$BTC and Altcoins: Should You Buy or Wait?It's been 45 days since Bitcoin reached $100k and 20 days since its all-time high of $108k. The market is currently moving sideways and remains below the key resistance zone. Unless we witness a breakout and increased trading volume, it's tough to predict the next move. However, one thing is clear: most altcoins experienced significant drops of 40%-60% during the December 9th market crash.
Since then, many altcoins have rebounded by 15%-30%, and a few have fully recovered. While it's uncertain if another major dip is coming, especially after such a steep 50% decline, I believe it's unlikely to happen and now could be an ideal time to start accumulating altcoins if you haven't yet.
The risk of staying out of the market is higher than the risk of being invested in altcoins at this moment.
Make sure you follow my socials, I'll be sharing a list of altcoins that will be doing well this season.
Please hit that like button to support nd share your views in the comment section.
Thank you
#cryptocurrency #Altcoins
BTCUSDC
BITCOIN Cup & Handle Pattern has yet to see its full potential.Bitcoin has been forming a massive cup-and-handle pattern, which I pointed out a long before it was common knowledge. Even with the new all-time highs it has already set, broken, and set again, it has still yet to realize its full potential.
Many are just now starting to realize that the bull run we are currently experiencing isn't like previous bull run cycles and is operating in a way that's unlike anything we've seen before. 'Altcoin season' may very well end up becoming a permanent Bitcoin season if this trend continues.
Good luck, and always use a stop loss!
BTC TO $92,525Currently BTC is in a range sideways cycle and consolidating around the 90-95k mark. BTC is still looking more bearish on higher time frames despite the pull backs and pumps on smaller time frames.
On the weekly this pump we have just had just seems to be a larger pull back but i would expect this to respect the fib levels and reject. This presents this short term short opportunity.
In at the rejection at $98,500 with a downside target of around $92,525 which is the next major key level.
Bitcoin's Balancing Act: Navigating Selling Pressure and BullishBitcoin, the world's leading cryptocurrency, currently finds itself at a critical juncture, navigating a complex interplay of selling pressure from long-term holders and several bullish indicators suggesting a potential resurgence. This article delves into the key factors influencing Bitcoin's price, including long-term holder behavior, exchange inflows and miner outflows, hashrate dynamics, and the influence of Bitcoin whales, to assess its potential to reclaim the coveted $100,000 mark.
Critical Support and Long-Term Holder Selling Pressure
Bitcoin is currently facing critical support levels, meaning that its price is approaching a point where a significant drop could trigger further selling and potentially lead to a more substantial correction. One of the primary factors contributing to this pressure is the selling activity of long-term Bitcoin holders. These holders, who have typically held their Bitcoin for extended periods, are beginning to distribute their holdings, adding to the selling pressure in the market. This behavior can be attributed to various factors, including profit-taking after previous price surges, concerns about macroeconomic conditions, or a shift in investment strategies. Monitoring the behavior of long-term holders is crucial for understanding the overall market sentiment and potential future price movements.
Exchange Inflow and Miner Outflow Dynamics
Analyzing Bitcoin exchange inflows and miner outflows provides valuable insights into market dynamics. A drop in exchange inflows suggests reduced selling pressure, as fewer Bitcoins are being deposited onto exchanges for trading.1 Conversely, a decrease in miner outflows indicates that miners are holding onto their Bitcoin rather than selling it immediately, further reducing selling pressure. The recent drop in both exchange inflows and miner outflows is a positive sign, suggesting that selling pressure is easing and potentially paving the way for a price recovery. The expectation is that this reduced selling pressure, combined with other bullish factors, could contribute to Bitcoin reclaiming the $100,000 level.
Bitcoin Hashrate Reaching New All-Time Highs
The Bitcoin hashrate, a measure of the computational power used to mine Bitcoin, has recently reached new all-time highs.2 This is a significant indicator of the network's strength and security. A higher hashrate makes the Bitcoin network more resistant to attacks and demonstrates the continued commitment of miners to the ecosystem. While a high hashrate doesn't directly translate to immediate price increases, it reflects the long-term health and stability of the Bitcoin network, which can indirectly contribute to positive market sentiment and attract new investors. This robust network infrastructure provides a strong foundation for future price appreciation and supports the possibility of Bitcoin reaching $100,000.
The Influence of Bitcoin Whales
Bitcoin whales, entities holding substantial amounts of Bitcoin, exert significant influence on market dynamics.3 Recent data suggests that Bitcoin whales control a significant portion of exchange volume, highlighting their ability to impact price movements. Analyzing their selling patterns is crucial for understanding potential market shifts. If whales begin accumulating Bitcoin, it could signal a bullish trend, while continued selling could exacerbate downward pressure. Understanding whale behavior is essential for navigating the complexities of the Bitcoin market and anticipating potential price swings. The observation that whales control 94.5% of exchange volume underscores their influence and the importance of monitoring their activity for future market predictions.
Can Bitcoin Reclaim $100,000?
The question on everyone's mind is whether Bitcoin can reclaim the $100,000 mark. While the selling pressure from long-term holders presents a challenge, several bullish factors offer hope for a price recovery. The drop in exchange inflows and miner outflows suggests reduced selling pressure, while the record-high hashrate demonstrates the strength and security of the Bitcoin network. The behavior of Bitcoin whales will also play a crucial role in determining future price movements.
Reaching $100,000 will require a combination of factors, including a decrease in selling pressure, renewed buying interest from both retail and institutional investors, and positive developments in the broader cryptocurrency market. If these conditions are met, Bitcoin has the potential to overcome current challenges and reach new heights.
Conclusion
Bitcoin is currently navigating a delicate balance between selling pressure and bullish indicators. While long-term holder selling and critical support levels present challenges, the drop in exchange inflows and miner outflows, coupled with the record-high hashrate, offer positive signals. The influence of Bitcoin whales adds another layer of complexity to the market dynamics.
Whether Bitcoin can reclaim $100,000 remains to be seen, but the interplay of these factors will ultimately determine its future price trajectory. Careful monitoring of these key indicators is essential for understanding the evolving landscape of the Bitcoin market and making informed investment decisions.
How to outperform Microstrategy in 2025🚀 Michael Saylor vs. Smarter Bitcoin Buying
Michael Saylor has driven waves of excitement with his massive Bitcoin purchases. While it’s fascinating that a software company like NASDAQ:MSTR is using Bitcoin to boost its stock price, that’s not our focus today.
saylortracker.com
Our goal: Outperform Saylor and make better Bitcoin purchases.
📊 Current Market Outlook
📉 60-Day Cycle Low:
Bitcoin appears to be at a 60-day cycle low—a fantastic buying opportunity!
However, don’t hold past the 3-day cycle high.
🔮 What the Cycles Are Telling Us
- 2-Week Cycle: Recently reversed to the downside, signaling potential for further declines.
- 1-Week Cycle: Still declining and likely needs another month to reset.
- 60-Day Cycle: Historically bearish before completing a 24-week cycle.
💡 Key Takeaways
1️⃣ Bitcoin may need a breather before its next big move.
2️⃣ The bull market is intact, with a price range of $130–150K still achievable.
3️⃣ This is unlikely to happen in the first two months of 2025.
⏳ Patience Pays Off
I know you’re eager for gains, and soon enough, your altcoins will have their moment to shine**. 🌟
You’ll be sending screenshots of your portfolio to your friends again, trust me. 😉
📅 Most Probable Scenario
Bitcoin tends to move in 24-week cycles. On the weekly timeframe, we may see further bearish action before a reset, providing even better buying opportunities.
Patience is key—trade smarter, not harder!
This is not financial advice. Always do your own research! 📖
BTC short term update !BTC / USDT
BTC is facing strong resistance located between 97k - 99k
For more bullish continuation we need to breakout above key level 100k and then108k
Each level will open the door for more pump
However if price doest breakout we can still retest early 90k and late 80k zone
What about altcoins ?:
Most of altcoins still in accumulation range with dominance chart at resistance level .. we saw today some strong ones try to breakout of accumulation
Summary:
Resistance levels :
First key level : 98-100k
Second key level : 108k
Support levels :
First key level: 90-85k
Second key level : around 80k
Should You Buy BTC Now? Let Price Action Be Your Guide!👀👉 In this video, we take a brief analysis of Bitcoin's current price action. On the 4-hour timeframe, we observe a break in structure, raising the question: Is this a potential buying opportunity? We then drill down to the lower timeframes to look for possible confirmations, following the scenarios discussed in the video. Please note, this is for informational purposes only and not financial advice. 📉✅
BTC Bitcoin: Bullish Breakout! What's the Next Move?🚀💡 Bitcoin's breakout is here! On the 4-hour chart, BTC has surged past its structure, just as we discussed in yesterday's update. Now, all eyes are on a potential retracement into the 50-61.8% Fibonacci zone, setting the stage for a possible buying opportunity. As always, confirmation through price action is key before making any moves. Remember, this is for educational purposes only and not financial advice. 📊🔥
BTCUSDT Next Suppport at $87kBINANCE:BTCUSDT technical analysis update
BTC is trading at the support trend line and about to break below it. The price is trading below the 100 and 200 EMA, indicating bearish momentum. If the price breaks down, we can expect a bearish move, with a possible drop to $87K. The next strong support is at the $87-88K level, where we can anticipate a significant bounce.
Regards
Hexa
Bitcoin's anti-gift for the new year!Technically it looks pretty sad and I think the chart will move through the fibonacci levels. I wouldn't expect any gifts before the end of the year, just another spill and discounts. I think you will hear more words at the New Year tables that altcoins is a scam.
The liquidation levels also confirm my theory, the decline is programmed.
Horban Brothers.
BTCUSD BITCOIN BTC/USD is presenting an ideal opportunity for a sell position if you're targeting a broader downtrend. Alternatively, traders can capitalize on the current market fluctuations with scalping strategies to secure quick, short-term gains. Always prioritize risk management and stay vigilant with your trading plan.
BTCUSD most read caption BTC/USD is presenting an ideal opportunity for a sell position if you're targeting a broader downtrend. Alternatively, traders can capitalize on the current market fluctuations with scalping strategies to secure quick, short-term gains. Always prioritize risk management and stay vigilant with your trading plan.
Trading plan for Bitcoin price for Christmas & New Year holidays🎄 Christmas and New Year's holidays are coming up, and we congratulate you on that!)
We survived, even earned a little, so thank you for that)
Currently, the CRYPTOCAP:BTC price has been stopped on "the verge of a foul", but the holidays will lead to a decrease in business activity and an increase in “manipulative volatility.”
So, to follow the behavior of the OKX:BTCUSDT price, subscribe to this idea!
A big temptation is to “break the stops” of #Bitcoin, which are hiding below $85k, and an even bigger temptation is to close the GAP on the CME BTC chart in the range of $77-78k.
And there are several other options for the development of events by combining the BTC.D and USDT.D indices, but I'm too lazy to write about it yet)
⁉️ But if you are interested in us writing “voluminous reflections”, like at the end of 2022 before the start of super growth with plans for 2023-25, which are working out very well👇
then we need inspiration from you in the form of reactions and comments here and maybe a miracle will happen, the main thing is to believe in it!)
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 $80,000.
Conclusion: A Cautious but Optimistic Outlook for Bitcoin
In conclusion, several recent developments suggest that the tide may be turning for Bitcoin. Increasing institutional adoption, as evidenced by the surge in Bitcoin ETF filings, indicates a growing acceptance of Bitcoin as an investment asset. Positive netflows and declining reserves further support this notion, suggesting that investors are accumulating Bitcoin and that selling pressure is decreasing.
However, it is important to remain cautious. Bitcoin's price remains volatile, and various factors could impact its future performance.13 The cryptocurrency market is still relatively young and subject to regulatory changes, technological advancements, and shifts in investor sentiment.
Therefore, while the recent developments are encouraging, it is crucial to approach Bitcoin with a balanced perspective. Investors should conduct thorough research, understand the risks involved, and make informed decisions based on their individual circumstances and risk tolerance.
Overall, the outlook for Bitcoin appears cautiously optimistic. The increasing institutional adoption, positive netflows, and declining reserves suggest that the market may be reversing. However, it is important to remain vigilant and adapt to the ever-changing dynamics of the cryptocurrency market.
Is Bitcoin Poised for a Rally? Technical Analysis and Trade IdeaMany are asking, where will Bitcoin head next? Looking at this four-hour chart, we can see equal lows and a notable dip into sell-side liquidity. My question is whether this is setting up for a pre-Christmas rally or not. I'll be watching for a potential buy opportunity if we see a bullish market structure break. If that doesn't happen, then there won't be a trade. This is not financial advice.
BTC GOING TO 193000$!!!"These days, everyone’s saying Bitcoin might drop to 74k or even 70k. But I’m here to tell you, whales and big institutions like MicroStrategy, with all their strategies (like the RTM model I showed you), are going to push Bitcoin up to $113k first. It’ll take a small dip there, then rise again to around $117k, followed by another pullback. This cycle will keep going until we hit $193k, and then we’ll see a nice correction.
I really hope my analysis helps, even if it’s not 100% spot on! Don’t lose hope – fiat money is heading for destruction, and only the big cryptocurrencies will survive. Stay positive, take care of yourselves, and remember: health is wealth!"
BTC TO $86,850Based on my TA, BTC has now confirmed a short term trend change on the smaller time frames which will result in relief / pull back on the higher time frames (W,M).
BTC recently just crossed over the SMA's, pulled back and rejected them as well as a major key level. There is also the case of the SMA's (21/9) crossing over on the 4hr indicating a trend change confirmation.
On the higher time frames we also has deceleration and exhaustion from the candles showing a relief period and pull back is in coming which of course will result in a trend change again on the smaller time frames.
We also have the issue of the FED stating they are not looking to hold a BTC reserve and won't be changing their opinions anytime soon regardless of Trumps open supportiveness of Crypto.
The fib is also confirming a bear market as it is aligning very nicely with key levels and targets to the downside. I have entered at the LH which is the same area the market rejected the crossover of the SMA's.
We'll likely see some consolidation / resistance around the $94,500 price mark as it is a major key level imo but if we break that level then BTC will likely fall to the golden ratio market out by the fib which also happens to align with another major key level of $86,850 which is my overall target.
Of course i will lock in profits along the way, i have a small stop on this trade of just 2.5% located just above the cross over of the SMA's for some protection from TA.