BTC is ready for next breakoutBTC chart shows triple bottom on the daily and ready for breakout. Also with Trump taking office after next week we will see the next leg up, hopefully making an ATH. Overall this is the time to buy the dip !!!
BTCUSD trade ideas
ATH Elliotwave idea - The end of the cicleMy Elliott Wave Count and its Implications for the End of this Cycle
This is my bullish scenario where the highs were not breached and the last 5th wave was not truncated. It's important to acknowledge that this 5th wave, the 'Trump pump,' was significantly extended and impulsive compared to wave 1, the beginning of the cycle. Typically, the 5th wave exhibits characteristics similar to the 1st wave. However, in this cycle, the 5th wave more closely resembles the impulsive and extended nature of wave 3.
In this scenario, we can anticipate that this 5th wave, the last major wave, might have been extended, as illustrated in this idea. However, it's crucial to remember that a significant downtrend could ensue if we lose the 85k level. A retracement from that level might necessitate a re-evaluation of the Elliott Wave count.
Bitcoin will go up only after 5 months in May 2025I am super bullish on Bitcoin but also take a realistic view at the technical charts and fundamentals.
First to look at the fundamentals people are still too bullish the market sentiment is not switched to bearish and panic. That's not a good sign to move up.
The fear and greed index is still on greed, so people are not afraid to loose.
There has at lease to be a reset in the sentiment and I don't see that happen soon.
Everybody is hoping with Trumps inauguration the market will go up. But I believe nothing will happen.
The market will consolidate for a couple of months.
Q1 2025 price will not go up that will create the real fear and doubt that's needed. Because people expect the price will go up in Q1 and that doesn't happen.
People are going to get exhausted because it's taking too long, panic sell, ect.
All this will create a bull flag between 107k and 91k the bull flag will take till may - june.
From that point the price will move up.
Looking at the technicals:
From the last bull flag till now BTC moved 60% up. Looking at the current candles it's doesn't look organic that the price move another 60% within this month. The price has to consolidate to get the fuel to move another 50% to maybe 150K.
It looks so strange technically that BTC will make another bull move from here.I don't see that happen soon.
So off course I'm invested already because I was hoping that the price would move up straight away. But I will exit all my positions for BE. And wait for a better entry.
Because price will test the demand zone at 87K for sure before moving up.
ST Long Entry ZoneCloser look at the method I use to identify entry. I will tend to buy a small amount with no stop loss on the candle i think will get closest to the bottom trendline, wait to see if next candle confirms uptrend, and then buy the majority of the order there with some left over to throw in as the price action is certain to move up from the channel. Ill set my stop loss during any time the price action slows and mix market and limit orders depending on how quickly its moving. Use the fib channel levels to determine limit prices as well as stop loss levels. So far $16-$30 of variance is a good idea for anything that requires reliability if trading perps using 1-5min charts(this one is 15m).
Bitcoin can resume the uptrendAfter a turmoil at late Decemeber and begining of January, BTCUSD can finally proceed moving with the uptrend, and here's why:
According to 1-year HODL wave indicator, it has enteted a distribution phase, which normally corresponds with acceleration of the price action in the direction of dominating trend.
BTC statistically grows better on weekends, as fiat market are closed and volatility is pretty low.
Technically, price of BTCUSD is within the dynamic support, which gives it a potentially good trade location and might trigger the new wave of buying to start.
Always DYOR and never forget to manage your risk!
key horizontal support and resistance zoneResistance Level: The upper boundary around 96,000 USD has acted as a cap for upward movement, as evidenced by multiple price rejections.
Support Zone: The lower boundary around 94,000 USD provides a solid floor, with price consolidating above it after a sharp drop.
Recent price action indicates sideways consolidation within this zone. The blue arrow reflects a potential bullish breakout scenario, where BTC could test the 96,000 USD resistance again if buying momentum builds.
Traders may monitor for:
Breakout above 96,000 for a continuation toward higher levels.
A breakdown below 94,000 as a bearish signal for further downside.
Volume confirmation and candlestick patterns around these levels will be crucial for decision-making.
You can adjust this depending on your personal trading insights!
Bitcoin UP x Bitcoin Dominance Down = ALTSEASONCRYPTOCAP:BTC 📈 CRYPTOCAP:BTC.D 📉 = Altseason
✅While bitcoin dominance continues to decrease in February 2017, meanwhile, bitcoin continues to rise and #Altcoin season is experienced for 11 months.
✅While bitcoin dominance continues to decrease in January 2021, meanwhile, bitcoin continues to rise and #Altcoins season is experienced for 11 months.
✅Bitcoin dominance is declining in January 2025 and meanwhile bitcoin continues to rise so we are likely to witness the #Alts season over the next 11 months
What’s Next for BTC: $99K or $84K?Good Morning, Trading Family!
What’s Next for BTC: $99K or $84K?
Here’s the game plan: if BTC corrects up to $93K, $94K, or $96K, it could then pull back down to the $84K marker. But if BTC breaks $96K, we could see it climb to $99K.
This Sunday, I’m hosting a webinar on how emotions can hurt your trading and how to take control of your mindset for better results.
Send me a message or check out my profile for details. If this added value to your trading, like, comment, and share it with someone who needs it.
Kris/Mindbloome Exchange
Trade What You See
BTCUSD BUY ANALYSIS FALLING WEDGE PATTERN Here on BTCUSD price form a falling wedge pattern and is likely to rise more if reach line 101749 so trader should go for long and expect profit target of 108567 and 116809 . Use money management
BTC/USD major support test and liquidity sweep!We have a sweep of sell side liquidity here with the RSI well oversold and signs of the MACD and sell volume slowing down for a possible long position, beware we are at a major support level and if it fails to hold we could see significant selling of and downward pressure to around the 80,000 mark. There are also attractive areas of fair value both above and below the current price that the makers will seek to square up in the near future. what are your guys thoughts ??
Bitcoin is bouncing from the Demand ZoneLong on bitcoin as we have a perfect bounce from the demand zone. although it was only a small shift in structure on the smaller timeframes, we see the btc has respected the demand zone . Im going lon!
Bitcoin bearish scenarioBitcoin has fallen below the daily EMA 20 moving average and is moving away from the previous high. $85000 is the next important support zone and if it doesn't hold, we can expect a drop down to $75000.
BTC to $76k If history is to repeat similar to 2021, expect COINBASE:BTCUSD to retrace to $76k, $76k is also where the CME Gap is as well, looking at this channel that has withstood time and the short-term trend. I do believe $76k is going to happen.
Bitcoin ready for a bigger Correction?We've been repeatedly knocking on this key support level. The more we tap into it the more likely we will break this support level.
If we have a daily close below support we could expect a deeper correction
BTC (Shor-term: Bullish) [Longer-Term: Bearish]Short-Term Target: 98k, potential run to 100k.
Long-Term Target: 87k, waiting for more confluences.
We are currently in a wedge formation. The VWAP, VAL, and Daily S/R levels are in play, and we've already seen a bounce. Today, the US markets are closed due to the death of Jimmy Carter. Tomorrow, the markets will reopen, and the Non-Farm Payroll (NFP) numbers are expected to be released. These numbers are anticipated to be lower. If not, prices may decline sharply.
SP500: Consolidation with positive movement in the 10-year bond yield.
Upcoming: Trump is set to return to the White House on January 20.
Tomorrow's Expectations:
SP500: An aggressive upward move is expected, followed by a potential downturn due to tariffs and unstable geopolitical situations.
BTC: Expected to follow the SP500, maintaining a strong correlation (88% over the last 100 days).
Technicals:
Indicators: RSI, VWAP, AO, ADX, MFI all suggest potential pump-and-dump activity.
Weekly: Bearish
Daily: Bearish (indicative of a bull and bear struggle)
4H: Bearish with short-term bullish potential
30 Min: Bullish
15-Min Insights:
Open Interest (OI): Decreasing while price decreases, with volatile volume – Semi-bullish.
Delta: Bullish
CVD: Bullish
Setup: A+
Bitcoin at a Crossroads: Will It Rebound or Dive Deeper?Hello Intrepid Traders,
Here is my analysis of the current 1-Day Bitcoin Chart
Descending Resistance Trendline on RSI:
The RSI still shows a clear descending resistance line. This reflects weakening momentum during each rally.
If the RSI breaks above this trendline, it would be a leading indicator of a potential bullish breakout in price.
Price Levels:
The price is hovering near the first green support zone (~$93,000). This area aligns with horizontal support and could see short-term buying interest.
If this zone is broken, the price could fall to the lower green zone (~$77,000-$80,000), where strong historical support lies.
EMA Levels:
The green EMA (50-day) is just below the current price and acts as dynamic support. Losing this EMA would confirm bearish momentum and increase the likelihood of further downside.
The red EMA (200-day) near the lower support zone (~$80,000) offers long-term dynamic support.
Bullish Scenario:
A breakout above the descending resistance on RSI and the descending price trendline would indicate a reversal of the current downtrend.
The immediate resistance for such a breakout would be around $100,000.
Bearish Scenario:
A confirmed breakdown below $93,000 could trigger a move to the $77,000-$80,000 zone.
The lack of RSI recovery and a continued downtrend would suggest prolonged selling pressure.
Momentum:
RSI is near neutral but leaning bearish. Without a breakout, momentum remains weak, increasing the risk of further declines.
Bitcoin is at a pivotal point. If the descending resistance trendline on RSI is broken, a bullish move to retest $100,000 is possible. However, failure to hold the $93,000 support and a continued RSI rejection may lead to a deeper correction toward $77,000-$80,000.
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More power to all your trades, my friends!
Intrepid Trader
BTC, how to use the Crypto Fear and Greed IndexHello everyone,
ever wondered how to use the crypto fear and greed index properly?
It’s calculated using factors like volatility, volume, social media sentiment, and surveys, producing a score from 0 (Extreme Fear) to 100 (Extreme Greed).
Today the index showing 43 points, which is close to the fear zone again.
Do you think it's time to buy now?
A Continuation of a Previous Idea to a New ForecastI extended the two green lines from this chart
I predict, overall, that this year is a bullish one.
The yellow is what I expect from a moderate, somewhat subdued run, the blue is what I expect from a utterly rabid one. Last week of October feels good for locking in profits. The target price range is approximately $450,000 to $1,250,000, which is stupid vast. Iust gauge how things are in early July and again early-mid September to qualify the level of rabidity.
BTC 2025 GuideHello Traders,
Here is the possible paths I think BTC will take. I'm leaning towards where the white line goes. A nice run up till April starting with Trump on January 20th. Then I see a pullback before another run up in the summer. There is also a bear case which I show but the way BTC is holding above support I don't believe that to be the likely path. I used many things to create this which Im not gonna go into now. Lets see how I do going forward.
Bitcoin long from 93600$Another chance for those that missed the entry from 91k.
Npoc level is sitting at 93600$ region.
I think soon btc will start to climb higher just like it did 4 days ago.
Soon 100k and very well above 108k level.
BTC Market Panic — The Best Time for HoldersWe are currently at this level, and what's happening in the market is truly astonishing. Especially the wave of panic and fear in crypto communities. Today, I spent an hour reading chats, and everywhere it’s the same: tears, chaos, and uncertainty.
💬 Why is this good?
For experienced holders, panic is an opportunity. It’s the time when weak players (paper hands) leave the market, and those who are here to earn stay for the next big wave of growth.
📉 What would be ideal?
It would be great if BTC dropped below $80,000 to eliminate margin players and maximize fear. After that, the price could rise quickly and sharply, but only with those who are ready for a true bull run.
📊 History
Look at how the market started in 2021. It looks cyclical, and there’s some obvious pattern for those analyzing long-term fractals. People are always looking for conspiracies or playing short timeframes, but because of this, they often earn nothing in the long term. Target: 170k
🔮 What’s next?
I can’t guarantee the history will repeat exactly. But if you want to check if it does, open this post at the end of the year.
Bitcoin is in new bull run leg!According to wave analysis, the 7-month range in 60k range was the bear market and a new bull cycle just started till the end of 2025.
