Bitcoin
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Bitcoin’s Breakout Blueprint: $84K in Sight – Are You Ready?
The $BTC chart is currently presenting a textbook example of a Break of Structure (BoS), signaling a potential opportunity for traders to capitalize on its next big move.
Pattern Recognition: White Box Similarities
Zooming into the chart, we observe two key white box zones showcasing similar price action and structure. These zones represent a consolidation phase followed by a breakout. Historically, this pattern has led to significant upward momentum, as seen in previous cycles.
1. The First White Box:
Earlier in the cycle, Bitcoin displayed a similar consolidation phase, leading to a breakout and rally.
2. The Current White Box:
The current structure mirrors the earlier phase, suggesting that Bitcoin might be gearing up for another strong upward move.
Key Levels to Watch
• Support Zone: $84K is a potential bottom target based on structural analysis.
• Breakout Point: A confirmed break above the consolidation zone could signal the next leg up.
Why the $84K Target Matters
This level aligns with the half-wick fill strategy and previous price action, making it a critical area for potential reversal and accumulation.
Strategy for Traders
• Buy the Break of Structure: Monitor closely for a breakout from the current consolidation zone.
• Risk Management: Place stop-losses below key support levels to protect against downside risk.
• Patience is Key: Wait for confirmation of the breakout before entering positions.
Bitcoin’s price action continues to follow historical patterns, offering opportunities for those who can read the signs. With a potential move to $84K in sight, now is the time to stay vigilant and prepare for the next big move.
#BTC #Bitcoin #CryptoTrading #BreakOfStructure
Pattern Recognition: White Box Similarities
Zooming into the chart, we observe two key white box zones showcasing similar price action and structure. These zones represent a consolidation phase followed by a breakout. Historically, this pattern has led to significant upward momentum, as seen in previous cycles.
1. The First White Box:
Earlier in the cycle, Bitcoin displayed a similar consolidation phase, leading to a breakout and rally.
2. The Current White Box:
The current structure mirrors the earlier phase, suggesting that Bitcoin might be gearing up for another strong upward move.
Key Levels to Watch
• Support Zone: $84K is a potential bottom target based on structural analysis.
• Breakout Point: A confirmed break above the consolidation zone could signal the next leg up.
Why the $84K Target Matters
This level aligns with the half-wick fill strategy and previous price action, making it a critical area for potential reversal and accumulation.
Strategy for Traders
• Buy the Break of Structure: Monitor closely for a breakout from the current consolidation zone.
• Risk Management: Place stop-losses below key support levels to protect against downside risk.
• Patience is Key: Wait for confirmation of the breakout before entering positions.
Bitcoin’s price action continues to follow historical patterns, offering opportunities for those who can read the signs. With a potential move to $84K in sight, now is the time to stay vigilant and prepare for the next big move.
#BTC #Bitcoin #CryptoTrading #BreakOfStructure
A #Bitcoin user has mistakenly paid an outrageous 8.18 Bitcoin ($808,564) for a single transaction, paying over 98% of the intended transfer amount on fees.
In today’s Bitcoin news, an unlucky user has paid one of the highest Bitcoin transaction fees in history. Per data, he accidentally spent 8.18 BTC ($808,564) on a single transaction.
Transaction Details
Whale Alert drew the crypto community’s attention to the outrageous fee. The on-chain tracker tweeted that a user had just spent 8.18 bitcoin on a single transaction.
Further analysis from Mempool shows that the wallet “bc1qdf” made the blunder on Thursday by 20:27 (UTC). The address moved 0.142 BTC ($14,042) to two addresses for a staggering 8.18 BTC ($808,564) transaction fee.
Mempool shows that the wallet overpaid the transaction cost by 98,720 times the average gas fee on the Bitcoin network. Furthermore, the fee is the second most expensive in the network, lagging only to a user’s 83.65 BTC ($3.1 million at the time) transfer cost.
Meanwhile, data shows that Foundry Services USA is the miner behind the transaction, which was approved at block height 875475.
At the time of writing, the sending wallet’s confirmed balance is 0.042 BTC ($4,067), indicating that the miner has yet to return the overpaid fees. All indications suggest the user mistakenly paid the outrageous fee, but this remains unconfirmed at press time.
#Cryptonews
In today’s Bitcoin news, an unlucky user has paid one of the highest Bitcoin transaction fees in history. Per data, he accidentally spent 8.18 BTC ($808,564) on a single transaction.
Transaction Details
Whale Alert drew the crypto community’s attention to the outrageous fee. The on-chain tracker tweeted that a user had just spent 8.18 bitcoin on a single transaction.
Further analysis from Mempool shows that the wallet “bc1qdf” made the blunder on Thursday by 20:27 (UTC). The address moved 0.142 BTC ($14,042) to two addresses for a staggering 8.18 BTC ($808,564) transaction fee.
Mempool shows that the wallet overpaid the transaction cost by 98,720 times the average gas fee on the Bitcoin network. Furthermore, the fee is the second most expensive in the network, lagging only to a user’s 83.65 BTC ($3.1 million at the time) transfer cost.
Meanwhile, data shows that Foundry Services USA is the miner behind the transaction, which was approved at block height 875475.
At the time of writing, the sending wallet’s confirmed balance is 0.042 BTC ($4,067), indicating that the miner has yet to return the overpaid fees. All indications suggest the user mistakenly paid the outrageous fee, but this remains unconfirmed at press time.
#Cryptonews
KryptoJohn:
Now he doesn’t also 🥲
💰 Hippie Sold House for Bitcoin—Turned $100k into $30 Million
Back in 2017, Didi Taihuttu made the ultimate gamble. He sold his $100,000 family home and nearly all his belongings to go all-in on Bitcoin. At the time, Bitcoin was trading at just $3,700. His move shocked everyone, with critics calling it reckless and irresponsible. But now? He’s the one laughing.
From $100K to $30 Million: Taihuttu’s all-in investment has skyrocketed with Bitcoin’s rise past $100,000. That initial $100K turned into over $30 million in just a few years.
His timing couldn’t have been better. Bitcoin’s bull runs since 2017 turned this minimalist lifestyle experiment into a multi-million-dollar jackpot.
What’s He Doing Now?
Taihuttu and his family are living nomadically, traveling the world and spreading the gospel of Bitcoin.
He’s reinvesting in crypto and living off the gains, proving that bold bets can sometimes pay off in unimaginable ways.
Could You Do the Same?
You probably won't be able to replicate his success investing in Bitcoin this late but you can always keep your eyes open for a new, incredible opportunity. Taihuttu’s story is one of insane risk and reward. From selling a house to becoming a multi-millionaire, his journey highlights both the potential and the perils of betting big BUT, remember that he could've ended up homeless under a coconut tree. You never know, and that's the beauty and curse about life.
Would you sell everything for crypto? Or is this gamble just too wild?
Let us know your thoughts below and follow @Professor Mende - Bonuz Ecosystem Founder for more!
#Bitcoin #BTC #XRP #Bullrun #Bitcoinprice $BTC $XRP $ETH
Back in 2017, Didi Taihuttu made the ultimate gamble. He sold his $100,000 family home and nearly all his belongings to go all-in on Bitcoin. At the time, Bitcoin was trading at just $3,700. His move shocked everyone, with critics calling it reckless and irresponsible. But now? He’s the one laughing.
From $100K to $30 Million: Taihuttu’s all-in investment has skyrocketed with Bitcoin’s rise past $100,000. That initial $100K turned into over $30 million in just a few years.
His timing couldn’t have been better. Bitcoin’s bull runs since 2017 turned this minimalist lifestyle experiment into a multi-million-dollar jackpot.
What’s He Doing Now?
Taihuttu and his family are living nomadically, traveling the world and spreading the gospel of Bitcoin.
He’s reinvesting in crypto and living off the gains, proving that bold bets can sometimes pay off in unimaginable ways.
Could You Do the Same?
You probably won't be able to replicate his success investing in Bitcoin this late but you can always keep your eyes open for a new, incredible opportunity. Taihuttu’s story is one of insane risk and reward. From selling a house to becoming a multi-millionaire, his journey highlights both the potential and the perils of betting big BUT, remember that he could've ended up homeless under a coconut tree. You never know, and that's the beauty and curse about life.
Would you sell everything for crypto? Or is this gamble just too wild?
Let us know your thoughts below and follow @Professor Mende - Bonuz Ecosystem Founder for more!
#Bitcoin #BTC #XRP #Bullrun #Bitcoinprice $BTC $XRP $ETH
$BTC $BTC
🚀 BTC/USDT Technical Analysis – Eyeing New Highs? 🔥
Bitcoin is currently trading at $97,392.02, maintaining its bullish momentum as it edges closer to the psychological $100,000 mark. The market sentiment remains strong, with buyers pushing prices to higher levels. However, profit-taking near key resistance zones may create temporary pullbacks.
🔑 Key Levels to Watch:
Resistance: $98,000 – A critical hurdle for Bitcoin. A breakout could set the stage for a rally toward $100,000 and beyond.
Support: $96,500 – The level to hold if bulls aim to maintain their dominance.
🎯 Entry Strategy:
Bullish Entry: Wait for a breakout above $98,000 with high volume and momentum. Target $100,000, with a stop-loss around $97,000.
Bearish Entry: If the price shows rejection at $98,000, consider shorting with a target of $96,500, keeping a tight stop-loss at $98,200.
Bitcoin’s next move will be pivotal – can it smash through resistance and make history, or will it face a temporary pause? Keep an eye on these key levels and trade wisely! 🚀
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #CorePCESignalsShift
🚀 BTC/USDT Technical Analysis – Eyeing New Highs? 🔥
Bitcoin is currently trading at $97,392.02, maintaining its bullish momentum as it edges closer to the psychological $100,000 mark. The market sentiment remains strong, with buyers pushing prices to higher levels. However, profit-taking near key resistance zones may create temporary pullbacks.
🔑 Key Levels to Watch:
Resistance: $98,000 – A critical hurdle for Bitcoin. A breakout could set the stage for a rally toward $100,000 and beyond.
Support: $96,500 – The level to hold if bulls aim to maintain their dominance.
🎯 Entry Strategy:
Bullish Entry: Wait for a breakout above $98,000 with high volume and momentum. Target $100,000, with a stop-loss around $97,000.
Bearish Entry: If the price shows rejection at $98,000, consider shorting with a target of $96,500, keeping a tight stop-loss at $98,200.
Bitcoin’s next move will be pivotal – can it smash through resistance and make history, or will it face a temporary pause? Keep an eye on these key levels and trade wisely! 🚀
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #CorePCESignalsShift
🚨 Fake Bitcoin Creator Craig Wright Sentenced to One Year in Prison 🚨
Craig Wright, the man who falsely claimed to have created Bitcoin, has officially been sentenced to one year in prison 🏛️ after being found in contempt of court. This decision follows a $1.2 trillion lawsuit 💸 he filed against Jack Dorsey’s company, Block.$BTC
Wright rose to fame by proclaiming himself as Satoshi Nakamoto 🤔, the anonymous creator of Bitcoin, and claiming he authored the famous 2008 white paper 📜 that established cryptocurrency. However, his claims have been widely discredited ❌.
This year, 2024, has been a groundbreaking year for Bitcoin 🌟, reaching six-figure valuations 💰 and becoming the foundation for the first crypto-based ETF in the U.S. 🇺🇸. Yet, the true identity of Bitcoin’s creator remains a mystery 🕵️.
Jonathan Hough, the lawyer for Block, slammed Wright’s lawsuit as “a desperate publicity stunt to keep his cultish supporters engaged” 🎭. Now, Wright faces the consequences of his actions—a year in prison ⛓️.
#BTCNextMove #Cryptonewss #Bitcoin
Join now @Kaia Chain and get Chance to win 10,000 dollars.
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Wright rose to fame by proclaiming himself as Satoshi Nakamoto 🤔, the anonymous creator of Bitcoin, and claiming he authored the famous 2008 white paper 📜 that established cryptocurrency. However, his claims have been widely discredited ❌.
This year, 2024, has been a groundbreaking year for Bitcoin 🌟, reaching six-figure valuations 💰 and becoming the foundation for the first crypto-based ETF in the U.S. 🇺🇸. Yet, the true identity of Bitcoin’s creator remains a mystery 🕵️.
Jonathan Hough, the lawyer for Block, slammed Wright’s lawsuit as “a desperate publicity stunt to keep his cultish supporters engaged” 🎭. Now, Wright faces the consequences of his actions—a year in prison ⛓️.
#BTCNextMove #Cryptonewss #Bitcoin
Join now @Kaia Chain and get Chance to win 10,000 dollars.
Join now..................join now
One sentence turned everything around:
"We can't own #Bitcoin ."
This news made the $BTC price drop quickly, from $108k to $92k. It feels really hard to see such a big change, but this is how crypto works. The market can move up and down very fast, and surprises like this happen often.
It was a harsh moment, no doubt, and it hurt many people. But don’t lose hope! Remember, "After every hard time, there is an easy time."
Stay strong and believe things will get better soon. Keep going, friends, and don't give up.
"We can't own #Bitcoin ."
This news made the $BTC price drop quickly, from $108k to $92k. It feels really hard to see such a big change, but this is how crypto works. The market can move up and down very fast, and surprises like this happen often.
It was a harsh moment, no doubt, and it hurt many people. But don’t lose hope! Remember, "After every hard time, there is an easy time."
Stay strong and believe things will get better soon. Keep going, friends, and don't give up.
gaga713n:
Like other assets…cest la vie
What is This... $BTC $99,000 Really recover it's lost slowly but continuously ... Finally, Many traders and buyers like me now have some happy time.. Are you guys happy or not..??
Yesterday Market dump freeze our mind... Many got liquidations .. Many are in Big Loss who hold for Long term.. So almost 50% loss recover.. Is it Good sign or still we face more dump.. ? What You think guy's .. Must share your views on Market ..
#Bitcoin soon superpass $100,000 ...
Yesterday Market dump freeze our mind... Many got liquidations .. Many are in Big Loss who hold for Long term.. So almost 50% loss recover.. Is it Good sign or still we face more dump.. ? What You think guy's .. Must share your views on Market ..
#Bitcoin soon superpass $100,000 ...
Sharafatroohani:
BTC is not recovering as fast as should be, I think its not a good sign 🛑.
I am giving all my time to BTC, monitoring is all I am doing.
keep eye on the market.
BlackRock's Bitcoin Explainer Sparks Supply Cap Concerns
A recent educational video released by BlackRock explaining Bitcoin has sparked controversy within the cryptocurrency community. The three-minute video addressed #Bitcoin 's fixed supply of 21 million units, a key characteristic often cited by proponents. However, a disclaimer included in the video has raised concerns. While the narration described the 21 million cap as a hard-coded rule, a subtitle stated that there is no guarantee this limit will remain unchanged.
This disclaimer has prompted speculation among Bitcoin enthusiasts about BlackRock's intentions. Some have questioned whether this statement foreshadows a potential attempt to alter the protocol, possibly through a hard fork that would increase the supply cap. This concern stems from the belief that the fixed supply is a fundamental aspect of Bitcoin's value proposition, distinguishing it from traditional fiat currencies.
BlackRock's significant involvement in the $BTC
market, managing a substantial amount of Bitcoin through its exchange-traded fund, further amplifies these concerns. This influence has brought back memories of the "Bitcoin Blocksize War" between 2015 and 2017, a period of intense debate and conflict within the community regarding the protocol's rules, specifically the block size limit.
The fixed supply of Bitcoin is considered by many to be a crucial element, protecting it from inflationary pressures and potential debasement. Altering this fundamental aspect could significantly impact its perceived value and potentially destabilize the network.
However, some argue that the fixed supply may pose challenges to the network's long-term security. Bitcoin miners, who maintain the network, are compensated through block rewards (newly minted Bitcoin) and transaction fees. The block reward halves approximately every four years, raising concerns about the adequacy of future miner incentives. Some argue that increasing the block size, and potentially the supply, could address this "security budget" issue. Others believe that increased adoption and transaction volume will generate sufficient fees to sustain the network. The long-term viability of Bitcoin's security model remains a topic of ongoing discussion and debate.
This disclaimer has prompted speculation among Bitcoin enthusiasts about BlackRock's intentions. Some have questioned whether this statement foreshadows a potential attempt to alter the protocol, possibly through a hard fork that would increase the supply cap. This concern stems from the belief that the fixed supply is a fundamental aspect of Bitcoin's value proposition, distinguishing it from traditional fiat currencies.
BlackRock's significant involvement in the $BTC
market, managing a substantial amount of Bitcoin through its exchange-traded fund, further amplifies these concerns. This influence has brought back memories of the "Bitcoin Blocksize War" between 2015 and 2017, a period of intense debate and conflict within the community regarding the protocol's rules, specifically the block size limit.
The fixed supply of Bitcoin is considered by many to be a crucial element, protecting it from inflationary pressures and potential debasement. Altering this fundamental aspect could significantly impact its perceived value and potentially destabilize the network.
However, some argue that the fixed supply may pose challenges to the network's long-term security. Bitcoin miners, who maintain the network, are compensated through block rewards (newly minted Bitcoin) and transaction fees. The block reward halves approximately every four years, raising concerns about the adequacy of future miner incentives. Some argue that increasing the block size, and potentially the supply, could address this "security budget" issue. Others believe that increased adoption and transaction volume will generate sufficient fees to sustain the network. The long-term viability of Bitcoin's security model remains a topic of ongoing discussion and debate.
#Bitcoin at $94k now...🔻📈📉 $BTC
After Declined from $108.3k with the its previous Resistance levels, As per Daily Chart Analysis, $BTC last Support level is around $92k to $89k approx. to settle down for some stability points here...
If, it stops here, then it will be here around next 15-20 days upto 5/7th January into Stability of sideways in market this time, and many many chances for moving around $88k to 94k on that time for its their strong support level...
Now, first i check out in next 1-2 days for their stability mark point and also for #CryptoMarket stability, then the actual figure will comes, before that it's an analysis only..!
And, always #DYOR and Trade with #StopLoss in Crypto at this highly volatile situations.
It's also #Write2Earn topic 🙏
After Declined from $108.3k with the its previous Resistance levels, As per Daily Chart Analysis, $BTC last Support level is around $92k to $89k approx. to settle down for some stability points here...
If, it stops here, then it will be here around next 15-20 days upto 5/7th January into Stability of sideways in market this time, and many many chances for moving around $88k to 94k on that time for its their strong support level...
Now, first i check out in next 1-2 days for their stability mark point and also for #CryptoMarket stability, then the actual figure will comes, before that it's an analysis only..!
And, always #DYOR and Trade with #StopLoss in Crypto at this highly volatile situations.
It's also #Write2Earn topic 🙏
AskToRahulSingh:
For long term, always HODL it.. But short term, always follow the market analysis and then decide it after DYOR
Bitcoin ATH 110k is uploading🧐🎯
$BTC
Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin, 📚💡
The outlook for Bitcoin is increasingly bullish, with strong potential for significant price gains and the prospect of reaching a new all-time high (ATH) in the near future. In the short term, a 15% gain is within reach for the first target, supported by key market indicators rather than mere speculation. Rising trading volumes signal heightened investor interest and a growing influx of capital, fueling upward momentum, while improved liquidity ensures smoother trades and reduces price slippage, stabilizing the market. 📚✨
Favorable technical indicators, including bullish chart patterns and solid support levels, further strengthen the case for continued growth. With positive market sentiment and aligned conditions, Bitcoin’s path toward new price targets looks increasingly promising, with even more explosive growth expected as the market progresses toward subsequent milestones. 📚✔
🧨 Our team's main opinion is: 🧨
Bitcoin’s outlook remains bullish, with rising volumes, favorable indicators, and strong market sentiment suggesting significant price gains ahead. 📚🎇
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
📈LONG: $BTC (12H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $97195.00
Market Cap $1924.40B
Change 1h +1.62% | 24h -3.14%
Current Indicators:
• RSI: 44 - Neutral 🟠
• MACD: -118 - Bearish 🔴
• EMA: 100053 - Trading Below 🔴
Analysis:
The chart shows Bitcoin rebounding from a strong support area, with bullish momentum picking up. This trend suggests we’re gearing up for a potential breakout. Previous gains showcase a solid pattern, and my analyses have been hitting the mark consistently.
Price Targets:
Look for Bitcoin to aim for around $110,000 as it pushes past current resistance levels. Keep an eye on the $92,000 support as a safety net. If momentum holds, breaking past $100,000 is within reach soon. Stay tuned for more updates!
Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin, 📚💡
The outlook for Bitcoin is increasingly bullish, with strong potential for significant price gains and the prospect of reaching a new all-time high (ATH) in the near future. In the short term, a 15% gain is within reach for the first target, supported by key market indicators rather than mere speculation. Rising trading volumes signal heightened investor interest and a growing influx of capital, fueling upward momentum, while improved liquidity ensures smoother trades and reduces price slippage, stabilizing the market. 📚✨
Favorable technical indicators, including bullish chart patterns and solid support levels, further strengthen the case for continued growth. With positive market sentiment and aligned conditions, Bitcoin’s path toward new price targets looks increasingly promising, with even more explosive growth expected as the market progresses toward subsequent milestones. 📚✔
🧨 Our team's main opinion is: 🧨
Bitcoin’s outlook remains bullish, with rising volumes, favorable indicators, and strong market sentiment suggesting significant price gains ahead. 📚🎇
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
📈LONG: $BTC (12H)
#BTCUSDT | #BTC | #Bitcoin
Current Price $97195.00
Market Cap $1924.40B
Change 1h +1.62% | 24h -3.14%
Current Indicators:
• RSI: 44 - Neutral 🟠
• MACD: -118 - Bearish 🔴
• EMA: 100053 - Trading Below 🔴
Analysis:
The chart shows Bitcoin rebounding from a strong support area, with bullish momentum picking up. This trend suggests we’re gearing up for a potential breakout. Previous gains showcase a solid pattern, and my analyses have been hitting the mark consistently.
Price Targets:
Look for Bitcoin to aim for around $110,000 as it pushes past current resistance levels. Keep an eye on the $92,000 support as a safety net. If momentum holds, breaking past $100,000 is within reach soon. Stay tuned for more updates!
luckbychance:
quality content
🚨 $BTC DANGER ZONE: Massive Sell-Off Unfolding! 🚨
Bitcoin is trading at $94,906, down sharply from a 24H high of $102,800. Support sits at $94,682, and any breach could see BTC plummet to $93,998 or lower. Resistance remains at $99,011, limiting bullish momentum.
Bearish sentiment dominates—watch for further declines!
#Crypto #Bitcoin #BinanceAlphaAlert #btc
Bitcoin is trading at $94,906, down sharply from a 24H high of $102,800. Support sits at $94,682, and any breach could see BTC plummet to $93,998 or lower. Resistance remains at $99,011, limiting bullish momentum.
Bearish sentiment dominates—watch for further declines!
#Crypto #Bitcoin #BinanceAlphaAlert #btc
pessista e não desista:
BTC is just warming up for the fall... so don't think it will rise, it will actually fall.
In the 2013 cycle, it took 6 weeks of upside into Price Discovery before #BTC experienced its first major correction in Week 7
In the 2017 cycle, it took 7 weeks of upside into Price Discovery before a first major retrace of -34% in Week 8
In the 2020/2021 cycle, $BTC rallied 6 weeks into Price Discovery before BTC's first meaningful pullback of -16%
It's Week 7 right now
#Crypto #Bitcoin
In the 2017 cycle, it took 7 weeks of upside into Price Discovery before a first major retrace of -34% in Week 8
In the 2020/2021 cycle, $BTC rallied 6 weeks into Price Discovery before BTC's first meaningful pullback of -16%
It's Week 7 right now
#Crypto #Bitcoin
Bitcoin $BTC Technical Analysis: The Crash leads to Calm and Then Breakout?
Bitcoin’s price action remains in a critical phase as it hovers between key levels, teasing traders with its potential for a major move. Let’s break it down:
Key Insights1️⃣ 100K is a Psychological Level – Watch Out for Tricks!
The 100K mark is more than just a number; it’s a magnet for emotions. Market makers often use such levels to lure in buyers and sellers before triggering sharp moves in the opposite direction. Stay cautious and avoid falling into the trap.2️⃣ Sideways Movement Between 90K - 110K:
For now, Bitcoin is stuck in a consolidation range. The sideways price action reflects indecision, with neither bulls nor bears taking full control. This range has become a battleground, and a breakout in either direction will define the next trend.3️⃣ Breakout Likely Toward 125K - 130K:
Once the current consolidation phase concludes, the next move could be explosive. A break above the 110K resistance level could send Bitcoin soaring toward the 125K - 130K zone, a critical area to watch for long-term investors.
What to Expect Next?📈 Bullish Case:If Bitcoin can clear the 110K resistance, it would signal strong bullish momentum.A move toward 125K - 130K is likely as buyers step in, fueled by FOMO and strong technical support.📉 Bearish Case:A break below 90K could spell trouble for bulls, potentially dragging the price toward lower support zones.
💡 Pro Tip: Ranges like this are designed to confuse traders. Don’t get caught in false breakouts or breakdowns. Patience is key—wait for confirmation and volume spikes to validate the move.
Final Thoughts Bitcoin is at a tipping point. The 100K psychological level is a critical hurdle, and traders should watch for sustained moves beyond the 90K - 110K range. Whether the breakout comes now or later, one thing is certain: volatility is just around the corner.Are you ready for the next Bitcoin move? Let us know your strategy in the comments! 👇
#Bitcoin $BTC
#BTC #Crypto #TechnicalAnalysis
Bitcoin’s price action remains in a critical phase as it hovers between key levels, teasing traders with its potential for a major move. Let’s break it down:
Key Insights1️⃣ 100K is a Psychological Level – Watch Out for Tricks!
The 100K mark is more than just a number; it’s a magnet for emotions. Market makers often use such levels to lure in buyers and sellers before triggering sharp moves in the opposite direction. Stay cautious and avoid falling into the trap.2️⃣ Sideways Movement Between 90K - 110K:
For now, Bitcoin is stuck in a consolidation range. The sideways price action reflects indecision, with neither bulls nor bears taking full control. This range has become a battleground, and a breakout in either direction will define the next trend.3️⃣ Breakout Likely Toward 125K - 130K:
Once the current consolidation phase concludes, the next move could be explosive. A break above the 110K resistance level could send Bitcoin soaring toward the 125K - 130K zone, a critical area to watch for long-term investors.
What to Expect Next?📈 Bullish Case:If Bitcoin can clear the 110K resistance, it would signal strong bullish momentum.A move toward 125K - 130K is likely as buyers step in, fueled by FOMO and strong technical support.📉 Bearish Case:A break below 90K could spell trouble for bulls, potentially dragging the price toward lower support zones.
💡 Pro Tip: Ranges like this are designed to confuse traders. Don’t get caught in false breakouts or breakdowns. Patience is key—wait for confirmation and volume spikes to validate the move.
Final Thoughts Bitcoin is at a tipping point. The 100K psychological level is a critical hurdle, and traders should watch for sustained moves beyond the 90K - 110K range. Whether the breakout comes now or later, one thing is certain: volatility is just around the corner.Are you ready for the next Bitcoin move? Let us know your strategy in the comments! 👇
#Bitcoin $BTC
#BTC #Crypto #TechnicalAnalysis
DoseOnline:
Great analysis, thanks so much for sharing.
🗞Catch Up On The News Over The Last 24 Hours...!!!
🚀 “All government spending is taxation," says Elon Musk.
📈 US #Bitcoin ETFs record 15 straight days of inflows.
✅ SEC approves Hashdex and Franklin Bitcoin-Ether index ETFs.
🇸🇻 El Salvador adds 11 BTC worth $1M to its reserves.
💴 Metaplanet issues ¥5B in bonds to buy more Bitcoin.
🔄 Bitcoin Reserve Act may end the 4-year crypto boom-bust cycle.
💰 World Liberty Financial buys $2.5M in ETH during the dip.
🏦 El Salvador signals more BTC purchases for its reserves.
📊 Crypto chatter about "buy the dip" hits an 8-month high.
🎨 Monthly NFT sales hit $636.8M, the highest since April.
📉 Bitcoin ETFs see $671.9M in outflows as $1B+ is liquidated.
🌍 Tesla’s market cap hits $1.4T, surpassing 40 largest automakers combined.
⚡️ $1B liquidated—what’s next for crypto?
🧐 Trump’s election could boost private acquisitions, says Cathie Wood.
🇫🇷 France’s BPCE Bank to offer Bitcoin and crypto purchases by 2025.
🔥 Trump-linked crypto assets lose $6.15M in the market downturn.
🚨 USDT must be delisted from EU exchanges by December 30 due to MiCA rules.
#CorePCESignalsShift #BTCNextMove #USUALBullRun #Bitcoin #ARB
📈 US #Bitcoin ETFs record 15 straight days of inflows.
✅ SEC approves Hashdex and Franklin Bitcoin-Ether index ETFs.
🇸🇻 El Salvador adds 11 BTC worth $1M to its reserves.
💴 Metaplanet issues ¥5B in bonds to buy more Bitcoin.
🔄 Bitcoin Reserve Act may end the 4-year crypto boom-bust cycle.
💰 World Liberty Financial buys $2.5M in ETH during the dip.
🏦 El Salvador signals more BTC purchases for its reserves.
📊 Crypto chatter about "buy the dip" hits an 8-month high.
🎨 Monthly NFT sales hit $636.8M, the highest since April.
📉 Bitcoin ETFs see $671.9M in outflows as $1B+ is liquidated.
🌍 Tesla’s market cap hits $1.4T, surpassing 40 largest automakers combined.
⚡️ $1B liquidated—what’s next for crypto?
🧐 Trump’s election could boost private acquisitions, says Cathie Wood.
🇫🇷 France’s BPCE Bank to offer Bitcoin and crypto purchases by 2025.
🔥 Trump-linked crypto assets lose $6.15M in the market downturn.
🚨 USDT must be delisted from EU exchanges by December 30 due to MiCA rules.
#CorePCESignalsShift #BTCNextMove #USUALBullRun #Bitcoin #ARB
𝗕𝗶𝘁𝗰𝗼𝗶𝗻’𝘀 𝗣𝗿𝗶𝗰𝗲 𝗗𝗿𝗼𝗽: 𝗪𝗵𝗮𝘁’𝘀 𝗕𝗲𝗵𝗶𝗻𝗱 𝗜𝘁?
Bitcoin recently fell below $100,000, its biggest drop in over three months. What caused this? The Federal Reserve's latest comments and a broader market selloff played a big role.
Why Did Bitcoin Drop?
Bitcoin had been soaring, reaching $108,316 earlier this week, but the Fed’s hawkish tone and fewer expected rate cuts in 2025 caused a pullback. When interest rate cuts slow down, investors tend to move away from riskier assets like Bitcoin, leading to a 5% drop in its price.
Powell’s Take on a Bitcoin Reserve
Fed Chair Jerome Powell was asked about creating a U.S. Bitcoin reserve, a proposal from President-elect Trump. Powell confirmed that the Fed isn’t allowed to hold Bitcoin and any change would need Congress. For now, it’s off the table.
The Market Reacts
Bitcoin-related stocks took a hit too. MicroStrategy fell 9.5%, while Bitcoin miners like MARA Holdings and Riot Platforms dropped 12-14%. The market’s volatility is clear, and Bitcoin’s price is closely linked to these shifts.
What’s Next for Bitcoin?
Despite the recent drop, Bitcoin is still up 50% since Trump’s election. While uncertainty remains, the push for deregulation and potential regulatory changes could continue to fuel optimism. Bitcoin’s volatility is here to stay, but its future remains promising.
Your Thoughts?
Do you think a U.S. Bitcoin reserve is a good idea, or is the Fed’s stance more practical? Share your thoughts in the comments or join the conversation on social media!
#BTCNextMove #Bitcoin
$BTC
Bitcoin recently fell below $100,000, its biggest drop in over three months. What caused this? The Federal Reserve's latest comments and a broader market selloff played a big role.
Why Did Bitcoin Drop?
Bitcoin had been soaring, reaching $108,316 earlier this week, but the Fed’s hawkish tone and fewer expected rate cuts in 2025 caused a pullback. When interest rate cuts slow down, investors tend to move away from riskier assets like Bitcoin, leading to a 5% drop in its price.
Powell’s Take on a Bitcoin Reserve
Fed Chair Jerome Powell was asked about creating a U.S. Bitcoin reserve, a proposal from President-elect Trump. Powell confirmed that the Fed isn’t allowed to hold Bitcoin and any change would need Congress. For now, it’s off the table.
The Market Reacts
Bitcoin-related stocks took a hit too. MicroStrategy fell 9.5%, while Bitcoin miners like MARA Holdings and Riot Platforms dropped 12-14%. The market’s volatility is clear, and Bitcoin’s price is closely linked to these shifts.
What’s Next for Bitcoin?
Despite the recent drop, Bitcoin is still up 50% since Trump’s election. While uncertainty remains, the push for deregulation and potential regulatory changes could continue to fuel optimism. Bitcoin’s volatility is here to stay, but its future remains promising.
Your Thoughts?
Do you think a U.S. Bitcoin reserve is a good idea, or is the Fed’s stance more practical? Share your thoughts in the comments or join the conversation on social media!
#BTCNextMove #Bitcoin
$BTC
#Bitcoin 💰 (4H)
As predicted✅, just look at the breakdown Dump in Bitcoin📉.
I Hope everyone is safe ❗️ & don't get trapped by market.
IMO, we're still not safe until Bitcoin gets into the ascending channel 📈 again, so it's better to wait ❗️ for the weekly close for major confirmation.
Chill & enjoy weekends🥂, don't get trapped & Just Hold 💰 #btc #bitcoin #ETH #Binance $BTC
As predicted✅, just look at the breakdown Dump in Bitcoin📉.
I Hope everyone is safe ❗️ & don't get trapped by market.
IMO, we're still not safe until Bitcoin gets into the ascending channel 📈 again, so it's better to wait ❗️ for the weekly close for major confirmation.
Chill & enjoy weekends🥂, don't get trapped & Just Hold 💰 #btc #bitcoin #ETH #Binance $BTC
#Bitcoin 💰 (4H)
Bitcoin looks a Bit scary 😳 in the 4H chart, as you can see we had a Breakdown 📉 from the ascending channel pattern in the 4H timeframe.
It's a downtrend, currently the same is retracing 📈 to the channel after the breakdown.
Anticipating a Major dump 🐻 soon in case of successfull retracement✅.
#BTC #Binance #ETH $BTC
Bitcoin looks a Bit scary 😳 in the 4H chart, as you can see we had a Breakdown 📉 from the ascending channel pattern in the 4H timeframe.
It's a downtrend, currently the same is retracing 📈 to the channel after the breakdown.
Anticipating a Major dump 🐻 soon in case of successfull retracement✅.
#BTC #Binance #ETH $BTC
The crypto space witnessed a massive supply dump as the U.S. markets experienced a free fall. Amid the crash, #Bitcoin ’s price fell below $100,000 and tested a crucial level.
With market liquidations surging, bears are firmly in control.
Bitcoin (BTC) Price Analysis
On the 4-hour chart, BTC’s price action shows a bearish breakdown of a long-term support trendline. This breakdown is accompanied by a 4-hour bearish engulfing candle, accounting for a 3.5% drop.
Compared to its recent all-time high of $108,364, Bitcoin’s price has dropped by 10.68%. Currently, the price of a single Bitcoin is $96,796. Amid the crash, BTC registered a 2.77% decline yesterday. Furthermore, the residual bearish momentum led to an intraday drop of 0.60%.
The breakdown rally tests the 200-EMA line on the 4-hour chart. However, as dynamic support holds the free-falling Bitcoin prices, incoming supply warns of a bearish continuation.
Additionally, the 20-EMA and 50-EMA lines on the 4-hour chart have given a bearish crossover, signaling a short-term trend reversal. Even the 4-hour RSI line has entered the overbought zone, reflecting a significant increase in selling pressure.
With market liquidations surging, bears are firmly in control.
Bitcoin (BTC) Price Analysis
On the 4-hour chart, BTC’s price action shows a bearish breakdown of a long-term support trendline. This breakdown is accompanied by a 4-hour bearish engulfing candle, accounting for a 3.5% drop.
Compared to its recent all-time high of $108,364, Bitcoin’s price has dropped by 10.68%. Currently, the price of a single Bitcoin is $96,796. Amid the crash, BTC registered a 2.77% decline yesterday. Furthermore, the residual bearish momentum led to an intraday drop of 0.60%.
The breakdown rally tests the 200-EMA line on the 4-hour chart. However, as dynamic support holds the free-falling Bitcoin prices, incoming supply warns of a bearish continuation.
Additionally, the 20-EMA and 50-EMA lines on the 4-hour chart have given a bearish crossover, signaling a short-term trend reversal. Even the 4-hour RSI line has entered the overbought zone, reflecting a significant increase in selling pressure.
🔈Quick Bitcoin Dominance Update:
Today, Bitcoin dominance reached 60%, causing Altcoins to drop significantly as Bitcoin's price also fell. However, there’s some relief as Bitcoin dominance has started to decrease, now continuously dropping. The next support level for #Bitcoin dominance is at 58.40%, which is positive for a quick Altcoin recovery. Keep monitoring whether Bitcoin dominance continues to drop or reverses and rises.👀
Today, Bitcoin dominance reached 60%, causing Altcoins to drop significantly as Bitcoin's price also fell. However, there’s some relief as Bitcoin dominance has started to decrease, now continuously dropping. The next support level for #Bitcoin dominance is at 58.40%, which is positive for a quick Altcoin recovery. Keep monitoring whether Bitcoin dominance continues to drop or reverses and rises.👀
#Bitcoin is on the rise! 🔥
After the PCE data* came in below expectations, Bitcoin started to rise and the price rose above the $95,000 level. Probability is that the FED will leave interest rates unchanged in January 2025
👉The PCE index is considered by the Fed to be the most accurate measure of inflation.
*personal consumption expenditures data for November were as follows:
Core Personal Consumption Expenditure Price Index (YoY) Announced 2.8% – Expected 2.9% – Previous 2.8%
Core Personal Consumption Expenditure Price Index (Monthly) Announced 0.1%– Expected 0.2% – Previous 0.3%
Personal Consumption Expenditure Price Index (Annual) Announced 2.4% – Expected 2.5% – Previous 2.3%
Personal Consumption Expenditure Price Index (Monthly) Announced 0.1% – Expected 0.2% – Previous 0.2%
#BTC #PCE
After the PCE data* came in below expectations, Bitcoin started to rise and the price rose above the $95,000 level. Probability is that the FED will leave interest rates unchanged in January 2025
👉The PCE index is considered by the Fed to be the most accurate measure of inflation.
*personal consumption expenditures data for November were as follows:
Core Personal Consumption Expenditure Price Index (YoY) Announced 2.8% – Expected 2.9% – Previous 2.8%
Core Personal Consumption Expenditure Price Index (Monthly) Announced 0.1%– Expected 0.2% – Previous 0.3%
Personal Consumption Expenditure Price Index (Annual) Announced 2.4% – Expected 2.5% – Previous 2.3%
Personal Consumption Expenditure Price Index (Monthly) Announced 0.1% – Expected 0.2% – Previous 0.2%
#BTC #PCE
Ilse Lewicki MXQw:
une déclaration de la fed peut tout chambouler