Bitcoin| my opinion.I think in the near future (1-5 days) we will go down to the 40900 level, then we will need to look from this level.
It's a work of fiction its nor financial recommendation.
BTCUSDH2025 trade ideas
Shocked @ $BTC and #crypto hit today?Good Morning!!!!!!!
In reference to the rout #crypto is taking, everyone's playing Monday morning quarterback.
The post quoted, pls see more info on our profile page, wasn't the 1st post with warning!!!
We had mentioned the breakout had a lot of selling with little buying to support holding the move. CRYPTOCAP:BTC gave up a large chunk of the gains.
We also spoke on #BTC $ flow lessening & the weakening RSI.
The CRYPTOCAP:BTC RSI looks to cross sub 50, it must hold 40ish area.
#BTC $ Flow hasn't looked good at all, buy on the rumor and sell news. Could be what's happening.
#Bitcoin forming a BEARISH ENGULFING. Recall NASDAQ:NDX did this and was walloped for a bit before recuperating. KEEP and EYE ON VOLUME TODAY!
Weekly, Bitcoin has formed an outside week, more on this later.
AMEX:BITO
BTC1!In hindsight, that break below 46140 at 15:00 UTC January 2nd was the textbook Wyckoffian crack of the ice pre-distribution.
Now that we're here, it's important to note that this dip filled gap at last Friday's close, deviated below and reclaimed mid of whole move in testing it as support, which makes me think the distribution is done for now.
So long as can keep closing above mid we'll bounce back from this stronger.
Still think 618 before 3xxxx.
Bitcoin's Bullish Surge: Potential Targets and Path AheadBitcoin has surged beyond a symmetrical triangle, hinting at a potential target around 48500. This aligns well with the March 2022 high of 48475, marking an initial upward goal. Moreover, there's room for further growth if we consider the prior rally as a flagpole and the recent consolidation as a midpoint, indicating potential for Bitcoin to advance even more.
Should Bitcoin surpass the 48500 mark, it could pave the way for a push towards 57555, which stands at the 78.6% retracement level of the entire downward movement from the November 2021 peak to the November 2022 low.
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Bitcoin short from 47k in cme futures.The retest that i was waiting during the year of 2023 has just been met .
Even though i expected that retest to occur during the may or june of 2023 at 40k level, bitcoins price has just hit 47k in cme whilst on other exchanges it remains at 46k level .
I do believe this is bitcoins final push to the upside ,and this is a major sign for more downside to come .
Now all i think about is the gap at 20k level.
Now short mode is ON , every push to the upside is a short position for me.
The big short is coming , closer than ever , also waiting for 10th of january where i do believe that is priced in , and once etf approves it, btc will plummet just like it did in 2017 with cme futures.
BTC held the 44kish call for 2023, 48-50k next before pauseGood Evening/Morning!
The call for CRYPTOCAP:BTC topping around the 44k range for 2023 was GOOD!
1st trading day and #bitcoin rips higher!
How's that for coincidence, huh?
The call for #BTC being in a temp pause & in a CONTINUATION pattern was GOOD!
IMO, the next level that #Bitcoin is most likely to test is the 48k with a good possibility of hitting low 50k area.
Let's continue.......
The RSI is still trending lower and $ Flow is not that great either.
Things can change though...
Why 48-50k? Arrows show the areas of resistance.
Even after breaking above this staunch resistance area, 50kish, Bitcoin didn't trade very long above it.
More on what we think later.... Still time...
For more info visit our profile page...
Insights into Bitcoin Futures as 2024 brings new regulations inIntroduction to Bitcoin Futures
Bitcoin Futures represent a significant intersection of traditional financial markets and the innovative world of cryptocurrencies. They allow traders to speculate on the future price of Bitcoin, providing a way to hedge against price volatility or to profit from price movements. As we step into 2024, the potential approval of spot Bitcoin ETFs is poised to further transform the landscape for Bitcoin Futures.
The Impact of Spot Bitcoin ETF Approval
Spot Bitcoin ETFs are directly tied to the current price of Bitcoin (spot price). Their likely potential approval by U.S. regulators could have substantial implications for the Bitcoin market. Firstly, it's expected to increase market liquidity by providing an accessible avenue for traditional investors to enter the cryptocurrency space. Secondly, it could lead to greater price stability and potentially higher prices due to increased demand. However, it's also important to consider the potential risks, such as amplified market reactions to regulatory news and changes in the underlying asset.
Parallel Analysis of Other ETFs
To understand the potential impact of a Bitcoin ETF, it's instructive to look at the introduction of other commodity and currency-based ETFs:
GLD (Gold ETF): Following the introduction of GLD, which is linked to COMEX Gold Futures (GC), the gold market saw increased liquidity and interest from new investor segments, contributing to significant price rallies.
GLD Performance Chart
SLV (Silver ETF): Similar to GLD, the introduction of SLV, linked to COMEX Silver Futures (SI), led to increased investor participation and price movements in the silver market.
SLV Performance Chart
FXE (Euro ETF): Linked to CME Euro Futures, FXE provided investors an easy way to gain exposure to euro currency movements, affecting trading volumes and price volatility.
FXE Performance Chart
USO (WTI Crude Oil ETF): Tied to NYMEX WTI Crude Oil Futures, USO's introduction affected the oil market by providing more access and potentially contributing to price movements during significant market events.
USO Performance Chart
Historical Implications for Bitcoin
The history of these ETFs suggests a pattern: the introduction of an ETF could lead to increased market participation and, often, significant price movements. For Bitcoin, the approval of a spot ETF could similarly increase market participation and price volatility, at least in the short term. Over the long term, it could help stabilize and mature the market as more institutional investors get involved.
Forward-Looking Insights
Given the potential approval of spot Bitcoin ETFs, traders and investors in Bitcoin Futures might expect several scenarios. An immediate increase in volatility could be likely as the market adjusts to the influx of new participants. Over time, we might see a more liquid and stable Bitcoin market.
Planning for a Risk-Defined BTC Opportunity:
Risk Management : Experienced traders prioritize risk management. Using stop-loss orders or hedging techniques is imperative to avoid undefined risk exposure.
Precision in Entries and Exits : Aligning entries and exits with relevant market price levels can help manage risk. When a price point generates a bounce, the trader stays in the trade; if a price level is violated, the disciplined action is to exit the trade promptly for a predetermined loss.
Relevant Price Levels for BTC : Currently, BTC shows relevant resistance levels starting at 51,585 and support between 39,640-34,295.
Proposed Trade Plan:
ENTRY: 39,640
STOP-LOSS: 34,295
TAKE PROFIT TARGET: 51,585
This trade plan offers a 2.23 Reward-To-Risk ratio, providing a structured approach to capitalizing on potential market movements.
In order to manage risk and use the right contract size, traders need to take into consideration the Point Value for BTC Futures being $25 per point.
Traders should prepare for both the opportunities and risks this change could bring, considering strategies that allow flexibility and risk management.
Conclusion
The potential approval of spot Bitcoin ETFs in 2024 is set to make waves in the Bitcoin Futures market. Drawing parallels from the history of other ETFs, we anticipate increased market participation and potential price movements. As we navigate this evolving landscape, staying informed and adaptable will be key to capitalizing on the opportunities and navigating the challenges ahead.
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes, forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
$BTC_F: Bitcoin CME futures chart is strongBitcoin futures chart looks TREMENDOUSLY bullish...
I was looking at protective puts in case of a negative SEC decision causing a black swan decline but this chart makes me think it's not necessary to buy insurance here. (although payoff was like 22 to 1 for OTM puts expiring by Jan 12th)
If this signal here works, the 'Explosion Pattern' in the latest accumulation pattern suggests a 2 to 3x target range move within 13 trading sessions.
Crossing fingers, let's see if this analysis is correct, weight of evidence across the board is with the bulls here.
Cheers!
Ivan Labrie.
BTC liquidation map Hello! I am still adhering to our previous idea, but with a slight emphasis on a new perspective. Instead of focusing on traditional analysis, let's pay attention to liquidity zones and potential opportunities for correction.
Let's consider the liquidation map: we are focusing on 34k as a key level, where the largest liquidation of long positions is observed, estimated at over 6 billion! This confirms that the majority of market participants are still choosing long positions. And this is indeed a smart move, as our trend is long. We must act in accordance with the trend and not look for reversal points unnecessarily.
But, as you know, I always strive to be prepared for any scenarios. Therefore, I have left a limit order in this potentially key area to be ready for unexpected market movements.
👉 Remember: flexibility and adaptability are the keys to success in investing. Stay tuned for updates!
Days before BullBull gon be the next few days , btc will continue the corecction , after that will break the higher resistance zone and reach to 49-52k ,Then Dumps to the 20's k
btc 2 year price predictionrandom predictions for 2024 and 2025 for bitcoin
189k by 10/13/2025
Bitcoin ETF approval coming january 8th, trading january 15th. 100k by end of year.
Lil more data on BTC and ETHAdding more to previous post
Did not notice the CRYPTOCAP:BTC DAILY $ FLOW - Kinda gross, really fell off.
#BTC RSI has been weakening for a bit, we've mentioned this few times.
#bitcoin is once gain testing the Green Mov Avg.
CRYPTOCAP:ETH RSI & $ FLOW, like BTC, is weakening.
Volume has been trending lower.
#ETH is still on an uptrend but it is facing pressure.
Weekly, #ethereum is still okay but consolidation is very likely.
#crypto
Please see profile for more data. More info there.
BTC1!Each of last 3 weeks we've sold off after CME open to test lower bound of this parallel channel that has supported price since late October..
This week's selloff includes a convenient backtest of the mid of the whole move (50% retrace of all-time high from lows), which is good place to position long from imho
Will we simply reclaim lower bound of channel and then send to upper bound of channel? Or is this time different?
My money is on upper bound of channel next..
Bitcoin is Mooning and will Moon MoreEven though many investors are skeptical about the rapid rise of Bitcoin, from our perspective, the primary coin has established a stable upward trend that is unlikely to end soon.
It is anticipated that there may be another pullback to the $38,000 range to fill the futures gap.
Additionally, this area represents a zone of high liquidity. Overall, it currently appears that the price will subsequently continue its upward trend.
Price targets are in the range of the all-time high (ATH) from November 2021 and potentially beyond.
Bitcoin Futures: A Quantitative Approach to Analyzing BTCIntroduction to Bitcoin Futures
Bitcoin, the pioneering digital asset, has carved a niche in the financial markets with its futures contracts. Bitcoin Futures provide traders and investors a regulated avenue to speculate on the price of Bitcoin without holding the actual cryptocurrency. This article delves into a quantitative analysis to analyze the next week's potential value of Bitcoin Futures, employing a sophisticated Neural Network model.
Current Market Landscape
The Bitcoin market is known for its rapid price movements. Recently, regulatory news, technological advancements, and shifts in investor sentiment have contributed to market fluctuations. Understanding these trends is crucial for traders looking to navigate this dynamic landscape.
Quantitative Analysis of BTC Futures' Potential Price Movements
Neural Networks & Machine Learning: At the heart of our quantitative approach is a Neural Network model. This model has been trained on historical weekly data of Bitcoin Futures, including key price points and other relevant market indicators.
Data Preprocessing: To ensure accuracy, the data underwent rigorous preprocessing, including normalization to make it suitable for the Neural Network. This step is essential in highlighting the true patterns and trends in the data without noise or scale issues distorting the model's view.
Model Training: Our model was trained over 500 iterations, adjusting its internal parameters to minimize prediction error. This training process involved feeding the model historical data and letting it learn from the actual price movements.
Evaluation and Prediction: After training, the model's performance was evaluated. The actual prices were compared against the model's predictions to assess robustness. This evaluation is crucial in understanding the model's reliability.
Impact of External Factors
Bitcoin Futures are affected by a range of external factors, including regulatory changes, market sentiment, and technological developments. These factors can cause sudden and unpredictable market movements, making the analysis of future potential prices challenging. Our model takes into account the historical impact of these factors, but it's important to remember that unforeseen future events can lead to deviations from predicted values.
Forward-Looking Market Views
Based on our Neural Network's learning and the recent market data, the model predicts that the value of Bitcoin Futures for the next week will be around "$44,026.60". This prediction is visualized in our graph comparing actual prices against predicted values over time, providing a clear view of the model's accuracy.
Given the fact that the current value of BTC is slightly under 43,000, a trader could plan a long trade targeting 44,026.60 as their exit price. Entries could be taken in many ways such as utilizing key technical supports or waiting for breakouts above key resistance price levels. In all cases, a professional approach to taking risk in the marketplace always require managing such risk using stop-loss orders and making sure the trade size has been pre-calculated. There are many more options on how to have a contingency plan in place in case BTC moved in the opposite direction our AI expected it to. More on this in future articles.
The model's learning curve, depicted in the accuracy graph, shows how the prediction accuracy improved over training iterations, reflecting the model's increasing proficiency at understanding the market.
Conclusion
Our quantitative analysis, utilizing a sophisticated Neural Network model, provides a prediction for the next week's value of Bitcoin Futures. While this prediction is grounded in historical data and advanced algorithms, it's important for traders to consider the inherent volatility and unpredictability of the Bitcoin market. The predictive model is a powerful tool, but it should be used as part of a broader strategy that considers market news, economic reports, and other indicators.
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes, forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
$BTC setting up for.......Let's examine CRYPTOCAP:BTC #BTC
1 - it is still trading higher on that trendline, good news.
2 - it has formed a Symmetrical Triangle formation.
We've shown these before, best example was TVC:VIX , it cratered since the break.
These can really pack a punch. Have to keep an eye in the direction that they break, they do tend to be CONTINUATION patterns!!!
IMO #bitcoin could be setting up for 2024
PART 2
CRYPTOCAP:BTC WEEKLY:
RSI looks okay
Not exactly like mid 2019 or late 2020 but there's SOME resemblance.
#BTC $ flow looks pretty good.
If it stays here, historically it has a pause and then pushes higher
Then we reach the higher level, thick yellow line, where #bitcoin tends to peak.
BTCBTC looks ready to send from here up to 618 of the whole move before end of year
Lots of confluence with 618 -- MID of MID and Third Quarter as well as upper bound of current parallel channel
Has a variety of gaps that remain unfilled as additional incentive
We could also see it blow out the top of upper bound of channel to fill these gaps, stretching up to Third Quarter, which would be a great sell, and probably where the ETH/BTC strength picks up in earnest
BTC about to rally Bag holding candle appeared after Healthy correction which considered a sign of strength Targeting the equal High as a start then New Local High around 47k+
$BTC waiting for confirmation BTC is in a difficult moment right now but i am thinking this is distrubution fase where whales are going to take money out of the market over a certain period of time.
Historically speaking almost all CME gaps get filled again. I am thinking that after the first rush in december was the high for this month put in the first couple days.
I am thinking we still will see the low of december since the momentum of the market down is after the first days of december
We will see if we finish this downtrend up until the CME gap is filled and we get another point where people are willing to buy again and the liquidity can be refreshed again.
I also need to say that the month december historically is down. History repeats itself and that you cannot ignore.
$BTC route plans leading into Santa'sProjected CRYPTOCAP:BTC route as Christmas approaches. Fill both recent CME gaps, quick H&S down taking out Monday's low and then some, up to take out the yearly high, resulting in a weekend rally and a very Merry Christmas.
Bitcoin Has To Fill Some December GAPsA CME gap for bitcoin refers to a price discrepancy that occurs on the Chicago Mercantile Exchange bitcoin futures chart between the closing price of one trading day and the opening price of the next trading day.
Gaps occur because the bitcoin spot market trades 24/7 on various centralized exchanges, from which CME derives its Mark Price, while the futures market only trades Sunday through Friday, from 6:00 pm to 5:00 pm ET.
Some believe that gaps on the CME chart can act as significant support or resistance levels, as prices typically tend to fill the gap at a future date. Others argue that CME gaps are simply a technical phenomenon with no real predictive value.
Bitcon CME Futures chart made some GAPs in December, which can get filled in upcoming days/weeks and it can be very interesting to follow. We think that wave C can now fill the GAP from December 3rd and then when correction is completed and bulls back in play, then it can fill the GAPs from December 17 and December 10.
$BTC weakening a bitCRYPTOCAP:BTC hasn't traded under the RED Moving avg much since breaking above it in Oct of 2023.
We did warn on weakening RSI a few times.
Weekly, #BTC looks very similar to #ethereum.
However, unlike #ETH, it's finally getting out of OVERBOUGHT territory.
Might get lil ugly before it gets better.
#bitcoin does have a history of falling big once leaving overbought territory.
