BTC DistributionDistribution in progress till EQL.
May happen may not happen, but feels like it.
Market is Supreme.
NOTE: I do my analysis, do yours before trade.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
BEARUSD trade ideas
btc rally i am still bullish on btc however there seems that a inverted head and shoulder could form in a few days. i suspect we will have a rally tomorrow ,but i am aware that we can see a lower low in big picture, time will tell if this plays out.
Another $Bitcoin breakout triangle shaped 1 hourMARKETSCOM:BITCOIN is having a breakout again. After a short bullish shape, we will continue to rise again.
Merry Christmas!
Be kind to the world and each other.
#btc #elliottwave long buy setup wave 5 of 3 23Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Analysis This is a Bitcoin price chart against USD on the 1-hour timeframe from TradingView. It appears to analyze potential price movements. Here's a brief breakdown:
1. Price Range:
Current price: 93,707 USD.
Support zone: Highlighted in white near 92,000 USD.
Resistance zone: Highlighted in red above 100,000 USD.
2. Trend Lines:
A descending price movement has tested the support zone.
Two potential scenarios are drawn:
Yellow trendline suggests a potential upward continuation beyond 102,000 USD.
White trendline suggests a brief pullback before a breakout upward.
3. Volume:
Volume activity is shown at the bottom but seems relatively stable for now.
This chart predicts bullish potential after retesting the support zone. Are you looking for specific insights or technical analysis?
Trade idea: Long BTCUSD (Upwards Breakout of Descending Channel)BTCUSD: Upwards Breakout of Descending Channel (please see 30min timeframe screenshot).
In Bitcoin, we see a breakout of the descending channel upwards, a classic one, with a pullback (rollback) of the price to the broken boundary.
Trade Idea:
Long BTCUSD from current price levels (~96,250);
Stop loss below 93,500;
Take Profit about or below 100,600.
Best Regards
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COINBASE:BTCUSD
BINANCE:BTCUSDT
BTC analysis Its time for correction!!
Bitcoin has began a downward trend that seems to have concluded at $92,400 on the 1-hour timescale after resisting and setting a new all-time high of $108,230.
The market is, nevertheless, at a pivotal juncture. Bitcoin is likely to remain positive if it breaks $101,200, and negative if it is unable to keep above $96,277.
demonstrating that this reduction was only remedial. If not, a break below $96,277 would indicate a chance to short. However, prudence is urged; swiftly acquire gains and refrain from greed.
Entry1: 99,000
Entry2 :"97,000
Entry3 96,000
Tp1: 92,500
TP2: 88,000
TP3:80,000
BTC POSSIBLE BUYThe market is currently testing the current Weekly Support area. Based on Daily TF, there is a hammer candle close. On the 4HR TF, the market seems to be forming a possible reversal pattern.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
BTC Down channel breakoutBTC come out from Trendline i believe it's going to retest 73k before make any new move
Major Crypto Shake-Up🚨 Major Crypto Shake-Up: EU to Delist Tether's USDT by Dec 30 – What This Means for You! 🚨
💰 CRYPTOCAP:BTC 💰
Big changes are coming to the crypto world in Europe! Under the new Markets in Crypto-Assets (MiCA) regulations, all crypto exchanges operating in the European Union must delist Tether’s USDT by December 30, 2024. This decision has sparked intense debates about its impact on liquidity, trading, and the broader crypto market in Europe.
🔎 Key Points to Know:
⚡ Liquidity Could Drop
USDT accounts for a significant share of crypto trading volumes. Its absence may make it harder for traders to execute trades efficiently.
⚡ Market Challenges
Lower liquidity might lead to higher slippage and reduced accessibility, potentially affecting the price of assets traded against USDT.
⚡ Opportunities for Other Stablecoins
This could open the door for alternatives like USDC, BUSD, or emerging stablecoins to fill the gap and gain traction in the market.
📢 Why Is This Happening?
The MiCA regulations aim to standardize and regulate digital assets in Europe. While the framework brings clarity, some stablecoins like USDT may fail to meet strict compliance requirements.
📉 What’s at Stake?
Market analysts and crypto executives worry that delisting USDT might hinder liquidity, especially in markets where it is dominant. On the other hand, some believe the shift could boost innovation by encouraging the adoption of compliant stablecoins.
🌍 The Bigger Picture
For crypto users and investors in Europe, this move could be a challenge in the short term but an opportunity in the long run. A more diversified and resilient market might emerge, driven by innovation and compliance.
💬 Your Take Matters!
What do you think about this regulatory decision?
Will it disrupt the market or pave the way for new opportunities?
Let’s discuss below! 🚀
Bitcoin: Pulling back to catapult forwardBitcoin isn’t done. We’re starting some pullback action. Possibly to gain some momentum for the propel forward. Don’t let this lil shit shake you out. Stand still, stand firm.
Odds favor the long side on BTC
You can clearly see that there was a volume spike that absorbed the selling of the weak hands, now you see that the volume returns to the direction of the trend up, so people are not willing to sell Bitcoin at a lower price, so the puppet master has to increase his bidding price so he can get filled after Trump WON the election.
Add to it that the price was consolidating for half a year and holding its value near the top.
Descending Broadening Wedge Price was trading within a falling broadening wedge, but it seems like price has clearly broken out of the wedge pattern and is trying to retest resistance. If price manages to stay above the residence trend line then it could morph into new support. So far price is holding, but no strong bullish moment yet. This breakout is good news for the longers, but it just needs more buying pressure to make sure price does not fall back into the range of the wedge pattern.
An uptrend in BTC - Breakout on the trendlineBTC is reviving after the much anticipated fall. The trendline is broken and there a chance that we see the upside from here.
I am looking for an upside till the next distribution level reaches
btcLook, it's not supposed to happen like this, but because we had a movement mindset, we shared it with each other
So don't take any positions on this chart
Where the arrow is, we need to see if the orange plan is going to be implemented or if it's going to be all purple and... okay
There's just a mindset
Buy under 100K and Target 125K by Jan 20Simple strategy of buying bitcoin when it's trading under 100K leading up to Trump Presidency, I don't see why Bitcoin can't continue to 125K by Jan 20 (Trump inauguration). Fed went from from dovish to dovish/neutral in my opinion, not hawkish. This is a buying opportunity and the strong reversal forming a bullish hammer after the cooling PCE report today is the confirmation to continue buying BTC here.
The Impending US Government Shutdown.The Impending US Government Shutdown: What Traders Should Know
As the US government teeters on the edge of a shutdown, traders are bracing for potential market volatility. The failure of a spending bill in the House of Representatives has heightened concerns, with President-elect Donald Trump and tech billionaire Elon Musk playing pivotal roles in the bill's rejection.
Potential Market Impact
Stock Market Volatility: The uncertainty surrounding the shutdown could lead to increased market volatility. Investors may react to the political instability by selling off stocks, causing sharp declines in major indices like the S&P 500 and Dow Jones Industrial Average.
Currency Fluctuations: The US dollar may weaken as investors seek safer assets, leading to fluctuations in currency markets. This could impact forex traders who need to stay vigilant and adjust their strategies accordingly.
Commodity Prices: Commodities like gold often see a rise in value during times of political uncertainty. Traders should monitor these markets closely as they may present opportunities for gains.
Interest Rates: The Federal Reserve's response to the shutdown could influence interest rates. If the shutdown leads to economic disruptions, the Fed may reconsider its stance on rate hikes, affecting bond markets.
Strategies for Traders
Stay Informed: Keep a close eye on news updates and government announcements. Being aware of the latest developments can help traders make informed decisions.
Diversify: Diversifying your portfolio can help mitigate risks associated with market volatility. Consider spreading your investments across different asset classes.
Hedge Your Bets: Use hedging strategies to protect your investments. Options and futures contracts can be useful tools for managing risk during uncertain times.
Be Patient: Market reactions to political events can be unpredictable. It's important to stay calm and avoid making impulsive decisions based on short-term market movements.
Conclusion
While the potential government shutdown poses challenges, it also presents opportunities for traders who are prepared. By staying informed, diversifying portfolios, and using hedging strategies, traders can navigate the uncertain waters and potentially capitalize on market movements..
Daily Analysis of Bitcoin - Issue 239The analyst believes that the price of { BTCUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Corrective It is expected that the downward trend will continue until the support levels as well as the specified time frame. Then, according to the behavior of the price in this range, the continuation of the movement process will proceed according to the specified paths
BTC - What the Next Movement? Wyckoff MethodThe Wyckoff Range typically manifests as horizontal price action (sideways movement) on a chart. It represents a phase where supply and demand reach a temporary balance, and large institutional players accumulate or distribute their positions.
Wyckoff Range manipulations are deliberate actions by large market participants (like institutions or "composite operators") to deceive retail traders, creating a false sense of market direction. These manipulations are integral to the Wyckoff Method, designed to exploit liquidity and accumulate or distribute large positions without causing significant market impact.
HolderStat | BTC pullback from resistance📉 BTC price fell by 2.6% overnight to $95,840, confirming expectations of a pullback from the key resistance level. At the same time, trading volumes grew by 14%.
📊 Funding rates remain low and open interest in futures rose 0.9% overnight - signs that players are preparing for the next move. Notably, one tracked wallet made a selloff at $98,031, which could indicate profit taking by a major player.
💡 The market is showing signs of localized weakness, but the dynamics of volumes and open interest hint at a possible accumulation of positions. Watch for further support levels and activity of large purses for entry points.
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Bitcoin Short: End of Wave 2From the chart you can see that Bitcoin has completed 5-waves on multiple degrees and then we have a first wave down after an ending diagonal.
Now my target for it will be $72,000. For this idea, that also means that Microstrategy is going to crash.
Are we just getting a bull trap for $BTC?That is the Christmas spirit. Looks like we've been bull-trapped.
Hopefully this will not last and our demand zone will prevent this correction.
For now there's nothing we can do about it except watch it.
Stay safe.
Be kind to the world and each other!
