BTCUSDchart is art, but Bitcoin is life
2 pinbars form an equally long wick of bullish and bearish, an illustration of the fierce battle between good and evil in life (so beautiful chart ever)
charts.mql5.com
BTCUSDT.P trade ideas
BTCUSDchart is art, but Bitcoin is life
2 pinbars form an equally long wick of bullish and bearish, an illustration of the fierce battle between good and evil in life (so beautiful chart ever)
charts.mql5.com
Btc key levelesBtc key levels.
You want the price to stay above the heavy resistance and keep that as support.
Each level can reject to a new low or offer support and push the price up, or act as resistance and push it down a level.
Bitcoin 100.000 $ Price Prediction - WHAT COME'S NEXT?This chart presents a BTC/USDT price projection using Elliott Wave analysis on the daily timeframe. The chart indicates a potential "blow-off top" scenario approaching above the $127,000 level, so 140,000.
The overall structure aligns with wave theory, suggesting a continued bullish trend into 2025.
We are now in Market Cycle Corrective Wave 3.
No, Bitcoin will not dump to 60,000 $.
Don't get FOMO!
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Bitcoin Roadmap==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) started to pump up late yesterday with the following three News and the important resistance of $100,000 seems to be broken:
1- Federal Reserve Chair Jerome Powell: Bitcoin is like gold( OANDA:XAUUSD ), not dollars.
2- President Putin says, “Bitcoin, Digital Assets will continue to develop".
3- 'Who's Laughing Now?' NYC Mayor Eric Adams Boasts About Bitcoin Paychecks
⚠️Note: As I said in previous posts, the crypto market has become more dependent on the news and reacts to any development or news in the world, so capital management should be observed more than before.⚠️
Let's now look at the analysis of Bitcoin after yesterday's pump .
Bitcoin is currently moving in the Potential Reversal Zone(PRZ) and near the Support zone($99,600-$98,620) .
According to the theory of Elliott waves , Bitcoin seems to be completing wave 4 , and we should wait for the start of wave 5 . The wave 4 structure is a Zigzag correction(ABC/5-3-5) .
I expect Bitcoin to start increasing again after the end of wave 4 and attack the Resistance line . If the resistance line breaks, it can at least go up to the previous top($104,088) .
⚠️Note: We should wait for Bitcoin to fall further if Bitcoin goes below the Support line and the Support zone($99,600-$98,620).⚠️
⚠️Note: Due to the Sharpie movement of wave 3, BTC may not even create a new All-Time High(ATH) (wave 5 will be Truncated). ⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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BTC/USDTAs anticipated, we closed below the resistance line, signaling weakness in the recent price rally. This suggests the possibility of further downside or consolidation in the short term. We're still at a crossroads—either the bearish pattern gets invalidated, or it continues to unfold. The market is at a critical juncture, and we’ll need to see how it reacts in the coming sessions to determine the next move.
BTC not finishid the correction?For my modest experience, I can only say that history truly repeats itself, and in this case, we might experience a strong sense of déjà vu since the situation is strikingly similar to past bull runs. A correction shakeout – a buyback – and a second correction bottom. Well, let’s see how it goes. And remember, the market always gives a second bottom, sometimes even a third...
Pack it up boys BTC heading for rangelows next...According to the rules, if a market gets rejected at the Fibonacci resistance line, it can regain momentum through a small correction. The condition is that the market must not pull back deeper than the point where the move started.
Unfortunately, this is exactly what happened with Bitcoin (marked by the white line). As a result, we now have to assume the market is building bearish structures and moving towards the range low.
My trade idea is also marked for you. Invalidation would occur with a new higher high.
Trading opportunity for BTCUSDT BitcoinBased on technical factors there is a Buy position in :
📊 BTCUSDT
🔵 Buy Now
🪫Stop loss 92750.00
🔋Target 1 106500.00
🔋Target 2 109900.00
🔋Target 3 115000.00
💸RISK : 1%
We hope it is profitable for you ❤️
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Bitcoin and altcoin overview (December 06-07)Yesterday for Bitcoin, we followed a less priority scenario and experienced a strong decline, testing 2 buyer zones at once.
At the moment, a balance structure is likely to develop between the two zones, and until we overcome the new selling zone, going long is not recommended.
Selling zone: $100,000-$103,000 (cluster anomalies).
Buying zones: $97,000-$94,400 (decelerating volume), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone).
Interesting altcoins
For ZIL , there is a high probability of a breakout to the long side at the marked levels. At the price of $0.35, volume protection appears for the second time in horizontal volumes.
Bitcoin (BTC): Quick Liquidity Movement To $90K / Buyers FailedBuyers failed to secure the $100K zone, and upon breaking the psychological resistance of $100,000, we witnessed a smaller liquidity grab in the upper zones, followed by a larger one in the lower zones.
Now, this liquidity grab demonstrated the dominance of sellers near this zone and suggested a potential movement to the side or downward in the future.
Once again, we are closely monitoring the resistance zone. If buyers manage to regain control near this zone, we could experience a significant surge. However, if they fail, we may initiate a proper correction that could last until the end of the month.
So all attention is right now on $100K and liquidity zones; it will be a fun ride so be careful!!
Swallow Team
What nextIIn my previous post, I mentioned that the market could potentially reach $100K, and I also warned of sharp volatility in that region. As expected, the market responded accordingly. Over the last 8 years or so, we've repeatedly heard predictions that Bitcoin would hit $100K, and now it has, much to the delight of HODLers. The big question now is: What’s next? Where are we heading?
I have my reservations about the entire crypto space, and while I might upset some people, these are just my personal opinions on Bitcoin.
To get back to basics, Bitcoin was launched as an alternative to traditional fiat currencies, with a goal of providing a decentralized, transparent, and secure system for transferring value. It was also designed to resist inflation (thanks to its fixed supply) and to give individuals more control over their wealth, without relying on banks or government institutions.
So, if Bitcoin was created as an alternative to fiat, how do we explain its rising price? It doesn’t quite add up.
The truth is, despite Bitcoin’s origins as an alternative to fiat currencies, its price is largely driven by a mix of demand as a store of value, speculation, institutional adoption, and broader economic factors. Bitcoin is no longer just a currency; it’s become a speculative asset without any underlying physical backing.
The fact that Bitcoin reached $100K isn’t up for debate, but the real question is: How many people actually profited from this rally? In reality, like most markets, only about 30% of participants likely made money. 20% probably missed the rally altogether, and the remaining 50% likely bought in at the peak.
As for where the market is headed next, time will tell. However, in my opinion, Bitcoin remains a highly dangerous instrument to trade. Good luck to all those involved.
BTCUSDT. Either an accumulation phase or it it likely to flip upBTCUSDT. Either an accumulation phase or it it likely to flip upward.
The Power of First Touch Zones on BTCLet’s review what’s happening on the BINANCE:BTCUSDT.P chart: We have a critical zone where retesting is prohibited, and entries are limited to the first touch of the zone. In this strategy, the supply or demand zone is identified as a strong reversal point based on prior analysis. The following rules must be adhered to:
Entry on the first touch only:
The first touch of the zone is considered an opportunity to enter the trade.
The goal is to capitalize on the strength of this zone in reversing the price, based on liquidity activity or the presence of significant prior orders.
Risk Management:
Entering trades using this method requires strict risk management.
BTC ANALYSIS (update)🔮 #BTC Analysis 💰💰
🌟🚀In 8hr chart we can see a formation of "Rising Channel Pattern in #BTC. As we said BTC will dump first then a bullish move will come. Chart is following the same. Now we could see a breakout of 100k level again
🔖 Current Price: $98100
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #BTC. 🚀💸
#BTC #Cryptocurrency #DYOR #PotentialBreakout
Bitcoin Shows Strong Bullish MomentumBitcoin experienced a powerful downward impulse, breaking through its channel to reach $90,550. However, it quickly rebounded, returning to the upper boundary at $98,080. This sharp recovery signals a strong bullish trend and indicates that Bitcoin is poised for further upward movement.
The swift recovery from the lower level suggests that the market remains confident, and the momentum is now leaning towards more bullish territory. As Bitcoin continues to trade near the upper boundary, traders should monitor for further confirmation of continued growth.
#Bitcoin #BTC #CryptoTrading #BullishTrend #TechnicalAnalysis #BTCUSD
BTC 1h updateWe've initiated a short position on the 1-hour chart, setting our sell level at 99,134, which aligns with the base of the sell effort bar. Currently, trading volume has decreased, indicating a lack of strong interest from both buyers and sellers. I'm anticipating that the price will approach this sell zone with minimal buying activity, at which point I expect sellers to assert themselves. At that juncture, we can look for a reliable upthrust pattern on the 5-minute chart to identify a suitable short entry point. Let's observe how this scenario unfolds.
BTC 1D updateOn Thursday, December 5, 2024, the market formed a substantial upthrust bar at the resistance level established on November 23. This upthrust bar exhibited significant volume, with a positive delta volume indicating that buying pressure slightly exceeded selling pressure. However, an upthrust bar, characterized by a wide range and high volume closing near the low, often signals potential price declines. Therefore, a downward movement toward 86,702 is possible. However, the price may attempt to retest the sell zone and the upthrust level, potentially trapping early sellers. Caution is advised in this scenario.
Aiming #BTC for $107,000!As mentioned on my previous btc charts, it did fell to my level said, Seeing the pattern, Buying at CMP's SL Trajectory line on the steep trendline, Very prominent pattern now as per my ideology gonna hit new highs. Ideal Stops at 95100
BTCUSDT. Short term analysisHello traders and investors!
Daily Timeframe Analysis
On the daily time frame, a range was formed on November 14, with the lower boundary at 85,072 and the upper boundary at 93,265.64. The seller's vector 5-6 is currently in play, with a potential target of 86,128.21 (85,072). Yesterday, the seller attempted for the second time to push the price back into the range below 93,265.64, but the buyer is still buying up.
Hourly Timeframe Analysis
On the hourly time frame, the seller has formed an impulse, with the impulse starting at 104,088 and ending at 90,500. Currently, the buyer has pushed the price back above 97,416.59, which is the start of the last buyer's impulse. The first resistance for buyers is 98,828-99,000.
In a situation like this, it’s difficult to give priority to either the buyer or the seller. Formally, as long as the price is above 97,416.59, buying opportunities can be considered. If the price drops below 97,416.59, selling opportunities can be considered.
It’s preferable to see strength from one of the sides (spread and volume), such as in the form of a buyer’s or seller’s zone, and then join the buying from the buyer's zone or selling from the seller’s zone upon their resumption.
Good luck with your trading and investments!
Bitcoin Astro outlookUpdated Astro Chart for BTC.
High Energy Periods ahead fuel growth into January 5th.
Bitcoin's Big Moves: What’s Happening Now and What Could Be NextBitcoin has been making big waves recently, and many are wondering: where is it headed next? I'll try to break it down step by step (NFA of course), combining technical insights and real-world factors to create a clearer picture.
1. Looking at the chart, Bitcoin’s price has been on a strong upward journey over the past few months. It’s already seen two major six-month periods of growth in recent years, each followed by a pause or a pullback.
2. Right now, Bitcoin is testing a key level near $99,500, a price many traders are watching closely.
What Could Happen Next?
Bitcoin is still in a strong position for long-term growth. While we might see a dip in the short term, it could be a great opportunity for a swing trade to $140,000, especially with more institutions and everyday investors entering the space.
At that levels, we would be expecting a dip, if compared to the behavior of gold in past years. Gold, often seen as a safe haven during uncertain times, has shown similar U-shaped patterns where prices drop slightly before soaring higher.
For now, patience is key. Stay tuned to global developments that could influence the next big move
Why Is Bitcoin Movement as such?
1. Institutional Interest:
Big financial players are diving into Bitcoin. Recent news about Bitcoin-focused exchange-traded funds (ETFs) has drawn massive investments. These ETFs make it easier for everyday investors to put money into Bitcoin without having to buy and store the actual cryptocurrency.
2. Global Trends and Inflation: Around the world, economic uncertainty is pushing people to look for alternative investments. Bitcoin is often called "digital gold" because, like gold, it’s limited in supply and isn’t tied to any government currency. This makes it attractive during times of inflation or when traditional markets are shaky.
3. Rising Popularity of the Network: Behind the scenes, Bitcoin’s network is stronger than ever. The technology powering it, known as the "hash rate," is at record levels, showing that the system is both secure and thriving.
Alt season a bitcoin analysiseth/btc and btc.d are great ratios to measure, but to fully enter an alt season a couple things have to happen
1] BTC can not go above 100k or else money will be pulled from alts to be put into btc
2] BTC can not close a daily candle below 89k or else money will be pulled from all markets due to fear.
3] BTC holds high value level at 95k region
BTC going past 100k means alts go down
BTC under 89k means alts go down
we hold 100k though, alt season is bound to start.
watch eth/btc for confirmation
