BTCUSD : Good luckThis is a follow-up to the chart published on 14 Nov.
As I said, patience is important. As to what happens next, it depends on luck.
Good luck.
BULLUSD trade ideas
BITCOIN Why Do you think I am long PUTS ???The chart from an ELLIOT WAVE Perspective I have now completed 5 of 5 or will need one last pop to 109100 But from a position trade the option are to be placed NOW .I am long In the money PUTS the decline that is about occur should be painful for LONGS in 2025 ,happy holidays WAVETIMER Look at the RSI
Bitcoin Dips to $96K Amid MARA and Hut 8’s Major Accumulation SpBitcoin ( CRYPTOCAP:BTC ), the flagship cryptocurrency, faced a notable price dip to $96,300, reflecting a 6% decline over the past 24 hours. Despite this, significant institutional purchases by MARA Holdings and Hut 8 highlight the growing confidence in Bitcoin's long-term potential.
Institutional Accumulation on the Rise
MARA recently purchased 15,574 BTC at an average price of $98,529 per Bitcoin, totaling $1.53 billion. This acquisition, financed through zero-coupon convertible notes, has increased their holdings to 44,394 BTC, worth $4.45 billion at current prices.
MARA’s year-to-date BTC yield stands at an impressive 60.9%, underscoring their strategic accumulation approach.
Another institutional player, Hut 8, announced the purchase of 990 BTC for $100 million. These acquisitions demonstrate that major players view current prices as an attractive entry point, reinforcing Bitcoin's narrative as a store of value.
Market Sentiment and Activity
Despite the dip, CryptoQuant reports no signs of widespread panic selling. This indicates resilience among market participants, with many holding firm in anticipation of a rebound. Additionally, Bitcoin remains 4.59% up in December and 60% up over the past four months, reflecting its strong performance in the broader macroeconomic environment.
Technical Analysis
1. Relative Strength Index (RSI):
Bitcoin’s RSI currently sits at 35, signaling oversold conditions. Historically, such levels have often preceded a price rebound.
2. Fibonacci Retracement Levels:
Immediate support is observed at the 65% Fibonacci retracement level, a critical zone that could stabilize the price. However, persistent selling pressure might push Bitcoin lower, with potential targets at:
- $90,000 (1-month low)
- $80,000 (key psychological level)
3. Volume and Liquidations:
Over $100 million in liquidations occurred in the last 24 hours, suggesting significant market volatility.
Short-Term Outlook
While the dip has raised concerns, Bitcoin's fundamentals remain strong, bolstered by robust institutional demand. The oversold technical conditions and significant support levels suggest a potential recovery in the coming days. However, traders should remain cautious, as further dips could occur if broader market conditions deteriorate.
Conclusion
Bitcoin’s dip to $96K reflects short-term volatility, but the sustained interest from institutional players like MARA and Hut 8 underscores its long-term potential. As market sentiment stabilizes, Bitcoin could see renewed bullish momentum, making this an opportune moment for investors to assess their strategies.
BITCOIN Long Position This chart analysis focuses on the BTCUSD pair on a 15-minute timeframe. Below is a detailed breakdown of the key elements:
### **Key Observations**:
1. **Trendline and Pattern**:
- There is a clearly drawn ascending trendline (black) that shows an upward bias in the market's overall structure.
- The price has been respecting this trendline, indicating strong buying pressure at the lower levels.
2. **Resistance Level (108,276)**:
- A horizontal blue resistance line at 108,276 marks an important level. A breakout above this resistance with a **green candle closing above** is a key signal for entering a long position.
- Historically, this level has acted as a significant barrier, rejecting price movement multiple times (seen with price failing near this level).
3. **Support Zones**:
- The green and red shaded regions between approximately **99,358–96,122** act as demand zones. These areas have historically attracted buying interest, with clear evidence of price bouncing from these levels.
4. **Trade Setup**:
- A **long position is planned** if the price breaks above the resistance (108,276) with confirmation from a candle closure.
- The potential trade includes a favorable **risk-to-reward ratio** indicated by the green (profit zone) and red (stop-loss zone) regions.
### **Technical Indicators**:
- **Double Bottom Formation (Bullish Reversal)**:
- Two circled regions (around 96,000) suggest a double bottom, signaling potential upward momentum. This strengthens the bullish bias.
- **Historical Resistance Retests**:
- Price has tested the horizontal resistance multiple times, indicating its strength. A breakout will likely lead to a significant move higher.
### **Risk Management**:
- **Stop Loss**:
- Positioned below the recent swing lows near **96,832** to protect against invalidation of the bullish setup.
- **Take Profit**:
- Potential targets are identified using Fibonacci levels or prior resistance zones, with the first target at **109,208**, aligning with the higher trendline.
### **Final Notes**:
- The setup relies heavily on price action. Ensure confirmation of the breakout with strong volume before entering the trade.
- Monitor BTCUSD fundamentals or macroeconomic events that may influence volatility during this period.
this is not trading advice .. trading is risky
BTC - Update After DumpIt seems BTC is forming some sort of parallel channel with a series of higher lows (being supported by the 50 ma on 12H) and a series of higher highs. Therefore, with the recent dump, BTC is still in its uptrend.
But, if we lose the bottom of the channel/50ma on 12H, BTC will start its first major correction of the cycle.
BTC - 1H Quick scalp opportunityIn this falling wave, BTC has made a slight correction, presenting a great chance for a quick sell. I'm targeting a swift drop.
Stay tuned for updates! 🎯💹
BTC's Nice BounceBitcoin had a bad day. So did everything else. This was one of the worst days in recent memory for stocks, the Dow Jones is on a historic downturn and volatility rose dramatically.
And Bitcoin is still $102,000.
Think about that.
From a technical perspective, Bitcoin looks great. We now have more potential hidden bullish divergence with RSI, price bounced RIGHT at support and closed back above $100K.
Nothing here scares me, and the market’s first reaction to the FOMC or other news is usually wrong.
Daily Analysis of Bitcoin – Issue 233The analyst believes that the price of { BTCUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Heading into 50% Fibonacci resistance?The Bitcoin (BTC/USD) is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 102,858.96
1st Support: 94,387.12
1st Resistance: 108,432.84
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$BTC update short tradeAs indicated earlier, I expected that MARKETSCOM:BITCOIN could still make a significant correction.
Just didn't hit the box, but fib 1,618 extended and correction back below bullish resistance.
For now I don't know whether we want to complete the correction or whether we have now found rock bottom.
I think that after yesterday we are really scared and that we are not quite ready yet.
The only thing I want to say is that I am certainly bullish for the long term, but these bloody days are really necessary for the big bull run. Buttocks together and hold on.
As soon as you sell and or your stop-loss is hit in a declining market, it only means that others will run away with your money. Of course I provide trade safely and control over your portfolio.
Be kind to the world and each other!
Has BTC Topped for now? I examine the real possibility the BTC was just completed 5 waves up, and we will see 5 waves down. In green. A break below $98,700 takes us to $73,800. I see this as the highest probability scenario, and the best place to rebuy.
btcTo reach higher numbers, the bit faces three resistors in the red lines; if it cannot pass, the lower lines are activated.
update from the last bitcoin reportAs we anticipated, our analysis on BTCUSD has played out as expected. Now, we're shifting our focus to the next move. What's your take on the current market dynamics? Should we expect a continuation of the trend or a potential reversal? Let's discuss our strategy and make informed decisions to maximize our gains.
BTC hit target OPBTC hit target OP in monthly chart @107,587
Daily chart look like Three Driving pattern if the price below 103,647
BTC following suite with the rest of the market's yearly closeWeekly levels are still keeping the HL > HH narrative. Going into the year we want to see the nearest weekly lows tested $94K down to the imbalance high around GETTEX:89K , the lower the better here.
I believe BTC following suite with the rest of the market is seeking levels for the yearly candle transition. During this process we will expect a strong low to be placed to support the rest of the yearly surge to come.
A clear support zone in the imbalance below on daily chart with volume profile POC also resting in this fib retrace range. As we can see on VP the bullish liquidity is heavy in this range.
Although this range is heavy bullish, I do expect a deeper sweeping of weekly lows before the next year's candle finds its stable low.
Daily chart >>
btcUSD channel , no position m just observing whether it breaks This is the latest channel BTC is in . Watching to see if we reject from resistance or we break through.
Bitcoin Market Update: Why I’m Still Not Buying the Hype🚀 Bitcoin’s Short-Lived Breakout? Bitcoin is showing upward momentum, but I believe this is a short squeeze and not a sustainable breakout.
📉 Caution Is Advised: I’m sticking to my guns—I don’t trust the current upward action and predict significant downward movement soon.
🛑 Wait Before Buying: No altcoin I’ve reviewed is displaying convincingly bullish signals, reinforcing my cautious stance.
🕵️♂️ Cross-Market Analysis: Charts across the crypto market, including Bitcoin and altcoins, suggest indecision and potential fakeouts.
💡 Key Levels to Watch: Downward action could present excellent buying opportunities—stay vigilant for potential entries.
⚠️ Not Investment Advice: This is my personal analysis—trade responsibly and be prepared for sudden market moves.
CRYPTO:BTCUSD
COINBASE:NEONUSD
COINBASE:ARBUSD
COINBASE:SPELLUSD
COINBASE:SHPINGUSD
COINBASE:SUKUUSD
COINBASE:CTXUSD
COINBASE:HONEYUSD
COINBASE:RAREUSD
COINBASE:ALGOUSD
COINBASE:NEARUSD
BTCUSDTo me, it looks like a complete Ascending Triangle, What are your thoughts on this let me know in the comment below
### **Short Bias: BTCUSD (4H Chart)**
🔻 **Bias**: Bearish after a break of structure (BOS) and rejection near buy-side liquidity.
🔹 **Entry**: Near the Fair Value Gap (FVG) retest around **104,423.66**.
🔻 **Targets**:
- **TP1**: 99,573.52
- **TP2**: 99,307.38
- **TP3**: 87,500.00
🛑 **Stop-Loss**: Above **105,686.51** (recent swing high).
### Key Notes:
- Market structure shift to bearish.
- FVG rejection confirms sell-side intent.
- Targets align with liquidity zones.
Trade smart, manage risk! 💡
Non-stop growth to 150K without correctionsBe careful begun a non-stop growth to 150 thousand without any corrections.
My previous Bitcoin bear cycle prediction:
