BTC CRASH UPDATE 13 DEC 2024Keep an eye on 4H timeframe,detail analysis coming soon.Just wanted to update the chart.
BEARUSD trade ideas
BITCOIN Keep it simple. It won't top anytime soon.This is indeed a 'keep it simple' analysis consisting of 4 charts, each displaying a Bitcoin Cycle since 2012.
There is no need to overcomplicate things, the charts are pretty much self explanatory.
According to all 3 prior Cycles, BTC is on a rally supported by the 1week MA50, that is just over halfway completed.
It will not peak anytime soon and may very well be above $200k, even as high as $300k if the extremely optimistic scenario prevails.
Previous chart:
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HolderStat | BTC at a crossroads🌍 Bitcoin holds steady at $101,500, reflecting a market in flux. While Microsoft passed on BTC reserves, nations and corporations are exploring Bitcoin reserves, highlighting its financial relevance.
📉 Spot BTC ETF inflows have slowed since November, hinting at cautious sentiment. Broader crypto ETFs and U.S. policy shifts could ignite new institutional interest.
💡 Bitcoin dominance dipped, and while altcoins remain in the wings, a shift feels near. Wallets activity shows balance, with buys at $97,740 and sells near $98,510—traders remain divided.
🔥 With $1.5 billion in long liquidations and neutral funding rates, the market stands at a pivotal moment. Is this the calm before the next bull storm?
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Always DYOR! 🔬
Rising Wedge BEARISHCRYPTOCAP:USDT Saylor, Saramucci and all the Billionaire pumpers trying SO hard!
This wedge is a giant net with a bunch of bag holding plebs stuck inside. They will pull the net out of the water soon.
Bitcoin currently in an ascending bull flagI made a rough estimate of where the flag make breakout for where I placed the dotted measured move breakout target line. There’s a chance it could not hit the entire flag tRGET and instead only reach the breakout target of just the channel portion of the flag itself which would be a much lower target. Also always a possibility arising channel breaks to the downside though at the beginning of a parabolic phase during a bull market they usually break upwards. We will see what happens soon enough *not financial advice*
30% correction to 70k next for Bitcoin ?? — December 3rd, 2024** short term forecast, days and weeks ahead **
On the above weekly chart price action leaps up 40% since all of 30 days ago. A number of reasons now exist for a bearish outlook. The include:
1) Price action and RSI support breakouts.
2) Regular bearish divergence. Multiple oscillators now print lower highs with higher highs in price action.
3) Price action is outside Bollinger Band on the weekly. Remember 95% of all price action trades around the mean, which is currently $70.2k
4) Hanging man candle print. A perfect example of buyer exhaustion.
What does this means for alt tokens? That depends. Overbought tokens (XRP, Dogecoin, XLM, etc… ) they will join the correction with Bitcoin. A select few will enjoy the liquidity that comes from them. Do you know which?
Is it possible price action continues to rise? Sure.
Is it probable? No.
Ww
BTC Breaks $101,000: BlackRock Advocates 2% Portfolio AllocationBitcoin ( CRYPTOCAP:BTC ), the world’s leading cryptocurrency, has reclaimed the $101,000 mark, riding a wave of institutional endorsements and bullish technical indicators. A groundbreaking paper from BlackRock, the world’s largest asset manager, has highlighted Bitcoin’s potential role in diversified portfolios, suggesting a 1% to 2% allocation as a “reasonable range.” This development comes as Bitcoin surges amid macroeconomic and political tailwinds.
BlackRock’s Strategic Endorsement
BlackRock’s latest report emphasizes Bitcoin’s place in multi-asset portfolios, comparing its risk profile to the "Magnificent Seven" technology stocks in a 60/40 stocks-and-bonds portfolio. While cautioning against exceeding a 2% allocation due to increased portfolio risk, BlackRock’s endorsement underscores the asset’s growing legitimacy.
According to Samara Cohen, BlackRock’s CIO of ETF and Index Investments, “A Bitcoin allocation would provide a diverse source of risk, while overweighting tech stocks amplifies portfolio concentration.” The paper also notes Bitcoin’s low correlation with traditional assets, albeit with significant volatility.
Factors Driving Bitcoin’s Rally
Bitcoin’s recent surge is bolstered by multiple factors:
- Political Support: President-elect Donald Trump’s pro-crypto stance and his appointments of blockchain-friendly officials have revitalized market confidence.
- ETF Adoption: The January 2024 launch of U.S. spot Bitcoin ETFs has been a game-changer. These funds have amassed over $113 billion in assets, with $10 billion inflows recorded since Trump’s victory in November.
- Institutional Interest: With BlackRock’s IBIT leading the pack, institutional adoption is seen as a harbinger of reduced volatility and enhanced legitimacy.
However, BlackRock’s report tempers optimism by pointing out Bitcoin’s historically sharp drawdowns, ranging from 70% to 80%. While wider adoption could stabilize prices, it may also curtail the dramatic gains that attract speculative investors.
Technical Analysis: A Bullish Trajectory?
Bitcoin’s technical indicators signal potential bullish momentum as it consolidates above $100,000. Here’s a closer look:
- Current Price Movement: Bitcoin is up 0.41% at the time of writing, showing resilience after a dip to $96,000 during a selling spree.
- Key Resistance Levels: A breakout above the $115,000 pivot could ignite a bullish rally, potentially driving prices to $150,000 by Christmas.
- Support Zones: Should consolidation persist, support lies at the 38.2% Fibonacci retracement level, coinciding with $95,000.
- Market Sentiment: Bitcoin’s year-to-date growth of 140% underscores robust investor confidence, despite its inherent volatility.
Balancing Risk and Reward
The BlackRock report advises adopting a “risk budgeting” approach to Bitcoin investments, particularly given its outsized impact on total portfolio risk. While Bitcoin’s low correlation to traditional assets adds diversification, its volatility demands cautious sizing.
For investors eyeing Bitcoin’s potential to reach $150,000, the strategy should account for key risk factors, including possible retracements and the evolving regulatory landscape. As institutional adoption grows, Bitcoin could mature into a less volatile but equally vital component of diversified portfolios.
Conclusion
Bitcoin’s ascent past $101,000, coupled with BlackRock’s ringing endorsement, marks a pivotal moment for the cryptocurrency market. As 2024 draws to a close, Bitcoin remains a high-reward, high-risk asset poised to redefine portfolio strategies. With technical and fundamental indicators aligning, investors are watching closely—whether for the next breakout or the next buying opportunity at key support levels.
Will Bitcoin’s rally extend to new heights, or will its infamous volatility temper the excitement? Only time will tell, but the stage is undoubtedly set for an electrifying finish to the year.
BTC/USD "BITCOIN" Crypto Market Heist Plan on Bullish SideHi there! Dear Money Makers, Losers, and Robbers, 🤑 💰
Based on Thief Trading style technical analysis, here is our master plan to heist the BTC/USD "BITCOIN" cryptocurrency market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entrance. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy, cautious, and safe.
Entry 📈: Acceptable anywhere; I advise placing buy limit orders within a 15-minute window. The entry for the Recent/Nearest Low Point should be in pullback.
Stop Loss 🛑: Using the 4H period, the recent swing low
Goal 🎯: 110,000
Scalpers, take note: only scalp on the long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.
I'll see you soon with another heist plan, so stay tuned 🫂
BTC/USD "BITCOIN" Crypto Market Heist Plan on Bearish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist BTC/USD "BITCOIN" Crypto Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Near the Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point entry should be in pullback.
Stop Loss 🛑: Recent Swing High using 2H timeframe
Target 🎯 : 90,000
Attention for Scalpers : Focus to scalp only on Short side, If you've got a money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Bitcoin good story about to unravelWe are patiently waiting for BTCUSD to breakout of the current range with a clean H1 candle then we end our year in jovial faces!
Bitcoin through next halving - on the cusp of a new cycle pt. 2Adding another view to my previous idea removing the volatility between the move. Please see for an idea of what the volatility could look like:
Key areas:
Keep an eye on RSI momentum
Keep an eye on major support levels which will be added as time goes on
Use pre-established profit points - and DON'T fomo when the time comes. Pick your sell points and COMMIT to them - put a post-it on your monitor.
The most possible scenarioRegarding RSI break, this route would be considered rational, and about time, January 5-6 will be the possible date for the reversal and going for the second round of growth to around 140k.
Short Position for BitcoinPossible Head and Shoulders forming on higher timeframe, lets see how it plays out.
Nobody appreciates it !!!As I mentioned in my previous analysis, Bitcoin managed to break through the triangle pattern and experienced significant growth. Now, the price is forming a bullish pennant pattern, which could lead to further growth after the pennant breaks.
Previous Analysis
Give me some energy !!
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Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Daily Analysis of Bitcoin – Issue 228A analyst predicts that the price of Bitcoin will decrease in the next 24 hours. This forecast is based on a quantitative analysis of recent price trends.
BTC's Comeback: Double-Top Pattern Signals Big Moves AheadThe grammar is clear and the structure is solid. Here’s a slightly refined version for flow and readability:
Crypto traders have plenty of reasons to be excited. The next few days could bring significant movements in BTC. A majority of the losses from the December 5 crash, which followed the previous all-time high, have already been recovered. Furthermore, the price has formed a double-top pattern, aligning with the highs of December 6 and December 11.
Ideally, the price might dip towards 97,785 before pushing upward or consolidate sideways for a day or two before breaking out to the upside. Traders may attempt to go long regardless, given the current double-top pattern. However, it’s preferable to see a third top form just below 102,150, transforming the pattern into an ascending triangle—a more powerful bullish signal. Breaching the December 11 high could indicate a potential rally toward 110,500. This move could also significantly uplift altcoins, many of which have recently suffered steep 30% declines.
What’s your take?
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BTC - ChatGPT Analysis!Want to see something cool? I entered the above chart into ChatGPT with no further information. My lines are drawn, so it clearly identified those as key levels in its analysis, but I did not offer anything else.
Here’s a technical analysis of the Bitcoin (BTC/USD) daily chart provided:
Key Observations:
All-Time High Retest Zone:
The price has broken above significant resistance near $100,000, which was a key psychological level. This breakout signals strong bullish momentum.
Bitcoin is currently consolidating just above this zone, suggesting a potential retest of support at $99,860.
Trend Confirmation:
Bitcoin is in a strong uptrend, as indicated by the series of higher highs and higher lows. Both the 50-day SMA (blue) and the 200-day SMA (red) are sloping upwards, confirming bullish momentum.
The price is well above both moving averages, indicating strong support and an extended bullish structure.
Volume Analysis:
Volume increased significantly during the initial breakout above $100,000, validating the move.
Recent volume levels during consolidation are slightly lower, which is typical during a pause after a breakout.
Support and Resistance Levels:
Immediate Support: The key level to watch is $99,860, where prior resistance is now expected to act as support.
Major Support: The next critical support lies near $73,835, the previous breakout level.
Resistance: While Bitcoin is trading in uncharted territory, potential resistance could form near psychological levels such as $105,000 and $110,000.
Momentum Indicators:
Momentum remains strong, with no immediate signs of bearish divergence. The absence of a pullback after such a significant rally indicates sustained buying pressure.
Potential Scenarios:
Bullish Continuation:
A daily close above $100,000, followed by a retest and successful hold of this level, could lead to further upside.
Potential targets include $105,000 and $110,000 in the near term.
Consolidation:
Bitcoin may consolidate between $99,860 and $102,000, allowing the market to absorb gains before the next move higher.
This would allow the moving averages to catch up and provide additional support.
Bearish Reversal:
A failure to hold $99,860 could trigger a retracement toward the 50-day SMA (~$85,000) or even the major support level near $73,835.
Strategy Recommendations:
For Bullish Traders:
Look for confirmation of a breakout above $102,000 for long entries, targeting $105,000 and beyond.
Use $99,860 as a stop-loss level to manage downside risk (I disgree with this, I would put it lower below support, not on support!)
For Bearish Traders:
Consider short positions if Bitcoin closes below $99,860 with increasing volume, targeting the 50-day SMA or $73,835 for a pullback.
Neutral Traders:
Monitor the consolidation near $100,000. A breakout or breakdown will provide better clarity on the next major move.
Conclusion:
Bitcoin’s daily chart shows strong bullish momentum, with the price breaking above the key $100,000 level. As long as $99,860 holds as support, the uptrend remains intact, with potential for further upside to psychological levels like $105,000 and $110,000. However, a failure to maintain this level could lead to a retracement, offering opportunities for both bulls and bears depending on the direction of the next move.
Not bad, ChatGPT, not bad. Not exactly my analysis, but cool to see.
BTCUSD - Possible sells?Here is our signal on BTCUSD . Potential short opportunity.
As the price on BTCUSD is moving in a “range” we could take this into our advantage and sell BTCUSD at the top of it. With smaller time-frames such as m15 we can see a clear break of the 100k support zone. We can enter into safe sells and target at around 98k. Our entry is sitting at the break of the support zone at 100296 . Our SL (Stop Loss) is sitting at 101273 while our TP (Take Profit) is sitting at 98276 .
PARAMETERS
- Entry: 100296
- SL: 101273
- TP: 98276
KEY NOTES
- BTCUSD broke the support zone on m15.
- BTCUSD is trading in a range.
- We are at the top of the range.
Happy trading!
FxPocket
BTCUSDT.. where is today resistance? holds or not??#BTCUSDT... profit taking is done in yesterday as we can see a straight drop from near top and now question is that it was profit taking or trend reverse?
so we have 98000 as immediate resistance area and one of the most important area for today and for next move.
only buy above that level otherwise at all.
good luck
trade wisely
BTCUSD will go sell Hello my dear subscribers
BTCUSD can go sell to 90,000
It's support zone will be 105,000
Current price 100,000
Our 1st mission will be 97,000
The extra target details in chart
Trading is a scam !?When someone says trading is a scam, what they’re often admitting is:
“I tried trading, lost money, and gave up.”
The truth is, trading isn’t a scam. It’s a skill—and like any skill, it takes dedication to master.
Success in trading demands:
📈 Deep market knowledge to understand trends and strategies.
🧠 Iron-clad psychology to handle losses and control emotions.
⏳ Endless patience to wait for the right opportunities.
⚖️ Proper risk management to protect your capital.
The question is: Are you willing to put in the work?
MOMENT OF TRUTHEither BTC surprise everyone and hit 100k or it would become a dumpster next month. Everything is flashing red but we're still optimistic until prover otherwise. 100K is possible and 76k is inevitable. Thanks for your time
