Is Bitcoin on the Verge of a Major Crash? Warning Signs Ahead!👀👉 Bitcoin (BTC) has recently surged to all-time highs, but is the rally about to reverse? On the 1M monthly timeframe, a key horizontal resistance level is flashing warning signals. BTC appears heavily overbought, and the trend shows clear signs of overextension.
📉 Using advanced trading concepts like Wyckoff theory and ICT methodology, this video breaks down:
- How historical price action reveals similar overextended moves that led to significant pullbacks.
- Why the Fibonacci tool suggests a potential retracement to equilibrium after a parabolic price swing.
- The lack of smart money accumulation since the last major price breakout, signaling potential vulnerabilities.
🔍 We’ll examine two key scenarios:
1. Bearish Opportunity: If price action breaks structure and takes out existing range lows, it could signal a deeper correction.
2. Bullish Opportunity: If BTC trades into a discounted zone below equilibrium, this could present a strong buy opportunity for longer-term positioning.
📊 This analysis is for educational purposes only and highlights the importance of managing risk in a market known for its volatility. Past performance is no guarantee of future results—trade wisely and always assess your risk tolerance!
👉 Don’t miss this critical breakdown. Learn how to read the charts like a pro and prepare for what’s next in Bitcoin’s journey!📊
1-BTC
BITCOIN Riding the 1DMA50 wave is the best strategy you can haveBitcoin (BTCUSD) has had an enormous bullish break-out to new All Time Highs (ATH) following last week's U.S. elections. The past 2 days have seen this massive rally turn sideways and as always a certain part of market participants have started calling for big corrections or even bear markets. Once again we will let simple charting show why this sideways price action is nothing but a short-term and mostly necessary consolidation.
** November 2020 vs November 2024 **
This analysis is a comparison of BTC's October 2020 - April 2021 rally with October 2024 - today. We've made idea regarding those time periods in the past but this time we bring a more aggressive picture on the 1D time-frame.
As you can see, on both fractals the 1D RSI started with a Channel Up while the price was still trading sideways/ consolidating within the 1W MA50 (red trend-line) and the Resistance level. That was the first sign of the upcoming Parabolic Rally, which was confirmed after the price broke above the Resistance.
BTC formed a Channel Up itself and right now we are on the November Bullish Leg and its consolidation phase (circle) that has been evident on both fractals. The 2020 - 2021 rally lasted for 164 days after November 01 and rose by +395%.
** The key role of the 1D MA50 **
Even if these time and price lengths aren't replicated, the key here for traders and investors alike is this: From October 09 2020 up until April 18 2021, BTC neve closed a 1D candle below its 1D MA50 (blue trend-line). It was the 1D MA50 that fully supported this 6-month rally, giving excellent buy entries for those seeking dip buying opportunities or those who simply wanted to hold onto their BTCs for as high as possible.
** Just ride the wave **
As a result, a viable and confirmed strategy at this stage of the Cycle (if you don't want to trade the volatility and buy low/ sell why) could be to just sell when finally a 1D candle closes below the 1D MA50. This is what we effectively call 'riding the 1D MA50 wave'.
So what do you think? Are you prepared to hold until the 1D MA50 breaks, are you willing to buy every time the price gets close to it, or simply have a different strategy at this starge? Feel free to let us know in the comments section below!
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HelenP. I Bitcoin can correct a little and then continue to growHi folks today I'm prepared for you Bitcoin analytics. In the chart, we can see how the price some time traded near support 2, which coincided with the support zone and even entered to this area, where little time traded too and then started to grow inside the upward channel. Soon, BTC broke support 2 again and then reached the resistance line, after which made a correction to trend line and later broke this line and fell to the support line of the channel. A not long time price traded near this line and later rebounded to the trend line, which coincided with support 1 and broke them. Next, the price rose to the resistance line, after which made a correction back, breaking the trend line one more time, but soon BTC turned around and continued to move up between this line. At the moment, price traded below the trend line and I expect that BTCUSDT will fall to the channel's support line and then start to grow to the resistance line, breaking the trend line. For this case, I set my goal at 97500 level. If you like my analytics you may support me with your like/comment ❤️
BITCOIN - Price can grow a little and then fall to support areaHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to flat, where it declined to support area, which coincided with $67300 level.
Then BTC some time traded in support area, after which broke $67300 level and rose to top part of flat.
Next, price made correction to $67300 level, after which started to grow inside rising channel, exiting from flat.
In channel, BTC rose to $86700 level, broke it, and at once reached resistance line of rising channel.
But a not long time ago price turned around and fell to $86700 level, exiting from channel and then it started to grow.
Possibly, I think that BTC can little grow and then start to decline to $85100 support area.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BITCOIN → Bullish run to $100,000. When's the correction?BINANCE:BTCUSD is consolidating after a strong rally. Most likely the token is preparing to go even higher. The target of 95K-100K is getting closer and closer and is becoming more and more realistic. FOMO or managed to get on the northbound train?
The fundamental backdrop is strong. Trump has been a driver for bitcoin and the cryptocurrency market. The phenomenon as a whole is quite interesting.
Bitcoin is coming out of a 9-month accumulation and is strengthening by 34% as part of the rally. Can this rally be even bigger? Yes! And there are bullish premises for that:
Technically, bitcoin is not trying to update the lows. It is forming a smooth, calm and upward movement with gradually updating highs, and in the last two days the price has been accumulating in front of a strong resistance level. An ascending price channel is forming on H1-H4.
The recent 7% retracement of the ATH is nothing more than profit-taking. There are no funadamental and technical reasons for a deep correction yet.
Resistance levels: 91650, 93250
Support levels: 90300, 89200, 87500
At the moment consolidation is forming near 92K. The emphasis is on 91650. A breakdown and consolidation above this area may trigger a continuation of the impulse (rally).
I do not exclude that on the background of reduced liquidity (Saturday/Sunday), bitcoin may test the support area before further growth.
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;)
Regards R. Linda!
ADA Surges After Hoskinson Confirms Partnership with TrumpCharles Hoskinson, the founder of Cardano, is now set to join Trump team, and the market is responding with enthusiasm. Charles Hoskinson, the visionary founder of Cardano, is officially stepping into a pivotal role within Trump administration, fueling excitement across the crypto market. This groundbreaking partnership is being hailed as a game-changer, positioning Cardano at the forefront of regulatory innovation and blockchain adoption in the United States.
The market is already reacting, with ADA surging as confidence grows in its potential to secure mainstream adoption and institutional backing. Analysts are speculating that this bold move could propel ADA well beyond its previous highs, potentially setting the stage for it to reach unprecedented levels in this market cycle. Could $22 be within reach? The momentum suggests it’s entirely possible.
BINANCE:BTCUSD COINBASE:BTCUSD COINBASE:ETHUSD
Bitcoin Approaching Upper Channel Resistancehello guys.
Ascending Channel: Bitcoin is trading within a well-defined ascending channel, with support and resistance levels marked by parallel lines.
Upper Resistance Zone: The price is nearing the upper boundary of the channel around $95,784, which may act as strong resistance.
Bullish Momentum: The trend is bullish as Bitcoin has consistently followed the channel upwards, respecting both support and resistance levels.
Potential Pullback: If Bitcoin faces resistance at the upper channel, a pullback towards the midline or lower boundary is possible.
Target: If the price breaks above the upper boundary, Bitcoin could see a further bullish extension around $95,784. However, rejection at this level could signal a temporary correction.
Incoming $BTC correction back to $72k-66kBTC has had an impressive run. I got long right before the last leg higher pre election. BTC overshot my target by $6k, but the idea still remains that the FWB:83K -86k is the important resistance and I think we break back below $86k and then start a correction lower.
Everyone is extremely bullish here. Coinbase is the #1 app in the app store again and while I still believe there's 3-5 days left in this move higher, I think a correction is coming and so it's time to be defensive instead of take more risk.
With alts, I think many will end up below people's entries as I think most people went long alts in the past week or two. I think many alts during this move will correct 40-60%.
Therefore, I'll be exiting all of my BTC and altcoin exposure over the coming days with anticipation that I'll be able to buy back my bags much lower over the coming weeks.
If i'm wrong and I miss another move higher, so be it, but all the signs are there that this move is exhausted.
If I am right, then I think you'll want to have cash to buy this dip because this will be the last large dip before BTC and altcoins explode higher.
BTC/USDT WEEKLY CHART UPDATE !!
Bitcoin has broken out of the inverse head and shoulders pattern on the weekly timeframe, showing strong bullish momentum supported by high volume and the Ichimoku Cloud. A pullback for a retest above the breakout level may occur, possibly filling the CME gap, which could set the stage for a rally above 100K.
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
BTCUSDT 96 ATH and soon dump to 69k\ VERY BIG RRI proceed from the fact that 69 and 96 are mirror values, they are related to each other as yin and yang, plus if you remember what the effect was when bitcoin was 69k and then what news appeared, there is a full probability that they can make bitcoin high in the zone of 96 and then a strong decline in the zone of 69 from where there will be a reversal of the price up with the subsequent breakdown of the price at 140k. What is the probability of that? I don't know, but even if it is 10% that it will come true, the risk/reward ratio is huge, I think it is worth a try. You should keep an eye on niskoliquids, because at the end of a strong growth they start to shoot and this is an indicator of the end of the bull run.
There can be local very bad news for the price direction downwards, such as something found during searches, sold at the market, some hacker attacks and then finding guilty of it to the applause of the public.
BTCUSD: When its Overbought, this is when you should buy more.Bitcoin has again turned overbought on its 1D technical outlook (RSI = 77.715, MACD = 6007.800, ADX = 49.688) as the price crossed over the top (LH) of the Triangle pattern that had us consolidating for the past 3 days. The 1D RSI is already over the R1 level and that should cause the bullish breakout of the price to accelerate. This breakout happened after the 1H MA100 was tested 3 times and held. As long as it keeps holding, we expect Bitcoin to target the 2.0 Fibonacci extension (TP = 97,000) of the previous LH.
See how our prior idea has worked out:
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Whether it can be supported near 90375.2 is the key
(Title)
Whether it can be supported near 90375.2 is the key
(Some of the big picture content has been modified)
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(BTCUSDT 1D chart)
BW(100) indicator (90375.2) has risen above.
Accordingly, the 90375.2 point is likely to be an important support and resistance point.
Therefore, the point to watch is whether it can be supported near 90375.2 and rise above 3.14 (93570.28).
If not, we need to check if it is supported around 2.618 (87814.27) ~ 1.618 (89050.0).
-
If StochRSI < StochRSI EMA, it is likely to fall.
Since StochRSI EMA has never touched 100 so far, the downward pressure will increase as it approaches 100.
-
This volatility period is until November 20.
Therefore, we need to check in which direction it deviates from the 87.8K-93.5K range and maintains it after this volatility period.
The target range is around 3.618 (98841.11).
----------------------------------------------------
I have talked about the big picture below several times.
Since we touched the target range of 81K-95K that I mentioned earlier, I'm going to make some corrections to the explanation in the 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 following a pattern since 2015 and has been rising.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect to 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.
In other words, it 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 or resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, 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
-
Have a good time.
Thank you.
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- 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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What do you think is being shown on BTC Bitcoin BTCUSDT chart ?What do you think is being shown on the OKX:BTCUSDT chart?
(pls vote at comments)
💔 Head and Shoulders - after breaking through and consolidating below 88.K, the price of CRYPTOCAP:BTC will continue to move towards $81.500
🐳 Consolidation in the form of a triangle with an exit upwards and the continuation of the movement of the #Bitcoin price towards $100,000
_____________________
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Alt-season? Bitcoin BTC Dominance past cycles behavior analysis The best way to spot an altseason is looking at the Bitcoin BTC Dominance graph.
On this analysis, of the behavior of the Bitcoin BTC Dominance, I spotted in the graph , what happened on the last two cycles, 2017 and 2021, looking back to the 2013 BTC price top.
In the analysis I spotted three types of events:
All Time High (ATH)
Cycle Bottom
Attempts to break the past cycle's ATH
This brought me some interesting "coincidences" that leads to some insightful predictions.
My conclusion, so far, is that an All Time High breakout is a very important moment to the possible alt season beginning. One thing that should be considered is that the current cycle has some different characteristics as, probably in detail, all of them have. This means that maybe it could take some more time to the alt season start, as it did for the ATH be finally broken.
One thing I did'n mention in the video is that the BTC dominance has broken a theoretical downtrend line. That said, considering the end of the year calendar change that is a mentally important moment, I wouldn't be surprised if the altseason waits till January to pick up.
To be continued...
TOTAL Cryptocurrencies: Global Market Indicator and AnalysisAccording to my theory, we are witnessing a crypto market growth cycle with a growth phase of 35 months and a correction phase of 13 weeks. I expect the crypto market to continue to grow until November 1, 2025, driven by the arrival of large investment funds and corporations behind blockchain technology as well as tokenization. The RWA sector is at a nascent stage and trillions of assets will be tokenized and used for fast transactions, ease of transfers, 24-hour accessibility and transparency. In addition, the arrival of institutional investors via ETFs should not be overlooked. Today, BlackRock owns over 470k BINANCE:BTCUSDT and is unlikely to stop. BYBIT:ETHUSDT is undervalued, BINANCE:SOLUSDT shows the very availability of cryptocurrency for everyone on the planet. Memesession is actually testing the Solana network for its suitability for massadoption. Staying bearish regarding the cryptocurrency market looks like ignoring the internet in the early 2000s. Focus on the RWA direction, a large number of projects are about to show parabolic growth!
Horban Brothers.
Potential bullish rise?The Bitcoin (BTC/USD) has reacted off the pivot which acts as a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 86,584.45
1st Support: 83,335.94
1st Resistance: 92,840.85
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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.
Need to check if BW(100) line is created at 90375.2 point
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(BTCUSDT 1D chart)
BW(100) line is showing signs of being created at 90375.2 point.
Accordingly, if BW(100) line is created at 90375.2 point, the key is whether it can rise above 90375.2.
If it fails to rise, it is likely to lead to further decline.
Accordingly, if it falls from the current section (87.8K-89K),
1st: StErr Line
2nd: M-Signal on the 1D chart
Whether it touches the 1st and 2nd areas above and rises is the point of observation.
Accordingly, if it receives support near 79.9K-80.9K and rises, it is expected to create a pull back pattern.
If not, if it falls below 76.7K and shows resistance, it is likely to turn into a short-term downtrend.
This short-term downtrend is expected to determine the trend again by touching the 68393.48-71335.47 area.
-
If the decline begins, it is likely to show a greater decline than expected.
Therefore, what we need to watch closely is whether the StErr Line turns into a decline when it falls below the StErr Line.
This is because if the price is maintained below the StErr Line, it is likely to show a decline.
-
The volatility period (around November 16-19) is approaching.
Accordingly, it is time to think a lot about response strategies.
When trading spot, you should consider whether you can reduce the investment ratio and buy more when it falls.
When trading short (SHORT) in futures, you must keep the stop loss point.
When trading long (LONG), check if you can use the same method as when trading spot, and if not, choose the time to liquidate.
The reason you can maintain long (LONG) trading is because funds are flowing into the coin market.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale upward trend will begin when it rises 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 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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BTC/GOLD looking strongBTC/GOLD is starting to break out of it's inverted head & shoulders continuation pattern that's been setting up for over 3 years now. If this breaks out we could see the BTC/GOLD ratio run to as high as 130:1. This coincides with my COINBASE:BTCUSD analysis that should BTC running to as high as $300,000.