What will be the next move for BTC?I would really like to see him arrive and react in the 105k. Possibly if you do that it could go down between 95k (1st option) 90k (2nd option) or 80k (last option).Maybe this time it goes up to 120k. We'll see...
BTCUSD trade ideas
BTC - Short Term Trade - Long Term Room To Run - History RepeatsBitcoin trade triggered and there is going to be a lot of hype surrounding what seems to be the Holy Grail level of 100k.
I posted this trade in the group as I mentioned a couple days ago. I have been for months mentioning that I was positioning myself for a run to 130k. Nothing has changed. In the 50's I said add some here, at 70k add some here, at 95k add some again, while others are giving play by play of what Bitcoin is doing and giving the great insight that it "may go up, or may go down".
Now does Bitcoin hit 130k in this run? I don't know and neither does anyone else, but I am positioned for it. If I am wrong there is a stop in place to minimize losses so it is not like I bet the farm on 130k, but I am also not scared to take a chance here.
I do want to be clear that the big money has been made already, do not expect the 10-20 bagger moves from here, but a 30% move is a 30% and for a trade that is a nice RR.
Regardless I believe we trade 130k sooner than later and once we break 110k, the race will be on.
As far as your long term investments, I am holding here, there is no reason to sell yet. Lets take a look at the broader picture and why I think there is still a lot of room to run with Bitcoin
Looking at a broad chart of Bitcoin there is a pattern of Bitcoin rallying for months after it breaks out of the previous high. Does history repeat again? I don't know, but I can tell you history seems to repeat itself.
In addition you can see a pretty consistent trend line and then you get that blow off rally lasting for a few 6 months. No reason to not think that won't happen again. Sure maybe I am wrong, but you can't make money if you don't take risks, and there is no reason NOT to be long here, NONE!!!
The same people being cautious at the breakout, are the same ones that were cautious at every breakout. Yeah follow them and you will miss the move to 250k.
Best thing of all? I am free! I trade and post because of the passion I have, I don't need your $30 a month.
Predicting Avalanche (AVAX) Prices Using BTC/AVAX Ratio 1. Key BTC/AVAX Ratios:
900 BTC/AVAX Ratio:
This ratio implies that Bitcoin’s price is 900 times Avalanche’s price.
For Bitcoin at $160,000, AVAX is predicted to range around $180.
For Bitcoin at $200,000, AVAX is predicted to range around $220.
400 BTC/AVAX Ratio:
This ratio suggests that Bitcoin’s price is 400 times Avalanche’s price, indicating significant relative strength for AVAX.
For Bitcoin at $160,000, AVAX is predicted to range around $400.
For Bitcoin at $200,000, AVAX is predicted to range around $500.
2. Support and Reversal Zones:
Early Reversal at 900 BTC/AVAX Ratio:
Historical patterns suggest that the 900 BTC/AVAX ratio represents an early reversal zone for AVAX, signaling the start of upward momentum relative to Bitcoin.
Strong Reversal at 400 BTC/AVAX Ratio:
At the 400 BTC/AVAX ratio, AVAX shows strong relative performance, likely signaling a strong reversal zone, where AVAX significantly appreciates in USD terms.
3. AVAX Price Dynamics:
BTC Bull Market Scenario:
If Bitcoin achieves $160,000–$200,000, AVAX’s price depends on its performance relative to BTC:
At the 900 BTC/AVAX ratio, AVAX could rise to $180–$220 as it begins its upward trend.
At the 400 BTC/AVAX ratio, AVAX could surge to $400–$500, demonstrating stronger performance relative to BTC.
Market Sentiment and Ecosystem Development:
AVAX’s ability to reach the lower BTC/AVAX ratio levels will depend on its ecosystem adoption, development progress, and overall market conditions.
4. Assumptions for the Prediction:
Bitcoin reaches a price range of $160,000 to $200,000 during a bullish market phase.
Avalanche’s price is modeled as a function of Bitcoin’s price and the BTC/AVAX ratio, reflecting its relative valuation and performance.
So the Bull market started you said? :) Long $BTCTechnical and Fundamental look into Bitcoin.
Bitcoin has recently achieved an all-time high (ATH) of around $104,000. The current trading price is slightly below this peak, suggesting a possible consolidation or minor pullback.
The chart here indicated that Bitcoin is currently trading just above a significant resistance level at approximately $102,934.71, which could now act as a new support if the price holds above this level. There's another resistance level higher up, indicating where the price might face selling pressure if it attempts to rise further.
This pattern/idea shows support levels at around $59,022.02, which is quite substantial, suggesting that this was where buyers have historically stepped in. A break below this level could indicate a deeper correction, but as of now, the price is far above this support, indicating STRONG BULLISH SENTIENT.
For this chart's trend it shows clearly that it has been predominantly bullish, with a series of HIGHER HIGHS and HIGHER LOWS! More Bullish Sentiment! The presence of green candlesticks in recent days suggests that the market has been closing higher than it opened , indicating continued buying interest. However, the presence of some red candlesticks near the ATH might signal profit-taking or a short-term bearish sentiment.
The volume on this chart or the indicator at the bottom of the chart shows increased trading volume as Bitcoin approached its ATH, which is typical when prices reach new highs. This could mean that there is significant interest in Bitcoin at these levels, but it also suggests that any move up or down could be volatile.
The Indicators over the chart in red and green arrows indicate the potential buy or sell signals based on various indicators or patterns. If these are based on moving average crossovers, RSI divergence, or other momentum indicators, they could be suggesting entry or exit points for traders.
Conclusion:
If the price can break and close above the higher resistance level with significant volume, it might signal the continuation of the bullish trend, potentially targeting new highs.
Conversely, if the price fails to break this resistance and starts forming lower highs, it might be a sign of a potential reversal or at least a period of consolidation. Watch for any bearish divergence in momentum indicators like the RSI or MACD, which could warn of a potential downturn. For those considering entering a long position, waiting for a pullback to the current resistance-turned-support level could offer a better risk-reward ratio, as this level might now attract buyers. Given the proximity to the ATH, traders should also be cautious of overbought conditions, which might lead to a sharp correction. Setting stop-losses below key support levels would be prudent.
PLEASE REMEMBER: Trading Cryptocurrencies like Bitcoin can be highly volatile, and while technical analysis can provide insights, external factors like regulatory news, macroeconomic conditions, and market sentiment can greatly influence price movements. Always do thorough research and consider your risk tolerance before making trading decisions. THIS IS NOT INTENDED AS FINANCIAL ADVICE. Rather a self help and documentation of my own journey into cryptocurrency! Let's make sure we leave nice comments and leave or talk about what is useful! But random comments are OK! :)
BTCUSD LongBTCUSD (1 hour)
Bitcoin may form a "flag" pattern, we will consider Long when breaking through the figure channel and fixing above it, target 109k! Cancel and break below 101k
The author's opinion may not coincide with yours! Remember this and take this into account in your trading transactions before making a trading decision.
Your reactions are your support for my work
BTC SHORTWe are waiting for big sell signals in this area
It is not clear yet, but it may fall
Bears may enter a strong red candle the next day
What’s Next for Bitcoin?COINBASE:BTCUSD
4-Hour Chart Analysis
Bitcoin is currently trading at $95K during the European session and is showing signs of forming an Ascending Broadening Wedge , which traditionally indicates a long-term bearish trend. However, the 4-hour and 5-hour volume data do not yet align with the expectation of a price drop.
So, what’s next?
While the Broadening Wedge is typically bearish, the structure appears incomplete. Bitcoin is currently trading just above the lower trendline of the Rising Broadening Wedge, which serves as a strong support level. Based on this support, we anticipate the price will likely begin a bullish cycle from this level, eventually breaking through the ultimate psychological resistance at $100K and targeting $110K.
We believe that upon reaching around $110K level, the market structure will complete. At that point, we will provide further analysis on what to expect next. Stay tuned for updates!
Key Levels:
Strong Pivot : 87,500
Ultimate Resistance: 100k
Price Target: 110k
Follow your risk management strategies for long-term success. Wishing you Happy Trading!
Top Bull Run 300> 600K $Bitcoin on logarithmic monthly chart.
Range from 2014, 2018, 2021,2025's tops.
Estimated 2025-2026 top above 300 up to 600K $
...By this trend 2026 is over 1 million $ and 2028 is around 3 millions $ up...
HODL OR DIE TRYIN'
BTC Facts1. Support and Resistance Levels
Bitcoin's been really holding its ground above some key support levels lately. When it does this, it usually means it could start climbing soon, especially if it breaks past those resistance points up ahead. Resistence 103.00USD
2. Moving Averages
Bitcoin is trading above both its 50-day and 200-day moving averages, and they’ve just made a 'golden cross.' This is a great sign for Bitcoin bulls because it’s often followed by significant price jumps, showing that momentum might be building.
3. RSI and MACD Indicators
The Relative Strength Index (RSI) shows that Bitcoin isn’t overbought yet, hovering in a neutral to slightly bullish zone. At the same time, the Moving Average Convergence Divergence (MACD) has a bullish crossover, which tells us that buyers might be gaining the upper hand.
4. Volume Analysis
There's been a lot of trading activity recently, which really helps confirm that people are getting more interested and confident in Bitcoin. When we see a lot of action during price rises, it’s generally a good sign that those increases are solid.
5. Trendlines and Patterns
Bitcoin's chart is showing what’s called an ascending triangle. This pattern means that the price is making higher lows and is testing the upper resistance. It’s like it’s gearing up to break out and possibly shoot up higher.
6. Market Sentiment
Overall vibes in the crypto market are getting better, thanks to some positive shifts in the broader economy and more big players getting involved with crypto. Good vibes can really boost Bitcoin's technical outlook.
7. Fibonacci Retracement
Bitcoin has hit a key level in Fibonacci retracement, which traders often see as a perfect spot to jump in. This could set the stage for the next round of price increases.
From all these indicators, Bitcoin looks like it's in a good spot for some potential growth. Just keep in mind, the crypto market can be unpredictable, and external factors can still sway prices unexpectedly.
BTCUSDThere is a STRONG PRZ on the way. The waves and numbers in this box show what will be the next.
BTC LONG FASTOn my chart you can see clear set up.
h4 fvg was tested, liquidity was grabbed, bias long. on ltf you can see the same set up (m15)
enjoy it with my tg channel.
no tp, no target, will TP situationable or just SL
Further continuation seems possible for bitcoinBitcoin surged past $100,000 on 5 December in a large intraday movement as sentiment continued to be positive. Participants expect a significantly more crypto-friendly environment when the new American government takes charge in January.
Based on performance within the last month, it’s unlikely that $100,000 will now become a strict level of support, rather an area. It’d be possible to see the price retreating below there before another move up. The next likely resistance is the 100% monthly Fibonacci expansion around $107,000.
With the price not currently overbought based on the slow stochastic or Bollinger Bands, the trend looks likely to continue now that upward momentum seems to have returned in strength. Traders’ main challenge remains finding suitable places for stops between premature triggering and exposure to a possibly large correction if sentiment shifts.
This is my personal opinion which does not represent the opinion of Exness. This is not a recommendation to trade.
bullish cup & handle formation it will be quite interesting to see the formation of the bullish cup & handle signifying that we will be coming in a whole new month to a new bullish structure formation in the next few days as we enter August it will be quite interesting to see the Bos and Choch to the upside if I were an institution I would be preparing to be a bull and ride it out up that I will have to see and wait from the break of the handle to the upside. BITSTAMP:BTCUSD
#btcusdReasons for execution
1)PMH Liquidity
2)BOS
3)0.786 Fib Retracement
4)Positive Orderflow
5)2.618 Fib Expansion
Fundamentally, Trump is back in office, he's the Sentiment himself🇺🇸
Daily Analysis of Bitcoin – Issue 223The analyst forecasts a rise in Bitcoin's price within the next 24 hours.
This prediction is based on a quantitative analysis of recent price trends
Pi Cycle Indicates The Bottom of BTCThe Pi Cycle just triggered the Bitcoin bottom.
This is the 3rd time in the history of the bitcoin Pi cycle has shown the bottom signal, this indicator accurately predicted the Bitcoin bottom in 2015 and 2018.
if this indicator works for the third time then we are at the bottom of the bitcoin bear cycle.
Thanks
Hexa
