Bitcoin ConsolidatesBitcoin appears to be consolidating after the major move up. Volume is slowly dropping and price is chopping. This usually is considered bullish and is the calm before the next storm. I have no concerns right now with Bitcoin.
BEARUSD trade ideas
November 120 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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Here is the Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
I created a strategy with the Nasdaq rise, minimum sideways condition, and
Tether dominance vertical decline condition.
*One-way long position strategy when the red finger moves
1. Pursue purchase at $93,353 / Stop loss price when the green support line breaks
2. $95,367.5 Good section 1st target price -> Great 2nd target price
While analyzing, one more candle was created,
but there is no big difference and the perspective is the same, so I will go with it.
Depending on the situation today, the final
long position push section is section 1, and the stop loss price is the same,
Good section autonomous short -> Top autonomous long
operation section, so I think it would be good to use it.
Up to this point, please just refer to and use my analysis,
and I hope you operate safely with principle trading and stop loss price.
Thank you.
Potential bullish rise?The Bitcoin (BTC/USD) has reacted off the pivot which acts as a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 86,584.45
1st Support: 83,335.94
1st Resistance: 92,840.85
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Bitcoin's Path to $185,454: The Fibonacci Story
BTC/USD Cyclical Fibonacci Projection Analysis
Bitcoin's price action has historically adhered to a repeating pattern when projecting Fibonacci extensions after breaking above the 100% retracement of the previous cycle. Each time BTC reaches this milestone, it has continued to rally toward the 2.618 Fibonacci extension level.
Historical Context:
1. Cycle 1 (2013–2017):
- Duration: 45 months
- Target: The 2.618 Fibonacci extension was achieved at $3,191.
- Performance: After breaking above the 100% retracement, BTC rallied 136%, taking 4 months to reach the target.
2. Cycle 2 (2017–2021):
- Duration: 39 months
- Target: The 2.618 Fibonacci extension was reached at $54,209.
- Performance: BTC gained 86% after closing above the 100% retracement, achieving the target in 3 months.
In both cycles, after breaking the 100% retracement level, Bitcoin reached the 2.618 Fibonacci extension in approximately 3–4 months.
Current Cycle (2021–Present):
- Duration: This cycle has spanned 36 months so far, with the projected timeframe to hit the 2.618 Fibonacci extension being 40 months, based on historical cycles.
- Target: The 2.618 Fibonacci extension for the current cycle is projected at $185,454.
- Performance Projection: If the historical pattern repeats, Bitcoin could experience a 90% gain from the breakout point after closing above the 100% retracement level.
- Timeframe: Once the breakout occurs, Bitcoin may reach the 2.618 Fibonacci extension within 4 months, aligning with prior cycles.
Key Insights:
- Fibonacci Extensions: Bitcoin's historical rallies have consistently peaked at the 2.618 Fibonacci extension, making $185,454 a highly significant level for this cycle.
- Cycle Duration: With the current cycle at 36 months, we are approaching the expected breakout phase, mirroring the timelines of prior cycles.
- Timing and Growth: The previous cycles achieved gains of 136% and 86%, while this cycle projects a gain of 90% from the breakout point.
Conclusion:
If Bitcoin breaks and closes above the 100% retracement level in the current cycle, historical data strongly suggests it could rally to $185,454 within the next 4 months. This projection aligns with Bitcoin's cyclical tendencies and Fibonacci-based targets, offering a compelling case for a major bullish move.
👨🏻💻💭 Do you believe Bitcoin will reach $185,454 in the next 4 months? Let’s discuss this cyclical trend below!
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BTC Harmonics/ Price Action over next 2-3 weeks Those who follow me know I use Harmonics to trade. Very reliable when they are identified properly. This is an embedded Harmonic which can throw some traders off if they do not identify both. The dominate and the subordinate Harmonic. In this case we continue to see hard rejection in price of BTC. It continues to try and stay above 92k, but has not won that battle and I believe it may retrace again. It will either take a short term retrace slightly below 92k or a long term deep retracement to 84k. Given the CYPHER pattern being the dominant Harmonic if price action quickly drops and goes below 92k I would expect price to struggle and sell off in dramatic fashion (with Holidays approaching this is a high possibility).
This sell off may also cause ALTS to rise as the weak hands also sell & flee to other "rising" tokens to avoid losses in BTC.
So we have 2 options here. The short term retracement would be ideal, but in the even t it does not hold at 92k- BTC will take a deeper dive to re-establish itself and clear out the market back to 84-84k.
When BTC reaches 84-85k.. a Cypher will deliver very dull and sluggish price action. It will give contradictions in its ability, but that's what this Harmonic does. It rises and falls in a slow fashion- designed to create doubt, and make traders second-guess the bottom. It is of my opinion regardless if price rejects short term or long term that general price action will be a mix of sluggish/ slow/ jerky/ unpredictable price action, but overall BULLISH.
Bitcoin short term bullish to new ATH!Bitcoin is now on a consolidation phase forming a triangle correction pattern, thrust measurement suggests price targets around 95-100k.
BTCI believe Bitcoin will move down to the 91,000 support zone on the 4-hour timeframe. This level is likely to hold, leading to a bounce. Following the rebound, Bitcoin could gather momentum, break through resistance, and potentially reach the 100,000 level.
BTC looks like its just about ready to target sellside.Last Time I did this, i had upset a handful of traders, Without going too deep into it, I do think Bitcoin is just about ready to target some sell side objectives. If a new ATH is printed it would invalidate this idea based off of the Limitless Entry Drill.
Do what you want with this information & as always Happy Trading ⚡
Please remember to Like Comment & Follow my Trading view!
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Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions!
Bitcoin Bullish Direction BTC Has Seems in Chart Direction To buy Side so we have some pips So I Tell You Here We Sit In Buy Side Current Price 92,500 Resistance Zone 95,000
You May Find more details in the chart.
BTC Top NFA, DYOR.
Food for Thought: Rate Cut - Geopolitical Tension - BTC is up how much from the bottom? - Coinbase App Store - Retail hopping on Solana.
Enjoy.
BTCUSDForex trading involves higher leverage (up to 50:1) and 24/5 market access, focusing on currency pair movements affected by economic data, interest rates, and geopolitical events - the key risk is that high leverage can quickly amplify losses, plus overnight positions face swap fees and gap risks during major news. Stock trading typically offers lower leverage (2:1 to 4:1), operates during exchange hours, and focuses on company fundamentals, earnings, and broader market sentiment - main risks include earnings surprises, market volatility, and lower liquidity in individual stocks compared to major forex pairs, while key advantages include better transparency through public financial reports and generally lower spreads than exotic forex pairs.
BTCUSD - Channel CreationI think this bull move has extended to the top of a possible channel that is being created
The bottom trend line of this channel is very strong so I am assuming another touch of this line.
Still favors the bulls
Continuation
Will Bitcoin ever break above it's old trend line again ? The point of this chart is not to look at future peaks, although we will touch upon it. The point is to take a dive into the indicator called the BTC log regression {Rainbow Dark} that is based on the Fibonacci sequence and the possible transition to the lower band from the top band.
Bitcoins entire history has been on the upper band of this log and in the recent crash of this year it has broken below. It did break this upper band support once before it the covid crash of 2020 marked with the orange circle. Price action broke through but as we can see it quickly recovered and held as support into the eventual bull run. This sequence of events seems to have left us a couple of clues, being the first time there was a substantial breach of the bottom and the bull run not hitting the top. I think yes, it could telling us that Bitcoin is now transitioning {reset} to the lower part of the band and it's most likely could be the new trending range. To confirm this theory we need two touches, one on top and one on the bottom.
In my opinion the only questions that remains is which line will be touched first and what will be the path. I do believe the top of this lower band could be the top of Bitcoins next bull run and the bottom of could be the bear market, of course only time will tell. I do not believe we ever go to top of the band ever again and could possible be the new resistance point for future bull market tops.
Just purely on looking at this lower band and assuming that we have a new bull market that tops in March of 2025, price point is showing a possible of just over 200k top.
My speculation is bitcoin moves towards the top first and then touch the lower part of the band later next year at relatively the same price point as now which would mark a double bottom that ultimately sparks the new bull run. There is only one thing for sure, Bitcoin will surprise everyone.
Keys to look at is the stochastic RSI. this will show which way momentum is going.
This is not financial advice and should not be taken as such. it's an observation.
Thanks for looking and leave comments below.
Bitcoin Bullish Perspective Amidst Range-Bound TradingHello,
Bitcoin is currently within the accumulation and re-accumulation range bound. Despite the possibility of a price dive towards the 50k zone, our bullish perspective on BTC remains unchanged . Corrections are a natural part of market cycles and often pave the way for further strength to emerge.
We are currently observing a potential descending broadening wedge formation on the chart, which can be seen as a bullish pattern. The chart provides a clear overview of the situation and can help inform your trading decisions.
The price has recently broken an important trendline and is currently attempting a pullback towards this trendline. We anticipate a rejection from this level, which could fuel a major drop towards an important demand area for significant bitcoin accumulation. We will provide more updates on this analysis to keep you informed without overwhelming you with unnecessary details.
Your support and engagement with this view are greatly appreciated.
Thank you!
Here is why we may see 1Million per BTC this time next yearI have been posting about this 2013 to 2017 ATH Fractal for about 2 years now and it is Still following on very Nicely.
PA fell below in 2022 due to the pressure from the {Pressure on Crypto from the USA and the following Collapse of LUNA and then FTX
But PA caught back on in Jan 2023 and we have pretty well been on the fractal since then.
There are a number of other supporting points that back this all up, including the Similar Monthly Candle close colours from previous years
We have only ever seen a RED August followed by a GREEN Sep and October on 3 previous occasions. 2015 & 2016 and then again in 2023 and just now , in 2024 makes the 4th.
To me, this backs up the idea that PA is following the 2013 - 2017 Fractal.
2015 August -30% Sep +18% Oct +41%
2016 August -26% Sep +14% Oct +24%
2023 August -16% Sep +14% Oct +37%
2024 August -23% Sep +30% Oct +30%
It has to be said, this years Growth does outshine the previous years mentioned due to ETF and sustained positivitey.
If we zoom in to see the PA from Nov 2021 to now, we can see in more detail how this has worked out.
AND, if this continues as it has since Nov 2021, we could be seeing a near $1Million BTC by around Nov 2025
Hang on, this could get VERY interesting
BTCUSD at 100k. And then what?Sharing an idea about Bitcoin and its potential further path.
Let me know if you agree or not.
CRYPTO:BTCUSD EASYMARKETS:BTCUSD
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BTCUSD-SELL strategy Daily chartI am not sure what the term is for those buying at current prices, but I feel there is extreme danger for those hanging on to BTC. the daily chart is extremely overbought, and in fact overall it is good to look into history "Tulipmania" to get the idea of the what I am talking about.
I feel considering GANN circle and RSI it is SELL.
Strategy SELL @ $ 89,500 - 93,500 or higher and take profit first @ $ 83,000 but feel we may see $ 75,000 thereafter and lower.
BTCUSD: When its Overbought, this is when you should buy more.Bitcoin has again turned overbought on its 1D technical outlook (RSI = 77.715, MACD = 6007.800, ADX = 49.688) as the price crossed over the top (LH) of the Triangle pattern that had us consolidating for the past 3 days. The 1D RSI is already over the R1 level and that should cause the bullish breakout of the price to accelerate. This breakout happened after the 1H MA100 was tested 3 times and held. As long as it keeps holding, we expect Bitcoin to target the 2.0 Fibonacci extension (TP = 97,000) of the previous LH.
See how our prior idea has worked out:
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BTC USD price prediction on 2024 - 2025Hello everyone!
BTC/USD - accurately
predicting the continue of uptrend
tendency on 2024 - 2025 yy
Min price target - 100 000$
Middle price target 120 000$
Max price target 130 000$
Attention!!!
Do not in any way take this analysis for practical use in trading or investment purposes.
This is only a subjective assessment of the future for this financial instrument!
Trading is always a Risk!
Kind regards, Team Traders "PowerfulTraders"
BTCUSD-SELL strategy Daily chartIt is not difficult to see, that a large scale correction is on the cards again. It has moved up on speculative hype, and further, some whales buying into it.
Strategy SELL @ $ 89,500 - 92,500 and take profit near $ 78,000
BITCOIN FIB RELATIONSHIPS IN TULIP BLUB AREA The chart posted is all the math I will work now on the SPIRALS in the golden ratio in TIME this weekend and POST . have a good weekend BULLS BEARS PIGS
Bitcoin will hit 100 000 usd in 30 days with or without you🔸So I'm tired of all the bearish BTC charts popping up on
page one and getting 500+ likes doesn't make any sense to me.
My target is 100 000 USD in 30 days or less, so in December we will hit it.
🔸Previously recommended buying low at/near 60 000 usd. trade made money.
🔸We just broke out of major trading range established since March.
This is SUPER bullish. Make no mistake about it. Also DJT won the Elections
this is another massive bullish catalyst. What else do you need?
🔸If you can't make money trading crypto next 30 days probably means
that trading is not for you, look for other opportunities. Harsh reality
and wake up call. If in 30 days or less you can't make 30% unleveraged
gain, it's time to look for other options somewhere else.
🔸Recommended strategy bulls: there will be a pullback. you got two
options. either market buy now and hold for 100 000 USD. or option2
is wait for a shallow pullback and BUY/HOLD from the BUY ZONE on
my price chart. so near 74/75K is the best reload for the BULLS.
good luck, traders!
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