BTCUSDBTC my bear market idea last wave C has wave 1 extended impulse wave . we need weekly Regular Divergen Elliott Wave Club by Mr16K6
If it ain't broke...Simple analysis of the last three cycle bottoms. Four-year-cycle theorists will tell you we're right on track for a big bull run to begin at the start of 2024. Each of the last three bear market sell-offs has lasted approximately a year before bottoming out. Followed by a period of consolidation and a retest of the previous support/resistance. That's where we're at right now. If the pattern holds, we should expect to turn resistance back to support by the end of 2023, and begin a new bull run in early 2024. If you're still betting on an >80% retracement from the top, I'm betting you're out of luck. by reeesUpdated 7725
The one and only buy signal you should never ignoreWeekly RSI is approaching 30 again. Historically, this has signaled the cycle bottom . Whether you consider this a 4-year-cycle bottom, or a local bottom within a mega cycle , it doesn't really matter. All that matters is that a bullish reversal is just around the corner, and we likely won't see another buying opportunity like this for a few years. Could price dip again to $25k or $20k? Sure, and I'll buy there too. Either way, we're a hell of a lot closer to the bottom than the top, and that's what this game is all about. I'm stacking all my alt positions and reducing my BTC allocation in favor of alts. Longby reeesUpdated 242494
A Path to ATH 2024dear diary, so a meaningful description. the following is the path to ATH 2020. but wait, etf happens! that form is looking sus, maybe a deeper dive is warranted.by skim221
Bitcoin - Updated buy zoneJust an imaginary count. Of course completely wrong. But if right, altcoins going to 0 again. Not financial advice. - Work of pure fiction and magic Shortby mi_khan111
Important Bitcoin Video Bitcoin last weekly candle closed with a spinning star candle this candle does indicate a change in the trend as a warning sign to what the next candle will print. if the next candle close above the body of the spinning star it could be bullish to come however if it closed below it will be bearish price action with some sideways movement or a sudden drop to the downside. Also take into consideration that the weekly RSI touch 90 and is currently pointing down, this is also a big warning as in Bitcoin 14 years history we only been up here for less then 14 times. Every time we made a new high and touch this level price correct between 30-80%. I will do another video on next week Monday.11:18by WhaleKingpin3
First Correction of 5th Cycle 2024Barebones structure of a correction (BHLD). Analyzed multiple past corrections patterns. Target around $6k if the pennant flag is broken.by skim22Updated 3
🔥 Bitcoin In The Biggest Bull-Run Since 2016? Let's Discuss!Bitcoin has been performing exceptionally well over the last months. This cycle is the first cycle where Bitcoin has made a new all-time high (ATH) before the halving, instead of after. The most likely cause for this are the massive ETF inflows which boosted the price to new highs. Historically, Bitcoin has always peaked in Q4 of the next year after the halving. In this case, it would mean that BTC will peak in Q4 of 2025. Seeing that we're already at 70k in Q1 of 2024, this could lead to some issues. There's a few possible outcomes and explanations that I want to share. 1: This cycle will be similar to 2016 and we will continue to go up in a relatively stable straight line until Q4 of 2025. Bitcoin could reach >300k because of the continued buying power from ETF's. 2: This cycle is outperforming the past cycles, which is not possible due to diminishing returns theory (bull and bear markets will be less extreme). Considering that we "should" top in Q4 of 2025, we will see a long period of sideways/bearish price action in order to get the white line under the blue and purple lines. Top will be in Q4 of 2025, but a lot lower. Think 150k. 3: Diminishing returns theory will hold, but we will top much earlier than Q4 2025. In another analysis that I recently made I discussed the fact that BTC on average tops 40 weeks after a new all-time high has been made. This would lead to a cycle top in Q4 of 2024. With Diminishing returns still in play I'd guess we can top somewhere between 100k-150k. It's going to be interesting to see which historically accurate theories will be broken this cycle, seeing that this is the first time that BTC made a new ATH before the halving. Best case scenario would be a long cycle with a price as high as possible. What is your view on a new ATH before the halving? Which scenario do you deem most likely? Share your thoughts.Longby FieryTrading1616151
BTCUSD 2024 bull run predictionthis is what I expect from BTC to perform like in this 2024-2025 bull run nothing more nothing lessby unusimmortalis0
Btcusd sell confirm signal Bitcoin Price (BTC) Real-Time Live Price Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis. Confirm btcusd sell signal Shortby JohnHarry_7Updated 4
Bitcoin, risingIt looks like after a small retest down to around 66,300 we should see the next leg up into 75 to 77,000Longby Firelitcrypto0
Bitcoin will approach the $79,000 threshold👉By examining the trend in the four-hour time frame, it seems that Bitcoin is forming a harmonic pattern AB=CD, and from Hyman, it is moving towards the goal of completing the pattern, provided that the support interval is maintained in the range of 68065-66720, the rate can reach the resistance of $79130. Increase.❌Longby arongroups10
update. why i was patient and waited for signal (read)knew price have the potential to retrace. and shoot up above previous levels. hence why i was patient and waited to confirmation. watching to see how deep the retracement may be or have a reversal. still keeping in mind my previous levels from previous idea for sell area This Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingViewby kF_pippinright0
Nitcoin next 7 daysSo, as we come to the end of an emotional week for some ( Levergaged traders mostly) , we are beginning to see what could happen next. The Pre-Halving Dip has occured and we need to see maybe how far this Will go. For me, tha Max Drop is to 58K, which is a -20% drop from the High, and is likely to be reached just at the Halving date, while PA sits on that Fib circle. PA has fallen below the 236 Circle ( red) and may struggle;e to brealk back over just yet...but that could happen at any time. The Daily MACD has just turned Bearish and needs to rest to at least Neutral before we can see any significant move higher. The RSI Has Fallen but is not OverSold and so needs to drop further. And Yet, the Bullsh sentiment continues. The DMI is also telling us that a change is required right now. The ADX, (Yellow) is up high and usually, from here, will show a change in trend. And we need to watch the DI + (orange) is that crossed below the 20 line ( dashed limne) that signals Bearish strength All to play for Next 7 daysby Orriginal0
Bitcoin - Possible buy zonesAssuming we are making a B corrective wave (Elliott wave), we have multiple downside targets. If we break below the "C" wave, it can be argued that the top is in for Bitcoin and what we actually have is an impulse to the downside. Not financial advice. - Work of pure fiction and magicShortby mi_khan1
Bitcoin to 60k - Clarification on the Last PostApologies for the multiple posts on the same topic readers. One of my followers kindly pointed out that we had already hit 64.8k and I realized that I had not proof-read my work before sending out. The title of the last post was supposed to say that Bitcoin was headed to 60k not 64.8k. I have corrected this where I can but unfortunately, am not able to correct this on TV. So, since we’ve hit 64.8k already, the projected price trajectory that I meant to describe can be seen in the chart above. Essentially, it is this: we bounce to 69k and create a new lower high, then we drop back down to 64.8k and break it, dropping further to our multi-year support at around 60k. It is at this point the market will have a decision to make. Do we drop further and retest 48k or do we bounce and head towards that 80k target overhead? As long as we remain on the top side of that multi-year support/resistance trendline, my bet is that we’ll hit 80k next. Hope this clarification makes more sense. Best, StewShortby stewdamus5
Bitcoin Heading to 64.8kTraders, Bitcoin is likely to start making daily lower highs this next week. Of course, we have another FOMC meeting coming up which will add a level of uncertainty and possible volatility. I have been hoping for a retrace down to that 64.8k level (ascending multi-year support/resistance) and I think we'll get it. Above I have the proposed path that price might take. Once we have tagged that 64.8k level the question becomes, "What's next?". Remember, we have an 80k inverse H&S target which we have NOT hit yet. And as long as we remain above that multi-year support level, my experience tells me that we'll probably bounce there and continue upwards. However, as always, we have to prepare for the other scenario as well, that we continue down. If we continue down, then likely we'll retest that purple neckline around 48k. And, IMO, that may be one of the last times you'll ever see 48k on BTC again. Even with the looming U.S. recession/depression that should begin sometime this year (and it will be bad), I see Bitcoin holding it's ground and remaining relatively strong overall against other asset classes. Best in all your trades, StewdamusShortby stewdamusUpdated 331
Bitcoin on it's way to correct before bull run Looking at Bitcoin we will see larger correction after the surge towards higher levels due to ETF hype and inflows. The levels I'm watching. Confluence on the third level is high and Bitcoin needs more liquidity before reaching peak. by Flying_Dutchman_690
Oscillatory trend obliquity Expertly a sharp fake reversals off trendline only to forge a geeen engulf Longby Rawkz1
BTC UPDATE As we can see BTC has distributed to push the price lower so smart money can re-accumulate and go higher after they have shaken out the weak hands!Shortby ALTCOIN_BEAST224
BTC UPDATE- As we can see the market Distributed, to then accumulate and move up higher, followed by manipulation of lows and re-accumulation.by ALTCOIN_BEAST0