BITCOIN BEARISH FLAG BREAKOUT Bitcoin on H1 timeframe shows a strong potential signal sell due to formation of bearish flag breakout,This potentially attracts more sellers in the next trading days
Entry:94000.3
Target 1: 90784.1
Target 2: 86564.6
Target 3: 79813.2
Please like and comment on this idea to enable us share more quality analysis with you
Thanks, Wireforex
BTCUSDT
"FTM eyes a rebound with Sonic conversion and airdrop catalysts! Fantom (FTM) shows a recent downtrend, but the upcoming Sonic (S) conversion and the associated incentives like the free swaps and airdrop could catalyze significant price action. Here’s a detailed analysis:
Current Technical Overview:
1. Price Action:
- The price is currently trading at $0.74250, down significantly from its recent highs, but it appears to be nearing a support level.
- Historically, these levels may attract buyers looking for value or anticipating upcoming events.
2. Moving Averages:
- The yellow line represents the 50-day moving average (MA), while the red line is the 200-day MA.
- The price is below both MAs, suggesting bearish momentum in the short term. However, a catalyst like the Sonic conversion could reverse this trend if it sparks significant buying activity.
3. RSI (Relative Strength Index):
- The RSI is near 38.93, which is close to the oversold region (below 30).
- This indicates potential for a rebound, especially with the upcoming news providing a fundamental driver.
4. Volume:
- There is moderate volume, but it hasn't yet shown the surge that might accompany the January 19 event. If trading activity picks up in anticipation, this could signal increased interest.
Impact of Upcoming Events:
1. Sonic (S) Conversion:
- The free swaps for the first 90 days provide a strong incentive for current holders to stay invested and for new investors to join.
- This could reduce selling pressure on FTM while potentially driving demand.
2. Airdrop*:
- A points-based airdrop with 6% of the supply set aside can encourage accumulation of FTM to qualify, likely increasing buying pressure over the coming months.
3. Psychological and Market Sentiment:
- Such large-scale events often generate positive sentiment and FOMO (Fear of Missing Out), potentially pushing the price upwards as we approach the event.
Strategy and Outlook:
1.Short-Term:
- As the January 19 date approaches, there is a strong possibility of a price rebound if volume picks up and sentiment turns bullish.
- Traders may look for entries near the current support level with tight stop-losses in case of further downside.
2. Mid-Term:
- The incentives from the free swaps and airdrop could sustain higher interest in FTM through Q1 2025.
- Monitor for a breakout above the 50-day MA as a confirmation of trend reversal.
3. Risks:
- If the broader market remains bearish or if the events fail to meet expectations, the price could consolidate or continue its downtrend.
- Keep an eye on the volume and RSI for early signals of a move.
Key Levels to Watch:
- Support: $0.70 (current zone) and $0.60 (major support).
- Resistance: $0.95 (50-day MA) and $1.20 (recent high).
With the January 19 event on the horizon, this could be a pivotal moment for Fantom's price action. It's a good opportunity to prepare for potential volatility and capitalize on positive momentum.
Dent/UsdtBINANCE:DENTUSDT
So, right now **Dent (DENT)** is sitting at a price of **0.01362** 💰. If the price **holds steady** at this level, it suggests that **buyers** are still in control and there's potential for the price to keep rising. If this momentum continues, **Dent** might face some resistance at **0.001503**, **0.001754**, and **0.001875** 🚫. These are key levels where the price could slow down or struggle to break through. At these points, some traders might choose to sell, which could cause the price to temporarily pull back. So, it's important to watch those levels closely to see if Dent can push past them.
But here's the flip side: if the price **fails to hold** at **0.01362** and starts to drop below, it could hit a **support level** at **0.001223** 🔑. This is where the price could **stabilize** for a bit, as some buyers may step in and try to **prevent further decline**. If it doesn’t hold at 0.001223, however, things could get more **volatile**, and the price might continue to fall until it finds another point of support.
This is where the market can get **tricky**, because **sentiment** (what traders are feeling) can shift quickly. You’ll need to keep an eye on the **market trends**, **news**, and **volume** (how much the coin is being traded), as these can give you hints on whether the price is likely to **break through resistance** or **bounce off support**.
---
### Bottom Line:
- **Dent’s price** is currently at **0.01362**.
- If it holds, it may face **resistance** at 0.001503, 0.001754, and 0.001875.
- If it drops, **support** at **0.001223** could be the next level to watch.
Just remember, this isn’t **financial advice**—it’s more about keeping an eye on the **overall trends** and **market behavior**. Always do your own research, and stay informed! 📚💡
Why did we talk about the Shooting Star candlestick?Because Bitcoin on the monthly timeframe is showing signs of potentially forming such a candlestick, which we have highlighted on the chart. Currently, we don’t have a specific scenario for it, but we just wanted to share our observations with you.
Bitcoin SellThis coin has been bearish for the past few days, before retracting 50% of the current range.
Currently, it is on the 50% mark, filled the IFVG before strongly rejecting it and acted as a bearish order block.
I do anticipate that the price might be drawn to the sell side liquidity at 91000.
Entry at 95500, Sl at 96700 and target at 91000
Next Volatility Period: Around January 10
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(USDT 1D chart)
USDT is maintaining a gap downtrend.
The gap downtrend is a sign that funds have flowed out of the coin market.
(USDC 1D chart)
I think that the price defense is being done in the short term because USDC is maintaining a gap uptrend.
If USDT continues to maintain a gap downtrend and USDC moves sideways or gaps down, the coin market may fall significantly, so be careful when trading.
-----------------------------------------
(BTCUSDT 1D chart)
USDT is showing an upward trend while maintaining a gap downtrend.
It is likely that this is the last upward movement before the downtrend, so you should think about how to respond to the downtrend.
In order to turn into a short-term uptrend over time, it needs to be supported in the 95863.11-97461.86 range or higher.
If not, it will eventually fall.
-
USDT is one of the important stablecoins that support the coin market.
Since USDT is a stablecoin used worldwide, it is a fund that has a big impact on the coin market.
-
93576.0, 94742.35 are important support and resistance points.
Therefore, if the price can be maintained around 93576.0-94742.35, the coin market is expected to show a large increase when USDT shows a gap increase.
If it falls below the 92792.05 point and shows resistance,
1st: 87.8K ~ 89K
2nd: M-Signal on the 1W chart
You should check for support near the 1st and 2nd above.
-
Even if it rises above the 93576.0-94742.35 section and shows support, it must rise above the 101947.24-106133.74 section, which is the high point boundary section, to continue the upward trend.
If not, it will fall again, and at this time, the 93576.0-94742.35 section will play an important role as support and resistance.
-
As I mentioned earlier, the key is whether it can develop into a movement to form a bottom section.
To do that, it needs to meet the HA-Low indicator.
Since the next volatility period is expected to be around January 10 (January 9-11), we need to see if the HA-Low indicator is generated after the volatility period.
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire section of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
-----------------
SANDUSDT Trade LogSAND is showing strong potential for growth with recent market activity. This could be an excellent opportunity to buy and hold for the mid-to-long term. The metaverse and gaming narratives are gaining traction again, and SAND could be a key player.
Recommendation: Accumulate and hold. Watch for further confirmation of bullish momentum.
BITCOIN What will happen in the short term ?According to my calculations, the price will reach 94450 in the short term.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC QUICK UPDATE: Falling Wedge Breakout in Sight?🚀 Hey everyone! 👋
If this analysis excites you, hit that 👍 and follow for more high-value trade setups that deliver results! 💹
🎉 Happy New Year, Everyone! 🎉
Wishing you all a prosperous start to 2025! Let’s hope this is the year of the real Altseason where we all make life-changing gains. 🚀💰
BTC is forming a falling wedge pattern on the 4-hour timeframe—a classic bullish setup. It’s currently attempting a breakout, and once we see a confirmed 4-hour close above this wedge, we could witness a solid 8-10% rally, potentially pushing BTC above the $100K mark!
🔍 Key Levels to Watch:
Entry Range: GETTEX:92K –$94K
Targets: $100K–$104K (Short-term rally).
Invalidation: 4-hour close below $91K will nullify the setup.
📈 Why This Matters:
The falling wedge is one of the most reliable bullish continuation patterns. With BTC holding above critical support and momentum building, this could be the perfect setup to kickstart 2025 with strong gains!
💬 What’s Your Take?
Are you seeing the same breakout potential? Let us know your thoughts, analysis, or predictions in the comments below. Let’s crush it together this year and ride the wave of profits! 🌊🔥
BUY ALPHAUSDT - BULLISH SIGNAL, HIGH REWARD 100%+ GAINOverview:
We are excited to share a high-probability trading signal for BINANCE:ALPHAUSDT ALPHA/USDT , backed by strong technical indicators and market analysis.
Chart Analysis:
The chart for ALPHA/USDT indicates a compelling opportunity with a probability of success estimated at up to 80%. Technical indicators align with a positive trend, providing a solid foundation for potential price appreciation.
Reasons to Consider:
Bullish Momentum: ALPHA/USDT is exhibiting clear signs of bullish momentum, with key indicators pointing towards a sustained upward movement.
Historical Support: Historical price action shows a strong support level at , reinforcing the likelihood of a positive price trend.
Market Sentiment: Current market sentiment supports the potential for a significant price increase, with an estimated 80% probability of success.
Stop-Loss: To manage risk, consider placing a stop-loss at .
Disclaimer:
While the probability of success is estimated at 80%, trading always involves risk. Conduct thorough research and consider market conditions before making any investment decisions. This analysis is based on technical indicators and historical data, and market dynamics may change. Implement proper risk management strategies to safeguard your capital.
Conclusion:
The ALPHA/USDT signal presents a high-probability opportunity for traders, with strong technical support and positive market sentiment. Stay vigilant, monitor price movements, and adapt your strategy as needed. Happy trading!
Adjust the details and levels based on your specific analysis and market conditions. Always keep your trading signals updated as new information becomes available.
Upcoming manipulation on month/quarter openingOn the chart we can see beautiful mid-term liquidity formed on the recent distribution phase after December ATH. To proceed upward movement it has to be taken. Beginning of the month and quarter is a perfect time, especially considering big inauguration event on 20th of January.
BTCUSDT - 1D - IMPORTANT LEVELSBTCUSDT - 1D - IMPORTANT LEVELS
TRADEX BOT NEWS:
HAPPY 2025 everyone! May your trading strategies be fruitful!
During these dates we have made significant changes to the way the bot operates that allows scalability so that it can be used by everyone.
We will soon have the first version of TradeX BoT, which will function as a second layer Order Book in CEX markets, hiding our greed (TP) and fears (SL) from exchanges.
More news to come soon!
Thank you!
_______________________________________________________
BTCUSDT - 1D - IMPORTANT LEVELS
LEVELS:
TP: 120K
SL1: 90700
SL DYNAMIC: 86K
LONG SUPPORT: 72K - 77K
The signals indicate a strong bearish trend in BTC on the 1D time frame. At the moment, we are in an area of uncertainty where anything can happen: The RSI still has room to fall, BTC has been overbought for a long time...
However, we must not overlook the support zones where BTC can bounce in the way it has accustomed us to.
The important thing to be successful in trading is to be faithful to our strategy. To be clear about where we are, where we want to go and when it is best to be out in liquidity.
__________________________________________________
Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or another, taking the necessary deposits from your portfolio.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances… It allows you to easily establish SL (%), TP (%), SL Trailing… multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
Dreams that we measure with logic 2025; USDT.D BTCUSDT BTC.D Logic says; Coordinates to avoid wandering anxiety; Knowledge, experience and analysis.
Feeling says; Whatever logic says...
USDT.D
D-W; Bearish Flg - Inverted Cup and Handle ( The downward movement is confirmed in my
opinion)
BTCUSDT
D-W; Bullish Flag (The upward movement is confirmed in my opinion)
BTC.D
Bitcoin Dominance has just pulled back to its bearish flag trendline, and will fall.
Altcoins will kiss the moon and pass it.
BTC/USD Prediction for 01/01/2025 – Volume Profile Analysis
Based on Volue Profile Analysis, I expect Bitcoin to find strong support in the $92,383–$93,000 region, where significant trading volume has accumulated. A bounce from this zone could push BTC toward the next resistance range at $95,000–$96,000.
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 Analysis: Key Support Levels and Market Trends 25.01.01Hello, this is Greedy All-Day.
Today’s analysis focuses on Bitcoin (BTC).
Daily Chart Analysis
On the daily chart, Bitcoin is showing signs of rejection near the 99485 resistance level. The price has now moved back between the 20 EMA and 60 EMA, indicating a consolidation phase.
The red box supply zone remains a critical level.
If this zone fails to hold as support, the price could retest the lower support range of 70000–68000.
Weekly Chart Analysis
On the weekly chart, 89372 is the last line of defense for Bitcoin.
Key scenarios:
A breakdown below 89372 could lead to a correction down to the 82353 level, aligning with the weekly 20 EMA.
If selling pressure intensifies, the price could drop further to the major support zone at 73835.
Market Structure and Historical Context
Historically, Bitcoin has followed a pattern of one-way rallies to new highs, followed by extended corrections and sharp drops before resuming its upward trajectory.
However, since 2023, the pattern has shifted to a box-like, stair-step upward trend.
This reflects increasing liquidity in the market and the emergence of new cryptocurrencies, which has led to capital distribution across a broader range of assets.
Key Insight:
Significant corrections typically occur only when the weekly chart closes below the 60 EMA and subsequently faces resistance. Until then, the market may continue a long-term consolidation phase.
Conclusion
For margin traders, this zone offers limited buying opportunities.
Bullish Perspective:
There is no clear buy signal at this time.
Bearish Perspective:
The trend remains uncertain, but a failure to hold the 89372 support level could trigger significant selling pressure.
The daily chart is currently consolidating between the 20 EMA and 60 EMA.
While it’s unclear whether the next move will result in a golden cross or a death cross, a clear breakout in either direction is likely to drive substantial momentum.
Although this update doesn’t bring major changes to the previous week’s analysis, I’ll revisit Bitcoin as new developments emerge.
Let’s stay patient and trade wisely. 🚀
Connection Between Bitcoin and Holiday Market trendHello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin , 📚🎇
In recent years, brief declines in the cryptocurrency market, especially around the holiday season or year-end, have become a common trend. This behavior is a natural part of market cycles and doesn’t diminish the overall strength of the ongoing bull market. 📚✨
From a technical perspective, small pullbacks, often shown as red candlesticks, play a crucial role in sustaining healthy market momentum and supporting future growth. These corrections help with market consolidation, avoiding excessive overextension. 📚✨
If the market only experiences a continuous rise with no pullbacks, it could signal an unsustainable rally, which might result in a sharper decline later. Therefore, these temporary down periods are vital for the long-term stability and profitability of the market. 📚🎇
🧨 Our team's main opinion is: 🧨
Short-term declines in the cryptocurrency market, especially during the holiday season, are normal and necessary for maintaining long-term stability and growth. 🎇
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Ai & OnChain Opportunities | Crypto insights for 2025How Base, Ai & Pump Fun Will Shape the Crypto Market in 2025
2024: A Milestone Year for On-Chain Growth
The year 2024 may prove pivotal for onchain development, potentially rivaling the "DeFi Summer." Narrative driven investment opportunities are expected to proliferate, fueled by the widespread adoption of the “everything can be a Meme” concept and the rapid asset issuance popularized by Pump Fun. Meme projects can now launch without requiring top tier centralized exchange (CEX) listings, with market caps in the onchain space reaching approximately $1 billion. This presents significant profit opportunities for ordinary users, with toptier CEXs serving as the final stage for cashing out on-chain investments.
Challenges for Established Assets
Rising tensions between VCCoin and its community have led to underperformance for new assets listed on major CEXs, while older projects struggle to stay relevant. Many such projects lack motivation or fail to adapt to market changes, often adopting a passive strategy while awaiting unlock periods.
Key Predictions for 2025
1. DEX/CEX Monthly Volume Ratio to Exceed 20%
In December 2024, decentralized exchange (DEX) trading volumes hit a record $320 billion, marking over 200% year-over-year growth. The DEX/CEX ratio rose from 9.6% in December 2023 to 11.7%, peaking at 13.9% during the year. Continued improvements in Web3 wallets and on-chain tools, spearheaded by CEXs, along with the growing appeal of the Meme sector, are expected to accelerate user migration from CEXs to DEXs.
2. AI Agents/AI Meme Market Cap to Eclipse NFTs
AI Agents integrated with tokenization have emerged as the fastest-growing narrative, with the total market cap for related tokens reaching $12 billion. Frameworks like ai16z’s Eliza and Virtuals Protocol’s Game Framework have gained dominance, enabling rapid deployment of AI Agent tokens. Virtuals Protocol’s VIRTUAL token leads the sector with a $3.5 billion market cap, bolstered by a robust ecosystem of subtokens.
3. Emergence of Vertical Launch Platforms
The success of Pump Fun on Solana, a low-cost launchpad for issuing Memecoins, has inspired similar platforms across other networks. Specialized vertical platforms like vvaifu (AI Agents) and Pump Science (DeSci) are gaining traction. The expansion of the “everything can be a Meme” narrative is expected to drive demand for more niche launchpads.
4. Base Ecosystem Tokens to Debut on Binance
The Base network, an Ethereum Layer 2 developed under Coinbase, is predicted to have at least five native tokens listed on Binance’s spot market. With a concentrated ecosystem led by Virtuals and Farcaster, Base is positioned as a key contender for listings. Integration with Coinbase Wallet and the potential for favorable U.S. policies could enhance its competitive edge.
5. Hyperliquid’s Spot Market to Drive Wealth Effects
Hyperliquid, leveraging its HYPE token airdrops and novel asset standards (HIP1 and HIP2), is positioned to create exclusive wealth-generation opportunities. Projects like Solv Protocol and Azuki Anime have utilized its spot listing auctions, attracting significant interest. HYPE’s value, while substantial, will benefit from increased trading volume and partnerships with exclusive projects.
These projections reflect growing innovation in onchain development, with decentralized finance, AI tokenization, and specialized launchpads driving the next phase of market evolution.
BTC to 124k - Quick ThoughtsBitcoin is currently in a consolidation phase and is simply waiting to expand further toward 124k.
Ideally, we’d like to see the price take out the key low first and then head toward 124k.
If the price ignores the key low and goes straight to 124k, we can be pretty sure it will retrace at that level and then look to take out the key level afterward.
Whether the bottom section will be formed is the key
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
Happy New Year.
-------------------------------------
(USDT 1D chart)
USDT appears to have turned into a gap downtrend.
If it does not rise quickly, the coin market is expected to show a sharp decline.
(USDC 1D chart)
Fortunately, USDC is maintaining a gap uptrend, so there seems to be a possibility of price defense to some extent.
However, since USDC has a lower influence on the coin market than USDT, if USDT maintains a gap downtrend, the coin market is expected to eventually show a decline.
What we need to do is check the stop loss point of the coin (token) we currently hold rather than increasing new transactions and think about how much we should cut loss.
(BTCUSDT 1D chart)
The point to watch is whether the movement of BTC is as updated last time.
If the HA-Low indicator is created, it means that the current wave is finished and a new wave is starting, so whether there is support is an important key.
There is a possibility that the HA-Low indicator will fall after being created and show a stepwise downtrend, but the fact that the HA-Low indicator was created means that it is ultimately forming a bottom section, so it is a time to buy.
-
Thank you for reading to the end.
I hope you have a successful transaction.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire section of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
-----------------
BTC: LAST DAY OF THE MONTH AND YEARBullish Scenario:
If 90K holds as a major monthly support, we may not see a retest of that level. In this case, the price is likely to climb toward 107K, breaking the 2024 all-time high (ATH).
Bearish Scenario:
If 90K fails as major monthly support, it could lead to a significant drop. Potential targets include 87K, 80K, 75K, and even 70K.
Market Sentiment:
The battle between bulls and bears is intense. Many bulls have turned bearish after selling, contributing to downward pressure. Bears are aiming for a red year in 2025 to capitalize on the downside.
My Analysis:
Since BTC's monthly candle maintained the upper half of the November mother candle, it signals that bears lack the strength to take control. Bulls still dominate the upper half of the range, which reinforces my view that the 90K support level is unlikely to break bearish.
Altcoins have faced significant challenges this year, experiencing substantial losses. However, I firmly believe that 2025 will be the year of altcoins, with many expected to embark on strong, sustained rallies that will see impressive follow-through.
Bitcoin is Ready to Fall by Flag Pattern!!!Bitcoin ( BINANCE:BTCUSDT ) managed to break the 50_SMA(Daily) in the past days, and this could be a sign for a further fall of Bitcoin .
Bitcoin is currently moving in a Heavy Support zone($95,000-$90,870) and is breaking the Support lines .
In terms of Classic Technical Analysis , the Bearish Flag Pattern can cause Bitcoin to fall further.
I expect Bitcoin to drop towards $91,000 minimum after breaking the Support line and a possible pullback, and if the Heavy Support zone($95,000-$90,870) is broken, we should expect more dumps .
⚠️Note: If Bitcoin breaks the Resistance lines, we can hope for a further increase in Bitcoin.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.