BITCOIN IS STILL BULLISH , WAVE 5 IS COMINGattached is the wave 4 correction drawing, its still bullish, it will pass 107000 soon , stay tuned
Crypto market
Bitcoin hanging on support!Bitcoin testing the 200 EMA on the 4-hour timeframe as support. If it holds, we might see a bounce toward $100K. A break below could lead to further downside, with support around $92K. Keep an eye on volume for confirmation of the next move.
Key Levels to Watch:
Immediate support: $96,325 (EMA 200).
Resistance: $97,777 (recent swing high).
Next support below EMA 200: $92,000.
ETHEREUM → Consolidation after a bearish trend breakBINANCE:ETHUSD is consolidating within the flat boundaries of 4085 3530. In general, there is a bullish trend, the fundamental background is also favorable except for yesterday's news, which creates a small risk...
The price is at a strong resistance between 4090 and 4100 and it will take a lot of energy to break this area. Yesterday's news was generally controversial but with a negative bias. Despite the decline in interest rates, there were strong hints of stopping the decline and taking a hawkish course. Bitcoin is giving a small correction against this backdrop, which is negative for altcoins.
Ethereum technically did not break the bullish structure, a very strong support area of 3530 - 3440 is formed on the chart and with high probability a retest is possible, a liquidity grab with the aim of further growth. There are risks for further fall, they can be taken into account, but we can consider an attempt of growth as a priority.
Resistance levels: 4086, 4100, 4372
Support levels: 3530, 3440, 3261
Since the price is inside the consolidation, our strategy is simple - trading from the channel boundaries. Accordingly, based on the current situation, we should consider a retest of support before further growth.
Regards R. Linda!
UNI Approaches Oversold Territory With Breakout Potential AheadBINANCE:UNIUSDT has struggled to maintain bullish momentum, retreating from its highs to test key levels. Resistance lies at $13.011 and $13.155, while support is seen at $12.801 and $12.654. The narrowing price band hints at potential breakout volatility.
The 9 EMA trending below the 20 EMA underscores bearish conditions. The MACD histogram reveals decreasing bearish momentum, indicating a possible reversal. RSI readings in the oversold zone suggest that buyers might soon regain control.
Trading Strategy: Short positions could be placed near $13.011, targeting $12.654, with stops above $13.155. Long traders might enter near $12.801, aiming for an upward move toward $13.155.
not is for short onlyI closed my previous set up. Will see how it will behave after bounce. Will take a look only at short set up only
Wave 3 Incoming? Why I’m Bullish on Gala’s Next MoveAfter closely tracking this correction since December 9th, I’m thrilled to share that my buy-in target of $0.03493 has been hit with near perfection. Throughout this period, I’ve carefully planned my exits and entries, which I’ve illustrated on my charts and shared as ideas in real-time.
By exiting and re-entering at key levels, I’ve been able to:
Protect my capital during the downturn.
Make some gains on the December 11th bounce.
Accumulate an additional 1.9 million Gala tokens on this re-entry – all without leverage.
At the onset, it’s always challenging to identify the exact type of correction we’re in. However, as the pattern unfolded, it became apparent that this was likely a Wave 2 correction, with price retracing to the 0.618 Fibonacci level. Historically, 70% of Wave 2 corrections retrace between 0.382 and 0.786, with only 15% going beyond that.
While there’s a possibility of further downside – especially as I remain short-term bearish on Bitcoin, which could drag alts lower – my priority is to secure a good price rather than aim for the absolute bottom.
Support Levels
Should the price dip further, key supports are:
200-day EMA: $0.03070
Weekly Support: $0.02959
0.786 Fibonacci Level: $0.02760
That said, I’m happy with my re-entry at this level and prepared to manage any downside.
Wave 3: The Opportunity
Wave 3 follows Wave 2 and is typically the most impulsive and exciting phase. Missing it while chasing a marginally lower entry is not a risk I want to take. Whether we’ve already completed the ABC correction or are in its final stages, I’m confident we’re transitioning towards something significant.
The next few days and weeks will be pivotal, and I’m excited to see how Gala performs from here. Let’s see where this journey takes us! 🚀
BTC 2020-2021 x 2024-2025While #Bitcoin is at the beginning of the bull run, maximum pain is inevitable and it is inevitable to be exposed to parabolic waves in the continuation of this.
Bitcoin's road to 150,000 Bitcoin Halving 2024: A New Era
The fourth Bitcoin halving, expected on April 15, 2024, will cut the block reward to 3.125 BTC, increasing scarcity and reinforcing its deflationary nature. Historically, halving cycles drive three phases: a bullish uptrend in the first 70,000 blocks, a bearish retracement in the next 70,000, and sideways consolidation before the next halving. This cycle points to a potential peak of $150,000, supported by historical trends, logarithmic regression, and metrics like the MVRV ratio.
Current Market Position
Bitcoin has emerged from the sideways phase of the third halving era (2020–2024) and is poised for a bullish run. The MVRV ratio, currently at 2.24, signals fair value, with room for growth. Historical patterns show Bitcoin dominance surges above 70% during bullish phases, supporting price appreciation.
Halving Cycles and Projections
Bitcoin's logarithmic regression model aligns with these price phases:
Bullish Phase (0–70,000 blocks): Exponential growth; projected high of $150,000.
Bearish Phase (70,000–140,000 blocks): Retracement of 80%, with lows around $55,000.
Sideways Phase (140,000–210,000 blocks): Consolidation before the next cycle.
MVRV Ratio Insights
The MVRV ratio (Market Value to Realized Value) serves as a key valuation tool:
MVRV > 3.7: Overbought, market tops.
MVRV < 1: Undervalued, market bottoms. The current reading of 2.24 reflects equilibrium, signaling potential upside.
Timeline Overview
April 2024 (Halving): Demand rises, supply tightens, sparking bullish momentum.
2025–2026: Peak at $150,000 as the bullish phase matures.
Post-Bullish Phase: Retracement to $55,000, consistent with historical patterns.
Conclusion
Bitcoin’s cyclical dynamics, driven by halving mechanisms, position it uniquely in financial markets. Historical data and on-chain metrics suggest a bullish trajectory to $150,000, with an 80% drawdown to $55,000 post-peak. While short-term volatility remains, Bitcoin’s long-term appeal as a store of value persists.
Disclaimer: This analysis is educational and not financial advice. Cryptocurrency investments are volatile, and past performance does not predict future results.
Sources
Coin Metrics
CryptoQuant
TradingView Data Analysis
HBAR doesn't care if it's bearishHBAR doesn't care if it's bearish. The price is consolidating inside a symmetric triangle.
What I Expect Through The New Year Absent A Government Shutdown.Traders, minus a government shutdown, I do expect another altcoin pump. However, the possibility of a shutdown is throwing a big wrench into my thesis. We'll talk about how price action would look in both scenarios as well as discuss the new crypto cycle rotation. You should get to know this new rotation to remain most successful in your trading.
As always, we'll start with the DXY, VIX, SPY, and NVDA and discuss future direction and what it means for our crypto space.
BTC - Let's Do It Again!Hello TradingView Family / Fellow Traders, this is Richard, also known as theSignalyst.
📈 As per my last BTC analysis (attached to the chart), BTC rejected the blue circle zone and made a new ATH.
If you missed it, we might have another opportunity to catch it again.
The new blue circle marks the intersection of a key structure, the lower blue trendline, and the $100,000 round number.
📚 According to my trading style:
As #BTC approaches the new blue circle, I will be looking for bullish reversal setups (such as a double bottom pattern, trendline break, and so on).
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~ Rich
ALGO ABC CorrectionFor retesting last resist become support, its good to perform this scenario
ABC correction will happen if support now holding breakout and not breakout 0.29
Then I think it will sideways a bit before next leg
$BTC: are we at the peak of this bull run?The chart says yes, and here’s the breakdown of my analysis:
- **MACD on Weekly**: Overheated. The last time this happened was in June, and it led to a six-month consolidation with a -30% dump.
- **RSI**: Overbought. Same story—this signals consolidation, but since we’re on the weekly timeframe, it’s going to drag on for a while.
- **Daily Indicators**: Also overheated! This is double trouble. It means we’re likely to see a significant dump until the daily indicators reset at the bottom.
Now, here’s the kicker: **everything in this cycle is messed up by the ETF FOMO.**
- We’ve already passed the previous ATH *before* the halving—something that’s never happened before. This suggests a short-lived bull market is highly probable.
- **Alt season? Canceled.** Bitcoin is hogging all the attention, news, and institutional money. Altcoins are sitting in the corner, forgotten like last year’s Christmas sweater.
To be clear, I’m not saying we’re headed into a four-year bear market. But the traditional halving cycle? It’s over.
- The halving doesn’t have the same impact anymore because miners no longer contribute significant sell pressure.
- Instead, we’re looking at **six-month cycles**: alternating between FOMO rallies and consolidations, driven by weekly timeframes and the MACD.
If this idea holds true, we’ll see a reset of all indicators by June, followed by a six-month rally for BTC. Altcoins might tag along, but don’t expect a classic alt season. The ETFs aren’t here to rotate money—they’re here to park it in BTC and ETH. And the altcoins? They’ll starve.
Buckle up; it’s going to be an ETF-dominated ride! 🚀
$DOGE perfect hit!CRYPTOCAP:DOGE has now completed its correction.
I love it when a plan comes together.
As far as I'm concerned, this is the last correction and we have now approximately hit the bottom. We may see another retest, but I only expect room to move up from here.
Congratulations to those who hit the bottom.
More updates on possible targets for CRYPTOCAP:DOGE later.
Be kind to the world and each other!
ETH - Possibility to retest its supportETH TF 1W
A possibility for ETH to retest its support before showing a rebound into its prev. ATH.
#NFA #DYOR
Feel free to discuss.
Comparison - Doge Coin previous Breakout Vs Now Doge coin is getting ready for 1$ ... get your acts ready ...
$BTC.D prediction based on the current situation.CRYPTOCAP:BTC.D has been climbing steadily since the start of this bull run.
It’s often said that an altseason begins when BTC dominance drops below 55%. However, the 54% level appears to be a strong support zone, with the MACD showing a low point and the RSI entering oversold territory.
My analysis suggests that BTC dominance has established a range between 59% and 55%. It’s likely to bounce off the top resistance, pushing dominance back toward the support.
If the next drop breaks through this support, it could finally trigger a true altseason.
DXY vs BTC - Don't Fade the FedVery simple concept that people should be aware of.
When DXY runs it is because investors are risking off from the market into USD for some reason.
Usually DXY will run in opposition to the majority of Stocks, Crypto and other risk on markets.
The Fed has announced yesterday that there will be less rate cuts than expected in 2025 and are hawkish causing a market wide selloff into USD and other safe haven assets.
This risking off may be done and we could see a reversal on the DXY, a failed breakout: or we could be in for more pain.
It's a big warning sign.
HBAR BUY COMING SOONBuying HBAR around the weekly order book. A strong bounce around the 0.44-0.37 range is expected. Bids have been placed.
PEPE/USDT 4-Hour Chart Analysis. PEPE is trading at 0.00001862, in a downtrend, moving away from the key Ichimoku Cloud resistance area.
Significant bearish momentum after breaking below 0.00002285 (key support turned resistance).
Immediate support at 0.00001732–0.00001700 (highlighted green area).
Strong demand area below at 0.00001641 (key level to watch for risk of further declines).
Nearest resistance: 0.00002285.
Key breakout levels for potential recovery: 0.00002360 and 0.00002690.
Stop loss: Located slightly below 0.00001641, protection against further declines.
Take profit zone: Above 0.00002831, targeting a significant correction towards the previous highs.
If PEPE sustains the 0.00001732–0.00001700 zone, expect a rebound towards:
Short-term target: 0.00002285.
Mid-term target: 0.00002690.
A breakdown below 0.00001641 could lead to further declines, testing lower unknown levels.
Maintaining caution below the Ichimoku Cloud zone is a must for longs.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
XRP STILL BULLISH TARGET 4.00XRP is Making the bullish pennant pattern. Buyers are taking Internet in this project after TRUM Winning USA Elections. XRP IS A STRONG Project. And having good potential for big move
