BTC IS GOING TO ALL TIME HIGH LADIES AND GENTLEMEN ! BTC ended up in a complex WXY correction. Initially what may have seemed like a FLAT ended up being WXY. No matter how much the MM plays with the market and no matter what news hits the screen, algos always run their course guys.
We are in the early formation of wave 3, which will make history. True we may retrace a bit more to tap the lower levels but this will sling shot BTC to the ATH ! Remember the deeper the retracement of wave 2, the higher will be wave 3, a slingshot - - get it ;). Mega hidden bullish divergence on the weekly also playing out well.
Invalidation of this idea is at the low of Wave Y. WorD of advice guys, avoid over leverage and practice risk management fells. DCA is the name of the game. When Bitcoin hits ATH, all ALTS will pop like fireworks hence DCA and Spot Buy is the name of the game, especially for all the young bucks and inspiring traders out there.
Disclaimer: Not financial advice.
Bitcoinprediction
Remember! Remember! The 5th of November!Thursday... the 5th of November 2020... CRYPTOCAP:BTC pumped nearly 7% in one day.
We were 30ish days into the parabolic phase of the 3rd bull cycle for #Bitcoin.
It was trading at $14,911.
The holders had no idea that CRYPTOCAP:BTC would continue to climb an additional 335% over another 5 months, reaching a local ATH of $64,895 on April 14th 2021.
Here we are on September 6th, 2024. CRYPTOCAP:BTC dropped to $52,546 or (-3.8%) for the day.
Septembers are a sore subject when it comes to financial markets and Bitcoin in particular.
Across the Post-Halving years, CRYPTOCAP:BTC will drop -2% historically.
Considering CRYPTOCAP:BTC has tested local lows across the 5th and 6th of the last 3 months;
July 5-6th low: $53,499
August 5-6th low: $49,050
September 5-6th low: $52,546 (so far)
It is almost like someone is trolling the Holders...
The focus of this chart is to consider the above and the following.
Have we found our local bottom this early in September? ($52,546)
How will Bitcoin react to the upcoming 25 bps Fed Rate cut? ($50,000 vs $60,000)
Will our price position entering the parabolic phase affect the overall gains over the next 6 months? (90% vs 480%)
Where will our new ATH fall next April/May? ($100,000 vs $305,000)
Let me know how bearish or bullish you think the future of Bitcoin is.
$IBIT Gap Filled As Forecast (New Leading Bitcoin Indicator?)Proof that this works?
So far it's 100% accurate.
Every single 'Gap' on the NASDAQ:IBIT 4-Hour chart has filled.
Refer back to my prior videos showing this, and while this does NOT mean it will continue to work forever... It's certainly a curious anomoly.
And likely works based on the same principals as the CME gaps which typically fill 99% of the time (There's still an unfilled gap on the Bitcoin CME at $9750 as I recall). But who's counting.
Going forward, I'll be using this as an additional guide to where price may be heading and potentially reversing to, before resuming trent.
Like and share this with your other trader friends, as this has been very interesting to monitor!
#BTC/USDT Bounce Incoming! Futures Trade Setup!#Bitcoin : 10/10 So far! Bounce seems highly likely at this level.
RSI Bullish divergence in the hourly chart.
But of course, no one knows for certain in this kind of market!
Invalidation:- Daily close below $54018.18!
If you're looking for a swing Trade, $54890 to 56150 is a good range to accumulate long on spot!
Futures Setup Here:- There's a higher chance of this setup getting invalidated if we lose 55500 again so be careful to try to keep your entry as low as possible to keep your Stop Loss small.
Always use leverage below 5x!
Entry:-
$56150, (50% entry)
$55700, (20% Entry)
$54890 (30% Entry)
Targets:-
$57155
$57855
$58200
$59544
Stop Loss:- $53854
This is a risky trade so always do your research this is not financial advice.
Do hit the like button if you want me to post more!
Thank you
PEACE
BITCOIN PARABOLIC PHASE INCOMING ‼️ BITCOIN PARABOLIC PHASE INCOMING ‼️
Confirmed $100k CRYPTOCAP:BTC by 2025.
If TVC:GOLD walks away from this new ATH...
It would confirm there is enough correlation to look further into a 49 month clock in the #GOLD & #Bitcoin Bull-Cycle.
Theory is... #GOLD will start it's parabolic phase of its bull cycle, lasting 6 months and reaching a new ATH. There will be a 2 month "break" between both assets, sideways or slightly down. After the 2 month break, #Bitcoin will start it's parabolic phase of its bull cycle, also lasting 6 months. The two assets will go sideways and do their thing for 35 months before the 14 month parabolic dance starts all over.
Cycle 1⃣:
02/01/2020 | TVC:GOLD | $1,587
08/01/2020 | TVC:GOLD | $2,049
+29% Change
10/01/2020 | CRYPTOCAP:BTC | $10,555
04/01/2021 | CRYPTOCAP:BTC | $58,732
+456% Change
Cycle 2⃣:
03/01/24 | TVC:GOLD | $2,004
09/01/24 | TVC:GOLD | $2,555
+27% Change
11/01/24 | CRYPTOCAP:BTC | TBD
05/01/25 | CRYPTOCAP:BTC | TBD
TBD% Change
The TVC:GOLD trend lines match during the 6 month parabolic phases.
46 degree trend on the daily, both cycles.
-31 degree trend on the daily, 8 months after ATH.
...If History repeats itself...
CRYPTOCAP:BTC should stay sideways or down for the next 55 days. Most likely a fake-out pump coming from the pending Fed Rate cut this month. We should stay below FWB:65K based on the price action around the Jackson Hole speech.
We would only need an 88% increase this phase for CRYPTOCAP:BTC to reach $100k. This is a small ask, considering the previous post-halving cycles. If it follows the same trend line up this cycle we could see $305k next April. As nice as that sounds, it is not very likely we will see a 456% gain this cycle.
My sell Bias for BTC has not changed.My bias for BTC has not changed from last week's forecast.
Looking at the chart I published last week as an update.
Bitcoin has made it down to $56,000. We are waiting to see a Bitcoin at 54K zone.
Some of my community forecasted that this asset would fall to $54,000 this week.
see the chart. #crypto
BTC Monday Range Play and KeylevelsIn this video, I analyze Bitcoin's (BTC) price action with a focus on a short-term Monday range play. I dive into the specific key levels where we could potentially see a reversal. We’ll break down how these levels have been acting as support and resistance throughout the trading week, and discuss the importance of monitoring price behavior at these zones.
Bitcoin Set to Rally as Fed's Rate Cut Fuels Market OptimismOverview: Fed's Potential Rate Cut and Its Implications for Bitcoin
The Federal Reserve's upcoming interest rate decision is creating waves across financial markets, with Bitcoin and other cryptocurrencies in the spotlight. According to analysts from Citi, the Fed is expected to announce a 0.5% rate cut in their September meeting, driven by weaker-than-expected job data and signs of a slowing economy. This dovish turn by the Fed has market watchers speculating about a potential rally in Bitcoin and altcoins, as lower interest rates historically ease market concerns and boost investor sentiment.
Fundamental Analysis: Fed's Shift to a Dovish Stance
Citi analysts highlight a significant shift in the Fed's focus—from battling inflation to supporting the labor market amid signs of economic weakness. The latest job data predicts that 125,000 jobs were added in August, with the unemployment rate expected to tick up to 4.3%. This data suggests a cooling labor market, which may prompt the Fed to cut rates by 50 basis points, marking a sharp pivot from its previous hawkish stance.
This potential rate cut represents a broader easing of monetary policy, aimed at stimulating a slowing economy. Historically, such rate cuts have resulted in increased risk appetite among investors, pushing up asset prices across the board, including cryptocurrencies. As lower borrowing costs flow through the economy, investors are more likely to turn towards higher-risk assets like Bitcoin in search of better returns, especially when traditional safe-haven assets like bonds offer less attractive yields.
Bitcoin’s Key Levels and Potential Rally
On the technical front, Bitcoin's current price action suggests a potential break from its historically bearish September performance. Trading near the flatline at around $58,111, Bitcoin has shown resilience despite broader market volatility. Currently, CRYPTOCAP:BTC is trading above key support levels, with its 50-day moving average acting as a critical line of defense for bullish momentum.
The Relative Strength Index (RSI) for Bitcoin sits near the neutral 50 level, indicating neither overbought nor oversold conditions, which aligns with a potential buildup towards a breakout. If Bitcoin can maintain its current levels and the Fed’s rate cut materializes, CRYPTOCAP:BTC could target resistance zones near $60,000 and eventually push towards $65,000. Key support remains at $55,000, which, if breached, could see Bitcoin ( CRYPTOCAP:BTC ) retesting lower levels around $52,000.
Market Sentiment: Fed's Policy Pivot Could Drive Investor Interest
Sentiment in the broader crypto market appears cautiously optimistic. With the Fed poised to ease monetary policy, investor confidence is gradually returning, as evidenced by the decline in the US 10-year Bond Yield, which fell 1.94% to 3.836%. As traditional markets respond to the Fed’s dovish stance, Bitcoin and altcoins stand to benefit from increased capital flows seeking higher returns in a low-interest-rate environment.
Moreover, recent on-chain data indicates an uptick in accumulation by long-term holders, a positive sign suggesting that investors are positioning themselves ahead of a potential market rally. Despite Bitcoin’s historically subdued performance in September, this time, a combination of technical resilience and favorable macroeconomic conditions could help CRYPTOCAP:BTC defy the odds.
Conclusion
While uncertainties remain, particularly concerning the strength of the broader economy, the anticipated rate cut by the Fed represents a potential catalyst for Bitcoin’s next leg up. The combination of supportive technical indicators and a dovish monetary environment creates a fertile ground for a Bitcoin rally, as investors seek refuge in digital assets amid shifting economic dynamics.
As we move into September, all eyes will be on the Fed's policy announcement and its impact on market sentiment. If the expected rate cuts unfold, Bitcoin could see a renewed wave of buying pressure, potentially driving prices to new highs despite the challenging historical trends of the month.
17 year experienced trader talks about BITCOINMartyBoots here , I have been trading for 17 years and just want to share my thoughts on Bitcoin. This is a very important video and should be watched carefully.
Bitcoin is getting to the end of the consolidation and very close to a move.
Any questions please hit me up
Bitcoin Funds Sees Outflows as Investors Bet on Price DeclineBitcoin ( CRYPTOCAP:BTC ) is facing a challenging period as investors increasingly position themselves for a potential downturn. The recent outflows of $319 million from Bitcoin funds, including those managed by prominent players like Fidelity and ARK Invest, reflect a growing sentiment among market participants who expect the digital asset’s price to decline in September. This shift comes amid broader concerns over economic conditions, Federal Reserve policy, and heightened market volatility.
Market Sentiment and Price Movements
The Bitcoin ( CRYPTOCAP:BTC ) market has experienced notable turbulence, with its price currently trading at $58,466 per coin, down more than 7% over the past week. This decline is part of a broader trend, with the asset now 20% below its all-time high of $73,737 reached earlier this year. Market participants are closely monitoring Bitcoin's exchange reserves, which have hit a multi-year low of 2.39 million BTC, representing a 25% drop from their 2020 peak. This significant decrease suggests a growing shift towards self-custody, which could potentially reduce selling pressure in the long term.
Key Technical Indicators:
- Price Volatility: Bitcoin's price recently dipped to a low of $57,257.71 before bouncing back above $58,000, indicating a recovery amid continued market volatility. However, the market's mixed signals are contributing to uncertainty, with liquidation data revealing $169.2 million in liquidations across the crypto market in just the past 24 hours, with long positions accounting for $125.59 million of that total.
- On-Chain Activity: Analysts are closely watching on-chain whale activity, ETF inflows and outflows, and other key metrics to gauge market sentiment. Notably, there has been an uptick in short Bitcoin investment products, which saw $4.4 million in inflows last week, the highest since March. This highlights a growing number of traders betting against Bitcoin, anticipating further price declines.
Economic Data and Federal Reserve Policy
The fundamental backdrop for Bitcoin ( CRYPTOCAP:BTC ) is being shaped by macroeconomic factors, particularly those related to U.S. economic data and Federal Reserve policy decisions. Stronger-than-expected economic data has led investors to believe that the likelihood of a significant interest rate cut by the Fed has diminished, reducing risk appetite for Bitcoin ( CRYPTOCAP:BTC ) and other cryptocurrencies.
Key Fundamentals:
- Interest Rates and Market Sentiment: With the Federal Reserve expected to cut rates less aggressively than previously anticipated, cryptocurrencies like Bitcoin, which are considered "risk-on" assets, are seeing reduced investor interest. High-interest rates typically make safer, yield-bearing investments more attractive compared to volatile assets like Bitcoin.
- Regulatory Environment: The approval of Bitcoin ETFs in the U.S. was initially seen as a positive catalyst for the market. However, recent outflows from these funds suggest that institutional investors are growing cautious, potentially due to regulatory uncertainties and shifting economic conditions.
BlackRock and the Divergence in Institutional Behavior
While most Bitcoin funds experienced outflows, BlackRock, the world's largest asset manager, saw inflows of over $219 million into its iShares Bitcoin ETF. This divergence indicates a split in institutional sentiment, with some investors still seeing long-term value in Bitcoin despite near-term market headwinds.
What This Means for Investors:
- Hedging Strategies: Investors who remain committed to the crypto space are increasingly looking at hedging strategies, such as short Bitcoin products, to mitigate downside risks. This aligns with broader market sentiment, where caution and risk management are taking precedence.
- Focus on Long-Term Trends: Despite short-term challenges, the decrease in Bitcoin ( CRYPTOCAP:BTC ) held on exchanges and the continued adoption of self-custody solutions suggest underlying confidence in the asset’s long-term value proposition. If demand continues to grow, reduced selling pressure could pave the way for a future bullish trend.
Conclusion
The current market dynamics present a complex landscape for Bitcoin ( CRYPTOCAP:BTC ) investors. As macroeconomic factors weigh on sentiment, traders are adjusting their strategies, focusing on risk management, and exploring derivative products to navigate the volatility. While the short-term outlook appears cautious, the evolving market structure, characterized by declining exchange reserves and divergent institutional behavior, could set the stage for significant opportunities once economic conditions stabilize.
Investors are advised to keep a close eye on key economic data releases, Federal Reserve actions, and on-chain metrics as these factors will play a critical role in shaping Bitcoin’s trajectory in the coming months.
#BTC/USDT Urgent Update!### BTC/USDT Technical Analysis (1D)
**Overview:**
Bitcoin is trading below the 50, 100, and 200 EMAs, within a descending channel, indicating a bearish trend. A break above these EMAs could trigger bullish price action.
**Key Points:**
- **Resistance:** $61,802 (channel top), $60,364.
- **Support:** $54018, 47,710, $43,882.
- **Invalidation Level:** $54,018 (daily close below).
**Scenarios:**
1. **Bullish:** Break above EMAs and channel top could target $68,000.
2. **Bearish:** Failure to break above EMAs and a close below $54,018 may lead to a drop towards $47,710 or lower.
**Conclusion:**
I think the price must break soon in the next few weeks, likely following our scenario with the blue forecast lines. Watch for a breakout above the EMAs for bullish potential; otherwise, expect further downside within the channel.
Do let me know what you think in the comments section and please hit the like button.
Thank you
#PEACE
Building resistance in 58K level, possible SHORT lays aheadHi fellow traders,
Bitcoin DERIBIT:BTCUSD.P is declining a bit and making a nice downwards structure on the 1H frame. What we can see is building resistance on the 58K level.
We can see that the short-term foresight shows a possible resistance in the form of a trend-line rejection. Additionally, a possible rejection from the exponential moving average (50 period) lies in the same area of interest.
That building tension gives us a SHORT possibility whenever rejection is confirmed on a lower timeframe, looking forward to that sweet price-action :)
Happy Trading ^^
APE is about to go APE SHIZZZTHE PUMP IS COMING IMO!!!
I have taken 99% of my funds out of crypto but now I am rotating cash in.
BUY low sell at $10ish???
NOT FINANCIAL ADVICE!!!
If you long it from here and aren't spot buying I would bet 10k they wipe yo ass out. Leverage ain't your friend. I buy spot and chill. Don't think you are going to get rich quick. You'll end up sitting on a
$DJI <> Rate CutsRetail investors often mistakenly believe rate cuts are bullish and will profit, but history suggests otherwise. In the last two decades, we have witnessed three major rate-cutting events that occurred a few months before market peaks, each followed by 40%+ corrections. We have observed similar patterns with retail investors becoming bullish as rate cuts are announced. Markets typically become euphoric for a few months, with retail investors buying at the top, only to experience major drops shortly after.
$RUT <> $BTCDespite popular belief that Bitcoin operates independently, it closely mirrors the Russell 2000 index during risk-on market periods. Both assets show strong correlation, attracting investors seeking higher returns in optimistic economic conditions. This parallel movement reveals Bitcoin's growing alignment with broader market risk sentiment, though it typically exhibits more extreme volatility.
September News:
-Fri, Sep 6th Unemployment Rate & Labor Force Data
-Wed, Sep 11th Consumer Price Index (CPI)
-Wed, Sep 18th FOMC Meeting (Rate Cuts)
BTC Higher Timeframe Outlook 70k Next -> Then 32kIn this video, I break down the market from a top-down perspective, analyzing from higher timeframes down to lower timeframes. I carefully frame key Points of Interest (POIs) to help identify potential trading opportunities.
Additionally, I share a specific short-term trade idea with detailed entry, exit, and risk management strategies. My first target is set at 70k, followed by 32k, and I explain the reasoning behind these levels. Watch to get a clear understanding of the current market structure and actionable insights for your trading journey.
BTC 100k trajectory As stated before, BTC is a rising star and its bull patterns are speaking for itself.
The flag pattern has an approximate success rate of 70%. This shows that in about 60-65% of cases the price moves in the expected direction after the pattern has completed. The bullish flag pattern success rate of 67.13% appears similar to a horizontal parallel channel paired with a strong bullish vertical rise.
Happy trading.
BTC to hit 56k soonIn this video, I dive deep into liquidity zones and explain why they are crucial for our trading strategy.
I'll also review what has happened in the markets since my last video and analyze the key developments.
We’ll explore what to expect next, looking at potential scenarios that could unfold.
Finally, I’ll highlight some potential targets to keep an eye on in the coming days or weeks.
Make sure you don’t miss out on any important insights—subscribe to the channel for more analyses!
Bitcoin Analysis==>>Filling CME Gap==>>Short termBitcoin was accompanied by increases and decreases ( high momentum ) in the past days.
Currently, Bitcoin has reacted well to the Support zone($63,630-$63,200) .
I expect Bitcoin to rise from the Potential Reversal Zone(PRZ) and fill the upper CME Gap($61,445-$60,485) .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.