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Bitcoin (Cryptocurrency)

SP500 - #SPX melt up targets for cup and handle pattern.BLUE SKIES Would you have believed it If you were told a year ago. When every expert was predicting a recession. (which will come of course but when no one is expecting it ) So the conditions are set for a melt up I believe #Bitcoin bottoms very shortly maybe this week or next (grab some bitcoin miners!) ENJOY THE NEXT few months! #CNBC will trumpeting SOFT LANDING Investors will believe interest rates are falling because of low #Inflation Which is when the next slowdown will hit. This cycle has been crazy and hard to follow the main trend. The stimulus was unprecedented Remember this cycle started in 2009... 15 years ago We are near the end! But first SPX to smash 5000 and than potentially we hit that 6000 number
CME_MINI:ES1!Long
by BallaJi
2
BTC/USDT Analysis: Is a Key Reversal Brewing?Bitcoin's price action continues to intrigue traders as it consolidates within an ascending channel on the 4-hour timeframe. The recent rejection from the channel's upper boundary at $108,000 indicates that bearish pressure might dominate the short term. Currently, BTC trades around $101,450, testing a critical support level near $102,000. Key Observations: Ascending Channel in Play: The structure highlights an upward trend, with BTC respecting both the upper and lower boundaries of the channel. The dotted midline has acted as a dynamic pivot, influencing price movement over recent weeks. Bearish Breakdown Potential: A clear break below $102,000 could lead BTC toward the next significant horizontal support at $98,236. This level aligns closely with the channel's lower boundary, making it a crucial zone for bulls to defend. Key Resistance Zone: If bulls manage to reclaim $103,000, BTC could retest the midline or even the $106,000 level. However, failure to sustain above the $102,000 support could accelerate a bearish trend. RSI Divergence: Hidden bearish divergence on the RSI suggests weakening bullish momentum, supporting the case for a deeper correction. Expected Scenarios: A retest of $98,000 would provide an excellent opportunity for bullish accumulation within the channel structure. If the price rebounds from the lower boundary, bulls may aim for $106,000-$108,000 in the medium term. A confirmed breakdown below $98,000 might invalidate the channel, opening doors for further downside to $94,000.
Short
by melikatrader94
7
MARA Marathon Digital Holdings A Crypto Mining Stock to Watch Marathon Digital Holdings, Inc. ( NASDAQ:MARA ) “Bitcoin at $96K? It’s like Monopoly money growing into something real—fueling wealth and lifting stocks like $MARA. Let’s break down the crypto miner making waves in this dynamic market.” After Bitcoin ( CRYPTOCAP:BTC ) surged to $96,000, Marathon Digital Holdings ( NASDAQ:MARA ) has positioned itself as a significant player in the crypto ecosystem. For investors, NASDAQ:MARA represents a unique opportunity tied directly to Bitcoin’s price movements and the operational efficiencies of crypto mining. Let’s dive into the details to evaluate its potential. Current Market Data Stock Price: Around $22.73 Market Cap: Approximately $4.65 billion Earnings Per Share (EPS): -$0.42 (last quarter) At first glance, NASDAQ:MARA ’s financial metrics might raise eyebrows. A negative EPS highlights the ongoing challenges of profitability in the volatile crypto mining industry. However, its substantial Bitcoin reserves tell a different story. Bitcoin Holdings: A Key Asset Marathon Digital holds 40,435 BTC, valued at approximately $3.88 billion at the current Bitcoin price of $96,000. This means that 83% of its market cap is backed by Bitcoin holdings alone. Such a significant asset base provides a unique valuation anchor in an otherwise speculative industry. Book Value Breakdown Total Bitcoin Value: ~$3.88 billion Estimated Shares Outstanding: ~204.6 million Book Value Per Share: ~$19.00 Compared to its stock price of ~$22.73, this suggests NASDAQ:MARA is trading close to its asset-backed value, making it an intriguing option for Bitcoin bulls. Valuation Metrics Traditional valuation methods struggle with companies like NASDAQ:MARA , given the negative EPS and the speculative nature of the crypto market. However, using a forward-looking EPS of $1.22 (an optimistic assumption), we can estimate: Graham Number: At a stock price of ~$22.73, NASDAQ:MARA appears fairly valued by this metric, though this assumes optimistic future earnings and stability in Bitcoin prices. Operational Highlights BTC Yield Growth: Marathon has reported steady improvements in Bitcoin yield, signaling operational success and increased mining efficiency. Renewable Energy Investments: Recent moves to secure wind farms and other renewable energy sources could reduce mining costs and enhance profitability. Scalability: With a solid foundation and operational upgrades, NASDAQ:MARA is well-positioned to benefit from further Bitcoin price increases. Risks and Volatility Crypto Dependency: NASDAQ:MARA ’s performance is tightly coupled with Bitcoin’s price. While this offers significant upside during bull markets, it exposes the stock to extreme downside risk in bear markets. Regulatory Uncertainty: Potential changes in crypto regulations could impact mining operations and profitability. Operational Costs: Fluctuations in energy prices and mining difficulty could strain margins. Buffett’s Perspective: Speculation vs. Strategy Warren Buffett famously avoids speculative assets like Bitcoin, and by extension, Bitcoin-focused companies. However, Marathon’s strategic moves—such as renewable energy investments—showcase a long-term vision that could appeal to more risk-tolerant investors. Conclusion: Is NASDAQ:MARA a Buy? NASDAQ:MARA ’s substantial Bitcoin reserves and operational improvements make it a compelling choice for investors who believe in Bitcoin’s continued growth. At a price of ~$22.73, the stock seems fairly valued relative to its book value and intrinsic potential. However, investing in NASDAQ:MARA requires: A strong belief in Bitcoin’s future. A high tolerance for crypto market volatility. An understanding of the risks tied to mining operations and regulatory changes. For those ready to embrace the volatility, NASDAQ:MARA offers an opportunity to ride the crypto wave with a company building for the future. For more in-depth market insights and strategies, visit DCAlpha.net and stay ahead of the game. 🚀
NASDAQ:MARALong
by DCAChampion
4
BITCOIN - Price can correct to support area and then bounce upHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price started to move up in the rising channel, where it at once made correction from resistance line. Price fell below $94000 level, but soon backed up and later continued to grow to resistance line of channel. When price reached this line, it made a correction to support line and then rose higher than $103500 level, breaking it. Soon BTC turned around and declined to support level, breaking resistance level and exiting from channel. At the moment, price trades close support level and I think it can fall to the support area and then start to grow to $100K. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
Start of decline: Below 97821.58 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- The Market Cap chart will be updated again when a new candle is created. I think the gap increase of USDT, USDC is a trace of funds flowing in. The increase in BTC dominance means that funds are concentrated on BTC. You cannot predict the rise and fall of BTC with BTC dominance. The rise in USDT dominance is likely to be reflected in the decline of the coin market. The start of the decline in the coin market is expected to begin when it rises above 4.97 and is maintained. ------------------------------------------- (BTCUSDT 1W chart) The point to watch is whether the StochRSI indicator shows a downward trend from the 100 point or whether it switches to a state where StochRSI > StochRSI EMA. Since the StochRSI indicator is a lagging indicator, you can know the exact value when a new candle is created. However, if there is a change in the value of the StochRSI indicator when a movement occurs, it means that an important point has been passed. In that sense, the fact that the StochRSI indicator is maintained at the 100 point despite the current price decline means that an important point has not been passed. However, there may be fluctuations in the StochRSI indicator value when a new candle is created while the price is falling. - (1D chart) The HA-High indicator is expected to be created at 101947.24. Accordingly, the key is whether it can be supported near 101947.24. If not, it falls and shows resistance near the MS-Signal (M-Signal on the 1D chart) indicator or 97821.58, there is a possibility of meeting the M-Signal indicator on the 1W chart. Therefore, before meeting the M-Signal indicator on the 1W chart, you should check whether it is supported near 87.8K-89K or whether the HA-Low indicator or BW(0) indicator is newly created. If the HA-Low indicator or BW(0) indicator is generated, it is important to see if there is support in the vicinity. If the HA-Low indicator is generated, it is expected that the current wave will end and a movement to create a new wave will begin. The start of the decline is expected to start when it falls below 97821.58. The volatility period is around December 27 (maximum December 26-28). - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) In 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 bull market and faces a 1-year bear market. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, 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, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the upward trend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the upward wave. The Fibonacci ratio on the right is the Fibonacci ratio of the upward trend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you to decide how to view and respond to this. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
2
Bitcoin technical analysis + trade planThe chart shows a clear falling wedge formation. This is a bullish reversal pattern that suggests a potential upward breakout. Price is nearing the wedge's apex, indicating that a breakout might be imminent. Key Support and Resistance Levels: Support Levels: $88,671.83 (near-term critical support) $86,000.00 (strong psychological support) Resistance Levels: $95,497.11 (short-term resistance near breakout zone) $108,329.96 (target resistance post-breakout) Indicators: VWMC Cipher B Divergences: Bullish divergence appears on the indicator, aligning with the falling wedge's bullish potential. RSI: RSI is below 30, indicating oversold conditions, which often precede a rebound. Money Flow Index (MFI): MFI is oversold, suggesting incoming buying pressure. Stochastic Oscillator: Stochastic is in the oversold region (<20), showing high potential for a bullish reversal. Market Sentiment: Given the oversold indicators and bullish pattern, the market is primed for a potential upside movement. However, confirmation of the breakout is critical. Trading Plan: Entry Strategy: Enter long near the wedge's lower boundary (~$90,000), with a tight stop loss below $88,000. Conservative Entry: Wait for a breakout above the wedge's resistance (~$96,000) and enter after confirmation with a retest of the breakout level. Stop-Loss Placement: Place stop-loss below the nearest support level: Aggressive traders: $87,500 Conservative traders: $92,000 (post-breakout retest failure) Profit Targets: First Target: $108,329.96 (major resistance level post-breakout) Second Target: $114,000 (psychological level, based on historical price action) Risk Management: Risk no more than 1-2% of your portfolio per trade. Use position sizing to balance risk-to-reward ratios (minimum 1:3). Monitoring Volume: Ensure the breakout is accompanied by increased volume. Candle Structure: A solid close above $96,000 validates the move. Invalidation: If the price falls below $88,000, the wedge pattern is invalidated, signaling further downside. Alternative Scenario (Bearish): If Bitcoin breaks below $86,000, expect a test of lower levels. Potential targets include $82,000 and $78,000. Bitcoin is poised for a significant move. The falling wedge, oversold indicators, and strong support levels suggest an imminent bullish breakout. However, patience for confirmation is key to minimizing risk and maximizing gains. Adjust your strategy dynamically based on market conditions.
CRYPTO:BTCUSDLong
by elfabiiani
BITCOIN Will Go Lower From Resistance! Short! Take a look at our analysis for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 95,186. The above observations make me that the market will inevitably achieve 90,936 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
2
CYCLE 4 | BTC If Perfect Cycle - ATM Target Zone [For Fun]IF PERFECT CYCLE - ATM TARGET ZONE For this post (just for fun) if BTC is allowed to run to it historic tends this cycle, then I have marketed the projected 'ATH Target Zone', based on the current state of my price modelling, cycle mapping, oscillators, indicators and technical analysis tends. Weekly RSI - CURRENT ANALYSIS While the weekly RSI bearish divergence (yet to be locked in) looks eerily familiar to our double peak top the 2021 cycle, if this does eventuate then we will be looking for BULLs to continually invalidate similar to the 2017 bull run. If there is a reasonable pull back at this point (30% to 40% pull back) and we retest and hold the 21W EMA 20W SMA, then this would be consistent with the 2017 bull run at this point in the cycle and we would then want to see bulls invalidate the bearish divergence on the weekly RSI to have confidence in the possibility of more upward price action ahead. FOLLOW ALONG WITH THIS POST! What do you think about this chart? Am I too bullish or bearish with this zone? Will be fun to track this moving forward.
Long
by Brodie
CYCLE 4 | CME GAP: Bull Cycle Period First Major Pull Back?Quick post to address BTCs expected potential first major pull back into this bull run period... BULL MARKET PULL BACKS Historically, BTC during its bull market enjoys pull back which ranged from 15% to as much as 30%-40% in prior markets. This is essential for trader participants in the market to take profits, allow BTC to retest low levels and prove new heights are sustainable before ranging to new higher price levels. The first pull back historically for BTC post the start of the 'Bull Run' phase of BTCs 4 year cycle is traditionally the largest pull back opportunity and historically been the best short term buying opportunity in the Bull Run (NOT FINANCIAL ADVICE). We can expect a 30-40% correction for this pull back based on historic bull market period examples (Let me know in the comments below if you would like me to detail consistent price behaviour during BTC bull run periods in a future post). ARE WE AT THIS POINT NOW OF THE CYCLE? WHAT ARE THE INDICATORS SAYING? As highlighted by the RED arrow on the chart, a number of the indicators like to monitor on the weekly chat are suggesting bearish divergences and fading momentum exists with the current price action. This is calling for a cooling off period of the market. CME GAP Historically, BTC has had a tendency to want to 'close' open gap, created by weekend trading of BTC that does not align with equities that follow the traditional 'No Trading' over the weekend policy of Traditional Financial instruments. Hence crypto ETFs which align with these policies (such as the CME Futures chart as seen in this chart) can create 'GAP' between the open (Monday) and close (Friday) candles. To understand CME gaps, please take the time to review the details discussion in the earlier post. The orange BOX shows the below CME gap target that BTC price may range towards to close. NOTE: this box has been listed as Partially Closed as the open Monday candle of the gap did go below before rising during the weekly candle but did no dip past the close of the previous weekly candle. 21W EMA & 20W SMA Historically, a fully developed healthy bull market for BTC has required periodic retesting and holding of these moving averages. A close of the CME gap at this point of the market would also satisfy this historic trend for BTC. ORANGE TREND LINE Bears if eager to continue the 'close the CME gap' trend will need to convince the market by first exceeding the orange trend line. Currently this allows BTC to complete a 10 to 12% correction while also taking the price below the key psychological 100K price level, without phasing the bulls conviction to charger higher. * Holding the Orange Trend Line Scenario: we want to see price bounce and conviction from the bulls to push BTC to higher highs. The goal for Bears would be to achieve the measured move up to 180K. This would most potentially shorted the bull run (time prospective) and potentially cap our ATH for this cycle early; creating a distribution zone similar to the 2021 cycle top. * Breaking below the Orange Trend Line Scenario: If we break the Orange Trend Line then Bulls will concede ground to the MA levels (allowing the CME gap to also close). Bulls will write this off as a market reset and holding support at these levels will entice Traders to take positions needed to drive BTC up sustainably to the next higher level(s). Losing the MAs would ask serious questions to the intent of BULLs and the sustainability of the market moving forward this bull run.....
CME:BTC1!
by Brodie
BTCUSDT: Consolidation After Uptrend Break. What's Next?Hello, dear traders. Brian here! When analyzing the 4-hour chart, we can see an intriguing setup that indicates the possibility of continued bearish momentum if critical support levels fail to hold. Let’s dive deeper into the analysis. Currently, Bitcoin is trading at $97,547, reflecting a slight pullback from recent highs. The price has recently broken the ascending trendline, which had provided support for a prolonged period. This break, combined with the rejection at the Fibonacci retracement zone, signals a potential trend reversal. Traders should closely monitor the $95,713 level and the EMAs to confirm the next move. If Bitcoin continues to decline, the next major support levels are at: $95,713 (1.0 Fibonacci Extension) $93,085 (1.272 Fibonacci Extension) $89,742 (1.618 Fibonacci Extension) Wishing you all great profits in the coming days!
Short
by Trader-Briannnn
1
BTCUSDT: Consolidating below key resistance. What next?Hello, dear friends! BTC/USDT is currently on a bearish trajectory, with the price hovering around $101,200. This decline follows comments from Federal Reserve Chair Jerome Powell opposing the establishment of a national bitcoin reserve fund. From a theoretical perspective, the outlook suggests further downside potential, as the price is currently near critical resistance levels around the 0.618 and 0.5 Fibonacci retracements, while the descending trendline remains intact. It is anticipated that the decline could extend to the designated support zones. Wishing you all profitable trades ahead!
Short
by Trader-Briannnn