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Orange Breaks, We Fly. Blue Falls, We Dive. The chart highlights two critical regions, each playing a pivotal role in determining the next trend direction for IBIT Bitcoin shares: Orange Box - Key Resistance Zone The orange box represents a crucial resistance area. For the rally to sustain momentum and push higher, this region must be decisively broken and secured. A close above this level, coupled with strong volume, would indicate the bulls are in control, signaling a potential continuation of the upward trend. Blue Box - Key Support Zone The blue box acts as a significant support level. Should the price fall below this zone, it would suggest weakness in the market. A confirmed breakdown, followed by a retest of the orange box from below, provides an opportunity to take a short position, as this would signal the onset of a downtrend. Conclusion: These zones are pivotal for the current market structure. Traders should closely monitor price action around these levels to identify whether the market leans towards bullish continuation or bearish reversal.
NASDAQ:IBIT
by XU99
Bitcoin: The Crypto Rally Isn’t Over—Are You Ready for the Next Bitcoin: The Crypto Rally Isn’t Over—Are You Ready for the Next Leg? Bitcoin has been leading the charge in the recent crypto rally, showing strength and resilience across key levels. While some traders might expect a pause or a pullback, I don’t think the bullish momentum is done just yet. I believe there’s at least one more leg up in this rally, and I’m preparing to capitalize on the move. Here’s the breakdown: Momentum in the Crypto Market Bitcoin has been riding a wave of optimism, driven by institutional interest, improving sentiment, and favorable macro conditions. The broader crypto space seems to be in a risk-on mode, supporting further upside potential. Bullish Continuation Likely The recent rally has broken key resistance levels, signaling strength in the trend. While short-term consolidation or small pullbacks may occur, the overall trajectory remains upward. Trade Idea Looking for Longs: My bias remains bullish, and I’m ready for the next move higher. I’m focusing on dips into support zones or breakouts above resistance for potential entry points. Risk Awareness: While the rally looks strong, volatility in crypto markets can strike unexpectedly. Managing risk remains crucial.
BITSTAMP:BTCUSDLong
by UpstreamTraders
Is Bitcoin's Liquidity Index a Reliable Indicator for PredictingBitcoin (BTC) has been making significant strides in recent times, and a new analysis suggests that the cryptocurrency could reach a local top of $102,000 by January 2025. This prediction is based on the behavior of Bitcoin's liquidity index, a metric that measures the ease with which Bitcoin can be bought or sold. The Significance of Bitcoin's Liquidity Index The liquidity index is a crucial indicator of market sentiment and potential price movements. A higher liquidity index suggests increased investor interest and a stronger demand for Bitcoin. Conversely, a lower liquidity index may signal waning interest and potential price declines. Historical Correlation Between Liquidity Index and Bitcoin Price Historical data reveals a strong correlation between Bitcoin's liquidity index and its price. In the past, periods of high liquidity have often preceded significant price rallies, while periods of low liquidity have coincided with price corrections. The 2025 Prediction Based on the current trend of the liquidity index, analysts predict that Bitcoin could reach a local top of $102,000 by January 2025. This projection is supported by the historical correlation between the index and Bitcoin's price. However, it's important to note that this prediction is based on the assumption that the historical correlation between the liquidity index and Bitcoin's price will continue to hold. While this assumption is reasonable, it's not guaranteed. Several factors could influence Bitcoin's price trajectory, including macroeconomic conditions, regulatory developments, and geopolitical events. Potential Correction After the Peak Following the projected $102,000 peak, Bitcoin may undergo a correction to around $70,000. This potential correction could be driven by profit-taking, overbought conditions, or a shift in market sentiment. Factors Influencing Bitcoin's Price Several factors could impact Bitcoin's price in the coming months and years: 1. Macroeconomic Conditions: Global economic conditions, such as inflation rates, interest rates, and GDP growth, can significantly influence Bitcoin's price. 2. Regulatory Environment: Regulatory clarity and favorable policies can boost investor confidence and drive Bitcoin's adoption. 3. Institutional Adoption: Increased adoption of Bitcoin by institutional investors, such as hedge funds and pension funds, can provide significant price support. 4. Network Upgrades: Technological advancements and network upgrades can enhance Bitcoin's scalability and efficiency, attracting more users and investors. 5. Market Sentiment: Investor sentiment, including fear, greed, and speculation, can play a significant role in short-term price fluctuations. Conclusion While the liquidity index suggests a potential $102,000 peak for Bitcoin by January 2025, it's essential to approach this prediction with caution. The cryptocurrency market is highly volatile, and unforeseen events can significantly impact Bitcoin's price. Investors should conduct thorough research and consider consulting with financial advisors before making any investment decisions. It's also crucial to diversify one's investment portfolio and manage risk effectively. As Bitcoin continues to evolve and mature, its long-term potential remains significant. However, investors should be prepared for both upside and downside volatility in the short term.
BITSTAMP:BTCUSDLong
by bryandowningqln
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Nov 29, 2024Technical Analysis and Outlook: Bitcoin has significantly declined below our Mean Support level of 94400. Nevertheless, the momentum of the bull market has been a pivotal factor, allowing Bitcoin to rebound robustly and heading to retest the established Outer Coin Rally target 99500. Current analysis indicates that the cryptocurrency is poised to surpass the 99500 threshold, consequently reigniting its upward trajectory towards the forthcoming Outer Coin Rally target at 110000. The pullback to Mean Support 95600 and possibly to 91800 is strategically positioning the market for the next phase of the bullish trend.
BITSTAMP:BTCUSD
by TradeSelecter
5 REASONS TO STAY IN THE CRYPTO MARKETThe end of September aka rektember historically the worst performing month of the year is in sight, and October is fast approaching. 1/ October aka ‘Uptober’ or better to say "Moontober" is historically one of the best performing months of the year and in the past two bull run years October’s have all been green – third time’s a charm? FYI last year we pumped 29% and so many of us ordered Countach 2/ It ain’t just October – Q4 historically yields the highest returns of the year Excited for Uptober? Just wait till we hit No Loss November baaaby! 3/ M2 projections vs. CRYPTOCAP:BTC looking bullish M2 tracks the global supply of money. The more money is in the system, the more of it can flow into crypto. Here’s Bloomberg’s 10week projection of M2 supply (black) overlaid with CRYPTOCAP:BTC ’s current performance (red) 4/ The bull market historically takes off at this point See that white line? That’s the current cycle as you see The crypto market seems to be following historical bull market trends closely. We've experienced a stronger than usual rally ahead of the halving, largely driven by expectations around spot Bitcoin ETFs. However, the post-halving rally has been weaker, bringing the market back in line with typical patterns seen in previous cycles. Potential for Growth: If past cycles are any indication, the market is expected to gain momentum from this point onward. Historically, after a weaker post-halving phase, a significant upward surge is needed to complete the cycle. Cycle Length Considerations: There is evidence suggesting that each crypto cycle is lengthening in terms of duration. This trend may reflect increasing institutional involvement, as longer cycles often point to a more mature and stable market 5/ Rate cuts are here! The Federal Reserve has cut interest rates by 50 basis points in their first rate cut since March 2020.This is now the most unexpected Fed decision since 2009. And lowered rates allow more money to flow into markets over time. and after btc pump we will have sweet alt party so buckle up and be ready for printing money
Long
by moonypto
BTC analysis of historic Fibonacci levelsI'm sure this analysis is just one of thousands looking at BTC! It is a point of contention to call the top of a bull run, but what I though I would do is point out a few levels which are points of confluence when you use Fib's from the last bull run and the current bull run to analyse price movement. I've used the initial breakout and retest levels (In the green box) as the starting point of the Fib levels from the 2020-2021 and 2023-2024 bull runs. As we can see at present BTC price is at Fib 1.618 (99k) using the Fib over the 2020-2021 bull run. Highlighted in the red box. The next Fib area of confluence is 120k On a momentum note- BTC is at a point where the percentage growth of its second leg up is 103% compared to 277% in the first leg, BTC is showing signs of slowing momentum similar to the 2021 bull run 321% 1st leg vs 125% 2nd leg. We may see a slightly higher high around 105K but to me BTC price movement is showing similar signs of topping out to the 2021-2022 bull run. Does anyone have a technical case for BTC continuing higher? I know on the fundamental side with Trump being elected that there is a bullish case because of the huge pressure that the Crypto space has been under the last 4 years of Democrat Biden Harris party. With deregulation the industry should prosper.
COINBASE:BTCUSD
by Neilsh
BOBA/USDT 100% POSSIBLITY BREAKBOBS/USDT Analysis: Potential Break Ahead BOBA iTHE new omisego. A good coin takes small steps and holds levels. The BOBA/USDT pair is showing an intriguing setup, which a new break zone could confirm. We will closely monitor the market for any signs of confirmation regarding this coin's movement. If this coin manages to rise from the current zone, it could initiate a new upward cycle. The most promising scenario is a 100% increase which can go with time. However, it’s important to note that this may take time, as there are no guarantees in the crypto market. Additionally, much will depend on further data confirmations. If BOBA achieves a break soon the price could potentially target the $0.45 –$0.62 range. This coin has many levels as open space which can have a break to old levels. Don't expect fast results, the market is going on its way.
Long
by SatochiTrader
3
Rising Wedge Pattern Alert Bearish or Bullish for Bitcoin?In my last post, I shared a bullish outlook for Bitcoin, projecting a potential climb to $131,000 by 2025 if it maintains its current pattern of gradual climbs and pullbacks. However, I also highlighted a critical level $100,000. If Bitcoin faces rejection there, a 20% correction could bring prices down to $78,000. Now, looking at the current chart, Bitcoin seems to be forming a rising wedge, a pattern often associated with bearish reversals. While the price is still trending upward, the converging trendlines suggest momentum may be weakening. This raises the possibility of a breakdown. But, there’s another side to this story. Key Takeaways: 1️⃣ Bearish Scenario: If Bitcoin breaks below the wedge’s support line, we could see a sharp pullback. Based on the height of the wedge, the downside target could align closely with the $78,000 zone I mentioned earlier. 2️⃣ Bullish Scenario: If Bitcoin manages to break above the wedge’s resistance line with strong volume, it could invalidate this bearish pattern. This breakout could not only push Bitcoin toward the critical $100,000 level, but also open the doors to new all-time highs beyond $100,000. A sustained bullish momentum could fast-track Bitcoin’s trajectory to $131,000 or higher as early as 2025. What to Watch: 🔹 Volume: Decreasing volume during this wedge formation may confirm a bearish breakdown, while a volume spike could signal a breakout. 🔹 Support and Resistance: Watch the wedge’s lower boundary for breakdowns or the upper boundary for breakouts. 🔹 RSI & Momentum: Overbought RSI levels could support a bearish case, while bullish divergence would favor upward momentum. Bitcoin remains at a critical juncture, where the next major move will determine whether the bulls take us into uncharted territory or if the bears will temporarily seize control. Either way, this is a pattern to watch closely. Stay tuned for updates as we monitor Bitcoin’s next steps! 📉📈
COINBASE:BTCUSD
by CryptocurrencyWatchGroup
2
Where are we in the Bitcoin Cycle?Let’s break it down: 1️⃣ 60-Day Cycle Count 2️⃣ Cycle Indicators 🧵👇 1️⃣ 60-Day Cycle 📆We’re on Day 20 of the cycle. 💡 Around this time, a small retracement to the mid-cycle low is normal. But here’s the bullish twist: ⚡ In bullish cycles, the mid-cycle low is HIGHER than: The previous cycle low Even the next cycle low ✅ Translation? We’re STILL climbing this cycle! 🚀 Expect upside in the next 1–2 weeks. 2️⃣ Cycle Indicators 📊The 2W, 1W, 3D, and 1D indicators just hit 80—a level that usually triggers a price drop. ⬇️ This marks the top of the 1W cycle and could signal some short-term cooling off. Summary 🧠 🌱 Day 20 of a bullish cycle = Growth ahead. 🔔 Short-term pullbacks = Buying opportunities. 👀 Watch for continued upside over the next 1–2 weeks. Stay on the line. #Bitcoin #Crypto #BTC #TradingView
BITSTAMP:BTCUSDLong
by TheStrategyMaster
1
BTC's Accumulation Phase: Identifying Cycles and Support ZonesH ello, BTC has been in accumulation since spring this year. The white dotted lines show the accumulation curves. There are multiple cycles, each with a pump and a dump arm. The cycles might be different in size, but they share the green bottom support zone where large investors prefer to buy. Bitcoin has a bullish cross signal from the MACD indicator at the bottom. However, the current price is far above EMA 20/50/100/200. Thus, a dip might manifest to correct the price per the EMAs. There's a high probability that players will buy the dip, though and the bull run can continue. I wouldn't buy now because of the potential dip and because the price's at the falling trendline resistance. I aim for long positions, but I'd wait for a correction first and closely monitor how the price reacts around the falling resistance. Regards, Ely
BITSTAMP:BTCUSDLong
by Elysian_Mind
Fetch.ai $FET/USDT - 200D SMA Bull Regime Detection This indicator helps traders identify market regimes using the powerful combination of 50 and 200 SMAs. It provides clear visual signals and detailed metrics for trend-following strategies. We've just had our bull regime print and are trading just 2 days of bull regime duration. Golden cross incoming: 200D x 50D SMA crossover Key Features: - Dual SMA System (50/200) for regime identification - Colour-coded candles for easy trend visualisation - Metrics dashboard Core Signals: - Bullish Regime: Price < 200 SMA - Bearish Regime: Price > 200 SMA - Additional confirmation: 50 SMA Cross-over or Cross-under (golden cross or death cross)
Long
by igreycrypto
2
Bitcoin Analysis Base On Eliott Wave Theor and Macro EconomicsBitcoin Projection Base On Technical Analysis Eliott Wave Theory & Macro Economics Target Price (Bullish Scenario) : 🔹$108.000 = Fibo Extend 1.272 🔹$134.000 = Fibo Extend 1.414 🔹$182.000 = Fibonacci Extend 1.618 INDEX:BTCUSD BINANCE:BTCUSDT Be Careful : 🔹BTC might pullback before breaking out over $100K. 🔹BTC is now in the final Impulse Wave (Wave 5). When Wave 5 finishes, a deeper correction might happen DISCLAIMER : 🔹BTC might pullback before breaking out over $100K. 🔹 Fibo Extend 1.618 is hard to visit, it'll take a while & need some corrections. 🔹Consider trailing TakeProfit in $108K-$134K (In case BTC successfully breakout from $100K) 🔹Be careful of unexpected bad news. 🔹Watch US inflation rates during The FED's rate cuts, as higher liquidity will boost purchasing power and impact inflation. 🔹ETF's Inflow have entered too much, one day hedge funds will taking profit, be careful !. 🔹Donald Trump's company tax cut policy will impact to inflation. If it happens, The FED might have to stop rate cuts, or even raise interest rates.
INDEX:BTCUSD
by kelvin_gautama9
BTC H4 Descending Broadening WedgeBitcoin is currently trading within a Descending Broadening Wedge that appears to be completing and ready to flip bullish. RSI is 51 at time of publishing. Price action fell through the 50 sma and then recovered at the 100 sma. It then temporarily lost the 100 sma and recovered it. PA is currently sitting on the .5 extension. The bottom of the price action has also formed a "v" recovery. I think this area is bottom. Key levels to watch for after the breakout are marked with green horizontal lines and correspond to fib extensions. Not financial advice. Do your own DD. Thanks for viewing the idea.
BITSTAMP:BTCUSDLong
by BallsOfSteel32
Bitcoin at a Crossroads: Will It Break $96K or Pull Back to $90K"Bitcoin's price action remains within a well-defined ascending channel on the 4-hour timeframe, showing a clear structure of higher highs and higher lows. The recent recovery from the lower boundary of the channel highlights strong buyer interest around the $90,000 level, but now the price is approaching a critical inflection point near $96,000. Bullish Case: Potential Breakout Above the Midline If Bitcoin can decisively break above the midline of the channel with strong volume, it would signal a continuation of the bullish momentum. This could pave the way for a rally toward the upper boundary of the channel, aligning with the psychological resistance of $100,000. A clean breakout above this zone might even trigger further upside potential, leading to a retest of higher levels like $105,000 or more. Watch for increasing buy volume and reduced resistance as key signals for this scenario. Bearish Case: Potential Rejection On the flip side, failure to maintain bullish pressure near $96,000 could result in a rejection and a pullback toward the lower boundary of the channel. The key support to watch in this scenario would be the $90,000 level. A breakdown below the channel's support would invalidate the bullish setup and could push Bitcoin toward deeper corrections, possibly targeting $87,000 or even $83,000 as the next significant support levels. Key Levels to Monitor Immediate Resistance: $96,500 (midline of the channel) Major Resistance: $98,000–$100,000 (upper channel boundary & psychological level) Immediate Support: $93,000 (short-term pullback zone) Major Support: $90,000 (lower channel boundary) Indicators & Volume Momentum indicators like RSI and MACD should be closely monitored here. A breakout with overbought RSI might indicate exhaustion, while bearish divergence would support the rejection scenario. Moreover, the trading volume remains critical—any bullish breakout without significant volume could lead to a false breakout, trapping buyers. Market Context It's also important to consider the broader macroeconomic environment. Any significant news—such as regulatory developments, institutional buying, or macroeconomic shifts—could act as a catalyst for Bitcoin's next major move. With the current market sentiment leaning bullish, many traders may remain cautiously optimistic, but risk management is crucial given the volatile nature of the market. In conclusion, Bitcoin is at a decisive moment. Whether it breaks higher or pulls back, this channel structure provides a clear framework for monitoring the next key moves. As always, trade wisely and ensure proper risk-reward ratios in your setups."
by Alireza-Abedi
1
Bitcoin Breaks $95K Pivot: What’s Next After US Inflation Data? Bitcoin ( CRYPTOCAP:BTC ) surged past the crucial $95,000 level following the release of US PCE inflation data, which came in at 2.3% YoY—right on target. This event, combined with strong technical signals and institutional interest, paints a compellingly bullish outlook for BTC. Inflation and Institutional Moves The US Personal Consumption Expenditures (PCE) data revealed steady inflation at 2.3%, aligning with expectations. Core PCE, which excludes volatile food and energy prices, showed a 2.8% YoY increase. This steady inflation reading suggests potential stabilization in interest rates, a scenario historically favorable for Bitcoin as investors seek hedges against inflation and currency devaluation. Additionally, the global landscape for institutional investments in Bitcoin is heating up. Chinese publicly-listed firm SOS recently announced a $50 million investment in BTC, viewing it as a long-term store of value and predicting a $100K milestone. This strategic move signals growing confidence among institutional players, which could drive further price momentum. Technical Analysis Bitcoin’s current price action supports the bullish narrative. Here’s why: 1. Bullish Engulfing Pattern: CRYPTOCAP:BTC is trading around $95,900, having formed a strong bullish engulfing candle. This pattern often signals a trend reversal or continuation, indicating potential for further gains. 2. Golden Cross Formation: BTC’s chart shows a “Golden Cross,” where the 50-day moving average (MA) crosses above the 200-day MA. Historically, this pattern has preceded major bull runs, suggesting CRYPTOCAP:BTC could reach $150K by the end of the year or shortly after. 3. RSI at 67: The Relative Strength Index (RSI) remains in neutral territory—not overbought nor oversold—providing room for further upward movement. This gives traders and investors confidence to enter or hold positions. Since May 2024, Bitcoin was trapped in a falling wedge pattern. It recently broke through this structure at the intersection of the 50-day and 200-day MAs. Outlook: Targeting $150K? With strong fundamentals—rising institutional adoption and favorable inflation data—combined with powerful technical indicators like the Golden Cross and bullish engulfing patterns, Bitcoin appears poised for a substantial rally. We predict BTC could hit $150K by Christmas or early 2025. Investors should watch key levels: maintaining support above $95K will be crucial, with near-term resistance at $100K. If CRYPTOCAP:BTC sustains momentum, a breakout above this psychological barrier could trigger a parabolic move. Final Thoughts As Bitcoin’s narrative strengthens with macroeconomic and technical factors aligned, now may be an opportune moment for investors. Stay tuned—2024 might end with Bitcoin rewriting crypto history.
BINANCE:BTCUSDLong
by DEXWireNews