can fall to support line of wedge one more time and then bounce up to $104000
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BTCUSD | 15M | SCALPING TIME | Hi guys, Just dropped a new BITSTAMP:BTCUSD analysis for you guys! I've highlighted my target and stop-loss levels on the chart.
Don't forget to like it guys
Thank you to those who liked
5 REASONS TO STAY IN THE CRYPTO MARKETThe end of September aka rektember historically the worst performing month of the year is in sight, and October is fast approaching.
1/ October aka ‘Uptober’ or better to say "Moontober" is historically one of the best performing months of the year and in the past two bull run years October’s have all been green – third time’s a charm? FYI last year we pumped 29% and so many of us ordered Countach
2/ It ain’t just October – Q4 historically yields the highest returns of the year
Excited for Uptober? Just wait till we hit No Loss November baaaby!
3/ M2 projections vs. CRYPTOCAP:BTC looking bullish
M2 tracks the global supply of money. The more money is in the system, the more of it can flow into crypto. Here’s Bloomberg’s 10week projection of M2 supply (black) overlaid with CRYPTOCAP:BTC ’s current performance (red)
4/ The bull market historically takes off at this point
See that white line? That’s the current cycle
as you see The crypto market seems to be following historical bull market trends closely. We've experienced a stronger than usual rally ahead of the halving, largely driven by expectations around spot Bitcoin ETFs. However, the post-halving rally has been weaker, bringing the market back in line with typical patterns seen in previous cycles.
Potential for Growth: If past cycles are any indication, the market is expected to gain momentum from this point onward. Historically, after a weaker post-halving phase, a significant upward surge is needed to complete the cycle.
Cycle Length Considerations: There is evidence suggesting that each crypto cycle is lengthening in terms of duration. This trend may reflect increasing institutional involvement, as longer cycles often point to a more mature and stable market
5/ Rate cuts are here!
The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020.This is now the most unexpected Fed decision since 2009.
And lowered rates allow more money to flow into markets over time.
and after btc pump we will have sweet alt party so buckle up and be ready for printing money
The increase in geopolitical risk leads to a decrease in the BitExamining the trend in the one-hour time frame, Bitcoin has broken the bottom support of the ascending channel in the range of 97192-97773, and now there is a possibility of a price decrease due to the decrease in the moving averages of the ALLIGATOR indicator.
Overall, the scenario is reinforced that Bitcoin can decline to the support of $93,653, provided it holds the important resistance range in the range of 97,773-97,192.
BTCUSDT analysis based on 1d chartHello traders, today after the US data released, crypto market collapse started, and reached around 53k, and my analysis for crypto is to touch 48k then moving towards 80k or above... after breaking the high of 74k ...
enjoy trading!
$BTC Hit $98K! Will Corrections Pull it Back to $92K?Good morning, crypto bro's! 🌅
📊 Fear & Greed Index: 84 (Extreme Greed).
📈 Stoch RSI: Showing signs of exiting oversold.
💡 Analysis:
Current Status: FWB:98K has been reached.
Correction Outlook: Small probability for $93K– GETTEX:92K , with a larger chance for a deeper dip to $85K– GETTEX:82K if support breaks.
Upside Challenge: Breaching $100K seems tough without a significant correction first.
📌 Reminder: Stay sharp and manage risks well. Markets remain dynamic.
I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
