JUST IN: Bitcoin at $107,000Bitcoin, the flagship cryptocurrency, recently broke past the significant $107,000 psychological resistance level before retracing to $106,000. Despite this pullback, several technical and fundamental indicators suggest a bullish trajectory for the digital asset in the near term.
Technical Analysis
A key technical indicator supporting the bullish outlook is the imminent formation of a golden cross pattern on Bitcoin’s chart. This occurs when the 50-day moving average (MA) crosses above the 200-day MA, a classic signal of bullish momentum and a potential sustained uptrend.
Historically, golden cross patterns have often preceded major price rallies in Bitcoin. For instance:
- In 2020, the formation of a golden cross preceded Bitcoin’s surge from $10,000 to its then all-time high of $64,000.
Currently, Bitcoin’s Relative Strength Index (RSI) sits at 58, which is within neutral territory but trending upward. This indicates that there is room for further bullish momentum without the asset being overbought.
Market Performance
As of this writing, Bitcoin is up 2% on the day, trading at $106,000. The price action suggests strong buying interest at the current levels, even as the market absorbs profit-taking near the $107,000 mark. Key support levels to watch include $104,500, while resistance remains at $107,000 and beyond.
Beyond technical signals, several fundamental factors are bolstering Bitcoin’s bullish outlook:
1. Institutional Interest: Recent data highlights a surge in institutional inflows into Bitcoin-focused investment products. This renewed interest comes amid increasing macroeconomic uncertainty and Bitcoin’s reputation as digital gold.
2. Supply Dynamics: Bitcoin’s halving event, expected in mid-2025, is already influencing market sentiment. Historically, halvings have significantly reduced the rate of new Bitcoin entering circulation, often leading to price increases as demand outpaces supply.
3. Global Adoption: Countries and corporations continue to embrace Bitcoin as a legitimate asset. Recent announcements of Bitcoin integration into payment systems and growing adoption as a store of value further validate its utility and potential.
Conclusion
With the golden cross pattern on the verge of confirmation, Bitcoin’s technical setup suggests that a strong bullish run could be imminent. Coupled with favorable fundamentals, including increasing institutional participation and global adoption, Bitcoin appears well-positioned to continue its upward momentum.
Traders and investors should keep an eye on the $107,000 resistance level, as a decisive break above it could pave the way for Bitcoin to target $110,000 and beyond. However, as always, caution is advised, as market volatility remains a key characteristic of the cryptocurrency space.
Bitcoinprediction
Bitcoin’s Big Move: Can It Hit $126K or Drop to $70K?Good morning, trading family!
Bitcoin (BTC) is at a key point right now. If it breaks above $107K, there’s a good chance we’ll see it climb to $117K, and if it keeps going, $118–$119K could be next. From there, it could push all the way to $126K.
But here’s the flip side—if we hit one of those levels, I’m expecting a correction. That could bring BTC back down to $80–$86K. If that doesn’t hold, we might even see it drop to $70K.
If this helped, I’d love to hear your thoughts! Feel free to like, comment, or share. Let’s trade smarter and live better!
Kris/Mindbloome Exchange
Trade What You See
Bitcoin $BTCBitcoin has been propped up for today 1.23.2025 in hopes of the POTUS Donald Trump to sign an Executive Order surrounding cryptocurrency.
If we do not get an EO signed today, we will push towards resting Liquidity around $100,000.
On the other hand, if we do get a crypto EO. We will blow the cap off, and create another all time high.
Be ready for a volatile market.
Bitcoin yearly divergency BITSTAMP:BTCUSD
Take a look on this historical Bitcoin chart.
Based on my 2 indicators Accumulation and Distribution we can see huge yearly divergency. Step by step whales distribute coins which they got in a first 5 years. From 2015 till now we see pure divergency. I think we will see new ATH around 89000-130000 and reject one more time at the main line on ADZ indicator.
Based on Direction indicator (lowest) we touch the same level where BTC was in 2015. Of course we will not repeat % pump because Bitcoin is to heavy now. But model can be similar with uptrend move.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
#Bitcoin $BTCUSD The Wedge dilemma.CRYPTO:BTCUSD Key Levels:
1. 109k
2. 150k
3. 85k
4. 75k
CRYPTO:BTCUSD is currently trying to break a historical, old and respectful channel's upper wedge. Technically speaking, this wedge is a very significant level where it has been tested 5 times so far "illustrated on the chart". The last 2 attempts have shown that the wedge is still valid.
Scenario A:
Euphoria and institutions buying pressure will keep the price trading close enough to the wedge until it breaks out where it unlocks a new uncharted zone extended to the next psychological mark 150k.
Scenario B:
Price falls back to the nearest visible and massive demand zone around the 75k mark.
I lean on a correction to the closest demand zone around the 75k mark.
Corrections:
It is worth noting that every time the price tests this wedge it causes a significant correction. "Check the illustrated table on the chart".
Conclusion:
Closing above 116k unlocks an uncharted zone to 150k
Trading below the historical wedge will lead eventually to a retest of the 75k price level.
#BTC #BITCOIN #CRYPTO #ANALYSIS #AHMEDMESBAH #SUPPLYANDDEMAND #BLOCKCHAIN #ETHEREUM
Critical Metals Corp Unveils $500M Bitcoin Reserve InitiativeIn a ground-breaking move, Critical Metals Corp (Nasdaq: CRML), a leader in mining development, has announced its bold decision to adopt Bitcoin (BTC) as a primary asset in its treasury management strategy. This initiative, aimed at acquiring up to $500 million worth of Bitcoin, marks a pivotal moment for cryptocurrency adoption in the corporate world, particularly within the critical minerals sector.
Strategic Shift to Bitcoin
Critical Metals Corp, known for its work in critical minerals and next-generation technologies through its Tanbreez Greenland Rare Earth Mine and Wolfsberg Lithium Project, has approved a comprehensive Bitcoin treasury strategy. The initiative is supported by a $500 million convertible note financing plan led by JBA Asset Management. The first tranche of $100 million is secured, with subsequent tranches totaling $400 million subject to specific conditions.
The notes will be convertible into common stock at $6.00 per share, with warrants convertible at $7.00. This innovative financial strategy not only diversifies the company’s asset portfolio but also positions it as the first Nasdaq-listed critical minerals company to integrate Bitcoin into its treasury.
Tony Sage, Executive Chairman and CEO, emphasized the dual benefits of this strategy: “Incorporating a Bitcoin allocation to our treasury management strategy is an innovative approach that we believe will strengthen our balance sheet and create long-term shareholder value.” Sage also highlighted Bitcoin’s potential as a hedge against inflation and currency debasement, aligning with broader governmental initiatives to adopt Bitcoin.
Bitcoin’s Role in Critical Metals’ Vision
The move comes at a time when Bitcoin’s role as a store of value and inflation hedge is gaining traction globally. Critical Metals’ strategy not only secures its financial position but also strengthens its alignment with western government initiatives, including recent advocacy for a national Bitcoin stockpile by President Trump. By adopting Bitcoin, the company enhances its appeal as a reliable partner in secure supply chains for critical minerals.
The company plans to execute its Bitcoin acquisition strategy based on market dynamics and cash flow requirements, maintaining flexibility to adapt to evolving circumstances.
Technical Analysis of Bitcoin
As of the time of writing, Bitcoin is trading at $104,000, down 1.83% from its recent all-time high (ATH). Despite the slight retracement, Bitcoin’s Relative Strength Index (RSI) stands at 51, indicating a neutral stance with potential for further movement.
Key technical levels to watch include:
- Support: $101,000, aligning with the 38.2% Fibonacci retracement level.
- Resistance: A breakout above the one-month high of $115,000 could propel Bitcoin to $150,000 if bullish factors persist.
This retracement offers a consolidation period, often viewed as healthy for sustained upward momentum. Should Bitcoin hold above the $101,000 support, it could attract new buyers, fueling another rally. Conversely, a failure to hold this level may lead to a dip, testing lower support zones.
The Broader Impact
Critical Metals’ decision to integrate Bitcoin into its treasury highlights the growing institutional acceptance of cryptocurrency. By aligning its financial strategy with Bitcoin, the company not only protects against inflation but also positions itself as a pioneer in blending traditional industries with cutting-edge financial assets.
This move, coupled with Bitcoin’s recent price performance, underscores the increasing role of digital assets in global finance. With institutions like MicroStrategy and Critical Metals leading the charge, Bitcoin’s journey to mainstream adoption continues to accelerate.
Conclusion
Critical Metals Corp’s $500 million Bitcoin reserve initiative is a testament to the evolving financial landscape, where digital assets are becoming integral to corporate strategies. As Bitcoin hovers near its ATH, the strategic timing of this announcement adds to the growing confidence in cryptocurrency’s future. With a disciplined approach and robust financial backing, Critical Metals is not only reshaping its treasury management but also setting a precedent for others in the industry.
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.
BTC/USDT Analysis: Bitcoin Riding the Waves of Optimism As we dive into this BTC/USDT chart, it’s clear that Bitcoin is not just a cryptocurrency—it’s an art form. The chart showcases a detailed Elliott Wave analysis, complete with corrective W-X-Y patterns and impulsive waves screaming, “I’m going places!” Let’s break it down step by step.
The Elliott Wave Breakdown
Bitcoin has been playing out its Elliott Wave structure with the precision of a virtuoso pianist. Here’s what we’re looking at:
1. Wave (1) to Wave (5): A Symphony of Higher Highs.
2. Wave (1) was the opening act, starting the bullish rally.
3. Wave (2) provided a dramatic correction, retracing as deep as a poet’s feelings on a rainy
day.
4. Wave (3) emerged as the headliner, the longest and strongest wave, with Bitcoin shouting,
“Catch me if you can!”
5. Wave (4), our consolidation buddy, is taking a breather, making sure BTC doesn’t exhaust
itself before the final sprint.
6. Wave (5) looks ready to take the stage and hit the projected target of $128,647.56. The bulls
seem to be prepping their rockets for this one.
2. The W-X-Y Correction
Before the current rally, BTC went through a complex W-X-Y correction. Think of it as Bitcoin saying, “Let me stretch a bit before the next marathon.” This correction has set the stage for the bullish impulses we’re seeing now.
Indicators: The Whispering Bulls
1. Williams %R and Stoch RSI: Hidden Bullish Divergences
Both indicators are practically screaming “hidden bullish divergences” like fans at a rock concert. These signals suggest that the bulls are working behind the scenes, setting the stage for the next big move.
2. RSI: Staying Strong
The RSI remains comfortably above 50, signaling that the bullish momentum is intact. It’s like Bitcoin is cruising down the highway, windows down, music blasting, and no signs of slowing.
The Price Target: To $128,000 and Beyond!
Bitcoin has been known to defy expectations. While $128K might feel like aiming for the moon, let’s not forget—this is Bitcoin, and the moon is just the first stop.
Key Levels to Watch
1. Support Zones
The $80,000 level is a key psychological support. If Bitcoin revisits this area, it could serve as a launchpad for the next leg up.
2. Resistance Levels
The $100,000 mark will likely be a battle zone. Expect bears to put up a fight here, but with the momentum we’re seeing, the bulls might just plow through.
In Conclusion: Strap In, Bulls
Bitcoin is looking bullish on all fronts. The Elliott Wave structure, hidden bullish divergences, and strong RSI readings all point to higher prices in the near future. However, as always, remember that markets love surprises, and it’s always good to keep your risk in check.
For now, though, it looks like Bitcoin is preparing for a grand finale. Let’s hope the bulls keep the momentum going because $128,647 is calling, and Bitcoin seems eager to answer. 🚀
Disclaimer: NOT FINANCIAL ADVISE!
Skyrexio | Bitcoin BTC Has Cancelled The Bear Market!Hello, Skyrexians!
Last month BINANCE:BTCUSDT has clearly broken $100k. Most of people think that it's too late now to buy Bitcoin because price is too high, but our analysis tells us that it was only one half of the potential bull run.
Let's take a look at the monthly time frame. We can see the new Elliott Wave structure. Earlier we had a chance that this bull run could be the wave 5, but recently the Awesome Oscillator broke the previous high. The potential bearish divergence has been broken as well. Moreover, Fractal Trend Detector shows that this bull run is strong and no single sign of weakness now.
This is large wave 3 which has the target at least at $125k, but most likely it will hit $190k in 2025.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
BTC Volatility Hits 6-Month High, Options Trading ExplodesImplied and realized volatility indexes hit the highest levels since August's yen carry trade unwind.
Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, has always been synonymous with volatility. However, recent market activity indicates a significant surge in price fluctuations, with both implied and realized volatility indexes reaching levels not seen since August of the previous year. This spike in volatility coincides with a renewed frenzy in the Bitcoin options market, suggesting that traders are anticipating significant price swings in the near future.
Understanding Volatility
In financial markets, volatility refers to the degree of variation in the price of a trading asset over time. High volatility implies that the price of an asset can fluctuate dramatically over a short period, while low volatility suggests relatively stable price movements. Volatility can be measured in two primary ways:
1. Realized Volatility: This is a historical measure of how much an asset's price has fluctuated in the past. It is typically calculated by looking at the standard deviation of price changes over a specific period, such as 30 days.
2. Implied Volatility: This is a forward-looking measure of how much the market expects an asset's price to fluctuate in the future. It is derived from the pricing of options contracts, which give the holder the right, but not the obligation, to buy or sell an asset at a specific price on or before a certain date.
Current Market Trends
The increase in implied volatility suggests that options traders are pricing in a higher probability of significant price swings in Bitcoin. This could be due to a number of factors, including:
• Increased Institutional Participation: The growing involvement of institutional investors in the Bitcoin market has led to larger trading volumes and potentially greater price swings.
• Regulatory Uncertainty: The lack of clear regulatory frameworks for cryptocurrencies in many jurisdictions continues to create uncertainty and contribute to volatility.
• Market Sentiment: Overall market sentiment towards Bitcoin can also play a significant role in its volatility. Positive news and developments can lead to rapid price increases, while negative news can trigger sharp declines.
Options Market Frenzy
The surge in Bitcoin volatility is closely linked to a renewed frenzy in the Bitcoin options market. Options contracts provide traders with a way to bet on future price movements without having to directly buy or sell the underlying asset. The recent increase in options trading suggests that traders are actively seeking to capitalize on the expected price swings in Bitcoin.
One notable trend in the options market is the increasing demand for call options, which give the holder the right to buy Bitcoin at a specific price. This indicates that many traders are betting on further price increases in the cryptocurrency.
Potential Risks
While the current market conditions may present opportunities for some traders, it is important to be aware of the potential risks associated with high volatility. Rapid price swings can lead to significant losses for those who are not adequately prepared.
For latecomers to the Bitcoin market, the risk of immediate unrealized losses is particularly high. If the price of Bitcoin were to suddenly decline, those who recently bought in at higher prices could see their investments quickly lose value.
Conclusion
Bitcoin's recent surge in volatility, coupled with the frenzy in the options market, highlights the inherent risks and opportunities associated with this digital asset. While the potential for significant gains exists, traders must also be prepared for the possibility of substantial losses. As the Bitcoin market continues to evolve, it is crucial to stay informed and exercise caution when making investment decisions.
Public trade #11 - #BTC price analysis ( Bitcoin )At the moment, the CRYPTOCAP:BTC price is making an A-B-C correction within the channel quite harmoniously.
The idea is as follows:
🔽now the market is correcting for a few days and the lower the better.
🔼And then on January 20, Trump will be inaugurated and, as the “messiah,” he will “make life easier” for crypto investors by some decree and the market will break out in growth.
1️⃣ So the first stop of the OKX:BTCUSDT correction should be around $93-94k, and from there, growth can break up to $110k.
2️⃣ The second option is a correction of the #Bitcoin price around $86-87k.
❗️ It's also worth remembering that 29.01.25 is the announcement of the “fresh” Fed Funds rate. And given the fact that inflation has increased this month, the Fed's rate cut is in jeopardy, at best it will be left unchanged.
P.S:
Please excuse the fact that there are so many levels on the chart, but they work well and can be used in trading!)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
BITCOINUSD TECHANICALL ANALYSIS FOR H1 (READ CAOTION)hello trader's. what do you think about bitcoinusd
current price: 105000
Today BitcoinUSD Just Touch The Last High Area 105700 We See Some Retestmint in BitcoinUSD it can be good Retest in BitcoinUSD Now we Have H1 Channel Pattern So bitcoinusd going to toching Resistance zone 106500 then bitcoinusd Fall Down side to Support 101500 then expected 97500
support 95500.94500
resistance zone. 10580o . 107000
please like comment and follow
Bull Flag on BTC Daily!!!The cryptocurrency market is once again at the edge of a seismic shift. Following the recent uptrend, Bitcoin (BTC) has established a formidable Bull Flag on the daily chart. By utilizing a trend-based Fibonacci extension on top of the current Bull Flag, we can identify the coveted 'golden pocket' positioned at $126,000, with the subsequent target level at an impressive $185,000.
If historical patterns hold true, this year is set to be another record-breaking period for Bitcoin and the broader crypto market. Investors and enthusiasts alike should prepare for a potentially parabolic movement. Fasten your seat belts, an exciting journey awaits.
BTC Targeting 125-130K : Elliott Wave AnalysisIn the coming months, Bitcoin is likely to reach its next targets—or at least form one more higher peak. Here’s how it might play out:
Orange Count (Wave 4 Correction):
According to the orange wave count, Bitcoin is in a larger Wave 4 correction of the impulse that began at 49K. This suggests another high is on the way for Wave 5.
Recent Price Action (Higher High Above 102.8K):
After closing daily above 102.8K, the wick at 89K should be seriously considered a potential Wave 4 bottom. This implies we could now be in the fifth and final impulse wave heading up to a new high. Two main scenarios could unfold:
Scenario A (Regular Impulse):
If this is a standard impulse, we’ll see a Wave 2 retracement next—typically between the 0.5 and 0.786 Fibonacci levels of the initial move. That puts a possible Wave 2 target between 97K and 92.5K. From there, Wave 3 would likely accelerate toward 125K. This is shown by the red wave in the chart.
Scenario B (Ending Diagonal):
Wave 5 often appears as an ending diagonal, which can look like a rising wedge or an expanding broadening wedge. If this pattern takes hold, the next high may not exceed 120K by much.
Bearish Alternative:
There is still a bearish possibility as long as we remain below the previous high. In this case, the recent upward move could be part of a larger flat correction, which would push Bitcoin lower again before eventually reaching a new high. This more negative outcome would be confirmed if prices fall below 92K (the 0.786 retracement of the move up from 89K).
Bitcoin Testing ATH Resistance
Bitcoin is currently probing its All-Time High (ATH) resistance zone, and given the uncertainty, the outcome is unpredictable. However, the price target of 77K, suggested by the break from the rising wedge pattern, remains a possibility. Meanwhile, the expected Head and Shoulders (H&S) pattern has not materialized.
My take is this: if Bitcoin manages to close a daily candle above the previous ATH, the bullish momentum could take off!
Here's my theory on what might be happening behind the scenes: The bulls might intentionally push the Relative Strength Index (RSI) above its recent lower high to set up a new baseline for a high. This could reset the RSI peak, avoiding bearish divergence signals at the ATH. After this reset, they might then pull back to test the local low before making another attempt to break through the ATH. That's just my speculation, though.