MACROSENTIMENT
Macrosentiment Analysis – BTC/USDT
Current Market Structure:
Bitcoin appears to have found a strong bottom around the $74,000 level, which historically has acted as a key support zone. This area was anticipated months ago as a likely retest zone in the event of a correction — specifically between $70,000 to $75,000. We are now beginning to see bullish candles forming, signaling renewed momentum.
📈 Upside Targets:
If bullish momentum continues and volume sustains, BTC is potentially on track to climb toward the $140,000–$150,000 range as the ultimate macro target.
However, several key resistance levels need to be broken first:
$88,000 – Major immediate resistance
$95,000 – Secondary resistance
$100,000 – Psychological and historical milestone; likely to be the toughest barrier
It's important to note:
➡️ Without a clear breakout above $88,000, BTC will struggle to approach $95,000
➡️ Without breaching $95,000, we are unlikely to challenge the $100,000 level
📉 Downside Support Levels:
In case of a pullback, the key support levels to monitor are:
$85,000 – Currently holding
$80,000
$74,000
$70,000
Breaking below any of these levels would signal a weakening structure and could suggest the formation of lower lows and a shift toward a bearish trend.
📌 Summary / My View:
BTC remains in an uptrend, with this week’s candle opening green, and the $85,000 support holding firm — both are strong bullish signs.
Volume remains the primary driver of continuation.
Until we clear $88,000, the upside remains limited.
📍Implication for Altcoins:
Since many traders gauge BTC’s momentum to time their altcoin entries:
✅ I have personally entered a few altcoin positions based on current bullish confirmation.
The market structure suggests growing strength and increased risk-on behavior.
Macrosentiment Analysis – BTC/USDT
Current Market Structure:
Bitcoin appears to have found a strong bottom around the $74,000 level, which historically has acted as a key support zone. This area was anticipated months ago as a likely retest zone in the event of a correction — specifically between $70,000 to $75,000. We are now beginning to see bullish candles forming, signaling renewed momentum.
📈 Upside Targets:
If bullish momentum continues and volume sustains, BTC is potentially on track to climb toward the $140,000–$150,000 range as the ultimate macro target.
However, several key resistance levels need to be broken first:
$88,000 – Major immediate resistance
$95,000 – Secondary resistance
$100,000 – Psychological and historical milestone; likely to be the toughest barrier
It's important to note:
➡️ Without a clear breakout above $88,000, BTC will struggle to approach $95,000
➡️ Without breaching $95,000, we are unlikely to challenge the $100,000 level
📉 Downside Support Levels:
In case of a pullback, the key support levels to monitor are:
$85,000 – Currently holding
$80,000
$74,000
$70,000
Breaking below any of these levels would signal a weakening structure and could suggest the formation of lower lows and a shift toward a bearish trend.
📌 Summary / My View:
BTC remains in an uptrend, with this week’s candle opening green, and the $85,000 support holding firm — both are strong bullish signs.
Volume remains the primary driver of continuation.
Until we clear $88,000, the upside remains limited.
📍Implication for Altcoins:
Since many traders gauge BTC’s momentum to time their altcoin entries:
✅ I have personally entered a few altcoin positions based on current bullish confirmation.
The market structure suggests growing strength and increased risk-on behavior.
JOIN ME ON TELEGRAM t.me/aztradescrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
JOIN ME ON TELEGRAM t.me/aztradescrypto
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.