BTC TO START FALLING SOON?Btc might start a big bearish move soon. we already can see how price has reacted to the upper trendline in the past. Note, this is just an analysis and not a financial advice.Shortby Mathtrillionairefx225
100k BTC appears to be in the LPSY stage of Wyckoff DistributionCompare the chart with the final stages of a Wyckoff distribution cycle chart and you can easily see with are in the final stages of the LPSY phase. I expect BTC to open to the upside during London open or NYSE open then crash quickly. Trade carefully. Shortby swineninety9Updated 111
Bitcoin 'confirms' support at 92k. But we have lost momentum. All the work to get above 100k and then confirm that support level has for the most part been lost at this point. Good news is that we have someone buying in at 92k which has been our support level. Bad news though is that we have broken out of an upward channel, and appear unable to regain it. For now, momentum is to the downside.by chillcrypto1
Bottom in for $BTC? Bullish divergence on the 1hr.Time for a relief rally for CRYPTOCAP:BTC ? We see a Bullish divergence on the 1hr time frame. We know for sure that the bottom is in when we see a Bullish divergence on higher timeframes. BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P BYBIT:BTCUSDT.P CRYPTO:BTCUSD BINANCE:BTCUSD MEXC:BTCUSDT.P Longby KennyCryptoNL1
$BTC followed my arrow perfectly.In my last BTC post I shared you can see BTC followed my arrow perfectly. Whats next? I expect us to bounce between 92/88k. If not then look at green box for bounce. Which means alts will bleed more if we do god down there.by Crypto_Noki1
Bitcoin long Time to execute our longs. We were hoping for this correction. Retest of the trendline and i think she is ready for a take off . Longby CrocoCrypto2
Daily Analysis of Bitcoin – Issue 234The analyst believes that the price of { BTCUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.Shortby MoonriseTA222
Where do we go from here?If you're looking at this in terms of market cycles in correlation with halvings... These are my opinions in an attempt to pick the top 3 most likely scenarios for the next 12-13 months. Please provide feedback as this is not about ego, it's more of a thought exercise. The 2 vertical lines are the window/time frame for exiting. The diagonal lines represent the tops of the previous 2 market cycles. Not in any particular order are what I consider the 3 most likely scenarios... 1. The theory of diminishing returns applies. Bitcoin is becoming larger and less volatile. It is possible that this market cycle will not break past the red line projections. If this is true then the next market cycle may see less than 100% return. Conclusion--market cycle has already peaked. Projection: bleed-off of BTC price to approximately FWB:73K before starting into the next bull market cycle. Start buying again in about 2 years. 2. Everything the same as 1 except Conclusion--market cycle has not yet peaked. Projection: 3-4 months of pain or longer if the bleed is slow. Tops out by the end of next year between $114k and $130k. 3. We are on the verge of government adoption and regulatory clarity in the USA and several other countries. Conclusion--market cycle has not yet peaked. Projection: A steep pull back over the next 3-4 months to meet the fast moving average bringing BTC price as low as 80k-75k before violently snapping up as we see the gears of legislation starting to move, breaking the projection from the previous 2 cycles driving BTC price beyond 200k by the end of next year. But those are just my thoughts. What do you think?by Narsty_Boy332
#btc #elliottwave long buy setup wave 5of3 20Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.Longby alibadshah88113
SPY/QQQ Plan Your Trade For 12-18 : Gap Up LowerPay attention to the SPDR Sectors and how they appear to be moving downward (potentially rolling into a topping pattern). I believe the US markets may roll into a topping pattern before the January inauguration. President Biden could throw a bunch of curveballs at the US before he ends his term. I urge traders to stay agile and protect assets. We'll have lots of time to deploy our capital after the Inauguration event. With only a week before Christmas, I urge everyone to start trading much smaller positions and prepare for a very light trading week through Christmas. Remember, the markets typically begin to move more aggressively after January 7-10. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #goldShort28:30by BradMatheny448
Bitcoin technical analysis + trade planThe chart shows a clear falling wedge formation. This is a bullish reversal pattern that suggests a potential upward breakout. Price is nearing the wedge's apex, indicating that a breakout might be imminent. Key Support and Resistance Levels: Support Levels: $88,671.83 (near-term critical support) $86,000.00 (strong psychological support) Resistance Levels: $95,497.11 (short-term resistance near breakout zone) $108,329.96 (target resistance post-breakout) Indicators: VWMC Cipher B Divergences: Bullish divergence appears on the indicator, aligning with the falling wedge's bullish potential. RSI: RSI is below 30, indicating oversold conditions, which often precede a rebound. Money Flow Index (MFI): MFI is oversold, suggesting incoming buying pressure. Stochastic Oscillator: Stochastic is in the oversold region (<20), showing high potential for a bullish reversal. Market Sentiment: Given the oversold indicators and bullish pattern, the market is primed for a potential upside movement. However, confirmation of the breakout is critical. Trading Plan: Entry Strategy: Enter long near the wedge's lower boundary (~$90,000), with a tight stop loss below $88,000. Conservative Entry: Wait for a breakout above the wedge's resistance (~$96,000) and enter after confirmation with a retest of the breakout level. Stop-Loss Placement: Place stop-loss below the nearest support level: Aggressive traders: $87,500 Conservative traders: $92,000 (post-breakout retest failure) Profit Targets: First Target: $108,329.96 (major resistance level post-breakout) Second Target: $114,000 (psychological level, based on historical price action) Risk Management: Risk no more than 1-2% of your portfolio per trade. Use position sizing to balance risk-to-reward ratios (minimum 1:3). Monitoring Volume: Ensure the breakout is accompanied by increased volume. Candle Structure: A solid close above $96,000 validates the move. Invalidation: If the price falls below $88,000, the wedge pattern is invalidated, signaling further downside. Alternative Scenario (Bearish): If Bitcoin breaks below $86,000, expect a test of lower levels. Potential targets include $82,000 and $78,000. Bitcoin is poised for a significant move. The falling wedge, oversold indicators, and strong support levels suggest an imminent bullish breakout. However, patience for confirmation is key to minimizing risk and maximizing gains. Adjust your strategy dynamically based on market conditions.Longby elfabiiani3
Batarang Backfire for BTC!In the shadowy world of crypto, where fortunes are forged and lost in the blink of an eye, Bitcoin finds itself standing on the precarious edge of Gotham’s tallest skyscraper. At $104k, the caped crusader of cryptocurrencies is flying high, but beware—the Batarang is about to backfire. The signals in the market skies hint at the return of the good old Dark Knight Dive. It’s not the fall we fear, but the landing—$90k is where the Batcave awaits. Much like Gotham’s vigilante, BTC has faced its share of villains—market manipulators, FUD spreaders, and the infamous Penguin of Panic. Yet, this time, the weight of over-leveraged trades and thinning demand may pull it down like a grappling hook tethered to the depths. Altcoins, as Robin to BTC’s Batman, are likely to follow suit, retreating into the shadows as the crypto market takes its breather. The Joker of volatility might chuckle, but seasoned Gotham traders know: this isn’t defeat. It’s a tactical retreat. The Bat-Signal shines brightest in the darkest hours, and $90k could just be the staging ground for the next heroic climb. Until then, buckle up, citizens of Crypto Gotham—the Dark Knight Dive awaits.Shortby UnitedFreedomJapan221
BTCUSDBlood on the streets stay woke Fam this may get messy bears are angry and will dump the assets to inflict all sorts of maximum pain.Shortby waynepipkill2
this is why BTC dropped from a technical standpoint this is what I see: BTC is testing the biggest challenge which is the YEARLY top trendline so it can be tough to break the PULLBACK can be painful for investors if btc cant break this zone (especially alts) But if and when btc finally breaks that, it will be huge and we might not see btc below that trendline again in the future only time will tellby Cleerboy1
possibility of uptrendConsidering the price behavior in the current resistance range, the downward trend will likely continue If the price breaks through the resistance range, the upward trend will likely continueLongby STPFOREX1
BTCUSD : Good luckThis is a follow-up to the chart published on 14 Nov. As I said, patience is important. As to what happens next, it depends on luck. Good luck.Shortby i_am_siew1
BITCOIN IS STILL BULLISH , WAVE 5 IS COMINGattached is the wave 4 correction drawing, its still bullish, it will pass 107000 soon , stay tunedLongby Tahlil-Forex4
Bitcoin Outlook after the Dip. What to expect NOW?if Bitcoin cannot hold the $130,000 range, the price could drop to around $100,000 or even lower. After that, it can continue its growth again. 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!! by CobraVanguardUpdated 62
Pride Comes Before the Fall: A Trading Lesson in HumilityIn trading, as in life, pride can be your undoing. The saying “Pride comes before the fall” holds a profound lesson for traders who let overconfidence cloud their judgment. While confidence is an essential trait for success, excessive pride often leads to reckless decision-making, ignored warnings, and ultimately, significant losses. This post explores the dangers of pride in trading and how maintaining humility can safeguard your capital and enhance your decision-making process. The Dangers of Pride in Trading 1. Overconfidence in Winning Streaks Few things inflate a trader's ego like a winning streak. When every trade seems to go in your favor, it's tempting to believe you've mastered the market. However, markets are dynamic and unforgiving. - Overconfidence may lead you to take larger positions, abandon risk management strategies, or ignore market signals. - A single unexpected move can erase gains and even wipe out your account. 2. Refusal to Admit Mistakes Pride can prevent traders from accepting when a trade idea is wrong. This often results in: - Holding onto losing trades longer than necessary. - Averaging down into bad positions, magnifying losses. - Ignoring stop-loss levels because of a belief that the market will "come back." 3. Chasing "Revenge Trades" After a loss, pride might push you to recover your losses immediately by doubling down on risk. Revenge trading is driven by emotions rather than logic, often leading to bigger losses. 4. Ignoring the Bigger Picture Pride can blind traders to critical market realities. Instead of adapting to changing conditions, they stubbornly cling to outdated strategies or refuse to learn from others. How to Keep Pride in Check 1. Treat Every Trade as a Probability Game The market doesn't owe you anything, and no strategy guarantees success. Every trade involves risk, and outcomes are influenced by factors beyond your control. - Focus on executing your strategy consistently rather than trying to "win." - Acknowledge that losses are a natural part of trading. 2. Stick to a Risk Management Plan Pride can tempt you to exceed your risk limits. Combat this by: - Using fixed position sizes relative to your account balance. - Setting stop-loss levels for every trade and respecting them. 3. Practice Continuous Learning Markets evolve, and so should you. Humility keeps you open to learning new strategies, techniques, and perspectives. - Analyze your trades, both wins and losses, to identify areas for improvement. - Seek mentorship or study market history to gain broader insights. 4. Detach Emotionally from Trades Acknowledge that a single trade doesn't define you as a trader. - Avoid tying your self-worth to your trading results. - Focus on the long-term process rather than short-term outcomes. Conclusion Pride is one of the most dangerous emotions a trader can harbor. It clouds judgment, promotes reckless behavior, and blinds you to market realities. Trading is not about proving you're right—it's about staying disciplined, managing risk, and adapting to ever-changing conditions. Remember, humility is your greatest ally in the market. Stay grounded, respect the risks, and you'll be better equipped to navigate the ups and downs of trading without falling victim to the perils of pride. Pro Tip: Write this on a sticky note and place it near your trading screen: "The market is always right. My job is to listen, adapt, and act accordingly."Educationby Mihai_Iacob2214
Btc / UsdtBINANCE:BTCUSD CRYPTOCAP:BTC is facing resistance at the upper trendline of the rising wedge pattern, indicating potential bearish pressure. A clear breakout or breakdown is required to determine the next direction. Are you ready to explore altcoins? Disclaimer : Not Financial advice by Wolftrader13372
Bitcoin buy 96670Bitcoin declined to test support in 4 hr charts At the same time on 2 min prices created gaping up separation Buy on the retest Let see if buyers can push price higher from here To test 102 levels again Longby Forexblade2
BTC weekly update#Bitcoin HTF strong stance continues! Don't fall prey to the CRYPTOCAP:BTC short-time noise!Longby EtherNasyonaLUpdated 119
btc usd Buyif we have choch on frame maybe there is chance btc go to 100.000 againLongby BASIMAALTALIB4