Bitcoin BTC price movement forecast by the end of 2024 !📉 On December 5, 2024, set an absolute record for liquidations on the crypto market - $1.1 billion ($820 million longs + $280 million shorts), breaking the record of August 05, 2024, when it was $950 million.
CRYPTOCAP:BTC price dropped to $89-90 thousand, depending on the exchange.
Such a “helicopter” as on the OKX:BTCUSDT chart is launched when all indicators are “overheated” and the market needs to rest, but maintain the trend, i.e. the crypto market's up-trend.
Fear and Greed Index - 71 (greed remains on the market)
Given the fact that altcoins have barely reacted to the fall, we can assume that there will be another wave down.
How do you feel about the option of #Bitcoin price movement $100k 👉 $84-85k 👉 $110k and this is all by the end of 2024 ?)
P.S:
also remember that on 18/12/24 the FOMC meeting is to be held, where the FED rate is expected to be cut by at least -0.25%.
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Btcusdanalysis
BTC/USD LONG SET UP BITCOINTitle: BTC/USD BUY (BITCOIN)
Asset: Crypto
Symbol: BTC/USD
Order Type: Buy Limit
Time Frame: 1D
Platform: Coinbase or MT4
Entry Price 1: $95,500
Entry Price 2: $90,500
Stop Loss: $85,500
Take Profit 1: $100,500
Take Profit 2: $105,500
Take Profit 3: $115,500
Status: ACTIVE
When is the Right Time to Reenter?You see those two green stripes? That’s where I bought:
1️⃣ First Stripe:
- Indicators Alignment: The **1-Day, 3-Day, and 1-Week Cycles** were all below 20, signaling a strong buy.
- Retracement: The market had retraced ~12%, confirming the **bullish trend** was still intact.
- Cycle Low: The **60-Day Cycle low** was just around the corner.
- Key Level: When the **$40K level** broke, the **bottom volatility** confirmed we were bottoming in the **60-Day Cycle**.
- 🔍 **Did I catch the exact bottom?** Rarely—but I waited for the **1-Day Cycle to reset** and bought again at the **second green stripe** in early February.
2️⃣ The Result:
- The market resumed its climb, gaining another **50%** from my entry point. 🚀
The Current Plan
📝 I’ll take a similar approach this time:
- 1-Day & 3-Day Cycles: Plan to reenter when both indicators drop below 20 —without waiting for the 1-Week Cycle to reset fully.
- Why? A left-translated cycle (concept by Bob Loukas, 2022) suggests this could still be a great entry point.
📊 Historical Data: Strongly supports this strategy.
Stay patient, and let the cycles guide your reentry. 🚦📈
BTCUSD | Next Prime Zone for Long OpportunityWelcome back! Let me know your thoughts in the comments!
** BTCUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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"BTC Drawdowns: My Target Was Picture Perfect!"Hello, everyone! 👋
Today marks the second day of significant crypto price drawdowns. 📉 I hope you managed to secure some profits earlier 💰 and are now enjoying this pullback while patiently waiting for better prices to consider long entries. 🚀
On November 21, I published an idea about BTC potentially topping out before a retracement. On December 5, BTC touched my target 🎯, and it now seems to be starting to roll over. Of course, nothing is certain in trading, but for now, the market appears to be moving in that direction. ⚖️
So, what should you do now? 🤔
It depends on your market perspective:
If you're a long-term HODLer, things are straightforward—just sit back, wait, and enjoy the price action. 🪙📈
If you're a trader, especially a swing trader, you might want to consider locking in profits. 💵 Stick to your system and follow the rules—it can be that simple. ✔️
I hope you're reading this with some realized profits in your account! 💸 Stay tuned for my next idea about potential retracement levels. 📊
Wishing you all a fantastic week! 🌟
#BTC - Is the bull run over?Is the bull run over for #BTC?
As I mentioned in my last post, I don't think BTC is ready for a more ample correction, only once we reach the extended zone of 105-108k
There are multiple confluences that sustain this hypothesis:
1. On the Pitchfork price touched the 1.618 low and rejected
2. All the liquidity was taken from 90-91k
3. There is now more and more liquidity forming above 104k, as people believe that the huge wick sweep signalled a change of character (reversal)
4. Looking at the Fibonacci time levels, we see multiple pivots in the past that were almost perfectly on the time levels, the next one being tomorrow
Even if price keeps correcting a bit lower to 93-96k, don't be fooled and sell early, because the next sweep of highs will be very impulsive, close to inflation news.
Idex/UsdtBINANCE:BTCUSDT
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The **current price** of the asset (Idex) is **0.08639**. 📉 This means the price is currently trading around this value.
The **support levels** are the price points where the asset has historically bounced back from, acting as a "floor" for the price:
- **0.06818** 🛑 (1st support): If the price drops, this level could act as the first line of defense where buying pressure may increase.
- **0.0500** 🛑 (2nd support): If the price keeps falling, this support level is a stronger one that might attract more buyers.
- **0.0300** 🛑 (3rd support): This is a deeper support level. If the price drops to this point, it could represent a significant opportunity for buying, or it could signal a deeper downtrend if broken.
If the price **holds** above these support levels (meaning the price does not drop below them), the asset could **rise** towards the next **resistance levels**:
- **0.011790** 🚀 (1st resistance): This is a key level where selling pressure may appear. If the price breaks through this level, it could signal a move higher.
- **0.01324** 🚀 (2nd resistance): If the price breaks past 0.011790, the next level to watch is 0.01324, which might be a tough hurdle before further gains.
So, in simple terms:
- If the price **stays above the support levels**, it may push higher towards the resistance levels.
- But if it **falls below the support**, the price could go down to the next support zone.
Remember, this is just analysis, not financial advice! 📊✨
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BTC Bitcoin: Is the Bullish Breakout Here to Stay?👀👉 Bitcoin (BTC) has been gaining strong momentum, with a confirmed bullish breakout in market structure on the daily and 4-hour charts, reaching new all-time highs. My outlook remains bullish as I monitor a potential retracement into the Fibonacci 61.8% zone for an ideal entry point. In this video, we provide a detailed BTC analysis and explore how to trade Bitcoin effectively, breaking down strategies to capitalize on the current bullish trend. Whether you’re an experienced trader or new to the crypto markets, this guide will refine your trading approach and improve your confidence in navigating Bitcoin's price action. Not financial advice.
BTC/USD Weekly Chart Analysis: Potential Price Scenarios in 2025Overview:
Bitcoin has displayed remarkable strength in the past few months, approaching critical levels in its long-term ascending channel. The current price action reflects bullish momentum, but there are key levels to watch for potential corrections or continuations. Here’s my detailed analysis based on this weekly chart.
Key Observations:
Ascending Channel:
BTC is trading near the upper boundary of a well-established ascending channel, which has historically acted as resistance.
If this boundary is broken with strong volume, the next potential target lies around $116,000.
Structure Levels:
A Weak High at $102,000 indicates the possibility of a short-term pullback before testing the resistance zone.
Break of Structure (BOS) and Change of Character (CHoCH) signals confirm bullish dominance, but corrections are part of healthy price action.
Moving Averages:
The 50-week and 100-week moving averages continue to slope upward, with price trading well above these levels, signaling a strong bullish trend.
Any retracement could find support at the 50-week MA or the mid-range of the channel.
Support and Resistance Zones:
Resistance: $102,000–$116,000.
Support: $76,000 (Golden Pocket) and $64,000.
Indicators:
RSI is currently overbought at 75, indicating the potential for a cooling-off phase.
MACD shows bullish momentum but hints at overextension as the histogram peaks.
Projected Scenario:
Scenario 1: BTC tests the Weak High at $102,000, faces rejection, and consolidates near the mid-range before attempting to break higher.
Scenario 2: BTC breaks out of the ascending channel, initiating a parabolic move toward $116,000.
Potential Risks:
A failure to hold support at $76,000 could lead to a deeper correction, testing key structural levels like $64,000 and $42,000.
Macro factors such as interest rate decisions or global economic uncertainties could heavily impact sentiment.
Conclusion:
Bitcoin is in a strong bull market phase, but caution is warranted near the upper boundary of the channel. Traders should monitor key levels and volume for confirmation of breakout or rejection. A pullback to the mid-range could provide an excellent buying opportunity for long-term holders.
Would love to hear your thoughts—do you expect a breakout or a correction? Let me know in the comments below!
Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own research before making trading decisions.
BTC LONG TP:105k 2 HRS 07-12-2024I am targeting a long position at 105k, with the expectation that it will materialize within a timeframe of 40 hours. If the move does not occur within that period, the analysis will be deemed invalid. Keep in mind that both the take profit and stop loss are merely suggestions, so feel free to adjust them according to your own trading strategy. Stay vigilant and make informed decisions. Good luck! #Bitcoin #Trading
$BTC to the moon In the previous analysis of Bitcoin, we mentioned that after breaking this strong dynamic resistance, Bitcoin would experience its maximum growth. Bitcoin has broken through this dynamic trend and confirmed its upward move after a retest. Be sure to check the previous analysis. Bitcoin is set to hit an all-time high soon. Expect Bitcoin to reach between $90,000 and $100,000.
$BTC will Re-testBitcoin has broken out of its strong dynamic according to the analysis, but it still needs to provide us with a retest. I expect Bitcoin to correct from one of the prices around 70K or 72K, dropping to 64K for the retest before continuing its upward trend. In my opinion, a Bitcoin surge is imminent, but technically, it needs to retest our range before that can be confirmed.
Personally, I believe we are on the verge of an altcoin season, and I recommend starting to build your portfolio gradually.
BTC/USD Week Chart Retrace to $70,026In this idea I illustrate how a set of ascending scallops move in regards to each other. Highlighted in the chart is the first scallop that took us to justs above 100k. I know everyone is bullish and there will be dissenting views, but hear me out. The bull run is not over this is just natural movement. The first scallop almost always retraces to the left top of the hook to form the rounded bottom of the second. This scallop retraces the farthest of any in the set. I hope this helps and it looks like we will resume upwards movement in January. Blessings to you guys and long live bitcoin.
ND
BTCUSD // Levels matchedwww.tradingview.com
Friends, the levels are given on very high time frame which is weekly.
The smartness here is, the Cup is inside another cup.
The Fibonacci retracement target level is exactly matching where Cup and Handle target is.
So, we can consider its reliability.
I would love to see your comments for improvement if there is any. Request you to please provide your honest feedback.
Good luck.
BTC/USD: Navigating ATHs, Corrections, Long-Term TrajectoriesBitcoin has recently achieved a new all-time high (ATH), signaling strong bullish momentum. However, historical patterns suggest that a significant correction is imminent, with a potential decline of 32% to the $70,000 level. This critical juncture will define Bitcoin’s next move and its long-term trajectory.
Key Scenarios for BTC’s Path:
Scenario 1: Consolidation Above $90,000 and Push to $120,000 (March 2025)
Bitcoin’s first challenge is to maintain support above $90,000. If successful, the bullish momentum could drive BTC to a new ATH of $120,000 by March 2025.
Following this peak, BTC may face a significant correction to $40,000, signaling the end of the current market cycle.
Scenario 2: Correction to $70,000 Before Reclaiming $120,000 (July 2025)
If BTC struggles to hold $90,000, it could drop to $70,000 for a deeper correction.
After this retracement, a rebound could see BTC reaching $105,000–$109,000, before ultimately achieving the $120,000 ATH by July 2025.
This path ensures a more sustainable rally but still concludes with a cycle-ending correction to $40,000.
Long-Term Outlook: The Lowest Lows (2026)
As the market cools and enters a bearish phase, BTC may experience its lowest low between April and July 2026, targeting:
$38,000 (most likely scenario).
$33,000 (worst-case scenario).
Key Buying Opportunities:
For long-term investors, BTC’s anticipated price movements create excellent entry points:
First Buy: $41,000
Second Buy: $39,000
Best Buy: $33,000
Summary of BTC’s Cyclical Movement:
Short-Term: Fight to stay above $90,000 and potentially hit $120,000 by March 2025.
Mid-Term: Correct to $70,000 before establishing a new ATH by July 2025.
Long-Term: Fall to $38,000–$33,000 by mid-2026, marking the lowest phase of the cycle.
This roadmap emphasizes BTC’s cyclical nature, offering both opportunities and risks for investors to navigate strategically.
BTC LONG OPPORTUNITY BTC long opportunity to $103,670. Simple break out from a descending pattern coupled with rejection from the SMA's on 4hr time frame and the rejection from $99,000 on higher time frames, also notice the low test candle on the 4hr slightly piercing through that support level.
Expect a pull back at around $101,600 - $101,700 for liquidation and relief for retail traders. Fib would give us a target of $103,620 which is also the ATH for BTC so a good target to revisit.
Bitcoin is showing weakness in bullish momentumBitcoin is showing weakness in bullish momentum, with a confirmed bearish divergence in the RSI on the Daily, 12H and 8H timeframes. The bulls will need to defend the 98,600 level to maintain bullish momentum. If the bulls are able to defend the 98,600 level, we could see a price movement up to 110,000 to 112,200. In order for this to happen, the RSI will have to hold the 50 level as support and then break the bearish divergence trendline that is currently in play on the 8H TF.
However, if the bulls lose that level, the bears could take over and send the price down to 87,500 level and potentially down to 72,000.
BTC
Hello traders,
I would like to discuss Bitcoin (BTC). In my opinion, the price may break through the $92,000 level before reaching a new higher high. Currently, the price appears bearish on the lower timeframe.
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If you have any specific aspects you’d like to focus on or further questions, feel free to let me know!
Can Bitcoin Sustain Its Meteoric Rise and Reach the $110,000 MarBitcoin's Meteoric Rise: A Rally Towards the $100,000 Mark
Bitcoin, the world's largest cryptocurrency, has once again defied expectations, surging past the historic $100,000 milestone. This remarkable achievement comes amidst a backdrop of sluggish performance in traditional assets such as oil, gold, and the S&P 500 index.
A Bullish Outlook for 2025
Analysts are increasingly optimistic about Bitcoin's trajectory, with some predicting that the rally will continue well into 2025. This bullish sentiment is fueled by a confluence of factors, including growing institutional adoption, increasing regulatory clarity, and a strengthening global economy.
As more traditional financial institutions and corporations embrace Bitcoin, the cryptocurrency's legitimacy and mainstream appeal have surged. This institutional adoption has significantly contributed to the price surge, as large-scale investors seek to diversify their portfolios and gain exposure to the emerging digital asset class.
Furthermore, regulatory developments around the world have played a crucial role in shaping Bitcoin's future. While regulatory frameworks vary across different jurisdictions, increased clarity and supportive policies have fostered a more conducive environment for cryptocurrency investment.
A Closer Look at the Technical Indicators
Despite the impressive rally, technical indicators suggest that Bitcoin's upward momentum may be losing steam. The "Choppiness" index, a measure of price volatility, has been steadily increasing, indicating a potential shift towards a more sideways market. While the $100,000 level represents a significant psychological barrier, breaking through the $110,000 mark may prove to be a more challenging task.
Long-Term Holders: A Sign of Strength or Weakness?
The behavior of long-term Bitcoin holders has also sparked debate among market analysts. Some argue that the increased accumulation of coins by long-term holders is a bullish signal, suggesting strong conviction in the cryptocurrency's long-term potential. Others, however, believe that this could be a sign of impending weakness, as long-term holders may be preparing to sell their holdings at higher prices.
The Future of Bitcoin: A Fork in the Road
As Bitcoin continues to evolve, several key questions remain unanswered. Will the cryptocurrency achieve widespread mainstream adoption, becoming a staple in investment portfolios worldwide? Or will it face increased market volatility and regulatory hurdles, potentially leading to a price correction?
Furthermore, the future of Bitcoin may be intertwined with the development of innovative technologies such as blockchain and decentralized finance (DeFi). These emerging technologies have the potential to revolutionize various industries, including finance, supply chain management, and healthcare.1
Investor Sentiment: Hold, Sell, or Buy More?
Retail and institutional investors alike are grappling with the decision of whether to hold, sell, or buy more Bitcoin. While the cryptocurrency's recent performance has been impressive, it's essential to approach investment decisions with caution and conduct thorough research.
As with any investment, it's crucial to consider your risk tolerance, financial goals, and long-term investment horizon. Diversification is also a key strategy to mitigate risk and optimize returns.
Conclusion
Bitcoin's journey to the $100,000 milestone is a testament to its resilience and transformative potential. While the future remains uncertain, the cryptocurrency's underlying technology and growing adoption continue to drive its value. As the digital asset landscape evolves, it's imperative to stay informed and adapt to the changing dynamics of the market.
BTC CME Regression Trend Re-visiting an old chart, I put in a regression trend channel on March 11 2024, before the halving. BTC has just come back to the bottom part of that channel. Should retest bottom, then middle, another test, then test the top , in theory. nothing about the next 6 months is known. watch the liquidity cycle. Gonna get crazy, be safe, hardware wallets everyone!
Where from here? my thoughts are $225K, but..., ladder out at fibs, the 61.8's
BTC TO REACH $108,350BTC is at an ATH, currently hovering at around $100k with a daily candle looking to close above the previous major resistance level of $99,485, turning that key level into a support for the future market.
This is an area we should be wary of, considering all factors especially the volatility it will bring with mass liquidation as well as new entry's both short and long. From simple price action analysis there is confluence that the market can continue bullish, coupled with fundamentals revolving around BTC & crypto in general, i would say the market is still bullish.
We were always going to see relief periods caused by liquidation and positions being closed & targets being hit so a pull back around $100k was always predictable as it is such an obvious target for traders. Now that the market is looking to close above the key level of $100k it does present certain opportunities.
IMO there are multiple factors that point to a pull back to around the $96,755 area. The lower time frames indicate a confirmation in trend change as the 9/21 SMA's have crossed, the market is experiencing relief and the fib shows this level would complete a 61.8% pull back. There is also the possibility of a large amount if liquidity in this real in the form of retail traders stops being placed here from long trades after breaking the $100k level, it is possible the market makers will want to take these out before returning to a bullish state.
Therefor if the market does pull back to the $96,755 level and reject the fib / key levels i would look to enter again into BTC for a clear push back through $100k with a target set at $108,350, taking % of profits along the way to reduce risk.