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Bitcoin-btcusd

BITCOIN - My Thoughts on a Possible Topping Out Process...I've presented both a bearish and a bullish perspective. However, there are certain indicators I'm keeping an eye on that suggest the bearish scenario could unfold, which I'll discuss in more detail shortly. For now, i'd like to share my reflections on the current wave structure. If we haven't reached the peak yet, it's likely due to flaws in my wave count, which I intend to rectify in the coming days through further analysis. However, for now, I aim to provide a broader perspective before delving into specifics. I prefer to observe without trading to gain a clearer understanding of our current position. While other cryptocurrencies may indicate a peak, it's essential to remember that altcoins can peak before Bitcoin. I'll contemplate these factors before revisiting the intricacies of wave analysis to offer a more precise count. Over the next 24 hours, I'll maintain a spectator role, closely monitoring the 60,757 level. I refrain from predicting tops and bottoms without corroborating price action to support my analysis.
by AriasWave
1
BITCOIN MEGA BULLISH WAVE REVISIONI'm hesitant to delve too deeply into this count, as it seems almost inconceivable. Nonetheless, I remain open to the possibility that this chaotic scenario is far from over. My primary objective is to profit, irrespective of the market's direction. If this move is only just beginning, then I accept that reality. I'd rather not be the pessimist whose predictions lead to financial ruin, as that would mean missing out on potential gains. Currently, I'll note that critical support rests at 64,528, with a target likely exceeding 100,000. However, I'm withholding final judgment until we gather sufficient evidence to validate this assessment.
Long
by AriasWave
Just Some XLM - XRP - BTC Analysis...This video isn't about trading ideas, but rather about my current thoughts on these cryptocurrencies. Right now, I'm leaning towards shorting XRP rather than XLM given the current setup. Bitcoin has experienced a significant rally, but I believe its potential is limited. We haven't fully emerged from the long-term correction that began in 2017 yet. When that time comes, we can execute trades and witness substantial growth in our trading accounts. For the moment, I anticipate a continuation of corrective patterns until we reach that pivotal moment where we'll be gearing up to invest heavily and start dreaming of that Lambo.
BITSTAMP:XRPUSD
by AriasWave
1
BITCOIN - Follow Up Video Because We Broke A Mini High...This video is a necessary follow-up because we've unexpectedly breached the high that, in the last video, I indicated wouldn't occur just yet, while demonstrating my wave analysis with AriasWave. Now that it has happened, I delve into what actions to take and what outcomes to anticipate. However, if this trend holds true, the timeframe may be too short for me to generate a long-term trade idea. Witness the developments for yourself and form your own conclusions. The previous video, where I outlined this analysis, will be linked below for reference.
Long
by AriasWave
BITCOIN - I Show You How I Analyze Waves Using AriasWave...In this video, I demonstrate how I analyze a wave using AriaWave, guiding you through the process while also unveiling the complete AriaWave pattern. This method, rooted in human psychology, offers a logical approach to understanding market patterns—a technique I've honed over nearly a decade. Despite its complexity, I'm willing to share it because I understand the challenges of mastering such concepts. Providing insight into its workings is my way of giving back to those who support my work. By hitting the boost or like button, you not only show your appreciation but also encourage others to delve into learning. Just a little side note: For the wave I skipped, it is easier to rationalize a wave that doesn't make sense on a bigger timeframe because you can see more detail in its sub-components.
by AriasWave
BITCOIN - Hold Fire For Now, Take Profits and Wait For...In this video, I delve into the distinction between trading and analysis, highlighting why it's crucial to occasionally step back and regain composure when things start to veer off course. I recount a recent experience where I found myself in such a situation, and how I managed to exit with a profit, opting to wait until clarity returned to the market. Within us lies both a rational mind and an instinctual one, and at times, they vie for dominance. By attuning ourselves to these fluctuations, we cultivate the ability to pause and detach until our logical faculties guide us back into a trade. Beware of succumbing to impulsive trades driven by the instinctual mind.
by AriasWave
1
BITCOIN - I Realise Now That This Is A BULL TRAP!!!I've concluded that the current Bitcoin trend resembles a bull trap preceding an impending recession. Regrettably, I too was ensnared, initially believing it signaled the beginning of another bullish market. However, I now realize my error. In my forthcoming video, I'll delve into the rationale behind this assessment and share strategies for capitalizing on the long trade during Wave 5 of Wave (C) when it appears imminent.
Long
by AriasWave
1
BITCOIN - Wave Count Rethink - My Wave D Breakout Theory...In this video, I delve into my Wave D Breakout theory. Upon recognizing the potential for this phenomenon in XLM, it became evident to me that both assets need to breach a specific level. However, upon achieving this, they are likely to encounter rejection. So, what does this scenario imply in terms of wave dynamics? My analysis suggests that we'll witness an expansion of the corrective phase within Wave D for both cases.
Long
by AriasWave
BITCOIN TO $289,000 - Wave 3 Of Wave (C) In Progress...Here's my latest analysis on Bitcoin, with a target around $289,000. While I use this number for perspective, it's worth noting that the price could potentially surpass it. However, it's crucial to recognize that the upward momentum is finite, and as the mania intensifies, many will be drawn into the market before a significant downturn occurs. Across all cryptocurrencies, we're still witnessing a bubble phase, a phenomenon present in various markets. Embracing these bubble phases offers us a chance to capitalize before the true bull market emerges. I'll share another long trade idea as I observe the waves unfold further at higher levels, as I anticipate we're on the verge of entering an extremely bullish phase.
Long
by AriasWave
2
Bitcoin's Next Huge Move: Must watch! 🐉🎆 Bitcoin's Monumental Path in the Year of the Wood Dragon 🚀💹 🎊 Celebrating New Beginnings Hi everyone! As we delve into Bitcoin's current trajectory, let's not forget to extend a warm Happy New Year to our friends in Asia celebrating the year of the wood dragon. This occasion isn't just about cultural festivities; it's a beacon for significant shifts in the crypto landscape. Drawing inspiration from the wood dragon's favor towards the rooster, we're navigating through the intertwined dynamics of political landscapes and market directions. 📈 A Look Back at Prophecy Fulfilled Reflecting on the prophecy I shared back in January 2023, during times rife with fear, uncertainty, and doubt (FUD), we highlighted a pivotal breakout pattern for Bitcoin. This "one, two, three" sequence has proven its mettle, reinforcing the forward-looking essence of the market. Amidst skepticism surrounding Bitcoin's valuation, our analysis foresaw the normalization of CPI and an amelioration in inflation rates, painting a bullish scenario for Bitcoin. The journey since has been nothing short of remarkable, affirming the resilience and prescience of our forecasts. 🌐 Navigating the Current Landscape In the recent unfolding of events, Bitcoin encountered a notable setback following ETF approval, set against a backdrop of geopolitical strife and regulatory tumult. The Bitcoin community's response to actions from figures like Biden and the SEC paints a complex picture of the challenges and influences at play. 🔍 Technical Analysis: Anticipating the Next Big Move Our technical dive reveals an impending third test of a critical resistance level, as denoted by the "one, two, three" pattern. Despite a straightforward approach to charting, the precision and effectiveness of our predictions stand strong, with Bitcoin facing the anticipated rejections and gearing up for a pivotal next phase. 📊 Forward-Looking Projections Looking forward, the possibility of Bitcoin revisiting lower support levels cannot be overlooked, emphasizing the need for strategic positioning and readiness. This analysis not only underscores the importance of historical resistance and support levels but also charts a forward-looking projection for Bitcoin's valuation, harboring an optimistic stance for 2024. 🚀 Conclusion: Embracing the Volatile Journey Ahead As we embark on the volatile yet promising journey through the year of the dragon, the melding of astrology, political dynamics, and market movements presents an enthralling narrative for Bitcoin's path forward. Amidst prevailing uncertainties, our dedication to delivering insightful analysis and strategic foresight remains steadfast, ready to embrace the next chapter in Bitcoin's evolution. One Love, The FXPROFESSOR 💙
by FX_Professor
9
BITCOIN - My Thoughts On The Current Waves...In this concept, I share my viewpoint on the present condition of the waves. It's not a short trade suggestion yet, but rather an observation of what I perceive to be happening. I unmistakably detect a sense of frenzy at the peaks, whether it's through comments or news pieces regarding cryptocurrency. Market behavior consistently mirrors the collective psychology of its participants. While I suspect we might be at or nearing a peak, further confirmation is needed through the breach of a couple more key levels. A drop below $47,643 and $46,792 should offer the initial indications required. Additionally, I delve into the broader pattern and its defining characteristics.
by AriasWave
1
BITCOIN - Long Trade Video - My Reasoning on Small\Large Degree.In this video, I outline the recent shifts in my perspective over the past few days and the reasons behind them. To make reasoned decisions within the context of AriasWave, I needed to identify a point of failure, which I accomplished within the last 24 hours. When it comes to trading, errors can result in being stopped out, but I've had several successful trades prior to this setback, so it's not overly concerning. The positive aspect is that we now have a new objective: aiming for the highs. It's crucial to recognize when one's perspective is incorrect and adapt accordingly, or else risk further losses. In this instance, the change in price action has influenced my viewpoint, as it should. The support level remains at $42,224, with a current target set at $48,000, though this may potentially increase. We'll observe how the situation unfolds.
Long
by AriasWave
2
BITCOIN - Short Trade Update - Choppy For A Reason...Whether you accept it or not, there is invariably a prevailing trend. Amid these turning points, a considerable amount of perplexity arises, contributing to the formation of these distinctive patterns. AriasWave possesses the expertise to decipher these patterns, while adherents of Elliott Wave theory may only recognize ABC patterns. In contrast, I assert that corrections can only manifest in a series of 5 waves. This conviction underlies my firm belief that the current juncture is a pivotal turning point. To demonstrate this understanding, I diligently provide daily updates on unfolding movements, even addressing instances where I may have been unaware due to residing in Australia and being asleep during certain market events. In my latest video, I delve into a comprehensive analysis of the current market scenario and elucidate the psychological aspects essential for success in trading.
Short
by AriasWave
6
BITCOIN - Short Idea Video - Head & Shoulders - Triple Top...We've breached the support level, signaling the end of the upward trend, and I delve into the various factors contributing to this shift in my latest video. I also discuss the reassigned labels for the Wave 2 count; in my perspective, a downward expansion indicates a weakening market. The attempt to rebound with two separate 5-Wave moves, interspersed by a zig-zag Wave D, suggests that the bears are gaining control. In times of crisis, there's potential for profit if you have a compelling reason to short, particularly during declines. Anticipating this move to coincide with a global recession, it presents a rare chance to purchase assets at more affordable prices. Rather than viewing it negatively, see it as an opportunity – embracing both the favorable and unfavorable aspects. A confirmation of Wave 3 downward will materialize with a break below $41,620.
Short
by AriasWave
🎓✨ FXProfessor's Insights: Bracing for the Fed's Pivotal Move 🎓✨Some of you were laughing last year when i posted this at BTC 18K: but I had done my analysis right. Both technical (breakout) and Fundamental (just read what i was saying about rates and how market is 6 months ahead!). In a similar manner i had explained why 45k is closer than most were thinking: (read it! understand it! learn from it!) 🎓✨ Now: 🙋‍♂️ Apologies for the brief hiatus - I've been deeply immersed in my latest AI token project. 🤖🌐 Though it's been taking up much of my time, I'm still keenly observing the crypto charts, especially Bitcoin. 📉💡 Last we spoke, we dove into Bitcoin's significant support levels, backed by Fibonacci analysis. 📈🧮 We saw an intriguing pattern: Bitcoin, after a dip, rebounded almost perfectly in line with our predictions. 🎯🔄 This critical support level, a focus since early last year, continues to be a key player. 🗝️💥 We watched Bitcoin approach this level, only to face rejection, nearly a year after we initially spotted it. 🛑⏳ Currently, Bitcoin's vital level is nestled between $47,800 and $49,300, with a more specific aim around $48,400. 🔍💲 Additionally, we've pinpointed a new support at $43,091. 🆕📉 Our foresight from last year proved accurate, as Bitcoin indeed rallied to this major resistance level and faced rejection. 🎉🎢 Our "sell the news or buy the breakout at 48" strategy hit the mark. 👍📈 When the anticipated ETF breakout didn't materialize, I shared my first short idea on Bitcoin in two years, timing it almost impeccably. ⏰🔽 As we chart this course, the upcoming Federal Reserve decisions are pivotal. 🏛️🔮 Despite a flood of articles and predictions, I'm staying laser-focused on the market's reactions. 💻🧐 With elections looming, we might see a more cautious approach from the Federal Reserve, which could significantly sway Bitcoin's path. 🗳️📉 Let's remain alert and see how these events play out. 🕵️‍♂️💬 If you've been riding the wave of my long-term analysis, I hope it keeps steering you right. 🌊🏄‍♂️ The market always has surprises up its sleeve, but with meticulous analysis and an eye on the fundamentals, we're well-equipped to navigate these thrilling times. 🌐🚀 One Love, The FXPROFESSOR 💙🎓
Long
by FX_Professor
4
BITCOIN - Long Trade Update - Video...In this video, I discuss recent long trade concepts for Bitcoin and provide a recap of the thought process that led to the decision-making for initiating these trades. Additionally, I delve into the strategies of securing profits and implementing scaling techniques. While learning fractal patterns may require dedication, they are not insurmountable. I also emphasize key traits exhibited by Wave E's, as they are pivotal in various markets over the medium term. As of now, the established support level stands at $43,082. See related ideas below.
Long
by AriasWave
1
Bitcoin - Small Long Trade In Preparation For The Big Short...In this video, I analyze the present Bitcoin price movements, indicating a potential upward shift beyond $45,000. To position myself for a short position in this market, I plan to engage in trading during the final corrective upward movement within the Wave 2 correction. The pattern at a smaller scale implies an impending upward movement, and I will utilize the starting point of this final wave as confirmation for an anticipated decline in the upcoming days. For more details on why I am choosing to short Bitcoin at the opportune moment, I've included a link to the video below. Wave E Support: $41,580
Long
by AriasWave
4
BTC - This is Why I Am Now Shorting Bitcoin...In this video, I delve into the considerations that led me to take a short position on Bitcoin at these specific levels. I want to clarify that I'm not advocating for others to follow suit in shorting Bitcoin; rather, I'm elucidating the rationale behind my decision. The video also touches upon the influence of the Dow Jones and Solana on this decision, and I present a slightly less optimistic perspective on BNB. While the medium-term outlook still anticipates all-time highs, the short-term signals suggest a potential impediment to the crypto market's performance due to a looming recession. Despite this, I posit that ongoing stimulus measures during such economic events act as catalysts for the subsequent upward movement. It seems imprudent to adopt a bullish stance before a correction has run its course, underscoring the fundamental principle behind the formation of AriasWave.
Short
by AriasWave
2