BTCUSDT.P trade ideas
Bitcoin is getting ready for next $100k moveBitcoin/USDT perpetual contract on the 15-minute timeframe, highlighting key levels, patterns, and possible scenarios for Bitcoin's next price movement. Here's an explanation of the image:
Downtrend and Resistance:
A green downward-sloping trendline marks the current resistance level.
The price appears to have recently moved downward but is attempting to break out of the descending trend.
Key Support and Demand Zone:
A green rectangle at the bottom (~96,500 level) highlights a support or demand zone, where buyers are expected to step in.
Bitcoin has bounced from this area, indicating that it could serve as a strong floor for the price.
Moving Average (Orange Line):
A moving average (likely the 50-period) is visible, suggesting a dynamic resistance. The price has interacted with this line, showing its importance as a level to watch.
Consolidation Pattern:
A potential ascending triangle or range-bound consolidation is forming (marked by the white zig-zag lines). This pattern often signals a continuation of the trend, depending on the breakout direction.
Key Levels to Watch:
Resistance at 97,608: If the price breaks this level, it may continue upward.
Target at 98,430: A breakout from the downtrend and consolidation could lead to this next significant resistance level.
Possible Scenarios:
Bullish breakout: The price breaks above the green downtrend line and moves toward the 98,430 target.
Sideways movement: Consolidation continues within the range before a breakout occurs.
Bearish breakdown: If the price loses the green support zone (~96,500), further downside could follow.
The chart suggests traders are preparing for a decisive move, with the breakout direction determining the next phase of Bitcoin's short-term trend.
Strange A Big Bullish and A Big Bearish Chart of BTCMy Analysis of the BTC chart is connected with the Geo-political situation. If a no-war is declared in the Middle East, Bitcoin is ready to break all records but in case of a war the price may go to the completion of A Harmonic which may take the price even lower than 10k
BTC Targeting 105K Before Potential Retracement
Hello dear BTC maxis! I hope you are having the time of your life.
This is BTC on the daily time frame, heading to the moon. My humble prediction is that the 127.20% Fib extension level could be a key retracement level and the point where altseason might kick off. This is just a prediction and does not account for any specific trading actions. What we can do for now is enjoy this wonderful BTC run, and when the time comes, we will take action.
Remember, patience is key in this game.
Thank you for reading, and feel free to boost or comment!
Roles in the market-LC (Liquidity Consumer)LC (Liquidity Consumer) refers to liquidity consumers in the forex market, the demand side of market liquidity. They execute trades by accepting quotes and play a crucial role in driving market liquidity and price discovery. Below is a detailed explanation of LC:
1. Definition of LC
• Liquidity consumers are market participants who obtain quotes from Liquidity Providers (LP) and execute trades.
• LCs can be individuals, institutions, or brokers. Their primary purpose is to trade using the two-way quotes provided by LPs or distribute liquidity to end users.
2. Types of LC
LCs can be categorized into the following types based on the nature of the participants:
(1) Retail Forex Brokers
• Role:
Brokers obtain forex market quotes (bid and ask prices) from LPs and provide them to retail clients.
• Features:
• Typically, brokers add a markup to the quotes as a source of profit.
• As liquidity consumers, they do not directly provide liquidity themselves.
(2) Hedge Funds and Large Trading Institutions
• Role:
These institutions trade directly with LPs, often executing large transactions or arbitrage strategies.
• Features:
• Their trading activities can significantly impact market prices.
• To reduce transaction costs, they may source quotes from multiple LPs.
(3) End Traders (e.g., Corporations or Retail Traders)
• Role:
These traders access LP quotes indirectly through brokers to fulfill personal or business trading needs (e.g., currency settlement for international trade or hedging currency risks).
• Features:
• Trade sizes are usually small.
• They have a limited impact on market prices.
3. Functions of LC
LCs perform the following functions in the forex market:
(1) Trade Execution
• LCs obtain quotes from LPs and choose to buy or sell based on their needs, completing the transaction.
Examples:
• Brokers execute buy/sell orders for their clients.
• Hedge funds complete large-scale trades based on strategic goals.
(2) Liquidity Consumption
• Every trade executed by an LC reduces the liquidity provided by LPs, driving price discovery.
Examples:
• A large institution executing significant trades may deplete liquidity, causing market volatility.
(3) Market Price Movement
• LC behavior influences market supply and demand, driving price fluctuations.
Examples:
• Large buy orders can push exchange rates higher, while sell orders can drive rates lower.
4. How LC Operates
The operation of an LC involves several key steps:
(1) Obtaining Quotes
• LCs receive two-way quotes (bid and ask prices) from LPs.
• These quotes are typically updated in real-time.
• Large LCs may aggregate quotes from multiple LPs to secure the best pricing.
(2) Trade Execution
• LCs decide which quote to accept based on their needs or strategies.
• Retail clients execute trades via brokers.
• Institutional clients may execute trades directly through electronic trading platforms.
(3) Risk Management
• Large LCs (e.g., hedge funds) often manage risk using hedging strategies.
Example:
• Buying EUR/USD from one LP and selling EUR/USD to another to lock in profits.
5. Characteristics of LC
Advantages
• Access to Liquidity:
LCs can access competitive quotes from multiple LPs to secure the best pricing.
• Flexibility:
LCs have the freedom to choose when and how to execute trades based on their specific needs or market conditions.
Challenges
• Transaction Costs:
Every trade incurs costs, such as spreads and commissions.
• Price Slippage:
Large trades may move the market, leading to worse execution prices than expected.
• Dependence on LPs:
LCs rely entirely on LPs for liquidity. During periods of reduced liquidity, trades may face delays or fail altogether.
6. Importance of LC in the Market
LCs are fundamental to forex market transactions and contribute to the following:
• Price Discovery:
The trading behavior of LCs drives price changes, ensuring that market prices reflect real supply and demand conditions.
• Liquidity Consumption:
LC behavior prompts LPs to adjust quotes, maintaining a balance of market liquidity.
• Meeting Trading Demand:
By executing trades, LCs provide opportunities for end users (e.g., retail traders or corporations) to participate in the market.
Conclusion
LCs are critical participants in the forex market. By accepting quotes and executing trades, they drive liquidity flows and price dynamics while forming a key operational link with LPs and brokers.
What's Next for Bitcoin Price Rally-Every Dip To be a Good EntryThe market sentiments have turned bullish for BTCUSDT as the levels are inching close to $100K. With almost all the BTCs in profit, this could be just a psychological barrier that may strike some of the traders who could extract some profits. This does not mean the bears may outperform the bulls, as the BTC price rally has just started.
The historical pattern suggests there could be no hindrance until $100K or levels slightly above this. However, after the sellers get exhausted, the rally could revamp with a strong upswing and breach through the ascending resistance line. This move could attract massive volume. Otherwise, a failure may compel the price to maintian an ascending consolidation along the trend line.
Therefore, be ready for a volatile weekend ahead!
BTC updateBTC coming to Target (1st):
New targets (step-by-step) after reaching Levels marked by Arrows.
Good Luck!
BTC/USDT ANALYSIS CRYPTOCAP:BTC continues it BULLISH uptrend, but be cautious as the 100k price could be a resistance.
BTCUSDT WILL HIT 100K SOON!BTCUSDT has formed two patterns flag pattern and cup & handle which strong indicates that bulls in control. The Pattern has retested the price in demand zone and about to breakout , we cane expect a 100k level end of the year and further it could reach to 115k to 120k levels.
update on $BINANCE:BTCUSDT BTC rally is not finshed yet ) heading minimum to $100k, maximum see fibonacci levels on the graph.
Our educated guess based on the WA and other experts analysis is $104k.
Then a correction week or more long, that will most likely broaden the channel of a bigger impulse (wave 4) somewhere close to 87-88k.
BTC post halving scenariobased on previous halvings, expecting price to come down a bit and accumulate before starting the climb up.
Fib trend gives me 2 significant targets for highs: Mid Jan 2025 and mid Jan 2026.
I've mapped out potential fib targets based on standard fib extension targets.
i.e. 2.272 - 2.786.
However saying this, fib extensions from low to halving project different targets for a bullrun.
previous bullruns have reached fib extensions of between 8-9.
I'll add another chart in the comments showing this.
BTC macro flag bullish ScenarioBTC has completed 2.5 waves in the current flag.
The 0.5 bounced on the midchannel of the flag and we're currently seeing a push towards the top of the channel. breaking through here, if could btc flips resistance into support we could see it springboard from here.
BTC Bullish IdeaThe Fractal from the 2020 bull run looks very similar to the current bullish fractal BTC is in at the moment.
Also looking at the RSI on high time frame (3 day chart) we can see a clear pattern. 3waves descending on the RSI, before a breakout to the upside on 7th Sep. Same pattern on the market cipher B indicator.
Expectation is that there is an imminent breakout soon (day, or weeks) as pressure keeps building, the release will be explosive.
An Exciting Breakout In BtCWow, Bitcoin beautifully invalidated the correction scenario, as I mentioned it should happen with increased volume, making it one of the most exciting invalidations for the market.
The buying momentum in Bitcoin is so strong that it doesn't need any liquidity provision. Now that it has broken the upward triangle, the first classic target is 104,000, followed by 110,000.
Bitcoin maintains its upward trajectoryThis is an approximate analysis of Bitcoin’s movement. Its presence in an upward trend gives it a great opportunity to head to a new peak in the near future as long as it maintains its upward path as shown in the drawing on the chart.
This is not investment advice and you are free to buy and sell at your own risk
Share your opinion about the upcoming Bitcoin movement
BTCUSDT 1H Reversal Points;
Bitcoin is expected to form either a high or a low around the following dates.
How i/to use it correctly;
Identify the trend correctly before the reversal date.
Better if there is a good possibility of a high or low.
Wait for a reversal candle.
Enter, putting your SL above or below the candle.
Double your SL.
When to get out is optional but do secure yourself.
Use the R System for Forex Trading.
This technique is still under development. I am not responsible for any outcomes or consequences that may arise from following these instructions. Proceed at your own discretion.
BITCOIN BULL RALLY Bitcoins is pumping due to the Election won in the United States. It’s bullish now but remember it’s was supposed to retest the blue line, before going up.
This is a financial advice for crypto traders.
Bitcoin - 1D Elliott Wave AnalysisGreetings, this is my current Elliott Wave count for Bitcoin on the daily timeframe.
In August we bottomed in the green Wave 4 and are working on green Wave 5 since then.
Of this green Wave 5 we have finished blue Wave 1 and 2 and are close to finishing blue Wave 3 after which we expect a pullback in blue Wave 4 before another rally.
Next targets for blue Wave 3 are the 1.618 FIB at 95'359 USD and the 1 to 1 FIB at 98'322 USD.
In case of an extension we'd be looking at the 1.38 FIB of a higher count at 112'194 USD which is right below the 1.236 FIB at 115'948 USD and then the 1.38 FIB at 128'222 USD.
Support for blue Wave 4 is between the 0.236 FIB at 84'857 USD and the 0.618 FIB at 68684 USD.
Noteworthy is that our previous ATH is around the 0.5 FIB at 73679 USD which could function as further support if we reach it.
Be aware that the blue Wave 4 support can morph and change if blue Wave 3 extends to the upside.
Thanks for reading.
NO FINANCIAL ADVICE.
Bitcoin analysis for long term I think that Bitcoin is about to end the current bullish cycle that came about because of the recent wars. Bitcoin followed gold in the last two years in the upward trend because of the wars, the war between Ukraine and Russia, the Israeli war on Gaza and Lebanon, and the global political and economic conflicts, which led to a very large rise in Bitcoin and gold, but I think that this current cycle is about to end after these wars reached closed areas and brought prices to very inflated prices. I think that this is a very big opportunity in alternative currencies because they will start to rise because many will liquidate Bitcoin by buying alternative currencies in order to increase profits and exit in the upward trend. I think that alternative currencies will rise between 100% to 1000% for each currency, so I see it as a suitable opportunity to get rid of Bitcoin between the current prices up to $105,000, and after that there will be downward waves that will last for a period that is not short, but may extend for months or years.
