Come back in 2 years...Top is in or damn close here...people speculating now are asking for a spanking in markets...expecting a slow grind down to 40k levels over the next couple years...could be much worse though gl.
BITCOIN trade ideas
BEAT-COIN? (BTC PROBABLE MOVE)Alright, we seen expected price action movements to the downside (maybe not expected by some retailers Lol) and now there's a crazy number of questions being; one of it is where is it really going to end up before the new year? Well... I can't say for sure, I can only really predict the next price in short time.
In my chart above, I've marked out key infos; you can see the HTF point of interest taken from the 4H chart, where by candle wick; "price almost disrespected the fair value gap (had this happened by candle body, we would have an inversion gap that would be a support for a bullish move), but most encouraging (not for investors); price respected the 62%-79% fib levels which marked our O.T.E and it started dropping (potentially marking an end of the retracement move). But while I'm still a little skeptical about this vague movement all around, I moved over to the 15M timeframe for further forensics (Lol) as it may be beneficial to Currency, and perpetual traders. You would notice a liquidity sweep and if you draw a trendline liquidity from $92,149 up to the O.T.E level, you would see liquidity being taken out however you try to bend it; which may confirm our sentiment (but still not satisfied). I've marked out a key area in the chart that I expect should be broken, and if it is; we will have the market structure shift and look to take position. My next predicted price range is $95k - $89k.
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For perpetual traders, I may leave analysis either on BINANCE:BTCUSDT.P or BYBIT:BTCUSDT.P
BTC heads up into 105k: Genesis+Covid fib pair major resistanceBTC is up against a serious resistance zone.
Golden Covid fib makes the lower boundary.
Semi-major Genesis fib for upper boundary.
The bear is coming. We should runThe bear is coming. We should run
I am not perfect on explaining what is happening, but I am good in drawing my expectation.
in this expectation, I think there is a signal for Divergence from the tops which indicate price will revert to hard down, so keep in mind, Selling short period is about to happen.
and put in your mind, that the price sooner or later will come back to the main trend link ( the below white line)
so, BTC will go back again to the $60,000 again, and maybe less, you need to know the game, they drop the price with one click by selling a huge amount of BTC on their network, that's how they control the market, by selling and buying their exist BTC, they will never lose, this Satoshi Nakamato organization are like the CASINO, the house always wins. ;)
Bitcoin - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast: (Daily TF)
73777.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
A trough is formed in daily chart at 92424 on 12/23/2024, so more gains to resistance(s) 99607, 102700, 108293 and more heights is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (94200 to 92231). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (94200)
Ending of entry zone (92231)
Take Profits:
99607
102700
108293
110000
115000
118281
120000
125000
130000
134468
__________________________________________________________________
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Sorry Moonies we are going down... Alt Coin Season coming!Sorry moonies, Bitcoin is likely entering a Wave 4 correction within the larger Wave 5 structure, as per Elliott Wave theory. I raised this back in December 15th, and while this may bring short-term downside, it opens opportunities for Altcoin Season, as capital shifts from Bitcoin to alternative cryptocurrencies during this correction.
Elliott Wave Context:
Elliott Wave Context:
Current Position: Bitcoin is completing Wave 5 but must correct into Wave 4 before continuing to finalize the broader Wave 5 structure.
Wave 4 Correction Zone:
Elliott Wave theory suggests 70% of Wave 4 corrections retrace to Fibonacci levels between 38.2% and 61.8%.
As per my charts you can see the zones to be targetted.
Altcoin Season Opportunity
Bitcoin Dominance Decline:
The good news is that as Bitcoin retraces, dominance is likely to decrease, allowing capital to flow into Altcoins marking the much anticipated alt coin season.
Supportive Indicators for Wave 4 Correction:
Bearish Divergence:Visible on both weekly and daily charts. A divergence between price action (higher highs) and RSI (lower highs) indicates weakening momentum.
Stochastic RSI: Overbought on both weekly and daily timeframes. Bearish crossovers on both timeframes reinforce the likelihood of a downturn.
RSI Levels: RSI on the weekly is high; a healthy correction would allow it to reset before the final leg up.
Entry Strategy:
Re-entry Signal: When stochastic RSI turns bullish on the weekly I will look for entry points on the daily charts.
Confirmation: Ensure price action aligns with Fibonacci retracement levels and momentum indicators.
Bearish reversal?The Bitcoin (NTC/USD) is reacting off the pivot which acts as an overlap resistance and could drop to the 1st support.
Pivot: 99,238.95
1st Support: 94,532.95
1st Resistance: 102,235.80
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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BTCUSD major dump will start from below 86K$ support This is just the beginning of fall and correction to the downside if the 90K$ support break.
major daily support which is currently holding price is 86K to 90K and if that support zone break we are looking for more and heavy dump here like the red arrows and also 35% fall target will hit.
DISCLAIMER: ((trade based on your own decision))
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BTC Bleeding - When Bottom?Bitcoin is in a corrective phase following a sharp rally, with the $92,000 50-day SMA acting as the first critical support zone. A break below this could lead to further downside toward $89,000 or $73,835. To regain bullish momentum, Bitcoin needs to reclaim $99,860, targeting $108,300 and higher. Keep an eye on the RSI and volume for confirmation of the next move.
Key Observations:
Recent Price Action:
Bitcoin recently reached a high of approximately $108,300, marking the peak of the current rally.
Following the high, BTC has experienced a sharp pullback, breaking below the $99,860 support level and currently trading near $93,569.
The pullback reflects a correction of approximately 14% from the peak.
Bearish Divergence on RSI:
RSI Divergence: While price made a higher high at $108,300, RSI formed a lower high, signaling a loss of bullish momentum.
RSI is now trending below 50, confirming bearish short-term momentum.
RSI will eventually make it to oversold, but that could be far down the road. Still worth noting that it is only at 40, so there could be a long way to go if the correction continues.
Key Support Levels:
$92,000: Immediate support around the 50-day SMA, which aligns with a consolidation zone during the earlier stages of the rally.
$89,000: A secondary potential support just below the 50-day SMA.
$73,835: Major breakout level from the prior range and a strong support zone if the correction deepens.
Key Resistance Levels:
$99,860: This level, previously a support, has flipped to resistance following the breakdown.
$108,300: Recent high and critical resistance, acting as the upper boundary for potential continuation.
Volume:
The recent sell-off has occurred on elevated volume, confirming active selling and validating the correction.
Moving Averages:
The 50-day SMA (blue line) is currently around $92,000, providing immediate dynamic support.
The 200-day SMA (red line) sits significantly lower, near $72,000, reinforcing long-term bullish structure.
Interpretation:
Bearish Signals:
The bearish divergence on RSI has played out, leading to the breakdown below $99,860.
Price is testing the 50-day SMA at $92,000, a key short-term support zone.
Support Zones to Watch:
$92,000 (50-day SMA): Critical for maintaining the short-term bullish trend. A strong bounce here would be encouraging.
$73,835: Long-term support level, aligning with the breakout zone from earlier in 2024. A breakdown to this level would still preserve the macro bullish structure.
Potential for Reversal:
To resume its uptrend, Bitcoin must reclaim $99,860 and hold above it. A strong bounce from the 50-day SMA would reinforce bullish sentiment.
Scenarios:
Bullish Case:
Bitcoin holds the 50-day SMA at $92,000, forms a higher low, and begins to climb back toward $99,860.
A reclaim of $99,860 with increasing volume would target a retest of the $108,300 high and potential continuation.
Bearish Case:
If Bitcoin fails to hold $92,000, the next logical support is around $89,000, followed by a deeper correction to $73,835, which would still align with the broader macro bullish structure.
LONGPrice made LL and LH, and currently we are witnessing reversal as we see HH and hl.
Expect price to hit a new high at the previous lower high area as marked up in my chart
Bitcoin BEARISH 4 Hour Chart - Trend Line Support BrokeBitcoin has broke down through an important trend line support level on the 4 hour chart. It is currently in the process of re-testing the line before a continuation down again. It's possible that Bitcoin may gain short-term up to around $100000 before the re-testing is complete. Or it may just start falling like a rock before then.
The trend line was tested multiple times and is a reliable signal of what is to come. This also agrees with my analysis on the weekly chart too. Both charts indicate a potential drop for Bitcoin to around $75000.
Please note: this is a crazy world and anything could happen, but this is my analysis based solely on the chart. I would say the same if it were corn, copper, or whatever else. Be cautious buying Bitcoin anytime soon based solely on hype! As I said above, it could gain short term to re-test the line which is now resistance, but it will probably be short-lived.
"Accelerated Timeframe View" Attention Traders: Listen Up – This is Important!
ForexX News
My approach is fundamentally different from just reading chart structures. Data is what drives my analysis.
Chart structures? I've said it before: they're often manipulated by smart money. But if you can align structural insights with solid data—and your confidence is unwavering—then it holds weight.
While 108K is my broader target, I’ve consistently reminded readers to take it step by step. For now, my measurement points to $103,683 as a key level. From there, Bitcoin might see a correction, but the future remains uncertain.
Currently, Bitcoin is in a parabolic phase on the 23-hour timeframe. This adds significant momentum to the current price action and aligns with my data-driven projections.
When this target comes to pass, you’ll know exactly who you’re following. My ultimate goal is to eliminate all doubts and never fall into the guessing game. As always, let’s wait and see how price action and liquidity unfold before making any definitive calls. Stay sharp!
BTC\USD Ascending Broadening Wedge FALL ALERTIn this idea we have a ascending broadening wedge On Bitcoin that really matches the behavior we have witnessed recently. I did my best to project the targets we should see as we break out to the downside assuming that is how this moves. Maybe it will maybe it won't. Only time will tell. Good luck to everyone and much love- ND
Ps-If you look at the formation in smaller frames where we are now you will see the exact formation that is towards the end of the example.
BTC heads up at 97.8k: Genesis fib and Last Stop before 105kShown here is a single fib series in three different time frames.
The Genesis Sequence has caught every major turn since 2015.
This fib is a "minor" ratio but a big jump from Golden fib below.
$ 97,769.44 (Coinbase) is the exact level of concern.
It is PROBABLE that we see a pullback from it.
It is POSSIBLE that it marks 'a' top or even 'the' top.
It is PLAUSIBLE to orbit a few times and then continue.
======================================================
BTC/USD 4 HOUR CHART FALL WARNING BARTS HEADIn this idea I illustrate how we are on a Barts head falling to 86-87k range. The reason I believe this has been missed by a lot of people is the slanted angle of it as we are on a hard uptrend. Tilt your head and see what I mean...I hope this helps you. Much love - ND
Bitcoin (BTC): Waiting For Final Confirmation!On a daily timeframe we are waiting for that waiting zone to be broken fully and secured by sellers, where as of now we have been just testing the grounds there.
As soon as we see the break of this zone, we will be looking for a further movement to the final correctional movement.
This would be the most ideal setup and if we reach the lower zones near 200EMA, this would be 100% zone where we would buy everything on the way!!!
Swallow Team
#BTC/USDT Eyeing on a NEW ATH OR Is it JUST A TRAP?Bitcoin had a beautiful daily close, but it’s still trading below the dynamic support trendline. A sharp bounce off the 50 EMA resulted in a strong hammer candle, a promising sign for the bulls.
Was this a trap?
Are we on a path to a new all-time high while many players have already been shaken out and liquidated?
The next few daily candle closes will give us the answers.
Stay tuned.
#Crypto
Please hit that like button if you like my timely updates.
Thank you
#PEACE
BTCUSD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for EUR/USD below:
The price is coiling around a solid key level - 97265
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 10074
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
BITCOINUSD BREAKOUT SELL SETUP (READ CAPTION)hi trader's. What do you think about bitcoinusd
Current price: 96900
Bitcoinusd breakout parallel channel and . Holding parallel channel down side .Possible bitcoinusd nove to first tp 95550 and 95550 breakout then bitcoinusd fall down 92600
Resistance zone: 97500. 98700
Support zone: 95550. 92600
Like comment thank you for support
Actual Bitcoin Cycle!!!This is the possible count for the current BTC cycle; we should see a correction in this zone according to the sub-trend before resuming toward new highs near 142k.
My Best analysis Sell Setup:
Entry Point (Sell): 99,605
Take Profit (TP):
TP1: 98,173
TP2: 96,038
Stop Loss (SL): 100,981
Buy Setup:
Entry Point (Buy): 96,038
Take Profit (TP):
TP1: 98,173
TP2: 99,605
Stop Loss (SL): 94,000
Analysis:
1. The current market price is at 98,173, and there is a potential uptrend, with the price possibly reaching 102,293.
2. If the price breaks 99,605, a sell entry is expected.
3. A buy entry can be initiated near the strong support level of 96,038.
Bitcoin Breakdown, Pi Cycle Top Projections, and USDT.D UpdateIn this video I break down what I'm seeing with Bitcoin and the possibility for an even deeper correction into the Green Buy-Block zones.
I also revsit my Fibonacci projections for this cycle, with initial targets of up to $150k and ulitmately a $200k high target based on the 3.618 Fib retracement projection.
There's confluence with these targets using the measured moves from the recent Bull Flag breakout as well.
The BIG question is, where do we go from here?
Here we check out the Pi Cycle Top indicator, and I make some potential projections...
And propose the idea of a dual-cycle top, like we saw in 2013.
It makes sense, that we see a Jan / February pump to new highs, followed by a recessionary bust in Q2 (March) into the summer and potentially into Q3.
But then rally strongly up from there in Q4 as Oct, November and December are typically very bullish in a 4 year cycle. Either way, I think $200k is the cycle top, if we can get there.
The USDT.D study has also been updated, to show 'sticky' support here on the lower trendline, allowing BTC to push higher again above $100k and even rally higher per above. But then we'll likely see a reversion to the mean, with the USDT.D and Total Market Cap / Bitcoin prices.
Check out the video, and share some love with a Like, Comment, and Share.
Best to luck to everyone!
- Brett
