BTC
Big picture box zone: 93576.0-106133.74
(Title) The point of interest is whether it can escape from the important support and resistance zones in the big picture
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Because the coin market has become volatile, it is necessary to check what USDT and USDC will look like.
If USDT or USDC shows a gap-up pattern, it means that funds have flowed into the coin market.
If it shows a gap-down pattern, it means that funds have flowed out of the coin market.
If USDT or USDC gapped down, there is a possibility of profit taking, which is an outflow of funds while driving up the price.
This movement will eventually lead to a decline in the coin market.
(BTC.D 1D chart)
If BTC dominance falls below 55.01 and remains or shows a downward trend, I think there is a high possibility that an altcoin bull market will begin.
(USDT.D 1M chart)
If USDT dominance rises above 4.97, I think the coin market is likely to show a large decline and show a downward trend.
If USDT dominance falls, it is expected to fall to around 2.84 and then show an upward trend.
If it touches around 2.84 and rises, the coin market is likely to turn into a downtrend, so you should think about a countermeasure for this.
Because the rising USDT dominance means that the coin market is likely to show a downtrend.
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(BTCUSDT 1D chart)
If the price is maintained above 97461.86, BTC is likely to show a short-term uptrend.
At this time, the resistance zone is
1st: 101947.24
2nd: 106133.74
It is likely to be around the 1st and 2nd above.
Therefore, the 101947.24-106133.74 zone corresponds to the high point boundary zone.
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(1M chart)
The short-term uptrend I mentioned earlier is actually meaningless in the big picture.
Since the BW(100) indicator of the 1M chart was created at the 93576.0 point, the 93576.0 point corresponds to the high point boundary point.
Therefore, the price holding above 93576.0 means that it is in the high point range.
Therefore, if it falls below 93576.0, it will fall from the high point range, so it is highly likely that a downtrend will begin in the big picture.
You can see how important the area around the 93576.0 point is.
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(1W chart)
The HA-High indicator of the 1W chart is formed at the 94742.35 point.
The BW(100) indicator on the 1W chart is formed at the 104463.99 point.
Therefore, the 94742.35-104463.99 section corresponds to the high point boundary section when viewed on the 1W chart.
Therefore, in order to continue the uptrend, it must rise above the 94742.35-104463.99 section.
If not, if it falls below 94742.35, it is likely to show a downtrend.
Since the StochRSI indicator on the 1W chart is in the oversold section, we need to check whether the StochRSI indicator turns upward due to the price increase this week.
Among the interpretation methods of the StochRSI indicator, based on the 50 point,
- When it is below 50, you should focus on finding the time to buy,
- When it is above 50, you should focus on finding the time to sell.
In particular, when entering the overbought or oversold zone, it is necessary to focus more on where the price shows support and resistance.
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To summarize the above, the important support and resistance zones in the big picture are the 93576.0-94742.35 zone and the 104463.99-106133.74 zone.
Because it is highly likely that a new trend will start when it breaks out of these two zones, you should trade within the box zone until then.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire BTC zone.
(BTCUSD 12M chart)
Looking at the big picture, it seems that it has been maintaining an upward trend following a pattern since 2015.
That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
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(LOG chart)
As you can see from the LOG chart, the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you to decide how to view and respond to this.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
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BTC LONG TP:102,000 08-01-2025Bitcoin recently underwent a manipulation that hindered its ability to continue the anticipated growth. However, the key levels have been respected, allowing us to expect a potential upward movement in the coming days. It is likely that the price will return to 102,000 within a span of 4 to 5 days, which shouldn't pose a significant issue. In this context, we will be looking for opportunities to open long positions in the ranges of 94,000 to 92,000, where we believe good entry points may arise.
BTCUSDT - 17th January📉 BTC/USDT at a Crossroads – Bullish and Bearish Scenarios 📈
Bitcoin is currently navigating a critical decision point, as uncertainty looms over the completion of Wave 4. Here’s a breakdown of the potential outcomes:
🔑 Bullish Path:
If Wave 4 is complete, BTC is poised for a breakout above the $103K resistance level.
Target Zones for Wave 5:
🎯 Target 1: $121K
🎯 Target 2: $129K
A confirmed breakout above $103K would signal the start of a rally toward a new all-time high.
🔻 Bearish Path:
If Wave 4 remains incomplete, BTC might still be forming a triangle or bull flag, which suggests another leg downward.
Possible Downside Levels:
📌 FWB:88K to $86K
This would likely mark the final accumulation phase before BTC resumes its climb toward the all-time high.
🎯 Current Outlook:
The $103K level is the key to determining Bitcoin’s next move:
A breakout confirms the bullish scenario.
A rejection signals potential downside.
📊 Conclusion:
Bitcoin’s path hinges on resolving Wave 4. Until confirmation emerges, traders should exercise caution and prepare for both bullish and bearish scenarios when planning trades or investments.
Disclaimer:
⚠️ This is not financial advice! Always conduct your own research and trade responsibly.
BTCUSD Daily Inflection Point UpdatePreviously I mentioned the weekly was consolidating, but there is potential for this momentum consolidation to have a breakout leg as momentum shifts and the final emotional price movements are played out. I was too conservative in my price projections; a lot more than I used to be- but there wasn't a whole lot of TA involved- I figured the dollar issues would crop up earlier.
Now that the Fed had pivoted. the yields are creeping back up pushing bitcoin back down. The fed doesn't let on just how dire the situation is- and with global tensions rising, the dollar is at significant risk.
I expect a broad correction in all the markets- and cash to become very tight.
There is daily momentum consolidation- and if any other events occur that send yields upward- bitcoin is likely to suffer as a consequence. If instead we sail into the new year unscathed- then this consolidation may provide another leg up; but a break below 88k and a push towards 60k may solidify bitcoins correction.
DAILY
WEEKLY
XRPBTC This is how you can play XRP's strength.The XRPBTC pair is rising parabolically since November as XRP has been massively outperforming Bitcoin.
This 1week chart shows the pair's price action since August 2013 and that is somewhat a Rectangle.
Even though the price has only crossed the 0.5 Fibonacci level twice in 5 years before this week, it appears that the double bottom formation can alter that and with incredibly strong fundamentals for XRP, bring it back to the glory days before 2017.
A sound trading plan would be to keep buying XRP until the pair reaches the 0.786 Fibonacci level, where historically it has been a good level to sell and switch to BTC.
Four times BTC regain its strength and outperformed XRP there.
Even though it can go higher, it is worth the risk selling XRP and buying BTC on the 0.786 Fib, all the way to at least the 0.382 Fib if not 0.236.
In times of clear trends, paying attention to this pairs can be enormously profitable.
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BTCUSD: Blast from the past targets $107,000Bitcoin is having a strong 3 day rally but despite the aggression, its 1D technical outlook only just now turned bullish (RSI = 56.345, MACD = -95.200, ADX = 24.772). This shows the strong bullish potential that this wave still has and in fact, based on the 1D MACD, it is mirroring so far the March-May 2024 pattern. The presence of the LH trendline in the past supressed the price until the 1D MA50 was crossed and the bullish breakout almost touched the R1 level. Right now the new R1 is being tested so if crossed, we will be expecting a near test of the current R1 level (TP = 107,000).
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#XAUUSD DAILY ANALYSISDue to the buyer power that caused the micro-wave 4 correction to turn into a triangle... we have updated the chart again on the daily time frame... so that you are aware of the future events of #GOLD
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Bitcoin - This Month Will Decide Everything!Bitcoin ( CRYPTO:BTCUSD ) is still rather bullish:
Click chart above to see the detailed analysis👆🏻
In December of 2024, we saw a little pause during the overall bullish crypto bullrun, which was actually quite expected after the recent rally of about +500%. This could still turn into a false breakout, but since everything looks rather bullish, new all time highs are much more likely.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
BTC Turned Bullish. MID-TERM 6-12 monthsHi everyone.
I think BTC is turned Bullish after the last fall. Sorry that the explanations on the chart are in Turkish. If someone wanted I'll translate them into English. Otherwise, just by a little knowledge of TA, you can understand what I mean on the chart.
Give my your opinion.
Regards!
AKT Long OpportunityMarket Context:
AKT's positioning in the AI and DePin narratives makes it a strong contender for upside potential amidst increased market volatility. Currently, AKT is holding at a critical support level with significant trading volume. The favorable PPI and CPI readings may further fuel bullish momentum across altcoins.
Trade Details:
Entry Zone: Around $2.9
Take Profit Targets:
$3.20
$3.73
$5.00
Stop Loss: Below $2.60
This trade capitalizes on AKT’s dual narrative positioning and current technical setup, providing a favorable risk-to-reward opportunity. 📈
From Bear Trap to Breakout: Bitcoin RoadmapBitcoin ( BINANCE:BTCUSDT ) started to rise again( with a high momentum )
yesterday after failing to break the Heavy Support zone($93,400-$90,000) ( Bear Trap formation).
Educational Tip: Its quick return after exiting the Heavy Support zone($93,400-$90,000) with high volume was one of the signs of a bear trap.
Regarding Elliott wave theory , it seems Bitcoin successfully completed a Zigzag Correction(ABC/5-3-5) yesterday and is currently completing the next five impulsive waves . Likely, Bitcoin is still in correction waves .
I expect Bitcoin to start correcting from the Resistance zone($100,000-$98,080) , 50_SMA(Daily) , and Monthly Pivot Point and start to rise again from the Potential Reversal Zone(PRZ) and attack the Resistance zone($100,000-$98,080) .
⚠️Note: If Bitcoin breaks the Heavy Support zone($93,400-$90,000), we should expect a fall with high momentum (it is unlikely that another Bear Trap will be created).
⚠️Note: If Bitcoin goes below the Potential Reversal Zone(PRZ) , there is a high possibility that Bitcoin will break the Heavy Support zone($93,400-$90,000).
🙏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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BTC - 15m Short Scalp opportunityAs BINANCE:BTCUSDT approached the $100K resistance zone, bullish momentum faded, leading to a breakdown below the ascending channel support trendline.
Currently, BTC is forming a bearish flag, with favorable liquidity under the minor support zone. This suggests a potential drop toward the GETTEX:97K zone, aligning with the next key support area.
Complete analysis of Bitcoinhello friends
We came with Bitcoin analysis.
After a strong rising wave, we entered the channel phase and entered the correction phase with a falling pattern at the ceiling.
Now we have identified for you the first identified support that we expect to reach there.
If the support range is maintained, we will go for a new ceiling, but if the range is validly broken, we should expect a deeper correction than the 85 range.
*Trade safely with us*
$BTC - 89k is the new 49kBitcoin has deviated below $90k, sweeping the liquidity at $89k.
Was the local low already established, or are we going to sweep the lows again?
Lower-Timeframe Outlook:
On the 30-minute timeframe, will probably range for a while at the current level before its next move.
Key Support Level:
The significant support level that we must hold is around $96.8k to $96.5k if we are expecting a continuation aiming for new all-time-high.
BITCOIN The minimum target of this Cycle is $185kIf you follow us for long, you know that we are very fond of using Fibonacci levels on Bitcoin (BTCUSD) Cycles in order to project future tops and bottoms. Today is one of those analyses, in fact it is a strong variation of the following Inverse Head and Shoulders call:
As you can see, that was based on the condition that BTC would make a first hit and rejection on the 0.786 Fib retracement and then (as it happened on the previous Cycle) would go for a Cycle Top on the 2.0 Fibonacci, which gives us a $165k Target.
Since the 0.786 Fib never really offered the rejection of the previous 3 Cycles, we are introducing a variation model with new parameters.
We take the Fib extension from the bottom of each Cycle to the moment it made contact with the 1W MA50 (blue trend-line). As you can see by applying these conditions, every Cycle since BTC's inception has hit at least the 5.0 Fibonacci extension, with all Cycles in fact making a perfect Top there with the exception of 2017, which even exceeded it.
As a result, we can claim that this Cycle will have a minimum peak at $185000.
How realistic do you think this is for the 'bad case scenario'? Feel free to let us know in the comments section below!
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