Bitcoin Daily ReviewSeven 8H bear candles in a row... approximately 1 billion liquidations in longs alone within past two days. BTC finally dipped below 2024 close ✅
I still believe that BTC should bounce back to +/- 98k. At least while market moves sideway (for the past 2 months) its justified to expect price to stay within the range (until it is broken). Previous consolidation stage took more than 8 months, so I hope this time it won't be that extended.
If that consolidation range will get broken, correction target is pointed by multiple factors: CME gap + 2024 VAH + developing Week 20sma - it all comes to +/- 80k
Nearest liquidity pools:
above - 93850 / 95750 / 96710 / 97350
below - 92540 / 92025 / 91065 / 89590
Lines on the chart:
🔸99660 - November high
🔸98340 - week close
🔸97843 - Q4 VAH
🔸96475 - November close
🔸93549 - 2024 close
🔸91510 - week low
🔸90200 - December low
Trend: D ➡️ W 🔼 M 🔼
🤑 F&G: 69 < 70 < 78 < 76 < 72
Btc!
BTC LONG TP:102,000 08-01-2025Bitcoin recently underwent a manipulation that hindered its ability to continue the anticipated growth. However, the key levels have been respected, allowing us to expect a potential upward movement in the coming days. It is likely that the price will return to 102,000 within a span of 4 to 5 days, which shouldn't pose a significant issue. In this context, we will be looking for opportunities to open long positions in the ranges of 94,000 to 92,000, where we believe good entry points may arise.
Next Volatility Period:Around January 23rd - Around January 30th
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(BTCUSDT 1W chart)
There are 3 major rising channels.
The key is whether there is support at the HA-High indicator point of 94742.35.
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(1D chart)
Since a short-term downward channel has been formed, the point to watch is whether it breaks out of this short-term downward channel.
The key is whether it can rise with support at the important support and resistance zone (93576.0-94742.35).
If it falls below the BW(0) indicator, it is likely to fall to around 87.8K-89K.
In order to turn into a short-term uptrend, it must rise above 97461.86 and maintain the price.
Since the slope of the StochRSI indicator is changing, we can see that support is important around 93576.0-94742.35.
Since the BW and DOM indicators are below 0, we can see that the decline is strong.
This volatility period is until January 11.
Because all indicators are showing a decline, caution is required when trading.
It is recommended not to conduct new transactions during the volatility period if possible.
The reason is that there is a high possibility that the movement will be different from the direction you thought.
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The next volatility period is around January 23-30.
Therefore, the point of observation is which direction the price can be maintained by moving away from the important support and resistance range (93576.0-94742.35) after this volatility period.
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If the BW(100) indicator is created and falls and meets the BW(0) indicator, the wave can be considered closed.
Therefore, if it receives support from the BW(0) indicator and rises, it will meet the BW(100) indicator again and close the wave.
If the HA-High indicator is created and falls, it will meet the HA-Low indicator and close the wave.
Since it is currently experiencing resistance near the HA-High indicator and falling, if it fails to rise above the HA-High indicator, it will eventually meet the HA-Low indicator.
The four circle sections marked on the chart correspond to the support and resistance sections.
Therefore, it is expected that a trend will be formed when it breaks out of these four circle sections.
Therefore, it is expected that the future trend will be determined depending on which direction it breaks out of the 87.8K ~ 106133.74 section.
If the OBV indicator does not fall below the Lowest, BTC is likely to maintain its current upward trend or move sideways.
It is easier to interpret the trading volume with the OBV indicator than to interpret the distribution of trading volume.
It should be noted that the rise and fall of OBV does not necessarily lead to a rise and fall in price.
To overcome this, we made it easier to observe by displaying the Highest and Lowest to determine whether the latest high or low is broken.
It is difficult to interpret the indicator as a single indicator.
Therefore, we created the BW indicator or the DOM indicator to supplement this.
-
Thank you for reading to the end.
I hope you have a successful transaction.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been in an upward trend since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support or resistance.
This is because the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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$BTC - Every shallow bounce is purely manipulationAfter hours of aggressive selling, it seems like every shallow bounce is just manipulated (bounce then fade!), yet the price is still holding up 92k.
If we can manage to keep this level, there's a good chance we might retest the supply zone 97.3k-98.7k to form a lower high.
Any rejection at the supply zone, I think sweeping those local lows of 88k-86k is imminent. I wouldn't expect us to drop below 85k just yet (we'll save that for later), so let's see how 88k-86k reacts.
#HBAR easy target coming soon.I had talked about #HBAR couple years ago when price was couple of pennies.
Looking at H4 chart for COINBASE:HBARUSD with same KRI technique, 1.272 extension will be .46 cents and 1.618 extension will be .55 cents with the support at .23 cents
There are lot of positive news for HBAR lately so jump on the wagon before it moons.
Easy TP: .46 and .55 cents with support .23 cents
Sometimes the simplest trade is the best trade | BTC $97K NEXT
CRYPTOCAP:BTC has formed an inverse head and shoulders pattern on the hourly chart, indicating weakening selling momentum. We've also seen a local higher high, suggesting the dip may be over.
Despite bearish news such as unconfirmed rumors about government sales and concerns over jobs and interest rates, the price is still recovering. This suggests that higher highs are likely ahead.
However, be cautious of weekend trading with lower volume, though I don't believe it will significantly impact the overall trend.
SOL Long OpportunityMarket Context:
SOL is experiencing a retracement alongside the broader market, approaching a key support zone that offers a strategic entry for a long spot trade.
Trade Details:
Entry Zone: Between $160 – $170
Take Profit Targets:
$200 – $220
$260 – $280
Stop Loss: Just below $138
This trade leverages SOL's pullback to a critical support area with strong upside potential for continuation. 📈
BTCUSD Is Too Overbought?HI today you can see the BTCUSD chart, and the higher time frame charts have shown some potential overbought levels. Is it too risky to buy and hold now? There are some important old levels that have shown some support in recent years. Be careful of the market now with BTCUSD, thanks. Is it possible that the banks can short more now? For now I am following the EURUSD more closer, thank you. Please support us by following me thanks!
#btcusd
#eurusd
#btc
#usd
#eur
BITCOIN BTC Machine Learning Approximation Strategy applied GOLDHey everyone. Here's a new trade idea potentially for Gold. I created a a new trading strategy script for Bitcoin, and I tuned the parameters for Gold. The original script is called the "BITCOIN BTC Machine Learning Approximation Strategy by NHBPROD." It implements a simplified Machine learning technique and then produces and output that can be used to buy and sell. The script is only for long trading. I'll attach a link: ( ) to the original strategy script. This is the strategy script, but I also have the indicator script which can be used to automate buy and sell signals directly to your phone, email, or your bot.
Anyway, applying the idea to Gold, and tuning the parameters gives me a pretty good backtest, AND it shows that Gold has just entered a buy zone on the daily chart.
On average according to the performance, the average trade profit is roughly 2%, so this could be a great time to buy Gold and expect a 2% gain.
BTC preparing for run to 150k technical tp on higher timeframeTechnical analysis indicating "measured move" buy setup on higher timeframes
I expect price to advance from current 88-93k buy zone (consolidation structure on 4 hr tf) back to new highs above 109k, which was previously noted as tp1 (with anticipated near term consolidation in low 90k range). It's possible we have one more retest of 88-93k levels after reaching 108-110k level on next buy wave, but as previously noted, it primarily remains a buy opportunity.
Once a move above 120k is achieved, price will be strongly in the hands of buyers (with diminishing supply) and head towards 150-155k level fairly steadily & easily to achieve technical "measured move" target.
There remains possibility that we get one final retracement from 150k but my own cycles analysis indicates that would be the final big discount opportunity IF it were to occur at all.
Price advancement above 100k is a SIGNAL that mass adoption is taking place globally and will lead to much higher highs. Any price dips below 100k remain discounts for institutional ownership
Volatility Period: January 9-11
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(BTCUSDT 1D chart)
The key is whether it can quickly rise above 97461.86 and maintain the price.
If not, it needs to fall, and it needs to check whether it is supported near the important support and resistance area of 93576.0-94742.35.
If it falls below the BW(0) indicator point of 92792.05, the point to watch is whether the HA-Low indicator is generated.
-
This volatility period is expected to be around January 10th (January 9th-11th).
In order to continue the short-term uptrend, the price needs to rise above 97461.86 and maintain it.
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First of all, the fund flow does not seem to be that bad.
This is because USDT stopped its gap downtrend and is moving sideways, and USDC seems to be maintaining its gap uptrend.
(NAS100USD 1D chart)
However, since it fell due to other issues affecting the coin market, unless a bigger issue occurs, the coin market is expected to defend its price.
(XAUUSD 1D chart)
(IBIT 1D chart)
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Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been in an upward trend since 2015 following a pattern.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
-----------------
"OMG BTC IS DEAD"Are you still sure about that??
Sure BTC, worst-case scenario, may even fall to 74k FVG or 85k Fibonacci-support at short-term and that'll imply BTC pierced with full force its current Ichimoku support, but you're missing the big picture...
BTC ultimate potential for this year as per Elliot-Wave theory and Fibonacci levels is to reach 333k around 4/20... And yes I'm not joking, if we reach that ultimate Elliot-Wave impulse wave then we can talk about a proper correction in the first half-of the year and then the second Primary Elliot-Wave impuse comes...
If I ask if I'm still sure about something: I'd say that Seeing is believing...
DYOR/NFAD
BITCOIN A long term investment target.Bitcoin is trading inside a Channel Up since the top of the 2017 Cycle.
It was supported by the 1W MA50 in August and that kept alive this Bull Cycle's Channel Up.
The last year of the previous Cycle was 2021 and throught its course, the 1W MA50 was in support.
Even if the 2025 Phase fails to peak at the top of the 8 year Channel Up, it can still complete the phase on the Channel's 0.75 Fib and technically looks like a minimum.
Trading Plan:
1. Buy on the current market price as a long term investment.
Targets:
1. 250000 (0.75 Fib and smaller Channel Up top).
Tips:
1. The RSI (1w) should be near 90.00 when the Cycle top is priced. Use it as a complementary indicator in order to close the position earlier if 90.00 is reached before the price hits 250000.
Please like, follow and comment!!
Bitcoin’s Deja Vu: A Bullish Flag Unfolds Towards a Historic ATHIn March 202 0, ( COINBASE:BTCUSD ) Bitcoin reached a low on Friday the 13th , forming a bullish flag pattern that initiated a new upward cycle.
A similar formation appeared on August 5, 2024 , indicating the continuation of this bullish trend.
Currently, Bitcoin is at the PR3 price level, establishing a base support around $108,923 .
The next resistance is at QR1, approximately $197,491 . Upon reaching this level, a slight correction to around $145,669 is anticipated before continuing to the final all-time high (ATH) at QR2, set near $281,216 . From this peak, a significant correction to the correction support level (CS2) at $145,669 is expected.
Analysts are optimistic about Bitcoin's trajectory. H.C. Wainwright forecasts a rise to $225,000 by the end of 2025 , considering historical price patterns and potential favorable regulatory changes under the Trump administration.
Additionally, Standard Chartered projects Bitcoin could reach $150,000 in 2025, aligning with historical trends of major rallies post-U.S. presidential elections and following halving events.
However, Bitcoin's inherent volatility remains a concern. Predictions suggest potential corrections of 15% to 30% during the bull run before reaching higher price targets.
In conclusion, Bitcoin's current market structure and historical patterns indicate a bullish trajectory with potential significant price levels and corrections. Investors should remain vigilant and consider market volatility when making investment decisions.
Bitcoin - This Month Will Decide Everything!Bitcoin ( CRYPTO:BTCUSD ) is still rather bullish:
Click chart above to see the detailed analysis👆🏻
In December of 2024, we saw a little pause during the overall bullish crypto bullrun, which was actually quite expected after the recent rally of about +500%. This could still turn into a false breakout, but since everything looks rather bullish, new all time highs are much more likely.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Black Swans? Bitcoin and Key Levels AheadHello, dear friends!🩷
I hope You all had an amazing holiday season and wrote down Your wish lists for the year ahead. For me, my biggest wish is peace in my country and the chance to sleep peacefully at night. I pray that a larger-scale war never breaks out, as the world feels like it’s hanging by a thread.
But let’s set that aside for now and take a look at Bitcoin’s 6-hour chart, which is showing a very intriguing setup.
The price is once again aiming to test the 92k level—a key support zone I’ve highlighted in previous posts. Most likely, the price will bounce off this level and recover slightly to the 97–98k range before continuing its decline. In the medium term, there’s a chance we could see Bitcoin drop to 90k, 87k, or even as low as 84k.
If no “Black Swan” events (as many global media outlets have been speculating about) occur, we might see growth instead. However, it’s too early to say for sure—we’ll have to keep monitoring the situation. Have You heard about some of these potential Black Swans?
● Geopolitical Conflicts
Escalation of current conflicts or the emergence of new ones (e.g., in Asia or the Middle East).
Rising tensions between major powers like the U.S. and China.
Sudden regime changes in strategically important countries.
● Economic Crises
Collapse of major banks or financial institutions.
Sharp interest rate hikes or defaults by heavily indebted nations.
A new wave of inflation or a global recession.
● Technological Disruptions
Breakthroughs in AI destabilizing labor markets or sparking social unrest.
Major cyberattacks on infrastructure, financial systems, or governments.
Challenges in adopting new technologies in energy or transportation.
● Environmental Disasters
Accelerating climate change causing devastating weather events.
Large-scale ecological accidents, like oil spills or nuclear incidents.
Global issues with access to fresh water or food supplies.
● Pandemics or Biological Threats
The emergence of new viruses or mutations of existing ones spreading rapidly.
Biological attacks or lab leaks.
● Social and Political Upheaval
Mass protests or revolutions in key regions.
The rise of populism and anti-globalist sentiment.
Migration crises caused by wars or climate change.
● Unexpected Events in the Crypto Market
Regulatory bans or sudden changes in crypto legislation.
Collapse of major exchanges or projects.
Rapid adoption of Central Bank Digital Currencies (CBDCs) and their impact on the crypto market.
If You ask for my opinion, Black Swans aren’t something you can talk about or predict—that’s why they’re called Black Swans! They happen precisely because they’re impossible to foresee. They strike when no one is expecting them!
What do you think? Are You bracing for a market crash, or are you feeling optimistic?
Stay tuned for updates, and let me know your thoughts in the comments. Let’s navigate this market together!💪
Sincerely Yours,
Kateryna 💛
Be Careful Now!Crypto Trading Fam,
It's time for me to put out a note of caution. I have been bullish but a few days ago while doing my video, I spotted this pattern mid-session, hoping I would be wrong. Looks like I was not. The H&S pattern has now formed. This means we have an 85% probability that we'll drop to our next support of 75k. Yikes!
Now, 15% of the time a H&S pattern can fail. We can only hope this will be the case. But while hoping, prepare your SLs. Could get ugly for those alts!
✌️ Stew