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BEARUSD trade ideas

BTC SELL SETUP may not be moving as expected today due to several factors: 1. Low Volatility: Mondays, particularly the first trading day of the week, often experience low volatility as traders and investors analyze the previous week's market events and wait for significant catalysts. 2. Lack of Fundamental Triggers: If there are no major economic data releases or geopolitical events scheduled for today, the market could remain range-bound. 3. Holiday Effect: Sometimes, certain global markets might be partially closed or have reduced participation, especially if a holiday overlaps with the start of the trading week. 4. Technical Adjustments: Market participants might be waiting for key levels to be tested before committing to new positions, resulting in sideways movement.
OANDA:BTCUSD
by SadarExplore
RED LINE updateChart is with 4 hour candles. So far 2 full candle bodies have closed above the red line. If the red line will act as support then it's going to go off. I'm expecting a pullback from this level but it could be very explosive in either direction. I'm expecting the bull market to play out on a longer time frame... like the next 8-12 months. So it would be expected to have some pullback to make a much larger move later in the cycle. That being said I can't really ignore this trading level.
BITSTAMP:BTCUSD
by Narsty_Boy
Bitcoin: Bitcoin is still above 100,000 dollars!Bitcoin is above the EMA50 and EMA200 in the 4H time frame and is trading in its ascending channel. Risk On sentiment in the US stock market or investing in Bitcoin ETF funds will lead to its continued upward movement. which will cause the failure of the resistance zone(ATH) . After the authentic failure of this area, we will see Bitcoin reach the ceiling of the channel. Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way for Bitcoin to decline. The target of this downward movement will be the level of 92 thousand dollars. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. Last week, Bitcoin spot ETFs saw capital inflows on every single day, recording a total of $2.2 billion in investments.Similarly, Ethereum spot ETFs continued their strong performance from the previous two weeks, accumulating approximately $1 billion in inflows last week, which is a significant amount. Meanwhile, Microsoft shareholders voted against the proposal to add Bitcoin to the company’s balance sheet during its annual meeting on December 10. The resolution was introduced by the National Center for Public Policy Research (NCPPR), a free-market think tank based in Washington, D.C., which framed the proposal as a way to provide value to shareholders through profit diversification. However, the shareholders ultimately rejected it. Daniel Batten, an environmentalist and Bitcoin advocate, claimed that Alex de Vries’ “singular opinion” in 2018, as the founder of Digiconomist, was the foundation for all flawed studies on Bitcoin’s environmental impact. Batten argued that this misinformation has led to widespread misunderstandings among the public, investors, and policymakers, causing Bitcoin to be mistakenly seen as an environmental threat. However, newer studies suggest that many of these claims are incorrect, and Bitcoin could even have environmental benefits. He emphasized that Bitcoin’s energy consumption is not tied to the number of transactions and that the network can exponentially increase transaction volumes without raising emissions. Robert Kiyosaki, a Bitcoin investor, entrepreneur, and author of the bestselling book Rich Dad, Poor Dad, has once again predicted an imminent major crash and urged his followers to buy Bitcoin before it happens. In his recent tweet, Kiyosaki specifically addressed the Baby Boomer generation, to which he belongs, highlighting that Bitcoin is a new and confusing asset for many in that demographic. In his tweet, Kiyosaki wrote, “The biggest crash in history is coming. Please act early and get rich.” This warning came as Bitcoin surpassed the $100,000 mark for the first time in history. Earlier this year, Kiyosaki predicted that Bitcoin would reach $500,000 by 2025 and as much as $1 million by 2030, citing AI-based forecasts for his projections. The number of daily active crypto users has reached an all-time high of 18.7 million, a sharp increase from just 7.7 million at the beginning of 2024. A group of Amazon shareholders, led by the National Center for Public Policy Research (NCPPR), has suggested that Amazon invest at least 5% of its assets in Bitcoin. They argue that Bitcoin has outperformed most asset classes, including corporate bonds. Notably, MicroStrategy, a company that has integrated Bitcoin into its treasury management, has seen its stock outperform Amazon by a significant 537% over the past year. Meanwhile, BlackRock recently purchased an additional 3,910 Bitcoin, bringing its total holdings to approximately 535,000 Bitcoins, valued at $53 billion. As the world’s largest asset manager, BlackRock has shifted its focus to Bitcoin and Ethereum while delaying the launch of any new altcoin-based ETFs. The head of BlackRock’s ETF division stated that the company now aims to expand its existing Bitcoin and Ethereum ETFs, given their stellar performance so far. Additionally, Michael Saylor, Executive Chairman of MicroStrategy, hinted at another Bitcoin purchase in a recent tweet. He wrote, “Does saylortracker miss a green dot?” This cryptic message appears to reference yet another significant Bitcoin acquisition by Saylor. Similar messages from him in the past have often preceded announcements of large Bitcoin purchases. For instance, Saylor has previously teased major Bitcoin buys through similar tweets, which were later confirmed. Nasdaq also announced that the largest Bitcoin-holding company will be added to the Nasdaq-100 index starting December 23.
COINBASE:BTCUSDLong
by Ali_PSND
$BTC 4Hr Analyzing the CRYPTOCAP:BTC coin chart on the 4-hour timeframe: - **Symmetrical Triangle**: A well-structured symmetrical triangle is visible, with equal angles on both sides, indicating potential for an imminent breakout. The price is currently below the upper resistance line, suggesting a possible upward movement soon. A target around $113k has been discussed based on the pole of this pattern. - **Bullish Divergence**: There have been instances of bullish divergence with RSI on the 4-hour chart, particularly noted in May and July 2024, where the RSI was not confirming the price lows, suggesting underlying strength. - **Bearish Divergence**: Conversely, bearish divergences have also been observed, especially when the RSI was overbought, indicating potential short-term pullbacks or corrections. This was notably seen in November 2024, signaling a possible reset before further upward moves. - **Resistance and Support Levels**: - **Resistance**: Key resistance levels were noted around the psychological barrier of $100,000, with movements above this level suggesting strong bullish momentum. - **Support**: The price has found support at various levels, with significant attention being paid to where the 50 EMA and other moving averages lie, particularly after the price drops. - **Trendline Analysis**: The 4-hour chart often shows Bitcoin testing its trendlines, both as support and resistance. A bullish move is often confirmed when the price breaks and holds above these trendlines. - **Volume and Market Sentiment**: There's been discussion about distribution and HODL-ing behavior, with the Long/Short-Term Holder Supply Ratio dropping, suggesting less long-term holding and potentially more active trading or distribution. - **Price Targets**: Based on various analyses, especially around breakout scenarios from patterns like the symmetrical triangle, targets have been suggested around $113k, with some posts on X indicating this could be reached quickly in a lower timeframe setting. - **Current Sentiment**: The sentiment from X posts shows a mix of optimism for continued upward trends with cautions for potential corrections. The recent activity around $100,000 has sparked discussions on whether Bitcoin will continue its bullish run or face a significant correction. In summary, the 4-hour chart for CRYPTOCAP:BTC shows a battle between bullish and bearish forces, with technical patterns like symmetrical triangles indicating potential for significant price moves. The emphasis on divergences, especially with RSI, gives clues on momentum, while the community on X watches for breakouts from key levels to confirm trend directions. Always consider that crypto markets can be influenced by broader market sentiment, macroeconomic news, and regulatory changes, which can alter technical predictions.
COINBASE:BTCUSDLong
by One1D_Trader
1
BTCUSD Wyckoff Accumulation Phase completedLets assume that the strength in the US dollar wont last for too much longer, as Central Banks try and work out how many more trillions are needed in the system. The BTCUSD had been in a trading range for some time and this week we convincingly left it, with a big dose of Bullish price action. Will it last? IDK. I am long BTCUSD so I am fundamentally in the Bitcoin 🚀 camp so I am also talking up my own book. However, if we look to Wyckoff and transpose his teachings on the stages of the accumulation phase, we get quite a convincing outlook to the upside. It could all be down to the fact that we see what we want to see, or it could be a run on the banks to the crypto-sphere.
COINBASE:BTCUSDLong
by Macrobriefing
3
#202450 - priceactiontds - weekly update - bitcoinGood Evening and I hope you are well. tl;dr bitcoin: Neutral. Market went nowhere last week. It’s testing and trying above 103k and it could not close a daily bar above it for now. I have a measured move at 110k but that’s about it for me. Obviously bears are not doing anything, so either don’t trade or look for long scalps. Bears need a daily close below 94k to begin having arguments again. Quote from last week: comment: Market did it and pulled back 11%. What do you think happens on the next try when bulls get above 102k/103k again? Upside potential is very limited and once we trade below 90k, I do think the selling will accelerate. Previous ath in BTC were heavily sold and I don’t expect that to change now. We have a clear channel that’s pretty shallow and once other markets show signs of profit taking, I do think this one will too. I would be very surprised if we close 2024 above 100k. comment : I still doubt we can close this above 100k for 2024. Bears are obviously not doing anything for now. Does that mean this is a decent long? Hell no. Last target I have is 110k but I don’t care about this market until we see a daily close below 90k. current market cycle: Bull trend with a blow-off top. We are at the very end of it. It will turn soon. key levels: 90000 - 110000 bull case: I have one measured move that leads to 110k but that’s about it. The 11% pullback was already too strong to expect this to go much further. As long as bulls keep it above the daily ema, they remain in control. Did not change a word since last week because nothing has changed for the market. Invalidation is below 90000. bear case: Bears not doing enough. Won’t waste brain resources making up stuff here. Daily close below 90k, then we can talk. Invalidation is above 110000. outlook last week: short term: Neutral again between 90k and 104k. Clear invalidation levels given, now it’s about patience. I highly doubt bulls can get another leg up. → Last Sunday we traded around 100k and now we are at 103k. Nothing changed since market stayed inside the range. Good outlook. short term: Neutral again between 90k and 104k. Clear invalidation levels given, now it’s about patience. I highly doubt bulls can get another leg up. Same outlook was last week. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 next week. current swing trade : None chart update: Nothing
CRYPTO:BTCUSD
by priceactiontds
Bitcoin Breaks Through 102k Liquidity Zone, Girls Late to PartyBitcoin broke through the 102k liquidity zone acting as resistance for the past week. But it did so with low volume signaling some bearish divergence. Key Considerations: 1. Weak Commitment: Lower volume suggests that there may not be enough buyer commitment to sustain the breakout. Think of it like showing up to a party with a single girl and as soon as she realizes she's being ogled by a room full of broke bulls, she's gonna be the first one out of the door. 2. Potential Fakeout: A breakout with low volume increases the likelihood of a false breakout, where the price could fall back below the liquidity zone. 3. Lack of Conviction: The price holding above the liquidity zone on lower volume might indicate hesitation. What to Watch For: Price Action on Retest: If the price retests the liquidity zone and holds (even with moderate volume), it may still confirm support, but the next move up might be slower or weaker. This is bullish. Volume Spike: Look for a volume increase in subsequent candles. If volume starts to pick up, it can validate the breakout. A couple more girls arrive to the party just before everyone leaves. Divergences: Check for divergences in momentum indicators like RSI or MACD, which could signal a potential reversal. We have has a moderate amount at time of posting. How to Approach It: Cautious Optimism: Treat the breakout as tentatively bullish but remain cautious until stronger confirmation (e.g., a second retest or a breakout above the next resistance level with higher volume). Holden swears more girls are on the way
COINBASE:BTCUSDLong
by StonkMarketParty
2
BTC 110k Bitcoin (BTC/USD) is showing strong bullish momentum as it consolidates near its all-time high. Multiple technical signals point toward the possibility of a continued uptrend, with key bullish indicators aligning to support this view. Evidence for a Bullish Continuation Breakout from Consolidation: Bitcoin recently broke out of a symmetrical triangle pattern, a classic continuation formation. This breakout signals the resumption of the prior bullish trend and opens the door for further upward movement. Golden Cross: The 50-day moving average has crossed above the 200-day moving average, forming a golden cross. This is a widely recognized bullish signal, indicating the potential for sustained upside momentum. MACD Support: The MACD line remains above the zero line and has recently shown a bullish crossover, reinforcing the case for increasing buying pressure. This suggests that momentum is shifting in favor of the bulls, with no signs of immediate weakness. Strong Volume: The breakout has been accompanied by above-average volume, a critical confirmation that buyers are stepping in with conviction. This reduces the risk of a false breakout. Potential Upside Targets Short-Term Target: $110,000: The next psychological and resistance level for BTC lies around $110,000. If the bullish momentum sustains, this level could be reached in the short term. Medium-Term Target: $120,000: A continuation of the breakout could lead BTC to test the $120,000 level, a key zone where profit-taking might occur. Risk Management Support Levels to Watch: Immediate Support: $100,000 (psychological support and SMA). Critical Support: $92,000 (previous breakout level). Holding above these levels is essential for the bullish narrative to remain valid. Stop-Loss: Traders should consider placing a stop-loss just below the $100,000 level to protect against potential pullbacks. Trailing Stop: As the price rises, using a trailing stop-loss can help lock in profits while allowing room for upside potential. Conclusion Bitcoin appears poised for a bullish continuation as it consolidates near its all-time highs. With a breakout from consolidation, a golden cross, a bullish MACD, and strong volume, the evidence heavily favors the bulls. Traders should watch for a sustained move above $104,000 to confirm the next leg higher, targeting $110,000 and beyond.
BITSTAMP:BTCUSDLong
by Abdihalim1
BTC bulltrap incAs I continue to DCA BTC like I always do I am attempting to locate the next capitulatory zone. I think max pain would be to hit the fib extension around 110-111k and then have a rather quick dump to 87-91k. This would allow large institutions to get in below 100k one last time right around Christmas and start their 2025 positions. There is no guarantee this happens but this seems like a possible path to me. My plan: I will be selling all of my CLSK on this pump, I have been looking to get rid of miners for a while, they are trash tier investments. Since large investors can just buy the ETF why buy miners that dilute shares? I will be stopping adding alts after today until I see which direction we are headed.
BINANCE:BTCUSDShort
by Apollo_21mil
Bitcoin Technical Analysis: Rising Wedge Formation Signals PotenTechnical Analysis 1. Price Pattern The chart shows a Rising Wedge pattern, which is typically a bearish continuation or reversal pattern. This formation is characterized by price movement within converging trendlines, indicating weakening upward momentum. In this context, the Rising Wedge suggests a potential downside breakout if the price fails to break above the upper resistance. 2. Key Levels Major Resistance: $103,620, a critical level that must be broken with significant volume to confirm a bullish continuation. Psychological Support: $100,000, which acts as a key holding level in the event of a downside breakout Fibonacci Retracement Levels: 23.6% at $94,930, serving as the first support target after a breakdown. 38.2% at $89,554, which may act as a stronger support if selling pressure increases. 3. Relative Strength Index (RSI) The RSI is at 65.11, nearing the overbought zone. This suggests a potential weakening of bullish momentum and increases the likelihood of a correction. 4. Volume and Confirmation No clear signs of significant breakout volume are present, favoring the likelihood of a bearish scenario. Forecast 1. Bearish Scenario (Dominant): If the price fails to break above the $103,620 resistance and breaches the lower support of the Rising Wedge, it could initially drop to the $100,000 level. Continued selling pressure may drive the price further down to the Fibonacci 23.6% level at $94,930. In a more extended decline, the Fibonacci 38.2% level at $89,554 becomes the next target. 2. Bullish Scenario (Alternative): If the price breaks above $103,620 with strong volume, it could signal a bullish continuation, with the first target near $107,000. In this scenario, a tight stop-loss is essential to protect against potential false breakouts. Trading Recommendations Confirm Breakout Direction: Wait for a confirmed breakout (up or down) before taking a position. Short Position Strategy: If the price breaks below the Rising Wedge support, consider a short position targeting $94,930, while setting a stop-loss above $103,620. Long Position Strategy: If the price breaks above $103,620 with strong volume, consider a long position targeting $107,000, with a stop-loss below the breakout point. Risk Management: Employ strict stop-loss levels at critical areas to minimize potential losses.
BITSTAMP:BTCUSD
by Sai_Kuze
Bitcoin Eyes $107K: Key Levels to WatchBitcoin is showing bullish momentum, breaking through the key intraday resistance around $102,000. However, given the weekend, I am keeping my expectations realistic. 1. Ideally, I’d like to see either (A) a quick dip below $101,662 followed by a prompt recovery, or (B) sustained price action above $101,662. Both scenarios would significantly increase the likelihood of a bullish move toward the critical resistance at $107,000 in the coming days (as per the green projections). 2. Conversely, a drop below $98,984 could lead to choppy price action, a considerable slowdown in momentum, and a high probability of retesting the $94,650 level.
BINANCE:BTCUSDLong
by Trade-Lean