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Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 23, 2025Technical Analysis and Outlook: In the course of this week's trading session, Bitcoin demonstrated significant upward movement, surpassing both Mean Resistance at 105000 and Key Resistance at 106100. This progression also facilitated the surpassing completed Inner Coin Rally at 108,000, and the highly anticipated Outer Coin Rally marked at 110000. As a result, the cryptocurrency experienced a substantial decline, currently aiming toward Mean Support at 105600, with a potential further decline toward an additional Mean Support target at 101500. It is essential to acknowledge the possibility of an upward momentum emerging from the current level, which may enable a challenge to Key Resistance at 111700. Success in this regard could result in reaching the Inner Coin Rally at $114500 and, subsequently, the Outer Coin Rally at 122000.
BITSTAMP:BTCUSD
by TradeSelecter
Bitcoin - Correction Is Finally Happening!Hello, Skyrexians! Let's continue trying to guess when BINANCE:BTCUSDT will have a correction. This time it's very likely, but I am not recommend to short this correction because this is the trade against the major trend. Let's take a look ate 12 hours time frame. Wave 3 is likely to be finished with internal double divergence on Awesome Oscillator. Now it's finally time for the wave 4. 0.38 Fibonacci is the most likely target at $101k. After that wave 5 is expected and it's going to be only higher degree wave 1. Best regards, Ivan Skyrexio ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Short
by Skyrexio
1
BITCOIN, something for the weekend sir ? - Don't expect to much A qiuck return to the chart I been using most often Bitcoin 4 hour MACD turned BEarish This is likely to drop to neutral at least before turning bullish again The Daily MACD is still rising Bullish but turning down towards the Red signal line. Push hhigher For Bitcoin price unliekly this weekend but possible... As you can see, BTC PA has found support on a olcal rising line and is near the old ATH line. That old ATH line needs to be reclaimed Ultimately, PA could drop back to lower trend line around 105K but the Bulls have snapped PA back up from the recent dip, as seen on the long lower wick on the current candle. Realisticaly, we have not even begun a push higher just yet, not until we get through that Fib circle above AND cool off the indicators I mentioned in the post earlier today But this does show intent....... Do Not Panic if the Price drops further, to many extents, it needs to and depending on the Bitcoin Dominance chart, this could lead to further gains in the ALT market. ENJOY
INDEX:BTCUSD
by Orriginal
BITCOIN 5 lines and 3 indicators to watch now we in new ground I will be presenting a number of charts here and each has a different story to tell right now. The 5 lines are All valid trend lines. The Vertical lines are January year markers The white line at the bottom is th e long term support line from 2013 The Dotted line is a threshold line The Blue Arc is a line that has rejected EVERY ATH since 2013 The orange line is a marker that, once crossed has Always led to a New cycle ATH The upper dashed line is the line of rejection of all ATH since 2017 The Weekly Bitcoin PA chart Here we can clearly see how that Blue Arc has rejected PA previously. We can see how PA has reached a point of intersection and once it crosses that blue Arc, there is a line of rejection just above. This Blue line needs to be crossed and held as support. The Daily version of this chart shows ua how we have just crossed that blue Arc. It also shows us how FRAGILE this is right now. PA is currently testing that Blue line as support This needs to Hold. If we manage to hold this line and bounce, Stiff resistance is found around 120K The following charts are showing the following indicators The 3 indicators used are RSI - Relative Strength Index. used to measure the speed and change of price movements TSI - True Strength Index, used to indicate trend direction and overbought/oversold conditions. ADX - The Average Directional Index (ADX) is used to measure the strength of a trend, not its direction The 4 hour chart - short term expectations for the weekend Bitcoin PA the Yellow line at the Top, the indicators are in the order listed above, First thing to see here is how BTC PA is retesting that Blue Arc - this really needs to hold RSI (blue) - OVER BOUGHT, It has fallen below its own MA ( average) and could easily drop further today. Looking back along this, we can see how the 4 hour RSI likes to range along the Neutral line, so we may see it drop back to that level today, tomorrow TSI is also OVER BOUGHT. We can see when TSI is up here, PA ranges while it cools off. But there is room for one little push here if required ADX ( yellow ) is high showing trend could be getting near exhausted, The orange line is the DI+. This shows positive prince direction, the Red one is DI- and shows that negative price direction is climbing slightly. In the short term, we need to see PA hold above the Blue line but the likelihood is to possibly back below. There is support below. The WEEKLY shows us that PA has the ability to continue for a while longer but we are getting near a point where PA needs to recover Here we can see how the RSI and TSI are both up high, on the edge of OVER BOUGHT but with the ability to rise further. What is VERY important to take note of here is that ADX. It is Low, this is indicating that the weekly Trend has lost strength now. It could continue lower. Remember, ADX DOES NOT SHOW TREND DIRECTION, JUST STRENGTH So, the thing to see here is that we are in an area where we could see a New Trend begin. This trend could be either Bullish or bearish On a weekly chart, this change can take a long time to appear in PA And for the Longer Term, The Monthly Chart gives us hope for a fuhrer push higher for the rest of the year but one little warning bell WE See Both RSI and TSI up high again, where they have been since 2024. But neither of them are up in OVER BOUGHT as much as they have been in previous cucle Tops.... So we can assume room to move higher. But what does ring a bell is that ADX again. It is once again, in a place of Change and on this chart, showing that the current trend can start becoming weaker. However, DI+ has plenty of room to move higher So, in conclusion, we see that BITCOIN has the ability to continue higher but in the short term, we may see a pause and possinle Volatility Trends are about to change, This could take Weeks and PA can continue higher while a trend weakens. For me. we are in the last few months of this cycle and at a point of Decision. PA MUST get over that Blue Arc that has rejected Every ATH since 2013. If PA fails this, we go back to sub 90K but this is unlikely, There are numerous projections that see BTC PA in price discovery reaching the 120K before serious resistance. On this chart, if PA follows pattern and trends, we could see 378K by year end Getting over that irange line is KEY Stay safe everyone.
INDEX:BTCUSD
by Orriginal
Altcoin Season Brewing?Hi, The OTHERS/BTC pair represents the collective market capitalization of altcoins relative to Bitcoin. This ratio is a critical indicator of altcoin strength or weakness against Bitcoin. The weekly chart reveals a prolonged bearish phase for altcoins, with Bitcoin dominance persisting. However, recent data suggests potential inflection points worth monitoring. Key Technical Elements: - Ascending Channel: The pair is moving within a well-defined macro upward channel. It is currently sitting at the bottom boundary, suggesting a potential reversal point. - Support Zone: The lower boundary of the channel (purple line) aligns with previous bounce points (2019, 2020, mid-2023), reinforcing its validity. - RSI Indicator: The RSI has shown bullish divergence with price making lower lows while RSI forms higher lows. My Opinion: This chart suggests we are near the bottom for altcoins vs BTC, and the risk/reward is heavily tilted in favor of a bounce, especially going into a potential Q3-Q4 altseason. It’s a classic accumulation zone where smart money tends to position. And what to do? - scale into altcoin positions cautiously. - Use the channel low as a stop-loss zone. - Look for confirmation over the next 1–2 weeks with bullish candles or increased volume. Happy Trading,
CRYPTOCAP:OTHERSLong
by ahmed_do
BTCUSD update May 22nd, 2025I have returned and here is my updated chart. I'm such a perfectionist sometimes when it comes to lines that it takes my hours to get them exactly how I envision. To start off, yes I am bullish on Bitcoin and believe that this cycle hasn't ended yet but I will admit that I think the end of it is closer than the beginning. With that being said, I will not disappear when the bear market starts, I will simply make updates and try to catch the bottom like I did in the past. So far I am going with history and my bottom target is above 66,800 and I expect the floor to fizzle out around 71-73k; if it ends up being higher than that, great! Overall this idea is just an update for my own personal records and my prediction is based on what has happen that last time this pattern was brought to us. Stay safe out there, happy trading, and as always--Cheers!
CRYPTO:BTCUSDLong
by RetiredNovice
IBITUSDT | Volume Speaks FirstRight now, IBITUSDT is showing more volume than even Binance’s pair . That alone tells me where the real activity is — and this is the chart I’ll be tracking . I’m not interested in premature entries. I’ll be watching below the green line for potential setups , but only with clear confirmation on lower timeframes. “I will not insist on my short idea. If the levels suddenly break upwards and do not give a downward break in the low time frame, I will not evaluate it. If they break upwards with volume and give a retest, I will look long.” Most traders follow the noise. I follow the volume. That’s how I stay accurate. 📌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! 📊 Simple Red Box, Extraordinary Results 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..
NASDAQ:IBITLong
by UmutTrades
Just a quick word of WARNING for BITCOIN- Local resistanceEasy to see and understand line od resistance here. This is trhe line of rejection from 2017 and could well pose a problem in the short term Technically, PA has the ability to break through this line but we need to see if it does. BITCOIN is at a crossroads and this is just one of about 3 things that stand in ts way. As mentioned earlier today, we have crossed one major hurdle today, this is the next one. Hold on tight Guys and Gals, things could get very interesting but, for now, my preferred move for BTC is to range across for a little longer and come back to this next month Unless the next 8 days are a strong push above this line and then try and stay above it
CRYPTO:BTCUSD
by Orriginal
BITCOIN Seems to have Broken the LONG Term resistance- BIG DAY The chart really does say it all You can see the Arc, above PA that has rejected PA Every ATH since 2013 It created the point of rejection on 6 ATH in Total and presented a huge problem if it was not broken. And I can assure you, that arc touches Every ATH. Just recently, this same line rejected PA Twice, with strength. The Zoomed chart below shows you where we are now This image shows you the two 2021 ATH points. and the last two touches { which I find remarkably close to the 2021 double ATH but in miniature } And, as you can see, we have a candle ABOVE this Arc of resistance. and the Big question is now, WILL WE STAY ABOVE And what is also notable is how this has happened perfectly at the end of the FIB TIME SCALE used. This line will have to be tested as support one day and when that day comes, we really REALLY need to remain above. And once we do that..we really will be in price discovery, in a way that we have never been before. I am looking at some charts that may offer projected lines of resistance but I am waiting to see what happens here first before publishing them ENJOY THE RIDE
CRYPTO:BTCUSD
by Orriginal
Don't Miss This Big Move on COSMOS (ATOMUSDT)Hello Everyone! With Bitcoin on the rise and Ethereum likely to follow—as outlined in my recent ETHEREUM analysis idea —we continue to look for strong opportunities in the altcoin market. Right now, all eyes are on COSMOS ( BINANCE:ATOMUSDT ) as it shows promising signs of a potential breakout. On Weekly timeframe Price has swept the bottom of September 2024 liquidity zone. On 4D timeframe - On the OBV (On-Balance Volume) indicator , price has broken a downtrend—similar to the breakout seen in October 2024 , which was followed by a 170% rally. - The previous 4-day candle closed above a key Fair Value Gap (FVG), indicating potential bullish momentum. On 1D timeframe - V shape inverse pattern. - There’s significant liquidity in the $6.5–$7.5 range . After successfully breaking above the $5.1 level —just as I strongly anticipated—price is now likely targeting that liquidity zone. To sum up, BINANCE:ATOMUSDT is demonstrating both fundamental strength and technical confirmation, making it a high-potential candidate in the current market environment.
Long
by ahmedeidoox
4
BTC Hits New All-Time High: Is a $128K Blow-Off Top Next?Bitcoin's Meteoric Ascent: New All-Time Highs Fuel $128K "Blow-Off Top" Predictions Amidst Unprecedented Adoption The digital gold rush of the 21st century is reaching a fever pitch. Bitcoin (BTC), the pioneering cryptocurrency, has not only shattered previous records but is now tantalizingly close to new, stratospheric all-time highs, with analysts eyeing a potential "blow-off top" as high as $128,000. This electrifying surge, which saw BTC climb to within 1.5% of new peaks as bullish sentiment decisively overcame final resistance, is underpinned by a confluence of factors: soaring institutional and retail adoption, particularly in the United States, booming ETF inflows, growing political and regulatory support, and a shifting macroeconomic landscape that increasingly favors non-traditional assets. As of May 21, 2025, Bitcoin has firmly established itself above the $109,000 mark, a testament to its resilience and burgeoning mainstream acceptance. The recent price action has been nothing short of spectacular. Bitcoin bulls have been relentlessly "grilling sellers," pushing the price to historic milestones. On May 21, 2025, Bitcoin etched a new all-time high (ATH) above $109,000, a landmark achievement that notably placed 100% of BTC holders into profit. This surge saw Bitcoin's market capitalization briefly surpass that of e-commerce giant Amazon, a symbolic victory highlighting its growing financial clout. Specific figures around this period include a climb to a record $109,302, and another peak at a historic $109,500, demonstrating the intense buying pressure and bullish conviction in the market. Analysts are now recalibrating their upside targets, with many calling for $116,000 as the next significant milestone on the path to even loftier valuations. This bullish momentum isn't occurring in a vacuum. It's the culmination of years of development, increasing understanding, and a series of pivotal events that have collectively propelled Bitcoin into the financial limelight. The American Bitcoin Boom: Adoption Surpasses Gold, Institutions Dive In One of the most compelling narratives driving Bitcoin's current rally is its explosive growth in the United States. A staggering 50 million Americans now own Bitcoin, a figure that notably surpasses the 37 million gold holders in the country. This demographic shift signifies a profound change in investment preferences, particularly among younger generations who are increasingly comfortable with digital assets. Bitcoin is no longer a niche interest for tech enthusiasts; it's becoming a recognized component of diversified investment portfolios across a broad swathe of the American population. The institutional embrace within the US is equally, if not more, impactful. US firms now hold an astonishing 94.8% of the Bitcoin reserves held by publicly traded companies globally. This concentration underscores the confidence American corporations have in Bitcoin as a treasury reserve asset, a hedge against inflation, and a potential source of significant returns. Furthermore, the United States is solidifying its position as the global epicenter of the Bitcoin industry, with 40% of all Bitcoin companies headquartered domestically. This robust ecosystem of miners, exchanges, wallet providers, and ancillary service companies fosters innovation and provides a strong foundation for continued growth. The advent and subsequent success of Bitcoin Exchange Traded Funds (ETFs) have been a game-changer. These regulated financial products have opened the floodgates for a new wave of capital, allowing retail and institutional investors to gain exposure to Bitcoin through traditional brokerage accounts without the complexities of direct ownership and custody. The "booming ETF inflows" are a direct contributor to the recent price surge, creating sustained buying pressure and signaling widespread market acceptance. Macroeconomic Tailwinds and Regulatory Optimism Beyond direct adoption, broader economic and political factors are playing a crucial role. The recent new all-time high of $109,000 was notably set just nine days after the US and China closed a 90-day trade agreement. This resolution eased economic uncertainty and market jitters that had previously weighed on global markets. In such an environment, assets perceived as hedges against traditional market volatility or fiat currency devaluation, like Bitcoin and gold, often thrive. Indeed, concurrent with Bitcoin's rise, concerns such as Japan's debt woes have contributed to gold surpassing the $3,300 mark, indicating a broader flight to alternative stores of value. Furthermore, there's growing optimism around US regulations concerning cryptocurrencies. While the regulatory landscape is still evolving, recent pronouncements and actions suggest a move towards greater clarity and a more accommodative stance, rather than outright prohibition. This "growing political support" is crucial for long-term institutional commitment, as regulatory uncertainty has historically been a significant barrier to entry for larger, more conservative investors. The fact that Bitcoin climbed to a record of $109,302, breaching a previous high set around the time of a major political event like a presidential inauguration (specifically referenced as Trump's inauguration on Jan. 20 in a historical context for a previous ATH), often correlates with market sentiment interpreting political or regulatory shifts as favorable. The "Bitcoin Strategic Reserve" (BSR): A Paradigm Shift for National Economies? An intriguing, albeit more speculative, concept gaining traction is the idea of a "Bitcoin Strategic Reserve" (BSR). While not yet a formal policy in any major nation, the discussion itself highlights Bitcoin's evolving perception from a purely speculative asset to one with potential strategic geopolitical and economic importance. A BSR would involve a nation-state, such as the United States, acquiring and holding Bitcoin as part of its national reserves, much like it currently holds gold or foreign currencies. The rationale behind such a move could be multifaceted: 1. Hedging Against Fiat Devaluation: As central banks globally continue to engage in monetary expansion, concerns about the long-term purchasing power of fiat currencies persist. Bitcoin, with its fixed supply, offers a potential hedge against this inflation. 2. Participating in a New Financial System: If Bitcoin continues its trajectory towards becoming a globally recognized store of value or even a medium of exchange for certain international transactions, holding it in reserve would position a nation to participate actively in this emerging financial infrastructure. 3. Technological Leadership: For a country like the US, which already leads in Bitcoin company headquarters and corporate holdings, establishing a BSR could further cement its leadership in the digital asset space, attracting talent and capital. 4. Economic Resilience: In a future where digital currencies play a more significant role, a BSR could offer a degree of economic resilience and autonomy, reducing reliance on traditional financial systems or the currencies of other nations. The implications of a major economic power like the US even seriously considering, let alone implementing, a BSR would be monumental for Bitcoin's legitimacy and price. It would signal ultimate institutional acceptance and could trigger a wave of similar considerations by other nations, creating immense demand for a limited supply of BTC. While the "Bitcoin Strategic Reserve Explained and What BSR Means for the US Economy" remains a topic of forward-looking discussion, its emergence in financial discourse is a testament to how far Bitcoin has come. The Path to $128K: Understanding the "Blow-Off Top" With Bitcoin having decisively broken past $109,000 and upside targets of $116,000 now in common parlance, the ultimate bull-case scenario being discussed is a "blow-off top" potentially reaching $128,000 or even higher. A "blow-off top" is a chart pattern that signifies a steep and rapid price increase in an asset, often on high volume, followed by an equally sharp reversal. It typically occurs at the end of a prolonged bull market or a parabolic advance. The psychology behind it involves: 1. Euphoria and FOMO (Fear Of Missing Out): As prices accelerate, media attention intensifies, and stories of quick riches abound. This draws in a flood of retail investors who don't want to miss out on the gains. 2. Exhaustion of Buyers: The parabolic rise eventually becomes unsustainable. The last wave of enthusiastic buyers enters at or near the peak. 3. Smart Money Distribution: Experienced traders and institutions, who may have accumulated positions much lower, begin to sell into this heightened demand, taking profits. 4. Sharp Reversal: Once buying pressure is exhausted and selling pressure mounts, the price can fall dramatically as latecomers panic-sell and stop-losses are triggered. Predicting the exact peak of a blow-off top is notoriously difficult. However, analysts use a combination of technical analysis (chart patterns, momentum indicators, Fibonacci extensions), on-chain data (network activity, holder behavior), and market sentiment to identify potential price targets and warning signs. The $128,000 figure is likely derived from such analyses, representing a significant psychological level or a projection based on previous market cycle behavior. Navigating the Bull Market: Indicators for Identifying a Cycle Top While the current sentiment is overwhelmingly bullish, savvy Bitcoin traders and investors are always mindful of market cycles and the potential for corrections or trend reversals. The question, "Is Bitcoin price close to a cycle top?" is one that prudent market participants constantly evaluate. Several indicators can help traders gauge whether a market might be overheating: 1. Moving Average Convergence Divergence (MACD): This trend-following momentum indicator can show bearish divergences, where the price makes new highs, but the MACD fails to do so, signaling weakening momentum. 2. Relative Strength Index (RSI): An RSI reading above 70 is generally considered overbought, and readings above 80 or 90 in a strong bull market can signal extreme conditions, though Bitcoin can remain overbought for extended periods. Bearish divergences on the RSI are also key. 3. On-Chain Metrics (e.g., MVRV Z-Score, Puell Multiple, SOPR): o MVRV Z-Score (Market Value to Realized Value): Compares Bitcoin's market cap to its realized cap (the price at which each coin last moved). High Z-scores indicate the market cap is significantly higher than the average cost basis, suggesting the asset is overvalued and potentially near a top. o Puell Multiple: Looks at the supply side of Bitcoin's economy – miners and their revenue. It divides the daily issuance value of bitcoins (in USD) by the 365-day moving average of daily issuance value. High values suggest miner profitability is high compared to historical norms, which has sometimes coincided with market tops. o Spent Output Profit Ratio (SOPR): This indicates if holders are, on average, selling in profit or loss. Values significantly above 1 suggest holders are realizing substantial profits, which can increase sell pressure. A sustained drop below 1 after a peak can signal a shift in trend. 4. Logarithmic Growth Curves: Bitcoin's long-term price action has often respected logarithmic growth channels. When the price reaches the upper band of these channels, it has historically indicated a market top. 5. Funding Rates and Open Interest in Derivatives Markets: Extremely high positive funding rates on perpetual swaps indicate that an overwhelming number of traders are long and paying a premium to maintain those positions. This can signal excessive bullishness and a crowded trade, making the market vulnerable to a long squeeze if prices reverse. High open interest can also exacerbate volatility. While Bitcoin is currently refusing to give up on its quest to revisit $108,000 (a level now surpassed) and beyond, concerns over a trend change, though perhaps quieter amidst the euphoria, are always present in the minds of seasoned investors. These indicators provide a more objective lens through which to assess the sustainability of the current rally. The Road Ahead: Uncharted Territory with Immense Potential As Bitcoin forges new all-time highs, it enters uncharted territory. The confluence of unprecedented US adoption, robust institutional investment via ETFs, a more favorable regulatory outlook, and supportive macroeconomic conditions has created a potent cocktail for price appreciation. The surpassing of Amazon's market cap, even if temporary, and the fact that 100% of BTC holders are in profit, are powerful psychological milestones that can fuel further confidence. The predictions of a $116,000 interim target and a potential $128,000 blow-off top are no longer fringe theories but are being seriously discussed by mainstream analysts. The narrative of Bitcoin as "digital gold" is gaining more traction than ever, especially as traditional safe havens like gold also see increased interest amidst global economic uncertainties like Japan's debt situation. However, the path is unlikely to be linear. Bitcoin's inherent volatility means that sharp corrections can and will occur, even within a broader uptrend. The "concerns over a trend change" will likely grow louder as prices reach more extreme levels, and profit-taking becomes more tempting. Investors should remain vigilant, utilize the available indicators to assess market conditions, and practice sound risk management. In conclusion, May 2025 has marked a historic period for Bitcoin. Its surge above $109,000, driven by a powerful combination of fundamental adoption and favorable market dynamics, has set the stage for potentially even more dramatic price action. Whether the ultimate peak of this cycle is $116,000, $128,000, or another figure entirely, one thing is clear: Bitcoin has firmly cemented its place in the global financial landscape, and its journey is far from over. The coming weeks and months will be closely watched by investors worldwide as the world's preeminent cryptocurrency continues to redefine the boundaries of financial assets. ________________________________________ Disclaimer: This article is for informational purposes only, based on the provided snippets, and should not be considered financial advice. Investing in Bitcoin and other cryptocurrencies is highly speculative and carries a significant risk of loss. Past performance is not indicative of future results. Always conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions.
BITSTAMP:BTCUSDLong
by bryandowningqln
2
Bitcoin Reaches New All-Time HighOver the past three trading sessions, BTC has gained more than 5%, marking a new all-time high above the $109,000 zone. The current bullish bias can largely be explained by optimism surrounding cryptocurrency regulation, as the U.S. Senate debates new pro-crypto legislation. However, the strong upward momentum has started to ease gradually, and the price is beginning to consolidate near its record levels. Steep Bullish Trend Since April 9, BTC has maintained a strong upward trend, pushing the price back toward historical highs. So far, there has been no significant selling correction that could challenge the current bullish structure, making it the most important technical formation to monitor in the short term. However, it is worth noting that the trend has become increasingly steep, which could create room for short-term pullbacks. RSI The RSI line remains above the overbought zone at the 70 level, indicating that the recent buying impulse has been strong enough to unbalance market forces. This increases the likelihood of a short-term corrective move as the market seeks to reestablish equilibrium. MACD Despite the continued rise in price, the MACD histogram is hovering close to the zero line, which fails to confirm strong bullish momentum. This may signal that a period of neutral consolidation could continue around the current all-time highs. Key Levels to Watch: $106,000 per BTC: Current price barrier aligned with the historical high zone. This level could act as a resistance area, potentially triggering short-term selling corrections. $115,000 per BTC: A psychological target and the next tentative resistance. Bullish moves approaching this level would reinforce the current upward trend. $100,000 per BTC: A key support level, located at a previous consolidation area and a strong psychological threshold. A break below this level could put the current bullish structure at risk. Written by Julian Pineda, CFA – Market Analyst
FOREXCOM:BTCUSD
by FOREXcom
1
SUSHI Token: A High-Potential Setup You Shouldn’t IgnoreHello everyone! A huge opportunity has emerged on the BINANCE:SUSHIUSDT chart. I’ll break down the technical analysis for SUSHI using both the Daily and 4H timeframes , highlighting key levels and potential trade setups. On 1D timeframe - Price has swept the liquidity below the November 2024 low , forming an inverse Head and Shoulders pattern , which is a strong bullish reversal signal. - Price recently broke did the May high after that retraced approximately 24% . This pullback aligned perfectly with a retest of the neckline from the inverse Head and Shoulders pattern, reinforcing its validity as a bullish setup. On 4H timeframe - If price breaks above $0.775 , it would serve as a confirmation of bullish momentum, suggesting a likely move toward the liquidity zone above $1.00 . - In my opinion, if market conditions remain bullish and Bitcoin continues its upward trend, SUSHI is likely to break above the $1.00 level with ease and potentially reach the inverse Head and Shoulders target around $1.20+ . In conclusion, SUSHI is currently showing strong bullish signals, and if the broader market gives altcoins room to run, this token has the potential to rally aggressively. Note: SUSHI is a low-cap token with high volatility, so exercise proper risk management when trading or investing.
Long
by ahmedeidoox
Bitcoin Analysis – Can Buyers Push the Price Up to $116,000?OANDA:BTCUSD is trading within a clearly defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting a potential continuation. Price has recently broken through a key resistance zone and may return to retest it. If this level holds as support, it will reinforce the bullish structure and increase the likelihood of a move toward the 116,000 target, aligning with the upper boundary of the channel. As long as price remains above this support zone, the bullish outlook remains intact. However, a break below this level could invalidate the setup and increase the likelihood of a deeper pullback. Remember, always confirm your setup and trade with solid risk management. Good luck!
BITSTAMP:BTCUSDLong
by LucasMgoldview
1
Senate Advances Stablecoin Bill, JPMorgan Backs Bitcoin AccessFundamental approach - The US Senate has cleared the GENIUS Act, its long-awaited stablecoin framework, after marathon talks. A final vote is expected after the Memorial Day break (26 May). - JPMorgan Chase CEO Dimon says the bank will soon allow clients to trade bitcoin through third-party custody, adding fresh tailwinds to institutional demand. - Spot-bitcoin ETFs are on track for a sixth straight week of net inflows, reinforcing the bid beneath prices. Technical approach: - Price is probing resistance at 106200 within a well-defined rising channel. The widening spread between both EMAs underscores building bullish momentum. - A decisive close above 107000 opens the door to 113000. - On the contrary, a drop through the support at 101400 would lead to a deeper correction to around the following support at 93000. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
Long
by DatTong
1
THETAUSDT: Strong Fundamentals, Bullish Technicals: What’s Next?Hello Everyone! In this idea, I’ll break down BINANCE:THETAUSDT from both a fundamental and technical perspective. The goal is to uncover whether THETA presents a real opportunity or if it’s just another altcoin market noise. 1. Fundamental Analysis I’m bullish on THETA not only for its technical setup but also for its strong fundamentals: - AI Integration Advantage: THETA is carving out a niche in the AI and decentralized video infrastructure space which is a sector currently enjoying massive global attention and investment. This AI focus gives THETA a competitive edge in a rapidly evolving industry. - Tokenomics: THETA has a maximum and circulating supply of 1 billion tokens , which is relatively no inflationary token. - Upcoming Catalyst : EdgeCloud Beta Launch : A major catalyst is scheduled for June 25 , with the beta launch of THETA’s EdgeCloud platform. This development could generate renewed investor interest and media attention. - Active Transparent Team : THETA’s team is known for being highly active and continuously forming strategic partnerships, which reinforces long-term credibility and ecosystem growth. 2. Technical Analysis On Weekly timeframe - THETA has recently made an upward move from a strong demand zone , showing clear signs of buyer interest. Notably, it didn't break below its 2023 bottom , which reinforces a bullish structure and suggests that the long-term support is holding firm. - Additionally, the MACD is on the verge of a bullish crossover, signaling a potential shift in momentum. If confirmed. On 4D timeframe - THETA also bounced off a PD Array, specifically a Fair Value Gap (FVG) , which often acts as a high-probability reaction zone in ICT . Adding to the bullish confluence, it closed a previous 4-day candle with strength , confirming bullish intent and showing institutional interest may be stepping in at this level. - THETA is currently targeting the next PD Array — a swing point around $1.08 . If price sweeps this level with strength, the next potential target lies around $1.311 , aligning with the next major liquidity zone . On 4H timeframe - For bullish momentum to truly build, THETA must break above the key resistance zone at $0.93 . This level has acted as a supply barrier, and a clean breakout could trigger increased buying pressure. - On the Cumulative Volume Delta (CVD) , there's a bullish divergence forming — a strong indication that buying interest. In conclusion, THETA/USDT is showing promising signs both technically and fundamentally. The bounce from a key demand zone, bullish divergence on CVD, and a potential MACD crossover suggest momentum may be shifting in favor of bulls. If price breaks above the $0.93 resistance , we could see a move toward $1.311 . On the fundamental side, THETA’s involvement in the booming AI sector, capped supply, upcoming EdgeCloud beta launch (June 25), and an active development team provide strong long-term potential. As always, manage risk wisely and monitor key levels for confirmation.
Long
by ahmedeidoox
3
#BTC/USDT Highest Daily Close! What it Means? $117k on cards?Bitcoin Daily Update – Bulls Take the Lead Bitcoin just recorded its highest daily close in history at $106,849.99 (Binance), surpassing the previous record of $106,143.82 set on January 21st. While the difference is minor in percentage terms, it's still a meaningful win for the bulls. The next key level to watch is $113k to $117k, based on the Fibonacci extension target. For confirmation, we need another solid daily candle close above the current range. The $106K resistance has already been broken, and BTC is holding above it, indicating strong bullish momentum. To avoid getting trapped in a fakeout, consider adding the 14 EMA to your chart. As long as BTC holds above this EMA, the uptrend is likely to continue. Once BTC's show is over, Altcoins will likely follow suit. INVALIDATION OF THIS CHART: A close below $102k in confluence with 14EMA in Daily. I hope this update gives you actionable insight. If it did, feel free to follow and like. Let me know your thoughts or questions in the comments, I read every one. Thank you #PEACE
Long
by Cryptorphic
5