BTCUSD | Long ideaI will be waiting for bitcoin to drop in the yellow box once more before it will take of towards the $100.000 mark.
What is your outlook on bitcoin's price? Let me know!
BULLUSD trade ideas
BTC update#BTC has a demand zone on 72K to 78K now the market has a divergence on its highs maybe the correction reaches the demand zone i think its better to wait and see a good correction
Bitcoin Battles Between Key Support and Resistance – What’s NextBitcoin is currently trading near $94,500, resting on a strong confluence of support. The price is testing the 100 EMA on the 12-hour chart, which aligns with a critical horizontal support zone around $93,000. At the same time, a descending trendline is acting as resistance, keeping the price under pressure.
A breakdown below the marked support zone could trigger a sharp decline toward the next significant level around $88,000. On the other hand, if BTC holds this support and breaks above the descending trendline, it could signal a bullish reversal, pushing the price back toward $98,000 and potentially higher.
BTC/USDT - a major correction towards 0.618 Zone aheadAlt bull run in early 2025?
The most recent correction appears to form an ABC wave (but not ending the potentially 4th wave of the huge impulsive wave starting Sep 2024).
Further down ahead is the .618 zone (~88k) and .5 zone (~77k).
This is NOT a financial advice.
BTC shows a 6% potential in the last 3 days of 2024.It seems we are back to the initial thesis, which is great since we already profited from the previous trade entry. Now, it feels like we’re seeing the same situation unfold again. Key indicators such as the Bollinger Bands, the 50-day moving average, the volume spikes from November 13th, sufficient corrections, and the support lines are all aligning similarly.
On a fundamental note, I’d like to add the following: with just three days left until the end of 2024, there’s the “Santa Rally” phenomenon, along with the prevailing sentiment in crypto communities that it would be exciting to close the year with BTC reaching $100k. Such a milestone could act as a psychological boost, potentially fueling a strong movement for the entirety of 2025.
The $100k level is also a significant psychological barrier. Taking all this into account, I believe this is a good opportunity to enter a position with the potential for short-term profit—up to 6%—over the next few days.
However, we need to take into account the 80% correlation with the S&P 500, which is currently at its peak levels. That said, hedge funds and institutional investors are closing deals to meet their KPIs, which could provide additional support.
Hopefully, this will sustain the overall positive vibe for the last 3 days of the year.
Yours sincerely,
Mister iM
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Dec27, 2024Technical Analysis and Outlook:
During this week's trading session, Bitcoin exhibited fluctuations within the newly defined Mean Resistance of 99500 and Mean Support of 91800. The analysis suggests a high probability that the cryptocurrency will experience a decline to the Inner Coin Dip 88500 prior to initiating a significant rebound. This rebound is expected to facilitate the re-establishment of its bullish trend. It is essential to consider that a rebound bull movement may indeed occur from the Mean Support 91800.
Tide Turning For Bitcoin? Reserves And Netflows Show ReversalBitcoin, the world's first and most well-known cryptocurrency, has experienced a rollercoaster ride since its inception. From its meteoric rise to its dramatic crashes, Bitcoin has remained a topic of fascination and debate for investors and financial analysts alike. In recent times, several factors have contributed to a sense of uncertainty surrounding Bitcoin's future, including regulatory scrutiny, market volatility, and concerns about its environmental impact. However, recent developments, such as increasing institutional adoption and positive netflows, suggest that the tide may be turning for Bitcoin.
Bitcoin Institutional Adoption Accelerates as ETFs Show Investor Appetite
One of the most significant indicators of Bitcoin's growing acceptance is the increasing interest from institutional investors. Traditionally, institutional investors have been hesitant to invest in Bitcoin due to its volatile nature and lack of regulatory clarity. However, as the cryptocurrency market matures and regulatory frameworks become clearer, more and more institutions are beginning to see the potential of Bitcoin as an investment asset.
This growing institutional interest is reflected in the recent surge in for Bitcoin exchange-traded funds (ETFs). ETFs are investment funds that track an underlying asset, such as a stock index or a commodity. They offer investors a convenient way to gain exposure to an asset without having to directly own it.
Recent Reserves and Netflows Indicate Market Reversal
In addition to increasing institutional adoption, recent data on Bitcoin reserves and netflows also suggest that the market may be reversing. Bitcoin reserves refer to the amount of Bitcoin held on cryptocurrency exchanges. A decrease in Bitcoin reserves indicates that investors are withdrawing their Bitcoin from exchanges, which is often a sign of accumulation and a bullish signal.
Netflows, on the other hand, refer to the difference between the amount of Bitcoin entering and leaving exchanges. Positive netflows indicate that more Bitcoin is entering exchanges than leaving, which can be a sign of selling pressure and a bearish signal.
Recent data shows that Bitcoin reserves have been declining, while netflows have turned positive. This combination of factors suggests that investors are accumulating Bitcoin and that selling pressure is decreasing. These are both positive signs for the Bitcoin market and could indicate that a reversal is underway.
Bitcoin Price Analysis: Navigating Volatility and Key Levels
Despite these positive developments, Bitcoin's price remains volatile and subject to market fluctuations
It has been noted a potential 'head and shoulders' pattern, a bearish technical indicator, which could lead to a significant price drop. This pattern suggests that Bitcoin's price could fall to as low as $80,000.
However, there maintain a more bullish outlook, emphasizing the importance of the $90,000 level. It is argued that if Bitcoin can maintain this level, it could pave the way for further price appreciation. Conversely, if Bitcoin fails to hold this level, it could trigger a sell-off and push the price down to $80,000.
Conclusion: A Cautious but Optimistic Outlook for Bitcoin
In conclusion, several recent developments suggest that the tide may be turning for Bitcoin. Increasing institutional adoption, as evidenced by the surge in Bitcoin ETF filings, indicates a growing acceptance of Bitcoin as an investment asset. Positive netflows and declining reserves further support this notion, suggesting that investors are accumulating Bitcoin and that selling pressure is decreasing.
However, it is important to remain cautious. Bitcoin's price remains volatile, and various factors could impact its future performance.13 The cryptocurrency market is still relatively young and subject to regulatory changes, technological advancements, and shifts in investor sentiment.
Therefore, while the recent developments are encouraging, it is crucial to approach Bitcoin with a balanced perspective. Investors should conduct thorough research, understand the risks involved, and make informed decisions based on their individual circumstances and risk tolerance.
Overall, the outlook for Bitcoin appears cautiously optimistic. The increasing institutional adoption, positive netflows, and declining reserves suggest that the market may be reversing. However, it is important to remain vigilant and adapt to the ever-changing dynamics of the cryptocurrency market.
BTCUSD DISTRIBUTION CURVE 27 DEC 2024Currently this is a good probability of price developing. Seems as if we are in a distribution curve before the decline with a possible push below 85,000 towards the 80,000 range. Price could easily just breakdown lower with no pullback higher into the range (nearest red box) since we have already consolidated. As always I care not where price goes I am a trader not an analyst so if price gives me my setup for a bullish accumulation curve then I will trade it. DON'T ANTICIPATE... PARTICIPATE!!
#btc #btcusd #elliottwave short sell setup wave 4 28Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
btcLet me make a prediction To get to that blue one above, the red box must be broken, and until it is broken, the lower lines are available.
BTCUSD next possible moveHi traders I decided to share with you my opinion on BTCUSD,as you can see it's trending up, but now on temporary pull back that am not sure if this level Is gonna hold but the strong demand zone is at 86000 soo if you have patience to wait for price action to reach demand zone you can. Manage to find your entries.for now am not sure if this zone will hold but it's not decisions for the ones buying now if they have more capitals,another thing why the richer get richer n poor remain constant is because money make money and as for example 10000$ n 1000$ if we can open positions from this zone let's say 0.10 both account n market goes.to demand zone 86, this 10k can hold negativity but 1000$ can't it will blow up,soo what does this mean the size of lot you use is the one that can makes you last in the trade or loose quickly not the .market,market move accordingly and respect everything,demand zones,bear n bull flags,trendline supports n many more market respect this things only during fundamentals they loose respect cz of volumes but they still reject if they rea h support n resistance,soo if you have money n not in hurry every mo e you make is money cz you risk smart n hold trades until they reach your targets you collect your money that's whe. You learn to not be in hurry but wanna make money constantly,soo loose n win is in your risking management.
BTC 50 EMA Strong Support?Do we see a rally from this area? around $93,100 is the 50 EMA on the Daily. Seems to have held up well in the past. If we close below this on a daily we could be heading lower. Next 48 Hour will be telling. BITSTAMP:BTCUSD
Bitcoin Getting ready to confirm
Bitcoin is preparing to return to its Election Day levels. The entire market is receiving signals indicating targets to the pre-election region.
[Long] BTC on 4 hr - Possible Triple BottomIf this triple bottom plays out for BTC on the 4H I think this could be a bullish sign for us going into the new year.
Astrological tradingIf you heard the words "santa's rally" and "this is like 2016", you now know why.
We will look at Saturn and Jupiter hours: 6,7,18,19 UTC. Mars hours: 8,20. It's literally that easy. I feel like doing t.a. tomorrow will be irrelevant to be honest. I expect extreme volatility so you might want to check the weather forecast section for the exact intraday cycles of price, along with the time pivots provided above.
BTCUSD market target 95000entry point 96300 stop loss 97100Here's a summary of your trade plan for BTC/USD:
Trade Plan
1. _Target_: $95,000
2. _Entry Point_: $96,300
3. _Stop Loss_: $97,100
Your plan indicates a bearish outlook, expecting the Bitcoin price to drop 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?
BTCUSD market target 95000entry point 96300 stop loss 97100Here's a summary of your trade plan for BTC/USD:
Trade Plan
1. _Target_: $95,000
2. _Entry Point_: $96,300
3. _Stop Loss_: $97,100
Your plan indicates a bearish outlook, expecting the Bitcoin price to drop 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?
doneeverything is rigged.
im 42 now.
been trying to teach myself for over 10 years.
thought this prop thing was real....its not...all inside jobs.
i accept the hand i was dealt...the last job legally to get rich in Amerika was just a kon job.
fuck this
Bitcoin BTCUSD will go up to reach this targetBitcoin is on the verge of a remarkable surge, as my algorithm signals a bullish trend with a defined target. Based on advanced analytics and market patterns, the data suggests Bitcoin will rise to achieve new highs, fueled by a combination of technical and fundamental factors.
Key indicators like moving averages and momentum oscillators align with a breakout scenario. My algorithm identifies increasing buying pressure, reduced selling volume, and significant support levels holding firm, all of which point toward upward movement. Moreover, the macroeconomic environment, with ongoing institutional interest and increasing adoption, adds further fuel to Bitcoin’s upward trajectory.
Historically, Bitcoin has displayed a pattern of strong recoveries following consolidation phases, and the current market structure mirrors previous setups before significant rallies. Additionally, the psychological impact of breaking resistance zones often draws fresh inflows, amplifying the momentum.
However, as with any market analysis, caution is essential. The crypto market is inherently volatile, and external factors like regulatory developments or global economic shifts can influence price movements.
With my algorithm's insights and current trends, I project Bitcoin will achieve its target, offering an exciting opportunity for traders and investors alike. Stay vigilant, monitor key levels, and prepare to capitalize on this potential rally.
30minutes | Bitcoin | Analysis | 27/12/2024Asalam.o.alaikum (Hi) Community,
Hope you are fine and doing all of your great, so about yesterday analysis, we observed the bearish pressure and measured the weakness of bull even in the New York trading Sessions too. So, as we know we're currently at the central part of this market structure, also market turning through a price bend. For now we have the following key levels:
Bullish
An IFC require for upside move, till the first character change in bearish move.
Bearish
Overall market is showing it's bearish move, but seems like market is doing some correction of demand. Also, we're at the central part of this structure, so we have to take some patience to measure the more weakness of bulls.
Let's measure today move together.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
27/12/2024
#BITCOIN Solved total cup pattern with details on bitcoin chart
Learning prepose only Not Financial Advice (NFA)
BTC bearish if it break last Higher low
Based on time cycles, BTC remains bullish heading into 2025.
If it retraces back, it might form a higher low (HL) on the weekly timeframe.
