Will Bitcoin continue to decline?Considering the resistance in the range of 97,101, a breakthrough of this area could lead to a rise up to approximately 99,659. Otherwise, if the support level of 94,104 is broken, we can expect a drop to the levels of 91,688 and 88,622.by arongroups2
BTC is accumulating momentum, how should long and short position BTC has recently fallen from a high level. The price turned and fell from the high point of 108340 to 92542 to stop falling and adjust. So far, BTC has entered a short-term decline. The price on the hourly line rebounded to the support of 92542 and rose. The price failed to hit the integer of 100,000 for the second time, forming a double top decline structure. The current trend fell back to 93500 and entered a narrow horizontal consolidation stage. The resistance of 96000 above is under pressure. If this position breaks, the hourly line descending channel will be broken. In the short term, the price will test the 100000 line above. The support of 93500 below, if this position breaks, the short-term rebound trend will end and test the 92542 line below. On the whole, BTC entered the accumulation stage after the short-term double top fell. The price has also reached near the top of the hourly channel. However, there are many resistance levels above. Even if the downward channel is broken later, the trend will enter the horizontal range structure. But if the trend breaks down, then there is more room for imagination for the price below to continue to fall. In terms of operation, I personally think that BTC will continue to rebound and short before the channel breaks up. For long orders, wait for the price to break through the 100,000 level before participating.Shortby RonPeter_Trading4
BTCUSD TRIANGLE FOUND H1 TIMEFRAMEAs we ananlysed BTCUSD will drop down to 94k and it went and we also told this if it drops more then we will get 800pips now we can here BINANCE:BTCUSDT now it is to fly again from support zone 95k we wanna try for longg in btcusd if it breaks the support zone then our setup failed then ready to drop to 85k to 80k always trade smarter use money management Best wishes Tom 😎Longby Tom_Trades_6707
BiTcoinThe corrective scenario is valid only if the $89,308 support zone is fully mitigated. After a single liquidity sweep into this level, we anticipate a bullish retracement targeting the $106,225 price range, where sell-side liquidity is expected to be tapped. Following this, a bearish continuation toward the $84,000 zone is likely. If the $89,308 support zone remains unmitigated and the $101,195 resistance zone is fully cleared, the probability of revisiting lower levels becomes invalid for now. That said, considering the current market structure and order flow, the bearish scenario appears more probable, but confirmation is still required. What’s your perspective on this?Shortby BiTBingo1
BTC wait for pullback , not worth buying above 90k ...1. after previous high of 69000, we seen sharp down side from there btc recovered and formed a pattern 2. cup and handle or rounding bottom, after current breakout i found some interesting key points after a impulse move the short term target is calculated based on the handle and which was approx 50 % on the other hand the current breakout already has scored 55% from this neck line breakout 3. volume and fair price - if we consider 4nov weekly candle as breakout candle from that low to recent high, i projected the FIXED VOLUME PROFILE and found that 84280 and 82350 and second 79000 and 77350 can be the support zone or fvg or mean reversion zone which is also getting another confirmation with my 50dema in this scenario going back to basic if we have a sharp up side we cant expect the price to go vertically and market being dynamic 11-15% correction can be healthy pullback and good price to accumulate btc Longby Jimmy_RebelloUpdated 3
Bitcoin Faces Key Test: Will It Bounce or Drop to $85K?#Bitcoin is staying above the 0.236 Fibonacci retracement level at $94,300, with the 50-day moving average near $93,000 providing support. If these levels hold, CRYPTOCAP:BTC could start moving up again toward $108,000. But if it drops below, it might fall to the 0.382 Fibonacci level at $85,600. Watch these key levels for Bitcoin's next move! DYOR, NFA #Cryptoby CRYPTOMOJO_TAUpdated 2288
BTC/USDT 4H Chart ReviewHi everyone, let's look at the BTC to USDT chart, looking at the 4h time frame, we can see that the price is moving in a triangle where we are getting close to the exit and taking the direction of further movement. In the short term, we can start by defining potential SLs in a situation where the price continues to correct: SL1 = 94431 USD SL2 = 92902 USD SL3 = 91260 USD SL4 = 88598 USD However, if the price changes direction and the visible green candle starts to gain strength, it is worth moving on to setting goals for the near future, which include: T1 = 96526 USD T2 = 98225 USD T3 = 99528 USD T4 = 101113 USD When we look at the additional indicators, we can see how the CHOP indicator and the RSI indicator are around the middle of the range, which indicates a possible movement in both directions, but here we also have the STOCH indicator, which shows an upward movement below the middle of the range, which in the short term may raise the price a bit more.by cryptodailyuk3
cycle cherry picks (CCP)ditch high TVL low float coins without much innovation, grit, or have invalidated narratives; TIA WLD NEAR STRK APT SEI stronger bets = PENDLE ENA SUI SOL strongest (w/ risk) = onchain trenches we're at a point of the cycle where main narratives have been ironed out - HYPE (PMF, 0 VC, true community) - ICO (checks pay big in relative to the average trade in the open market) - memecoins are the main thing few examples and thesis: - some say TIA may be the chain of rollups, but there won't be enough time to bootstrap meaningful ecos in <1y time. don't have to mention what happens in the bear with sloppy results - development wise, devs are willing to build in any environment as long as there is volume and reasons to be there. prioritizing a VM for better devex simply doesn't matter as much. juicing incentives into an eco just for projects to coexist won't help either - phantom markets and VC movements are nasty, there aren't many strong reasons to park your bread in their tokens that are waiting to be released into the sea ; more grit, upskill, mark checkpoints consistently and build discipline monetary goals set, distant self more, hold important relationships 29-12-2024.Longby terry0708221
Bitcoin (BTC/USDT) AnalysisBitcoin is trading within a well-defined ascending channel, indicating a bullish trend in the medium term. The price is near the lower trendline support, suggesting a potential bounce. Support Zone: $92,000 – $94,000 (green area) This zone has provided strong support during successive pullbacks. Resistance Zone: $100,000 – $102,000 Bitcoin has struggled to break this level, which is a major resistance. If BTC maintains the current support and breaks the $100,000 resistance, the next target could be the upper channel boundary around $110,000 or above. A breakdown below $92,000 could invalidate the ascending channel, with a potential decline to $88,000 or lower. Let me know if you’d like further assistance or adjustments! DYOR. NFALongby CryptoSanders95637
Is BTC Preparing for a Bearish Move?Look at the 1H chart and i see bearish flag and pole pattern... what you think? Shortby TradeTechanalysis2210
BTC Correction 77/79KBitcoin is expected to undergo a downward correction in the coming period, targeting the zone between $77,000 and $79,000. However, it is possible for the price to continue declining to lower levels. with signs of selling momentum at higher levels. Nonetheless, the mentioned zone might still offer a chance for consolidation and a potential upward move if supportive factors align. Shortby AREN-TARDING1110
Bitcoin Analysis: Key Levels to Watch!The BTC/USDT chart shows an interesting setup heading into the next trading sessions: Support Zone: Dips into the $93K region are likely to attract strong buying interest, as this area is a critical support highlighted by the red zones ("Bear Day" & "Bear Week"). If the price holds this level, we could see a potential bullish reversal targeting the $100K psychological level, aligning with the "Bullish Swing" and weekly resistance zone. Upside Potential: A bounce from $93K could send BTC soaring toward $100K, with the next key resistance at $99,500-$100,000, a confluence of major weekly swing levels. Downside Risk: However, a daily close below $93K would be concerning, as it opens the door to lower levels, with the next target in the $91K- GETTEX:92K region or even deeper. The red zones below $93K highlight areas of increased bearish momentum. 📊 Strategy: Bullish Case: Long positions around $93K with tight stop-losses below the support zone. Targets: GETTEX:97K , $99K, and $100K. Bearish Case: Monitor for a confirmed breakdown below $93K for short setups targeting lower levels. Patience is key! Let the levels dictate your next move. 🚀📉by peteramner115
BTC testing 94kWe're currently seeing Bitcoin price action near $94,633, which is a significant level as it represents the 78.6% Fibonacci retracement of the recent uptrend. This creates two potential scenarios: Scenario 1 ( Bullish ): If price holds above $94,633 (78.6% Fib level) Next target would be the 161.8% Fibonacci extension This projects a price target of $139,167 Scenario 2 ( Slight Pullback ): If price breaks below $94,633 But holds above $79,324 (50% Fibonacci retracement level) Target would become the 123.6% Fibonacci extension This projects a more conservative target of $118,720 In both scenarios, the overall trend remains bullish, just with different price targets based on how price reacts to these key Fibonacci levels. The 78.6% level ($94,633) is currently acting as a crucial pivot point that will likely determine which scenario plays out.Longby Windwaker2
BTC ABC Correction IdeaIt Appears we are in a ABC Correction looking like btc is due to pull back to around the $86,000 area. Looking like a good area for a long.Longby jabba8808115
Btcusd on at mid point btcusd is on the mid point lets wait for a breakot if it breaks 93k and 91k then our target will be 8ok and if breaks the upper level 95k and 97k then our target will be 100k lets trade smart no need to take risk by Mr_Albert_Global_Fx6
#BTC/USDT Urgent Update. If you like money, Read This!Welcome to this quick update, everyone! Bitcoin (BTC) is currently trading at around $98,400 at the time of writing. BTC is making a **bearish retest of the 21EMA** on the daily chart, which is a crucial indicator for identifying short-term trends. This is particularly significant for traders involved in futures and options within the crypto market. - Break above the 21EMA is bullish. - BTC is also retesting the previously broken pennant pattern to the downside. If you're feeling FOMO (fear of missing out), it's better to wait until BTC reclaims the Blue EMA and trades back inside the channel/pennant. If these two levels are recovered, we could anticipate a new all-time high (ATH). However, until that happens, exercise caution. Trading volume is exceptionally low across exchanges, and it's worth noting that during holiday seasons, market makers often exploit these conditions to manipulate prices, leaving retail traders at a disadvantage. While you're free to make your own decisions, my advice is to trade with confirmations. This approach provides an edge and makes holding positions more comfortable while effectively managing risk. If you found this analysis and chart helpful, please hit the like button to show your support and feel free to share your views in the comments section. Thank you! #PEACE by CryptorphicUpdated 2232
BTC TRADE IDEA: LONG (28/12/24)Another drawn up chart. The year is coming to a close, but this one got my interest… Structure is pointing towards a bullish market - it has been bullish overall anyway. Trade at your own riskLongby saintprincevvs4
BITCOIN BITCOIN on the breakout of the bullish channel ,we have a demand trendline holding it at 93k-94k level. If that level hold by breaking 97k then 100k retest is open.17:28by Shavyfxhub3
Short term priceThe short term, A pole of this formation could mean a target of 132k if it breaks to the upside from this lower resistance and finish by Feb. In the longer term peak cycle I measure more than twice as high ↗️ before end of year 2025Longby DiscoverTheChain2
BTC targets for priceCup handle from prev cycle compared to this cycles cup and handle. As you can see the cup depth ends up as the height of the peak and the term from confirmed breakout to peak ends up being the measurement of the handle. If that's true for this cycle then we have a peak target within July. But the momentum of peaks may be resistive to that. So here I have three targets that take place within the triangle.Longby DiscoverTheChain1
BTC BEARISH SCENARIO IF WE BREAK 95K KEY STRUCTUREPersonally, I don’t think this scenario will play out, but as traders, we always need to consider two possibilities to gauge the likelihood of each unfolding. This is my bearish scenario if we lose the 95K support. The next support level would be at 92K, followed by an oversold bounce toward 99K-100K. This bounce might deceive people into thinking the bottom is in, but it would likely face rejection, leading to a harder fall toward 87K. Again, let me emphasize—I don’t see this scenario playing out, but it’s still a possibility we need to keep in mind. What can you do? Exit altcoins altogether and wait to see if BTC moves back into the 100K region, which would invalidate this scenario from playing out.by Asma7assanUpdated 5512
BITCOIN PREDICTION - BTC GAME PLANI’d like to share my plan for BTC with you guys. We’ve recently broken the bullish trendline that had been supporting the price for a while and maintaining the uptrend. This break occurred with strong momentum, which I consider a bearish signal. However, there’s still a larger bullish daily trendline just below us. I expect a strong momentum push up from that level, so the current situation isn’t a major concern for me. Here’s my outlook: I anticipate a run on the equal lows just below the current price. This move should provide enough energy for the price to push up and retest the recently broken trendline. That retest is likely to confirm the continuation of the bearish trend. If we fail to break above the trendline with momentum, I expect the price to fall below the December 5th wick and then get rejected. This phase may create a ranging environment, potentially building momentum for altcoins. Eventually, I anticipate testing the daily HTF bullish trendline, which should provide a strong rejection and begin the journey to new all-time highs. This is my game plan based on my experience, and I’ll be monitoring the price closely to adapt if needed. Key Notes: I expect early January to bring strong bullish momentum across all crypto markets. For now, we’re in a choppy zone. If BTC breaks back above the trendline we just lost, I’d expect the price to reach $99,500 and likely face rejection there. Breaking above $100K would strongly signal a bullish trend. I’ll then watch closely for any rejection at the marked blue line and purple zone on the chart. This is how I’m approaching the market. Manage your risk accordingly!Longby UA_CAPITAL2
BTC/USDT: Key Buy/Sell Zones with SMC and ICT StrategiesBINANCE:BTCUSDT BTC/USDT: Strategic Buy and Sell Zones Using SMC, ICT, and Price Action Analysis Analysis: Price Action Analysis: The chart shows BTC/USDT on a 4-hour timeframe. The current price is around $94,645.65. Key support and resistance levels are marked. The price has shown a Break of Structure (BOS) at several points, indicating potential trend reversals. The price is consolidating after a recent downtrend, suggesting potential for a breakout. SMC (Smart Money Concepts) Analysis: Multiple BOS levels are marked, indicating areas where the price has broken previous highs or lows. Change of Character (ChOCH) points are noted, suggesting potential shifts in market sentiment. The price is in a potential accumulation phase, indicating a possible upcoming bullish move. ICT (Inner Circle Trader) Analysis: Fibonacci retracement levels are drawn from the recent high to low. Key Fibonacci levels (0.618, 0.705, 0.786) are marked, indicating potential areas of interest for institutional traders. The price is near the 0.5 Fibonacci level, suggesting a potential area for a reversal. Indicators: Volume Profile shows high trading activity around the $96,153.45 level, indicating strong support/resistance. RSI is at 45.09, suggesting the market is neither overbought nor oversold. MACD shows a potential bullish crossover, indicating possible upward momentum. Buy Signal: entry: 94,645.65 tp1: 96,153.45 tp2: 99,588.01 sl: 92,232.54 Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions. I hope this analysis helps with your trading decisions! If you have more charts to analyze or need further insights, feel free to share. Follow @Alexgoldhunter for more strategic ideas and minds by Alexgoldhunter4