Bitcoin - Will Bitcoin continue its upward trend?Bitcoin is trading below the EMA50 and EMA200 on the four-hour timeframe and is trading in its descending channel. Capital outflows from Bitcoin ETFs or risk off sentiment in the US stock market will pave the way for Bitcoin to fall.
Bitcoin’s upward correction and its placement in the supply zone will allow us to resell it. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy in the demand zone.
Donald Trump, the President of the United States, has signed an executive order establishing a task force on digital asset markets. The task force’s mission is to explore ways for the U.S. to lead in the cryptocurrency industry while evaluating the creation of a national strategic digital asset reserve.
Many who are familiar with cryptocurrencies recognize Bitcoin as “digital gold” due to its unique characteristics. According to a recent study, an increasing number of Americans now prefer Bitcoin over gold. ChainPlay, in collaboration with Storible, conducted a survey asking 1,428 Americans about their views and investments in cryptocurrencies.
The study reveals that over 68% of Americans currently own some form of cryptocurrency. Furthermore, 77% plan to increase their investments in the sector by 2025, while 60% believe the value of their assets will double by that year. Other sources indicate that only 13% of Americans owned cryptocurrency as of November 2024, though this discrepancy appears to depend on the methodology used.
Another survey revealed that Trump’s election victory significantly influenced public perception of cryptocurrencies, with 38% of respondents deciding to invest in crypto after the election results. Notably, 84% of these individuals made their first purchase following Trump’s win, viewing him as a pro-crypto candidate.
The idea of preferring Bitcoin over gold or stocks was once a marginal perspective during the bull market of 2017. Today, as governments worldwide announce plans to mine, store, or use Bitcoin for international payments, public opinion has shifted to view Bitcoin more favorably.
Additionally, statistics indicate that many investors have not only bought Bitcoin but have sold their traditional assets to allocate funds to the cryptocurrency. According to the survey, over 51% of these individuals are based in the U.S., reflecting unprecedented optimism toward Bitcoin as “digital gold.”
Mark Cuban, entrepreneur and TV personality, stated that Bitcoin has become a valuable asset and has reached a level of acceptance comparable to gold. Both he and Michael Saylor, CEO of MicroStrategy, emphasize that Bitcoin offers easier transportability and control compared to gold.
In the financial world, opinions on cryptocurrencies, particularly Bitcoin, remain divided. Some figures, like Warren Buffett, remain vocal critics of these assets.
Following Elon Musk’s advocacy, CZ, former CEO of Binance, also expressed support for the idea of recording government expenditures on blockchain. In a tweet, he said: “All governments should record their spending on blockchain, creating a public and immutable ledger. After all, government spending is public spending.”
According to a report from Street, Eric Trump, son of Donald Trump, recently stated that domestic cryptocurrency projects in the U.S., such as XRP and HBAR, will benefit from tax exemptions in the future, whereas foreign projects will face a 30% tax rate.
Additionally, Senator Cynthia Lummis, a Republican and Bitcoin advocate from Wyoming, has been appointed as the first chair of the Senate’s new Digital Assets Committee. Operating under the Senate Banking Committee, this new body aims to pass bipartisan legislation supporting the crypto industry and protecting investors.
Lummis announced that the committee will focus on three key areas:
1. Market Structure: Establishing a framework to improve the digital asset market structure.
2. Stablecoins: Regulating and supervising stablecoins as a crucial part of the crypto ecosystem.
3. Strategic Bitcoin Reserves: Strengthening the U.S. dollar by creating strategic Bitcoin reserves.
In a statement, Lummis said: “Digital assets are the future, and if the United States wants to maintain its position as a global leader in financial innovation, Congress must urgently pass comprehensive bipartisan laws to regulate this space and strengthen the U.S. dollar by creating strategic Bitcoin reserves.”
The committee will also oversee federal regulators to ensure compliance with laws and to prevent unjustified denial of banking services to legitimate participants.
Btc-e
Bitcoin and the last attempt to rise...Well, I thought this wedge would Stronger, but it broke. Now the price might range between the 0.32 and 0.618 Fibonacci lines. Also, the first bearish SAR point has been formed, which may continue for a few days.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
OP/USD. It's time to RETURN! Technical analysis from 27.01.25Hello everyone, dear friends!
While bitcoin is holding in the phase of uncertainty, I suggest to consider the Op/Usd pair.
The price has been trading in a wedge structure for a long time, having formed a divergence. The spring is compressed for a long time and at the current moment I expect a breakdown on volume of the upper boundary of the triangle. Targets, entry point and stop loss are indicated on the chart.
From the recent:
Ldo from January 19:
Current picture:
Want more and, most importantly, for free, write in private messages, I will give access because here is forbidden advertising of third-party links.
Happy bidding!
what is the most effective indicator?There isn’t a single "most effective" trading indicator that works for everyone, as effectiveness depends on your trading style, strategy, and the market conditions. However, some indicators are considered more versatile or reliable when used correctly. Here's a breakdown to help you choose:
Most Effective for Trends:
Moving Averages (EMA or SMA):
Simple and effective for identifying trends.
Works well in trending markets but less reliable in sideways or choppy markets.
Pro Tip: Combine short-term and long-term moving averages for crossovers.
Ichimoku Cloud:
A comprehensive indicator that provides trend direction, support/resistance, and momentum.
Effective but requires practice to interpret correctly.
Most Effective for Overbought/Oversold Levels:
Relative Strength Index (RSI):
One of the most popular and effective indicators for spotting overbought or oversold conditions.
Works well in both trending and range-bound markets when combined with other tools.
Stochastic Oscillator:
Similar to RSI but includes %K and %D lines for crossovers.
Effective for momentum confirmation.
Most Effective for Volatility:
Bollinger Bands:
Great for identifying periods of high or low volatility and potential breakout zones.
Useful for sideways (range-bound) markets and trend reversals.
Average True Range (ATR):
Excellent for setting stop-loss levels and identifying market volatility trends.
Works well in conjunction with trend indicators.
Most Effective for Momentum:
Moving Average Convergence Divergence (MACD):
Ideal for spotting trend reversals and momentum shifts.
Effective when used with a confirmation indicator like RSI.
Parabolic SAR:
Simple for identifying trend direction and potential exit points.
Works best in trending markets.
Combination for Higher Effectiveness:
Trend + Momentum: Combine EMA with MACD to identify trends and entry/exit points.
Overbought/Oversold + Volume: Use RSI with Volume Indicators (e.g., OBV) to confirm breakouts or reversals.
Volatility + Trend: Use Bollinger Bands with Ichimoku Cloud to spot breakout opportunities with clear trend guidance.
BTC Update (4H)Bitcoin seems to have made a strong bullish move, and an important knot has been cleared. This clearing will likely retrace downward but with a time correction.
The target is the green circle.
Closing a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin Price Analysis: Breakout Potential and Targeted Upsidehello guys!
The Bitcoin (BTC) price chart shows a strong upward trend after breaking out from a key resistance level. The breakout occurred around January 20, 2025, when the price surged through a horizontal resistance zone. The bullish momentum suggests that the price is headed toward the next significant resistance level near $110,000, marked by a potential target zone highlighted on the chart.
what I see:
Breakout Confirmation: BTC has successfully broken out from a consolidation zone, as indicated by the strong upward movement after the breakout.
Bullish Channel: The price is trading within an upward-sloping channel, with the breakout occurring near the middle of the channel. This suggests that the market has significant upward potential.
Potential Resistance: The next critical resistance lies at the $110,000 level, and if the price continues to gain momentum, it could reach $115,000, as seen in the forecasted range.
Support Level: A major support level lies near $99,000, which could provide a strong base for any short-term pullbacks.
GBPAUD Retesting Resistance with a Potential for Price ReversalGBPAUD is currently trading at 1.981, with a target price set at 2.000, indicating a potential gain of over 200 pips. The market analysis is based on the support and resistance pattern, which suggests key price levels where the pair may react. Currently, the pair is in a retesting phase, meaning it is testing the resistance level after a previous breakout or price movement. This retesting phase helps confirm whether the resistance holds or breaks. If the resistance holds, it signals a potential reversal, leading to a price drop. Traders are advised to closely monitor this retesting period for confirmation before taking positions. A rejection at the resistance level could trigger a bearish move. Patience during this period is critical to avoid premature entries. This setup reflects a potential opportunity for experienced traders following technical analysis strategies.
"Gold Approaches Key Resistance: Potential Sell Opportunity"The chart indicates that gold (XAU/USD) is approaching a resistance zone near the **2,800.000 level**. A "Possible to Sell Zone" is marked, suggesting this area could trigger selling pressure. The price has been trending upward, respecting the trendline, but now faces potential rejection from the resistance.
Key observations:
1. **Resistance Zone**: The area around **2,800.000** is a strong resistance where sellers might step in.
2. **First Target Spot**: If the price rejects the resistance, a pullback to the **2,725.000 level** (first spot) is anticipated.
3. **Trendline Break Potential**: A break of the upward trendline could accelerate bearish momentum toward the target.
**Outlook**:
- Watch for bearish price action near the resistance zone to confirm a selling opportunity.
- A strong rejection or trendline break would validate a short trade, with the first target being **2,725.000**.
BEL ANALYSIS🚀#BEL Analysis :
🔮As we can see in the chart of #BEL that there is a formation of "Falling Wedge Pattern". In a daily timeframe #BEL broke out the pattern. Expecting a bullish move in few days if #BEL retest the levels
⚡️What to do ?
👀Keep an eye on #BEL price action. We can trade according to the chart and make some profits⚡️⚡️
#BEL #Cryptocurrency #TechnicalAnalysis #DYOR
BITCOIN → New targets! What will happen to ALTCOINS ?BINANCE:BTCUSD went into consolidation after a failed attempt to break through the 108K resistance. Nothing terrible happened, the weekly structure is quite strong, and the market needs to build up its potential. What is happening and what to expect in the future?
In the week ahead, the focus is on the US rate meeting, GDP and PCE. If the US macroeconomic data disappoints, it could lead to a lower dollar and more interest in BTC.
As for Trump, he may give a good driver to the market if he pushes for the inclusion of BTC in the federal reserve, which is what the crypto trading community is waiting for now. But, it should be realized that tight US monetary policy and possible further rate hikes create pressure on high-risk assets, including bitcoin.
In a sideways moving environment, BTC dominance remains stable, around 50-60%. Altcoins are more likely to perform weakly in such an environment, with the exception of a few highly liquid assets.
If BINANCE:BTCUSD drops to 91.7К - 95К USD, it is likely that capital will continue to stay in BTC as investors focus on risk mitigation. Altcoins can only show growth if bitcoin has a new momentum above 107,400 USD.
Resistance levels:106.9, 107.5
Support levels: 102.5, 99950
Because of the strong resistance, the price is very likely to test one of the key support levels. And already from 102.5 - 100K a rather aggressive rebound may follow. But it is necessary to observe the character of the price and its approaching to these or those strong levels. Sharp movements often end in reversals, when smooth and gradual heralds a breakout.
Regards R. Linda!
BTC/USDT chart analysis !
BTC is retesting the breakout point near the descending trendline (around $98,000-$100,000).
If buyers step in, this retest could act as a launchpad for a potential bounce.
The green zone ($92,000-$96,000) remains a crucial area of demand, offering strong support in case of a deeper retracement.
The 50-day SMA (red line) is moving upwards, currently around $98,000. It acts as a dynamic support level.
BTC is slightly above the 21-day SMA (black line), which suggests short-term support.
Despite the pullback, the overall structure suggests a bullish continuation.
The orange projection shows a potential consolidation followed by a move towards higher targets near $112,000-$116,000.
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
BTC.D - Official Alt Season ?Charting this on a weekly timeframe is tough, so use it as a reference point only.
I’ll provide more precise analysis on lower timeframes, but this represents my general macro outlook. But: Start preparing for an Exit Strategy. You are warned.
1st area of Interest = Green Box (45-46%)
2nd area of Interest = 43% Horizontal Support and close Trendline Support
3rd area of Interest (in case we got very lucky) = 39.70%
Bitcoin (BTC): Bloody Monday!On smaller timeframes, we can see the true meaning of "Bloody Monday."
Sellers started to sell aggressively, liquidating a lot of buyers who were FOMO-ing near top.
Now this might be just the beginning, as we are looking for the $91K zone to be reached, which will be the next zone where major moves will happen.
So far everything seems decent so let's wait now to see if the Monday candle will close!
Swallow Team
Bitcoin (BTC):Buy The Rumour, Sell The News / Sellers DominatingAnother week of volatility is here! Last week's candle (which is marked as a candle of inauguration) made a new ATH before all the liquidity hunting, and now eventually we see price is seeing some decent selling pressures.
Now our view on the bigger picture has not changed; we are still looking for some proper downfall to happen, which would shake out all the new traders and gamblers.
We like to call this scenario "Buy the rumour, Sell the news."
Now rumours are over so now the only thing left is action.
Swallow Team
BTCUSD Weekly Double TopsAs I analyse CRYPTOCAP:BTC - it is now at a crossroads. If in the upcoming week the price doesn't go up, it can possibly be bearish. However, we have a strong support around $92-93k, and if that's broken, we have to be careful.
Notice how it looks like a double top on the weekly - the second wick is manipulation before distribution. Trust me, Im bullish on BTC, but I will be taking some profits and monitor the price closely.
Trade well, and stay safe!
DOGE potential for 19% short term gain based on Neural Network
Hi all, I developed an simplified AI indicator and I applied it to the DOGE 4 hour time frame chart and got positive results. On average, the backtest is showing roughly a 19% gain per LONG trade. According to the script, we just exited a short trade, and entered a long trade, and the average long trade yields 19%.
Looking at DOGE’s recent price action and leveraging my custom neural network backtest, there's a strong possibility that the coin could see a short-term gain. The model has been extremely accurate in predicting these types of moves, taking into account factors such as market momentum and volume patterns. With the technicals aligning, it appears that DOGE is positioned for a bounce, especially with the broader crypto market showing positive signals.
Keep an eye on DOGE, as the bullish momentum might just surprise us with something bigger.
Bitcoin’s Next Movement=>Symmetrical Triangle!!!On January 24, 2025 , the latest U.S. Flash Manufacturing and Services PMI data was released, revealing mixed signals about the economy . These indicators often influence market sentiment and could drive volatility in Bitcoin and others.
Manufacturing PMI : Rose to 50.1 in January from 49.4 in December, signaling a slight improvement in manufacturing conditions.
Services PMI : Declined to 52.8 from 56.8 , marking the slowest growth in nine months .
Potential Impact on Bitcoin( BINANCE:BTCUSDT ) :
The slowdown in the services sector may lead to increased market uncertainty, potentially driving investors toward alternative assets like Bitcoin. However, the modest uptick in manufacturing could offset some of this uncertainty.
Overall, Bitcoin might experience heightened volatility as markets react to these mixed economic signals.
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Regarding the news of the last 24 hours that came in the crypto , the news has been positive as in the past days and weeks:
President Trump signs an executive order for a national Bitcoin strategic reserve.
SEC Eases Rules for Banks to Safely Hold Bitcoin and Crypto.
In general, from Donald Trump's inauguration until Trump's speech , the crypto market has been very excited , and we even saw a bull trap in the Bitcoin chart.
Generally, the news can affect the trend , but we must also pay attention to the technical zones on the chart .
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Now, let's take a look at the Bitcoin chart on the 1-hour time frame .
Bitcoin is moving in the Resistance zone($107,300-$105,400) near the upper lines of the Symmetrical Triangle .
Educational Tip : A symmetrical triangle is a continuation pattern where the price forms converging trendlines of lower highs and higher lows, indicating market indecision. A breakout usually follows, signaling the trend's direction.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Bitcoin to once again decline to at least the lower lines of the symmetrical triangle . In general, if any of the lines of the symmetrical triangle are broken, Bitcoin can continue in the same direction .
Note: In general, the Volume Trading on Saturday and Sunday is low, and if Bitcoin fails to break the upper lines of the symmetric triangle in the next few hours, we can expect Bitcoin to correct to the first target that I specified in the chart.
Note: If Bitcoin goes above $108,520, we can expect Bitcoin to increase at least to Cumulative Long liquidation Leverage($111,053-$109,594).
Can Bitcoin make a new All-Time High(ATH)!? Please share your ideas in the comments.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour 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.
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Bitcoin: Probabilities NOT Opinions.Bitcoin has not done much in the previous week besides defining the range of the trade area that I anticipated a week earlier (in a matter of one day actually). The key technical points are established and it is a matter of catalyst and confirmation when it comes to aligning with the potential trade areas that can develop over the coming week. The 105K AREA is the key resistance while the 100K AREA continues to be the key support. Price action confirmation in either one of these areas can justify risk for smaller time frame strategies.
This is a tricky time, and one where the wrong opinion will be very costly which is why I am a big proponent of probabilities NOT opinions. The broader trend is bullish which means resistance levels are more likely to break, UNLESS proven otherwise. With a double top now established in the 105 to 108K area, the higher probability entry for longs would be the low 100K area. Which can also offer shorting opportunities for smaller time frame strategies. IF 100K is cleared, that would increase the chances of a 90K test.
This may be a Wave 4 of a much broader Wave 3. There is no way to know for sure until the market breaks one way or the other to confirm. In bullish trends, support levels tend to be maintained which presents buying opportunities at least on smaller time frames at the 100K area, anticipating a test of the 105 to 108K. This type of price action can be classified as a consolidation on the short term and expectations should be adjusted for that.
What about a bullish break above the 109K area high? While the general price structure favors such a scenario, the question is what is going to drive the price? Instead of trying to guess, IF this is the path the market will choose, I would rather WAIT and let the market confirm before taking any action. Sure I would have to sacrifice better entries, but I am okay with that if it means getting on the right side of the price momentum.
Thank you for considering my analysis and perspective.
Bitcoin analysis: does the trend continue?hello friends
Considering the good upward trend we have in Bitcoin
Now, the price has made a pattern with the correction that it has made, which seems to be a continuous trend, and with the valid failure of the pattern, we can enter into a purchase transaction with capital management...
We have specified the goals for you in order.
*Trade safely with us*