BTC/USD Short: FibCloud Rejection and 200MA TargetOn the 8-hour BTC/USD timeframe, I have executed a short position following a clear rejection from the FibCloud, signaling strong resistance at this level. The price action showcases a classic flip of old support into new resistance, further solidifying bearish momentum.
My target for this trade is the $90,000 price zone, aligning with the 200MA on the 8-hour chart. Additionally, order flow data confirms significant sell-side activity, with large orders clustered between the $90,000 and $89,000 levels, providing further confluence for this setup.
The trade is structured to capitalize on the retracement move, with the potential for price consolidation or reversal upon hitting the $90K psychological and technical support zone.
Technicals:
• Entry Trigger: Rejection from FibCloud and resistance flip.
• Target: $90,000 (aligned with the 200MA and key order flow levels).
• Stop Loss: Positioned above the FibCloud to mitigate risk.
• Order Flow Insight: Large sell orders between $90,000–$89,000 add weight to the bearish scenario.
This setup emphasizes a disciplined approach to risk management, leveraging technical and order flow alignment for optimal execution. Stay sharp, and remember to pay yourself!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Bitcoinlongtermanalysis
Retail and pros diverge while bitcoin mulls $100kBitcoin is tantalizingly close to the elusive $100k target - a level which has been thrown around, literally for years, by bitcoin visionaries. And it looks like it will finally get there. Yet with prices rising while real-money accounts derisk from the original-flavoured crypto currency, which crowd should we follow?
MS
Bitcoin vs Halving vs US Election DatesLook at the history. Bitcoin bull cycle start after Halving event & US election. So accumulation period is prior to halving event and we can sell bitcoin after 1 year from the date of US election. As of historical data, the best time to sell bitcoin will be around November, December 2025.
Disclaimer : The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
I'm light years away from everyone this was said September 30th
On September 30th I posted that the last panic sale for bitcoin was a healthy pull-back and that it's just a panic sale
People trolled me for that because they aren't traders they are gamblers
And I've posted multiple time after that(check my profile) borderline begging people to buy Bitcoin for easy profit at least 5% now we are at more than 7% in 3 days
Now is your chance buy as much as you can and follow to get the perfect exit point
Remember! Remember! The 5th of November!Thursday... the 5th of November 2020... CRYPTOCAP:BTC pumped nearly 7% in one day.
We were 30ish days into the parabolic phase of the 3rd bull cycle for #Bitcoin.
It was trading at $14,911.
The holders had no idea that CRYPTOCAP:BTC would continue to climb an additional 335% over another 5 months, reaching a local ATH of $64,895 on April 14th 2021.
Here we are on September 6th, 2024. CRYPTOCAP:BTC dropped to $52,546 or (-3.8%) for the day.
Septembers are a sore subject when it comes to financial markets and Bitcoin in particular.
Across the Post-Halving years, CRYPTOCAP:BTC will drop -2% historically.
Considering CRYPTOCAP:BTC has tested local lows across the 5th and 6th of the last 3 months;
July 5-6th low: $53,499
August 5-6th low: $49,050
September 5-6th low: $52,546 (so far)
It is almost like someone is trolling the Holders...
The focus of this chart is to consider the above and the following.
Have we found our local bottom this early in September? ($52,546)
How will Bitcoin react to the upcoming 25 bps Fed Rate cut? ($50,000 vs $60,000)
Will our price position entering the parabolic phase affect the overall gains over the next 6 months? (90% vs 480%)
Where will our new ATH fall next April/May? ($100,000 vs $305,000)
Let me know how bearish or bullish you think the future of Bitcoin is.
"Powell and Trump's Pump" & New Study Showing BTC Fractal TargetWe had a nice pump in the markets today, stemming from J Powell's comments from Jackson Hole signalling not only one rate cut coming in September, but likely multiple (not priced in).
RFK also kinda sorta endorsed trump but still kept the Hail Mary option open for him to still get elected (Don't hold your breath, although I'd love to see that. RFK had a great speech at Bitcion 2024 and is a good man, but doesn't have the votes).
Markets reacted positively and some are boldly saying 'The Bull Run is Back'. 🚀
We shall see.
Students of Hurst's Market Cycles will also note that this week (tomorrow the 24th preciely) should be the weekly cycle low, so that could also be a contributing factor.
In this video, I briefly review the NASDAQ:IBIT chart showing one open unfilled gap lower (this can take awhile and so this is still on the table) as well as the new BTC fractal study I mentioned.
(But I forgot to share the DXY chart showing that we're testing the important 101 level, which is looking like it's going to cut right through it like a hot knife through buttah).
Most interesting...
Check out this fractal overlay I pulled from earlier in the year, showing the possible path of Bitcoin higher, and that almost exacly lines up with current / previous trendline S&R as well as my Fibonacci price target of $150, which you can review in some of my other posts here...
Finally seems like we'll have the wind at our back soon.
While this was a nice breeze, I'm going to remain cautious and wait for confirmations higher to go 'all in'. For me, that's seeing confirmed closing price action above $74k.
See the video for some specific / excact entries.
If you'd like me to cover anything in future videos, leave a comment below.
Thanks again to the TradingView team for choosing my last video as 'Editors Pick' today! 🚀🚀
Keep up the good work guys!
Major BTC Bulltrap? Another leg downwards! BTCUSD Index Analysis OF Very Probable reversal and new downtrend continuation
Reasoning goes by the points I've made below
DOUBLE-TOP that happened at May 20th and June 24th AT 71940 BITSTAMP:BTCUSD
Further major and strong Order Block (4H OB) at 67700-68400 BITSTAMP:BTCUSD level
This recent move, that has been happening since July 19th, has sweeped old Liqudity area that previously formed mid-trend and formed DOUBLE TOP that happened at June 14th & 17th
Additionally, June 20th Liqudity Run, that formed a Lower Timeframe Breaker Block, which was recently used as support for last liqudity area, just got swept (at the time of writing 20:52 utc +3).
All of above coinsides with 0.236 Fibonaci retracement of last major downtrend that started at June 24th and ended on July 5th.
Exuberant market sentiment about recent market uptrend and additionally too many optimistic mainstream media news regarding $BTCUSD.
For last few confirmation would like to see
66300 Level - Break and Close of LTF Breaker block area
62400 Level - Another imporant level, if we break and close below, then it will only confirm all of the above.
53500 Level - future level that I watch, when we get closer to it I will do another analysis.
Bitcoin: BBW Squeeze ReturnBitcoin experiencing its tightest Weekly Bollinger Band Width squeeze since 2012.
But before we dive into this, let's take a moment to get to know Bollinger Bands , which are a common tool in trading. These were created by John Bollinger back in the early 1980s to help us understand price volatility better.
So, what makes up Bollinger Bands?
If you'd like a visual, check this out:
- The Middle Band: Typically, it's a 20-period simple moving average (SMA).
- The Upper Band: This one is calculated by adding twice the 20-period SMA's standard deviation to the middle band.
- The Lower Band: And the lower band is found by subtracting twice the 20-period SMA's standard deviation from the middle band.
Now, let's talk about the Bollinger Band Width.
You can see it here:
This Width essentially measures the gap between the upper and lower Bollinger Bands. If it's narrow, it means low volatility, and if it's wider, it suggests higher volatility.
Okay, back to Bitcoin and its Weekly Bollinger Band Width Squeeze.
This recent phenomenon means that Bitcoin's weekly price volatility has tightened, reaching levels not seen since 2015-2016
So, what does this tightening mean? It implies that Bitcoin's price movements are getting more constrained, which might indicate that significant price swings are on the horizon. The last time Bitcoin went through such a squeeze was almost a decade ago, and it resulted in prices skyrocketing from $750 all the way up to $19,900.
For traders and investors, low volatility might seem uneventful, but it often comes just before big market shifts. Keep a close eye on things as those Bollinger Bands start to widen out; Bitcoin could be gearing up for some noteworthy price action.
To sum it up, Bitcoin's tightest Weekly Bollinger Band Width squeeze since 2012 hints at potential price increases. As traders gear up for what's next, it's a reminder that these calm periods can often lead to some pretty exciting opportunities.
Bitcoin: Long-term analysis & major levels to watch - PART 1Okay - I've been wanting to shed some light on BTC price action for a long time so here we go:
This is a monthly chart of the last 7 years of BTC and I've started with this chart because it should look interesting to all crypto investors/traders.
Very few people talk about these purple Fibs and yet they explain much of BTC's historical price action. They are what you may want to call: the "Primeval Fibs" (or for you, milennials: the "OG Fibs"). They are the extension fibs of the first run of BTC from a fraction of a cent in 2009 to almost US$32 in 2011 (first chart below - quarterly chart - shows three key sets of fibs, including the purple primeval fibs). They start with the 1; 1.618, 2.618 levels but run all the way to the 2207 level and beyond.
((Note that if you think my extension Fibonacci sequence is a bit off above the 18 level, then know that MY set is the logical expansion of the Fibonacci multiplication factors (connecting the numbers in the Fib sequence) that start with 1.618; 2.618; 4.236 etc, and that the more familiar set (the one that awkwardly morphs from the multiplication factors into the Fibonacci sequence itself) is the weird version. Just sayin'...))
Anyhow, what I'd like to note is the recent ATH perfectly stopped at the 2207 level of the Primeval Fibs set. Freaky, right? To think that extensions from the first run to $32 still have some influence on BTC price action today... But as you can see above, the price action from the last 7 years acknowledges these Primeval Fibs quite nicely.
That is: with the notable exception of the period leading up and immediately following the 2021 ATH. Not sure why this nice patterns broke down there. But of course we should understand that price action in the real world is governed by quite a bit of chaos. Sometimes bouncing of a 100 day average, sometimes a Primeval Fib and sometimes just for no apparent reason at all.
You can really apply these extension fibs to any nice move in the chart. In the second chart below (weekly chart) I've used two other old fib sets that I think have also helped shape the BTC chart and both appear to have influenced price action during the 2021 ATH period... So it's never as easy as you think, but really getting into a chart and back-testing Fibs does help you trade smarter.
So what's next for BTC? I'll get into that and my hypothesis for why I think ALT coins will outperform over the next three months in Part II. Happy trading!
DON'T FALL FOR IT!! Can you tell me what's next?Every #Bitcoin consolidation since the bottom has had 3 things in common...
1. Each time, it has created a "retail" pattern, such as a wedge.
2. The pattern seemed to #breakout (signaling traders to go long and becoming trapped), only to realize the move as a #fake-out back into the pattern.
3. Then, there seems to be a continuation to the breakdown of the pattern (liquidating late longs and signal traders to go short and becoming trapped), only to deviate back into the pattern just before a massive move to the upside (liquidating the late shorts).
This false move to the downside, so far, has also always correlated to the bottoming of the #StochasticRSI.
The market makers want your bags and this is how they get them.
------
Tell me what comes next... 😏
Bitcoin trend for Cycle-Top prediction.I noticed a trend that kept repeating in every cycle with high accuracy.
There seems to be a support trend-line during bull markets, and if we extend this line to the next cycle, it always predicts where Bitcoin will top (By the end of the cycle).
Assuming this cycle ends in November 2025, Bitcoin peak between $250,000 and $270.000.
I also acknowledge that the Bitcoin ETFs might affect this trend and Bitcoin could top at a much higher price level.
THE GREATEST TRADE OF THIS DECADE! BITCOIN TO 1M! Greetings!
This is my long-term analysis of bitcoin based on the logarithmic chart.
I notice that there are price patterns that are repeating.
1.March 2013- September 2013
1.January 2015-September 2015.
2. November 2013-August 2015.
2. January 2021-August 2023.
3. April 2020-November 2020.
3. January 2023-August 2023.
I bet bitcoin would do the same pattern from September 2015 to December 2017, in the next few months. If so, we could see bitcoin at 1 million dollars by December 2025.
Buy SPOT TRADING and HODL until up December 2025.
I will be updating this idea.
We're early...
JB.-
Bitcoin Surges Towards $100,000 as All-Time High LoomsIn a bullish run that seems unstoppable, Bitcoin (BTCUSDT) is currently trading at a staggering $72,000. This places the world's most popular cryptocurrency on the cusp of a breakout from its previous all-time high of $69,000.
Most Crypto analysts are now setting their sights on the next resistance level, which sits between $83,000 and $85,000. If Bitcoin can breach this barrier, some experts believe a surge towards $100,000 could be imminent.
This latest surge comes amid a period of renewed optimism for the cryptocurrency market. Increased institutional adoption, Bitcoin ETF approvals, and growing mainstream interest are being cited as key factors driving the current rally.
However, Crypto analysts caution that a period of volatility could follow a potential breakout. Investors are advised to exercise caution and conduct thorough research before making any investment decisions.
Bitcoin available scenarios 💹 © Alt-Season®🎉For me , there are two scenarios ahead of Bitcoin
1️⃣ The price will reach a new ATH and start falling from a level that only the market maker knows (Diamond) , which after the new ATH, we should look for signs of falling in lower time frames.
2️⃣ The price should be rejected from this QM level (the level in which it is located), which is necessary for Bitcoin to be sidelined for at least a month or two to clear the market maker's purchases.
📌 Fail Analysis: price goes to higher levels ( more than three-month candle ATR) without any consolidation
🥂 Still enjoy the alt season at this level
King Bitcoin is going to be ready for next falling down !!!Dear All,
Hope you have a good day!
According to chart, you can see that I understand bitcoin is going to complete last upward moving for grabbing enough liquidity for its next falling down wedge if price could not break the 52K - 55K.
Anyway, I just want to warn you that maybe it is not so that fancy and good time now to have long positions for long term or holding purposes, It is better to wait until price straggling around 55K and see if buyers are the winners or sellers take their position back.
It is just a financial advice BUT the risks of your trades are on your own and upon your decisions.
Take care and have nice day !
Bitcoin Breakout To 48k - $50k Golden Pocket TargetAs I've been saying for months, once Bitcoin broke and closed above $32k price would increase quickly.
The Head & Shoulders pattern that was forming was also invalidated, so the new uptrending channel is intact and headed to the Fibonacci Golden Pocket range of FWB:48K -$50k potentially in 2023.
We'll likely see profit taking pullback here.
But then we're headed firmly higher going into the halving.
I'll post another chart next showing my 'Likely, Probably, and Possible' targets for Bitcoin.
I'm seeing some very interesting confluence with a macro bull-flag measured move that coincides very closely to the 3.618 Fibonacci target for the next bull run, around $212K.
Also of note, our custom 'Radar' signal is showing Green for ALL long-term time frames (Daily, Weekly, Monthly, Quarterly). This is a clear signal to me that we're heading higher here now.
Bitcoin Next Move ?Pair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line. It has completed " 12345 " Impulsive Waves and making its Correction. We have Strong Divergence we can Look for Short If it Breaks Lower Trend Line Otherwise Trend is your Friend
Bitcoin's Bull Run and the Anticipated Correction: A Strategic FBitcoin's price is on the rise, and it looks like it might reach somewhere between $48,000 to $50,000 soon. People are excited, but smart traders are watching closely. They know that when a new Bitcoin ETF starts, it might cause a big change. The saying 'buy the rumor, sell the news' means that people often buy before a big announcement and sell right after, taking their profits.
We're also seeing signs that the price might not keep climbing forever. The RSI, which is like a speedometer for price momentum, is showing that the price is going up but the energy behind it is slowing down. This usually means we might see the price start to drop a bit soon, which we call the fourth wave.
But there's a bigger event coming – the Bitcoin halving, when the reward for mining new Bitcoin gets cut in half. This usually leads to an even bigger price change. After this drop or 'correction', we expect the price might start going up again in what we call the fifth wave.
#Bitcoin - thoughts out loud #12Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Work plan.
Because it is necessary.
There may be a slight deviation.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)
My thoughts on Bitcoin Macro LevelYou are looking at the weekly timeframe of Bitcoin.
Analysing After the recent move in Bitcoin I think BTC will consolidate in between 40k and 44.5k for pretty much long time and alts will get their time to make their move along with it.
After that i expect it to go lower from here upon breakodown of 40k level towards 30k and i think 30k level will be a good buy and it is not going any lower below 30k at all..
I did cut many levels and areas from the chart to make it look pretty simple and i believe the ideal scenario of 44.5k--->30k-->new highs is going to happen.
The analysis is based on high time frame and is my own personal opinion and thoughts.
Note: Not a Financial Advice.
BTC range continuation VS long squeeze"Bitcoin continues to navigate within a tight range, presenting a classic scenario of range continuation. However, traders should be cautious of a potential long squeeze, given the current market dynamics.
As BTC hovers around key resistance levels without significant breakthroughs, the accumulation of long positions might lead to a sudden downward price movement if these levels fail to hold. This scenario could trigger a long squeeze, where long position holders are forced to sell, exacerbating the price drop.
Key levels to watch:
Upper Range Resistance: 44k
Lower Range Support: 40.5k
A break below the lower range support could confirm the long squeeze scenario, potentially leading to sharper declines. Conversely, a sustained move above the upper resistance might invalidate this and set BTC for a bullish trajectory.
Stay vigilant for any signs of volume increase and market sentiment shifts that could precede such movements. This period requires a balanced approach, weighing the potential for continued range-bound trading against the risks of a long squeeze."