Get started

100kbtc

Btc to the moonAs I mentioned Yesterday in my Post we are in the rising channel on the weekly Timeframe,However on daily we are in Falling wedge like last year witch i am expecting to breakout to the upside. Volume is declining and as we go sideways i am expecting big volume spike witch will bring as to the ATH very fast. Another indication that we are going to pump above 100k this year is that we retested Falling wedge on the Rsi. We are now at the very low levels witch is the purpose of this sideways action.The target of course is the top of the wadge witch is 97 on the RSI indicator. What do you think about my opinion? If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading. BTC TO THE MOON!
BYBIT:BTCUSD.PLong
by Mladen94
BTCUSD bull market still intact. 100k is comingBTCUSD broke out to the upside from its bull penant consolidation, that occurred from the 50% correction that started in April. That gives the medium term price target of 100k almost perfectly. BTCUSD has been trading in a channel since June, and managed to hit the top of that channel while it broke out to new ATH. It corrected and touched the 0.382 fib level. Scaled buy levels set to the 0.382, 0.5, and 0.618 fib level, which coincide with the bottom of the channel, and a backtest of the bull penant. For the short term (4 hour chart), the price was trading in a descending wedge and broke out to the upside. This could start a major parabolic move that eventually gets us to 100k, but the price level that the descending wedge suggests is 86k, which also happens to be the 1.618 fib level from the 50% correction that occurred in April.
BITSTAMP:BTCUSDLong
by chikinjoe
3
3 Drives to Complete the Cycle?With BTC finally showing a convincing local top at $69,000, I began exploring ideas for where the current retracement could end as well as what's next. Looking at the $29,300 bottom and creating a trendline with the $39,600 wick on 21 September, we can see it was respected a week later. This would make it a valid trendline in my book. A typical retracement in Crypto is the .618, but this one front ran it and only reached a 56% retracement of the move. Nothing too significant but it is important for context. Keeping the trendline and using some Fibonacci from the late September move to early November, we are entering the same territory for a completed correction of the move. What is interesting it is nearing the same territory as the trendline and the preceding retracement. So I began exploring the idea of us creating a large 3-drives pattern. The extension from $29,600 to $59,400 to $43,600, the last local high nearly hit the 1.272 extension, which is the target for each of the drives. Now applying some speculation on where price could end up. A few things line up nicely for an area for a bounce. Below at $50,000 we have quite a few areas of confluence including Fibonacci retrace + time, Trendline, Bull Market support, EW targets as well as psychological $50,000 and falling below Crypto Twitter's idea of the bottom being 52k, which would most likely make them bearish. The perfect storm to destroy retail. Now, we don't have to bottom there. But let's assume we do for the sake of this idea. Where would that take us? Well, there is a big grey area speculating this much so we can't say for certain. But placing the last extension pull at the trendline + fib time intersection. This is where it would put us. I think this is a very reasonable target for the top of the bull market going into 2022. A lot of people would be caught very caught off guard and left holding their bag until the next bull market. This market is designed to destroy as many people as possible, not to guarantee you riches. Let me know your thoughts below!
COINBASE:BTCUSDLong
by vozah
2
Best Scenario for $100k Bitcoin?BTC is approaching the end of a triangle, and this is usually a continuous pattern But is this the best case scenario for Bitcoin? In my opinion, green scenario is best way to touch $100k in the long run. Because there are reasons that Bitcoin's rise from this price is dangerous and will lead us to another Panic! 👇 2 of most important ones are in the 1w timeframe: 1- RSI is close to the Overbought range. 2- 21 Week EMA is a long way from BTC price. Good Day 😊
BITSTAMP:BTCUSD
by CryptoSideway
This is a view at a weekly and daily Sup & Res on the BTC / USDTThis is a big zoom out on the BTC / USDT price. This chart has weekly and daily support & resistance trend line. That should indicate what can happen to end of year. There is a horizontale weekly and daily support & resistance line chart up to current ATH. 1) Thing to keep in mind BTC is currently running on a 7 day cycle and a 00:00 to 01:00 UTC trend sinds early bear cycle of this year -----> Trend change on cycle This means that you can simply trade base on the closed candel form 00:00 to 01:00 UTC 2) Wyckoff patterns 3) Volume across exchanges 4) Liquidations events 5) RSI's, (Expomential) moving averages and MACD ( 5D 10D 21D 50D 200D ) 6) New trend data "on" and "of Chain" 7) World News (TV, Twitter ect.) 8) Dominance, Market Cap ------> ( BTC, ETH, TOTAL, TOTAL2, TOTALDEFI and high cap markets ) 9) pairs to watch: USDT.D ** BTC/USDT ** ** to watch closely ETH/USDT ** EHT/BTC ** EUR/USDT SOL/USDT ** ADA/USDT ** BNB/USDT FTT/USDT FTM/USDT ***/BTC (any BTC pairs) Happy Trading
Long
by SPACEMEN99
Bitcoin Likely to hit 77k SoonBased on the Elliott Wave analysis, Bitcoin’s (BTC) rally from the June low of $28,600 to the current all-time high of $67,016 can be labeled as a zig-zag pattern. According to EW, the zig-zag pattern is formed by 3 waves A-B-C, which can be subdivided as follow: 1. Wave A is a 5 wave price formation. 2. Wave B is a corrective ABC price formation. 3. Wave C is a 5 wave price formation. The rally from the $28,600 low to the intermediary swing high of $52,956 has developed in a 5 wave price formation. The pullback from the $52,956 high was corrective in nature and was an ABC price structure. The second rally from the swing low of $39,573 to the current all-time high of $67,016 can be broken down into a 5 wave formation. Elliott Waves In the Elliott Wave theory, wave C of a zig-zag pattern targets the 1 and 1.272 Fibonacci extensions of wave A and wave B combined. In this case, the 100% extension falls at $62,996 respectively the 1.272 extension falls at 69,367. The minimum Fibonacci ratio requirement is satisfied, and wave C can be called completed. Moving forward: We can expect to see a pullback in 3 waves before the bullish cycle can resume again. The considerable psychological number of $55,000 and $50,000 will likely act as support. From there, we will probably see a bounce back up and a new all-time high soon after (at least $77,500).
BITSTAMP:BTCUSDLong
by cryptohopper
BTC 100k on mark, breakout confirmation done in weekly chart!!Technical analysis: #Bitcoin (weekly update) . BTCUSDT is breakout confirmation done as well as trading above the both MA's (21 & 50- Day MA), and the beginning of parabolic uptrend is expected. . The RSI is also breakout its downtrend. . little pullback could happen around 57k after that 100k is on mark!! . death cross not happen that's means bulls are in full control the market. Take Profits: TP1= @ 78650 TP2= @ 98360 SL= below 55k usdt on daily closed bases 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoin #crypto #nextmove #bullmarket #weeklyclosed
by Bitking786
1
BTC/USDT Relieve breakout in October. 68k next with BTC ETF?Intro: - Bitcoin is the first of its kind as cryptocurrency and is looked at a store of value like gold, just better. - The whole crypto market follows in some way the movements of the Bitcoin price while being much more volatile. - SEC confirmed that crypto will not be banned and especially Bitcoin and Ethereum will not be banned. Daily chart: - Price shows a breakout above the purple resistance line. We went pretty straight back to 48k$ and touched the local resistance line. - Volume is on a steady decline since Mai and rather low for a breakout. This means currently there is not much resistance from sellers. - RSI analysis shows a breakout as well and hovers above the 50 line. Even the support and resistance line of 55 was passed. - Support lines are at 41k$ and 30k$. The ascending yellow line can act as support as well. - Resistance lines are at 48k$, 52.5k$ and 59k$. Expectation: - We expect a further price appreciation during the next three months and a solid recovery into October. So far we did see a great start and are looking forward to smash the last three resistance lines before price discovery. - Looking forwards into October where we might see an ETF approval for Bitcoin . This would be in favor for the whole market. - We expect some consolidation around 48k$ before we get through and a struggle around the 60k$. - End of the year prediction: We will see a 100k$+ 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
BTC Fractal Calls for $30K, While Stock To Flow Points to $100KBitcoin's (BTC) price seems to be following a very unique fractal pattern that suggests Bitcoin's price could hit the $30k support level by the end of the year. If BTC's price follows the same path it had during the first half of the year traders, should expect another pullback before the smart money will get back into the market, but that may not be the case. 2021 Fractal Pattern In technical analysis, a fractal pattern is reoccurring price action that is self-similar and is repeated again. For example, if we compare the rally from this summer low with the rally from mid-January, the price structure looks very similar but on a smaller scale. The price analogy seems quite compelling, and it anticipates that we're on the verge of a downside breakout, similar to the downside breakout below the considerable psychological number of $50,000 that happened in mid-May and sent the price of the most valuable cryptocurrency towards the $30,000 low. We're currently in the same spot, but this time BTC's price is above the $40,000 support and ready to break to the downside, the same way it did in mid-May. RSI Momentum Additionally, the RSI oscillator has printed bearish momentum readings which favor the bears. At the same time, BTC's price has struggled to regain the 200-day moving average, and while we're trading below the SMA, the trend remains bearish. Other Side of the Story The stock-to-flow model that many traders believe in suggests that BTC will reach $100,000 by the end of this year. Whether we will see a break to the downside or a renewed bull run remains to be seen. October and November have been historically the best months for Bitcoin and the crypto market in general. If history were to repeat itself we can expect a large increase in the next two months. Looking forward: The bears would need a daily break and close below the considerable round number of $40,000, which will open the door for the 2021 Bitcoin fractal to be repeated again. On the other hand, if the bears cannot achieve this in a timely manner, the stock-to-flow model will probably turn out to be accurate, and Bitcoin will indeed reach $100,000 this year.
BITSTAMP:BTCUSDLong
by cryptohopper
2
BTC - 100K in New Year? [LONG TERM]After the recent waves of correction, the Bitcoin scenario of (BTC 100K in 2022) has become more realistic (in my opinion) because in the financial markets, any correction of the main trend will be more powerful in a higher period of time. As for the Chinese FUD, whenever such news flooded into Bitcoin, after short-term corrections, Bitcoin saw strong growth, and such news should be considered positive for the overall market trend. So know that in this market it is not 100% and even more horrible scenarios are possible. AqayeSalehi , Your constant friend, especially in heavy market falls... ;)
Long
by aqayesalehi
UPDATE " REJECTION FROM THE GOLDEN FIB AND TOWARDS 100K *Hello Traders, Hope you guys are doing so well. I just wanted to give you an update about my Fib retracement prediction. We had rejection from golden fib level. But now we are continuing to shift towards the upper side between $50-55k. It feels so good to be bullish right now. But The time has come for the bears to defend the last region after golden cross. And we also have our Jackson Hole conference coming up. So i remind you if the outcome of that conference is taper or anything related to inflation the bulls are gonna breakthrough that last barrier. BUT If the outcome is deflation then expect a crash to 200wSMA and then we see we either hold or crash below it. I expect the latter outcome but we might move from then $44-42k to $100k Also ETH looks so solid than BTC so get there if you want more profits Till then happy trading bulls and bears. Yours sincerely Dante
BINANCE:BTCUSD.P
by desmondmilesdante