BTC - Weekend pump back to 105?To me this seems like a reversal pattern is forming and being verified. Bullish divergence and bullish continuation on MACD. BTC also broke the downtrend it has had the recent days, and inflation news on yesterdays friday indicates things aren't so bad after all.Longby souledoule4
BTCUSD 4H TFWill be looking for possible longs on BTCUSD due to the strength of the demand area found at the zone. once price action confirm will pull the trigger at 91800 Longby A_markonikovvs3
Bitcoin technical analysis + trade planThe chart shows a clear falling wedge formation. This is a bullish reversal pattern that suggests a potential upward breakout. Price is nearing the wedge's apex, indicating that a breakout might be imminent. Key Support and Resistance Levels: Support Levels: $88,671.83 (near-term critical support) $86,000.00 (strong psychological support) Resistance Levels: $95,497.11 (short-term resistance near breakout zone) $108,329.96 (target resistance post-breakout) Indicators: VWMC Cipher B Divergences: Bullish divergence appears on the indicator, aligning with the falling wedge's bullish potential. RSI: RSI is below 30, indicating oversold conditions, which often precede a rebound. Money Flow Index (MFI): MFI is oversold, suggesting incoming buying pressure. Stochastic Oscillator: Stochastic is in the oversold region (<20), showing high potential for a bullish reversal. Market Sentiment: Given the oversold indicators and bullish pattern, the market is primed for a potential upside movement. However, confirmation of the breakout is critical. Trading Plan: Entry Strategy: Enter long near the wedge's lower boundary (~$90,000), with a tight stop loss below $88,000. Conservative Entry: Wait for a breakout above the wedge's resistance (~$96,000) and enter after confirmation with a retest of the breakout level. Stop-Loss Placement: Place stop-loss below the nearest support level: Aggressive traders: $87,500 Conservative traders: $92,000 (post-breakout retest failure) Profit Targets: First Target: $108,329.96 (major resistance level post-breakout) Second Target: $114,000 (psychological level, based on historical price action) Risk Management: Risk no more than 1-2% of your portfolio per trade. Use position sizing to balance risk-to-reward ratios (minimum 1:3). Monitoring Volume: Ensure the breakout is accompanied by increased volume. Candle Structure: A solid close above $96,000 validates the move. Invalidation: If the price falls below $88,000, the wedge pattern is invalidated, signaling further downside. Alternative Scenario (Bearish): If Bitcoin breaks below $86,000, expect a test of lower levels. Potential targets include $82,000 and $78,000. Bitcoin is poised for a significant move. The falling wedge, oversold indicators, and strong support levels suggest an imminent bullish breakout. However, patience for confirmation is key to minimizing risk and maximizing gains. Adjust your strategy dynamically based on market conditions.Longby elfabiiani3
BTC/USD Showing Signs of Wycokoff Accumulation on 15min chart.BTC is starting to show the signs of a Wycokoff Accumulation pattern on the 15 min chart. I think it is too early to use it to make a trade as the general market sentiment is unknown when New York trading opens up on Monday. If the S&P 500 and other exchanges open down on Monday I would not expect this pattern to continue and BTC could move down further. If you look at other Alt coins such as ETH and LTC you will see a similar pattern but the S&P 500 chart look poised to open down on Monday so I am personally not trading any of these patterns until more information comes it. Trading carefully. End of year trading is always a wild card. by swineninety92
Bitcoin to $84,000? Altcoins Christmas Dump Incoming?🚀 Bitcoin to $84,000? Altcoins Christmas Dump Incoming? 🎄📉 💡 CRYPTOCAP:BTC Analysis: The market is heating up! Could Bitcoin skyrocket to $84,000 and break new all-time highs? 📈 Recent price movements suggest strong bullish momentum, sparking optimism among investors. But what does this mean for altcoins? 🤔 🎄 Christmas Dump for Altcoins? Historically, the holiday season has seen market corrections, and this year might be no different. Here’s why: 1️⃣ Rising Bitcoin Dominance: As Bitcoin captures attention, funds may shift from altcoins to BTC for short-term gains. 2️⃣ Altcoin Selling Pressure: Traders reallocating to Bitcoin could drive altcoin prices down. 3️⃣ 2024 Opportunities: If Bitcoin consolidates after its run, altcoins could regain momentum in the new year. 🔥 My Take: This could be an ideal time to re-evaluate your strategy. Are you: Holding strong with altcoins, waiting for their next breakout? 🛡️ Riding the Bitcoin wave to potential new highs? 🌊 📢 Let’s discuss! What’s your play as we approach the holiday season? Share your strategy below! ⬇️ Shortby AlphaBull-Trading3
BTC Seeking Bullish DivergenceYou have been here long enough to know what bottom signal I am looking for, right? RSI is oversold on the 4-hour chart, so now I will look for bullish divergence to signal at least a local bottom. We don’t need to see it, but it certainly helps.by ScottMelker2
December 19 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. This is Bitcoin's 30-minute chart. In a little while, at 10:30 and 12:00, there will be a Nasdaq indicator announcement. As I explained, Nasdaq and Bitcoin both reached the center line of the Bollinger Band daily chart, but Nasdaq is recovering the 12+ daily pattern, and Bitcoin has touched the center line of the daily chart alone, so the mid-term pattern is broken. Even if it succeeds in bouncing back from the current position, it is a problem, but today, at least in Nasdaq, there is a higher possibility of a sideways movement rather than a plunge, so we proceeded with trend following. *Red finger movement path One-way long position strategy 1. 101796.5 dollars long position entry section / When the green support line is broken or when section 2 is touched, stop loss price 2. 104828.5 dollars long position 1st target -> Good 2nd -> Great 3rd If the strategy is successful, the daily chart ends. The 1st section of the red finger is a long position re-entry attempt and stop loss price autonomous section. Today, the 15-minute Bollinger Band center line has not been touched even once, so the strategy is to play at 5+15 or even 15+30 even if it is pushed. With a strong upward condition, the success rate is approximately less than 5%. From the 1-hour chart center line touch, it can be dangerous because it is open downward, right? Also, I marked the purple finger at the top. In order to succeed in today's strategy, you must first touch 102.7K to increase the probability, and the long position switching position can change from the 1st section touch consecutively. If the adjustment comes out immediately without touching the purple finger at the current position, a long position entry position can come out once within the purple support line near the center line of the 30-minute chart, and it becomes a dangerous section from the 2nd section touch. You can see the movement within the convergence section of the orange resistance line of the 1st section and the sky blue support line of the 2nd section at the top as a sideways market. I drew a gray rising trend line in the 3rd section, and if it doesn't deviate from this section depending on the movement this week, it can continue to rise. If the 3rd section touches today, it seems like it will be a double bottom condition, but I don't recommend it. Bottom is the place where the 12+ daily pattern can be restored, but if a strong rebound does not occur, the candle may deviate from the center line of the daily chart, so additional declines may occur. Up to this point, I ask that you simply use my analysis for reference and use, and I hope that you operate safely with principle trading and stop loss prices. Thank you. Longby BitCoinGuideUpdated 3
Bitcoin's Rally Loses Steam: A Reversal Pattern Takes Shape● Bitcoin reached a record high of approximately $108,390, driven by strong bullish momentum. ● However, the rally was short-lived as intense selling pressure kicked in, triggering a rapid decline to $92,500 and erasing some of the recent gains. ● The frequent price fluctuations are likely to form a Head & Shoulder pattern, a bearish pattern that indicates a potential trend reversal and further downside. ● A sharp decline is expected if Bitcoin breaches below $91,500.Shortby NaranjCapital3
BTCUSD look like bullish as getting channel as support BTCUSD look like bullish as getting channel as support hello traders hers his my analysis for BTCUSDD and you can take aslo share your ideas too BTCUSD sideways move in channel and getting support from channel long position will taken from here with proper SL and TP key Areas Entry zone $95400 to $95200 TP $96500 TP $97500 TP $98500 SL $94500 FOR MORE IDEAS AND SIGNALS PLZ LIKE SHARE COMMENT AND FOLLOWLongby Investing_Hours4
%20 Correction on Bitcoin?With usdt dominance looking like it's bottoming, i expect one more all time high before a %20-25 dump on bitcoin, eventual targets are still higher at 127-155k range.by doggyhouse48Updated 1
BTC/USD "BITCOIN" Crypto Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the BTC/USD "BITCOIN" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. 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. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a bull trade at any point, however I advise placing Multiple Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low & high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low level. Goal 🎯: 118,000 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, Colleagues 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 🫂by Thief_TraderUpdated 5
BTC Update And my thoughts on this Bearish attempt. Pure chart analysis with adding news and events. chart analysis alone by locating liquidity zones and seeing reactions with adding High time frames reactions on these liquidity zones we can see a bearish attempt being forced on BTC although so much positivity is thrown everyday now. could it be the dumb can happen while masking it away as much as possible by pumping positive things about BTC and crypto in general so the pain isn't harsh and be seen and received as an opportunity for The Big Investors who couldn't before invest and recently been granted access to do so, enter at a better price. Only time can tell. But I do see it being forced by now. it'll some how catch a resistance here break supports to create this soft collapse which will end up being a major 30-40% correction and then never find itself back there ever again. finding new solid support at 110K and above after correction. Apply same thesis on alt coins and you'll have a major correction to never have to come back ever again and allowing investors to just buy at the lowest point once more. This can be a massive positive push to create wealthier people at a fast pace success rate to achieve something grater in the capital world. fiat world and now crypto era.. by JoeIdeas2
BTCUSD short 4HWhile everybody is bullish I see a short opportunity on BTC. According to the chart first good support is at 91k so that's my TPShortby FX-DiariesUpdated 3
BTC/USDBTC/USD - There is a high probability chance to swipe the available liquidity from 91,000 area as there is soo many LQ. Price respected the strong trend line. Now previous support become new resistance from 4Hrs. Lets see how price play. Shortby USHAAM3
Critical Bitcoin Support Levels: A Key Test for the FutureI was reviewing some of my old charts and came across this one because the patterns here are really interesting. Back on November 15th, I posted a head and shoulders pattern, but as you can see, it didn’t play out as expected. Every time Bitcoin made a new high, it got rejected and pulled back to the support level. This has happened multiple times Bitcoin goes up, makes a new high, and then retraces all the way back down to the same support level. What’s different this time is that Bitcoin tried to push for new highs but failed, instead forming a lower high. Now, it’s testing a critical support level, marked by the two white trend lines on the chart. Bitcoin is currently at the support level, but the real test will come when it reaches that point of support. That’s the key support area that Bitcoin must hold. Bitcoin really needs to maintain this support. If it breaks through, we could see a significant drop, potentially all the way down to $77,085.65. I don’t want to sound overly negative, but I’m just giving you a heads-up on what could unfold in 2025. All eyes will be on the $91,541.87 level this is the crucial support level. If Bitcoin can’t hold that area, it could trigger a further decline. Keep a close watch, as this could be a pivotal point for the next major move.by CryptocurrencyWatchGroupUpdated 3
$88K-$90K BTC | @jonktrades on XCorrective wave 4 imo for CRYPTOCAP:BTC here with targets at FWB:88K -$90K. Expanded flat at play here, with entries at the .886 Gartley. Shortby Oxjonk2
#BTCBitcoin just setup a bull trap and will print a new local low before rebounding around 87kShortby kcorbett3973
Btcusd. Short to 92600- 93,000 area A retest of the key area of 97,700 area signalled a short. A further retest of the minor area of 97500 reconfirmed the short signal. TP1: 93,000 TP2: 92600Shortby jaydisthesis3
Bitcoin Santa Rally My view for year-end rally in Bitcoin is based on seasonal and global liquidity (GLI) My projection for the Treasury General Account (TGA) is an increase from $740B today to a peak of $880B on 12/17 (which will be negative for Bitcoin and assets) and then a decrease (positive liquidity) of $200+ Billion down to a low of $630B on 1/10. This will be the window to buy a dip IMO. These figures do not take into account any additional reduction from the debt ceiling being reinstated on 1/1... which could add additional liquidity not accounted for as it is an unknown. That said, the debt ceiling debate is less of a factor now that we had a red sweep in the elections and the republicans control the votes, thus unlikely to be much of a "debate"... Simple but my view.Longby TrainwreckUpdated 115
BTCUSD - Potential ScenariosTechnical Analysis Overview Key Patterns: The Cup and Handle pattern identified in the past has already been played out, signifying the completion of a bullish breakout phase. This historical pattern adds context to the long-term bullish sentiment and the continuation of the uptrend. We could potentially retest all-time highs before heading lower. Confluence Zone and Support Areas: Multi-confluence zone for a good loading zone (around $65,000 - $73,000): This is highlighted as a critical entry area for potential long trades. This zone combines: Historical resistance turned into support. Marked as a major psychological and technical support. This area could serve as a robust accumulation zone for long-term investors if Bitcoin retraces. If strong bullish price action fails to emerge at this key zone, the price could potentially move down toward the 40k level. Long-term targets: $150,000 - $165,000, indicating significant bullish potential. (we could reach this around mid 2025 if stay in a bullish market sentiment.) Volume Trends: Noticeable volume increases are observed near critical levels, supporting the significance of the multi-confluence zone. Higher volume during breakouts adds to the bullish case. Macro Factors (Inauguration of Trump - Jan 20, 2025): A speculative note suggests potential macroeconomic influence on crypto markets, such as regulatory clarity or adoption promises from political leadership. However, this remains an external factor, not directly affecting the technical framework. Bullish Scenario: Holding Above $65,000 - $73,000: If Bitcoin maintains support within this multi-confluence zone, it could serve as a launchpad for the next bullish leg. Breaking ATH's at $108,000: A clean breakout above this level would validate the Fibonacci extension targets of $150,000 and beyond, indicating a continued bullish rally. Bearish Scenario: Breakdown Below $40,000: A sustained breakdown below this psychological level would invalidate the current bullish structure, potentially leading to deeper corrections and prolonged consolidation. Conclusion: The chart presents a long-term bullish outlook, supported by historical patterns, strong technical confluence zones, and potential macroeconomic tailwinds. Traders and investors should watch the multi-confluence zone closely for signs of accumulation and monitor volume dynamics to confirm the trend continuation. Trading Advisory: Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities. Disclaimer: This content is for informational purposes only and should not be considered financial advice. Do not rely too much on my time horizone on the chart.by meitshels_smell_trades1
BITCOIN Will Go Up! Long! Take a look at our analysis for BITCOIN. Time Frame: 17h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 95,774. The above observations make me that the market will inevitably achieve 103,155 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider113
BTC 2023 FractalBTC is following the fall breakout to spring peak fractal. Similar to the previous cycle (and 2023), I think we see a local top in the spring, a summer lull, then a blowoff top late summer to early fall. I think 200k plus is definitely on the table. Longby austinratchford3
ATCryptoScan: BTCUSD upside target in mid-Dec, what's next?Previously marked that BTCUSD would make a Mid-Dec 2024 top, at about 107K. Happened 17 Dec as previously marked! DONE and checked sweetly. This was folllowed by an a large bearish marubozu candlestick downwards which broke back into the decision box, indicating that it would go out the other side. And it did, just yesterday, but it rebounded within the day to end off back in the box with a dragonfly doj i like candlestick... this is a bullish indication. Thing is, technicals are bearish, including the modified VolDiv (dotted line, lower panel) which shows some weakening; and includes a MACD crossdown. Waiting to see if the supports are going to break. Am expecting it to break down... Previously downside target 75,000 But tendency for over estimates for downside in a bull run, so the new moderated downside target is 88,000 at the end of 2024. BTCUSD is looking for a nice bullishs start to 2025... Watch for it. by Auguraltrader2