Bitcoin on the verge of a major correction?Possibly Bitcoin on the verge of a nice correction. Don't worry, in the end, overall is still bullish. But it seems that after 3 waves we get back 2 on an old support zone at 50%. Entry level 85k and a bit.Shortby RidgerR115
BITCOIN $250K - Get Ready to Get RichHello everyone! Today, I’m excited to dive into my latest analysis of the Bitcoin cycle, showcased through a weekly view chart that breaks away from conventional wisdom. Rather than adhering to the often-disputed parabolic curves that have been a staple in crypto charts since 2017—curves which have consistently either underperformed or overshot the mark—I'm bringing something different. My analysis is based on a trend line that I've meticulously tracked since 2013. This line has proven incredibly resilient, never once being undercut as of now in 2024. This steadfast pattern leads me to an ambitious yet attainable target: Bitcoin reaching USD 250,000. This projection suggests more than a doubling from our current position within this cycle’s parabolic phase. Interestingly, the duration of these parabolic phases has been extending with each cycle: 427 days in 2013, 525 days in 2017, 567 days in 2021. Based on this pattern, I anticipate the current cycle will span approximately 600 days, concluding around the end of 2025. I’d love to hear your thoughts and predictions. Where do you see Bitcoin heading in this cycle? Let’s discuss below!Longby LGNDRY-Capital6
BTC Possible lower high targetas BTC just pumped and dumped, i am looking to see if we will make a lower high nextLongby Livingbydesign0
Bitcoin Near $100K: Consolidation or Correction?Hello Intrepid Traders, We have here the 1 Hour Chart of BTC/USD pair on Coinbase. Analysis of Bitcoin 1-Hour Chart 1. Support and Resistance Levels Support Levels: $93,000 - $94,000: This level aligns with a previous consolidation zone and the 200 EMA (red). It's a significant support level where the price has previously bounced. $96,000: This is a near-term support zone where the price consolidated before the recent breakout. Resistance Levels: $100,000: A key psychological resistance level that the price briefly touched before pulling back. Breaking above this level would likely attract further buying momentum. $108,000: The next likely resistance zone if $100,000 is broken, based on the height of the previous breakout. 2. RSI (Relative Strength Index) Current RSI: The RSI has fallen sharply below 50, suggesting bearish momentum in the short term. This indicates a cooling off after the recent rally. Overbought and Oversold Conditions: The RSI was previously in overbought territory above 70 during the rally to $100,000. If the RSI approaches the oversold region near 30, it could signal a potential reversal or bounce from support. 3. Price Action Consolidation: The price formed a symmetrical triangle before breaking out strongly upward. The recent pullback suggests a potential retest of the breakout zone (around $96,000). Consolidation between $96,000 and $100,000 is possible before a clear direction is established. Retracement: The price is retracing after the sharp move upward. It is currently near the 50 EMA (green), which could act as short-term support. If this retracement deepens, the next target would be the 200 EMA (red) at around $94,000. 4. EMA Analysis The 50 EMA (green) is above the 200 EMA (red), confirming a bullish trend on the 1-hour chart. A pullback to the 50 EMA or 200 EMA could provide potential buying opportunities if the price rebounds. Possibilities Bullish Scenario: If the price holds above the 50 EMA (green) and consolidates around $96,000, a bounce back toward $100,000 is likely. A breakout above $100,000 with strong volume could target the next resistance at $108,000. Confirmation of a bullish move would include the RSI moving back above 50. Bearish Scenario: If the price breaks below the 50 EMA, it could test the $93,000 - $94,000 support zone near the 200 EMA (red). A break below $93,000 would signal further downside, with the next support likely around $90,000. Disclaimer: This analysis is for educational purposes only and should not be considered financial or investment advice. Trading cryptocurrencies involves significant risk. Always conduct your research or consult a professional advisor before making trading decisions. Final Thoughts The Bitcoin 1-hour chart is at a critical juncture, with the price consolidating after a strong rally toward the key psychological resistance of $100,000. The symmetrical triangle breakout suggests bullish potential, but the current retracement and falling RSI indicate short-term weakness. Key Levels to Watch: Support: $96,000 (short-term), $93,000 (major support with the 200 EMA). Resistance: $100,000 (psychological) and $108,000 (measured breakout target). What to Look For: If the price holds above the 50 EMA and RSI moves back above 50, it could indicate renewed bullish momentum, potentially leading to another breakout attempt. A break below $93,000, however, would signal a deeper correction and a possible trend shift. Trading Strategy: For Bulls: Look for confirmation of support at $96,000 or $93,000 before entering. Watch for a breakout above $100,000 to ride the next leg up. For Bears: Wait for a clear breakdown below $93,000 with RSI staying below 50 to target lower support levels like $90,000. This is a time for patience and disciplined observation. Both scenarios—continued bullish breakout or deeper retracement—are plausible, so managing risk and waiting for confirmation are essential for any trade decision. Leave your questions and comments below. More power to all your trades! Intrepid Traderby RSibayan2
Daily Analysis of Bitcoin – Issue 224A analyst predicts that the price of Bitcoin will decrease in the next 24 hours. This forecast is based on a quantitative analysis of recent price trends.Shortby MoonriseTA2
Probability of market reversalIt seems that the possibility of Trump's policies being inflationary was revealed in last night's fall.Shortby forkman1
BITCOIN BEST PLACE TO SELL FROM|SHORT Hello, Friends! BITCOIN pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 98,279 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 115
Breakout Alert For BTCUSDTAfter the establishment of a bullish ascending triangle pattern, BTC is currently pulling back to the $74K support level. If the price continues to show a similar momentum, it is poised to reach an approximate figure of $291K which is a more than 331% growth. The combination of rising lows and sturdy EMA support bodes well for continuation. Longby stanleycrypto5
Bitcoin Seizes $100,000. What's Your Prediction for Next Move?And there you have it — a comet in the night sky, Bitcoin BTCUSD finally shattered the landmark $100,000 figure . Prices of the original cryptocurrency are up 50% since Election Day on November 5 and traders have one man to thank. Do you think he doesn’t know it? “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!” Donald Trump erupted on his social-media platform, Truth Social. As crypto circles around the world celebrated the mind-blowing milestone (that’s a market cap of more than $2 trillion in a $3.5 trillion market ), the volatile crypto couldn’t get any rest. Bitcoin prices seesawed back under $100,000 early Friday with traders experiencing the token’s wild swings and notorious stomach-churning volatility. In wild seesaw motions, the OG crypto yesterday peaked at an all-time high of $103,700 a piece before sliding more than 6% to close the session at a 1.6% daily loss at $96,900 a pop. In other words, crypto traders still need that convincing close above six figures. Donald Trump might just have the answer. The President-elect is keeping busy by forming an A-team of crypto advocates to lead the efforts at the White House. Earlier this week, Trump selected former SEC commissioner Paul Atkins to replace current SEC Chair Gary Gensler. This is one of the key drivers to yesterday’s rally in the broad crypto markets . Because Atkins isn’t just a crypto-friendly former regulator. He’s been advising crypto companies since 2017 and he’s the co-chair of Token Alliance, a subsidiary of Digital Chamber, which was spun up to promote digital assets. Atkins has been consulting crypto companies on how to work with the Securities and Exchange Commission, avoid penalties and lawsuits. And now he might be taking the top job at America’s financial watchdog. It doesn’t end there. A new pick today promises even more growth for the crypto industry in the US. Trump has tapped venture investor and podcast host David Sacks to be the “White House AI & Crypto Czar.” In a post on his social media, Trump wrote that “David will focus on making America the clear global leader in both areas.” “He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship.” Sacks was a major Trump supporter earlier this year. He invited Trump to join him and his podcast peers and fellow investors Chamath Palihapitiya, Jason Calacanis, and David Friedberg for a talk on his All-In podcast , which Trump has called the “top podcast in Tech.” With the stars seemingly aligning for the crypto industry heading into 2025, many digital asset proponents are now calling for $100,000 to be the bottom. A new, loftier goal is now in sight by end of year: $125,000. In 2025, the forecasters among us project Bitcoin prices of about $250,000 , or a 150% increase from current levels. 📡 What’s your forecast? Do you think we’ll see prices top $125,000 still this year? And $250,000 next year? Share your thoughts below! by TradingView6363625
Bitcoin's possible movement in the next two monthsHi With Bitcoin's recent moves, it seems that in the short term, the currency will have a hard time breaking 103,000 and could even fall to the 80,000 range. This idea will fail if it breaks the previous peak.by Amir_Mahianeh222
Bitcoin - Time to buy again!Bitcoin has completed its third upward wave and is now finishing its fourth corrective wave. Therefore, it can be concluded that after completing the fourth wave and forming a flag pattern, it may reach $104,000 or $107,000 in the fifth upward wave. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!! Longby CobraVanguardUpdated 77
BTC cup and handle: 128k soon?I see a nice cup and handle confirmed and broken up on the daily chart. If this is correct we could see 128k as a nice target. There’s still a resistance at 104k first, we’ll see after that.Longby dinapolis221
The Future of #Bitcoin $BTCAll based to W.Gann methods and The law of Vibration The Target is 300K The entery POint is 3900 SL is 900$ as a Price , March 2019 down the current Price as Time im gonna explain Why on THe comments down below Good Luck Mates.. by Lawrence-SherifUpdated 4442
BTC updateLast sell-off is a clear impulsive wave, that now make the larger structure very clear. It is the wav C of a flat, that is the correction in the wave 4 as shown on my chart. I am projecting the next move up until the year end in the local fifth wave = w1Longby Alpha_Mind1
BTC Update 2024-12-6The Most Predictable Targets maybe faced as picture Note : Personal ideas are NOT enough to tradeby morteza2910
December 5 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is a 30-minute Bitcoin chart. The analysis is late, so the Nasdaq index is released and the US market is open. I was worried a lot because I might miss the entry point. I'll keep it simple. *Red finger movement path Long position strategy 1. $102,665 long position entry section / When the green support line is broken or when section 2 is touched, stop loss 2. ToP section at the top $106,338.5 1st target -> Good 2nd target If the strategy is successful, section 1 at the top is a long position re-entry autonomous section. The movement is sideways within the orange and green convergence sections of sections 1 and 2. Today, the Bollinger Band 15-minute chart did not touch the support line even once, so I operated it as aggressively and safely as possible. Since the 1-hour chart MACD dead cross is in progress, It seems advantageous to operate after the imprint is completed, And today, if you just maintain the sky blue support line, there shouldn't be any problems. Up to this point, I ask that you simply use my analysis for reference and use, And I hope that you operate safely with principle trading and stop loss prices. Thank you for your hard work until late at night. Thank you.Longby BitCoinGuideUpdated 3
Bitcoin, be greedy when others fearful, Short Term Target:105KI was very lucky that I closed my long position last night at 99000 before last night "needle" drop. Be greedy when others fearful, last night was just cleared some 100x contract in exchange and some weak holders out, THIS IS A NORMAL ADJUSTMENT in Bull market! It also gave us a very clear cut loss position at 91500, if price above 91500, we can hold it for short term and even mid term trading. Go back to the graph, it will break the triangle very soon, measuring target is 105,000, short term. Longby hkpaulchan1
possibility of uptrendIt is expected that the upward trend will continue to the specified resistance levels. Then there will be a possibility of a trend changeLongby STPFOREX112
BTC/USDIn any case I analyze, the Bitcoin chart will fall to $75,000, you should sell now.Shortby elhamkindness650
BTC BUY back to 103k*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. Yesterday we positioned for a sell, price ended up breaking thru resistance taking price to 103k before topping out and bringing price back into previous level of resistance recently broken and taking price down to 91k before buyers re entered market. Looking to take short term call back to 103k, then looking to position for a sell back to 75k from there. Longby l2xinvestors1
BTC/USDIn this view, it could be the third wave that should now be in the correction wave.... In all analyses, I guess from now on the correction wave will be in the range of $75,000 to $80,000.Shortby elhamkindness65112
BTC/USDIn a simple Elliott wave count, it may be in wave three now, and within the third wave itself, corrective waves A, B, and C should form.by elhamkindness650
Can BTC Maintain Momentum Above $92K Support? BTC/USD continues to exhibit strong bullish momentum as it follows a well-established uptrend. The price is consistently printing higher highs and higher lows, supported by the EMA Ribbon , which remains firmly bullish. The most recent Break of Structure (BOS) highlights the continuation of this bullish trend. A key level to watch is 92k , which has transitioned from resistance to support after the price retraced and successfully bounced off this area. This level aligns with the current trendline and acts as a significant foundation for the next move upward. Additionally, the TSI indicator is showing an upward divergence , where momentum decreased temporarily but the price continued climbing, confirming bullish pressure. Looking ahead, the 1.618 Fibonacci extension suggests a potential target at 112k , which aligns with historical behavior when Fibonacci extensions are respected. The TSI is above the zero line, signaling strong bullish momentum, and the Signal Builder has consistently provided bullish signals in confluence with these factors. As long as BTC/USD remains above the EMA Ribbon and maintains its higher-low structure, the probability of reaching the 112k target remains high. 👨🏻💻💭 Do you think BTC will hit $112k soon? Let’s hear your thoughts below! _________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc. Longby 3Commas2