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BTCUSDT trade ideas
BTCUSDT - Road to 75k? LOLOLOLHahah no no it aint going to to 75k but marked stances as i drewww and i think it needs to stay apart. OKay? okay????
BTC - Fake break outBitcoin was rejected from the 1.618 Fibo level and in my opinion that was a fake breakout
Price manipulation by trump
In an upward trend, we experienced an unexpected drop, clearly indicating that the price has been manipulated. According to insights from reliable sources, Trump does not want Bitcoin to surpass 100,000 before the start of his presidency, in order to claim that Bitcoin’s rise is due to his presence.
Don't fumble the red flags, we are not out of the woods yet.When analyzing cryptocurrency markets, maintaining a neutral and impartial perspective is crucial. Having an optimistic bias will have you fumbling all the red flags and focusing only on information that supports your hopes and dreams.
Currently, two main theories are shaping the discussion around Bitcoin's price action:
Wave 4 has been completed, and we are now entering Wave 5 or;
The market is still in a corrective phase.
Let me know what you think, would love to hear your thoughts. Let’s delve into the two scenarios in detail.
Theory 1: Wave 4 is Complete, and We Are Entering Wave 5
This theory is that Bitcoin has finished an ABC corrective wave and is poised for an upward move into Wave 5. A confirmed Wave 5 would be indicated by a price break above the previous Wave 3 high at $108,705. Until then, we remain in speculative territory.
The Positives:
The Stochastic Oscillator on the daily timeframe is in a favorable position.
On the weekly chart, the Stochastic has exited the overbought region and is moving toward oversold territory.
The Negatives:
The current correction appears shallow and short-lived, failing to even retrace to the 0.386 Fibonacci level.
Historically, 70% of Wave 4 corrections retrace between the 0.386 and 0.618 Fibonacci levels.
I would prefer that the weekly Stochastic RSI had a bullish crossover in the overbought region.
During the last bull run, the Wave 4 correction lasted three months and corrected nearly to the 0.618 Fib level. Bitcoin Dominance collapsed during the Wave 4 correction, signaling the start of an altcoin season. While history doesn’t have to repeat itself, we have only corrected for 3.5 weeks and bitcoin dominance is still high, these anomalies raise concerns until the $108,705 resistance is breached.
Theory 2: The Market Is Still Correcting
In this scenario, the Zig-Zag correction we’ve observed may represent the first impulse (Wave A) of a larger ABC correction. If this is the case, the market could experience:
Wave B: A brief upward impulse.
Wave C: A downward move to lower price targets.
Key Observations:
A more extended and deeper correction would align with historical patterns, potentially creating a stronger foundation for future growth.
If this plays out, we may see Bitcoin Dominance collapse, paving the way for an altcoin season to rise alongside Bitcoin’s eventual Wave 5.
Conclusion: Watching $108,705 Is Key
The confirmation of Wave 5 hinges on Bitcoin breaking the $108,705 resistance level. Until that point, it’s essential to remain cautious and consider both possibilities. Whether we are on the verge of a new bullish wave or navigating a deeper correction, understanding the broader market context will help investors make informed decisions.
My bets though are on Theory 2, what do you think?
Potential Rounding Top and Key Support Levels🔷 Greetings, fellow traders!
In this analysis, I’m observing a possible rounding top structure on the BTC/USD chart, suggesting that bullish momentum might be cooling off in the short term. Below is a step-by-step breakdown of the current technical picture:
🔹 Rounding Top Formation
The price action has carved out several swing highs near resistance, forming a curved pattern at the top.
This type of structure often signals a loss of buying pressure and the potential start of a corrective phase.
🔸 Key Horizontal Support
The horizontal support zone around the mid- to high-90k region is critical. A decisive break below this area could open the door to further downside.
Secondary support aligns with the lower 90k range, which coincides with the prior consolidation zones and trend intersections.
🔺 Possible Price Path (Scenario A)
A breach below the identified support could trigger a deeper move to the mid-80k area or even toward the upper 70k region if selling accelerates.
Momentum indicators (such as RSI or MACD, not shown here) should be watched closely for confirmation of weakening bullish momentum.
🔻 Alternate Upside (Scenario B)
Should the price hold above the primary support and regain strength, a bounce back toward the 100k–102k zone is plausible.
Look for bullish signals (e.g., higher lows on lower time frames) before anticipating a sustained push higher.
🔶 Trading Considerations
Risk Management: As always, define your stop-loss levels in accordance with your risk tolerance.
Entry Triggers: Wait for confirmation, such as a candlestick close above (or below) key support/resistance levels, before entering a trade.
No Certainty in Markets: Remember, patterns can fail, and news events or macro factors can rapidly shift market sentiment.
🔷 In Summary
BTC/USD appears to be at a turning point, with a potential topping pattern coming into play. While there is a clear risk of deeper downside, a convincing hold above the primary support could support another push to the upside. Stay patient, always practice disciplined risk management, and let the price action confirm your bias before entering or exiting positions.
Educational Purposes Only — Not Financial Advice. Always conduct your own research and use proper risk management.
cryptolinx aka jango_blockchained
BTC LONG TP:99,500 31-12-2024The price of Bitcoin has had its moment, and contrary to what was previously anticipated, it did not experience the expected decline. Instead, it is now forming a bullish pattern that could indicate a shift in trend. Therefore, we should consider looking for a long entry in the range of 92,000 to 93,500. In the event of any market manipulation, it would be wise to have orders set at 91,000. Additionally, the stop loss should be placed below 90,000. This movement is expected to materialize within a couple of days, so it's important to stay alert for market updates to respond appropriately.
Episode 12< <Durable Goods Orders>>"3-Minute Mini Class"
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Wyckoff Distribution on BTCExtended Phase D which could lead to the Phase E with support at previous ATH.
No financial advice, just an idea.
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.
Bitcoin Price Analysis
Based on recent data from the Bitcoin/USDT 4-hour chart on Binance, Bitcoin appears to be on the verge of an upward movement. Analysis suggests that if the key support level around 95,747holds,thepriceofBitcoincouldrisetowardhigherresistancelevelsintherangeof95,747holds,thepriceofBitcoincouldrisetowardhigherresistancelevelsintherangeof99,002 to $99,963.
Key Support Level: $95,747
The $95,747 level is considered a strong support zone. This level has previously acted as a demand area, preventing further price declines. Maintaining this support is crucial for the continuation of the upward trend, as a break below this level could lead to a drop toward lower price levels.
Upside Target: Resistance at 99,002to99,002to99,963
If the price stabilizes above the 95,747supportlevel,Bitcoincouldmovetowardthenextresistancelevelsinthe95,747supportlevel,Bitcoincouldmovetowardthenextresistancelevelsinthe99,002 to $99,963 range. This resistance zone has previously acted as a supply area, and a breakout above it could indicate increased demand and buying pressure.
Market Outlook
Given the identified support and resistance levels, the short-term outlook for Bitcoin appears positive. Increased trading volume at support levels and reduced selling pressure at lower levels suggest a market inclination toward upward movement. However, it remains important to monitor global news and events that could impact the crypto market.
Conclusion
If Bitcoin can maintain the 95,747supportlevel,thereispotentialforthepricetorisetowardthe95,747supportlevel,thereispotentialforthepricetorisetowardthe99,002 to $99,963 resistance range. Traders and investors should closely monitor these levels and employ appropriate risk management strategies to capitalize on the potential opportunities presented by this upward movement.
BTC BEARISH SCENARIO IF WE BREAK 95K KEY STRUCTUREPersonally, I don’t think this scenario will play out, but as traders, we always need to consider two possibilities to gauge the likelihood of each unfolding.
This is my bearish scenario if we lose the 95K support. The next support level would be at 92K, followed by an oversold bounce toward 99K-100K. This bounce might deceive people into thinking the bottom is in, but it would likely face rejection, leading to a harder fall toward 87K.
Again, let me emphasize—I don’t see this scenario playing out, but it’s still a possibility we need to keep in mind.
What can you do? Exit altcoins altogether and wait to see if BTC moves back into the 100K region, which would invalidate this scenario from playing out.
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.
THE TUBE OSCILLATOR - B I T C O I N Analysis SIGNALThe "THE TUBE OSCILLATOR" a type of financial market geometric method generated a still intact SELL signal in the time 02:00 AM/ GMT+1/UTC+1 time zone.
I will also include ETHERIUM/ETH in my product portfolio and also provide signals for ETHERIUM. Only when I have generated enough followers will I offer this oscillator to a limited number of subscribers and create it exclusively for TradingView users.
Follow me and suggest your contacts to follow me, so the number of followers can increase faster! As many TradingView users know, the commercial transfer of subscriptions to some of the scripts that are also available on TradingView is prohibited and is subject to disqualification measures, forever.
I expect smooth discretion from every potential subscriber. You are about to get a system that shows you how to open your positions in the right market direction. Behind "THE TUBE OSCILLATOR" is my financial market geometric method, which I have researched for over nine years and published as a new scientific discovery in collaboration with the University of Heidelberg MATHEMATIKUM in Baden Würtenberg in Germany on July 12, 2024.
This publication was documented at Cornell University in New York, USA. Thank you very much for your response and support.
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.
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.
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👀
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BITGET:BTCUSDT.P
