BTC/USD "Bitcoin" Crypto Market Heist Plan on Bearish Side🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the BTC/USD "Bitcoin" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a short trade at any point,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 90,000
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Bitcoinmarket
Triangle Consolidation on Bitcoin (BTC)Hello,
Current Price: $94k.
Chart Pattern: Triangle
Trend: Consolidation/Sideways
Trade: You may try a long position if BTC stays within the triangle or breaks upwards. Breaking the triangle downward would invalidate the long position ideas and have a bearish indication.
Regards,
Ely
bitcoin hype snowballingnot everyone can be a winner in the bitcoin bull market. this miner is experiencing a clear uptrend due to higher crypto value. since noon btct has struck an equillibrium with 15 minute higher lows and lower highs. i expect this to break and into the upper $13s if above pivot, or lower $11s if below. daily i expect this stock to turn around back to bear again, even if it maintains the weekly uptrend. im looking at shorting this to $5.39 if we dont breakout on the 4hr chart. stock ahould set a weekly higher low in continuation even if bearish daily.
Bitcoin’s Path to New Highs: Targeting the $88,542 - $90,715 RanHello Folks
As Bitcoin continues its bullish momentum, the price action suggests a breakout from key resistance levels, pushing BTC towards new potential highs. The chart indicates a strong uptrend with Bitcoin breaking past significant zones, confirming the strength of buyer interest.
Based on my analysis, the next target for Bitcoin lies in the range of $88,542 to $90,715. This target range is defined by the technical breakout and current trajectory, showing potential for further upward movement. However, as always, traders should remain vigilant for any signs of reversal or correction along the way.
This level will serve as a critical area to watch, where a break above $90,000 could pave the way for Bitcoin to test even higher resistance zones, while consolidation or rejection might prompt a pullback, giving traders an opportunity to reassess entries and exits.
Keep an eye on the price action as we approach this target range—Bitcoin’s journey towards $90,000 is one to watch closely!
Once we reach 90k A new update will be shared
BTC/USD "BITCOIN" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 4h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
BTC/USD "BITCOIN" Market Money Heist Plan on Bearish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 2H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
BTC/USDT Reentry: Filling the Large Sell Orders Around 70KAfter being spiked out in the previous BTC setup, I decided to reenter the trade, and so far, the market is moving in our favor. An important observation is the presence of large sell orders around the 70K level, which suggests the price might first need to revisit this area before we see any major continuation. It’s unlikely for BTC to make a deep retrace to 50K before filling these orders.
Technical Analysis:
• BTC has shown signs of retracing into a key Fibonacci zone while still respecting the bullish structure.
• The FibCloud indicator confirms that price is holding above key support levels, and we may see a continuation if momentum maintains.
• The volume is increasing, particularly around the 70K zone, showing that buyers and sellers are locking in this range for potential price action.
Risk Management:
• Given the volatility of BTC and the presence of large orders, I’m keeping a close watch on the 70K level.
• Stops have been placed below the key Fib levels to minimize potential losses if the price reverses sharply.
• If the price hits this level without major bullish pressure, I may look to exit or adjust my position.
While our bias remains valid, spikes like the one that triggered our previous stop loss are typical in such markets. The goal here is not to label this trade as good or bad but to demonstrate that staying calm and managing risk is crucial. The market’s conditions constantly shift, and how we adapt to these changes defines our trading success.
Both sides can make money in this game—the key is how we handle it. Don’t forget to trust yourself and adjust according to the market’s signals. How are you handling your trade setups this week?
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
BTC/USD "BITCOIN" Crypto Market Heist Plan on BearishHello My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist BTC/USD "BITCOIN" Crypto Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Note: Attention for "Scalpers" trade only on short side and If you've got a lot of money you can get out right away otherwise you can join with a "Swing trade Robbers" and continue the heist plan, Use Trailing SL to protect our money 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 2h timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂b
Understanding Price Clustering in the Bitcoin Market█ Understanding Price Clustering in the Bitcoin Market
Price clustering is a phenomenon where certain price levels, particularly round numbers, tend to appear more frequently in financial markets. This study focuses on how price clustering occurs in the Bitcoin market, providing insights that can be valuable for traders.
█ The Psychology Behind Price Clustering
One of the primary reasons behind price clustering in the Bitcoin market is the psychological impact of round numbers. Market participants often perceive prices ending in 0 or 00 as significant, which leads to a concentration of buy and sell orders around these levels. This behavior is not unique to Bitcoin; it has been observed across various financial markets, from stocks to foreign exchange.
For instance, when Bitcoin prices approach a round number like $30,000 or $50,000, traders might expect strong resistance or support at these levels. This expectation can lead to increased trading activity, causing prices to cluster around these key levels. The psychological importance of these numbers can also cause traders to place stop-loss or take-profit orders around them, further reinforcing the clustering effect.
█ Key Findings from the Study
⚪ Clustering Around Round Numbers: The study highlights that Bitcoin prices tend to cluster around round numbers, such as $10,000, $20,000, or $50,000. This is primarily driven by psychological barriers, where traders view these round numbers as significant price levels, leading to an increased concentration of trading activity.
⚪ Impact of Time Frames: The extent of price clustering varies significantly with the time frame. In shorter time frames (like 1-minute or 15-minute intervals), price clustering is less pronounced due to the randomness of price movements. However, as the time frame lengthens (hourly or daily), the clustering effect becomes more apparent, suggesting that traders may be more likely to anchor their strategies around these round numbers over longer periods.
⚪ Differences in Open, High, and Low Prices: The study also finds differences in clustering patterns between open, high, and low prices. High prices tend to cluster around the digits 8, 9, and 0, while low prices cluster around 1, 2, and 0. Open prices generally show less clustering, suggesting they are less influenced by immediate market psychology. This pattern suggests that traders should pay particular attention to high and low prices during trading sessions, as these are more likely to show clustering around key levels.
High Price: This is the highest price that Bitcoin reaches during a specific time period (for example, during a day or an hour). The study found that high prices cluster more around certain numbers, especially numbers ending in 0 or 9. So, high prices often end in numbers like $10, $100, $1,000, or $9,999 because traders tend to react to these round numbers.
Low Price: This is the lowest price Bitcoin hits during a certain time period. Similar to high prices, low prices also cluster, but more around numbers ending in 0 and 1. So, low prices might end in numbers like $10, $1,001, or $5,001.
Why is there a difference?
High prices tend to cluster at numbers ending in 0 or 9 because those feel like natural stopping points for traders.
Low prices tend to cluster at numbers ending in 0 or 1 for similar reasons.
⚪ Price Level Influence: The study highlights that clustering behavior changes with the overall price level of Bitcoin. At lower price levels (e.g., below $10,000), there is more clustering around multiples of 5, such as $25, $50, or $75. As the price increases, the significance of these smaller increments diminishes, and clustering around larger round numbers becomes more dominant.
█ Practical Insights for Retail Traders
Understanding price clustering is crucial for traders because it sheds light on how market participants behave, particularly around psychologically significant price levels. These insights can help traders anticipate where the market might encounter resistance or support, allowing them to make more informed decisions.
⚪ Identify Key Psychological Levels: Retail traders can benefit from identifying and monitoring round number levels in Bitcoin prices, such as $10,000, $30,000, or $50,000. These levels are likely to act as psychological barriers, leading to increased trading activity. Understanding these levels can help traders anticipate potential support or resistance areas where price reversals may occur.
⚪ Adjust Trading Strategies Based on Time Frame: The study suggests that the effectiveness of using price clustering in trading strategies depends on the time frame. For short-term traders, clustering may be less reliable, but for those operating on longer time frames, clustering around round numbers could provide actionable signals for entry or exit points.
⚪ Focus on High and Low Prices: Retail traders should pay particular attention to clustering in high and low prices during a trading session. These prices are more likely to exhibit clustering, indicating areas where traders might place stop-loss orders or where price reversals could occur. By aligning their trades with these clusters, traders could improve their risk management. If you’re setting stop-loss orders, for instance, placing them just beyond a cluster point could help you avoid being stopped out prematurely by normal market noise. Similarly, identifying clusters at high prices could offer better opportunities for taking profits.
⚪ Consider the Overall Price Level: The level at which Bitcoin is trading also affects clustering. For example, when Bitcoin is at a lower price, traders might find opportunities by focusing on price levels ending in 5 or 0. However, as Bitcoin’s price increases, clustering becomes more concentrated around larger round numbers. Adjusting trading strategies to consider the current price level can enhance decision-making.
Price Clustering at Low Levels (<$10 USD):
There is significant clustering at prices ending in 0, but also notable clustering at prices ending in 5, which acts as a psychological barrier at these lower levels. Prices ending with 50 are also frequently observed as significant psychological barriers. Clustering is weaker overall at these levels compared to higher price ranges, but still noticeable at certain intervals.
Price Clustering at Mid-Levels ($100–$1,000 USD):
Clustering becomes more focused on round numbers like 00, 50, and 25. As prices increase, clustering around smaller numbers like 5 or 10 reduces. Larger psychological barriers, such as 100 and 500, emerge as significant points of clustering.
Price Clustering at Higher Levels (≥ $10,000 USD):
At these price levels, clustering becomes even more prominent around major round numbers like 10,000, 20,000, etc. The last two digits 00 become much more frequent, and there is almost no clustering at digits like 5 or 1. Clustering becomes very strong at larger round figures, with a strong psychological barrier hypothesis at play.
Summary of Clustering at Different Levels:
Low Prices (<$10): Clustering at 5, 10, 50, and 100.
Mid Prices ($100–$1,000): Strong clustering at 00, 50, and 25.
High Prices (≥$10,000): Dominant clustering around 00 and multiples of 1,000 (e.g., 10,000, 20,000).
█ Conclusion
Price clustering is more than just an academic concept; it’s a practical tool that can significantly enhance your trading strategy. By understanding how prices tend to cluster around psychological levels, adapting your approach based on time frames, and recognizing the impact of Bitcoin’s price level, you can make more informed trading decisions. By integrating these insights into your trading plan, you’re not only aligning your strategy with the behavior of the broader market but also positioning yourself to capitalize on key price movements. Whether you’re a seasoned trader or just starting out, the knowledge of price clustering can help you navigate the volatile Bitcoin market with greater confidence and precision.
█ Reference
Xin, L., Shenghong, L., & Chong, X. (2020). Price clustering in Bitcoin market—An extension. Finance Research Letters, 32, 101072.
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Disclaimer
This is an educational study for entertainment purposes only.
The information in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell securities. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Bitcoin BTCUSD Bullish Side Money heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist Bitcoin BTCUSD market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
BITCOIN - Bearish bias - Bitcoin is currently trading at $63,600. The trend on the daily chart appears Bearish, indicating a downward movement. Sellers are gaining strength, and the chart is forming higher lows and lower highs, suggesting continued downward pressure. My initial target for selling in this scenario is $59,000.
I Tried To Tell Y'all 58K Was In Play- What's Next For Bitcoin?Not to say I told you so, but, yeah, I did tell you all a while back when we broke previous all time highs that the 58K range for Bitcoin was still in play, and guess what happened? We hit it... Well, I didn't post that one on TV, so I may not have told you guys, lol, but it's on my other outlets.
Okay so now that is all out of the way, let's talk about what could possibly happen next. I do not think that just because we hit this level that we will have some kind of V-shaped recovery. Highly doubtful. As a matter of fact, I still believe that we will be heading even further south to the 50K-52K range as I stated in another previous technical analysis post.
Why do I think this? Well, that is where the largest amount of support is sitting. This pump went too high, too fast and is having to correct back down and retest the previous major zone of volume. I mean, it doesn't have to, but it's normal market movements.
Too many in the Bitcoin and crypto space are too short term focused. I know I have been at times, but that is why I am flashing the Daily chart at you is because on the bigger picture, we still have some retracing to do to build a solid market structure before we really go for moon shots. Not only that, the news of government FUD has really shaken up the Bitcoin ETF TradFi crowd and they have been dumping right and left. So downside is not finished by any means and I feel that 50K-52K is still in the cards.
Until next time my trading buddies, trade logically!
The profitability of TA trading rules in the Bitcoin market█ The profitability of technical trading rules in the Bitcoin market
The Bitcoin market, known for its wild fluctuations, poses a unique challenge for traders: Is it possible to consistently profit using technical trading rules?
Recent research analyzing Bitcoin's price data from July 2010 to January 2019 has shed light on this question, focusing on the effectiveness of seven trend-following indicators.
The research was conducted by Gerritsen et al. Notably, the trading range breakout rule emerged as a promising strategy, often outperforming the traditional buy-and-hold approach.
█ Some Background into the Bitcoin Market
Bitcoin's price path suggests market inefficiency, likely due to its short history and the erratic behaviors of market participants. Previous studies on Bitcoin's efficiency mainly focused on its predictability from a random walk perspective, leaving the performance of technical trading rules on Bitcoin prices largely unexplored.
The core aim of this study is to examine the profitability of technical trading rules, specifically to determine if these rules can surpass a basic buy-and-hold strategy.
By applying seven well-documented trading rules and analyzing their performance through the Sharpe ratio, the study seeks to provide practical insights for Bitcoin traders.
█ Methodology
The study uses daily price data from July 17, 2010, to December 31, 2018, totaling 3,084 daily observations. Gerritsen and team removed a brief period in 2011 due to a Mt. Gox hack and integrated data from Coinmarketcap starting April 28, 2013. The research also considers the risk-free rate, using 3-month US Treasury bill returns for its analysis.
█ Trading Rules Analyzed
1. Moving Averages (MA): This strategy issues buy signals when the recent price or its short-term average exceeds a longer-term average and sell signals in the opposite scenario. It tested combinations like 1-day vs. 50-day, 2-day vs 150-day, and 5-day vs 200-day averages.
2. Trading Range Breakout (TRB): It looks for price breakouts beyond the highest and lowest prices of a predefined period (50, 150, 200 days), signaling buys for breakouts above the high and sells below the low.
3. Moving Average Convergence Divergence (MACD): The MACD rule uses two exponential moving averages (EMAs), and triggers buy signals when the MACD line (the difference between a 12-day and a 26-day EMA) is above zero, and sell signals when it is below zero. It also examines the MACD signal line and MACD histogram as additional signals.
4. Rate of Change (ROC): This rule compares the current price with the price n days ago (commonly 10 days) to determine market momentum and issue buy/sell signals. The rule suggests buying when the ROC is positive, indicating upward momentum, and selling when it is negative, indicating downward momentum.
5. On-Balance-Volume (OBV): This volume-based indicator predicts price movements based on volume flow, asserting that volume changes precede price changes. The study applied MA rules to the OBV to generate signals, buying when the short-term MA of OBV crosses the long-term MA from below, and selling when it crosses from above.
6. Relative Strength Index (RSI): A momentum oscillator that identifies overbought or oversold conditions, suggesting buy signals when below 30 and sell signals above 70.
7. Bollinger Bands (BB): This strategy uses a moving average with upper and lower bands based on standard deviations from the MA, issuing buy signals when the price touches the lower band and sell signals at the upper band.
█ Strategies and Evaluation
The study applied each trading rule in three distinct strategies:
Literal Interpretation: Buying or selling Bitcoin directly based on the signal, including short positions.
Long Positions Only: Considering only buy signals due to the practical challenges of shorting Bitcoin on many exchanges.
Default Long Position with Adjustment on Signals: Maintaining a default long position, doubling investment on buy signals, and moving to risk-free assets on sell signals.
The performance of these strategies was evaluated using the Sharpe ratio, comparing the excess returns of the trading strategies over the risk-free rate to their volatility. A higher Sharpe ratio indicates a more efficient risk-adjusted return. The study used bootstrapping to assess the statistical significance of the Sharpe ratio differences between each trading rule strategy and a benchmark buy-and-hold strategy.
█ Key Findings
The study finds mixed results across different technical trading strategies when applied to Bitcoin.
Notably, the trading range breakout (TRB) rule consistently offers higher Sharpe ratios than a buy-and-hold strategy, signifying its superior performance.
On average, TRB strategies yield a Sharpe ratio of around 0.08, marking them as statistically significant against the buy-and-hold benchmark. This rule's success is further highlighted in specific periods, such as 2011–2012, 2013–2014, and 2017–2018, where its Sharpe ratios were notably higher than those of the buy-and-hold approach. The significant outperformance in these periods underscores the TRB rule's adaptability to market dynamics.
While most other technical trading rules did not consistently outperform the buy-and-hold strategy, certain strategies like MACD showed significant outperformance in specific applications (Strategy 2), illustrating the nuanced effectiveness of technical trading rules in the Bitcoin market.
Counter-trend indicators, such as the Relative Strength Index and Bollinger Bands, generally underperformed compared to the buy-and-hold benchmark, sometimes yielding negative Sharpe ratios.
█ Sensitivity to Market Conditions
The effectiveness of the TRB strategy, in particular, seems to be highly dependent on the prevailing market conditions. During periods of strong trends (either bull or bear markets), the TRB rule demonstrated notable outperformance.
However, during more stable periods, like 2015–2016, the TRB rule and most other trading rules did not show a significant advantage over the buy-and-hold strategy, aligning with the adaptive market hypothesis suggesting that the performance of trading strategies is contingent upon environmental factors.
█ Limitations and Future Research
One notable limitation is the focus solely on Bitcoin, leaving the question of whether these findings can be generalized to other cryptocurrencies.
Additionally, the analysis does not account for transaction costs, potentially affecting the trading strategies' profitability. Future research is encouraged to extend the investigation to other leading cryptocurrencies and to consider the impact of transaction costs on the profitability of the trading range breakout rule and other technical trading strategies.
█ Reference
Gerritsen, D.F., et al. (xxxx). The profitability of technical trading rules in the Bitcoin market. Finance Research Letters, xxx(x), xxx-xxx.
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Disclaimer
This is an educational study for entertainment purposes only.
The information in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell securities. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Bitcoin post-Halving: Possible ScenariosFor those of you who don't know me, I have two obsessions in life: AI and cryptocurrencies. Not necessarily in this order.
With the BTC Halving, I decided to explore the possible future scenarios—and to analyze the behavior of BTC during the past halvings. Here are some observations—of course, I can be wrong:
𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐏𝐫𝐢𝐜𝐞 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭𝐬:
Post-halving, the price trajectory has shown notable patterns:
• After the first halving in 2012, BTC price skyrocketed by approximately 9,900%, peaking about a year later.
• The second halving in 2016 led to a price increase of about 2,946%, taking 17 months to reach its peak.
• Following the third halving in 2020, the increase was more subdued at around 679%, with the peak occurring 17 months later.
𝐄𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:
The form of the price line across these halvings demonstrates a market that is evolving and becoming more resilient.
Each post-halving period shows a gradual slowing down of volatility and price spikes, suggesting an increasing influence of institutional investors who tend to have longer investment horizons and more strategic approaches.
This trend indicates a shift from speculative retail behavior to a more stabilized and mature market.
𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧𝐬:
In the short run, there should be a correction. This might lead the price of BTC below $60,000. However, it seems that the cycle wasn't complete, and the sideways movement right before the halving was just a short "test" that resulted in a short accumulation phase.
Since the cycle wasn't completed, BTC should at least reach $128,000 in the coming months; however, be aware that the real downfall might still be yet to come!
BTC short term possible movementsBTC / USDT
BTC is still following my projection since my last idea :
What next ?
In LTF BTC is forming a range with 2 main levels 69k and 58k and potential falling wedge
According to liquidity pool in this area …High chance we will see one of this movements soon
This week is critical for altcoins market
Scenario 1 VS scenario 2 or do u have another opinion..share with us
BITCOIN mid week Update - 24/01/24Hello everyone,
Im back with just quick update to Monday pre-Market idea
__________________________________________________
So, as expected we went lower really close to our Sellside t1.
Price didnt touch our t1 box, but if you trade with Trailing Take Profit, you should be taking some profit-% off the table at this point.
Today and Tommorow, there should be volatility coming so I would be very carefull about Opening NEW trades.
Remember, ITS NOT SHAME TO NOT BE IN TRADE!
Its always better to wait for setup which is favourable FOR YOU!
At this MOMENT, Im observing price on lower time frames to decide if there is highier possibility of REVERSING on Daily time frame... So we possible could run up to 42-44k$ IF news later today favour that move... OR we can not work above smaller time frame Buyside liquidity targets, and we keep going LOWER as we was expecting...
In my opinion, RIGHT NOW, is very hard to make CALL if we go lower/highier TODAY, since we already went LOW enought on weekly basis without any liquidity drivers, so there is good chance for swept on other side. Thats why I suggest to be VERY CAREFULL and if you decide participate before news, you should use tight STOP LOSS for your own good.
I'll make next update when I will be more certain about which way we keep moving further.
Hopefully, this helps some of you with your perception of market.
If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks
Joe
#Bitcoin - thoughts out loud #12Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Work plan.
Because it is necessary.
There may be a slight deviation.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)
BTCUSDT ShortBitcoin has been forming a rising flag for the past few days, reaching its new year high at 38800.
I am anticipating that the price will rebound from this HH, and the formation of the rising flag might be a strong indication of a bearish pullback.
My entry point for this trade is 38200, SL at 38600 and TP at 37600 as the R:R is 1:2.
Remember, only risk 1-2% of your account.
Bitcoin Might Retest The Highs One More Time.Bitcoin hit our target from our last video on a short squeez then came back down to retest the resistance of our descending broadening wedge as a support.With this successful retest we could see another retest at the highs
Thanks for watching
BTC consolidation ends today according to the patternsBitcoin showing multiple sell signals shows its consolidation wants to end and maybe go to touch the lows.