BTCUSD INTRADAY bearish wedge capped at 88,000Recent price action in Bitcoin (BTCUSD) suggests an oversold bounce, with resistance capping gains at the 88,000 level. The continuation of selling pressure could extend the downside move, with key support levels at 79,000, followed by 76,278 and 74,222.
Alternatively, a confirmed breakout above 91,900, accompanied by a daily close higher, would invalidate the bearish outlook. In this scenario, Bitcoin could target 95,126, with further resistance at 96,415.
Conclusion:
The price remains below pivotal level, with 88,000 acting as a key resistance. Failure to break above this level could reinforce downside risks, while a breakout could shift momentum back in favor of bulls. Traders should watch for confirmation signals before positioning for the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
1-BTCUSD
Buy BTC,it still has the potential to reboundBTC experienced a sharp short-term decline, breaking lower; however, the downward momentum has significantly slowed. Importantly, the recent pullback has not disrupted the broader upward consolidation structure, with the 84500-83500 zone continuing to provide strong support.
Once the bearish sentiment fully subsides, I anticipate a relief rally or a technical rebound. Therefore, this pullback could present an excellent opportunity to go long on BTC.
Consider entering long positions around the 84500-83500 support zone, targeting an initial upside move toward the 86000-86500 range.
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BTCUSDTo the bitcoin lovers, investors and traders, this is my forecast on BTCUSD.
With all the news that are circulating about the crypto world, bad or good. Currently BTC is looking bearish. I will be looking for buy at the 71,671 level if BTC will find support.
Please tell us what you think. Is BTCUSD going down or up ?
BITCOIN Is it owed a parabolic rally based on the GoldBTC ratio?Bitcoin (BTCUSD) has been trading on a highly structured manner within a Channel Up for the entirety of its Bull Cycle since the November 2022 bottom. We've discussed before how this is the smoothest Cycle of all.
What we didn't bring into the mix before was the Gold/BTC ratio (black trend-line), naturally negatively correlated to Bitcoin, which has been trading within a Channel Down since its January 2023 Top. As you can see it posts the same pattern on every Cycle: Channel Down (blue), followed by its bearish break-out and a huge drop (red ellipse) that prices the Bull Cycle Top on BTC.
So far every BTC Cycle had its parabolic rally (green ellipse) when the Gold/BTC ratio broke downwards. Does the market owe one this time also? Feel free to let us know in the comments section below!
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BTC(20250328) market analysis and operationTechnical analysis of Bitcoin (BTC) contracts on March 28: Today, the large-cycle daily level closed with a small negative line yesterday, and the K-line pattern continued to be negative, but the price did not break or continue. The attached indicator golden cross was running with a shrinking volume, but the price was relatively weak, and the overall trend was volatile, so there were not many signals in the big trend. As mentioned earlier, after the correction, wait for the second round of large price declines; the short-cycle hourly chart fell under pressure yesterday, and the European session continued to accelerate in the US session, but the price did not break. In the early morning, the correction pulled back to wipe out the decline, maintaining range fluctuations, with a high of 87,800 and a low of 85,800; the current K-line pattern continued to be negative, and the probability of a retracement trend should be observed first.
Today's BTC short-term contract trading strategy: sell directly at the current price of 87,300, stop loss at 87,800, and target at 86,000;
SPY/QQQ Plan Your Trade For 3-28-25 : Carryover in Counter TrendToday's pattern suggests the SPY/QQQ will attempt to move downward in early trading. The SPY may possibly target the 564-565 level before finding support. The QQQ may possibly attempt to target the 475-476 level before finding support.
Overall, the downward trend is still dominant.
I believe the SPY/QQQ may find some support before the end of trading today and attempt to BOUNCE (squeeze) into the close of trading.
Gold and Silver are RIPPING higher. Here we go.
Remember, I've been telling you of the opportunities in Gold/Silver and other market for more than 5+ months (actually more than 3+ years). This is the BIG MOVE starting - the BIG PARABOLIC price rally.
BTCUSD has rolled downward off the FWB:88K level - just like I predicted. Now we start the move down to the $78k level, then break downward into the $58-62k level looking for support.
Love hearing all of your success stories/comments.
GET SOME.
Happy Friday.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Bearish on Bitcoin (BTC) – Target Price: ~$70,000Technical Analysis:
The provided chart illustrates Bitcoin's (BTC/USD) current position within a descending channel, marked by red resistance and green support lines. The series of lower highs, indicated by the red arrows, reinforces the prevailing bearish momentum. A potential breakdown from the current trading level of approximately $85,079 could lead to a decline toward the green support line, aligning with a target price around $70,000.
Fundamental Analysis:
Recent developments provide additional context to this bearish outlook:
Market Sentiment: Betting markets suggest that Bitcoin has likely peaked for the year, hovering just above its January high of $109,000.
Macroeconomic Factors: Concerns over President Trump's tariff policies and broader economic conditions have contributed to Bitcoin's recent decline. Analysts warn of further downside risks due to ongoing uncertainties in global trade and inflation.
Trading Strategy:
Entry Point: Consider initiating a short position on BTC at the current price of approximately $85,079.
Target Price: Set a price target of $70,000.
Stop-Loss: Implement a stop-loss order at $88,000 to manage potential upside risk.
BitcoinAsset and Timeframe:
Asset: Bitcoin / TetherUS (BTC/USDT)
Exchange: Binance
Timeframe: 1 hour (1h)
Key Observations:
Price Action: The chart shows a recent downtrend with a significant drop leading to the current price of $85,079.84.
Fair Value Gaps (FVGs): Multiple Fair Value Gaps (FVGs) are marked on the chart. FVGs are areas on a chart where there is an imbalance in buying and selling, often acting as support or resistance levels.
Order Block (OB): An Order Block (OB) is identified at $85,010.00. Order Blocks are often areas where large institutions have placed orders and can act as support or resistance.
Potential Trade Setup:
Entry: $85,010.00 (the OB)
Profit Target: $87,800.00
Stop Loss (SL): $84,000.00
Risk/Reward Ratio: The potential trade setup offers a favorable risk/reward ratio. The profit target is significantly higher than the stop loss.
Date Range: The chart covers the period from March 24th to April 1st, 2025.
Price Information:
Open: $85,212.98
High: $85,441.25
Low: $85,059.97
Close: $85,079.84
Change: -$2,145.11 (-2.46%)
Analysis:
Downtrend and Potential Reversal: The recent price drop suggests a strong bearish momentum. However, the identification of the Order Block at $85,010.00 indicates a potential area of support where buyers might step in.
FVGs as Targets: The FVGs above the current price could act as potential targets for a bullish move. Traders might look for price to fill these gaps.
Risk Management: The provided trade setup includes a clear stop loss at $84,000.00, which is crucial for managing risk.
Time Consideration: The chart spans several days, suggesting that this trade setup might play out over a few days or even a week.
Technical Indicators: While the chart highlights FVGs and OB, it doesn't show other technical indicators like RSI, MACD, or moving averages. These indicators could provide additional confirmation for the trade setup.
Volume: The chart does not display volume information. Volume analysis would be valuable in confirming the strength of the potential reversal.
Potential Trade Scenario:
The trader is anticipating a bounce from the Order Block at $85,010.00. They are targeting the $87,800.00 level for profit, likely based on the FVGs above. The stop loss at $84,000.00 is placed below the OB to limit potential losses if the price continues to decline.
Important Considerations:
Market Volatility: Bitcoin is known for its high volatility. Traders should be prepared for significant price swings.
Fundamental Analysis: This analysis is purely technical. Fundamental factors, such as news events or regulatory changes, can significantly impact Bitcoin's price.
Risk Tolerance: Traders should only risk what they can afford to lose.
Bitcoin -potential to 91K, back to 78K wick to 73K and THEN -->>In this cycle, since the push up from the Low in Jan 2023, we have had 2 other Major pushes.
Each of these came off the Rising line of support that we are currently heading towards again, with the date of "Touch" currently in Mid June.
If we rise and stay back in the higher Range Box, that date is even later in the year ( around Mid Q4 )
As I have talked about many times, I am watching the MACD as the "trigger".
The chart below is the Weekly MACD
We reach Neutral , if we continue current rate of descent, around end of April
This is obviously before we would hit the line of support being talked about above.
That leaves 2 possibilities.
1) - MACD may drop below Neutral
2) - We may see a bounce from PA but NOT to a New ATH
If you look back at previous range we had in 2024, there was a bounce there.
See how the Histogram went White as we had that bounce
We Just had a white bar on the histogram .
Will we see another White bar next week and a further rise in PA
Top of current Range box in 91K - We could head to that again, Drop back to the Low around 78K and then we would be ready. This would be over the next 3 - 6 weeks
78K is the Price that touches that line of support the soonest, in early June
Why could we go back down?
For the reasons above regarding the MACD BUT ALSO ;-
There are things called FAIR VALUE GAPS (FVG)
. These gaps highlight market inefficiencies and potential trading opportunities, allowing traders to anticipate price movements and confirm trends.
That area just below Current PA on this weekly chart is the FVG that goes down to 73K
It is NOT guaranteed that PA will revisit that area but while we sit so close, the potential exists
But something to note, that could be benifical is that Should PA Drop to Fill that Gap, PA could hit that line of support earlier than Mid June..infact, it would be a month earlier and be in Mid May.
So, I can see the potential for a push higher in the near future, to extend MACD, then a drop back to the range Lows, a Sharp wick down to around 73K and THEN a sustained push higher...
This is just an idea.....No guarantees...But it does have Potential
We will see - Time will tell...........
Bitcoin (BTC/USD) Trading Analysis – Rectangle Pattern Breakdown1. Market Overview
The BTC/USD chart (1-hour timeframe) illustrates a trendline-supported uptrend that eventually transitioned into a rectangle consolidation pattern before breaking downward. The market displayed signs of buyer exhaustion near the resistance level, leading to a rectangle pattern breakdown, confirming a bearish shift.
This analysis will break down the chart structure, key technical levels, potential trade setups, and risk management strategies for traders looking to capitalize on this move.
2. Breakdown of the Chart Structure
A. Trendline Breakout & Shift in Market Sentiment
The chart initially exhibits an ascending trendline, acting as dynamic support for Bitcoin’s price.
As long as BTC/USD remained above this trendline, the uptrend was intact.
However, once the price broke below the trendline with strong bearish momentum, it signaled a significant shift in sentiment from bullish to bearish.
The breakdown of the trendline also coincided with the rectangle’s lower boundary breakdown, confirming bearish strength.
B. Rectangle Pattern Formation (Consolidation Phase)
The price oscillated between resistance at $88,500 and support at $86,000, forming a rectangle consolidation pattern.
This pattern reflects a period of market indecision where buyers and sellers are in equilibrium.
Multiple failed breakout attempts at resistance signaled strong seller dominance, leading to eventual support failure.
The rectangle breakdown suggests that bears have gained control and a downward move is likely.
C. Breakdown Confirmation & Target Projection
The price broke below the lower support of the rectangle ($86,000) with increased selling pressure.
The bearish breakout was confirmed by strong red candles with high volume, reinforcing the downside move.
The height of the rectangle pattern provides a measured move target of around $83,797, aligning with previous support.
The momentum remains bearish, and price is likely to test this level before any reversal attempt.
3. Trade Setup & Risk Management
A. Ideal Trade Entry
Entry Point: After the price retested the broken rectangle support at $86,000, which now acts as resistance.
Confirmation: The rejection from this resistance with a bearish engulfing candle confirmed further downside.
Bearish momentum indicators, such as RSI and MACD crossovers, further validated the setup.
B. Stop-Loss Placement (Risk Management Strategy)
Stop Loss: Placed above the previous resistance zone at $88,969 to protect against false breakouts.
Rationale: If price moves back into the rectangle and surpasses resistance, the bearish setup becomes invalid.
C. Take-Profit Target & Risk-to-Reward Ratio
Target: $83,797, based on the rectangle pattern height projection and key support levels.
Risk-to-Reward Ratio: The setup offers a favorable risk-to-reward ratio, ensuring that potential gains outweigh potential losses.
4. Market Sentiment & Future Outlook
A. Bearish Continuation Outlook
The trendline failure, rectangle breakdown, and bearish candlestick patterns all suggest a continuation of the downtrend.
If price fails to reclaim support-turned-resistance ($86,000), further downside is expected.
Increased selling volume confirms bearish control.
B. Possible Bullish Reversal Scenarios
If BTC/USD bounces strongly from the $83,797 target zone, it could indicate buyer accumulation and lead to a bullish recovery.
A move back above $86,000 would invalidate the bearish outlook.
5. Conclusion
This BTC/USD analysis highlights a bearish rectangle pattern breakdown, reinforced by a trendline break and strong resistance rejections at $88,500. The breakout target is $83,797, where traders should monitor price action for further bearish continuation or potential reversal signs.
Traders should approach with caution, set appropriate stop-loss levels, and follow volume trends for confirmation of further price movements.
$BTC - Possible Swing Point RetestCRYPTOCAP:BTC | 6h
Something I'm watching for an ABC pattern or if we'll get a pentawave here and a swing point retest back down to the 78k area
Expecting a bounce at the monthly open in confluent with some imbalances or single prints, then we'll see if we can get above or reject at the wpoc 87k
Bitcoin Weekly Outlook: Critical Levels and Market SentimentBitcoin is currently trading at $87,350, showing signs of recovery after a significant pullback. The weekly chart highlights a crucial battle between bulls and bears as price approaches key resistance levels.
Key Levels to Watch
Resistance Levels
$89,067: Bitcoin needs to break above this level to regain bullish momentum. This has acted as both support and resistance in the past.
$92,247: If Bitcoin clears the previous resistance, this level becomes the next challenge.
$99,563 - $100,763: This is a major supply zone where sellers could take control. A strong breakout beyond this range could pave the way for new all-time highs.
Support Levels
$76,612: If Bitcoin faces more downside pressure, this level will be a critical area for buyers to defend.
$67,853: A break below the previous support could lead to a deeper correction, with this level acting as the next major demand zone.
Technical Overview
Bitcoin is in the process of recovering from a sharp decline. The price has bounced from a strong weekly support level, but it is still facing challenges in reclaiming key moving averages.
The 10-week moving average (yellow line) is acting as resistance. A sustained close above this moving average could indicate a shift in momentum toward further upside.
A descending trendline has been limiting Bitcoin's ability to make higher highs. A breakout above this trendline would signal renewed bullish strength.
Trading volume shows buyers stepping in, but confirmation is needed to validate the trend reversal.
Market Sentiment and Outlook
The overall sentiment remains cautious, with buyers attempting to regain control. A strong weekly close above $92,000 could trigger a push toward the $100,000 range. On the other hand, failure to hold $87,000 could lead to another retest of lower support levels.
The next few weeks will be crucial in determining Bitcoin’s direction. If resistance levels are broken with strong volume, the bullish trend could resume. However, if the price continues to struggle, a deeper correction remains a possibility.
Where do you think Bitcoin is headed next?
The Global BTC Shake out is coming before 1 million BTC in 2037I believe it worth stating that we might be in a moment where bitcoin is gonna shake everyone out and make everyone sell or at least all those who think 1 million BTC is coming soon. The great Bitcoin reset cycle will occur eventually before true mass adoption... we could very well retest $15,000 as bottom sometime next year.. if true BUY and hodl and invest consistantly for a whole decade and reap the reward of a 1 million bitcoin probably in 2037-38 and Bitcoin by then will be nearly on par with golds market cap by then or below it. And youll become among the weathiest of the wealth.
Bitcoin Stalls Below $90,000 as Buying Pressure WeakensThe last four trading sessions for Bitcoin (BTC) have been fairly neutral, with the cryptocurrency fluctuating by around 2% , staying just below the critical $90,000 resistance level. The current uncertainty in the market is mainly driven by the renewed trade war narrative, following Trump’s recent comments about imposing tariffs on cars and auto parts. These statements have once again elevated global economic concerns, prompting investors to avoid risk assets in the short term — a category that includes Bitcoin. As long as this uncertainty persists, this neutral behavior could remain a defining feature of BTC in upcoming sessions.
Key Bearish Channel in Play
Since January 20, a notable bearish channel has taken shape, favoring selling pressure and driving BTC down to $77,000 in recent weeks. At present, the price is testing the upper boundary of the channel, but recent buying attempts have not been strong enough to trigger a breakout.
RSI Indicator
The RSI line initially showed a strong upward slope, but this momentum has faded as the indicator approaches the neutral 50 line, suggesting a balance between buyers and sellers. This reinforces the resistance posed by the upper edge of the bearish channel.
MACD Indicator
A similar situation is developing in the MACD, where the histogram has begun to decline steadily, nearing the zero line. This behavior points to a lack of strength in the moving average trends and may indicate that neutrality could continue to dominate BTC price action in the near term.
Key Levels:
$98,900 – Distant resistance: This level sits near the mid-range zone of a large sideways range observed in previous weeks. A bullish move toward this area could revive the forgotten bullish bias and reestablish the importance of the broader lateral structure.
$90,000 – Major resistance: Arguably the most relevant resistance zone at the moment. It aligns with the Ichimoku cloud and the upper limit of the current bearish channel. A breakout above this level could jeopardize the prevailing downtrend and introduce a strong bullish momentum.
$78,600 – Key support: This level marks the recent low for BTC. If the price drops back to this zone, it could provide confirmation for the continuation of the bearish channel.
By Julian Pineda, CFA – Market Analyst
BTC Bitcoin Price Target by Year EndSeveral factors support a bullish outlook for Bitcoin (BTC) to reach $97,500 by the end of the year:
Institutional Adoption and Treasury Investments: Companies like GameStop are incorporating Bitcoin into their treasury reserves, following the lead of firms such as MicroStrategy. GameStop plans to raise $1.3 billion for Bitcoin purchases, indicating growing corporate confidence in BTC as a store of value.
Supportive Regulatory Environment: The U.S. administration has pledged to make the country the "undisputed Bitcoin superpower and crypto capital of the world." Plans include introducing clear regulations for stablecoins and market structures, aiming to stimulate investment and innovation in the crypto sector.
Positive Price Forecasts: Analysts have set bullish targets for Bitcoin, with some predicting prices ranging from $120,000 to $150,000 by year-end. These projections are based on factors like supply shocks and increased institutional adoption.
Seasonal Trends and Market Liquidity: Historically, the second quarter has been favorable for Bitcoin, with increased market liquidity and investor interest. Currently, approximately $31.8 billion in "dry powder" is poised to enter the crypto markets, potentially driving prices higher.
Finite Supply and Growing Demand: Bitcoin's capped supply of 21 million coins, coupled with rising global demand, supports its long-term value appreciation. Its growing acceptance and technological advancements, despite evolving regulatory landscapes, bolster its investment appeal.
These factors collectively suggest a favorable environment for Bitcoin to approach or surpass the $97,500 mark by year-end.
BITCOIN new All Time High is a certainty.Bitcoin / BTCUSD found excellent support on the 1week MA50 and is staging a full force recovery.
According to the Time Cycles, it sits between the 0.786 and 1.0 Fibonacci levels. That's hostorically the Final Year of the Cycle.
All Fib stages have been fairly similar among those Cycles so if it continues to be that consistent, we should expect the price to rise now non-stop towards the end of the year and price a new All Time High.
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BTCUSD: What if it's just a Channel Up to $175k?Bitcoin remains neutral on its 1D technical outlook (RSI = 51.175, MACD = -714.800, ADX = 31.665) as it is stuck between the 1D MA50 and 1D MA200 but it's the wider timeframes that are particularly critical right now and more specifically the 1W, which is causing the current rebound on the 1W MA50. We can argue that the pattern since the Dec 2017 Top is a Channel Up, even though the last Bear Cycle bottom didn't make exact contact with its bottom.
We can equally however assume that the new Cycle High won't make direct contact with the Channel's Top either. And that's also backed up technically by the Fibonacci levels of the previous Cycle, which saw BTC making a Top just over the 1.618 Fib extension. Consequently we can assume the new Top to hit at least $175,000 (Fib 1.618 currently). The bullish wave is also a direct Channel Up since the November 2022 bottom after all. Even on the previous Cycle, if we exclude the COVID crash price distortion, the bullish wave was a Channel Up as well.
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Bitcoin - Please Just Listen To The Charts!Bitcoin ( CRYPTO:BTCUSD ) remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
Despite literally everybody freaking out about cryptos lately, big brother Bitcoin is still creating bullish market structure. During every past cycle we witnessed a correction of at least -20% before we then saw a parabolic rally. So far, Bitcoin is just doing its normal "volatility thing".
Levels to watch: 70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Buy@85500 - 86500Presently, Bitcoin is firmly ensconced within a robust upward trajectory. Having transitioned from a sideways trading phase at 84000 last week, it has executed a remarkable rally, surging directly into the resistance corridor in the vicinity of 89000. With the current trading price hovering at 87000, the market exudes a palpable sense of bullishness.
Should BTC sustain a stable sideways oscillation between 87000 and 88000, the bulls stand to methodically amass upward momentum. Once primed, a breakthrough of the 89000 threshold by BTC appears all but inevitable.
From a technical vantage point, Bitcoin has convincingly breached the sideways trading range. Its moving averages exhibit a distinct bullish configuration, with the 85000 level solidifying as a crucial support.
On the fundamental front, a confluence of factors—including the prevailing global economic uncertainties, the buoyant market sentiment, and the relatively permissive regulatory environment—collectively conspire to propel the continued ascent of its price.
💎💎💎 BTCUSD 💎💎💎
🎁 Buy@85500 - 86000
🎁 TP 87000 88000 89000
The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed,Follow the link below to get my daily strategy updates
Trade Idea: BTCUSDT (15m Chart)Trade Idea: BTCUSDT (15m Chart)
Price has aggressively pushed up from the daily demand zone and is now forming a potential bullish continuation setup. A retracement into the M15 FVG zone is expected. If price respects this zone and forms a bullish reaction, a long opportunity aligns well with the context target above.
Bias: Bullish
Context: Price is targeting upside liquidity after reclaiming structure. Expecting continuation following a healthy retracement.
Trade with confirmation and risk management.