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1-BTCUSD

BITCOIN 'Angle Theory' unlocking this Cycle. Is $140k the top?Exactly 1 year ago (October 02 2023, see chart below), we published a renewed approach on Bitcoin (BTCUSD) historic Cycles, using the 'Angles Theory' on the logarithmic curve to make a more accurate roadmap of the current Cycle: Back then, the price was 'just' $28000 and a few months later it catapulted to almost $74000. Below we present again the basics of that analysis, in order to refresh your memory. ** Cycle Peaks and angles ** BTC's Cycle peaks in historical order have been $32, $1250, $19800, $69800. They all made contact with the Logarithmic top Growth Curve, a historic pattern that is holding since BTC's inception. Every peak-to-peak measurement appears to be roughly half of the previous peak. The automatic angle measurements on the (red) dotted lines may differ based on the screen's display and how the horizontal/ vertical axis move but on ours (and the screenshot of the idea) goes like this: 42°, 22°, 11°. We estimate a 7° angle for the new Cycle peak on the log Growth Curve. ** Next Cycle peak? ** If we take all previous Cycles and apply them to fit the new price action towards the top of the Log Growth Curve, that 7° line gives a projected Cycle peak within $140000 - 160000 (slightly updated from our study a year ago). It is also interesting to apply the same angle principle to the Cycle bottoms. We can see that those (green dotted lines) can also roughly be half of what the previous bottom was (though the variations are higher). The new bottom is estimated to be on a 8° angle. Remarkably the angles of the tops and bottoms of each Cycle have approximately the same measurements, indicating that despite being logarithmic within a curve, they can be viewed separately in Channels. ** Last year compared to now ** So how has this Theory worked out compared to last year? Well beyond doubt, the Cycle was much more aggressive that the previous two (blue and orange) due to mainly the Bitcoin ETF launch, and is certainly more similar to the first Cycle (black). That suggests that it will top by January 2025 but the Sine Waves Tops, which have caught Bitcoin's cyclical peaks with incredible accuracy, indicate it will be around November 2025. As you can see, this is exactly where the projection of the blue and orange fractals show. But what do you think? Will the current Cycle peak at the end of 2025 and if show will it be at a minimum of $140000 and a maximum of $1600000, as the 7° angle on the Log Curve suggests? 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
2
BTC new ATH?As of October 2024, Bitcoin is in a strong but somewhat volatile position. The price has recently surged to around $68,000, which reflects a broader market rally, but has also shown fluctuations due to increased volatility and geopolitical factors. Bitcoin's market dominance has reached nearly 59%, the highest since 2021, indicating its continued strength relative to other cryptocurrencies. This rise is largely driven by factors like growing interest in Bitcoin exchange-traded funds (ETFs), which have surpassed $20 billion in inflows. But now, BTC is coming out from the trend line, new ATH is coming?
Long
by xMoranTomx
Bitcoin BTC price movement by the end of October The CRYPTOCAP:BTC price is at the final stage of a six-month correctional consolidation. In the next few days, the correction of the OKX:BTCUSDT price to $61000 may become the lowest point where most shorts will need to be closed, as well as the point for a set of longs, as they say “to a full cutlet” And if everything goes well, then by the end of October, there is a good chance to see the price of #Bitcoin at $68300-69700 And what about altcoins, you ask? They should also be fine, at least BTC.D and USDT.D hint at this. Write in the comments an altcoin that interests you, and we will analyze it and publish it here _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
22
Title: Key Support Levels for Short and Long Positions: CriticalIt seems we have experienced enough upward momentum, and now, with the support level at 66,842, a short position can be considered. However, since this position goes against the main trend, it’s crucial to set a tight stop-loss to manage risk and ensure an early exit with a favorable risk-reward ratio. The next support level for this strategy could be 65,359.8. On the other hand, if you're planning to open a long position, you might consider entering at 67,898.7, but be cautious with the stop-loss placement. A wider stop-loss would be advisable, possibly below 66,687.4, to allow room for market fluctuations.
by saeedalipour93
Bitcoin Analysis Update!!Bitcoin continues to trade within a broad ascending triangle pattern, with its recent price action showing signs of strength as it approaches a crucial resistance area. Bitcoin's moves within this pattern indicate increasing volatility, with higher highs and lows. The price is currently testing a key supply zone acting as resistance. A breakout above this level could indicate strong bullish momentum. For long entries, look for a confirmed breakout above the horizontal supply zone, targeting higher levels in the resistance zone. A stop-loss can be placed below the support of the ascending triangle to protect against false breakouts. Bitcoin's ability to maintain momentum and break key resistance levels will be key to confirming the next major move. Keep an eye on this setup and adjust strategies based on price's reaction to these levels. 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
by CryptoSanders9563
BTCUSDT trading strategy today!BTCUSDT appears to be in a consolidation phase after a recent breakout from a descending trendline that previously acted as resistance. This breakout, happening near the $66,051 level, was followed by a strong upward move, suggesting bullish momentum has strengthened. Key levels to watch: Support Zone ($66,000 - $66,500): After breaking out, the price has revisited this zone, and it now acts as a key support. Bulls are expected to defend this level to maintain the uptrend. Resistance ($67,000 - $68,000): The price has met some resistance around the $67,000 area. However, with the bullish structure intact, there’s potential for another leg higher, with the next target around $68,000 or higher. The price action shows two previous descending moves marked by ellipses, both of which were rejected around the $66,000 level before breaking out. This area continues to be a battleground, and the bulls are currently holding above it. As long as BTC stays above $66,000, further upside is likely. Projection: There’s a potential for BTC to retest the support zone before continuing the upward move. A bounce from this zone could see BTC heading towards $68,000 in the short term, as indicated by the curved blue arrow. Summary: BTC has successfully broken out of the downward trendline, and the current retest of support around $66,000 could be a healthy consolidation before the next upward push. If the bulls can maintain control, we could see BTC continue to climb towards $68,000 and beyond.
by Suyouu
BTC in Greed Zone, Overbought RSI: Correction or Instant Pump?GM crypto bro's, this morning the fear and greed index remains in the greed zone at 73, while the Stoch RSI is in the overbought area. BTC has made a slight correction this morning, and with the weekend approaching, which usually sees low volume and normal corrections, BTC may revisit the 64K - 63K range, or perhaps dip further into the 62K - 61K range. However, an instant pump back to 69K is still a possibility. Keep in mind, the market is dynamic. Don’t FOMO, always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
INDEX:BTCUSD
by x_Akki
Falling towards pullback support?Bitcoin (BTC/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance level which acts as a pullback resistance. Pivot: 66,121.96 1st Support: 64,682.99 1st Resistance: 68,372.50 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. 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.
ICMARKETS:BTCUSDLong
by ICmarkets
4
No matter what you do, the basic chart is the 1D chart Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- In order to analyze the chart, you will use various chart tools. However, if there are no support and resistance points drawn on the 1M, 1W, and 1D charts, you will find that it is difficult to conduct actual trading. In order to explain how the trend changes when there is a certain movement at the support and resistance points shown on the chart, I provided a basis by using chart tools. However, if you trust the support and resistance points drawn on the chart, you do not need to use various chart tools separately to find such basis. -------------------------------------- The 64748.70-65920.71 section is formed by the HA-High indicator of the 1D, 1W charts. Therefore, if it is supported and rises in this section, it is highly likely to show a stepwise uptrend. If it falls in the 64748.70-65920.71 section, it is highly likely to touch the HA-Low indicator. - BW (100) point of the 1W chart: 68393.48 BW (100) point of the 1M chart: 71280.01 BW (100) point of the 1D chart: 73072.41 BW (100) lines are formed at the above points. The formation of the BW (100) line means that the MACD, DMI, and OBV indicators are showing strength. Therefore, just like the HA-High indicator, the BW (100) point can be said to have shown a high point range. Therefore, if it rises above the BW (100) point, it can be seen that there is a high possibility of a strong upward trend. - In this sense, we can see that the current high point range is the 61099.25-73072.41 range. Since the HA-High indicator or the BW (100) point moves and is created by volatility over time, we should carefully observe when there is a change in the high point range. This is because at that time, there is a high possibility of creating a new wave. - The lines that make up the MS-Signal indicator are M-Signal and S-Signal. Of these two lines, the important line is M-Signal. Therefore, the M-Signal lines on the 1M, 1W, and 1D charts serve to indicate trends. It was created so that you can see the overall trend on any time frame chart. Therefore, the current indicator (HA-MS) can be said to be an indicator that expresses everything. - You can mark the HA-Low, HA-High, BW (0), BW (100), and Mid (50) points on the 1M, 1W, and 1D charts and use them as support and resistance points on the time frame charts you mainly trade. As I mentioned earlier, you can check the arrangement of the M-Signal lines on the MS-Signal indicator and create a trading strategy that matches the trend. It is recommended to start trading when the price is maintained above the M-Signal line on the 1M chart at least. If possible, it is better to start trading when the price is maintained above the M-Signal of the 1W chart when the M-Signal of the 1W chart > the M-Signal of the 1M chart. (ETHUSDT 1D chart) Therefore, ETH is currently not a good state to trade. - The StochRSI indicator seems to be showing a downward trend. However, it has not yet fallen from the overbought zone or has not yet turned into a state where StochRSI < StochRSI EMA, so it should be interpreted that the current upward strength is strong. Therefore, caution is required when trading because there is a possibility of further increase. In any case, the 64748.70-65920.71 range is formed at the current price position, so the key is whether it can be supported and rise near this range. - Have a good time. Thank you. -------------------------------------------------- - ​​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 -----------------
by readCrypto
DOES $MARA HAVE SOME ROOM TO GO UP?WITH CRYPTOCAP:BTC BREAKING OUT OF ITS CONSOLIDATION IS ONLY RIGHT EVERYTHING CRYPTO WAKES UP. WHICH BRINGS US TO NASDAQ:MARA TECHNICALS: NASDAQ:META has to regain the level of 18.52 for a pop to 19.38 if we can get a clean close above 19.38 we can see a clean run the 26.76 “REMEMBER, TREND AND VOLUME ARE THE GAS AND STEERING WHEEL THAT POWERS AND DIRECTS A MOVE IN YOUR TRADING VEHICLE (STRATEGY) , DON’T CAUSE AN AVOIDABLE ACCIDENT, TRADE SAFE”- TWINEY @T.W.I.N.E.Y
NASDAQ:MARALong
by twiney
Current BTC/USDT pair analysis based on 15m and 1D time frameWhile internally we are printing bear trends, I think we might be accumulating for further upward momentum. The potential "long" levels I gave earlier were if bearish scenarios (66449.9 : 65415.9 : 64125.9 : 63178.8) if you plan on start building a position towards the next bull run, however, if this was an accumulation for the bullish breakout, here is how you would know. At 67301.8, if we close above with a high volume and high momentum candle, we might be going for the next major BOS. Make sure you have a game plan for both potential situation.
by Nate36989
1
BTC UPDATE (12H)This analysis is an update of the analysis you see in the "Related publications" section Description is very important (read) : We are in the supply range of the previous analysis. On the left side of the chart, we have a large liquidity pool that we have identified. We have updated the resistance range. We have already talked about this range (68K-72K) and stated that when we reach this range, close your buy/long positions. Due to the dominance of Tether and the chart of altcoins, the correction ahead may be deep. For the positions, approval and trigger should be taken, in this range (68K-70K) the control will be in the hands of the sellers and in this range we are the sellers. We have two moves in mind, which we marked with numbers 1 and 2 on the chart. Wait for the next updates. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1