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Rocketbombtrading

Bitcoin in an Inverted Triangle – What’s Next?Hey, traders! 👋 Bitcoin is currently forming an inverted triangle, a pattern that often signals strong volatility ahead. Take a close look at the chart—I've marked key moments with different colored circles: 🟠 The price touches a key level. 🔴 After testing, the price drops sharply. 🟢 After testing, the price rises rapidly. The levels are clearly visible on the chart, but what happens next? That’s the big question! I’m not hinting at anything—this chart is open for interpretation. Everyone sees what they want to see, or maybe it helps deepen your own analysis. So, what do YOU see? Where is Bitcoin headed next? Let’s discuss in the comments! Thanks for Your attention🫶 Sincerely Yours, Kateryna 💛
COINBASE:BTCUSD
by RocketBomb
15
Bitcoin on 2h chart Hello, dear friends! Welcome to my page🫶 Today, let's take a look at the Bitcoin chart on the 2-hour timeframe. There is a fascinating pattern emerging that I'd like to discuss. 🧐 I've drawn long-term support and resistance lines that have been forming since February and March of this year. Today, Bitcoin is attempting to break through a descending trendline. For many, this might seem like a bullish signal, but let's not jump to conclusions just yet. On the 2-hour chart, we can see that the price continues to form a rising wedge, which is typically considered a bearish signal, often resulting in a downward breakout. At this moment, I see the possibility of the price rising into the blue zone, followed by a sharp decline. To provide a clearer picture, I'll also include a more long-term chart so you can better understand my analysis. What are Your thoughts? How are You feeling about the market? Where do You think the price will go next? Share Your insights in the comments, I'm looking forward to hearing from You. Thanks for Your attention💋 Always Yours, Kateryna💙💛
BINANCE:BTCUSDShort
by RocketBomb
46
Bitcoin's Symmetrical Triangle Hi friends, whenever I have a moment of free time, I immediately come to share my thoughts on Bitcoin's price movement with You🩷 Since February 24th, Bitcoin has been forming a technical pattern known as a symmetrical triangle, often seen as a sign of market indecision. This pattern is characterized by the price oscillating between converging support and resistance lines, indicating a balance of buying and selling pressures. Currently, Bitcoin's price is fluctuating within this triangle, gravitating towards the upper resistance line. As the apex of the triangle approaches, the market's uncertainty could culminate in a decisive move. Given the historical behavior of similar patterns, it is plausible that we may witness a sharp price decline soon, potentially reaching levels as low as $60,000 to $58,000. This anticipated move aligns with the technical analysis principles, where symmetrical triangles often precede significant price breakouts or breakdowns. Traders should monitor these key support and resistance levels closely and consider the broader market context and potential external factors that could influence Bitcoin's price action. What do You think? What can we expect after the formation of this triangle? It's certain that there will be a strong movement, but will it go up or down? Thanks for Your attention 🫶 Truly Yours, Kateryna💋
COINBASE:BTCUSDShort
by RocketBomb
20
BTC on 6h chart Hello, my dear friends!🫶 I’m so happy to see You here again! I’m especially grateful for Your feedback—some of You mentioned, that were waiting for me and missed me.🥲 Your words truly touched my heart—thank You so much!😊 I’m thrilled to be drawing charts for You once again; every post I share here holds a piece of my soul. Thanks for Your support—it means the world to me!💋 🔴 We’re currently sitting between a major resistance level (a trendline dating all the way back to 2017) and strong support at 72,000.🔴 The price is at a fascinating crossroads: if the 96–94–93 levels hold and the price consolidates there, we could see a climb toward the significant resistance zone (marked by the pink 🟣 dot) at 107–108k. From there, it’ll be crucial to watch closely—if the price breaks through those levels with ease, a rally could be in the cards.🚀 However, if the 96–94–93–92 levels fail to hold, we’re likely in for a deeper correction. In that case, we could see the price drop to the support zones at 86k, or possibly even lower, to 77k–73k.📉 Thank You for being part of this amazing community—it’s a privilege to share ideas and grow alongside You all. No matter what the charts look like, stay focused, stay patient, and keep believing in your abilities. Success belongs to those who persevere. Always sincerely yours, Kateryna 💙💛
BITSTAMP:BTCUSD
by RocketBomb
2
Ethereum on the 6-Hour ChartHello, dear friends!💋 Ethereum's 6-hour chart is currently showcasing a Head and Shoulders (H&S) pattern, one of the most well-known reversal patterns in technical analysis. This setup could signal a potential trend shift, making it a critical moment for traders to keep a close eye on. What is a Head and Shoulders Pattern? The H&S pattern consists of three peaks: Left Shoulder: A rise followed by a small dip. Head: A higher peak, marking the top of the pattern, followed by another dip. Right Shoulder: A smaller rise, typically symmetrical to the left shoulder. The "neckline" connects the lows of the two dips (between the head and the shoulders) and serves as the key level to watch. Why Is This Pattern Important? The Head and Shoulders pattern often indicates a shift from an uptrend to a downtrend. It suggests that buyers are losing momentum and sellers are beginning to take control. How to Trade the Head and Shoulders Pattern 1️⃣ Wait for the Breakout The pattern is not confirmed until the price breaks below the neckline. A breakout is typically accompanied by increased volume, which adds credibility to the move. 2️⃣ Set Your Entry Once the neckline is broken, you can enter a short position (or sell if you're holding ETH). Conservative traders may wait for a retest of the neckline as resistance before entering the trade. 3️⃣ Measure the Target The potential price target is calculated by measuring the distance from the top of the head to the neckline. Subtract this distance from the neckline to estimate the price drop. 4️⃣ Set Your Stop-Loss Place your stop-loss above the right shoulder to limit risk in case the pattern fails. If the neckline breaks, this could lead to a significant move lower, presenting a lucrative trading opportunity. However, patience is key—wait for confirmation before taking action. Always use proper risk management, as false breakouts can occur. Ethereum's price action is heating up, and this Head and Shoulders pattern might just be the setup savvy traders have been waiting for. Stay sharp and trade wisely! Stay tuned for updates, and let me know your thoughts in the comments. Sincerely Yours, Kateryna 💛
BINANCE:ETHUSDShort
by RocketBomb
2
What’s a Double-Top and How Do We Trade It? Hey there, friends! 👋 Let’s take a look at what’s happening with Bitcoin right now. A double top is a bearish pattern that signals a potential trend reversal. It happens when price fails to break resistance twice, forming two peaks at a similar level, with a neckline (support) between them. How do we trade it? ✅ Short entry – after the neckline breaks (a retest of the neckline makes the setup even stronger). ✅ Stop-loss – above the second peak, in case of a fake breakout. ✅ Profit target – measure the height from the peak to the neckline and project it downward from the breakdown point. Extra confirmations: If RSI shows bearish divergence, that’s an extra clue the trend is weakening. Increasing sell volume on the breakdown makes the move more reliable. Key Levels to Watch 📍 Resistance: $100K–$102K – Bitcoin needs to break this zone for bulls to regain control. 📍 Support: $90K – This is the first critical area; losing it could accelerate the drop. 📍 Major Support: $84K – A key decision point for whether we see a bounce or further decline. What’s Next? 🔹 Bullish case: If BTC holds $84K and shows strength, we could see a move back toward $100K. 🔻 Bearish case: If the double-top pattern plays out and BTC loses $90K, we could be looking at a drop to $80K–$76K. 💬 What’s your take? Will Bitcoin bounce or keep dropping? Let’s discuss in the comments! 🚀 Stay tuned, my dear friends😍! Always Yours, Kateryna 💛
BITSTAMP:BTCUSDShort
by RocketBomb
Let’s be realistic...Hello, dear friends! 🫶What to Expect After the Correction?🧐 Let’s be realistic —at this point, it’s nearly impossible to predict with 100% certainty where Bitcoin will go after the correction.🤷🏽‍♀️ I know many of us are hoping for a new bull run (myself included), but unrealistic expectations can be far worse than sober analysis . That’s why I suggest we consider a few possible scenarios to protect ourselves and prepare for any outcome. Here’s the plan I’ve laid out for You today: Daily Chart Analysis The current Bitcoin price action appears to be in a distribution phase. If this phase plays out fully, we could see the price drop to around $85,000. What happens next? After reaching this level, the price is likely to bounce upward. This could be an opportunity for cautious long trades. Scenario 1: Bullish The $100,000–$102,000 zone will be a critical threshold. If the price confidently breaks above this level, it will signal bullish sentiment in the market, paving the way for further growth. The next major resistance level to watch is $108,500. This is a key level that must be overcome for the bull run to continue. However, be cautious of fake breakouts—they happen frequently and can trap traders. If we break through these levels and the rally continues, then… to the moon! 🚀 Scenario 2: Bearish We can’t ignore the bearish scenario—being informed is being prepared. After the correction (potentially to $85,000), we might see the price bounce back to the $100,000–$102,000 zone. In my view, this level will be critical. If the price fails to hold above this zone and heads into a deeper correction, it will signal bearish sentiment and dominance of the bears in the market. Personal Observations In times of uncertainty, emotions run high. Everyone expects growth, and when someone draws downward arrows on the chart, it often sparks aggression. Let’s try to be kinder and more tolerant toward each other—it’s just the market, after all. What’s Your Take?What scenario do You see playing out? Do You have your own charts to share? Drop them in the comments—I’d love to see Your perspectives! Always Yours, Kateryna 💛
BITSTAMP:BTCUSD
by RocketBomb
5
Bitcoin: Current Price Action & Key LevelsHey everyone! 👋 Let’s break down what’s happening with Bitcoin’s price and the key levels we need to watch. Current Market Outlook After a period of stagnation, Bitcoin has finally broken out of its range and is showing active movement. The price continues to form an inverted wedge, indicating high volatility and the potential for a sharp move soon. Right now: ✔ The price has tested key resistance levels and faced strong selling pressure. ✔ Trading volumes remain below average, suggesting indecision among market participants. ✔ The futures market shows increasing interest in short positions, reflecting cautious sentiment. 🔑 Key Levels to Watch 📍 Resistance: $110,000–$112,000 – A crucial zone; a breakout could confirm a bullish move. 📍 Support: $90,000 – The nearest level that could prevent further decline. 📍 Major Support: $85,000 – A potential target if the correction deepens. 📊 Possible Scenarios 🔹 Bullish Scenario: If Bitcoin holds above $112K, we could see new highs and continued upward momentum. 🔻 Bearish Scenario: If the price loses $90K, the decline could accelerate, leading to a test of $85K. ⚠ Reminder! In times of uncertainty, proper risk management is crucial—watch volume trends and avoid making emotional decisions. 💬 What’s your take? Where do you see Bitcoin heading next? Drop your thoughts in the comments! 🚀 Stay tuned and let’s watch how this unfolds! Your Kateryna💋
BITSTAMP:BTCUSD
by RocketBomb
4
Bitcoin at a Crossroads: Key Levels & Market Outlook Bitcoin is once again at a critical juncture, facing major resistance while testing crucial support levels. With the market moving cautiously, let’s break down the key levels, possible scenarios, and the broader context shaping Bitcoin’s price action. Bitcoin has had a remarkable journey, recovering from past corrections and proving its resilience time and time again. From the 2021 bull run that took BTC to $69K, to the deep corrections of 2022, and the resurgence in 2023–2024, each phase has been a lesson in volatility, accumulation, and distribution. Now, in 2025, Bitcoin is testing psychological levels above $100K, a number that once seemed impossible but is now a key battleground for bulls and bears. The question is—will BTC break higher, or are we due for another correction? 📍 Critical Price Levels 📌 Resistance: $100,000–$102,000 – This is a pivotal zone. A confirmed breakout with strong volume could reinforce bullish momentum and signal further price discovery. 📌 Support: $90,000 – The key demand area. Losing this level could shift momentum toward the bears. 📌 Major Support: $85,000 – A crucial liquidity zone. If Bitcoin enters an extended correction, this level could serve as a key structural support. Possible Scenarios: 🔹 Bullish Outlook If Bitcoin can decisively break and hold above $100K, supported by strong volume and positive market sentiment, it could pave the way for continued upside. Historically, breakouts above major psychological levels have triggered aggressive price expansion, potentially sending BTC toward $108K–$110K and beyond. 🔻 Bearish Outlook A failure to hold $90K, particularly with increased sell-side volume, could accelerate downside movement. If liquidity sweeps below this level, Bitcoin might retest $85K, where institutional buyers could step in. A deeper correction could temporarily shake confidence, but past cycles have shown that such pullbacks often lead to stronger rallies. Beyond technicals, several fundamental factors are influencing Bitcoin’s trajectory: ETF Inflows & Institutional Demand – The growing adoption of Bitcoin ETFs has driven institutional interest, contributing to price stability and long-term accumulation. Global Economic Uncertainty – With inflation concerns and central bank policies fluctuating, investors continue to see Bitcoin as a hedge, similar to gold. Regulatory Developments – The US and EU are shaping new crypto regulations, which could impact market behavior and sentiment. 💬 What’s Next? Your Thoughts? Bitcoin is at a defining moment—are we gearing up for a bullish continuation, or is a correction on the horizon? Let me know what You think in the comments! 🚀 Stay tuned and trade wisely! Your Kateryna😍
BINANCE:BTCUSD
by RocketBomb
2
Bitcoin’s price has finally started movingHello, dear friends!🩷 I’m so glad to see You here! After a week of stagnation, Bitcoin’s price has finally started moving—it’s heading downwards, continuing to form an inverted triangle, or as some might call it, an inverted wedge! I believe that in the near future—perhaps a day or two—we might see Bitcoin at $90,000. Whether the price will continue to drop after that is still unclear, so we’ll keep a close eye on how it develops. How are You doing? Where do You think Bitcoin is headed in the near term? Do You agree with my analysis, or do You have a different opinion? Share Your thoughts in the comments—I’d love to hear them! Thanks for Your attention🫶 Sincerely Yours, Kateryna 💛
BITSTAMP:BTCUSDShort
by RocketBomb
1
ARTY/USDHello, dear friends!🩷 Today, I wanna introduce You a cryptocurrency that, deserves Your attention! ARTY is a deflationary cryptocurrency and governance token within the Artyfact ecosystem, a blockchain-based gaming platform that combines elements of the metaverse and GameFi. Key Features of ARTY: 🎮 ARTY is used to purchase in-game items represented as NFTs and participate in various platform activities. This shows that the token has a clear purpose and utility. 🗳 ARTY holders can take part in decision-making processes that shape the platform’s development and future, which builds trust in the project. 🔥 Token-burning mechanisms and revenue distribution from NFT sales help sustain and increase the value of ARTY over time. After exploring the project, I decided to add this token to my medium-term portfolio. It seems to have significant potential, especially considering its market capitalization is only $16 million, with 80% of all AMEX:ARTY tokens already in circulation. Looking at the chart, the price has formed a large triangle, and within it, a smaller triangle is nearing completion. It’s likely that the price will break upward, potentially reaching $2, followed by a retest of the dynamic support (the large triangle’s trendline). From there, the price could have a chance to reach $3.5. Are You familiar with this token? What do You think? Does it look promising? Share Your thoughts in the comments! Thanks for Your attention🫶 Yours, Kateryna 💛
ALong
by RocketBomb
What could trigger such a sharp price move?Hello, my dear followers!💋 I hope You're all doing well and You had an amazing weekend!🫶 But now, let’s get back to our favorite topic: BITCOIN.😉 When can we expect a strong price movement? Such a move would present a huge opportunity for all of us!🙌🏻 What have I drawn on the chart, You ask? Let’s break it down! The chart I’m showing you is a 2-hour timeframe. Since December 17, 2024, Bitcoin has been moving in a downtrend, which means that as long as the price remains within the triangle I’ve outlined, the medium-term trend is bearish. From the first sharp drop to the second sharp drop, there are 245 candles. Based on this, we can roughly estimate that the next significant price movement might occur within the same range of time—around the area marked by the yellow circle on the chart! What could trigger such a sharp price move? The inauguration of the new U.S. President and their first days in office could be the catalyst. Following the inauguration, the market may react strongly to any statements or executive orders. What will it be? Nobody knows, but I believe it’s going to be intense! What Did Trump Promise Regarding Cryptocurrency? Before the elections, Trump’s stance on cryptocurrency was a hot topic. He previously expressed skepticism about Bitcoin and other cryptocurrencies, stating that he preferred a strong U.S. dollar as the global reserve currency. However, during his campaign, he hinted at introducing stricter regulations for the crypto market to ensure transparency and prevent illegal activities. At the same time, Trump also acknowledged the potential of blockchain technology for improving financial systems. If he follows through with his promises, we might see a combination of increased regulation and blockchain adoption initiatives, which could create significant volatility in the crypto market. What do You think?🧐 Drop Your thoughts in the comments below! Thanks for Your attention💋 Sincerely Yours, Kateryna🩷
BINANCE:BTCUSD
by RocketBomb
40
Black Swans? Bitcoin and Key Levels AheadHello, dear friends!🩷 I hope You all had an amazing holiday season and wrote down Your wish lists for the year ahead. For me, my biggest wish is peace in my country and the chance to sleep peacefully at night. I pray that a larger-scale war never breaks out, as the world feels like it’s hanging by a thread. But let’s set that aside for now and take a look at Bitcoin’s 6-hour chart, which is showing a very intriguing setup. The price is once again aiming to test the 92k level—a key support zone I’ve highlighted in previous posts. Most likely, the price will bounce off this level and recover slightly to the 97–98k range before continuing its decline. In the medium term, there’s a chance we could see Bitcoin drop to 90k, 87k, or even as low as 84k. If no “Black Swan” events (as many global media outlets have been speculating about) occur, we might see growth instead. However, it’s too early to say for sure—we’ll have to keep monitoring the situation. Have You heard about some of these potential Black Swans? ● Geopolitical Conflicts Escalation of current conflicts or the emergence of new ones (e.g., in Asia or the Middle East). Rising tensions between major powers like the U.S. and China. Sudden regime changes in strategically important countries. ● Economic Crises Collapse of major banks or financial institutions. Sharp interest rate hikes or defaults by heavily indebted nations. A new wave of inflation or a global recession. ● Technological Disruptions Breakthroughs in AI destabilizing labor markets or sparking social unrest. Major cyberattacks on infrastructure, financial systems, or governments. Challenges in adopting new technologies in energy or transportation. ● Environmental Disasters Accelerating climate change causing devastating weather events. Large-scale ecological accidents, like oil spills or nuclear incidents. Global issues with access to fresh water or food supplies. ● Pandemics or Biological Threats The emergence of new viruses or mutations of existing ones spreading rapidly. Biological attacks or lab leaks. ● Social and Political Upheaval Mass protests or revolutions in key regions. The rise of populism and anti-globalist sentiment. Migration crises caused by wars or climate change. ● Unexpected Events in the Crypto Market Regulatory bans or sudden changes in crypto legislation. Collapse of major exchanges or projects. Rapid adoption of Central Bank Digital Currencies (CBDCs) and their impact on the crypto market. If You ask for my opinion, Black Swans aren’t something you can talk about or predict—that’s why they’re called Black Swans! They happen precisely because they’re impossible to foresee. They strike when no one is expecting them! What do you think? Are You bracing for a market crash, or are you feeling optimistic? Stay tuned for updates, and let me know your thoughts in the comments. Let’s navigate this market together!💪 Sincerely Yours, Kateryna 💛
GEMINI:BTCUSDShort
by RocketBomb
13
Is the Distribution Phase Coming to an End?Hey there, traders! 🖐🏼 Let’s talk about distribution—a critical phase in the market cycle that often signals a potential reversal from an uptrend to a downtrend. If You’ve been following Bitcoin’s price action since late 2024, You’ve probably noticed some classic signs of distribution. Let’s dive into what’s happening and how it might shape the market’s next big move! What is Distribution? Distribution is a phase where large players (whales, institutions) gradually offload their holdings to retail traders at higher prices. It typically occurs after a strong uptrend, as the market begins to lose upward momentum. Here’s how distribution looks on the chart: Sideways Movement: The price trades in a range after a strong rally. Lower Highs: Each attempt to break higher fails, forming a descending resistance line. Deccreasing Volume: Buyers lose steam, and trading activity starts to decline. False Breakouts: The price temporarily breaks above resistance but quickly reverses, trapping late buyers. Each upward move has been accompanied by lower volumes, suggesting a lack of buyer conviction. What Comes Next? If Bitcoin breaks below $90K with strong volume, we could see a sharp move lower, potentially targeting the $84K–$86K range. This would confirm the start of the markdown phase, where prices decline as sellers dominate the market. Bitcoin is at a pivotal moment. Whether the price breaks down into a markdown phase or rebounds into a new uptrend depends on how it behaves around these key levels. As always, patience is key! Remember to manage Your risk and trade responsibly! What do You think? Are we nearing the end of the distribution phase, or is Bitcoin gearing up for a bounce? Let me know in the comments! Happy trading! Your Kateryna💋
BITFINEX:BTCUSDShort
by RocketBomb
Bitcoin Market CycleHello, dear friends!🩷 Much has been said about Bitcoin cycles, and you've seen many charts, including mine! But today, I'll summarize everything that has been said before: briefly and clearly!So... What Defines the Bitcoin Market Cycle? The Bitcoin market cycle signifies the repetitive trend of price movements within the Bitcoin market, marked by alternating phases of appreciation and depreciation. These fluctuations stem from the perceptions and actions of market participants, involving buying and selling, and are influenced by various factors including market sentiment, regulatory shifts, technological advancements, and broader economic conditions. Historically, Bitcoin has adhered to a four-year cycle closely tied to Bitcoin halving events, occurring roughly every four years. A halving event entails a 50% reduction in the Bitcoin reward miners receive for validating transactions; consequently, the rate of Bitcoin supply growth slows down. This often triggers a significant price surge, assuming the demand for Bitcoin either remains constant or increases post-halving. The upcoming halving is slated for April 2024, where the block reward will decrease to 3.125 bitcoins. The chart below illustrates the cyclic nature of Bitcoin's price and its historical patterns. What Constitutes the Phases of the Bitcoin Market Cycle? Phase 1 – Accumulation This phase emerges when prices are low, yet there are early indications of growth. It's a period where buyers accumulate Bitcoin at lower prices, representing a pinnacle of financial opportunity. Typically, bearish sentiment prevails in the market, resulting in low trading volumes and prices fluctuating within a narrow range, often near the bottom. Phase 2 – Continuation (growth) During this phase, the price continues its ascent towards the all-time high. Historically, a halving event occurs here, coinciding with diminishing exchange reserves as buyers stockpile supply in anticipation of surging prices and new record highs. Phase 3 – Parabolic (bubble) As the price surpasses the previous all-time high, it begins to rise exponentially, leading to a new all-time high that significantly exceeds the previous peak. This phase is marked by extreme volatility, with rapid price spikes followed by substantial corrections. Sell volume increases as some investors lock in profits, while others continue buying, believing the bull market has further potential. Consequently, price volatility diminishes as buying and selling volumes begin to balance, amid a backdrop of overconfidence. Many investors may perceive the Fear & Greed Index as signaling Extreme Greed during this phase. Phase 4 – Correction (crash) Following the euphoria of the Parabolic phase, the market undergoes a major downward correction. Previous bear market periods have witnessed approximately 80% drawdowns from the peak, with negative price movements lasting for roughly a year. For instance, the most recent downturn saw Bitcoin's price plummet from an all-time high of $69,000 (November 2021) to $15,476 (November 2022). I hope You found it interesting. If yes, boost this post 🚀 so others can see it too, and subscribe to stay connected. Always sincerely Yours, Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
9
The cyclic nature of Bitcoin's price Hello, dear friends! Much has been said about Bitcoin cycles, and you've seen many charts, including mine! But today, I'll summarize everything that has been said before: briefly and clearly!So... What Defines the Bitcoin Market Cycle? The Bitcoin market cycle signifies the repetitive trend of price movements within the Bitcoin market, marked by alternating phases of appreciation and depreciation. These fluctuations stem from the perceptions and actions of market participants, involving buying and selling, and are influenced by various factors including market sentiment, regulatory shifts, technological advancements, and broader economic conditions. Historically, Bitcoin has adhered to a four-year cycle closely tied to Bitcoin halving events, occurring roughly every four years. A halving event entails a 50% reduction in the Bitcoin reward miners receive for validating transactions; consequently, the rate of Bitcoin supply growth slows down. This often triggers a significant price surge, assuming the demand for Bitcoin either remains constant or increases post-halving. The upcoming halving is slated for April 2024, where the block reward will decrease to 3.125 bitcoins. The chart below illustrates the cyclic nature of Bitcoin's price and its historical patterns. What Constitutes the Phases of the Bitcoin Market Cycle? Phase 1 – Accumulation This phase emerges when prices are low, yet there are early indications of growth. It's a period where buyers accumulate Bitcoin at lower prices, representing a pinnacle of financial opportunity. Typically, bearish sentiment prevails in the market, resulting in low trading volumes and prices fluctuating within a narrow range, often near the bottom. Phase 2 – Continuation (growth) During this phase, the price continues its ascent towards the all-time high. Historically, a halving event occurs here, coinciding with diminishing exchange reserves as buyers stockpile supply in anticipation of surging prices and new record highs. Phase 3 – Parabolic (bubble) As the price surpasses the previous all-time high, it begins to rise exponentially, leading to a new all-time high that significantly exceeds the previous peak. This phase is marked by extreme volatility, with rapid price spikes followed by substantial corrections. Sell volume increases as some investors lock in profits, while others continue buying, believing the bull market has further potential. Consequently, price volatility diminishes as buying and selling volumes begin to balance, amid a backdrop of overconfidence. Many investors may perceive the Fear & Greed Index as signaling Extreme Greed during this phase. Phase 4 – Correction (crash) Following the euphoria of the Parabolic phase, the market undergoes a major downward correction. Previous bear market periods have witnessed approximately 80% drawdowns from the peak, with negative price movements lasting for roughly a year. For instance, the most recent downturn saw Bitcoin's price plummet from an all-time high of $69,000 (November 2021) to $15,476 (November 2022). What maximum price of Bitcoin do you expect this or next year? I hope You found it interesting. If yes, boost this post 🚀 so others can see it too, and subscribe to stay connected. Always sincerely yours, Kateryna💙💛
BITSTAMP:BTCUSDLong
by RocketBomb
8
5 Mistakes to Avoid When Trading Futures(My Personal Experience)Hi everybody🫶 Many of You have been asking about trading futures! So, I decided to write a post about the mistakes I’ve made in futures trading and how to avoid them. Of course, everyone has their own journey and will make their own mistakes, but learning from someone else’s experience can be incredibly valuable too! Trading futures can be highly rewarding, but it also carries significant risks. Based on my own experience, here are five common mistakes I made and how to avoid them: 1. Ignoring Stop-Losses Mistake: Many traders skip setting stop-losses, hoping the price will reverse in their favor. This can lead to devastating losses. How to avoid it: Always set stop-losses before entering a trade. They are a simple yet effective way to limit losses. If you're worried about stop-hunts, place them considering market volatility or use trailing stops. 2. Overusing Leverage Mistake: High leverage can amplify profits, but it also significantly increases potential losses, especially in volatile markets. How to avoid it: Use minimal leverage, particularly if you're a beginner. Calculate your position size so that any potential loss does not exceed 1-2% of your capital per trade. 3. Trading Without a Clear Plan Mistake: Trading based on emotions or intuition often leads to chaotic decisions and loss of capital. How to avoid it: Develop and stick to a clear trading plan. Define your entry and exit points, position size, and risk levels before opening a trade. Regularly review and analyze your results. 4. Neglecting Risk Management Mistake: Putting too much capital into a single trade or failing to account for market volatility can result in substantial losses. How to avoid it: Diversify your positions and follow the rule: never risk more than 2% of your total capital at once. Assess current market volatility and adjust your position size accordingly. 5. Letting Emotions Drive Your Trades Mistake: Greed, fear, or the urge to "get even" can lead to impulsive and poorly thought-out decisions. How to avoid it: Stick to your pre-defined strategy instead of reacting emotionally. If you feel emotions taking over, take a break. Trading requires discipline and a calm mindset. Avoiding these mistakes and following these tips, which come from my personal experience, can help you reduce risks and improve your chances of success in futures trading. Remember, the market is always full of opportunities, stay calm to catch them! Thank You for staying with me Sincerely yours, Kateryna💋
Education
by RocketBomb
A Short-Term Dip to $2 on the Horizon?Hello, dear friends! 🫶Let's take a look at the latest analysis of XRP. Based on the current chart patterns, it seems we might see a short-term price drop to the $2 level before the next potential move unfolds. Looking at the chart, we can observe that XRP is currently facing resistance at higher levels, with selling pressure keeping the price from breaking out. The structure suggests a potential retracement towards the $2 support zone, which aligns with historical price action and key Fibonacci levels. This correction could provide a fresh opportunity for those waiting to re-enter the market or add to their positions. However, it’s crucial to watch how the price reacts around the $2 mark, as a strong bounce could signal the start of a new upward move. As always, patience is key in trading. If the price does dip to $2, it could serve as a foundation for the next bullish leg. Stay cautious, manage your risk, and keep an eye on the updates! Thanks for Your support, and let me know Your thoughts in the comments! Sincerely yours, Kateryna🩷
Short
by RocketBomb
3
Bitcoin in short - term Hello, dear friends! It’s Kateryna here with You again! I'm so happy to reconnect with You all! It’s amazing to see the market coming back to life after years of stagnation.🙌🏻 I hope You're doing well and riding the waves of price action like pros, haha!😁 I’m also trying to keep up, despite a tough autumn and winter in my country.😞 Honestly, trading without this platform and the incredible community here feels dull and uninspiring. I truly miss the energy of the last bull run when I found so many like-minded people and made friends I’m still in touch with today!🫶 Let’s keep sharing ideas and supporting each other—it’s such a fantastic feeling to be part of this community!🚀 Now, about Bitcoin’s short-term price action: I see a potential price drop to the support levels of 96,500–95,500. It’ll be crucial to closely watch how the price develops in the following days. At the same time, we shouldn’t rule out the scenario where Bitcoin breaks through the short-term descending resistance line, giving it a chance to climb higher within the channel. On the chart, You’ll notice what I mean if You look at the comparison of previous price movements (marked with pink and blue dots). What do You think, dear friends?🧐 What’s Your outlook for Bitcoin in the near future? I’d love to hear Your thoughts—share Your comments or post Your charts!🙏 Yours always, Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
22
The cyclical nature of Bitcoin by RB Hello, dear friends!😊 I present to Your attention a weekly chart of Bitcoin, which includes price action since 2016, helping us to see a more complete picture and forecast further price behavior.👍 Today, let's focus our attention on the cyclical nature of Bitcoin . The cyclical nature of Bitcoin is a concept based on observing repetitive patterns and phases in its price dynamics. On the chart, You can see a huge ascending broadening wedge, which I marked in white 🤍. The price has been within it since 2016. 😳 At the moment, it can be assumed that the price is aiming for the upper boundary of this wedge. 🚀 Inside this wedge, I noticed a very interesting regularity, which I'm eager to share with You.❤️ For the THIRD time, every three years, after the distribution phase (marked in orange), the price follows a significant rise of 550 percent, followed by the formation of a descending wedge, which ends with the same distribution phase and subsequent rise. If we assume that this cyclicality is true and will repeat more, then by the end of this year or the beginning of the next, Bitcoin could reach $160,000.😱 🧐What do You think about this? Is this scenario realistic? What are You waiting for and what are You counting on? Share Your thoughts with me in the comments!🙏 Thanks for Your attention🫶 Always sincerely Yours, Kateryna💙💛
BITSTAMP:BTCUSDLong
by RocketBomb
14
Bitcoin has been stuck in a triangleHello, dear friends🫶 How are You doing here? Since February 24, 2024, Bitcoin has been stuck in a triangle pattern, moving only within its boundaries. This is a pattern of uncertainty that can easily mislead traders. The key to understanding the next direction lies in a potential breakout—though caution is advised, as false breakouts can occur. Currently, the price is moving within the triangle towards resistance levels around $67,000 to $68,000. We'll need to keep a close eye on the price action as it approaches these levels. As for a potential bull run, I don't see any strong signals indicating a significant price increase at the moment. For now, I suggest focusing on short-term prospects and closely monitoring the market's behavior. Let's stay cautious and wait for clearer signs before making any major moves. Always stay informed and trade wisely🫶 Your Kateryna💙💛
COINBASE:BTCUSD
by RocketBomb
6
Bitcoin's Next Move: A Surge or a Dip?Potential Scenarios for Bitcoin Price Movement Scenario 1: Temporary Growth Followed by Significant Decline In this scenario, Bitcoin's price experiences a moderate increase, reaching resistance levels around $72,000. This level is significant as it has previously acted as a psychological barrier and technical resistance point. Traders and investors are likely to closely monitor this zone for potential profit-taking and market reaction. After hitting this resistance, Bitcoin might face a sharp correction, driving its price down to the $60,000 - $56,000 range. This decline could be attributed to several factors, such as: 💥A wave of selling pressure from traders locking in profits at the resistance level. 💥Changes in global financial markets or negative news impacting investor confidence. 💥Announcements or developments that create uncertainty around cryptocurrency regulations. In more extreme cases, the price could even drop to $52,000. This deep retracement would likely shake out weaker hands and create a more robust foundation for future price movements. Such a decline could also attract new investors looking to buy Bitcoin at a perceived discount. Scenario 2: Continuous Growth Leading to New Highs Alternatively, Bitcoin's price could break through the $72,000 resistance and continue its upward trajectory. In this scenario, the price reaches and surpasses $73,000, fueled by strong bullish sentiment and favorable market conditions. Key factors supporting this upward movement might include: 💥Growing acceptance of Bitcoin by institutions and mainstream financial entities. 💥Developments such as ETF approvals, partnerships, or technological advancements within the Bitcoin network. 💥 A positive feedback loop where rising prices attract more buyers, further driving the price up. Upon breaching the $73,000 mark, Bitcoin could experience a rapid ascent to $88,000. This surge would likely be driven by a combination of FOMO (fear of missing out) among retail investors and strategic buying by institutional players. Both scenarios highlight the volatility and potential of Bitcoin's price movements. For investors and traders, understanding these possibilities is crucial for making informed decisions. Scenario 1 suggests caution, as the market might be on the verge of a significant correction after reaching the $72,000 resistance. Investors should be prepared for potential downside risks and consider strategies such as setting stop-loss orders or taking profits at key levels. Scenario 2 presents a more optimistic outlook, with the possibility of new all-time highs. Investors should stay informed about market trends and news, as these can significantly impact Bitcoin's price trajectory. In this bullish scenario, holding positions or even increasing exposure to Bitcoin could prove beneficial. In both scenarios, market participants should remain vigilant and adaptive, ready to respond to changing conditions in the highly dynamic cryptocurrency market. 🧐Which Scenario Do You Lean Towards? Share Your thoughts in the comments!🙏 Thanks for Your attention🫶 Always sincerely Yours, Kateryna💙💛
COINBASE:BTCUSD
by RocketBomb
7
One more short before... Hello, friends! 💙💛 In recent days, Bitcoin has shown significant growth, attracting the attention of many investors and traders. But are You ready for a possible price drop before the next surge? Let's dive deeper. On the hourly chart, Bitcoin's price has risen to new heights, but it is now trading close to a key support level. It's anticipated that before any further upward movement, the price might dip to the $60,500 level. This level is a crucial support that could become the launchpad for a new strong upward move. What Should You Consider? Support and Resistance Levels: The $60,500 level acts as significant support. If the price reaches and holds this level, it could signal the preparation for a new powerful upward movement. Historical Data: Historical data shows that such corrections are common before strong bullish moves. This might be an opportunity for those looking for optimal entry points. Action Plan: 🔶 Monitor the $60,500 Level: If the price drops to this level, it could be a good opportunity to enter the market. 🔶 Analyze the Market: Use various analytical tools to confirm your expectations. 🔶 Be Ready for Volatility: The cryptocurrency market is known for its volatility, so be prepared for unexpected changes. Let’s watch the developments together! Your thoughts and comments are always welcome.🫶 Thanks for Your attention and support! Always Yours, Kateryna🩷
COINBASE:BTCUSDShort
by RocketBomb
18