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BTCUSD trade ideas

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.
BINANCE:BTCUSD
by CryptoNikkoid
102
Bitcoin - Ultimate profit target in 2025 (sell here!)Bitcoin is in a final stage of its bullish cycle! The major impulse Elliott Wave is almost finished. What you really want to focus on is this long term 2017 -> 2021 trendline. When bitcoin touches this trendline (make sure you setup an alert in tradingview), it's definitely time to sell and run away! It's not only the trendline that is a strong resistance; it's also the Fibonacci extension (1.618 FIB). While a trendline is a dynamic resistance, moving together with price, fibonacci is a static resistance with a fixed level. Our fibonacci level is exactly at 122,069 USDT. I know there will be moon boys predicting 200k or 300k in 2025, but this is pretty much impossible. The market cap of Bitcoin is already relatively high, as you can see in the picture below. After you sell your Bitcoin, wait for a significant correction (bear market). I expect this bear market to be in years 2025 - 2026. From the Elliott Wave perspective, wave (4) is always a strong support and liquidity point for whales. Bitcoin's wave (4) is at 49k. So we can find support at around 50k - 65k. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDLong
by Xanrox
47
Bitcoin: Time To Remove The Party Hats?Bitcoin may be on the verge of compromising the 90K support which I will interpret as a sign that the next broader corrective cycle MAY be beginning (Wave (IV)). IF this is the case, you can remove your Bitcoin 200K party hats for at least a YEAR or two. Gold had a similar outcome a few years back and persisted in a consolidation for two years before it broke out. A corrective cycle does NOT mean Bitcoin is going back to 50K (anything is possible though). It just means a prolonged consolidation may be on the horizon which will provide swing trade and investment opportunities for those who know what to WAIT for. The arrow on the chart points to the 92K support that is in play at the moment. At as long as 90K is not broken, I anticipate at least one more attempt to test the high. This short term up leg is likely to test the 100K area. IF the higher high (break of 108) does not culminate from the next price advance, then it would be wise to reduce risk, lock in profits and LOWER expectations until bullish short term price structure can rebuild itself. IF 90K is broken, the next inflection point on this time frame is the 86K area. Great profit objective for those bold enough to short this thing. If 86K is cleared, then its the low 80K area. Again this is one scenario of countless, the key is confirming the price action that supports this possibility, NOT to expect it. This is NOT a forecasting game, it is a interpreting and adjusting game. With the major holiday week on the horizon, it would be best NOT to expect a LOT of action. Volume typically declines, and movements become very muted or you can get slow grinds that just stubbornly persist to some key level. Either way, it is usually best to avoid such markets, ESPECIALLY if you look at smaller time frames. As far the the highs at 108K, anyone that bought anywhere above 100K is NOW at the mercy of the market. This is why I always warn my followers about buying into highs. Chances are you won't take your profits when the peak unfolds because you won't know its the peak until WAY after the fact. When I hear about people who have NO idea what Bitcoin is, now interested in "investing" in it, that screams THE PARTY IS OVER, for now. The best times to get in are usually when no one is paying attention, and for Bitcoin and the alt coins, that seems to take about a year or two from the peak. If you can't take the heat, don't play with fire (or Bitcoin). Thank for you considering y analysis and perspective.
COINBASE:BTCUSD
by MarcPMarkets
17
"The Institutional Ambush"Alright, here’s what I’m seeing: The tools I use just triggered a clear **pump and dump signal** on **USDT.D**. This isn’t random — it’s a **serious warning**. When **USDT.D spikes**, it means traders are rushing into stablecoins, and that signals Bitcoin is about to fall hard — and altcoins are going down with it. My **Plotter tool** confirms this, and **dark pools are manipulating** the market right now. **What’s Likely to Happen:** We’ll probably see a **sharp spike in price** — that’s the **pump** — which might fool people into thinking the market is about to take off. But don’t trust it. This is a **trap**. Right after that spike, a **huge dump** is coming, and anyone who jumps in too soon could get wiped out. The chart also highlights **smart money contractions** (the squares). These are zones where the price is likely to collapse due to institutional positioning. On top of that, I’ve got a **trend channel** mapped out, and I’ll be evaluating just **how deep this crash might go**. **Why This Matters:** This kind of signal usually means **dark pools and whales** are at work. They push prices up to lure retail traders in, then they dump their positions, crashing the market and leaving the smaller traders with losses. **A Key Note on the Charts:** Don’t pay too much attention to the prices to the right on the chart right now. I had to **convert two layers into one layer**, which means the price display does not fully reflect the prices on the image chart. The warning signs are still valid, and the setup for a crash remains. **What You Should Do:** 1. **Stay cautious** — don’t fall for the spike. 2. **Wait for the dump** to play out before thinking about investing. 3. **Stay calm** and **don’t panic-sell** if things go south. **Bottom Line:** The warning is clear — this pump isn’t real. It’s a **setup**, and a **massive dump** is on the way. The signal is showing up on the **1-week timeframe**, so this is going to be big. **Dark pools and whales are plotting against retail traders.** The evidence is right there in the contractions and trend channels. This is your **final warning**: Crypto is on the verge of a **devastating crash**, and I have no idea how low it’s going to go. **Brace yourselves.**
COINBASE:BTCUSDShort
by The_ForexX_Mindset
168
"Parabolic Moves Unveiled" So, what we’re looking at here is the price moving within these trend channels. The red lines mark the smaller, tighter range where the price has been moving up steadily, and the dashed blue lines show the bigger, overall range of this upward trend. As the price moves higher, the channels are getting steeper, which is a sign that the market might be going parabolic—basically, prices accelerating faster and faster. Now, see those green vertical lines? Those come from a coded system that Plots. They pop up when the indicator in the lower panel (the blue line) hits a critical point, like crossing certain levels. For example, when the blue line spikes up from low levels (like below 30), that’s a sign of a possible big move, like a pump, which is what those green lines are showing. At the bottom, the yellow line shows when the market was oversold, and you can see how the blue line started climbing sharply after that. That’s the system saying, ‘Hey, institutions or big players might be stepping in, and a strong move could happen.’ Right now, the price is testing the top of the red channel, and if it breaks out, we could see a parabolic move higher. But, here’s the thing: if the price doesn’t break the top of the channel, it might reverse back down. So, we’re in a key area where either the trend accelerates, or we get a pullback." "Altcoins: The Untold Story"
COINBASE:BTCUSDLong
by The_ForexX_Mindset
47
"The Liquidity Heist"Alright, let’s break this down because what we’re seeing here is no ordinary chart—this is the battleground where smart money and retail traders collide, and the story it’s telling is absolutely fascinating. First, look at the Pi Cycle Moving Average. This isn’t just any moving average—it’s a dynamic gauge of momentum, and right now, it’s sloping downward. Bears might think they’re in control, but here’s the catch: this MA has been tested repeatedly, and when it flips, it has the potential to spark a significant trend reversal. So, it’s not just a line—it’s the pulse of the market. Now, the Smart Money True Value Line. This green line isn’t some random support. This is where the big players, the whales, the institutions—whatever you want to call them—step in. It’s their hunting ground. When price hovers near this zone, it’s not just a coincidence. It’s where the market pauses, recalibrates, and potentially rebounds. Smart money doesn’t play the same game as retail—they’re the architects of these moves. And what about the VWAP? The 1-Day VWAP is sitting above the current price. What does that mean? It means the market is undervalued compared to where volume-weighted price action expects it to be. It’s like gravity pulling the price upward, creating the perfect setup for a mean reversion. Now, here’s where it gets interesting—the squeeze. See those yellow "+" symbols at the bottom? That’s a volatility squeeze, my friend. The market’s tightening, pressure’s building, and this is where breakouts are born. It’s like a coiled spring just waiting to release its energy. And considering all the factors on this chart, that energy seems primed for an upward explosion. But let’s talk about the manipulation, shall we? Look at that $95,631 level—the stop-loss zone for short positions. This is where retail traders were baited into a trap. Whales engineered this move to trigger stop losses, creating a cascade of selling below that level. And what did they do? They quietly scooped up liquidity, leaving retail traders scrambling while they prepared for the next big move. This isn’t speculation—it’s how the game is played. And those ATR Shark Fins? These are the finishing touch. Every time you see these fins at the bottom of the trend, they’re screaming, ‘Pullback incoming!’ It’s like the market’s way of saying it’s overextended, exhausted, and ready for a reversal. And here they are again, flashing at us like a signal in the dark. So, what’s the verdict? While the bullish arrow is gone, the pieces are still in place. The Smart Money True Value Line, the squeeze, and the manipulation beneath $95,631 all point to one thing: an upward move is brewing. But—and here’s the kicker—we need confirmation. The market loves to keep us guessing, so until we see price action reclaim critical levels, we stay sharp, we stay ready, and we don’t jump the gun. This chart isn’t just data; it’s a story of psychology, manipulation, and opportunity. The question is—are you paying attention? When going long, it's crucial to recognize that upward price movements are likely to face a reversal. This is due to USDT.D manipulation, as seen on the weekly timeframe. I've detailed this setup in my idea titled 'The Institutional Ambush,' which highlights how these patterns are orchestrated by institutional forces. Always trade with caution and awareness of the bigger picture.
COINBASE:BTCUSDLong
by The_ForexX_Mindset
29
BITCOIN → High risk. Falling towards 70K or rising towards 100K?BINANCE:BTCUSD is forming a correction phase after Powell's speech last week. If the price goes beyond the accumulation boundaries, there will be a risk for a strong fall as the price is approaching the panic zone... Bitcoin is still in high demand, but private traders are going into a phase of profit taking after negative news, while institutional traders are taking advantage of the moment and buying the asset at a cheap price. But it doesn't mean anything. Fundamentally, Trump gives a big chance to the cryptocurrency market, but after winning the presidential election the excitement starts to fade and then the risk of revaluation increases. If the market does not get what it was promised, a deep correction may occur. Also, the Fed played a negative role last week: slowing down the rate cuts and negative tone about the strategic reserve and reluctance to have BTC on their balance sheet. Technically, despite the breakout of the ascending channel support, the price is still inside the 99K - 86K consolidation Resistance levels: 99300, 103600 Support levels: 91780, 86700, 82700 The price is approaching the support. If the market keeps the price in this zone, bitcoin will have a chance to recover to 100K. But, if the fight for 86-84K zone starts, then everything will depend on the general market background, a negative background can provoke a breakdown of strong support and the price will fall into the void zone... Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
23
"The King's Gambit" To all of you navigating this battlefield with me, let me make one thing clear: the double bottom isn’t just a signal—it’s a declaration of intent. I’ve secured my long position at 1.5, with a strategy that commands respect. This isn’t guesswork; it’s precision. The pattern shows a textbook lower low (LL), higher low (HL), and lower high (LH), all working in tandem with the Bollinger Bands—a dual lower band setup that signals a trend reversal with laser accuracy. The target? S108,502—a zone destined to be conquered, and we’re on the frontlines. But listen closely, because this is where the battle heats up. If USDT.D starts creeping back in, attempting to reclaim control and push Bitcoin’s price downward, I’ll act without hesitation. I’ll close the position, no questions asked. Yes, the potential for S108k is clear, but this isn’t just about potential—it’s about power, precision, and adaptability. This market is a game of strategy, not emotion. We don’t follow the herd; we follow the truth of the charts. The whales may be laying low now, but they’re setting the stage for a move that will catch the unprepared off guard. Retail traders are walking into traps they may not see, but not us. Not here. We play this game differently. We act boldly, with purpose, and we don’t let the noise distract us from the mission. This isn’t just a trade—it’s a statement. We don’t wait for opportunities; we create them. The S108k zone is ours to take, but only if we remain sharp, decisive, and ahead of the game. This is our moment, and I’ll see you at the top. Let’s move like kings and queens—because that’s exactly what we are.
COINBASE:BTCUSDLong
by The_ForexX_Mindset
34
Bitcoin - Please Look At This Timeframe!Bitcoin ( CRYPTO:BTCUSD ) is still totally bullish: Click chart above to see the detailed analysis👆🏻 Please just make sure, that you don't trust Bitcoin with its daily swings of more than -5%. Looking at the overall picture, Bitcoin is still incredibly bullish and almost trading at its all time high. Bulls are 100% in control of everything and some profit taking along the way is just normal. Levels to watch: $70.000, $100.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
29
What Those Peaks and Valleys on Your Chart Are Telling You (RSI)Hello, Traders! 👋🏻 Have you ever noticed those peaks and valleys at the bottom of your trading charts? Like tiny mountains rising and falling, they seem to reflect the market’s heartbeat 🩺. But what do they actually mean? Think of them as the market’s thermometer — showing you when it’s overheated or cooling down. This tool is none other than the Relative Strength Index (RSI). RSI meaning? RSI is one of the simplest indicators traders use to time their moves. It tells you when an asset is overbought or oversold, helping you spot potential reversals and entry points. In this article, we’ll break down how RSI works, why it’s such a powerful tool, and how you can use it to read the market. What Is RSI? What is the Relative Strength Index/RSI? RSI isn’t just a random line on your chart. It’s a momentum oscillator that measures how quickly prices are moving up or down. Think of it as a score for how strong the market’s mood is right now. Let’s dive into how to use the RSI indicator effectively. 1. Overbought and Oversold Levels. The most common way to use RSI trading is to look for these levels. If RSI rises above 70, ➡️ the market might be overbought . This could be a good time to think about locking in profits or avoiding new buys. If RSI falls below 30, ➡️the market might be oversold . This could signal a buying opportunity. But don’t jump in blindly. These levels are just a starting point. Always check for confirmation from other indicators or chart patterns. 2. Spotting Divergences. Divergences happen when the RSI and the price move in opposite directions—a powerful signal that something is about to change. Bullish Divergence: The price makes a lower low, but RSI makes a higher low. This suggests that selling pressure is weakening, and a reversal to the upside may be coming. Bearish Divergence: The price makes a higher high, but the RSI makes a lower high. This indicates that buying momentum is fading, and a downturn could be near. Divergences often occur before major reversals, giving you a chance to prepare for your next move. Why RSI Deserves a Place in Your Toolkit The Relative Strength Index is more than just a line on your chart—it’s a window 🪟 into the market’s psychology. It helps you see when traders are getting too greedy or too fearful, giving you the edge to act decisively. But remember, no indicator works in isolation. Pair RSI with other tools, adapt it to different market conditions, and always trade with a plan. So, traders, how do you use RSI in your strategy? Do you rely on it for entries and exits, or do you combine it with other tools? Let’s discuss it!
WHITEBIT:BTCUSD
by WhiteBIT
9
Bitcoin: Interconnectedness of Defining CyclesJust a followup analysis on scalable structure from "Natural Patterns & Fractal Geometry" ed idea. Additional Regularities: 2018 Downtrend Phase Fib Resonation: Fibonacci ratios are not just mathematical abstractions; they manifest in Bitcoin's market structure due to human behavior and market psychology. 2020 Uptrend Phase Fib Resonation: Unconventional use of Fibonacci ratios highlights areas where price has shown significant reactions. These levels act as dynamic support and resistance zones, underscoring the fractal and cyclical nature of Bitcoin's price movements. 2021 - Late 2022 Crash Metrics More detailed breakdown of emerging randomness: The repetitive alignment of market cycles with Fibonacci levels underscores Bitcoin's tendency to oscillate between predictable extremes, offering insights for timing entries and exits. Distinct cycles are clearly visible, separated by major tops (e.g., ATH in 2013, 2017, and 2021) and bottoms (e.g., the 84.12%, 72.26%, and 77.57% corrections). Each cycle adheres to Fibonacci retracement and extension levels, demonstrating a self-similar structure . Price expansions align with Fibonacci extensions (e.g., 1.618 and beyond), showing that Bitcoin’s growth phases are not random but rather guided by harmonic principles. The ascending channels mapped through Fibonacci ratios capture both the bullish and corrective phases, showcasing the market's bounded yet fractal rhythm . The percentage swings (+2484.44%, +12804.20%, +1692.21%, +600.07%) highlight the explosive nature of Bitcoin during expansion phases, followed by steep corrections. These as well align with Fibonacci proportions, providing a blueprint for market rhythm.
BITSTAMP:BTCUSD
by fract
18
BTC/USD : Another Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Bitcoin chart on the 4-hour timeframe, we observe that after our previous analysis, the price surged to $108,400 before experiencing a sharp decline, correcting down to $92,000. Currently, Bitcoin is trading around $93,800. If the price manages to stabilize above the $90,600 to $92,300 range, we could anticipate further growth for this cryptocurrency. This analysis will be updated. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
COINBASE:BTCUSDLong
by ArmanShabanTrading
26
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. kindly follow me support us with sharing our ideas with your frnds and family, keep supporting us we give our best thank you
OANDA:BTCUSDLong
by SEBASTIIAN74
9
"Accelerated Timeframe View" Attention Traders: Listen Up – This is Important! ForexX News My approach is fundamentally different from just reading chart structures. Data is what drives my analysis. Chart structures? I've said it before: they're often manipulated by smart money. But if you can align structural insights with solid data—and your confidence is unwavering—then it holds weight. While 108K is my broader target, I’ve consistently reminded readers to take it step by step. For now, my measurement points to $103,683 as a key level. From there, Bitcoin might see a correction, but the future remains uncertain. Currently, Bitcoin is in a parabolic phase on the 23-hour timeframe. This adds significant momentum to the current price action and aligns with my data-driven projections. When this target comes to pass, you’ll know exactly who you’re following. My ultimate goal is to eliminate all doubts and never fall into the guessing game. As always, let’s wait and see how price action and liquidity unfold before making any definitive calls. Stay sharp!
COINBASE:BTCUSDLong
by The_ForexX_Mindset
22
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 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. 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.
ICMARKETS:BTCUSDShort
by ICmarkets
7
BTCUSD BUY ANALYSIS (READ CAPTION)hello traders! share your opinion on this analysis. current price: 937000 BTC is about to fly soon. Market is moving above supporting area as market has already rejected this low position multiple times. now from this position BTC will go upward and fly. its first target will be to hit 98000 and after this market will try to cross 100000. Key points: Supporting Area: 93000, 92200 Resistance: 96000, 99000 Note: Target 1: 98000 Target 2: 102000 Stop Loss: 91500 kindly like, comment and support.
CRYPTO:BTCUSDLong
by Ibrahim_Gold_Traders
16
BITCOIN Are you scared enough? Or need to see more pain?Bitcoin (BTCUSD) touched its 1D MA50 (blue trend-line) for the first time in more than 2 months (since October 11) and is rebounding. The first presence of short-term buyers was actually felt on Friday, when the price came close to the MA50 again and rebounded aggressively. This is a natural technical reaction during such aggressive uptrends. The key Support level during BTC Bull Cycles however is the 1W MA50 (red trend-line), which has been supporting since March 2023 and was successfully tested (and held) twice on August 05 and September 06, the last of which was technically the start of the current Bullish Leg. ** The Fibonacci Channel Up ** Bullish Legs are technically part of Channels and this time is no different as Bitcoin has been trading on a Fibonacci Channel Up since the very bottom of the last Bear Cycle in November 21 2021. As you can see, we have classified the price action on this pattern in Phases, each of whom trades within one range upwards, which is why the Fibonacci Channel succeeds at accurately displaying BTC's current logarithmic rise during this Cycle. ** The Phases and the high symmetry ** Phase 1 (blue Channel) traded within the Fib 0.0 - 1.0 range, Phase 2 (green Channel) within the Fib 0.5 - 1.5 range and we expect a 3rd one, Phase 3 (red Channel) to trade within the Fib 1.0 - 2.0 range. As you may assume, there is high symmetry between sequences, Legs and pull-backs within this pattern and the one that stands out is that rallies so far tend to record +100% rises. More specifically, both the April 14 2023 and January 11 2024 Highs of +100% rallies, then pulled back towards the 0.382 Fib retracement level, the first didn't hit it, the second almost did. ** Will we test the 1D MA100? ** But that is the rally that displays the most similarities with the current one and after hitting its 1D MA50, it broke even lower and only found Support and bounced on the 1D MA100 (green trend-line). You can see even how identical their 1D RSI sequences are, which are Channel Down patterns that started showing a bearish divergence much earlier than the top. Right now the RSI is holding the 45.00 neutral level, but the January 2024 and the 2023 fractals turned into a buy on the key 36.00 level, which is bearish territory. Even though Bull Cycles tend to get more and more aggressive as we approach the end of the Cycle and ignore previous Support levels, the 1D MA100 is currently at $79250 and rising, indicating that it can 'meet' the price on lower levels than currently, assuming how quickly the RSI also hits 36.00 (any of the two conditions hits first, the cyclical buy signal can be valid). ** The remainder of the Bull Cycle ** Beyond that, we expect the next High, as we've already entered Phase 3, to be on the -0.5 horizontal Fibonacci extension (as March 13 2024 was) and on the 2.0 Channel Fibonacci ext at a price of $150000, which is the next technical extension of the Channel. After that, you can see that both Phase 1 and 2 started multi-month Accumulation phases with a potential maximum correction to the 0.382 Fib again and as Phase 3 concludes (and possibly the whole Bull Cycle), we may see another +100% rally and a possible Top at $200000. So for the current situation the key question is as mentioned on the title: 'Are you scared enough?' now the 1D MA50 has been tested? Because we may very well drop as low as the 1D MA100 before the Fear & Greed Index turns market sentiment to 'Fear' again and makes the majority misjudge the market activity as they always have. What do you think will happen next? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
2
BTCUSD BUY ANALYSIS (READ CAPTION)hello my fellow traders! what do you think about btcusd. comment your opinion. current price: 94500 btcusd is working above its support zone and from this position retracement is possible. i think its an ideal position for bulls to enter. currently market's target is to cross the 100000 range then its target will be 103000 today. key points: resistance area: 96500, 102000 demand zone: 98000, 103000 Note: first target: 98000 second target: 103000 kindly like, comment and follow. thanks for your support
CRYPTO:BTCUSDLong
by Ibrahim_Gold_Traders
13
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 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
BINANCE:BTCUSDLong
by ForecastCity
10
BITCOIN What lies ahead after this correction? The DXY x-factor.Bitcoin (BTCUS) is having in the past 2 weeks the technical correction is should based on the previous Bull Cycle. As you can see, since the U.S. elections it has rallied aggressively past its previous All Time High (ATH), same way it did in December 2020. ** Bitcoin and Doge during 2020 ** At the same time, the alt coin market was mostly consolidating in preparation of a bullish break-out. A representative example of such behavior would be Dogecoin (DOGEUSD) as seen in orange on this chart, which during BTC's December 2020 rally, it was consolidating/ pulling-back (green circle) from an initial rally. However it remained significantly below its previous ATH, the same way it is now. ** The DXY decline sparking crypto rallies ** Notice the U.S. Dollar Index (DXY), displayed by the green trend-line on this chart. Right now it is has been rallying in the past three months, at the same time as Bitcoin has. In the previous Cycle in 2020, it hit a top during the COVID March 2020 market crash and with the smashing of the Interest Rates, it started a Channel Down decline that backed perfectly Bitcoin's rally. We has the exact same DXY-backed rally during Bitcoin's 2017 Bull Cycle. As a result, we are seeing a paradox on the current Cycle: BTC entering its most aggressive phase (Parabolic Rally) of the Bull Cycle and rallying despite DXY rising. That is attributed of course to a large extent to the huge ETF inflows (something that wasn't present in 2020). ** Overdue DXY decline? ** This leads us to believe that an overdue decline on the DXY, just as the Fed has initiated a new cut Cycle (as they did during the COVID crash), will push Bitcoin and especially the alts market, including Doge, to a new rally. Of course DXY's decline may not be as aggressive this time, as the stimulus shouldn't be that high (especially with Powell's recent remarks on a 2 rate cut expectation in 2025 instead of the previous projection of 4), but it could be enough to spark the final BTC rally of the Bull Cycle and the much anticipated Altseason. So do you think the market will rally once more on a potential 'delayed' DXY drop? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
6
BTC watch 90 then 85k: Targets for the well foreseen RetraceBTC peaked at a wave end point projected by our fibs. Retrace progressing with speed and very few bounces. Adding a retrace fib gives us a few key targets below. $ 88,976 - 90,177 is the Minimum Expected dip. $ 84,686 - 85,714 is the Strongest support below. $ 80,438 - 81,289 Speed Bump only, unlikely to hold. $ 77,179 - 77,672 is a MUST-Hold for bulls or its "ova". ================================================ Previous Analysis: Big Picture projection of 97.8k break and run to $105k Near term warning of possible top at $104-105k ==================================================================
COINBASE:BTCUSD
by EuroMotif
4