Bitcoin - Sell in March and Go Away?Let me begin with a caveat: a sample size of five is hardly enough to be statistically accurate. Regardless, this cycle analysis aligns with my Gann analysis and the Primary EW count.
My thesis is that Bitcoin will make a long-term top by March or April 2025, followed by a severe downtrend.
Supporting Evidence:
Cycle crests. Since 2021, Bitcoin has made significant tops in March, followed by a 12W or more downtrend.
Primary EW Count:
According to the primary EW count, beginning in November 2021, Bitcoin is in the final stage of completing primary wave 5. This estimate relates to the price axis. It is common practice to estimate the time of a fifth wave as the 1.272 extension of the fourth wave. According to this measure, the fifth wave could be completed as early as February 2025.
Gann Analysis:
Throughout the current uptrend, Bitcoin’s price traded almost exclusively within the bounds of the 2/1 Gann angle support and the 1/1 Gan angle resistance.
Even if completing the primary fifth wave leads to a substantial correction of more than 40%, as long as Bitcoin holds the 2/1 support, it is enough to support continuation in an overshooting wave B to the final blow-off top in October/November 2025, in line with the 4Y cycle.
Best wishes
BTCUSDT
BTC Gaining StrengthOn the 4hr timeframe BTC shows increasing momentum with price making higher lows, and RSI making higher lows - both an indication of gaining momentum.
On the daily timeframe BTC shows hidden bullish divergence as price is making higher lows, while RSI shows lower lows.
Both timeframes point towards an indication that we could be at bottom already.
Get ready for a new year rally!
bitcoin dips below 60kbitcoin dips below 60k, but we're unfazed.
i see this playing out as we move into the depths of winter,,,
this crypto winter ❄️
why would this happen, you ask?
the answer is simple: a stop-loss raid.
a sharp wave 4 designed to shake out weak hands.
distribution may have already started, hypothetically speaking, but it'll take the rest of the year to unfold.
think of it like the jan 2021 -> april 2021 vibe, only on a slightly higher degree and timeframe.
---
take note of the highlighted wave 2's and wave 4's on my chart.
what i'm illustrating is "the law of alternation," which states:
if wave 2 is flat, wave 4 will be sharp, and vice versa.
all the wave 2's in this cycle have been flats,
so by design, all of our wave 4's are set to be sharps.
this fits neatly into the larger cycle:
sharp retracements triggered by over-leveraged positions,
yet consistently bought up thanks to strong demand.
with each sharp retracement, however, the upward moves become smaller,
as momentum gradually fades.
---
w4 target: below 60k
w5 target: between 150k-200k (conservatively).
---
ps. i have recently shared a much more bullish idea via:
Bitcoin (BTC/USDT) Scalping Sell Signal📉 Bitcoin (BTC/USDT) Scalping Sell Signal
✅ Suggestion: I anticipate a downward move for Bitcoin, aligning with the arrow drawn in the analysis.
🎯 Scalping Opportunity: A short-term sell position can be considered to capitalize on this expected drop. 🚨
💬 For managing this signal and exploring more setups:
1️⃣ Follow my TradingView page 📊
2️⃣ Send me a private message for detailed guidance.
💎 Let’s trade wisely and seize the market’s potential! 💰
BTC - All long-term Bitcoin targets!INDEX:BTCUSD All long-term Bitcoin targets are shown.
In my opinion, the most important support ahead will be the $78,000-$80,000 range, as it meets two curves at the same time.
If the $78,000 support level is broken, the probability of a long-term price correction increases. That is, the price can correct to the $50,000 or $30,000 supports.
But in the short term, the current price stop loss can be $92,900.
If it breaks, it can reach the $88,000 range, then an upward correction, and then a correction to the $78,000-$80,000 range.
If the price rises above the current level, after breaking the $106,600 price level, the upward trend will continue.
The ultimate long-term Bitcoin price target can be around $2 million.
Support me by following, boosting, and commenting.
Exploring the Connection Between Bitcoin and Holiday MarketHello 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, it has become a common pattern to see brief downward corrections in the cryptocurrency market, particularly during the holiday season or year-end period. This behavior is a normal part of market cycles and does not undermine the overall validity of the ongoing bull market. 📚✨
From a technical standpoint, minor pullbacks, often reflected in red candlesticks, are essential for maintaining healthy market momentum and facilitating further growth. These corrections allow for market consolidation, preventing overextension. 📚✨
Exclusively observing an uninterrupted string of green candles could indicate an unsustainable rally, potentially leading to a more severe correction down the line. Consequently, these brief periods of downside are necessary for long-term market stability and profitability. 📚🎇
🧨 O ur team's main opinion is: 🧨
Recent market behavior shows that short-term downward corrections, especially during the holiday season, are common and part of a healthy cycle in the ongoing bull market. These brief pullbacks are necessary for maintaining momentum and preventing an unsustainable rally. 🎇
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. 🐋
HelenP. I Bitcoin will fall to support zone and then start riseHi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price reached the resistance level, which coincided with the resistance zone and broke it. Then price made a retest and some time traded inside the resistance zone, after which it rebounded and started to grow to the trend line. When BTC grew to the trend line, it turned around and made impulse down to the 101000 resistance level, broke it, but later it tried to grow and failed. After this, the price continued to decline and fell until below the support level, which coincided with the support zone. Later BTC rebounded up to 99250 points and then started to decline. In a short time, the price fell to 92700 points, breaking the support level and soon turned around and made impulse up to the trend line, breaking the support level one more time. After this, BTC some time traded near the trend line and later broke this line too, and rose a little higher. But a not long time ago, the price dropped to the support level, breaking the trend line one more time, and now trades close to this level. So, I expect that BTCUSDT will fall to the support zone, after which it can start to grow to the trend line. When it reaches this line, the price can break it and continue to move up next. That's why I set my goal at 98K points. If you like my analytics you may support me with your like/comment ❤️
BITCOIN - Time to be Bearish!The 3-day chart shows a bearish divergence on the RSI indicator.
-A bearish divergence occurs when:
1. Price Action: The asset's price forms higher highs (uptrend).
2. RSI Indicator: The RSI forms lower highs instead of following the price
This divergence suggests that the upward momentum is weakening, even though the price is climbing, which could lead to a potential downtrend or correction.
Based on this a drop to the 80k region is expected, which aligns with the 0.618 Fibonacci level.
This decline perfectly corresponds to the fourth wave of the Elliott Impulse Wave.
Afterward, a significant recovery is expected, representing Bitcoin's final bullish wave in the Elliott Wave cycle (the fifth wave)
My outlook for the chart suggests a decline starting now and lasting until mid-February at most
Best regards Ceciliones🎯
BITCOIN - Price can make move up and then fall to support areaHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A few days ago price entered to wedge and bounced from the support line to the support level, which coincided with the support area.
Price broke $92600 level and rose to the resistance line of the wedge, but then it made a correction to the support level.
After this, price in a short time rose to the resistance line of the wedge and then made small correction and continued to grow.
Later BTC rose to the resistance line one more time and then made a downward impulse to support level, exiting from wedge,
Next, price some time traded near this level and then started to grow, so, I think that it can make move up to $99500
Then BTC can turn around and decline to $90200 support area.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Strong Alt Coins Season on the Horizon!
The total altcoin market cap has reached its previous all-time high (ATH) level of $1.15 trillion and faced rejection at the resistance level. Currently, the price is consolidating below the resistance line. A breakout above this level could generate bullish sentiment, potentially leading to a strong altcoin season following the $1.15 trillion resistance breakout.
Bitcoin/USDT AnalysisCurrent Price: The chart shows Bitcoin trading at approximately $95,660, with recent downward momentum (-2.11%).
Support Zone: Around $91,800 - $93,500 (gray highlighted region), providing a strong base where price could potentially reverse or consolidate.
Resistance Levels:
$98,200 - $99,000: The first resistance level to watch if the price bounces upward.
$101,000 - $102,000: A secondary resistance zone.
$104,000 - $105,000: A higher resistance zone that aligns with previous peaks.
Potential Scenarios:
Bullish Scenario: If Bitcoin holds above the support zone ($91,800 - $93,500), a rebound toward $98,200 and potentially $101,000 is likely. A breakout above $101,000 could pave the way to test the $104,000 - $105,000 range.
Bearish Scenario: A breakdown below $91,800 might signal further declines toward $90,000 or lower levels.
Trend Analysis: The short-term trend appears bearish; however, the support zone may serve as a strong reversal point for a potential upward move.
BTCUSDT. Daily and 4 hour TF analysisHey traders and investors!
Daily Timeframe Analysis
The price of Bitcoin is in a range on the daily timeframe. The lower boundary is 90,500, and the upper boundary is 108,353 (more details in previous reviews).
The seller's vector 3-4 stopped at the level of 92,232.54. The key bar in the seller's vector (the bar with the highest volume) is the bar from December 19. At the beginning of the seller's vector, a seller's zone was formed with a lower boundary of 103,333 (red rectangle on the chart), and this zone has not yet been tested by the buyer on the daily timeframe. This means there is a high probability of the seller resuming from this zone.
The buyer's vector 4-5 started to develop on December 20, and on December 21, the seller resumed from the key bar of the seller's vector, forming the test level of the key bar of the seller's vector at 99,540.61. Then, the price interacted with the test level, and yesterday, December 26, the seller resumed again. The potential target for the seller could be 92,232.54.
4H Timeframe Analysis
On the 4-hour timeframe, the price is also in a range with similar boundaries to the daily timeframe: the lower boundary is 90,500, and the upper boundary is 108,353.
The seller's vector 13-14 reached the required target, and the buyer's vector 14-15 began to develop with a potential target of 102,800.11.
Summary:
On the weekly timeframe (see previous reviews), there is a long trend. The priority is buying.
On the daily and 4-hour timeframes, there are ranges. It is a priority to look for buys at the bottom of the range and sells at the top.
It is interesting to look for buying opportunities (buy patterns) after the price interacts with 92,232 or 90,500. The potential target is 102,800 (103,333).
I wish you profitable trades.
Bitcoin (BTC/USDT) Analysis. BTC appears to be trading within an ascending channel. The chart shows a bullish medium-term structure.
The price is currently testing the lower trendline support within the channel.
A crucial support area is marked between $94,000 – $92,000 (green area). This is a crucial level for a bounce.
Any break below this support could invalidate the channel and lead to further upward pressure.
Resistance lies around $100,000 – $102,000 (orange area), which has been tested multiple times.
A breakout above this level could spark a bullish push towards the upper trendline of the channel or new highs.
For updates on other coins or personalized insights, feel free to reach out via DM.
@Peter_CSAdmin
Bitcoin Analysis==>>Bears' Turn for Selling Pressure!!!As I expected , Bitcoin ( BINANCE:BTCUSDT ) rose to the Resistance zone($100,000-$98,130) , the lower line of the ascending channel and 100_EMA(4H TF) .
According to Elliott's wave theory , Bitcoin is completing wave 4 . The structure of wave 4 is Double Three Correction(WXY) .
Also, the Volume of candles that brought Bitcoin up to the Resistance zone($100,000-$98,130) is not significant for me.
I expect Bitcoin to at least fall to the Support zone($95,890-$95,540) . And if the support zone breaks, we can expect another attack on the Support zone($95,000-$90,870) and 50_SMA(Daily) and fill the CME Gap($94,435-$93,935) .
⚠️Note: If Bitcoin goes above $100,000, we should expect more PUMPS.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour 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.
HolderStat | BTC pullback from resistance📉 BTC price fell by 2.6% overnight to $95,840, confirming expectations of a pullback from the key resistance level. At the same time, trading volumes grew by 14%.
📊 Funding rates remain low and open interest in futures rose 0.9% overnight - signs that players are preparing for the next move. Notably, one tracked wallet made a selloff at $98,031, which could indicate profit taking by a major player.
💡 The market is showing signs of localized weakness, but the dynamics of volumes and open interest hint at a possible accumulation of positions. Watch for further support levels and activity of large purses for entry points.
_____________________
📊 Want more useful analytics? Like and subscribe to stay up to date with the most relevant trading ideas!
Always DYOR! 🔬
BTC Bitcoin Among My Top 10 Picks for 2025 | Price TargetIf you haven`t bought BTC Bitcoin before the recent breakout:
My price target for BTC in 2025 is $125K, driven by the following fundamental factors:
Regulatory Developments Favoring Adoption:
The anticipated regulatory shifts in the United States are expected to create a more favorable environment for cryptocurrencies. With the potential for pro-crypto policies under a new administration, including the establishment of Bitcoin as a strategic reserve asset by major nations, investor confidence is likely to increase significantly. Analysts suggest that such developments could drive the total cryptocurrency market capitalization from approximately $3.3 trillion to around $8 trillion by 2025, with Bitcoin poised to capture a substantial share of this growth.
Increased Institutional Demand through ETFs:
The launch of Bitcoin exchange-traded funds (ETFs) has already begun to transform the investment landscape for Bitcoin, making it more accessible to institutional and retail investors alike. Following the successful introduction of multiple Bitcoin ETFs in 2024, analysts project that inflows could exceed $15 billion in 2025, further boosting demand for Bitcoin. This increased accessibility is expected to drive prices higher as more investors seek exposure to the asset class.
Supply Constraints from Halving Events:
Bitcoin's supply dynamics are fundamentally bullish due to its halving events, which occur approximately every four years and reduce the rate at which new Bitcoins are created. The most recent halving in April 2024 has led to a significant reduction in supply inflation, creating scarcity that historically correlates with price increases. As demand continues to rise while supply becomes more constrained, this fundamental imbalance is likely to support higher prices.
Growing Adoption as a Store of Value"
As macroeconomic conditions evolve, including persistent inflationary pressures and potential monetary policy easing, Bitcoin is increasingly viewed as a viable store of value akin to gold. This perception is bolstered by its finite supply and decentralized nature, making it an attractive hedge against inflation. Analysts suggest that as more investors turn to Bitcoin for wealth preservation, its price could see substantial appreciation
Bitcoin[BTC] - Do you see a similarity ?#BTC/USD #Analysis
Description
---------------------------------------------------------------
+ Dec 2024 Bitcoin chart looks exactly like the pattern of the Dec-2023
+ In Dec-2023 we saw similar channel formation and price broke down from the support line briefly and then bounce back in January.
+ The same pattern we are seeing now, channel formation completed and price broke down from the support line of the channel.
+ I'm expecting price to decline further upto 85k zone and bounce back from there.
+ A bounce back from this zone will push the bitcoin price parabolic.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ZRX ANALYSIS📊 #ZRX Analysis
✅There is a formation of Falling Wedge Pattern on daily chart and currently trading around its major support zone🧐
Pattern signals potential bullish movement incoming after a breakout
👀Current Price: $0.4695
🚀 Target Price: $0.5920
⚡️What to do ?
👀Keep an eye on #ZRX price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ZRX #Cryptocurrency #TechnicalAnalysis #DYOR
Bitcoin - Playing around weak support#BTC/USDT #Analysis
Description
---------------------------------------------------------------
+ Currently bitcoin is trading around its support zone of 95K and this is weak support which held and broke multiple times.
+ Strong resistance for bitcoin is around 92K, if bitcoin falls to this level, we can expect the support to hold.
+ I'm expecting a drop in price with a wick to touch 92K and bounce back immediately.
+ If bitcoin breaks below 92K then we can expect further crash to 80K level.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo