Bitcoin is Mooning and will Moon MoreEven though many investors are skeptical about the rapid rise of Bitcoin, from our perspective, the primary coin has established a stable upward trend that is unlikely to end soon.
It is anticipated that there may be another pullback to the $38,000 range to fill the futures gap.
Additionally, this area represents a zone of high liquidity. Overall, it currently appears that the price will subsequently continue its upward trend.
Price targets are in the range of the all-time high (ATH) from November 2021 and potentially beyond.
BTCUSDK2025 trade ideas
Bitcoin Futures: A Quantitative Approach to Analyzing BTCIntroduction to Bitcoin Futures
Bitcoin, the pioneering digital asset, has carved a niche in the financial markets with its futures contracts. Bitcoin Futures provide traders and investors a regulated avenue to speculate on the price of Bitcoin without holding the actual cryptocurrency. This article delves into a quantitative analysis to analyze the next week's potential value of Bitcoin Futures, employing a sophisticated Neural Network model.
Current Market Landscape
The Bitcoin market is known for its rapid price movements. Recently, regulatory news, technological advancements, and shifts in investor sentiment have contributed to market fluctuations. Understanding these trends is crucial for traders looking to navigate this dynamic landscape.
Quantitative Analysis of BTC Futures' Potential Price Movements
Neural Networks & Machine Learning: At the heart of our quantitative approach is a Neural Network model. This model has been trained on historical weekly data of Bitcoin Futures, including key price points and other relevant market indicators.
Data Preprocessing: To ensure accuracy, the data underwent rigorous preprocessing, including normalization to make it suitable for the Neural Network. This step is essential in highlighting the true patterns and trends in the data without noise or scale issues distorting the model's view.
Model Training: Our model was trained over 500 iterations, adjusting its internal parameters to minimize prediction error. This training process involved feeding the model historical data and letting it learn from the actual price movements.
Evaluation and Prediction: After training, the model's performance was evaluated. The actual prices were compared against the model's predictions to assess robustness. This evaluation is crucial in understanding the model's reliability.
Impact of External Factors
Bitcoin Futures are affected by a range of external factors, including regulatory changes, market sentiment, and technological developments. These factors can cause sudden and unpredictable market movements, making the analysis of future potential prices challenging. Our model takes into account the historical impact of these factors, but it's important to remember that unforeseen future events can lead to deviations from predicted values.
Forward-Looking Market Views
Based on our Neural Network's learning and the recent market data, the model predicts that the value of Bitcoin Futures for the next week will be around "$44,026.60". This prediction is visualized in our graph comparing actual prices against predicted values over time, providing a clear view of the model's accuracy.
Given the fact that the current value of BTC is slightly under 43,000, a trader could plan a long trade targeting 44,026.60 as their exit price. Entries could be taken in many ways such as utilizing key technical supports or waiting for breakouts above key resistance price levels. In all cases, a professional approach to taking risk in the marketplace always require managing such risk using stop-loss orders and making sure the trade size has been pre-calculated. There are many more options on how to have a contingency plan in place in case BTC moved in the opposite direction our AI expected it to. More on this in future articles.
The model's learning curve, depicted in the accuracy graph, shows how the prediction accuracy improved over training iterations, reflecting the model's increasing proficiency at understanding the market.
Conclusion
Our quantitative analysis, utilizing a sophisticated Neural Network model, provides a prediction for the next week's value of Bitcoin Futures. While this prediction is grounded in historical data and advanced algorithms, it's important for traders to consider the inherent volatility and unpredictability of the Bitcoin market. The predictive model is a powerful tool, but it should be used as part of a broader strategy that considers market news, economic reports, and other indicators.
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes, forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
$BTC setting up for.......Let's examine CRYPTOCAP:BTC #BTC
1 - it is still trading higher on that trendline, good news.
2 - it has formed a Symmetrical Triangle formation.
We've shown these before, best example was TVC:VIX , it cratered since the break.
These can really pack a punch. Have to keep an eye in the direction that they break, they do tend to be CONTINUATION patterns!!!
IMO #bitcoin could be setting up for 2024
PART 2
CRYPTOCAP:BTC WEEKLY:
RSI looks okay
Not exactly like mid 2019 or late 2020 but there's SOME resemblance.
#BTC $ flow looks pretty good.
If it stays here, historically it has a pause and then pushes higher
Then we reach the higher level, thick yellow line, where #bitcoin tends to peak.
BTCBTC looks ready to send from here up to 618 of the whole move before end of year
Lots of confluence with 618 -- MID of MID and Third Quarter as well as upper bound of current parallel channel
Has a variety of gaps that remain unfilled as additional incentive
We could also see it blow out the top of upper bound of channel to fill these gaps, stretching up to Third Quarter, which would be a great sell, and probably where the ETH/BTC strength picks up in earnest
$BTC waiting for confirmation BTC is in a difficult moment right now but i am thinking this is distrubution fase where whales are going to take money out of the market over a certain period of time.
Historically speaking almost all CME gaps get filled again. I am thinking that after the first rush in december was the high for this month put in the first couple days.
I am thinking we still will see the low of december since the momentum of the market down is after the first days of december
We will see if we finish this downtrend up until the CME gap is filled and we get another point where people are willing to buy again and the liquidity can be refreshed again.
I also need to say that the month december historically is down. History repeats itself and that you cannot ignore.
Bitcoin Has To Fill Some December GAPsA CME gap for bitcoin refers to a price discrepancy that occurs on the Chicago Mercantile Exchange bitcoin futures chart between the closing price of one trading day and the opening price of the next trading day.
Gaps occur because the bitcoin spot market trades 24/7 on various centralized exchanges, from which CME derives its Mark Price, while the futures market only trades Sunday through Friday, from 6:00 pm to 5:00 pm ET.
Some believe that gaps on the CME chart can act as significant support or resistance levels, as prices typically tend to fill the gap at a future date. Others argue that CME gaps are simply a technical phenomenon with no real predictive value.
Bitcon CME Futures chart made some GAPs in December, which can get filled in upcoming days/weeks and it can be very interesting to follow. We think that wave C can now fill the GAP from December 3rd and then when correction is completed and bulls back in play, then it can fill the GAPs from December 17 and December 10.
$BTC weakening a bitCRYPTOCAP:BTC hasn't traded under the RED Moving avg much since breaking above it in Oct of 2023.
We did warn on weakening RSI a few times.
Weekly, #BTC looks very similar to #ethereum.
However, unlike #ETH, it's finally getting out of OVERBOUGHT territory.
Might get lil ugly before it gets better.
#bitcoin does have a history of falling big once leaving overbought territory.
BITCOIN"Bitcoin's journey to $45,330 could be a result of 'covering the CME gap'. The CME gap occurs due to the difference in Bitcoin's price when the CME closes on Friday and reopens on Sunday. Traders often observe these gaps getting filled, hence the potential rise to $45,330. Post covering the gap, a pump to $39,000 could be a bullish move indicating positive market sentiment. But remember, market factors are unpredictable. Always do your research! #Bitcoin #CMEGap #CryptoTrading"
BTC one last PUSH before the BEARS take back control?It seems that we could potentially see another wave to the upside before seeing some aggressive sellers stepping in.
This aggressive action should be very aggressive and also creates a break of the market structure.
Inverse V shape to be expected to see the SELLERS taking back control of the trend.
You also have a gap right below that break of market structure.
By the way, this is the CME chart and it gives much more clues in my opinion than the continuous usual BTC chart.
I also join my last Tweet analysis on the left of the illustration. Clock is ticking and we are right into my GREY BOX.
Tic Tac Tic Tac!
Probably also one my last analysis as the BTC Trading Lab.
Merry Xmas and Happy New Year to everyone.
BTC1!As I ponder which gap will fill next, I'm noticing many seem to be thinking a 3xxxx bid is promised...
3xxxx bids are promised to no one.
Reclaim 42000 and I think odds shift dramatically in favor of 44910 next
It looks like an Adam and Eve bottom/ reversal forming just beneath mid, which should be enough to muster price back above 42000.
BTC1!
Here's My CME PA holes & 2018 Comparison Rally Just mapping and thinking
if the froth leaves & ETF stales
We attack parameter outlines lower
First would be CME gap under 40k
48k is still on the table but seems less likely
if the 44k gap down holds seems like USDT claims are rising
that MC add with ETF hype and CME premium came back the same one that was appearing
at 30k -32k first ETF hype cycle
35k retest
30-32k breakout support
hard too believe we see 24k break & 20420 USDC gap get filled
unless chaos happens
We never saw below old ATH till this cycle
Plan is too use this outline & trade price
if RSI weekly breaks down well see a sell off
if price keeps grinding higher with ETF we trade levels till price discovery
Halving in April
ETF TBD think March over JAN hard too know its a entity that can be manipulated & is controlled by a small group of loyal Central banking pawns
BTC1!I believe this is shaping up as a deviation beneath MID (of the whole move).
It seems plausible that if we can reclaim MID then we likely revisit the inefficiency left behind by Monday's capitulatory price action in a flash, as well as inevitably hover above MID long enough for a formal gap fill of last Friday's 44910 close.
🅱️ Bitcoin CME Update | Correction Canceled?Since the last update we have a new gap and the last jump is the final "bull-trap".
Bitcoin produced a new high in the early days of December but there are some bearish signals mixed in-between the candles.
For example, the new high is immediately followed by the strongest bearish candle since March.
Sell volume is really high and the close happened below EMA10.
The RSI did not match the new high and ended up printing a bearish divergence; These signals together can start to build a strong case for more red.
It is still early of course, but we see green/buy volume dropping on a daily basis which is indicative that the bullish momentum is losing its force.
It might still be early because Bitcoin continues trading above 40K, but the crash can happen so fast that one is easily caught by surprise. By the time we realize it is already too late.
Regardless of how things go now, we know growth is scheduled for the long-term.
With a positive attitude we continue to wake up but keep in mind that a pre-halving correction is not the exception but the norm.
It is great to be part of this live... There is always something going on.
Namaste.
CME BTC heading down to Fill GapThe CME Futures chart has a gap fill that would line up with a test if bithebthe 21EMA and the 10 SMA, that's where it's headed and hopefully sooner than later, Last Bull run the was an unfilled gap for the entire bull run, but it did get filled when BTC came all they way back to 20K. Not a Gap Boy, but statistics show they do get filled.