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BTCUSDT

BTCUSDT: Bullish momentum continues to buildBINANCE:BTCUSDT continues to hold its ground, trading with an uptrend as buyers look to push the price above a key resistance level. Currently, BTC is consolidating near $91,824, showing signs of accumulation within an ascending triangle pattern. This pattern is often considered a bullish signal, indicating a strong breakout. The current market sentiment remains bullish, supported by institutional interest and macroeconomic factors, such as a weaker dollar and growing demand for cryptocurrencies as a hedge. The chart shows that Bitcoin could gain momentum, especially if buyers manage to break above the key resistance level of $93,300. Traders should keep a close eye on the $93,300 resistance level. A confirmed breakout with high volume could provide an entry point for long positions, while traders remain conservative. However, with the price reacting to strong resistance, I do not rule out the possibility that the price could wait for a pullback to the $90,000-91,000 zone, form a trend line and rise.
Long
by JerrytradingCR
Bitcoin faces downward pressure, can it bounce back?In the recent trading session, Bitcoin (BTC/USDT) is showing signs of strong selling pressure as the price fluctuates around $94,300. The technical chart on the 1-hour chart shows that the price is currently testing important support and resistance zones. Bullish scenario: If Bitcoin can break above the trigger zone at $95,200, it will signal a recovery, with a target towards the resistance zone from $98,500. This will require support from positive market sentiment and money flowing back into the crypto market. Bearish scenario: On the contrary, if Bitcoin breaks the strong support zone at $92,557, the downtrend may continue with a target of a deeper drop to the $88,700 zone. This will be an important price level to assess the selling momentum in the market.
by JerrytradingCR
BTC Struggles to Break $100K? Watch These Zone!Good morning, crypto bro's! 🌅 📊 Fear & Greed Index: 79 (Extreme Greed, slight drop). 📉 Stoch RSI: Approaching oversold area. 💡 Analysis: BTC peaked at FWB:98K yesterday before resuming its correction. Breaking $100K seems challenging at the moment. Major probability points to a correction towards the green zone at $85K– GETTEX:82K , as highlighted in previous updates. 📌 Market remains in a greed zone. Better to wait and see for now. I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
INDEX:BTCUSD
by x_Akki
The key is whether the box section and pull back can be created Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day today. ------------------------------------- (BTCUSDT 1D chart) The HA-High indicator, which showed signs of being created yesterday, is expected to be created for sure this time. Accordingly, the key is whether it can be supported near 96372.40 and rise above 98892.0. - Since the creation of the HA-High indicator means that a high section has been created, I think that whether there is support near the HA-HIgh indicator can be an important criterion for predicting future trends. First, we need to check how the box section is formed after the HA-High indicator is created. Since the box section is usually formed above and below the HA-High indicator, it also means a section that moves sideways to the HA-High indicator section. However, there are cases where a trend is formed right away without forming a box section, but since such cases are extremely rare, I think you don't need to worry about this. - What we need to consider is whether the MS-Signal (M-Signal on the 1D chart) indicator can be touched and risen. In other words, if the MS-Signal (M-Signal on the 1D chart) indicator is touched and rises while creating a box section of the HA-High indicator, a pull back pattern will be created and an upward price adjustment will be experienced. - If not, and it falls below the MS-Signal indicator, there is a possibility that it will touch around 79.9K-80.9K. This section was explained yesterday with the 1W chart. Therefore, you can see how important the MS-Signal (M-Signal on the 1D chart) indicator area is. - The next volatility period is around December 3rd. - Have a good time. Thank you. -------------------------------------------------- - ​​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 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, it is expected that prices below 44K-48K will not be seen 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. It is up to you how to view and respond to this. If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance. The reason is that the user must directly select the important selection points required to generate 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 to use it for 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 -----------------
by readCrypto
1
BTC/USDT - Rising Wedge Breakout - H4 ChartThe BTC/USDT pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Rising Wedge Pattern. This suggests a shift in momentum towards the downside in the coming Days. BINANCE:BTCUSD Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 93,400 Target Levels: 1st Support – 84,600 2nd Support - 78,210 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
8
Avax/UsdtBINANCE:AVAXUSDT ### **$AVAX/USDT Price Analysis Update 🚨** #### **Current Price: $41.23** - **Support Level: $37.34** - Avax is currently priced at **$41.23**. The immediate **support level** you're watching is **$37.34**. If the price fails to hold above this support, the next levels to watch are **$31.34 / $30**, which could be tested if the selling pressure increases. - **Bearish Scenario:** - If Avax fails to hold **$37.34**, it could drop towards the **$31.34** or even the **$30** level. These would be key areas to watch for potential price stabilization or further downside. - **Resistance Level: $45.34** - If the price holds above **$37.34** and respects the trendline, Avax could face its next resistance at **$45.34**. This would mark a potential breakout point and the next key area to monitor for a possible price rally. #### **Trendline and Key Levels:** - The **trendline** you're referring to is crucial for determining whether the price will hold the support level or break down lower. - **If the trendline holds** and ADA respects the support at **$37.34**, there is a potential for a move toward the **$45.34 resistance**. #### **Action Plan:** - **Watch the $37.34 Support**: This is the key level for deciding the near-term direction. If it holds, there’s potential for a rally toward resistance. - **Bearish Breakdown Possible Below $37.34**: If the price breaks below **$37.34**, the next potential targets are **$31.34 / $30**. --- ### **Conclusion:** - **$37.34** is a crucial support level for Avax. If the price breaks below it, we may see a drop towards **$31.34 / $30**. However, if **$37.34** holds and the trendline is respected, Avax could push toward the next resistance at **$45.34**. ### **Reminder:** This analysis is based on current market conditions, and it's important to keep an eye on price action as it develops. Always consider risk management before making any trading decisions.
by Wolftrader1337
3
Bitcoin Correction Started!?Bitcoin ( BINANCE:BTCUSDT ) started pumping again today with the help of the following two News : 1-Chinese Court Declares Bitcoin and Crypto Ownership Legal. 2-Trump Plans White House Crypto Advisor Role. These days, Bitcoin is more influenced by the news than before. Bitcoin managed to break the Important resistance lines with the help of the above news . Since Bitcoin does NOT have a previous price history at current prices , its analysis is associated with challenges, but I will try to analyze it for you with technical analysis tools and other parameters . Bitcoin reacted well to the new Potential Reversal Zone(PRZ) .But Bitcoin could not touch the magic number of $100,000 ; one of the reasons for not touching this number is many sell orders that were exactly on the number of $100,000. According to the Elliott wave theory , Bitcoin has entered five new impulsive waves after breaking the important resistance lines. It completed the main wave 5 . It seems that we can wait for Bitcoin correction waves . In terms of Classic Technical Analysi s, Bitcoin seems to be completing the Bump phase and entering the Run phase of the Bump-and-Run Top Pattern .👇 It also seems that USDT.D% ( CRYPTOCAP:USDT.D ) will have an upward trend , which can cause Bitcoin correction . I expect Bitcoin to attack the lower line of the ascending channel after approaching the Resistance zone($97,642-$97,180) . 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 ⚠️ Note: If Bitcoin goes above $98,700, we can expect it to touch $100,000. ⚠️ ⚠️ Note: Bitcoin can start to rise again from the lower line of the ascending channel. ⚠️ ⚠️ Note: We should expect a deeper correction if Bitcoin goes below the Support zone($95,600-$92,000) and breaks the lower line of the ascending channel ⚠️ 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.
Short
by pejman_zwin
114
BITCOIN | MACRO OUTLOOK | Top is IN | ALTCOINS SHINEI've been risking my opinion for the better part of a year, saying that the ATH is stilllll coming. Now, it's time for me to choose my trades again; and I'm choosing to take my profits here. Here's a replay of an entire year's worth of BTC updates, incase you want to verify😉: The next thing I'm looking at is the continuation of Altseason , because the TOTAL3 chart peaks AFTER the BTC high. I touched a little bit on this mechanic here; but I think I'll do another update on that in coming days. After alts top-out, for BTC bounce zones I'll consider the moving averages, Elliot wave corrective theory, and previous resistance zones as new bounce zones. But this is near term, not short term. Stay tuned!! Cheers to the believers 🥂 ________________ COINBASE:BTCUSD
COINBASE:BTCUSD
by CryptoCheck-
11
Bitcoin: Is the Psychological Barrier of $100,000 Within Reach?Bitcoin: Is the Psychological Barrier of $100,000 Within Reach? Bitcoin continues its impressive rally toward the psychological barrier of $100,000, driven by both fundamental and psychological factors. The rise in its value is supported by growing adoption, institutional investments, positive market sentiment, and key developments within the cryptocurrency ecosystem. Adoption and Acceptance Bitcoin’s growing acceptance by businesses, financial institutions, and individual users is increasing its utility and value. As more entities begin to accept bitcoin as a form of payment, demand naturally rises, solidifying its position as a viable medium of exchange. Institutional Investments One of the primary drivers of bitcoin’s growth is the involvement of large institutional investors such as hedge funds, investment firms, and corporations. Their entry into the market significantly boosts liquidity and builds confidence in the cryptocurrency, attracting smaller retail investors in the process. Planned Regulatory Changes and Strategic Reserves Future President Donald Trump’s proposals to establish strategic reserves in bitcoin and introduce cryptocurrency-friendly regulations could be game-changing for the market. Such measures are likely to attract new market participants, driving demand and increasing bitcoin’s value. Media and Market Sentiment Positive media coverage, endorsements from influential figures, and expert analyses play a crucial role in shaping market sentiment. Media narratives have a substantial impact on perception and can amplify investor interest, fueling price increases. Technological Improvements Advancements in blockchain technology and updates to the bitcoin network are improving its efficiency, security, and scalability. These innovations make bitcoin more appealing as an investment asset, contributing to its rising value. Macroeconomic Factors Global economic uncertainty, inflation, and the weakening of traditional fiat currencies are pushing investors toward alternative assets. Often referred to as “digital gold,” bitcoin is increasingly viewed as a hedge against currency devaluation and a reliable store of value. The 2024 Halving This year, bitcoin underwent another halving – the process that reduces the reward for mining new blocks by half. This reduction in new supply, coupled with sustained or growing demand, has historically led to price increases, and the current cycle appears to be following a similar trajectory. Infrastructure Growth and ETFs The cryptocurrency market’s infrastructure is rapidly evolving, making bitcoin more accessible than ever. The growth of exchanges, cryptocurrency wallets, and inflows into bitcoin-based ETFs are driving demand and strengthening the market. Seasonality and an Unstoppable Trend Seasonality is also working in bitcoin’s favor. Historically, the final months of the year often see strong performance in the cryptocurrency market. The current upward trend seems difficult to halt, and breaking through the $100,000 level appears to be only a matter of time. Conclusion Bitcoin remains one of the most dynamic assets on the market, drawing interest from institutional and retail investors alike. The combination of fundamental, technological, and macroeconomic factors suggests that the rally toward $100,000 could not only materialize but also set the stage for further gains. Will bitcoin surpass this symbolic threshold, or are there still hurdles ahead? Share your thoughts in the comments.
Long
by InvestMate
1
BTCUSD path to 200 000 USD weekly chart overview🔸Hello traders, today let's review weekly price chart for BTCUSD . going into BTC halving event later in April bulls still maintain control, having said that, we are closing on on the danger zone, which is defined by 75 000 - 100 000 usd, so let's review the primary scenarios for bitcoin prices going forward. No nonsense overview, no dinosaurs, NFTs, super mario patterns, etc, just pure price action. Let's dive into it! 🔸Looking at the weekly price chart (log scale), bitcoin is trading in well-defined bullish channel since 2018 on weekly timeframe. We got a confirmed/strong sequence of higher lows / higher highs, which is a clear definition of an ongoing uptrend. Prices are projected to appreciate further, however there are two possible outcomes/scenarios going forward, so let's review them. 🔸SCENARIO1: uptrend resumes without any reasonable pullbacks, which will catch a lot of traders off guard, generate strong momentum and FOMO and BTC then will be projected to hit a final target near 200 000 USD by end of 2024. This is one of the options, definitely, however traders should be aware of the high danger zone, we are closing in on it right now - 75 000 - 100 000 usd - high risk of pullback/reversal. 🔸SCENARIO2: after halving initially we get solid gains / BTC pumps into high danger zone on decent / strong volume, however once we hit near 75 000 - 100 000 usd momentum fades / dies off and we start to top out on weekly price chart with heavy sell-side wicks and bulls eventually lose control near 100 000 usd and then we proceed into pullback/correction mode. It's possible that we lose up to 50% of the recent gains in the ongoing correction, based on the weekly price chart logical/next higher low might be printed near 35/40K. 🔸Bottom-line/recommended trade setups: if you are already a long-term holder and bought low near 20 000 usd, you should definitely keep holding and ride out the volatility, as the price target at 200 000 USD is still very reasonable / possible within 12-24 months. If you bought recently anticipating massive gains post BTC halving you should be very careful and watch out for potential reversal near Danger Zone. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BITSTAMP:BTCUSDLong
by ProjectSyndicate
19
BTC/USD CHART ANALYSIS – NOV 25📊 BTC/USD CHART ANALYSIS – Weekly Update 📈 Technical / Naked Price Action ⚖️ Overall Sentiment: Cautious Optimism 🎲 Hello traders! Bitcoin finds itself at a critical juncture, hovering just below the monumental $100,000 mark. Last week, BTC made multiple attempts to break this psychological level but ultimately fell short, reaching a high of $99,800 . This resistance is largely attributed to heavy sell block orders on major centralized exchanges (CEX). 💡 Key Observations: Bullish Outlook: If BTC successfully breaks above $100,000 , we could see a strong upward trend, potentially targeting the $140,000 zone as a ripple effect. Bearish Outlook: However, failure to breach this level may lead to a pullback to the $90,000 support range , where buyers could re-enter the market. Current Strategy: No active trades for now—I’m waiting for a clear breakout above $100k or a retest of $90k before committing to any positions. 📌 Trading Tip: Patience is key in a market like this. Avoid chasing trades and wait for confirmation before entering long or short positions. 🧠 Let’s Collaborate! What’s your take on BTC this week? Share your ideas and charts in the ⁠💬. Let’s discuss whether we’re headed to new highs or revisiting support levels! Best Regards, The NFX Team™ 💚
COINBASE:BTCUSD
by niclaxfx