Get started

Cryptocurrencies

BITCOIN Is this a Falling Wedge bottom formation?Bitcoin (BTCUSD) is trading since the February 28 Low within a Falling Wedge pattern, below the 1D MA50 (blue trend-line) and at the same time supported by the 1W MA50 (red trend-line). Throughout its dominant Bull Cycle pattern, the +2 year Channel Up, it has formed another 6 such Falling Wedges, all below the 1D MA50 and all turned out to be market bottom formations, which paved the way for an immediate bullish break-out. On all occasions, the 1D CCI has been almost as low as on the February Low. The shortest rebound it made before another break below the 1D MA50, was +26.68% and the highest was +106.96%. As a result this gives us a minimum immediate potential Target of $96800 and a maximum of a little more than $150000. Given that the price has touched the bottom of the long-term Channel Up, like the bottom formations of September 06 2024 and September 11 2023, it is quite likely to see the stronger rebound probability taking place. But what do you think would be the case? Is this a classical Falling Wedge bottom break-out formation and if so what may be the Target? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
6
Learn To Invest: Global Liquidity Index & BitcoinGlobal Liquidity Index & BitCoin: 🚀 Positive Vibes for Your Financial Journey! 🚀 BITSTAMP:BTCUSD Look at this chart! It's the Global Liquidity Index , a measure of how much extra money is flowing through the world's financial systems. Why is this important? Because when this index is high, it often means good things for investments like #Bitcoin! 📈 Think of it like this: when there's more money flowing, people are often more willing to take risks and invest in things like Bitcoin. See those "BullRun" boxes? That means things are looking bright! It's showing that money is flowing, and that's often a good sign for potential Bitcoin growth. 🌟 Even if you're not a pro, it's easy to see the good news here. Understanding these trends can help you make smarter decisions. Let's all aim for growth and success! 💪
BINANCE:BTCUSDEducation
by Navid_Jafarian
11
BITCOIN Money Supply, Dollar and Bonds pushing for MEGA RALLY!This is not the first time we publish a Bitcoin (BTCUSD) analysis in relation to the U.S. Dollar Index (green trend-line) or Chinese Bonds (red trend-line) and Global Liquidity (blue trend-line). In fact we have been doing this since the late 2022 bands in China and like the highly bearish sentiment that was in the market then, we decided to dive into this cross-asset analysis yet again in order to put the current sentiment in perspective. Well it couldn't be more relevant. What we discovered is that all the financial assets mentioned above have yet again aligned to offer the strongest bullish confirmation for BTC since the November 2022 Bear Cycle bottom! More specifically, we are a little past the point where the DXY peaks and declines aggressively, Global Liquidity bottoms and starts rising, while Chinese bonds (our CN02Y/CN20Y ratio) bottom and rise aggressively. In the past 10 years this combination of events has happened 6 times, 2 times during each Cycle: one at the bottom of the Cycle and the other when the final, most aggressive rally starts. Notice also that (naturally) this is where the stock market (SPX, black trend-line) also bottoms and starts rising aggressively. As a result, the above market conditions are an indication that despite the recent monthly correction and turbulence due to a number geopolitical and other trade fundamental reasons, the macro-economic parameters remain intact for the wider picture of this Cycle. Truthfully, this is where an announcement next week of future Fed Rate Cuts would come very handy. So what do you think of this analysis above? Are you fearful that a new Bear Cycle is starting or more confident that the market will soon recover and price a new High? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
8
BITCOIN Cycle pattern completed. Year-end Target locked at $150kBitcoin (BTCUSD) is showing the first signs of life after nearly testing the 1W MA50 (blue trend-line) early this week. Whether this leads to a full on recovery or not, can been partially answered by this Cycle's price action so far. Historically we do know that BTC's Bull Cycles so far tend to peak towards the end of their 3rd year and that's 2025. This Cycle has been predominantly trading within a Fibonacci Channel Up, since its very start, the November 2022 bottom. Its 1W MA50 has been supporting since the March 13 2023 break-out, so it's been exactly 2 years of holding and throughout this time period has provided two excellent buy opportunities. As you can see, the Channel Up can be classified into two main Phases so far: each has a Primary correction (red) of more than -30% drop, followed by a rally (blue), then a Secondary correction (yellow) of more than -20%, followed by the second and last rally (blue). All rallies have so far been around +100%. Based on this model, we are now on the Secondary correction of Phase 2. Notice that all corrections (either primary or secondary) hit or approached apart from the 1W MA50, the 0.382 Fibonacci retracement level from their previous Low. This is actually the first time that the price has marginally broken below the 0.382 Fib. At the same time, the 1D RSI almost got oversold last week (34.50) and according to the August 05 2024 (Higher) Low, this is were a series of RSI Higher Lows would be a signal of a new bottom formation. The bottom and recovery process may take a while though, another 4-6 weeks. According to the Time Fibs (blue dashed vertical lines), each correction (whether primary or secondary) has ended at or a little before the 1.0 Fib with the 0.0 being the bottom of the previous one and 0.5 Fib the Top of the rally. Based on this, we can expect the new rally to start by the week of April 28 the latest. So now as to how high this can get, if it repeats the 'weakest' rally of the Channel's three so far, it should rise by +95.95%, which gives us a straight price of $150000 as a Target. If the rally symmetry also holds, this should come by late September, perfectly aligning with Bitcoin's historic Cycle expectation for the final year. Do you think that will be the case? Recovery starting within 4-6 weeks and if so, are you expecting $150k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
16
TRXUSD Another 2 months of consolidation is possible.Last time we looked at TRON (TRXUSD) was almost 6 months ago (September 25 2024, see chart below) when we called for a 1D MA50 (blue trend-line) buy: The immediate rally that followed, hit our 0.2100 Target in less than 2 months, even breaking above the long-term Channel Up. Since then, the Bullish Leg deflated and settled sideways on a trade within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). This is an Accumulation Phase and on the current 2023 - 2025 Bull Cycle, it is not the first time we've seen one. In fact the Higher Lows Zone had such phases since its start but the most notable and most similar to the current one is the one between March - August 2024. Always supported by the 1W MA50 (red trend-line), this Accumulation Phase displayed the same kind of 1D MACD Bullish Divergence and once it formed its first Higher Highs trend-line and rebounded on the 1D MA200, it entered the Parabolic Rally Phase. If the symmetry holds, then we might see TRX hit 0.6000 by September 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:TRXUSD
by TradingShot
BITCOIN Is this the last defense before the narrative changes?Bitcoin (BTCUSD) got yet again increasingly volatile during the weekend and is approaching the 1W MA50 (blue trend-line). As mentioned on the title, this is "the last defense" for BTC as so far this price action hasn't diverged a bit from the Channel Up of the 2015 - 2017 Bull Cycle but a break and 1W candle close below it, would jeopardize that. ** The key 1W MA50 ** In fact the only times that Bitcoin closed below its 1W MA50 during a Bull Cycle and the Cycle continued was of course during the March 2020 COVID global market flash crash and November 18 2019. But the current Bull Cycle is nothing like in 2019 - 2021, it doesn't have the initial overextension of the Libra hype (May - June 2019) or Elon's early 2020 hype nor of course the pandemic shutdown. On the contrary it is incredibly similar with 2015 - 2017 with the only difference being that, thanks to the ETF launch in January 2024, the market marginally breached the previous All Time High (ATH) earlier. ** Symmetry playing out ** So back to the similarities between those two Cycles. The Cycle count indicates that we are at the end of the (blue) Bull Rectangle in March 2017 (847 days) when the price almost tested the 1W MA50 and then started the (green) Parabolic Phase to new ATHs (217 days). Even in terms of 1W RSI and MACD, the two fractals are similar, with the RSI being on its 2nd 'Buy the dip Volatility Phase' bottom and the MACD on its 2nd Bullish Cross. ** How high can it get? ** Now as to how high the new Cycle Top can be, can be anybody's guess, but if it repeats the less aggressive 2021 Top, it could be on the 1.618 Fibonacci extension, i.e. around $170k, while if it repeats the (much more unrealistic for such short period of time in terms of market cap) 2017 Top, it could be on the 2.382 Fib ext, i.e. around $520k. The worst case scenario is to have Fib extension Tops on a decreasing rate, in which case the 1.5 - 1.382 levels are next, giving us a potential target range of 120k - 145k, which would be almost a Double Top similar to November 2021. So what do you think? Will the 1W MA50 come to Bitcoin's rescue yet again or the narrative will change this time? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
14
Bitcoin(BTC/USD) Daily Chart Analysis For Week of March 7, 2025Technical Analysis and Outlook: In the trading session for this week, we observed significant volatility characterized by considerable fluctuations, ultimately culminating in the completion of the coin Interim Coin Rally 94500. The coin experienced a substantial increase, reaching our Mean Resistance level of 92600, before encountering a steep pullback that resulted in its stabilization at the starting point of Mean Support of 84700. This upward fluctuation indicates a potential for higher prices and suggests a likelihood of retesting the target Mean Resistance levels at 90600, coinciding with the conclusion of Interim Coin Rally 94500. Nonetheless, a retest of the Key Support level at 79000 and the completed of the Outer Coin Dip 78700 may occur prior to any further upward momentum.
BITSTAMP:BTCUSD
by TradeSelecter
BITCOIN Same bottom, different year.Bitcoin (BTCUSD) has formed a Triangle pattern of Lower Highs (Resistance) and Higher Lows (Support), following the February 28 Low. The bullish confirmation will be given if the price breaks above its 4H MA200 (orange trend-line) but this already looks like a Bottom formation, similar to the Triangle patterns formed around August 2024 and September 2023. Those were the major bottoms (so far) of the 2023 - 2025 Bull Cycle and it won't be surprising at all if 2025 has its own now that will drive BTC to its eventual Top towards the end of the year. Both rallies that followed the 2023 and 2024 Triangle break-outs, reached at least their 1.786 Fibonacci extension. As a result, this gives us a minimum medium-term Target of $120000 in the event the 4H MA200 breaks. So do you think this is a standard Bull Cycle Triangle bottom formation? And if yes, is $120k the immediate Target? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
2
ETHEREUM Is a massive rally about to begin?Ethereum (ETHUSD) started the week lower but is attempting a closing near last week's candle close. Still below its 1W MA50 (blue trend-line) but the practically ranged price action of the past 12 months (March 2024 - Feb 2025) may be a Re-accumulation Phase similar to ETH's first Cycle when between March 2016 - Jan 2017 it consolidated but then started a massive rally until the end of the year. As you can see, the two fractals are fairly similar, both starting with an initial Accumulation Phase. In the 2015 - 2017 Bull Cycle, the rally that followed the October 2015 Low was fairly symmetrical (+5069%) with the rally that followed the Re-accumulation Phase's bottom. The Cycle Top was priced higher on the 2.0 Fibonacci extension. If ETH keeps replicating this past fractal, we can expect a more realistic Target at $5350 (+169.75% rise) and an extremely optimistic at $11000 (Fib 2.0 extension). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:ETHUSDLong
by TradingShot
5
BITCOIN Like a well tuned Swiss clock...Bitcoin (BTCUSD) has had a red February with a correction that touched its 1D MA200 and almost hit the 1W MA50 (blue trend-line), spurring massive liquidations and ETF outflows. On the wider picture though and the long-term technical trend of this Cycle, this looks nothing more than a normal technical pull-back at the start of the last year of the Bull Cycle. More specifically, since the start of the current Bull Cycle following the November 2022 market bottom, BTC has been replicating to almost perfection the 2015 - 2017 Bull Cycle. As this chart on the 1W time-frame shows, every medium-term top and bottom since July 2023, matches harmonically the tops and bottoms since July 2015. In addition, the 1W RSI is now on its 2nd bottom of the 'Buy the dip Volatility Phase', which started after the Higher Lows trend-line that was initiated on the market bottom, peaked and turned sideways. In 2016 - 2017, that was the ultimate guide to buy low through Bitcoin's last year of Bull Cycle all the way to the Top. Based on this analogy, BTC should now form a Channel Up that might form the next Higher High in June, pull-back in July, then new Higher High in August, pull-back in September and final push for a Cycle Top around November. Based on this pattern, this may very well be around $200k but again, a 1W RSI top sell signal is more fitting. But do you think the market will continue replicating the 2015 - 2017 Bull Cycle all the way to the top? And if yes, is a $200k peak plausible? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
18
BITCOIN Can it really take 1 month to form a bottom??Bitcoin (BTCUSD) quickly invalidated the Crypto Reserve rally by Trump and finds itself again on the 1D MA200 (orange trend-line) for the 2nd time in 5 days and 3rd since October 14 2024. The key technically development that we should concentrate at is the failure to break above the 1D MA50 (blue trend-line) during Sunday's rally, as it is the level the price was being rejected throughout the whole February. Until BTC breaks and closes above the 1D MA50, we can't expect a justifiable recovery. We are also on the 0.382 Fibonacci retracement level from the August 05 2024 Low. The last time the price was trading on those parameters was in late August 2023. More specifically, yesterday's 1D MA50 rejection resembles the August 29 2023 one, which came after a vastly oversold 1D RSI on August 18 2023, similar to the oversold RSI of February 26 (last Wednesday). During this price action, it took Bitcoin exactly 1 month from the RSI bottom to break again above its 1D MA50, starting a rally that initially broke marginally above the -0.5 Fibonacci extension before a new 1D MA50 pull-back. As you can see, the similarities between the two main phases of since the 2022 bottom are striking. Both started on a Channel Down and after the first Higher Lows formation, formed the Channel Up that was confirmed upon a 1D Golden Cross. It has to be highlighted that the 1W MA50 (red trend-line) has been holding since March 14 2023, it even supported during the August 2023 bottom formation and provided a massive bounce on the August 05 2024 low. With the 1W MA50 currently at 75070 and rising, it is natural to assume that it is the ultimate Support level. As a result and based on all the above conditions, it is possible to see Bitcoin consolidate sideways in an attempt to cement the bottom for the majority of March. A break above the 1D MA50 either then or earlier, would be a technical bullish break-out confirmation. The rally that will follow can technically reach $160000, which is just below the -0.5 Fibonacci extension. So what do you think? Is Bitcoin currently forming its new long-term bottom and if yes, will it reach $160k after that? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
10
UniversOfSignals | TAO, an AI-focused cryptocurrency currentlyLet's take a quick look at TAO, an AI-focused cryptocurrency currently with a market cap of $138 million, ranked 36th in the coin market cap. 🥸 In the 4-hour timeframe, we are observing a descending range pattern with significant resistance at the area around 477. Every time the price attempts to rise, it gets rejected from this level. Recently, the support at 345.9 was broken, and the price has dropped to a lower level, reaching the support at 306.9. ⭐ The RSI oscillator has exited the oversell zone after completing a bearish leg and has returned to the normal range. The market volume appears to be decreasing, which is common on weekends. 🕯 If the support at 306.9 breaks and the RSI enters the oversell zone again, we could witness the next bearish leg down to the support at 265.2. If the price ranges today and tomorrow while the market volume is low and then breaks this support at the start of the new week, this breakdown would be more credible. 📈 As for long positions or buying, we need to wait until this bearish momentum exits the market and the price establishes a new structure. Therefore, I cannot provide a specific trigger for long positions at the moment.
by UNIVERSOFSIGNALS
1
BITCOIN Is the correction over??Bitcoin (BTCUSD) completed yesterday a -21.14% decline from its January All Time High (ATH). This move made new 3-month lows for the market and naturally accelerated the fears of a Cycle peak and the start of a new Bear Market. Zooming out to the larger time-frames however, we can see that the trend remains heavily bullish within this Bull Cycle's dominant pattern, the Channel Up since August 2021. In fact the current -21.14% pull-back is identical with the Minor Correction Phase (orange) the pattern had during July - September 2023. The similarities don't stop there. That Minor Correction bottomed a little before touching the 1W MA50 (blue trend-line) and the 0.382 Fibonacci retracement level. The 0.382 Fib on the current Phase is at $81000, while the 1W MA50 is a little lower. The 1D RSI however has already breached the oversold barrier (<30.00) as on the August 14 2023 Low. That wasn't the only time the 1D RSI tested the oversold barrier. The last time it was on the week of July 01 2024, during another pull-back, this time the Major Correction Phase. That was considerably longer and stronger (-33.28%), which did hit the 1W MA50 in order to bottom, and as you can see it hasn't been the only major pull-back of the Channel Up. The other Major Correction Phase was at the start of the pattern (Aug - Nov 2022), which measured a -38.47% decline. As you see, there is a high degree of symmetry among Major and Minor Correction Phases, so there is a high probability that BTC has now bottomed on its new Minor Correction Phase. If not, a bottom level candidate will be waiting a little above $81k and the 0.382 Fib. The minimum rally following a correction bottom has been +95.95%, so if BTC repeats that from yesterday's Low, we are looking at a new Higher High exactly at the top of the Channel Up at $169000. So do you think we've see the bottom on this technical correction or we are due some more towards $81k before rebounding? And if so, are you expecting a final rally towards $169k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
9
BITCOIN Is this a healthy Bull Cycle pullback or new BEAR CYCLE?Bitcoin (BTCUSD) has broken below the $90k barrier, reaching so far today 89000. The market is undeniably bleeding and this is roughly a -19% price decrease from January's All Time High (ATH). Talks about the end of this Bull Cycle have resurfaced again, but is this the start of a new Bear Cycle or simply a usual technical pull-back during a Bull Cycle? Well we can find the answer by examining the 3 most recent Bull Cycles. As you can see, such declines are common during Bull Cycles, and they've been very well present on the current (2023 - 2025) Bull Cycle as well. Going back to the 2015 - 2017 Bull Cycle, we can see four -40% corrections, with an average Cycle decline of -35.28%. The average in the following Bull Cycle (2019 - 2021) declined to -26.12% with many -30% corrections this time. On the current Cycle, the average is so far -23.60% with the vast majority of corrections being around -20%, which is exactly what we are up against at the moment. As you realize, the corrections have been greater in the past, which is natural as so were the total Cycle gains, so the higher the rallies, the stronger the corrections have been. As Bitcoin started to normalize, become mainstream and adopted, the Cycles returns started to diminish, offering subsequently smaller/ more manageable pull-back phases. As a result, it is very likely for BTC to be experiencing at the moment a typical Bull Cycle pull-back and equally probable not to diverge much from the -20% mark of the current Cycle standard. But what do you think? Is this the start of a new Bear Cycle or just a Bull Cycle pull-back? And if it's the latter, will it stop around the current -20% levels? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
13
BITCOIN Can it reach 200k by the end of the year?Bitcoin (BTCUSD) is under a heavy consolidation for the whole month of February bringing discomfort to the market, which thought that an immediate rally in 2025 was in order. Libra's rug pull and last week's ByBit's hack didn't help, quite the contrary, the first calls of a Bear Market have started to resurface again. This chart on the 1W time-frame however, pays good justice as to the situation BTC is currently facing. First of all, the price has dropped below the Mayer Multiple 1SD above (grey trend-line), which is not encouraging as in the previous Cycle this only happened in mid-May 2021 and in the two Cycles before, didn't happen until the new Bear Cycles started. This isn't however that alarming as it was natural for Bitcoin to be more aggressive during its first years, with the price so low (and with much greater potential ahead of it) and the market capitalization still in infant stages. This is why, as you may notice, the Parabolic Channels get less and less aggressive on each passing Cycle, with the current one being the most 'conservative' of all. This explains why last Cycle 'only' hit the MM 2SD above (orange trend-line), while the two Cycles before that easily hit and broke above the MM 3SD above. Naturally, we may assume the following to parameters for the remainder of the current Bull Cycle: a) It is not necessary to hit the MM 2SD above again, in fact it is more likely not to do so. b) Since the last two Cycles both lasted 1064 days (152 weeks) from their Bear Cycle bottom to the Bull Cycle top, we can expect the current one to top around October 06 2025. Despite those limitations, BTC can hit the $200k mark based on the tranjectory of the current Parabolic Channel, which would still be considerably below the MM 2SD above, by the end of 2025. Do you think that's realistic to expect or $200000 is too much to expect during this Cycle? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
1
BTCUSD Daily Inflection Point UpdatePreviously I mentioned the weekly was consolidating, but there is potential for this momentum consolidation to have a breakout leg as momentum shifts and the final emotional price movements are played out. I was too conservative in my price projections; a lot more than I used to be- but there wasn't a whole lot of TA involved- I figured the dollar issues would crop up earlier. Now that the Fed had pivoted. the yields are creeping back up pushing bitcoin back down. The fed doesn't let on just how dire the situation is- and with global tensions rising, the dollar is at significant risk. I expect a broad correction in all the markets- and cash to become very tight. There is daily momentum consolidation- and if any other events occur that send yields upward- bitcoin is likely to suffer as a consequence. If instead we sail into the new year unscathed- then this consolidation may provide another leg up; but a break below 88k and a push towards 60k may solidify bitcoins correction. DAILY WEEKLY
COINBASE:BTCUSDShort
by Mikhiavelli
3
SOLUSD Megaphone bottomed. $205 min and $340 max Targets.Solana (SOLUSD) has been trading within a Megaphone pattern, which technically had the price bottomed on its Lower Lows 3 days ago. That bottom was also a 1D RSI oversold barrier (30.00) test, which is exactly where the December 22 2024 Low was priced. Being below both the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line), the natural short-term Target is again the 1D MA50 at $205.00, similar to the January 03 test. On the longer term, if SOL makes a 1W candle closing above the 1D MA50, we can resume buying and target the top (Higher Highs trend-line) of the Megaphone at $340, which is where the 1.236 Fibonacci extension is, exactly where the January 19 High was priced. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SOLUSDLong
by TradingShot
3