1 Year of Bitcoin Bull Run Remaining? In the chart above, we’re analyzing Bitcoin’s historical cycles to see if the current cycle follows a similar pattern.
Bear Run (1 Year): In each of the last three cycles, Bitcoin experienced a bear market lasting exactly 1 year from the all-time high (ATH). This phase saw a significant drop in price as the market corrected.
Bull Run from Bottom (1,064 Days): In the last two cycles, once the bottom was established, Bitcoin entered a consistent bull market that lasted approximately 1,064 days. During this period, the price gradually climbed, eventually reaching new highs.
Current Bitcoin Cycle:
So far, the current cycle appears to be following the same pattern as previous cycles. We’ve already experienced a 1-year bear market after reaching the previous all-time high (ATH).
Currently, we have completed 2 years of a bull run from the bottom, aligning with the 1,064-day bull run observed in past cycles. Based on this historical pattern, we may have 1 year of bull run remaining, which could potentially push Bitcoin to new highs by late 2025.
If this trend continues, it suggests a strong opportunity for growth over the next year, mirroring the end phase of past cycles.
BINANCE:BTCUSDT BITSTAMP:BTCUSD CRYPTOCAP:BTC
Regards
Hexa
1-BTC
#ALTCOINS Season is commingwe are in a strong resistance for #BTC_DOMINANCE so we have to expect reversal from here
& If this happened means.......
1. we are in #altcoins bottoms
2. #altcoins season is coming so soon
3.it is the right time to invest in #altcoins not #BTC
*********** This is my expectation for next weeks **********
******( MAY BE I AM COMLETELY WRONG, PLEASE DO YOUR OWN PLANS ) *******
CRYPTOCAP:BTC.D
CRYPTOCAP:BTC
CRYPTOCAP:ETH
#BTCUSDT
#bitcoin
#BTC
#BTCUSDT
#BTCUSD
#BTCETH
#ETH
#ETHUSDT
#ETHBTC
#ETHUSD
#trade
#trading
#longterminvestment
#Cryptotading
#cryptoinvesting
#investment
##trading
#cryptocurrencytrading
#bitcoininvestments
#Investing_Coins
#Investingcoins
#Crypto_investing
#Cryptoinvesting
Tick.. Tock.. $BTC #Bitcoin, instead of stressing over small corrections that occur in a short period of time, looking at it from a broader perspective often yields healthier results.
Zooming out to see long-term trends can help you see the general trend more clearly by ignoring daily fluctuations in the market.
In this way, you can stay calmer when making investment decisions and avoid panic sales. 🤝
BTC : Riding Asia Open Volume to the Golden Zone TargetOn the 8-hour chart, I’m targeting an entry to capture potential volume influx as the Asian markets open. I plan to take partial profits along the way, with a target to reach the $71,000 zone, which aligns with the golden Fibonacci retracement level.
Fundamental Context:
This setup is influenced by the buzz around the upcoming U.S. Presidential Election and speculation around Donald Trump’s potential reentry, possibly fueling a “buy the rumor, sell the news” effect. Given the high-impact events surrounding this period, I’m managing risk closely, aiming for strategic exits to maximize profitability within this volatile environment.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
BTC: ATH Imminent? U.S. Election Could Be the Catalyst!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
Welcome to this BTC Update!
BTC has broken out of the parallel channel on the daily time frame and is currently hovering near the retest area. The market has been unusually quiet lately—this feels like the calm before the storm, and I’m anticipating a major pump from here.
It seems the whole market is waiting on the outcome of the U.S. elections. After the election, I expect BTC to break its ATH, aiming for $90k-$100k by year-end.
Invalidation: Daily close below the $64.8k level.
What’s your take on BTC’s current price action? Are you spotting this bullish setup too? Share your analysis in the comments, and let’s ride this wave together!
BRIEFING Week #44: Ready For a Wild Ride ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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That's the best way to support me and help pushing this content to other users.
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Phil
Watching for market reactionMorning everybody,
So, recent sell-off on stock market and rally of the US yields have made pressure as on Gold as on BTC but thankfully it was short term.
Still, BTC has dropped to the level that we've discussed last time - 67.5-68K. Why is it so special? First is, it stands around the all-time trend line resistance that recently has been broken up. Second is - the K-support level, which makes it rather strong and a great indicator of market's power.
From bullish point of view, we do not want BTC to drop back below it, breaking 65K lows down. At the same time, with elections hysteria environment we suggest to not take any position without confirming patterns. So, our trading plan is to wait for market response to this level. Once we get more or less clear patterns, we could act...
This volatility period is until November 5th
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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When a new candle is created on the 1W chart, I will explain it in an update.
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(BTCUSDT 1M chart)
If the BTC price touches around 89K, it is expected that it will never be below 42K again.
-
As the new month begins, the StochRSI indicator is showing an upward turn.
However, since the StochRSI EMA is located around the 50 point, we can see that volatility still remains.
The point to watch is whether the price is maintained above the StErr Line and rises above 71280.01 to challenge the ATH.
The black line without any numbers indicates the upper or lower point of the box section of the HA-HIgh or HA-Low indicator.
The upper or lower point of the box section of the HA-Low and HA-High indicators on the 1M and 1W charts can be used as support and resistance points when trading.
-
(1D chart)
While falling below 68393.48, it is touching the entire MS-Signal indicator and showing an upward trend.
Accordingly, it is thought that the possibility of support in the 68393.48-70148.34 section has increased.
Therefore, if support is confirmed in the 68393.48-70148.34 section, it is a time to buy.
As I mentioned in the previous idea, the pull back pattern is a pattern that can be recognized when it is completed.
Therefore, it is quite difficult to buy at the bottom of the pull back pattern.
That is why, when the decline begins after the rise, you have no choice but to check the importance of the support and resistance points drawn on the 1M, 1W, and 1D charts and think about countermeasures for them before preemptively trading.
Therefore, since the probability of failure is quite high, you must think about a loss cut or selling method before trading.
If you buy in the 68393.48-70148.34 section and it rises above 70148.34,
1st: 71280.01-72344.74
2nd: 73620.12
You must check for support near the 1st and 2nd above and respond.
-
This volatility period is expected to start around November 4th and end around November 16th.
Accordingly, we need to keep an eye on the movements around November 4th (November 3rd-5th), November 10th (November 9th-11th), and November 16th (November 15th-17th).
In order to rise along the linear regression channel, the price needs to rise above 70148.34 to maintain its position, so whether it can find support and rise in the 68393.48-70148.34 range is key.
----------------------------------------------------
We choose the time frame chart to trade according to our investment style and trade according to the movement of that chart.
Accordingly, we will look at the time frame chart to trade most of the time.
Also, since most trading charts are likely to be below 1D charts, there is a high possibility that you will trade without understanding the overall flow.
Therefore, before starting a trade, you must check and understand the flow of the 1D chart and then trade.
Otherwise, you may trade incorrectly due to fakes or sweeps when trading on time frame charts below 1D charts.
-
Add the StochRSI indicator to the 1D chart.
Set the StochRSI indicator as shown in the picture above.
Then, you can check the movement similar to the StochRSI indicator that I use.
(The best way is to share my chart and paste the indicator into your chart.)
Then, if the StochRSI indicator is rising based on the 50 point,
- you should focus on finding the time to sell,
- if it is falling, you should focus on finding the time to buy.
Depending on the location of the StochRSI indicator, volatility may occur.
1. When falling in the overbought zone
2. When located in the 50 point zone
3. When rising in the oversold zone
When the above three movements occur, the price may show volatility.
If this volatility occurs at a time, you should check the movement of the 1D chart to avoid being caught in a fake or a sweep.
-
The trend-based Fibonacci extension shown on the left was drawn at the point where this rise began.
Therefore, you can use it only as a reference for chart analysis.
-
It doesn't matter which time frame chart you start trading on.
However, you can create a trading strategy that matches the investment period, investment size, trading method, and profit realization method according to the time frame chart and respond accordingly.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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BTC IN UP MOVEMENT + TRADE PLANTrend Identification:
Descending Channel: Bitcoin is currently in a descending parallel channel after an uptrend, indicating a potential bullish continuation if it breaks out of this channel.
Previous Uptrend: The price came from an uptrend, and descending channels often serve as continuation patterns, suggesting a higher probability of an upward breakout.
Key Support and Resistance Levels:
Support Levels:
$68,556.87: Major support near the recent low in the channel.
$66,333.98: Secondary support zone that could act as a cushion in case of a downside move.
$64,591.15: Historical support level providing a safety net if the price dips further.
Resistance Levels:
$72,198.87: Immediate resistance that BTC needs to overcome for a continued uptrend.
$73,655.67: Key resistance area that, if broken, could trigger a strong bullish move.
Indicators Analysis:
RSI (Relative Strength Index): The RSI is close to the midpoint, indicating a neutral zone. However, an upward movement in RSI could signal increasing bullish momentum.
Stochastic RSI: Currently near the overbought zone. It indicates potential upward pressure, but caution is needed as it may signal short-term exhaustion.
Volume: Noticeable increase in volume around the support levels, indicating buying interest. Volume confirmation on breakout above the resistance line would strengthen the bullish case.
Moving Averages:
HMA (Hull Moving Average): Showing a slight upward trend, aligning with the potential breakout from the descending channel.
Trading Plan
Entry Strategy:
Aggressive Entry: Enter a long position upon the breakout of the descending channel, ideally with a confirmed volume increase above $72,198.87. This would signal a possible continuation of the previous uptrend.
Conservative Entry: Wait for a confirmed breakout and retest of the $72,198.87 level. If the price holds above this level after retesting, it indicates stronger bullish confirmation.
Stop Loss:
Place a stop loss slightly below $68,556.87 to limit downside risk. This area aligns with recent support, and a drop below it may indicate invalidation of the breakout pattern.
Take Profit Levels:
Primary Target: $73,655.67 (first resistance level). Partial profits can be taken here to lock in gains.
Secondary Target: $76,000, if Bitcoin gains strong momentum after breaking through the primary target. This level could be achieved in a continued bullish scenario.
Final Target: $80,000 as a psychological target, if there is sustained bullish momentum and no major resistance above.
Risk Management:
Position Size: Limit the position size to manage risk exposure, especially with the potential volatility in cryptocurrency markets.
Trailing Stop: Consider using a trailing stop after reaching the first target to lock in profits while allowing for potential upside.
Monitoring Indicators:
Volume: Continuously monitor the volume as the price approaches resistance zones. Higher-than-average volume would support the breakout, whereas weak volume could lead to a false breakout.
RSI and Stochastic: Keep an eye on these momentum indicators. If the RSI and Stochastic enter overbought territory and start to diverge, it could signal a potential reversal.
Timeframe:
This setup appears on a 4-hour chart, suggesting a medium-term trading perspective. Reassess positions if the breakout fails to materialize within the next few days.
Bitcoin: Small Dip to $49k Or Crypto Winter down to $15k?There are two potential options for Bitcoin price.
1) Price will complete ABC correction as we have A-B in place already.
The wave C could retest the valley of wave A at GETTEX:49K
2) Large red second leg down could complete a bigger correction.
It could retest the bottom of leg 1 around $15k.
Only below GETTEX:49K we can see what structure is unfolding.
What are your thoughts why such a huge collapse is possible?
Media says miners start switching to AI investments to drop cryptos.
Please share your thoughts down below
Bitcoin Bull Flag Breakout Incoming – $100k Target!!Bitcoin is forming a bull flag pattern on the daily chart, hinting at a potential breakout that could propel the price towards $100,000. Currently trading at $65,859, Bitcoin is testing the upper boundary of the flag, with multiple rejections seen in previous attempts to break out. This consolidation within a descending channel, following a strong upward trend, suggests a bullish continuation if the breakout is confirmed.
If Bitcoin successfully breaches the flag’s resistance, the measured move from the prior leg indicates a target of $100k. Bull flags are known for signaling a continuation of the prevailing trend, and with Bitcoin’s bullish momentum intact, a breakout could lead to a significant surge. Traders should watch for a clean break above the upper trendline as a confirmation of this setup.
Bitcoin Faces Critical Week Amid US Presidential ElectionBitcoin ( CRYPTOCAP:BTC ) is at a pivotal moment, with the cryptocurrency market bracing for heightened volatility as the United States approaches a historic election. The impact of this key event, combined with a possible Federal Open Market Committee (FOMC) interest rate cut, is set to make waves across digital asset markets. At the time of writing, CRYPTOCAP:BTC is trading at $68,749.84, up 0.62% over the last 24 hours, with a daily trading volume of $35 billion and a market cap surpassing $1.35 trillion.
Elevated Volatility Expected
Traders are bracing for sharp moves in CRYPTOCAP:BTC , as indicated by a 30-day gauge of implied volatility developed by CF Benchmarks. Caroline Mauron, co-founder of Orbit Markets, highlighted a potential swing of 8%, starkly contrasting the usual 2% fluctuation level. This suggests traders are preparing for significant market action, and expectations of volatility are reflected in the crypto options market.
Political Uncertainty Looms Large
The 2024 US presidential election adds another layer of unpredictability. Both frontrunners, Donald Trump and Kamala Harris, have expressed distinct stances on cryptocurrency and blockchain technology, setting the stage for shifts in market sentiment. Trump has boldly positioned himself as the "Crypto President," promising to elevate Bitcoin as a strategic reserve for the United States. His strong pro-Bitcoin rhetoric, coupled with a pledge to fire SEC Chair Gary Gensler—widely seen by the crypto community as an adversary—has fueled optimism among investors.
Meanwhile, Kamala Harris's emphasis on tech innovation has kept speculation alive about how her policies might influence the crypto market. The political landscape’s close ties to the crypto industry could be pivotal, especially with the backdrop of regulatory debates involving the SEC and CFTC.
Historical Trends and Market Sentiment
Historically, Bitcoin’s performance has been closely linked to major political and economic events. Notably, the cryptocurrency has often rallied following US presidential elections, mirroring trends seen in traditional markets like the S&P 500. The Kobeissi Letter's analysis of past elections reveals that 83% of election years have yielded positive returns leading up to Election Day. However, these gains moderated post-election, emphasizing the importance of timing in market strategy.
Technical Outlook: Mixed Signals
From a technical perspective, Bitcoin’s charts reveal mixed but potentially bullish signals. Two critical patterns are forming on the daily chart:
1. Doji Candlestick Pattern: The emergence of a Doji pattern, which indicates indecision among traders, often precedes significant market moves or trend reversals. This formation suggests that market participants are awaiting key news, such as the election results and the FOMC decision, before committing to a direction.
2. Golden Cross Formation: The market is closely monitoring a potential Golden Cross, a bullish indicator that occurs when the 50-day moving average crosses above the 200-day moving average. While this pattern has yet to fully materialize, it is gradually building momentum, signaling possible upside in the coming weeks.
Bitcoin’s Dominance and Macro Environment
Bitcoin’s dominance remains robust at 59.2%, a testament to its evolution from a peer-to-peer (P2P) technology to a global financial asset. Amid ongoing concerns about inflation and economic uncertainty, CRYPTOCAP:BTC continues to be seen as a hedge against traditional financial risks. The potential for a 25-basis-point rate cut by the Federal Reserve this week could further boost bullish sentiment for Bitcoin, making it an attractive asset for risk-on investors.
Long-Term Optimism Despite Short-Term Concerns
Despite near-term worries about a potential market dip or crash on election day, long-term optimism prevails. Analysts are betting on a strong rebound, with Bitcoin potentially setting a new all-time high if bullish catalysts align. The overall crypto market remains in a consolidation phase, but any positive momentum in Bitcoin could see a cascade effect on top altcoins, setting the stage for a robust market recovery.
BTC weekly data is shifting. MASSIVE UPSIDE is waiting now! BUY!BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k.
Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond.
From our weekly chart diagram above, you can observe that the black bear cells has faded and the white dot (longs) has literally escaped the shorts prison cell (black cell). This signal has never missed since the 15k BTC season. The batting average of this one playing out again is very very high.
This week is the best time to SEED. Get them all planted now. BTC is already up by 10% after that quick bounce from the strong major order support at 57k area. Signs of what's coming next after this week.
Spotted at 60k area.
TAYOR.
BTCUSD 1hour bullish breakout and MA50 rebound target 72000.Bitcoin / BTCUSD made a bullish breakout over the Falling Resistance on the 1hour time frame.
The break out's pull back tested the 1hour MA50 and is rebounding.
This is a bullish signal that is technically targeting the 2.0 Fibonacci extension at 72000.
Follow us, like the idea and leave a comment below!!
Bitcoin is volatile#bitcoin #btc is trying to break the falling channel just before the elections results. CRYPTOCAP:BTC price has tested 4H ichimoku span resistance zone and for now just declined there. Further declinations will weaken the structure. Very volatile few days we' ll see. Avoid high leverage positions and take care for your funds. Just a friendly reminder.
Bitcoin Cycle Repeat? 1 Year Bull Run Above ATH Ahead!In the chart above, we’re comparing Bitcoin’s current cycle with its previous cycle.
Bear Run (1 Year): The previous cycle started with a significant bear market that lasted exactly 1 year, characterized by a sharp drop in price from the peak.
Recovery Phase (2 Years): Following the bear run, Bitcoin spent 2 years in a recovery and consolidation phase, gradually building a support base and regaining momentum.
Bull Run Above ATH (1 Year): After consolidation, Bitcoin entered a 1-year bull run that pushed it above the previous all-time high (ATH), setting new records.
Current Bitcoin Cycle: The current cycle appears to be mirroring the previous one closely:
We’ve had a 1-year bear run, which aligns with the pattern seen in the previous cycle.
This was followed by 2 years of recovery, with the price consolidating and gradually strengthening.
If the pattern continues, we could be entering 1 year of a bull run above the previous ATH, starting now or very soon.
Based on this repeating cycle pattern, the current setup suggests that we might have 1 year of a strong bull market ahead, potentially pushing Bitcoin above its previous all-time high by late 2025.
Regards
Hexa