Bitcoin is in chaos!
Bitcoin’s been on a rollercoaster in 2025, plummeting from 106K to 93K earlier this month, but I’m seeing a massive bullish setup on the 4H chart at $97,603. After a sharp sell-off, BTC’s forming a tight range near 96K support... classic accumulation before a breakout, or are we walking into a trap?
Here’s the tea: RSI’s at ~55 and climbing, signaling buyers are gaining momentum, while the 50/200 EMA crossover near 97K screams bullish reversal. Volume’s ticked up over the last few candles, suggesting smart money’s piling in. We’re testing 98K resistance right now, flip it, and I’m targeting 105K by early March, fueled by Trump’s pro-crypto policies and Elon’s unpredictable X-factor. But if we fail here, 93K’s the next stop, and bears could drag us lower.
This setup’s got me hyped, but the Trump/Elon wild card is wild... Trump’s deregulation talks could pump us past 100K, or Elon’s next tweet might send us spiraling. I’ve seen similar patterns in 2021 lead to 20%+ moves... History repeating?
What’s your hot take?
Bullish to 105K, or bearish back to 93K, where’s BTC headed?
Think Trump’s policies or Elon’s tweets will rocket us, or are they just noise?
Seen this pattern before? Drop your targets, indicators, or contrarian views!
Here’s the tea: RSI’s at ~55 and climbing, signaling buyers are gaining momentum, while the 50/200 EMA crossover near 97K screams bullish reversal. Volume’s ticked up over the last few candles, suggesting smart money’s piling in. We’re testing 98K resistance right now, flip it, and I’m targeting 105K by early March, fueled by Trump’s pro-crypto policies and Elon’s unpredictable X-factor. But if we fail here, 93K’s the next stop, and bears could drag us lower.
This setup’s got me hyped, but the Trump/Elon wild card is wild... Trump’s deregulation talks could pump us past 100K, or Elon’s next tweet might send us spiraling. I’ve seen similar patterns in 2021 lead to 20%+ moves... History repeating?
What’s your hot take?
Bullish to 105K, or bearish back to 93K, where’s BTC headed?
Think Trump’s policies or Elon’s tweets will rocket us, or are they just noise?
Seen this pattern before? Drop your targets, indicators, or contrarian views!
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📱Join Telegram Channels Free.
t.me/+zZvmvixp94YzM2Y0
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
t.me/+zZvmvixp94YzM2Y0
Forex, Gold, and Crypto signals with detailed analysis and get consistent results.
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.