ALL TIME HIGH, What's now?From a barely technical point of view, the bullish force should continue around 81.2K, on the weekly bias, before starting the drawdown.
Meanwhile, the last monthly target is over 86K, according to the Fibonacci retracement.
From a bearish lookout, the previously identified buy zone, around 34-35k, is even more confirmed by the fibonacci weekly last-take profits. Anyways, this zone is very liquid zone, left behind since last year.
The daily tf shows a strong bullish pattern. Fibonacci's last targets were taken on Sunday 10th. The bearish movement instead expires at 62K-61K, which also coincides with the Liquidation heatmap target. This map shows tons of positions between 75 and 72K.
Before running to the last take profits, I aspect a drawdown around this area for the previous reasons. The 0.618 is at 71.3K and the 0.5 is at 72K.
BTCUST.P trade ideas
AMAZING DAY. ATHHELLO
Such a big big week!!
We had a huge NEW SURPRISLY ATH, All Time High !!!
And every day is a huge ATH... Amazing, I am enthusiastic.
Anyways, let's quickly analyze the past trend.
Target hit @ 80000.
The range was broken at 70500 before a slight drawdown around 67K, where the limit order started, and a strong recovery to the past HHH at 73K.
What is interesting is the consistent growth between 73k and 80k from Wednesday, the 6th, to Sunday, the 10th.
Change in character of bitcoin from its buying OB on hourly TFBTCUSDT has taken support from its buying order block(66800 - 67000) on its hourly timeframe and has broken its structure and also changed its character with a volume candlestick , and it can also retest its FVG (68080-68220), i have planned long position in BTCUSDT from 68220 with a small stop loss of 67830 with a single target of 71630
BTCUSDT Analysis: Bullish Momentum and Key Support ZonesBTCUSDT is currently trading around 75,740 USDT after a recent bullish push, suggesting strong upward momentum. The chart shows clear support zones (highlighted in purple) that Bitcoin could revisit in case of a pullback, specifically around 74,000 USDT and 72,500 USDT.
If BTC holds above these support levels, it could gain further traction to reach new highs, with targets in the 78,000 USDT - 80,000 USDT range. The current trend suggests that if Bitcoin retraces and tests the support, it could present a buying opportunity for traders looking to join the next potential leg up.
Keep an eye on these critical levels, as a break below the 72,500 USDT support might indicate a shift in trend. However, for now, the bullish scenario remains intact, with promising upside potential if buyers continue to dominate.
Bitcoin (BTC): technical and fundamental analysis📈 Technical analysis BTC/USDT
The Bitcoin price has reached a new all-time high (ATH) following Donald Trump's victory in the U.S. presidential election. This price movement has fully validated the scenario outlined in our previous analysis. Now we expect a correction of the latest growth wave in the near future. Key targets for this correction could initially be the dynamic support levels at EMA 50 and EMA 200. The first 1H Imbalance zone is near EMA 50, where gaps on the horizontal volume levels need to be filled through trading consolidations. If sellers manage to push through the 70,000 support level, where the EMA 200 line also lies, we anticipate the start of a full correction of the November growth. In this scenario, the price may drop to the next 4H Imbalance zone, situated between the 0.61 and 0.78 Fibonacci retracement levels, where corrections typically conclude and a reversal occurs.
For BTC to continue its upward trend, it needs to surpass the 77,000 level, which would open the path for a test of the significant resistance block at 80,000.
📉 Bitcoin market global analysis
On the daily logarithmic chart, it’s crucial for Bitcoin’s price to hold above the 70,000 level with a weekly close to support continued growth. Otherwise, BTC may face a correction. This is further indicated by the beginning of a divergence on the RSI indicator, which has been in the extreme overbought zone for an extended period.
What are Bitcoin’s long-term growth targets?
Above the current ATH, there are no resistance levels based on historical data. To determine growth targets, we’ll rely on trend lines, Fibonacci extension levels, analysis of large order block clusters in order books, and, of course, indicators.
According to the MVRV Deviation Pricing Bands indicator, the next target for Bitcoin is 85,000, where the first Fibonacci extension level of 1.23 is also located. In the 90,000 - 100,000 range lies a global trend line constructed from the peaks of Bitcoin’s previous two cycles, aligning with the 1.38 Fibonacci extension level. The highest trend line, situated between the 1.61 and 1.78 Fibonacci levels, could be tested starting from the 100,000 level.
💠 Analysis of liquidity zones and levels
The Fear and Greed Index is in the Greed Zone - 75.
The total capitalization of the cryptocurrency market has grown to $2,531 billion, and the Bitcoin Dominance Index has increased to 59.73.
According to the analysis of the accumulation of large order blocks in the order books, the largest blocks are at levels 77,000 and 80,000, and the supply and demand zones are located at the following levels:
🟢 Demand zone: 50,000 - 70,000
🔴 Supply zone: 80,000 - 90,000
Levels for long positions:
70,000 - psychological support level
65,000 - large support block
60,000 - large support block
Levels for short positions:
77,000 - large resistance block
80,000 - largest resistance block
90,000 - 100,000 - ascending trend line of resistance
📊 Fundamental analysis
Bitcoin-Based Spot ETFs Set a New Record. On November 7th, Bitcoin (BTC) spot ETFs reached a new milestone, attracting $1.38 billion in a single day—the largest daily inflow since their launch in January. This record-breaking inflow was fueled by Donald Trump's victory in the U.S. presidential election, as many investors believe his re-election will positively impact the crypto industry. Another factor driving Bitcoin’s growth was the recent decision by the U.S. Federal Reserve (Fed), which lowered the key interest rate by 25 basis points during its latest meeting.
What Changes Are Expected in the Crypto Community After Donald Trump's Victory:
- Bitcoin could become one of the strategic reserve assets of the U.S.;
- Token classification systems may change, with most cryptocurrencies likely to be considered commodities rather than securities;
- Crypto investors might enter the market more actively;
- Banks could gain more freedom to provide services to crypto startups and interact openly with the crypto industry;
- Spot exchange-traded funds (ETFs) based on Solana (SOL).
🌐 Upcoming Events in the Global Economy
We expect increased volatility in both stock and cryptocurrency markets on the following dates:
➤ 11/13, 4:30 PM - US Consumer Price Index (CPI) for October.
➤ 11/14, 11:00 PM - Fed Chairman Jerome Powell's speech.
➤ 11/27, 4:30 PM - GDP data (q/q) (Q3).
➤ 12/18, 9:00 PM - New Fed interest rate decision.
➤ 01/29/2025, 9:00 PM - New Fed interest rate decision.
📈 Statistics of signals from our AI trading indicator:
In October 2024, the Bitcoin price continued to recover its positions, thanks to positive expectations from the US elections and further reduction in the key interest rate of the Fed.
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: + 41.89%
Maximum price movement: + 13.77%
Average price movement: + 7.58%
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:
XAUUSD | BTCUSD | MAJOR PAIRS | WEEKLY ANALYSIS | 09 NOV | HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
11.07 Whale Index (note this section)Hello, I'm Whale Signal
Bitcoin Continues Bullish Flow After Trump's Recent Reelection Success, Stretching Higher
We'd like to look at RBI from a short-term perspective at our current position
Bitcoin Is Already Up Significantly, But Here's How Long Short-Term Wave Will Continue Based on Two Scenarios
The progress of short-term waves and two approaches
Currently, Bitcoin is uncertain whether the short-term bullish wave, which started at 66.8K, has progressed to wave 5
In this regard, I will divide the following two cases into strategies
1. If the short-term 5th wave has been completed
If the current short-term upward wave is a five-wave finish, we plan to focus on the "purple whale indicator" in the adjustment section
The purple whale indicator overlaps with the Fibonacci 0.382 section of this rising wave, and if the flow defending the section (a bottom-tail type candle or settling flow) is confirmed, we will proceed with the sale from a long perspective
However, in situations where the purple whale index deviates from the purple whale index, if it settles down the purple whale index again rather than from a short perspective, we will explore a long opportunity again in the retest or pressing position
Short term wave 5 is in progress
If wave 5 is still in progress, we are expecting resistance in the top white box section
However, breaking through this section also opens up the possibility of a strong further rise
When these resistance boxes are reached, we plan to recheck the short-term flow and set up more specific RBI (if that section comes, we will proceed with the indicator update again)
Based on the fact that Tether Dominance is open to "4.4-4.6", the possibility of a current five-wave progression cannot be ignored
-If Wave 5 Ends: Checks For Adjustability Near Purple Whale Indicator, Looking To Long Entry If You See Support And Bounce Flow In That Section
If we leave, we will wait conservatively until the purple whale surface re-settlement section
-If Wave 5 is underway: We expect resistance in the white box section, but if this section breaks too, there could be further upward momentum, especially as it's a short view in the bull market, so we'll take a more cautious approach
(Rather than a strategy for short, you can get resistance in the white box section when it rises.)
We will continue to watch the situation change and update the analysis in important sections
*I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis*
*For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below*
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1. The whale indicator simply points to support and resistance
2. Please refer to the whale index to find a trading RBI suitable for your analysis
3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy
4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistance
WHAT IS BREAKER BLOCK?What is a Breaker Block?
A breaker block often forms following a significant consolidation phase, where price gathers liquidity at both support and resistance levels. This action traps buyers and sellers on either side, creating a pool of liquidity that fuels the market for a strong breakout or breakdown. During this move, any imbalances, like an unfilled Fair Value Gap (FVG), are typically left unaddressed as price moves swiftly in one direction without a retest.
While these imbalances may remain unfilled in the immediate move, they could be filled at a later point when price returns to those levels.
Thank you all for your amazing support! Reaching 150 followers is just the beginning. Please like, follow, and comment if you found this helpful! 🙏
BTCUSDT: Long-Term Upside Despite Short-Term Dip ?BTCUSDT Holds Steady in a Downtrend – But Long-Term Growth Still in Sight
BTCUSDT is currently trading around 68,045 USDT, continuing its downward trend. However, in the bigger picture, the coin remains within an ascending channel, hinting at the potential for future gains.
From a technical perspective, I’m watching closely for a buying opportunity as the price approaches the lower boundary of this parallel channel.
What about you? Do you see the same potential setup?
Bitcoin to $80,000 in few days! YES or NO?Bitcoin looks very bullish! 🚀📈😍
Bitcoin has succesfully brocken the upper trendline that it was following for last many weeks!
Today it has finally restested the trendline and made a huge GREEN candle. It's a very bullish sign for Bitcoin and the whole crypto market as US President election is over now. It will touch the milestone of $80,000 within just few days even before the election result get announced. If Donald Trump gets elected then Bitcoin will sky rocket to $100,000 this month 😍🚀🚀🚀
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What's your view on this? Comment your opinion down below 👇👇👇 BINANCE:BTCUSDT
HOW TO TAKE TRADE IN UPTRENDAs we analyze the price movement, we observe a consistent pattern of higher highs without any break of structure (BOS) on the lows, indicating a clear uptrend. After a BOS, an optimal entry point may emerge at strategic retracement levels, such as 0.5, 0.618, or within a Fair Value Gap (FVG) or Order Block.
Detailed Breakdown:
Current Trend: Price consistently moves upward, forming higher highs. Without breaking key lows, it signals the strength of the ongoing trend.
Entry Strategy After BOS: Following a break in structure, look for retracement points such as 0.5, 0.618 levels, FVGs, or established order blocks. This approach aligns with seeking high-probability entries with potential for significant returns.
Sell Setup Logic:
Why Not to Sell: Although we observe the price hitting minor order blocks post-BOS, attempting a sell in an uptrend goes against the primary trend logic. Major lows remain intact, meaning that downward moves here are only temporary pullbacks.
Optimal Setup: We wait for the price to approach a major order block, ideally near a retracement point, which provides a higher probability of continuation.
Confirmation for Buy:
Once price reaches the major order block and begins reversing, look for confirmation through a bullish engulfing candle on a lower time frame.
Place a stop-loss at the swing low and target buy-side liquidity to capture the maximum potential of the setup.
Multi-Time Frame Analysis:
Multi-time frame analysis is essential for precision. Analyzing across different time frames provides insights into minor and major trends, allowing you to confirm entry points and enhance trade accuracy.
For more insights on high-probability trade setups, follow and engage with our content.
BTC TRADE LOGIC 4TH NOVGold Trade Recap: Order Block, Break of Structure & FVG Entry
In this trade, we observed gold struggling to create higher highs at a key order block. The price demonstrated a change of character by breaking structure and making a lower low, signaling a potential shift in trend.
Trade Setup and Execution
We patiently waited for a retracement and noted strong rejection at the Fair Value Gap (FVG) zone. This entry offered high confluence, as it aligned with our strategy. Target profit was set at the 4-hour resting liquidity level, providing a clean 6.5R trade with zero drawdown—a highly efficient setup.
note: trade was entered only once i had 15,5,3 min time frame confirmation
If you'd like live updates and entries, please follow, like, and comment. Once we reach 500 followers, I’ll post all trades live to help you learn in real-time.
BTC ANALYSIS 4TH NOV 2024"📈 Bitcoin Market Analysis 📉
Currently, BTC needs to decisively break the order block and retrace before long setups become viable. For a short setup, a significant breakdown of the major order block is essential. BTC is facing resistance at recent highs and struggling to establish new peaks.
💡 Reminder: With the U.S. elections tomorrow, we may experience heightened market volatility. Exercise caution in your trades.
🔔 Don't forget to Like, Follow, and Comment for more insights!
24.11.04 Whale Index (up $2,400!! Was it accurate again??)Hello, we're Whale Signal
First, let's review the previous analysis
Previously, I uploaded a whale indicator to TradingView and informed you that if Bitcoin is located in a major supporting section, and this section is re-formed into a supporting section, we can expect further upside
As a result, there has been a trend of exactly $2,400 rise since then, and those who have used whale indicators seem to have made a significant return
Congratulations to those who made profits
Since then, the price has fallen again, but a positive profit structure would have been possible if you had set up the anti-profit half-currency well (to secure some profits and stopros)
In addition, we believe whale indicators showed good flow again this time, as the closing bar breakout and retest continued and the short position entry opportunity was provided in the fall breakaway structure
Now I'm going to talk about the current point of view
The current section is once again considered an important support section
If time rod seating is confirmed in this section consistent with where previous whale indicators were formed, entry may be considered when retesting or pressing of the candle body section occurs (personal perspective)
In addition, an upward break through the all-high point segment based on Dow theory is expected to increase the likelihood and reliability of it
However, if you leave the purple whale index again, you should also consider short withdrawal
However, as the U.S. presidential election is scheduled tomorrow, please respond briefly and thoroughly manage the risks
*I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis*
*For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below*
<>
1. The whale indicator simply points to support and resistance
2. Please refer to the whale index to find a trading RBI suitable for your analysis
3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy
4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistance
BTC SHORT 3RD NOV 2024Bitcoin is struggling to break above key highs on the 15-minute and higher time frames, indicating possible weakness in momentum. It recently rejected from a demand zone, broke through a minor support, and gave a solid rejection from a fair value gap (FVG) on lower time frames.
This rejection could be an early signal of further downside. I'll be watching closely to see how this setup unfolds.
👉 Like, Follow, and Comment if you’re tracking BTC with me and share your thoughts on the next move!
Bitcoin to $64,000 and then to $54,000? Comment belowBitcoin is following this trend line as drawn on the chart. if it breaks the support line at $64,000 it can dump upto $54,000.
What is your view on this? Comment down below
BINANCE:BTCUSDT
BTC ANALYSIS 3RD NOV 2024BTC Analysis
In the 1-hour timeframe, BTC has not been respecting the smaller order blocks, which is why I've highlighted a major demand area on the 4-hour timeframe as a possible reversal point. The 4-hour chart shows BTC forming consistent lower highs without breaking any recent highs, indicating a downtrend.
Key Observations:
Imbalance Filled: All imbalances on the upside have been filled, so we need clear confirmations for potential setups.
Long Setup: Watch for a break of the order block, followed by a proper retest. This confirmation can provide a safer entry for longs.
Short Setup: For shorts, wait until BTC breaks the demand zone and retests it for confirmation.
BTC previously broke a trendline, trapping sellers before reversing upward. Be mindful of similar fakeouts. Ensure strong confirmations on the retest before entering any trade.
Confirmation Tips:
Use 15-minute (or higher) timeframes for minor confirmations.
Watch for BTC to potentially find support here or fall from the order block—trade cautiously.
If this analysis helped, please like, follow, and comment!
BTC USDTBTC has taken a resistance from its all time high and we may see it coming towards 67000 levels and if it is not respected we may further see a fall upto 60000. Due to US Elections crypto market is highly volatile and market has anticipated it and we may see sideways market for few more trading sessions. Crypto's future is all now depends on US Elections result.
TP DONE BTC NOV 3RD 2024"Yesterday, I shared a BTC analysis with a potential downward move, backed by a clear trade setup. The trade played out as anticipated, netting an impressive 12R profit—an amazing result! 📈🔥
If you followed along, congrats on the profits! For those who find value in these analyses, please like, follow, and comment to stay updated. When we reach 100 followers, I’ll continue to share more high-RR setups like this. Let’s make this journey pro together! 💪🚀"
BTC SHORTING IDEA 2ND NOVTrade Analysis:
5-Minute Order Block Rejection: Noticed a clear rejection in the 5-minute order block, indicating potential downside pressure.
Minor Support Break: Confirmed entry after the minor support was broken, suggesting bearish continuation.
BTC Trend Confirmation: BTC remains in a clear downtrend, unable to break previous highs, further supporting a bearish sentiment.
Risk Management: Only 50% capital allocated for this trade to control risk. If the price breaks below the next order block, there’s potential to capture significant points on the downside.
💬 Like, follow, and comment if you find this analysis helpful!
BTC ANALYSIS 2ND NOV 2024"BTC has filled the upper imbalances and dropped back to a 1-hour demand zone. On the 4-hour timeframe, there’s a significant demand zone where price could head next. Given that BTC hasn’t broken any recent highs on the higher timeframe and has filled these imbalances, it appears likely to continue breaking lows and reach the 4-hour demand zone.
For a potential long, we need to see a break above recent highs as marked, while for a short, BTC should break below the minor order block. Always wait for the 15-minute and 1-hour candle closures to confirm, and look to enter on the retracement—avoid entering prematurely.
For more trade insights and analysis, please like, comment, and follow. Your support is greatly appreciated!"