BITCOIN - A detailed Important scenario of what will happen!Anyone who puts 2025 as the end of the cycle is wrong, in my view In this analysis, I will list for you all the next steps, starting from now.
- Altcoins and Bitcoin will rise to 85k, and it will happen from here until the end of June - the beginning of July.... This will coincide with TOTAL3 reaching 900B - 1T.
-There will be a strong correction for the entire market, and Bitcoin will return to 72k and TOTAL3 will return to 700B - 730B. - In the period between August and October, Bitcoin will rise alone, and alternative currencies will begin to rise slightly
- Trump wins the US elections, and remember what he said two days ago regarding cryptocurrencies, and this would bring great positivity to the market.
At the end of 2024 or the beginning of 2025, Bitcoin will reach 125k - 150k, and that will be the peak of that cycle, and your greed will then reach the sky, but don't take your profits... When that happens, you will find those calling for 200k for Bitcoin, or posts tells 1M for BTC !
Then the following will happen:
- Distribution of bitcoins to ALTS for two or three weeks with great ALTseason...Greed will reach its peak, and I will be attacked and anyone who tells " this is the peak, and you must take your profits and make them 100% cash".
- Then there will be a complete collapse of the market and the American markets, and a decline that will continue for years, and this collapse will be less severe for Bitcoin, reaching areas between 50k - 45k, and most other currencies will disappear completely (90-99% decline).
best regard Ceciliones🎯
BTCUSDT.P trade ideas
Bitcoin - 10% crash is coming, buy at 62k (here's why)Bitcoin is preparing for a pretty significant crash (in June). Why do I think so? We need to look at the previous price action because in May, Bitcoin pumped by 25%. If we take a look at May's price action, we can see that the uptrend created a FVGAP at 62k, and these gaps tend to be filled sooner rather than later. This is, of course, not the only reason why I am bearish.
From the Elliott Wave perspective, Bitcoin finished the first impulse wave (1) and after such move we can expect a corrective ABC pattern because markets always move in waves. In general, a typical retracement for waves (1) is 0.618 FIB and also 0.382 FIB in strong bull markets. The 0.618 FIB overlays perfectly with the mentioned FVGAP, which gives us a pretty solid buying opportunity if the price reaches this level. The next good opportunity is to short Bitcoin on the futures market.
The next reason why I am bearish is this small red trendline. As you can see, the trendline is breaking down, which is, of course, a sign of weakness. This trendline is part of the rising wedge pattern, so it adds to the overall bearishness. Currently, I am bearish, so be careful during the summer as the price action is not the most volatile for Bitcoin during this season.
Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Request Any Instrument - Celebrating 60k Followers on TV !Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🎉 I am thrilled and grateful to announce that we have reached 60,000 followers on this amazing platform @TradingView
Your support, engagement, and feedback have been invaluable in making this possible. It is an honor to be part of such a talented and passionate community of traders and investors.
📌To celebrate together, feel free to request any instrument (crypto, stock, forex...) in the comment section of this post.
I will analyze it as soon as possible and post it as a reply to your comment.
____________________
Your contributions have made TradingView a vibrant and supportive community, and I am proud to be a part of it.
Thank you once again for your support, and here's to many more successful trades together!
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
JUNE ALTCOIN REQUESTDear all,
We're pleased to inform you that we are now accepting coin analysis requests for the month of JUNE 2024.
Submission Deadline: JUNE 5th, 2024
To ensure efficiency and accuracy in our analysis, we kindly ask each member to submit only TWO (2) requests.
Please adhere to the specified format when providing the coin ticker symbol or name, such as ETHBTC, ETHUSDT, or ETHUSD.
This will greatly streamline our analysis process.
Let's work together to navigate the market and uncover potential opportunities.
Our aim is to provide insights for a maximum of 40 Altcoins based on the requests we receive.
You can navigate through our previous alts request here:
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🅱️ Bitcoin Headed To $100,000!!! FOMO! Warning! Must Read!There is no need to panic, cancel any trades nor act fast; there is always time... Did we miss the bullish wave?
It is true that Bitcoin is now showing multiple very strong bullish signals and this is no cause for alarm; Bitcoin being bullish is always good for us and the Cryptocurrency market as a whole. We love Bitcoin/Crypto!
First, the chart:
➖ Bitcoin closed weekly full green and back above EMA10. This means that the bulls are in full control when it comes to the short-term potential. Where the action is headed next.
➖ Next, Bitcoin is trading above $60,000 which is ultra-bullish and this after months of a strong distribution/consolidation phase...
What will happen next?
What happens now?
👉 Yes Bitcoin is bullish and set to move to $100,000 and much, much higher in the long-term but, regardless of the short-term noise, we will see a crash in the coming days.
Bitcoin is likely to produce a lower high, not move higher and retrace to hit new lows before the major bullish wave. This fact doesn't change even though, Bitcoin is bullish!
Thanks a lot for your continued support.
Namaste.
📈 Correction Is Done And BTC About To Hit The New ATH📥 Last Night We Had a Hard Rejection From The Trend Line And It Caused The Dump To The 67k Support Level As a 2.618% PRZ And I Named It As a Wave C Low
📈 Currently Clear Bull Flag Formed At The Chart And The BTC Playing Below It And This Time I Expect a Breakout Toward a 75500$ As a Next Target
👉 Totally By Last Night Dump I Think The Correction Is Over And The BITCOIN Is Ready To Hit The New ATH
Bitcoin is Ready for PUMP to $69,000(at least)Bitcoin is currently moving near the Potential Reversal Zone(PRZ) , the lower line of the ascending channel , and the 100_SMA(4-hour TF) .
In terms of Elliott wave theory , Bitcoin seems to be completing wave C . The correction pattern is Zigzag(ABC/5-3-5) .
In terms of Classic Technical Analysis , Bitcoin is moving in a Falling Wedge Pattern .
I expect Bitcoin to rise to at least the Resistance zone($69,500_$68,820) .
Note: If Bitcoin manages to break the lower line of the ascending channel, we should wait for Bitcoin to attack the support zone ($65,730_$64,180).
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Lingrid | BTCUSDT long term TARGETBINANCE:BTCUSDT made a significant surge on May 20th, and since then, the price has been oscillating within a narrow range zone. As we can observe, the price action is gradually narrowing down, indicating a potential breakout. On the weekly timeframe, an inside bar formation is developing, which suggests that the price may be building up energy for a move. Additionally, on the 1H chart, we see a double bottom formation, which could be a sign of a potential reversal. If the market respects the support level, it's likely that the resistance zone will be tested. The market is also forming higher lows and lower highs, which is characteristic of a triangle pattern. Bitcoin market has a history of reacting positively to this pattern. Given this setup, I expect the current sideways move to continue until we see a clear trend direction emerge. My long term goal is resistance at 80000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Bitcoin is Ready to Fall===>>Symmetrical TriangleBitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle .
We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ).
I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart.
Important Support Zone($69,500_$68,820) : Monthly Pivot Point//Fib Cluster//100_SMA(Daily)//50_SMA(Daily) .
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💎 BITCOIN (BTC) : a Big Move Beyond $70,000? (READ THE CAPTION)With a recent analysis of the #Bitcoin chart in the weekly (logarithmic) timeframe, we can see that the price has once again succeeded in returning above the $70,000 level. As I have mentioned multiple times in recent analyses, I am expecting an explosive move from Bitcoin soon, with targets of $77,000, $85,000, and $100,000, respectively!
Main Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Lingrid | BITCOIN Preparing for NEW Bullish EXTENSIONBINANCE:BTCUSDT remains resilient, finding support at 67,000. As you will notice, a potential bull flag pattern is forming, reminiscent of the previous one. I believe this setup will eventually lead to a breakout and subsequent move higher as the overall trend remains bullish. A consolidation zone is forming just below the channel boundary, hinting at a potential breakout. If the market breaks out of this pattern, we could see new all-time highs. I expect a pullback to support followed by an upward surge that breaks the trendline. Confirmation of the continuation of the bullish trend will occur when the market breaks out of this pattern. My goal is the resistance level 71900.00.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
BITCOIN - Price can start to decline and exit from wedgeHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it reached resistance line and then bounced down to support line.
Price broke $63000 support level, which coincided with support area, but soon BTC made upward impulse.
Thereby price broke support level again and later exited from falling channel too, after which started to trades in wedge.
In wedge, price broke resistance level two times, which coincided with resistance area, and fell to support line.
Then price rose to resistance area, and at once turned around and started to decline to support line of wedge.
Possibly, BTC can reach $69000 level and then bounce down to $64750, exiting from wedge pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BTC - Ready For Some Action?Hello TradingView Family / Fellow Traders,
As per my last analysis, BTC rejected the $60,000 support and traded higher.
What's next?
Scenarios:
1️⃣ Bullish - Continuation
For the bulls to maintain control, a break above the $72,000 resistance is needed.
In this case, a movement towards the $80,000 resistance would be expected.
2️⃣ Bearish - Correction
In parallel, if the last low marked in red is broken downward, we expect the bearish correction to start leading to a movement towards $60,000.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
4️⃣ Interesting Altcoins - Episode 1️⃣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here are 4 Altcoins that I find interesting from a technical analysis perspective:
1️⃣- KUCOIN:DYDXUSDT
DYDX is currently hovering around the lower bound of the rising channel marked in blue.
As long as the $1.8 demand holds, I will be looking for trend-following buy setups on lower timeframes.
2️⃣- BINANCE:MASKUSDT
MASK has been hovering within a big range between $2.5 and $6.5.
For the bulls to take over and start the next impulse movement, a break above the last major high marked in green is needed.
3️⃣- KUCOIN:TIAUSDT
TIA is currently hovering around a massive support and round number $10.
As long as the $8.5 support holds, I will be looking for buy setups.
For the bulls to take over, a break above the last major high marked in red is needed.
4️⃣- BINANCE:ZRXUSDT
ZRX has been overall bullish trading within the flat rising wedge pattern in blue.
For the bulls to take over, and start the next impulse movement, a break above the last major high in red is needed.
Which asset would you like me to include in the next episode?
Let me know if you like this series; your feedback would encourage me to keep it running.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin can rebound up from support line to 71000 level Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price traded near the resistance level, which coincided with the seller zone and resistance line, after which rebounded down to the support level. When BTC fell to the 60200 level, it turned around and rose to the resistance line, but after the price reached this line, it rebounded and declined lower than the support level, which coincided with the buyer zone. But then the price entered an upward pennant and made an impulse from the support line, breaking the support level again and the resistance line. After this movement, BTC corrected move to support line of pennant, after which continued to grow. In a short time, Bitcoin reached a resistance level and even entered the seller zone, where it reached the resistance line of a pennant. But a not long time ago BTC turned around and declined lower than the 71000 level, breaking it again, after which in a short time rose to the resistance line of the pennant. Also, the price rebounded and started to decline, so, in my opinion, Bitcoin can decline to the support line and then rebound up to the resistance level, thereby exiting from the pennant pattern. Therefore I set my target at the 71000 resistance level. Please share this idea with your friends and click Boost 🚀
Bitcoin Analysis(More fall)After Mt. Gox moved $840 million in Bitcoin to a new wallet , Bitcoin started to fall.
Bitcoin has managed to break the lower line of the ascending channel .
According to the theory of Elliott waves , it seems that the next corrective waves have started .
I expect Bitcoin to fall at least to the Potential Reversal Zone(PRZ) .
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
A Practical Guide For Candlestick Patterns!Intraday trading is a method of investing in cryptocurrencies where the trader buys and sells cryptocurrencies on the same day without any open positions left by the end of the day. Intraday traders aim to either purchase a cryptocurrency at a low price and sell it at a higher price or short-sell a cryptocurrency at a high price and buy it at a lower price within the same day. This requires a good understanding of the market and relevant information to help them make the right decisions. In the cryptocurrency market, the price of a cryptocurrency is determined by its demand and supply, among other factors.
Tools such as candlestick chart patterns are very helpful to traders. We will discuss these candlestick charts and offer steps to help you read them.
BTC - Short-term View!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading within the rising channel in blue.
Currently, BTC is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a structure and trendline in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As long as the red support zone holds, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC: Bull Pennant forming! Previously, the price formed an inverse Head & Shoulders pattern and broke the neckline to the upside. Now, it is consolidating in a bull pennant pattern, indicating a high probability of further upward movement. If the price breaks the resistance zone, reaching 80k is likely.
Currently, attention is on the DXY and S&P500. If the DXY continues to decline, a new ATH for both the S&P500 and BTC is expected. Therefore, monitoring the DXY is crucial to anticipate BTC's next direction. For now, the DXY has been declining, so a bullish move for BTC could be imminent!
BTCUSD - Local ShortHey folks,
We have possible short on BTC.
Since we passed Monthly ATR + Price testing upper boarder of the flat.
SHORT ACTIVATION only if price breaks 76 800$ !
$$$$BTCUSDT FORMED BULLISH FLAG$$$$Dear Traders,
We are convening a discussion focused on #BTCUSDT
The Bullish Flag Pattern is Formed
Now it's Ready to Break the Pattern
In Case of Successful Breakout, Expecting a Bullish Move of 20%🚀😉
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bullish on BitcoinHere we have bitcoin price in a accumulation phase and the price is bouncing between 60000 and 72000. However as we can see in the chart there are two support in 67k and 62k tha we can consider as an area end this downtrend.
