BTC buy idea I'm looking for BTC to retest the bullish engulfing candle before a run up.Longby bigdwheeler0
Big drop incomingLowers high and lower lows. The diamond reversal is not confirmed until price action gets and stays above the 200 day MA. There is likely a big drop incoming that will coincide with the rate cut. Shortby ruraldisturbanceUpdated 2
Bitcoin 2025 Prediction and AnalysisI predict we see ~100% increase from prior all time high (ATH) and the Bitcoin Pi Cycle Top sometime in early 2025 (March or April-ish). This puts bitcoin at roughly $140,000 with the better case scenario being $158k. I would like to note that bitcoin has continuously surprised me over the years. I have drawn some hypothetical paths leading towards the next profit zone. The blue is the best case scenario, yellow follows previous structure, and red what I would consider conservative. - Previous Cycle Structures : Each BTC market cycle, subsequent peaks from prior ATH have topped out two rainbow regression bands lower than the previous cycle. This pattern has formed over the past 3 major tops in Dec 2013, Dec 2017, and Nov 2021 - Best Case Scenario : -1.618 Fib Retracement is @ ~$158,000 - Natural Scenario : -0.618 Fib Retracement is @ ~$158,000 The Fibonacci Retracements taken from prior cycle low to breakout past prior ATH. This approximately resembles what the prior cycles did and where they saw consolidation. I'm also taking the cyclical nature of BTC in the beginning life-cycle as halvings affect the supply and hash rates. We have typically seen the peak occur between 150-300 days after breakout . Furthermore, if you average out the month over month ROI since August 2010, we find that April and November have historically seen the best returns at an average of 40% for lower bound and 110% as upper bound. I also took into consideration the low volume we have seen compared to prior peaks. Finally, with the change in administration, I cannot ignore the media and social attention crypto will see in as we head into 2025 and more. ~ hope i'm right ~by austunutsua0
BTCUSD - Bitcoin casually following path of next year ?Don't put to much credit on this one because even me I'm not believe my eyes but this is the reason why I'm not taking profit yet 13 november 2024 is 25 October 2023 - Fibs extensions fit super well with this path, - it's another confirmation for the green path I drew a month ago - 97K for the next coming 10 days is very likely to me - 120K for 25 december 2024 looks like a fairy tale and I want to believe => more than 10% drawdown for BTC is a partial take profit for me and a redistribution in more risky altcoins I made a sort of indicator on my own that says if a certain coin will be worth it to buy for this bull run or no. Can already tell you that SOL , FET , STX and UNI are in it. Will show you my picks next month. See you not financial adviceLongby Investwine0
BITCOIN IS GROWING STEP BY STEP TECHNICAL ANALYSIS + TRADE PLANTechnical Analysis Ascending Triangle Formation The chart displays an ascending triangle pattern, indicating a bullish trend continuation. The price has been forming higher lows while maintaining a relatively flat upper resistance level, suggesting that buyers are gradually gaining strength. Key levels to watch: Resistance: The price is approaching the resistance at $93,143 and $100,000. Support: The ascending trendline acting as support is near $86,721. Indicators: VMC Cipher B Divergences: The indicator shows a continuation of bullish momentum with green dots suggesting buying signals. Bullish Divergence: This is a confirmation of positive momentum and suggests the current trend could continue, especially if it breaks resistance. Relative Strength Index (RSI): RSI is at 56.62, indicating that Bitcoin is neither overbought nor oversold. It suggests that there is still room for upward movement before entering overbought territory (RSI > 70). Money Flow Index (MFI): The MFI is in the green, at 56.02, showing a steady inflow of capital, which supports the bullish outlook. It is not in the overbought range, further indicating the potential for continued upside. Stochastic Oscillator: The stochastic indicator shows values of 77.28 (fast line) and 76.05 (slow line), both suggesting that the price is in the upper range. Though it's near the overbought zone, it isn't extreme enough to signal an imminent reversal. Volume The volume is increasing with each bullish move, indicating strong buying pressure and confirming that the trend is supported by market activity. Key Price Levels: Resistance Zone: $93,143 - $100,000 Support Zone: $86,721 Next Target: A breakout above the $93,143 resistance could target new highs around $100,000 or higher if the market sentiment remains bullish. Trading Plan Entry Strategy: Buy Signal: A break above the resistance level at $93,143 would be a strong buy signal, with the expectation of a continuation to the next target near $100,000. Alternatively, a retracement to the support level at $86,721 could provide a good entry for a long position if the price rebounds from this level, confirming the ascending triangle pattern. Stop Loss Strategy: Stop Loss: Place a stop-loss order below the most recent swing low, around $86,000, to protect the position in case of a breakout failure. This provides a good risk-to-reward ratio if the price does not hold above the support trendline. Profit-Taking Strategy: First Target: The first target for profit-taking should be near $93,143 (initial resistance). Second Target: A breakout beyond this resistance can target $100,000 and possibly new all-time highs (ATH). Trailing Stop: Consider implementing a trailing stop once the price moves in your favor, allowing the position to stay open while locking in profits if the market reverses. Risk Management: Position Sizing: Based on the risk tolerance, adjust the size of your trades to ensure proper risk management. For example, risking 1-2% of your total capital on a single trade is advisable. Review Market Sentiment: Always monitor broader market conditions and Bitcoin-related news for any sudden changes that may affect the trend. Conclusion The current chart signals a bullish continuation for Bitcoin, supported by the ascending triangle pattern, bullish indicators, and increasing volume. A break above $93,143 would confirm the next move towards $100,000. As always, it's important to monitor the market for any shifts and adjust your trading plan accordingly.Longby elfabiiani1
BUY / HODL / SELL - Simple BTC ChartBITCOIN-BITCOIN-BITCOIN - Buy Bitcoin - Hodl Bitcoin - Sell Bitcoin BITCOIN-BITCOIN-BITCOIN by Goops0
BTC to USD Price Index and Live ChartThe BTC to USD price index and live charts are vital resources for anyone navigating the cryptocurrency landscape. Whether you're a seasoned trader or a casual observer, staying updated on Bitcoin’s price movements empowers you to make informed decisions. As Bitcoin continues to shape the future of finance, having access to reliable live charts and understanding their nuances is no longer optional—it's a necessity. Begin leveraging these tools today to stay ahead in the dynamic world of cryptocurrency.by lwawasi0
BTC/USDT idea -progressThis is my bitcoin on tether/usdt opinion. I just following thisby vforvisnetta0
BTCUSD SELL ANAYSIS DOUBLE TOP PATTERNHere on btcusd price form double top and is likely to fall if line 86584.92 break so trader should go for SHORT and expect profit target of 83532.24 and 80425.99 . Use money management Shortby FrankFx140
ALMOST SYMMETRICAL PATTERN It is not quite symmetrical but BTC following this triangle it will be consollidated until breaout/breakdown will come this is my view not buy/sell call.i post this to intimate you all that what is going on.gradually BTC forming higher low intead of higher high.by OM-MADY-stockmarketclasses1
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $92,786 given resistance in effect and holding, Nicely calm here with good sideways movement testing and building support, $88,674 given support in effect, RSI on 4H and 1D looking good, Bullish engulfing on prev 4H, let's see if it follows up with a test of $92,786 resistance. by limitlessnash0
Bitcoin Hi traders. W3 have different data between brokers!! In specified lower high ( red box) in some brokers is higher high!!! Be careful price can break new records and hit historic ceiling by FoxForexVIP0
Milky Way !Hi everyone , just take look at the chart everything is explained ! Green EMA is 20 weeks Pink EMA is 50 weeks Blue EMA is 80 weeks Black EMA is 200 weeks Have fun and always DIOR before investment .Longby DrMomeXUpdated 2
BTC to 35k in the next 2 monthsBTC had a nice rsi divergence in November while everyone was focused on SBF. I expect a rally in the stock and crypto market soon. I believe the reason for the recent down turn (in the last few weeks) is not inflation (since it has been coming down) but the budget to fund the US government. once that is passed and signed, that would be the catalyst for the next market rally as well as the unemployment and CPI data in January. Please do your DD as this is not a financial advice Longby BlackisKingUpdated 272742
Wrong Cup & HandleCRYPTOCAP:BTC Now everyone is drawing a cup and handle and saying that ATH is coming soon, why is it not quite so? 📝Let's talk about the pattern first, the cup handle pattern when the asset has a deep drop, after which it recovers and tries to break past highs. Of course, when the price consolidates near resistance and forms a so-called handle, this is a positive signal. After all, the longer the consolidation in front of the resistance zone, the more likely this resistance will not hold. 💡Most take the depth of the cup and say that this will be the growth (300k+), which is not right at all. Here, in the case of #bitcoin, you need to remember that the figures of the technical analysis do not matter much and you need to look at the fundamental analysis and also take into account seasonality. I expect a break through the resistance not now, but in the coming weeks and definitely a break above 80k in October↗️by FeelsStrategyUpdated 4411
BTC/USD: $100K in Sight – Flex or Fumble?Alright, folks, Bitcoin’s gearing up for what could be its most anticipated move yet—$100,000. We're in an ascending triangle, a bullish pattern that historically breaks upward 70% of the time. But hey, this is crypto, where anything can happen. Currently knocking on the $94,000 resistance, a breakout could send BTC flying to the golden Fibonacci extension at $106K, with stretch goals at $115K and maybe even higher. But let’s not forget the elephant in the room—$100K. $100K: The Big Psychological Wall Here’s the deal: Breakout Up (70%): Expect fireworks and FOMO as BTC rockets toward $106K+. Breakdown (30%): A rejection at $100K could drag us back to the $94K breakout zone—or worse, triangle support near $87K. Game Plan Entry: Wait for a clean break above $94K (don’t FOMO into fake-outs). Profit-Taking: Take 50% off the table at $100K 25% at $106K and HODL a 25% moon-bag. Stop-Loss: Below 87K to keep your wallet safe. Volume and RSI will be your best friends here. Will Bitcoin flex its way past $100K, or will it face-plant into resistance? Grab your popcorn—this one’s going to be fun! 🚀Longby Merrie2
Bitcoin Short idea 1H time framePossible sell on Bitcoin Low risk : Entry 87873.07 Possible 1:1R High risk : Entry in zone 90331.77 - 90667.05 Possible 1:5RShortby Wetrade4selfUpdated 0
BTC Bounced To Perfection - Heading for 92500-93000 now Bitcoin bounced off support for the sixth time in a week. Heading for the resistance for the fourth time. Should see 92500-93000 levels on this bounce.Longby basdg0
BTC perfectly bounced, heading for resistance 92500-93000 Bitcoin seems to have perfectly bounced off 89500-89700 support level, bouncing off support for the sixth time. Might be heading for resistance the fourth time at 92500-93000.Longby basdg0
Bitcoin in 93k - Will the 100k be on the edge?Right now the king is getting a lot of confidence since the elections. But the chart shows that the momentum is very agressive and the actual bullish tendency is very fast. Also RSI and MACD are showing some overbought zones in the actual price so there is no need to discard potential bearish corrections because of volatility. by jepinedac0
BTCUSD (BUYS)4TH entry added at $90k. Final take profit currently sitting at $100k. Since I'm still unsure if i want to extend it to $120k, as I'm sure once we hit $100k there is a good chance we will see a nice pullback where i can look for more buy opportunities and hold to $120k.Longby kenyanboi0
Bounce off support 89500-89700 Bitcoin seems to have a pretty strong support currently, off which it has bounced multiple times. Heading for it again, around 89500-89700.Longby basdg0