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BTC-D

Bitcoin reached strong resistance 104150Bitcoin Faces Strong Resistance at $104,150: A Technical Analysis Bitcoin's recent rally has stalled as it encounters a significant resistance level at $104,150. This key resistance zone has historically proven to be a formidable obstacle for the cryptocurrency, and its current interaction with this level is closely watched by analysts and traders alike. Technical Analysis A closer look at the technical indicators reveals several factors contributing to the current price action: Relative Strength Index (RSI): The RSI, a momentum oscillator, is currently hovering around the overbought territory. This suggests that Bitcoin's recent upward momentum may be losing steam, potentially leading to a correction or consolidation phase. Moving Averages: Both the 50-day and 200-day moving averages are trending upwards, indicating a bullish long-term trend. However, the price action near the $104,150 resistance level could challenge this bullish outlook. Volume: A decline in trading volume during the recent rally could signal a loss of buying interest, further supporting the idea of a potential price correction. Potential Scenarios Breakout: If Bitcoin manages to decisively break above the $104,150 resistance level, it could trigger a significant upward move, potentially leading to new all-time highs. However, such a breakout would require strong buying pressure and sustained momentum. Consolidation: A more likely scenario is a period of consolidation as the market digests the recent gains and assesses the next directional move. During this phase, the price could fluctuate within a range, allowing technical indicators to cool off. Correction: If the selling pressure intensifies, Bitcoin could experience a correction, potentially retracing some of its recent gains. This scenario could be triggered by various factors, including negative news, profit-taking, or a broader market downturn. Conclusion Bitcoin's interaction with the $104,150 resistance level is a critical juncture. While the long-term trend remains bullish, the short-term outlook is clouded by uncertainty. Traders and investors should closely monitor the price action and technical indicators to assess the potential outcomes and adjust their strategies accordingly.
by CEOhedgefund
SOLANA LOOKING ALL TIME HIGHS - SOL LONGPrice rejected strongly from the daily demand zone after running the daily swing liquidity. This move created a 4H demand zone. Following that, we saw a break of the bearish trendline, with a retest of both the trendline and the 4H demand. I entered a position during this retest, even as BTC was aggressively dumping by over $10K, which is why I couldn’t share this idea in real time. However, I am already in this trade and targeting a bare minimum of $271 as the next level.
Long
by UA_CAPITAL
BTC-USDT 1D Looks bearish... it will probably be bearishIf it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. TRADEX BOT NEWS: We are developing a security system so that all users and their strategies are adequately protected. We will have more news soon! Thank you! _______________________________________________________ BTC-USDT 1D Looks bearish... it will probably be bearish If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. I'm not going to go into details. BTCUSDT broke the resistance zone and as we all know it surpassed the 100K level. For BTC to continue rising, it needs gas, and that gas is in all the SLs below. My strategy at the moment is to let the corrective movement take place and test the resistance to get back into a bullish position on the rebound. Good luck to everyone in your decision making :) __________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the process of development and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain values ​​that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
Short
by DeuXfi
Bitcoin rebound testing 100k again Bitcoin Technical Analysis Disclaimer: This analysis is based on historical price data and technical indicators. It's important to note that the cryptocurrency market is highly volatile and past performance is not indicative of future results.   Current Market Sentiment: Bullish: Recent price action suggests a bullish sentiment, with Bitcoin breaking above key resistance levels. Bearish: However, some technical indicators are showing signs of overbought conditions, which could lead to a potential correction. Key Technical Indicators: Moving Averages: 50-Day MA: A short-term moving average that can indicate short-term trends. 200-Day MA: A long-term moving average that can indicate long-term trends. Golden Cross: When the 50-day MA crosses above the 200-day MA, it's often seen as a bullish signal. Death Cross: When the 50-day MA crosses below the 200-day MA, it's often seen as a bearish signal. Relative Strength Index (RSI): A momentum oscillator that measures the speed and change of price movements. An RSI above 70 indicates overbought conditions, and an RSI below 30 indicates oversold conditions.   Bollinger Bands: A volatility indicator that shows how volatile a stock or cryptocurrency has been over a specific period. Technical Analysis Summary While Bitcoin's recent price action has been bullish, it's crucial to consider potential corrections. Traders should monitor key technical indicators like the RSI and Bollinger Bands for signs of overbought conditions. A Golden Cross would further strengthen the bullish outlook, while a Death Cross would signal a potential bearish trend. It's highly recommended to use technical analysis tools and charts from reputable sources to conduct your own in-depth analysis. For the latest and most accurate information, consider using platforms like TradingView, CoinGecko, or CoinMarketCap. Remember, investing in cryptocurrencies carries significant risk, and it's important to only invest what you can afford to lose. #bitcoin #btc #btcusd
by CEOhedgefund
Alikze »» GRT | Ascending channel - 8H🔍 Technical analysis: Ascending channel - 8H - In the analysis presented in the weekly time frame , it was mentioned that an AB=CD pattern has been formed. - It is moving in an ascending channel in the 8-hour time frame. 💎 In the OB area, it can face the demand again by creating demand and liquidity hunt at the bottom of the channel and continue its growth up to the top of the channel. - Then I expect it to continue its growth to the supply area to form the third wave or wave C. ⚠️In addition, if the correction extends to the Invalidation LVL range, the bullish scenario in the 8-hour time frame is invalidated and must be reviewed and updated again.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:GRTUSDT
Long
by alikze
8
The current current state of ETH and BTC bull markets As you see by the chart, we broke out of a descending trend recently for ETH and we had a tight ascending channel, which we now have broken out of again, likely ETH will make another really nice jump soon on the break out. This appears to be early on in the ETH break out where ETH appears to be lagging BTC by at least a couple of weeks. We also see that BTC reversed a short term descending channel recently, broke out of it and that helped it surge past $100k with ease and now we are in an ascending channel that is a break out from BTC's prior ascending pattern. BTC Chart We also see that since ETH has started breaking out, it has really impacted the BTC dominance chart, BTC has lost over 5% of its market dominance in the last week or so. BTC Dominance chart Overall both of these seem real bullish. I dont actually hold or trade either one, though I came up on ETH, where I started buying ETH at .88 cents each. I dont trade them because the chances of either having 50%-100% gains in a day is pretty much impossible, even 20% is not likely they are just such large caps with so much order books and participation not to mention ETF impact. But there are a lot of cryptos that are running 20%, 50%, 100% every day. The thing is, if BTC/ETH are in bad health, it makes trading anything a risk because when they dump they effect the market. At the moment, it does not look as though BTC or ETH are staging anything that would cause any significant negative impact to alts other than if they run hard and thats where all the money goes. for order books they both seem strong with positive trader sentiment though BTC had pulled back it appears to be building rapidly again.
COINBASE:ETHUSDLong
by EncryptShawn
1
$LTC Path to ATHLitecoin faces major resistance at $110. With a break of $110 we can expect to see a recovery back to previous highs. Once Bitcoin breaks $100k the altcoin rally may likely begin. Traditionally I would be looking at the main 3 plus a innovative cryptocurrency. Last cycle it was Bitcoin, Litecoin, and Ethereum with Solana as my plus one. This cycle I am taking Bitcoin, Litecoin, and Solana replacing ETH with Chainlink as my plus one. Some things to keep in mind: Hashrate at ATH Golden cross on the Daily ETF Potential Reliability Historical presence
BINANCE:LTCUSDLong
by bishopknight
1
The U.S. Dollar Index (DXY) currently reflects a bearish trend The U.S. Dollar Index (DXY) currently reflects a bearish trend on the 4-hour chart. The immediate resistance is around 106.620, while the current price gravitates towards the support level at 105.250. This downtrend aligns with technical indicators signaling potential bearish momentum. Recent trading data confirms a drop to around 105.93 during the last session, reinforcing expectations of further downward movement, possibly testing the 105.250 level soon.
TVC:DXYShort
by TRADE_CENTER_1
My Idea on the top for Bitcoin (NFA)Hello Tradingview community! This is only an idea (NFA DYOR) I won't make this description long as I usually do.. this chart im sharing is more for my "personal" view so why am I sharing it? Well I want to give ideas for everyone to see pretty much. I have measured all previous cycles and done a ton of research and come to the conclusion 160-180k looks the most likely for our "top" this cycle Both with % gains but also timeframe. Its fine to disagree, we shall see close to end of 2025 if I was correct or not. Have a lovely day!
INDEX:BTCUSD
by RandomTAdude
Bitcoin Plummet Back to $97K After Surging Pass $100kThe cryptocurrency market witnessed turbulent activity as Bitcoin ( CRYPTOCAP:BTC ) faced a significant flash crash, exacerbated by Mt. Gox’s recent transfer of 3,620 BTC. Combined with over $1 billion in liquidations and strategic market movements, these events painted a complex picture for the world's largest cryptocurrency. Mt. Gox: The Catalyst of Market Jitters Bankrupt crypto exchange Mt. Gox has once again entered the limelight by transferring 3,620 BTC worth millions to two undisclosed wallets. According to Arkham Intelligence, these transactions—3,493 BTC to wallet address 1MAXy6…Ez3NQ9 and 126.577 BTC to bc1qkf…ffm7sf—sparked speculations of creditor reimbursements. While the transfers might prepare the groundwork for creditors to reclaim their funds, they introduce a looming threat of heightened selling pressure, causing widespread concerns in the crypto space. This move follows a recent transfer of 24,000 BTC by the same exchange, intensifying market apprehension. Technical Outlook: Bitcoin’s price dropped to an intraday low of $87,859 before rebounding to near $98,000, following a broader market crash that wiped out over $1 billion in positions. Key levels to watch include: - Resistance: $100,000 psychological barrier. - Support: $94,800 and $92,500, critical to sustaining bullish momentum. The abrupt dip can be attributed to the liquidation frenzy and external triggers such as Meitu's sale of 940 BTC and 31,000 ETH, which realized $80 million in profits. BTC's Resilience Despite recent volatility, Bitcoin’s fundamentals remain robust: Market Cap: $1.93 trillion, with potential to breach $2 trillion by 2025. Trading Volume: $159.5 billion in the past 24 hours, bolstered by Binance and other major exchanges. Key Developments Supporting Long-Term Growth Bitcoin’s resilience and adoption have been fueled by continuous upgrades enhancing its network security, scalability, and decentralization. Broader Sentiment: Mixed Yet Optimistic Despite recent hurdles, bullish sentiment prevails among investors. Marathon Digital’s $850 million convertible note offering for BTC purchases signifies institutional confidence in Bitcoin's long-term potential. However, the interplay between Mt. Gox’s creditor payouts, liquidation volumes, and evolving market conditions requires vigilant observation. Conclusion Bitcoin's journey remains a rollercoaster, shaped by historical milestones and ongoing market dynamics. While the short-term outlook might be turbulent, its robust fundamentals, coupled with consistent upgrades and institutional interest, fortify Bitcoin's position as a leading digital asset poised for a promising future. As the year closes, market participants should remain cautious, leveraging informed strategies to navigate potential volatility while staying optimistic about Bitcoin's long-term trajectory.
COINBASE:BTCUSDLong
by DEXWireNews
Bitcoin Roadmap==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) started to pump up late yesterday with the following three News and the important resistance of $100,000 seems to be broken: 1- Federal Reserve Chair Jerome Powell: Bitcoin is like gold( OANDA:XAUUSD ), not dollars. 2- President Putin says, “Bitcoin, Digital Assets will continue to develop". 3- 'Who's Laughing Now?' NYC Mayor Eric Adams Boasts About Bitcoin Paychecks ⚠️Note: As I said in previous posts, the crypto market has become more dependent on the news and reacts to any development or news in the world, so capital management should be observed more than before.⚠️ Let's now look at the analysis of Bitcoin after yesterday's pump . Bitcoin is currently moving in the Potential Reversal Zone(PRZ) and near the Support zone($99,600-$98,620) . According to the theory of Elliott waves , Bitcoin seems to be completing wave 4 , and we should wait for the start of wave 5 . The wave 4 structure is a Zigzag correction(ABC/5-3-5) . I expect Bitcoin to start increasing again after the end of wave 4 and attack the Resistance line . If the resistance line breaks, it can at least go up to the previous top($104,088) . ⚠️Note: We should wait for Bitcoin to fall further if Bitcoin goes below the Support line and the Support zone($99,600-$98,620).⚠️ ⚠️Note: Due to the Sharpie movement of wave 3, BTC may not even create a new All-Time High(ATH) (wave 5 will be Truncated). ⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 15-minute 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.
Long
by pejman_zwin
12
Bitcoin Seizes $100,000. What's Your Prediction for Next Move?And there you have it — a comet in the night sky, Bitcoin BTCUSD finally shattered the landmark $100,000 figure . Prices of the original cryptocurrency are up 50% since Election Day on November 5 and traders have one man to thank. Do you think he doesn’t know it? “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!” Donald Trump erupted on his social-media platform, Truth Social. As crypto circles around the world celebrated the mind-blowing milestone (that’s a market cap of more than $2 trillion in a $3.5 trillion market ), the volatile crypto couldn’t get any rest. Bitcoin prices seesawed back under $100,000 early Friday with traders experiencing the token’s wild swings and notorious stomach-churning volatility. In wild seesaw motions, the OG crypto yesterday peaked at an all-time high of $103,700 a piece before sliding more than 6% to close the session at a 1.6% daily loss at $96,900 a pop. In other words, crypto traders still need that convincing close above six figures. Donald Trump might just have the answer. The President-elect is keeping busy by forming an A-team of crypto advocates to lead the efforts at the White House. Earlier this week, Trump selected former SEC commissioner Paul Atkins to replace current SEC Chair Gary Gensler. This is one of the key drivers to yesterday’s rally in the broad crypto markets . Because Atkins isn’t just a crypto-friendly former regulator. He’s been advising crypto companies since 2017 and he’s the co-chair of Token Alliance, a subsidiary of Digital Chamber, which was spun up to promote digital assets. Atkins has been consulting crypto companies on how to work with the Securities and Exchange Commission, avoid penalties and lawsuits. And now he might be taking the top job at America’s financial watchdog. It doesn’t end there. A new pick today promises even more growth for the crypto industry in the US. Trump has tapped venture investor and podcast host David Sacks to be the “White House AI & Crypto Czar.” In a post on his social media, Trump wrote that “David will focus on making America the clear global leader in both areas.” “He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship.” Sacks was a major Trump supporter earlier this year. He invited Trump to join him and his podcast peers and fellow investors Chamath Palihapitiya, Jason Calacanis, and David Friedberg for a talk on his All-In podcast , which Trump has called the “top podcast in Tech.” With the stars seemingly aligning for the crypto industry heading into 2025, many digital asset proponents are now calling for $100,000 to be the bottom. A new, loftier goal is now in sight by end of year: $125,000. In 2025, the forecasters among us project Bitcoin prices of about $250,000 , or a 150% increase from current levels. 📡 What’s your forecast? Do you think we’ll see prices top $125,000 still this year? And $250,000 next year? Share your thoughts below!
BITSTAMP:BTCUSD
by TradingView
63
Bitcoin - Time to buy again!Bitcoin has completed its third upward wave and is now finishing its fourth corrective wave. Therefore, it can be concluded that after completing the fourth wave and forming a flag pattern, it may reach $104,000 or $107,000 in the fifth upward wave. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDLong
by CobraVanguard
BTC ANALYSIS (update)🔮 #BTC Analysis 💰💰 🌟🚀In 8hr chart we can see a formation of "Rising Channel Pattern in #BTC. As we said BTC will dump first then a bullish move will come. Chart is following the same. Now we could see a breakout of 100k level again 🔖 Current Price: $98100 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #BTC. 🚀💸 #BTC #Cryptocurrency #DYOR #PotentialBreakout
Long
by ZEUS_Market_Alerts
2
DON'T SLEEP ON TESLA ON A... WELL, NEVER SLEEP AGAIN. TSLA 420. ALRIGHT, LET'S TRY THIS AGAIN. Tesla has a cool trend setup, retracement setup and indicator alignment into earnings. A REALLY STEEP DROP from earnings, past 134 and all the way down to around 96, could trigger a nice move to the upside that you won't want to miss. I know, TSLA to 74 or 30 or 10 (it's garbage). Well, no, I disagree. At least in the short term. After it runs up again, I could easily see it back down to some low numbers. But right now, heading into earnings, a big move is showing that looks very similar to what I've shown. My line, expect it to be inaccurate, instead focus on the price targets. At 175.01 = full bull to the moon 238k miles, maybe overshoots that. There will be retracements, but if this move is based around btc, it could be FAST. So, probably best to never sleep again, and watch the tsla chart 24/7. RSI technically bearish, but they all look like they are about to flip, BUT they haven't yet, so we can't assume. We have to keep the projection based on charts, which says, if 134 holds and we get over 175 with stability, then green light, probably. If earnings crashes price to under $100 for a brief amount of time, you probably want to yolo the dip. Calls would be very cheap at that point, and if you're bullish in any way, even if it's not to my numbers bullish, then it's still probably free money. I won't be upset should you disagree, feel free. And I look forward to your rubbing of profits in my face, should you be correct. Truthfully, I'd like to see everyone make a ton, no matter what your opinion is (bear/bull). LOTS OF MOVEMENT to trade in two directions. Things don't go up forever, things don't go down forever, and if they do, it would be an outlier to most market movements. Good luck!! SOME FUNDAMENTAL RESEARCH: 1. **Tesla Fundamentals**: - Tesla, the electric vehicle (EV) company founded by Elon Musk, has seen remarkable growth in recent years. Their fundamentals include strong demand for EVs, innovative technology, and a charismatic CEO who captures public attention. - However, Tesla's financials have been volatile due to high R&D costs, production challenges, and regulatory hurdles. Despite this, their stock price has surged, making them one of the most valuable automakers globally. 2. **Bitcoin and Dogecoin Investments**: - Tesla made headlines when it disclosed a $1.5 billion investment in Bitcoin. This move signaled institutional interest in cryptocurrencies. - Elon Musk's tweets and actions have influenced crypto markets. Tesla's investment in Bitcoin adds legitimacy to the asset class. - As for Dogecoin, Tesla has not officially invested in it. However, Musk's tweets and memes have boosted Dogecoin's popularity. It's important to note that Dogecoin is highly speculative and lacks fundamental value¹. 3. **Software Subscription vs. Hardware Sales**: - Morgan Stanley believes Tesla could make more money from software subscriptions than hardware sales. Tesla's vehicles are equipped with advanced software features (Autopilot, Full Self-Driving) that can be unlocked via subscription. - By offering software upgrades, Tesla can generate recurring revenue. This model aligns with the trend toward software-defined vehicles². 4. **Data Collection and Auto Driving**: - Tesla collects vast amounts of data from its vehicles, especially those equipped with Autopilot. This data helps improve autonomous driving algorithms. - Tesla's fleet provides real-world data for training AI models, giving them a competitive edge in self-driving technology. - Monetizing this data could be lucrative. Tesla could license it to other companies or use it for targeted advertising. 5. **Leasing Software vs. Selling Cars**: - Leasing software (e.g., Full Self-Driving subscription) allows Tesla to generate ongoing revenue without selling additional hardware. - Traditional automakers rely on upfront car sales, which can lead to debt if demand fluctuates. - Tesla's approach disrupts the industry by emphasizing software and services over traditional car sales. In summary, Tesla's fundamentals, crypto investments, software subscriptions, data collection, and unique business model contribute to its success and potential for future growth. However, risks remain, and the EV landscape is evolving rapidly. Other automakers are also adapting to these changes, but Tesla's early lead gives it a competitive advantage¹². 🚗💡📈 Source: Conversation with Bing, 4/22/2024 (1) Tesla, Dogecoin & Institutional Interest: A Data Perspective by .... coinmarketcap.com (2) Tesla (TSLA) could make more money from software subscription than .... electrek.co (3) Dogecoin | Tesla Support. www.tesla.com
NASDAQ:TSLALong
by nicktussing77