Bitcoinprice
Bitcoin -potential to 91K, back to 78K wick to 73K and THEN -->>In this cycle, since the push up from the Low in Jan 2023, we have had 2 other Major pushes.
Each of these came off the Rising line of support that we are currently heading towards again, with the date of "Touch" currently in Mid June.
If we rise and stay back in the higher Range Box, that date is even later in the year ( around Mid Q4 )
As I have talked about many times, I am watching the MACD as the "trigger".
The chart below is the Weekly MACD
We reach Neutral , if we continue current rate of descent, around end of April
This is obviously before we would hit the line of support being talked about above.
That leaves 2 possibilities.
1) - MACD may drop below Neutral
2) - We may see a bounce from PA but NOT to a New ATH
If you look back at previous range we had in 2024, there was a bounce there.
See how the Histogram went White as we had that bounce
We Just had a white bar on the histogram .
Will we see another White bar next week and a further rise in PA
Top of current Range box in 91K - We could head to that again, Drop back to the Low around 78K and then we would be ready. This would be over the next 3 - 6 weeks
78K is the Price that touches that line of support the soonest, in early June
Why could we go back down?
For the reasons above regarding the MACD BUT ALSO ;-
There are things called FAIR VALUE GAPS (FVG)
. These gaps highlight market inefficiencies and potential trading opportunities, allowing traders to anticipate price movements and confirm trends.
That area just below Current PA on this weekly chart is the FVG that goes down to 73K
It is NOT guaranteed that PA will revisit that area but while we sit so close, the potential exists
But something to note, that could be benifical is that Should PA Drop to Fill that Gap, PA could hit that line of support earlier than Mid June..infact, it would be a month earlier and be in Mid May.
So, I can see the potential for a push higher in the near future, to extend MACD, then a drop back to the range Lows, a Sharp wick down to around 73K and THEN a sustained push higher...
This is just an idea.....No guarantees...But it does have Potential
We will see - Time will tell...........
BTC/USDT - The moment of truthThe BTC/USDT chart highlights a crucial moment as the price breaks out of a bearish trendline and tests a Fair Value Gap (FVG) zone. Key scenarios include:
- A potential continuation of the bullish trend if the price successfully holds above the FVG zone and confirms support.
- Alternatively, a rejection at this level could signal a return to bearish momentum.
Keep an eye on price action within the FVG zone for confirmation of the next move. Which way do you see BTC heading?
Is Bitcoin slowly forming a top? What to expect from the market About a week ago, I posted that the recent uptick in BTC (and the broader crypto market) was as a result of Bears taking profits and that the market will dip lower once this correction runs its duration. Well, so far, my prediction is still on track and we can expect prices to climb higher over the next few days (maybe even a week from when this is published).
I believe that that mini rally (black path) within the larger uptrend (green path) has enough juice for one more leg before it pulls back. Once that happens, price might stall around that area and then push higher, setting the stage for the final leg of the larger upswing.
I personally don't like trading matket correction unless they're on the weekly or monthly chart. However, I will keep monitoring price until my prediction plays out.
What are your predictions for Bitcoin's short term price? Let me know in the comments section below.
Make sure you follow me to get future updates as they unfold.
Bitcoin Stalls Below $90,000 as Buying Pressure WeakensThe last four trading sessions for Bitcoin (BTC) have been fairly neutral, with the cryptocurrency fluctuating by around 2% , staying just below the critical $90,000 resistance level. The current uncertainty in the market is mainly driven by the renewed trade war narrative, following Trump’s recent comments about imposing tariffs on cars and auto parts. These statements have once again elevated global economic concerns, prompting investors to avoid risk assets in the short term — a category that includes Bitcoin. As long as this uncertainty persists, this neutral behavior could remain a defining feature of BTC in upcoming sessions.
Key Bearish Channel in Play
Since January 20, a notable bearish channel has taken shape, favoring selling pressure and driving BTC down to $77,000 in recent weeks. At present, the price is testing the upper boundary of the channel, but recent buying attempts have not been strong enough to trigger a breakout.
RSI Indicator
The RSI line initially showed a strong upward slope, but this momentum has faded as the indicator approaches the neutral 50 line, suggesting a balance between buyers and sellers. This reinforces the resistance posed by the upper edge of the bearish channel.
MACD Indicator
A similar situation is developing in the MACD, where the histogram has begun to decline steadily, nearing the zero line. This behavior points to a lack of strength in the moving average trends and may indicate that neutrality could continue to dominate BTC price action in the near term.
Key Levels:
$98,900 – Distant resistance: This level sits near the mid-range zone of a large sideways range observed in previous weeks. A bullish move toward this area could revive the forgotten bullish bias and reestablish the importance of the broader lateral structure.
$90,000 – Major resistance: Arguably the most relevant resistance zone at the moment. It aligns with the Ichimoku cloud and the upper limit of the current bearish channel. A breakout above this level could jeopardize the prevailing downtrend and introduce a strong bullish momentum.
$78,600 – Key support: This level marks the recent low for BTC. If the price drops back to this zone, it could provide confirmation for the continuation of the bearish channel.
By Julian Pineda, CFA – Market Analyst
Bitcoin - Please Just Listen To The Charts!Bitcoin ( CRYPTO:BTCUSD ) remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
Despite literally everybody freaking out about cryptos lately, big brother Bitcoin is still creating bullish market structure. During every past cycle we witnessed a correction of at least -20% before we then saw a parabolic rally. So far, Bitcoin is just doing its normal "volatility thing".
Levels to watch: 70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
BTCUSDT - Low Time Frame Support Level I believe that BTCUSDT is at a critical level right now, and this blue box combined with the blue line is where we could see some price reaction. However, don't expect a major move, this is a low timeframe zone that might only give us smaller, more precise opportunities.
🔹 What To Watch For:
Reaction Potential: If the price touches this blue box and blue line, there may be a short-term reaction, but don't overestimate it.
Low Timeframe Focus: Keep an eye on the lower timeframes for breakouts or rejections around these areas.
Patience Is Key: This isn't a large move zone, so we will wait for confirmation before acting.
💡 Stay Smart: Always trade with confirmation. If the price moves fast and unexpectedly, we won't chase it. Stay in control, and wait for the right signals!
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
BTC/USDT Analysis: Local Buyer AggressionYesterday, Bitcoin continued its downward movement. At one point, after breaking the local level of $86,300, buyers defended the price, pushing it back into a narrow range.
Currently, it's worth noting the repeated defense at around $86,700, where a significant buyer volume has accumulated (as indicated by the positive delta in that bar). Given this, we may see a retest of the local high from the current levels.
Despite this, the primary scenario remains a correction toward the sell zones. This is supported by the nature of the current uptrend, characterized by weak new highs, as well as selling pressure reflected in the delta.
An alternative scenario would be a full breakout of the current high on strong volume, which could indicate a continuation of the trend.
Sell Zones:
$95,000-$96,700 (accumulated volumes)
$97,500-$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$84,400-$82,900 (accumulated volumes)
$77,000-$73,000 (volume anomalies, pushing volumes)
Bitcoin Price Analysis: Potential Correction Ahead?hello guys
The Bitcoin/USDT chart shows an ascending channel with recent price action forming a divergence at the top, indicating potential weakening momentum. A bearish breakout from a smaller triangle suggests a short-term correction. The price may test the ascending trendline around $85,400, where a key support zone exists. If this level fails, a deeper correction toward the major support area around $76,800 could follow. However, if Bitcoin holds above the trendline, the uptrend could resume.
Traders should watch price action around the $85,400 level for confirmation of further downside or a potential bounce.
Bitcoin Looking Bullish on 4 hour - printing a bull FlagBitcoin is certainly looking Bullish on the lower time frames and, in my opinion, continur to fall in the Flag till we get near that lower Trend line of Ascending channel we been making since the Low around 76K
The 4 hour MACD is falling Bearish and support the idea of a continues Drop to lower Trend line
I think the Margins are too tight to do any day trading
Just Sitting, waiting.
Longer term, I am still prepared to see another Drop Lower but maybe not to the 76K range again.
The Monthly candle for March is currently Green off an expected RED.
It has Long wicks above and Below, showing a good fight between Bulls and Bears.
The Body of this candle is not Big but it would take a serious drop out of range to turn it red
So, RELAX
We should be OK
BTC/USDT Analysis: Moving Within Our ScenarioYesterday, after testing the $88,000-$88,600 sales zone (local volume zone), Bitcoin began to follow the scenario we outlined.
At the moment, we still expect a decline in the first cryptocurrency. Several factors indicate this: a trend with weak updates of each new high and a downward cumulative delta.
Reviewing the chart on a higher timeframe, we have identified a potential support level in the form of the POC of the current uptrend. However, our primary scenario remains a decline toward the $76,700 low.
Sell Zones:
$95,000-$96,700 (accumulated volumes)
$97,500-$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$84,400-$82,900 (accumulated volumes)
$77,000-$73,000 (volume anomalies, pushing volumes)
Stablecoin liquidity = Bitcoin bullish thesis --> $109k?Can BTC soon climb to the $109,000 level thanks to stablecoin liquidity? Maybe yes!
An increase in stablecoin market cap often signals more money entering the crypto space, indicating bullish sentiment as investors prepare to deploy capital. This increased liquidity can lead to smoother trading and attract more participants, potentially driving up Bitcoin's price.
The chart clearly illustrates this relationship:
Purple line ( CRYPTOCAP:USDT + CRYPTOCAP:USDC + CRYPTOCAP:DAI + CRYPTOCAP:USDEE market cap) shows steady growth
Bitcoin candle chart ( COINBASE:BTCUSD price) follows with more volatile increases
Blue line at the bottom: BTC and stablecoin correlation coefficient of 0.9 😊
This correlation can serve as a leading indicator for Bitcoin price movements. During downturns, investors might sell Bitcoin for stablecoins, but as sentiment shifts, this "dry powder" can quickly flow back, driving Bitcoin's price up.
Adding to that, the long-term correlation coefficient between stablecoin liquidity market cap (USDT+USDC+DAI+USDE) and Bitcoin is 90%. So, yes, there's a strong long term correlation and usually BTC and stablecoin liquidity converge.
According to my views on the stablecoin liquidity, the Bitcoin price should target the $109k level.
Last time I made this analysis, Bitcoin jumped from $58k to my price target of FWB:73K in the span of 2 months.
Let me know your thoughts.
Where are we with BITCOIN ? 4hour, Daily and Weekly charts tell I am hearing so many people shouting about "This is it, we are on the way"
It may turn out to be right BUT for me, It seems people are looking at the smaller Time Frames only.
Sure, the main chart here is a 4 hour chart, has been climbing from around 76K ( Told you we would go there )
Looks Lovely and Bullish, though a return to 80K is very possible on the lower trend line
Lets Look at the Daily.
And there it is, Even though on a shorter Time Frame, we seem to be climbing, and we are, it is in fact, all with in a DESCENDING channel
But do not worry, a Bullish sign is that PA does appear to have broken over that Upper trend line of resistance.
We need to wait , probably till next week, to see if this remains Bullish or not.
It is Wise to take note of that Fib Circle that we are coming to in the next couple of weeks. If we get trough, we will hit resistance increasingly from 91K
And so now the weekly - this is a different chart to the Daily
The Bigger picture ALWAYS tells us the reality of the situation. and that is simply that PA is currently on a line of strong Local support (dashed line )
Should this fail, we have strong support below, all the way to 70K.
Be fully aware, this COULD FAIL. We are Mid channel, MACD is still falling Bearish and at current rate of descent, will arrive at Neutral near end of April
The Bullish note is we are still above the 2.272 Fib extension. Sentiment is rising, Selling is Slowing
So in conclusion, we are in a Good place.
PA is becoming stronger and we have support below and PA has remained in "channel" for 3 weeks.
That is NOT Bearish
But we are also NOT in a Bull Run yet.
But, for me, I think we are certainly getting ready/.
As I have said, April may see Volatility, March looks like it may Close GREEN but htis has a week to go yet...
Bullish Caution is what I say - And so expect anther Drop out of this rising channel.
It would present excellent Buying opportunity and reset MACD quicker.
Aere we en-route to the New ATH ? We are getting Near but I still say the stronger probability for The CYCLE TOP ATH that is Early Q4
Crypto liquidations drop 76% as Bitcoin $BTC stabilizes aboveCrypto liquidations plummeted by 76% in the second half of March as Bitcoin BTC CRYPTOCAP:BTC consolidated around $87,000 after earlier volatility. From March 12 to March 25, Bitcoin's price moved within a narrower range, starting at $82,857 and closing at $87,330.
Earlier in March, Bitcoin BTC CRYPTOCAP:BTC saw sharp price movements, dropping below $79,000 before rebounding, coinciding with a spike in long liquidations. The recent decline in liquidations signals more stable market participation and reduced leverage risk.
Between March 12 and March 25, long liquidations totaled $1.26 billion, while short liquidations reached $1.14 billion, down from 7$7.2 billion in long and $2.8 billion in short liquidations from February 24 to March 12.
Bitcoin Price Analysis: Potential Bullish Breakout Towards $89khello guys!
In the 4-hour Bitcoin/USDT chart from Binance, a clear ascending trendline supports price movement, indicating a potential bullish structure. Here are the key observations:
Technical Analysis
1- Ascending Trendline Support
The price is respecting an ascending trendline, which has provided multiple touches and acted as a dynamic support level.
A bounce from this trendline around the $83,000-$83,500 range suggests strength in buyers.
2- QML (Quasimodo Level) Formation
A QML (Quasimodo Level) pattern is visible, which typically signals a strong reversal zone.
Price has already reacted to this level, indicating it could be a key turning point before further upside movement.
3- Major Support Zone
A larger support area is identified around the $76,900-$77,600 range that support the price before!
The upper boundary of the ascending channel and the psychological resistance at $89,621 serve as the next major target.
The price could test this level in the coming sessions, provided it maintains its bullish momentum.
_____________________________
Conclusion
Bitcoin appears to be in an uptrend within a rising channel, with bullish momentum building. If the ascending trendline continues to hold, the next significant target would be around $89,000. However, a break below the QML zone could lead to a retest of lower support near $77,000. Traders should watch for confirmation of trend continuation before entering long positions.
BTC Daily: Price climbed with a warning signPrice climbed with heavy volume, heavy selling towards EOD closing just on/over prev High which is a warning sign for further incline, though could be healthy selling before further climbing
Notice to major triangle forming between short term uptrend support and the above previous trading range bottom which is now a resistance
Current action: No action
BTCUSD 1H | POI Reaction Setup After Sweep – Short Flow by CelesBTC tapped into a clean POI zone after sweeping highs.
A market structure shift (MSS) formed, showing early signs of bearish intent.
Price is now reacting from the zone, and we’ve mapped the clean flow toward the 2H demand base.
Invalidation is clearly marked — a clean break above 88,005 would flip the bias.
Precise POI, projection, and target laid out.
— CelestiaPips
BTCUSD 2H | Breakout Flow + BOS Confirmation – CelestiaPipsBTC is slowly developing a breakout structure on the 2H timeframe .
Multiple bullish BOS points and a solid NY session demand base formed.
Price is currently retesting the breakout zone after sweeping short-term liquidity.
If price holds this zone, we could see continuation toward 88,900.
I’ve mapped out the entire flow – BOS, entry zone, and final target.
Watch how price reacts from this level.
— Shared by CelestiaPip
BTC IMF Tracking, Liquidation Frenzy, and Market PredictionsBitcoin's recent price action has been a rollercoaster, marked by significant gains, dramatic liquidations, and a confluence of macroeconomic factors that are shaping its trajectory. From the International Monetary Fund (IMF) officially tracking Bitcoin in cross-border finance to speculative predictions of a potential $87,000 surge, the cryptocurrency remains a focal point of intense market scrutiny.
One of the most noteworthy developments is the IMF's increasing recognition of Bitcoin's role in global finance. While the IMF previously issued warnings to El Salvador regarding its Bitcoin adoption, its decision to now track Bitcoin in cross-border financial flows signals a tacit acknowledgment of the cryptocurrency's growing significance. This shift reflects a broader trend of institutions grappling with the reality of digital assets, forcing them to incorporate these assets into their analytical frameworks.
Simultaneously, the Bitcoin market has witnessed a surge towards the $87,000 mark, triggering a wave of short liquidations. This phenomenon occurs when traders who have bet against Bitcoin's price are forced to close their positions at a loss as the price rises. The sheer magnitude of these liquidations, exceeding $110 million in a short period, underscores the volatility and the inherent risks associated with leveraged trading in the cryptocurrency market. The total market liquidations surpassing $200,000 in 24 hours only highlights the dramatic price swings and the vulnerability of short positions.
Adding to the complexity of the market dynamics is the emergence of another CME gap in the $84,000–$85,000 range. Historically, these gaps, which represent discrepancies between trading prices on the Chicago Mercantile Exchange (CME) and other exchanges, tend to be filled, suggesting a potential pullback in Bitcoin's price. This pattern creates a sense of uncertainty, with traders weighing the potential for further gains against the possibility of a corrective downturn.
Furthermore, the surge in Bitcoin open future bets on Binance, with an increase of $600 million, indicates heightened price volatility. Open interest, which measures the total number of outstanding futures contracts, often correlates with price movements. A rise in open interest alongside a price increase typically confirms an uptrend, but it also signals the potential for sharp price swings as more capital enters the market.
Market analysts are divided on Bitcoin's future trajectory. Some predict a "brutal bleed lower," while others foresee a break towards new all-time highs in the second quarter. The critical level to watch is $93,000. If Bitcoin can reclaim this level as support, it would significantly reduce the risk of a fresh collapse. However, until this threshold is breached, the market remains vulnerable to downward pressure.
On a more positive note, the S&P 500's reclamation of its 200-day moving average provides a potential tailwind for Bitcoin. This technical breakout in equities, coupled with similar signals in the cryptocurrency market, could indicate renewed bullish momentum. The correlation between traditional financial markets and Bitcoin has become increasingly apparent, with positive developments in equities often translating to positive sentiment in the crypto space.
Adding another layer to the narrative is the potential softening of the stance on reciprocal tariffs by Donald Trump. Some analysts see this development as a potential catalyst for a Bitcoin bottom. Any relaxation of trade tensions could boost investor confidence and create a more favorable environment for risk assets, including cryptocurrencies.
Finally, the concept of tokenized US gold reserves, as proposed by NYDIG, presents an intriguing long-term prospect for Bitcoin. While gold and Bitcoin are fundamentally different assets, the tokenization of gold on a blockchain could enhance the overall legitimacy and infrastructure of digital assets. This increased institutional acceptance could indirectly benefit Bitcoin by further integrating blockchain technology into mainstream finance.
In conclusion, Bitcoin's current market landscape is characterized by a blend of institutional recognition, intense trading activity, and speculative predictions. The IMF's tracking of Bitcoin in cross-border finance underscores its growing relevance, while the liquidation frenzy and CME gap highlight the inherent volatility of the cryptocurrency market. The interplay of macroeconomic factors, technical indicators, and speculative sentiment will continue to shape Bitcoin's trajectory, making it a fascinating asset to watch in the coming months.
A New ( But small ) Bitcoin CME Gap has arrivedDue to price rise in Bitcoin over the weekend, we have just opened up a new Bitcoin CME Gap.
ALL previous Gaps are Filled.
CME GAPS ALWAYS GET FILLED
So, we may see PA return to fill this gap.
the only time Gaps do not get filled is when in a Major Bull Run
We are not in one yet.
These are excellent places to put buy orders.