Bitcoin (Cryptocurrency)
BTCUSD INTRADAY uptrend continuation supported at 91940The BTC/USD pair maintains a bullish overall sentiment, underpinned by a sustained upward trend. However, recent intraday price action suggests a phase of sideways consolidation, indicating a potential buildup before the next directional move.
Key Levels:
Support: 91,940 (primary), followed by 90,200 and 88,110
Resistance: 99,300, with extended targets at 101,000 and 103,150
A corrective dip toward the key support zone at 91,940 could offer a bullish rebound opportunity. A successful bounce from this level would reinforce the uptrend and pave the way for a test of the 99,300 resistance. A breakout above this level may open the door to further gains toward 101,000 and 103,150 over the longer term.
Conversely, a decisive break and daily close below 91,940 would invalidate the bullish setup, potentially triggering a deeper pullback toward the 90,200 and 88,110 support levels.
Conclusion:
While the broader trend remains bullish, BTC/USD is currently consolidating. Traders should watch the 91,940 support closely—its defence may confirm trend continuation, while a breakdown could signal a short-term bearish reversal.
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.
btc . tue . recap plan to LONG came to fruition
LONG note:
as i found wOpen heavily BULLISH - i was eager to get in early and equaly positioned:
cw0.5 . 94.200
to
cw0 . 92781
entry: 93.975
this left me with not the nicest entry . not all orders were filled . should have favoured increasing order size . one never really knows until it happens . but happy
DAY TRADE note:
a day trade of nysOpen SFP . 95.400 (to ride down for our LONG IDEA)
LONG SUPPORT will show during the day . NICE! . but not taken . it supported our search for LONG though
recap
wOpen . ASIA . LONG
nysOpen . SFP to 5.30pm . LONG
tueOpen . ASIA take profit . rotation to cw0.5 . (LONG in favour)
nysOpen . idealy tp1 : SFP . possibly rotation . (look out for SHORT and LONG)
Bitcoin still defying gravity. Can it hold and continueBTC is flagging out at the previously defined point of interest. Although there are signs of bullish divergence market structure has yet to provide enough evidence that a retracement is in effect. However, the chart shows a volume gap below that presents an opportunity.
Full TA: Link in the BIO
Why does it always go against you? You might be new to trading, you may have several years of experience. But, where a lot of people still seem to go wrong is in not realising the relationships.
I have posted hundreds of educational posts here on Tradingview from cartoons, trying to simplify techniques through to market relationships between technical systems such as Elliott Wave and Wyckoff.
Many new traders fall foul of social media posts covering "SMC - Smart Money Concepts" and are not seasoned enough to appreciate what or why these can work for some and not for others.
You have Elliott Wave traders, there is a saying along the lines of "if you put 10 Elliott traders in a room searching for a wave count you will come out with 11 different answers"
This isn't to say Elliott doesn't work, nor Smart Money.
The market seeks liquidity, it forms seemingly complex patterns that humans try to make sense of. We are great at that, seeing patterns even if they are not there. - Look, there's an upside-down butterfly 1.618 extension!
First, you need to appreciate Elliott Wave counts on smaller timeframe are pointless, especially in the age of algo's and bots. However, sentiment on the larger timeframes can't really be spoofed.
In this first image; you can see a market wave that is straight out of a textbook.
Let's also add some Wyckoff; if you were to visualise this - Wyckoff schematics would be visible on smaller timeframes, the Green boxes represent accumulation and the Red show distribution.
Let's overlay and Elliott Wave count -
Take that to the next level, this count is only part of a higher fractal count.
How does this fit into smart money concepts? well, it's more like - How does Smart Money fit into this?
Elliott waves and Wyckoff have been around for over 100 years. Many of the techniques shown on YT video's today can be traced back to these older concepts.
Now, if you can see how a 1-2 EW count pushes up for a 3. You can zoom in again and start to see what to expect when trading using SMC.
In this image you can see a drop, then a gap as price pushes back up (I haven't bothered drawing wicks for simplicity assume their inside the box)
Many traders would now anticipate a move that looks something like this.
Only to see price do this
Yeah - you're not the only one!
The next issue is where and how Supply and Demand is drawn.
Ok, the gap didn't hold, it must be the demand level there. GO AGAIN!!!
How did that play out? Trade 1, Trade 2 =
What about now?
Price holds the support
This time you are afraid to go in. Then one of two things happens.
1)
Or
2)
In the first image, we can see a sweep of prior liquidity and that creates momentum for a move up. In the second image, price simply melts away.
This is an easy fix. It all comes down to understanding what the charts are trying to tell you.
People love to talk about how "Smart Money" is the banks and institutional players - how they are playing against you on every click of the button.
The truth is, most people don't understand the market.
When larger players enter the market, the can leave a pretty obvious footprint. In addition to that - they leave behind orders they had but were unable to fill. These orders they will be defended with even more buying or selling (if they need to), and this is the premise for a rally and pullback or a drop to pullback.
Now, visualise a 1-2 Elliott Wave move. Why do you think 2 often comes back so deep?
What would you expect the move from 2-3 to do?
Powerful push, yes?
In this image, the move that created demand is simply the opposing colour candle before the power play. The significant move pushed up (showing institutional involvement). Hence, a location they will likely defend.
In addition to the push up, they pushed with so much money - it created a natural gap.
This type of example doesn't always have to be a power play 1-5 up, it could be visualised on pullback moves too.
Here's a great example recently on Euro.
The demand candle 'buy before the sell" is clearly targeted on the way up. Price fails to close above it, drops, goes back to retest - sweeps and drops. If you were to zoom in you will see on smaller timeframes evidence of a Wyckoff schematic with a UTAD.
Add a volume profile there.
As the price breaks above, after it's pullback you can see an acceleration in price and of course the area has the PoC.
Back to where people go wrong.
They will see this GAP created and assume price will come back here to reject and go. However, look closer and the demand that started the move is very near that gap.
Where is the juicy liquidity? PoC is another little clue.
Let's take this to another level.
In this image I have a range, using the prior high just to give the example in this post.
We are in an uptrend = we just broke the high, we expect a Pullback. Where would that likely target?
Zoom in again. This time I have added a fixed range volume tool.
What do you know?!
Anyways, once you get a handle on the bigger picture and understand the relationships, you can zoom into any timeframe you like - the game is always the same.
Have a great week all!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principal trader has over 25 years' experience in stocks, ETF's, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BTCDOM at the threshold of a strong impulseA very interesting situation is now observed on such a ticker as BINANCE:BTCDOMUSDT.P - bitcoin dominance index released by Binance. It differs from CRYPTOCAP:BTC.D in that it shows bitcoin dominance to the top 20 altcoins.
On the weekly chart of BINANCE:BTCDOMUSDT.P there is a very old AMEXP model from June 5, 2023, which essentially describes the entire current uptrend on this index. So within this model there was a target value of 100% level (2625.1), which has been a resistance for 112 days and during this time there were 4 attempts to test it.
In case we see a breakout, there may well be a very strong impulse, which will be accompanied by great volatility in the market.
What two scenarios could work at this point?
1️⃣ Index growth will be due to the fact that the top 20 altcoins will stand still/fall on the background of INDEX:BTCUSD growth.
2️⃣ Index growth will be due to the fact that the top-20 altcoins will fall faster than INDEX:BTCUSD will fall.
Bitcoin surpasses Google: Why BTC rallied to $94,000In April 2025, Bitcoin once again captured the spotlight by breaking above $94,000, reaching a market capitalization of $1.86 trillion. This surge pushed BTC ahead of Alphabet (Google’s parent company), making it the fifth-largest asset in the world.
The impressive rally in Bitcoin this year has been fueled by a combination of macroeconomic factors and developments within the crypto space itself. New financial instruments, political shifts, and technological advancements have made Bitcoin more appealing and accessible to a wide range of investors.
5 key drivers behind Bitcoin’s growth in 2025:
1. Approval of spot Bitcoin ETFs in the U.S.: For the first time, the SEC greenlit spot Bitcoin ETFs, allowing major institutional players to gain exposure through regulated investment products. This triggered a significant inflow of capital into the crypto market.
2. Weakening dollar and stock market declines: As global economic growth slowed and the U.S. dollar lost ground, Bitcoin emerged as a hedge asset — often compared to gold — with investors seeking safer alternatives to traditional markets.
3. Pro-crypto political climate in the U.S.: The new U.S. administration has adopted a supportive stance on crypto, easing regulations and even announcing plans to build national crypto reserves. This strengthened investor confidence across the market.
4. Bitcoin’s growing role as ‘Digital Gold’: The perception of Bitcoin as a long-term store of value continues to rise. More large investors and corporations are now including BTC in their asset diversification strategies.
5. Technological advancements: The rollout of second-layer solutions like the Lightning Network has made Bitcoin transactions faster and cheaper. This has improved real-world usability and expanded the global user base.
In 2025, Bitcoin continues to gain momentum, breaking new records and cementing its role as one of the world’s most important financial assets. The combination of spot ETF approvals, political backing, macroeconomic shifts, and ongoing tech innovation has created fertile ground for its growth. With each passing day, BTC becomes increasingly attractive to both institutional and retail investors — setting the stage for further gains in the coming years.
Still, Bitcoin’s future will depend on how crypto regulations evolve, the pace of technological breakthroughs, and global economic conditions.
$BTC Rejected at .618 Fib - Correction Coming!Textbook rejection at the .618 Fib for CRYPTOCAP:BTC
Now on its way to retest the 200 and 50DMA as expected.
If that does not hold, we’ll go back to my original inverse head & shoulder idea ~$78k.
This will be the catalyst for Bitcoin’s next leg up to $130k end of June.
Bitcoin - All Time Highs Are Inevitable!Bitcoin ( CRYPTO:BTCUSD ) is still massively bullish:
Click chart above to see the detailed analysis👆🏻
Despite the correction of about -30% which we have been seeing lately, Bitcoin remains in a bullish market. Even if we see another drop of about -20%, this will still just turn into a textbook bullish break and retest and either way, new all time highs will follow on Bitcoin.
Levels to watch: $70.000, $400.000
Keep your long term vision,
Philip (BasicTrading)
BTC - NEW ATH on the HorizonBitcoin has surprised us with a sudden turnaround over the past two weeks.
✅ Technical indicators are bullish
✅ Candle stick patterns are bullish
✅ Trendlines are bullish
I can't help but come to any other conclusion - BTC is now BULLISH, likely making it's way to a new ATH.
This will bring about my much anticipated ALTSEASON:
_________________
BINANCE:BTCUSDT
BTC - 4 Cycles Repeating Itself!Hello TradingView Family / Fellow Traders! This is Richard, also known as theSignalyst.
The picture says it all!
🔄Is history about to repeat itself?
If so, we are currently in Phase 2. 📈
What’s next? A dip toward the $75,000 zone is expected before the next impulsive move begins. 📉🚀
📚 Reminder:
Always stick to your trading plan — entry, risk management, and trade management are key.
Good luck, and happy trading!
All Strategies Are Good, If Managed Properly!
~Rich
$BTC back to $59-62kAs you can see from the chart, BTC is rejecting from the range highs which sets up the next (and final) leg lower before we continue the bull run.
Despite the bounce over the last few weeks, all we've done is retested the area which we broke down from back in February.
Now this sets up a large move lower down to the lower support levels at GETTEX:59K -$62k.
After we tag those levels, we'll continue our next move higher into 2026-2027.
BTC Breaks Out Above Key Resistance Bullish Momentum AcceleratesClassic Technical Breakout:
Bitcoin has surged past the critical $91,607 resistance level, which had capped its upside since February. This breakout marks a major shift in market momentum.
Broader Bullish Structure:
The move confirms a larger bullish structure, defined by a consistent pattern of higher lows and higher highs since the March lows, signaling strong market health.
Accumulation Zone Cleared:
Bitcoin’s breakout from the well-established $76,000–$92,000 accumulation zone further strengthens the bullish outlook, highlighting robust underlying demand.
Road to Six Figures:
Now trading above key psychological and technical levels, Bitcoin appears poised for a potential move toward six figures and a retest of all-time highs above $108,000 — as long as it holds above the breakout zone.
Conclusion:
Momentum is clearly favoring the bulls. Bitcoin’s breakout could mark the beginning of its next major rally phase. 🚀📈
#Bitcoin #BTC #Crypto #Breakout #TechnicalAnalysis #Bullish #Resistance #CryptoMarket #MarketUpdate
Bullish Crypto: Top Altcoins Choice —Your Pick (Session 4)You are back!
Are you back are you?
I am getting many new Altcoins requests so let's do a new Top Altcoins Choice session, Your Pick.
Look at this weekly Bitcoin chart, what do you see?
Today is Friday and the session is full green. The action is happening at the top of the candle.
» Can Bitcoin hit $100,000 by next week?
It is possible. Bitcoin can easily grow less than $6,000 in two days.
» Can Bitcoin hit $120,000 before the month ends?
It is possible but not likely, let's be honest.
» Can Bitcoin hit $150,000 in May 2025.
Absolutely, why not, it is actually not that high.
» Can Bitcoin hit $200,000 in this 2025 bull market cycle top?
Bitcoin can hit $180,000, $200,000 or even go beyond.
Look at this weekly chart and tell me in the comments section what do you see?
I see a market that is very strong.
I see bullish action, bears are weak.
Where are the signals that would give strength to a bear in this type of chart? Where is the downside? Where are the negative aspects, it looks green, it is green and ready to grow up and blow.
It is only a matter of time before Bitcoin moves above $100,000 for the second time in its history. The first time of course in December 2024. Then the All-Time High peak, the correction and now we are moving back up.
Are you aware.... Did you know that Bitcoin will never trade back below 80K? I told you buying below 90,000 was a great opportunity, the last chance now to buy below 100,000 before the 2025 bull market bullish wave.
When Bitcoin moves above $100,000 the Altcoins will blow up. The Altcoins are starting to grow now, to recover now but not yet, May 2025 is the month of the Altcoins market maximum growth. Everything will grow, but the Altcoins will grow many times more than Bitcoin because the Alts are smaller, because the correction was stronger on those.
Knowing that the Altcoins market is bullish, recovering a major bottom, set to grow and going green, which one is your Top Altcoin Choice, Your Pick?
Leave a comment with your Choice of Altcoin and I will do an analysis for you, 100% FREE. Choose one pair only and if the chart looks good, I will publish.
Any specific questions leave in the comment, for example: Short-term reversal potential, mid-term targets, All-Time High potential, many signals, chart structure, fundamentals, etc.
Why are you here?
Why are you trading?
How long have you been trading for?
Share some of you; your heart, your mind your soul, share some information about you so that the analysis can be personalized...
Thanks a lot for your continued support.
Let's do a new session of Your Top Altcoins Choice.
Session 4.
Namaste.
Will BTC Correct Before Breaking $96K? CME Gap Still Open!Bitcoin ( BINANCE:BTCUSDT ) moved as it did in the previous post , I hope it was useful for everyone.
Bitcoin is still moving in the upper areas of the Heavy Resistance zone ($95,000-$88,500) , this type of movement does NOT seem to be enough to break Heavy Resistance zone ($95,000-$88,500) , so I still expect a correction .
The volume of Bitcoin's price rebound to the previous high does NOT seem to be sufficient, and even Regular Divergence(RD-) is evident.
According to Elliott Wave theory , it seems that Bitcoin has completed its 5 impulse waves and we should expect another decline . Of course, there is still a possibility that the main wave 4 will be an Expanding Flat(ABC/3-3-5) . But both scenarios can bring us a decline in Bitcoin price .
I expect Bitcoin will NOT be able to break the Heavy Resistance zone ($95,000-$88,500) before the CME Gap($92,525-$91,415) is filled, This is just my analysis of course, considering the above explanation. What do you think?
Cumulative Short Liquidation Leverage: $96,000-$95,095
Cumulative Long Liquidation Leverage: $93,350-$92,551
Cumulative Long Liquidation Leverage: $90,276-$89,160
Note: If Bitcoin goes over $96,100, we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
We are at the decision line. As you can see, the situation is quite clear. If it supports this decision line, new Ath is on its way. But if it cannot support, a bloodbath is on its way.
* The purpose of my graphic drawings is purely educational.
* What i write here is not an investment advice. Please do your own research before investing in any asset.
* Never take my personal opinions as investment advice, you may lose your money.
Things are going well for Bitcoin.Bitcoin's recent downtrend has been broken upwards. The peak between the two bottoms was broken with high volume.
Bitcoin received strong support from exactly the point I mentioned in my previous analysis titled Bitcoin Decision Point. I think it's quite possible that it will reach the 142k target in my analysis. I recommend you to review the analysis I have provided in the attachment.
However, before this rise, Bitcoin may want to retest the peak between the two buttoms it broke above.
* The purpose of my graphic drawings is purely educational.
* What i write here is not an investment advice. Please do your own research before investing in any asset.
* Never take my personal opinions as investment advice, you may lose your money.
Market overview
📈 WHAT HAPPENED?
Last week, we saw an upward breakout from the consolidation phase, leading to a strong, nearly pullback-free long movement. By the end of the week, Bitcoin reached a long-term resistance level, where the momentum stalled, followed by a slight correction.
Currently, we observe weakening buying pressure, with diminishing higher highs. At the same time, there is a significant amount of market sales visible in cumulative delta, which have not resulted in any major moves. The market is in equilibrium, possibly preparing for the next impulse.
💼 WHAT WILL HAPPEN: OR NOT?
In the near term, we expect a retest of the current highs with potential false breakouts. After that, a resumption of selling pressure is possible. We will consider continuing long positions only after testing the nearest support levels.
Sell Zones:
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (aggressive pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$91,500–$90,000 (strong buying imbalance)
$88,100–$87,000 (market sell absorption)
$85,500–$84,000 (accumulated volumes)
$82,700–$81,400 (high volume area)
Level at $74,800
$69,000–$60,600 (accumulated volumes)
📰 IMPORTANT DATES
Macroeconomic events this week:
• April 29, Tuesday, 14:00 (UTC) — release of the US Consumer Confidence Index for April;
• April 29, Tuesday, 14:00 (UTC) — release of US JOLTS (Job Openings) data for March;
• April 30, Wednesday, 01:30 (UTC) — release of China’s Manufacturing PMI for April;
• April 30, Wednesday, 08:00 (UTC) — release of Germany’s GDP for Q1 2025;
• April 30, Wednesday, 12:00 (UTC) — release of Germany’s Consumer Price Index (CPI) for April;
• April 30, Wednesday, 12:15 (UTC) — release of US ADP Nonfarm Employment Change for April;
• April 30, Wednesday, 12:30 (UTC) — release of US GDP for Q1 2025;
• April 30, Wednesday, 14:00 (UTC) — release of US Core PCE Price Index for March, along with year-over-year comparison;
• May 1, Thursday, 03:00 (UTC) — release of Japan’s Interest Rate Decision;
• May 1, Thursday, 12:30 (UTC) — release of US Initial Jobless Claims;
• May 1, Thursday, 13:45 (UTC) — release of US Manufacturing PMI for April;
• May 1, Thursday, 14:00 (UTC) — release of US ISM Manufacturing PMI for April;
• May 2, Friday, 09:00 (UTC) — release of Eurozone Consumer Price Index (CPI) for April;
• May 2, Friday, 12:30 (UTC) — release of US Average Hourly Earnings, Nonfarm Payrolls, and Unemployment Rate for April.
*This post is not a financial recommendation. Make decisions based on your own experience.
#analytics
TradeCityPro | Bitcoin Daily Analysis #75👋 Welcome to TradeCity Pro!
Let’s move on to Bitcoin and major crypto index analysis. As usual, in this analysis, I want to review the triggers for the New York futures session for you.
🔄 Yesterday's Analysis
In yesterday's analysis, I told you that if the price stabilizes below 93626, I expect a correction down to 91945.
However, this didn’t happen and the price faked below this area and moved back up, and now its trigger has been activated.
Let’s move on to today’s analysis to see what triggers are suitable for today.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, as I said, the price faked downwards and moved up again, activating the first trigger at 94421.
The 94421 trigger was a preliminary trigger for the breakout of 95306, so if you opened this position, I suggest you wait to see if the price breaks the 95306 resistance or not.
✔️ The main trigger for a long position is still the breakout of 95306, which can start the next bullish leg for Bitcoin.
If you plan to open a position upon the breakout of this area, pay attention to the volume, and if volume increases at the same time, I suggest you definitely have a position.
💥 In the RSI oscillator, as you can see, the divergence we had in the previous bullish leg has been activated, and we can see its effect in the market, and now a new structure is forming, getting close to the Overbuy area.
⚡️ If RSI enters Overbuy and the 95306 resistance is broken, we could see a sharp and fast move toward the 98828 resistance.
📉 For a short position and for Bitcoin’s trend to turn bearish, yesterday I told you we have a risky trigger at the break of 93626, but I personally wouldn’t open a position with this trigger because it’s risky and I prefer to wait for a confirmed trend change.
🔍 Currently, the trigger I have for a trend change in Bitcoin is the break of 91945 and forming a lower high and lower low below this level. Otherwise, we should wait to see if a new structure for a trend change forms in the coming days.
👑 BTC.D Analysis
Let’s move on to Bitcoin Dominance analysis.
As you can see, Dominance has finally exited the range it had formed between 64.19 and 64.41, breaking 64.19 and moving downward.
🧩 If this decline continues, the next major support area for Dominance is 63.67, and Dominance could fall to this level.
If this happens simultaneously with Bitcoin’s rise, altcoins could experience a lot of sharp bullish moves.
📅 Total2 Analysis
Let’s move on to Total2 analysis.
As you can see, this index also faked the floor it had formed, and this fake breakout has brought bullish momentum into the market, and now it has managed to stabilize above 1.05.
⭐ The reason Bitcoin is still struggling with its resistance and hasn’t broken it yet is because Bitcoin Dominance is decreasing, causing Bitcoin to move upward slower than Total2.
📊 Currently, the next resistance for Total2 is the 1.07 area, and the probability of the price reaching this level is high.
If this bullish move gets faked, breaking 1.03 will be a good short trigger.
📅 USDT.D Analysis
Let’s move on to Tether Dominance analysis.
I believe the market is still waiting for Tether Dominance to move out of the range box formed between 4.99 and 5.14.
🚀 If the 4.99 level is broken, it can confirm that the market is turning bullish.
I think this trigger could start Bitcoin’s move toward a new ATH.
🎲 If 5.14 is broken instead, we can confirm the end of the bullish trend that the market has had in recent days.
❌ 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.
BTC Potential Breakout, Daily DivergenceBTC on the daily has the opportunity to expand way upwards over the next month - a divergence on the daily evidently takes longer to play out but RSI could easily reach 80 off the back of the structure.
I have been shorting, confidently, for a good few weeks now, with longs in between, but I'm starting to feel like I should flip long.
Solana is also trying to reclaim the daily/weekly range - things to think about for sure.
Good luck out there!
Bitcoin: Will Bitcoin reach $100,000?!Bitcoin is above the EMA50 and EMA200 on the four-hour timeframe and is in its ascending channel. The continuation of Bitcoin's upward movement towards the supply zone will provide us with its next selling position with an appropriate reward to risk. In case of Bitcoin's downward movement towards the specified demand zone, we can look for its next buying positions.
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy in the demand range.
During the recent trading week, from April 21 to April 25, U.S. spot Bitcoin ETFs recorded over $3 billion in capital inflows. This figure marks the second-largest weekly inflow in the history of these ETFs, following the $3.4 billion inflow recorded in November 2024.
Thanks to this momentum, Bitcoin managed to climb above the $95,000 mark for the first time since February. Data reveals a notable increase in market participants’ optimism, with bullish posts on social media reaching their highest level since the night of Trump’s election victory on November 5, 2024.
More than 7,000 Bitcoins, worth over $500 million, were withdrawn from the Coinbase exchange. This trend could signal institutional accumulation and reflect a strongly bullish sentiment in the market.
During the 2018 trade tariff war, Bitcoin experienced a sharp 84.5% collapse, plunging from around $19,400 in December 2017 to approximately $3,000 by December 2018. This price decline coincided with intensifying global trade tensions.
However, Bitcoin’s price later rebounded following the Federal Reserve’s interest rate cuts and an improvement in liquidity conditions. The attached price chart clearly illustrates Bitcoin’s steep decline between December 2017 and December 2018.
According to data released in March 2025, major global corporations have significantly strengthened their presence in the digital asset market. At the top of the list stands MicroStrategy, holding over 500,000 BTC — far surpassing other companies.
Following MicroStrategy, companies such as Marathon, Galaxy Digital, Tesla, Coinbase Global, Hut 8 Mining, Riot Platforms, Block, CleanSpark, and Metaplanet respectively hold the largest Bitcoin reserves. This group of key players from technology, mining, and financial services sectors view Bitcoin as a critical part of their long-term strategies.Moreover, between April 7 and April 13, MicroStrategy purchased 3,459 Bitcoins at an average price of $82,618 per coin, totaling $285.8 million.