Bitcoin is Ready to Pump Again==>>Short-termBitcoin ( BINANCE:BTCUSDT ) moved as I expected yesterday.
Bitcoin is moving near the Ascending Channel's lower line , Support lines , and Potential Reversal Zone(PRZ) .
According to Elliott's wave theory , Bitcoin seems to be completing wave 5 .
I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ) and Support zone($95,000-$93,500) .
⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️
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Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Btcanalysis
Bitcoin is Ready to fill CME Gap!!!Bitcoin ( BINANCE:BTCUSDT )is approaching the Resistance zone($105,560-$104,940) , Downtrend line , and Cumulative Short Liquidation Leverage($105,654-$104,709) .
According to Elliott's wave theory , Bitcoin seems to be completing wave 4 . Probably wave 4 will end in the Resistance zone($105,560-$104,940) .
I expect Bitcoin to go towards filling the CME Gap($103,325-$101,840) AFTER breaking the Support line .
⚠️Note: US indices (Federal Funds Rate, FOMC Economic Projections, FOMC Statement) can affect the trend of Bitcoin; the possibility that the market will get excited when the indices are announced is very high.⚠️
⚠️Note: If Bitcoin breaks the Resistance zone($105,560-$104,940), we can expect Bitcoin to rise further, especially if Bitcoin touches $106,200.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Bitcoin Roadmap==>>Short-termWith the start of the new week and the good news that came during the weekend , Bitcoin ( BINANCE:BTCUSDT ) began to pump again and successfully created a new All-Time High(ATH) .
Bitcoin has already managed to break the Resistance zone($104,280-$103,340) .
According to Elliott's wave theory , Bitcoin seems to be completed wave 4 ; we should wait for Bitcoin to rise again . The structure of wave 4 is of the Double Three Correction type(WXY) . Bitcoin is currently completing wave 5 .
Also, USDT.D% ( CRYPTOCAP:USDT.D ) managed to break the Support lines and the Support zone(4.00%-3.90%) ( on the chart it is currently the Resistance zone ) and we have to wait for another attack on the Next Support zone(3.82%-3.77%) . A drop in USDT.D% can make Bitcoin rise .👇
I expect Bitcoin to start rising again after the completion of microwave 4 of wave 5 . Bitcoin's Targets can be :
🎯 $107,320 - $106,967 🎯
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$BTC Looks bullish and ready for more ATHs - LONGCRYPTOCAP:BTC Bullish engulfing on prev 4H close, $107,461 given resistance in effect, Key support at $103,093, $104,987 support yet to be tested. Looks great on 1D, more ATHs to come, $107,857 latest ATH closed with a wick at given resistance $107,461 and testing.
Prediction : Next key resistance areas could be $110,423, $112,255-$112,893, $114,674, $116,908, $119,756.
Cocoa vs BTC. Introducing Cocoa Futures Commodities TradingCommodity trading has been booming in recent months and years, as everything from industrial metals to oil, precious metals to soft commodities (coffee, cocoa) is getting hotter.
Last week, coffee futures traded in New York ICEUS:KC1! reached 348 cents per pound of beans, a new historical high, and frozen orange juice concentrate futures ICEUS:OJ1! exceeded the $5 mark for 1 pound, reaching also a new all-time high.
The macroeconomic situation, the continuing geopolitical uncertainty, as well as the overall market volatility caused by these large movements, create a lot of new opportunities.
In addition, the food and environmental crisis sweeping across the planet (a special type of environmental situation when the habitat of one of the species or populations changes in such a way that it calls into question its further existence) is creating extreme bottlenecks in supply chains everywhere, which leads to shortages on the one hand, and a corresponding increase in prices and opportunities on the other.
Both private investors and professional market participants can use Commodities Cocoa Futures to expand the possibilities of investment strategies - hedging risks and profiting from price fluctuations.
For market participants involved in the production and processing of cocoa, futures contracts will allow them to better protect their income from undesirable changes in exchange prices for cocoa beans.
In addition, for those market participants involved in the wholesale purchase of cocoa, futures contracts allow them to better protect their margins from undesirable price fluctuations in exchange prices for cocoa beans, which lead to an increase in purchasing costs.
The underlying asset of the futures is the price of cocoa beans on foreign markets. The contracts reflect the dynamics of the price of cocoa beans supplied from countries in Africa, Asia, Central and South America to any of the five delivery ports in the United States.
In fundamental terms, on November 29, 2024, the International Cocoa Association (ICCO) raised its estimate of the world cocoa deficit for 2023/24 to -478,000 tonnes from -462,000 tonnes forecast in May, the largest deficit in more than 60 years. ICCO also lowered its estimate of cocoa production for 2023/24 to 4.380 million tonnes from 4.461 million tonnes in May, a -13.1% decrease from the previous year. ICCO forecasts world cocoa stocks to be 27.0% in 2023/24, a 46-year low.
Cocoa prices have risen sharply over the past months due to uncertainty about future cocoa supplies. Recent heavy rains in Ivory Coast have led to reports of high mortality of cocoa buds on trees due to heavy rainfall.
Unfavorable weather conditions in West Africa are pushing cocoa prices sharply higher. Heavy rains in Ivory Coast have flooded fields, increased the risk of disease, and affected the quality of the crop. Newly harvested cocoa beans from Ivory Coast are showing lower quality, with quantities of about 105 beans per 100 grams. Ivory Coast regulators allow exporters to purchase quantities of 80 to 100 beans or slightly more per 100 grams.
In other words, West Africa is now exporting at its maximum productive capacity, but the deficit in world reserves remains and is growing.
The arrival of seasonal harmattan winds could also worsen the situation.
Declining global cocoa stocks is also a bullish factor for prices. Cocoa stocks tracked by the Intercontinental Exchange (ICE) at three major US ports (Delaware River Port, Hampton Roads Port and New York Port) have been declining for the past year and a half and fell to a 20-year low of 1,430,974 bags on Friday, December 13, 2024 (down 15 percent over the past month).
Another important factor for prices is the seasonal approach of the Christmas and New Year holidays, especially in the main cocoa consuming regions - the US and Europe.
Cocoa prices on world markets are again returning above $ 10,000 per ton, while crypto fanatics in their manic persistence to get the last unmined bitcoin are ready to burn the planet Earth to hell and only deepen the food and environmental crisis striding across the planet.
The main graph represents a comparison across BTC and Cocoa prices over past several months.
So, what would you like to choose amid of recent rally in both assets - sweet cocoa or binary digits inside your computer?
Or are you staying on the sidelines? Let’s talk about it!
Send your thoughts and questions into comment box below to discuss about Cocoa Futures Commodities Trading!
Bitcoin Analysis ==>>Ready for Correction!!!Bitcoin ( BINANCE:BTCUSDT ) is moving in the Resistance zone($102,280-$101,000) . (We saw the fake break ).
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing 5 impulsive waves , and we should wait for corrective waves .
Signs of the completion of the main wave 5 in the one-hour time frame:
1-BTC broke the Uptrend lines .
2- Shooting Star Candlestick Pattern formation
3- Regular Divergence(RD-) between Consecutive Peaks.
I expect Bitcoin to fall to at least the Support zone($99,600-$98,000) in the coming hours .
⚠️Note: If Bitcoin goes above $102,540, we should expect a new All-Time High(ATH).⚠️
⚠️Note: If the Support zone($99,600-$98,000) is broken, we should wait for Bitcoin to fall at least to $96,500.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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Btc key levelsBtc chart key levels.
You want the price to stay on top of breakout resistance for a bullish scenario.
Each resistance till than can reject to new lows or offer support and push the price to the next one.
If this works, I can teach you if you give me some big money, if not you can ignore it lol :)))))))))))))))))))))
Bitcoin will make the New ATH!?Bitcoin ( BINANCE:BTCUSDT ) is moving near the Support zone($99,600-$98,000) and has managed to break the Resistance lines .
Regarding Elliott wave theory , Bitcoin completed a corrective wave as I expected .
I expect Bitcoin to rise to at least Resistance zone($102,280-$101,000) and if the Resistance zone breaks , we can hope for a new All-Time High(ATH) soon .
⚠️Note: if BTC goes below the Support zone($99,600-$98,000), we can expect more dumps. ⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analysis==>>FallingBitcoin ( BINANCE:BTCUSDT ) is breaking the Support zone($99,600-$98,620) and the lower line of the Descending channel .
According to the theory of Elliott waves , Bitcoin was able to complete Double Three Correction(WXY) .
I expect Bitcoin to fal l at least as far as the width of the descending channel(broken) .
⚠️Note: We can expect more pumps if Bitcoin goes over $99,900. ⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDT URGENT LOOK 4H. IS THE TOP IN?Let's get some major point clea r:
1. AMEX:BTC is still overbought. Bulls or "moonboiz" must not leave in denial anymore.
2. PA shows a decrease of -1.7% in the last 24-hours
3. The 100k psychological level has been difficult to maintain for Bitcoin.
The channel shows a weakening run, which is expected at this point. The complete correction is yet to happen, only flashes of volatility. If BTC breaks out and down off the lower channel, that will signal the start of the needed correction. 200 EMA will be in play (92k - 90k)
On the bright side, 4h TF is looking too juicy already and same for many Altcoins , I expect AMEX:BTC to pump anytime soon , while the alts will follow. For this bitcoin must catch the 98k price level and hold it .
AMEX:BTC must overcome the resistance price level and reclaim 98k - 99k . Mondays are usual bloodbath due to Market fresh actions.
Small traders are driving the volatility at the moment, while large investors are holding strong. Monthly looks good for bitcoin as well, which makes me not cancelling 120k - 140k bitcoin price in this run.
I'll be neutral for now, update to follow soon.
Like and follow. Comment if you disagree.
The last bullish chance of BITCOIN in Short term!Bitcoin reached a new high yesterday but then dropped to $92,000 to liquidate positions. This price decline created a bearish scenario. As you can see, Bitcoin is forming a descending wedge. If this pattern breaks, the price could drop to $92,000. However, we cannot say Bitcoin is bearish right now because as long as the wedge does not break, Bitcoin can still be bullish. So, we wait to be sure.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Btc key levelsFor now btc wicked perfectly the top target on long term hourly chart.
This does not exclude higher prices. But with the data we have now a retracement to 83 - 85k area would be ok and that to offer support for the next move up.
All levels can become resistance and push the price down or support and bounce it to the next level.
BTC Long ideathe last BTC was a little bit ago sorry for the wait, there havent been many opportunities for good rr trades since last time i posted. however now there is. This 8H zone is perfect to continue the long trend of btc with very minimum risk and a lot of potential profit if you trail your stoploss well. i will be looking for confirmation in this 8H SnD with a rather tight SL hoping for at least 1:5 rr to the target, from there i will take a hefty portion off and trail the remaining position. i have developed my own entry criteria and you guys should aswell. if you havent yet developed your own, i highly recommend you do so through thorough back and front testing.
anyways hope you guys like the idea and take the trade with me, let me know if you do end up taking it ;)
BTC: This May Be Your Last Chance Before Exploding to Upside !!
Last year, when I was analyzing this, I wondered if Bitcoin could return to its golden days. At that time, Bitcoin was at $30K , and I was hopeful that good days would come again. Now that Bitcoin has surpassed $80K , I realized that our collective thoughts drive momentum in everything. We had hope , and this hope turned into reality. Now I hope Bitcoin will also reach $100K . Technically, if this weekly candle closes, it can be said that Bitcoin has successfully broken this cup and handle pattern, and after that, it can reach higher prices.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Correction before the rise of Bitcoin. D1 26.11.2024Correction before the rise of Bitcoin 📈
After Trump's victory, crypto is on everyone's lips, in particular bitcoin. A little bit not reaching the psychological level of 100k, the price began to correct. Judging by the structure of the movement, I expect that the downward movement is not a reversal, but a correction and rebound to 100k is ahead of us. Now there is a strong buyers' zone 88700-91900 on the way of fall, from which I expect the continuation of growth. The monthly profile of accumulation also falls into this zone. Perhaps a little false break of the zone will try to make, but in general the area is strong and we are waiting for 100k mark till the end of the year, and further on according to the situation.
BINANCE:BTCUSD
$BTC Update - Given resistance areas coming in effect spot on!CRYPTOCAP:BTC #Bitcoin #bitcoin100k
Given resistance at $103,093 came in effect just as expected, gave this resistance area and more first time on Nov 12th (x.com). Beautiful break at $97,780 and support test before climb towards $100K on 4H and 1D Both! Latest ATH at $104,000 at the time of writing this post. More resistance area predictions given in the quote. Watch Given S/R, $99,361 current key support here as CRYPTOCAP:BTC discovers new support and resistance areas.
CRYPTOCAP:XRP NYSE:TEL UPCOM:FTM LSE:ONE CRYPTOCAP:DOGE and Most ALTs looking good!
Bitcoin will go DOWN by H&S Pattern!!!Bitcoin ( BINANCE:BTCUSDT )started to rise after every positive news over the past days, but then started to fall again . Did you see the negative news that did not come !?
Bitcoin is moving in the Support zone($95,600-$93,200) and Descending channel .
The rise and fall of Bitcoin over the past 5-6 days has managed to form an Head and Shoulders Pattern . (in terms of Classical Technical Analysis ).
Since BTC.D% ( CRYPTOCAP:BTC.D ) started to fall from the Heavy Resistance zone(63.30%-57.10%) and after breaking the lower line of the ascending channel , we can confirm that Bitcoin's dominance on the crypto market can end for a while. If the cryptocurrency market wants to have a correction , Bitcoin can experience a further correction. If the crypto market wants to experience an increase again, we can say that we have entered the Altseason .👇
I expect Bitcoin to fill the CME Gap($93,835-$93,720) AFTER breaking the Head and Shoulders Pattern's Neckline and Support zone($95,600-$93,200) and then decline to at least the H&S pattern's target(around $91,000) .
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
⚠️Note: If Bitcoin goes above $96,800, we can expect Bitcoin to rise again to the resistance lines.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin- Very risky sell, or wait to buy at 85kLast week, Bitcoin came tantalizingly close to the significant milestone of $100,000 but fell just shy of breaching it. After this near miss, the cryptocurrency experienced a minor correction. Yesterday, Bitcoin tested the $100,000 level once again, only to retreat once more, indicating a persistent struggle to decisively break through this psychological barrier.
Like many traders, I am anticipating a more substantial correction in the near term. One potential strategy could involve selling around the $97,000 level, assuming Bitcoin retraces upward before a deeper pullback.
However, this is undeniably a high-risk trade for two reasons.
First, selling at this level goes against the prevailing bullish trend.
Second, with so many market participants eyeing a correction, there’s a risk that the anticipated move might not play out as expected.
A safer and potentially more rewarding approach could be to wait for a more pronounced correction, targeting a buy around the $85,000 level.
This strategy would align with expectations of a continuation of the broader upward trend, with Bitcoin eventually breaking past $100,000.
If the correction materializes, this level might offer a solid entry point to capitalize on the next leg of the rally.