BTC Market Cycle | Repetitive and Predictable Market CycleThe Bitcoin market cycle can be easily predicted by studying historical data. Whenever you seek an idea of where the market is heading, you can always look at the past to gauge the future. However, this doesn't guarantee that the predictions stated here will unfold exactly as described; it's a PREDICTION, not a fact.
Let's examine the chart displayed here. The market cycle repeats itself every four years, with our chart divided into four cycles, the fourth being the current cycle we are in. Every four years, Bitcoin undergoes a major event known as Halving, where the number of blocks containing Bitcoins is halved every four years. We started with 50 Bitcoins released in a block every 10 minutes; in 2012, that amount was reduced to 25 BTC. In the following cycle, it was halved again, and this will continue to happen every four years until all Bitcoins are mined. Currently, we are heading towards the fourth halving event, which will see the number of blocks released reduced to 3.125 BTC.
Due to this event, the price of Bitcoin appreciates in value every four years. This is driven by supply and demand, as fewer Bitcoins are mined than in the previous four years (reduced supply), creating scarcity and increasing demand. The mining difficulty also increases, causing miners to be reluctant to sell the Bitcoins they've mined, contributing to the price increase.
On our chart, we have three completed cycles that look almost identical. The cycles consist of a bull market where the price experiences a significant increase, followed by a bear market where the price drops in the range of 80–85%. This is followed by the first expansion, where we see a slight price increase, followed by the first accumulation phase. Prices move up and down within a specified range during this phase, also known as the consolidation phase. We then move on to the second expansion and the second accumulation, usually forming just before or within the halving period.
This not only shows us that the market cycles are similar but also allows us to predict future events. At the time of writing this, we are three months away from the fourth halving, and it appears we have entered the second accumulation phase, as seen in the past three cycles. Prices should trade in a specified range for a few months after the halving. When you examine the halving events on the chart, you can observe that we usually enter the bull run somewhere between 6 to 8 months after the halving. Based on that, we can predict that the next bull run will start between October and December 2024, lasting until the fourth quarter of 2025.
In the past, the cycles have been accurate, and we can expect the same unless a global catastrophic event occurs, as seen in March 2020 during the COVID-19 pandemic. In that phase, there was no second expansion as all markets crashed. It is my opinion that this led to the bull run not reaching its full potential. Had we experienced the second expansion, the price would have moved slightly higher before the second accumulation phase, leading to an extended bull run pushing the price near or above $100k.
My price prediction at the end of the cycle, assuming world events stay normal, is to see Bitcoin in the range of $120–150K.
What do you think the price of Bitcoin at the end of 2025 will be? Like, share, and feel free to leave a comment. Let me know if you agree or disagree with this analysis.
Bitcoinsignal
🗺️Bitcoin Roadmap🗺️⏰(Daily time frame)⏰👋Hi, everyone.
📈Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a short-term view of Bitcoin regarding the technical analysis . (Please 🌹🙏 respectfully🙏🌹 share if you have a different opinion from me or other analysts).
✅As I expected, Bitcoin started declining from 🟡 Potential Reversal Zone(PRZ) 🟡 after the SEC approval of Bitcoin ETFs . ( In previous posts, I warned you several times that Bitcoin is near the end of its upward trend. )
🏃♂️Bitcoin has been moving in an Ascending Channel for more than a year , and as long as Bitcoin is moving in this channel, we can still hope for the rise of Bitcoin.
⚔️Currently, Bitcoin is attacking the 🟢 Support zone($39,000-$37,000) 🟢, SMA(100) and Support line for the first time . Of course, it seems that Bitcoin will NOT succeed in breaking this zone .
📚 Assets generally do NOT break Support and Resistance zones for the first time.
🌊According to the theory of Elliott waves , Bitcoin seems to have completed five impulse waves in 🟡 Potential Reversal Zone(PRZ) 🟡and is now starting to form new corrective waves .
🔔I expect an upward trend in the coming days and at least an increase in the 🔴 Resistance Zone($43,800-$43,000) 🔴. (Bitcoin has had a high trading volume of around $43,400 , which indicates an important resistance for Bitcoin ).
❗️⚠️Note⚠️❗️If the Daily Candle closes below the 🟢 Support zone($39,000-$37,000) 🟢, we can expect further falls for Bitcoin.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
🗺️Bitcoin Roadmap🗺️⏰(1-hour time frame)⏰🧐Bitcoin seems NOT to have decided to fill the 🔵 CME Gap($40,325-$39,290) 🔵 at the moment and will probably fill this gap in the next drop .
🌊From the theory of Elliott waves , it seems that Bitcoin has completed 5 downward waves , and we should wait for corrective waves .
💡Also, we can see Regular Divergence(RD+) between Consecutive Valleys .
🔔I expect Bitcoin to go UP in the coming hours and break the 🔴 Resistance Zone($42,200-$41,780) 🔴 in front of it, and have a minimal increase until the end of wave 4 .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin Ready to Increase 🚀➕10%🚀↘️After the SEC approved the Bitcoin ETFs , we saw that Bitcoin has lost more than ➖16% of its value so far ( Buy the Rumor, Sell the News ).
✅As I shared in previous posts , Bitcoin started falling from 🔴 Heavy Resistance Zone($52,100-$45,800) 🔴 as I shared with you.
🌊According to the theory of Elliott waves , Bitcoin went through wave 5 with the Expanding Ending Diagonal , and it seems that Bitcoin has already started corrective waves .
🌊Bitcoin has confirmed the end of wave 4 by breaking the Lower line of the ascending channel.
🔔I expect Bitcoin to complete its wave 5 when it fills the 🔵 CME Gap($40,325-$39,290) 🔵 and then rebounds( ➕10% ) to around $43,500 .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
🚨Bitcoin is Ready to GO DOWN again🚨🏃♂️Bitcoin is moving in an Ascending channel with a low slope of 4 days .
🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($43,720-$43,100) 🔴 and near the upper line of the Ascending channel .
🔔I expect Bitcoin to move to the lower line of the ascending channel again and possibly break this channel.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin can go UP by Descending Broadening Wedge Pattern🚀✅Bitcoin started to pump after the approval of ETFs by the SEC , but the technical analysis zones are still working, and I showed you all the movements of Bitcoin in the previous post .
🏃♂️Currently, Bitcoin is still moving in the 🔴Heavy Resistance Zone($52,100-$45,800)🔴 and the bottom of the ascending channel , but I expect Bitcoin to make another temporary rally .
🚀It seems that the formation of a Descending Broadening Wedge Pattern can be a sign of the increase of Bitcoin.
🔔I expect Bitcoin to go UP to at least the 🎯 zone 🎯 it indicated on the chart after breaking the upper line of the wedge pattern .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin Scenarios for the Future Hours🧐👋Hi, everyone.
🌐Today, I want to explain to you the possible scenarios for Bitcoin; during the last week and the beginning of the new year 2024 , Bitcoin has been affected by the News , and we have seen Pumps and even Dumps , so before the SEC decision In the case of Bitcoin ETFs , it is better to trade a little more carefully . That's why I didn't consider Short or Long labels for this post.
🌐In general, ➕ Positive News ➕ about the approval of ETFs outweighs the ➖ Negative News ➖.
📚This positive news caused the Fear & Greed Index to re-enter the Extreme Greed zone(76) for the first time in 2/5 years . Of course, maybe you are Greedy too😊.
📈We can use technical analysis tools to analyze Bitcoin in the current situation to help us predict the future of Bitcoin.
⚔️Bitcoin is attacking the 🔴 Heavy Resistance Zone($52,100-$45,800) 🔴 for the second time .
🏃♂️If we look at the Bitcoin chart in the 1-hour time frame , we will find that Bitcoin has been moving in the Ascending Channel(Black) for about 7 days . However, on the daily time frame , Bitcoin is moving in an Ascending channel(Blue) .
💡In terms of divergence, Regular Divergence(RD-) can be seen between successive peaks of Bitcoin, but Bitcoin has already proven that this type of Divergence is definitely NOT the reason for a return , and at least we can understand that soon Bitcoin will enter a correction ( it is likely that Bitcoin will still With these divergences, the price will increase by about 20% .
🌊According to the theory of Elliott waves , Bitcoin seems to have completed one of its impulsive/correction waves above the lines of ascending channels and 🟡 Potential Reversal Zone(PRZ)($48,180-$47,250) 🟡. ⚠️I have two scenarios for the waves that I will share with you after the approval/disapproval of Bitcoin ETFs ⚠️.
💡Before concluding, let's take a look at Market Cap BTC Dominance% (BTC.D%) and Market Cap USDT Dominance% (USDT.D%) charts.
🔸 Market Cap BTC Dominance% (BTC.D%) :
After the positive news about Bitcoin ETFs , investors started investing more in Bitcoin, causing BTC.D% to go up for days. Currently, BTC.D% is moving in the 🟡 Potential Reversal Zone(PRZ) 🟡and near the Resistance line , and I expect this investor greed to end in the 🟡 Potential Reversal Zone(PRZ) 🟡 or 🔴 Heavy Resistance Zone(60%-%57) 🔴. Then, we will see a decrease in the strength of Bitcoin in the cryptocurrency market. We can see this decrease in the strength of Bitcoin after the final news of the SEC subsides.
💡 Tip : Until the return of BTC.D% is confirmed, it is better to invest less in Altcoins. 👇
🔸 Market Cap USDT Dominance% (USDT.D%) :
USDT.D% is moving in the 🟢 Heavy Support zone(5.80%-5.20%) 🟢, and it is attacking this zone for the first time, I expect that even if bitcoin ETFs are confirmed, USDT.D% will NOT break the🟢 Heavy Support zone(5.80%-5.20%) 🟢 and the Support line at least for this attack and at least until the 🔴 Resistance zone(6.70%-6.30%) 🔴 starts to increase, because there is a possibility that even after the approval of Bitcoin ETFs, the cryptocurrency market will enter a correction. 👇
🔔As a result, I expect Bitcoin to fall to the Fibonacci levels I marked on my chart in the coming hours ahead of the SEC approval/disapproval of Bitcoin ETFs . If it is confirmed , it will attack the upper lines of the ascending channels and 🟡PRZ🟡, and if it is not confirmed or even postponed in the vote, Bitcoin will lose the 🟢 Support zone($44,800-$44,160) 🟢 and ascending channel(Black) .
❤️In the end, here is some advice for you as a little brother:
🔸TradingView website has provided us with a suitable space to transfer our analysis, so it is better to use it and not waste our time on destruction or ugly comments.
🔸If you have any comments, please share them with respect.
🔸No analysis is 100%, so if you use analysis as an investment, it is better to follow capital management and take responsibility for it yourself.
🔸Please don't look at the words of Celebrities about the price of Bitcoin and other Altcoins as an investment; check their past, and the truth will be clear(These days they are hot).
🔸I hope we can use TradingView to increase our capital and knowledge.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
🗺️Bitcoin Roadmap🗺️(15-minute time frame➡️RR>3.00)🏃♂️Bitcoin is moving near the 🔴 Resistance zone($44,800-$44,160) 🔴 and Inside the Ascending Channel .
🌊According to Elliot's wave theory , wave 3 ended near 50_SMA(Daily) , and now we have to wait for the confirmation of the end of wave 4 .
🌊It seems that the structure of wave 4 is the Double Three Correction(WXY) .
🌊With a lower line of ascending channel broken , we can confirm the end of wave 4 .
🔔After breaking the lower line of the ascending channel, I expect Bitcoin to Fall at least to the 🟢 Support zone($40,900-$40,200) 🟢 and complete wave 5 ( wave 5 can even be truncated) .
❗️⚠️Note⚠️❗️: If Bitcoin can break the 🔴Resistance zone($44,800-$44,160)🔴, the scenario will change
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
🗺️Bitcoin Roadmap🗺️(🥳Happy New Year 2024🥳)🥳 Congratulate to everyone on the year 2️⃣0️⃣2️⃣4️⃣.
🙏I hope the new year is full of good things for you , your family , and your friends .
💸My wish for you is health first , success in business and personal life in the next step, and a pocket/wallet full of dollars .
🚀Bitcoin made good growth at the start of the New year(2024) , and one of the main reasons for its growth is the possibility of approving the Bitcoin ETF on Tuesday and Wednesday . (It reminds me of the " Buy the rumor, Sell the news " correction).
🏃♂️Bitcoin is currently moving near the 🔴 Heavy Resistance Zone($52,100-$45,800) 🔴 and the Resistance line .
🌊Regarding Elliott wave theory , Bitcoin seems to complete microwave 3 of the main wave 5 .
🔔I expect Bitcoin to drop to the 🟢Support zone($44,800-$44,170)🟢 after the completion of microwave 3 of the main wave 5 and then start to rise again to the end of main wave 5 (zone/$48,200-$46,620) .
🎉 In the end, I hope you have a Nice Holiday.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin Analysis✈️(Three Rising Valleys Pattern)✈️✅Bitcoin reacted well to 🟡 Price Reversal Zone(PRZ) 🟡, as I had expected in the previous post .
🔨Currently, Bitcoin has managed to break the Resistance lines and is completing a pullback to these lines.
🏃♂️Also, Bitcoin seems to be moving in an ascending channel , and inside this ascending channel , the Three Rising Valleys Pattern can be seen well.
🔔I expect Bitcoin to start rising from the bottom of the ascending channel and continue to rise at least until the upper resistance line or the upper line of the ascending channel .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin is Ready to Go 🚀UP🚀Again🚀Bitcoin started to rise near the 🟡 Price Reversal Zone(PRZ) 🟡.
🌊In terms of Elliott waves , a Zigzag(ABC/5-3-5) Correction in the 🟡 Price Reversal Zone(PRZ) 🟡 appears to have been completed .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect Bitcoin to go UP to at least the 🎯 First Target 🎯 I marked on the chart after breaking the Resistance lines .
❗️⚠️Note⚠️❗️: If Bitcoin can break the 🟡 Price Reversal Zone(PRZ) 🟡, the scenario will change.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin Analysis(🦀Bearish Deep Crab Harmonic Pattern🦀)🏃♂️Bitcoin is moving in the 🔴 Resistance zone($43,500_$42,800) 🔴 and near the Resistance line and inside the Ascending Channel .
🌊According to the theory of Elliott waves , Bitcoin seems to be completing a Zigzag(ABC/5-3-5) correction in the ascending channel so that wave A has an Expanding Leading Diagonal .
💡Also, Bitcoin has managed to form a 🦀 Bearish Deep Crab Harmonic Pattern 🦀.
🔔I expect Bitcoin to start falling after breaking the lower line of the ascending channel .
❗️⚠️Note⚠️❗️: If Bitcoin breaks the Resistance line, the scenario will change.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin Analysis (↗️Long↗️/↘️Short↘️Position)🏃♂️After failing to break the Support line , Bitcoin started to rise and is currently moving in the 🟢 Support zone($42,780-$42,280) 🟢.
🌊In terms of Elliott waves , Bitcoin seems to be completing microwave 4 .
🌊The structure of microwave 4 is Double Three Correction(WXY) .
🔔I expect Bitcoin to rise to the upper areas of the 🔴 Resistance zone($43,720_$43,340) 🔴 and then start to decline again .
🧐 What was the reason for the growth of Bitcoin in the last 24 hours❗️❓
🔸 The first news of the receipt of the spot Bitcoin ETF application file by the Swiss company Pando is 3 weeks after this company's request by the SEC, which made many people hope for the approval of Bitcoin ETFs.
🔸But receiving the file does not mean approval and it is part of the standard process of reviewing ETFs by the US Securities and Exchange Commission (SEC).
🔸The second positive news is the listing of ARK 21Shares spot ETF in DTCC broker, which has caused this positive news to affect Bitcoin.
❗️⚠️Note⚠️❗️: The scenario will change if Bitcoin can close a candle in the 4-hour time frame above the Master Candle.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin Analysis 🕯(Master Candle)🕯👋Hi, I hope you have a great weekend.
📚It is better to know that candles are considered as passports for charts. Candles alone or together ( candlestick patterns ) can convey concepts to us that help us identify price trends, and these patterns are in higher time frames , more volume and closer to standard patterns , the more valid they will be.
📉Today, I want to analyze the Bitcoin daily candles for the last week , which, along with the previous analysis, may help us identify the Bitcoin trend .
🕯If you look closely at the candle from five days ago in the daily time frame , you will see a candle with a red body , long and high volume , which contains five candles so far. The name of this candle is Master Candle .
📚 What is Master Candle ❗️❓
🔸 There are different ways of looking at this trading strategy, but in its simplest form, a Master Candle is a candle which contains the highs and lows of at least the next four candles after it. It can be applied to forex, gold, oil , crypto, stocks, and indices.
🔸 When a Master Candle forms, a trade is taken if the High/Low breaks , taken of course in the direction of the break.
💡Also, candles number 2 , 3, and 4 together and on the 🔴 Resistance zone($43,560-$42,780) 🔴 form the Evening Star Candlestick Pattern , which is one of the bearish reversal patterns .
💡Another point that may give us more insight into the value of this Master Candle is that this Master Candle is the longest and most voluminous daily Bitcoin candle since Bitcoin started its rally at $25,000 , and the other point is that this Master Candle has appeared at the top of the ascending channel and near the 🔴 Resistance zone($51,500_$45,340) 🔴 and the Regular Divergence(RD-) between two consecutive peak s can be seen.👇
💡Finally, before making a better conclusion, let's take a look at the weekly candlestick . The weekly candlestick has also formed a Hanging Man Candlestick Pattern near the 🔴 Resistance zone($51,500_$45,340) 🔴 and above the ascending channel . Hanging Man Candlestick Pattern is a bearish reversal pattern .👇
🔔As a result, I expect Bitcoin to decline and at least fill the 🔵 CME Gap($40,325-$39,290) 🔵 before falling to the 🟢 Support zone($39,000-$37,000) 🟢, given the Master Candle's red body and other analyses I shared with you earlier.
❗️⚠️Note⚠️❗️: If Bitcoin can break the High($43,810) Master Candle upwards, we can expect Bitcoin to rise to the 🔴 Resistance zone($51,500_$45,340) 🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
🗺️Bitcoin Roadmap🗺️👋Hi, everyone; I hope you all have a positive Portfolio these days (be happy).
✅Bitcoin managed to break the 🔴 Resistance zone($38,650-$37,000) 🔴 [ In previous posts, my resistance zone was 🟡Price Reversal Zone(PRZ)🟡 ] and Important Resistance line during the weekend. However, this zone was not expected to break on Saturdays and Sundays when trading volume was generally low .
🏃♂️Bitcoin is moving on Important Resistance lines , Monthly Resistance (3) . It is interesting to know that all previous stations were on monthly pivots in the last two to three days.
🌊According to Elliott's wave theory , Bitcoin is on its way to completing the main wave 5 .
🌊If we want to look more closely at the waves, Bitcoin is currently completing microwave 3 of the main wave 5 .
🌊 Microwave 4 of microwave 3 of main wave 5 can end on one of the 23.6%($42,730) and 38.2%($41,676) Fibonacci lines.
💡 On-chain data shows that many Bitcoins have been purchased in the range of $45,000 and that medium-term Bitcoin holders are at a loss until now. If the price reaches this area, it is possible that a large number of holders will want to sell their Bitcoins at Breakeven !
🔔I expect Bitcoin to make the first attack on the 🔴 Heavy Resistance zone($52,130-$45,840) 🔴 to complete microwave 3 of the main wave 5 . It is also likely that the first 🔵 CME Gap($40,325-$39,290) 🔵 will be filled after completing the main wave 5 .
📚There are at least 🔵6 CME Gaps🔵 that Bitcoin has not yet filled; generally, over 98% of these gaps have been filled in Bitcoin.
📚 Elliott waves include a series of Rules and Guidelines that you can analyze and predict the road map of the price. In general, in the theory of Elliott waves, you are faced with several scenarios that you should find the correct scenario with the help of other technical analysis tools and fundamental analysis and try to identify the correct scenario from the false scenario.
❤️In the end, here is some advice for you as a little brother:
🔸 TradingView website has provided us with a suitable space to transfer our analysis, so it is better to use it and not waste our time on destruction or ugly comments.
🔸If you have any comments, please share them with respect .
🔸 No analysis is 100% , so if you use analysis as an investment, it is better to follow capital management and take responsibility for it yourself.
🔸Please don't look at the words of Celebrities about the price of Bitcoin and other Altcoins as an investment ; check their past, and the truth will be clear(These days they are hot).
🔸I hope we can use TradingView to increase our capital and knowledge .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
🗺️Bitcoin Roadmap🗺️(15-minute time frame)🏃♂️Bitcoin is moving near the 🔵 CME Gap($40,325-$39,290) 🔵 and Support line .
🌊In terms of Elliott wave theory , Bitcoin seems to have completed its 5-wave downtrend near the support line.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect Bitcoin to Go UP at least until the end of wave 4 and at the next target of the 🔴 Resistance zone($43,180-$42,820) 🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
🚨Bitcoin is Ready for Correction🚨✅Bitcoin moved as I expected in previous posts and was able to touch the upper line of the Ending Diagonal again ( MicroStrategy helped in this movement by buying $600 million of Bitcoin).
📚The Ending Diagonal Pattern ( Elliot's point of view) is the same as the Rising Wedge Pattern ( Classical Analysis point of view).
🌊According to the theory of Elliott waves , Bitcoin is at the end of the main wave 3, so to complete this wave, microwave 5 of the main wave 3 had an Ending Diagonal structure.
💡In my opinion, the Ending Diagonal Pattern is standard so that the Fibonacci ratios are consistent with this pattern, as well as Regular Divergence(RD-) between Consecutive Peaks .
🔔I expect Bitcoin to start falling after breaking the lower line of the Ending Diagonal Pattern and Support lines and at least fall to 🟢 Support zone($36,000_$35,280) 🟢 or maybe Fill the lower 🔵 CME Gaps 🔵.
❗️⚠️Note⚠️❗️: If BTC can break the 🟡PRZ🟡, the Scenario will change.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
🗺️Bitcoin Roadmap🗺️⏰(1-hour time frame)⏰💡Bitcoin tried many times to break the 🟡 Price Reversal Zone(PRZ) 🟡 but failed every time.
🌊In terms of Elliott wave theory , Bitcoin seems to have found microwave 5 of the main wave C at the 🟡Price Reversal Zone(PRZ)🟡 and the upper line of the Rising Wedge Pattern .
💡One of the confirmation signs of our wave counting can be the presence of Regular Divergence(RD-) between two micro waves 3 and 5 of the main wave C.
🔔I expect Bitcoin to attack the Support lines and the lower Rising Wedge Pattern line after breaking the 🟢 Support zone($38,000_$37,650) 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
$BTCUSD Long to 40KThe current analysis of BTCUSD suggests a discernible momentum shift, indicating potential trading opportunities. Our proprietary indicator, Cristallu ( w.aritas.io ), reinforces this observation, recommending entry points at 37,700-37,800. This strategic entry is accompanied by a Take Profit (TP) target at 40,500 and a Stop Loss (SL) set at 0.23% of 37,800. It's essential to monitor the market closely for updates and adjust positions accordingly.
The context of the Bitcoin market is further enriched by insightful analysis on TradingView:
.As discussed in your analysis, the imminent introduction of Bitcoin Exchange-Traded Funds (ETFs) is a pivotal factor to consider. ETFs have the potential to significantly influence market sentiment, introducing both opportunities and risks.
The anticipation of Bitcoin ETFs underscores the importance of a nuanced approach to trading. While the market may experience heightened volatility and increased trading volumes, strategic entries and exits can be leveraged for optimal results. Your analysis on TradingView provides valuable context, emphasizing the need for caution and vigilance.
As we navigate the dynamic cryptocurrency landscape, it's crucial to stay attuned to market developments, incorporating both technical indicators like Cristallu and broader market trends such as the potential impact of ETFs. This comprehensive approach ensures a well-informed and adaptive trading strategy, aligning with the ever-evolving nature of the cryptocurrency market.
Trading Bitcoin | Buy Orders | Elliott Wave (Mar 2020) - Part 1BTC/USD (weekly) has been labeled within a Cycle Degree wave III starting point.
Cycle Wave II (black) has been called as the bottom during Dec 2018, unleashing the Crypto Bull Market.
Primary (2) (green) hit the bottom in December 2019.
Cycle II (black) Structure - Double Flat
Dec 2017 peaks and down until Dec 2018 bottoms - Cycle II (black)
Primary 1 (blue) Sequence - Impulse
Break-out and confirmation of a bullish sequence.
Primary 2 (blue) Structure - Correction
Descending Channel unfolding within a complex Triple Three sequence.
Next expected swing
Bullish Impulse, with a rally in the 3 of 3's, of a Primary degree.
Levels in focus: $7800 & $5550.
Dominant Trend
Bullish Impulse (Rally) presenting an Extension towards $35K and then beyond.
Structure Change
Primary 2 (blue) invalidation is at $3122.28.
Bitcoin Nearing the 35,000 Mark is ImminentAfter encountering significant resistance near the 38,000 level, BTC showed resilience by rebounding from its established support zone around 35,000 📉. However, this rally was short-lived as it faced a setback at the 100 SMA line, redirecting its course back to the 35,000 region 🔄. The sustainability of the 35,000 support is now a critical factor for Bitcoin's next directional move. It remains uncertain if this support can hold, but its role is crucial for any potential upward momentum 📈. We'll continue to monitor this closely and provide bi-daily updates on Bitcoin's price action. Stay connected for the latest insights.
Best regards,
GreenCrypto
Bitcoin will ⚔️Attack⚔️ to Heavy Support Zone⏰(1-Hour)⏰✅Bitcoin seems to have succeeded in forming an Ascending Broadening Wedge Pattern .
🌊Regarding Elliott waves , corrective waves in the Ascending Broadening Wedge Pattern follow the Double Three Correction structure(WXY) .
🔔After breaking the lower line of the wedge pattern, I expect Bitcoin to fall at least to 🟡 Price Reversal Zone(PRZ) 🟡and break the 🟢 Heavy Support zone($27,600-$27,300) 🟢.
❗️ Note ❗️: Corrective waves can continue; we can Confirm the end of corrective waves in the 1-hour time frame after breaking the 🟢 Heavy Support zone($27,600-$27,300) 🟢.
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🌐➕ Positive News ➕🌐:
Satoshi Nakamoto (Bitcoin creator) woke up after 5 years! (in Twitter).
Ethereum Futures ETFs Debut on Low Volumes.
Blockchain finance to grow into $79.3B market by 2032
CBDC lays foundation for new global monetary system: French central bank.
Elon Musk Believes Fiat Money is a Scam.
Hong Kong Stock Exchange launches settlement platform powered by smart contracts
🌐➖ Negative News ➖🌐:
Peter Schiff: ‘We Are Still Early in the Biggest Bond Market Crash in U.S. History’.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Bitcoin Analysis: Seeking Profit with 1:2 Risk-Reward RatioAfter the short-lived spike under 25400 horizontal support (also for a very short time under 25k), Bitcoin started to reverse reaching the 27.500 mark.
A new drop followed, but buyers sustained the price at 26k.
At this moment a possible higher low could be in place and, in the short term, we could see more upside.
That being said, I'm looking to buy dips in search of a trade with more than a 1:2 risk: reward ratio considering a rise to test the important horizontal resistance from 28.500.
Negation comes with a drop under the recent low.
