Get started

Btc!

ADAUSD - From this simple chart, whole crypto market bullish?While its not necessary obvious to guess next move on BTC, some alts like ADA can help a lot ADA made a rebound on the weekly 200MA on the 20th of December, that mark was also a support from the previous high made in feb 2024 and another support on feb 2022 as we are talking with big timeframes, chances for the asset to go under 20th December lows are very unlikely (but still possible), making the WHOLE crypto market still very bullish what now ? We can easily revisit ATH at 3, the faster we reach it, the higher we can go next 3 possibilities : February, April or September not financial advice Cheers
Long
by Investwine
BITCOIN What lies ahead after this correction? The DXY x-factor.Bitcoin (BTCUS) is having in the past 2 weeks the technical correction is should based on the previous Bull Cycle. As you can see, since the U.S. elections it has rallied aggressively past its previous All Time High (ATH), same way it did in December 2020. ** Bitcoin and Doge during 2020 ** At the same time, the alt coin market was mostly consolidating in preparation of a bullish break-out. A representative example of such behavior would be Dogecoin (DOGEUSD) as seen in orange on this chart, which during BTC's December 2020 rally, it was consolidating/ pulling-back (green circle) from an initial rally. However it remained significantly below its previous ATH, the same way it is now. ** The DXY decline sparking crypto rallies ** Notice the U.S. Dollar Index (DXY), displayed by the green trend-line on this chart. Right now it is has been rallying in the past three months, at the same time as Bitcoin has. In the previous Cycle in 2020, it hit a top during the COVID March 2020 market crash and with the smashing of the Interest Rates, it started a Channel Down decline that backed perfectly Bitcoin's rally. We has the exact same DXY-backed rally during Bitcoin's 2017 Bull Cycle. As a result, we are seeing a paradox on the current Cycle: BTC entering its most aggressive phase (Parabolic Rally) of the Bull Cycle and rallying despite DXY rising. That is attributed of course to a large extent to the huge ETF inflows (something that wasn't present in 2020). ** Overdue DXY decline? ** This leads us to believe that an overdue decline on the DXY, just as the Fed has initiated a new cut Cycle (as they did during the COVID crash), will push Bitcoin and especially the alts market, including Doge, to a new rally. Of course DXY's decline may not be as aggressive this time, as the stimulus shouldn't be that high (especially with Powell's recent remarks on a 2 rate cut expectation in 2025 instead of the previous projection of 4), but it could be enough to spark the final BTC rally of the Bull Cycle and the much anticipated Altseason. So do you think the market will rally once more on a potential 'delayed' DXY drop? 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
11
Bitcoin (BTC/USDT) Analysis. BTC appears to be trading within an ascending channel. The chart shows a bullish medium-term structure. The price is currently testing the lower trendline support within the channel. A crucial support area is marked between $94,000 – $92,000 (green area). This is a crucial level for a bounce. Any break below this support could invalidate the channel and lead to further upward pressure. Resistance lies around $100,000 – $102,000 (orange area), which has been tested multiple times. A breakout above this level could spark a bullish push towards the upper trendline of the channel or new highs. For updates on other coins or personalized insights, feel free to reach out via DM. @Peter_CSAdmin
Long
by CryptoSanders9563
DAY 7 - Daily BTC UpdateThe Holidays have slowed the markets - for now. I've introduced a third potential scenario for Bitcoin (BTC), which is bearish and might see the price retesting the DAILY 100 Moving Average near $80K. Although this scenario seems less probable given the current market sentiment, where large corporations and businesses are actively accumulating, it's crucial to consider all possible outcomes to avoid the pitfalls of an "up-only" mindset prevalent in bullish markets. Remember, corrections are healthy and contribute to the robustness of the overall market pattern. After yesterday's positive momentum shift, we've again seen a lull in the market and increased sell pressure as the US gears up for tax season. The recent price movements in Bitcoin indicate an adjustment to overbought conditions following the election, with technical indicators suggesting a continuation of the bearish trend in the short term unless there's a significant influx of buying support. Keep an eye on these developments, as they could dictate the next moves in Bitcoin's price trajectory. Trading Tip: As we have no confirmed direction currently - One effective strategy during volatile periods like this can be the "Dollar-Cost Averaging (DCA)" approach. Instead of trying to time the market, you regularly invest a fixed dollar amount, regardless of the asset's price. This method reduces the impact of volatility by spreading out the purchase price over time. For Bitcoin's current scenario: Set a regular schedule: Decide to buy a fixed amount of Bitcoin weekly or monthly. Stay disciplined: Avoid investing more when prices seem low or less when they're high. Consistency is key. Long-term perspective: DCA works best if you hold for the long term. It allows you to benefit from the average price over time rather than trying to predict short-term movements. This approach can mitigate the risk of entering the market at peak prices and can lead to purchasing more units when prices are low, potentially lowering your average cost per Bitcoin over time. Remember, while DCA can smooth out the volatility, it does not guarantee profits and should be part of a broader investment strategy considering your risk tolerance and financial situation! Thanks for following the 7 Days of BTC updates, and if you want these Daily - links are in my Bio :)
by LisaNEdwards
1
GRTUSDT : Market Sentiment and Trade Analysis BINANCE:GRTUSDT : 24-Hour Market Sentiment and Trade Analysis I spend time researching and finding the best entries and setups, so make sure to boost and follow for more. Market Overview (Last 24 Hours): - BINANCE:GRTUSDT has activated the entry price at $0.2392, showing bullish potential as trading volumes and on-chain metrics increase. - Recent momentum in altcoins suggests growing retail interest, which could drive price action further toward the take-profit levels. Technical Overview: - Support Levels: $0.2000, $0.0740 (Stop-Loss) - Resistance Levels: $0.8527 (TP1), $1.8007 (Long-Term TP2) - Indicators: RSI is climbing steadily but remains below overbought territory, while MACD shows sustained bullish momentum. Fundamental Catalysts: - On-Chain Metrics: Increased transaction volume and wallet activity signal growing adoption and investor interest in BINANCE:GRTUSDT . - Tokenomics Overview: GRT’s staking rewards and decreasing circulating supply continue to support scarcity-driven value. - Community Sentiment: Social media platforms reflect positive sentiment for GRT, especially as part of broader AI and blockchain narratives. - Liquidity: Current trading volumes provide favourable conditions for significant price movements. Scenario Planning: - Bullish Scenario: Sustained momentum could see BINANCE:GRTUSDT reaching TP1 ($0.8527) and possibly the long-term target TP2 ($1.8007). - Risk Scenario: Broader crypto market corrections or declining trading volume could test the SL at $0.0740. Trade Setup: - Entry Price: $0.2392 (Activated) - Stop-Loss: $0.0740 - Take-Profit Targets: - TP1: $0.8527 - TP2 (Long-Term): $1.8007 When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
Long
by SiriusTrading
The Impact of KULR's Investment & Israel's Bitcoin Mutual FundsThe cryptocurrency market, particularly Bitcoin ( CRYPTOCAP:BTC ), has seen significant movements recently, influenced by both institutional buying and regulatory developments. Two key events stand out: KULR Technology Group's substantial investment in Bitcoin and the upcoming launch of Bitcoin mutual funds in Israel. Technical Analysis: Bitcoin experienced a notable "spiral movement," reaching a peak of $99,000 before a sharp 4% dip, settling at around $95,481.85. This volatility can be attributed to immediate market reactions to news like KULR's purchase of 217.18 BTC for about $21 million. The Relative Strength Index (RSI) at 44 indicates a potentially weak growth pattern, suggesting that Bitcoin might be overbought in the short term, prompting traders to be cautious. The 24-hour trading volume of over $46 billion points to significant interest, yet the downward trend in price despite high volume might signal profit-taking or a shift in market sentiment. This could be interpreted as a consolidation period following a rapid ascent, with investors possibly waiting for more clarity or another catalyst. The current trend for Bitcoin appears weak, as observed from the RSI and the market's reaction to new institutional investments. This might suggest a period of stabilization or correction is on the horizon before the next potential bull run. Institutional Adoption KULR Technology's decision to allocate up to 90% of its surplus cash into Bitcoin, following in the footsteps of giants like MicroStrategy, underscores a growing trend of corporate treasuries diversifying into cryptocurrencies. This move not only legitimizes Bitcoin as an asset class but also potentially influences its price through increased demand. Regulatory Developments in Israel The introduction of six Bitcoin mutual funds in Israel, set to launch on December 31, 2024, is a pivotal moment for crypto investments in the region. This development aligns with global trends where regulatory clarity often leads to increased institutional investment. The funds, managed by well-known firms, will offer investors a regulated, less volatile way to gain exposure to Bitcoin, potentially driving further adoption and demand. The U.S. SEC's approval of spot Bitcoin ETFs earlier in the year has set a precedent, showing that with regulatory support, Bitcoin can attract significant institutional capital. Israel's move might follow this path, enhancing the perception of Bitcoin as a legitimate investment asset, not just a speculative one. Economic Implications By allowing transactions in shekels, these funds bridge the gap between traditional and digital finance, making Bitcoin more accessible to the average investor. This could lead to broader economic implications, including increased liquidity for Bitcoin and possibly influencing the digital shekel's development. Conclusion: The combination of KULR's bold investment strategy and Israel's innovative approach to Bitcoin through mutual funds paints a picture of a maturing market. Technically, Bitcoin might be facing short-term headwinds, but fundamentally, these developments suggest a robust future. Investors should watch for how these factors play out in terms of price stability, regulatory responses, and further institutional involvement. The narrative around Bitcoin continues to evolve from a digital currency to a recognized financial instrument in both corporate and national strategies.
COINBASE:BTCUSDLong
by DEXWireNews
BTC - Will Bitcoin Hold or Fold?Bitcoin has enjoyed a bullish 2024, reaching an all-time high (ATH) of 108K. However, the recent price action indicates a shift in momentum, with the market entering a phase of consolidation and correction. For the past 40 days, BTC has ranged between 90K and 108K, with the critical psychological level of 100K now acting as resistance. The structure of an ABC corrective pattern following a 5-wave downward impulse suggests the market is transitioning into a short-term bearish phase. Key Levels and Patterns: 1.) Head and Shoulders Pattern: A bearish Head and Shoulders pattern has formed, with 90K serving as the neckline. Once 90K is broken with significant volume, it will confirm the pattern, potentially accelerating the move downward. The target for this pattern aligns closely with the previously identified support zone at 84K–80K. 2.) Resistance at 100K: The psychological barrier of 100K has flipped to resistance, making it a critical level for bulls to reclaim. A sustained break above 100K with strong volume would indicate a possible trend reversal. 3.) Support Zone (84K to 80K): Multiple confluences align between 84K and 80K: Fibonacci Retracement (0.618): The 0.618 retracement level from the recent impulse low to the ATH is at $82,694.88. Trend-Based Fibonacci Extension: The 1:1 extension of the ABC correction points to 84K. Anchored VWAP: Calculated from the significant low at 52.5K, the anchored VWAP aligns near 81K. Fibonacci Speed Fan: The 0.618 speed fan from 52.5K to the ATH intersects around 80K, reinforcing this support zone. 4.) Liquidity Below 90K: The current range-bound movement has likely trapped many long positions above 100K, creating significant liquidity below 90K. A breakdown below 90K could trigger a liquidity sweep, driving prices rapidly toward the support zone at 84K–80K. Current Market Dynamics: Volume Analysis: Decreasing volume within the range highlights weakening bullish momentum. Confirmation of support at lower levels will require a substantial increase in buying volume. Bearish Momentum: The head and shoulders pattern, coupled with the ABC correction, signals bearish momentum that may persist into early to mid-January 2025. Neckline Support at 90K: A break below 90K would confirm the head and shoulders pattern, acting as a catalyst for further downside. Next Steps and Outlook: Short-Term Bearish Bias: Bitcoin is expected to continue its downward correction, with the head and shoulders neckline at 90K serving as a key pivot point. A confirmed break would likely drive BTC to the 84K–80K support zone. Long Opportunity at Support: Should BTC reach the identified support zone, it presents a high-probability long setup. Entry should be contingent on confirmation through: Increased buying volume. Bullish candlestick patterns (e.g., hammer, engulfing). Alignment with key moving averages and other technical indicators. Mid-Term Recovery Potential: After the correction, Bitcoin may resume its bullish trajectory. Key factors to monitor include: Reclaiming 100K as support. Overall market sentiment and macroeconomic conditions.
Short
by SiDec
Bitcoin Analysis==>>Bears' Turn for Selling Pressure!!!As I expected , Bitcoin ( BINANCE:BTCUSDT ) rose to the Resistance zone($100,000-$98,130) , the lower line of the ascending channel and 100_EMA(4H TF) . According to Elliott's wave theory , Bitcoin is completing wave 4 . The structure of wave 4 is Double Three Correction(WXY) . Also, the Volume of candles that brought Bitcoin up to the Resistance zone($100,000-$98,130) is not significant for me. I expect Bitcoin to at least fall to the Support zone($95,890-$95,540) . And if the support zone breaks, we can expect another attack on the Support zone($95,000-$90,870) and 50_SMA(Daily) and fill the CME Gap($94,435-$93,935) . ⚠️Note: If Bitcoin goes above $100,000, we should expect more PUMPS.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; 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.
Short
by pejman_zwin
32
BTC Bitcoin Among My Top 10 Picks for 2025 | Price TargetIf you haven`t bought BTC Bitcoin before the recent breakout: My price target for BTC in 2025 is $125K, driven by the following fundamental factors: Regulatory Developments Favoring Adoption: The anticipated regulatory shifts in the United States are expected to create a more favorable environment for cryptocurrencies. With the potential for pro-crypto policies under a new administration, including the establishment of Bitcoin as a strategic reserve asset by major nations, investor confidence is likely to increase significantly. Analysts suggest that such developments could drive the total cryptocurrency market capitalization from approximately $3.3 trillion to around $8 trillion by 2025, with Bitcoin poised to capture a substantial share of this growth. Increased Institutional Demand through ETFs: The launch of Bitcoin exchange-traded funds (ETFs) has already begun to transform the investment landscape for Bitcoin, making it more accessible to institutional and retail investors alike. Following the successful introduction of multiple Bitcoin ETFs in 2024, analysts project that inflows could exceed $15 billion in 2025, further boosting demand for Bitcoin. This increased accessibility is expected to drive prices higher as more investors seek exposure to the asset class. Supply Constraints from Halving Events: Bitcoin's supply dynamics are fundamentally bullish due to its halving events, which occur approximately every four years and reduce the rate at which new Bitcoins are created. The most recent halving in April 2024 has led to a significant reduction in supply inflation, creating scarcity that historically correlates with price increases. As demand continues to rise while supply becomes more constrained, this fundamental imbalance is likely to support higher prices. Growing Adoption as a Store of Value" As macroeconomic conditions evolve, including persistent inflationary pressures and potential monetary policy easing, Bitcoin is increasingly viewed as a viable store of value akin to gold. This perception is bolstered by its finite supply and decentralized nature, making it an attractive hedge against inflation. Analysts suggest that as more investors turn to Bitcoin for wealth preservation, its price could see substantial appreciation
Long
by TopgOptions
Bitcoin retreats lower After completing five waves of accelerated rise, Bitcoin is currently entering a correction downward trend. The current price has broken through the rising channel and rebounded at 92,000, which forms a relatively important support level. If the price falls below this support, the next support range may be close to the starting position of the previous rising wave, around 86,000. After the price rebounded to 100,000 points, it was under pressure and formed a double top structure. This position is also the previous long-short dividing line. Therefore, overall, Bitcoin is still in the five-wave correction stage in the short term. If 100,000 points cannot be broken, the upward pressure still exists. If the price is suppressed at this position, buying operations will not be considered in the short term. In the short term, the decline of Bitcoin after the surge is in line with the overall bearish trend. Pay attention to the narrow adjustment of the 97,600-99,500 range above. If it rebounds to this area, you can continue to consider shorting. Downward support can focus on the two key points of 94,800 and 92,600. If you have any different opinions on the market trend, please leave a message and like it. Thank you
Short
by RonPeter_Trading
BTCUSD Daily Inflection Point UpdatePreviously I mentioned the weekly was consolidating, but there is potential for this momentum consolidation to have a breakout leg as momentum shifts and the final emotional price movements are played out. I was too conservative in my price projections; a lot more than I used to be- but there wasn't a whole lot of TA involved- I figured the dollar issues would crop up earlier. Now that the Fed had pivoted. the yields are creeping back up pushing bitcoin back down. The fed doesn't let on just how dire the situation is- and with global tensions rising, the dollar is at significant risk. I expect a broad correction in all the markets- and cash to become very tight. There is daily momentum consolidation- and if any other events occur that send yields upward- bitcoin is likely to suffer as a consequence. If instead we sail into the new year unscathed- then this consolidation may provide another leg up; but a break below 88k and a push towards 60k may solidify bitcoins correction. DAILY WEEKLY
COINBASE:BTCUSDShort
by Mikhiavelli
Bitcoin[BTC] - Do you see a similarity ?#BTC/USD #Analysis Description --------------------------------------------------------------- + Dec 2024 Bitcoin chart looks exactly like the pattern of the Dec-2023 + In Dec-2023 we saw similar channel formation and price broke down from the support line briefly and then bounce back in January. + The same pattern we are seeing now, channel formation completed and price broke down from the support line of the channel. + I'm expecting price to decline further upto 85k zone and bounce back from there. + A bounce back from this zone will push the bitcoin price parabolic. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
BITSTAMP:BTCUSDLong
by VectorAlgo
4
BTC Long-Term Top Signals, Potentially Headed to $32k in 2026Bitcoin is currently exhibiting several long-term top signals, some of which stretch all the way back to 2019. Those include: Wave-D = (C+B)/2 in Time Wave-D = 0.618(B) in Price Waves a, b, c, f, and g are all time-similar forming a perfect diametric First Wiseman signals on Weekly, Monthly charts All three wisemen on Daily charts HUGE long-term momentum divergences on all long-term charts Manic market sentiment following Trump's promises and $100k prices (which he may not keep) I believe a deep, long-term bear market is highly likely from this point. It also appears that the stock market could be falling into a bear market as well. The invalidation for this forecast will be for BTC to make new all time highs. If we can reverse the wisemen signals and long-term time/price targets that have formed that would be extremely bullish, but at the moment that is seeming less and less likely. For now the probabilities are favoring major downside in crypto, stocks, and real estate. There's also other possible targets. While $32k in 2 years is close to the worst case scenario, a drop lasting only a few months and forming a smaller x-wave or something else is also possible. It will depend ultimately how this develops. To confirm a long-term bear market we should hit around $62k by end of Q1. If it takes longer than that, it's possible the bear market won't be as big. Right now, the important thing is that the market is at a clear fork in the road. If it can't push new all time highs then the signals clearly say that we are headed down from here based on the momentum, price action, sentiment and wave counts. How far down exactly can be determined in the future when there's more information.
BITSTAMP:BTCUSDShort
by Intuit
1
ETH/BTC - Once in a lifetime opportunity#ETH/BTC #Analysis Description --------------------------------------------------------------- + ETH/BTC pattern looks exactly like the pattern we have seen before 2021 bull run. + There is some serious is consolidation that we have seen over the years and price is expecting to be bounced back any time now. + I'm expecting the price to move in a pattern which matches with 2020 ETH/BTC pattern. + I'm entering some position now to increase my BTC balance. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
2
Bitcoin - Playing around weak support#BTC/USDT #Analysis Description --------------------------------------------------------------- + Currently bitcoin is trading around its support zone of 95K and this is weak support which held and broke multiple times. + Strong resistance for bitcoin is around 92K, if bitcoin falls to this level, we can expect the support to hold. + I'm expecting a drop in price with a wick to touch 92K and bounce back immediately. + If bitcoin breaks below 92K then we can expect further crash to 80K level. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
2
MicroStrategy Long-Term Top Based on Perfect Fib RatiosSeveral long-term signals on Bitcoin are indicating a potential top including long-term price and time ratios, long-term momentum indicators, as well as wisemen on weekly and daily charts. This made me look more closely at MSTR, which is also exhibiting significant signs of a potential top. Some of these on this weekly chart include: Larger Degree (red boxes) Wave-C = 161.8%(B) in price Wave-C = 138.2%(A) in price wave-C = 100%(B) in time wave-A = 25%(B+C) in time Smaller Degree (green boxes) Wave-c = 50%(a+b) in time wave-c = wave-a in price Complex structure potentially ending with a zigzag Based on all these factors, the chances of a top here are high. However, if we do make new all time highs it would be a good idea to reverse and go long crypto again, as it would likely mean that all these signals are just a MASSIVE bear trap and there could be significant upside left. For now, as long as we remain directly under these long-term price/time targets on both BTC and MSTR, combined with long-term sell signals, the chances of a trend reversal in crypto is high. There's also significant bearishness in virtually all global asset markets right now, which could in a worst case scenario last for 1-2 years, and possibly be worse than 2022. It is difficult to say at this point what the trigger for the coming crash could be, possible chaos surrounding the transition to a new administration, high rates putting pressure on commercial real estate and regional banks, some high profile financial failures, a major war, or something else that i can't predict
NASDAQ:MSTRShort
by Intuit
ZEN - Is It Time for a Correction?It appears that ZEN is in the process of forming a potential ABC corrective structure: Wave A and Wave B Context: Wave A (5 impulsive waves down) is complete, forming the foundation of this corrective pattern. Wave B retracement is currently unfolding, heading toward the golden pocket zone (Fib 0.618 - 0.666). If price extends further to Fib 0.786, this would offer the best short entry with minimal risk and high reward potential. Ideal Short Entry Zone: The golden pocket (Fib 0.618 - 0.666) is identified as the optimal area for initiating short positions. For added precision, consider laddering entries from Fib 0.618 up to Fib 0.786, especially during fast impulses. Wave C Target Zone: The projected Wave C target remains the 1:1 trend-based Fibonacci extension at $24.46, with the following key confluences: Anchored VWAP at $29 Point of Control (POC) from the old trading range Psychological level of $30 Fib speed fan 0.618 aligning with the support zone Trading Plan Short Setup: Ladder short entries in the Fib 0.618 - 0.786 zone, monitoring price action for confirmation. Aim for Wave C completion around the $30-$29 support zone Long Setup (Wave C Completion): Watch for signs of reversal at the $30-$29 support zone, which offers significant confluence for long entries.
Short
by SiDec
11