BTC chart updateBTC latest is support level and going up again Upside have a resistance is break then going up againby gujju_forex1
Bitcoin is trading in an ascending parrelel channelBitcoin is trading in an ascending parrelel channelby BitcoinProTrader0
BTC can pretest support level and going up or break out support Let's see how BTC going maybe full chance to going up because of bull or for market dataLongby gujju_forex0
BTC BUYIts time to buy btc becz FVG mitigating then we have buy opportunitie so lets do that print moneyLongby jassmehra4410
Bitcoin's Recent Surge and Potential OutlookBitcoin has experienced a significant surge in recent days, breaking through the $100,000 mark. This bullish momentum is evident on the daily chart, with the price forming higher highs and higher lows, a classic sign of an uptrend. Potential Scenarios: Continued Upward Momentum: If the current bullish trend persists, Bitcoin could continue to rally towards new all-time highs. Key resistance levels to watch include the psychological $110,000 and $120,000 levels. Short-Term Correction: Given the overbought conditions, a short-term pullback to retest is possible. However, this could provide a buying opportunity for long-term investors. Trading Strategies: Long-Term Investors: Continue to hold Bitcoin and consider buying additional positions on any dips. Short-Term Traders: Be cautious and consider taking profits on existing positions. If a pullback occurs, look for buying opportunities near key support levels. Important Considerations: Volatility: Bitcoin is a highly volatile asset, and price swings can be significant. Market Sentiment: Positive news and developments in the cryptocurrency industry can fuel further price increases. Regulatory Environment: Changes in regulations can impact the price of Bitcoin. by itskisun0
BTC Targets 100K Despite ResistanceBitcoin has shown a clear uptrend in the past two days, characterized by higher highs and higher lows. The recent upside breakout of the consolidation in the 94K to 96K range has pushed the price up to 98K. Short-term resistance is currently located at 99K, while support is located in the 92K to 94K area. This is a psychological threshold, which precedes the critical 100K level. Traders seeking entry opportunities can target pullbacks to the 96.5K–97K area for entry, and exit strategies at 99K–100K. Long-term traders can consider buying on pullbacks towards the support zone and plan to hold on a breakout of 100K. The arrival of 100K prices may prompt profit-taking, hindering further gains. In addition, declining volumes or momentum divergences may indicate weakening bullish momentum. Traders should remain vigilant to macroeconomic developments or crypto-specific news, which may change market dynamics. Strategies vary by time frame: Short-term traders can focus on a breakout or pullback to 96K to 99K, while long-term holders should aim for a pullback toward 92K to 94K. It is recommended to place a stop loss below 94K to effectively manage risk.Longby Ring-1Updated 1
Bitcoin Price daily analysis#BTC is still inside the symmetrical triangle. Took support from $95,000-$94,000 area. A break below this support is bearish for #bitcoin by BitcoinProTrader0
Bitcoin (BTC): technical and fundamental analysis. Altseason.📈 Technical analysis BTC/USDT The Bitcoin price is trading within a narrowing price range, formed after an unsuccessful test of the major resistance block at $100,000, followed by a correction to the 0.23 Fibonacci retracement level and subsequent consolidation. This has resulted in the formation of a pattern known as a narrowing wedge, the breakout of which could indicate the next direction for BTC price movement. If buyers, supported by fundamental factors, manage to break through the psychological resistance level of $100,000, we can expect a strong upward momentum toward the next resistance zones at $110,000–$120,000 and a test of the global trendline resistance. Conversely, if sellers push the price below the $90,000 support block and establish themselves beneath the EMA 200 line, we anticipate a corrective move toward the 0.5–0.61 Fibonacci retracement levels. These levels coincide with Imbalance zones, where consolidations are needed to close gaps in horizontal volume levels. 📉 Bitcoin market global analysis. When does the altseason start? Bitcoin's dominance has begun a rapid decline, and we are currently witnessing an attempt to break out of a parallel price channel. If it manages to consolidate below the lower boundary of the channel, we can expect further declines in dominance, which would indicate the start of significant capital flows from Bitcoin to altcoins. What are Bitcoin's long-term growth targets? Above the current all-time high (ATH), there are no resistance levels based on historical data. Therefore, to determine growth targets, we will rely on trendlines, Fibonacci extension levels, analysis of large order block clusters in exchange order books, and, of course, indicators: Fibonacci Extension Levels: The nearest growth targets for Bitcoin are the 1.61 and 1.78 Fibonacci extension levels, which lie in the range of $104,000–$112,000. Global Trendline: The next target could be the global trendline drawn based on the peaks of the previous growth cycle. A test of this trendline might occur around the $120,000 level. RSI Analysis: The RSI indicator is currently about 18% away from its resistance trendline. Translating this to Bitcoin’s price chart, this corresponds to a range of approximately $114,000–$120,000. This is where a test of the resistance line may occur, as observed in all previous Bitcoin market cycles. 💠 Analysis of liquidity zones and levels The Fear and Greed Index remains in the Greed Zone at 76. The total cryptocurrency market capitalization has grown to $3.37 billion, while the Bitcoin Dominance Index has fallen to 56.18. According to the analysis of the accumulation of large order blocks in the order books, the largest blocks are at levels 100,000 and 120,000, and the supply and demand zones are located at the following levels: 🟢 Demand zone: 80,000 - 90,000 🔴 Supply zone: 100,000 - 150,000 Levels for long positions: 90,000 - psychological support level 88,000 - large support block 60,000 - large support block Levels for short positions: 100,000 - largest resistance block 110,000 - large resistance block 120,000 - 100,000 - ascending trend line of resistance 📊 Fundamental analysis In November, Bitcoin ETFs recorded an inflow of $6.1 billion—the highest monthly figure since the instrument's launch in January. This indicates growing investor confidence in the asset while favoring the security of regulated ETFs over direct BTC purchases. Record inflows into Bitcoin ETFs could support a BTC rally above $100,000. Ethereum and Altcoin Investment Trends Investment inflows into Ethereum (ETH)-focused products reached $634 million, pushing the total for this year to over $2.2 billion, surpassing the previous record of $2 billion set in 2021. Similarly, Ripple (XRP)-based crypto funds received record-breaking investments of $95 million. This surge may be linked to preparations for ETFs on other cryptocurrencies, potentially accelerating the onset of an altseason. Regulatory and Macroeconomic Developments SEC Leadership Announcement: Tomorrow, information may emerge regarding the new chair of the U.S. Securities and Exchange Commission (SEC), a key financial regulator overseeing the crypto market. Under current chair Gary Gensler, the SEC has intensified crypto market regulation. The appointment of a crypto-friendly commissioner could boost market sentiment and further support the start of an altseason. U.S. Labor Market Data: Labor market reports are set to be released this week, serving as a critical indicator for the Federal Reserve's monetary policy. A continuation of rate cuts by the Fed would likely bolster overall growth in the cryptocurrency market. 🌐 Upcoming Events in the Global Economy We expect increased volatility in both stock and cryptocurrency markets on the following dates: ➤ 12/04, 21:45 - Speech by Fed Chairman Jerome Powell. ➤ 12/06, 21:45 - US Unemployment Rate for November. ➤ 12/18, 21:00 - New Fed Interest Rate Decision. ➤ 12/18, 21:00 - US GDP (q/q) (Q3) ➤ 01/29/2025, 21:00 - New Fed Interest Rate Decision. 📈 Statistics of signals from our AI trading indicator: In November, the price of Bitcoin was in an upward trend. Our trading indicator, as always, warned about this in advance! And even during the flat period it gave good entry points. Thanks to the latest updates, all signals have become profitable, and built-in Anti-Flat System prevented losses from manipulative market movements. 😎 Total price movement by all signals: + 54.92% Maximum price movement: + 42.10% Average price movement: + 13.73% In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement: by TradeINEX0
Bitcoin is bullishFrom bigger daily timeframe its the flag and pole pattern shows target of area around 1,06,450 to 1,07,450. Also there is inverted H&S in formation which may target same area.Longby srajgolikar80
Plan $BTC date 27-11-2024Market Trend: The market is still leaning towards an upward trend until the 89,000 level is broken. Long Plan according to H3, H4: H4 pattern is present. Structure remains above 89k. There is buying pressure in smaller time frames. => Wait for H1 confirmation: break the trend + retest higher support.Longby akin090319Updated 115
BTCUSDT can retrace to its demand zone to accumulate fresh buyerBTCUSDT is at its all time high trading near 100000 but it is not showing strength to brak the round level so it has formed a selling order block at 99450-98890 and has broken its structure at the level of 98517.21 and i've entered a short position at level of its structure break with stop loss of 99510 and once it confirms a closing below 97533.18 it can easily retrace to 95600 and 94040 or it can come down till its demand zone (94820-94450)Shortby Trading-UnicornUpdated 33102
Bullish on bitcoin Bitcoin, is making correction right now, so next support area at 93,111$, so keep an eye on the zone likely to take reversal from the support, liquidity zone is approaching after that if it's show some bullish strength then rally will continue, or otherwise it will go sideways, no bad news come in market so we can expect a rally, do your own research before trade, and manage riskLongby Dsrx_Mustak2
Bitcoin - WMA 50 vs W200WMA 50 vs WMA 200 for BTC in bull run can be the simplest indicator to time the top and get out of the market when needed.by ompanda18332
Altcoins Correction Or Continuation? Bitcoin Too! A strong bullish signal is the fact that more and more capital is flowing into the Cryptocurrency market. More and more whales are buying Bitcoin... We had a bearish period, a bearish season and in this season most of the whales transactions were composed of Crypto moving in and out of exchanges, mostly in. Large amounts of Bitcoins would be deposited into the exchanges; large amounts of Ether as well, nothing more. Lately, we see a huge shift in these transactions. We are seeing Crypto leaving the exchanges, big/large chunks and billions of dollars worth of stablecoins being minted everyday and later deposited into varied exchanges. From March through October 2024, we saw only 1-2 billion worth of USDT being minted on the alerts. Just in November 2024 alone, we have more than 10 billion and the number continues to increase. (Rough numbers.) We see hundreds of millions worth of stablecoins moving to the exchanges, there is only one way to translate this; the whales are buying. If the only signal we had were the whales buying we would not be confident enough to say that prices are going up. But we saw the Altcoins hit bottom in August and after months of consolidation they are going up. Bitcoin broke a long-term resistance level after months of consolidation and is also trading near its All-Time High. The billions worth of stablecoins moving into the exchanges is supported by the action on the charts and the pairs/projects price. Everything is going up. Will it stop? Correction or continuation? It is only the beginning.by Trader-KeniasUpdated 2
Bitcoin looks bearish💡💡💡 #Bitcoin looks bearish Seems like a perfect time to open short trades 🪙😎Shortby BitcoinProTrader0
This could be some possible scenario for BTCThis is the idea I am looking for BTC in the coming weeks. No specific entry points just the idea of the possible path. Been away from the market for so long going to study more. #BTC #Crypto #USDT by AcolyteCrypto112
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.Shortby CryptoPatel5
Bitcoin Turns Bullish: The Start Of A New Cycle (Altcoins Boom)November is the month that BTCUSDT (Bitcoin) starts growing above a 1,279 days long resistance range. This range, between $65,000 and $74,000, worked as resistance between April 2021 and October 2024. In November 2024, Bitcoin entered a new phase in its evolution. We are now in price discovery, anything is possible. by Trader-KeniasUpdated 1
Bitcoin‘s next move 🪙 Bitcoin is currently respecting this channel. It will consolidate in this triangle pattern for some time before it makes a move towards upward or downward 👀👀Shortby BitcoinProTrader0
BTC/USD: Key CHoCH and BOS Levels Indicating Potential Bullish Technical Overview: This BTC/USD chart highlights significant Change of Character (CHoCH) and Break of Structure (BOS) levels, indicating potential bullish momentum. Price is currently testing a key support zone, offering a possible entry for a long position. Key Levels: - Entry Zone: $98,100 - $98,200 (Buy near this support zone after confirmation of bullish momentum.) - Stop Loss (SL): $98,000 (Below recent BOS for risk management.) - Take Profit (TP): Target 1: $98,528 Target 2: $98,731 Analysis: - Support Zone: Price is consolidating near $98,100 after a bullish CHoCH and BOS, suggesting buyer interest. - Bullish Scenario: A bounce from $98,100 could drive the price toward $98,731, with intermediate resistance at $98,528. - Risk Management: Set SL below $98,000 to protect against false breakouts. * Plan your trades with discipline and always manage your risk. Let me know your thoughts on this setup!" Longby EliteTradersChoudharyJIUpdated 11101
Why Bitcoin May Not Hit $100K Why Bitcoin May Not Hit $100K ⚠️😢 Bitcoin’s journey to $100K is facing major roadblocks. Here’s why: Massive Sell Orders: A significant number of sell orders are stacked near the $100K mark, creating heavy resistance. With fewer buyers in the market, breaking through this level seems unlikely. Trader Fatigue: Bitcoin has been stuck between GETTEX:97K and $99K for several days. Frustrated long traders are starting to exit their positions, adding to the selling pressure. Potential Dip Incoming: This selling activity could push Bitcoin’s price down to $95K or even $90K before any attempt to reach $100K is made. While $100K remains a psychological target, current market dynamics suggest it may take longer than anticipated to get there. Stay cautious. BINANCE:BTCUSDT.P Shortby BitcoinProTrader4
BITCOIN (Near Breakout level)What I see: An impulsive wave from A to B (As we already know After every impulse had a correction) After made a high, price may correct to 50% of the impuse wave & made a low of 49000 Now here I see two things: Pole & Flag pattern BoS (Break of Structure level) Take buffer of 1500 points for confirmation. Then closing above 75300 we may see an impulsive move again which leads to price 89000 What to do: Just wait and watch mode. Targets: 89000, 92000, 95000, 98000 Idea got invalid if any candle closes below 48800 I am not a SEBI Registered. This analysis is purely for educational purposes only. . If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.Longby Nshravan1Updated 4
Expect a market correction from $100,000Expect a market correction from $100,000 BINANCE:BTCUSDT.P Shortby BitcoinProTrader4