BTC Correction Incoming? Fear & Greed Index Drops to 80!GM crypto bro's! 🌅 Fear & Greed Index drops from 88 to 80 today, but we’re still deep in extreme greed zone! 😬 BTC finally showing signs of correction after a wild ride.
Current probability points towards a pullback to the FWB:83K - GETTEX:82K range. 🧐 Let’s see if this correction deepens or finds support here.
Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
Bitcoin-btcusd
USDJPY - 3 Massive Swings Completed. 4th Swing Ready...USDJPY has been providing us with big swing opportunities. Our last public post resulted in a 1200pip take profit!
We are now on the verge of getting our 4th big swing setup.
We are in a 5 wave impulse at the moment, indicating that we are in a Wave A (of wave 2) as opposed to a wave 2. This is why we are anticipating price to create an abc correction for wave 2 in the form of 535 zigzag.
Trade Setup:
- Watch for rejection of the fib level
- Confirmation can be the break of the red trendline or any other reversal signs such as BOS
- Targets: 148 (950pips), Hold position and taper as we move lower
We'll update this setup if we get enough engagement.
Goodluck and as always, trade safe!
Trade 1:
Trade 2:
Trade 3:
Trade 3 VIP Setup:
BTCUSDT maintains support, targeting 94,000 USDTBitcoin (BTC) is trading between 88,000 to 89,000 USDT, this is a strong support area in the short term. Currently, the ema34 and ema89 indicators are below the price, showing the increase trend may continue if this support level is maintained.
Forecast: If BTC continues to hold over 89,000 USDT, the price is likely to increase higher landmarks, targeting 92,000 - 94,000 USDT.
BTC Hits $93K! Is a Major Correction Next?GM crypto bro's! 🚀 BTC just hit a top at $93K! Fear & Greed Index is up again, reaching 88 — extreme greed mode is ON! Stoch RSI remains heavily overbought, making this bullish rally look ripe for a deeper correction. 📉
Personal outlook stays the same as yesterday; we’re seeing strong rejection around the 93K range. Expect potential corrections to revisit our yellow zone between 80K-77K. Keep your eyes on it! 👀
Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off with one chart at a time. Have a nice day & stay SAFU!
Here's Exactly Why Bitcoin Is Having A Hard Time With 90kTraders, from a technical perspective, I really don't expect Bitcoin to beat 90k immediately. Eventually, yes. But right now there are two big technical reasons why Bitcoin is having a hard time managing to beat 90k. They are the same technical reason for why I called the year end price target of 88k-92k.
First, see that horizontal ascending pink trendline? I took the top of our high on 12 April 2021. I then drew it to the top on 08 Nov. 2021. This is on our weekly chart. I then extended that trendline to the right. Boom 90k.
Second, see that inverse h&s pattern I have been discussing for the last year and a half? I measure from the top of the head to the neckline. Now, I move that measurement to our break of the neckline. Boom 90k.
Now, I am not saying that we won't break 90k. This post is simply to make you aware of how I was able to call our target of 90k and why Bitcoin will have difficulty breaking through that price level.
✌️Stew
BTC long time scenariosSo after this big dip it sound more easy to look from far on the Monthly Chart.
it can show use clearly that we are still in this bear Market for a long time.
Only a good catalyst would make BTC back in power mode.
First support would be a strong bounce on EMA at 4000ish.
Second Supoort 3200-3000. FOMO rebuy.
And the last one 1200-1500. Back to 2014 ATH.
Happy Tr4Ding!
Retail Traders Are Waking Up | Here’s How to Spot the SignsWhy Are Our Parents Texting Us About Bitcoin? It’s Getting Weird
Thanks to crypto,now I know my entire extended family and even my ancestors!
Some of them hadn’t spoken to me in a thousand years, but now they’re calling me “Bruh”
(And no, I’m not a vampire, by the way!)
Here’s why I think a retail fueled wave might be about to hit the crypto market
1/ A spike in Google searches for "crypto"
2/ Coinbase App Store rankings
The Coinbase app just shot up from #155 to #18 in two days
3/ Dogecoin and Squirrel on the rise
Retail traders have a soft spot for Doge , Cardano and memecoins.
Guess which top 10 tokens surged the most in the last week? bunch of retail traders who’ve held CRYPTOCAP:DOGE and CRYPTOCAP:ADA since the last bull run are probably getting alerts that their investments are bouncing back.(That’s one way to grab their attention)
4/ Bitcoin featured on Bloomberg's front page
Mainstream news = mainstream visibility = more pump = more lambo!
5/ Texts from our parents ( Are you winning son? )
The unique skill of being both endearing and critical at once a true dad specialty
6/ Ronald McDonald has joined the chat…
McDonald's just teased a new collaboration with Doodles (yes, the NFT project). It kicked off last week…Now, any one of these signs might not mean much alone
But taken together, they start to tell a different story.
Falling air pressure, strengthening winds, darkening skies… it looks like a retail storm might be on the horizon..Brace yourselves! The good news? This time might not be different.
Earlier in the year, there was concern about a potential “left translated cycle.”
(Translation: crypto prices rising faster than expected).
At first, that sounds great! (Who wouldn’t want a quicker path to wealth?)
But the catch is, the shorter the window for prices to peak, the harder it is to time safely
(you’d have days instead of weeks or months to sell near the top)
When Bitcoin reached all time highs ahead of the halving in March (a first), many traders started feeling “left-translated” jitters. If we stay on this track and hit the same average returns as the past three halving years, we could be looking at a ~$ 126k Bitcoin by year’s end!
Here’s hoping this time really isn’t different! BTC just hit a new ATH again!! STOP
BITCOIN buying pressure indeed stronger than any Cycle before!Three months ago (August 12, see chart below) we published our view on Bitcoin (BTCUSD) claiming that on the current levels and compared to the relative stages it was in previous Cycles, the bullish trend was stronger than ever before:
At the time the price was 'just' at GETTEX:59K and yesterday it touched the $90000 level. This shouldn't surprise you as the pattern has been 'playing out' in a similar way to both the 2019 - 2021 and 2015 - 2017 Bull Cycles.
In fact it is so strong that we now need to readjust the green parabolic channel of the current (2023 - 2025) Bull Cycle to a more aggressive pattern in order to fit the enormous rally that started in September.
As you can see this comparison with the previous Cycles suggests that BTC can reach at least the -0.618 Fibonacci extension, which is a little over $170000, like the other two did. It also highlights how the current Cycle has been more aggressive than the previous as the price reached the All Time High faster (March 2024) than the previous two but also the amazing symmetry among them as the current (final) parabolic rally that started on the August 05 2024 bottom took place 90 weeks (630 days) after the November 2022 bottom. As you see both in 2020 and 2016 the final parabolic rally also started 90 weeks after their respective Cycle bottoms.
So do you agree that the current rally shows the current buying pressure is more aggressive than in previous Cycles at this stage? Feel free to let us know in the comments section below!
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BTCUSDT: Coin Just One Step Away From Rising !BTCUSDT Accelerates and Updates New Highs Around 90,000. Crypto Market Potential Begins to Unfold Amid Trump Win Excitement
While Bitcoin is hitting an all-time high, one of the most important factors is inflation data from the United States, especially the CPI (Consumer Price Index) report, which is likely to directly influence the interest rate expectations of the US Federal Reserve (Fed). If the CPI is higher than expected, the Fed may continue to maintain or raise interest rates, which could boost the value of the USD and put downward pressure on risk assets like Bitcoin.
Theoretically, if inflation declines and expectations of a Fed rate cut increase, this could create positive momentum for Bitcoin and other risk assets.
However, BTCUSDT is at a key level with upside potential. Technically, the support zone around 76,000 and the liquidity zone just above are areas to watch closely. To confirm the uptrend, investors should wait for confirmation signs at these zones, such as positive price action or increased trading volume. If these conditions are met, a break of the 90,000 resistance zone is within reach, which could trigger a rally to new highs.
What opportunities for BTC when Bitcoin is nearly 100,000 USD?Currently, I'm observing Bitcoin fluctuating around 87,690.84 USD, and I have to say, this has been a pretty impressive price surge recently.
There are several factors driving this uptrend. First, interest from large institutions and investment funds is growing stronger, which could be a primary catalyst for BTC's price increase. Additionally, macroeconomic factors like stable interest rates and new capital inflows into the cryptocurrency market are helping BTC maintain its appeal among investors.
Moreover, with the rapid development of financial and investment companies in the cryptocurrency sector, coupled with the potential approval of a Bitcoin ETF in the U.S., the market is anticipating a new wave of price increases.
From a technical perspective, BTCUSDT is maintaining a strong uptrend, with the price still above the EMA 34 and EMA 89. This is a clear sign that the bullish momentum remains strong. The current chart also indicates an Elliott wave pattern, with BTC breaking through a series of recent resistance levels and heading toward Fibonacci extension levels.
The short-term target I’m watching is the resistance level at 104,119.28 USD (corresponding to the Fibonacci 1.618 level), which serves as the first price target (TP1). If BTC can break through this level, the next target I'm aiming for is 153,100.86 USD (TP2, corresponding to the Fibonacci 2.618 level).
With positive signals from both the technical chart and supporting news, I believe BTC has the potential to reach higher levels in the near future.
BTC Eyes $100K Target! Will This Insane Bull Run Continue?GM crypto bro's! Fear & Greed Index surges from 80 to 84, deep in extreme greed. Stoch RSI still in the overbought zone. 🚨
BTC peaked at 90,177, with minor corrections only down to 85K. The question is: will it keep pumping into the 93K-100K range? 🤔
My personal view? We might see a correction entering the yellow zone around 80K-77K, but don't rule out a continued pump toward 100K! 💥
Market remains ultra-bullish. Stay sharp, avoid FOMO, and always manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
BTC/USDT 15m Time for a cool off? Trying to Keep a sensible approach during crazy times, I see 2 possible bullish setups:
- A wick down into bullish OB plus a breakout of the diagonal resistance is a strong setup.
- 2nd option is the same further down.
If BTC continues to climb I'd like to see the bearish OB flipped with a convincing flip from resistance to support.
A full week of non stop climbing does need a correction to be healthy and punish late longs with a leverage flush.
3 Bullish-Bitcoin Charts 4 The Knocker-Know-It-Alls!
3 Charts very recently taken showing that BTCUSD is headed to 100,000 - possibly by the end of the week. 500,000 is possible by the end of the year - that's right only 8 weeks away.
I sometimes wonder whether some very experienced traders have a concept of value. I am speaking of the cowards who wrote Cryptocurrency off in recent months, even when big Crypto's like BTCUSD were hugging their 200 daily average on D-charts. Maybe it served their agendas, maybe revengeful attacks due to losing big sums of money on Crypto, we all been there I think.
Anyway, is FOMO striking you yet? Are you sticking to your guns not to buy Solana and Bitcoin which are suppose to increase 10-fold in the months ahead.
You see, its simply a sling-shot effect for Cryptocurrency. They were pulled back in their prices quite substantially earlier in the year, then a compression / squeeze period after their selldown (no clear direction), then brought in the sling-shot, launching Crypto prices with compounded buying momentum many more times than their original sell-downs.
Thanks for reading. Here are my accumulated positions in Crypto, in case you are wondering.
AudioUSD, HotUSD, SolUSD, FTMUSD, BTCUSD,TRXUSD, ADAUSD (biggest unrealised profits), DOGEUSD (same big runner), GRTUSD, KNCUSD, HBARUSD (only loser in the red), APTUSD (bought at the weekend & doing well).
That's it I think. Plenty of positions. You don't need this many. Only need 2 or 3 star performers.
BTC Rockets to 89K! Next Stop: 100K or Major Correction?GM crypto bro's! Fear & Greed Index spikes to 80, deep in extreme greed. Stoch RSI remains in the overbought zone. 🚨
Despite previous correction signals, BTC continued its insane pump, breaking through our predicted 82K-85K range and peaking at 89K! 🤯 Where’s it headed next?
Potential correction zones are: 85K-82K, 80K-77K, or 74K-70K. If the pump continues, we could see BTC hitting the 93K-100K range! 🤑
The market is ultra-bullish. Stay alert, avoid FOMO, and manage your risk! I’m Akki, signing off, one chart at a time. Have a nice day & stay SAFU!
BTCUSDT Technical AnalysisCurrently, BTCUSDT is trading around 81,113 USDT, with a slight bullish bias. On the chart, we can see the 34-day (purple line) and 89-day (orange line) exponential moving averages (EMAs), which act as dynamic support for the price. The price zone between 79,000 and 80,000 is marked as a strong support zone, where the price is likely to retest (pullback) before bouncing up.
If the price stays above this support zone and the 34-day EMA continues to hold, BTC is likely to recover and resume the uptrend, heading towards higher resistance levels around 82,000 – 83,000.
BIG SHORT ENTRY at $80k down to $57k TargetAt last, we've reached the Upthrust (UT) in the Wyckoff distribution phase. The short entry target is set at $80k, exit at $57k (approx 30%), with expectations of turbulent price movements for at east a week.
In reflection of previous timings, I was 2 months out on timing (expected in September) but this is a 2 year process so I expect adjustments along the way.
Phase B. During this phase, institutions accumulate shares at lower prices, preparing for an eventual markup. This process can take a year or more, involving both buying shares and short sales to control price increases. Phase B often includes multiple secondary tests (STs) and upthrusts near the top of the trading range (TR). Overall, major players aim to acquire as much of the available supply as possible.
End-to-end, the whole distribution phase should last at least another 10 months until Stage E.
Best, Hard Forky
The power of 3rd (or 6th) attempts🚀💥 Bitcoin Breaks or Fakes? Eyeing the 79K Target! 💡💰
Hey everyone, it's been a while! If you've missed my voice, let's dive right back into it and see what Bitcoin has been cooking up. The BTC price has been flirting with the $66,320 level, hitting it for the sixth time now, as seen on the descending channel. Historically, the third and sixth attempts have shown the highest chances of a breakout, so is this the moment we’ve been waiting for?
If Bitcoin does break out this time, we could be looking at a potential rise to $79,000. While there are some mild resistances around 69K, 70K, and 71K, the major target remains 79K.
The exchange reserve data shows a significant drop, indicating fewer people are moving Bitcoin to exchanges to sell—an encouraging sign that could be pointing toward a potential rally to new highs.
Zooming into the 15-minute chart, we’ve seen two rejections after hitting resistance. However, the third attempt, if successful, could trigger the next leg up. On the downside, we have solid support at $65,322 that has been tested, and buyers seem ready to jump back in below the 60K mark.
I’m bullish on Bitcoin and keeping an eye on this breakout. If it happens today, we could be well on our way to $79,000.
Let me know your thoughts in the comments below! I’ll keep you posted on the latest developments.
One Love,
The FXPROFESSOR 💙