BTC Backtest draftWorking towards an extended swing trading bot that helps automate crypto trading SMA crossover + Volatility thresholdLongby reddyishan902
BTC Surges on Signal of Trump's US Strategic ReserveWith market reactions trending very positive, COINBASE:BTCUSD saw a big surge today as investors were encouraged by Trump's signaled support for large investments in a US BTC Strategic Reserve fund to back up the Treasury Department and their indicators of a more supportive environment for crypto investors and holders in the United States of America. This comes as a welcome change for residents and businesses engaged with building the ever growing crypto economy which will empower free markets, free thinking, and free people. With over $200M USD positive BINANCE:BTCUSD inflows to Binance in the last 12hr, we can only guess what the total inflows look like right now on an hourly or even minute-by-minute basis across all exchanges worldwide. A large spike in trading volume during the day Sunday fueled traders excitement as many were attracted to the market over the weekend. Your reaction to this good news might depend on what kind of trader you are. Are you Microstrategy? Your stock just went up! Personal investors - "this is great! lets see more!". Well a lot of times people expect good and underestimate the downside. It is a great opportunity here to apply reverse psychology and short the market. This strategy is not right for everyone but there could definitely be opportunity for both long and short entry points when using the informative and actionable MACD Strategy indicator on your charting. Perhaps even learnings will come from this. Have a beautiful day, and remember Habibi, the desert tests your will, not your strength. messari.ioShortby LawrenceOfCoinrabia1
$BTC 4Hr Analyzing the CRYPTOCAP:BTC coin chart on the 4-hour timeframe: - **Symmetrical Triangle**: A well-structured symmetrical triangle is visible, with equal angles on both sides, indicating potential for an imminent breakout. The price is currently below the upper resistance line, suggesting a possible upward movement soon. A target around $113k has been discussed based on the pole of this pattern. - **Bullish Divergence**: There have been instances of bullish divergence with RSI on the 4-hour chart, particularly noted in May and July 2024, where the RSI was not confirming the price lows, suggesting underlying strength. - **Bearish Divergence**: Conversely, bearish divergences have also been observed, especially when the RSI was overbought, indicating potential short-term pullbacks or corrections. This was notably seen in November 2024, signaling a possible reset before further upward moves. - **Resistance and Support Levels**: - **Resistance**: Key resistance levels were noted around the psychological barrier of $100,000, with movements above this level suggesting strong bullish momentum. - **Support**: The price has found support at various levels, with significant attention being paid to where the 50 EMA and other moving averages lie, particularly after the price drops. - **Trendline Analysis**: The 4-hour chart often shows Bitcoin testing its trendlines, both as support and resistance. A bullish move is often confirmed when the price breaks and holds above these trendlines. - **Volume and Market Sentiment**: There's been discussion about distribution and HODL-ing behavior, with the Long/Short-Term Holder Supply Ratio dropping, suggesting less long-term holding and potentially more active trading or distribution. - **Price Targets**: Based on various analyses, especially around breakout scenarios from patterns like the symmetrical triangle, targets have been suggested around $113k, with some posts on X indicating this could be reached quickly in a lower timeframe setting. - **Current Sentiment**: The sentiment from X posts shows a mix of optimism for continued upward trends with cautions for potential corrections. The recent activity around $100,000 has sparked discussions on whether Bitcoin will continue its bullish run or face a significant correction. In summary, the 4-hour chart for CRYPTOCAP:BTC shows a battle between bullish and bearish forces, with technical patterns like symmetrical triangles indicating potential for significant price moves. The emphasis on divergences, especially with RSI, gives clues on momentum, while the community on X watches for breakouts from key levels to confirm trend directions. Always consider that crypto markets can be influenced by broader market sentiment, macroeconomic news, and regulatory changes, which can alter technical predictions.Longby One1D_Trader111
BTC-USD TECHNICAL ANALYSIS (READ CAPTION)hello my fellow traders, share your opinion about this chart. current price: 101500 from this position a strong drop is expected as market has rejected today the 102600 twice and has created a strong bearish trend. before hitting a new high market will drop a little which it will use as a backup and support to go further high. if btc price drops now from 101500 then its next target will be 99000. please like comment and thsnks for support Shortby LindaFxTradingUpdated 5
Bitcoin to $84,000? Altcoins Christmas Dump Incoming?🚀 Bitcoin to $84,000? Altcoins Christmas Dump Incoming? 🎄📉 💡 CRYPTOCAP:BTC Analysis: The market is heating up! Could Bitcoin skyrocket to $84,000 and break new all-time highs? 📈 Recent price movements suggest strong bullish momentum, sparking optimism among investors. But what does this mean for altcoins? 🤔 🎄 Christmas Dump for Altcoins? Historically, the holiday season has seen market corrections, and this year might be no different. Here’s why: 1️⃣ Rising Bitcoin Dominance: As Bitcoin captures attention, funds may shift from altcoins to BTC for short-term gains. 2️⃣ Altcoin Selling Pressure: Traders reallocating to Bitcoin could drive altcoin prices down. 3️⃣ 2024 Opportunities: If Bitcoin consolidates after its run, altcoins could regain momentum in the new year. 🔥 My Take: This could be an ideal time to re-evaluate your strategy. Are you: Holding strong with altcoins, waiting for their next breakout? 🛡️ Riding the Bitcoin wave to potential new highs? 🌊 📢 Let’s discuss! What’s your play as we approach the holiday season? Share your strategy below! ⬇️ Shortby AlphaBull-Trading3
Bears showing up !? 🚨 Bitcoin Bears Tighten Their Grip: What’s Next for the King of Crypto? 🚨 CRYPTOCAP:BTC The bears are back in full force, and Bitcoin is under pressure. Recent price drops have rattled the market, leaving traders wondering: what lies ahead for the world’s leading cryptocurrency? 🔍 Key Observations: Bearish Momentum: Bitcoin's recent performance signals a growing bearish sentiment among traders. Market Dynamics: Global economic uncertainty, interest rate speculation, and ongoing regulatory debates are adding weight to BTC's shoulders. Support Levels: Bitcoin is teetering on key support zones—will it hold firm, or are deeper corrections imminent? 💡 How to Navigate This Market: 1️⃣ Stay Informed: Keep a close eye on critical price levels and market updates. 2️⃣ Risk Management: Diversify your portfolio and set stop-loss orders to safeguard your investments. 3️⃣ Long-Term Perspective: Remember, Bitcoin has endured—and bounced back from—similar downturns in the past. The crypto market thrives on resilience. Is this dip a golden buying opportunity, or will the bears take full control? 💬 Drop your predictions and strategies in the comments below! Shortby AlphaBull-Trading2
El Salvador's Bitcoin ReserveElSalvadorBTCReserve : El Salvador's Bitcoin Reserve El Salvador’s bold decision to embrace Bitcoin as legal tender has captured global attention, and its Bitcoin Reserve is now making waves. Here’s the latest: 📈 Bitcoin Reserve Growth El Salvador continues to strategically accumulate Bitcoin for its national reserve, reinforcing its commitment to cryptocurrency and its long-term potential. 💡 A Strategic Economic Move By holding Bitcoin, the country aims to leverage potential price appreciation, a strategy that could transform its financial system and influence global crypto adoption. 🌍 Global Ripple Effect As a trailblazer in adopting Bitcoin as legal tender, El Salvador might inspire other nations to explore similar paths. --- 🚀 What’s Next? 🔄 Continued Accumulation: Will El Salvador keep adding Bitcoin during market fluctuations? 📊 Market Impact: How could this growing reserve influence Bitcoin's global price dynamics? As El Salvador’s Bitcoin journey evolves, the world watches to see how this bold experiment shapes the future of cryptocurrency adoption.by AlphaBull-Trading1
superlong for newbie welcome to crypto this are the reasons why im still bullish and hoping that this month will close green 1.we bounce exactly at tested strong support and acting as 0.382 2.ema 50 respected 3.hidden bullish contenuation divergence 4. blackrock add more coins this during this flash sale last inverse head and shoulder pattern bullish pattern is about to break out anytime Longby josephraro995731
possibility of uptrendConsidering the price behavior in the current resistance range, the downward trend will likely continue If the price breaks through the resistance range, the upward trend will likely continueLongby STPFOREX1
A small bump for BTC, a giant drop for MSTRThe difference between 1st support and 3rd support of COINBASE:BTCUSD is 4%. The same difference in support areas for CAPITALCOM:MSTR is 30%. Should 1st, and 2nd support break, CAPITALCOM:MSTR is in big trouble..by WeRideAtDawn111
Navigating the Current Market Turbulence: A Crypto and Stock MarBitcoin is currently trading at approximately $102,200, reflecting a decrease of 2.36% over the last week. Despite a brief rally reaching highs of $108,367.38, the digital currency has faced selling pressure. The Relative Strength Index (RSI) remains above 65, indicating that BTC might still be overbought, while the Moving Average Convergence Divergence (MACD) suggests bearish momentum could persist. Investors should be cautious as the market shows signs of volatility. For cryptocurrencies, monitoring RSI and MACD indicators can provide insights into potential buying opportunities. Shortby pBouDib1
Btc/Usd Bearish Monthly and Daily T_F I except it to be bearish, that should be a pullback before the next bullish move If it doesn't break out of the daily trend That's a raising Wedge My Analysis is base on the technical factorsShortby Goodnessawe1
$BTC Looks bullish and ready for more ATHs - LONGCRYPTOCAP:BTC Bullish engulfing on prev 4H close, $107,461 given resistance in effect, Key support at $103,093, $104,987 support yet to be tested. Looks great on 1D, more ATHs to come, $107,857 latest ATH closed with a wick at given resistance $107,461 and testing. Prediction : Next key resistance areas could be $110,423, $112,255-$112,893, $114,674, $116,908, $119,756. Longby limitlessnash1
The RED LINE returns!BTC has finally broken through this moving resistance line. In the short term prices need to hold above 103.8k to continue bullish parabola. Otherwise it could be months before bull market resumes.Longby Narsty_Boy1
Bitcoin preparing for Final Target/Bull RunIf BTC does not go below 70k then 2025 will be the final Bull Market and AltseasonLongby capamit26
BTCComparison of candlestick pattern on a weekly time frame. Current pattern compared with a screen grab from when bitcoin price passed through 20k in Dec. 2020 Longby ChiliFingerz1
Bitcoin Is About To Enter 100K Area SoonBitcoin with ticker BTCUSD is coming and moving nicely higher as expected, after Donald Trump won US elections, so coin remains in a strong bullish five-wave impulse on a daily chart with room even up to 130k-150k area. Price came nicely higher, out of a recent wave 4 consolidation into wave 5 of an extended wave (3) close to 100k area in the 4-hour chart. Now that BTC is slowing down, seems like it's making a higher degree correction in wave (4) before the uptrend for wave (5) of 3 towards 100k area resumes. It's ideally forming a bullish triangle pattern in wave (4), but alternatively be also aware of a deeper correction, which can still retest 90k-85k support zone.Longby ew-forecastUpdated 18
BITCOIN ABOUT TO DUMP?BTC has been consolidating around the $90 - $100k price now for 20 days or so, the weekly time frames are clearly showing price slumping as liquidity and volume slows down due to traders liquidating positions and capitalising at the $100k mark. I do believe people are still buying BTC and there will be LOTS of fomo buyers at this price, but usually this is where the markets catch those who are to late to the party and they are the ones who are stung when price dumps. There is some TA to back a potential dump, we have the slumping of price clearly shown by the candle formations, rejections of major key levels ($100K) as well as some patterns like a rising wedge / rising consolidation however i'm not much of a pattern trader but it is worth taking into consideration as i know a lot of retail traders do trade patterns so this could influence areas of liquidity and help predict future market movements. It's likely we see a spike through $100k before price dumps to grab liquidity above the $100k mark. I'm fully expecting a volatile and highly manipulated market as it plays out over the next few days. If price does dump i would think it will dump to the $72,000 level (-%30) as this is the next major level so again there will be a lot of liquidity in the form of buy orders from traders expecting to 'buy the dip'. It also makes sense for the market to pull back / dump this much as we hade a massive bull market / pump for 3 weeks and there is always relief after a big increase in price simply due to profits being taken so supply will increase. Be wary, if BTC does dump so will 90& of alts.Shortby h77nry9
BITCOIN WYCKOFF accumulationscenariocast! IF that is what is occuring ... the #BTC price over the next few months could follow something similar to what I have drawn in a #Wyckoff re-accumulation range and breakout. With the recent price action being a false breakdown before recapturing the range and proceeding to reach previous levels of resistance. Let's see if this occurs, sentiment reached rock bottom last week. SO I would not be surprised!Longby BallaJiUpdated 3329
SHORTAs long long as 102,378 have not been broken, we are not yet in a further bullish trend, Price is still hovering. But a look at 4H chart reveals bearish opportunity to be exploited as choch is observed at 101,183, Price broke previous low. Slight pullback is ongoing to retest previous lh area around 101,599/101,955 zones. Wait out this retest and open sell order using ltfs, target next 4H low Shortby NnadozFX6
BITCOINUSD TECHANICAL ANALYSIS(READ CAPTOIN)hello trader's what do you think about bitcoinusd current price 101670 bitcoinusd higher high is103600. and respect this zone to reject. now market again this zone touching and reject so this zone is resistance. its demand will be 99000 bitcoinusd can fall to 97400 i have placed the remaining target in the details in the chart like comment and thank you for support Shortby Forex_Haleh_signals_professor6
BTCUSD will be fall soonHello Traders and investor BTCUSD can fall to 95.000 It's support will be 104.000 Current price 100.952 His first tp will be 99.000 I have placed The remaining targets in detail in the chart Shortby Roberthook7