Btcusdshort
BTC Weekly Signal: A Warning or Just Another Test?Analysis:
Bitcoin's current price action presents a critical juncture, marked by the flashing of the PrimeMomentum LongTerm Signal BTC on the weekly chart. Historically, this signal has proven to be 100% accurate, correlating with significant corrections whenever it appears. If the signal persists until the weekly candle closes in 36 hours, we might see Bitcoin entering a deeper corrective phase.
Key Observations:
The Signal's History:
As illustrated on the chart, each red diamond signal in the past has accurately predicted a correction.
Corrections following the signal have ranged between 7% to 25%, with the most extreme being a 72% drop during the bear market.
Potential Correction Zones:
Two imbalance zones have been highlighted as potential targets:
$85,000–$81,600: This aligns with the upper imbalance zone.
$74,400–$70,600: A deeper support area, matching historical price reactions.
These zones are consistent with prior correction depths and market behavior during similar signals.
Market Cyclicity:
Corrections often precede major market rallies. Historical data shows post-holiday rallies were initiated by small corrections, fitting the current scenario.
This aligns with upcoming macro events, including the inauguration of significant political figures, which could fuel renewed bullish sentiment.
What to Watch:
Weekly Candle Closure:
If the signal remains active upon close, the likelihood of a correction increases significantly.
Reaction to Imbalance Zones:
Monitor price action closely if Bitcoin approaches $92,000 or either imbalance zone.
Macro and Whale Activity:
Whales may capitalize on this correction to accumulate Bitcoin at lower levels before anticipated bullish catalysts in 2024.
Final Thoughts:
This setup reflects a dynamic yet critical stage for Bitcoin's market structure. While corrections can appear alarming, they are often healthy retracements that set the stage for stronger bullish moves. Keep an eye on the weekly close and remember that the PrimeMomentum LongTerm Signal BTC has yet to fail in its predictions.
Will Bitcoin's trendline hold, or are we due for another major correction? Share your thoughts and let’s discuss! 🚀
BITCOIN BEARISH FLAG BREAKOUT Bitcoin on H1 timeframe shows a strong potential signal sell due to formation of bearish flag breakout,This potentially attracts more sellers in the next trading days
Entry:94000.3
Target 1: 90784.1
Target 2: 86564.6
Target 3: 79813.2
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BTCUSD Bitcoin (BTC) price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot Exchange Traded Funds (ETFs) in January and the reduced supply following the fourth halving event in April.The beginning of the interest-rate cutting cycle by the US Federal Reserve (Fed) in September, followed by the victory of crypto-friendly candidate Donald Trump in the US presidential election in November, added further momentum. Technical analysis and expert insights within the crypto space support a bullish outlook for BTC, with price targets exceeding $200K by 2025Bitcoin price grew over 140% in 2024, reaching a new all-time high (ATH) of $108,353 in mid-December. This remarkable increase above the $100K threshold and surpassing a $2 trillion market capitalization was significant for Bitcoin and the entire crypto markets
Bitcoin's collapse is imminent Bitcoin's collapse is imminent
Over the past 24 hours, the price swept the shelf of liquidity at 99467, after which right now we are seeing a downward reaction.
The market capitalization is 3.39 trillion and the dominance index is 59.06%.
The fear and greed index is 79 (Extreme Greed).
If we consider BTC from the point of view of structure - the price forms a local descending context. I expect further decline in BTC, at least to the removal of the shelf at 92278, I also do not exclude the deviation from the bottom of the current sidewall, and this is below 90218, up to the test of the first reference area in the form of 1D IMB 85159 - 81534.
I did not take short positions, I will consider long positions when forming a set-up.
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BTCUUSD TARGET 96300 POSSIBLE GUYSHere's a summary of your updated BTC/USD trade plan:
# Trade Plan
- Entry Point: 98100 (current)
- Target: 96300
- Stop-Loss: 98900
# Market Analysis
The BTC/USD is experiencing a bearish trend, driven by a strengthening US dollar and decreasing investor sentiment.
# Technical Analysis
- RSI Indicator: The Relative Strength Index (RSI) is below 40, indicating a bearish momentum.
- Moving Averages: The 50-day moving average is trending downwards, supporting the bearish view.
- Resistance Levels: The resistance levels at 98900 and 100000 could provide a selling opportunity in case of a bounce.
# Risk Management
- Risk-Reward Ratio: Your risk-reward ratio is approximately 1:1.8, which is relatively conservative.
- Position Sizing: Make sure to adjust your position size according to your risk tolerance and account size.
# Trade Progress
You're currently 1800 pips away from your target. Keep monitoring the market and adjust your strategy as needed.
Stay disciplined and stick to your trade plan. Good luck!
GUYS WHAT ABOUT THINK BTCUSD FOLLOW MY CHART GIVE ME SUPPORT AND LIKE COMANET
BTC : All Time High IN - OR Multimonth Playout?Bitcoin has begun a steep drop, and it's likely that the ATH is priced in. This fits my previous idea that the ATH would either be just over or just under 100k.
There is, ofcourse, another option as well - a continuation over the next few months. This is likely if the price of BTC follows a fractal of the previous cycle. It would become likely if we see a strong bounce around the 81-82K zone, pushing us up into the 90's.
But, at the moment, I'm leaning towards the idea that the ATH is in.
It would also makes sense for the ATH to be in, from an Elliot Wave Theory perspective, since we've made a perfect 5 waves. If this is indeed the case, we can look forward to a few more rallies in the altmarket.
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BINANCE:BTCUSDT
#BTCUSD 4H#BTCUSDBTCUSD (4H Timeframe) Analysis
Market Structure:
Trendline Support Breakdown: The price has broken below a previously established trendline support, indicating a potential shift in market sentiment from bullish to bearish.
Forecast:
Sell Opportunity: The breakdown below trendline support suggests that bearish momentum may take over, and further downside movement is likely.
Key Levels to Watch:
Entry Zone: After the trendline breakdown, wait for confirmation of continued selling momentum or a retest of the broken trendline as resistance.
Risk Management:
Stop Loss: Above the broken trendline or recent swing high to limit risk.
Take Profit Zones: Focus on next support levels or Fibonacci projections for potential downside targets.
Market Sentiment:
Bearish Outlook: A trendline support breakdown typically signals that the buyers have lost control, and further downward movement is expected if the price remains below the broken trendline.
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.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BTC\USD Ascending Broadening Wedge FALL ALERTIn this idea we have a ascending broadening wedge On Bitcoin that really matches the behavior we have witnessed recently. I did my best to project the targets we should see as we break out to the downside assuming that is how this moves. Maybe it will maybe it won't. Only time will tell. Good luck to everyone and much love- ND
Ps-If you look at the formation in smaller frames where we are now you will see the exact formation that is towards the end of the example.
BTCUSD - Bitcoin's global uptrend is complete.BTCUSD - Bitcoin's global uptrend is complete.
the global uptrend on Bitcoin (BTC) has come to an end. This point of view has caused an active discussion among traders and investors, especially after key support levels were broken and the market entered a prolonged correction phase.
The main arguments of the “wave-watchers”
Completion of the 5th Elliott Wave
According to Elliott's theory, the global uptrend consists of five waves: three impulsive and two corrective.
Some analysts argue that the fifth wave ended at Bitcoin's all-time high around $69,000 in 2021, after which a long correction cycle began.
ABC-shaped correction development
After the completion of the fifth wave, the market may form a correction in the form of three waves (ABC).
Bitcoin's current dynamics, including the price decline in 2022, is seen as the realization of this correction structure.
Loss of key support levels
Levels that used to serve as strong support (e.g. $30,000 and $20,000) have been broken. This reinforces the view that the market is already out of its global bullish trend phase.
Declining institutional interest
Many large investors have slowed down their investments in Bitcoin, which also indicates a possible downturn in the long-term uptrend.
What to expect next?
Wave structure
The current correction may be temporary and the market will enter a new phase of growth (the beginning of a new cycle of waves).
Key levels to confirm the trend
If the price comes back and consolidates above $30,000-$35,000, it will be a strong signal of bullish trend continuation.
A move below $10,000 could confirm the end of the global uptrend.
Long-term outlook
Bitcoin is still an attractive asset to hedge, especially given its limited supply (21 million coins).
BTCUSDT CORRECTION OR REVERSAL?BTCUSDT CORRECTION OR REVERSAL?
Hello, colleagues!
So, what we have in the middle of the trading week:
Since the last review Bitcoin managed to rewrite its high once again and reached above 108K on the Bitstamp exchange.
Also yesterday was the Fed meeting, the decision of which was to lower the rate by another 25 basis points and followed by the traditional J. Powell conference, during and after which the shedding started in many markets.
#BTC
As for bitcoin specifically, the correction was asked for a long time ago and the asset corrected only by 9% from its high and this decline cannot be called unexpected. At the moment, BTC continues to stay in the trend and there is still room for the correction to continue at least to the upward support at $97-98K and we can't exclude the stabbing even lower, to the trading boundary at 94K. But, in general, from these values I expect a buyback and continuation of growth.
I expect such another near-term decline, mentioned above, within the framework of working out of the candlestick formation Absorption on 1D. For the first time in a long time the asset showed a strong bearish candle and just covered the gap for the last weekend on the CME exchange. In any case, a correction is necessary for any healthy market, whether bullish or bearish.
If we compare each post-halving cycle on the logarithmic chart of the 1Mes TF, we can see that the asset has continued to rise for at least another year. Therefore, there is every chance to continue rising until at least Spring 2025, or even Q4.
3 Scenarios for BitcoinWhen a trend of the peaks that Bitcoin has made since 2016 is taken, we see that after each peak that uses this trend as resistance, Bitcoin enters a correction process up to the HP filter.
Bitcoin, which has done this 3 times in history, is doing it right now. In addition, when I apply a Fibonacci analysis to each correction, I clearly see that Bitcoin is currently in the Fibonacci target area of the last bear season.
There are 3 options for Bitcoin right now. Either it will break this trend for the first time and run without any corrections until at least $120k, or it will be rejected from the trend and pull back to $90k, which the HP filter will reach, and then try the trend once more. On the contrary, the worst case scenario is that it will close below the HP filter for the week and fall to $60k, which means bear season.
Even if the bear season comes, I will switch to the buying side since I think Bitcoin will eventually reach $1m. Therefore, it does not matter how many dollars it is for me.
short 107900 with tp at 100500 sound legit target it will go here easily and i think much more or bit more
but for no risk i take this legit target after the rally he just done its amazing
i not make stop loss in this scenario coz if he go to 110 000 i will had 1 lot and keep my target
if he go 115 000 same...no leverage if u have small balance then apply your RR