Bitcoin Aliens and the Lunar HeistThey are here and taking bitcoin to new heights, but not before a few cosmic tricks.Longby shenanigansUpdated 222
BTC Meets First Major Test at 1.61 Extension. Firstly, apologies for lack of updates here of late. I've been side-tracked with real world events with limited time available to do online stuff. I have to admit I also find it rather disheartening when you post on TradingView 1/3 of comments tell you not to be a trader, another 1/3 tell you not have to have a view. Then there are a few good ones and the ChatGPT bots posting summaries of your OP. I'd like it more if we could focus on trading discussions. Call me old fashioned. Anyway ... BTC has reached the 1.61 extension of the previous big drop. This is a pivotal point in the decision as to whether this is a true breakout or not. I find most reactions from 1.61s in this type of setup will fall into one of three categories; False breakout (1.61 head fake) = Doom. 1.61 to 1.27 pullback = Bullish pattern but 25% drop first. 1.61 break = Moon. Usually see 2.61 which would be 40% rally. 2/3 of these setups give a drop of 25% or more. The 1.61 clean breakout I'd consider to be less likely in this setup since most of the time when we're going to have a clean 1.61 break we have a 1.27 pullback. Marked in purple is what I'd expect to see in a pending 1.61 break. The 1.27 hitting, there then being the classic retest of the broken high and then the run at 1.61. snapshot When this happens, my bias always skews a bit more towards the 1.61 breaking. Another thing I tend to see when a 1.61 is going to break is there's a near miss of the 1.61 before the break. snapshot My rule to remember this is; "When we're going to break a 1.61, the market does things to make it feel like it will not break. The traps and false starts. In the times we're going to hold, the market does things that make it look like it has to break (slamming right into the level with velocity). Given that I put the generic odds at 2/3 we see a drop of over 20% and I also think when we use filters the odds of the clean breakout are lowered by the factors mentioned - and since the trade pays 300 - 400% of what it risks at this level, it's a no brainer for me to try to fade here. Look for the fade around 100K. If we trade 75% be proactive in locking in profits. And if 127 break then we might see complete failure of the uptrend. This is the current plan. Valid while we're unable to break the 1.61 resistance (Quick quit if we do break, because I consider one of the known outcomes of this to be a clean 40% rally). Bias and plans re-assessed if we trade 80K. At that point we have a big pending support. by holeyprofitUpdated 191914
BTC vs. Others - Altcoin Season About To Go CRAZY The chart above is labelled and pretty self explanitory... I think we're right on the edge of things going absolutely parabolic - more than we even expect. Feel free to drop your comments and thoughts below! Happy trading guys! LET'S GET IT! LOCK IN. GLongby garethwallsnew4421
Long trade 30min TF Entry Buyside trade Thu 5th Dec 24 6.00 pm NY to Tokyo Session PM Entry 95900.23 Profit level 103214.31 (7.63%) Stop level 95714.89 (0.19%) RR 39.46 Reason: I initially anticipated that the Bitcoin would reach 100,000 on my previous buy-side trade attempt on December 4, 2024 (PM), but I was stopped out. However, observing Bitcoin’s strong momentum and breaking through the 100,000 barrier at this time gave me the conviction to enter another buy-side trade.Longby davidjulien369Updated 0
IS BUYING BITCOIN STILL A GOOD MOVE RIGHT NOW?We all are witnessing a dirty market manipulation happenned yesterday, when Bitcoin price went down more than 10% in one swing and bounce back immediately. It is a dirty force to liquidate all retail trader, especially those using margin. I just want to share.. 90% of this incident will be followed by a massive move to the upside. ARE YOU DARE TO RE-ENTER? CHEERSSS...!!!Longby steveivan0
BTC SELL TO 75k*I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed. Take nice position and hold until 75k, stop loss above level of structure ( above resistance). Shortby l2xinvestors113
BTC Under $100k, Where Do I Buy?Hello Friends, For those of you looking to capitalize on Bitcoin BINANCE:BTCUSD you may want to add to your position, or start accumulating for the first time. While we are currently in consolidation under $100,000 USD, note the current Dealing Range we are in (chart). Below that Fib 50% Dealing Range, we can look for Buys. I also want us to consider the possibility of losing that +OB (Bullish Orderblock), we can expect lower prices - based on Daily/ Weekly chart. Should that occur - Start looking to accumulate/ Buy sub $86,760. My ideal entry will be at $85,158.42 Check out this link for my BTC Exit Strategy: Longby WolfAdamsUpdated 221
Wallpaper Bitcoin Bullmarket 2024. Here's a wallpaper for you to print out and hang above your bed, doubling as a piece of art and guaranteeing a good night's sleep. Bull market 2024. I have mentioned this idea previously beginning 2023 and was first mentioned here: www.tradingview.com I nailed my prediction on April 15th on another platform, which I can't mention, when Bitcoin was trading at $66,762, at which point I exclaimed: "weekly chart keeps saying no to $69,000 for five weeks now. The daily chart is struggling with its important $62,300 support, and it's starting to look weak. I think we're heading down again to $56,868". Pretty accurate, huh? :) BITSTAMP:BTCUSD 114k next. Longby joerivdpolUpdated 111
BTC - Wave Structure Research 2Dec 5 (Reuters) - U.S. President-elect Donald Trump on Thursday said he was appointing former PayPal (PYPL.O), opens new tab Chief Operating Officer David Sacks as his "White House A.I. & Crypto Czar," another step towards overhauling U.S. policy. "He will work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S.," Trump said in a post on his social-media site Truth Social, without saying whether "czar" was an official title. Bla bla blaLongby POWERFUL_TRADERS0
BTC - Wave Structure Research 1Bitcoin / Tether In crypto trading, the Bitcoin / Tether (BTC/USDT) trading pair is the most popular. That's not surprising, given that Bitcoin is the first and largest cryptocurrency, and USDT is the largest stablecoin whose value is pegged to the US dollar. Bla bla blaLongby POWERFUL_TRADERS0
Scenario BTC 6.12.There are two main scenarios: either the support at 0.786 breaks through and we go for another ATH, or the support holds and we can watch for a possible correction. If that happens, we can test the levels somewhere around the previous low and if the trendline breaks, we can test the levels around 87k, but we are currently waiting for further signals.by Sony971
BTCUSD Bitcoin (BTC) trades slightly down at around $67,500 on Friday after finding support around the $66,000 level on Wednesday, following three consecutive days of decline earlier in the week. While prices are down around 2% this week until Friday, the technical outlook suggests a bullish bias for BTC, projecting a new all-time high of $78,900 in the short-termThis bullish outlook is further supported by the rising institutional demand via ETFs, which recorded inflows of more than $500 million this week. Some analysts suggest that the upcoming US presidential election on November 5 will be one of the main drivers for crypto markets in the short term, while others highlight that institutional investors’ rise in digital assets could fuel the rise in Bitcoin prices.On Tuesday, Bitcoin stabilized at around $67,000 as Institutional demand for Bitcoin declined slightly. According to Coinglass ETF data, ETFs experienced a minor outflow of $87.90 million, ending a streak of seven consecutive days of inflowsby KingForex078Updated 3
BTC Closes In On Equilibrium Before Exploding To $237kBTC continues to push towards the Long Term Channel Equilibrium, sitting at around $114,000. Break of this equilibrium will lead to a push towards £237kLongby Who-Is-Caerus2
BTC may undergo a correction in the next 1-2 weeksIn the medium term, BTC may undergo a correction in the next 1-2 weeks to complete the 4th wave if the previous wave was an extension. If it has already ended, it will follow an ABC pattern. by Henrybillion3
Bears vs Bulls Bitcoin 15m time fram Currently on the 5m time frame a double top has hit. In addition, a number of resistors have been tested. Either we continue our way up or we fall out of the trend and then we look for a 50% correction. Expect more clarity within a few hours. Shortby RidgerR1
BTC upcoming correction?i will be expecting BTC correction possible zigzag pattern or triangle pattern.. alts my encounter bleeding too. since macro dominace will bounce.. good time to buy alts if this activatedShortby Centillion0304113
BTCUSD Fundamental FactorsAbsolutely! Here's a breakdown of the fundamental factors that influence the price of BTCUSD: 1. Network Fundamentals: Hash Rate: This measures the computing power used to secure the Bitcoin network. A higher hash rate generally indicates a more secure and resilient network. Difficulty: This adjusts the mining difficulty to maintain a consistent block generation time. Increasing difficulty can suggest growing network security. Transaction Volume: Higher transaction volume signals increased demand and adoption for Bitcoin. 2. Macroeconomic Factors: Inflation: High inflation can drive investors towards Bitcoin as a potential hedge against currency devaluation. Interest Rates: Rising interest rates can reduce the appeal of riskier assets like Bitcoin. Economic Uncertainty: In times of economic turmoil, Bitcoin can be seen as a safe-haven asset. 3. Regulatory Environment: Government Regulations: Positive regulatory developments can increase institutional investor confidence and adoption. Conversely, negative regulations can dampen market sentiment. Legal Status: The legal status of Bitcoin in different countries can impact its accessibility and usability. 4. Market Sentiment and Investor Behavior: Media Coverage: Positive media coverage can fuel investor interest and drive demand. Institutional Adoption: Increased adoption by institutional investors like hedge funds and corporations can legitimize Bitcoin and boost its price. Retail Investor Demand: Retail investor sentiment and buying/selling activity can significantly impact short-term price fluctuations. 5. Technological Developments: Network Upgrades: Upgrades to the Bitcoin network, such as the Lightning Network, can improve scalability and transaction speed. New Use Cases: The emergence of new use cases for Bitcoin, like decentralized finance (DeFi) or tokenization, can drive demand. Important Considerations: Market Volatility: Bitcoin is known for its high volatility, making it a risky investment. Lack of Intrinsic Value: Unlike traditional assets, Bitcoin doesn't have intrinsic value. Its value is derived from its network and perceived utility. Long-Term Perspective: Fundamental analysis is more relevant for long-term investment strategies rather than short-term trading. For a more in-depth analysis, consider checking out these resources: River Financial's Guide to Bitcoin Fundamental Analysis: river.com Bitcoin (BTC) News, Analysis and Forecast - FXStreet: www.binance.com Let me know if you have any other questions!by ITManager_US0
BTC MIGHT DROP TO $64,000This was a rather sobering realization. Obviously not a certainty, its probably just as likely we go to $130,000 from here after that flash crash. Buuuuuutttt the euphoria right now is, lets say, high. And ive felt this before. this is the party right before the cops show up. BTC $64,000 early january 2025 Something over $500,000 by late spring early summer 2025 and then its over folksShortby AnalysisParalysis0
Bitcoin Going to Zero ? The End of Bitcoin ?Before you all feel any trauma or alarm from the title, I urge you to stay calm and read this idea carefully to understand the broader perspective. History of Bitcoin: The Rise of Decentralization Bitcoin's journey began in 2008, when an anonymous figure under the pseudonym Satoshi Nakamoto introduced it through a white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System. Nakamoto’s vision was to create a decentralized currency, free from government or central bank control, using blockchain technology. The first block, called the genesis block, was mined in January 2009, marking the birth of Bitcoin. Despite Nakamoto's critical role in Bitcoin's inception, his true identity remains a mystery, leading to much speculation over the years. Some have theorized that he could be a single individual, while others suggest that Nakamoto could be a group of people or even a government agency. After releasing the software and participating in the early days of the network, Nakamoto gradually withdrew from public involvement, leaving the Bitcoin community to grow independently. This disappearance into the shadows has only added to the intrigue and mystique surrounding the cryptocurrency's origins. While Nakamoto remains a key figure in Bitcoin's history, he has remained silent since 2011, with no clear explanation as to why he stepped back. 1. BIS: The Puppet Master of Global Finance The Bank for International Settlements (BIS) is often referred to as the "central bank of central banks" due to its unique role in fostering international monetary and financial cooperation. Established in 1930, it serves as an umbrella organization for central banks worldwide, providing a platform for collaboration and offering banking services to them. The BIS is headquartered in Basel, Switzerland, and its primary objectives are to promote financial stability, monitor economic trends, and facilitate communication between global central banks, such as the Federal Reserve, European Central Bank, and others. Over time, the BIS has played a crucial role in shaping global monetary policies, overseeing financial markets, and fostering agreements between the world's leading financial institutions. It is instrumental in setting regulatory standards and guidelines that many countries' central banks follow. This level of control and influence positions the BIS at the centre of international financial governance, which is critical when discussing the future of currencies, including Bitcoin and the potential shift to Central Bank Digital Currencies (CBDCs). As a body that influences the direction of global banking, the BIS has been actively involved in discussing and exploring the future of digital currencies. Given the growing interest in decentralized cryptocurrencies, such as Bitcoin, the BIS has expressed concerns over the stability of decentralized systems and has advocated for centralized digital currencies to ensure that monetary policy can remain under control, furthering the possibility of a CBDC rollout in the future. 3. Why Bitcoin’s Fall to Zero Could Be a Strategic Move Now, with global economies struggling under record-high debt levels, central banks might see Bitcoin as a bubble ready to pop. The BIS could leverage its influence to push for a CBDC revolution, positioning these centralized digital currencies as “safer” and more reliable alternatives to Bitcoin. By orchestrating a dramatic collapse in Bitcoin, the narrative could shift, convincing the public that decentralized currencies are unstable and unsustainable. CBDCs are fundamentally different from Bitcoin: - Fully controlled by central banks. - Allow tracking and surveillance of every transaction. - Provide central banks the ability to impose negative interest rates or freeze funds. This shift would mark a return to centralized control, with individuals losing the financial freedom Bitcoin promised. 4. Was This the Plan All Along? It’s not far-fetched to believe that Bitcoin’s rise and fall have been part of a larger test. During the pandemic, Bitcoin surged on the back of mass media promotions and institutional FOMO. Billionaires like Elon Musk promoted Dogecoin and Bitcoin, fuelling speculative buying. Yet, when the dust settled, the same institutions that promoted Bitcoin quietly accumulated it during crashes. With Bitcoin at $100,000 now, the euphoric belief in its unstoppable rise mirrors past market bubbles. Could this be the final phase of Bitcoin’s journey before an engineered collapse leads to the introduction of CBDCs as the “solution”? 5. What’s Next? If Bitcoin does crash to zero, it will be a defining moment for cryptocurrencies and global finance. CBDCs would emerge as the dominant narrative, backed by the BIS and central banks, with promises of stability, security, and control. However, it would come at the cost of financial freedom and decentralization. Disclaimer: The post explores possibilities based on historical trends, institutional behaviours, and emerging global financial strategies. While I am not claiming that Bitcoin will inevitably fall to zero, we cannot ignore the potential for this to occur, especially as major players like the Bank for International Settlements (BIS) push for a centralized currency system under the guise of Central Bank Digital Currencies (CBDCs). The BIS, as the central bank of central banks, is focused on pushing for a centralized, controlled financial system, and this has implications for decentralized systems like Bitcoin. They are aiming to promote their agenda of centralization, and in doing so, they seek to control the masses through monetary power, which is in direct opposition to the fundamental principles behind Bitcoin’s decentralized nature. This is not final financial advice, nor am I claiming Bitcoin will necessarily collapse to zero. However, the possibility cannot be ignored, especially when considering the global financial forces at play. I urge you to think critically and keep an open mind regarding these dynamics. What we are witnessing may just be the beginning of a new chapter in the future of money and its control. Let’s keep a close eye on how this unfolds. What Do You Think? Could Bitcoin's journey be part of a larger plan to usher in CBDCs? Are we witnessing the twilight of decentralized finance? Share your thoughts and perspectives below, and share this to make people aware :)Shortby GannAstroTrader14714777
Could Bitcoin Fall to Zero ? A Closer Look at CBDCs.Bitcoin's journey began in 2008, when an anonymous figure under the pseudonym Satoshi Nakamoto introduced it through a white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System. Nakamoto’s vision was to create a decentralized currency, free from government or central bank control, using blockchain technology. The first block, called the genesis block, was mined in January 2009, marking the birth of Bitcoin. Despite Nakamoto's critical role in Bitcoin's inception, his true identity remains a mystery, leading to much speculation over the years. Some have theorized that he could be a single individual, while others suggest that Nakamoto could be a group of people or even a government agency. After releasing the software and participating in the early days of the network, Nakamoto gradually withdrew from public involvement, leaving the Bitcoin community to grow independently. This disappearance into the shadows has only added to the intrigue and mystique surrounding the cryptocurrency's origins. While Nakamoto remains a key figure in Bitcoin's history, he has remained silent since 2011, with no clear explanation as to why he stepped back. 1. BIS: The Puppet Master of Global Finance The Bank for International Settlements (BIS) is often referred to as the "central bank of central banks" due to its unique role in fostering international monetary and financial cooperation. Established in 1930, it serves as an umbrella organization for central banks worldwide, providing a platform for collaboration and offering banking services to them. The BIS is headquartered in Basel, Switzerland, and its primary objectives are to promote financial stability, monitor economic trends, and facilitate communication between global central banks, such as the Federal Reserve, European Central Bank, and others. Over time, the BIS has played a crucial role in shaping global monetary policies, overseeing financial markets, and fostering agreements between the world's leading financial institutions. It is instrumental in setting regulatory standards and guidelines that many countries' central banks follow. This level of control and influence positions the BIS at the centre of international financial governance, which is critical when discussing the future of currencies, including Bitcoin and the potential shift to Central Bank Digital Currencies (CBDCs). As a body that influences the direction of global banking, the BIS has been actively involved in discussing and exploring the future of digital currencies. Given the growing interest in decentralized cryptocurrencies, such as Bitcoin, the BIS has expressed concerns over the stability of decentralized systems and has advocated for centralized digital currencies to ensure that monetary policy can remain under control, furthering the possibility of a CBDC rollout in the future. 3. Why Bitcoin’s Fall to Zero Could Be a Strategic Move Now, with global economies struggling under record-high debt levels, central banks might see Bitcoin as a bubble ready to pop. The BIS could leverage its influence to push for a CBDC revolution, positioning these centralized digital currencies as “safer” and more reliable alternatives to Bitcoin. By orchestrating a dramatic collapse in Bitcoin, the narrative could shift, convincing the public that decentralized currencies are unstable and unsustainable. CBDCs are fundamentally different from Bitcoin: - Fully controlled by central banks. - Allow tracking and surveillance of every transaction. - Provide central banks the ability to impose negative interest rates or freeze funds. This shift would mark a return to centralized control, with individuals losing the financial freedom Bitcoin promised. 4. Was This the Plan All Along? It’s not far-fetched to believe that Bitcoin’s rise and fall have been part of a larger test. During the pandemic, Bitcoin surged on the back of mass media promotions and institutional FOMO. Billionaires like Elon Musk promoted Dogecoin and Bitcoin, fuelling speculative buying. Yet, when the dust settled, the same institutions that promoted Bitcoin quietly accumulated it during crashes. With Bitcoin at $100,000 now, the euphoric belief in its unstoppable rise mirrors past market bubbles. Could this be the final phase of Bitcoin’s journey before an engineered collapse leads to the introduction of CBDCs as the “solution”? 5. What’s Next? If Bitcoin does crash to zero, it will be a defining moment for cryptocurrencies and global finance. CBDCs would emerge as the dominant narrative, backed by the BIS and central banks, with promises of stability, security, and control. However, it would come at the cost of financial freedom and decentralization. Disclaimer: The post explores possibilities based on historical trends, institutional behaviours, and emerging global financial strategies. While I am not claiming that Bitcoin will inevitably fall to zero, we cannot ignore the potential for this to occur, especially as major players like the Bank for International Settlements (BIS) push for a centralized currency system under the guise of Central Bank Digital Currencies (CBDCs). The BIS, as the central bank of central banks, is focused on pushing for a centralized, controlled financial system, and this has implications for decentralized systems like Bitcoin. They are aiming to promote their agenda of centralization, and in doing so, they seek to control the masses through monetary power, which is in direct opposition to the fundamental principles behind Bitcoin’s decentralized nature. This is not final financial advice, nor am I claiming Bitcoin will necessarily collapse to zero. However, the possibility cannot be ignored, especially when considering the global financial forces at play. I urge you to think critically and keep an open mind regarding these dynamics. What we are witnessing may just be the beginning of a new chapter in the future of money and its control. Let’s keep a close eye on how this unfolds. What Do You Think? Could Bitcoin's journey be part of a larger plan to usher in CBDCs? Are we witnessing the twilight of decentralized finance? Share your thoughts and perspectives below, and share this to make people aware :)Shortby GannAstroTrader2210
BTC Price Out Look To Long TermHi Dear Traders Forecast of BTC Check and share your Idea. BTC Is Currently In correction phase is Buy Side long term Movement So here price will go up to Buy Side here is BTC Structure. Key Points Current Price 99,000 Resistance Zone 103,600 Support Zone 96,500 You may find more details in the chart. PLZ Support with like and comments if you find this analysis useful for your Trading day.Longby ALLEYPROFESSIONALS3
BTCUSDBitcoin has increased 20 times in 399 days since Trump was elected in 2016 As a result, the price of Bitcoin may rise above $500,000 between now and a year from now! This analysis helps to save profits and exit time from the market... Risk warning and disclaimer...!by TargetFinance2
BITCOIN Holding the level - 98000Let's not discard the rally just yet. I see the buyers are still present but the overhead supply is a matter of concern. So, here is my view: Support level - 98000 As long as the price does not close below 97500 on the hourly chart, this is still a buyers' controlled setup. Supply zone - All time high is the only and a very strong rejection zone. BTC will find it very hard to hold and break above ATH. So I am not very convinced about the upside momentum. Possibility: BTC could slowly further move up here and should form a base. The consolidation around the drawn levels could be a nice place to play long or wait for the base breakout above ATH. This is not a recommendation. by NandanChaturvediTrade0