Daily Analysis of Bitcoin – Issue 226The analyst forecasts a rise in Bitcoin's price within the next 24 hours.
This prediction is based on a quantitative analysis of recent price trends
BULLUSD trade ideas
Bart Simpson Falling: BTC Short TermCorrection is healthy to fuel a move to outer space. Could we see a Santa Rally bounce, or will geopolitical news put an end to the bull run?
BTC Wave AnalysisBitcoin wave analysis shows us the next move is going to upside to complete the last wave.
key level to watch is 100903
BTCCRYPTOCAP:BTC I see a lot of tweets calling tops and people think a large pullback is around the corner.
Everything is possible of course.
In the past though the 200 ema and the 200 ma on the 4H timeframe has always held the first big pullback of 25 to 30% and touched it barely due to the distance price was away from it.
at this moment it lays only 8.35% down.
This would mean we would have to nuke through it and price would be trading way below it in the first pullback.
Highly unlikely imo.
A touch is definitely possible, but i don’t see any bearish signs to assume we would lose it already when the rsi on the weekly has not even touched the 80 zone yet
#Bitcoin #Crypto
Bitcoin Closes Above 100KBitcoin closed it’s first daily and weekly candle above $100K - ever. That was yesterday.
Today, we are back below, but the day is not over yet.
You can see that we have a clear level at $99,860 (we can call it 100K) from the late November all time high. This level has acted as resistance and support for the last 3 daily candles, almost to the dollar. I would like to see today close back above that.
BitcoinThis is a technical analysis chart for BTC/USD (Bitcoin to US Dollar) with notable levels, patterns, and annotations. Here's the breakdown:
1. **Chart Type and Timeframe**:
- The chart uses **30-minute candles**, suggesting a short-term focus on Bitcoin's price movements.
2. **Resistance and Support Levels**:
- **Resistance levels**:
- $99,578 and $98,727: These levels mark upper bounds where the price previously reversed downward.
- **Support levels**:
- $94,820, $94,229, and $93,086: Indicated as zones where the price has reversed upwards in the past.
- Strong support around $91,521–$90,978 (highlighted in green and yellow): This is a critical support region.
3. **Current Price**:
- Bitcoin's current price is hovering around $97,549, as shown in the chart.
4. **Trend Line**:
- A diagonal black trend line suggests a bearish breakdown after an uptrend.
5. **Market Structure**:
- **Double Top Formation**: The blue circle near $98,534 indicates a potential double-top pattern. This is a bearish reversal sign.
- **Bearish Breakout**: The price has broken below the trend line and is consolidating below $98,132, suggesting weakness.
6. **Potential Scenario**:
- The handwritten annotation on the chart suggests that if the price breaks below the **$94,820 support zone**, Bitcoin may head toward **$90,000**
7. **Projection**:
- The projected black zigzag line predicts a downward move with pullbacks, aligning with the bearish sentiment.
### Summary of Analysis:
- Bitcoin is showing bearish tendencies, confirmed by:
1. A bearish trend line break.
2. Resistance rejections around $98,727.
3. Consolidation near key support levels.
- **Key Watch Areas**:
- If the price breaches $94,820, a move toward $90,000 is likely.
- Conversely, if Bitcoin holds above $94,820, it could attempt to retest $98,727 or higher.
This chart emphasizes caution, particularly for bullish positions, and suggests looking for a clear breakout or breakdown before entering trades.
Bitcoin 2018/2019 CrashCharting the crash of Bitcoin in 2018/2019. Many have asked me about investing in cryptocurrency and how much should they invest but also wanted to know what type of asset is Bitcoin or cryptocurrency. My answer is this, Bitcoin and other cryptocurrencies are speculative assets, many believe them to be a security (SEC Chairman Gary Gensler) others believe it to be a commodity, I just call it a speculative asset, very volatile whether going up or down in price. Whether retail investors should invest or not, solely depends on that individuals goals and investment objective, I would advise retail investors to avoid putting large sums of money on speculative assets unless they can afford to lose it, there are much more safer investments that can offer growth, capital appreciation, and dividends that they can put large sums of money in that would grow and increase overtime. Cryptocurrencies can definitely give one magnified gains but with magnified gains comes with alot of risks and can turn into magnified losses as we can see in this chart here when Bitcoin dropped almost $16,000 in just a few months.
Bitcoin is not done, big green candle comingThis is not the end. The fear this little dip brought across the market will scare lots of investors and traders. Those shorting here will be in for some pain as bitcoin break ATH either this candle or the next.
Time called on Bitcoins post US election rally?Bitcoin trades lower at $97,400 (-3.76%) as more signs emerge that investors have called time on its one-month post-US election rally.
As noted yesterday, the modest gains that followed Trump's appointments of the pro-crypto Paul Atkins as SEC head and David Sacks as his "AI and Crypto Czar" were warning signs the rally was faltering.
As was the volatility viewed on Friday morning when Bitcoin hit an air pocket falling from over $100k to a low of $92,092. All of this reinforces the idea that BTC is likely entering a consolidation phase in the days/weeks ahead.
BTC Bitcoin: Is the Bullish Breakout Here to Stay?👀👉 Bitcoin (BTC) has been gaining strong momentum, with a confirmed bullish breakout in market structure on the daily and 4-hour charts, reaching new all-time highs. My outlook remains bullish as I monitor a potential retracement into the Fibonacci 61.8% zone for an ideal entry point. In this video, we provide a detailed BTC analysis and explore how to trade Bitcoin effectively, breaking down strategies to capitalize on the current bullish trend. Whether you’re an experienced trader or new to the crypto markets, this guide will refine your trading approach and improve your confidence in navigating Bitcoin's price action. Not financial advice.
Predictions based on established ChannelI do think we chop sideways here for while in this channel with volatile moves up and down throughout it. Announcements by Microsoft or Amazon holding Bitcoin in their treasury should invalidate this chat.
Otherwise I expect up to move further up into the Wyckoff Method, reaching a top of 158 to 160. I recommend taking profits at 148K to be safe. *NFA
Will share extended chart later
long night ahead We've fallen through a key dynamic level - if we don't see a push back above this level (the lime green line on the chart) before 0100 UTC-5 , I see a freefall incredibly likely especially given the likelihood that many stop losses will close not far below, and fear will set in causing panic sales. I dont use shorts, so i haven't categorised it as that... but I definitely see this as a potential take profit for long positions
BTC DEC2025/JAN2026 PEAK?I've deep dived into ETH, BTC, BTC DOMINANCE and TOTAL 3 (EXCLUDING BTC & ETH) to try and find this cycle peak. All of which follow a specific pattern and trend, and it all seems to be pointing to a December 2025 peak or a January 2026 peak, depending how you draw it.
I will post all 4
It's all a matter of perspectiveSo many people have tried to short this bull run its appalling
use Alt + i
It helps to see things in a way that's beneficial. Psychologically it also helps.
Bitcoin (BTC): Price Moved From $105K to $90K / Possible Drop??On a daily timeframe, we are looking to see today's candle close at least below $99K, which would give us a possibility to form another candle with aggressive pressure from sellers, where then we will be looking to see the bigger move that we have been looking for.
What is interesting there is the candle that was formed on the 5th of December, where after touching the new ATH zone of $104,500 we had a quick dip to $90K, which showed the need for liquidity grab.
So we took it as a first sign of weakness and possible target zone to be reached for many buyers who been waiting for $100K.
Now it is time to see some proper corrections so all eyes on BTC!!!
Swallow Team
Bitcoin next rallyI think most crypto market participants are too underexposed to BTC
This next rally will generate a lot of FOMO from shitcoiners, which will create cheaper shitcoin prices or, at the very least, alts maintain the same prices throughout a couple of weeks,
So avoid alts and remain fully in bitcoin.
Btc search Blllinger band down to 92000$Bitcoin is currently experiencing a pullback after being rejected near the $102,000 resistance level. The price is now trading around $98,387, showing signs of bearish pressure. Indicators like the RSI suggest overbought conditions, and the MACD shows a potential loss of bullish momentum. If the price breaks below the support zone around $95,000-$96,000, a further drop toward $92,000 could be expected. For now, the trend leans downward in the short term unless strong buying volume returns.
Bitcoin: the $100K reached, what`s next?The long awaited $100K target came finally during the previous week. This is another significant milestone for BTC and the crypto market. Although BTC was struggling during the first half of the week to push the price toward the higher grounds, still, news regarding a new SEC leadership pushed the price above the $100K target for the first time in the history of BTC. News was released that Paul Atkins would lead the SEC under the Trump administration. As Atkins is a proponent of digital assets and the industry around it, the market reaction was positive.
The RSI slowed down a bit, but it is still moving within the overbought territory, which is quite “normal” under current circumstances in which BTC is traded. The MA 50 continues to strongly diverge from MA200, without any indication that some change in trend might come anytime soon.
The $100K target is reached, so the current question is, what is next for BTC?. It should not be any surprise if BTC decides to slow down a bit in the coming period. This assumption is not based on technical analysis, because BTC is currently moving in an uncharted territory, but on a simple demand-supply economics. As the end of year approaches, and holidays around it, it could be expected that the markets will slow down during the last two weeks of the year. Positive news in a post-election period drawed a significant portion of funds into BTC, and there is a lower probability that investors will make any kind of positioning during the last two weeks of December. In this sense, the expectation is that BTC might slow down, but any kind of significant drop in value should not be expected.
Give market more timeMorning folks,
Just we've stopped talking about downside reaction on 102K target - it immediately has happened. As we're going slowly to Xmas time, managers and investors start thinking about holidays and payouts. So, activity on the market will slow.
Second is BTC is overbought on monthly chart and completed major target. Such a combination tells that it should be either down or sideways action in nearest time. Since monthly is very big time frame, reaction might be extended in time. So, we just need to do market time to express this reaction. It now stands in release stage.
So, the first thing - we should not hurry up with a new position, no matter in what direction. Do you see something interesting here, on 4H chart? That's it and I see nothing.
Second is - we should wait for clear patterns without any worry that we will miss the chance. Patterns should be extended and well recognisable, such as H&S on daily for example:
Or something of this kind. So, be patient.
BTC to 37k in my personal biasBtc seems to be keen on retesting the 37k support zone as shown in the above chart, should this setup playout i will be longing.
PULLBACK ZONE & FUTURE TARGET BY END 2026BTC is expected for a pullback below 90K USD, which is represented by my grey BUY ZONE AREA.
And they gain buyers momentum to have another until my target zone above 113K USD
This isn't a short term analysis, most likely expected to happen by the end of 2026
#btc #btcusd #elliottwave long buy setup wave 3 9Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
