Three Valley, A river on $BTCDid you spot this famous pattern forming on bitcoin usd chart. It will be interesting to see how it plays out. Merry Xmas and happy New yearLongby mohamoon2172
Are we just getting a bull trap for $BTC?That is the Christmas spirit. Looks like we've been bull-trapped. Hopefully this will not last and our demand zone will prevent this correction. For now there's nothing we can do about it except watch it. Stay safe. Be kind to the world and each other!by RidgerR2
$BTC following yesterday's updatesYesterday I was initially a bit skeptical that we might not have corrected hard on an Eliot wave yet. But after I delved more into the charts and the altcoins around them, I became more and more positive. Now we actually seem to be getting a bullish breakout that looks solid for now there are a few zones that are super important to keep an eye on. There are a lot of bears on the road around 97k. (Dutch pronunciation: Meaning obstacles on the road) If we manage to break the bears and have the 100k in sight again, that is our last piece of trouble to complete the bull run. For now, wish you a very Merry Christmas Eve and Merry Christmas. More later Be kind to each other and the world!Longby RidgerR2
Next Bitcoin Long Setup at $87K Next Bitcoin Long Setup at GETTEX:87K Hey Crypto Enthusiasts, I'm eyeing a LONG setup on Bitcoin (BTC) at the $87,000 mark. Here’s why this level is significant: Historical Resistance: GETTEX:87K has previously acted as a resistance level where Bitcoin faced considerable selling pressure. Breaking this barrier could signal strong bullish momentum. Market Sentiment: With recent posts on X discussing accumulation around this price point, there seems to be a consensus forming around this level as a potential entry point for long positions. Technical Indicators: Technical analysis from various sources suggests that this price could be where Bitcoin consolidates before another push to new highs. Analysts are looking at GETTEX:87K as a key area for a bullish breakout, especially if Bitcoin reclaims $59,600 first, which could act as a springboard. Market Dynamics: The surge past GETTEX:87K in November 2024, coupled with significant institutional inflows and a post-election rally, indicates that this level could be a pivot for the next leg up. With Bitcoin ETF volumes soaring and daily network inflows robust, the stage seems set for a possible rally. My Strategy: Entry Point: I'm setting my limit orders around $86,386, just below the GETTEX:87K mark, to catch any dip buying opportunities. Stop Loss: Manual stop loss below $83,831 on a 4-hour close to protect against unexpected drops. Targets: Aiming for new highs, with immediate targets at $93K and $96.5K, based on current market liquidity and futures data. Remember, always do your own research and manage risk appropriately. The crypto market can be volatile, and this is just one perspective on a potential setup. Stay tuned for updates, and let's see if Bitcoin can make another significant move! Merry Christmas! #Bitcoin #CryptoTrading #LongSetup This is not financial adviceLongby orangehodler1
BTC USD IdeaWe are closely looking level 90,682.58 on the BTC/USD pair. It appears the market is entering a bearish pullback towards the end of the year. On the order book, we see large funds selling positions to secure year-end profits. We consider this market condition a pullback phase if we break through the 90,682.58 fractal low. This is normal and occurs every December in the markets. Overall, we only scalp trade during December and January, without expecting any significant moves. We will keep you posted if volume returns to the markets.Shortby themarketknight1
FinalThe next stage has begun. No comments. Just silence and patience is all that is needed. When we finish, there will be comments again. Don't fight the market!by just5Updated 1
BITCOIN end of correctionThe chart depicts the BTC/USD price action on a 1-hour timeframe. Here’s a detailed analysis: ### Key Levels: 1. **Resistance Levels:** - **Pink Zone (101,880 - 102,602):** A strong resistance area where price failed to break higher multiple times. This zone shows selling pressure and marks a critical area for a potential breakout or reversal. - **108,267:** A major resistance level further up, yet to be tested. 2. **Support Levels:** - **Blue Zone (92,628 - 94,496):** A significant support area, as price has bounced from this zone multiple times. It represents strong buyer interest. - **90,690:** A lower support level, indicating the next target if the price breaks below the blue zone. 3. **Intermediate Levels:** - **99,011 - 99,316 (Green Zone):** Previously acted as support and resistance, indicating a pivotal level. - **100,698 (Orange Line):** A key psychological level, aligned with the round number of $100,000. --- ### Chart Patterns and Trendlines: - **Downward Channel:** The red descending trendline highlights the current bearish momentum, with lower highs and lower lows. - **Potential W Reversal Pattern:** The double bottom formation near the blue support zone suggests a possible bullish reversal. If confirmed, the price could break above the descending trendline and target higher resistance zones. --- ### Price Action Insights: 1. **Current Movement:** The price is trading around $95,433, slightly above the blue support zone. This suggests consolidation after a recent bearish trend. 2. **Key Rejections and Bounces:** - Multiple rejections in the pink zone indicate strong resistance. - Clear bounces from the blue support zone emphasize its importance. --- ### Potential Scenarios: 1. **Bullish Scenario:** - If the price breaks above the descending red trendline and sustains above the green zone ($99,011 - $99,316), the next target would be the orange line ($100,698) and eventually the pink resistance zone. - A breakout above the pink zone could trigger a strong rally toward $108,267. 2. **Bearish Scenario:** - If the price fails to hold above the blue support zone, the next target is $92,628. Further downside could lead to a retest of $90,690. --- ### Summary: - The chart reflects a consolidation phase after a bearish trend. - Bulls need to reclaim $99,316 and break the red descending trendline to shift momentum. - Bears will aim to break below $94,496 for further downside. This analysis suggests close monitoring of the $94,496 and $99,316 levels to anticipate the next directional move.by amerjaradat2
#BTCUSD 4H#BTCUSDBTCUSD (4H Timeframe) Analysis Market Structure: Trendline Support Breakdown: The price has broken below a previously established trendline support, indicating a potential shift in market sentiment from bullish to bearish. Forecast: Sell Opportunity: The breakdown below trendline support suggests that bearish momentum may take over, and further downside movement is likely. Key Levels to Watch: Entry Zone: After the trendline breakdown, wait for confirmation of continued selling momentum or a retest of the broken trendline as resistance. Risk Management: Stop Loss: Above the broken trendline or recent swing high to limit risk. Take Profit Zones: Focus on next support levels or Fibonacci projections for potential downside targets. Market Sentiment: Bearish Outlook: A trendline support breakdown typically signals that the buyers have lost control, and further downward movement is expected if the price remains below the broken trendline.Shortby PIPSFIGHTER8
#btc #btcusd #elliottwave short sell setup wave 3 a of 2 30Dec24This 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.Shortby alibadshah883
Bitcoin back to 70K?Bitcoin Heading toward to 70K, On Daily TF CISD, But Monthly Candle Also Closing in Previous Candle Range. No More BullrunShortby TradeWithDanishUpdated 1
$BTC bull and bearTo be honest. I'm a little afraid of that line. Everything above seems like a bull market and everything below seems like a bear market. If we break this, I expect we can go down quite a bit. In that case we can make a correction to 87k, 82k or even deeper to 76k. In terms of correction, this could be fine. Although I am afraid that we will see other altcoins that will follow suit. Now let's see how this line holds up. Be kind to the world and each other! Shortby RidgerR1
Bitcoin Ready for the New YearTether fud is what we needed . That just makes me more bullish. Starting from the next week i think btc will start to show who she really is . Prepare for the next leg up , it will melt faces . Those who sold now will regret for their entire life. The best is yet to come . If u think this run is over ,then this is your first bull run. Longby CrocoCrypto2
btcLet me make a prediction To get to that blue one above, the red box must be broken, and until it is broken, the lower lines are available.by hosseinghaffari671
BTC favouring the downside BTC support is holding around 92K HOWEVER , it’s been chipping away at this level over the past few weeks since it broke 100k and made its move to the all time high. Price has consolidated between 100k and 92k and appears to be showing a bias to the downside and bearish flag formation as it’s been chipping away at that level and this obviously weakens support. The air pocket between 92k - 73k is looking to be a near term probability of where price is expected to retrace to strong support. If this plays out it will be a big trade and then a discount buy from support of FWB:73KShortby ForgeNTrade1
Back to the Roots: BitcoinAs predicted in the previous analysis, Bitcoin was rejected at **$100k** and is now approaching a cycle low. 📉 📊 Current Analysis: ❌ We’re not at the bottom yet, and it’s not time to buy. 🔵 The 1-day indicator (dark blue line) is currently at **68** and looks poised to reverse to the downside, signaling a potential cycle break. ⏳ Even if this doesn’t happen, the 1-day cycle will need approximately a week to return to the **20 range**, marking Bitcoin’s 60-day cycle low. 📍 The low could form anywhere between **$85k and $91k**. 💡 Remember: **Cycles don’t predict prices; they provide timing bands for tops and bottoms.** 🔮 Next Cycle Outlook: ⚠️ The upcoming 60-day Bitcoin cycle doesn’t look promising: 1️⃣ The **1-week indicator** spent a significant amount of time above **80** and is now trending downward. 2️⃣ This cycle reflects the general trend for the next 1-2 months and currently leans **bearish**. 3️⃣ We may need more time before the market reverses to the upside. ✨ Despite this, there are intriguing opportunities in the market right now. More details are available in the **Premium group**. ✅ Stay safe, trust the cycles, and build your wealth.💪 Let me know if you’d like further tweaks! 🚀Longby TheStrategyMaster1
bitcoin in the next 10 years.i am from the future, and besides the crickets for breakfast lunch and dinner, and sorros STILL being alive, the price of bitcoin is pretty great. Longby cneely941
Bitcoin"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"Longby Golden_candle2
BTC Analysis: Current Market InsightsBitcoin has settled in the range of $99,000–$95,000, showing signs of weakening bullish momentum. Diminishing trading volumes and macroeconomic pressure suggest the market may be preparing for a downward move. 🔥 FinCaesar’s Key Insights and Strategy: 1. Market Analysis: Downside Probability: High. A break below $95,000 could lead to a rapid decline to $87,000 or even $75,000. Upside Potential: A breakout above $102,000 might reignite bullish momentum, but current market conditions favor a correction. 2. Action Plan: Sell: If price drops below $95,000, secure profits and prepare for a further decline. Wait to Buy: Avoid buying now. Look for accumulation opportunities near $92,000 or a clear breakout above $102,000 for safe re-entry. 3. Recommendation: At this moment, selling and waiting for clearer signals or lower levels is the optimal strategy. "The market rewards patience. Make the right move before it's too late." — FinCaesar #FinCaesar #Bitcoin #CryptoStrategy #BTCForecast #CryptoAnalysis #Blockchain #FinancialFreedomby FinCaesar2
10% LONG POSITION As we cab see the price bounced from that support level multiple times, and this time not only boncing from it , this time clearly have swept the liquidity from tha recent low , and have given as a good reaction and a good confirmation to the up side , possibly headed to the previous high ( HRLR)by Kariss22
BTC Harmonic Elliott Wave and Hurst Cyclic AnalysisIn our previous update, published on November 30th, we anticipated the completion of wave IV of A of (5) retracement on BTC, which was aligned with a 20-week (20W) cycle trough expected in the third week of December. Now, the wave IV retracement has been completed and the 20-week (20W) cycle trough has been confirmed. As previously mentioned, the next major trough is the 40-week (40W) cycle, projected for May 1st, 2025. In the short term, we expect BTC to push higher to complete wave V, followed by a bearish phase in March and April. A potential target for the peak is 121,500.Longby bamdadsalarieh1
TEFOREXADVENTURE | BTCUSD BEARISH OUTLOOKbtcusd break te up trend line thats why now i focus on sell trade guys TRADE SETUP sell zone 95,700.00 stop loss 96,700.00 1target 94,700.00 2target 92,700.00 follow this setup with proper money management guys guys if you like my work please support me through like , comments and followShortby TheForexAdventures4
Trade idea: Long BTCUSD (Upwards Breakout of Descending Channel)BTCUSD: Upwards Breakout of Descending Channel (please see 30min timeframe screenshot). In Bitcoin, we see a breakout of the descending channel upwards, a classic one, with a pullback (rollback) of the price to the broken boundary. Trade Idea: Long BTCUSD from current price levels (~96,250); Stop loss below 93,500; Take Profit about or below 100,600. Best Regards -- COINBASE:BTCUSD BINANCE:BTCUSDT Longby MikhailPigolkin1
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 🧠 . . . . ⚜️Do not regret about psat ,You should learn from past⚜️ by TheApolloo224