BTC Bottom at 16kBitcoin Bottom at 16k I said buy as much as possible, I don't want to say the obvious.
BITCOIN trade ideas
"The Apex Channel" Key Resistance Level ($104,000 - $104,500 Zone)
Support Level ($101,633)
A calculation of 1,096 pips corresponds to a price range of $104,394 on the 4-hour timeframe with a stop loss at $100,326.
Trendlines:
There are white ascending trendlines forming a channel, indicating an uptrend since the previous lows.
The current channel structure shows the price respecting both upper and lower bounds, indicating that price action is tightly controlled within this range.
Red Downward Trendlines:
The red downward trendlines connected to the circles appear to indicate previous bearish trends that were broken, leading to bullish reversals.
The current red trendline near the $104,000 level may signify a potential breakout point. If price can break this trendline, it could signal a continuation of the bullish trend.
Remember, it's called the "Apex Channel" -- referring to the price approaching the apex of the channel before a decisive move.
I'll be adjusting the price levels accordingly as smart money reacts with sudden shifts.
BTCUSD IS READY TO FLY MUST READ THE CAPTIONThis chart represents the Bitcoin (BTC) price movement against the US Dollar (USD) on a 1-hour timeframe. Here's a breakdown:
1. Trend Analysis:
The chart initially shows an ascending channel marked by green and gray lines, where Bitcoin's price moves upward.
After reaching a peak, there is a sharp bearish correction, as indicated by the steep downward movement.
2. Key Levels:
Stop Loss: Marked below the current price near 93,192, this is the level where traders would close their position to limit losses.
Target Zone: Two key target levels are marked for potential price increases:
98,067 (first target level)
100,597 (second target level)
3. Trading Plan:
A reversal scenario is depicted with upward yellow arrows, suggesting a potential recovery or bullish bounce from the current price.
Green arrows highlight areas of potential buying interest or price support.
4. Indicators:
Heikin Ashi candles are used to smooth out price movements, making trends clearer.
Red and green markers indicate resistance (red arrows) and support (green arrows) areas.
The trader's strategy appears to involve entering a buy position at the current level, with the stop loss in place to manage risk and targeting higher levels near 98,067 and 100,597 for profit.
Long BTC on 1m/5m/15m OBAfter a wyckoff, that played out perfectly, I think BTC is going to retest te spring of that wyckoff pattern.
It's a small zone to risk with potential hig rewards. (I will leave partials at TP, to potentialy take it to new ATH's.
Bitcoin - did we hit the top of this cycle and are we done?#BTCUSD Monthly Chart - Testing Long-Term Resistance
This monthly #Bitcoin chart shows a clear pattern of significant price tops, marked with yellow circles. These tops align with a long-term trend-line acting as resistance, which the price is now testing. Historically, #BTC has struggled to break this level, leading to substantial corrections.
- A potential bearish scenario, with a possible correction looming if the resistance holds.
- Watching for confirmation in the coming months to see if Bitcoin breaks out or begins another downward cycle.
Monthly BTCDrawing base on candle stick formed, 2nd bulish candle cant close above high previous candle ,and then 3rd candle cant close above high previous candle.What is your next 4th candle ? or maybe 3rd candle closed bearish ?
BTCUSD will dump soon, another round for BTC?BTCUSD will dump soon, another round for BTC?
-BTC is standing at the hard key level support at ~92k, with the big vols. We may see a distribution Head and Shouder pattern here.
If BTC breaks, may be a big drop, and wait for a dump to buy the dip with plan for a new round!
.
Let's see!
Could the price of Bitcoin reach $150,000 by 2025?Could the price of Bitcoin reach $150,000 by 2025?
In just a few weeks, the price of Bitcoin (BTC-USD) has continued to rise, surpassing $100,000 for the first time. The world's largest cryptocurrency has risen about 30 percent since Election Day and 121 percent since the beginning of the year. Considered the “digital gold” of the new generation, Bitcoin continues its rapid rise.
At the moment, there is great excitement around the cryptocurrency markets. Recent data show a generational shift in investment flows, with BlackRock's Bitcoin ETF now surpassing the gold ETF in terms of holdings. This trend could explain the precious metal's difficulties as the new form of digital gold gains popularity. It would be unwise to ignore this phenomenon considering that the world's largest cryptocurrency appears to be less volatile than in the past. Experts attribute this to the growing institutional adoption of cryptocurrency, which could help stabilize its value in the future.
In the past week, we have seen a significant increase in inflows into Bitcoin ETFs. In the past two days, these inflows have increased by nearly $2 billion. This trend is encouraging for fund managers and institutions, as it indicates increased mainstream adoption that could reduce market volatility. What can we expect in the coming months?
Studying the on-chain data of Bitcoin transactions, it was found that there were numerous profit-taking transactions totaling more than $3.1 billion in the March/April period. Over the past seven months, as the market has consolidated, the profit and loss situation has remained stable, indicating a balance between supply and demand that is a favorable condition for sustaining price rises.
With only a few months to go before he assumes office as president of the United States on January 20, 2025, Donald Trump is already putting his plans in motion. Trump's victory has given a boost to markets, particularly cryptocurrencies. Markets are now waiting to see if there will be increased regulations under Trump's presidency, while Elon Musk has suggested that the U.S. government use Bitcoin to address the country's enormously high debt.
In the coming months, developments and comments from new members of Trump's team could have a significant impact on the cryptocurrency market. These will be exciting times for all who follow its development.
What factors could influence Bitcoin's future in 2025? One of the most important is the lagged effect of halving, which historically has led to significant price increases in a short period of time. This is due to the deflationary nature of Bitcoin and its supply limit of 21 million units. In addition, the growing adoption of Bitcoin as a store of value through new ETFs, along with clearer and more favorable regulation in major financial markets, could lead to greater acceptance both institutionally and by individuals.
The operation of the cryptocurrency market is based on the principles of supply and demand. As in any other financial market, the price of Bitcoin is determined by the meeting of buyers and sellers. However, unlike traditional markets, the cryptocurrency market is decentralized and not regulated by central authorities. When demand exceeds supply, the price increases.
Demand for cryptocurrencies is growing as more and more people use them as a method of payment. And it is not only Bitcoin that is involved, but other digital currencies are also gaining popularity. The greater the acceptance and use of these currencies, the greater their demand and value will be. Although there are already companies accepting cryptocurrencies, it will still take some time before their adoption becomes commonplace on a large scale. However, when this happens, the price of cryptocurrencies will rise significantly, as the market is always ready to anticipate big events.
According to my predictions, the price of Bitcoin will continue to rise in the coming quarters and reach the $150,000 mark by the end of 2025. However, it is important to choose the right investment instrument to get the best results. There are different options such as ETFs or direct investments on Bitcoin, but also companies involved in cryptocurrency production.
Trouble Ahead for BTC/USD?Since early December 2024, BTC/USD (Bitcoin versus the US dollar) has traded tentatively around US$100,000. What is interesting from a technical perspective is the formation of a potential (complex) head and shoulders top pattern (left shoulders at US$99,806 and US$104.047; head at US$108.396; possible right shoulders at US$99,887 and US$102.750). Were price action to engulf the pattern’s neckline (taken from the low of US$90,731), this could send the major Crypto pairing as far south as support from US$71,922.
TA on FractalsThis chart highlights key price action and liquidity zones for Bitcoin (BTC), along with the recent fractal alignment for 2024, suggesting potential continuation or reversal points. Here's a detailed breakdown:
Liquidity Zone (Marked at the Base):
The price previously consolidated and generated liquidity before breaking out.
This zone acted as a magnet for buyers, pushing the price higher.
Fakeout Above Resistance (First Key Zone):
The breakout above resistance turned out to be a false move.
Traders were likely trapped during this fakeout, leading to a quick reversal back into the range.
This is a classic liquidity-grab scenario where large players use market euphoria to their advantage.
Deviation Below Support (Second Key Zone):
After the fakeout, the price dropped sharply below the range, creating a deviation zone.
This move aimed to shake out weak hands before reclaiming the support zone.
The deviation confirmed itself as a bullish signal when the price quickly retraced back into the range.
2024 Fractal Breakout (Recent Price Action):
The recent sharp rally aligns with a historical fractal pattern from 2024, suggesting the start of a trend continuation phase.
The price decisively broke above the previous resistance at $103,508, turning it into support.
Key Levels:
Support Level: $90,786 — This is the lower bound of the range where the deviation occurred, now a critical support zone.
Resistance Level: $103,508 — Previously a resistance zone, now flipped into support, acting as the foundation for further upside potential.
Bold Crypto Revolution Under President-Elect Donald Trump! 🚨 Bold Crypto Revolution Under President-Elect Donald Trump! 🚨
The U.S. crypto industry is rallying behind President-elect Donald Trump to kickstart a new era of crypto-friendly policies through groundbreaking executive orders on Day 1!
Here’s what the crypto community is urging:
1️⃣ Establish a National Bitcoin Reserve 🪙🇺🇸
➡️ To secure U.S. dominance in the global crypto economy.
2️⃣ Ensure Banking Access for Crypto Firms 🏦💻
➡️ Removing barriers and enabling innovation by providing fair banking services.
3️⃣ Create a Crypto Policy Council 🏛️🤝
➡️ Bringing together experts in crypto, finance, and government to craft growth-focused policies.
🔑 January 20, 2025, could mark the beginning of a crypto revolution, with insiders hinting at at least one executive order signaling the administration’s commitment to mainstream adoption.
✨ If successful, these bold measures could:
✅ Cement the U.S. as a global crypto hub 🌍
✅ Foster innovation and financial inclusion 🧩
✅ Ensure America leads in the digital financial future 🚀
What’s your take on this ambitious vision for U.S. crypto policy? Will it transform the U.S. into the ultimate crypto powerhouse? Share your thoughts! 💬💡
Bold Crypto Revolution Under President-Elect Donald Trump! 🚨 Bold Crypto Revolution Under President-Elect Donald Trump! 🚨
The U.S. crypto industry is rallying behind President-elect Donald Trump to kickstart a new era of crypto-friendly policies through groundbreaking executive orders on Day 1!
Here’s what the crypto community is urging:
1️⃣ Establish a National Bitcoin Reserve 🪙🇺🇸
➡️ To secure U.S. dominance in the global crypto economy.
2️⃣ Ensure Banking Access for Crypto Firms 🏦💻
➡️ Removing barriers and enabling innovation by providing fair banking services.
3️⃣ Create a Crypto Policy Council 🏛️🤝
➡️ Bringing together experts in crypto, finance, and government to craft growth-focused policies.
🔑 January 20, 2025, could mark the beginning of a crypto revolution, with insiders hinting at at least one executive order signaling the administration’s commitment to mainstream adoption.
✨ If successful, these bold measures could:
✅ Cement the U.S. as a global crypto hub 🌍
✅ Foster innovation and financial inclusion 🧩
✅ Ensure America leads in the digital financial future 🚀
What’s your take on this ambitious vision for U.S. crypto policy? Will it transform the U.S. into the ultimate crypto powerhouse? Share your thoughts! 💬💡
BTC Head And Shoulders?Bitcoin’s daily chart is showing further signs of weakness after losing the 50-day moving average, currently at $97,700, as support. The price continues to trend lower, approaching the significant support zone between $88,800 and $90,600. This range could act as a key level to watch if the selling pressure persists.
A potential head-and-shoulders pattern is emerging, with a neckline currently around $91,300. While this pattern is traditionally bearish, it’s essential to emphasize that it is only a possibility at this stage. For the pattern to confirm, Bitcoin would need to decisively break below the neckline with increased volume, which hasn’t occurred yet. Until that happens, this is simply a scenario to monitor rather than react to immediately.
On the 4-hour time frame, RSI has yet to reach oversold territory, indicating that there could still be room for additional short-term downside. However, I’ll be watching closely for bullish divergence in RSI, which could signal a potential bottom. The loss of the 50-day moving average is a notable concern, and reclaiming it, along with a break above $99,860, would be critical for Bitcoin to regain strength. Failure to hold the $91,300 neckline or the broader support zone below it could accelerate downside momentum.
Possible target = $99881On this chart I've put a circle above the previous weekly high and below the previous weekly low.
We can see that the liquidity at the previous weekly low has been drawn.
So I expect a return to the previous weekly high at $99881.
BITCOIN PREDICTION HIGH RECORD?Bitcoin is preparing for an explosive move that could take it to unprecedented heights, reaching for the moon! With all-time high records potentially in sight, this is the moment to stay strong and hold on. For those considering jumping in, now might be the perfect time to buy and secure your position before the rocket takes off. 🌕🚀
Insights in Bitcoin and expectationsInsights in Bitcoin and expectations; the analysis highlights Bitcoin’s historical tendency for sharp growth followed by corrections.
If the projections hold, 2024 may see a continuation of Bitcoin's bullish cycle with potential pullbacks acting as opportunities for long-term holders.
Notable records are marked for specific months like Dec 17, Nov 21, and projections for Dec 24.
Significant pullbacks occurred after these peaks, highlighting the cyclical nature of Bitcoin's market.
Intervals between peaks, such as 34 months from the Dec 17 peak to a new major record, and similar intervals expected for upcoming cycles.
It takes several months (or even years) for prices to recover post-pullbacks, often leading to a new bullish phase.
Support and Resistance Key levels $33,190, $61,405, $71,339
These levels act as potential areas for both pullbacks and new highs.
Could Bitcoin break key support level?Bitcoin has experienced a significant selloff over the past few days, driven by a broader "risk-off" sentiment in the market, compounded by rising U.S. government bond yields.
Could today serve as the catalyst for a potential breakdown of key support levels?
Could Bitcoin break a key support level?
Bitcoin has experienced a significant selloff over the past few days, driven by a broader "risk-off" sentiment in the market, compounded by rising U.S. government bond yields.
Could today serve as the catalyst for a potential breakdown of key support levels?
(Spicy) january 8 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the NASDAQ 30-minute chart.
This is the movement after the analysis article was written.
During the blue finger short->long switching strategy,
it did not rise to the short entry point,
but reached the green support line in the 2nd section in the 1st vertical decline section.
After that, as I explained,
watch the movement from the bottom to the 3rd section.
This is the daily chart of Tether Dominance.
If it is normal,
It is impossible to break through the Bollinger Band resistance line, center line, and support line at once with one candle
But since it is forcibly coupled to the Nasdaq movement,
Please watch the detailed movement.
If it is normal,
Since only one daily candle is created per day,
Until 9 AM tomorrow,
Since Tether Dominance is attempting to break through the center line with one daily chart candle,
There should be an adjustment at the current location or the next wave.
Because,
As explained above,
In the case of ignoring the Bollinger Band center line with one daily chart candle,
and reaching the resistance line at once,
It is a movement that occurs only once or twice a year.
This is the Bitcoin 30-minute chart.
During the analysis, the Nasdaq vertical decline is in progress,
and it is breaking the major drawing section in real time,
so we will proceed without changing the strategy.
Currently, the daily chart MACD dead cross is in progress for 12 hours,
and unlike Nasdaq, there is still some room until the weekly chart MACD dead cross.
Instead, Bitcoin created a daily chart today,
and touched the support line first, so the downside is open,
so it can fall strongly if it breaks away.
The Nasdaq indicator will be announced at 10:30 in a little while.
*When the blue finger moves,
it is a short position strategy
short->long->short switching strategy.
1. $96,446 short position entry section / stop loss price when red resistance line is broken
2. $94,410.5 long position switching / stop loss price when green support line is broken or section 2 is touched
3. $96,935 short position switching / stop loss price when light blue resistance line is broken
After that, while maintaining short position,
the final long switching strategy was to check MACD main signals and support lines.
As you can see, it is being adjusted without the most basic short position entry point due to forced coupling with Nasdaq.
In order for a vertical decline to occur,
at least section 1 at the top -> 15-minute resistance that has not been touched even once today + 30-minute central line
should be touched, but it is just falling.
The reason why section 1 and section 2 at the bottom are marked
is because of the connection.
If there is a miraculous rebound from the current position,
The blue finger movement path is valid.
Since it is falling without touching the first section from the current position,
the second section may be dangerous,
and the bottom is where the Bollinger Band 12-hour chart support line + daily support line meet,
and the point indicated up to 91.4K is the mid-term upward trend line.
If you can somehow hold this point,
you can take a breather from the long position.
If the MACD dead cross pressure on the weekly chart progresses,
it may continue to shake up and down or repeat adjustments for several weeks rather than rebounding.
Please use my analysis so far for reference and use only,
and I hope you operate safely with principle trading and stop loss prices.
Thank you.
BTCUSD TO 74K THEN ATH UPWARDS OF 200K
We have minor Elliot waves , major Eliot waves and mother Elliot waves.
Minor waves
The yellow lines represent the Elliot Bull run waves. 1-5. The white lines represent retracement. lines 1-3. For every Elliot bull wave a Retracement wave happens...
then we start another 5 Elliot waves followed by another retracement wave. Finally we have a bull run Elliot wave.
Major waves - 0-108k
We have Elliot Wave 1.........set of first yellow lines. Then Elliot wave 2...set of white lines. Then Elliot wave 3...set of yellow lines. Then currently we are on Elliot wave 4....the first white line...this leg will drop to 74k and rise as shown. AFTER WE ARE DONE WITH THIS WAVE.......5TH ELLIOT WAVE.....A MAJOR BULL WAVE WILL HAPPEN..... TO COMPLETE THE 5 MAJOR ELLIOT WAVES
MOTHER ELLIOT waves..5 IN TOTAL
This major waves will then have completed one MOTHER Elliot wave.........the second will be a major retracement wave from THE THEN ATH. THE GOOD NEWS IS ....ONCE WE HIT 74K WE SHALL NOT COME revisit it!
KINGS IDEAS
BTC LongIt looks like we have another bullish move for Bitcoin
A lot of liquidity is liquidated at the price of $99,000,000, and it looks like we will have a strong move up to this range, and then it will probably reach $117,000,000
Bitcoin's 2024 Cycle Top: 3 Peaks and a Domed HouseTops are never easy to call. The Bitcoin cycle top won't be the same as the previous one. It appears that the cycle tops so far are:
The gods are rotating all the classic patterns
- 2017 Cycle Top: Classic Blow Off Top.
- 2021 Cycle Top: Double Top.
We posit that the current Bitcoin macro cycle will end early and December 17th, 2024 at 108K was Bitcoin's Cycle Top.
The topping pattern this cycle will be 3 Peaks and a Domed House
Reasons
- It's Bitcoin. An 80 vol asset. It can do anything which is actually a feature.
- Did you really think Trump cared about Bitcoin? Thanks for your votes, and he gave you 100K. You're welcome.
- No Bitcoin Strategic Reserve. Imagine thinking it will be passed by Congress.
- MSTR DCA price is a target at $62K is a taret.
- Bitcoin ETF buyers think it will be UP ONLY for them? They need to experience a large bear market shakeout and start calling Bitcoin a Ponzi scheme to truely earned their stripes.
