Bitcoin / TetherUS PERPETUAL CONTRACT Trade #33 Short Shor | icryptomethod on Binance Square

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Bullish

Bitcoin / TetherUS PERPETUAL CONTRACT
Trade #33 Short
Short Entry: $60,700 -- stop: $64,000 -- target: $43,000
Mean-reversion followed by forced liquidations

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BTC

92,544

+1.29%

1.4k

0

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BTC has demonstrated impressive resilience, holding firmly above the 90K level, which remains a critical support zone to monitor in the event of a correction. On the upside, the 98K to 102K range serves as a key supply zone to watch for potential major sell-offs if the price advances toward that area. The wave pattern could take this form, remember this is just an assumption, I may be wrong. Trade with care. The hidden secret behind every bull run lies in the patterns and setups that precede it. The current BTC bull move emerged after a prolonged accumulation phase, which many mistook for distribution. This accumulation manifested in two powerful bullish patterns: a bullish flag formation and a mega descending broadening wedge formation. These formations strongly signaled the massive rally we’ve witnessed, which is why we have maintained a bullish outlook since identifying them. This analysis highlights these formations and their final targets, providing valuable insight into the potential target for the current bull run. Review the chart for a clearer understanding and share your thoughts on our projected target. Enjoy, trade responsibly, and keep it simple!

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Bitcoin showing off its Potentials I’ve put together this comprehensive BTC market analysis for those eager to understand the likely progression following the recent market surge. This deep dive will cover the full expectations for the extended leg of wave 5, breaking down each subwave for clarity. Let's dive in! This analysis explores the anticipated trajectory of wave 5 and its complex subwave structure, illustrating each phase in a simple, clear manner. Starting off, wave 5 itself is composed of multiple subwaves. We can observe that the initial wave under wave 5 (wave (i)) developed within a rising wedge pattern, which is clearly displayed on the chart. After the breakdown from this rising wedge, wave (ii) followed, marking a corrective move. Next, wave (iii) of 5 began, characterized by a bullish flag and pole formation. This bullish momentum aims to drive BTC to a targeted area of around 87K–100K, which is expected to serve as the completion of wave (iii) of 5. At this level, we anticipate the onset of wave (iv) of 5. The provided chart is structured to make these movements easy to follow and understand, even if you’re new to Elliott Wave theory. If you’ve been tracking our recent BTC updates, this latest surge should come as no surprise. In fact, some of our prior analyses have accurately predicted this market move. Here are some of the relevant past analyses for reference: Mid-Term Road Map for Bitcoin: This chart outlines the possible mid-term roadmap for BTC, providing a structured view of the anticipated trend. BTC’s Broadening Wedge Formation: This analysis simplifies BTC’s recent moves, showcasing a descending broadening wedge formation. Here, I emphasized that BTC is not in a bearish phase, offering insights into the underlying strength of the current trend. Bitcoin’s Bullish Potential: This final analysis provided an early signal of the impending bull run, highlighting the structure and technical indicators that pointed toward the current bullish momentum. Each of these analyses has contributed valuable insights into BTC’s

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$76,000 @BTC ACTIVE BITCOIN new ATH soon MAD WHALE TRADE ACTIVE Hello and greetings to all the crypto enthusiasts, ✌ The previous two analyses regarding Bitcoin have achieved their upward targets, and in this analysis, we will summarize Bitcoin's movement in the relevant time frame. 💣🚀 In the last few days, we’ve seen an impressive surge as the price has not only shattered its all-time high (ATH) but has also broken through multiple significant resistance levels. At this moment, we have a powerful support level and a solid trendline in place, both of which are pivotal for our trajectory. 📚✨ I’m very optimistic that these key factors will drive substantial growth, positioning us to reach a new ATH in the near future. The potential for upward momentum is strong, and I’m excited to see where this journey takes us! 📚🙌 🧨 Our team's main opinion is The price has recently surpassed its all-time high (ATH) and several key resistance levels, supported by a strong trendline and support level. This sets the stage for significant growth and the potential for a new ATH in the near future. 🧨 To enhance your understanding, I’ve summarized the key takeaways at the bottom of the chart for your convenience. I hope you find this analysis insightful and beneficial. ✌🎉 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡 #BTCNear82k #DogeArmyComeBack #BTCBreaksATH #BTCBreaksATH #ElectionNightBTCGuess

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Good! BTC dropped to support level and now trades inside support area. For this case, I think it can break support level and continues to fall. Hmm, the price little grew, therefore I think it can make a little movement up and then drop to my TP. Days ago Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price some days ago entered an upward channel, where at once it made little correction and then rose to a support level, which coincided with the buyer zone. Then BTC broke this level, after which made a correction to the buyer zone, and then BTC made an impulse up to the resistance line of the upward channel. After this movement, the price turned around from this line and then started to decline to the 58900 support level, which coincided with the support line of the channel. Later BTC rebounded and continued to move up inside the upward channel and some time later reached the current support level, which coincided with the support area. Price rebounded from this level and made a correction below, after which made an upward impulse to the resistance line of the channel, thereby breaking the 69500 level. But a not long time ago it started to decline, therefore I think that BTC can grow to the resistance line and then drop below a current support level, breaking it and continuing to decline. For this case, I set my TP at 67000 points. Please share this idea with your friends and click Boost #CryptoAMA #16thBTCWhitePaperAnniv #29thBNBBurn #NovCryptoOutlook #USNFPCooldown

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