BTC Monday DropIn past bull markets, especially 2017, I remember that we used to joke that the market always pumped on Sunday and then dumped on Monday. We seem to have temporarily recaptured that trend. But the day is not done, and Bitcoin hit $106K yesterday… hard to be anything but mega bullish.by ScottMelker2
#btc #elliottwave short sell setup wave a 14Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.Shortby alibadshah88225
Daily Analysis of Bitcoin – Issue 230The analyst believes that the price of { BTCUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.Longby MoonriseTA3
BTCUSD will go fly Hello Traders and investor BTCUSD can fly 111.000 It's support will be 101.000 Current price 104,000 It's 1st target will be 106,000 I have placed the remaining targets in detail in the chart Shortby Roberthook5
BTC/USD Short on the hour. After Bitcoin touches All Time Highs once again, I believe there may be a bit of a. correction. Profit taking sometimes occurs when this happens. Technicals are also pointing towards a slight drop in price. If all of my rules are still passed at 9am UK time, I will be shorting BTC/USD. SL - 105421 TP - 104717Shortby James_Gordon_Sandrock331
Markets top on euphoric news.Did Donald Trump ringing the opening bell at the New York Stock exchange today, Signal a dip before a rip? Isn’t it strange that he spoke with Jim Kramer? What are the market makers really up to? Big money, always leaves, clues or crumbs. A real technical analyst always attempts to follow the money and what clues they’re leaving behind and to where they are placing their bets. Is market manipulation real? How much influence do these people really have to fade the market in an ability to buy at lower prices and shake everyone out? How many people fall for it? There’s still remains many questions as to where the big money has to invest. Mini mutual funds and or investors have a fiduciary responsibility to invest capital for their shareholders and what not. I’ve read the book one up on Wall Street and I’ve come to the conclusion that you as a retail investor can place yourself in a favorable position to capture some of the gains or leftovers of the big players.Longby ParabolicP5
BTC Surge Continues on Strategic Reserve Signals & World LibertyBINANCE:BTCUSDT continues with the price action today, opening up oportunities for fast acting traders to cash in on both short and long positions. Cheer up Habibi! Its going to be a great rider for BTC as American President embraces BTC like a big American flag he likes to hug. The crypto industry continues to respond from signals from our old man Bitcoin even as he shows some age, but no indication of slowing down in a rapid charge towards a glorious new administration supportive of crypto investors and financial firms. Geopolitically aware investors in Western Asia will be bright to keep a keen eye on the moves of Trump affiliated investing firm, World Liberty Financial, who is filling up their water carriers with millions in GEMINI:ETHUSD - GEMINI:AAVEUSD - GEMINI:LINKETH to prepare for something we are all curious about. Stay tuned for breaking news and updates on World Liberty and POTUS47 related investments. With chart pattern "Wolf howling at winter's full moon" clearly showing above, CRYPTOCOM:BTCUSD is the oasis from which we all find water in the desert. Know this, and know it in all rooms of your house - all surrounding tokens will grow green and prosper in this active & rich environment. Stay tuned traders, and keep your alerts tuned and ready. The Bitcoin water will only nourish every trader who passes by this sweet oasis of wonder. Hear the wolf's call and plant many seeds. Remember Habibi, the desert tests your will, not your strength. www.bloomberg.com coinpedia.org thecryptobasic.comLongby LawrenceOfCoinrabiaUpdated 1
BTC lookin a little toppy - Wyckoff distribution BTC Daily ChartJust noticed this wyckoff distribution on the BTC Daily chart. Combined with the pinbar forming on the daily i think we are putting in a local top here Hope im wrong but been seeing a market wide correction coming for a bit now Buckle up this could get crazyShortby Wealthfreq2
Bitcoin: Master Price Action for GainsBITSTAMP:BTCUSD AlexGoldHunter Technical Analysis Using Price Action Techniques Key Levels and Zones Resistance Levels: 0.382 Fibonacci Level: $105,050 0.5 Fibonacci Level: $105,045 Support Levels: 0.618 Fibonacci Level: $104,070 0.705 Fibonacci Level: $103,700 0.786 Fibonacci Level: $103,400 Fair Value Gap (FVG): This zone indicates a potential area of interest for price action traders. Order Block (OB): Another area of interest where significant buying or selling activity has occurred. Change of Character (CHoCH): Indicates a potential shift in market sentiment. Break of Structure (BoS): Confirms a change in market structure, often used to validate trend reversals. Volume Profile The volume profile shows the distribution of trading volume at different price levels. Higher volume nodes can act as support or resistance. Indicators Relative Strength Index (RSI): Currently around 72.01, indicating overbought conditions. Moving Average Convergence Divergence (MACD): MACD lines are above the zero line, suggesting bullish momentum. Buy Strategy Entry Point: Consider entering a long position if the price retraces to the FVG or OB zones and shows signs of a bullish reversal (e.g., bullish candlestick patterns or increased buying volume). Confirmation: Look for confirmation from the RSI (moving back above 40) and MACD (bullish crossover). Stop Loss: Place a stop loss below the recent swing low or the lower boundary of the OB zone. Target: Set initial profit targets at the resistance levels (0.382 and 0.5 Fibonacci levels). Sell Strategy Entry Point: Consider entering a short position if the price reaches the resistance levels and shows signs of a bearish reversal (e.g., bearish candlestick patterns or increased selling volume). Confirmation: Look for confirmation from the RSI (moving below 68) and MACD (bearish crossover). Stop Loss: Place a stop loss above the recent swing high or the upper boundary of the resistance zone. Target: Set initial profit targets at the support levels (0.618 and 0.705 Fibonacci levels). By using these price action techniques and key levels, traders can develop a strategic approach to buying and selling Bitcoin based on the chart provided. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds by Alexgoldhunter2
Bitcoin to $129,000My Bitcoin roadmap for this bull run. Price seems to respect the levels (green lines), and has given great positions since August. How to use this map: 1. When the price punctures one of the green lines, expect more upside. Look for a pullback to get inn. 2. Add on when the price breaks out above the green lines. As you can see in March 2024, we punctured the line at $73,300. Then when it pulled back, It went back to retest it. I did not pass the line on the next attempt, so this is a signal to short. Especially when we saw price pass the line at $60,500 in May 2024. Right now, price has clearly broken above $103,800. Usually, we go 2 levels before a stronger pullback. In this case, that should lead us to $129,000. You're welcome to contact if you have any questions. Longby Jan80Kenneth113
BTC Surges on Signal of Trump's US Strategic ReserveWith market reactions trending very positive, COINBASE:BTCUSD saw a big surge today as investors were encouraged by Trump's signaled support for large investments in a US BTC Strategic Reserve fund to back up the Treasury Department and their indicators of a more supportive environment for crypto investors and holders in the United States of America. This comes as a welcome change for residents and businesses engaged with building the ever growing crypto economy which will empower free markets, free thinking, and free people. With over $200M USD positive BINANCE:BTCUSD inflows to Binance in the last 12hr, we can only guess what the total inflows look like right now on an hourly or even minute-by-minute basis across all exchanges worldwide. A large spike in trading volume during the day Sunday fueled traders excitement as many were attracted to the market over the weekend. Your reaction to this good news might depend on what kind of trader you are. Are you Microstrategy? Your stock just went up! Personal investors - "this is great! lets see more!". Well a lot of times people expect good and underestimate the downside. It is a great opportunity here to apply reverse psychology and short the market. This strategy is not right for everyone but there could definitely be opportunity for both long and short entry points when using the informative and actionable MACD Strategy indicator on your charting. Perhaps even learnings will come from this. Have a beautiful day, and remember Habibi, the desert tests your will, not your strength. messari.ioShortby LawrenceOfCoinrabia1
BTCUSD Ascends: Navigating the Bullish Terrain Overview: The BTCUSD pair demonstrates robust bullish momentum as observed across varying time frames, substantiating a strong upward trend in the short to medium term. This analysis delves into the dynamics from 5-minute to 1-day charts, detailing critical technical levels and potential strategies for capitalizing on the current market conditions. Technical Analysis: 1. Short-Term Volatility and Momentum (5M and 15M Charts): - On the 5-minute and 15-minute charts, the pair showcases pronounced short-term volatility, marked by quick shifts in price direction. This indicates high intra-day trading activity. - Notably, the 15-minute chart evidences a pattern of higher lows and higher highs, underpinning sustained buying pressure and a short-term bullish bias. 2. Medium-Term Trend Consolidation (1H and 4H Charts): - The 1-hour chart reveals a clear bullish trend with consecutive green candles, highlighting strong buyer dominance. - The 4-hour chart amplifies this perspective, showing fewer but larger bullish candlesticks, crucial for assessing the medium-term market direction, which leans decisively bullish. 3. Long-Term Market Sentiment (1D Chart): - The daily chart solidifies the bullish narrative with larger upward moves, offering a comprehensive view of the long-term market sentiment favoring the bulls. Key Technical Levels: Support Levels: - Short-term support at $104,800. - Mid-term pivotal support at $102,500. - Major baseline support at $100,000, significant for longer-term trades. Resistance Levels: - Initial resistance observed near $106,000. - Following this, psychological resistance may emerge around $107,000, a potential area for profit-taking. Technical Indicators: Moving Averages: Incorporating moving averages (50-day and 200-day) confirms the bullish setup, as they are positioned below the current trading price, signaling a buy trend. RSI and MACD: These indicators are key to identifying overbought conditions or any potential trend reversals. Monitoring for divergence between these indicators and price action could forewarn of momentum shifts. Trading Strategy: - Buying on Dips: Given the bullish momentum, entering positions on minor retracements offers an advantageous route, utilizing the existing upward drive. - Setting Stop-Losses: It's prudent to set stop-loss orders below significant support levels to safeguard against sudden downturns. - Profit Taking: Establishing profit targets near identified resistance levels or after notable price increases can maximize gains from the trend. Conclusion: BTCUSD offers a compelling bullish outlook across all examined time frames, presenting lucrative opportunities for traders. It's advisable to remain vigilant, monitoring volume and price action for confirmation of ongoing momentum, while adjusting trading strategies to align with unfolding market dynamics and managing risks efficiently. Longby EliteTradersChoudharyJI3
BTCUSD Correction may Continue Bitcoin briefly dipped below $94,000 earlier this week but recovered strongly, stabilizing around the $100,000 mark by Friday. Despite these mixed sentiments this week, institutional demand remained strong, adding $1.72 billion until Thursday. Bla bla bla! The COO of Indian crypto exchange Giottustold FXstreet that the financial incentive for investors is to support adding Bitcoin to a company’s balance sheet. Bitcoin (BTC) reclaimed the $100K level, trading near $100,100 on Friday after a recent decline earlier this week. The recent pullback in BTC was mostly due to high-leverage traders and some holders booking profits. Despite Microsoft’s rejection of adding Bitcoin to the company’s balance sheet, institutional demand remained strong, recording a total inflow of $1.72 billion until Thursday. Giottus COO Arjun Vijay highlighted the growing financial incentive for companies to adopt Bitcoin on their balance sheets. Bitcoin reaction this weekShortby POWERFUL_TRADERS3
Questions Halving Promotors Never Want to Answer Many people here are eager to explain the bets people should make based on the halving but they're never willing to answer the obvious questions about the hypothesis. Here's a collection of questions I must have asked here 100 times in replies to my posts that I've still not gotten an answer to: Why the indices correlation? When you run an analysis on SPX price moves and BTC price moves post halving, they have a coefficient of 0.85. This means all the statistical evidence points towards BTC moving in tandem with risk on/off cycles in equities. ----- Why do people ignore this correlation when it is as reliable (or more) than the halving? Why does the exact same moves in indices and BTC get treated totally differently? When has the halving thesis ever deviated from simple SPX correlation? If there are no deviations, why isn't it best to assume it's related to SPX tracking? ----- Why would the entire market know an event to move price higher was coming and then wait an exact number of days to take action on that? If you've been in the market any length of time you'll have surely heard the saying "Buy the rumour, sell the news". You may have also heard, "Markets prefer to travel than suddenly arrive". This has been a guiding principle of all markets for all time. Why is the halving a "Sell the known coming event, then ignore the news for x days and then buy the event after the fact? ----- Given all halving dates are already known, why isn't this priced in now? Why in the biggest FOMO market there is would there be this organised "Waiting period"? Why has game theory and market dynamics not led to front running? How do these supply/demand dynamics reflect anything about S/D known in markets? ----- What are the failure conditions of the halving bet? I have some of the dumbest convos on this. People insist I MUST BE LONG NOW to not miss out on the halving and then when I ask them what level price can not go under inside of the halving theory ... it gets real fuzzy. And when you dig into it, the answer generally ends up being "Up to 70% drawdown".... Okay - so trying a short here is fine inside of that, right? ----- Why are people making all knowing statements about exactly what should happen and unable to give the most basic risk control? What happens to people who listen to you if you're wrong? Do you have plans to let them know if the theory fails? If not, why are you not telling them the risk if wrong is 70% (Inside of accepted risk). And I suppose the idea is to just entirely ignore the limitless risk if the whole thesis is wrong? ----- When has the BTC halving idea ever overcome a SPX drop? I've been told various times in 2020 there was a deviation from the halving cycle because there was a swan event. Fair enough ... but then this means that the halving forecast will only be right if nothing broadly bearish happens, right? In any instances where we've had halving theory vrs indices bear move - following the indices has won. ----- Why is this not considered evidence against the thesis and for the correlation? Why are you not caveating your forecasts with this known risk? Is it far to say the BTC cycles thesis can easily fail if there's outside events? ----- These things simply do not make sense. They're elephants in the room. People act like the cycles thing is some sort of esoteric knowledge that only a select few know. That's nonsense. I have a kid cousin who can't tie his shoelaces yet but can tell you what the halving forecast is. He does not really understand everything he's saying. He's just repeating things he's heard ... but, that's kinda true for most of you to be honest. Because it takes about 5 mins to understand the halving thesis. Takes about another 1 min to come up with the obvious tests and objections and then maybe takes 10 mins to test those and highlight the flaws. There are some people who've spent literally hours and hours on my posts berating me about why I should be blindly following the halving and in all of this time they've not answered the questions I think should be thought of in the first minute. And I do ask them. Directly and repeatedly. They change the topic or go quiet. To be honest, most of the time they start to drop insults. It's wild, when you think about it. "I am heralding in the future of finance and here to tell you about this halving cycle which I know everything about and expect to be infallible". "Okay. Could you answer a few questions I have about this?" "LMAO. Have fun staying poor". === Think about how disconnected the way BTC bulls act is relative to what they proport to be a part of. Why are you not eager to answer these common sense questions? Shortby holeyprofit338
BTCUSD SELLSelling based on my strategy, trend analysis BTC is long term buy but in short term we can get a few sells here and there. Please Like Follow & ShareShortby ZenFX1_1
Cup and Handle in Bitcoin leads to $117,300The sideways to down movement in Bitcoin since Dec 5th when it hit its $104,000 ATH has all been just a 10 day cup and handle that has formed. The cup depth is about $12000 as measured by the vertical line shown on the chart. I cloned that line and put it at the expected breakout of the handle. The price target for this cup and handle is $117,300 and it could come later this week as shown by the top of the cloned line and the Elliot Wave projection. by shubbs111
SPY/QQQ Plan Your Trade For 12-13 : Carryover In ContertrendToday's pattern is a Carryover in Counter trend mode. As you'll see in today's video, I'm highlighting many various new features and techniques to help traders understand price movement and context related to trading opportunities. We need to understand how to target opportunities and how to avoid risks. I had a long conversation with a subscriber yesterday - he's struggling to understand how to trade efficiently. Trading is all about jumping on opportunities when they hit and trying to avoid risks and overtrading. I see so many people try to trade everything that ticks - even when they should be sitting on the sidelines and waiting for better opportunities. If you want to gamble with your trading account - throw a dart and pick BUY or SELL (RED or BLACK). If you want to learn how to consistently target the best trade setups, then learn to WAIT for the best setups, execute your trades, then PULL PROFITS/EXITS as quickly as you can. You should be able to trade only 2 to 3 times a day and do very well - if you don't get trapped in trying to WISH a trade into profits. Remember, trading is unlike anything else you've ever tried. The more time you try to WISH something to happen, the more likely you are taking on excessive risks. I'm working on new tools to help all of you develop better skills. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Short37:47by BradMatheny1
BTCCOIN Trend Once Rise AgainBTC May Once Rise Again here is some Profit Taking Point. Here is the bullish pattern seems as a very strong Traders I'm seeing price will may here from upside because of Tomorrow CPI Biggest Momentum In market we expect Guys. I'm Seeing price will Move to Top My Resistance Zone 101K. Rate Share Your idea about BTC What's Price Going on.Longby FxJennefirUpdated 116
Ripple Receives Approval for StablecoinMarket Update - December 13, 2024 Amazon shareholders urge the company to allocate 5% of its reserves to bitcoin: The proposal highlights bitcoin’s outperformance against traditional assets and echoes similar moves by companies like MicroStrategy and Tesla. Crypto liquidations hit $1.5 billion Monday as bitcoin dipped below $95K: But the world’s largest cryptocurrency rallied past $101,000 on Wednesday after positive inflation data set the stage for a rate cut next week. Ripple's RLUSD stablecoin secures approval from New York’s financial regulator: The launch will now proceed with exchange and market-maker partnerships already in place. Hong Kong accelerates crypto licensing as global competition heats up: Plans include streamlined approvals for crypto trading platforms and new regulation for stablecoins. The Cardano Foundation's X account was hacked, leading to fake announcements about a token and an SEC lawsuit: The breach triggered significant trading activity and community confusion before being addressed by the Foundation. 🫱 Read more here ➕ Topic of the Week: IPOs, ICOs, and STOs – What’s the Difference?by Gemini3
Time for the break-out?LEt's see. It hit the trendline a few times now. If it breaks it will go to approx 107500 I think. After that either a retrace or a bigger drawdown to mid 80's or even 70'sby VinceHunger1
$BTC is Preparing for a Big Rise Again!#Bitcoin had made a big run after closing the 3-week candle in November on the Fibonacci 1.618 level, which was obtained by reference to the July 2023 peak and September 2023 bottom point. Likewise, the third weekly candle is about to be completed on the Fibonacci 1.618 level, which is obtained by taking the March 2024 peak and August 2024 bottom point as reference.by EtherNasyonaLUpdated 7
Bitcoin BTC is near major resistance area102000 is CMP. Watch out the Symmetrical triangle patternShortby Hp_stocktrader3
BTC's Comeback: Double-Top Pattern Signals Big Moves AheadThe grammar is clear and the structure is solid. Here’s a slightly refined version for flow and readability: Crypto traders have plenty of reasons to be excited. The next few days could bring significant movements in BTC. A majority of the losses from the December 5 crash, which followed the previous all-time high, have already been recovered. Furthermore, the price has formed a double-top pattern, aligning with the highs of December 6 and December 11. Ideally, the price might dip towards 97,785 before pushing upward or consolidate sideways for a day or two before breaking out to the upside. Traders may attempt to go long regardless, given the current double-top pattern. However, it’s preferable to see a third top form just below 102,150, transforming the pattern into an ascending triangle—a more powerful bullish signal. Breaching the December 11 high could indicate a potential rally toward 110,500. This move could also significantly uplift altcoins, many of which have recently suffered steep 30% declines. What’s your take? This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.Longby ThinkMarkets6