🗺️Bitcoin Roadmap🗺️(15-minute time frame)🏃♂️Bitcoin is moving near the 🔵 CME Gap($40,325-$39,290) 🔵 and Support line .
🌊In terms of Elliott wave theory , Bitcoin seems to have completed its 5-wave downtrend near the support line.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect Bitcoin to Go UP at least until the end of wave 4 and at the next target of the 🔴 Resistance zone($43,180-$42,820) 🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
BTCUSDTPERP
Bitcoin BTC price moves according to the fractal from the pastThe chart shows the same fractal stretched over at a different time frame.
The BTCUSDT price is now in a critical price range.
If sellers do not allow the BTC price to update the high in the coming days, there is a chance that a correction will begin according to the red fractal.
If buyers manage to fix the BTCUSD price above $44500, then there will be a chance for continued growth according to the blue fractal to the FWB:52K area, which is another +20% to Bitcoin price.
Which fractal do you think is more likely to work out? Vote with "like" at comment under idea.
BITCOIN: HISTORICAL CYCLES AND HEALING ROADMAP!THIS CHART IS BASED ON HISTORICAL DATA
In the first cycle, after the ATL, CRYPTOCAP:BTC took 532 days to break above it’s previous ATH.
In the second cycle, it’s taken 546 days to break above its previous ATH.
If history repeats itself, we could see a new ATH around 385 days from today, possibly by December
2024.
ROADMAP FOR BITCOIN HEALING
First Halving: July 9, 2016
546 days of the bull market!
Second Halving: May 11, 2020
546 Days of Bull Market after Halving 3
Third Halving: April 25, 2024 (Expected)
Likely to last 528 days to 546 days of bull market.
Based on fractal analysis and chart data, it is anticipated that Bitcoin will reach its next bull market peak in September 2025. Subsequently, a shift back into the bear market is expected. Consequently, a decision to exit the market before September is considered, given that these projections are assumptions derived from fractal chart data.
I hope this graph clarifies how BTC's long-term growth dynamics work.
Only in a probabilistic approach, this concept is.
This chart is likely to help you make better trade decisions if you consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
BTCUSDT ready to aim monthly resistance againThe price visited that 4h support area and dipped further below before quickly moving up. The monthly resistance did its job. This bounce from the support should aim for the monthly resistance again. Therefore, a long is favorable here with a good entry. I will share a long setup in a separate post.
Bitcoin Inverse head and shoulders?An idea to inspire others to see the charts from another lens.
This is a overall bullish perspective seeing the potential of Bitcoin forming a large inverse head and shoulders. Upside resistance targets forming a neckline around $54,650 followed by a 2024 pullback to the 0.618 around $28.6k to form the low of a right shoulder.
Breaking the neckline after forming the right shoulder displayed by the black arrow forecast gives targets up to $200k, but anything above all time highs of $69,000 can be considered respectable profit taking zone. Market structure would need to be reassessed should price deviate significantly from the projected path.
Trying to gauge the exact ebbs and flows of the Bitcoin price over the next 2 years is harder than rocket science as the market will of course do whatever it wants, so you should never marry any idea, double down when you're wrong, become overconfident. Always have multiple ideas in your toolkit, identify where you are wrong earlier than others and proceed with dynamism when new data is presented by the market that contradicts your original hypothesis.
Need to confirm whether to create a pull back patternHello traders!
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-------------------------------------
(BTCUSDT 1D chart)
There may be different views on the definition of rise and fall depending on how you interpret the chart.
Some may believe that the current decline has begun, while others may think that it is a correction to a sharp rise.
No matter what you say, this is a problem that can be found out naturally if you wait a little longer.
(1W chart)
I think the 1W chart is the best way to find trends in the coin market.
Therefore, if you look at the 1W chart, you can see that it has only fallen slightly.
Even if the next week begins and the decline continues, if it does not fall below the opening price of the last rising candle, I don't think it can be said that the trend has turned to decline.
From the perspective of those who entered a SHORT position at the high point, it can be said that it is a downward trend since it is falling anyway, but when looking at the overall trend, I think it can only be seen as a correction that can occur in an upward trend.
The period of volatility began first on the futures charts and is expected to last until around December 10th.
Throughout this period of volatility, we need to see if there are any changes to the existing trend.
Therefore, if possible, it is recommended to avoid trading during periods of volatility when trading spot.
In particular, you must be more careful when it comes to stop loss.
-------------------------------------------
(4h chart)
I think that in order for the price to turn into at least a short-term downtrend, the price must be maintained by falling below the M-Signal indicator on the 1D chart.
Until then, I think it's just an adjustment.
Therefore, the adjustment is
1st: Near 5EMA on 1D chart
2nd: Near M-Signal on 1D chart
It is expected that it will proceed depending on support around the first and second rounds above.
If BTC touches the 5EMA on the 1D chart, I think BTC's movement could accelerate again.
-----------------------------------------------
(USDT.D 1D chart)
USDT dominance fell below 5.89.
Accordingly, we can see that the coin market has begun an uptrend.
(BTC.D 1D chart)
However, since BTC dominance is still above 50, it is ambiguous to say that it is an altcoin bull market.
If BTC starts to move quickly, there is a possibility that the prices of altcoins will fall sharply.
Therefore, if you purchase altcoins for day trading, I think it is important to sell them when you are making a profit.
If you plan to hold it for a longer period of time through a short-term transaction, it is recommended to sell the amount equal to the purchase principal (+ transaction fee included) and reserve the number of coins (tokens) corresponding to the profit.
When these methods are used for the first time, they often fail.
The reason is that after selling, you buy immediately when the price rises.
The above method should not be used in day trading.
Since day trading is about earning cash profits anyway, it is best to just sell 100% and earn cash profits.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Need to check whether shaking will start based on 43160.0Hello traders!
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-------------------------------------
(BTCUSDT chart)
(1M charts)
It rose and touched the HA-High indicator.
Accordingly, the trend is expected to be redetermined based on the 43823.59 point.
(1W chart)
The HA-High indicator on the 1W chart is currently located at 59370.07.
Accordingly, it is necessary to check whether the HA-High indicator falls by shaking around 43823.59.
Therefore, as I mentioned earlier, I think it is highly likely that the trend will be determined again based on the 43823.59 point.
If a shake occurs, you should check for support around 37253.81-38531.90.
(1D chart)
The secondary resistance range is 44200.0-47600.0.
Accordingly, it is necessary to check whether there is a shake across the 39845.44-42053.66 section to the 44200.0-47600.0 section based on the 43823.59 point.
Therefore, it can be said that the 43823.59 point corresponds to the split selling section.
The next period of volatility was expected to be around December 9th, but it moved a little faster.
However, you need to check whether a new trend is formed around December 9th (futures chart: around December 8th).
-----------------------------------
(About altcoin bull market)
In order for an altcoin bull market, that is, a bull market that rises even when purchasing any coin (token), to begin.
1. BTC dominance: below 50
2. USDT dominance: below 5.89-6.39
Items 1 and 2 above must be satisfied.
And, the general bull market in which all coins (tokens) rise is expected to begin only when BTC dominance rises above 61 and then begins to fall.
Accordingly, caution is required when trading altcoins.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
You've been warned!Expect the peak around 48k-60k in the month of February. I would exit all positions there. While everyone is expecting BTC to go to 100k or 500k and others believing that we will bottom around 12k; we will dump much further. They will be talking about this moment for years to come!
UNpopular opinion $BTC down $CME WOuld pay to be contrarian here. all momentum indicators are very much over extended but can run a bit more but i feel time is running out. everyone and their moms are now calling for 40k where were they at 26??? we got a perfect CME gap fill, almost seems to easy to long here which is why we short. and fade the general public. I find it also very improbable on a new rally into the halvening. Imo we go tag the bottom gap at 20,300 to ill the final gap on daily. and chad after the halvening. all shorts got liq/d on the last move. i can see this slow bleed out down to the right before resetting and everyone calling crypto a scam. Holler if ya hear me.
Around 43160.0: Expected to re-establish the trendHello traders!
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-------------------------------------
(BTCUSDT chart)
(1D chart)
It touched above 38745.63 on December 1 and eventually rose above 38745.63.
Accordingly, the next volatility period will be around December 9th, and the key is whether there can be a movement out of the 38745.63-41350.0 range.
Since it has risen above the first resistance range of 37779.56-38745.63, if it falls below 37253.81, there is a possibility that it will turn into a short-term downtrend.
The support zone for this short-term downtrend is
1st: 32917.17-34110.32
2nd: 28923.63(29241.72)-29850.45
You need to check whether you are supported in the first and second sections above.
If the upward trend continues, it is expected to determine the trend again around 43160.0.
However, the area expected to rise the most is around 44200.047600.0.
If that happens, it is expected that the possibility of entering a full-fledged bull market will increase as the HA-High indicator on the 1M chart is touched.
If a pull back pattern is created before that and again causes fear in the coin market, then it will be a good opportunity to buy.
If not, you should proceed with buying when support appears near the HA-High indicator on the 1M chart.
Identifying support and resistance is not an easy task.
Since this is also a case that can only be known in hindsight, the key is how to create a response strategy.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
A bearish 2024 - 14525?Trying to speculating how bitcoin can feasibly reach 6 figure targets by developing bull structure in the form of a large pennant. This would imply a significant pullback to form new lows targeting 14,525 in 2024. Would need to see signs of weakness around this current price range ideally 45.5k rejection, however price can continue further in which case the structure of the chart would need to be reassessed to figure out what in the actual FibOnaCCi is going on.
Key prices in this analysis.
45,505.
14,525.
261,000.
No one knows where the market goes, the best guess wins. Oh, and blame yourself if I'm wrong.
📊#BTC mid-term goal has been achieved, chase cautiously⚠️➡️We have been actively bullish during this period, and we have also shared our specific bullish ideas with you. If you buy based on this idea, you can consider taking profit and leaving the market, because after we achieve the goal, most people will choose to take profit and leave the market, so in order to prevent possible dumping, it may be very wise to lock in profits in time choose.💯✔️
💥We must not be weak when we should be greedy. 💯✔️
⚠️We need to be cautious when others are greedy. ⚠️
🔥Congratulations to all the friends who followed us to print money🎉💰🍻I have helped everyone make money, so I hope you can also help me. Please remember to share my analysis posts and channels. 📤
➡️We will patiently wait for new opportunities to arise. ☕️
🚨Bitcoin is Ready for Correction🚨✅Bitcoin moved as I expected in previous posts and was able to touch the upper line of the Ending Diagonal again ( MicroStrategy helped in this movement by buying $600 million of Bitcoin).
📚The Ending Diagonal Pattern ( Elliot's point of view) is the same as the Rising Wedge Pattern ( Classical Analysis point of view).
🌊According to the theory of Elliott waves , Bitcoin is at the end of the main wave 3, so to complete this wave, microwave 5 of the main wave 3 had an Ending Diagonal structure.
💡In my opinion, the Ending Diagonal Pattern is standard so that the Fibonacci ratios are consistent with this pattern, as well as Regular Divergence(RD-) between Consecutive Peaks .
🔔I expect Bitcoin to start falling after breaking the lower line of the Ending Diagonal Pattern and Support lines and at least fall to 🟢 Support zone($36,000_$35,280) 🟢 or maybe Fill the lower 🔵 CME Gaps 🔵.
❗️⚠️Note⚠️❗️: If BTC can break the 🟡PRZ🟡, the Scenario will change.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; 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.
Story about Bitcoin BTC price route map for the coming monthsGalleon ships called "Big Money" are increasingly openly entering the vast and boundless ocean of the cryptocurrency market. To fill their holds with gold and spices crypto assets, they need to manipulate the market a bit, and they have the resources to do so.
The largest liquidity that is instantly "poured in" is hidden behind the breaking of stop orders.
Yesterday, the last portion of stop orders on small long positions that had been accumulating for more than 3 weeks in the consolidation of $30-31k were broken. In addition to providing an instant large portion of liquidity, breaking stops also has another function - knocking competitors out of their positions . Without "extra passengers," it's easier to move the price in the right direction, because no one will record profits in places MM doesn't need and thus slow down the price movement.
Therefore, we think that MMs have started an expedition in search of resources with a confusing route called "the Big Saw" . It is very likely that sharp trend reversals will occur in the most unexpected places, when euphoric moods such as: well, price has come out of consolidation, now it's definitely "to the mooon", or all is lost "crypto scam".
Let's try to predict what kind of navigation map "Big Money" has drawn for itself:
since yesterday the price of BTCUSDT was not allowed to gain a foothold below $29500, we assume that at least for the next week, the price is expected to move north, towards $32500
then on July 26, the announcement of the new Fed rate, which is expected to rise by +0.25%. This event may become a trigger for a more thorough correction in the crypto market.
Further breakout of the purple trend line, which has been in place since early 2023. On the market starts to feel negative, that "everything is lost" - we fall by $20-10-5 thousand per BTC, panic is a terrible thing. But as soon as a large number of coins are sold and liquidated under the fear of "losing everything," MM can easily reverse the trend upward. We assume that this can happen around $27300.
Moving upward, the BTCUSDT price begins to consolidate above $30 thousand, then above $31 thousand, and then the FOMO of small money is activated: we have been deceived, we need to buy now and immediately, after all, "to the mooon" will be.
Thus, updating the annual highs of the BTC price is possible, but growth will slow down, because on increased trading volumes that can disperse by"small money", "big money" there will be a good chance to fix at least part of the profit.
And in the region of $34000-34200, a fairly deep and powerful correction in the crypto market may begin. But be that as it may, we don't see the BTCUSD price falling below $24000 even in the most pessimistic forecasts by the end of 2023.
In general, it is worth remembering that in 9 months, BTC will have "the halving". Roughly speaking, the cost of one mined BTC will double. Now the weighted average cost of one mined Bitcoin is more than $20 thousand.
So in the long run, everything will be fine!)
Disclaimer:
All characters and events described are fictional.
Any coincidence with real people or events is a coincidence :)
_____________________
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Market led by ETH: Short-term riseHello traders!
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-------------------------------------
#BTCUSDT 1M
If the price holds above 38745.63, the RSI indicator is expected to rise into the overbought zone.
Accordingly, it is necessary to check whether it will continue to rise and touch the HA-High indicator, or whether it will shake up and down and a new HA-High indicator will be created.
Since it is a 1M chart, we expect to find out in February next year.
#BTCUSD 1M
I think around 43K is the maximum rising range due to this wave.
However, depending on the Fibonacci ratio, there is a possibility of temporarily touching the 44234.54-48229.91 range.
#BTC.D 1M
The reason is that BTC dominance has not risen above 61 yet.
If BTC dominance falls around 53, there is a possibility of creating a small bullish market, but I don't think it will ever be able to create a large bullish market.
Accordingly, there is a possibility that a strange market may be formed in which only BTC rises in order for BTC dominance to rise.
#ETHUSDT 1M
I believe that ETH's temporary lead rise was caused by ETH-related issues (ETFs).
A market that is not led by BTC will likely end up with a short rally.
Accordingly, you should carefully observe BTC's price movements.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Check if you are supported in the first resistance sectionHello traders!
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-------------------------------------
(BTCUSDT 1M chart)
A new candle is expected to be created in the 37253.81-38745.63 range.
Accordingly, we need to check how the StochRSI indicator will move.
(1W chart)
The StochRSI indicator is hitting the highest point in the overbought zone.
Accordingly, the key is whether the price can be maintained above 37253.81 and rise above 38531.90.
Since the Histogram indicator of the StochRSI indicator is showing a downward trend, the likelihood that the StochRSI indicator will be in a downward trend in the near future is increasing.
However, BTC is likely to maintain an upward trend until it leaves the overbought zone, so you should be careful about its movements.
Since the RSI indicator has entered the overbought zone, if it falls below 37253.81, there is a possibility that the RSI index will leave the overbought zone.
If that happens, there is a high possibility that a new HA-High indicator will be created, which will increase the likelihood of new volatility occurring.
The section where BTC turns into a downward trend is when it falls below the 29241.72-30767.38 range and meets resistance.
Until then, even if it falls, it is considered highly likely that it will create a pullback pattern and rise.
In that sense, the section 32917.17-34110.32 is expected to be an important section.
(1D chart)
The next period of volatility will be around December 9th, when the uptrend line (2) intersects at 38745.63.
Prior to this, the key is whether the price can be maintained around 37779.56 around December 1st.
We should hold the price around 37779.56 and see if it rises along the uptrend line (2).
If that happens, it is expected to move sideways in the first resistance range of 37779.81-38745.63, and then volatility will occur around December 9 (December 8-10).
Since the high points of the StochRSI indicator are falling, you can see that the strength of the rise is gradually weakening.
Accordingly, we can see that it is becoming important to be able to maintain the price above the 37253.81 point.
Even so, the 34786.17-37779.56 section is a sideways section.
thus, . If the price stays in the 34786.17-37779.56 range, BTC will just move sideways.
However, since altcoins are likely to see large declines, they may become psychologically unstable, so you need to think about countermeasures against this.
If it rises above 38745.63, it is expected to rise to around 43160.0.
A detailed explanation on this will be provided again when the price shows an upward trend above 38745.63.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------