BTC Buy Now Guys Keep holding BTC after Today boom in buy like a rocket 🚀 and make a new higher high.
Wait for perfect entry
BULLUSD trade ideas
ANTICIPATED (BITCOIN) 4H+ SWING IDEA Currently, BITCOIN is on an overall uptrend but at the moment making retracements downwards to fill LQ gaps and balance its price level before pushing further upwards to hit new highs and levels, so my speculation identifies its current price at $95k.
Which is expected to move further down to a visisble order block (OB) situated around GETTEX:87K Level before heading back up but if it breaks further below to $80K then we restrategize and make decisions according to what the market shows us or what we may see after.
NOTE: That my Speculations & Analysis are not Financial Advice but strictly only for educational purposes only I won't be held liable for any losses incured, Trade Responsibly.
BTC PATTERN FAILS BREAKSFailed breakout and then failed breakdown had been the continuation pattern in BTC.
Losing the -2 SDeviation can take the price down aroud the 88k zone. There will be the key
if this is going to continue.
BTC Will FLYA significant shift in Bitcoin's trend has been observed, as the upward parallel channel has given way to a top-bottom flat channel. This change in trend direction is clearly captured in the chart patterns.
Currently, Bitcoin is testing the support line of the newly formed top-bottom flat channel. A reversal from this level could spark a substantial upward move. Our analysis suggests that Bitcoin is poised to retest the $100,000 level.
Trading Strategy
-Signal: BUY Bitcoin (BTC)
-Entry Zone: 94000 - 94500
Target Prices:
1. TP1: 96200
2. TP2: 98000
3. TP3: 100000
Stop Loss: 92500
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Btc longsLooking for potential BTC longs here at 94k
Tp 99,873
Support
93,482
92,961
91,310
Sl 90,616
BTCUSDLooks as if Price is in the midst of a Weekly Retracement, we can see Price trade down to the 64k - 75k range before encountering a Bullish expansion/continuation. Get ready to capitalize on this Bearish Price Action.
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Crab Pattern Based on the provided chart, there is a possibility for the Crab Pattern to complete. In this pattern, point D typically forms at higher Fibonacci levels, specifically around 2.618 of the BC leg.
In this chart, the PRZ (Potential Reversal Zone) is identified as a key area for the pattern’s completion. This zone can act as a potential point for a price reversal. The Crab Pattern often emerges at extreme price levels, and if the price reaches this zone, a reaction or reversal might occur.
To confirm the completion of this pattern, analyzing price behavior near the PRZ is crucial. Using additional technical indicators such as trading volume, momentum indicators, and candlestick patterns can provide more precise insights. Overall, the pattern has the potential to complete, but traders should wait for further confirmation from the market.
Retracement will be deeper but what pattern will trigger it?Greetings everybody,
So, our H&S behaves well by far, but now the degree of uncertainty is raising. As you could see on the chart downside action is slowing. What is it? Thin Xmas market or the bearish pressure is becoming weaker?
Long-term charts - monthly, weekly show that deeper retracement has high chances to happen in nearest 1-2 months. The problem is, it is difficult to estimate what particular pattern will trigger it. If market will keep going lower - it could be our H&S.
But what if we will get the different one instead? Something like this on daily:
That's why, if you have shorts - you could keep it, just manage your stops. But for now we take the pause with the new shorts. We do not consider longs as well, because the major context is down. Hopefully after NY we will get more clarity on this subject.
Support-ResistanceGood day traders, hope you have all been well. Lets take a look at BTCUSD. As you can see on the chart above we have been quite bullish/long on btcusd and i believe price will continue bullish due to critical technical analysis. However the simplest way to look at it is that price has created it's support and resistance and you know the principle buy at support and sell at resistance, so since price is quite bullish i would advice buying at the support indicated by the blue zone. Use proper risk management.
Bitcoin Sell Zones based on previous trend and timelinesYou will see on the chart that the ideal sell zones are marked from the previous bull runs. I based this on timescales from tops to tops / bottoms to tops and a potential double top. I would be very mindful that this time around people who were left holding the bag last time around will take profit earlier... as will I! :)
Bitcoin Test Support 3 times !!!!WE might have a good time to buy from the support or we might be looking at a lower correction. Or should I say a new support level.
BTC - The path to $74kBtc is well on its way to $74,000 pull back area. The path is tradeable as a short, but will have steep counter rallies. See below. Murrey Math, Elliot Wave, and Kumar Wave are being used for this analysis. After this wave is complete, I am not sure that a new high will follow immediately afterward. A more protracted 3 wave multi year bear is certainly possible taking us down to the $50 - $40k range, but I will review that more closely after the shape of this decline takes hold. I would recommend shorts for now and then buys near the $75k level.
UPDATE ON MY PREVIOUS ANALYSIS ON BTCThis is just an update from the previous analysis on BTC. I`ll be posting a new Trading idea on BTC soon, stay tuned.
If the 95-97K support holds strong I'll stay BullishThis resistance zone is well known. If the support 95-97K holds strong I will stay bullish
Stay vigilent
Stay safe
Education content
#202452 - priceactiontds - year end special - bitcoinGood Evening and I hope you are well.
comment: I’d love to see bitcoin below 70000 in Q1 2025 and MicroStrategy file for bankruptcy in 2025. I think this would be fun. Yes.
Market made almost 600% from the 2022-12 low and about 62% of it after Trump was elected again. The bull trend before that, was from 2020 to 2021 where btc made about 1700% - followed by a 77% drop. It’s therefore a reasonable target to assume that btc could half again. The tricky part is always the time frame. By now you should have picked up my bearish bias for 2025 and given the previous correlation to other markets, bitcoin won’t be the safe haven every other crypto bro on x is telling you it will be.
50% retracement would bring us to roughly 65000, which is close enough to many big magnets. Previous ath from 2021, big bull trend line, the breakout retest area and the monthly 20ema which we have not touched since 2023-10. My preferred target would be 32000 but that’s a bit much to ask for as of now.
As long as market is holding above 90000, bulls are safe and in control of the market. Once we drop below, I highly doubt there will be many bulls willing to hold through a deep pullback down to 70000, which I expect the selling to accelerate greatly below 90000. What are the odds of another higher high above 108000? Not bad but I think if bulls would have been strong enough for it, they would have gotten it over the holidays. If they manage to retest 108k, my max target for this is roughly 110000. Anything above would surprise me.
current market cycle: Bull trend from 2022 is still ongoing but I think we saw the last leg ending at 108367. Market can retest that high and maybe make a higher one but I think the upside potential is very limited.
key levels for 2025: 60000 - 110000
bull case: I always try to give a balanced outlook but I don’t have anything for the bulls. 108k was so stretched and peak bubble behavior that it’s pure guesswork if this was the high or not. Technically the shown chart has two trend lines that could reach 115k and market can always overshoot on a spike. I just highly doubt it will happen but I have been wrong before about tops and I can be on this one as well.
Invalidation is below 90000. I can not see bulls scaling into this because a pullback could easily test down to 75000 or lower.
bear case: The pain trade is to the downside. There is no arguing about that fact. Only issue for bears is that bubbles can go on for longer than anyone’s account can handle. So selling right now with a stop 109k is reasonable but most bears want more confirmation. Below 90000 more bulls have to cover and this will accelerate down. My targets in order are the breakout retest around 75000 and if things get bad enough there, we go down to the 50% pullback and the bull trend line at 62500. There I expect the market to go sideways for more time and depending on how we get there, we can estimate new targets above or below.
Invalidation is above 115000
short term: My bearish bias for 2025 is low probability until bears can close consecutive daily bars below 90000. Right now the market is in a trading range near the ath and bulls remain in control. I would not initiate shorts as of now and rather wait for confirmation or another lower high above 105k
medium-long term: 75000 is my biggest target for now and until bears get there, any lower target is just unreasonable. My bias is bearish going into 2025 and I think the odds of a bigger leg down are good.
current swing trade: None
$BTCUSD Short8 sma going through the down-sloping 20 sma as red overtakes green with a defined stop. Small scalp
BTCUSD.market target 95000entry point 93400 stop loss 92600Here's a summary of your updated trade plan for BTC/USD:
Trade Plan
1. _Target_: $95,000
2. _Entry Point_: $93,400
3. _Stop Loss_: $92,600
Your plan indicates a bullish outlook, expecting the Bitcoin price to rise from the entry point to the target.
Key Considerations
1. _Risk Management_: Ensure you're managing risk with proper position sizing.
2. _Market Conditions_: Monitor market conditions, including economic indicators, regulatory updates, and technical analysis.
3. _Trade Adjustment_: Be prepared to adjust your trade plan if market conditions change.
Would you like me to provide current BTC/USD market data, analysis, or insights?
Bitcoin Price Analysis: Potential Drop to $90K(BTC/USD) price action within an upward-sloping channel, marked by support and resistance trendlines. Below is an explanation of the potential move to the $90,000–$92,000 region, incorporating technical and fundamental reasoning:
Technical Analysis
Trendline Rejection:
Red arrows indicate multiple rejections at the channel's upper resistance line, suggesting strong selling pressure at higher levels.
A breakdown from the midline of the channel hints at weakening bullish momentum.
Support Zone Target:
The projected drop aligns with the lower boundary of the channel near $92,000–$90,000, a likely support area.
The price appears to be retesting a minor resistance before continuing the downtrend (gray line indicates the likely path).
Bearish Divergence:
Although not visible in this image, momentum indicators like RSI or MACD could confirm bearish divergence at recent highs.
Key Levels:
Breakdown of $96,000 would signal increased bearish momentum, accelerating the drop to $90,000.
Fundamental Analysis
Macro Environment:
Concerns about interest rate hikes and tightening monetary policies could dampen risk sentiment, affecting Bitcoin negatively.
Any negative developments in regulatory news or crypto-related insolvencies could accelerate selling pressure.
Liquidity Considerations:
End-of-year liquidity often diminishes, amplifying volatility and price swings. Traders might also sell to lock in profits or rebalance portfolios.
Market Sentiment:
Recent negative news (e.g., potential exchange issues, or lackluster adoption metrics) could weigh on bullish sentiment.
Conversely, fear in traditional markets may lead to risk-off behavior, impacting crypto assets.
Conclusion
The combination of technical rejection from key levels and possible negative macroeconomic factors supports a potential bearish move toward $90,000
Daily Analysis of Bitcoin - Issue 242The 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.
Bitcoin Cycle Chart showing times and topsChart showing ideal historic sell zones and timings from tops to bottoms with estimates for the end of this cycle. Have we already hit the top? Thoughts?
BTC Monthy ViewRecent movement shows btc rejected on the trendline resistance of the connected ATH starting point of 2017.
Establish a Bullish Cypher from the previous cycle with main PRZ around 21k and Target extensions sitting at 98k~117k.
Starting point of 2022 ATL, establish a 5wave count uptrend.
Plot ABCD pattern where AB=CD around 98k, "C" retracement fib0.50 = "BC" extension fib2.0. If this pattern plays-out, TP1 could be aim at "C"=50k, following TPs at CD*1272/1618.
A Gravestone Doji has been printed on the monthly candle closing, next bearish pattern continuation for this will be an Evening Star.
On the otherside, a breakout of trendline and an extension of Wave5 could still be possible since current cycle carry the loads of ETFs.
