BTCUSDBTCUSD: I want to try long BTC right here with just 0.50% risk . IMO the next upward impulse will begins from here.
BTCUSD.PM trade ideas
Bitcoin to 125,000After 9 months of downtrend/sideways price action, bitcoin has finally broke out of this trend.
If we zoom out to weekly time frame, the 9 months of downtrend/sideways price action, serves as "handle" for "cup and handle" pattern which goes back to Nov 2021. Finally, after 3 years, this pattern is completed and bitcoin is set to get to it's next target which is ~125,000.
On it's way up, bitcoin will probably face some resistance at 100K, since people have been waiting for bitcoin to hit this price target from all the way back in 2019-2020. Moreover, 100K is Fibonacci famous 1.6 extension level, so we might see some sell off at this price. However, we believe that FOMO can break this resistance level with ease and bring up the price to 125,000 USD.
From this point, we probably see more sharp upward trend toward 155K and 200K but this is the danger zone where we might see sharp pullbacks to 100-125K range.
$BTCUSD Bitcoin will continue to growBitcoin has been in correction for 160 days. Now, there is a redistribution of hands, and among those who bought for the past 160 days, the average purchase price is 64k.
According to the structure, we see liquidity withdrawal from the bottom in each correction—marked with red crosses—which means that they liquidate long positions and then continue to move up.
We still have a year until the end of the bull cycle, and I think you will be pleasantly surprised when you see what prices will be in the next three months. Summer is over, and the most interesting time in the market is starting.
I am now more focused on the altcoin market and the cryptocurrency market. As they have more potential to rise/fall:)
Right now, the fear and greed index is down
I'm looking positively into this fall and the next three months. If there will be a fall, it will not last long and will be bought back quickly.
Best regards EXCAVO
The last bullish wave of Bitcoinlook at the picture, Pay attention to the growth of Bitcoin, what do you see?!!.
Now everyone has FOMO, because the price of Bitcoin is rising like this, but this wave 🌊 is the last rise of Bitcoin in 2024 and even 2025. If confirmed, we will experience a big drop. This idea is not an offer to buy or sell.
BTCUSD- Trading Plan!BTCUSD- Trading Plan!
MITIGATION
FVG
CHOCO
OVER BOUGHT
Please set stop loss always
There is always next opportunity
Confirmation check
3 RULES
Buy
Sell
Wait
FOLLOW YOUR TRAIND SYSTEM FOR LONG RUN
BTC heads up at 77.7k: Minor but serious fib on the way to 85.3kCharts show a single fib series in different time frames.
Bitty's Genesis Sequence has caught all turns since 2015.
This fib is a "minor" ratio but it is likely to hold up a bit.
Charts and prices are from Coinbase, others may vary.
$ 77,672.47 is the exact level of concern.
$ 72,937,41 is a must-hold support for bulls.
$ 85,354.35 remains the next major target.
.
Previous turns caught by the Genesis Sequence:
March 2024 top:
2021 Cycle top:
2020 Covid Bottom:
2018 Cycle Bottom:
==================================================================
.
BITCOIN Short-Term CorrectionThe market is struggling to move above the ressistance.
It is creating a head and shoulders pattern.
If it breaks the trendline the market can retest the level at 75,500.
False break of the 76,800 level shows that the market is not ready yet to move higher.
Bitcoin Log Trend Curve - Feb 2025 peakJust wanted to draw a curve matchin the logarithmic trend of BTC price.
By this estimate we see a peak in Feb 2025 of about 95,000. But the price would only go down or sideways from here. I drew these lines in October of 23, but never published it - and so far it's following the trend. Just a fun thing I wanted to try, idk if it means anything.
BiTCOiN $16,720 | Jan 2, 2023 Mon | Day 1 to Halving 2024++welcome to the darkside again fellas
it greens after a year of FEAR PAiN SUFFERiNG and ANGER
and OGs as always get volume just like how Jack Dorsey DCAS $5k every week at sub $8k for 12 months
the annual CANDLE or Price Action never cease to reward
those who buy the FEAR or below the STOPS bottoms of the crowd
wait for that WiCK and press the BUY BUTTON
eye on key levels and good luck
note:
a year in crypto is 3 years in the real world
and 2022 however felt like 5 years for some funny reason
85,354 and 35 cents: BTC next major landmark and a cycle top? Shown here is a single fib series in three different time frames.
The Genesis Sequence has caught every major turn since 2015.
The Golden fibs are especially powerful, being 1.618 exponents.
Charts and prices are from Coinbase, others may vary a bit.
$ 85,354.35 is the exact level of Golden Genesis fib.
$ 72,937.41 is the current barrier to break and retest.
$ 77,672.47 will be a checkpoint/fuel stop on the way.
.
Previous major turns caught by the Genesis Sequence:
March 2024 top:
2021 top:
2020 Covid Bottom:
2018 Bottom:
==================================================================
Bitcoin: a new dawn for crypto?What a week !
This could be a short summary of majority comments from the crypto analysts. After the election of the new President of the United States, who was strongly crypto supportive during the campaign, a new dawn came for the crypto industry. Investors are perceiving that the new US Government will be supportive for the crypto industry and that it might further gain in the mainstream and further solid grounds in the United States. BTC immediately reacted to the first electoral results, gaining strongly during the week. Still, the most important milestone came at Saturday trading session, when the BTC reached for the first time in history the level of $80K. Actually, the current highest historical level is above $80.000.
The RSI entered into the clear overbought market side and continues to move within it, at the level of 76. Under normal market conditions, this level would be treated as highly overbought, from where short term reversal might be expected. Still, current circumstances have to be taken into account, where the timing of this reversal might be postponed. The moving average of 50 days continues to strongly diverge from the MA 200, further confirming a cross occurred as of the end of October.
During the previous week charts clearly showed that the strong up trend for BTC will continue. A break from ATH level means that the BTC will now start searching for new equilibrium levels. Testing of old S/L lines is finished, and BTC is on the quest to chart new ones. The main question at this moment is how much funds are on the market which will be transferred to BTC, and from which other assets? Until the BTC hype is holding, it would not be easy to predict any levels, neither to up or to down side. At the moment, an old traders saying could be applied - trend is your friend. In case of a short reversal, there is some probability that the levels around $78K down to $76K could be tested. Still, some significant drop in the price of BTC, at this moment, should not be expected.
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Bitcoin, a slight pullBitcoin could go into some sideways consolidation before returning to the $73000 level. There, we would retest the zone of the previous break. For further, we will see. The bullish trend is still strong, and this is just an option to find a new support level from which we could initiate a new bullish consolidation.
sell against the trend, not recommended.Sell against the trend not recomended, But At all time high, can't do anything else except short. see if goes to the broken trend line retest.
Bitcoin Double-Top: A Repeat Of 2021?Back in 2021, Bitcoin hit a major high in April. 210 days later a slight higher high, and a technical double-top, was hit in November.
The first high toward April 2021 was preceded by rising volume.
The second high toward November 2021 was preceded by decreasing volume.
In 2024, the first high reaching March was preceded by rising volume.
The second high toward October 2024 was preceded by decreasing volume.
➢ The November 2021 higher high/double-top ended in a major crash (the decreasing volume was a strong revealing signal).
➢ The October 2024 lower/higher high/double-top has very low volume and also very, very low market participation, only whales are playing right now (no retail).
Will the second high of 2024 lead to a major crash?
This is a high probability scenario.
Bearish at resistance.
Bullish at support.
Q: What is the difference between December/November 2022 and October/November 2024?
A: The price... One was a bottom and the latter is a top.
Patience is key.
Thanks a lot for your continued support.
Namaste.
BTC Mind Opening Questions, Soul Search, Before 2025 Bull-MarketBitcoin is setting itself up for something incredible... Let's analyze the two weeks with the highest volatility in 2024.
➖ In 29-July week, Bitcoin reached at a peak of 69,985 and a low of 57,176. That's a swing of more than 12,000$ in a single week.
➖ In 5-Aug. week, Bitcoin peaked at 62,700 and bottomed at 49,111. That's a huge 13,589$ swing in a single week.
How would similar action look like today?
What if Bitcoin has two more weeks of bearish action before going green?
What if Bitcoin has four (4) more weeks of bearish action before the correction is done?
How wild can the price swings become?
What was your mental state and your market bias during the early August crash?
Where you prepared for this event?
Looking back, would you have done anything differently if you knew before-hand that prices were moving lower?
If you knew before-hand that Bitcoin was moving below 50K, when it was trading at say, 70K, would you act or react differently to how you acted or reacted in the past?
How would you act now if you knew that Bitcoin was set to drop by 10,000 or 15,000 in a matter or days? And this just to continue lower.
Would you be ready to buy at support?
Would you be ready to sell now?
Would you panic sell at the low based on the market impulse?
What's your main strategy?
Why did you join this market?
What was your mindset when you bought Bitcoin?
How long are you ready to wait?
Are you ready to hold through a panic?
If you don't sell now, you cannot sell when prices are low.
Sell high and buy low.
We sell at resistance and buy at support.
We sell green and buy when the market is red.
Are you ready to go against the market, the mass, the herd?
Are you aware that it doesn't matter what happens Bitcoin will recover and grow?
Any and all corrections are only part of a short-term development, long-term we will experience continued growth.
Crypto (Bitcoin) is a new, young and evolving market, this is only the beginning... What was it like 10 years ago?
How do you see yourself 10 years into the future?
How do you see yourself in 2034? For example.
At what price will Bitcoin trade in 2034 and how will the world look like?
How were you doing financially back in 2014 and how are you doing today?
If you knew back then what you know now, what would you have done differently?
Bitcoin is going up long-term.
Bitcoins is going to crash short-term.
What are you going to do about it?
Thank you for reading.
Namaste.
Is a 70% crash to 20k for Bitcoin going to print ??This is a 3 week chart. Each candle print takes 3 weeks. This is not a forecast for tomorrow or the day after. This is months in the making.
On this timeframe months pass until targets are realised. Regardless, there are some important signals now printing that require attention.
When:
1) Stochastic RSI was above 80 AND then crosses down 50 (red arrows)
AND
2) RSI 50 level confirms resistance once a breakout has printed (black circles) as it is now, you must watch for a confirmation of resistance.
A and B had confirmed resistance in 2018 and 2019. 80% and 70% corrections followed. Point C in early 2021 was a false breakout only confirming in late 2021. A 75% correction followed.
Look left. This chart is now either repeating years 2018 / 2019 or 2021.
There are some important takeaways from all of this.
1) Whether it is a repeat of 2018 or 2019 or 2021, the bull run is over inside the next 6 months. There are far too many calls for higher highs into 2025 and beyond. That is not going to happen.
2) This is not a forecast for something that is going to happen right away.
3) The market top is not in yet. True. Market tops arrive with Euphoria not fear.
4) When this RSI resistance confirms, there will be no long opportunities in the market until 2027 at the earliest.
Ww
BITCOIN Will keep Growing BuyBITCOIN keeps growing and we are seeing a strong bullishb breakout of the key level around 74k
which reinforces our bullish bais and we will be expecting a further move up buy
$100k BITCOIN!We’re observing a strong impulsive structure in Bitcoin, with a 1-2-1-2-1-2 wave series driving bullish momentum. Our analysis suggests that Bitcoin recently completed wave 4 (purple) and is now positioned to climb further. We anticipate a target range between $85,000 and $101,000 to complete wave 5 (purple) of wave 3 (yellow). This upward movement is projected to reach its peak around the 15th of November, barring any disruptions.
85-88K is the next oneMorning folks,
So, BTC has made a historical breakout. But for those who read our monthly report it is not a surprise. This is long term game and the pumping process is just starting. If you want to know what is really going on - you could read it.
Meantime, we consider 85-88K as the next upside target. If BTC will show pullback prior it will reach it, then 73K seems like interesting level to consider for long entry. If pullback will start after 85-88K will be completed - then do not hurry up with position taking as retracement might be deeper.
We do not consider any short positions for now.
BTCUSDT Trading Strategy TodayBTCUSD is trading around 75,838 USD, showing strong upward momentum with potential for further gains. The chart highlights two critical support zones: Support 1 around 74,000 USD and Support 2 near 72,400 USD.
If BTCUSD experiences a pullback, these support levels could act as launching points for another upward move. Holding above Support 1 would strengthen the bullish outlook, targeting the resistance around 76,700 USD and potentially higher.
Bitcoin Is BoomingBitcoin has avoided bearish divergence, for now, and is sustaining momentum above the previous all time high. This is about as bullish as it gets, honestly. There’s nothing to worry about here for now.
All systems go.
