Btcusdt to where?We can notice first of all head and shoulders and that was the reason for the last uptrend
If we count the distance from the head till the nick and we count it after passing the nick we can see that our first Goal on btc is at 105k so there will be the best Goal if it didn’t reflect from 99k which is a cluster of 270 and 540 angle of gann star counting from 3782.13 and 49k
Second thing is the volume, we can see that for the current uptrend the volume is going down so there is weakness with this trend so we are expecting a correction and the next correction will tell us if it will go on or it will be it’s last station
The last thing is that there is a trend line from last two tops till the current high and we can see that it closes as a daily candle three days above it but if we check on the weekly candle we can see that by the ending of this week it needs to close below it if it’s gonna be the last station but if it closes above this trend line I think that we will see continuing for the uptrend
Btcupdate
BTC to100K: Riding the Bullish Breakout with Strong FundamentalsBTC is currently showing strong bullish momentum, with both technical and fundamental factors in alignment. The trade aims to capitalize on this momentum towards the 100K level, with a cautious eye on potential selling pressure. Pay attention to the consolidation range, as further upward movement could solidify BTC’s path to the target.
Technical Overview:
• Trend: We are in a strong bullish trend, trading well above the 200MA, indicating sustained upward momentum.
• Breakout & Retest: Recently, BTC saw a breakout and a successful retest, reinforcing this trend.
• Range Consolidation: Currently consolidating within a range, with a low at 85K and a high at 93K. I’ve taken a mid-range entry to capitalize on any upward movement within this channel.
• Plan: If sellers aggressively push the price above the 85K level, I will consider reentry opportunities aligned with price action.
Fundamental Drivers:
1. Global Adoption & Regulation: The Fed’s constructive stance on digital assets, combined with increasing demand and institutional adoption, is supporting BTC’s upward trajectory.
2. Economic Conditions: As inflation and interest rates remain focal points, Bitcoin is being viewed as an inflation hedge. Additionally, El Salvador’s adoption of BTC as legal tender is adding to the credibility and mainstream adoption of cryptocurrency.
3. Bitcoin ETF: The SEC’s positive outlook on a BTC-based ETF is expected to boost demand and further legitimize BTC within traditional financial markets.
4. Geopolitical Factors: War-driven demand, potential sanctions on Russian money, and global financial uncertainty are all fueling demand for BTC as a decentralized, safe-haven asset.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Alikze »» BITC | Ascending channel - 4H🔍 Technical analysis: Ascending channel - 4H
- Bitcoin has already touched the supply range according to the analysis presented in the daily target time frame.
- In the 4H time frame, it is moving in an ascending channel, which has managed to register an ascending candle in the supply area in the 4-hour time frame.
- In case of failure of the supply zone, the specified movement path can touch the $100,000 targets of 106,250 and 112,500.
NEXT TARGET:
🎯 100.000$
🎯106250 $
🎯112500$
SUPPORT LVL
💹 75000$
💎 In addition, if the sales pressure increases in the supply area, an alternative scenario can be realized.
⚠️ In the alternative scenario, with selling pressure in the supply area by entering the second pullback channel, it can continue to correct until the bottom of the second channel and Fibo 1.618, the range of $75,000.⚠️
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BINANCE:BTCUSDT
BTCUSD TECHNICAL UPDATE : GO AND READ THE :CAPTAINBuddyS dear friend 👋
Crypto Traders. Are you still wanting for buying zone right now 🙏🤔 BTC USD All time high 94k buying zone right now
92K Big support level 🎚️. Easy to recover 💪 back up trand 97k
Technical analysis setup look for first buying zone 94k Next buying zone support level 92k
Buying said 94k target 97k after 25 hours Hit 🎯
Next buying said 92k target 97k
After two 48 hours
Support ✨ My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎮 BITSTAMP:BTCUSD
sentiment indicator shows off it potential again (PAID INICATOR)another great move captured.. it is able to capture sideways momentums as well.. this is the real power of sentiment indicator.. you will not find any other indicator doing such job.. haven't seen either.. its better than lux algo sentiment indicator..
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Bullish engulfing was followed thru with a test on $92,786 resistance and breaking towards $95,878 resistance, beautiful resistance and support test on 4H at $95,878 resistance. $97,780 next resistance area, given resistance areas coming in effect nicely, beautiful bullish close on last 4h. Current support at $94,148. $92,786 key support here. Weak volume on current 4H, has plenty of time to recover bullish, let's see how it closes, current range $97,780-$92,786 for short term.
Have posted more resistance areas on my Nov 12 post (linked to this post).
BTC: Road to $100K.BTC is just 4.5% away from reaching its record-breaking all-time high of $100k. This milestone will set a new record for BTC, solidifying its status as the only unbeatable and unparalleled coin to date.
BTC is moving parabolically and is currently in its price discovery phase, with new all-time highs being achieved almost every week.
Will it stop at any point?
During this phase, it’s quite challenging to predict where and when BTC might pause. Sooner or later, BTC is expected to hit $100k, but what lies beyond that is difficult to forecast. For now, $100k is the target we’re all anticipating.
BTC/USD is approaching FIB-EXT highest level 1.618 (95,603)As per the price action the whole crypto market is bullish on bigger time frame
1st probablity
Currently I am expecting BITCOIN will reach its all time High $95,603 on the basis of Fibonacci extension 1.618 tracing from previous impulsive movement in Feb to march Bullish cycle,on the weekly time frame chart bitcoin can take a small retracement towards Imbalance in premium zone ($74,000 to 80,000) If the bulls whales dominate the market, then we can another impulsive bullish cycle toward $120,000
2nd Probability
Price reject from the 1.618 ($95,603) region and took the liquidity of the FVG and Value area high and tap in to the OB in Discount region this will be high gain and long cycle towards $150,000 because retailers and big whales will take a part .
Is Bitcoin's Bullish Breakout a Catalyst for a 90% Rally?
Bitcoin, the world's largest cryptocurrency, has been making significant strides in recent months, with several key metrics signaling a potential for a substantial price surge. Analysts and traders are closely watching these developments, which could propel BTC to new all-time highs.
Key Metrics Pointing to a Bullish Future
A confluence of technical indicators and market sentiment suggests that Bitcoin is poised for a significant upward move. Here are some of the key factors driving the optimism:
1. Classic BTC Price Chart Metrics:
o Golden Cross: A bullish crossover of the 50-day and 200-day moving averages, often seen as a strong buy signal.
o Relative Strength Index (RSI): A momentum oscillator that indicates whether an asset is overbought or oversold. A reading above 70 suggests overbought conditions, while a reading below 30 indicates oversold conditions.1
o Moving Average Convergence Divergence (MACD): A trend-following momentum indicator that shows the relationship between two moving averages.2 A bullish crossover of the MACD line above the signal line is often interpreted as a buy signal.
2. Bitcoin ETF Options Launch: The launch of Bitcoin ETF options has generated significant interest and liquidity in the market. This development could attract institutional investors, who may view Bitcoin as a viable asset class for diversification and portfolio growth.
3. Strong Market Sentiment: Traders and analysts are increasingly bullish on Bitcoin's long-term prospects. Many believe that the cryptocurrency has the potential to reach $100,000 or even higher in the coming years.
Potential for a 90% Rally
Given the strong fundamental and technical factors, some analysts are predicting a 90% rally in Bitcoin's price. Such a move would take the cryptocurrency to unprecedented heights, surpassing its previous all-time high. However, it's important to note that the cryptocurrency market is highly volatile, and price predictions should be taken with a grain of salt.
The Road Ahead
While the future of Bitcoin is uncertain, the recent bullish signals suggest that the cryptocurrency could be on the cusp of a major bull run. However, it's essential to approach investing in cryptocurrencies with caution and to conduct thorough research before making any investment decisions.3
Disclaimer: This article is for informational purposes only and4 should not be construed as financial advice. It's crucial to consult with a qualified financial advisor before making any investment decisions.
Additional Considerations
As the cryptocurrency market continues to evolve, it's important to consider the following factors:
• Regulatory Landscape: Government regulations can significantly impact the price and adoption of cryptocurrencies.
• Market Manipulation: The cryptocurrency market is susceptible to manipulation by large investors and whales.
• Technological Advancements: Technological advancements, such as layer-2 solutions and improved scalability, can positively impact Bitcoin's performance.
• Economic Factors: Global economic conditions, such as inflation and interest rates, can influence the demand for Bitcoin.
By staying informed and understanding the risks involved, investors can navigate the volatile cryptocurrency market and potentially reap significant rewards.
The price target of Bitcoin is $130,000Cup and handle patterns can be seen in the Bitcoin chart and in the weekly time frame
According to this pattern, we can guess the price target of 130 thousand dollars.
Of course, provided that the handle line is cut upwards, which is highly likely
I hope traders don't forget the stop loss
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $92,786 given resistance in effect and holding, Nicely calm here with good sideways movement testing and building support, $88,674 given support in effect, RSI on 4H and 1D looking good, Bullish engulfing on prev 4H, let's see if it follows up with a test of $92,786 resistance.
ALT Season? Not Even CloseWhen we exclude Bitcoin from the total crypto market cap, it becomes clear that we’re far from the conditions needed for an ALT season. Here’s a breakdown:
First Resistance: $1.28T (Excluding BTC)
The last high was in March 2024, with the market cap reaching $1.28T.
At that time, BTC dominance was around 52%.
Second Resistance: $1.71T (Excluding BTC)
This was the peak during the ALT season in November 2021, with the market cap hitting $1.71T. Back then, BTC dominance had dropped to just 42%.
Current Situation
BTC dominance is now sitting at 60%, which is far too high for a typical ALT season to start.
Historically, ALT seasons tend to begin when BTC dominance falls below 50% or even lower.
Conclusion
The altcoin market has a long way to go before reaching the conditions for a true ALT season. We need BTC dominance to decline significantly and the altcoin market cap to break through key resistance levels at $1.28T and $1.71T.
What’s your outlook? Are altcoins still in Bitcoin’s shadow, or is a shift coming? Let’s discuss!
Rally Not Started Yet- Everything in trend, i used MVRV indicator ( Google it if you don't know it).
- Not a price prediction, check my older analysis for some price prediction.
- Not a date prediction, Timeline surely wrong.
- So this a post just to give you an idea of the situation.
What to not do :
- Don't listen some twitter influencers pseudo maestros traders 😂.
- Some are spreading that BTC bull market is finished or won't even happen.
- Don't follow and listen too many peoples at the same time.
- Don't forget that influencers are not traders.
- Don't forget many followers on Twitter or TV mean NOTHING!.
What to do :
- Learn is practice, so practice again and again to learn more and more.
- Teach to your friends about trading, more you teach more you learn and master trading!
- Listen to yourself (don't even listen to me).
- Keep focused.
- Be confident.
Now :
- Real Bull Market not even started.
- Be ready and DCA what you can afford.
- Don't panic for dips, buy more instead, this is crypto.
Happy Tr4Ding !
Are Spot Bitcoin ETFs New Top Investment Choice for Investors?
A Six-Week Streak of Strong Investor Demand
Spot Bitcoin exchange-traded funds (ETFs) have continued their impressive performance, attracting substantial inflows over the past six weeks. The latest week saw an influx of $1.7 billion, further solidifying the growing institutional interest in Bitcoin. This consistent inflow has propelled the total net assets of spot Bitcoin ETFs to a staggering $95.4 billion, representing 5.27% of Bitcoin's current $1.8 trillion market capitalization.
Decoupling from Traditional Markets
A notable trend has emerged in recent times: Bitcoin's correlation with traditional assets like U.S. equities and Ether has weakened. This decoupling suggests that Bitcoin is increasingly viewed as an independent asset class, driven by its own unique fundamentals and market dynamics. As a result, Bitcoin's price action has become less reliant on broader market trends, allowing it to exhibit its own volatility and momentum.
Crypto Market Reaches New All-Time High
The cryptocurrency market as a whole has reached a new all-time high of $3.025 trillion, fueled by the continued adoption of Bitcoin and other digital assets. While Bitcoin has consolidated around the $92,000 level, the broader market has seen significant gains, with many altcoins experiencing substantial price increases.
Factors Driving Bitcoin ETF Inflows
Several factors are contributing to the strong demand for Bitcoin ETFs:
1. Institutional Adoption: A growing number of institutional investors, including hedge funds, pension funds, and corporations, are allocating a portion of their portfolios to Bitcoin. ETFs provide a convenient and regulated way for these institutions to gain exposure to Bitcoin.
2. Regulatory Clarity: Increasing regulatory clarity in major jurisdictions has boosted investor confidence. As governments and regulators around the world develop frameworks for cryptocurrencies, it has paved the way for institutional adoption.
3. Safe Haven Asset: Bitcoin is often viewed as a safe-haven asset, particularly during times of economic uncertainty or geopolitical tensions. Its limited supply and decentralized nature make it an attractive investment option for many investors.
4. Technological Advancements: Ongoing advancements in blockchain technology, such as scalability solutions and smart contract capabilities, are enhancing Bitcoin's utility and potential applications.
The Future of Bitcoin ETFs
The continued success of Bitcoin ETFs is likely to have a significant impact on the broader cryptocurrency market. As more ETFs launch and attract investment, it could further legitimize Bitcoin and other cryptocurrencies. Additionally, it could lead to increased price volatility and potentially higher valuations.
However, it is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Investors should conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
BTC sell???📊 Analysis by AhmadArz:
🔍 Entry:
Breakout Confirmation: $90,700
A breakout from the symmetrical triangle indicates strong momentum, suggesting a downward trend.
🛑 Stop Loss:
Level: $92,563
Place your stop loss above the breakout point to minimize risk.
🎯 Take Profit:
1️⃣ TP1: $88,959 (First support zone)
2️⃣ TP2: $86,250 (Key demand level)
3️⃣ TP3: $83,505 (Strong historical support)
🧠 Analysis Overview:
The symmetrical triangle pattern on the 1-hour BTCUSDT chart is a classic continuation pattern. With a confirmed breakout, this setup presents a great risk-to-reward ratio.
📉 Additional Notes:
Increased volume during the breakout adds validity to this move.
Monitor RSI for signs of overbought/oversold conditions.
Price action near $88,959 will determine if the trend strengthens or consolidates.
🔗 "Stay ahead of the crypto market with AhmadArz!
💡 Join us on TradingView for expert insights backed by five years of market expertise."
🚀 Boost this idea and💬 share your feedback below!
#BTC Price Action - Catch the last pullback As a follow up to my last #BTC analysis, price is printing the exact pattern I expected
Will it continue to sell-off right down to the extreme demand?
I believe so. And if that happens, make sure to prepare the longs because the next leg up will be very explosive to 95-100k
BTCUSD swing trade ideaThe overall prediction that Bitcoin is set to reach 100k, could be possible very soon. But currently we look for a retracement move, before making another impulse higher. We look for short entries between 93k-90k and target the Weekly fib and quarterly VWAP levels, where we start looking for buys up to 100k.
This analysis is taught and provided by Fractals Trading Community.
As always, trade safely and expect the unexpected,
Mei
Market Reactions in Last 3 U.S. Elections and BTC Target $95k!Let's look at how the market reacted in the last 3 elections!
- 2012: Obama re-elected ➡️ Initial stock sell-off over fiscal cliff fears, then strong rally post-deal. Crypto is mostly unaffected.
- 2016: Trump wins ➡️ Stock rally on tax cut & deregulation optimism. Bitcoin starts climbing, hinting as a "digital gold."
- 2020: Biden wins amidst pandemic ➡️ Stocks surge on stimulus hopes. Crypto enters a major bull run, with BTC skyrocketing as an inflation hedge.
🗝️ Elections = market volatility & opportunity!
Regardless of who wins, CRYPTOCAP:BTC will likely reach a new ATH by the end of 2024.
Altcoins will likely follow later. IMHO, alts are already heavily discounted. Even if BTC dominance rises and alts take another dip, it’s wiser to DCA into the weaker ones instead of selling near their high-timeframe lows.
Think twice before hitting that sell button. The next 6-8 months could be legendary. It won’t be easy, but the rewards will be worth it.
#BITCOIN UPDATE:-
BTC looks solid for now. There’s still a possibility for BTC to hit the $60K level if Kamala wins; it’s not certain, but it’s a topic circulating in the crypto space. This could act as a short-term downside catalyst, with bulls likely stepping in quickly, leaving a long wick below the resistance turned support.
A retest is underway on the daily, weekly, and monthly charts! I’m anticipating BTC to reach between GETTEX:82K and $95K by the end of the year.
DYOR, NFA.
Do hit the like button and share your views in the comment section!
Thank you
#PEACE