BTC - This Christmas is NOT different!Hello TradingView Family, this is Richard, and I want to wish you all a Merry Christmas.
I hope you enjoy this Christmas-themed idea.🎄
💡Can you spot a pattern here?
As shown in my last two Christmas posts (attached to the chart), BTC broke out of consolidation and surged by around 70%.📈
I believe this Christmas will be no different.
For the next bullish wave to begin, a break above the orange zone is needed, which aligns perfectly with the $100,000 round number.
What do you think? Will this Christmas follow the structure of the past two years, or will it be different and lead to a deeper correction⁉️
📚Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
Merry Christmas Everyone 🎄
~Richard Nasr
2024
Market Year Wrap 2024: Key Highlights and Outlook for 2025Market Year Wrap 2024: Key Highlights and Outlook for 2025
The year 2024 has been a transformative period in the global financial markets, characterised by a mix of challenges and opportunities. Inflation battles, monetary policy shifts, economic uncertainties, and surprising bouts of optimism dominated the landscape. These forces created a volatile yet dynamic environment where some markets flourished while others struggled under significant pressure.
From central bank interventions to geopolitical developments and technological advancements, every corner of the financial world experienced notable activity. In this article, we will take a detailed look at the major trends and events shaping the global economy in 2024 and provide insights into what lies ahead in 2025.
Inflation and Interest Rates: A Balancing Act
In 2024, inflation showed signs of moderation globally. In the United States, it stabilised around 2.7%, marking a notable shift that bolstered market confidence and set a cautiously optimistic tone for the broader economy.
Throughout the year, rate cuts dominated monetary policy discussions. Following the unprecedented rate hikes implemented in response to the COVID-19 pandemic, major central banks began scaling back rates. However, they had to walk a tightrope between a complex landscape of lower but still stubborn inflation and resilient labour markets and the necessity for monetary easing. The magnitude and pace of these cuts varied significantly, reflecting differences in economic conditions across regions and creating complex relationships in the forex market.
Analysts widely anticipate that policymakers will adopt a more measured approach to easing monetary policy as 2025 unfolds. Most developed market central banks, excluding Japan, are expected to reduce interest rates to neutral levels by the year's end. However, if economic conditions deteriorate more than anticipated, there is potential for central banks to push rates below neutral to support growth.
The Fed, in particular, faces a delicate balancing act, as it must carefully navigate potential policy developments—such as trade tariffs—that may not ultimately materialise. At the same time, any resurgence in inflationary pressures could prompt a shift toward a more restrictive rate trajectory in 2025 and beyond, further complicating the policy landscape.
Forex Market: A Year of Divergence
Currency markets in 2024 were shaped by a combination of monetary policy shifts, economic recovery efforts, and political developments. The US dollar experienced a rollercoaster year, initially depreciating against major currencies as markets anticipated the Federal Reserve’s first rate cut since the COVID-19 pandemic. However, it rebounded toward the end of the year, influenced by post-election optimism and expectations of protectionist trade policies under the Trump administration.
The British pound demonstrated resilience throughout 2024, supported by the Bank of England’s patient and measured approach to monetary policy. Despite potential rate cuts, the pound maintained its strength, reflecting confidence in the UK’s economic fundamentals. In contrast, the euro faced significant headwinds. The ECB’s aggressive easing measures widened interest rate differentials with the pound and the dollar, weakening the euro. By the end of the year, trade uncertainty stemming from potential US tariffs weighed heavily on the euro, given the Eurozone’s dependence on global trade.
The Japanese yen experienced mixed fortunes, bolstered by the Bank of Japan’s decision to raise its benchmark interest rate to 0.25%, the highest level since 2008. This move provided much-needed support for the yen, although concerns about potential US trade policies created downside risks. Meanwhile, commodity-linked currencies such as the Australian and Canadian dollars saw fluctuations driven by interest rate differentials, global trade dynamics and their respective economies' ties to the United States and China.
Analysts caution that President Trump’s tariff policies could intensify the overvaluation of the US dollar in 2025, potentially heightening the risk of global financial instability. The prospect of trade restrictions may add complexity to an already volatile economic landscape.
Commodity Markets: Precious Metals Shine, Oil Struggles
Commodity markets have seen a resurgence in investor interest. According to data from WisdomTree and Bloomberg, the proportion of investors allocating resources to commodities rose to 79% in 2024, compared to 71% in 2023—an expected rebound after a challenging year for commodities in 2023.
Precious metals, particularly gold and silver, emerged as top performers. As of time of the writing on 11th December, gold prices surged by over 30%, while silver outpaced gold with a 35% gain. Several factors drove these impressive performances, including geopolitical tensions, economic uncertainties surrounding the US presidential election, and strong demand from emerging market central banks. According to analysts, these factors should continue supporting precious metals in 2025.
Natural gas prices also experienced significant growth, rising 30% to 50% across major markets in Asia, Europe, and North America. Colder weather forecasts have fueled demand, particularly in Europe and Asia. Analysts suggest that this bullish sentiment in gas markets is likely to persist through the winter, with prices unlikely to see significant declines until well into 2025. However, high gas prices are expected to increase power costs globally, straining fragile economic growth in key regions such as China and Europe while rekindling inflationary concerns.
Oil, however, faced a challenging year despite geopolitical crises and production cuts. One of the reasons is a weak demand, particularly from China. In the United States, gasoline inventories exceeded long-term seasonal levels. According to analysts, the growing transition to electric vehicles in developed markets represents a long-term challenge for oil demand. Although some analysts anticipate a recovery in 2025 as OPEC+ production cuts take effect and geopolitical risks persist.
Stock Markets: Tech Leads the Charge
The US stock market delivered robust performances in 2024, reaching new record highs, with the technology sector at the forefront. Innovations in artificial intelligence (AI) played a pivotal role in driving growth, with major companies such as Microsoft, Nvidia, and Amazon reporting strong earnings. This momentum boosted broader indices, with the S&P 500 and Nasdaq 100 recording gains of 28.57% and 27.4%, respectively, as of 10th December.
The broader market also benefited from declining inflation, interest rate cuts, and better-than-expected corporate earnings. These factors may contribute to the stock market growth in 2025. However, stretched valuations temper some of the optimism, and concerns about potential trade tariffs add a layer of uncertainty.
Looking Ahead to 2025: Key Market Drivers
As we look ahead to 2025, several critical factors are poised to influence the direction of financial markets.
Central Bank Policies
Central banks will remain pivotal in shaping financial markets in 2025. The balance between maintaining growth and addressing inflationary pressures will be a key theme for central banks throughout the year, influencing the strength of equity markets. Interest rate differentials will play a significant role in determining currency movements.
Global Economic Recovery
The global economy is expected to continue rebounding from pandemic effects. GDP growth, employment trends, and trade balances will be key factors influencing financial markets.
Trade War Uncertainty
Potential trade tariffs pose a significant risk. The scope, products, and geographies targeted will determine the impact on global GDP, inflation, and interest rates. Any escalation in trade tensions could disrupt markets and strain economic recovery.
Artificial Intelligence and Innovation
AI and emerging technologies may drive productivity gains, offering an upside to global growth. By boosting efficiency and reducing costs, AI could also exert disinflationary pressure, influencing economic dynamics in the long term.
Geopolitical Tensions
Geopolitical risks, including trade disputes and political conflicts, remain unpredictable but could disrupt markets.
Final Thoughts: Embracing Opportunities Amid Volatility
The year 2024 brought its share of challenges and opportunities, showcasing the resilience and adaptability of global markets. From navigating geopolitical uncertainties and evolving monetary policies to embracing the transformative potential of technologies like artificial intelligence, market participants faced a dynamic landscape.
Looking ahead to 2025, the horizon offers new opportunities. Continued advancements in innovation, shifts in economic policies, and the resolution of key global tensions could set the stage for exciting market fluctuations. Use the new year to test your skills and look for new opportunities!
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Cheers to 2024: Charting The Year with TradeStationJoin us LIVE with David Russell, Head of Market Strategy at TradeStation, as we take a comprehensive look at the market trends shaping the final months of 2024. In this episode, we’re focusing on election-related trades, end-of-year positioning, and a year-in-review to help you set up for a successful transition into 2025.
With the end of the year approaching, we’ll discuss critical strategies for navigating the final countdown of 2024, covering everything from political events to holiday market dynamics.
Here’s what we’ll cover:
1. End-of-Year Trades: Key strategies for positioning your portfolio as we head into the year’s end, including opportunities tied to the holiday shopping season.
2. Year in Review: A detailed look at the top-performing sectors and stocks of 2024, and the lessons we can learn from both the winners and underperformers.
3. Market Recap & 2025 Outlook: Important takeaways from this year’s market trends and how to apply those insights to set yourself up for success in the new year.
4. Holiday Events Impact: How major events like Black Friday, Cyber Monday, and the Christmas shopping season will affect consumer-driven stocks and overall market sentiment.
As we head into the final stretch of 2024, we’ll also be reflecting on the lessons learned throughout the year and looking ahead to opportunities in 2025. Happy holidays, and best of luck with your trades as we wrap up 2024 and head into a new year of possibilities.
This show is sponsored by TradeStation. TradeStation pursues a singular vision to offer the ultimate online trading platform and services for self-directed traders and investors across the equities, equity index options, futures, and futures options markets. Equities, equities options, and commodity futures products and services are offered by TradeStation Securities Inc., member NYSE, FINRA, CME, and SIPC.
See below disclosures for more:
www.tradestation.com
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etherum (ETH) "INDICATOR TANGLE"The moving averages with shadow function offer a timeframe to follow before major improvements in price. Right now Ethereum is jumbled up with the third blue line 150 variable moving average. This is not dissimilar to Bitcoin because Bitcoin does not follow such simple methods of indicator transcribing. This would look like the peak is reached according to the orange line and stepped yellow line crossing paths. The difference this time around compared to back in 2021 is in how the blue line is intersecting with those lines (orange, yellow, green) that rise when the price is reaching peak evaluation.
jasmy (JASMY) "INDICATIONS"The BBTrend indicator reveals whether the price is overbought or oversold. Red is too low "oversold" and green is too high "overbought." In this case Jasmy is quite neutral on that fact.
The Yellow stepped line is the 100 Moving Average. When the 100 MA is smoothing out and rounding over this is a sign of the price reversing. As you can see the steps are large and there is no smoothing happening. Also with my 2x100 indicator the waves run between the two lines like a MACD with the 100MA line on top for positive growth and when the smooth green line crosses over the stepped line this is a sign of a reversal as well. As you can see the recent price increase is therefore sturdy based on these two indications.
JASMY (JASMY) "True Path"Since creating my indicator months ago I have never seen any crypto project pass direcrtly through the two dotted blue lines until now with Jasmy today. I referred to the center of the two lines as the black hole of which has too much energy for any crxyptocurrency including Bitcoin and Ethereum to ever cross directly through the center. Quite interesting.
BTC dominance 2024-2025(prodolzhenie prognoza po dominacii bitkoina 2023-2024)
Proshlyj prognoz otrabotal prakticheski ideal'no, nemnogo promazal po vremeni (uskorilsya), nemnogo oshibsya s metodikoj raschyota dominacii (uchyol al'tkoiny - podrobno v obnovleniyah na proshlom prognoze po dominacii). Odnako v celom prognoz pravil'nyj!
Nakaplivat' bitkoin bylo bolee pravil'nym resheniem nezheli otkupat' al'tkoiny.
Podavlyayushchee bol'shinstvo al'tkoinov obnovilo svoi minimumy k bitkoinu.
Teper' prishla pora razvorota. Tyazhelo sprognozirovat' tochku razvorota (kak eto bylo s proshlym prognozom) kak po vremeni tak i po urovnyu, odnako ya sklonyayus' k variantu chto eto proizojdyot ot 55-65% vo vremennom promezhutke konca2024 achala2025 goda. I ustremitsya v blok 35-45% k koncu 2025 goda.
!!! Etot prognoz bolee kak prodolzhenie v popytke najti mesto razvorota, a ne kak samostoyatel'nyj predydushchij prognoz. Ya by ne stavil mnogoe na nego, odnako tendenciya dolzhna byt' yasna - gryadyot al'tsezon.
I think is time to start talking about PARABOLASOnce BTC goes above previous ATH is a good time to start analyzing parabolas. If you look closely once it breaks previous ATH the movent continues ascending in a parabolic move and then braking the pattern to culminate in a lateral correction or bear markets. Lets see this time
STELLAR and DOGECOIN_chartsThe similarity between Dogecoin's run up and the current trend of XLM is quite similar leading me to see the price of Stellar holding up to the position current on the chart, that is if the similarity between both charts is an example of what happens among many other theories on price and targets.
Bitcoin 4th Halving : Get Prepared!Hello Team,
Looking at past historic Bitcoin halving events you can see a historic rise in price followed. During previous halving events, the price of Bitcoin significantly declined after the previous run-up and is consolidating & stabilizing allowing good entry points. This is occurring again before the 4th halving.
If history repeats after the 4th halving during the estimated March 2024 date we can see another historic rise in the Bitcoin price.
Always remember,
"This time is different"
When Bitcoin was 20K people said, "I wish I bought at 3K!"
When Bitcoin was 70K people said, "I wish I bought at 10K!"
Now Bitcoin is ~16-25K will people wish they bought here?
Time will tell, and history repeats. Invest wisely.
PYRAMID FINANCIAL "website"I randomly came across this brand new token,. The website is fintage meme culture stuff, microsoft like. On CoinGecko the price is said to have started around $50.00 USD. From trading view I see a beginning price that was around $2.00 USD.
TOTAL CRYPTO TICKER - moving average linesAll the moving average lines are in order and underneath the price of cryptocurrency, bitcoin too. If so, the signal would mean the price will maintain and continue forth onward to the new year. The potential for the market cap of cryptocurrency to double may be in the cards, the loftiness of trillions of dollars swelling cryptocurrency is a much tougher sell than Bitcoin, ideally. For all those active investors and active social viewers this post is of the utmost simplicity based on the simple method of keeping ideas useful.
$MSFT 1W Bear ABCD Ext harmonic, expecting 50% + drop in priceABCD Ext harmonic pattern is active on MSFT 1W chart. Expect price to form an hns taking sharply lower--50%+ from current levels. See also recent idea on bearish patterns on ES1/NQ1/YM1. HNS will drive to point B, and there is a smaller ABCD bear harmonic that will drive the price to C point of the higher tf ABCD Ext pattern.
BTC btc "arrowhead"neutral zone orange line based on past moving averages and current measurement up to november 1st 2024,. Purple lines represent arrowhead fibonacci of price above and below the standard average neutral between support and resistance based from all the way back to october 2024, one year prior. Not a lot of activity above 160%, main range of bitcoin remaining in 78% lower half and over 100% gains upper region.
XYO xyo "price return"The price of XYO has flipped over from a falling movement to a growing movement after being in a slump for a very long time; As some may already know from the blatantly obvious change in position for the price of XYO. The indicator proves this to be true rather than rely on the fact that the price increased through a slight spike in price last week and so on. The price reflects the death trap descend based on BTC falling in price at the same time that XYO was finally gaining in price. Typical of a scenario where a cryptocurrency does well and the BTC people have complete control over the system to collapse the price of minor tokens when they at long last increase in price thus shuttering the momentum and possibility for the smaller tokens to receive attention. Once the price suddenly collapses, as it did so when BTC fell in price, the momentum is broken and the trivial aspect of interest from outside investors reduces. Nevertheless, Solana does well, Polygon does well, Tron does well, practically every known cryptocurrency on the CoinGecko list of SEC coins/tokens does well over the long term except XYO, conspiracy,.
Nasdaq Long
Memory updated
Technical Analysis:
The market is currently trading within an ascending channel, characterized by two distinct touches on both the upper resistance and lower support levels. We recently observed a bullish rebound from the 0.236 Fibonacci retracement level, where sell pressure was rejected, allowing buyers to take control. Given this setup, there is a strong likelihood that the market will test the resistance level for a third time, with potential new highs projected between 20,500 and 20,800.
Fundamental Analysis:
As we enter the fourth quarter, seasonal consumer behavior, particularly driven by the upcoming festive period, is expected to influence the markets. With an uptick in consumer spending, many companies are likely to see a boost in sales, providing a positive backdrop for continued bullish momentum. Another catalyst for this period is yet to emerge but may further support the bullish outlook as we progress through Q4.
Current Position:
I am currently holding a long position, having identified 19,915 as a key resistance level that has recently been breached. The daily candlestick closed firmly above this level, indicating potential support for the continuation of the bullish trend. This breakout reinforces the case for upward momentum in the near term.
(BTC) bitcoin "triangle"The directional triangle pattern on BTC looks as it does from the image included. Each day the triangle slightly changes towards progress either positive or negative depending on the unusal observations studied by traders wealthy and poor. Whether or not people care to note about the subject of the traditionally poor trader and the impact millions of poor traders have on the study of investments compared to one sole giant bank, hedge fund, or other considering how many poor traders follow trends more than super wealthy traders. The rich do not need to care about trends as much as poor traders hypothetically due in part in the way the superrich creates hypermarket bubbles that poor traders follow, study, and observe. BTC is now falling trap to the conversations by many to be considered lost to the hedge funds, i.e. Blackrock, etc.; why not a poor man's trade instead of the million-dollar man, the millions of dollars by many humans all directly influencing the drive and spirit of investments through small exchanges of money that amounts to large increases and decreases in trend. When market studies are done on the largest investor trades it is easy to answer all the questions using one super trader investment type compared to the millions of individual trades all happening in smaller increments being much harder to study. As with all cryptocurrency trades BTC is worth many thousands of dollars per share yet the trades people make do not have to equal the amount of that per share amount and the price does not need to split to allow for more investments to reach the price. This factor in cryptocurrency is what makes cryptocurrency special compared to the traditional stock markets and reason for why cryptocurrency is not a security, commodity or any other traditional revenue building stock. The reason people are lost on stock trading is due to the fact that the most successful companies often cost the most per share and this makes it more difficult to invest in. When comparing this to cryptocurrency any cryptocurrency traded as available to any person of any amount of investment given they pay the transaction fee with doing so using defi services like Uniswap, or otherwise, if using a centralized exchange with reduced fees for transactions then the outcome is the possibility of trading a multitudinous of cryptocurrency coins and tokens without the concern over the price per share being more in tune with the amount being physically spent allocated directly to the buyers own holding value with investment over the restrictions found in traditional stock industries that hold the buyer to bid at a price strictly on the study of price per share. In more recent years Robinhood exchange unveiled the feature to trade microshares of large industry stocks from the NYSE and NASDAQ. This feature did unlock some greater reaches to the best DJI companies and since then the companies known to be DJI companies continue to gain in popularity, trend and momentum. True, cryptocurrency has seen better days in the past and in the past two years found a poor man's bog so why give all the credit to investment firms, hedge funds, and banks a plenty as a matter fact knowing fully well the losses incurred during the past two years following the greatest rise in cryptocurrency history all groups were involved. There is no reason to put the blame on the people and give all the credit to the bankers, hedge funds, and wealth class of people. When the price of cryptocurrency lost all groups lost. As the cryptocurrency trades rise and the prices increase all groups succeed, all those involved that is. Anyone who has ever traded has surely had the feeling of wishing they would have invested more in the past based on what they see in the present. Well guess what, today is the present and one day today will be the past, so what is your move?
BTC: NEXT POSSIBLE MOVE!!Hey everyone!
Appreciate a like and follow if this analysis helps!
Bitcoin has successfully broken out from a symmetrical triangle in the 4-hour timeframe. However, a retest of the broken resistance level is likely. Avoid impulsive buying (FOMO) and wait for a potential pullback.
Anticipated Timeline:
Sideways Movement: Expect Bitcoin to trade sideways for the next week or two.
Retest: A retest of the broken resistance level (around $60k) is probable.
Post-Retest Outlook:
Bullish Momentum: A successful retest and subsequent close above the resistance could ignite a strong rally.
Target: The next major target is $80k.
What are your thoughts on BTC's current price action? Share your analysis in the comments!