Bitcoin (BTC) Analysis: Pullback Signals ReversalBitcoin (BTC) experienced a notable pullback in the past week, sparking concerns among traders and investors. However, recent price action suggests a potential reversal is underway, offering opportunities for traders in the cryptocurrency market.
Technical Analysis:
Price Movement: BTC witnessed a retracement in its price over the past week, reaching key support levels.
Reversal Signals: Recent price action indicates signs of a reversal, with BTC showing resilience and bouncing back from support levels.
Key Levels: Critical support and resistance levels are being closely watched, offering insights into potential price movements.
Market Sentiment:
Investor Confidence: Despite the pullback, investor confidence in Bitcoin remains strong, as evidenced by ongoing institutional interest and positive sentiment in the crypto community.
Volatility Opportunities: The recent pullback has created opportunities for traders to capitalize on heightened volatility in the cryptocurrency market.
Trading Strategy:
Buy Opportunities: Traders may consider entering long positions as BTC shows signs of reversal, targeting key resistance levels.
Risk Management: Implementing proper risk management strategies is crucial in volatile market conditions, helping traders mitigate potential losses.
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Bullrun2024
XAI - Promising Layer 3 BlockchainXAI – this Layer 3 blockchain is a hidden gem waiting to shine. We're riding the waves of a bull run, and XAI's set to skyrocket. Picture this: XAI's not just another blockchain player; it's a game-changer, operating on a level beyond the standard Layer 1 and 2s.
Here's why XAI's the one to watch: Layer 3 brings innovation and flexibility that Layer 1 and 2 can't match. It's like having a secret weapon in the world of blockchain technology. This added layer means more efficiency, better scalability and enhanced functionality. It's the evolution of blockchain, right before our eyes.
Now, with the market heating up, XAI is perfectly positioned to take advantage of the bull run. It's like a coiled spring, ready to launch. We're not just talking small gains; we're talking about a potential moonshot. The kind of growth that turns heads and fills wallets.
So, here's the play: get in on XAI before the crowd catches on. This isn't just a buy; it's a strategic move. We're in for a wild ride and XAI is our ticket to the top.
Remember, timing is everything. Jump in now and we ride the bull market wave to its peak. Miss out and you're left wishing you had a piece of the action. XAI is more than a promising blockchain; it's our opportunity to lead the charge in this bull run. Let's make this move.
Why no one is talking about this? I’m surprised and shocked that nobody is talking about ZCASH.. everybody all other bitcoin.m, Ethereum , Solana .. other cryptos too but what about ZCASH? No one is talking about it but barely because I am seeing value of ZCASH.
So why I said value? Because ZCASH has officially bottomed in the 18$ range and can’t go any lower than that because we already seen bounce back and gains are increasing.. are we going to see 10X ? Probably yes. Now over 6 percent gains in expecting over 10X which will breakout and head short towards $50 then $100 range and the recent high is almost 900$.
Something tells me since it was launched in 2017 and no one is talking about it I do like 500$ then 800$ all time high in 2024-2025 to visit back and then create a new bottom low in 2025.
18$ isn’t a bad idea to buy in this area but highly suggest don’t miss it and happy trading
COSMOS NETWORK AKA ATOMCheck out Cosmos Network , a heavy hitter in blockchain with a whopping $45.416 billion market cap as of writing. This place is a factory for fast blockchain creation and it's got the cash of web 3 VCs backing it. Built on IBC .
Now, let's talk $BINANCE:ATOMUSD. This coin's set for a big leap in the 2024 bull run. Think of it as stacking sats and eth, but with more firepower. This is where the smart money's at.
DeFi is evolving fast. Fall behind and you're just fodder for the big players. (Valortraders will receive institutional funds to trade with within the next decade) Stay ahead and you own the game. Come 2025, the slow ones are going to be left holding an empty bag, while the sharp ones take it all.
We're going to see a lot of new faces buying their first crypto, messing around with their first wallets. But the real play is deeper than the Bitcoin buzz the media's selling. It's about getting in on crypto and DeFi – that's the future.
I've been playing this game for eight years. I know the market's rhythms – it's all about timing and insight. With the right moves, a 100% win rate isn't just possible; it's within reach.
So here's the plan: dive into $BINANCE:ATOMUSD.
This isn't just a trade nor a shitcoin; it's a calculated move.
We're going to ride this wave and come out on top.
Cheers to all the winners and the liquidity givers.
Valortraders on top. Shaking up the trading industry one line of code at a time. Always looking for visionary builders with strong skills. Don't hesitate to DM me with any questions. My purpose is to help people become better traders.
0x0: A Golden Opportunity?Hi Everyone,
As we know, the next Bullrun is near and we are excited to find some great nuggets!
I focused on 0x0 AI SMART CONTRACT AUDITOR and it seems this is a direct competitor of Tornado Cash and Uniswap... It means privacy and security protocols with an another feature... AI technology (probably the next trend for the next bullrun).
Actually, never mind about fundamental! I'm just a technical analysis and what I noticed on this chart, it's a large accumulation zone with a huge potential. Today we trade this asset around 0.15$.
1st target : 7.50$.
2nd target : 37.50$.
It appears completely crazy but these are potential targets.
Let's see in the futur!
Stay safe!
PS: it's not a Financial Advice. Only my plan. Just my point of view.
$BTC Price Prediction: $136,000 (8 Green Weekly Candles Signal)We know a bull run is coming, with ETF approval and institutional money adding to volume early next year. But how high could BTC go? Here's an educated guess:
We just closed 8 weekly green candles on Bitcoin.
You can't see the last time this happened in many TradingView exchange charts, because it was back in 2017, and most of today's exchanges weren't even around back then.
I had to look on INDEX:BTCUSD - dang, it's not working in this link, you have to type INDEX:BTCUSD into Supercharts, as they describe in the most complete Bitcoin trading history , to get to 17 April 2017, and count the eight green weekly candles to 5 June 2017.
This was a move of 156%.
After some consolidation, Bitcoin then went up in a bull run by 537%, to nearly $20k on 11 December 2017.
This is a ratio of 3.4x.
That's the ration for 156% for eight green weekly candles, followed by a 537% bullish move.
Our recent eight weekly candles from FWB:27K to $44k is an increase of 61.53%.
If we have a proportional bull move after some consolidation, 3.4x this 61% is 209%.
That brings us to $136k for the top of the incoming bull run.
This is all speculation, NFA, I'm just a dude on the internet, and I'm probably wrong. But these numbers look intriguing, and give me a plausible exit point for the trades I'm making today.
THETA - Next Step is BullrunHi All,
Here a new analysis.
I like THETA for many reasons: Team, Vision, Fundamuntals and especially, its Technical Graph .
I think we have already did a bottom and it's time to refill my bags again. I expect a beautifull ROI during the next year, as everyone!
We can see on the graph that we're drawing the last wave, number 5 in blue color. This is this wave that I'm gonna focus during the next months.
This wave should be made up of 5 sub-waves (fuchsia color). I think the first sub-wave is over and maybe the second sub-wave has been over also. If so, we're going to have a nice pump in the next few months, maybe weeks.
Plan:
- Trying to sell the top 3 sub-waves (To be determined);
- Trying to buy the bottom 4 sub-waves (To be determined);
- Tying to sell the top 5 sub-waves (target 1: 24$ and target 2: 257$).
Let's get the ball rolling!
Stay safe!
PS: it's not a Financial Advice. Only my plan.
BTC long-term: POTENTIAL SCENARIO!Because there are so many incorrect charts floating around, I decided it was time to create a long-term chart.
I believe that the logarithmic chart's right fit is a square root function, which indicates that the growth is slowing over very long durations. BTC can't just keep expanding exponentially. In 2025, this would result in outrageous pricing in the millions.
I am a long-term bull on bitcoin, but one must maintain reality.
The halvings are what drive these growth cycles since they always result in a supply shock and a subsequent rally.
Of course, these are all just estimates, but I believe this chart to be accurate.
BTC's long-term target is, in my opinion, about 150K USD in 2025 or later. It can be considered the last asymptotic price because it won't increase any further after that.
After the halving, the market experienced a roughly 1000-day bull and bear run. Using historical data, we can determine that Bitcoin entered the subsequent halving at a point that was almost 50% below its peak. In light of this, the price of Bitcoin may reach close to $35,000 before the subsequent halving.
I hope this graph clarifies how BTC's long-term growth dynamics work.
Only in a probabilistic approach, this concept
THIS BREAKOUT WILL CONFIRM THE BEGINNING OF BULL MARKET!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this Total Market Cap update. Looks very interesting.
As you see in the chart, Total M.cap is verge on the breakout in the weekly time frame. Forming a descending triangle in the weekly time frame. If it gives a clear breakout this week, then this will be the confirmation of the beginning of a bull market. Or if we get a rejection from here then we see some correction in the market.
As of now, wait for a confirmed breakout, and meanwhile, just do quick scalps.
What do you think about this?
Do you also think that the bull market will begin from here or do you think that we see another big drop before the bull run?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!