#btc #elliottwave short sell setup wave 2/a 14Dec24This 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.
BTCUSD.P trade ideas
BTCUSD Weekly, Basic TA Cycle Expectation If BTCUSD can repeat equivalent returns to the previous cycle we could see upwards of 200K in 2025-2026. With countries and corporations leading the charge who really knows what this cycle could bring.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Dec13, 2024Technical Analysis and Outlook:
Bitcoin's repeated pullback in this week's trading session by upholding firmly at the Mean Sup 96000 price level within the completion of the Inner Coin Rally 103600 is now noted. Recent analyses indicate that the cryptocurrency will likely retest the completed Inner Coin Rally 103600 by navigating the weak Mean Resistance 102300. This movement is anticipated to revitalize its upward trajectory toward the projected Outer #1 Coin Rally 110000 and beyond. Furthermore, a potential decline to the Mean Support 97000 would prepare the market for the subsequent phase of a bullish trend.
BTCUSD will be fall soonHello Traders and investor
BTCUSD can fall to 95.000
It's support will be 104.000
Current price 100.952
His first tp will be 99.000 I have placed
The remaining targets in detail in the chart
BTC 115k By EOYMost of the bullet points are in the chart. If all we do is hold this channel we will hit 115k by eoy. If we get good news out of Microsoft this Tuesday 125k+ wouldn't surprise me. Wont be long before the longer timeframe moving averages will cross the 100k level which will hopefully be giving us support. Happy Sunday!
SHORT TERM 103-105KBullish ascending channel
Tea Cup pattern which we are on top of the handle
All seen within the Daily and 4H, which we are still overbought on the weekly.
RSI showing bullish trends
BITCOIN PRICE FORCASTHello dear traders check my bitcoin chart and share your ideas about it .
Bitcoin currently running in bullish side from long term so here price move again to bullish area I have declared in my chart and shared my personal opinions .
Key highlights ;
Current price; 94.600
Resistance zone ; 93.300
Liquidity buy ; 97.840
Please like ,comment and follow if you find this signal useful must share your feedback .
BTC Prediction....1 Hour Traditional-PBT. Self -taught strategy putting it into action and developing it more and more as I learn from the markets of BTC.
BTC is consolidating. Trading inside the channel Bitcoin maintains an upward market structure even after the shakeout. Buyers are aggressively protecting all risk areas that could panic the market.
On the daily timeframe, the price is holding steady above the local lows, forming a cascade indicating an uptrend
Scenario: Since bitcoin is trading inside the consolidation, we can take it as a fact that the most chaotic movements and traps will be inside the channel. Accordingly, trading is allowed only within the boundaries of such a channel. In our case, there are no signals to break the channel boundary, so we can trade a false breakout.
Since the support was tested earlier, the market is currently interested in liquidity beyond the 100K level
Idea: I am waiting for a sharp approach to resistance, a false breakout and a fall to support
BTC Short-term Pullback or 20% Market Correction?We see BTC buyers exhaust themselves, as RSI momentum lose traction. The question now is whether, this is a short term pullback before retracing to near 100k or is this a significant correction to 80k territory before lifting off again?
My view is short term bearish, longer term to be decided later.
Destination known 111KConfirmed: As I mentioned in another post, we have now crossed the resistance of the symmetrical triangle, indicating a potential move towards 111K and breaking the possible downtrend.
At the end doesn't make any sense wait for a downtrend when everybody is moving to bitcoin(not now).
BTC up to $250K - Remarkably Accurate Projection 2022/25Initial projection from December 12, 2022, ➡️ ⬅️
When the price was at $17K, aimed to predict the bottom of the cycle, but primarily to predict Bitcoin's next all-time high and its timing.
This projection has been spot on!!!
The two-year forecast has proven to be exceptionally and remarkably accurate, demonstrating high credibility.
The analysis employed a multifaceted approach, including these key factors:
- Projected symmetrical parallel channel for price forecasting
- Volume Price Range (VPR) for identifying Points of Interest (POIs)
- Price range (PR) tool, to project the peak from the hypothetical bottom
- Measurement of days between halving events and peaks
- Measurement of days between peaks
- The symmetrical parallel channel , ( Green and Red lines ) derived from previous highs and lows, linking them enabled the projection of a clear symmetrical parallel channel into the future, this channel has proven to be highly predictive of price movements, whenever the price reached the channel's boundaries, it consistently signaled reversals or marked the cyclical highs and lows.
As shown by the three green arrows, the price consistently reversed direction upon reaching the lower boundary of the channel.
The orange arrow points to the most recent bottom, the initial analysis predicted that the bottom would be reached only in January 2023, with a price somewhere between $10K and $12K, which did not materialize, in fact, the bottom was reached in December 2022 a month early, with the price hitting a low of $15K, a slight deviation from the projection."
- Volume Price Range (VPR) ( Combined yellow and blue bar projection ) was employed to identify Points of Interest (POIs) by connecting reversal bottoms to peaks, then red rectangles were projected on the chart to align with these bottoms, indicating potential reversal zones for BTC.
Both projections (Red Rectangles ) accurately predicted a reversal in this zone, whatever in the recent bearish cycle, the exact reversal point was slightly higher than anticipated
VPR indicators remain a valuable tool for forecasting future price movements and identifying key areas of interest, and have proven to be reliable tools for identifying potential reversal zones.
- Price range (PR) tool ( Parallel channel with a white upward projection arrow ), was applied to projected from the December 2022 bottom until it intersected with the upper band ( Red line ) of the symmetrical channel, a level that historically coincided with cycle peaks.
- Measurement of days between halving events and peaks:
2nd Halving on July 2016 to Peak December 2017 +/- 500 days
3rd Halving on May 2020 to Peak November 2021 +/- 500 days
4th Halving on April 2024 to Peak October 2025 +/- 500 days ➡️ Projection ⬅️
The measurement of days between halving events and peaks for the 2nd and 3rd cycles was approximately 500 days, based on the results of the two previous cycles, we observe a potential temporal pattern and correlation between halving events and price peaks.
This correlation is reinforced by our projection, we forecast the peak of the 4th cycle to be around October 2025, occurring roughly 500 days after the halving (16-17 Months ).
Measurement of days between peaks we started by measuring from the December 2017 peak to the November 2021 peak and found that it took 47 months (approximately 1430 days) to reach a new peak, with a price increase of 250%
We then measured the duration from the latest BTC peak in November 2021 to October 2025 which was the month that coincided with our projection of a new peak.
Remarkably, we discovered that this period was identical to the previous cycle at exactly 47 months.
Intrigued and Astonished, we decided to copy and paste the measurements ( Blue Rectangle ) from the previous cycle and were stunned, the range was exactly the same 47 months and approximately 130 days.
And when we thought nothing could surprise us more, to our further amazement, the price increase was a striking 250% the same as before. This uncanny correlation is truly astonishing. What a heel, what is this?
CONCLUSION
The remarkable accuracy of the December 12, 2022 projection underscores the robustness and reliability of the multifaceted analytical approach employed. Multiple coinciding patterns and consistent correlations have converged to validate the forecast, enhancing its credibility significantly.
Symmetrical Parallel Channel: The use of green and red lines to establish a symmetrical parallel channel accurately anticipated price reversals at the channel boundaries. The consistent directional changes upon reaching these boundaries highlight the channel’s effectiveness in signaling cyclical highs and lows.
Volume Price Range (VPR): [ By identifying Points of Interest (POIs) through the combination of yellow and blue bars, the VPR method successfully pinpointed reversal zones. The alignment of red rectangles with these zones accurately forecasted price reversals, reinforcing the tool’s reliability in predicting key market movements.
Price Range (PR) Tool: The projection of the peak from the hypothetical bottom using the PR tool intersected precisely with the upper band of the symmetrical channel. This intersection historically aligns with cycle peaks, further validating the projection model.
Halving Events and Peak Correlation: The consistent interval of approximately 500 days between halving events and subsequent peaks across multiple cycles reveals a strong temporal pattern. Projecting this correlation forward suggests a peak around October 2025, maintaining the established 16-17 month post-halving window.
Measurement of Days Between Peaks: The identical duration of 47 months (approximately 1430 days) between consecutive peaks, along with a consistent 250% price increase, showcases a compelling cyclical pattern. The replication of these measurements in the current cycle with precise alignment adds to the projection’s accuracy.
The convergence of these diverse analytical methods each independently demonstrating high predictive accuracy creates a compelling case for the projection’s validity. The alignment of historical patterns, consistent temporal correlations, and the successful anticipation of recent market movements collectively inspire strong confidence in the forecast.
Projection: Given the synchronized alignment of these multiple indicators and patterns, it is highly plausible that Bitcoin (BTC) will reach approximately $250K by October 2025. This projection not only aligns with historical trends but also exemplifies the power of comprehensive, multifaceted analysis in accurately forecasting cryptocurrency market movements.
Breaking: Riot Platforms' $500M BTC Buy Sparks Rally to $101KIn a landmark move, Bitcoin mining giant Riot Platforms has catalyzed a fresh surge in Bitcoin’s price by purchasing over $500 million worth of CRYPTOCAP:BTC within two days. This acquisition underscores the growing trend of institutional Bitcoin adoption, as more firms strategically bolster their reserves to capitalize on the cryptocurrency’s potential.
Riot’s Bold Bet on Bitcoin
Between December 10 and 12, Riot Platforms acquired 5,117 BTC at an average price of $99,669 per coin. This significant purchase was funded through the proceeds of a $525 million convertible bond offering. With this addition, Riot’s total Bitcoin holdings have soared to 16,728 BTC, valued at approximately $1.68 billion at current market prices.
This purchase aligns with Riot’s broader strategy to lead the institutional charge into Bitcoin accumulation, a move reminiscent of MicroStrategy’s long-term commitment to $BTC. Riot’s CEO, Jason Les, emphasized that this initiative bolsters their position as a key player in the Bitcoin ecosystem while highlighting its strategic importance in managing long-term value.
Wall Street’s Quiet Bitcoin Race
Riot Platforms isn’t alone in this institutional push. MARA Holdings recently invested $1.1 billion to acquire 11,774 BTC, while Australia’s AMP Pension Fund allocated $27 million to Bitcoin as part of its diversified portfolio strategy. These moves signal a subtle competition among institutions to secure Bitcoin, further solidifying its position as a hedge and a valuable reserve asset.
Even at the state level, Bitcoin is gaining traction. In Texas, a proposed bill to establish a Bitcoin reserve could pave the way for government-backed cryptocurrency holdings, potentially reshaping fiscal strategies in the U.S.
Technical Analysis
At the time of writing, CRYPTOCAP:BTC is trading at $101,000, up 1.49% over the past 24 hours. The technical indicators suggest room for further growth:
- Relative Strength Index (RSI): At 58, the RSI indicates a balanced market, with CRYPTOCAP:BTC neither overbought nor oversold, signaling potential for further upward movement.
- Moving Averages: Bitcoin is trading above key moving averages, reinforcing its bullish momentum.
- Support Levels: In the event of a correction, the 65% Fibonacci retracement level provides a critical support zone, offering stability for further consolidation.
Fundamental Impact
This aggressive Bitcoin acquisition by Riot and other firms reflects a paradigm shift in institutional attitudes toward Bitcoin. Riot’s purchase highlights confidence in Bitcoin’s long-term value and its ability to serve as a hedge against economic uncertainties.
As more firms follow suit, Bitcoin’s status as a mainstream financial asset continues to strengthen. With the $101,000 milestone reclaimed, the question remains: can Bitcoin maintain its momentum and push toward new highs?
Conclusion
Riot Platforms’ latest acquisition not only reinforces Bitcoin’s narrative as “digital gold” but also showcases the rising institutional interest that underpins its price trajectory. With technical indicators favoring further gains and institutional players driving demand, CRYPTOCAP:BTC is poised for an exciting phase in its journey to redefine the financial landscape.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your research before making investment decisions.
BTCUSDT SHORTBtcuadt my idea short term bear market. Technically bear fundamentally no idea.
My Profit Target 83k$ BTC long term
Short term 91k$ BTC
BTCUSD Correction may Continue Bitcoin briefly dipped below $94,000 earlier this week but recovered strongly, stabilizing around the $100,000 mark by Friday.
Despite these mixed sentiments this week, institutional demand remained strong, adding $1.72 billion until Thursday.
Bla bla bla!
The COO of Indian crypto exchange Giottustold FXstreet that the financial incentive for investors is to support adding Bitcoin to a company’s balance sheet.
Bitcoin (BTC) reclaimed the $100K level, trading near $100,100 on Friday after a recent decline earlier this week. The recent pullback in BTC was mostly due to high-leverage traders and some holders booking profits. Despite Microsoft’s rejection of adding Bitcoin to the company’s balance sheet, institutional demand remained strong, recording a total inflow of $1.72 billion until Thursday. Giottus COO Arjun Vijay highlighted the growing financial incentive for companies to adopt Bitcoin on their balance sheets.
Bitcoin reaction this week
$Bitcoin possibly one more time with a discountIt looks like we will see another dip with Bitcoin. I therefore expect that we will correct up to 50% fib at the latest.
After this the bounce? Then open up towards 106k.
The last bullish chance of BITCOIN in short term!After this heavy drop, BITCOIN has now formed an ascending triangle in the 1-h time frame, which could be a sign of a bullish trend. Please note that this analysis is in the 1-h time frame.
Give me some energy !!
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC DOWNWARD RETRACEMENTSince one our heavy digital assets hit $100,000 high, we anticipate some retracements for un tested levels... Bears have already showed interest, and so we can join the move.... My analysis is on the daily chart, and weekly impulse move supports it too... entries in H4 and refine in H1.
thank you.
BITCOIN Is Going Up! Buy!
Please, check our technical outlook for BITCOIN.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 100,153.20.
Taking into consideration the structure & trend analysis, I believe that the market will reach 102,181.06 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
BTCUSD SELL ZONE 🔔 BTCUSD Sell Signal 🔔
Entry Point: Initiate a sell position now.
Stop Loss: Set carefully based on your risk tolerance.
Take Profit: Open, monitor movement closely.
⚠️ Risk Management Reminder: Use small lot sizes and manage your equity wisely. Best of luck, hunters! 🚀✨
bearish on BitcoinHere's the daily chart for your reference. Please DYODD. Invest with capital that you can afford to lose. DO not borrow on margin to trade/invest. If you get good/lucky, you will become greedy and increase your margin and that is the point you go downhill........
Cup and handle looking like new ath on the way. $120k by xmas.Looking like all time high in progress. Let's go...
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. This is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
Is Bitcoin Losing Momentum? Correction to 85K LikelyYesterday, Bitcoin experienced another drop, falling from above 100K and reaching a low of just over 94K, briefly touching the ascending trendline that dates back to the time of Trump’s election.
While the price action since November 5 has been characterized by higher highs and higher lows—usually a sign of bullish momentum—the broader structure appears to signal a potential reversal. This pattern suggests that Bitcoin is struggling to sustain its highs, raising doubts about its ability to maintain upward momentum, at least for now.
Although a new all-time high remains a possibility, I believe it is unlikely that Bitcoin will hold gains above 100K for an extended period. Instead, the more probable scenario involves a correction toward the 85K level.
A critical area to monitor lies between 92,500 and 93,000. A decisive break below this support zone would confirm my bearish outlook and could signal the beginning of a deeper correction.
