How Bitcoin BTC Will Break $100k And What Is Going Next?Hello, Skyrexians!
BINANCE:BTCUSDT is approaching the $100k, which is the key psychological level for many traders. Some traders are wondering how Bitcoin can pump so high, other became believe in $200k, $500k of even one million dollars per coin! For those who follow us it's not surprise that BTC has almost reached $100k from our previous analysis . There we mentioned that crypto asset is finishing the bull run with the wave 5. This wave had the target at $107k and we can define with higher accuracy the wave's end using subways count inside it.
On the daily time frame we can see the potential Elliott Waves counting. Looking at the maximum Awesome Oscillator value we can see that currently price is printing wave 3. This wave has the target with the 1.61, 2.61 or 3.61 Fibonacci extension levels. The first one has been broken, now price is at 2.61 level. Therefore, it can start local correction anytime now. The maximum target is $113k, which has the low probability of reaching in this wave 3.
We want you also to pay attention that Bullish/Bearish Reversal Bar Indicator flashed the green dot just before the growth and at the bottom on August 5 as well. As always, alerts from this indicator can be automatically replicated on exchange account orders. You can find the information in our article on TradingView . We can expect the red dot as a potential reversal sign.
The next dump in our opinion is not going to be the end of this game, Bitcoin shall print wave 4. It has targets between 0.38 and 0.5 level. BTC usually tends to show the short correction, so $79k can be the correction target. After that we expect the final subway of the final wave, which will likely reach our target from previous article at $107k, but the decisive factors are going to be the bearish divergence of the AO and the red dot on our indicator.
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Skyrexio Team
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Btcusdanalysis
My Sentiment indicator gave a wrong signal? (PAID Indicator)market was sideways and i think it sensed it correctly.. but it add the charm when you add 9EMA or 20 EMA...
question : did it give a wrong signal?
Let’s break it down. The exit happened when the price moved out of the green background zone, transitioning into the neutral charting color, typically indicating a lack of momentum. However, we then saw a big green candle, which brought some momentum back. The indicator, thinking the trend could continue, generated a buy signal. But in the very next candle, the price started falling.
so basically when there is no red/green background it means sideways, where momentum, volume is lacking in the trend.
This is the first time I’ve noticed such behavior—a buy signal followed immediately by a downturn. Interestingly, this happened right at the top, where the market essentially trapped traders.
What do you think went wrong? This is why I sometimes incorporate the 9 EMA for exit or 20 EMA for additional confirmation like if price can be bullish again or change momentum. For example, if the market is above the 20 EMA, it generally signals bullishness.
However, I use the 9 EMA in my indicator as an exit signal to maximize profits and ensure timely exits.
Btcusdt to where?We can notice first of all head and shoulders and that was the reason for the last uptrend
If we count the distance from the head till the nick and we count it after passing the nick we can see that our first Goal on btc is at 105k so there will be the best Goal if it didn’t reflect from 99k which is a cluster of 270 and 540 angle of gann star counting from 3782.13 and 49k
Second thing is the volume, we can see that for the current uptrend the volume is going down so there is weakness with this trend so we are expecting a correction and the next correction will tell us if it will go on or it will be it’s last station
The last thing is that there is a trend line from last two tops till the current high and we can see that it closes as a daily candle three days above it but if we check on the weekly candle we can see that by the ending of this week it needs to close below it if it’s gonna be the last station but if it closes above this trend line I think that we will see continuing for the uptrend
BTC to100K: Riding the Bullish Breakout with Strong FundamentalsBTC is currently showing strong bullish momentum, with both technical and fundamental factors in alignment. The trade aims to capitalize on this momentum towards the 100K level, with a cautious eye on potential selling pressure. Pay attention to the consolidation range, as further upward movement could solidify BTC’s path to the target.
Technical Overview:
• Trend: We are in a strong bullish trend, trading well above the 200MA, indicating sustained upward momentum.
• Breakout & Retest: Recently, BTC saw a breakout and a successful retest, reinforcing this trend.
• Range Consolidation: Currently consolidating within a range, with a low at 85K and a high at 93K. I’ve taken a mid-range entry to capitalize on any upward movement within this channel.
• Plan: If sellers aggressively push the price above the 85K level, I will consider reentry opportunities aligned with price action.
Fundamental Drivers:
1. Global Adoption & Regulation: The Fed’s constructive stance on digital assets, combined with increasing demand and institutional adoption, is supporting BTC’s upward trajectory.
2. Economic Conditions: As inflation and interest rates remain focal points, Bitcoin is being viewed as an inflation hedge. Additionally, El Salvador’s adoption of BTC as legal tender is adding to the credibility and mainstream adoption of cryptocurrency.
3. Bitcoin ETF: The SEC’s positive outlook on a BTC-based ETF is expected to boost demand and further legitimize BTC within traditional financial markets.
4. Geopolitical Factors: War-driven demand, potential sanctions on Russian money, and global financial uncertainty are all fueling demand for BTC as a decentralized, safe-haven asset.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
WARNING -------We Are HereMartyBoots here , I have been trading for 17 years and sharing my thoughts on Bitcoin.
Bitcoin is looking beautiful , its a great chart with lots of buying pressure
Very similar to Gold back in the 70s
Do not miss out on the next dip as it may be your last chance = this is a great opportunity
Watch the video for more details
Alikze »» BITC | Ascending channel - 4H🔍 Technical analysis: Ascending channel - 4H
- Bitcoin has already touched the supply range according to the analysis presented in the daily target time frame.
- In the 4H time frame, it is moving in an ascending channel, which has managed to register an ascending candle in the supply area in the 4-hour time frame.
- In case of failure of the supply zone, the specified movement path can touch the $100,000 targets of 106,250 and 112,500.
NEXT TARGET:
🎯 100.000$
🎯106250 $
🎯112500$
SUPPORT LVL
💹 75000$
💎 In addition, if the sales pressure increases in the supply area, an alternative scenario can be realized.
⚠️ In the alternative scenario, with selling pressure in the supply area by entering the second pullback channel, it can continue to correct until the bottom of the second channel and Fibo 1.618, the range of $75,000.⚠️
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Thanks for your continued support.
Best Regards,❤️
Alikze.
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BINANCE:BTCUSDT
BTCUSD TECHNICAL UPDATE : GO AND READ THE :CAPTAINBuddyS dear friend 👋
Crypto Traders. Are you still wanting for buying zone right now 🙏🤔 BTC USD All time high 94k buying zone right now
92K Big support level 🎚️. Easy to recover 💪 back up trand 97k
Technical analysis setup look for first buying zone 94k Next buying zone support level 92k
Buying said 94k target 97k after 25 hours Hit 🎯
Next buying said 92k target 97k
After two 48 hours
Support ✨ My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎮 BITSTAMP:BTCUSD
BTC to 250k?Bitcoin Halving Cycles: Historical Gains and Future Predictions
Bitcoin halving events, occurring approximately every four years, reduce the block reward miners receive by half. This built-in scarcity mechanism has historically triggered significant bull runs. Let’s compare the gains from each halving cycle and explore what they might predict for Bitcoin’s future price.
Halving Cycle Performance
First Halving (2012)
Pre-Halving Price: ~$12
Peak Price: ~$1,150 (late 2013)
Gain: ~9,500%
Second Halving (2016)
Pre-Halving Price: ~$650
Peak Price: ~$20,000 (December 2017)
Gain: ~3,000%
Third Halving (2020)
Pre-Halving Price: ~$8,600
Peak Price: ~$69,000 (November 2021)
Gain: ~700%
Observations
Each cycle has seen diminishing percentage returns, reflecting a maturing market and higher market capitalization.
Despite lower percentage gains, Bitcoin’s absolute price increases have been significant, drawing in institutional investors and mainstream adoption.
Predicting the Next Cycle
The fourth halving is expected in April 2024, reducing the block reward from 6.25 BTC to 3.125 BTC. If historical trends hold:
Conservative Estimate: A 300%-500% increase, aligning with diminishing returns, could place Bitcoin around $150,000-$200,000.
Optimistic Scenario: Should macroeconomic factors like institutional adoption or regulatory clarity amplify demand, a price exceeding $250,000 is plausible.
Factors to Consider
Market Maturity: Institutional interest may stabilize volatility, leading to more sustainable growth.
Regulation: Clearer policies could attract a wave of new investors.
Macroeconomic Conditions: Inflation, monetary policy, and geopolitical tensions will continue influencing Bitcoin’s appeal as a hedge.
While past performance doesn’t guarantee future results, Bitcoin’s halving cycles have consistently demonstrated their potential to drive significant price growth. As the next halving approaches, investors are poised for what could be another pivotal chapter in Bitcoin’s journey.
BTC: Road to $100K.BTC is just 4.5% away from reaching its record-breaking all-time high of $100k. This milestone will set a new record for BTC, solidifying its status as the only unbeatable and unparalleled coin to date.
BTC is moving parabolically and is currently in its price discovery phase, with new all-time highs being achieved almost every week.
Will it stop at any point?
During this phase, it’s quite challenging to predict where and when BTC might pause. Sooner or later, BTC is expected to hit $100k, but what lies beyond that is difficult to forecast. For now, $100k is the target we’re all anticipating.
Bitcoin ( btc )Btc usdt Daily analysis
Time frame 4 hours
Target 109.000 $ area
Notice , 100.000 $ area is very very important price
Maybe btc move up to 98 -99 and can't break the 100.000 $ and come down and rest and reserve energy with rectangle oe flag pattern or etc
On the other hand btc will break the 100.000$ line strongly and fly to my target 112.000 $ area
We must be patient and watch carefully on chart and listen to good or bad news about crypto to have a good profit
BTC | SHORT TERM | ATH OutlookBitcoin is in the process of making new ATH's and this process is called "price discovery mode".
This basically means that we have no indication of possible resistance or support zones. However, there is one method I like to use for price discovery mode - Fibonacci.
This could hold some key information as to where the price of BTC may possible see some rejection, and where it could bounce from.
If you're keen to see the journey, I made an update on my ENTIRE BTC prediction-roadmap. Find it here:
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BINANCE:BTCUSDT
Bitcoin Reacted Well to InflationBitcoin serves as an inflation hedge, going beyond its role as a decentralized digital currency that facilitates peer-to-peer transactions without intermediaries like banks or governments.
When inflation peaked at 9% in 2022, both Bitcoin and gold exhibited upward trends—a pattern that has continued to the present day.
Although the latest inflation figure stands at 2.6%, the current levels of gold and Bitcoin, driven by market demand, indicate that inflationary concerns persist.
Today, we’ll explore how to buy Bitcoin during market dips.
Mirco Bitcoin Futures & Options
Ticker: MBTX4
Minimum fluctuation:
$5.00 per bitcoin = $0.50 per contract
BTIC: $1.00 per bitcoin = $0.10 per contract
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
BTC SHORT TP:76000 1D 19-11-2024Bitcoin is currently experiencing strong upward momentum, which suggests a potential significant pullback to the 75-76 range. The timeframe for this setup to materialize is expected to be within 8 to 16 days. Please remember that the stop loss and entry points are merely suggestions. Stay informed and trade wisely! #Bitcoin #Trading
BITCOIN analysis for long term I think that Bitcoin is about to end the current bullish cycle that came about because of the recent wars. Bitcoin followed gold in the last two years in the upward trend because of the wars, the war between Ukraine and Russia, the Israeli war on Gaza and Lebanon, and the global political and economic conflicts, which led to a very large rise in Bitcoin and gold, but I think that this current cycle is about to end after these wars reached closed areas and brought prices to very inflated prices. I think that this is a very big opportunity in alternative currencies because they will start to rise because many will liquidate Bitcoin by buying alternative currencies in order to increase profits and exit in the upward trend. I think that alternative currencies will rise between 100% to 1000% for each currency, so I see it as a suitable opportunity to get rid of Bitcoin between the current prices up to $105,000, and after that there will be downward waves that will last for a period that is not short, but may extend for months or years.
BTC thesis with RAG AI by Titan_KarmaGiven the current market dynamics, Bitcoin (BTC) is exhibiting strong bullish momentum, reaching new all-time highs. The recent news surrounding MicroStrategy's trading volume and market cap growth further supports the bullish sentiment towards BTC. As there are currently no open positions, this presents an opportunity to consider entering a LONG position if market conditions remain favorable.
The financial analysis indicates that BTCUSDT is trading at $94,385.87 with a volume of 19,396.52. The mixed long-short ratios suggest a cautious approach, but the overall trend remains bullish. It is essential to monitor the market closely for any significant trends or signals before making trading decisions. Setting stop-loss orders will be crucial to protect against potential downturns.
From a technical analysis perspective, the indicators show a strong bullish trend, particularly on the daily and hourly charts. The RSI values are above 70, indicating overbought conditions, but the 1-hour and 15-minute charts suggest potential for further upward movement. Given the price is near resistance levels, it may be wise to consider profit-taking or setting stop-loss orders to safeguard gains.
Historically, the market has shown a bullish trend with increasing prices, recently reaching a high of $94,585.23. This indicates strong upward momentum, and entering a long position could be advantageous if the price holds above recent support levels. However, resistance levels around $94,800 to $95,000 should be monitored closely, as they could signal a reversal or consolidation.
In summary, the current market conditions, combined with the bullish technical indicators and historical price trends, suggest a favorable environment for entering a LONG position. The confidence level for this trade is high, given the strong upward momentum and positive market sentiment.
TRADE RECOMMENDATION
json { "OUTCOME": "OPEN_LONG", "STOP_LOSS": "$93,500.00", "TAKE_PROFIT": "$95,000.00", "CONFIDENCE_LEVEL": "85%", "EXIT_POINT": "$94,800.00", "ENTRY_CRITERIA": { "TIMEFRAME": "1h", "RSI": "below 75", "MACD": "above 0" }, "CURRENT_OPEN_LONG_POSITIONS": 0, "CURRENT_OPEN_SHORT_POSITIONS": 0 }
Approaching $100,000: Will the Bulls Face a Test?**Bitcoin Consolidates Near $92,000: The Road to $100K Gains Momentum**
The BTC/USD pair is currently in a phase of consolidation following a robust and impressive rally. After weeks of upward momentum that saw Bitcoin break through multiple resistance levels, the token now seems to be gathering energy for another leg higher. The much-anticipated $95,000 to $100,000 target range is becoming increasingly realistic as both technical and fundamental factors align to support further bullish price action. With FOMO (fear of missing out) driving sentiment and a favorable macroeconomic environment, Bitcoin's northward journey appears far from over. But is this a pause before the next surge, or are there hidden risks on the horizon?
### **A Strong Fundamental Landscape: Macro Drivers at Play**
One of the key factors bolstering Bitcoin’s rally is its solid fundamental backdrop. Recent developments in the broader cryptocurrency market, coupled with influential narratives such as former U.S. President Donald Trump’s surprising support for digital assets, have added a unique layer of optimism to the space. Trump’s indirect influence on the market has created renewed interest in Bitcoin as a store of value and hedge against economic uncertainty.
Moreover, Bitcoin’s trajectory out of a 9-month accumulation phase has been nothing short of remarkable. Historically, such extended periods of accumulation are followed by explosive moves, and this rally has been no exception. The 34% price increase during the current bullish run underscores the strength of this breakout, and with no significant signs of weakness in the broader market, the rally appears well-supported.
### **Technical Outlook: Smooth, Gradual Uptrend Developing**
From a technical perspective, Bitcoin’s price action paints a promising picture. Unlike previous volatile rallies, this move is characterized by a smooth, steady upward trend with gradually higher highs and higher lows. Notably, Bitcoin has refrained from testing or attempting to update its previous lows, a clear signal of bullish control in the market.
On the H1-H4 timeframes, an ascending price channel is becoming increasingly apparent. The upper boundary of this channel aligns with key resistance levels, particularly near $91,650 and $93,250. The lower boundary, acting as a dynamic support zone, coincides with levels at $90,300, $89,200, and $87,500. This structured price movement suggests that Bitcoin is not only maintaining its bullish posture but is also preparing for a potential breakout above these resistance levels.
### **Resistance and Support Levels in Focus**
At present, Bitcoin is consolidating near the $92,000 level. The area around $91,650 has emerged as a critical resistance zone, with multiple attempts to breach it met by temporary selling pressure. However, a successful breakout and consolidation above this level could serve as the catalyst for another impulsive move higher. On the flip side, support levels at $90,300, $89,200, and $87,500 are likely to cushion any short-term retracements, should they occur.
The recent 7% pullback from Bitcoin’s all-time high (ATH) can be attributed primarily to profit-taking rather than any fundamental or technical weakness. This type of retracement is common in strong uptrends and often serves to reset overbought conditions, paving the way for the next leg higher. Importantly, there are no clear signals pointing to a deep correction at this time, which further supports the bullish case.
### **Liquidity Considerations and Weekend Dynamics**
It is worth noting that reduced liquidity during the weekend (Saturday and Sunday) may introduce some volatility into the market. Historically, weekends tend to see thinner trading volumes, which can result in exaggerated price movements. In this context, Bitcoin could briefly test lower support levels before resuming its upward trajectory. Such a scenario would not be cause for concern but rather an opportunity for bulls to re-enter the market at more favorable levels.
### **The Path Forward: $100,000 in Sight**
As consolidation continues near $92,000, the emphasis remains on the critical $91,650 resistance zone. A decisive break and sustained price action above this level could ignite a fresh wave of buying interest, propelling Bitcoin toward the $95,000-$100,000 range. The technical structure of the market, combined with strong fundamental drivers, supports the notion that Bitcoin’s bullish momentum is far from exhausted.
The cryptocurrency market as a whole remains a phenomenon to watch, and Bitcoin’s ability to carve out new highs while maintaining a measured and consistent uptrend speaks to its growing maturity as an asset class. For now, traders and investors alike should keep a close eye on key resistance and support levels, as well as broader market dynamics, to gauge the timing and strength of Bitcoin’s next move.
BTC Eliot Wave
My Elliot wave impulse theory analysis if this work out it means through the mid end o September we will reach the target of approx. 92K in case of wave 5 extended to the target 3.
Wave 4 Correction Aligns Perfectly with the previous high of 73,781$
After wave 5 we will see an ABC correction that might trigger the end of this cycle.
Calling Danger Area For BtcGreetings, friends,
Based on the weekly analysis presented to you, we can see that the price has reached the PRZ (Potential Reversal Zone) of the Fibonacci and has shown a reaction to this level.
Currently, the price is within a triangle pattern that could also evolve into a rising wedge. Considering the liquidity trendline formed above the 86,000 level, and the fact that within the next two days, we will reach a higher time frame Fibonacci time zone, the 94,000 to 95,000 range could act as a strong reversal point. This might pull the market down temporarily to provide liquidity or even lead to a broader correction (due to reaching the top of the weekly channel).
For this scenario to fail, Bitcoin needs to break above the 95,000 level decisively with strong volume and momentum, paving the way to the 110,000-dollar target.
BTC LONG TP:93450 1HR 16-11-2024Bitcoin analysis on a 1-hour timeframe: This setup is expected to materialize within the next 12 to 16 hours. The target price is set at 93,450, while the stop loss will be positioned below 90,000. It’s crucial to stay vigilant regarding market movements and manage your trades carefully. Best of luck with your trading! #TradingView #Bitcoin
Is Bitcoin's Bullish Breakout a Catalyst for a 90% Rally?
Bitcoin, the world's largest cryptocurrency, has been making significant strides in recent months, with several key metrics signaling a potential for a substantial price surge. Analysts and traders are closely watching these developments, which could propel BTC to new all-time highs.
Key Metrics Pointing to a Bullish Future
A confluence of technical indicators and market sentiment suggests that Bitcoin is poised for a significant upward move. Here are some of the key factors driving the optimism:
1. Classic BTC Price Chart Metrics:
o Golden Cross: A bullish crossover of the 50-day and 200-day moving averages, often seen as a strong buy signal.
o Relative Strength Index (RSI): A momentum oscillator that indicates whether an asset is overbought or oversold. A reading above 70 suggests overbought conditions, while a reading below 30 indicates oversold conditions.1
o Moving Average Convergence Divergence (MACD): A trend-following momentum indicator that shows the relationship between two moving averages.2 A bullish crossover of the MACD line above the signal line is often interpreted as a buy signal.
2. Bitcoin ETF Options Launch: The launch of Bitcoin ETF options has generated significant interest and liquidity in the market. This development could attract institutional investors, who may view Bitcoin as a viable asset class for diversification and portfolio growth.
3. Strong Market Sentiment: Traders and analysts are increasingly bullish on Bitcoin's long-term prospects. Many believe that the cryptocurrency has the potential to reach $100,000 or even higher in the coming years.
Potential for a 90% Rally
Given the strong fundamental and technical factors, some analysts are predicting a 90% rally in Bitcoin's price. Such a move would take the cryptocurrency to unprecedented heights, surpassing its previous all-time high. However, it's important to note that the cryptocurrency market is highly volatile, and price predictions should be taken with a grain of salt.
The Road Ahead
While the future of Bitcoin is uncertain, the recent bullish signals suggest that the cryptocurrency could be on the cusp of a major bull run. However, it's essential to approach investing in cryptocurrencies with caution and to conduct thorough research before making any investment decisions.3
Disclaimer: This article is for informational purposes only and4 should not be construed as financial advice. It's crucial to consult with a qualified financial advisor before making any investment decisions.
Additional Considerations
As the cryptocurrency market continues to evolve, it's important to consider the following factors:
• Regulatory Landscape: Government regulations can significantly impact the price and adoption of cryptocurrencies.
• Market Manipulation: The cryptocurrency market is susceptible to manipulation by large investors and whales.
• Technological Advancements: Technological advancements, such as layer-2 solutions and improved scalability, can positively impact Bitcoin's performance.
• Economic Factors: Global economic conditions, such as inflation and interest rates, can influence the demand for Bitcoin.
By staying informed and understanding the risks involved, investors can navigate the volatile cryptocurrency market and potentially reap significant rewards.
The price target of Bitcoin is $130,000Cup and handle patterns can be seen in the Bitcoin chart and in the weekly time frame
According to this pattern, we can guess the price target of 130 thousand dollars.
Of course, provided that the handle line is cut upwards, which is highly likely
I hope traders don't forget the stop loss