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Bitcoin Technical Analysis: Upcoming Two-Year CycleMarket Structure OverviewCurrent market structure analysis indicates that Bitcoin is in the final stages of its accumulation phase before a mini bull run. Key market structure zones and projected price targets for the next two years are outlined below:Accumulation PhaseCurrent Support Zone: $57,405 - $61,302Bitcoin is consolidating within this range, indicating strong accumulation by long-term holders and institutional investors.Mini Bull RunProjected Highest High: $91,236As Bitcoin breaks out of the accumulation phase, we anticipate a mini bull run with the highest high reaching approximately $91,236. This phase is expected to be driven by increasing demand and positive market sentiment.Correction CycleMain Support Zone: $47,620Following the mini bull run, a slow correction cycle is projected to commence, bringing Bitcoin down to a main bottom support around $47,620. This correction is seen as a healthy pullback, setting the stage for the next bullish phase.Parabolic Bullish CycleFirst Target: $139,130From the $47,620 support zone, Bitcoin is expected to begin a parabolic bullish cycle. The first significant target in this cycle is around $139,130, marking a substantial price appreciation.Parabolic Cycle Correction and New TargetsMaximum Target: $236,000Following the initial parabolic run, Bitcoin is projected to undergo a correction before ascending to new heights. The absolute maximum target for this 3.5-year cycle is estimated to be around $236,000.Macroeconomic Factors Influencing BitcoinJapanese Index Decline: The recent rapid decline in the Japanese index has introduced uncertainty in the Asian markets. Investors are increasingly looking for safe-haven assets, which could boost demand for Bitcoin.US Market Sentiment: With the US markets closing in the red on Friday and gold prices reaching an all-time high, there is a growing shift towards alternative investments like Bitcoin.Japanese Yen Weakness: The continued decline of the Japanese yen is anticipated to accelerate Bitcoin’s mini bull cycle correction. This macroeconomic trend is likely to contribute to the expected decline to the $47,000 support zone before the parabolic bullish phase.ConclusionBitcoin's market structure suggests a promising outlook for the next two years, characterized by significant price movements and opportunities for strategic investments. The interplay between macroeconomic factors and Bitcoin’s inherent market cycles underscores the importance of staying informed and agile in response to evolving market conditions.

### GameStop (GME) Technical Analysis: A Harmonious Bullish Journey#### Current Financial DataAs of the latest market close, GameStop Corp. (NYSE: GME) is trading at $24.43, reflecting a change of 1.75% from the previous trading session. The stock has a market capitalization of $8.58 billion, with a 52-week range of $9.95 to $64.83. The average 5 day trading volume stands at 12,258,820 shares.#### Long-Term Harmonic Bat PatternSince reaching an all-time high (ATH) on May 14, GameStop's stock has been slowly carving out a harmonic bat pattern on larger timeframes. This pattern, known for its predictive power, suggests a potential bullish reversal. The bat pattern is characterized by its specific Fibonacci retracement levels, which GME has been respecting, indicating a well-structured technical setup.#### Falling Wedge FormationAround July 1, a falling wedge formation was observed, typically a bullish continuation pattern. This formation indicated a consolidation phase within a broader uptrend, providing a precursor to a potential breakout. True to form, GME began to show signs of upward movement following this pattern, marking the beginning of a new bullish phase.#### Price Movement and MomentumPost-July 1, GME saw a price retraction to the $23.37 mark. This pullback was instrumental in building bullish momentum as traders accumulated positions, anticipating the next leg of the harmonic pattern. The slow price retraction allowed for the formation of a solid support base, critical for the upcoming bullish journey.#### Resistance and TargetsCurrently, GME is approaching a significant resistance level at $31.69. Breaking through this level is crucial for further bullish progression. Upon successfully overcoming this resistance, the first target stands at $37.78. This target is strategically placed just before another anticipated retraction around the $32 mark, providing a healthy correction and consolidation phase before the next bullish surge.The second target is set at $53.44. Achieving this target would mark a significant milestone in GME's bullish journey, completing the second leg of the harmonic bat pattern. This level aligns with the 161.8% Fibonacci extension from the initial price move, reinforcing its technical significance.#### Technical IndicatorsSeveral technical indicators support the bullish outlook for GME:.**Relative Strength Index (RSI)**: The RSI is currently trending upwards, suggesting increasing buying pressure. **Moving Averages (MA)**: The 50-day MA is poised to cross above the 200-day MA, forming a 'Golden Cross', typically a bullish signal. **Volume**: Trading volume has been increasing, confirming the bullish momentum as more traders participate in the rally.#### ConclusionGameStop (GME) is currently in a technically significant phase, with multiple bullish indicators aligning to suggest further upward potential. The formation of a harmonic bat pattern, coupled with the recent falling wedge breakout and subsequent price movements, sets the stage for a bullish continuation. Traders should watch the key resistance level at $31.69 closely, as breaking this would open the path towards the first target at $37.78 and potentially the second target at $53.44.As always, while the technical indicators provide a strong case for a bullish outlook, traders should remain vigilant of market conditions and news that could impact the stock's performance. Happy trading!---*Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.*

Current Market Overview As of now, Bitcoin is trading around $57,000, showing a resurgence after recent declines. This upward movement has been influenced by several factors, including reduced sell pressure and positive market sentiment following significant transfers and regulatory developments. Recent Developments and Predictions Institutional and Market Sentiment: Mt. Gox Sales: Despite the looming sales of Bitcoin by Mt. Gox creditors, many believe that the market has already priced in this factor, which has contributed to a stabilizing sentiment​ . German Bitcoin Wallet Movements: A significant transfer from a German wallet containing 40,000 BTC had temporarily impacted the market, but it has since recovered, indicating strong underlying demand​ . Price Predictions: Coindesk and Cointelegraph: Analysts from these platforms have indicated a potential bullish trend, with expectations of Bitcoin possibly testing new highs driven by macroeconomic factors and investor behavior​ ​. Major Financial Institutions: Matrixport predicts a potential surge to $125,000 by the end of 2024, based on historical price patterns and recent market behaviors​​. Tim Draper, a well-known venture capitalist, maintains a highly optimistic view, suggesting Bitcoin could reach $250,000, albeit this might extend into 2025​. Blockware Solutions has made an ambitious prediction of $400,000, emphasizing the impact of the upcoming halving event and its historical effect on reducing sell pressure and boosting demand​ ​. Market Factors: Halving Event: The upcoming Bitcoin halving in 2024 is a critical factor in many predictions. Historically, halving events have led to significant price increases due to the reduction in new supply and the subsequent increase in demand. This is expected to play a crucial role in driving prices higher​ ​. Institutional Adoption: Growing interest from institutional investors and major corporations is bolstering confidence in Bitcoin’s long-term value. For example, Berenberg Bank projects a price of $56,630 by April 2024, supported by institutional adoption and market dynamics​ ​. Technical Analysis and Projection Given the current market conditions, technical indicators suggest a bullish trend for Bitcoin in the coming months. The price is likely to test resistance levels at $65,000 and could reach towards $108,000 by the end of 2024 if the following conditions are met: Continued positive sentiment and institutional investment. Successful navigation of regulatory hurdles and market stabilization. Impactful market events, such as the Bitcoin halving, which historically lead to significant price rallies. Conclusion: While there are inherent risks and uncertainties in the cryptocurrency market, the overall outlook for Bitcoin remains positive. With key events like the Bitcoin halving on the horizon and strong institutional interest, Bitcoin has the potential to reach and possibly exceed $108,000 by the end of 2024. Investors should remain cautious but optimistic, keeping an eye on market developments and macroeconomic indicators.

Bullish Resurgence on the Horizon: Bitcoin's Symphony of Signals Technical Analysis for Bitcoin: Anticipating a Resurgence Amidst Market Flux Introduction: In the volatile landscape of Bitcoin, a recent significant pullback to the $42,000 lows has paved the way for a renewed bullish impulse targeting $52,000. Despite prevailing bearish sentiments, our technical analysis points to several indicators suggesting a potential reversal and bullish momentum. Technical Indicators: RSI Probability Indicator: The RSI (Relative Strength Index) probability indicator has demonstrated a bottoming pattern and is entering the bullish zone. This suggests a shift in momentum towards the bulls. Probability Bands Convergence: Probability bands are converging, indicating a potential alignment of market forces. This convergence is often a precursor to a significant market move, and in this case, it supports the anticipation of a bullish impulse. MACD Regular Divergence: In smaller timeframes, the MACD (Moving Average Convergence Divergence) is exhibiting a regular divergence, further signaling a potential shift in momentum towards the upside. Volume Analysis: Despite the current low volume, the observed bullish pattern is a positive indicator. The expectation is that as the bullish momentum gains strength, trading volume will likely follow suit, supporting the upward trajectory. Whale Transfers - Bullish Signals: Recent large Bitcoin transfers, including 3,110 BTC and 6,999 BTC to Coinbase wallets, signify a strategic move by major players. This suggests that bullish entities are selling their holdings, possibly in anticipation of a major dip, with plans to re-enter the market at lower price levels. Market Sentiment vs. Technical Analysis: While the majority of market sentiment has shifted bearish, our technical analysis supports the hypothesis that a solid bottom may have already been established. Confirmation around the $42,710 mark is crucial, as it aligns with our analysis and adds credibility to the anticipated bullish move. Negative News Impact: Negative news surrounding the BRC-20 Ordinals token potentially replacing Bitcoin has caused concern and contributed to the recent decline. However, the consensus is shifting towards optimism, especially with the looming prospect of an upcoming ETF, which could act as a significant catalyst for Bitcoin's resurgence. Conclusion: In conclusion, the technical analysis for Bitcoin presents a compelling case for an imminent bullish impulse. The convergence of multiple indicators, coupled with strategic whale transfers and shifting consensus towards an upcoming ETF, all contribute to a positive outlook. Traders are advised to remain vigilant for confirmation around the $42,710 mark, as it serves as a key validation point for the anticipated bullish momentum.

Introduction: As we approach the weekend and the joyous Christmas season, a festive atmosphere engulfs the cryptocurrency market, especially the BTC/USD pair. Building on our previous analysis, an Elliott Wave Impulse is expected to guide the market's course during this celebratory period. Elliott Wave Impulse Structure: The Elliott Wave theory suggests that market trends unfold in a five-wave impulse pattern, representing the natural rhythm of investor sentiment. In our BTC/USD analysis, we anticipate a compelling five-wave sequence, with each wave playing a distinctive role in shaping the market's direction. First Wave: The initial wave sets the stage for the festive season, with a strategic entry point identified at $43,910. This wave marks the beginning of the upward momentum, propelled by positive market sentiment and holiday optimism. Second Wave: Following the initial surge, a corrective wave is anticipated, providing an opportunity for adjustments and strategic positioning. The market may experience a brief pullback, presenting an ideal entry point for astute traders. The first take profit target is projected at $44,840 during this phase. Third, Fourth, and Fifth Waves: The subsequent waves will unfold dynamically, each contributing to the festive fervor. The third wave is expected to extend the rally, surpassing previous highs and reinforcing the bullish sentiment. As we progress through the season, the fourth wave may introduce a temporary correction, offering a second opportunity for entry. The grand finale comes with the fifth wave, reaching new heights and culminating in the festive celebration. This wave is expected to carry the market to a peak, creating a jubilant atmosphere for traders and investors alike. Conclusion: In conclusion, the Elliott Wave analysis for the BTC/USD pair sets the stage for a festive celebration in the market. As the waves unfold, from the initial surge to the grand finale, traders are urged to stay attuned to the rhythm and dynamics of each wave for optimal decision-making during the weekend and the Christmas season. May the joy of the festive season extend to the cryptocurrency market, bringing prosperity and positive vibes to BTC/USD traders. Happy trading and Merry Christmas!

—A Quick Analysis for a Memorable Christmas Rally In the fast-paced world of cryptocurrency, breaking news often arrives quicker than the giant whales themselves. As the year draws to a close, all eyes are on Bitcoin's soaring trajectory, with a tantalizing 50K milestone seemingly within reach. A swift analysis, guided by professional trader insights, unveils a compelling narrative for a Christmas rally that could make this the most memorable festive season of the new decade. Recent Bitcoin options data has sent shockwaves through the market, revealing that whales—the significant players with deep pockets—are placing hefty bets on a 50K BTC surge. The strategic positioning of these market behemoths has set the stage for a potential bull run that could materialize by the 26th to 27th of December, creating a buzz of excitement and anticipation. Professional traders, armed with their arsenal of technical analysis, are pointing to key indicators that suggest a substantial upward move for Bitcoin. The market sentiment is buoyed by the prospect of institutional investors and whales influencing the price action, providing a robust foundation for the projected surge. The options market, as detailed in a recent report by CoinTelegraph, acts as a barometer for these whale-sized bets. The strategic use of call options—financial instruments that give holders the right to buy an asset at a predetermined price—indicates a bullish outlook among these influential market players. This calculated move, coupled with the historical significance of the 50K threshold, adds weight to the analysis. Bitcoin enthusiasts and investors alike are eagerly anticipating what could be a historic Christmas for the cryptocurrency market. If the projections hold true, witnessing Bitcoin reach the 50K mark would not only mark a milestone for the leading digital asset but also create lasting memories for enthusiasts, traders, and investors as they toast to the end of the year and the beginning of a new era in the crypto space. In conclusion, the confluence of strategic whale maneuvers, professional trader analyses, and the impending holiday season paints a compelling picture of a Bitcoin rally to 50K by the 26th to 27th of December. As the crypto community braces for a potentially historic moment, the news of this impending surge may have arrived quicker than the whales themselves, setting the stage for a Christmas celebration that will be etched into the annals of cryptocurrency history.

Financial Analysis: Bitcoin ( BTCUSD ) - December 19, 2023 Disclaimer: This analysis is based on publicly available information as of the provided date and is subject to change. It should not be considered as financial advice. Readers are encouraged to conduct their own research before making investment decisions. Market Overview In our latest analysis, we revisited the fractal patterns emerging in late 2015 to gain insights into the current market situation for Bitcoin ( BTCUSD ). After confirming a breakout above the daily support line and the 3D Candle Fibonacci level of $41,989, we anticipate a potential breach of the daily resistance level at $43,578. Upon confirmation, the market is expected to exhibit further bullish momentum, targeting the weekly resistance of $44,950.01. Macroeconomic Factors Recent positive developments in Europe, coupled with a rise in Deutsche Bank shares, have contributed to a favorable market environment. Additionally, last week's Federal Reserve news has had a positive impact on safe-haven assets, with gold experiencing a 0.74% increase since the previous week's close. The EURUSD markets also moved positively by 0.10% today. These factors, combined with growing money flow and smart money movements toward Bitcoin, suggest a positive outlook for the cryptocurrency. Price Targets and Analysis The identified take-profit level at the 50% Fibonacci retracement level, around $46,600, is expected to be reached effectively. Subsequently, we anticipate further momentum towards a liquidity gap at approximately $47,700, as late investors enter the market following a significant price move. Global Market Dynamics A notable observation is the potential twist on the horizon for JPYUSD , mirroring the trend in EURUSD and indicating a probable market reversal. Our analysis and EURUSD Long, outlined in a previous report, aligns with the expectation of significant market corrections, possibly substantiating Michael Burry's theory of a possible US market crash. Bitcoin's Unique Position Bitcoin's independence from the USD is highlighted as a key factor in its purchasing confidence. As the US Dollar experiences a downturn, Bitcoin appears to be gaining traction as a safe-haven asset. It's important to note that Bitcoin's behavior is distinct from traditional financial assets, with its algorithm, including the relevance of mining rates, prevailing above potential correlations to other stocks or currencies. Quantitative Analysis Our proprietary market quantization indicator, W.ARITAS, is signaling a significant buildup of bullish momentum for future Bitcoin prices. However, it is crucial to acknowledge Bitcoin's tendency for significant corrections following large bullish movements. Notably, there are unfilled CME gaps at $34,000 and $28,000, which may need to be addressed before the cryptocurrency can reach new highs, potentially at $71,000. Conclusion In conclusion, the current market analysis suggests a favorable environment for Bitcoin, with positive macroeconomic indicators, technical breakout signals, and increased purchasing confidence. However, investors should remain vigilant and consider the potential for corrections, as observed in Bitcoin's historical price behavior. Additionally, global market dynamics, including the possible implications of a USD downturn, should be closely monitored for their impact on Bitcoin's performance.

Comprehensive Analysis of $BTCUSD Price Movements, Halving Impac Introduction: This analysis explores critical factors influencing Bitcoin's price movements, including technical analysis, halving effects, trading setups, and recent market news. Technical Analysis - BTC/USDT Chart: Analyzing the BTC/USDT chart, a retracement to $34,000 is expected, forming a potential bull trap. Subsequent downward momentum is foreseen, reaching $29,000-$30,000, attracting smart money. Further projections include breaking resistances at $50,000, a brief pullback to $44,000 (CME gap zone), followed by a surge to $74,000. A correction to $55,000 ensues, paving the way for continued bullish trends to $81,000-$83,000. A substantial correction is anticipated thereafter. Halving Information: The impending Bitcoin halving introduces challenges before the event, emphasizing the need for strategic decision-making, especially in the context of emerging ETF developments. Trading Setups and Corrections: Current market dynamics reveal a correction phase nearing completion. Traders should monitor for potential entry points as this phase concludes, setting the stage for the next upward trajectory. Financial News Impact: Recent financial news highlights the launch of Salvadoran Bitcoin volcano bonds in Q1 2024 post-regulatory approval. This development could positively influence market sentiment, impacting Bitcoin's price dynamics. Ethereum's 2024 Prospects: JPMorgan forecasts Ethereum's outperformance over Bitcoin in 2024, adding complexity to the cryptocurrency landscape and emphasizing the importance of diversification. Conclusion: In conclusion, the analysis suggests a nuanced journey for Bitcoin, marked by retracements, bullish phases, and corrections. The impending halving, evolving trading setups, and external factors such as financial news and Ethereum's performance contribute to the dynamic nature of the cryptocurrency market. Traders are advised to exercise caution, stay informed, and adapt strategies to navigate the inherent volatility in the crypto space.

Decoding Gold Price Surge: Analyzing the Impact of Fed Signals and Identifying Profit Opportunities The recent surge in gold prices, climbing above $2,000, comes on the heels of significant signals from the Federal Reserve indicating potential rate cuts in 2024. As the precious metal takes center stage, our analysis unveils intriguing insights into the factors driving this upward trajectory. Analyzing the Surge: Gold's 1% increase, coupled with the Fed's indications of impending rate cuts, has sparked renewed interest in the precious metal. Understanding the dynamics behind this surge is essential for investors looking to capitalize on potential profit opportunities in the gold market. Key Insights: Fed Signals Impact: The Federal Reserve's announcement of potential rate cuts in 2024 has triggered a shift in market sentiment. Investors are turning to gold as a hedge against economic uncertainties, contributing to the price surge. Psychological Barrier Break: Surpassing the $2,000 mark is more than a numerical achievement. It signifies a psychological shift in investor perception, potentially paving the way for sustained bullish momentum in the gold market. Profit Opportunities: As gold continues its upward trajectory, strategic investors may find profit opportunities in both short-term and long-term positions. Setting realistic profit targets is crucial, with the current market conditions suggesting the potential for continued positive movement. Take Profit Strategy: Consider implementing a take profit strategy around key resistance levels, factoring in the psychological impact of breaking the $2,000 barrier. As gold reacts to market developments, remain agile in adjusting your strategy to optimize gains while managing risks. Target Price Projection: The anticipation of gold prices reaching $2,235 by the end of Q1 adds an additional layer to profit potential. Investors may strategically plan their positions with this target in mind, keeping an eye on market dynamics and adjusting strategies accordingly. Risk Considerations: While the gold market presents opportunities, it is not without risks. External factors such as geopolitical events, economic data releases, and shifts in central bank policies can influence gold prices. Stay informed and be prepared to adapt your strategy based on evolving market conditions. Conclusion: Gold's ascent above $2,000, coupled with the Fed's signals, positions it as a focal point for investors. Analyzing these dynamics, setting realistic profit targets, and considering risk management strategies are essential elements for those navigating the current landscape of the gold market. For real-time updates and deeper insights, continue monitoring reputable financial news sources and market indicators. Disclaimer: The information provided is for educational purposes and does not constitute financial advice. Always conduct thorough research and consult with a financial professional before making investment decisions.

We have confirmation of Double Bottom on 1Hour Timeframe and anticipated 47k mark is expected to occur within next few days.Trade closed manually: We failed to tap 45,000 resistance and retracement has taken place towards CME gap region position around 39k