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Bitcoin-btcusd

Wedge Pattern on Bitcoin's Chart - Investors Take RisksHello, The optimistic break out of a possible bullish wedge pattern suggests potential price action of reclaiming the $97.3k price level. The white trendlines mark the borders of a falling wedge pattern, which is usually a bullish pattern. The upward break out from the pattern further indicates a bullish scenario. The bullish chart pattern aligns with technicals like MACD, signaling a weakening bearish momentum. Per the wedge patterns' dimensions, if the price returns to the wedge and hits stop loss levels like $96.5k, the bullish scenario can be considered invalid. Otherwise, a minor pullback is possible to the upper white trendline until BTC picks up bullish momentum and volume. The volume profile shows relatively minimal interest at the current levels. So, I expect BTC to move out from these levels soon. Achieving the target of $97.3k would not only fulfill the bullish potential according to the dimensions of the wedge pattern but also bring the price to levels where investors are interested in trading. Sentiment: As of November 2024, the market sentiment for Bitcoin is extremely bullish. This is reflected in the Crypto Fear and Greed Index, which currently sits at 88, indicating extreme greed. This high level of optimism suggests that investors are highly confident in Bitcoin's future and are willing to take on more risk in anticipation of further price increases. Global economics: The ongoing strategic competition between the US and China continues to shape the global economic and political landscape, impacting trade, technology, and security. Competitors may recognize the potential to exploit Bitcoin, which will help the price to reach higher levels. Risk management: I encourage you to configure your stop loss and diversify your investments to reduce risk. Regards, Ely
BITSTAMP:BTCUSDLong
by Elysian_Mind
USDJPY - A Whole Lotta Pips in 2024!USDJPY has been one of our favourites to trade! We've managed to catch the start of the swing points for each wave since the beginning of 2024. Our entry method remains the same. Break of Trendline. Simple yet very effective if used correctly. Since our last setup, we've moved +600pips in our direction. We're currently holding it at breakeven and riding out the wave! See below for our past setups. Trade 1: Trade 2: Trade 3: Trade 3 (Public Post): Trade 4 (Public Post): Trades 3 and 4 have been public setups. Well done to those that were paying attention and caught it! Goodluck and as always, trade safe!
by WicktatorFX
2
USDJPY - A Whole Lotta Pips in 2024!USDJPY has been one of our favourites to trade! We've managed to catch the start of the swing points for each wave since the beginning of 2024. Our entry method remains the same. Break of Trendline. Simple yet very effective if used correctly. Since our last setup, we've moved +600pips in our direction. We're currently holding it at breakeven and riding out the wave! See below for our past setups. Trade 1: Trade 2: Trade 3: Trade 3 (Public Post): Trade 4 (Public Post): Trades 3 and 4 have been public setups. Well done to those that were paying attention and caught it! Goodluck and as always, trade safe!
by WicktatorFX
$BTC Hit $98K! Will Corrections Pull it Back to $92K?Good morning, crypto bro's! 🌅 📊 Fear & Greed Index: 84 (Extreme Greed). 📈 Stoch RSI: Showing signs of exiting oversold. 💡 Analysis: Current Status: FWB:98K has been reached. Correction Outlook: Small probability for $93K– GETTEX:92K , with a larger chance for a deeper dip to $85K– GETTEX:82K if support breaks. Upside Challenge: Breaching $100K seems tough without a significant correction first. 📌 Reminder: Stay sharp and manage risks well. Markets remain dynamic. I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
INDEX:BTCUSD
by x_Akki
ETHEREUM Is it copying Bitcoin's 2014/17 Cycle towards $50k???Ethereum (ETHUSD) hasn't yet made a new All Time High (ATH), in contrast to Bitcoin (BTCUSD) but that isn't necessarily a negative development as it can highlight its enormous upside potential. ** ETH 2022/25 vs BTC 2014/17 ** A idea that strengthens this notion is today's analysis where you see ETH's current (2022 - 2025) Cycle against BTC's 2014 - 2017. As you can see so far the two Cycle's have been very similar with Ethereum replicating both the Bear Cycle and so far the majority of Bitcoin's past Bull Cycle. ** The Phases ** For more efficient comparison purposes, we have classified the Cycle in phases with the start being the bottom formation (Green Phase) below the 1W MA200 (orange trend-line) and within the 0.236 - 0.0 Fibonacci Zone. That gives way to the 1st rally (Blue Phase) within the 0.5 - 0.236 Fib with the 1W MA50 (blue trend-line) established as the Support. What follows is the 2nd Rally (Orange Phase) within the 0.786 - 0.5 Fib Zone and consolidation. ** October Bullish Cross and $50k?? ** The October 1W MACD Bullish Cross (Oct 2016 for BTC, Oct 2024 for ETH) signals the transition to the final stage (Yellow Phase) of the Bull Cycle, the Parabolic Rally to new ATH. For Bitcoin that peaked near the 2.382 Fibonacci extension. If that seems unrealistic for Ethereum's price today (the 2.382 Fib is just above $50k!!) in terms of market cap (and rightly so) just consider the impact that the ETFs' capital inflows have on the market. It remains to be seen, but nonetheless, ETH has enormous upside from here onwards and we're sure that even a +100% rally from the current price would be welcomed by the majority of the market. ------------------------------------------------------------------------------- ** 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:ETHUSDLong
by TradingShot
11
BITCOIN TARGETING ALL TIME HIGHS - BTC LONG IDEAI projected and shared the idea that Bitcoin would reach $70,000 and potentially $73,000 within a few days. It happened in just two days! I hope you took the trade and made some profits, as I did. Now, I’m preparing to position myself with the expectation that we’ll reach all-time highs within a week or two. We recently broke a massive bearish trendline that has held since March 2024. Just before that, a daily demand zone formed, which helped break the trendline, making it a key area for me. Additionally, the equilibrium level of the bullish leg aligns perfectly with my point of interest. I expect the price to retrace to the daily demand zone, hit the discount Fibonacci area, test the trendline, and take off from there toward new all-time highs. Of course, I’ll be looking for lower time-frame confirmations before initiating a long position.
Long
by UA_CAPITAL
2
$BTC Eyeing $98K Again? Oversold Signals Fading!Good morning, crypto bro's! 🌅 📊 Fear & Greed Index: 78 (Extreme Greed). 📉 Stoch RSI: Still oversold but showing signs of recovery. 💡 Analysis: BTC price action remains consistent with yesterday’s outlook. Short-term probability: Revisit FWB:98K –$99K. Correction likelihood: May occur after BTC tests $98K. 📌 Reminder: Markets are dynamic. Stay sharp and avoid FOMO. I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
INDEX:BTCUSD
by x_Akki
BTCUSD targeting 108000 on the next leg up.Bitcoin is trading inside a Channel Up, having just rebounded on the MA100 (4h). In the last 2 months, it accumulates on the same pattern, a Falling Resistance bottoms on an Arc and when it breaks, a rally delivers a new High. Trading Plan: 1. Buy on the current market price. Targets: 1. 108000 (dashed trendline). Tips: 1. The RSI (4h) gives a very clear buy signal when it breaks 35.00. Currently that shows that we've already bottomed. Please like, follow and comment!! Notes: Past trading plan:
CRYPTO:BTCUSDLong
by TradingBrokersView
1
BTC Oversold! $98K Revisit or Deeper Drop Incoming?Good morning, crypto bro's! 🌅 📊 Fear & Greed Index: 77 (Extreme Greed, dropping). 📉 Stoch RSI: Entered oversold territory. 💡 Analysis: On H4 timeframe, BTC shows a strong probability of revisiting the FWB:98K –$99K range. However, larger timeframes still suggest potential corrections toward the green zone at $85K–$82K. 📌 Stay cautious. The market remains greedy but oversold signals need confirmation. I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
INDEX:BTCUSD
by x_Akki
BTCUSD: Is 300k a realistic target?Despite the weekly correction, Bitcoin remains bullish on its 1D technical outlook (RSI = 66.961, MACD = 5631.400< ADX = 43.561) and even overbought on the 1W timeframe (RSI = 74.750). That is because the market has started the final parabolic rally, the cycle's most aggressive phase, supported by the 1W MA50. It can stay overbought until the top, the end of the cycle. Based on the 1W CCI, we may be in a 3 week consolidation stage before the rally resumes. According to the previous Cycle, this happened a little over the 0.5 Fibonacci level. Taking a +1,895.45% rise from the bottom, we can see that the exact same position is applied on the current Cycle and stage. Does this mean that we can see $300,000 as this Cycle's top? Technically yes but it goes against Bitcoin's Theory of Diminishing Returns. Of course, this Cycle is different as we are already over the previous Cycle's ATH, while in November 2020 we were exactly on it. This is due to the launch of the Bitcoin ETF, which has accelerated its growth, so maybe the capital inflows will extend this Cycle beyond what should have been based on the diminishing returns. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
3
Bitcoin, Ethereum, and Altcoins - What's Next in Crypto (Live) 🤖🚀 Bitcoin, Ethereum, and Altcoins - What's Next in the Crypto Market? 📈🌐 In this update, we dive into the crypto markets, exploring Bitcoin, Ethereum, and key altcoins as the tides shift bullish. Last time, I shared bearish insights—today, let’s unpack the green resurgence. Bitcoin Update: Bitcoin is back in an ascending channel, signaling bullish momentum. Key support: $94,175. Resistance: $97,660. A breach above could take us to the $100,000 mark—my confidence stands at ~65%. Reminder: If $94K support fails, caution is warranted as retracement could follow. Ethereum Insights: Outperforming Bitcoin with strong momentum. Target: $3,649. Favorable fundamentals and structure make Ethereum the standout choice, even over Solana, where trends are less promising. Altcoins in Focus: Total Alt Market Cap (excluding BTC/ETH): Support at $906B–$900B, with resistance descending near $950B. Ethereum > Solana: Favoring Ethereum to outperform based on stronger structure and resistance levels. Specific setups: UNI: Stellar performance—targeting $14–$17. ICP: Bullish above $10.88, aiming for $14. DOGE: Support at $0.38–$0.44, with potential to test $0.69. XRP, Cardano, Solana: Showing resistance at critical levels; other assets may present better risk-reward. What’s Next? The crypto market is brimming with opportunities, but step cautiously. Resistance levels across assets require vigilance, and taking profits is always wise. Ethereum remains a key focus for its bullish trajectory, while Bitcoin’s potential climb to $100K could redefine sentiment. Stay tuned for more updates and analysis! One Love, The FXPROFESSOR 💙
BITFINEX:BTCUSDLong
by FX_Professor
Bitcoin $100K on November 24th 2024?Welcome back folks, I hope you enjoyed the crypto and stocks winter and bagged up on those beautiful opportunities I gave end of 2022. What way we've come from since that, sitting here with Bitcoin at almost $100K! Just because it's a historic moment, I wanted to share this scenario for $100K in November - but only if Bitcoin stay above the GETTEX:89K low! Where we see a sideways weekend, trapping traders in the range, break it to the downside and smash it to the upside midweek. Would be a classis Wednesday press release during the US session to advertise 1 BTC = 100K. If not, then we're looking at this for december but wil get a bit more correction / chop first. Anyways, we made from down at $16K here and we can be happy nevertheless :) Enjoy your weekend.
COINBASE:BTCUSD
by cryptobullethbtcxlm
BTCUSD is heading to Critical OB at 87,800$MMSM identified and we're almost certain BTCUSD [ BITSTAMP:BTCUSD ] will hit 87,800$ this week. If we respect the first OB we should pass 100K. If we fail to displace (fast move) after reaching the OB, we could see it go lower to the next OB. Respecting the OB: Means we displace after reaching the OB. If we are bullish We don't want, No Chart Timeframe (in this case 90m) candles closing below the OB's lower level (yellow thin line). If we are bearish We don't want, No Chart Timeframe (in this case 90m) candles closing above the swing high that formed after reaching the OB. Here is more info about CISD: When an order block is invalidated, it signals a Change in the State of Delivery. For example: -In an uptrend, a bullish order block acts as support. If price breaks below it, the uptrend may be over, signaling a potential downtrend. -In a downtrend, a bearish order block acts as resistance. If price breaks above it, the downtrend may be ending, signaling a potential uptrend. Smart money tip: Liquidity Hunt, CISD often occur after liquidity sweeps . Watch for stop hunts (price wicks above/below recent highs or lows) before the shift. _____ tags: COINBASE:BTCUSD INDEX:BTCUSD CRYPTO:BTCUSD CME:BTC1!
BITSTAMP:BTCUSDShort
by TradeConfirmed
1
BITCOIN rejected on the 1st real Resistance of the Bull Cycle.Yesterday's brutal Bitcoin (BTCUSD) rejection caught the majority of the market off guard. There are a few fundamental reasons, there is the exhaustion of the post-election euphoria, there is the psychological weight of the $100000 barrier. However there is one major technical reason that has gone under the radar and we'll explain it to you below. ** The Fibonacci Channel and the 0.236 Fib ** As you can see on this chart, the underlying pattern has been a Fibonacci Channel going through the last 3 Cycles (including the current one). The pattern started with a strong rebound on its bottom (green circle) that formed the December 2013 Top. That Cycle Top was on the 0.236 Fibonacci level of the Cycle and that is a level that rejected rallies during Bull Cycles on June 24 2019 and May 11 2024. ** The '1st Real Resistance of the Bull Cycle' ** That is the Fib trend-line that (more recently) rejected the uptrend on November 22. We can call this the '1st Real Resistance of the Bull Cycle' as this is the first major rejection level that a Bull Cycle faces before the eventual Top. That high during the last 2 Cycles has been on the 0.0 Fibonacci level, technically the top of the Channel (red circles). The red spot on the current Cycle in late 2025 doesn't represent a projection but is an illustration for comparison purposes. ** Top timing and the 1W MA50 ** On a side-note, it is interesting to observe that the duration of each of the past Bull Cycles has been roughly 150 weeks (1050 days) so a repeat of this pattern would give us a High towards the end of September/ early October. It is much better to try to time the High and sell that put an actual price tag on it. Equally interesting is the fact that even though BTC is on a technical rejection, the current rally started on the August 05 2024 Low, exactly on the 1W MA50 (blue trend-line). Technically, as long as this trend-line holds, the cyclical bullish wave should stay intact. But what do you think? Do you think the 0.236 Fib i.e. the '1st Real Resistance of the Bull Cycle' will extend the correction? 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
34