BTCUSD trade ideas
SHORTAs long long as 102,378 have not been broken, we are not yet in a further bullish trend, Price is still hovering. But a look at 4H chart reveals bearish opportunity to be exploited as choch is observed at 101,183, Price broke previous low. Slight pullback is ongoing to retest previous lh area around 101,599/101,955 zones.
Wait out this retest and open sell order using ltfs, target next 4H low
Bitcoin Looking For More Retracement?Recent Price Action:
Bitcoin has continued its uptrend, reaching a high of $108,000 and closing near $104,949 yesterday.
Yesterday's Candle: The candle shows a long upper wick and a small body, resembling an inverted hammer or shooting star pattern. This suggests rejection at higher levels, indicating some selling pressure as the price attempted to push higher.
Today's early price action is showing minor follow-through to the downside, confirming caution from yesterday's rejection. We need to watch the daily close.
Key Support and Resistance Levels:
Resistance:
The psychological level at $106,000 is acting as the near-term resistance.
Support:
Immediate support is at $99,860 (recent breakout level).
Below that, $73,835 remains a critical support zone.
If the price pulls back, a retest of $99,860 would be a healthy correction within the bullish trend.
RSI Analysis:
The RSI remains elevated but below overbought territory (~70–80), indicating strong bullish momentum but also signaling potential for a cool-off period.
Divergence is not yet confirmed, but if RSI fails to make a new high while price advances, it could signal weakening momentum. We want to avoid clear bearish divergence confirming today.
Moving Averages:
The 50-day SMA (blue line) is trending strongly upward and sits around $91,000, offering a dynamic area of support in case of deeper retracement.
The 200-day SMA (red line) is far below at $70,000, reinforcing the bullish long-term trend.
Volume:
Volume during the recent move higher has been declining slightly, which could suggest weakening buying interest. If volume continues to drop, a short-term retracement or consolidation becomes likely.
Interpretation of Yesterday's Candle:
The rejection wick near $106,000 signals that buyers may be losing some momentum at this level.
If today’s candle closes bearish or below $104,000, it would confirm short-term selling pressure and set up a potential pullback toward $99,860 (previous resistance, now support).
Outlook:
Bullish Case:
If Bitcoin reclaims $106,000 and closes with a strong candle, the next psychological target could be $110,000–$115,000.
Maintaining higher lows and bouncing off $99,860 would confirm trend continuation.
Bearish Case:
Failure to hold above $104,000 and rejection from $106,000 could trigger a pullback toward $99,860.
A breakdown below $99,860 could extend the correction to the 50-day SMA near $91,000, which would still be a healthy retracement in the broader uptrend.
BITCOIN nothing to stop it now! Can top anywhere inside 250-400kMore than 1 year ago (September 05 2023, see chart below), we published the following Bitcoin (BTCUSD) idea, which very illustratively presented the potential course of the new Bull Cycle:
As you can see, BTC managed to trade an entire year rising within this green Arc pattern and always below the Cyclical Pivot trend-line that emerged from the bottom of the 2018 Bear Cycle.
We made the last update on this chart last August (20 2024), where we called the end of the 5-month correction since March and the start of the new Phase (final Parabolic Rally) of the Bull Cycle.
** The key hold of the 1W MA50 **
The key for that call was the fact that the 1W MA50 (blue trend-line) held twice during the August sell-off and supported. As you can see, on all of BTC Bull Cycles, the 1W MA50 has been supporting post Halving and never broke until after the Top and the start of the new Bear Cycle.
** Symmetry of pre and post-Having **
Given that historically the Bull Cycle lasts post-Halving almost the time it lasted from the bottom to the Halving, we should expect its top around December 2025 - January 2026 and if it is on the Cyclical Pivot trend-line, then it could be as high as 400k.
However, even on a less optimistic scenario where it lasts 1064 days (152 weeks) from the Bottom (not counting FTX crash), like the 2015 - 2017 Bull Cycle, we can expect a peak a little over $200000 on the Cyclical Pivot trend-line.
** The 1W RSI series of Tops **
It is important to notice that the 1W RSI is recovering from the overbought volatility correction, having dropped from a massively overbought 88.50 High (March 04) to a practically bearish 45.00 Low (September 02). As this chart shows, BTC tends to top on levels similar to the first 1W RSI of the Cycle, so there is still a lot of way to go before it tops, especially if it follows the 2015 - 2017 Bull Cycle, which had four almost symmetrical such Tops.
But what do you think? Are you also expecting Bitcoin to top anywhere within a $250 - $400k range? 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
I don't dislike BTC price forecasts. It's how they are made. Anytime a forecast on BTC is made using methods outside of the accepted ones or making forecasting outside of the popular models, invariably the same floods of comments come.
People always assume you must;
Not know about (the thing we all know about).
Hate BTC (or whatever the thing is)
Want the world to burn
BTCUSD 1h UPDATE BTCUSD 1h UPDATE according to my analysis BTCUSD is going up on 106,117 now BTCUSD
Price on 101,774
Entry point 101,572
(Target1) 103,354
(Target 2) 104,247
(Target 3) 106,594
Trade with your own risk
My first chart sport me and keep fallowing
BITCOIN: Analysis and ForecastHaving reached an all -time high of $108,300. Bitcoin has been undergoing a strong technical correction. It indicates that the crypto could could continue its technical correction in the next few days and reach $95,799 where the 200 EMA is located.
In case Bitcoin wants to recover part of the losses, we could expect a pullback to occur at +1/8 Murray located at 106,250. We must pay attention to this level, since below, we could expect the bearish cycle to resume and Bitcoin could fall with targets at the psychological level of $100,000 and even reach 7/8 Murray at 93,750.
On the contrary, with consolidation above 106,500 on the H4 chart, Bitcoin could accelerate its rise and reach +2/8 Murray at $112,500.
Happy Trading!
BTC-USD TECHNICAL ANALYSIS (READ CAPTION)hello my fellow traders, share your opinion about this chart.
current price: 101500
from this position a strong drop is expected as market has rejected today the 102600 twice and has created a strong bearish trend. before hitting a new high market will drop a little which it will use as a backup and support to go further high. if btc price drops now from 101500 then its next target will be 99000.
please like comment and thsnks for support
BTCUSD 1h UPDATE according to my analysis BTCUSD is going upBTCUSD 1h UPDATE according to my analysis BTCUSD is going up on 107,240 now BTCUSD
Price on 100,425
Entry poin 100,425
(Target1) 101,643
(Target 2) 102,641
(Target 3) 107,240
STOP 🛑 LOSE 98,015
Trade with your own risk
My first chart sport me and keep fallowing
BTCUSD: 110K short term viewBTCUSD: 110K short term view
-Inverse Head n Shoulder pattern in Daily Timeframe.
-Swinging on narrow range to form the right shoulder pattern. Becareful for a shakeout/ Fakey pattern.
-Logical volume (less vol will be good signals here).
.
Waiting for a breakout and pump soon.
BTC road in 96 000, the correction continuesBTC road in 96 000, the correction continues, the first target for Wolfe waves is 96t$ per BTC
BTC Cycles & TA: 12/16/24 Two Important Dates coming upWe are approaching the end of this Bull and now the cycles, charts, and indicators are signaling the top is either here or we are in the final topping stages. Watch entire video to see what the charts are saying. This is one of my longest videos, but I think you will appreciate all the information it has.
BITCOINUSD TECHANICAL ANALYSIS(READ CAPTOIN)hello trader's what do you think about bitcoinusd
current price 101670
bitcoinusd higher high is103600. and respect this zone to reject. now market again this zone touching and reject so this zone is resistance.
its demand will be 99000
bitcoinusd can fall to 97400
i have placed the remaining target in the details in the chart
like comment and thank you for support
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
BREAK OUT OF LONGTIME UPTREND OR ANOTHER MOVE DOWNWe are clearly at the upper boundery of the longtime uptrend channel. We are in wave 3, so an outbreak could happen.
Because of the confluence of market sentiment (Trump, btc acceptence, etc) and top3, we could very well have a strong break out soon.
It is important to state that bearish divergence is NOT YET set (on D).
Be aware of the risk of a fake outbreak and ofcourse a short move down to gain strength for the breakout.
BTC Target HnS and RbSAfter a significant decline, BTC has the potential to rebound. Once the Head and Shoulders (HnS) target is reached — with the full length of the Head already achieved — there is potential for a Reversal by Support (RbS) in this area, as previous price corrections occurred multiple times at this level.
December 18 Bitcoin Bybit chart analysisHello
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.
Above is the 30-minute Tether Dominance chart.
Roughly, it should proceed as the blue finger moves,
and the beat should move in the opposite direction, right?
If I explain it, it may take all night,
so please refer only to the drawing section and major price ranges.
This is the Bitcoin 30-minute chart.
The FOMC US interest rate announcement is at 4 a.m.
Since the no-questions-asked decline yesterday,
the mid-term pattern has also been broken, so there have been a lot of turning points.
The strategy is going to be one-way,
but I don't know how to explain the mid-term turning point.
The secret section at the bottom is the Gap8 section,
and when I draw it, it seems impossible if it doesn't fall right away from the current position.
To summarize,
*The blue finger movement path is a two-way neutral
short->long switching strategy.
1. $106,394 short position entry section / red resistance line breakthrough or top section
touching is the stop loss price
2. $104,310.5 long position switching / stop loss price when the green support line is broken
After the final long position switching,
I don't know how it will move. Long target price is Top and I'd like to talk again tomorrow.
The purple support line drawn from the current position basically has to be maintained for the strategy to succeed, so please watch closely.
Orange resistance line breakthrough -> Purple support line must be damaged or separated.
... It's hard to explain.
Also, the movement within the convergence section of the orange resistance line in section 1 and the green support line in section 2 marked above and below is a sideways movement.
If it falls right from the current position or falls after section 1,
the section 2 at the bottom becomes the final long position entry section.
(section 1 is the first short position entry section of today)
section 3 is the support line of the 4-hour Bollinger Band.
It's around section 4+6 where the mid-term pattern is restored.
It becomes today's major support line,
and the bottom section is the center line of the 12-hour Bollinger Band chart.
Overall, if only the green support line is maintained,
it would be best for a long position.
I marked a thin gray line below the bottom,
which is a mid-term trend line.
Since the low point continues to rise,
if this position is not broken,
the uptrend can continue.
Up to this point, please use my analysis as a reference and only
I hope you operate safely with principle trading and stop loss prices.
Thank you.
Correction Considering the reaction of the price to the resistance range, it is expected that the continuation of the corrective trend will be formed up to the specified support range.
#btc #elliottwave short sell setup wave 4 a 15Dec24This 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.
Bitcoin in short - term Hello, dear friends! It’s Kateryna here with You again! I'm so happy to reconnect with You all! It’s amazing to see the market coming back to life after years of stagnation.🙌🏻 I hope You're doing well and riding the waves of price action like pros, haha!😁
I’m also trying to keep up, despite a tough autumn and winter in my country.😞 Honestly, trading without this platform and the incredible community here feels dull and uninspiring. I truly miss the energy of the last bull run when I found so many like-minded people and made friends I’m still in touch with today!🫶
Let’s keep sharing ideas and supporting each other—it’s such a fantastic feeling to be part of this community!🚀
Now, about Bitcoin’s short-term price action: I see a potential price drop to the support levels of 96,500–95,500. It’ll be crucial to closely watch how the price develops in the following days. At the same time, we shouldn’t rule out the scenario where Bitcoin breaks through the short-term descending resistance line, giving it a chance to climb higher within the channel.
On the chart, You’ll notice what I mean if You look at the comparison of previous price movements (marked with pink and blue dots).
What do You think, dear friends?🧐 What’s Your outlook for Bitcoin in the near future? I’d love to hear Your thoughts—share Your comments or post Your charts!🙏
Yours always,
Kateryna💙💛
BTCUSD TECHNICAL ANALYSIS (RAED CAPTION)hi traders! share you opinion about this chart in comment section
current price: 98020
after hitting highest of all time BTC has entered in sphere of retracement. all D1 candles of this week have established a bearish trend and market is trying to stabilize itself. currently market is working under parallel channel. if market rejects 98500 then its next move will be 94500.
key points:
resistance: 98500 and 99850
support zone: 94650 and 91500
demand zone: 94650
like, share and follow. thanks for your support
