Btc update I do see New HH being reached then a correction to support levels again. so a sell to buy once more before it goes into 200k mark.
BTCUSD.P trade ideas
Bitcoin (BTC): Renewed Bullish Momentum Amid Key Resistance🔥 FinCaesar's Strategy:
🩸 Long: Above $105,000, targeting $110,000 and $115,000. Bullish MACD and support from the 200-day EMA favor an upside continuation.
🩸 Short: Below $100,000 for $95,000 and $90,000. A failure to hold this psychological level could invite renewed selling pressure.
🔥 FinCaesar's Commands:
🩸 Resistance: $105,000–$106,000
🩸 Support: $100,000
Bitcoin appears to be in a tentative bullish phase, trading above its 200-day EMA (around $79,500) and showing signs of recovering from recent lows. The MACD histogram has shifted from negative to positive territory, suggesting potential upward momentum. However, caution is advised until price firmly clears the $105,000–$106,000 resistance zone. A drop below $100,000 would undermine the bullish case and could lead to a pullback toward $95,000 or lower.
👑 "Patience and precision separate mere traders from true conquerors." — FinCaesar
#BTC update time#Bitcoin has had a solid run after breaking out of the pennant with no retest yet.
Earlier than expected sooner than hoped.
For now it looks strong and positive and we expect that we can go up for quite some time. The only thing I would like to be careful with is that where I expect that we would only go up after Trump's inauguration, we will now do that in advance.
Does this mean that we will get a kind of buy the rumors sell news and that we can then expect a retest.
So far bulls in power and still targeting 133k minimum!
Be kind to the world and each other
BTCUSD BTC/USD Analysis and Signal (4H Chart)
Market Update: Bitcoin (BTC/USD) has maintained a bullish trend, with the price pushing into key resistance levels near 104,270. The price is currently trading at 101,436, showing steady upward momentum.
Key Levels to Watch:
Resistance: 104,270
Support Zones: 99,941
Signal:
Buy Zone: Upon breakout above 104,270 with confirmation (targeting higher highs).
Sell Opportunity: If rejection occurs at 104,270, look for retracement toward 99,941.
Stop Loss: Set below 99,941 to manage risk.
Guidance:
Stay cautious near resistance zones. For buyers, confirm bullish momentum before entering trades. For sellers, watch for bearish reversals in overbought conditions.
Btcusd analysis"As shown in the chart, Bitcoin's potential scenarios are plotted in a four-hour time frame, and it is currently fluctuating within a range channel. Since Bitcoin's trend in the daily time frame is bullish, there is a higher probability of breaking the channel ceiling, making this the base scenario. If this happens, Bitcoin's trend in the daily time frame will remain bullish. In case of a pullback, you should enter with the confirmed strategy, aiming for the level of 106,000 as the first target. However, if it breaks the channel floor, Bitcoin's trend in the daily time frame will turn bearish, with the possibility of falling to the level of 50,000. Otherwise, we expect Bitcoin to continue moving within the channel according to the third scenario, allowing us to buy and sell at the ceiling and floor of the channel."
Bitcoin Harmonics - Gartley to $135kThe XABCD pattern is a popular harmonic chart pattern that helps traders identify potential reversal zones in the market. It uses specific Fibonacci ratios to map out price movements and predict turning points with a high degree of accuracy. These patterns are advanced technical setups that require precise measurements and a strong understanding of Fibonacci retracement and extension levels.
What Is the XABCD Pattern?
The XABCD pattern consists of five key points: X, A, B, C, and D, each representing a specific price level on the chart.
These points form a series of swings that create a geometric shape, such as a triangle or a batwing.
The pattern is validated by the relationships between these points, which adhere to strict Fibonacci ratios.
The XABCD pattern is often classified into different sub-patterns, including Gartley, Butterfly, Bat, Crab, and Shark patterns. Each variation has unique Fibonacci requirements.
Key Components of the XABCD Pattern
Point X to A:
Represents the initial price move, either bullish or bearish.
This is the longest and most distinct swing in the pattern.
Point A to B:
A retracement of the XA leg.
Typically retraces between 38.2% and 61.8% of the XA leg.
Point B to C:
A counter-trend move against the AB leg.
Usually retraces 38.2% to 88.6% of the AB leg.
Point C to D:
The final leg of the pattern, known as the completion leg.
The D point typically represents a Fibonacci extension of the XA leg or a retracement of the AB leg, depending on the specific pattern.
The above is a Gartley Pattern:
Point B retraces 61.8% of XA.
Point D completes at 78.6% retracement of XA.
Highly reliable for predicting reversals in trending markets.
Target Fibonacci extensions at 1.0 and 1.618 of the AD leg for profits.
1 has been hit. The RSI suggests more price movement upwards to come as its not over bought, which leads us to the next target 1.618 Fib extension at around $135,000
Bitcoin (BTC): This Bull Run Will Be Different!Pretty sure 80% of people are about to lose most of their money soon.
There’s way too much ‘dumb money’ being thrown into the markets right now. Panic will set in, especially for those who struggle to control their emotions while trading.
Trading isn’t just about ‘buy low, sell high.’ Markets have their own rhythm each cycle, and that rhythm is always unique and different. Even if you look at previous bull market tops, each one was formed differently.
If you’ve been following us and sense that we know what we’re talking about, listen carefully:
◼️ Stay away from the markets when conditions are unclear.
◼️ Not every day is a trading day.
◼️ High leverage will destroy you.
◼️ And remember, unrealized P&L is not profit—sometimes you just have to take those profits!
Swallow Team
Breaking: Bitcoin Crosses $104,000 , Defying Market ExpectationsBitcoin ( CRYPTOCAP:BTC ) has achieved a significant milestone, breaking through the psychological resistance level of $100,000 and trading as high as $104,000. This 4.27% surge has positioned BTC as the focal point of global financial discussions. However, with the Relative Strength Index (RSI) indicating overbought conditions, traders are left questioning whether the rally can sustain its momentum or if a correction is imminent.
Technical Analysis:
BTC’s move above the $100,000 resistance level highlights its bullish momentum. However, traders should remain cautious, as overbought signals from the RSI suggest the possibility of a near-term correction. Immediate support lies at the 38.2% Fibonacci retracement level, a critical technical zone that could act as a buffer against potential selling pressure.
Should CRYPTOCAP:BTC break below this support, the price may dip toward the one-month low of $90,000. Such a move could trigger a massive sell-off, further intensifying bearish sentiment. Conversely, maintaining the current momentum above $100,000 could pave the way for BTC to explore new all-time highs, fueled by increased institutional and retail interest.
Miners Bolster BTC Reserves
Recent data underscores the pivotal role of U.S.-based cryptocurrency miners in Bitcoin’s growth trajectory. As of December 2024, miners have doubled their BTC reserves to nearly 100,000 coins, raising over $3.7 billion since November to bolster their holdings.
Top players such as Marathon Digital Holdings (40,435 BTC), Riot Platforms (16,728 BTC), and CleanSpark (10,097 BTC) lead the charge. Their "HODL" strategy—holding rather than selling mined Bitcoin—has not only strengthened their balance sheets but also amplified investor confidence. This is reflected in rising stock valuations for these firms, showcasing the synergy between strategic asset accumulation and market sentiment.
Key Drivers Behind Miner Resilience
1. Market Conditions: Lower Bitcoin prices in early 2024 allowed miners to acquire BTC at discounted rates.
2. Technological Advancements: The adoption of efficient mining equipment and energy optimization strategies enabled miners to enhance profitability.
3. Price Recovery: The late 2024 Bitcoin rally increased the value of miners’ reserves, positioning them advantageously in the current market landscape.
Challenges on the Horizon
Despite their impressive growth, U.S.-based miners face mounting challenges. Rising global hash rates, driven by increased competition from international miners, are squeezing profit margins. Furthermore, the upcoming Bitcoin halving in April 2024—which will reduce mining rewards by 50%—poses an additional hurdle. Miners will need to innovate, optimize operations, and explore diversified revenue streams to remain competitive.
Market Sentiment and Macroeconomic Factors
Bitcoin’s latest surge also aligns with macroeconomic developments. The cryptocurrency has gained 7.85% in the past week, fueled by speculation around the upcoming inauguration of Donald Trump on January 20. Market participants anticipate favorable regulatory policies under the new administration, further boosting confidence in digital assets.
Outlook
At a market cap exceeding $2 trillion, Bitcoin’s ascent to $104,000 signifies both the resilience of the crypto market and the strategic maneuvers of key industry players. However, the overbought RSI, coupled with potential resistance at higher levels, necessitates vigilance among traders and investors.
While the long-term outlook for Bitcoin remains bullish, near-term corrections could provide strategic entry points for those seeking to capitalize on its upward trajectory. As miners continue to accumulate reserves and innovate, their role in shaping Bitcoin’s future will be pivotal in navigating the challenges of an evolving crypto ecosystem.
BITCOIN UPDATE, Sell On Strength!!As i see the upward movement of the Bitcoin is just a correction of previous drop, i would like to add more SHORT POSITION in BTCUSD.
The upward movement does not back up with a strong volume (1), forming A-B-C correction pattern (2), stopped exactly at the 78.6% retracment (3), bearish divergence on MACD (4),
and a possiblity of forming a reversal candle pattern on the daily chart (to be confirmed).
SO.. YES, AGAINST ALL ODDS, I AM SELLING BITCOIN prior to the Trump inauguration.
CHEEEEERRSSSS...!!!
Bitcoin's (BTC/USD) price action and technical analysis1. Trendlines
Green Ascending Trendline: Indicates an ongoing bullish trend, connecting higher lows and showing upward momentum.
Blue Long-Term Trendline: Suggests a stronger long-term support level that aligns with the overall bullish structure.
Black Descending Trendline: Marks a resistance zone from a previous downtrend, now broken, signaling a potential trend reversal.
2. Key Price Levels
Pink Horizontal Zone (Resistance Turned Support): Highlights a critical area around $102,000 to $104,000. This area acted as resistance but was broken and may now serve as support.
Current Price: The BTC/USD pair is trading around $105,000, showing strong bullish momentum.
3. Price Projection
Blue Arrows: Indicate a potential bullish continuation pattern, where the price could consolidate around the broken resistance ($102,000-$104,000) before making another upward move toward $110,000 or higher.
Consolidation Zones: Suggest minor corrections or pullbacks before the next upward push.
4. Market Sentiment
The break of the descending trendline and the successful retest of support levels signal a bullish outlook.
The chart suggests confidence in higher highs, with a steady uptrend intact.
Bitcoin 240000$ This Bitcoin (BTC/USD) chart uses the Fibonacci extension tool to project possible future price levels. The key observations are:
1. Current Price and Breakout: BTC is trading at $105,019, having surged significantly beyond previous resistance levels.
2. Fibonacci Levels: The price has surpassed the 0.618 Fibonacci extension level at $99,745, a crucial bullish signal.
3. Next Targets: The next Fibonacci extensions are at:
$151,950 (1.618 level)
$204,154 (2.618 level)
$236,416 (3.618 level), nearing $240,000
BTC new ATH incomingGreat Morning!! Bitcoin pushing for another ATH breaking out of a bull flag with a fib target of $110,000. Today is the last day of the current administration, with Trump coming in on Monday and today being Gensler's last day in office. #LFG Check out #XRP which usually runs last but this cycle is leading the way.
#btc #btcusd #elliottwave short sell setup wave a 17Jan25This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
bricked up patterngood formation of the balls. time to follow the shaft to 150k. oh lord its gonna blow
target hit 104000Trade Update
BTC/USD Trade
1. _Target Price:_ $104,000
2. _Status:_ TARGET HIT
Congratulations on reaching your target price! Your trade was successful!
BTCUSDT - where is supporting region? whats next??#BTCUSDT.. continues selling candles and now market just near to his current expected supporting region.
that is around 89000 to 90000
keep close that region because that region will decide market next move of 5 to 8k pips.
don't be lazy here.
good luck
trade wisely
BTC ATH Test incomingBTC has printed a breakout. Look for a retest of the 100K support followed by a climb to the ATH. I can see 120k coming into range on this rally, if BTC breaks the ATH. if BTC gets a rejection at 108k look for more ranging between the 90k and 108k levels.
target runningTrade Update
BTC/USD Trade
1. _Target Price:_ $104,000
2. _Running Pips:_ 190
3. _Status:_ TARGET RUNNING
Your trade is progressing towards the target price of $104,000. Keep monitoring the market and adjust your strategy as needed.
Bitcoin Breaks $100,000 Once AgainIn a context of volatility, Bitcoin has staged a remarkable rally, breaking past the $100,000 barrier once again, generating renewed optimism in the cryptocurrency market. This bullish momentum, with a weekly growth exceeding 8%, is supported by a confluence of factors ranging from political developments to macroeconomic trends.
One of the key drivers of this rally is the imminent inauguration of President Trump, scheduled for January 20. His well-known favorable stance toward digital assets has sparked expectations of pro-crypto policies, including the possibility, according to reports, of an official declaration of Bitcoin as a reserve. This speculation has resonated with investors, boosting demand and Bitcoin's price. The potential designation of Bitcoin as an official reserve by President Trump could represent a watershed moment for legitimizing digital assets globally.
Institutional capital flows also play a critical role. Significant inflows into Bitcoin ETFs were recorded yesterday, totaling USD 626 million, signaling a growing interest from institutional investors in this asset. These capital inflows strengthen the bullish outlook and validate the increasing adoption of Bitcoin as a legitimate asset class.
From a macroeconomic perspective, recent U.S. economic data, which indicate a relative easing of inflationary pressures, have fueled expectations of a less restrictive Federal Reserve. The Fed is expected to hold current interest rates in the short term, with potential signs of a more accommodative monetary policy in the second half of 2025. This macroeconomic environment favors non-yielding assets like Bitcoin by reducing the opportunity cost of holding them. The prospect of a less restrictive Fed in 2025 creates a favorable environment for assets like Bitcoin, which benefit from lower interest rates, alongside a reduced cost of capital supporting risk-associated assets.
Additionally, the expiration of Bitcoin options contracts, valued at USD 2.2 billion, with open interest concentrated at the strike price of USD 120,000, reinforces optimistic expectations for the short and medium term.
In summary, the current Bitcoin rally is supported by a combination of political, institutional, macroeconomic, and technical factors. While risks remain, particularly if political expectations do not materialize, the overall outlook points to a strengthening of Bitcoin’s price in the short and medium term.
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Bitcoin's Path to $253,953 in 2025 – A Technical PerspectiveIdea Description:
In this analysis, I aim to present why I believe Bitcoin (BTC) could reach $253,953 in 2025. This price target is derived from a combination of historical trends and advanced technical analysis.
1️⃣ Key Resistance: The Historical Trendline
The trendline formed by the peaks of 2017 and 2021 acts as a robust resistance level. Historically, these trendlines have played a pivotal role in determining Bitcoin's price action during bull cycles.
2️⃣ Convergence with SpiderLines
The SpiderLines, established in 2019, perfectly align with the aforementioned trendline, creating a critical confluence zone. This dual-layered resistance suggests that $253,953 will be a significant psychological and technical barrier.
3️⃣ Supporting Market Cycles
Analyzing past cycles, we see that Bitcoin often revisits key trendlines in subsequent bull runs. The historical context suggests that 2025 will align with the next cycle peak, reinforcing this price prediction.
This idea highlights the importance of respecting historical levels and recognizing key confluences in market analysis. What are your thoughts on this projection? Could BTC challenge this resistance and push higher? Let’s discuss!
Bitcoin H4 (Wave Analysis)there are 2 Scenario as shown in chart:
Scenario 1 uptrend
Scenario 2 downtrend
Regards,
BTCUSD 12/20/2024Performance Recap (Previous Analysis from 10/8/2023):
• Entry: 27,948
• Targets Achieved:
o 63k (+127.81%)
o 96k (+244.56%)
• High Reached: 108k
________________________________________
BTC/USD Daily Chart Analysis
Technical Analysis (Current Scenario):
Chart Patterns:
• Cup and Handle Formation:
o Confirmed breakout signals bullish continuation.
o Long-term uptrend reinforced.
Indicators:
• Golden Cross: The 50-day EMA has crossed above the 200-day EMA, signaling a bullish trend.
• MACD: Firmly in bullish territory, confirming positive momentum.
• Hammer Candlestick: Closed at support (around 92K), indicating potential reversal and entry point.
Support and Resistance Levels:
• Support:
o 92K (key level tested multiple times).
o 50-day EMA (current level).
• Resistance:
o None until the 310k target based on the Cup and Handle projection.
________________________________________
Target Analysis:
• Cup and Handle Target:
o Measured distance from the cup's bottom to its neckline.
o Projected Target: 310k.
• Timeline:
o Historical reference to 2013–2017 suggests a 6–8 month timeline with minor pullbacks for additional entry opportunities.
________________________________________
Trade Setup:
• Entry: 97,703.80
• Stop-Loss: 69,092.64 (-29.28%)
• Target 1: 310k (+217.29%, 7.42 RR ratio).
• Target 2: Use a trailing stop based on the 20-day EMA if price exceeds 310k
Summary:
BTC/USD has surged from 27K to 108k since the last analysis, forming a textbook Cup and Handle pattern, which has now broken out, confirming a bullish reversal and signaling a continuation of the long-term uptrend. Key indicators, including a Golden Cross between the 50-day and 200-day EMAs and a bullish MACD, support this momentum.
Currently, BTC is bouncing around the 92K support level and holding above the 50-day EMA, which also acts as a support. The appearance of a Hammer candlestick at this level further solidifies the bullish case and sets the stage for a new long position.
The measured move for the Cup and Handle pattern projects a target of 310k. Drawing from historical price behavior, this uptrend could unfold over the next 6–8 months, with minor pullbacks offering additional entry opportunities.
This setup presents a strong technical case for continued upside, with a clear structure, supportive indicators, and a high-probability target.
