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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
BITSTAMP:BTCUSDLong
by Elysian_Mind
The Road to $66 for STXUSDT (Stacks)$STXUSD has now beautifully broken out of the triangle after an impressive textbook correction at the 0.618 Fibonacci retracement. This type of correction is a typical feature of wave 2 in an Elliot wave count, which indicates that $STXUSDT is now ready to embark on its third impulsive wave, often referred to as the most explosive one. Considering the increasing volume, an explosive surge in the number of transactions on the network, and the oscillators, we can expect a swift development in the price towards the following resistance levels: — 0.57 — 1.06 — 2.85 — 5.96 — 8.16 — 13.17. #stxusdt #stxusd #BNS #DeFi #BitcoinNFTs #Stacks
Long
by joerivdpol
20
Bitcoin's Big Moves: What’s Happening Now and What Could Be NextBitcoin has been making big waves recently, and many are wondering: where is it headed next? I'll try to break it down step by step (NFA of course), combining technical insights and real-world factors to create a clearer picture. 1. Looking at the chart, Bitcoin’s price has been on a strong upward journey over the past few months. It’s already seen two major six-month periods of growth in recent years, each followed by a pause or a pullback. 2. Right now, Bitcoin is testing a key level near $99,500, a price many traders are watching closely. What Could Happen Next? Bitcoin is still in a strong position for long-term growth. While we might see a dip in the short term, it could be a great opportunity for a swing trade to $140,000, especially with more institutions and everyday investors entering the space. At that levels, we would be expecting a dip, if compared to the behavior of gold in past years. Gold, often seen as a safe haven during uncertain times, has shown similar U-shaped patterns where prices drop slightly before soaring higher. For now, patience is key. Stay tuned to global developments that could influence the next big move Why Is Bitcoin Movement as such? 1. Institutional Interest: Big financial players are diving into Bitcoin. Recent news about Bitcoin-focused exchange-traded funds (ETFs) has drawn massive investments. These ETFs make it easier for everyday investors to put money into Bitcoin without having to buy and store the actual cryptocurrency. 2. Global Trends and Inflation: Around the world, economic uncertainty is pushing people to look for alternative investments. Bitcoin is often called "digital gold" because, like gold, it’s limited in supply and isn’t tied to any government currency. This makes it attractive during times of inflation or when traditional markets are shaky. 3. Rising Popularity of the Network: Behind the scenes, Bitcoin’s network is stronger than ever. The technology powering it, known as the "hash rate," is at record levels, showing that the system is both secure and thriving.
Long
by lesnermj
100,000$ per coin - BTC heading to 4th HalvingBITSTAMP:BTCUSD BINANCE:BTCUSD CME:BTC1! COINBASE:BTCUSD What’s Bitcoin? Bitcoin is a decentralized digital currency that operates on a network of computers, eliminating the need for intermediaries or central authorities. It was introduced in 2009 by an anonymous individual or group known as Satoshi Nakamoto, who outlined the concept in a white paper describing a peer-to-peer electronic cash system. Since then, Bitcoin has emerged as the leading and most valuable cryptocurrency globally, with a market capitalization exceeding $580 billion as of October 2023. A notable characteristic of Bitcoin is its limited supply of 21 million coins, a threshold estimated to be reached around the year 2140. The creation of new bitcoins is regulated through a process called mining, which involves solving complex mathematical problems using specialized hardware and software. Miners compete to discover valid solutions that meet a specific difficulty level, adjusted approximately every two weeks to maintain an average block time of 10 minutes. The miner who successfully finds a valid solution for each block is rewarded with freshly minted bitcoins and transaction fees. As of October 2023, the Bitcoin network has witnessed the mining of 813,378 blocks, with a current reward of 6.25 bitcoins per block. Key Insights on Bitcoin's Price: Recently, the mining of the 19.5 millionth bitcoin increased the circulating supply to 93% of the total. Additionally, a logarithmic regression analysis known as the rainbow chart illustrates the historical path of Bitcoin's price movement. This cyclic behaviour can be attributed to several factors: Bitcoin tends to exhibit an overall bullish trend due to its limited supply and the halving of coins entering circulation approximately every four years. Historically, the Bitcoin halving has been a significant catalyst for price movements as it influences the supply-demand balance. The halving reduces the rate of new bitcoins being introduced into circulation while demand typically remains steady or grows over time. This creates a supply shock that often drives the price upward, particularly before and after the halving event. Each halving period encompasses the mining of 210,000 blocks and exhibits distinct phases. The bullish phase spans from the first block to the 70,000th block, followed by a bearish phase from the 70,001st block to the 140,000th block, and finally a sideways phase from the 140,001st block to the 210,000th block. As previously mentioned, the halving diminishes the inflation rate of bitcoin and preserves its scarcity. Bitcoin holds great influence over the entire cryptocurrency market due to its dominant market capitalization. This dominance follows a cyclical pattern, with the market share falling below 40% during bearish phases (after mining more than 140,000 blocks) and rising to around 70% during bullish phases. During each era (between two halving periods), Bitcoin experiences an average drawdown of 80%. Current Analysis: We are currently in the third halving era, which commenced on May 11th, 2020, specifically within the equilibrium phase. The intersection of the mining of the 210,000th block and the lows of the logarithmic regression suggests a value of $30,000 USD per bitcoin. The next Bitcoin halving is expected to take place in April 2024, at block number 840,000. This event will reduce the block reward from 6.25 bitcoins to 3.125 bitcoins, consequently lowering the annual inflation rate from approximately 1.8% to 0.9%. As a halving typically ushers in a bullish phase, it is predicted that the price of bitcoin will surpass $100,000.00 during this era. Technical Analysis Using the MVRV Indicator: One of the tools that can help investors and traders assess the value and potential of bitcoin is the MVRV ratio, which stands for market value to realized value. The MVRV ratio compares the current market capitalization of bitcoin (the total value of all coins at their current price) with its realized capitalization (the total value of all coins at their last moved price). The MVRV ratio can indicate whether bitcoin is overvalued or undervalued relative to its historical average cost basis. The MVRV ratio can also be used to identify periods of extreme market sentiment, such as euphoria or panic. When the MVRV ratio is very high (above 4), it means that bitcoin is trading far above its realized value, implying that most holders are sitting on large unrealized profits and may be tempted to sell. This can signal a market top or a bubble territory. When the MVRV ratio is very low (below 1), it means that bitcoin is trading far below its realized value, implying that most holders are sitting on large unrealized losses and may be reluctant to sell. This can signal a market bottom or a buying opportunity. As of October 2023, the MVRV ratio of bitcoin is about 2.110, which is slightly above its long-term average of 2. This suggests that bitcoin is fairly valued and not in a danger zone. The MVRV ratio has been trending up since November 9th 2022, when it reached a low of 0.75, indicating a recovery in the market sentiment and the lowest price of the 3rd Halving era. As we are far from the overbought level of 4, this suggests that there is still room for further growth in the price of bitcoin. (These illustrations are just for educational purposes and are not financial advices). Sources: 1. trustwallet.com 2. ieeexplore.ieee.org 3. nber.org 4. buybitcoinworldwide.com 5. bitinfocharts.com 6. nerdwallet.com 7. investopedia.com 8. buybitcoinworldwide.com 9. kitco.com 10. coinwarz.com 11. datawallet.com 12. blockchain.com 13. lookintobitcoin.com 14. bing.com 15. bitcoinmagazine.com 16. stopsaving.com 17. decentrader.com 18. trustwallet.com 19. bitinfocharts.com 20. nber.org 21. buybitcoinworldwide.com 22. cryptonews.com 23. finbold.com 24. inferse.com 25. buybitcoinworldwide.com 26. blockchain.com
BITSTAMP:BTCUSDLong
by Theperfectionist
3
#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.
Long
by Setupsfx_
14
Bitcoin ( btc )Btc usdt Daily analysis Time frame 4 hours Target 109.000 $ area Notice , 100.000 $ area is very very important price Maybe btc move up to 98 -99 and can't break the 100.000 $ and come down and rest and reserve energy with rectangle oe flag pattern or etc On the other hand btc will break the 100.000$ line strongly and fly to my target 112.000 $ area We must be patient and watch carefully on chart and listen to good or bad news about crypto to have a good profit
Long
by Habib-Tafazoli
4
Bitcoin: Step-by-Step Action Plan for 2025 Bitcoin has just reached its 60-day cycle low, coinciding with the conclusion of the U.S. election—a critical moment in both markets. If this cycle follows a "right-translated" pattern, we could see BTC maintaining bullish momentum for the next four weeks. In trading, two types of participants tend to profit: those who spot and act on trends using indicators, market structures, or other strategies, and those who rely on luck by buying at the right time. While luck might bring gains in a market with Bitcoin’s history of strong growth, relying on it is often short-lived. Without the skill to analyze the market, "lucky" traders often lose out in the long run, especially when conditions turn. For sustainable success, understanding the 60-day cycle and recognizing right-translation as a bullish sign can make all the difference. Watch for potential upward movement in Bitcoin over the coming weeks, but remember to keep an eye on key indicators and manage risk carefully! What Are the Cycles Telling Us About Bitcoin and Altcoins Right Now? Bitcoin Confirmed 60-Day Cycle Low: Bullish Setup for the Next 40 Days Bitcoin's price is showing signs of upward momentum. Our 3-day indicator, which we aimed to see below 20, has started turning upward, suggesting a bullish short-term pattern. Currently, the daily indicator sits around 46—potentially a good entry signal. Over the next 3-4 days, we could see a strong price push, potentially followed by a brief consolidation. The ideal buying opportunity came at the last cycle bottom of $56,000, with the next best entry at the recent low around $70,000. Now, with Bitcoin confirming its 60-day cycle low at $68,000 and beginning its ascent, a right-translated cycle could mean a climb over the next 40 days, providing ample time for gains. While the 1-week indicator (red line) is above 80, it’s holding steady, indicating a continued bullish phase. Although this weekly indicator may dip to 20 within the next month or two, bringing another buying opportunity, strong uptrends can mean that waiting could result in missed profits. Stay alert for potential pullbacks, but the momentum is favoring the bulls! Don't sleep on open profits - always take profits on the cycle tops!
BITSTAMP:BTCUSDLong
by TheStrategyMaster
Bitcoin’s Fate on U.S. Election Day: Predicting Market MovementsAs the world closely watches today’s U.S. presidential election, the crypto market is gearing up for a reaction that could be pivotal for Bitcoin’s future. Historically, U.S. elections have had a positive impact on cryptocurrencies, and many traders are optimistic about Bitcoin's outlook. With two contrasting candidates—one a proponent of crypto and the other leaning towards regulation—the stakes are high for Bitcoin holders and investors alike. A Trump Win: The Fuel for a Parabolic Bull Run If Donald Trump, a vocal supporter of cryptocurrency, secures the win, the market is likely to respond with a powerful surge. Trump’s favorable stance on digital assets could inspire confidence among crypto investors, sparking a parabolic bull run that may push Bitcoin past its previous all-time high. Many traders are poised to buy into Bitcoin if Trump’s victory is confirmed, anticipating a rush of institutional and retail investment that could propel prices to unprecedented levels. A Kamala Win: The Calm Before the Comeback In contrast, a win for Kamala Harris could trigger an initial wave of panic selling. Harris has shown a more cautious approach toward cryptocurrency, which may incite fear among investors and lead to a sharp pullback. However, it's important to note that strong support zones around $60,000, as indicated in the chart, are expected to buffer any drastic price drops. Despite the potential sell-off, these levels have historically provided resilience and could stabilize Bitcoin, leading to a period of consolidation. Once the initial shock settles and investors digest the news, the market may start to regain strength. Confidence in Bitcoin’s fundamentals could draw investors back, fueling a renewed push towards the all-time high. While a Kamala win might delay the anticipated bull run, the scenario of Bitcoin falling below critical levels like $50,000 or $40,000 remains highly unlikely. Caution: Trading Amidst Volatility For those trading with leverage, today and the coming days present heightened risks. Apart from the election, Thursday’s FOMC meeting will bring the Fed’s Interest Rate Decision, a significant event that could add volatility to an already charged market. It’s essential to tread carefully, as both events could create sudden price swings and impact liquidity. In conclusion, regardless of who wins, Bitcoin’s long-term outlook appears resilient. A Trump win may bring immediate bullish momentum, while a Kamala win might usher in short-term turbulence but is unlikely to derail Bitcoin’s upward trajectory entirely. Traders and investors should brace for a dynamic week, as Bitcoin prepares to navigate these significant events. Trade safe everyone, Cheers!
by MadeByAK
8
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..... 🫂
COINBASE:BTCUSDLong
by Thief_Trader
1
ALERT: Bitcoin just hit >$70,000!🧵 With $100,000 in sight, you might wonder if we're truly ready for this next big move. Let’s dive into the cycles to find out 👇 1/ 🔍 Cycle Analysis can help pinpoint ideal entry points for Bitcoin—and eventually, altcoins. Here’s what we’re seeing right now (see the chart above): 2/ 📊 Today’s Reading (Oct 30): All three indicators (1-day, 3-day, 1-week) are above 80, meaning we’re officially in *overbought* territory. This usually signals a potential pullback. Translation? It’s a time to *sell*, not buy 🛑. 3/ 😱 So, why’s everyone so hyped on BTC right now? It’s simple: after half a year of sideways action, people are ready to see a breakout. BTC has been stuck between $60k and $70k for seven months. Altcoins have taken a beating during this time too, making it tough to profit 🩸. 4/ 😅 After this long wait, everyone’s desperate for upward movement. Many folks bought at the last high back in March and are now shouting “BUY!” in the hopes others will push prices higher. 5/ The Bottom Line 📉 - We’re in overbought territory, which typically signals caution. - The hype is real, but a retracement could offer better entry points soon. Let’s see how this plays out! 👀
BITSTAMP:BTCUSDLong
by TheStrategyMaster
2
Bitcoin Weekly to Four Analysis: Everything To Know Good morning Trading family So I created this video to figure out where we are currently at in Bitcoin in price but as well what levels can Bitcoin reach currently and what happens if Bitcoin reverses with the Bears I try to go into full depth to give you some levels to look for to help you mark out good entry or short positions if you are shorting Bitcoin If you like this video or found it helpful : like, comment, follow, boost I appreciate it all Mindbloome Trading / Kris Trade What You See
MARKETSCOM:BITCOINLong
by Mindbloome-Trading
#Bitcoin 1D chart updated#Bitcoin 1D chart; Bitcoin is likely to touch the upper red trend line in the short term. Let me explain why I think so, based purely on technique, far from the < emotional thinking > that I always underline, so that it is not in the air; < ChoCh > is also known as a trend direction change. The fact that it broke the uptrend with a hard momentum candle and then unwound to the IMB area in this region, where it can hold for now, reveals this possibility. However The levels indicated by the orange circles are critical. The orange circle on the left is the highest peak of the previous month. Naturally, it is the first important hurdle to cross for now. This is the 70k level . If a close above it comes, then we can talk about bullishness. For now, we can state that no chart based on rockets and flames has any basis in reality, as we have no data to suggest that it can break here hard. What happened at the previous highs? Not only were the highs not broken, but the downtrend line (red) also worked as resistance. There is no reason why the same scenario cannot work again (for now). Of course, it should not fall below the IMB level first. If this happens, the previous monthly low below will be tested.
by ugurtash
Another perspective on Bitcoin?#Bitcoin 1D chart; Many of you may not like reading. But I think it's worth reading if, like me, you are always looking for different perspectives on Bitcoin. A completely simple Bitcoin chart. The yellow vertical lines are from the Halving periods. The Blue vertical lines next to them indicate the 500 days before the Halving and the Green vertical lines indicate the 500 days after the Halving. Let's try to interpret all this; What was Halving meaning? It shows the halving events that occur on the Bitcoin network. Halving is a process that occurs approximately every 4 years, where block rewards are halved. This event slows down Bitcoin's supply growth and often has significant effects on the price. After the 2020 Halving period, we see the start of the bull run. But before that, from 500 days ago to the Halving period, there was only a 5% drop . In total, it showed an upward performance of 291% . In the 500 days after the Halving, we see that it reached its historical peak at that time with a total increase of 660% . Let me share this information for those who are curious; The level exactly 500 days after the 2020 Halving corresponds to a rise of 426% . Let's look at today's values; From its level 500 days before the 2024 Halving period, we see that Bitcoin has only experienced a 5% drop, just like the previous one. Are you thinking what I'm thinking? It makes sense to start buying Bitcoin exactly 500 days before the Halving date, right? I don't see why not. So when is the next Halving? What is the date 500 days before? Well, nobody knows that yet. Because it depends on the speed at which Bitcoin blocks are created, but it usually happens every 210,000 blocks . Assuming it's sometime in May-June 2028, that would put it between December 2026 and January 2027. When that date approaches, we will bring up this graph again and revise our predictions. Don't forget to save this post for that. Now... Although it is difficult to comment on how much Bitcoin testing the ATH level and making a new peak before the Halving due to ETF news will change this statistic, I think it would not be wrong to say that the endless declines since the peak are related to this. While Bitcoin has not yet seen a new peak after the 2024 Halving, it has only risen by 10%. What is the 500th day after the 2024 Halving? September 1, 2025 As seen last time, on the eve of the 500th day after the Halving, Bitcoin saw a new high and fell sharply from there. It then continued to rise and made another new high. So day 500 is just before the second new high, as you can see on the chart. So if something like this happens in the next cycle, is your psychology ready for it? Can you wait that long? Or would you wait? Let's meet in the comments... By the way, if you like my article, I would appreciate if you can like and share it to support me.
by ugurtash
Will #Bitcoin continue to rise? Or is this a deception?#Bitcoin 1D chart; Let's first interpret the Bitcoin chart and then evaluate the scenarios related to the agenda for the week; In the simplest form. As of June, it had broken the uptrend it had been maintaining since January and started to decline. While moving towards the Ath level again, the point I want to draw your attention to here is the part I indicated with the yellow line; If the RSI side remains weak while testing the Ath level, we infer that there is a fake rise from here. The fact that it has retested the downtrend at this very moment may bring us the question of , so this is in the pocket. Let's talk about the Fed Rate Decision Meeting this week; As we know, in previous pre-meeting events, the market has shown a retreat without a bounce. This time this is not happening, why? My personal opinion is that the market now knows that the rate hike situation is at a very low rate, so it does not price it with pullbacks. Therefore, it may be possible to infer from this that the atmosphere in the market is upward. Nevertheless, let's not rule out the possibilities I just mentioned above. Also, as you may remember, the gaps formed on 2 different dates on the CME side are still not filled. Have a good week for all of you #btc CRYPTOCAP:BTC
by ugurtash