Bitcoin 88888hello friends I hope you are well Bitcoin has completed its three correction waves and is preparing for the next upward move The lowest price we will reach in the near future is 88888 and we will see much higher numbers in the near future. Be successful and profitable♥️🌹Longby Arash_Kamangir2020Updated 6614
Bitcoin next short opportunity: $80,500I've previously tried an idea to short Bitcoin around $76k and it doesn't work out well. Now, what's the next point we can try? Based on Fibonacci extension, the number is $80,500. Shortby yuchaosngUpdated 115
83K TOP - 2 years of Distribution (BTC My Thesis)LOTS of FAKE OUTS BIG and SMALL. We see a familiar formation. Three Peaks and a domed castle. Bears be faked out and bulls will be rekd. 1. We have completed the first peak in March 2024. 2. July was the Bottom of the first peak 3. Lots of opportunities for swing trader and few for holders. 4. we are on going for the second fake out. 5.The next dates are on the charts. 6. The cycle may end by September Next Year. a predicted conflict between India and China may be a catalyst for a 40k bear trap in 2025 april. How did I know? shhh. Lots of Volatility. take profit always. Lots of love. by AntonMapzPinoyUpdated 332
my best analysis for 6 months of BitcoinThis analysis reached the target exactly after 6 months with 100% sensitivity. Sasha Charkhchianby Sashacharkhchi3
HOW TO GET RICH PREDICTING BITCOINS BULL RUN & CRASH! TUTORIALCOINBASE:BTCUSD NASDAQ:IBIT AMEX:BITX HOW TO GET RICH PREDICTING BITCOINS BULL RUNS & CRASHES! TUTORIAL In this must-watch tutorial, I'll reveal the secrets to predicting Bitcoin's rise and fall with stunning accuracy. Join me as I walk you through four distinct indicators that you can use to jump into Bitcoin before massive runups and dodge huge crashes. Whether you're a seasoned trader or a crypto newbie, these insights will transform how you approach the market. Don't miss out on this exclusive analysis that could change your financial future! Smash that like button and follow for more game-changing strategies, ideas, and tutorials! Education46:32by RonnieV292212
BTC Daily Break Above Rising ResistanceBTC has managed to hold above a rising resistance that was currently dictating the price action. There are roughly two daily bars before we meet this trend again while being above it. The rising wedge broke to the upside, so my bias for this trade is long. RSI is 72 at time of publishing. Long targets are 77,800 first, and then 84,600. These is the 1.618 extension and the 2.618 extension of the previous high swing low. Not financial advice. Do your own DD. Thanks for reading the idea.Longby BallsOfSteel32Updated 4
double top#btc is pennies away from printing a {double-top} priced in gold. Bull will want to see a daily close above blue. Still a long way to go to breakout past ATH, which was printed in Nov 2021. #bitcoin #gold #ethereumShortby DollarCostAverage1
2024-11-11 - priceactiontds - daily update - bitcoinGood Evening and I hope you are well. tl;dr bitcoin - Max bullish. 100k next. Don’t fight it. I scalp long on strong momentum. comment: No doubt this will go to 100k. The move is so beyond everything at this point, no one will stop this. I would not be surprised if this hits 100k, to then dip 20-30% in 4-8 weeks after that. For now, don’t fight it and join strong momentum. 4h 20ema has not been touched since Wednesday. current market cycle: peak euphoria - small pullback bull trend key levels: 70000 - 100.000 bull case: Bulls want it bad. They will likely get it soon. Any decent dip is bought and we are printing 2-3% 1h bull bars. 4h tf shows 2 clear legs already, third one will likely lead to 100k. Invalidation is below 80000. bear case: Any pullback is mostly going sideways and it looks like it’s only bulls taking profits. Can’t be a bear in this. Don’t even try. Invalidation is above 110.000. short term: max bullish for 100k medium-long term - Update from 2024-11-11: 100k and then down to 70000 in 2-4 weeks. current swing trade: No thank you. trade of the day: Long anywhere and for any reason.Longby priceactiontds222
BTC/USD Golden Cross + Bitcoin Act: The Perfect Storm? Now that Donald Trump is set to become the next president of the United States, the U.S. could soon build a strategic Bitcoin reserve. This initiative, proposed under the pending “Bitcoin Act,” aims to let the U.S. government acquire up to 200,000 Bitcoin per year over five years, totaling up to 1 million BTC, or nearly 5% of the currency’s maximum supply. At current prices, this could cost over $80 billion. The U.S. already holds around 200,000 Bitcoin, largely confiscated from criminals. Trump has pledged that under his administration, seized Bitcoin wouldn’t be sold. The price of bitcoin is trading at a new fresh record high above the $86,000 level. A golden cross pattern has formed with the 50-day and 200-day daily moving average crossing each other. by BlackBull_Markets3
We are very close to a full blown out bullrun in 2025"The whole model consists of 5 submodels: 0. Days t since GB to normalized blocks h = Blocks/210k piecewise linear transformation (Preliminary step). 1. Power Law (log-log linear regression) over h. BTC = h^5.4*10^1.5 2. Diminishing return bands. -0.79^(h+0.9)<deviation of Log10(BTC) from the Log10 of the PL <+5/3*0.79^(h+0.9) 3. Harmonic oscillator with diminishing amplitude. Sin(2pi*h) 4. Time delay learning curve G(h)/2pi. 5. Lines and zones inside the bands. That is all. Nothing else! Just verify the math." Leo Heart by axelroddUpdated 228
BTCUSD | 11.11.2024SELL 81500 | STOP 85000 | TAKE 78000 | We expect a local correction from the historical high. Apparently, volumes are expected to be fixed.Shortby ProPhiTradeUpdated 220
BTC/USD Approaches Key Resistance, Eyeing New ATHThe BTC/USD chart shows a strong upward trend, approaching a significant resistance zone. Key levels to note include: 1. Resistance Zone (Green Area): Around 73,814, BTC is nearing a strong resistance area. Breaking above this could lead to a new all-time high (ATH) with potential targets of 90,000 and 100,000 USD per BTC. This suggests strong upward momentum if the breakout holds. 2. Pivot Line and ATH Line: The price has broken through a pivot level and is moving towards the ATH, indicating bullish momentum. The area around 71,400 serves as a pivot, potentially acting as support in the event of a pullback. 3. Support Levels: Primary Support: At around 64,905, this level may act as the first support if a retracement occurs. Demand Zone: Around 56,888, indicating strong buying interest. 4. Projected Path: The drawn projection shows a potential consolidation above the pivot level before making another attempt to break the resistance zone. This path aligns with the anticipation of a breakout if buying pressure sustains. In summary, BTC/USD is testing a key resistance level, with bullish potential for higher targets if it breaks above the zone. The pivot and support lines should be monitored closely for any reversal or retracement. Key Levels: Pivot Zone: 71400 Resistance Lines: 73810, 76370, 85000 Support Lines: 70000, 68000, 64900 previous idea: Longby SroshMayiUpdated 5
BTCUSD- SELL Strategy Monthly chartIt keeps on going higher, and ok on the basis of positive vibes under new upcoming administration. The technical picture is showing though, a negative divergence, i.e,. higher price and lower high RSI than the previous run of $ 68k (and change). It is very overbought, and this applies to all crypto. I would be very careful to suggest long, except if I trade it short-term. I would not hang on to it though for long. Strategy SELL @ $ 75,000-80,000 thereabouts and take profit @ $ 50,000.00. Wanted to write $ 40,000.00, but maybe to optimistic :) Shortby peterbokma8822
BTC #BTCUSDTi thin btc will going for this levels next months its just my idea and we will see by FALCON_EGYPTUpdated 1
MicroStrategy Purchases 27,200 BTC Worth Over $2Bln, $BTC up 2%In a bold move signaling confidence in Bitcoin’s future, MicroStrategy has acquired an additional 27,200 CRYPTOCAP:BTC , worth over $2 billion, bringing their total Bitcoin holdings to an impressive 279,420 BTC. This acquisition further solidifies MicroStrategy’s position as one of the largest corporate holders of Bitcoin, placing them ahead of many major institutions in the digital asset space. As Bitcoin continues to break new highs, the company is not only seeing massive unrealized profits but also positioning itself as a key player in the ongoing adoption of Bitcoin. MicroStrategy’s Bitcoin Strategy: More Than Just an Investment MicroStrategy’s co-founder, Michael Saylor, has long been a proponent of Bitcoin ( CRYPTOCAP:BTC ), often emphasizing the digital asset’s potential as a hedge against inflation and a store of value. With their latest purchase, MicroStrategy has made it clear that their bullish stance on Bitcoin remains unwavering. At an average purchase price of $42,692 per CRYPTOCAP:BTC , MicroStrategy's total Bitcoin investment has now exceeded $11.9 billion. With Bitcoin trading at new all-time highs, the company is currently sitting on an unrealized profit of over $10 billion. Saylor’s announcement not only highlights MicroStrategy’s commitment to Bitcoin but also demonstrates the company’s strategic approach to accumulating Bitcoin, especially during market downturns or periods of consolidation. But it's not just about the numbers. MicroStrategy’s commitment to Bitcoin is a reflection of a larger trend among institutional investors. The company’s purchase of Bitcoin continues to position it as the fifth-largest Bitcoin holder globally, behind only Satoshi Nakamoto, Binance, BlackRock, and Grayscale. What sets MicroStrategy apart, however, is its position as the top Bitcoin holder among publicly traded companies, owning a significant 1.2% of Bitcoin’s total circulating supply. Bitcoin’s Technical Outlook: Poised for Growth As of the time of writing, CRYPTOCAP:BTC has risen 1.56%, marking a continuation of the bullish trend that has dominated the market in recent weeks. While Bitcoin is already trading at elevated levels, the technical indicators suggest that the digital asset’s rally may be far from over. One of the most notable patterns on the CRYPTOCAP:BTC price chart is the falling wedge formation. A falling wedge is typically seen as a bullish continuation pattern, indicating that despite recent price declines, the asset is setting up for a significant upward move. The RSI is currently at 78, signaling that Bitcoin is in overbought territory, yet this doesn’t necessarily mean a price reversal is imminent. In fact, the overbought condition could be a reflection of the strength and momentum behind Bitcoin’s bullish movement, with room for further growth. Additionally, Bitcoin has formed a golden cross pattern, where the 50-day moving average crosses above the 200-day moving average. This is widely considered a highly bullish signal, historically associated with major price rallies. With these key technical indicators in play, CRYPTOCAP:BTC looks poised to break past the $90,000 level, a price target that seems increasingly achievable given the current market conditions. Global Economic Shifts and Bitcoin’s Growing Role What’s perhaps most significant about Bitcoin’s current trajectory is how its role is evolving on the global stage. As more institutions and corporate players like MicroStrategy continue to accumulate Bitcoin ( CRYPTOCAP:BTC ), it’s clear that Bitcoin is no longer seen solely as a speculative asset but as a legitimate store of value and a hedge against economic uncertainty. The increasing adoption of Bitcoin ( CRYPTOCAP:BTC ) by both institutional and retail investors has already begun to shift perceptions of the digital asset. The current economic climate, characterized by rising inflation, volatile fiat currencies, and increasing geopolitical tensions, has created a perfect storm for Bitcoin’s rise. As traditional markets struggle with inflationary pressures, Bitcoin's limited supply and decentralized nature are becoming more attractive to investors seeking a stable and predictable asset. MicroStrategy’s latest acquisition comes at a time when Bitcoin is nearing new all-time highs, and the company’s strategic positioning in the market reinforces the broader trend of institutional confidence in Bitcoin. As one of the largest corporate Bitcoin holders, MicroStrategy continues to lead the charge, and its actions signal to other institutions that now may be the time to accumulate Bitcoin. What’s Next for Bitcoin and MicroStrategy? With Bitcoin showing signs of further bullish movement, many are wondering just how high CRYPTOCAP:BTC can go in this current market cycle. With the support of key technical patterns, such as the falling wedge and golden cross, and MicroStrategy's unwavering belief in Bitcoin’s long-term potential, the stage is set for CRYPTOCAP:BTC to reach new heights in the coming months. The path ahead may still be volatile, but the overall trend remains overwhelmingly bullish. As the world becomes more familiar with Bitcoin ( CRYPTOCAP:BTC ) and its potential, both the institutional and retail sectors are likely to continue increasing their exposure to the digital asset. The combination of strong institutional support, favorable technical indicators, and Bitcoin’s role as a global store of value suggests that CRYPTOCAP:BTC could be on the verge of breaking through the $90,000 barrier—and possibly even higher. For investors, traders, and institutions, MicroStrategy’s latest acquisition is a signal of what’s to come: Bitcoin is not just a speculative investment but a powerful asset in today’s global economy. With a growing number of institutional players following in MicroStrategy’s footsteps, the future of Bitcoin has never looked brighter. Conclusion MicroStrategy’s latest purchase of 27,200 BTC underscores the company’s continued belief in the long-term potential of Bitcoin. With the company now holding nearly 280,000 BTC and seeing significant unrealized profits, it’s clear that their Bitcoin strategy is paying off. As CRYPTOCAP:BTC continues to rise, MicroStrategy’s position as the largest publicly traded corporate holder of Bitcoin sets a precedent for other companies to follow suit. With Bitcoin's technical indicators suggesting further growth, CRYPTOCAP:BTC is primed for a bullish rally, and MicroStrategy’s strategic move could mark just the beginning of a broader institutional shift toward Bitcoin.Longby DEXWireNews5
Bitcoin’s Bullish Setup: Strong Patterns, Big TargetsBitcoin’s chart is firing up with bullish energy, and the technicals are setting the stage for something big. 1. Cup & Handle Power Moves: The breakout above $69,000 put $88,000 on the radar. Now, the recent surge past $82,000 has Bitcoin aiming for a bold $137,000. Big targets, serious potential. 2. Bullish Flag Flow: March’s flag breakout was a green light for more upside, locking in momentum. If BTC takes a quick breather, $80,000 is ready to step up as solid support. 3. Trend & Momentum: SMA 20 cruising above SMA 150 keeps the trend looking sharp. RSI’s pushing into overbought territory—momentum’s on fire, though a dip near $95,000 wouldn’t surprise anyone watching closely. Bottom Line: Volume’s backing each move, showing demand is strong. With clean patterns, fierce trend support, and bold targets, this chart doesn’t just look bullish—it’s got style and swagger to spare. Longby GarryBlackUpdated 222
Retest of the $77,000 level, what's nextOn Sunday, bitcoin retested the $77,000 level. The $77,000 level will act as a serious resistance level in the near future. At the moment, it is necessary to go down to the level of 74000-72000 in order to remove the liquidity of longs. From there, it is already rational to go to a new high of $ 80,000.Shortby btc_hero2
Bearish divergence Looks like a bearish divergence has formed on the 1hr chart with the RSI. Might cool off a bit right hereShortby mjaspan21331
BTC MAKING NEW ALL TIME HIGHSBears are in disbelief. The halving cycle is once again playing out EXACTLY the same as in the past. Roughly 6 months after the halving, Bitcoin breaks consolidation and pushed parabolically to new highs. This was my base case, so it is nice to see it confirmed. All we had to do was wait a bit. Enjoy the ride. Longby ScottMelker5
Btcusd Confirm Sell Bitcoin price hit a new all-time high of $76,825 on Thursday, November 7, and continued to consolidate above the $76,000 level on Friday. On-chain data trends show unusually high demand for BTC among US-based traders on Coinbase over the past two weeks. Shortby FxJohnson3
Bitcoin the Dominatrix: Leading the Crypto Charge💥👑 Bitcoin the Dominatrix: Leading the Crypto Charge 📈⚡️ Hello everyone! Bitcoin is asserting its dominance yet again! Following a period of geopolitical turmoil, Bitcoin has not only held steady but has begun pushing through resistance near $69,000, underscoring its strength and growing market share compared to altcoins. Dominance Highlights: Bitcoin vs. Altcoins: Bitcoin is up 1.43%, while Ethereum lags at 0.49%, and altcoins overall are down 0.9%. This trend reflects Bitcoin’s expanding “dominatrix” role in the crypto space, capturing a larger slice of the market with every price rally. Safe Haven Status: Like gold, which is also hitting new highs, Bitcoin is behaving as a safe-haven asset, especially appealing in volatile times. Investors continue to favor it for stability, and its price action is suggesting a potential next target of $79,000, with further levels to monitor. Future Price Potential: As we look toward 2024, Bitcoin’s path may lead it to all-time highs, with targets of $115,000 and even $160,000 on the horizon, as post-election market movements often fuel further growth. Bitcoin’s strength is undeniable, but resistance levels should be watched closely for those trading this wave. With each step, Bitcoin solidifies its role as the leader in crypto. One Love, The FXPROFESSOR 💙 Charts: Bitcoin Dominance 15m : Bitcoin Dominance 4h: Bitcoin: Alts Total3: Long05:41by FX_ProfessorUpdated 1110
Detailed Breakdown and Analysis of BTC/USD 1D Chart 1. Wyckoff Phases and Structure: Phase A: Marks the end of a downtrend with a Selling Climax (SC) followed by an Automatic Rally (AR). This suggests a shift toward accumulation. Phase B: Accumulation or distribution phase with multiple sub-waves, featuring Secondary Tests (ST) and Show of Weakness (SOW). This phase shows market indecision. Phase C: Potential Spring or final test before a breakout. The 72,000 resistance level acts as a critical boundary within the range. 2. Fibonacci Levels and Extensions: 1.236 extension near 91,292.60: This is a critical upper boundary, where wave 5 might face resistance. 1.618 and 1.786 extensions (78,271.82 and 80,940.70): Targets that could provide confirmation points for wave 3. 0.382 and 0.618 retracement levels (69,586.55 and 63,087.57): Support levels during possible wave 4 pullbacks. 3. Wave Counts and Elliott Wave Structure: The Primary Wave Count shows the development of an impulse wave (1, 2, 3, 4, 5). BTC is currently in wave 3, with a potential pullback into wave 4. Complex Corrections: Wave 2 and Wave 4 corrections are marked as shallow or complex, indicating variability in the depth of the corrections. Wave 5 Projections: Wave 5 might extend to new highs with targets at 84,340.33 (1.618 extension) and 91,292.60 (1.236 extension), subject to volume confirmation. 4. Inducement and Confirmation Zones: Inducement Points: Levels like 73,805.27 and 80,940.70 could attract traders, potentially setting up for pullbacks. Confirmation Zones: If BTC stays above 78,271.82, this would confirm the continuation of wave 5 upward, reinforcing the bullish outlook. 5. Key Support and Resistance Levels: Support: 52,500 acts as a key lower boundary. Resistance: 72,665.73 represents significant overhead supply within the B/C distribution phase. The current strong low is around 63,087.57, and a break below this level would invalidate the bullish structure. 6. Volume Divergence and Trend Indications: Volume Divergence: Expected around 77,727.09, indicating potential exhaustion of buying momentum as prices approach upper resistance zones. A potential Diagonal Wave 5 could signal a reversal or significant correction after it completes. 7. Projected Future Movements and Strategic Points: Upside Targets: Key targets for wave 5 completion are between 84,340 and 91,292. Wave 4 Retracement: Anticipated retracement zone between 69,586.55 (0.382) and 63,087.57 (0.618), offering potential entry points if the price respects these zones. Wave Invalidations: A break below 63,087.57 would invalidate the current wave structure and could signal a deeper correction. Summary: The analysis combines Wyckoff accumulation/distribution with Elliott Wave and Fibonacci levels to map out BTC’s potential price path. The structure suggests BTC may continue higher if it stays above key support zones, with upside targets around 84,000 to 91,000. However, a break below 63,087.57 could invalidate the bullish wave count, leading to a bearish shift.Longby spacedevilUpdated 7