BITCOIN → Is the $100K target becoming more and more realistic? BINANCE:BTCUSD is in the bull run phase and updating highs due to the excitement of the US presidential election. After 8 months, there are finally reasons for the price to come out of the prolonged accumulation. Now the distribution.
BTC has one bullish driver after another as it approaches ATH:
Trump's victory in the US presidential election.
Then the second 0.25% Fed rate cut in this cycle
Discussions about BTC as a strategic reserve.
Next is the SEC. Trump promised to get rid of the head of the SEC, so the choice will be made in favor of a more loyal to cryptocurrencies person.
In general, the fundamental background for cryptocurrencies is very bullish, altcoins may finally go straight to the moon.
Technically, bitcoin has a key resistance of 76900 at the moment, as well as key support zones, which is worth paying attention to as the price has been forming a local accumulation for two days. Accordingly, the move may continue in the near term.
Resistance levels: 76900
Support levels: 75650, 74560, 73550
The price is squeezing in front of the resistance, which may lead to a breakout. But, the liquidity is decreasing on the weekend, which may lead to a small correction, for example, to 75650 or other areas lower on the chart. We can't talk about any selling now, the reason is obvious, so we are looking for strong resistance levels (to continue the movement), or strong support levels (to bounce with the purpose of buying).
The target of 100K is becoming more and more real ;)
Rate, share your opinion and questions, let's discuss what's going on with ★
BINANCE:BTCUSDT ;)
Regards R. Linda!
BTC-D
Bitcoin Roadmap==>>Correction SignsBitcoin ( BINANCE:BTCUSDT )is moving near the Upper line of the Ascending Channel and Potential Reversal Zone(PRZ) , which acts as a Resistance line .
According to the Elliott wave theory , Bitcoin has completed main wave 5 with the help of Ending Diagonal , and we should wait for Corrective Waves .
Note ( Education ): The Ending Diagonal is the Rising Wedge Pattern in terms of Classic Technical Analysis .
Also, Regular Divergence(RD-) between Consecutive Peaks in MACD and RSI and Volume Indicators .
Note : Since trading volume is usually low on Saturdays and Sundays , we can expect the main corrective movement to happen at the beginning of the next week .
I expect Bitcoin to have a corrective trend in the coming week , considering that there are attractive volumes for liquidating long positions at lower prices , as well as the technical analysis that I talked about above. Of course, from November 13 to November 15, important indexes will be released from the USA(Core CPI m/m, CPI m/m, CPI y/y, Core PPI m/m, PPI m/m, Unemployment Claims, Core Retail Sales m/m, Retail Sales m/m) , which can impact Bitcoin's main trend .
⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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BTC/USDT: Uptrend Continues Toward New Targetshello guys.
such a day! ha!
Channel Resistance: Price is moving along an upward channel, nearing resistance levels at approximately $81,000 and $83,000.
Fibonacci Extension: The Fibonacci level at 1.65 aligns with a target zone, suggesting potential resistance around $81,000 - $83,000.
Short-Term Pullback: A minor pullback within the channel is possible before continuing to the targets.
Momentum: Current momentum is strong, but watch for resistance near the target zones where profit-taking may occur.
Bitcoin can make correction and then rise to 80K, and even moreHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price traded inside the buyer zone and soon broke the 67600 level, after which made a retest and continued to grow. In a short time, BTC rose to current support level, which coincided with the support area, and then started to decline inside the wedge. When the price fell to the 67600 support level, it entered the buyer zone, rebounded from the support line of the wedge, and started to grow. Firstly it corrected and then rebounded up to the current support level. Price broke this level, made a retest, and continued to grow to the resistance line of the wedge. Bitcoin some time traded near this line and later corrected to support line of the wedge pattern, after which it made an upward impulse. After this movement, the price exited from the wedge and now reached a new ATH (79800 points), after which made little correction. Now, it continues to rise, so, in my opinion, the price can make a correction movement and then start to grow. Also, I think it can reach new ATH, so, I set my target at 81500 points. Please share this idea with your friends and click Boost 🚀
BTC: This May Be Your Last Chance Before Exploding to Upside !!
Last year, when I was analyzing this, I wondered if Bitcoin could return to its golden days. At that time, Bitcoin was at $30K , and I was hopeful that good days would come again. Now that Bitcoin has surpassed $80K , I realized that our collective thoughts drive momentum in everything. We had hope , and this hope turned into reality. Now I hope Bitcoin will also reach $100K . Technically, if this weekly candle closes, it can be said that Bitcoin has successfully broken this cup and handle pattern, and after that, it can reach higher prices.
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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 it repeat last year and reach $140000?It was less than a month (October 14, see chart below) when we updated our old Bitcoin (BTCUSD) Channel Up idea of June 07, calling for the confirmed start of the new Bullish Leg of the Channel Up and setting a medium-term Target of $94500:
New evidence following the U.S. elections suggest that the aggressive nature of the past weekly rally can see BTC target even higher, more specifically the top of the Channel Up by Q2 2025.
As you can see, the price is currently between the 0.5 - 0.618 Fibonacci Channel range, which is technically a neutral zone. However it is considerably below the 0.618 horizontal Fib level applied on a potential +198.10% rise (same as the Sep 2023 - March 2024 rally). This showcases the enormous upside potential that exists within this 2-year Channel Up.
The RSI is about to enter the Overbought Zone (>70.00), which when the previous two Bullish Legs started was also while the price was below the 0.618 Fib (especially in the case of the October 20 2023 candle).
As a result, even though our 94500 medium-term Target stands, for the long-term we are targeting 140000, which is almost at the top of the 2-year Channel Up and marginally below a potential +198.11% rise. Notice that the two lengthy corrections (green Rectangles) within the pattern started only when the RSI formed a Lower High below the overbought level (<70.00).
So what do you think? Is Bitcoin still so undervalued at the moment, despite last week's surge, that it can even hit $140k? Feel free to let us know in the comments section below!
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#Bitcoin Big Bull Market Roadmap toward $200000#Bitcoin Big Bull Market Roadmap 🚀
CRYPTOCAP:BTC is hitting new highs every day, and I honestly believe this rally could be huge! We might see Bitcoin reach $150k-$200k for its all-time high.
🔹 Once we hit those levels, expect the usual cycle — a bear market. After this bull run, we could see prices dip to around $60k-$80k ( Which will be Bottom of NExt Bull Run ), where the current resistance will become strong support.
🔹 Right now, we're in a Bull Market, so expect a lot of positive news to come your way. But remember, don’t get too swept up in the excitement! If you’re sitting on big profits, make sure to take some off the table.
🔹 A lot of influencers will talk about big dreams, but stay grounded, focus on your strategy, and book profits when altcoins pump hard.
You don’t want to be stuck holding 4 years if the market turns.
I'm starting to sell BTC. Here is my planIn my previous BTC analysis, I mentioned my belief that Trump would win the election, potentially driving BITSTAMP:BTCUSD to a new all-time high. However, I don’t expect this surge to lead to a sustained bull market. Instead, I anticipate this to be an emotional reaction, with prices likely falling after a few days.
Now, with BTC trading above $80,000, I’m preparing to build a short position. Here’s my strategy:
Since there are no clear resistance levels above this point, I plan to make my first short sale at $82,000 and the next at $87,000, giving me an average entry of $84,500. I’ll set my stop-loss at $89,500, and my target is $74,500, aiming for a 1:2 risk-to-reward ratio.
I acknowledge that this trade is based more on intuition than on solid technical analysis, and I’m fully aware that it goes against the prevailing strong uptrend.
My rationale is that if BTC were to reach $100,000 in a sustained move now, without a solid drop before, it would be “too easy”—perhaps even too expected by all the traders.
And if I’m wrong, well, we can’t win them all, and I’ve already accounted for the potential loss in my outlook.
Bitcoin Roadmap!!!==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) created a New All-Time High(ATH) over the weekend. In your opinion, how far will this upward trend of Bitcoin go!?
Because Bitcoin has never had a price history before, analyzing its end is a bit complicated. Of course, I will try to find the end of this Sharpie movement with technical analysis tools and On-chain data .
Bitcoin has been moving in the Ascending Channel on the 15-minute time frame for the past two days .
According to the Elliott wave theory , considering that Fear Of Missing Out(FOMO) is in the market, wave 3 has been extended . It seems that the Upper line of the Ascending Channel and Potential Reversal Zone(PRZ) can be the end of the main wave 5 . Then, wait for the correction. I expect this Bitcoin Sharpie correction to happen if the correction starts.
Fundamental Conditions of Bitcoin:
1-The Fear and Greed Index is in the Extreme Greed Range, and Bitcoin's movements are showing this very well.
2-The Funding Rate for Long positions is very high and in the risk range. Anyone can log in anywhere😂.
3-Open Interest is in the maximum range and can be a warning to start correction in Bitcoin.
4-Lower prices are attractive areas for liquidating long positions.
5-100% of Bitcoin wallets are in profit.
6-I consider the fact that all the famous people in the cryptocurrency market talk about the higher price of Bitcoin, for example, 200 thousand and 300 thousand dollars soon, a warning because whenever these people talk about these goals, Bitcoin has been corrected after some time. So, according to your strategy and capital management, enter the financial markets, especially crypto, which is more risky.
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Finally, I expect Bitcoin to correct to at least $80,000 after breaking the lower line of the ascending channel and the Support zone($81,850-$81,500) .
⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️
🙏Note: This is only a personal analysis; please follow your strategy and respect all ideas.Thanks🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Log Trend Curve - Feb 2025 peakJust wanted to draw a curve matchin the logarithmic trend of BTC price.
By this estimate we see a peak in Feb 2025 of about 95,000. But the price would only go down or sideways from here. I drew these lines in October of 23, but never published it - and so far it's following the trend. Just a fun thing I wanted to try, idk if it means anything.
$BTC - We'll grow on the shorters 79-84k nov-decWe are approaching the liquidity zone, as I have shown in previous posts.
Blue dotted lines indicate the levels where the decision will be made for longing; I do not expect a substantial correction.
Waiting for new ATH 79-84k in November -December
And 100k + in March
Domination goes to 60%
In this case, altcoins are not going to do well
Best regards EXCAVO
Doggy Style- I mostly use some specific projects to try to predict the next " Altcoin Rally ".
- I typically use Cardano or Doge because they are older and I can use indicators from earlier times.
- Yes doge is meme, but all altcoins are also Memes until they have a real use case right ?
- so you remember this BTC post i made in 2022 ? ( please check it )
- So this is almost exactly the same but with this graph i use :
- Tenkansen ( Yellow line )
- SenkouSpan ( Green line )
- so now check the compressing descending trend.
- check now both lines ( Yellow and Green ).
- Notice when the yellow line cross down the green, we go bear.
- Notice when the yellow cross up the green, we go bull.
- So what we can deduct? - Altcoins are not yet Bullish.
- But remember Altcoins will go parabolic at one point and you want to be there!
- When? - anyone knows the exact date but you need to understand " The Delay ".
- i will post in comments same chart but i will use BTC with same technic and you will get that BTC is already bullish.
Happy Tr4Ding !
Bitcoin Price Analysis: Possible Scenarios Aheadhello guys.
Current Price Movement: Bitcoin has experienced a strong upward movement, nearing the resistance zone around $82,000–$83,000. It is trading near the upper boundary of a rising channel.
Scenario 1: A potential bullish continuation where Bitcoin could break above the $83,000 level, pushing towards $84,000–$85,000.
Scenario 2: A possible pullback before a continuation, with Bitcoin retesting support levels around $80,000–$81,000 before attempting another move up.
Support and Resistance Levels:
Resistance: $82,000–$83,000 (near-term), $84,000–$85,000 (upper target).
Support: $80,000–$81,000 (short-term), $73,000 (lower channel boundary).
Trend: Overall bullish momentum remains, but a pullback is possible before the next leg up.
My thoughts are giving me no peace with this idea 2 I've updated my expectations regarding the altseason after reviewing the statistics. I believe the growth of altcoins will happen in two phases: first, a drop in Bitcoin dominance to 40%, followed by a recovery to 45-50%, and then a crash below 30%. I'll share any updates if I make any fixes. The scenario is invalidated if dominance rises to 65-70%
85-88K is the next oneMorning folks,
So, BTC has made a historical breakout. But for those who read our monthly report it is not a surprise. This is long term game and the pumping process is just starting. If you want to know what is really going on - you could read it.
Meantime, we consider 85-88K as the next upside target. If BTC will show pullback prior it will reach it, then 73K seems like interesting level to consider for long entry. If pullback will start after 85-88K will be completed - then do not hurry up with position taking as retracement might be deeper.
We do not consider any short positions for now.
Bitcoin : Midterm Ascending Triangle PatternTrading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (4h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 78800.0
⭕️SL @ 75100.0
🔵TP1 @ 85000.0
🔵TP2 @ 89900.0
🔵TP3 @ 94990.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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BTC CME Updat(1D)Bitcoin pumped without correction and without hitting our entry zone and reached the red box of our previous analysis. Bitcoin targets were not far from expectations.
Now we have a GAP in CME on the price of $77930, if this gap is filled, we can look for buy opportunities.
From the range of gap and demand, we expect Bitcoin to return upwards
Closing a daily candle below the invaliation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
now sell to the lowTechnical Analysis: Look at key support and resistance levels on price charts. Identify any trends or patterns that may indicate a reversal or a continuation of price movement.
Set Alerts: Use trading platforms to set price alerts for specific levels where you would consider selling.
Monitor Market Sentiment: Stay updated on market news and events that could influence BTC prices.
Plan Your Exit: Define your target selling price and stop-loss levels to manage your risks effectively.
Practice Risk Management: Ensure you're not overexposing yourself to market volatility.
If you're considering selling BTC, make sure to do your own research or consult with a financial advisor for tailored advice.
BITCOIN IS EXPLOADING BIG TIME. TECHNICAL ANALYSIS + TRADE PLANPrice Action & Trend:
Bitcoin's current price is around $80,853.
The trend is notably bullish, as the price has been in an upward movement with higher highs and higher lows over the past month.
The recent price surge indicates strong bullish momentum, potentially aiming for higher resistance levels.
Indicators:
Market Cipher B: This indicator shows divergences and momentum shifts, often used for trend reversals.
Current green dots indicate bullish momentum, and the increasing wave strength suggests strong upward pressure.
RSI (Relative Strength Index):
RSI is around 74.81, which is within the overbought zone (above 70). This could mean a potential correction or consolidation period might be approaching, as prices may have risen too quickly.
Stochastic RSI:
The Stochastic RSI shows a value around 89.86, which is also in the overbought zone. This indicator further supports the potential for a short-term pullback or consolidation.
HMA Histogram (Hull Moving Average):
The histogram shows bullish momentum, but there are hints of divergence, which could indicate a slowdown in bullish strength.
Support and Resistance Levels:
Support: The nearest strong support is around $72,000. A more significant level sits at approximately $63,000.
Resistance: With Bitcoin at $80,853, the next major resistance is likely near $85,000 and then potentially $92,000.
Volume:
Although volume data isn’t available in this chart, the current price movement suggests significant buying pressure, likely driven by strong sentiment and high interest.
Trading Plan
Long Position (Buy):
Entry: A conservative entry would be to wait for a pullback around the $78,000-$80,000 range, which could act as a minor support in the current bullish setup.
Stop Loss: Place a stop-loss just below $72,000, as a break below this level could indicate a shift in trend.
Take Profit: Set a target near $85,000 initially. If bullish momentum continues, the next target would be $92,000.
Risk-Reward Ratio: Ensure a minimum risk-reward ratio of 2:1 for this trade to manage risk effectively.
Short Position (Sell):
Given the overbought conditions on both the RSI and Stochastic RSI, a short-term short position could be considered.
Entry: Consider shorting near $85,000 if the price reaches this level quickly without consolidation.
Stop Loss: Place a stop-loss above $87,000 to protect against a continued breakout.
Take Profit: Target a pullback to the $78,000 region or further down to $72,000 if bearish signals strengthen.
Risk Management:
Limit exposure to a small percentage of the portfolio per trade (e.g., 1-2%) to manage volatility.
Monitor key indicators (RSI, Stochastic, Market Cipher B) for any signs of trend exhaustion or divergence that could signal a reversal.
Market Sentiment & News Monitoring:
Keep an eye on market news that could impact Bitcoin’s price, such as regulatory announcements or macroeconomic factors.
Bitcoin’s price can be highly sensitive to sentiment-driven events, so being adaptable to changing market conditions is essential.
Bitcoin on the Weekly Timeframe#Bitcoin
Elliott Waves analysis does not specify the target but rather indicates the path. This means that as long as the price is reaching new highs, we can continue following the price’s upward movement until we label 5 smaller waves. At that point, caution and profit-taking should begin.
Based on the Fibonacci extension from wave 1 with the bottom of wave 4, the target range is between approximately $99,000 and $150,000. However, an extension could occur, making wave 5 the longest, and the price could reach up to $240,000, which serves as resistance. We cannot confirm anything definitively until observing price movement during the rise.
Can Bitcoin reach 100k?Hello, Traders!
Bitcoin price keeps reaching new all-time highs following the recent U.S. election. BTC recently surged past its previous ATH and quickly touched the 80k level. Now, many traders are wondering - how much higher can Bitcoin go before we see a correction?
Based on current trends, Bitcoin can potentially reach the 84k-86k range before taking a breather. However, this will largely depend on external factors, such as Bitcoin-ETF activity, political statements, and overall market sentiment.
At the moment, market sentiment remains extremely bullish, which suggests that Bitcoin upward trend may continue for some time. However, if a correction does happen, the 74k support level will likely play a key role in determining whether the uptrend continues or not.
On the other hand, BTC price might just keep pumping up to 100k before correction happens.
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