Get started

Bitcoin-btcusd

BITCOIN Cycle Phases like you've never seen them before!On today's post we are basically upgrading our previous analysis (see chart below) with the addition of actual circle shapes on Bitcoin's (BTCUSD) Cycles and pies on their phases: As you can see this reveals a groundbreaking illustration of the historic Cycles. We don't want to get you in the technical details of the trend, you can find everything by clicking on our previous publication. But as you can see, on top of the tradition measuring of the Cycle phases (Bear, Accumulation, Bull), we have place Wedges/ Pies that fit into the actual Circles. Those Circles (as well as the pies naturally) are all the same size/ symmetry, which just goes to show you how similar BTC's Cycles are despite the different news and fundamentals that take place during each Cycle. We use a Double Circle pattern to demonstrate more vividly the Cycles. Most of BTC's price action tends to be within that Zone that is made, even the 2018 - 2021 Cycle, despite the notable divergencies during the Accumulation (Libra euphoria) and Bull (Musk, Tesla adoption) phases, it eventually fell back within the Channel. The presentation also reveals Bitcoin's current position relative to the previous Cycles (black "We are HERE" arrow). That's near the end of the Accumulation Phase, only a few weeks before the Halving, above the 1W MA50 (blue trend-line) and within the 0.618 - 0.5 Fibonacci Zone. The upside is enormous and since the price is above the Circles Channel as during February 2020, who is to say we won't see another outperformance, especially if positive fundamentals hit the market (ETF approvals already, potential Rate Cuts, more news of adoption every day etc). But what do you think? Is this Cycle presentation accurate and if so are you expecting a massive rally as we approach the Halving? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
29
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
Trading Bitcoin FuturesTo keep actively trading Bitcoin short... I am watching and trading Bitcoin futures. This morning there was a 30 minute timeframe Spike right at the level I have been watching since after the ETF launch: the 50% Retracement of the "Sell the News" phase. I am looking for price to hold this level as Resistance and retrace at least back to 41000 in short time. Higher Timeframe Update: The area of Resistance that is the 50% of the ETF Selloff is where Bitcoin has retraced to over the last week. On Monday 1/22 I was able to hedge my Puts by selling shorter dated Puts against them to hedge and offset theta. I closed them yesterday. Broadly, Bitcoin is still in this battle zone from the ATH to the November 22 low. Mainstream Adoption Back in the old days... Bitcoin was best traded spot on margin on exchanges. Now, all the reputable exchanges are KYC and the new ones popping up would never fool an old timer like me into putting money there. I have even received spam here on Tradingview from exchange reps trying to get me to do affiliate programs. No, never. Bitcoin is now a heavily traded asset with countless derivatives. It is truly mainstream.
CME:MBT1!Short
by norok
2
🎓✨ 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 - Long Trade Update...We currently find ourselves in the third wave of this Wave E movement, and within that wave, we are navigating through Wave 2. The anticipated support for the upcoming upward movement is set at $43,082. The commencement of the next upward phase is expected within the next several hours or possibly sooner. A decisive break above $43,790 would serve as confirmation for the upcoming move higher. I anticipate this movement to surpass the $45,000 mark. You can refer to the initial video linked below, where I initially advised on the recent upward movement.
Long
by AriasWave
2
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
Bitcoin: 40K In Play For Bounce.Bitcoin failed attempt to break 40K means the broader support area is still in play. While the broader resistance is 45K, the minor resistance is 42.5 which appears to be affecting price now. IF a bearish pin bar appears at this location, it increases the chances of a bearish retrace back into the 40.5K area. THIS is the scenario I am looking for in order to justify risk for a new swing trade long. Upon a retest of 40K, if there is no confirmation, then I stand aside to see if there is a retest of 38.5 again. IF 38.5 breaks, then I stand aside because the broader trend at that point goes into question. As of now, the broader trend can still be argued as bullish. It is important to keep in mind that markets do not necessarily go from bullish to bearish, they can consolidate. As the market provides new information, arguments and expectations can be adjusted. Assessing a market effectively requires evaluating smaller time frame information in light of larger time frame information. I am not trying to forecast the future (this is a typical retail mistake). I am gathering clues from recent price action in an attempt to narrow the range of possibilities that the market can present over the next week or two. From there it is up to the market to confirm or not which justifies if I can take risk or not. This is the passive mindset, which facilitates an open mind in contrast to jumping to conclusions or thinking in absolutes. I also wanted to mention, do not lose sight of the monthly time frame. A break of 38.5 will add more weight to the monthly C Wave scenario that I have been describing for weeks. Realize that IF the market chooses this route, price will NOT move in a straight line. It will takes months to unfold and there will be many conflicting situations (bullish reversals) along the way. This is why it is essential to constantly gauge the levels in play and what to expect relative to the trend structure. IF price manages to retrace back to 45K, I would not expect much more than that. This level is ideal to take profits. From there the market will have to continue to prove strength. Traders and investors have many obstacles to deal with which they aren't even aware of. One such obstacle is the value of the information. Understand that if you consume the same information as everyone else, you have NO advantage which means your outcomes will most likely be random. Information is NOT just news reports, etc. Price itself offers much more value in the absence of inside information because it paints a picture of reality. You just have to learn how to interpret it. Thank you for considering my analysis and perspective.
BITSTAMP:BTCUSD
by MarcPMarkets
6
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
BTC When will the Bitcoin selloff end??I've previously mentioned in a BTC (Bitcoin) trading idea that the ETF approval would be a 'buy the rumor, sell the news' event: Now, we observe a continuation pattern with bearish divergences on the RSI. A bearish divergence is a term used in technical analysis to describe a situation where the price of an asset is moving in the opposite direction of a technical indicator. In particular, it occurs when the price of the asset is making higher highs, but a related indicator, such as the Relative Strength Index (RSI), is making lower highs. My current price target is FWB:39K , representing the next regional support.
Short
by TopgOptions
$BTC To the Bottom of Ascending Channel After Spot ETFs ApprovalHello friends, After a lot of speculation, CRYPTOCAP:BTC finally broke the $47,000 level that was our intended target on the eve of spot ETFs approval, and fell down after hitting $49,000. If we want to check the conditions on the chart, as you can see, CRYPTOCAP:BTC is still above the uptrend support line and at the same time it is still fluctuating in the ascending channel. Some expected that after spot ETFs confirmed, CRYPTOCAP:BTC would break out of this ascending channel from above and enter a new bullish channel. But that didn't happen, and CRYPTOCAP:BTC fell back to $40,000 support after the hype surrounding the approval of spot ETFs died down. As I wrote before, as long as CRYPTOCAP:BTC remains loyal to the uptrend support line and does not leave this ascending channel from the bottom, we can expect the continuation of the current trend and the slow and continuous growth of CRYPTOCAP:ETH and other altcoins. But leaving this ascending channel, both from the top and from the bottom, will make the story completely different. Breakout from the bottom and weekly consolidation below the uptrend support line, heralding the beginning of a new winter for the market. But the exit from the top and the weekly stabilization above the ceiling of the ascending channel will be a positive sign for a sudden growth towards the current ATH and then to register a new ATH and become one hundred thousand dollars. Just as some of us expected this drop after the approval of ETFs, now I personally expect CRYPTOCAP:BTC to test the bottom of this ascending channel once again. On this basis, it should definitely fall below the support level of $40,000 in order to reach the bottom of the channel around $35,000. If there is good support there, we will see a strong return to the top to attack $50,000 again. And if that support is lost and CRYPTOCAP:BTC falls below the uptrend support line, a long and terrible bear market will be waiting for users. But if Bitcoin falls below $40,000, buying CRYPTOCAP:BTC in the $35,000 to $37,000 range can be useful and a very good idea. Please "Support" & "Follow" to see more of these ideas. Goodluck
Short
by BJWiseReal
6
BTC Bitcoin Jan 25th Update, do or die for the bullsSharing this update from Jan 23rd with the community here "Crypto is leading again. I was creaming about not going crazy about crypto; you can see why now. Still think that it will hold into mid-Feb; watching for the weekly support to close above 39.9k to confirm. The next support target is at ±36k (38.5k was hit), followed by ±34.3k The main target is at 32-29k It still has a chance of a takedown move here and a move to 46k into mid-February, but so far, the price is quite bearish, also way below mid-Bollinger and trending lower. I will be swing long if 32-29k is tested" One more to note is that the price has broken below is rising channel and a re-test of ~41.3k will be important for the next price action. Im more leaning into the ABC down into Apr/May low with A wave being in progress now!
COINBASE:BTCUSD
by TheTradersRoom
BITCOIN Every monthly pull-back is a BUY opportunity from now onOn this 1W analysis we see Bitcoin's (BTCUSD) amazing symmetry through its historic Cycles. A symmetry which upto this date, is holding and we will explain why right away. Before we begin, note that the current study can be used in combination with our legendary Golden 51%-49% Ratio publications shown below: ** Three Cycle Phases ** Now as to the cyclical symmetry. The chart classifies each grand Cycle into three phases: a) The Bear Phase (red), which starts at the top of the previous Cycle and ends on its bottom. The price breaks below the 1W MA50 during that phase. b) The Accumulation Phase (blue), which continues where Bear left off and is when investors buy for the long-term following the market bottom. The price breaks above the 1W MA50 during that phase. c) The Bull Phase (green), which starts after the Halving event (orange vertical line) and ends on the new Cycle top. The price never closes a 1W candle below the 1W MA50 during that phase. ** The Symmetry ** As you can realize just on first glance, the Phases along the Cycles are on an amazing symmetry. The Bear Phases has so far been 59 weeks (413 days), 52 weeks (364 days) and the most recent 58 weeks (406 days) respectively. The Accumulation Phases have been 77 weeks (539 days) and 73 weeks (511 days) respectively. The Bull Phases have been 75 weeks (525 days) and 79 weeks (553 days) respectively. The current Accumulation Phase will be 71 weeks (497 days) by the time of the Halving, which is remarkably along the lines of the previous 2. As for the new Bull Phase after the Halving, we could assume a minimum duration of 75 weeks (525 days) as in 2016 - 2017. ** Fibonacci role on the Halving date ** The key at the moment as we approach the upcoming Halving in April, are the Fibonacci retracement levels. During the previous two Halvings, BTC had already reached the 0.786 Fib once and at the time of the Halving was around the 0.618 Fib, which is basically the current price levels within 39000-40000. The 1W MA50 is about to touch the 0.5 Fib level which is around 33000 and technically, based on this model, is as low as the correction can extend to. Technically we should be expecting price levels around 40k as we enter April, which of course doesn't dismiss the possibility of another run to 50k earlier. In conclusion, assuming the 1W MA50 is the new long-term Support from now on, every monthly correction, should technically be a buy opportunity as we head into the Bull Phase. But what do you think about this Cycle mapping? Do you expect history to continue to repeat itself? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
18
The last bullish chance of BITCOIN in Mid term!Hi . As you can see, Bitcoin has reached the ceiling of the ascending channel after passing through 5 ascending waves, and after that the price started its corrective wave and almost reached the PRZ point. I think the past is repeatable and as shown in the AB=CD Chart. After the price reaches the PRZ zone, the price can have a good growth. also a Hidden bullish Divergence (HD+) on MACD which shows Positive Signs for Bitcoin . 🤑 Stay great my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you and for more ideas ❤️ like ❤️ and 🌟 follow 🌟! ⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️ Previous Analysis
Long
by CobraVanguard
3