BTCUSDT Near Strong Trendline Support!BITSTAMP:BTCUSD Techncial analssyso update
BTC price is currently trading at the 200 EMA level, which will act as strong support on the 4-hour chart. Additionally, the price is approaching the trend support line, which is considered a key support level for BTC. The volume profile also indicates significant support in the $ 94K-$96K range. A strong bounce from this level can be expected
Regards
Hexa
Btcusdtlong
BTCUSDT CORRECTION OR REVERSAL?BTCUSDT CORRECTION OR REVERSAL?
Hello, colleagues!
So, what we have in the middle of the trading week:
Since the last review Bitcoin managed to rewrite its high once again and reached above 108K on the Bitstamp exchange.
Also yesterday was the Fed meeting, the decision of which was to lower the rate by another 25 basis points and followed by the traditional J. Powell conference, during and after which the shedding started in many markets.
#BTC
As for bitcoin specifically, the correction was asked for a long time ago and the asset corrected only by 9% from its high and this decline cannot be called unexpected. At the moment, BTC continues to stay in the trend and there is still room for the correction to continue at least to the upward support at $97-98K and we can't exclude the stabbing even lower, to the trading boundary at 94K. But, in general, from these values I expect a buyback and continuation of growth.
I expect such another near-term decline, mentioned above, within the framework of working out of the candlestick formation Absorption on 1D. For the first time in a long time the asset showed a strong bearish candle and just covered the gap for the last weekend on the CME exchange. In any case, a correction is necessary for any healthy market, whether bullish or bearish.
If we compare each post-halving cycle on the logarithmic chart of the 1Mes TF, we can see that the asset has continued to rise for at least another year. Therefore, there is every chance to continue rising until at least Spring 2025, or even Q4.
BTCUSD TECHNICAL ANALYSIS (READ CAPTION)hello my fellow traders! what do you think about this chart. comment on my analysis and provide your feedbacks.
current price: 100100
currently market is working above its supporting area 99500 and now market is about to hit a new high. market's retracement momentum was over, but because of news impact btc dropped. now btcusd market is trying to stabilize itself and will be trying reach the position 108000 soon.
key points:
supporting area: 99500, 102000
resistance area: 105000, 107000
Note:
first target: 105000
second target: 108000
stop loss: 98500
kindly like, comment, and follow for more updates on btcusd.
thanks for support!
3 Scenarios for BitcoinWhen a trend of the peaks that Bitcoin has made since 2016 is taken, we see that after each peak that uses this trend as resistance, Bitcoin enters a correction process up to the HP filter.
Bitcoin, which has done this 3 times in history, is doing it right now. In addition, when I apply a Fibonacci analysis to each correction, I clearly see that Bitcoin is currently in the Fibonacci target area of the last bear season.
There are 3 options for Bitcoin right now. Either it will break this trend for the first time and run without any corrections until at least $120k, or it will be rejected from the trend and pull back to $90k, which the HP filter will reach, and then try the trend once more. On the contrary, the worst case scenario is that it will close below the HP filter for the week and fall to $60k, which means bear season.
Even if the bear season comes, I will switch to the buying side since I think Bitcoin will eventually reach $1m. Therefore, it does not matter how many dollars it is for me.
BTC/USD "BITCOIN" Crypto Market Bullish Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist BTC/USD "BITCOIN" Crypto Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Target 🎯 : 110,000.0
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Can You Smell It? / BTC 110K is Closer than you thinkBINANCE:BTCUSDT
COINBASE:BTCUSD
Consolidation in Key Resistance Zone: BTC price has repeatedly tested the dark-yellow resistance block (~102,000 USDT) without strong rejection, indicating seller exhaustion.
Higher Lows and Rising Trendline: The ascending trendline shows strong buying interest at higher levels, pushing BTC upward.
Volume Profile (VRVP): The visible range volume profile reveals a volume gap above the current resistance, meaning BTC could move swiftly once it clears the 102K region.
Breakout Signal: A potential breakout candle has formed near the resistance, with smaller consolidations (orange circles) and consistent higher lows acting as a springboard.
Measured Move to 110K: If BTC breaks cleanly above the resistance zone, the green path suggests a measured move toward the next psychological level at 110K USDT, backed by strong momentum.
This bullish structure aligns with accumulation and breakout patterns, indicating Bitcoin's next leg up may be imminent. Monitor for confirmation above 102K.
Follow for the Updates
BTCUSDT: $100k is Done, Next $130K? Dear Traders,
As we explained in our previous analysis that we had made on BTC, price have reached successfully 100k since the US Election fuelled up the prices of BTC and other cryptocurrencies. Now we are expecting price to drop 96k and then reverse from there.
Good luck.
BTC/USD "BITCOIN" Crypto Market Heist Plan on Bullish SideHi there! Dear Money Makers, Losers, and Robbers, 🤑 💰
Based on Thief Trading style technical analysis, here is our master plan to heist the BTC/USD "BITCOIN" cryptocurrency market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entrance. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy, cautious, and safe.
Entry 📈: Acceptable anywhere; I advise placing buy limit orders within a 15-minute window. The entry for the Recent/Nearest Low Point should be in pullback.
Stop Loss 🛑: Using the 4H period, the recent swing low
Goal 🎯: 110,000
Scalpers, take note: only scalp on the long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.
I'll see you soon with another heist plan, so stay tuned 🫂
Bitcoin Market Trend Analysis (BTC/USD) – Updated Trading Overview of the Current Bitcoin Market Trend
In recent weeks, the Bitcoin (BTC/USD) BINANCE:BTCUSD market has shown a strong bullish trend, breaking several key resistance levels. From late November until now, Bitcoin's price has consistently reached new highs, but it is currently facing significant resistance levels. In this article, we will analyze Bitcoin's current trend and suggest specific trading strategies for investors in December 2024.
Bitcoin BINANCE:BTCUSDT Market Overview
Based on the 4-hour chart for Bitcoin, we see that the price is approaching the 103,629.86 USD resistance level and may encounter a pullback. Meanwhile, the important support level at 92,381.58 USD has been holding strong as a safeguard for the uptrend. With strong volatility and increasing trading volume, traders should watch for important technical signals to optimize their trading strategy.
Bitcoin (BTC/USD) Trading Strategies
Long Trading Strategy (Buy)
Entry Condition:
Buy when Bitcoin pulls back to the 92,381.58 USD support level and shows signs of recovery (such as reversal candlestick patterns like pin bars or other reversal setups).
Watch for confirmation from the 200-period MA (blue line). If the price stays above this moving average, the uptrend should continue.
Profit Target: Take profit at the 100,000 USD or 103,629.86 USD resistance levels.
Stop Loss: Place stop loss just below 92,000 USD to protect the trade if the market moves lower.
Short Trading Strategy (Sell)
Entry Condition:
If the price fails to break above 103,629.86 USD and shows signs of reversal (e.g., Bearish Engulfing candle), consider opening a short position.
Profit Target: Take profit at the 100,000 USD support level or 97,600 USD.
Stop Loss: Place stop loss above 103,800 USD to protect the position if the market continues higher.
Breakout Trading Strategy
Entry Condition:
If the price breaks above 103,629.86 USD with high trading volume, consider opening a long position.
After the breakout, if the price returns to retest this level and shows confirmation (e.g., candle closes above the previous resistance), consider entering a buy position.
Profit Target: Take profit at 105,000 USD or higher.
Stop Loss: Place stop loss below 100,000 USD to protect capital if the price retests lower levels.
Pullback Trading Strategy
Entry Condition:
Buy when the price pulls back to the 92,381.58 USD support level and shows signs of recovery with increasing volume.
Profit Target: Take profit at 100,000 USD or 103,000 USD.
Stop Loss: Place stop loss below 92,000 USD or 91,000 USD.
Candlestick Pattern Strategy
Entry Condition:
Open a buy position if a strong reversal candlestick pattern forms at the 92,381.58 USD support level.
Open a sell position if a reversal candlestick pattern forms at the 103,629.86 USD resistance level.
Profit Target and Stop Loss: Apply the same profit targets and stop loss levels as mentioned in the strategies above.
Conclusion
With Bitcoin’s strong bullish trend, investors should pay close attention to key support and resistance levels such as 92,381.58 USD and 103,629.86 USD. Trading strategies like buying when the price pulls back to support, selling when encountering resistance, or trading a breakout after breaking key resistance levels can provide profitable opportunities. However, managing risk through stop loss and setting reasonable profit targets are crucial for protecting capital and optimizing returns in a volatile market.
Always monitor the charts and technical signals to make the most informed trading decisions. Wishing you success in your Bitcoin trading journey!
Bitcoin: The Path to $125K or Beyond?BINANCE:BTCUSDT after yesterday’s flash crash price is currently consolidating around $95,000-$98,000. The market’s bullish sentiment is fueled by factors such as record-low exchange reserves, growing demand from Bitcoin spot ETFs, and increased accumulation by long-term holders. These dynamics have significantly tightened supply, positioning Bitcoin for another potential rally.
Looking ahead, again breaking the $100,000 psychological level could pave the way toward targets of $110,000 and $125,000. Analysts highlight the influence of regulatory developments, particularly in the U.S., and the increasing adoption of Bitcoin by institutions as critical catalysts for its growth. Conversely, a dip below $94,000 could signal a bearish phase with support at $90,000.
The long-term outlook remains optimistic, with experts forecasting Bitcoin’s price to reach between $150,000 and $250,000 within the next year, driven by its finite supply and enhanced institutional backing. As Bitcoin’s trajectory unfolds, monitoring BITSTAMP:BTCUSD ETF inflows and macroeconomic trends will be essential to capitalize on its upward momentum.
As per technical analysis, COINBASE:BTCUSD Bitcoin has formed an ascending support line alongside a higher-high structure. This bullish pattern strongly indicates further upward momentum in the coming weeks.
In our previous Bitcoin analysis, we set a bold target of $100,000 when the price was around $60,000, despite widespread skepticism in the market. True to our prediction, Bitcoin achieved and surpassed this milestone, completing all our projected targets. Stay tuned and follow us for more accurate updates and insights into the cryptocurrency market.
BINANCE:BTCUSDT Currently trading at $97500
Buy level: Above $97,000
Stop loss: Below $90,000
Target : $125,000
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
BTCUSDT Swing trade SignalHello everyone i want hare my bitcoin swing trade idea.
Bitcoin had huge liquidity to downside which was for active new buyers plus it tested last week Fibonacci buy levels where it got aggressive reaction.
Open long position at 98181
Stop loss at 96800
Take profit i will stay ion this trade until new year if i will be right.
Always manage your risk!!! Don't risk more than 2 % in this trade.
BTCUSD | Next Prime Zone for Long OpportunityWelcome back! Let me know your thoughts in the comments!
** BTCUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
#BTCUSDT: As advised in our last chart, price has hit 80K, 100K?Dear Traders,
As we had explained our previous analysis, that price is likely to reverse from 66k, now since price has crossed 77k region and its on the verge to hit 80k. We can expect a strong price movement now. The momentum has not shifted now after months and months of wait for bitcoin to hit the record high of 100k. Good luck.
#BTCUSDT: On The Way $80,000, Stay Alert! BINANCE:BTCUSDT
Bitcoin in currently accumulating which is a strong sign for traders who is looking for a swing entry on BTC, we expect price to drop and reverse from our buying zone. This idea is in making which means it can take time to develop and so execution of the trade can become difficult. Good luck.
BTC ANALYSIS (update)🔮 #BTC Analysis 💰💰
🌟🚀In 8hr chart we can see a formation of "Rising Channel Pattern in #BTC. As we said BTC will dump first then a bullish move will come. Chart is following the same. Now we could see a breakout of 100k level again
🔖 Current Price: $98100
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #BTC. 🚀💸
#BTC #Cryptocurrency #DYOR #PotentialBreakout
Pi Cycle Indicates The Bottom of BTCThe Pi Cycle just triggered the Bitcoin bottom.
This is the 3rd time in the history of the bitcoin Pi cycle has shown the bottom signal, this indicator accurately predicted the Bitcoin bottom in 2015 and 2018.
if this indicator works for the third time then we are at the bottom of the bitcoin bear cycle.
Thanks
Hexa
Post-Halving Bitcoin Market AnalysisBitcoin Price prediction after halving:
After the halving, Bitcoin's price typically moved sideways or exhibited a slight bearish trend for 1-3 months in the past three cycles. We can anticipate a similar sideways movement for the next 1-2 months before a significant upward surge. Once the sideways movement concludes, we can expect a robust bull run.
In the past three Bitcoin cycles, the price of Bitcoin has exhibited a bullish trend following halving events. We can anticipate a similar trajectory in this cycle, potentially propelling the price to $200k
Regards
Hexa
BTCUSDT Forms Rounding BottomBTCUSDT Technical analysis update
CRYPTOCAP:BTC has formed a rounding bottom pattern on the daily chart near the 2021 all-time high (ATH) resistance level. The price is now moving toward this resistance, aiming for a breakout. Currently, BTC is trading above the 100 and 200-day EMAs on the daily chart. If the price breaks above the rounding bottom pattern, a strong bullish move can be expected.