Bitcoin (Cryptocurrency)
Bitcoin: Price Bounce Back To 100K Area?Bitcoin has rejected the 105K AREA resistance (wrote about this for two weeks see previous). Risk for longs was very high in that area, if you bought, now you pay. The 100K support was cleared but there is some minor support around the mid to high 96Ks (see arrow). There may be a brief retrace from here back to the low 100Ks over the next day or two. IF the 95K area is cleared, the 90K support can be tested quickly. This is a very high momentum environment, the key to navigating this is paying more attention to the bigger picture and adjusting risk by sizing smaller.
Knowing your environment is key to adjusting effectively. For example, in the recent weeks, price action on smaller time frames has been extreme, moving 500 points in less than a minute. While this may sound great on paper, the problem is getting caught in noise will be very expensive, since the whole point of working on smaller time frames is to utilize larger size. This is where zooming out and getting smaller with the plan of averaging into a position can help to better control risk while minimizing getting caught in noise.
On the daily chart, pay attention to the levels and how price reacts on time frames like the 4 hour (swing trades). Notice the pin bar (arrow) off the 96K area recently. This serves as a point of reference for longs. A reversal candle or strong close on a smaller time frame like 4 hour or 1 hour can prompt you to take a smaller position with a much wider than usual stop (like 2 to 3K points). If Bitcoin fails, and price action stays bearish, you get stopped out but you never add to the position. You lose on small size. IF Bitcoin shows strength off this level instead you can justify an add, and aim for at least 2 to 3K profit objective (100K to 102K area).
The point is you are adjusting your risk to the environment. If there is any skill to this game, it is knowing how to adjust your style, size, risk as the environment changes.
The market gives the clues and that is the best source to acknowledge them from. Bitcoin has been in a consolidation since mid December with the 108K AREA being the high and the 90K AREA being the low. While the general trend is bullish, there are going to be numerous swing trade opportunities within the range, especially at the extremes. In ranging environments BOTH support and resistance levels can hold UNTIL the range eventually breaks. You are better off adjusting to the price action around the major and minor levels within this range rather than trying to forecast the breakout to 200K.
Thank you for considering my analysis and perspective.
Bitcoin Bull Market: End of the Run or Power Accumulation?Bitcoin Bull Market: Over or Just a Strategic Pause?
Trend Overview:
- The market is currently following a primary ascending channel, suggesting an overall bullish trend with periodic retracements.
- The price has recently experienced a bullish breakout, followed by a brief consolidation within a bearish channel.
Resistance & Support:
- The chart highlights key resistance levels: $109,356 (ATH Jan 2025) and $103,757 (recent resistance).
- Support is noted around $79,579, with additional support at $71,400 and the demand zone near $49,736.
Key Price Action:
- A bearish area confirmation is marked, suggesting the price could drop sharply if the daily candle closes below $92,800. The anticipated drop could target the next support levels at $79K and $71K.
- The range between $64,938 and $49,736 indicates a previous consolidation period, which could act as support if the price moves lower.
Outlook:
- If the price holds above the support levels (particularly the $92,800 level), it could potentially continue moving toward the resistance zone. However, if the market breaks below the support lines, further downside to the $71,400 and $64,938 levels is likely.
- If the weekly candle closes above $104,570, it would signal a strong bullish trend, potentially leading Bitcoin toward the $127,000 level. This breakout above the resistance could indicate further upside momentum, pushing the price to test higher targets and possibly reaching a new all-time high.
TOTAL Crypto Cap. Who called 800-pound Gorilla to enter a chatThe influence of Donald Trump on cryptocurrency markets has been a topic of significant discussion, particularly in light of his recent inauguration and the launch of various crypto-related initiatives. His evolving stance on cryptocurrencies, particularly Bitcoin, has led to both volatility and optimism within the market. This overview explores the implications of Trump's actions and statements on the cryptocurrency landscape, focusing on the factors contributing to market fluctuations and the broader economic context.
Trump's Evolving Stance on Cryptocurrency
Historically, Donald Trump has had a mixed relationship with cryptocurrencies. Initially dismissive, he referred to Bitcoin as "based on thin air" and a threat to the U.S. dollar. However, as his US-elections campaign progressed, his views shifted towards a more favorable outlook. In recent pre-elections statements (usual populist election rhetoric), Trump has expressed intentions to position the U.S. as "the crypto capital of the planet", for example.
This shift aligns with a broader trend where economic uncertainty has made alternative assets like Bitcoin more attractive. During Trump's first term, Bitcoin's price skyrocketed from around $1,000 to over $40,000, reflecting increased interest in cryptocurrencies as a hedge against traditional financial instability. Following his reelection in 2024, Bitcoin surged past $100 000, attributed in part to renewed investor confidence driven by Trump's pro-crypto rhetoric and cabinet appointments.
The Launch of Memecoins and Market Volatility
The recent launch of memecoins associated with Trump, such as $TRUMP and $MELANIA, exemplifies the volatility that can arise from his influence in the crypto space. These coins saw dramatic price fluctuations shortly after their introduction; for instance, $TRUMP's market capitalization soared to $14 billion before experiencing a significant crash. This volatility raises concerns about market manipulation and the sustainability of such speculative assets.
Factors contributing to this volatility include:
Market Saturation. The cryptocurrency market is highly competitive, with thousands of coins vying for attention. New entrants can dilute demand for existing coins, leading to price declines.
Lack of Utility. Many memecoins lack inherent utility or clear use cases, making them susceptible to speculative trading rather than long-term investment.
Regulatory Uncertainty. The evolving regulatory landscape can create unpredictability in the market. Trump's administration has indicated support for crypto-friendly policies; however, regulatory frameworks remain unclear.
The United States of TRUMPAMERICA
Trump's presidency coincides with heightened economic uncertainty due to various pro-inflationary factors, including US-centric tariff policies, trade wars and geopolitical tensions.
Despite initial optimism following Trump's election victory, there are concerns about whether his administration can deliver on its promises regarding cryptocurrency regulation and support. While some investors have benefited from short-term price surges attributed to Trump's influence, questions remain about the long-term sustainability of these gains.
Regulatory Developments and Future Implications
The establishment of a crypto task force under Trump's administration aims to create a comprehensive regulatory framework for digital assets. While this initiative is viewed positively by many in the crypto community, it remains uncertain how effectively it will address existing challenges within the market.
Technical Challenge
The main technical graph for CRYPTOCAP:TOTAL Crypto Cap indicates on Bearish trend in development, since "Double Top" technical figure has occurred a day before Mr. Trump entered the room.
The minor RSI (14) chart indicates also that Bullish optimism is getting sluggish so far.
Conclusion
Donald Trump's influence on cryptocurrency markets is multifaceted and continues to evolve. The recent volatility associated with memecoins underscores the speculative nature of digital assets while highlighting the broader impact of political fart on investor sentiment.
BTC/USDT 4H Analysis: Bearish Breakdown or Rebound?📉 Bitcoin (BTC/USDT) 4H Chart Analysis
🔴 Overview:
Bitcoin is trading at $101,847 (-0.22%) on the 4-hour timeframe.
The price is moving within a descending wedge/pennant pattern.
Key EMA (200): Currently at $100,781, acting as dynamic support.
📌 Key Levels & Analysis:
Resistance Zone (~$102,000 - $103,000): Price is struggling to break above this level.
Support Zone (~$97,500 - $98,500): A key demand zone where buyers may step in.
⚠️ Potential Scenarios:
Bearish Breakdown ⬇️
If BTC loses the $100,800 EMA support, a drop towards $98,000-$97,500 is likely.
The marked arrow suggests this bearish move.
Bullish Rebound ⬆️
If BTC holds above EMA 200 and reclaims $102,000, a breakout towards $104,000-$106,000 could follow.
🧐 Final Thoughts:
Short-term trend: Bearish bias unless price reclaims resistance.
Watch for a break below $100,800 for further downside.
RSI & Volume Confirmation Needed for stronger signals.
BITCOIN - Price can touch resistance level again and then fallHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A few days ago, price declined inside falling channel to $92100 level, after which it turned around and started to grow.
In a short time, price exited from channel and broke $99500 level, but when it started to trades in a wedge, it dropped back.
Price some time traded near $92100 level and then in a short time rose to $106500 level, breaking $99500 level again.
Then BTC exited from wedge and started to trades inside flat, but firstly it rose to $109K points and then fell back.
Inside flat, price corrected to $99500 level and then in a short time rose to $106500, after which started to fall.
I think BCT can touch resistance level one more time and then fall to $99500 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Can Bitcoin surprise the world again?Good day fellow traders and investors,
The short answer for the question in the heading is... Yes, Bitcoin will always surprise the world.
Since Novembers move into December, bitcoin for the first time has broken above this fairly substantial resistance trend line that gave bitcoin a very strong rejection back in 202. THIS IS VERY POWERFUL!!
Bitcoin from what I see here is showing strong price support above this line that was resistance back in 2021. It has confirmed so far the bottom of the zone as support, I would like to see it catch support on the top of the zone. Doing so, could lead to a massive breakout all the way up to 170k, which could lead to the parabolic top of this market.
Any way you cut it, the more it holds above this trendline the more likely it will lead to the biggest breakout in recent years. I personally am very bullish as long as bitcoin stays above this zone.
Also, the indicators I have used are the PANPAN XBT RISK METRIC and Oscillator.
This is not finical advice and I am not your financial advisor.
If you like this chart and my work share this chart with your friends and let me know what you think in the comments.
Cheerios,
WeAreSat0shi
BITCOIN (15m)The price will rise to the trend line and then drop towards the support. This analysis is in the 15-minute time frame.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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BTCUSD at Major Resistance – Will Sellers Take Control?COINBASE:BTCUSD reached a significant resistance zone. This zone has consistently acted as a key area of interest where sellers regained control, leading to prior reversals.
If the price confirms a rejection through bearish price action, such as wicks signaling rejection or bearish engulfing candles, I anticipate a move downward toward the $101,155 level.
However, if the price successfully breaks and holds above the resistance zone, this would invalidate the bearish outlook and could open the door for further upside. Traders should monitor price action closely at this critical resistance area.
Let me know your thoughts or if you see an alternative perspective!
My bitcoin chart tonight.The bottom line is from the 2023 low, which may be our ultimate target.
There is a very good chance Trump walks back the tariffs because he is like that. Talks tough and then cowers when his ideas are shown to be problematic.
If they walk the tariffs back, we likely get a relief rally, but the ultimate direction is down.
BTCUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
BTC/USDT CHART ANALYSIS#BTC after a big drop we experienced recently, we expect to have wave (5) of growth up to 70-80 thousand dollars which I can reach by 2023, where to reach this value BTC must first go above $45-50k and hold on to it, after this last cycle we may experience a big drop to take a path to $150-200k, but we will see how BTC will act in time.
CHART: 1W
LONG-MID TERM
Bitcoin Game Plan - BTC PREDICTIONHello folks, it's time to update the BTC game plan.
My previous Bitcoin game plan worked precisely. The timing and price levels were 100% accurate, and as expected, we saw a new all-time high (ATH). I hope you managed to make some profits!
I’ve attached the previous BTC game plan below—feel free to give it a look.
New Game Plan:
Bitcoin has set a new ATH, but it seems we’ve encountered significant selling pressure at that level, and we couldn’t close above it. This indicates Bitcoin doesn’t yet have enough liquidity to expand higher.
From this perspective, I expect the price to retrace slightly, grab some liquidity from the buy side, and then continue its upward journey.
Scenario 1:
Price grabs the lows below and hits the purple line (Range High) before bouncing to a new high. (Less likely)
Scenario 2: (Marked on the chart)
Price grabs the lows completely and retraces to the blue bullish trendline, bouncing from there. We might even create a deviation below the blue line, trapping bears who aggressively short after a trendline break, and bounce from the green zone marked just below the blue line. (This is my preferred scenario.)
Scenario 3:
Price retraces further to grab all the way down to the lows and bounces from the black trendline we previously broke.
I’m sharing all three potential scenarios for clarity.
Also, with a pro-crypto president currently in office, any significant bullish news could send Bitcoin skyrocketing. Keep this in mind.
I remain overall bullish on Bitcoin. I firmly believe we haven’t seen the top yet. Despite the panic and sell-off from some gurus on X and TradingView who claim we’ve topped, I personally think we’re not even close to the peak.
BTC: Bearish Scenario - Potential Crash to $100,Simple Idea - Not Financial Advice!
This is a highly speculative scenario, but one worth considering: a potential major Bitcoin crash bringing the price down to the $100,000 range and below.
Observations:
The current macroeconomic climate, could be contributing to a significant shift in market sentiment.
A breakdown below key support levels at mention specific price levels, $103,000 could trigger a cascade of sell orders.
The psychological impact of breaking the important 100,000 mark could further accelerate the decline.
This is a highly speculative scenario and may not play out.
BINANCE:BTCUSDT
Disclaimer: This idea is for informational purposes only and should not be considered financial advice. I am not responsible for any losses incurred. Trading cryptocurrencies involves substantial risk.
Good luck!
HelenP. I Bitcoin will grow to resistance level and then dropHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price broke the support level and tried to grow more, but failed and in a short time declined to 91900 points firstly and then it fell to the trend line. After this, BTC turned around and started to grow inside a triangle pattern, where it soon reached the 98800 level, broke it, and continued to move up, after retesting. Later BTC rose to a resistance level, which coincided with the resistance zone, and even rose higher and reached a new ATH, but then it turned around and dropped below the resistance level, breaking it one more time. Then the price tried to return, but failed and some time traded near the 106400 level and then dropped to the support zone, where it reached the trend line, which is the support line of the triangle as well. After this, it rebounded up to the triangle pattern's resistance line, which continues to trade to this day. So, I expect that BTCUSDT will make a move up to the resistance level and then start to decline to the trend line, therefore I set my goal at 101K points, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
Will Bitcoin Deposit 30,000 Forever?As you can see, Bitcoin is heading to the lower trend line
Will he break the last line of defense and go back to the $400 box?
Or will he continue his career to 128000 dollars?
Indicators in oversoldness, 6 days left to discover the truth
Note: There is a possibility of right or wrong