BTC - Bear SignalWe have made good profits from BTC's bull move. However, it is now time to take sell positions. Price has broken my liquidity trend line. It now needs to break the 86 500 region then continue dropping. We are selling BTC.
BTCUSD trade ideas
BTCUSD- SELL Strategy Monthly chartIt keeps on going higher, and ok on the basis of positive vibes under new upcoming administration. The technical picture is showing though, a negative divergence, i.e,. higher price and lower high RSI than the previous run of $ 68k (and change).
It is very overbought, and this applies to all crypto. I would be very careful to suggest long, except if I trade it short-term. I would not hang on to it though for long.
Strategy SELL @ $ 75,000-80,000 thereabouts and take profit @ $ 50,000.00. Wanted to write $ 40,000.00, but maybe to optimistic :)
Technical analysis on Bitcoin USDTHere’s a basic technical analysis based on the indicators shown:
Price Action
The chart shows an upward trend for Bitcoin (BTC/USD) over recent candles, indicating bullish momentum. The price has risen from around $74,000 to above $88,000.
Relative Strength Index (RSI)
RSI Value: 59.86 (visible on the right)
An RSI value around 59.86 suggests that the asset is neither oversold nor overbought, with a slight tendency toward bullishness. Typically, RSI values above 70 indicate overbought conditions, while values below 30 indicate oversold conditions. As RSI approaches 60, it signals a continuation of bullish strength without yet reaching the overbought zone.
Moving Average Convergence Divergence (MACD)
MACD Line (Blue): 281.28
Signal Line (Orange): 316.25
The MACD line is slightly below the signal line, which could indicate a potential bearish crossover if the trend continues. However, since both lines are close together, there may be some consolidation or a minor pullback before any clear bearish trend.
Support and Resistance Levels
Support: There seems to be support around the $76,000 - $78,000 level, where the price bounced previously.
Resistance: Resistance is currently near the $88,000 level, where the price is trading. A breakout above this level could signal further bullish momentum.
Overall Analysis
The chart is showing bullish momentum with the price in an upward trend. However, with the RSI approaching 60 and a possible MACD crossover, there might be some consolidation or minor pullback before further moves. If the price breaks above the $88,000 resistance level, the bullish trend may continue; otherwise, it might range between $76,000 and $88,000.
BTC CUP and HANDLE?BTC made triple top not it is making cup and handle pattern. If it successfully brakes the handle it might reach to 120-122K
$BTC bottom and top targets. Top = $123-127k, bottom = sub $10kThis is the chart I'm using to guide the top and bottom of the cycle.
Now that we've decisively broken above the bull/bear line, the next targets on the chart are $83-$86k and then $123k-127k.
Those should be significant resistances where price will reject. If we make it up to the top resistances, I think that will mark the end of the cycle.
As long as we don't break below $66k after touching those resistance levels, price will remain bullish.
If we break below $66k, then the $9k bottom is possible.
Simple as that.
Bitcoin now game over for BullsExpecting Bitcoin to retrace now towards 67000-70000$ level now
We have book profit from 64000 to 88000$ and now expecting major correction
BTCEveryone keeps asking me where is #bitcoin going and this is what i sent them a few weeks back...
well here is so far so good...
88888 according to the previous analysishello
It has been a long time since my previous analysis for Bitcoin
But I am still determined that the price of Bitcoin will be 88888 soon
This market requires patience
and adherence to strategy
be profitable
Bitcoin 88888hello friends
I hope you are well
Bitcoin has completed its three correction waves and is preparing for the next upward move
The lowest price we will reach in the near future is 88888 and we will see much higher numbers in the near future.
Be successful and profitable♥️🌹
why did bitcoin hit on the gasSimple btc is directly correlated with the stock market 'the S&P 500'.
also, It has zero cash flow and it fails to meet the essential functions of a currency:
1. A means of exchange : It is innately deflationary, causing people to hold onto it rather than spend it, expecting its value to rise.
2. A store of value : Its extreme volatility fluctuating by 20% to 30% renders it an unreliable option for storing value.
3. A unit of account : We rely on central bank currencies to measure the value of goods and services, not Bitcoin. It simply does not work as a unit of account.
COPY—Since 8/22/24–“BITCOIN MEASUREMENT HIGHLIGHTS!” ($79k)A correction is near! View my red circle and the pattern—$79k but can be sooner! Today is 11/6/24 4:08 Pm pacific time and you have been warned since 11/5/24. This only applies to short term investors.
Since Bitcoin has reached an all-time high (ATH), it currently lacks a clear price structure or established resistance levels, making it harder to predict. Right now, it’s going through phases of “contraction” – periods of small, limited price movement. These contractions can be deceptive, often set up to lure in retail investors by creating the illusion of stability or a predictable trend. Once enough investors are drawn in, a larger move (either up or down) may follow, catching those investors off guard.
Bitcoin is approaching a potential contraction bleed; while the exact timing is uncertain, the DARK POOL signals are showing clear signs.
“Bitcoin operates on a halving cycle, a pattern where the reward for mining new blocks is cut in half roughly every four years. This halving reduces the rate at which new Bitcoin is introduced, making it scarcer over time. Historically, each halving has triggered significant price increases within the following months, as reduced supply meets steady or rising demand.”
Right now, Bitcoin seems to be following this pattern again. Many expect that as we approach the next halving, we could see increased price activity as scarcity rises. However, while the pattern has held in the past, it’s important to remember that markets can be unpredictable.”
Contraction Debugger— A contraction debugger helps spot patterns in market behavior that indicate periods of “quiet” or lower activity. It’s useful for getting a sense of potential changes in momentum without revealing too much about what those changes might mean. By tracking these quieter periods, the tool provides insights into times when the market may be preparing for its next phase.
My contraction direction points upward
Keep revisiting this idea for the latest updates, as I’m unable to send automatic email alerts to followers.
83K TOP - 2 years of Distribution (BTC My Thesis)LOTS of FAKE OUTS BIG and SMALL.
We see a familiar formation.
Three Peaks and a domed castle.
Bears be faked out and bulls will be rekd.
1. We have completed the first peak in March 2024.
2. July was the Bottom of the first peak
3. Lots of opportunities for swing trader and few for holders.
4. we are on going for the second fake out.
5.The next dates are on the charts.
6. The cycle may end by September Next Year.
a predicted conflict between India and China may be a catalyst for a 40k bear trap in 2025 april. How did I know? shhh.
Lots of Volatility.
take profit always.
Lots of love.
my best analysis for 6 months of BitcoinThis analysis reached the target exactly after 6 months with 100% sensitivity.
Sasha Charkhchian
double top#btc is pennies away from printing a {double-top} priced in gold.
Bull will want to see a daily close above blue.
Still a long way to go to breakout past ATH, which was printed in Nov 2021.
#bitcoin #gold #ethereum
2024-11-11 - priceactiontds - daily update - bitcoinGood Evening and I hope you are well.
tl;dr
bitcoin - Max bullish. 100k next. Don’t fight it. I scalp long on strong momentum.
comment: No doubt this will go to 100k. The move is so beyond everything at this point, no one will stop this. I would not be surprised if this hits 100k, to then dip 20-30% in 4-8 weeks after that. For now, don’t fight it and join strong momentum. 4h 20ema has not been touched since Wednesday.
current market cycle: peak euphoria - small pullback bull trend
key levels: 70000 - 100.000
bull case: Bulls want it bad. They will likely get it soon. Any decent dip is bought and we are printing 2-3% 1h bull bars. 4h tf shows 2 clear legs already, third one will likely lead to 100k.
Invalidation is below 80000.
bear case: Any pullback is mostly going sideways and it looks like it’s only bulls taking profits. Can’t be a bear in this. Don’t even try.
Invalidation is above 110.000.
short term: max bullish for 100k
medium-long term - Update from 2024-11-11: 100k and then down to 70000 in 2-4 weeks.
current swing trade: No thank you.
trade of the day: Long anywhere and for any reason.
We are very close to a full blown out bullrun in 2025"The whole model consists of 5 submodels:
0. Days t since GB to normalized blocks h = Blocks/210k piecewise linear transformation (Preliminary step).
1. Power Law (log-log linear regression) over h. BTC = h^5.4*10^1.5
2. Diminishing return bands. -0.79^(h+0.9)<deviation of Log10(BTC) from the Log10 of the PL <+5/3*0.79^(h+0.9)
3. Harmonic oscillator with diminishing amplitude. Sin(2pi*h)
4. Time delay learning curve G(h)/2pi.
5. Lines and zones inside the bands.
That is all. Nothing else! Just verify the math."
Leo Heart
bitcoin is flying i told you guysbitcoin is flying i told you guys like to make profit asking me how?
BTC ath, AI, U.S. election, Interest rateThe markets, which had increased with the monetary expansion during the pandemic, had started to tighten with the long-term increase in interest rates. With the decrease in liquidity, there was no serious money flowing into the markets. The fact that interest rates will gradually decrease, the results of the elections in the United States, BTC making ATH and the printing of 1 billion dollars of tether last week, all bring together the puzzle pieces for the beginning of a new story. Our real story will undoubtedly be artificial intelligence. We are witnessing the first years of the cycle at the end of the modern age and the beginning of the Artificial Intelligence age. Let's see where humanity will be in 100 years.
BTC on the Move: Are We Heading to $118K?Hey trading family, here’s what I’m seeing for BTC right now—let’s break it down:
1️⃣ BTC could push up to $86– GETTEX:87K , then correct to $83,500 or even deeper to GETTEX:82K before making its next move.
2️⃣ If BTC breaks through $86– GETTEX:87K , we’re looking at a move to $89–$91K, followed by a correction to $84–$85K, and then another leg higher.
3️⃣ The big one: BTC could slowly push through all these levels, heading to $94K on its way to the ultimate target of $118K.
Stay chill, follow the trend, and remember to trade what you see. BTC is making waves—don’t fight it, ride it.
Mindbloome Trading / Kris
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MicroStrategy Purchases 27,200 BTC Worth Over $2Bln, $BTC up 2%In a bold move signaling confidence in Bitcoin’s future, MicroStrategy has acquired an additional 27,200 CRYPTOCAP:BTC , worth over $2 billion, bringing their total Bitcoin holdings to an impressive 279,420 BTC. This acquisition further solidifies MicroStrategy’s position as one of the largest corporate holders of Bitcoin, placing them ahead of many major institutions in the digital asset space. As Bitcoin continues to break new highs, the company is not only seeing massive unrealized profits but also positioning itself as a key player in the ongoing adoption of Bitcoin.
MicroStrategy’s Bitcoin Strategy: More Than Just an Investment
MicroStrategy’s co-founder, Michael Saylor, has long been a proponent of Bitcoin ( CRYPTOCAP:BTC ), often emphasizing the digital asset’s potential as a hedge against inflation and a store of value. With their latest purchase, MicroStrategy has made it clear that their bullish stance on Bitcoin remains unwavering.
At an average purchase price of $42,692 per CRYPTOCAP:BTC , MicroStrategy's total Bitcoin investment has now exceeded $11.9 billion. With Bitcoin trading at new all-time highs, the company is currently sitting on an unrealized profit of over $10 billion. Saylor’s announcement not only highlights MicroStrategy’s commitment to Bitcoin but also demonstrates the company’s strategic approach to accumulating Bitcoin, especially during market downturns or periods of consolidation.
But it's not just about the numbers. MicroStrategy’s commitment to Bitcoin is a reflection of a larger trend among institutional investors. The company’s purchase of Bitcoin continues to position it as the fifth-largest Bitcoin holder globally, behind only Satoshi Nakamoto, Binance, BlackRock, and Grayscale. What sets MicroStrategy apart, however, is its position as the top Bitcoin holder among publicly traded companies, owning a significant 1.2% of Bitcoin’s total circulating supply.
Bitcoin’s Technical Outlook: Poised for Growth
As of the time of writing, CRYPTOCAP:BTC has risen 1.56%, marking a continuation of the bullish trend that has dominated the market in recent weeks. While Bitcoin is already trading at elevated levels, the technical indicators suggest that the digital asset’s rally may be far from over.
One of the most notable patterns on the CRYPTOCAP:BTC price chart is the falling wedge formation. A falling wedge is typically seen as a bullish continuation pattern, indicating that despite recent price declines, the asset is setting up for a significant upward move. The RSI is currently at 78, signaling that Bitcoin is in overbought territory, yet this doesn’t necessarily mean a price reversal is imminent. In fact, the overbought condition could be a reflection of the strength and momentum behind Bitcoin’s bullish movement, with room for further growth.
Additionally, Bitcoin has formed a golden cross pattern, where the 50-day moving average crosses above the 200-day moving average. This is widely considered a highly bullish signal, historically associated with major price rallies. With these key technical indicators in play, CRYPTOCAP:BTC looks poised to break past the $90,000 level, a price target that seems increasingly achievable given the current market conditions.
Global Economic Shifts and Bitcoin’s Growing Role
What’s perhaps most significant about Bitcoin’s current trajectory is how its role is evolving on the global stage. As more institutions and corporate players like MicroStrategy continue to accumulate Bitcoin ( CRYPTOCAP:BTC ), it’s clear that Bitcoin is no longer seen solely as a speculative asset but as a legitimate store of value and a hedge against economic uncertainty.
The increasing adoption of Bitcoin ( CRYPTOCAP:BTC ) by both institutional and retail investors has already begun to shift perceptions of the digital asset. The current economic climate, characterized by rising inflation, volatile fiat currencies, and increasing geopolitical tensions, has created a perfect storm for Bitcoin’s rise. As traditional markets struggle with inflationary pressures, Bitcoin's limited supply and decentralized nature are becoming more attractive to investors seeking a stable and predictable asset.
MicroStrategy’s latest acquisition comes at a time when Bitcoin is nearing new all-time highs, and the company’s strategic positioning in the market reinforces the broader trend of institutional confidence in Bitcoin. As one of the largest corporate Bitcoin holders, MicroStrategy continues to lead the charge, and its actions signal to other institutions that now may be the time to accumulate Bitcoin.
What’s Next for Bitcoin and MicroStrategy?
With Bitcoin showing signs of further bullish movement, many are wondering just how high CRYPTOCAP:BTC can go in this current market cycle. With the support of key technical patterns, such as the falling wedge and golden cross, and MicroStrategy's unwavering belief in Bitcoin’s long-term potential, the stage is set for CRYPTOCAP:BTC to reach new heights in the coming months.
The path ahead may still be volatile, but the overall trend remains overwhelmingly bullish. As the world becomes more familiar with Bitcoin ( CRYPTOCAP:BTC ) and its potential, both the institutional and retail sectors are likely to continue increasing their exposure to the digital asset. The combination of strong institutional support, favorable technical indicators, and Bitcoin’s role as a global store of value suggests that CRYPTOCAP:BTC could be on the verge of breaking through the $90,000 barrier—and possibly even higher.
For investors, traders, and institutions, MicroStrategy’s latest acquisition is a signal of what’s to come: Bitcoin is not just a speculative investment but a powerful asset in today’s global economy. With a growing number of institutional players following in MicroStrategy’s footsteps, the future of Bitcoin has never looked brighter.
Conclusion
MicroStrategy’s latest purchase of 27,200 BTC underscores the company’s continued belief in the long-term potential of Bitcoin. With the company now holding nearly 280,000 BTC and seeing significant unrealized profits, it’s clear that their Bitcoin strategy is paying off. As CRYPTOCAP:BTC continues to rise, MicroStrategy’s position as the largest publicly traded corporate holder of Bitcoin sets a precedent for other companies to follow suit. With Bitcoin's technical indicators suggesting further growth, CRYPTOCAP:BTC is primed for a bullish rally, and MicroStrategy’s strategic move could mark just the beginning of a broader institutional shift toward Bitcoin.
