Bitcoin is Ready to Pump Again==>>Short-term!!!As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) fell to the Heavy Support zone($93,400-$90,000) .
Bitcoin is moving in a Heavy Support zone($93,400-$90,000) near the Support line .
According to the theory of Elliott waves , it seems that Bitcoin has completed the first 5 downward waves , and we can wait for upward corrective waves . Bitcoin has completed two corrective waves in the 15-minute time frame , and we can wait for the next corrective wave .
From the point of view of Classical Technical Analysis , it seems that Bitcoin has formed a Falling Wedge Pattern in the 15-minute time frame , and if Bitcoin breaks the upper line of this pattern, we can confirm this pattern.
I expect Bitcoin to rise to at least $95,170 AFTER breaking the Upper line of the Falling Wedge Pattern .
⚠️Note: If Bitcoin breaks the support line, we can wait for the Heavy Support zone($93,400-$90,000) to break.⚠️.
⚠️Note: In general, if you open a Long position, you can keep it up to the Resistance zone($96,680-$95,520) or Risk-Free your position.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoin (Cryptocurrency)
$BTC consolidation continues as we approach HUGE UP/DOWN EventI know we cant predict it but we can speculate. I use many many strategies and analytic built into trdingview and many other trading sites tools for trading cryptocurrency and FX stocks etc.. To the point. Using this ML by LuxAlgo sows a bad pic for BTC on 1D and 1W BUT the 1H is showing up trend to 130k~ the opposite for the 1D down to possibly 55k then the 1W is more SHARP down to $35k :L REMEMBER this is a Machine learning bot not the best thing to guess with. BUT it does work for what its made to do and I have made many positive gains with this tool alone or with MACD or RSI or sometimes other ML scrips or analytics.
So please put this over your BTC chart and see what LUX ALGOs ML chart as shown in idea on Left middle side. Check ho various it is not just on BTC but also try ETH and other smaller markets or memes like PEPE or even BONK etc or oter chain types POL(was MATIC) or DOT or ATOM etc. See and check the change between short 1Min - 1Hour vs 1Day - 1Month.
Note THIS indication isn't Correct! No IDEA is not 100%. Remember that. Remember "What WILL BE WILL BE" or "WHAT HAPPENS WILL HAPPEN" as my nan always said if we anxious of future events! It set me free literally as you realize its always going to Be what it Will BE! It cannot be changed! You think it can. and you CAN if you realize this. Then you can act with knowledge that you much make change in the NOW present to make that change you wanted in the Future.
If you manifest it it can happen. and that makes it What will be will be ore true. if you didn't do it it would still BE what it will be at that time. It cant change via thought. It can chnge by action before the "future".
ANyway share BTC knowlede share ideas sty strong! This isnt going to happen anyway...
BITCOIN Is Bullish! Long!
Please, check our technical outlook for BITCOIN.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 94,953.
Taking into consideration the structure & trend analysis, I believe that the market will reach 97,361 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
BTCUSDT h4 : UPDATE ROADMAPHi Good day,
after the decline that I explained to you in the previous analysis, now another perspective has been added that you can expect.
SecondChanceCrypto
⏰ 10/Jan /25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
$BTC Long long term Short Short term seems like its following VHi all how are we!? hope spirit are well stay strong!
This is update to my first of this idea the same idea I posted at the line it started. Its slowly moving to a LL Low low currently shaping a HL high low. When it swaps into a LH Low High that is confirmation of bullish sentiment between the LL nd HL. Basically a prime time to buy if other signals and analytics tell you to make a buy/long position. Never go of what I or anyone in Ideas say ALONE.. or reddit soil even Bloomberg or Forbes..
Anyway share your input o we can all learn more and grow as the Bitcoin Community!
Falling wedge on Bitcoin - A bullish signal - End of correction?I can see a falling wedge or flag pattern on the BTC-USD chart. The price hit the support zone around 92K and triggered a bullish price action that might be the end of the correction. I expect a short-term reversal from a bearish to a bullish trend in a neutral medium-term trend as long as the price stays within the wedge or flag. If the price breaks the pattern up, the medium-term trend could change into bullish again. If the trends turn bullish, the price might attempt to break the resistance zone around $105k by March 2025.
BITCOIN BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
BITCOIN pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 91,049 area.
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ALTSEASON to $3 Trillion with BITCOIN at $200k??This is not the first time we make the comparison of the current Altcoin (Crypto Total Market Cap excluding top 10) Cycle with the 2014 - 2017 one. But it is the first time that we make this comparison, including Bitcoin's (BTCUSD) Cycles.
As you can see, there are striking similarities between the Alt Cycles:
a) Both bottom formations were in the form of a Cup pattern
b) A Pivot trend-line that turned from Resistance to Support
c) The MA50 (blue trend-line) was supporting once broken until the next Bear Cycle
d) A Bull Flag after the MA50 break-out found support on the MA50 and 0.382 Fib and started the Altseason (green Channel Up)
e) That Bull Flag started with a MACD Bearish Cross and ended on a Bullish Cross
It appears that we are now on the stage where Alts have the 1st consolidation of the Parabolic Rally. What's remarkable and the key difference between the two Cycles, is that this time BTC has diverged massively and made a new All Time High (ATH), while alts haven't.
Of course this is directly attributed to the Bitcoin ETF, which attracted enormous amounts of capital that pumped the asset beyond the technical restrictions of this model. This may be an indication however, that part of this capital may be diverted to Alts, once partial BTC profit taking takes place, as it has happened during every Altseason.
In any event, if the Cycle continues to replicate the 2017 rally, it should reach the -1.5 Fibonacci extension, which would translate to at least a $3 Trillion Altcoin Market Cap, while Bitcoin would be close to the $200k level! That may seem unrealistic in terms of market cap, but so did the levels during the 2020/21 and 2017 rallies. It all depends on whether Bitcoin can continues to attract outside capital with this pace, which will in turn grow interest on the rest of the crypto market and also on the rate of adoption (companies, consumer use of crypto).
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BTC New Update (4H)This analysis is an update of the analysis you see in the "Related publications" section
Please note that we are in complex corrections, and trading in these areas requires thorough analysis. We aim to update our analyses step by step. In such conditions, it’s better to analyze the data rather than make predictions.
According to the previous analysis, we expect the price to reach the green zone.
The demand and supply zones in this analysis have been updated.
On the green zone, the price could potentially bounce upwards.
A daily candle closing below the invalidation level will negate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin is at a critical point - Consider this very seriously!!Hey family! Welcome to the wild world of cryptocurrencies, where the market can swing from one extreme to another in the blink of an eye. Crypto trading is known for its high volatility, which means prices can go up or down dramatically in short periods. Right now, many traders are buzzing with excitement, expecting Bitcoin to go on a bullish run. However, in such a dynamic market, it's always wise to consider the other side of the coin. Given the current sentiment, there's a good chance we might see some bearish moves too. So, while we're all hoping for the best, let's keep our eyes open for potential dips and prepare accordingly. Let's dive into today's analysis with that in mind!
Overview
This report provides a detailed technical analysis of Bitcoin (BTC) against Tether (USDT), focusing on the Ichimoku Cloud and chart pattern formation in combination.
Head and Shoulders Pattern
Pattern Description: The chart shows a Head and Shoulders pattern, which is a bearish reversal pattern following an uptrend. It consists of three peaks: the left shoulder, the head, and the right shoulder.
Identification on Chart:
Left Shoulder : Formed around mid-November.
Head : Formed in Mid December, peaking at approximately $108,000+.
Right Shoulder: Currently forming as of Jan 10, 2025, with a peak slightly lower than the head formed on Jan 7th.
Neckline : The neckline is drawn at the price level where the dips occur between these peaks and it is a wise choice to take the price zone as a whole in to consideration instead of just a specific price level. By this the neckline zone can be taken as between $89,800 & $92,400. A breakout below this level suggests a strong trend reversal.
Ichimoku Cloud Analysis
The Ichimoku Cloud, or Ichimoku Kinko Hyo, provides insights into support/resistance, momentum, and trend direction .
Here's the breakdown:
Kumo (Cloud): The cloud is formed by two lines, Senkou Span A and Senkou Span B, projected 26 periods into the future.
Current Cloud: The price has recently broken below from the upper cloud support, which was acting as support, and heading to the bottom of the cloud. This breakout below the cloud is a bearish signal indicating potential further downside.
Future Cloud : The future cloud (shaded area ahead) is sloping upwards, which traditionally would suggest bullish momentum, but given the current price action below the cloud and the reddish color it created, it might imply a false bullish signal or a potential resistance if the price attempts to recover.
Tenkan-sen (Conversion Line) and Kijun-sen (Base Line):
Tenkan-sen : This line (blue) is the average of the highest high and lowest low over the last 9 periods. It's currently below the Kijun-sen, reinforcing the bearish sentiment.
Kijun-sen: This line (red) is the average of the highest high and lowest low over the last 26 periods. The price is below both lines, indicating bearish momentum.
Chikou Span (Lagging Span) : This line shows the current price action shifted back 26 periods, providing a historical perspective.
Position: The Chikou Span is below the price action from 26 periods ago, which is another bearish signal.
Kijun-sen Cross : The Tenkan-sen crossing below the Kijun-sen while both are below the cloud strengthens the bearish outlook.
Key Price Levels
Breakout Level: $89,800 (Neckline)
Current Price: Around $92,750
Resistance: Cloud top around $95,000 - $97,000 - $100,000.
Support : Below the neckline, potential support around $85,000 to $82,000.
Volume Analysis
Volume: While high/average volume during the formation of the head might suggests strong participation, the volume during the right shoulder formation is lower, possibly indicating reduced buying interest.
Last Note : As a confluence the Trend Strength Index is also showing a declining movement both the weekly and daily charts even though it it at floor levels on the 4 Hr chart. This basically tells us that we might see some dip movements in the following days if volume continue dumping like it does in the past 3 1D candles.
Conclusion
Using the Ichimoku Cloud, we observe several bearish signals for Bitcoin:
The price is below the cloud, indicating bearish momentum.
The Tenkan-sen is below the Kijun-sen, and both are below the cloud, reinforcing the bearish trend.
The Chikou Span is below past price action, further confirming the bearish scenario.
Despite the future cloud showing an upward slope, the current price action suggests a continuation of the downtrend, with the Head and Shoulders pattern serving as a strong bearish indicator. Traders should consider this analysis in light of overall market conditions, keeping in mind that while the Ichimoku provides comprehensive insights, market sentiment and external factors also play crucial roles. Watch for any potential retest of the neckline or cloud for further confirmation of the trend.
But instead of the bearish breakout to the downward, if Bitcoin can rebound from the current price level, it is going to be yet another strong bullish move for a formation of a megaphone which is unlikely though.
For risk management, always consider using stop-loss orders, especially in volatile markets like cryptocurrency.
Stay Tuned for further updates.
With Regards.
CTE.
Bitcoin Analysis: A Break in the Uptrend – What’s Next? 25.01.10Hello, this is Greedy All-Day.
Today, we’re analyzing Bitcoin (BTC) and its recent market movements.
Recent Bitcoin Trends
Bitcoin has been facing resistance at the 99380 level (yellow box) since December 20, 2024.
As mentioned in previous briefings, a breakout above this level could signal a potential trend reversal.
The green box resistance zone aligns with the December 19, 2024 high of 102800, which has now become a critical resistance level.
Following this resistance, one might wonder if Bitcoin's trend has fully reversed.
The Break of the Long-Term Uptrend
Bitcoin’s long-term uptrend, which began on October 10, 2024, broke down yesterday.
This breakdown occurred in the orange box, marking a significant shift in momentum.
Why Is This Concerning?
Daily 60 EMA Resistance:
Bitcoin is now facing resistance at the 60 EMA for the first time in a long while, indicating bearish sentiment.
The last time Bitcoin faced resistance at the 60 EMA was in October 2024 (red box), right before the start of the previous uptrend.
Support Breakdowns:
Bitcoin appears to be breaking through key support levels, one by one.
Key Support Zone:
The green box range (90200–85160) is expected to provide strong support.
However, if Bitcoin breaks below this zone, it would trigger:
A breakdown below the daily Ichimoku Cloud.
A full trend reversal, potentially opening the door to the yellow support line, approximately 26% lower than current levels.
What Does Bitcoin Need for a Rebound?
For Bitcoin to rebound, it must break above the orange box resistance at 100700.
Why This Level Matters:
A breakout above this level would signify a trend reversal.
It would also push Bitcoin out of the Ichimoku Cloud on the daily chart, turning the cloud into a support zone rather than resistance.
Conclusion
Bitcoin has broken its long-term uptrend and the moving averages (20 EMA, 60 EMA) have shifted from support to resistance, indicating further downside risk.
Key Support Zone: 90200–85160.
If this zone holds, it could provide a strong foundation for a rebound.
If it breaks, Bitcoin will likely enter a prolonged bearish phase.
Currently, the trend is leaning bearish, and traders should keep a close watch on these critical levels to anticipate the next major move. 🚀
BTCUSD Is Too Overbought?HI today you can see the BTCUSD chart, and the higher time frame charts have shown some potential overbought levels. Is it too risky to buy and hold now? There are some important old levels that have shown some support in recent years. Be careful of the market now with BTCUSD, thanks. Is it possible that the banks can short more now? For now I am following the EURUSD more closer, thank you. Please support us by following me thanks!
#btcusd
#eurusd
#btc
#usd
#eur
BITCOIN BTC Machine Learning Approximation Strategy applied GOLDHey everyone. Here's a new trade idea potentially for Gold. I created a a new trading strategy script for Bitcoin, and I tuned the parameters for Gold. The original script is called the "BITCOIN BTC Machine Learning Approximation Strategy by NHBPROD." It implements a simplified Machine learning technique and then produces and output that can be used to buy and sell. The script is only for long trading. I'll attach a link: ( ) to the original strategy script. This is the strategy script, but I also have the indicator script which can be used to automate buy and sell signals directly to your phone, email, or your bot.
Anyway, applying the idea to Gold, and tuning the parameters gives me a pretty good backtest, AND it shows that Gold has just entered a buy zone on the daily chart.
On average according to the performance, the average trade profit is roughly 2%, so this could be a great time to buy Gold and expect a 2% gain.
BTC preparing for run to 150k technical tp on higher timeframeTechnical analysis indicating "measured move" buy setup on higher timeframes
I expect price to advance from current 88-93k buy zone (consolidation structure on 4 hr tf) back to new highs above 109k, which was previously noted as tp1 (with anticipated near term consolidation in low 90k range). It's possible we have one more retest of 88-93k levels after reaching 108-110k level on next buy wave, but as previously noted, it primarily remains a buy opportunity.
Once a move above 120k is achieved, price will be strongly in the hands of buyers (with diminishing supply) and head towards 150-155k level fairly steadily & easily to achieve technical "measured move" target.
There remains possibility that we get one final retracement from 150k but my own cycles analysis indicates that would be the final big discount opportunity IF it were to occur at all.
Price advancement above 100k is a SIGNAL that mass adoption is taking place globally and will lead to much higher highs. Any price dips below 100k remain discounts for institutional ownership
"BTC Alert: Sellers Dominate Until the Price Hits the Bottom!"BINANCE:BTCUSDT
COINBASE:BTCUSD
📈Which side you pick?
Bulls or Bears
Bitcoin (BTC) is currently forming a repetitive pattern. 📈 The price will test the identified support at the bottom of the channel, which could drive the price down toward the 86K-88K level. 📉
If the price drops below 92K, we may see a more significant decline into the 84K range, possibly accompanied by a long shadow reaching the 80-82K area (highlighted in red). 🔻🔍
🧐The Alternate scenario:
If the price stabilizes against the direction of the position below or above the trigger zone (92K), the setup will be canceled.
Bitcoin at $93K: The $6.5B Auction That Could Shake the market1/
🚨 Breaking News: The U.S. DOJ is set to auction $6.5B in Bitcoin, raising questions about market impact. With Bitcoin at $93K and institutional adoption at its peak, is this a turning point? Let’s break it down. 🧵
2/
💪 Strengths of Bitcoin:
🌍 Decentralized Power: No single entity controls Bitcoin.
💎 Scarcity: Only 21M BTC will ever exist—a store of value like no other.
🔒 Network Security: A high hash rate makes Bitcoin one of the most secure blockchains.
3/
📉 Weaknesses:
🕒 Scalability: High transaction volumes lead to slower confirmations.
🌱 Environmental Concerns: Mining’s energy use sparks global debates.
🤔 Complexity: Managing wallets and private keys remains a challenge for beginners.
4/
🌟 Opportunities:
🏦 Institutional Adoption: Major players like BlackRock are entering the space.
🌐 Global Remittances: Bitcoin shines in regions where traditional banking fails.
🪙 Halving Impact: The 2024 halving could reduce supply, pushing prices higher.
5/
⚠️ Threats:
📜 Regulatory Risks: Government actions, like this auction, could create turbulence.
📉 Volatility: Wild price swings still deter traditional investors.
🛠️ Tech Challenges: Rapid innovation might challenge Bitcoin’s dominance.
6/
💵 Valuation at $92,728:
Is Bitcoin overpriced? Some argue its scarcity and adoption justify the value. Others see a speculative bubble.
What do you think—store of value or hype-driven rally? 🤔
7/
📉 The $6.5B Auction Impact:
The DOJ’s planned sale caused a 2.78% BTC dip. Historically, such auctions show limited long-term impact. From March 2023 to today, Bitcoin surged 375% despite similar events. 💥
8/
🤔 Political Timing?
Is this auction politically motivated? Some speculate it’s a preemptive move ahead of a Trump presidency. Critics argue it’s fiscally irresponsible to sell low now, only to potentially buy back higher later. 🏛️
9/
🛠️ Market Response:
Structured auctions avoid market floods. Past events show resilience, with analysts like Ki Young Ju saying, "The $6.5B sale could be absorbed in a week. Don’t panic." The question is: Will history repeat?
10/
💬 Your Take on the Auction:
How will the $6.5B Bitcoin auction impact the market?
Will it spark short-term volatility or will the market absorb the volume effortlessly? Share your thoughts in the comments below! 📩
BTC - 4H Consolidation LikelyThe current low market volume is typical during the Christmas and New Year holiday period, as institutional players and many retail traders reduce activity. This reduction in liquidity often leads to lower volatility and smaller price movements. In this scenario, BINANCE:BTCUSDT appears to be consolidating within a well-defined range, as highlighted by the resistance zone around $99,000 and the support zone near $92,000.
With minimal external market drivers expected until trading activity picks up after the holidays, BITSTAMP:BTCUSD is likely to remain range-bound. This sideways movement aligns with historical behavior during low-volume periods, where breakouts or significant trends are less frequent. Traders should consider this low-volatility environment when planning short-term strategies.
BTC - 1H PulllbackBitcoin has formed a bearish descending channel following a sharp bearish spike, indicating continued downward momentum. Currently, the price is showing signs of recovery and may rise towards the channel base around the $97,000 resistance zone.
This resistance zone, marked by previous rejections and high selling pressure, is a critical area to monitor. It offers a potential opportunity to enter short positions if rejection signs are observed, with expectations of further declines from that zone.
Traders should remain cautious and wait for confirmation of price action at the resistance before entering positions. Both bullish retracements and potential rejections at resistance offer opportunities for strategic trades. 🚀