Bitcoin Hits New All-Time High of $107k — Is $150K Next? Bitcoin ( CRYPTOCAP:BTC ) has once again shattered expectations, climbing to a record-breaking $107,000. This milestone follows a 3.68% surge over the weekend, with bullish sentiment fueled by a surprising announcement from President-elect Donald Trump.
Bitcoin Price Today
Bitcoin’s recent rally can be attributed to President-elect Donald Trump’s pledge to establish the U.S. as the global center for Bitcoin and cryptocurrency innovation. During a CNBC interview on Sunday, Trump unveiled plans for a U.S. Bitcoin reserve, emphasizing the need for the country to lead in digital assets. This announcement sparked a surge in buying activity, propelling Bitcoin to its new all-time high of $106,727.
The market’s reaction underscores the growing influence of policy decisions on crypto prices. Trump’s pro-Bitcoin stance has injected optimism into the market, with investors viewing it as a step toward broader institutional adoption and regulatory clarity.
Technical Analysis
From a technical perspective, Bitcoin is currently trading at $106,893, slightly off its daily high of $107,080. The recent breakout above the psychological $100,000 level signals strong bullish momentum. Key technical indicators suggest further upside potential:
1. Relative Strength Index (RSI): While the RSI stands at 71, indicating overbought conditions, historical patterns show that Bitcoin can remain overbought during strong uptrends.
2. Support Levels: In the event of a local correction, support ranges are identified at $97,500–$99,500 and $94,100. These levels could provide buying opportunities for traders looking to enter the market.
3. Resistance Levels: Bitcoin faces minimal resistance in uncharted territory. The next significant psychological level is $110,000, followed by the ambitious $150,000 target predicted by analysts.
Market Dynamics
Bitcoin’s 24-hour trading volume stands at $110.4 billion, with Binance leading the charge. The exchange’s perpetual and spot trading volumes contribute significantly to Bitcoin’s liquidity. This robust trading activity underscores the market’s resilience and readiness to absorb high volumes.
Outlook: Can Bitcoin Reach $150,000?
The path to $150,000 hinges on several factors:
1. Macroeconomic Environment: Continued pro-crypto policies from global leaders could drive institutional inflows and bolster market confidence.
2. Technical Breakouts: A sustained move above $110,000 would validate the bullish continuation pattern and set the stage for a run toward $150,000.
3. Market Sentiment: Despite overbought conditions, Bitcoin’s historical performance during Q4 and Q1 suggests strong potential for further gains.
However, traders should remain cautious. The RSI’s overbought reading and the potential for profit-taking at key levels could trigger short-term corrections. Risk management is crucial, as the market navigates these uncharted waters.
Conclusion
Bitcoin’s new all-time high of $107,000 marks a significant milestone, driven by both fundamental and technical factors. President-elect Trump’s pro-Bitcoin stance has ignited fresh optimism, while technical indicators and on-chain metrics point to continued bullish momentum.
With $150,000 as the next ambitious target, the crypto market is buzzing with excitement. Will Bitcoin continue its ascent, or will a correction provide a breather before the next leg up? Only time will tell, but for now, the flagship cryptocurrency is firmly in the spotlight.
Bitcoinlong
BTC/USD Bull Run Continuation
My analysis is pretty simple. Using moving averages, volatility, and momentum indicators, I predict a sizeable move to the upside on a daily time frame. price action has consolidated around the yellow 21 EMA and is now officially bouncing off of the 5 EMA. The last time this happened was last month in the beginning of November after we broke the all time highs within the 70K range. Momentum itself has also shifted to the upside along with volatility rising. That's pretty much it. Have a great holiday season everyone.
Bitcoin, we have to talk !FIRST AND FOR MOST, CONGRATS EVERYONE ON 100K !
Now, I don’t even know what to say, honestly. Right now, we’re in a bit of a situationship with Bitcoin.
You see those two trendlines (red and green)? Yeah, they’re a problem.
Both are drawn from the 2017 market cycle peak and the two 2021 market cycle peaks. (We can argue all day about which one was the real top, but honestly, that’s irrelevant in this situation.)
The real question is: what makes a trendline valid?
A valid trendline needs to touch three points, right? And here’s the catch—we can argue that these trendlines are missing that third peak to be considered valid.
Exactly. My point is that we might actually be making that third peak right now. If that happens, the trendline gets validated, and we’d have—ugh, I hate to say it—a market cycle top. In the best-case scenario, it’s just a local top.
The volume has been decreasing on the daily chart since we first breached 100k. This suggests there isn’t much conviction behind the slow grind higher we’ve been seeing. but hey its a grind i'll take it.
But nothing is guaranteed. Let’s just watch and tread carefully.
P.S. ETH hasn’t hit a new ATH yet, so I’m not saying it’s game over for the market. But for Bitcoin? Yeah, it might be. how and ETH is not even challenging the ATH , I don’t know.
Can Bitcoin slice through them like they don’t even exist? Yes, it absolutely can.
"That's it, that's the idea" - Good night !
btc long"🌟 Welcome to Golden Candle! 🌟
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Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
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Bitcoin preparing for the next move!Bitcoin is currently consolidating in an ascending parallel channel after a very sharp rally.
The most likely scenario is that it will remain in this channel for a while longer, until it ends up breaking up with the approach of Trump's presidency.
If it breaks the channel downwards, there are chances of a slightly deeper correction, and we could visit US$90K.
Bitcoin: Hold now, buy laterHello,
Bitcoin is a clear uptrend as the price is above the moving averages, as the picture on the left side of the chart shows. Technical indicators like Ultimate Oscillator, ADX, MOM, and MACD are bullish. However, RSI indicators are overbought, which means Bitcoin might go higher, but there'll be a better time to buy when the market corrects the overbought conditions. I hold my Bitcoins, but I won't buy any more until the upcoming correction, which might come soon.
Regards,
Ely
Bitcoin's Bullish Run and Record HighBitcoin's meteoric rise has captivated the world, with its price surging to record highs and traders setting their sights on even more ambitious targets. As the cryptocurrency market experiences a bullish "Santa Claus Rally," Bitcoin traders are now targeting a staggering $120,000 price level.
Bitcoin's Bullish Run and Record High
Bitcoin's recent rally has been fueled by a confluence of factors, including increased institutional adoption, growing global interest, and favorable macroeconomic conditions. The cryptocurrency has consistently broken new price records, surpassing the $100,000 mark and even reaching heights above $106,000.
However, the market's optimism has been tempered by concerns about the potential impact of a "hawkish rate cut" by the Federal Reserve. While a rate cut is generally considered bullish for risk assets like Bitcoin, a hawkish tone from the Fed could dampen sentiment and lead to a price correction.
The Fed's Impact on Bitcoin
The Federal Reserve's monetary policy decisions have a significant influence on the cryptocurrency market. A rate cut can stimulate economic growth and increase liquidity, which can benefit Bitcoin and other digital assets. However, if the Fed signals a less accommodative stance or hints at future rate hikes, it could lead to a sell-off in the market.
Bitcoin's price has historically been correlated with traditional financial markets, and the Fed's actions can have a ripple effect on the cryptocurrency's value. Therefore, traders are closely monitoring the Fed's announcements and any potential shifts in its monetary policy.
Bitcoin's Potential as a Reserve Asset
Another factor that could increase Bitcoin's price is its increasing adoption as a reserve asset by institutions and governments. Several countries have expressed interest in incorporating Bitcoin into their national reserves, recognizing its potential as a store of value and a hedge against inflation.
If major economies start accumulating Bitcoin as a reserve asset, it could significantly increase demand for the cryptocurrency and drive its price to new highs. This development could further solidify Bitcoin's position as a digital gold and a valuable asset for investors.
The Road to $120,000
While the $120,000 price target may seem ambitious, it is not entirely out of reach. If the bullish momentum continues, supported by strong institutional adoption, favorable macroeconomic conditions, and potential positive developments in the regulatory landscape, Bitcoin could very well surpass this milestone.
However, it is important to approach the cryptocurrency market with caution and to be aware of the inherent risks involved. Bitcoin is a highly volatile asset, and its price can fluctuate significantly in a short period. Traders should conduct thorough research, diversify their portfolios, and consider consulting with financial advisors before making investment decisions.
In conclusion, Bitcoin's recent rally has been impressive, and the cryptocurrency's potential for further growth remains significant. While the Fed's monetary policy decisions and broader macroeconomic conditions will continue to influence the market, the increasing adoption of Bitcoin as a reserve asset and the growing interest from institutional investors could drive its price to new heights. As Bitcoin traders set their sights on the $120,000 target, it is crucial to maintain a balanced perspective and to be prepared for both upside and downside risks.
BTC dell 120.000$📊 BTCUSDT Analysis:
Current Price: $102,859.06
Sell Zone: Near $120,000.00 (🟢 Major resistance)
Support Zone: $77,777.00 (🛡️ Key level for potential rebound)
🚨 Signal:
Bearish Scenario: If BTC reaches $120,000.00, it’s a sell opportunity 📉.
Bullish Scenario: In a strong bull trend (📈), you can buy dips around $77,777.00 (🚀 support area).
💡 Strategy:
Take profits near $120,000.00 🎯 if already holding BTC.
Watch for entries at $77,777.00 🔍 if BTC retraces.
📈 Trend: Overall Bullish unless support at $93,175 or $77,777 breaks (🔻).
🔐 Risk Management:
Stop-loss for buys: Below $73,316.18 (⚠️ Critical level).
Let me know if you need further clarification or tailored strategies!
BTCUSDT Trade LogBTCUSDT Continuation Setup
Trade Idea:
- Target downside liquidity to approximately $98,500 with a short, followed by a high-confluence long entry in the 4H/Daily FVG.
Short Setup:
- Target: $98,500 to capture downside liquidity.
- Stop-loss: Tight stop above $101,500 to manage risk.
- Confluence:
- 4H OB rejection.
- Rising wedge breakdown aligning with bearish structure.
Long Setup:
- Entry Zone: Around $98,500 , in the 4H/Daily FVG for a discounted entry.
- Target:
- TP1 at $101,500 .
- TP2 at $104,000 , targeting liquidity above the weak high.
- Confluence:
- 4H and daily Kijun support.
- Strong reaction potential after liquidity grab at $98,500 .
Quick Take:
This strategy aims to capture both short-term downside liquidity and the subsequent bullish continuation. Ensure confirmation on both sides for precise execution!
BTCUSDT Trade Log BTCUSDT 1H Short Setup
Trade Idea:
- Short from the micro FVG in a premium zone after rejecting an Order Block (OB).
Confluence:
- Rising Wedge: Bearish wedge structure showing signs of exhaustion.
- Bearish Divergences: RSI and CVD indicate weakening momentum.
- Macro Pressure: Bybit fined in the Netherlands for fraud; Flow Traders withdrew €157M in BTC—both signal potential bearish sentiment.
Risk-Reward:
- Tight stop-loss above the OB/FVG zone.
- 1:2 RRR targeting liquidity levels below $98,000.
Quick Take:
Macro events and bearish divergences align for a strong short opportunity. Stay cautious of volatility and confirm rejection before full entry!
Bitcoin Outlook \wGenAI assisted analysisGiven that the JP Macro Trend script integrates DeMarker and momentum indicators and now includes the OBV data, we can refine the analysis and attempt to outline a more informed probabilistic outcome for the short and longer term.
However, it's important to note that probabilities in market analysis are inherently subjective and can vary widely depending on market conditions and the analyst's interpretation.
Short-Term Analysis (1-4 weeks):
Bullish Signals: If the price is trending upward, accompanied by rising OBV and the proprietary momentum indicators are in a bullish configuration, the confidence in a continuation of the uptrend might be relatively high.
Bearish Signals : If there are any bearish divergences such as price making new highs while momentum indicators and OBV fail to confirm, the probability of a price correction or consolidation might increase.
Probability Estimate : If all indicators align and confirm the current trend, one might posit a 65-75% probability of the trend continuing in the short term. In the case of divergences or conflicting signals, the probability might be adjusted down to 50-60%.
Longer-Term Analysis (1-6 months):
Bullish Scenario : Should the price maintain above significant moving averages, and the OBV continues to show volume backing up the price increases, one could maintain a bullish outlook. Watch for the momentum indicators to remain in a bullish posture without significant divergences.
Bearish Scenario : Should the OBV and momentum indicators start to show sustained divergences with price, or if the price falls below key moving averages, one might adopt a cautious stance with a higher probability of a bearish phase.
Probability Estimate: With the confirmation of the trend by OBV and proprietary indicators, one might estimate a 60-70% chance of the prevailing trend continuing . Should divergences become apparent, the probability of trend continuation might drop to around 40-50%.
Momentum GrowingThe crypto industry and Bitcoiners in particular will remember 2024 as a very successful year. That final bastion of TradFi acceptance, ETFs, was taken. Bitcoin and Ethereum ETFs have attracted more than $34 billion in inflows. Bitcoin crossed that big psychological barrier of $100,000 and is now a 6-figure asset. Total crypto market capitalization exceeded a remarkable $3.6 trillion. BlackRock's Bitcoin ETF, IBIT, has become the most successful ETF ever launched on the market.
But as is usual in Crypto, the journey was far from straightforward. Ethereum, and many other Altcoins, lagged behind. Solana paced ahead of other Altcoins and saw more than 300% growth. Memecoins took off. In some parts of the industry, mania took hold. Pump.fun, a platform that enables anyone with a $5 wallet and an idea to create a token in two minutes, saw 4.5 million tokens launched. The Phantom wallet, commonly used for on-the-go memecoin trading, reached top positions in the App store. A particularly low point was reached when Pump.fun temporarily launched a live-streaming feature. When things deteriorated rapidly, pump.fun had to quickly disable the feature. In the last few weeks, momentum accelerated as some of the users who had quit the market with FTX' collapse returned. The prices of 'old' coins such as XRP, Cardano and others, took off.
Traders continue to wait for possible pull-backs of BTC to the $80,000-90,000 range. But for now, momentum seems to be building and instead, Bitcoin has ranged above $100k for the longest time so far over the past 24-48 hours. More momentum could be on the way. A very crypto-friendly US administration is coming. US regulatory winds against crypto are likely to shift. All the while, interest rates are likely to drop further, leading to more available liquidity in the market.
We all know that History does not repeat but it can rhyme. Bitcoin's price cycles regularly included one year of decline followed by three years of growth. If this trend continues, then 2025 may be the last, and possibly the most explosive year of this bull-cycle. For now at least we can say: momentum is growing.
DOG (GO TO THE MOON) IS MOONING THE BANANA IS FORMINGHaven'tThe DOG Meme of Bitcoin is breaking out. Notice the inverted Head & Shoulders with measured move to 0.007. Also Macro Fib puts the 2.618 target at (can't see on my chart because of publisging. somewhere around 0.015
If Not in, buy zune retest is marked.
BTC @ 63K imagine where DOG will be when BTC is 200K??
Bitcoin: The Path to $125K or Beyond?BINANCE:BTCUSDT after yesterday’s flash crash price is currently consolidating around $95,000-$98,000. The market’s bullish sentiment is fueled by factors such as record-low exchange reserves, growing demand from Bitcoin spot ETFs, and increased accumulation by long-term holders. These dynamics have significantly tightened supply, positioning Bitcoin for another potential rally.
Looking ahead, again breaking the $100,000 psychological level could pave the way toward targets of $110,000 and $125,000. Analysts highlight the influence of regulatory developments, particularly in the U.S., and the increasing adoption of Bitcoin by institutions as critical catalysts for its growth. Conversely, a dip below $94,000 could signal a bearish phase with support at $90,000.
The long-term outlook remains optimistic, with experts forecasting Bitcoin’s price to reach between $150,000 and $250,000 within the next year, driven by its finite supply and enhanced institutional backing. As Bitcoin’s trajectory unfolds, monitoring BITSTAMP:BTCUSD ETF inflows and macroeconomic trends will be essential to capitalize on its upward momentum.
As per technical analysis, COINBASE:BTCUSD Bitcoin has formed an ascending support line alongside a higher-high structure. This bullish pattern strongly indicates further upward momentum in the coming weeks.
In our previous Bitcoin analysis, we set a bold target of $100,000 when the price was around $60,000, despite widespread skepticism in the market. True to our prediction, Bitcoin achieved and surpassed this milestone, completing all our projected targets. Stay tuned and follow us for more accurate updates and insights into the cryptocurrency market.
BINANCE:BTCUSDT Currently trading at $97500
Buy level: Above $97,000
Stop loss: Below $90,000
Target : $125,000
Max Leverage 3x
Always keep Stop loss
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When is the Right Time to Reenter?You see those two green stripes? That’s where I bought:
1️⃣ First Stripe:
- Indicators Alignment: The **1-Day, 3-Day, and 1-Week Cycles** were all below 20, signaling a strong buy.
- Retracement: The market had retraced ~12%, confirming the **bullish trend** was still intact.
- Cycle Low: The **60-Day Cycle low** was just around the corner.
- Key Level: When the **$40K level** broke, the **bottom volatility** confirmed we were bottoming in the **60-Day Cycle**.
- 🔍 **Did I catch the exact bottom?** Rarely—but I waited for the **1-Day Cycle to reset** and bought again at the **second green stripe** in early February.
2️⃣ The Result:
- The market resumed its climb, gaining another **50%** from my entry point. 🚀
The Current Plan
📝 I’ll take a similar approach this time:
- 1-Day & 3-Day Cycles: Plan to reenter when both indicators drop below 20 —without waiting for the 1-Week Cycle to reset fully.
- Why? A left-translated cycle (concept by Bob Loukas, 2022) suggests this could still be a great entry point.
📊 Historical Data: Strongly supports this strategy.
Stay patient, and let the cycles guide your reentry. 🚦📈
BTCUSD | Next Prime Zone for Long OpportunityWelcome back! Let me know your thoughts in the comments!
** BTCUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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XRP $3.00 Still Active - Consolidation looks BullishSince my last BINANCE:XRPUSDT Trading Idea the altcoin consolidated more sideways and breached the trend line. Nevertheless, as long as the support zone at around $2.18 is holding, the setup remains intact. Bitcoin still hovers below $100K and tries to break out to the upper side. This will be the catalyst for this trade. Same goes for most of the other altcoins out there.
Target Zone
$3.00
Support Zone
$2.18
Bitcoin Update BTCUSDT Symmetrical triangle breakout forming!
Price is testing the upper resistance of the triangle around $100,370. Breakouts from this pattern can lead to strong moves, with targets calculated by the height of the triangle.
Watch for:
A breakout above $101,000 for bullish continuation.
Rejection and retest of support near $99,000 for a possible fakeout.
What's your play? 💰 HODL, trade, or wait? #Crypto #Bitcoin #BTC
BTC LONG OPPORTUNITY BTC long opportunity to $103,670. Simple break out from a descending pattern coupled with rejection from the SMA's on 4hr time frame and the rejection from $99,000 on higher time frames, also notice the low test candle on the 4hr slightly piercing through that support level.
Expect a pull back at around $101,600 - $101,700 for liquidation and relief for retail traders. Fib would give us a target of $103,620 which is also the ATH for BTC so a good target to revisit.
JUPITER ($JUP) Big Breakout - December UpdateJupiter (JUP) appears to be on the brink of a breakout, as its recent consolidation pattern suggests it may be gearing up for its next leg up. Over the past few weeks, JUP has been trading within a defined range, with steady accumulation and strong support levels holding firm. This period of consolidation often indicates that buying pressure is building, setting the stage for a potential price surge once the coin breaks through key resistance levels.
Technical indicators are showing signs of bullish momentum, with increasing volume and favorable patterns in moving averages suggesting that JUP is primed for upward movement. Additionally, the broader market sentiment is leaning positive, which further adds to the bullish outlook for JUP.
If JUP can maintain its current structure and break through resistance, the next leg up could see significant price appreciation. As always, it's essential to keep an eye on market conditions and potential risk factors, but the technical setup is looking strong for a potential breakout in the near term.
Now Funding Rates Have Fixed, Where Were We?Now that BTC USDT funding rates have fixed, where were we?
Bitcoin's funding rate normalization is a positive signal for market stability, often indicating that extreme sentiment (either bullish or bearish) is cooling off. This creates a more balanced environment for the next major move.
Resistance and the 110K Target
If the key resistance level you are watching breaks, the idea of a path to $110K becomes plausible under certain conditions:
Momentum Confirmation: A strong breakout above the resistance with high volume and no immediate rejection is crucial.
Market Sentiment: If the broader sentiment shifts positively, it could drive significant buying pressure.
Macro Factors: Bitcoin's trajectory could be influenced by external factors like macroeconomic data, institutional adoption, or regulatory clarity.
See how Latest BTC Analyzes hit TP
Latest Bitcoin Analyzes
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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