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Bitcoin (Cryptocurrency)

BTC Dominance Drops: Is the Alt Season About to Begin?Hello, Traders! After its recent rise to 64%, BTC.D started to decline slowly and currently dropped below 61%. In order to resume alt season, BTC.D needs to drop at least below 57% and hold below that mark for a prolonged period of time. Ideally, it should break below 54% to make a lower low and confirm a sustained downward trend. Historically, when BTC.D enters a clear downtrend, liquidity flows into altcoins, leading to significant rallies across the board. I don’t think that even if the alt season really takes off, we will see BTC.D much below 48%—perhaps 45%, but not lower. At that level, the market typically starts rotating back into BTC, capping further dominance declines. However, if BTC stagnates while liquidity continues flowing into alts, a deeper drop isn’t entirely out of the question. One of the potential catalysts for a BTC.D decline and the start of the alt season is Ethereum’s upcoming Pectra upgrade. Historically, ETH has shown strong performance ahead of major network upgrades, often doubling in price in anticipation. If history repeats itself, we could see increased demand for ETH, driving capital into the broader altcoin market. The Pectra upgrade is scheduled for April 8, meaning we might see altcoins gaining momentum in the next couple of weeks. If BTC remains stable and ETH starts outpacing it, this could create the perfect conditions for the much-anticipated alt season. Keep an eye on ETH/BTC as well—it could serve as an early indicator of the shift. 🚀 Please don’t forget to boost this idea and leave your comments below.
CRYPTOCAP:BTC.D
by Real_CryptoRoy
15
TradeCityPro | Bitcoin Daily Analysis #5👋 Welcome to TradeCityPro! Let's dive into today's analysis of Bitcoin. Since yesterday, there haven't been significant changes in the market, and none of our triggers were activated. However, let's explore the upcoming scenarios and identify any new triggers. ⏳ Hourly Time Frame 1-Hour Timeframe As you can see, Bitcoin is currently forming an expanding triangle, which typically doesn't respect resistances or supports very well, making it tricky to take long-term positions while the price remains within this pattern. 🔼 For a long position, the trigger remains above 98,482. Keep an eye out for this break because, as you can see, the trading volume has decreased, suggesting that a sharp price movement is likely imminent. Financial markets exist for speculation, not stagnation, so a decrease in volume usually precedes a significant price move—either upwards or downwards. 📊 Should this long trigger activate, it would be safe to hold a position expecting the price might retest the resistance at 106,000, giving us comfort in pursuing other potential coin positions. 📉 The short position has a significant level at 95,108, now more critical than the 92,702 level. If broken, Bitcoin could start its next bearish leg, with the first target at 92,702 and, upon breaking this, potentially moving towards the lower ranges around 80,000 to 82,000. 🔑 Today, I'm not focusing on the RSI due to the market's range-bound state, making it unreliable for confirming momentum. Thus, I've excluded RSI from both today's and yesterday's analyses. 👑 BTC.D Analysis BTC.D Analysis As predicted, the dominance fell, confirming yesterday's analysis. After retesting the 61.10 level and following the trendline curve, the next leg down began, targeting the 59.84 area. This movement will help us understand the upcoming market direction based on how the dominance behaves at this level. 👀 If it proves to be a fake-out and the dominance breaks the curve again, retaking the 61.10 trigger, we might see a resurgence in Bitcoin's dominance, suggesting a bullish scenario is less likely. 📅 Total2 Analysis Total2 Analysis As observed, the Total2 level that was previously active at 1.24 is currently retesting this area. It hasn't fully stabilized above this level, so let's wait for confirmation that this resistance has been broken. If so, we can expect a move towards at least 1.28. ✅ This break of 1.24 was an initial scalp trigger, with the main long-term trigger at 1.28. If breached, it could validate a bullish long-term position on altcoins, given the concurrent fall in Bitcoin's dominance, suggesting a preferable situation for altcoins compared to Bitcoin. 📉 In the event of market downturns, Bitcoin positions are generally more favorable if Bitcoin's dominance continues to fall. However, if considering short positions on altcoins, wait for Total2 to potentially fake this breakout and, if it reverses, enter upon breaking the 1.19 level. If you're a risk-taker, you could initiate earlier at the break of 1.19. 📅 USDT.D Analysis USDT.D Analysis In the USDT.D index, nothing significant has changed, and for market long confirmations, the 4.44 break remains crucial. Conversely, for short positions during a market downturn, a break of 4.62 would confirm an increase in Tether's dominance. ⚡️ Note that the 4.44 trigger is risky, and a break of 4.24 is the principal confirmation of a trend change in USDT.D. ❌ 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.
by tradecitypro
4
I don't know why ???Now that most people are disappointed with the crypto market, it's time for growth to begin again. Just like in 2022, this drop was natural to shift funds from meme coins to more useful projects in the crypto market.I Expect Bitcoin to reach $123K. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ❗Disclaimer ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDLong
by CobraVanguard
8
BTC's Potential Up & Down Price Target (Short-Term)BINANCE:BTCUSDT has both bullish and bearish scenarios in play now. These days, the crypto market has been stagnant—no real pump, no real dump. 🔻 If it drops, how low will it go? There’s a potential multiple-top pattern. If CRYPTOCAP:BTC breaks below the neckline at $92,000 with volume—or fails to reclaim it—then the target drop sits at $77,000. 🚀 If it pumps, how high can it go? A potential multiple-bottom pattern is forming. If MARKETSCOM:BITCOIN breaks above the neckline at $107,000 with volume—or successfully retests it—then the target is $130,000. 🔥 Short-term strategy The Feb 3rd candle had significant volume and has been a key resistance level multiple times. This makes it a strong reference point for entries. (See orange & light blue arrows.) 1️⃣ Long Setup Entry trigger: $102,500 (Feb 3rd high) Stop loss: $91,231 (Feb 3rd low) 2️⃣ Short Setup Entry trigger: $91,231 (Feb 3rd low) Stop loss: A$102,500 (Feb 3rd high) 💡 Prices vary across exchanges. Use the levels from your trading platform. 🔴 Read my signature & publications for more info you don’t want to miss. 🔥 for more future script "guesses" like this!
by Harold_123
BTC (Bitcoin) double top forming? The Bitcoin (BTC) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since the spike to all time high of 109,000 on 20th January 2025, the BTC price action is starting to display some signs of bearish behaviour by potentially forming a double top reversal pattern. The key trading level is at the “Neckline” 91,900 level, which is the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 91900 level could target the upside resistance at 100,650 (20 day moving average) followed by the 105,590 and 109,460 levels over the longer timeframe. Alternatively, a confirmed loss of the “neckline” 91,900 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 85,275 support level followed by 79917 and 75060 ( 200 day moving average). 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.
TRADENATION:BTCUSD
by TradeNation
BITCOIN Will Go Up From Support! Long! Take a look at our analysis for BITCOIN. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 95,942.4. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 99,724.2 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
OANDA:BTCUSDLong
by SignalProvider
1
BTC (BITCOIN) IDEA IS HERE Hello Guy's Welcome To Another Day Of TRADING Here we are mapping chart of BTCUSDT ( BITCOIN ) in 30-M TF This chart shows Bitcoin’s price movement over time. The Pattern: The price is moving inside a triangle shape, getting squeezed between two lines. Resistance Zone: Bitcoin tried to go above $97,000 but got pushed down RESISTANCE LEVEL. 96800/97000 TARGET WILL BE. 94000 If the price breaks below the lower line of the triangle, it may fall further, possibly to $94,000 or lower..
Short
by Art_of_TradingFX
HelenP. I Bitcoin may drop below support level, breaking itHi folks today I'm prepared for you Bitcoin analytics. A few days ago, the price bounced off the trend line and dropped to the resistance level, which aligned with the resistance zone, and eventually broke through it. After that, the price continued its decline and even fell below the support level before quickly reversing. Following this reversal, the price made a sharp move up to the resistance zone but soon started falling again, breaking the 100500 resistance level in the process. Some time later, BTC dropped to the support level, which coincided with the support zone, and attempted to rise. However, it failed and corrected back to the 94800 support level. The price traded near this level for a while before rebounding to the trend line. Recently, it turned around again and resumed its downward movement. Currently, I anticipate that BTCUSDT will rise toward the trend line before eventually breaking below the support level. For this scenario, I’ve set my goal at 93200, which is below the support zone. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
3
BITCOIN bounced on last Cycle's Pivot and targets $125k.Bitcoin (BTCUSD) has been consolidating every since the Double All Time High (ATH) formation of December and January. As we've pointed out in previous analyses, this is similar to the December 2023 - January 2024 consolidation. What we haven't seen before and we bring it forward to you today, is that the January 2025 Low was priced exactly on the Higher Highs trend-line that emerged from the November 2021 and April 2021 Highs, i.e. the previous Cycle's tops! To make things more interesting, we can see an identical Higher Highs trend-line that held the January 2024 Low (of the similar consolidation phase we discuss above) with an identical 1W RSI sequence as well. That was what initiated the February - March 2024 rally. Assuming the current Low holds, BTC should kick start any time now the new 2025 Bullish Leg, which technically eyes the Higher Highs trend-line of the current Bull Cycle (dotted line). Even if it starts as early as this week, it should target at least $125000. Do you think that is a plausible scenario, assuming the former Higher Highs trend-line, which has now turned to a pivot, holds? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
15
No longs by far. 90-92K stands in focusMorning folks, Last time we were speaking about possible upside bounce to ~102.5K area. But BTC has failed three attempts to move out from support level where it stands. Despite that upside momentum was not bad. With the recent high CPI on the table and weekly DRPO "Sell" pattern on the back, we suggest that downside action could start at any time. First target will be ~90-92K area just because this is daily oversold. Weekly pattern suggest target around 80-81K. By this reason we do not consider any new intraday longs by far. Besides, on daily chart today we could get bearish grabber that supports adea of 90-92K lows level.
COINBASE:BTCUSDShort
by Sive-Morten
BTCUSD: 4H Bull Flag targeting 103,000Bitcoin is neutral on its 1D technical outlook (RSI = 44.119, MACD = -816.800, ADX = 35.629) as it may have reached the 4H MA50 today but remains ranged inside a Channel Down since February 4th. According to the 4H RSI, this is technically a Bull Flag pattern like the one on Dec 26th-30th that was also formed during a 4H Death Cross. The Bull Flag bottomed and rebounded to the 1.382 Fibonacci extension. We can be bullish (TP = 103,000) at least on the short term. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
1
BTC CPI 1H (Jan) CPI (YoY)- PREVIOUS: 2.9% FORECAST: 2.9% ACTUAL: ?? Consumer price index data release rolls around once again, this time the forecast is no change (0.0%) remaining at the same December 2024 level of 2.9%. It is important to note that after this data release there isn't any further news events of note until next month so BTC no planned interference from data releases. As we go into the data release volatility on the LTF is common and so maybe we'll see a break of this painful trend bitcoin has been stuck in since the sell-off event. With that in mind here are some entry ideas for longs and shorts: Long: - The safest option/ highest probability would be a breakout from the bearish downtrend, a retest as new support and begin the move up back towards RANGE HIGH. - A sweep of the green bullish OB zone with a tag of the lower bearish trend line. A good R:R IMO with the first point of interest being the LOCAL RESISTANCE/ bearish trend high. Short: - The bearish scenario would be a loss of the $91K support level that has held for the last 10 weeks in a row and is the daily range low. If price accepts under that level things could get ugly as there is no support until $85K.
by ProR35
4
Turn off the log and see the Bitcoin waves.The Bitcoin market is delivering a powerful signal as it not only hit but exceeded the monumental $100K milestone. This follows three significant bull runs characterised by substantial retail participation in 2017, 2021, and the dramatic surge leading up to Trump's presidential inauguration on Jan 20th 2025. You don’t have to be an expert in Elliott Wave theory to recognise the five prominent upward waves and the three smaller downward waves (a, b, c) illustrated on this monthly chart. Elliott Wave theory serves as a tool in technical analysis, helping to interpret a security's price fluctuations over time by pinpointing recurring eight-wave patterns within the return data. Ralph Nelson Elliott unveiled his groundbreaking theory in the 1930s, gaining recognition for accurately forecasting the stock market's lowest point in 1935 through meticulous analysis of long-term indices and historical trends. The Elliott wave theory serves as a technical analysis framework, asserting that stock price fluctuations primarily manifest in waves rather than straightforward patterns. This approach shares notable similarities with the Dow theory, as both suggest that price movements unfold in waves rather than mere linear sequences. Do you think we might have actually experienced a left-translated bull run? Or do you feel this is merely a reset in sentiment, characterised by sideways price movements, while crypto still has the potential to soar to the lofty heights that mainstream influencers eagerly promote?
INDEX:BTCUSD
by BallaJi
2
Bitcoin below $96K – Miners trigger a sell-offThe price of Bitcoin (BTCUSD) has dropped more than 3% in the past 24 hours, closing around $96,000 amid aggressive selling by miners. Over 2,000 BTC have been transferred to centralized exchanges since Bitcoin’s recovery to GETTEX:98K , intensifying downward pressure on the market. This price decline is driven by miners’ efforts to reduce their reserves in response to market instability. At the same time, Bitcoin mining difficulty has increased by 5.6%, signaling new challenges for the industry and adding pressure on the cryptocurrency’s value. Typically, asset transfers to centralized exchanges indicate a readiness to sell, whereas transfers to custodial wallets suggest long-term holding. Over the past two weeks, Bitcoin has repeatedly dropped below the $100K mark, influenced by uncertain U.S. trade policies and negative macroeconomic signals from the Labor Department report. A brief recovery failed to sustain bullish momentum, leading to large-scale sell-offs and further price declines, keeping altcoins under constant pressure. As a significant part of institutional Bitcoin demand, miners continue to shape market dynamics. However, over the past seven days, selling activity has slowed as investors anticipate a potential price rebound. FreshForex analysts forecast that BTCUSD retains the potential for recovery and even new all-time highs, while Standard Chartered suggests Bitcoin could reach $500K by 2028.
SAXO:BTCUSDLong
by Fresh-Forexcast2004
Bitcoin Continues to Trade in a RangeA few weeks back we published the Bitcoin chart and highlighted how in the history of Bitcoin Futures, whenever Large Speculators were net-long, Bitcoin did not rally. Well, here we are and still it trades in a range as Large Speculators are net-long. The amount in positioning has fluctuated but as of Last week, they remain bullish. Historically, Large Speculators are hedge funds who trade the markets with enough size that they have to report to the CFTC. It will be interesting to see what Bitcoin does from here, especially if there is a significant move in net positioning either way. Whether Large Specs increase their position or become net-short, tracking this data weekly may provide more insight on the price of Bitcoin, especially in this new political environment, and administration that is bullish Crypto so far.
CME:BTC1!
by Crowded_Market_Report
1
Bitcoin Dips to $94K Amid Hotter-Than-Expected US CPI DataThe cryptocurrency market experienced a sharp selloff following the release of the latest US Consumer Price Index (CPI) data, which came in hotter than expected. Bitcoin, the flagship cryptocurrency, fell by 3% to $94,000, reflecting the broader market’s reaction to rising inflation concerns. The January CPI data revealed a 3% year-over-year (YoY) increase, up from December’s 2.9%, while the monthly CPI rose to 0.5%, exceeding market expectations. This unexpected spike has reignited fears of a prolonged hawkish stance by the Federal Reserve, dampening investor sentiment across both traditional and crypto markets. Inflation Woes and Macroeconomic Pressures 1. Hotter-Than-Expected CPI Data The US Labor Department reported that the January CPI inflation rose to 3% YoY, surpassing the market consensus of 2.8%. On a monthly basis, inflation increased to 0.5%, up from December’s 0.4%. Core CPI, which excludes volatile food and energy prices, also came in higher than expected at 0.4% monthly and 3.3% YoY. These figures indicate that inflationary pressures remain persistent, complicating the Federal Reserve’s path to rate cuts. 2. Federal Reserve’s Hawkish Stance The Federal Reserve has maintained a cautious approach to monetary policy, with Chair Jerome Powell emphasizing the need for more evidence of cooling inflation before considering rate cuts. The hotter CPI data has further solidified the Fed’s position, reducing the likelihood of near-term rate cuts. This has weighed heavily on risk assets, including cryptocurrencies, as higher interest rates typically reduce liquidity and investor appetite for speculative investments. 3. Impact on Crypto Market Sentiment The crypto market has been highly sensitive to macroeconomic data, and the latest CPI release has exacerbated existing fears. The global crypto market cap fell by 3.3% to $3.1 trillion, with Bitcoin leading the decline. The US 10-year Treasury yield surged by 2.05% to 4.630%, while the US Dollar Index (DXY) rose by 0.42% to 108.290, adding further pressure on Bitcoin and other cryptocurrencies. Technical Analysis 1. Immediate Price Reaction Bitcoin’s price dropped sharply from $96,488 to $94,000 within minutes of the CPI data release. This decline reflects the market’s immediate reaction to the negative macroeconomic news. As of writing, Bitcoin is down 1.23%, trading near the oversold region with a Relative Strength Index (RSI) of 38. 2. Key Support and Resistance Levels - Support: If selling pressure persists, Bitcoin could test the $80,000 support level, a critical psychological and technical threshold. - Resistance: A breakout above the 38.2% Fibonacci retracement level could reignite bullish momentum, potentially pushing Bitcoin back toward the $100,000 mark. 3. Chart Patterns and Indicators Bitcoin’s price action is currently hovering near key moving averages, indicating a tug-of-war between bulls and bears. The RSI at 38 suggests that Bitcoin is nearing oversold territory, which could attract buyers looking for discounted entry points. However, the overall trend remains bearish in the short term, with the falling RSI and declining price action signaling caution. 4. Market Sentiment and Volume Trading volume has spiked following the CPI release, indicating heightened market activity. The increased volume during the selloff suggests that investors are reacting strongly to the macroeconomic data, with many opting to take profits or reduce exposure to risk assets. Conclusion: The latest US CPI data has underscored the crypto market’s sensitivity to macroeconomic developments, with Bitcoin and other digital assets experiencing significant volatility. While the short-term outlook remains uncertain, the long-term potential of Bitcoin and the broader crypto market remains intact.
COINBASE:BTCUSDLong
by DEXWireNews
MEUSDT Falling Pattern Breakout with 200%-250% Potential GainsMEUSDT has recently broken out of its Falling Pattern, signaling the potential for a strong price rally. A Falling Pattern often sets the stage for a reversal, and with the breakout now complete, MEUSDT is poised to enter a bullish phase. The pattern, which typically consists of lower lows and lower highs, has now formed a solid foundation for the price to move upward. With good volume supporting this breakout, there’s strong market confidence in the project, and traders are anticipating a surge in price. The expected gain range for this move is substantial, with projections of 200% to 250%+, making this a highly attractive opportunity for those looking to capitalize on significant upside potential. The breakout from the Falling Pattern is a key technical event that signals a shift in market sentiment. As the price pushes higher, the breakout confirms that the bears may have lost control, and the bulls are now taking charge. With volume continuing to support the move, it increases the likelihood that MEUSDT will maintain upward momentum. As more traders and investors take notice of this development, the price could continue to rise, potentially testing previous highs and delivering substantial returns for those who timed their entry correctly. Investor interest in MEUSDT has been growing, and this breakout has captured the attention of many in the crypto community. The combination of a completed Falling Pattern, solid volume, and growing market sentiment creates a perfect setup for significant gains. If MEUSDT continues to follow the expected bullish trajectory, it could quickly move into a new price range, delivering impressive returns to traders who are quick to act. This could be the beginning of a strong bullish trend for MEUSDT, and those who enter at the right time could see massive profits. As always, it's important for traders to watch key resistance levels and price action carefully. The next few price movements will determine whether MEUSDT can maintain its bullish trend and reach the expected gains. Given the current breakout and the positive technical indicators, MEUSDT presents an exciting opportunity for traders looking to profit from the next major move in the crypto space. Keeping an eye on volume and support levels will be essential to navigating this setup successfully.
Long
by Alpha-GoldFX
1