BTC SetupThis is a bullish setup on Bitcoin, though for a short run before we enter the major SELL we are waiting forLongby israelharrison0100
Bitcoin Analysis (BTC/USD) – December 25, 2024Current Price Action: Bitcoin is currently trading around $98,077, showing strong bullish momentum after breaking through previous resistance levels. The intraday range has seen a high of $99,403 and a low of $93,914, indicating a significant push toward the critical psychological level of $100,000. Technical Analysis: Trend Overview: Bitcoin remains in an uptrend, supported by higher lows on the daily chart. The recent rally is likely fueled by renewed investor interest and technical breakouts. Key Chart Patterns: A potential double-bottom pattern is forming on the 4-hour chart, with a neckline resistance around $99,000. If the price breaks above this level, it could confirm a bullish continuation, targeting $105,000 as the next major resistance. Indicators: Relative Strength Index (RSI): Currently at 68 on the 4-hour chart, indicating bullish momentum but nearing overbought territory. Volume: Volume has increased compared to the past week, suggesting stronger participation by buyers. Support and Resistance Levels: Support: $93,000 (recent swing low). Resistance: $99,000 (neckline of the double-bottom). Psychological Resistance: $100,000. Fundamental Insights: Market Sentiment: Positive, driven by increased accumulation by institutional investors and "whales" adding to their holdings during recent dips. Macro Factors: Bitcoin’s rally aligns with a broader uptick in the cryptocurrency market, as investors eye BTC as a store of value amidst global economic uncertainty. Upcoming Catalysts: A potential breakout above $100,000 could trigger increased media attention, attracting new retail investors. Trading Strategy: For Bulls: Look for a confirmed breakout above $99,000 with strong volume. Enter long positions with a target of $105,000. Place stop-loss orders just below $96,500 to protect against downside risk. For Bears: If Bitcoin fails to break above $99,000 and starts consolidating, consider short positions targeting $93,000 support. Use a tight stop-loss above $99,500 in case of an unexpected breakout. Risk Management: Given Bitcoin's volatility, position sizes should be carefully managed. Risk no more than 1-2% of your capital on any single trade. Conclusion: Bitcoin is on the verge of a significant milestone at $100,000, supported by bullish technical patterns and market sentiment. Traders should closely monitor price action around $99,000, as a breakout could lead to substantial upside potential. However, the market remains volatile, and caution is advised with appropriate risk management strategies. Stoch RSI and RSI Buy/Sell Signals with MACD Trend Filter To enhance decision-making and improve trade accuracy, traders can utilize the Stoch RSI and RSI Buy/Sell Signals with MACD Trend Filter indicator. This comprehensive tool integrates several features to offer actionable insights: Stoch RSI: Identifies overbought and oversold conditions with precision, ideal for determining potential reversals or continuation points. RSI Buy/Sell Signals: Displays clear buy and sell signals based on Relative Strength Index levels, simplifying decision-making. Dynamic Support and Resistance Lines: The indicator dynamically calculates and plots support and resistance levels on the chart, providing traders with real-time insight into critical price zones for potential reversals or breakouts. Multi-Timeframe Signal Table: A handy on-screen table shows buy and sell signals across various timeframes, enabling traders to align their strategies with the broader market context and spot high-probability setups. MACD Trend Filter: Serves as a trend confirmation layer, filtering out signals that go against the prevailing momentum to increase reliability. This indicator is particularly useful for both short-term scalpers and long-term position traders by providing visual clarity and actionable data. It ensures that traders can confidently navigate Bitcoin's volatile price action, capitalizing on dynamic support and resistance levels while staying informed with multi-timeframe signals. Recommendation: Apply this indicator to your charts to combine robust technical analysis with dynamic tools, helping you make precise, confident trading decisions. Link to the indicator bellow on the "Related publications"by Pedro-Elias0
BTC about to showcase Alt Season BTC still in its bearish channel from 2021 structure Needs to break out of this formation (noted in white trendlines) in order to see insane $150k-200k price discovery. by Migoreng_wrap0
B/$This is my forecast for the Christmas holidays the correction down has gathered quite a few long limit orders, now is the time to sellLongby Goliam_Praz0
check the trendIt is expected that a trend change will form within the current resistance range and we will witness the beginning of a corrective trend. If the price consolidates above the resistance range, the continuation of the upward trend will be likelyby STPFOREX0
The idea on BTC worked as expected, and now there is a patternThe market gifted us a 6% rebound in just one day. However, we are now observing a pattern formation, signaling consolidation and hinting at a potential huge impulse ahead. But which direction? It’s hard to determine at this moment. While fundamentals and trends suggest further growth, many traders are sitting on significant profits, waiting to see how others react. The previous idea played out well, but that narrative seems complete now. For the next move, patience is key. Entering a trade at this stage is controversial, as the impulsive pattern formation indicates the market could break in either direction. Stay cautious and watch for confirmation before making a move. Yours sincerely, Mister iM by themr-im0
Bitcoin Roadmap-----What NextBitcoin Analyze (BTCUSDT), 1-hour time frame⏰ In the last week, Bitcoin established a solid support level around 92K. It has made two attempts to break the support level and encountered significant resistance above 100K. If we look at the one-hour time frame, Bitcoin is now trading in a rectangular pattern. Note: If Bitcoin breaks below the Support zone($92000,000-$90,500), there is a high probability that Bitcoin will go below $88,000.⚠️ Note: If Bitcoin breaks above the resistance zone($100,000-$101,000), there is a high probability that Bitcoin will go above $104,000.⚠️ by limitissky770
Are we ready for the rise in the price of Bitcoin?The answer is yes We are repeating history... There are less than 60 days left until the breaking of the previous ceiling and then the price increase to the desired ranges in the Bitcoin chart. After 1 year of effort and study, I found out the method of seeing the chart, I did a lot of trial and error, but now I am ready to make the best predictions in the world.... I am Ehsan Chegani from the beautiful country of Iran and I must tell you that the price ceiling of Bitcoin will be set in 2025 and the price will increase to the range of 220 thousand dollars. The altcoin party will start in 3 months and eventually the price of many altcoins will see new ceilings, but there will be no news of significant progress in the market until the next 2 months... During these 2 months, I buy more bitcoins and altcoins with every price drop... how about you??? Number 1: The US government will support Bitcoin. Number 2: Little by little, I am preparing my hardware wallets to be ready to convert bitcoins to dollars and exit the market. Number 3: The price has reached its ceiling and I am selling.Longby ehsan_chegeniUpdated 443
BTCUSD SELLING NOW POSSIBLEHere's a summary of your updated BTC/USD trade plan: Trade Plan - *Entry Point*: 98300 (current) - *Target*: 93000 - *Stop-Loss*: 99300 Market Analysis The BTC/USD is experiencing a bearish trend, driven by a strengthening US dollar and decreasing investor sentiment. Technical Analysis - *RSI Indicator*: The Relative Strength Index (RSI) is below 40, indicating a bearish momentum. - *Moving Averages*: The 50-day moving average is trending downwards, supporting the bearish view. - *Resistance Levels*: The resistance levels at 99300 and 100000 could provide a selling opportunity in case of a bounce. Risk Management - *Risk-Reward Ratio*: Your risk-reward ratio is approximately 1:5.3, which is relatively aggressive. - *Position Sizing*: Make sure to adjust your position size according to your risk tolerance and account size. Trade Progress You're currently 5300 pips away from your target. Keep monitoring the market and adjust your strategy as needed. Stay disciplined and stick to your trade plan. Good luck!Shortby Geroge_Fx1
BTC/USD Long term trendTwo very clear trendlines have been respected over the course of BTC existence - The semi-ellipse trend which has acted as resistance throughout all of BTC cycle peaks - The long term linear trend which has acted as support It looks like BTC may be nearing the end of the semi-ellipse trend, after which we might see a major breakout upwards (possibly around mid 2025). If this fails to happen we will probably see the major support line get tested with a possible break and fall to low 50sby gregb10
updateThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingViewby kF_pippinright0
BTC UpdateSanta N can give you another ATH as a gift. Stick to your stop loss. Merry Christmasby M_broker900
$BTC for now looks like we've held itMARKETSCOM:BITCOIN has captured the Christmas spirit. For now, the supply zone appears to have become a demand zone. There was a large group of bears in the past few hours that wanted to go down a bit around 97k. They have currently overtaken the bulls. The 97k also seems to be a nice resistance and we have now done a neat test and we went back up again with the best speed. Now I would like to see us enter the 100k and break it again. We may well see a new ATH in the short term. If this works, I certainly expect a target towards 120k and 125k Wishing everyone a very Merry Christmas. Be kind to the world and each other!Longby RidgerR1
BTCUSD Long set-up ( 24/12/2024 )My personal view on BTCUSD. I still expect some bullish momentum on BTCUSD. Daily is still in an uptrend. My bias will only change to longterm short positions when we have a reversal pattern or DT on the Daily chart. No financial adviceLongby kobew0
Expired BTC.USD Weekly outlook. 4th WK DEC 2024Expired BTC.USD Weekly outlook. 4th WK DEC 2024 > BULLISH 📈 HIT Prior Week Closed Price: 93,098 This Week Target Price: 98,468 Strike Price: 99,378 on DEC 24, 2024 Upper Range: 104,929 Lower Range: 92,008Longby putIQ1
Bitcoin analysis today: -92000-94000 life and death battleBitcoin analysis today: -92000-94000 life and death battle Predicting Bitcoin is like predicting the weather - it's just that the weather is not often wrong! '" Williams' Bitcoin weather forecast: Straight lines belong to humans, curves belong to God As shown: The price of Bitcoin has stabilized below $94,000 I still think: shorting Bitcoin near $94,000 is the right approach. In the process from point A to point B, Bitcoin completed a sprint, set a new high, and finally stopped at around $108,000. The process from point B to point C represents the complete end of this force. The exhaustion of Bitcoin's volume is already very obvious. We can draw a conclusion: 1: All players who are long Bitcoin above 92,000, their stop loss is 92,000. Imagine: If it breaks through $92,000, Bitcoin will inevitably usher in a panic exit, and countless long players will be liquidated at this moment. Conclusion: Bitcoin will only fall more outrageously. 2: 9200 The support near 0 must be the strongest support at the moment. If the trend does not change, then 92000-94000 will be the best bottom-fishing range for global bulls. In the absence of major positive factors, Bitcoin is no longer driven by huge transactions. Every time Trump talks about Bitcoin, his prestige has declined again and again. This is an indisputable fact. We are now focusing on the fluctuations in the 92000-94000 range to lay out intraday trading signals I will continue our thinking yesterday Continue to short Bitcoin near 94000. SELL: 93500-94000 SL: 97500 TP1: 92000 TP2: 90000 TP2: 88000 TP4: 86000 If you are reading my article, I hope you can leave me a message for feedback. I will answer them one by one and analyze the real-time signals for you. Thank you very muchby Brad_WilliamsUpdated 1
Bitcoin's Weekly X-Trend confirms Christmas SupportPost 100k offered temporary and limited upside (108k) near term as TREND B5 provided strong resistance to be followed by a strong decline in price. Respect the trend. TREND A6 suggests the bottom of the current price range to be around 95k. TREND A6 has proven to provide strong support as holiday season is upon us. Can we be heading into another Christmas rally? Seems so. To all a happy holiday and a Merry Christmas. Enjoy the gift.Longby incurio0
The last Bitcoin swing for the 2022-2024 cycleI called this date months ago. this will be the final bottom before the 2024 cycle endsLongby saturnv40
Bottom of the last Bitcoin swingI called this date months ago. this will be the final bottom before the 2024 cycle endsLongby saturnv40
Bottom of the last BTC swingI called this date months ago. this will be the final bottom before the 2024 cycle endsLongby saturnv40
BTC USD entry point97200. target 96200 stop loss 9800Here's a summary of your updated trade plan: Trade Plan 1. _Target_: $96,200 2. _Entry Point_: $97,200 3. _Stop Loss_: $98,000 Your plan indicates a bearish outlook, expecting the price to drop from the entry point to the target. Key Considerations 1. _Risk Management_: Ensure you're managing risk with proper position sizing. 2. _Market Conditions_: Monitor market conditions and adjust your plan as needed. 3. _Technical Analysis_: Consider using technical analysis tools to support your trading decision. Would you like me to provide current BTC/USD market data or analysis?Shortby Stevenexpert1
30minutes | Bitcoin | Analysis | 24/12/2024Asalam.o.alaikum (Hi) Community, Hope you are fine and doing all of your great, so yesterday i published 2 analysis and we noticed market behavior exactly on the key levels as i pointed out. So, for today the market key levels are as following: Bullish We have 2 character & required IF candles too break market further bullish. Bearish We have characters at the bottom too, if those break we can see market going further down. For Now we have these key levels. Cheers, Thanks! Intikhab Gillani MOCHH Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan) 23/12/2024by IntikhabGillaniACCAUpdated 0
$BTC send it! Merry Christmas everyone! Currently important movements for Bitcoin. We are now in the most important zone for breaking. We can break this and keep this demand and supply zone. We have a lot of spaceLongby RidgerR1