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Bitcoinidea

Bitcoin/USD 29/11/23Take a seat... This here is the months chart, each candle equates to a month of price action. Last month as you can see finished very positive and so this month was likely to also follow trend. The weekly time frame shows that as of the last two weeks traders/investors of #BTC have been taking profit, but the buying pressure is still there as we can see pullbacks to 35k... Now we have a minor resistance to break... breaking there has the potential to push price up. Now a break of this minor resistance (38k) has the potential for price to climb to 50k (where we watch how price reacts) or we have a possible 50-60% discount (30-31k) to get in and climb to 50k. Worse case for #Bitcoin as of now we fail to break 38k and catastrophically drop. This is where that 12-10k price predictions comes in... Take the risk and prosper!!! | Nothing Here Is Financial Advice But Be Inspired|🌟🚀 🌟
COINBASE:BTCUSDShort
by DENCHMON
2
$Btc #Bitcoin Earliest Top theory This is a total break of all trends and history as well as makes excuses for the double top. However, are these communities not for sharing ideas and helping one another think outside the box vs just being an echo chamber of common ideas? So here it is, the possibility that we began seeing a MUCH faster peak and finish to the cycle once getting into these BIG evaluations and numbers per BTC. BUT that it was missed and faked via the double top and all the extra $ printing etc. This is NOT my take it or leave it feeling, this is NOT me trying to create FUD and or seem like an idiot who knows nothing which I'm sure many will say, lol. BUT it is something to get people thinking. So love it or HATE it, I'm here to take the RISK sharing it.
by rarebreed29
BTC is capable to hit 100k more than u thinkBTC / USDT I think BTC started a new bull wave and The 100k is very logic target at end of cycle ,Heres why : 100k price is equal to 1.618 level of last big wave which is golden resistance level (Usually one of most important resistances in Bullruns ) Also BTC halving is after 2 months only … which is a very bullish historical moment and BTC always make a new ATH after this event another bullish sign we still above 20W EMA (like 2021 bullrun) 20W EMA was always a sign of strength during bullruns in high time frames so all basics say we are strong bullish But there are an obstacles which are: First obstacle: area around 58k (tough resistance) bulls must break this level and make an stability above it in order to continue Second obstacle: ATH level but according to BTC history… BTC never made double top before so i dont see it as much of important as first one The journey wont be easy, strong corrections and flash crashs will happen in between as the price dont move in one direction as usual :)
Long
by Babenski
27
Update on the Path to $100K and $150K BitcoinHere's an updated 'Path to $100k - $150k Bitcoin' study. We've already seen the power of the ETF money flowing into these markets, which seems unstoppable with Blackrock and Fidelity now with over $16B in AUM. We're also now seeing heavy corporate accumulation by the likes of MSTR which just upsized it's convertible debt offering to $700M from $600M to buy more Bitcoin. But as I've been speculating lately that other corporate accumulation has already begun, and would soon be 'revealed' at quarterly earnings reports and 10K filings... A wallet address associated with Tesla has started showing new accumulation of BTC. According to news sources: "Data from Arkham Intelligence reveals Tesla's apparent accumulation of Bitcoin, with holdings now at 11,509 BTC, up from 9,720 BTC. This surge, amounting to 1,789 BTC (approximately $120.4 million), suggests a renewed interest in the cryptocurrency." And they're likely not the only ones. It's a game of musical chairs, and not everyone will have a seat when the music stops. How high will this push Bitcion and the rest of the crypto markets? As you can see from this study analyzing the past cycle's fibonacci projectsions which correctly called the market cycle top exactly, and also by overlaying the last cycle's price action pattern, stretched out slightly to account for the pre-halving tempo of this market... We can clearly see $100k Bitcoin as the likely next point of resistance, and after potentially re-testing the current $70k new high, bitcoin could easily push higher to $155K this year. Similarly, the chart suggests that at a full 3.618 Fibonacci extention like the last cycle, puts Bitcoin at a $210K high this cycle, likely in 2025. What ar your thoughts?
COINBASE:BTCUSD
by BrettFogle
MicroStrategy's $100 Million Boost Sparks Optimism for BTC BullsBitcoin ( MIL:BTC ) continues to command attention as it maintains its stronghold above the $65,000 threshold, propelled by MicroStrategy's monumental move to raise an additional $100 million for Bitcoin purchases. With bullish momentum gaining steam, MIL:BTC enthusiasts are eyeing a potential retest of the $69,000 threshold, signaling renewed optimism in the cryptocurrency market. MicroStrategy's ( NASDAQ:MSTR ) latest announcement of an upsized offering of convertible senior notes totaling $700 million underscores the firm's unwavering commitment to bolstering its Bitcoin ( MIL:BTC ) holdings. CEO Michael Saylor's bullish stance on MIL:BTC has been evident since January, when the company sold $216 million worth of stock to fund additional Bitcoin ( MIL:BTC ) acquisitions. This strategic move not only solidifies MicroStrategy's position as one of the largest MIL:BTC holders globally but also paves the way for potential inclusion in the prestigious S&P 500 index. The unexpected $100 million increase in the aggregate principal amount of the offering highlights MicroStrategy's bullish outlook on Bitcoin's ( MIL:BTC ) long-term prospects. With estimated net proceeds of approximately $684.3 million earmarked for Bitcoin ( MIL:BTC ) acquisitions and general corporate purposes, the firm's continued investment in MIL:BTC signals confidence in its ability to serve as a store of value and hedge against inflation. Market analysts anticipate Bitcoin's price to retest the $69,000 threshold, with the potential to surpass the all-time high of $69,325 recorded on March 5. Optimism abounds as traders anticipate a breakout above this critical resistance level, paving the way for MIL:BTC to target the psychologically significant $70,000 mark. A successful breach of these levels could catalyze further bullish momentum, driving Bitcoin's price higher in the near term. However, caution remains warranted as traders brace for potential profit-taking, which could trigger a temporary pullback to retest support levels around $65,000. In a more severe scenario, Bitcoin ( MIL:BTC ) could dip to the $60,000 psychological level before resuming its upward trajectory. Nonetheless, the prevailing sentiment among MIL:BTC bulls remains overwhelmingly positive, with expectations of sustained growth fueled by institutional interest and increasing adoption. As Bitcoin ( MIL:BTC ) continues to capture the imagination of investors worldwide, MicroStrategy's bold move to bolster its Bitcoin ( MIL:BTC ) holdings serves as a testament to the cryptocurrency's enduring appeal and potential as a transformative asset class. With market dynamics evolving rapidly, MIL:BTC remains at the forefront of innovation, driving the digital revolution and reshaping the future of finance.
BINANCE:BTCUSDLong
by DEXWireNews
BITCOIN LONGTERM VIEW HALVING TO BULLRUN IDEAAs we can see ETF/institutions are buying like there is no tomorrow, here is my view. The etf positions are at 46-49k level. So this big institutions dont want to loss a positions or money. they will protect this zone before halving. For the next Bear market expect we go lower 28-30k after those etf would distribute their money for new buyers at around 60-80k area. My view on Bullrun is 80k nothing is above, if price goes above much better. I will not change the idea until next year or the next bear market. For all the holders winners always! This is not a financial advice. This is only my view. imagine those etf buying. lets see whats there price projections! selling around 70-75k is better. wait for next bear. save this if this idea has info on you! see you next RUN.
BITSTAMP:BTCUSDLong
by D1GITALTRADES
Daily Bitcoin Update - March 5, 2024Yesterday CRYPTOCAP:BTC rose above the light blue resistance zone, and rallied towards previous all time highs around $69k. However, BTC stopped just short of reaching new all time highs at the orange trendline. There has been a pullback and retest of FWB:65K , and BTC is continuing to show some strength this morning with a bullish bounce. I think the price is likely to trade sideways below SWB:69K for now, and we'll see if BTC starts to break down over the next few days. CRYPTOCAP:BTC Attempting a Bullish Retest of $63.9K Here CRYPTOCAP:BTC has started dropping, but BTC is attempting to form a bullish retest of this $63.9k resistance line to flip it into support here. Looks like there will be a bounce and rebound here. I think BTC could continue trading between GETTEX:64K and SWB:69K for now.
BITSTAMP:BTCUSDShort
by realchartchamp
Bitcoin- Will the "Black Swan" fly this time?As a seasoned trader, I often approach predictions with caution and realism, relying on technical analysis and common sense to guide my decisions. However, in the realm of cryptocurrency, particularly Bitcoin, recent price movements have sparked a sense of speculation and wonder. Could we be on the brink of a "black swan" event, characterized by an unprecedented rise without a significant correction? Reflecting on recent trends, in my analyses, you may have noticed my reserved demeanor and propensity for realistic predictions. Yet, the current trajectory of Bitcoin's price prompts me to entertain a notion previously dismissed – the possibility of a remarkable surge without the anticipated correction. Following the release of the ETF, I, like many others, anticipated a correction from 45 to 36, only to witness the market defy expectations. Since then, I've adopted a cautious approach, engaging in strategic buying with small targets(5-10%) and tight stops. Contemplating the unthinkable, returning to the heart of the matter, and setting aside technical analysis and conventional wisdom, one question looms large: Could Bitcoin soar directly to 100k without the anticipated correction, as projected by many technical analysts? I'll temporarily set aside the exuberant sentiments of the "Lambo gang"... Conclusion: As we navigate the dynamic landscape of cryptocurrency trading, it's essential to remain open to all possibilities, including those that defy conventional wisdom. While the prospect of a "black swan" event in Bitcoin's price surge may seem improbable, recent market dynamics compel me to entertain the notion with a cautious yet curious mind.
COINBASE:BTCUSDLong
by Mihai_Iacob
14
Bitcoin 💵:Navigating the Perils of Market SpeculationThe Temptation of the Bitcoin Mirage Ladies and gentlemen, In the vast and volatile landscape of financial markets, one phenomenon has captured the imagination of investors and speculators alike: Bitcoin. The allure of quick riches and the promise of a decentralized future have propelled this digital currency to unprecedented heights. However, amidst the fervor and frenzy, it's imperative to recognize the inherent dangers lurking beneath the surface. The meteoric rise of Bitcoin has been nothing short of astounding, but history has taught us that what goes up must eventually come down. The danger lies not only in the potential for astronomical gains, but also in the very real risk of catastrophic losses. Market speculation, fueled by greed and fueled by fear, has the power to distort reality and lead to irrational exuberance. We've witnessed the wild fluctuations of Bitcoin, soaring to dizzying heights one moment, only to plummet to earth-shattering lows the next. This rollercoaster ride is not for the faint of heart, and those who dare to participate must tread carefully. The allure of quick profits can blind even the most seasoned investor to the fundamental principles of prudent financial management. It's easy to get caught up in the hype, to chase the next big thing without fully understanding the risks involved. But make no mistake, the danger is very real, and the consequences can be devastating. As we navigate these treacherous waters, it's essential to exercise caution and restraint. We must resist the urge to succumb to the herd mentality, to follow the crowd blindly into the abyss. Instead, we must approach the market with a healthy dose of skepticism and a keen awareness of the risks at hand. Bitcoin may indeed hold the promise of a decentralized future, but it also embodies the dangers of unchecked speculation and market volatility. The road ahead is fraught with peril, but with careful navigation and prudent decision-making, we can steer clear of the pitfalls and emerge stronger on the other side. In conclusion, let us not be seduced by the siren song of easy riches, but rather, let us approach the market with humility and foresight. The dangers are real, but so too are the opportunities for those who dare to tread carefully. Thank you.
BITSTAMP:BTCUSDShort
by TrojanBible
BTC bear market is over? Setting a stage for next Targets of 41KSummary and Technical Outlook: BTC bear market is ended since the MSS happen in weekly TF with an impulsive price breakout, and the price witnessed continuation after impulse correction. Price is in an uptrend after changing the market structure now creating Higher highs and higher lows. Presently market just completed the impulse correction of a most recent impulse move and witnessing a solid rejection from the Daily OB as well. With, this anticipation for BTC is that the BTC will meet the next target at 1 Standard deviation of impulse correction which is resting around 41K. Fundamental Outlook: The Black Rock filing for BTC ETF is very hawkish for the BTC but the market didn't react yet, We can expect the Market total cap of BTC to lift at least by 350Bn - 500Bn in the coming months, Also FED pause opening the door for risk-on assets, China easing toward crypto regulations is also the positive signals. Note: The information and publications are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by publisher. @All copyrights are reserved. Contact for permission
BITSTAMP:BTCUSDLong
by f_moazzam22
5
Bitcoin to $100KOverview Bitcoin is the best litmus test for the crypto market. Whenever I can't get a read on a particular token, I refer back to Bitcoin. After reviewing the chart I believe Bitcoin is on route to $100K. Honestly, I wouldn't be surprised if it rockets pass this price and hits the next key Fibonacci level around $150K but that is months down the line. For now I'd like to stick with a March '24 prediction. Trading Patterns Bitcoin appears to be setting up for an Inverse Head & Shoulders or a Cup & Handle pattern. While both are bullish signals it does imply there will be a temporary dip in the price before further buying volume ensues and takes it to new highs. Scenario 1 (Inverse H&S) An Inverse H&S could result in a correction back to $35K-42K if it comes to fruition. Scenario 2 (Cup & Handle) A Cup & Handle could result in a correction to the same range with a more likely price target near 42K. Supporting Theory You may be wondering what the white vertical line is in both of the trading pattern scenarios. It marks the next FOMC meeting which occurs on 19-20 March 2024. I believe a significant correction is going to occur within the equity market following this meeting and while its timing in relation to the development of these trading patterns could be coincidental, I believe it supports the idea that the crypto market may also experience a drawback. Now I think it goes without saying that I don't believe these corrections will be a market reversal back into a crypto winter. I just believe the FOMC is going to finally make changes regarding the Fed Rates and that, when it does, regardless of whether they are increased or decreased the large investors are going to withdraw for two reasons: 1) Realize profits 2) To get a feel for the direction of the market moving forward Once the second condition has taken place then I believe both the equity and crypto markets will continue their rallies as the "whales" reinsert their liquidity. March Price Prediction Everything aside, I believe Bitcoin will continue to grow for the next week or two. While there is not much room left before the prior trading patterns would need to see a correction, I believe that Bitcoin could reach 69K before the next FOMC meeting.
COINBASE:BTCUSDLong
by Shepherd_Investor
1
BITCOIN - March Highier Timeframe Breakdown - 01/03/24'Hello everyone, lets jump in.. So bellow you can find screenshots, with every relevant timeframe to be looked at, to make a better educated guess at least in my opinion. First of all, I need to say, that this Idea DO NOT have to play out immediately, IF ALL! BUT Since Highest Timeframe we operating with is 3Month, there is still like 60Days window in which this CAN play out. 3M 2M 1M 15D 10D 5D So this Whole IDEA, is Based on 3M candle/timeframe (basically quarter outlook), which still follow my Q1+FED outlook as next.. --> In which I ment there is higher chance of continuing Higher with time UNTIL FED start cutting Interest Rates... and in the mean time we Rallied.. BUT since we are reached Price targets close to ATHs' I think is needed to be even more carefull.. and this due to --> If we take a look at 3M chart, we can see that prior times in History, when we reached Closing price of 3M candle, IT WAS THE TIME WHEN WE PEAKED WITH PRICE FOR PROLONGED PERIOD OF TIME. (And we already did it!) but there is still almost 2month to next FED meeting.. So Main Question is IF we will go Above ATHs' in this period of time, or We will follow what happend prior Cycles and thats correction... AND My honest answer is that I DONT KNOW, BUT if I HAVE TO pick one, I REMAIN EXTREMLY CAUTIOUS, since Right Now I see this more as "fake bull market" BECAUSE , and this "Because" have two aspects- Micro/Macro economy and then what Charts are saying.. Firstly, if we check out Charts, we can see on EVERY SINGLE ONE, that we reached with Closing Price close to where ATHs Closes are, BUT we dont Close above them.. Which In my understanding of Market Increasing chances for revisiting Lower prices "when correct time come" BUT, in the meanwhile, there is still "TREND" which I would say is still "bullish" and for that Reason we can "be trying" to reach or break ATH.. and only "time shows and chart tell" if we will go there.. BUT , as I ment.. there is other factor and thats.. Micro/Macro economy outlook at things, And I would say.. "ITS NOT THE BEST ONE"! --> Inflation is STILL HIGH (due to FED) and it looks like it slowly starting to elevate again, Unemployment is STILL relative close to all time Lows, and Interest Rates are STILL HIGH.. on top of that, from last reports it looks like economy start Slowing down a little bit BUT Markets still looks like "they dont care". Which In my opinion is BIG Mistake, and for that reason, Im trying to evaluate things on Daily basis when New Important Market/Economy News happen.. especially, in time "Where people believe only way of going is Highier!"... AND THATS BECAUSE - if we again, come back to our 3M chart, we can see there is 30D left on it.. and in those 30days market can change a LOT, AND We already reached price where In history was our "turning point" chart wise.. So, in my opinion, being a buyer right now is more risky then being seller.. , but I still label this IDEA as Neutral, since there is still lot of time remaining for Price to behave irational. Hopefully, this helps some of you with your perception of market. If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks Joe
INDEX:BTCUSD
by cryptocapitaltrading