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XBTUSD_LMAX trade ideas

BTC 110k Bitcoin (BTC/USD) is showing strong bullish momentum as it consolidates near its all-time high. Multiple technical signals point toward the possibility of a continued uptrend, with key bullish indicators aligning to support this view. Evidence for a Bullish Continuation Breakout from Consolidation: Bitcoin recently broke out of a symmetrical triangle pattern, a classic continuation formation. This breakout signals the resumption of the prior bullish trend and opens the door for further upward movement. Golden Cross: The 50-day moving average has crossed above the 200-day moving average, forming a golden cross. This is a widely recognized bullish signal, indicating the potential for sustained upside momentum. MACD Support: The MACD line remains above the zero line and has recently shown a bullish crossover, reinforcing the case for increasing buying pressure. This suggests that momentum is shifting in favor of the bulls, with no signs of immediate weakness. Strong Volume: The breakout has been accompanied by above-average volume, a critical confirmation that buyers are stepping in with conviction. This reduces the risk of a false breakout. Potential Upside Targets Short-Term Target: $110,000: The next psychological and resistance level for BTC lies around $110,000. If the bullish momentum sustains, this level could be reached in the short term. Medium-Term Target: $120,000: A continuation of the breakout could lead BTC to test the $120,000 level, a key zone where profit-taking might occur. Risk Management Support Levels to Watch: Immediate Support: $100,000 (psychological support and SMA). Critical Support: $92,000 (previous breakout level). Holding above these levels is essential for the bullish narrative to remain valid. Stop-Loss: Traders should consider placing a stop-loss just below the $100,000 level to protect against potential pullbacks. Trailing Stop: As the price rises, using a trailing stop-loss can help lock in profits while allowing room for upside potential. Conclusion Bitcoin appears poised for a bullish continuation as it consolidates near its all-time highs. With a breakout from consolidation, a golden cross, a bullish MACD, and strong volume, the evidence heavily favors the bulls. Traders should watch for a sustained move above $104,000 to confirm the next leg higher, targeting $110,000 and beyond.
BITSTAMP:BTCUSDLong
by Abdihalim1
BTC bulltrap incAs I continue to DCA BTC like I always do I am attempting to locate the next capitulatory zone. I think max pain would be to hit the fib extension around 110-111k and then have a rather quick dump to 87-91k. This would allow large institutions to get in below 100k one last time right around Christmas and start their 2025 positions. There is no guarantee this happens but this seems like a possible path to me. My plan: I will be selling all of my CLSK on this pump, I have been looking to get rid of miners for a while, they are trash tier investments. Since large investors can just buy the ETF why buy miners that dilute shares? I will be stopping adding alts after today until I see which direction we are headed.
BINANCE:BTCUSDShort
by Apollo_21mil
Cup and Handle in Bitcoin leads to $117,300The sideways to down movement in Bitcoin since Dec 5th when it hit its $104,000 ATH has all been just a 10 day cup and handle that has formed. The cup depth is about $12000 as measured by the vertical line shown on the chart. I cloned that line and put it at the expected breakout of the handle. The price target for this cup and handle is $117,300 and it could come later this week as shown by the top of the cloned line and the Elliot Wave projection.
COINBASE:BTCUSD
by shubbs
1
Bitcoin Technical Analysis: Rising Wedge Formation Signals PotenTechnical Analysis 1. Price Pattern The chart shows a Rising Wedge pattern, which is typically a bearish continuation or reversal pattern. This formation is characterized by price movement within converging trendlines, indicating weakening upward momentum. In this context, the Rising Wedge suggests a potential downside breakout if the price fails to break above the upper resistance. 2. Key Levels Major Resistance: $103,620, a critical level that must be broken with significant volume to confirm a bullish continuation. Psychological Support: $100,000, which acts as a key holding level in the event of a downside breakout Fibonacci Retracement Levels: 23.6% at $94,930, serving as the first support target after a breakdown. 38.2% at $89,554, which may act as a stronger support if selling pressure increases. 3. Relative Strength Index (RSI) The RSI is at 65.11, nearing the overbought zone. This suggests a potential weakening of bullish momentum and increases the likelihood of a correction. 4. Volume and Confirmation No clear signs of significant breakout volume are present, favoring the likelihood of a bearish scenario. Forecast 1. Bearish Scenario (Dominant): If the price fails to break above the $103,620 resistance and breaches the lower support of the Rising Wedge, it could initially drop to the $100,000 level. Continued selling pressure may drive the price further down to the Fibonacci 23.6% level at $94,930. In a more extended decline, the Fibonacci 38.2% level at $89,554 becomes the next target. 2. Bullish Scenario (Alternative): If the price breaks above $103,620 with strong volume, it could signal a bullish continuation, with the first target near $107,000. In this scenario, a tight stop-loss is essential to protect against potential false breakouts. Trading Recommendations Confirm Breakout Direction: Wait for a confirmed breakout (up or down) before taking a position. Short Position Strategy: If the price breaks below the Rising Wedge support, consider a short position targeting $94,930, while setting a stop-loss above $103,620. Long Position Strategy: If the price breaks above $103,620 with strong volume, consider a long position targeting $107,000, with a stop-loss below the breakout point. Risk Management: Employ strict stop-loss levels at critical areas to minimize potential losses.
BITSTAMP:BTCUSD
by Sai_Kuze
Bitcoin Eyes $107K: Key Levels to WatchBitcoin is showing bullish momentum, breaking through the key intraday resistance around $102,000. However, given the weekend, I am keeping my expectations realistic. 1. Ideally, I’d like to see either (A) a quick dip below $101,662 followed by a prompt recovery, or (B) sustained price action above $101,662. Both scenarios would significantly increase the likelihood of a bullish move toward the critical resistance at $107,000 in the coming days (as per the green projections). 2. Conversely, a drop below $98,984 could lead to choppy price action, a considerable slowdown in momentum, and a high probability of retesting the $94,650 level.
BINANCE:BTCUSDLong
by Trade-Lean
BITCOIN BullishA technical analysis of **BTC/USD (Bitcoin vs. US Dollar)** on a **30-minute timeframe** using key technical tools such as **support/resistance levels**, **trendlines**, and visual annotations for price movements. --- ### 1. **Key Levels Highlighted** - **Blue Zone (Resistance Area around $102,300 - $102,570):** - Price has been rejected multiple times from this area, signaling a **strong supply zone** where sellers dominate. - Two prior rejections are marked with **yellow circles**, showing historical resistance. - **Green Zone (Support Area around $98,956 - $99,318):** - This is a **key support zone** where the price bounced upward multiple times, highlighted by **blue circles**. - A failure to hold this support may push the price lower to test further downside levels. - **Red Zone (Next Key Support around $94,700 - $96,215):** - Below the green zone lies this **critical demand zone**, where buyers may step in. A breakdown of this area would indicate **bearish continuation**. - **Yellow Zone (Support Base near $93,720 - $94,229):** - This is the **lowest demand area** observed on this chart. It serves as a **last line of defense** before further downside. --- ### 2. **Trendlines** - **Yellow Uptrend Line:** - The price is respecting this **ascending trendline**, suggesting an ongoing short-term uptrend. - A clear break below this line could indicate a shift to a bearish trend. - **Red Downtrend Line:** - This short-term downtrend (descending resistance) intersects with the yellow trendline. - A breakout to the upside would indicate bullish momentum. - **Black Trendline (Major Long-Term Support):** - This lower black line shows a **long-term uptrend**, acting as significant support in case of a larger correction. --- ### 3. **Potential Scenarios** - **Bullish Scenario:** - Price retraces to the yellow uptrend line and bounces, breaking through the blue resistance zone (~$102,570). - This breakout could lead to further upside continuation. - **Bearish Scenario:** - If price breaks the yellow uptrend line and fails to hold above the green support zone (~$98,956), it may drop to test the red zone (~$95,800). - Continued selling pressure could push the price to the yellow zone (~$94,229). --- ### 4. **Market Behavior and Price Structure** - The repeated **rejections** from the blue resistance zone indicate strong selling pressure. - However, the **higher lows** formed along the yellow trendline show buying support, signaling a potential **triangle pattern** forming. - The breakout direction from this consolidation will likely determine the next significant move. --- ### 5. **Key Points to Watch** - **Break and Retest:** - Watch for price action near the blue resistance or green support zones for a breakout or reversal signal. - **Volume Confirmation:** - A breakout with increasing volume would confirm a strong move. - **Trendline Interaction:** - Monitor the yellow ascending trendline. A breakdown below it would suggest weakness. --- In summary: - **Bullish bias** exists above the yellow uptrend line. - **Bearish risk** increases below the green zone. - Key breakout above **$102,570** or breakdown below **$98,956** will signal the next direction.
BITSTAMP:BTCUSDLong
by amerjaradat
BTC Miner "Valuation" ChartThis is not advice on who to invest in, or what, do your own due diligence in checking through the total overall hashrate, the future plans of these companies and how diversified they are in their business operations. IE do they outsource some compute for data centers etc. Hint: Data center usage will be gigantic since it's already built and ready to plug and play so to say. This is just a super simple analysis of the YTD of some miners I think are pretty decent. This is an incredibly risky "sector" but the larger guys with tons of built or in process of being built Megawatts available are not only positioned to benefit from the rise of bitcoin, and the potential for larger companies to scoop them up for their own ai / data center needs. Just my two cents. As always feel free to reach out for questions or leave a question in the comments. GL
COINBASE:BTCUSD
by ajx1124
Bitcoin Halving and Its impact on price growthExecutive Summary BINANCE:BTCUSDT Bitcoin’s halving events have historically marked significant milestones in its price trajectory, often serving as catalysts for substantial growth. Each halving reduces the reward for mining new blocks by half, effectively decreasing Bitcoin’s issuance rate and increasing its scarcity. This predictable supply shock, combined with growing global adoption, has led to a recurring cycle of price surges post-halving. In this analysis, I'm trying to explore Bitcoin’s price performance after each halving event, focusing on the time it takes to surpass previous all-time highs (ATHs) and reach new price peaks. Using historical data and trendline analysis, we provide insights into Bitcoin’s current trajectory following the April 19, 2024, halving, and evaluate the potential for its price to reach unprecedented levels in this cycle. Key observations November 28, 2012 Halving After Bitcoin's first halving, it took approximately 368 days to surpass its previous ATH of ~$31 (set in June 2011). New ATH (November 2013): ~$1,242. July 9, 2016 Halving Post-halving, Bitcoin took 266 days to exceed its prior ATH of ~$1,242 (set in November 2013). New ATH (December 2017): $19,764. May 11, 2020 Halving Following the 2020 halving, Bitcoin surpassed its previous ATH of $19,764 (from December 2017) in just 161 days. New ATH (November 2021): $69,000. April 19, 2024 Halving (Projected) As of December 2024, 238 days post-halving, Bitcoin has already surpassed its prior ATH of $69,000 (from November 2021) and is currently trading at $101,393. Trendline Analysis Drawing a trendline connecting the 2017 ATH ($19,764) and 2021 ATH ($69,000) reveals a potential upper boundary for BINANCE:BTCUSDT Bitcoin’s post-halving growth. This trendline indicates that Bitcoin may test the upper range, with a target price around $200,000 USD in the current cycle. Risks to Consider Macro-Economic Factors: Geopolitical events, interest rate changes, or regulatory actions could disrupt market trends. Market Liquidity: Declining liquidity could delay BINANCE:BTCUSD price breakout despite favorable conditions. Unexpected Events: Network-specific issues or technological vulnerabilities may impact price movements. Recommendations For Traders: Monitor key resistance levels and trading volumes for breakout confirmation. For Long-Term Investors: Consider accumulating during consolidation phases for optimal entry points. For Analysts: Keep an eye on macroeconomic indicators and Ethereum’s network activity to validate price movement projections. Conclusion Bitcoin’s consistent post-halving price surges underscore the significant role halvings play in shaping its growth trajectory. Historical data and trendline projections suggest that Bitcoin has the potential to reach unprecedented highs in this cycle, with a plausible target near $200,000 USD. While macroeconomic factors and market dynamics may influence short-term movements, the long-term growth pattern remains compelling for investors and analysts alike. Disclaimer: This analysis is based on historical data and is not financial advice. Cryptocurrency investments carry risks, and readers are advised to conduct their own research.
COINBASE:BTCUSDLong
by Adilforgood
1
BTCUSD can go both ways!!!Full BTC/USD 4H Analysis with Projections Key Ichimoku Observations: 1. Tenkan-sen (Blue Line): Flat, indicating short-term indecision. 2. Kijun-sen (Red Line): Also flat, confirming a sideways market. 3. Senkou Span A & B (Kumo/Cloud): The Kumo is thin and slightly bullish (green), suggesting indecision but still supporting a bullish bias. Price remains above the Kumo, maintaining an overall bullish structure. 4. Chikou Span (Green Line): Positioned above price from 26 periods ago, confirming bullish momentum. However, it is approaching historical price clusters that may cause resistance. Wave Theory Analysis (N-Wave and P-Wave): An N-Wave (bullish impulsive move) occurred earlier, followed by a period of consolidation. Currently, a P-Wave (triangle formation) is evident, with price contracting between 100,000 (support) and 102,000 (resistance): Breakout above 102,000 signals trend continuation. Breakdown below 100,000 signals bearish correction. Time Theory (Kihon-Suchi): Ichimoku Time Theory suggests cycles of 9, 17, 26 periods where price movements, reversals, or consolidations occur. Using these time projections: 1. We are at the Decision Zone: The price is consolidating, and a breakout or breakdown is expected within 4-8 candles (16-32 hours). 2. After the breakout/breakdown, the following time projections apply: 9 candles (36 hours): For 1st targets. 17 candles (68 hours): For extended targets. Trade Setup with Projections: Bullish Scenario (Higher Probability): Trigger: Breakout and close above 102,000. Confirmation: Price holds above Tenkan-sen and Kijun-sen. Chikou Span remains free of resistance. Targets and Projections: 1. 1st Target: 104,000 reached within 9 candles (~36 hours) after breakout. 2. 2nd Target: 106,000 reached within 17 candles (~68 hours) after breakout. Stop Loss: Place below 100,000 (psychological support and Kijun level). Bearish Scenario: Trigger: Breakdown and close below 100,000. Confirmation: Chikou Span drops below the price structure. Price enters and closes below the Kumo. Targets and Projections: 1. 1st Target: 98,000 reached within 9 candles (~36 hours) after breakdown. 2. 2nd Target: 96,000 reached within 17 candles (~68 hours) after breakdown. Stop Loss: Place above 102,000 (resistance and previous highs). Time Cycle Summary Table: Conclusion: Current Bias: Bullish as long as price remains above the Kumo and 100,000. Next Action: Monitor price behavior near 102,000 (resistance) and 100,000 (support). Time Projection for Breakout or Breakdown: Next 16-32 hours (4-8 candles). This combined approach using Ichimoku Wave Theory, Time Theory, and price action provides a clear trade plan for BTC/USD.
BITSTAMP:BTCUSD
by Welburg_Trading