BTC/USD - Area of High ValueThe last chart still stands, we are in a premium range I do anticipate price doing another retracement before going to $150k TBH MIL:1M bitcoin is the forseeable future. Blackrock are in on this now. We just have to play the ride on the 15M and 1HR. Happy Trading. :)Longby FXCapitalClub0
BTCUSD 5Nov'24 -v- 16Dec'20I see the current pattern formed from March 13, 2024 until today on the daily chart, there are clear similarities with the past pattern formed November 16, 2020 to December 16,2020 on 3H chart. If my projection is correct then at least soon we will see an increase of 27% in one day. by tandrylaksana0
History repeats itselfPay attention to the specified candle, the behavior of the chart before this candle is also strangely similarby Sanjaghak3
BRIEFING Week #49 : Still nothing !Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil27:10by PRO_Indicators3312
Getting a Clearer Picture of Your Trading with Key MetricsWhen we look at our trading results, it’s easy to focus on one number: how much money we made or lost 💰. But that alone doesn’t tell us the full story. By breaking things down into a few basic metrics, we can see what’s really going on and figure out where we need to improve. Start by looking at how many trades you won versus how many you lost. That’s your Winning Trades and Losing Trades count. But counting wins and losses isn’t enough. Check your Total Winning P&L and Total Losing P&L , these show how much money you gained overall on winning trades and how much you lost on losing ones. From there, dig into the details: Average Winning P&L and Average Losing P&L tell you the typical size of your profits and losses, helping you see if your winners generally outpace your losers. Your Win Rate is the percentage of trades that ended up profitable, while your Loss Rate is the percentage that ended in a loss. A high win rate feels good, but it doesn’t mean much if the losses are huge. That’s why the Profit Factor (Reward-to-Risk Ratio) is so important, it compares how much you’ve made on winning trades to how much you’ve lost on losing ones. If you want a quick snapshot of your long-term performance, look at Expectancy , which blends all of this together into the average profit (or loss) you can expect per trade over time. Your Final P&L 💵 shows your bottom line after everything is said and done. It also helps to know how your biggest successes and failures stack up. Look at your Largest Win and Largest Loss to get a feel for how extreme your outliers are. To understand the everyday “feel” of your trading, check out your Median P&L . Unlike an average, the median isn’t thrown off by a few giant wins or losses, so it shows what a typical trade looks like. And finally, the Standard Deviation tells you how much your results vary from one trade to the next. A high standard deviation means your outcomes swing widely, while a lower one points to steadier results📈. By paying attention to all these numbers, you’ll get a clearer idea of what’s really happening under the surface. You’ll spot patterns, find where you can tighten up risk, and understand if you’re making money due to skill or just good luck. In short, these metrics help you trade with your eyes wide open, making it easier to improve over time.Educationby David_SpotTheTrend0
BITCOIN (BTC) PRICE 1,2MI don't race BTC has all the conditions to reach this price It is a process that valuable assets must go through. Longby Anhzen1
BEARISHThere's a fair chance price will flush down to 95,859 an area frequently tested as support and resistance, if we look at that area, it also was recently tested. My bias is that price will find a good support at 95,859 and start reversing for bullish direction. I would expect 200 EMA to touch support, retest and rest below price.Shortby NnadozFX4
WHAT IS THE NEXT MOVE IN BTC AFTER IT HIT $100k?BTC/USD as at Thursday 5th December 2024 made a breaking record as it traded $104k. investors were all excited about the milestone bitcoin has achieved . As a trader, how do we position ourselves to capitalize on this opportunity? From the chart outlook In daily timeframe, I discovered the rising channel movement in daily timeframe and this is a sign for slow in momentum after bitcoin had a major breakout in price prior to US election announcement. We have a level of $105k and $111k as the next target in BTC. We keep a close watch for the next opportunity that’ll come out of this coin. A break above $105 Insight a bullish trend continuation Longby Cartela0
BTCUSD Massive Short! SELL! My dear friends, Please, find my technical outlook for BTCUSD below: The price is coiling around a solid key level - 99601 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 96781 Safe Stop Loss - 10141 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals114
BTCUSD Forecast for 2025In 2021, Bitcoin had a correction in January when it hit the 2x (~$40.000) of the previous ATH (~$20.000), which was at around middle between 1.618 and 2.618 Fibonacci. After that it hit the final cycle top at $64.000 2.618 Fibonacci in April 2021. In 2024, the price action is faster with 1 month. It will reach ~$125.000 (middle of 1.618 and 2.618 Fibonacci) in the end of December or beginning of January and then drop to $100.000 again. After that, it will continue to 2.618 Fibonacci at ~$150.000 in March.Longby lifestylemaniacsrt0
BTC PROJECTION WATCH AND FOLLOW Dear followers and friends, I present to you my view on BTCUSD for your next trading decisions. Either way, we follow what BTC will do next Thank youby Olumine2
BTC TO REACH $108,350BTC is at an ATH, currently hovering at around $100k with a daily candle looking to close above the previous major resistance level of $99,485, turning that key level into a support for the future market. This is an area we should be wary of, considering all factors especially the volatility it will bring with mass liquidation as well as new entry's both short and long. From simple price action analysis there is confluence that the market can continue bullish, coupled with fundamentals revolving around BTC & crypto in general, i would say the market is still bullish. We were always going to see relief periods caused by liquidation and positions being closed & targets being hit so a pull back around $100k was always predictable as it is such an obvious target for traders. Now that the market is looking to close above the key level of $100k it does present certain opportunities. IMO there are multiple factors that point to a pull back to around the $96,755 area. The lower time frames indicate a confirmation in trend change as the 9/21 SMA's have crossed, the market is experiencing relief and the fib shows this level would complete a 61.8% pull back. There is also the possibility of a large amount if liquidity in this real in the form of retail traders stops being placed here from long trades after breaking the $100k level, it is possible the market makers will want to take these out before returning to a bullish state. Therefor if the market does pull back to the $96,755 level and reject the fib / key levels i would look to enter again into BTC for a clear push back through $100k with a target set at $108,350, taking % of profits along the way to reduce risk. Longby h77nry4
BTCUSD buysNear minor H1 trendline support and reaction off a M15 resistance turned support. And possible head and shoulder on M15.Longby Otimothyy1
BITCOIN BEARS ARE STRONG HERE|SHORT Hello, Friends! BITCOIN pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 92,443 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals114
To big exitWhen you think this market cycle will be over for BTCUSD, maybe it will be a nice play to first rotate capital for one last push into ETHUSDby traderc_cam1
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Dec 6, 2024Technical Analysis and Outlook: Bitcoin displayed substantial volatility during this week’s trading sessions, reaching our Mean Support level of 91800 and completing our Inner Coin Rally of 103600. Currently, the threshold for Bitcoin is established at Mean Support 96000, with the completion of the Inner Coin Rally 103600 now noted. Recent analyses indicate that the cryptocurrency will likely surpass the completed Inner Coin Rally 103600, which may rekindle its upward trajectory towards the anticipated Outer #1 Coin Rally 110000 and beyond. The possible pullback to Mean Support 96000 will effectively position the market for the next phase of a bullish trend.by TradeSelecter3
Bitcoin I know it is crazy but it can happen we have 3 levels 75k is the first 61k is the second and 33k is the final dip level for this bull run bottom it sounds crazy I know my levels I am not saying I will hold my short till 33k I will manage my risk and I am also not going with my stop loss I will add mu hedges what i am doing i know just be careful buyers Shortby DMBazaar7
Log transforms of BTC ATH data Predicts ATH 108k-113kChatGPT assisted Log transforms using ATH price suggest next ATH will be 113k. ChatGPT assisted Log transforms using %increase between ATH predict 108k. Yea, its Chat GPT. I'm too tired to do it by hand myself. by jgj50494
Long term BTC cycle timings, estimate 2024 cycle ATH Based on previous bull cycle timings, 2024 ATH should be around September - November 2025. If you reference my other chart BTC-4-month-outlook-for-december-2024-expecting-118-120k, it suggest cup and handle closes mid summer 2025. Given the timing data here, the cup and handle chart has flaws in that 1) price may rise significantly higher than the predicted 120k, or it may take significantly longer to reach 120k. by jgj50491
BTC 4 month outlook for december 2024, expecting ~ 118-120k Multi-year chart has classic cup and handle. Target looks to be about 120k, but safe trade is to take profit around 118k. I expect other traders to try and take profit before 120k, so may hit significant sell pressure anywhere after 115k. Longby jgj50492
BITCOIN, next move into classic Wycoff or will the bubble burst?The Market Monkey Team takes a look at BITCOIN for December 6-7 2024. The strong bullish breakout for #BITCOIN breaking through the $100 000 suggests some more bullishness in the short term, but likely to go into longer term distribution and selling in 2025. Watch video to view our analysis of #BITCOIN Cheers MM Team - Money see, money do Short02:37by Market_Monkey_AU6
1-8 week outlook for bitcoin.Elliot impulse wave overlayed short term BTC chart. Expecting a dip to 90k, which may be entry point for trade up to 118-120k, where long term cup and handle completes. Longby jgj50490
BTC forecasting growth, 200K - 300Kfrom the last 3 bear market BTC dropped 80-70% from ATH and growth 2-3X from last ATH. The prediction is BTC can go up to 200K - 300KLongby KW7774