Come back in 2 years...Top is in or damn close here...people speculating now are asking for a spanking in markets...expecting a slow grind down to 40k levels over the next couple years...could be much worse though gl.
BTCUSD.P trade ideas
Sorry Moonies we are going down... Alt Coin Season coming!Sorry moonies, Bitcoin is likely entering a Wave 4 correction within the larger Wave 5 structure, as per Elliott Wave theory. I raised this back in December 15th, and while this may bring short-term downside, it opens opportunities for Altcoin Season, as capital shifts from Bitcoin to alternative cryptocurrencies during this correction.
Elliott Wave Context:
Elliott Wave Context:
Current Position: Bitcoin is completing Wave 5 but must correct into Wave 4 before continuing to finalize the broader Wave 5 structure.
Wave 4 Correction Zone:
Elliott Wave theory suggests 70% of Wave 4 corrections retrace to Fibonacci levels between 38.2% and 61.8%.
As per my charts you can see the zones to be targetted.
Altcoin Season Opportunity
Bitcoin Dominance Decline:
The good news is that as Bitcoin retraces, dominance is likely to decrease, allowing capital to flow into Altcoins marking the much anticipated alt coin season.
Supportive Indicators for Wave 4 Correction:
Bearish Divergence:Visible on both weekly and daily charts. A divergence between price action (higher highs) and RSI (lower highs) indicates weakening momentum.
Stochastic RSI: Overbought on both weekly and daily timeframes. Bearish crossovers on both timeframes reinforce the likelihood of a downturn.
RSI Levels: RSI on the weekly is high; a healthy correction would allow it to reset before the final leg up.
Entry Strategy:
Re-entry Signal: When stochastic RSI turns bullish on the weekly I will look for entry points on the daily charts.
Confirmation: Ensure price action aligns with Fibonacci retracement levels and momentum indicators.
BEAT-COIN? (BTC PROBABLE MOVE)Alright, we seen expected price action movements to the downside (maybe not expected by some retailers Lol) and now there's a crazy number of questions being; one of it is where is it really going to end up before the new year? Well... I can't say for sure, I can only really predict the next price in short time.
In my chart above, I've marked out key infos; you can see the HTF point of interest taken from the 4H chart, where by candle wick; "price almost disrespected the fair value gap (had this happened by candle body, we would have an inversion gap that would be a support for a bullish move), but most encouraging (not for investors); price respected the 62%-79% fib levels which marked our O.T.E and it started dropping (potentially marking an end of the retracement move). But while I'm still a little skeptical about this vague movement all around, I moved over to the 15M timeframe for further forensics (Lol) as it may be beneficial to Currency, and perpetual traders. You would notice a liquidity sweep and if you draw a trendline liquidity from $92,149 up to the O.T.E level, you would see liquidity being taken out however you try to bend it; which may confirm our sentiment (but still not satisfied). I've marked out a key area in the chart that I expect should be broken, and if it is; we will have the market structure shift and look to take position. My next predicted price range is $95k - $89k.
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For perpetual traders, I may leave analysis either on BINANCE:BTCUSDT.P or BYBIT:BTCUSDT.P
BTCUSD ANAYLSIS ( MUST READ CAPTION )Hello Trader's
check out my anaylsis on btcusd and also share your idea on this in comment section and don't forget to follow and boost
Key Points from the Chart:
Timeframe: 1-hour chart (1h)
Current Price: Approximately $94,000
Resistance Zone: Around $102,000
Target Area: $99,000
Entry Point: $94,000
Stop Loss: $91,600
Resistance Zone: Between roughly $102,000 and $104,000. This is an area where the price has previously struggled to break through.
Target Area: Around $99,000. This is the analyst's predicted price target.
Stop Loss: $91,600. This is the price level at which the trader would exit the position to limit potential losses.
Target:
The analyst has identified a target area of $99,000. This is the price level they expect Bitcoin to reach in the near term.
Entry:
The entry point is marked at the current price of $94,000 This means the analyst suggests entering a long (buy) position at this level.
Important Considerations:
Stop Loss: The stop loss is placed at $91,600. This is a crucial risk management tool. If the price of Bitcoin drops to this level, the trade will be automatically closed to limit potential losses.
Resistance Zone: The resistance zone around $102,000 could act as a barrier to further upward movement.
Technical Analysis: This analysis is based on technical indicators and chart patterns. It's important to remember that technical analysis is not foolproof and market conditions can change rapidly.
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Bitcoin - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast: (Daily TF)
73777.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
A trough is formed in daily chart at 92424 on 12/23/2024, so more gains to resistance(s) 99607, 102700, 108293 and more heights is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (94200 to 92231). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (94200)
Ending of entry zone (92231)
Take Profits:
99607
102700
108293
110000
115000
118281
120000
125000
130000
134468
__________________________________________________________________
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BTC A Line of CodeBTC A line of code that costs $107,000 American dollars.
All I see is exuberance and the same jeering and laughing emojis
when I mentioned TSLA was too expensive in other forums.
The same mood. The same hubris. A line of code costs 107k.
It was going to change the world, my coder friends said to me.
It changed nothing, just a new "hype." And those come every 10 years or so.
Good luck everyone.
Bearish reversal?The Bitcoin (NTC/USD) is reacting off the pivot which acts as an overlap resistance and could drop to the 1st support.
Pivot: 99,238.95
1st Support: 94,532.95
1st Resistance: 102,235.80
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
LONGPrice made LL and LH, and currently we are witnessing reversal as we see HH and hl.
Expect price to hit a new high at the previous lower high area as marked up in my chart
BTC Bleeding - When Bottom?Bitcoin is in a corrective phase following a sharp rally, with the $92,000 50-day SMA acting as the first critical support zone. A break below this could lead to further downside toward $89,000 or $73,835. To regain bullish momentum, Bitcoin needs to reclaim $99,860, targeting $108,300 and higher. Keep an eye on the RSI and volume for confirmation of the next move.
Key Observations:
Recent Price Action:
Bitcoin recently reached a high of approximately $108,300, marking the peak of the current rally.
Following the high, BTC has experienced a sharp pullback, breaking below the $99,860 support level and currently trading near $93,569.
The pullback reflects a correction of approximately 14% from the peak.
Bearish Divergence on RSI:
RSI Divergence: While price made a higher high at $108,300, RSI formed a lower high, signaling a loss of bullish momentum.
RSI is now trending below 50, confirming bearish short-term momentum.
RSI will eventually make it to oversold, but that could be far down the road. Still worth noting that it is only at 40, so there could be a long way to go if the correction continues.
Key Support Levels:
$92,000: Immediate support around the 50-day SMA, which aligns with a consolidation zone during the earlier stages of the rally.
$89,000: A secondary potential support just below the 50-day SMA.
$73,835: Major breakout level from the prior range and a strong support zone if the correction deepens.
Key Resistance Levels:
$99,860: This level, previously a support, has flipped to resistance following the breakdown.
$108,300: Recent high and critical resistance, acting as the upper boundary for potential continuation.
Volume:
The recent sell-off has occurred on elevated volume, confirming active selling and validating the correction.
Moving Averages:
The 50-day SMA (blue line) is currently around $92,000, providing immediate dynamic support.
The 200-day SMA (red line) sits significantly lower, near $72,000, reinforcing long-term bullish structure.
Interpretation:
Bearish Signals:
The bearish divergence on RSI has played out, leading to the breakdown below $99,860.
Price is testing the 50-day SMA at $92,000, a key short-term support zone.
Support Zones to Watch:
$92,000 (50-day SMA): Critical for maintaining the short-term bullish trend. A strong bounce here would be encouraging.
$73,835: Long-term support level, aligning with the breakout zone from earlier in 2024. A breakdown to this level would still preserve the macro bullish structure.
Potential for Reversal:
To resume its uptrend, Bitcoin must reclaim $99,860 and hold above it. A strong bounce from the 50-day SMA would reinforce bullish sentiment.
Scenarios:
Bullish Case:
Bitcoin holds the 50-day SMA at $92,000, forms a higher low, and begins to climb back toward $99,860.
A reclaim of $99,860 with increasing volume would target a retest of the $108,300 high and potential continuation.
Bearish Case:
If Bitcoin fails to hold $92,000, the next logical support is around $89,000, followed by a deeper correction to $73,835, which would still align with the broader macro bullish structure.
BTCUSD major dump will start from below 86K$ support This is just the beginning of fall and correction to the downside if the 90K$ support break.
major daily support which is currently holding price is 86K to 90K and if that support zone break we are looking for more and heavy dump here like the red arrows and also 35% fall target will hit.
DISCLAIMER: ((trade based on your own decision))
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Unpopular opinion: Bitcoin is worthless. Read why.This idea goes against what BTC whales want you to believe, but it’s my educated conclusion. Let me explain why, and it might change your perspective.
The Origins of Bitcoin
Bitcoin was the first cryptocurrency, created by Satoshi Nakamoto in 2008 as the pioneer of blockchain technology.
Big BTC holders claim it’s “digital gold” with a limited supply. Influential figures and institutions like Michael Saylor, BlackRock, and Fidelity promote this narrative, urging you to adopt their logic and buy in.
It’s true that with such big players and media support, Bitcoin’s value has grown tremendously. But does that mean their claims are valid? Let’s dive deeper.
The Problem with FOMO
Today, a coin like “Fartcoin” can pump 50% and make it into the top 100 cryptos. Why? Because convincing people to buy something often works, even if the product lacks long-term value or sustainability. This phenomenon, driven by FOMO (Fear of Missing Out), does not guarantee intrinsic worth.
Let’s Get Logical
Crypto is inherently complex and difficult for the average person to understand. Many simply follow what “smarter” people or influencers say on social media. Even major institutions like BlackRock and traditional finance (TradFi) players have only been in the Bitcoin game for a few years—they’re newcomers to the space.
Now, ask yourself: If Bitcoin is the first cryptocurrency, does that automatically make it the best?
Do we still drive the first cars ever created?
The Flawed First-Mover Advantage
BTC whales want you to believe that the first is the best and will always remain so. They ignore the concepts of improvement, innovation, and technological advancement. Essentially, they’re asking you to buy the “first car” because they own a lot of them.
In reality, Bitcoin was an experimental product that proved finance could exist without traditional banks. It was revolutionary at the time, but technology has since advanced far beyond Bitcoin. Modern blockchain projects, Layer 1 solutions, NFTs, and smart contracts are faster, more sophisticated, and more innovative.
Bitcoin is the “first car,” but it belongs in a museum. The financial system, however, is still riding it to extract as much money as possible before its limitations become widely apparent.
Bitcoin’s Lack of Utility
The internet became mainstream within five years, revolutionizing communication, entertainment, and commerce. Yet after 18 years, Bitcoin remains largely useless—propped up by those who own it and fueled by speculation rather than utility.
This focus on Bitcoin has stifled innovation, as other promising crypto projects struggle to gain attention due to the media’s obsession with BTC.
Why Bitcoin Is NOT Digital Gold
The comparison between Bitcoin and gold is misleading and fundamentally flawed:
Gold is a physical, tangible asset. It cannot be duplicated, and there are costs associated with mining, refining, and maintaining it. It has intrinsic value due to its beauty, utility, and millennia-long cultural significance.
Bitcoin, on the other hand, is a digital object. By nature, digital assets are infinitely reproducible at no cost (copy function in the computer). While Bitcoin’s cryptographic system creates artificial scarcity, its utility can be replicated and improved by countless other projects.
The Fragility of Bitcoin’s Protection
Bitcoin’s value relies on its blockchain’s cryptographic protections, which prevent duplication and ensure secure transactions. However, no digital protection has ever been immune to hacking. Over time, as technology advances, it’s possible someone could crack Bitcoin’s security, change the blockchain, or access wallets by breaking passphrases.
Do you know any protection that lasted forever? Ask Apple and their DRM, ask Microsoft with their software projections.
If that happens, Bitcoin’s value could plummet to zero. Wall Street knows this, and they are profiting while they can. When a hack or major failure occurs, they’ll exit the market, leaving retail investors to bear the losses.
Conclusion
Bitcoin is not “digital gold,” nor is it a reliable store of value. It was an incredible invention that paved the way for blockchain technology, but its time as a leader is nearing its end. Innovation and technological progress have outpaced Bitcoin, and the idea that it will remain dominant forever is a narrative pushed by those who stand to gain the most from it.
Thanks for reading.
BITCOIN The Volatility Index points to strong consolidation nextLast time we analyzed Bitcoin (BTCUSD) in relation to the Volatility Index (VIX), was 4 months ago (August 22, see chart below) and was an extremely successful projection as we took advantage of the 1W MA50 (blue trend-line) bottom and predicted the $100k Target, which recently got hit:
Once more, we decided to seek the (mostly) negatively correlated patterns of VIX (chart on the right) to determine BTC's (chart on the left) price action in the coming months.
Based on VIX's Channel Down, the fact that it broke below its 1W MA50 (blue trend-line) and now is rebounding indicates that BTC may be entering a weekly consolidation phase. As you can see on VIX's chart, every time it broke below the 1W MA50 and started rising, Bitcoin entered a multi-week consolidation phase that sometimes was quick and others many months in length. Its 1W RSI is also at a level that relates to all those consolidation phases.
In our opinion this consolidation has more probabilities of being similar to December 04 2023 - January 29 2024, as the post August 2024 rally resembles more the rally that started on August 2023. This highlights the high degree of symmetry within Bitcoin's 2-year Channel Up.
If it continues to replicate that huge Bullish Leg, then we might as well see the rally peaking upon a +195.27% rise again. That could target $145000 by May 2025, which technically would also be marginally above the 1.5 Fibonacci Channel extension, similar to the March 11 2024 High.
So what do you think? Is it possible for Bitcoin to enter a multi-week consolidation now? Feel free to let us know in the comments section below!
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You do not know the future, stop telling people you do. I honestly wish everyone in the market well and I hope things work out for the bulls. I'm not a salty person hoping people lose just for the sake of it, but some people really need to get a grip.
Every single time I discuss crypto here people DEMAND I adopt their point of view. Even although I thoroughly explain my methods. Have a track record of catching many epic swings here and tell them I've used these patterns for a living for over a decade.
They still insist I change my view to theirs, and most of the time theirs is a YouTube video.
YOU DO NOT KNOW THE FUTURE.
Stop, literally, telling people what to do. You're not qualified to tell people what to do. And you do not know if you'll ne right.
You just think you do.
And that ... makes you foolish.
The idea just because you think something is right that means you know the future outcome of speculative markets is a delusion.
Sadly, it's one usually only the market will resolve.
If you're wrong ... your not going to be accountable. Are you? There's no exit plan.
There really is no plan.
Stop insisting people follow your no plan.
Not everyone wants to gamble on you knowing the future.
Bitcoin BEARISH 4 Hour Chart - Trend Line Support BrokeBitcoin has broke down through an important trend line support level on the 4 hour chart. It is currently in the process of re-testing the line before a continuation down again. It's possible that Bitcoin may gain short-term up to around $100000 before the re-testing is complete. Or it may just start falling like a rock before then.
The trend line was tested multiple times and is a reliable signal of what is to come. This also agrees with my analysis on the weekly chart too. Both charts indicate a potential drop for Bitcoin to around $75000.
Please note: this is a crazy world and anything could happen, but this is my analysis based solely on the chart. I would say the same if it were corn, copper, or whatever else. Be cautious buying Bitcoin anytime soon based solely on hype! As I said above, it could gain short term to re-test the line which is now resistance, but it will probably be short-lived.
BTC\USD Ascending Broadening Wedge FALL ALERTIn this idea we have a ascending broadening wedge On Bitcoin that really matches the behavior we have witnessed recently. I did my best to project the targets we should see as we break out to the downside assuming that is how this moves. Maybe it will maybe it won't. Only time will tell. Good luck to everyone and much love- ND
Ps-If you look at the formation in smaller frames where we are now you will see the exact formation that is towards the end of the example.
BTC heads up at 97.8k: Genesis fib and Last Stop before 105kShown here is a single fib series in three different time frames.
The Genesis Sequence has caught every major turn since 2015.
This fib is a "minor" ratio but a big jump from Golden fib below.
$ 97,769.44 (Coinbase) is the exact level of concern.
It is PROBABLE that we see a pullback from it.
It is POSSIBLE that it marks 'a' top or even 'the' top.
It is PLAUSIBLE to orbit a few times and then continue.
======================================================
"The Target Matrix"Traders, new targets are in sight! Bear in mind, I’ll be constantly evaluating to ensure these targets are hit. With deeper research into smart money’s potential next moves, I’m now comparing these targets using more advanced market dynamics. The market may appear ready to collapse, but I’m not letting go that easily. A big wave is coming — I can’t say exactly when, but it’s on the horizon.
Will I cancel this idea before the targets are reached? Absolutely, without hesitation. Markets evolve by the hour, and one thing we must learn is that Technical Analysis updates constantly. But I’m not justifying myself with that; my confidence comes from the precision of ATR volatility, enhanced whale movement analysis, and several other robust methodologies.
Current Trade Setup:
• Using an ATR with RSI scanner, my long position has a stop loss at $87,840 and a profit target at $113,329.
• Additionally, I’ve identified two key ATR levels and will soon provide short positions to outline potential downside targets if a downtrend emerges.
• As for the $80K zone — that’s the least of my concern, as there’s no meaningful signal pointing to that level.
Strategy Insights:
My zig-zag strategy is in play, reinforced with Fibonacci calculations, high and low labels, and whale enhancements. As prices move, I’ll compare these levels and issue bullish printouts when signals show pending opportunities. Two smart money contractions and true value lines are mapped out, indicating where prices are likely to drop. When a descent begins, I’ll measure a short position ATR to ensure the downturn doesn’t catch you off guard.
And for the Alts:
Good news is on the way. Stay tuned and be ready.
BTC/USD 4 HOUR CHART FALL WARNING BARTS HEADIn this idea I illustrate how we are on a Barts head falling to 86-87k range. The reason I believe this has been missed by a lot of people is the slanted angle of it as we are on a hard uptrend. Tilt your head and see what I mean...I hope this helps you. Much love - ND
Bitcoin (BTC): Waiting For Final Confirmation!On a daily timeframe we are waiting for that waiting zone to be broken fully and secured by sellers, where as of now we have been just testing the grounds there.
As soon as we see the break of this zone, we will be looking for a further movement to the final correctional movement.
This would be the most ideal setup and if we reach the lower zones near 200EMA, this would be 100% zone where we would buy everything on the way!!!
Swallow Team
Actual Bitcoin Cycle!!!This is the possible count for the current BTC cycle; we should see a correction in this zone according to the sub-trend before resuming toward new highs near 142k.
BTCUSD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for EUR/USD below:
The price is coiling around a solid key level - 97265
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 10074
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
#BTC/USDT Eyeing on a NEW ATH OR Is it JUST A TRAP?Bitcoin had a beautiful daily close, but it’s still trading below the dynamic support trendline. A sharp bounce off the 50 EMA resulted in a strong hammer candle, a promising sign for the bulls.
Was this a trap?
Are we on a path to a new all-time high while many players have already been shaken out and liquidated?
The next few daily candle closes will give us the answers.
Stay tuned.
#Crypto
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Thank you
#PEACE
