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BTCUSDT

Bitcoin BTC Is Preparing Last Drop To $89k Before The Rally!Merry Christmas, Skyrexians! Today BINANCE:BTCUSDT started moving again and this move is downward. That's why it causes a lot of emotions. But we warned you in our last analysis that Bitcoin will reach GETTEX:89K at least before the bull run continuation. Today we will take a look in details how this dump can be finished soon. Let's take a look at the 1 hour timeframe. When Bitcoin has recently reached the top our new Multilayer Acceleration/Deceleration Strategy closed all long trades and the dump was without any actions. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . After that we have seen the wave A which consists of 5 waves. The next bounce was the wave B zigzag shaped. Today price dropped suddenly and hard, this is the sign that wave C is already in progress. Soon we will see the final target at $89k. From there we can expect the bullish continuation above $120k. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
Bitcoin - Time to buy again!As I mentioned, Bitcoin does not have enough volume to break the 0.618 line by the end of the holidays. Therefore, we have to wait and see if Bitcoin can stabilize above 100k in the new year. 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!!
Long
by CobraVanguard
The continuation of the upward bull run of Bitcoin💠 The nature of the market has always been such that every uptrend at the beginning of an upward trend requires a short correction, and this is not far-fetched for Bitcoin. ⭕️ Everything is self-explanatory on the chart and no further explanation is needed. Dear friends, the numbers given in the chart are drawn according to analytical and trading experience. So far, all my analyses have had a very low error rate, and I hope that this analysis will again achieve its goals without mistakes. ▫️The buying suggestions are the blue and purple lines, which I recommend buying as DCA. If you have two targets, you can see that there is no reason why the second target must be seen. It is possible that a sharp decline will begin near or in the middle of these two targets. Therefore, be sure to take your profits from the first target. Support us by liking the analysis ❤️
by DarkAnalyzer
1
BTCUSDT - Bearish sign?daily chart displays a ascending broading wedge pattern can notice obviously how price action going when touches the lower side of the pattern You'll notice a full absorption of the candle, with only a wick touching the lower part of the pattern. It's important to understand that the ascending wedge pattern is inherently bearish, often signaling a downward move. However, Bitcoin rarely gives you a clear short signal like this—it will likely liquidate all short positions first. What’s expected is a strong upward move in the coming days, followed by a drop. Bitcoin’s target for this correction is 85k.
Short
by ceciliones
1
This volatility period is until December 28 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1W chart) The volatility period on the 1W chart is until January 5, 2025. Even though the price has risen, the HA-High indicator on the 1W chart is showing signs of being created at the 94742.35 point. If the HA-High indicator on the 1W chart is created at the 94742.35 point when a new candle is created, it is important to check whether there is support near that point. If it goes down, you should check whether there is support near the 1st and 2nd points indicated on the chart. Eventually, the StochRSI indicator fell from the overbought zone and changed to a state where StochRSI < StochRSI EMA. If the StochRSI indicator is located near the 50 point when a new candle is created, volatility may occur, so caution is required when trading. - (1D chart) The volatility period on the 1D chart is around December 27 (December 26-28). Therefore, the key is whether it can rise after receiving support near 97821.58-98892.0 after passing this volatility period. If not, you should check whether the movement occurs as explained in the 1W chart. If it receives support near 97821.58-98892.0 and rises, it will continue the short-term uptrend. However, since the high point boundary section is formed in the 101947.24-106133.74 section, whether this section can be broken upward is a point of interest. Since the StochRSI indicator is currently located near the 50 point, there is a high possibility of volatility, so caution is required when trading. ------------------------------------------ The DOM indicator is an indicator that comprehensively evaluates the DMI, OBV, and MOMENTUM indicators. The Signal indicator is the EMA indicator of the DOM indicator. The BW indicator is an indicator that comprehensively evaluates the MACD, StochRSI, OBV, and superTrend indicators. The BW indicator is used to create the BW(0) and BW(100) indicators. In addition, when it is located below the 0 point, it means that the decline is strong, and when it is located above the 0 point, it means that the rise is strong. The DOM indicator indicates an upward trend when it rises based on the 0 point, and a downward trend when it falls. When DOM > Signal is in the state, it is likely to show an upward trend, and when it is the opposite, it is likely to show a downward trend. Therefore, when the BW indicator or DOM indicator shows an upward trend from the 0 point, aggressive buying is possible, and when it rises above the 0 point, it is the 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 range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have maintained an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend 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 -----------------
by readCrypto
BTC/USDT Analysis. The price is currently bouncing off the mid-level of the channel, aiming for the upper resistance near $110,000. $92,500–$95,000 (green area): This is a strong horizontal support area that aligns with the lower boundary of the channel. It has been tested multiple times and is holding well. A breakdown below this area could signal a move towards $85,000 or lower. $100,000 (psychological resistance): A crucial level that needs to be cleared for the uptrend to continue. $110,000: Upper channel resistance and next major target. The 21-MA (black line) is acting as immediate support, while the 50-MA (red line) is moving upwards, indicating bullish momentum. Bitcoin recovering and continuing to stay above the moving averages is a positive sign. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions. For updates on other coins or personalized insights, feel free to reach out via DM. @Peter_CSAdmin
Long
by CryptoSanders9563
Phemex Analysis $46: How to Navigate BTC Crazy December?!PHEMEX:BTCUSDT.P has been on a remarkable journey throughout December, marked by significant price volatility and dramatic shifts in market sentiment. After breaking the $100,000 milestone, BTC experienced a sharp drop to $90,600 on the same day (December 5th); only to gradually recover and reach a new all-time high of $108,452 by December 17th. However, following this surge and amidst the holiday season, the market has shown signs of slowing down. As we approach Christmas and New Year’s, many traders are taking profits or exiting their positions for festive celebrations, leading to a recent dip back towards the $90,000 area. In light of these developments, it is crucial to analyze the current market conditions and evaluate potential trading strategies. By examining key support and resistance levels, we can identify several possible scenarios that may unfold in the coming days. Possible Scenarios 1. Continued Consolidation: BTC may continue to consolidate within the range of $108,000 and $88,700. This scenario suggests a period of sideways movement where price fluctuations are minimal. Strategy: Traders can utilize a Neutral Grid Bot or Long Grid Bot to capitalize on small price movements within this range. This approach allows for profit generation from minor oscillations while minimizing risk exposure. 2. Temporary Retrace: There is a possibility that BTC might experience a temporary retracement towards the $88,700 level or even drop further to around $86,170. Such a pullback could be triggered by profit-taking or shifts in market sentiment. Strategy: Traders should remain vigilant for signs of support at these levels. If confirmed, it may present an opportunity to enter long positions at a lower price point. 3. Bullish Breakout: Conversely, if positive news emerges—such as favorable regulatory developments or significant institutional investments—BTC could break above the $108,000 resistance level with high trading volume. Strategy: A successful breakout could initiate a new bullish rally. Traders should look for entry points following the breakout confirmation, ideally with increased volume to validate the move. Conclusion The current landscape for Bitcoin presents multiple trading opportunities depending on how the market unfolds. Whether BTC consolidates, retraces, or breaks out will significantly influence trading strategies. For those preferring stability, employing grid bots during consolidation may yield consistent returns. Conversely, traders anticipating volatility should prepare for potential retracements and bullish breakouts by setting appropriate stop-loss orders and entry points. As always, staying updated on market news and technical indicators will be crucial in navigating these scenarios effectively. Tips: Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
DAY 6 - Daily BTC UpdateBitcoin delivered a Christmas milestone, breaking $100K on multiple exchanges. However, we now find ourselves in a land of limbo, with BTC trending between key pivot levels and no clear confirmation of the next major direction. Daily Chart Insights 📈 Momentum Turning Bullish MACD: Flipping bullish, signalling potential strength in the trend. RSI & Stochastic RSI: Both indicators suggest growing bullish momentum, showing signs of a reversal in market sentiment. 🔥 EMA Ribbon Recovery Bitcoin’s daily candle has broken above the EMA ribbon, a key resistance zone, indicating that upward movement could gain traction if this trend holds. Outlook BTC's ability to maintain its position above the EMA ribbon and push past $100,800 will be pivotal in determining whether the bulls can regain full control. If successful, the next key level to watch is $105,720, leading to Pathway 1 for further gains.🎯 The market sentiment is improving, but caution is key while BTC trends in this zone. Let’s see where the holiday momentum takes us! 🎁
by LisaNEdwards
1
$BTC correction bottom is $85000All the fanboys—Crypto Rover, Ash Crypto, Satoshi Stacker, Banter, etc.—are singing the same tune: *"We're back!"* They claim CRYPTOCAP:BTC is still in a bullish pattern, that the December 20th -15% crash was just an anomaly, and so on. As usual, these CRYPTOCAP:BTC enthusiasts are acting like PR agents for Blackrock and Sailor, hyping the market to attract your money. If you're into altcoins, be cautious—the charts are telling a different story than their optimistic chatter. Remember June 2024? They were promising rewards if CRYPTOCAP:BTC hit $80K by the end of the week. How generous! And yet, CRYPTOCAP:BTC dropped -31%, with many altcoins plunging -80% over the following three months. I sent my weekly chart showing bearish divergence to all of them back then. None paid attention, and I was right. This time, while we're not in an identical scenario (the weekly timeframe still looks bullish), the daily timeframe shows a clear downward trend. Until this plays out, there's no reason to get overly optimistic. This means we could see selling pressure for the next week, dragging most altcoins down with CRYPTOCAP:BTC as the correction completes. The expected bottom for CRYPTOCAP:BTC is around $85,000, give or take. After that, the bull run should resume—I don’t think we’re heading into a bear market just yet. As always, DYOR!
by CryptoNikkoid
2
BTCUSDT BEARISH1. On the left, there is an uptrend, with continuously higher highs and higher lows. 2. The higher lows on December 20 were broken, forming lower lows. On December 24, support was once again found at this level. 3. In the rebound trend, the key resistance zone is between 102450 and 103550. If this range is not broken, a lower high will form. Bearish positions are at 92230-92320 and below at 85230. 4. If the key resistance zone of 102450-103550 is broken, there is a possibility of making new highs.
Short
by WhaleTJ
BTC GOING TO 193000$!!!"These days, everyone’s saying Bitcoin might drop to 74k or even 70k. But I’m here to tell you, whales and big institutions like MicroStrategy, with all their strategies (like the RTM model I showed you), are going to push Bitcoin up to $113k first. It’ll take a small dip there, then rise again to around $117k, followed by another pullback. This cycle will keep going until we hit $193k, and then we’ll see a nice correction. I really hope my analysis helps, even if it’s not 100% spot on! Don’t lose hope – fiat money is heading for destruction, and only the big cryptocurrencies will survive. Stay positive, take care of yourselves, and remember: health is wealth!"
by khosrooparviz
BTC Long term analysisBitcoin Weekly Analysis: Ascending Channel in Play Bitcoin (BTC) is currently trading within a well-defined ascending parallel channel on the weekly time frame, indicating a strong bullish trend. Here's the breakdown of the setup: 📈 Channel Boundaries: BTC price is respecting the channel's upper resistance and lower support (yellow lines). The midline (blue dashed line) acts as dynamic support/resistance, guiding the price action within the channel. 💡 Current Scenario: The price is trending toward the upper boundary, showing bullish momentum. A potential retracement back to the midline is expected after touching the resistance, as illustrated by the green path. 🚀 Bullish Case: A breakout above the upper boundary could signal accelerated bullish momentum. BTC might continue rallying beyond the channel if volume supports the breakout. ⚠️ Bearish Case: A breakdown below the lower boundary could signal a trend reversal, leading to bearish pressure. 🔍 Key Levels to Watch: Upper Channel Resistance: Critical zone for a breakout. Midline Support: Retesting this level could offer a buy opportunity in case of a pullback. Lower Channel Support: Watch for potential trend invalidation below this level. 📊 Conclusion: The ascending channel suggests BTC remains in a strong uptrend on the weekly time frame. Staying within the channel keeps the bullish structure intact, offering opportunities for both breakout and retracement traders. Do you agree with this setup? Share your thoughts or ideas in the comments! 👍
by Cryptonic_Trading
EconOptic|New BULLISH move or REJECTION?4-Hour Bitcoin Analysis The price has formed a new structure, presenting us with a double bottom pattern. The neckline of this pattern could provide an opportunity for a long position in line with the larger trend. This movement is sharper than the previous decline, and each time we initiate a new upward wave, the volume increases. This suggests strength in the new bullish trend, offering further confirmation for a long position. However, if this area turns out to be a fake breakout or the price gets rejected at the neckline with an increase in bearish candle volume, we may consider a short position at this point. Everything depends on the reaction to this key area.
Long
by EconOptic
1
"Analyzing Dogecoin's Path to $10: Potential for the 25 BullRunAt the time of writing, Dogecoin sits at 0.0255. When applying the RSI with Dogecoin at 65.72, this means Dogecoin is overbought and some correction needs to happen before realistic projected gains in 2025 can occur. Final thoughts are: Investment Assessment and Conclusion: Dogecoin can go to $10 in 2025—just not anytime soon, but eventually. But it needs project developments to be effectively completed and the price floor most crucially, around $2.00. Thus, for a $10 Dogecoin to happen, some investors need to HODL and some investors need to take profits during the bull run for price support. The RSI is currently at 40.92, which means it's teetering on the edge of oversold but also stabilizing, which points toward a bit of consolidation before a breakout on these ranges. Key Resistance Levels: $0.39 to $0.47: Short-term resistances that need to be breached in order for upward momentum to continue. $0.59: Major psychological/technical resistance that will need to be maintained to render any subsequent significant/exponential growth. $0.73: Resistance against previous all-time highs; breaching this will allow for exponential growth. Macro Considerations: Market Sentiment: Bull run in 2025 reliant on macroeconomic factors and overarching crypto adoption. DOGE CATALYSTS: Musk's ongoing involvement and potential application on X down the line, additional application with other sites or as a payment method, community buy-in and meme use. DOGE GROWTH REQUIREMENTS: In order for DOGE to grow naturally in value to the $10 price target, it needs a market cap over such price, which means billions, if not trillions of dollars need to be infused into the crypto world with Dogecoin having the same market cap or larger. FINAL THOUGHTS: The $10 price target requires so much bullish sentiment even based on Dogecoin trading in millionths of cents. It requires an ongoing bullish trend for the foreseeable future. Unheard of bullish derivatives season and retail/institutional participation macro market/fundamentals monitor. Bullish progression: Entire resistance lines on the chart have been breached. Because for something like this to occur, it has to be an extraordinarily bullish, extremely engaged retail and institutional lineup plus macro market/fundamentals. People need to be in the know and paying attention to breakout levels and macro developments in the months to come.
Long
by PROFITPULSE10X
Interpretation of 50 MA (Moving Average) on Chart The 50-day moving average (MA) (red line in the chart) is a widely used indicator that helps identify the trend direction and acts as a dynamic support or resistance level. Here is how it applies to the current chart: Current Overview: Support Role: The 50 MA is closely aligned with the green support area, reinforcing this level as a strong dynamic support. The price has historically respected the 50 MA as support, evidenced by previous bounces near this level. The upward slope of the 50 MA indicates that Bitcoin is still in a bullish trend on higher timeframes. The bullish structure remains intact as long as the price stays above the 50 MA. The convergence of the 50 MA with the green horizontal support area (~$92,500–$95,000) adds significant strength, making it a key level to monitor for a potential bounce. Bullish Case: If the price is above 50 MA, it could act as a launching pad for the next upward move. A bounce off this level could target the $102,500 or $110,000 levels. Bearish Case: A breakdown below the 50 MA and the green support area could signal a trend reversal or a deeper correction. The next support after this would be at $85,000–$90,000 or the lower range around $77,500. Key Points: The 50 MA is a crucial support level at the moment. Traders should closely monitor price action near this level. A strong bounce could confirm a bullish continuation, while a breakdown could indicate increased selling pressure. Let me know if you would like further clarification or additional analysis! Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions. For updates on other coins or personalized insights, feel free to reach out via DM. DYOR, NFA @Peter_CSAdmin
Long
by CryptoSanders9563
Example of how to trade without chart analysis Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- Since the coin market can be traded 24 hours a day, 365 days a year, gaps do not occur as often as in the stock market. (However, gaps may occur frequently in exchanges with low trading volume.) In any case, I think that these movements provide considerable usefulness in conducting transactions. Sometimes I told you to buy when the price drops by -10% or more. Today, I will tell you why. -------------------------------------- In order to trade, you must have basic knowledge of charts. Otherwise, you are likely to conduct transactions incorrectly due to volatility. However, such cases are less common in the coin market than in the stock market. One of the reasons is that the current coins (tokens) are not being used for actual business purposes. So, I think there are quite a few issues that cause volatility other than charts like stocks. - If the price falls one day and falls by about -10% from the high before a new candle is created, I buy. The next day, if it falls by about -10% from the high again, I buy again. When it falls by about -10% like this, I continue to buy in installments. That's why I need to adjust my investment ratio. - If I buy like that, there will come a point where my price rises more than the average unit price. In that case, when I'm making a profit, I sell the amount corresponding to the purchase principal in installments and leave the number of coins (tokens) corresponding to the profit. If you want cash profit, you can sell a certain portion in installments. Also, on the contrary, when it rises by about +10%, we proceed with a split sale. - As shown in the example chart, you can see that there are not many cases where it rises by -10% or +10%. However, since it occurs more often in the case of altcoins than in BTC or ETH, you should pay special attention to adjusting your investment ratio when trading altcoins. That is why you must check the price fluctuation range 1-3 hours before a new candle is created on the 1D chart. This method is a method that can be traded even if you lack knowledge about charts. If you let go of your greed a little and have the ability to split sell when you are making a profit, you will be able to meet the moment when a crisis becomes an opportunity. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
Education
by readCrypto