BTC heads up into 105k: Genesis+Covid fib pair major resistanceBTC is up against a serious resistance zone.
Golden Covid fib makes the lower boundary.
Semi-major Genesis fib for upper boundary.
BULLUSD trade ideas
BTC LONG 25/12/24 - SHORT TERM VIEW This is a Bitcoin price chart with two potential upward price movement patterns marked.
Here’s a summary:
Current Price Level: The chart indicates Bitcoin is trading near $98,640, with resistance and support levels clearly marked.
First Pattern (Bullish Move): A potential price breakout towards the $102,650 level, continuing to the $105,230 level, following a bullish trend.
Second Pattern (Pullback and Recovery): A potential pullback near $95,770- 96,370 before rebounding and breaking higher to the same levels as the first pattern.
Key Levels:
Resistance Levels: $100,640, $102,640, and $105,230.
Support Levels: $96,370 and $95,770.
Structural Stop-Loss Level: $93,500 for all long trades, as indicated by the "VIEW FAILURE" note.
Technical Indicators:
The chart displays moving averages 10 & 20, showing convergence near the current price, which may indicate the possibility of a trend continuation.
This suggests a focus on potential upward movements while managing downside risk with a clear stop-loss level.
This is my view - Trade at your own risk !
BTC a BUY after FOMC selloff The recent price action shows bitcoin has hit a key resistance around 95,500 but faced a strong sell-off, now hovering near 95,300. support is forming around 92,000. volume has been moderate, suggesting indecision.
The market structure hints at a potential retracement, but a bounce off support could set up for another test of that resistance. keep an eye on the 92,000 level; a hold there could lead to a rally. i’d rate this a cautious buy for those willing to ride the volatility. stay grounded, it’s a wild ride.
Has BITCOIN reached its maximum and is a bear market coming?To make a prediction about Bitcoin’s next rally based on historical patterns, we should first examine the overall trends and how these increases and decreases have evolved in percentage terms.
Data observations:
337,000% increase -> 93% decrease
Massive increase, followed by a steep correction.
61,000% increase -> 86% decrease
Significant increase, but smaller than the first, and the decline was still close in percentage terms.
11,000% increase -> 84% decrease
Smaller increase, the decline remains large, but slightly milder.
2,000% increase -> 77% decrease
Significantly smaller increase compared to previous cycles, and the decline continued to moderate.
Observing a descending pattern:
The increases seem to be getting smaller and smaller with each cycle, and the decreases also tend to be less severe. This shows diminishing returns on increases and a reduction in market volatility.
Estimate for the next increase:
Given this pattern, the next percentage increase could be significantly smaller than the last one (2,000%). If we apply a progressive reduction coefficient, as was the case in previous cycles, the increase could be around:
~300%-500%.
This would mean a maximum increase of 5x from the low of the last cycle, and currently we have an increase of over 600%, that is, 6x. Is this ATH in this bull market?
To estimate the duration of the next Bitcoin uptrend, we can analyze how the duration of these uptrend cycles has evolved over time:
Historical data:
240 days
730 days
850 days
1050 days
Notes:
The increase in duration between cycles is not uniform, but follows a general trend of extending duration.
The duration increase intervals were:
From 240 -> 730: +490 days
From 730 -> 850: +120 days
From 850 -> 1050: +200 days
Analysis:
The duration extension appears to be accelerating moderately, with an irregular but generally increasing trend.
If this pattern continues, the next cycle could add between 200 and 300 days to the previous duration (1050 days).
Estimate:
The duration of the next cycle could be:
~1250-1350 days.
This estimate corresponds to a natural extension of Bitcoin cycles, reflecting wider adoption and lower volatility as the market becomes more mature.
bullish continuationChart Summary:
Key Resistance: $101,107.27
Important Support: $98,115.68
Current Range: Between $98,000 and $100,000
📈 Current Trend:
BTC is attempting to break the resistance at $101,107.27 after a bounce from the support at $98,115.68. This move suggests a possible bullish momentum if it sustains above $100,000.
🛠️Potential Strategy:
Buy: Consider entries in the range of $99,000 - $100,000 with a stop loss below $98,000 to manage risk.
Target: Target the resistance at $101,107.27 and if broken, look towards levels above $102,000.
💡 Notes:
Trading volume and momentum indicators will be crucial to confirm the strength of the move.
Stay tuned for any news or events that may affect BTC volatility.
BitcoinBTCUSD ( Bitcoin / U.S Dollar )
Bullish Channel as an corrective pattern in Short Time Frame
Break of Structure
RSI - Divergence
Demand Zone
Fibonacci Level - 50.00% / 61.80%
BTC/USD AnalysisOur Preferance Potential Reversal Ahead
My analysis focuses on key technical levels and anticipated price movements for Bitcoin in the 1-hour timeframe:
Support Area: The $92,633 level has been identified as a significant support zone where buyers are likely to step in if the price retraces.
Resistance Zone: The $100,601 level represents a strong resistance where sellers could exert pressure, potentially causing a reversal.
Current Outlook: BTC/USD is trading within a range, with a possible short-term bullish move toward the resistance zone before facing a potential bearish reversal back to the support area.
Technical Pattern : A clear range-bound movement with lower highs suggests caution, especially near key resistance zones.
Fundamentals: Keep an eye on macroeconomic updates and Bitcoin-specific news, as these factors could influence price momentum and market sentiment.
This setup provides opportunities for both breakout traders and range-bound strategies. Manage risk effectively and plan entries and exits carefully.
Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
My Best analysis BTC/USD Analysis
BTC/USD tested the resistance zone near $100,000 and showed a rejection, indicating a potential bearish move. The price is expected to drop towards the key support zone around $94,000. This area could act as a strong demand zone, offering potential buying opportunities for a reversal, subject to market confirmation.
Maintain caution and monitor price action closely around the support level before making trading decisions.
BTC - Perfect Harmonic Cypher entering PRZThis is it! The start of the Christmas Rally commences with the entering of the PRZ zone of Harmonic Cypher pattern.
BTC - Wave 5's Are Generally Strong - Watching the RallyBitcoin continues to show strength here as many sit on the sidelines waiting for a pullback or the perfect setup. So why we patiently watch our trade play out, many others are still naysayer and when they jump in, well that's our time to exit stage right!
Not a lot to update as Bitcoin attempts to take out the 100k level. The question remains, how much more gas is in the tank before we get the next corrective cycle?
History shows that wave 5's are generally a very strong impulse move at the later stages of a rally. Going back to 2020-21 that final move was a 125%+- move from wave 4. The prior wave 5 minor in this current cycle's wave 3 was a 90% move.
So absolutely there is some room to run here and though my initial target is 130k I would not discount a move to potentially 150-170. From the naysayers you will here "It's too high can't buy the highs" which is about the stupidest thing to say. Of course there are the moon boys who will be calling for 250k but not getting tooo much hype yet.
As for the naysayers, often they will talk technicals and a lot of BS, but then not want to buy into a high. Why is that? I have no idea. Was NVDA too high at 100 after a 10 bagger? Was TSLA too high at 250? I don't get it?
In order for an equity to make a new high, it has to take out the old one. IF an equity is continuing to make high after high, well why wouldn't you buy that? I am not so sure this next corrective wave is going to be the typical 70-80% pullback, but can't discount it because history repeats.
However I am not sitting on the sidelines waiting. We are in and letting our trade play out.
If you are not in this move because of a trader's advice, well you may want to find a new trader to follow. This was a no brainer, even Jim Cramer was bull at 100k. Why? Because it simple, equities making new highs tend to make new highs. Don't be afraid to buy into a high if your equity is strong, after all Scared Money Don't Make Money!!
Not going to fill your head with a lot of BS technical jargon, Bitcoin is bull, the chart is Bull, you should be Bull! Your stop keeps your losses at bay, not staying out of the market. Sure you don't lose money watching Bitcoin rally, but you ain't making it either!
BITCOIN Will the Channel Up hold or has the Fed condemned it?Bitcoin (BTCUSD) is having an impressive sustainable price action within the Channel Up pattern since November 12, which despite yesterday's Fed fueled pull-back, is still holding. If it holds, it may follow the same pattern that it did exactly 1 year ago.
As you see, it was again in November 2023 that it traded within a Channel Up, which was supported by the 4H MA200 (orange trend-line) since October 11. After it broke out, the price reached the 7.0 Fibonacci extension level from the October low, before correcting again.
The situation is very similar today, the 4H MA200 is also holding since Oct 11, the price also formed a 4H Golden Cross on Sep 18, while both fractals started their impressive rallies around the same date (Sep 06 2023 and Sep 11 2024 respectively).
As a result, if the 4H MA200 holds, we can expect BTC to target the 7.0 Fib ext next at $135000.
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BTC Analysis for LONG....Asalam.o.alaikum (Hi)! Community,
Hope you all are doing great, and preparing yourself for the chirstmas. So here is the LONG-TERM idea for the BTC according to the 30min timeframe. Market is in the 50% reversal area and keep an eye upon it... Let see the market move.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
22/12/2024
BTC/USD long - technicalMy idea stems from the support and resistance level and we can see from the data that is presented to us from a technical view...
My view is that we drop out of the 97k zone and move towards the 104 resistance level which was bypassed due to the news and uncertainty... I have also noticed that the greed level was completely high and this result of most major crypto assets to drop... We are now in the weekend but the 100k level is still to be reached within the coming days.
I am waiting on the break and retest of this level seen on the 4H marked in red trend down...
my entry will be based on the retest of 100k to take the long.
I will be waiting on a head shoulder patter or double/triple bottom to take the position...their might be a falling wedge pattern as well as shown on this 4h
BTCUSD BUY signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BITCOIN SELL TO $86,000 (UPDATE)BTC has already smashed our TP1 target & now hovering around the $98,000 zone. It is still possible that price might dump lower towards the $86,000 zone but overall you can DCA (Dollar Cost Average) into buy's now if you're willing to hold. I personally won't be buying at these prices.
BTC WAS CREATED TO GIVE EVERYBODY A CHANCE AT CREATING WEALTHALL assets are a measurement of human behavior ,price reacts to emotions . In order for retail to buy it must be at a level that causes a reaction to create momentum, BULL or BEAR. Any market is based in probability, so you must have two thesis. My analysis shows BTC going down which is not bad ,most people like discounts . Do not get scared if you a bull BTC will have another thrust maybe in 2025. I say maybe because most retail buyers not sitting on extra money and rates are still high for cheap money to come in and create huge momentum
Bitcoin (BTC): What’s Next After This Correction?Good morning, trading family!
Bitcoin ( CRYPTOCAP:BTC ) is in a correction, and here’s what could happen next:
Option 1: BTC corrects to the $84K range and then makes a move to $11K+.
Option 2: We drop further into the $74K zone, then push higher.
Option 3: A deeper drop to the $60-$55K zone, followed by a recovery.
These are the levels I’m watching. Let’s stay focused and be ready for the next big move!
Wellness Challenge:
I challenge you to try one of the wellness tips that I added to my videos that I did today ! It could be drinking more water, eating better, or taking short breaks. Pick one and stick with it for a week—let me know how it works for you!
Comment, like, follow, or send me a message if you want more details or want to share how your challenge is going!
Kris/Mindbloome Exchange
Trade What You See
Bitcoin price & MACD divergenceA very classic divergence between the price and the MACD indicator. The exchange rate rises from November 25, and the indicator falls until December 17. In such a case, the exchange rate usually follows the indicator. This can also be seen on this chart.
BTCUSD ultrabullish market, new all-time highs on the way!!!BTCUSD ultrabullish market, new all-time highs on the way!!!
Why I’m Bullish on BTC Right NowShort-Term BTC Analysis
After a recent correction, Bitcoin seems primed for a short-term uptrend. Here’s why:
Technical Signals Point to a Rebound:
• Volume Surge: November 11 saw a 3x volume spike at key price levels, suggesting strong buyer interest.
• Bollinger Bands: The bottom band is providing support, signaling oversold conditions.
• 50 MA: The 50-day moving average is also acting as a support level, adding to bullish momentum.
• 10% Decline Factored In: BTC already corrected by 10%, clearing some of the overbought conditions.
Trend Analysis:
• The overall trend remains bullish.
• A key support line has been tested successfully, while a resistance line has flipped to support after being tested twice—classic bullish behavior.
With strong fundamentals and technical signals aligning, Bitcoin looks ready to move upward in the near term.
Stay tuned for updates and insights!
Don’t forget to like, share, and follow for more crypto market analysis. Let’s make the most of these opportunities together!
BITCOIN setup for today Here my setup for BTCUSD for today, why? because on 4h and 1h Timeframe as you can see we are on bearish (downtrend) and for 15min no uptrend, so im waiting for the price to take the liquidity and touch the 1h FVG and then see on 5min or 15min choch, and that will be a great entry FOREXCOM:BTCUSD
My Best analysis BTC/USD Analysis: Potential Breakout Setup
Timeframe: 1H
The BTC/USD pair is currently consolidating within a key price range. The chart highlights:
Resistance Zone: The area around 94,000–94,500 is acting as resistance, where multiple rejections have occurred.
Support Zone: Strong support is observed between 93,000–93,500, providing a base for potential upward momentum.
Projection:
A bullish breakout is anticipated after a minor retracement within the support zone. A successful breakout above the resistance area could target levels of 98,000–100,000.
Strategy:
Wait for confirmation of breakout above 94,500 with strong volume.
Place stops below the 93,000 support zone to manage risk.
Monitor key levels for invalidation of the bullish setup.
This setup is based on current market structure and price action. Adjust risk accordingly, and always use proper risk management.
