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BULLUSD trade ideas

SCENARIO 2- BITCOIN WEEKLY CHART (STRONG MOMENTUM to the upside)In this analysis I see a Cup and Handle formation likewise a Bull Flag formation ((reason why i foresee next (highs) target for Bitcoin to be within the 100k-104k range)). As for Cup & handle price objective sits at 125k. We see how PA unfolds in the coming weeks and months. Bitcoin has gathered strong momentum to the upside. No doubt there will be retracements on its journey but caution is required when SHORTING Bitcoin at this time.
BITSTAMP:BTCUSDLong
by GhosTrader_GT
Bitcoin diminishing return?Bitcoin is famous with its cycles, halving and huge returns. Since 2012 price has gone up from 2$ to 90,000$. Each cycle starts with halving and then price goes up by hundreds or thousands percent and then come back down. Since 2012, we have completed three cycles and we are in the fourth one. In the first cycle, the lowest price was 2$ and then jumped to 1160$, this was a 52,287% increase! The next cycle from bottom to top we had 12,511% increase. The third cycle had 1,921% increase. The pattern seems clear. Each time the return is diminishing by 4 to 6 times: 52287 divided by 12511 = 4.17 12511 divided by 1921 = 6.5 That means in this cycle the increase from the cycle bottom at 15,500$ should have been between 320% to 480% (this number comes from 1921% divided by 4 and 6). A 320% to 480% increase from 15,500$ is 70,000$ and 95,000$ respectively. Bitcoin is well beyond the first target at 70,000$ and at the moment of writing this, is only 5,000$ short of 95,000$. However, there is a problem with diminishing return theory. To make it more clear let's look at this theory from market top perspective. In the last two cycles, market top to market top, have had 1,900% and 356% return. That means the return diminished by 5.5 times. If the same thing were to happen again it means the current market top should have only been 65% (356 divided by 5.5) of the previous market top. That means the current market top should be 45,000$. Now the same thing will happen to market bottom to top if you believe that market has diminishing return. Based on this theory in the next cycle from market bottom to top there only will be around 80% to 120% increase and the cycle after only 25% to 75% increase from bottom and so on. That means at some point the price will never reaches even back to the previous cycle top. This is very unlikely given that bitcoin will only be more scarce and the global money supply will only increase.
BITSTAMP:BTCUSDLong
by Mo_reza_kaz
The Halving's Effect On Bitcoin's PriceThis chart highlights Bitcoin's trend related to the halving, with dates of the three happenings represented by vertical black lines. The trend is based on the 2016 - 2020 cycle. From the date of the halving, I mapped how many days it took for certain events to occur. Green: Halving to Next All-Time High (518 days) Orange: Halving to Bear Market Breakout (994 days) Red: Halving to Cycle Low (882 days) Purple: Lowest Time During Cycle (112 days) Blue Arrow: Cycle High to Next All-Time High (1,085) Teal: Cycle Low To Next Cycle High (1,064 days) I then copied and pasted these timelines onto the rest of the halving cycles & noticed that each of them have been correct +/- 30 days. There are purposely no price targets in this chart, only date targets. Keep it simple. It's all just supply and demand. Here’s a breakdown of the human psychology that drives this price action cycle after cycle. Year 1 after halving: The halving happens and let’s assume demand for Bitcoin stays consistent with the previous year. The supply is growing at only 50% the rate it used to. The laws of supply and demand say that price goes up. That’s historically been the case the year after the halving. Year 2: With the price having gone up over the past year, word of mouth begins. Whispers of an investment going up ~3x in a year spreads through group chats and conversations with friends. New folks want to make money too, so they buy, driving demand up. Year 1 & 2 are where most of the price increase happens. Year 3: What goes up, must come down. Folks who bought two years ago could be up 5,10x, 20x on their initial investment. They begin cashing in, and demand starts to slow down. People begin to lose money and decide to sell, causing many others to do the same. Demand is way down, and so is price. Year 4: With price having gone down 50-70% the year before, long-term investors are scooping up crypto at a great price if they plan to hold until the next cycle. With those investors bringing demand back to life, price begins to go up. WIth the halving coming soon, the cycle starts over again.
BITSTAMP:BTCUSDLong
by ezrafuller
The number 1400 in the Bitcoin chartThe pattern where there is a roughly 1,400-day interval between two peaks or two bottoms in Bitcoin cycles aligns with Bitcoin’s four-year cycles. These cycles are usually associated with the Bitcoin halving event, which occurs approximately every four years and reduces the rate at which new Bitcoin is created. Historically, this event has been followed by new bullish trends in the Bitcoin market. In Bitcoin's four-year cycles, the general trend is as follows: Halving: A reduction in supply due to the halving of mining rewards increases demand and initiates an upward trend. Bull Run: Bitcoin’s price rises rapidly and reaches new highs. Correction and Decline: After reaching a peak, the market usually enters a corrective phase, and prices decrease. Bottom Phase: Prices gradually reach a bottom and stabilize for a while until a new cycle begins. These cycles, with approximately 1,400 days between two peaks or two bottoms, are consistent with Bitcoin’s historical patterns. However, as the market matures and more institutional players enter, these cycles may evolve, but so far, the pattern has remained.
BITSTAMP:BTCUSDLong
by TradeEngineering
My old forecasts on BItcoin price#BTC #USDT In the longer term (5+ years), Bitcoin has the potential to become a global reserve asset, competing with traditional financial systems. If it continues to gain mainstream acceptance and its limited supply becomes more recognized as a hedge against inflation, Bitcoin could reach unprecedented highs. Price projections could see Bitcoin's value surpassing $200,000 or even approaching $500,000, depending on global economic shifts, the evolution of blockchain technology, and the overall state of the financial markets.
BITSTAMP:BTCUSDLong
by Volkonskiy_
BTC triangle theory - the big pictureBitcoin seems to be regressing to the mean with the latest bull run. On a logarithmic view, a linear or even exponential upward trend can appear as a gradually flattening or asymptotic curve (the white line that bisects the highs and lows). This trend is identified by smoothing out the price history with a geometric "best fit" and with trend lines (in dark green) that can be drawn retrospectively extending from prior lows to subsequent highs. Extrapolating this pattern onto the recent BTCUSD chart, and with weekly closing prices as a guide, we see that bitcoin is now once again approaching (at around $90K USD) the mid-region of its potential for historic gains. The top half of these gains have been highlighted with a triangle, which in each cycle features a base along the smoothed mean. The final triangle, yet to be filled, is an extrapolation of the past pattern of cycles.
BITSTAMP:BTCUSDLong
by wisechoice
Long Term $BTC trend - Higher than you thinkI just wanted to share this post for a bit of posterity for my sake, I have been formulating this thesis for months and am posting this for me as I am surprised I haven't posted a chart incorporating all of this already. Looking back, we can see what a BPS cut does to BTC in the short and long term. I've posted here about what could happen in the days following a cut, but that seems to be largely invalidated to date. That's okay since we invalidated to the upside. I think BTC can go much, much higher from here. Retail FOMO is only just beginning. CB app hit #1 today I posted this partly in jest the other day-- but it is really true. The Banana zone is here, and it's time to try to wrap our minds around exponential, compounding growth. Get comfortable being uncomfortable!
BITSTAMP:BTCUSDLong
by httpz
Bitcoin Next Target $107,000 – Key Warnings to Protect Profits!Is Bitcoin on the brink of an explosive move to new all-time highs, or are we staring down the barrel of a potential market reversal? Our in-depth Fibonacci analysis highlights the critical levels that could dictate Bitcoin's next massive swing. With the cryptocurrency now hovering around pivotal points, the stakes have never been higher. Will Bitcoin soar towards $107,000 and beyond, or will hidden resistance levels turn the trend against bulls? Brace yourself – here’s everything you need to know to navigate the market and protect your profits at every step. 0.5 Level at 90,000: This 50% retracement level often acts as psychological and technical support in an uptrend. Staying above 90,000 strengthens the bullish case, indicating market confidence at this midpoint of the recent low-to-high range. 0.382 Level at 107,000: This is the next major resistance. Breaking above 107,000 would reinforce the uptrend, showing strong market momentum past a commonly respected Fibonacci level. Such a move could bring the next target at the 0.236 level into focus. 0.236 Level at 129,000: If the price breaks above 107,000, a target around 129,000 becomes likely. This level often acts as strong resistance in retracement, so approaching it might invite selling pressure. However, a breakthrough would signal strong bullish momentum, potentially aiming for the all-time high (~164,000) as the next major target. 0.618 Level at 72,000: This is a critical support level if the price moves downward. If it falls below 90,000, 72,000 might act as strong support, often referred to as the “golden ratio” in Fibonacci analysis. Holding above 72,000 would indicate the long-term uptrend might still be intact despite a pullback. 0.786 Level at ~48,000: This would be the last major support in case of a sharp drop. Falling to this level would signal significant weakness in the trend, potentially indicating a shift from bullish to bearish over the long term. Bullish Indicators Overall Uptrend: The price has been on a steady rise from previous lows, showing upward momentum. Strong Support Above 90,000 : Holding above this level strengthens the bullish scenario, indicating strong buying interest. Potential to Reach 107,000 and 129,000: Breaking above 107,000 could open the door to the next resistance at 129,000, continuing the trend upwards. Bearish Indicators and Warnings Failure to Hold 90,000: If the price drops below 90,000, it may signal a loss of bullish momentum, leading to a retracement to the 0.618 level at around 72,000, where stronger support might be tested. Potential Reversals at 107,000 or 129,000: Fibonacci resistance levels, especially around 107,000 and 129,000, could trigger reversals if the market encounters strong selling pressure. Risk of Larger Pullback to 48,000: Though less likely in a strong uptrend, a break below 72,000 would indicate a major bearish shift, possibly pushing the price toward 48,000, the 0.786 retracement level and critical long-term support. Summary Bullish Scenario: Holding above 90,000 with potential breakouts above 107,000 and 129,000 could confirm the continuation of the uptrend, targeting new highs. Bearish Scenario: A drop below 90,000 could lead to a retracement to 72,000, with 48,000 as a critical support in a more extended downturn. The trend is upward overall, but keep a close eye on these Fibonacci levels. They can act as both targets and potential reversal points, so exercise caution, especially if there's a break below the 50% retracement around 90,000.
BITFINEX:BTCUSD
by Karl_Hud
Bitcoin Price: Key Support and Resistance Levels to WatchBitcoin has recently completed a break of structure within its internal framework, positioning its current price range between $85,000 and $93,300. Following this significant surge, a retracement is anticipated, with the closest retracement zone identified between $90,500 and $88,900, which aligns with Bitcoin’s equilibrium level. 🔑 Key Observations: 1️⃣ Above $88,900: As long as the price stays above this level, Bitcoin is expected to maintain its upward momentum. ⭐️⚡️ 2️⃣ Below $88,900: A break below this threshold could trigger a move toward the nearest support zone at $86,000, marked in blue on the chart. The bullish scenario for potential higher prices is illustrated in white on the chart, while the corrective scenario, indicating a possible downward movement, is shown in yellow. Stay alert to these key levels and trends to optimize your trading strategy. Follow for regular updates! ✅
CRYPTO:BTCUSD
by ParkJisungie
BTC Breakout: What to Expect in the Next Few MonthsBitcoin has burst through the significant resistance level of $90,000, shattering previous resistance after a brief consolidation period at $87,000. Key indicators suggest a clear trajectory toward the notorious $100,000 milestone. Drivers of the Breakout Fibonacci Extension Breakthrough: BTC has successfully pierced the 2.618 Fib level, signaling robust momentum. Round Number ATH: The psychological barrier at $90,000 has fallen, fueled by unrelenting upward momentum. Macro Tailwinds: Today's positive CPI print injects optimism, bolstering BTC's ascent. Market Sentiment Bullish Momentum: Unwavering buying pressure by a number of actors like MicroStrategy, retail investors and perhaps even some governments propels BTC upward. Consolidation Confirmation: The brief pause at $87,000 validated the support level. Volume: Spot Bitcoin trading volume and ETF inflows skyrocket Price Discovery Outlook: Short-Term Target: $100,000 within reach should be testing within a week or two. I'm expecting a break above at some point before EoY although likely it won't happen on the first attempt. Mid-Term Outlook: Potential for further gains into the uncharted territory of 6 figure Bitcoin, contingent upon sustained momentum. Will be looking to cycle into specific Alts as well as USD starting in mid Q1/earlyQ2 2025. Caution! Volatility Remains: Be prepared for significant pullbacks. Every bull cycle in the past has included multiple 30%+ drops, so be ready for buying opportunities on bounces off key levels like the Bull Market Support Band at 50W EMA & SMA. Stay alert, and let's ride this wave! PS: While the market is unquestionably heating up, IMO we are closer to the middle of the bull cycle rather than the end.
BITSTAMP:BTCUSDLong
by artashesk
BTCUSDIsn't Price Action beautiful.... Price currently in-between Daily Bullish Swing Points. Also, Price just encountered Weekly High's, which has now caused Price to resist those levels. Close of today is the close of the week, & I'll then be dropping a video breaking down my viewpoint & thought process behind Price Action. Stay Tuned!!!!   _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #NakedChartReader #ZEROindicators #ScalpingTrader #IntradayTrader #DayTrader #SwingTrader #PositionalTrader #MambaMentality #GodMode #HighLevelTrader
BITSTAMP:BTCUSD
by TheeSnipeGoat
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