Bitcoinidea
THE $BTC CYCLE LOW MIGHT BE IN ACCORDING TO FIBONACCI!CRYPTOCAP:BTC successfully retested the Fib Golden Pocket on the monthly, which could signify the end of the retracement in Bitcoin's price before breaking the All-Time-Highs. What do you think? Do we make a new ATH from here or does BTC end up making a lower low? Everything is possible in Crypto..
More pain before we SoarHere in this chart, I have mapped out the price points to keep an eye on. I like the 53k-55k range and believe it is extremely bullish for us to stay above it but the longer we linger here... the more likely we are to break down. Down would be to 48k support which is not as strong as some may think. I am still keeping an open mind to the possibility of an event where we don't have a normal cycle that rallies into the next year post-cycle but instead a drastic dip back down to reality at 38k - this is also a worst-case scenario and possibly the disbelief phase of the cycle. Or I can always go with my gut and say that we already had a short-lived bull market these past few years.
Sep 18, 2024 Short term bitcoin analysis Bitcoin has broken the falling trend channel in the short term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The currency is approacing resistance at 61400 points, which may give a negative reaction. However, a break upwards through 61400 points will be a positive signal. The currency is assessed as technically slightly negative for the short term.
Sep 17, 2024 Short term bitcoin analysis Bitcoin has broken the falling trend channel in the short term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The currency is testing support at points 58000. This could give a positive reaction, but a downward breakthrough of points 58000 means a negative signal. The currency is assessed as technically neutral for the short term.
Bitcoin Breaks $60k: How Rising Global Liquidity is Fueling the Good Morning Crypto Friends and Investors,
It's an exciting time in the market—Bitcoin (BTC) is back over $60k and has successfully reclaimed the 200-day EMA. The price is following the bar pattern we discussed last time, maintaining a steady trajectory for continued upward momentum through the end of the year, especially with global liquidity levels on the rise, as illustrated in the chart below.
The global liquidity trend is visible on both daily and weekly charts, with indicators like the Hull Suite, Donchian, and the Rate of Change (ROC) all trending upward.
What Typically Happens When Global Liquidity Rises?
Historically, when global liquidity rises, it often sparks upward trends in financial markets, particularly in assets such as stocks, commodities, and real estate. Increased liquidity means more capital is available, and central banks or financial institutions may inject funds into the economy, often by lowering interest rates or implementing quantitative easing (QE).
Key Market Trends Associated with Rising Liquidity:
- Asset Price Inflation : As liquidity increases, investors typically move capital into higher-yielding assets such as stocks, cryptocurrencies, or real estate. This capital influx drives up the prices of these assets, sometimes creating asset bubbles.
- Lower Interest Rates: Central banks may lower interest rates to stimulate economic activity, making borrowing cheaper for businesses and consumers. Lower rates also make bonds and other fixed-income assets less attractive, pushing investors toward riskier assets like equities. Globally, this trend is already in motion, and it's anticipated that on September 18th, the U.S. Central Bank will follow suit with a rate cut, expected to fall between 475-525 basis points (bps).
- Weakening of Currency Value : With more money circulating, currencies can weaken, particularly during aggressive QE periods. As currency values decline, inflation may rise, reducing your purchasing power. I highly recommend reading my article, "Why You Need to Invest," or watching my corresponding YouTube video for more information. Remember, when fiat currencies lose value, hard assets like real estate, Bitcoin, and gold tend to increase in value, so it's wise to plan accordingly.
- Increased Risk Appetite: Rising liquidity and falling interest rates encourage investors to take on more risk, driving up stock market valuations at a rapid pace. If you're looking to capitalize on this risk appetite, platforms like Robinhood and ByBit offer margin accounts that allow you to borrow within your investment portfolio, increasing your exposure to both growth and potential loss. Be cautious when using margin or leverage, as global liquidity is cyclical. Eventually, QE will give way to quantitative tightening (QT), and you could risk losing your gains.
- Commodities Rally: Commodities, such as oil, precious metals, and even Bitcoin, often rise in response to increased liquidity. Investors view these as a hedge against currency devaluation and inflation. Bitcoin, with its dual role as both a commodity and a tech-like asset, tends to perform well in both risk-on and risk-off environments. In my opinion, having some Bitcoin in your portfolio is always a good strategy.
Risk Update:
I'll be honest—during the last cycle, I convinced too many people to invest in cryptocurrency and Bitcoin because I, like many others, believed in the supercycle theory and anticipated even higher prices. This time around, I’m taking a more measured approach. As long as prices and indicators support a bullish case, I’ll continue to advise my friends and followers accordingly. However, as we approach the market’s peak, I will be sharing strategies for taking profits. You can read more in my article, "A Strategic Approach to Bitcoin," (substack.com) or watch my YouTube video, “Bitcoin's Next Big Move: My Strategy Revealed!” I’ll revisit this topic when it's more immediately relevant, but for now, fear and greed indices remain borderline fearful—this is the time to buy. A few months from now, the risks will be higher, and potential gains will be smaller.
Indicator Update:
Risk Level: Zero (Bullish)
Puell Multiple: 1 (Bullish)
Mayer Multiple: 2 (Bullish)
Bollinger Bands % (BB%): 0.35 (Bullish)
Hash Ribbon: Still trending higher (Bullish)
In Summary:
Global liquidity is on the rise, rate cuts are looming, and historically, these factors lead to significant earnings potential. Don’t wait for the FOMO to set in—our indicators and projections are tracking well, and there's substantial profit to be made if you act according to your risk tolerance and financial plan. Always consult with your financial advisor before making any investment decisions, and discuss your strategy to see what aligns best with your long-term goals.
Godspeed, and good fortune.
--Complete article found here: substack.com --
For more insights, please visit my webpage at linker.ee/pcalzolaio. I look forward to sharing this journey with you all.
#FIRE #FREEDOM #BITCOIN
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.
BTCUSD - BULLISH.Bitcoin looks interesting (well at least to me). It seems that it is ready to go in a bullish run. Waiting for opportunity to go bullish once price pullback to the 58,800 area. Immediate target is around 61,200 area and larger target is around 65,000.
Like and follow if you agree with this idea. Happy profit day!
when moon sir? 69k when bear sir? 37666.33red lines - sell or watch zone for bull trend continuation
orange lines - touch already
green lines - accumulation zone (with DCA)
BULLRUN confirmation after 69000 retest (at least on small tf).
BEARMARKET? we don`t talk things like this here :)
But personally i think that we have around 40% chance for a new low under 47000.
Altcoins? other story...NOV or next year
#BTC/USD ROADMAP to $93000! Stay Strong, Know the Plan!Hello everyone, first off, stay strong—things are going to improve soon!
Many people are confused right now and might get liquidated, eventually leaving the market and regretting it later. But not you! You have access to this information.
Take your time to read and understand the current situation fully.
Special Thanks to my close friend Adison for the valuable insights he shares with the community and me!
Please HIT that follow to stay ahead and like this article if it helps!
Key Bottom Ranges to Watch For
There are two high-confluence zones to look out for that could signal a strong bounce and an upward move:
• 50,521 - 50,901
• 46,216 - 46,930
These ranges represent higher timeframe (HTF) bottoms for the overall HTF trend. There’s a good chance that we could see a reversal within one of these zones, leading to a potential upward move.
However, if these levels don’t hold, we might see a deeper extension into the 37.7k - 43.5k range, which is an attractive liquidity zone. But this lower range only becomes relevant if the higher ranges fail to hold. That said, both of the above ranges are strong support levels and could propel the price back to all-time highs (ATH) of 70k - 72k or even higher, potentially reaching 89k - 93k.
Currently, we’ve already hit 53,400, a key level that’s holding off a potential sharp drop. If we lose this level, we could see a rapid decline to 3k. (Current price: 53,627)
Be prepared! We’ve already touched the 52,550 level, which is acting as major support. If it breaks, the ranges mentioned above become the most likely areas for a bounce, although the 52k range could still hold. However, I’m not counting on it, as we’ve previously sliced right through that level.
Additional Market Update:
• BTC is up 68% in volume.
• ETH is also up 68% in volume.
Both BTC and ETH have seen significant buying activity during this dip, especially since yesterday, with most of it happening today.
On the lower timeframe (LTF), the market is risky as we’re sitting at the final support zone of 52,550. Being the weekend, when mostly private retail traders are active, there’s a risk that they could get dragged down into losses, with many long positions liquidated before we move higher. LTFs are always tricky, and while volume is still low, pumps are easy.
I believe that the 52,550 support won’t hold through the weekend.
We’re likely to see the above-mentioned levels by the end of the weekend or early next week. Once those levels are reached, the market should stabilize, bringing a healthier, less choppy environment.
So it's just about a couple of weeks. Stay strong don't do anything stupid, I'll come up with more information very soon for trade setups on Altcoins.
Stay tuned and make sure you follow me.
HIt the like if you like it.
Thank you
#PEACE
BTCUSDT The important support level at $53,600 should be kept for now.
If the price reclaims $55,500 and consolidates, this will open the gates for $60,000
If Bitcoin loses the $53,600 support and the price consolidates here,. $52,000 - $50,000 is just a matter of time.
At worst, Bitcoin will retest $48,000 - $46,000
$IBIT Gap Filled As Forecast (New Leading Bitcoin Indicator?)Proof that this works?
So far it's 100% accurate.
Every single 'Gap' on the NASDAQ:IBIT 4-Hour chart has filled.
Refer back to my prior videos showing this, and while this does NOT mean it will continue to work forever... It's certainly a curious anomoly.
And likely works based on the same principals as the CME gaps which typically fill 99% of the time (There's still an unfilled gap on the Bitcoin CME at $9750 as I recall). But who's counting.
Going forward, I'll be using this as an additional guide to where price may be heading and potentially reversing to, before resuming trent.
Like and share this with your other trader friends, as this has been very interesting to monitor!
#BTC/USDT Bounce Incoming! Futures Trade Setup!#Bitcoin : 10/10 So far! Bounce seems highly likely at this level.
RSI Bullish divergence in the hourly chart.
But of course, no one knows for certain in this kind of market!
Invalidation:- Daily close below $54018.18!
If you're looking for a swing Trade, $54890 to 56150 is a good range to accumulate long on spot!
Futures Setup Here:- There's a higher chance of this setup getting invalidated if we lose 55500 again so be careful to try to keep your entry as low as possible to keep your Stop Loss small.
Always use leverage below 5x!
Entry:-
$56150, (50% entry)
$55700, (20% Entry)
$54890 (30% Entry)
Targets:-
$57155
$57855
$58200
$59544
Stop Loss:- $53854
This is a risky trade so always do your research this is not financial advice.
Do hit the like button if you want me to post more!
Thank you
PEACE
#BTC/USDT Urgent Update!### BTC/USDT Technical Analysis (1D)
**Overview:**
Bitcoin is trading below the 50, 100, and 200 EMAs, within a descending channel, indicating a bearish trend. A break above these EMAs could trigger bullish price action.
**Key Points:**
- **Resistance:** $61,802 (channel top), $60,364.
- **Support:** $54018, 47,710, $43,882.
- **Invalidation Level:** $54,018 (daily close below).
**Scenarios:**
1. **Bullish:** Break above EMAs and channel top could target $68,000.
2. **Bearish:** Failure to break above EMAs and a close below $54,018 may lead to a drop towards $47,710 or lower.
**Conclusion:**
I think the price must break soon in the next few weeks, likely following our scenario with the blue forecast lines. Watch for a breakout above the EMAs for bullish potential; otherwise, expect further downside within the channel.
Do let me know what you think in the comments section and please hit the like button.
Thank you
#PEACE
$BTC Pi cycle top analysisCRYPTOCAP:BTC 's 5-days chart with the Pi-cycle top signal. The red moving average is the faster MA and green is the slower MA.
You can see that for the past 2 cycles, after the Pi cycle top signal fired, the slower MA will eventually slope down and after some time, it will begin to slope up again. When the slower MA slopes up again, it is typically a good idea to accumulate CRYPTOCAP:BTC when price is under the faster MA. You then take profit when the Pi cycle top signal fires again.
CRYPTOCAP:BTC is currently under the faster MA, will history repeat itself once more? 🤔
BITCOIN (BTCUSD) Bearish Confirmation? Oops!Like Ive mentioned in my previous BTC analysis, that $61,500 was critical zone and if it drops below that level, we will see further downward movement and this is exactly how it turned out.
The SHORT position targets are marked on the chart using the Risological swing trader.
Stay safe and all the best.