Bitcoin Analysis==>>FallingBitcoin ( BINANCE:BTCUSDT ) is breaking the Support zone($99,600-$98,620) and the lower line of the Descending channel .
According to the theory of Elliott waves , Bitcoin was able to complete Double Three Correction(WXY) .
I expect Bitcoin to fal l at least as far as the width of the descending channel(broken) .
⚠️Note: We can expect more pumps if Bitcoin goes over $99,900. ⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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BTC-D
Watching whether it can rise above 98821.58
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It's the same idea as the previous one.
The key is whether it can maintain the M-Signal and MS-Signal indicators on the 1D chart until around December 27.
In order for the uptrend to start, it is expected to start by rising above 97821.58 and showing support.
If it fails to rise above 97821.58, it will eventually fall below the M-Signal indicator on the 1D chart.
Therefore, the 95904.28-98892.0 section is an important support and resistance section.
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USDT, USDC are still showing an upward trend.
(BTC.D 1D chart)
The point of interest is whether it can fall below 55.01 by falling near the MS-Signal indicator.
(USDT.D 1D chart)
The point of interest is whether it can meet resistance near the 3.92-4.31 range and maintain a downward trend.
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I think the gap increase of USDT, USDC is a trace of funds flowing into the coin market.
On the other hand, I think the gap decrease is a trace of funds flowing out of the coin market.
If BTC dominance falls below 55.01 and is maintained or continues to decline, an altcoin bull market is expected to begin.
USDT dominance is expected to fall to around 2.84 and maintain an upward trend in the coin market.
Accordingly, if it touches around 2.84 and rises, the coin market is likely to face a sharp decline.
Also, if it rises above 4.97, I think the coin market is likely to turn into a bear market.
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(BTCUSDT 1D chart)
The point to watch is whether it can receive support and rise around the important support and resistance area of 95904.28-98892.0.
The next period of volatility is expected to be around December 27, so we need to check whether it can continue sideways until then.
This movement can be seen as a task to reduce the gap of the M-Signal indicators on the 1D, 1W, and 1M charts or to reset the StochRSI indicator.
If it falls below the M-Signal and MS-Signal indicators on the 1D chart, it is expected to touch the M-Signal indicator on the 1W chart.
At this time, if the HA-Low and BW(0) indicators are generated, the key is whether there is support around that area.
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When the StochRSI indicator falls below the 50 point range, if it shows resistance below the M-Signal indicator on the 1D chart, it is necessary to first check whether there is support around 87.8K-89K.
In order to continue the upward trend, it must rise above 97821.58 and show support.
Therefore, if it fails to rise above 97821.58, it will eventually fall below the M-Signal indicator on the 1D chart.
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Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, it is expected that prices below 44K-48K will not be seen in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to this.
If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Bitcoin: Are We Holding at $93K, $90K, $88K, or $83K?Good morning, trading crew.
Bitcoin is pulling back, and we’re heading for one of these key levels:
1️⃣ $93K might be the first spot where it bounces.
2️⃣ If not, we’re looking at $90K next.
3️⃣ Below that, FWB:88K could be the level to watch.
4️⃣ And if things go lower, FWB:83K might be where it finally holds.
Right now, it’s all about being patient and watching how it moves. Trade what you see, not what you hope for.
What’s your call—where will Bitcoin settle? Drop your thoughts below, and don’t forget to like and follow to stay in the loop.
Kris/ Mindbloome Exchange
ETH could find footing around here...We had a steep incline, we tested it 4 times and it was support, we tested it a 5th time after rejecting a breakdown and she crashed through support and now we are nearing where we hope to get a footing. You can see where if we slightly adjust the angle of the channel from the prior super steep ascending channel to this new, pretty steep ascending channel, we are near the bottom of channel, near support and hopefully hold and bounce back up from here, would still be plenty bullish, with just a more reasonable trajectory.
Looks like we will have the 200 (4h candle) moving average line up around this support line as well giving it double the chance of holding. If it breaks down, the price could drop a lot lower, like $3000-$2400ish even.
if this is bottom line here, we have a little more down trend and probably some consolidation down here before heading back up, should let other assets breath some too. If it breaks through this, be prepared for more drop.
Order books currently imply that more traders believe the price will drop more than traders who believe the price will rise.
This could be a great entry op for ETH and many other assets but be vigilant, especially with order books in the current state, and it took a solid month for them to decline to their current state, so hoping for a two day reversal could be asking a bit much.
I am currently optimistic but skeptical
Price Gap Examples - Bitcoin FuturesSharing for educational purposes only.
█ Three Types of Gaps
There are three general types of gaps:
Breakaway Gap
Runaway (or Measuring) Gap
Exhaustion Gap
█ 1 — The Breakaway Gap
The breakaway gap usually occurs:
At the completion of an important price pattern.
At the beginning of a significant market move
Examples:
After a market completes a major basing pattern, the breaking of resistance often involves a breakaway gap.
Breaking major trendlines signaling a reversal of trend may also involve this type of gap
Key Characteristics:
Heavy volume often accompanies breakaway gaps.
They are typically not filled (or only partially filled).
In an uptrend, upside gaps act as support areas on subsequent corrections.
A close below the gap is a sign of weakness.
█ 2 — The Runaway or Measuring Gap
The runaway gap forms:
Midway through a trend (uptrend or downtrend).
Indicates the market is moving effortlessly, usually on moderate volume.
Key Characteristics:
In an uptrend, it signals strength.
In a downtrend, it signals weakness.
Acts as support or resistance during subsequent corrections.
Why "Measuring" Gap?
It often occurs at the halfway point of a trend.
By measuring the distance the trend has already traveled, the probable extent of the remaining move can be estimated by doubling the amount already achieved.
█ 3 — The Exhaustion Gap
The exhaustion gap appears:
Near the end of a market move.
Key Characteristics:
Occurs after objectives have been achieved and other gap types (breakaway and runaway) have been identified.
In an uptrend, prices leap forward in a final push but quickly fade.
Within a couple of days or a week, prices turn lower.
█ Conclusion
By understanding the types of gaps and their characteristics, traders can better interpret market signals and anticipate potential trends or reversals.
█ Source:
Murphy, John J. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications. New York Institute of Finance, 1999. Chapter 4, "Price Gaps," pp. 94-98.
Support Levels Key to $105K Target📊 Bitcoin has entered a correction phase, aiming to accumulate liquidity in the market. 👉🏼 The $95,000 and $92,000 support zones are critical areas that could trigger the next upward move.
✅ If these levels hold, Bitcoin may resume its bullish trend and retest higher targets, including $102,000 and $105,000 .
Well, Well Well, Can Bitcoin Sustain Its New All-Time High?It's been a while, TradingView. I've really stepped away from markets for the most part to focus on other things. It's been quite refreshing. This won't be long. I'm popping in to share a couple of quick observations.
For one, Bitcoin has managed to break out to a new significant ATH, so far a little under 30% above the previous high around $73k. My speculation has long been that Bitcoin is unlikely to SUSTAIN a significant new all-time high above the previous bull-market high near $70k. This is close to being invalidated. Full invalidation would require Bitcoin to just keep going, and $100k is the next clear hurdle. Right now, it's encountering some resistance, just 5% from that major target. Keep in mind, Bitcoin, is not really outperforming major stock indexes (yet). It's simply caught up after a period of underperformance.
The recent upswing in price seems to have been catalyzed by Trump's second election to office in the U.S. Interesting, considering he used to look down on cryptocurrencies and suddenly flip-flopped during his recent run for office. This seems to be a bit of an emotional and speculative reaction from investors. Buyers expect further price appreciation with increased adoption and decreased available supply. "Adoption" simply means buying and holding these days, not using it as a currency. This is clear when looking at this graph: studio.glassnode.com
Bitcoin active addresses continue to stagnate. People are just buying and holding, and it is often the same entities doing so. The ETFs skew this data as well, since these coins are held in concentrated addresses, even though many more people may be holding "Bitcoin" through an ETF. That brings me to something else: Options. Now traders can exercise options on Bitcoin ETF's. This is dangerous, and I think should be treated with some caution. This can increase the amount of price manipulation, as if it wasn't already manipulated.
As for me, I closed my shorts at a loss around $63.8k. I saw that Bitcoin was unlikely to drop further, and instead break out of its flag formation to the upside. This ended up being the safer move. Now, I've slowly begun scaling back into a short. I've added at GETTEX:89K , $93k, and now $94.8k. The chart is demonstrating some divergences. The Ultimate Oscillator is actually declining as price goes up.
Today's "breakout" is so far on meager volume, but my guess is that this increases should price continue towards $100k this week. In the above chart, confirmation of a local top might be the breakdown of my orange trendline.
If price stalls here, it can fall all the way down to the breakout point (the long broadening wedge)
It can also simply fall as shallow as $82-83k and then resume its climb. Long term, I'm not a fan of this asset as it represents something dystopian and sinister to me these days. I acknowledge it doesn't represent this to everyone. Regardless of your position on Bitcoin, I wish you luck!
This is not meant as financial advice and for speculation only!
-Victor Cobra
The Solana ecosystem continues to thrive...hello friends
This currency, which is from the Solana ecosystem, managed to make a good bottom after a long-term downward trend and managed to hit a new top.
Now that Pullback has stirred, it has provided us with a good opportunity to buy a ladder.
Note that if he keeps his range, he can move to the specified targets.
Dear friends, capital management must be observed.
Be successful and profitable.
RENDER analysis...hello friends
This currency, which is from the Solana ecosystem, experienced a correction of about 70% after the pump and was able to continue its growth again with the formation of a bottom.
Now, due to the good growth it has had, it is expected that it will be able to break the ceiling and reach the specified goals.
We have specified the purchase points for you.
Capital management must be followed.
Be successful and profitable.
Bitcoin: The Path to $125K or Beyond?BINANCE:BTCUSDT after yesterday’s flash crash price is currently consolidating around $95,000-$98,000. The market’s bullish sentiment is fueled by factors such as record-low exchange reserves, growing demand from Bitcoin spot ETFs, and increased accumulation by long-term holders. These dynamics have significantly tightened supply, positioning Bitcoin for another potential rally.
Looking ahead, again breaking the $100,000 psychological level could pave the way toward targets of $110,000 and $125,000. Analysts highlight the influence of regulatory developments, particularly in the U.S., and the increasing adoption of Bitcoin by institutions as critical catalysts for its growth. Conversely, a dip below $94,000 could signal a bearish phase with support at $90,000.
The long-term outlook remains optimistic, with experts forecasting Bitcoin’s price to reach between $150,000 and $250,000 within the next year, driven by its finite supply and enhanced institutional backing. As Bitcoin’s trajectory unfolds, monitoring BITSTAMP:BTCUSD ETF inflows and macroeconomic trends will be essential to capitalize on its upward momentum.
As per technical analysis, COINBASE:BTCUSD Bitcoin has formed an ascending support line alongside a higher-high structure. This bullish pattern strongly indicates further upward momentum in the coming weeks.
In our previous Bitcoin analysis, we set a bold target of $100,000 when the price was around $60,000, despite widespread skepticism in the market. True to our prediction, Bitcoin achieved and surpassed this milestone, completing all our projected targets. Stay tuned and follow us for more accurate updates and insights into the cryptocurrency market.
BINANCE:BTCUSDT Currently trading at $97500
Buy level: Above $97,000
Stop loss: Below $90,000
Target : $125,000
Max Leverage 3x
Always keep Stop loss
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Bombay currency...Hello dears
This currency is from the Solana ecosystem, which has not started its main growth, so we checked it for you.
The price after the pump. Placed in a channel for about 290 days.
Now it has formed a pattern which shows that it wants to start its growth and you can buy it step by step as we have specified the purchase limits for you.
Friends, be sure to observe capital management.
Be successful and profitable
Good prices to buy Solanahello friends
This currency experienced a strange pump and then the price stayed in the channel for about 230 days.
Then, with the strength of your channel, you were able to show yourself
Now it is pulling back to the top of the channel and the price is right to enter.
There are three purchase steps that seem attractive and we have specified them for you.
Don't forget capital management, friends.
Be successful and profitable.
Big growth coming...hello friends
Due to the strong growth that we had, the price is in the resting phase and has hit higher ceilings and rounded from the bottom, which shows us that another rise is on the way.
Now, it is worth taking a risk to enter for one step, and we have specified the second step for you.
Capital management must be followed.
Be successful and profitable.
Bitcoin can rebound down from seller zone to $94K pointsHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price a few moments ago started to grow inside the upward channel, where it soon reached the 91500 support level, which coincided with the buyer zone. After this, BTc even rose a little higher than the 91500 level, but soon backed up and some time traded near the buyer zone. Later BTC finally broke the 91500 level and rose to the resistance line of the upward channel, which coincided with the current support level. Price at once turned around and made a correction to support level, after which it turned around and rebounded up. BTC tried to reach the current support level but failed and dropped to the support line of the upward channel, after which it made an upward impulse. After this, the price finally broke the 99500 level and rose to the channel's resistance line. Then the price turned around and dropped to the buyer zone inside the triangle, thereby exiting from the upward channel. But a not long time ago it turned around and made impulse up to seller zone, where it continues to trades to this day. So, I think that Bitcoin can leave the triangle and then rebound down from the seller zone, breaking the support level. For this case, I set my TP at 94000 points. Please share this idea with your friends and click Boost 🚀
BTCUSD Analysis Next MovePair Name = BTCUSD
Timeframe = W1
Analysis = technical + fundamentals
Trend = Bullish
Pattern = Bullish Flag
Details :-
BTC is future. So no one can deny this. Now BTC is bullish at 100k this is ready to stay here for few more days. This is because here it can make bullish flag pattern. After breakout price will hit 130k to 150k. Be ready For big moves
Bullish Targets :-
130k
150k