Bitcoin - Weekly Forecast - Technical Analysis & Trading Ideas!Midterm forecast:
73777.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
A trough is formed in daily chart at 78181.05 on 02/28/2025, so more gains to resistance(s) 98489.63, 101430.12, 105431.17 and more heights is expected.
BITSTAMP:BTCUSD
Take Profits:
94200.00
98489.63
101430.12
105431.17
109932.89
115000.00
120000.00
125000.00
130000.00
134142.91
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Bitcoinprice
Insane Growth Is Just Beginning For Bitcoin BTCHello, Skyrexians!
Recently we made two analysis on BINANCE:BTCUSDT . In the first one we pointed out that $80k is going to be the reversal point, in the second that bullish reversal bar has been confirmed at $85k. Now we are seeing how it is playing out. This is just the beginning of a pump. Here is why.
On the daily time frame we can see the green dot on the Bullish/Bearish Reversal Bar Indicator which has appeared when price bounced form. 0.5 Fibonacci. For us this is the clear sign that wave 2 has been finished and now Bitcoin is printing wave 3. This wave has the most realistic target next to $180k at 1.61 Fibonacci extension, but the strong resistance can be met at $140k.
Best regards,
Skyrexio Team
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Secure Profits of LONGBTC/USDT 1H Technical Analysis – Updated Insights
🟢 BitcoinMF Signal: TP Hit – Key Resistance Zone
The BitcoinMF PRO indicator's long signal successfully hit the Take Profit (TP) target, aligning with a resistance level around $94,410. This area is now a critical decision point for BTC's next move.
📊 Advanced Technical Breakdown:
1️⃣ Fibonacci Retracement & Extensions:
To assess potential support and resistance levels, key Fibonacci levels have been recalculated based on the recent price movement:
0.236 Fib Retracement (Support) → $87,416
0.382 Fib Retracement (Support) → $85,991
0.618 Fib Retracement (Stronger Support) → $80,423
1.618 Fib Extension (Bullish Target) → $98,217
2.618 Fib Extension (Aggressive Target) → $104,500
These levels suggest that maintaining support above $87,000 could pave the way for a move toward 98K, while a breach below this support might lead to a deeper retracement.
2️⃣ CME Gap – Key Risk Factor
A CME gap exists between $77,930 and $81,210, formed in November 2024. Historically, such gaps tend to be filled over time, indicating a potential retracement to this zone before resuming the macro uptrend.
3️⃣ Bitcoin Dominance – Altcoin Impact
BTC Dominance is currently at 52.8%, indicating that Bitcoin is leading the market rally. This dominance suggests that if BTC corrects, altcoins may experience more significant declines in the short term.
4️⃣ Exchange Flows – Whale Activity
There has been a significant outflow of BTC from exchanges, signaling accumulation by investors and reduced selling pressure. This trend supports the potential for further upside unless a reversal pattern emerges.
5️⃣ Fear & Greed Index – Market Sentiment
The Fear & Greed Index currently reads 81 (Extreme Greed), reflecting strong bullish sentiment. While this indicates market confidence, it also warrants caution, as extreme greed can precede corrective phases.
6️⃣ Fisher Transform & Stochastic RSI
Fisher Transform: The indicator is in the overbought zone but has not yet signaled a reversal.
Stochastic RSI: Recently crossed above 80, indicating overheated conditions and suggesting a potential cooldown or sideways movement.
🔮 Next Most Probable Move:
📊 Probability Score (Scale 1-10)
Bullish Continuation Probability: 6.5/10
Short-Term Correction Probability: 7.5/10
🔹 Scenarios:
If BTC maintains support above
87K, a move toward
98K is plausible.
If BTC falls below 87K, the 80K region becomes the next significant support level.
🚨 Most Likely Outcome: A short-term retracement toward 87K-85K is anticipated before the uptrend potentially resumes, targeting 98K-100K.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Feb 28, 2025Technical Analysis and Outlook:
At the beginning of the week, Bitcoin was observed trading at a lower level, close to the Mean Support level of 95700. It could not reach our predetermined Mean Resistance level marked at 98300, which can be attributed to a substantial decline that occurred, resulting in the completion of our Outer Coin Dip between 89000 and 78700. Following this decline, Bitcoin experienced a robust rebound to the Mean Resistance level of 86200. This upward trend indicates the potential for higher prices as it will target Mean Resistance levels at 89200 and 92600, respectively. However, a retest of the Key Support level at 79000 must occur before further upward movement may take place.
BTC dell 120.000$📊 BTCUSDT Analysis:
Current Price: $102,859.06
Sell Zone: Near $120,000.00 (🟢 Major resistance)
Support Zone: $77,777.00 (🛡️ Key level for potential rebound)
🚨 Signal:
Bearish Scenario: If BTC reaches $120,000.00, it’s a sell opportunity 📉.
Bullish Scenario: In a strong bull trend (📈), you can buy dips around $77,777.00 (🚀 support area).
💡 Strategy:
Take profits near $120,000.00 🎯 if already holding BTC.
Watch for entries at $77,777.00 🔍 if BTC retraces.
📈 Trend: Overall Bullish unless support at $93,175 or $77,777 breaks (🔻).
🔐 Risk Management:
Stop-loss for buys: Below $73,316.18 (⚠️ Critical level).
Let me know if you need further clarification or tailored strategies!
My FINAL Bitcoin chart and Idea (forever)Everyone is too busy focusing on the wrong Technicals. Fear and Greed, RSI, MACD, Stock Markets, etc. All of these are good tools but we have to remember a few things:
1. Zoom out (Bitcoin follows the same 4-year cycle every time... this time is NOT different)
2. Keep it Simple (I'm tired of messy charts, only put what you need for the current timeframe)
3. Avoid Leverage (These areas are too risky and much too volatile... liquidity is getting grabbed at almost every level) Stay safe.
I expect Bitcoin to retrace to $57k and then bounce back up... clear skies ahead if we can break out of this pattern I have drawn up. (If not we keep ranging as follows until we break significantly above the previous ATH)
Peace out! It's been fun... I may return to crypto one day (if ykyk)
Long Story short for BTCHistory hasn't failed yet, so the four-year cycle is still intact until it isn't. I have stretched this chart out for the next couple of years so that you can get a good idea of where the potential bottom will be during the next bear market. I plan to accumulate as much as possible the closer it gets to 66k. If we do reach a 150-250k top this cycle then I will expect a bear market bottom between 66-76k. Watch my levels and use them as a guideline. Historically Bitcoin has NEVER returned to the price its low during the US election week:
2012 Election Week Low - $10
2016 Election Week Low - $700
2020 Election Week Low - $13,200
2024 Election Week Low - $66,800
that brings us to now... if this doesn't indicate the current market sentiment then I don't know what will. There's a reason why many genius economists are speculating a 1 million dollar bitcoin in the next 8 years.
It’s Like the Bitcoin Follows Our Predictions! 📉 In our previous post, we predicted Bitcoin would drop from 109K to 81K … And today? ✅ It bounced back from 81K to 94K , achieving a 10% gain!
🔥 Imagine if you had followed our recommendation—how much would you have profited by now?
💔 Unfortunately, those who missed our last post are now feeling the regret of a lost opportunity!
🎯 Don’t miss the next one! Follow us and turn on notifications so you never miss our upcoming predictions! 🚀
#Bitcoin #MissedOpportunity #Trading #TechnicalAnalysis #Crypto
BTC Inverse H&S ConfirmedIn recent post we slipped on the structure around 92k and are in a rebound zone around 86k with a low of 78k. I believe a bullish rebound will happen starting in the month of March all the way into October. This head and shoulders formation should be the start of a familiar pattern in the 2021 bullish run. This run may lead beyond 150k and above.
This is NFA. Good luck!
-R2C
Bitcoin BTC Is Ready To Take Off!Hello, Skyrexians!
Yesterday we pointed out that 0.5 Fibonacci has been reached at $80k and this dump will not continue. Today we have a great bounce above $85 and the great chart to be sure that our previous scenario is right.
Let's take a look at the daily time frame. As usual we have the 5 Elliott wave cycle which has been started at GETTEX:49K and finished at $110k. Then the current correction has been started. Yesterday this ABC zigzag has reached the 0.5 Fibonacci retracement and bounced back. The great thing is the green dot on the Bullish/Bearish Reversal Bar Indicator inside the target zone. This gives us 90% probability that price has found the bottom and ready for the next huge wave to the upside.
Best regards,
Skyrexio Team
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Bitcoin Timeframe 1h Clear Bullish Broadening Wedge Target 89kI see the BTC Pattern in the 1h timeframe where there is the potential to form a descending broadening wedge pattern where the main target for the increase if the breakout is valid is at a price of $ 89k. Of course we need to see another correction as confirmation if BTC does form this descending broadening wedge pattern. For the closest confirmation as the bitcoin retest area is at a price of $ 82k. Then if bitcoin can bounce off that price and can breakout above the trendline broadening wedge make bullish trend will continue to $ 96k. But if bitcoin dumps so that it makes a New Lower Low I think the red line $ 77k. is very likely to be visited because it is the lowest line area of the descending broadening wedge pattern.
Trump and Zelenskyy Clash | I Predicted BTC crash week ago
As I mentioned a week ago, Bitcoin (BTC) was poised for a correction, and we’ve now seen this play out over the past few days. On the 1D timeframe, Bitcoin tested its Fair Value Gap (FVG) and reversed from that zone. Today’s closing candle showed some bullish pressure, indicating a potential reversal toward the 90,000 – 92,000 range. The FVG was tested cleanly, and the reversal was strong.
What’s Next? Donald Trump and Zelenskyy Clash
While the market showed a healthy reversal from the FVG, recent news of a clash between Donald Trump and Zelenskyy at the White House has introduced uncertainty. Trump’s statement that “President Zelenskyy is not ready for peace” has created a negative sentiment in the market. If tensions escalate further, this could lead to a bearish impact on the market, as geopolitical instability often weighs on risk assets like Bitcoin.
Expected BTC Zones
Given the current situation, here are two possible scenarios:
Scenario 1: Bearish Impact from Geopolitical News
If the clash between Trump and Zelenskyy escalates and fear spreads in the market, Bitcoin could drop to the 73,500–76,000 zone in the coming days.
Scenario 2: Recovery Continues
If the news has a limited impact and the market stabilizes, Bitcoin could continue its reversal from the FVG and gradually move back toward the $92,000 zone.
Key Takeaways:
Trade with Caution:
Given the current geopolitical developments, it’s crucial to trade carefully and use stop losses to protect against sudden market moves.
Monitor News:
Keep an eye on further developments between Trump and Zelenskyy, as they could significantly influence market sentiment.
Note
My goal is to simplify the chart and help you understand the price action clearly. I avoid overloading the chart with unnecessary indicators or creating confusion. My analysis focuses on keeping the chart clean and straightforward.
Thank you!
Bitcoin Finds Strong Support – Is a Reversal on the Horizon?hello guys
Bitcoin recently completed a crown pattern, a bearish reversal formation that signaled a downward move. As expected, BTC followed the pattern structure and reached its target.
Currently, the price has touched two critical technical levels:
✔ The balance line – A key horizontal support zone
✔ The ascending trendline – Acting as dynamic support from previous lows
This confluence of support suggests that BTC might be at a potential reversal zone. However, while the conditions seem favorable for an upward movement, we need additional confirmation. Possible bullish signals to watch for include:
A strong bullish candlestick pattern (e.g., engulfing, pin bar)
Increased buying volume
A break above the nearest resistance level
If BTC maintains this support, we could see a recovery towards $90K+ levels in the short term. Otherwise, a breakdown below the trendline may trigger further downside.
Short-Term Bitcoin Balances at 2024 Lows: A Cooldown SignalThis chart tracks the total Bitcoin balance held by short-term holders, a key barometer for speculative interest.
Recently, these balances have declined to their lowest levels since October 2024 and remain on a downward trajectory. This drop mirrors the broader pullback in Bitcoin’s price, and this combination historically signaled cooldown phases in the market, as shown in the red box.
While such phases often involve short-term weakness, they also help reset market conditions and can pave the way for healthier, more sustainable price growth.
Bitcoin Has Dropped $20K in a Single Week! Where’s the Bottom?Hey followers,
Crazy times, huh? I was just looking at the Bitcoin chart, and I don’t see any other week in history with a $20K retracement, absolutely wild.
I haven’t done much BTC analysis lately, but the last time I did, I warned: “Money on your screen won’t feed your family—turn it into real gains.” Well, here we are. Once again, two simple criteria have proven their ability to predict profit-taking areas and potential corrections:
📌 Channel projection
📌 Equal waves
Now, with this massive sell-off, it’s time to hunt for strong support zones. Percent-wise, the weekly drop might not be extreme, but in raw dollar terms, it should be the biggest in BTC’s history. So, where could this madness stop?
For me, the 48K–$66K range is where things get interesting. Somewhere inside this zone, I expect a reaction, and I’ll be looking for possible reversal setups. Let’s break down the key reasons why this area is a potential landing spot:
🔹 1. Previous yearly highs acting as support
In 2021, Bitcoin saw two major sell-offs in the $60K–$70K range. Then, in early 2024, the same zone acted as a strong resistance before BTC finally broke through.
When a zone like this is left untested, it often pulls the price back like a magnet for a retest, a classic case of liquidity seeking validation. That’s why this area forms the foundation of my support box.
🔹 2. Short-term trendline alignment
This trendline, drawn from wick touches, is valid because the third touch happens higher than the peak between the first and second touches, comes to retest the trendline from higher high levels (HH). Even though it’s short-term, it perfectly aligns with the horizontal support zone, adding extra confluence.
🔹 3. 50% retracement from the all-time high
From my past crypto analysis, BTC loves its 50% retracements from all-time highs—like clockwork. And guess what? This level perfectly overlaps with the marked support zone, reinforcing its strength.
🔹 4. The psychological $50K level
Round numbers play a big role in trading, humans love them. Back in August 2024, $50K acted as a key level. I even mentioned on a local radio station earlier that year that buying the dip around here could be a smart move… and, well, lucky me, it worked out. :)
So once again, this simple but effective criterion strengthens the case for this area.
Putting all these criteria together:
Summary:
The more confluences in a single price zone, the stronger it is. Sure, we could add some fake trendlines or EMAs, but for me, price action and human psychology tell the real story. Think of it like tracking footprints in the snow, BTC leaves clues, and it’s our job to follow them.
- For long-term believers, this zone could be a solid place to accumulate more BTC.
- For those looking to enter Bitcoin for the first time, this is the area to watch.
What do you think? Are we heading lower, or...
🚀If you like the analysis, hit the boost as well🚀
Cheers,
Vaido
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Bitcoin (BTC/USD) Technical Analysis & Trading PlanBitcoin (BTC/USD) Technical Analysis & Trading Plan – February 28, 2025
Market Overview
The Bitcoin (BTC/USD) price is currently trading at $79,770, showing a -0.74% decline in the latest 4-hour candlestick. The chart illustrates a falling wedge trading pattern, which is considered a bullish reversal signal. The price is approaching the lower boundary of the wedge, signaling a potential breakout to the upside.
Technical Indicators & Key Observations
Falling Wedge Pattern:
The price has been making lower highs and lower lows within a falling wedge formation (red and green trendlines).
A breakout above the upper boundary of the wedge could trigger a strong bullish rally.
Support and Resistance Levels:
Immediate support: $76,665
Major support: $67,679
Key resistance levels:
$88,671
$91,271
$95,497
$108,329 (Major long-term resistance)
Momentum Indicators:
RSI (Relative Strength Index): 22.26 (oversold), indicating potential upward momentum.
Stochastic Oscillator: 16.14, also in the oversold region, confirming a possible reversal.
Money Flow Index (MFI): Showing weak inflow, but a reversal at these levels could indicate increasing buying pressure.
Cipher_B Divergences: Potential bullish divergence forming, adding confluence to the breakout scenario.
Professional Trading Plan
Entry Strategy
Aggressive Entry: If Bitcoin closes a 4-hour candle above the wedge's upper trendline (~$80,500), an early entry can be considered.
Conservative Entry: Wait for confirmation above the $82,000 level with strong volume before entering a long position.
Profit Targets
First Target: $88,671 (previous local high)
Second Target: $91,271 (psychological level)
Third Target: $95,497 (strong resistance)
Ultimate Target: $108,329 (major long-term resistance)
Stop-Loss Strategy
For aggressive traders: Below $76,500 (recent low)
For conservative traders: Below $74,000 to reduce risk exposure
Risk Management
Risk-to-reward ratio: 1:3 or higher (entry should be calculated to maintain proper risk-reward)
Position Sizing: Allocate 2-5% of capital to this trade, considering volatility.
Conclusion
Bitcoin is currently trading at a critical support level within a falling wedge. The RSI, Stochastic, and MFI indicators suggest oversold conditions, indicating a potential bullish breakout. Traders should watch for a confirmed breakout above the wedge with strong volume before entering a position. Targets remain between $88,000 and $108,000, with well-defined stop-loss levels to minimize risk.
💡 Recommendation: Monitor price action closely, especially in the next few 4-hour candles. If BTC breaks above the wedge, prepare for a bullish move towards resistance levels.
Bitcoin Dropped Below $80k: Will This Nightmare Will Be Stopped?Hello, Skyrexians!
Despite the extreme fear tonight BITSTAMP:BTCUSD continues going down and finally broke $80k. Investors are panic selling right now and don't know what to do. But we pointed out earlier that the most impulsive part of bull run ahead and current dump is just the correction.
Let's take a look at the weekly time frame. Here we can see that the potentially strongest reversal signal has been broken. We are talking about divergence with AO. That is the reason why we marked that waves 1 and 2 like you see on the chart. According to this counting we can see that wave's 3 targets are at the $140k and $190k. At the same time we wanna tell you that the strong resistance is located at 1 Fibonacci level at $110k and we have seen it already.
Current dump is wave 2 inside wave 3. It has the target between 0.5 and 0.61. The first one has been already reached. We expect reversal from here. Moreover Fractal Trend Detector is showing us bull run support with the green zone and now we see its retest.
Best regards,
Skyrexio Team
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