dynamic support buying areaas we can see the overall trend is an uptrend, with buyers in control. The market has reached our support where it might buy, to enter this trade it's best to wait for a breakout above the dynamic support(blue lines) then enter using H1(bullish candlestick confirmation)Longby StarleXtheTrader0
Chart Pattern Analysis Of Bitcoin. K1 and K2 is a bearish harami pattern, But unfortunately, K3 close upon K2 immediately. Perhaps it is a valid break up, after all it is a bull market. And K4 will keep climbing up to test 115-128K area. On the other hand, It is also possible that a large scale consolidation started from K1 earlier, And K3 is just a fake up candle. If that is a fact, K4 will likely fall to test 90-95K area. It will be a good place to buy then.Longby nothingchangehereUpdated 0
BTC-CME-1Hbitcoin can move down to touch the demand zone and fill the gap...Shortby kmb_traderUpdated 330
BTC CME Regression Trend Re-visiting an old chart, I put in a regression trend channel on March 11 2024, before the halving. BTC has just come back to the bottom part of that channel. Should retest bottom, then middle, another test, then test the top , in theory. nothing about the next 6 months is known. watch the liquidity cycle. Gonna get crazy, be safe, hardware wallets everyone! Where from here? my thoughts are $225K, but..., ladder out at fibs, the 61.8's Longby Chefrusty1
Bitcoin’s Shooting Star: RSI Divergence Sparks CautionWe’re seeing a potential shooting star pattern forming on Bitcoin’s daily chart, combined with RSI divergence. Despite BTC hitting a new high, the RSI hasn’t confirmed it, hinting at fading upside momentum. While these signals are concerning, I’m waiting on further confirmation. Ideally, a bearish candle should follow the shooting star—something we don’t have yet. A break and close below the 20-day moving average near 93,823 should be enough to trigger a deeper correction. Until that happens, extreme caution is advised. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site. by The_STA6
The Top is In. Bitcoin, while revolutionary in its inception, faces significant hurdles that challenge its viability as a practical medium of exchange. The cornerstone of this argument lies in the inherent limitations of its transaction processing speed. The Bitcoin network's distributed ledger requires approximately 10 minutes to compute and record each transaction, rendering it impractical for everyday commerce. This prolonged confirmation time poses a substantial obstacle to Bitcoin's adoption in real-world transactions. In an era where instant gratification is the norm, waiting 10 minutes or more for a simple purchase is not only inconvenient but also commercially unviable. This fundamental flaw undermines Bitcoin's utility as a currency for daily transactions. Furthermore, if Bitcoin cannot function effectively as a means of exchange, one must question its true value proposition. The current fervor surrounding Bitcoin may be likened to a speculative mania, divorced from practical utility. Historical patterns suggest that such manias often follow Fibonacci ratios in their price movements. We may be witnessing the culmination of a third wave increase, potentially followed by a significant correction. This correction could see Bitcoin's value plummet to $50,000 or even lower. While it's premature to predict Bitcoin's demise, its current trajectory raises serious concerns about its long-term sustainability as both a currency and an investment vehicle. In conclusion, the 10-minute transaction confirmation time is not merely an inconvenience; it's a critical flaw that undermines Bitcoin's fundamental purpose. This limitation, coupled with the speculative nature of its current valuation, casts a shadow over Bitcoin's future prospects in the world of finance and commerce. Again this is my opinion and my perspective, you should do your own due diligence and think on your own two feet about this. I did predict Bitcoin at $100 by the way....... Shortby imcnf5c4ff667
You don't have to believe in BitcoinBut all signs point to it reaching $100k. Saylor still has money to print. He will buy the dip. Sellers will be exhausted.Longby RidgeHavenCapital0
BEARS are salivtingEveryone should be well into profit taking. It would only make sense that all the new people and attention is prime to be used as exit liquidity. I been in the game since 2017 and i got that feeling again the rug is about to get pulled. Dont get stuck sitting in a bear market for years when you should be taking profits to begin with. Discipline and survive. Dont get greedy or youll be rektShortby MikeySeko1
Possible Buying areasgood day traders, I've decided to share my First analysis on futures and these are the possible buying areas I see, between the dynamic trendline or the major low. It's best to wait for a bullish confirmation between these two areas before entering to increase your probability of winning, don't forget proper risk management Longby StarleXtheTrader223
CME Bitcoin futures chart look bearishCME #btc #bitcoin futures price has made bearish double top and distribution seems has just started. Bearish continuation may be expected, beware.Shortby naphyse0
Down we go BTCDive dive dive #bitcoin Mind the gap, miiiinnnnd the gap #btc #cryptoShortby Oxfordblueuk0
Bitcoin tends to falter the day after ThanksgivingThe 124k target remains in play overall, but for now I suspect the shakeout from its 100k milestone has more to offer bears. And while bitcoin prices are showing a nice breakout from a flag pattern on the 1-hour chart, bulls should take note that today (the day after Thanksgiving) tends to be a bearish day on average. And that could make any moves towards 100k tempting for bears to fade into over the near term. MSShort03:26by CityIndex2
o ne waythis how we re. A few hours before or a few hours after. What difference does it make?Longby cihatk0
Bear market first two quarters of 2025 expecting BTC to be bearish just a pull back to the monthly order block then skyrocket again looking at price range from 65k-70kShortby Damontracy0
Strong Buy on Micro BTC 15 min timeframe (Futures)Above the 50 and 300 EMA Entered on a pullback from my indicator Targeting 200 ticks ~One to two Risk : Reward ratio Longby Littlemiss300aday112
Will the CME gap get filled? BTC is looking for a liquidity void, and the CME gap looks perfect for it, but will it get filled? i'm still bullish long termLongby Heswaikcrypt0
BTC CME Chart - Mind the Gap!Currently there exists a gap of around 3000 USD between roughly 80.000 USD and 77.000 USD. This gap is around 20-22 % from the last top and also marks a zone between two fibonacci lines (0.283 from the last lowest low and the 0.382 line from the low before that). My educated guess is that we get a relatively 'normal' traceback to that zone. To fill the gap and to build up momentum for another rise in the bitcoin price. Note that pullbacks of 20 percent are quite normal, although the range in Dollars can get larger and larger as we go higher and higher. Please like if you share my opinion. Longby DutchCryptoDad4
Btc1!/UsdtCME:BTC1! Simple to understand market going to fill this gap soon i am not moving my Spot position when market give a opportunity then i am going to buy some spot bags... Disclaimer : Not Financial Advice Shortby Wolftrader13371
BTC Huge Gap!!! We going back to 75k?Hey guys! Congrats all with BTC ATH and recent profits, I was not commenting the situation, because it was pretty clear, and we all know what was happening. But also, as we know, even in the bull cycle have to be corrections and consolidations. So here at the futures chart, we can see a huge gap around the healthy correction possible zone (max to 30%). Also, we have RSI oversold for sure and descending volumes. Plus, in December there were no promises about decreasing US Interest rate, so possibly December can end up in this correction phase. What's your thoughts about when and how much we could go? Let's chat in the comments =)Shortby SheTradesHub0
BTC1! WEEK OF 11/18/24BTC1! WEEK OF 11/18/24 To maintain simplicity, once the price moves beyond the WHITE range, monitor for a potential retest of the breached level. Be prepared to initiate long or short positions targeting the YELLOW ranges.While prices may surpass the YELLOW range targets, these levels provide a robust framework for securing profits. 🎯🫡 *These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.* by J3Trad3sUpdated 1
$BTC1! Fib Simulation of Fractal (UPD)Perceiving the price action as a function of trading time justifies the quantitative approach in drawing geometric relationship between phases of cycles. Hence, it's safe for me to assume that market is a time fractal which has its own path regardless the collective opinions of the market participants. Logistic curve that reflects well the speed of information spreading made me ignore the voices of masses. The principle aligns with EMH - that the condition of the market is already reflected in the current price. Impulsive and corrective waves are governed by golden rule in one way or the other. That's why I used fibonacci channels to build predictive models which reflect the interconnectedness of composite fractals to the whole cycle. By measuring the extreme levels of historic wave, the derived fibonacci channels exposed the timing, size and probability levels of the next ones. In regular TA, people are wrongfully focused on covering their immediate expectations from the market, analyzing a narrow data range of the chart. Whereas, Fractal Analysis graphically shows how current price is interconnected with the entire history of fluctuations in a single probabilistic map. In this update I fused earlier discovered structures and boundaries to the chart Added more series of fib ratios derived from white triangle (src 0;1) Linear boundaries of macro-fractal: Implementation of fibs with big time Intervals: As violet Fibs: Other observations: We're in a big triangle derived by linear extension 2021 tops and Full cycle (COVID - 2022 LOWS) Source: Implementation: (On interactive chart it darkens till intersection)by fractUpdated 1170
Bitcoin’s CME futures gap gives a clue for the 1st big correctonAnytime you see a gap in price action like this they almost always get filled, and typically get filled sooner than later. So while there is a chance bitcoin could turn the current mild retracement into a deeper pullback that goes down to fill this gap, until the current support on btc is broken, which is the top trendline of the rising wedge it now currently has 3 consecutive daily candles above(not shown here), I think it’s more probable that bitcoin waits for a much more powerful resistance line that results in a much stronger rejection before it corrects back down far enough to fill this gap. If the current pullback doesn’t lead to the gap fill then my guess is once we retest the top green trendline of this group of channels: That this would be the perfect time to have our first significant correction of the current parabolic phase of the bull market. I will be prepared for either zone to have a chance to fill that gap and plan accordingly, Also a few measured move targets around the 115 - 116k range so a pullback could potentially occur around that zone as well. *not financial advice* by DrDovetail2
We may still have small bullish before correctionBitcoin has been in a big uptrend since Trump was elected president. By the time Bitcoin went up it left a CME gap. These gaps work for the liquidity of the market and are like magnets. People have noticed it and are waiting for the closing of the gap. Same thing happened in 2023 Nov-Dec. After the gap bitcoin went up like now, but people start to predict the closing gap and went for short. At the sametime the Whales are waiting people to change their mind that we are continuing to go up after all. After 10% up from new highest high, whales close the gap. 2023 December Bitcoin made a new highest high in a round 44,880$, 10% up to 49,500$. After a 20% dip to close the gap at 39,000$. 2024 November Bitcoin made new highest high in a round 94,085$ and is heading at 10% up to 103,600$. If history repeats itself, we should have a round 20% dip to closing the gap. Although the situation is similar there is still a big difference, because we are talking about the 100,000$ limit which is really a psychological number. Source: own made research and analytics from Tradingview and CoinMarketCap by Leskinennn1