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100k

BTC/USDT Scratching the 64k$ all-time high. Is 100k$ next?Intro: - Bitcoin is the first of its kind as cryptocurrency and is looked at a store of value like gold , just better. - The whole crypto market follows in some way the movements of the Bitcoin price while being much more volatile. - SEC confirmed that crypto will not be banned and especially Bitcoin and Ethereum will not be banned. - Finally the first ETF in the USA is through and live. Many more to follow. Daily chart: - Price shows an upwards breakout out of the purple parallel channel. We now possibly form the next bullflag below the old 64k$ all-time high. - Volume is on a steady decline since Mai and rather low for a breakout. This means currently there is not much resistance from sellers. Considering only the last 10 days volume starts to increase but not by much. - RSI analysis shows a breakout as well and faced resistance around the 70 line. We passed that and now look closely to the 80 line. Crossing that line would signal the first warning that we are within overbought territory and probably should expect a pullback. - Support lines are at 59k$, 48k$, 41k$ and 30k$. The top of the parallel channel can act as support as well. - Resistance lines are possibly at 64k$. Afterwards we are free to fly. Expectation: - We expect a further price appreciation during the next three months and a solid recovery into October. So far October does not disappoint but don't get ahead of yourselves, the 100k line is still far away. - Now after the approval of the first Bitcoin ETF in the US we expect that many will follow and even more people and institutions are exposing themselves to Bitcoin. - We expect some sort of consolidation below the 64k$ line. A breakout seems imminent and we expect it to happen during the next 3 weeks. - End of the year prediction: We will see a 100k$+ Bitcoin before the end of 2021. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Specials: - Boxes represent either entry zone or support zone . Check the description. - Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Long
by tumbler55
BITCOIN TO 90K+BTC wild analysis :: Bitcoin Trading above $62,000 and nearly touches $63,000 for the first time since mid-April. BTC is in the bulls’ hands; a break above $65,000 would quickly push BTC to $68,000. Bitcoin settled above $60,000 following an impressive run last week. and we got a weekly closure above the major resistance 59,000$ - 60,000$. Now there is the beginning of the crypto king new bull cycle. . Bitcoin trades at $62,100 at the time. A minor correction occurred till the support at $59,000 and again up. As long as Bitcoin holds onto $62,000, bulls will focus on the all-time highs near $64,000 and then the quick leq upto $68,000. Now lets move on to the Head and shoulder pattern, so head and shoulder pattern is the bullish pattern where we see there is a head (Lowest point) shoulders (major support) Neckline (resistance) so we had the breakout from the neckline (58700 - 60000) and now we will see a great pump and I don't think we will get a correction below 58700, now we are ready for 68k , 75k and 90k levels with small corrections. ( Safe trading) Support: $60,000 - $59,000 Resistance: $64,000 - $65,000 Bitcoin Signal (Long term) Buy 60,000 - 62,300 TP 1 :: 68,000$ TP2 :: 75,000$ TP3 :: 90,000$ IT will not hit tp's in 1 week it can take 1.5 - 2 months. Love you all #chuffgang
BINANCE:BTCUSD.PLong
by M_Crypto69
Latest Bitcoin Projection - Peak #1 between Jan-March 2022Here is my latest Bitcoin Projection. This longish bear trend is almost over! I projected a few months ago, that it would hit its lowest peak between early - middle October. My guess was around October 9. After that, we should swing upwards to our previous high, at which point we will level out from selling pressure. But by then, its too late, the price will have sent people into a frenzy again, and Bitcoin will quickly launch towards the end of its current projected target of $112,000. Target dates are based on a personal theory of wave cycle lengths increasing by 1.618x (not many measurements can be taken). However, this theory fits with current Bitcoin trend.
BITSTAMP:BTCUSDLong
by Shwayze
18
BTC bullish scenario, BTC 100,000$+ by 2021Welcome to this analysis about BTC . We are looking at the daily and weekly timeframe perspective, the recent events, the established daily parallel channel and weekly symmetrical triangle. BTC hit all my 3 main horizontal supports mentioned by green line. It bounced from 40K support zone which is bottom line of Gaussian Channel, ichimoku cloud and our parallel channel. It is obvious there is a huge buying demand at that level and price goes down to its mean reversion. We can create our uptrend from this point but if DXY goes up and S&P drops I expect BTC to go down to the last support area that is 38K and at the same time our golden pocket zone 0.618 fib level/ from 28.8K to 53K/. It is bottom line of our weekly symmetrical triangle and has to hold keeping bullish perspectives. But for bullish continuation we need BTC weekly candle close above 21 weekly EMA. 38K is the strongest daily - weekly horizontal and diagonal support. If we lose this level and close weekly candle below 21 weekly EMA, more likely we are in a bear market and BTC topped at 65K. But if we see strong bounce from 38-40K level to 47K then 53K and close candle above 53K and make new ATH BTC will enter to super cycle and we'll see 100K + in this bull run which I think is going to end by 2021 or max Q1 2022.
by ergal91
1
Point Of No Return!Alright people, are you ready to meet my bull face? I never actually removed my laser eyes anyways :))) There's a bull inside of every bear and vice versa! Let's start with, the bad news: Redistribution is invalidated, no more 20k in the horizon. The rally from 30k has set the end of redistribution scenario which has always been the possibility and this also means the whole time we were in accumulation, just like i first started the analysis of this series. Look at my very first wyckoff accumulation analysis: I didn't even know about redistribution back then and even called this incorrectly as reaccumulation, see how far we come :) Good news is that the structure is now much clear. Especially by the help of my infamous indicator TOTT, which has printed the first buy signal since selling on April 24th. I trust it, because i have been backtesting it for 6 months, maybe more. This is the wake up call for me and I'm pretty confident that we are going up soon. (Last words LOL :) The primary accumulation is ended with the streak leg up and now, we are in a smaller reaccumulation which will take us to the demand side of the newly forming uptrend channel. It will take us till late August to break above 40k and start a new leg up all the way to 60k levels and another reaccumulation to resume the trend towards 80k where the distribution starts playing with the preliminary supply event up until 100k. Let's look at the p&f chart for the accumulation count and price objective Copy this Open4Profit! (The guy who copied my previous p&f analysis and presented as his own. Glad that idea went bust :) To sum up, we are going to 100k in 4 easy steps: Step 1 / 35-41k Reaccumulation / 41-59k Markup Step 2 / 59-65k Reaccumulation / 65-77k Markup Step 3 / 77-83k Reaccumulation / 83-89k Final Markup Step 4 / 89-100k Distribution & Blow Off Top And then you'll have a very big problem on how to spend your money till the next bull cycle :))) It's ofcourse too early to set the boundaries of channel as it has yet to make the down move, but this is the opportunity right now for us to buy the last point of support. THIS WILL BE THE POINT OF NO RETURN! My target entry points are split between these support levels with different asset allocation. 37.300 - Monthly support (May Close) 36.500 - Bottom support of new trading range 35.800 - Additional step between spring and support 35.200 - if a spring type action occurs I see sub 35k highly gone forever Laura. Starts are aligned, limit orders are set, waiting to get filled. If, we don't go down to these levels, i'll buy the breakout anyway. My previous target, the breakout above 41.330 is still valid, BUT if it happens today or too soon before going down first, it would most probably be a trap to shakeout the weak hands. So, if you already bought here, you need to hold on tight and move your stop loss lower around 30k if you don't want to get liquidated. If you want to buy the breakout, wait until this consolidation ends, in the meantime enjoy lower prices whenever you can. That's what i will be doing. I wish we went down further and took the chance, but this bull cycle seems to be a double top scenario like 2013. So here you are, going to the moon :) Best.
Long
by BitcoinMillio18
115
#BTC lets see if this worksFinally, we broke out of the triangle!!! we caught the bottom perfectly in the channel!!! also caught the #ETH move as well!!! #BTC - #ETH - gonna hold both 50% sizes for the moon!!!! alright so fresh update, I mentioned a new setup for #BTC yesterday & I said if we broke out of 36k it will be invalid now charted fresh on daily charts & triangle breakout looks extremely solid, one of the best part about this move IMHO is that it happened on WEEKDAY, not the weekend, however usually if we start week green we start to turn red by the end of it, let's see what we get this week, for now, this are 2 setups I am looking at ( I don't have short & long orders placed yet, this are just my interested levels I wish to enter in position) ( I will check LTF price action then will enter) 1st is the Short - s3.tradingview.com 2nd is the Long - s3.tradingview.com now my entry is way too low for the long, & one more test of the support??? yeah that will be the 5th touch & that 30k support is now super weak so it's possible that well we just breakdown for my max pain scenario whatever happens, the goal is to catch % move as we are trading on leverage, whether it's 30k or 60k all you should care about is catching 10% move :) will update this idea as we start forming some new candles moving forward, we don't know IF the local top is in yet so will update fibs as well have an awesome week ahead people!! Keep #Hustling!!!!
FTX:BTCPERP
by Bromadic
Choose your Destiny Bitcoin is at a crossroad, but which path will it take? This will depend on you. Which will we see first, 10k? Or 100k? I know I know, we want 10k so we can enter with minuscule risk and 10x our bags when we cross 100k, but that would be too easy.zzzz. Or would it? Would you buy a bloody Bitcoin that just crashed 50% from 32k to 16k? Easy yes you say? 50% discount easy to buy you say? Then I suppose you would jump at the opportunity to buy a bloody Bitcoin that just crashed 50% from 64k to 32k? I suppose you already have. Gold path is Wyckoff accumulation pattern, which seems is being followed pretty picturesque for now. green extended time frame, blue is most bearish sideways possibility All paths lead to the same outcome, which is Bitcoin souring beyond 100k, only question is when. We seem to have finished wave 5 down of the bearish impulse from 64k, but could still be in for an extended 5 (in blue on the chart) It seems unlikely that we will go lower as this area has held for two months now with all the short pressure, but it’s possible we see an extended 5 wave down as far as 18k, I was looking at the 12k area a few months ago, but 30k, and especially under, has been bought aggressively so I’m leaning cautiously bullish towards 55k before a pullback that would likely bottom around 43k, which will have become our new support once we cross that magic number again. Choose your destiny Let me know in the comments; which path will you choose? Professional entertainer, private investment management. DYOR, NFA. (If you don't know what those acronyms stand for, refer to the first acronym) -Dharma Cat Pro
COINBASE:BTCUSD
by DharmaCat_Pro