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Bitcoinprediction

Bitcoin Plummet Back to $97K After Surging Pass $100kThe cryptocurrency market witnessed turbulent activity as Bitcoin ( CRYPTOCAP:BTC ) faced a significant flash crash, exacerbated by Mt. Gox’s recent transfer of 3,620 BTC. Combined with over $1 billion in liquidations and strategic market movements, these events painted a complex picture for the world's largest cryptocurrency. Mt. Gox: The Catalyst of Market Jitters Bankrupt crypto exchange Mt. Gox has once again entered the limelight by transferring 3,620 BTC worth millions to two undisclosed wallets. According to Arkham Intelligence, these transactions—3,493 BTC to wallet address 1MAXy6…Ez3NQ9 and 126.577 BTC to bc1qkf…ffm7sf—sparked speculations of creditor reimbursements. While the transfers might prepare the groundwork for creditors to reclaim their funds, they introduce a looming threat of heightened selling pressure, causing widespread concerns in the crypto space. This move follows a recent transfer of 24,000 BTC by the same exchange, intensifying market apprehension. Technical Outlook: Bitcoin’s price dropped to an intraday low of $87,859 before rebounding to near $98,000, following a broader market crash that wiped out over $1 billion in positions. Key levels to watch include: - Resistance: $100,000 psychological barrier. - Support: $94,800 and $92,500, critical to sustaining bullish momentum. The abrupt dip can be attributed to the liquidation frenzy and external triggers such as Meitu's sale of 940 BTC and 31,000 ETH, which realized $80 million in profits. BTC's Resilience Despite recent volatility, Bitcoin’s fundamentals remain robust: Market Cap: $1.93 trillion, with potential to breach $2 trillion by 2025. Trading Volume: $159.5 billion in the past 24 hours, bolstered by Binance and other major exchanges. Key Developments Supporting Long-Term Growth Bitcoin’s resilience and adoption have been fueled by continuous upgrades enhancing its network security, scalability, and decentralization. Broader Sentiment: Mixed Yet Optimistic Despite recent hurdles, bullish sentiment prevails among investors. Marathon Digital’s $850 million convertible note offering for BTC purchases signifies institutional confidence in Bitcoin's long-term potential. However, the interplay between Mt. Gox’s creditor payouts, liquidation volumes, and evolving market conditions requires vigilant observation. Conclusion Bitcoin's journey remains a rollercoaster, shaped by historical milestones and ongoing market dynamics. While the short-term outlook might be turbulent, its robust fundamentals, coupled with consistent upgrades and institutional interest, fortify Bitcoin's position as a leading digital asset poised for a promising future. As the year closes, market participants should remain cautious, leveraging informed strategies to navigate potential volatility while staying optimistic about Bitcoin's long-term trajectory.
COINBASE:BTCUSDLong
by DEXWireNews
BITCOIN $250K - Get Ready to Get RichHello everyone! Today, I’m excited to dive into my latest analysis of the Bitcoin cycle, showcased through a weekly view chart that breaks away from conventional wisdom. Rather than adhering to the often-disputed parabolic curves that have been a staple in crypto charts since 2017—curves which have consistently either underperformed or overshot the mark—I'm bringing something different. My analysis is based on a trend line that I've meticulously tracked since 2013. This line has proven incredibly resilient, never once being undercut as of now in 2024. This steadfast pattern leads me to an ambitious yet attainable target: Bitcoin reaching USD 250,000. This projection suggests more than a doubling from our current position within this cycle’s parabolic phase. Interestingly, the duration of these parabolic phases has been extending with each cycle: 427 days in 2013, 525 days in 2017, 567 days in 2021. Based on this pattern, I anticipate the current cycle will span approximately 600 days, concluding around the end of 2025. I’d love to hear your thoughts and predictions. Where do you see Bitcoin heading in this cycle? Let’s discuss below!
BITSTAMP:BTCUSDLong
by LGNDRY-Capital
Bitcoin Roadmap==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) started to pump up late yesterday with the following three News and the important resistance of $100,000 seems to be broken: 1- Federal Reserve Chair Jerome Powell: Bitcoin is like gold( OANDA:XAUUSD ), not dollars. 2- President Putin says, “Bitcoin, Digital Assets will continue to develop". 3- 'Who's Laughing Now?' NYC Mayor Eric Adams Boasts About Bitcoin Paychecks ⚠️Note: As I said in previous posts, the crypto market has become more dependent on the news and reacts to any development or news in the world, so capital management should be observed more than before.⚠️ Let's now look at the analysis of Bitcoin after yesterday's pump . Bitcoin is currently moving in the Potential Reversal Zone(PRZ) and near the Support zone($99,600-$98,620) . According to the theory of Elliott waves , Bitcoin seems to be completing wave 4 , and we should wait for the start of wave 5 . The wave 4 structure is a Zigzag correction(ABC/5-3-5) . I expect Bitcoin to start increasing again after the end of wave 4 and attack the Resistance line . If the resistance line breaks, it can at least go up to the previous top($104,088) . ⚠️Note: We should wait for Bitcoin to fall further if Bitcoin goes below the Support line and the Support zone($99,600-$98,620).⚠️ ⚠️Note: Due to the Sharpie movement of wave 3, BTC may not even create a new All-Time High(ATH) (wave 5 will be Truncated). ⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 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.
Long
by pejman_zwin
12
100K+ BTC 30m ANALYSIS 06/12Analysis: Historical day for BTC, smashing the 100k. I strongly believe all of December we will see BTC fly to $110K+. In the analysis I've identified a great potential long position I will be looking to take if price comes back into my supply zone , respects and closes inside or above the SR . This is a great 1:6RR and even in the event price does create a LL below M30 Swing Low I will be looking for more long positions with the same target of M30 Swing High . If the move is successful I would suggest it will tap our supply zone and should fill the entire position within very few candles. To consider: $100K+ FOMO M30 Swing is LL Trump and News Speculation
BINANCE:BTCUSDLong
by AbInvestments
#BTC/USDT Urgent update.#BTC holding steady at support. Will it be a genuine breakout with a retest or just another fake move? Patience is key, we're waiting for the next few candle closes to confirm the trend. With no significant resistance here, the market's at a critical point if you zoom out to the HTF. Stay sharp. I'm holding onto my altcoin positions for now. IMHO, There's still a high possibility fir BTC to hit $114k. Invalidation will be a close below $90.2k DYOR, NFA #PEACE
BITFINEX:BTCUSDLong
by Cryptorphic
3
BTC Long ideathe last BTC was a little bit ago sorry for the wait, there havent been many opportunities for good rr trades since last time i posted. however now there is. This 8H zone is perfect to continue the long trend of btc with very minimum risk and a lot of potential profit if you trail your stoploss well. i will be looking for confirmation in this 8H SnD with a rather tight SL hoping for at least 1:5 rr to the target, from there i will take a hefty portion off and trail the remaining position. i have developed my own entry criteria and you guys should aswell. if you havent yet developed your own, i highly recommend you do so through thorough back and front testing. anyways hope you guys like the idea and take the trade with me, let me know if you do end up taking it ;)
Long
by BreadFish
Analyzing Bitcoin's Bullish Trajectory: Is $110,000 Achievable? Bitcoin's Bullish Trajectory: A Path to $110,000? Bitcoin, the world's largest cryptocurrency, has recently shown signs of renewed strength, with 30-day trader profits returning to a "healthy" range. This resurgence of bullish sentiment has reignited speculation about Bitcoin's potential to reach the coveted $110,000 milestone. The Return of Profitable Trading After a period of market volatility and declining profitability, Bitcoin traders have once again begun to experience positive returns over a 30-day period. This shift in market dynamics indicates a growing number of traders are capitalizing on the cryptocurrency's upward momentum. Key Factors Driving Bitcoin's Bullish Run Several factors are contributing to Bitcoin's bullish trajectory: 1. Institutional Adoption: o Increased Institutional Interest: A growing number of institutional investors, such as hedge funds and corporations, are allocating a portion of their portfolios to Bitcoin. This institutional interest provides significant support to the cryptocurrency's price. o Regulatory Clarity: As regulatory frameworks for cryptocurrencies continue to evolve, institutional investors are gaining more confidence in the asset class. 2. Network Upgrades and Scaling Solutions: o Layer-2 Solutions: The development and implementation of layer-2 scaling solutions, such as the Lightning Network, have the potential to significantly enhance Bitcoin's scalability and transaction throughput. o Network Upgrades: Regular network upgrades and protocol improvements aim to optimize Bitcoin's performance and security. 3. Global Economic Uncertainty: o Inflationary Pressures: Rising inflation rates and economic uncertainty have led investors to seek alternative assets, including Bitcoin, as a hedge against inflation. o Geopolitical Tensions: Geopolitical tensions and global conflicts can also drive demand for Bitcoin as a decentralized and borderless asset. 4. Positive Market Sentiment: o Bullish Sentiment: A prevailing bullish sentiment among traders and investors has contributed to Bitcoin's price surge. o FOMO (Fear of Missing Out): As Bitcoin's price continues to rise, FOMO can drive further buying pressure and accelerate the upward trend. The Path to $110,000 While $110,000 may seem like a lofty target, several factors could propel Bitcoin to this milestone: • Sustained Institutional Adoption: Continued institutional investment and increased mainstream acceptance can drive significant price appreciation. • Successful Network Upgrades: Successful implementation of network upgrades and scaling solutions can enhance Bitcoin's utility and attract more users. • Favorable Regulatory Environment: A supportive regulatory environment can foster innovation and encourage further investment in the cryptocurrency industry. • Strong Fundamental Factors: A robust economy, low interest rates, and geopolitical tensions can all contribute to Bitcoin's appeal as a safe-haven asset. Conclusion Bitcoin's recent price surge and the return of profitable trading activity have reignited optimism among investors. While the $110,000 milestone is not guaranteed, the confluence of favorable factors suggests that Bitcoin has the potential to reach new heights. However, it is crucial to approach cryptocurrency investments with caution, conduct thorough research, and diversify one's portfolio.
BITSTAMP:BTCUSD
by bryandowningqln
The Moment of Truth – New ATH Incoming?The time has come for Bitcoin to challenge and potentially break through its key resistance level. Market sentiment, combined with technical strength, suggests that a new all-time high (ATH) might be closer than we think. Why BTC Could Break Resistance: Global Momentum: Increasing institutional interest and macroeconomic factors are supporting a bullish outlook. Volume and Buyer Strength: Recent trading activity shows strong buyer interest near critical levels, hinting at sustained demand. ETH’s Time to Shine: Meanwhile, ETH is poised for a resurgence. After a period of underperformance, ETH is no longer being "crushed" by market pressures. With significant developments in its ecosystem and renewed interest, it’s time for Ethereum to perform better and reclaim its standing in the market. What to Watch For: BTC breaking resistance with conviction could signal the start of a broader market rally. ETH following suit could lead to an impressive recovery and potentially outperform BTC in the near term. The markets are at a tipping point—let’s see how this plays out! I keep my charts clean and simple because I believe clarity leads to better decisions. 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. My Previous Analysis 🐶 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 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan
Long
by XU99
Breaking: Bitcoin Surpasses $104k, Eyes on $150k NextBitcoin ( CRYPTOCAP:BTC ) has officially broken through the $100,000 barrier, reaching a new all-time high of $104,000. This milestone, achieved after nearly 15 years since its inception, has not only validated the resilience of the cryptocurrency but also shifted the narrative around its skeptics. Here's an analysis of both the technical and fundamental aspects driving this surge: Technical Analysis: Current Price and Momentum: As of now, Bitcoin trades at approximately $102,000, marking a 3.8% increase. The Relative Strength Index (RSI) stands at 71, suggesting the asset is slightly overbought. This could indicate a potential retracement, but the market sentiment remains bullish. There's an expectation of a retracement to the 38.2% Fibonacci level if selling pressure increases, which would be a normal correction in a strong uptrend. The daily chart shows signs of a forming golden cross, where a short-term moving average (like the 50-day MA) moves above a long-term moving average (like the 200-day MA). This pattern is typically viewed as a bullish signal, indicating possible continued upward momentum or a reversal to an uptrend. Future Price Targets: Analysts are eyeing $115,000 as the next psychological resistance, with many predicting a climb to $150,000, driven by increasing institutional interest and market sentiment. Fundamental Factors Institutional Adoption: The involvement of hedge funds and institutional investors has significantly grown. For instance, MicroStrategy's stock (MSTR) has seen a surge due to its Bitcoin holdings, now valued at over $40 billion, providing a clear example of institutional confidence in Bitcoin's future. Regulatory Environment: The election of Donald Trump, known for his pro-cryptocurrency stance, has bolstered investor confidence. His administration's expected regulatory leniency or support towards cryptocurrencies could further drive institutional and retail investment into Bitcoin. Skeptic to Advocate Transition: High-profile skeptics like Mark Cuban and Jamie Dimon have either shifted their stances or their companies have engaged with blockchain technology, reflecting a broader acceptance of Bitcoin's role in finance. This shift is significant from a fundamental perspective as it indicates changing perceptions at high levels of finance and investment. Supply and Demand Dynamics: Bitcoin's supply cap at 21 million coins, combined with its increasing adoption, creates a fundamental scarcity that could drive prices higher, especially as demand from diverse sectors like retail, institutional investors, and even nations considering it as a reserve asset grows. Market Sentiment and Future Prospects: Market Sentiment: The crypto community and broader financial markets are buzzing with optimism. The narrative has shifted from Bitcoin being a speculative bubble to a legitimate store of value, often likened to 'digital gold'. Potential Risks: Despite the bullish outlook, there are warnings about potential pullbacks if the current rally reverses. However, the overall market sentiment suggests that any dip might be seen as a buying opportunity by investors looking for long-term value. Conclusion Bitcoin's journey past $100,000 underscores not just its technical strength but also its evolving acceptance in the financial ecosystem. The transition of skeptics into either silent supporters or active participants in the crypto space further solidifies Bitcoin's foundational role in modern finance. With the technical indicators supporting a continued trend and fundamental factors aligning for growth, Bitcoin's ascent to $150,000 looks increasingly plausible, marking another significant chapter in its storied history.
BINANCE:BTCUSDLong
by DEXWireNews
Post-Halving Bitcoin Market AnalysisBitcoin Price prediction after halving: After the halving, Bitcoin's price typically moved sideways or exhibited a slight bearish trend for 1-3 months in the past three cycles. We can anticipate a similar sideways movement for the next 1-2 months before a significant upward surge. Once the sideways movement concludes, we can expect a robust bull run. In the past three Bitcoin cycles, the price of Bitcoin has exhibited a bullish trend following halving events. We can anticipate a similar trajectory in this cycle, potentially propelling the price to $200k Regards Hexa
BITSTAMP:BTCUSDLong
by HexaTrades
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. Regards Hexa
CRYPTO:BTCUSDLong
by HexaTrades
2
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.
Long
by pungkymegawan
2
BITCOIN HITS $104K, Target $114-115k!🎉BITCOIN HITS $104K 🎉 Year 2018: “Bitcoin is going to $100k!” – It dumped after reaching $19,878. Year 2021: “Bitcoin is going to hit $100k!” – It dumped from $69,880. Year 2024 (Dec 5th): Bitcoin has finally hit $104k. We did it, folks! We won! 🙌 The patience and perseverance of this community is truly extraordinary. Remember when we said governments would adopt Bitcoin one day? It’s happening now. $100k was once a Crypto trader’s dream; now it’s a reality. If you've been grinding through this for years, you're a real champion. Learn from your mistakes and never let anyone bring you down. You are amazing, believe in yourself. Money follows those who stay resilient. For me, it took two full cycles to make life-changing wealth. The skills and lessons learned along the way are priceless. If you're still struggling, don’t worry, stay with me this cycle. Looking at the chart, $114k seems like a reasonable target before any potential corrections if you analyze the structure. Although no one can predict for sure. Congratulations again! 🎉 If you’re reading this, you’ve made it. Please share it and like it if it resonates with you. Thank you. #PEACE
Long
by Cryptorphic
7
Bitcoin will go DOWN by H&S Pattern!!!Bitcoin ( BINANCE:BTCUSDT )started to rise after every positive news over the past days, but then started to fall again . Did you see the negative news that did not come !? Bitcoin is moving in the Support zone($95,600-$93,200) and Descending channel . The rise and fall of Bitcoin over the past 5-6 days has managed to form an Head and Shoulders Pattern . (in terms of Classical Technical Analysis ). Since BTC.D% ( CRYPTOCAP:BTC.D ) started to fall from the Heavy Resistance zone(63.30%-57.10%) and after breaking the lower line of the ascending channel , we can confirm that Bitcoin's dominance on the crypto market can end for a while. If the cryptocurrency market wants to have a correction , Bitcoin can experience a further correction. If the crypto market wants to experience an increase again, we can say that we have entered the Altseason .👇 I expect Bitcoin to fill the CME Gap($93,835-$93,720) AFTER breaking the Head and Shoulders Pattern's Neckline and Support zone($95,600-$93,200) and then decline to at least the H&S pattern's target(around $91,000) . 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 ⚠️Note: If Bitcoin goes above $96,800, we can expect Bitcoin to rise again to the resistance lines.⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 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.
Short
by pejman_zwin
36
BITCOIN -important data about bullrun (2024 - 2025)Weekly chart displays a parbolic curve pattern and as shown we already started at the base4 -let me tell u more about the parabolic curve.. parabolic curve consist of 4 bases... price going sideway at every base then make double in short period base 1: 24k - 44k within (84 days) base 2: 38k - 69k within ( 49 days) base 3: 58k - 99k within (42days) -so i expect price go sideway from this point consolidated a base 4 then btc will pumped hard in short period (maximum 60 days) -if u look at BTC.Dominance u will see a pretty monthly/weekly close below the multi years rising wedge pattern , 0.618 fib this is prime close ...when u applied the previous data about BTC and the Dominance data u will know that we will start an extremly bullish ALTSEASON -My advice is to detect ur target from now and never sell too early if u gain a profit -for explain it more i will give u an example:(AVAX) -in 2021 AVAX pumped hard about 15X within 126days just about 4months ... do u think who bought AVAX sold it with X15 profit? -absoultly no 99.99% didn't do that , but there is who sell AVAX with loss even when it pumped 15X and others sold at profit of 50% or 100%... imagine the feeling who buy AVAX at the dip and sold it with 50% or 100% profit.. he will wish he had been paralyzed during those 126days to get the great profit -Therefore, .. contentment is important, but this does not make you sell too early -Be patient with your coins in the bullrun and you will find that you have earned good profits and set reasonable targets... This is the most difficult challenge -Because this matter of contentment does not work ...because despite all these heights that you see, you have not seen the crazy jumps yet This is a promise from me and remember this well ..Once you see crazy jumps, you will not be able to control yourself, greed and FOMO will kill you if you do not have goals from now and a clear plan drawn up. Best regards Ceciliones🎯
by ceciliones
20
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. 😊
Long
by XU99