BTC Macro Cup & Handle Forming w/Golden Pocket Breakout?Bitcoin rejected at the $45.5k level as we forecast in prior weeks live classes and we can see the sell order block at this level as well.
Right now it looks like BTC is forming a macro cup & handle pattern, which would be a good thing here -- for Bitcoin to retest recent support (the handle) and then bounce off of this.
I'm targeting the FWB:48K - $50k level as the next resistance level before heading higher (which is the macro Fib Golden Pocket retracement zone).
The next buy order blocks are around $38k but the likely support levels are the 21 and 50 week EMA's around $30k and $35k respectively.
Hard to say what happens next, with all eyes on the BlackRock and other ETF expected approvals.
If for any reason ETF's are NOT approved 1st week of January, we could see a 50% drop and the Bitcoin CME gap potentially filled around $20k and as a final shakeout of retail investors.
Bitcoinpriceprediction
#BTC/USDT Update, Be patient!!While Bitcoin seems to be moving sideways, Altcoins are showing some promising momentum.
I am spot-long on both Altcoins and BTC.
However, I'm playing it safe and waiting for confirmation on the Weekly chart before making any major moves.
BTC needs to break that $44k resistance to hit FWB:48K which is my final target in the short term.
The current weekly candle is very important so be patient and stay cautious.
#Bitcoin - thoughts out loud #11Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Work plan.
Because it is necessary.
There may be a slight deviation.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)
Weekly DXY Breaking Down Below 103 = Bitcoin and Crypto RallyThis is a great looking chart of the DXY on a weekly time frame.
We have a huge Bearish engulfing candle forming on the DXY and breaking down below the 103 support level.
This is looking very Bullish for Bitcion and the Total Crypto Market Cap.
Also notice what happened after the last Bearish engulfing candles in October and November.
This is great to see, after 11 straight weeks of Bullish Green weekly DXY candles prior to that.
This is starting to look very interesting, and as we know as the DXY falls, Bitcion goes up.
Also see my recent analysis on how we could see new highs by January, and $100k BTC by or before the Halving.
Let me know what you think!
BITCOIN YEARLY GRAPHBitcoin Yearly Graph:
Bitcoin exhibits a distinctive yearly pattern, characterized by three years of a bullish cycle followed by one year of a bearish cycle. The ongoing year has followed this trend, indicating a bullish phase. If historical patterns persist, the next two years could potentially be bullish for Bitcoin.
2012- Bullish (330%)
2013- Bullish (8900%)
2014- Bearish (-70%)
2015- Bullish (220%)
2016- Bullish (170%)
2017- Bullish (2500%)
2018- Bearish (-82%)
2019- Bullish (330%)
2020- Bullish (656%)
2021- Bullish (150%)
2022- Bearish (-70%)
2023- Bullish (177%)
2024- Bullish???
2025- Bullish???
Are you ready for the upcoming bull run?
Bitcoin BTC price moves according to the fractal from the pastThe chart shows the same fractal stretched over at a different time frame.
The BTCUSDT price is now in a critical price range.
If sellers do not allow the BTC price to update the high in the coming days, there is a chance that a correction will begin according to the red fractal.
If buyers manage to fix the BTCUSD price above $44500, then there will be a chance for continued growth according to the blue fractal to the FWB:52K area, which is another +20% to Bitcoin price.
Which fractal do you think is more likely to work out? Vote with "like" at comment under idea.
BTC Macro UpdatesBTC make perfect Bearish Shark at 35900$ as i have already share chart regarding this.
As you can see BTC spot has no volume since March as mentioned in chart.
It is just manipulation and grapping liquidity
According to onchain analysis Upside liquidity has been grab almost 1.5B$ has been liquidate.Everyone is bullish now which means big move is coming.This senerio is remindering about recent crash when BTC touch 50k$ from 30k$ in May 2022.
Becaregul with your trade on larger tf.
Trendline has also been broken and just retesting here.
If BTC cross 37000$ with full candle it will invalidate this pattern.
This is macro analysis based on weekly tf.
If you like this kindly follow me and like this Idea
Thank you
📈Bitcoin golden position for left behinds📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. Let's make it simple. I think:
Bitcoin will retest lower levels around 35k. (But the most important dynamic level is the weekly Bollinger midline.)
Then the targets for the next jump are 45k, 47k and then 50k.
Above these levels, the most important price resistance is around 52K and 55K.
I personally bought some bitcoin close to 40k and will keep buying until the price is above 35k. (As you can see, Bitcoin touched the mid-Bollinger line on the daily TF)
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BTC / USDT Market UpdatesMarkets approach the $47,000 - $48,000 mark 💕
Expecting a potential rejection and subsequent pullback into Q1 of the upcoming year✍
I'll be closely monitoring for a three to four-wave downward pattern 👀
Once identified, I'll promptly share my strategy for re-entry into Bitcoin 🤞
Or Market will drop to $19000 to $21,000 region which is CME gap 👍
Stay tuned for updates on my re-entry points and strategy for navigating Bitcoin's movements. 📈
Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update.
Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
TradingView: @FarmanBangashh
Bitcoin Weekly TFBitcoin has maintained a bullish trend for 84 consecutive days, displaying an 80% increase. Anticipate a response in the range of 46650 - 47350, followed by an expected pullback of approximately 30%. Various indicators, including the descending trendline, ascending trendline, reversal point, overbought conditions on RSI, and structural considerations, suggest that this correction may occur during any session by the end of next week.
Bitcoin Peaks at $42,000 - What's Next? Bitcoin Peaks at $42,000 - What's Next?
In a new surge of momentum fueled by widespread optimism that the U.S. securities regulator may soon approve a spot bitcoin ETF, Bitcoin briefly surpassing $42,000 to reach a 20-month high.
There is a sense of optimism in the space regarding the potential approval of a bitcoin exchange-traded fund (ETF) by the U.S. securities regulator. Such approval would likely enable a new type of investor to enter the cryptocurrency market through the regulated stock exchange, leading to an influx of capital into the digital asset. In October, SEC Chair Gary Gensler alluded to the agency's consideration of up to 10 bitcoin ETF filings.
Additionally, falling inflation in the US is making higher-risk assets such as Bitcoin more attractive.
This sounds like a certain bullish environment, right? Well... nothing is certain in crypto so some downside projections might be appropriate to consider too. So, with that in mind, the gap on Sunday still needs to be filled, starting with approximate prices at $39,600 and $39,000.
BTC retest to 27K, then a real BULL will hit the BEAR. Hi Traders,
I will keep it simple, this is not a reading course, just check the chart and understand.
Bearish signs
Weekly candles showing weakness after massive green candles, doji and little hammers appear at the top.
Stoch RSI is clearly representing us that there must be a decrease in price, but to what level?
That is why i use Ichimoku Cloud. Probably, we will staying between the red cloud, maybe reaching its bottom in the next 1-3 weeks, but then i assume it will keep increasing.
What about next year? well, ETF, BTC Halvening, XRP trial and so many more could appear.
Now who is holding BTC either a HODLer or a very great investor. Right now this is not a playground of people who don't understand the market as we saw in 2021 and before. When the price of BTC and everything start to increase, this again became a playground, and keep in mind that as always, there are more people who lose money here than who not, this is the nature of the market.
Share your ideas, and check my others.
📈Bitcoin weekly prediction, 40K or 32.5?📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of FWB:39K -40K.
In this week, bitcoin price breaks the ascending channel (in yellow).
Overall, in my opinion, as long as the price of Bitcoin does not fall below the red-line support, there is a possibility that it will go higher.
But if the price loses the support, the level of 31,700 to 30,200 will be a strong support for Bitcoin in the bearish scenario.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
Bitcoin 10,015 BTC worth $370Mil transferred today to Coinbase !If you haven`t sold the Head and Shoulders scenario:
Or reentered this BTC dip:
The you need to know that today 10,015 Bitcoins worth about $370Mil were transferred from Unknown Wallet to crypto exchange Coinbase!
Is CZ Binance ready to sell his Bitcoin?
Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is BTC Bitcoin.
I've set a short-term price target for BTC Bitcoin at $30K.
Looking forward to read your opinion about it!
#BTC/USDT Still on track! $42k on the table.#BTC : Currently on track and still anticipating a $40k+ rally.
Witnessed a solid bounce, especially after the CZ News; Bitcoin demonstrated resilience, indicating strength in the trend.
Altcoins are rebounding as well.
Invalidation still remains to be close a below the $34500 level.
If you are reading this you already went through the worst phases in the last 2 years.
Stick to the plan and be ready for what's coming for the next two years.
Whenever in doubt, zoom out!
Cheers
#Crypto
Bitcoin: One Person's Fear is Another Person's GreedFirst off, what the f*ck?
I believe Bitcoin should correct back to at least the 50% Fib Level -- if not the 38.2% -- so that we can see a healthy rally upwards. Years of trading crypto has taught me that every rally has a near equal correction. But emotions and bias will be the death of your portfolio so here's my unbiased analysis of the world's greatest cryptocurrency:
- Bitcoin is forming an ascending triangle on multiple charts which is a bullish sentiment on its own.
- On-Balance Volume (OBV) shows a steady increase in buying pressure since the start of the recent rally. Layman's terms: buying pressure is outcompeting selling pressure.
- Money Flow Index (MFI) has an inverse slope that favors oversold and is currently relaxing in neutral territory safely away from overbought.
These three indicators lead me to believe that Bitcoin may experience another breakout in the coming weeks and, potentially, without a dip back to $30.5K as I previously forecasted. At risk of stating the obvious, news can shake the markets enough to reverse any trajectory but yesterday's Binance update hardly rattled Bitcoin like it did for altcoins.
It's my personal opinion that the Bitcoin ETF decision is the closest catalyst in determining the next major rally or drop. However, we can't forget about the highly anticipated Bitcoin halving which is expected around April 2024. If the ETF does get rejected, this may provide a very lucrative buying opportunity.
COINBASE:BTCUSD
BTC Long term scenario pre Bull RunBitcoin is still in bullish phase, but not for long i think. 41k could be a good entry point to start placing sell entry. Target is the accumulation zone in 24-28k zone. From there we will likely have some time to accumulate long before the great start of the bull run. Remember: NO FUD, just planning. Plan a trade and trade the plan, always
#Bitcoin - thoughts out loud #10
Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Work plan.
It's a great start, and the end will be even better!
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)