BITCOIN rally cant get caught anymore and SPXRUT ratio shows whyIt's beyond doubt now that Bitcoin (BTCUSD) has started the new Parabolic Rally (PR), technically the most aggressive phase of the Bull Cycle. We've made numerous analyses in the past explaining on time why we expected this break-out to take place after 7 months of accumulation.
What we bring to you today is the SPX/RUT ratio, the correlation of the S&P500 (SPX) and Russell 2000 (RUT) indices against BTC and how it confirms that this rally will now accelerate to a pace that it won't be easy to get caught (i.e. bought).
The SPX/RUT ratio is displayed by the blue trend-line. The ratio is particularly helpful during Bitcoin's Parabolic Rally phase as their correlation is mostly a negative one, meaning when the ratio falls, Bitcoin rises. On this chart, this correlation is present on a cyclical basis. This means that during every Cycle, it displays a behavioral pattern that is common.
The key characteristic here is the Lower Highs pattern that the ratio forms every Cycle around the Halving time. As you can see, when SPX/RUT peaks (red circle) and starts forming Lower Highs, Bitcoin stars its Parabolic Rally (green arc). On the 1st Lower High, BTC's rally is already underway and has entered the stage where due to the sheer buying pressure and aggression, getting an entry is difficult. The Lower Highs on SPX/RUT also signify a shift from big capitalization stocks to low, i.e. an increasing appetite for riskier assets and that transcends to the Bitcoin market as well.
So what do you think? Does the SPX/RUT ratio indicate that we've started the part of BTC's rally that is hard to catch? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Btc!
BTC at $98K: Counting Down to $100K!Bitcoin is on the verge of a historic milestone, currently trading around $98,000 – and I’m celebrating a bit early because we’re just a stone's throw away from $100,000! 🌟
📈 BTC's Journey to 6 Figures
From humble beginnings in 2009 to becoming a trillion-dollar asset, Bitcoin's growth has been fueled by technological innovation, global adoption, and its status as digital gold.
Key levels along the way: MIL:1K , $10k, $50k – and now approaching $100k!
🌐 The Broader Impact
This milestone isn't just about numbers; it represents Bitcoin's growing legitimacy in traditional finance, its adoption as a store of value, and its integration into global markets.
💬 What’s Next for Bitcoin?
Could this be the start of another bullish phase, or is it time to consolidate?
Let’s discuss potential scenarios and key levels to watch.
🚀 To the moon and beyond!
Let’s celebrate this iconic moment together (a little early).
Share your thoughts, charts, and ideas below! 💬👇
Bitcoin can exit from pennant and rise to new ATH (98K points)Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price rose from 75750 points to 81000 points and then made a little correction. After this, the price made a strong impulse up to the 87700 support level. Also then price started to trades inside the pennant, where it later broke the 87700 level and then tried to grow more, but failed and some time traded between this level. Then BTC bounced from the buyer zone and rose to the resistance line of the pennant, after which at once turned around and made a correction back to the buyer zone. Next, prices not long time traded in this area and later continued to move up inside the pennant. Soon, the price reached the support line of this pattern, and continued to move up near this line and some time later BTC rebounded from this line to the resistance line. A not long time ago, the price turned around and made a small correction, after which in a short time, it backed up. At the moment, the price trades near the resistance line of the pennant. So, I think that BTC can fall to the support line and then rebound up higher than the resistance line, thereby exiting from the pennant pattern. Also, I expect that then price will continue to grow, therefore I set my TP at 98K points. Please share this idea with your friends and click Boost 🚀
How Bitcoin BTC Will Break $100k And What Is Going Next?Hello, Skyrexians!
BINANCE:BTCUSDT is approaching the $100k, which is the key psychological level for many traders. Some traders are wondering how Bitcoin can pump so high, other became believe in $200k, $500k of even one million dollars per coin! For those who follow us it's not surprise that BTC has almost reached $100k from our previous analysis . There we mentioned that crypto asset is finishing the bull run with the wave 5. This wave had the target at $107k and we can define with higher accuracy the wave's end using subways count inside it.
On the daily time frame we can see the potential Elliott Waves counting. Looking at the maximum Awesome Oscillator value we can see that currently price is printing wave 3. This wave has the target with the 1.61, 2.61 or 3.61 Fibonacci extension levels. The first one has been broken, now price is at 2.61 level. Therefore, it can start local correction anytime now. The maximum target is $113k, which has the low probability of reaching in this wave 3.
We want you also to pay attention that Bullish/Bearish Reversal Bar Indicator flashed the green dot just before the growth and at the bottom on August 5 as well. As always, alerts from this indicator can be automatically replicated on exchange account orders. You can find the information in our article on TradingView . We can expect the red dot as a potential reversal sign.
The next dump in our opinion is not going to be the end of this game, Bitcoin shall print wave 4. It has targets between 0.38 and 0.5 level. BTC usually tends to show the short correction, so $79k can be the correction target. After that we expect the final subway of the final wave, which will likely reach our target from previous article at $107k, but the decisive factors are going to be the bearish divergence of the AO and the red dot on our indicator.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
100K The Countdown Begins- We are so close.
- To every Bitcoin holder who has weathered the highs and lows, celebrated the peaks, and endured the troughs—remember, you are not just an investor.
- You are a believer in a decentralized future, a pioneer of financial sovereignty, and a guardian of the idea that true value transcends borders, governments, and time itself.
- Holding Bitcoin is not merely holding an asset; it’s holding a piece of the revolution that will shape generations to come.
Keep the faith, for the future belongs to those bold enough to believe in it.
Thank you to all my followers for constantly inspiring me to share more analyses. Your support means the world—love you all!
PS : This isn’t an analysis. it's a heartfelt congratulations!
Happy Tr4Ding !
Bull flag pattern (with potencial 50% profit R:R 2.6 setup 4BTC)After that BAD NEWS unpredictable shakeout ....
Market was warning us but people rally too much on fundamentals.
a
Bitcoin Bull Flag Formation on the 4-Hour Chart
In the chart displayed, we observe a classic Bull Flag formation in Bitcoin's price action, signaling a potential continuation of the ongoing bullish trend. The pattern consists of a sharp upward movement, forming the flagpole, followed by a period of consolidation within a downward-sloping channel, which forms the flag.
Key Observations:
Flagpole: The initial surge in price that formed the flagpole is indicative of strong buying pressure, suggesting that the bulls are firmly in control.
Consolidation Phase: The price action within the flag is characterized by lower highs and lower lows, typical of a flag pattern. This consolidation is healthy as it allows the market to cool off after the rapid ascent.
Volume Analysis: During the formation of the flag, we observe decreasing trading volume, a common feature of bull flags, indicating that sellers are losing momentum. A breakout from the flag with increasing volume would confirm the pattern and likely lead to another leg up.
Potential Breakout: The upper trendline of the flag is a crucial resistance level. A decisive breakout above this line, especially with a spike in volume, would be a strong bullish signal, potentially leading to a continuation of the uptrend towards higher targets.
Price Targets: If the bull flag plays out as expected, the measured move technique suggests a potential price target equal to the length of the flagpole, projected from the breakout point. This could imply significant upside potential for Bitcoin.
Support Levels: Immediate support is observed at the lower trendline of the flag. A breakdown below this level might invalidate the bull flag and could lead to further consolidation or a bearish reversal.
Technical Indicators:
Relative Strength Index (RSI) is currently in the neutral zone, indicating that there is room for further upward movement before reaching overbought levels.
Moving Averages are sloping upwards, aligning with the bullish outlook.
This setup offers a compelling risk-to-reward opportunity for traders looking to capitalize on Bitcoin’s next potential move. As always, prudent risk management is advised, considering the volatility inherent in cryptocurrency markets.
Cheers
Bitcoin Approaching Upper Channel Resistancehello guys.
Ascending Channel: Bitcoin is trading within a well-defined ascending channel, with support and resistance levels marked by parallel lines.
Upper Resistance Zone: The price is nearing the upper boundary of the channel around $95,784, which may act as strong resistance.
Bullish Momentum: The trend is bullish as Bitcoin has consistently followed the channel upwards, respecting both support and resistance levels.
Potential Pullback: If Bitcoin faces resistance at the upper channel, a pullback towards the midline or lower boundary is possible.
Target: If the price breaks above the upper boundary, Bitcoin could see a further bullish extension around $95,784. However, rejection at this level could signal a temporary correction.
BITCOIN → Bullish run to $100,000. When's the correction?BINANCE:BTCUSD is consolidating after a strong rally. Most likely the token is preparing to go even higher. The target of 95K-100K is getting closer and closer and is becoming more and more realistic. FOMO or managed to get on the northbound train?
The fundamental backdrop is strong. Trump has been a driver for bitcoin and the cryptocurrency market. The phenomenon as a whole is quite interesting.
Bitcoin is coming out of a 9-month accumulation and is strengthening by 34% as part of the rally. Can this rally be even bigger? Yes! And there are bullish premises for that:
Technically, bitcoin is not trying to update the lows. It is forming a smooth, calm and upward movement with gradually updating highs, and in the last two days the price has been accumulating in front of a strong resistance level. An ascending price channel is forming on H1-H4.
The recent 7% retracement of the ATH is nothing more than profit-taking. There are no funadamental and technical reasons for a deep correction yet.
Resistance levels: 91650, 93250
Support levels: 90300, 89200, 87500
At the moment consolidation is forming near 92K. The emphasis is on 91650. A breakdown and consolidation above this area may trigger a continuation of the impulse (rally).
I do not exclude that on the background of reduced liquidity (Saturday/Sunday), bitcoin may test the support area before further growth.
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;)
Regards R. Linda!
Going to 102KToday, guys we show you the longest and shortest our charts.
First one is a monthly time frame, and it shows strategical targets, and the nearest one is 102K. Pay attention that price is coming to historical record of overbought level. This combination significantly increases the retracement chances once 102K target will be reached.
Still, on 1H chart BTC accurately completed our 98K target - butterfly and 3-Drive patterns.
Although downside retracement here is also possible, thus minimal butterfly target is 3/8 pullback to 96.50K area.
But we do not expect that retracement will become more extended. The attractiveness and magic of 100K level strongly acts on the minds of investors, so by all efforts BTC will tend to touch 100K area
BITCOIN: Money on Your Screen? Turn It Into Real Gains at $100K!"Money on your screen won't feed your family." This simple truth serves as a reminder to lock in some short- or mid-term profits. Imho, the price range between $95,000 and $105,000 presents a solid opportunity to take some gains off the table.
For long-term holders, your target prices might be far beyond imagination, but technically, this area offers an optimal spot to secure some profits. At the very least, consider taking partial profits here. Yes, the price could continue climbing, but remember: "Reward yourself and ground your expectations."
Technical Criteria Supporting This Zone:
1. The psychological round number $100,000. A long-anticipated milestone and natural profit-taking level.
2. Channel projection – This method suggests optimal areas for profit-taking, especially when there is minimal or non-historical price action on the left side of the chart.
3. Equal waves within the channel are also indicated inside the green box.
Taking profits isn’t about abandoning the trade; it’s about rewarding yourself for making smart decisions and reducing risk. Prices at these levels are high.
Summary:
Locking in profits in the $95,000–$105,000 range is both technically justified and psychologically wise. This zone aligns with key technical criteria, including the psychological $100,000 level, channel projections, and equal wave measurements. Partial profit-taking ensures you reward yourself while staying grounded, even if the market has more upside potential.
Regards,
Vaido
BTC Q4 and the possibility's Q4 halving year needs to be studied, I expect bitcoin to remain strong while BTC.D finds it top this Q, I expect that the BTC.D will start topping this Q and from that point on leading to money flowing to ALTs instead of flowing to BITCOIN which has been the case since this cycles bottom in NOV 2022.
This post is mainly for myself to look back on.
I have nothing to prove to anyone. BUT MYSELF.
Be Ready For A 20%+ Pullback On BitcoinTraders,
With the 100k psychological resistance almost hit today and just above that our 1.618 Fib Retracement from previous high in 2021 to its low during the bear market, I think it is time we consider some pullback from Bitcoin. I sometimes like to take a look a MSTR to see what it's doing as it often drops clues as to what Bitcoin will do next. Today MSTR dropped nearly 22%. That's interesting because the level of pullback that I have been discussing for Bitcoin is to that 76k price level, around 22%.
I may actually even pull the trigger and short BTC at 100k and then DCA in another load at 102k but I am not sure we'll even get there before we start to pull back.
✌️ Stew
CYCLE4 | Halving Cycle MapperQuick post to demonstrate indicator looking at DCA positions to enter into the bear market and out of the bull market zones. Below 'Cheat Sheet' summary developed based on prior cycle mapping posts and historic reviews of Cycle 1 to 3 for BTC.
Brief structure
* Bull Market Start: 40W post Halving
* Bull Market End: 80W post Halving
* Bear Market (Start DCA Positions): 135W post Halving
DCA Entres (including 135W from halving) = x5 @ 12 weekly intervals
ALT Season incoming $BCH $EOS $LTC $BCH $XRPIn the last month i saw a lot of volume in the very old Altcoins that everybody forgot incoming, like EOS, IOTA, DGB, LTC and a good Alt Season indicator is the BCH Pump. So here we go in the weekly view we wait for a breakout with volumen and with no retest ideal, but in sum good altcoin times are coming soon.
GL & HF
Bitcoin 4 Year Fractal update 2022 I've created this because I've had literally tens of people messaging me asking for an updated chart - There isnt a huge amount to update from the last one- we topped at the right time, wrong price - I've retraced 80-85% and then onward to a price target of 330k.
Trying to predict the price of a relatively new, risk asset in the middle of a pandemic and world war 3 is pretty poinless but this might be a bit of fun to track and its max pain for a lot of people, buying at 69k, seeing it drop into the teens then staying in the 20s for a year will flush a lot of people out...
But like I say, I dont think price can be held that low for long, there simply isnt enough corn and theres a lot of hodlers now.
FTM Long Spot Trade (Trading at Support)Market Context:
FTM is currently trading at a support level, with the price oversold on the 4-hour timeframe. This setup presents a favorable opportunity for a long trade, expecting a bounce from this area.
Trade Setup:
Entry: Around $0.66
Take Profit Targets:
First target: $0.76 - $0.78
Second target: $0.82 - $0.84
Stop Loss: Just below $0.645
This setup takes advantage of oversold conditions and support alignment, with a strong risk-to-reward profile.
My Sentiment indicator gave a wrong signal? (PAID Indicator)market was sideways and i think it sensed it correctly.. but it add the charm when you add 9EMA or 20 EMA...
question : did it give a wrong signal?
Let’s break it down. The exit happened when the price moved out of the green background zone, transitioning into the neutral charting color, typically indicating a lack of momentum. However, we then saw a big green candle, which brought some momentum back. The indicator, thinking the trend could continue, generated a buy signal. But in the very next candle, the price started falling.
so basically when there is no red/green background it means sideways, where momentum, volume is lacking in the trend.
This is the first time I’ve noticed such behavior—a buy signal followed immediately by a downturn. Interestingly, this happened right at the top, where the market essentially trapped traders.
What do you think went wrong? This is why I sometimes incorporate the 9 EMA for exit or 20 EMA for additional confirmation like if price can be bullish again or change momentum. For example, if the market is above the 20 EMA, it generally signals bullishness.
However, I use the 9 EMA in my indicator as an exit signal to maximize profits and ensure timely exits.
Why FET/USD looks like ETH/BTC ??noticed this this morning maybe there is a very simple explication, feel free to share it,
I'm not a pro charter so I'll not be able to put the pic of ETH/BTC directly on the chart but here is it
timeframes are different but there remains proportionals
it's a pattern that consists in :
- a vertical move (early 2024 for FET, early 2016 for ETH)
- a distribution that bring us to a higher low from before that vertical move (Low for FET was 6 august 2024, for ETH/BTC early September 2019)
- a move up that create a inverse H&S, that distribution is the left leg
- another distribution from that previous move that finished this month for both pairs, yesterday was THE low for ETH/BTC if my whole idea is working, it was a local low for FET/USD but this one touched the channel where FET is evolving + it's a 0.5 fib retracement from previous move up
TP 15???¿
$BTC.D dominance again overheated. Time for the Alts to catch upCheck out this chart— CRYPTOCAP:BTC is on fire, but the market? Totally overheated. 🚀🔥
Sure, CRYPTOCAP:BTC dominance had its pump, but now all the indicators are screaming *RED ALERT*:
- **RSI** is overbought with a bearish divergence.
- **MACD** just hit a bearish crossover.
- Sitting pretty (or not) at the **61% resistance**.
Translation? We’re ripe for a (much-needed) dominance correction. Expect CRYPTOCAP:BTC to chill sideways this weekend, with a likely correction kicking off next week.
Now, about those altcoins... 🤔 The memes have already had their moment—most hitting ATHs. But hold up! There's still plenty of action brewing:
CRYPTOCAP:ETH is waiting to pump, all the DEFI ( CRYPTOCAP:RUNE , CRYPTOCAP:UNI etc..) are waiting to pump.
Some great projects are under valuated like CRYPTOCAP:INJ
Also the L2 and L1 haven't pumped yet, think about CRYPTOCAP:AVAX , SEED_DONKEYDAN_MARKET_CAP:MATIC etc...
Ket's start an altseason! Even a mini one, for Christmas!
BTCUSD at 100k. And then what?Sharing an idea about Bitcoin and its potential further path.
Let me know if you agree or not.
CRYPTO:BTCUSD EASYMARKETS:BTCUSD
Disclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BTC thesis with RAG AI by Titan_KarmaThe current investment thesis for Bitcoin (BTC) indicates a strong bullish sentiment, with the price recently reaching $97,400. Given the recent news highlighting the potential for Bitcoin to approach the $100,000 mark, traders are advised to maintain their LONG positions. However, caution is warranted due to profit-taking activities and the possibility of increased market volatility.
Incorporating the last open long price of $97,071.99, it is essential to monitor market indicators closely. The current trading volume of approximately 25,514 suggests active participation, but the mixed long-short ratios indicate a divided sentiment among traders. This necessitates a careful approach to trading decisions, particularly in setting stop-loss orders to safeguard profits.
coinglass_data: Real-time data from Coinglass shows that open interest is increasing, indicating growing market participation. The weighted funding rate remains neutral, suggesting no immediate pressure on either side. Liquidation levels are being monitored closely, as sudden price movements could trigger significant liquidations.
Expert Consultation: Market experts are currently bullish on Bitcoin, with many suggesting that the upward momentum could continue if key support levels hold. Analysts recommend watching for any signs of reversal, particularly if the price approaches resistance levels.
coinmarketcap_data: According to CoinMarketCap, the market cap for Bitcoin is robust, with a liquidity score indicating healthy trading conditions. The recent candlestick patterns suggest bullish continuation, but traders should remain vigilant for potential pullbacks.
sentiment: Sentiment analysis from Augmento.ai indicates a predominantly positive outlook among traders, with many expressing confidence in Bitcoin's upward trajectory. However, caution is advised as sentiment can shift rapidly in response to market news.
binance_data: Technical indicators from TradingView reveal that the volatility index is elevated, and order book dynamics show significant buy walls at current levels. Price action signals indicate a potential for breakout, but traders should be prepared for possible corrections.
In summary, while the bullish trend is evident, it is crucial to implement risk management strategies, including setting appropriate stop-loss levels to protect gains. The historical performance of Bitcoin suggests that maintaining a disciplined approach will be key to navigating the current market conditions effectively.
TRADE RECOMMENDATION
json { "OUTCOME": "HOLD_BUY", "STOP_LOSS": "$95,000.00", "TAKE_PROFIT": "$100,000.00", "CONFIDENCE_LEVEL": "85%", "EXIT_POINT": "$98,000.00", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "above 80", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 11, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
BTC | SHORT TERM | ATH OutlookBitcoin is in the process of making new ATH's and this process is called "price discovery mode".
This basically means that we have no indication of possible resistance or support zones. However, there is one method I like to use for price discovery mode - Fibonacci.
This could hold some key information as to where the price of BTC may possible see some rejection, and where it could bounce from.
If you're keen to see the journey, I made an update on my ENTIRE BTC prediction-roadmap. Find it here:
_____________________
BINANCE:BTCUSDT
Bitcoin moves towards 169KNote: The financial market has risk and this is one of the strong scenarios of Bitcoin, manage the risk so that if the analysis expires, you will not suffer a large loss.
The price movement momentum is strong. This should be a post-pattern movement.
It seems that the Bitcoin triangle, which we have talked about many times before, has come to an end.
This triangle has lasted 1272 days.
The minimum target of this pattern is 0.78% of its biggest wave, which shows us the range of 169K.
It can run towards the target while maintaining the green range.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You