BITCOIN's Distribution, Greed and Dutch TulipsThe **Tulip Mania** of the 1630s was the original bubble—and it was as absurd as it was dramatic. Picture this: a single tulip bulb sold for the price of a luxurious Amsterdam townhouse. Traders flipped tulips like hotcakes, fortunes were made overnight, and the humble flower became a symbol of outrageous wealth and speculation.
Then, in February 1637, the fever broke. Buyers disappeared faster than a Dutch winter thaw, and the market collapsed like a poorly built dike. Those who had mortgaged their futures for tulips were left with nothing but petals and regret. It was a dazzling rise and a catastrophic fall—a timeless lesson in the dangers of speculative greed!
🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉
Why do I write about the Tulip Crash?
These days, not many young Trader and Investors know about it. And why not learn from the past?
Happy profits all.
1-BTCUSD
btc on bearish#BTCUSD firstly we await for H1 candle to close between the rectangle before taking sell but if price closes above bullish then the sell is inactive. Entry closure at 95400-95500 for selling, target 93800-91k, stop loss at 96359. Based on the movement if inactive then price is heading 97500 for sell retracment.
#BTC #BTCUSD #BTCUSDT #Bitcoin #Analysis #DUMP #MarkDown #Eddy#BTC #BTCUSD #BTCUSDT #Bitcoin #Analysis #DUMP #MarkDown #Eddy
It was my mistake to give a big short analysis of Bitcoin before the distribution structure was formed.
Currently, by combining the analytical styles of Dow Theory & Wyckoff Theory with the combination of the classical price action technical analysis, RTM & ICT, we are witnessing confirmation of the market decline, while the majority have a bullish view of the market, having fallen into the trap of the market maker.
Look for a heavy Bitcoin sell position from the marked premium area, don't forget to get confirmation based on your style and manage risk and capital.
My Bitcoin Big Short Setup Targets :
Bitcoin's Bullish Momentum Continues!Hey traders, here's an exciting update on Bitcoin! In our last analysis, we discussed how BTC was testing the critical $93,800–$94,200 level, and guess what? Bulls have delivered!"
📈 "As you can see in the updated chart, Bitcoin has surged past the $94,000 zone and is now approaching the Bullish Week level at $95,772. This shows strong buyer momentum as BTC continues to hold above key support zones."
💪 Key Observations:
1️⃣ Support Retest Held Strong:
Bitcoin successfully held the $93,800–$94,200 range, flipping it into a firm support base.
2️⃣ New Resistance Tested:
BTC is now battling with the $95,772 Bullish Week level. Clearing this level could open the door to the next key target at $96,600+, aligning with the swing highs above.
⚡ What’s Next?
"If BTC can close above $95,800, the path toward $96,600 and potentially $98,000 becomes a real possibility. However, watch for any pullbacks to retest the $94,000 zone, which should act as strong support if the bullish trend holds."
🛠️ "For now, bulls are in full control, and the momentum is clearly favoring upside action. Let us know in the comments where you think Bitcoin is heading next!"
🎥 "Don't forget to like, subscribe, and hit the notification bell for more Bitcoin trading updates!"
#Bitcoin #BTC #Crypto #Bullish
Ether Poised to Outshine Bitcoin in 2025: A Deep Dive
The cryptocurrency market is a dynamic and ever-evolving space, with Bitcoin and Ether leading the charge. While Bitcoin has long held the crown as the dominant cryptocurrency, Ether, the native cryptocurrency of the Ethereum network, is increasingly being seen as a strong contender for future growth and potential market dominance. Several factors suggest that 2025 could be the year that Ether truly comes into its own, potentially outperforming Bitcoin in terms of price appreciation and adoption.
Ethereum's Technological Advancements
Ethereum's shift to a proof-of-stake (PoS) consensus mechanism with the Merge in 2022 was a landmark event. This transition significantly reduced Ethereum's energy consumption and laid the groundwork for future scalability improvements. The upcoming "Surge," "Verge," "Purge," and "Splurge" upgrades aim to enhance Ethereum's transaction processing capabilities further, making it more efficient and cost-effective for users. These technological advancements are crucial for Ethereum's long-term growth and its ability to handle increasing transaction volumes.
The Rise of Decentralized Finance (DeFi) and NFTs
Ethereum's blockchain serves as the foundation for a vast ecosystem of decentralized applications (dApps), including DeFi protocols and non-fungible tokens (NFTs). The DeFi sector has witnessed explosive growth in recent years, with Ethereum leading the way in terms of total value locked (TVL). NFTs have also gained immense popularity, with Ethereum being the primary platform for their creation and trading. The continued growth of these sectors is expected to drive demand for Ether, as it is the primary currency used within the Ethereum ecosystem.
Institutional Adoption and Regulatory Clarity
Institutional investors are increasingly showing interest in the cryptocurrency market, and Ethereum is attracting a significant portion of this attention. The approval of spot Ether ETFs in mid-2024 has further legitimized Ether as an investment asset, making it more accessible to both institutional and retail investors. As regulatory clarity surrounding cryptocurrencies improves, institutional adoption is expected to accelerate, further driving demand for Ether.
Bitcoin's Limitations and Challenges
While Bitcoin remains the most well-known cryptocurrency, it faces certain limitations that could hinder its growth potential. Bitcoin's primary use case is as a store of value and a digital currency, while Ethereum offers a much broader range of functionalities through its smart contract capabilities. Additionally, Bitcoin's energy-intensive proof-of-work (PoW) consensus mechanism has raised environmental concerns, which could become a more significant issue as regulatory scrutiny on cryptocurrencies intensifies.
Ether's Potential for Outperformance
Several analysts and industry experts believe that Ether has the potential to outperform Bitcoin in 2025. The combination of Ethereum's technological advancements, the growth of DeFi and NFTs, increasing institutional adoption, and the limitations of Bitcoin's technology could create a perfect storm for Ether's price appreciation. While Bitcoin is expected to continue its growth trajectory, Ether's unique value proposition and its central role in the expanding Web3 ecosystem could give it a significant edge.
Conclusion
The cryptocurrency market is known for its volatility, and predicting future price movements with certainty is impossible. However, based on the current trends and developments, Ether appears to be well-positioned for significant growth in 2025. The Ethereum network's ongoing technological advancements, its thriving ecosystem of dApps, and the increasing interest from institutional investors all point towards a bright future for Ether. While Bitcoin will likely remain a dominant force in the cryptocurrency market, Ether's potential for outperformance in 2025 cannot be ignored.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. The cryptocurrency market is highly volatile, and investors should conduct their research and consult with a financial advisor before making any investment decisions.
SPY/QQQ Plan Your Trade For 12-31: Top PatternHappy New Year Everyone,
Today's pattern is a TOP pattern. This suggests the SPY/QQQ will rally in early trading, attempting to identify a resistance level and then rolling into a TOP type of pattern.
I don't expect the markets to fall much after reaching the top/resistance level. I expect it to be more of a stalling type of price action after reaching resistance.
Gold and Silver will likely attempt to confirm a base/bottom near recent lows. I don't expect too much movement in metals today.
Bitcoin moved below recent support, then rejected back to the upside. If this support fails, Bitcoin will move strongly to the downside over the next few days.
As we move into 2025, capital will start to rush back into the markets in early January. This low-liquidity phase will end near Jan 5 through Jan 8.
Be prepared for price to attempt to revert back into normal 0.5 to 1.25% price ranges - consolidating as liquidity increases in the markets over time.
Remember, the first half of 2025 will be very volatile - so buckle up and get ready for some big price rotation in early 2025.
Get some..
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
BTC Set Up: Head & Shoulder and a Descending Triangle PatternBeginner->Intermediate Level Analysis
The crypto market is experiencing consolidation as the King of Crypto takes a breather after its most recent run up. A head and shoulders pattern (White Trendline's) and a Descending Triangle pattern (Yellow Trendline's) shown here on the daily chart, are displayed with their relatively equivalent upside and downside targets marked by a Bear to the downside and a Bull to the upside. While the head and shoulders pattern is typically a bearish pattern, with the distance of the neckline providing the technical target, the descending triangle has slightly better odds of breaking back (busted triangle). Either way we slice it, chances are leaning toward a shake out, which I provide some insight on toward the last half of this idea. While the technical targets of these patterns warn of potential downside, it is important to note that the majority of selling pressure has already occurred and the buying pressure in and around 80k-90k will be fierce, intended to shake out 'paper hands' who quickly forfeit their Bitcoin just shy of the most important parabolic stages of the bull run. Regrettably, it is these shakeouts that actually provide the fuel for such a run up
Who is Selling?
Bitcoin (BTC) has faced selling pressure from retail shrimps and worrisome dolphins as Shark and Whale activity (e.g., enterprise and institutional buying, respectively) remains primarily invisible and providing no immediate benefit to the overall market. However, shrimple retail investors are smartening up to the complex movements of big fish gamers, market makers, and pesky shark players, particularly the predatory antics that control market demand for an asset by causing sharp movements in price which instill fear or exuberance in market participants. Yet, for those new to the game, its helpful to understand how big market movers fool the rest of the market.
Strategy Reveal: The Ol' Mississippi OkeeDoke followed by an Alabama Slew Slammer
This takes place when big whales and sharks cloak their real movements by making purchases and sales "over the counter (OTC)". There is a benefit to OTC trades, it lowers the frequency of market swings for every big purchase or sale. Yet, switching back and forth between OTC and exchange transactions can provide the perfect cover and an opportunity for moving markets when needed. On top of this, Market Makers are in a cat and mouse game with leverage traders, causing steep movements in both directions.
However, there does come a point when a supply shock is unavoidable and all that buying causes real asset scarcity. This is a Supply Shock, and the BTC market is quickly approaching this type of market environment. And so goes the crypto (and equity) market. Yet, retail shrimps and aspiring dolphins would benefit from continued accumulation on market dips --avoiding selling out of fear during market shakeouts like this. Hold tight, we are going for a roller coaster ride! Good luck everyone!
Bitcoin VS AppleApple's product releases came out today.
But it has nothing to do with this publication, just a coincidence.
As you know, I've been analyzing fractals of other assets for a long time. I find the comparison between Apple and Bitcoin very interesting and similar.
I'm inspired by this analysis as much as the previous ones
And the end of this bitcoin market will be around September 2025.
I don't listen to the noise that's coming from everywhere.
I'm following my own plan.
Best regards EXCAVO
Technical Analysis: Bitcoin (BTC) – Regular Bearish DivergenceTechnical Analysis: Bitcoin (BTC) – Regular Bearish Divergence
Hello!
T he recent technical analysis for Bitcoin (BTC) highlights the presence of a regular bearish divergence between the price and the Relative Strength Index (RSI) indicator. This divergence, marked by the yellow lines on the chart, signals a potential reversal in the short-term trend and suggests a bearish outlook for the coming days or weeks.
Understanding the Divergence
A regular bearish divergence occurs when the price of an asset forms higher highs, while the RSI forms lower highs. This indicates weakening momentum, even as the price reaches new peaks. The yellow lines on the TradingView chart clearly illustrate this pattern for Bitcoin.
Price Action: Bitcoin has recorded higher highs on the price chart.
RSI Behavior: The RSI indicator, however, has failed to mirror this pattern, instead forming lower highs. This discrepancy points to diminishing bullish momentum and the likelihood of an upcoming price correction.
Short-Term Bearish Implications
Given the regular bearish divergence, Bitcoin’s price is expected to experience a pullback in the short term. Traders should be cautious, as this divergence often precedes a period of downward movement. Key support levels, such as $93,000 and $92,000, should be monitored closely to assess the depth of the correction.
Long-Term Bullish Outlook
While the short-term trend leans bearish, the long-term perspective for Bitcoin remains bullish. Several macroeconomic factors, including increasing institutional adoption, favorable regulatory developments, and a growing use case for cryptocurrencies, continue to support the long-term upward trajectory of BTC. This macroeconomic backdrop suggests that any short-term price corrections could present buying opportunities for long-term investors.
Key Takeaways
The yellow lines on the TradingView chart highlight a regular bearish divergence between Bitcoin’s price and the RSI indicator.
This divergence signals a likely short-term bearish trend, with a potential price correction on the horizon.
Long-term trends remain bullish, supported by macroeconomic factors and Bitcoin’s robust fundamentals.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
Regards,
Ely
BTC - Bear Flag forming, 73k price projection** Reposting because annotations weren't posted in the previous analysis**
After hitting all time highs, BTC is forming a bear flag.
If bear flag plays out and price breaks through 91,400 level then on the basis of the measured move of the flag pole, BTC is likely to test 73,000 which is a significant support zone on Daily timeframe. This is because before BTC pierced 73,000, this was a strong resistance zone. Also, since price broke out 73,000, it hasn't retraced back to this level.
Furthermore, there is a fib retracement level of 38.2% at 71,500 so expect 73,000 - 71,500 to be strong support zone.
Remember technicals are all probabilities, price could break 99,000 level (upper trendline of the bear flag channel) to test all time highs.
Bitcoin: The Cyclic Pattern Unfolding Again?Analyzing the current BTC weekly chart reveals striking similarities to the past, specifically the cycle seen at the end of 2023 and the beginning of 2024. Let’s break it down step by step.
1. Price Movement Comparison
Late 2023 vs. Late 2024: At the end of 2023, Bitcoin experienced a sharp rally of around 65%, moving from the lows to a significant peak. Fast forward to late 2024, and we see a nearly identical pattern—again, approximately 65% growth from the bottom to the recent high. The symmetry is hard to ignore.
2. WaveFlow Indicator
On both occasions, the WaveFlow indicator paints an eerily similar picture. It shows a strong push from the lows to the highs, followed by an expected pullback before another rally. If history repeats itself, the current setup implies that BTC will form a second peak following an intermediate bottom in the near term.
3. PrimeMomentum Long-Term Signal
The red diamond signal from the PrimeMomentum Long-Term Signal BTC indicator appears in a nearly identical spot:
The beginning of 2024: Red diamond signaled a top before a significant correction.
Late 2024: The same signal has just appeared, aligning with a possible cyclical correction phase.
4. PrimeMomentum Oscillator
At the bottom of the chart, the PrimeMomentum oscillator shows behavior that mirrors the end of 2023. This resemblance reinforces the idea that Bitcoin’s price action is following a cyclic pattern.
5. Expectations and Forecast
January Correction: Based on these indicators and historical patterns, we anticipate a pullback at the beginning of January 2025, targeting a mid-range consolidation or support zone.
February–March Rally: Following the correction in the second half of January, a rally is expected, peaking around March 2025, similar to early 2024’s price action.
Post-March Decline: After March, we could see another downward phase, mirroring the price behavior in mid-2024.
Conclusion: The Power of Cyclicality
This chart showcases the undeniable rhythm of Bitcoin’s cyclicality. Indicators like WaveFlow and PrimeMomentum provide clear parallels between the current market state and historical movements. If the cycle repeats as expected:
Short-Term: Prepare for a correction.
Mid-Term: Watch for a strong rally.
Long-Term: Plan for another cyclical downturn.
The data strongly suggests that Bitcoin’s market structure continues to adhere to predictable cyclical trends. With this knowledge, traders can better anticipate key market movements and position themselves accordingly.
ETH/USD
"Hello traders, focusing on Ethereum, the price has encountered a powerful FVG on the daily timeframe, sweeping liquidity and experiencing a sharp rejection. The candle formations on the 4-hour and 1-hour charts indicate a potential upward movement from this zone."
Next level would be 3800$ .
NOTHING !!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to FWB:98K or more than after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
December 30 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
It was tough after two days off.
Nasdaq has no indicators released today
While uploading real-time analysis, Nasdaq is showing a downward trend
and a vertical decline is in progress.
I will proceed without modifying the strategy
Currently, the Bollinger Band 1-hour chart resistance line touches
It is a short position operation section.
Today, I focused on long positions overall.
* When the blue finger moves
It is a two-way neutral
Short->Long switching strategy.
1. $94468 short position entry section / stop loss price when orange resistance line is broken
2. $93691.5 long position switching / stop loss price when green support line is broken
3. $95587 long position 1st target -> Top 2nd target
(If strategy is successful, Tether Dominance MACD 4 + 6 hour dead cross is performed)
If it is directly coupled with Nasdaq at the current position,
it is the final long position waiting strategy in section 1.
The reason for designating the stop loss price when the green support line is broken is
because it is a section where the upward trend can continue safely based on the black support line,
and since the breakout, the downward trend is connected,
from the bottom, it is open to the final section 2 on the drawing.
If you keep it until the 2nd section
Based on the lower tail left on December 6th,
Because it doesn't break away, the upward trend is barely maintained,
But it's dangerous anyway.
The pattern is more advantageous than NASDAQ,
But since it's in a vertical decline without an entry point,
Please pay attention to real-time movements in preparation for coupling.
Up to this point, I ask that you simply use my analysis for reference and use,
And I hope that you operate safely with principle trading and stop loss prices.
Thank you.
Bitcoin appears to be stalling at the Fibonacci level.The anticipated Santa rally did not materialize, highlighting weakness in the community. The much-discussed $100k level now seems unattainable as we close out 2024. However, the focus has shifted to maintaining BTC at GETTEX:92K —a level that appear particularly strong.
This GETTEX:92K level has acted as resistance four times in the past and is now serving as support for the fourth time. Interestingly, the 38.2% Fibonacci retracement level aligns with this zone, adding to its significance.
The Bollinger Bands indicate an extreme situation, with prices moving beyond the range of the past 20 candles.
In just two weeks, BTC is down almost 14% from its all-time high (ATH).
In my view, this situation is far from resolved, and 2025 may begin with even weaker dynamics. Why? Financial market fundamentals are deteriorating, the festive period is over, and the next two months are historically the most challenging and inactive.
Bitcoin (BTC/USDT) - End of 2024 - Daily Price ConsolidationBitcoin (BTC/USDT) price is currently in a short-term downtrend and consolidation pattern (end of December 2024).
Bitcoin price needs to hold above $92,000 to $90,000 to avoid a daily bearish head-and-shoulders resistance price pattern.
Support Levels to the downside currently are: $92000, $90000, $87610, $85000, $81000, $76000.
Resistance levels to the upside currently are: $96500, $100000, $105000, $108000, $110000, $120000.
Daily and Weekly price consolidation is ongoing, and Bitcoin is seeking to establish the next higher-low support price.
Note: breaking news, corporate news, government law changes, stock market correlations, and crypto events can affect and override technical chart patterns.
Date: 12/30/2024 pm