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BTC/USDT = Dominance Signals Bitcoin's Next Bullish MoveTL;DR for Busy Readers 95% confidence that Bitcoin has bottomed at $52.5k, with the worst possible scenario at $50.4k. The USDT Dominance Chart is showing resistance levels not seen since the last bear market when Bitcoin was around $27k. For Bitcoin to hit $44k, USDT dominance would need to enter bear market territory, which is highly unlikely. A 30%+ downside move in USDT dominance suggests more capital will flow into Bitcoin, signaling a bullish uptrend. The odds are heavily in favor of Bitcoin moving upward from here, and I expect it to play out over the rest of the month. I’m 95% confident that we’ve bottomed out at $52.5k, and the worst case scenario would be $50.4k. Additionally, I’m 95% certain we won’t see a drop to $44k or anywhere near it. Here’s why. The USDT Dominance Chart: A Key Indicator One of the most reliable charts for predicting Bitcoin tops and market reversals is the USDT Dominance chart. This chart tracks the dominance of Tether (USDT) in the market, and right now, it’s showing levels not seen since the last bear market when Bitcoin was trading around $27k. Currently, USDT Dominance is at critical resistance, touching levels that are typically only observed during bear markets. Historically, when USDT dominance hits these levels, it signals a bottom for Bitcoin and the beginning of an uptrend. Additionally, the USDT dominance chart indicates we could see over a 30%+ move to the downside in USDT dominance, meaning more capital will flow out of stablecoins and back into Bitcoin and other cryptos. This is a strong indicator that Bitcoin is bottoming out and preparing for a bullish move. Why $44k is Unlikely For Bitcoin to drop to $44k, USDT dominance would have to enter territory that we’ve only ever seen in true bear markets. If this happens, it could break the higher timeframe (HTF) structure on both the USDT dominance chart and the Bitcoin chart, and ultimately, we wouldn’t just stop at $44k—we’d probably end up around $30k. That’s why if you’re hoping for $44k , you’re really wishing for a major bear market that could pull Bitcoin down much further. This scenario would mean a shift in the current market structure, which doesn’t align with the probabilities we’re seeing. Upside Probability is Much Higher While there’s always a chance that USDT dominance could break higher and push the market lower, the probability of this happening is very small in my opinion. Investing is all about probabilities, and when we assess the entire market situation, it’s clear that the upside is heavily favored right now. Based on the data, the market structure, and the USDT dominance chart, the likelihood of Bitcoin continuing upward from here is very high. It’s important to monitor how the market behaves in the coming weeks, but all signs point toward a bullish move. My years of experience kind of Opinion In summary, the USDT dominance chart is signaling that we’ve likely seen the bottom at $52.5k, and the chances of Bitcoin falling to $44k or lower are extremely slim. If anything, this level of USDT dominance typically indicates that a Bitcoin rally is on the horizon. Stay cautious, but it looks like the market is gearing up for an uptrend. Let's see how the rest of the month plays out, but from where I stand, the upside looks very promising. DISCLAIMER: All though I predicted the market at 18K pump, this prediction is still for informational/documentation of my journey and entertainment purposes only and should not be considered financial advice. As with all investments, there are risks involved, and probability-based analysis may not always result in accurate predictions. Always consult with a financial advisor before making any investment decisions.
Long
by osodatsismoso
BTCUSDT | Potential Bottom for Now?Market Context Is this the potential bottom for Bitcoin? Let’s dive into the current situation. Chart Analysis Yesterday, I speculated about a push up, and today, it seems we might be at a temporary bottom for BTC. Key Indicators There are several signs pointing to this being a potential bottom: • Failed Push Down: We attempted to break through 65k but were quickly pulled back up. • Strong Support at 67k: Yesterday, we saw another pullback from 67k, indicating strong buying pressure. • Bullish Fundamentals: Market fundamentals are suggesting a move higher. Strategy Given these factors, I’m not convinced we’ll see 60k again soon. While there’s always a possibility, the current indicators suggest we might move higher from here. Action Plan With a solid risk management plan in place, I believe it’s a good idea to try going long today. Let’s see if this bottom holds and we get the expected push up! Stay tuned for updates—this could be an exciting move!
Long
by minno91
Bitcoin 28000 in August. And when we find the bottom? BINANCE:BTCUSDT The problem with technical analysis - we have a so much indicators and technics which showed us different numbers. On candles chart youll see another numbers, with lines totally different, and also on different timeframes either will show one more side of chart, so we dont know which one is correct. BUT Daily timeframe chart on BTC in Line chart look like this now. Possible Targets ➡️Downtrend line with 2 perfect touches, waiting third touch, most likely with rejection again around 28000 ➡️Between 28000 - 32000 now very strong sellers zone, which I dont think we break in August. ➡️ After test 28000-30000K we can slowly going down but over downtrend line to buyers zone again 19000 by end of September/October ➡️19100 Previews ATH 2017 and around 13100 in 2018 by line chart so I think we will hold the line and dont break this levels ➡️ The crowd is waiting 10-5K the same like Crowd waited 100K - huge trap! ➡️ My most negative scenario is around 15300 in November - test global yearly support line so everyone open short and waiting 10K sure ➡️ After October Im expecting sideways move and total disbelieve on market, so in November we slowly start new cycle. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
Bitcoin accurate bottom and top zones BINANCE:BTCUSDT This is my market mood indicator. Accurate determine the bottoms and top of cycles. Based on this analysis on BLX chart and Monthly timeframe we can find something interesting - Marked Monthly green zones. - We never seen white color disbeliefe zones. - Previews 3 times when we saw BLUE color it was a bottom (I was impressed how accurate it play out!!!) - Now it looks like 2018-2019 period (green box-blue-green) - So now no euphoria on market. Need to see yellow, orange and top will be again at extreme red - Hard to say about timing but most likely we will test trendLine at 35-36 (maybe with fake out to 41) - Then we will see yellow and orange color on indicator and drop to covid trendLines again 21-19 and continue move forward till 2025 March to extreme RED zones and end of cycle. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
BNC:BLXLong
by Crypto4light
Is the Bottom in Bitcoin In?Interesting chart showing potential new up-trending channel for Bitcoin. To me, it looks and 'feels' like the bottom is in, coupled with an Alt-coin rally, as the AltPerp Index is showing clear signs up trending up. Also ETH.D is holding the line in it's uptrend that started back in Nov of 2019, and USDT.D which is inversely correlated to crypto prices, is breaking down below a key trendline support. At the very least, we have a tradeable bottom forming and looking very good to me here. On the other hand... A Gemini collapse, or sudden dumping of BTC by Greyscale to bail out bankrupt parent company Digital Currency Group and Barry Silbert, could still send us lower like FTX part II. New information = new decision. But as I always say 'Show me the chart, I'll tell you the news" And the charts are telling me that all the contagion has been priced in, and money is starting to flow back in here.
COINBASE:BTCUSDLong
by BrettFogle
That's one small step for satoshi, one giant leap for crypto (2)Math will never lie unless you can't do math. This calculation has been going on since the day we started and we so far it's perfectly correct. What I want to share with you is the following: Gold is always 1 and 9 or 4.5. Gold at a top is 9 and thus the end of a bull run. Gold at a bottom is always 1 and therefore the end of a bear run. Blue/Pink between these 2 is neutral, we continue with the trend or not. The lines between them are called noise numbers. Here you often lose the most ..trading it. The answer should be clear enough. Study the map. Kind regards, the Woelf of crypto street Whale you Later! p.s. Visit the old post for more information (link to related idea)
COINBASE:BTCUSD
by Member-berrie
1
Crypto winter almost over , #BTCUSD to breakout 69k in Nov 2023More data leads to more accurate analysis and forecast. According to my last #bitcoin forecast which was published on tradingview (Link down below) on May 26th 2022, I was expecting a down move to 11.000$ before finding bottom. But more data has prevailed since then that leads me to believe that we have found a bottom and we are aiming for another up (25k - 27k) and down (16k - 18k) and start another #bullrun from february 2023 to breakout the 69k high of 2021. What do you think?
BITSTAMP:BTCUSDLong
by brokerland
Bitcoin Bottom Might Be $6,883This is a chart of the Natural Log of the YOY Running ROI of BTCUSD/SPX: Ln The pattern formed is striking in that the tops and bottoms both form perfectly linear patterns going back to the creation of Bitcoin. Using the same steep slope this indicator had at the end of the last 2 cycles indicates a value of -2.07 at the end of this cycle, if the pattern holds perfectly. Assuming the SPX stays constant at 3,900, Bitcoin would need to drop to $6,883.69 for the value to equal -2.07. Alternatively, if Bitcoin were to remain constant at $17,000, the SPX would need to raise to $9,631.56. TLDR: FOR THIS PATTERN TO CONTINUE, BTCUSD WOULD NEED TO BOTTOM AT $6,883 (GIVEN A CONSTANT VALUE FOR THE SPX)
INDEX:BTCUSD
by MarkLefevre
BTCUSD TD SEQUENTIAL FLASHES 9The Tom Demark Sequential Indicator flashes 9 on the monthly chart. Each time this happened, the bottom was set and Bitcoin prepared for another bull run. If you draw the Fibonacci from the monthly candle at the time the TD Sequential flashed a 9 to the highest point on the monthly candle that Bitcoin closed the bull run, Bitcoin then made a bottom at the 0.382 Fibonacci retracement two times already. This is exactly where we are now. The bottom is in, it is now up to the bulls to slowly start growling. Be patient, just stack sats, and we're all going to be fine.
BNC:BLXLong
by joerivdpol
Power Function Regression of Bitcoin Tops and BottomsThis is a power function regression of tops and bottoms. There is a separate regression for open, high, low, and close values for tops and bottoms. There is a separate regression for each possible iteration of bottoms ( both bottoms of a double bottom, only the lowest bottoms of a double bottom, the first bottom of a double bottom, etc.) The green circles show which data points were used for the regressions. On those days, all OHLC values were used to perform separate regressions. All power function regressions returned R^2 values over .97, with the vast majority being >0.99 The upper regression lines accurately predicted both tops of the recent cycle. Note that those data points were NOT part of the regression, showing the tremendous predictive potential of this method. The lower regression lines have a wide range due to the multiple iterations of regressions performed. Despite the wide range of the bottom regression functions, none of them indicate that the current cycle has reached a bottom. The equations for each regression can easily be viewed in the script.
INDEX:BTCUSD
by MarkLefevre
BTC setting up MASSIVE Weekly Close!!!Happy Weekend Traders, Investors & Gamblers 😃 It's all in the chart, I will break this down in a video on here tomorrow in the morning before the weekly close, an event that could at least temporarily confirm that Bitcoin is on its way up! In the video I will get into the key levels above that will confirm a long-term bullrun for btc. If you have been following me you know that I've called the exact bottom for bitcoin back in May I said that the BTC bottom will be at 17.500$ I also posted a few ideas and videos about it here on TV in the beginning of June (See below).If you would like to see the original prediction video check my profile and any of my social links. June 13th I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
INDEX:BTCUSDLong
by DeFeye
2
Bitcoin Preps for Resistance at Next Major Fib ZoneBitcoin looks for more upside over the extended American Weekend as Bulls regain confidence for a new FOMO push. SL: $18962 TP: $21274-$21634 A ride to this level would immediately then gift Bears with an amazing short opportunity. Check out my profile for more Surf ideas, upcoming Elliott Wave training and continued analysis provided via Digital Surf. If you find this idea to be satisfying and to your benefit, please do like, comment and/or share. #SURForDROWN
BITFINEX:BTCUSD
by DigitalSurfTrading
12