Bitcoin-btcusd
Bitcoin's Rebound Game💡🌐
Hi guys, FX Professor here. We're diving into Bitcoin's current state, observing its sideways movement and its encouraging resistance to falling back into the previous channel. This suggests a potential rebound at the current level.
As we stand, the level we're at now acts as support. My personal strategy is to go long, but with caution. Should Bitcoin drop below 41,350, vigilance is key due to the potential of descending towards the 39,000 to 40,000 range, and even 38,500 where it would need to retest channel-end support.
Regarding predictions, I assign a 20-25% chance of a deeper channel dive. However, there's a good 50% likelihood that the market will rally today, pushing the price higher despite the FUD surrounding Congress's crypto discussions. The ETF rumors, if they materialize as news, especially by January, could catalyze a significant Bitcoin pump.
Our target remains at an ascending 46,000 level. However, given our current position, significantly above the 20,000 to 37,000 range, we must stay alert for a possible correction. The odds are evenly split, but I lean towards a price recovery today. I'll also be sharing some altcoin charts, as their narratives differ significantly from Bitcoin's.
Bitcoin's resilience, failing to break lower and holding above the psychological 41,500 support, hints at a potential ascent. Our initial targets are 44,300 and 45,000, the latter being a crucial point for a potential breakout.
It's crucial to be extra cautious as we approach major resistance levels. Our ongoing strategy involves looking for new entry points during dips, a practice we're applying in the current scenario.
I'm revising my earlier prognosis from a 50% to a 60% chance of a rise today, based on the current solid and improving trends. Conversely, I'm reducing the likelihood of hitting the channel's lower end to 10-15%.
In conclusion, while we must remain adaptable, our analysis remains consistent. Bitcoin seems poised for a rebound, likely leading some altcoins in its wake. Key to this growth is Bitcoin maintaining its current levels, with a 60% chance of reaching 44,000 before any drop to 40,000 or lower.
One Love,
The FXPROFESSOR 💙
🐋 Deep Dive Part III: Time for small Caps & Presales/IDOsWelcome to Part III of our Deep Dive series. We've journeyed together from analyzing Whale Behavior in Bitcoin to understanding the flow of funds into major altcoins. Now, it's time to venture into the exciting world of small caps and presales! 🌐
In our first post, we delved into Whale Behavior in Bitcoin, uncovering the intricate movements and strategies of large-scale investors. We saw how their actions can significantly influence the BTC market. 🐋📉 Deep Dive Part I: Professor's Insights on Whale Behavior
Then, in Part II, we shifted our focus to major altcoins like ADA and Solana, observing how the investment tide moved from Bitcoin to these promising alternatives. This transition was a pivotal moment, marking a new chapter in altcoin investment strategies. 💡📈 Deep Dive Part II: Whale Behavior & Market Mastery
Now, in this third installment, we're exploring the burgeoning sector of small caps and presales. The crypto landscape is ever-evolving, and small-cap tokens are emerging as the new frontiers of growth and innovation. These tokens, often overlooked, are now gaining traction and offer unique opportunities for early investors. 🌱🔍
Why this shift? It's all about potential and diversification. Small caps and new tokens bring fresh concepts and technologies to the table, often presenting higher growth potential due to their nascent stage. Plus, diversifying into these assets can be a strategic move to spread risk and maximize returns in a volatile market. 🔄
As we approach significant resistance levels for Bitcoin, it's a strategic time to explore these new horizons. The market is indicating a potential pause for Bitcoin, possibly leading to a 'sell the ETF news' scenario. In this context, small caps and presales present a compelling alternative. 🛑🆕
As always, caution and due diligence are paramount. These markets are known for their high volatility and risk. However, with risk comes opportunity, and for the well-informed and strategic investor, this could be a golden era of discovery and profit. 📚💰
Stay tuned as we continue to navigate these dynamic waters, providing insights, charts, and analysis to keep you ahead of the curve. Let's embark on this new adventure together, exploring the potential that lies in the small caps and presales of the crypto world. 🚀
Together, we'll keep diving deep, uncovering opportunities, and mastering the market. Stay alert, stay informed, and let's make the most of this exciting crypto journey!
One Love,
The FXPROFESSOR 💙
Part 1:
Part 2:
Part 2 result:
BITCOIN - Expect Lower Prices From Here...Currently, we find ourselves at the peak of Wave D, and these levels are likely unsustainable for much longer before the anticipated reversal takes full effect. I anticipate a substantial downward movement from the current levels to around the $10,000 area. Following this bottoming out, I expect a minimum 700% upward movement to reach all-time highs before culminating in Wave 5, marking the final upward move within the entire pattern since 2008. While I have a reasonably clear idea of what follows afterward, let's observe how this scenario unfolds for now.
🎯 Why $45K Is Closer Than You Think!" 🌠 (Historical Proof) 🔥 Hey #CryptoFam! Professor back with crucial updates. If you loved our last big WIN on October 20th, you're going to want to see this!
🎯 We called the previous moves correctly. Now, the third test is here, and it's DECISIVE! Could we be on the cusp of shooting up to $45K levels?
📺 In this new video, you'll discover:
🕵️♂️ Insight from our last killer call!
🧐 The importance of the third test
📊 1,2,3 Breakouts: What they mean and why they're key
🚨 Must-set ALERT levels
🛒 Best buy-in points if you're just jumping in
🎯 Our next big target!
🔔 LOVE for Tradingview for the real-time alerts and never miss a beat in this super bullish now market!
One Love,
The FXPROFESSOR 💙
Historical Proof (click on play):
Full video transcript:
00:08 Hi everyone, just a quick one today because everyone else is asking Professor, what do you see next? What do you think about the crypto market?
00:15 So, without further ado, First of all, last big entry we had October 20th. I posted for my friends and followers that today is the day to go long on alts and that was for a very specific bunch of reasons that I will explain.
00:32 Obviously, we are happy to hear from you. Happy bunnies right now taking profit. Well, I did take some profits at 31, but I increased my positions over 31,500 and I will explain to you why.
00:45 So without further ado, let's get to it. First, we had this fake news from Cointelegraph saying that ETF is approved.
00:54 The price came under this support level over here, what you see as the yellow level. So that level was tested again.
01:03 And a third test we said is going to be imminent and it will be the decisive one. And I gave 60% and it will go higher.
03:01 So, one, two, three, boom. Now, where do we stand at this moment? Well, we are over this cluster of resistances, so right now we do have support over here, let's make this white so everyone can be clear about this, so we have support at 31.
03:29 500 as well as the 3107c, great news and the market breaks out and goes faster and higher. So remember the one, two, three breakouts on the 50-minute chart.
04:40 Let's go on the four-hour chart. We have a one, two, three breakout and you see the minute it breaks over that level things become faster.
04:49 Now, let's go back in time and see what can happen from here. In a similar manner, one, two, three breakout back in January 12th.
05:01 You all know how Tradingview works and why I'm here and why I enjoy it so much because once you post something, it stays forever.
05:08 The only thing you can do is edit it for 50 minutes. After that, you can't do anything. So let's click on play and see what happened over here at this breakout which again was one, two, three, check out support.
05:21 And ready to fly. Did it fly? Let's click on play and we will find out. So let's go. Boom. You see what happens?
05:32 The price just explodes upwards. And that's the breakout from $80. $18,017, $18,018 and it's going all the way up to $24,000.
05:44 Okay? And of course, after that, it goes even higher. So, where do we have right now? What do we have?
05:51 We have a massive breakout on the $1,200. And my expectation is to see that level up there and it could be fast.
05:59 That's an ascending line. What I call the resistance before halving. I have posted a few ideas about this, but the level that we are looking at is this resistance over here, support over here.
06:26 Breakout breakdown over here. So these levels I expect it to be checked as a resistance. Okay, and it could be fast.
06:36 Let's go back to the one hour chart. I have gi- even a 55% that the breakout will happen for a variety of reasons.
07:34 Okay, also remember we had the ETF 31,500 is now support. This is the third and decisive attempt and the breakout.
07:46 Okay. So that's the target up there. It's lying between 44,800, around 45,000. Okay. 44,000, 45,000. Now for those who are late into this trade, I think the best you can expect is.
08:18 And the text I wish. A retracement where will you be able to buy at the levels 33,655, 32,826 and of course the big one which is now 31,600, okay?
11:01 So my Fibonacci which is what I do behind the scenes before I show you levels is this, I'm gonna leave these levels on and of course What I see is the interim big resistance at 37,585, so at this stage I have alerts for all these which go to automatically to my subscribers, and of course I will keep
12:22 you posted with new charts, but remember, we're in a super bullish scenario, we have seen this before, okay, you can check the charts, so I'm gonna be posting this old chart from January 12th because last night we were here and boom, this is what happens in these kind of cases.
12:42 Take care, keep in touch.
BITCOIN:FLAG+ BAT: Eductional Analysis BITCOIN: FLAG + BAT
“Flag” detected which would bring the price towards 39 094 then 40 470.
CAUTION!!!!!
BAT harmonic pattern detected which would first bring the price towards 31 100- 30 400, and a rebound would be possible.
To Watch: EMA.50 and EMA.200 + Ichimoku levels.
BITCOIN - Clarification of the Expected Moves Ahead...In my previous video, I initiated the initial stages of planning for some upcoming trades using AriasWave, which allows me to anticipate market movements at specific junctures. Now that we've analyzed the intricacies of this extensive zig-zag pattern, I'm able to present a variety of trade ideas for the upcoming moves. Rather than overwhelming you with ideas that may not align with our objectives, I've patiently awaited the right signals that indicate we now have a solid foundation to work from. I'm just beginning to explore these new concepts for this very reason. If my assessment of our current position is accurate, these trades should be relatively straightforward to execute. It's time to put these ideas into actionable trading opportunities, and the results will speak for themselves.
The Power of Three: Bitcoin's Pivotal Moment at 31K 📈🔥🚀Hey Traders,
We've been closely monitoring Bitcoin's performance and it's time for an update. We've reached the third and crucial test of a major resistance level, and things are looking promising. 🎯
First Resistance: 29,900 - 30,000 🛑
The first resistance level we're facing is between 29,900 and 30,000. This is a key area to watch, as breaking through it could set the stage for tackling the next resistance level.
Second Resistance: 31,000 - 31,600 🚧
The second resistance level is a bit tougher, lying between 31,000 and 31,600. This is the real test. If we can break through this, the path to higher levels becomes much clearer.
The Big Picture 🌍
According to my analysis, there's a 60% chance that we'll break through the 31K resistance. If that happens, we could see Bitcoin soar to the 44-45K range, a very doable and likely scenario. 🚀
Why the Third Test Matters 🤔
In trading, the third test often proves to be the decisive one. It's like the market is finally ready to make a move, and this could be our moment.
Final Thoughts 🤑
Keep a close eye on these resistance levels. If Bitcoin can break through, we could be looking at a significant uptrend. Let's see if the third time really is the charm!
Happy Trading! 📊
One Love,
The FXPROFESSOR 💙
Full Video Transcript:
0:00 Okay, everyone, so, okay everyone, so, finally, Finally, we had the third test of the major resistance here. We had the first check over here, fake news, rejection, more fundamental than technical, but still, we did test one time, second time, and then finally the third, and decisive time, we are ready
0:37 to go higher, but we need to look at what's next and what kind of resistances we have to face. So obviously, we have a first resistance at, 31k.
1:21 Or to call it right, is the resistance between where we are now 29,900 and 30,000, so that's the first resistance we are facing.
1:33 Second one. And I'm going to use a different chart, it's the same chart basically, okay, but it's clearer here. So, you see again, one attempt, second and, Finally, the breakout, so the decisive one, very good news, we have support now at 29,000, but the second resistance we have is this one right here
2:53 . So, it's a 31 to 31.6k. Resistance. And that's a difficult one. The good news is that after that, the next one is much higher.
3:07 So, after that we're going to, ah, 44, 45,000. Okay. Again, you saw how the 1, 2, 3 worked for those that, ah, you have been following me.
3:18 So, here we go again. Okay, on the bigger chart, we have one attempt on rejection here. We have all together this one and you see how the price at tempted multiple times, but we consider it one.
3:32 You can change the chart weekly. It will be one week. So, we are heading for the third test and again, the third test is the crucial one.
3:42 So, why not we can finally break. Higher, over 31k for good. For very good reasons, we have remained long and long and long and gave a lot of good entries, but the big one is the 31k.
3:58 And according to my analysis, we have right now A possibility of over 60%. So, where, again, big news, we're going first, sego.
6:09 Third attempt to break higher from this level and go to the main, ah, support resistance level, which is lying around 44,000.
6:19 Remember, we started from here. On the first attempt, we said Bitcoin to 41. Well, this is the first attempt. It's an ascending level, so Bitcoin to 44, 45 is a very, very doable thing and a very likely scenario.
6:32 And don't forget how Bitcoin can explode. You can look at the previous charts to see the fundamental reasons why, as well as the technical.
6:41 One, two, we are hearing for the big three. Why is the three important? Thank you very much. Thank you. Well, here.
7:12 It is why first attempt rejected second attempt and then the third attempt it's a crucial one and the price does what it breaks higher it makes the resistance turns it into support and from there we fly to the next level.
7:29 So, in the same way this is the 8 minute chart by the way or 15 minute chart something reasonable for you to look at but also look at the daily candles and we have a big third attempt coming up over 6 minutes.
7:45 60% possibility to test the 31K and break higher. That's it from me. Take care.
GBPUSD Top Down Analysis For Next WeekIn this video, you will understand how I look at the GBPUSD, starting from the Weekly chart and moving down to the Hourly.
Trading must be flexible when you do your charting analysis and always try to understand what information the market gives.
When it is time to execute your strategy, you must be black and white. If the rules are met, we enter and then manage the trade.
Don't mix the art of charting with the discipline of executing your strategy.
Happy Trading, and please comment below with your thoughts and opinions about this currency pair.
Bitcoin's Line in the Sand is at 25,200 RN!Traders,
There is one line that I am especially focused on right now. Many of you, my followers, are already familiar with what this line is. In this video, I discuss the 25,200 level, why it is important, and what happens if this level of support breaks.
Stew
Finally some movement $BTCChart Analysis: BITSTAMP:BTCUSD KUCOIN:INJUSDT
The Bitcoin market shows signs of stirring from its slumber! As anticipated in our preceding commentaries, BTC is making its way towards the 18k zone. However, the strength to break through significant resistance points eluded it, just as we discussed in our earlier videos. Notably, there has been an adjustment in our projection of the massive cup and handle pattern. The recent trend line breach on the weekly chart likely invalidates this pattern.
A confirmation of a double top pattern is evident. Following this, BTC retested the newly established resistance and took the downward trajectory, just as predicted.
So, what lies ahead for Bitcoin? The forecast suggests a few more sluggish days of price oscillations, potentially culminating in a liquidation sweep or a retest of the longstanding trend line. Should this play out, it presents an opportune moment to initiate a short position and ride the price down towards the 18k area (though this target may shift as we approach it). It's essential to note that now isn't the ideal time to short; the current position is too extended from the EMA. It's wise to await a retracement.
Risk Management:
Navigating the volatile crypto market necessitates meticulous risk management. As you consider potential positions, align your size and strategy with your risk tolerance. Tools like trailing stop losses can be invaluable in preserving accumulated profits as the market evolves in your favor.
Disclaimer:
Please remember, this analysis is shared for educational insights and is not a financial recommendation. We urge you to conduct your own comprehensive research and, if needed, seek advice from a financial consultant before making any trading decisions. Trade safe!
BITCOIN: Updated chart and LevelsBitcoin has lost some of it's shine as XRP wins a battle against SEC. In the meantime there are plenty of news that i cover in this video, most being more negative than positive but that's ok.
Remember:
BTC tends to Pump on systemic risks. Remember what happened with banks earlier this year. Everything is very quiet and Nasadq rises (as expected) these days but BTC will catch up times many with the first 'systemic lightning' and those remain plenty!
It's a video so.. enjoy watching it.
Links:
cointelegraph.com
www.cnbc.com
www.coindesk.com
www.theblock.co
whale-alert.io
One Love,
The FXPROFESSOR
The 3 Scenarios for Bitcoin Right NowTraders,
I'll cut to the chase. There are 3 probable scenarios for BTC price movement at this time. I'll go over least likely to most likely and why:
5:00 - Least likely: Break straight up and through our 30,500 resistance.
6:30 - Most likely: Drop to our Dec 21 TL, kiss it, and continue up again.
8:10 - Other possibility: Drop to our Dec 21 TL and break it. Fill the gap at 20k.
19:00 - Many altcoins are still showing a bear flag.
Stew
BTC/USD BITCOIN Technical Analysis & Trade IdeaIn this video, we take a close look at Bitcoin. We observe that it has reached a significant monthly resistance level. The chart indicates that it is currently overextended, raising the possibility of a substantial retracement. Throughout the video, we discuss price action, analyze the trend, highlight key levels of support and resistance, explore different time frames, and present a potential trade idea. Please note that this content is strictly for educational purposes and should not be considered as financial advice. BTCUSD.
Bitcoin might surprise eveyone again. BTCUSD
Hello traders, welcome back to another market brekdown.
In this video I breakdown Bitcoin's chart and share few of the tools in price actions that I use to gives me hints on major moves before they happen.
Make sure to comment your opinion bellow and the reason behind it.
Trade safely,
Trader Leo.
ASTROLOGY REPORT: Buy Bitcoin BEFORE June 8th!!!!!!!!!!!!I am using astrology to let you know that this is extremely serious. This video is NOT about technical analysis. This video is 100% about what is going on with the world news at the moment. The US default glooming news at the doors is real, and I am using astrology to prove it is indeed real and needs to be taken serious.
You have to Buy bitcoin NOW, or at least before June 8th. This date will mark the start of the most BULLISH movement ever happened for bitcoin.
Balaji was right, but not 100% right. Watch the video.
Follow me for more ideas like this, and share your feedback here.
thanks