btcTo reach higher numbers, the bit faces three resistors in the red lines; if it cannot pass, the lower lines are activated.by hosseinghaffari671
Bitcoin Likely to See Slow and Choppy Price ActionBitcoin has re-entered the range zone between $99,108 and $103,033, suggesting that we may experience slow and choppy price action in the coming days. 1. For now, Bitcoin has established support at $99,108, which could lead to increased bullish momentum toward the upper boundary of the range at $103,033. This move could occur from the current price level or after a dip back to $99,108 (dashed green projection). 2. A strong breakout above $103,033 with sustained momentum would turn Bitcoin bullish on the 4-hour chart and could set the stage for a rally toward $107,658, the next significant resistance zone (solid green projection). 3. If Bitcoin fails to hold support at $99,108 and breaks below this level, the chart would turn bearish (dashed red projection). The bulls’ last line of defense is at $97,000. A breach below this level could lead to intensified bearish pressure, driving the price toward the $94,500 support zone (solid red projection). Consolidation within the $99,108 to $103,033 range, with Bitcoin maintaining a moderately bullish bias, could create favorable conditions for Altcoins to perform well.by Trade-Lean2
Bullish Market structure Rules *A bullish market structure is defined as a structure that forms a series of Higher highs (HH) and Higher lows (HL) What can we expect on a Bullish market structure? *Price has to break previous HH and respect previous HL *We should be expecting BUYS on discounted prices How can i identify discounted prices? -You can use Gann box -You can use Fib Tool -Anything below 50% is considered "Discounted price" -Order block below 50% level I personally use the FIB tool 71.8%-78.8% levels. that's where i look for trend change. How do you identify valid trend change? * Reply in comment sections The illustration highlights the recent BTC market structure. Educationby Ocean981
Divergence Spotted 4H chart The price meeting the support at 98000, where we can see the divergence spotted with the RSI decline lows and the BTC price lows increase. sign for buy long for the 4H chart, daily Chart, price is going down.Longby khaledabdrabo1
Despite pullback, Bitcoin holding upward trendline.Looking good so far. Waiting for RSI to reset. Risk of breakdown still exists down to 98-100k range.by chillcryptoUpdated 1
Daily Analysis of Bitcoin – Issue 232The analyst believes that the price of { BTCUSD } will increase 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.Longby MoonriseTA1
CYCLE 4 | RSI Monthly TrendA quick post to cover Bitcoins Cycles with respect to the Monthly RSI. We can see based on the monthly close RSI values, a descending trend where each consecutive peak for consecutive bitcoins cycles have reduced in magnitude (i.e. a lower low RSI value coinciding with the trend reversal points. This trend is also evident with monthly RSI low values. Using trend lines (based on historic BTC behavior in the past), we can speculate what would not be abnormal monthly RSI behavior for this cycles (Cycle 4) top and the future bear market low. Have a play with the interactive tools in the post to observe details more clearly. I have also detailed Cycle 1-3 length from the bottom to the top, bear markets (top to bottom), halving's and each cycles Fib extensions for your reference. For greater detail, reference the below companion post to this discussion. by Brodie2
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?" — FinCaesarLongby FinCaesar3
TEFOREXADVENTURE | BTCUSD BEARISH OUTLOOKbtcusd break te up trend line thats why now i focus on sell trade guys TRADE SETUP sell zone 95,700.00 stop loss 96,700.00 1target 94,700.00 2target 92,700.00 follow this setup with proper money management guys guys if you like my work please support me through like , comments and followShortby TheForexAdventures3
Bitcoin’s Christmas Trap: Be Cautious🚨 Bitcoin’s Christmas Trap: Be Cautious 🚨 CRYPTOCAP:BTC Alert As the festive season unfolds, Bitcoin has soared to an impressive $95,233.00. While this rally might spark excitement, investors should tread carefully. History warns us of Bitcoin’s holiday volatility, where quick gains can be followed by dramatic drops. --- 🔍 Key Insights to Keep in Mind: 1️⃣ ⚡ Market Volatility: The crypto market is notorious for its unpredictability. Rapid price surges often precede steep corrections. 2️⃣ 📈 Historical Trends: December has been a rollercoaster month for Bitcoin, with sharp gains sometimes overshadowed by sudden sell-offs. 3️⃣ 🌎 External Influences: Global economic shifts, regulatory updates, and investor sentiment can swing Bitcoin’s price unexpectedly. --- 💡 Tips for Smart Investing: 🧠 Stay Updated: Keep a close watch on market news and trends to make informed choices. 📊 Diversify Wisely: Spread your investments across various assets to reduce risks. ⏳ Avoid Impulses: Resist making hasty decisions based on short-term price movements. --- 📌 Final Thought: While the holiday season might inspire optimism, approach Bitcoin investments with caution. Align your decisions with your financial goals and risk tolerance. Stay sharp, stay safe, and invest wisely! Shortby AlphaBull-Trading1
Key Levels Overview for the Week 12.2024(23-29)Key Levels Overview for the Week🔳🔲12.2024(23-29)🔳 Dynamic Supports🔀 When the price is outside the range where pivot points are located, levels drawn in previous weeks can be used for assistance.* Dynamic Resistance🔀 103000 102000 101000 100000 Mid Pivot (🐂bull&bear🐻 zone ch trend) 120444 110999 101444 range of supply and demand 101777 107888 114000 by spacecraft1
Bears showing up !? 🚨 Bitcoin Bears Tighten Their Grip: What’s Next for the King of Crypto? 🚨 CRYPTOCAP:BTC The bears are back in full force, and Bitcoin is under pressure. Recent price drops have rattled the market, leaving traders wondering: what lies ahead for the world’s leading cryptocurrency? 🔍 Key Observations: Bearish Momentum: Bitcoin's recent performance signals a growing bearish sentiment among traders. Market Dynamics: Global economic uncertainty, interest rate speculation, and ongoing regulatory debates are adding weight to BTC's shoulders. Support Levels: Bitcoin is teetering on key support zones—will it hold firm, or are deeper corrections imminent? 💡 How to Navigate This Market: 1️⃣ Stay Informed: Keep a close eye on critical price levels and market updates. 2️⃣ Risk Management: Diversify your portfolio and set stop-loss orders to safeguard your investments. 3️⃣ Long-Term Perspective: Remember, Bitcoin has endured—and bounced back from—similar downturns in the past. The crypto market thrives on resilience. Is this dip a golden buying opportunity, or will the bears take full control? 💬 Drop your predictions and strategies in the comments below! Shortby AlphaBull-Trading2
El Salvador's Bitcoin ReserveElSalvadorBTCReserve : El Salvador's Bitcoin Reserve El Salvador’s bold decision to embrace Bitcoin as legal tender has captured global attention, and its Bitcoin Reserve is now making waves. Here’s the latest: 📈 Bitcoin Reserve Growth El Salvador continues to strategically accumulate Bitcoin for its national reserve, reinforcing its commitment to cryptocurrency and its long-term potential. 💡 A Strategic Economic Move By holding Bitcoin, the country aims to leverage potential price appreciation, a strategy that could transform its financial system and influence global crypto adoption. 🌍 Global Ripple Effect As a trailblazer in adopting Bitcoin as legal tender, El Salvador might inspire other nations to explore similar paths. --- 🚀 What’s Next? 🔄 Continued Accumulation: Will El Salvador keep adding Bitcoin during market fluctuations? 📊 Market Impact: How could this growing reserve influence Bitcoin's global price dynamics? As El Salvador’s Bitcoin journey evolves, the world watches to see how this bold experiment shapes the future of cryptocurrency adoption.by AlphaBull-Trading1
superlong for newbie welcome to crypto this are the reasons why im still bullish and hoping that this month will close green 1.we bounce exactly at tested strong support and acting as 0.382 2.ema 50 respected 3.hidden bullish contenuation divergence 4. blackrock add more coins this during this flash sale last inverse head and shoulder pattern bullish pattern is about to break out anytime Longby josephraro995731
possibility of uptrendConsidering the price behavior in the current resistance range, the downward trend will likely continue If the price breaks through the resistance range, the upward trend will likely continueLongby STPFOREX1
A small bump for BTC, a giant drop for MSTRThe difference between 1st support and 3rd support of COINBASE:BTCUSD is 4%. The same difference in support areas for CAPITALCOM:MSTR is 30%. Should 1st, and 2nd support break, CAPITALCOM:MSTR is in big trouble..by WeRideAtDawn111
Navigating the Current Market Turbulence: A Crypto and Stock MarBitcoin is currently trading at approximately $102,200, reflecting a decrease of 2.36% over the last week. Despite a brief rally reaching highs of $108,367.38, the digital currency has faced selling pressure. The Relative Strength Index (RSI) remains above 65, indicating that BTC might still be overbought, while the Moving Average Convergence Divergence (MACD) suggests bearish momentum could persist. Investors should be cautious as the market shows signs of volatility. For cryptocurrencies, monitoring RSI and MACD indicators can provide insights into potential buying opportunities. Shortby pBouDib1
BTCUSD US Election Rally Buy BTCUSD @ 67500 - 67200👾BTCUSD💵 US Election Rally 💎Buy BTCUSD @ 67500 - 67200💎 Tuesday 11/05/2024 07 PM 66600 StopLoss —> 67550 BreakEven+ Scalp TakeProfit 1: 67700 TakeProfit 2: 67900 TakeProfit 3: 68100 Daily TakeProfit 4: 68300 TakeProfit 5: 68500 Swing TakeProfit 10: 69500 TakeProfit 20: 71500 TakeProfit 30: 73500 Position TakeProfit 50: 77500 TakeProfit 100: 87500 TakeProfit 200: 107500 TakeProfit 300: 127500 Richard Eyo ~ The Wizard 🧙♂️Longby SmartWizardFXUpdated 5
BTC ElliotIt could be a Elliot super cycle! Like the previous Elliott cycle that ended in early 2023 and the new cycle started at $16,000 and now we are completing wave 5 which I would like to see continue the price correction. On the other hand, we may be witnessing the formation of a super cycle in wave 3 where after about 6 months of price correction Bitcoin will start moving again and grow to $300,000.Shortby mrezakhd114
Daily Analysis of Bitcoin – Issue 231The 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.Shortby MoonriseTA2
Welcome to the Bitcoin Christmas PUMP! BTC 1D MACD Crossover↖️⬆️ Click the 🚀 Welcome to the Bitcoin Christmas PUMP! ₿ ₿ ₿ ₿ ₿ 🚀🚀🚀🚀🧑🏻🎄🧑🏻🎄🧑🏻🎄🎅🎅🎅🧑🏻🎄🧑🏻🎄🧑🏻🎄🚀🚀🚀🚀₿ ₿ ₿ ₿ ₿ The 1D MACD Crossover just signaled on COINBASE:BTCUSD BTC 1 Day candle. But that's not all. It's the type of crossover. Text book. RSI just entering 70 area. The last time the 1D MACD crossover happened, Bitcoin saw a 45% pump. looks like it should go to just past new year. The big question is does it continue before taking a breather.....? In fact, when using the last pump as a guide, it falls perfectly in line with the Fib levels and lands right around $150,000. (just my silly extrapolation. I'm sure it's nothing. ;)Longby tradepsych113
BTC Cycles & TA: 12/16/24 Two Important Dates coming upWe are approaching the end of this Bull and now the cycles, charts, and indicators are signaling the top is either here or we are in the final topping stages. Watch entire video to see what the charts are saying. This is one of my longest videos, but I think you will appreciate all the information it has. 50:19by Majorcycles5