seems like we need to complete this wave before big shortElliot waves counting shows that there is one more wave before considering any long-term short position. Let's see how it plays out. Longby NovaNomadUpdated 4
BTCUSDT Explodes After Trump's Victory – Target 100,000 USDT?Dear traders! 🐂 So Trump has won by a landslide, and BTCUSDT has quickly surged to around 75,000 USDT! Moreover, with the extremely potential "cup and handle" pattern and the signal from the EMA 34/89 reinforcing the buyers, the uptrend is still very strong. Therefore, if BTC maintains above the support zone, the next explosion could push the price up to 100,000 USDT! What do you think about this common view?Longby Boss_SaylorUpdated 225
Overcoming resistance, Bitcoin faces the risk of discountBitcoin (BTC) has adjusted after a recent strong increase, currently trading around US $ 76,300, down 0.27% in the day. On the 4 -hour chart, although the increasing trend is still supported and parallel price channels have been broken, there are signs that show a potential peak about 77,000. The current support level is about 74,727 USD. If this level is surpassed, it can cause BTC to decrease deeper, capable of reaching $ 72,646.Shortby Boss_SaylorUpdated 8
BTC arriving at BIG resistance, early! but....I am bearish BUT, with bullish optimism and a possibility of big a big bull, based on current market momentum. This is actually a great place and likely place for it to pull back based on its prior pattern, but this momentum could prove otherwise. I am marking this neutral and no one wants to review neutral reviews they want to see bull or bear. The thing is we are at a pivotal point that will make the case for either a prolonged bull or bear market. I am not sure if we will break out or break down but I have painted the picture of how we are at that point right now. I will post again bull or bear once it seems to have committed to one or the other but otherwise just keep your eye on the trend lines. ------------------------------------------------------------------------- Here we are around $1000 less of $82.5k and we got here early. We are likely to have resistance here but breaking this line would be really significant and likely signal a parabolic crypto market to come, massive. The odds would put it at pulling back here as it has already twice in the past 4 years, and at minimum some resistance where it can consolidate potentially all the way up until late Dec before making a decision. It may still be December, but really the market feels like it might have enough fire to push through it real soon. ------------------------------------------------------------------------- Order books have actually been fairly range bound all year, we are at the high end but its nothing that screams some large increase in participation of day trading. Per CoinMarketFlow, global order books are around a -10% ratio on a 1d candle average at above 10% depth of market. This is actually ideal as it represents day traders with limit orders that expect the price to rise and less that expect it to fall. This is bullish ATM. I have been seeing lots of alts breaking resistance and converting it to support, lots of chance for jumps. Right now seems like a day traders paradise with 25%-50% sometimes 100% runs in a single day, from lower liquidity, low circulation coins especially. Right now the fire of the market makes me think we may break the resistance and truly fly to the moon. But the fact that order books have only grown by about 10%-15% or so over the last year, does make me question the durability of the run without more gas for the fire so to speak. If BTC breaks that 82.5k and proves it as support, it is as bullish as it gets, like hyperbolic potential. On the other hand, if we resist here again, as usual, then it could be a lot of prolonged pullback with a potential absolute low between $30k-$40k probably - based on this chart you are looking at now and considering a pullback like it did the last two times. So its more of a bearish layup that looks like it has the possibility to convert bullish. I would caution to be vigilant at or near this line and let it choose first before taking any real action. As usual DYOR but consider this trendline as one of your many things to watch to help you make more informed decisions. by EncryptShawn3
Am I the only one who see the Cup in BTC 15M ?High Risk Bullish Cup in M15 of the BTC-USDT Please do not trade based on this possible correction in BTC before Bull RunLongby hosseinshamloo1
Bitcoin’s Wild Ride: Will It Surge Back to $52K?Bitcoin has been trading in a range between $60,000 and $70,000. Here are the key scenarios: Bullish Breakout: If the price breaks out above the $71,000 to $73,000 resistance area, it would signal the end of the ranging movement. This breakout could lead to a continuation of the bullish trend. Bearish Breakdown: Conversely, if Bitcoin falls below the $58,000 to $60,000 support area: We might expect a bounce around the $52,000 level or even as low as $47,000.Shortby Sgt_jerxxlUpdated 6
Btc idea Btc just gapped up from 77,800 on cme futures . Only two gaps have not got filled in the cme there is a high chance that this will get filled before moving higher historically 90-95% of the time they get filled sometime . RSI is little overbought as well expecting a small retrace . Not a recommendation by Todopoderoso3
Cup and HandleHandle finally broke on this long Weekly chart on Bitcoin. Got the next fib level at 90,358.39 zone! Longby StayExcited1
Now could definitely be the time to correct the trendThis correction could even be the beginning of a deep downward movementShortby intelligentCak300747
425K BTC BY APRIL 2025?We are breaking out and going to 425k by April 2025. Remember this post!Longby Burtoshi0
BTC 85-90K ComingSoonThe 4-year cycle is being completed and the conquest of a new peak and then falling again according to the previous 4-year routine. Due to the war between Israel and iran , we will soon see a decline After reaching 85k , be ready to drop again to the 40k range Longby mamin19902
Ready to targets 100KDO NOT FORGET USING A STOP LOSS Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. I hope you are always profitable Longby Nima_aj1
Btc No stopBtc will go up near 82k then retrace to 70kTechnical analysis suggests BTC will briefly touch $82-83K before retreating to $70K support level. Consider positioning yourself for potential volatility." .Longby cryptoking23450
BTC update That it WAS (when Signal was given). BTC as of now trying to break Resistance... to the way to 89K! Good Luck! Longby sunmikee0
BTC updateAs seen here BTC (as expected and posted) reached Target! Congrats! Now, it needs to break (on closing basis) 81K to continue to go Higher!Longby sunmikee1
BTC midterm plan possibility The current Bitcoin chart shows a P.O.3 pattern formation. Looking at the price targets, we can see a clear path to $100,000, which stands as a major psychological price level. The ongoing A-B-C pattern structure supports this price movement. If Bitcoin successfully breaks through the $100k level, we could potentially see an extension to around $120,000. After January, there's a strong possibility of a bullish trend that could help reach these targets, though this remains speculative and uncertain. Market movements depend on various factors, so always do your own research before making any investment decisions.This is one of the scenarios.Other way is going beyond 85k strongly and make pull back or continuation pattern (sideways)after that reach 100k.Longby H-A_T0
BTC midterm plan possibility The current Bitcoin chart shows a P.O.3 pattern formation. Looking at the price targets, we can see a clear path to $100,000, which stands as a major psychological price level. The ongoing A-B-C pattern structure supports this price movement. If Bitcoin successfully breaks through the $100k level, we could potentially see an extension to around $120,000. After January, there's a strong possibility of a bullish trend that could help reach these targets, though this remains speculative and uncertain. Market movements depend on various factors, so always do your own research before making any investment decisions.This is one of the scenarios.Other way is going beyond 85k strongly and make pull back or continuation pattern (sideways)after that reach 100k.Longby H-A_T0
Weekly BTC forecastThis is only my current analysis relying on assumption. There is still wide open area where it could hit later. This is only analysis to give you an idea for helping your scenario trading. Please remember always make the trading plan then initiate placing the position as your scenario meet your trading system AND confirmation. also please set up the SL. by Eventhorizon4862
BTCHere's a long-term analysis on Bitcoin and the potential decline after reaching a new price high. On the weekly timeframe, there appears to be some accumulation, meaning there is strong pressure from both buyers and sellers. However, manipulation is likely to occur sooner or later, leading to two possible scenarios: either a new high will be reached, which is the more likely outcome, or a drop to the $40,000–$30,000 range could happen due to the significant price spike that left behind a lot of unabsorbed liquidity and imbalances. If the latter scenario unfolds, I recommend buying altcoins in a spot wallet and considering a long-term Bitcoin trade around the $31,000–$35,000 price level.by TraderNo007_Updated 3
Bitcoin to 78k this weekendJust entered bitcoin long. Target overall is $78000 or higher but I'll be taking partial along the way. See partials on chart. Fundamentally bitcoin is strong right now and technically the entire market is predominantly bullish. This appears to be the bull run break out where we might not revisit 70k areas again...at least not soon. So am just riding the trend until it ends. Posting now as its time sensitive for anyone who wants to follow along. Will update as the trade progress in comments.Longby FilnftUpdated 224
BTCUSDT: Key Support Zone for Potential ReboundBTCUSDT recently surged, reaching around 76,350 USDT, but now shows signs of a potential pullback. The chart indicates that a retracement could occur towards the support zone around 73,400 USDT (highlighted in blue). If BTC holds above this support level, it could create a strong foundation for another upward push, potentially leading to a continuation of the bullish trend. Traders should watch for price action around this support zone, as a bounce from here may signal a resumption of the uptrend.Longby SanharaUpdated 37
Potential Path for BTCBasic on Fib level and other Fib base time cycle method, this is my current outlook on BTC. Assuming investor don't start selling off right before or at the 100K psychological price level, with interest way going lower and better economy outlook as new president to push policy that will favor investors. We could extend to the 116.8K to 120k before a real correction to come. The MACD and EMAs are still looking very bullish on the daily chart. This is pure speculation and not financial advise. Longby polarity0