Btcanalysis
What will happen to Bitcoin?Bitcoin is in a post-pattern movement. In these movements, the price rises in an IFC manner and shows no inclination to fill the IFCs, while many FVGs form along the way, but none are filled.
Bitcoin is now close to the psychological resistance of 100K. There is a possibility that Bitcoin might experience some correction between the 100K to 105K range, and we could witness an X wave.
If a correction occurs, you can rebuy in the green zone. Those who are out of the market can't stay out forever; they must form a setup!
If Bitcoin consolidates or experiences a mild correction, altcoins could pump during this period.
The next target step for Bitcoin could be in the range of 118K - 125K.
If a daily candle closes below the invalidation level, this setup will expire
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin Correction Started!?Bitcoin ( BINANCE:BTCUSDT ) started pumping again today with the help of the following two News :
1-Chinese Court Declares Bitcoin and Crypto Ownership Legal.
2-Trump Plans White House Crypto Advisor Role.
These days, Bitcoin is more influenced by the news than before.
Bitcoin managed to break the Important resistance lines with the help of the above news .
Since Bitcoin does NOT have a previous price history at current prices , its analysis is associated with challenges, but I will try to analyze it for you with technical analysis tools and other parameters .
Bitcoin reacted well to the new Potential Reversal Zone(PRZ) .But Bitcoin could not touch the magic number of $100,000 ; one of the reasons for not touching this number is many sell orders that were exactly on the number of $100,000.
According to the Elliott wave theory , Bitcoin has entered five new impulsive waves after breaking the important resistance lines. It completed the main wave 5 .
It seems that we can wait for Bitcoin correction waves .
In terms of Classic Technical Analysi s, Bitcoin seems to be completing the Bump phase and entering the Run phase of the Bump-and-Run Top Pattern .👇
It also seems that USDT.D% ( CRYPTOCAP:USDT.D ) will have an upward trend , which can cause Bitcoin correction .
I expect Bitcoin to attack the lower line of the ascending channel after approaching the Resistance zone($97,642-$97,180) .
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
⚠️ Note: If Bitcoin goes above $98,700, we can expect it to touch $100,000. ⚠️
⚠️ Note: Bitcoin can start to rise again from the lower line of the ascending channel. ⚠️
⚠️ Note: We should expect a deeper correction if Bitcoin goes below the Support zone($95,600-$92,000) and breaks the lower line of the ascending channel ⚠️
Bitcoin Analyze (BTCUSDT), 1-hour 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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$BTC Daily Update#BTC CRYPTOCAP:BTC Nicely holding given support area $95,878, resistance at $99,361, more expected resistance areas could be $100,334, $103,093, $107,461, & $112,255. As it climbs to new ATH(s), we shall discover new S/R areas. Previous 4H close showing strength to bulls, so does previous 1D close! On 1D $97,780 holds good support, current sideways movement is a very good sign for more ATH(s) to come!
BTC Chart Analysis - Bullish Bias for next couple of monthsBTC has now filled the weekly fair value gap around the GETTEX:48K - GETTEX:49K range in the first week of August, which was originally formed in February earlier this year. Interestingly, during that same week after 2014, whales accumulated most of the BTC. The weekly closing candle has printed a pin bar candle to the upside, indicating a strong potential for bullish momentum. I believe the consolidation phase is ending, and we could see parabolic upward movement within the next week or so. My first target for the breakout of this weekly bull flag is $100k within the next couple of months. Ideally, we could hit this target before the elections. Let’s see if this analysis plays out or not.
Not financial advice! DYOR
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Bullish engulfing was followed thru with a test on $92,786 resistance and breaking towards $95,878 resistance, beautiful resistance and support test on 4H at $95,878 resistance. $97,780 next resistance area, given resistance areas coming in effect nicely, beautiful bullish close on last 4h. Current support at $94,148. $92,786 key support here. Weak volume on current 4H, has plenty of time to recover bullish, let's see how it closes, current range $97,780-$92,786 for short term.
Have posted more resistance areas on my Nov 12 post (linked to this post).
BTC is still bullish (15M)By maintaining the green range and not closing the 4-hour candle below the invalidation level, Bitcoin can reach the level of 94K.
Everyone is waiting for Bitcoin and the market to fall, but the weekly and medium-term charts say something else.
However, manage risk because smart traders always manage risk.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin Roadmap==>>BTC will touch $87,000!?After re-entering the Potential Reversal Zone(PRZ) , Bitcoin( BINANCE:BTCUSDT ) started to decline .The PRZ I drew ✅works fine✅.
According to the Elliott wave theory , it seems that main wave 4 can continue . Most likely, its structure can be a Double Three Correction(WXY) , so Bitcoin is completing microwave Y of the main wave 4 . We can confirm this wave count after breaking the Support lines .
Considering Bitcoin's downward momentum , I expect it to break the Support lines in the coming hours and at least decrease to the Support zone($86,700-$85,000) .
Educational tip : We can confirm the descending channel if Bitcoin rises again from the Support zone($86,700-$85,000).
⚠️ Note: If Bitcoin touches $91,500 again , it could form a new All-Time High(ATH) .⚠️
⚠️Note: If Bitcoin loses the Support zone($86,700-$85,000), we should expect a further decline in Bitcoin.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour 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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $92,786 given resistance in effect and holding, Nicely calm here with good sideways movement testing and building support, $88,674 given support in effect, RSI on 4H and 1D looking good, Bullish engulfing on prev 4H, let's see if it follows up with a test of $92,786 resistance.
Bitcoin Analysis: Resistance at 92K and Key Support Levels🔍 Today's Bitcoin Analysis
Bitcoin is currently at the 92,000 USD resistance level, and market sentiment is extremely high. The presence of beginners in the market is noticeable, and we can expect some volatile market behavior. Two potential scenarios for the next move:
1️⃣ Scenario 1: Breaking the 92K Resistance
If the 92K resistance is broken, Bitcoin could move towards the 97,000 USD range, potentially triggering more buying activity.
2️⃣ Scenario 2: Rejection from 92K and Correction
If it faces rejection at 92K, a price correction is likely. In that case, the first strong support is at 87,000 USD, where we can expect a bounce and continuation of the trend.
🔹 The next support level is at 82,000 USD, which is expected to be even stronger.
📉 Conclusion:
Bitcoin is at a critical point, and market sentiment can greatly influence its movement. Accurate analysis and smart decision-making are key to navigating these conditions.
Bitcoin Has Another Bull Run !Bitcoin has shown signs and patterns in the daily time frame that can be analyzed with the current data.
It looks like a diametric has finished (A) and then the price has entered a bullish phase.
In the bullish phase, we have an ABC/WXY whose A/W has the signs of a diamond diametric.
We expect waves X and Y because the time of wave A is much larger than the current pattern (A/W).
The green range could be the start of a bull run in Bitcoin.
Closing a daily candle below the invalidation level will violate the analysis.
Note : This is only a possible scenario, please do not forget to manage risk
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin Analysis==>>First Attack Will Fail!?Bitcoin ( BINANCE:BTCUSDT ) is moving near the Potential Reversal Zone(PRZ) and Important Resistance lines .
I don't expect Bitcoin to be able to break the important resistance lines in the first attack . What do you think !?
Bitcoin managed to form a New All-Time High again today.
According to the Elliott wave theory , Bitcoin seems to be completing the main wave 3 or even main wave 5 in the 1-hour time frame , which can end in a Potential Reversal Zone(PRZ) .
I expect Bitcoin to drop to Cumulative Long Liquidation Leverage and then to $88,000 in the coming hours .
Fear and Greed Index is Extreme Greed (84-87).
For a better understanding , I suggest you look at the analysis below in the weekly time frame .👇
Bitcoin Analyze (BTCUSDT), 1-hour 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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analysis==>>Where is the End of the Rally!?Bitcoin ( BINANCE:BTCUSDT ) was able to start a new rally after breaking the upper line of Descending Broadening Wedge Pattern .
Bitcoin is moving near the Potential Reversal Zone(PRZ) , the Resistance lines , the middle line of Pitchfork , and the Time Reversal Zone(TRZ) .
According to the Elliott wave theory , Bitcoin is near to completing the Main wave 5 in PRZ .
Also, Regular Divergence(RD-) between Consecutive Peaks in MACD and RSI Indicators .
I expect Bitcoin will decrease after touching the Resistance lines to fill the important CME Gap($77,360-$80,670) .
⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️==Low possible.
What is your idea of Bitcoin being able to touch $100,000 during the current week❗️❓
Bitcoin Analyze (BTCUSDT), Weekly time frame⏰.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🔔Be sure to follow the updated ideas.🔔
$BTC Resistance areas to watch CRYPTOCAP:BTC #BTC $88,674 resistance testing, looking absolutely amazing on 1D with a beautiful follow up to previous bullish close yesterday! Current support around $86,305 area, but untested yet. $84,221 should be key support - let's see. Next estimated resistance areas to watch could be $91,357, $95,878, $97,780, $100,334, $103,093, $107,461, & $112,255. #Bitcoin will surely look good in 6 figures, more ATH(s) to come!
Bitcoin Roadmap==>>Correction SignsBitcoin ( BINANCE:BTCUSDT )is moving near the Upper line of the Ascending Channel and Potential Reversal Zone(PRZ) , which acts as a Resistance line .
According to the Elliott wave theory , Bitcoin has completed main wave 5 with the help of Ending Diagonal , and we should wait for Corrective Waves .
Note ( Education ): The Ending Diagonal is the Rising Wedge Pattern in terms of Classic Technical Analysis .
Also, Regular Divergence(RD-) between Consecutive Peaks in MACD and RSI and Volume Indicators .
Note : Since trading volume is usually low on Saturdays and Sundays , we can expect the main corrective movement to happen at the beginning of the next week .
I expect Bitcoin to have a corrective trend in the coming week , considering that there are attractive volumes for liquidating long positions at lower prices , as well as the technical analysis that I talked about above. Of course, from November 13 to November 15, important indexes will be released from the USA(Core CPI m/m, CPI m/m, CPI y/y, Core PPI m/m, PPI m/m, Unemployment Claims, Core Retail Sales m/m, Retail Sales m/m) , which can impact Bitcoin's main trend .
⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️
Bitcoin Analyze (BTCUSDT), 1-hour 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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin surprise target
Bitcoin has touch $77.000 and make significant price movement. I really like this bullish momentum combined with US. election result. Now I want to share with you what I see in the chart on BTC. Maybe just little annoying for some people but this what I found on the price chart for Bitcoin price movement. From my simple analysis the price is going down to $71.500 - $72.000 for temporary movement before continue the next path price. The support gap is not filled yet because the price bulls so rapidly from my perspective. Remember this is not financial advice please use your own analysis to do action in the market.
Bitcoin is Ready for Correction==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in an ascending channel in the 15-minute time frame, and we can also see another ascending channel in the 1-hour time frame .
Currently, Bitcoin is moving near the upper line of the ascending channel(Big) and Potential Reversal Zone(PRZ) .
According to Elliott's wave theory , Bitcoin seems to be completing the main wave 5 .
I expect Bitcoin to decline to at least the Support zone($75,400-$75,000) and the lower line of the ascending channel(Small) after the completion of the main wave 5 .
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
What is the Bitcoin plan?Given the recent pump by US election news, the dual scenario is more correct for Bitcoin.
As you know, the market is probabilities and we only predict and follow probabilities, because the nature of the financial market is uncertainty.
It seems that the first part of this double was a diametric that ended and then we had an X wave and now for the second part of this double we can look for rebuy in the flip range.
We can consider the range of 82K - 88K as the peak of this duality.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
HolderStat | BTC has reached a new ATHHaving analyzed 100 mln bitcoin wallets, we formed an index reflecting their sentiments. And here are the conclusions we came to 👇
👉 The current values are at 62 points, and over the last 24 hours 100% of transactions were made for sale.
💡 After Trump's victory, the cryptocurrency market surged and BTC reached a new ATH, while the observed wallets mostly refrained from transactions and some made sales. This behavior can be seen as both anticipation of a BTC correction and a liquidity spillover into altcoins in pursuit of greater profits.
📌 Considering the correction scenario, it is worth noting that the levels of $73,000 and $70,000 may become a significant barrier to decline. Also, we should not forget that today the Fed will announce a decision on the key rate, which may affect the volatility of the price.