BTCUSDT trade ideas
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
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
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."
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BTC update That it WAS (when Signal was given).
BTC as of now trying to break Resistance... to the way to 89K!
Good Luck!
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.
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.
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.
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.
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.
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.
Lunar 2024: The Volatile Dragon Favors the Loud Rooster!🐲 Welcoming 2024: The Volatile Dragon Favors the Loud Rooster 🍊📢
🌕🧧 Happy New Year Wishes: Celebrating the Year of the Wood Dragon with Our Asian Friends 🎋✨
As we usher in the New Year, I extend my heartiest greetings and warmest wishes to our Asian friends. 🎊 May this Year of the Wood Dragon bring you abundant health, happiness, and prosperity. Let the lucky number 8 pave your path with fortune, and red envelopes fill your days with joy and luck. 🐉🍀
FXPROFESSOR's Prescience vs. Biden's Election Mode Bravado (fail!) 🔮💼
Kicking off the new Dragon year was President Joe Biden with a tweet that sparked discussions—complete with laser eyes and a confident assertion. But let's set the record straight: it was the FXPROFESSOR's sharp analysis here on TradingView that predicted the climb of Bitcoin with uncanny accuracy. Remember the post from January 12, 2023? It wasn't just drawn up; it was prophesied. While Biden may be in full election mode, trying to score points with the crypto crowd, it's the charts that tell the true tale. Yes, SP500 at AtH, dolalr strong, economy strong and inflation better but we are all aware that situation is not really good (Ukraine, immigration, war in Middle East, etc etc)
As for Bitcoin: it should had been already much higher Mr President! We don't buy this, sorry!
📢Biden's tweet: twitter.com
🐉Professor's Prophecy in January 2023 with BTC at 18k breakout based on predicting the fundamentals that followed (rates, inflation, election mode, ETF approval): (click on play!🐉)
Rooster's Rally in the Dragon's Year: Trump's Potential Political Resurgence 📣🍊
2024’s lunar calendar bestows favor upon the Rooster, an emblem of outspokenness and assurance. In a twist of fate, this bodes well for the audacious Donald Trump. The year of the Dragon favors the Rooster, and Trump's resemblance to the Rooster—both in spirit and, as we'll see in a shared link, in imagery—is uncanny. Will the stars align for his political comeback? The markets watch with bated breath, pondering the impact of his potential return.
Trump is the Rooster (God help us all): globalnews.ca and www.bbc.com
Volatile Fire of the Dragon: Charting the Course 🐲📈
The Wood Dragon heralds a year of market ebbs and flows, demanding our keenest analytical prowess and foresight. In Forex, the British Pound against the Japanese Yen—aptly nicknamed 'the Dragon'—serves as a perfect metaphor for the expected volatility.
This year more than ever, we must clutch our charts tightly and trust in the insights that have guided us through tumultuous times.
Let's dive into this year with the knowledge that our astrological and economic journey will be as intertwined as ever. Here's to a year where our trading decisions are as informed as they are inspired, and where our discussions are as robust as the markets we navigate.
And don't be mistaken:
1. The Charts will show us the way just like they did in 2023 (click on play...)
2. Politicians are dirty people, 99% of the time. I support nobody, not Trump nor sleepy Joe Bye-Biden. I wish the US could have had a normal human being for a president like they did for so many decades and not this bipolar shit-show....sorry!
One Love,
The FXPROFESSOR 💙
BTC/USDT The Parabola will BreakChecking the chat we are in a nice price action going up, but careful the moment in the future this parabola will break its the time to take profit.
Bitcoin Breaking Out of a 220-Day Broadening WedgeBTCUSDT technical analysis update
Bitcoin has been forming a broadening wedge pattern over the past 220 days, indicating increased volatility and indecision near its previous all-time highs. Recently, BTC has been moving towards the wedge’s upper resistance line around $68K, signaling a potential bullish breakout. If confirmed, this breakout could lead to a strong upward move, with targets in the $90K-$100K range. Additionally, around $60K, the 100 and 200 EMAs are acting as strong support levels for BTC.
Regards
Hexa
The BTC shows a strong breakout above previous resistanceUpward Channel and Trendlines: The two white trendlines form a steep upward channel. BTC has broken above a prior resistance within this channel and is now approaching the upper boundary, suggesting strong bullish pressure. The price moving near the upper channel line could face resistance, so it’s essential to monitor this zone for a possible pullback or breakout.
Long-Term 100 EMA Support: The 100 EMA (blue line) is positioned significantly below the current price, around the $71,745 level. This indicates that BTC is in a strong bullish trend, with this EMA acting as a long-term support level. If there is a retracement, the 100 EMA and the surrounding support levels might serve as key zones to watch for potential rebounds.
Volume Profile (VP): The volume profile on the right shows that there is a high concentration of trading volume around the $67,000 area. This zone, would likely act as a major support if the price were to experience a pullback. The current breakout area above $76,000 has relatively lower volume, which could suggest that the price may seek to consolidate at lower levels if momentum wanes.
Volume Surge: The recent breakout is accompanied by a surge in volume, indicating strong buyer interest. Such volume increases during a breakout are typically bullish indicators, reinforcing the likelihood of further upside. However, the price nearing the upper trendline suggests that it may soon encounter resistance.
Potential Scenarios
Bullish Continuation: If BTC manages to break above the upper boundary of the channel with sustained volume, it could continue its upward trend. A breakout above this upper channel could lead to accelerated bullish movement, targeting new highs.
Consolidation or Pullback: If BTC faces resistance at the upper channel line, it may pull back or consolidate within the channel. In this case, the $76,000 level will be crucial to monitor as immediate support. Further below, the $67,000 support zone (aligned with the volume profile) could act as a strong demand area.
Retest of Key Support Levels: A more significant pullback could see BTC revisiting the 100 EMA around $71,745 or the high-volume area around $67,000. This would still maintain a bullish structure if these levels hold, allowing for potential re-entry points in an overall upward trend.
Bitcoin (BTC): technical and fundamental analysis📈 Technical analysis BTC/USDT
The Bitcoin price has reached a new all-time high (ATH) following Donald Trump's victory in the U.S. presidential election. This price movement has fully validated the scenario outlined in our previous analysis. Now we expect a correction of the latest growth wave in the near future. Key targets for this correction could initially be the dynamic support levels at EMA 50 and EMA 200. The first 1H Imbalance zone is near EMA 50, where gaps on the horizontal volume levels need to be filled through trading consolidations. If sellers manage to push through the 70,000 support level, where the EMA 200 line also lies, we anticipate the start of a full correction of the November growth. In this scenario, the price may drop to the next 4H Imbalance zone, situated between the 0.61 and 0.78 Fibonacci retracement levels, where corrections typically conclude and a reversal occurs.
For BTC to continue its upward trend, it needs to surpass the 77,000 level, which would open the path for a test of the significant resistance block at 80,000.
📉 Bitcoin market global analysis
On the daily logarithmic chart, it’s crucial for Bitcoin’s price to hold above the 70,000 level with a weekly close to support continued growth. Otherwise, BTC may face a correction. This is further indicated by the beginning of a divergence on the RSI indicator, which has been in the extreme overbought zone for an extended period.
What are Bitcoin’s long-term growth targets?
Above the current ATH, there are no resistance levels based on historical data. To determine growth targets, we’ll rely on trend lines, Fibonacci extension levels, analysis of large order block clusters in order books, and, of course, indicators.
According to the MVRV Deviation Pricing Bands indicator, the next target for Bitcoin is 85,000, where the first Fibonacci extension level of 1.23 is also located. In the 90,000 - 100,000 range lies a global trend line constructed from the peaks of Bitcoin’s previous two cycles, aligning with the 1.38 Fibonacci extension level. The highest trend line, situated between the 1.61 and 1.78 Fibonacci levels, could be tested starting from the 100,000 level.
💠 Analysis of liquidity zones and levels
The Fear and Greed Index is in the Greed Zone - 75.
The total capitalization of the cryptocurrency market has grown to $2,531 billion, and the Bitcoin Dominance Index has increased to 59.73.
According to the analysis of the accumulation of large order blocks in the order books, the largest blocks are at levels 77,000 and 80,000, and the supply and demand zones are located at the following levels:
🟢 Demand zone: 50,000 - 70,000
🔴 Supply zone: 80,000 - 90,000
Levels for long positions:
70,000 - psychological support level
65,000 - large support block
60,000 - large support block
Levels for short positions:
77,000 - large resistance block
80,000 - largest resistance block
90,000 - 100,000 - ascending trend line of resistance
📊 Fundamental analysis
Bitcoin-Based Spot ETFs Set a New Record. On November 7th, Bitcoin (BTC) spot ETFs reached a new milestone, attracting $1.38 billion in a single day—the largest daily inflow since their launch in January. This record-breaking inflow was fueled by Donald Trump's victory in the U.S. presidential election, as many investors believe his re-election will positively impact the crypto industry. Another factor driving Bitcoin’s growth was the recent decision by the U.S. Federal Reserve (Fed), which lowered the key interest rate by 25 basis points during its latest meeting.
What Changes Are Expected in the Crypto Community After Donald Trump's Victory:
- Bitcoin could become one of the strategic reserve assets of the U.S.;
- Token classification systems may change, with most cryptocurrencies likely to be considered commodities rather than securities;
- Crypto investors might enter the market more actively;
- Banks could gain more freedom to provide services to crypto startups and interact openly with the crypto industry;
- Spot exchange-traded funds (ETFs) based on Solana (SOL).
🌐 Upcoming Events in the Global Economy
We expect increased volatility in both stock and cryptocurrency markets on the following dates:
➤ 11/13, 4:30 PM - US Consumer Price Index (CPI) for October.
➤ 11/14, 11:00 PM - Fed Chairman Jerome Powell's speech.
➤ 11/27, 4:30 PM - GDP data (q/q) (Q3).
➤ 12/18, 9:00 PM - New Fed interest rate decision.
➤ 01/29/2025, 9:00 PM - New Fed interest rate decision.
📈 Statistics of signals from our AI trading indicator:
In October 2024, the Bitcoin price continued to recover its positions, thanks to positive expectations from the US elections and further reduction in the key interest rate of the Fed.
Our trading indicator, as always, warned about this in advance! And even during the flat period it gave good entry points. Thanks to the latest updates, all signals have become profitable, and built-in Anti-Flat System prevented losses from manipulative market movements. 😎
Total price movement by all signals: + 41.89%
Maximum price movement: + 13.77%
Average price movement: + 7.58%
In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
#long_btcThe breaking of the very reliable trend line, stabilization on this trend line, for the primary target, the highest ceiling can be set, and for the upper targets, according to the moving legs, up to 80,000 can be targeted.
#BTC #LONG_BTC
BTC_[Daily]_Trendline Resistance Broken BTC_ _Trendline Resistance Broken
Price within Parallel Channel (Top)
Correction until channel bottom is possible
Price on the way to reach AB CD target (102,300)
BTCUSD 15 Min Spike & Channel Higher High Based on the recend spike up there is a good chance that the market will form a Channel in the direction of the Spike. A channel covers often the same distance as the Spike and the first pullback should not fall to more than 1/4 of the spike. After such a spike the beginning of the channel often gets testet.
binance spot vs perp & coinbasebinance spot vs perp & coinbase. shows supply / demand considerations for perps & coinbase vs the broader crypto spot market
I think W3:83K and W5:102KYesterday's bearish wedge is gone !
I think wave 3 will calm down around 83K.
SHORT IDEA in BITCOINHello, fellow traders!
I’m sharing a short idea on BTC. Bitcoin has recently reached over 79,300, and I’m opening a short position with a stop-loss (SL) at 80,200 and a take-profit (TP) at 76,200.
While I agree with the overall bullish trend on BTC, it seems like the price is moving up a bit too quickly. I’m expecting a possible pullback to around 76K, with a further potential drop to the 72-73K range. Based on this, I’ve decided to open a short position.
Looking forward to hearing your thoughts on this trade!
