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Btcusdanalysis

Market Correction: Key Support Levels and Strategic OpportunitieThe market has experienced a decline over the past few days, leading to the liquidation of leveraged long positions and the introduction of new liquidity. This may represent a healthy correction within the context of the broader market trend, which remains firmly upward. As such, the optimal strategy continues to be to buy on dips. Key levels to monitor include the strong support area around 84,500, with additional support at the 73,000 level. While these support levels may not be reached, it is wise to stay alert for potential buying opportunities if the market approaches them. Take care!
COINBASE:BTCUSD
by MCFractalStudies
BTC/USDT Analysis: Is a Key Reversal Brewing?Bitcoin's price action continues to intrigue traders as it consolidates within an ascending channel on the 4-hour timeframe. The recent rejection from the channel's upper boundary at $108,000 indicates that bearish pressure might dominate the short term. Currently, BTC trades around $101,450, testing a critical support level near $102,000. Key Observations: Ascending Channel in Play: The structure highlights an upward trend, with BTC respecting both the upper and lower boundaries of the channel. The dotted midline has acted as a dynamic pivot, influencing price movement over recent weeks. Bearish Breakdown Potential: A clear break below $102,000 could lead BTC toward the next significant horizontal support at $98,236. This level aligns closely with the channel's lower boundary, making it a crucial zone for bulls to defend. Key Resistance Zone: If bulls manage to reclaim $103,000, BTC could retest the midline or even the $106,000 level. However, failure to sustain above the $102,000 support could accelerate a bearish trend. RSI Divergence: Hidden bearish divergence on the RSI suggests weakening bullish momentum, supporting the case for a deeper correction. Expected Scenarios: A retest of $98,000 would provide an excellent opportunity for bullish accumulation within the channel structure. If the price rebounds from the lower boundary, bulls may aim for $106,000-$108,000 in the medium term. A confirmed breakdown below $98,000 might invalidate the channel, opening doors for further downside to $94,000.
Short
by melikatrader94
7
BTCUSD - Bitcoin's global uptrend is complete.BTCUSD - Bitcoin's global uptrend is complete. the global uptrend on Bitcoin (BTC) has come to an end. This point of view has caused an active discussion among traders and investors, especially after key support levels were broken and the market entered a prolonged correction phase. The main arguments of the “wave-watchers” Completion of the 5th Elliott Wave According to Elliott's theory, the global uptrend consists of five waves: three impulsive and two corrective. Some analysts argue that the fifth wave ended at Bitcoin's all-time high around $69,000 in 2021, after which a long correction cycle began. ABC-shaped correction development After the completion of the fifth wave, the market may form a correction in the form of three waves (ABC). Bitcoin's current dynamics, including the price decline in 2022, is seen as the realization of this correction structure. Loss of key support levels Levels that used to serve as strong support (e.g. $30,000 and $20,000) have been broken. This reinforces the view that the market is already out of its global bullish trend phase. Declining institutional interest Many large investors have slowed down their investments in Bitcoin, which also indicates a possible downturn in the long-term uptrend. What to expect next? Wave structure The current correction may be temporary and the market will enter a new phase of growth (the beginning of a new cycle of waves). Key levels to confirm the trend If the price comes back and consolidates above $30,000-$35,000, it will be a strong signal of bullish trend continuation. A move below $10,000 could confirm the end of the global uptrend. Long-term outlook Bitcoin is still an attractive asset to hedge, especially given its limited supply (21 million coins).
CRYPTO:BTCUSDShort
by Trade_Hive_Signals
1
BTCUSDT CORRECTION OR REVERSAL?BTCUSDT CORRECTION OR REVERSAL? Hello, colleagues! So, what we have in the middle of the trading week: Since the last review Bitcoin managed to rewrite its high once again and reached above 108K on the Bitstamp exchange. Also yesterday was the Fed meeting, the decision of which was to lower the rate by another 25 basis points and followed by the traditional J. Powell conference, during and after which the shedding started in many markets. #BTC As for bitcoin specifically, the correction was asked for a long time ago and the asset corrected only by 9% from its high and this decline cannot be called unexpected. At the moment, BTC continues to stay in the trend and there is still room for the correction to continue at least to the upward support at $97-98K and we can't exclude the stabbing even lower, to the trading boundary at 94K. But, in general, from these values I expect a buyback and continuation of growth. I expect such another near-term decline, mentioned above, within the framework of working out of the candlestick formation Absorption on 1D. For the first time in a long time the asset showed a strong bearish candle and just covered the gap for the last weekend on the CME exchange. In any case, a correction is necessary for any healthy market, whether bullish or bearish. If we compare each post-halving cycle on the logarithmic chart of the 1Mes TF, we can see that the asset has continued to rise for at least another year. Therefore, there is every chance to continue rising until at least Spring 2025, or even Q4.
Short
by Trade_Hive_Signals
BITCOIN | IF DECLINE GOES DEEPERThe possibility of a deepening decline appears serious, and it’s essential to stay prepared for such scenarios. I have identified my hedge short levels at the red boxes, which I consider key areas for managing risk and capitalizing on potential downward movements. Monitoring these levels closely will be crucial to adapting effectively to the market's evolving structure. 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. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Long
by XU99
BTC SHORT TO $94,760Finally some clarity from BTC, well worth sitting on our hands for a short period. We created a short term down trend with multiple confirmations (SMA break and rejection, LL's & LH's etc) a retracement back to the golden ratio and a rejection from a major key level has resulted in some bearish momentum for BTC and all correlated markets. We'll se how this plays out as exhaustion will play some restriction in the momentum BTC can hold although i do think the target / 61.8% retracement level will be met of $94,760 Also currently waiting on BTC to produce a new LL on the 1H time frame so lets see how that pans out. I have moved stop to $11,065 to lock in 1.5% as we've been out the market for a few days. P.S, sorry slightly late on posting this idea
COINBASE:BTCUSDShort
by h77nry
1
Overbought Warning: Exercise Caution in Current Market Cycles ⚠️ Overbought Warning: Exercise Caution in Current Market Cycles ⚠️ Bitcoin and many altcoins are significantly overbought in their respective cycles. 🚨 Caution is strongly advised. Avoid jumping into investments late in the 1-week cycle. Instead, wait for the cycle to dip below 20 before considering an entry. 📉 🧠 Quick Recap: How to Use the Cycle Signals - ✅ Green Zone = Potential Buy Signal - 🚫 Red Zone = Potential Sell Signal We’ve been in the red zone for a considerable amount of time now, signaling heightened risk. A retracement appears likely, so patience is key! ⏳ The Danger of FOMO It’s tempting to trade when: - The market moves 24/7 🌐 - Influencers flaunt their PnL cards 📊 - News and activity are constant. 📢 But jumping into an overheated market can lead to losses, not gains. ✅ What to Do Instead: - Don’t chase the hype. - Missed a 10-15% gain? No problem! Compare that to the profits from buying in the green zone and selling in the red—you’ll make far more with less risk. 🔑 Stay Smart, Stay Patient Remember: **There’s nothing worse than watching your portfolio bleed daily.** Avoid the stress by simply waiting for better cycle opportunities. 💡 This is not financial advice. Always do your own research! 📖
BITSTAMP:BTCUSDLong
by TheStrategyMaster
1
FLOKI ON TARGET, WHATS NEXT MOVE ?NOW : FLOKI Finish drop to firat target area of Wave 3 🔥🔥🔥 What's the next move ? 📌Next move at fibonacci level 0.618 or 0.000164 📌FLOKI needs a pullback/retest first after its drop to Wave 3 for,and on going to visit next target of Wave 4, hitting the marked target area. 📌Then, it’s likely to continue its decline to complete Wave 5 in the Elliott Wave Expanded Flat Correction. 📌Be cautious about the FOMC data release on December 19. The Fed revised its rate cut projection in the Summary of Economic Projections from 3.4 to 3.9. This will significantly impact the market in 2025, as the Fed might only cut rates 2x or even just 1x next year (This could disappoint the market, which has been overly euphoric). Please follow the trend of Bitcoin and Economic Projection 2025.
Short
by kelvin_gautama9
Sentiment Cycle Indicator Performance (PAID)Performance Analysis of the Sentiment Cycle Indicator 1. Trend Identification: • The indicator has effectively highlighted bullish and bearish sentiment zones, as shown by the green (bullish) and red (bearish) background shading. This visual clarity makes it easy for traders to identify the prevailing market sentiment at a glance. 2. Buy and Sell Signals: • The Buy signals are well-timed, capturing upward price movements, especially during key reversal zones. • The Sell signals occur consistently in areas where bearish momentum starts to dominate, allowing traders to exit or short positions effectively. 3. Key Trades Observed: • Buy Example: Around the recent low near $100,000, the indicator generated a buy signal right before a significant upward move, aligning well with the trend shift. • Sell Example: Near $105,000, the indicator provided a sell signal ahead of a downward move, protecting traders from holding during the drop. 4. Market Choppiness Handling: • Even during sideways or choppy markets, the indicator avoids excessive false signals due to its clear sentiment zone shading, helping traders stay on the right side of the market. Why This Indicator Stands Out 1. Simplifies Complex Market Trends: • By combining sentiment analysis with buy/sell signals, the indicator provides traders with a comprehensive toolkit for decision-making. 2. Dynamic Market Adaptation: • The indicator adapts to real-time price movements, ensuring timely and accurate signals without lagging. 3. Perfect for Scalping and Swing Trading: • Traders can use the sentiment zones for scalping in smaller timeframes and for swing trading over longer horizons.
Short
by TradeTechanalysis
1
Analyzing BTC Dominance: key levels to watchBitcoin Dominance (BTC.D) is a crucial indicator for understanding market sentiment and the flow of capital between Bitcoin and altcoins. Observing its levels can provide valuable insights into the overall market dynamics. In the daily timeframe, BTC Dominance is currently hovering around 58.41%. The chart highlights two significant zones: Resistance Zone (~66%-68%): If BTC Dominance trends upward, this level could act as a strong resistance. A rejection here might signal a shift in capital back to altcoins. Support Zone (~40%-42%): On the downside, this area represents a potential long-term support level. A break below could indicate a major capital rotation out of Bitcoin and into altcoins or stablecoins.
CRYPTOCAP:BTC.D
by Tradeaione
4
Bitcoin Likely to See Slow and Choppy Price ActionBitcoin has re-entered the range zone between $99,108 and $103,033, suggesting that we may experience slow and choppy price action in the coming days. 1. For now, Bitcoin has established support at $99,108, which could lead to increased bullish momentum toward the upper boundary of the range at $103,033. This move could occur from the current price level or after a dip back to $99,108 (dashed green projection). 2. A strong breakout above $103,033 with sustained momentum would turn Bitcoin bullish on the 4-hour chart and could set the stage for a rally toward $107,658, the next significant resistance zone (solid green projection). 3. If Bitcoin fails to hold support at $99,108 and breaks below this level, the chart would turn bearish (dashed red projection). The bulls’ last line of defense is at $97,000. A breach below this level could lead to intensified bearish pressure, driving the price toward the $94,500 support zone (solid red projection). Consolidation within the $99,108 to $103,033 range, with Bitcoin maintaining a moderately bullish bias, could create favorable conditions for Altcoins to perform well.
BINANCE:BTCUSD
by Trade-Lean
Bitcoin, we're testing a correction...Bitcoin, we're testing a correction... Not to scare anyone, testing 3 situations..... on the last developed tool. 1. growth on the last 2 fractal structures is over, so a fall follows and the trend will change, but the older structure allows maximum growth around 118000. 2. a global decline follows around 46/43000 and then 37/36000/ on the current chart. 3. very, very soon we are in for a correction in the 66666 area..... many altcoins will probably make a new low and then a rapid rise - here I am testing a correction following a growth pattern. .... I wrote for the future. ...This is not investment advice. ...If anyone finds my postings useful and wants to thank me, they can always find me in the comments. Disclaimer, the author of this article has not and will not open positions in bitcoins, this article is a way to analyze the price, do not open positions based on the above.
Short
by Trade_Hive_Signals
Bitcoin What to do and where to run to?Bitcoin What to do and where to run to? Friends, don't forget to click like 🚀 under the idea, it's important. Divergence in trading is a multidirectional movement of the price chart and indicator. On the chart, the price of an asset moves in one direction, while the technical indicator that follows it moves in the opposite direction. Divergence warns that the current price trend may weaken and in some cases may lead to a change in price direction. In this case, we observe a double bearish divergence on the 1D timeframe. This is a powerful correction signal. All traders see it, which will logically lead to fixing positions or opening shorts. What will happen next? Two main scenarios now: 1. Sellers are active and as a consequence - local correction and sideways from current values. 2. Sellers are active, but the market maker is pushing prices higher and removing sellers' stops. This will lead to a triple divergence and will further strengthen the sellers. As a result - a powerful correction and trading at the lower levels. At the moment, both scenarios have equal priority and the decision will be determined by the balance of power in the moment. The scales of the market maker may tip to either side. Write in the comments, what is your mood? Do you want to sell or strong hold?
Short
by Trade_Hive_Signals
Bitcoin Tests Key Support: Eyes on $103KBitcoin is technically bullish in the 4-Hour chart. However, it gave up bullish move from the last days and is now testing the key support zone near $103,033. 1. A pullback to retest the $103,032 with a dip below it, followed by a strong rebound above this level will push Bitcoin price towards $108,550 (dashed green projection). 2. A decisive move towards $108,550 and breakout with confidence could pave the way for further upward momentum towards $113,692(solid green projection). 3. If Bitcoin fails to hold above $103,032 and breaks below this level without a swift recovery, it could indicate a loss of bullish strength and Bitcoin chart will turn to neutral. This may trigger increased bearish activity, leading to sideways movement or a potential decline toward the $99,108 support level (red projections).
BINANCE:BTCUSD
by Trade-Lean