BTCAs you can see last time BTC break the trend line it propelled up and thats what's happening in my ETH idea thats why i think if ETH doesnt break down the blue trendline it will go up like crazy... go check my ETH idea also...by Vicentiste1
Bitcoin Price Analysis: Bullish Cup-and-Handle Formation and PotThe chart displays Bitcoin (BTC) against the U.S. Dollar (USD) on a daily time frame, showing its price movement from 2021 to 2025. Key highlights include a significant upward trend that peaked near $104,000, followed by consolidation and potential breakout patterns. The cup-and-handle formation is evident, marked by a rounded bottom (the "cup") and a smaller pullback or consolidation (the "handle"), signaling a bullish outlook. This pattern suggests that BTC could see a strong upward move if it breaks the resistance level marked by the blue dashed line, which is crucial for confirming the breakout. The "Expected Target" on the chart implies BTC could surpass $100,000 and test new highs if the bullish momentum continues. Support and resistance levels, indicated by the blue and red lines, are essential for guiding future price movement, with past bounces off the red line showing its role as support. Additionally, volume analysis at the bottom reveals buying and selling pressure, with increased volume during potential breakouts suggesting strong investor interest and sustainability of the upward trend.by MuhammadWarsi222
BTCUSD hi yall , btcusd BUY NOW 98600 scalp trade follow me for more {like an comment} the more follows i get i will post more , TP 103600 SL 96544 Risk 1% Or 2% Longby cash8kUpdated 112
Bitcoin: The end of the bull market?For the past 10+ years, bitcoin always follow this cyclical pattern where a bull run will take up to 2 years, followed by 1 year bear market. Then the cycle continues. Will this cycle in the cryptocurrency market continue? Let's see. Shortby marketslave_110
BTC SELL OFF INBOUND - $74,000BTC broke the $100k barrier in true let me suck in the noobs fashion. The reversal off the ATH was fast , hard, and full of HFT. Dont be fooled. This is not a safe entry. I forecast in 1-2 hours BTC will hit $98,100 and then wont see prices too much higher until a trip to the $74,000 - $75,000 Area Using Murrey Math , Elliott Wave and my own brand of bad ass. Good luck. Shortby Urbanmove2
100,000$ per coin - BTC heading to 4th HalvingBITSTAMP:BTCUSD BINANCE:BTCUSD CME:BTC1! COINBASE:BTCUSD What’s Bitcoin? Bitcoin is a decentralized digital currency that operates on a network of computers, eliminating the need for intermediaries or central authorities. It was introduced in 2009 by an anonymous individual or group known as Satoshi Nakamoto, who outlined the concept in a white paper describing a peer-to-peer electronic cash system. Since then, Bitcoin has emerged as the leading and most valuable cryptocurrency globally, with a market capitalization exceeding $580 billion as of October 2023. A notable characteristic of Bitcoin is its limited supply of 21 million coins, a threshold estimated to be reached around the year 2140. The creation of new bitcoins is regulated through a process called mining, which involves solving complex mathematical problems using specialized hardware and software. Miners compete to discover valid solutions that meet a specific difficulty level, adjusted approximately every two weeks to maintain an average block time of 10 minutes. The miner who successfully finds a valid solution for each block is rewarded with freshly minted bitcoins and transaction fees. As of October 2023, the Bitcoin network has witnessed the mining of 813,378 blocks, with a current reward of 6.25 bitcoins per block. Key Insights on Bitcoin's Price: Recently, the mining of the 19.5 millionth bitcoin increased the circulating supply to 93% of the total. Additionally, a logarithmic regression analysis known as the rainbow chart illustrates the historical path of Bitcoin's price movement. This cyclic behaviour can be attributed to several factors: Bitcoin tends to exhibit an overall bullish trend due to its limited supply and the halving of coins entering circulation approximately every four years. Historically, the Bitcoin halving has been a significant catalyst for price movements as it influences the supply-demand balance. The halving reduces the rate of new bitcoins being introduced into circulation while demand typically remains steady or grows over time. This creates a supply shock that often drives the price upward, particularly before and after the halving event. Each halving period encompasses the mining of 210,000 blocks and exhibits distinct phases. The bullish phase spans from the first block to the 70,000th block, followed by a bearish phase from the 70,001st block to the 140,000th block, and finally a sideways phase from the 140,001st block to the 210,000th block. As previously mentioned, the halving diminishes the inflation rate of bitcoin and preserves its scarcity. Bitcoin holds great influence over the entire cryptocurrency market due to its dominant market capitalization. This dominance follows a cyclical pattern, with the market share falling below 40% during bearish phases (after mining more than 140,000 blocks) and rising to around 70% during bullish phases. During each era (between two halving periods), Bitcoin experiences an average drawdown of 80%. Current Analysis: We are currently in the third halving era, which commenced on May 11th, 2020, specifically within the equilibrium phase. The intersection of the mining of the 210,000th block and the lows of the logarithmic regression suggests a value of $30,000 USD per bitcoin. The next Bitcoin halving is expected to take place in April 2024, at block number 840,000. This event will reduce the block reward from 6.25 bitcoins to 3.125 bitcoins, consequently lowering the annual inflation rate from approximately 1.8% to 0.9%. As a halving typically ushers in a bullish phase, it is predicted that the price of bitcoin will surpass $100,000.00 during this era. Technical Analysis Using the MVRV Indicator: One of the tools that can help investors and traders assess the value and potential of bitcoin is the MVRV ratio, which stands for market value to realized value. The MVRV ratio compares the current market capitalization of bitcoin (the total value of all coins at their current price) with its realized capitalization (the total value of all coins at their last moved price). The MVRV ratio can indicate whether bitcoin is overvalued or undervalued relative to its historical average cost basis. The MVRV ratio can also be used to identify periods of extreme market sentiment, such as euphoria or panic. When the MVRV ratio is very high (above 4), it means that bitcoin is trading far above its realized value, implying that most holders are sitting on large unrealized profits and may be tempted to sell. This can signal a market top or a bubble territory. When the MVRV ratio is very low (below 1), it means that bitcoin is trading far below its realized value, implying that most holders are sitting on large unrealized losses and may be reluctant to sell. This can signal a market bottom or a buying opportunity. As of October 2023, the MVRV ratio of bitcoin is about 2.110, which is slightly above its long-term average of 2. This suggests that bitcoin is fairly valued and not in a danger zone. The MVRV ratio has been trending up since November 9th 2022, when it reached a low of 0.75, indicating a recovery in the market sentiment and the lowest price of the 3rd Halving era. As we are far from the overbought level of 4, this suggests that there is still room for further growth in the price of bitcoin. (These illustrations are just for educational purposes and are not financial advices). Sources: 1. trustwallet.com 2. ieeexplore.ieee.org 3. nber.org 4. buybitcoinworldwide.com 5. bitinfocharts.com 6. nerdwallet.com 7. investopedia.com 8. buybitcoinworldwide.com 9. kitco.com 10. coinwarz.com 11. datawallet.com 12. blockchain.com 13. lookintobitcoin.com 14. bing.com 15. bitcoinmagazine.com 16. stopsaving.com 17. decentrader.com 18. trustwallet.com 19. bitinfocharts.com 20. nber.org 21. buybitcoinworldwide.com 22. cryptonews.com 23. finbold.com 24. inferse.com 25. buybitcoinworldwide.com 26. blockchain.com Longby TheperfectionistUpdated 3346
BTC Blow off topBitcoin and crypto as a whole is going to take a much-needed rest. the Next bull run will be much more execitingShortby HareCap2
BTC_ Look at my previous analysisWe are still good, no need to worry. We can worry if it breaks with confirmation below the redline, otherwise, it's just accumulating above the trendline. TP are on the chart. will it pass 137K in the coming months (Let's hope for the best _ We need to be cautious at this level, if we reach it). NFALongby wovenvoids0
BITCOIN $BTCUSD | BITCOIN OVER $100,000 ! Dec05'24BITCOIN BITSTAMP:BTCUSD | BITCOIN OVER $100,000 Dec05'24 BITSTAMP:BTCUSD Trends: BITSTAMP:BTCUSD Weekly: Bullish BITSTAMP:BTCUSD Daily: Bullish BITSTAMP:BTCUSD 4H: Bullish BITSTAMP:BTCUSD 1H: Bearish BITSTAMP:BTCUSD rallied over $100,000 for the first time ever, and just recently price fell all the way to around $92,250. Unsure where BITSTAMP:BTCUSD is headed next but thought I'd throw my indicators and a few quick drawings on the charts. BITSTAMP:BTCUSD also has an ascending triangle pattern that could be a good opportunity for trade entries. BITSTAMP:BTCUSD pullback prices: Is a pullback to $69,000 heating up, here are my potential pullback areas: 91,500 90,500 85,500 77,000 72,000 69,000 This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, bitcoin, bitcoin price, bitcoin halving, btcusd, btc, BTC, BITSTAMP:BTCUSD , bitcointrades, bitcoinlong, btcusdlong, bitcoinshort, btcusdshort, bitcoinanalysis, bitcointrend, bitcoinrange, bitcointriangle, triangle, ascendingtriangle, chartpatterns, trianglechart, ascendingtrianglebreakout, chartpatternbitcoin, bitcointriangle, bitcoinhalvingschedule, bitcoinbreakout, bitcoinrange, bitcoinrangebreakout, triangularpattern, flag, bitcoinpatterns, bitcoinchartpatterns, btcpatterns, btctriangletrade, btctrianble, btctrend, btctrades, btclong, btcshort, btcrange, btcbreakout, btcbreakdown, bitcoinover100000, bitcoin100, bitcoinover100, onehundredthousand, bitcoinascendingtrianglepattern, bitcoinpullbacks, bitcoindrop, bitcoinpricerally by TonyAiello2
Bitcoin If you missed the rally do not top blast. Do not fomo. Do not trade with emotions. If you bought the rally, congrats. Pay yourself. Do not get blinded by greed. Do not roundtrip Back in 2022 most where celebrating there unrealized gains, and got liquidated when the market corrected. Every asset in the world follows one simple rule, nothing goes up forever. The is no more liquidity on the up-side, we will go down. Gather liquidity for the next rally and bounce, just like 2022. Bitcoin will be the most important asset you can have, but it has to follow the basic rules and will not go up forever. by Ccgp-investments1
Bitcoin If you missed the rally do not top blast. Do not fomo. Do not trade with emotions. If you bought the rally, congrats. Pay yourself. Do not get blinded by greed. Do not roundtrip Back in 2022 most where celebrating there unrealized gains, and got liquidated when the market corrected. Every asset in the world follows one simple rule, nothing goes up forever. The is no more liquidity on the up-side, we will go down. Gather liquidity for the next rally and bounce, just like 2022. Bitcoin will be the most important asset you can have, but it has to follow the basic rules and will not go up forever. by Ccgp-investments224
#BTC/USDT Urgent update.#BTC holding steady at support. Will it be a genuine breakout with a retest or just another fake move? Patience is key, we're waiting for the next few candle closes to confirm the trend. With no significant resistance here, the market's at a critical point if you zoom out to the HTF. Stay sharp. I'm holding onto my altcoin positions for now. IMHO, There's still a high possibility fir BTC to hit $114k. Invalidation will be a close below $90.2k DYOR, NFA #PEACE Longby Cryptorphic3315
Bitcoin LongNice retest of the broken trendline . Target 115k. I think btc will hit 115k this week. long position looks very favourable from here.Longby CrocoCrypto337
BTC daily looking interesting...So there is still a couple hours but anyone LOVE this candle? Also, did Trump say congrats to Bitcoin? Watching the close...closely Hmm Longby CryptoPsych0070
BTC Support TestBTC has broken back below $100k after a brief move above. It flushed pretty quickly after breaking below its rectangle of consolidation. Now is the spot to long for those who thought they missed the move. Anywhere in this $100k - FWB:98K area should be good as long as it remains above. We have a previous ATH in this area along with some other resistance levels and the key psychological $100k level that may flip to support. Could end up with more downside and fast if it gets moving below today's low, but that's fairly tight risk.Longby AdvancedPlays2
BTC/USD 4hr Awaiting ConfirmationQuick Take! BTC/USD 4hr The sentiment still appears to be bullish and uptrend still holding so if the current and next candle close green, there's a strong probability to the upside but as price is still testing support I would still like to see more optimal RSI conditions before making the long call. If the next candle closes bearish, looking to short at levels as per the chart. As always, looking for minimum 3:1, trail, and keep stops tight!📈📉 #Bitcoin #bitcoin100k #XRP #BTC #Rippleby obscuredandrelative0
Finally the end of the bear, start of the bull?Hello hodlers, hello traders, i used the same title back in 2020: And " searching the bottom " is finally over. My last update was like: " Third time this year, we try to get above 30k. Until proven otherwise, we are in a bear... " Dont get me wrong! It is possible & will be in the future... Even if we are in the bull now, we could see big retracements! I show in this chart a potential time and price for our next sell zone. Last time after the breakout it took 44 weeks. This is where the red box is starting. Last time we hit the FIB 2.618 level and more. But we now, every time it will be less explosive. I slowly will start at FIB 1.618 with my sells. How you already filled your bags, but if not. Dont buy now, after several green weeks in a row. Wait for the next 20-40% correction. Good luck everybody!Longby Crypto-Coin-TraderUpdated 11
Bitcoin Support TrendlineBitcoin has officially achieved a $100k price point. 6 digits never looked so good. At the time of posting this, it has shot back down below $100k and I'm posting this trendline again to help predict some potential support for Bitcoin in the short term. BTCUSD continues to put in higher lows on the 4H. The last bounce off this trendline pushed us above $100k so lets see if BTCUSD uses it as support again. Longby mascher76753
Bitcoin $100K Warning: BTC/USD Testing Uptrend ResistanceBitcoin has been pressing uptrend resistance into the 61.8% parallel for the past three weeks and we're looking for a reaction here. While the broader outlook remains constructive, the immediate advance may be vulnerable here near-term- Watch the weekly close. Next topside objectives at 107,892 and 121,899-123,754 Initial support rests at the median-line (currently ~ 82,500 ) with broader bullish invalidation steady at the 2021 high / March high-close at 69,000-71,285 . Michael Boutros Sr Technical Strategist with FOREX.comby FOREXcom2212
BITCOIN (BTCUSD) Bullish Trend ContinuesBitcoin has shown a strong bullish pattern on the 7-hour chart, specifically an ascending triangle which indicates bullish accumulation and has broken through its resistance. The current setup includes a trend line and a broken horizontal structure forming a contracting demand zone. It is likely that the bulls will continue to drive prices higher.Longby linofx13
btc long term channel #btc is in a rising channel which is formed many years ago right now its going to the middle of the channel but there is another pattern which is expanding diagonal and the roof of that is also a supply line Longby stratus_co225
BITCOIN TOP !!!Well we saw the 104 area and based on the short term charts we have had a upthrust out of a 4th wave triangle if we break below 94k the I.T.TOP is ended by wavetimer116
Did Bitcoin surprise us?After a week of zigzag movement in Elliott wave 4, which is familiar to us, Bitcoin will reach its wave 5 with the last move in this period and will see the range of 106.0000. Of course, after that it will decide between two moves, either it will continue the level of wave 5 to the range of 112000 or it will enter the correction phase of Elliott wave A and will return to the valley range of wave 4! What do you think?by Chartino110