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Bitcoin will hit 39k this year in December 2023, according to my technical analysis and calculations. This new analysis is on the 12h chart and shows very important technical data!First, we need to consider the major yellow descending trendline. This trendline has been destroyed by the bulls, and we also had a successful retest of it! This is your chance to buy / long BTC at the current low price. Thank me later!Before BTC hit 39k, we had some resistance on the way up. Of course, we are not going to go to 39k in a straight line. The first resistance is the 0.618 FIB of the previous wave, which is at  29167 USDT. We also have a POC of the previous structure near this point, so it's a big deal. There is no next resistance until 31804, which is the major previous swing low.I don't know how about you, but I am prepared for the bull market that is coming in the next few weeks until January! Expect January to be a bearish month.From the Elliott Wave perspective, I see this uptrend from 24900 to 28500 as a strong nest (1-2-1-2) or an expanding leading diagonal wedge (1-2-3-4-5). Both of them are bullish patterns and support the start of the bull market!Let me know in the comment section (right now) what you think about BTC and have you bought it.Thank you, and for more ideas, hit "Like" and "Follow"!This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately.

Bitcoin continues to rally from the bottom of 24920 to 27137 and is heading towards 28650! This is going to happen; the bull market is absolutely awesome, and profits are huge!If you are following me, I have been bullish almost from the bottom of the last big dump while the majority is still shorting Bitcoin on futures, which can also be seen in the negative funding rate on exchanges.I hope you guys are enjoying this bullishness as much as I do, and I wish you massive profits!From a technical perspective, the price of Bitcoin is moving in the ascending parallel channel on the 4H chart and will touch the trendline in the first week of October! This is also a strong resistance because of the 1:1 Fibonacci extension from wave (1) -> wave (2).October, November, and December are statistically bullish months for Bitcoin, so we should expect an uptrend this season. Summer is usually boring, and September is usually bearish.I see bullishness on Ethereum and altcoins, which is another good sign for the crypto market. DXY is pretty bullish, while Bitcoin is bullish as well, another strong sign!What about gold and silver? These assets are going down, while Bitcoin is also rising, making a bullish divergence another good sign!This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately.Thank you, and for more ideas, hit "Like" and "Follow"!Bitcoin is pumping, October starts very beautifully, and we want to be greedy. Now we need to look at the BTC.D. (Bitcoin Dominance) chart. My analysis suggests that Bitcoin should reach 60% dominance this year, so do not expect any big alt-season yet.Bitcoin hit the top of the parallel channel successfully, which was indeed a strong resistance. Of course we are bullish; our next stop is the 0.618 FIB retracement of the previous wave!It's always important to take a look at the weekly candles. How did the previous weekly candle look? It's a strong green bullish engulfing candle, so this week we should continue in the uptrend!

Ethereum is starting a new bull market! (after 2 years) After almost 2 years, ETH is starting a new bull market. It's still a great time to buy before ETH reaches 10,000–20,000 USDT per coin! So why is ETH bullish? To answer this question, we need to use the Elliott Wave theory and chart patterns on the weekly chart. As we can see, we have a strong Elliott Wave nest (1-2-1-2) with a combination of the previous ABC Zig Zag (3-3-3). This combo is indeed powerful! What's more, we can see an ascending triangle at the bottom of the trend, which is an even stronger bullish sign! You want to buy Ethereum and Bitcoin as soon as possible to earn a lot of money, as the price is still very cheap. Profits are already insane, so be greedy and enjoy the ride! What is the profit target? You do not want to sell ETH for less than 10,000 USD per coin, that's for sure. As per my analysis, ETH could reach 20,000 USD in 2025, which you will see in one of my next analyses, so make sure you are following me! But of course, in the short term, we have some strong resistances, such as the 0.618 FIB at 2534 USD. Definitely a good profit target for swing traders. I really look forward to 2024 and 2025, which will be bullish months! At this moment, probably 95% of traders are gone; they left the crypto space because, of course, they lost money during the previous bear market and were forced to sell their holdings. Some people may say that people should hold strongly and never sell, but if someone has to pay the bills, they are forced to sell it. So it's easy to say, right? This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. That's my outlook; be bullish and have a nice day! Thank you, and for more ideas, hit "Like" and "Follow"!

Bitcoin is bullish and is ready to reach 29167 in the next few days or at the start of October. Of course, 30k will follow, but 29k is a strong resistance, and we should see a pullback from it!Watch this yellow trendline, which is a gateway to the ultra-huge bull market. Once it breaks, I expect a massive uptrend, but be aware of a possible retest first. Your stop-loss needs to be safe!So why is the 29167 level of resistance strong? We have the 0.618 Fibonacci retracement of the previous downtrend, and we also have a point of control on the volume profile. What's more, it's the start of the fair value gap. I am definitely expecting a pullback from it!It's always important to do an Elliott Wave analysis because it gives us an outlook on the overall trend and market structure. In the downtrend from 31k to 25k, I see a complex correction—the triple-three pattern WXYXZ. This is a corrective move and shows a lot of weakness. That's why I am bullish!26k is still a good price for Bitcoin to buy in the long term because I expect 120k in 2025. Why 125? Check out my profile or my previous analyses!It's also important to watch altcoins and how they are doing because it gives us another good indicator for Bitcoin. Of course, altcoins such as ETH, XRP, and DOGE are bullish. This was a quick update on the local price of Bitcoin.This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately.Thank you, and for more ideas, hit "Like" and "Follow"!I know that Bitcoin's price action is boring, but wait for the breakout of the specified trendline; this will be huge!The 5th touch of the trendlines makes this trendline weaker and weaker; it's only a matter of time now!I was right about the big crash from 32k to 25k, when no one was expecting it and everyone was bullish! Now everyone is bearish, and I have to be a bull.This is the trendline zoomed into the 1H chart. I hope you are ready! The DXY index is rising while Bitcoin is holding strong.Last update for this idea: The trendline is breaking out; it is really a super bullish sign for the next few months!Ethereum is starting a new bull market! (after 2 years): My new analysis is extremely important to see because BTC and ETH are correlated!

The price of Bitcoin will be 120,000–130,000 USD in Q2 2025, according to my technical analysis! There is a strong confluence to sell Bitcoin here, and a lot of people will do it, so make sure you take profit in the next bull run.First of all, this is an analysis of the weekly chart on a linear scale, not a log scale. If we take the Fibonacci extension from the end of the previous bear market in 2018 to the end of the previous bull market in 2021 to the end of the previous bear market in 2022 (dashed white line on the chart), we get really interesting numbers! The most likely is the 1.618 FIB extension, which is 122,011 USD! But we also need to take the 1:1 FIB extension into consideration because this is also a strong resistance, but only for a short-term bounce.We also need to take a look at trendlines. In this case, the trendline from 2017 to 2021 gives us a projection for the next possible touch. It should be in 2025, and it's also around 125,000 USD! If you find this analysis helpful, hit the like / boost button right now!There is not too much place on the chart anymore, so let's do more data in one of my next analyses! But what I also want to mention is the time variable. 1428 days +/- was the duration of the bear cycle and bull cycle between 2017 - 2021. If history repeats itself, then the bull market should end in October 2025.And I cannot forget to also take the Elliott Wave analysis into consideration. It works really well on Bitcoin, and wave (1) + wave (2) should be completed. We already started wave (3), which is usually the strongest! So I hope you look forward to the upcoming price action.This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately.Thank you, and for more ideas, hit "Like" and "Follow"!The 200-week EMA holds the price greatly, and Bitcoin remains bullish on the weekly chart.Let me tell you one thing: A drop below the major key support of 25k means that Bitcoin is going to go to 10k automatically! Just make sure and consider huge crash on altcoins (80%). Clearly this support most hold.Below 25k is your stop loss, so your risk is very small compared to the potential reward!

Bitcoin is absolutely ready for a massive uptrend to my profit target of 79959 USD! In this analysis, I will tell you why Bitcoin is bullish.First of all, we need to take a look at the weekly candles. The last weekly candle is a bullish engulfing candle. It means that the body of the candle engulfed the previous candle. Strong reversal signal, especially on the weekly chart!From the Elliott Wave perspective, we have completed the major wave (2) with a WXYXZ corrective pattern (triple three). Bitcoin is starting a new impulse wave (3)! Usually waves 3 are the strongest waves, and in this case, I expect the target to be at the 1.618 FIB extension of wave (1) => wave (2).The next bullish signal is the 200-week exponential moving average (EMA). As we can see, the price is holding this key dynamic support, and the bulls successfully defended it! This EMA is considered to have strong support or resistance by huge institutions and hedge funds.Now for a pretty important question: what are the resistances on the way up to 80k? It's definitely the 0.618 FIB + POC of the previous market structure, which is at 38984. Then 48234 as a previous swing high, and of course the previous all-time high at 69000. You can use these levels for a potential quick short trade on the futures market with leverage!The downtrend basically ended in January 2023 after breaking the major blue trendline. We also had a retest of this trendline in March 2023.The price in March was around 25k and now in September, the price is around 26k after 6 months of sideways price action. This is a great opportunity to buy/long Bitcoin, so you don't need to wait 6 months for boring price action!What do you think, guys? Are you ready for a massive bull market? Let me know in the comment section down below! I must know your opinion.This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately.Thank you, and for more ideas, hit "Like" and "Follow"!Profits are huge! Bitcoin is pumping, as expected. Follow the latest updates and see my my previous analysis when I recommended buying extremely cheap Bitcoin at 25964. (diamond pattern):Some technical facts:200-week EMA: Holding (bullish)Bullish engulfing candle (bullish)MACD uptick (bullish)RSI 47 (neutral)On the lower timeframe, Bitcoin is absolutely breaking out! The next target is the 0.618 FIB retracement, which is at 28966 USDT. Of course, we will go higher than that, but this is a strong resistance.FOMC in 6 hours can trigger massive volatility. Big pump? We will see...On the chart, we should see a huge breakout soon. Support is still holding, and resistance is weak!

Bitcoin crashed to 25k recently, but a huge pump followed immediately after a false breakout of the head and shoulders pattern. Bitcoin was heading down to continue in the downtrend to 21k, but a huge buyer suddenly appeared and sent bitcoin to the upside. Is this a strong reversal pattern? I think so!It looks like Bitcoin is refusing to go lower, which is great news and that's why we need to react to the recent price action and open a long position on futures or buy Bitcoin!It's always extremely important to do an analysis with the Elliott Wave theory to predict future prices. In Bitcoin's case, we have a triple three (WXYXZ) corrective pattern, which you can see on the chart. It's a sign of strength, and this should send Bitcoin to 31K later this year!The diamond pattern looks really interesting; as you can see, the right shoulder and left shoulder are made of parallel channels. The right shoulder is not formed yet, but we will get there.I have to be bullish on Bitcoin as the bulls stepped in, and to make more money, we want to speculate on the price increase until January.I believe October, November, and December will be extremely bullish for the price of Bitcoin!Is this the bottom of Bitcoin? And will Bitcoin continue to rise to 40k and therefore to a new all-time high? This question will be revealed in my next analysis, so make sure you subscribe / follow!This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately.Thank you, and for more ideas, hit "Like" and "Follow"!This head and shoulders pattern was a bullish one, with a false breakout of the neckline. Usually, when you see failed patterns, it's an opportunity, but in the opposite direction!People are in disbelief, almost no one is bullish. Is the market ready for a huge pump?I hope you are ready for October and November, which are some of the most bullish months for Bitcoin!Bitcoin started the huge pump, and the current price is still very good to enter a long position on futures or buy on spot!The major trendline on the 4h chart is breaking out! Next stop is the 0.618 FIB retracement at 29159 USDT, which is a 10% price increase!

This week is going to be huge! We have this head and shoulders pattern that is ready for a massive breakout. I give it a 70% chance of breaking down and a 30% chance of breaking out of this pattern.The most important thing is to let me know in the comment section what you think about this upcoming crash or pump! Up or down?Bitcoin is on the road to 20k and potentially 15k later this year if this pattern breaks down, so for the bulls, it's important to defend this support and start a new uptrend from here.As you probably already know from my previous ideas, September is the worst month for Bitcoin, with an average negative return. That means the price of Bitcoin usually goes down in September. This is a statistical fact, but of course it's not a guarantee. It's likely for Bitcoin to go down based on historical data.The halving event in April next year is still too far away, so you cannot rely on it. Most likely, we are going to find the bottom on Bitcoin in March 2024.This is a quick update on the price of Bitcoin. I always give you a complete outlook for Bitcoin to stay updated on all time frames. From monthly to hourly. Make sure you follow me so you do not miss out on my next update!We all know that the price of Bitcoin can sometimes become very boring when it's stuck in a range and volatility is at its historical minimum. But it is how it is, and that's why if you are a crypto trader, you can trade altcoins as well for diversification purposes.This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately.Thank you, and for more ideas, hit "Like" and "Follow"!It's happening; the huge crash is prepared. Now the chance is 90% because if you take a look at ETH and other coins, it's quite obvious.24170 is the next support; if it doesn't hold, 20k is definitely on the table!

The price of Bitcoin is forming a head and shoulders pattern inside this descending parallel channel! Both of these patterns are bearish, so the probability of going down is really high at this moment. To become bullish, Bitcoin needs to invalidate both patterns. Then we can think about a long position, but at this moment, not at all!You probably want to trade with a trend, and the trend is bearish on this particular timeframe. But in the immediate short term, we could go up to form the right shoulder of the major pattern; of course, that would be an excellent opportunity to short bitcoin at a great price!Where is the profit target for the big short? I already market it on the chart, and it's between 23064 and 22853 because it is the POC of the previous expanding triangle + 1:1 FIB extension (wave 3 -> 4).As per my Elliott Wave analysis, last week we printed a new impulse wave, which is very clear and visible. Everything in confluence suggests that we are bearish, and continuation of the downtrend is extremely likely and almost definitely a guarantee. Sooner or later, we will break the support of 25k. This is my outlook on BTC for this month; do not forget to let me know in the comment section what you think about it and if you are prepared for another crash. I need to know your opinion!This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately.Thank you, and for more ideas, hit "Like" and "Follow"!So it's happening, and the head and shoulders pattern is ready for a massive breakout! This is a bearish pattern, so the probability of breaking to the downside is higher, but sometimes it can break to the upside instead.As traders we need to consider both possibilities.The Bitcoin Dominance chart (BTC.D) is holding the key support, which is of course very important for the price of Bitcoin.

The next crash is coming for the price of Bitcoin, but first we need to correct the recent downtrend! This correction can be pretty significant up to the 0.618 FIB retracement, which is at 27,609. You probably want to set your limit orders to short BTC at this level!After a bullish correction, I expect another huge crash, kindly to 20k. But of course we are not going to go down in a straight line; there will be a lot of bullish corrections, so you need to be clever on when to short Bitcoin.Resistance 2 (start of the GAP + 0.618 FIB) is at 27609, and Resistance 1 (end of the GAP + 0.382 FIB) is at 26406. I see only these 2 levels where the bears should step in again!Above the current price, we have an unfilled CME gap exactly between resistance 1 and resistance 2. These gaps tend to be filled, but of course, it's not mandatory.Bitcoin spiked significantly last week on the GBTC news; a lot of people were really optimistic and bought the pump, but a huge crash followed. It's similar to the XRP news: XRP pumped by 100% and then went down below the starting point of the pump.From the Elliott Wave perspective on the chart, we can see a strong impulse wave, which is a sign of weakness for the price. The expectation is that we need to make an ABC bullish correction before continuing to the downside in the downtrend.This is my current outlook on BTC; I am still bearish, but we need to open short at higher prices!This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and post trade setups privately.Thank you, and for more ideas, hit "Like" and "Follow"!Update on the recent price action:As per my Elliott Wave analysis, we still need to go up to complete the C wave.It's taking some time, but patience is the key. If BTC's chart is unclear, we can take a look at the ETH chart. Ascending triangles are usually bullish patterns.Another very important pattern that is printing on the BTC chart is this Head and Shoulders pattern. Keep that in mind! It's really important.