BTC BullishTechnicals are ligning up for BTC to go up and make a new all time high. I expect more accumulation if there's a new retracement.
BITCOIN trade ideas
BTC Analysis: Short-Term Action, Long-Term VisionBITSTAMP:BTCUSD Bitcoin is currently consolidating near $94,000, with strong support around $92,000 and resistance at $96,000-$98,000.
🔥 FinCaesar’s Strategy:
Short-Term: Buy near $92,000 and take profits at $96,000-$98,000.
Long-Term Forecast: If $98,000 resistance is broken, expect a rally to $110,000, fueled by renewed bullish momentum and institutional interest.
Prediction: A decisive break above $98,000 will confirm the continuation of the bullish trend, aiming for $110,000-$120,000 in the coming months. Stay vigilant—this move will separate leaders from followers.
"Victory favors the prepared. Will you rise, or will you watch?" — FinCaesar
#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 Scalp longBTC price has now made a HL after that last dip.
Long scalp opportunity here to long any small retrace as long as it doesn't take out the previous low circled. Trade invalidated if it loses the low except if it just wicks below to take liquidity then pumps back up.
Similar to the long entry on the chart.
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! 🚀
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..
BTC Possible Sellstop run to 80k? BTC CME GapPotential larger timeframe seek and destroy profile, building up considerable sellside liquidity to later run.
This would act as a deviation or fakeout both sides of this range as charted here.
Daily BiSi (Bullish FVG) is the draw and our point of interest.
Bitcoin long Time to execute our longs.
We were hoping for this correction.
Retest of the trendline and i think she is ready for a take off .
Bitcoin Dips to $96K Amid MARA and Hut 8’s Major Accumulation SpBitcoin ( CRYPTOCAP:BTC ), the flagship cryptocurrency, faced a notable price dip to $96,300, reflecting a 6% decline over the past 24 hours. Despite this, significant institutional purchases by MARA Holdings and Hut 8 highlight the growing confidence in Bitcoin's long-term potential.
Institutional Accumulation on the Rise
MARA recently purchased 15,574 BTC at an average price of $98,529 per Bitcoin, totaling $1.53 billion. This acquisition, financed through zero-coupon convertible notes, has increased their holdings to 44,394 BTC, worth $4.45 billion at current prices.
MARA’s year-to-date BTC yield stands at an impressive 60.9%, underscoring their strategic accumulation approach.
Another institutional player, Hut 8, announced the purchase of 990 BTC for $100 million. These acquisitions demonstrate that major players view current prices as an attractive entry point, reinforcing Bitcoin's narrative as a store of value.
Market Sentiment and Activity
Despite the dip, CryptoQuant reports no signs of widespread panic selling. This indicates resilience among market participants, with many holding firm in anticipation of a rebound. Additionally, Bitcoin remains 4.59% up in December and 60% up over the past four months, reflecting its strong performance in the broader macroeconomic environment.
Technical Analysis
1. Relative Strength Index (RSI):
Bitcoin’s RSI currently sits at 35, signaling oversold conditions. Historically, such levels have often preceded a price rebound.
2. Fibonacci Retracement Levels:
Immediate support is observed at the 65% Fibonacci retracement level, a critical zone that could stabilize the price. However, persistent selling pressure might push Bitcoin lower, with potential targets at:
- $90,000 (1-month low)
- $80,000 (key psychological level)
3. Volume and Liquidations:
Over $100 million in liquidations occurred in the last 24 hours, suggesting significant market volatility.
Short-Term Outlook
While the dip has raised concerns, Bitcoin's fundamentals remain strong, bolstered by robust institutional demand. The oversold technical conditions and significant support levels suggest a potential recovery in the coming days. However, traders should remain cautious, as further dips could occur if broader market conditions deteriorate.
Conclusion
Bitcoin’s dip to $96K reflects short-term volatility, but the sustained interest from institutional players like MARA and Hut 8 underscores its long-term potential. As market sentiment stabilizes, Bitcoin could see renewed bullish momentum, making this an opportune moment for investors to assess their strategies.
BITCOIN Long Position This chart analysis focuses on the BTCUSD pair on a 15-minute timeframe. Below is a detailed breakdown of the key elements:
### **Key Observations**:
1. **Trendline and Pattern**:
- There is a clearly drawn ascending trendline (black) that shows an upward bias in the market's overall structure.
- The price has been respecting this trendline, indicating strong buying pressure at the lower levels.
2. **Resistance Level (108,276)**:
- A horizontal blue resistance line at 108,276 marks an important level. A breakout above this resistance with a **green candle closing above** is a key signal for entering a long position.
- Historically, this level has acted as a significant barrier, rejecting price movement multiple times (seen with price failing near this level).
3. **Support Zones**:
- The green and red shaded regions between approximately **99,358–96,122** act as demand zones. These areas have historically attracted buying interest, with clear evidence of price bouncing from these levels.
4. **Trade Setup**:
- A **long position is planned** if the price breaks above the resistance (108,276) with confirmation from a candle closure.
- The potential trade includes a favorable **risk-to-reward ratio** indicated by the green (profit zone) and red (stop-loss zone) regions.
### **Technical Indicators**:
- **Double Bottom Formation (Bullish Reversal)**:
- Two circled regions (around 96,000) suggest a double bottom, signaling potential upward momentum. This strengthens the bullish bias.
- **Historical Resistance Retests**:
- Price has tested the horizontal resistance multiple times, indicating its strength. A breakout will likely lead to a significant move higher.
### **Risk Management**:
- **Stop Loss**:
- Positioned below the recent swing lows near **96,832** to protect against invalidation of the bullish setup.
- **Take Profit**:
- Potential targets are identified using Fibonacci levels or prior resistance zones, with the first target at **109,208**, aligning with the higher trendline.
### **Final Notes**:
- The setup relies heavily on price action. Ensure confirmation of the breakout with strong volume before entering the trade.
- Monitor BTCUSD fundamentals or macroeconomic events that may influence volatility during this period.
this is not trading advice .. trading is risky
Bitcoin ChartI just told a few of my family to get rid of some not all of their bitcoin to pick it up at a lower amount, there's Money to be made on both sides of the chart.
Has BTC Topped for now? I examine the real possibility the BTC was just completed 5 waves up, and we will see 5 waves down. In green. A break below $98,700 takes us to $73,800. I see this as the highest probability scenario, and the best place to rebuy.
btcTo reach higher numbers, the bit faces three resistors in the red lines; if it cannot pass, the lower lines are activated.
BTC following suite with the rest of the market's yearly closeWeekly levels are still keeping the HL > HH narrative. Going into the year we want to see the nearest weekly lows tested $94K down to the imbalance high around GETTEX:89K , the lower the better here.
I believe BTC following suite with the rest of the market is seeking levels for the yearly candle transition. During this process we will expect a strong low to be placed to support the rest of the yearly surge to come.
A clear support zone in the imbalance below on daily chart with volume profile POC also resting in this fib retrace range. As we can see on VP the bullish liquidity is heavy in this range.
Although this range is heavy bullish, I do expect a deeper sweeping of weekly lows before the next year's candle finds its stable low.
Daily chart >>
