AlienOvichO

🎯 #Bitcoin : Monthly Targets in Focus

🟢 $BTC 4-Year cycle is projected to conclude within the golden ratios, based on both 2010 & 2022 low, targeting 127K - 143K.

🚀 #Bitcoin : Weekly Bullish Continuation

🔵 $BTC holds above the 2024 peak range 73K without overlap, while the Stock RSI has completed a full reset, reinforcing the bullish momentum.

🟢Outlook: Over the next 6 months, $BTC is expected to rally into new ATH, with a potential target around 127K by October 2025.

#ElliottWave

📊 #Bitcoin : Next Move to 127K Still in Play!

🟠 The weekly divergence between the March 2024 and January 2025 peaks has driven the recent 2-month decline.

🔵 However, $BTC TC remains above the 2021 & 2024 peak range (73K), and the Stock RSI has undergone a full reset!

🔴 Outlook: Within the next 7 months, $BTC is expected to make a weekly move higher, creating another divergence and potentially peaking at 127K by October 2025, before a larger correction brings it down toward 50K.

🔑 Stay ahead of the market with these key insights!

#Bitcoin Low Probability Bullish Case

🔵A fast correction in Time & Price could support the idea of wave (4) pullback into the 38% area at 73K before a final leg higher in wave (5).

🔵 Holding above 2021 & 2024 Peaks range 73K - 62K is key for the next leg to be seen .

🔵 $BTC 4 year cycle still suggest a peak in October 2025 as long as price stays above 50K

#Bitcoin Conservative Bullish Case Update

🔴 $BTC Weekly close Below 90K
🔴 $BTC Weekly stock RSI Looking for lower levels.
🟢 Fast reset of Indicators within weekly oscillation while price remains above 70K is a bullish sign.

🗒️ Bitcoin could see relief bounce this month but as long as there is no full reversal with a close above 95K then it would turn into sideways to lower price action.

#Elliottwave

#Bitcoin $BTC filling CME gap at 77K then will be looking to fill the one at 94K before the next larger drop takes place.

🗒️Which majors coins held the previous range lows during $BTC drop ??

$ETH $BNB $XRP $XMR $LTC $TRX $FTM $SUI $SEI $APT $INJ $TON $TAO

➡️These coins & few others will see a strong bounce in short term when #Bitcoin makes a relief rally.

#Bitcoin $BTC Bounce failed and price closed last night below 92K which triggers the downside move !!

The correction against August 2024 will have all 3 different type of targets all coming around the same area where price is most likely to bounce :

➡️Fib Ret from the 8/5/2024

➡️Fib Ext from January Peak

➡️Double Top from December & January peaks

All targets ranging from $86426 to $72186 and you don't need to peak the next bottom. Just allow the market to create the reversal then it will be easier take the next leg higher.

#Bitcoin Weekly Volatility Index New Signal🚨

🗒️Every time the volatility index drops below 1 the market reacts strongly in the following weeks !!

In the last 12 Months, it gave 4 Different Important Signals so let's break it down 👇

🟢
January 2024 dropped below 1 then it was followed by the rally in March into All time Highs.

🔴
It Dropped below 1 in May, marked the Bottom in June around 0.5 leading into the August 2024 Dump.

🟢
Reached 1 In September, Marked the bottom in October around 0.7 then price rallied into November.

🟢
Reached 1 Late December then price rallied in second half of January

📊The new signal is currently in progress as it dropped again below 1 this month " February " so in the coming weeks we could see bottom followed by strong volatility in the price of $BTC

Up🔼or Down🔽?

#GOLD vs #Bitcoin

📊In the recent 12 Months, every time the correlation between them got into the negative -0.5 then turned positive again, the following 20 days ( average ) saw at least 20% rally in $BTC

↗️If a similar price action takes place in the coming weeks then it would push Bitcoin into new ATH above 115K next month !!

#Ethereum $ETH As long as price stays above $2800 then Weekly Higher Low is in place and will be followed by a new Higher High in the coming few months !!

$ETH can still see a move higher toward 3600 - 3700 area to finish a 5 waves advance then a 3 aves pullback can take place before resuming the rally #elliottwave #Ethereum #EthereumETFs

USDT Market Cap dominance ended the 3 waves bounce setting a new Lower High after reaching equal legs area 5.89% and retesting the weekly broken trendline. #Crypto #Bitcoin $BTC

#Bitcoin $BTC is currently showing an impulsive 5 waves advance from July low and it's already trading within wave 5 of (5) so I expect a 3 waves pullback to happen in the coming week after ending the current advance. I'm not suggesting to short it !! it will be interesting to see a correction taking place this week & it will present a new buying opportunity !!
#elliottwave #trading #Crypto

USDT Market Cap dominance Weekly trend remains lower since 2022 peak and it's currently in the process of setting a new Lower High before another move lower for a new Lower low toward 3% will take place #Crypto #Bitcoin $BTC

$BTC Dominance weekly chart isn't looking that good after basically hitting the main target around 57% in April, it turned to sideways price action within initial break of the uptrend taking place !!

The Dominance will reverse and trade lower back below 50% as the main Alt-season takes place !!

#crypto #Altseason

$BTC #Bitcoin Correction is in the process of setting the next Weekly Higher Low following 2022 and it entered the technical area for turn.

54K - 50K is going to be the battle ground for the coming weeks prior to the next leg to the upside by year end and 44K is the extreme case for this correction.

I'm still expecting 84K as Main target for this cycle but 101K - 127K are less likely depending how long it takes for new highs !!

$BTC Traded lower as expected this week into target area 64K - 62K from where a reaction higher is expected to take place !! #trading #elliottwave #Bitcoin

$BTC The scenario of a double correction lower toward 64K is still in play if ^rice breaks below 66K !!
No confirmation yet but if it happens then it's going to be a clear buying opportunity around that area !!

#MarketSentimentToday Looking for $BTC to hold the range low above 67K for a retest higher at $69K keeping the same daily range !! #Bitcoin