Bitcoin 1D Commentary and Bull Run Technical Analysis - Bitcoin is currently trading at 99,779$
- Bitcoin kept behaving choppy and the Price Behaviour was very sluggish in January
- We saw BTC printing a candle 4000$, which helped BTC cross 100,000$ after a long time.
- Coming back to the current Price Action of BTC we are currently trading at a crucial zone and if we flip a weekly candle close above 102,686$ then the Market structure will change to Bullish
- However, if we do not close above 102,000$ then we can see BTC revisiting 85,000-90,000$
- Trump's inaugural is due next week and will bring in a lot of volatility.
- I am leaning more on the Bullish side, however, if we don't see supporting Macros then we might have a rough time chopping out and getting distributed the whole month.
BTCETH.P trade ideas
Head and Shoulders Pattern with Key Price LevelsThis chart illustrates the classic Head and Shoulders pattern, a key reversal indicator. The formation includes a Left Shoulder, Head, and Right Shoulder, which suggest a potential market reversal. Notable price levels such as the 1W High and 1W Low, along with support and resistance zones, are highlighted for further analysis and trade decision-making and a fake breakdown forming a wick
Bitcoin following 2013-2017 ATH Fractal UPDATE
Welcome to the latest update
I have been posting this idea for a long time now and it is still playing out and I am so pleased to see some respected Crypto people now saying the same.
To recap
Bitcoin Fractal anchored at the 2021 Nov ATH - some people do not like to use that ATH as a real one as there are many reason why they consider it a False one...But I use it as most BTC ATH are in End of year months and it was very simply THE ATH of that cycle. It was the highest point.
And as you can see, Current PA has followed it (all be it with a certain tolerance of error)
The 2022 period was hard for BTC as we know and so the PA was driven lower but Still survived.
We can also see how it took some time for confidence to return fully but.. Here we are now, since Q3 2023, following it again Spot on.
And if we are going to continue to do this, we need that -30% Pull back as seen on the Fractel. And we do need it.
Weekly MACD is currently turning Bearish and if we want to get to a new ATH in 2025, that MACD needs to be coming off Neutral at best.
Should PA Avoid that pullback, and Range for 6 months again, it will begin to fall under the fractel. I am not sure if that is OK or not but given that we have been Above it since Jan 2023, It is not something that would give me confidence.
So, for me, I am cautious, waiting / hoping for a Drop that would be swiftly bought back up
BUY THE DIP
But then, there will come a day where we no longer follow that Fractel because, as Fantastic as it would be to follow to the top and Get a $1.3 Million BTC, I do not think it is something we should expect just yet
But then, This IS Bitcoin
Anything can happen
Be safe
Bitcoin's Range Game: Stuck Between 90K and 100KThere's a clear resistance level at $100,000 (red horizontal line)
Three recent rejections from the $100K level (marked with red circles)
We have a support zone around $90-92K (marked in green)
The market has been making higher lows since November, indicating an overall bullish trend.
Recent price action shows formation of liquidity pools above $100K
Multiple attempts to break $100K suggest accumulation at these levels
The quick rejections from $100K could indicate stop-loss hunting by larger players
Volume profile (shown at bottom) indicates decreased volume during recent moves
Short-term (1-2 weeks):
Likely consolidation between :92 K-100K range
$100K remains a significant psychological resistance
Watch for false breakouts above $100K which could trap retail buyers
Mid-term (1-3 months):
Bullish bias as long as $90K support holds
Potential for a decisive break above $100K after sufficient accumulation
Key to watch institutional flow and spot market demand
Long-term (6+ months):
Overall structure remains bullish with higher lows
$100K level likely to be broken after sufficient consolidation
Major support zone at $90-92K needs to hold for continued uptrend
Key levels to watch:
Major resistance: $100,000
Current support: $92,000
Critical support: $90,000
Bitcoin Bybit chart analysis january 13Hello
It's a Bitcoinguide.
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This is the Nasdaq 30-minute chart.
There is no separate indicator announcement today.
According to the daily support + weekly central line rising pattern,
I bet on entering or switching a long position at the bottom of 20.4K.
There is a possibility of extreme sideways movement without touching the entry point,
so you must check whether it touches the weekly chart central line near 20.4K.
I just applied it to Bitcoin.
This is the Bitcoin 30-minute chart.
After the 94.5K Gap reversal in the morning,
4+6 MACD dead cross is in progress,
unlike Nasdaq, it is in a strong vertical decline.
In the current situation,
except for the weekly chart MACD dead cross,
there are no special danger signals,
and
Bollinger Band 6-hour chart resistance line->6-hour chart support line is being touched.
*When the blue finger moves,
it is a two-way neutral
short->long switching strategy.
1. 92764.5 dollars short position entry point / cut-off price when orange resistance line is broken
2. 91217 dollars long position switching / cut-off price when purple support line is broken
3. 93.4K long position 1st target -> Top 2nd target and then target price in order
While writing the analysis, the long position switching point
91.2K was touched in real time, so please refer to it.
To explain briefly, depending on the movement of Nasdaq,
it will probably be either the sky blue finger 91.2K long or the bottom 1 89.K long.
Today, it is in a downward trend as it touches the final 6-hour chart support line.
The bottom 1 section is the 12-hour, daily chart support line touch point.
From this section touch, the downside is open,
and a strong downward trend can continue,
so you should be careful in the long position position.
A similar situation is unfolding to the analysis article I left last week on the 9th.
In the case of touching 91.2K first without touching the sky blue finger 92.7K short entry point at the top,
rather than entering a long position right away,
you should use whether you touch the short position entry point at the top or the 5-minute trend reversal.
Today, the purple support line is also the last mid-term uptrend line.
Since it is also in an upward trend in Tether Dominance,
it needs a justification to fall.
In the current trend situation, you need to see if it is swept right away.
(In the case of Bit, which moves in the opposite direction, it skyrockets without adjustment)
The point is that the 1st section at the bottom is
*If a rebound is successful in the daily support + weekly center line pattern position on Nasdaq today,
it is possible that a rebound will occur at the 1st section at the bottom.
In the case of Bit, since it continues to fall vertically without touching the resistance line,
the 4-hour and 6-hour chart MACD dead cross is perfectly imprinted,
and the movement after 9 o'clock when additional candles are created is important.
Please refer to it in real time and operate well.
Up to this point, I ask that you simply refer to and use my analysis,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
Bitcoin : H n S Pattern $75000/- (Bearish)Sell Bitcoin below 91350 stoploss 98950 tgt 88615, 84750, 80500, 73600
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
BITCOIN STARTED BREAKING SUPPORTAs seen in this chart falling triangle pattern base line is voilated if it is sustaind bellow base of triange then there may be bigger correction as it is trying to form HEAD & SHOULDER PATTERN.this is my view not buy or sell call.
Red lines as resistance
Green lines as support
since november bitcoin trying to protect this base so be carefull at this level.
**Scenario for BTC**1️⃣ **Fundamental analysis:**
📊 Nonfarm data last weekend was good for the USD and impacted the interest rate cut policy. It is likely that we will have to wait until June for the next interest rate cut.
📉 Current market sentiment is affected by this information, plus the recent sharp increase in BTC price has made many people doubt the momentum to continue to increase to a higher price range. Therefore, the increase has temporarily slowed down.
2️⃣ **Technical analysis:**
🔹 **Week frame:** Last week closed not very optimistically when the price reacted badly at the resistance zone of 101k~104k.
🔹 **Frame D:** The price structure is also not good when there are 2 peaks with the latter peak lower than the previous peak. The price is approaching the support zone but there is no clear reaction, it is likely to adjust to a lower support zone.
🔹 **H4 frame:** Based on the Zigzag line, we can see the classic head-and-shoulders pattern. At this time, we should not catch the bottom when the price has created a lower peak, showing that the market sentiment is no longer interested in the possibility of BTC's price increase.
3️⃣ **Trading plan:**
✅ If you have a **SELL** order in a good position, congratulations! 🎉 You can absolutely wait for a better profit when BTC is likely to break the current support zone to reach the next support zone of 85~86xxx.
⛔ **Absolutely do not BUY** at the present time, when the price structure shows a short-term downtrend.
💪 **Wish you successful trading!** 🚀
BITCOIN ElliottWave for Y2025The current market phase appears to be in the final stages of a significant uptrend, with Bitcoin reaching a potential peak near $108,000. This aligns with the completion of the 5th wave in Elliott Wave theory. After this peak, a corrective phase is anticipated, which could result in a retracement of 50% or more from the top.
Key levels to watch during the correction are marked by Fibonacci retracements:
86k (23.6% retracement): Initial support zone.
72k (38.2% retracement): A critical level where a bounce could occur.
61k (50% retracement): A psychologically significant level.
51k (61.8% retracement): A deeper correction target.
The market may form a reversal pattern during this corrective phase, with potential sideways or downward consolidation lasting through 2025. Traders should remain cautious and watch for confirmation of trend reversals at these levels.
#BTCUUSD #bitcoin
Bitcoin ready for upmove Avoid sell until recent low 91500 breakDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Orange/ Green / lines are work as support/Resistance.
Blacks lines are Support/ resistance based on previous important low and High level
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Todays Bit coin chartBitcoin took exact rejection from the demand zone and reaching the target of supply zone .
We trade when price reaches a key zone, observe the behavior of price and then take in the direction of price so here it took rejection so we initiated a buy trade keeping target of supply zone .
Bitcoin near Cycle Top ? Or is it really different this time ?I am a man that likes to look at Both sides of a Story, even more so when it involves trading with with large or small amounts of money
And I am even more carious with Bitcoin this Cycle.
The Adoption of Corporations that can Buy and amass large amounts of Bitcoin is Highly likely to change how Bitcoin works. So many "Experts" deny this.
And the proof that this is or not happening, is simply by looking at the Price Action, past and present.
That is what I do almost everyday since 2015 and charting it here on TV for the last 6 years.
And I have found THIS last night.
And I have to show you and explain this.
** The Figures in the Logarithmic chart below are approximate and yet near enough to accurately reflect the idea I am about to present.
This chart is Bitcoin PA since The LOW of November 2009
From that Low to cycle ATH is A and the same principle is applied to the following Cycle Low to ATH.
The Data shown is the % difference between a cycle Low to Cycle High as compared to the previous cycle.
For example. Cycle B was 95.8% smaller than Cycle A
As we can easily see, as BTC increases in price, it becomes harder to make PA move higher. More money is required and so that "ATH point" Arc becomes Flatter each cycle.
As a result, the Negative % difference is reduced each time.
And we are near that ball park now in 2025 at - 73.2%
The average of the previous 3 cycles is - 84.7 % - the first was an exceptional year and so if we remove that, we have an average of - 79,1 %
But I am looking at the simple fact that we went from - 80.1 % to - 78.2 % in 2 cycles, that are in a channel that PA has been in ever since 2014 ATH. ( I have explained this channel in other posts )
That is a - 2.1 % change and so if we apply that to the previous -78.2 %, we may expect a final figure of - 76.1 %
This still Gives PA some room to move before a final ATH - POSSIBLY
Some are Expecting a 200K figure for this cycle ATH.
If that happens, it would destroy this pattern and be a -40% difference to the previous cycle.
What is VERY important to understand here is that, if we do make it over 120K, it does begin to make things Different.
And the higher we go, the Bigger that difference to the Pattern we all now accept as the default 4 year cycle.
So, in conclusion, there is a very real possibility that we have reached cycle Top, or very near, in 3 years.
We did this in 2021 with a March ATH but we all now know, we went to November 2021 before the final ATH was reached, sticking to the 4 cycle and Keeping that % Different model explained above.
If that happens again, we will not see another ATH till later in 2025 and even then, it will not be a lot greater than the last, repeating what happened in 2021.
BUT - we do not know the impact of Corporate usage yet.
Should this drive us over and beyond the 120K Mark,Things Will be different and then, referring to the past could be prone to error.
THAT would be True Price discovery.
This is all numerical FACT as can be seen on the chart
My personnel opinion is that we do have more to come this cycle but maybe not till later in the year. It depends on market sentiment and that is likely to be Cool if the USA FED refuses to lower interest rates further this year,
The First FED meeting of the year is 28 29 Jan
We may be near a "Classic" cycle Top, and we may well be on the edge of creating a New Cycle pattern
We may not.
Only Time will tell and YOU need to make plans for Either reality
Trade Safe, be cautious and LOVE LIFE
Bitcoin buy on dip trying to make bottom near 91500-92000Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Orange/ Green / lines are work as support/Resistance.
Blacks lines are Support/ resistance based on previous important low and High level
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Bitcoin Looks Like abc corrective wave in daily tf we can clearly see divergence on 17th December, when the price made higher high and oscillators made lower high. this is a bearish reversal divergence showing the weakness of strength. if the corrective pattern hold than BTC can take resistance at 99,902 till 101153 levels and if it falls than the support as per wave C of the corrective wave stands at 74000 till 73000.
A BUY setupAlways use proper risk management by assessing your financial goals and personal risk tolerance, ensuring you never risk more than you can afford to lose. Set a proper stop loss before entering any trade to minimize potential losses if the market moves against you, and stick to it without letting emotions interfere. Take full responsibility for your trading decisions, learning from mistakes to improve over time. Plan every trade carefully with clear entry, exit, and risk management strategies, as consistency and discipline are key to long-term success.
BTCUSD Analysis on (10/01/2025)BTCUSD UPDATEDE
Current price - 93500
If price stay above 90500,then next target 98500,103500 and below that 85000
Plan; if price break 93500-93000 area and above that 93500 area,we will place buy oder in BTCUSD with target of 98500 and 103500 & stop loss should be placed at 90500
Bitcoin Analysis: Shakeout or Rally? Let's Read The Chart!The Crypto market is buzzing with speculations right now! Some believe that the recent fall in Bitcoin was nothing more than a shakeout, and a massive rally is just around the corner. Meanwhile, there’s news floating around that the federal government has sold a huge chunk of BTC and plans to sell even more.
But here’s the thing: financial markets don’t run on speculations, and news usually hits the market after the action is already done. So, let’s forget the noise and get straight to the business of reading what the chart is telling us.
Before we dive into the analysis, ask yourself this: What kind of trader are you? When you invested in the market, did you have a plan? Was it a short-term play (swing trade) or a long-term investment?
For Long-Term Investors
If you’re a long-term investor, there’s no need to worry. The trend for Bitcoin is still bullish on the daily time frame. What we’re seeing now is just a corrective move, and this is how price behaves—it moves in waves. Every dip is an opportunity.
The next key buying zone for long-term investors lies between 70500 - 74000, a level that hasn’t been tested since the breakout on 6th Nov 2024. So, be patient and let the price come to you.
For Short-Term Investors
If you’re a short-term investor, this analysis is specifically for you.
Currently, Bitcoin’s price has been moving consistently upward over the last few hours. It has even broken out of the last lower high. However, let’s not get carried away just yet.
There are multiple resistance zones above, and it won’t be an easy ride for the buyers. These zones offer an opportunity for sellers who missed the chance to short from the top.
The real turning point for buyers will be the 0.618 Fibonacci level. Once this level breaks and the price sustains above it, we might see buyers gaining confidence to push the price higher.
Also, don’t forget to check out my detailed analysis of the Ethereum chart.
Bitcoin holding buy from 92500 , upside Target 96900 ,,98100Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (risky traders can take entry after breaking SL 15 % ,safe traders can take entry after breaking SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
(Spicy) Bitcoin Bybit chart analysis january 8Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the NASDAQ 30-minute chart.
This is the movement after the analysis article was written.
During the blue finger short->long switching strategy,
it did not rise to the short entry point,
but reached the green support line in the 2nd section in the 1st vertical decline section.
After that, as I explained,
watch the movement from the bottom to the 3rd section.
This is the daily chart of Tether Dominance.
If it is normal,
It is impossible to break through the Bollinger Band resistance line, center line, and support line at once with one candle
But since it is forcibly coupled to the Nasdaq movement,
Please watch the detailed movement.
If it is normal,
Since only one daily candle is created per day,
Until 9 AM tomorrow,
Since Tether Dominance is attempting to break through the center line with one daily chart candle,
There should be an adjustment at the current location or the next wave.
Because,
As explained above,
In the case of ignoring the Bollinger Band center line with one daily chart candle,
and reaching the resistance line at once,
It is a movement that occurs only once or twice a year.
This is the Bitcoin 30-minute chart.
During the analysis, the Nasdaq vertical decline is in progress,
and it is breaking the major drawing section in real time,
so we will proceed without changing the strategy.
Currently, the daily chart MACD dead cross is in progress for 12 hours,
and unlike Nasdaq, there is still some room until the weekly chart MACD dead cross.
Instead, Bitcoin created a daily chart today,
and touched the support line first, so the downside is open,
so it can fall strongly if it breaks away.
The Nasdaq indicator will be announced at 10:30 in a little while.
*When the blue finger moves,
it is a short position strategy
short->long->short switching strategy.
1. $96,446 short position entry section / stop loss price when red resistance line is broken
2. $94,410.5 long position switching / stop loss price when green support line is broken or section 2 is touched
3. $96,935 short position switching / stop loss price when light blue resistance line is broken
After that, while maintaining short position,
the final long switching strategy was to check MACD main signals and support lines.
As you can see, it is being adjusted without the most basic short position entry point due to forced coupling with Nasdaq.
In order for a vertical decline to occur,
at least section 1 at the top -> 15-minute resistance that has not been touched even once today + 30-minute central line
should be touched, but it is just falling.
The reason why section 1 and section 2 at the bottom are marked
is because of the connection.
If there is a miraculous rebound from the current position,
The blue finger movement path is valid.
Since it is falling without touching the first section from the current position,
the second section may be dangerous,
and the bottom is where the Bollinger Band 12-hour chart support line + daily support line meet,
and the point indicated up to 91.4K is the mid-term upward trend line.
If you can somehow hold this point,
you can take a breather from the long position.
If the MACD dead cross pressure on the weekly chart progresses,
it may continue to shake up and down or repeat adjustments for several weeks rather than rebounding.
Please use my analysis so far for reference and use only,
and I hope you operate safely with principle trading and stop loss prices.
Thank you.