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Bitcoin (Cryptocurrency)

BTC Range from a Premium & Discount PerspectiveBitcoin has been known to be in range, and we can use tools to analyze it's price action: 1. Trendline Tops & Bottoms as Support & Resistance 2. Trendline Channel 3. Premium & Discount Range For Premium & Discount Range, configure the Fib into 0.25, 0.5 and 0.75. These levels act as Intermediate Support & Resistances. Here, I do not use Fibonacci retracements, but could easily view my chart in a clear manner. We will have to see how price reacts around these channel and ranges to understand it's movements. Hope it helps, follow if you like more chart analysis. Thanks!
BITSTAMP:BTCUSD
by solfury
How to nail BTC flash crashes and see into the future!The most accurate analyst on TView is back! The only one who calls black swan events before they happen, calls bottoms on the day they happen and calls flash crashes hours before they occur, is back on TView. Yesterday I posted this privately: Left chart yellow arrow shows everytime the right chart USDT Dominance hit the green trendline. Break down below red line on RSI and the green trendline on chart for USDT.D should take BTC to yellow line or red line above on left chart. Bounce off these lines on USDT.D chart and BTC trade would be a short right now. I have closed the short trade now based off another chart which I won't show here. If I show this other chart publicly it will get invalidated as it is a fractal showing every move BTC has made for the last 6 weeks including yesterdays flash crash. Seeya soon for more alpha analysis!
by Pro_Trader_HTBB
1
Update the scenario for BTC.Dom - When might Altseason actually?Currently, BTC.Dom CRYPTOCAP:BTC.D is following the second scenario I mentioned in my previous post. This is the only scenario I can think of right now. According to this scenario, I predict that from now until Trump's inauguration, it will remain quite challenging for Altcoins. To determine whether Altseason will occur, it’s best to wait until the beginning of February to make an informed decision about deploying capital. The image below shows instances of the M-pattern , where the second peak is higher than the first, followed by significant **Altcoin growth** in previous seasons. If this second scenario doesn’t play out, my concern is that BTC.Dom could return to the 70 region. In that case, Altcoins would be completely crushed, and I truly hope this worst-case scenario doesn’t happen. :(
CRYPTOCAP:BTC.D
by Unikryptonian
Opulous ($OPULUSDT): Awaiting Entry for 100% + Upside in MusicFiI spend time researching and finding the best entries and setups, so make sure to boost and follow for more. **Opulous ( KUCOIN:OPULUSDT ): Awaiting Entry for Promising Upside in MusicFi** Trade Setup: - Entry Price: $0.06486 (Pending Activation) - Stop-Loss: $0.04369 - **Take-Profit Targets:** - **TP1:** $0.14686 - **TP2:** $0.24000 **Current Price:** $0.07048 Fundamental Analysis: Opulous ( KUCOIN:OPULUSDT ) is leading the way in MusicFi by merging decentralized finance (DeFi) with the music industry. Through its platform, artists can mint music as NFTs, allowing fans to directly invest in their music and share in royalty streams. This revolutionary approach is disrupting traditional music rights management and has garnered significant attention from artists and investors alike. Recent developments, such as new artist partnerships and an increase in platform adoption, underscore Opulous’s potential to drive innovation in the blockchain space. Tokenomics Overview: - **Total Supply:** 500 million tokens. - **Utility:** Facilitates music NFT transactions, staking, and royalty payments. - **Growth:** Rapid adoption within the MusicFi niche, attracting both artists and investors. Technical Analysis (4-Hour Timeframe): - Support Levels: $0.06500 is a strong support zone near the anticipated entry price, aligning with previous price consolidation levels. - Resistance Levels: $0.07500 is the first key resistance, with further resistance at TP1 ($0.14686). - Moving Averages: - 20-EMA: $0.07000 - 50-EMA: $0.06700 - Relative Strength Index (RSI): Currently at 57, signaling neutral momentum, providing room for further upside. Market Sentiment: Interest in MusicFi continues to grow, with Opulous at the forefront of this trend. The unique proposition of allowing fans to invest in music royalties via NFTs is driving increased market interest. Community engagement remains strong, reflecting confidence in the project’s long-term potential. Risk Management: The stop-loss at $0.04369 provides protection against significant downside risk, while the take-profit targets offer excellent upside potential. TP1 represents a **126% return**, and TP2 offers a potential **270% gain**, making this trade highly attractive for mid- to long-term investors. Key Takeaways: - Opulous is uniquely positioned to capitalize on the growing MusicFi trend, blending blockchain with real-world applications in the music industry. - Awaiting a pullback to $0.06486 for an optimal entry point into this promising setup. - The trade offers a compelling risk-to-reward ratio, ideal for swing traders and long-term holders. When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
Long
by SiriusTrading
Market Pulse: Bitcoin's Dip & BlueZelle's ResilienceDespite Bitcoin's sharp downturn, BlueZelle shows signs of stability and potential recovery. An analysis of market psychology, key liquidity zones, and technical indicators suggests a optimistic outlook. COINBASE:BTCUSD CRYPTO:BTCUSD COINBASE:BLZUSD CRYPTO:BLZUSD Bitcoin's Downturn: The recent Bitcoin drop was expected, with clear resistance and range boundaries acting as decisive zones. BlueZelle's Stability: Despite overall market weakness, BlueZelle demonstrated resilience, with liquidity clusters indicating sustained buyer interest. Bollinger Bands Analysis: Convergence of the Bollinger Bands suggests a key liquidity zone, supporting the likelihood of upward price movement. Oscillator Signals: Both RSI and Stochastic indicators are emerging from oversold territory, hinting at bullish sentiment. Market Psychology: Fear, greed, and herd mentality are driving current price action, but signs of stabilization are emerging. Key Price Levels: Short-term retracement is expected to reach key levels around $0.068, with potential for further upside. Strategic Advice: Avoid panic selling during downturns; market corrections are temporary, and historical patterns suggest rebounds are likely. In this video update, we dive deep into the current state of Bitcoin and BlueZelle amidst a broader market correction. Bitcoin's downward trajectory aligns with previously observed resistance and range boundaries, suggesting the move was not entirely unexpected. Meanwhile, BlueZelle demonstrates remarkable resilience despite Bitcoin's turbulence, with key liquidity zones converging and strong buyer sentiment supporting price stability. The analysis emphasizes the importance of understanding market psychology, crowd behavior, and technical indicators like Bollinger Bands, RSI, and Stochastic Oscillators. Emphasis on patience and strategic decision-making, caution against panic selling during dips. With an expected retracement to key levels and potential bullish continuation, the market remains cautiously optimistic.
by Hollywood260AB
2
"BTCUSDT Alert: Short Signal Activated at the Hunt Level!"BINANCE:BTCUSDT COINBASE:BTCUSD 📈Which side you pick? Bulls or Bears ----> Quick help: look at Negan's bat! SL1 ---> Low-risk status: 1x-2x Leverage SL2 ---> Mid-risk status: 3x-4x Leverage (If there is just one SL on the chart, I suggest, low risk status) As you can see, Bitcoin (BTC) is currently forming a repetitive pattern. 📈 When the price pulls back to the identified resistance level, we can expect another bearish move, which could potentially drive the price down toward the 92K level. 📉 If the price drops below 92K, we may see a more significant decline into the 88K-84K range, possibly accompanied by a long shadow in a recent candle pattern. 🔍 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 96,779 95,247 93,254 🔴SL: 101,826 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Short
by CrazyS
2025-01-07 - priceactiontds - daily update - bitcoinGood Evening and I hope you are well. tl;dr bitcoin - Bearish. Yesterday’s bullish read correct and I would write it that way again. Bears took control of the market with the break below 101k and we just melted lower. We now have a perfect head & shoulders pattern with a target that aligns with my overall read and year end comment but confirmation will only be below 90000. The lower high 102718 was high enough and we could just go down from here. Buckle up crypto bros. comment: Nasty bull trap and we have an amazing bearish outside down bar. I expect 92000 next and maybe 90k. Can bulls reverse this again to go above 103k? 100k maybe but I highly doubt anything above that. The head & shoulders looks good but confirmation is only below 90k. current market cycle: trading range key levels: 90000 - 103000 bull case: Bulls need to stop the selling and trade back to 100k and go sideways to keep the market neutral. If bears continue tomorrow, most bulls won’t hold long and have to cover again and will only look to enter closer to 90k. Bulls don’t have too much going for them after the huge reversal bar today. Invalidation is below 90000. bear case: Bears need follow-through tomorrow and a retest of 93000 or lower. Since the market has been going sideways for 2 months, the odds of a breakout below are small. Bears see today’s selling strong enough for at least a second leg and a measured move would bring us to 90000. I will watch for intraday shorts near the 1h 20ema. Invalidation is above 103000. short term: Bears are in control again and want a second leg down to 89k - 93k. I want to see a pull-back to the 1h 20ema and a strong signal bar before I add to shorts. medium-long term: 75000 is my biggest target for now and until bears get there, any lower target is just unreasonable. My bias is bearish going into 2025 and I think the odds of a bigger leg down are good. current swing trade: Short since 98k. Want to see 90k next to take some profits and add again higher or on a strong break below 90k. trade of the day: Shorting the breakout below 101k was amazing.
CRYPTO:BTCUSDShort
by priceactiontds
Capital Shifts in Crypto: Liquidity, Corrections, and the FutureOn a growing market, each correction serves as a mechanism for capital redistribution. In the cryptocurrency sector, where the market is relatively small, profit-taking on major assets like Bitcoin (BTC) and Ethereum (ETH) has a significantly negative impact on less capitalized altcoins. Analogy with traditional markets Traditional financial markets follow similar principles. Here, Bitcoin can be compared to gold, while altcoins are akin to stocks or bonds. When positions in gold are closed, the fluctuations are less noticeable due to the market's greater liquidity and volume. However, stocks, with their lower capitalization, show significant volatility, leading to an equivalent increase in potential dollar gains. Depth and structure of the crypto market The crypto market still lacks depth, predominantly involving small-scale investment funds by global standards. Competition among expert traders and investors is limited, leading to low profitability or zero gain on bear markets, where professionals trade against each other, for instance, Wintermute traders against GSR traders. In traditional markets, where both professionals and retail investors participate, professionals have an advantage due to more variables. Liquidity and spread Both markets allow for earning on the spread, although currently, spreads are relatively small. The redistribution of liquidity, especially during market downturns, is driven by both psychological factors and the technical aspects of position closing, particularly when comparing futures trading with combined spot and futures trading. Indexation and synthetic assets The creation of indexes in the crypto sphere could be the next step. There are already examples like Reserve Rights (RSR), where real-world assets are tokenized to create stablecoins. Forming indexes similar to the S&P500 or US100 could combine crypto assets by similar characteristics, increasing liquidity and opening new investment avenues. However, this could lead to issues similar to those in 2007 in traditional markets, where "packages" included high-risk assets. Conclusion Implementing such tools might soften the liquidity redistribution effect for retail investors but could complicate things for funds and market makers, reducing their ability to buy assets at reduced prices. The cryptocurrency market is at the stage of mass adoption, and upon completion of this process, new forms of digital money may emerge. Written by Alexander Kostenich (WIDECHAR), Horban Brothers.
CRYPTOCAP:USDT.DLong
by horbanbrothers
Bitcoin Continues Consolidating Within Key RangeChart Analysis: Bitcoin remains in a long-term uptrend, supported by an ascending trendline (black line) and recently consolidating within a rectangular range near $96,000. 1️⃣ Ascending Trendline: The long-term trendline continues to act as dynamic support, underpinning Bitcoin's bullish structure. Traders may watch for price reactions near this trendline for potential bounce opportunities. 2️⃣ Key Range: Bitcoin is consolidating between $96,000 (support) and $110,000 (resistance). A breakout above $110,000 would confirm bullish momentum, while a break below $96,000 could signal downside risks. 3️⃣ Moving Averages: 50-day SMA (blue): Positioned near $91,000, providing short-term dynamic support. 200-day SMA (red): Rising around $70,000, confirming the long-term bullish trend. 4️⃣ Momentum Indicators: RSI: Hovering near 51, indicating neutral momentum after cooling off from overbought conditions. MACD: Momentum remains positive, but recent consolidation has led to a flattening trend in the MACD. What to Watch: Monitor the $96,000-$110,000 range for potential breakout opportunities. A breakout above $110,000 could target new highs, while a drop below $96,000 may test the ascending trendline or lower supports. Look for RSI or MACD divergences to confirm breakout direction. Bitcoin remains within a bullish structure, with the ascending trendline and moving averages providing key levels to follow. The consolidation phase offers a clear technical setup for the next directional move. -MW
FOREXCOM:BTCUSD
by FOREXcom
Expect ETHEREUM to start outperforming BITCOINOn this analysis we compare Bitcoin's last two Cycles to Ethereum's. The recent underperformance of ETH against BTC has got many worried but in our view, there is no reason for concern. This 'lagging' is something ETH did on its previous Cycle as well. While Bitcoin already broke to a new ATH in December 2020, Ethereum was still significantly under it. Once the break out happened, ETH outperformed BTC by double the rise to the Cycle's Top (+789% against +337%). As Ethereum is once more lagging but it is holding its 1week MA50, we expect to start outperforming Bitcoin again, which is leading with a break out. In our view the time to move to the 'undervalued' Ethereum is now. Follow us, like the idea and leave a comment below!!
CRYPTO:BTCUSDLong
by TheCryptagon
7
1inch/UsdtBINANCE:1INCHUSDT $1inch/Usdt 📉 Current Price: $0.4000 📊 Support Level: $0.4303 (🛑 If it holds here, price may rise.) 🔼 Resistance Levels: • $0.500 🚪 (First resistance) • $0.553 🚧 (Second resistance) • $0.600 🎯 (Target if upward momentum continues) ❌ If support at $0.4303 doesn’t hold: ⬇️ Next Support Levels: • $0.3736 🔻 (First lower support) • $0.3143 🔻 (Second lower support) Not Financial Advice! Just an analysis for fun.
Long
by Wolftrader1337
BTC/USDT Pullback to Key SupportThe chart highlights Bitcoin's breakout from a symmetrical triangle formation, followed by a pullback to a critical support level. This price action indicates a period of consolidation before the next significant move. Key Observations 1. The breakout from the symmetrical triangle has propelled the price upward, signaling bullish momentum. 2. The area around $97,100 is a crucial support level where buyers may step in. 3. A breakdown below $97,100 could lead to further downside, indicating a continuation of the pullback. 4. If the price holds above this support, a strong bounce and continuation of the uptrend are expected. Strategic Implications Monitor the $97,100 level closely. A strong defense of this support could provide an opportunity for long positions, targeting the next resistance levels. Conversely, a confirmed break below $97,100 would warrant caution, as it may signal further downside. Patience and careful observation are essential to capitalize on the next move effectively.
by wsaetos
Bitcoin Roadmap!!!Bitcoin ( BINANCE:BTCUSDT ) is still moving in the Resistance zone($100,000-$98,000) . Compared to the previous analysis , I still have the opinion of correction on Bitcoin . Regarding Elliott wave theory , Bitcoin seems to have completed the main wave Y with the Ending Expanding Diagonal . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks . Also, USDT.D% ( CRYPTOCAP:USDT.D ) is in a very sensitive zone . Given that USDT.D% is near the lower line of the descending channel , the support lines , and the support zone , I expect USDT.D% to trend higher and close to the Resistance zone in the coming hours , and the increase in USDT.D% can cause Bitcoin to decrease .👇 I expect Bitcoin to fall AFTER breaking the lower line of the Ending Expanding Diagonal. The First Target can be around $98,000 . ⚠️Note: If Bitcoin breaks the Resistance lines and Resistance zone($100,000-$98,000), we can hope for a further increase in Bitcoin.⚠️ Cumulative Short Liquidation Leverage: $100,840-$100,000 Cumulative Long Liquidation Leverage: $97,870-$97,000 Cumulative Long Liquidation Leverage: $96,000-$95,000 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 1-hour 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. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
8