What do you know about Bitcoin?Dea Gents, Agrresive bearish displacement portraying potential Draw On Liquidity to the breaker block with confluence : 1) BB 2) DOL 3) BISI 4) PD Array Let me know your thoughts, and good day to you all.Longby uptrendltd_official331
Technical Analysis of Bitcoin (BTC/USDT) Potential Upside Levels Overview of the Chart The chart illustrates the 4-hour timeframe of Bitcoin (BTC/USDT) using the Ichimoku Cloud and Alligator Indicator, highlighting key support and resistance levels. Key Levels and Observations Support at $98,339: The $98,339 level serves as a strong support zone, coinciding with the lower boundary of the Ichimoku Cloud. This level is crucial for maintaining the bullish momentum. Resistance at $105,374: The $105,374 level is identified as a key resistance zone. A break above this level could lead to a significant continuation of the bullish trend. Ichimoku Cloud: The price is trading above the cloud, confirming a bullish sentiment. The cloud’s upward slope indicates strong support below current price levels. Alligator Indicator: The Alligator lines are aligned in a bullish formation, with the green (lips) leading the blue (jaw). This suggests increasing momentum to the upside. Potential Scenarios Bullish Continuation: If Bitcoin holds above $98,339 and breaks through $105,374, we could see a rally toward higher levels, potentially testing the $107,000-$110,000 range. Bearish Pullback: Failure to hold $98,339 as support could result in a deeper retracement toward the $96,000-$95,000 zone. Summary and Recommendations For Buyers: Consider entering long positions upon a breakout above $105,374, targeting higher levels with a stop-loss below $98,339. For Sellers: Look for shorting opportunities if Bitcoin closes below $98,339, targeting the next support zone. With strong bullish signals present in the indicators, traders should monitor the resistance and support levels closely, as any breakout or breakdown could signal the next major move.Longby arongroups112
3400 points in BTC Sentiment Indicator Rocks finally a breakout and 3400 points. this is the power of sentiment so does the indicator (which is paid by the way). good things shouldn't be free. awesome move and still signal on.Shortby TradeTechanalysis220
Bitcoin Correction: Targeting $98,000After failing twice to break through the upper boundary of its channel, Bitcoin has entered a corrective phase. It broke below the lower boundary of the channel, retested it as resistance, and is now gradually moving downward toward the $98,000 level. This downward move appears to be part of a healthy market cycle, potentially resetting overbought conditions and creating new opportunities for buyers. Traders should watch for potential support zones and remain cautious of further volatility.by Dmitriy_Trade222
A strategy to Trading BitCoin in price discovery areasTrading any asset while its in a price area it has never reached before can be a difficult task. In this video im going to show you how to trade bitcoin while its in its all time high zones and just like any asset, this method will work as well.16:39by CoffeeshopCrypto666
BTC a comprehensive analysishello guys... let's investigate about BTC through Elliot! Wave 1 to Wave 4: Wave 1 initiates the bullish trend. Wave 2 consolidates into a flat or corrective pattern. Wave 3 is extended, showing a strong upward trend (impulse). Wave 4 forms a triangle or corrective structure, preparing for Wave 5. as you know there are 3 common alternative waves 5 right now! the first scenario is wave 5 be the %61 of wave 3! It means the current situation! Conservative Target (96,598.96 - 0.618 Fibonacci Extension): Analysis: Wave 5 terminates slightly above the end of Wave 3. This scenario suggests that Wave 5 could face resistance near the 0.618 Fibonacci extension and align with market exhaustion after an extended rally. Outcome: A shorter rally indicates that market momentum may slow down significantly. Likelihood: Low to Moderate Why? Wave 3 extension is significant in your chart, often a sign of a strong uptrend. Wave 5 typically equals or exceeds Wave 3, so a short Wave 5 is less common unless momentum is weak. When is it likely? If resistance is around $96,600, it is due to overbought conditions or lack of demand. If Wave 5 follows a truncated structure (which happens in rare cases). The second scenario is that wave 5 be as high as wave 3 Moderate Target (146,754.93 - Fibonacci 1.0 Extension): Analysis: This scenario assumes Wave 5 reaches parity with Wave 1 and Wave 3 in terms of magnitude. It aligns with the 1.0 Fibonacci extension, a key projection level in Elliott Wave analysis. Outcome: Suggests sustained bullish momentum, supported by volume and macroeconomic conditions. Likelihood: High Why? Wave 5 extension parity with Wave 1 or Wave 3 is typical in Elliott Wave theory. A target at the 1.0 Fibonacci level reflects a balance between bullish momentum and market saturation. Cryptocurrency markets often respect Fibonacci levels, especially during trends. External factors like increasing institutional adoption (e.g., Bitcoin ETFs) and positive sentiment around Bitcoin could support this scenario. When is it likely? If the broader macro trend supports continued momentum (e.g., dollar weakness, institutional inflows). If the market exhibits sustained volume without becoming overheated. and the final scenario Aggressive Target (288,680.96 - 1.618 Fibonacci Extension): Analysis: Wave 5 enters a parabolic phase, often seen in cryptocurrency markets during speculative mania. The target aligns with the 1.618 Fibonacci extension, indicating a highly extended rally fueled by exponential growth or hype. Outcome: This could lead to market overvaluation, followed by a sharp corrective phase. Likelihood: Moderate Why? While Bitcoin is known for its parabolic rallies, such an aggressive extension would require exceptional circumstances. Potential drivers could include: Rapid institutional adoption. Major geopolitical instability driving demand for hard assets. Speculative mania (e.g., retail FOMO, media hype). However, achieving this target would likely trigger a significant correction afterward. When is it likely? If Bitcoin enters a speculative "blow-off top" phase like in late 2017 or 2021. If external catalysts (e.g., Bitcoin halving effects, spot ETF approvals, mass adoption) align simultaneously. Prepare for the moderate scenario ($146,754) but remain flexible. If the market displays speculative characteristics, the aggressive scenario ($288,680) becomes more probable. Conversely, signs of exhaustion at lower levels could limit the rally to $96,600.Longby melikatrader94Updated 121251
BTC BriefingHi Traders, Look at 1H Possible area to mitigate the residue orders as indicated. Also, it shows 0.618 retracement at the same time. Order block area indicated was resistance break out zone. It shows many beneficial matters for placing an position later. Waiting is key for long run trader. Good luck. by Eventhorizon4863
BTC Long Setup $100KA 1D candle close through the 1D level = bullish trend continuation guaranteed. But a 1D candle close through the level doesn't mean that price is not 'allowed' to get back and close below this level (only for BTC, altcoins I don't know: Doge would argue otherwise for example). It is allowed to and the reason why this should be kept in mind is because there is a clean level created (blue circle). But the presence of a clean level doesn't necessarily mean that the level will get hit. It will depend on how LTF PA develops at the high which we will get into below. ------------------------------------------------------------------------------------ If price hits the current highest high, making a new HH, then the LTF lowest low which created this new HH will be the new HL and if price gets below this HL then there's a chance price will hit the clean level. If price doesn't hit the current highest high but goes down instead, then the clean level likely won't be hit. ------------------------------------------------------------------------------------ But... we want the trade, what will be the trade? I'm hesistant of the right SL: what's that consolidation inbetween before pump all about? Could price get below this or not? If not, then the right SL is the low of this consolidation. If price doesn't make a new HH I think price shouldn't get below this consolidation because there's inefficiency above it (which is strong and will likely hold when price comes down to it without SFP/MSB at highs). So the SL is the low of this consolidation. And the entry will be the downcandle after inefficiency. ------------------------------------------------------------------------------------ If price doesn't go down further and makes a HH instead I don't really know what to do. I then have to see how price develops again. Longby EyyJasperUpdated 2
BTC/USD AN ALL TIME NEW HIGHThe price made a new high and break of 100k!! overall is in total buy trend but...is this going to be a small fakeout and return of the price to 95k? or more? or maybe just a 50% retrace and a cointinuation? we'll see!by EliteFxAcademy_CRYPTO4
SPOT BTC LONG 5.12.2024🎯Purpose: 123990 ‼️We enter at 0.5% of the allocated money for spot trading. There is more information in my channel.Longby Trades_for_Traders1
if we dont sucessfully climb up above 104000 areawe may see 5th wave failure and it maybe goes down rapidly.. so please watch market closely. because if we fail to defend 100k then we will be broken psycological level.Shortby Bincoti_trade221
Where is my bitcoin shorters at? Haha , best TA back at youLet me explain, do you want to make money? do you want to become rich? think like the rich and act like the rich. patience is the key to success all the people who get sad and mad and liquidated because they want easy fast wealth. for u shorters out there keep shorting bcs we need u all in order to moon harder. microstrategy , blackrock is buying and you think 'let me short' some people make me laugh. retail interest is JUST getting started and we are set for a liftoff with both ETHEREUM , followed by mid and small caps. MY PERSONAL OPINION ON THE MARKET : BITCOIN MAY NEVER GO UNDER 100K ANYMORE , this level is a psychological number that will be the strongest support that bitcoin has ever seen. Michael saylor and blackrock and papa Trump and our boy Elon will soon make us lift off the ground even more. EY what do you wait for? give a like and lets make these shorters a bit mad XDLongby BlackSeaFish614
#BTC - Bitcoin to $100K - What's Next? Major milestone for #BTC hitting $100K After a short correction we saw a break to the long awaited $100K Why I believe a sweep below is in the forming for the nex 5-10 days: The highest liquidity was above 100K, it got swept Price retraced to 60%, then extended to the current zone with forming a HTF FVG Given the liquidity now is way low, it needs to extend a bit more to the 1.382 - 1.618, which is a deviation, form some liquidity then trick everyone that we'll continue to 110-115k Plenty of retail will now go long on it given it passed the psychological barrier - will attract even more late longs the #TOTAL market cap is already extended and the funding rates are heating up quite fast Be on the lookout, take some profits if possible and prepare for the next leg up in around a week!by tamastery331
IT'S A TRAP - BTC Short to 73 KDon't believe in some crazy bullish scenarios. The Btc will crash to 73 K area, although the continuation to 110 -115 k as a fake out remains possible. We're very close to the Top. 1. Entry 103 000 $ open short In case of bullish trend 2. Entry 115 000 $ Trade on your own risk. Shortby VIPCRYPTOTRADING111
BTC | BITCOIN ATH | ALTSEASON A comprehensive analysis today on my take regarding Bitcoin , BTC All time High, and for how long we can still expect to see altseason. When I say altseason, what I am referring to is hard pumps and large increases, scattered across the altcoin market. In the previous BTC update, I considered an ATH between 99k and 105k. More on that here : Today's main "concern" is really whether or not the alt-rallies are finished - and I say, not yet . ___________________ BINANCE:BTCUSD CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D Long03:54by CryptoCheck-16
BTC broke $100,000!!!!Hello everyone, I invite you to review the current situation of BTC in pair to USDT on a 4-hour interval. As we can see, the price with a strong upward movement left the triangle in which we were moving. The upward exit from the triangle provided the energy to break through $100,000 and currently we are approaching the resistance at $106,257, only when the price goes further will we be able to see a move towards $114,000. However, if the current upward movement reverses, the support zone from $101,000 to $98,700 should be observed. However, when the support zone is broken, we can see the price quickly return to the level of $95,400 and then drop to around $90,000.by cryptodailyuk1
Where Can Bitcoin Go? Part 5 (+Fundamentals 201)BTC Shatters $100K - The Rise of Digital Gold In a historic moment for cryptocurrency, Bitcoin has surged past $100,000, marking a pivotal shift in the global financial landscape. This breakthrough comes amid a complex interplay of institutional forces, political developments, and technical market dynamics. The Orchestrated Dance The ascent to $100K wasn't merely organic market movement. A sophisticated interplay between major institutional players has reshaped Bitcoin's trajectory. BlackRock's ETF entry, coupled with Jerome Powell's recent "Bitcoin is gold" statement, signals a coordinated shift in institutional perspective. The Federal Reserve's acknowledgment of Bitcoin's gold-like properties marks a dramatic evolution from previous regulatory stances. Trump's electoral victory adds another layer to this institutional chess game. With promises of Bitcoin-friendly policies and potential regulatory reforms, the political landscape appears primed for cryptocurrency's mainstream integration. The anticipated replacement of Gary Gensler at the SEC suggests a strategic realignment of regulatory oversight. Technical Confluence The market structure reveals a fascinating deviation from historical patterns. Currently facing crucial resistance at $108,000, Bitcoin's price action mirrors previous significant breakouts at $64,000 and $79,000. The "power of three" principle suggests heightened probability for a successful breakthrough on this third attempt. Most notably, this cycle breaks traditional timeframes. Unlike previous cycles' 550-560 day post-halving peaks, we're witnessing pre-halving price discovery. This early breakout suggests institutional positioning ahead of April 2024's halving event, with smart money potentially front-running expected supply constraints. Strategic Implications The $108,000 resistance level serves as a critical inflection point. A successful breach could trigger momentum toward $192,000, while rejection might initiate a period of consolidation. The market's reaction here will likely define Bitcoin's trajectory through the upcoming halving. More fundamentally, we're observing the early stages of asset decorrelation. Over the next 1-3 years, Bitcoin's correlation with altcoins may significantly diminish as it cements its position as digital gold. Meanwhile, Ethereum appears positioned to emerge as a "digital NASDAQ," reflecting a broader market maturation. Looking Ahead As we enter Fundamentals 201 territory, the game continues evolving. Central banks' dwindling gold reserves and geopolitical tensions create an environment ripe for Bitcoin's emergence as a global reserve asset. The coordinated moves by institutional players suggest preparation for this potential reality. The market stands at a crossroads. Whether orchestrated or organic, Bitcoin's breach of $100,000 represents more than a price milestone—it signals the asset's evolution into a mainstream financial instrument. As the institutional game unfolds, maintaining awareness of these complex dynamics becomes crucial for understanding Bitcoin's next moves. One Love, The FXPROFESSOR 💙 Previous posts: Part 1 Part 2 Part 3 Part 4 The power of 3rd (or 6th) attempts Power of 3 (+Inflation) Pump the Trump: Fundamentals 101: Fundamentals 102: Jerome and Garry buying their own dips: Satoshi mastermind: Longby FX_Professor228
BTCUSDT Eyes $106,331 – Bullish Momentum Strong!### **Title:** "BTCUSDT Targets Next Resistance at $106,331 – Bullish Momentum Builds!" ### **Description:** Bitcoin is showing strong bullish momentum as it moves toward the next resistance level. After breaking above critical levels, the price is consolidating above support, indicating potential continuation. 🔑 **Key Highlights:** - Strong breakout above previous resistance. - Consolidation near current levels supports further upside potential. - Next target is in focus, with support holding steady below. Keep an eye on volume and momentum for confirmation of the next move! 🚀📈 Longby Xeeshan790
BTC Shatters $100K - The Rise of Digital Gold ?BTC Shatters $100K - The Rise of Digital Gold History in the making! Bitcoin has finally conquered the mythical $100K level, breaking through like it was mere psychological resistance. Trading at $103K, this moment calls for a deep dive into where we're headed next. Technical Setup Critical resistance ahead at $108K Similar to previous rejections at $79K Third attempt principle in play (historically high success rate) Next major target post-breakout: $192K Why This Time Is Different Pre-halving breakout vs. traditional post-halving peaks Fed Chairman Powell's "Bitcoin is Gold" statement BlackRock ETF's market impact Fundamentals 201 phase activated Important Cycle Changes Previous cycles: 550-560 days between halving and ATH Current cycle: Breaking ATH pre-halving Early cycle characteristics suggest different price dynamics ahead Key Observations ETF influence reshaping market structure Potential altcoin correlation changes in 1-3 years ETH emerging as "digital NASDAQ" Institutional players actively participating What to Watch $108K resistance reaction Post-Trump election market dynamics ETF flow impacts Pre-halving price action Strategy Notes Watch for third attempt breakout confirmation Monitor volume at resistance levels Keep eye on institutional flow metrics Prepare for potential "sell the news" on key events Remember: Charts never lie, but market cycles evolve. We'll follow up with detailed scenarios once we see the $108K level reaction. #Bitcoin #BTC #TechnicalAnalysis #Crypto One Love, The FXPROFESSOR 💙 Previous posts: Part 1 Part 2 Part 3 Part 4 The power of 3rd (or 6th) attempts Power of 3 (+Inflation) Pump the Trump: Fundamentals 101: Fundamentals 102: Jerome and Garry buying their own dips: Satoshi mastermind: 10:38by FX_Professor7
BTC/USDTI’ll be confident in the continuation of the uptrend if the daily candle closes above the newly established support level, which was previously the resistance of the rising wedge pattern for Bitcoin.by BandForBands0
Get ReadyA bull pennant is forming after the 74% rip in November. A breakout above $97,000 will trigger the measured move to 3.618 fib $138,000. Longby jdgpro64Updated 112
Bitcoin can enter to seller zone and then start to fallHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a few moments ago entered a wedge, where it at once rebounded from the support line and started to grow. In a short time, the price grew to the 91500 support level and even a little higher, reached the resistance line of the wedge, and then made the correction, after which some time traded inside the buyer zone. Later BTC broke the 91500 level one more time and rose until to the 98000 level, which coincided with the seller zone and even entered to this area, after which it turned around and started to decline. Price exited from wedge and started to trades inside range. In range, the price declined below the 98000 resistance level, to the support level, after which BTC turned around and quickly rose back. Price some time traded near the resistance level and recently it little declined, but then started to grow. So, in my mind, BTC can enter to seller zone and then start to fall to the support level. For this case, I set my TP at the 91500 support level. Please share this idea with your friends and click Boost 🚀Shortby LegionQ8Updated 8836