BTC DOM wants to grab liquidity before fallBTC DOM wants to grab liquidity before fall. This means Dump for Alt coins is coming
Btcupdate
BTC view to 86k!BTC from BBMA point of view
Daily is valid CSAK Sell with clear momentum sell in H4.
As for now; H4 is having re-entry sell at its MA High is aiming for lower BB at 93500 in short term.
Is BTC Preparing for a Bearish Move?Look at the 1H chart and i see bearish flag and pole pattern... what you think?
Bitcoin's Path: $70K Correction Imminent
Alright, let's use the historical data on that BTC/USD weekly chart as a foundation for my forecast. After seeing the way Bitcoin has moved in the past, I want to use that data to make some educated guesses on what might happen next.
Key Points from Our Historical Analysis
Here are the key points I'm using for my forecast:
Large Bull Cycles: Bitcoin has shown the ability to make huge moves upwards, with gains reaching 500% or more. I will be mindful of this upside potential as a key point of my plan.
Significant Corrections: Every major bull run has always been followed by a major correction, often with drawdowns of 50%, or even 80%. I understand that these corrections are not random, they are part of the natural price action of BTC.
Recent Move: The recent move to 100k was a major sign of bullish activity.
My Bitcoin Forecast:
Based on these historical patterns and my understanding of market dynamics, here's my outlook for the next major move for Bitcoin:
Anticipated Correction: Given the recent strong move, and the fact that we are entering the $100k psychological price point, I anticipate a significant pullback from current levels. I want to see a test of the $80k range, and possibly even the $60k range.
Estimated Drawdown: Based on prior drawdowns, I expect to see a retracement of at least 30%-50% from the recent high (100k), which can bring the price down to a range between $50,000 and $70,000.
Next Bullish Upside: After this retracement, I anticipate another bull phase. The percentage gained on these next phases may be less than the previous, but there is still potential for a massive move. I will be looking for confirmation of a reversal in trend before I jump back into a trade.
Potential Upside Target: If this retracement does not go below the 60k mark, and then moves upwards, I would then start to target $150,000 as a mid term target.
My Strategy for the Coming Months:
Patience: I will be patient, and I will not chase the price upwards. I will wait for the market to confirm a clear trend before placing any new trades.
Risk Management: I will be using a stop loss at all times, to manage my risk during these periods of high volatility.
Confirmation: I will wait for the technical indicators and price action to confirm any upside moves.
Important Notes:
Not Exact Science: This is a forecast and not an exact science. No one can predict the future. This is simply an estimate using technical analysis to show the most probable outcome.
External Factors: Other factors not shown in the chart, such as news events and market sentiment may have an impact to prices.
BTC pullback before inauguration?Merryy Christmas guys and upcoming New Year!
Seems like we gonna meet New Year w BTC lower than100k...
Looks a bit scary, but here is in short what we have:
1) Daily MA cross. Which is bearish sign
2) Divergence between raising BTC channel and volumes
3) If the price will follow the red line move, it will form double top pattern 🥲
My expectations: I think we could correct to Fib zone around 0,236 (87k zone) and after we should check. But anyway seems like correction should happen before to continue growing and this we most likely gonna see after inauguration.
What you think guys? Help me dispel this scary picture 😅
Bitcoin Battles Between Key Support and Resistance – What’s NextBitcoin is currently trading near $94,500, resting on a strong confluence of support. The price is testing the 100 EMA on the 12-hour chart, which aligns with a critical horizontal support zone around $93,000. At the same time, a descending trendline is acting as resistance, keeping the price under pressure.
A breakdown below the marked support zone could trigger a sharp decline toward the next significant level around $88,000. On the other hand, if BTC holds this support and breaks above the descending trendline, it could signal a bullish reversal, pushing the price back toward $98,000 and potentially higher.
BTC shows a 6% potential in the last 3 days of 2024.It seems we are back to the initial thesis, which is great since we already profited from the previous trade entry. Now, it feels like we’re seeing the same situation unfold again. Key indicators such as the Bollinger Bands, the 50-day moving average, the volume spikes from November 13th, sufficient corrections, and the support lines are all aligning similarly.
On a fundamental note, I’d like to add the following: with just three days left until the end of 2024, there’s the “Santa Rally” phenomenon, along with the prevailing sentiment in crypto communities that it would be exciting to close the year with BTC reaching $100k. Such a milestone could act as a psychological boost, potentially fueling a strong movement for the entirety of 2025.
The $100k level is also a significant psychological barrier. Taking all this into account, I believe this is a good opportunity to enter a position with the potential for short-term profit—up to 6%—over the next few days.
However, we need to take into account the 80% correlation with the S&P 500, which is currently at its peak levels. That said, hedge funds and institutional investors are closing deals to meet their KPIs, which could provide additional support.
Hopefully, this will sustain the overall positive vibe for the last 3 days of the year.
Yours sincerely,
Mister iM
Tide Turning For Bitcoin? Reserves And Netflows Show ReversalBitcoin, the world's first and most well-known cryptocurrency, has experienced a rollercoaster ride since its inception. From its meteoric rise to its dramatic crashes, Bitcoin has remained a topic of fascination and debate for investors and financial analysts alike. In recent times, several factors have contributed to a sense of uncertainty surrounding Bitcoin's future, including regulatory scrutiny, market volatility, and concerns about its environmental impact. However, recent developments, such as increasing institutional adoption and positive netflows, suggest that the tide may be turning for Bitcoin.
Bitcoin Institutional Adoption Accelerates as ETFs Show Investor Appetite
One of the most significant indicators of Bitcoin's growing acceptance is the increasing interest from institutional investors. Traditionally, institutional investors have been hesitant to invest in Bitcoin due to its volatile nature and lack of regulatory clarity. However, as the cryptocurrency market matures and regulatory frameworks become clearer, more and more institutions are beginning to see the potential of Bitcoin as an investment asset.
This growing institutional interest is reflected in the recent surge in for Bitcoin exchange-traded funds (ETFs). ETFs are investment funds that track an underlying asset, such as a stock index or a commodity. They offer investors a convenient way to gain exposure to an asset without having to directly own it.
Recent Reserves and Netflows Indicate Market Reversal
In addition to increasing institutional adoption, recent data on Bitcoin reserves and netflows also suggest that the market may be reversing. Bitcoin reserves refer to the amount of Bitcoin held on cryptocurrency exchanges. A decrease in Bitcoin reserves indicates that investors are withdrawing their Bitcoin from exchanges, which is often a sign of accumulation and a bullish signal.
Netflows, on the other hand, refer to the difference between the amount of Bitcoin entering and leaving exchanges. Positive netflows indicate that more Bitcoin is entering exchanges than leaving, which can be a sign of selling pressure and a bearish signal.
Recent data shows that Bitcoin reserves have been declining, while netflows have turned positive. This combination of factors suggests that investors are accumulating Bitcoin and that selling pressure is decreasing. These are both positive signs for the Bitcoin market and could indicate that a reversal is underway.
Bitcoin Price Analysis: Navigating Volatility and Key Levels
Despite these positive developments, Bitcoin's price remains volatile and subject to market fluctuations
It has been noted a potential 'head and shoulders' pattern, a bearish technical indicator, which could lead to a significant price drop. This pattern suggests that Bitcoin's price could fall to as low as $80,000.
However, there maintain a more bullish outlook, emphasizing the importance of the $90,000 level. It is argued that if Bitcoin can maintain this level, it could pave the way for further price appreciation. Conversely, if Bitcoin fails to hold this level, it could trigger a sell-off and push the price down to $80,000.
Conclusion: A Cautious but Optimistic Outlook for Bitcoin
In conclusion, several recent developments suggest that the tide may be turning for Bitcoin. Increasing institutional adoption, as evidenced by the surge in Bitcoin ETF filings, indicates a growing acceptance of Bitcoin as an investment asset. Positive netflows and declining reserves further support this notion, suggesting that investors are accumulating Bitcoin and that selling pressure is decreasing.
However, it is important to remain cautious. Bitcoin's price remains volatile, and various factors could impact its future performance.13 The cryptocurrency market is still relatively young and subject to regulatory changes, technological advancements, and shifts in investor sentiment.
Therefore, while the recent developments are encouraging, it is crucial to approach Bitcoin with a balanced perspective. Investors should conduct thorough research, understand the risks involved, and make informed decisions based on their individual circumstances and risk tolerance.
Overall, the outlook for Bitcoin appears cautiously optimistic. The increasing institutional adoption, positive netflows, and declining reserves suggest that the market may be reversing. However, it is important to remain vigilant and adapt to the ever-changing dynamics of the cryptocurrency market.
Bitcoin Faces Key Test: Will It Bounce or Drop to $85K?#Bitcoin is staying above the 0.236 Fibonacci retracement level at $94,300, with the 50-day moving average near $93,000 providing support.
If these levels hold, CRYPTOCAP:BTC could start moving up again toward $108,000. But if it drops below, it might fall to the 0.382 Fibonacci level at $85,600.
Watch these key levels for Bitcoin's next move!
DYOR, NFA
#Crypto
BTC Gaining StrengthOn the 4hr timeframe BTC shows increasing momentum with price making higher lows, and RSI making higher lows - both an indication of gaining momentum.
On the daily timeframe BTC shows hidden bullish divergence as price is making higher lows, while RSI shows lower lows.
Both timeframes point towards an indication that we could be at bottom already.
Get ready for a new year rally!
Back to the Roots: BitcoinAs predicted in the previous analysis, Bitcoin was rejected at **$100k** and is now approaching a cycle low. 📉
📊 Current Analysis:
❌ We’re not at the bottom yet, and it’s not time to buy.
🔵 The 1-day indicator (dark blue line) is currently at **68** and looks poised to reverse to the downside, signaling a potential cycle break.
⏳ Even if this doesn’t happen, the 1-day cycle will need approximately a week to return to the **20 range**, marking Bitcoin’s 60-day cycle low.
📍 The low could form anywhere between **$85k and $91k**.
💡 Remember: **Cycles don’t predict prices; they provide timing bands for tops and bottoms.**
🔮 Next Cycle Outlook:
⚠️ The upcoming 60-day Bitcoin cycle doesn’t look promising:
1️⃣ The **1-week indicator** spent a significant amount of time above **80** and is now trending downward.
2️⃣ This cycle reflects the general trend for the next 1-2 months and currently leans **bearish**.
3️⃣ We may need more time before the market reverses to the upside.
✨ Despite this, there are intriguing opportunities in the market right now. More details are available in the **Premium group**.
✅ Stay safe, trust the cycles, and build your wealth.💪
Let me know if you’d like further tweaks! 🚀
Bitcoin at a Crossroads: Testing Key TrendlinesBitcoin’s current price action places it at a decisive technical level, where historical and recent trendlines converge. This area holds significant implications for the future direction of the market.
🔍 Key Observations from the Chart
The Two Trendlines in Focus
Old Trendline: This line, originating from the previous bull market, acts as a critical long-term support. Its historical significance makes it a widely-watched level for market participants.
Young Trendline: This trendline represents the momentum of the latest bullish recovery. A break here could signal a potential shift in sentiment.
Liquidity Cluster Around $92,500
A clear liquidity zone lies just below the current price. Such zones often attract price action as market makers seek to clear stop-losses or gather liquidity before determining the next move.
Imbalance Zones Below
Imbalances between $85,000 and $70,500 are visible on the chart. These areas represent inefficiencies in price action that could serve as potential targets if support levels fail.
🎯 Levels to Monitor
Support Levels:
Young Trendline (~$93,800): The first line of defense for bulls.
Old Trendline (~$93,800): A breach here would signal a deeper retracement.
Liquidity and Imbalance Targets:
Liquidity Zone: $93,000-$92,000.
Imbalance Zone 1: $85,000–$81,600.
Imbalance Zone 2: $74,400–$70,600.
Resistance Levels:
If BTC bounces, watch for reactions near $98,000 and $100,000 as short-term resistance.
🤔 What Could Happen Next?
Scenario 1: Support Holds
If the trendlines hold, BTC could see a recovery toward $98,000 or higher, maintaining its bullish structure.
Scenario 2: Break Below Support
A loss of the young and old trendlines may lead to a retest of the liquidity zone at $92,500.
If this level fails, the imbalance zones below become the next logical targets.
Volatility Ahead
With price so close to these key levels, whale activity and stop-hunting wicks are likely. Traders should prepare for possible fakeouts before the true direction becomes clear.
⚡ Key Takeaway
Bitcoin’s position near these converging trendlines makes this a crucial moment. Whether the supports hold or price dips to fill lower imbalances, the upcoming moves will provide important clues about market sentiment heading into the new year.
Patience and risk management are essential in this environment. Stay neutral, observe the price reaction to these levels, and let the market reveal its hand.
BTC wait for pullback , not worth buying above 90k ...1. after previous high of 69000, we seen sharp down side from there btc recovered and formed a pattern
2. cup and handle or rounding bottom, after current breakout i found some interesting key points
after a impulse move the short term target is calculated based on the handle and which was approx 50 % on the other hand the current breakout already has scored 55% from this neck line breakout
3. volume and fair price - if we consider 4nov weekly candle as breakout candle from that low to recent high, i projected the FIXED VOLUME PROFILE and found that 84280 and 82350 and second 79000 and 77350 can be the support zone or fvg or mean reversion zone which is also getting another confirmation with my 50dema
in this scenario going back to basic if we have a sharp up side we cant expect the price to go vertically and market being dynamic 11-15% correction can be healthy pullback and good price to accumulate btc
BtCUSD Outlook I'm expecting the sweep of that Inducement before the Open and close level of the last H4 bearish candle. A short buy from there then I'm anticipating the seell continuation
An other plan SHORT more for BTCUSD on H1 TF - continue FL break*Notice: It is Xmas and NewYear holiday so that the Market is very slow and low volume. ( reduce volume on your trading position )
About this Plan today:
I saw a downtrend structure clearly on H1 timeframe
I saw a confirmation Downtrend on Time Frame H1 (60)
I saw a Break Sell - continue FollowTrend signal
==> Let's make a Plan for SHORT SELL BTC today
Entry zone: 97500 - 98100
Stoploss: 99800 (and then trailing stoploss follow the SL-line)
*These are expected targets.
Target 1: 92000
Target 2: 86000
Target 3: 82000
BITCOIN 89K SupportBitcoin is holding strong around the GETTEX:89K level, forming a key support zone. If this level sustains, it could signal a continuation of the bullish trend. Watch for a bounce with increased volume for a potential long entry. However, a break below could trigger a deeper retracement. Keep an eye on the $86K level as the next potential support. Trade cautiously and manage risk.
Bitcoin"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
The continuation of the upward bull run of Bitcoin💠 The nature of the market has always been such that every uptrend at the beginning of an upward trend requires a short correction, and this is not far-fetched for Bitcoin.
⭕️ Everything is self-explanatory on the chart and no further explanation is needed. Dear friends, the numbers given in the chart are drawn according to analytical and trading experience. So far, all my analyses have had a very low error rate, and I hope that this analysis will again achieve its goals without mistakes.
▫️The buying suggestions are the blue and purple lines, which I recommend buying as DCA. If you have two targets, you can see that there is no reason why the second target must be seen. It is possible that a sharp decline will begin near or in the middle of these two targets. Therefore, be sure to take your profits from the first target.
Support us by liking the analysis ❤️
Is Bitcoin Poised for a Rally? Technical Analysis and Trade IdeaMany are asking, where will Bitcoin head next? Looking at this four-hour chart, we can see equal lows and a notable dip into sell-side liquidity. My question is whether this is setting up for a pre-Christmas rally or not. I'll be watching for a potential buy opportunity if we see a bullish market structure break. If that doesn't happen, then there won't be a trade. This is not financial advice.
BTC Targets in 2024 & 2025As per fib tool, we can assume that BTC might hit these fib levels in this year or next year.
1.618 (102075.56)
2.618 (155599.53)
3.618 (209123.50)
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
DAY 6 - Daily BTC UpdateBitcoin delivered a Christmas milestone, breaking $100K on multiple exchanges. However, we now find ourselves in a land of limbo, with BTC trending between key pivot levels and no clear confirmation of the next major direction.
Daily Chart Insights
📈 Momentum Turning Bullish
MACD: Flipping bullish, signalling potential strength in the trend.
RSI & Stochastic RSI: Both indicators suggest growing bullish momentum, showing signs of a reversal in market sentiment.
🔥 EMA Ribbon Recovery
Bitcoin’s daily candle has broken above the EMA ribbon, a key resistance zone, indicating that upward movement could gain traction if this trend holds.
Outlook
BTC's ability to maintain its position above the EMA ribbon and push past $100,800 will be pivotal in determining whether the bulls can regain full control. If successful, the next key level to watch is $105,720, leading to Pathway 1 for further gains.🎯
The market sentiment is improving, but caution is key while BTC trends in this zone. Let’s see where the holiday momentum takes us! 🎁
BTCUSDT Analysis: Be Patient for a Better Long EntryIf you're considering a long position on Bitcoin, ensure you do so from a significant level . As highlighted in all my analyses, the market is currently riskier than it appears . Nevertheless, if you're determined to go long, it’s worth waiting for the blue box to be tested.
Key Points:
Current Risk: The market is riskier than it may seem, so caution is essential.
Blue Box Zone: A key level for potential long entries, providing better risk-reward opportunities.
Confirmation Indicators: Use CDV, liquidity heatmaps, volume profiles, volume footprints, and upward market structure breaks in lower time frames for validation.
Learn With Me: If you want to learn how to effectively use CDV, liquidity heatmaps, volume profiles, and volume footprints to identify high-value demand zones, feel free to DM me.
Reminder: Always manage your risk and wait for confirmation before entering a trade.
If this analysis helps you, please don’t forget to boost and comment. Your support motivates me to share more insights!
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
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I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
The idea on BTC worked as expected, and now there is a patternThe market gifted us a 6% rebound in just one day. However, we are now observing a pattern formation, signaling consolidation and hinting at a potential huge impulse ahead. But which direction? It’s hard to determine at this moment. While fundamentals and trends suggest further growth, many traders are sitting on significant profits, waiting to see how others react.
The previous idea played out well, but that narrative seems complete now. For the next move, patience is key. Entering a trade at this stage is controversial, as the impulsive pattern formation indicates the market could break in either direction. Stay cautious and watch for confirmation before making a move.
Yours sincerely,
Mister iM
