Polkadot (DOT/USDT) Ready to Explode? Full Technical Breakdown Hello everyone!
In today’s idea, I’ll be breaking down the technical analysis of BINANCE:DOTUSDT . I hope you find this analysis valuable and insightful for your trading decisions.
On weekly TF
- There was a huge liquidity sweep on the bottom of 4 AUG 2024 on APRIL 2025
- As shown in the chart above, the MACD has started to cross bullishly on 1W timeframe. The last time this occurred, DOT rallied by approximately 200%.
- Two weekly candles have closed above the previous high that led to the last bottom (around $4.772), signaling a market structure shift from bearish to bullish.
On 4D TF
- On the OBV , a downtrend line was broken, and a retest is currently in progress.
- There is a very important Fair Value Gap (FVG) being retested right now.
- Note: The 4D candle closes today. Monitor closely to see if it closes above the FVG — respect the FVG.
- A good potential entry zone is between $4.44 – $4.241.
In conclusion, DOT/USDT is showing promising bullish signals across higher timeframes, with a potential entry zone between $4.44 – $4.241. As always, manage your risk and wait for confirmation before entering. I’ll be watching the 4D close closely — stay sharp!
Bitcoinprice
Bitcoin Is Printing Irregular CorrectionHello, Skyrexians!
Despite the negative comments that BINANCE:BTCUSDT will pump instead of my bearish prediction and Saylor's Bitcoin purchases I am going to follow my scenario - nothing has changed. Based on my experience price now is printing the most difficult shape of correction - irregular ABC.
In recent analysis I explained why we shall use now 12 hours time frame. On this time frame Awesome Oscillator shall cross zero line to finish correction. Target for irregular correction usually at 0.38 Fibonacci at $97.5k, but also can touch $95k with the wick.
Best regards,
Ivan Skyrexio
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Please, boost this article and subscribe our page if you like analysis!
$108K BTC ATH in Sight Despite ETF & Moody's HeadwindsBitcoin's Turbulent Ascent: Charting a Course Through Volatility, Institutional Embrace, and the $108,000 Horizon Amid Shifting Economic Sands
The world of cryptocurrency is once again fixated on its undisputed leader, Bitcoin (BTC). The digital behemoth is currently navigating a period of intense market activity, marked by dramatic price swings, a nuanced evolution in institutional engagement, and a striking resilience in the face of macroeconomic tremors. As Bitcoin flirts with the $102,900 threshold and repeatedly tests the crucial $104,000 psychological barrier, the air is thick with anticipation. Market analysts and enthusiasts alike are closely watching for a potential surge that could propel Bitcoin beyond its previous all-time high (ATH) to an ambitious $108,000 within the current month. This intricate dance unfolds against a complex global backdrop: a recent downgrade of US debt by Moody's, significant and strategic Bitcoin accumulation by institutional players like Japan's Metaplanet, and observable shifts in the open interest of Bitcoin Exchange Traded Funds (ETFs).
The narrative for Bitcoin in May 2025 is one of inherent strength and heightened expectation. While a recent, sharp pullback from the $107,000 mark was widely attributed to investors capitalizing on recent gains—a classic profit-taking maneuver—rather than a panicked reaction to Moody's revised outlook on US debt, the digital asset staged a swift and impressive recovery, climbing back towards the $105,000 level. This rapid rebound underscores a complex interplay of market forces, investor sentiment, and perhaps a growing perception of Bitcoin as an asset with unique characteristics. This resilience, buttressed by robust underlying network fundamentals and an increasingly confident institutional presence, paints a compelling and multifaceted picture of Bitcoin's current trajectory and its potential future.
Navigating Price Swings: Profit-Taking, Market Maturity, and a Dismissal of Moody's Downgrade
Bitcoin's recent price journey has been nothing short of a rollercoaster, a testament to its well-documented volatility. However, these fluctuations also hint at a market that is gradually maturing in its response to external economic shocks. The digital currency experienced a notable dip, with some initial commentary linking it to a broader "risk-off" sentiment ostensibly triggered by Moody's downgrade of US sovereign debt. Indeed, Moody's Investors Service adjusted the U.S. government's long-term issuer and senior unsecured ratings from the pristine AAA to Aa1. The agency cited mounting concerns over the nation's escalating debt burden and the sustainability of its interest payments, a move that traditionally sends ripples of caution through global financial markets, often prompting investors to reduce exposure to assets perceived as higher risk.
However, the narrative surrounding Bitcoin's reaction quickly evolved. The sharp sell-off from its recent high near $107,000 was predominantly identified by market observers as a consequence of profit-taking. Investors who had benefited from the preceding upward trend chose to realize their gains, a standard market dynamic in any asset class. This distinction is critically important. It suggests that the selling pressure was primarily an internal market mechanism within the cryptocurrency space itself, rather than a direct, sustained erosion of confidence directly attributable to the US debt downgrade.
In a remarkable display of this independent strength, Bitcoin demonstrated a robust recovery, rallying back towards the $105,000 mark. This price action was widely interpreted as Bitcoin effectively "ignoring" or "shrugging off" the downgrade's potential long-term implications for its own valuation. Some market analysts posit that this behavior lends further credence to Bitcoin's burgeoning role as a potential hedge against instability in traditional financial systems and a perceived decline in the long-term purchasing power of fiat currencies. While Bitcoin's price did exhibit a corrective phase around the time of the downgrade announcement, its capacity to swiftly regain lost ground suggests that the market may have either already factored in such macroeconomic developments or, more significantly, views Bitcoin's fundamental, long-term value proposition as increasingly detached from traditional economic indicators. The market's reaction, characterized by an initial dip followed by a spirited recovery, highlights Bitcoin's complex and evolving relationship with macroeconomic news. It behaves at times like a risk asset, sensitive to global liquidity and investor sentiment, and at other times, it exhibits characteristics of a safe-haven asset, sought after during periods of uncertainty.
The Alluring Prospect of a New Zenith: Is $108,000 Bitcoin's Next Landmark?
Amidst this characteristic volatility, a palpable undercurrent of optimism pervades the Bitcoin market. Strong suggestions and analytical forecasts point towards the possibility that Bitcoin could not only retest but decisively surpass its previous all-time high, potentially charting a course towards $108,000, and perhaps even higher, within the current month. Technical analyses, which scrutinize historical price patterns and market statistics to predict future movements, lend support to this bullish outlook. Some chartists and forecasters have identified take-profit targets for bullish positions clustering around the $109,158.98 region.
Currently, Bitcoin's price appears to be in a consolidation phase, hovering around the $102,957 mark after a retreat from a local peak of $107,115. Market participants are intensely focused on key resistance levels. The zone between $105,000 and $108,700 is viewed as a particularly critical hurdle. A decisive daily trading session closing above the $108,700 level could act as a powerful catalyst, potentially triggering a fresh wave of buying interest and propelling Bitcoin towards the $110,000 milestone. Should this momentum be sustained, a further ascent to $115,000 by the end of May is considered a plausible scenario by optimistic analysts.
This bullish sentiment is further amplified by what some market commentators describe as Bitcoin's "volatile liquidity run." This phenomenon, characterized by rapid shifts in market liquidity and price, is believed by some analysts to be capable of paving the way for new record highs. The market has recently observed unusual trading patterns, such as CME (Chicago Mercantile Exchange) Bitcoin futures contracts leading volatile price action, even during weekend trading sessions when traditional markets are closed. This indicates a dynamic and continually evolving market structure, increasingly influenced by institutional-grade trading venues.
Historically, Bitcoin's price has demonstrated a notable correlation with global liquidity conditions, particularly metrics like the M2 money supply. Expansions in M2, representing a broader measure of money in circulation, have often coincided with upward trends in Bitcoin's price. While current expansions in M2 could theoretically provide a tailwind for Bitcoin, the future trajectory of global liquidity is somewhat clouded by persistent inflation concerns and mixed signals from various economic sectors. Nevertheless, the potent combination of strong technical chart patterns, the potential for favorable liquidity conditions, and a resilient underlying market sentiment keeps the prospect of a new all-time high firmly within the realm of possibility. Analysts are keenly eyeing the $108,000 mark as a significant psychological and technical target. A convincing breakout above this level could potentially unleash further euphoric momentum, drawing in more retail and institutional capital.
The Institutional Equation: ETF Open Interest Moderates, While Metaplanet Intensifies Accumulation
The role and behavior of institutional investors continue to be a pivotal factor shaping Bitcoin's market dynamics and its journey towards mainstream acceptance. Recently, a noteworthy development was observed in the Bitcoin ETF space: open interest saw a 5% dip, settling at approximately $29.47 billion. This occurred even as Bitcoin itself maintained its price position near the $102,900 level. This decline in open interest, which represents the total number of outstanding derivative contracts that have not been settled, coupled with a discernible slowdown in weekly inflows into Bitcoin ETFs (which were reported as the lowest in a month, at $603.74 million for the period of May 12-16), suggests a degree of caution or perhaps a phase of consolidation among ETF investors. This follows a period of particularly heightened activity and significant inflows earlier in the year, often associated with the launch and growing popularity of spot Bitcoin ETFs in major markets. The relatively rangebound trading of Bitcoin, oscillating primarily between $102,711 and $104,971 during this period, likely contributed to this softer, more measured demand for ETF exposure.
However, it would be premature to interpret this dip in ETF open interest as a signal of a broader or sustained institutional retreat from Bitcoin. Activity in the derivatives markets, for instance, paints a more nuanced, and in some aspects, more bullish picture. Strong demand for call options, which give buyers the right but not the obligation to buy Bitcoin at a specific price in the future, indicates that a segment of sophisticated traders is actively positioning for an upward price movement, with some targeting levels around $110,000. In futures markets, when open interest rises in tandem with price, it typically signals that new capital is entering the market, reinforcing the strength and conviction behind the prevailing trend.
Contrasting sharply with the moderation observed in ETF flows is the aggressive and strategic accumulation of Bitcoin by corporate entities, most notably exemplified by Metaplanet. The Japanese investment firm recently captured headlines with its announcement of an additional purchase of 1,004 Bitcoin. This transaction marked its second-largest single acquisition of the cryptocurrency to date. This significant purchase, valued at approximately $104.3 million at the time of execution, increased Metaplanet's total Bitcoin holdings to an impressive 7,800 BTC. This substantial stash is currently worth over $800 million, fluctuating slightly with market prices but generally estimated between $806 million and $807 million. The company disclosed that its average acquisition price for this latest tranche of Bitcoin was around 15.13 million Japanese yen per BTC. Crucially, its overall average cost per BTC for its entire holdings now stands at approximately $91,340.
Metaplanet's Bitcoin strategy is notably ambitious and long-term in its orientation. The company has publicly stated its goals of accumulating 10,000 BTC by the end of 2025 and has even hinted at a more audacious long-term vision of potentially holding up to 1% of the total global Bitcoin supply. This proactive accumulation positions Metaplanet as a significant corporate holder of Bitcoin, particularly prominent within the Asian financial landscape. Its approach has drawn frequent comparisons to that of Strategy (formerly MicroStrategy), the US-based software intelligence firm renowned for its pioneering and substantial investments in Bitcoin as a primary treasury reserve asset.
Such large-scale corporate buying, as demonstrated by Metaplanet and Strategy, can exert considerable upward pressure on Bitcoin's price. By acquiring and holding substantial amounts of BTC, these corporations effectively reduce the freely circulating supply available on exchanges, a phenomenon sometimes referred to as exerting deflationary pressure, especially when corporate and even governmental buying activity is rapid and sustained. Metaplanet's actions, alongside those of other forward-thinking firms, underscore a growing and significant trend: the diversification of corporate treasuries into digital assets. These companies increasingly view Bitcoin not just as a speculative investment, but as a strategic reserve asset, a potential hedge against inflation, and a safeguard against the perceived long-term devaluation of fiat currencies. This movement has seen a notable surge in Bitcoin holdings by businesses globally, particularly since early 2024, signaling a paradigm shift in how corporations manage their financial reserves.
The Bedrock of Bitcoin: Network Health, Hashrate Resilience, and Expanding Mining Margins
Beneath the often-turbulent surface of price charts and the ebb and flow of institutional capital, the fundamental health and security of the Bitcoin network itself remain remarkably robust. Investment banking giant JPMorgan recently reported that the Bitcoin Network Hashrate experienced a slight but discernible rise in the first two weeks of May. The average hashrate during this period was noted at 88.5 Exahashes per second (EH/s), representing a 2% increase. Other data sources from the blockchain analytics community corroborate this trend, showing the daily hashrate reaching even higher levels, such as 831 EH/s as of May 1, 2025, and even peaking at an impressive 921 EH/s earlier in the month. This represents a significant increase from the lows observed in 2024. As of May 15, 2025, the Bitcoin Network Hash Rate was recorded at approximately 864.51 million Terahashes per second (TH/s), which translates to 864.51 EH/s. This continued upward trajectory in computational power dedicated to the network, even in the aftermath of events like the Bitcoin halving (which reduces the block rewards issued to miners), underscores the sustained confidence of miners and contributes directly to the network's formidable security.
Adding to this positive picture, mining gross margins have reportedly expanded sequentially throughout this month. JPMorgan's analysis highlighted that as Bitcoin prices appreciated, miners' gross profit margins also saw a month-on-month expansion, leading to improved economic conditions for those securing the network. The "hash price," a key metric representing daily mining profitability per unit of hash power, increased by a notable 13% when compared to April's figures. In the initial two weeks of May, Bitcoin miners earned approximately $50,100 per EH/s in daily block rewards (which includes both newly minted bitcoins and transaction fees). This figure is up 13% from the previous month and shows a 3% year-on-year increase.
This financial viability is crucial. It enables miners to continue investing in their operations, which includes covering significant energy costs and upgrading their specialized hardware (ASICs – Application-Specific Integrated Circuits) to maintain competitiveness and efficiency. Leading manufacturers like Bitmain and MicroBT continuously release more powerful and energy-efficient mining rigs. The fact that the market price of Bitcoin remains significantly higher than the average cost of mining (estimated by some analyses to be around $36,800 per BTC) indicates a healthy profit margin for the mining industry. These margins are comparable to those observed at the beginning of previous bull market cycles, further fueling optimism. Some publicly traded mining companies, such as LM Funding, have reported improved mining margins in the first quarter of 2025, successfully navigating the headwinds from the halving event through operational improvements, strategic power agreements, and in some cases, diversifying revenue streams like power sales.
The Untamed Frontier: Meme Coins and the Curious Case of BTC Bull Token
While Bitcoin, with its established infrastructure and growing institutional adoption, commands the lion's share of attention, the broader cryptocurrency ecosystem continues to be a fertile ground for innovation, experimentation, and, undeniably, speculation. One of the most prominent and often controversial manifestations of this is the meme coin phenomenon. The question frequently arises in online forums and social media: "Best Meme Coins like BTC Bull Token Next to Surge?" This highlights the persistent allure of these unique digital assets. Meme coins are a distinct category of cryptocurrency, typically inspired by internet memes, viral social media trends, or popular culture. Their value is often driven less by intrinsic utility or underlying technological fundamentals and more by community-generated hype, speculative fervor, and the quest for rapid, exponential gains. They are infamous for their extreme volatility, capable of producing meteoric price surges in short periods, but also equally susceptible to precipitous crashes.
BTC Bull Token ($BTCBULL) has emerged as a specific example within this highly speculative niche. It has positioned itself with taglines such as "the official Bitcoin meme coin" or a "Bitcoin-themed meme coin," attempting to leverage the brand recognition and market sentiment surrounding Bitcoin itself. Its core proposition appears to be a system of rewarding its token holders with airdrops of actual Bitcoin when BTC achieves certain predetermined price milestones (for example, when Bitcoin's price reaches $150,000, $200,000, or $250,000). Additionally, the $BTCBULL project outlines plans for token burn events. These events, designed to reduce the total supply of $BTCBULL tokens and theoretically increase their scarcity, are scheduled to occur when Bitcoin's price increases by specific increments (e.g., for every $25,000 increase in Bitcoin's price, starting from a baseline of $125,000). Currently reported to be in its presale phase, projects like BTC Bull Token aim to capitalize on the excitement and upward momentum of Bitcoin bull runs. They offer a highly leveraged, and therefore highly risky, way for speculators to potentially profit from Bitcoin's upside.
It is absolutely paramount for anyone considering an allocation to meme coins, including those linked thematically to Bitcoin, to thoroughly understand their inherent high-risk, high-reward nature. These assets are, by definition, intensely speculative. They are highly susceptible to "pump-and-dump" schemes, where coordinated buying inflates the price before early holders sell off en masse, leaving later entrants with significant losses. Many meme coins lack long-term viability, tangible real-world applications, or robust development teams. While the allure of quick, life-changing profits can be undeniably strong, the potential for substantial, and often total, financial loss is equally, if not more, significant. Prudent investors should approach such tokens with extreme caution, treating them more as a form of high-stakes gambling or digital entertainment rather than a serious, fundamentally-driven investment. Due diligence, a clear understanding of the risks involved, and an investment amount one can afford to lose are critical prerequisites.
Weaving the Narrative: A Complex Market of Resilience, Adoption, and Speculation
The current Bitcoin landscape presents a fascinating and intricate tapestry, woven from a diverse array of threads. We observe robust price action that seems increasingly capable of defying or quickly recovering from macroeconomic pressures. There is the steady, albeit sometimes fluctuating, march of institutional adoption, most visibly through products like ETFs, but also through direct corporate treasury allocations. The unwavering commitment of long-term corporate accumulators, exemplified by firms like Metaplanet, adds another layer of demand. Underpinning all of this is the fundamental strength and security of the Bitcoin network itself, evidenced by a healthy and growing hashrate. And, at the periphery, the ever-present speculative fervor of the broader crypto market, including the volatile world of meme coins, adds a unique dynamism.
Bitcoin's demonstrated ability to absorb the potential shock of Moody's US debt downgrade and subsequently rally, largely on the back of what was identified as profit-taking, indicates a growing maturity within its market. It also suggests a potential decoupling, at least to some extent, from the reflexive reactions often seen in traditional financial markets. The widespread anticipation of a new all-time high, with many eyes fixed on the $108,000 level, is not without foundation. It is supported by various technical indicators, ongoing positive sentiment, and a persistent bullish undercurrent in many segments of the market. However, the recent dip in ETF open interest serves as a salient reminder that institutional sentiment can be subject to caution and re-evaluation, and that the path to higher valuations is rarely a straight, uninterrupted line. Corrections and consolidations are natural parts of any market cycle.
Metaplanet's aggressive Bitcoin acquisition strategy highlights a different, perhaps more profound, facet of institutional interest. This is not just about short-term trading or exposure to a new asset class; it's about a long-term conviction in Bitcoin's potential role as a strategic treasury reserve asset. Such a trend, if it continues to grow, could have a more sustained and significant impact on Bitcoin's supply and demand dynamics over time. Meanwhile, the healthy hashrate figures and reports of improving miner profitability provide a solid and reassuring foundation for the network's continued secure operation and the confidence of its participants.
The emergence and popularity of meme coins like BTC Bull Token, while arguably peripheral to Bitcoin's core value proposition and its aspirations as a global financial asset, reflect the undeniable speculative energy that often accompanies bull markets in the cryptocurrency space. It serves as a reminder of the diverse and sometimes bewildering ecosystem that Bitcoin anchors – an ecosystem that now ranges from highly sophisticated institutional financial products and regulated investment vehicles to community-driven, high-risk, and often ephemeral digital tokens.
Gazing Forward: A Market Poised for Potentially Defining Movements
As May 2025 continues to unfold, the Bitcoin market stands at a fascinating and potentially pivotal juncture. The confluence of technical factors, institutional behavior, network fundamentals, and macroeconomic influences creates an environment ripe for significant moves. Several key elements will be crucial to watch in the coming weeks and months:
• Price Action Around Critical Levels: Bitcoin's ability to decisively breach and, more importantly, hold above the formidable resistance zone generally identified between $105,000 and $108,700 will be a critical determinant of whether a new all-time high is imminent. A strong breakout could ignite further momentum. Conversely, key support levels, likely around the $100,000 to $102,000 range, must hold firm to maintain the prevailing bullish market structure. A break below these supports could signal a deeper correction.
• Institutional Capital Flows: Continued monitoring of inflows and outflows from Bitcoin ETFs, as well as changes in their open interest, will provide valuable insights into shorter-term institutional sentiment and positioning. Simultaneously, tracking further corporate accumulation by entities like Metaplanet and Strategy will offer signals regarding long-term conviction and the adoption of Bitcoin as a treasury asset.
• Network Fundamentals and Security: Sustained growth in the Bitcoin network hashrate and the maintenance of healthy mining economics will continue to be vital indicators of the network's underlying security, resilience, and the confidence of its core infrastructure providers. Any significant disruptions or negative trends in these areas could impact broader market sentiment.
• Overarching Macroeconomic Influences: While Bitcoin has demonstrated a degree of resilience, the broader global economic climate will undoubtedly continue to exert an influence. Key factors to watch include inflation data from major economies, monetary policy decisions from central banks (particularly regarding interest rates and quantitative easing/tightening), and any further significant developments related to sovereign debt or geopolitical stability.
• Prevailing Market Sentiment: The overall sentiment within the cryptocurrency market, as reflected in metrics like the Fear & Greed Index, activity in derivatives markets (funding rates, options skew), and the tenor of discussions within online communities and social media, will play a significant role in driving short-term price movements. This is particularly true for the more speculative assets within the ecosystem.
Bitcoin's journey is one of perpetual evolution, marked by innovation, debate, and dramatic market cycles. The current phase, characterized by ambitious price targets, strategic institutional chess moves, and robust underlying network strength, suggests that the coming weeks and months could be particularly pivotal in shaping its longer-term narrative. While the prospect of Bitcoin surpassing the $108,000 mark and venturing into new price discovery territory excites many participants, the asset's inherent volatility, coupled with the speculative elements that froth at the market's fringes, necessitates a balanced and informed perspective. Acknowledging both the transformative potential of Bitcoin and the considerable risks that continue to define its unique position in the global financial landscape remains essential for anyone navigating this dynamic space.
BITCOIN Daily Bullish / Bearish days ahaed with Big push after
Even though I have mentioned that we maybe in for some RED days this week, this chart shows how, ultimately, we are in a Bullish momentum still.
The CUP pattern that we have printed ( adjusted since I last posted this) , Goes from ATH line back to the ATH line.
We also see how there is this APEX that PA has fallen into that has its peak at the end of this month.
PA always reacts before the APEX
But before this, we may range across or drop down onto the CUP. This has Strong support and could possibly propel PA above thaT ATH line.
We do need to also understand, there is a 618 Fib circle at this intersection and that may not be easy to break through.
But PA has often searched out intersections of resistance to break through and so I am looking to this as the way forward.
The 2.618 Fib Ext on this chart may also offer support at around 98K if we loose support higher.
The RSI is already dropping from OverBought and so will probably continue to do so till we reach Neutral / Over Sold again.
And the Daily MACD, is also turning Bearish, But as mentioned before, this is possibly repeating what happened in Nv 2024
See the Arrow on the left...The Histogram is the one to take note of. Two Green peaks and then a red Dip
We have just begun the Red bit after the two Green peaks.
The scale is larger here and so we may have to wait longer till we return out of the green.
In 10 dayts, we will be near end of month
So, for me, this week will be possibly Red but towards the end of the month, things will begin to move higher.
All depends on PA following expected patterns and that does not always happen
We can only look, plan and react.
Bitcoin could be SO close to take off - certainly shows Strength
Before we go anywhere with this, we MUST remember that a "TREND LINE " requires a minimum of 3 points of Contact to make it Valid. The more points of contact the better.
All of these Trend lines in this chart are therefore Valid.
But what needs to be questioned is maybe the PA trend between the lines......
And because of the Scale of this, we are using only 2 past Factual data sets and one expected.
So NOT a confirmed Trend
But I shall continue anyway as there are a number of things that make this idea a possibility.
So, on the chart we have the Upper and Lower day counts.
The Lower is number of days between ATH
2013 -> 2017 = 1491 days
2017 -> 2021 = 1431 days
2021 -> 2025 = ...............Expected anytime from October to Dec. This is IF we follow the "pattern"
50 day difference between the 2 sets of Past data
The Upper day count uses just ONE data point from the 2013 -> 2017 cycle. It is from the ATH to when PA made the BIG move to begin the climb to ATH. That was around 1277 days after the 2013 ATH and you can see the candle that rose off that line of support was substantial.
As many of you know, I am firmly in the belief that this run is mimicking the 2013 -> 2017 run in many ways
So, The same day count takes us past the First 2021 ATH, which I have always said was a "False" ATH in that PA was driven High, to early, by leveraged and hopeful gains.
However, if you look at the distance from the end of that day count to when the ATH was reached, it is similar to the 2017 ATH
So if we Project that same day count onto current PA, THIS MONTH is the month for take off.
And again, See the difference between the end of the day count and the projected ATH daye.
Similar to previous occasions.
This is also reflected on the Fractal, that arrives on the upper trend line in November.
One thing that makes me hesitate a little here is the projected ATH Price of Near 700K USD.
I am not sure that is going to happen....And so we wait to see what happens.
But I will watch this and see where we go
I have pointed out in another chart, how Bitcoin PA is under a Very long time Arc of resistance and this could be in play and if so, This chart Will become invalidated.
We Wait to see
BTC still consolidates within a rangeIf you were like me, you got a little dose of hopium after BTC closed above last week's resistance around $105k.
Nonetheless, resistance was expected from $105k - $108k with price starting the week with a bearish engulfing candle, currently trading around $103.1k.
We will have to see if last week's support around $101.5k holds.
If the price continues with bullish momentum and does something like the period from 22 Apr - 6 May, a successful bull flag breakout could take BTC to $115k.
If support is lost, we could see retests of previous levels as low as $94.5k. However, my guess would be a test of $97.5k before going higher, creating a HHHL market structure.
Bitcoin BTC price analysis - be careful📉 The cryptocurrency market is forming an "order" for "Red Monday".
On the OKX:BTCUSDT chart, the "Triple Top" pattern is probably nearing completion - its recognizable feature is the more lower central top and the right “powerful shake out” (for more details, if you are interested, you can read Encyclopedia of chart patterns/Thomas Bulkowski)
🆗 So, the minimum target for this pattern is $96100 per CRYPTOCAP:BTC
❗️ Confirmation of the "Triple Top" pattern development - after the base breakout and the inability to consolidate higher on the retest.
💰 Globally, we wrote our thoughts on the possible price of #Bitcoin in May/June a week earlier 👇
Also, to make trading decisions and determine which direction to trade, you need to analyze the situation on the charts:
1️⃣ BTC.D 👇
and
2️⃣ USDT.D 👇
_____________________
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Bitcoin Weekly Closed GREEN -opens RED. Whats next ? After 6 consecutive Green Weeks, Bitcoin maybe about to Turn around and Cool for a bit.
BUT DO NOT PANIC
We have opened the week with a sharp drop back below the 2.618 Fib Extension. This in itself is a major move if unsurprising
Last week, we talked about this possibility by looking at the Daily MACD.
MACD Rising above the Signal line is a Bullish indication and Visa Versa
See the Arrow on the left, how MACD had 2 slight pullbacks and then went higher. This was in Nov 2024, just as the Ranging was finishing and PA was getting ready to push up to its Current ATH line
What I was looking at mostly though, was the Histogram. The Histogram shows us the distance between the MACD line ( yellow ) and its Signal line ( Red ) . The Bigger the bar, the bigger the difference between them.
See how it rose twice and then, went red for 2 days, recovered for a day and then , OFF WE WENT
And I am suggesting this is what may happen again.
So far, that pattern is repeating and the Histogram just went Red.
We may need to understand the difference in scale of this histogram though.
This could point towards a Week of unsettled PA, maybe Longer.
Notice how the MACD ( yellow) has now dropped below the Signal line ( red) as it did in Nov 2024.
During this period of MACD dropping and going red in 2024, we had 6 days of Red PA candles before the Bigger push higher. This may take longer this time but we have to wait and see.
We need to watch this close as the lines of support are in different place now.
If We zoom in on the Weekly PA chart, we see things a little more clearly
PA has fallen back below a line that was required as support. If you Look back to Nov 2024 area, we can also see a very Big difference in how PA is on the lines of support.
In 2024, we bounced off support.
We are currently being Rejected.
This Daily chart offers some more detail
The Circled area is the Nov 2024 area I been talking about.
Todays pull back is sharper but as we saw with the Histograms, we are in a bigger scale anyway
We could also see a similarity if we look back before the Circled area, see the W shape? A Double Bottom that appeared just before the push up.
Well, we just did that too.......If you back from where we are now, to the Low..There were 2 Dips down and then we pushed higher.
And, again, It is the scale that is Bigger.....
So, for me, this week maybe a bit bloody, but over all, Still Highly BULLISH
We need to regain that 2.618 Fib ext on this chart as support but that may not happen just yet.
There are "Local" lines of support near by and the LOG Daily chart I will post later gives some hope that Big Drops may not happen
The line of resistance just over head is strong and untill we break 112K and Hold it, we are likely to remain being bounced around.
But I do believe we Will do this and that we do seem to be repeating a pattern that led to a Goodpush higher.
We just have to wait and see
Bitcoin (BTC/USDT) - Support Trendline & Zone Price Test - DailyBitcoin (BTC/USDT) price recently rejected down from $107000 on May 19th, 2025.
The yellow Support Trendline below is currently being tested ($103000 price level).
Several candle body closes below the Support Trendline could signal weakness in the daily price trend (potential rising wedge pattern).
The April inverse head-and-shoulders price pattern and targets have been completed (+12% and +24%).
note: Breaking news, government law changes, corporate announcements, and crypto crime could affect the Bitcoin price and charts.
Bitcoin Analysis: Bullish Bias, But Waiting for a Smart Entry!🚀 BTCUSDT Outlook: Bullish Momentum, But Waiting for Value 📉💰
Bitcoin (BTCUSDT) continues to push higher, showing strong bullish momentum across the daily and 4H timeframes. That said, current price action appears to be overstretched—in my view, it’s trading well into premium territory 📈⚠️.
💡 Although I maintain a bullish outlook, I’m now eyeing a pullback toward a more balanced zone—ideally between the 50% to 61.8% Fibonacci retracement levels. This would bring BTC closer to equilibrium and offer a more strategic opportunity to engage with the trend.
🔎 In this video, we break down:
- The dominant trend and current structure
- How to identify potential market structure shifts
- My buy scenario, which depends on a retracement forming a bearish short-term move (e.g. on the 30-min chart), followed by a bullish break of structure 📊✅
🕒 Timing is everything. Let price unfold—we’re not predicting, we’re preparing. Entries should only be considered when price action confirms the scenario laid out in this video.
⚠️ Disclaimer:
This content is intended for educational purposes only and reflects my personal analysis and opinion. It is not financial advice. Always conduct your own research and use proper risk management.
Bitcoin Stalls, But Chart Watchers Eye $300,000 Peak: Here's Whe
Bitcoin, the world's leading cryptocurrency, has experienced a period of consolidation, leaving investors and analysts alike pondering its next move. While the price has stalled below the $105,000 mark, a confluence of factors, including popular predictive models and bullish sentiment from prominent crypto analysts, suggests that a significant surge could be on the horizon. The potential for Bitcoin to reach new all-time highs, possibly soaring to between $275,000 and $300,000 by October of this year, is fueling excitement and speculation within the crypto community.
This article delves into the factors driving the bullish outlook for Bitcoin, examining the predictive models, analyst forecasts, and underlying fundamentals that support the possibility of a substantial price increase. We will explore the potential catalysts that could propel Bitcoin to new heights and analyze the technical indicators that chart watchers are monitoring closely.
Predictive Models Point to a Massive Surge
One of the primary drivers of the bullish sentiment surrounding Bitcoin is the existence of popular predictive models that suggest a massive price surge in the coming months. These models, often based on historical data, supply and demand dynamics, and other relevant factors, attempt to forecast the future price of Bitcoin with varying degrees of accuracy.
One such model, which has gained considerable attention in the crypto community, points to a potential surge to between $275,000 and $300,000 by October of this year. While the specifics of this model are not explicitly detailed in the prompt, it is likely based on factors such as Bitcoin's scarcity, its increasing adoption as a store of value, and the potential for institutional investment to drive demand.
It is important to note that predictive models are not foolproof and should not be taken as definitive guarantees of future price movements. However, they can provide valuable insights into potential scenarios and help investors make informed decisions.
Analyst Forecasts: $159,000 This Cycle
In addition to predictive models, bullish forecasts from prominent crypto analysts are also contributing to the optimistic outlook for Bitcoin. One analyst, in particular, has predicted that Bitcoin's price could reach $159,000 this cycle.
While the specific methodology used by this analyst is not detailed in the prompt, it is likely based on a combination of technical analysis, fundamental analysis, and market sentiment. Technical analysis involves studying price charts and other technical indicators to identify potential trends and patterns. Fundamental analysis involves evaluating the underlying value of Bitcoin based on factors such as its adoption rate, network security, and regulatory environment. Market sentiment involves gauging the overall mood and expectations of investors in the crypto market.
The analyst's forecast of $159,000 this cycle suggests a belief that Bitcoin is currently undervalued and that its price will eventually catch up to its intrinsic value.
Bitcoin IS The Opt Out
The phrase "Bitcoin IS The Opt Out" encapsulates a growing sentiment within the crypto community that Bitcoin represents a viable alternative to traditional financial systems. This sentiment is based on the belief that Bitcoin offers several advantages over traditional currencies and financial institutions:
• Decentralization: Bitcoin is not controlled by any single entity, such as a government or central bank. This decentralization makes it resistant to censorship and manipulation.
• Scarcity: Bitcoin has a limited supply of 21 million coins, which makes it a scarce asset. This scarcity is expected to drive its price higher over time as demand increases.
• Transparency: All Bitcoin transactions are recorded on a public ledger called the blockchain. This transparency makes it difficult to engage in illicit activities using Bitcoin.
• Security: The Bitcoin network is secured by cryptography, making it difficult to hack or tamper with.
The belief that Bitcoin offers a viable "opt out" from traditional financial systems is driving increased adoption and investment in the cryptocurrency.
BTC Price to $116K Next? 'Early Week' All-Time High
The prospect of Bitcoin reaching $116,000 in the near future, potentially even achieving an all-time high early in the week, is further fueling bullish sentiment. This forecast, attributed to a Bitcoin trader, suggests that the cryptocurrency is poised to break out of its current consolidation phase and enter a new period of price discovery.
The trader's forecast is likely based on technical analysis, identifying potential breakout patterns and momentum indicators that suggest an imminent surge in price. The expectation of an "early week" all-time high suggests a belief that the market is primed for a rapid and decisive move to the upside.
Leaving the Tight Range Behind
The statement that "Bitcoin is in line to leave its tight range behind in the coming days" suggests that the period of consolidation is nearing its end. A tight trading range typically indicates a period of indecision in the market, where buyers and sellers are evenly matched. However, such periods often precede significant price movements, as pent-up energy is released in one direction or another.
The expectation that Bitcoin will leave its tight range behind suggests a belief that the balance of power is shifting in favor of buyers, setting the stage for a potential breakout to the upside.
Retaking All-Time Highs and Pushing into Price Discovery
The ultimate goal for Bitcoin bulls is to see the cryptocurrency retake its all-time highs and push into price discovery. Price discovery refers to the process of establishing a new price level for an asset when it breaks out of its previous range.
When Bitcoin reaches a new all-time high, it enters a period of price discovery, where there are no historical resistance levels to impede its upward movement. This can lead to rapid and substantial price increases, as buyers are willing to pay higher and higher prices to acquire the asset.
Potential Catalysts for a Bitcoin Surge
Several potential catalysts could propel Bitcoin to new all-time highs and trigger a period of price discovery:
• Increased Institutional Investment: As more and more institutional investors, such as hedge funds, pension funds, and corporations, allocate capital to Bitcoin, demand for the cryptocurrency is likely to increase, driving its price higher.
• Regulatory Clarity: Greater regulatory clarity surrounding Bitcoin and other cryptocurrencies could remove a major source of uncertainty and encourage more investors to enter the market.
• Mainstream Adoption: As Bitcoin becomes more widely accepted as a form of payment and a store of value, its adoption rate is likely to increase, driving demand and price appreciation.
• Macroeconomic Factors: Macroeconomic factors, such as inflation, currency devaluation, and geopolitical instability, could drive investors to seek refuge in Bitcoin as a safe haven asset.
Technical Indicators to Watch
Chart watchers are closely monitoring several technical indicators to gauge the potential for a Bitcoin surge:
• Breakout Patterns: Identifying potential breakout patterns, such as ascending triangles, cup and handle formations, and flag patterns, can provide clues about when Bitcoin is likely to break out of its current range.
• Volume: Monitoring trading volume can help to confirm the validity of a breakout. A breakout accompanied by high volume is generally considered more reliable than a breakout accompanied by low volume.
• Momentum Indicators: Momentum indicators, such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), can help to gauge the strength of a trend and identify potential overbought or oversold conditions.
• Support and Resistance Levels: Identifying key support and resistance levels can help to anticipate potential price movements and set appropriate entry and exit points.
Conclusion: Awaiting the Next Chapter in Bitcoin's Story
Bitcoin's recent period of consolidation has left investors and analysts eager to see what the future holds. While the price has stalled below $105,000, a confluence of factors, including predictive models, analyst forecasts, and bullish market sentiment, suggests that a significant surge could be on the horizon.
The potential for Bitcoin to reach new all-time highs, possibly soaring to between $275,000 and $300,000 by October of this year, is fueling excitement and speculation within the crypto community. Whether Bitcoin achieves these lofty targets remains to be seen, but the stage is set for what could be another exciting chapter in the cryptocurrency's story. As always, investors should conduct their own research, assess their risk tolerance, and make informed decisions before investing in Bitcoin or any other cryptocurrency. The journey ahead promises to be volatile, but the potential rewards could be substantial for those who are willing to navigate the risks.
$BTC Double Top Pattern Forming – Is a Major Correction Bitcoin Double Top Formation Alert!
Currently, CRYPTOCAP:BTC appears to be forming a Double Top pattern on the 4H chart. If this candle closes as an Inverted Hammer, it may confirm a bearish reversal from the overbought zone.
Key Levels to Watch:
Immediate Support: $96,500 – $95,000
Critical Support: $94,000
Major Breakdown Levels:
If $94K breaks, next support is at $91,000
A deeper breakdown could target $80,000 or even $60,000
This correction could present a golden long opportunity for the next bullish leg. Stay patient, observe confirmations, and plan your entries wisely.
Where Is The Correction For Bitcoin?Hello, Skyrexians!
Recently we told about potential correction on BINANCE:BTCUSDT and current pump did not change anything except targets for this correction.
My mistake was that I counted wave 5 inside 3 as the wave 5, but warned you that I often have this mistake. Now looking at the awesome oscillator it's obviously that wave 4 has not been even started. Anyway wave 3 has been already pumped above the 1.61 Fibonacci it means that wave 5 will be not extended. Very soon corrective wave 4 will be started. The target now is between 0.38 and 0.5 Fibonacci retracement levels, approximately at $95k. Anyway, taking short against trend is bad idea. The only one way you can use this info is to define the zone where you can take long trade, but I will not take. I told in one of my analysis when Bitcoin was $76k two months ago that growth above $140k has been started, I don't like to anticipate small moves.
This was my global forecast
Best regards,
Ivan Skyrexio
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BTCUSD - Bearish Rejection Below Resistance | Targeting 95KBitcoin is currently facing strong resistance at $104,833, just below the invalidation level at $106,486. Price action suggests a potential rejection or distribution pattern forming near this resistance zone.
A break below recent local support could trigger a move toward the next key support level at $95,371, representing a significant retracement area from the recent uptrend.
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Trade Idea:
Entry: After confirmation of rejection below $104,800
Target: $95,371
Invalidation: Sustained breakout above $106,486
This setup favors bears in the short term, as long as price remains below the invalidation zone.
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> Disclaimer:
This analysis is for educational and informational purposes only and does not constitute financial advice. Always do your own research and consult with a professional before making any trading decisions. Trade at your own risk.
BNB/USD Bullish Heist: Crack the Vault & Grab the Loot!🤑 BNB/USD Profit Chase 🤑
Chart explorers and wealth hunters! 🚀 Ready to dive into the Binance Coin vs. Dollar (BNB/USD) crypto market? 📊 This Rogue Trade Strategy mixes sharp technicals with market energy to pursue a bullish wave. Follow this guide, ride the momentum, and exit before the danger zone hits. Let’s stack those wins together! 💸🎯
📈 Trade Plan: BNB/USD
Market: BNB/USD (Crypto) 🌍
Outlook: Bullish Surge 🌠
Timeframe: 4h (Swing Trade) ⏳
Entry Zones 📡
Surge Entry (Entry 1): "Crack the code! Spot the MA breakout at 690.0 and jump in—bullish gains are calling!"
Smart Move: Set buy stop orders above the Moving Average or buy limit orders at the latest 15/30-min swing low/high for pullback entries. 📢 Add a chart alert to catch the breakout!
Retreat Entry (Entry 2): "The moment’s here! Wait for the MA pullback in the Market Makers’ Ambush Zone at 630.0, then strike—bold moves win big!" 📍
Pro Tip: Set a TradingView alert for the 690.0 breakout to stay ahead! 🔔
Stop Loss 🚨
Surge Traders: After breakout confirmation, place Stop Loss below the recent 4H swing low at (Entry 1) 660.0 & (Entry 2) 600.0 to shield against reversals. ⚡
Retreat Traders: Adjust Stop Loss to your risk level (e.g., 1-2% of account). Tweak based on lot size and multiple entries. 📏
Risk Note: This trade’s high-octane! Keep position sizes tight to safeguard your funds. 🔥
Profit Target 🎯
Target 735.0, near the Overbought Zone (ripe for consolidation or reversal). 🏁
Exit Play: Cash out early if bearish signals (e.g., high volume, reversal patterns) appear near 735.0. 💵
Scalpers 🔍
Focus on quick Long-side scalps with tight trailing stops. Team up with swing traders for the full plan or grab fast profits if your capital allows. 💰
📡 Why This Trade Shines (May 18, 2025)
BNB/USD is buzzing with opportunity, fueled by:
Technicals: A breakout above the ATR Line (~690.0), paired with higher lows on the 1D chart, signals strong momentum. 📈
Sentiment (May 17, 2025): Social media buzz on platforms like Reddit shows 70% positive sentiment for BNB, with traders hyping altcoin momentum. Fear & Greed Index at 74 (Greed), urging caution near overbought levels. 😎
Fundamentals: CFTC’s COT report (May 16, 2025) reports a 14% WoW increase in institutional long positions in crypto futures, showing big-player confidence. 🗳️
Seasonal Edge: Q2 historically lifts Bitcoin and altcoins, supporting our setup. 📆
Market Flow: USD weakness (DXY down 0.9% this week) and altcoin strength boost BNB’s upside. 🌐
⚠️ Risk Control: Protect Your Gains
News Alert: Skip new trades during major events (e.g., CPI, FOMC) to avoid volatility traps. 📰
Trailing Stops: Activate trailing Stop Loss as price nears 700.0 to secure profits. 🔐
Position Sizing: Cap risk at 1-2% per trade for a smooth ride. 🚦
💥 Kick Off the Chase! 💥
Join the Rogue Trade Strategy squad—like, comment, and follow for more exciting trade setups! 🚀 Your support drives our market missions, paving the way for precise wins. Let’s dominate BNB/USD together! 🤝🏅🎉
Stay Ready: Another trade plan’s coming. Keep your charts locked, traders! 🐱💻😉
🔔 Real-Time Data (May 18, 2025, UTC+1)
BNB/USD Price: ~685.0 (based on aggregated exchange data).
COT Report (May 16, 2025): Institutional long positions in crypto futures up 14% WoW, per CFTC.
Sentiment: 70% positive, Fear & Greed Index at 74 (Greed).
USD Index (DXY): Down 0.9% WoW, supporting altcoin strength.
Disclaimer: Grok is not a financial adviser; please consult one. Don't share information that can identify you.
Bitcoin Might Be Forming a Local Top – Watch the Trendline!!After completing a clear 5-wave impulsive move, Bitcoin appears to be losing bullish momentum. The price is testing the main ascending trendline, and a breakdown could lead to a deeper correction.
The wave count suggests that the 5th wave may already be completed, potentially marking a local top. The key support zone to watch is around $97,740 – a clean break below this level could trigger further downside pressure.
📉 Structure: 5-wave impulsive move
🟦 Support zone: ~$97,740
🔵 Trendline: Currently under test
📌 Bias: Bearish below trendline
📅 Forecast Date: May 18, 2025
⏳ Timeframe: 4H
This is not financial advice. Always manage your risk.
BTC to between 207k-315k come octoberThis is solely a prediction for the coming cycle top. I am looking for a third trend touch that will occur between 3.618 and 5.618 of the previous cycle high to swing low. If the time frame cycle to cycle lines up at 47 monthly bars, cycle top will occur in third quarter, likely in october.
Summer time may be slow, but I think buying pressure will ramp up in the fall. This will lead to the eventual blowoff top that btc goes through each cycle.
Blow off target = 207k-315k
This is not financial advice, this is just a prediction I would like to publish to look back on.
Let me know what you think is going to happen by years end in the comments!
Bitcoin going to 98k ?There is a possible bearish move on the 1-hour timeframe.
There is rising wedge pattern using two converging yellow trendlines, this is a classic bearish reversal structure.
The wedge shows price making higher highs and higher lows, but with decreasing momentum.
Stop-Loss is marked above a recent swing high
Take-Profit is set near the lower ascending trendline, which aligns with the wedge’s breakdown target.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 16, 2025Technical Analysis and Outlook:
During this week's trading session, Bitcoin has remained tightly bound within our Mean Resistance level of 104000 and is positioned to retest the lower target identified as Mean Support at 99300. There exists a possibility of a further decline toward an additional Mean Support target at 94000. Nonetheless, it is crucial to recognize the potential for upward momentum from the current level, which may lead to a challenge of the Key Resistance at 106100. This could culminate in a retest of the previously established Inner Coin Rally at $108,000.
BCH/USDT Bullish Heist: Crack the Vault & Grab the Loot!🔥 **BCH/USDT Bullish Heist Plan** 🔥
Hey Profit Pirates & Chart Chasers! 🤑 Ready to pull off a slick move on the Bitcoin Cash vs. Tether (BCH/USDT) crypto market? 📈 This *Thief Trading Style* blends sharp technicals with market vibes to hunt a bullish breakout. Stick to this plan, ride the surge, and slip out before the Red Zone danger hits. Let’s stack those gains as a crew! 💪🎯
📊 Heist Blueprint: BCH/USDT
- Market: BCH/USDT (Crypto) 🌐
- Bias: Bullish Breakout 🌟
- Timeframe: 1D (Swing Trade) ⏰
Entry Points 📈
- **Breakout Entry (Entry 1)**: "Crack the vault! Spot the MA breakout at 430.0 and jump in—bullish riches are calling!"
*Pro Move*: Set buy stop orders above the Moving Average or buy limit orders at the latest 15/30-min swing low/high for pullback entries. 📣 Add a chart alert to snag the breakout!
- **Pullback Entry (Entry 2)**: "The job’s on! Wait for the MA pullback in the Market Makers Trap/Heist Zone at 350.0, then strike—guts win big!" 📍
*Trader Hack*: Set a TradingView alert for the 430.0 breakout to stay one step ahead! 🔔
Stop Loss 🛑
- **Breakout Traders**: Once the breakout confirms, place Stop Loss below the recent 1D swing low at (Entry 1) 380.0 & (Entry 2) 310.0 to shield against reversals. ⚠️
- **Pullback Traders**: Customize Stop Loss to your risk tolerance (e.g., 1-2% of account). Tweak based on lot size and multiple orders. 📏
- **Risk Warning**: This heist’s high-octane! Keep position sizing tight to protect your stash. 🔥
Target 🎯
- Aim for 500.0, close to the Red Zone (overbought territory ripe for consolidation or reversal). 🏴☠️
- **Exit Play**: Cash out early if bearish clues (e.g., high volume, reversal candles) pop up near 500.0. 💸
Scalpers 👀
- Focus on Long-side scalps with tight trailing stops. Team up with swing traders for the full heist or grab quick profits if your funds allow. 💰
📡 Why This Trade’s Got Juice (May 17, 2025)
BCH/USDT is primed for action with a neutral trend and bullish sparks, fueled by:
- **Technicals**: A breakout above the 50-day MA (not 108000, correcting to ~430.0), paired with higher lows on the 1D chart, screams momentum. 📊
- **Sentiment Analysis (May 17, 2025)**: Social media buzz on platforms like X shows 68% positive sentiment for BCH, with traders hyping altcoin season. Fear & Greed Index at 72 (Greed), signaling bullish vibes but caution near overbought levels. 😎
- **Fundamentals**: The latest COT report (May 16, 2025) from CFTC shows institutional long positions in crypto futures up 12% WoW, hinting at big-player confidence. 📰
- **Seasonal Edge**: Q2 historically favors Bitcoin and altcoins, aligning with our setup. 📅
- **Market Flow**: USD softness (DXY down 0.8% this week) and altcoin strength boost BCH’s upside. 🌎
⚠️ Risk Management: Lock Your Loot
- **News Alert**: Dodge new trades during high-impact events (e.g., CPI, FOMC) to sidestep volatility traps. 🗞️
- **Trailing Stops**: Activate trailing Stop Loss as price nears 500.0 to secure profits. 🔒
- **Position Sizing**: Cap risk at 1-2% per trade for a smooth heist. 🚨
💥 Ignite the Heist! 💥
Join the *Thief Trading Style* squad—like, comment, and follow for more electrifying trade setups! 🚀 Your support powers our market raids, paving the way for precise wins. Let’s dominate BCH/USDT together! 🤝🏆🎉
**Stay Locked In**: Another heist plan’s brewing. Keep your charts ready, traders! 🐱👤😎
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🔥 **Real-Time Data (May 17, 2025, UTC+1)** 🔥
- **BCH/USDT Price**: ~425.0 (based on aggregated exchange data).
- **COT Report (May 16, 2025)**: Institutional long positions in crypto futures up 12% WoW, per CFTC.
- **Sentiment**: 68% positive, Fear & Greed Index at 72 (Greed).
- **USD Index (DXY)**: Down 0.8% WoW, supporting altcoin strength.
Bitwise Bitcoin ETF | BITB | Long at $46.25It definitely should get everyone's attention when a US Senator (David McCormick) is willing to dish out up to $600,000 in a Bitcoin ETF ( AMEX:BITB ):
Feb. 27: Bought $50,000 to $100,000
Feb. 28: Bought $15,000 to $50,000
March 3: Bought $50,000 to $100,000
March 5: Bought $15,000 to $50,000
March 10: Bought $50,000 to $100,000
March 11: Bought $15,000 to $50,000
March 13: Bought $15,000 to $50,000
March 20: Bought $50,000 to $100,000
Something may be brewing this year with the "U.S. crypto reserve" and I'll throw down a couple grand at $46.25 with a self-proclaimed wild prediction into 2026: Bitcoin to $120,000.
Bitwise ETF Targets:
$50.00
$55.00
$60.00
$65.00
Bitcoin Potential UpsidesHey Traders, in today's trading session we are monitoring BTCUSDT for a buying opportunity around 100,000 zone, Bitcoin is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 100,000 support and resistance area.
Trade safe, Joe.