BTC Liquidations During Market CrashesBTC Liquidations During Market Crashes. Covid, Luna, FTX and the Trade Wars this week
BULLUSD trade ideas
“Bitcoin to one million dollars? Not now, maybe in 20 years!”Introduction:
Bitcoin and other cryptocurrencies are often presented as a solution to the traditional financial system. Originally designed as decentralized currencies not controlled by the government, they are seen as an escape from traditional banks and state control. However, some argue that cryptocurrencies may have been introduced by governments or powerful institutions as a means to control capital flows or bring ‘black money’ back to the state. While there is no definitive proof of this, it is undeniable that governments are increasingly trying to gain control over the cryptocurrency market, as evidenced by stricter regulations and the development of Central Bank Digital Currencies (CBDCs), which would give governments full control over digital transactions.
This research report focuses on the potential future of Bitcoin, specifically the question of whether it will ever reach the milestone of one million dollars, and why this seems unlikely at the moment.
Bitcoin Chart in Comparison with the Dow Jones:
When we compare the charts of Bitcoin with those of the Dow Jones, we see that Bitcoin is still in a relatively early phase of its growth, which can be compared to a ‘fetus’ stage. This means that the Bitcoin market is still relatively young compared to established markets like the Dow Jones, which has existed for more than a century and thus had more time to develop and stabilize. The Bitcoin market is currently in the early stages of its growth phase.
From the perspective of the Elliott Wave Theory, Bitcoin is currently in the third phase of the market cycle, known as the “First Wave Extension.” This phase is characterized by a strong rise in the price of an asset after previous corrections. The Elliott Wave theory posits that markets develop in five waves: three upward waves and two downward corrections. The “First Wave Extension” is the third phase of this upward movement, in which the price of an asset, in this case Bitcoin, shows strong growth.
My claim that Bitcoin is in an early phase is supported by actual market data. Bitcoin is indeed still young and volatile, unlike traditional markets like the Dow Jones, which is in a much more advanced stage. The volatility of Bitcoin is currently one of the main features of the cryptocurrency market and a factor that brings both opportunities and risks. The relatively short history of Bitcoin, compared to established markets, means there is still a lot of uncertainty about the stability and future value of the digital currency.
Conclusion:
Bitcoin is currently in an early stage of its development, both in terms of market acceptance and price stability. While there is a possibility that Bitcoin may reach a higher value in the future, it is unlikely to reach the milestone of one million dollars in the short term, especially due to the volatility and uncertainties associated with the regulation of cryptocurrencies. The coming years will be crucial for Bitcoin’s further evolution, and factors such as technological advancements, government policies, and market acceptance will determine whether Bitcoin can develop into a more stable and widespread currency.
In the meantime, the Bitcoin market remains a dynamic and exciting space for both investors and technology enthusiasts. The question of whether Bitcoin will reach one million dollars in the future remains speculative, but the future of this decentralized currency offers plenty of food for thought over the next two decades.
Refreshing the conversation. Showing my learners under the hoodRecently I've been lucky enough to mentor an 18 year old into the world of crypto and the markets
Being able to speak with wisdom instead of trying to factor in a ridged mindset gave me the freedom to speak about where MTOPS truly originated from
Listen in with an open mind
91-92K zone is critical for Bitcoin to sustainCOINBASE:BTCUSD is retesting the 91-92K zone and if it is breached then we can expect further downside. On the contrary, if it holds then we can expect the upmove to continue beyond 100K.
Wait and watch ...
$BTC.X >> 4 Hr. Chart > Technical Analysis$BTC.X >> 4 Hr. Chart >>
Hitting descending support
higher low
16 red candles in a row
due for some green........
EMA 4 @ 95899 is the 1st key level to break to get a bounce going
BTCUSD - 96K is the endBitcoin remains strong. It’s all part of the smart money game. 96K is the end and 112K the target. The real move is unfolding.
BTCUSD ShortsNow we are in a down trend on the 4h we can look for further downside. I am favouring for price to come up to the resistance level marked as well as the 38.2% fib retracement level, if it produces the right bearish candle sticks on the 1h or 4h timeframe i would consider selling this!
Again as my last post said I do not trade crypto, I trade forex but I am trying to trade crypto to see if I can apply the same strategy to both.
Bull cycle is not over yet ! (but I am not buying or selling)Bitcoin (and the rest of the crypto market) look very bearish. I am starting to hear and read "the end of the cycle" in youtube and x. I can see the reason why. 4H, daily and even 5D chart look pretty bearish.
However, the weekly setup of momentum indicators make me think it is still too early to say the bull market is over.
Please look at the blue dotted lines in the chart. These areas have very similar setups.
1) All momentum indicators are in the bull zone.
2) It looks that MACD lines are about to cross but haven't. There are many occasions where they look like they are about to cross to the downside but they just touch and resume to the upside. MACD is a very slow moving indicator. It is not very useful for intraday trading, but for the higher time frame (daily, weekly etc), it removes a lot of market noises and is very reliable.
3) The RSI based MA line (orange line in RSI) is still sloping upwards. This line ignores market noises. If the angle of the line is sloping up, the price tends to continue to trend upwards until it starts to change its angle.
4) Stochastic is moving downwards, however, there is a sign it is rolling back to the upside. Stochastic is the fastest reacting indicator among the three. So it provides an early sign of what may be coming.
At this stage, I will not be selling my BTC. (I mean I will not open a long term short position) until I see a clear sign of the trend reversal in the daily or weekly timeframe.
P.S. A lot of price manipulation happens on weekends so in general I won't make a big decision based on the weekend price action.
Bitcoin longer term chart showing the original support pointThis is a follow-up to my previous post showing where I am drawing my original support line with a test.
BTC is a fat cow IS IT going up or down ?? i forget, i need i furu to come educate me on which rollercoaster ride its going on
BTC Harmonic - back testing harmony in space and time.. ;-)My BTC weekly chart potential combining the 38.2% fibonacci retrace showing a perfect BAT harmonic. A CYPHER could pop up and show potential too if PA continues above the original impulse run.
I’ve applied the trend-based time fibonacci to see systematic potential in time along with verticals price action. Essentially back testing theory to align where the PA retracement is to, then identifying that zone horizontally. We see how it’s lined up..let’s see how it plays out.
Bitcoin to push to £122,000 by end Feb wedge underway.... 2 weeks roughly left before we pop up out the range, back test then off to £122,000!!
all i can say is we stay hopeful $BTCThis is my first time seeing this pattern in a HTF and to be honest it looks scary because i cant predict anything yet
I hope the market i bullish so we can see an altszn
CRYPTOCAP:BTC
might crash or pump
either way we should be ready
BTC CONSOLIDATINGThe Bitcoin daily chart remains within a consolidation phase after a failed breakout above key resistance at 106,099. Price is currently trading just below this level, showing indecision with several wicks on both sides of the candles, signaling market uncertainty.
The descending trendline from the recent all-time high was broken last week, and price has held above it, which suggests that the overall structure remains bullish. Support at 99,860 continues to act as a strong floor, aligning closely with the 50-day moving average, which has been steadily trending upward.
Volume has been relatively muted over the past few sessions, indicating a lack of conviction from both bulls and bears. A daily close above resistance at 106,099 would likely confirm bullish continuation and could open the door for a retest of the all-time high at 109,358. Conversely, a breakdown below 99,860 could test the 50-day moving average and lead to a broader pullback.
Traders should watch for a decisive move in either direction, as the current range-bound action indicates the market is building energy for the next significant move.
#BTC Analysis: Historical High Achieved, Potential Rebound AheadIn the 6-hour Bitcoin chart, the price first moved toward liquidity zones below $90,000, completing a stop hunt and liquidity sweep. Following this, Bitcoin surged over 20%, reaching $109,400 and marking a new all-time high , hitting all announced targets.
Today, Bitcoin faced a 7% correction from $105,000 to $97,500, creating a significant liquidity void (LV). A further retracement toward the $94,400–$96,000 zone could attract renewed demand, potentially filling this LV and paving the way for a rebound.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
BTCUSD: Bitcoin Is Ready To Take Off. Target "110000 to 112000"Disclaimer: This particular analysis is not a trading advice but a personal analysis.
Greetings! my fellow traders share your thoughts on BTCUSD today.
BTCUSD Price Today: 104000
BTCUSD is ready to hit a new All Time High. After hitting All Time High Bitcoin remained stable and rejected lower areas during the phase of retest. Currently BTCUSD is working under the range of 98000 and 108000 and has been supported by the bulls and strong community. The devaluation of Dollar and Trump's constant support to BTCUSD can pump it up to hit a new All Time High. If we look the the chart, all h4 candles and d1 candles are supporting it where as the h4 sell candles are not giving closing below 104000. So according to my personal analysis market is bullish and can reach all time high without testing any resistance.
Supporting Area: 102000, 100000
Resistance Area: 106500, 110000
Demand Zone: 110000, 112000
Like, comment and support for more updates on BTCUSD.
Thanks for your support and time
Bitcoin Returns to All-Time HighsThe cryptocurrency has managed to sustain a gain of over 4% in the last two trading sessions, as the market remains confident that Trump’s new administration will play a key role in the future of U.S. regulation. For now, the price is slowly approaching the all-time high resistance zone at 106K.
Neutral Bias
Bitcoin continues to trade within a strong lateral range, with resistance at 106K and support at 91K. The recent bullish momentum has once again brought the price to the resistance zone of the channel. If buying pressure remains steady, the current neutral formation could be challenged, potentially leading to a more significant upward move.
ADX Indicator
One factor that may not fully align with the recent buying spike is the ADX line’s movement. Currently, the ADX line is oscillating below the neutral 20 level, suggesting that recent upward movements lack a clear trend direction. This could lead to short-term bearish corrections, creating resistance at the current price level.
Key Levels
106K: The closest resistance level, positioned at the all-time high zone recorded by Bitcoin in recent weeks. If the price successfully breaks above this level, it would end the current lateral range and potentially trigger a stronger bullish rally in the short term.
99K: The nearest support level, aligning with the midpoint of the current range, the 50-period moving average, and the upper boundary of the Ichimoku cloud. This indicates that 99K serves as an important support barrier against bearish movements in the short term. If the price falls below this level in the coming sessions, it could confirm a bearish bias, undermining current market confidence and extending the lateral range.
91K: The final support level, positioned at the lower boundary of the lateral channel and acting as the last barrier before a potential trend reversal. If the price reaches this level, it could trigger strong bearish pressure in the BTC market.
By Julian Pineda, CFA - Market Analyst
Postpone shorts for awhileMorning folks,
So, the pullback that we've discussed last time is done and even slightly more extended, in a way of AB=CD .
By our previous plan, somewhere around we should start thinking about the short entry. So, is it time? We think it is not quite yet. And the reason stands with the pattern that now is forming on weekly chart - bullish grabber. This pattern suggests the challenge of the top again in any way.
Does it mean that the bearish scenario, especially our DRPO "Sell" pattern has totally failed. Not quite. The test of the top might be fast, just in a way of spike. In this case bearish setup will stand. But this will be later. For now - we consider no shorts, at least on daily/weekly charts.
On intraday charts, since we have "222" Sell, right, scalp traders could consider shorts for a few hours with very close target - around 103K. But this is not our primary scenario so far.
So, to be absolutely sure with this, let's wait for weekly close price to understand do we really get the grabber on weekly TF or not...
Run it Up BTCUSD I think btc is within a structure that wants to breakout to the upside
this upside is shown with the bars pattern on chart showing 150K +
Bullish
BITCOIN rejected on the MA50 (4h). 95k possible.Bitcoin is trading inside a Channel Down pattern which has just formed a Lower High on the MA50 (4h).
This is a technical rejection, which after holding the MA200 (4h) previously, now should aim for a final Lower Low on the next support level, the MA100 (1d).
Trading Plan:
1. Sell on the current market price.
Targets:
1. 95000 (-10.70% decline as the previous bearish sequence of the Channel Down and potential contact with the MA100 (1d)).
Tips:
1. The RSI (4h) is about to cross under its MA trend line again, confirming the bearish move.
Please like, follow and comment!!
Mr.Million | Current BTC Chart Analysis and My Trading PlanBTC at a crossroads! 50-50
🔼 If it goes up, I will wait for an ending diagonal and bearish divergence before SHORTING to $65-70k. This will be a very high probability (90%) setup!
🔽 If BTC drops, I will then wait for an ABC retracement to 0.500 – 0.618 Fib before going SHORT, also targeting $65-70k.
Patience pays! Let’s see which way the wind blows.
BITCOIN Hello Traders 👋
What are your thoughts on BTC ?
:As we can see this BTC Market made on high 109600.
: After that, the BTC market has made a sell entry
: If BTC Market break (change of character) of 91000.
: Then BTC market down fall on next support.
Let's see guys
"Bitcoin 2030 Path to the Super Cycle" "Bitcoin 2030 Path to the Super Cycle" It looks like this may be the likely path to the Bitcoin Super Cycle. In 2025 reaching around $118,000 US Dollars. Then a bear Market in 2026 Hitting bottom at around $35,000 US Dollars. Then in 2026 the Bull Market headed to 2030 and hit the top of the pattern. I am assuming there will be enough new exchanges available to more people to add more money to the market to finally break out of the pattern. Let's see how things will play out.
