Update Daily Graphone more wave to the bull run, we going up to 100k for sure(3 months). Daily I put a target on 80k after develop of wave C on Elliot's correction
BTCUSDT.PS trade ideas
BTC CUP & HANDLE> WKI see a beautiful Cup and handle pattern on the weekly chart with a Bullish flag inside the handle of the cup. This looks Extremely Bullish to me here. I set a tp around 120k with low leverage. This will be a long Term Play. Lets watch
Maybe?Why Bitcoin Could Reach $170,000 in 2025
As we look ahead to the next 12 months, there are several key factors that suggest Bitcoin could experience significant price appreciation, potentially reaching $170,000 by the end of 2025:
Halving Event in April 2024: Bitcoin's halving cycle, occurring approximately every 4 years, typically results in a reduction in the rate at which new BTC is mined, thus decreasing supply. Historically, halvings have been followed by significant price increases due to this reduced supply and growing demand.
Institutional Adoption: Institutional investors continue to show growing interest in Bitcoin as a hedge against inflation and a store of value. With more traditional financial institutions offering Bitcoin exposure, and major companies like Tesla, MicroStrategy, and even nation-states such as El Salvador embracing Bitcoin, we can expect more capital inflow into the space.
Global Economic Uncertainty: With rising inflation, geopolitical tensions, and economic instability, Bitcoin is increasingly viewed as "digital gold." Investors are looking to diversify into assets that are decentralized and outside the control of central banks. This growing demand, paired with Bitcoin's fixed supply, could push prices higher.
Increased Regulatory Clarity: As governments around the world move toward clearer regulations for digital assets, Bitcoin could become more mainstream. Regulatory clarity would reduce uncertainty and attract more institutional and retail investors into the space, further boosting its price.
Technological Developments: Bitcoin's ongoing development, particularly with improvements in scalability (e.g., Lightning Network), security, and its growing integration into the global financial system, makes it more attractive as both a store of value and a medium of exchange.
Bullish Long-Term Sentiment: Historically, Bitcoin has seen major bull runs after periods of consolidation, especially when combined with strong network growth and increasing user adoption. As we move further into the adoption curve, more and more people are likely to recognize Bitcoin's potential.
Conclusion: While Bitcoin's price is volatile in the short term, the combination of reduced supply, growing institutional interest, macroeconomic uncertainty, and ongoing technological advancements make a price target of $170,000 increasingly realistic in 2025.
Maybe?Why Bitcoin Could Reach $170,000 in 2025
As we look ahead to the next 12 months, there are several key factors that suggest Bitcoin could experience significant price appreciation, potentially reaching $170,000 by the end of 2025:
Halving Event in April 2024: Bitcoin's halving cycle, occurring approximately every 4 years, typically results in a reduction in the rate at which new BTC is mined, thus decreasing supply. Historically, halvings have been followed by significant price increases due to this reduced supply and growing demand.
Institutional Adoption: Institutional investors continue to show growing interest in Bitcoin as a hedge against inflation and a store of value. With more traditional financial institutions offering Bitcoin exposure, and major companies like Tesla, MicroStrategy, and even nation-states such as El Salvador embracing Bitcoin, we can expect more capital inflow into the space.
Global Economic Uncertainty: With rising inflation, geopolitical tensions, and economic instability, Bitcoin is increasingly viewed as "digital gold." Investors are looking to diversify into assets that are decentralized and outside the control of central banks. This growing demand, paired with Bitcoin's fixed supply, could push prices higher.
Increased Regulatory Clarity: As governments around the world move toward clearer regulations for digital assets, Bitcoin could become more mainstream. Regulatory clarity would reduce uncertainty and attract more institutional and retail investors into the space, further boosting its price.
Technological Developments: Bitcoin's ongoing development, particularly with improvements in scalability (e.g., Lightning Network), security, and its growing integration into the global financial system, makes it more attractive as both a store of value and a medium of exchange.
Bullish Long-Term Sentiment: Historically, Bitcoin has seen major bull runs after periods of consolidation, especially when combined with strong network growth and increasing user adoption. As we move further into the adoption curve, more and more people are likely to recognize Bitcoin's potential.
Conclusion: While Bitcoin's price is volatile in the short term, the combination of reduced supply, growing institutional interest, macroeconomic uncertainty, and ongoing technological advancements make a price target of $170,000 increasingly realistic in 2025.
BTCUSDT New position updated It seems going to touch blue line again then going up till 86370
The stock market is highly volatile. Please be very careful with your investments.
BTC 72.4k resistance will break?Market potentially may create higher high but I don't see it 100k, it could be below if it has to happen.
Upside or downside is unsure as of now honestly but frankly, market is still overbought even in weekly TF>
I managed to long at around 66k but with very less confident, but somehow I was lucky for this long trade.
Bitcoin is volatile#bitcoin #btc is trying to break the falling channel just before the elections results. CRYPTOCAP:BTC price has tested 4H ichimoku span resistance zone and for now just declined there. Further declinations will weaken the structure. Very volatile few days we' ll see. Avoid high leverage positions and take care for your funds. Just a friendly reminder.
BTC Thesis RAG-AI. Scalping TodayCrypto Trading Intraday Report
Timestamp: 2024-11-05 17:29:35
Investment Thesis:
As a trader specializing in intraday scalping strategies for Bitcoin (BTC), the current market conditions present a favorable environment for maintaining and potentially increasing long positions. The recent news regarding legal actions involving North Korea's Lazarus Group and the US government's efforts to recover stolen cryptocurrency could create volatility, but the overall sentiment remains bullish. The price of BTCUSDT is currently at $69,890.6900, with a trading volume of 20,543.8700, indicating strong interest from buyers.
Financial Analysis:
Bullish Long-Short Ratio: Particularly in the 1-day and 15-minute intervals, suggesting that traders are leaning towards long positions.
Technical Indicators:
RSI values indicate room for upward movement.
MACD shows positive momentum.
The price is approaching key resistance levels, specifically Resistance_1 at $70,984.9600. If breached, it could lead to further gains towards Resistance_2 at $72,79.2200.
Volatility Analysis:
Average True Range (ATR): Moderate volatility.
Bollinger Bands: Market exhibiting moderate volatility.
Order Book Dynamics: Significant buy walls indicating strong support for upward price movements.
Price Action Signals: Bullish candlestick patterns suggest continued upward momentum.
Data Sources:
Coinglass Data: Real-time data indicates a healthy open interest and a positive funding rate, suggesting that traders are optimistic about BTC's price movement. Liquidation levels are currently stable.
Binance Data: TradingView data shows bullish sentiment in the order book dynamics, with a strong accumulation of buy orders. Volatility index remains moderate.
CoinMarketCap Data: Reports a significant increase in trading volume over the last 24 hours, with a liquidity score indicating strong market participation. Market cap remains robust.
Augmento Data: Sentiment analysis indicates a predominantly positive sentiment towards Bitcoin, with many traders expressing confidence in its upward trajectory.
CryptoCompare Data: Highlights ongoing discussions around regulatory frameworks, currently showing a bullish outlook among traders.
Trade Recommendation:
Outcome: HOLD_BUY
Stop Loss: $68,136.5300
Take Profit: $72,79.2200
Confidence Level: 85%
Exit Point: $70,984.9600
Entry Criteria:
Timeframe: 15m
RSI: Above 50
MACD: Bullish crossover
ATR: Moderate volatility
Bollinger Bands: Price near the upper band
Stochastic Oscillator: Above 70
OBV: Positive trend
News Impact: Ongoing legal actions could create volatility
Historical Data: Recent upward movement after a period of decline
Current Positions:
Open LONG Positions: 1
Open SHORT Positions: 0
BTC Possibly Going to Retest 46k-49k BTC still has momentum to continue bullish but the last few weeks seems it will going to retest 46k to 49k zone as this important levels from monthly candles structure.
BTC gaining momentum: A potential scalping opportunityBTC is gaining momentum, with a bullish divergence signaling potential upward movement. A green candle opening and closing above the 68,109 level could trigger a significant bull run.
DOWN TRENDBTC is in an uptrend on the daily time frame, an inverse FVG was closed below which could either be a pullback or a possible reversal either way we take advantage of it with a 1.5 R:R to stay on a safer side and could possibly trail our positions if the there is a more definite reversal.
Liquidity sweep was marked out as a zone where price could potentially hit , on the 1hr time frame a bearish FVG was spotted and reactions off that FVG i.e rejection to the upside which indicates bearish movement, then on the 15 mins time frame marked a price level (67,736.01) anticipating for a BOS to the downside . Then on the much lower time frames marked out potential take profit levels
Bitcoin updateCRYPTOCAP:BTC forming descending triangle thats a bearish formation, breakdown of this triangle could lead the price of bitcoin at least till 64000$ - 65000$, this down trend and this triangle clearly indicating the price are falling and will go more down. the green price box is indicating higher buying zone from where we can see a pull back to 68000$ again.
US elections matter alot and it will bring huge impact on crypto market, I jjust provide my review about the current direction of bitcoin...
My trades plans are still on short, Im ignoring alts coins and just trading in btc thats giving huge profit with less risk, I might re enter in bitcoin short from 68200$
Bitcoin Analysis Currently on the neck of the market: *make or break!*
1. The market has (in the past 8 months) perfectly followed the support and resistance level. We earlier had a breakout and it seems to be retracing for a retest on the resistance (🟡). Conversely, we have a trendline (🔵) closely following. We'd see how they hold.
2. On the fundamental part of things, the outcome of the 🇺🇸 election (<24hours) would certainly affect the market globally! Coupled with the FOMC meeting this Friday.
Sit back and watch🦦
Personally, I am unbothered by temporary price fluctuations and remain ULTRA BULLISH
Shalom😇
2x Shorting Before Bullrun after US President ElectionHave close 1 entry before with risk/reward 1:7.
So there is only 1 position left that is not TP yet, hoping to go deeper into 661xx soon, with 1:7 rr as well.
What's happend to btcHello, dear traders, due to the fact that the existing support level did not work. Currently, my analysis is that Bitcoin will do at all up to the specified levels, and at those levels, we should wait to see what happens. What scares me is that Candle The weekly closed negative and Warren Buffett is doing mischief in the market...
What happend go bitcoinHello, dear traders, due to the fact that the existing support level did not work. Currently, my analysis is that Bitcoin will do at all up to the specified levels, and at those levels, we should wait to see what happens. What scares me is that Candle The weekly closed negative and Warren Buffett is doing mischief in the market...
BTCThis is my opinion with technical analysis
Please respect the following rules:
1- Risk management .
2. Have your own strategy
Btc btc short btc long trump harris usa Hello guys, today I gave you the general analysis of Bitcoin and a possible scenario that if Trump does not become the president of the United States, it is very likely to happen, so pay attention to the numbers in the chart, which shows a short-term downward scenario to order block and a big rise. And also the formation of a reverse shoulder serving pattern, by the way, the condition of this happening is the failure of the support of 50,000 Tether. Good luck, don't forget to like and comment...
BTC - short position? Oh wow... that really at current moment does not look good for me. I belive we will see sharp drop and ALTS will bleed more. This liq. grab could potentialy move Solana to 120-130$ maybe even lower. DOT under 3$. Watch out! Regards.
Market overviewWHAT HAPPENED?
Last week, growth continued and the ATH for bitcoin was almost reached. At the breakdown of the important $72,000 level, a large number of liquidations and volume anomalies appeared, which stopped the price and provoked a correction. We warned about it on Wednesday in our blog on TradingView.
As a result, the market followed a lower priority scenario and absorbed all of last week's growth.
WHAT WILL HAPPEN: OR NOT?
At the moment, we've bounced off the upper limit of the volume zone of $67,500-$66,800 (the maximum volume of the sideways), but we haven't yet observed a signal for a full-fledged reversal. Resistance zones are formed above, from which we're likely to receive another wave of sells.
A deeper filling of the support zone is expected this week. In the absence of a reaction, the decline will continue.
According to the concept of wave analysis, we are still in an uptrend, but the volume zones above call into question the scenario with a rapid recovery, so we are postponing the opening of long positions for the time being.
Buy zones: $67,500-$66,800 (maximum volume of the range), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
Sell zones: $70,000-$71,300 (volume zone), $72,000-$73,000 (zone of volume anomalies).
IMPORTANT DATES
The week promises to be interesting, several important events are ahead — the US presidential election and the publication of the decision on the interest rate of the US Federal Reserve. Increased volatility is possible ❗️
Macroeconomic developments this week:
Tuesday, November 5, 10:00 (UTC) — US presidential election;
Tuesday, November 5, 14:45 (UTC) — publication of the index of business activity in the US services sector for October;
Tuesday, November 5, 15:00 (UTC) — publication of the ISM Purchasing Managers Index for the non-manufacturing sector of the USA for October;
Thursday, November 7, 12:00 (UTC) — publication of the decision on the UK interest rate;
Thursday, November 7, 13:30 (UTC) — publication of the number of initial applications for US unemployment benefits;
Thursday, November 7, 18:00 (UTC) — publication of the US Federal Reserve interest rate decision;
Thursday, November 7, 19:00 (UTC) — publication of the FOMC statement;
Thursday, November 7, 19:30 (UTC) — FOMC press conference.
*This post is not a financial recommendation. Make decisions based on your own experience.
it could go on forever (in which case i'm doomed)this is a case for more sideeways well into 2025. this pennant ends in april 2025! scary stuff for hodlers and swing traders alike. only the best day traders who can somehow beat the bots (meaning no one on here) will survive.
what do you make of this?
and bonus points if you can tell me the subject reference without googling...
