Btc-bitcoin
Btc currently retesting top trendline of rising wedge/pennantIt now has 3 consecutive candles above the rising wedge on the daily chart. Should the retest maintain support the breakout target for the entire pennant is 117k. Should the top trendline of the wedge lose support the wedge could still potentially breakdown, in which case we could then see bitcoin correct further to try and fill this gap on the CME BItcon futures chart before resuming the uptrend —->
For now probability favors the break upward until we lose the top trendline of the wedge/pennant as support. Jim Cramer announcing he’s bullish on bitcoin could easily cause enough downside to change that probability though. *not financial advice*
Bitcoin’s CME futures gap gives a clue for the 1st big correctonAnytime you see a gap in price action like this they almost always get filled, and typically get filled sooner than later. So while there is a chance bitcoin could turn the current mild retracement into a deeper pullback that goes down to fill this gap, until the current support on btc is broken, which is the top trendline of the rising wedge it now currently has 3 consecutive daily candles above(not shown here), I think it’s more probable that bitcoin waits for a much more powerful resistance line that results in a much stronger rejection before it corrects back down far enough to fill this gap. If the current pullback doesn’t lead to the gap fill then my guess is once we retest the top green trendline of this group of channels:
That this would be the perfect time to have our first significant correction of the current parabolic phase of the bull market. I will be prepared for either zone to have a chance to fill that gap and plan accordingly, Also a few measured move targets around the 115 - 116k range so a pullback could potentially occur around that zone as well. *not financial advice*
BTC 100k is not enough- Believe it or not.
- There's nothing at 100k.
- the trend would not be respected.
- i was here when BTC broke 10k$ for the first time.
- At that time, most traders called for a top and scared.
- BTC didn't care and went straight up to 20k$..
- i see only 3 Scenarios.
1 : Orange : BTC retrace soon, then it will delay time, then ATH will be 220-240k.
2 : Green : BTC goes to 150k, retrace to 161.8, and make a second Top around 220-240k.
3 : Red : BTC go straight to 150k$ then dip and struggle. ( i doubt on that way ).
- As always, this only my humble prediction and opinion.
- Everything can happens with FA. ( war, crises, stop internet.)
- More it will take time, more up BTC will go.
Stay S4fe
Happy Tr4Ding !
ETHUSD - Monthly RSI Ready to Extend Ethereum's Monthly RSI compared to BTC's shows a non extended state and I expect the RSI to move up towards the green circle.
I think a lot of money will flow from BTC's large current move into smaller coins, the largest of the smaller ones being ETHUSD.
ETH will lead the altcoin market run.
Bullish
Monthly chart
BTC - Thank Me Later!Hello TradingView Family / Fellow Traders. This is Richard.
🗒 Do you remember this post from 2023?
As mentioned back then, BTC was forming Pattern 4, which was activated after breaking above the falling green channel, leading to a surge of over 200%.
So, according to the educational post, where are we now⁉️
🔑A falling correction after a bullish impulse signals what?
That’s right — we are now in the process of forming Pattern 1.
For this pattern to be activated and the bullish continuation phase to begin, we need a weekly candle close above $70,000.
Of course, in the meantime, as long as BTC is trading within the falling channel, it can still retest the lower bound before activating the phase.
❗️N.B. Always remember, nothing moves in a straight line, so we might see a correction (in the form of a higher low) along the way.
📉 Which scenario do you think is more likely to happen, and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
🗒 All strategies are good, if managed properly!
~Rich
BTC The State NowHere’s a quick market update with a timeline and trend analysis :
- As always, it’s as simple as checking the colors and trends in the graphic.
- We’re currently in a phase of solid consolidation.
- The bull run hasn’t started yet, but in time, BTC is expected to go parabolic, as it usually does.
- The current cycle is taking longer to play out.
- The differences between 2020 and 2024 corrections are clear. Back in 2020, BTC was still maturing, not widely accepted, and impacted by the Covid crisis.
- In 2023, BTC has gained more recognition with ETFs, attracted wealthy investors, and is evolving into a true store of value.
- For these reasons, TheKing may be retracing, but it’s doing so with power and resilience.
- Everyone wants a piece of the cake, which is why Bitcoin's price remains elevated.
Just HODL and you'll be rewarded in the long run.
Happy Tr4Ding
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.
BTC to ATHThis is a chart I prepared a few months ago. I never shared it. BTC got in the "Buy Zone" just briefly. Now we have set a series of higher lows. This is a Bullish setup. I see a break from previous resistance with strength to go higher. ATH in the near to medium term.
Stack Sats on pullbacks and don't over-trade.
Not your Keys. Not your Crypto.
Stay safe my friends.
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....
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???¿
BERT/USDT 1H Memecoin play with some strong numbers and community:
- FWB:69M MarketCap
- $42.5m 24h volume (61% Vol/Mcap)
- 100% of max supply (980M) in circulation. (Self-reported)
- Solana chain
Currently not yet listed on Binance or Coinbase but there are rumours that it may be listed soon which would bring a lot more potential buyers to the coin.
For memcoins technical analysis is less important but can still tell a story. The current range shows a clear resistance at 0.75 and a support at 0.25.
The diagonal resistance breakout coupled with the bullish divergence already printed indicating a bullish reversal the TA looks good currently.
Memes are risky and unpredictable so DYOR
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
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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
CYCLE 4 | Realised Price Oscillator & Overlay - DETAILEDThis post is intended to be used with an earlier interactive companion post, crated to observe BTC's interactions in prior cycles so we can take learnings into cycle 4 with respect to BTC's under and over extensions of the calculated Realised Price.
A quick refresher - What is Realized Price?
Source: www.bitcoinmagazinepro.com
"Bitcoin Realized Price is the value of all bitcoins at the price they were last transacted on-chain, divided by the number of bitcoins in circulation. This gives us the ‘average cost basis’ at which all bitcoins were purchased, which is another way of describing Realized Price."
The above relationships have been incorporated into the Overlay and Oscillator indicators developed for this post to use into DCA accumulation and sell strategies.
Historic Observations
As per the above prior post, we see BTC enters a cycle topping and bottom phase when BTC's 'Realised Price' enters the top red and bottom green over extended regions of the normalised Oscillator and the Red and Blue Extension lines of the Overlay indicators.
We see historically the Oscillator shows the region where price moves with high volatility and other indicators that rely on divergence can extended much further than in other periods in the cycle before a true change in trend is achieved. In 2021 Overlay indicator (RED Line) was breached many times before we put in a significant trend change and the ultimate cycle top was realised at the second peak interestingly at the lower 'Purple' extension line November of that year.
CYCLE 4 Update
Where are we now according to the Realised Price Overlay and Oscillator indicators... Based on historic review of BTC relationship suggests we are about to enter the parabolic region of this cycles (Oscillator is about to enter into the 'RED' zone and Overlay indicator has breached the Purple line and is between the Red and Purple line).
Interestingly this relationship aligns with our cycle mapping posts, looking at BTC historic behavior since cycle bottoms and tops and BTC price targets based on Fibonacci extensions.
CYCLE 4 | Realised Price Oscillator & OverlayThis post is intended as an interactive companion post with a 'to follow' detail post for historic analysis.
I want to explore the relationship with BTC and Realised Price, and historically where we have seen cycle over bought and sold regions based on extensions from calculated realised price values.
What is Realized Price?
Source: www.bitcoinmagazinepro.com
"Bitcoin Realized Price is the value of all bitcoins at the price they were last transacted on-chain, divided by the number of bitcoins in circulation. This gives us the ‘average cost basis’ at which all bitcoins were purchased, which is another way of describing Realized Price."
The above relationships have been incorporated into the Overlay and Oscillator indicators developed for this post to use into DCA accumulation and sell strategies.
I will follow this post with a zoomed version for detailed discussion.
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 !
$BTC - Possible retracement to 94k-92k CRYPTOCAP:BTC hit new all-time high at 97.8k
CRYPTOCAP:BTC grinded up toward its 1.618 Fibonacci level, where selling pressure was absorbed.
If large sellers are going to stand, this is the key zone where it aligns with front-running the $100k ask liquidity.
If there’s no buying follow-through around 96k, we may see a test of the prior day’s POC at 94k down to the weekly POC at 92k
92700 BTC SL !!!The price range of 95,000 to 96,000 is a very important resistance for Bitcoin.
If the loss limit of 92,700 and the trend curve is broken, we may have a price drop of up to 83,000 or 76,000.
An increase in the volume of transactions near the resistance can be an exit sign.
You can check the detailed analysis of Bitcoin in the past on my page.
Don't forget to boost and follow
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Opportunities like this are rare. For those keeping an eye on the market, FARM showcases the characteristics of a project poised for rapid and significant growth. Stay alert—this could be one of the most exciting moves we see in the near future. 🚀 COINBASE:BTCUSD BINANCE:BTCUSD COINBASE:ETHUSD
BULLISH STRUCTURE BREAKOUT - 100-105K NEXTPrice is starting to close bullish, slowly making its way outside the bullish rising wedge / ascending triangle pattern.
This is an indication of a healthy and proper uptrend with decent volume to hold the bull run and potentially a continuation to new ATH price levels.
If the structure holds, the should be a spike to break through $95,000 with strength.
Many short sellers will get liquidated and that's just more liquidity added to the upside.
Near the $100,000 level, you could expect a similar pattern to form. A continuation consolidation / accumulation phase that holds key psychological price levels as support; such as (but not necessarily) $97,000-$96.000.
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GOOD LUCK!