Peaq - 10/02/2025Welcome,
I think this is one of the best opportunities for a Crypto project with so much potential.
I have been keeping an eye on this project for a long time, and around 0.20c is really the best time to buy this coin.
Some tokens will be released on the 12th, but I think it is already oversold.
No financial advice.
Kind regards, Jids
BTC-M
Bitcoin is mimicking gold: Fractals are bullish!Bitcoin is following gold in its pattern formation. Fractal analysis of gold and Bitcoin reveals similarities in both charts. While gold is slightly ahead of Bitcoin, the same pattern is emerging on Bitcoin’s chart. If Bitcoin follows gold’s performance, it is likely to break out of this widening wedge pattern and reach new all-time highs, aligning with my previous analysis.
Bitcoin is hunting for liquidity, What's next?📊 After attempting to break $100K, Bitcoin faced another rejection.
What’s happening now?
The SMA shows that Bitcoin is still in a short-term downtrend, struggling to gain momentum.
Right now, it’s hovering around $96,400 – $96,500, trying to stabilize.
The key support to watch is $94,400 – $94,600—if it holds, we could see a bounce. If not, things might get shaky.
On the upside, Bitcoin needs to break $100K first before making a real move toward $103K and beyond.
For now, all eyes are on the $94K support.
Will BINANCE:BTCUSDT hold or dip lower? What do you think?
"Gold (XAU/USD) Breakout and Retest: Bullish Continuation or RevThe chart shows a strong bullish momentum in gold (XAU/USD) with a rounded retest pattern. Price recently broke a key resistance and is now testing it as support. There is an indication of a potential sell from the current high, but a successful retest of the breakout zone could confirm further bullish continuation. The buy target is set around 2,931, while the sell target is near 2,882. If the price holds above the breakout zone, buying pressure is expected to continue. OANDA:XAUUSD
BITCOIN This is what happened on the last 1D MA100 double test.Bitcoin (BTCUSD) hit yesterday its 1D MA100 (green trend-line) for the second time in 6 days and is reacting on a bullish note early today following basically 4 straight flat 1D candles.
We mentioned the importance of the 1D MA100 as a Bull Cycle demand level on previous analyses. What we didn't discuss though is how BTC behaved the last time we had a 1D MA100 double test on such short time-frame.
As you can see, the last time Bitcoin had a 1D MA100 Double Test within a 1-week time-frame was on October 10 2024 and the one before that on May 08 2024. The common characteristics of both those fractals was that the 1D RSI held the 43.00 level (just like it's doing today) and the price rebounded to hit the respective Resistance Zone from the previous High. Channel Up patterns emerged on both occasions, the difference is that in May 2024 BTC got rejected on the Resistance Zone, while on October 2024 it broke to the upside aggressively following the U.S. elections.
As a result, we can target at least $108k on the short-term. Since long-term Accumulation Phases like March - October 2024 only take place two times at most during each Cycle (and we've already had this twice already), we give more probabilities to an extended rally like November - December to a new All Time High. Long-term traders may seek to sell these positions when the 1D RSI approaches the 85.00 profit taking level (overbought).
But what do you think? Is BTC starting a rally to at least $108000? Feel free to let us know in the comments section below!
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BTC 30 min downtrend 8 Feb 2025I want to see BTC sweep the higher golden pocket and then come down to test the value area low and maybe a wick to the lower Vwap my white lines i'm hoping for candle bodies only - Looking for volume in those areas ! if nothing then no trade !
Weekend volume can be low but lets see what happens!
Started a paper trade account 100K on 2 Feb
Currently @ $507K my goal is $1m
Tricks around 102.4K targetMorning folks,
So, our weekly bearish DRPO "Sell" pattern has been confirmed. It means that until market either complete its 81K target or remains under 102.5K its invalidation point - this pattern presents the risk for the bulls.
With all this stuff on the table we make two decisions. First is - we cut potential upside target down to 102.4K area by two reasons. First - this is 0.618 expansion and it agrees with major 5/8 resistance level. Second - this is invalidation point of weekly DRPO "Sell" pattern.
So, conclusion is follows. For long-term traders we suggest to not consider any new long positions until DRPO is valid. For short entry with DRPO - keep an eye on 102.5K area.
For intraday traders we suggest that long position is still acceptable but with the new 102.4K target and very tight stop - just under 94K lows. Market has to start upside action now. If it will not happen, then it will not happen at all and weekly DRPO will start working.
I mark this setup as "Bullish" because of 102.4 target. But, in general we have bearish view until DRPO stands in place.
Bitcoin (BTC) – Current Market OverviewConsolidation Range:
Bitcoin is currently consolidating within a well-defined range between $92,000 and $108,000, with significant support holding above the $90,000 mark. This range presents trading opportunities for both buyers and sellers depending on market conditions.
The $92,000 support level is particularly important, as it provides a base for the price to hold above and indicates strong demand. As long as BTC remains above this level, the bullish outlook stays intact.
Market Dynamics & Volatility:
Recent selling pressure has caused some downward movement, but the price staying above $90,000 suggests that buyers are still in control, which supports a bullish thesis.
The market’s decreasing volatility indicates that Bitcoin is likely building momentum for a major move, with the current phase acting as a consolidation or accumulation period. This narrowing range could lead to a significant breakout once the price shifts direction.
Key Levels:
Resistance: The $108,000 level is a crucial resistance point. A breakout above this level could send Bitcoin on a bullish rally toward $124,000, as the price would be clearing a key area of selling pressure.
Support: The $92,000 support remains vital. A sustained drop below this level would put significant pressure on the bullish case, and further downside could challenge the current market structure.
Outlook:
Bitcoin appears to be coiling for a major move, with the market likely preparing for a breakout in either direction. A break above $108,000 could lead to further upside toward $124,000, while a drop below $92,000 would raise concerns about potential bearish action.
Conclusion:
Consolidation around the $92,000 to $108,000 range is providing an opportunity for Bitcoin to build momentum, with buyers maintaining control for now. A breakout above $108,000 would potentially push Bitcoin towards $124,000, but careful monitoring of the $92,000 support is key for maintaining the bullish outlook.
Bitcoin Macro Update: Echoes of 2015-2017 | Gold, M2, and CPI
In this macro update, I dive into Bitcoin’s price action and how it mirrors the 2015-2017 cycle. We analyze key macroeconomic indicators, including Gold, Global M2 money supply, and FRED data, to understand Bitcoin’s positioning in the broader financial landscape. With inflationary pressures and CPI trends shaping liquidity flows, is Bitcoin primed for another parabolic run? lets let the market decide.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Almost a week now consolidating between $100,334-$95,878 range, $95,878 support holding good, Current 1D candle looking good with some potential to test $99,361 resistance if closes with bullish engulfing today which is being formed as of now, RSI also with potential to turn bullish on 1d, $94,148 next support area, $91,357 key support, $102,280 support regain will bring $104,987 test. Watch Given S/R
ATCryptoScan: BTCUSD About time to downThe recent price action stalled flattish with 4 days of doji... but overall, these doji have long upper tails. This means that with every attempt intraday to rise, eventually it is smacked down. Hence, selling pressure not tremendous, but enough to keep it in place.
MACD though a slightly lagging indicator, has already heads up that the daily chart of BTCUSD is in bear territory. Just need price to follow and complete the picture.
The window is opened for the revised target of mid-Feb 2025 accumulation at about 88,000.
Watch the weeks to come...
Potential bearish drop?The Bitcoin (BTC/USD) is rising towards the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 97,706.94
1st Support: 91,311.03
1st Resistance: 101,849.75
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Bitcoin’s Fake Breakouts—Bears Taking Control!?Bitcoin ( BINANCE:BTCUSDT ) failed to defeat Resistance zone($100,520-$97,200) , the 50_SMA(Daily) , and the Monthly Pivot Point for the umpteenth time and even created a Fake Break .
It also seems that Bitcoin has been unable to break the Resistance lines .
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing the corrective wave so that the structure of the main wave C is the Expanding Ending Diagonal .
I expect Bitcoin to break the Support zone($96,520-$95,720) and touch $95,500 this time, I told you about the importance of this price in the previous post .
Note: If Bitcoin can break the Resistance zone($100,520-$97,200) , the 50_SMA(Daily) , and the Monthly Pivot Point , we should expect an increase to Cumulative Short Liquidation Leverage($103,210-$102,454) .
It doesn't seem reasonable for Bitcoin these days to provide a long-term or even mid-term analysis, and we need to stick to a series of resistance and support levels in order to determine the next targets. Do you agree with me?
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: Watch Low 90K Test For Long Setup.Bitcoin is near the lower part of its broader bullish consolidation. This means swing trade shorts are higher risk, while longs lower risk. How you navigate this area depends on the time frame you use to evaluate your trade signal and risk. The key location to watch for the coming week is the 93,500 to 92,500 support AREA which is part of a larger support zone. A bullish retrace from this area offers potential of at least 2 to 3K points which is a conservative estimation. IF this support area gives way (decisive break of 90K), then all bets are off until new levels establish themselves.
Recent movements have been wild thanks to all of the drama in the news. People who consume and react to news events will often find themselves stuck in painful positions. Chasing news, reacting to dramatic price movements and/or random signals/patterns on charts in leads to random results. You want to capitalize on participants who make these mistakes by anticipating their behavior and this is best done by evaluating ONLY TWO market components: support/resistance and trend. As simplistic and obvious as this may sound, this is the information that helps you build a more accurate lens to judge a market.
Both of these components depend on the time fame you choose to operate. For this analysis, that is the swing trade time frame. Recent trend can be categorized as range bound. That has been clear for weeks now. In range bound environments, support and resistance levels have a greater tendency to HOLD until one side eventually breaks If we zoom out on Bitcoin (monthly) we can see this consolidation is likely a broader Wave 4, or a broader higher low. IF
I have to bet on a side, it would be bullish. For me this means expect more for longs, ESPECIALLY from major support areas and LESS from shorts, ESPECIALLY from resistance areas on this time frame.
For example: with this context in mind and planning to take a swing trade, having a price point in mind (93K AREA see arrow), you now WAIT for confirmation in the anticipated area. IF it appears, risk can be defined around 89,500. That's 3.5K points which may sound like a lot, but the profit potential if it bounces is AT LEAST 4 to 5K points based on the current levels. How you manage this all depends on your risk tolerance and account size but in my opinion it is a risk worth taking.
Thank you for considering my analysis and perspective.
BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible.
On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective
Briefly, here's what's going on:
Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ...
Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss.
Support levels: 95.8 (trigger), 91300, 90K
Resistance levels: 100.2, 102.67
Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow.
At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling
Regards R. Linda!
BTC SHORT TP:94,500 08-02-2025BTC is currently seeking a short position on a one-hour timeframe, with a take profit set in the range of 94,000 to 94,500. This expected movement should materialize within 8 to 16 hours; if it does not occur within this timeframe, the analysis will be deemed invalid. Please remain attentive for updates to monitor this position closely.
Why Bull Market Is Not Over For Bitcoin BTC?Hello, Skyrexians!
Recently we have see the drop on BINANCE:BTCUSDT to $91k. We can't understand why it caused so much fear and negative in crypto communities. This is still next to ATH but fear and greed index dropped into the fear territory. This is great sign for bull run continuation and now we will explain you this statement with the technical analysis.
Let's take a look at the weekly time frame. Before December we had a great probability
that anticipated growth from $50k to $100k could be the final wave 5 of the bear market, but price action has broken the potential Awesome Oscillator's bearish divergence. It gives us the confidence that this move was just the wave 1 in wave 3. It means that the most impulsive growth ahead. The minimal target is 1.61 Fibonacci at $140k, maximal at $200k. We believe more in $200k, but watch out our updates because targets can be recalculated.
Best regards,
Skyrexio Team
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