Bitcoin Big Decision: $100k Breakout or $75K Drop?#Bitcoin Big Decision: $100k Breakout or $75K Drop?
🔰 Key Levels:
▪️ $100k Resistance: CRYPTOCAP:BTC is showing weakness around this psychological level due to low trading volume.
▪️ Swing Low Support: $95,650 – A breakdown here could signal bearish momentum.
▪️ Trendline Resistance: $94,100 – Breaking below this level may lead to a 10%-20% correction.
🔰 Bearish Outlook:
If #BTC breaks both $95,650 and $94,100, downside targets are $85,000 and $75,000.
🔰 Bullish Case:
If BTC holds above $94,100, a continuation toward $120K is possible, supported by volume.
⚠️ Risk Management: Current volatility is high. Traders should monitor these key levels closely and use stop-loss orders to mitigate risks.
Btc-bitcoin
Bitcoin Market Cycle:Bitcoin Market Cycle:
The #Bitcoin market Cycle is here to repeat its historical pattern! Looking back at 2016-2017 and 2020-2021, we know exactly what’s coming. The next cycle starting in 2024-2025 looks promising: BINANCE:BTCUSDT
BTC Cycle: 2016-2017
🔹 Pre-Halving: Jan '16- Jun '16
🔹 Halving: July '16
🔹 Accumulation: Aug '16- Dec '16
🔹 Bull Run: Jan '17 - Dec '17
BTC Cycle: 2020-2021
🔹 Pre-Halving: Nov '19- Apr '20
🔹 Halving: May '20
🔹 Accumulation: Jun '20- Oct '20
🔹 Bull Run: Nov '20 - Nov '21
BTC Cycle: 2024-2025
🔹 Pre-Halving: Oct '23 - Mar '24
🔹 Halving: Apr '24
🔹 Accumulation: May '24- Sep '24
🔹 Bull Run: Oct '24 - Oct '25
Today Date: 20th Nov 2024
Hold Tight. altcoins are primed to pump massively. It’s going to be an exhilarating journey!
Bitcoin need Short term Retracement 🔹 #Bitcoin LTF Update 🔹
CRYPTOCAP:BTC has formed a double top on the LTF, signaling bearish potential below $90,000. This could mean a short-term retracement.
If #BTC fails to break the $90,000 resistance, we may see it drop to the $81,000 level soon, with LTF OB around $81,000.
However, if BTC breaks above $90,000, next stop could be over $100k 🚀
Will Bitcoin History Repeat after US Election ?#Bitcoin and US Elections: History Repeats?
Looking back at the last two US elections, we’ve seen a strong Bitcoin bull market follow each one. Let’s take a look:
📅 2016 US Election (November):
➡️ Before the election, BTC was at $700
➡️ Within a year, BTC soared to $19,900
📅 2020 US Election (November):
➡️Pre-election price: $13,600
➡️ Just a year later, BTC hit an all-time high of $69,000!
Now, with the US election tomorrow, is this another CRYPTOCAP:BTC buying opportunity based on past trends?
🔮 My Prediction: By next year, November 2025, #BTC could reach $150,000 - $180,000.
Let’s see if history repeats!
#Crypto #BullMarket
Ready for #Bitcoin Dump as per SMC chart Analysis ?Ready for #Bitcoin Dump as per SMC chart Analysis ?
CRYPTOCAP:BTC is trading at $66,000, and I see a Bearish Order Block here—high chances of rejection. If BTC rejects from $66K, we might revisit $63K
Note: If price breaks $66K & any 4H candle closes above $66,250, I'll close my short position.
Support: $63K / $60K
Resistance: $66K
$BTC | HTF: Daily Plan:The HTF chart remains bullish, and while we might experience some choppiness, it's crucial to stay bullish. Uptober is still full of promise.
The Doji weekly candle close is a good sign for BINANCE:BTCUSDT bulls. If we can hold above those EMA's, we’re on track to break last month high and we could aim for target of 70k!
Key levels to watch:
🔹 67k - Prev month high
🔹 70k - Liquidation
🔹 61k - Key level
Bitcoin Breakout confirmed so what Next?#Bitcoin Chart Analysis
CRYPTOCAP:BTC has broken TL resistance and is heading towards $66,000. The key resistance level is at $66K—if broken, we could see a new ATH toward $80K!
However, if $66K is rejected, a retracement to $62K is possible.
Resistance: $64K/ $66.3K
Support: $62.5K / $60K
Watch for a 3H/4H close above $66.4K to confirm ATH potential!
Bitcoin Breakout confirmed so what Next?#Bitcoin Chart Analysis
CRYPTOCAP:BTC has broken TL resistance and is heading towards $66,000. The key resistance level is at $66K—if broken, we could see a new ATH toward $80K!
However, if $66K is rejected, a retracement to $62K is possible.
Resistance: $64K/ $66.3K
Support: $62.5K / $60K
Watch for a 3H/4H close above $66.4K to confirm ATH potential!
Bitcoin Perfectly Dumped as I Predicted as Per SMMBitcoin followed my SMM chart perfectly!
CRYPTOCAP:BTC rejected exactly from the Bearish OB at $64,000. I'm expecting further downside, and the chart remains valid unless any 4H candle closes above $64,200. If you're using leverage, consider booking profits.
$BTC | Daily: HTF Plan:The weekly close was so bullish. BINANCE:BTCUSDT successfully flipped the POI level (67k), showcasing the strength of spot buyers in the market.
Expect some consolidation before bulls push to 72k (PMH) and then new highs!
68k- POI level
72k- PMH + Liquidation
74k- New all time high.
$BTC | Daily: HTF Plan:There is still potential for a small bounce in BINANCE:BTCUSDT before it potentially drops to a lower low of 56k. Nothing to worry about, It would be the best opportunity.
We may not see any big moves until the ETH ETF starts. It starts trading on the 2nd of July. But once the #ETHETF begins, there could be some distribution on BTC.
Bitcoin Rebounds from Key Trendline: Is $90K on the Horizon#BTC Bouncing from Key 10-Month Trendline with Weekly Bullish Divergence: Targeting $90K
#Bitcoin (BTC) is currently bouncing off a significant 10-month trendline. The weekly time frame clearly shows a bullish divergence, indicating a strong potential for a substantial upward move. This momentum could propel BTC towards the $90K mark, suggesting a big rally is on the horizon.
#Bitcoin #BTC #Crypto #CryptoTrading #TechnicalAnalysis #BullishDivergence #Trendline #BTCUSD #BTCto90K #CryptoAnalysis #Cryptocurrency #BTCBullRun #CryptoInvesting
Bitcoin Ready For $28,000 As per SMC Chart AnalysisBITCOIN Urgent Weekly Chart Update
Weekly Chart Analysis:
Order Block (OB) 1: $42,000 - $38,000
First Fair Value Gap (FVG): $47,557
Order Block (OB) 2: $28,000 - $26,400
Second FVG: $33,802
Potential Scenarios:
We could see a fill of the first OB and FVG before a new upward rally.
Both FVG and OB are in the discount zone, increasing the likelihood of hitting the second OB and FVG around $33,000 - $30,000.
Spot Entry Levels:
Entry 1: $47,600 - $41,600
Entry 2: $33,900 - $27,000
Targets: $100,000 / $150,000 / $180,000
This might sound speculative, but there is a high chance of sweeping liquidity at these levels before a bullish rally.
Reminder: My eyes are open for discount zone entries. I could be wrong, so always do your own research before investing. This is not financial advice.
Stay alert and trade wisely.
Bitcoin Ready For $28,000 As per SMC Chart AnalysisBITCOIN Urgent Weekly Chart Update
Weekly Chart Analysis:
Order Block (OB) 1: $42,000 - $38,000
First Fair Value Gap (FVG): $47,557
Order Block (OB) 2: $28,000 - $26,400
Second FVG: $33,802
Potential Scenarios:
We could see a fill of the first OB and FVG before a new upward rally.
Both FVG and OB are in the discount zone, increasing the likelihood of hitting the second OB and FVG around $33,000 - $30,000.
Spot Entry Levels:
Entry 1: $47,600 - $41,600
Entry 2: $33,900 - $27,000
Targets: $100,000 / $150,000 / $180,000
This might sound speculative, but there is a high chance of sweeping liquidity at these levels before a bullish rally.
Reminder: My eyes are open for discount zone entries. I could be wrong, so always do your own research before investing. This is not financial advice.
Stay alert and trade wisely.
$BTC | Daily: HTF Plan:The weekly close for BINANCE:BTCUSDT was very bullish, with March low and liquidation levels already taken.
There is strong buying interest below 60k, so we are anticipating a dump to FVG before a pump to 68k.
However, it is unlikely for Bitcoin to see a direct surge to a new ATH, instead, there could be a period of consolidation between 68k and 62k.