BTC up to 76,100 in the next 8-10 hours It's time for a new technical reverse. After a break in 4h timeframe(3 candlesticks) now we go for a short long postion (about 2%)
USDTBTC trade ideas
BTC new ATH what's next?BTC reaches new ATH, but the level around $76,600 is a key place in the four-year cycles lasting for BTC, because from its low in each cycle, it grows less by 5.3 times than in the previous cycle. However, the situation may change with the introduction of ETFs to the market, which changed price movements. If we manage to break out of the $76,600 level, we can see a move towards $83,800, and then the important level is at $89,000. When the price starts to recover, the first important thing for us is the support zone from $73,700 to $70,000, when this zone is broken, the price can quickly return to the level of $66,000, and then the important support is at the price of $59,300. We have also identified a visible upward trend line on which we can currently base critical points in the event of a correction.
Ultra Bullish On Crypto - Especially BTCOver the last ewek we've seen signals jive in such a way that leans towards the most almighty bullish sentiment. Not only have ween seen an all time high on BTC, we've seen the upper trend line breached that we've been waiting for so long for. Equally, the cup and handle looks very much in play with a target in high excess of $250k. At this time, I'm super bullish on BTC and will be buying up all the dips from here on in until we get the terminal end of wave 5 of 5, which is months away. So, enjoy the up and down, know that up is the direction we're going in and goggle up all the dips like a raging Miss Pacman!
BITCOIN - Price Action Update... Looking For An Entry Point...In this video, I analyze Bitcoin’s price pattern since 2022 and aim to develop a perspective that could help us trade it higher.
Using a process of elimination, I identify what appears to be the precise wave count, allowing me to project a potential target for the current movement.
This approach is beneficial because markets rarely move in a straight line; if there’s an opportunity for two significant trades, being aware of that possibility can help us avoid premature moves.
If I observe the smaller wave structures aligning with this analysis, I’ll share a long trade idea, complete with a 15-minute chart and a follow-up video explaining my thought process through the AriasWave methodology.
As a reminder, while AriasWave differs from Elliott Wave, it still incorporates the concept of alternation from Elliott Wave theory.
Bitcoin and altcoin overview (November 07-08)Yesterday, Bitcoin retested the $75,000 level we mentioned earlier, but only encountered pushing volume rather than a halt, after which it reached a new ATH again.
On one hand, it’s good that the $75,000 level responds in favor of buyers, with anomalies appearing there for the fourth time, making it a crucial point at the moment. On the other hand, the new ATH update was quite weak, and delta shows buyer exhaustion.
Currently, a rotation within the formed volume zone of $73,500–$75,000 can be expected, as a full consolidation and positioning have not yet been established. A retest of the local high would fully confirm buyers' intentions and make this zone a strong support level.
Buy zones: $71,400–$70,800 (mirror volume zone), $63,100–$62,500 (mirror volume zone), $60,000–$59,000 (buyer activity).
Interesting altcoins.
For AVAX, we have broken the wave structure and consolidated above an important volume zone. Currently, the $26.5–$25.8 levels act as a mirror volume zone. If tested and there is a reaction, we will open a long position.
BTCUSDT - going to 113866.19$My analysis is based on numerology, all the numbers you see on the chart are from the same place. There is a certain numerological symbolism, which tells me that the price has already put the bottom 49(13) and will make a reversal from the zone 52260+- and then will fly strongly upwards with the target first 89k bucks, and after 113k. It's time to look for a good entry point.
PLAN BTC UPDATE NOVEMBER 7Plan BTC Update November 7
Day frame d created BOS confirming the uptrend continuation
The next target levels can appoarch 77k 84k.
The strategy should be to watch long to follow the trend,so waiting to take IDM liquidity inducement will be safer
Good luck trading
BTCUSDT.P Testing the top as supportWe are now in unknown highs—76,433 USDT for 1 Bitcoin. It feels great! Hopefully, we maintain altitude above this support. Enjoy the flight, but keep those parachutes close.
BTC Bull Pennant Following Trump's victory BTC price rally was triggered with successful bull flag break out move underway.
Bull pennant formed on 30 min chart . Should extend till 80K area.
BTC to ~$82,500 and a decision for ChristmasWe have taken the prior ascending support line we had lost before with a strong showing on the US election results. It hasnt confirmed the old support line as support again so until we see that, it could still pull back. Assuming it regains its prior ascension line, It looks like somewhere around Christmas time BTC will have to decide between bouncing off of the very long term substantiated resistance for a potential prolonged pullback or we could break free in a fireball going to the moon. That line will be very important in differentiating which one it is.
Global orderbooks also look healthy right now, growing all around and we see asks at 10% or higher have skyrocketed, that is bullish as it means most investors expect the prices to rise so they have set their limit orders to sell at a much higher price.
It seems like it would be a good idea to get out of day trade holdings by the time BTC hits that $82k/$82.5k point and then if it breaks out get back in. There is the consideration of realized gains but that is expected with any trade. If we break that $82,500 it could be a parabolic run for crypto. Statistically speaking, it is probably more likely to pull back at this point so it makes a good area for profit taking.
As always be vigilant and DYOR.
-s
Bitcoin price needs true correctionA bearish divergence has been formed in #bitcoin #btc price in lower time frame. Not financial advice.
POSSIBLE BITCOIN MOVE FOR THE NEXT 3-4 MONTHS?Pump Phase: During this phase, the perpetrators begin buying large quantities of the targeted cryptocurrency, driving up its price. As the price rises, unsuspecting investors who see the sudden increase in value may also start buying into the cryptocurrency, further fueling the pump.
Update Daily Graphone more wave to the bull run, we going up to 100k for sure(3 months). Daily I put a target on 80k after develop of wave C on Elliot's correction
BTC CUP & HANDLE> WKI see a beautiful Cup and handle pattern on the weekly chart with a Bullish flag inside the handle of the cup. This looks Extremely Bullish to me here. I set a tp around 120k with low leverage. This will be a long Term Play. Lets watch
Maybe?Why Bitcoin Could Reach $170,000 in 2025
As we look ahead to the next 12 months, there are several key factors that suggest Bitcoin could experience significant price appreciation, potentially reaching $170,000 by the end of 2025:
Halving Event in April 2024: Bitcoin's halving cycle, occurring approximately every 4 years, typically results in a reduction in the rate at which new BTC is mined, thus decreasing supply. Historically, halvings have been followed by significant price increases due to this reduced supply and growing demand.
Institutional Adoption: Institutional investors continue to show growing interest in Bitcoin as a hedge against inflation and a store of value. With more traditional financial institutions offering Bitcoin exposure, and major companies like Tesla, MicroStrategy, and even nation-states such as El Salvador embracing Bitcoin, we can expect more capital inflow into the space.
Global Economic Uncertainty: With rising inflation, geopolitical tensions, and economic instability, Bitcoin is increasingly viewed as "digital gold." Investors are looking to diversify into assets that are decentralized and outside the control of central banks. This growing demand, paired with Bitcoin's fixed supply, could push prices higher.
Increased Regulatory Clarity: As governments around the world move toward clearer regulations for digital assets, Bitcoin could become more mainstream. Regulatory clarity would reduce uncertainty and attract more institutional and retail investors into the space, further boosting its price.
Technological Developments: Bitcoin's ongoing development, particularly with improvements in scalability (e.g., Lightning Network), security, and its growing integration into the global financial system, makes it more attractive as both a store of value and a medium of exchange.
Bullish Long-Term Sentiment: Historically, Bitcoin has seen major bull runs after periods of consolidation, especially when combined with strong network growth and increasing user adoption. As we move further into the adoption curve, more and more people are likely to recognize Bitcoin's potential.
Conclusion: While Bitcoin's price is volatile in the short term, the combination of reduced supply, growing institutional interest, macroeconomic uncertainty, and ongoing technological advancements make a price target of $170,000 increasingly realistic in 2025.
Maybe?Why Bitcoin Could Reach $170,000 in 2025
As we look ahead to the next 12 months, there are several key factors that suggest Bitcoin could experience significant price appreciation, potentially reaching $170,000 by the end of 2025:
Halving Event in April 2024: Bitcoin's halving cycle, occurring approximately every 4 years, typically results in a reduction in the rate at which new BTC is mined, thus decreasing supply. Historically, halvings have been followed by significant price increases due to this reduced supply and growing demand.
Institutional Adoption: Institutional investors continue to show growing interest in Bitcoin as a hedge against inflation and a store of value. With more traditional financial institutions offering Bitcoin exposure, and major companies like Tesla, MicroStrategy, and even nation-states such as El Salvador embracing Bitcoin, we can expect more capital inflow into the space.
Global Economic Uncertainty: With rising inflation, geopolitical tensions, and economic instability, Bitcoin is increasingly viewed as "digital gold." Investors are looking to diversify into assets that are decentralized and outside the control of central banks. This growing demand, paired with Bitcoin's fixed supply, could push prices higher.
Increased Regulatory Clarity: As governments around the world move toward clearer regulations for digital assets, Bitcoin could become more mainstream. Regulatory clarity would reduce uncertainty and attract more institutional and retail investors into the space, further boosting its price.
Technological Developments: Bitcoin's ongoing development, particularly with improvements in scalability (e.g., Lightning Network), security, and its growing integration into the global financial system, makes it more attractive as both a store of value and a medium of exchange.
Bullish Long-Term Sentiment: Historically, Bitcoin has seen major bull runs after periods of consolidation, especially when combined with strong network growth and increasing user adoption. As we move further into the adoption curve, more and more people are likely to recognize Bitcoin's potential.
Conclusion: While Bitcoin's price is volatile in the short term, the combination of reduced supply, growing institutional interest, macroeconomic uncertainty, and ongoing technological advancements make a price target of $170,000 increasingly realistic in 2025.
BTCUSDT New position updated It seems going to touch blue line again then going up till 86370
The stock market is highly volatile. Please be very careful with your investments.
BTC 72.4k resistance will break?Market potentially may create higher high but I don't see it 100k, it could be below if it has to happen.
Upside or downside is unsure as of now honestly but frankly, market is still overbought even in weekly TF>
I managed to long at around 66k but with very less confident, but somehow I was lucky for this long trade.
Bitcoin is volatile#bitcoin #btc is trying to break the falling channel just before the elections results. CRYPTOCAP:BTC price has tested 4H ichimoku span resistance zone and for now just declined there. Further declinations will weaken the structure. Very volatile few days we' ll see. Avoid high leverage positions and take care for your funds. Just a friendly reminder.
BTC Thesis RAG-AI. Scalping TodayCrypto Trading Intraday Report
Timestamp: 2024-11-05 17:29:35
Investment Thesis:
As a trader specializing in intraday scalping strategies for Bitcoin (BTC), the current market conditions present a favorable environment for maintaining and potentially increasing long positions. The recent news regarding legal actions involving North Korea's Lazarus Group and the US government's efforts to recover stolen cryptocurrency could create volatility, but the overall sentiment remains bullish. The price of BTCUSDT is currently at $69,890.6900, with a trading volume of 20,543.8700, indicating strong interest from buyers.
Financial Analysis:
Bullish Long-Short Ratio: Particularly in the 1-day and 15-minute intervals, suggesting that traders are leaning towards long positions.
Technical Indicators:
RSI values indicate room for upward movement.
MACD shows positive momentum.
The price is approaching key resistance levels, specifically Resistance_1 at $70,984.9600. If breached, it could lead to further gains towards Resistance_2 at $72,79.2200.
Volatility Analysis:
Average True Range (ATR): Moderate volatility.
Bollinger Bands: Market exhibiting moderate volatility.
Order Book Dynamics: Significant buy walls indicating strong support for upward price movements.
Price Action Signals: Bullish candlestick patterns suggest continued upward momentum.
Data Sources:
Coinglass Data: Real-time data indicates a healthy open interest and a positive funding rate, suggesting that traders are optimistic about BTC's price movement. Liquidation levels are currently stable.
Binance Data: TradingView data shows bullish sentiment in the order book dynamics, with a strong accumulation of buy orders. Volatility index remains moderate.
CoinMarketCap Data: Reports a significant increase in trading volume over the last 24 hours, with a liquidity score indicating strong market participation. Market cap remains robust.
Augmento Data: Sentiment analysis indicates a predominantly positive sentiment towards Bitcoin, with many traders expressing confidence in its upward trajectory.
CryptoCompare Data: Highlights ongoing discussions around regulatory frameworks, currently showing a bullish outlook among traders.
Trade Recommendation:
Outcome: HOLD_BUY
Stop Loss: $68,136.5300
Take Profit: $72,79.2200
Confidence Level: 85%
Exit Point: $70,984.9600
Entry Criteria:
Timeframe: 15m
RSI: Above 50
MACD: Bullish crossover
ATR: Moderate volatility
Bollinger Bands: Price near the upper band
Stochastic Oscillator: Above 70
OBV: Positive trend
News Impact: Ongoing legal actions could create volatility
Historical Data: Recent upward movement after a period of decline
Current Positions:
Open LONG Positions: 1
Open SHORT Positions: 0
BTC Possibly Going to Retest 46k-49k BTC still has momentum to continue bullish but the last few weeks seems it will going to retest 46k to 49k zone as this important levels from monthly candles structure.
BTC gaining momentum: A potential scalping opportunityBTC is gaining momentum, with a bullish divergence signaling potential upward movement. A green candle opening and closing above the 68,109 level could trigger a significant bull run.
