Is BTC Preparing for a Bearish Move?Look at the 1H chart and i see bearish flag and pole pattern... what you think?
Btcusdanalysis
ADA/USD on high timeframe
"Regarding ADA, as anticipated in the previous analysis, the price broke through the $0.75 zone and experienced a sharp rejection. I foresee the price reaching a new higher high at $1.50. However, if the price closes below $0.70 on the high timeframe, this analysis may prove to be incorrect.
BTC: Following the track.BTC Update:
BTC has been on track, as expected. The price reached $108,341 and was rejected at $92,280. According to the chart, it will likely experience another rejection around FWB:73K , followed by a strong rebound.
If BTC follows this analysis, it could be considered a healthy correction and an opportunity to buy back. For BTC to turn bullish, it must break above the resistance trendline or surpass the all-time high level.
I hope this update is helpful. Trade safely!
Trading plan for Bitcoin price for Christmas & New Year holidays🎄 Christmas and New Year's holidays are coming up, and we congratulate you on that!)
We survived, even earned a little, so thank you for that)
Currently, the CRYPTOCAP:BTC price has been stopped on "the verge of a foul", but the holidays will lead to a decrease in business activity and an increase in “manipulative volatility.”
So, to follow the behavior of the OKX:BTCUSDT price, subscribe to this idea!
A big temptation is to “break the stops” of #Bitcoin, which are hiding below $85k, and an even bigger temptation is to close the GAP on the CME BTC chart in the range of $77-78k.
And there are several other options for the development of events by combining the BTC.D and USDT.D indices, but I'm too lazy to write about it yet)
⁉️ But if you are interested in us writing “voluminous reflections”, like at the end of 2022 before the start of super growth with plans for 2023-25, which are working out very well👇
then we need inspiration from you in the form of reactions and comments here and maybe a miracle will happen, the main thing is to believe in it!)
btcIt appears to be part of a triple bottom pattern, but for me, it's important that the red box breaks first, and then the neckline is reached and broken.
Another correlation in time between Bitcoin and Doge!As you can see if we counts the days from btc bottom cycles to the next Doge tops we might see a similar pattern of about ~800 days to the next top. This time suggests Doge top (target 5 dollars) might be in late March or April 2025. Cheers!
BTCUSD BITCOIN BTC/USD is presenting an ideal opportunity for a sell position if you're targeting a broader downtrend. Alternatively, traders can capitalize on the current market fluctuations with scalping strategies to secure quick, short-term gains. Always prioritize risk management and stay vigilant with your trading plan.
BTC Headed to $90K? Sell NowThis isn’t my full analysis—I'm keeping that to myself for now. But what I can tell you is that Bitcoin is in a downtrend, showing a steep, short-term decline in the already ongoing downtrend. According to many indicators, BTC could drop to at least $90K. I’ve opened a short position and will share further updates about my sell strategy soon.2
Stay tuned, and I’ll catch you in the next one — peace!
Bitcoin Analysis: Key Levels to Watch!The BTC/USDT chart shows an interesting setup heading into the next trading sessions:
Support Zone: Dips into the $93K region are likely to attract strong buying interest, as this area is a critical support highlighted by the red zones ("Bear Day" & "Bear Week"). If the price holds this level, we could see a potential bullish reversal targeting the $100K psychological level, aligning with the "Bullish Swing" and weekly resistance zone.
Upside Potential: A bounce from $93K could send BTC soaring toward $100K, with the next key resistance at $99,500-$100,000, a confluence of major weekly swing levels.
Downside Risk: However, a daily close below $93K would be concerning, as it opens the door to lower levels, with the next target in the $91K- GETTEX:92K region or even deeper. The red zones below $93K highlight areas of increased bearish momentum.
📊 Strategy:
Bullish Case: Long positions around $93K with tight stop-losses below the support zone. Targets: GETTEX:97K , $99K, and $100K.
Bearish Case: Monitor for a confirmed breakdown below $93K for short setups targeting lower levels.
Patience is key! Let the levels dictate your next move. 🚀📉
#BTC/USDT Urgent Update. If you like money, Read This!Welcome to this quick update, everyone!
Bitcoin (BTC) is currently trading at around $98,400 at the time of writing.
BTC is making a **bearish retest of the 21EMA** on the daily chart, which is a crucial indicator for identifying short-term trends. This is particularly significant for traders involved in futures and options within the crypto market.
- Break above the 21EMA is bullish.
- BTC is also retesting the previously broken pennant pattern to the downside.
If you're feeling FOMO (fear of missing out), it's better to wait until BTC reclaims the Blue EMA and trades back inside the channel/pennant.
If these two levels are recovered, we could anticipate a new all-time high (ATH). However, until that happens, exercise caution. Trading volume is exceptionally low across exchanges, and it's worth noting that during holiday seasons, market makers often exploit these conditions to manipulate prices, leaving retail traders at a disadvantage.
While you're free to make your own decisions, my advice is to trade with confirmations. This approach provides an edge and makes holding positions more comfortable while effectively managing risk.
If you found this analysis and chart helpful, please hit the like button to show your support and feel free to share your views in the comments section.
Thank you!
#PEACE
BTC pullback before inauguration?Merryy Christmas guys and upcoming New Year!
Seems like we gonna meet New Year w BTC lower than100k...
Looks a bit scary, but here is in short what we have:
1) Daily MA cross. Which is bearish sign
2) Divergence between raising BTC channel and volumes
3) If the price will follow the red line move, it will form double top pattern 🥲
My expectations: I think we could correct to Fib zone around 0,236 (87k zone) and after we should check. But anyway seems like correction should happen before to continue growing and this we most likely gonna see after inauguration.
What you think guys? Help me dispel this scary picture 😅
BTC wait for pullback , not worth buying above 90k ...1. after previous high of 69000, we seen sharp down side from there btc recovered and formed a pattern
2. cup and handle or rounding bottom, after current breakout i found some interesting key points
after a impulse move the short term target is calculated based on the handle and which was approx 50 % on the other hand the current breakout already has scored 55% from this neck line breakout
3. volume and fair price - if we consider 4nov weekly candle as breakout candle from that low to recent high, i projected the FIXED VOLUME PROFILE and found that 84280 and 82350 and second 79000 and 77350 can be the support zone or fvg or mean reversion zone which is also getting another confirmation with my 50dema
in this scenario going back to basic if we have a sharp up side we cant expect the price to go vertically and market being dynamic 11-15% correction can be healthy pullback and good price to accumulate btc
Bitcoin Faces Key Test: Will It Bounce or Drop to $85K?#Bitcoin is staying above the 0.236 Fibonacci retracement level at $94,300, with the 50-day moving average near $93,000 providing support.
If these levels hold, CRYPTOCAP:BTC could start moving up again toward $108,000. But if it drops below, it might fall to the 0.382 Fibonacci level at $85,600.
Watch these key levels for Bitcoin's next move!
DYOR, NFA
#Crypto
BTC is approaching the 99,000 resistance zone,BITSTAMP:BTCUSD BTC is approaching the 99,000 resistance zone, where selling pressure could emerge. If this level holds, the downside target remains at 86,000, which aligns with a significant support level. Keep an eye on price action and momentum indicators for confirmation before entering a position.
Entry Position:
- **Sell Entry:** Around 98,900–99,100 (to account for potential resistance zone fluctuations).
Stop Loss:
- **Stop Loss:** 99,600 (above the resistance zone to manage risk).
Target:
- **Take Profit:** 86,000 (key support zone).
Risk-Reward Ratio:
- Ensure the risk-to-reward ratio is at least 1:2 to maintain a favorable trading setup. Adjust your position size accordingly.
Keep monitoring for bearish confirmation signals (e.g., rejection wicks, bearish divergence, or a breakdown of intraday support).
BTC TRADE IDEA: LONG (28/12/24)Another drawn up chart. The year is coming to a close, but this one got my interest…
Structure is pointing towards a bullish market - it has been bullish overall anyway.
Trade at your own risk
Back to the Roots: BitcoinAs predicted in the previous analysis, Bitcoin was rejected at **$100k** and is now approaching a cycle low. 📉
📊 Current Analysis:
❌ We’re not at the bottom yet, and it’s not time to buy.
🔵 The 1-day indicator (dark blue line) is currently at **68** and looks poised to reverse to the downside, signaling a potential cycle break.
⏳ Even if this doesn’t happen, the 1-day cycle will need approximately a week to return to the **20 range**, marking Bitcoin’s 60-day cycle low.
📍 The low could form anywhere between **$85k and $91k**.
💡 Remember: **Cycles don’t predict prices; they provide timing bands for tops and bottoms.**
🔮 Next Cycle Outlook:
⚠️ The upcoming 60-day Bitcoin cycle doesn’t look promising:
1️⃣ The **1-week indicator** spent a significant amount of time above **80** and is now trending downward.
2️⃣ This cycle reflects the general trend for the next 1-2 months and currently leans **bearish**.
3️⃣ We may need more time before the market reverses to the upside.
✨ Despite this, there are intriguing opportunities in the market right now. More details are available in the **Premium group**.
✅ Stay safe, trust the cycles, and build your wealth.💪
Let me know if you’d like further tweaks! 🚀
Bitcoin at a Crossroads: Testing Key TrendlinesBitcoin’s current price action places it at a decisive technical level, where historical and recent trendlines converge. This area holds significant implications for the future direction of the market.
🔍 Key Observations from the Chart
The Two Trendlines in Focus
Old Trendline: This line, originating from the previous bull market, acts as a critical long-term support. Its historical significance makes it a widely-watched level for market participants.
Young Trendline: This trendline represents the momentum of the latest bullish recovery. A break here could signal a potential shift in sentiment.
Liquidity Cluster Around $92,500
A clear liquidity zone lies just below the current price. Such zones often attract price action as market makers seek to clear stop-losses or gather liquidity before determining the next move.
Imbalance Zones Below
Imbalances between $85,000 and $70,500 are visible on the chart. These areas represent inefficiencies in price action that could serve as potential targets if support levels fail.
🎯 Levels to Monitor
Support Levels:
Young Trendline (~$93,800): The first line of defense for bulls.
Old Trendline (~$93,800): A breach here would signal a deeper retracement.
Liquidity and Imbalance Targets:
Liquidity Zone: $93,000-$92,000.
Imbalance Zone 1: $85,000–$81,600.
Imbalance Zone 2: $74,400–$70,600.
Resistance Levels:
If BTC bounces, watch for reactions near $98,000 and $100,000 as short-term resistance.
🤔 What Could Happen Next?
Scenario 1: Support Holds
If the trendlines hold, BTC could see a recovery toward $98,000 or higher, maintaining its bullish structure.
Scenario 2: Break Below Support
A loss of the young and old trendlines may lead to a retest of the liquidity zone at $92,500.
If this level fails, the imbalance zones below become the next logical targets.
Volatility Ahead
With price so close to these key levels, whale activity and stop-hunting wicks are likely. Traders should prepare for possible fakeouts before the true direction becomes clear.
⚡ Key Takeaway
Bitcoin’s position near these converging trendlines makes this a crucial moment. Whether the supports hold or price dips to fill lower imbalances, the upcoming moves will provide important clues about market sentiment heading into the new year.
Patience and risk management are essential in this environment. Stay neutral, observe the price reaction to these levels, and let the market reveal its hand.
BtCUSD Outlook I'm expecting the sweep of that Inducement before the Open and close level of the last H4 bearish candle. A short buy from there then I'm anticipating the seell continuation
Bitcoin's anti-gift for the new year!Technically it looks pretty sad and I think the chart will move through the fibonacci levels. I wouldn't expect any gifts before the end of the year, just another spill and discounts. I think you will hear more words at the New Year tables that altcoins is a scam.
The liquidation levels also confirm my theory, the decline is programmed.
Horban Brothers.
BTC on high timeframe , wait for more information about price
"Hello traders, Merry Christmas and Happy New Year! Let's talk about BTC in the high timeframe. As indicated on the chart, the $90k- GETTEX:92K range is a critical zone. To mitigate risk, it's advisable to wait for the price to reach this zone and observe its behavior for further signals. If the price sharply breaches and closes below this range on the high timeframe, the next potential price levels could be $75k-$80k. However, if the price merely dips below GETTEX:92K , forming a candle pattern like FVG on the 1-hour chart, it might present a good opportunity for a long position."
Bitcoin Battles Between Key Support and Resistance – What’s NextBitcoin is currently trading near $94,500, resting on a strong confluence of support. The price is testing the 100 EMA on the 12-hour chart, which aligns with a critical horizontal support zone around $93,000. At the same time, a descending trendline is acting as resistance, keeping the price under pressure.
A breakdown below the marked support zone could trigger a sharp decline toward the next significant level around $88,000. On the other hand, if BTC holds this support and breaks above the descending trendline, it could signal a bullish reversal, pushing the price back toward $98,000 and potentially higher.
Tide Turning For Bitcoin? Reserves And Netflows Show ReversalBitcoin, the world's first and most well-known cryptocurrency, has experienced a rollercoaster ride since its inception. From its meteoric rise to its dramatic crashes, Bitcoin has remained a topic of fascination and debate for investors and financial analysts alike. In recent times, several factors have contributed to a sense of uncertainty surrounding Bitcoin's future, including regulatory scrutiny, market volatility, and concerns about its environmental impact. However, recent developments, such as increasing institutional adoption and positive netflows, suggest that the tide may be turning for Bitcoin.
Bitcoin Institutional Adoption Accelerates as ETFs Show Investor Appetite
One of the most significant indicators of Bitcoin's growing acceptance is the increasing interest from institutional investors. Traditionally, institutional investors have been hesitant to invest in Bitcoin due to its volatile nature and lack of regulatory clarity. However, as the cryptocurrency market matures and regulatory frameworks become clearer, more and more institutions are beginning to see the potential of Bitcoin as an investment asset.
This growing institutional interest is reflected in the recent surge in for Bitcoin exchange-traded funds (ETFs). ETFs are investment funds that track an underlying asset, such as a stock index or a commodity. They offer investors a convenient way to gain exposure to an asset without having to directly own it.
Recent Reserves and Netflows Indicate Market Reversal
In addition to increasing institutional adoption, recent data on Bitcoin reserves and netflows also suggest that the market may be reversing. Bitcoin reserves refer to the amount of Bitcoin held on cryptocurrency exchanges. A decrease in Bitcoin reserves indicates that investors are withdrawing their Bitcoin from exchanges, which is often a sign of accumulation and a bullish signal.
Netflows, on the other hand, refer to the difference between the amount of Bitcoin entering and leaving exchanges. Positive netflows indicate that more Bitcoin is entering exchanges than leaving, which can be a sign of selling pressure and a bearish signal.
Recent data shows that Bitcoin reserves have been declining, while netflows have turned positive. This combination of factors suggests that investors are accumulating Bitcoin and that selling pressure is decreasing. These are both positive signs for the Bitcoin market and could indicate that a reversal is underway.
Bitcoin Price Analysis: Navigating Volatility and Key Levels
Despite these positive developments, Bitcoin's price remains volatile and subject to market fluctuations
It has been noted a potential 'head and shoulders' pattern, a bearish technical indicator, which could lead to a significant price drop. This pattern suggests that Bitcoin's price could fall to as low as $80,000.
However, there maintain a more bullish outlook, emphasizing the importance of the $90,000 level. It is argued that if Bitcoin can maintain this level, it could pave the way for further price appreciation. Conversely, if Bitcoin fails to hold this level, it could trigger a sell-off and push the price down to $80,000.
Conclusion: A Cautious but Optimistic Outlook for Bitcoin
In conclusion, several recent developments suggest that the tide may be turning for Bitcoin. Increasing institutional adoption, as evidenced by the surge in Bitcoin ETF filings, indicates a growing acceptance of Bitcoin as an investment asset. Positive netflows and declining reserves further support this notion, suggesting that investors are accumulating Bitcoin and that selling pressure is decreasing.
However, it is important to remain cautious. Bitcoin's price remains volatile, and various factors could impact its future performance.13 The cryptocurrency market is still relatively young and subject to regulatory changes, technological advancements, and shifts in investor sentiment.
Therefore, while the recent developments are encouraging, it is crucial to approach Bitcoin with a balanced perspective. Investors should conduct thorough research, understand the risks involved, and make informed decisions based on their individual circumstances and risk tolerance.
Overall, the outlook for Bitcoin appears cautiously optimistic. The increasing institutional adoption, positive netflows, and declining reserves suggest that the market may be reversing. However, it is important to remain vigilant and adapt to the ever-changing dynamics of the cryptocurrency market.
Analysis of the BTC Chart (Dec 27, 2024)Key Observations:
Support Holding Firm:
Price bounced off the Bear Day level (~$94,700) with a strong reaction, showing that buyers are defending this zone. This could indicate that the downside momentum is fading.
Resistance Tests:
BTC tested the Bull Day zone (~$96,800) but faced rejection, indicating resistance. However, price is consolidating just below this level, signaling a possible breakout attempt.
Volume and Activity:
The recent consolidation shows reduced volatility, which often precedes a significant breakout. Volume patterns could provide additional confirmation.
Bullish Indications:
The Bullish Week support (~$97,200) remains intact and could act as the next target if BTC breaks through $96,800 convincingly.
Higher lows are forming near $95,600-$96,000, indicating a bullish structure if maintained.
Bearish Risks:
Failure to reclaim and hold above the Bull Day zone ($96,800-$97,200) could result in a retracement to test the Close Week support ($95,200) again.
A loss of this support level would negate the bullish setup and signal more downside.
Is a Large Move to the Upside Likely?
BTC is setting up for a potential upside move, but confirmation is needed:
Bullish confirmation: A breakout above $96,800-$97,200 with strong volume would likely trigger a move towards $98,400 and possibly higher.
Bearish invalidation: A breakdown below $95,200 could trigger further downside to the Bear Day zone (~$94,800).
Key Levels to Watch:
Upside targets: $96,800, $97,200, and $98,400 (Bullish Swing level).
Downside risk levels: $95,600, $95,200, and $94,800.
Conclusion: The market structure is leaning towards a bullish breakout if BTC can clear the nearby resistance zones. However, keep an eye on volume and lower supports for invalidation of the setup.
