Scenario on BTC 12.12.24According to the previous scenario, I adjusted the levels a little and now it gives me a big short position scenario somewhere at the price of 93k, if we do not maintain this level, a move to the price of 87k is possible.Shortby Sony97Updated 3
150k is coming soonEach growth cycle is about 60% of the previous growth cycle. Each time the last 5th wave of the growth cycle is one of the most growing and fastest.Longby CapitalDollar7
Bitcoin’s $100K Showdown: Will Bulls Hold the Line?Hello Intrepid Traders , We have here the 1 Hour Chart of BTC/USD pair on Coinbase. Bitcoin is navigating a critical point in its 1-hour chart, trading within a well-established ascending channel while hovering near the psychological $100,000 mark. The RSI has dipped near its oversold support zone, historically signaling potential reversals, but bearish divergence looms. With the 50 and 200 EMA providing dynamic support, is Bitcoin primed for a breakout or a deeper pullback? This analysis dives into the RSI, price action, and critical support and resistance levels to uncover what lies ahead for the king of crypto. 1-Hour Chart Analysis Key Observations RSI: The RSI is near 50, indicating market indecision. The green RSI zone marks historical oversold levels, signaling potential bullish reversals if touched. Price Action: Bitcoin is trading within an ascending channel with clear higher highs and higher lows. Support Levels: $100,000: Strong support near the channel's lower trendline and 200 EMA (red). Resistance Levels: $103,000 - $105,000: Key channel resistance and short-term target. EMA Analysis: The 50 EMA (green) is above the 200 EMA (red), signaling short-term bullish momentum. The 200 EMA ($100,000) acts as critical support. Scenarios and Suggested Actions Bullish Scenario: If RSI moves above 50 and the price holds above the 50 EMA, Bitcoin is likely to test $103,000 - $105,000. A breakout above the channel could push the price to $107,000 or higher. Bearish Scenario: If Bitcoin breaks below $100,000 and the RSI dips into the green oversold zone, expect a retracement toward $97,000 - $98,000 or lower. Action Plan: Short-Term Traders: Buy on a breakout above $101,000 with a target of $103,000 - $105,000. Sell or short on a breakdown below $100,000, targeting $97,000. Long-Term Investors: Hold or buy more at $97,000 - $100,000 for long-term gains. Final Thoughts Bitcoin is at a crucial juncture. While the ascending channel and the RSI’s green zone suggest potential for a bullish rebound, the indecisive RSI near 50 and critical support around $100,000 mean the market could swing in either direction. Traders should monitor the RSI closely—if it rebounds above 50, expect bullish continuation toward $105,000 or higher. Conversely, a breakdown below the channel’s support near $100,000 would signal bearish pressure, with targets around $97,000 or lower. Whether you’re bullish or bearish, this is a time for careful planning. Dynamic supports like the 50 and 200 EMA can provide good entry points, but risk management is key in this volatile zone. Leave your questions and comments below. More power to all your trades! Intrepid Trader Disclaimer: This analysis is for educational purposes only and should not be considered financial or investment advice. Trading cryptocurrencies involves significant risk. Always conduct your research or consult a professional advisor before making trading decisions.by RSibayan221
Time for the break-out?LEt's see. It hit the trendline a few times now. If it breaks it will go to approx 107500 I think. After that either a retrace or a bigger drawdown to mid 80's or even 70'sby VinceHunger1
Bitcoin Halving and Its impact on price growthExecutive Summary BINANCE:BTCUSDT Bitcoin’s halving events have historically marked significant milestones in its price trajectory, often serving as catalysts for substantial growth. Each halving reduces the reward for mining new blocks by half, effectively decreasing Bitcoin’s issuance rate and increasing its scarcity. This predictable supply shock, combined with growing global adoption, has led to a recurring cycle of price surges post-halving. In this analysis, I'm trying to explore Bitcoin’s price performance after each halving event, focusing on the time it takes to surpass previous all-time highs (ATHs) and reach new price peaks. Using historical data and trendline analysis, we provide insights into Bitcoin’s current trajectory following the April 19, 2024, halving, and evaluate the potential for its price to reach unprecedented levels in this cycle. Key observations November 28, 2012 Halving After Bitcoin's first halving, it took approximately 368 days to surpass its previous ATH of ~$31 (set in June 2011). New ATH (November 2013): ~$1,242. July 9, 2016 Halving Post-halving, Bitcoin took 266 days to exceed its prior ATH of ~$1,242 (set in November 2013). New ATH (December 2017): $19,764. May 11, 2020 Halving Following the 2020 halving, Bitcoin surpassed its previous ATH of $19,764 (from December 2017) in just 161 days. New ATH (November 2021): $69,000. April 19, 2024 Halving (Projected) As of December 2024, 238 days post-halving, Bitcoin has already surpassed its prior ATH of $69,000 (from November 2021) and is currently trading at $101,393. Trendline Analysis Drawing a trendline connecting the 2017 ATH ($19,764) and 2021 ATH ($69,000) reveals a potential upper boundary for BINANCE:BTCUSDT Bitcoin’s post-halving growth. This trendline indicates that Bitcoin may test the upper range, with a target price around $200,000 USD in the current cycle. Risks to Consider Macro-Economic Factors: Geopolitical events, interest rate changes, or regulatory actions could disrupt market trends. Market Liquidity: Declining liquidity could delay BINANCE:BTCUSD price breakout despite favorable conditions. Unexpected Events: Network-specific issues or technological vulnerabilities may impact price movements. Recommendations For Traders: Monitor key resistance levels and trading volumes for breakout confirmation. For Long-Term Investors: Consider accumulating during consolidation phases for optimal entry points. For Analysts: Keep an eye on macroeconomic indicators and Ethereum’s network activity to validate price movement projections. Conclusion Bitcoin’s consistent post-halving price surges underscore the significant role halvings play in shaping its growth trajectory. Historical data and trendline projections suggest that Bitcoin has the potential to reach unprecedented highs in this cycle, with a plausible target near $200,000 USD. While macroeconomic factors and market dynamics may influence short-term movements, the long-term growth pattern remains compelling for investors and analysts alike. Disclaimer: This analysis is based on historical data and is not financial advice. Cryptocurrency investments carry risks, and readers are advised to conduct their own research.Longby AdilforgoodUpdated 114
BTC's Comeback: Double-Top Pattern Signals Big Moves AheadThe grammar is clear and the structure is solid. Here’s a slightly refined version for flow and readability: Crypto traders have plenty of reasons to be excited. The next few days could bring significant movements in BTC. A majority of the losses from the December 5 crash, which followed the previous all-time high, have already been recovered. Furthermore, the price has formed a double-top pattern, aligning with the highs of December 6 and December 11. Ideally, the price might dip towards 97,785 before pushing upward or consolidate sideways for a day or two before breaking out to the upside. Traders may attempt to go long regardless, given the current double-top pattern. However, it’s preferable to see a third top form just below 102,150, transforming the pattern into an ascending triangle—a more powerful bullish signal. Breaching the December 11 high could indicate a potential rally toward 110,500. This move could also significantly uplift altcoins, many of which have recently suffered steep 30% declines. What’s your take? This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.Longby ThinkMarkets6
Bitcoin could retest 4hr 200ema and then run hard!I think a small pull back is likely, we are so close to the 200ema and perhaps it will converge with up-sloping and down-sloping resistance for a volatile reaction. Not financial advice, DYOR by ChartProphet113
BTC Short-Term Bearish OutlookThe price appears to be forming Major Wave 5, which is part of Cyclical Wave 3 on the higher time frame. Currently, we anticipate the price is completing Wave , after which it is expected to move upward, breaking the recent high to form Wave of Wave 3. Following this, a corrective Wave 4 is likely to occur, targeting lower levels. According to Elliott Wave theory, Wave 4 often retraces to the range of the prior Wave 4 of a lower degree in the recent structure. Based on this guideline, our potential targets are as follows: Targets of wave : 1st target @87,358 2nd target @83,00 3rd target @78,900 Targets of wave 4: 1st taget @89,200 2nd target @83,485 3rd Taget @78,468 By El- Sayed Owaidy, CETA, CFTe Founder of The Egyptian Academy for Elliot Wave “EAEW” Shortby Market_Minds_SMUpdated 4
BTC FIB BREAKOUTAfter Bitcoin's Fibonacci channel breakout, there are three possible TP levels, marked in red. My personal opinion is that the first level might find sellers, leading to a test of the 83k level. At this point, I anticipate people flooding into the market, triggering FOMO (Fear of Missing Out). This could result in a temporary pullback, which I don't see as a problem but rather as a potential buying opportunity. During bull markets, it's common for prices to rise without providing clear buying opportunities. The chart includes an imaginary price movement, reflecting my expectations. Whether it plays out or not is irrelevant. What truly matters are the price and trend. This is not financial advice. by brsklcoglu1
BITCOIN WYCKOFF accumulationscenariocast! IF that is what is occuring ... the #BTC price over the next few months could follow something similar to what I have drawn in a #Wyckoff re-accumulation range and breakout. With the recent price action being a false breakdown before recapturing the range and proceeding to reach previous levels of resistance. Let's see if this occurs, sentiment reached rock bottom last week. SO I would not be surprised!Longby BallaJiUpdated 3329
BTC top at 105 to 108k?I'm always looking for signs of a change in trend direction. A good indicator has always been; 1. A series of higher highs in the price-action, with 2. A corresponding series of lower highs on the RSI (for major trend changes or corrections I use the daily time-frame), 3. Ideally, three lower highs on RSI (sometimes you only get two), with the final RSI high FAILING to get above the 70 level of RSI (red circle). To me this signals - at a minimum - a correction is inbound. So, I would look for other indicators to determine if I think if it is a correction or a trend-change i.e. bear market. There is a plausible Elliot Wave count. Without getting too technical, I see the 105 to 108k as the end of the trend. Could be wrong, could be right. If I am right I should get a medal for accuracy. Happy trading.by flyinkiwi10222
BTC - start LEGI think that with this situation, the drawn trend line and the price ceilings that are approaching each other, Bit is slowly approaching the end of its rise and Ethereum will become the market leader.by hrmbn87Updated 113
BITCOIN - Sell Idea (Short-term)After hitting the 100k mile stone, the Bitcoin's upside trend had started to fatigue. The following breakdown below the key-level support of $97,585 was our trigger to jump into a short position. The next big key-level support is at $92,950, our official profit target.Shortby BulletproofTradersUpdated 1
Another leg up for BTCUSD?It's the weekend but i am seeing another leg up for BTC. If price holds in H4 until London Session, this will be viable. Any thoughts?Longby TraderKeithfxUpdated 3
Cup and Handle in Bitcoin leads to $117,300The sideways to down movement in Bitcoin since Dec 5th when it hit its $104,000 ATH has all been just a 10 day cup and handle that has formed. The cup depth is about $12000 as measured by the vertical line shown on the chart. I cloned that line and put it at the expected breakout of the handle. The price target for this cup and handle is $117,300 and it could come later this week as shown by the top of the cloned line and the Elliot Wave projection. by shubbs111
BREAKOUT ON THE BOLLINGER#Bitcoin Bollinger Band 👀 📝The price of BTC has broken out the Bollinger Band, as we predicted in the last post. 🌊Now, we see a strong increase in volatility and a rise in the BBW oscillator. This is exactly the period that all market participants have been waiting for. 💡I recommend that investors start to partially fix profits and traders be careful with high leverage. With increased volatility, you can lose money many times faster.by FeelsStrategyUpdated 5
2025 BTC chart based on historical days2025 BTC Chart based on i)Halving to ATH days, ii)ATH to Cycle Low days iii) Cycle low to break ATH days by tsl0124111
SPY/QQQ Plan Your Trade For 12-13 : Carryover In ContertrendToday's pattern is a Carryover in Counter trend mode. As you'll see in today's video, I'm highlighting many various new features and techniques to help traders understand price movement and context related to trading opportunities. We need to understand how to target opportunities and how to avoid risks. I had a long conversation with a subscriber yesterday - he's struggling to understand how to trade efficiently. Trading is all about jumping on opportunities when they hit and trying to avoid risks and overtrading. I see so many people try to trade everything that ticks - even when they should be sitting on the sidelines and waiting for better opportunities. If you want to gamble with your trading account - throw a dart and pick BUY or SELL (RED or BLACK). If you want to learn how to consistently target the best trade setups, then learn to WAIT for the best setups, execute your trades, then PULL PROFITS/EXITS as quickly as you can. You should be able to trade only 2 to 3 times a day and do very well - if you don't get trapped in trying to WISH a trade into profits. Remember, trading is unlike anything else you've ever tried. The more time you try to WISH something to happen, the more likely you are taking on excessive risks. I'm working on new tools to help all of you develop better skills. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Short37:47by BradMatheny1
BTCUSD | Symmetrical Triangle Breakout | Key Entry Setup!**BTCUSD | Symmetrical Triangle Breakout | Key Entry Setup** **Description:** BTCUSD 30-min chart signals a breakout opportunity. - **Entry:** $102,104 - 🎯 **Target 1 (T1):** $102,678 - 🎯 **Target 2 (T2):** $103,571 - ❌ **Stop Loss:** $101,532 This setup highlights potential upward momentum. Watch for confirmation and volume! 📈🚀 #BTCUSD #Bitcoin #CryptoAnalysis #TradingSetup #TechnicalAnalysisLongby Xeeshan791
Bitcoin Halving & Its impact on price growth update from 13 Dec.Addition to previous analysis from 13 Dec 2024 Executive view I won't delve deeply into the definitions of price movements for KRAKEN:BTCUSD , as an in-depth analysis was already provided in my previous article dated 13 December 2024. You can find the full breakdown here: In this updated version, I aim to provide a broader perspective on Bitcoin's future price movements and its potential trajectory. If the outlined theory holds true, we are still in the mid-term phase, and the cycle’s top has not yet been reached. I maintain my view that the top for KRAKEN:BTCUSDT could approach $200,000. Disclaimer: Conduct your own research and ensure proper risk management before making any trading decisions. by Adilforgood2
Trading is a scam !?When someone says trading is a scam, what they’re often admitting is: “I tried trading, lost money, and gave up.” The truth is, trading isn’t a scam. It’s a skill—and like any skill, it takes dedication to master. Success in trading demands: 📈 Deep market knowledge to understand trends and strategies. 🧠 Iron-clad psychology to handle losses and control emotions. ⏳ Endless patience to wait for the right opportunities. ⚖️ Proper risk management to protect your capital. The question is: Are you willing to put in the work?Educationby AlphaBull-Trading2
Possible Stages of BTC top.The big W spike could have been an important top for BTC. In times we have topping patterns we usually see the retracement levels hold 76/86 and then reject. When this happens we often seen wave 1 of the reversal in the obvious break. Wave 2 is the "Return to normal" bull trap (76 correction). When these are in place and waves 3 and 5 come, these tend to extend 2.61 of wave 2. Forecast for wave 5 low would be around 75K. Shortby holeyprofitUpdated 232340