BTC BEAR CASE📉 BTC/USDT Long-Term Analysis - Bearish Scenario 📉
If BTC loses the $66.7K level, this would serve as a strong bearish confirmation, indicating that the fifth wave is complete. In this case, I would expect a deeper correction with a target zone between $40K and $37K. This correction could last between 6 months to 1.5 years, suggesting a potential long-term trend shift.
So Confirmation: sub 66.7k
TP: 40k - 37k
Invalidation: after incoming correction if hold 0.5-0.7fib level ( 72-71k till 70.8-69.k) and bounce and make ATH. That will be invalidation for this case.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
1-BTCUSD
BTC BULL CASE 07/11/2024📉 BTC/USDT Update 📉
The current 5-wave upward pattern appears to be complete, and the presence of bearish divergences on the 15-minute, 1-hour, and 4-hour timeframes indicates a likely downward correction. Additionally, the declining volume supports this outlook, suggesting potential weakness in the upward momentum.
🔸 Confirmation Level:
A break below $75,600 would confirm the start of a corrective move.
🔸 Target Zones:
Initial Support: $72,000 - $71,700
Deeper Support: 0.61-0.7 Fibonacci levels, around $70,800 - $69,800
If BTC holds these levels, a rebound could take the price toward $82,000 - $85,000, indicating the continuation of the bullish trend. However, a break below $66,000 would mark a bearish shift, opening the door to potential targets in the $44,000 - $37,000 range.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
Bitcoin projection for this bull runLooking for short positions at the upper limit , that is when i usually enter short.
Around the 91k region there is a resistance.
I expect a 25-30% correction from that region. After that bull run will resume its run and stop at around 115k .
It can go higher ,nobody knows how high it can go but this is what trendlines are telling us.
BTCUSD | 95K Target 1:1 Move | BullishThis will be the first big trade at the start of the exponential cycle we're about to witness for the 5th time in BTC history.
Considering the descending broadening wedge pattern, a 1:1 move into the pattern gives a price target of roughly $95k.
It can also been seen as a flag pattern which also reads a $95k impulse target as seen below:
If you want to look at more longer-term targets and analysis of CRYPTOCAP:BTC , I've attached 3 of the charts I've made which will satisfy that long term bullish outlook.
Best of luck to you all out there involved in this space and remember, manage your risk appropriately.
Crypto Bull Run: Unveiling the First StageAfter a year-long bear market, cryptocurrency prices enter a consolidation phase at the bottom, lasting approximately 500-700 days. If the price breaks through this consolidation resistance, it could experience a bullish move of 100%-300%, This pattern occurs once every four years in the crypto market.
Currently, most cryptocurrency prices are breaking out of their consolidation phases and experiencing 100%-300% moves. This marks the first stage of the crypto bull run.
I will share the example charts below.
Regards
Hexa
Bitcoin: Cup and Handle Pattern.BTCUSDT (weekly chart) technical analysis update
BTC's price has formed a cup and handle pattern on the weekly chart and the price has been moving within the handle for the last five months. Once the price breaks the cup and handle neckline, we can expect a strong move with the potential to reach $100K in a few months.
Regards
Hexa
BTCUSDT: Small Correction Possible Before UptrendBTCUSDT(Day Chart) Technical analysis update
BTC's price has been trading within a broadening wedge pattern for the last 160 days. Recently, it bounced off the wedge's support and is now trading at the GETTEX:59K level. We can expect a small correction before the next upward move, with the price possibly touching the $55K level before resuming a bullish trend.
Regards
Hexa
Bitcoin is Ready to Take Off!Bitcoin technical analysis update
Yesterday CRYPTOCAP:BTC price touched the broadening wedge support line and the previous major support zone at the $50K level. currently, the price is bouncing from this major support and moving towards the broadening wedge resistance. We can expect a gradual bullish continuation from the current level.
We could see a strong bullish move once the price breaks the broadening wedge resistance, potentially reaching $100K.
Swing and positional traders can enter a long trade in BTC with a stop loss set at $49,000.
Regards
hexa
Bitcoin standard in progress..This idea is more of a message than an investment speculation. And a reset of my previous ideas with shitcoins reminding me of where I was.
We need to learn from the past and put it behind us, looking to the future because our actions affect our future, not our past. Much has changed since my first experience with cryptocurrencies (early 18). Yes, it usually starts with cryptocurrencies, rarely bitcoin only. And when bitcoin only, few can resist the lure of shitcoiners, the potential profit. In short, I don't think a bitcoin maxis can grow without proof-of-work, without cutting through the jungle of scammers. But if the individual in question is a thoughtful creature and occasionally examines the arguments for/against, why yes/no, and is not lazy to verify the arguments in question, to read something, they will come to the inevitable conclusion, that's my opinion. My opinion is that we are very lucky that bitcoin was created, we have the hope of freedom, versus the inevitable inflationary, monetary and tax bullying, surveillance by the state. We are fortunate that it came into existence as it did - naturally, anonymously. That is unrepeatable in this day and age. That alone is a bulletproof foundation and a guarantee of my peaceful sleep. I could list dozens more. But I won't prolong it.
Thanks for bitcoin , for the hope of a better future.
Always and forever bullish , there is no ceiling. Dips are discounts, that's all. Volatility is a feature, not a flaw. Welcome volatility , learn to work with it. It's a game for the long term. Forget fiat profits, only increase the stack of bitcoins owned. Use HW wallets for your savings! Once the bull market hits, it's time to reward yourself, enjoy life, send some of that bitcoin back out into the world for some fine goods, services. Bitcoin is money that makes sense to save in. Simple.
Satoshi thank you!
THE WHALES accumulate in BTCis it clear now btc ?
NASDAQ indice had the same confermation before break the top of december 2021 , btc on accumulation and it's prepare for a big movement up ,
this boring movment and go up and down , it's just to make ppl disbleaf in this market and to let ppl sell thier coin , not all ppl will get rich .
now we are making a bottom ,
the big confermation is breaking above 66K.
don't be greedy . don't but your all eggs in one basket
this is my analyse it's not a recomandation to buy or sell !!
#bitcoin (cryptocurrency)
#btc
#bitcoin
BTC UpdateAs expected, the price continued its upward movement by hitting the Fibonacci golden zone and forming a hidden divergence in the RSI. The candle that hit the golden zone is a pin bar candle and this week's candle is the confirmation candle of that pin bar candle. So we have to wait for the closing of the weekly candle, and if the candle closes in the form of a momentum candle, it can be said that the price is still interested in moving up.
bitcoin weekly analysisBitcoin experienced a bullish surge this week, successfully breaking through the resistance level that has been forming since March 2024. However, it is important to note that Bitcoin has now reached the resistance of the channel up pattern, and a correction toward the channel up support at the 70,329 level is possible.
This analysis will be updated if new key levels are identified. Thank you.
ARTYFACTUSDT - Buying After BTC!
My dear followers,
Time to rebalance our BTC gains and find a good coin for investing.
The one that grabs my attention is ARTYUSDT.
From a technical analysis perspective, all my trusted technical indicators show a strong bullish confluence.
Candlestick analysis indicates a strong buying sentiment as well, with a formation of multiple imbalance bullish candles recently.
Multiple intraday/daily resistances breakouts is one more reliable technical signal.
I also decided to find more info about the project and read some articles about that.
Looks like its managing team is planning a lot of big upcoming milestones and a huge expansion campaign that will bring its current market capitalization (9 million USD) way beyond these figures.
While the bull run was officially confirmed with the Trump election, you have less and less to take advantage of the attractive price.
Include ARTY in your portfolio and good luck to you, my dear traders.
Bitcoin hits new all-time high amid U.S. elections!Yesterday, November 6, 2024, the U.S. presidential election results were announced, and the race was won by Donald Trump, a strong advocate for cryptocurrency! During his campaign, on September 18, 2024, the current U.S. leader made a bold move toward the digital asset community by treating supporters to burgers at PubKey in New York, paid for in Bitcoin. During the voting and after the results were announced, Bitcoin (BTCUSD) demonstrated a rapid surge.
Starting around $68,000, Bitcoin broke past $76,000, hitting a historical peak and posting an impressive 12% gain within just 24 hours!
In addition to the support from the leader of one of the world’s top nations, cryptocurrency has plenty more cards up its sleeve. Key growth factors and expert insights:
Institutional investor interest: Major corporations and institutional investors continue to increase their Bitcoin investments, supporting high demand and limited supply in the market. For example, well-known company MicroStrategy (#MSTR) acquired 5,445 BTC for $150 million from August through late September!
Rising demand amid economic uncertainty: With inflation on the rise, geopolitical instability, and volatility in traditional markets, investors are seeking more stable assets. Bitcoin, alongside gold (XAUUSD), is becoming a preferred choice for capital preservation.
Expectations of U.S. Fed policy easing: With potential interest rate cuts on the horizon, interest in cryptocurrencies as alternative assets is increasing. Experts estimate an 87% probability of a rate cut at the next meeting, creating additional incentives for investing in BTC and other crypto assets.
Positive analyst forecasts: The projected minimum Bitcoin price in January 2025 is $71,468, with an average of $78,168 and a maximum of $80,402. By December, these figures are expected to rise to $106,235, $109,213, and $124,937, respectively. Growth is anticipated to remain steady, without declines or corrections, throughout the year.
On September 19, 2024, FreshForex analysts highlighted the undeniable growth drivers for the entire crypto sector. With Trump at the helm of the U.S., crypto growth is practically inevitable! Don’t miss your chance!
Shorting Bitcoin at $105,000 would be an exciting play!Hello Padawans,
This chart shows a Bitcoin (BTC) price analysis with several Fibonacci retracement levels marked. Here are the key points in the image:
1. Price Levels and Fibonacci Extensions:
- Key Fibonacci levels are drawn across the chart, including 0.236, 0.382, 0.5, 0.618, 0.786, and several extension levels (such as 1.618 and 2.618).
- The 2.618 level, shown in red at around 104,827, represents a significant Fibonacci extension point, possibly indicating a strong resistance level for Bitcoin.
2. Price Action:
- The Bitcoin price is currently at 75,050, as shown by the green label in the middle right of the chart.
- The highest recent level on this chart is around 76,420, suggesting it might be a recent high or resistance level.
3. Volume Indicator:
- A volume bar is visible at the bottom of the chart, indicating the trading activity, with recent volume levels shown around 30.106K.
4. Potential Resistance Levels:
- There are several dashed lines indicating possible resistance levels, such as 82,800 and 87,216, with 104,827 being a significant upper target.
This chart likely represents an analysis of potential retracement or resistance zones for a Bitcoin short or long setup around these key levels, with the 104,827 area being a focal point for a potential short opportunity if reached.
Enjoy!
BTC - 4H fall for nowWhen it comes to market sentiment, a popular saying is, “When everyone is on the same side, it’s time to go the other way.” This concept aligns with the contrarian trading strategy, where savvy traders often position themselves in the opposite direction of the majority. Currently, with widespread excitement and optimism about a potential BTC bull run, it’s possible that we’re setting up for a correction rather than a sustained rally.
Historically, markets tend to pull back when optimism reaches a peak. For example, in 2017, as BINANCE:BTCUSD neared $20,000, the market sentiment was overwhelmingly bullish, yet that’s when BTC took a sharp downturn. Similarly, in early 2021, when Bitcoin was approaching $64,000 with much hype around institutional buying, we saw a significant correction that shook many investors.
In this context, the chart here shows MARKETSCOM:BITCOIN touching a strong resistance zone around the $76,000 level. With sentiment bullish and many expecting a breakout, BINANCE:BTCUSDT may likely trap some of this optimism and head lower first to “clear out” the overly crowded long positions. This potential pullback could lead to a more sustainable rally later after the excess sentiment has cooled.
SPY/QQQ Plan Your Trade For 11-7 : Rally Pattern DayGood morning,
Although I would argue the post-election rally may already be moving into exhaustion, the SPY Cycle Patterns suggest today is a Rally pattern in Trending mode. So, I expect the markets to attempt a bit of a carryover rally phase today - moving into a Counter-trend Rally pattern tomorrow.
That counter-trend rally pattern suggests the markets will try to find a peak/top and roll downward into the close of the week.
Gold and Silver appear to be basing with a potential for another move downward today - retesting recent lows. Based on my estimate related to Fibonacci Time Cycles, I believe Metals is looking for a momentum base to rally off of. Thus, I suggest traders prepare for a big move upward in Gold and Silver over the next 4 to 7+ trading days.
Bitcoin is still in a Bullish trending phase after breaking into new highs. Today, I spent quite a bit of time going over the Excess Phase Peak pattern related to how the price is trending and what to expect.
It is critical to understand that the markets will move away from this post-election relief rally phase over the next week or so. Ultimately, what has changed is that we have a new POTUS with new policies and objectives in 2025. Right now, everything is still pretty much the same as it was last week.
Volatility is still high and I urge traders to stay cautious. The time for adding more liquidity will come after November 25-30.
Remember, the number 1 rule for traders is to Protect Capital. You can still trade, just trade much smaller allocation levels for now.
We are about to move into a period of moderate consolidation. Sit back and wait out this sideways trend. The real opportunity will come after November 25-30.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold