BTCUSDT Chart A clear sell order blocks are yet to be filled from the upside. I'll Look for SELL once price reach at my point.
DYOR
BEARUSD trade ideas
BTC TO $86,850Based on my TA, BTC has now confirmed a short term trend change on the smaller time frames which will result in relief / pull back on the higher time frames (W,M).
BTC recently just crossed over the SMA's, pulled back and rejected them as well as a major key level. There is also the case of the SMA's (21/9) crossing over on the 4hr indicating a trend change confirmation.
On the higher time frames we also has deceleration and exhaustion from the candles showing a relief period and pull back is in coming which of course will result in a trend change again on the smaller time frames.
We also have the issue of the FED stating they are not looking to hold a BTC reserve and won't be changing their opinions anytime soon regardless of Trumps open supportiveness of Crypto.
The fib is also confirming a bear market as it is aligning very nicely with key levels and targets to the downside. I have entered at the LH which is the same area the market rejected the crossover of the SMA's.
We'll likely see some consolidation / resistance around the $94,500 price mark as it is a major key level imo but if we break that level then BTC will likely fall to the golden ratio market out by the fib which also happens to align with another major key level of $86,850 which is my overall target.
Of course i will lock in profits along the way, i have a small stop on this trade of just 2.5% located just above the cross over of the SMA's for some protection from TA.
Bitcoin Analysis: Potential Bullish BreakoutThe BTC/USD 1-hour chart highlights a key resistance zone (shaded in pink) around the 97,000 level. The price is currently consolidating near this zone, with a potential scenario for a breakout towards the target of 101,000.
Key Observations:
1. Resistance Zone: The 97,000–98,000 level has been a significant area of interaction, acting as resistance.
2. Potential Pullback: A short-term dip toward 96,000 could occur before a bullish breakout.
3. Upside Target: If the price sustains a breakout above 98,000, it may aim for the target at 101,000.
Trading Plan:
Consider buying on a confirmed breakout above the resistance zone with a target of 101,000.
When is the BTC correction over?When is the FIRST real bullrun correction over?
I compared it with the CRYPTOCAP:BTC ‘20 & ‘21 bullrun.
After breaking the ATH in 2020 #Bitcoin had a parabolic move of 39 days. After making a local top at 40K it corrected with 30% and after 31 days Bitcoin broke the old ATH.
So 41 days after breaking ATH the first correction is here. Don’t be surprised if CRYPTOCAP:BTC tends to go a another leg down like in 2020. To keep the bullrun intact Bitcoin should not go lower then the 50 TEMA.
So if history repeats #Bitcoin should make a new ATH mid Jan. next year.
IMO i don’t believe CRYPTOCAP:BTC will correct 30% from the top. With all institutional interest and #ETF’s is highly unlikely.
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P BINANCE:ETHUSDT INDEX:BTCUSD BITSTAMP:BTCUSD BITFINEX:BTCUSD KRAKEN:BTCUSD
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$BTC 2 options.In my opinion, MARKETSCOM:BITCOIN has 2 options. If I take the previous run, we could easily get an ABC correction. This is confirmed by following the fib lines as with an ABC Correction. In that case, I wouldn't be surprised if we see a correction towards 85k.
A positive scenario is that if Bitcoin manages to break out of this and we can break the supply zone and can now test it as a demand zone, we can see room to rise and we will test the next first important resistance. See green drawn line.
For now, it will be especially exciting in the coming hours and we have to wait and see what will happen.
Happy Sunday!
Be kind to the world and each other!
HYPERLIQUID.the path to 100 is pre-ordained.
there is no other alt that has been showing relative strength,
dominating CT mindshare,
and has a number of upcoming narratives.
the decision to make the right choice is yours.
HYPERLIQUID. PYTH:HYPEUSD
BTC 12/21/2024 Distribution curve updatedSeem the curve has developed more than enough to see that there is a good chance we drive lower. A lot of coil/ consolidation prior but that is what gives birth to explosion.
Not financial advise
Don't anticipate... participate!!
Bitcoin ($BTCUSD) Trading Plan: Key Levels and Breakout Setup
### **Description:**
This chart highlights a **descending triangle breakout setup** for Bitcoin ( BITSTAMP:BTCUSD ), with critical levels to watch as it approaches a decision zone:
- **📍 Entry Zone**: **$97,130** (Yellow Line) — This level aligns with a breakout from the descending trendline, indicating potential upward momentum.
- **❌ Stop Loss (SL)**: **$93,700** (White Line) — Placed below a strong support level to minimize downside risk in case of a breakdown.
- **🎯 Target 1 (T1)**: **$102,632** (Red Line) — The first key resistance zone and profit-taking level.
- **🏆 Target 2 (T2)**: **$108,387** (Green Line) — Aligns with previous highs and serves as the extended target for significant upward movement.
---
### **Why This Chart is Important:**
1. **Technical Setup**:
- The chart showcases a **descending triangle pattern**, which is a high-probability breakout setup. A bullish breakout here could lead to strong price momentum.
2. **Risk-Reward Opportunity**:
- With a tight stop loss at **$93,700** and clear targets, this trade provides an excellent risk-reward ratio for both short-term and swing traders.
3. **Market Relevance**:
- Bitcoin’s price movement often dictates broader market trends, making this chart crucial for crypto market sentiment.
4. **Critical Levels**:
- Key levels highlighted ensure a disciplined approach, whether the breakout sustains or reverses.
### **Conclusion:**
This trading plan for Bitcoin presents a strong **risk-managed opportunity** as it approaches the breakout point at **$97,130**. Watch for confirmation of a breakout to target **$102,632 (T1)** and **$108,387 (T2)**, while protecting capital with a strict stop loss at **$93,700**. Monitor closely for market sentiment shifts as Bitcoin often sets the tone for the crypto market. 🚀
BTC Trajectory12-hour looks like it wants to pump from here, but the daily is begging for a downturn. We might see a pump to create a lower high, followed by a dump to the CME gap as expected. However, it could be too easy, so expect some downside, possibly to 60K, to make it convincing enough to rinse out weak hands and take liquidity. The goal is to ensure enough traders are sufficiently rekt. Then, of course, we pump—unless the entire market goes into a recession... then it's over.
BTC Channel FullAfter the strong bounce the other day from 92k (black dashed line) i was curious whether there was any other price action that respected this trend.
I started by taking the trend from the bull market highs of the previous 2 cycles, then keeping the same gradient moved to the bounce at 92k we had the other day and drew a trend line at the same gradient.
Interestingly price has reacted to this trend line multiple times ever since the bottom straight after the 2017 bull market.
Copied the gradient across the chart seeing the price action respecting this gradient multiple times.
Created a trend line of best fit from the bottom of the range to our current high (thin red dashed lines). Measured gradient and copied and pasted to the 2017 and 2021 bull markets inverting the gradient for the swings to the bottom of the channel.
Created another trend line (thick red dashed) to see where the above dashed lines were intersecting and noticed where they were intersecting the thick dashed line on roughly the same day.
Buying Opportunity in Bitcoin after Rejection at Key ResistanceDescription:
On the daily chart of Bitcoin (BTC/USD), we observe an interesting dynamic. After a recent spike around $97,983, the price has shown a significant pullback, finding support at the $96,422 area. This level has acted as a key support, where the price has bounced off, indicating a possible bullish reversal in the short term.
Analysis:
Resistance and Support: The price has rejected the resistance at $97,983.96 and has retraced to the support at $96,422.90. This pullback has been followed by a bounce, suggesting that the support is holding.
Volume: An increase in volume during the bounce from the support can confirm buying strength.
Strategy:
Entry: Consider buying on the bounce from current prices,
Stop Loss: Place a stop loss below the recent low, around $96,200, to manage risk.
Take Profit: Target the previous resistance at $97,983 as the first profit target. If the price breaks this resistance, the next target could be the all-time high or psychological levels like $100,000.
BYC ALTERNATIVEI post this as alternative because I care not to be an analyst but a trader which means that I am looking for price to develop in the most probable fashion to increase my odds. If the setup is there I could careless what side of the market it is on. I would rather make money than be right simple… so I seat on my hands until a point of undeniable perception of where this thing will break out or break down at. Let’s give it time to develop and exploit!!
BTC DISTRIBUTION CURVESeems as if BTC is setting up a distribution curve based on the 1D manipulating//wick away from an imbalance candle so dissecting on the 15MIN and 5MIN we see our setup forming with a high probability for a break down. This is not financial advice and the name of the game if high favor probability the trade good be wrong and completely flip.
BTCUSD Potential Breakout Rising Wedge - Simple Line AnalysisBITSTAMP:BTCUSD
(i cant post a chart snapshot bc I'm not paying for Trading View)
This is just a small potential breakout I noticed on the daily chart for BTC. The next 1-3 days will lead to a potential upward breakout to then balance at the top of the white channel, or a breakout that will ignore my trendline and ride above the red line resistance around 103k, or below that at the green line resistance at 99k. Feel free to question what I have lined out.
BTC/USD Tests Support Amid Downside PressureHello,
BITSTAMP:BTCUSD has closed below the 1W/1D Pivot Point (PP), signaling potential for further downside movement. However, the 1M support structure has held firm, causing the price to rebound sharply. For confirmation of continued downside, the price must breach and close below the 1D strong support at 93367.875. If this level holds, there could still be potential for a bullish reversal.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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
btcusdHello, my dear friends! I hope everyone is doing well. My beloved father has passed away, and I kindly request you to remember him in your prayers. After taking a break for some time, I am back to share my Bitcoin analysis today. Please note, this is not financial advice, but rather an idea that I’m sharing. Feel free to incorporate your own opinions.
Currently, BTC/USD is trading in the 109,000 to 104,000 zone, which has been the target area for the market. If the market breaks this range, it could potentially move towards the 159,000 to 149,000 range. However, if the market chooses to retrace from here, it may reverse around the 60,000 level. If the 60,000 level is decisively broken to the downside, the market could target around the 31,000 level.
I have shared my areas of interest; the rest is up to you to identify your points of interest. Thank you, and please remember me in your prayers.
$BTC completed minor Wave 4.* Not financial advice. For educational purposes only.*
Let's go for the next bull run! Blow off top, here we go~
BTC- bearish divergenceBearish divergence on weekly = more downward movement expected. Trade with care.
What if This Bitcoin Scenario Happen ?Lets compare this scenario has lag around 12-14 weeks
With this chart maybe we see more dumping ?
I not spreading fud, but just "some" historical data.
IMO it still can be happen, especially we have around 77k-80k CME gap, yes massive gap
Can it fill it now ? or later ?
If 87k support breakout i think it could happen
But if still hold 87k area i think we create more up movement before dumping and alt season begin
Notes : Based on my related ideas below, FYI China M2 still increasing, I more confident if 2025 run will be led by China
BTCUSD on the Brink: Massive Moves Expected – Are You Ready?Summary :
This analysis examines two ascending wedges visible on the BTCUSD chart—a larger wedge on the weekly timeframe and a smaller wedge on the 4-hour chart. The price has broken out of the smaller wedge and is consolidating above the upper boundary of the larger wedge, which currently acts as support. Projections suggest a short-term decline to $82,000, followed by a rebound to $114,000 in mid-February, and a subsequent decline to $106,000 by the end of March. Key decision points are identified where trendlines for MACD, ATR, and RSI intersect, providing areas to monitor for potential price reversals. Indicators such as RSI divergence, MACD crossings, and increasing ATR signal weakening momentum and heightened volatility. Historical analysis aligns with the expectation of significant price movements between mid-December and mid-January.
Ascending Wedge Patterns
Two ascending wedges are visible:
- The larger ascending wedge is on the weekly timeframe .
- A smaller ascending wedge is present on the 4-hour chart .
The price has broken out of the smaller wedge and is consolidating above the upper boundary of the larger wedge, which serves as support.
There is a possibility of the price falling back into the larger wedge if support weakens.
Price Projections
Short-Term : The price is expected to decline to approximately $82,000 by mid-January .
Medium-Term : A rise to around $114,000 is projected by mid-February .
Long-Term : The price is anticipated to drop to approximately $106,000 by the end of March .
Decision Points
Mid-January : First decision point, suggested by MACD.
Mid-February : Second decision point, aligned with ATR.
Mid-March : Third decision point, indicated by RSI trends.
RSI Divergence
A bearish divergence is observed, where the price forms higher highs while RSI forms lower highs .
This divergence is present on both the daily and weekly timeframes , signaling potential weakening momentum and a possible reversal.
MACD Observations
The MACD line has crossed below the signal line for the second time, reinforcing a bearish sentiment .
ATR Analysis
The ATR (Average True Range) on the weekly timeframe is increasing alongside price action.
This indicates heightened volatility , often preceding significant market moves.
Historical Volatility
Bitcoin historically shows increased volatility between mid-December and mid-January .
This aligns with the current technical setup and suggests the potential for significant price movements during this period.
Sentiment
Short-Term : Neutral to bearish , with a decline to $82,000 expected.
Medium-Term : Bullish , with a rise to $114,000 anticipated.
The overall outlook is mixed, with caution advised around key levels.
DISCLAIMER: THIS ANALYSIS IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE FINANCIAL ADVICE. ALWAYS CONDUCT YOUR OWN RESEARCH BEFORE MAKING TRADING DECISIONS.
