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Btc!

US ELECTION DAY The day is finally here. The world is watching but most importantly the crypto market is watching too. Trump still leads the Polymarket forecast and IMO opinion that would lead into the next phase of the Bullrun, breaking out of the 8 month downtrend and complete the bullflag continuation pattern. If the Democrats win I could see a delay in proceedings, a flush toward the range midpoint after panic before regaining some form of stability going into Q1 2025. In the past no matter who has run America BTC does still see progress, I do think that progress will come quicker with a Republican victory. I'm expecting volatility as always in such a big news release, a release that will overshadow what is normally the most important data release with the FOMC that takes place 2 days away. I would think that this time around it will be less important and a 25bps cut is near enough confirmed anyway. Good luck out there fellow traders!
CRYPTOCAP:TOTAL
by ProR35
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 }
Long
by titankarma
BTC to100K: Riding the Bullish Breakout with Strong FundamentalsBTC is currently showing strong bullish momentum, with both technical and fundamental factors in alignment. The trade aims to capitalize on this momentum towards the 100K level, with a cautious eye on potential selling pressure. Pay attention to the consolidation range, as further upward movement could solidify BTC’s path to the target. Technical Overview: • Trend: We are in a strong bullish trend, trading well above the 200MA, indicating sustained upward momentum. • Breakout & Retest: Recently, BTC saw a breakout and a successful retest, reinforcing this trend. • Range Consolidation: Currently consolidating within a range, with a low at 85K and a high at 93K. I’ve taken a mid-range entry to capitalize on any upward movement within this channel. • Plan: If sellers aggressively push the price above the 85K level, I will consider reentry opportunities aligned with price action. Fundamental Drivers: 1. Global Adoption & Regulation: The Fed’s constructive stance on digital assets, combined with increasing demand and institutional adoption, is supporting BTC’s upward trajectory. 2. Economic Conditions: As inflation and interest rates remain focal points, Bitcoin is being viewed as an inflation hedge. Additionally, El Salvador’s adoption of BTC as legal tender is adding to the credibility and mainstream adoption of cryptocurrency. 3. Bitcoin ETF: The SEC’s positive outlook on a BTC-based ETF is expected to boost demand and further legitimize BTC within traditional financial markets. 4. Geopolitical Factors: War-driven demand, potential sanctions on Russian money, and global financial uncertainty are all fueling demand for BTC as a decentralized, safe-haven asset. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Long
by AR33_
$BTC Why You Should Be Accumulating Crypto NowBased on 2018-2020 data, 0.786 is a common retracement area for BTC after a bull run. Near EOY of 2017, when BTC rose to around $19,700, we saw a retracement to $3,100. This area is under 0.786 Retracement of $4330. In July 2019, when BTC rose to around $13,900 from $3,100, we saw a retracement to $3,850. This area is under 0.786 Retracement of $5420. Near EOY of 2021, when BTC rose to ATM of $69,000, we are now seeing a retracement under 0.786 Retracement of $17,800. What does this mean? As many know, we are currently not in a bull market. We have seen an over 75% drop from ATH of $69,000, which may indicate a reversal for the market in the very near future. The shift from a bear to a bull market is coming soon. History suggests that now is a great time to accumulate crypto for discount prices while others are hesitant.
BITSTAMP:BTCUSDLong
by Smarter_Trades
4
#BTC/USDT Analysis Update Bitcoin is consolidating within an ascending triangle, a classic bullish continuation pattern. BTC is respecting the ascending trendline as support. Horizontal resistance is forming around $93,000, acting as a breakout level. The price currently trades above the Ichimoku Cloud, indicating underlying bullish momentum. The cloud acts as dynamic support, reinforcing the possibility of an upside breakout. Decreasing volume during consolidation indicates preparation for a significant move. Watch for a volume spike on the breakout. The RSI is in a healthy range and is moving upwards. The MACD shows the possibility of a bullish cross, indicating upward momentum. Resistance Zone: $93,000 – $93,500 (Breakout Level) Support Trendline: $89,000 – $90,000 (Triangle Base) A close above $93,500 confirms the breakout. Possible Upside Targets: $95,000, $98,000, and $100,000. A drop below $89,000 could signal bearish momentum. Downside Targets: $87,000 and $85,000. BTC is building momentum and could break out of the triangle soon. A breakout above $93,000 with rising volume would confirm bullish dominance. Stay alert and prepare for confirmation! 🚀 Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
Long
by CryptoSanders9563
What will happen to Bitcoin?Bitcoin is in a post-pattern movement. In these movements, the price rises in an IFC manner and shows no inclination to fill the IFCs, while many FVGs form along the way, but none are filled. Bitcoin is now close to the psychological resistance of 100K. There is a possibility that Bitcoin might experience some correction between the 100K to 105K range, and we could witness an X wave. If a correction occurs, you can rebuy in the green zone. Those who are out of the market can't stay out forever; they must form a setup! If Bitcoin consolidates or experiences a mild correction, altcoins could pump during this period. The next target step for Bitcoin could be in the range of 118K - 125K. If a daily candle closes below the invalidation level, this setup will expire For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
Crypto recap | Wen $ 100K BTC ? Crypto Weekly: ETFs, Meme Coins, and RFK’s Bitcoin Obsession We’ve had a wild week in crypto, so let’s dive into what’s happened so far 1. Bitcoin Reaches Record $99,000 , Should We Sell Our Kidneys Now? Bitcoin momentarily climbed to an all time high of $99,000. Its current value stands at $98,400, reflecting a 1.5% increase over the past 24 hours and YES over 500% since our first call 2. SEC Chair Gary Gensler to Resign in January 2025 The US Securities and Exchange Commission has announced that its Chairman, Gary Gensler, will step down on January 20, 2025. 3. Former Chinese Official Yao Qian Dismissed Over Crypto Bribery Allegations Yao Qian, exDirector at the China Securities Regulatory Commission, has been expelled from the Communist Party and removed from office for serious misconduct, including abuse of power and crypto-related bribery. Once a key figure in China’s CBDC development, Yao is now under investigation by the Shanwei City Procuratorate for alleged violations, with his assets confiscated. 4. Bitcoin ETF Options Prepare for Launch The SEC approved trading options for the iShares Bitcoin Trust in September 2024. Following a recent advisory from the CFTC, the Options Clearing Corporation (OCC) is set to facilitate these options, which will debut on November 19, 2024. 5. Trump Administration Eyes Crypto Policy Role The Trump team is exploring the creation of a White House role dedicated to cryptocurrency policy. President-elect Trump is also scheduled to meet Coinbase CEO Brian Armstrong to discuss potential appointments. Discussions may include Armstrong’s support for SEC Commissioner Hester Peirce as SEC Chair. 6. Robert F. Kennedy Jr. Goes “All-In” on Bitcoin Robert F. Kennedy Jr. revealed that most of his wealth is now in Bitcoin, declaring his strong commitment to the cryptocurrency. He has previously referred to Bitcoin as a “freedom currency” and a hedge against inflation. 7. Binance CEO Predicts Nations Will Compete for Bitcoin Reserves Binance CEO CZ praised Michael Saylor's advocacy for Bitcoin and predicted that countries would soon race to acquire Bitcoin as a strategic reserve asset. 8. Polish Presidential Candidate Promises Bitcoin Reserves Sławomir Mentzen, a Polish presidential hopeful, has pledged to establish national Bitcoin reserves if elected. Mentzen, an early Bitcoin investor, disclosed holding approximately $1.2 million worth of Bitcoin. 9. MicroStrategy Acquires Additional 51,780 BTC MicroStrategy now owns 331,200 BTC, acquired at an average cost of $49,874 per Bitcoin. Its recent purchase of 51,780 BTC totaled $4.6 billion, averaging $88,627 per Bitcoin. 10. Meme Tokens Dominate Crypto Market Buzz The meme token "Quant," created during a livestream, sparked controversy after a pump-and-dump scheme. Other meme coins, such as ANON and FLOKI, also gained traction, with Ethereum co-founder Vitalik Buterin purchasing ANON. Meanwhile, DWF Labs launched a $20 million fund for meme projects, and exchanges like Coinbase and Binance actively listed meme tokens. Fundraising Highlights - Rise: Secured $6.3M in Series A funding. - Deblock: Raised $16.8M in seed funding. - Shinami: Completed a $5.645M seed round. - Valantis Labs: Gained $7.5M in funding. - OpenLayer: Secured $5M in seed funding. - Barter: Raised $3M for DeFi liquidity solutions. - Noble: Completed a $15M Series A funding. - Bitfinity Network: Secured $12M for Bitcoin Layer 2 development. - Alluvial: Raised $4.3M for its Liquid Collective platform. Dont miss this crypto cycle, opportunities like these don’t come around often!
Long
by moonypto
BTC thesis with RAG AI by Titan_KarmaThe current market conditions for Bitcoin (BTC) present a compelling case for entering a long position, especially given the absence of open positions at this time. Recent bullish trends, including Bitcoin's approach to the $100K milestone and a significant increase in hashrate, indicate a strong upward momentum. Additionally, the growing institutional interest in Bitcoin, evidenced by its innovative applications in traditional financing, suggests that BTC is gaining traction across various sectors. As we assess the market over the next four hours, it is crucial to monitor technical indicators and market sentiment closely to identify optimal entry points. From a financial perspective, BTCUSDT is currently trading at $97,501.40, with a trading volume of 28,787.55. The mixed long-short ratios among traders indicate a cautious sentiment, suggesting that while some traders are bullish, others are hedging against potential downturns. This mixed sentiment reinforces the need for a careful approach, particularly as the market may experience volatility. Setting stop-loss orders is advisable to protect against potential downturns, especially if the price approaches critical resistance levels. Technical analysis reveals a high daily RSI of 79.29, indicating that BTC may be overbought, which could lead to a price correction. However, the 1-hour and 15-minute charts show lower RSI values (45.73 and 36.09, respectively), suggesting potential for short-term recovery. Resistance levels are identified at $98,924.61 and $100,321.24, while support levels are at $96,626.73 and $95,725.48. Monitoring these levels will be essential for making informed trading decisions. Historically, BTC has shown strong upward trends, with significant price increases observed over the past few days. The latest data indicates a high of $98,988.00 on November 21, 2024, followed by a slight pullback. Given the overall bullish sentiment and recent price action, entering a long position appears favorable, particularly if the price holds above the support level around $97,000. Volume trends will also provide further confirmation of the strength of this upward movement. In terms of risk management, it is essential to set appropriate stop-loss orders based on historical performance and volatility. The recent trades indicate that confidence levels of 85% and 87% have previously resulted in no profit trades, necessitating a reassessment of confidence scoring. Implementing a mechanism to penalize no-profit trades will help refine future trade recommendations and improve overall profitability. In conclusion, the current market conditions for Bitcoin suggest a favorable environment for entering a long position. By closely monitoring technical indicators, market sentiment, and historical performance, traders can make informed decisions to capitalize on potential price movements. TRADE RECOMMENDATION json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$96,626.73", "TAKE_PROFIT": "$100,321.24", "CONFIDENCE_LEVEL": "80%", "EXIT_POINT": "$98,924.61", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 70", "MACD": "above 0, 15m" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
COINBASE:BTCUSDLong
by titankarma
BTCs Bear Market Bottom in SightA couple of weeks ago, as the Crypto King slid down the slope of investor hope breaking below the 17k price level, it was interesting to see as its sibling in many ways, Ethereum, failed to make a new low to accompany it. This must not be too unsettling as the corrective pattern Bitcoin was exhibiting was largely unresolved, standing in stark contrast to Ethereums corrective pattern which seems to have already found rock bottom at least for the time being. While BTC is still trending below the long-term EMAs, price is starting to accumulate and the bearish move could be losing momentum. A rise and close above the EMAs will confirm the start of a rising market. HAPPY TRADING:)
BITSTAMP:BTCUSDLong
by HydraFinance
$btc Weekly Analysis Historically, price between these green lower level consolidation is a low risk buy for long term hodlers. But as you can clearly see, bitcoin is heading for lower and lower volatility until one day the trend breaks. If you scroll right you can see the bull band and bear band come to a point.... what will happen then God only knows. If lower band breaks and we retouch the previous resistance at 7k, obviously my statement is void because my trend lines are broke. Also the whole c0vid-crash is so weird to me, was it a red herring, does the support price achieved (around) 3/18/20 still hold value even though it could be a 'red herring'? I say absolutely it matters and we should incorporate that support price in our charting and calculations. DISCLAIMER======= ' [ ] My Log regression is not calculated with anything but the curve tool, please take it with a grain of salt, if i have any algebra friends with knowledge of logarithmic regression please feel free to reach out as your input would be greatly appreciated.
BNC:BLX
by creengrack
ATCryptoScan: Bitcoin Projections into 2025I know that there are many people out there projecting Bitcoin movements, and some are accurate, while others are, well..., less accurate. I think we need to learn and discern what is sound, what is probable and what should we follow. Here I present a continuation of the usual projections that I have been doing for bitcoin, and more, including market instruments, ETFs, and other charts. Firstly, this projection has always been a combination between technical indicators (such as candlesticks, moving averages, MACD and volume analysis, DeMark, etc.), geometrical patterns with support resistance levels, Fibonacci, as well as astrological energy patterns. Historically, earlier in 2024, 17 August was marked as the expected time to load up Bitcoin at 40K. While Bitcoin never reached 40K, the period (on hindsight) was about appropriate as BTCUSD consolidated strongly above 54K. Breakout signals started in September and October, Buy signals in late October. A couple of posts in simple pattern analysis was also shared previously, even as close as a week before the massive breakout came. So now, going forward, we need to relook into BTCUSD for when it would top out from this parabolic run, and to what retracement levels for out second bite at the cherry. Ok, I will walk through the step by step thought process so here goes the model building... The current spike rally is a little long in the teeth, if I may say so. BTCUSD has had amazing spikes and this is one of them for the history books. Meanwhile, I start with the weekly TD Sequential which is nicely completing a Perfected TD Sequential . What this means is that the Sequential Setup is completed with all the conditions required, and is ready for a retracement/trend change. With that possibility, a target point needs to be demarcated and this can be done in many ways... First up is a simple geometric measurement of the previous rallies. Since September, there has been two rallies of similar magnitude (x). The third rally did double the magnitude (2x) as denoted by the third blue (solid arrow). This arrow is left solid as it was part of the projection made previously. Clearly price overshot and went up much higher. Another magnitude (x) is marked by the dashed line blue arrow, and you can see that there was a stall about 94,500. And then the spike rally started yet again... This time, I am less expectant of a double magnitude (2x) rally. BTCUSD needs to end the rally on a flat note, and then retrace for the next larger wave. If it blows off the top then the downside would be more devastating. TD Sequential also has yet a lesser known, but very common and respected, rule that states it is possible to overextend for the range on the highest candle... marked by the blue box (daily) and the yellow box (weekly). Astrological energies "coincidenttally" pin 17 December as the time for a reversal. Furthermore, and oddly enough, in a retracement setting to rocket further/ Together with the weekly TD Sequential, there is a confluence at about 108K for BTCUSD topping out. This should bring us to the end of the year, maybe early next year. Now that models the topside. It needs to happen first, then the expected retracement can then be a realistic possibility. Rough modelling forward, if the topping out happens as expected, we should see a retracement to about 75K. This is a simple look at the respected and responded Fibonacci lines, noting that every 61.8% is a support bounce. So, for a probable longshot, 75K in Feb 2025 is targeted as the next point/level for accumulation.
BITSTAMP:BTCUSD
by Auguraltrader
CYCLE 4 | SMA Golden Ratio [UPDATE]For those following along with this indicator, the current price action volatility has accelerated price to some interesting historic points. As discussed in prior post above, historically BTC has followed a trend of dropping to the lower SMA extension coloured line with each cycle with interesting multiple hits in establishing our 2021 technical cycle top. We have already tagged the gold line and currently approaching the 'Gray Line' which put in our prior cycles ATH. Will be interesting to see how BTC (buyers / sellers) handles this price level and the information this may provide on how useful this indicator may be this cycle....
BITSTAMP:BTCUSDLong
by Brodie
How far can #Bitcoin's price rise?As I mentioned in the analysis below, when #Bitcoin was around the price of $66,500, I observed a bullish flag pattern in the weekly timeframe on the #Bitcoin chart. We have now seen that Bitcoin has managed to reach $98,000 as of tonight. Now the question is: how far will this #Bitcoin price growth continue? As you can see, #Bitcoin has managed to grow equal to the depth of the cup. I anticipate a slight correction in this area (around $98,500), after which the price of this cryptocurrency may continue to rise to approximately $114,000, reaching the golden ratio of Fibonacci projection (1.68 level of the cup's depth). This is merely an analysis based on Fibonacci teachings and chart patterns and should not be the basis for your decision to buy or sell this cryptocurrency. The final decision should be made at your own discretion and responsibility. I hope you enjoy profitable days in the market.
Long
by piroozman
SOL/USDT 1D trade idea Solana has been one of the best performing majors so far this Bullrun, and has had one of the best reactions to the recent sell off. The DAILY chart is an interesting one and clearly respects the range structure, currently the price has just rejected off the MIDPOINT and for me is an area of contention, there are some triggers i'd like to see and can take action on: - Accumulation below the Midpoint before a break above putting in higher highs and higher lows when above. The target would then be range high with the 0.75 line as first TP. - A new lower low and lower high on the LTF from now may signal a move lower, this could then find support at the 0.25 line which is also where the 1D 200EMA is and therefore good support.
by ProR35
7