TRILLION DOLLAR BITCOIN - No, It's Not Clickbait...To begin with, it's crucial to emphasize that this approach differs significantly from Elliott Wave analysis. Utilizing the AriasWave methodology involves years of observation and ongoing pattern analysis, making it distinct from conventional techniques. This video may seem out of the ordinary for this channel, as I've consistently held a contrarian view on Bitcoin since its inception.
By conducting a comprehensive analysis across various cryptocurrencies and concentrating on those that exhibit unique characteristics, I've formulated certain assumptions that have the potential to challenge conventional thinking using straightforward logic. This reasoning is rooted in distinguishing between impulsive moves and corrections. When a correction expands by a remarkable 200 million percent, it signifies an unusual occurrence with implications that extend into various aspects of daily life.
I don't believe we are immune to hyperinflation solely due to the existence of central banks. Instead, I perceive central banks as akin to an inebriated driver behind the wheel, with monetary policy as their preferred intoxicant. To illustrate, using the analogy of a central banker, it appears that when your only tool is a hammer, everything tends to resemble a nail. In response to every crisis, the singular tool employed is more Quantitative Easing (QE). While this type of inflation has been a persistent issue, much like the boiling frog analogy, the market seems to be reaching a critical point.
I encourage you to assess the content for yourself, bearing in mind that every posted comment endures indefinitely. Your efforts on this channel will yield lasting results, so, as always, conduct thorough research and refrain from seeking confirmation of preexisting biases if that's your inclination.
Bitcoin (Cryptocurrency)
BTC is going to see 36K as the first target!Hi dear traders,
As we said in our last analysis on BTC, There is a need to correction for Bitcoin and this price falling is natural.
Everything is explained in the video, See my previous analysis on the BTC too, It helps you to understand current market situation.
Be free to ask your questions in the comments, Best regards, Zargar.
Did I Make a Big Mistake?Traders,
In this week's roundup, I'll cover Bitcoin, where I see it finding support and what my current perspective of future Bitcoin price action looks like. Plus, I'll take a look at a few of my recent altcoin trade entries. What was I thinking? Did I make a mistake? Let's look at the charts and discuss.
Timestamps:
00:00 Intro
02:00 Bitcoin TA
11:37 Altcoin Trades
Bitcoin's Pivotal Moment: Crucial Support Level Analysis📊🚀 Bitcoin's Pivotal Moment: Navigating the Crucial Support Level - A Technical Analysis Deep Dive 💹🧭
Hello everyone! In today's TradingView idea, we're delving into Bitcoin's current trajectory, especially as altcoins experience sharper declines. We'll focus on Bitcoin, as it's showing some unique behavior amidst market uncertainties.
Bitcoin at a Crossroads: The Big Rejection and Whale Dynamics
Bitcoin recently faced a significant rejection at a major support level, a point I've emphasized in numerous analyses. The concept of "buy the rumor, sell the news" is pertinent here, especially in the context of whale behavior. This pattern has led to Bitcoin oscillating between a potential breakout and lateral movement.
Failed Breakouts and SEC Impacts
Contrary to previous tendencies, I've shifted from a bullish to a bearish stance on Bitcoin. Recent developments involving the SEC and ETFs have failed to catalyze a breakout. This, coupled with Grayscale's ongoing Bitcoin offloading, presents a nuanced market picture.
The Fibonacci Perspective and Support Levels
Applying Fibonacci analysis, we notice key rebounds at the 0.38 level, indicative of potential future movements. However, we must also consider the 0.618 Fib level for a comprehensive view. Currently, Bitcoin hovers around a critical Fibonacci level, hinting at potential rebounds or further declines.
Channel Analysis and Price Predictions
Examining Bitcoin's movement within a massive channel provides insights into potential support levels. Should Bitcoin break below these levels, a drop to as low as $31,000 could be on the cards. However, based on fundamentals and easing selling pressure, there's a rationale for a bullish stance between current levels and $39,900.
Target and Caution
The immediate target lies in the $48,000 to $49,000 range, serving as a resistance cluster. However, we must remain vigilant, acknowledging the possibility of a significant downturn if key levels are lost.
Closing Thoughts
In conclusion, Bitcoin is at a critical juncture. While the potential for an upward breakout exists, we must prepare for volatility and possible lower dips. My analysis leans towards a bullish outcome, with an 82% likelihood of avoiding a drastic fall.
One Love,
The FXPROFESSOR 💙
SEC Greenlights ETF but Breakout failed! / Be Aware!!! 🎉 ETF Approval: A Cause for Celebration or Concern in Crypto?
Hello, traders! Today's update comes with a blend of excitement and a touch of caution. 🎭 The long-awaited ETF has been approved, slicing through the SEC's comedy of errors. Yet, amidst the celebrations, a sentiment poll reveals a split view: 32% are elated 🚀, 42% content but expected more 😐, and I'm with the 19% feeling a twinge of disappointment 😔. Let's dissect the chart and today's happenings to understand why.
📉🚦🤔 The Missed Breakout: Bitcoin's Resistance Conundrum
Despite the bullish news, Bitcoin failed to rally past the crucial support/resistance level. This yellow line isn't just any marker; it's the one I've been spotlighting since January 2023. 🎯 It's where Bitcoin's fate hangs in the balance.
🔍 Technical Analysis: Seeking Direction in the Crypto Winter Aftermath
Our journey through the crypto winter revealed strong buy signals at $16K, $20K, with a confirmation dip at $24K, offering numerous chances to go long. However, with the ETF news failing to push us beyond the pivotal level, it's time to ponder – are we gearing up for a major breakout, or is it wise to 'sell the news'? 🤔
📈🚦 Strategic Outlook: Navigating the Crypto Seas
Here's the strategy moving forward:
Buy the Breakout: If Bitcoin ascends over $48,200, it's a green light. ✅🚀
Sell the News: If it lingers under FWB:48K , caution is your best ally. 🛑📉
🔁 Shifting Focus: Ethereum's Emerging Narrative
Switching focus to Ethereum, the ETH/BTC chart hints at a shifting tide in altcoins, while Bitcoin dawdles at resistance. Whale psychology suggests that altcoins like Ethereum and Cardano could diverge from Bitcoin's path.
🔮 Anticipating the Halving: A Glance at Historical Patterns
In anticipation of April's halving, historical patterns imply we could witness Bitcoin soar to the $100K-$300K range. Yet, for now, the prudent move is to wait for a decisive breakout above $48,200 or brace for potential retracements to $42,800 or even $40,000. 🧐
🌐 Macro Perspective: The Bigger Picture in Crypto Dynamics
Keeping an eye on the macro scene, interest rates, and institutional moves post-ETF will be crucial. Remember, the market typically leads the news by six months. As we navigate these choppy waters, stay sharp and prepared to capitalize on both breakouts and pullbacks. 📊
🔔 Final Thoughts: Staying Ahead of the Curve
Just how we did Here and Here and Here and Here
One Love,
The FXPROFESSOR 💙
BTC - Top-Down Analysis 📹 from Weekly to H4Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin : Why the ETF News is BEARISH for BTCHi Traders, Investors and Speculators of Charts📈📉
The Bitcoin ETF approval is expected to be announced any day now - but wat does this mean for the price of BTC?
When there's an unprecedented event that will affect the markets, it's helpful to return to the basics:
👉 Buy the rumor, sell the news
👉 Macro Analysis
👉 Candlestick analysis
👉 Buy the rumor, sell the news
If the ETF should be declined (which seems unlikely), the price will definitely react negatively. But if the ETF is approved (as most widely anticipated), the price will likely also drop as the classic dump after good news.
👉 Macro Analysis
Bitcoin is due for a correction / pullback. Even dropping to lower 30K zone would still be a lower high, classic Elliot Wave Theory before the next upwards impulse wave.
👉 Candlestick analysis
BTC has made 5 consecutive green candles in the MONTHLY. A red one is definitely overdue. This will support as a "fundamental reason" for the ETF news.
NOTE that I am still BULLISH on BTC. We're in the opening moments of a new bullish cycle, but there are pullbacks and corrections in upward cycles - and I'm expecting one around the time of the ETF news.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:BTCUSDT
Crypto stocks & Bitcoin slaughtered!Stocks like Coin, Mara, MSTR all got s=demolished this week on the back of BTC having a 11% pullback from highs.
Bitcoin is forming a weekly reversal candle that is extremely bearish.
This candle could indicate a near term top in the crypto market.
If we get a weekly hammer reversal expect a 50% retrace on the bearish candle, this means some crypto stocks could be in for a dead cat bounce.
Bitcoin near term top!Bitcoin saw a nasty Daily topping tail on volume.
So far it appears the ETF news is a sell the news event.
Despite BTC selling off slighlty the decline really wasnt all that bad respectively.
Compared to some of the equity market signals we got in the crypto stocks today. The likes of Coin, Mara, MSTR, WULF, RIOT...all saw some nasty daily reversal signals.
The fact that crypto stocks sold off so greatly its showing the most speculative investors are getting cautious around this Bitcoin resistance level.
SEC Manipulates Bitcoin with Fake ETF Approval News-Intentional?Trigger Warning: This video may offend those who are religiously dogmatic in their political affiliations. Do not watch if you prefer not to have your gods critiqued.
I had just put out a video earlier this morning warning you all that the SEC and Gary Gensler may pull some tricks out of their hat. A few hours later, the SEC puts out a false tweet, liquidates millions, and claims that their account was compromised for the first time in their X history. Something very much doesn't smell right here folks. But, unfortunately, none of this surprises me. I literally titled another video a few days ago, "Expect the Unexpected". Now, we can see firsthand exactly the type of shenanigans I am referring to in these two previous videos.
The 'SELL THE NEWS' trade that got me the 'FXProfessor' nickname🎉📈 "Bitcoin ETF Buzz: To Sell or Not to Sell?" 🤔💰
Hi everyone!
🌟 Today is a special episode, a special post, and a special idea. First of all, Happy New Year 🎊 to all of you!
We have Bitcoin at 45K, nearing 46K 🚀, prompting us to consider our options.
Is it time to sell the news 🤷♂️💼 with the Bitcoin ETF drawing closer?
The market is rife with FUD 😨, and Jim Cramer's opinions can't be ignored. He suggests that the ETF approval might be an opportunity to sell, but history has often shown his predictions to be off-mark 🙈.
Let's delve into history for guidance 🧐📚. Back in December 2017, during the CME listing of Bitcoin futures, I made a significant sell decision. At that time, I wasn't on Tradingview but shared my thoughts on Facebook, predicting a manipulation in Bitcoin's price post-news 📉🗞️. Indeed, the 2017 all-time highs weren’t revisited for three years, validating my decision 🎯.
Check it:
Now, let's analyze the current scenario 🔍📈. With Cramer hinting at a potential sell opportunity following the ETF approval , it's crucial to scrutinize the charts 📊. I'm leaning towards a 50% chance that the market is poised for an upswing with the ETF's approval
✅📈. However, it’s essential to understand Bitcoin’s seasonality and cycles ⏳🔄. We're currently heading towards a halving year, with the next all-time high anticipated around the end of 2025 📅🚀. This differentiates the current situation from 2017.
My focus is on a key resistance level at $47,071 💹🔑, which will be instrumental in my decision to sell or hold. If this level is breached, we might witness a significant breakout 💥💸. However, should there be a surprise ETF rejection, a fallback to lower support levels is possible 😱📉.
To conclude, while my initial inclination was to sell the news, the current analysis suggests that might not be the most prudent course 🤔💭. Remember, each move in the crypto market requires careful analysis and an understanding of historical trends 🔬📉📈. Stay tuned for more insights and updates!
One Love,
The FXPROFESSOR 💙👨🏫💼
my special 'simple secret chart':
btc weekly 50 and 200ma cross going parabolic (Golden Cross)Sometimes on a weekly chart things can take a little longer to take effect but this alone is going to attract big investor Money
Your average CNN type investor won't put money in anything that's doesn't have the 50 day MA above the 200 day MA
You Can go back in BTC's History and see this a Reoccurring Event that when the Crosses the 200 BIG Price Action Follows
(Phantom) FTMUSDT AnalysisA short foreword. I do believe Bitcoin will come back to retest around the 40k levels. It is currently consolidating in a range with equal lows. Below the equal lows lie a void on the futures chart that has not been filled yet. I'm expecting some sort of manipulation move to the downside then a bounce back up as i'm still overall bullish on Bitcoin for now.
Everything I had to say about Phantom is in the video.
Major Levels Are Now Being Broken in the Altcoin Space!Traders,
In this weekend's video, I am continuing my cautionary tale. You'll remember in my last video that I went all contrarian on you regarding the Bitcoin ETF approvals. I was not necessarily bearish. But I am not necessarily bullish either. I am only observing some indications on the charts that warrant caution. And thus, I stated that we need to be prepared to expect the unexpected. We could be at a mid-cycle top and the whole ETF approval thing could be a sell the news event. Altcoins, now seem to be backing that hypothesis as major support levels are being broken all around. We'll take a look at what I am observing on these charts.