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Bitcoin's road to 150,000 Bitcoin Halving 2024: A New Era The fourth Bitcoin halving, expected on April 15, 2024, will cut the block reward to 3.125 BTC, increasing scarcity and reinforcing its deflationary nature. Historically, halving cycles drive three phases: a bullish uptrend in the first 70,000 blocks, a bearish retracement in the next 70,000, and sideways consolidation before the next halving. This cycle points to a potential peak of $150,000, supported by historical trends, logarithmic regression, and metrics like the MVRV ratio. Current Market Position Bitcoin has emerged from the sideways phase of the third halving era (2020–2024) and is poised for a bullish run. The MVRV ratio, currently at 2.24, signals fair value, with room for growth. Historical patterns show Bitcoin dominance surges above 70% during bullish phases, supporting price appreciation. Halving Cycles and Projections Bitcoin's logarithmic regression model aligns with these price phases: Bullish Phase (0–70,000 blocks): Exponential growth; projected high of $150,000. Bearish Phase (70,000–140,000 blocks): Retracement of 80%, with lows around $55,000. Sideways Phase (140,000–210,000 blocks): Consolidation before the next cycle. MVRV Ratio Insights The MVRV ratio (Market Value to Realized Value) serves as a key valuation tool: MVRV > 3.7: Overbought, market tops. MVRV < 1: Undervalued, market bottoms. The current reading of 2.24 reflects equilibrium, signaling potential upside. Timeline Overview April 2024 (Halving): Demand rises, supply tightens, sparking bullish momentum. 2025–2026: Peak at $150,000 as the bullish phase matures. Post-Bullish Phase: Retracement to $55,000, consistent with historical patterns. Conclusion Bitcoin’s cyclical dynamics, driven by halving mechanisms, position it uniquely in financial markets. Historical data and on-chain metrics suggest a bullish trajectory to $150,000, with an 80% drawdown to $55,000 post-peak. While short-term volatility remains, Bitcoin’s long-term appeal as a store of value persists. Disclaimer: This analysis is educational and not financial advice. Cryptocurrency investments are volatile, and past performance does not predict future results. Sources Coin Metrics CryptoQuant TradingView Data Analysis
BITSTAMP:BTCUSDLong
by Theperfectionist
1
What I Expect Through The New Year Absent A Government Shutdown.Traders, minus a government shutdown, I do expect another altcoin pump. However, the possibility of a shutdown is throwing a big wrench into my thesis. We'll talk about how price action would look in both scenarios as well as discuss the new crypto cycle rotation. You should get to know this new rotation to remain most successful in your trading. As always, we'll start with the DXY, VIX, SPY, and NVDA and discuss future direction and what it means for our crypto space.
COINBASE:SOLUSD
by stewdamus
2
US10Y going lower as Fed has no choice but to continue cutting.More than 1 year ago (November 7 2023, see chart below), we made a bold (for the time being) call on the U.S. Government Bonds 10YR Yield (US10Y), as against the prevailing market sentiment we gave a sell signal, right after what turned out to be a top: Today we revisit this pattern, following yesterday's Rate Cut by the Fed primarily because of their statements that instead of 4, they will only proceed to 2 more cuts in 2025. We believe this to be false and expect the Fed to quickly resume the previous outlook. The chart shows that the 1M RSI Lower Highs have are consistent with the previous Bearish Reversal on the US10Y price, similar to 2006 - 2007. We are expecting to hit the 0.382 Fibonacci retracement level at 2.100%, as the Fed's Cut Cycle will be accelerated in order to meet within 12-18 months their 2% inflation target and stabilize. For better illustration we have plotted also the U.S. Interest Rate (red trend-line), where you can clearly see that the fractal we compare to today, is right before cuts started in August 2007. Also it is a natural consequence for the US10Y to fall when rate cut cycles start, evident also in June 2019, December 2000, May 1995, May 1989 September 1984, May 1981 etc. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:US10YShort
by TradingShot
12
QQQ Bearish Engulfing Candle on Weekly TimeframeAccording to our models QQQ will keep correcting for another 3-4 Weeks and approximate correction would be 8% Entry Short: 524 Exit Short: ~ 480 All the best. Marketpanda Disclaimer: The information provided is for general informational and educational purposes only, and does not constitute financial, investment, or legal advice. None of the content shared should be relied upon as the sole basis for making investment decisions. Prior to making any financial or investment decisions, it is strongly recommended that you consult with a qualified financial advisor, accountant, or other professional who is familiar with your individual circumstances and risk tolerance. Any reliance you place on the information presented is strictly at your own risk, and we are not responsible for any losses, damages, or liabilities resulting from your investment or trading activities.
NASDAQ:QQQShort
by marketpanda123
META pulled back, I'm taking advantage! 30% UpsideH5 TRADE - NASDAQ:META If you want a great fundamental investment as a trade then let NASDAQ:META be your huckleberry friends! Called out this breakout two weeks ago but wanted wait for this retest to happen. Well, we got it! -H5 Indicator is GREEN -Ascending triangle breakout with a retest which formed a Bull Flag that broke out as well and now retested. -Williams CB formed and thriving, even with the big pullback yesterday -Sitting on a Volume Shelf with ATH free space above Bought in with 25 shares and will add some options on open. 🔜🎯$706 🎯$780 Not financial advice
NASDAQ:METALong
by RonnieV29
11
BTC will Fly SoonBTC is currently exhibiting an upward trend, trading within a parallel channel characterized by inclined support and resistance levels. Notably, BTC has experienced three instances of reversal from support and three from Resistance levels. Presently, BTC is positioned at the support level and has initiated a reversal, indicating a directional bias towards the upside. Our recommended buy zone for BTC is between 96500_97500 With potential take Profit level at T.P1= 100000 T.P2= 103000 T.P3= 105000 T.P4= 108000 Having stop loss= 94500
BITSTAMP:BTCUSDLong
by LeonardoTrader9t9
VET Bull Run Ignites: Unstoppable Growth Ahead!VET appears poised to continue its upward momentum, driven by strong fundamentals and a thriving ecosystem. Recent price movements have been substantial, reflecting growing confidence in VeChain's potential. Historically, periods of significant upward movement are often followed by phases of consolidation, providing a foundation for sustained growth. Looking ahead, the current uptrend seems to be in its early stages. With VeBetter playing a pivotal role as the cornerstone of the ecosystem and rapidly expanding its influence, the outlook for VeChain in 2025 remains highly optimistic. The combination of robust fundamentals and ecosystem growth suggests a promising future for NYSE:VET and its stakeholders.
by TheCryptoCity
1
USDT Dominance Analysis!!The area highlighted in yellow is around 3.80% to 3.90%, which aligns with recent higher lows and historical demand. 4.20%: Immediate resistance where the price is currently reacting. The dashed line indicates 4.45%: Key resistance and potential target. Descending resistance trendline: Broken upwards, indicating a bullish reversal. 200 MA (green line): Acting as dynamic resistance, now broken. The descending trendline and breakout above the 200 MA suggest that USDT dominance is gaining momentum. The price may revisit the 4.00%–4.10% area for a retest before moving towards the 4.45% target. If dominance sustains above 4.00%, continuation towards 4.45% is likely. Keep an eye on strong candles and rising volume to validate the breakout. A drop below 4.00% will invalidate the bullish setup, with a possible retest of the 3.80%-3.90% support area. The chart shows a clear breakout from a downtrend, indicating a bullish bias. Keep an eye on a retest of support and follow-up towards 4.45%. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your research and consult a financial advisor before making investment decisions. For updates on other coins or personalized insights, feel free to reach out via DM. @Peter_CSAdmin
CRYPTOCAP:USDT.D
by CryptoSanders9563
1
ETHEthereum (ETH) Weekly Chart Analysis – Cup & Handle and Inverse Head & Shoulders Overview of Current Setup: Upon reviewing Ethereum’s weekly chart, a classic cup and handle formation is evident, with a confirmed breakout already in progress. The current price action suggests a potential backtest of the breakout zone, reinforcing the integrity of this pattern. Simultaneously, within this backtest, an inverse head and shoulders pattern is emerging – another bullish signal indicating that Ethereum could see further upside in the coming months. Pattern Breakdown: • Cup and Handle Formation: • This is a bullish continuation pattern that often signals the resumption of a strong uptrend after a period of consolidation. • The initial breakout suggests strong buying momentum, but as is common, the price is retracing to retest the breakout zone, essentially validating the strength of the move. • Inverse Head and Shoulders (H&S): • This pattern typically forms after a downtrend or corrective phase and often marks a reversal point. • The presence of this pattern within the backtest area adds confluence to the bullish outlook. Profit Targets: Given the alignment of these two patterns, the upside potential for Ethereum is significant. Here’s how the targets shape up: • Primary Target Range: $5600 - $6000 • This range represents a conservative measure of the breakout from the cup and handle, projected by mirroring the depth of the cup. • Extended Target: $6500 - $7000 (by mid-2025) • If momentum accelerates and bullish conditions persist, ETH could stretch towards this level as a secondary target. Stop Loss Strategy: • Key Level: Below $2800 • This represents a critical invalidation point. If Ethereum dips below this level, it would likely indicate a breakdown of the patterns mentioned, signaling potential further downside. • Since this is a weekly chart, patience is key. Short-term fluctuations and liquidation dips are common, so avoid overreacting to minor price movements. Timeframe & Approach: • Time Horizon: Weekly chart patterns generally take longer to develop and fully play out. This projection anticipates growth and price appreciation into mid-2025. • Mindset: This is a longer-term analysis. Avoid emotional trading or reacting impulsively to short-term volatility. Ethereum’s price action may involve consolidation, retracements, and temporary corrections along the way – all part of the process. Summary: Ethereum’s weekly chart shows compelling bullish signals through both a cup and handle pattern and an inverse head and shoulders formation. This confluence increases the likelihood of further upside. With profit targets in the $5600-$6000 range, and extended targets as high as $7000 by mid-2025, Ethereum presents a promising opportunity for patient traders. A stop loss below $2800 ensures risk management while allowing room for price action to develop naturally. (ChatGPT made me do it lol)
BITSTAMP:ETHUSDLong
by TriumphOne
Ena/UsdtBINANCE:ENAUSDT ### **Ena Current Price: $1.0215 💰 (Resistance Level)** The current price of **Ena (ENA)** is at **$1.0215**, which is a **key resistance level**. A **resistance level** is a price point where the asset might face selling pressure, which could prevent the price from moving higher. In simple terms, **$1.0215** is a level where traders may decide to sell, thinking that the price might not go higher. If the price holds at **$1.0215**, it suggests that buyers are still active and willing to support the price at this level, but if the price manages to break above this resistance, we could see further upward movement. --- ### **If the Price Holds at $1.0215 🚀:** - **Resistance at $1.2032 🔝**: If the price manages to hold at **$1.0215** and continues its upward momentum, the **first resistance level** to watch is **$1.2032**. This is where the price may face increased selling pressure again, which could slow down or stop the price from moving further upward. - **Resistance at $1.3543 🌟**: If **$1.2032** is broken, the next major **resistance level** is **$1.3543**. If the price reaches this point, there may be a stronger resistance, and it could act as a ceiling for the price, making it harder to go higher. --- ### **If the Price Fails to Hold at $1.0215 🚨:** - **Support Levels:** - **$0.8222 🔻**: If **Ena (ENA)** fails to hold the **$1.0215** level and starts falling, the **first support level** to watch is **$0.8222**. Support levels represent prices where the coin might find buying interest, preventing the price from falling further. If the price reaches **$0.8222**, buyers may step in, creating a "floor" for the price. - **$0.7131 💥**: If **$0.8222** doesn’t hold, the next level of support is **$0.7131**. At this point, the price could face further downward pressure, but **support** at this level may help stabilize the price again if demand picks up. - **$0.5945 🌊**: If the price continues to drop, the **final support level** is **$0.5945**. This is a crucial level because if the price falls to this point and cannot bounce back, it could indicate a deeper downward trend. --- ### **Summary:** - **$1.0215** is a **resistance level** where price might struggle to go higher. - If **Ena (ENA)** holds at **$1.0215**, resistance levels at **$1.2032** and **$1.3543** could limit further upward movement. - If the price doesn’t hold at **$1.0215**, **support levels** at **$0.8222**, **$0.7131**, and **$0.5945** might provide a "floor" for the price to bounce back. --- ### **Conclusion:** - If **Ena (ENA)** maintains **$1.0215**, it could continue to test higher resistance levels at **$1.2032** and **$1.3543**. - If the price fails to hold **$1.0215**, the support levels at **$0.8222**, **$0.7131**, and **$0.5945** could come into play, potentially preventing further declines. --- **Not financial advice!** 🚨 Always do your own research and make decisions carefully! 📈
Long
by Wolftrader1337
GBPJPY Strong bullish break out inside the Channel Up.GBPJPY is having its strongest (1d) candle today in almost 18 months. The main pattern is a Channel Up and this rise is extending its new bullish wave. The previous one retested the MA50 (1d) after crossing over it and the resumed the uptrend to peak on a +8.70% rise. Trading Plan: 1. Buy on the next MA50 (1d) test. Targets: 1. 204.500 (+8.70% rise). Tips: 1. The MACD (1d) formed a Bullish Cross 9 days ago, the 3rd inside this 5month Channel Up, which confirms that we are on a bullish wave. Please like, follow and comment!!
Long
by TradingBrokersView
BTCUSD 12/20/2024Performance Recap (Previous Analysis from 10/8/2023): • Entry: 27,948 • Targets Achieved: o 63k (+127.81%) o 96k (+244.56%) • High Reached: 108k ________________________________________ BTC/USD Daily Chart Analysis Technical Analysis (Current Scenario): Chart Patterns: • Cup and Handle Formation: o Confirmed breakout signals bullish continuation. o Long-term uptrend reinforced. Indicators: • Golden Cross: The 50-day EMA has crossed above the 200-day EMA, signaling a bullish trend. • MACD: Firmly in bullish territory, confirming positive momentum. • Hammer Candlestick: Closed at support (around 92K), indicating potential reversal and entry point. Support and Resistance Levels: • Support: o 92K (key level tested multiple times). o 50-day EMA (current level). • Resistance: o None until the 310k target based on the Cup and Handle projection. ________________________________________ Target Analysis: • Cup and Handle Target: o Measured distance from the cup's bottom to its neckline. o Projected Target: 310k. • Timeline: o Historical reference to 2013–2017 suggests a 6–8 month timeline with minor pullbacks for additional entry opportunities. ________________________________________ Trade Setup: • Entry: 97,703.80 • Stop-Loss: 69,092.64 (-29.28%) • Target 1: 310k (+217.29%, 7.42 RR ratio). • Target 2: Use a trailing stop based on the 20-day EMA if price exceeds 310k Summary: BTC/USD has surged from 27K to 108k since the last analysis, forming a textbook Cup and Handle pattern, which has now broken out, confirming a bullish reversal and signaling a continuation of the long-term uptrend. Key indicators, including a Golden Cross between the 50-day and 200-day EMAs and a bullish MACD, support this momentum. Currently, BTC is bouncing around the 92K support level and holding above the 50-day EMA, which also acts as a support. The appearance of a Hammer candlestick at this level further solidifies the bullish case and sets the stage for a new long position. The measured move for the Cup and Handle pattern projects a target of 310k. Drawing from historical price behavior, this uptrend could unfold over the next 6–8 months, with minor pullbacks offering additional entry opportunities. This setup presents a strong technical case for continued upside, with a clear structure, supportive indicators, and a high-probability target.
COINBASE:BTCUSDLong
by rudcharts