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Bitcoin (Cryptocurrency)

Bitcoin’s December Outlook: Consolidation or Trend Reversal?Bitcoin Bull Market: Is It Over? A Closer Look at December's Impact Bitcoin (BTC) has demonstrated resilience in December, with a modest decline of less than 2.5% as traders anticipate the crucial monthly and yearly candle close. BTC Price Performance in December Despite being approximately $15,000 below its recent all-time highs, BTC/USD has only depreciated by 2.4% compared to its December opening. This positions Bitcoin as a strong performer in 2024, with the broader bull market narrative remaining intact upon a long-term perspective. Analysts project a potential 145% price increase for Bitcoin from this year's levels. Key Insights for the Week The coming week holds significant importance for Bitcoin's trajectory. A weekly candle close below $92,800 could signal the start of a bearish trend, potentially driving prices toward $79,580 and $71,400 in January. Conversely, if Bitcoin stabilizes above $92,800, it is likely to trade within the range of $92,800 to $103,760. For a renewed bullish outlook, a daily candle close above $103,560 is critical, as it would pave the way for upward movements toward $127,510 and $149,100. Key Levels to Watch Pivot Line: $92,800 Support Levels: $79,580, $71,400, $64,920 Resistance Levels: $103,757, $127,511, $149,100 Trend Outlook Consolidation: Between $92,800 and $103,760 Bearish Trend: Below $92,800 Bullish Momentum: Above $103,560
BITSTAMP:BTCUSDShort
by SroshMayi
The ₿itcoin Strategic Playbook: Timing Crypto Market CyclesWhy 4 Years Matters: The Confluence of Cycles Markets move in cycles: periods of growth and contraction, driven by psychology, supply/demand, and macroeconomic forces. Two major cycles intersect in the cryptocurrency market: Bitcoin Halving Cycle: A predictable event every 4 years, reducing Bitcoin's supply. Historically, prices surge in the months following. US Election Cycle: Presidential elections occur every 4 years, influencing fiscal policy, monetary policy, and investor sentiment. The strategy leverages the intersection of these cycles for precision timing. Interplay Between Cycles Historically, Bitcoin halving’s and US elections have occurred in the same year, creating a "perfect storm" for market volatility and opportunity. Example: The 2020 halving coincided with the US election, followed by a historic bull market. This alignment reflects how macroeconomic events can amplify crypto trends, rather than being purely coincidental. Fundamentals Behind the Halving Cycle What is Bitcoin Halving? Bitcoin halving reduces the block reward miners receive by half, occurring approximately every 210,000 blocks (~4 years). This built-in scarcity impacts Bitcoin’s supply, historically leading to price increases post-halving. Why It Matters Historical Trends: 2012: Halving triggered a bull run peaking in 2013. 2016: Halving triggered the 2017 bull market. 2020: Halving led to the 2021 price surge. Each halving decreases new Bitcoin supply while demand continues to grow. Altcoins: Following Bitcoin's Lead Bitcoin’s dominance often peaks post-halving as it leads the market rally. During the bull phase, altcoins typically follow Bitcoin's lead, offering higher growth potential. The Role of Elections Macroeconomic Impacts Election years bring uncertainty about future policies, creating market volatility. Policies on inflation, interest rates, and technology affect both traditional and crypto markets. Why It Aligns with the Halving The convergence of halving-induced optimism and election-driven uncertainty amplifies market movements. Example: 2020 saw the halving, COVID-19 stimulus, and election uncertainty, setting the stage for Bitcoin’s explosive growth. How the Strategy Plays Out Start at the Bottom (Accumulation): Look for signs of market capitulation (e.g., extreme fear in sentiment indices, low volume, prolonged price stagnation). Use indicators like RSI divergence to identify oversold conditions. Build positions gradually, focusing on projects with solid fundamentals. Ride the Markup Phase (Bull): Hold positions as prices rise, following the trend. Adjust exposure based on market conditions but avoid selling too early. Exit at the Top (Distribution): Watch for euphoric sentiment (e.g., excessive media coverage, speculative mania). Use tools like Fibonacci extensions, volume analysis, or the Fear & Greed Index to identify when to take profits. Survive the Markdown Phase (Bear): Avoid buying into dips during the crash. Preserve capital for the next accumulation phase. Source: Bitcoin Liquid Index: BNC:BLX
BNC:BLX
by azad.motala
LPTUSDT Ecpecting 30%+ Gain LPTUSDT, currently trading at $18. Analysts predict a target price of $26, indicating a potential gain of over 30%. This forecast is based on the coin's price movement, which is following a support and resistance pattern. Specifically, the price is bouncing off the support level, suggesting a potential upward trend. Investors may consider buying LPTUSDT at its current price, with the goal of selling at the target price to realize the predicted gain. To manage risk, a stop-loss order can be set below the support level. Overall, the investment strategy for LPTUSDT carries a medium to high level of risk.
Long
by CryptoWithJames
BITCOIN in a LIVERMORE FunnelThe accumulation and distribution volume matches the positive and negative money flows of the first 5 waves in a Jesse Livermore stock cylinder. Will wave 6 see a rush of positive money flow into #Bitcoin into the end of the year? Let's see If it does then that will further cement this pattern of accumulation , sideways movement then breakout with continuation of buying power into the Bull market top. Let's observe this in real time shall we? Should be a fun few months ahead of us after a long period of churn. S/O to @arvine11 for bringing up the Livermore stock trend analysis.
INDEX:BTCUSDLong
by BallaJi
1
Bitcoin can little correct and then continue to grow in rangeHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price declined to the resistance line and rebounded at once and made impulse up. BTC rose to a support level, which coincided with the buyer zone, but firstly it made a small correction and some time traded below the 92500 level. Soon, the price broke this level, after which it started to trades inside the range, where it at once made a retest and tried to grow, but later corrected the support level. Next, the price continued to move up and reached the resistance level, which coincided with the seller zone, after which corrected the resistance line. After this movement, BTC at once rebounded and rose to the seller zone and even higher, breaking the 103500 level. But soon, the price turned around and dropped to the support level, breaking the resistance level with the resistance line. Then the price turned around and a not long time ago started to grow. For this reason, I think that Bitcoin make a small movement down to almost the support level and then continue to grow to the 103500 resistance level inside the range. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
10
Critical Bitcoin Support Levels: A Key Test for the FutureI was reviewing some of my old charts and came across this one because the patterns here are really interesting. Back on November 15th, I posted a head and shoulders pattern, but as you can see, it didn’t play out as expected. Every time Bitcoin made a new high, it got rejected and pulled back to the support level. This has happened multiple times Bitcoin goes up, makes a new high, and then retraces all the way back down to the same support level. What’s different this time is that Bitcoin tried to push for new highs but failed, instead forming a lower high. Now, it’s testing a critical support level, marked by the two white trend lines on the chart. Bitcoin is currently at the support level, but the real test will come when it reaches that point of support. That’s the key support area that Bitcoin must hold. Bitcoin really needs to maintain this support. If it breaks through, we could see a significant drop, potentially all the way down to $77,085.65. I don’t want to sound overly negative, but I’m just giving you a heads-up on what could unfold in 2025. All eyes will be on the $91,541.87 level this is the crucial support level. If Bitcoin can’t hold that area, it could trigger a further decline. Keep a close watch, as this could be a pivotal point for the next major move.
GEMINI:BTCUSD
by CryptocurrencyWatchGroup
BTC USD IdeaWe are closely looking level 90,682.58 on the BTC/USD pair. It appears the market is entering a bearish pullback towards the end of the year. On the order book, we see large funds selling positions to secure year-end profits. We consider this market condition a pullback phase if we break through the 90,682.58 fractal low. This is normal and occurs every December in the markets. Overall, we only scalp trade during December and January, without expecting any significant moves. We will keep you posted if volume returns to the markets.
COINBASE:BTCUSDShort
by themarketknight
After the volatility period around December 27th... (Title) What will it look like after the volatility period around December 27th --------------------------------------- Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a good day today. ------------------------------------- USDT is currently showing a gap down, although small. USDC is showing a gap up steadily. The gap up of USDT and USDC means that funds are flowing into the coin market. I think the start of the altcoin bull market should be below 55.01 and maintained or show a downward trend. The decline in USDT dominance is likely to result in a rise in the coin market. If it rises above 4.97, the coin market is likely to experience a sharp decline and the coin market is likely to show a downward trend. If USDC continues to fall, it is likely to fall to around 2.84. After that, it is expected that the coin market will gradually show a downward trend while rising. ------------------------------------- (BTCUSDT 1D chart) The HA-High indicator on the 1W chart is showing signs of being created at the 94742.35 point. Therefore, if the HA-High indicator of the 1W chart is generated, it is important to see if it can be supported near that area. If it falls without being supported, there is a possibility that it will meet the M-Signal indicator of the 1W chart. Before meeting the M-Signal indicator of the 1W chart, it is necessary to check if it is supported near 87.8K-89K. - The Momentum indicator is showing a continuous downward trend. We need to see if it shows an upward trend when a new candle is created. - Looking at the overall picture of BTC, it is still in the sideways section. Therefore, the point of interest is whether it can rise above 97821.58-98892.0 by rising near 92K-93.5K. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​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 maintaining an upward trend following a pattern 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. - (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. - 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 -----------------
by readCrypto
BTC enters the parabolic stage of the bullmarketPredicting the tops and bottoms of Bitcoin - in a macro sense - is not that easy. But some indicators can give us a clue or kind of sense of caution warning when to exit or enter the market. One of them is the "MVRV Z" indicator. It is a chart indicator that uses blockchain analysis to identify periods where BTC is extremely over or undervalued relative to its "fair value". Historically it has been very effective in identifying periods where market value is moving unusually high above realised value. It also shows when market value is far below realised value, highlighted by the green lines. Buying Bitcoin during these periods has historically produced outsized returns. This chart indicator is generally useful for predicting Bitcoin price at the extremes of market conditions. It is able to forecast where price may need to pull back when the score enters the upper red hot periods and also when price may rally after spending time in the lower green band. Historically it has picked major Bitcoin price highs to within 2 weeks. So far BTC has done a great job holding in the middle value band. It's in the stage of taking the next leap breaking out of it to the upside completing the bullmarket, also referring to past historical breakouts which happenend in similar fashion after a long lasting bearmarket.
INDEX:BTCUSDLong
by PizzaDriver
BTC : All Time High IN - OR Multimonth Playout?Bitcoin has begun a steep drop, and it's likely that the ATH is priced in. This fits my previous idea that the ATH would either be just over or just under 100k. There is, ofcourse, another option as well - a continuation over the next few months. This is likely if the price of BTC follows a fractal of the previous cycle. It would become likely if we see a strong bounce around the 81-82K zone, pushing us up into the 90's. But, at the moment, I'm leaning towards the idea that the ATH is in. It would also makes sense for the ATH to be in, from an Elliot Wave Theory perspective, since we've made a perfect 5 waves. If this is indeed the case, we can look forward to a few more rallies in the altmarket. _______________________ BINANCE:BTCUSDT
Short
by CryptoCheck-
1
BTC on 6h chart Hello, my dear friends!🫶 I’m so happy to see You here again! I’m especially grateful for Your feedback—some of You mentioned, that were waiting for me and missed me.🥲 Your words truly touched my heart—thank You so much!😊 I’m thrilled to be drawing charts for You once again; every post I share here holds a piece of my soul. Thanks for Your support—it means the world to me!💋 🔴 We’re currently sitting between a major resistance level (a trendline dating all the way back to 2017) and strong support at 72,000.🔴 The price is at a fascinating crossroads: if the 96–94–93 levels hold and the price consolidates there, we could see a climb toward the significant resistance zone (marked by the pink 🟣 dot) at 107–108k. From there, it’ll be crucial to watch closely—if the price breaks through those levels with ease, a rally could be in the cards.🚀 However, if the 96–94–93–92 levels fail to hold, we’re likely in for a deeper correction. In that case, we could see the price drop to the support zones at 86k, or possibly even lower, to 77k–73k.📉 Thank You for being part of this amazing community—it’s a privilege to share ideas and grow alongside You all. No matter what the charts look like, stay focused, stay patient, and keep believing in your abilities. Success belongs to those who persevere. Always sincerely yours, Kateryna 💙💛
BITSTAMP:BTCUSD
by RocketBomb
2
ADA - Gearing Up for a Breakout?After an impressive rebound from the trend-based Fibonacci extension 1:1 at $0.7655, ADA has been consolidating between $0.92 and $0.85 for the past two days. As the new week begins, today's wOpen at $0.8834 is a critical support level, perfectly aligning with the key level at $0.8806. Holding above these levels reinforces a bullish outlook. Key Insights and Trade Setups: Support Zones to Watch: $0.8834 (wOpen) and $0.8806 (Key Level). Maintaining above these levels keeps the bullish structure intact. Long Setup Options: A great long opportunity was from today’s wOpen ($0.8834). Alternatively, wait for a retracement to the golden pocket at $0.8877 of this current wave. R:R: 2.5, a solid potential reward for the risk taken. Target for Long Trades: Aim for the Fibonacci 0.618 level at $0.9448, which aligns with the daily resistance level. This zone also represents a high-liquidity area where short sellers may be forced to exit positions. Pattern Confirmation: The potential formation of an Adam and Eve pattern strengthens the bullish case. Confirmation comes above $0.9155, suggesting further upside.
Long
by SiDec
HelenP. I Bitcoin will little correct and then start to move upHi folks today I'm prepared for you Bitcoin analytics. Some time ago price declined to the trend line and then started to grow, so, quickly later rose to the support level. this level was concerned with the support zone and soon BTC broke this level, after which made a retest and started to trades near this level. Later, the price rose to the resistance level, which coincided with the resistance zone, after which made a correction to the support level and then in a short time backed up to the resistance level. Then the price continued to grow and soon reached the 103000 level and even broke it and then continued to move up. Bitcoin reached a new ATH and then turned around and made a correction movement, breaking the 103000 level one more time. Price fell to the trend line and then tried to grow, but failed and now continues to trades close to this line. In my opinion, BTCUSDT will decline below the trend line and then start to grow to the resistance zone. So, for this case, I set my goal at 105K points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
BITCOIN In Coming Days!As I mentioned in previous analyses, Bitcoin finally broke the wedge and the price turned bearish. However, now if the price can break the 0.618 Fibonacci line, it can rise up to 107k dollars. previous analyses Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
BITCOIN Are you scared enough? Or need to see more pain?Bitcoin (BTCUSD) touched its 1D MA50 (blue trend-line) for the first time in more than 2 months (since October 11) and is rebounding. The first presence of short-term buyers was actually felt on Friday, when the price came close to the MA50 again and rebounded aggressively. This is a natural technical reaction during such aggressive uptrends. The key Support level during BTC Bull Cycles however is the 1W MA50 (red trend-line), which has been supporting since March 2023 and was successfully tested (and held) twice on August 05 and September 06, the last of which was technically the start of the current Bullish Leg. ** The Fibonacci Channel Up ** Bullish Legs are technically part of Channels and this time is no different as Bitcoin has been trading on a Fibonacci Channel Up since the very bottom of the last Bear Cycle in November 21 2021. As you can see, we have classified the price action on this pattern in Phases, each of whom trades within one range upwards, which is why the Fibonacci Channel succeeds at accurately displaying BTC's current logarithmic rise during this Cycle. ** The Phases and the high symmetry ** Phase 1 (blue Channel) traded within the Fib 0.0 - 1.0 range, Phase 2 (green Channel) within the Fib 0.5 - 1.5 range and we expect a 3rd one, Phase 3 (red Channel) to trade within the Fib 1.0 - 2.0 range. As you may assume, there is high symmetry between sequences, Legs and pull-backs within this pattern and the one that stands out is that rallies so far tend to record +100% rises. More specifically, both the April 14 2023 and January 11 2024 Highs of +100% rallies, then pulled back towards the 0.382 Fib retracement level, the first didn't hit it, the second almost did. ** Will we test the 1D MA100? ** But that is the rally that displays the most similarities with the current one and after hitting its 1D MA50, it broke even lower and only found Support and bounced on the 1D MA100 (green trend-line). You can see even how identical their 1D RSI sequences are, which are Channel Down patterns that started showing a bearish divergence much earlier than the top. Right now the RSI is holding the 45.00 neutral level, but the January 2024 and the 2023 fractals turned into a buy on the key 36.00 level, which is bearish territory. Even though Bull Cycles tend to get more and more aggressive as we approach the end of the Cycle and ignore previous Support levels, the 1D MA100 is currently at $79250 and rising, indicating that it can 'meet' the price on lower levels than currently, assuming how quickly the RSI also hits 36.00 (any of the two conditions hits first, the cyclical buy signal can be valid). ** The remainder of the Bull Cycle ** Beyond that, we expect the next High, as we've already entered Phase 3, to be on the -0.5 horizontal Fibonacci extension (as March 13 2024 was) and on the 2.0 Channel Fibonacci ext at a price of $150000, which is the next technical extension of the Channel. After that, you can see that both Phase 1 and 2 started multi-month Accumulation phases with a potential maximum correction to the 0.382 Fib again and as Phase 3 concludes (and possibly the whole Bull Cycle), we may see another +100% rally and a possible Top at $200000. So for the current situation the key question is as mentioned on the title: 'Are you scared enough?' now the 1D MA50 has been tested? Because we may very well drop as low as the 1D MA100 before the Fear & Greed Index turns market sentiment to 'Fear' again and makes the majority misjudge the market activity as they always have. What do you think will happen next? 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:BTCUSD
by TradingShot
2
BITCOIN Will Go Up! Long! Take a look at our analysis for BITCOIN. Time Frame: 17h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 95,774. The above observations make me that the market will inevitably achieve 103,155 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDLong
by SignalProvider
1