A relaxed weekend surfing BTC while enjoying a cup of coffee waiting for the super wave next week. - During the week with waves, I will try to find more opportunities for everyone to earn. - A community exchanging knowledge for free, Tle: @thewolf082023
- BTC is currently trading around 98k. The price of BTC has been continuously rising for the past 2 weeks, and the market sentiment is extremely enthusiastic. Everyone is shouting uptrend. Altcoin Ss. - However, as I observe, it is currently a good time to take profit and hold USD, or you might wait for BTC to have a fake breakout past ATH (around 100-103k in the next 2 days.) - Below, it seems that everyone also sees the price of BTC continuously increasing but the volume is decreasing, this is a price increase that is not sustainable, so in my opinion, everyone should take some profits and wait for a correction to the 78-80 range before re-entering.
SCENARIO #BTC MONTH 2.3,4/2025: THE TARGET FOR MARCH WILL BE 78,000
🥴 After 2 consecutive days of decline, BTC is currently fluctuating around 86,500 The main trend on the 1D and 1W frames is still downward The chart shows that BTC may sideway in the short term before continuing to decline deeper.
Based on the chart above, I will divide the upcoming BTC scenario into 2 phases:
Scenario 1: BTC maintains above the 86,500 range, scenario 2 conversely will skip the SW phase let's go. (currently there is a lot of FUD so it's still unclear if it will recover or not)
⏳ The period from now until the end of February: ● BTC will sideway in the 86,500 – 95,700 range ● If BTC bounces close to 95,700, consider exiting the LONG position or placing a SHORT order here. ● However, if it breaks 86,500 (by a long-bodied daily candle), the scenario of falling to 78,000 may occur faster
📉 March – Early April: ● After the Sideway phase, BTC will start to decline sharply in March 2025 after testing again the 86,500 area. ● The target in March 2025 will be in the 78,000 range (weekly support) ● The 72,000 mark will be the area to watch if selling pressure continues to increase.
🫣🫣Regarding altcoin: Currently, most altcoins have been significantly impacted, however, looking at the BTC.D chart, altcoins are still not at the bottom; the adjustments in recent times are mainly to shake out holdings and sweep liquidity.
To catch the bottom, BTC.D must touch the 67-70% range. From this price, altcoins will drop another 15-20% for top coins, and 30-50% for lower market cap coins.
When should you catch the bottom? The bottom-catching period will fall around early April, when BTC has adjusted to the 78,000 mark and sideway accumulates for 10-14 days. (this is when you should consider catching the tail)
SHORT-TERM BTC VIEW 19-20/2: AHEAD OF COIN #pi LISTING
Everyone can consider shorting BTC based on the view below, when it hits Tp1 BTC will have a bounce to test the support area at 95k1. After that, the wave will run to Tp2.
During this period, everyone should only look to short, in the next 2-3 days BTC will return to 90k. $BTC #btc
Everyone can consider the limit Short order $ETH according to the image below. Entry: 2772 STL: 2945 Tp: 2200
🎆 I and everyone in the group still believe that BTC will have one more push down to the price area of 89k, and then there will be a slight recovery towards the end of this first quarter!!
FORECAST $BTC 11/2: UPCOMING SELL-OFF IF IT DROPS BELOW 92,000
In the medium term, looking through on-chain data shows that currently investors are showing signs of accumulation, gradually reducing selling pressure and potentially supporting a price increase trend in the future.
However, in the short term, the market indicates that it only needs one catalyst (news), and a significant correction will occur. My group and I still hold the short position since 4/2.
On the Daily timeframe: On 4/2, the Daily candle for BTC closed with a long body completely negating the recovery candle from 3/2, and in the following days BTC continuously formed bearish candles.
On the H4 timeframe: Using Fibo, we need to pay attention to two levels: 98,215 and 99,740. From my personal perspective, BTC will peak at around 99,740 and then reverse down to the 91,000 - 92,000 range in the next 1-2 days. This will serve as the final and strongest support zone. However, BTC has tested this zone too many times, so it may approach the 82,000 range this time.
Most altcoins have been correcting for over 2 consecutive months, many have created weekly bottoms; however, if the market undergoes a sell-off, this support zone may not be safe yet, and it could drop an additional 30% - 50% from the current price. It is advised that everyone should not enter positions at this time but continue to be patient and wait.
The BTC chart has not yet formed a bottom, this time BTC will hover around 95700 before dropping further, so everyone should not rush to catch the bottom yet.
First, let's touch on the current situation; although BTC is recovering and fluctuating around 102k, altcoins have dropped by half, even a quarter, and are still continuing to search for the bottom.
Looking at BTC in the medium term, there’s something to note. The 97,500 area is crucial; everyone should pay attention to this zone. If a daily candle closes below this price, BTC's next target will likely drop to 92k, and we will wait for further reactions. Conversely, if BTC does not close below this area, it is very likely that there will be a liquidity sweep up to 111k - 112k (this is the highest price until the end of the adjustment).
Personally, I and others in the group are still holding a short position on BTC from 108,500 and have set a stop-loss entry.
As for altcoins, it’s bad, really bad. My first warning to exit was on December 5, and it has currently helped many people avoid getting stuck at the peak. Those who criticized me back then must feel quite relieved now :)). A little view on altcoins: the total 3 has very little new capital flow, so an uptrend at this moment is IMPOSSIBLE. BTC Dominance will have to test the peak, or worse, the new ATH, so everyone should not rush to catch the bottom of altcoins. Please try to wait until the end of February or until there is a reversal signal before buying.
- After BTC swept the swing low area of 89100, it rebounded strongly by 4000, proving that the buying power here is still very strong, with many buy limits leading to the price not reaching the expected 87-88.
But no worries, as stated on 13/1, from now until the end of the week, it is likely that BTC will approach the area of 96-97k, sideways trading here to allow altcoins to have a recovery of 10-15% depending on the FOMO power, everyone. Everyone can consider long trading during this period, remember to set TP and STL carefully as the main trend is still a correction.
In the long term, BTC will need to drop to the price range of 84431 and 77748.
BTC UPDATE 12/1: WILL IT DECREASE BY 85 IN THE NEXT 2 DAYS
The green of today's 2 days is really fake, in previous strong adjustments, I often saw XRP coin flying very strongly 1-2 days in advance. Breaking 91-92, it is likely to go straight to 85k. This period can catch the short-term bottom to the 94k area before Trump takes office, everyone.
Because I shared the post in the t.le group, it got deleted, so I'm reposting for anyone who hasn't had a chance to follow.
Regarding BTC, it is currently trading at the strong support zone of 91-92k, this zone has reacted 4 times with a bounce after touching it. In my opinion, in the coming days, this zone will be broken, and the next target will be 85-86k. Of course, there will be increases amidst the decreases; the zone can be shorted if there is a retracement to 96500-87500. Currently, my group and I are still holding a short position.
Altcoin isn't doing very well; although it has corrected by 30-50%, BTC dominance still needs to retest the peak one more time. It is expected that if BTC finishes its adjustment, altcoin will drop an additional 30-40%.
Additional information: The Mariana Trench - a fissure in the western Pacific Ocean, stretching 2,540 km and home to Challenger Deep - the deepest point on Earth at about 11,000 meters.
#BTC 8/1 Everyone pay attention to the price of the area I marked (region 95500), this spot, if there are signs of a reversal, can aim long up to the area 985-992. To be safer, wait for a recovery and then short down. The main trend still maintains the view that the price will reach 78k. But in the short term, BTC will have to break through the resistance of 91-92 first.
$BTC #btc END OF THE YEAR 31/12: NOT THE BOTTOM YET. - As I have stated since the beginning of the month, the market has not reached 7 yet, so it will take a long time to rise (specifically 78-80). - Here I see that in the coming days there will be a spike to 86-88k and then pull back to close candles in the range of 92-94. So during this time, you can consider a long position (from 87k to 92k). However, since there are profits, it is advisable to take profits because the trend from today to the beginning of next month is still DOWN.
- Those who listened to me have currently escaped the 4-50% adjustment phase from the peak, and we are not at the bottom yet, so do not rush to enter positions; an additional adjustment of 2-30% can completely occur with the BTC.D chart, okay everyone.
BTC UPDATE 12/28 to 1/10: 2 MAJOR ADJUSTMENTS, BOTTOMS OUT AND BOUNCES BACK
- Recently, I've been busy supporting everyone in the group, so I haven't had much time to post for your reference. Today, I want to share a bit about my personal perspective.
- Currently, BTC is stabilizing around the price of 94,500 after a drop from the 99,500 range. As per my view from the beginning of the month, there is a high likelihood that in the last 3 days of the year, BTC will experience a sell-off touching the 86-88k range. After that, it will bounce back to the 92-94k range. It may close the year around this area depending on the level of FOMO.
- Everyone should refrain from trying to catch the bottom at the 86-88k range, as the next month's candle can easily have a wick down to 77,544. I will wait until the beginning of next month when BTC reaches this area to accumulate for the super cycle uptrend in Q1.
- Currently, there is strong compression, so altcoins are not significantly affected, but in the next two phases when BTC adjusts, DOM will increase strongly. It is best for everyone not to LONG at this time to minimize impact.
- Today I'm too lazy to write long, so I'll summarize for everyone the upcoming view. This period will hover around the level of 97-99k, and then in the next 1-2 days, there will be another adjustment to the area of 85-87k. This period is only for SW decrease, so everyone should not Long and refrain from accumulating altcoins at this time.
- Anyone who wants to nitpick should review from 11/30 until now how much profit I and everyone in the group have made and how many times the account has multiplied.
- After a 2-day adjustment period, BTC is currently at a price of 97,593 after hitting the support zone (95,500 in the previous post on 18/12). As I mentioned, this support zone is very strong for BTC to break through once, so in my opinion, at this level, the price will linger around 94,000 - 95,000 and there will be a bounce back before the next adjustment phase in the coming days. BTC is expected to recover around 102,027-103,571.
- As BTC.D is still adjusting, it is very likely that Altcoin will benefit from a 10-15% growth after a series of bloody days. Before continuing to enter the market's adjustment cycle.$BTC
- Today I was lucky to catch a scalp order right at the bottom, congratulations to everyone who made a profit tonight.
- After a price correction of 5000 this morning from 108000 to 103000, BTC is currently experiencing a slight rebound and is fluctuating around the 105500 area.
- Overall, this downtrend has not yet confirmed that BTC is entering a corrective wave; the price is still being supported by a short-term upward trendline. However, on the D1 timeframe, BTC is currently forming a clear bearish candle pattern (waiting for BTC to close the daily candle below 105000).
- Yesterday, I wrote an article about the next peaks of BTC, noting that the 106-108 range has significant selling pressure. In my opinion, BTC’s current wave will not be able to break through the resistance level at this time, as new capital inflow is almost non-existent, with most coming from altcoins switching over.
- The next expected price range in the coming days is for BTC to adjust to the 95,500 price level.
- Currently, after 10 consecutive days of decline, some altcoins have recorded a drop of over 50% and still show no signs of stopping. It is expected that Altcoins will continue to decline an additional 20-40% from today, December 10. Therefore, everyone should consider holding coins at this moment. I will notify the group when it’s time to buy so that everyone can enter the market. $BTC #BTC☀ $XRP
BTC ANALYSIS 17/12: WHERE WILL BTC'S NEW PEAK BE. - Currently, BTC is still in an upward price channel (I updated on 8/12), and the current price is rising strongly, causing everyone to question how high BTC's new peak will be and when it will decrease.
- Below, I have used two tools: Fibo and Pivots, and the price range that BTC needs to surpass is 106,136 - 108,500 (this could be the peak before a correction in the next 1-2 days), with the next levels being 120,000 and 135,000.
- However, looking at the overall picture on the D1 timeframe, there are clear signs of a bearish divergence; the continuous price increase of BTC in recent days is mostly due to FOMO. My advice is not to open any BTC positions at this time.
- The current cash flow is pouring into BTC, causing a series of Altcoins to be affected, most of which are stagnant or slightly declining. Altcoin is heading toward the darkest days of buying Altcoin SS. If anyone wants to accumulate, now is not the right time; wait for the market to have a correction towards the 78,000 - 83,000 range.