If the 95-97K support holds strong I'll stay BullishThis resistance zone is well known. If the support 95-97K holds strong I will stay bullish
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BITCOIN trade ideas
Daily Analysis of Bitcoin – Issue 233The 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.
BTCUSDTThe 15-minute candlestick chart of Bitcoin (BTC/USD) with a bullish Gartley harmonic pattern. The chart includes Fibonacci retracement levels, RSI indicator, and marked support and resistance zones. This chart is relevant for traders looking for potential reversal points and trading opportunities based on harmonic patterns.
BTC USDT Update During Christmas Days```During the Christmas holidays, minor corrections occur due to low volume```
A major correction has already occurred from 108K, as predicted. Now, hopefully, one more correction will happen during the Christmas holidays. However, the trading volume during Christmas 🎄🎁 will likely be low. Gradually, BTC is expected to move upward 📈, breaking 108K, creating support at 105K, and then heading toward its next and final leg up to 123.5K, 143.5K, and 163.5K.
After that, the bear market will hopefully begin, likely around March/April, with a maximum extension until May at the latest.
I will update you before the market peaks, the bear market starts, or the time comes to exit the market based on my system.
BTCUSD Short after a Massive 2 MonthsBTCUSD Medium term short - It might be worth placing a small sized EA on this pair and try to make a little money while we wait for Trump's inauguration in late Jan 2025.
Consolidation is most likely.
A Deja Vu Moment? 31% Correction to Previous ATH $73KThere’s something about the charts that’s been bugging me lately—definitely leaning toward a bearish bias.
As much as I want to be bullish and for Alt Season to kick off, my focus on Bitcoin is mainly to gauge the pulse of the Altcoin market. But there’s something on the weekly charts that’s hard to ignore.
The Stochastic RSI has turned bearish, signaling a downward bias for Bitcoin’s immediate direction. This could play out as an overall correction that might take another week to play out.
Adding to this, back in November, Bitcoin’s price rejected off the 0.618 Fibonacci level on Bitcoin Dominance. This level marked the peak for Bitcoin dominance in the 2021 bull run. At that time, the stochastic RSI was overbought with a bearish crossover and dominance rejected off the 0.618 Fib level, leading to a 31% correction over two weeks before the market quickly rebounded.
Fast forward to today, we’re at a very similar juncture. Stochastic RSI is overbought and we have rejected off bitcoin dominances 0.618 fib level - Will we see a 31% Correction?
Well! If we were to see a 31% correction from the previous ATH, it aligns almost perfectly with the 0.618 Fib level—hard not to see this as more than just a coincidence.
On top of that, I suspect we’re currently in a Wave 4 correction. However, a pullback to the 0.236 Fib level feels almost too straightforward to me—perhaps too easy.
What do you think? Would love to hear your thoughts!
bitcoin start bullish after respecting 4 hour time frame order block. now it going to be bullish again
bitcoin bearish third wave probably is underway bitcoin complete its bullish phase and it is very very near to bearish phase and the biggest bearish wave that is wave 3 of 3 is probably underway . if bitcoin goes 103000 usd or above this analysis may be incorrect and the best price for last leg of this correction showed on chart is 101000 usd .
btcusd on bearish reverse below 92130#BTCUSD on multiple reverse, now we exercise drop below 92130 for longer sell till 90k-89k but market price sell can start at current price ,above 93800 buy can still move. Overall move on #BTC can take correction if price falls 92130 back to 93k-94k. Selling at 92130, SL 92800 TP 90k 89k
#BTCUSD 4H#BTCUSDBTCUSD (4H Timeframe) Analysis
Market Structure:
Trendline Support Breakdown: The price has broken below a previously established trendline support, indicating a potential shift in market sentiment from bullish to bearish.
Forecast:
Sell Opportunity: The breakdown below trendline support suggests that bearish momentum may take over, and further downside movement is likely.
Key Levels to Watch:
Entry Zone: After the trendline breakdown, wait for confirmation of continued selling momentum or a retest of the broken trendline as resistance.
Risk Management:
Stop Loss: Above the broken trendline or recent swing high to limit risk.
Take Profit Zones: Focus on next support levels or Fibonacci projections for potential downside targets.
Market Sentiment:
Bearish Outlook: A trendline support breakdown typically signals that the buyers have lost control, and further downward movement is expected if the price remains below the broken trendline.
"In markets, gravity always wins."📉 Bitcoin Analysis (BTC/USD) 📉
Bitcoin's meteoric 100% rise since September screams overextension. The euphoria may be fading, and a correction looks imminent.
🔻 Key Levels to Watch:
$73,800: The first major support—breaking this could accelerate the drop.
$65,600: A likely target if bears take full control.
The chart suggests BTC is overdue for a pullback. Corrections after such rallies aren’t just likely—they’re inevitable. Bulls, buckle up. Bears, this might be your moment.
"In markets, gravity always wins."
BTCUSD is holding its MA50 (1d). Bullish!Bitcoin touched the MA50 (1d) today and immediately rebounded, making a strong statement of how important of a support level that is.
The last time it hit the MA50 was on October 11th.
The pull back resembles March 20th from Bitcoin's last major rally, which rebounded and hit the 0.786 Fibonacci level.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 105000 (the 0.786 Fib).
Tips:
1. The RSI (1d) patterns of the current correction and March's are virtually identical and in fact today it hit the exact same Support leve (46.50) it had when the price rebounded on March 19th.
Please like, follow and comment!!
Notes:
Past trading plan:
Bitcoin's Ugly WeekKey Observations:
Recent Price Action:
Last week’s candle was a large bearish engulfing candle, marking a significant rejection and pullback from the $108,000 zone.
Bitcoin has broken below the $99,860 support, which had previously acted as a key level during the rally. This level is now likely to serve as resistance.
Current price sits near $95,905, attempting to stabilize after the sharp sell-off.
RSI Analysis:
The RSI on the weekly timeframe is trending downward after reaching overbought levels (~80).
The RSI is currently sitting near 67, which is still bullish but indicates weakening momentum.
This decline in RSI aligns with the pullback in price, signaling a potential cooling-off period for Bitcoin's uptrend.
Volume:
Last week’s bearish candle was accompanied by high volume, confirming strong selling pressure.
This suggests that the pullback is not just a minor correction but a significant event that traders are actively responding to.
Support and Resistance Levels:
Support:
$89,000–$90,000: Key area and a psychological level where buyers might step in.
$73,835: Major breakout level from earlier in 2024, which remains a critical support zone in the event of further downside.
Resistance:
$99,860: Previously strong support, now flipped to resistance.
$108,000: Recent high and upper boundary for potential future attempts to reclaim bullish momentum.
Trend Structure:
The weekly structure remains bullish overall, with higher highs and higher lows intact.
However, the break below $99,860 signals a potential shift to short-term bearish momentum.
Key Considerations:
Last Week’s Candle:
The large bearish engulfing candle signals significant selling pressure at higher levels.
This type of candle often precedes further downside or at least a period of consolidation, especially when confirmed by strong volume.
Bearish Momentum:
The break below $99,860 combined with RSI dropping from overbought territory suggests a cooling-off phase in the uptrend.
Further downside to $89,000–$90,000 is likely before buyers step in to defend.
Long-Term Bullish Case:
Despite the short-term pullback, the macro trend remains bullish, with price still well above the 50-week SMA and prior breakout levels.
A retest of $89,000–$90,000 or even $73,835 would still align with a healthy correction in a long-term uptrend.
Bitcoin's weekly chart shows a significant pullback after a sharp rally, with RSI and volume confirming short-term bearish momentum. Immediate support lies at $89,000–$90,000, while $99,860 acts as key resistance. The broader trend remains bullish, but this correction could deepen before resuming the uptrend.
BTCUSD Revision 22 December 2024Hello Nation!
Let’s see what BTC did. We open today at 96537 area. It did made a huge gap breaking a Resistance level. The same Level became a Support. As multiple rejections can be seen. To me that a good hint for a buy entry. I marked out my m15 Box and that will be my point of interest for a buy entry.
With 30 Pips SL risk and 100 Pips TP. It will be a nice winner. I did took this entry but i secured at 94 Pips. My risk was smaller than 30pips as i make them precise on m1 or m5.
Price went up straight to a Daily SBR area. Once i spotted Price was breaking a support on the H1, this information is key to me. I marked the Support that broke and that same area is now Resistance. A point of interest which i will monitor.
Again, I drew out my m15 box after the identifying Support and Resistance in that area. Upon seeing multiple bearish reactions. I was confident price will be making a move down. I took a sell entry.
This time i targeted the H1 low which give me a bit more than 100 pips. I secured this entry at 138 Pips. Knowing that there was gap during market open. I could have attempted to target much lower. But i am happy with what i got. It was a very good day for me.
BTC is just bouncing off its supply and demand. As you know, I don’t make predictions on my post. I will only try to share what story that i see after the candles happen.
Thank you for Reading. Good Bye!
December 18 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Above is the 30-minute Tether Dominance chart.
Roughly, it should proceed as the blue finger moves,
and the beat should move in the opposite direction, right?
If I explain it, it may take all night,
so please refer only to the drawing section and major price ranges.
This is the Bitcoin 30-minute chart.
The FOMC US interest rate announcement is at 4 a.m.
Since the no-questions-asked decline yesterday,
the mid-term pattern has also been broken, so there have been a lot of turning points.
The strategy is going to be one-way,
but I don't know how to explain the mid-term turning point.
The secret section at the bottom is the Gap8 section,
and when I draw it, it seems impossible if it doesn't fall right away from the current position.
To summarize,
*The blue finger movement path is a two-way neutral
short->long switching strategy.
1. $106,394 short position entry section / red resistance line breakthrough or top section
touching is the stop loss price
2. $104,310.5 long position switching / stop loss price when the green support line is broken
After the final long position switching,
I don't know how it will move. Long target price is Top and I'd like to talk again tomorrow.
The purple support line drawn from the current position basically has to be maintained for the strategy to succeed, so please watch closely.
Orange resistance line breakthrough -> Purple support line must be damaged or separated.
... It's hard to explain.
Also, the movement within the convergence section of the orange resistance line in section 1 and the green support line in section 2 marked above and below is a sideways movement.
If it falls right from the current position or falls after section 1,
the section 2 at the bottom becomes the final long position entry section.
(section 1 is the first short position entry section of today)
section 3 is the support line of the 4-hour Bollinger Band.
It's around section 4+6 where the mid-term pattern is restored.
It becomes today's major support line,
and the bottom section is the center line of the 12-hour Bollinger Band chart.
Overall, if only the green support line is maintained,
it would be best for a long position.
I marked a thin gray line below the bottom,
which is a mid-term trend line.
Since the low point continues to rise,
if this position is not broken,
the uptrend can continue.
Up to this point, please use my analysis as a reference and only
I hope you operate safely with principle trading and stop loss prices.
Thank you.
Push to 112k and then a january pullbackLooks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way. Looks to me it all fits like this way.
BTCUSD - Missed TP ? that's okay history says 140KI followed too blindly this fractal that went almost perfect but was waiting 120k to take partial profits and missed a 30% opportunity,
I'll know take profits more often by moving from risky alts to BTC or other assets resistant to drawdown
the middle line of the channel BTC is evolving seems to support very well and I'm gonna assume the correction is already over, you can still expect to see another dip to 86k tho (but I dont believe this)
my simple trade idea : green is path of 4 years ago, blue is path of last year
first TP will be at 120k & 144K see you in 3 weeks
not financial advice
cheers
BTC - Pullback to 100k - Bullish divergenceAfter a sharp drop, it seems a head and shoulder pattern is forming. Seems there is bullish divergence on the MACD as well. Will we pull back to 100k tonight?
BTC/USD - daily chart divergence showed the wayThe divergence was strong with this one.
Both the RSI and MACD showed huge Divergence from the Price.
Divergence is a very good way to try and prevent your buy trade from being someone else’s exit liquidity at the top.
It'll be interesting to see if those Liquidity Voids below get filled up.
Divergence:
Liquidity Voids:
BTC Selloff Reversal. Uptrend ContinuesBTC selloff after Powell's comments Wednesday took us down to the 50 day MA. A correction I've been anticipating. This occurred multiple times on the way up last cycle. The selloff produced a descending broadening wedge on the way down. This often leads to a reversal and that's what I'm predicting and starting to see unfold. My target is 102.3 but i'll be moving SL up as I go.
Bitcoin 2025 Strategic Insights!🚀 Bitcoin 2025: Strategic Insights!
Historical EMA (50 & 200) trends signal key support zones around $80K-$90K, with potential dips to $70K based on past cycles. Institutions forecast highs between $120K-$200K in 2025, driven by ETF inflows and global adoption.
continued retracement to the downside4HR TF: Immediate resistence tested and failed to break above.20EMA acted as second Resistence. BTC is likely not ready yet for rally to the upside.
