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Bitcoin (Cryptocurrency)

Bitcoin's Bullish Cycle📊 Bitcoin is currently in a bullish cycle on the 4H timeframe. 🔑 The key resistance area is around $99K-$100K, with a potential next target at $107K, while strong supports are identified at $94K and $92K. ✅ A pullback to the Point of Interest (POI) is expected, after which, if buyers demonstrate sufficient volume, Bitcoin could initiate another upward leg toward $102K-$107K. ⚠️ Trading carries risk; ensure proper research and risk management.
by MonoCoinSignal
3
"Bitcoin to $13M per coin" - Michael SaylorBitcoin annualized performance is 60% on average Let that sink in Most traders trading Bitcoin aren't nowhere near that. 1. Introduction to MicroStrategy’s Bitcoin Strategy Michael Saylor began by outlining MicroStrategy’s decision to make CRYPTOCAP:BTC its primary treasury reserve asset. He explained that the company sees Bitcoin as a superior store of value and an effective hedge against inflation. Traditional fiat currencies, according to Saylor, are increasingly unreliable due to monetary policies that devalue them over time. By embracing Bitcoin, MicroStrategy positions itself as a pioneer in the corporate adoption of digital assets. 2. Leveraging Zero-Interest Convertible Bonds Saylor delved into MicroStrategy’s innovative financing strategies, particularly the issuance of zero-interest convertible bonds. These bonds, amounting to approximately $3 billion, were issued with a 0% interest rate. This seemingly advantageous rate is a result of high investor demand, driven by the value of the embedded call options within the bonds. The volatility of MicroStrategy’s stock, tied closely to Bitcoin’s price movements, makes these options particularly appealing. NASDAQ:MSTR volatility is about 2X the CRYPTOCAP:BTC volatility. Additionally, the bonds were issued at a 55% conversion premium, the highest for such instruments at the time, reflecting strong market confidence in the company’s strategy. Saylor explained that these zero-interest loans allow MicroStrategy to acquire CRYPTOCAP:BTC without the financial burden of servicing interest payments. This approach enables the company to maximize its exposure to Bitcoin while maintaining financial flexibility. 3. Current Bitcoin Holdings and Financial Impact Saylor provided an update on MicroStrategy’s Bitcoin holdings. As of November 2024, the company owns 279,420 bitcoins, purchased for a total cost of $11.9 billion, with an average acquisition price of $42,692 per Bitcoin. With Bitcoin’s price surpassing $90,000, the company’s holdings are now worth over $25 billion, representing more than a 100% return on investment. He highlighted how this significant appreciation in Bitcoin’s value has bolstered MicroStrategy’s market capitalization and increased shareholder value. The company’s bold approach has attracted considerable attention from institutional investors and positioned it as a leader in the corporate adoption of Bitcoin. 4. Future Outlook for Bitcoin Saylor expressed an extremely bullish outlook for Bitcoin, suggesting that its price could rise to $13 million per coin in the long term. He emphasized that Bitcoin’s fixed supply and growing adoption make it an inevitable cornerstone of the global financial system. Saylor believes that Bitcoin’s value will continue to increase as more institutions and individuals recognize its potential as a store of value and an inflation hedge. He also addressed the regulatory landscape, noting the challenges posed by governments and central banks. However, Saylor remains optimistic, arguing that the decentralized nature of Bitcoin makes it resilient against such challenges. 5. Critique of Traditional Financial Systems Saylor criticized the inefficiencies and risks of traditional banking systems and fiat currencies. He explained that central banks’ monetary policies, such as excessive money printing, erode the value of fiat currencies, making them unreliable for long-term wealth preservation. Bitcoin, on the other hand, offers a decentralized and deflationary alternative that protects against these risks. He also argued that Bitcoin’s adoption is inevitable as it offers a superior solution for wealth storage in a digital, globalized world. Saylor positioned Bitcoin as a foundational technology for financial innovation. 6. Strategic Vision and Long-Term Commitment In closing, Saylor reaffirmed MicroStrategy’s long-term commitment to Bitcoin. He emphasized the importance of maintaining a forward-looking vision, especially during periods of market volatility. For MicroStrategy, Bitcoin is not merely an investment but a strategic asset that aligns with the company’s core mission of creating and preserving shareholder value. Saylor ended by encouraging other companies and investors to consider adopting Bitcoin as part of their long-term strategies, arguing that early adoption offers the most significant rewards. He underscored the transformative potential of Bitcoin, not just for corporations, but for the global financial system as a whole. 7. LONG AND STRONG Critics of MicroStrategy’s aggressive Bitcoin strategy raise valid concerns, particularly regarding market volatility, regulatory risks, and the company’s reliance on debt to fund its investments. However, it’s important to understand the rationale behind Michael Saylor’s approach and the broader context of Bitcoin as a financial asset. Saylor’s strategy reflects an unwavering belief in Bitcoin’s long-term value as a hedge against inflation and a superior store of wealth compared to fiat currencies. His boldness in using innovative financial instruments, such as zero-interest convertible bonds, demonstrates his deep understanding of both financial markets and the transformative nature of Bitcoin. Saylor’s intelligence and foresight cannot be underestimated. He is betting on a paradigm shift in global finance, and institutions like pension funds, BlackRock, and other financial powerhouses are beginning to adopt similar strategies, reinforcing his vision. CRYPTOCAP:BTC is not a speculative, short-term investment; it is a long-term play. The minimum recommended investment period for Bitcoin should be 10 years, while the optimal strategy is to hold it indefinitely. Selling Bitcoin prematurely undermines its potential as an asset designed to preserve and grow wealth in an environment where politicians and central banks continue to print money, devaluing traditional currencies. Betting against Saylor and Bitcoin is betting against a future where decentralized, deflationary assets redefine the financial system. As Saylor often emphasizes, Bitcoin’s fixed supply and growing global adoption make it an asset poised to appreciate forever, rewarding those with the patience and foresight to hold for the long term. Thank you for reading Daveatt
NASDAQ:MSTRLong
by Daveatt
Bitcoin is Ready to Pump Again==>>Short-termBitcoin ( BINANCE:BTCUSDT ) moved as I expected yesterday. Bitcoin is moving near the Ascending Channel's lower line , Support lines , and Potential Reversal Zone(PRZ) . According to Elliott's wave theory , Bitcoin seems to be completing wave 5 . I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ) and Support zone($95,000-$93,500) . ⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️ 🙏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. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
22
TAOUSDT, The only setup you need. TAOUSDT / 1D Hello Traders, welcome back to another market breakdown. The utility coins market shows strong bullish momentum in the current Crypto cycle, breaking through key resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for confirmation into the breakout zone for a more strategic entry. If the pullback holds and buying confirms, the next leg higher could target: 1- Mid of the range 2- Higher quarter 3- New all-time high Stay disciplined, wait for the market to come to you, and trade with confidence! Trade safely, Trader Leo.
Long
by BTM-LEO
9
When and Where this Bull Market Ends / BTC.D and TOTAL3 BehaviorCRYPTOCAP:BTC.D Bitcoin Dominance and Alt Season Trigger: The chart indicates that when Bitcoin Dominance reaches around 59%-64%, there’s a high chance of an BTC dominance market correction. This level often signals the end of a Bitcoin rally and the start of funds flowing into altcoins. You can use this dominance level as a timing signal to anticipate the start of the next alt season. Historical Patterns and Timelines: Key vertical markers show important dates from past cycles, such as 2018, 2021, and projected points for 2025. These points highlight recurring patterns that can help forecast the end of the current Bitcoin rally. TOTAL3 Index Trends Relative to BTC: The TOTAL3 index (all altcoins excluding BTC and ETH) shows that after Bitcoin Dominance declines, TOTAL3 often experiences a sharp rise. This pattern has repeated in previous cycles, hinting at a potential similar move in the upcoming alt season. Bitcoin Price Rallies and Corrections: The lower chart shows Bitcoin's bullish and bearish phases, typically lasting between 450 to 550 days. This timeframe can help estimate the remaining duration of the current Bitcoin rally. Future Predictions: Based on the chart, Bitcoin Dominance is expected to reach critical levels again in 2025, potentially marking the start of the next major alt season. While this timeline depends on market conditions and investor behavior, it offers a general framework.
CRYPTOCAP:BTC.DShort
by CrazyS
ATCryptoScan: BTCUSD upside target in mid-Dec, what's next?Previously marked that BTCUSD would make a Mid-Dec 2024 top, at about 107K. Happened 17 Dec as previously marked! DONE and checked sweetly. This was folllowed by an a large bearish marubozu candlestick downwards which broke back into the decision box, indicating that it would go out the other side. And it did, just yesterday, but it rebounded within the day to end off back in the box with a dragonfly doj i like candlestick... this is a bullish indication. Thing is, technicals are bearish, including the modified VolDiv (dotted line, lower panel) which shows some weakening; and includes a MACD crossdown. Waiting to see if the supports are going to break. Am expecting it to break down... Previously downside target 75,000 But tendency for over estimates for downside in a bull run, so the new moderated downside target is 88,000 at the end of 2024. BTCUSD is looking for a nice bullishs start to 2025... Watch for it.
BITSTAMP:BTCUSD
by Auguraltrader
BTCUSD is holding its MA50 (1d). Bullish!Bitcoin touched the MA50 (1d) today and immediately rebounded, making a strong statement of how important of a support level that is. The last time it hit the MA50 was on October 11th. The pull back resembles March 20th from Bitcoin's last major rally, which rebounded and hit the 0.786 Fibonacci level. Trading Plan: 1. Buy on the current market price. Targets: 1. 105000 (the 0.786 Fib). Tips: 1. The RSI (1d) patterns of the current correction and March's are virtually identical and in fact today it hit the exact same Support leve (46.50) it had when the price rebounded on March 19th. Please like, follow and comment!! Notes: Past trading plan:
CRYPTO:BTCUSDLong
by TradingBrokersView
BITCOIN 1month RSI showing the Bull Cycle is far from over.Bitcoin / BTCUSD has had a pull back this week but that shouldn't cloud your long term outlook. That remains bullish and even more so on the 1month chart where the RSI turning flat is a sign that the parabolic rally has only just begun. The 1month RSI is trading inside a Channel Down since the very first trading day and with this week's sideways turning, it remains under the 0.786 Fibonacci level. This suggests that relative to past Cycles, we may be on a similar stage as February 2017 and January 2013. Both took 10 months until their Cycles topped. This shows that we can stay bullish until at least September 2025 or if the RSI hits the top of the Channel Down first. Take all the above into consideration and start taking profits in September the latest. Follow us, like the idea and leave a comment below!!
CRYPTO:BTCUSDLong
by TheCryptagon
1
BTC Faces Significant Selling Pressure from Long-Term HoldersBitcoin ( CRYPTOCAP:BTC ) has faced intensified selling pressure from long-term holders (LTHs), who have offloaded approximately 1 million BTC since mid-September, contributing to its current 13% dip from its all-time high of $108,000. This marks the largest discount since the U.S. presidential election. While short-term holders (STHs) have stepped in to absorb some of this supply, demand imbalance continues to weigh heavily on Bitcoin’s price. 1. Long-Term Holders’ Selling Behavior LTHs, defined as investors holding BTC for over 155 days, have been distributing their holdings as prices show strength. Over the past week, LTHs sold 70,000 BTC in a single day, marking the fourth-largest one-day sell-off this year, according to Glassnode data. Their holdings have dropped from 14.2 million BTC in September to 13.2 million BTC, signaling a strategic move to realize profits during this period of heightened market volatility. 2. Short-Term Holders Absorbing Supply STHs have accumulated 1.3 million BTC during the same period, partially offsetting LTHs' selling. However, this accumulation hasn’t been enough to sustain upward momentum, resulting in continued price weakness. 3. Market Liquidity and Exchange Activity The circulating supply of Bitcoin stands at 19.8 million tokens, with 2.8 million BTC held on exchanges. Notably, 200,000 BTC have exited exchanges in recent months, indicating a trend of investors moving assets to cold storage. This dwindling exchange balance could limit immediate liquidity, further impacting market dynamics. Technical Outlook Bitcoin is trading in a bearish zone, currently down 0.49% with a Relative Strength Index (RSI) of 42. The recent market sell-off liquidated approximately $1.4 billion, exacerbating downward pressure. Key Levels to Watch Support Level: If selling persists, CRYPTOCAP:BTC could dip to $85,000, a key support level aligning with the 23.6% Fibonacci retracement. Resistance Level: For a bullish reversal, CRYPTOCAP:BTC must break through $101,000, a pivotal psychological and technical barrier that aligns with the 38.2% Fibonacci retracement. Outlook and Implications The ongoing selling by LTHs reflects a strategic shift, possibly influenced by macroeconomic uncertainties and profit-taking at current levels. Meanwhile, STHs’ buying activity suggests continued confidence in Bitcoin’s long-term potential. However, the imbalance between supply and demand could lead to further short-term price volatility. Investors should closely monitor key support and resistance levels and market activity from these cohorts to anticipate the next significant price movement. Conclusion Bitcoin’s price trajectory remains uncertain amid significant selling pressure from LTHs. While oversold technical indicators hint at a potential rebound, the lack of sufficient demand from STHs raises concerns about sustained recovery. The next few days will be critical for Bitcoin as it navigates these pivotal price levels. Will CRYPTOCAP:BTC bounce back like it has in past corrections, or is a deeper dip on the horizon? Only time will tell. Stay tuned for further updates!
BINANCE:BTCUSDLong
by DEXWireNews
Pepe/UsdtBINANCE:PEPEUSDT ### **Pepe Current Price: $0.00001630 💰 (Support Level)** The current price of **Pepe (PEPE)** is at **$0.00001630**, which is a **key support level**. A **support level** is a price point where the coin is expected to find buying interest, preventing the price from dropping further. In simple terms, if the price stays above this level, it shows that buyers are willing to step in and prevent a decline. If the price manages to hold **$0.00001630**, it suggests that there could be **potential for upward movement**, as long as it doesn't break below this level. --- ### **Resistance Levels and Trendline:** - **Resistance at $0.00001764 🚀**: The **first resistance level** is at **$0.00001764**. Resistance is the price level at which the coin may face selling pressure, as more traders might decide to sell, preventing the price from rising further. If the price reaches this point, it could face difficulty breaking above it, and it may consolidate or even drop back down. - **Trendline Resistance Levels:** - **$0.00001900 🔝**: This is the first **trendline resistance**. If **Pepe** breaks through the previous resistance at **$0.00001764**, it might head towards the **$0.00001900** level. Trendlines act as visual indicators of where the price might struggle due to past price actions. If the price crosses this level, it might signal stronger bullish momentum. - **$0.00002142 ✨**: The next **trendline resistance** is at **$0.00002142**. If the price breaks through $0.00001900, the next barrier will be around this level. Here, the price might again face more selling pressure, and it could be a tough level to break if there is not enough buying interest. - **$0.00002353 💥**: The **final resistance** level is **$0.00002353**, which is the highest point in your analysis. If the price manages to surpass **$0.00002142**, it could then aim for this level. If it breaks this point, it may signal a major upward movement, as this could be the last major resistance preventing further gains. --- **Note**: This is **not financial advice**. Always conduct your own research before making any trading decisions. 📊
by Wolftrader1337
BTCUSD - Missed TP ? that's okay history says 140KI followed too blindly this fractal that went almost perfect but was waiting 120k to take partial profits and missed a 30% opportunity, I'll know take profits more often by moving from risky alts to BTC or other assets resistant to drawdown the middle line of the channel BTC is evolving seems to support very well and I'm gonna assume the correction is already over, you can still expect to see another dip to 86k tho (but I dont believe this) my simple trade idea : green is path of 4 years ago, blue is path of last year first TP will be at 120k & 144K see you in 3 weeks not financial advice cheers
COINBASE:BTCUSDLong
by Investwine
Bitcoin - Broader Structure and The $32K Breakdown TargetLast time, I posted an idea about Bitcoin's shorter term structure. I was scaling into a short position, and ultimately decided to close when I noticed strong support continuing to hold. This ended up being a good move, since price pushed higher towards $108k. There's a lot of resistance here in the low $100K range. While a notable milestone, it's a hefty price. More and more, Bitcoin is being seen as a tool for exploitation and wealth concentration for the wealthy, rather than something for the masses. Although good for price, this is not in keeping with the original intention behind the technology, or so we are led to believe. I tend to generally post short ideas now because I do not support buying Bitcoin, which serves only to enrichen a select few, and no longer benefits the little guy. Sure, it could benefit ME in the future, but that feeds further into greed and selfishness, which are the human flaws at the root of many market inequities, fallacies, and injustices. For more on why I changed my perspective on crypto, there are tons of ideas I've posted over the years to pull from. It essentially boils down to this: When I was young and naive, I believed crypto could be an escape from the established financial system. In many ways it is, if you like gambling on memes and adrenaline coursing through your veins. But on a broader level, it's been co-opted by the same forces that control our traditional markets, institutions, and to an extent, our wellbeing. More and more, crypto seems to fit into a neo-feudalist dystopia, rather than a free-flowing renaissance utopia. Earlier this year, I closed my original short positions when it seemed likely for Bitcoin to surpass its previous all time high. Now that price has hit a major milestone, altcoins have gone up 500-1000%, and gloating is abounds, it's time for me to re-enter my short. Now, I'm not looking to profit massively from this. It's a small position. But, I am of the belief that there is a non-negligible probability that Bitcoin will enter a longer term bearish trend. Whether it's now or at $160k, who knows? If this trendline can break decisively (it's held very well so far, even when price drops below), the next stop seems to be around $89k. From there, a bounce would be bullish. My green arrow shows the possibility of rally resumption if that level holds as strong support. On the bearish side, the previous all-time high is the next major level, followed by $32k if the entire support structure falls apart. Markets are starting to wake up and understand that inflation isn't going away quickly, and monetary policy won't be as easy as it was. A lot of fluff needs to get weeded out. Unfortunately, crypto doesn't have much SUBSTANCE to it (meaning goods, resources, and services) attached to it. As always this is meant for speculation and entertainment only! Thanks for reading. -Victor Cobra
COINBASE:BTCUSDShort
by VictorCobra
1