btcUSD channel , no position m just observing whether it breaks This is the latest channel BTC is in . Watching to see if we reject from resistance or we break through.by TRIFRACT3
BTC Surge Continues on Strategic Reserve Signals & World LibertyBINANCE:BTCUSDT continues with the price action today, opening up oportunities for fast acting traders to cash in on both short and long positions. Cheer up Habibi! Its going to be a great rider for BTC as American President embraces BTC like a big American flag he likes to hug. The crypto industry continues to respond from signals from our old man Bitcoin even as he shows some age, but no indication of slowing down in a rapid charge towards a glorious new administration supportive of crypto investors and financial firms. Geopolitically aware investors in Western Asia will be bright to keep a keen eye on the moves of Trump affiliated investing firm, World Liberty Financial, who is filling up their water carriers with millions in GEMINI:ETHUSD - GEMINI:AAVEUSD - GEMINI:LINKETH to prepare for something we are all curious about. Stay tuned for breaking news and updates on World Liberty and POTUS47 related investments. With chart pattern "Wolf howling at winter's full moon" clearly showing above, CRYPTOCOM:BTCUSD is the oasis from which we all find water in the desert. Know this, and know it in all rooms of your house - all surrounding tokens will grow green and prosper in this active & rich environment. Stay tuned traders, and keep your alerts tuned and ready. The Bitcoin water will only nourish every trader who passes by this sweet oasis of wonder. Hear the wolf's call and plant many seeds. Remember Habibi, the desert tests your will, not your strength. www.bloomberg.com coinpedia.org thecryptobasic.comLongby LawrenceOfCoinrabiaUpdated 1
BITCOIN SHORT AFTER END BIG AB=CD +BBBITCOIN SHORT AFTER END BIG AB=CD +BB, should try to back into B pointShortby StudyWallStreet2
Key Levels Overview for the Month 12.2024🔲Key Levels Overview for the Month🔳 12.2024 Dynamic Supports🔀 97979 93819 92868 90136 Dynamic Resistance🔀 101600 103030 105566 122221 Mid Pivot (🐂bull&bear🐻 zone ch trend) 103103 87287 71471 range of supply and demand 92868 82428 71988by spacecraft112
BTCCOIN Trend Once Rise AgainBTC May Once Rise Again here is some Profit Taking Point. Here is the bullish pattern seems as a very strong Traders I'm seeing price will may here from upside because of Tomorrow CPI Biggest Momentum In market we expect Guys. I'm Seeing price will Move to Top My Resistance Zone 101K. Rate Share Your idea about BTC What's Price Going on.Longby FxJennefirUpdated 116
BTCUSD: 110K short term viewBTCUSD: 110K short term view -Inverse Head n Shoulder pattern in Daily Timeframe. -Swinging on narrow range to form the right shoulder pattern. Becareful for a shakeout/ Fakey pattern. -Logical volume (less vol will be good signals here). . Waiting for a breakout and pump soon.Longby usstockswallstreetdream4
moon leveraged idiots won't like itSame scenario we had few years ago, bearish divergence and price going up. Moon leveraged idiots, fomo and gamblers sell everything to buy Bitcoin. Everybody talks about BTC around the world not only US. Saylor, Tom Lee working ass off to bring last buyers in. S&P 500 overvaluerd AF take a look at Buffet indicator, P/S, F P/E etc, ATH euphoria is in guys next year must be brutal Shortby besikmurjikneli114
Scenario on BTC 12.12.24According to the previous scenario, I adjusted the levels a little and now it gives me a big short position scenario somewhere at the price of 93k, if we do not maintain this level, a move to the price of 87k is possible.Shortby Sony97Updated 3
Bitcoin: Master Price Action for GainsBITSTAMP:BTCUSD AlexGoldHunter Technical Analysis Using Price Action Techniques Key Levels and Zones Resistance Levels: 0.382 Fibonacci Level: $105,050 0.5 Fibonacci Level: $105,045 Support Levels: 0.618 Fibonacci Level: $104,070 0.705 Fibonacci Level: $103,700 0.786 Fibonacci Level: $103,400 Fair Value Gap (FVG): This zone indicates a potential area of interest for price action traders. Order Block (OB): Another area of interest where significant buying or selling activity has occurred. Change of Character (CHoCH): Indicates a potential shift in market sentiment. Break of Structure (BoS): Confirms a change in market structure, often used to validate trend reversals. Volume Profile The volume profile shows the distribution of trading volume at different price levels. Higher volume nodes can act as support or resistance. Indicators Relative Strength Index (RSI): Currently around 72.01, indicating overbought conditions. Moving Average Convergence Divergence (MACD): MACD lines are above the zero line, suggesting bullish momentum. Buy Strategy Entry Point: Consider entering a long position if the price retraces to the FVG or OB zones and shows signs of a bullish reversal (e.g., bullish candlestick patterns or increased buying volume). Confirmation: Look for confirmation from the RSI (moving back above 40) and MACD (bullish crossover). Stop Loss: Place a stop loss below the recent swing low or the lower boundary of the OB zone. Target: Set initial profit targets at the resistance levels (0.382 and 0.5 Fibonacci levels). Sell Strategy Entry Point: Consider entering a short position if the price reaches the resistance levels and shows signs of a bearish reversal (e.g., bearish candlestick patterns or increased selling volume). Confirmation: Look for confirmation from the RSI (moving below 68) and MACD (bearish crossover). Stop Loss: Place a stop loss above the recent swing high or the upper boundary of the resistance zone. Target: Set initial profit targets at the support levels (0.618 and 0.705 Fibonacci levels). By using these price action techniques and key levels, traders can develop a strategic approach to buying and selling Bitcoin based on the chart provided. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds by Alexgoldhunter2
Time for the break-out?LEt's see. It hit the trendline a few times now. If it breaks it will go to approx 107500 I think. After that either a retrace or a bigger drawdown to mid 80's or even 70'sby VinceHunger1
Bitcoin preparing for Final Target/Bull RunIf BTC does not go below 70k then 2025 will be the final Bull Market and AltseasonLongby capamit26
Bitcoin Weekly: $120,000 Sooner Than Expected (Trump Pump!)Bitcoin's weekly timeframe chart is pointing toward higher prices, immediately. Bitcoin's weekly chart shows strength; no signs of weakness. Last week closed red with a long lower shadow. The lower shadow is a bullish signal. This week is green and also has a long lower shadow. A Doji is neutral but this neutral candle is bullish because of the trend and the action preceding it. Neutral in isolation, bullish overall. Bitcoin is trading at new All-Time Highs while pushing higher. $120,000 is the next target and is easy to hit. The main support range was between 65,000 and 69,000. This is no longer the case. Bitcoin's main support range now stands at 80,000 and 90,000. This is ultra-strong support. Bitcoin is hyper-bullish above this price range. Bitcoin is exceedingly bullish above 100K. With Bitcoin trading above 100K, everything grows. The entire Cryptocurrency market turns bullish across all sectors. The higher Bitcoin moves above 100K, the stronger the marketwide bullish bias becomes. When Bitcoin goes sideways, this allows for further advance on the Altcoins side of the market. At this point, Bitcoin sideways is no longer needed for the Altcoins to grow. As long as Bitcoin is strong, everything grows. Bitcoin is at its most bullish right now since October 2020. Trading volume is still relatively low. This means that the real action is yet to start. There is plenty of room left available for additional growth. A negative close on the week tomorrow can invalidate some of this bullishness. If Bitcoin moves and closes below the weeks open, which is 97,260, we would have a red session and conditions can change. On a strong bullish close, higher next. The exact target for the next resistance level sits at $122,521. The "Trump Pump" will send Bitcoin beyond $200,000. This will be easy based on everything we've seen so far. Buy the rumor, buy the facts and buy the news. Buy the rumor, buy the news. This will be the new saying. ➖ Altcoins Market Update This is what I gathered by looking at hundreds of Altcoins recently. The entire market is about to move up several levels. Something like what is happening with the big projects but all across. Let me make some examples. Compound was trading at $40 recently and is now trading at $120. It keeps on growing. When the retrace happens, it goes as low as $85, for example, but never back to $40. And then it keeps on rising. So now it is several levels higher. XRP was trading at $0.5000 recently and is now trading at $2.50. When it retraces, it drops a little bit but never below $1.4, just as an example (not exact numbers). This means that it is now trading several levels higher. If there is a correction, it remains high up, never to go back down to those levels we saw months ago. Cardano is now trading above $1 and will never go back down, same with Dogecoin, Toncoin, Shiba, Bitcoin Cash, Litecoin, Avalanche, Aave, Ethereum and the rest. Ethereum is also a great example. It is now one level up and will never go back to 2K. This same dynamic will repeat across the entire Altcoins market. The Altcoins market is preparing to move up 2-3 levels, some pairs even more; the entire market as a whole. It will be amazing. Something incredible. Whatever Crypto you have, you will be sitting on a goldmine... Or I should say, crypto. You will be sitting on Crypto, many times more valuable than gold. Whatever you are holding, wait patiently... I've been looking at hundreds of charts and they all say the same; the market is about to boom, not down, a major advance everything in unison, it will be great. The last time this happened was a year ago but it was a mild-wave. This will be the strongest wave since 2021 and then we will have 1 or 2 more of these waves in 2025 if we get a standard bull-market. If we get something beyond normal, it will be much more. For example, I saw how XRP in 2021 remained within a lower high compared to the peak in 2017. The new wave will be not like 2021 but something many times bigger. 2021 was an anomaly. The next bull-market, this bull-market, will not be something usual. Nothing that is happening now is normal, we are seeing, experiencing, living through, witnessing something extra-ordinary. We are right in the mist of a major storm. We are seeing the evolution of finance, the upgrade of money and change all across the world. Old systems are dying out (Pluto) new ones are showing up. The future is now. Adapt and change. Nothing can stop nature. The only constant is change. It is kind of like a paradox... Everything is always changing, nothing stays the same. The only thing that is truly constant/permanent, is the fact that nothing ever stays the same. If something is happening now, you know it is already over because everything is always changing... And this time for the better. Bitcoin is going up. Thank you for reading. Namaste.Longby AlanSantanaUpdated 111198
Bitcoin Halving and Its impact on price growthExecutive Summary BINANCE:BTCUSDT Bitcoin’s halving events have historically marked significant milestones in its price trajectory, often serving as catalysts for substantial growth. Each halving reduces the reward for mining new blocks by half, effectively decreasing Bitcoin’s issuance rate and increasing its scarcity. This predictable supply shock, combined with growing global adoption, has led to a recurring cycle of price surges post-halving. In this analysis, I'm trying to explore Bitcoin’s price performance after each halving event, focusing on the time it takes to surpass previous all-time highs (ATHs) and reach new price peaks. Using historical data and trendline analysis, we provide insights into Bitcoin’s current trajectory following the April 19, 2024, halving, and evaluate the potential for its price to reach unprecedented levels in this cycle. Key observations November 28, 2012 Halving After Bitcoin's first halving, it took approximately 368 days to surpass its previous ATH of ~$31 (set in June 2011). New ATH (November 2013): ~$1,242. July 9, 2016 Halving Post-halving, Bitcoin took 266 days to exceed its prior ATH of ~$1,242 (set in November 2013). New ATH (December 2017): $19,764. May 11, 2020 Halving Following the 2020 halving, Bitcoin surpassed its previous ATH of $19,764 (from December 2017) in just 161 days. New ATH (November 2021): $69,000. April 19, 2024 Halving (Projected) As of December 2024, 238 days post-halving, Bitcoin has already surpassed its prior ATH of $69,000 (from November 2021) and is currently trading at $101,393. Trendline Analysis Drawing a trendline connecting the 2017 ATH ($19,764) and 2021 ATH ($69,000) reveals a potential upper boundary for BINANCE:BTCUSDT Bitcoin’s post-halving growth. This trendline indicates that Bitcoin may test the upper range, with a target price around $200,000 USD in the current cycle. Risks to Consider Macro-Economic Factors: Geopolitical events, interest rate changes, or regulatory actions could disrupt market trends. Market Liquidity: Declining liquidity could delay BINANCE:BTCUSD price breakout despite favorable conditions. Unexpected Events: Network-specific issues or technological vulnerabilities may impact price movements. Recommendations For Traders: Monitor key resistance levels and trading volumes for breakout confirmation. For Long-Term Investors: Consider accumulating during consolidation phases for optimal entry points. For Analysts: Keep an eye on macroeconomic indicators and Ethereum’s network activity to validate price movement projections. Conclusion Bitcoin’s consistent post-halving price surges underscore the significant role halvings play in shaping its growth trajectory. Historical data and trendline projections suggest that Bitcoin has the potential to reach unprecedented highs in this cycle, with a plausible target near $200,000 USD. While macroeconomic factors and market dynamics may influence short-term movements, the long-term growth pattern remains compelling for investors and analysts alike. Disclaimer: This analysis is based on historical data and is not financial advice. Cryptocurrency investments carry risks, and readers are advised to conduct their own research.Longby AdilforgoodUpdated 114
BTC Short-Term Bearish OutlookThe price appears to be forming Major Wave 5, which is part of Cyclical Wave 3 on the higher time frame. Currently, we anticipate the price is completing Wave , after which it is expected to move upward, breaking the recent high to form Wave of Wave 3. Following this, a corrective Wave 4 is likely to occur, targeting lower levels. According to Elliott Wave theory, Wave 4 often retraces to the range of the prior Wave 4 of a lower degree in the recent structure. Based on this guideline, our potential targets are as follows: Targets of wave : 1st target @87,358 2nd target @83,00 3rd target @78,900 Targets of wave 4: 1st taget @89,200 2nd target @83,485 3rd Taget @78,468 By El- Sayed Owaidy, CETA, CFTe Founder of The Egyptian Academy for Elliot Wave “EAEW” Shortby Market_Minds_SMUpdated 4
Bitcoin’s $100K Showdown: Will Bulls Hold the Line?Hello Intrepid Traders , We have here the 1 Hour Chart of BTC/USD pair on Coinbase. Bitcoin is navigating a critical point in its 1-hour chart, trading within a well-established ascending channel while hovering near the psychological $100,000 mark. The RSI has dipped near its oversold support zone, historically signaling potential reversals, but bearish divergence looms. With the 50 and 200 EMA providing dynamic support, is Bitcoin primed for a breakout or a deeper pullback? This analysis dives into the RSI, price action, and critical support and resistance levels to uncover what lies ahead for the king of crypto. 1-Hour Chart Analysis Key Observations RSI: The RSI is near 50, indicating market indecision. The green RSI zone marks historical oversold levels, signaling potential bullish reversals if touched. Price Action: Bitcoin is trading within an ascending channel with clear higher highs and higher lows. Support Levels: $100,000: Strong support near the channel's lower trendline and 200 EMA (red). Resistance Levels: $103,000 - $105,000: Key channel resistance and short-term target. EMA Analysis: The 50 EMA (green) is above the 200 EMA (red), signaling short-term bullish momentum. The 200 EMA ($100,000) acts as critical support. Scenarios and Suggested Actions Bullish Scenario: If RSI moves above 50 and the price holds above the 50 EMA, Bitcoin is likely to test $103,000 - $105,000. A breakout above the channel could push the price to $107,000 or higher. Bearish Scenario: If Bitcoin breaks below $100,000 and the RSI dips into the green oversold zone, expect a retracement toward $97,000 - $98,000 or lower. Action Plan: Short-Term Traders: Buy on a breakout above $101,000 with a target of $103,000 - $105,000. Sell or short on a breakdown below $100,000, targeting $97,000. Long-Term Investors: Hold or buy more at $97,000 - $100,000 for long-term gains. Final Thoughts Bitcoin is at a crucial juncture. While the ascending channel and the RSI’s green zone suggest potential for a bullish rebound, the indecisive RSI near 50 and critical support around $100,000 mean the market could swing in either direction. Traders should monitor the RSI closely—if it rebounds above 50, expect bullish continuation toward $105,000 or higher. Conversely, a breakdown below the channel’s support near $100,000 would signal bearish pressure, with targets around $97,000 or lower. Whether you’re bullish or bearish, this is a time for careful planning. Dynamic supports like the 50 and 200 EMA can provide good entry points, but risk management is key in this volatile zone. Leave your questions and comments below. More power to all your trades! Intrepid Trader 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.by RSibayan221
Bitcoin could retest 4hr 200ema and then run hard!I think a small pull back is likely, we are so close to the 200ema and perhaps it will converge with up-sloping and down-sloping resistance for a volatile reaction. Not financial advice, DYOR by ChartProphet113
BITCOIN WYCKOFF accumulationscenariocast! IF that is what is occuring ... the #BTC price over the next few months could follow something similar to what I have drawn in a #Wyckoff re-accumulation range and breakout. With the recent price action being a false breakdown before recapturing the range and proceeding to reach previous levels of resistance. Let's see if this occurs, sentiment reached rock bottom last week. SO I would not be surprised!Longby BallaJiUpdated 3329
BTC - start LEGI think that with this situation, the drawn trend line and the price ceilings that are approaching each other, Bit is slowly approaching the end of its rise and Ethereum will become the market leader.by hrmbn87Updated 113
BITCOIN - Sell Idea (Short-term)After hitting the 100k mile stone, the Bitcoin's upside trend had started to fatigue. The following breakdown below the key-level support of $97,585 was our trigger to jump into a short position. The next big key-level support is at $92,950, our official profit target.Shortby BulletproofTradersUpdated 1
BTC lookin a little toppy - Wyckoff distribution BTC Daily ChartJust noticed this wyckoff distribution on the BTC Daily chart. Combined with the pinbar forming on the daily i think we are putting in a local top here Hope im wrong but been seeing a market wide correction coming for a bit now Buckle up this could get crazyShortby Wealthfreq2
BITCOIN STILL BULISH WEEKLY CANDLE Still weekly candle showing bulish no rejection any ! i'm personally see BITCOIN in buy side BC market rejection declined from 96.500 again closing weekly candle in buy side so soon BITCOIN will hit 104000 106000 same area is target Shortby Mr-NicholsUpdated 3
Bearish divergenceCould be a drop before the next leg up. I'm bullish on BTC long-term over the next year, and I do think it will pump in DEC, but short term looks bearishShortby Shaun_PolandUpdated 5