Bitcoinprice
Bitcoin Holds Strong Above 200MA – Is the Next Rally Incoming?Bitcoin has successfully defended the $84K-$86K support zone, with the CME gap now fully closed. On the daily timeframe, BTC remains above the 200MA, signaling strong bullish momentum. With macroeconomic factors aligning in favor of crypto, this could be the start of another leg higher.
Technical Analysis:
• Support Zone: $84K - $86K held firm, preventing further downside.
• CME Gap Closure: The retracement completed the necessary gap-fill, eliminating inefficiencies.
• Trend Reversal Signal: BTC has reclaimed the 200MA on the daily chart, reinforcing bullish sentiment.
• Breakout Watch: Price is approaching a descending trendline, a breakout above could trigger a strong move toward the $110K target.
Fundamental Analysis:
• Bitcoin ETF Impact: Institutional demand continues to grow with ETF adoption.
• Macroeconomic Tailwinds: The Fed’s expected slowdown in rate hikes is a net positive for risk assets like BTC.
• Geopolitical Factors: Increased demand for BTC as a hedge against economic instability and inflation.
• Regulatory Developments: A more constructive approach from regulators supports long-term adoption.
With bullish momentum building, Bitcoin is at a key inflection point. Will it break out and push towards new highs? Stay tuned and trade wisely!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
When in doubt, ZOOM OUT!!! GIANT Ascending Triangle Breakout!!BTC broken flush to the upside of a GAINT Ascending Triangle & is consolidating into a horizontal channel.
We have noticed a move below the baseline support of the horizontal channel, but it appears to be a fake-out/shake-out.
This pattern is referred to as a Bullish Expanding Triangle highlighted in red.
Next stop, $300k USD.
BITCOIN Halving cycles and Pump %Monthly #Bitcoin chart with Halving dates
what is notable is how much the % increase in PA has been dropping each halving.
2012 Halving 10K% rise after
2016 Halving 3,5K% rise after
2020 Halving 700 % rise after
Projected PA below would also be 700%
BUT, Bitcoin is far more public now and the Halving Pumps will be talked about aLot. Could the Next halving actually be pumped a Lot earlier than previous dates
May well be a great idea to grab your NOW..because the price WILL go mental as the world sees the TradFi recession also.
2024 is going to be an interesting year to say the least
BTC in trouble. Sale Now.We are going to $61k and if we break that, we go to $50k.
If $50k breaks, guaranteed we go to $12k.
The worst case scenario is at $3k. Probable and possible based on chart patterns.
Obvioisly with a lot of up and downs and mini bull-runs but in the the big picture, we are going down.
The 2 year bear market cycle started.
Hold tight.
BTC at a Critical Crossroad: One More High to $130K?BTC: The price remains in a larger correction that began in December. While I still view one more high in this cycle as ideal—potentially targeting $130,000—the minimum requirements for completing a larger 5-wave pattern from the November 2022 lows have already been met. Any additional high would be more of a bonus than a necessity.
A break below $69,140 would provide further confirmation that a substantial top has formed, aligning with the red scenario. For now, $69,140 serves as the key bull/bear pivot, helping us distinguish between the possibility of one more high and the onset of a larger correction or even a potential bear market.
Regardless, I am closely monitoring the current price region for signs of an upside reversal. Even if this only results in red wave B, it could still push the price into the $92,000–$104,100 range.
BTC support level - break or bounce?BTCUSD on the 1D chart is sitting at 200DMA line. It first broke through on Feb 28, 2025 and closed above. Weekend news on crypto reserve from President Trump generated a quick pump and dump.
As of late day March 3, it touched the 200DMA again and has held above.
Next move:
On a break, next major support is around 72870.
On a bounce, target at congestion zone between 96000 to 100000, with significant ceiling from the 50 and 100DMA at 97000 and declining.
Market-moving fundamental news can be expected around the U.S.crypto summit on March 7th. BTC may be (relatively) range-bound until then.
Bitcoin Weekly chart shows PA under pressure - Key support Lost
This is my most trusted chart that I have begun sharing on Trading View.
And as you can see, the weekend was Not good for PA as we fell off that Long Term support.
In many ways, that is not surprising really. Weekly MACD has a Long way to fall before Neutral, as you can see in the chart below
I am hoping that PA is aiming for at least the Neutral line before going higher for a new Cycle ATH.
As you can see, at current Rate of descent, it is Mid May to Early June before we get there.
The shorter term problem we now face is simply that PA fell below that support and despite a great rally to recover from the Dip down to fill that CME GAP I have talked about ( which did not get fully filled). We got rejected off that line of support we once had ( See chart below )
This is the Daily version of the same chart above and you can see, rejection was bang on that line.
And so you understand, that Rally, Jump higher over the weekend, opened up a Bigger CME Gap . ( I posted about this Earlier today)
And, as you can see, we have 3 lines of Major support below.
This starts with a rising long Term support at around 74K ( origins in 2017 )
Then we have the 2 fib Extension at 68242. Remember, the Roof we had since Dec was the 2.618
Then we hit 63K if those listed above fail.
For me, A worst case scenario will be that 2 Fib extension and so, I have once again placed Spot Buy orders around 70K
What a superb buying opportunity when you think about the possibility of a Cycle ATH in Q4 of around 250K MINIMUM !
So, in summery, I am holding with the idea of that RED March I mentioned in previous posts and small Green April / May but Green Rockets from June onwards, depending, of course, on Macro events and so many other things........This is just an idea..NOT FACT.
So, do not loose heart, Bitcoin is FINE.
We just seem to need "Thoughts and Prayers" for all those ALTS
Mr Trump does seem to be trying to kick start ALT season...But the real world Liquidity for his Cryprto ideals are .....questionable......
Unless....................
BTC | MASSIVE CORRECTION or BULLISH PATTERN?After the new of the recent ByBit hack, the entire market seems to have taken a dip.
(more on the bybit hack here:)
Luckily, seeing a 20% correction on Bitcoin isn't strange.. at all. It's actually quite common for the price to correct anywhere between 15% and 30%. The tell all sign will be whether or not we can reclaim the key support ABOVE 90k, otherwise we might be heading closer to that 30% dip.
Meanwhile.. another altcoin is approaching a key buy zone. Don't miss it, here:
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BINANCE:BTCUSDT
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.
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 - 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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