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1-BTCUSD

BITCOIN What lies ahead after this correction? The DXY x-factor.Bitcoin (BTCUS) is having in the past 2 weeks the technical correction is should based on the previous Bull Cycle. As you can see, since the U.S. elections it has rallied aggressively past its previous All Time High (ATH), same way it did in December 2020. ** Bitcoin and Doge during 2020 ** At the same time, the alt coin market was mostly consolidating in preparation of a bullish break-out. A representative example of such behavior would be Dogecoin (DOGEUSD) as seen in orange on this chart, which during BTC's December 2020 rally, it was consolidating/ pulling-back (green circle) from an initial rally. However it remained significantly below its previous ATH, the same way it is now. ** The DXY decline sparking crypto rallies ** Notice the U.S. Dollar Index (DXY), displayed by the green trend-line on this chart. Right now it is has been rallying in the past three months, at the same time as Bitcoin has. In the previous Cycle in 2020, it hit a top during the COVID March 2020 market crash and with the smashing of the Interest Rates, it started a Channel Down decline that backed perfectly Bitcoin's rally. We has the exact same DXY-backed rally during Bitcoin's 2017 Bull Cycle. As a result, we are seeing a paradox on the current Cycle: BTC entering its most aggressive phase (Parabolic Rally) of the Bull Cycle and rallying despite DXY rising. That is attributed of course to a large extent to the huge ETF inflows (something that wasn't present in 2020). ** Overdue DXY decline? ** This leads us to believe that an overdue decline on the DXY, just as the Fed has initiated a new cut Cycle (as they did during the COVID crash), will push Bitcoin and especially the alts market, including Doge, to a new rally. Of course DXY's decline may not be as aggressive this time, as the stimulus shouldn't be that high (especially with Powell's recent remarks on a 2 rate cut expectation in 2025 instead of the previous projection of 4), but it could be enough to spark the final BTC rally of the Bull Cycle and the much anticipated Altseason. So do you think the market will rally once more on a potential 'delayed' DXY drop? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
11
DXY Trading plan Here’s a more detailed CAPITALCOM:DXY DXY Trading Plan: - **Buy Entry:** Enter a buy position around **107.800**, watching for price action confirmation at this level. - **First Target:** **108.000** – This is the immediate resistance and serves as a safe partial profit-taking level. - **Second Target:** **108.300** – A key resistance level, ideal for booking the remaining profits. Risk Management: - If **107.800** fails to break out or shows signs of reversal, **close the trade immediately** to minimize potential losses. Look for candlestick patterns, rejection wicks, or bearish momentum as warning signs. Additional Notes: - Monitor DXY momentum and overall trend direction on the 1-hour timeframe. - Keep an eye on related macroeconomic data or news events that could impact dollar strength.
CAPITALCOM:DXYLong
by TRADE_CENTER_1
Altcoin Predictions for 2025What’s Next After BTC’s Stellar 2024 Performance? The crypto market is buzzing as we wrap up an unforgettable 2024. Bitcoin (BTC) stole the show this year, gaining an impressive 130% during a bull run driven by the crypto-friendly atmosphere created by the U.S. elections and the dynamic combination of Donald Trump and Elon Musk. While this explosive growth in BTC caught many by surprise, it left the altcoin market largely in the shadows. So, as we look ahead to 2025, what should we expect? Especially for altcoins? The BTC-Altcoin Divergence Bitcoin and altcoins seemed to operate on entirely separate dimensions in 2024. BTC’s decentralized nature and its position as a “secure” bet made it the star of the crypto world. Altcoins, on the other hand, struggled to gain meaningful traction, highlighting their higher risks and their dependence on centralized teams or networks for development. This divergence raises a key question: will altcoins continue to lag behind in 2025, or is there a recovery on the horizon? The Financial Markets’ Influence on Crypto A fundamental driver of crypto markets is their strong correlation with traditional financial markets—around 80% historically. The past two years have seen unprecedented growth in financial markets, with the S&P 500 delivering over 60% returns. This momentum fed directly into BTC’s meteoric rise, but altcoins didn’t experience the same lift. As history shows, sustaining such bullish momentum for three consecutive years is rare. If financial markets enter a period of consolidation or correction in 2025, this could trickle down to crypto markets. Based on this correlation, a mild correction in BTC or a sideways trend seems more likely than another year of exponential growth. The Altcoin Outlook: Challenges Ahead Altcoins face a tougher road ahead. While BTC is bolstered by announcements of central banks planning to add Bitcoin to their reserves—potentially injecting massive liquidity into the market—altcoins lack this institutional tailwind. Key challenges for altcoins in 2025 include: 1. Market Fragmentation: The growing divergence between BTC and altcoins highlights a maturing market where Bitcoin increasingly serves as a “store of value” akin to digital gold, while altcoins are perceived as speculative assets. 2. Regulatory Pressure: As governments worldwide refine their crypto policies, altcoins—often more centralized—could face stricter scrutiny than Bitcoin. 3. Limited Institutional Adoption: While BTC is gaining traction among institutional players, altcoins remain largely retail-driven, making them more susceptible to volatility and less likely to see large-scale capital inflows. What to Expect in 2025 Given these factors, here’s a summary of our expectations for the crypto market in 2025: 1. BTC to Hold Steady or See Modest Growth: With central banks exploring BTC reserves and its growing status as a safe-haven asset, Bitcoin’s price could remain stable or see mild upward movement, even in a lackluster broader financial market. 2. Altcoins to Face Headwinds: The altcoin market is likely to face increased scrutiny, limited momentum, and the challenges of differentiating itself from Bitcoin. Only projects with strong fundamentals, clear use cases, and active communities are likely to outperform. Here is my wild guess: SOLANA. 3. Sideways or Corrective Market Movement: With the financial markets cooling off after two frenzied years, crypto markets may follow suit, resulting in a year of consolidation or minor corrections across the board Final Thoughts While 2024 will be remembered as a banner year for Bitcoin, 2025 may mark a period of recalibration for the broader crypto market. BTC’s growing institutional adoption and status as a macroeconomic hedge will likely ensure its resilience. However, altcoins could struggle to find their footing unless they can offer compelling value propositions beyond speculative trading. As always, crypto markets remain highly dynamic, and unexpected catalysts could reshape these predictions. Investors should stay vigilant, keeping an eye on both macroeconomic trends and developments within individual crypto projects.
NASDAQ:XAILong
by themr-im
DAY 7 - Daily BTC UpdateThe Holidays have slowed the markets - for now. I've introduced a third potential scenario for Bitcoin (BTC), which is bearish and might see the price retesting the DAILY 100 Moving Average near $80K. Although this scenario seems less probable given the current market sentiment, where large corporations and businesses are actively accumulating, it's crucial to consider all possible outcomes to avoid the pitfalls of an "up-only" mindset prevalent in bullish markets. Remember, corrections are healthy and contribute to the robustness of the overall market pattern. After yesterday's positive momentum shift, we've again seen a lull in the market and increased sell pressure as the US gears up for tax season. The recent price movements in Bitcoin indicate an adjustment to overbought conditions following the election, with technical indicators suggesting a continuation of the bearish trend in the short term unless there's a significant influx of buying support. Keep an eye on these developments, as they could dictate the next moves in Bitcoin's price trajectory. Trading Tip: As we have no confirmed direction currently - One effective strategy during volatile periods like this can be the "Dollar-Cost Averaging (DCA)" approach. Instead of trying to time the market, you regularly invest a fixed dollar amount, regardless of the asset's price. This method reduces the impact of volatility by spreading out the purchase price over time. For Bitcoin's current scenario: Set a regular schedule: Decide to buy a fixed amount of Bitcoin weekly or monthly. Stay disciplined: Avoid investing more when prices seem low or less when they're high. Consistency is key. Long-term perspective: DCA works best if you hold for the long term. It allows you to benefit from the average price over time rather than trying to predict short-term movements. This approach can mitigate the risk of entering the market at peak prices and can lead to purchasing more units when prices are low, potentially lowering your average cost per Bitcoin over time. Remember, while DCA can smooth out the volatility, it does not guarantee profits and should be part of a broader investment strategy considering your risk tolerance and financial situation! Thanks for following the 7 Days of BTC updates, and if you want these Daily - links are in my Bio :)
by LisaNEdwards
1
TURBOUSDT: Promising Setup for Short- to Mid-Term GainsI spend time researching and finding the best entries and setups, so make sure to boost and follow for more. Turbo ( OKX:TURBOUSDT ): Promising Setup for Short- to Mid-Term Gains Trade Setup: - Entry Price: $0.0096522 - Stop-Loss: $0.0063183 - Take-Profit Targets: - TP1: $0.0150133 - TP2: $0.0230523 Fundamental Analysis: Turbo ( OKX:TURBOUSDT ) is a meme-inspired cryptocurrency that continues to thrive due to its active community and strong engagement. MYX:TURBO has carved out a niche in the competitive crypto market, leveraging its branding and community dynamics to attract a loyal following. With the recent bullish momentum across meme coins, MYX:TURBO is well-positioned for a potential rally. Technical Analysis (4-Hour Timeframe): - Current Price: $0.0096522 - Moving Averages: - 50-EMA: $0.0092000 - 200-EMA: $0.0085000 - Relative Strength Index (RSI): Currently at 58, signalling growing bullish sentiment. - Support and Resistance Levels: - Support: $0.0090000 - Resistance: $0.0110000 The 4-hour chart shows OKX:TURBOUSDT forming higher lows, indicating a strengthening trend. If OKX:TURBOUSDT breaks above the immediate resistance at $0.0110000, it could quickly move toward TP1 and beyond. Market Sentiment: Market sentiment for OKX:TURBOUSDT remains positive, driven by increasing trading volumes and renewed interest in meme coins. The broader crypto market recovery provides a supportive backdrop for this move. Risk Management: A stop-loss at $0.0063183 ensures manageable downside risk, while the take-profit targets provide excellent risk-reward ratios. TP1 offers a potential gain of **55%**, and TP2 offers a gain of **139%,** making this setup ideal for swing traders. Key Takeaways: - OKX:TURBOUSDT shows strong technical and market momentum, making it a compelling short- to mid-term trade. - The trade setup offers attractive risk-to-reward ratios for traders seeking to capture the upside potential of meme coin rallies. - Disciplined adherence to stop-loss and target levels is critical in navigating the volatility of this market. When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All! *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Long
by SiriusTrading
1
Microstrategy - Might Break Lower Chart Pattern - Lower Crypto?Micro-strategy is currently hovering around the lower breakout point of the current Pennant or Triangle chart pattern. If this is not a fake out, it could signal lower prices to come for crypto's across the board. If it holds, I expect it to move to the upper area of the pennant or triangle and if it breaks, we will see newer ATH for BTC and other Alt Coins. BTC and the other major Alt Coins are all holding just above chart patterns that signal lower prices to come, so I expect lower prices, but with this lower volume during the holidays, manipulation is very possible from smart money and the market makers. Trade carefully.
NASDAQ:MSTRShort
by swineninety9
BTC Bitcoin Among My Top 10 Picks for 2025 | Price TargetIf you haven`t bought BTC Bitcoin before the recent breakout: My price target for BTC in 2025 is $125K, driven by the following fundamental factors: Regulatory Developments Favoring Adoption: The anticipated regulatory shifts in the United States are expected to create a more favorable environment for cryptocurrencies. With the potential for pro-crypto policies under a new administration, including the establishment of Bitcoin as a strategic reserve asset by major nations, investor confidence is likely to increase significantly. Analysts suggest that such developments could drive the total cryptocurrency market capitalization from approximately $3.3 trillion to around $8 trillion by 2025, with Bitcoin poised to capture a substantial share of this growth. Increased Institutional Demand through ETFs: The launch of Bitcoin exchange-traded funds (ETFs) has already begun to transform the investment landscape for Bitcoin, making it more accessible to institutional and retail investors alike. Following the successful introduction of multiple Bitcoin ETFs in 2024, analysts project that inflows could exceed $15 billion in 2025, further boosting demand for Bitcoin. This increased accessibility is expected to drive prices higher as more investors seek exposure to the asset class. Supply Constraints from Halving Events: Bitcoin's supply dynamics are fundamentally bullish due to its halving events, which occur approximately every four years and reduce the rate at which new Bitcoins are created. The most recent halving in April 2024 has led to a significant reduction in supply inflation, creating scarcity that historically correlates with price increases. As demand continues to rise while supply becomes more constrained, this fundamental imbalance is likely to support higher prices. Growing Adoption as a Store of Value" As macroeconomic conditions evolve, including persistent inflationary pressures and potential monetary policy easing, Bitcoin is increasingly viewed as a viable store of value akin to gold. This perception is bolstered by its finite supply and decentralized nature, making it an attractive hedge against inflation. Analysts suggest that as more investors turn to Bitcoin for wealth preservation, its price could see substantial appreciation
Long
by TopgOptions
Bitcoin retreats lower After completing five waves of accelerated rise, Bitcoin is currently entering a correction downward trend. The current price has broken through the rising channel and rebounded at 92,000, which forms a relatively important support level. If the price falls below this support, the next support range may be close to the starting position of the previous rising wave, around 86,000. After the price rebounded to 100,000 points, it was under pressure and formed a double top structure. This position is also the previous long-short dividing line. Therefore, overall, Bitcoin is still in the five-wave correction stage in the short term. If 100,000 points cannot be broken, the upward pressure still exists. If the price is suppressed at this position, buying operations will not be considered in the short term. In the short term, the decline of Bitcoin after the surge is in line with the overall bearish trend. Pay attention to the narrow adjustment of the 97,600-99,500 range above. If it rebounds to this area, you can continue to consider shorting. Downward support can focus on the two key points of 94,800 and 92,600. If you have any different opinions on the market trend, please leave a message and like it. Thank you
Short
by RonPeter_Trading
SPY/QQQ Plan Your Trade for 12-26-24 : Inside Breakaway PatternThis, being the day After Christmas, could be a very volatile trading day. I suggest traders sit back and let the morning volatility settle before attempting to make any big trades. I believe the markets will seek direction after Christmas and look to attempt to move into a Reversion phase (likely trending upward into the end of 2024). Overall, I believe the Anomaly event has completed - yet there is still risk for the markets to move lower before the end of Feb 2025. Follow my research and pay attention to how large the recent Daily price bars are compared to previous ranges. The current market volatility is MASSIVE. There is no reason skilled traders are not able to profit from some of these big price swings. Gold and Silver enter a CRUSH pattern. This could be a huge price move for Gold & Silver today. Bitcoin is sliding into the Consolidation Phase of an EPP pattern. This could result in another breakdown towards $72k if the EPP pattern plays out. Buckle up. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
BTCUSD Daily Inflection Point UpdatePreviously I mentioned the weekly was consolidating, but there is potential for this momentum consolidation to have a breakout leg as momentum shifts and the final emotional price movements are played out. I was too conservative in my price projections; a lot more than I used to be- but there wasn't a whole lot of TA involved- I figured the dollar issues would crop up earlier. Now that the Fed had pivoted. the yields are creeping back up pushing bitcoin back down. The fed doesn't let on just how dire the situation is- and with global tensions rising, the dollar is at significant risk. I expect a broad correction in all the markets- and cash to become very tight. There is daily momentum consolidation- and if any other events occur that send yields upward- bitcoin is likely to suffer as a consequence. If instead we sail into the new year unscathed- then this consolidation may provide another leg up; but a break below 88k and a push towards 60k may solidify bitcoins correction. DAILY WEEKLY
COINBASE:BTCUSDShort
by Mikhiavelli
GOLD sell setup If you’re planning a **sell entry at 2630** for gold, here’s a detailed plan for your setup: --- ### **Sell Entry at 2630** #### **Rationale for 2630 Entry**: 1. **Resistance Zone**: - 2630 is a psychological and technical resistance level where sellers might dominate. 2. **Overextension**: - If gold reaches this level after a strong upward move, it could indicate overbought conditions and exhaustion. 3. **Market Sentiment**: - Failure to sustain above 2630 would confirm bearish sentiment and likely trigger selling pressure. --- ### **Trade Setup Details** #### **Entry**: - **Sell at 2630**, ideally after confirming a rejection (e.g., bearish candlestick patterns like a shooting star, bearish engulfing, or strong wick rejections). #### **Stop Loss**: - Place the stop loss slightly above 2635 to protect against false breakouts. - Alternatively, use the ATR (Average True Range) to calculate a dynamic stop. #### **Take-Profit Targets**: 1. **Target 1**: 2620 - This is the next key support and provides a conservative risk-reward. 2. **Target 2**: 2608 - A strong support zone where buyers might re-enter. 3. **Target 3**: 2600 - If the bearish momentum is strong, this level could be reached. --- ### **Confirmation Signals Before Entry** 1. **Candlestick Patterns**: - Look for a rejection near 2630 with patterns such as: - Shooting Star - Evening Star - Bearish Engulfing 2. **Momentum Indicators**: - **RSI**: Overbought readings (above 70) near 2630 confirm exhaustion. - **MACD**: A bearish crossover or divergence around 2630 strengthens the sell case. 3. **Volume Analysis**: - Declining volume on the move up to 2630 indicates a weakening bullish trend. --- ### **Risk Management** - **Risk-to-Reward Ratio**: Aim for at least 1:2 or 1:3 to ensure a favorable outcome. - Avoid entering immediately if price breaks above 2630 without signs of rejection. --- ### **Fundamental Watch** 1. **DXY Correlation**: - If the DXY strengthens (moving toward 108.100), it aligns with a bearish gold move. 2. **Economic Data**: - Monitor for any major data releases (e.g., U.S. GDP, inflation data, or Federal Reserve comments) that could influence gold prices. CAPITALCOM:GOLD -
CAPITALCOM:GOLDShort
by TRADE_CENTER_1
Bitcoin[BTC] - Do you see a similarity ?#BTC/USD #Analysis Description --------------------------------------------------------------- + Dec 2024 Bitcoin chart looks exactly like the pattern of the Dec-2023 + In Dec-2023 we saw similar channel formation and price broke down from the support line briefly and then bounce back in January. + The same pattern we are seeing now, channel formation completed and price broke down from the support line of the channel. + I'm expecting price to decline further upto 85k zone and bounce back from there. + A bounce back from this zone will push the bitcoin price parabolic. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
BITSTAMP:BTCUSDLong
by VectorAlgo
4
Bitcoin - Playing around weak support#BTC/USDT #Analysis Description --------------------------------------------------------------- + Currently bitcoin is trading around its support zone of 95K and this is weak support which held and broke multiple times. + Strong resistance for bitcoin is around 92K, if bitcoin falls to this level, we can expect the support to hold. + I'm expecting a drop in price with a wick to touch 92K and bounce back immediately. + If bitcoin breaks below 92K then we can expect further crash to 80K level. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
2
BTCUSDT Analysis: Breaking Key Levels on Dec 26, 2024Context and Analysis: Today’s Bitcoin price action saw a significant drop after consolidating near critical levels overnight. Here's a breakdown of key observations: Initial Consolidation: Price hovered within the Bear Day resistance zone around $98,400-$98,600 for several hours. This area was tested multiple times, reflecting significant selling pressure. Breakdown Confirmation: Early in the session, BTC broke below the Day support level at $97,800, triggering high-volume selling momentum. The decline was swift, heading towards the Bullish Weekly support zone ($97,200) but offering little relief. Current State: Price is now testing the Day-ATR low ($95,200), a critical intraday level. This aligns with broader market sentiment showing weakness and a potential continuation of the bearish move. Volume Profile Insight: The Point of Control (POC) near $98,400 acted as a ceiling, further solidifying the bearish outlook when the price was rejected at this level. Outlook: Bulls need to reclaim the $96,400 swing close level to stabilize and attempt a recovery. Failure to hold above the current ATR low could open the door to further downside exploration. Takeaway: Bitcoin is experiencing heavy selling pressure today, losing critical support zones one by one. Traders should monitor the $96,400 level for signs of reversal or a continuation of the bearish momentum.
by peteramner
Understanding Moving Averages (MA): A Beginner’s GuideMoving Averages (MA) are among the most fundamental and widely used tools in technical analysis. They smooth out price data to create a trend-following indicator, helping traders identify the direction of an asset’s trend over a specific period. What is a Moving Average? A Moving Average calculates the average price of an asset over a set number of periods. By doing so, it reduces the impact of random price fluctuations, providing a clearer picture of the trend. There are two main types of moving averages: Simple Moving Average (SMA): The SMA is the arithmetic mean of prices over a specified number of periods. Formula: Exponential Moving Average (EMA): The EMA gives more weight to recent prices, making it more responsive to price changes. Formula: Smoothing factor: How to Use Moving Averages Trend Identification: Rising MA: Indicates an uptrend. Falling MA: Indicates a downtrend. Flat MA: Suggests a sideways or range-bound market. Crossover Signals: Golden Cross: When a short-term MA (e.g., 50-day) crosses above a long-term MA (e.g., 200-day), signaling a potential uptrend. Death Cross: When a short-term MA crosses below a long-term MA, signaling a potential downtrend. Dynamic Support and Resistance: Moving averages often act as support in uptrends and resistance in downtrends. Prices tend to bounce off the MA during retracements. Combination with Other Indicators: Moving averages can be paired with RSI, MACD, or Bollinger Bands for better signal confirmation. Strengths of Moving Averages Simplicity: Easy to calculate and understand. Trend Focused: Effective in identifying and confirming trends. Versatility: Applicable to various timeframes and markets. Limitations of Moving Averages Lagging Nature: Moving averages are based on past prices, which can delay signals. Less Effective in Sideways Markets: May produce false signals in range-bound conditions. Best Practices for Using Moving Averages Choose the Right Period: Shorter periods (e.g., 10, 20) make the MA more sensitive to price changes, suitable for short-term trading. Longer periods (e.g., 50, 200) provide a smoother line, ideal for long-term trend analysis. Combine with Multiple MAs: Use a combination of short-term, medium-term, and long-term MAs to understand different trends. Context Matters: Understand market conditions. Moving averages work best in trending markets and are less reliable in choppy conditions. Example of Moving Averages in Action Imagine a stock is in a clear uptrend, with the price consistently trading above its 50-day SMA. When the price retraces and touches the 50-day SMA but bounces upward, this can act as a signal to enter a long position. If the price breaks below both the 50-day and 200-day SMAs, it may indicate a trend reversal. Conclusion Moving Averages are a foundational tool in technical analysis that helps traders identify trends, dynamic support and resistance levels, and potential entry or exit points. While they are simple to use, their effectiveness improves when combined with other indicators and a solid understanding of market dynamics. As always, backtest your strategies and adapt your moving average settings to your specific trading style and market conditions.
Education
by Cryptonic_Trading
Bitcoin"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
COINBASE:BTCUSDLong
by Golden_candle