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1-BTC

Could the Bitcoin drop from here?The price is rising towards the pivot which has been identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement and could drop to the 1st support which is a pullback support. Pivot: 95,881.12 1st Support: 91.430.48 1st Resistance: 99.592.22 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:BTCUSDShort
by ICmarkets
Need to check support near 92600.19 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) Since the next volatility period is around December 3, the point to watch is whether the price can be maintained near the box range of the HA-High indicator (92600.19-98871.80) until then. - The HA-High indicator was created at the 96372.40 point, forming a box range (92600.19-98871.80). This box section is not currently formed by a wave but by a single candle, so there is a possibility that it will expand the box section while moving sideways around this section. Therefore, we need to check whether there is support near the bottom of the box, 92600.19. If we see resistance, the key is whether we can touch the MS-Signal (M-Signal on the 1D chart) indicator and rise. If not, and it falls below the MS-Signal indicator, that is, if it falls below 87.8K, there is a possibility that it will fall to around 79.9K-80.9K, so we need to think about a response plan for this. - Since the StochRSI indicator is showing signs of entering the oversold section, we need to check the position when it rises in the oversold section and switches to a state where StochRSI > StochRSI EMA. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 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 -----------------
by readCrypto
MSTR is Back To Dotcom Boom Levels...Finally. But At What Cost?Self-explanatory chart. I called a major top for Bitcoin and Microstrategy back in 2022, detailing the possibility of much lower prices for both. This ended up being correct, but only in the short term. Since then, both BTC and Microstrategy have surprised me to the upside. It's incredible that only now has MSTR reached a valuation it has not seen since the year 2000. Look at that volume! Mania levels. Microstrategy now owns 386,700 Bitcoin, almost 2% of the entire 21 Million maximum supply. This is triple the supply ownership from 2022, when it was just over 100,000. That's triple the risk. What could go wrong? It's impossible to know when this could all go up in flames, but I'm certainly ready to watch when it happens. These kinds of price moves and buying behavior are not sustainable. It is also starting to rub more and more Bitcoiners the wrong way - "this is not how it was meant to be!" Meanwhile, Saylor continues to enrichen himself and shareholders. Not to mention, there is now at least one leveraged MSTR ETF. Again, what could go wrong? Some people have made a killing on this though. Congrats to them. Now it's time to take at least some profit. On the above chart, a breakdown from that orange trendline should indicate a top. Let's see how it all unfolds. If price manages to hold up here, perhaps there will be at least one more leg up. As always, this is meant for speculative purposes only. As shown throughout my work on this site, it's really easy to be wrong. I just find the guesswork part of the fun. Thanks for reading! -Victor Cobra
NASDAQ:MSTRShort
by VictorCobra
BTCUSD is heading to Critical OB at 87,800$MMSM identified and we're almost certain BTCUSD [ BITSTAMP:BTCUSD ] will hit 87,800$ this week. If we respect the first OB we should pass 100K. If we fail to displace (fast move) after reaching the OB, we could see it go lower to the next OB. Respecting the OB: Means we displace after reaching the OB. If we are bullish We don't want, No Chart Timeframe (in this case 90m) candles closing below the OB's lower level (yellow thin line). If we are bearish We don't want, No Chart Timeframe (in this case 90m) candles closing above the swing high that formed after reaching the OB. Here is more info about CISD: When an order block is invalidated, it signals a Change in the State of Delivery. For example: -In an uptrend, a bullish order block acts as support. If price breaks below it, the uptrend may be over, signaling a potential downtrend. -In a downtrend, a bearish order block acts as resistance. If price breaks above it, the downtrend may be ending, signaling a potential uptrend. Smart money tip: Liquidity Hunt, CISD often occur after liquidity sweeps . Watch for stop hunts (price wicks above/below recent highs or lows) before the shift. _____ tags: COINBASE:BTCUSD INDEX:BTCUSD CRYPTO:BTCUSD CME:BTC1!
BITSTAMP:BTCUSDShort
by TradeConfirmed
1
BTC did not break the $100,000 barrier!Hello everyone, I invite you to review the chart of BTC in pair to USDT taking into account the terval of one day. As we can see, the price was moving in the downward trend channel marked in blue, from which we got a dynamic upward exit, and the increase itself was similar to the height of the channel from which it emerged. However, here we can see that the historical moment of breaking through $100,000 turned out to be too great a psychological barrier at which we could observe the beginning of the recovery movement. using the Fin Retracement tool, we can determine the levels to which the price can probably return and here, first of all, the support level at the price of $89,500 is visible, then the level of $83,800 is visible, but if the price goes lower, we can see a drop to a strong support zone from the level $74,400 to $68,000, which would result in a decline of approximately 27%. It is worth emphasizing that such corrections of 20-30% happen during a bull market.
by cryptodailyuk
BTC did not break the $100,000 barrier!Hello everyone, I invite you to review the chart of BTC in pair to USDT taking into account the terval of one day. As we can see, the price was moving in the downward trend channel marked in blue, from which we got a dynamic upward exit, and the increase itself was similar to the height of the channel from which it emerged. However, here we can see that the historical moment of breaking through $100,000 turned out to be too great a psychological barrier at which we could observe the beginning of the recovery movement. using the Fin Retracement tool, we can determine the levels to which the price can probably return and here, first of all, the support level at the price of $89,500 is visible, then the level of $83,800 is visible, but if the price goes lower, we can see a drop to a strong support zone from the level $74,400 to $68,000, which would result in a decline of approximately 27%. It is worth emphasizing that such corrections of 20-30% happen during a bull market.
by cryptodailyuk
ALT SEASON #3After years of waiting, countless false starts, and more hopium than a bull market BBQ, we’re finally here: Alt Season 3 is upon us—or so my trusty weekly Bitcoin dominance chart is screaming. For the uninitiated, this chart is basically the ancient oracle of crypto, and it’s saying, ‘Hey, Bitcoin, take five. It’s time for the alts to shine.’ Zoom in close and you’ll see the subtle shift—the kind of shift that makes your favorite meme coin go from $0.00001 to ‘retire on a yacht’ territory (not financial advice, obviously). TL;DR: Pack your bags, but don’t forget to double-check the fundamentals of the random farm token you’re YOLO-ing into. Alt Season 3 is here to remind us all that dreams are made… and sometimes rugged. Stay sharp, my friends. 🚀
CRYPTOCAP:BTC.DLong
by SkinnyMike3
1
PEPEUSDT → DUMP Phase. Manipulation before growth? BINANCE:PEPEUSDT after "PUMP" goes into a plum phase or “DUMP”. Key support is under attack for a long time and may not hold up For the last week and a half, the coin does not react in any way to the bitcoin growth and is in the consolidation phase, but if you look closely, the consolidation has the character of a descending triangle, which indicates the growing pressure from the sellers. If the support at 0.00001880 does not hold, the coin may form a strong impulse. Targets in this case could be 0.0000149 or 0.00001388. Resistance levels: 0.0000195 Support levels: 0.0000188-0.000018 Emphasis on key support and resistance. I do not exclude that a retest of resistance is possible, but the overall picture at the moment suggests that there may be a breakout of the base, reaching liquidity zones before further growth Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:PEPEUSDT ;) Regards R. Linda!
Short
by RLinda
12
Bitcoin Price Analysis: Can BTC Bounce Back After 8% Crash?Bitcoin ( CRYPTOCAP:BTC ) has recently taken a significant hit, with the price crashing by 8% from its all-time high of $99,690. As of the latest data, Bitcoin ( CRYPTOCAP:BTC ) is trading around $92,373, after a 7.09% correction that has left many traders wondering whether BTC will recover or continue its downward trend. This article takes a deep dive into both the fundamental and technical aspects of Bitcoin's current performance and explores what might lie ahead for the leading cryptocurrency. Bitcoin's Recent Price Action: A Brief Overview Bitcoin's impressive ascent towards the $100,000 mark was temporarily halted with the most recent crash, which occurred in the wake of the asset approaching its all-time high on November 22. The drop has led to the formation of a potential swing low at $92,620 on Monday, with Bitcoin showing early signs of a recovery. Despite the correction, Bitcoin ( CRYPTOCAP:BTC ) remains up by more than 130% year-to-date, reflecting the continued bullish sentiment surrounding the cryptocurrency. Many analysts have speculated that the fourth quarter of 2024 could see Bitcoin ( CRYPTOCAP:BTC ) pushing towards a six-digit price point, and this recent drop may be part of a healthy consolidation before another leg up. Bullish Long-Term Outlook Bitcoin's dominance in the cryptocurrency market remains unparalleled. The digital asset’s market capitalization hovers around $1.93 trillion, representing over 40% of the entire cryptocurrency market. Bitcoin’s resilience is fueled by its status as the first decentralized digital currency and its wide acceptance as "digital gold" and a store of value. The network’s security, scalability, and decentralized nature have kept Bitcoin at the forefront of the crypto market since its inception in 2009. In addition, Bitcoin continues to be a preferred hedge against inflation, a narrative that remains relevant as inflation concerns persist globally. Furthermore, Bitcoin’s role as an uncorrelated asset has also contributed to its growing reputation as a safe haven. As Bitcoin’s popularity expands and its network upgrades continue to improve its efficiency and functionality, the long-term outlook remains highly positive. Upcoming Key Developments: The Bitcoin network has seen several crucial upgrades in the past few years, including the Taproot upgrade, which significantly improved Bitcoin’s smart contract functionality and privacy features. Upgrades like these are key to ensuring that Bitcoin remains secure, decentralized, and scalable, with more improvements planned for the future. As more institutional investors and major companies embrace Bitcoin ( CRYPTOCAP:BTC ), the demand for the cryptocurrency is expected to continue growing. Technical Analysis From a technical perspective, Bitcoin’s recent price action reveals both bearish and bullish signals. As the price hit a local low of $92,620, the market is at a crucial juncture. A failure to hold above the $92,000-$93,000 support zone could see Bitcoin testing lower levels, with potential downside targets near the $87,000 region. If Bitcoin breaks below $87,000, a further decline towards the $70,000-$75,000 range could follow. However, there are also significant bullish signs in Bitcoin’s current price structure. Despite the recent drop, Bitcoin is holding above key support levels, and the RSI (Relative Strength Index) remains above 50, which suggests that there is still potential for upward momentum. A bounce from current levels could push Bitcoin back towards the $95,000 level, with a crucial resistance at $95,666. If Bitcoin clears this hurdle, it could set the stage for a recovery to $100,000 and beyond. Will Bitcoin Recover or Face Further Declines? Bitcoin’s price movements have been volatile, and this recent crash may simply be part of a healthy consolidation phase before the next major rally. Given that Bitcoin is holding well above support zones and has maintained significant year-to-date gains, it is likely that the cryptocurrency will make another attempt to reach $100,000 in the near future. However, this will depend heavily on broader market conditions and investor sentiment. If Bitcoin breaks the $95,666 resistance level, there is a strong chance that it could set new all-time highs by the end of the year, pushing closer to $100,000. On the other hand, if Bitcoin fails to reclaim bullish momentum and breaks below the $87,000 support, it could face a deeper pullback, with $70,000 being a possible target.
BINANCE:BTCUSD
by DEXWireNews
1
Structure broken! How much can BTC go?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 After breaking the minor low marked in red at $95,000, the bears have already taken over in the short term. However, BTC will remain bullish in the medium term as long as the last major low in blue at $85,000 holds. Thus, as BTC approaches the $85,000 zone, I will be looking for bullish reversal setups to form at the rejection. If and only if $85,000 is broken downward, a bigger bearish correction towards the $75,000 demand zone would be expected. Which scenario do you think is more likely to happen and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2
Bitcoin can rebound up from support area to 101K pointsHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some time ago rebounded from the support level, which coincided with the buyer zone and dropped to 85000 points. After this, the price turned around and started to trades inside the wedge, where it later rose to 89400 level and broke this level. Next, BTC rose to the resistance line of the wedge, after which it turned around and made a correction to the support line of the wedge, after which it continued to grow. Soon, the price broke the 89400 support level one more time, made a retest, and later made a correction to this level again and then bounced up. Price rose to the resistance line of the wedge and soon exited from this pattern. Then the price reached the current support level, which coincided with the support area and broke this level. After this, BTC started to trades inside the wedge, where it reached the top part of the range, but a not long time ago, BTC made a correction to the 97300 support level. So, in my opinion, Bitcoin will fall to the support area and then start to grow to the top part of the range. Then it can exit from this pattern and continue to move up next, therefore I set my TP at 101000 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
9
Another Outstanding Performanc | sentiment Indicator (PAID)Trend Identification: The indicator accurately marks bullish (green) and bearish (red) trends, providing clear zones for potential entries and exits. Signal Clarity: Buy and sell signals are strategically placed and align well with the directional momentum, capturing significant price movements, especially during the sharp downturns highlighted by the arrows. It was able provide two 3000+ points signal which is amazing. Choppy Market Management: The indicator also handles choppy or sideways markets reasonably well by displaying a mix of green and red areas, signaling caution during indecisive price action. Dynamic Zones: The green and red sentiment zones are dynamically plotted, offering traders visual guidance on market trends and sentiment shifts. The indicator is reliable for short- to medium-term trading
Short
by TradeTechanalysis
HelenP. I Bitcoin will rebound up from trend line to $104KHi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price bounced from support 2, which coincided with the support zone and declined to the trend line. Then BTC turned around and bounced higher than support 2, breaking it, after which continued to move up inside the pennant. Inside this pattern, the price rose to support 1, which coincided with one more support zone, but at once rebounded and made a small correction. After this, the price some time trades below support 1 and later reached this level again and broke it. Then, BTC made a retest and after this, it rose to the resistance line of the pennant pattern, after which turned around and made a correction to the support line, which is the trend line as well. But a not long time ago, BTC turned around and continues to move up next, so, I expect that BTCUSDT will all to trend line and then rebound up to 104K points, thereby exiting from a pennant pattern. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
8
Is Bitcoin (BTC) Setting Up for a Pullback and An Opportunity?👀 👉 Bitcoin (BTC) has recently dipped from a key liquidity area and is now revisiting previous highs. This movement has traders watching closely for what could come next. I'm eyeing a possible buying setup, but only if it retraces to a balanced price level and confirms with a bullish structural shift. 🛠️ Disclaimer: This video is for educational purposes only and does not serve as financial advice. Always do your own due diligence and trade responsibly. 📢
Long
by fxtraderanthony
10
BITCOIN WEEKLY CHART UPDATE !!This BTC/USDT chart shows a potential inverted head and shoulders pattern on the weekly timeframe, indicating a significant bullish reversal. The chart clearly shows an inverted head and shoulders formation, with a bullish left shoulder, a bearish head, and a bullish right shoulder. The neckline has been broken upwards, confirming the bullish breakout of the pattern. The neckline, located around $83,000-$85,000, now acts as a strong support level. The measured move indicates a potential target range of $130,000-$150,000, depending on the height of the pattern. Although BTC has seen some retracement after breaking the neckline, it remains above the critical support levels. The consolidation above the neckline further strengthens the breakout. The green path indicates higher highs, indicating the next potential wave towards $110,000+. Any pullback should ideally find support at or above $85,000 to maintain the bullish structure. For volume confirmation, an increase in weekly volumes will validate the breakout and support continued upward movement. Small update: Monitor price sustainability above $94,000-$96,000 to confirm ongoing bullish momentum. Stop-loss: A drop below the neckline ($83,000) could invalidate the pattern. This chart presents a long-term bullish outlook with higher targets. Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
Long
by CryptoSanders9563