Total 3 Crypto Market Cap multi year base BreakoutTotal 3 Crypto Market Cap excluding #BTC and #ETH trying to breakout of the previous highs of Oct 2021 during the prior Alt season. Already did try a failed breakout once. Will it succeed the next time ? For this to happen the big caps #SOL , #BNB and #XRP have to outperform.
1-BTCUSD
Here's the (GOLD) analysis based on the 4-hour time frameHere's the analysis based on the 4-hour time frame CAPITALCOM:GOLD
Analysis:
1. **Resistance Zone:**
- The price has approached a clear resistance zone (around 2660–2670) where sellers may step in. This zone has been tested before, making it significant.
2. **Bearish Price Action:**
- The recent candlesticks near resistance suggest hesitation, possibly indicating seller strength.
- If a bearish engulfing or similar rejection pattern forms, it may confirm a potential reversal.
3. **Moving Averages:**
- The moving averages (possibly EMA or SMA) show alignment below the current price, indicating a recent bullish move. However, a pullback to the moving averages is typical in such cases.
4. **Volume:**
- (Not visible on the chart) If volume is decreasing near the resistance zone, it strengthens the bearish bias.
Suggested Sell Targets:
1. **First Target (T1):** 2645
- Minor support zone and close to the first EMA.
2. **Second Target (T2):** 2621
- A previous support level and aligns with the middle of the range.
3. **Third Target (T3):** 2608
- Strong support zone; price could bounce from here.
Stop Loss:
- Place your stop loss slightly above the resistance zone, around **2675**, to avoid being stopped out by false breakouts.
Recommendation:
- Wait for confirmation via bearish candlestick patterns (like engulfing or pin bars) before entering.
- Watch the volume and any fundamental news that could impact gold.
Bitcoin - approaching the critical levelBitcoin is approaching the critical area. The price has retraced from $108k (ATH) on 17th Dec and retraced to $91325 retested the previous lower low on 26th Nov. The priced started the upside move to Fib 0.5 Level which is also the previous month mid price zone and it is now hovering over the previous week's high. The 4H candle needs to move decisively and closes above $99,800 region where the sell block is sitting for Btc to move up.
Momentum indicators in both 4H and daily are supporting the upside move initially to $104,433 region (Fib 0.786). Fib 0.786 often works as the very last line of defence for the bear so if there is not enough volume or momentum, the price often gets temporarily pushed down. If it breaks above 0.786, Btc has a very good chance of resuming the upward trend.
December 31 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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This is the Nasdaq 30-minute chart.
There is no indicator announcement today,
and unlike yesterday, the 30-minute chart is touching the resistance line.
The purple finger section 1 at the top
is the best short entry point for today.
I proceeded with a strategy of moving up to the 4 + 6 + 12 center line without adjustment.
If I'm lucky, the 4 + 6 + 12 MACD golden cross might be there.
Since yesterday was a sudden plunge without a short entry point, I proceeded aggressively from the opposite perspective,
and I'll apply it to Bitcoin as it is.
This is the Bitcoin 30-minute chart.
Looking at the current movement,
As expected, it doesn't seem to have fallen that much yesterday.
First of all, I judged that there will be no crash in Nasdaq today.
At the very least, it would be good if it moves sideways.
Also, it has touched the 4-hour and 6-hour central lines of the Bollinger Band, which can be a resistance line,
and during a short-term upward trend, the 4+6+12 MACD golden cross is in order.
On the other hand, Tether Dominance requires a vertical decline,
but instead, since the 30-minute candle is a long bullish candle,
I played a short and thick game.
I cut my loss sharply,
* When the red finger moves,
One-way long position + chase buying strategy.
1. 93,563 dollars long position entry point / stop loss price when green support line is broken
2. 96,241.5 dollars long position 1st target -> Good -> Great -> Miracle
Target price in that order.
As you can see, I chased and bought during the long negative candlestick,
and I made a bet here, not blindly, but in comparison with Tether dominance.
If it breaks the green support line today, it will be dangerous.
I think it would be good to think of the bottom as a safe rising section.
That's it....
Please use my analysis for reference and use only
and don't forget the essentials of principle trading and stop loss price...
You've worked so hard this year,
and I hope you all stay healthy and rich next year.
Happy New Year to everyone.
Thank you.
BITCOIN New year, same thing..Bitcoin (BTCUSD) has just reclaimed the 1D MA50 (blue trend-line) over the weekend and is so far successfully holding it below the price action, making it a Support.
The exact same price action took place in January last year (2024). In fact, as these 1D charts very vividly illustrate, the whole sequence from the September 06 2024 Low to today, is very similar to the sequence from the September 11 2023 Low to (so far) January 2024.
This incredible degree of symmetry is also extending to their 1D RSI and MACD fractals. The first formed Bearish Divergences under Lower Highs trend-lines, which when broken confirm the new rally, while the latter (MACD) was the early buy signal when it formed a Bullish Cross below the 0.00 mark.
If BTC continues to copy the January 2024 fractal, then we should be expecting a few more days of sideways price action, that will pave the way for the new (2nd) Rally Phase of the whole pattern. The 2nd rally peaked on the 1.618 Fibonacci extension from the September 11 2023 Low, so if the pattern replication continues, we may see a peak above $150k.
So do you think the early 2024 bullish break-out will be repeated? And if yes, are you expecting a peak as high as $150000? Feel free to let us know in the comments section below!
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Bitcoin - Will Bitcoin return to above $100,000?!Bitcoin is above the EMA50 and EMA200 in the four-hour time frame and is trading in its ascending channel. Capital withdrawals from Bitcoin ETFs or risk off sentiment in the US stock market will pave the way for Bitcoin to decline. One can look for Bitcoin sell positions in the supply zone.
Bitcoin's downward correction and its placement in the demand zone will allow us to buy it. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important.
In 2025, key narratives in the cryptocurrency market are expected to include asset tokenization, artificial intelligence, and Bitcoin as a reserve asset. Experts also predict that meme coins might become a major trend, while maintaining caution regarding Solana and Ripple ETFs.
In 2024, the crypto market experienced increased adoption and institutional investment. Experts anticipate significant trends in 2025 as the market matures and Bitcoin’s upward trajectory continues.
ETF providers are exploring more innovative and potentially riskier ways to attract investors to cryptocurrencies. New applications submitted to the U.S. Securities and Exchange Commission (SEC) include ETFs converting S&P500 returns into Bitcoin and funds investing in convertible bonds to purchase Bitcoin.
Additionally, Volatility Shares aims to launch inverse and leveraged Solana funds.If approved, more than ten new cryptocurrency-related funds could become available to investors in 2025.
Reports indicate that the Bitcoin network settled over $19 trillion in transactions in 2024, more than double the $8.7 trillion settled in 2023.
At the height of the 2021 bull market, Bitcoin’s transaction volume reached approximately $47 trillion. However, this volume significantly declined in 2022 and 2023. Nevertheless, in 2024, Bitcoin’s network reestablished itself as a store of value and medium of exchange with over $19 trillion settled.
Robert Kiyosaki, author of the best-selling book Rich Dad, Poor Dad, has predicted Bitcoin’s price to range between $175,000 and $350,000 in 2025. A strong advocate of Bitcoin, Kiyosaki believes the cryptocurrency can serve as a hedge against global economic volatility.
According to data from SaylorTracker, MicroStrategy currently holds 446,400 Bitcoin worth approximately $43.7 billion. Michael Saylor, co-founder of MicroStrategy, shared a Bitcoin chart from SaylorTracker on January 5, hinting at potential Monday purchases. He tweeted, “Something on SaylorTracker.com doesn’t seem right.”
The previous week, on December 29, Saylor shared a similar chart, and on December 30, MicroStrategy purchased 2,138 Bitcoin at an average price of $97,837 per unit. These purchases are part of the company’s 21/21 program, which aims to acquire $42 billion worth of Bitcoin through $21 billion in stock issuance and $21 billion in fixed-income securities.
MicroStrategy’s inclusion in the Nasdaq Index on December 23, 2024, provided traditional stock investors indirect exposure to Bitcoin through ETFs. Following its inclusion, the company held a special shareholder meeting to secure approval for increasing funds to buy more Bitcoin.
According to a December 23 filing with the SEC, MicroStrategy has requested shareholder approval to increase its Class A common stock from 330 million to 10.3 billion shares.
Bitcoin: lower strengthAfter a bumpy end of the previous year, BTC started the year 2025 with a positive sentiment, however, with lower trading volumes. This is usual for the first week of the year, considering that many investors took some time for the New Year`s celebrations. BTC was traded within a range of $92,3K up to $98,6K reached as of the weekend. It could be expected that the market will soon start gearing up for trading the year 2025, with high expectations of the new US Administration entering the office on January 20th. These would be days to watch when the crypto market is in question, considering pre-election narrative in favour of the cryptos and current market rumours that the US should hold part of reserves in BTC.
The RSI continues to move around the level of 50, indicating that the market is not ready to take the trading side. Within the previous period, a clear oversold side has not been reached, while there is currently no strength for a move toward the overbought market side. The moving average of 50 days continues to modestly diverge from MA200, indicating that the cross is still not in the store in the coming period.
Start of the year is usually a relatively relaxed period of time, considering the Holiday season. However, from the week ahead, it could be expected that investors will start gearing up for the trading season in 2025. Based on current charts, there is some probability that BTC might revert a bit from current levels, in order to test the support line at $95K. On the opposite side, the $100K still holds as a target, however, it is questionable if it is going to be reached in the week ahead.
BITCOIN (BTC/USD) BASED ON 1H-TIME FRAME ANALYSIS,
Based on the chart you provided, here's the current analysis:
1. **Current Price Action**:
- BTC is trading near 97,800, within a rising channel.
- There are visible higher highs (HH) and higher lows (HL), confirming the bullish momentum in the short term.
2. **Resistance Zone**:
- The key resistance is marked at 99,000 (blue zone), where BTC previously reversed. This is a strong area to watch for potential selling pressure.
3. **Support Levels**:
- Immediate support lies near 97,000 (orange zone).
- A deeper support zone is visible around 95,500 to 96,000, which aligns with previous demand and bullish order blocks.
4. **Potential Scenarios**:
- If the price continues its upward trend, a test of the 99,000 resistance zone seems likely.
- Rejection from 99,000 could signal a retracement back to the 97,000 or even the 96,000 level for support retests.
- Breaking and closing above 99,000 might open the door for BTC to target higher levels, possibly 100,000 or beyond.
5. **Market Structure**:
- The chart shows a recent break of structure (BoS) to the upside, indicating bullish strength.
- However, keep an eye on any potential change of character (ChoCh) near the resistance zones, which might suggest a reversal or slowdown.
My Suggestion:
- **For Bulls**: Look for buying opportunities on pullbacks near the 97,000 or 96,000 support zones with a target near 99,000.
- **For Bears**: Wait for confirmation of rejection near the 99,000 resistance zone before considering a sell, targeting the lower support zones (97,000 or 96,000).
Could the Bitcoin reverse from here?The price is rising towards the pivot which aligns with the 61.8% Fibonacci retracement and could reverse to the pullback support.
Pivot: 101,945.49
1st Support: 91,763.50
1st Resistance: 108,400.14
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BITCOIN LONG TRADE SETUPA clear long trade entry was identified at $98,089 using the Risological Swing Trading Indicator .
The setup is already progressing positively, targeting levels:
TP1: $102,183.9
TP2: $108,809.5
TP3: $115,435.1
TP4: $119,529.7
Key Stats:
Current volume: 16.01K
30-day average volume: 96.64K
The trade setup aligns with a strong upward trend, providing excellent potential for hitting all targets efficiently.
$MANTA will rebound ?OMXHEX:MANTA is coin that having huge pros & cons, while since March we see that this coin dumped so deep from $3,8 to $0,6.
Now hovering around $0,94 as i write this idea. MANTA will rebound to $1,5 at least, if market still Fear, still good.
but to reclaim $3,8 level? still we have to monitor and MANTA have to gain public trust again.
somehow, i still have to say, this crypto coin isnt that bad, good project, good prospect i think. let see MANTA at $1,5 first.
Bitcoin: Bullish Until 90K Is Broken.Bitcoin has found support in the low 90K area (read my previous week's analysis). As long as 90K stays intact it is within reason to continue to have bullish expectations. Also wrote in the previous article that overly optimistic expectations are not in line with the developing price structure. Based on the inside bar formation that is developing now (see arrow), price is likely to test the 102,500 area minor resistance. IF it gets there, and what happens after is anyone's GUESS. The idea here is to be prepared for the coming week by coming to the market with a sense of context while at the same time being open to ANYTHING. The market decides what actually happens, the only thing we can do is adjust and follow.
I like to think of everything within a limited range of scenarios. "If this scenario, then that" or "if this other scenario, then that other outcome". For example, IF the current candle closes as a doji and the high is cleared over the next day, price is likely to squeeze into the next resistance area which happens to be in the 102Ks (see thin rectangle). This information can help you to prepare for bullish setups and confirmations on smaller time frames to capture a portion of the 4K point potential. This is where a confirmation tool like my Trade Scanner Po comes into play. You come to the market with an idea and the tool provides an objective confirmation with defined risk and profit objective.
IF the current candle develops into a bearish engulfing instead, that would cancel out the bullish idea and increase the likelihood of price retesting the 90K AREA support zone. A location where long setups should be anticipated UNTIL the level is compromised. Again the market moves first, and then from there we can better anticipate the following movement.
At this point there is not much to do but wait for a confirmation one way or the other. The 100K area may also act as a psychological resistance so taking swing trades or positions with longer time horizons carries a lot more risk compared to signals around the low 90ks.
How you navigate the market depends heavily on the time horizon you choose. Smaller time horizons have smaller associated risk, but a larger amount of noise and false signals. Larger time frames are less noisy and offer larger movements, but the risk is much greater. It is possible to operate on multiple time frames but requires a decent amount of experience.
And while Bitcoin is still generally bullish, that does not mean it will stay that way. It is better to keep an open mind than to get married to an opinion ESPECIALLY if the source of that opinion came from some "expert". For better perspective, keep an eye on the weekly or monthly time frame. If the low of the current monthly candle is compromised, some kind of corrective move is likely to follow, NOT BTC 1.2 million.
Thank you for considering my analysis and perspective.
$BTC - Quick Market Updates CRYPTOCAP:BTC stalled or consolidating at the high, retesting its immediate resistance at 98.5k
98.5k remains to be the trouble zone that we need to reclaim. If we continue to reject at this level (m_rvwap) , we might test 96.6k (npoc) to 96.1k (poor low)
Would love to see we hold the value area low, but we'll see how the weekly closes!