update on btc this pattern is still in play,be prepared for a correction only if this pattern plays out. this will happen by tomorrow if it truly is an abc correction.
BULLUSD trade ideas
btc updatei am expecting a c wave down in the next few days look for a good entry if this plays out but looking good.
When Bitcoin Decides Gravity is Just a Suggestion!1. Chart Context
The chart shows a technical analysis of Bitcoin using dynamic levels (possibly based on moving averages or adaptive bands).
Key elements include:
Signals for long (buy) and short (sell) entries.
Differentiated zones or key levels marked with colors (possibly Fibonacci levels or volatility bands).
2. Price Action Analysis
Observed Signals:
A Short (-1) near the upper resistance level.
A Long (+2) around a support zone.
Exit signals marked as "Close entry(s)" suggest trend reversals or profit-taking.
Recent Trend:
The price has made a significant bullish move (uptrend) toward the right side of the chart.
Large green candles indicate strong buying momentum, likely driven by a fundamental or technical catalyst.
Key Zones:
The upper bands (blue lines) act as dynamic resistance.
The lower bands (purple and red lines) serve as support levels during bearish movements.
3. Strategy Interpretation
The strategy seems to focus on capturing trend breakouts and reversing positions based on:
Short Entries: When the price reaches the upper resistance zone.
Long Entries: When the price touches lower support levels or breaks through previous resistance levels.
Position Exits: Triggered when the price crosses internal levels (possibly Fibonacci levels or similar).
4. Current Perspective
Based on the large bullish candle on the right:
Uptrend: The price has broken a key resistance level, suggesting potential for further upside, provided there is strong volume and follow-through.
Next Resistance: If the price continues higher, it could encounter resistance near the next upper band (blue line).
Downside Risk: If the price retraces back to the lower band, it may signal a correction.
Conclusion
The chart indicates Bitcoin is in a bullish phase, but it may face resistance at upper levels. The strategy signals should be validated with volume and broader market context to ensure accurate entries and exits.
$BTC - Halving driven, or QE driven? I have been spending a lot of time looking at the impacts of QE with bitcoin lately, and today I decided to layer in the halving as well. I'm more bullish now than I was prior!
I think we are looking at a rally that looks much more like 2017 than 2021. Who knows, could be hopium-- WDYT?
Bitcoin's Critical Juncture: A $100K Test or a Bearish Turn?
Bitcoin, the world's largest cryptocurrency, has recently reached a critical juncture. Its price action has formed a key support level that bulls must defend to maintain the upward momentum and potentially pave the way for a new $100,000 price push.
A Pivotal Support Level
After a period of consolidation and recent price volatility, Bitcoin has found support at a significant level. This level acts as a crucial line in the sand for the cryptocurrency. If bulls can successfully defend this support, it could signal renewed bullish sentiment and potentially trigger a fresh rally towards the coveted $100,000 price target.
Bullish Resilience
Despite facing headwinds from broader market volatility and regulatory uncertainty, Bitcoin bulls have shown remarkable resilience. The recent bounce from the key support level underscores this bullish sentiment. It demonstrates the underlying strength of the market and the unwavering belief of many investors in Bitcoin's long-term potential.
A Glimpse into the Future: A Golden Warning
However, a closer look at Bitcoin's performance relative to gold raises some concerns. By analyzing historical price patterns, a potential bearish fractal has emerged. This fractal, when compared to previous market cycles, suggests that Bitcoin may be due for a significant correction, potentially as much as 35%.
This bearish signal stems from the fact that Bitcoin's price against gold has reached resistance levels that historically coincided with the start of bear markets in 2018-2019 and 2021-2022. While this fractal analysis provides a valuable perspective, it's essential to remember that market conditions can change rapidly, and past performance is not indicative of future results.
The Road Ahead
The coming weeks and months will be pivotal for Bitcoin's price trajectory. If bulls can successfully defend the key support level and maintain the upward momentum, a new $100,000 price push could be on the horizon. However, if the bearish fractal plays out, a significant correction may be inevitable.
It's crucial to approach Bitcoin investing with a long-term perspective and a risk management strategy. The cryptocurrency market is inherently volatile, and price fluctuations are to be expected. By staying informed, conducting thorough research, and diversifying investments, investors can navigate the complexities of the market and position themselves for potential rewards.
Key Takeaways:
• Bitcoin has reached a critical support level that bulls must defend.
• A successful defense could trigger a new $100,000 price push.
• A bearish fractal suggests a potential 35% correction.
• The cryptocurrency market is highly volatile, and price predictions are uncertain.
Additional Considerations:
• Macroeconomic Factors: Global economic conditions, interest rate policies, and geopolitical events can significantly impact Bitcoin's price.
• Regulatory Environment: Regulatory positive and negative developments can influence investor sentiment and market dynamics.
• Technological Advancements: Ongoing technological advancements in the blockchain space can drive innovation and adoption, positively impacting Bitcoin's long-term prospects.
By carefully considering these factors and maintaining a balanced approach, investors can navigate the complexities of the cryptocurrency market and position themselves for potential rewards.
BTC flip $101k resistance into support with MSTR smash buysMSTR will keep BTC buoyed above $90k until smash buying BTC with the recent inclusion into NASDAQ 100. This will flip $101k into support.
No alt season for many months still.
Effect Of FOMO and Fear Of LossAfter a shoot more than 100k (up to 104k price), selling pressure became higher. But because of too much sentiment related to FOMO, the price will keep pushing higher. Almost all cryto coins are having FOMO sentiment. I am expecting to trade in ranging zone of higher timeframe (D1, W1). Here is what I think will have buying pressure and selling pressure.
BITCOIN uptrend updateThis chart is a technical analysis of the BTC/USD pair (Bitcoin against the US Dollar) on a 15-minute timeframe.
**Key Observations:**
1. **Rising Channel:**
- The price is currently moving within an upward channel marked by two parallel blue lines. This indicates a short-term bullish trend.
2. **Resistance Zones:**
- **Red Zone (~98,033 - 98,977):** A previously tested supply zone where sellers were active. The price has broken above this level, suggesting bullish momentum.
- **Green Zone (~100,338 - 101,216):** The next potential resistance area. This is likely a higher timeframe resistance zone where selling pressure may emerge.
3. **Support Zones:**
- **Yellow Zone (~94,229):** A significant demand zone at the bottom of the chart, indicating strong buying interest in this area.
- **Horizontal Blue Lines (~98,033 and 95,920):** Possible support levels based on historical price action.
4. **Price Action:**
- The price has recently broken out of the red supply zone, retested it as support, and continued upward, confirming a breakout.
5. **Projection (Arrow Path):**
- The black arrow suggests a potential retracement back into the channel's mid-level or the red zone (~98,977), followed by another move upwards towards the green resistance zone (~101,216).
---
**Interpretation and Strategy:**
**Bullish Scenario:**
- If the price remains above the red zone (98,033 - 98,977), it may continue climbing toward the green zone (100,338 - 101,216). A break above this green resistance zone could lead to further gains, targeting new highs.
**Bearish Scenario:**
- If the price fails to hold above the red zone (98,033 - 98,977), it could fall back toward the lower support levels at 95,920 or even the yellow demand zone (~94,229).
**Trading Strategy:**
1. **Long Position:**
- Look for a retest of the red zone (~98,977) as support before entering long, with targets around 100,338 or 101,216.
- Stop loss: Below the red zone (~98,033).
2. **Short Position:**
- Consider shorting near the green zone (~101,216) if there's a rejection, with a target back to 98,977 or lower.
- Stop loss: Above 101,216.
I love ML I hope this comes true..Imagine that 360k in 3-6 months!! Yes please!
This is CRYPTOCAP:BTC and it will continue to go up the Fear is setting in and people are selling this is just a test area before a huge lift off again maybe NOW! Look at market up 3% or 4% now the market is pumping today! Hard!
POSSIBLE PBT ON BITCOIN !!!Theirs a Possibility that BTC Will come-back down to a 4HR Traditional-PBT. Be cautious since market can range widely, Ill keep an eye on this level for sure.
BTC next target 106K“Success in trading doesn’t come from predicting the market, but from controlling your own emotions and sticking to your plan. Patience, discipline, and consistency turn the impossible into the achievable.”
This emphasizes the importance of mindset and strategy in long-term success in trading.
Disclaimer: I am not a financial advisor. Please trade at your own risk and do your own research before making any investment decisions.
On the 4-hour timeframe, Bitcoin's On the 4-hour timeframe, Bitcoin's (BTC) current price of around $98,600 aligns with a potential short-selling setup targeting $92,000. Here's a breakdown:
1. Resistance: BTC faces selling pressure near $99,000-$100,000, a strong resistance zone established during its recent consolidation phase.
2. Momentum Indicators: Many technical signals indicate overbought conditions, suggesting a potential retracement.
3. Support: $92,000 represents a key support level, coinciding with previous buying interest and technical levels, making it a logical downside target.
This trade would align with a risk-off strategy in the current environment, provided the trend sustains its bearish bias. Ensure stop-loss levels are set just above the resistance zone (e.g., $100,200) to mitigate risk. BITSTAMP:BTCUSD
BITCOIN uptrendThis chart illustrates the BTC/USD price movement on a 30-minute timeframe. The analysis features several technical levels, patterns, and potential price projections. Here’s a detailed breakdown:
### **Key Features of the Chart:**
1. **Trendline Analysis:**
- A descending trendline is marked, connecting multiple lower highs (blue circles), indicating a bearish trend that has been broken recently.
- The price breaking above the trendline signals potential bullish momentum.
2. **Key Resistance Zones (Green):**
- **Resistance near $100,300 to $101,200:** This zone is highlighted as a significant resistance area, where previous price rejections occurred (yellow and blue circles).
- The price is approaching this resistance zone, which will test the strength of the current bullish momentum.
3. **Key Support Zones (Red and Yellow):**
- **Support near $98,000:** This is a critical support area, acting as the base for the recent upward move.
- **Support near $94,200 to $93,000:** This lower zone represents a potential fallback area if the price reverses from resistance.
4. **Projection (Black Arrow):**
- The chart anticipates a breakout above $98,900 with a potential move towards $101,200 if buying pressure sustains.
5. **Highlighted Levels:**
- **Critical Support at $95,920:** A blue horizontal line marks this level as a significant area to watch for any downside moves.
- **Key Resistance at $101,987:** This is the ultimate target zone for bullish continuation.
### **Technical Observations:**
- **Breakout Signal:** The price breaking the descending trendline is a bullish signal. Confirmation will depend on a close above the $98,900 zone.
- **Volume Spikes:** Areas of price rejection (blue circles) suggest high market activity, implying these zones are critical for future price action.
- **Bullish Continuation Scenario:**
- A sustained move above the $98,900 level will likely propel the price toward the $100,300-$101,200 resistance zone.
- Further confirmation would require breaking above $101,987.
- **Bearish Reversal Scenario:**
- If the price fails to maintain momentum and falls back below $98,000, the next support levels to watch are $95,920 and $94,200.
### **Trading Strategy Suggestions:**
- **For Bulls:**
- Enter long positions upon confirmation of a breakout above $98,900.
- Set profit targets at $100,300 and $101,200.
- Place stop-loss below $98,000 to manage risk.
- **For Bears:**
- Watch for rejection near the $100,300-$101,200 zone to consider short positions.
- Target support at $98,000 or lower.
- Stop-loss above $101,987.
This analysis suggests a critical decision point for BTC/USD, with the potential for a bullish breakout if resistance levels are cleared.
Daily Analysis of Bitcoin – Issue 227A analyst predicts that the price of Bitcoin will decrease in the next 24 hours. This forecast is based on a quantitative analysis of recent price trends.
Bitcoin Testing ResistanceI think our buying opportunity is coming to a close as bitcoin tests the red diagonal resistance.
If we brack out I'll be looking for this to be confirmed as support. this may trigger the next leg up.
BTC/USD 4H Timeframe AnalysisBTC/USD 4H Timeframe Analysis
Trend: The price is in an uptrend but recently broke the minor key support at 99.000, touching the next minor key support at 93.000. Buyers briefly pushed the price above the minor key resistance at 97.000, creating strong buying pressure. However, the price has started to make lower lows and broke the previous key resistance, which is now acting as key support.
Price Action Expectation: During the accumulation period, a bearish engulfing candle formed between the two minor key levels, signaling a potential short-term price reversal. Our objective is to wait for the price to return to the previous resistance, where we anticipate liquidity manipulation. Once the price moves downward and breaks our key support, we will enter the trade.
Trade Setup: Sell Stop
Entry: 96,593.20
Stop Loss: 92,314.80 (above the liquidity zone)
Take Profit: 98,537.10 (next key minor support level)
Risk: 1%
Fundamental Outlook:
BlackRock's Bitcoin ETF: The sharp drop in BlackRock’s Bitcoin ETF, marking its largest decline in four months, has increased bearish sentiment around Bitcoin. This is adding downward pressure on Bitcoin's price as investors react to reduced confidence in institutional products linked to Bitcoin.
Quantum Computing FUD: Concerns about quantum computing's potential impact on Bitcoin's cryptographic security are heightening market fear, contributing to increased volatility and bearish pressure in the market.
The bearish engulfing candle combined with the fundamental news of BlackRock's Bitcoin ETF drop and quantum computing FUD suggests that the price may continue its decline, presenting an opportunity to enter the market on the downside.
Bitcoin Forecast : Find the exact date to buyBitcoin is entering a slow dead pan zone for the next two months .
If you are on spot positions ,
- DCA
-HODL
If you are on leverage ,
- Reduce and dont take any new positions of BUY .
- You can consider small SHORT positions , SELL @96,000 and buy back@ 85,000- 89,000.
But I would rather avoid SHORTS as liquidation chances are high
Predicted date of growth
17th Feb 2025 for the new cycle .
Buy around Second week of February
Hey Lovely People am Back, This is My chart For you.Hey Lovely People am Back, This is My chart For you.
Will Bitcoin maintain support above $89K–$92K? Eyes on $104K
Bitcoin (BTCUSD) is approaching a critical zone between 89,000 and 92,000. If it maintains support in this range, there is potential for a bounce toward the recent high of around 104,000 and possibly up to 120,000. As long as Bitcoin stays above the key support levels of 89,000/92,000, the upward momentum is expected to remain strong.
BTC Bullish perfect entry zone Now BTC volume is in sell but according to our rule BTC market touching 92000 then boom in buy.
Target 1st hit now onto target 2. Hold and keep trailing.We hit our first target 1300 points in 20 minutes.
$BTC Bullflag (Accumulation)CRYPTOCAP:BTC Bullflag showing a bullish pattern in the making, Bitcoin with a much needed break and slowly accumulating for the break out of the bullflag and a blast right thru $100, 103 and on to $120 + My green arrow shows my projected path unless invalidated.
Please be careful on using leverage, we are in a liquidity grab zone and the whales WILL take your money, preserve your capital, practice proper risk management and you will make money, remember you dont need much leverage during a bullmarket.
Good luck guys 🙂
Target = In Accumulation trading in range. Short term target $100k
