$BTC followed my arrow perfectly.In my last BTC post I shared you can see BTC followed my arrow perfectly. Whats next? I expect us to bounce between 92/88k. If not then look at green box for bounce. Which means alts will bleed more if we do god down there.by Crypto_Noki1
$BTC update short tradeAs indicated earlier, I expected that MARKETSCOM:BITCOIN could still make a significant correction. Just didn't hit the box, but fib 1,618 extended and correction back below bullish resistance. For now I don't know whether we want to complete the correction or whether we have now found rock bottom. I think that after yesterday we are really scared and that we are not quite ready yet. The only thing I want to say is that I am certainly bullish for the long term, but these bloody days are really necessary for the big bull run. Buttocks together and hold on. As soon as you sell and or your stop-loss is hit in a declining market, it only means that others will run away with your money. Of course I provide trade safely and control over your portfolio. Be kind to the world and each other!Shortby RidgerRUpdated 1
btc long"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"by Golden_candle2
Time for the break-out?LEt's see. It hit the trendline a few times now. If it breaks it will go to approx 107500 I think. After that either a retrace or a bigger drawdown to mid 80's or even 70'sby VinceHunger1
Odds favor the long side on BTC You can clearly see that there was a volume spike that absorbed the selling of the weak hands, now you see that the volume returns to the direction of the trend up, so people are not willing to sell Bitcoin at a lower price, so the puppet master has to increase his bidding price so he can get filled after Trump WON the election. Add to it that the price was consolidating for half a year and holding its value near the top.Longby ZoharChoUpdated 4
Descending Broadening Wedge Price was trading within a falling broadening wedge, but it seems like price has clearly broken out of the wedge pattern and is trying to retest resistance. If price manages to stay above the residence trend line then it could morph into new support. So far price is holding, but no strong bullish moment yet. This breakout is good news for the longers, but it just needs more buying pressure to make sure price does not fall back into the range of the wedge pattern.by Se7enSkies1
An uptrend in BTC - Breakout on the trendlineBTC is reviving after the much anticipated fall. The trendline is broken and there a chance that we see the upside from here. I am looking for an upside till the next distribution level reachesLongby NandanChaturvediTrade1
btcLook, it's not supposed to happen like this, but because we had a movement mindset, we shared it with each other So don't take any positions on this chart Where the arrow is, we need to see if the orange plan is going to be implemented or if it's going to be all purple and... okay There's just a mindsetby hosseinghaffari671
BTC POSSIBLE BUYThe market is currently testing the current Weekly Support area. Based on Daily TF, there is a hammer candle close. On the 4HR TF, the market seems to be forming a possible reversal pattern. We could see BUYERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Longby WiLLProsperForex1
BTC Faces Significant Selling Pressure from Long-Term HoldersBitcoin ( CRYPTOCAP:BTC ) has faced intensified selling pressure from long-term holders (LTHs), who have offloaded approximately 1 million BTC since mid-September, contributing to its current 13% dip from its all-time high of $108,000. This marks the largest discount since the U.S. presidential election. While short-term holders (STHs) have stepped in to absorb some of this supply, demand imbalance continues to weigh heavily on Bitcoin’s price. 1. Long-Term Holders’ Selling Behavior LTHs, defined as investors holding BTC for over 155 days, have been distributing their holdings as prices show strength. Over the past week, LTHs sold 70,000 BTC in a single day, marking the fourth-largest one-day sell-off this year, according to Glassnode data. Their holdings have dropped from 14.2 million BTC in September to 13.2 million BTC, signaling a strategic move to realize profits during this period of heightened market volatility. 2. Short-Term Holders Absorbing Supply STHs have accumulated 1.3 million BTC during the same period, partially offsetting LTHs' selling. However, this accumulation hasn’t been enough to sustain upward momentum, resulting in continued price weakness. 3. Market Liquidity and Exchange Activity The circulating supply of Bitcoin stands at 19.8 million tokens, with 2.8 million BTC held on exchanges. Notably, 200,000 BTC have exited exchanges in recent months, indicating a trend of investors moving assets to cold storage. This dwindling exchange balance could limit immediate liquidity, further impacting market dynamics. Technical Outlook Bitcoin is trading in a bearish zone, currently down 0.49% with a Relative Strength Index (RSI) of 42. The recent market sell-off liquidated approximately $1.4 billion, exacerbating downward pressure. Key Levels to Watch Support Level: If selling persists, CRYPTOCAP:BTC could dip to $85,000, a key support level aligning with the 23.6% Fibonacci retracement. Resistance Level: For a bullish reversal, CRYPTOCAP:BTC must break through $101,000, a pivotal psychological and technical barrier that aligns with the 38.2% Fibonacci retracement. Outlook and Implications The ongoing selling by LTHs reflects a strategic shift, possibly influenced by macroeconomic uncertainties and profit-taking at current levels. Meanwhile, STHs’ buying activity suggests continued confidence in Bitcoin’s long-term potential. However, the imbalance between supply and demand could lead to further short-term price volatility. Investors should closely monitor key support and resistance levels and market activity from these cohorts to anticipate the next significant price movement. Conclusion Bitcoin’s price trajectory remains uncertain amid significant selling pressure from LTHs. While oversold technical indicators hint at a potential rebound, the lack of sufficient demand from STHs raises concerns about sustained recovery. The next few days will be critical for Bitcoin as it navigates these pivotal price levels. Will CRYPTOCAP:BTC bounce back like it has in past corrections, or is a deeper dip on the horizon? Only time will tell. Stay tuned for further updates! Longby DEXWireNews3
BTC Possible Sellstop run to 80k? BTC CME GapPotential larger timeframe seek and destroy profile, building up considerable sellside liquidity to later run. This would act as a deviation or fakeout both sides of this range as charted here. Daily BiSi (Bullish FVG) is the draw and our point of interest.Shortby igreycrypto1
Bitcoin long Time to execute our longs. We were hoping for this correction. Retest of the trendline and i think she is ready for a take off . Longby CrocoCrypto2
Bitcoin Dips to $96K Amid MARA and Hut 8’s Major Accumulation SpBitcoin ( CRYPTOCAP:BTC ), the flagship cryptocurrency, faced a notable price dip to $96,300, reflecting a 6% decline over the past 24 hours. Despite this, significant institutional purchases by MARA Holdings and Hut 8 highlight the growing confidence in Bitcoin's long-term potential. Institutional Accumulation on the Rise MARA recently purchased 15,574 BTC at an average price of $98,529 per Bitcoin, totaling $1.53 billion. This acquisition, financed through zero-coupon convertible notes, has increased their holdings to 44,394 BTC, worth $4.45 billion at current prices. MARA’s year-to-date BTC yield stands at an impressive 60.9%, underscoring their strategic accumulation approach. Another institutional player, Hut 8, announced the purchase of 990 BTC for $100 million. These acquisitions demonstrate that major players view current prices as an attractive entry point, reinforcing Bitcoin's narrative as a store of value. Market Sentiment and Activity Despite the dip, CryptoQuant reports no signs of widespread panic selling. This indicates resilience among market participants, with many holding firm in anticipation of a rebound. Additionally, Bitcoin remains 4.59% up in December and 60% up over the past four months, reflecting its strong performance in the broader macroeconomic environment. Technical Analysis 1. Relative Strength Index (RSI): Bitcoin’s RSI currently sits at 35, signaling oversold conditions. Historically, such levels have often preceded a price rebound. 2. Fibonacci Retracement Levels: Immediate support is observed at the 65% Fibonacci retracement level, a critical zone that could stabilize the price. However, persistent selling pressure might push Bitcoin lower, with potential targets at: - $90,000 (1-month low) - $80,000 (key psychological level) 3. Volume and Liquidations: Over $100 million in liquidations occurred in the last 24 hours, suggesting significant market volatility. Short-Term Outlook While the dip has raised concerns, Bitcoin's fundamentals remain strong, bolstered by robust institutional demand. The oversold technical conditions and significant support levels suggest a potential recovery in the coming days. However, traders should remain cautious, as further dips could occur if broader market conditions deteriorate. Conclusion Bitcoin’s dip to $96K reflects short-term volatility, but the sustained interest from institutional players like MARA and Hut 8 underscores its long-term potential. As market sentiment stabilizes, Bitcoin could see renewed bullish momentum, making this an opportune moment for investors to assess their strategies. Shortby DEXWireNews2
BITCOIN Long Position This chart analysis focuses on the BTCUSD pair on a 15-minute timeframe. Below is a detailed breakdown of the key elements: ### **Key Observations**: 1. **Trendline and Pattern**: - There is a clearly drawn ascending trendline (black) that shows an upward bias in the market's overall structure. - The price has been respecting this trendline, indicating strong buying pressure at the lower levels. 2. **Resistance Level (108,276)**: - A horizontal blue resistance line at 108,276 marks an important level. A breakout above this resistance with a **green candle closing above** is a key signal for entering a long position. - Historically, this level has acted as a significant barrier, rejecting price movement multiple times (seen with price failing near this level). 3. **Support Zones**: - The green and red shaded regions between approximately **99,358–96,122** act as demand zones. These areas have historically attracted buying interest, with clear evidence of price bouncing from these levels. 4. **Trade Setup**: - A **long position is planned** if the price breaks above the resistance (108,276) with confirmation from a candle closure. - The potential trade includes a favorable **risk-to-reward ratio** indicated by the green (profit zone) and red (stop-loss zone) regions. ### **Technical Indicators**: - **Double Bottom Formation (Bullish Reversal)**: - Two circled regions (around 96,000) suggest a double bottom, signaling potential upward momentum. This strengthens the bullish bias. - **Historical Resistance Retests**: - Price has tested the horizontal resistance multiple times, indicating its strength. A breakout will likely lead to a significant move higher. ### **Risk Management**: - **Stop Loss**: - Positioned below the recent swing lows near **96,832** to protect against invalidation of the bullish setup. - **Take Profit**: - Potential targets are identified using Fibonacci levels or prior resistance zones, with the first target at **109,208**, aligning with the higher trendline. ### **Final Notes**: - The setup relies heavily on price action. Ensure confirmation of the breakout with strong volume before entering the trade. - Monitor BTCUSD fundamentals or macroeconomic events that may influence volatility during this period. this is not trading advice .. trading is riskyLongby amerjaradat1
Bitcoin ChartI just told a few of my family to get rid of some not all of their bitcoin to pick it up at a lower amount, there's Money to be made on both sides of the chart.Shortby parkerbrownjr1
BTC USD LongBTC USD long has bounced off the previous marked fair value gap. The price may come lower, but you can see on the chart that I've previously drawn the possible route of the price. SL - 103138 TP - 107101Longby James_Gordon_SandrockUpdated 2
BTC at a Crossroads: Will We Crash to 50K or Blast Off to 117K?BTC Update Hey team, here’s the scoop on Bitcoin right now. We’re at a key level, and the next move could set the tone. Let’s break it down: If BTC drops below 103,445, we could see a dip to 80–85K. If the pressure keeps building, it might even slide to 50–53K. But if BTC breaks above 108K, we could rally to 117K before things cool off again. Trading can feel uncertain, but it’s all about being prepared. No matter what happens, trust your plan, stay patient, and take it step by step. You’ve got this! By the way, if you’re curious about how to balance trading and wellness—or just want to chat about trading mindset—send me a DM. Let’s win together, on and off the charts. What’s your take—are we heading up or down from here? Kris/Mindbloome Exchange 07:23by Mindbloome-Trading1
CYCLE 4 | RSI Monthly TrendA quick post to cover Bitcoins Cycles with respect to the Monthly RSI. We can see based on the monthly close RSI values, a descending trend where each consecutive peak for consecutive bitcoins cycles have reduced in magnitude (i.e. a lower low RSI value coinciding with the trend reversal points. This trend is also evident with monthly RSI low values. Using trend lines (based on historic BTC behavior in the past), we can speculate what would not be abnormal monthly RSI behavior for this cycles (Cycle 4) top and the future bear market low. Have a play with the interactive tools in the post to observe details more clearly. I have also detailed Cycle 1-3 length from the bottom to the top, bear markets (top to bottom), halving's and each cycles Fib extensions for your reference. For greater detail, reference the below companion post to this discussion. by Brodie2
BTCUSD Ascends: Navigating the Bullish Terrain Overview: The BTCUSD pair demonstrates robust bullish momentum as observed across varying time frames, substantiating a strong upward trend in the short to medium term. This analysis delves into the dynamics from 5-minute to 1-day charts, detailing critical technical levels and potential strategies for capitalizing on the current market conditions. Technical Analysis: 1. Short-Term Volatility and Momentum (5M and 15M Charts): - On the 5-minute and 15-minute charts, the pair showcases pronounced short-term volatility, marked by quick shifts in price direction. This indicates high intra-day trading activity. - Notably, the 15-minute chart evidences a pattern of higher lows and higher highs, underpinning sustained buying pressure and a short-term bullish bias. 2. Medium-Term Trend Consolidation (1H and 4H Charts): - The 1-hour chart reveals a clear bullish trend with consecutive green candles, highlighting strong buyer dominance. - The 4-hour chart amplifies this perspective, showing fewer but larger bullish candlesticks, crucial for assessing the medium-term market direction, which leans decisively bullish. 3. Long-Term Market Sentiment (1D Chart): - The daily chart solidifies the bullish narrative with larger upward moves, offering a comprehensive view of the long-term market sentiment favoring the bulls. Key Technical Levels: Support Levels: - Short-term support at $104,800. - Mid-term pivotal support at $102,500. - Major baseline support at $100,000, significant for longer-term trades. Resistance Levels: - Initial resistance observed near $106,000. - Following this, psychological resistance may emerge around $107,000, a potential area for profit-taking. Technical Indicators: Moving Averages: Incorporating moving averages (50-day and 200-day) confirms the bullish setup, as they are positioned below the current trading price, signaling a buy trend. RSI and MACD: These indicators are key to identifying overbought conditions or any potential trend reversals. Monitoring for divergence between these indicators and price action could forewarn of momentum shifts. Trading Strategy: - Buying on Dips: Given the bullish momentum, entering positions on minor retracements offers an advantageous route, utilizing the existing upward drive. - Setting Stop-Losses: It's prudent to set stop-loss orders below significant support levels to safeguard against sudden downturns. - Profit Taking: Establishing profit targets near identified resistance levels or after notable price increases can maximize gains from the trend. Conclusion: BTCUSD offers a compelling bullish outlook across all examined time frames, presenting lucrative opportunities for traders. It's advisable to remain vigilant, monitoring volume and price action for confirmation of ongoing momentum, while adjusting trading strategies to align with unfolding market dynamics and managing risks efficiently. Longby EliteTradersChoudharyJI3
BTCUSD SELLSelling based on my strategy, trend analysis BTC is long term buy but in short term we can get a few sells here and there. Please Like Follow & ShareShortby ZenFX1_1
SOON BTC WILL BIG DROP BEFORE REACHING 120KHello everyone as you know btc backed from 108k so current level is 96,900 just remember one thing before 120k btc will big drop for taking support areas so here is big support level SUPPORT 88K SUPPORT 83K so thats two support is also my target its my personally idea i hope you can share your idea in comment section always trade with your strategy and stoplossLongby Mr-Nichols4
Bitcoin: Pulling back to catapult forwardBitcoin isn’t done. We’re starting some pullback action. Possibly to gain some momentum for the propel forward. Don’t let this lil shit shake you out. Stand still, stand firm.Longby TheFinalBoss3