#BITCOINThis forecast is calculated for the long term, based on my personal experience, which I rely on.
Not an investment idea!
The forecast was created for review!
BULLUSD trade ideas
Bullish Patterns and Bitcoin: A Roadmap to $125KAs anticipated by many, following Trump’s election, Bitcoin experienced a significant surge. On November 14th, it encountered its first notable correction during this upward momentum.
In early December, Bitcoin crossed the critical 100k milestone for the first time. However, this achievement was followed by a swift pullback.
Since then, dips have consistently been met with strong buying activity, and as of now, the price has stabilized comfortably above this key psychological level.
The price action since mid-November reveals the formation of an ascending channel, a technical pattern that historically suggests a 70% probability of continuation to the upside.
A decisive breakout above 107k could confirm this bullish scenario, with a measured target for the next leg up around 125k if the pattern fulfills its statistical expectation.
BTCUSD SIGNAL UPDATEHello traders look at the chart and share your ideas about it .
BTCUSD looking bullish from current area our last BTC setup reached our target. BTC is unstoppable now it will make a new target lets focus on it .
Further you can check my chart and share your ideas in comments
Follow me for more updates about the market.
BTC ElliotIt could be a Elliot super cycle!
Like the previous Elliott cycle that ended in early 2023 and the new cycle started at $16,000 and now we are completing wave 5 which I would like to see continue the price correction. On the other hand, we may be witnessing the formation of a super cycle in wave 3 where after about 6 months of price correction Bitcoin will start moving again and grow to $300,000.
This will be good!! Price is reaching the higher part of the channel where we will se parabolic move in the Q1. Looking forward just hold.
Bearish divergenceCould be a drop before the next leg up. I'm bullish on BTC long-term over the next year, and I do think it will pump in DEC, but short term looks bearish
BTCUSD - A Bit More on the Monthly RSIThe rsi will extend to the green line drawn
This will be the peak for the bullrun
There is some more room for growth during this run
Monthly timeframe
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.
Divergence - SHORT I am not perfect on explaining what is happening, but I am good in drawing my expectation.
in this expectation, I think there is a signal for Divergence from the tops which indicate price will revert to hard down, so keep in mind, Selling short period is about to happen.
and put in your mind, that the price sooner or later will come back to the main trend link ( the below white line)
so, BTC will go back again to the $60,000 again, and maybe less, you need to know the game, they drop the price with one click by selling a huge amount of BTC on their network, that's how they control the market, by selling and buying their exist BTC, they will never lose, this Satoshi Nakamato organization are like the CASINO, the house always wins. ;)
this is why BTC dropped from a technical standpoint this is what I see:
BTC is testing the biggest challenge which is the YEARLY top trendline so it can be tough to break
the PULLBACK can be painful for investors if btc cant break this zone (especially alts)
But if and when btc finally breaks that, it will be huge and we might not see btc below that trendline again in the future
only time will tell
BTC - start LEGI think that with this situation, the drawn trend line and the price ceilings that are approaching each other, Bit is slowly approaching the end of its rise and Ethereum will become the market leader.
possibility of uptrendConsidering the price behavior in the current resistance range, the downward trend will likely continue
If the price breaks through the resistance range, the upward trend will likely continue
Bitcoin hanging on support!Bitcoin testing the 200 EMA on the 4-hour timeframe as support. If it holds, we might see a bounce toward $100K. A break below could lead to further downside, with support around $92K. Keep an eye on volume for confirmation of the next move.
Key Levels to Watch:
Immediate support: $96,325 (EMA 200).
Resistance: $97,777 (recent swing high).
Next support below EMA 200: $92,000.
A clean structure inside a 1 Hour Structure As we know, BTCUSD has been bullish for a while now. And market recently bounced-off from a 3H TF structural zone signifying a strong bullish trend. But what most people don't see is that price created a 1hr structure and price is currently trading within that same structure so I want price to retrace to the structure inside 1hr structure (x) before I will go bullish again.
Bitcoin buy 96670Bitcoin declined to test support in 4 hr charts
At the same time on 2 min prices created gaping up separation
Buy on the retest
Let see if buyers can push price higher from here
To test 102 levels again
A small bump for BTC, a giant drop for MSTRThe difference between 1st support and 3rd support of COINBASE:BTCUSD is 4%. The same difference in support areas for CAPITALCOM:MSTR is 30%. Should 1st, and 2nd support break, CAPITALCOM:MSTR is in big trouble..
Buy #BTCUSD 101300 - 100900💎 Buy #BTCUSD 101300 - 100900 💎
Stoploss 100100
Breakeven 101350
TakeProfit 1: 101500
TakeProfit 2: 101700
TakeProfit 3: 101900
TakeProfit 4: 102100
TakeProfit 5: 102300
TakeProfit 10: 103300
TakeProfit 20: 105300
TakeProfit 30: 107300
Trade at your own risk
Protect your capital
The Wizard 🧙♂️
Saturday 12/14/2024 03:00 PM EST
btc Yeah, I think the market is still in correction mode until it hits 93,000, so we can expect this kind of movement.
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.
$BTC has hit its target.CRYPTOCAP:BTC Earlier I specified the box as the target. Later in my update I expected something deeper. around 97500 as target.
For now, this seems like the bottom for the upcoming bull run.
We may want to test again before we actually do a run.
For now I am satisfied and happy that we have finally completed the correction.
Later update on possible target for $Bitcoin.
Be kind to the world and each other!
Bitcoin ChartI just told a few of my family to get rid of some not all of their bitcoin to pick it up at a lower amount, there's Money to be made on both sides of the chart.
Navigating the Current Market Turbulence: A Crypto and Stock MarBitcoin is currently trading at approximately $102,200, reflecting a decrease of 2.36% over the last week. Despite a brief rally reaching highs of $108,367.38, the digital currency has faced selling pressure. The Relative Strength Index (RSI) remains above 65, indicating that BTC might still be overbought, while the Moving Average Convergence Divergence (MACD) suggests bearish momentum could persist.
Investors should be cautious as the market shows signs of volatility. For cryptocurrencies, monitoring RSI and MACD indicators can provide insights into potential buying opportunities.
