Short trade
2min TF overview and entry
Sellside trade
Pair BTCUSD
Sun 10th Nov 24
Entry 79981.1
Profit level 79219.2 (0.95%)
Stop level 80148.3 (0.21%)
RR 4.56
Reason for Sellside entry:
Breaking a time high 79.600
BTCUSDT.3L trade ideas
Destiny BTCThe trend of Bitcoin for the coming days will be like this: the era of explosive price increases for cryptocurrencies has arrived, and we must make the best use of it.
Crypto Bull Run: Unveiling the First StageAfter a year-long bear market, cryptocurrency prices enter a consolidation phase at the bottom, lasting approximately 500-700 days. If the price breaks through this consolidation resistance, it could experience a bullish move of 100%-300%, This pattern occurs once every four years in the crypto market.
Currently, most cryptocurrency prices are breaking out of their consolidation phases and experiencing 100%-300% moves. This marks the first stage of the crypto bull run.
I will share the example charts below.
Regards
Hexa
btcusdt-15mhi guys
Considering the latest high, it has retraced and is now above the 15-minute support line. It seems that Bitcoin can continue its trend
BTC 2nd Cycle continues on (Weekly time)BTC started its new cycle in november of 2022 and im created this post as a continuation of the previous post.
This is the weekly chart with my updated cycle prediction. There is no way to gaurntee any prediction, but we can only price out what we see the best we can. I look foward to see this prediction years out. My BTC predictions have been on spot, but Alts this time around are not following the old patterns and its probably from the over saturation of alt coins making them harder to predict long term.
Episode3 -Is There Still a Chance to Make Big Money from Crypto?Many people entered the crypto world with dreams of getting rich or generating a side income. The market is filled with temptations—massive price pumps and sharp corrections. It offers traders various opportunities: buying, selling, and leveraging positions through long and short trades. Seeing money move rapidly and witnessing historic price surges has made people incredibly greedy.
What’s the Problem with Being Greedy?
Greed isn't just about buying after a pump—it’s also about buying at the bottom, expecting a 5,000% return to the previous all-time high. This mindset leads people to ignore rational decision-making. They forget about proper money management and often go " all in. " The reality is, not all coins will return to their previous highs because the crypto market evolves over time. Factors like rug pulls, scam teams, and increasing regulations add layers of risk.
Moreover, futures trading complicates price movements further, as leverage traders' gains often come at the expense of market makers. While making 10x gains is still possible, especially with some coins that have already surged in 2024, it’s not guaranteed. Let's look to the following examples :
BINANCE:FETUSDT (+5,000%)
BINANCE:PEPEUSDT (+1,600%)
BINANCE:STXUSDT (+1,500%)
BINANCE:NEARUSDT (+700%)
Even those who bought at the bottom of some coins may sell after a 1x out of fear, or they may hold on too long and watch their profits diminish during severe corrections.
" For those with modest investments, the only real path to wealth is buying low and selling high. However, very few people will be able to time the market perfectly. "
So, What’s the Solution?
I’ll answer that in the next episode—if this post gets enough encouragement!
New bitcoin all time high could be 92000-94000Important #Bitcoin update.
is continuously surging after the results announcement of USA elections. Well our concern right now is what will be possible top for bitcoin.
The Image attach below is quite complex, But you can see Bitcoin has consolidate in two trend for a long time period after the previous all time high.
According to the trend with while parallel line that is descending broadening wedge pattern the new high as per the breakout of this pattern could be 91000$-92000$.
According to the sideways trend of red and blue line the new all time high could be 94000-95000$.
All of this are just my observation and it could be wrong im just telling what im watching or planning... if you think my observation and plan are correct kindly support me with a comment, like and share
Phemex Analysis #34: BTC Rise Pass $90k, is $100k Coming Next?Today, Bitcoin has embarked on a remarkable journey, soaring past the $90,000 mark. This audacious climb has ignited speculation about its next destination: the coveted $100,000 milestone. As the digital asset continues its upward trajectory, several scenarios may unfold in the days to come.
1. A Bullish Future:
A successful breach of the $100,000 resistance level could unleash a wave of bullish momentum, propelling Bitcoin to even greater heights. Strong buying pressure and positive market sentiment, coupled with favorable macroeconomic conditions and increased institutional adoption, could further solidify Bitcoin's position as a valuable asset.
2. A Temporary Pause:
However, it's possible that Bitcoin may encounter resistance at the $100,000 level, leading to a period of consolidation or even a temporary pullback. Profit-taking by investors who have realized significant gains could contribute to a short-term decline. For those looking to accumulate more Bitcoin, support levels like $80,000 or $75,600 could present buying opportunities.
3. A Bearish Turn:
In a more bearish scenario, Bitcoin could face strong resistance at the $100,000 level, resulting in a price rejection. Negative news, such as unfavorable regulatory developments or macroeconomic headwinds, could exacerbate the downward pressure. Additionally, a 1D RSI divergence could signal a potential price correction towards the $80,000 or $75,600 support levels.
Conclusion:
The current market sentiment is overwhelmingly bullish, with many anticipating Bitcoin to reach $100,000. While this potential exists, it's crucial to approach the market with caution and implement sound risk management strategies. At Phemex, we advise traders to conduct thorough research and prioritize long-term gains over short-term profits.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Where Can Bitcoin Go? Part 3📈🌐 Where Can Bitcoin Go? Part 3: Revisiting the Big Chart and Preparing for the Next Breakout 🚀💡
chart:
Hey everyone! FX Professor here, and it’s time to revisit what I call my 'Big Chart' as we continue our exploration into Bitcoin’s future price movements.
Back in March 2023, Bitcoin was trading below $25,000, and today, we’re looking at how the landscape has shifted and what we can expect moving forward.
In this post, we’re sticking purely to technical analysis—focusing on Bitcoin’s halving cycles, my 3 major key trend lines, and the overall technical structure that has proven reliable over the years.
Key Insights:
Halving Cycles & All-Time Highs:
Historically, all-time highs have followed 548 to 565 days after a halving event. Could we see similar patterns play out in 2025?
Trend Line Mastery:
My Big Chart tracks three critical trend lines that have been instrumental in identifying breakout and support zones. These levels continue to offer crucial guidance.
February 2024 Breakout:
Earlier this year, we had a major breakout in Februar y, leading to a test of the $73,000 level. After some consolidation, what comes next?
What to Watch Next:
We’ve seen Bitcoin break out above major resistance levels after finding strong support around $58,800. This support is part of an ascending trend, meaning it will rise as the price continues upward.
As we could be approaching the $100,000 zone, the question is:
Will we hit all-time highs (peaks) earlier than usual? (pattern says end of 2025).
With a strong possibility of achieving this 400 to 450 days after the halving, we could see this sooner than expected (550 days historical pattern)
Major Levels:
Support:
Currently, the key support level is at $58,800, but as the price trends upward, this level is ascending and will be rising as time goes by.
Resistance:
The next major resistance is at $105,800. A break above this could propel Bitcoin to new all-time highs. This will be the third attempt (the green 3, if you know you know!)
The journey continues! Follow along as we track Bitcoin’s path toward new highs. Drop your comments below, and let me know what you think!
One Love,
The FXPROFESSOR 💙
Part 1:
Part 2:
and always remember:
Cycle repetition - Greed and Fear indexDespite all the market decline and market negativity, my prediction of the next movement still bullish until we reach $80,000$.
Reasons for this market lecture :
Greed and fear index is repeating the same cycle as 2021 bull market.
Accumulation pattern : as explained before , bitcoin is in bullish flag pattern which is the most bullish pattern in technical analysis world.
False breakout of the bullish flag pattern : this is one of the extremly bullish reversal signals.
I expect that the market will enter a short term accumulation. This accumulation will make the Greed index reaches 20 to 25. Then it will target $80,000.
BTC is heading forward to unbelievable high records Hello traders and good morning,
As I said before, if you were following my analysis about the BTC and crypto in general, I have given an analysis about the.Bullish strong bullish momentum and said that price is going to reach the $100K very soon if the market of the Bitcoin keeps this strong bullish momentum.The the price ended in a high volatility.And reached an all time high. What we'll see in this month, which is the month before the last month of the year.If that bullish strong bullish momentum is kept well, the price will hit.And the nine $90,000 level and then in the last month, which is December.We will have a historical high level of Bitcoin if the buyers are still keeping that strong bullish momentum and eventually the price will hit.The $100K.Level, which will bea historical.All time high record, so please keep watching the market and.Make sure to.Get benefit of this bullish move and good luck everyone.
Well, talk to you later and good luck.
BTC short idea set upBtc is finally retracing a little bit, not great to short at this level but I think this is the best scenario. But you know, BTC does what he wants
Bitcoin is slowly killing all NON top 10 ALTS Bitcoin is slowly killing all NON top 10 ALTS. as you can see many alts havent got same gains as doge or bitcoin. slowly the lesser coins are getting pushed out of the game. i think bitcoin will have a hard correction.
The interesting point to try to buy BTCThe interesting point to try to buy BTC for goal the new high. Now we are get the temporary low point to start from this to the new high. If it is true, then this low point will be first low point in the new high up channel. Good risk reward ratio for try to take position here and add if market will move up. Will see...
BTCUSDT wait for 83K$ and 95K$ as new ATHBTC is still bullish and more pump ahead.
As we said before after our descending channel break we are looking for heavy pump and here we are in phase two of this pump and soon we are looking for new ATHs like what are mentioned on the chart.
DISCLAIMER: ((trade based on your own decision))
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BTC weekly data is shifting. MASSIVE UPSIDE is waiting now! BUY!BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k.
Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond.
From our weekly chart diagram above, you can observe that the black bear cells has faded and the white dot (longs) has literally escaped the shorts prison cell (black cell). This signal has never missed since the 15k BTC season. The batting average of this one playing out again is very very high.
This week is the best time to SEED. Get them all planted now. BTC is already up by 10% after that quick bounce from the strong major order support at 57k area. Signs of what's coming next after this week.
Spotted at 60k area.
TAYOR.
#BITCOIN ⟶ NEW GROWTH TARGETS#BITCOIN, after touching its monthly support level (67,619.38) in the daily timeframe, has started a new growth trend 📈
The condition for this growth to continue is a breakout of the 69,958.28 resistance in the 4-hour timeframe. In this case, #BITCOIN could potentially reach the targets of 72,437.83, 76,099.67, and finally 82,293.50 🎯
The stop-loss for this bullish scenario is a breakout of the 67,619.38 support in the daily timeframe. If this happens, the trend remains bullish, but before further growth, there could be a drop down to the support area around 63,816.89 📉
🔹 Personal opinion; not to be used alone as a basis for decision-making.
Btc chart - circlesBtc chart done using circles.
The emoticons represent price targets, the red arches act as support and resistance once the price enters the area.
BTCUSDT LTF Bullish IdeaBTC looks bullish in the current low time frame.
The stop-loss is breaking $67,444
the bullish confirmation is passing $69,500
Bitcoin Faces Critical Week Amid US Presidential ElectionBitcoin ( CRYPTOCAP:BTC ) is at a pivotal moment, with the cryptocurrency market bracing for heightened volatility as the United States approaches a historic election. The impact of this key event, combined with a possible Federal Open Market Committee (FOMC) interest rate cut, is set to make waves across digital asset markets. At the time of writing, CRYPTOCAP:BTC is trading at $68,749.84, up 0.62% over the last 24 hours, with a daily trading volume of $35 billion and a market cap surpassing $1.35 trillion.
Elevated Volatility Expected
Traders are bracing for sharp moves in CRYPTOCAP:BTC , as indicated by a 30-day gauge of implied volatility developed by CF Benchmarks. Caroline Mauron, co-founder of Orbit Markets, highlighted a potential swing of 8%, starkly contrasting the usual 2% fluctuation level. This suggests traders are preparing for significant market action, and expectations of volatility are reflected in the crypto options market.
Political Uncertainty Looms Large
The 2024 US presidential election adds another layer of unpredictability. Both frontrunners, Donald Trump and Kamala Harris, have expressed distinct stances on cryptocurrency and blockchain technology, setting the stage for shifts in market sentiment. Trump has boldly positioned himself as the "Crypto President," promising to elevate Bitcoin as a strategic reserve for the United States. His strong pro-Bitcoin rhetoric, coupled with a pledge to fire SEC Chair Gary Gensler—widely seen by the crypto community as an adversary—has fueled optimism among investors.
Meanwhile, Kamala Harris's emphasis on tech innovation has kept speculation alive about how her policies might influence the crypto market. The political landscape’s close ties to the crypto industry could be pivotal, especially with the backdrop of regulatory debates involving the SEC and CFTC.
Historical Trends and Market Sentiment
Historically, Bitcoin’s performance has been closely linked to major political and economic events. Notably, the cryptocurrency has often rallied following US presidential elections, mirroring trends seen in traditional markets like the S&P 500. The Kobeissi Letter's analysis of past elections reveals that 83% of election years have yielded positive returns leading up to Election Day. However, these gains moderated post-election, emphasizing the importance of timing in market strategy.
Technical Outlook: Mixed Signals
From a technical perspective, Bitcoin’s charts reveal mixed but potentially bullish signals. Two critical patterns are forming on the daily chart:
1. Doji Candlestick Pattern: The emergence of a Doji pattern, which indicates indecision among traders, often precedes significant market moves or trend reversals. This formation suggests that market participants are awaiting key news, such as the election results and the FOMC decision, before committing to a direction.
2. Golden Cross Formation: The market is closely monitoring a potential Golden Cross, a bullish indicator that occurs when the 50-day moving average crosses above the 200-day moving average. While this pattern has yet to fully materialize, it is gradually building momentum, signaling possible upside in the coming weeks.
Bitcoin’s Dominance and Macro Environment
Bitcoin’s dominance remains robust at 59.2%, a testament to its evolution from a peer-to-peer (P2P) technology to a global financial asset. Amid ongoing concerns about inflation and economic uncertainty, CRYPTOCAP:BTC continues to be seen as a hedge against traditional financial risks. The potential for a 25-basis-point rate cut by the Federal Reserve this week could further boost bullish sentiment for Bitcoin, making it an attractive asset for risk-on investors.
Long-Term Optimism Despite Short-Term Concerns
Despite near-term worries about a potential market dip or crash on election day, long-term optimism prevails. Analysts are betting on a strong rebound, with Bitcoin potentially setting a new all-time high if bullish catalysts align. The overall crypto market remains in a consolidation phase, but any positive momentum in Bitcoin could see a cascade effect on top altcoins, setting the stage for a robust market recovery.
Lingrid | BITCOIN retest of SUPPORT zone for BULLISH MomentumThe price perfectly fulfilled my last idea. It hit the target zone. BINANCE:BTCUSDT has recently pulled back after aggressively retesting the ATH level. The long-tailed bar on the weekly timeframe suggests that the market may form a deeper pullback, indicating that buyers are hesitating to buy at higher levels. Despite the market breaking and closing above the highs from September, August, and July on the monthly chart, which is a bullish sign, there is a possibility that the price may retest the September high at the support level of 66,000. This could provide an opportunity for buyers to step back in before a potential continuation of the upward trend. A retest of the 66,000 level would not only serve as a confirmation of support but could also attract more bullish sentiment as the market gathers strength for another push upwards. My target is resistance zone around 72,700
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
