path to 100kgm,
as we continue to consolidate and fear begins to rise, it becomes blatantly clear to me as to what is truly going on.
we're clearly in a fourth wave.
fourth waves are notorious for creating fear, uncertainty, and doubt. they make you question weather the trend is truly over, they bore you with sideways price action which makes you hand over your hard earned coin to the one who is re-accumulating, in preparation for the next mark-up phase.
the person who is accumulating will buy everything you have to sell, 1:1. not a penny more.
whenever you run out of coin to sell, the accumulator will begin the mark-up phase, and you will likely begin to fomo back into the market after awhile, which will cause an aggressive \ parabolic push up.
---
this is a time for accumulation,
not for capitulation.
---
w5 target = 100k
---
🌙
1-BTCUSD
BTC is heading forward to unbelievable high records Hello traders and good morning,
As I said before, if you were following my analysis about the BTC and crypto in general, I have given an analysis about the.Bullish strong bullish momentum and said that price is going to reach the $100K very soon if the market of the Bitcoin keeps this strong bullish momentum.The the price ended in a high volatility.And reached an all time high. What we'll see in this month, which is the month before the last month of the year.If that bullish strong bullish momentum is kept well, the price will hit.And the nine $90,000 level and then in the last month, which is December.We will have a historical high level of Bitcoin if the buyers are still keeping that strong bullish momentum and eventually the price will hit.The $100K.Level, which will bea historical.All time high record, so please keep watching the market and.Make sure to.Get benefit of this bullish move and good luck everyone.
Well, talk to you later and good luck.
BTCUSDT Trading Strategy TodayBTCUSD is trading around 75,838 USD, showing strong upward momentum with potential for further gains. The chart highlights two critical support zones: Support 1 around 74,000 USD and Support 2 near 72,400 USD.
If BTCUSD experiences a pullback, these support levels could act as launching points for another upward move. Holding above Support 1 would strengthen the bullish outlook, targeting the resistance around 76,700 USD and potentially higher.
BTCUSD: Market Is Looking Up! Buy!
Welcome to our daily BTCUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 80,747.54$
Wish you good luck in trading to you all!
Bitcoin: Is a New Bullish Run on the Horizon? Despite Bitcoin's impressive 50% rise this year, the past six months have been challenging for investors. After the much-anticipated halving event in April, many expected a substantial surge in Bitcoin's price. However, since then, the cryptocurrency’s value has remained relatively stagnant, currently hovering around $68,600. This situation leaves investors at a crossroads: should they continue to invest in Bitcoin with hopes of significant gains, or is it time to explore other high-risk, high-reward alternatives?
The Investment Dilemma: Short-Term vs. Long-Term Outlook
If you are contemplating an investment in Bitcoin, managing expectations for the remainder of the year is crucial. Current predictions suggest that Bitcoin has about a 57% chance of reaching a new all-time high in 2024, making it essentially a coin toss as to whether it will surpass its previous peak of $73,750. The probability of Bitcoin hitting the much-anticipated $100,000 milestone this year stands at a modest 14%, further highlighting the uncertainty in the short term.
However, the long-term outlook for Bitcoin remains optimistic. For instance, investment firm Bernstein predicts that Bitcoin could reach $200,000 by the end of 2025. Visionaries like Cathie Wood, founder of Ark Invest, foresee Bitcoin soaring to $1 million by 2030. Even more ambitious, Michael Saylor, founder and executive chairman of MicroStrategy, believes that Bitcoin could reach a staggering $13 million by 2045.
For investors seeking short-term gains, Bitcoin may not be the best option at present. Tech stocks, such as Nvidia, which has seen a 159% increase this year, could offer more immediate returns. However, for those considering a longer investment horizon—five years or more—Bitcoin still presents a solid opportunity for growth.
Bitcoin’s Role in the Future Financial System
One of the most compelling reasons for Bitcoin’s long-term potential lies in its ability to transform the global financial landscape. Bitcoin is more than just a digital currency—it is underpinned by blockchain technology, which promises faster, cheaper, and more efficient financial transactions. The potential to disrupt traditional financial systems and become a cornerstone of the global economy is what makes Bitcoin an attractive investment.
Cathie Wood likens Bitcoin's potential to that of the "information superhighway" that revolutionized the internet. She envisions a "financial superhighway" where blockchain replaces the internet and economic value replaces digital information. Wood predicts that Bitcoin could reach $1.5 million within a few years, a reflection of its transformative power.
However, it's important to remain cautious about such lofty predictions. While Bitcoin’s revolutionary potential has been touted for over a decade, much of its promise as a viable payment method remains unfulfilled. For example, when was the last time you used Bitcoin for an everyday online purchase? Adoption, though growing, is still not at a level that justifies these sky-high predictions.
A New Wave of Political Support for Bitcoin
One significant shift in 2024 is the rise of political support for Bitcoin in the United States. There's growing awareness that the US is lagging behind other countries in terms of crypto adoption. High-profile politicians, including former President Donald Trump, have started advocating for America to become the “crypto capital of the world” and a “Bitcoin superpower.” The idea of a “Bitcoin arms race” with other nations is gaining traction.
In July, Senator Cynthia Lummis (R-Wyoming) proposed the idea of establishing a national strategic reserve for Bitcoin. She suggested that the US should commit to acquiring 5% of all Bitcoin in circulation, similar to how the country maintains a strategic oil reserve. While this may seem bold or even risky, it reflects the growing belief in Bitcoin’s long-term value.
These political developments add momentum to the optimistic price predictions, but it's important to remember that Bitcoin won’t skyrocket to $1 million overnight, even with the introduction of Bitcoin ETFs or strategic reserves.
Bitcoin’s Price Journey and Future Prospects
Since 2013, Bitcoin has risen from $100 to its current $68,600. If you believe in its continued upward trajectory over the next decade and are prepared to endure the inherent volatility of cryptocurrencies, it might be worth considering an investment while the price remains below $100,000.
However, the question remains: is Bitcoin ready for another major rally?
Technical and Market Insights
From a technical standpoint, Bitcoin is currently sitting on a significant dynamic resistance trendline, which it has failed to break through five times since March 2024. The more a support or resistance level is tested, the weaker it becomes. This suggests that Bitcoin may be gearing up for a potential breakout.
Additionally, the latest Commitment of Traders (COT) report reveals an interesting contrast. Commercial traders, often referred to as "smart money," are increasing their long positions, while large speculators have turned bearish. This divergence could indicate that the institutional market believes a bullish run is imminent, while retail traders remain cautious.
Adding to this, the seasonality pattern from last year showed a strong bullish run starting around this time. Could history repeat itself? The confluence of a weakening resistance, smart money bullishness, and favorable seasonality patterns could point to a new upward movement for Bitcoin.
Conclusion: Should You Buy Bitcoin Now?
Bitcoin's current situation presents a mix of opportunity and risk. While the short-term outlook remains uncertain, the long-term potential for Bitcoin as a transformative force in the global financial system is undeniable. With institutional investors showing increased interest and political support growing, Bitcoin could be on the verge of a significant breakthrough.
For those with a long-term investment horizon and the ability to weather volatility, Bitcoin remains a strong contender in the world of high-risk, high-reward assets. However, if you’re looking for short-term gains, you may want to explore other options like tech stocks, which have been delivering exceptional returns this year.
What do you think? Will Bitcoin finally break through its resistance and embark on a new bullish run? Let us know your thoughts in the comments below.
Odds favor the long side on BTC
You can clearly see that there was a volume spike that absorbed the selling of the weak hands, now you see that the volume returns to the direction of the trend up, so people are not willing to sell Bitcoin at a lower price, so the puppet master has to increase his bidding price so he can get filled after Trump WON the election.
Add to it that the price was consolidating for half a year and holding its value near the top.
Cycle repetition - Greed and Fear indexDespite all the market decline and market negativity, my prediction of the next movement still bullish until we reach $80,000$.
Reasons for this market lecture :
Greed and fear index is repeating the same cycle as 2021 bull market.
Accumulation pattern : as explained before , bitcoin is in bullish flag pattern which is the most bullish pattern in technical analysis world.
False breakout of the bullish flag pattern : this is one of the extremly bullish reversal signals.
I expect that the market will enter a short term accumulation. This accumulation will make the Greed index reaches 20 to 25. Then it will target $80,000.
Bitcoin Bullish Q4 Ahead? Historically, when Bitcoin ends September in the green, Q4 tends to see strong bullish momentum. In years like 2015, 2016, and 2023, Bitcoin posted significant gains in October through December following positive Septembers. This pattern suggests that Bitcoin could be poised for another rally in Q4 2024 if history repeats, making it a favorable time for potential price surges.
Bitcoin Set for Explosive Move After 220-Day Consolidation!BTCUSD has been in a 220-day range, similar to a previous consolidation period seen in early 2023. Historically, after such long-range trading, Bitcoin has experienced strong bullish breakouts, as shown by the green arrows. With the current range nearing its end, we could be on the verge of another significant upward move. Keep an eye on a potential breakout, which may signal the start of a new bullish trend.
Regards
Hexa
Bitcoin Breaking Out of a 220-Day Broadening WedgeBTCUSDT technical analysis update
Bitcoin has been forming a broadening wedge pattern over the past 220 days, indicating increased volatility and indecision near its previous all-time highs. Recently, BTC has been moving towards the wedge’s upper resistance line around $68K, signaling a potential bullish breakout. If confirmed, this breakout could lead to a strong upward move, with targets in the $90K-$100K range. Additionally, around $60K, the 100 and 200 EMAs are acting as strong support levels for BTC.
Regards
Hexa
BTC: Potential Bullish Opportunity After RetestBTCUSDT (Day Chart) Technical Analysis update
Recently, BTC price broke through the broadening wedge resistance line and reached the peak resistance level of the wedge. However, the price was rejected at this peak and is now retesting the broadening wedge resistance, which may now act as support. After some consolidation around this level, we could anticipate a strong bullish move, making this an attractive buying opportunity for BTC.
BITCOIN Short Trade Alert: Pullback Opportunity on 4H ChartBITCOIN (BTCUSD) Technical Analysis:
Bitcoin's 4-hour timeframe is presenting a promising short trade opportunity. The chart signals a potential pullback after testing key resistance levels. This setup is particularly appealing for traders leveraging 5x to 10x positions.
Trade Summary:
Entry Point: $76,549.8
Stop Loss (SL): $76,885.1
Targets:
TP1: $76,135.5
TP2: $75,465.0
TP3: $74,794.5
TP4: $74,380.2
Key Insights:
Trendline Breach: BTC's price action is testing a steep upward trendline, hinting at a potential reversal.
Momentum Shift: Weakening bullish momentum on the higher timeframe adds confidence to the short trade.
Risk-Reward Balance: Tight stop loss above resistance ensures a favorable risk-to-reward ratio.
Leverage Consideration:
5x Leverage: For risk-averse traders aiming for steady returns.
10x Leverage: Suitable for aggressive traders ready to maximize potential gains while managing risk.
Recommendation:
Execution: Enter short positions near the marked entry zone with targets aligned with the support levels.
Stop Placement: Keep the stop loss firm above the $76,885.1 resistance level to avoid unnecessary risks.
Trend Monitoring: Watch for sudden market sentiment changes that may invalidate the pullback.
Conclusion:
This Bitcoin short trade setup offers an excellent opportunity for traders looking to capitalize on a pullback scenario. Leverage wisely, adhere to risk management, and let the strategy play out for maximum gains.
Chart Idea - BTC Potential Bull Market TargetI have rarely seen a cup and handle created on weekly this beautifully. Acc to this cup n handle pattern, the TP is coming around $290K. I personally will start booking profits once the monthly RSI hits around 90. Bearish divergence on weekly will give further confirmation to start selling in big chunks. It doesn't matter what the price would be and what the month in that cycle would be. IMO, it will be around 3rd or 4th quarter in 2025. Let's see
Not a financial advice!!
BITCOIN BULLISH TO $77,000 (UPDATE)Bitcoin has finally smashed our $77,000 (Wave 5 Major) target like I said would happen back in September & created a new all-time-high🦾 Well done to everyone here who got into this move from my free analysis!
Unfortunately my buy position got stopped out at breakeven as you all saw, then price went back up again. But that's fine because the main thing is Bitcoin analysis was correct & played out accordingly to my Elliott Wave Theory strategy🙌
I just sold all my bitcoins after this huge rally that shows noI just sold all my bitcoins after this huge rally that shows no significant volume... the correction on BTC and ETH will be brutal. OR NOT hahaha
It's often a cautious move to exit positions when a significant price surge lacks strong volume, as it can signal a weaker foundation for sustaining the rally.
This can indicate that the market is being driven more by speculation than by robust buying pressure. If a correction does come, it might shake out weaker hands quickly and reset the market with more sustainable trends.
Opportunity? A fall in the USD dominance is coming. BRICs can potentially challenge the USD. Money being linked back to a hard asset appears on deck whether it be BTC/Gold/Silver. This bodes well for all North American jurisdiction gold and silver resource companies. Strikepoint has huge potential in massive Walker Lane, Nevada property with an interesting private partner located at the center. As well as two high grade assets in the legendary Golden Triangle.
SOLUSDT (M) - CUP & HANDLE BREAKOUT, PREDICTION 400+SOLUSDT: Cup & Handle Pattern Testing Crucial Breakout Zone (193 - 208)
SOLUSDT is currently testing a crucial breakout zone between 193 and 208. A confirmed breakout above this range could signal the resumption of a strong bullish trend, with an initial target of 315 - 350, followed by 400 - 437 in the medium to long term (2025 - 2026).
Immediate Support:
The immediate support level is at 169 on the monthly timeframe.
BTCUSD Eyes $93K Amid Institutional Buys & Post-Election InflowsFundamental Analysis:
MicroStrategy's Major Purchase: MicroStrategy’s recent acquisition of 27,200 BTC at an average price of $74,463 reinforces its bullish outlook. This buy has pushed Bitcoin's valuation and likely contributed to the recent rally, with Bitcoin now trading near $84,000. The company now holds 279,420 BTC, valued at approximately $23 billion, showcasing substantial institutional backing, which could add stability and investor confidence.
Crypto Investment Inflows: Following the recent US elections, there has been a surge in crypto investment inflows, with $1.98 billion added, pointing to renewed investor interest in digital assets. The post-election sentiment and optimism about future economic policy may further boost Bitcoin's demand, sustaining its current upward momentum.
Market Sentiment: With Bitcoin nearing its ATH, the market is at a crossroads. Some analysts predict a rally toward $100,000, while others warn of a potential correction due to overbought conditions. The massive inflows and institutional investments suggest optimism, but caution is advised due to the likelihood of profit-taking and market volatility.
Outlook:
Bullish Scenario: Stability above the $79600 resistance could propel BTC/USD toward the $92800 and $100,000, driven by strong institutional support and positive market sentiment.
Bearish Scenario: Failure to break resistance could lead to a correction, with potential support around $71,400.
Conclusion:
The BTC/USD chart reflects a strong bullish outlook, but it is crucial to remain cautious of potential corrections, especially near key resistance levels. MicroStrategy’s large-scale investment and post-election inflows provide a supportive backdrop, making a $100,000 target plausible if Bitcoin sustains its current momentum.
previous idea:
BTC - TARGET REACHED | REPLAY from OCT 2023 - NOWIt is with GREAT pleasure that I say, cheers to you and all the bulls that didn't believe the ATH was in after 74k in March! Although it may seem like I've been a perma-bull, there's been short-term bearish updates throughout the year - let's walk through it and see for yourself!
I will say this, there was a moment when I thought it might happen sooner, but generally I did repeatedly say I plan for the new ATH during December. Close enough!
It is incredibly rewarding to see the entire process playout as I speculated - based off of facts and many hours of analysis and charting since 2017. It all contributed, and makes a world of a difference.
I need some time to plan the next move from here, it will take some time to observe the top out - so keep following!
________________________
BINANCE:BTCUSDT
BTC on the Move: Are We Heading to $118K?Hey trading family, here’s what I’m seeing for BTC right now—let’s break it down:
1️⃣ BTC could push up to $86– GETTEX:87K , then correct to $83,500 or even deeper to GETTEX:82K before making its next move.
2️⃣ If BTC breaks through $86– GETTEX:87K , we’re looking at a move to $89–$91K, followed by a correction to $84–$85K, and then another leg higher.
3️⃣ The big one: BTC could slowly push through all these levels, heading to $94K on its way to the ultimate target of $118K.
Stay chill, follow the trend, and remember to trade what you see. BTC is making waves—don’t fight it, ride it.
Mindbloome Trading / Kris
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say hello btc 92-94hello guys
Before seeing my new analysis, please see my February 28 analysis. Which trader can do such a detailed analysis??
Buy now with all your might. For the purpose of 92 bitcoins.
At 92, Bitcoin may take a short break and move down a bit.
after 90 , Do not fall into the trap!!!!
3 Bullish-Bitcoin Charts 4 The Knocker-Know-It-Alls!
3 Charts very recently taken showing that BTCUSD is headed to 100,000 - possibly by the end of the week. 500,000 is possible by the end of the year - that's right only 8 weeks away.
I sometimes wonder whether some very experienced traders have a concept of value. I am speaking of the cowards who wrote Cryptocurrency off in recent months, even when big Crypto's like BTCUSD were hugging their 200 daily average on D-charts. Maybe it served their agendas, maybe revengeful attacks due to losing big sums of money on Crypto, we all been there I think.
Anyway, is FOMO striking you yet? Are you sticking to your guns not to buy Solana and Bitcoin which are suppose to increase 10-fold in the months ahead.
You see, its simply a sling-shot effect for Cryptocurrency. They were pulled back in their prices quite substantially earlier in the year, then a compression / squeeze period after their selldown (no clear direction), then brought in the sling-shot, launching Crypto prices with compounded buying momentum many more times than their original sell-downs.
Thanks for reading. Here are my accumulated positions in Crypto, in case you are wondering.
AudioUSD, HotUSD, SolUSD, FTMUSD, BTCUSD,TRXUSD, ADAUSD (biggest unrealised profits), DOGEUSD (same big runner), GRTUSD, KNCUSD, HBARUSD (only loser in the red), APTUSD (bought at the weekend & doing well).
That's it I think. Plenty of positions. You don't need this many. Only need 2 or 3 star performers.