The prophecy - Wyckoff Distribution patternPossible Wyckoff distribution pattern that would take us down much deeper. Could also be a bear trap, but its sure looking pretty close!
USDTBTC trade ideas
Bitcoin at $93K: The $6.5B Auction That Could Shake the market1/
🚨 Breaking News: The U.S. DOJ is set to auction $6.5B in Bitcoin, raising questions about market impact. With Bitcoin at $93K and institutional adoption at its peak, is this a turning point? Let’s break it down. 🧵
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💪 Strengths of Bitcoin:
🌍 Decentralized Power: No single entity controls Bitcoin.
💎 Scarcity: Only 21M BTC will ever exist—a store of value like no other.
🔒 Network Security: A high hash rate makes Bitcoin one of the most secure blockchains.
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📉 Weaknesses:
🕒 Scalability: High transaction volumes lead to slower confirmations.
🌱 Environmental Concerns: Mining’s energy use sparks global debates.
🤔 Complexity: Managing wallets and private keys remains a challenge for beginners.
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🌟 Opportunities:
🏦 Institutional Adoption: Major players like BlackRock are entering the space.
🌐 Global Remittances: Bitcoin shines in regions where traditional banking fails.
🪙 Halving Impact: The 2024 halving could reduce supply, pushing prices higher.
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⚠️ Threats:
📜 Regulatory Risks: Government actions, like this auction, could create turbulence.
📉 Volatility: Wild price swings still deter traditional investors.
🛠️ Tech Challenges: Rapid innovation might challenge Bitcoin’s dominance.
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💵 Valuation at $92,728:
Is Bitcoin overpriced? Some argue its scarcity and adoption justify the value. Others see a speculative bubble.
What do you think—store of value or hype-driven rally? 🤔
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📉 The $6.5B Auction Impact:
The DOJ’s planned sale caused a 2.78% BTC dip. Historically, such auctions show limited long-term impact. From March 2023 to today, Bitcoin surged 375% despite similar events. 💥
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🤔 Political Timing?
Is this auction politically motivated? Some speculate it’s a preemptive move ahead of a Trump presidency. Critics argue it’s fiscally irresponsible to sell low now, only to potentially buy back higher later. 🏛️
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🛠️ Market Response:
Structured auctions avoid market floods. Past events show resilience, with analysts like Ki Young Ju saying, "The $6.5B sale could be absorbed in a week. Don’t panic." The question is: Will history repeat?
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💬 Your Take on the Auction:
How will the $6.5B Bitcoin auction impact the market?
Will it spark short-term volatility or will the market absorb the volume effortlessly? Share your thoughts in the comments below! 📩
Bitcoin $BTCBitcoin has been propped up for today 1.23.2025 in hopes of the POTUS Donald Trump to sign an Executive Order surrounding cryptocurrency.
If we do not get an EO signed today, we will push towards resting Liquidity around $100,000.
On the other hand, if we do get a crypto EO. We will blow the cap off, and create another all time high.
Be ready for a volatile market.
BTC USDT BinanceBTC/USDT Analysis (1H Timeframe)
Trend: BTC recently broke out of a downward-sloping channel (orange trendline), signaling potential short-term bullish momentum. The price is now trading within an upward parallel channel (teal dashed lines).
Indicators:
SMA 200 (red line): BTC is trading above the SMA 200, indicating a potential shift to a bullish trend.
Bollinger Bands: The price is near the upper Bollinger Band, suggesting short-term overbought conditions.
RSI (56.22): Neutral, with room for further upside.
MFI (80.42): Overbought, indicating caution for potential pullbacks.
Support and Resistance:
Major Support: $101,309 and $99,830.
Major Resistance: $106,039 and $110,060.
Volume: A recent volume spike confirms strong buying momentum during the breakout.
Idea:
If BTC sustains above $104,500, it could target $106,000 and $110,000, aligning with the upward channel. However, caution is advised near resistance levels, especially with overbought conditions on MFI and Bollinger Bands. A breakdown below $101,309 could retest $99,830 or lower.
!!! BITCOIN !!! - Bearish Diamond PatternHi,
Trump's first week is coming to an end and it looks like BTC gas is coming to an end
This is just an idea!
Be careful!
BTC is a bit bearish in temporarily Liquidity has sweeped from recent all time high in daily time frame secondly
Rsi shows sell momentum price forming double top more over liquidity is waiting from buy side which i mark in the zone at least market has to take it.
BTC confluence bounce @ 104,500BTC confluence bounce @ 104,500. We have the daily pivot, daily leve, and weekly level confluence at the 104,500 area. Could get a bounce here to 107K. This is my scalp trade for the day.
BTCUSDT Strong Push back up to retest resistanceHi Traders what do think about BTCUSDT given suggestion in comments.
BTC/USDT Price expecting a pullback after the price reaches 105K If you’re looking for a buying opportunity, you could consider waiting for a rejection near 102K as a potential entry point, provided the price shows signs of reversal around that level.
A few things to watch for on the 1H timeframe:
1. Price action around 102K: Look for the support at this level that suggests a reversal, like a hammer or bullish engulfing).
2.Resistance Zone if the price will up from 102K, that could indicate a strong push back up to retest resistance at 110K.
If the price breaks above 110K, you could look for higher targets, but a rejection at that level might lead to another pullback. Keep an eye on the price action as it approaches both 102K and 110K for clearer signals.
if you like this analysis please support my work and fallow thanks for Love.
Volume enough to follow going up? or just an spike?I believe in another ATH near 110K, but with this volume I reallu doubt! I guess it was get to get liquidity...
Bitcoin counter trend shortMight be late, might not if you just seeing this.
Just hopped in it.
Tp $102600 on bybit
120K IS INCOMING !!!Looking at the chart, we can see that the price finished its correction by completing wave 2. It seems that the third wave has started and I think the end of the third wave will end with the price touching the ceiling of the channel. good luck
Diamond Pattern Upside DownDiamond Pattern Upside Down signifying the bottom area of the local region, Unless Invalidated by striking through the center of the Diamond, and then re-tested at center of diamond fails as well would mean a nice short setup, but for now its Green and Up unless the above.
Distribution on BTC?Even though I don't like it, I can't ignore that the current range in BTC looks like a distribution that, if it plays out, has a price target of $89,000 (with demand below it).
Bitcoin targets for correctionBitcoin after 222 days range hit 27 zone. Now I would like to see correction BINANCE:BTCUSDT.P
Possible Targets and explanation idea
➡️Over 200 days in a range! We move impulse sideways Impulse.
➡️Its a daily timeframe only local zones. Main zones 48-52K by end of year or April May 2024 still relevant
➡️Now we are in a market stage when Bears and Bulls will loose the money
➡️Consensus about "we can't move higher" will be soon from both camp
➡️in a range we got deviation at the top of range and deviation at the bottom
➡️Impulse up, sideways and last impulse to 27 zone work almost in 99% cases like a clock)
➡️Healthy correction will be to 0.23 zone and good correction block for futures marked with SL.
➡️On MP indicator you could see how whales fix main % of position on D tf, then RSI div on daily and continuation of fixations.
➡️ Waiting on D blue zone of money inflow. I think its can took just a week or so before continuation of main trend
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Bitcoin - Sell in May and go away BINANCE:BTCUSDT
This is pretty simple but logic movement. All market drive by algorithm and plan
Impulse from top 69 to 42 and next Fib Trend Extension
At 0.618 level we came almost to 25314
Locally we should came and find a rejection at covid dump up-trend line.
Its hard to say about timing but if we take a look on macro in a world most likely we can see this uptrend move till end of April and
"sell in may and go away" cliche. Recession have an always lag around 2-4 months. We probably already in recession, but affect we will see later. Also DXY this time will be around 108-110
After September/October macro situation will start stabilise and we will see test 20-19K again like strong support zone.
Than few month in flat around 19-24K range again so more and more people build consensus about 10-12K for SURE.
And start climbing up slowly but surely.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Meta and Bitcoin BINANCE:BTCUSDT
If we compare just yearly timeframes Meta and Btc
Meta drop and absorb previews 6 years move. 77% from top.
Btc 77% from top.
When everyone called Meta is dead now its 59% move.
59% on BTC its around 26300$.
Yearly Timeframe.
I’m not waiting BTC over 36K this year. All global analysis for BTC 2023 posted.
Crypto correlate with Stocks almost in every single move but with lag of time.
Bitcoin confirmed lower lowBINANCE:BTCUSDT
If we are looking on a chart without noice we clearly dropped and formed lower low. But on Weekly timeframe RSI climbing up, so its a huge divergence. And the more higher timeframe the more power for reversal move.
All market waiting 21 September and data of RATE. So usually all upcoming news and event included in price a weeks before!
And sentiment on a market - everyone waiting 15 or 10K. Literally the same like everyone waited 100K in November
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
Bitcoin and green November? BINANCE:BTCUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Bitcoin made retested downtrend line on D1. According to my "Take profit" indicator we bounced at real value price in June. Usually when we touch this line we going to test take profit line on D1 timeframe. Marked this zone on a chart. Also my indicator "Direction" showed signal to buy, so now im waiting Bitcoin around 25-29K in this range and signals to take profit on this both indicators and others.
Possible Targets
➡️After retest trend line and fundamental value line - 25000 - 29000
➡️When we touch take profit line in this ill looking to open local short
➡️Watching on FOMC rate at the beginning November and continuation local uptrend.
In December Ill expect test 20K again
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
BTC Intraday Market Analysis (Thesis Prediction)1. Current Market Position:
Price: $101,645.39, down -1.9% in the last few hours.
Support: $101,000 | Resistance: $103,000.
Trend: Short-term bearish; BTC has failed to sustain key support levels but shows signs of possible stabilization on hourly charts.
2. Technical Indicators:
RSI: 30.04, oversold territory, suggesting a possible short-term bounce or consolidation.
MACD: Bearish signal with MACD line at -46.82 below the signal line at -193.45. The narrowing histogram (-146.63) hints at diminishing bearish momentum.
VWMA: Current price below VWMA at $102,847.77, signaling strong bearish sentiment. A move above this could suggest a reversal.
3. On-Chain Insights:
Exchange Balances: No significant inflows or outflows (1.81M BTC held on exchanges), indicating stable liquidity.
Open Interest:
Longs: Down -27.39% to $3.78B.
Shorts: Up +47.47% to $6.26B, reinforcing bearish bias.
Funding Rates: Low (Binance: 0.0100%), reflecting minimal cost for holding short positions and bearish sentiment.
4. Financial and Sentiment Analysis:
Trading Volume: Down -29.68% to $81.58B, signaling reduced activity or market consolidation.
Fear & Greed Index: Dropped -10.71% to 75 (closer to neutral), indicating waning speculative enthusiasm.
Market News: Reports on declining altcoins and BTC slipping below $102K from Cointelegraph could contribute to bearish sentiment.
5. Scenarios:
Bearish Scenario (Confidence: 60%)
Conditions: Persistent bearish sentiment, outflows from exchanges, and low funding rates suggest further selling pressure.
Outcome: BTC could test $100,000 or lower, driven by technical and sentiment-based momentum.
Bullish Scenario (Confidence: 25%)
Conditions: Recovery if RSI moves out of oversold territory or positive sentiment emerges from news or trader behavior (e.g., increased long positions).
Outcome: BTC might bounce to $102,000 or $103,000, especially if it breaks above the VWMA, signaling a potential trend reversal.
Sideways Scenario (Confidence: 15%)
Conditions: Mixed market sentiment with consolidation around current levels, lacking strong catalysts.
Outcome: BTC likely trades in a narrow range between $101,000–$102,000, awaiting clearer direction.
6. Trading Strategies:
Contrarian Play: With RSI in oversold, cautious long entries near $101,000 could target $102,000 or higher, but require tight risk management.
Bearish Continuation: Align with the current trend by shorting on failed recoveries, targeting $100,000 with stop-losses above $103,000.
7. Conclusion:
BTC’s short-term outlook remains bearish, but oversold indicators suggest potential for a bounce or consolidation. Traders should monitor VWMA, funding rates, and news updates to gauge momentum shifts. With market volatility elevated, maintaining strict risk controls and staying updated on sentiment is crucial for navigating the current conditions.
Bitcoin Range Structure; Ready for Breakout and a Move to $122K💹 Bitcoin has been ranging between $90,000 and $108,000 for the past two months. Initially, it completed a five-wave pattern forming a wedge and reached the top of the range.
🔄 After that, a three-wave correction occurred to the $90,000 level, where buyers supported the price. Now, a new move is starting toward the top of the range.
🚀 This new move appears to be an impulsive wave aiming to break through the $108,000 level.
⚡ Before this breakout, the price has entered a correction phase, which is likely forming a Kazimodo pattern.
🎯 If the $108,000 level is broken, the first target will be $122,000. With this breakout, higher targets will be within reach, and the bullish trend can continue.
✅ Stay alert for price reactions at the support level and be ready for new signals to enter the market.
Episode 25 <<Quantitative Easing>>"3-Minute Mini Class"
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