BTC Adjusting December 12, 2024BTC in the medium term may have a correction phase in the next 1-2 weeks to complete the 4th wave if the previous wave is an extended wave, in case it ends then the abc model will run.
BULLUSD trade ideas
#BTC Potential Long Setup
looking at the Volume increasing now and the Breakout of the Value Area High with Confluences also from the WVAP i personally could now imagen that this Drop what we had was the last Drop for now to catch everything deeper.
i will take a Risk and it is my Personal thought that we will see those Targets on BTC:
📈 Entry CMP : 101164
🛑 SL: 97993
🎯 Target 1: 105710.5
🎯 Target 2: 112919.0
🎯 Target 3: 124707.0
🎯 Target 4: 136410.0
🎯 More TP: 140k - 150k
also do your own Reseach this is my own idea.
Cheers to all and happy Trading.
Buying BtcOrder block to order block set up,good volumes to confirm. Dont normally trade btc,so hoping to validate strategy.Limit orders set
update on btc this pattern is still in play,be prepared for a correction only if this pattern plays out. this will happen by tomorrow if it truly is an abc correction.
btc updatei am expecting a c wave down in the next few days look for a good entry if this plays out but looking good.
My expectations for BTCI think everything is clear in the picture;
Two equal movement sizes and its intersection with the trend line is the next price target before a deep correction (probably!)
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
When Bitcoin Decides Gravity is Just a Suggestion!1. Chart Context
The chart shows a technical analysis of Bitcoin using dynamic levels (possibly based on moving averages or adaptive bands).
Key elements include:
Signals for long (buy) and short (sell) entries.
Differentiated zones or key levels marked with colors (possibly Fibonacci levels or volatility bands).
2. Price Action Analysis
Observed Signals:
A Short (-1) near the upper resistance level.
A Long (+2) around a support zone.
Exit signals marked as "Close entry(s)" suggest trend reversals or profit-taking.
Recent Trend:
The price has made a significant bullish move (uptrend) toward the right side of the chart.
Large green candles indicate strong buying momentum, likely driven by a fundamental or technical catalyst.
Key Zones:
The upper bands (blue lines) act as dynamic resistance.
The lower bands (purple and red lines) serve as support levels during bearish movements.
3. Strategy Interpretation
The strategy seems to focus on capturing trend breakouts and reversing positions based on:
Short Entries: When the price reaches the upper resistance zone.
Long Entries: When the price touches lower support levels or breaks through previous resistance levels.
Position Exits: Triggered when the price crosses internal levels (possibly Fibonacci levels or similar).
4. Current Perspective
Based on the large bullish candle on the right:
Uptrend: The price has broken a key resistance level, suggesting potential for further upside, provided there is strong volume and follow-through.
Next Resistance: If the price continues higher, it could encounter resistance near the next upper band (blue line).
Downside Risk: If the price retraces back to the lower band, it may signal a correction.
Conclusion
The chart indicates Bitcoin is in a bullish phase, but it may face resistance at upper levels. The strategy signals should be validated with volume and broader market context to ensure accurate entries and exits.
A very nice Divergence here for Bullish moveA very nice Divergence here for Bullish move
using RSI lows and the trend lows, you can determine there is a divergence for the price to go opposite :)
Follow the yellow brick roadThe last line I published went well so here's another. We're likely going to see 89k before we see an all time high - sorry.
$BTC - Halving driven, or QE driven? I have been spending a lot of time looking at the impacts of QE with bitcoin lately, and today I decided to layer in the halving as well. I'm more bullish now than I was prior!
I think we are looking at a rally that looks much more like 2017 than 2021. Who knows, could be hopium-- WDYT?
Bitcoin Bullish 2024-2035 UPDATE. Mass Adoption ComingGood day to you all. My previously published idea Works Well. So there i an Update of That for ne Decade again.
A i posted in Previous Long-Term TA. We had a little time to accumulate more #Bitcoin before it break previous ATH at $65000. (Check Previously posted Scenario).
Our next Main targets still absolutely same at $335000 by ~2025y
Few stops at $125000 and $240-270000 have a chance to be... No matter stops
After that Bitcoin will go it's last time correction until $100000-125000. And again all of you will think it's dead and that all. But Governments will buy it all from you, moreover they'll buy from whales. Everyone will buy it before mass adoption will start... GLOBAL adoption. It will have a place near 2026-2028 years. So there will be you time to buy the dip. It will be shorter1-2 years to buy that dip.
Our next big Target after that at $1000000 and $1.8 Millions.
Timeframe 2028-2035yy. (l'Il update this TA again at some point). This is the Target where 95% of you thinks it will be a Big resistance, and, i think, everyone will leave the game at that Target, and their game will be over forever, it will be your Big mistake. At 1M price we'll see full adoption in our Earth life of #Bitcoin. They'll start to accept crypto everywhere. So there are zero reason to sell at $1000000, bcoz there are no more corrections like we saw in previuos waves and Seasons.
After That #Bitcoin will rise slowly going to $10000000. Do you own Research. But we now at stage where its a gold time to buy the dip at even $100000 price today.
Bitcoin's Critical Juncture: A $100K Test or a Bearish Turn?
Bitcoin, the world's largest cryptocurrency, has recently reached a critical juncture. Its price action has formed a key support level that bulls must defend to maintain the upward momentum and potentially pave the way for a new $100,000 price push.
A Pivotal Support Level
After a period of consolidation and recent price volatility, Bitcoin has found support at a significant level. This level acts as a crucial line in the sand for the cryptocurrency. If bulls can successfully defend this support, it could signal renewed bullish sentiment and potentially trigger a fresh rally towards the coveted $100,000 price target.
Bullish Resilience
Despite facing headwinds from broader market volatility and regulatory uncertainty, Bitcoin bulls have shown remarkable resilience. The recent bounce from the key support level underscores this bullish sentiment. It demonstrates the underlying strength of the market and the unwavering belief of many investors in Bitcoin's long-term potential.
A Glimpse into the Future: A Golden Warning
However, a closer look at Bitcoin's performance relative to gold raises some concerns. By analyzing historical price patterns, a potential bearish fractal has emerged. This fractal, when compared to previous market cycles, suggests that Bitcoin may be due for a significant correction, potentially as much as 35%.
This bearish signal stems from the fact that Bitcoin's price against gold has reached resistance levels that historically coincided with the start of bear markets in 2018-2019 and 2021-2022. While this fractal analysis provides a valuable perspective, it's essential to remember that market conditions can change rapidly, and past performance is not indicative of future results.
The Road Ahead
The coming weeks and months will be pivotal for Bitcoin's price trajectory. If bulls can successfully defend the key support level and maintain the upward momentum, a new $100,000 price push could be on the horizon. However, if the bearish fractal plays out, a significant correction may be inevitable.
It's crucial to approach Bitcoin investing with a long-term perspective and a risk management strategy. The cryptocurrency market is inherently volatile, and price fluctuations are to be expected. By staying informed, conducting thorough research, and diversifying investments, investors can navigate the complexities of the market and position themselves for potential rewards.
Key Takeaways:
• Bitcoin has reached a critical support level that bulls must defend.
• A successful defense could trigger a new $100,000 price push.
• A bearish fractal suggests a potential 35% correction.
• The cryptocurrency market is highly volatile, and price predictions are uncertain.
Additional Considerations:
• Macroeconomic Factors: Global economic conditions, interest rate policies, and geopolitical events can significantly impact Bitcoin's price.
• Regulatory Environment: Regulatory positive and negative developments can influence investor sentiment and market dynamics.
• Technological Advancements: Ongoing technological advancements in the blockchain space can drive innovation and adoption, positively impacting Bitcoin's long-term prospects.
By carefully considering these factors and maintaining a balanced approach, investors can navigate the complexities of the cryptocurrency market and position themselves for potential rewards.
BTC flip $101k resistance into support with MSTR smash buysMSTR will keep BTC buoyed above $90k until smash buying BTC with the recent inclusion into NASDAQ 100. This will flip $101k into support.
No alt season for many months still.
This chart is for AndreaTrade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market.
Traders generally negotiate through a medium of credit or exchange, such as money. Though some economists characterize barter (i.e. trading things without the use of money ) as an early form of trade, money was invented before written history began. Consequently, any story of how money first developed is mostly based on conjecture and logical inference. Letters of credit, paper money, and non-physical money have greatly simplified and promoted trade as buying can be separated from selling, or earning. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade.
In one modern view, trade exists due to specialization and the division of labor, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trade for other products and needs. Trade exists between regions because different regions may have a comparative advantage (perceived or real) in the production of some trade-able goods – including the production of scarce or limited natural resources elsewhere. For example, different regions' sizes may encourage mass production. In such circumstances, trading at market price between locations can benefit both locations. Different types of traders may specialize in trading different kinds of goods; for example, the spice trade and grain trade have both historically been important in the development of a global, international economy.
BITCOIN TARGET NOW 113k plus or minus 500 We seem to have ended of what is a 4th wave triangle I would now look for 113 era but it should be rather fast and form a Strong TOP to which a much bigger decline !!!
