Wave 4The fall of btc can continue until the yellow box. Don't forget that the biggest candlestick in the history of btc was registered on Nov 24. I think that it is logical until the half of this candlestick with the level of 0.50. 84800. Wave 4 is a very time-consuming and tiring wave.Shortby parsianyadak1
Bitcoin Btc usdt Daily analysis Time frame daily Risk rewards ratio >1.6 👈 for buyers Risk rewards ratio >1.7 👈 for sellers Technical analysis 👇👇👇 ↘️↘️📶📉 An broadening triangle pattern has formed on the daily timeframe and there is a possibility that we will face a decline if the price breaks below the pattern’s bottom. However, we have several strong support areas at $88-$95 that can prevent the market from returning to a bear market. If the sellers get stronger and this support area cannot withstand the pressure from the sellers, Bitcoin will fall to the $77 range. 👉👉📈↗️↗️ On the other hand, if Bitcoin moves up, our first target will be the upper edge of the triangle and the price of $110. At that time, we need to see if the buyers' power is greater than the sellers'? If it is, the yellow box, which is the intersection of the long-term uptrend and the price exit area from the triangle, will be our next target, the range between $114 and $118. 🎯🎯🎯Longby Habib-Tafazoli112
BTC update - DEC 20 2024After sweeping the liquidity that was positioned just above 104,000 zone, BTC finally began the heavy dump on Dec 17th causing a heavy sell pressure in the market as predicted. Current solid support zone for BTC is the 90,200 zone where the upcoming reaction must be analyzed. If BTC breaks through the support level, it will most probably head for much lower levels possibly the recent CME gap and since BTC dominance is still rather high, more dump in BTC means altcoins are going to be greatly affected and they will touch mush lower levels as well. One thing to keep in mind is that the current heavy dump in many altcoins is probably the shakeout before the altseason so it is once again advised to consider buying the dip in the potential altcoins.by AlgoBotTrading2
Bitcoin: Double Zigzag and a Potential Bullish Breakout?Currently, I am marking Bitcoin’s movement as a correction in the form of a double Zigzag (WXY). However, Bitcoin often exhibits the ability to extend waves without altering the broader structure...and we can fall further down. The bullish scenario will take precedence if the price breaks above Wave X at 102,740. That is, of course, unless the market transitions into a larger triangle pattern, which could extend the corrective phase for a while longer. by The_Traders_Memoirs2
Bitcoin Update.The price is in the ascending channel and rejected near the top. Watching $77K–$85K FVG as key support. Bullish target: $108K Break below FVG risks a deeper drop. Bullish or bearish next? Longby stanleycrypto2
2 years of bear market ahead!We are at bull market top ... prepare for downside which will be more or less slowly ... 2 Years of bear market ahead!Shortby CryptoAsAWay111
BTC 1h updateNotice how the test level, formed after the breakout, held perfectly, leading to a 1-bar spring. Following the 1-hour spring, an entry point could be spotted on the 5-minute chart.by MrXade1
BTC/USDT SHORT TERM TARGET AND IMPORTANT SUPPORT LEVELS!!!Bitcoin's surge towards $112,000 excites investors, but caution is warranted. Strong weekly closes fuel optimism, yet corrections loom. Support levels at $92,690, $92,551, $83,470, and $74,541 offer potential buying opportunities. The 5EMA suggests short-term strength, with prices above the moving average. However, this rally presents a problem for altcoins. Bitcoin's non-bearish dominance stifles their growth potential. Typically, altcoins thrive when Bitcoin's dominance wanes or stabilizes. This creates a dilemma for diversified crypto portfolios. The solution? Monitor Bitcoin's dominance closely. A shift could spark altcoin momentum. Meanwhile, focus on Bitcoin's journey, using support levels as guideposts. If breached, watch $55,017 for a possible trend reversal. Adapt strategies as market dynamics unfold.by PROFITPULSE10X1
Bitcoin analysis and two upcoming scenarios: bearish and bullishBitcoin is in an ascending channel on the daily time frame. Given the proximity of Christmas, it could have a correction market. In the first scenario, a correction to the $80,000 range for me.In the bullish scenario, by breaking through the $108,000 to $110,000 level, we could continue to rise to $120,000, by ArBitCrypto2
is this a pulback?This could be another one of my scenarios and it’s a test of an indicator, not anything else.by half-shirt-2024222
CUP and HANDLE emerged in BTCUSD H1 outlookBTC/USD Technical Analysis: A Cup and Handle reversal pattern has emerged on the BTC/USD chart, suggesting a potential trend reversal. The pattern is characterized by a rounded bottom (cup) followed by a smaller consolidation (handle). Key points: 1. Cup: The rounded bottom of the cup is visible at 94553, forming a potential bottom. This level marks a significant support area, where buyers have previously stepped in to push prices higher. 2. Handle: The handle of the pattern has formed at 99343, representing a smaller consolidation phase. This level marks a crucial resistance area, where sellers have previously pushed prices lower. 3. Resistance: The upper boundary of the cup is at 101630, which is currently being tested. A breakout above this level could confirm the pattern and lead to a rally in BTC/USD. 4. Current Price: 101620, just below the resistance level. The current price action suggests that buyers are attempting to push prices higher, but sellers are still present, trying to defend the resistance level. 5. Target: 105450, which is the measured move of the cup. This level represents a potential target for the rally, should the pattern confirm. The Cup and Handle pattern is a bullish reversal pattern, indicating a potential trend reversal. A breakout above the 101630 resistance level could confirm the pattern and lead to a rally in BTC/USD, with a potential target at 105450. Trading Implications: - A long position could be considered above the 101630 resistance level, with a target at 105450. - A stop-loss could be placed below the 99343 handle, to limit potential losses. - Traders should monitor the price action closely, as a breakout above the resistance level could lead to a rapid rally. Best Wishes Tom 😎 Longby Tom_Trades_670Updated 2211
You will lose money if you don't HODL! CRYPTOCAP:BTC closed below it's 1W S and alts are bleeding. This is okay because you should wait and ride it out! This is just an extreme shakeout. In 2025 CRYPTOCAP:BTC and alts will recover and make new ATHs. If you don't sell you can't lose. Just be patient and keep BUYING THE DIP! I'm watching #VIRTUAL and GETTEX:HYPE here!Longby CryptoJayTrades1
28R BTC LongExpecting a move up to approx $100k. I think this 3 wave move down (white pattern) is a bullish pattern for short term price action so I’m looking for lower time frame entries. Longby TipsOfPips1
$BTC - Crucial Level We got a nice absorption into 92k, price rebounded with bullish flows in equities this brought back the passive buyer behind price. So far, we're holding 96k during the weekend, however, weekly close will be a tell-tell as we need to get above m_rvwap We're now rejecting at 98.5k and if we can't get above our m_rvwap , higher chance we'll slow bleed until 88k to 86k. 98.5k is a crucial level to reclaim in the short term, else, will consider this as bearish retest.by Tealstreet1
If bitcoin will not reclaim 100K, this will matter!#bitcoin #btc price' s dump has been proceeding as i revealed in my previous ideas. (See my prev. posts). Now, 100K is the bearish retest zone for CRYPTOCAP:BTC . if #btcusd declines at or below 100K usd, there' ll be a serious trouble. Not financial advice.Shortby naphyse1
$97k is the mak-or-break level for BitcoinIf Bitcoin can confirm above GETTEX:07K we are back on bull season. If price turns around here, we could go to GETTEX:92K , FWB:83K , or $74k. by tokentradertv111
BTC to test and create a little consolidation soonas shown in my analysis...you can do a little sell scalp movement at the right timeShortby Temijhay1
btcusdthi guys . wait for bitcoin . now Not good place . Not Enter . Not Buy . Not scalp . Relax... and wath CHART by mojtabam136213621
BTC dump as BTC.D gears up to retest!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyze BTCUSDT : Bitcoin has broken below its previous trading channel and is testing lower support levels. This drop is largely attributed to Bitcoin dominance (BTC.D) rising to retest the 59% level. BTC is presently around the $94,700 support. If this level holds, a significant price rebound is possible. However, if BTC dominance reaches 60% or higher, BTC could fall further to around $91,000. Key Support Levels: $94,700 $92,0500-$91,100 Key Resistance Level: $98,500 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!by persis10t1
"Bitcoin Trade Plan (BTC/USDT):Here’s my outlook for the next few weeks: 1️⃣ Price could test the 97,300 support level, where I’ll watch for a bounce. 2️⃣ If it breaks lower, I expect further downside toward 94,800. 3️⃣ Bullish scenario: A strong bounce above support and consolidation could push BTC to the 108,000 - 110,600 zone. Keeping both bearish and bullish setups in mind—reacting based on price action. Let's see how it plays out!" by sinaaf1
HolderStat | BTC is on the cusp of volatility👉 Amid slowing inflows into spot BTC ETFs and weak bearish pressure, BTC price remains above key support. Institutionalists are hoarding the coin, and Bitfinex says: the target is $200K by mid-2025, so it's likely that corrections will be moderate due to strong demand. The Bitcoin Policy Institute has proposed Trump's strategic plan for BTC reserves. If the idea becomes a reality, it could trigger a new round of global growth 📈 🧐 Remember: smart money prepares the ground for the rise! _____________________ 📊 Want more useful analytics? Like and subscribe to stay up to date with the most relevant trading ideas! Always DYOR! 🔬 Longby HolderStat112