BTC on its higher high level it may show double top pattern.If BTC break its support level (89,800) it may perform double top tactically. If it perform double top then it's targets will be:
1st Tp: 81,800
2nd Tp: 77,000
3rd Tp: 72,800
BTCUSDT trade ideas
BTC ATH incoming!! fill your bags and fuel your rocketsThought btc was cooling down. Not today buddy
Btc destroyed the bears and is getting ready for a strong impulse. most probably up!
Breaking News:Bitcoin Has Hit $90,000!! Bitcoin is hitting new highs and as a Bitcoin Trading expert.I have to share with the right time to Buy Bitcoin.
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Now right you are going through 2 things:
1) Either you are scared to Buy because you think its high
2)You are buying because of FOMO
Both reasons are not good enough.
The only way to know is to know that Bitcoin COINBASE:BTCUSD and SP500 are correlated
Usually when you see a buy signal on SP500 Bitcoin is also a good buy.
Now could I be wrong?
Yes but if you understand the rocket booster strategy
And use it to booster your current trading systems then it will give you the confidence you need.
About early this year a got a book about candle stick patterns.
And it really helped me with confidence and trading system understanding
This Bitcoin Bull 🐂 market 📈 has been a long time coming.
This is your chance to jump on the "chu-chu 🚆 train"
To learn more about the Rocket booster strategy
Check out the resources below.
Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies.
Also use a simulation trading account before you trade with real money
Look on Bitcoin's price position comparing to 2019 and 2020Dear analysts and traders,
sharing for your attention my observations on BINANCE:BTCUSDT current price position through global channel by comparing the price to 2019 and 2020, when the price buyer's activity both stopped in the middle range of the global channel.
#1 is 2019, #2 is 2020.
So, 2024 comparing to one of above possibilities, where are we now, are we at #1 or #2 possibility?
If we are at #1, we shall see about 20-30% price down and further, if #2 then 10-20% price down.
Taking into consideration current: 1) world political situation, and reflecting on 2019 with 2020 situations, in 2024 the world economy is more different from previous years, 2) RSI both on weekly and monthly timeframes, it looks close to 2020 price movement.
And in the end we say, The Almighty God knows best.
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.
$BTC parabolic move will continue!Two years ago, we confirmed the #Bitcoin bottom in November 2022!
There was a 528.58% increase from the December 2018 bottom to November 2020.
There was a 529.81% increase from the November 2022 bottom to November 2024 and it is still continuing.
Therefore, we witnessed a mega bull process for #btc and #altcoins with a closing and retest in December 2020 above the 2017 local peak.
Today, a one-month closing and retest has been completed as of November 2024, above 69k, which is the local peak of November 2021.
An exciting process begins for #Alts and #BTC
BTC gamehello guys
What is your comment about this pattern?
i think BTC last touch will be on 97k-98k
and if break down the channel it can touch 75-77k price.
im on news about war and military movements.
I said it and will say it again, we will rise big time big companies like micro strategy buying chunks, and some people think it will die to 50-60k ouch. if u want to win big like the rich u gotta think like the rich. this isnt an overnight success , u need patience and time.
BTC - target 95k level.Since last week's US elections, BTC has made new all-time highs. Having tested 92k, I am now looking for BTC to hit the 95k level as we have a good bullish volume.
Head and Shoulders BTCI still thinking of the possibility of Bitcoin forming a Head and Shoulders pattern, a classic technical formation that could signal a trend reversal. We examine key levels, volume, and other indicators to assess whether this pattern is emerging and what it could mean for the market. Is this the beginning of a larger correction or just a false breakout?
BTC to 250k?Bitcoin Halving Cycles: Historical Gains and Future Predictions
Bitcoin halving events, occurring approximately every four years, reduce the block reward miners receive by half. This built-in scarcity mechanism has historically triggered significant bull runs. Let’s compare the gains from each halving cycle and explore what they might predict for Bitcoin’s future price.
Halving Cycle Performance
First Halving (2012)
Pre-Halving Price: ~$12
Peak Price: ~$1,150 (late 2013)
Gain: ~9,500%
Second Halving (2016)
Pre-Halving Price: ~$650
Peak Price: ~$20,000 (December 2017)
Gain: ~3,000%
Third Halving (2020)
Pre-Halving Price: ~$8,600
Peak Price: ~$69,000 (November 2021)
Gain: ~700%
Observations
Each cycle has seen diminishing percentage returns, reflecting a maturing market and higher market capitalization.
Despite lower percentage gains, Bitcoin’s absolute price increases have been significant, drawing in institutional investors and mainstream adoption.
Predicting the Next Cycle
The fourth halving is expected in April 2024, reducing the block reward from 6.25 BTC to 3.125 BTC. If historical trends hold:
Conservative Estimate: A 300%-500% increase, aligning with diminishing returns, could place Bitcoin around $150,000-$200,000.
Optimistic Scenario: Should macroeconomic factors like institutional adoption or regulatory clarity amplify demand, a price exceeding $250,000 is plausible.
Factors to Consider
Market Maturity: Institutional interest may stabilize volatility, leading to more sustainable growth.
Regulation: Clearer policies could attract a wave of new investors.
Macroeconomic Conditions: Inflation, monetary policy, and geopolitical tensions will continue influencing Bitcoin’s appeal as a hedge.
While past performance doesn’t guarantee future results, Bitcoin’s halving cycles have consistently demonstrated their potential to drive significant price growth. As the next halving approaches, investors are poised for what could be another pivotal chapter in Bitcoin’s journey.
BTC looks so bullish right nowBTC: Look at this beautiful bullish Symmetrical triangle/pennant!!! Look at the target move! Can it really go up that simply? Not sure if I can expect that with BTC, always does what he wants doesn't he
any up is an exit chancefor one to three days you can search for Sell positions
but be aware about swing market ... take your profit
Analyzing BTCUSDT: Next Potential Breakout Zones - Bitcoin◳◱ On the $BTC/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 85635.01 | 90900 | 105565 and support near 70970.01 | 61570 | 46905. Entering trades at 90343.99 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Bitcoin
▣ Rank: 1
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: Bitcoin is the first distributed consensus-based, censorship-resistant, permissionless, peer-to-peer payment settlement network with a provably scarce, programmable, native currency. Bitcoin (BTC), the native asset of the Bitcoin blockchain, is the world's first digital currency without a central bank or administrator. The Bitcoin network is an emergent decentralized monetary institution that exists through the interplay between full nodes, miners, and developers. It is set by a social contract that is created and opted into by the users of the network and hardened through game theory and cryptography. Bitcoin is the first, oldest, and largest cryptocurrency in the world.
◰◲ Technical Metrics :
▣ Mrkt Price: 90343.99 ₮
▣ 24HVol: 1,945,711,003.703 ₮
▣ 24H Chng: -0.456%
▣ 7-Days Chng: 13.30%
▣ 1-Month Chng: 34.19%
▣ 3-Months Chng: 51.53%
◲◰ Pivot Points - Levels :
◥ Resistance: 85635.01 | 90900 | 105565
◢ Support: 70970.01 | 61570 | 46905
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 6.34
▣ Last 90D: 3.62
▣ Last 1-Y: 1.91
▣ Last 3-Y: 0.51
◲◰ Volatility :
▣ Last 30D: 0.58
▣ Last 90D: 0.49
▣ Last 1-Y: 0.53
▣ Last 3-Y: 0.55
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth BTCUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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CRYPTO MARKET ALT SEASON??!!I hope you guys enjoyed the video! If you have any questions or comments feel free to comment down below.
BTC/USDT Analysis: Targeting 140K in the Next Major RallyBTC/USDT Analysis: Targeting 140K in the Next Major Rally 🚀
BTC/USDT is currently exhibiting strong bullish momentum, . The chart shows Bitcoin moving within an ascending channel, with well-defined support and resistance levels guiding the long-term trajectory.
Bitcoin may experience a consolidation phase or minor pullback after its recent rally, potentially retesting the support around $74,194.71. Following this, a breakout towards $140,000 is anticipated, in line with historical patterns and current bullish trends.
#BTCUSDT 🚀 #Bitcoin140K #CryptoAnalysis #BullishTrend #LongTermTarget
Need to check if BW(100) line is created at 90375.2 point
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
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(BTCUSDT 1D chart)
BW(100) line is showing signs of being created at 90375.2 point.
Accordingly, if BW(100) line is created at 90375.2 point, the key is whether it can rise above 90375.2.
If it fails to rise, it is likely to lead to further decline.
Accordingly, if it falls from the current section (87.8K-89K),
1st: StErr Line
2nd: M-Signal on the 1D chart
Whether it touches the 1st and 2nd areas above and rises is the point of observation.
Accordingly, if it receives support near 79.9K-80.9K and rises, it is expected to create a pull back pattern.
If not, if it falls below 76.7K and shows resistance, it is likely to turn into a short-term downtrend.
This short-term downtrend is expected to determine the trend again by touching the 68393.48-71335.47 area.
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If the decline begins, it is likely to show a greater decline than expected.
Therefore, what we need to watch closely is whether the StErr Line turns into a decline when it falls below the StErr Line.
This is because if the price is maintained below the StErr Line, it is likely to show a decline.
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The volatility period (around November 16-19) is approaching.
Accordingly, it is time to think a lot about response strategies.
When trading spot, you should consider whether you can reduce the investment ratio and buy more when it falls.
When trading short (SHORT) in futures, you must keep the stop loss point.
When trading long (LONG), check if you can use the same method as when trading spot, and if not, choose the time to liquidate.
The reason you can maintain long (LONG) trading is because funds are flowing into the coin market.
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale upward trend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Bitcoin will go down?This is my idea that I'm following. I think that now we have to move down, if we break the first support at 85K we'll go down to 77k...
What do you think?
Bitcoin's Necessary Correction: Why $69k is the Next Move!Hello Traders!
do you know why bitcoin is not falling ? let me tell you , BTC's Dominancy is just increasing and the 24H increasing from the day of election even not dropped 1% from 5th Nov till now , bitcoin will fall soon within days to the target in chart which is 68000-69898.
without giving these targets bitcoin can not go up to 92K.
follow me for more technical analysis and signals
