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What can we expect in the cryptocurrency market in 2024-2026Today we have a rather interesting article with a lot of food for thought Let's talk about the total capitalization of the crypto market. In 2021, when the BTC price peaked at $ 69K, the total capitalization of the crypto market was $3 trillion Yesterday, the BTCUSDT price touched $ 64K, almost reaching ATH, and the total capitalization of the crypto market is $2.25 trillion, which means that it is roughly speaking "behind" by 30%. This can only mean that altcoins are just beginning to "break out" and the real "Bull run" is still ahead. We have been in the cryptocurrency market since the end of 2016 and have "survived" many cycles in the market, and believe me, there will come a time when altcoins will shoot 30-50-100% per day in dozens, not just a few as it is now, and your eyes will run away in not understanding what to buy next, because everything is growing) Now we are just warming up. What can happen next? Further, the price of BTC can, for example, go into a broad consolidation in the range of $30-70k. The "small money" will say wow, consolidation with a corridor of 100+%, and the "big money" will meanwhile take Bitcoin from the "weak hands" on fluctuations and accumulate their reserves. Since the big money will not sell their BTC, they have a very effective tool to pump coins - buying altcoins in pairs with BTC. At this point, the price of altcoin/usdt will skyrocket exponentially. If we look at the chart of the total capitalization of the crypto market, you can clearly see one pattern: from the moment of BTC halving to the maximum value of the total capitalization of the crypto market, 183 3-day candles pass. That is, roughly speaking, a confident bull run in the crypto market has already lasted for 550 days twice. You might say that we can't compare these periods because big money is now entering the cryptocurrency market, and they will continue to drive the market. But most likely, you have not been in the crypto market for long and do not remember what the narratives were in the previous cycles: - In 2017, the market was mainly "rocked" by ICOs and pioneering venture capital funds entered the crypto market. If I'm not mistaken, ETH was sold at ICOs at either $0.30 or $0.50, and today it has reached $3500 - and this is probably the "most tenacious" project from this period. - The entire 2018-2019 Internet space was teeming with reports that Bakkt would enter the cryptocurrency market and revitalize the crypto market and push for ATH updates. But no!) The crypto market was revived only in 2020, and then at the expense of retail buyers, at the expense of cash payments to the population to combat Covid-19. By the way, check out the movie Dumb Money, which reflects the events of the time when retail buyers punished hedge funds that were shorting the growing market! As they say, you can't go against the masses) - Then in 2020-2021, there were the narratives of IEO, Defi, NFT, Elon Max with tokens and tweets that drove the market. There was something else, please add to the comments. - And now it's 2023 and a new growth cycle with the main narrative at the moment - BTC ETFs and the entry of large funds like BlackRock into the crypto market. By the way, at the end of 2022, we released the two ideas that this is probably the bottom and it is definitely worth buying: 1. How much can the Crypto market capitalization grow by 2025 at Nov. 2022 2. Bitcoin & Cryptocurrency results of 2022 and plans for 2023-2025 at 30.12.2022 Despite the mega rise in the price of BTC in 2024, Google trends suggest that the peak rush for search queries like in 2017 and 2021 is still very, very far away. We also have a personal gut feeling, comparing to previous periods, that "strong hands", as they like to call themselves, who have sat for 2 years with a mega deposit drawdown of -60-80% and are now selling their assets at entry points. And the "fresh and new money" is still "little" in the cryptocurrency market, perhaps it is already expensive? Also, it's been a long time since the market has been nightmarized by news like possible large sales of BTC: Silk road, which was confiscated by the United States, MT Gox payments, FTX payments, and so on. As they say, let's be careful!) If we believe the blue fractal that we have depicted on the idea's chart, the cryptocurrency market may soon begin to correct with a decline in the total capitalization of the crypto market. But not super deep, only -30% to $1.5-1.6 trillion . Moreover, this does not mean that the entire crypto market will fall "like a stone down." Alternatively, the price of BTC, which now accounts for more than half of the crypto market capitalization, may show the largest proportional correction. Meanwhile, altcoins will adjust quite adequately in price, and then may be sharply "pumped" by pouring BTC or ETH into them. Also, according to this fractal, this time the growth cycle may take longer than 550 days and last until the end of summer 2026. Well, write in the comments what you think will happen to the crypto market in the coming months? You can also put "like" the idea to subscribe to it and watch it develop together. And we will write our comments as the price moves.
CRYPTOCAP:TOTAL
by P_S_trade
22
📊Will #BTC break through ATH❓🧠Theoretically speaking, this possibility is already very high, because I also mentioned in my previous post that if we successfully break through the short defense point, it means that the short structure is destroyed and the bull market will come, which means that we There is a high probability that it will exceed ATH. ⚠️Note that this is a highly probable result, but we don’t know what the process is. ➡️Can it go directly to 69k❓ Yes, because there is no short position structure, any increase is reasonable. But I will not buy BTC in the range of 61k-64k. ➡️Will it enter the correction phase first before going to 69k❓ Yes, this is also the result I expect. I don’t know whether it will happen. We can only wait patiently. ➡️From a structural point of view, we directly broke through the D resistance zone and did not form a good short structure in this range, so we did not go short. Good opportunities require patience to find. We will not trade blindly just because we have expectations. 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
by wolf_king888
2
📊#BTC has achieved the daily level target zone✔️➡️The recent focus has been on ETH, so we did not buy again after giving up the BTC order last time. 🧠However, the expected target area has been successfully achieved. If you follow my point of view and buy, please remember to lock in profits or close the position in time. Congratulations to all the friends who followed Wolf King to print money. ➡️The realization of the macro-cycle target also means that macro-cycle level adjustments may occur. Therefore, it is not recommended to go long in the target area. If there is a good bearish structure, you can try to make some short orders.📉 ⚠️Also don’t forget risk management💯 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Short
by wolf_king888
2
📊#BTC will continue to rise based on smiley face structure📈🧠As the popularity of the crypto market increases, it seems to be very difficult to fall quickly. A sharp decline or rise requires a process, and also requires structure as a supporting force. Moreover, there are still bullish targets above that have not all been realized, so we are still bullish. The response was good when it hit the support zone during yesterday's decline, and a potential smiling face bullish structure was constructed here, so we have a probability of continuing to break through the previous high. 🚀 Let's see ⚠️Also don’t forget risk management💯 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
1
Gann Angles and Moon PhasesThis is me having fun. I do not claim to be an authority on Financial Astrology. First issue: Why is the price consolidating at this price range? I pulled a Gann Fan from the previous bear market low (3,156) to the November 2022 low (15,514). The 1/3 Gann angle is precisely at the current level of resistance. This fact has profound implications. Why? Because a failure at this junction can take the price to as low as 37K, which is the 1/2 angle. The flip side of this coin is that Bitcoin can break resistance and proceed to make an ATH. Is it likely? Not likely. Also, the Orange Angle seems more dominant, at least for now. What about the moon? The days after a full moon are supposed to be bullish, and the days after a new moon are bearish. Simplistic, I know. Let me suggest a possible scenario: Bitcoin breaks above the current consolidation range (Bull Flag) and makes it to 62K, which is the orange Gann angle resistance. After that, the new moon takes over, and we will begin the correction period, which will last until after the bitcoin halving (Buy the rumor; Sell the news). The yellow and orange Gann angles could provide support. 53K in the bullish scenario. 44K in the less bullish scenario. This is an exercise in free thinking and extrapolation. Please take it for what it is. Best Wishes
Long
by NewThoughtCrypto
2
🚧Bitcoin can GO DOWN by Rising Wedge Pattern🚧✅Bitcoin has managed to form a Rising Wedge Pattern near the 🔴 Resistance zone($52,820-$52,460) 🔴. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔After breaking the Support line , I expect Bitcoin to go Down to at least the 🟢 Support zone($50,840-$50,200) 🟢 in the next hour. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 1-hour 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 gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
37
📊#BTC bull signal confirmed✔️➡️As mentioned in the previous post, we successfully broke through the short defensive point, which means that the short structure at the weekly level has been destroyed, which means that the bull market has started. ➡️There are only two months until the BTC halving, so extreme market fluctuations are very likely to occur during this period, so please remain cautious.⚠️ 🧠At present, the overall structural direction is still a bullish trend, with bullish transactions being the main focus. It is far easier to make money by trading with the trend than trading against the trend. Therefore, it would be better to look for long opportunities when the price returns to the neckline buy zone or the 12h buy zone.👀 keep patient☕️ 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
Bitcoin BTC price is near a critical point, what next?The BTC price has updated the high of 2023-2024 and is now at a critical point. The Fear and Greed Index is 79 , the highest since 2021. Optimism in the market is off the charts and it is alarming. Above, there is a target of $53600 - the level at which the GAP will close from 2021. The bottom target is $32700, which does not look realistic now, but anything is possible in the crypto market. There is no signal for a short yet , everything is still growing by inertia. However, you should be careful with longs and tighten your stops as your asset grows, so as not to give away your profits to the market. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
14
Expanding Ending Diagonal Can Cause a Correction in Bitcoin🧐👋Hi everyone. 🚀Bitcoin continued its upward trend after a series of News and Joe Biden's strange Tweet (red eyes). 🏃‍♂️Bitcoin is moving near the upper reaches of the 🔴 Heavy Resistance zone($53,000-$47,000) 🔴, Resistance lines , and 🟡 Potential Reversal Zone(PRZ)($52,700-$51,780) 🟡. 🌊According to the Elliott wave theory, it seems that Bitcoin has chosen the Expanding Ending Diagonal Pattern to complete the fifth wave ( As long as Bitcoin cannot break the 🔴Heavy Resistance zone($53,000-$47,000)🔴, this wave count is valid. ). 📚The Expanding Ending Diagonal Pattern ( Elliot's point of view) is the same as the Ascending Broadening Wedge Pattern ( Classical Analysis point of view). ❗️⚠️Note⚠️❗️: If Bitcoin can touch $53,700, some corrective scenarios will expire, and we can expect Bitcoin to continue its upward trend to $56,000 in the coming days. 🔔I expect Bitcoin to go down to at least $50,000 , where the most volume trading has happened around this price in the past few days, and if Bitcoin can create a candle below $50,000 in the 4-hour time frame , we can expect a lower line of Expanding Ending Diagonal Pattern will break, and Bitcoin will fall even to the 🟢 Support zone($49,000-$47,000) 🟢. 📚 Elliott waves include a series of Rules and Guidelines that you can analyze and predict the road map of the price. In general, in the theory of Elliott waves, you are faced with several scenarios in which you should find the correct scenario with the help of other technical analysis tools and fundamental analysis and try to identify the correct scenario from the false scenario. ❤️In the end, here is some advice for you as a little brother: 🔸TradingView website has provided us with a suitable space to transfer our analysis, so it is better to use it and NOT waste our time on destruction or ugly comments. 🔸If you have any comments, please share them with respect . 🔸 No analysis is 100% , so if you use analysis as an investment, it is better to follow capital management and take responsibility for it yourself. 🔸I hope we can use TradingView to increase our capital and knowledge . ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 4-hour 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 gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
54
Possible scenario Bitcoin BTC price movement for February 2024In February, trading in the BTCUSDT pair started at around $42,000. This value is approximately in the middle of the trading corridor with critical limits of $39000-39500 and $44250-44750 If you look at the left corner of the chart, you will see a table that shows that statistically, February is "green" for the BTC price Only February 2020 "subtly hinted" at how tough March 2020 will be. Those who survived this period with their deposits definitely got goosebumps at the mere mention of it...) And yet, it was exactly 4 years ago, before the previous "BTC halving" We have depicted the approximate possible movement of the BTCUSDT price for February on the chart. Particular attention and important trading decisions will need to be made when the Bitcoin price is near the critical limits of $39000-39500 and $44250-44750 What is your bet? Will February be green or red? Where will the BTCUSD price go to 52000 or 32000? Write everything in the comments!
by P_S_trade
25
#Bitcoin: Is making rising wedge pattern!In the daily timeframe, BITSTAMP:BTCUSD is currently exhibiting a rising wedge pattern If it goes as per the pattern, then technically, we can see a drop up to 35k. 50MA is working as a strong support level, with 42k and 40k as support. For Bitcoin to become bullish in the long term, it needs to close a daily candle above the 44k resistance level. There will likely be a period of consolidation within the designated zones until a definitive breakout or breakdown occurs. LET'S MAKE IT SIMPLE It is crucial to pay attention to the daily candle closings. A bullish scenario may be considered if there is a breakout and a close above the $44k resistance level. On the other hand, a breakdown below FWB:42K in the daily timeframe will confirm a bearish pattern. #DYOR #NFA
by CRYPTOMOJO_TA
10
📊#BTC buy zone and sell zone💥➡️As BTC rises to $52,000 again, the heat is also rising. Although there was no callback as expected, it was in line with expectations because there are daily-level targets waiting to be achieved above, so this is why I do not recommend shorting BTC. 🧠If the short defense point is successfully broken through, it means the arrival of a bull market, but often when everyone is immersed in the wave, they need to be extra cautious. After all, this is a very cruel market, and be wary of the emergence of large-scale dumping. ➡️Therefore, when the price reaches the overlapping range of the daily target area and the weekly target area, you can pay attention to short-selling opportunities.📉 ➡️If the breakthrough fails and you choose to pull back now, then the best buying area is the 12H buying area.📈 ⚠️At the same time, don’t forget risk management and focus on conservative trading.⚠️ 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888