Bitcoin chart is bearish#bitcoin #btc price formed a bearish head & shoulders pattern and it looks CRYPTOCAP:BTC looks bearish in short term if market won' t be manipulated again! Not financial advice.
BTCUSDT trade ideas
Bitcoin(BTC): Plan A($140K) & Plan B($70K then $140K) / New ATHThe new week is showing some major bullish signs, where Bitcoin is breaking recent all-time highs (ATH) and seems to be getting ready for next momentum here.
Despite that, we are seeing some bullish signs, and we are still waiting to see that correction before actually forming the last ATH for the bull market.
So here we are again with 2 possible scenarios, where there is a possibility of seeing the price break current highs and with bigger volume, go for the 140K zone.
The other scenario is where we will see a correction to start and then move to 140K.
To be honest, looking currently at the markets, Plan A seems more logical, but if we actually manage to go for it, then from there we will see some bigger corrections, but not the bearish trend of course, just a liquidity move and consolidations.
Swallow Team
$BTC Finally Breaks Out After 4 Tests! Bullish Momentum or Trap?
It’s been a journey for Bitcoin! After testing a major resistance level 4 times, it has finally broken through. 🎉 This breakout is exciting, and the previous resistance now seems to be turning into support for the bulls. 🐂
But before we pop the champagne 🍾, let’s ask the big question:
Where is CRYPTOCAP:BTC really heading? 🌍
📈 Bullish case: Many believe this breakout could be the start of a massive rally. With strong support below, the market looks primed for Bitcoin to climb to new highs. Could this be the launchpad for a new ATH (All-Time High)? 🌕
📉 Bearish take: Despite the breakout, I’m still cautious. I think we might see a bull trap, and CRYPTOCAP:BTC could dip below 80k before creating the momentum for a real, sustained rally. The market has a way of catching overexcited bulls off-guard, and liquidity grabs often happen when we least expect it.
💬 What’s your take? Is this the start of something massive, or are we in for a surprise pullback? Drop your predictions below! 👇👇
12.6R Trade BTCIt would be healthy for BTC to have a bit of a correction here to complete a measured move down. ABC correction wave.
Buy side liquidity at the highs of the range has been stopped out it seems and there is sell side liquidity likely at those lows.
The BTC miners seem close to bottoming but I am anticipating a move down lasting until Monday-Tuesday next week.
It’s 50/50 whether this move happens.
30% chance of success on the trade as it is a counter trend trade.
BTCUSDT: Trend in daily time frameThe color levels are very accurate levels of support and resistance in different time frames.
A strong move requires a correction to major support and we have to wait for their reaction in these areas.
If the BTC chart does not react to close levels 102000, this analysis will be invalid.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
BEST,
MT
Bitcoin and altcoin overview (December 20-21)Bitcoin did not follow the priority scenario and broke through the buying zone of $102,000-$100,000 (accumulated volume) without a proper secondary reaction.
At the moment, the local scenario has shifted to bearish, with all major volumes located above, so we only consider going long after confirmation or consolidation above the now mirrored selling zone of $100,000-$102,000.
Currently, there is a small absorption of sales in cumulative delta, but there are no reversal formations, we expect a test of the $94,200 level and will monitor the reaction.
Selling zones: $100,000-$102,000 (mirrored volume zone), $103,200-$104,200 (local volume zone).
Buying zones: level $94,200 (buyer aggression), ~$80,000 (volume anomaly), $77,000-$74,000 (major volume zone).
For altcoins, we are only considering local formations
BTC to 85K
I said to my members on December 9th that I had a wish (an unlikely one at that) that Bitcoin may have a retracement back to a large FVG at just over $85k . Then it hit its all time highs and I thought my idea was invalidated. After this week though, it may still be in play?
I am setting up some buy orders at $85k in case a wick hits that FVG support line.
My Best Analysis BTC/USDT (30-Minute Chart) Analysis
The chart indicates a potential Inverse Head and Shoulders pattern, which is typically a bullish reversal signal.
Key Observations:
Pattern Formation: The Left Shoulder, Head, and Right Shoulder are clearly visible, with the price approaching the neckline.
Breakout Potential: A breakout above the neckline could push the price towards the target range of 102,000 - 103,000 (green zone).
Support Zone: Around 98,925 (purple zone).
Resistance Zone: Near 102,634 (green zone).
Trading Plan:
Entry: Wait for a confirmed breakout above the neckline.
Stop Loss: Below the support level (98,925).
Take Profit Levels:
TP1: 100,030
TP2: 102,208
TP3: 102,634
Note:
Maintain proper risk management and monitor market conditions for additional confirmation before entering the trade.
Bitcoin 1D Chat Analysis Historically after making local top, CRYPTOCAP:BTC starting to slow down and there is a significant retracement, we could see 15 ~ 30% correction during that time, also at that point, altcoins started accumulating
When #Bitcoin found its bottom and starting to recovery, this is the begin of altseason where altcoins outperform #BTC and giving bullish confirmations
Our plans so far (not confirmed yet)
-- Add strong utility altcoins at current support (with low exposure and lower than 5% of total balance)
-- Increasing our positions to entire the market at critical support, we will probably chase trending narrative, and started accumulating more altcoins with strong FA & TA (higher than 30% of total balance)
-- If we get "worse case" when bitcoin dipped at $80,000, we will probably increasing portfolio to 50% - 60% exposure to the market (dollar-cost-average all the tokens we bought)
Current support at $98,000
Critical support at $90,500 & $85,000
Worse; $80,000
"This is another analysis from a different angle compared to my "This is another analysis with a different perspective compared to my previous one."
Bearish setup for BTC , bullish exhaustion in decline on the 45mentry @ 104850
2ATR EFI is close to zero and Stochastic RSI get overbought quickly, while uptick looses steam on the 45 minu chart. I expect the decline to continue and price making a 2 ATR move
stop: 105501
target: 103468
Trade #00001
BTCUSDT !! Correction Phase StartedHow's the Josh Traders??
So, Lets talk about BTCUSDT.
Whole world is analyzing BTC! that it will travel towards 200000$ its Purely Correct BTC can Travel towards 200000$ .......... BUT WAIT
Lets Do some chart structure and Detail analysis.
Always Remember market will always follow the chart structure as per Elliot Waves.
and as per Elliot Waves, IMPULSE WAVE 3 HAS BEEN COMPLETED AND MARKET IS HEADING TOWARDS WAVE 4 ( Wave 4 is an corrective wave in Elliot Waves).
SO AS PER MY ANALYSIS AND ELLIOT WAVES CHART STRUCTURE WHICH I HAVE CLEARLY DRAWN ON THE CHART, BTC IS READY FOR A GREAT FALL.
SO,
SELL BTC @ 108,000$-110,000$.
SL : 114,000$.
TARGET : 75000$.
NOTE : THIS LEVEL IS FOR EDUCATIONAL PURPOSE PLEASE REFER TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE.
HAVE A GOOD DAY TRADERS.
BTCBitcoin update:
After Bitcoin breaks the current resistance, it will break through the previous historical louse
104 thousand.
It will give the currencies a chance to move
BTC/USDT Weekly Chart Analysis. BTC/USDT Weekly Chart Analysis.
A classic bullish reversal pattern has played out successfully.
The structures of the left, head, and right shoulder are perfectly aligned, confirming the breakout above the neckline.
BTC has broken its previous all-time high resistance, pushing above the $100,000 level with strong momentum.
The current sharp rally suggests overextension; a pullback could occur.
Trendlines and Resistance Areas:
BTC has crossed a long-term upward trendline and broken above the resistance area (highlighted in beige).
The breakout signals a shift in price discovery with a possible consolidation or retest.
The 21 EMA (black line) remains well below the current price, confirming bullish strength.
If the momentum sustains, BTC could rise to $120,000-$130,000 in the coming weeks.
The previous resistance area ($80,000-$85,000) could be retested.
This would allow for consolidation before the next leg up.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
BTC New All time High and Sentiment IndicatorYesterday was a perfect day where our sentiment cycle indicator was able to capture bull momentum, bearish momentum, and sideways market as well. area in green, yesterday's pump you can see it was in green at level 1,03,252. It started the bull momentum, we got the signal, and the high was of 3,405 points. And then after that it was sideways as I have highlighted. And then we got a sell signal at 1,05,210. And just now 15 minutes back, it has exited the sell signal. And this move is off. Max it was 1,700 points. So yeah, that was the only reason for creating this indicator to help us show the bullish or bearish momentum and also the sideways areas where we can avoid new trades. As long as it is without any color, it is sideways. It only gets us the sentiment, either bullish or bearish sentiment signals.
$140k BitcoinI no longer think there will be this liquidation move lower before heading higher and I actually think we have started the next leg up already.
I base this on the election cycle and what Bitcoin previously did.
Look back from week Dec 14th to first week of Jan and Bitcoin went up over 100% in 2020 with a very similar ascending wedge pattern.
Almost identical.
60 day cycle potential top & rolloverBased on the TD count and 60-day cycles, we can effectively identify tops and bottoms in the market.
Currently, we are in the second half of a 60-day cycle, with the potential for another 3-5 days of upward price action before we see a rollover into the early January cycle low.
Stay cautious and monitor the price action closely as we approach this key turning point.
BITCOIN ,(BTCUSDT) close to the traget !!!!!the pattern reached the 1st target at 104000
maybe or maybe not to go to the 2nd target of 117000
it is a dangerous trading area
personal opinion 😁
DXY vs BTC - Don't Fade the FedVery simple concept that people should be aware of.
When DXY runs it is because investors are risking off from the market into USD for some reason.
Usually DXY will run in opposition to the majority of Stocks, Crypto and other risk on markets.
The Fed has announced yesterday that there will be less rate cuts than expected in 2025 and are hawkish causing a market wide selloff into USD and other safe haven assets.
This risking off may be done and we could see a reversal on the DXY, a failed breakout: or we could be in for more pain.
It's a big warning sign.
BTC → Consolidation Before The Breakout When Do We Go Up?BINANCE:BNBUSDT continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse
A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution).
But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful
Resistance levels: 101.8K, 104.1K
Support levels: 98.9K, 94.15K
Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high
BTC Correction Levels in Short TimeBTC most awaited 100k was just $500 away but had been slowly coming down today.
Following Higher Lows are as of now the holding levels to keep the trend bullish for BTC on M15 and H1 .
To break structures and form bear trends, both levels need to be broken and closed below first.
M15 level is 97.5k
H1 level is 95.6k
Disclaimer - Use risk management while trading and prepare your own analysis as well before placing trades.
