#btc #elliottwave long buy setup wave 5of3 20Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
BEARUSD trade ideas
Bitcoin BUY at 69k to 150kThis is my personal prediction of bitcoin based on level, supply and demand, market structure. Break and retest.
BTCUSD BUY SUPPORT ZONE Here on btcusd price has moved down and is likely to continue going as there is more buyers to push the price so trader should go for long and expect profit target of 106969.96 .Use money management
BITCOIN // Start of the weekly correction?After a nice expansion, Bitcoin has reached the weekly target fibo 300 and the monthly 200.
From this level, the chance of a deep correction is significant.
If the weekly candle closes like this, below the weekly impulse base, the market breaks the weekly structure and enters the correction space of the last weekly impulse.
There may be a correction of the corrective impulse, but chances are high that it will turn below the peak and go south.
There is a clean (not yet tested) H4 breakdown that triggers the longs. Below that, I'll be looking for short trades.
I don't know anything about the fundamentals, though, can anyone enlighten me in the comments?
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We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
BTC - Update After DumpIt seems BTC is forming some sort of parallel channel with a series of higher lows (being supported by the 50 ma on 12H) and a series of higher highs. Therefore, with the recent dump, BTC is still in its uptrend.
But, if we lose the bottom of the channel/50ma on 12H, BTC will start its first major correction of the cycle.
Bitcoin (BTC) - Bearish Short TermBitcoin has formed a Head and Shoulders pattern recently on the 1 hour time frame. This pattern tends to be bearish and could potentially lead to a price drop to the next level of support at: $99,000.
If bulls hold selling pressure, and this pattern does not break, we cannot say that the price is bearish for certain long term. Therefore, we should wait for this pattern to break to confirm a bearish trend. If price doesn't hold above: $99K, then it will continue to the downside of $95K.
Bitcoin ($BTC) Analysis and Strategy#Bitcoin ( CRYPTOCAP:BTC ) Analysis and Strategy
The current market resembles the 2021 bull run, with a consolidation
Phase around 98,000 - 100,000 USDT, signaling a potential breakout.
Support: 94,000 USDT, 90,000 USDT.
Resistance: 100,000 USDT, 108,000 USDT, and 135,000 USDT
Accumulate BTC in the current range, manage risks, and prepare for the next leg up.
Welcome to the Bitcoin Christmas PUMP! BTC 1D MACD Crossover↖️⬆️ Click the 🚀
Welcome to the Bitcoin Christmas PUMP!
₿ ₿ ₿ ₿ ₿ 🚀🚀🚀🚀🧑🏻🎄🧑🏻🎄🧑🏻🎄🎅🎅🎅🧑🏻🎄🧑🏻🎄🧑🏻🎄🚀🚀🚀🚀₿ ₿ ₿ ₿ ₿
The 1D MACD Crossover just signaled on COINBASE:BTCUSD BTC 1 Day candle.
But that's not all. It's the type of crossover. Text book.
RSI just entering 70 area.
The last time the 1D MACD crossover happened, Bitcoin saw a 45% pump.
looks like it should go to just past new year. The big question is does it continue before taking a breather.....?
In fact, when using the last pump as a guide, it falls perfectly in line with the Fib levels and lands right around $150,000. (just my silly extrapolation. I'm sure it's nothing. ;)
BTC Ready for next phaseBTC short term cup and handle targeting 108k breaking major ressistance will put btc in next market phase. as long as 104-106k regin will act as support look for 130-140k
BITCOIN BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
BITCOIN uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 92,876 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the BITCOIN pair.
✅LIKE AND COMMENT MY IDEAS✅
Where do we go from here?If you're looking at this in terms of market cycles in correlation with halvings... These are my opinions in an attempt to pick the top 3 most likely scenarios for the next 12-13 months. Please provide feedback as this is not about ego, it's more of a thought exercise.
The 2 vertical lines are the window/time frame for exiting. The diagonal lines represent the tops of the previous 2 market cycles. Not in any particular order are what I consider the 3 most likely scenarios...
1. The theory of diminishing returns applies. Bitcoin is becoming larger and less volatile. It is possible that this market cycle will not break past the red line projections. If this is true then the next market cycle may see less than 100% return.
Conclusion--market cycle has already peaked.
Projection: bleed-off of BTC price to approximately FWB:73K before starting into the next bull market cycle. Start buying again in about 2 years.
2. Everything the same as 1 except
Conclusion--market cycle has not yet peaked.
Projection: 3-4 months of pain or longer if the bleed is slow. Tops out by the end of next year between $114k and $130k.
3. We are on the verge of government adoption and regulatory clarity in the USA and several other countries.
Conclusion--market cycle has not yet peaked.
Projection: A steep pull back over the next 3-4 months to meet the fast moving average bringing BTC price as low as 80k-75k before violently snapping up as we see the gears of legislation starting to move, breaking the projection from the previous 2 cycles driving BTC price beyond 200k by the end of next year.
But those are just my thoughts. What do you think?
BTC down. Altcoin down!I see BTC falling. RENCO candlesticks confirm it ! The zone where bitcoin can fall $6-13k.
The system tends to equilibrium.
1M BTCUSD: See your ATH in 2025As above.
Don't fight the trend and hysteria cloud your judgement.
Crystal ball says ATH after next halving in 2025 as per usual unless black swan event(s).
Good luck traders!
BITCOIN NEARING 108,100 Hit Only ONE LAST GASP left The chart of bitcoin posted based on all fib relationships within the advance from 15890 is ending a clear and rather clean 5 wave s up To end the Bull market of the last 2 years Timing of golden ratio and spirals called for the last week but there are 3 i.t. spiral due 12/18 to the 21 this is the last of the good news I have taken a long PUTS position in BITI at 60.8 Best of trades WAVETIMER
Softbank $100B AI Investment Promise Heard Worldwide COINBASE:BTCUSD is going bananas today, shortly after Softbank CEO announced $100B AI investment in the United States on stage with American President.
The howling wolf chart pattern shows the excitement exploding as confidence in American economy future success is skyrocketing worldwide.
Good things in store for BINANCE:BTCUSDT beautiful oasis in the world. Have a great day trading the pump.
Remember Habibi, the desert tests your will, not your strength.
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Fear time?! Or Buy more time?!Bitcoin move just like past terms the market need to recover it self it was obvious more pressure to pull up need some rest and range 20 days approximately.
This is my idea this area it not sell area ✅
You can buy step by step which lines i I specified in the chart 🧠
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⚜️Do not regret about psat ,You should learn from past⚜️
BITCOIN Why Do you think I am long PUTS ???The chart from an ELLIOT WAVE Perspective I have now completed 5 of 5 or will need one last pop to 109100 But from a position trade the option are to be placed NOW .I am long In the money PUTS the decline that is about occur should be painful for LONGS in 2025 ,happy holidays WAVETIMER Look at the RSI
Batarang Backfire for BTC!In the shadowy world of crypto, where fortunes are forged and lost in the blink of an eye, Bitcoin finds itself standing on the precarious edge of Gotham’s tallest skyscraper. At $104k, the caped crusader of cryptocurrencies is flying high, but beware—the Batarang is about to backfire. The signals in the market skies hint at the return of the good old Dark Knight Dive. It’s not the fall we fear, but the landing—$90k is where the Batcave awaits.
Much like Gotham’s vigilante, BTC has faced its share of villains—market manipulators, FUD spreaders, and the infamous Penguin of Panic. Yet, this time, the weight of over-leveraged trades and thinning demand may pull it down like a grappling hook tethered to the depths. Altcoins, as Robin to BTC’s Batman, are likely to follow suit, retreating into the shadows as the crypto market takes its breather.
The Joker of volatility might chuckle, but seasoned Gotham traders know: this isn’t defeat. It’s a tactical retreat. The Bat-Signal shines brightest in the darkest hours, and $90k could just be the staging ground for the next heroic climb. Until then, buckle up, citizens of Crypto Gotham—the Dark Knight Dive awaits.
BTC_What do you think ?Is this a giant cup and handle ? If so, so that target is around 120.
The red-trendline, coincides with FIb level, and the vicinity of the cup and handle's target.
This shaded area is very critical.
Do you think the top is near ?
NFA
Cup and Handle in Bitcoin leads to $117,300The sideways to down movement in Bitcoin since Dec 5th when it hit its $104,000 ATH has all been just a 10 day cup and handle that has formed.
The cup depth is about $12000 as measured by the vertical line shown on the chart. I cloned that line and put it at the expected breakout of the handle.
The price target for this cup and handle is $117,300 and it could come later this week as shown by the top of the cloned line and the Elliot Wave projection.
