Get started

Btcusdanalysis

Elliott Wave Analysis of BTC/USDTOverview This analysis focuses on the Elliott Wave count of BTC/USDT, starting from the significant low on November 21, 2022, at $15,484.34. The price movement since then has followed a structured wave pattern, with identifiable impulse waves and corrections. Wave Structure Wave (1): BTC initiated its uptrend, forming minute degree wave (1) on April 14, 2023, reaching a high of $31,019.60. Wave (2): A corrective phase followed, bringing BTC to a low of $24,899.97 on September 11, 2023. Wave (3): After completing wave (2), BTC started an impulsive move for wave (3), which culminated on March 14, 2024, at a high of $73,800. Wave (4): A time-based correction followed, marking a low of $48,974 on August 5, 2024. Wave (5): The final impulsive wave (5) then unfolded, reaching an estimated high of $109,900 on January 20, 2025. Post-Wave (5) Projection After the completion of wave (5), a corrective phase is expected. Based on the Fibonacci retracement tool, BTC is anticipated to retrace 50% to 61.8% of its entire impulse move. This suggests a retracement zone between approximately: $62,659.89 (50% retracement) $51,521.34 (61.8% retracement) BTC is expected to consolidate within this range before forming a new directional trend. If price breaks $89,414 early, it will be clear confirmation of the completion of wave (5). Conclusion The Elliott Wave count suggests that BTC has completed a five-wave structure and is now poised for a corrective phase. Traders should watch for price action around the Fibonacci retracement levels to assess potential support and future market movements. Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and past performance is not indicative of future results. Always conduct your own research and consult with a professional before making investment decisions.
by imkhushal
Bitcoin BTC price analysis + FED ratesHere is a CRYPTOCAP:BTC chart on which we have marked the days on which the Fed rates announced + #Trump inauguration as a bonus) Everyone can compare for themselves how the market reacted to the US macroeconomic data. ❗️ Today at 19.00 UTC, another update of the Fed's rate - the forecast is that it will remain unchanged at 4.50%, and if so, this is a pretty good option against the backdrop of rising inflation. 🔴The worst-case scenario for the OKX:BTCUSDT price is a drop to the range of $92-94k (+ we keep in mind a possible squeeze to $ 88K, especially on futures, in order to “remove” all the longs' stops in consolidation over the past 3 months) 🟢 It will be great if BTC.D also falls with the fall of #Bitcoin (and it has room to fall) - this will allow altcoins, which are already at the bottom, not to spill too much. The next announcement of the Fed's rate is on March 19, which means that a 1.5-month window will open, during which the market will have every chance to “come to life” _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
16
BTCUSDT - at final supporting region? holds or not??#BTCUSDT.. a perfect drop as per our last idea regarding Btcusdt and now you can see market just placed our targeted area. but one thing is important here, that is it was not a selling trend ride it was only a retracement and if market again hold his current supporting region that is around 92k to 94k then you can see again a rise in btc price otherwise not at all. keep in mind that below that region we have further drop on table. stay sharp.. good luck trade wisely
BITSTAMP:BTCUSD
by AdilHussain731333
Bitcoin Plunges to $91K Amid Market TurmoilThe cryptocurrency market has been rattled as Bitcoin ( CRYPTOCAP:BTC ) nosedived 16% to $91,000, triggering concerns among investors. This steep drop comes amid broader market sell-offs, with Ethereum ( CRYPTOCAP:ETH ) and leading meme coins shedding nearly 20% of their value. The primary catalyst? Speculations of a trade war fueled by U.S. President Donald Trump's latest tariffs. Technical Analysis Bitcoin's price plummeted to an intraday low of $91,242, marking one of its most significant drops in recent months. Despite rebounding slightly to $94K, BTC’s movement reflects extreme volatility. Key technical indicators suggest: - Support Levels: The next critical support zone lies near $90K, a psychological level that, if broken, could lead to further declines. - Resistance Levels: BTC faces immediate resistance at $100K, with further upside contingent on market recovery. - Liquidations: Over $397 million worth of CRYPTOCAP:BTC long positions were liquidated in the past 24 hours, amplifying selling pressure. - Bitcoin Dominance: BTC dominance surged 2.76% to 61.38%, indicating that altcoins are suffering heavier losses compared to Bitcoin. Additionally, the 9.5% drop in the total crypto market cap to $3.04 trillion, alongside a 182% increase in trading volume to $286.91 billion**, signals panic-driven trading behavior. Trade War Fears & Market Uncertainty The backdrop for this crypto crash is rooted in macroeconomic developments, particularly **Donald Trump’s new tariffs on Canada, Mexico, and China**. The prospect of escalating trade tensions has spooked global investors, leading to a risk-off sentiment across financial markets. Key fundamental factors contributing to Bitcoin’s decline: 1. Global Trade War Speculations – Trump's tariff policy has sparked fears of retaliatory measures, which could weaken global economic stability and reduce institutional appetite for risk assets like cryptocurrencies. 2. Market Liquidations – Over $2 billion worth of crypto liquidations occurred in the past 24 hours, intensifying downward momentum. 3. Investor Sentiment Shift – Uncertainty prevails as market participants remain divided, with some anticipating a rebound while others brace for further declines. 4. Macroeconomic Headwinds – Broader economic factors, including inflation concerns and regulatory uncertainties, add pressure to BTC's price action. What’s Next for Bitcoin? While the current downturn is causing fear, Bitcoin has historically demonstrated resilience in the face of macroeconomic turmoil. The coming days will be critical, with key factors to watch including: - $90K Support Test – If Bitcoin holds this level, a relief rally could follow, potentially targeting $100K resistance. - Macroeconomic Developments – Any updates on the global trade situation or Federal Reserve monetary policy could influence BTC’s trajectory. - Institutional Interest – Large players may use this dip as a buying opportunity, injecting fresh liquidity into the market. Conclusion Bitcoin's 16% crash to $91K reflects a combination of technical breakdowns and macroeconomic pressures. While uncertainty looms, BTC remains a key asset in the crypto ecosystem, with historical recoveries following major dips. As the market navigates trade war fears, investors should remain cautious, keeping an eye on support levels and potential rebounds.
BINANCE:BTCUSDLong
by DEXWireNews
1
BTC LONG TP:115,000 29-01-2025Bitcoin has executed a manipulative movement as we anticipated, resulting in our stop from the previous trade being hit. However, this situation has now paved the way for a new take-profit target that is set above 115,000. In this context, we are looking to establish a long position with a relatively wide stop, as the potential for profit is significant. Over the next 4 to 5 days, it is crucial that we reach 115,000; otherwise, the position will be considered invalid.
CRYPTO:BTCUSDLong
by ReyDragon21
**Gold (XAU/USD) Approaching Bearish Confirmation at Major ResisThis chart shows gold (XAU/USD) on the 1-hour timeframe, highlighting key resistance and support zones. Key Observations: 1. All-Time High & Major Resistance: - Price recently reached an all-time high and faced rejection from the major resistance zone. - A pullback is currently in progress, and the chart suggests waiting for **bearish confirmation** before entering a short trade. 2. Bearish Expectation:** - If the resistance holds and bearish confirmation appears, a sell-off toward the **1st target (2,772.32)** and then the 2nd target (2,750.15 - 2,750.43) is expected. 3. Major Support Zone:** - If the decline continues, the **major support** area around **2,720** could be tested. Trading Strategy: - Wait for confirmation** before entering short positions. - A strong **bearish rejection** from resistance will validate the short setup. - If price breaks back above resistance, bearish bias would weaken.
CAPITALCOM:GOLDShort
by TRADE_CENTER_1
$BTC.D again above 60% After the tariff tantrum between US, Canda, Mexico and China during the weekend, we saw CRYPTOCAP:BTC again below 100K. But the weekly closure on the weekly chart in the CRYPTOCAP:BTC weekly chart is still not broken. So, the CRYPTOCAP:BTC bull run is still intact with short term hiccups. But the topic of the discussion is not the CRYPTOCAP:BTC price instead we are looking at the Dominance chart. CRYPTOCAP:BTC.D is again above 60% even if CRYPTOCAP:BTC is below 100K. The Alt Coins have lost more Market Cap during this weekend’s shakeout in comparison to BTC. But it is highly coincidental that the CRYPTOCAP:BTC.D is back at the 0.618 Fib retracement level. The Fib retracement is plotted on the CRYPTOCAP:BTC.D weekly chart. There is no Alt Coin season unless the CRYPTOCAP:BTC.D breaks down decisively. Watch out if CRYPTOCAP:BTC.D weekly close breaks below the 0.5 Fib retracement level. Until then stay long $BTC.
CRYPTOCAP:BTC.DLong
by RabishankarBiswal
BTC/USDT 1H: Liquidity Grab Complete – Bears Targeting $94.8K!BTC/USDT 1H Chart Analysis 📉 Follow me on TradingView if you respect our charts! 🚀Daily charts! Market Condition: Price: $97,624, showing bearish momentum after breaking key support. RSI: Bearish divergence led to this drop. Market Makers Strategy: Engineered liquidity grab at $105K before pushing price down. Currently Testing Discount Zone, which may act as temporary support. Trade Setup (Confidence 8/10): Wait for retest of $100K (previous support turned resistance). Short Entry: $99,800 - $100,200 zone. Targets: T1: $96,500. T2: $94,800. Stop Loss: $101,500 (above recent swing high). Risk Score: 7/10 (favorable risk-reward setup). Market Maker Analysis: Liquidity grab engineered below recent lows. Expect choppy price action between GETTEX:97K - $100K before the next big move. Possible bear trap if price quickly reclaims $100K—watch for reversal signals. Recommendation: Short positions favorable in the $99,800 - $100,200 range. Watch price reaction at $100K—if bulls reclaim, avoid overexposure to shorts. Manage risk properly as high volatility is expected. 📉 Follow me on TradingView if you respect our charts! 🚀Daily charts!
Short
by Cryptokijker
Crypto Market Dynamics Amidst Tariffs & Trade War FearsLast Friday afternoon, President Trump announced new tariffs on Canada (25%), Mexico (25%), and China (10%). This news set off a selloff in the crypto market. Since traditional financial markets were closed for the weekend, they couldn’t react immediately, but we might see panic selling when trading opens on Monday. In response, both Canada and Mexico have threatened retaliatory tariffs on the U.S. Whether Trump is using this as a negotiation tactic or signaling a long-term policy remains uncertain, but one thing is clear—the market dislikes the idea of a trade war. On the bright side, Bitcoin was already due for a significant correction. Even a 30% drop from its current all-time high wouldn’t derail the Macro Trend. However, the concerning part is that Trump’s actions could lead to further economic pain for both the U.S. and global economies before any recovery happens. Because so many factors are in play, I’ve combined four key metrics into one chart to help us see where money is moving. Here’s what the chart shows: BTC.D (Candles): This indicates Bitcoin’s dominance in the market. BTC Price (Orange): The current price of Bitcoin. TOTAL3 (Purple): The total crypto market cap excluding BTC and ETH. USDT.D (Green): This measures the share of funds in USDT. What Does the Chart Tell Us? Flow of Money: Funds are moving between Bitcoin, altcoins, stablecoins (USDT), or leaving the market altogether. Key Indicator – USDT.D: Below the Breakout Line: If USDT.D stays below a critical level, it suggests that buyers are stepping in to support both Bitcoin and altcoins. Above the Local Top: If USDT.D breaks above its recent high, it signals increased market fear. In this case, we should watch the other metrics: A spike in TOTAL3 indicates that altcoins are gaining traction, hinting at a potential altcoin season. A spike in BTC.D suggests that Bitcoin is maintaining or even strengthening its dominance. A spike in USDT.D implies that investors are seeking safety in stablecoins, showing overall market nervousness. By monitoring these indicators, we can get a clearer picture of whether or not an alt season is developing, and whether the correction developing is a temporary setback or the start of a deeper decline.
CRYPTOCAP:BTC.D
by kapro