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Bitcoinpricetrendanalysis

#BTCUSDT: The Turning Point is Near! Will the Market Crash or Re🚀 BYBIT:BTCUSDT.P has entered a critical zone! After a prolonged uptrend, the asset formed a "Rising Wedge" pattern and tested resistance twice (Top 2), indicating a potential trend exhaustion. ━━━━━━━━━━━━━━━━━━━━ 🔥 Market Overview for BYBIT:BTCUSDT.P ✔️ The Volume Profile shows that the current range is below the Point of Control (POC), meaning the main liquidity zone (where the highest trading volume occurred) remains above the current price. ✔️ BYBIT:BTCUSDT.P is currently trading within a consolidation zone after a notable short-driven drop. 🟢 The price has already broken below the wedge’s lower boundary, which is historically a bearish signal. However, the market is still holding above a key liquidity level (POC: 96,125.2). 🟢 If BYBIT:BTCUSDT.P continues consolidating without reclaiming lost levels, altcoins will likely face selling pressure or stagnation. 🟢 If BYBIT:BTCUSDT.P recovers above the critical horizontal volume level (POC), this could trigger a market-wide rebound and push altcoins higher. 🔥 Technical Outlook ✔️ A 10–15% correction is common for Bitcoin before it enters a consolidation phase. If no major negative news emerges and there is no aggressive short squeeze, the market may stabilize and attempt a recovery. ✔️ However, if BYBIT:BTCUSDT.P starts trading significantly below key levels (e.g., drops under $90,000 or $85,000), this could signal a deeper correction phase. 💡 Key Market Factors at Play: ✔️ Current Price: $95,901 ✔️ Volume: 19.64K BYBIT:BTCUSDT.P – moderate but not extreme, indicating possible market indecision. ✔️ Key POC Level: 96,125.2 – the point of highest volume, which may determine the next direction. 🔥 General Market Sentiment ✔️ If BYBIT:BTCUSDT.P continues its downtrend, most altcoins will follow. In this case, it makes sense to look for buy opportunities at support levels when bounce signals appear. ✔️ Pay attention to key support and resistance levels for BYBIT:BTCUSDT.P . If BYBIT:BTCUSDT.P finds strong support, this could trigger a broader altcoin recovery. 🔥 Technical Indicators: 📉 RSI (Relative Strength Index): If RSI for most assets approaches oversold territory, short-term bounces may occur. This could present good buying opportunities. 🔥 What’s Happening with BYBIT:BTCUSDT.P ? 📌 Breaking the Rising Wedge – a strong bearish signal for further downside. 📌 Support at 96,125.2 is holding for now, but selling pressure remains strong. 📌 Projected downside target: $68,000 - $48,000 if the breakdown is confirmed. 📌 Alternative scenario: A move back above $100,000, which could lead to renewed bullish momentum. 🔥 Action Plan for Buying: ✔️ Short-term: Look to buy during dips, focusing on support levels close to recent lows. ✔️ Mid-term : Use a dollar-cost averaging strategy if a larger recovery is expected, while managing risk as the market stabilizes. ✔️ Long-term : Wait for clear signs of recovery on charts and macroeconomic conditions before making bigger moves. 📉 Bearish Scenario (Primary Outlook): Further Decline Expected If BYBIT:BTCUSDT.P stays below $95,000 - $96,000, expect an accelerated downtrend: ✅ Target 1: $88,000 – first major support zone. ✅ Target 2: $72,000 – level where the market may seek balance. ✅ Target 3: $48,000 – critical zone, where BYBIT:BTCUSDT.P may form a bottom. ✔️ If BYBIT:BTCUSDT.P breaks $95,000, short remains the main scenario. ✔️ Confirmation: Increasing volume on the sell-off. ✔️ Caution with longs – no clear reversal signals yet. 📈 Bullish Scenario (Alternative): Reversal Possible If BYBIT:BTCUSDT.P holds above $96,000 - $97,000 and breaks $100,000, a bullish continuation is possible: ✅ Target 1: $104,000 – nearest resistance. ✅ Target 2: $110,000 – major liquidity zone. ✅ Target 3: $120,000+ – potential new highs. ✔️ Long positions should only be considered if BYBIT:BTCUSDT.P confidently holds above $100,000. ✔️ Confirmation: Sharp increase in volume and a strong bounce off support. ⚡ Final Thoughts: ✔️ The drop from $107,673 to $96,150 over the past months suggests a mix between a local correction and the potential start of a deeper downtrend. The next move will largely depend on whether BYBIT:BTCUSDT.P can hold above key support levels and reclaim major liquidity zones (~$100,000–101,000), turning them from resistance back into support. ⚡ Critical Moment for BYBIT:BTCUSDT.P ! ✔️ BYBIT:BTCUSDT.P is sitting at its final major support zone – the coming days will determine its fate. ✔️ Sellers remain in control, but the market still has a chance to regain strength. ✔️ A break below $95,000 could accelerate the drop, while a move back above $100,000 could reignite the bull run. 🚀 A major move is coming for BYBIT:BTCUSDT.P – stay ready! 🔥
by MoriartyTrading
BTC Halving | Halving Mapping | Bull Run | Bitcoin Analysis Timeframe: 1 Week (Halving Mapping) This article focuses on three key aspects of Bitcoin’s halving, based on historical research: Bull Market Moves Bear Market Moves Pre-Halving Moves As you can see in the chart above, the previous halving events have been mapped out, providing a clear picture of Bitcoin’s price behavior. Historically, after each halving, Bitcoin enters a bull market, followed by a bear market. Additionally, I’ve observed and mapped a unique pattern that isn’t widely discussed: a pre-halving upward move that occurs before the halving event. This pre-halving move often provides significant returns, especially after a bear market phase. For investors and long-term holders, this presents an opportunity to divide investments into two parts: Pre-Halving Move: Capitalize on the upward momentum before the halving. Post-Halving Bull Run: Benefit from the sustained bull market after the halving. These strategies don’t require extensive technical analysis. A deep dive into historical data makes the patterns clear. Historically, after an uptrend, Bitcoin experiences a downtrend lasting between 1.5 to 2 years. Keeping these patterns in mind can help you craft effective investment strategies. Current Market Bull Run Update A common question among traders and investors is: Has the bull run ended? Is this the last exit point for Bitcoin? Based on my research, the bull run is not over yet. While we may see a downward move in the near term, this is likely to be a manipulation phase, creating FOMO (fear of missing out) among traders who might believe the bull run has ended. However, Bitcoin is expected to make one final upward move, reaching a new all-time high. This final phase is likely to occur in the latter part of this year, with 2025 being entirely dominated by the bull run. Looking at the 2020 halving chart, you can see a clear "M" shape pattern. At that time, the market experienced a similar phase where the "M" shape completed, and Bitcoin retraced significantly, creating FOMO. However, it eventually surged to a new all-time high in the final phase. Currently, I believe we are witnessing the formation of a similar "M" shape. Bitcoin is in the process of completing the first half of the "M," which could lead to a downward move. However, this is not a cause for panic. After this retracement, Bitcoin is expected to complete the "M" shape and reach a new all-time high later this year. On-Chain Analysis Insights From an on-chain perspective, it’s evident that major investors have not fully exited their positions. There’s a general sentiment among large holders to create FOMO, allowing them to buy back at lower prices. This aligns with my research, suggesting that the current market dynamics are part of a larger strategy. Additionally, the recent delay in the bull run can be attributed to the rise of meme coins. These coins have created a frenzy, with politicians and influencers jumping on the bandwagon to launch their own meme coins. This has diverted attention and capital from Bitcoin, causing a slight delay in its upward momentum. However, once the meme coin hype subsides, Bitcoin is expected to resume its upward trajectory. Summary Halving Mapping: Three key phases were discussed – the bull run, bear market, and pre-halving upward move. Current Chart Structure: Bitcoin is forming a half "M" shape, which may lead to a downward move before completing the pattern and reaching a new all-time high later this year. 2025 Outlook: The entire year of 2025 is expected to be dominated by the bull run. Note My goal is to simplify the chart and help you understand the price action clearly. I avoid overloading the chart with unnecessary indicators or creating confusion. My analysis focuses on keeping the chart clean and straightforward. Thank you!
INDEX:BTCUSD
by The_Chartist30
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
KRAKEN:BTCUSDLong
by Mindbloome-Trading
4
Bitcoin Halving: Meaning and Implications for TradersBitcoin Halving: Meaning and Implications for Traders Bitcoin halving is one of the most anticipated events in the crypto world, dramatically altering the supply dynamics of the leading digital asset. By reducing the rate at which new Bitcoin is created, halvings play a key role in its scarcity and long-term value. This article explores what Bitcoin halving means, how it works, and its potential implications for BTC and the broader financial market. What Is Bitcoin Halving? In crypto, a halving refers to an event that slashes rewards transaction validators receive for their efforts. Most well-known is the Bitcoin halving, a built-in mechanism in Bitcoin’s code that cuts the reward miners receive for validating transactions and securing the network by half. Bitcoin's halving is closely tied to the structure of its blockchain. Miners earn rewards by solving complex cryptographic puzzles, which allows them to add a new block to the blockchain. Each block acts as a container for transaction data and serves as a building block in the blockchain, forming a secure, chronological chain of records. However, the reward miners receive for adding a block is not fixed—it is reduced by half every 210,000 blocks. This mechanism ensures Bitcoin's supply remains limited to a maximum of 21 million coins. Bitcoin’s software has a built-in mechanism for halving, meaning it operates without external control. This decentralised approach means no individual or organisation can alter the next BTC halving date. Each block takes about 10 minutes to mine, meaning a Bitcoin halving event occurs roughly every four years. After Bitcoin launched in 2009, miners received 50 BTC for each block. Since then, there have been four halvings: in 2012, the reward dropped to 25 BTC, in 2016 to 12.5 BTC, and in 2020 to 6.25 BTC. By the Bitcoin split in 2024, the reward for validating transactions had dropped to just 3.125 BTC. When the reward is halved, miners face a significant shift in their revenue model. Their costs for electricity, hardware, and maintenance remain the same, but the number of Bitcoins they earn per block drops. This can force miners to rely more on transaction fees—paid by users who want their transactions processed quickly—or to scale operations with more efficient equipment to stay competitive. This reduction affects more than just miners. As seen in the Bitcoin halving chart above, it tightens incoming supply. Simultaneously, demand often remains steady or grows, creating conditions that have historically preceded significant price movements. However, halving doesn’t directly alter the network’s functionality—transactions continue as usual. When is the next Bitcoin halving? The upcoming Bitcoin halving cycle is forecasted in 2028, reducing the reward for transaction validation to 1.5625 BTC. What Happens After Bitcoin Halving? Bitcoin halving events often create ripple effects across the entire ecosystem, and historical trends provide valuable insights into what typically follows. One of the most notable outcomes has been significant price volatility. After previous halvings in 2012, 2016, and 2020, Bitcoin experienced substantial price increases within the following 12-18 months. For instance: - Bitcoin Halving 2012: BTC rose from about $12 to over $1,000 within a year. - Bitcoin Halving 2016: It increased from $650 to roughly $20,000 by late 2017. - Bitcoin Halving 2020: BTC surged from $8,000 to an all-time high of over $60,000 in 2021. That stands true for the Bitcoin halving in 2024. Bitcoin price after halving in 2024 rose from around $64,000 in April to almost $100,000 in November. Explore BTC’s movements post-halving with live Bitcoin CFD charts in FXOpen and TradingView. Market sentiment tends to shift sharply around halving events. Increased media coverage highlights the reduced supply rate, often drawing retail traders and new participants into the market. This heightened attention can lead to speculative trading, with traders positioning themselves in anticipation of price changes. However, this speculation also increases short-term volatility, as not all price movements reflect genuine demand. In the long run, halving events have reinforced Bitcoin’s standing as a deflationary asset. Reduced supply growth can contribute to higher valuations, provided demand remains consistent or increases. Institutional participants, including investment funds and corporate treasuries, often use halving as a rationale for deepening their Bitcoin holdings. These organisations view Bitcoin’s scarcity model as a hedge against inflation or a unique store of value, further boosting demand after halvings. That said, some analysts argue that the halving effect is less pronounced over time. Since halvings are widely known, they claim the event is "priced in" as traders factor it into their strategies well in advance. Rather than an immediate spike, it can take several months or longer for the historical pattern of price increases to materialise. Broader Implications for the Crypto Market BTC halving events don’t just impact Bitcoin, they often send ripples throughout the entire cryptocurrency market. As Bitcoin dominates the market in terms of value and influence, its performance post-halving can set the tone for other digital assets. Historically, when Bitcoin experiences a price surge after a halving, altcoins tend to follow suit as investor confidence and liquidity increase across the sector. This isn’t purely speculative. Increased attention to Bitcoin during halving events often draws new participants into the market. Some, intrigued by Bitcoin’s supply narrative, also explore alternatives like Ethereum or other blockchain projects. This heightened activity can lead to innovation within the space, as projects aim to capitalise on the influx of interest. Halving events also tend to highlight the decentralised nature of blockchain systems, reinforcing the economic models behind many cryptocurrencies. Investors and developers often revisit the mechanics of other coins, such as those with their own deflationary models or differing consensus mechanisms, sparking new discussions about long-term value. Additionally, Bitcoin halvings often coincide with periods of increased media coverage and regulatory scrutiny. Governments and institutions are likely to evaluate their stance on cryptocurrencies during these high-visibility events, potentially influencing adoption rates and legislative developments across the industry. Risks and Challenges Surrounding Bitcoin Halvings While Bitcoin halvings are often associated with excitement and long-term potential, they also come with their share of risks and challenges. These events can create significant uncertainties, not just for Bitcoin but for the broader market. Increased Volatility Halvings frequently spark increased speculation, resulting in significant price fluctuations. Traders positioning themselves ahead of a halving can cause sudden surges, but profit-taking afterwards might lead to equally rapid declines. This volatility can make short-term market conditions challenging to navigate. Speculative Bubbles The media hype around halvings often attracts inexperienced traders chasing quick returns. This influx of speculation can inflate prices beyond sustainable levels, increasing the risk of market corrections once the excitement fades. Potential Market Saturation Critics argue that the halving narrative may lose impact over time as the market matures. With halvings widely anticipated, their effects might be increasingly priced in, reducing their influence on Bitcoin’s value. Regulatory Attention Halvings tend to amplify Bitcoin’s visibility, which can invite heightened scrutiny from regulators. Unclear or restrictive regulatory developments during or after a halving could dampen market sentiment. The Bottom Line Bitcoin halving is a key event that influences the supply, demand, and pricing trends within the cryptocurrency market. Its implications reach beyond Bitcoin, influencing the broader ecosystem and potential trading opportunities. Whether you're analysing historical trends or exploring market sentiment, halvings remain essential to understanding Bitcoin's unique economic model. To trade Bitcoin CFDs and take advantage of potential market opportunities in other cryptocurrencies, consider opening an FXOpen account today and trade with tight spreads, low commissions, and a wide range of technical analysis tools. FAQ What Does Bitcoin Halving Mean? Bitcoin halving is an occurrence where the payout miners earn for validating transactions on the network is slashed in half. There’s a Bitcoin halving every 4 years, or after 210,000 blocks are mined, designed to control Bitcoin’s supply. By reducing the issuance of new coins, halving ensures BTC remains scarce, with a maximum supply capped at 21 million. When Was the Last Bitcoin Halving? The last Bitcoin halving was in April 2024. After the halving, payouts decreased from 6.25 BTC to 3.125 BTC per successful block validation. What Happens When Bitcoin Halves? When Bitcoin halves, the rate at which new coins enter circulation decreases. This often impacts supply dynamics, miner revenues, and market sentiment. Historically, these milestones have been followed by increased price activity, heightened volatility, and greater media attention. Will BTC Go Up After Halving? Historically, Bitcoin’s price has risen in the months and years following a halving. However, while past performance shows this trend, the market’s future behaviour depends on factors such as demand, adoption, and broader economic conditions. When Is the Next Halving of Bitcoin? So when will Bitcoin halve again? The upcoming BTC halving is anticipated around April 2028. At that point, the payout for validating transactions will fall from 3.125 BTC to 1.5625 BTC. At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
BITSTAMP:BTCUSDEducation
by FXOpen
1
Bitcoin Looking for more upsideAfter revisiting a daily bullish order block with a liquidity sweep, Bitcoin demonstrated a strong upward reaction, forming a bullish breaker and a potential daily fair value gap (FVG). However, Bitcoin has not yet closed above the midpoint of the FVG. For me, it’s crucial to wait for a close at least above that level, or ideally above the shaded area. Such a move would present a solid opportunity to target the all-time high and the 113K level as a low-hanging fruit.
Long
by SeifAbassi
3
Bitcoin - Waiting to buy Bitcoin keeps retesting $91k area and forming a clear support line. There is a strong anticipation for the price to break above $100k and starts a parabolic leg up for the Bitcoin bull cycle. In am very careful in a situation like this to open a long position because there are a log of traps. Yesterday's daily candle held $91k support line but now the price is coming down again. Usually the clear support line like this doesn't hold that neatly. I have a feeling the price will have another quick dip below it before going up. My general bias for Bitcoin is bullish but I think there are a lot of bull traps along the way. It is a perfect condition for market makers to make money by liquidating leverage positions. It is exhausting mentally to open a long position and go through the volatile price moves. So I rather take a conservative position and wait for the right set up to come up in the weekly and daily charts as below: 1) weekly stochastic (9,3,3) lines to cross and start to roll back up. Weekly stochastic gives me a good idea about how the price in the daily chart will travel. 2) draw a descending trendline in MACD and RSI in the daily chart and wait for the lines to cross (must cross!!) and break and close above the descending trendline. Ideally, MAC lines enter the bull zone (above0) and the first green histogram appears. There are many IFs, but based on my past experiences, when these conditions are met, it removes a lot of market noises (removes mental anguish) and the price moves smoothly in the direction of my bias.
CRYPTO:BTCUSDLong
by EbonyFalcon
BTCUSDT Analysis: Preparing for a Critical Zone TestThe 4-hour chart of BTCUSDT reveals a textbook retest of key levels following a sharp breakdown from the resistance near $105,268 . This move is consistent with a broader bearish structure that began forming after rejection at $108,366 . The current trajectory suggests Bitcoin may continue its downward momentum toward a high-probability liquidity zone between $85,883 and $89,510 . Here's why this area deserves close attention: Technical Breakdown: 1. Descending Trendline Rejection: The price recently respected the long-term yellow descending trendline, emphasizing the strength of sellers around $102,934. 2. Support Zones: Immediate support at $96,920 has seen a weak bounce, increasing the likelihood of deeper retracements. A stronger accumulation zone lies between $85,883 and $89,510 (highlighted in orange), which aligns with historical demand zones and Fibonacci retracement levels. 3. Bearish Momentum: The rapid fall post-breakout indicates strong bearish momentum, confirmed by increasing sell volumes on key levels. Any short-term pullback toward $96,436 or $98,000 could serve as an opportunity to position for further declines. 4. Indicators and Risk Management: Divergence signals suggest momentum exhaustion, and traders should anticipate potential short-term volatility. Use tight stop-loss placements and avoid overleveraging. For this setup, a stop-loss above $98,920 is recommended to limit risk. Trade Plan: Short Opportunity: If BTC retraces to $96,436 or $98,000, consider entering short positions with targets in the $89,510–$85,883 range. Stay vigilant and be prepared to pivot based on price action near critical levels. *** Final Note: Remember, no strategy is foolproof. Always consider market risks, manage positions carefully, and align trades with your broader portfolio strategy. Let the price action guide your decisions.
Short
by DegenTrader100X
3
BitcoinPossible scenarios - The charts below present an Elliott Wave analysis on the daily time frame. January is typically a month for corrections, and this January, the price appears to be pulling back into wave 4, with significant support at the 0.3 to 0.5 Fibonacci levels. It seems likely that there will be a quick final leg down, with a potential maximum decline of 15%, which could cause many alt-coins to lose value. However, considering that we are still in a bull run, this correction may be shallow, potentially bottoming out around the 88k to 90k range. - Blue and white support perfectly matched the targets for C wave and wave 4. I can not ignore the fact that sometimes C can length on the same level where wave A is (forming double bottom) - If I zoom in or out on the chart, I might see a potential Head and Shoulders (H&S) pattern with a target of $77,000. However, the structure of this H&S pattern isn't perfect, and I've noticed that such patterns are often not very reliable, especially with Bitcoin (BTC). If we consider these patterns, it's also worth noting that a weekly H&S is forming to the upside, targeting an increase of over $200.K.
by denispeshevski
Bitcoin Idea!"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
COINBASE:BTCUSD
by Golden_candle
1
"Bitcoin Price Prediction: $30K TargetThis analysis uses historical Bitcoin price patterns during previous bull and bear cycles to predict future market movements. The chart reveals a recurring pattern of sharp corrections following parabolic rises, suggesting that Bitcoin is likely heading toward a $30K price point in its current bearish phase. By aligning current trends with past cycles, this prediction provides a roadmap for investors to navigate potential market downturns and prepare for upcoming opportunities.
INDEX:BTCUSDShort
by sarvarbekabdupattoyev
7
Technical Analysis: Bitcoin (BTC) – Regular Bearish DivergenceTechnical Analysis: Bitcoin (BTC) – Regular Bearish Divergence Hello! T he recent technical analysis for Bitcoin (BTC) highlights the presence of a regular bearish divergence between the price and the Relative Strength Index (RSI) indicator. This divergence, marked by the yellow lines on the chart, signals a potential reversal in the short-term trend and suggests a bearish outlook for the coming days or weeks. Understanding the Divergence A regular bearish divergence occurs when the price of an asset forms higher highs, while the RSI forms lower highs. This indicates weakening momentum, even as the price reaches new peaks. The yellow lines on the TradingView chart clearly illustrate this pattern for Bitcoin. Price Action: Bitcoin has recorded higher highs on the price chart. RSI Behavior: The RSI indicator, however, has failed to mirror this pattern, instead forming lower highs. This discrepancy points to diminishing bullish momentum and the likelihood of an upcoming price correction. Short-Term Bearish Implications Given the regular bearish divergence, Bitcoin’s price is expected to experience a pullback in the short term. Traders should be cautious, as this divergence often precedes a period of downward movement. Key support levels, such as $93,000 and $92,000, should be monitored closely to assess the depth of the correction. Long-Term Bullish Outlook While the short-term trend leans bearish, the long-term perspective for Bitcoin remains bullish. Several macroeconomic factors, including increasing institutional adoption, favorable regulatory developments, and a growing use case for cryptocurrencies, continue to support the long-term upward trajectory of BTC. This macroeconomic backdrop suggests that any short-term price corrections could present buying opportunities for long-term investors. Key Takeaways The yellow lines on the TradingView chart highlight a regular bearish divergence between Bitcoin’s price and the RSI indicator. This divergence signals a likely short-term bearish trend, with a potential price correction on the horizon. Long-term trends remain bullish, supported by macroeconomic factors and Bitcoin’s robust fundamentals. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions. Regards, Ely
BITSTAMP:BTCUSDShort
by Elysian_Mind
Bitcoin Elliott Wave Signals Potential Corrective Phase TargetsLooking at the recent BINANCE:BTCUSDT chart through the lens of Elliott Wave Theory, we can observe a clear and compelling price structure. The market has completed a textbook Impulse Wave pattern (1-5), with Wave 5 reaching a notable peak around 109,000 USDT. This aligns perfectly with Elliott Wave principles, where Wave 5 typically extends beyond the peak of Wave 3, which is exactly what we witnessed. The market has now transitioned into a Corrective Wave pattern (A-B-C). We've already witnessed the completion of Wave A's downward movement, followed by Wave B's characteristic short-term rebound. Currently, price action suggests we're in Wave C, which traditionally implies further downside potential. Particularly noteworthy are the three projected target levels for Wave C: 87,847 USDT 82,270 USDT 66,149 USDT These targets align beautifully with Fibonacci retracement levels, a tool that consistently demonstrates remarkable synergy with Elliott Wave Theory. The lowest target at 66,149 USDT could represent a significant base formation, especially if selling pressure intensifies in response to market conditions. The chart's notation of "Wave(C) OnSet" is significant, indicating we're entering the initial phase of Wave C. This wave could potentially extend to any of the three target levels in the near term. As the price approaches these projected levels, we might see the emergence of a new bullish cycle. I anticipate that if the BTC price drops below 90k, the significance of the Corrective wave (C) across all three levels will become even more pronounced. This could indicate substantial selling pressure, making any potential recovery in the upcoming period more challenging. However, prudent analysis requires careful attention to support level confirmations and corresponding trading volumes at each target. In practical trading scenarios, price movement doesn't always reach the lowest projected targets. Wave C might be truncated, or conversely, could extend beyond our projections. This underscores the importance of incorporating additional technical analysis tools to form a comprehensive trading strategy. This wave structure presents an intriguing setup, and it will be fascinating to observe how price action develops in relation to these projections. Remember that successful trading requires a holistic approach, combining wave analysis with other technical indicators and careful risk management.
by hapharmonic
2
BTC/USD "Bitcoin" Crypto Market Heist Plan on Bearish Side🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the BTC/USD "Bitcoin" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📉 : You can enter a short trade at any point, however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest high level. Goal 🎯: 90,000 Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Short
by Thief_Trader
Bitcoin's Rally Loses Steam: A Reversal Pattern Takes Shape● Bitcoin reached a record high of approximately $108,390, driven by strong bullish momentum. ● However, the rally was short-lived as intense selling pressure kicked in, triggering a rapid decline to $92,500 and erasing some of the recent gains. ● The frequent price fluctuations are likely to form a Head & Shoulder pattern, a bearish pattern that indicates a potential trend reversal and further downside. ● A sharp decline is expected if Bitcoin breaches below $91,500.
COINBASE:BTCUSDShort
by NaranjCapital
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
Bitcoin | First Line of DefenseBitcoin's first line of defense lies within the blue boxes, marking potential areas of interest. However, there are currently no significant demand zones, making it more prudent to wait for upside breakouts on lower timeframes before considering a buyer's position. Given the uncertainty around the depth of the ongoing correction, it's wise to maintain some cash reserves to adapt to market movements effectively. Patience and careful observation will be key in navigating this phase. 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.P: 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 ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active
Long
by XU99
btc long"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
COINBASE:BTCUSD
by Golden_candle
Navigating Bitcoin BTC Bull Market: $120k+ After CorrectionHello, Skyrexians! Tonight Bitcoin has printed another one leg up and touched our previous final target at $107k without correction. What does it mean? It means that targets for this bull run are going to be much higher. Anyway, the warning sign of correction is about to be flashed. Let's try to understand what is happening! On the daily time frame we market the Elliott waves. Taking into account the maximum value of Awesome Oscillator (AO) current growth is still wave 3 because price reached new high but divergence on AO has happened without zero line cross. It means that currently BINANCE:BTCUSDT is printing wave 5 inside major 3. The big warning is the potential red dot printed by the Bullish/Bearish Reversal Bar Indicator , to see the confirmation we need to wait daily close, so everything can be changed. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . After printing red dot previously we have seen the drops in most of cases, so now it can be wave 4. Wave 4 has the target at 0.38-0.5 Fibonacci level. We suppose that price reach $86k and find support there for the new impulse to the upside. If we assume that wave 3 is finished here and wave 4 will be finished at the pointed out target, the wave 5 has the target zone between $120k and $140k. Anyway, it can be easily recalculated, we will update you with all changes. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
by Skyrexio