#LINK $ $ #Chainlink $ 14''Ecosystem $ #Cryptocurrencies #link#LINK A technical analysis review that can be considered a leading reference to the change in ''Current market structure and crypto cycle''. The target price tags on the #LINK chart are my crypto exit plan. In this regard, we are in the 5th wave leg that supports the last rise, we will follow possible price movements.
Bitcon
By the end of this year, Bitcoin will grow only slightly more.Bitcoin is at the end of a two-year uptrend and the $110,000 range is the end of this trend.
The impact of Trump's election on Bitcoin's growth will be before he enters the White House.
After that, we will have a 3-4 month downtrend.
The current price of Bitcoin is around $100,600
I will post an analysis of the downtrend after reaching the $110K range.
@JalilRafieefard
December 07, 2024
Bitcoin’s 1.5-2 year downtrend has begun. (Phase 1)As predicted in the previous analysis, Bitcoin saw its two-year price ceiling at around $109K when Trump entered the White House, and Bitcoin will have downtrend for about a 1.5-2 year.
This decline will have 3 phases, which I have shown in the first phase chart in 3 stages.
As you can see in the chart, in the first phase, Bitcoin will fall to around $81K and then rise again to near the price ceiling. But in my opinion, it will not be able to create a new price ceiling and will have a heavier decline towards the $50K-$60K range.
@JalilRafieefard
February 18, 2025
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin remains in a neutral, range-bound trend, currently trading below a key resistance zone. At this point, two potential scenarios could unfold:
1. Bullish Scenario:
If Bitcoin breaks above the resistance level with strong momentum, it could confirm a continuation of the uptrend. A confirmed breakout would present an opportunity to enter long positions strategically.
2. Bearish Scenario:
If Bitcoin fails to break the resistance, a rejection could lead to a pullback toward lower support levels. In this case, waiting for a clear breakout confirmation before entering buy positions would be the prudent approach.
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Bitcoin's Next Move? Key Levels to Watch Based on Market Trends!🚀 Bitcoin's Next Move? Key Levels to Watch Based on Market Trends!
📊 Bitcoin has entered a crucial consolidation zone between $92,805 and $103,757. Will it break out to new highs or drop sharply? Let’s analyze the technical and fundamental factors driving BTC’s next move!
📈 Technical Analysis: Critical Price Levels
🔹 Resistance & All-Time High (ATH)
- Bitcoin recently hit an ATH of $109,356 (Jan 2025) but faced strong rejection near the upper boundary of the Primary Ascending Channel.
- The price is currently consolidating between $92,805 - $103,757, forming a critical decision zone.
🔹 Bearish Breakdown Scenario
- A daily close below $92,800 would confirm a bearish breakdown.
- This could lead to a strong drop toward the first support level of $79,579 and further down to $71,400.
🔹 Bullish Breakout Scenario
If Bitcoin breaks above $103,757, it could signal a continuation toward ATH levels at $109,356 and potentially new highs beyond $120K.
📰 Fundamental Analysis: Market Sentiment & BTC News
📢 Bitcoin Funding Rate Turns Neutral! What Does This Mean?
- The funding rate on top exchanges has turned neutral, meaning that longs and shorts are now balanced after recent volatility.
- Historically, when BTC neutralizes funding after a strong rally, two scenarios usually play out: 1️⃣ Bullish Accumulation: A period of sideways movement before another breakout.
2️⃣ Sell-Off Risk: Weak bullish momentum leading to a sharp correction.
🔥 This news aligns perfectly with our $92,800 support level—if BTC holds above it, we could see another rally. But if it breaks below, expect a deep correction!
📢 Final Thought: Watch These Key Levels Closely!
💥 Above $103,757 → Bullish breakout → Next target: $109K+
⚠️ Below $92,800 → Bearish breakdown → Targets: $79K & $71K
✅ Will Bitcoin break above $103K or drop to $79K?
✅ Comment your BTC price target below! Let’s discuss! 👇🔥
🚀 Do you think BTC will break above $103K or drop to $79K? Comment your thoughts below! 👇🔥
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin remains in a neutral and range-bound trend, currently trading below a key resistance zone. At this stage, two possible scenarios can unfold, as illustrated in the analysis:
1. Bullish Scenario: If the price successfully breaks above the resistance level, it could signal a continuation of the uptrend. In this case, entering long positions after a confirmed breakout would be a more strategic move.
2. Bearish Scenario: If Bitcoin fails to break the resistance, a rejection could lead to a decline towards lower levels. Therefore, it is advisable not to enter buy positions until the breakout is confirmed.
Don’t forget to like and share your thoughts in the comments! ❤️
BTC/USDT Breakout Riding the Descending Triangle for Dual TPIn this setup, I executed a long position on BTC/USDT at 97835.6 BINANCE:BTCUSDT USDT after identifying a breakout potential within a descending triangle pattern. The price was compressing against the descending resistance, and I anticipated bullish momentum as it approached a critical convergence zone.
Key Elements of the Setup:
Descending Triangle Breakout:
The price was forming lower highs while respecting a strong support area near 97,711 USDT. I positioned my entry slightly above this support after spotting bullish pressure building up near the triangle's apex.
Support & Resistance Analysis:
The support zones between 96,601.1 USDT and 97,711 USDT provided a solid base for the price, showing multiple rejections of lower levels.
Several weak resistance levels ahead were identified, but the strong bullish momentum suggested the price would overcome them, making it favorable for a breakout.
Risk Management:
My stop loss is strategically placed at 95,854.9 USDT, below the support zone, to protect against a false breakout while minimizing risk exposure.
The setup provides a favorable risk-to-reward ratio, giving the trade room to breathe without exposing it to unnecessary losses.
Take Profit Strategy:
Take Profit 1 at 100,965.9 USDT, just below a major resistance level at 101,735.4 USDT. This ensures profit is secured before encountering strong selling pressure.
Take Profit 2 at 102,380.7 USDT, targeting the upper resistance, capitalizing on the full potential of the breakout if momentum remains strong.
Conclusion:
This trade combines technical pattern recognition (descending triangle breakout), key support and resistance mapping, and disciplined risk management. By entering near a strong support with a clear breakout structure, the goal is to ride the bullish wave and secure profits at predefined resistance levels.
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin is still struggling with its key resistance zone, showing signs of weakness in continuing its upward movement. Based on the current price structure, we anticipate a short-term correction towards the identified support level.
If the support holds and a rebound is confirmed, the uptrend could regain strength, with the first target in this scenario being the $115,000 zone.
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Bull cycle is not over yet ! (but I am not buying or selling)Bitcoin (and the rest of the crypto market) look very bearish. I am starting to hear and read "the end of the cycle" in youtube and x. I can see the reason why. 4H, daily and even 5D chart look pretty bearish.
However, the weekly setup of momentum indicators make me think it is still too early to say the bull market is over.
Please look at the blue dotted lines in the chart. These areas have very similar setups.
1) All momentum indicators are in the bull zone.
2) It looks that MACD lines are about to cross but haven't. There are many occasions where they look like they are about to cross to the downside but they just touch and resume to the upside. MACD is a very slow moving indicator. It is not very useful for intraday trading, but for the higher time frame (daily, weekly etc), it removes a lot of market noises and is very reliable.
3) The RSI based MA line (orange line in RSI) is still sloping upwards. This line ignores market noises. If the angle of the line is sloping up, the price tends to continue to trend upwards until it starts to change its angle.
4) Stochastic is moving downwards, however, there is a sign it is rolling back to the upside. Stochastic is the fastest reacting indicator among the three. So it provides an early sign of what may be coming.
At this stage, I will not be selling my BTC. (I mean I will not open a long term short position) until I see a clear sign of the trend reversal in the daily or weekly timeframe.
P.S. A lot of price manipulation happens on weekends so in general I won't make a big decision based on the weekend price action.
Bitcoin, BTC, BearishDespite the abundance of positive news and expectations, I would say it's more probable for Bitcoin to dive down to fil the LVN area between 77K and 86K to rebalance the price offerings there and quickly return to POC level at around 97K.
The asset will always move quickly through an LVN area and only stabilize or "park" at a HVN or POC levels, but the problem with the next HVN for BTC is that it's too low, around 65K, which although not impossible yet not probable.
Short
As long as the Double Top pattern remains intact, the market is likely to continue its downward trajectory, potentially targeting the 75,000 level. This pattern suggests a strong reversal signal, and if the price doesn't break above the neckline, the downside target of 75,000 seems increasingly probable.
However, if the Double Top is invalidated and the market breaks above the highs, that would indicate a shift in momentum. Even in that case, I’m still not seeing much upside potential. The FOMO (Fear of Missing Out) seems to have already driven prices higher, and this is often where retail traders get caught—buying into the market at peak levels, just before a potential pullback. Historically, this is when retail traders tend to go wrong, as they buy into the hype and end up holding during the inevitable market drop.
Therefore, I continue to advocate for being on the sidelines or even shorting the market against the high that was established when the market touched 108,000. If the market does break the Double Top and pushes higher, the next resistance zone would likely be around the 115,000 level. However, even in that scenario, I expect the price to eventually retrace and drop back towards the 75,000 area, forming a deeper correction.
btcI don't know why this is in my mind.
If it breaks the green support, first make sure that the break is real and this drawing will be canceled. And be sure to check that the break is not fake
The next topic is the one-hour time frame, which I see as a resistance in the orange line. And maybe it wants to make a similar move like the blue line. This is just an opinion and should not be the basis for your buying and selling.
btc 70,000$ !!!First of all, send me a private message for any advice on investment, trading, buying, gold, etc.
I can trade with your basket. Making big profits😎😎💲💲💲.
Bitcoin analysis:
Bitcoin seems to have to retest the level it struggled to break for nearly 230 days.I mean the price is 70-73 thousand dollars
As much as the amount of good news is good, but the price should increase in real terms
Wait for 70😉😉😉
WHEN WILL BTC TOP OUT?Most of people are trying to catch the exact BTC top. Remember to not let the FOMO to get you. Now, it's not the time to buy BTC, because i think it will range between $88.000 to $111.000 for the next months. I think it is possible that BTC will top out around May/June, and will slowly start to reverse this summer. Later this year, around October/November, will start to accumulate shorts below $90.000, and this will be a sign to add more shorts. Main bear target is $40.000
The Dollar Falls While Bitcoin & Gold Moves Up Hey there,
So in today's Midweek Market Review, we discuss whats been happening lately in these markets, highlighting the impact of Trumps inauguration, while also explaining the recent run on Gold and the New highs on Bitcoin.
Be sure to check out this weeks market review commentary for more insight and ideas on how to best position yourself for these markets moving forward.