Bitcoin Breaks Uptrend line– Is a Crash Coming?As I expected in the previous post , Bitcoin ( CRYPTO:BTCUSD ) started to rise and reached the upper areas of the Resistance zone($100,520-$97,260) .
Bitcoin is moving in the Resistance zone($100,520-$97,260) and has managed to break the Uptrend line .
According to Elliott's wave theory , Bitcoin seems to have finally completed the main wave C .
I expect Bitcoin to attack the Heavy Support zone($93,300-$90,500) and Support lines once again, this is likely to be a heavy drop .
Note: If Bitcoin breaks the Resistance zone($100,520-$97,260), we expect more Pumps.
Do you think Bitcoin can break the Heavy Support zone($93,300-$90,500) or not?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
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Btcsignals
Bitcoin’s Bullish Patterns_Ready for a Breakout!?As I expected in the previous post , Bitcoin( BINANCE:BTCUSDT ) approached the Heavy Support zone($93,300-$90,500) and Support lines but quickly started to rise.
Bitcoin is moving in the Support zone($96,150-$94,700) . And in this increase of Bitcoin in the last few hours, we can see the Morning Star Candlestick Pattern well in the 2-hour time frame .
Educational tip : The Morning Star is a bullish reversal candlestick pattern that forms after a downtrend, consisting of three candles: a large bearish candle, a small indecisive candle, and a strong bullish candle. It signals a potential trend reversal and growing buying momentum.
In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming the Descending Broadening Wedge Pattern , which can be a sign of Bitcoin's increase .
According to the theory of Elliott waves , it seems that the entire corrective waves inside the descending channel were all in the form of a Zigzag Correction(ABC/5-3-5) so that it seems that Bitcoin finally completed the main wave C in the previous hours. If Bitcoin breaks the upper line of the wedge pattern, we can confirm the end of the main wave C .
I expect Bitcoin to be able to touch the Targets I specified on the chart AFTER breaking the upper line of the Descending Channel .
Note: If Bitcoin goes below $94,400, we expect more dumps.
Do you think Bitcoin can finally break out of this Descending Channel? Pump or Dump?
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Bitcoin Analyze (BTCUSDT), 2-hour time frame.
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$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.
Bitcoin's Inverse Cup and Handle – Bearish Breakdown Ahead?As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) at least dropped to the Support zone($96,150-$94,700) .
If we look at the Bitcoin chart in the 15-minute time frame , we will see that Bitcoin is completing the Inverse Cup and Handle Pattern ( Handle of this pattern is being completed).
As I said in the previous post, $96,700 is important for Bitcoin. Bitcoin is currently moving below this level , which could mean that the Inverse Cup and Handle Pattern can work for Bitcoin.
Educational tip : The Inverse Cup and Handle Pattern is a bearish reversal pattern that forms after a downtrend. It resembles a cup shape followed by a small consolidation (handle) before a breakdown. A breakdown below the handle confirms the pattern, signaling a potential downward move.
The price increase in the last two or three candlesticks (in a 1-hour time frame ) was NOT accompanied by a large volume , and this can strengthen the theory of completing the handle of the Inverse Cup and Handle Pattern .
I expect Bitcoin to attack the Support lines and Heavy Support zone($93,300-$90,500) AFTER breaking the Neckline of the Inverse Cup and Handle Pattern .
Note: If Bitcoin succeeds in breaking the Resistance line and stabilizes above $96,700, we can hope to break the Descending Channel, And the CME Gap($97,845-$97,110) will also be filled.
Do you think the Inverse Cup and Handle Pattern will work?
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Bitcoin Analyze (BTCUSDT), 1-hour time frame.
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Bitcoin Stuck in a Range—Breakout or Breakdown Next?Bitcoin ( BINANCE:BTCUSDT ) started to rise as I expected in the previous post but once again failed to break the 50_SMA(Daily) . In general, Bitcoin has been moving in a range for more than 10 days , making it difficult for Bitcoin traders .
Bitcoin is moving in the Resistance zone($100,520-$97,200) and created a Fake Break for the Resistance line .
Meanwhile, it seems that Bitcoin has succeeded in forming a descending channel , and the falling wedge pattern has failed for me (in the previous post).
Another point is that during the last 10 days , the most Bitcoin trades were around $96,700 , which number can play an important role in determining the direction of Bitcoin and can be an important support and resistance level for us .
Regarding the Elliott wave theory , Bitcoin seems to have completed the Double Three Correction(WXY) . An hour ago, Bitcoin managed to complete the microwave C from the main wave Y. It can be one of the signs of the completion of microwave C , which is a fake break .
I expect Bitcoin to attack the Support zone($96,150-$94,700) again AFTER breaking the $96,700 level , and this time, it has a higher chance of breaking this zone, and if this zone breaks, we should wait for Bitcoin to decline to the Support line .
Note: If Bitcoin can touch $99,000, we should expect Bitcoin to rise further and possibly break the Resistance zone($100,520-$97,200).
Note: Generally, the trading volume is low on Saturdays and Sundays, and the chance that Bitcoin will go out of the range in the next two days is low, although it is not unlikely.
When do you think Bitcoin will leave this range (upward or downward)?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
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BTC at a Crossroad, Is the Drop to $91K Closer Than You Think ?A few days ago, we accurately predicted the market movement before anyone else. The price rebounded from the trendline, fell to the resistance level that aligned with the resistance zone, and eventually broke through it.
Following this breakout, the price continued to decline, even breaking through the support level before quickly reversing. After the reversal, the price surged sharply to the resistance zone but soon began to fall again, breaking through the 100,500 resistance level in the process.
Later, Bitcoin dropped to the support level, which coincided with the support zone, and made an attempt to rise. However, it failed and pulled back to the 94,800 support level, where it traded for some time before bouncing back to the trendline.
Recently, the price turned around and resumed its downtrend.
Currently, I anticipate Bitcoin will rise to the trendline and then eventually fall below the support level. For this scenario, my target is set at 91,000, which lies below the support zone.
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CHECK BTCUSD ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(BTCUSD) trading signals technical analysis satup👇🏼
I think now (BTCUSD) ready for( SEEL )trade ( BTCUSD) SEEL zone
( TRADE SATUP) 👇🏼
ENTRY POINT (96.900) to (96.700) 📊
FIRST TP (96.200)📊
2ND TARGET (95.800)📊
LAST TARGET (95.400) 📊
STOP LOOS (97.700)❌
Tachincal analysis satup
Fallow risk management
BTC 100K StruggleWe've already seen this happen last year. BTC has been bullish since it's existence but there's always been drops after being overbought. I also wonder how Quantum Computing will affect BTC's existence. Any thoughts on that?
Weekly Candles look like it wants to test 85k
MACD crossover
Ichimoku Cloud acting like a magnet
BTC H4 Liquidity Valid Area! Read ChartHello Traders!
BTC is trading in triangle and also respecting to support area, in H4 there is liquidity to my marked level, BTC CRYPTOCAP:BTC definitely would sweep it. but first need rectangle breakout confirmation.
Support: 92600-91700
Resistance: 107000
Liquidity: 104450
Like my idea if you like it
$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
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.
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Bitcoin Pullback or Trend Reversal? Key Levels to Watch!Bitcoin failed to Break the $107,000 Resistance as in the Previous post (the 7th attack failed ).
Bitcoin ( BINANCE:BTCUSDT )is moving in the Resistance zone($100,520-$97,200) , near the Support lines , the 50_SMA(Daily) , and Monthly Pivot Point .
This upward movement these few hours can be in the form of a pullback to 50_SMA(Daily) and Support lines (broken) . Of course, the worrisome point is the momentum of this upward movement .
According to the theory of Elliott waves , this increase of these few hours can be in the form of the main wave 4 . The main wave 4 structure so far is a Zigzag correction(ABC/5-3-5) .
I expect Bitcoin to once again attack the 100_SMA(Daily) and the Heavy Support zone($93,300-$90,500) .
Cumulative Short Liquidation Leverage: $102,926-$100,450
Cumulative Long Liquidation Leverage: $92,570-$91,249
Note: If Bitcoin goes below $97,000, we should have more confidence that this analysis is correct.
Note: If the CME Gap($102,580-$100,320) fills in this uptrend, we should expect another attack on the $107,000 resistance.
Do you think the correction of Bitcoin continues, or should we wait for Bitcoin re-pumps in the coming hours? 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.
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Do not forget to put Stop loss for your positions (For every position you want to open).
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Bitcoin’s Next Move: Long Setup or Deeper Correction Below $95K?As I expected , Bitcoin ( BINANCE:BTCUSDT ) continued to fall to the Support zone($101,280-$99,500) , and it even seems that it has broken .
Bitcoin is moving near the Support zone($101,280-$99,500) , a set of support lines , the 50_SMA(Daily) , and the Monthly Pivot Point .
According to the theory of Elliott waves , Bitcoin seems to have completed the main wave 3 and is completing the main wave 4 .
I expect Bitcoin to follow the Roadmap I outlined in my chart in the coming hours . Because Bitcoin is near the set of support parameters , I chose the label of this idea as LONG .
Note: Like the previous Mondays, the purchase MicroStrategy company continues buying Bitcoin=>"MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion."
Note: If Bitcoin can touch $104,200, it will fill the CME Gap($105,500-$104,695) in the next step, and it is possible to form a new All-Time High(ATH).
Note: If Bitcoin goes below $95,000, we should expect more corrections from Bitcoin.
Has the main Correction of Bitcoin started!? Please share your ideas in the comments.
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Bitcoin Analyze (BTCUSDT), 1-hour time frame.
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Bitcoin is Ready to Pump againDonald Trump , the President of the United States , is set to deliver a speech today, January 23, 2025, at 4:00 PM GMT . The crypto community is eagerly watching to see if Trump will address cryptocurrencies, particularly Bitcoin, during his remarks. While any mention of crypto could have a significant impact on the market, a lack of commentary on the subject might leave crypto enthusiasts disappointed, especially those hoping for it to be a focal point in his agenda.
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As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) has declined to near the Support zone($100,600-$99,530) .
Bitcoin is moving near the Resistance zone($103,400-$102,320) and Resistance lines .
I expect Bitcoin to rise to at least $105,000 after breaking the Resistance lines and Resistance zone($103,400-$102,320) .
Cumulative Long liquidation Leverage: $100,807-$98,472
Note: If Bitcoin goes below 50_SMA(Daily), we can expect more falls.
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).
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Dear Bitcoin, is't about time...For over a month, Bitcoin's price action has been rather frustrating, as it has remained stuck in a range. The key support level is clearly at 90k, while resistance is around 108k.
Recently, the price tested the resistance level again and has since entered another consolidation phase.
On the positive side, this consolidation appears to be a buildup, potentially signaling an imminent breakout above 110k.
As long as the price holds above 100k, we can reasonably expect this breakout to happen sooner rather than later.
As I’ve mentioned before, the target level for this move is around 130k.
Bitcoin’s Rollercoaster Ride:Trump Effect or Market Speculation?Bitcoin ( BINANCE:BTCUSDT ) has experienced strong ups and downs in the last 48 hours . One of the main reasons could be the inauguration of Donald Trump as the President of the United States , in which people and the crypto community expected Trump to talk about the crypto market in his speech .
In one of the first steps, Donald Trump appoints pro-Bitcoin Mark Uyeda to replace Gary Gensler as Chair of the SEC . But we have to see how Mark Uyeda will behave in reality .
Bitcoin's rise and fall over the past 48 hours created a new All-Time High(ATH) for Bitcoin .
Bitcoin is moving near the Resistance zone($107,200-$105,500) .
The possibility of forming an Ascending Channel for Bitcoin in the 15-minute time frame and the upper line can be a Resistance line .
I expect Bitcoin to fal l to at least Cumulative Long Liquidation Leverage($107,632-$105,869) .
Cumulative Short Liquidation Leverage: $100,807-$99,382
Note: If Bitcoin goes above $108,300, we should expect a new All-time High(ATH).
What do you think about the next movements of Bitcoin? Can Bitcoin make a new All-time High(ATH) again?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 15-minute time frame.
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Bitcoin at Resistance: Expanding Triangle Hold=>Last Chance!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($104,700-$101,920) , near the upper lines (resistance role) of the Expanding Triangle Pattern , Monthly Resistance(1) , and Time Reversal Zone(TRZ) .
In terms of Classic Technical Analysis , Bitcoin seems to be moving in an Expanding Triangle Pattern during the last 30 days . If the upper line is validly broken, this pattern will be failed.
According to the theory of Elliott waves , it seems that Bitcoin can move in an Expanding Flat(ABC/3-3-5) in the 4-hour time frame . Bitcoin is currently completing microwave 5 of the main wave C . If Bitcoin touches $107,000 , the possibility of this corrective pattern being failed is very high.
I expect Bitcoin to drop to at least $100,000 .
Note: If Bitcoin goes below $107,000, we can expect BTC to make a new All-time High(ATH).
Note: There is also the possibility of Bulltrap formation.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 4-hour time frame⏰.
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Bitcoin Pushes Higher: Is $104K the Next Stop?Bitcoin ( BINANCE:BTCUSDT ) moved as I expected in the previous post and even made the correction .
Bitcoin is breaking the Resistance zone($100,000-$98,080) , and I expect this zone to be broken soon, and then Bitcoin is ready to attack the Next Resistance zone($104,200-$101,320) .
Regarding Elliott wave theory , Bitcoin seems to be completing the main wave 5 in the 1-hour time frame .
I expect Bitcoin to rise to at least the Resistance zone($104,200-$101,320) .
Note: If Bitcoin goes below $96,320, we can expect more fall.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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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).
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Bitcoin Analysis==>>Descending Scallop Pattern!!!As I expected in the previous post , Bitcoin( BINANCE:BTCUSDT ) again attacked the Heavy Support zone($93,400-$90,000) .
Bitcoin is trying to break the Heavy Support zone($93,400-$90,000) . What do you think? Can Bitcoin finally break the Heavy Support zone($93,400-$90,000) or not!?
According to the theory of Elliott waves , Bitcoin seems to be in the next five downward waves after completing the corrective pattern , and these five waves can break the Heavy Support zone($93,400-$90,000) .
From the point of view of Classic Technical Analysis , it seems that Bitcoin is forming a Descending Scallop Pattern to break the Heavy Support zone($93,400-$90,000) , which can cause the break of this heavy zone .
Looking at the chart of USTD.D% ( CRYPTOCAP:USDT.D ), we can see the Inverse Head and Shoulders Pattern that can cause USTD.D% to increase , which in turn causes Bitcoin and other tokens to decrease .
I expect Bitcoin to soon break the Heavy Support zone($93,400-$90,000) given the above description, and Bitcoin will fall to the Targets I have specified on my chart.
My medium-term view of Bitcoin on the chart I shared with you on January 7, 2025. 👇
⚠️Note: If Bitcoin goes above $94,500, we can expect more Pumps.⚠️.
⚠️Note: There is a possibility that Bitcoin will drop sharply and make a long shadow.⚠️.
🙏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 is Ready to Attack Heavy Support Zone!!!Today, January 10 , key U.S. employment data , including Average Hourly Earnings , Non-Farm Employment Change, and the Unemployment Rate , were released, influencing global markets, including Bitcoin ( BINANCE:BTCUSDT ).
Stronger-than-expected employment figures suggest a robust economy, potentially leading the Federal Reserve to maintain or increase interest rates. Higher interest rates can strengthen the U.S. dollar ( TVC:DXY ), making Bitcoin and other cryptocurrencies less attractive as alternative investments , possibly exerting downward pressure on their prices.
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Bitcoin started to pump from the Heavy Support zone($93,400-$90,000) , as I expected . ( Bitcoin allowed us to enter a long position two times .)
Bitcoin is moving near the Resistance zone($96,800-$95,520) , the upper line of the Ascending Channel , and near the 50_SMA(Daily) .
According to Elliott's wave theory , Bitcoin seems to complete wave C of Zigzag waves(ABC/5-3-5) . At best, wave C could rise to $99,000 (but unlikely).
I expect Bitcoin to go down based on today's US employment data and the fact that the U.S. DoJ received court approval to sell 69,370 BTCs . Bitcoin will attack the Heavy Support zone($93,400-$90,000) again soon, and this attack may be able to break this zone .
⚠️Note: If Bitcoin goes above $99,000, we can expect more Pumps.⚠️.
⚠️Note: We should expect more dumps if Bitcoin touches $93,500 before reaching the Resistance zone($96,800-$95,520) again⚠️.
🙏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.
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Bitcoin is Ready to Pump Again==>>Short-term!!!As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) fell to the Heavy Support zone($93,400-$90,000) .
Bitcoin is moving in a Heavy Support zone($93,400-$90,000) near the Support line .
According to the theory of Elliott waves , it seems that Bitcoin has completed the first 5 downward waves , and we can wait for upward corrective waves . Bitcoin has completed two corrective waves in the 15-minute time frame , and we can wait for the next corrective wave .
From the point of view of Classical Technical Analysis , it seems that Bitcoin has formed a Falling Wedge Pattern in the 15-minute time frame , and if Bitcoin breaks the upper line of this pattern, we can confirm this pattern.
I expect Bitcoin to rise to at least $95,170 AFTER breaking the Upper line of the Falling Wedge Pattern .
⚠️Note: If Bitcoin breaks the support line, we can wait for the Heavy Support zone($93,400-$90,000) to break.⚠️.
⚠️Note: In general, if you open a Long position, you can keep it up to the Resistance zone($96,680-$95,520) or Risk-Free your position.⚠️
🙏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.