BTCUSD.P trade ideas
$BTC for now looks like we've held itMARKETSCOM:BITCOIN has captured the Christmas spirit. For now, the supply zone appears to have become a demand zone.
There was a large group of bears in the past few hours that wanted to go down a bit around 97k. They have currently overtaken the bulls. The 97k also seems to be a nice resistance and we have now done a neat test and we went back up again with the best speed.
Now I would like to see us enter the 100k and break it again. We may well see a new ATH in the short term.
If this works, I certainly expect a target towards 120k and 125k
Wishing everyone a very Merry Christmas.
Be kind to the world and each other!
BTCUSD Long set-up ( 24/12/2024 )My personal view on BTCUSD.
I still expect some bullish momentum on BTCUSD.
Daily is still in an uptrend.
My bias will only change to longterm short positions when we have a reversal pattern or DT on the Daily chart.
No financial advice
Expired BTC.USD Weekly outlook. 4th WK DEC 2024Expired BTC.USD Weekly outlook. 4th WK DEC 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 93,098
This Week Target Price: 98,468
Strike Price: 99,378 on DEC 24, 2024
Upper Range: 104,929
Lower Range: 92,008
Bitcoin analysis today: -92000-94000 life and death battleBitcoin analysis today: -92000-94000 life and death battle
Predicting Bitcoin is like predicting the weather - it's just that the weather is not often wrong! '"
Williams' Bitcoin weather forecast:
Straight lines belong to humans, curves belong to God
As shown:
The price of Bitcoin has stabilized below $94,000
I still think: shorting Bitcoin near $94,000 is the right approach.
In the process from point A to point B, Bitcoin completed a sprint, set a new high, and finally stopped at around $108,000.
The process from point B to point C represents the complete end of this force.
The exhaustion of Bitcoin's volume is already very obvious.
We can draw a conclusion:
1: All players who are long Bitcoin above 92,000, their stop loss is 92,000.
Imagine: If it breaks through $92,000, Bitcoin will inevitably usher in a panic exit, and countless long players will be liquidated at this moment.
Conclusion: Bitcoin will only fall more outrageously.
2: 9200 The support near 0 must be the strongest support at the moment.
If the trend does not change, then 92000-94000 will be the best bottom-fishing range for global bulls.
In the absence of major positive factors, Bitcoin is no longer driven by huge transactions. Every time Trump talks about Bitcoin, his prestige has declined again and again.
This is an indisputable fact.
We are now focusing on the fluctuations in the 92000-94000 range to lay out intraday trading signals
I will continue our thinking yesterday
Continue to short Bitcoin near 94000.
SELL: 93500-94000
SL: 97500
TP1: 92000
TP2: 90000
TP2: 88000
TP4: 86000
If you are reading my article, I hope you can leave me a message for feedback. I will answer them one by one and analyze the real-time signals for you. Thank you very much
Bitcoin's Weekly X-Trend confirms Christmas SupportPost 100k offered temporary and limited upside (108k) near term as TREND B5
provided strong resistance to be followed by a strong decline in price.
Respect the trend.
TREND A6 suggests the bottom of the current price range to be around 95k.
TREND A6 has proven to provide strong support as holiday season is upon us.
Can we be heading into another Christmas rally? Seems so.
To all a happy holiday and a Merry Christmas. Enjoy the gift.
The last Bitcoin swing for the 2022-2024 cycleI called this date months ago. this will be the final bottom before the 2024 cycle ends
Bottom of the last Bitcoin swingI called this date months ago. this will be the final bottom before the 2024 cycle ends
Bottom of the last BTC swingI called this date months ago. this will be the final bottom before the 2024 cycle ends
BTC USD entry point97200. target 96200 stop loss 9800Here's a summary of your updated trade plan:
Trade Plan
1. _Target_: $96,200
2. _Entry Point_: $97,200
3. _Stop Loss_: $98,000
Your plan indicates a bearish outlook, expecting the price to drop from the entry point to the target.
Key Considerations
1. _Risk Management_: Ensure you're managing risk with proper position sizing.
2. _Market Conditions_: Monitor market conditions and adjust your plan as needed.
3. _Technical Analysis_: Consider using technical analysis tools to support your trading decision.
Would you like me to provide current BTC/USD market data or analysis?
30minutes | Bitcoin | Analysis | 24/12/2024Asalam.o.alaikum (Hi) Community,
Hope you are fine and doing all of your great, so yesterday i published 2 analysis and we noticed market behavior exactly on the key levels as i pointed out. So, for today the market key levels are as following:
Bullish
We have 2 character & required IF candles too break market further bullish.
Bearish
We have characters at the bottom too, if those break we can see market going further down.
For Now we have these key levels.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
23/12/2024
$BTC send it! Merry Christmas everyone!
Currently important movements for Bitcoin. We are now in the most important zone for breaking. We can break this and keep this demand and supply zone. We have a lot of space
BTCUST 1 Hour TA : Good Opportunity to sell Hello traders good opportunity to sell and will get massive profits in BTCUSD
SL was must good luck for ride opportunity
key points
entry $97400
TP $96100
TP$96100
TP$95100
TP93200
SL $98768
keep follow like share and comments for daily TA and fundamental analysis and signals
BTC/USD AnalysisLast week's price drop from $108k to $104k appears to be a fake rally to the downside. The latest COT report reveals that long positions continue to increase, while short positions decrease. This suggests that commercials remain bullish and are positioning themselves for a potential price increase, indicating a strong interest in taking BTC higher.
An example of my forecasting systemWe look for time pivots in the sky and apply it on our charts. You'd be amazed at the precision my trading system is granted just by taking time pivots from the sky
BTC Halving and topsAnalyse BTC Halving, tops and fibs.
Analyse of BTC with fib extensions, halving and tops, all BTC cycles
Huge RSI divergence on the daily$58k low is holding for now. Huge RSI divergence. If the $58k low holds, this could be the launching point to new highs and a bull run later this year.
Daily Analysis of Bitcoin– Issue 236The analyst believes that the price of { BTCUSD } will decrease 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.
December 24 Bitcoin Bybit chart analysisDecember 24 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Nasdaq 30-minute chart.
There will be an indicator announcement at midnight tonight.
Since Nasdaq is in an upward trend,
If there is no immediate adjustment from the current position,
I will bet on a vertical rise at midnight.
This is a 30-minute Bitcoin chart.
I marked the main sections with black fingers.
*When the red finger moves,
One-way long position strategy
1. $93,786.5 long position entry section / stop loss price when the green support line is broken
2. $96,549.5 long position 1st target -> Top, Good, Great in that order
I left the movement path in the middle with a pink finger,
so I think it would be good to use it.
The first section at the top is the short position operation section.
If there is a decline today, it can be the best short entry section.
When touching the first section,
depending on the wave,
it can be pushed up to the second section,
and the reason why the stop loss price was set to break away from the green support line is
because it is possible that it will shake up to this section, and if it breaks away from the green support line,
it is also the place where the mid-term trend line is broken.
So, I think it would be good to use split buying, etc. as the final long position entry point until the 2nd section.
Between the 1st section and the Gap section at the top,
the Bollinger Band 4-hour chart and the 6-hour chart center line overlap,
but since the 4-hour chart center line is the second touch,
it can rise strongly when it breaks through, and the 6-hour center line is not very important in the time zone, so I ignored it.
As long as this point is not broken, the upward trend seems to be fine.
Please refer to the Bottom, 89,186 dollars at the bottom when it breaks out.
Please use my analysis up to this point only for reference and use,
and I hope you operate safely with principle trading and stop loss prices.
Have a Merry Christmas to everyone,
and I will see you on the 26th.
Thank you.
BTC discountI see 2 variations in the development of events in the market.
Bitcoin will test the support at 90 once more and from there conquer new peaks, and this will be a repetition of the fractal.
Or we will go into a deeper correction and reach 0.618 fibo, and only from there to 1.618.
In the meantime, Alta will keep its levels, and no one will let you buy any lower.
Psychologically, everyone will be afraid to buy alt and ether when the cue ball falls low, so the alta will hold its position firmly, update the maximum local loi, and then the altseason, everything flies up, the ether is a new atx, the cue ball is only followed by a new atx, then there will be a sale, and a bloody local bear before the final race.
Bitcoin in 2024: Key Trends, Recent Developments, and Future OutBitcoin in 2024: Key Trends, Recent Developments, and Future Outlook
H ello,
Bitcoin, the world’s first and most prominent cryptocurrency, continues to dominate the digital asset landscape in 2024. Amid a rapidly changing environment shaped by regulatory updates, technological advancements, and shifting market dynamics, Bitcoin remains at the forefront for investors, institutions, and blockchain enthusiasts. Here, we explore the key trends, recent developments, and risks influencing Bitcoin’s journey.
Market Trends and Sentiment
Bitcoin’s performance in 2024 has been marked by volatility and resilience. Following a period of price consolidation in 2023, renewed interest in Bitcoin has surged this year, fueled by macroeconomic factors like inflation concerns, geopolitical tensions, and increasing institutional adoption. This renewed focus propelled Bitcoin to a new all-time high of over $103,000 in December 2024, reflecting both strong demand and fluctuating investor sentiment.
The bullish outlook is largely driven by institutional adoption. Major financial institutions have expanded their Bitcoin offerings, including exchange-traded funds (ETFs), custody solutions, and Bitcoin-backed loans. The U.S. Securities and Exchange Commission (SEC)’s approval of several spot Bitcoin ETFs earlier this month has been a game-changer, attracting traditional investors and enhancing Bitcoin’s accessibility. Conversely, bearish sentiment arises from persistent regulatory uncertainties, particularly in the United States, where stricter scrutiny of exchanges continues to cast a shadow over the market.
Regulatory Landscape
Regulation remains a pivotal yet contentious aspect of Bitcoin's growth. In 2024, several countries introduced comprehensive cryptocurrency frameworks, offering much-needed clarity for the industry. For instance, the European Union’s implementation of the Markets in Crypto-Assets (MiCA) regulation has set a benchmark for crypto governance within the bloc, increasing investor confidence.
Meanwhile, emerging markets such as India and Brazil have embraced Bitcoin as a tool for financial inclusion, fostering widespread adoption. However, not all regulatory developments have been favorable. The U.S. SEC’s cautious approach has delayed approvals for certain cryptocurrency innovations while increasing oversight on exchanges. This dichotomy between proactive and restrictive regulatory environments will continue to shape Bitcoin’s adoption and growth.
Technological Advancements
Bitcoin's technological foundations have seen notable progress in 2024, reinforcing its utility and appeal. The Lightning Network, a second-layer solution designed to enable faster and cheaper transactions, has gained significant traction. This technology enhances Bitcoin’s potential to function not only as a store of value but also as an efficient medium of exchange.
Sustainability has also become a focal point in Bitcoin mining. Renewable energy now powers a significant portion of mining operations, addressing previous criticisms about Bitcoin’s environmental impact. These advancements reflect a broader industry shift toward greener practices, appealing to environmentally conscious investors.
Adoption Trends
Bitcoin’s integration into both institutional and retail financial systems continues to deepen. Institutional adoption has reached unprecedented levels, with leading asset managers incorporating Bitcoin into their portfolios and major banks offering Bitcoin-related services. Retail adoption has also grown, with more merchants and platforms accepting Bitcoin as a payment method.
The rise of Bitcoin-backed financial products, including derivatives and tokenized assets, highlights its maturation as a financial instrument. Bitcoin’s increasing prominence in traditional finance signals its evolution from a niche digital asset to a key player in the global economy.
Recent Developments Influencing Bitcoin’s Price
Spot Bitcoin ETFs: U.S. approval of spot Bitcoin ETFs in December 2024 was a watershed moment, enabling easier access for traditional investors and driving Bitcoin’s price to new highs.
Regulatory Clarity in Europe: The EU’s MiCA regulations have bolstered confidence among European investors and institutions, fostering a secure environment for Bitcoin operations.
Emerging Market Adoption: Nations like Brazil and India have integrated Bitcoin into their financial systems, viewing it as a means of promoting financial inclusion.
Geopolitical Instability: Tensions in global markets have reinforced Bitcoin’s role as “digital gold,” attracting investors during times of uncertainty.
Sustainability Efforts: Renewable energy adoption in mining has improved Bitcoin’s environmental profile, drawing in environmentally conscious stakeholders.
Risks and Challenges
Despite its progress, Bitcoin faces significant challenges. Regulatory uncertainty in jurisdictions with restrictive policies remains a key risk. The SEC’s ongoing scrutiny in the U.S. underscores the hurdles Bitcoin must overcome in certain markets. Market volatility continues to deter risk-averse investors, while competition from other cryptocurrencies and blockchain platforms could dilute Bitcoin’s dominance.
Security remains another area of concern. While Bitcoin’s blockchain itself is highly secure, vulnerabilities in exchanges and wallets expose users to hacks and fraud. Education on best practices and enhanced security measures will be critical to maintaining trust within the ecosystem.
Looking Ahead
The future of Bitcoin in 2024 and beyond will depend on its ability to address these challenges while capitalizing on its opportunities. Key developments to watch include further regulatory evolution, ongoing advances in scalability and energy efficiency, and the continued integration of Bitcoin into traditional finance.
Bitcoin’s journey from a niche digital asset to a globally recognized financial instrument underscores its resilience and adaptability. As decentralized finance and digital currencies continue to evolve, Bitcoin remains at the forefront, shaping the future of the cryptocurrency landscape.
Regards,
Ely
BTC with a lot of UPSIDE potential.There is the option we get one more leg down, but I wouldn't count on it.
We are just touching the 50 Day MA and local support, with RSI having nicely reset and looking to move up again.
Momentum is still Bullish.
