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Let's dive into the analysis of Bitcoin and key crypto indices. In this analysis, as usual on Mondays, I want to review Bitcoin in longer timeframes and explore potential scenarios for Bitcoin in the long term.
📅 Weekly Timeframe
In the weekly timeframe, as you can see, the price has formed a very large candle with a big shadow, finally breaking out of the 90,000 to 104,000 range box, dipping below, and re-entering this box.
🔍 The reason for this Bitcoin fluctuation was initially the news of America's 25% tariffs, which caused all stocks and Bitcoin to drop. Even the Nasdaq saw a significant fall, but after Trump tweeted last night about planning to have a Crypto reserve at the US Treasury,
📰 This news caused the price to engulf all the previous downward movement, resulting in the candle you see, which has pulled back to the Fibonacci range between 0.382 and 0.5 and has also pulled back to the SMA 25. If you're looking to buy Bitcoin, you can place a stop buy above last week's candle to make your purchase in the spot market.
👀 However, be aware that Bitcoin is in a high price area, and make sure to manage your risk. If the 104,000 area is broken, higher targets will be accessible. If this happens, I will update the analysis and inform you of higher targets.
🔽 If the price drops, the Fibonacci areas are clearly defined, and the main support is at 72,000. I have nothing more to say about Bitcoin in this timeframe; let's move to the daily timeframe to see what triggers we can find there.
📅 Daily Timeframe
In the daily timeframe, as you can see, we can observe the movement influenced by the news in more detail. As I mentioned in the analysis, with the break of the 92,433 area, we could have opened a short position for Bitcoin to make a deeper correction to the Fibonacci confluence area between 0.5 and 0.618.
🔑 As you can see, after several candles hit this range last night, with the news announced by Trump, the price returned above the 92,433 area, and it seems that a V pattern is forming on the chart, and the trigger for this V pattern is at 98,482.
✨ If the price can stabilize above this area, I personally expect it to move at least to the 106,243 area, which is the resistance at ATH.
💥 In the RSI, as you see, it is engaged with the 50 resistance. If the RSI goes above this area and can break it, we will have confirmed the bullish momentum. In this case, if the 98,482 area breaks, I personally will try to have a long position because it can continue and move towards a new ATH with the break of 106,282.
📉 But on the other hand, if all this upward movement that has occurred is a pullback, and the price starts to move downward again, I will definitely inform you in future analyses and announce appropriate short triggers.
💫 In the daily timeframe, the important corrective areas are the same range between 0.5 and 0.618 Fibonacci. If this area is lost, the main support will be 72,753.
⏳ 4-Hour Timeframe
Let's go to the four-hour timeframe to slowly review the futures triggers and trades that we can open today and in the coming week.
🔄 As I told you yesterday, with the break of 87,070, we could have entered a long position, but I told you that since it is a holiday, I myself am not opening this position, and I also suggested that you not open this position, which is completely natural, and just because the price has gone up doesn't mean I should say you definitely had to open this position.
📚 We must not trade outside our strategy and always be within the framework of the strategy. In my strategy, on Saturdays and Sundays when the market is closed, I do not open positions for triggers that are not very important, and this trigger was also among those triggers, and I did not open a position.
✅ If you opened it, congratulations, and I hope you have profited and always be profitable. But today, our job is easier for opening long positions because the price has come up one leg, and bullish momentum has entered the market, even the RSI has entered Overbuy once and has reset now, so if the 95,108 area breaks, which I will tell you the exact number in the one-hour timeframe, we can enter a very good long position.
📈 In my opinion, this position will be very logical because, as I said, the price has come up a leg, and now after resting, it is ready to go up the next leg.
🔽 But on the other hand, we can consider all this movement a pullback and a Dead cat bounce. In this case, if the 92,226 area breaks, the price can drop again and move downward. It is better to go to the one-hour timeframe to talk more about this issue and today's positions there.
⏳ 1-Hour Timeframe
In the one-hour timeframe, as you can see, yesterday the 87,070 trigger was activated, which I referred to in the four-hour timeframe, and told you that I personally did not open this position, and yesterday I did not open any specific position.
🧲 But today, as you can see, Bitcoin, after being rejected from the 94,355 area, has made a slight correction downward to the 91,422 area. This area overlapped with the SMA 25, and it seems that the price is being supported from this area and can move upward.
🔍 Keep in mind that if the SMA 25 cannot prepare the necessary and sufficient momentum for the next bullish leg, the price can wait until the SMA 99 reaches it. As we saw in the previous bearish leg, the SMA 25 reached the price several times and caused the bearish momentum to be maintained, but with the breaking of the SMA 25 and reaching the SMA 99, the price could not continue the bearish momentum and with the breaking of the SMA 99 and the cross of this SMA with the SMA 25, it caused the market trend to change, and with the news that came, we had an upward leg upwards.
🔼 So, if with a pullback the price to SMA 25 starts the next bullish leg, in case of breaking 94,355, I will open a long position, and if the SMA 25 cannot enter momentum into the market, with breaking 91,422, you can enter a short position.
🎲 I have nothing else to say about Bitcoin, let's move on to the analysis of dominances to see what the market conditions for altcoins will be like.
👑 BTC.D Analysis
Let's move on to the analysis of Bitcoin dominance, as you can see in the one-hour timeframe, I've made the chart a bit clearer and marked a box between 60.40 and 61.48 for you, where the price yesterday, after the news came, first had a fake from below and performed a fake break in the area of 60.40, and after the effects of the news wore off, the dominance moved upwards again.
💧 Currently, dominance has reached the area of 60.48, and the scenario I mentioned a few days ago, i.e., re-testing the top of the main box, seems very likely, and with the stabilization of Bitcoin dominance above the area of 61.48, we can expect this dominance to move up to the area of 62.19 and even 62.66, which if this movement coincides with the breaking of Bitcoin resistance, opening a Bitcoin position will be very logical, and if the short trigger is always activated, altcoins can have a very sharp and severe drop.
⭐️ On the other hand, if dominance is rejected from this resistance of 61.48 or performs a fake break, dominance can move down again towards the area of 60.40, in which case we can also open long positions on altcoins and short positions on Bitcoin itself.
📅 Total2 Analysis
Let's move on to the analysis of Total2, as you can see, after the area of 1.09 was broken yesterday, Total2 made a more upward move than Bitcoin and moved more upwards than Bitcoin and managed to move up to the area of 1.23, and the reason was that Bitcoin dominance was in an upward falling movement and caused more money to enter altcoins.
☘️ But as you can see, simultaneous with the rise of Bitcoin dominance and the correction of the altcoin market, altcoins made much more corrections than Bitcoin today and have fallen more than Bitcoin today and are supported at 1.14.
🎯 For long positions, you can enter with the break of 1.23, but if the price shows a reaction to the area of 1.18 again, you can enter a long position with the break of this area. I'm keeping this area today and want to see if the price will show a reaction to it in the future or not. If the price does not show a reaction to this area, I will remove it from the chart, and if I see that it shows a reaction and respects this area, I will keep it on the chart.
📉 For short positions, you can also look for altcoins that are on good support floors in case of breaking 1.14, and if Bitcoin dominance rises, and these altcoins can open a short position.
📅 USDT.D Analysis
Let's move on to the analysis of Tether dominance, as you can see, yesterday the 5.08 trigger in dominance was activated, causing the dominance to fall and with the fall of dominance, the market moved upwards.
✅ Currently, dominance is on a very important support that I had previously specified for you, which is 4.60. This area was previously in the range of 4.62, and the price showed a slight reaction to this area, and I moved this area.
✨ In the pullback of Tether dominance, this pullback has hit the area of 4.82, which I had previously specified for you, and it currently seems ready to perform its next downward leg.
⚡️ As you can see, a V pattern had also formed in Tether dominance, which was activated with the break of 5.08, and the first downward leg was performed up to the area of 4.60. Currently, the trigger for confirming the downward dominance of Bitcoin is this area of 4.60, and if the dominance is stabilized below this area, we can confirm the downward dominance, but on the other hand, if the dominance is stabilized above the area of 4.82, we can expect an upward leg to be performed on dominance.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Let's dive into the analysis of Bitcoin and key crypto indices. In this analysis, as usual on Mondays, I want to review Bitcoin in longer timeframes and explore potential scenarios for Bitcoin in the long term.
📅 Weekly Timeframe
In the weekly timeframe, as you can see, the price has formed a very large candle with a big shadow, finally breaking out of the 90,000 to 104,000 range box, dipping below, and re-entering this box.
🔍 The reason for this Bitcoin fluctuation was initially the news of America's 25% tariffs, which caused all stocks and Bitcoin to drop. Even the Nasdaq saw a significant fall, but after Trump tweeted last night about planning to have a Crypto reserve at the US Treasury,
📰 This news caused the price to engulf all the previous downward movement, resulting in the candle you see, which has pulled back to the Fibonacci range between 0.382 and 0.5 and has also pulled back to the SMA 25. If you're looking to buy Bitcoin, you can place a stop buy above last week's candle to make your purchase in the spot market.
👀 However, be aware that Bitcoin is in a high price area, and make sure to manage your risk. If the 104,000 area is broken, higher targets will be accessible. If this happens, I will update the analysis and inform you of higher targets.
🔽 If the price drops, the Fibonacci areas are clearly defined, and the main support is at 72,000. I have nothing more to say about Bitcoin in this timeframe; let's move to the daily timeframe to see what triggers we can find there.
📅 Daily Timeframe
In the daily timeframe, as you can see, we can observe the movement influenced by the news in more detail. As I mentioned in the analysis, with the break of the 92,433 area, we could have opened a short position for Bitcoin to make a deeper correction to the Fibonacci confluence area between 0.5 and 0.618.
🔑 As you can see, after several candles hit this range last night, with the news announced by Trump, the price returned above the 92,433 area, and it seems that a V pattern is forming on the chart, and the trigger for this V pattern is at 98,482.
✨ If the price can stabilize above this area, I personally expect it to move at least to the 106,243 area, which is the resistance at ATH.
💥 In the RSI, as you see, it is engaged with the 50 resistance. If the RSI goes above this area and can break it, we will have confirmed the bullish momentum. In this case, if the 98,482 area breaks, I personally will try to have a long position because it can continue and move towards a new ATH with the break of 106,282.
📉 But on the other hand, if all this upward movement that has occurred is a pullback, and the price starts to move downward again, I will definitely inform you in future analyses and announce appropriate short triggers.
💫 In the daily timeframe, the important corrective areas are the same range between 0.5 and 0.618 Fibonacci. If this area is lost, the main support will be 72,753.
⏳ 4-Hour Timeframe
Let's go to the four-hour timeframe to slowly review the futures triggers and trades that we can open today and in the coming week.
🔄 As I told you yesterday, with the break of 87,070, we could have entered a long position, but I told you that since it is a holiday, I myself am not opening this position, and I also suggested that you not open this position, which is completely natural, and just because the price has gone up doesn't mean I should say you definitely had to open this position.
📚 We must not trade outside our strategy and always be within the framework of the strategy. In my strategy, on Saturdays and Sundays when the market is closed, I do not open positions for triggers that are not very important, and this trigger was also among those triggers, and I did not open a position.
✅ If you opened it, congratulations, and I hope you have profited and always be profitable. But today, our job is easier for opening long positions because the price has come up one leg, and bullish momentum has entered the market, even the RSI has entered Overbuy once and has reset now, so if the 95,108 area breaks, which I will tell you the exact number in the one-hour timeframe, we can enter a very good long position.
📈 In my opinion, this position will be very logical because, as I said, the price has come up a leg, and now after resting, it is ready to go up the next leg.
🔽 But on the other hand, we can consider all this movement a pullback and a Dead cat bounce. In this case, if the 92,226 area breaks, the price can drop again and move downward. It is better to go to the one-hour timeframe to talk more about this issue and today's positions there.
⏳ 1-Hour Timeframe
In the one-hour timeframe, as you can see, yesterday the 87,070 trigger was activated, which I referred to in the four-hour timeframe, and told you that I personally did not open this position, and yesterday I did not open any specific position.
🧲 But today, as you can see, Bitcoin, after being rejected from the 94,355 area, has made a slight correction downward to the 91,422 area. This area overlapped with the SMA 25, and it seems that the price is being supported from this area and can move upward.
🔍 Keep in mind that if the SMA 25 cannot prepare the necessary and sufficient momentum for the next bullish leg, the price can wait until the SMA 99 reaches it. As we saw in the previous bearish leg, the SMA 25 reached the price several times and caused the bearish momentum to be maintained, but with the breaking of the SMA 25 and reaching the SMA 99, the price could not continue the bearish momentum and with the breaking of the SMA 99 and the cross of this SMA with the SMA 25, it caused the market trend to change, and with the news that came, we had an upward leg upwards.
🔼 So, if with a pullback the price to SMA 25 starts the next bullish leg, in case of breaking 94,355, I will open a long position, and if the SMA 25 cannot enter momentum into the market, with breaking 91,422, you can enter a short position.
🎲 I have nothing else to say about Bitcoin, let's move on to the analysis of dominances to see what the market conditions for altcoins will be like.
👑 BTC.D Analysis
Let's move on to the analysis of Bitcoin dominance, as you can see in the one-hour timeframe, I've made the chart a bit clearer and marked a box between 60.40 and 61.48 for you, where the price yesterday, after the news came, first had a fake from below and performed a fake break in the area of 60.40, and after the effects of the news wore off, the dominance moved upwards again.
💧 Currently, dominance has reached the area of 60.48, and the scenario I mentioned a few days ago, i.e., re-testing the top of the main box, seems very likely, and with the stabilization of Bitcoin dominance above the area of 61.48, we can expect this dominance to move up to the area of 62.19 and even 62.66, which if this movement coincides with the breaking of Bitcoin resistance, opening a Bitcoin position will be very logical, and if the short trigger is always activated, altcoins can have a very sharp and severe drop.
⭐️ On the other hand, if dominance is rejected from this resistance of 61.48 or performs a fake break, dominance can move down again towards the area of 60.40, in which case we can also open long positions on altcoins and short positions on Bitcoin itself.
📅 Total2 Analysis
Let's move on to the analysis of Total2, as you can see, after the area of 1.09 was broken yesterday, Total2 made a more upward move than Bitcoin and moved more upwards than Bitcoin and managed to move up to the area of 1.23, and the reason was that Bitcoin dominance was in an upward falling movement and caused more money to enter altcoins.
☘️ But as you can see, simultaneous with the rise of Bitcoin dominance and the correction of the altcoin market, altcoins made much more corrections than Bitcoin today and have fallen more than Bitcoin today and are supported at 1.14.
🎯 For long positions, you can enter with the break of 1.23, but if the price shows a reaction to the area of 1.18 again, you can enter a long position with the break of this area. I'm keeping this area today and want to see if the price will show a reaction to it in the future or not. If the price does not show a reaction to this area, I will remove it from the chart, and if I see that it shows a reaction and respects this area, I will keep it on the chart.
📉 For short positions, you can also look for altcoins that are on good support floors in case of breaking 1.14, and if Bitcoin dominance rises, and these altcoins can open a short position.
📅 USDT.D Analysis
Let's move on to the analysis of Tether dominance, as you can see, yesterday the 5.08 trigger in dominance was activated, causing the dominance to fall and with the fall of dominance, the market moved upwards.
✅ Currently, dominance is on a very important support that I had previously specified for you, which is 4.60. This area was previously in the range of 4.62, and the price showed a slight reaction to this area, and I moved this area.
✨ In the pullback of Tether dominance, this pullback has hit the area of 4.82, which I had previously specified for you, and it currently seems ready to perform its next downward leg.
⚡️ As you can see, a V pattern had also formed in Tether dominance, which was activated with the break of 5.08, and the first downward leg was performed up to the area of 4.60. Currently, the trigger for confirming the downward dominance of Bitcoin is this area of 4.60, and if the dominance is stabilized below this area, we can confirm the downward dominance, but on the other hand, if the dominance is stabilized above the area of 4.82, we can expect an upward leg to be performed on dominance.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
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.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
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.