Btc-e
Another attempt for the 101-102K bounceMorning folks,
So market stands in the narrow range for the 3rd week already and not leaving hopes to show the bounce up to 101-102K area. Last attempt (in the way of cup pattern that we've discussed last time) has failed.
We don't care about it because mostly stay focused on weekly bearish DRPO pattern. Thus, any bounce here we consider first as a chance to Sell. And only second as a possible upside continuation.
For now BTC is trying to make an another attempt and form reverse H&S pattern on 1H chart. So target remains the same 101-102K. We have no intention to go long right now. But, if you trade intraday or just search chances to buy - maybe be this setup might be useful to you.
Supposedly 96K is an area where decision on position taking has to be made.
I keep the "bearish" mark for this setup. But, as now as last time - the bounce to 101-102K area are not excluded.
Bitcoin's Final SurgeBitcoin’s been loitering in distribution for 3 months — like a bloated whale carcass washing ashore. Altcoins? Down 50% or more in the same stretch. They’ve juiced Bitcoin’s price, gutted the alts, and pocketed the spread. Next up: BTC’s final lurch to 120k, dragging those discounted alts along for the ride. Clock’s ticking — 193 days left in this cycle, give or take. Big fish will pile in late, right before the cliff, then dump their alt bags on the crowd. Same game, different year.
Horban Brothers.
Levels to watch out The market has been stuck in a range for almost three weeks now. Unless we see a decisive break either below 90,000 or above 99,000, it’s tough to predict the next move. However, if we do break either level, it could trigger a sharp move—likely towards 125,000 or 75,000, with the latter seeming more probable at the moment.
That said, time will tell. Personally, I’m expecting a short-term rally back to 99,000, especially after the recent head-and-shoulders pattern that’s been forming.
BTC Short SqueezeBitcoin is currently trading green for the week, where it currently sits at US$96,700.
The Bollinger bands are continuing to compress, indicating that the price range of which Bitcoin is trading is narrowing.
Should we get a kick in volatility in the coming days, below are some potential outcomes.
Sentiment in crypto markets have taken a hit in recent weeks, with the fear and greed index currently indicating market sentiment as fearful.
Global exchange data from Coinglass suggests that if Bitcoin surges to US$100,000, up to $5 billion in short leveraged positions could be liquidated, triggering a potential short squeeze as traders rush to cover their positions.
Bitcoin volatility has also dropped to its lowest point since August 2024.
Bullish Scenario
Price may head towards $102k which is the February monthly open; this could be fuelled by a short squeeze – based on what we know from the exchange data referenced earlier.
Bearish Scenario
Price failing to remain above the yearly open of circa $93k could result in a move back towards the January low of $89k.
$BTC have a gold fractal!Please pay attention to the Bitcoin chart and the Gold fractal! It's incredible, but it looks very similar. The level of correlation is quite high! Similar formation of tops, bottoms, breakout without retest and then now breakout phase with retest. The retest was successful. Very soon there will be the strongest growth! Good luck!
Horban Brothers!
We're going for an update of the highs!High number of eliminations per level at 100k+, I believe we are at the starting point stage and will see insane growth soon enough! Altcoins are flying away as soon as the 100k mark is crossed, as this is the psychological level for locking in a huge number of positions. Then the profit distribution will start and the very alt season that everyone is waiting for!
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Back above $95,878 support, $97,780 resistance in effect, previous 1D closed with bullish engulfing, time to see if current daily can follow thru. RSI and MACD on 1D looks good with potential to test $99,361, with weekend approaching current weekly also looks pretty good, Current support at $95,878, continue watching given s/r.
BTC: QUICK UPDATE!!🚀 Hey Traders! Ready for BTC’s Next Big Move? 👋
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📈 Bitcoin is gaining bullish momentum! It’s breaking out from the symmetrical triangle on the 4H timeframe. If it holds above this triangle then we will see a test to its previous ATH ($107K-$108K)!
🔥 What’s your take? Are we about to hit new highs, or will BTC face resistance? Drop your thoughts in the comments!
Let’s dominate this market together—stay tuned for updates! 🚀💰
BTCUSD: The magic of the .618 Fib signals $165k.Bitcoin is about to turn neutral again on its 1D technical outlook (RSI = 44.436, MACD = -739.700, ADX = 52.589) in an attempt to form a new bottom for February on its 2 month consolidation phase. This consolidation phase is technically no different than all others since the 2023 Bull Cycle started. We have had three such consolidation phases, two longer, one shorter but all started after market tops on a +1.0 Fibonacci progression: 1st on the 1.618 Fib, then on the 2.618, the 3.618, which brings us to the current ATH on the 4.618 Fibonacci extension. Technically the next one should be on the 5.618 Fib (TP = 165,000) then only thing that's open is whether it will follow the 2023 longer consolidation or 2024 shorter. If it follows the longer, then the 165k target may coincide with the Cycle Top towards September.
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#BTCUSDT #4h (Bitget Futures) descending channel breakoutBitcóin just regained 20EMA support, printing a three-white-soldiers pattern. Looks good for bullish continuation from here.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Long)
Leverage: Isolated (10.0X)
Amount: 4.9%
Entry Zone:
98356.7 - 97312.9
Take-Profit Targets:
1) 102615.4
1) 106215.9
1) 109816.3
Stop Targets:
1) 93834.3
Published By: @Zblaba
CRYPTOCAP:BTC BITGET:BTCUSDT.P #4h #Bitcoin #PoW bitcoin.org
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.9% | +85.7% | +122.5%
Possible Loss= -40.9%
Estimated Gaintime= 1-2 weeks
BTC/USDT weekly chart update, here are some key observations: The price is around $96,063, hovering near the resistance zone slightly below $100,000. This indicates that the market is still testing higher levels.
Potential Head & Shoulders Pattern:
This formation appears to be a head and shoulders pattern, which is often seen as a bearish reversal signal. The left shoulder, head, and right shoulder are recognizable, and a breakdown could indicate downward momentum.
The overhead resistance barrier near $100,000 has proven challenging, and failure to break this level could increase selling pressure.
If the price declines, the chart suggests looking at support around $80,000. This level appears to be crucial for maintaining upward momentum.
Green areas indicate bullish momentum in previous cycles, but if the current pattern persists, some traders may start positioning for a potential decline.
Traders should keep an eye out for a breakout above $100,000 for bullish confirmation or a decline below support levels around $80,000, which could signal entering a bearish trend. Keep an eye on volume and market sentiment as these can significantly influence price movements.
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
DOGE Long Swing Trade Opportunity Market Context:
DOGE is trading in a major support zone, signaling a potential opportunity for a swing trade if the level holds and bullish momentum returns.
Trade Details:
Entry Zone: Around $0.25
Take Profit Targets:
$0.28 - $0.31
$0.34 - $0.37
Stop Loss: Just below $0.235
This setup aims to capitalize on the support zone for a potential upside move. 📈
LITECOIN 4H (LTC)Litecoin is one of the best performing majors in recent weeks and finds itself around the mini range highs in an area of key resistance. The way I'm looking at this chart is in two separate sections of the same mini range, a lower range and upper range with an area of indecision between that separates the two.
Despite how choppy the market has been price can be clearly analyzed in this format:
Lower range - Clear level of support where buyers are stepping into the market aggressively to rebound any sell off and pushing price up further towards the 1D 200 EMA. There is one instance of price sweeping below range low and quickly reclaiming back above, that move has been a catalyst for bullish PA ever since with a strong bullish structure.
Upper range - The top of the upper range has yet to be retested as there is major resistance area position just before it, this bearish orderblock has rejected 4 times and is now being tested for a 5th at time of writing. It is important to note that the 1D 200 EMA is currently at its highest point during this rangebound environment, coupled with higher highs and higher lows on the low time frames, Litecoin is looking good currently.
However, bitcoin is still very much the dominant force in the market, and without bitcoin paving the way I can't see LTC making a breakout move just yet. In order for Litecoin to make a run for the highs I would like to see BTC @ $98,000 with a full reclaim of the weekly midpoint (See weekly outlook).
To conclude, Litcoin is in better shape than most other coins but this rangebound environment should be treated as such until proven otherwise, no action needs to be taken in the main bulk of either the upper or lower range, just the tops and bottoms are worth acting on IMO.
Bitcoin consolidation rangeUnfortunately so far it looks like BTC is forming a bullish consolidation range (bull flag/pennant) on month timeframe. I don't like that scenario as it leads to very choppy and bloody spring and summer, all the way till quarter 4 when BTC finally breakout.
But I still have full confidence in my cycles chart. Forth quarter will be epically bullish .
BTC : This May Be Your Last Chance Before Exploding to Upside !!The price continues to move well within the wedge, and if this wedge is broken, you will no longer see Bitcoin below 100k dollars.
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!!
This Bitcoin BTC Bull Run Is Unstoppable!Hello, Skyrexians!
Last 2 months BINANCE:BTCUSDT is struggling to continue growing and as we can see most of traders now are sure that bear market has been started already, but this time can be really different and this rally can lasts much longer than usual.
On the weekly time frame we can see that Fractal Trend Detector shows the strong bullish phase. Price was not able even to break the green support zone on the indicator. We suppose that the wave from $15k to FWB:73K was just the wave 1 inside global wave 3. After that price retraced almost to 0.5 Fibonacci level and now this is wave 3 in global wave 3. This wave has a target zone between $140k and $200k. Currently price is finishing subwave 2 in wave 3. It looks like a flat correction. So, the target is not so deep, at 0.38 Fibonacci at $86k. From there we expect the huge rally inside the most impulsive wave C.
Best regards,
Skyrexio Team
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BTC | NEWS | Abu Dhabi Invests $436.9M in ETFAbu Dhabi's sovereign wealth fund, Mubadala Investment Company, has made a significant investment in Bitcoin by purchasing $436.9 million in shares of the iShares Bitcoin Trust (IBIT).
This MUST be a clear indicator that they are bullish on BTC, at least for the longer term.
Investment firms most commonly invest with the eye on the longer term, and are usually unphased by short term swings like daily or even weekly corrections. This is, if anything, extremely bullish for BTC in the longer term (1 year and possibly beyond).
In similar news; the potential of the SEC approving XRP ETF is causing optimism for XRP.
XRP has recently made great progress in terms of fundamentals, more on that HERE:
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BINANCE:BTCUSDT
BITCOIN Is the USDT dominance about to spark new rally to $150k?Bitcoin (BTCUSD) has been on a fierce consolidation the past few weeks, a lagging price action not helped at all by the recent market fundamentals.
From a technical view point though, the current BTC market structure is a Re-accumulation Phase similar to the Re-accumulation Phases of both previous Bullish Legs since the November 2022 bottom.
Those Re-accumulation Phases took place when the USDT dominance (chart on the right) posted a peaking 1D RSI struture similar to today's and the DXY (blue trend-line) was having a pull-back.
The current technical sequences matches the exact Re-accumulation Phases of BTC, which took place around the 0.5 Fibonacci level. If we apply this Fib structure now, even assuming the less ideal scenario that the 0.5 Fib is on the January 13 Low and not in the middle of the Re-accumulation, we get a potential Target for the upcoming rally at $150k.
SO what do you think? Can this unique USDT dominance pattern spark a new rally on Bitcoin to 150000? Feel free to let us know in the comments section below!
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