Get started
BTCUSD Perpetual ContractBTCUSD Perpetual ContractBTCUSD Perpetual Contract

BTCUSD Perpetual Contract

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

BTCUSD.P trade ideas

30minutes | Bitcoin | Analysis | 24/12/2024Asalam.o.alaikum (Hi) Community, Hope you are fine and doing all of your great, so yesterday i published 2 analysis and we noticed market behavior exactly on the key levels as i pointed out. So, for today the market key levels are as following: Bullish We have 2 character & required IF candles too break market further bullish. Bearish We have characters at the bottom too, if those break we can see market going further down. For Now we have these key levels. Cheers, Thanks! Intikhab Gillani MOCHH Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan) 23/12/2024
COINBASE:BTCUSD
by IntikhabGillaniACCA
Daily Analysis of Bitcoin– Issue 236The 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.
BINANCE:BTCUSDShort
by MoonriseTA
Bitcoin in 2024: Key Trends, Recent Developments, and Future OutBitcoin in 2024: Key Trends, Recent Developments, and Future Outlook H ello, Bitcoin, the world’s first and most prominent cryptocurrency, continues to dominate the digital asset landscape in 2024. Amid a rapidly changing environment shaped by regulatory updates, technological advancements, and shifting market dynamics, Bitcoin remains at the forefront for investors, institutions, and blockchain enthusiasts. Here, we explore the key trends, recent developments, and risks influencing Bitcoin’s journey. Market Trends and Sentiment Bitcoin’s performance in 2024 has been marked by volatility and resilience. Following a period of price consolidation in 2023, renewed interest in Bitcoin has surged this year, fueled by macroeconomic factors like inflation concerns, geopolitical tensions, and increasing institutional adoption. This renewed focus propelled Bitcoin to a new all-time high of over $103,000 in December 2024, reflecting both strong demand and fluctuating investor sentiment. The bullish outlook is largely driven by institutional adoption. Major financial institutions have expanded their Bitcoin offerings, including exchange-traded funds (ETFs), custody solutions, and Bitcoin-backed loans. The U.S. Securities and Exchange Commission (SEC)’s approval of several spot Bitcoin ETFs earlier this month has been a game-changer, attracting traditional investors and enhancing Bitcoin’s accessibility. Conversely, bearish sentiment arises from persistent regulatory uncertainties, particularly in the United States, where stricter scrutiny of exchanges continues to cast a shadow over the market. Regulatory Landscape Regulation remains a pivotal yet contentious aspect of Bitcoin's growth. In 2024, several countries introduced comprehensive cryptocurrency frameworks, offering much-needed clarity for the industry. For instance, the European Union’s implementation of the Markets in Crypto-Assets (MiCA) regulation has set a benchmark for crypto governance within the bloc, increasing investor confidence. Meanwhile, emerging markets such as India and Brazil have embraced Bitcoin as a tool for financial inclusion, fostering widespread adoption. However, not all regulatory developments have been favorable. The U.S. SEC’s cautious approach has delayed approvals for certain cryptocurrency innovations while increasing oversight on exchanges. This dichotomy between proactive and restrictive regulatory environments will continue to shape Bitcoin’s adoption and growth. Technological Advancements Bitcoin's technological foundations have seen notable progress in 2024, reinforcing its utility and appeal. The Lightning Network, a second-layer solution designed to enable faster and cheaper transactions, has gained significant traction. This technology enhances Bitcoin’s potential to function not only as a store of value but also as an efficient medium of exchange. Sustainability has also become a focal point in Bitcoin mining. Renewable energy now powers a significant portion of mining operations, addressing previous criticisms about Bitcoin’s environmental impact. These advancements reflect a broader industry shift toward greener practices, appealing to environmentally conscious investors. Adoption Trends Bitcoin’s integration into both institutional and retail financial systems continues to deepen. Institutional adoption has reached unprecedented levels, with leading asset managers incorporating Bitcoin into their portfolios and major banks offering Bitcoin-related services. Retail adoption has also grown, with more merchants and platforms accepting Bitcoin as a payment method. The rise of Bitcoin-backed financial products, including derivatives and tokenized assets, highlights its maturation as a financial instrument. Bitcoin’s increasing prominence in traditional finance signals its evolution from a niche digital asset to a key player in the global economy. Recent Developments Influencing Bitcoin’s Price Spot Bitcoin ETFs: U.S. approval of spot Bitcoin ETFs in December 2024 was a watershed moment, enabling easier access for traditional investors and driving Bitcoin’s price to new highs. Regulatory Clarity in Europe: The EU’s MiCA regulations have bolstered confidence among European investors and institutions, fostering a secure environment for Bitcoin operations. Emerging Market Adoption: Nations like Brazil and India have integrated Bitcoin into their financial systems, viewing it as a means of promoting financial inclusion. Geopolitical Instability: Tensions in global markets have reinforced Bitcoin’s role as “digital gold,” attracting investors during times of uncertainty. Sustainability Efforts: Renewable energy adoption in mining has improved Bitcoin’s environmental profile, drawing in environmentally conscious stakeholders. Risks and Challenges Despite its progress, Bitcoin faces significant challenges. Regulatory uncertainty in jurisdictions with restrictive policies remains a key risk. The SEC’s ongoing scrutiny in the U.S. underscores the hurdles Bitcoin must overcome in certain markets. Market volatility continues to deter risk-averse investors, while competition from other cryptocurrencies and blockchain platforms could dilute Bitcoin’s dominance. Security remains another area of concern. While Bitcoin’s blockchain itself is highly secure, vulnerabilities in exchanges and wallets expose users to hacks and fraud. Education on best practices and enhanced security measures will be critical to maintaining trust within the ecosystem. Looking Ahead The future of Bitcoin in 2024 and beyond will depend on its ability to address these challenges while capitalizing on its opportunities. Key developments to watch include further regulatory evolution, ongoing advances in scalability and energy efficiency, and the continued integration of Bitcoin into traditional finance. Bitcoin’s journey from a niche digital asset to a globally recognized financial instrument underscores its resilience and adaptability. As decentralized finance and digital currencies continue to evolve, Bitcoin remains at the forefront, shaping the future of the cryptocurrency landscape. Regards, Ely
BITSTAMP:BTCUSD
by Elysian_Mind
Wrong Cup & HandleCRYPTOCAP:BTC Now everyone is drawing a cup and handle and saying that ATH is coming soon, why is it not quite so? 📝Let's talk about the pattern first, the cup handle pattern when the asset has a deep drop, after which it recovers and tries to break past highs. Of course, when the price consolidates near resistance and forms a so-called handle, this is a positive signal. After all, the longer the consolidation in front of the resistance zone, the more likely this resistance will not hold. 💡Most take the depth of the cup and say that this will be the growth (300k+), which is not right at all. Here, in the case of #bitcoin, you need to remember that the figures of the technical analysis do not matter much and you need to look at the fundamental analysis and also take into account seasonality. I expect a break through the resistance not now, but in the coming weeks and definitely a break above 80k in October↗️
CRYPTO:BTCUSD
by FeelsStrategy
4
Bitcoin Alpha ReportMonday Alpha Report 2024 12 23 Bitcoin Following a heart-gripping correction to ~$92,000 Bitcoin rallied slightly to re-test our ascending level of support, taking several forms from the diagonal trendline on the Daily Timeframe, to the 200 SMA on the 4H Timeframe. Bitcoin now finds itself back at ~$93,000 after failing to sustain above $95,000 - a level I have continually highlighted as critical to maintaining this currently rally. The longer Bitcoin sustains underneath $95,000 - more downside risk emerges. My current worst-case scenario is a retracement to $75,000 - $80,000. However, currently there are no fundamentals that fully support this. This worst-case target is based on the prevailing CME Futures Gap, the previous consolidation level sustained throughout the ‘Summer Doldrums’, and the projected vicinity of the Daily 200 SMA. Keep in mind, that Bitcoin often performs very strongly into Christmas, so it is still possible we get our ‘Santa Rally’. If that occurs, the critical level to watch will be $100,000 - $104,000. That would be the projected ‘Lower High’ target if Bitcoin is to rally into the end of the year yet still maintain it’s trajectory for a longer-term correction. I remain optimistic that we can still reach the price target of $120,000 by Trump’s inauguration - however there is a time to be bold and a time to prepare and manage downside risk - unfortunately this is the later. In addition, Michael Saylor’s comments have failed to bring enthusiasm to the markets this morning. Recent reports suggest that MSTR plans to pause Bitcoin purchases in January due to a ‘self-imposed blackout period’. This pause is expected to last through January, resuming after the company’s earnings call in early February 2025. Therefore, applying a timeline to our scenarios, if Bitcoin fails to rally into Trump’s inauguration, and we did indeed just experience a local top, I expect sluggish if not downward price action through the beginning of the year with the rally to resume in February-March. That will give time for two critical catalysts to occur: MSTR’s renewed buying, and a chance for the Fed to pivot to a more dovish tone and ramp up or provide more clarity on rate cuts - the catalyst which I believe is primarily responsible for Bitcoin’s current rally. In summary, traders should be prepared to act tactically upon trading signals, with optimism, however be prepared for a several month slump. This last part should be viewed with great optimism however, because a correction now for several months almost guarantees a right-handed cycle that will extend deep into 2025 for cryptocurrency. In short: we might be experiencing a local top, but we are most certainly not experiencing a cycle top. Trends: 5M: Bearish 30M: Bearish 1H: Bearish 4H: Bearish Key Levels: Point of Control: $95,373 VWAP: $94,568 Value Area Low: $92,143 - $93,798 Value Area High: $95,804 - $96,991 Resistance: $99,500 Support: $86,900 Strategy: Price is currently trading in the Value Area Low for the day, after experiencing a sell-off and a rejection from $94,000. Traders can position for a potential double-bottom, and target today’s Value Area High in the short-term and optimistically a Christmas rally into $100,000 - $104,000. Focus on managing down-side risk however, as prices below $92,000 will likely trigger another wave of sell-offs as liquidations are forced and fear is in the air.
BYBIT:BTCUSD.P
by CrackingCryptocurrency
$BTC if we can't hold it hereIf MARKETSCOM:BITCOIN cannot maintain its demand zone, I am afraid that we will honestly take a nosedive towards correction, see drawing If we manage to maintain the demand zone, we can make another attempt. Unfortunately, while I was still quite positive this morning, it doesn't feel quite right that we can go back down so easily. As I write this I see that Bitcoin is trying hard to break out of the demand zone. Let's hope we can keep this for a while. Be kind to the world and each other!
BINANCE:BTCUSDShort
by RidgerR
BTC 11Y RSI trend line. Next Bull Top and Bear bottom.There is a trend line that nobody is talking about. 11 Year RSI trend line. Current bull-market was similar to 2013. If it topped at 108k or will top at 120k. Does not really matter at this point. All eyes on alts right now. BTC peaked the same way as in 2012-13. After RSI touched this yellow trend line next touch comes only after 1100-1700 days. If you extend same amount of days into the future, the next Bitcoin TOP will be around Q1-Q2 2028. After RSI touched yellow trend line the next bear market low usually happens in 400-700 days. If predict the next bear market bottom i would say it will be around first half of 2026.
BITSTAMP:BTCUSD
by fugasok
Bitcoin's Struggles Persist as Market Faces Continued Downturn.Bitcoin’s struggles continue as the asset fails to initiate a notable recovery, with its price hovering around $96,000. The cryptocurrency market, known for its volatility, has seen significant fluctuations over the past week, impacting both Bitcoin and altcoins. Bitcoin's Recent Performance Last Monday and Tuesday, Bitcoin posted fresh gains, surging above $108,000 to mark its latest all-time high. However, the landscape shifted dramatically following the latest Federal Open Market Committee (FOMC) meeting on Wednesday evening. Bitcoin reacted with an immediate price drop to under $100,000, signalling the start of a downward trend. The sell-off intensified over the subsequent days, culminating in a sharp decline to $92,000 by Friday. Although Bitcoin managed to halt its freefall and briefly recovered to over $99,000 on Saturday morning, the relief was short-lived. By Sunday, Bitcoin's price had fallen back to $96,000, where it remains currently. Market Dynamics and Influencing Factors Several factors could influence Bitcoin's price in the coming week: Regulatory Developments: Any new regulations or policy changes affecting cryptocurrencies could impact market sentiment. Macroeconomic Indicators: Data on inflation, interest rates, and economic growth can influence investor behaviour in the crypto market. Market Sentiment: The overall sentiment among retail and institutional investors plays a crucial role in price movements. For now, Bitcoin’s market cap stands at $1.9 trillion, with its dominance over altcoins just shy of 55%. Altcoins in Similar State Altcoins have mirrored Bitcoin's struggles, experiencing similar or even more severe declines in recent days. Major altcoins like XRP, ADA, AVAX, SHIB, DOGE, and ETH have all remained in the red. Over the past day, DOT, XLM, SUI, and APT have also registered further declines. One notable exception among the larger-cap altcoins is AAVE, which has bucked the trend with a significant price surge. The asset has gained roughly 10%, now sitting at $340 amid the broader market correction. Market Overview The cumulative market capitalization of all crypto assets has dropped to $3.460 trillion, reflecting the broader market downturn. Despite the current challenges, the resilience of the cryptocurrency market suggests that recovery could be on the horizon once the influencing factors stabilize. As we move into the new trading week, traders and investors should remain vigilant, keeping an eye on key economic indicators and market sentiment. The coming days will be critical in determining whether Bitcoin and the broader crypto market can regain their footing and initiate a recovery.
FX:BTCUSD
by OakleyJM
$BITCOIN with substantiation and drawingMaybe it's a bit of a busy drawing. But I wanted to show why I think we may be correcting and why this is very healthy for the bull market. It seems that after the larger correction we have now completed 5 waves and we also have to correct this wave. That is the phase we seem to be in now. Now I have 2 expected positions where the correction can go. I think that we will not correct very deeply and will therefore not reach 50%, but that we will correct up to fib 618. So possibly just under 90k. Unfortunately, no Christmas run is expected. But just a super healthy correction that we don't have to worry too much about. The altcoins also seem to be less willing to participate and we seem to be settling in for the bull run. Be kind to the world and each other!
BINANCE:BTCUSDShort
by RidgerR
bitcoin multiple 1-2 in last 5th wave in textbook impulse ideaafter that abc flat to troll so much people people into thinking 200k. this scenario is for me only realistic with the timing and probabilites in EW. A wave woud be impulse to flash all the retail, b flat to exactly 4year cycle TOP in october, and c some sell the news event with reccesion or war which would be bear market for 365 days 85,842 entry + adding to position at 80k which is supported by lot of npocs invalidation .618 log where i would sell 60% and sold 30% after bounce from 618 and ATH first TP - w5 targets area(from 108k to the low created) second TP - 128k (common this cycle w5 target) third TP - these boxes 142-159k from comparing previous cycle post halving gains the number was only decreasing from 30 to 24 which would lead this cycle around 20, of course its only speculation. After 160k would be this data invalidated. 140-152k strong fibonacci confluence
COINBASE:BTCUSDLong
by luskmelongg
Bitcoin - Bitcoin went below $100,000!Bitcoin is below the EMA50 and EMA200 in the four-hour time frame and is trading in its ascending channel. Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way for Bitcoin to decline. Bitcoin sell positions can be looked for in supply zones. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. Following hawkish remarks from Federal Reserve Chair Jerome Powell, Bitcoin (BTC) plummeted from its peak of $108,135 on December 17 to below $95,000. Powell’s comments, which signaled the Fed’s ongoing battle against inflation, triggered a sharp selloff in the cryptocurrency market. He indicated that only two interest rate cuts might occur in 2025, as opposed to the four cuts previously anticipated. Additionally, the Federal Reserve revised its 2025 inflation forecast from 2.1% to 2.5%. Even the 2026 forecast stands at 2.1%, exceeding the central bank’s 2% target. This suggests that inflation could persist for another two years, compelling the Fed to keep interest rates elevated for longer than initially projected. Bitcoin ETFs, after experiencing 15 consecutive days of capital inflows, saw an unprecedented $680 million outflow on Thursday. This trend continued into Friday, with an additional $270 million withdrawn. Cryptocurrency investors, reacting to the Fed’s decision to slow monetary easing next year, moved substantial capital out of the market. In the United States, Bitcoin ETFs have surpassed gold ETFs in assets under management (AUM). Despite gold ETFs’ 20-year history, Bitcoin ETFs now manage $129.3 billion, compared to $128.9 billion for gold ETFs. MicroStrategy, a company renowned for its massive Bitcoin holdings, successfully entered the Nasdaq index. With 439,000 Bitcoins valued at $42.64 billion, the company controls approximately 2% of the total Bitcoin supply. This milestone highlights MicroStrategy’s strong position in the Bitcoin market and has boosted its stock price (MSTR) to $364.20. The company’s innovative strategy of leveraging Bitcoin as a growth asset showcases a unique approach in the financial world. Bitcoin’s volatility has steadily decreased in recent years. By October 2024, its monthly volatility had dropped to 11%, lower than that of high-profile tech stocks like Tesla (24%), AMD (16%), and Nvidia (12%). Arthur Hayes, the former CEO of BitMEX, recently shared his outlook on the cryptocurrency market. He predicted a “horrific collapse” around the inauguration of U.S. President-elect Donald Trump on January 20, 2025. Hayes wrote, “The market believes Trump and his team can deliver immediate economic and political miracles,” but pointed to a gap between investor expectations and the “absence of quick, viable policy solutions.” Hayes forecasted that implementing changes to cryptocurrency policies would likely take far longer than the market anticipates. He added, “The market will soon realize that Trump, at best, has only a year to execute any policy changes in or around January 20. This realization will trigger a massive selloff in cryptocurrencies and other Trump-related trades.” He also predicted that a “steep decline” would occur around Trump’s inauguration day, followed by a “crack-up boom phase” in late 2025. This phase, typically seen after financial crises, is characterized by rapid price increases, high inflation, and financial instability.
COINBASE:BTCUSDShort
by Ali_PSND