BTC Update 2024-12-20As shown in the chart, there is a very important break point. Making any decision before the path after this point is clear will be risky. Note: This is a personal idea and is NOT sufficient for trading.by morteza2911
2 years of bear market ahead!We are at bull market top ... prepare for downside which will be more or less slowly ... 2 Years of bear market ahead!Shortby CryptoAsAWay111
I expect Bitcoin to go downI expect Bitcoin to go down according my analysis. This is just an idea. (Personally I am shorting)Shortby RokasLiuUpdated 2218
BTC/USD: Selling Opportunity EmergesBTC/USD: Selling Opportunity Emerges A prime selling opportunity has arisen in the BTC/USD market. The recent breakdown of the rising wedge pattern has confirmed a bearish trend reversal. Key Points: - Rising wedge breakdown confirms bearish trend reversal - Support levels breached, validating the downtrend - Potential target at $95,000 - Selling opportunity emerges as price action aligns with bearish trend Best wishes Tom 😎Shortby Tom_Trades_670Updated 8
Bitcoin continuous fall-->94k nextJust now opened a bitcoin short. Anticipating further decline down to 94000 and lower .Shortby Filnft111
WHAT NEXT FOR BITCOIN?Will December Be Good for Bitcoin? A Look at Past Trends As December approaches, Bitcoin traders often wonder if this month will be positive for crypto or if it will end in losses. Let's look at how Bitcoin has performed each December for the past 10 years: Bitcoin's December Trends (2013–2023) 2013: Started at ~$1,000 and ended at ~$750 (-25%). Early excitement faded due to profit-taking and worries about Mt. Gox. 2014: Started at ~$375 and ended at ~$320 (-15%). The Mt. Gox hack earlier in the year hurt confidence. 2015: Started at ~$360 and ended at ~$430 (+19%). Renewed optimism brought a small rally. 2016: Started at ~$740 and ended at ~$960 (+30%). This steady increase hinted at the big run in 2017. 2017: Started at ~$10,800 and ended at ~$14,000 (+30%). Bitcoin reached a peak mid-month but started a bear market by year-end. 2018: Started at ~$4,000 and ended at ~$3,800 (-5%). The market was down 80% from its peak. 2019: Started at ~$7,500 and ended at ~$7,200 (-4%). Modest losses as the market was stable. 2020: Started at ~$19,500 and ended at ~$29,000 (+48%). COVID-19 increased Bitcoin’s popularity, leading to big gains. 2021: Started at ~$57,000 and ended at ~$46,000 (-19%). Concerns about inflation led to a drop. 2022: Started at ~$17,000 and ended at ~$16,500 (-3%). The FTX collapse kept the market weak. 2023: Started at ~$40,000 and ended at ~$42,500 (+6%). A recovery year with modest gains. What to Watch for in December 2024 1. Federal Reserve Policy: An expected rate cut on December 18 has supported market optimism. A change in this plan could affect prices. 2. Institutional Investment: Bitcoin ETFs have gained popularity, attracting over $100 billion in 2024. 3. Market Sentiment: With Bitcoin above $100,000, the target is now $125,000, but volatility is possible. 4. Political Factors: President-elect Trump’s pro-crypto stance, with promises of favorable policies, adds to the market’s positive outlook. Looking to 2025 Bitcoin’s future looks promising with growing institutional and consumer interest, friendly regulations, and a supportive economic environment. While $108,000 is a milestone, many expect even higher prices as Bitcoin continues to evolve. As 2024 ends, traders can expect more action. Stay ready, watch the market, and best of luck in the new year. by SherrySOC1117
BTCUSDT CORRECTION OR REVERSAL?BTCUSDT CORRECTION OR REVERSAL? Hello, colleagues! So, what we have in the middle of the trading week: Since the last review Bitcoin managed to rewrite its high once again and reached above 108K on the Bitstamp exchange. Also yesterday was the Fed meeting, the decision of which was to lower the rate by another 25 basis points and followed by the traditional J. Powell conference, during and after which the shedding started in many markets. #BTC As for bitcoin specifically, the correction was asked for a long time ago and the asset corrected only by 9% from its high and this decline cannot be called unexpected. At the moment, BTC continues to stay in the trend and there is still room for the correction to continue at least to the upward support at $97-98K and we can't exclude the stabbing even lower, to the trading boundary at 94K. But, in general, from these values I expect a buyback and continuation of growth. I expect such another near-term decline, mentioned above, within the framework of working out of the candlestick formation Absorption on 1D. For the first time in a long time the asset showed a strong bearish candle and just covered the gap for the last weekend on the CME exchange. In any case, a correction is necessary for any healthy market, whether bullish or bearish. If we compare each post-halving cycle on the logarithmic chart of the 1Mes TF, we can see that the asset has continued to rise for at least another year. Therefore, there is every chance to continue rising until at least Spring 2025, or even Q4. Shortby Trade_Hive_Signals8
BTC still in Bullish structure BTC still in Bullish structure and if we broke 103 000 we will head to 108000 then 116000 we are forming ingulfing candle on the 4 hours frame and we respecting the 4 hours trend lineby ktodary21
BTCUSDT: Consolidation After Uptrend Break. What's Next?Hello, dear traders. Brian here! When analyzing the 4-hour chart, we can see an intriguing setup that indicates the possibility of continued bearish momentum if critical support levels fail to hold. Let’s dive deeper into the analysis. Currently, Bitcoin is trading at $97,547, reflecting a slight pullback from recent highs. The price has recently broken the ascending trendline, which had provided support for a prolonged period. This break, combined with the rejection at the Fibonacci retracement zone, signals a potential trend reversal. Traders should closely monitor the $95,713 level and the EMAs to confirm the next move. If Bitcoin continues to decline, the next major support levels are at: $95,713 (1.0 Fibonacci Extension) $93,085 (1.272 Fibonacci Extension) $89,742 (1.618 Fibonacci Extension) Wishing you all great profits in the coming days!Shortby Trader-Briannnn1134
$BTC to 117k ATH soon🚀 Bitcoin’s Next Chapter: ATH After This Dip? 🚀 Bitcoin is taking a breather after the recent dip, but don’t be fooled—this could be the perfect setup for the next major run! Historically, these pullbacks have been springboards for explosive moves to new all-time highs. 🔍 Why It’s Exciting: Healthy dip = Opportunity for strong hands to reload Key support levels holding firm = Confidence in the market BTC thrives on momentum shifts—this could be the calm before the storm All signs point to a bullish resurgence. What’s your take—are we gearing up for a new ATH? Let’s hear it! 📈 Longby ashwani5005
BTC/USDT "BITCOIN vs USDT" Crypto Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the BTC/USDT "BITCOIN vs USDT" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a bull trade at any point, however I advise placing Multiple Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low & high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low level. Goal 🎯: 114,000.00 Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂Longby Thief_TraderUpdated 8
Going long here makes senseThis trend line is quite accurate as I have predicted in my previous post, we dumped into lower support. We may see a bounce towards 110K. Longby njmanura3
BTC LONG TP:113k 16-12-2024The upward trend is expected to continue, targeting a rise towards 113k, with a potential spike reaching between 116k and 118k. Ideal entry points are around 104k to 106k, while stop losses should be set below 101k-102k. Make sure to adjust everything according to your trading style. This projection should materialize within 24 to 30 hours; otherwise, it may need to be discarded. Stay updated with market developments. #Bitcoin #TradingLongby ReyDragon21Updated 14
Analysis on BTCUSDTA good breakout, retest and down Bitcoin goes. There's also a divergence signalling Bitcoin down Shortby Gallantcoin2
Greatest Indicator in Trading and InvestingFOMC sell on news event is well played, now if we hold 98 i think yes it can be support to bouncing because have 1D trendline But if it breakout, i think chart will going to 87 as another support Especially we have the best and greatest indicator in the worldShortby Calon_SultanUpdated 3
Bitcoin Breakout Massive Wedgein 1D timeframe, bitcoin breakout massive wedge support I think around 94-95 we will see consolidation then retesting wedge or maybe like create double top or HH or something then massive downside by Calon_Sultan2
BITCOIN | IF DECLINE GOES DEEPERThe possibility of a deepening decline appears serious, and it’s essential to stay prepared for such scenarios. I have identified my hedge short levels at the red boxes, which I consider key areas for managing risk and capitalizing on potential downward movements. Monitoring these levels closely will be crucial to adapting effectively to the market's evolving structure. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in TotalLongby XU996
BTCUSDT: Consolidating below key resistance. What next?Hello, dear friends! BTC/USDT is currently on a bearish trajectory, with the price hovering around $101,200. This decline follows comments from Federal Reserve Chair Jerome Powell opposing the establishment of a national bitcoin reserve fund. From a theoretical perspective, the outlook suggests further downside potential, as the price is currently near critical resistance levels around the 0.618 and 0.5 Fibonacci retracements, while the descending trendline remains intact. It is anticipated that the decline could extend to the designated support zones. Wishing you all profitable trades ahead! Shortby Trader-BriannnnUpdated 21
DXY vs BTC - Don't Fade the FedVery simple concept that people should be aware of. When DXY runs it is because investors are risking off from the market into USD for some reason. Usually DXY will run in opposition to the majority of Stocks, Crypto and other risk on markets. The Fed has announced yesterday that there will be less rate cuts than expected in 2025 and are hawkish causing a market wide selloff into USD and other safe haven assets. This risking off may be done and we could see a reversal on the DXY, a failed breakout: or we could be in for more pain. It's a big warning sign.by Mrgalaxy1
Bitcoin long back to 105k then ATHJust now opened bitcoin long. I think the bottom is in an we about to break out...right about now. See partials on chart. Will update in comments if adjust tp or adjusting trade.Longby FilnftUpdated 117
Technical Analysis: Aiming for the 140136.1 TargetWe still believe that the 90419.3 level on BINANCE:BTCUSDT.P serves as a strong support point that could drive the price toward the next target at 140136.1. The current technical analysis supports this scenario based on the following factors: Overall Trend: The uptrend remains intact, with prices holding above the 50-day and 200-day simple moving averages, reinforcing the potential for continued bullish momentum. Support and Resistance Levels: Key Support: 90419.3 (a pivotal level). First Resistance: 110000 (a psychological level likely to encounter selling pressure). Second Resistance: 140136.1 (the expected target). Technical Indicators: RSI (Relative Strength Index): Shows positive momentum and remains below overbought territory, leaving room for further upside. MACD: Displays bullish signals with a positive crossover above the zero line, indicating continued upward momentum. Volume: Suggests increased buying interest near the current support levels, strengthening the likelihood of a bounce. Chart Patterns: A potential "Bullish Flag" formation is observed on daily timeframes, supporting the case for achieving higher targets once the upper resistance line of the pattern is breached. Possible Scenarios: Bullish Scenario: If the price holds above 90419.3 and gains sufficient momentum, we may see a gradual rise toward 110000 initially, followed by a move toward 140136.1 in the medium term. Bearish Scenario: A break below 90419.3 could trigger a corrective move toward the next support level at 85000, delaying the upward targets. Recommendations: Closely monitor the 90419.3 level as a critical pivot point. Set stop-loss orders below this level to safeguard open trades. Consider adding long positions incrementally if strong support signals emerge on shorter timeframes.Longby luta_ksa0
BTC BULLISH SCENARIO: A LONG BUY WICK OFF 97K SUPPORT INTO 100K In my opinion, this scenario is the most likely to play out because bulls are showing strength even during dips, indicating they’re not ready to stop buying yet. Here’s what I think will happen: We bounce off the 96K-97K support , forming a strong long-buy wick candle , which sets the stage for the next week (starting December 23rd) to turn green. I’ve included a simulation to illustrate how this might look (check candles) The key for me is staying within this channel— above 97K but below 100K —for some time. If we can consolidate here for a month, it creates room for altcoins to rally, delivering significant profits. As altcoins surge, BTC dominance (BTC.D) will drop, enabling massive altcoin gains. Eventually, that capital will rotate back into BTC, pushing it above 100K once again making higher highs.Longby Asma7assan226