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BTC Pi Cycle Top 2024 Price and Time PredictionsWith Bull-Mania back in play... I was pontificating in my M3 active trader group today, about where the next market top could be, based on the Pi Cycle Top which has been very accurate in the past. When I saw it cross back in 2021, I thought to myself 'If must be wrong because we're going to $100k' but obviously we were all wrong about that. So this time, it's worth looking at the past, and having an idea of the future. The reason I've specifically picked the $210k area, is that's the Fib 3.618 target from the market cycle lows, and we saw that hit exactly from the 2018 lows to the 2021 high. But also, because that's my best WAG (Wild Ass Guess) of where the Pi Cycle Top lines will cross. So we shall see... It seems incredulous to consider a $200k+ price on Bitcoin by the halving. But with all the wind at our backs (See my other published ideas about the 9 factors that could ignite the next Bull Rally, and turn it into a forest fire), we could certainly see some huge upside. Not likely, but possible. What do you think? Let me know in your comments below.
INDEX:BTCUSD
by BrettFogle
$BTC All-Time-High Prediction (Cycle Analysis)Examining the historical data from the last two Bitcoin halving cycles on the chart, it becomes evident that, when considering the price movement on a logarithmic scale over a bi-weekly timeframe, it took an average of 15.5 periods for the value to surpass the previous peak. With this in mind, it is plausible to anticipate Bitcoin reaching $69,000 by early October of the upcoming year, and potentially attaining a new all-time high in 2025.
INDEX:BTCUSDLong
by CryptoKidCMT
BTC a chance for big move BTC / USDT BTC is being stuck in this channel for almost 40 days! , i think the big move is very close… The target of this channel if the breakout done successfully would be 46k-48k What we need for strong breakout : is a stability above 37k-38k which is very bullish because its equal 0.618 fibo resistance in high time frame At some point we could see strong correction like 20-35% toward 32k - 27k may be after this move So make sure you have free stable coins for this case … In worst scenario if this the pattern failed we could test lower supports first Best of wishes
Long
by Babenski
34
Spot Volume Drives BTC Rise – Time to Long!We are about to witness an exhilarating ride, and I don't want you to miss out on the opportunity to long BTC. Spot Volume: The Driving Force behind Bitcoin's Rise In recent weeks, Bitcoin's price surge has been primarily fueled by spot volume, which refers to the buying and selling of actual Bitcoin on cryptocurrency exchanges. This is a significant departure from previous rallies, where futures trading often played a more dominant role. Spot volume indicates a strong demand for Bitcoin from traders and investors who want to own the real asset, rather than just speculating on its future price movements. Why is this important? Well, spot volume-driven rallies tend to be more sustainable and less prone to manipulation. They reflect genuine market sentiment and confidence in Bitcoin's long-term value. This shift signifies a maturing market and sets the stage for a potentially explosive upward trajectory. ` Now, more than ever, it's crucial to seize this moment and position yourself for potential gains. The spot volume-driven rally indicates a growing belief in Bitcoin's value proposition and its ability to act as a store of value and hedge against inflation. This sentiment is shared by both institutional investors and retail traders alike, creating a perfect storm for Bitcoin's ascent. So, what's the call-to-action? It's simple – long BTC! Take advantage of this exciting market trend by strategically entering long positions on Bitcoin. With spot volume driving the rise, you can have confidence in the market's support and the potential for sustained upward momentum. Whether you're an experienced trader or just starting your crypto journey, this is an opportune time to capitalize on Bitcoin's rise. Remember, timing is crucial in the world of trading, and spotting trends early can lead to exceptional profits. Don't Miss Out – Act Now! The crypto market is buzzing with anticipation, and the time to act is now. Don't let this thrilling opportunity pass you by. Take advantage of the spot volume-driven rally and long BTC to potentially ride the wave of Bitcoin's rise.
BITSTAMP:BTCUSDLong
by bryandowningqln
Bitcoin Peaks at $42,000 - What's Next? Bitcoin Peaks at $42,000 - What's Next? In a new surge of momentum fueled by widespread optimism that the U.S. securities regulator may soon approve a spot bitcoin ETF, Bitcoin briefly surpassing $42,000 to reach a 20-month high. There is a sense of optimism in the space regarding the potential approval of a bitcoin exchange-traded fund (ETF) by the U.S. securities regulator. Such approval would likely enable a new type of investor to enter the cryptocurrency market through the regulated stock exchange, leading to an influx of capital into the digital asset. In October, SEC Chair Gary Gensler alluded to the agency's consideration of up to 10 bitcoin ETF filings. Additionally, falling inflation in the US is making higher-risk assets such as Bitcoin more attractive. This sounds like a certain bullish environment, right? Well... nothing is certain in crypto so some downside projections might be appropriate to consider too. So, with that in mind, the gap on Sunday still needs to be filled, starting with approximate prices at $39,600 and $39,000.
BLACKBULL:BTCUSD
by BlackBull_Markets
1
STILL WAITING FOR BITCOIN TO GO AT 12K?This chart is simple. However there are some interesting points that i want to share with you. FIRSTLY In every bear market the drop from the top to the bottom was: - First Bear Market, Top-to-Bottom -87.19%, - Second Bear Market, Top-to-Bottom -83.97% and lastly, - Third Bear Market , Top-to-Bottom -77.49% It looks like in every new bear market the drop isn't as big as the previous ones. SECONDLY As we can see from the chart when Bitcoin was breaking out of this big orange triangles it was never coming back down again. - First Bear Market, lasted for about 426 days, - Second Bear Market, lasted for about 365 days and lastly, - Third Bear Market, lasted, surprisingly the same days as the second bear market, 365 days. You can say here that it might take more time as the first bear market which was 426 days but if you see the chart bitcoin is know high enough to avoid this situation. LASTLY Before Bitcoin starts to move into higher levels we always had a big drop. The last big drop of the.. -> First Bear Market was: -52.35% -> Second Bear Market was: -52.40% -> Third Bear Market was: -50.83% PERSONAL OPINION To sum up all i want to say with this data in the chart is that the Bitcoin is not going to move to 12K level area as the bears were saying. Moreover, as you can see in the chart there is an orange line that starts in 01/Feb/2013 until today. I believe that if Bitcoin jumps above this orange line the price is going to go in much higher levels. Do you think BTC can go to 12K? Thank you, Best Regards Christian
BITSTAMP:BTCUSDLong
by Christian_coin7
3
BTC Prediction: New highs by February 1st 2024 and BeyondBTC Prediction: New highs by February 1st and holding $70k as support by the April Halving. Possible $100k, $155k, $212K Bitcoin in the cards for this Bull Run. Here are 9 factors (and 2 scenarios) that could get us there much faster than anyone expects... tradingview.com 1. BlackRock & Fidelity ETF's Approval 2. QE Money Printing To Pay Down US Debt 3. Bank Failures, Bank Runs & Transfer Into BTC 4. Hyperinflation & De-Dollarization (BRICS) 5. Corporate Accumulation (MSTR / Apple /Tesla) 6. Country Accumulation (Reserve Currency) 7. Post-Halving Less Bitcoin Miner Selling ($12B) 8. Less Available Supply Increasing Demand-Shock 9. Political Pressure In Favor of Bitcoin & Crypto All of these are like small campfires smouldering, but with an accellerant could ignite all the rest, like a California wildfire. What do you think about this timeline and possible scenario?
COINBASE:BTCUSDLong
by BrettFogle
BTC Fractal1) Sharp Rise and Initial Resistance : Bitcoin's price shows a rapid and strong increase without significant pullbacks, indicating strong bullish momentum. However, upon reaching the first resistance level, there is a slowdown, which is typical when encountering the first serious barrier. 2) Correction and New Range : After a slight pullback, the subsequent upward trend indicates the continuation of bullish sentiment, but at a more moderate pace, forming a new price range. 3) Second Resistance : Encountering renewed resistance confirms that the market is in equilibrium between buyers and sellers. 4) Repeated Correction : This mild pullback doesn't disrupt the overall upward trend, indicating sustained buyer interest. 5) Resistance Testing : A quick rise in price to the previous resistance level, followed by a pullback, shows market uncertainty and potential overvaluation at current levels. 6) Higher Level of Pullback : A pullback to a level slightly above the previous low indicates the persistence of a bullish trend but with increasing volatility. 7) Sideways Trend with Consolidation : The formation of a sideways trend with narrowing trading range at the upper boundary indicates the accumulation of energy for the next move. 8) Impulsive Growth and New Highs : This stage is characterized by the resumption of strong upward movement, reaching new local highs, demonstrating buyer dominance. 9) Sharp Pullback : An equally rapid pullback to levels of the previous pullback might signal an overbought market and a potential trend reversal. 10) Recovery After the Drop : A slight bounce back in price after the sharp drop suggests a short-term correction within the overall downward trend. 11) Continuation of Downward Movement : The final stage, marked by the continuation of a strong downward movement that breaks through all previous support zones, indicates a change in trend and seller dominance in the market.
BINANCE:BTCUSDShort
by VV_Crypto
Bitcoin ETF - buy the rumor, sell the newsbitcoin @ 38K = smart btc money slowly exiting for weeks… November Highlights 🔹 Nov 17 BTC etf delayed 🔹 Nov 24 (52 Wk High 38.4K) 🔸 18 Daily High of 37K+ 🔸 ZERO daily closes of 38K+ PS could hit 40K then retest 38K for “support” and fail and my idea’s still correct 😁GG You can see that we struggle to move up and it's likely because people bought the rumor and are selling this news lol. The SEC has stated the won't give a until January 2023 and even then there are lots of issues that can come up. There is nothing to really look forward to in terms of bullish news for December. I am sitting on the sidelines as I feel the insiders are going to leave retailers holding the bag for this recent pump.
BITSTAMP:BTCUSDShort
by dogdaddevan
biggest CRASH in the world history The dollar is dying   You probably hear it all day long. The government is printing more money… Congress is raising the debt ceiling… The dollar is no longer backed by gold… or anything.   These are some of the reasons Robert Kiyosaki says the dollar is dying.   Like Robert Kiyosaki says…   “Wake up you guys. If you're saving US dollars, you're like the skipper on the titanic. You know they're going to have to print more and more and more and more all the time… This makes savers the biggest losers on planet earth.”   But here is what is fascinating… I know you will agree.   As the dollar gets weaker and weaker, Bitcoin and cryptocurrencies are getting stronger and stronger.    I’m going to say that again because it is so important. As the dollar gets weaker and weaker, Bitcoin and cryptocurrencies are getting stronger and stronger.    The giant hedge funds and investing firms are slowing their purchase of dollars and U.S. bonds...   They are now using their profits to buy cryptocurrencies.   The Wallstreet Journal reports that mainstream hedge funds are pouring BILLIONS of dollars into crypto. They go on to say that world famous traders including Alan Howard and Paul Tudor Jones are said to be increasing their trading in cryptocurrencies.   I can tell you firsthand that Robert Kiyosaki is.   You know what that tells you, of course. We all see it. If all the major players are getting in on cryptocurrencies, you’d better too.
Long
by mehdi_kb
3
Bitcoin 10,015 BTC worth $370Mil transferred today to Coinbase !If you haven`t sold the Head and Shoulders scenario: Or reentered this BTC dip: The you need to know that today 10,015 Bitcoins worth about $370Mil were transferred from Unknown Wallet to crypto exchange Coinbase! Is CZ Binance ready to sell his Bitcoin? Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is BTC Bitcoin. I've set a short-term price target for BTC Bitcoin at $30K. Looking forward to read your opinion about it!
Short
by TopgOptions
2
#BTC/USDT Still on track! $42k on the table.#BTC : Currently on track and still anticipating a $40k+ rally. Witnessed a solid bounce, especially after the CZ News; Bitcoin demonstrated resilience, indicating strength in the trend. Altcoins are rebounding as well. Invalidation still remains to be close a below the $34500 level. If you are reading this you already went through the worst phases in the last 2 years. Stick to the plan and be ready for what's coming for the next two years. Whenever in doubt, zoom out! Cheers #Crypto
Long
by Cryptorphic
3
Bitcoin: One Person's Fear is Another Person's GreedFirst off, what the f*ck? I believe Bitcoin should correct back to at least the 50% Fib Level -- if not the 38.2% -- so that we can see a healthy rally upwards. Years of trading crypto has taught me that every rally has a near equal correction. But emotions and bias will be the death of your portfolio so here's my unbiased analysis of the world's greatest cryptocurrency: - Bitcoin is forming an ascending triangle on multiple charts which is a bullish sentiment on its own. - On-Balance Volume (OBV) shows a steady increase in buying pressure since the start of the recent rally. Layman's terms: buying pressure is outcompeting selling pressure. - Money Flow Index (MFI) has an inverse slope that favors oversold and is currently relaxing in neutral territory safely away from overbought. These three indicators lead me to believe that Bitcoin may experience another breakout in the coming weeks and, potentially, without a dip back to $30.5K as I previously forecasted. At risk of stating the obvious, news can shake the markets enough to reverse any trajectory but yesterday's Binance update hardly rattled Bitcoin like it did for altcoins. It's my personal opinion that the Bitcoin ETF decision is the closest catalyst in determining the next major rally or drop. However, we can't forget about the highly anticipated Bitcoin halving which is expected around April 2024. If the ETF does get rejected, this may provide a very lucrative buying opportunity. COINBASE:BTCUSD
COINBASE:BTCUSDLong
by Shepherd_Investor
BTC BITCOIN Technical Analysis and Trade IdeaBTC BITCOIN has been exhibiting a robust bullish trend, prominently visible on a 1W weekly chart. Our focus zeroes in on the 1W and 1D time frames, strategically seeking the best entry points amidst a significant price swing with an anticipated retracement phase. Our focus lies in identifying retracement levels between 50% to 61.8% fibo zone, an area we favor for optimal entry. This video explores price action, market structure, and overarching trends, revealing crucial insights into technical analysis. Throughout this breakdown, we delve into pivotal aspects: market structure dynamics, price action nuances, trend patterns, and essential technical analysis components. It's pivotal to note that this content is intended for educational purposes only. As such it's essential to avoid interpreting it as financial advice. Keywords: BTC, Bitcoin, cryptocurrency, trading, technical analysis, market trends, price action, Fibonacci retracement, entry points, bullish trends
OANDA:BTCUSD
by tradingwithanthony
Will Bitcoin Price Drop to $34,000?BTC needs to close above the $36,800 level for a 4-hour candle to signal a potential move. If it manages to close above $36,800, the target will be $38,500. However, if it fails to reclaim $36,800, the movement will likely start from the current level ($36,400), initially targeting the $34,200 zone and then potentially dropping to $33,400. In the previous analysis, we achieved an 8% gain. You can view the analysis in our profile. NFA.
Short
by wagmitraders
#BTCUSDT Bitcoin chart with a triple bearish divergence patternBitcoin bulls beware, we are seeing a triple bearish divergence pattern on bitcoin where price has made 3 consecutive new highs, not confirmed by the RSI indicator which has made 3 lower highs. These sort of patterns usually result in a correction from over-extended price action. My larger target from this would be the 0.236% fib retracement level at approximately $32691 should this play out. If playing for this larger move you'd likely need a bigger stop at around $38100. For the shorter more aggressive time frame traders, we are seeing a Head & Shoulders formation developing on the 30 min so if you get in around current levels, stop loss is a close above $37200. We need a convincing close below the neckline at $36960 in order for this head and shoulders to confirm which should take this to approximately $36500. Larger term though a healthy correction for the price of crypto would be back to its 0.236% fib as mentioned, although the breakout area for bitcoin occurred recently around 30500-31500 and a retest of this zone and a reversal from there, might give an opportunity to catch the cryptocurrency for a much larger move. Bullish on medium and long term time frames but short term I think a correction would be healthy for the sector. Good luck!
INDEX:BTCUSDShort
by MarcoOlevano