Bitcoinprediction
The MOST IMPORTANT Chart On The Planet - $1M Bitcoin Incoming MartyBoots here , I have been trading for 17 years and sharing my thoughts on the most important chart on the planet which is the XLE chart.
This chart will change the entire world
XLE is looking beautiful , very nice chart for more upside
Very similar to SPX500 which also went parabolic
Do not miss out on XLE as this is a great long term opportunity
Watch videos for more details
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Nov 15, 2024Technical Analysis and Outlook:
According to my analysis of Bitcoin, as I have previously forecasted for Aeon, Bitcoin achieved the target of $92,000 in the past week. Although it has since retraced to the Mean Support level of $86,500, Bitcoin is currently at the top, regaining momentum, and is projected to hit the Outer Coin Rally of $99,500 and a subsequent target of $110,000. Currently, wwe are hovering near the $100,000 threshold, which indicates the commencement of a significant bull market. It is essential to acknowledge that this journey has been lengthy and demanding, and further volatility is anticipated. Nevertheless, patience will likely yield substantial rewards for those who have remained committed thus far. Recognizing that reaching these targets in all probability will trigger selling pressure is crucial.
Bitcoin’s Next Big Move: New Highs in 2025 After Key Breakout?Alright, we’re entering a critical new phase for Bitcoin. I never thought I’d be saying this, but it’s looking like new all-time highs could be on the horizon for 2025. We’re now targeting prices between $102,972 and $118,256. With the newly elected president showing strong support for cryptocurrency, these targets don’t seem unrealistic.
If we look back at the weekly chart, Bitcoin recently completed a massive Cup and Handle pattern, pushing it effortlessly past its target of $75,021.83 and setting new all-time highs. The price has surged above the key yellow trendline—a level that’s historically been a major resistance point, rejecting Bitcoin multiple times.
However, while Bitcoin’s breakout is impressive, history suggests it won’t be a smooth ride to the top. We previously expected this weekly candle to close below the trendline, and although it has managed to push past it, a pullback still seems likely. Bitcoin could dip to around $48,072.11 before resuming its upward trajectory. Pullbacks are normal, even healthy, in strong trends, allowing the market to consolidate before another leg up.
The recent rally happened rapidly, fueled by a surge in buying momentum once Bitcoin broke through its resistance. This kind of bullish activity is typical when key levels are breached, as traders and investors pile in. But without a proper pullback to establish new support, these gains could be at risk.
The broader market optimism, bolstered by political events, has also played a role. Bitcoin, acting as both a hedge and a speculative asset, thrives when investors are in a risk-on mood. But to sustain these highs, we’ll need to see continued market strength and solid support forming along the way.
So, keep these target levels in mind. If you found this analysis helpful, don’t forget to hit that like button. Let’s see how this unfolds 2025 could be a big year for Bitcoin!
BITCOIN - why I expect (120K -130K) is a peak of this cycle
My wish is to reach $200k but I have a reason and I would like to share it with you.
The reason is related to historical and time assumptions and it is the core of the markets (logarithmic movement).
🔸Here are some statistics:
- Bitcoin's decline rate in 2014-2015 was 87%
- The decline rate in 2017-2018 was 84% (3% small difference).
- The decline rate in 2021-2022 was 77% (difference 7%)
🔸 - Why did 2022 record a lower rate? Because of time
Yes, because it rose to a close to the top with a slight difference early and had a full year until the end of the cycle, so it reached 64,000, then fell 55% and returned to rise 140% and formed a double top from this movement and ended its cycle on time in November 2022, as the oscillation process took 7 months on two sub-waves before the end of the cycle, so achieving the top before its time is important to settle the rest of the calculations.
But the two cycles 2014-2017 because the rate of rise was flexible and had space, it achieved large ascending rates and from there it fell directly without oscillation.
And we said with the passage of time and the stability of the cycle every 4 years and also we have decreasing peaks and bottoms, it will definitely work on oscillation when it achieves the main peak until the cycle ends.
🔸 Notice in blue the formation of the peaks and how they were different in 2021-2022 on M shape and indicator of exploiting the time period until the end of the cycle, which is expected to happen in this cycle for a long oscillation and the formation of more than one peak until the time ends and it falls.
🔸Ok now it has a very long time until the end of the current cycle which will end in November - December 2025 we are talking here about a whole year what will it do?
From this point of view everyone has seen the majority's expectations that it will rise to astronomical numbers 500k and a 1M we all hope for that but the reality is different.
So I currently expect 120,000 - 130,000 a major peak in which I guarantee myself not to enter into high assumptions and risks.
But be careful here an important condition must be met which is the basic sign of the end of the rise of Bitcoin ..
🔸 What is it? (The explosion of ALTS to the point of hysteria and here we say that the peak has been achieved).
This means that the violation of expectations and their conformity lies not in the rise of alternative currencies but in a crazy explosion regardless of whether the price of Bitcoin is higher or lower than my expectations.
🔸Okay, is there any objection to Bitcoin going to 200k and 300k?
Of course the answer is no in a restricted way, meaning that Bitcoin rises at a sharp angle like 2014-2017 and takes advantage of the entire cycle time, so it will naturally achieve those numbers, but it conflicts with the behavior of the logarithmic movement between price and time.
🔸Final point:
The percentage of the decline in the next cycle will be less based on past data. If we assume that the percentage will be between 65% and 60%, and considering that the main bottom will be between 58,000 and 48,000, Bitcoin's rise may extend to $150,000 as a maximum, but as I said, it is governed by the condition of the explosion of altcoins, as they are the ones who will determine the credibility of all those numbers and percentages.
BEST Regards Ceciliones🎯
UPDATE:Bitcoin’s Crossroads: Breaking Higher or Turning Lower?Good morning, trading family! At the Mindbloome Exchange, we keep it real and trade what we see. Bitcoin’s making waves, pushing toward FWB:88K with a shot at $91K. But don’t get too comfortable—this market loves to shake things up. If the push higher doesn’t hold, we could see pullbacks to $86,900, $85K, or even down to $80,799.
Breakdown
The Bullish Case
Bitcoin’s climbing from FWB:88K , aiming for $91K as the next big target.
Resistance at $91K
$91K is a key spot. Breaking it could mean more momentum ahead.
Warning Signs
If FWB:88K doesn’t hold, we could see Bitcoin slide to $86,900 support.
Deeper Pullbacks
Below $86,900, look for possible drops to $85K or even $80,799.
Your Approach
At The Mindbloome Exchange, we trade what we see. Watch the levels, keep your strategy tight, and let the market do the talking.
Kris/ Mindbloome Trading
BTC Bitcoin // Breakout or Breakdown ?www.tradingview.com
After a massive bull run in BTC, it is taking a halt for last couple of days between 85000 to 93000 ranges.
On daily chart, the levels can be:
Resistance : 93700, 102400, 111100,119800 (exhaustive)
Support : 80400, 72200, 64400 (last resort)
The level where it is taking support right now, is 23% retracement at Fibonacci retracement level. This an important level. While looking at above levels, if it has to break the last swing high and touch some unchartered territories, the pullback is required. The best pullback reversal can be anywhere between 69000 to 76000.
Fresh buying depends on your risk appetite. Here are the ranges based on type of traders with strict SL.
--> High risk traders: reversal from 80500.
--> Moderate traders: reversal between 72000 to 76000
--> Conservative traders: reversal between 64000 to 66700
Good luck.
StoxWare Team
Retail and pros diverge while bitcoin mulls $100kBitcoin is tantalizingly close to the elusive $100k target - a level which has been thrown around, literally for years, by bitcoin visionaries. And it looks like it will finally get there. Yet with prices rising while real-money accounts derisk from the original-flavoured crypto currency, which crowd should we follow?
MS
Bhutan’s $33M Bitcoin Sale – What’s Next for BTC?In a major move that has captured the crypto world’s attention, Bhutan’s government has offloaded $33 million worth of Bitcoin ( CRYPTOCAP:BTC ) through Binance. This sale comes just weeks after the country’s previous $66 million BTC sell-off. As Bitcoin hovers near all-time highs at around $91,000, the Royal Government of Bhutan appears to be taking profits, which is influencing the broader crypto market sentiment. This article delves into both the technical and fundamental aspects shaping Bitcoin’s next moves as whales offload and accumulate, with a potential BTC milestone of $100,000 looming.
Bhutan’s Profit-Taking & The Whales’ Game
According to Arkham Intelligence, the Royal Government of Bhutan recently moved over 367 BTC, valued at $33 million, to Binance, capitalizing on Bitcoin’s rally after it touched a high of $93,000. Bhutan’s activity in the Bitcoin market signals a strategic profit-taking move, potentially a wise decision in a highly volatile environment.
But Bhutan isn’t alone in its CRYPTOCAP:BTC strategies. Over the past week, other Bitcoin whales have collectively accumulated over 100,000 CRYPTOCAP:BTC , revealing a balanced dynamic where one faction is securing profits while another continues to build positions for the anticipated bull cycle. This mixed whale sentiment could create temporary selling pressure, but it also underscores confidence in Bitcoin’s long-term potential.
Interestingly, the United States may soon adopt an even more active role in Bitcoin acquisition. Under a proposal by pro-crypto Senator Cynthia Lummis, the U.S. government could acquire 1 million BTC annually over five years, with former President Donald Trump proposing a Strategic Bitcoin Reserve. This government-level activity suggests a significant endorsement of Bitcoin as a strategic asset.
Technical Analysis
As of this writing, Bitcoin is up 1.31%, trading at approximately $91,000. Over the last few weeks, CRYPTOCAP:BTC has navigated a symmetrical triangle pattern, a technical setup indicating consolidation before a potential breakout. Recently, BTC broke above the rising trend channel formed by this triangle pattern, signaling bullish momentum.
However, with Bhutan’s latest sell-off, traders may react to this profit-taking by adopting a cautious stance, which could lead to a price correction. If CRYPTOCAP:BTC retraces, it’s likely to find support around $84,000, a critical level identified by analysts as a consolidation floor.
Beyond this immediate outlook, the $100,000 milestone remains within reach. Many traders and analysts view this psychological level as the next major target, especially if the ongoing accumulation trend by whales persists. The broader crypto market capitalization has rebounded from a low of $2.99 trillion to its current level near $3 trillion, underscoring the market’s resilience despite recent sell-offs.
What’s Next for Bitcoin?
Bhutan’s sale of $33 million in BTC represents a potential short-term headwind for Bitcoin’s price. Crypto analyst Ali Martinez also anticipates a price correction, driven by profit-taking and an influx of selling pressure. However, the fundamentals of the market, including whale accumulation and the broader institutional interest in CRYPTOCAP:BTC , remain strong.
For traders, the key levels to watch are the $84,000 support and the psychological $100,000 resistance. A sustained rally toward $100,000 could lead to another round of institutional interest and further accumulation by whales, solidifying Bitcoin’s position in a long-term bull run.
Conclusion
Bhutan’s profit-taking reflects a strategic approach to Bitcoin’s ongoing rally, with the government banking on BTC’s parabolic price rise. While this move could trigger a brief price correction, accumulation by other whales and ongoing institutional interest suggest that any dips may be short-lived. With Bitcoin close to reaching the historic $100,000 level, the coming weeks are poised to be crucial. As whales continue their moves, keeping an eye on these key technical levels will be vital for traders looking to capitalize on Bitcoin’s next leg up.
Is Bitcoin's Bullish Momentum Sustainable? A Detailed AnalysisBitcoin, the world's largest cryptocurrency, has been on a tear recently, with prices surging to levels not seen in years. This article delves into the key factors driving this bullish momentum and explores the potential implications for the cryptocurrency market's future.
The Bull Flag Formation: A Technical Analysis Perspective
A key technical indicator that has caught the attention of analysts is the formation of a bull flag pattern on Bitcoin's price chart. This pattern is characterized by a sharp upward move, followed by a period of consolidation within a descending trendline. Once the price breaks out of this flag, it often leads to a significant upward move.
First Mover Americas highlighted Bitcoin's flirtation with the $90,000 level, emphasizing the volatility of the market. Such price swings are common in cryptocurrencies, particularly during periods of high momentum.
The Role of Retail Investors
While institutional investors have been a major force in the crypto market, retail investors, often referred to as "shrimps," have also played a crucial role in driving Bitcoin's recent rally. These shrimps have been actively accumulating Bitcoin, even as whales have been offloading their holdings. This suggests that retail investors are increasingly confident in Bitcoin's long-term potential.
Overheating or Sustainable Growth?
A common concern among investors is whether Bitcoin's rapid price appreciation is sustainable or if it is a bubble that is about to burst. Key metrics like the Hash Ribbons Indicator can provide valuable insights into the health of the Bitcoin network. The indicator, which tracks Bitcoin's hash rate's long-term and short-term moving averages, has recently crossed over, signaling strong miner confidence. This bullish crossover has historically been followed by significant price increases.
Furthermore, Bitcoin's Weekly RSI (Relative Strength Index) has entered the overbought zone, indicating that the asset may be overvalued in the short term. However, the last time the RSI reached this level, Bitcoin surged by over 80%. It's important to note that technical indicators should be used in conjunction with fundamental analysis to make informed investment decisions.
The Impact of Increased Trading Volume
The surge in Bitcoin's price has been accompanied by a significant increase in trading volume. This increased activity, driven primarily by retail demand, has further fueled the rally. As more and more investors flock to the cryptocurrency market, the demand for Bitcoin is likely to continue to grow.
Conclusion
Bitcoin's recent bull run has been fueled by a combination of technical factors, strong investor sentiment, and increased retail demand. While the cryptocurrency market is inherently volatile, the underlying fundamentals of Bitcoin remain strong. As the network matures and adoption grows, Bitcoin's long-term prospects appear promising.
However, it's essential to approach cryptocurrency investments with caution. Investors should conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
#BTC/USDT hiTS $93K What's next? Urgent Update! Bitcoin is straightforward: Watch for liquidity around $88,083 and $89,696 on the hourly chart. These are critical levels for the bulls to defend.
With no significant resistance, a move to the $100K mark seems likely. However, since everyone is eyeing $100K, we might not reach it as quickly as expected.
BTC has enjoyed a massive rally over the past few weeks and may need a halt, but you never know!
Invalidation: a close below $85,314.
Let me know your thoughts in the comments!
#PEACE
I'm starting to sell BTC. Here is my planIn my previous BTC analysis, I mentioned my belief that Trump would win the election, potentially driving BITSTAMP:BTCUSD to a new all-time high. However, I don’t expect this surge to lead to a sustained bull market. Instead, I anticipate this to be an emotional reaction, with prices likely falling after a few days.
Now, with BTC trading above $80,000, I’m preparing to build a short position. Here’s my strategy:
Since there are no clear resistance levels above this point, I plan to make my first short sale at $82,000 and the next at $87,000, giving me an average entry of $84,500. I’ll set my stop-loss at $89,500, and my target is $74,500, aiming for a 1:2 risk-to-reward ratio.
I acknowledge that this trade is based more on intuition than on solid technical analysis, and I’m fully aware that it goes against the prevailing strong uptrend.
My rationale is that if BTC were to reach $100,000 in a sustained move now, without a solid drop before, it would be “too easy”—perhaps even too expected by all the traders.
And if I’m wrong, well, we can’t win them all, and I’ve already accounted for the potential loss in my outlook.
BITCOIN / BTCUSDT Bullish Long Trade Target $129,582!!The Bitcoin (BTC) weekly chart highlights a robust long trade setup identified using the Risological Indicator.
With Target 1 (TP1 at $79,726.4) successfully achieved, the cryptocurrency is positioned for further upward momentum towards its ambitious targets.
BITCOIN / BTCUSDT Key Technical Insights:
Entry Point: Entry triggered at $67,957.6, following confirmation from bullish signals and the Risological trendline support.
Massive Target Zone : The remaining targets at TP2 ($98,769.9), TP3 ($117,813.4), and TP4 ($129,582.3) suggest substantial upside potential driven by strong market sentiment and technical alignment.
Stop-Loss Protection: Risk management is secured with the stop-loss set at $58,435.8, ensuring minimized downside exposure.
Momentum Drivers:
Technical Resilience: The upward trajectory is supported by a confluence of the Risological Lines acting as a dynamic guide.
Market Sentiment: Bitcoin continues to display impressive resilience amidst broader market uncertainty, reinforcing its appeal as a strong bullish candidate.
Conclusion:
Bitcoin's ongoing bullish breakout underscores its potential to reach the higher target zones. Traders leveraging this trade setup stand to benefit significantly from the well-structured risk-reward balance.
Keep monitoring for momentum accelerations towards TP2 and beyond!
Bitcoin Analysis==>>Where is the End of the Rally!?Bitcoin ( BINANCE:BTCUSDT ) was able to start a new rally after breaking the upper line of Descending Broadening Wedge Pattern .
Bitcoin is moving near the Potential Reversal Zone(PRZ) , the Resistance lines , the middle line of Pitchfork , and the Time Reversal Zone(TRZ) .
According to the Elliott wave theory , Bitcoin is near to completing the Main wave 5 in PRZ .
Also, Regular Divergence(RD-) between Consecutive Peaks in MACD and RSI Indicators .
I expect Bitcoin will decrease after touching the Resistance lines to fill the important CME Gap($77,360-$80,670) .
⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️==Low possible.
What is your idea of Bitcoin being able to touch $100,000 during the current week❗️❓
Bitcoin Analyze (BTCUSDT), Weekly time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates ; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🔔Be sure to follow the updated ideas.🔔
Well $BTC hit my second dip early but didn’t hit the first! This is proving to be much more GRAND than I expected the INFLOW of $ into CRYPTOCAP:BTC spot ETFs and from Alt coins moving less.
But really so much shock and awe is coming! People will continue to buy this retail. And it won’t stop until Christmas is WELL OVER! Don’t short yourself a loss here! If your a day trader go for it but I’d be just Long on small Term trades. Anyway! good luck all and well DONE HODLERS!
BITCOIN UPDATES MOMENTUM AHEADWe see 80k today, now Im expecting a higher price more than 90k-95k.
but we must test back to 71-72k first,to manipulate the Longs or what we called the breakout traders, at the same time to expect the short sellers for believing it might go lower.?
This idea base on my understanding and
FIBONACCI on the test of the previous highs.
Im expecting a 4.25 FIBS. above, like 95k or higher.
This is not a financial advice, were closing the year expect it good rally, we see next year for the next chart.
This is my quant of higher idea.
Follow for more
BITCOIN Weekly Chart Targets Massive $129,500!!BTCUSDT Analysis:
The Bitcoin Weekly Chart is setting the stage for a monumental move with TP1 already achieved, and all eyes now on the higher targets. The final target of $129,582.3 suggests the potential for a historic rally as technical indicators and market sentiment align in favor of the bulls.
BITCOIN Trade Overview:
Entry: $67,957.6
Stop Loss (SL): $58,435.8
INDICATOR USED: Risological Swing Trader
BITCOIN LONG TRADE TARGETS:
TP1: $79,726.4 ✅
TP2: $98,769.9
TP3: $117,813.4
TP4: $129,582.3
Key Observations:
Weekly Breakout: Bitcoin's weekly chart shows a significant breakout from key resistance levels, with strong momentum driving prices higher.
Moving Averages Cross: A bullish cross of the moving averages underpins the ongoing rally, signaling sustained buyer strength.
Market Sentiment: Bitcoin is riding a wave of positive sentiment, bolstered by institutional interest and increasing adoption narratives.
BTC Outlook:
Bitcoin’s momentum on the weekly timeframe suggests a continued rally towards TP2 and TP3, with the possibility of reaching TP4 under strong market conditions. Traders should monitor weekly closes to confirm the rally's sustainability, while maintaining risk management strategies.
Conclusion:
Bitcoin’s long-term technical setup is firing on all cylinders. With TP1 already hit, the path toward the final $129K target could unfold as momentum builds. This is a trade that will be remembered for years to come!
BITCOIN Surges on 4H Chart – Is This the Trump Effect? BITCOIN (BTCUSDT) Analysis:
Bitcoin (BTCUSD) has delivered a stellar performance on the 4-hour timeframe, breaking through key resistance levels and smashing all targets in a stunning rally. Powered by the Risological Swing Trader, this trade showcases how technical precision meets market momentum for outstanding results.
Trade Summary:
Entry: $78,291.3
Stop Loss (SL): $76,997.5
Targets Achieved:
TP1: $79,890.4 ✅
TP2: $82,478.0 ✅
TP3: $85,065.6 ✅
TP4: $86,664.8 ✅
What’s Driving the Rally?
Market Sentiment: Speculation on potential macroeconomic shifts and regulatory developments has contributed to Bitcoin’s renewed upward momentum.
Is It the Trump Effect? Rumors linking political catalysts to financial markets have spurred speculation of increased demand for alternative assets like Bitcoin, further fueling its price surge.
Technical Precision: The Risological Swing Trader’s signal at $78,291.3 gave traders the perfect entry, leveraging clear risk management with a favorable risk-reward ratio.
Key Takeaways:
Green Trendline Support: Bitcoin followed a steep upward trajectory, supported by the robust trendline.
Volume Confirmation: Strong buying volumes confirmed the breakout, validating the upward movement.
Momentum Continuation: Higher highs and consistent bullish candles signal a continuation of this rally.
Conclusion:
Bitcoin’s remarkable rally has hit all targets, with the Risological Swing Trader proving its reliability once again. Whether it’s market sentiment or political influences like the "Trump effect," BTC remains the center of attention. For traders and investors, the key is to ride the trend while keeping an eye on potential reversals.
Namaste!