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Btcusdsignals

BITCOIN Our China bonds ratio is giving a huge buy signalIt is not the first time we look into how the Chinese bonds (with our unique CN02Y/CN20Y ratio displayed by the blue trend-line) affect Bitcoin's (BTCUSD) Cycles: With the addition of the Sine Waves to better illustrate the Cyclical behavior of the bond yields ratio, we can see that it matches almost perfectly BTC's Cycles. Every time it bottoms, BTC bottom as well and start a cyclical rally. Additionally, you can see that the ratio has been on a Channel Down for the past 10 years, supporting the bullish expansion on Bitcoin. At the moment the ratio is pulling back in a similar fashion as March 2013, January 2017 and December 2019. On those occassions Bitcoin started a Parabolic Rally afterwords. Do you think we are that close to a huge buy signal as suggested by the Chinese bonds ratio? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
11
Bitcoin what a huge uncorrelation with S&PAt the current values of the S&P500 index, Bitcoin was priced at $55,000-$59,000 in 2022. Unfortunately, starting from around May, Bitcoin has completely lost its correlation with the S&P 500 index. Despite the S&P's rapid growth of over 10%, Bitcoin has remained relatively stagnant. To make matters worse, if significant downward trends occur in the S&P 500, Bitcoin will not withstand it and the correlation will temporarily return. In other words, Bitcoin is currently unresponsive to minor movements (both upward and downward) in the S&P 500, but it will react to a major downturn.
BITSTAMP:BTCUSD
by GarateTradeCrypto
BITCOIN will rally to $150k! Ground-breaking Fibonacci analysis!This chart on the 1W time-frame is a complete mapping of the rest of Bitcoin's (BTCUSD) Cycle! The basis of it is a Fibonacci Channel Up (May 2017 to October 2025) whose price symmetry is identical with the one that run from June 2013 to November 2021. As you can see the similarities within the two are more than obvious, even on a 1W RSI basis. The current Channel Up has already started its second Cycle and through a certain set of technical formations and events we project its pathing and cyclical Top. ** The Fibonacci Channels similarities ** Let's start by comparing the common characteristics between the two Channels. Both start with a 1st Rally (green arc) that makes a 1st High on Fibonacci 1.0. The Bear Cycle starts and bottoms when the 1W MA50 (blue trend-line) makes a Bearish Cross under the 1W MA100 (green trend-line) and the 1W RSI hits the 30.00 oversold zone (green circle). Then the first mini rally of the new Bull Cycle starts but loses steam as the 1W RSI breaks above the 70.00 overbought zone (blue circle). The price eases and after a 1W MA50/100 Bullish Cross, the Halving event comes to kick-start the 2nd Rally. That rally peaks a little under Fib 1.0. Same picture after that as the new Bear Cycle bottoms on an oversold 1W RSI and a 1W MA50/100 Bearish Cross. On the previous Channel Up, the 3rd Rally also started after the Halving event (3rd) and topped within the 0.618 and 0.5 Fibonacci range. ** Where are we now? ** This brings us back to today and the new Channel Up. As mentioned it has started the new Bull Cycle and is on the mini rally, with the 1W RSI getting rejected exactly on the 70.00 overbought Resistance. This indicates that even if we get a Higher High short-term above the 1W MA100, we should see the price getting neutralized until the new 1W MA50/100 Bullish Cross and Halving 4 (expected in April 2024) that will give the signal for the start of the Channel's 3rd Rally. ** What will the next High be? ** It is important to point out now that all Rallies has started below the 0.236 Fibonacci level. It is equally important to mention that the time range between Cycle Highs have been 210 weeks (1470 days) and 204 weeks (1428 days). If the current date range is also the 204 minimum, then we should be expecting the next High to be around October 13 2025. And if it is again within the 0.618 and 0.5 Fibonacci range, then it should be around $150000! Do you agree with that projection or you have a lower/ higher target? Is this Fibonacci Channel approach the way to go for the rest of the current Cycle? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
9
BITCOIN On the 1D MA50 again after 5 weeks!Bitcoin (BTCUSD) hit today the 1D MA50 (blue trend-line) for the first time since the June 20 bullish break-out. This is the first level of Support and potential buy entry for medium-term traders. Our condition is that the 1D candle has to close above the 1D MA50 as on the April 24 and February 13 similar bottoms. Those delivered a +11.44% and +18.18% rise respectively. As a result, if the candles keep closing above the 1D MA50 we can see an immediate upside on BTC ranging from 32200 to 34200. Notice also that the 1D RSI hit the bottom of the Symmetrical Support Zone, formed by the lows mentioned above. An additional buy signal, as long as the 1D MA50 is holding. Do you expect that it will hold and pushed BTC to a rebound or a candle close below it can pull the price as low as the 1D MA200 (orange trend-line), which is untested since March 10? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
4
BITCOIN Early August will trigger a massive rally!Bitcoin (BTCUSD) has established itself above the 1W MA50 (blue trend-line) making steady Higher Highs since the start of the year and on the week of August 07 2023 is about to complete 60 weeks since the 1W RSI bottom (the Bear Cycle's technical bottom if it wasn't for November's FTX crash). In the last two Cycles, the 60 week mark from the RSI bottom, triggered the start of a strong rally (green Channel Up) that reached +359% from the Cycle's bottom. Every Cycle can be viewed as an Ascending Triangle with the Top/ Resistance starting from the Bear Cycle's first Lower High. On the 2014/ 2015 Cycle the Resistance was at +300%. In 2019 the +359% mark was reached much earlier due to the Libra euphoria. Also the sudden collapse exactly after the 60 week completion was due to the March 2020 COVID crash, a non-technical irregularity. The Channel Up started shortly after regardless, harmonizing the patterns, right when the 1W MA50 was regained. Notice how even the 1W RSI sequences look similar with each other, with the Lower Highs trend-line standing out. In any case on the current Cycle, the +359% mark matches exactly the $69800 All Time High (ATH), while a +300% rise sets a Target at $63000. One thing looks certain based on this model, that the 60 week count is almost up and in August we can see the start of a new rally towards this target zone. Scale your buys accordingly! Buy what do you think? Are you expecting BTC to follow this pattern of the previous Cycles or have a different projection in mind? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
9
BITCOIN Near the 1D MA50, ready for a pump to $34000Bitcoin (BTCUSD) has been consolidating for nearly a full month (since the June 23rd High) and the 1D MA50 (blue trend-line) is only 1000 points away. Since the bullish break-out exactly at the start of the year, BTC has used the 1D MA50 as the short-term Support and more specifically the bounce level before each Higher High. As you see on this chart, the movement since the start of 2023 has been fairly Cyclical, a Higher Highs rejection starts a correction, which when the 1D MA50 breaks (1D candle closes below it), extends towards the 1D MA200 (orange trend-line). This sequence current has the last Higher High to give and we expect to start any time. Our target is $34000. Do you think the 1D MA50 will hold or break? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BTCUSDLong
by TradingShot
10
BITCOIN The 1M MACD Bullish Cross puts a 50k target by December.Bitcoin (BTCUSD) is on the first month following the MACD Bullish Cross on the 1M (monthly) time-frame. The previous bottom MACD Bullish Cross formations, where achieved with the price on the 0.786 (June 2019) and the 0.5 (December 2015) Fibonacci retracement levels respectively. On the current sequence, the price has hit the 0.5 Fib. In 2016 it took BTC 6 months to get to the 0.786 Fib, which sets a time estimate on December. The 0.786 Fib is this time at $50000 and that is our target for the end of the year. DO you agree with the symmetry or have a different end-of-year target? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
8
Update to Crypto cycle indicatorA couple days ago, I published this idea . It's an idea taken from a setup Will Clemente published on Twitter last year as the crypto space was bottoming, more specifically, as Ethereum hit bottom. He was using total market cap of USDT + USDC divided by total crypto market cap. I've revised this to add the next two largest stable coins, DAI and BUSD, by marketcap. Log scale, draw parallel lines and see how it lines up with Bitcoin and Ethereum cycle highs. It now shows more effectively tops and bottoms intracycle, meaning the summer 2021 selloff now touches the top line, which it did not do previously. The pump prior to the COVID low that coincided with bitcoin halving also gets much closer to the top line, providing a solid indication of another trade opportunity for the following months. Now, what is interesting is when you plot Ethereum vs. this chart. You do start to notice some differences. Where Bitcoin tops in April 2021, Ethereum rocketed to wild new highs in May while BTC set a lower high, then the entire space sells off together. They both bottom the same time in the summer, then the next top in November also happens at virtually the same time. So, "alt coin season" seemed to only apply to the April-May '21 timeframe, where after that they moved much more in tandem. The bottom indicator in the 2022 selloff pinned the Ethereum bottom (it actually goes outside of the top parallel in this setup), but Bitcoin took longer to find bottom. But, unlike the original USDT+USDC/TOTAL chart, we still get a touch on the top line as Bitcoin does its first test below $16,000 in November. The ultimate bottom was only minimally lower in December, at which point the indicator had moved off the upper line, pointing to a bullish divergence despite the ultimate bottom price of the cycle. Right now, we just set the BTC high coming off the 2022 lows, but Ethereum did not retest its highs at the same time. It set a lower high, which I take as yet one more indication that this is not the most bullish upwards move for the crypto space, combine that with the indicator crossing over that bottom line indicating a market top again, this makes me feel like this is not the place to buy Bitcoin or Eth. I'll wait for the next large dip, likely towards the end of this year, before finding another spot to go long for the big bull run setting up for the post halving bull run, 2024-2025. Here is a chart of the indicator by itself without the double pane with BTC or ETH: The 'formula' can be copied and pasted as follows: (CRYPTOCAP:USDT+CRYPTOCAP:USDC+CRYPTOCAP:DAI+GLASSNODE:BUSD_MARKETCAP)/CRYPTOCAP:TOTAL Then draw a parallel hitting the approximate tops and bottoms, using the logarithmic scale, though I'm more than happy letting the kind of extreme Ethereum '22 bottom be anomalously outside of the top parallel here in order to keep other indications of market bottoms more obvious.
BITSTAMP:BTCUSD
by dieseldub
3
BITCOIN Consolidation above the Gaussian starts parabolic rally.Bitcoin (BTCUSD) is establishing a consolidating position above the Gaussian Channel on the 1W time-frame for the 4th straight week. On all of previous Cycles, such break and consolidation above the Gaussian was the start of a parabolic rally. As far as targets are concerned, on the first 2 Cycles, the rally reached at least the 3.0 Fibonacci extension level measuring from the previous Cycle High and the Gaussian break-out level. The last Cycle (no3) reached (and exceeded) the 2.0 Fibonacci extension. Taking this 2.0 Fib 'worst' case scenario, we should be expecting this new rally to reach at least the $160000 mark. Would you agree? Is your expected top higher or lower than 160k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
2
Bitcoin approaches next resistance level as price drive upAs you may already know, Bitcoin has been on a steady upward trend in recent weeks, and it looks like the next major resistance is near the $27,500 level. This is a significant milestone for Bitcoin, and a close above this resistance might spark bullish moves in the near term. Furthermore, Bitcoin has already broken through the Fibonacci .23 level, which is a positive sign for investors. This means that the next major resistance at $27,500 is within reach, and it could be a great opportunity for you to add to your positions. I encourage you to take advantage of this opportunity and consider adding to your Bitcoin positions. With the market looking bullish and the next major resistance within reach, now is the time to act. Thank you for your time, and I wish you all the best in your Bitcoin investments.
BITSTAMP:BTCUSDLong
by bryandowningqln