#BTC/USDT Urgent Update!BTC experienced a correction, but it can be seen as just a minor dip compared to the carnage in altcoins.
This kind of surprise is bound to happen along the way. One thing is certain: Bitcoin is far from done, and altcoins haven't even begun to show their real potential.
Looking at the chart, BTC held the support and looks ready for a new ATH.
As long as $90k holds, BTC will likely hit $110- $115k.
Dyor, this is not financial advice.
If you decide to exit now, the only thing you'll likely do in a few months is regret it. Plan wisely.
I will be posting more updates on this week.
If you agree, please click the like button and share your views in the comment section.
Thank you
#PEACE
Btcusdbuy
Bitcoin's Critical Juncture: A $100K Test or a Bearish Turn?
Bitcoin, the world's largest cryptocurrency, has recently reached a critical juncture. Its price action has formed a key support level that bulls must defend to maintain the upward momentum and potentially pave the way for a new $100,000 price push.
A Pivotal Support Level
After a period of consolidation and recent price volatility, Bitcoin has found support at a significant level. This level acts as a crucial line in the sand for the cryptocurrency. If bulls can successfully defend this support, it could signal renewed bullish sentiment and potentially trigger a fresh rally towards the coveted $100,000 price target.
Bullish Resilience
Despite facing headwinds from broader market volatility and regulatory uncertainty, Bitcoin bulls have shown remarkable resilience. The recent bounce from the key support level underscores this bullish sentiment. It demonstrates the underlying strength of the market and the unwavering belief of many investors in Bitcoin's long-term potential.
A Glimpse into the Future: A Golden Warning
However, a closer look at Bitcoin's performance relative to gold raises some concerns. By analyzing historical price patterns, a potential bearish fractal has emerged. This fractal, when compared to previous market cycles, suggests that Bitcoin may be due for a significant correction, potentially as much as 35%.
This bearish signal stems from the fact that Bitcoin's price against gold has reached resistance levels that historically coincided with the start of bear markets in 2018-2019 and 2021-2022. While this fractal analysis provides a valuable perspective, it's essential to remember that market conditions can change rapidly, and past performance is not indicative of future results.
The Road Ahead
The coming weeks and months will be pivotal for Bitcoin's price trajectory. If bulls can successfully defend the key support level and maintain the upward momentum, a new $100,000 price push could be on the horizon. However, if the bearish fractal plays out, a significant correction may be inevitable.
It's crucial to approach Bitcoin investing with a long-term perspective and a risk management strategy. The cryptocurrency market is inherently volatile, and price fluctuations are to be expected. By staying informed, conducting thorough research, and diversifying investments, investors can navigate the complexities of the market and position themselves for potential rewards.
Key Takeaways:
• Bitcoin has reached a critical support level that bulls must defend.
• A successful defense could trigger a new $100,000 price push.
• A bearish fractal suggests a potential 35% correction.
• The cryptocurrency market is highly volatile, and price predictions are uncertain.
Additional Considerations:
• Macroeconomic Factors: Global economic conditions, interest rate policies, and geopolitical events can significantly impact Bitcoin's price.
• Regulatory Environment: Regulatory positive and negative developments can influence investor sentiment and market dynamics.
• Technological Advancements: Ongoing technological advancements in the blockchain space can drive innovation and adoption, positively impacting Bitcoin's long-term prospects.
By carefully considering these factors and maintaining a balanced approach, investors can navigate the complexities of the cryptocurrency market and position themselves for potential rewards.
BTC LONG TP:101000 10-12-2024Bitcoin long position targeted at the 101k zone, with entry points between 93,500 and 95,000. Stop loss placed below 92,500. This setup is based on a 1-hour timeframe, but the expected move could take up to 48 hours to play out. Remember, the entry points, stop loss, and take profit levels are just suggestions - feel free to adjust them to fit your own trading strategy. Stay vigilant and manage your risk carefully. #Bitcoin #Trading
BTC LONG TP:101000 10-12-2024Bitcoin long position targeted at the 101k zone, with entry points between 93,500 and 95,000. Stop loss placed below 92,500. This setup is based on a 1-hour timeframe, but the expected move could take up to 48 hours to play out. Remember, the entry points, stop loss, and take profit levels are just suggestions - feel free to adjust them to fit your own trading strategy. Stay vigilant and manage your risk carefully. #Bitcoin #Trading
#BTC - Ready to pivot and head to 108k
In my latest post I mentioned that we might visit 93-95k. Sadly for alt coins that resulted in a massive bloodbath, but fear not, it is a healthy pullback meant to clear leverage, that will fuel the next move on #BTC
What's next for BINANCE:BTCUSDT ?
1. After the reaction swing high to 102k price now retraced into the 0.618 zone
2. It also fits perfectly on the fib time zone, and as we've seen in the past, it signalled almost perfectly the reversal in the trend
3. Given the massive sell-off from alts, I believe now it has enough strength to move to the extension zone which is around 108k
4. Based on the impulse we should know if it's just a manipulation or it will continue to go higher
Personally I think we should see another sweep from 108k to 90-95k, and only afterwards we can continue higher to 120k
What are your thoughts?
BTC/USD LONG SET UP BITCOINTitle: BTC/USD BUY (BITCOIN)
Asset: Crypto
Symbol: BTC/USD
Order Type: Buy Limit
Time Frame: 1D
Platform: Coinbase or MT4
Entry Price 1: $95,500
Entry Price 2: $90,500
Stop Loss: $85,500
Take Profit 1: $100,500
Take Profit 2: $105,500
Take Profit 3: $115,500
Status: ACTIVE
BTC Bitcoin: Is the Bullish Breakout Here to Stay?👀👉 Bitcoin (BTC) has been gaining strong momentum, with a confirmed bullish breakout in market structure on the daily and 4-hour charts, reaching new all-time highs. My outlook remains bullish as I monitor a potential retracement into the Fibonacci 61.8% zone for an ideal entry point. In this video, we provide a detailed BTC analysis and explore how to trade Bitcoin effectively, breaking down strategies to capitalize on the current bullish trend. Whether you’re an experienced trader or new to the crypto markets, this guide will refine your trading approach and improve your confidence in navigating Bitcoin's price action. Not financial advice.
BTC LONG TP:105k 2 HRS 07-12-2024I am targeting a long position at 105k, with the expectation that it will materialize within a timeframe of 40 hours. If the move does not occur within that period, the analysis will be deemed invalid. Keep in mind that both the take profit and stop loss are merely suggestions, so feel free to adjust them according to your own trading strategy. Stay vigilant and make informed decisions. Good luck! #Bitcoin #Trading
$BTC to the moon In the previous analysis of Bitcoin, we mentioned that after breaking this strong dynamic resistance, Bitcoin would experience its maximum growth. Bitcoin has broken through this dynamic trend and confirmed its upward move after a retest. Be sure to check the previous analysis. Bitcoin is set to hit an all-time high soon. Expect Bitcoin to reach between $90,000 and $100,000.
BTC TO REACH $108,350BTC is at an ATH, currently hovering at around $100k with a daily candle looking to close above the previous major resistance level of $99,485, turning that key level into a support for the future market.
This is an area we should be wary of, considering all factors especially the volatility it will bring with mass liquidation as well as new entry's both short and long. From simple price action analysis there is confluence that the market can continue bullish, coupled with fundamentals revolving around BTC & crypto in general, i would say the market is still bullish.
We were always going to see relief periods caused by liquidation and positions being closed & targets being hit so a pull back around $100k was always predictable as it is such an obvious target for traders. Now that the market is looking to close above the key level of $100k it does present certain opportunities.
IMO there are multiple factors that point to a pull back to around the $96,755 area. The lower time frames indicate a confirmation in trend change as the 9/21 SMA's have crossed, the market is experiencing relief and the fib shows this level would complete a 61.8% pull back. There is also the possibility of a large amount if liquidity in this real in the form of retail traders stops being placed here from long trades after breaking the $100k level, it is possible the market makers will want to take these out before returning to a bullish state.
Therefor if the market does pull back to the $96,755 level and reject the fib / key levels i would look to enter again into BTC for a clear push back through $100k with a target set at $108,350, taking % of profits along the way to reduce risk.
BTC/USD Trading Plan for todayTrading Plan:
1. General Strategy
Capital Allocation: Allocate 20% of capital to short-term trades (timeframes ≤ 1h) and 80% to longer-term trades (timeframes > 1h).
Risk Management: Use a stop-loss of 1% below entry price for long positions and 1% above entry price for short positions to limit risk.
2. Timeframe-Based Strategy
5min, 15min, 30min (Prediction: UNKNOWN)
Action: Wait for more data or pattern confirmation.
Rationale: No clear prediction; avoid entering speculative trades without sufficient evidence.
1h (Prediction: DOWN)
Action: Enter a Sell Position
Entry Price: Current market price.
Take Profit Price: 99,670.37 USD.
Stop-Loss: 1% above entry price.
Reasoning: The prediction indicates a downward movement of 544.77 USD within approximately 44.81 minutes.
4h (Prediction: UP)
Action: Enter a Buy Position
Entry Price: Current market price.
Take Profit Price: 100,936.82 USD.
Stop-Loss: 1% below entry price.
Reasoning: The prediction suggests an upward movement of 721.68 USD within approximately 86.84 minutes.
1day (Prediction: UP)
Action: Enter a Buy Position
Entry Price: Current market price.
Take Profit Price: 100,559.25 USD.
Stop-Loss: 1% below entry price.
Reasoning: The prediction forecasts an upward movement of 344.11 USD within approximately 95.66 minutes, providing a medium-term opportunity.
3. Monitoring and Adjustments
Frequency of Monitoring:
For short-term trades (≤1h), monitor every 10 minutes.
For longer-term trades (>1h), monitor every 30 minutes.
Adjustments: Reassess if market sentiment, volume, or pattern confirmation diverges significantly from the prediction.
Now Funding Rates Have Fixed, Where Were We?Now that BTC USDT funding rates have fixed, where were we?
Bitcoin's funding rate normalization is a positive signal for market stability, often indicating that extreme sentiment (either bullish or bearish) is cooling off. This creates a more balanced environment for the next major move.
Resistance and the 110K Target
If the key resistance level you are watching breaks, the idea of a path to $110K becomes plausible under certain conditions:
Momentum Confirmation: A strong breakout above the resistance with high volume and no immediate rejection is crucial.
Market Sentiment: If the broader sentiment shifts positively, it could drive significant buying pressure.
Macro Factors: Bitcoin's trajectory could be influenced by external factors like macroeconomic data, institutional adoption, or regulatory clarity.
See how Latest BTC Analyzes hit TP
Latest Bitcoin Analyzes
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
BITCOIN on weekly timeframehello dear trader and investors
This is my personal opinion about Bitcoin... The price has engulfed the previous high and formed the QM pattern in the weekly time frame...
In my opinion, the next target can be made from the combination of RTM price action and harmonic patterns( ab=cd ) came to this conclusion...
Considering the difficulty of the network and having , I think it is very good to buy bitcoin in several steps..
good luck
100K+ BTC 30m ANALYSIS 06/12Analysis:
Historical day for BTC, smashing the 100k.
I strongly believe all of December we will see BTC fly to $110K+.
In the analysis I've identified a great potential long position I will be looking to take if price comes back into my supply zone , respects and closes inside or above the SR . This is a great 1:6RR and even in the event price does create a LL below M30 Swing Low I will be looking for more long positions with the same target of M30 Swing High .
If the move is successful I would suggest it will tap our supply zone and should fill the entire position within very few candles.
To consider:
$100K+
FOMO
M30 Swing is LL
Trump and News Speculation
BTC 4Hr Intra Day AnalysisChart Analysis:
1. Projection Overview:
The chart projects a bullish wave count for Bitcoin (BTC/USD), aiming for a long-term price target potentially reaching $144,742.10 and beyond, based on the Fibonacci extensions.
The next critical wave (Wave V) targets key Fibonacci levels above $109,418.14, with potential retracements near $98,047.90 before continuing upward momentum.
2. Support and Resistance Levels:
Key Support Zones: $81,499.25 (Wave IV potential bottom) and $89,369.85.
Major Resistance Levels: $109,418.14 (261.8% Fib), $144,742.10 (361.8% Fib), and $172,062.13 (423.6% Fib).
3. Market Context:
Wave III has completed a strong bullish run, while Wave IV anticipates minor consolidation before the anticipated breakout into Wave V.
A Fibonacci retracement of 23.6% ($98,047.90) aligns with a healthy correction phase in bullish trends.
---
🚀 Bitcoin Price Forecast 🚀
The King of Crypto is eyeing new ATHs! 📈
Next major targets: $109,418 and $144,742!
Watch for healthy retracements around $98,047 as we gear up for Wave V! 🌊
HODL or FOMO? Let us know in the comments! 🔥
Analyzing Bitcoin's Bullish Trajectory: Is $110,000 Achievable? Bitcoin's Bullish Trajectory: A Path to $110,000?
Bitcoin, the world's largest cryptocurrency, has recently shown signs of renewed strength, with 30-day trader profits returning to a "healthy" range. This resurgence of bullish sentiment has reignited speculation about Bitcoin's potential to reach the coveted $110,000 milestone.
The Return of Profitable Trading
After a period of market volatility and declining profitability, Bitcoin traders have once again begun to experience positive returns over a 30-day period. This shift in market dynamics indicates a growing number of traders are capitalizing on the cryptocurrency's upward momentum.
Key Factors Driving Bitcoin's Bullish Run
Several factors are contributing to Bitcoin's bullish trajectory:
1. Institutional Adoption:
o Increased Institutional Interest: A growing number of institutional investors, such as hedge funds and corporations, are allocating a portion of their portfolios to Bitcoin. This institutional interest provides significant support to the cryptocurrency's price.
o Regulatory Clarity: As regulatory frameworks for cryptocurrencies continue to evolve, institutional investors are gaining more confidence in the asset class.
2. Network Upgrades and Scaling Solutions:
o Layer-2 Solutions: The development and implementation of layer-2 scaling solutions, such as the Lightning Network, have the potential to significantly enhance Bitcoin's scalability and transaction throughput.
o Network Upgrades: Regular network upgrades and protocol improvements aim to optimize Bitcoin's performance and security.
3. Global Economic Uncertainty:
o Inflationary Pressures: Rising inflation rates and economic uncertainty have led investors to seek alternative assets, including Bitcoin, as a hedge against inflation.
o Geopolitical Tensions: Geopolitical tensions and global conflicts can also drive demand for Bitcoin as a decentralized and borderless asset.
4. Positive Market Sentiment:
o Bullish Sentiment: A prevailing bullish sentiment among traders and investors has contributed to Bitcoin's price surge.
o FOMO (Fear of Missing Out): As Bitcoin's price continues to rise, FOMO can drive further buying pressure and accelerate the upward trend.
The Path to $110,000
While $110,000 may seem like a lofty target, several factors could propel Bitcoin to this milestone:
• Sustained Institutional Adoption: Continued institutional investment and increased mainstream acceptance can drive significant price appreciation.
• Successful Network Upgrades: Successful implementation of network upgrades and scaling solutions can enhance Bitcoin's utility and attract more users.
• Favorable Regulatory Environment: A supportive regulatory environment can foster innovation and encourage further investment in the cryptocurrency industry.
• Strong Fundamental Factors: A robust economy, low interest rates, and geopolitical tensions can all contribute to Bitcoin's appeal as a safe-haven asset.
Conclusion
Bitcoin's recent price surge and the return of profitable trading activity have reignited optimism among investors. While the $110,000 milestone is not guaranteed, the confluence of favorable factors suggests that Bitcoin has the potential to reach new heights. However, it is crucial to approach cryptocurrency investments with caution, conduct thorough research, and diversify one's portfolio.
MSTR following up with the bulls,dont try to counter the market!MSTR has been doing fantastically, so in the mid/short term overview until End of December / End of January - I am forecasting the bull run in crypto to continue, and as follow the bull run would continue with MSTR as well due to the fact as how centered they are with BTC.
Entry on market open -
Target 1 : 460$ per share
Target 2 :560$ per share
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
The Moment of Truth – New ATH Incoming?The time has come for Bitcoin to challenge and potentially break through its key resistance level. Market sentiment, combined with technical strength, suggests that a new all-time high (ATH) might be closer than we think.
Why BTC Could Break Resistance:
Global Momentum: Increasing institutional interest and macroeconomic factors are supporting a bullish outlook.
Volume and Buyer Strength: Recent trading activity shows strong buyer interest near critical levels, hinting at sustained demand.
ETH’s Time to Shine:
Meanwhile, ETH is poised for a resurgence. After a period of underperformance, ETH is no longer being "crushed" by market pressures. With significant developments in its ecosystem and renewed interest, it’s time for Ethereum to perform better and reclaim its standing in the market.
What to Watch For:
BTC breaking resistance with conviction could signal the start of a broader market rally.
ETH following suit could lead to an impressive recovery and potentially outperform BTC in the near term.
The markets are at a tipping point—let’s see how this plays out!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
BITCOIN HITS $104K, Target $114-115k!🎉BITCOIN HITS $104K 🎉
Year 2018: “Bitcoin is going to $100k!” – It dumped after reaching $19,878.
Year 2021: “Bitcoin is going to hit $100k!” – It dumped from $69,880.
Year 2024 (Dec 5th): Bitcoin has finally hit $104k.
We did it, folks! We won! 🙌
The patience and perseverance of this community is truly extraordinary.
Remember when we said governments would adopt Bitcoin one day? It’s happening now.
$100k was once a Crypto trader’s dream; now it’s a reality.
If you've been grinding through this for years, you're a real champion. Learn from your mistakes and never let anyone bring you down. You are amazing, believe in yourself. Money follows those who stay resilient.
For me, it took two full cycles to make life-changing wealth. The skills and lessons learned along the way are priceless.
If you're still struggling, don’t worry, stay with me this cycle.
Looking at the chart, $114k seems like a reasonable target before any potential corrections if you analyze the structure. Although no one can predict for sure.
Congratulations again! 🎉
If you’re reading this, you’ve made it. Please share it and like it if it resonates with you.
Thank you.
#PEACE
BTC LONG TP:101000 2HR 02-12-2024Looking to take a long position at 101,000, with entry points between 94,000 and 95,000. A stop loss is recommended at 93,000. This analysis is based on a 2-hour timeframe and will be invalidated in 40 hours if it doesn’t play out. Remember, the entries and stop loss are merely suggestions, so feel free to adjust them to fit your trading strategy. Stay focused! #Bitcoin #Trading
BTC 30m ANALYSIS 04/12Analysis:
Inside of the M30 Swing highs and lows we have noticed an internal change of character. Price was creating LH + LL. Now we can see its broken out of this pattern and is creating HH + HL, keep in mind this is still LH in relation to the M30 swing High. This could just be a correction. Overall I think this would be a great opportunity to Buy because as we are approaching $100K fomo will set in and crypto speculation and regulation nearing will set this off the charts. I think long term we can expect to see BTC $250k+ before 2030.
I've used the potential area of resistance as TP1 and secured partial profits however now I'm closely watching to see if we will break out of this uptrend and potentially see a LL.
To consider:
Almost $100K
FOMO
Crypto Regulation Near
Pullback or Bearish trend?