BTC: Pennant Pattern$BTC Bears have been in Complete Control & Regain the 18k Crucial Support..
According to pennant pattern , Bitcoin Might going to 11-12k Before break out.
Btcusdlong
Bitcoin good story about to unravelWe are patiently waiting for BTCUSD to breakout of the current range with a clean H1 candle then we end our year in jovial faces!
Market Anomaly Detector (MAD) Paid IndicatorMy another powerful indicator.. still in testing phase.. giving amazing signals to capture from the bottom or the top.. so right now BTC is super bullish but if its a trap market reverses, we'll get signal from the top...99702 is right now the upper band, and if market closes below it, we'll get another signal. when background is green, its a buy as well, and when its red, its a sell.. grey area is the expected price range. it can travel between upper and lower band if remains grey.
Bitcoin next rallyI think most crypto market participants are too underexposed to BTC
This next rally will generate a lot of FOMO from shitcoiners, which will create cheaper shitcoin prices or, at the very least, alts maintain the same prices throughout a couple of weeks,
So avoid alts and remain fully in bitcoin.
#btc #btcusd #elliottwave long buy setup wave 3 9Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
#btc #btcusd #elliottwave long buy setup wave 3 of 5 of 1 8Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
"Market Anamoly detector (MAD)" indicator is in action (PAID)i am testing it from last 4 days and yesterday was like gem on the cake.. it was also able to capture the signal from the top..
its speciality is to not to miss any anamalies detecting in market by using statistics, momentum and trend change... Sentiment Cycle Indicator i thought was my best creation but this indicator is the DAD of the sentiment indicator as well..
and you can see in the chart after short signal it went sideways and it detected it as well by showing background color with grey.
BTC cup and handle: 128k soon?I see a nice cup and handle confirmed and broken up on the daily chart. If this is correct we could see 128k as a nice target. There’s still a resistance at 104k first, we’ll see after that.
Pi Cycle Indicates The Bottom of BTCThe Pi Cycle just triggered the Bitcoin bottom.
This is the 3rd time in the history of the bitcoin Pi cycle has shown the bottom signal, this indicator accurately predicted the Bitcoin bottom in 2015 and 2018.
if this indicator works for the third time then we are at the bottom of the bitcoin bear cycle.
Thanks
Hexa
BTC Daily Chart - Cup and Handle formation - Target $89k Dec 6thI'm not convinced this is a great Cup and Handle formation, but it is there and it is also on ETH.
However, if you compare it to the other charts, the numbers seem to be within the same reasonable ballpark and timeframe, so it's possible that multiple patterns will more strongly confirm the target.
I also don't remember how to calculate the estimated date for a C&H target to complete, so I just used 60 days as an estimate.
Lets see how this one does after the test of time.
#btc #btcusd #elliottwave long buy setup wave 5 30Nov24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
#btc #btcusd #elliottwave long buy setup wave 5 28Nov24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
FROM OUR PREVIOUS BTCUSD OUTLOOKBitcoin exceeded our predictions from our anticipation in the past few months. The future remains bright for the pair!!
$BTC Why You Should Be Accumulating Crypto NowBased on 2018-2020 data, 0.786 is a common retracement area for BTC after a bull run.
Near EOY of 2017, when BTC rose to around $19,700, we saw a retracement to $3,100. This area is under 0.786 Retracement of $4330.
In July 2019, when BTC rose to around $13,900 from $3,100, we saw a retracement to $3,850. This area is under 0.786 Retracement of $5420.
Near EOY of 2021, when BTC rose to ATM of $69,000, we are now seeing a retracement under 0.786 Retracement of $17,800.
What does this mean?
As many know, we are currently not in a bull market.
We have seen an over 75% drop from ATH of $69,000, which may indicate a reversal for the market in the very near future.
The shift from a bear to a bull market is coming soon.
History suggests that now is a great time to accumulate crypto for discount prices while others are hesitant.
BTC to 35k in the next 2 monthsBTC had a nice rsi divergence in November while everyone was focused on SBF. I expect a rally in the stock and crypto market soon. I believe the reason for the recent down turn (in the last few weeks) is not inflation (since it has been coming down) but the budget to fund the US government. once that is passed and signed, that would be the catalyst for the next market rally as well as the unemployment and CPI data in January.
Please do your DD as this is not a financial advice
Is this Bitcoins Local TOP?I know you missed CRYPTOCAP:BTC and want to FOMO again.
You might have a great chance soon to make great gains with #Altcoins. If you will be patient and follow the plan.
Here is what I think will happen soon: 👇
The "OTHERS" indicator (top 100 alts, excluding the big 10) hit a weekly high in October—red line above 80. Since then, it’s been slowly trending down.
But the story isn’t over yet... 🚀
Numbers don’t lie. Just look at what played out during the same cycle phase last year: 👇
We’re in a nearly identical cycle now. You choose now.
#Altseason #AltcoinGems #Bitcoin #BTCUSDT #TradingView
BTC new all time highs.I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top but a correction top in an expanded flat as it went up in 3 waves. Also most indicators will show that April 2021 was the actual top. Thus I believe we are in the wave 5 which will take us to about between 70k and 96k using fibonacci extension on the candle and line. Once we get above the previous high, the media will hype up 200k-500k and most people will FOMO in there since it would look like we have no more resistance and the sky's are clear. This in my opinion will lead to the biggest crash in Crypto, and bitcoin.
Watch the charts and not what they say.
This is just my opinion and not a financial advice, please do your DD.
BITCOIN (BTC) TO RALLYIt is observed that price is traded within a band (blue channel) forming a pattern known as the bullish flag which is highlighted (green) pole and a trading channel (blue).
This present a massive opportunity as this chart structure indicates a prospective price rise of about 70%.
This also aligns with the other fundamentals like the US elections in November as usually market makers will take position before significant events.
The idea is to buy at the lower troughs of the blue channel while expecting a price break-out to about $88,000
ACTION PLAN
50,560-53,770 -- BUY
50,550 -48,659 --WAIT/ DO NOTHING
BELOW 48,396 --SELL
However, this trade idea gives a risk reward ratio of 8.9.
Goodluck!!
What do y'all think...Shall we continue the groove?Hey everyone, just messin around with random ideas. Who knows, honestly just wanted to publish this because it might just work.
Some close numbers in the previous two bear to bull cycles. I just measured the highs&lows of previous cycles along with duration.
The numbers for the two previous full cycles were pretty close, so I just mapped the average out for our current situation.
Still can retest lows but too much beyond that is probably out of sight.
Dunno, not financial advice and just experimenting.
Any insight?
Hope everyone is well, thanks for your time.
🔍 Bitcoin Halving 2024: Unraveling the Next Big Rally🔥CRYPTO:BTCUSD
BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders.
With only 17 days left until the monumental #Halving2024 event ⏳, the anticipation within the crypto community is palpable. Bitcoin ( CRYPTOCAP:BTC ), the trailblazer of cryptocurrencies, is already trading above its All-Time High (ATH), signaling a market that is ripe with optimism. But the real spectacle? It's just on the horizon.
65K is my ideal support for further corrections.
Follow me for more insights ... 🚀🌕
📈 What to Expect?
Historically, Bitcoin undergoes a halving event every four years, a process that cuts the mining reward in half. This deflationary mechanism reduces the new supply of Bitcoin, potentially leading to an uptick in price as demand continues to rise against a limited supply. The aftermath of past halvings has witnessed substantial rallies, and the question now is, not if, but how high will CRYPTOCAP:BTC soar post-Halving2024?
🔑 Key Insights:
Our analysis delves deep into the historical data, comparing pre and post-halving market behavior. The patterns observed suggest a 'wild mode' activation for Bitcoin, often kickstarting a major bull run. But what makes this halving event different? With CRYPTOCAP:BTC already above its ATH, the stage is set for unprecedented growth. 💹
🧐 The Break Point:
The Halving Event is often regarded as a Break Point for Bitcoin, a transformative phase that catapults it into a new valuation territory. Our projections, rooted in sophisticated economic models and historical trend analysis, point towards a bullish explosion that could redefine market expectations. 🌐
📊 Strategy for Investors:
The countdown to the halving is a critical period for investors. Being early in accumulating CRYPTOCAP:BTC and altcoins could position you advantageously for the impending rally. Our advice? Don't wait for the market to move post-halving. The opportunity is now. Accumulate, diversify, and prepare for the ride of a lifetime. 📈
💥Be Part of the Revolution:
#Bitcoin's halving is not just an event; it's a testament to the resilience and revolutionary nature of cryptocurrencies. Join us as we navigate through these exciting times, armed with data-driven insights and a community of passionate investors. Whether you're a seasoned trader or new to the crypto space, now is the time to be part of something extraordinary. Let's embrace the future, together. 🚀🌕
#Halving2024 | #BTC | #CryptoRally
First top at approx. 130kBased on a calculation I pulled out of thin air, comparing current price position on the BTC^2/LTC scale to previous bull runs (attached below), I estimate the next top or the first of next tops to be 130k.
