BTC - This Christmas is NOT different!Hello TradingView Family, this is Richard, and I want to wish you all a Merry Christmas.
I hope you enjoy this Christmas-themed idea.🎄
💡Can you spot a pattern here?
As shown in my last two Christmas posts (attached to the chart), BTC broke out of consolidation and surged by around 70%.📈
I believe this Christmas will be no different.
For the next bullish wave to begin, a break above the orange zone is needed, which aligns perfectly with the $100,000 round number.
What do you think? Will this Christmas follow the structure of the past two years, or will it be different and lead to a deeper correction⁉️
📚Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
Merry Christmas Everyone 🎄
~Richard Nasr
BTC-D
BTC/USDT: Breaking Free from a Descending Broadening WedgePattern Breakdown:
Descending Broadening Wedge:
Characterized by lower highs (LH) and lower lows (LL), this pattern reflects increasing volatility and a potential exhaustion of selling pressure.
Historically, these patterns often resolve to the upside as buyers reclaim control.
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Current Structure:
BTC has bounced from the lower boundary of the wedge, showing signs of a bullish reversal.
The price action aligns well with the theoretical breakout strategy depicted in the diagram, highlighting a high-probability long setup.
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Key Levels to Watch:
Immediate Resistance: The upper boundary of the wedge around $98,000 serves as the first hurdle.
Breakout Target: A successful breakout above $98,000 could push BTC toward the highlighted supply zone at $101,200-$102,000.
Support Levels: Critical support rests near $93,500, where bulls need to maintain control to preserve the bullish outlook.
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Momentum Indicators:
Volume: A noticeable decline during the wedge's formation suggests consolidation, often preceding a strong breakout.
Relative Strength Index (RSI): The RSI is turning upward from oversold levels, signaling increasing buying pressure.
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Trade Setup:
Entry: Watch for a confirmed breakout above $98,000.
Targets: The first target lies at $101,200, with the potential for further upside toward $105,000 if momentum sustains.
Stop Loss: A break below $93,500 invalidates the bullish scenario.
Bitcoin can little correct and then continue to grow in rangeHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price declined to the resistance line and rebounded at once and made impulse up. BTC rose to a support level, which coincided with the buyer zone, but firstly it made a small correction and some time traded below the 92500 level. Soon, the price broke this level, after which it started to trades inside the range, where it at once made a retest and tried to grow, but later corrected the support level. Next, the price continued to move up and reached the resistance level, which coincided with the seller zone, after which corrected the resistance line. After this movement, BTC at once rebounded and rose to the seller zone and even higher, breaking the 103500 level. But soon, the price turned around and dropped to the support level, breaking the resistance level with the resistance line. Then the price turned around and a not long time ago started to grow. For this reason, I think that Bitcoin make a small movement down to almost the support level and then continue to grow to the 103500 resistance level inside the range. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
Bitcoin: Time To Remove The Party Hats?Bitcoin may be on the verge of compromising the 90K support which I will interpret as a sign that the next broader corrective cycle MAY be beginning (Wave (IV)). IF this is the case, you can remove your Bitcoin 200K party hats for at least a YEAR or two. Gold had a similar outcome a few years back and persisted in a consolidation for two years before it broke out. A corrective cycle does NOT mean Bitcoin is going back to 50K (anything is possible though). It just means a prolonged consolidation may be on the horizon which will provide swing trade and investment opportunities for those who know what to WAIT for.
The arrow on the chart points to the 92K support that is in play at the moment. At as long as 90K is not broken, I anticipate at least one more attempt to test the high. This short term up leg is likely to test the 100K area. IF the higher high (break of 108) does not culminate from the next price advance, then it would be wise to reduce risk, lock in profits and LOWER expectations until bullish short term price structure can rebuild itself.
IF 90K is broken, the next inflection point on this time frame is the 86K area. Great profit objective for those bold enough to short this thing. If 86K is cleared, then its the low 80K area. Again this is one scenario of countless, the key is confirming the price action that supports this possibility, NOT to expect it. This is NOT a forecasting game, it is a interpreting and adjusting game.
With the major holiday week on the horizon, it would be best NOT to expect a LOT of action. Volume typically declines, and movements become very muted or you can get slow grinds that just stubbornly persist to some key level. Either way, it is usually best to avoid such markets, ESPECIALLY if you look at smaller time frames.
As far the the highs at 108K, anyone that bought anywhere above 100K is NOW at the mercy of the market. This is why I always warn my followers about buying into highs. Chances are you won't take your profits when the peak unfolds because you won't know its the peak until WAY after the fact. When I hear about people who have NO idea what Bitcoin is, now interested in "investing" in it, that screams THE PARTY IS OVER, for now. The best times to get in are usually when no one is paying attention, and for Bitcoin and the alt coins, that seems to take about a year or two from the peak. If you can't take the heat, don't play with fire (or Bitcoin).
Thank for you considering y analysis and perspective.
Bitcoin is Ready to Pump Again==>>Short-termBitcoin ( BINANCE:BTCUSDT ) moved as I expected yesterday.
Bitcoin is moving near the Ascending Channel's lower line , Support lines , and Potential Reversal Zone(PRZ) .
According to Elliott's wave theory , Bitcoin seems to be completing wave 5 .
I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ) and Support zone($95,000-$93,500) .
⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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PNUTUSDT → Double bottom. One step away from a rally BINANCE:PNUTUSDT.P accumulates good potential for possible growth by 30-50%. After a strong fall (Dump), a reversal pattern appears on the chart.
Against the background of bitcoin standing still, pnut forms a double bottom and enters the rally phase. There is resistance at 0.75 ahead. If the coin can break this zone and keep the defense above the level, the coin can fly to 1.0 in the short to medium term.
Resistance levels: 0.75, 1.0
Support levels: 0.6
If the bulls can overcome the strong resistance of 0.75 and can consolidate above this area, we have a great coin with good upside potential. Primary target is 1.0, next targets are 1.15, 1.35.
Regards R. Linda!
DAY 2 - Daily BTC Update Yesterday's Update
I’ve dropped the chart to a daily timeframe to analyse signals that upward momentum could return. Here's what I’m seeing:
STOCH RSI: The indicator is nearing a cross, historically pointing to a potential bounce.
0.236 Fibonacci Level: The current candle at this level is a Dragonfly Doji, which, if confirmed by the next few candles, is often a signal for reversal.
Many of you have asked why markets dipped despite the 25bps rate cut. Here’s the insight:
Federal Reserve Outlook: The Fed has signalled fewer rate cuts in 2025, tempering market enthusiasm and creating uncertainty in risk assets, including Bitcoin.
BTC Exchange Net Outflows: Over the past 24 hours, 4,169 BTC have been removed from exchanges, continuing a two-day streak of net outflows. This suggests a decreasing supply of Bitcoin on exchanges, a possible sign that holders are moving assets to cold storage or other off-exchange wallets, signalling confidence in holding for the longer term.
Supply and Demand in Bitcoin
Understanding supply and demand is crucial for interpreting Bitcoin’s price movements:
Supply: When the supply of Bitcoin on exchanges decreases, as we’re seeing now, it often indicates that fewer people are willing to sell. Holders moving BTC to cold storage or off-exchange wallets typically signal confidence in Bitcoin’s future value and reduce the immediate availability for trading.
Demand: If demand for Bitcoin remains constant or increases while supply decreases, basic economic principles suggest that prices will likely rise. Conversely, if demand weakens while supply remains limited, the price can stagnate or fall.
Right now, the net outflows from exchanges suggest supply is tightening, setting the stage for potential upward price pressure if demand increases. Now we need to watch and wait for a TETHER print that often happens with increased demand.
Please give me a like if this has helped and see you again tomorrow :)
Bitcoin's Bullish Cycle📊 Bitcoin is currently in a bullish cycle on the 4H timeframe.
🔑 The key resistance area is around $99K-$100K, with a potential next target at $107K, while strong supports are identified at $94K and $92K.
✅ A pullback to the Point of Interest (POI) is expected, after which, if buyers demonstrate sufficient volume, Bitcoin could initiate another upward leg toward $102K-$107K.
⚠️ Trading carries risk; ensure proper research and risk management.
Is Bitcoin Poised for a Rally? Technical Analysis and Trade IdeaMany are asking, where will Bitcoin head next? Looking at this four-hour chart, we can see equal lows and a notable dip into sell-side liquidity. My question is whether this is setting up for a pre-Christmas rally or not. I'll be watching for a potential buy opportunity if we see a bullish market structure break. If that doesn't happen, then there won't be a trade. This is not financial advice.
BTC Analysis for LONG....Asalam.o.alaikum (Hi)! Community,
Hope you all are doing great, and preparing yourself for the chirstmas. So here is the LONG-TERM idea for the BTC according to the 30min timeframe. Market is in the 50% reversal area and keep an eye upon it... Let see the market move.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
22/12/2024
HelenP. I Bitcoin can make correction and then continue growHi folks today I'm prepared for you Bitcoin analytics. In the chart, we can see how the price fell to the support level and some time traded near it and later broke this level and continued to decline to the trend line. After this movement, the price turned around and made impulse up, thereby reaching the 99500 level one more time and soon broke it again. Later, the price some time traded near this level and then continued to move up to the resistance level, which coincided with the resistance zone. When the price reached this level, it first made the correction and then made an impulse up, breaking the resistance level. After this, the price reached a new ATH (108K points) and then dropped to the trend line, breaking the resistance level again. Soon, BTC broke the trend line and fell to the support level, but a not long time ago it rebounded and started to move up. For this case, I expect that BTCUSDT will make small corrections and then continue to move up to the resistance level. That's why I set my goal at 105000 level. If you like my analytics you may support me with your like/comment ❤️
Bitcoin BTC Has Almost Finished Correction: Huge Gains Ahead!Hello, Skyrexians!
We hope you made a right decision when received the warning sign by our Bullish/Bearish Reversal Bar Indicator from our previous Bitcoin analysis . Now we see that this correction is happening right now and there is some space to go down more but not that much as you may be think.
Let's take a look at the daily BINANCE:BTCUSDT chart. We can see that our indicator has printed the red dot at the top of the wave 3. After that this dump has been started. This is wave 4 and it has the clear target between 0.38 and 0.5 Fibonacci levels. Therefore we can conclude that max target which price can reach before the reversal is 84k, but it's more likely the reversal will happen earlier, at $89k.
When correction will be finished we can expect the wave 5 with the optimistic targets between $120k and $140k. Here is nothing change from the last analysis. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
NEAR - Primed for Action: Long Setup to $6 NEAR experienced a strong bounce after a significant sell off. The price has now retraced into the golden pocket zone (0.618–0.666 Fibonacci retracement) and appears to be accumulating within this range atm.
Key Observations and Trade Setups:
Accumulation at Golden Pocket:
The formation of a trading range in this area indicates that buyers are stepping in.
Once volume begins to pick up, it could signal the start of an upward move.
Upside Target:
Using the Trend-Based Fibonacci Extension, we project a 1:1 target around $6, which coincides with a key resistance level and another golden pocket zone.
This provides a potential gain of +22% for the long trade over the coming days.
Short Opportunity at Resistance:
The $6 level represents a strong confluence of Fibonacci and resistance, offering an excellent shorting opportunity if the price gets rejected there.
Trade Plan:
Long Setup:
Entry: Current accumulation zone around $5, also a key level to watch
Target: $6 for a possible +22% gain
Stop Loss: Below $4.50
Short Setup:
Entry: Around $6, once rejection is confirmed
Target: Depending on confirmation, potentially back to the golden pocket zone
(Update) !!! Bitcoin Analysis : Bull or Bear ? (READ)BINANCE:BTCUSDT
Currently, it can be said that Bitcoin has completed its fourth corrective wave and from now on, the price can be expected to rise to the top of the triangle.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!
$BTC correction bottom is $85000All the fanboys—Crypto Rover, Ash Crypto, Satoshi Stacker, Banter, etc.—are singing the same tune: *"We're back!"* They claim CRYPTOCAP:BTC is still in a bullish pattern, that the December 20th -15% crash was just an anomaly, and so on.
As usual, these CRYPTOCAP:BTC enthusiasts are acting like PR agents for Blackrock and Sailor, hyping the market to attract your money.
If you're into altcoins, be cautious—the charts are telling a different story than their optimistic chatter.
Remember June 2024? They were promising rewards if CRYPTOCAP:BTC hit $80K by the end of the week. How generous! And yet, CRYPTOCAP:BTC dropped -31%, with many altcoins plunging -80% over the following three months.
I sent my weekly chart showing bearish divergence to all of them back then. None paid attention, and I was right.
This time, while we're not in an identical scenario (the weekly timeframe still looks bullish), the daily timeframe shows a clear downward trend. Until this plays out, there's no reason to get overly optimistic.
This means we could see selling pressure for the next week, dragging most altcoins down with CRYPTOCAP:BTC as the correction completes. The expected bottom for CRYPTOCAP:BTC is around $85,000, give or take. After that, the bull run should resume—I don’t think we’re heading into a bear market just yet.
As always, DYOR!
Kava in the floorhello friends
This token, with its modification, is in a good position to buy.
You can buy a step because we are on good support.
If the resistance is broken, we expect the specified targets to move.
Note that you must consider a purchase step in case of further correction of the price.
Be successful and profitable.
Has BITCOIN reached its maximum and is a bear market coming?To make a prediction about Bitcoin’s next rally based on historical patterns, we should first examine the overall trends and how these increases and decreases have evolved in percentage terms.
Data observations:
337,000% increase -> 93% decrease
Massive increase, followed by a steep correction.
61,000% increase -> 86% decrease
Significant increase, but smaller than the first, and the decline was still close in percentage terms.
11,000% increase -> 84% decrease
Smaller increase, the decline remains large, but slightly milder.
2,000% increase -> 77% decrease
Significantly smaller increase compared to previous cycles, and the decline continued to moderate.
Observing a descending pattern:
The increases seem to be getting smaller and smaller with each cycle, and the decreases also tend to be less severe. This shows diminishing returns on increases and a reduction in market volatility.
Estimate for the next increase:
Given this pattern, the next percentage increase could be significantly smaller than the last one (2,000%). If we apply a progressive reduction coefficient, as was the case in previous cycles, the increase could be around:
~300%-500%.
This would mean a maximum increase of 5x from the low of the last cycle, and currently we have an increase of over 600%, that is, 6x. Is this ATH in this bull market?
To estimate the duration of the next Bitcoin uptrend, we can analyze how the duration of these uptrend cycles has evolved over time:
Historical data:
240 days
730 days
850 days
1050 days
Notes:
The increase in duration between cycles is not uniform, but follows a general trend of extending duration.
The duration increase intervals were:
From 240 -> 730: +490 days
From 730 -> 850: +120 days
From 850 -> 1050: +200 days
Analysis:
The duration extension appears to be accelerating moderately, with an irregular but generally increasing trend.
If this pattern continues, the next cycle could add between 200 and 300 days to the previous duration (1050 days).
Estimate:
The duration of the next cycle could be:
~1250-1350 days.
This estimate corresponds to a natural extension of Bitcoin cycles, reflecting wider adoption and lower volatility as the market becomes more mature.
Total3 dumping, BTC crash. The untold reason.You'll hear it all over Twitter and YouTube: "The FED scared investors, and they decided to pull their money out, blah blah."
Let's be real—that's utter nonsense.
Investors had no real reason to pull money out of altcoins. Where would they move it to? The real story lies with the whales manipulating CRYPTOCAP:BTC to trap the ones who sold their CRYPTOCAP:BTC too early..
Here’s what really happened: we had a mini altseason, where many CRYPTOCAP:BTC holders took profits and shifted into altcoins. This caused a pump in CRYPTOCAP:TOTAL3 and a drop in BTC.D.
But then, to punish these moves and siphon off profits, the whales decided to crash CRYPTOCAP:BTC , conveniently using the FOMC as a cover.
If you sold CRYPTOCAP:BTC at, say, 100k and moved into riskier assets like SEED_DONKEYDAN_MARKET_CAP:FLOKI , SEED_DONKEYDAN_MARKET_CAP:BONK , or CRYPTOCAP:UNI , the whales made you lose 40%-50% of your capital by dumping CRYPTOCAP:BTC just 10%. Where did that lost value go? Straight into their pockets.
I know people who thought they were being clever, saying, "This is the peak; I'm moving to alts for x2 or x3 gains." Now they’ve lost 50% and are kicking themselves, wishing they’d never sold their $BTC.
This isn’t random. It’s not a coincidence. It’s a coordinated play to vacuum up the profits from anyone thinking they could outsmart the system.
DYOR.
Little Ethereumhello friends
Considering the higher floors that this token has reached and the growth that it has had, it has now corrected to half of its upward movement, which is an opportunity to buy a step, and in case of further correction, the second step is determined...
We have drawn the targets for you in order.
Note that this currency moves with Ethereum and its main growth has not yet started...
Be successful and profitable.
BTC/USDT: Rising Channel Pattern | Critical Support TestBINANCE:BTC/USDT - 4H TIMEFRAME 🎯
CURRENT ANALYSIS:
━━━━━━━━━━━━━━━━
✦ CURRENT PRICE: $95,921.70 (-1.21%)
✦ CHANNEL SUPPORT: ~$92,500
✦ CHANNEL RESISTANCE: ~$114,000
✦ KEY TIMEFRAME: 4H
TECHNICAL STRUCTURE:
━━━━━━━━━━━━━━━━
1. CHANNEL FORMATION:
• Price trading within ascending channel
• Strong support at lower channel boundary
• Upper boundary showing resistance
2. PRICE ACTION FORECAST:
• Potential volatility increase ahead
• Projected movement (white line):
- Initial bounce to $105,000
- Further rise to $114,000
- Possible reversal back to support
3. CRITICAL LEVELS:
• Major Support: $92,500-$95,000
• Key Resistance: $107,000-$108,000
• Channel Top: ~$116,000
TRADING IMPLICATIONS:
━━━━━━━━━━━━━━━━
SHORT-TERM OUTLOOK:
• Channel boundaries providing clear trading ranges
• Current price testing support zone
• Volatility expected to increase
RISK FACTORS:
• Break below channel support (~$92,000)
• Increased selling pressure at resistance
• Market sentiment shifts
KEY OBSERVATIONS:
━━━━━━━━━━━━━━━━
• Price currently testing critical support
• Channel structure remains intact
• Projected movement suggests volatility ahead
• Trading volume will be crucial for confirmation
RISK DISCLOSURE:
━━━━━━━━━━━━━━━━
This technical analysis is for educational purposes only. Always manage risk appropriately and never trade more than you can afford to lose.
#Bitcoin #BTC #TechnicalAnalysis #CryptoTrading #TradingView
Tags: @TradingView
Bitcoin price is on a crossroadHello, Traders!
After reaching a new ATH at $108k, Bitcoin experienced a significant drop following Jerome Powell's speech that the Fed cannot hold Bitcoin and is not seeking to change that, which seems to have caused some uncertainty in the market. As a result, BTC price saw a steep decline, but it recently rebounded, almost touching the $100k level again.
The current focus for Bitcoin is a critical support area at around $91k. This area has held up well in recent price action, and we saw a recovery bounce from this region again. There is a strong chance that BTC could revisit this support area in the coming days, and it could provide another opportunity for a potential rebound. This support area is essential because it represents a significant price range where buyers have stepped in to defend the uptrend.
If Bitcoin does test this zone again and holds above $91k, the probability of a further upward move remains high.
In addition to the immediate price action, there’s a key factor to consider: the monthly candle close. Bitcoin needs to close the current monthly candle above $96k for the market to maintain its bullish sentiment. A green monthly close at this level would provide strong confirmation that the overall trend remains intact and that BTC is on track for further price appreciation.
The next few days are critical for determining whether BTC can sustain momentum to close the month in the green. If Bitcoin can hold above $96k by the end of the month, it would signal that the upward trend is still in play and that a continuation toward higher levels could be on the horizon.
Looking ahead to next week, there are two possible scenarios:
1. Continued Support Test: Bitcoin may dip back towards the $91k support area. If this area holds strong, it could set up another bullish reversal, targeting a move back toward the $100k area or even beyond.
2. Break Below Support: If Bitcoin fails to maintain support in the $91k area, we could see further downside, potentially testing lower levels. In this case, caution is warranted, as the next major support zone would be considerably lower.
Conclusion
The next week could be crucial for Bitcoin’s price action. A monthly candle close above $96k would reinforce the bullish outlook, but if Bitcoin fails to hold support or closes the month in red, we may see more volatility in the near term.
Please don’t forget to boost this idea and leave your comments below.
What currencies are Trend 2025?hello friends
This altcoin, which is active in the field of DEFI and can grow well in 2025, is now in a good range with the correction it has made, so it is a step to buy.
The second step is the lower range that we specified for you.
Note that DEX tokens can experience good growth in 2025.
So be sure to have it in your basket.
Be successful and profitable.