Wyckoff Distribution on BTCExtended Phase D which could lead to the Phase E with support at previous ATH.
No financial advice, just an idea.
BTCUSDT.5L trade ideas
Bitcoin to 92,823Currently Bitcoin trading above 50 and 200 EMA, which make the near-term momentum is bullish.
Stoch RSI around the 90+ range indicates a possible overbought condition, which can point to limited upside in the immediate term.
RSI just below 70 also puts it near overbought territory but not necessarily at extreme levels.
A Rising Wedge has been formed which is a signal for a potential reversal to 95000 or even lower to 92,823
If volume is picking up on pushes to higher prices, that’s a point in favor of continued upside. If volume dries up as price rallies, it can mean buyers are thinning out.
BTC scalp opportunityJust a quick reminder to myself—right now the price is sitting at 93k. Looks like there's a chance to make a quick trade if it hits around 97.5k. That’s the target for a possible scalp opportunity good luck to me
90K Support About to Break Looks like it's time for a major BTC correction. 94K support failed to hold. Next target for bears is the 90K support line which looks primed to break. If this fails bulls will try to defend the 85K support .
If this support holds, a relief rally to 98K is possible before we start looking at the possibility of a drop to 75K.
IS BTC HEADING FOR DOOM?Based on crt, it has formed a 3 candle model so may be heading to the low of the crt candle. we had a clear turtle soup so this may be heading to the 67000 level. but before that, it has to break the next low on d1 , possibly turtle souped and then the drop. if this happens, THEN ALTCOINS MAY EXPLODE
$BTC analysisKey Levels:
Upper Order Block (OB): This area is located exactly between 0.382 and 0.5 Fibonacci retracement levels and serves as a critical resistance zone where sellers are likely to enter.
Descending Trendline: This trendline intersects with the order block, further reinforcing its role as dynamic resistance.
Lower Order Block (OB+): Found near the 0.236 Fibonacci level, it acts as a strong support zone.
Bearish Scenario:
Triggers for a Downward Move:
Price reacts to the order block between 0.382 and 0.5 Fibonacci levels.
The descending trendline coincides with the resistance area, intensifying selling pressure.
Steps of a Potential Decline:
Step 1: Price faces rejection at the resistance area (OB).
Step 2: The initial support around 97,944 (0.382) will be tested.
Step 3: If this level breaks, the price may drop further towards 95,482 (0.236 Fibonacci) and the lower order block.
Final Step: Continued selling pressure could lead to a deeper decline toward the 91,500 support zone.
Updated Key Levels:
Upper Order Block (OB): Located between 0.382 and 0.5 Fibonacci (97,944 - 99,934).
Lower Order Block (OB+): Positioned near 0.236 Fibonacci (95,482).
Conclusion:
The area between 0.382 and 0.5 Fibonacci retracement is a critical zone for sellers. If the price fails to break this resistance, there is a strong likelihood of a decline toward lower support levels.
Breakout Probability: If strong bullish volume and momentum push through the upper order block, the bearish scenario will be invalidated.
"BTC Alert: Sellers Dominate Until the Price Hits the Bottom!"BINANCE:BTCUSDT
COINBASE:BTCUSD
📈Which side you pick?
Bulls or Bears
Bitcoin (BTC) is currently forming a repetitive pattern. 📈 The price will test the identified support at the bottom of the channel, which could drive the price down toward the 86K-88K level. 📉
If the price drops below 92K, we may see a more significant decline into the 84K range, possibly accompanied by a long shadow reaching the 80-82K area (highlighted in red). 🔻🔍
🧐The Alternate scenario:
If the price stabilizes against the direction of the position below or above the trigger zone (92K), the setup will be canceled.
Bitcoin at $93K: The $6.5B Auction That Could Shake the market1/
🚨 Breaking News: The U.S. DOJ is set to auction $6.5B in Bitcoin, raising questions about market impact. With Bitcoin at $93K and institutional adoption at its peak, is this a turning point? Let’s break it down. 🧵
2/
💪 Strengths of Bitcoin:
🌍 Decentralized Power: No single entity controls Bitcoin.
💎 Scarcity: Only 21M BTC will ever exist—a store of value like no other.
🔒 Network Security: A high hash rate makes Bitcoin one of the most secure blockchains.
3/
📉 Weaknesses:
🕒 Scalability: High transaction volumes lead to slower confirmations.
🌱 Environmental Concerns: Mining’s energy use sparks global debates.
🤔 Complexity: Managing wallets and private keys remains a challenge for beginners.
4/
🌟 Opportunities:
🏦 Institutional Adoption: Major players like BlackRock are entering the space.
🌐 Global Remittances: Bitcoin shines in regions where traditional banking fails.
🪙 Halving Impact: The 2024 halving could reduce supply, pushing prices higher.
5/
⚠️ Threats:
📜 Regulatory Risks: Government actions, like this auction, could create turbulence.
📉 Volatility: Wild price swings still deter traditional investors.
🛠️ Tech Challenges: Rapid innovation might challenge Bitcoin’s dominance.
6/
💵 Valuation at $92,728:
Is Bitcoin overpriced? Some argue its scarcity and adoption justify the value. Others see a speculative bubble.
What do you think—store of value or hype-driven rally? 🤔
7/
📉 The $6.5B Auction Impact:
The DOJ’s planned sale caused a 2.78% BTC dip. Historically, such auctions show limited long-term impact. From March 2023 to today, Bitcoin surged 375% despite similar events. 💥
8/
🤔 Political Timing?
Is this auction politically motivated? Some speculate it’s a preemptive move ahead of a Trump presidency. Critics argue it’s fiscally irresponsible to sell low now, only to potentially buy back higher later. 🏛️
9/
🛠️ Market Response:
Structured auctions avoid market floods. Past events show resilience, with analysts like Ki Young Ju saying, "The $6.5B sale could be absorbed in a week. Don’t panic." The question is: Will history repeat?
10/
💬 Your Take on the Auction:
How will the $6.5B Bitcoin auction impact the market?
Will it spark short-term volatility or will the market absorb the volume effortlessly? Share your thoughts in the comments below! 📩
Daily Market Review and Analysis for BTC: January 4, 2025#BTC (4H timeframe):
The total cryptocurrency market capitalization grew by 3.2% in the past 24 hours.
Bitcoin’s dominance decreased by 0.5%.
Bitcoin broke through the significant $97,400 volume level on an upward impulse but reached the lower boundary of the Ascending Channel, which has previously led to price pullbacks. Additionally, the On-Balance Volume (OBV) line has approached its resistance level, signaling a potential local correction.
Possible scenarios:
– The first support level is expected at the 4H EMA 200 around $96,000.
– If the bounce from this level is weak and BTC fails to climb back above $97,400, the price could drop further to the daily EMA 50 at $94,000. From this point, a reversal is likely, with a renewed attack on the channel's lower boundary.
– A return into the channel would confirm bullish strength and allow BTC to continue its upward trend.
BTC is consolidating below the resistance level at $99,000. If another attempt to break through this zone fails, a local market correction remains a likely scenario. Keep an eye on key support levels and how BTC reacts to them.
I'll enter if #BTC supports OB.I'll go long if #BTC supports OB. 1.15% stop-loss, 30X for 44% gain.
BTC LONG
ENTRY - 91646 - 90416
STOPLOSS - 89877
TP1 - 95609
TP2 - 99473
TP3 - 102767
TP4 - 108327
TP5 - 116539
R:R - 18.34
BTC 89,573Head and shoulders price target as follows 🤌
This is only on the shorter time frame i will update when needed but first breakdown target is 89,573 give or take if we trend around the breakdown line then the price target can be about 88,500 ish
BTCUSDT.P Bearish IdeaTodays trade I'm looking for shorts and here's why. Price shot down and has created a market structure shift on multiple time frames. But now were seeing a small uptrend on lower timeframes. But to me all I see it as is sweeping buy side liquidity because on the daily were still bullish but it didn't tough into the fair value gap though it is very close. I think price will move back down to this fair value gap then we will continue up So I have put shorts up to the fair value gap on daily and I have partials at lows so if those get swept, ill move stop loss to 0 for a free ride trade. let me know what you guys think.
long btcbitcoin 1 D
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target 1 : 99800
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target 2 : 102300
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BTC - ONLY LEVELS THAT MATTER. BLOCK OUT THE NOISE Look at these levels and memorize them. Do not get shaken out. We have not topped. If we fail to hold 90k, cut losses and try again at 85-87k. Final support to keep bullish structure is at 75k but there's an incredibly small probability of that playing out. Save this chart and keep leverage low.
BTCUSD Slipped on 95k$BTCUSD 4htf as I already said that we could see a drop from HH level 95k$ and today we have seen huge waterfalls on BTCUSD
Congratulations who have already take entry
BTC Uptrend continuesSomething that noone sees at the moment. This pattern once happened on BYBIT:BTCUSDT.P chart in the near past. So I assume that Bitcoin will continue its uptrend although market wants us to believe in Head and shoulders pattern. NFA. DYOR.
BTC/USD BUY NOW 95353.01🚀 BTC/USD Signal Alert
It’s time to take action!
🔹 Buy Now: 95353.01
🎯 Target Point: 102000.01
The market is looking strong—don’t miss this opportunity! Trade wisely and secure your profits. 💹
$BTC/USDT UPDATEBitcoin is holding strong above $100K with bullish momentum. A breakout above $102K could push it towards $108K. Watch for a retest of $100K support before the next move.
BTCThere was a beautiful reaction in our blue support Fibonacci zone. Let's see where wave (i) tops and how I can add micro support for wave (ii).
#BTC reaches the target zone📊#BTC reaches the target zone✔️
🧠From a structural perspective, it is very reasonable for the long structure to continue the long trend, so we are also constantly looking for opportunities to go long, but unfortunately, we were deceived by the market's decline yesterday and lost our long orders, ending with a small loss. Today, it is about $437 away from our first entry point.
➡️After reaching the target zone, you need to be wary of the risk of a pullback, so please do not chase the rise in the target zone. Even if you want to participate in a new long trade, you need to reduce the cost of participation. It is best to wait for a pullback before looking for new opportunities.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BITGET:BTCUSDT.P
