BTC Huge Gap!!! We going back to 75k?Hey guys!
Congrats all with BTC ATH and recent profits, I was not commenting the situation, because it was pretty clear, and we all know what was happening.
But also, as we know, even in the bull cycle have to be corrections and consolidations.
So here at the futures chart, we can see a huge gap around the healthy correction possible zone (max to 30%). Also, we have RSI oversold for sure and descending volumes.
Plus, in December there were no promises about decreasing US Interest rate, so possibly December can end up in this correction phase.
What's your thoughts about when and how much we could go? Let's chat in the comments =)
Bitcoinprice
Bitcoin halving cyclesIt is no secret that bitcoin has been one of the best BITSTAMP:BTCUSD predictors.
But when halving cycle factor weakens and a downtrend starts? From the previous halvings it seems that price peak takes place within the next ~500 days from halving.
And if we calculate price change between close price of the month in which halving took place and the cycles max price, we can notice that in the next cycle this growth percent is 3-5 times lower that the previous one. Sure, each cycle the more capital comes in and Bitcoin becomes "heavier". Price x2 10 years ago meant like $4 bln. change in market cap, now it is a $2 trln change.
Also you can notice that in this halving cycle by the time of the halving price has already made a new ATH.
Therefore i think that in this cycle ATH will be 115k-200k, and we need to start taking profits in April-Aug 2025.
Let's see how this turns out.
BTC/USD CHART ANALYSIS – NOV 25📊 BTC/USD CHART ANALYSIS – Weekly Update
📈 Technical / Naked Price Action
⚖️ Overall Sentiment: Cautious Optimism
🎲 Hello traders!
Bitcoin finds itself at a critical juncture, hovering just below the monumental $100,000 mark. Last week, BTC made multiple attempts to break this psychological level but ultimately fell short, reaching a high of $99,800 . This resistance is largely attributed to heavy sell block orders on major centralized exchanges (CEX).
💡 Key Observations:
Bullish Outlook: If BTC successfully breaks above $100,000 , we could see a strong upward trend, potentially targeting the $140,000 zone as a ripple effect.
Bearish Outlook: However, failure to breach this level may lead to a pullback to the $90,000 support range , where buyers could re-enter the market.
Current Strategy: No active trades for now—I’m waiting for a clear breakout above $100k or a retest of $90k before committing to any positions.
📌 Trading Tip:
Patience is key in a market like this. Avoid chasing trades and wait for confirmation before entering long or short positions.
🧠 Let’s Collaborate!
What’s your take on BTC this week? Share your ideas and charts in the 💬. Let’s discuss whether we’re headed to new highs or revisiting support levels!
Best Regards,
The NFX Team™ 💚
Bitcoin's Path to $131K or a 20% Correction What to Expect 2025If Bitcoin continues its current pattern of gradual climbs and pullbacks, it could potentially reach as high as $131,000 by 2025. However, if Bitcoin faces rejection at the $100,000 mark, we might see a correction of about 20%, bringing the price down to around $78,000. Such a pullback would be consistent with typical market behavior, where Bitcoin often experiences sharp corrections after major psychological price levels. This would likely be a temporary dip before another potential climb, depending on factors like market sentiment, adoption trends, and macroeconomic conditions. Always keep an eye on these key levels as Bitcoin’s market trajectory remains volatile.
A BTC 100K price must have a short pullback before breaching
It appears on the hourly, Bitcoin is starting to show either a new short-term bull flag or a falling wedge pattern -- both of which are bullish here.
100K is a psychological milestone, so I'm not surprised to see heavy resistance here. We're programmed to think a 1 with zeroes behind it is a big thing.
If everything aligns right, we might see the break out mid-week if we don't get immediate FOMO from others at the beginning of the coming week.
Bitcoin is Ready to Take Off!Bitcoin technical analysis update
Yesterday CRYPTOCAP:BTC price touched the broadening wedge support line and the previous major support zone at the $50K level. currently, the price is bouncing from this major support and moving towards the broadening wedge resistance. We can expect a gradual bullish continuation from the current level.
We could see a strong bullish move once the price breaks the broadening wedge resistance, potentially reaching $100K.
Swing and positional traders can enter a long trade in BTC with a stop loss set at $49,000.
Regards
hexa
Another approach to the cycly using Gaussian ChannelIts been pretty interesting that bull markets have usually last about 1000 days. If we keep with that nature we could see as I mentioned multiple times before tops in 2025 and bottom prices around the last quarter of 2026. I drew what might be the future path of the Gaussian Channel in the upcoming two years. I hope you like it.
USDT.D Flashing BEARISH Signal For Bitcoin and Total Market CapIn this video, I've re-created a study I saw online about USDT.D (USDT Tether Dominance) and how whenever it's dropped to this trendline since 2018/2019.
It's also marked the top of the market in terms of Bitcoin and Total Market Cap.
It obviously makes sense that with money flowing into crypto and Bitcoin, that money would flow out of Tether and stablecoins... But still, this is a very interesting inverse relationship.
This is either one of those charts we'll look back at in hindsight, and think 'Well that was obvious' -- Or we'll see a break of this trendline, because...
Maybe this cycle IS different.
I'll be watching this to see if USDT.D starts rising, and BTC.D starts dropping.
This could spark a mini-alt season in the mean time, which would be great.
But I would be taking profits into resistance levels, if this USDT.D chart looks to be turning up.
What are your thoughts?
Please Like, Leave a Comment, and feel free to Share!
- Brett
#BTC 1D. Probable Correction. 11/23/24The current #BTC price is too high compared to market indicators, and there is a likelihood of a near-term decline. This often happens when Bitcoin reaches new highs, but these movements are not supported by genuine market strength and are instead artificially created to attract liquidity, which is later taken away by manipulators.
It’s possible that Bitcoin won’t reach $100,000 (I personally don’t consider this scenario, let me clarify right away), despite the current growth. This could be due to manipulations by major players who won’t allow the price to rise to this level. However, this seems too obvious, so it’s unlikely. Don’t get your hopes up for a sharp decline.
Personally, I believe Bitcoin won’t experience significant drops (corrections) in the near future but will instead continue moving steadily, avoiding sharp downward movements. In my humble opinion, Bitcoin’s upward trend will persist, but the price will fluctuate within a prolonged sideways range (as we saw this past summer). Ideally, we’d see a consolidation before the next significant growth.
During this sideways phase, funds are likely to flow into other cryptocurrencies (altcoins), which have shown significant percentage gains in the past two weeks. However, Bitcoin's dominance in the overall cryptocurrency market capitalization remains high and hasn’t decreased, which currently prevents altcoins from achieving substantial growth. Once dominance drops, we’ll see significant growth across all cryptocurrencies.
Taking this opportunity, I want to remind you once again that the current cryptocurrency market represents a unique moment that may never return. I urge you to stay informed about ongoing events to ensure you don’t miss out on this chance.
In other words, I’m warning that Bitcoin might not show sharp growth in the current market, but significant movement is expected in altcoins. Pay close attention to this trend, and I’ll help guide you through it!
BITCOIN - Massive ascending triangle patternWeekly chart displays a massive ascending triangle ... we get a confirmation of the breakout since more than 3years
target projection is the vertical distance between the base (support at 0 fib level) and the horizontal resistance line of the triangle (it's represents a 1 fib level)
when apply this distance to the breakout point we will find 311k is the target of the pattern
and u will find this target matching with the 2fib level .. this isn't a coincidence
iam not saying that BTC will move directly upward to 300k ... Corrections will definitely occur during this journey.
Best regards Ceciliones🎯
Bitcoin Cycle Top Expectation: Fibonacci Targets $160K-$180KAs Bitcoin approaches the $100,000 milestone, this analysis leverages Fibonacci extensions to highlight potential targets for the current market cycle. Historical trends suggest that Bitcoin’s cycle tops often align with major Fibonacci levels, making the $160K-$180K zone a key area of interest.
This zone represents a strong convergence of resistance based on both technical levels and psychological significance, where a potential cycle top could form. The chart provides a visual breakdown of these targets, with additional possible extensions if momentum overextends.
Disclaimer: This is not financial advice. Always conduct your own research before making any investment decisions.
Bitcoin (BTC/USD) Analysis: Correction on the Horizon?Bitcoin has been on a parabolic rally, recently crossing the critical 1.618 Fibonacci extension level at $96,232. As BTC edges closer to the psychological $100,000 mark, questions arise about whether this momentum can be sustained or if a correction is imminent. Here's a detailed analysis:
Key Observations:
1.Fibonacci Extension Levels
The price has decisively broken above the 1.618 Fibonacci level at $96,232, a critical milestone often associated with overextension in trends.
Historically, price corrections tend to occur after such steep rallies, especially near extended
Fibonacci levels.
2.Overbought RSI
The daily RSI is in overbought territory (>70), signaling that the asset may be due for a cooling-off period.
A potential bearish divergence could emerge if the price forms higher highs while RSI fails to do so, which is a classic precursor to corrections.
3.Volume Dynamics
While volume supported the initial breakout, it has been relatively muted as Bitcoin approaches $100,000.
Declining volume in an uptrend often signals waning momentum and increases the likelihood of a pullback.
4.Psychological Resistance
The $100,000 level is a key psychological barrier, likely to trigger profit-booking by traders and long-term holders alike.
5.Potential Support Zones
In case of a correction, watch for support at the previous Fibonacci levels:
$90,000 (minor support)
$74,296 (1.0 retracement)
$66,700 (0.786 retracement)
Scenarios to Watch:
1.Short-Term Correction Likely
If BTC fails to hold above the 1.618 level ($96,232), we could see a pullback toward $90,000 or even deeper to $74,296.
Bearish RSI divergence or a decline in volume on higher prices would confirm this scenario.
2.Continued Rally
Consolidation above $96,000, supported by strong volume and neutralizing RSI, could indicate sufficient strength for a breakout beyond $100,000.
A confirmed breakout with volume could pave the way toward $110,000 and beyond.
Conclusion:
A correction appears increasingly likely in the short term as BTC approaches the psychological $100,000 resistance with overbought conditions. However, the broader trend remains bullish, and any pullback to key Fibonacci support levels could present a buying opportunity for long-term traders.
Key levels to watch: $96,000 (immediate support), $100,000 (resistance), and $74,296 (major support).
Stay cautious and monitor the RSI, volume, and price action around $100,000 to gauge the next move.
Let me know your thoughts! Is BTC primed for a pullback or ready to shatter $100,000? Comment below!
Bitcoin Nears $100,000 as China Clarifies Personal Crypto RightsBitcoin, the world's largest cryptocurrency, has been on a tear, recently surpassing the $99,000 mark. This surge has been fueled by a combination of factors, including increased institutional adoption, favorable regulatory developments, and growing global economic uncertainty.
China's Crypto Clarity
One of the most significant developments for the cryptocurrency market has been China's clarification of its stance on personal crypto ownership. While the country has imposed strict regulations on cryptocurrency trading and mining, it has clarified that individuals are allowed to hold cryptocurrencies for personal use. This regulatory clarity has boosted investor confidence and could potentially lead to increased adoption of cryptocurrencies in China, the world's second-largest economy.
Institutional Adoption Continues to Grow
Institutional investors, such as hedge funds, pension funds, and corporations, have been increasingly investing in Bitcoin and other cryptocurrencies. This growing institutional interest has provided significant support to the market and has helped to drive the price of Bitcoin higher.
Global Economic Uncertainty
The ongoing global economic uncertainty, including rising inflation, geopolitical tensions, and the potential for a recession, has led investors to seek alternative assets. Bitcoin, as a decentralized and inflation-resistant asset, has become an attractive investment option for many.
Technical Analysis: A Bullish Outlook
Technical analysis of Bitcoin's price chart suggests that the cryptocurrency is in a strong uptrend. The recent breakout above the $99,000 level has further strengthened the bullish sentiment. Key technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are signaling1 bullish momentum.
On-Chain Data Points to Further Upside
On-chain data, which analyzes the behavior of Bitcoin on the blockchain, provides further insights into the potential for future price appreciation. Metrics like the MVRV Z-Score, NUPL, and Puell Multiple suggest that Bitcoin is not overbought and has significant room to grow.
Challenges and Risks
While the outlook for Bitcoin remains bullish, it is important to acknowledge the risks and challenges associated with investing in cryptocurrencies. These include:
• Market Volatility: The cryptocurrency market is highly volatile, and Bitcoin's price can fluctuate significantly in a short period.
• Regulatory Uncertainty: Changes in regulations can impact the price of Bitcoin and other cryptocurrencies.
• Security Risks: Cryptocurrencies are vulnerable to hacking attacks and other security threats.
• Technical Issues: Technical issues with the Bitcoin network could negatively impact its performance and price.
Conclusion
Bitcoin's recent surge to near $100,000 has been fueled by a combination of factors, including increased institutional adoption, favorable regulatory developments, and growing global economic uncertainty. While the future of Bitcoin remains uncertain, the current bullish sentiment and strong technical indicators suggest that the cryptocurrency could continue its upward trajectory. However, investors should approach Bitcoin with caution and be aware of the risks involved.
Breaking News:Bitcoin Hits All Time Highs Above $98,000This is a historical event
and so I thought I share it with you
via video.
-
Inside this video, I share with you
how to use the Rocket Booster Strategy
and then combine it with
-
A charting technique
To learn more watch this
video right now.
-
Disclaimer: Please learn risk management and profit-taking strategies.
Because trading is risky you will lose money whether you like it or not
Also, use a simulation trading account before you use your real money.
Do not trade with margin or use high leverage, Do not use leverage
higher than 3x.
BITCOIN new ATH ( 98500$ )Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin, 📚💡
The current chart doesn't reveal any new support level, which is somewhat unusual in this market. To address this, I've employed Fibonacci retracement levels and trendlines to help identify key support zones that might be pivotal in the coming days. Given the recent uptick in trading volume and the influx of new market participants, it seems highly likely that Bitcoin will experience a price increase of at least 10% in the near term. 📚🎇
This potential rise appears to be driven by a combination of strong buying interest and a generally positive market sentiment surrounding the cryptocurrency. However, while the outlook is bullish, it's crucial to remain cautious and stay alert to the possibility of range-bound candles. 📚✨
These candles could indicate a period of consolidation or short-term price fluctuations before any significant upward movement takes place. Staying vigilant and closely monitoring these patterns will help in anticipating the next major price action. 📚💡
🧨 Our team's main opinion is The chart doesn’t show a new support level, so I’ve used Fibonacci retracement and trendlines to identify key support zones. With increased trading volume and positive sentiment, Bitcoin is likely to rise by at least 10%, though short-term consolidation may occur before the next big move.🧨
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Bitcoin Hits All-Time High After BTC ETF Options DebutMarket Update - November 22, 2024
Takeaways
BlackRock’s iShares Bitcoin Trust became the first US spot bitcoin ETF approved for options trading: The price of bitcoin subsequently surged to nearly $98,000 on Thursday, reaching a new all-time high.
Institutional interest in MicroStrategy surged this week, with the value of those holdings jumping to $15.3 billion: Microstrategy founder Michael Saylor has continued to purchase bitcoin and MSTR shares have seen year-to-date gains of roughly 450%.
Trump considers Teresa Goody Guillén for SEC chair: Her appointment would likely usher in crypto-friendly policies and regulatory reform.
Meme coins including Bonk, Mog, and Brett have set all-time highs amid a rally partly driven by the resurgence of DOGE to $0.43: Bonk surged 120% following a burn campaign earlier this week, while Moo Deng also hit record prices.
Russia has drafted amendments to tax crypto income, classifying digital assets as property: The new laws would subject trading and mining income to a 15% personal income tax, while VAT exemptions would apply to crypto transactions.
➕ Topic of the Week: Recurring Buys
🫱 Read more here
Waiting RoomThe $100k BTC mark has been a mythological target for crypto traders for a very long time. It felt so near back in 2021, yet proved to be so far. In the end, we even went below $20k again before going back up this year. When you are reading this, 1 Bitcoin might well already be worth over $100,000. But for now, over the past 24h, it has continued to remain tantalisingly close to the magic number. Crossing this price point would be yet another major milestone in a year that has already seen the approval of Bitcoin and Ethereum ETFs. It is now a waiting game.
Once that $100k threshold will be inevitably crossed, all eyes will be set on what is next. Of course, as usual in moments of euphoria, crypto bulls compete with each other to set ever higher price targets. Will MIL:1M be the next one? Or is $500k already big enough? Many Bitcoiners will argue that the next target is gold Market Cap parity. After all, Bitcoin claims to be the digital gold with all of gold's benefits such as scarcity but with far easier movability and programmability on top. Gold's current market cap is $18 trillion. Bitcoin's market cap in the meantime is at around $2 trillion. The potential upside if this thesis plays out still seems juicy, particularly for traditional funds and investors who value Bitcoin's 'established' status as macro asset.
One of the main characters in the current market environment remains Michael Saylor, founder of Microstrategy (MSTR). Microstrategy is a legacy tech company that had seen its previous all-time high before the dotcom bubble burst in 2000. Since starting to accumulate Bitcoin in 2020, Michael Saylor has turned MSTR into a leveraged proxy for the Bitcoin price. Over the years, Microstrategy has sold additional shares and then used the proceeds of those sales to purchase Bitcoin. In addition, the company issues convertible debt offerings at 0% interest and uses the funds to buy more Bitcoin. These offerings are appealing to institutional investors because they offer exposure to Bitcoin while limiting the downside risk. The company's 2027 convertible bond, which also has 0% interest rate, trades 200% over par. MSTR's stock as well as its convertible bonds are now proxies of Bitcoin exposure. Microstrategy's Bitcoin holdings now stand at 331,200 BTC, worth $30.4 billion. This is almost 1.6% the entire Bitcoin supply. Meanwhile, the company's market cap is at $80 billion, showing a more than 2x premium over the company's Bitcoin holdings.
Many traders of course are deeply sceptical about this setup. Too much post-traumatic stress from the 2022 blowup not just of Luna/Terra but also of the Grayscale trade remains. For those who do not remember, the Grayscale Bitcoin fund was a pre-ETF Bitcoin fund that was open to traditional investors. It was essentially a proxy for holding Bitcoin. For years, it traded at a premium. Funds, such as Three Arrow Capital, would leverage up on Bitcoin, deposit into the fund and then sell fund shares at a premium. But when the premium flipped negative in 2021, it signalled the beginning of the end for many overleveraged funds and traders. The case of MSTR seems somewhat different, but traders should watch the amount of leverage at play and which direction the MSTR premium over Bitcoin will go for an indication of the market cycle.
Whichever way this goes, it certainly does fill like the markets still have room to run. So for now we all remain in the $100,000 Waiting Room. It should not be much longer from here.