The last straw...It sounds that the ascending channel can no longer bear it. In case of losing it, upper areas can come to rescue.Shortby muhammad199613757
BTCUSDT 12H#Bitcoin has four key factors, apart from news and market psychology, that have contributed to its drop—something we were expecting. Remember, every drop is a buying opportunity. The market is gathering its fuel to make a big move and explode upward.🚀 So, these days are shopping time😀. Now, let’s go through the four points: 1- CME Gap: Bitcoin had a CME gap between $103,670 and $102,470 that needed to be filled. 2- Bearish Divergence: It showed bearish divergence across most timeframes, which we’ve illustrated on the chart. 3- Weak Buying Power: There hasn’t been strong buying power, and selling volumes have been higher. 4- Bitcoin Dominance: Dominance has made another move toward 59–60%, likely to shake out weak hands and gather bullish fuel for the next rally. 👍On the chart, we’ve identified two potential points where Bitcoin could rebound: 1- Around the 12H MA50: This is roughly at the bottom of the ascending channel and aligns with the horizontal support level at $98,292.61, making it a strong potential reversal point. 2- If the ascending channel breaks: #Bitcoin could drop to retest the 12H MA100, which is near the support zone between $93,010 and $92,310, before moving back up. 💁♂️If Bitcoin reverses upward, the first target is 🎯$110,657, and the second target is 🎯$118,828. For now, we’ll stick to this analysis and see how the market reacts. 🤚Avoid using leveraged trades under any circumstances until the market establishes its direction.by Bithereum_io5
#BTC bullish trend is good, cautious bearish📊#BTC bullish trend is good, cautious bearish⚠️ 🧠From a structural point of view, we started the callback after building a short structure in the red target zone. Currently, the target zone of this structure has been achieved and a good rebound has occurred. If we want to continue higher, we need to break through the blue resistance. ⚠️If we reach the weekly level resistance line early, we need to be alert to the occurrence of a sharp decline. Let's see👀 🤜If you like my analysis, please like💖 and share💬 BITGET:BTCUSDT.P Longby wolf_king8884
MY analayze of BTCBTC may go down if it touchs 110000 . this not sure 100% it,s only prediction of the chartShortby abdirazak62736
BTCUSDT: Broken Uptrend - Support Turns ResistanceBitcoin (BTCUSDT) has broken a key daily uptrend line, leading to a significant price drop and a subsequent retest of the broken trendline as resistance. This analysis examines the implications of this price action. Technical Analysis: Trendline Break : A well-defined uptrend line on the daily chart has been broken. This break signals a potential shift in market sentiment from bullish to bearish. Trendlines act as dynamic support levels during uptrends. When broken, they often become resistance. Support Turns Resistance : Following the break, BTC dropped to approximately $92,330 before bouncing back up. This bounce retested the broken trendline, which now acted as resistance around $99,550. The fact that the price was rejected at this level confirms the strength of this newly formed resistance. This phenomenon of support turning into resistance is a common occurrence in technical analysis. Current Price Action : BTC is currently trading around $95,000. The failure to reclaim the broken trendline suggests continued bearish pressure. Trading Considerations: Potential Downside : If the current bearish momentum continues, further downside is possible. Traders should watch for potential support levels below the current price. Invalidation : A break back above the $99,550 level (the broken trendline/resistance) would invalidate the current bearish scenario and suggest a possible resumption of the uptrend. Risk Management : As always, it's crucial to use appropriate risk management techniques, such as stop-loss orders, to protect capital. Remember : Do your own research before entering any trade. This analysis provides insights based on the provided information, not financial advice. Trading involves risk, and you could lose money.Shortby OMGiTzREALHASSAN4
BTC Price Action AnalysisBTC Price Action Analysis: BTC is showing signs of consolidation in the 90,000 - 108,000 range for the next few days. During this period, we expect the price to move sideways as the market digests recent price action. This phase of consolidation could bring some stability before a potential volatility spike. After this consolidation phase, I anticipate a possible wick down to around 86,000. This wick would be a short-term shakeout, likely designed to liquidate weak hands before a strong bullish rally. Following this shakeout, I’m expecting BTC to surge and achieve a new all-time high (ATH). The overall market sentiment remains bullish, but this could take some time to fully develop. Key takeaways: - Short-term consolidation expected between 90k and 108k. - A potential wick to 86k could happen before the next big move. - Long-term outlook remains bullish with a target of a new ATH. Make sure to practice proper risk management, as volatility could create sudden price swings. As always, this is not financial advice, and I encourage you to do your own research (DYOR).Longby Qaisrani-Trades5
$BTC to 117k ATH soon🚀 Bitcoin’s Next Chapter: ATH After This Dip? 🚀 Bitcoin is taking a breather after the recent dip, but don’t be fooled—this could be the perfect setup for the next major run! Historically, these pullbacks have been springboards for explosive moves to new all-time highs. 🔍 Why It’s Exciting: Healthy dip = Opportunity for strong hands to reload Key support levels holding firm = Confidence in the market BTC thrives on momentum shifts—this could be the calm before the storm All signs point to a bullish resurgence. What’s your take—are we gearing up for a new ATH? Let’s hear it! 📈 Longby ashwani5005
Bitcoin Poised for a Potential Drop: Will BTC Test the 95K SuppoPrice Action: The chart shows a sharp decline from recent highs, with the price currently around the 100,259 level. Support and Resistance: There is strong resistance highlighted in the red zone above the price, which previously rejected the price upward. Below the current level, there is green support near the 95,000 mark. Trendline Break: The orange upward trendline has been breached or is very close to being breached, signaling potential bearish movement. Projection: The white arrows illustrate a potential pattern where the price may bounce slightly after breaking the trendline but could ultimately fall toward the 95,000 level. The chart shows a projected drop of ~11.57%, which aligns with a fall to 95,000. Conclusion: The chart suggests a bearish scenario where Bitcoin (BTC) may fall to touch the 95,000 support level after breaking the upward trendline. If BTC fails to hold this trendline and support area, further downside movement is likely.Shortby bullanceprime4
BTC FORMING A PERFECT TEXT BOOK SETUP.Textbook setup has been formed on BTC. Easy to understand as well.Longby Thebitcoin374
Bitcoin UsdtThis is a purely personal opinion. I think the price is going to bounce back up in this range.Longby Shervin_Hunter4
BTCUSDTBTCUSDT Outlook Based on The Market Condition Price seems In Buy Side. Resistance Zone 102K Support Zone 92K May see more detils in the Chart PS Support with Like and Comments.Longby Royal_Forex_Level4
btcwas exspecting a small move up to find a sell entry but it didnt play out as expecting. this looked like a b wave and i changed thus changing my bias to my previous idea and looked for buys on the lower tf Longby matthewdowds4
BTCUSD CAN HIGH FLY M30 Timeframe of BTCUSD shows that market will high fly we are on critical point to entry here we are looking for good opportunity to buy some btcusd if it will fly continues if it will drops then it we will continue drops so the best opportunity print some money is that we recommend you for long Longby Mr_Albert_Global_FxUpdated 20
BTCUSDT just idea!!!!!!This is just an idea. I drew it after observing the many other things.…Shortby MoneyFrequency4
BTC LONG TP:113k 16-12-2024The upward trend is expected to continue, targeting a rise towards 113k, with a potential spike reaching between 116k and 118k. Ideal entry points are around 104k to 106k, while stop losses should be set below 101k-102k. Make sure to adjust everything according to your trading style. This projection should materialize within 24 to 30 hours; otherwise, it may need to be discarded. Stay updated with market developments. #Bitcoin #TradingLongby ReyDragon21Updated 14
Bitcoin drop back to $103000Recently entered a bitcoin short. It has now return to entry, still valid hence why am making this idea. I think the market is more likely to sustain higher move from a stronger support. 103k area is a good place. So anticipating the drop any moment now. It is a corrective short attempt. Overall trend is still bullish.Shortby Filnft3
ALTSEASON KICKS OFF!The Biggest Altseason Ever Starts Tomorrow: Are You Ready to Capitalize?" The crypto market is entering a pivotal Acceleration Phase, setting the stage for unprecedented growth. With Bitcoin eyeing a bold target of $250,000, altcoins are expected to surge alongside it, creating incredible opportunities for investors. Imagine turning a modest $50 investment today into $10,000 by 2025—this could be your chance to position yourself for massive gains by identifying and focusing on the right projects. How the Crypto Cycle Works Just like traditional markets, the crypto market follows a predictable four-phase cycle: Accumulation Phase Prices stabilize, and savvy investors quietly build their positions. Markup Phase (Uptrend) Demand surges, leading to rapid price increases across the board. Distribution Phase Prices peak as large investors lock in profits, creating volatility. Markdown Phase (Downtrend) Corrections take place, leading to lower prices before the cycle resets. Why Now? The market is transitioning into the acceleration stage of the Markup Phase—a critical period where explosive growth is likely. Altcoins, often overshadowed by Bitcoin, are set to experience dramatic gains as capital flows into the broader crypto market. Position Yourself for Success This is the moment when informed investors can make strategic moves to maximize their returns. By identifying promising altcoins and projects now, you could set yourself up for life-changing gains as the market continues its upward trajectory. Are you ready to seize this opportunity? 🚀Educationby CRYPTOMOJO_TA2929567
Weird Prediction ChannelBITSTAMP:BTCUSD CRYPTOCAP:BTC Hello Monstralians, Despite ALL market negativity, Bitcoin remains bullish on both weekly and monthly timeframes. After analyzing Bitcoin's movement following the bearish market maker candle ( as discussed in my previous post:) ), it is evident that Bitcoin's bullish trend continues. Note 1: The next bullish mouvement will be slow and could take some time (3 to 4 weeks). Note 2 : I also spotted a formation of a parallel channel which many of you will disagree with me on the drawing but I believe it limits the next BTC mouvement. I am excited to see the precision of my channel. Happy trading !Longby Monstralian4
BTC/USD "Bitcoin" Crypto Market Heist Plan on Bearish Side🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the BTC/USD "Bitcoin" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📉 : You can enter a short trade at any point, however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest high level. Goal 🎯: 90,000 Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂Shortby Thief_TraderUpdated 5
16/12/24 Weekly outlookLast weeks high: $106,649.88 Last weeks low: $94,177.33 Midpoint: $100,413.61 A new ATH for BTC last week as we saw $106K for the first time, truly amazing price action since the Trump election win. NASDAQ:MSTR , IBIT and other massive institutions are continuing to buy with more companies having rumoured to add BTC to their balance sheet, demand is strong and does not seem to be going away as we go into the end of the quarter/year. This week we have many different data releases from the UK, US & ECB. Naturally volatility is expected around these events, it also makes traders a little tentative to enter into trades, I would say this is more accurate during bear markets/ choppy conditions. Right now we're in a strong Bullrun and therefor the momentum is less news data driven and more a race for institutional buying, It's a given at this point that we're in a period of rate cuts and so that is factored into price. Altcoins have seen a recent pullback despite BTC pushing higher, this is as a result of the BTC.D chart tanking when alts took the liquidity from BTC profits and so dominance did see a correction. This latest BTC move up while alts are down is just a continuation of BTC.D continuing its surge as it always does in the Bullrun before the true altseason where alts outpace BTC after a blow-off top. This week I'd like to see BTC come through data events unscathed with altcoins bouncing off the 4H 200EMAs and starting the next leg up going into year end. by ProR353
Bitcoin Analysis StrategyIn the chart, we can see how the price fell to the support level and traded near this level for a while, then broke through this level and continued to fall to the trend line. After this, the price turned around and impacted upwards, thus reaching the 99500 level again and soon broke through it again. Later, the price traded near this level for a while, and then continued to rise to the resistance level, which coincided with the resistance zone. When the price reached this level, it first corrected and then impacted upwards, breaking through the resistance level. After that, the price hit a new ATH (108K points), then fell to the trend line, breaking through the resistance level again. Soon, BTC broke through the trend line and fell to the support level, but not long ago it rebounded and started to rise. For this situation, I expect BTCUSDT to make a small correction and then continue to rise to the resistance level. That's why I set the target at 105000.Longby SPPOK1Updated 5
BITCOIN - Potential Correction AheadBitcoin has been on Bull run for past few weeks and has tapped the ATH level. In order for the move to continue, it requires correction and as far as the above resistance holds, we should see a correction that can go as deep as 70k mark. Therefore please be mindful of potential drop. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice. Shortby MarketsPOV3
BTC - 1H a Pullback scalp with RSI RSI divergence at the top of the ascending channel hints BINANCE:BTCUSDT may hunt liquidity at lower levels before tomorrow’s FOMC news. BITSTAMP:BTCUSD Shortby Sober_TradingUpdated 4