why BTC will hit 120K mark on 17th january?from september 17th to december 17th bitcoin made the bullish moves and based on this "ASSUMPTION" i think bitcoin will hit 120k on 17th of january.
and then after reaching 120K and based on the news it can rise upto 135K thats it 135K or less and then the bear rally can goes upto 76k to 85k or in between.
alt season will come after january or at the last week of january.
not a financial advice.
just a thought before i was trying to sleep while reading charts and playing youtube alongside.
thankyou
Bitcoin (Cryptocurrency)
From Moonboys to Bag Holders: The Bitcoin SagaAh, the Anatomy of a Mania , the chart that keeps on giving! Bitcoin chilling at GETTEX:97K in the ‘New Paradigm!!!’ zone? 🚀💎🙌 Translation: everyone’s sipping on hopium smoothies and thinking they’re financial geniuses. Spoiler alert: they’re not. 😏
Next up? Bull Trap Boulevard—where FOMO warriors jump back in screaming ‘TO THE MOON!’ 🌕 only to realize they just bought the top... again. 😬 Then we head straight to Capitulation Carnival, where wallets cry louder than the people who said ‘I’ll never sell!’ 🤡 And let’s not forget the VIP afterparty at Despair Dungeon—population: bag holders. 😭
But hey, don’t let me stop you. Ride that red line, champ! 📉 I’ll be waiting at the mean reversion party with my popcorn. 🍿😎
A sweet spot to pull-backTechnical analysis chart for Bitcoin (BTC) against the US Dollar (USD) on the Kraken exchange over a 3-day period.
It highlights key support levels and the influence of major US stocks, which can be relevant when analyzing pullbacks. The chart includes indicators like the 150-day Exponential Moving Average (EMA) and a significant support level between 75,000 and 80,000 USD for Bitcoin. It also mentions the top 8 US stocks, referred to as "The Hateful 8," which include Nvidia, Broadcom, Apple, Microsoft, Google, Meta, Amazon, and Tesla.
Bitcoin Analysis==>>Last Chance!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($100,000-$98,000) and near the Resistance lines .
Regarding Elliott's wave theory , I still see the waves as corrective . It is likely that Bitcoin is completing a Double Three Correction(WXY) so that it is currently completing a wave Y .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks ( between volume and price ).
In addition, USDT.D% ( CRYPTOCAP:USDT.D ) is moving near the Support zone and the lower line of the descending channel , so we can expect an increase in this index in the coming hours, and the increase in USDT.D% can cause Bitcoin to decrease .
I expect Bitcoin to start falling from the Resistance zone($100,000-$98,000) , Cumulative Short Liquidation Leverage , and Resistance lines again. The First Target can be the Support zone($96,680-$95,500) . If Bitcoin breaks the Support zone($96,680-$95,500), we can expect the CME Gap($94,830-$94,420) to be filled.
Cumulative Short Liquidation Leverage: $100,000-$99,000
Cumulative Long Liquidation Leverage: $96,000-$95,000
⚠️Note: If Bitcoin breaks the Resistance lines and Resistance zone($100,000-$98,000), we can hope for a further increase in Bitcoin.⚠️
🙏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.
Fiat Hunger Games: May the Worst Currency Win! Picture this: Fiat currencies are in a brutal marathon... but instead of crossing the finish line, they're tumbling headfirst into a pit of gold. 💸💥
Gold vs. USD, CAD, AUD, NZD, ZAR, INR —and the results are in: everyone’s losing. Some faster than others. Spoiler alert: AUD and NZD are nose-diving like they’re auditioning for the next Fast & Furious movie. Meanwhile, the USD is barely holding its head above water. 🟢
But here’s the kicker: while your dollars, rupees, and loonies are playing "How Low Can You Go," guess who’s quietly laughing all the way to the vault? Russia and China. 🤫
With 1,684 and 1,811 tons of gold stockpiled, they’re not just buying bars—they’re buying insurance against a crumbling fiat system. 🏦✨
And let’s be real—if the world’s biggest players are hoarding gold like it’s a Black Friday deal... what does that say about your hard-earned cash?
Time to ask yourself: Are you in the right race? Or are you sprinting alongside fiat currencies into the abyss?
Gold doesn’t race to the bottom. It’s the finish line. 🏁 #GoldStandard #FiatCollapse
Support around 97461.86 is the key
Hello, traders.
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Have a nice day today.
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When USDT is moving sideways, USDC seems to be leading the coin market in the short term by gapping up.
For the altcoin bull market to start, BTC dominance must remain below 55.01 or show a downward trend.
USDT dominance is expected to touch around 2.84 at the most.
If it touches around 2.84 and starts to rise, the coin market is expected to turn into a downtrend.
If USDT dominance rises above 4.97, a sharp decline is expected in the coin market.
After that, the trend of the coin market is expected to be determined depending on whether it is supported or resisted around 4.97.
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(NAS100USD 1D chart)
The point to watch is whether NAS100USD can rise above the support zone and be maintained.
The high point boundary zone is likely to be applied as a resistance zone, but if it breaks through upward, it is likely to create a new upward wave.
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(BTCUSDT 1D chart)
If it receives support near 97461.86, it is expected to turn into a short-term uptrend.
However, USDT must show a gap-up trend.
If not, it will fall again.
You should also check if the BW and DOM indicators rise above 0 and if the candle's Body color turns green.
Confirming support is a tedious and difficult task that requires checking the movement for at least 1-3 days.
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The point of interest is whether it can receive support near 101947.24 around January 10, the next volatility period.
If it falls, it is important to see whether it supports the important support and resistance area of 93576.0-94742.35.
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Thank you for reading to the end. I hope you have a successful transaction.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been in an upward trend since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Ethereum: 120% Upside Potential from here!CRYPTOCAP:ETH NASDAQ:ETHA
You thought crypto was dead?! Not by a long shot friends!
- Bull Flag retest then Higher low
- Breakout of Cup&Handle coming soon
- Williams CB thriving
- H5 Indicator is GREEN
- Launching off Volume Shelf into ATH's
Measured Move: $6800!🎯
Not financial advice
Bitcoin - Please Look At This Timeframe!Bitcoin ( CRYPTO:BTCUSD ) is still totally bullish:
Click chart above to see the detailed analysis👆🏻
Please just make sure, that you don't trust Bitcoin with its daily swings of more than -5%. Looking at the overall picture, Bitcoin is still incredibly bullish and almost trading at its all time high. Bulls are 100% in control of everything and some profit taking along the way is just normal.
Levels to watch: $70.000, $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Will Bitcoin Break the Heavy Support Zone!? Happy New Year 2025 ! May this year bring you health , happiness , and financial success 🎉.
Let's make it a year of growth and prosperity together !
First, let's take a look at the reasons for Bitcoin's decline these days :
1 - Profit-Taking : Long-term investors are selling after 2024's gains.
2 - Federal Reserve Policy : Slower rate cuts in 2025 have dampened optimism .
3 - Macroeconomic Concerns : Inflation risks and high-interest rates affect sentiment.
4 - Institutional Activity : Reduced MicroStrategy purchases and Bitcoin ETF outflows show declining institutional interest.
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Now, let's take a look at the Bitcoin ( BINANCE:BTCUSDT ) chart from the point of view of Technical Analysis :
Bitcoin is currently moving in a Heavy Support zone($95,000-$90,870) and is trying to break this zone. Also, the most important Resistance for Bitcoin , in my opinion, right now is the 50_SMA(Daily) and in the next step $98,100 .
In addition, with the closing of the monthly candle , we can also see the Shooting Star Candlestick Reversal Pattern .
After breaking the Uptrend lines , I expect Bitcoin to fall at least to the width of the Ascending Channel(broken) and Potential Reversal Zone(PRZ) .
Cumulative Short Liquidation Leverage : $97,686-$96,380
Cumulative Long Liquidation Leverage : $91,446-$90,000
⚠️Note: If Bitcoin breaks the Resistance lines and Resistance zone($96,620-$95,500), we can hope for a further increase in Bitcoin.⚠️
🙏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.
Long Story short for BTCHistory hasn't failed yet, so the four-year cycle is still intact until it isn't. I have stretched this chart out for the next couple of years so that you can get a good idea of where the potential bottom will be during the next bear market. I plan to accumulate as much as possible the closer it gets to 66k. If we do reach a 150-250k top this cycle then I will expect a bear market bottom between 66-76k. Watch my levels and use them as a guideline. Historically Bitcoin has NEVER returned to the price its low during the US election week:
2012 Election Week Low - $10
2016 Election Week Low - $700
2020 Election Week Low - $13,200
2024 Election Week Low - $66,800
that brings us to now... if this doesn't indicate the current market sentiment then I don't know what will. There's a reason why many genius economists are speculating a 1 million dollar bitcoin in the next 8 years.
BTCUSD ShortOn the higher timeframe we've broken a down trendline and price has stalled out, not completing the Fibonacci sequence. We had a shallow retracement.
I see the potential for retracement to $77K to $79K with the potential for deeper retracement to $68K should we break the key level of support to the downside.
Bitcoin's Wave 5 of 5: The Road to 180k?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#Bitcoin Fractal Potential (Log):
Bitcoin’s price movements have long fascinated analysts, particularly the recurring fractal patterns observed within actionary waves. These patterns, while intriguing, require careful interpretation, as they do not guarantee future outcomes but offer potential insights into the market’s trajectory.
This analysis focuses on wave 5 (W5) within the actionary waves 1 and 3. Historically, W5 has often been the longest wave in these sequences, suggesting a possibility for significant movement if the pattern persists. However, it’s essential to approach these projections with caution and flexibility.
The Wave Structure
In Elliott Wave Theory, actionary waves 1, 3, and 5 are motive waves, typically impulsive and aligned with the primary trend. Among these, wave 3 usually attracts speculative momentum, leading to significant price moves. Historical data suggests, in this case, that wave 5 has frequently outpaced waves 1 and 3, hinting at the potential for the final wave 5 to extend as well. This pattern, while intriguing, is not a fixed rule and should be treated as a hypothesis rather than a certainty.
Key Levels: W4 and Conservative Pivots
For wave 5 to develop, wave 4 (W4) must establish firm support. Currently, the critical level to watch is 86.8k. If Bitcoin holds this level, it could provide a foundation for further upward movement. Using conservative pivots, potential targets for W5 are estimated between 145k and 180k. These projections are based on historical extensions but remain speculative and contingent on market conditions.
Potential Scenarios
Bullish Case: If Bitcoin holds above 86.8k and demonstrates impulsive upward moves, it increases the likelihood of hitting the projected targets. Look for strong rallies and corrective pullbacks as indicators of sustained momentum.
Bearish Case: A failure to maintain support at 86.8k could invalidate the W4 setup, suggesting a deeper correction or a shift in the wave structure. This would necessitate reevaluation and could indicate a prolonged consolidation phase.
Caveats and Confluence
While the projections are based on historical patterns, they are not deterministic. The potential alignment of area levels and Fibonacci zones adds confluence but does not eliminate uncertainty. Observing impulsive price movements and corrective behaviors at smaller degrees is crucial for confirmation.
It’s also important to remain aware of external market factors that can influence Bitcoin’s price action. These variables can disrupt even the most well-founded wave structures.
Final Thoughts
The potential for Bitcoin to reach 145k-180k is an exciting prospect, but it is not a foregone conclusion. Traders should treat these projections as one piece of the puzzle and incorporate other tools and analyses. Flexibility and adherence to key levels are essential to navigate the inherent uncertainty of markets.
Whether history repeats or diverges, the coming months will provide valuable insights into Bitcoin’s fractal tendencies and market behavior.
Trade safe, trade smart, trade clarity.
an analysis on BTCBINANCE:BTCUSDT
✅ Currently, with the break of the $97,500 resistance, it can grow to the top of its trading range, which is the $99,500 range 👌
✅ Bitcoin's exit from the top of the short-term trading range will start a new upward wave and record a new high for Bitcoin 👍
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
HelenP. I Bitcoin will make movement up and then start fallHi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price declined to the support level, which coincided with the support zone, and then even broke this level and declined a little below the support zone. Soon BTC turned around and started to grow, broke the support level one more time and some time later reached the resistance level. Price tried to break this level, after which it dropped to the support zone and then in a short time back up to the resistance zone. Bitcoin some time traded inside the resistance zone and then rebounded up to the trend line and then started to decline. In a short time, the price declined to the support level, which coincided with the support zone, breaking the 101000 resistance level and starting to trades inside consolidation. In range, BTC some time traded near the support level and then bounced up to the top part of the consolidation, and even reached the trend line and then in a short time declined to the support zone. After this movement, BTC rebounded and broke the trend line and now continues to grow. So, in my mind, BTCUSDT will grow a little more and then start to decline to the support level. For this case, I set my goal at the 93100 level. If you like my analytics you may support me with your like/comment ❤️
Bitcoin can continue to decline inside downward channelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and dropped to the support level, which coincided with the buyer zone. After this, the price rebounded from the 92800 level, rose to the resistance level, and even rose higher, breaking it again. Soon, BTC turned around and in a short time declined to support level, breakingthe 97500 level one more time and then it made impulse up. Price rose higher than the resistance level, but soon turned around and started to decline inside the downward channel, where it broke the 97500 level again and then fell to the channel's support line. Next, the price tired to grow, but failed and continued to decline. Later BTC fell to the support level, and even declined lower, reaching the support line of the channel, after which it started to grow. in a short time, BTC rose to the resistance line of the channel, breaking the 92800 level, but recently it turned around and fell to the support level. Now, I expect that BTC can rise a little more to almost the resistance line of the channel and then fall to the support level. Then price can break this level and continue to decline inside the downward channel. So, I set my TP at 91000 points. Please share this idea with your friends and click Boost 🚀
Bitcoin: A New Year's Gift? Engulfing Zones Signalhello guy!
First of all! Happy New Year!
I believe in a long position here! Why? let's explain it!
Engulfing Zones:
The term "engulfed" on this chart represents price levels where strong price movements absorbed opposing orders, marking areas of liquidity shifts.
The most recent engulfing level near $93,500 is a critical pivot. It has established itself as a short-term resistance point to watch.
Support Zone:
The shaded region around $91,000–$92,000 has consistently acted as strong support, with multiple rejections confirming its significance.
This zone is crucial for maintaining the current bullish structure.
Resistance Levels:
First Resistance: $93,500–$95,000, which aligns with prior engulfing price action.
Major Resistance: $97,271, marking the upper boundary of the consolidation range and a potential breakout zone.
Trend Structure:
The chart suggests a building bullish structure, with higher lows forming. This indicates buyers are gradually stepping in at higher price levels.
Potential Breakout Setup:
The chart projects a bullish breakout above $93,500 and a test of $95,000. A sustained move above $95,000 could pave the way for a rally toward $97,271.
____________________________________
Scenarios to Watch:
Bullish Scenario:
A breakout above $93,500 confirms momentum toward $95,000. Clearing this resistance opens the path to $97,271 and possibly higher levels.
The continuation of higher lows supports the bullish outlook, provided the price remains above $91,000.
Solana $SOLUSD Trend line Break Out Solana COINBASE:SOLUSD Trend line Break Out
### Trend Line Breakout: A Technical Analysis Description
A **trend line breakout** is a key concept in technical analysis used by traders and investors to identify potential shifts in market trends and price momentum. Here's an in-depth explanation:
#### 1. **Understanding Trend Lines**
- **Definition**: A trend line is a straight line drawn on a price chart that connects at least two significant price points, acting as a support in an uptrend or resistance in a downtrend.
- **Purpose**: Trend lines help to visualize the direction of the market (uptrend, downtrend, or sideways movement) and provide a framework for understanding price behavior.
#### 2. **What is a Breakout?**
- A **breakout** occurs when the price moves decisively above a resistance trend line (in a downtrend) or below a support trend line (in an uptrend).
- The breakout signifies a potential change in the prevailing trend, which could lead to the beginning of a new trend or an acceleration of the existing trend.
#### 3. **Types of Breakouts**
- **Bullish Breakout**: When the price breaks above a resistance trend line, indicating a potential upward move.
- **Bearish Breakout**: When the price breaks below a support trend line, signaling a possible downward move.
#### 4. **Key Characteristics of a Trend Line Breakout**
- **Volume Confirmation**: Breakouts accompanied by high trading volume are considered more reliable as they reflect stronger market participation.
- **Retest of Trend Line**: After a breakout, the price often retests the trend line before continuing in the direction of the breakout.
- **Magnitude of Move**: The strength of the breakout can indicate the potential magnitude of the subsequent price move.
#### 5. **How to Use Trend Line Breakouts**
- **Entry Points**: Traders often enter positions in the direction of the breakout, buying during bullish breakouts or selling short during bearish breakouts.
- **Stop-Loss Placement**: Stops are typically placed just below the breakout level (for bullish breakouts) or above (for bearish breakouts) to manage risk.
- **Target Price**: Measured moves or projections based on prior price patterns or Fibonacci extensions can guide profit-taking.
#### 6. **Common Pitfalls**
- **False Breakouts**: Sometimes, the price moves briefly beyond the trend line but fails to sustain momentum. These are referred to as false breakouts and can trap traders.
- **Over-reliance on Trend Lines**: Trend lines are just one of many tools; confirmation from other technical indicators (e.g., RSI, MACD) enhances reliability.
#### 7. **Examples and Real-World Applications**
- **Uptrend Breakout**: In an uptrend, a breakout above a consolidating resistance trend line may signal the continuation of the bullish momentum.
- **Downtrend Breakout**: In a downtrend, breaking below a support trend line can indicate further bearish pressure.
Trend line breakouts are integral to many trading strategies. By understanding their mechanics and combining them with other analytical tools, traders can effectively capitalize on market opportunities while managing risks.