BTC MONTHLY CHART THE END OF BULLRUNMacro view of BTC, 120k is my top movement this bullrun, focus on altcoins and btc below 85kby agomez871
Crypto World Faces Major Drawdown as BTC SlidesAs I like to remind my friends - if you are not trading crypto, you are not paying attention to the new economy happening primarily on mobile devices and various blockchain specific wallet-based swapping platforms like Ape.pro on Jupiter, COINBASE:UNIUSD Uniswap, and BINANCE:SOLUSD Solflare, and the ever expanding Base ETH markets on Uni and elsewhere. Don't for get to buy DICKBUTT on Base when you have some spare KRAKEN:ETHUSD or CRYPTO:OPUSD to convert to use on Base. The real beauty of the markets of Optimism, COINBASE:ZKUSDC , Base/ETH and more on Uniswap is the very low fees, almost no fees compared to the terrible nightmare that is ETH fees... Get to know and love trading Optimism and Base tokens with practically no fees!! Who knew? Well some of us do. Stay careful of unknown tokens and strange "airdrops" that show up in your Uniswap wallet, they could be malicious smart contracts designed to steal your coins. Just a sample of the headlines out there: Meme Coins Decimated Amid Crypto Massacre: BONK, FLOKI, AI16Z Hit Worst As Bitcoin (BTC) fails to hold above $100,000 for the fifth consecutive try, the cryptocurrency market plunged by 8.3% in a few hours. Here's why meme coins suffer the most while some of them are already back to surging. Read more on U.Today u.today On the upside, we do have more crypto-friendly people being appointed to government positions, especially in the US which has faced an uphill battle against current crypto regulators. KRAKEN:BTCUSD is down, but so is every token in every market right now. There will be a recovery, even if timeframe is uncertain. We are still just weeks before the American presidential transition which will cause even more shake up in the world economy. How will the rest of the week develop? Will we see a return to positive trends in alt-coin markets and a recovery of CRYPTOCAP:BTC beyond the magic 100k mark? Watch your charts and keep your favorite indicators handy. Remember habibi, the desert tests your will, not your strength.Shortby CoinrabiaDeFi0
$BTC.X >> 4 Hr. Chart >> Technical Analysis $BTC.X >> 4 Hr. Chart >> Hit 92500 and bounced My target from last night was 92.3K Almost hit that level / as you can see that has been horizontal support Key level to hold / more downside risk on a drop below The IMACD_LB bear cross signaled downside risk last nightby ospreyeye31
Bitcoin head and shoulders pattern.Bitcoin head and shoulders pattern with the target of 75k.Shortby CHILL_TRADER99110
Bull steaks incoming aka Feed The Bears Now IIDiamond Top pattern. Retest of 103-104 level needed before crash down It can play similar to my feed the bear idea from the past Shortby DeadSeriousUpdated 1
BTC head and shoulders? (-.-)To me, this head and shoulders has many issues such as not being symmetrical, no actual head and a weak looking left shoulder. We haven't even touched the neckline yet and people are freaking out about it. If anything a better light to reframe this in is a potential triple topping pattern. That makes more sense than any kind of buzz word pattern we're forcing a bias onto the chart when it's not even fulfilled. If the neckline doesn't break, it's not a fulfilled pattern.by Lsabbott1
Bitcoin Boom is overWith its high of $108,470 on December 17, Bitcoin hit the 1.00 extension in the red Z almost exactly and has been trading below its all-time high ever since. I am relatively certain that this high is unlikely to be broken for quite some time and that the dollar will remain very strong for the foreseeable future. Other currency pairs such as the euro and the pound also point to this. If you look at the previous corrections in Bitcoin, a run-up to the 61.8 retracement or even the 78.6 retracement is a logical target. Prices between USD 23,670 and USD 41,870 should then be reached before the bulls take over again. However, this is of course only based on past experience and things could turn out very differently. The only certainty is that Bitcoin will first have to correct to the 23.6 retracement at USD 83,277 before further price rises are possible. Shortby Elliott-Waves-2_00
BTCUSD.market target 96500entry point 95100 stop loss 94500Update on your BTC/USD trade: Trade Plan 1. _Target:_ $96,500 2. _Entry Point:_ $95,100 3. _Stop Loss:_ $94,500 Your plan remains bullish, expecting the Bitcoin price to rise. Key Considerations 1. _Risk Management:_ Ensure proper position sizing. 2. _Market Conditions:_ Monitor economic indicators, geopolitical events, and technical analysis. 3. _Trade Adjustment:_ Be prepared to adjust your trade plan if market conditions change.Longby Stevenexpert0
Crypto Alpha Report - January 08, 2025Happy Wednesday, friends! Today, I want to discuss the discipline necessary to consistently succeed in this market. It’s Wednesday morning, and I’ve been up since 5 am. I’ve worked out, showered, breakfasted, cared for my kid, and am already about an hour into my work day. I have a clear idea of what capital rotations I will make and what trades I’m considering putting on, and I’ve consumed my morning data. I don’t tell you this to toot my own horn. I’m showing you an example of what efficiency looks like, of what discipline looks like. Many mornings, I just want to stay in bed, not hit the weights, not hit the charts, and not read another newsletter. I don’t get out of bed because I want to but because I’ve made it a moral imperative. That was the trick to re-wiring my brain. Focus less on being “disciplined” and instead, make self-improvement and being consistent a moral issue for myself. That seemed to do the trick for me, as I have had a long history of battling depression and apathy. There’s no such thing as overnight success (at least long-lasting). Consistent results come from consistent inputs. You have to put in the work to be successful. I don’t find a trade every day, hell, most days. But the fact that I put in the time in front of my computer every day means that when an opportunity does come in front of me, I’m prepared to act on it with conviction. We’ll talk about conviction in tomorrow’s newsletter, but for today, let’s stick to discipline. To be a successful trader, you must put in the time every day. In the beginning stages, it will be about learning and backtesting. You need to carve out at least 1-2 hours per day to do it. You will have to sacrifice other things you want to do. But if you want this, you must make time to become good at it. That will only come with consistently putting in the time. If you want to start playing guitar, you won’t be so great in the beginning. But one hour of practice a day and after a few months, you won’t be so terrible. After two years, you’ll be jamming and the center of joy for the campsite (assuming your singing voice isn’t awful). It’s the same with trading and investing. Whether you want to full portfolio high conviction plays 1-2 times per year or risk 2% taking 2-3 trades per week, whatever your strategy or edge is, the market will not reward you if you don’t put the time in. Make this the year of buckling down, concentrating your efforts, and making this a serious occupation, not just a moonshot hobby. Onwards and upwards, friends! Crypto Market Update Stablecoin Dominance A continued movement up from this metric, +1.45% today. Daily momentum is still turned to the upside; however, we remain on a bearish trend with negative momentum—resistance at 5.96% of MC. This is a potential early warning sign of lengthier consolidation, but we’re currently just oscillating around the current Point of Control and the previous local high. Bitcoin + Stablecoin Dominance After three days of advance, this metric puts in a Doji indecision candle. Since we saw stablecoin dominance increasing, capital is rotating into altcoins. This is a good early sign of altcoin recovery moving forward. Altcoin Performance Relative to Bitcoin This metric is down -0.83% today, conflicting slightly with our previous metric. Potentially putting in a Hammer Reversal Candle, indicating buyers are beginning to step back into altcoins on this dip. Bitcoin Bitcoin continued to sell off throughout the night and early morning. However, buyers have stepped in and front-run support at $93,000. I do not expect Bitcoin to break down from our current trading range of $92,000 - $103,000 until January’s catalysts are out of the way. Trends 5M: Bearish 30M: Bearish 1H: Bearish 4H: Bullish D: Bullish W: Bullish While Bitcoin remains in a bearish short-term trend, Bullish Divergence is printing on the 30M and 1H timeframe, with 4H Volatility, maxed out and nearly oversold. Bitcoin is also now trading above daily VWAP, with a prolonged period of consolidation from $94-$95,000. Expecting either a recovery move upwards, however, it is still likely to re-test the range lows again. Key Levels POC: $93,637 VWAP: $95,768 Value Area High: $96,540 - $97,282 Value Area Low: $94,253 - $94,995 Next Liquidity Zone Above: $96,313 - $97,198 Next Liquidity Zone Below: $93,258 - $94,126 Bitcoin is showing substantial bullish divergence in both the 30M and 1H timeframes and some buying strength. There is potential for some recovery today. However, I still expect us to test range lows before making another push for $100,000 or even a bigger breakout, depending on January’s catalysts. Strategy: 6/10 Conviction that we push up today. I wouldn’t structure a trade here with tight invalidation. Indeed, I think it’s likely we will test $91,000 - $92,000 before pushing back up significantly like we saw moving into Monday morning. Bitcoin is in a consolidation pattern, trading in a wedge formation, and it will likely be later in January that we get a resolution. I expect buyers to keep price above $90,000 until Trump’s inauguration; there’s just too much potential juice left in the market. I would focus on building a swing position to the upside over the next couple of days. Longby CrackingCryptocurrency1
#Bitcoin 2017 x 2025Bitcoin continued to accumulate by making a major rise after 2013 ATH in 2017 and then continued its pathological run. and now we're right thereLongby EtherNasyonaL5
If the 95-97K support holds strong I'll stay BullishThis resistance zone is well known. If the support 95-97K holds strong I will stay bullish Stay vigilent Stay safe Education contentby mickaeljitUpdated 3
Bearish Divergence On BTCWeekly candles suggest a retest of previous ATH around $66k. Bearish Divergence on the RSI from previous move in May to the high of $106K in December. Shortby zimeaBlue0
BTCUSD LONGas you can see, my fib has been drawn on an impulse move, and not that price has reached into the OTE zone and i am looking for price to reach into the marked out imabalance Longby kofiobo231
My forecasting methods using astrologyI have selected tonight saturn moon square opposing jupiter at 3 UTC by selecting the highs and the lows of this specific time range to take measurements and today's price action came along. these are the power of gann methods when correctly understood.Longby saturnv4Updated 0
BTCUSD LONG #BTCUSD is currently on a corrective move sequence, once completed it may begin to push up once again, please be cautious on your approach. But it looks clear.Longby XAUKING_0
BTC/USD – WAIT FOR THE CROSSPrice has been respecting a descending trend line ever since topping out near the 108k area. We have a potential “High-Risk Buy” zone in the mid-to-high 90k range—worth considering for aggressive traders looking for a bounce. However, more conservative traders may want to wait for a confirmed break of the descending trend line (the “cross”) before jumping in. Managing risk is key in case bearish momentum continues.by RICHSTOXCOM0