BITCOIN'S ULTIMATE PARABOLIC CURVE — EYEING $181,267.00The Parabolic Curve often emerges near the culmination of a major market surge, marking the end result of numerous base formation breaks.
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The Parabolic Curve patterns are commonly observed in growth stocks with innovative products, groundbreaking technology, novel business models, or visionary leadership. Typically, these assets represent market leaders — like Bitcoin for crypto.
💡 At the pivotal point of Base 3, symbolized by the "X" on the chart and situated at $25,700, Bitcoin is poised for a potential doubling in the shortest timeframe.
This pattern's hallmark is its staircase-like formation, creating short-term price range bases before catapulting to new highs, repeating the cycle multiple times in its ascent.
I've conducted a detailed analysis using Fibonacci tools and Elliott Waves, projecting Base 4's estimated range between the $60,000 resistance and $46,700 support.
Additionally, considering Fibonacci extensions and channels, the SELL POINT for the parabolic move is anticipated at range between $149,175 and $181,267.00
This parabolic curve, reminiscent of a rocket's trajectory, can endure for weeks or even months. However, caution is warranted as the pattern nears completion. The culmination of the rapid upward momentum often concludes abruptly, plunging in price even faster than its ascent.
Btc-bitcoin
Bitcoin Big liqudations is at 72k - 73k areaBitcoin Big liquidations is at 72k - 73k area
Price took SL of buyers so many times
base of BTC price action after it they often go for SL of sellers
In a video i share heat map where u can see big liquidations at 72 - 73k
watch full update to understand my plan
Bitcoin 1.2B of Oi is trapped. How WHALES WOULD TRADE IT?Bitcoin 1.2B of Oi is trapped. How WHALES WOULD TRADE IT?
iN A VIDEO I SHARED MY IDEA ABOUT btc and how i plan to trade it
Price at this moment is in middle of local range - i prefer to take a trade after Clear SL hunts and squeezing. Becasue those trapped trades should be liquidated
PEPE → The end of the correction may take us back to an uptrend BINANCE:PEPEUSDT - the meme coin is showing signs of a possible end to the correction and a return of price to the bullish trend continuation phase.
On the local timeframe, the price forms an exit beyond the resistance of the descending channel, characteristic of the correction against the background of the bullish trend. Against the background of bitcoin capitulation and the general mass of altcoins, the meme coin PEPE looks quite cheerful. The price can move into the phase of the 5th wave realization if the bulls can keep the defense above 0.0000114. The next boundary is the range resistance. The breakout of this area will be a green traffic light signal for the buyers, the potential of which could strengthen the price towards ATH
Resistance levels: 0.0000125
Support levels: 0.0000114, 0.00001084
I expect that the bulls will do their job and will soon be able to bring the price to the nearest resistance, where a fierce struggle for further space between buyers and sellers may take place.
Regards R. Linda!
Bitcoin's situation in lower timeframesThe price of Bitcoin is struggling below the resistance at $62,000 to $62,500. If the price fails to stabilize above this resistance, it might decline towards the $60,000-$59,000 range. However, breaking above $62,500 could lead to growth, potentially reaching $64,000. For now, Bitcoin remains below this key resistance.
DOGE Massive Move Incoming? Pump To 2$!Disclaimer: this analysis is based on two previous occurrences in a vastly different macro market and solely based on time. Although it's not likely that the analysis will play out exactly as shown, it's still a fun thought to consider.
In this analysis I want to shed some light on DOGE's previous price action and compare it to the current market. In the previous two bull-cycles, DOGE saw a +9,000% and a +30,000% between 38 and 34 months AFTER the previous top.
In February, where we can argue that DOGE's bull-cycle has started, we were at 33 months after the previous cycle top. Close enough!
If DOGE increases by a fraction of what it did in the previous two cycles, we can very easily argue that a 1$ or even a 2$ value per token is not too far-fetched.
Are you bullish on DOGE? Share your thoughts.
(BTC) BITCOIN "trend angle hypothetical"A hypothetical trend line for Bitcoin where there is a strong potential for the price to continue to gain in price into September based on a modified custom setting of the SAR indicator. You can see the settings of the SAR indicator in the image. There is a lot of standard indicators that point to the price of Bitcoin losing. This is another method and an alternative perspective.
Bitcoin: Take a dive!Bitcoin once again reached our green Target Zone ($58,655 – $47,012). Although it showed a clear upward reaction directly on the upper edge of the Zone, we primarily expect a deeper dive. As soon as the low of the green wave 4 is established, we expect rises to well above the resistance at $73,462. At the end of this move, the high of the larger wave iii in orange should be established.
BTC at the bottom of week range!Bitcoin hit the bottom of the range ✅ Alarm was right pointing for range bottom at ~58k, as BTC dipped to 58414 on that move.
Now the main question - is it over? Shortly - if you are a respected TA, you can't say so yet. Why? Because week candle is only developing, so we won't have any clarity till next week close at least. Day candle shown nice bearish impulse with long tail, which can be taken as a first step of a bounce pattern, but to confirm it we'll need another 1-2 Day candle to close. Which brings us back to the idea, that this week it's all about guessing, but no mindful conclusions.
Week close above ~60622-59600 will increase chances for a bounce from range bottom. Close below will keep momentum to dip lower. That is the only thing we can say now for sure.
Nearest liquidity pools:
above - 61840 / 62440 / 63260 / 64920
below - 60235 / 59820 / 59460 / 58040
Lines on the chart:
🔸67577 - May close
🔸63195 - week open
🔸60651 - April close
🔸59112 - March low
🔸56537 - May low
🔸53245 - Nov'21 low
Trend: D 🔽 W 🔼 M 🔼
🤑 F&G: 30 < 51 < 53 < 63 < 64
To the $60K area would be better..It would be good if there was a fakeout to the $60K area on the falling wedge to trap traders and then pump strongly, if the $60K area is not strong then it will go to $56K again.
𝘪𝘧 𝘵𝘩𝘢𝘵 𝘥𝘰𝘦𝘴𝘯'𝘵 𝘩𝘢𝘱𝘱𝘦𝘯 𝘮𝘢𝘺𝘣𝘦 𝘵𝘩𝘦 𝘱𝘳𝘪𝘤𝘦 𝘰𝘧 $63𝘬 𝘢𝘳𝘦𝘢 𝘪𝘴 𝘵𝘩𝘦 𝘴𝘵𝘳𝘰𝘯𝘨𝘦𝘴𝘵 𝘴𝘶𝘱𝘱𝘰𝘳𝘵 𝘢𝘯𝘥 𝘸𝘪𝘭𝘭 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘦 𝘵𝘩𝘦 𝘱𝘶𝘮𝘱 𝘢𝘨𝘢𝘪𝘯.
'_'
BTCUSDT#Bitcoin Chart Update: One of the top indicators, the TD Sequential, has given a buy signal on the 4-hour #BTCUSDT chart. As you can see on the chart, it has given four buy signals in the past three months, each followed by significant gains. The target is a 22% increase, aiming for the 70k level.
BTCUSDT#Bitcoin Chart Update: One of the top indicators, the TD Sequential, has given a buy signal on the 4-hour #BTCUSDT chart. As you can see on the chart, it has given four buy signals in the past three months, each followed by significant gains. The target is a 22% increase, aiming for the 70k level.
BTC UPDATE HEADING TO 59.6k minimum?!bitcoin is in a downtrend and the daily chart shows some interesting developments. we have 2 fair value gaps one at 64.5k - 63.1k which lines up with my wave 3 target which is the 1.618 level of wave 1 measured from top of wave 2. We have another fair value gap at 62.5 that extends down to 59.6k which is significant and will probably be filled. this would be my wave 5 target.
If the bulls cannot hold the 59.6 level we will drop to 54.5 fast as there is another fair value gap there. good luck to the perma bulls honestly i dont think we are going to be seeing a new ath before we see 56.8-52.1k
Let me know what you think, i finally became a profitable trader and so i feel confident enough to share my analysis as I am new to posting. i would love to hear what you think.
Bitcoin: Moment Of Truth For Bulls! Inverse Head & ShoulderTwo weeks ago I made an analysis where I discussed a potential short-term bearish view on Bitcoin's price, see below. I argued that if I were a bull, I'd wait for either a new all-time high break out or a sizeable correction before stepping in the market again.
As seen on the chart, my purple support line is holding (for now!). A reversal from this area would make it a perfect inverse head & shoulders pattern, which is a bullish reversal pattern.
To strengthen my short-term bullish view, Bitcoin's daily RSI has hit oversold for the first time since August 2023, 10 months ago!
Patient bulls have been waiting for a long time for the RSI to hit oversold again on the daily.
Whether it will be enough remains to be seen. However, I can clearly see that there's a great bullish short-term opportunity here. See signal on the chart. Be aware, it's a risky trade.
Elliot Wave 3-4 : FINAL Correction before NEW ATHI've been watching this bearish M-Pattern for some time, and I still believe this is a multi-month playout towards a new ATH:
This lines up with my initial correction target using Elliot Wave Theory:
We see a very clear Double Top play out in the Total Chart, also indicating that it's time for a correction:
HOWEVER - I expect the bulls to be ready and sweep in lower prices when the right support zone is reach (whale zone), which seems likely to be in the 40k zone. It won't be a straight line down - again, a multi-month playout is likely.
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CRYPTOCAP:TOTAL BINANCE:BTCUSDT
Possible Double-Top Targeting 60-63kIf 67k is lost and not reclaimed, Bitcoin may target a drop down to ~63k and then 60-61k (around 60.6k).
This relates to a couple of other charts previously posted:
A smaller double-top on the 4 hour chart that is already confirmed and hit TP 1, which is likely headed towards TP 2:
A daily chart that is targeting 73-75k if it can hold 60k:
$BTC calls have been $ for months now, here's anotherIn less than one month it will be 6 months when CRYPTOCAP:BTC topped.
Historically, this has been an important time frame for the asset.
#Bitcoin is getting to the major support level faster than anticipated, yellow line.
The time between big cyan colored arrows is IMPORTANT.
#BTC close to oversold & TONS of $ has been taken out.
Getting closer to a bottom.