BTCUSDH2025 trade ideas
Altcoins maintain inverse relationship, look at MEMECOINS!Interesting
Majority of #altcoins were lower for most of the day
Except $JASMY!
$BTC opens, goes LOWER & many #altcoin go UP!
Granted, not by much but the inverse is amazing!
#memecoin MOVING
$VOLT $SHIB are we at the last stages of this run?
Not good for bottoming
$BTC $ETH & Altcoin data, Memecoins running, what it mean?Important short term🧵
$BTC RSI not showing good signs, NEG divergence
#BTC HAS BEEN LEADING the rally but it's weakening
We've posted on this $TOTAL 3 doing ok
#memecoin running usually @ end of runs
#bitcoin MUST hold support levels
MUST hold number is 18kish
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2
$DXY running & RSI over 50 again
BAck to #crypto
$Total = ALL including $BTC & $ETH
Not showing recent strength of Total 3 = #altcoin
They all still have a ways to go to break down trend
Although #BTC HAS done it on it's own
#bitcoin has been LEADING until now
Rest time?
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3
$BTC broke downtrend not long ago & struggled
24k has been issue = MAJOR RESISTANCE &
NECKLINE for Inverse Head & Shoulder = BOTTOM
Now $ETH RSI looks ok
However HUGE resistance @ 1700 area
#ETH hasn't broken downtrend
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4
$BTC is to $DJI = $ETH is to $NDX
#DJI broke out before #NDX did
Very likely #BTC broke already & #ETH will follow
We'll likely take another month or so to realize the bottom
$TOTAL 2 = No #bitcoin, includes #ethereum & #altcoin, looks ok
We'll see how all pans out
Gnight
BTCJust a guess like everyone else, but I think it does an inverted H&S or C&H type pattern
If the Fed does their job, they go .5% this meeting which drops everything back down. I don't see crypto rising until after the March meeting.
Like I said, just a guess, don't hate me if I'm wrong, lol. Plus the bulls should be happy since I put an up arrow at the end. Just bearish since everything is overbought on the daily charts including crypto.
Be carefulBe careful - bitcoin over bought , very similar to the last little short squeeze , there’s a possibility 9k could be hit on a long squeeze
Reposting list for Altcoins, many have run nicely alreadyDO NOT FOMO on #crypto (Don't be noob)
DISCIPLINE
Buy on pullbacks
Keep number where you want to limit losses (stop loss)
Here is a nice list of good fully diluted #altcoins
Many have gone up already
DO YOUR OWN DD!
PLEASE SEE LINK BELOW!
More data on $BTC, I'll leave the decision to YOU!PLS SEE PROFILE FOR ALL DATA
1/
#FED gave what #markets wanted
But what about #crypto, especially $BTC
#BTC was breaking 24k & lost steam
Buy volume kicked in nicely AFTER meeting
However, daily was not great, subpar
#bitcoin has a battle
Does look better than all of 2022
RSI HOLDING overbought = GOOD
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2/
#bitcoin broke 24k June 13, 22 & has STRUGGLED to break above it
Highest $BTC readings since Jan 21! = GOOD
NOW HERE IS THE 🗝️!
When does the RSI reading tend to get that high?
Showed the upcoming $BTC chart few times already
#crypto
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3/
Current RSI shot up HARD!
Let's keep going
When does DAILY #BTC RSI reading tend to get as high as it currently is now?
Hint - Light GREEN on RSI
What about WEEKLY $BTC?
Current RSI SAME as it was @ A BOTTOM
B Bottom was lower
FYI 90+ reading on #bitcoin = TOP
#crypto
BITCOIN - CME Gaps #BTC $BTC💰 #BTC is between two CME Gap right now☝️
⬆️Higher CME Gap | 27.355 - 28.920
⬇️Lower CME Gap | 19.550 - 20.985
$BTC monthly data that IS important vs what others are sayingMany on CT and other socials are talking about green candle close for #BTC on monthly chart
NOT IMPORTANT!
What's more important?
Red Mov Avg!
Stops $BTC advance
VOLUME!
Look @ A & B, this January is heavier than those bottoms
Uptrend!
Higher low = UPTREND in tact
#bitcoin #crypto
ADDED FROM ANOTHER POST
Reviving thread
Used Weekly charts
$BTC broke downtrend, decent volume
#BTC volume IS better vs A & on PAR with B
#Bitcoin had Bullish Moving Avg Crossover 1-3 months after LOWS, now in process after 2 months
RSI reached overbought:
4 months on A & 5 months on B
Interesting!
BTC will get "squeezed" price action soonZoom in on current $BTC state
See our profile
#BTC volume DYING out
Makes sense with #Fed talking & US #Dollar "basing"
#Bitcoin has also had a nice run
Notice swings are getting LARGER
Ultimately, going 2b squeezed one direction or another
Keep eye on RSI & Volume
Possible BTC Routes A possible bullcase for bitcoin, the GME gaps. There are gaps around $20k, $27.5-28.5k and 35k. The gaps are the difference in price from futures close on Friday and futures open on sunday. These gaps tend to be "filled" next time the price action covers that area.
Considering the current price action, bitcoin has the possibility of filling the gap at $20k while it retests its current breakout, before proceeding to fill the $28k gap. If it fails the restest of $20k, we'll have to see if it can hold $19.5k. Personally I see the orange line playing out, where bitcoin retests $19.5k before it goes higher. Keeping an eye on the dollar. I feel like any sudden moves sends this back to <$21k.
Would be quite the bull trap if this goes to $28.5k before rug pulling for 2H 23. Getting interesting.
$BTC bearish engulfing light volume - Now what?1
Said MANY TIMES 24k would be HARD for $BTC
#BTC high = 24080
DAMAGE DONE:
Short up trend broken
Bearish engulfing but LIGHT volume
STILL IN PLAY:
Breakaway Gap
Inverse Head & Shoulder
RSI above overbought, red dotted line
#bitcoin playing out as expected
Rest of #crypto?
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2
#Bitcoin BULLISH WEEKLY CROSSOVER soon?
Bearish crossover happened DEC 22
$TOTAL 3 = #crypto #altcoins - hasn't looked as strong as #BTC
RSI been going lower but currently resting @ red moving avg, holds = good
1 last thing
$BTC 4Hr hasn't traded under avg's since Dec 30
$BTC will likely struggle here, we've said 24k many timesA LOT going on #BTC
$BTC RSI is holding strong
Keep👀on:
VOLUMW
Where we CLOSE
Short up trend, dotted white line
Hype, Euphoria OR Disbelief in rally
Good fight #bitcoin is putting up
Different chart
$TOTAL RSI not looking good = ALL #CRYPTO
Be weary of a BEARISH ENGULFING pattern with volume!
BTC BITCOIN Price Estimates Great job so far everyone especially those who maintained composure through the onslaught of negativity stack. According to estimates and calculations from stikstockitslive, btc can see a fair value trading of 32,000 in the near term.
THIS IS NOT FINANCIAL ADVICE
$BTC @ Inverse Head & Shoulder Neckline (Resistance) Just want to show 1 more post
Listening to YouTube while finishing off
$BTC is @ top part of range
While some #altcoin can still run #btc will likely have hard time here
#bitcoin RSI is 🐝autiful though
#crypto
BTC Futures Rising Wedge Forming, confluence with newsI frequently chart the BTC CME Futures chart alongside a normal BTC Exchange chart. The difference between them is that CME is closed for the weekend and operated by a regulated group. This means the CME chart can frequently show different trends/patterns as it removed a lot of the noise, unnecessary wicks, etc that can come from exchanges trading over the weekend.
I'm watching the early stages of this rising wedge forming. It's a bit early to call it a confirmed pattern still but worth putting on the radar. I often like to find confluence in charts aligning with news; I don't trade news but news is often a perfect catalyst for patterns to breakout. So what I have shown in the chart is a pattern that comes to an apex in about a week's time. And we have February right around the corner with a lot of news coming out, specifically the FOMC meeting minutes releasing on February 1st. This would be the perfect catalyst to create some volatility, quickly eliminate overleveraged longs and shorts, and then push for a pattern break of the rising wedge.
Marking this idea as short as I am bearish overall and ready for a market reset, but note that this chart displays an idea where BTC gets one more push higher at the beginning of this week.
Happy to answer any questions people have on this idea!
Bitcoin CME Report for Tuesday 17 Jan 2023 to Tuesday 24 Jan 202CME Overview:
Bitcoin and crypto, in general, have had a major run starting most significantly since the start of the new year. BTC1! Is the Bitcoin Chicago Mercantile Exchange Futures trading and comprises significant institutional trading of Bitcoin. The most significant data we use in this report are from the Dealer and Intermediaries which are the Exchanges and Brokerages as well as the Asset Managers the latter of which has been longing the 2021 all-time high and subsequent bear market to their peril.
The report that comes out on Fridays shows the actions that occurred by position from the previous Tuesday to the Tuesday before that. This current report shows a week-long snapshot of CME positions on Bitcoin from Tuesday the 17th of January to Tuesday the 24th of January. New reports are released on the following Friday after the market closes.
Bitcoin CME Report for Tuesday 17 Jan 2023 to Tuesday 24 Jan 2023
From the 17th to the 20th of January price increased from $21.2k to $22.4k before a 2-day break for the weekend. Most notably from Monday the 23rd and Tuesday the 24th the CME gapped up, meaning that the close price from Friday (CME closes for weekend trading) the price of Bitcoin increased from $22.4k and opened on Monday at $22.6k. This creates a “Gap”, and by rule, gaps do not have to be filled however probability says they have a higher fill rate than not. That weekend gap has now been taken out completely however a gap from the 14th and 15th of January largely still exists between $19.9k and $20.4k with a massive and older gap from the 12th and 13th of June 2022 above us at $27.4k and $29.1k.
Dealers and Intermediaries are Extremely Short
Short Positions:
In the current reporting period, we see that Dealers and Intermediaries (The Exchanges / Brokerages) increased their longs by 101 positions bringing their total long positions to 304 while still adding 726 short positions bringing their total short positions to 4,346. This is very different from what usually occurs in relation to lower timeframe price action as we see Dealers and Intermediaries usually adjusting their positions more regularly to catch the Major Moves.
As the price has increased in this period this is the most significant adding of short positions by the Dealers and Intermediaries that we have seen since the end of March 2022 when Dealers and Intermediaries massively shorted to force a Q2 open underneath the Q1 open and thereby wrecking quarterly options. Dealers and Intermediaries are now 93.4% short.
Asset Managers are still largely out of Position and Entirely Long
Long Positions:
The other interesting figure from a more accurate perspective is how out of position the Asset Managers have been in the last year plus as they began heavily building longs at the highs in the fall of 2021 and now they have begun to heavily increase their positions in this weeklong period by a further 644 positions to a total of 7,671 long positions and closed 243 short positions leaving only 63 short positions total for asset managers. This means that compared to short positions Asset Managers and Institutions are 99.2% Long with relatively zero shorts.
Summary
This most recent COT report is interesting as it shows Asset Managers and Institutionals are only long at the same time as we have had good market movement to the upside with each level creating support. The Asset Managers and Institutionals are entirely in Long positions as they added massive longs that are/were out of position going back to November of 2021 and throughout the 2022 bear market.
Bitcoin is still holding key levels however, the extreme bearish sentiment is starting to dissipate as Bears are being and have been punished in every range and consolidation period. Every continuous move-up was met by heavy shorting from retail thus providing more liquidity to move price upwards. This is now starting to change as Retail is beginning to add longs in this previous weekly range while shorts were squeezed out of position on Wednesday.
The gap down at $19.9k to $20.4k is still in place and breaking any significant structure above still allows the market to capitalize on taking out later longs that got into position over $20k which have yet to be punished. The upside move is still in play until support is broken, a new gap that could be formed come the Monday open on Jan 30th would potentially provide an incentive for market movement as we open the week.
Late Longs have not been significantly punished as heavier liquidity is building below us. That being said the weekend trading can decide quite a bit if we start closing 4hr or daily levels below the Weekly Open at $22.6k. The confirmed loss of this level will potentially allow us to short higher up and at the failure of the structure. Shorts have also already been punished and Longs have been by all accounts allowed to keep positions as heavy support still exists.
All eyes are on the FOMC interest rate decision on Wednesday the 1st of February, with the forecast being an increase of .25% from 4.5% to 4.75% which should be a catalyst to move the market should the forecast not meet the decision.
Retail is starting to flip their bias long just as the Asset Managers have both of whom have been largely on the wrong side of the market for well over a year. Conversely, the Dealers and Intermediaries have been largely correct in their positions and their massive adding of shorts in this area which should not be taken lightly as they have been right throughout the bear market.
Our thoughts about the Dealers and Intermediaries are simple, don’t bet against them, they have all the data and see all the positions.
BTC!I really don't like btc and I still say that it will crash 1x, but now we are going up for another test and after that I am waiting for the fall! let's see what happens!
$BTC, nothing changed, that is GOODDecided to change background
Didn't want same look as many others
Reminds me of the old school ILX
$BTC still looks ok
Buy volume okay but light sell & shorts = very good
#BTC has BEST opportunity, vs other 2x, to BOTTOM
#Bitcoin struggling here is ok, FOR NOW
Digesting recent move
by btcHello to all dear friends
This will be my prediction and my future trades
I hope it helps you too
Where is BTC heading next?From my analysis, BTC is outperforming all the recent predictions and breaking all the stereotypes. So, here are some trend lines that I draw a month ago, that'll give some good insights into the BTC's next move,
So,
24400 is the first resistance
24900 second resistance
Bitcoin CME future can be important to find trend #Bitcoin #cme future if receive to 30000$ at first that it can be revers and come down until 20000$ and maybe 10000-12000$ and if receive to 20000$ at first that it can go until 30000$ .
