TESLA tags my Target 2 price objectiveTracking Tesla is an exhilarating experience, thanks to its significant price fluctuations, the attention it garners, and the charismatic presence of Elon Musk. The momentum of this electric vehicle powerhouse seems unstoppable.
This year has truly been a wild ride for Tesla! It started with a dramatic 30% drop in stock value during the first quarter, fueled by worries about falling revenues and challenges with vehicle profit margins. This was Tesla's toughest quarter since late 2022. However, as we look at the current situation, the company's financial and operational performance is on the upswing. The enthusiasm and optimism surrounding this stock are off the charts.
Fortunately, we successfully capitalized on the two major movements from the peak of the previous cycle in 2021, leading us to the current extraordinary surge (or perhaps more fittingly, a "Marsshot!") that both the stock and Elon are experiencing.
Bitcoin (Cryptocurrency)
BITCOIN NEARING 108,100 Hit Only ONE LAST GASP left The chart of bitcoin posted based on all fib relationships within the advance from 15890 is ending a clear and rather clean 5 wave s up To end the Bull market of the last 2 years Timing of golden ratio and spirals called for the last week but there are 3 i.t. spiral due 12/18 to the 21 this is the last of the good news I have taken a long PUTS position in BITI at 60.8 Best of trades WAVETIMER
ETHBTC Is Sitting At Strong Monthly SupportETHBTC cross pair has been trading bearish for the last two years or so due to Bitcoin dominance, but now that Bitcoin dominance is slowing down and ALTcoin dominance kicking in, seems like we are in the ALTseason and ETHBTC pair may see a recovery soon.
ETHBTC chart can be actually still trading in a correction within uptrend. It’s right now sitting at interesting and strong support area when looking at the monthly chart. We have strong monthly trendline and impulsive five waves up, followed by a three-wave A-B-C correction into an important 67,8% Fibo retracement, which is a bullish pattern from technical and Elliott wave perspective. We are actually already in the ALTseason and if ETHBTC pair is really about to bounce and starts recovering soon, then ALTseason may resume and Ethereum can be one of the strongest.
3 Scenarios for BitcoinWhen a trend of the peaks that Bitcoin has made since 2016 is taken, we see that after each peak that uses this trend as resistance, Bitcoin enters a correction process up to the HP filter.
Bitcoin, which has done this 3 times in history, is doing it right now. In addition, when I apply a Fibonacci analysis to each correction, I clearly see that Bitcoin is currently in the Fibonacci target area of the last bear season.
There are 3 options for Bitcoin right now. Either it will break this trend for the first time and run without any corrections until at least $120k, or it will be rejected from the trend and pull back to $90k, which the HP filter will reach, and then try the trend once more. On the contrary, the worst case scenario is that it will close below the HP filter for the week and fall to $60k, which means bear season.
Even if the bear season comes, I will switch to the buying side since I think Bitcoin will eventually reach $1m. Therefore, it does not matter how many dollars it is for me.
SPX 4800 LONG SANTA RALLY UNTIL 2024 Key Factors to Consider:
Economic Indicators: Monitor key economic indicators such as GDP growth, employment data, and inflation. Positive economic data may support the upward movement of the S&P 500, while negative indicators could lead to volatility.
Interest Rates: Changes in interest rates can impact the cost of borrowing and influence investor behavior. Keep an eye on central bank announcements and monetary policy changes.
Corporate Earnings: Earnings season can significantly affect the S&P 500. Track corporate earnings reports for insights into the health of individual companies and the overall market.
Geopolitical Events: Geopolitical developments, such as trade tensions or political instability, can impact market sentiment. Stay informed about global events that could affect the S&P 500.
ETF BTC APROVAL LONG 46000 "Decentralized Finance (DeFi) Disruption: Unleashing the Power of Financial Inclusion"
Introduction:
In recent years, the rise of decentralized finance (DeFi) has been nothing short of revolutionary in the world of cryptocurrencies. This bullish idea explores the potential of DeFi as a game-changer in the financial industry, bringing about increased financial inclusion, accessibility, and empowerment.
SELL SPX FROM 4100 OR 4000 AND TP ON 3800 AND WAIT Patience !! Time to Sell or Wait to 4100 anyways Going back to 3800 TP and wait for second confirmation Going back to 3200 !!!
stay Profitable
do not add to losers
add to winners
do not over leverage
do not open many positions
only trade what you know
dot get sentimental with trades . close it if did not work !!!
HAVE A GOOD WEEKEND !!!
SEE YOU GUYS ON PROFIT FRIDAYS !!!
BTC DECEMBER FOMC Going into FOMC the consensus is we'll see a 25bps cut from the FED (95% chance), this would take interest rates from 4.75% to 4.5%. Because the expectation of a cut is so certain, we can assume that the markets have priced this in so baring any craziness in the form of a different result we should see market sentiment remain the same, bullish.
A FED pause,(although unlikely according to data) would be very bearish in the the short term in terms of volatility. I would expect to see price revisit the $98-99K mark where the 4H 200EMA would roughly be. In a bullmarket the 4H 200EMA can be used as a great support level often bouncing off of it.
For a 25bps cut which is the expected outcome, we have two paths IMO. The bullish path is consolidation under the ATH then a break above, retest and off we go towards $110,000. The bearish path is a loss of this key S/R level after a consolidation above support and break under with a confirmed retest of new resistance. I know it's typical "could go up, could go down", however it's the context that matters here.
Alts have taken a back seat for the last week or so, BTC.D at a key level and a rejection off this level would mean alts can play catch-up while as BTC consolidates. We very rarely see BTC drop and altcoins pump so this is the most likely outcome to me baring no upsets in FOMC.
BITCOIN (BTCUSD): Bullish Move From Support Confirmed
Looks like Bitcoin is going to pullback from a key intraday/daily horizontal support.
As a confirmation, I spotted a tine cup & handle pattern on an hourly.
The price will go up and reach at least 105291 level soon.
❤️Please, support my work with like, thank you!❤️
#BTCUSDT #4h (Bitget Futures) Rising wedge on resistanceBitcoin uptrend looks exhausted and keeps getting rejected on overbought RSI zone, a retracement down to 100EMA support seems around the corner.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Short)
Leverage: Isolated (15.0X)
Amount: 5.0%
Current Price:
106966.8
Entry Zone:
107142.0 - 108740.0
Take-Profit Targets:
1) 104521.8
1) 101946.7
1) 99371.7
Stop Targets:
1) 110802.2
Published By: @Zblaba
CRYPTOCAP:BTC BITGET:BTCUSDT.P #4h #Bitcoin bitcoin.org
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.5% | +83.3% | +119.1%
Possible Loss= -39.8%
Estimated Gaintime= 1-2 weeks
BITCOIN Next top is going to surprise you but it SHOULDN'T !!Bitcoin (BTCUSD) broke yet another benchmark, the psychological level of $100k. The market cap is growing and many claim that it can't keep rising as the capitalization would be at unrealistic levels. For one capital inflows seem to be very comfortable right now with BTC investments and there are still billions waiting at the side for the right investment in 2025.
Fundamentals aside, Bitcoin's historic patterns and price action gives us even more reasons to expect (much) higher prices and a Cycle Top that could surprise many.
** Fibonacci Channel Up **
First of all, we've plotted a Channel Up starting from BTC's first Bear Cycle and displayed the Fibonacci retracement levels on it. As you can see, those fit perfectly and catch each Cycle's tops and bottoms very accurately:
1) June 2011 Top on the 0.618 Fib. November 2011 Bottom on the 0.0 Fib.
2) December 2013 Top on the 1.0 Fib. August 17 2015 Bottom on the 0.382 Fib.
3) December 2017 Top on the 1.0 Fib. December 2018 bottom on the 0.5 Fib.
4) April 2021 Top on the 0.786 Fib. November 2022 bottom on the 0.236 Fib.
** Pi Cycle and MM Bands **
Then we have applied the Pi Cycle trend-lines 1 (orange) and 2 (green), which are key trend Resistance and Support levels respectively, combined with the MMB SD3 above (red trend-line) and MMB SD3 below (black trend-line), which are also historically almost the absolute Resistance and Support levels respectively. In the middle of all these is the 1W MA50 (blue trend-line), which during the Parabolic Rally phases (like the one we are currently on), is Bitcoin's main upward force.
** Covering at least 4 Fib ranges **
As you can see, all Cycles broke above at least the Pi Cycle trend-line 1 (orange) before making a Top. The first two Cycles even hit the MMB SD3 above (red). Also each Cycle has a proportional Fibonacci Channel level range, covering at least 4 Fib bands (as described above). Cycle 1 covered Fibs 0.618, 0.5, 0.382, 0.236 and 0.0. Cycle 2 covered Fibs 1.0, 0.786, 0.618, 0.5, 0.382. Cycle 3 also covered Fibs 1.0, 0.786, 0.618, 0.5, 0.382. Cycle 4 covered Fibs 0.786, 0.618, 0.5, 0.382, 0.236.
** Surprise Top **
The MMB SD3 above (red trend-line) is now below Fib 0.618 and it is less likely for BTC to hit it since Cycle 3 didn't. As a result, it is possible that the next Top will be on Fib 0.5 at best (maximum). If that is succeeded towards the end of 2025, and assuming that the Pi Cycle trend-line 1 (orange) breaks by then as it always has on every previous Cycle, that gives us a target range for the next Cycle Top within $250k - $350k!
Do you still think that's unrealistic? Feel free to let us know in the comments section below!
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HelenP. I After reaching new ATH, Bitcoin can make correctionHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price declined to the trend line and then rebounded and started to grow. Later, BTC reached a support level, which coincided with the support zone, and then some time traded in this area. Then the price broke the 90400 level, made a retest, and continued to grow, but when it reached 99300 points, after which made a correction. But soon, the price turned around and continued to grow to support 1, which coincided with the resistance zone. When BTC reached this level, it turned around and in a short time declined to the trend line. After this movement, BTC rebounded and made impulse up to support 1, thereby soon breaking it. Currently, the price trades inside the resistance zone, so, I expect BTCUSDT will rise a little higher this area. Then, the price can turn around and start to decline to the trend line. For this case, I set my goal at 100700 points, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
Bitcoin's status on hourly timeframes (4H)Bitcoin is in an ascending channel on the hourly timeframes. It had reached the top of the channel, reacted, and has now dropped.
There is a support zone that could push the price back up to the previous high.
Closing a 4-hour candle below the invalidation level will invalidate this move and lead to further drops.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Did you Know ?!!!Did you really think that profiting from the current bull run (a comprehensive upward market) would be easy? Don't be naive. Do you think they will let you buy, hold, and sell at low levels without any struggle? If it were that simple, everyone would be rich. But the truth is: 90% of you will lose. Why? Because the crypto market is not designed for everyone to win. They will shake you. They will make you doubt everything. They will panic you and sell at the worst possible moment. Do you know what happens next? The best players in this game buy when there is fear, not sell; because your panic gives them cheap assets. This is how the game goes: strong hands feed off weak hands. They exaggerate every dip, every correction, every sale. They make it look like the end of the world so that you abandon everything, and when the market starts up again, you'll sit there saying, "What the heck just happened?" This is not an accident. It's a system. The market rewards patience and punishes weak emotions. The big players already know your thoughts. They know exactly when and how to stir fear to make you give up. Because when you panic, they profit. They don't play the market. They play you. That's why most people never succeed. Because they fall into the same traps over and over again. People don't realize that dips, FUD (fear, uncertainty, doubt), and panic are all part of the plan. But the winners? They digest the noise. They know that fear is temporary, but smart decisions last forever. We've seen this hundreds of times. They pump the market after you sell. They take your assets, hold them, and sell them to you at the top, leaving you with nothing, wondering how it happened. Don't play their game. Play your own.
Bitcoin Outlook after the Dip. What to expect NOW?if Bitcoin cannot hold the $130,000 range, the price could drop to around $100,000 or even lower. After that, it can continue its growth again.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin can correct and then continue to move up to new ATHHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price trades inside the range, where it reaches the top part and then starts to fall. In a short time, BTC fell almost to the bottom but then turned around and made an impulse up, exiting from range and continuing to grow inside an upward wedge. In this pattern, the price soon reached the 90500 support level, which coincided with the buyer zone, and then broke it, made a retest, and continued to move up. Later BTC reached the resistance line of the wedge and then corrected the support level, after which it rebounded at once and then rose to the current support level. Price tried to break, but failed and dropped to the 90500 level, after which at once continued to move up and soon reached the current support level, which coincided with the seller zone. Then the price broke the 103000 level and rose to the resistance line of a wedge, but a not long time ago it declined to the seller zone, where BTC continues to trades to this day. So, in my mind, the price can decline to the support line and then start to grow to the resistance line of an upward wedge. That's why I set my TP at 110000 points (new ATH), which coincided with the resistance line. Please share this idea with your friends and click Boost 🚀
Bitcoin Tests Key Support: Eyes on $103KBitcoin is technically bullish in the 4-Hour chart. However, it gave up bullish move from the last days and is now testing the key support zone near $103,033.
1. A pullback to retest the $103,032 with a dip below it, followed by a strong rebound above this level will push Bitcoin price towards $108,550 (dashed green projection).
2. A decisive move towards $108,550 and breakout with confidence could pave the way for further upward momentum towards $113,692(solid green projection).
3. If Bitcoin fails to hold above $103,032 and breaks below this level without a swift recovery, it could indicate a loss of bullish strength and Bitcoin chart will turn to neutral. This may trigger increased bearish activity, leading to sideways movement or a potential decline toward the $99,108 support level (red projections).
Will Santa Bring Bitcoin? Tracking Crypto Trends Each DecemberAs the festive season draws near, Bitcoin traders often wonder: is December a gift-giving month for the OG crypto or one where Santa skips the BTC chimney altogether?
Over the past decade, Bitcoin’s December performance has varied wildly — from record-setting rallies to stomach-churning corrections.
But this year, the festive cheer in the crypto world is particularly jolly.
Bitcoin BTCUSD has smashed through the $100,000 mark , Ethereum ETHUSD is dancing above $4,000 , and the markets are buzzing with speculation about lower interest rates from the Federal Reserve and crypto-friendly policies from Donald Trump’s White House.
Before we spill what we know about this Christmas’s crypto miracles, let’s take a trip down memory lane, tracking Bitcoin's price moves for each December over the past 10 years.
Bitcoin’s December Performance: A 10-Year Recap
2013: A Frosty End to the First Big Rally
❆ Start of December: ~$1,000
❆ End of December: ~$750 (-25%)
Bitcoin was coming off its first significant bull run, fueled by very early retail and media hype. The exuberance didn’t last as profit-taking and concerns over Mt. Gox’s solvency sent prices tumbling.
2014: A Crypto Winter Christmas
❆ Start of December: ~$375
❆ End of December: ~$320 (-15%)
2014 was a tough year for Bitcoin. The infamous Mt. Gox hack earlier had crushed investor confidence, and the December sell-off reflected broader pessimism about crypto's future.
2015: A Subtle Santa Rally
❆ Start of December: ~$360
❆ End of December: ~$430 (+19%)
After a year of consolidation, Bitcoin ended 2015 on a positive note. December brought renewed optimism, with the first whispers of institutional interest starting to surface.
2016: The Calm Before the Storm
❆ Start of December: ~$740
❆ End of December: ~$960 (+30%)
This was the beginning of Bitcoin’s journey into mainstream consciousness. A steady rally through December set the stage for the parabolic run of 2017.
2017: Deck the Halls With All-Time Highs
❆ Start of December: ~$10,800
❆ End of December: ~$14,000 (+30%)
Bitcoin mania hit fever pitch as it reached its then-all-time high of nearly $20,000 mid-month. However, the rally fizzled by year-end, signaling the start of a brutal bear market.
2018: Coal in the Stocking
❆ Start of December: ~$4,000
❆ End of December: ~$3,800 (-5%)
The post-2017 bubble burst was in full swing. By December, Bitcoin was down nearly 80% from its peak, and the market was entrenched in a bear trend.
2019: A Neutral Noel
❆ Start of December: ~$7,500
❆ End of December: ~$7,200 (-4%)
This year saw modest losses in December as Bitcoin remained range-bound following a mid-year rally that fizzled out.
2020: A Festive Bull Run
❆ Start of December: ~$19,500
❆ End of December: ~$29,000 (+48%)
The COVID-19 pandemic had accelerated Bitcoin adoption as institutions like MicroStrategy and PayPal jumped in. December capped off a historic year with a near 50% rally.
2021: Bitcoin on the Naughty List
❆ Start of December: ~$57,000
❆ End of December: ~$46,000 (-19%)
Despite starting strong, December 2021 saw Bitcoin slide as macroeconomic fears around inflation and Fed tapering weighed on risk assets.
2022: The Crypto Winter Lingers
❆ Start of December: ~$17,000
❆ End of December: ~$16,500 (-3%)
The collapse of FTX in November left the crypto market reeling. With investor confidence shattered, Bitcoin struggled to recover, hovering near its bear-market lows.
2023: A Recovery Year
❆ Start of December: ~$40,000
❆ End of December: ~$42,500 (+6%)
With the market recovering from the harsh crypto winter of 2022, Bitcoin climbed steadily throughout the year, culminating in December's moderate gains.
Bitcoin ended 2023 on a modestly bullish note, driven by renewed optimism around regulatory developments and institutional interest, especially around the Bitcoin exchange-traded funds that would launch in January 2024.
Final Days of 2024: A December to Remember?
Bitcoin’s 2024 trajectory has been nothing short of remarkable, with the OG cryptocurrency trading above $108,000 — a new all-time high. December’s price action will likely hinge on several key factors:
1️⃣ Federal Reserve Policy : Markets are pricing in a 25-basis-point interest rate cut at the Fed's final meeting of the year on December 18. This has already fueled risk-on sentiment, but a surprise decision to hold rates could spark a possible sell-off.
2️⃣ Institutional Demand : Big-shot investors have continued to pour into Bitcoin in 2024, with the genuine Bitcoin ETFs accumulating more than $100 billion in assets.
3️⃣ Market Sentiment : After breaking $100,000, Bitcoin’s psychological momentum is strong. Traders are eyeing $125,000 as the next target, though volatility could lead to sharp corrections.
4️⃣ Donald Trump : The sheer power concentrated in one man — President-elect has vowed to support the growth of the crypto industry through a Bitcoin strategic reserve, lower taxes, sweeping deregulation and higher tariffs on US imports. Bullishness is truly in the air heading into 2025.
What’s Under the Tree for Crypto in 2025?
Looking ahead, the outlook for Bitcoin and the broader crypto market remains bullish. The combination of institutional, business and consumer adoption, favorable regulatory developments, and a macroeconomic environment that continues to favor risk assets sets the stage for further growth. While $108,000 is impressive, many believe it’s just the beginning of Bitcoin’s next chapter.
As we wrap up 2024, one thing is clear: the crypto market never takes a holiday (or any days off). Whether the Fed today delivers a rate cut or not, traders can expect plenty of action as we head into the new year. So, grab your hot cocoa, keep your TradingView app handy, and enjoy the ride.
Happy holidays, and may your trades be merry and bright!