BTCUSDC
The Moment of Truth – New ATH Incoming?The time has come for Bitcoin to challenge and potentially break through its key resistance level. Market sentiment, combined with technical strength, suggests that a new all-time high (ATH) might be closer than we think.
Why BTC Could Break Resistance:
Global Momentum: Increasing institutional interest and macroeconomic factors are supporting a bullish outlook.
Volume and Buyer Strength: Recent trading activity shows strong buyer interest near critical levels, hinting at sustained demand.
ETH’s Time to Shine:
Meanwhile, ETH is poised for a resurgence. After a period of underperformance, ETH is no longer being "crushed" by market pressures. With significant developments in its ecosystem and renewed interest, it’s time for Ethereum to perform better and reclaim its standing in the market.
What to Watch For:
BTC breaking resistance with conviction could signal the start of a broader market rally.
ETH following suit could lead to an impressive recovery and potentially outperform BTC in the near term.
The markets are at a tipping point—let’s see how this plays out!
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.
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Bitcoin will fall sharpely!Beware, there is a high risk of Bitcoin dump in the next few days. Of course, I could be wrong, as I'm no soothsayer and I've made mistakes in the past, but I'm relying on a predictive model I've been developing for the past three years, which has become very reliable in recent months. To sum up, my model gives me a cycle top below $100K, a 30 to 40% dump this week, followed by a downtrend punctuated by rebounds over several months towards $31K. Do your own research, as I'm only expressing my opinion, which is not a financial advice.
BITCOIN -important data about bullrun (2024 - 2025)Weekly chart displays a parbolic curve pattern and as shown we already started at the base4
-let me tell u more about the parabolic curve..
parabolic curve consist of 4 bases... price going sideway at every base then make double in short period
base 1: 24k - 44k within (84 days)
base 2: 38k - 69k within ( 49 days)
base 3: 58k - 99k within (42days)
-so i expect price go sideway from this point consolidated a base 4 then btc will pumped hard in short period (maximum 60 days)
-if u look at BTC.Dominance u will see a pretty monthly/weekly close below the multi years rising wedge pattern , 0.618 fib this is prime close ...when u applied the previous data about BTC and the Dominance data u will know that we will start an extremly bullish ALTSEASON
-My advice is to detect ur target from now and never sell too early if u gain a profit
-for explain it more i will give u an example:(AVAX)
-in 2021 AVAX pumped hard about 15X within 126days just about 4months ... do u think who bought AVAX sold it with X15 profit?
-absoultly no 99.99% didn't do that , but there is who sell AVAX with loss even when it pumped 15X and others sold at profit of 50% or 100%... imagine the feeling who buy AVAX at the dip and sold it with 50% or 100% profit.. he will wish he had been paralyzed during those 126days to get the great profit
-Therefore, .. contentment is important, but this does not make you sell too early
-Be patient with your coins in the bullrun and you will find that you have earned good profits and set reasonable targets... This is the most difficult challenge
-Because this matter of contentment does not work ...because despite all these heights that you see, you have not seen the crazy jumps yet
This is a promise from me and remember this well ..Once you see crazy jumps, you will not be able to control yourself, greed and FOMO will kill you if you do not have goals from now and a clear plan drawn up.
Best regards Ceciliones🎯
#BTC - Amazing Long Setup Is #Bitcoin ready to break the legendary 100k mark that everyone is awaiting? Check out the analysis below!
HTF Bias:
Price broke the previous daily rejection block / supply zone / structural high,
marked with a purple rectangle, which now means it should hold as a demand
zone for later pullback
From the swing low to high, if we trace a fibonacci retracement, we see that price perfectly rejected from the **Golden Zone - 0.618 - 0.768 **(in this case it barely hit 0.618)
It bounced back to mitigate supply zone left behind, leaving behind the same
flip zone (supply turning to demand zone), reversed and now it just sweeped the
most recent liquidity, showing clear rejection signs, forming a huge wick
LTF Bias:
Now that the HFT is aligned with LTF, all that matters is where we entry the trade
Given we already sweeped the most obvious liquidity, this is how I would place my trade
Stop loss below the most recent sweep, Take Profit at the 1.236 mark on the Fibonacci Extension tool
What are your thoughts on this chart? Do you have any #Bitcoin in your wallet?
What are your targets?
Follow for more daily ideas!
Is Bitcoin's Liquidity Index a Reliable Indicator for PredictingBitcoin (BTC) has been making significant strides in recent times, and a new analysis suggests that the cryptocurrency could reach a local top of $102,000 by January 2025. This prediction is based on the behavior of Bitcoin's liquidity index, a metric that measures the ease with which Bitcoin can be bought or sold.
The Significance of Bitcoin's Liquidity Index
The liquidity index is a crucial indicator of market sentiment and potential price movements. A higher liquidity index suggests increased investor interest and a stronger demand for Bitcoin. Conversely, a lower liquidity index may signal waning interest and potential price declines.
Historical Correlation Between Liquidity Index and Bitcoin Price
Historical data reveals a strong correlation between Bitcoin's liquidity index and its price. In the past, periods of high liquidity have often preceded significant price rallies, while periods of low liquidity have coincided with price corrections.
The 2025 Prediction
Based on the current trend of the liquidity index, analysts predict that Bitcoin could reach a local top of $102,000 by January 2025. This projection is supported by the historical correlation between the index and Bitcoin's price.
However, it's important to note that this prediction is based on the assumption that the historical correlation between the liquidity index and Bitcoin's price will continue to hold. While this assumption is reasonable, it's not guaranteed. Several factors could influence Bitcoin's price trajectory, including macroeconomic conditions, regulatory developments, and geopolitical events.
Potential Correction After the Peak
Following the projected $102,000 peak, Bitcoin may undergo a correction to around $70,000. This potential correction could be driven by profit-taking, overbought conditions, or a shift in market sentiment.
Factors Influencing Bitcoin's Price
Several factors could impact Bitcoin's price in the coming months and years:
1. Macroeconomic Conditions: Global economic conditions, such as inflation rates, interest rates, and GDP growth, can significantly influence Bitcoin's price.
2. Regulatory Environment: Regulatory clarity and favorable policies can boost investor confidence and drive Bitcoin's adoption.
3. Institutional Adoption: Increased adoption of Bitcoin by institutional investors, such as hedge funds and pension funds, can provide significant price support.
4. Network Upgrades: Technological advancements and network upgrades can enhance Bitcoin's scalability and efficiency, attracting more users and investors.
5. Market Sentiment: Investor sentiment, including fear, greed, and speculation, can play a significant role in short-term price fluctuations.
Conclusion
While the liquidity index suggests a potential $102,000 peak for Bitcoin by January 2025, it's essential to approach this prediction with caution. The cryptocurrency market is highly volatile, and unforeseen events can significantly impact Bitcoin's price.
Investors should conduct thorough research and consider consulting with financial advisors before making any investment decisions. It's also crucial to diversify one's investment portfolio and manage risk effectively.
As Bitcoin continues to evolve and mature, its long-term potential remains significant. However, investors should be prepared for both upside and downside volatility in the short term.
#BTC/USDT#BTC
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of
96000
Entry price 96500
First target 97270
Second target 98691
Third target 100000
Where are we in the Bitcoin Cycle?Let’s break it down:
1️⃣ 60-Day Cycle Count
2️⃣ Cycle Indicators
🧵👇
1️⃣ 60-Day Cycle 📆We’re on Day 20 of the cycle.
💡 Around this time, a small retracement to the mid-cycle low is normal. But here’s the bullish twist:
⚡ In bullish cycles, the mid-cycle low is HIGHER than:
The previous cycle low
Even the next cycle low
✅ Translation? We’re STILL climbing this cycle! 🚀 Expect upside in the next 1–2 weeks.
2️⃣ Cycle Indicators 📊The 2W, 1W, 3D, and 1D indicators just hit 80—a level that usually triggers a price drop.
⬇️ This marks the top of the 1W cycle and could signal some short-term cooling off.
Summary 🧠 🌱 Day 20 of a bullish cycle = Growth ahead. 🔔 Short-term pullbacks = Buying opportunities.
👀 Watch for continued upside over the next 1–2 weeks. Stay on the line.
#Bitcoin #Crypto #BTC #TradingView
Bitcoin's $92K Correction: A Deep Dive into the Real CulpritBitcoin, the world's largest cryptocurrency, has recently undergone a significant price correction, dipping below the crucial $92,000 level. While many analysts initially pointed fingers at the influx of Bitcoin Exchange-Traded Funds (ETFs) as the primary catalyst for this downturn, on-chain data paints a different picture.
The Myth of ETF-Induced Selling Pressure
The narrative that ETF inflows have been the primary driver of Bitcoin's recent price decline has gained traction in certain circles. However, a closer examination of on-chain data reveals a different story.
• Long-Term Hodlers Remain Resilient: Despite the market downturn, long-term Bitcoin holders, often referred to as "whales," have shown remarkable resilience. These individuals, who have held their Bitcoin for extended periods, have not been significant sellers during the recent correction.
• Short-Term Holders Under Pressure: In contrast to long-term holders, short-term holders have been more inclined to sell their Bitcoin, particularly during periods of market volatility. This suggests that the recent price decline may be more attributable to profit-taking by short-term investors rather than a broader market sell-off.
A Normal Correction, Not a Bear Market
It's important to recognize that the current price correction is a natural part of the cryptocurrency market cycle. Bitcoin has experienced similar corrections in the past, often followed by periods of consolidation and subsequent upward momentum.
• Technical Analysis Suggests a Healthy Correction: A closer look at Bitcoin's technical indicators reveals a healthy correction. The Relative Strength Index (RSI) has dipped below the overbought level, indicating that the recent price surge may have been overextended. Additionally, the Moving Average Convergence Divergence (MACD) has crossed below the signal line, suggesting a potential bearish trend in the short term.
• Support Levels to Watch: Traders and investors should keep an eye on key support levels, such as the 100-day moving average on the 4-hour chart. If Bitcoin can hold above this level, it could signal a potential reversal of the current downtrend.
The Future of Bitcoin: A Long-Term Bullish Outlook
Despite the recent price correction, the long-term outlook for Bitcoin remains bullish. Several factors continue to drive the adoption and value of Bitcoin:
• Institutional Adoption: Major financial institutions and corporations are increasingly recognizing the potential of Bitcoin as a valuable asset class. This institutional adoption is likely to fuel further price appreciation in the long run.
• Deflationary Supply: Bitcoin's fixed supply of 21 million coins ensures that its value will appreciate over time as demand increases.
• Global Economic Uncertainty: As global economies grapple with inflation and geopolitical tensions, Bitcoin's appeal as a hedge against inflation and a store of value is likely to grow.
In conclusion, while the recent price correction may have caused some short-term volatility, it is important to maintain a long-term perspective. Bitcoin's underlying fundamentals remain strong, and the cryptocurrency is well-positioned to continue its upward trajectory in the years to come.
Disclaimer: This article is for informational purposes only and should not be construed as financial1 advice. It is important to conduct thorough research and consider consulting with a financial advisor before making any investment decisions.2
Apple from 2014 vs Bitcoin nowApple from 2014 vs Bitcoin now
I don’t know the potential all-time high for the current BTC cycle, but if ~$5 trillion market cap = ~$260,000
If this cycle is really about mass adoption of Bitcoin, I think neither BlackRock (because of ETF) nor governments will let it fall too much in the bear market.
Basically, they will use it to accumulate more and won’t let BTC fall below important levels.
Understanding the Benefits of Long-Term Bitcoin HoldingThe Bitcoin market has been on a tear, recently surging towards the coveted $100,000 mark. Amidst this bullish momentum, a fascinating trend has emerged: long-term Bitcoin holders, often referred to as "hodlers," are showing no signs of capitulation.1 In fact, they seem more determined than ever to hold onto their coins, even as the price continues to rise.
The Psychology of Hodling
The concept of hodling, a deliberate misspelling of "holding," has become synonymous with the Bitcoin community. It encapsulates the idea of buying and holding Bitcoin for the long term, regardless of short-term price fluctuations. Hodlers are often driven by a deep belief in Bitcoin's potential as a revolutionary technology and a store of value.2
As Bitcoin's price has soared, some investors might be tempted to take profits and cash out. However, long-term holders are resisting this urge, choosing instead to remain patient and steadfast in their conviction. This behavior can be attributed to several factors:
• Belief in Bitcoin's Long-Term Potential: Many hodlers view Bitcoin as a digital gold, a scarce asset with immense value potential. They believe that the current price surge is just the beginning of a much larger upward trend.
• Fear of Missing Out (FOMO): As Bitcoin's price continues to climb, there's a fear of missing out on significant gains. Hodlers may worry that if they sell now, they might regret it later when the price reaches even higher levels.
• The Halving Effect: Bitcoin's supply is halved every four years, reducing the number of new coins entering circulation.4 This event, known as the halving, is expected to have a significant impact on Bitcoin's price. Hodlers may be anticipating a substantial price increase after the next halving, scheduled for 2024.
• The Network Effect: As more people and institutions adopt Bitcoin, its network effect strengthens. This increased adoption can lead to higher demand, driving the price up further.
Why Hodling is Good for Bitcoin
The fact that long-term holders are resisting the temptation to sell is a positive sign for Bitcoin's future. Here's why:
• Reduced Selling Pressure: When fewer coins are being sold, it reduces selling pressure on the market. This can help to stabilize the price and prevent sharp declines.
• Increased Price Stability: A lower supply of Bitcoin available for sale can lead to increased price stability. This can attract more institutional investors who prefer assets with lower volatility.
• Stronger Market Fundamentals: The behavior of long-term holders demonstrates strong market fundamentals. It suggests that Bitcoin is perceived as a valuable asset with long-term potential.
• Positive Market Sentiment: The resilience of long-term holders can boost market sentiment, attracting new investors and driving further price appreciation.
In conclusion, the greed of long-term Bitcoin holders is a bullish indicator for the cryptocurrency market. Their unwavering belief in Bitcoin's potential, coupled with their willingness to hold onto their coins, is a testament to the strength of the Bitcoin community and the underlying technology. As Bitcoin continues its journey towards mass adoption, the hodlers will likely play a crucial role in shaping its future.
Another approach to the cycly using Gaussian ChannelIts been pretty interesting that bull markets have usually last about 1000 days. If we keep with that nature we could see as I mentioned multiple times before tops in 2025 and bottom prices around the last quarter of 2026. I drew what might be the future path of the Gaussian Channel in the upcoming two years. I hope you like it.
Bitcoin Nears $100,000 as China Clarifies Personal Crypto RightsBitcoin, the world's largest cryptocurrency, has been on a tear, recently surpassing the $99,000 mark. This surge has been fueled by a combination of factors, including increased institutional adoption, favorable regulatory developments, and growing global economic uncertainty.
China's Crypto Clarity
One of the most significant developments for the cryptocurrency market has been China's clarification of its stance on personal crypto ownership. While the country has imposed strict regulations on cryptocurrency trading and mining, it has clarified that individuals are allowed to hold cryptocurrencies for personal use. This regulatory clarity has boosted investor confidence and could potentially lead to increased adoption of cryptocurrencies in China, the world's second-largest economy.
Institutional Adoption Continues to Grow
Institutional investors, such as hedge funds, pension funds, and corporations, have been increasingly investing in Bitcoin and other cryptocurrencies. This growing institutional interest has provided significant support to the market and has helped to drive the price of Bitcoin higher.
Global Economic Uncertainty
The ongoing global economic uncertainty, including rising inflation, geopolitical tensions, and the potential for a recession, has led investors to seek alternative assets. Bitcoin, as a decentralized and inflation-resistant asset, has become an attractive investment option for many.
Technical Analysis: A Bullish Outlook
Technical analysis of Bitcoin's price chart suggests that the cryptocurrency is in a strong uptrend. The recent breakout above the $99,000 level has further strengthened the bullish sentiment. Key technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are signaling1 bullish momentum.
On-Chain Data Points to Further Upside
On-chain data, which analyzes the behavior of Bitcoin on the blockchain, provides further insights into the potential for future price appreciation. Metrics like the MVRV Z-Score, NUPL, and Puell Multiple suggest that Bitcoin is not overbought and has significant room to grow.
Challenges and Risks
While the outlook for Bitcoin remains bullish, it is important to acknowledge the risks and challenges associated with investing in cryptocurrencies. These include:
• Market Volatility: The cryptocurrency market is highly volatile, and Bitcoin's price can fluctuate significantly in a short period.
• Regulatory Uncertainty: Changes in regulations can impact the price of Bitcoin and other cryptocurrencies.
• Security Risks: Cryptocurrencies are vulnerable to hacking attacks and other security threats.
• Technical Issues: Technical issues with the Bitcoin network could negatively impact its performance and price.
Conclusion
Bitcoin's recent surge to near $100,000 has been fueled by a combination of factors, including increased institutional adoption, favorable regulatory developments, and growing global economic uncertainty. While the future of Bitcoin remains uncertain, the current bullish sentiment and strong technical indicators suggest that the cryptocurrency could continue its upward trajectory. However, investors should approach Bitcoin with caution and be aware of the risks involved.
How Do They Contribute to the Surge Above $100K on Deribit?A New Era of Crypto Adoption Dawns
The cryptocurrency market has been ablaze with bullish sentiment, and Bitcoin (BTC) has taken center stage. A particularly striking development has emerged from the derivatives market, with Bitcoin futures on Deribit trading above the $100,000 mark for contracts expiring in March, June, and September 2025. This unprecedented surge in futures prices signals a profound shift in market sentiment and underscores the growing anticipation for Bitcoin's long-term potential.
The Deribit Phenomenon
Deribit, a prominent cryptocurrency derivatives exchange, has become a focal point for institutional investors and traders seeking exposure to Bitcoin's volatility. The exchange's robust trading platform and deep liquidity pools have attracted diverse market participants, from hedge funds to retail traders.
The recent surge in Bitcoin futures prices on Deribit can be attributed to several factors:
1. Institutional Adoption: A growing number of institutional investors, such as hedge funds and pension funds, are allocating a portion of their portfolios to cryptocurrencies. These institutions often prefer derivatives markets for their flexibility and risk management capabilities.
2. Regulatory Clarity: Increasing regulatory clarity in major jurisdictions, including the United States, has boosted investor confidence. As governments worldwide grapple with the implications of cryptocurrencies, a more favorable regulatory environment could further accelerate adoption.
3. Network Upgrades: Bitcoin's ongoing network upgrades, such as the Lightning Network and Taproot, are enhancing the efficiency and scalability of the blockchain. These improvements could lead to increased adoption and transaction volume.
4. Deflationary Nature: Bitcoin's limited supply and deflationary nature make it an attractive asset for long-term investors. As the demand for Bitcoin grows, its price is expected to appreciate over time.
A Glimpse into the Future
The $100,000 price level for Bitcoin futures represents a significant psychological barrier. Breaking through this level could further ignite bullish sentiment and attract new investors to the market. However, it is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.
While the long-term outlook for Bitcoin remains optimistic, short-term price fluctuations are inevitable. Investors should approach the market with a long-term perspective and be prepared for potential volatility.
The Road Ahead
As Bitcoin continues to evolve and mature, its role in the global financial system is likely to expand. The recent surge in futures prices on Deribit is a testament to the growing recognition of Bitcoin's value proposition. However, it is crucial to remain cautious and conduct thorough research before investing in cryptocurrencies.
Potential Challenges and Risks
Despite the bullish sentiment, several challenges and risks could impact Bitcoin's price trajectory:
1. Regulatory Uncertainty: While regulatory clarity is increasing, inconsistent regulations across different jurisdictions could create uncertainty for investors.
2. Market Manipulation: The cryptocurrency market is susceptible to market manipulation, especially by large players with significant financial resources.
3. Security Risks: Hackers and cybercriminals pose a constant threat to cryptocurrency exchanges and wallets.
4. Economic Downturns: Economic downturns and geopolitical tensions could negatively impact the cryptocurrency market.
Conclusion
The recent surge in Bitcoin futures prices on Deribit marks a significant milestone in the cryptocurrency market. However, investors should approach the market with caution and be aware of the inherent risks. As the cryptocurrency industry continues to evolve, it is essential to stay informed and adapt to the changing landscape.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice.1 Please conduct your own research2 or consult with a financial advisor before making any investment decisions.
How Do They Contribute to the Surge Above $100K on Deribit?A New Era of Crypto Adoption Dawns
The cryptocurrency market has been ablaze with bullish sentiment, and Bitcoin (BTC) has taken center stage. A particularly striking development has emerged from the derivatives market, with Bitcoin futures on Deribit trading above the $100,000 mark for contracts expiring in March, June, and September 2025. This unprecedented surge in futures prices signals a profound shift in market sentiment and underscores the growing anticipation for Bitcoin's long-term potential.
The Deribit Phenomenon
Deribit, a prominent cryptocurrency derivatives exchange, has become a focal point for institutional investors and traders seeking exposure to Bitcoin's volatility. The exchange's robust trading platform and deep liquidity pools have attracted diverse market participants, from hedge funds to retail traders.
The recent surge in Bitcoin futures prices on Deribit can be attributed to several factors:
1. Institutional Adoption: A growing number of institutional investors, such as hedge funds and pension funds, are allocating a portion of their portfolios to cryptocurrencies. These institutions often prefer derivatives markets for their flexibility and risk management capabilities.
2. Regulatory Clarity: Increasing regulatory clarity in major jurisdictions, including the United States, has boosted investor confidence. As governments worldwide grapple with the implications of cryptocurrencies, a more favorable regulatory environment could further accelerate adoption.
3. Network Upgrades: Bitcoin's ongoing network upgrades, such as the Lightning Network and Taproot, are enhancing the efficiency and scalability of the blockchain. These improvements could lead to increased adoption and transaction volume.
4. Deflationary Nature: Bitcoin's limited supply and deflationary nature make it an attractive asset for long-term investors. As the demand for Bitcoin grows, its price is expected to appreciate over time.
A Glimpse into the Future
The $100,000 price level for Bitcoin futures represents a significant psychological barrier. Breaking through this level could further ignite bullish sentiment and attract new investors to the market. However, it is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.
While the long-term outlook for Bitcoin remains optimistic, short-term price fluctuations are inevitable. Investors should approach the market with a long-term perspective and be prepared for potential volatility.
The Road Ahead
As Bitcoin continues to evolve and mature, its role in the global financial system is likely to expand. The recent surge in futures prices on Deribit is a testament to the growing recognition of Bitcoin's value proposition. However, it is crucial to remain cautious and conduct thorough research before investing in cryptocurrencies.
Potential Challenges and Risks
Despite the bullish sentiment, several challenges and risks could impact Bitcoin's price trajectory:
1. Regulatory Uncertainty: While regulatory clarity is increasing, inconsistent regulations across different jurisdictions could create uncertainty for investors.
2. Market Manipulation: The cryptocurrency market is susceptible to market manipulation, especially by large players with significant financial resources.
3. Security Risks: Hackers and cybercriminals pose a constant threat to cryptocurrency exchanges and wallets.
4. Economic Downturns: Economic downturns and geopolitical tensions could negatively impact the cryptocurrency market.
Conclusion
The recent surge in Bitcoin futures prices on Deribit marks a significant milestone in the cryptocurrency market. However, investors should approach the market with caution and be aware of the inherent risks. As the cryptocurrency industry continues to evolve, it is essential to stay informed and adapt to the changing landscape.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice.1 Please conduct your own research2 or consult with a financial advisor before making any investment decisions.
Bitcoin analysis for long term I think that Bitcoin is about to end the current bullish cycle that came about because of the recent wars. Bitcoin followed gold in the last two years in the upward trend because of the wars, the war between Ukraine and Russia, the Israeli war on Gaza and Lebanon, and the global political and economic conflicts, which led to a very large rise in Bitcoin and gold, but I think that this current cycle is about to end after these wars reached closed areas and brought prices to very inflated prices. I think that this is a very big opportunity in alternative currencies because they will start to rise because many will liquidate Bitcoin by buying alternative currencies in order to increase profits and exit in the upward trend. I think that alternative currencies will rise between 100% to 1000% for each currency, so I see it as a suitable opportunity to get rid of Bitcoin between the current prices up to $105,000, and after that there will be downward waves that will last for a period that is not short, but may extend for months or years.
BITCOIN analysis for long term I think that Bitcoin is about to end the current bullish cycle that came about because of the recent wars. Bitcoin followed gold in the last two years in the upward trend because of the wars, the war between Ukraine and Russia, the Israeli war on Gaza and Lebanon, and the global political and economic conflicts, which led to a very large rise in Bitcoin and gold, but I think that this current cycle is about to end after these wars reached closed areas and brought prices to very inflated prices. I think that this is a very big opportunity in alternative currencies because they will start to rise because many will liquidate Bitcoin by buying alternative currencies in order to increase profits and exit in the upward trend. I think that alternative currencies will rise between 100% to 1000% for each currency, so I see it as a suitable opportunity to get rid of Bitcoin between the current prices up to $105,000, and after that there will be downward waves that will last for a period that is not short, but may extend for months or years.
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.
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!
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