Bitcoinlong
#Bitcoin_hodle_signal Bitcoin always loves forming head and shoulders pattern in the bottom to make anew HI after breaking out the neck line
now , you can set up your entry and your stop lose necessary because i am still seeing a correction to 25000 >>>24000 zone
so please be committed with your stop lose
BTC Power Law Centerline is BrokenWelp. This might be it before the final run-up. Based on the past history of bitcoin, if we draw a line through the center of a power law function, if the price is above the ATH and it breaks that center line it typically signals the final rally towards the top of the power law band. Everyone is hoping for 2025, me included, but based on past history, we have around 100-150 days left in the current cycle (June - Aug from the looks of things). Unless we can get some sort of mass pullback to replicate June 2019. The length of the current bear market just doesn't show that in the cards.
One more thing to add, the price of that centerline crossover also corresponds to the bear market lows.
Keep calm and carry on
THE GREATEST TRADE OF THIS DECADE! BITCOIN TO 1M! Greetings!
This is my long-term analysis of bitcoin based on the logarithmic chart.
I notice that there are price patterns that are repeating.
1.March 2013- September 2013
1.January 2015-September 2015.
2. November 2013-August 2015.
2. January 2021-August 2023.
3. April 2020-November 2020.
3. January 2023-August 2023.
I bet bitcoin would do the same pattern from September 2015 to December 2017, in the next few months. If so, we could see bitcoin at 1 million dollars by December 2025.
Buy SPOT TRADING and HODL until up December 2025.
I will be updating this idea.
We're early...
JB.-
Bitcoin Surges Towards $100,000 as All-Time High LoomsIn a bullish run that seems unstoppable, Bitcoin (BTCUSDT) is currently trading at a staggering $72,000. This places the world's most popular cryptocurrency on the cusp of a breakout from its previous all-time high of $69,000.
Most Crypto analysts are now setting their sights on the next resistance level, which sits between $83,000 and $85,000. If Bitcoin can breach this barrier, some experts believe a surge towards $100,000 could be imminent.
This latest surge comes amid a period of renewed optimism for the cryptocurrency market. Increased institutional adoption, Bitcoin ETF approvals, and growing mainstream interest are being cited as key factors driving the current rally.
However, Crypto analysts caution that a period of volatility could follow a potential breakout. Investors are advised to exercise caution and conduct thorough research before making any investment decisions.
#BTCUSDT Long#BTCUSDT
We have the cup model configured perfectly.
The cup hand was formed and the breakout to the upside occurred
We have upward momentum and there are target areas that can act as a resistance area as well as a rebound point if we fail to break through it.
We have the 49,000 level as an initial target and resistance area at the same time
If we succeed in breaching it, we have a target for the previous peak, level 68,000.
In the event of a rebound from the 49,000 level, it is expected to touch the rising trend
You must pay attention to the retracement areas to benefit from the best retracements.
As well as exploiting the penetration of those levels
BTC 200 EMA 3D indicatorIt is the first time since May 6, 2022 (314 days) that BTC can potentially intersect with the 200EMA 3D.
On the other hand, it would be the first time since April 29, 2020 (1054 days) that it would reach this indicator level in an upward trend.
At that time, BTC was at $7,900. Since then, BTC has grown 760% over 561 days and suffered a 76% correction over 493 days.
Does it mean something? I believe that if you have been involved in such a market for all this time and have persevered, you have undoubtedly learned to have an effective approach and, above all, to be an active supporter of it.
What's your opinion?
Ragards.
Update on the Path to $100K and $150K BitcoinHere's an updated 'Path to $100k - $150k Bitcoin' study.
We've already seen the power of the ETF money flowing into these markets, which seems unstoppable with Blackrock and Fidelity now with over $16B in AUM.
We're also now seeing heavy corporate accumulation by the likes of MSTR which just upsized it's convertible debt offering to $700M from $600M to buy more Bitcoin.
But as I've been speculating lately that other corporate accumulation has already begun, and would soon be 'revealed' at quarterly earnings reports and 10K filings...
A wallet address associated with Tesla has started showing new accumulation of BTC.
According to news sources: "Data from Arkham Intelligence reveals Tesla's apparent accumulation of Bitcoin, with holdings now at 11,509 BTC, up from 9,720 BTC. This surge, amounting to 1,789 BTC (approximately $120.4 million), suggests a renewed interest in the cryptocurrency."
And they're likely not the only ones.
It's a game of musical chairs, and not everyone will have a seat when the music stops.
How high will this push Bitcion and the rest of the crypto markets?
As you can see from this study analyzing the past cycle's fibonacci projectsions which correctly called the market cycle top exactly, and also by overlaying the last cycle's price action pattern, stretched out slightly to account for the pre-halving tempo of this market...
We can clearly see $100k Bitcoin as the likely next point of resistance, and after potentially re-testing the current $70k new high, bitcoin could easily push higher to $155K this year.
Similarly, the chart suggests that at a full 3.618 Fibonacci extention like the last cycle, puts Bitcoin at a $210K high this cycle, likely in 2025.
What ar your thoughts?
BTC LOCAL ANALYSISAn “OB” appeared before the ATH, indicating a noticeable reaction in that range. This involves deliberately containing further price movement, which is likely to lead to the accumulation of significant bullish positions for subsequent dumping in the opposite direction.
In this range, potential entry points can be searched based on confirmations from 15m ltf
I am inclined towards a more possible scenario, this is a correction to the initial FVG target in the range of 58120 to 57000 , which reflects the current decline of about 15%!
The BTC distribution process is expected to take several days to allow liquidity to accumulate.
USDT.D Analysis: $ Dominance Dips, Opening Doors for Crypto?Hey traders,
Let's dive into Tether Dominance CRYPTOCAP:USDT.D and see what it might mean for the crypto market.
Channel Cracked:
USDT.D used to chill in a monthly channel for a while. But recently, it decided to break free, potentially paving the way for a continued decline in dollar dominance, reaching the next weekly resistance level.
RSI Bouncing Back (Maybe):
The Relative Strength Index (RSI) just stepped out of the oversold zone. This could signal a potential price bounce or a period of consolidation (think of it as the market taking a breather).
Crypto on the Rise?
As long as dollar dominance keeps falling, more money might flow into cryptocurrencies, potentially pushing their prices up.
Bitcoin's Buddies:
If this dollar decline happens alongside Bitcoin price fluctuations and a dip in its own dominance, we could see altcoins surge in an epic way!
The US Dollar Factor:
One big question mark: how will US policies affect the dollar's value and, in turn, crypto prices? Only time will tell.
Time to Take Profits?
If the RSI exits the oversold zone, it might be a good time to consider closing out your long positions (selling your crypto) or taking some profits off the table.
Remember:
This analysis is for educational purposes only, not financial advice. Do your own research and use proper risk management before making any trades.
BTC to see further upside - ATTMO signals bullish 🌞The cryptocurrency trend was positive over the past 24 hours, though Bitcoin traded unchanged around $65,840, trading 4 percent below its all-time high reached on Tuesday. The price of Bitcoin has risen 54 percent over the past month.
“From a technical perspective, we're close to the end of the pre-halving rally for #Bitcoin. Macroeconomic data is likely going to have an impact this month + the pre-halving rally finishing off. What's next? We'll sweep to $70K and take liquidity as a scenario,” said the founder and CEO of MN Trading, Michaël van de Poppe.
BlackRock held 183,345 Bitcoins on March 5, its fund prospectus shows. The world’s largest asset manager will soon overtake that of MicroStrategy, 193,000 Bitcoins. Yesterday, the latter announced it will issue a bond due 2030, with a coupon of 0.625 percent, to raise $700 million. This is $100 million more than announced earlier this week. The proceeds will be used to buy additional Bitcoin and for general corporate purposes, MicroStrategy said.
A bullish sun shines over the global crypto market in the next 24 hours and week, signaling upside potential for Bitcoin, Ether and most other altcoins covered by ATTMO. Dogecoin and Uniswap buck this positive trend and will face bearish clouds – downside risks both in the short and medium term.
As for Binance Coin, Cardano, Avalanche and Polkadot, they have bearish clouds lingering over them in the next 24 hours but should profit from the sun, bullish trading conditions over a one-week horizon.
Follow us for more crypto weather reports!
BTC : Called IT ! Bitcoin DID IT 🥳 New ATH LOADING📉Hi Traders, Investors and Speculators of Charts📈
I used a very specific technical indicator to call the start of a new ATH season. Find the details of the indicator and the idea below.
Link to old idea here 👇 :
I'll do an update tomorrow on where I see BTC going from here, since we still see a lot of buying pressure.
From here, I expect altcoins to start making their rallies . Find more info on alt season 2024 here:
Cheers to another profitable day in crypto 🥳 And remember to realize gains🥂
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BITSTAMP:BTCUSD
Bitcoin Continuation to $60k this MarchBitcoin ETF flows have continued to exceed recent expectations. On average it would seem we have been seeing about $500M in new money come in every day. If this continues, which I expect it will, price will continue toward the previous Bitcoin ATH around $70k very soon.
In short term however, I think price will hit the $60k area by or in March. This is the measured move of a large bullish megaphone pattern, that just successfully completed a retest of the upper boundary at $50k. Happy trading!