BTCUSD: Bullish Flag Breakout AheadBTCUSDT technical analysis update
At the bottom, Bitcoin formed a falling wedge pattern over 240 days. After breaking out, the price surged by 75%. Following this rise, BTC entered a 220-day consolidation phase, forming a rectangular continuation pattern, which led to a 133% increase after its breakout. Currently, BTC has been forming a flag pattern for the last 220 days, and in the next 10-20 days, we could see a breakout, potentially signaling another strong bullish move.
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Hexa
Bitcoinlong
BITCOIN NEWBORN Ver.2Previous maps have factored in BTC's journey when the price was at 25k which fell to 15k.
everything is very precise, but unfortunately, it turns out that the map cannot be published due to problems with language and domicile regulations!
And now, I'm just looking at the equivalent of Bitcoin's current state (Feb 2023) to 2020 Feb, in 1M TF .
It all starts with a rising wedge pattern and there are brekouts and brekdowns within it (it's more of a long rising wedge )
I'm sure February 2020 will happen again. And we are currently in the red candle (1 Feb 2023) at 21.8K as of this note.
and again, I really believe Bitcoin will arrive at 60k-150k.
you can see a rough price range for this movement of Bitcoin.
One more possible scenario for BTCBTC can go in a correction phase with the target to 74k , if the panic will not occur and this support will hold then the next target it should be at least 120k or 120-140k.Overall even if BTC will drop ,the range between 40-50k has a strong support on the weekly/monthly charts.In the long therm all the crypto will be bullish , especially when ETH will start pump...now is still behind BTC
Bitcoin | Liquidation of Highly Leveraged LongsBitcoin's price movement often reflects a balance between bullish sentiment and market corrections. In this scenario, we anticipate an upward trend overall. However, there is a potential for a short-term dip caused by the liquidation of highly leveraged long positions.
When a large number of traders enter long positions with high leverage, it creates a fragile market structure. If the price dips slightly, triggering stop losses or margin calls for these leveraged positions, a cascade of liquidations can occur. This sell-off pressure can temporarily drive the price down.
In such a situation, the orange box represents a strong support zone, likely characterized by high buying interest or significant historical price activity. As liquidations occur and the price approaches this area, it is expected that buyers will step in, absorbing the sell pressure and stabilizing the price. This makes the orange box a key level for potential reversals or consolidation before the upward momentum resumes.
My last bitcoin analysis. 📈 BTCUSDT.P: Two Key Demand Zones
This explanation highlights the importance of understanding leveraged dynamics and support zones in Bitcoin trading.
I keep my charts clean and simple because I believe clarity leads to better decisions. Trading doesn’t have to be overly complicated, and I enjoy sharing setups that have worked well for me.
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. It’s all about learning and growing together as traders, and I’m here to share what I see.
The markets can confirm what the charts whisper if we’re paying attention. I hope these levels help you as much as they’ve helped me in the past. Let’s see how this plays out!
My Previous Hits
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
At the end of the day, trading is a journey. I’m happy to share mine, and I’d love to hear your thoughts as well. Let’s keep learning and improving together. 😊
Bitcoin BTC Analysis By Skyrexio: Correction To $85k Is IncomingHello, Skyrexians!
In our last Bitcoin analsys we pointed out how BINANCE:BTCUSDT will break $100k and why it's not going to happen with the first attempt. There we expected correction before the bullish continuation. Now it looks like our scenario is playing out. Let's look in details when this correction will be over.
Let's take a look at the 4h time frame. We can see there the large wave 3 which has been finished almost at $100k. This wave consists of 5 Elliott waves inside. All this small cycle has been finished with the bearish divergence and the red dot on the Bullish/Bearish Reversal Bar Indicator . You can see two red dot. On low time frames, like 4h it's needed more than signal to have the high probability of reversal.
Large wave 3 is finished and now it's time for wave 4. This wave is likely to be the zigzag ABC. Waves A and B have been already printed, now price is I wave C. The target for this dump is clear, waves 4 tend to reach 0.38-0.5 Fibonacci retracement levels. Moreover the wave 4 of lower degree usually ends at the same zone. As a result we have the very strong potential reversal level at $85k approximately. After reaching this zone expect the bullish continuation to the target $107k.
Best regards,
Skyrexio Team
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BTCUSD Trade LogBTC Long in 4H FVG
Entry : Within the 4-hour Fair Value Gap (FVG) at a relative discount level.
Risk Management : Risk 1% of your trading capital, incorporating any commissions.
Risk-Reward Ratio (RRR) : 1:2 (set the take-profit at twice the distance of the stop-loss).
Take-Profit (TP) : Position the TP below the 1-hour bearish FVG, which has signaled a potential short opportunity.
Confirmation : Ensure a strengthening uptrend in the Cumulative Volume Delta (CVD) to confirm increasing buying pressure.
This strategy balances the long opportunity while respecting potential bearish setups in shorter time frames.
I Drew IT So That You May Have HopeGo With Coin ANd SMile 😁
You who dare hide by the sidelines are the same who are hide in both fair and now "GOOD" season. An " Alt "er Net reality where your obeisance to Daddy Toshi is resting , NO! , sleeping? , NO! Not listening.
"One coin to rule them all until there is wait two or three... Oh wait there's another one!!!"
YOLO Moonboyz🌛 If you feel so inclined to do so.
🚽👄Toilet Mouth: "Why do all your post say Short!?"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer 👨💻😈
You have been warned by The Coin SLayer!
P.S. Now witha bag!
P.S.S. well two or Ten
Bitcoin Long C&H - Target $120k by 2024Large Cup and Handle Formation building over the last 12-18 months.
Target of $120k by completion in January 2024 or earlier.
After Cup formation is complete, expect some pullback before the rally.
The Green dotted line is a multi-year support line dating back to 2015.
280-300% increase from today if this plays out, but likely not until the Nov-Jan timeframe.
Is Bitcoin's Liquidity Index a Reliable Indicator for PredictingBitcoin (BTC) has been making significant strides in recent times, and a new analysis suggests that the cryptocurrency could reach a local top of $102,000 by January 2025. This prediction is based on the behavior of Bitcoin's liquidity index, a metric that measures the ease with which Bitcoin can be bought or sold.
The Significance of Bitcoin's Liquidity Index
The liquidity index is a crucial indicator of market sentiment and potential price movements. A higher liquidity index suggests increased investor interest and a stronger demand for Bitcoin. Conversely, a lower liquidity index may signal waning interest and potential price declines.
Historical Correlation Between Liquidity Index and Bitcoin Price
Historical data reveals a strong correlation between Bitcoin's liquidity index and its price. In the past, periods of high liquidity have often preceded significant price rallies, while periods of low liquidity have coincided with price corrections.
The 2025 Prediction
Based on the current trend of the liquidity index, analysts predict that Bitcoin could reach a local top of $102,000 by January 2025. This projection is supported by the historical correlation between the index and Bitcoin's price.
However, it's important to note that this prediction is based on the assumption that the historical correlation between the liquidity index and Bitcoin's price will continue to hold. While this assumption is reasonable, it's not guaranteed. Several factors could influence Bitcoin's price trajectory, including macroeconomic conditions, regulatory developments, and geopolitical events.
Potential Correction After the Peak
Following the projected $102,000 peak, Bitcoin may undergo a correction to around $70,000. This potential correction could be driven by profit-taking, overbought conditions, or a shift in market sentiment.
Factors Influencing Bitcoin's Price
Several factors could impact Bitcoin's price in the coming months and years:
1. Macroeconomic Conditions: Global economic conditions, such as inflation rates, interest rates, and GDP growth, can significantly influence Bitcoin's price.
2. Regulatory Environment: Regulatory clarity and favorable policies can boost investor confidence and drive Bitcoin's adoption.
3. Institutional Adoption: Increased adoption of Bitcoin by institutional investors, such as hedge funds and pension funds, can provide significant price support.
4. Network Upgrades: Technological advancements and network upgrades can enhance Bitcoin's scalability and efficiency, attracting more users and investors.
5. Market Sentiment: Investor sentiment, including fear, greed, and speculation, can play a significant role in short-term price fluctuations.
Conclusion
While the liquidity index suggests a potential $102,000 peak for Bitcoin by January 2025, it's essential to approach this prediction with caution. The cryptocurrency market is highly volatile, and unforeseen events can significantly impact Bitcoin's price.
Investors should conduct thorough research and consider consulting with financial advisors before making any investment decisions. It's also crucial to diversify one's investment portfolio and manage risk effectively.
As Bitcoin continues to evolve and mature, its long-term potential remains significant. However, investors should be prepared for both upside and downside volatility in the short term.
5 REASONS TO STAY IN THE CRYPTO MARKETThe end of September aka rektember historically the worst performing month of the year is in sight, and October is fast approaching.
1/ October aka ‘Uptober’ or better to say "Moontober" is historically one of the best performing months of the year and in the past two bull run years October’s have all been green – third time’s a charm? FYI last year we pumped 29% and so many of us ordered Countach
2/ It ain’t just October – Q4 historically yields the highest returns of the year
Excited for Uptober? Just wait till we hit No Loss November baaaby!
3/ M2 projections vs. CRYPTOCAP:BTC looking bullish
M2 tracks the global supply of money. The more money is in the system, the more of it can flow into crypto. Here’s Bloomberg’s 10week projection of M2 supply (black) overlaid with CRYPTOCAP:BTC ’s current performance (red)
4/ The bull market historically takes off at this point
See that white line? That’s the current cycle
as you see The crypto market seems to be following historical bull market trends closely. We've experienced a stronger than usual rally ahead of the halving, largely driven by expectations around spot Bitcoin ETFs. However, the post-halving rally has been weaker, bringing the market back in line with typical patterns seen in previous cycles.
Potential for Growth: If past cycles are any indication, the market is expected to gain momentum from this point onward. Historically, after a weaker post-halving phase, a significant upward surge is needed to complete the cycle.
Cycle Length Considerations: There is evidence suggesting that each crypto cycle is lengthening in terms of duration. This trend may reflect increasing institutional involvement, as longer cycles often point to a more mature and stable market
5/ Rate cuts are here!
The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020.This is now the most unexpected Fed decision since 2009.
And lowered rates allow more money to flow into markets over time.
and after btc pump we will have sweet alt party so buckle up and be ready for printing money
#BTCUSDT: Bitcoin to 100k is not far now! Get ready In our previous chart, we identified a potential swing buy planning area at 60k, where we anticipated a price reversal. The price subsequently reversed and is currently at 68k. Examining the price behavior in this pattern, we observe a Wyckoff strategic pattern on the two-day timeframe. The pattern has been completed, and the price is currently in a distribution phase. Potential targets include an all-time high, with 80k as the next target, followed by 90k and a final target of 100k. While this may seem optimistic, we base our actions on observed price behavior, which currently indicates the potential for a significant move. We appreciate your feedback and encourage you to follow for more insights.
BTC H4 Descending Broadening WedgeBitcoin is currently trading within a Descending Broadening Wedge that appears to be completing and ready to flip bullish. RSI is 51 at time of publishing. Price action fell through the 50 sma and then recovered at the 100 sma. It then temporarily lost the 100 sma and recovered it. PA is currently sitting on the .5 extension.
The bottom of the price action has also formed a "v" recovery. I think this area is bottom.
Key levels to watch for after the breakout are marked with green horizontal lines and correspond to fib extensions.
Not financial advice. Do your own DD.
Thanks for viewing the idea.
Bitcoin Analysis: Two Key Demand Zones for Potential Bounce
Bitcoin's price action currently hovers near critical areas of demand, suggesting two zones where buyers might step in to push prices higher. These zones represent areas of significant historical interest where demand has previously outweighed supply, potentially leading to a bounce:
Demand Zone 1 - Immediate Support:
This zone lies between $93,420 - $95,000 where Bitcoin recently found support during its last pullback. It aligns with a high-demand area on the chart, characterized by a cluster of previous rejections and consolidations. Buyers may look to defend this level as it coincides with key technical confluences, such as previous swing lows and trendline support.
Demand Zone 2 - Deeper Support Level:
The second demand zone is located between $91,850 - $90,800 marking a region where significant buying pressure previously triggered strong upward momentum. This zone is reinforced by a high-volume accumulation area and aligns with a critical Fibonacci retracement level. If the price dips to this region, it may attract long-term buyers aiming to capitalize on lower prices.
Key Considerations:
Price Reaction: Monitor how Bitcoin reacts as it approaches these zones; wicks and sharp rejections could signal strong demand.
Volume Confirmation: Increasing buy-side volume near these zones will validate the strength of the demand areas.
Risk Management: A sustained break below these zones may invalidate the bullish thesis, so stop-loss placement is crucial.
These demand zones serve as key levels to watch for potential reversals, offering strategic entry points for traders looking to capitalize on a possible Bitcoin bounce
If you're looking for the most accurate and reliable insights into Bitcoin's price action, my analysis is second to none. Follow my updates for consistent, actionable strategies that outperform the market.
BTC Retrace Possibly Complete H4From BTC low to swing high (88,700 to 99,800) we have had a perfect breakdown through the fibs all the way down to a perfect body close on the .786. The price action dipped below the 100 sma for a short period and quickly recovered this level. Price is currently trading above the .5 fib retracement level. RSI is 49 at time of publishing and trending upward after an MA cross. Price is targeting the .382 and 50 sma next as levels to watch as btc recovers further. This is just my opinion, there is also clearly a scenario with more downside. This idea is strictly my opinion.
Not financial advice.
Do your own DD.
Thanks for viewing the idea.
IBIT | This is Where Real Trader's are LookingThere's no need to complicate things. You are watching where real traders watch.
I see the green box and the red box as the selling place.
When the price reaches those areas, I recommend you to follow the volume side. If these regions are to be broken and passed, the volume side will give signals of this.
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My Record Speaks for Itself
DOGEUSDT.P | 4 Reward for 1 Risk much more if you hold it.
RENDERUSDT.P | HTF Accuracy
ETHUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
BNBUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
Understanding the Benefits of Long-Term Bitcoin HoldingThe Bitcoin market has been on a tear, recently surging towards the coveted $100,000 mark. Amidst this bullish momentum, a fascinating trend has emerged: long-term Bitcoin holders, often referred to as "hodlers," are showing no signs of capitulation.1 In fact, they seem more determined than ever to hold onto their coins, even as the price continues to rise.
The Psychology of Hodling
The concept of hodling, a deliberate misspelling of "holding," has become synonymous with the Bitcoin community. It encapsulates the idea of buying and holding Bitcoin for the long term, regardless of short-term price fluctuations. Hodlers are often driven by a deep belief in Bitcoin's potential as a revolutionary technology and a store of value.2
As Bitcoin's price has soared, some investors might be tempted to take profits and cash out. However, long-term holders are resisting this urge, choosing instead to remain patient and steadfast in their conviction. This behavior can be attributed to several factors:
• Belief in Bitcoin's Long-Term Potential: Many hodlers view Bitcoin as a digital gold, a scarce asset with immense value potential. They believe that the current price surge is just the beginning of a much larger upward trend.
• Fear of Missing Out (FOMO): As Bitcoin's price continues to climb, there's a fear of missing out on significant gains. Hodlers may worry that if they sell now, they might regret it later when the price reaches even higher levels.
• The Halving Effect: Bitcoin's supply is halved every four years, reducing the number of new coins entering circulation.4 This event, known as the halving, is expected to have a significant impact on Bitcoin's price. Hodlers may be anticipating a substantial price increase after the next halving, scheduled for 2024.
• The Network Effect: As more people and institutions adopt Bitcoin, its network effect strengthens. This increased adoption can lead to higher demand, driving the price up further.
Why Hodling is Good for Bitcoin
The fact that long-term holders are resisting the temptation to sell is a positive sign for Bitcoin's future. Here's why:
• Reduced Selling Pressure: When fewer coins are being sold, it reduces selling pressure on the market. This can help to stabilize the price and prevent sharp declines.
• Increased Price Stability: A lower supply of Bitcoin available for sale can lead to increased price stability. This can attract more institutional investors who prefer assets with lower volatility.
• Stronger Market Fundamentals: The behavior of long-term holders demonstrates strong market fundamentals. It suggests that Bitcoin is perceived as a valuable asset with long-term potential.
• Positive Market Sentiment: The resilience of long-term holders can boost market sentiment, attracting new investors and driving further price appreciation.
In conclusion, the greed of long-term Bitcoin holders is a bullish indicator for the cryptocurrency market. Their unwavering belief in Bitcoin's potential, coupled with their willingness to hold onto their coins, is a testament to the strength of the Bitcoin community and the underlying technology. As Bitcoin continues its journey towards mass adoption, the hodlers will likely play a crucial role in shaping its future.