BTC/USD Daily Buy the 100 SMA BTC is about to meet a major rising trend line that is converging with the 100 sma on the daily chart. This is where I am expecting the price to reverse. I think the current price is a discount that wont last much longer. Once we meet the trend line and the 100 sma, there might be more fireworks. Keep an eye on this.
Not financial advice, do your own dd.
Thanks for viewing the idea.
Bitcoinprice
Bitcoin’s Battle Below $100K Hints at New ATHBitcoin (BTC) is struggling to hold above $100K, but on-chain metrics suggest that a new all-time high (ATH) could be imminent. After last weekend’s drop to $91K, BTC is now trading at $97,943, down 0.24% in the last 24 hours.
Key On-Chain Trends Signaling a Breakout:
📉 Bitcoin Exchange Reserves Are Declining – BTC is flowing out of exchanges, reducing available supply and limiting sell pressure.
🐋 Whale Accumulation Spikes – Since Feb 3, large transaction volume jumped from $40.8B to $67.3B, showing renewed interest from big investors.
📊 Netflow Hits Yearly Low – BTC outflows exceed inflows, meaning more coins are being moved to private wallets, reducing selling pressure.
💰 ETF Inflows Surge – $2.5B poured into Bitcoin ETFs over the past two weeks, further driving demand.
Will Bitcoin Finally Break $100K?
🔼 If BTC breaks past $100K, buyers could push the price to $105K–$109K.
🔽 If BTC stays below EMA20, sellers may target $95K before the next rebound.
With RSI at 39, Bitcoin is vaguely positioned for a potential price increase. The next few days will be critical—will BTC smash through $100K, or will bears hold the line?
Are you prepared for this possibility?Imagine that we actually keep on ranging, don't have an alt szn till a few years from now and we all get desperat.
Something i personally hope it won't happen as many aren't prepared for this type of situation but definitively something to keep in mind.
Is a pro crypto president really the good thing for crypto? I start to doubt it.
BTCUSDT Trade LogBTCUSDT – Bullish Rebound Setup
Market Context: BTC is currently trading near a 4H Fair Value Gap, with multiple wicks indicating buyers are stepping in. The 4H Kijun and the FVG overlap provide a strong confluence area for a potential bounce. Despite recent bearish pressure, a range-bound environment suggests a bullish bias could play out if price holds above this support region.
Trade Idea (Long):
– Entry: Look to buy on a retest of the 4H FVG or once the 4H Kijun confirms support.
– Stop: Place just below the recent wicks or the lower boundary of the FVG.
– Risk: 1% of account (or per your risk plan).
– Target: Aim for a minimum of 1:2 RRR, targeting the next key structure high or daily supply zone.
Risk Management: If price decisively breaks below the FVG and invalidates the Kijun support, exit the trade and wait for another setup. Remain watchful of macro news as it can spark sudden volatility.
The Drop Isn’t Over Yet –But the Next Big Short Could Be Massive"No one will come up with short ideas when we are in this type of move. Be careful. People often get the things wrong."
“Listen, I know everybody wants to call the bottom – but let’s be real, I don’t think the drop is done yet. The market is showing clear signs, and we trade with precision, not emotion!”
Here’s What I’m Watching:
101,300$ – 103,000$ Short Zone: These levels could be perfect for shorts, but confirmation is key. No guessing, no blind entries – only smart trading.
Perfect Entry Setup: The chart isn’t fully matured yet, but let me tell you – once CDV, lower time frame breakouts, and volume profile align, these zones could become goldmines for shorting opportunities.
Disciplined Execution: We don’t rush. We wait for the right moment, with full confirmation, and then we strike. That’s how you trade like a pro!
Key Takeaways:
“Patience and precision – that’s the game. CDV, volume profile, and liquidity heatmap will tell the real story. We don’t trade what we hope – we trade what we see!”
BTC is setting up for something big. Watch these levels, stay sharp, and when the moment comes – we dominate! 🚀🔥
Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves.
Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions.
Here are some of my recent analyses. Each one highlights key opportunities:
🚀 RENDERUSDT: Strategic Support Zones at the Blue Boxes +%45 Reaction
🎯 PUNDIXUSDT: Huge Opportunity | 250% Volume Spike - %60 Reaction Sniper Entry
🌐 CryptoMarkets TOTAL2: Support Zone
🚀 GMTUSDT: %35 FAST REJECTION FROM THE RED BOX
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🎯 DEXEUSDT %180 Reaction with %9 Stop
🐶 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
This list? It’s just a small piece of what I’ve been working on. There’s so much more. Go check my profile, see the results for yourself. My goal is simple: provide value and help you win. If you’ve got questions, I’ve got answers. Let’s get to work!
Bitcoin Price Projection: $94,700- Both daily and hourly charts indicate a possible downtrend.
- A 1 HR FVG sits between 98,754 and 98,916, which could act as resistance.
- Multiple bearish FVGs sit above the HR FVG, so I see a good amount of resistance in the near term.
- A big liquidity zone is under the last Lowest Low (96,256.75), which has yet to be swept.
- If 96,256.75 finds no support, we could be headed as low as 94,709.43. At that price point, a huge liquidity zone is filled and a small 1hr FVG is hit.
BITCOIN - preparing for something great!on 12H chart btc showing a consolidation of bullish pennant pattern.. Breaking it will provide a massive push to break the larger megaphone pattern.
The chart also shows a hidden bullish divergence on the RSI indicator.
Bitcoin is now on its way to retest its previous high at $109K, and if it successfully breaks through, the price is expected to surpass $125K.
Best regards Ceciliones
Wen Sell BTC ? | Bitcoin Price Action Scenarios for 2025Alexa play the Mingle Game Song “Round and Round”
you may watch Squid Game2 and enjoy it but 2025 is exactly the same for crypto market!
at some point whales will stop the song and the butchery begins
so while you enjoying Moons day you must get ready for Dooms day
2024 was a pivotal year for crypto, setting the stage for what many are calling the "Golden Age of Crypto." While this new era may be upon us, we anticipate that crypto prices will likely peak within the next 12 months, following an exciting rally. However, after reaching this peak, another significant price decline seems inevitable though likely less severe than previous cycles, especially for major cryptocurrencies.
If you're unfamiliar with crypto's history, it tends to move in 4year cycles:
3 years of bullish momentum followed by 1 year of a bearish downturn.
This pattern has been remarkably consistent so far.
The chart you see illustrates this trend, with green lines marking Bitcoin's cycle peaks and red lines indicating the lows. Interestingly, the duration between peaks and troughs has been almost identical across the last three cycles. The time between consecutive peaks is also fairly consistent, though we only have two complete cycles of data to analyze.
Based on historical averages, we could expect a peak around October 2025 and a bottom around November 2026. Will it play out exactly like this? Probably not! maybe YES!! markets rarely align so neatly. Plus, these cycles won't last forever; this could very well be the final one.
Still, I believe the crypto market will likely top out sometime in 2025 or early 2026, regardless of the bullish catalysts (Trump, crypto ETFs, strategic Bitcoin reserves)
In this idea, we gonna talk about :
- Potential scenarios for how this cycle might unfold in 2025
- Expected pullbacks during the year
- Sell strategy for this cycle
The key takeaway is to stay flexible and not fixate on any specific prediction. Understand the possibilities and prepare for unexpected pullbacks or market tops. Knowledge is power, and this idea aims to empower you in what could be one of the most critical years ever for crypto investors.
Short Term Expectations & Probabilities
Q1 2025: “Death & Taxes”
there is a chance for market pullback in early January
This outlook is partly based on global liquidity trends and partly on historical performance. For instance, in the 2016-17 bull market, following Trump’s November 2016 victory, Bitcoin saw a December rally before experiencing a steep 38% correction starting January 4th.
Let’s Revisit the Last Cycle: Bitcoin Price Action in 2020-21
look at how Bitcoin performed during the 2020-21 bull market.
In this cycle, Biden won the election, and crypto markets surged through November and December. However, a significant pullback of 32% began on January 7th—eerily similar to the pattern from the previous cycle.
The Role of Seasonality in Markets
Markets, at their core, are driven by human behavior. Even with bots and AI handling many trades, these systems operate under human instruction and decision-making.
Seasonality often influences market trends, particularly at the start of the year, when pullbacks are common. One key reason? Profit taking for tax efficiency.
January Pullbacks
In both the 2016 and 2020 cycles, crypto investors had a great year, making January an ideal time to lock in profits. Why not sell in December instead?
Selling on December 31st means paying taxes on capital gains by March of the following year in the US By waiting until January 1st, investors effectively defer their tax payments to the next year, giving them an additional 12 months to reinvest their gains before taxes are due.
In the crypto space dominated by individual investors with significant gains this tax strategy often amplifies January pullbacks.
March Pullbacks
Historical data also shows noticeable pullbacks in March:
- March 8, 2017
- March 14, 2021
Why? This is when many investors sell to pay their tax bills in the U.S. Some may have sold earlier (e.g., in January) and are now liquidating assets to pay their "loan" from the government. Others may simply need to cash out to meet tax obligations.
Even if not all investors are selling for taxes, the narrative surrounding tax-driven March pullbacks tends to perpetuate itself, effectively "meming" these declines into reality.
While pullbacks can occur at any time, history suggests that January and March are more likely to see declines for these reasons.
May Pullbacks: “Sell in May and Go Away”
Looking at broader market trends, it’s worth noting that U.S. stock indexes have historically performed better between November and April compared to May through October. This pattern has held true since the 1970s and often applies to crypto as well.
Bitcoin’s Seasonal Struggles: Summer Slump
When examining Bitcoin’s average monthly performance since 2010, its four worst-performing months are consistently June, July, August, and September. For a clearer picture, take a look at Bitcoin’s price chart from 2020 to today. Ouch!
This aligns with the old investment adage: Sell in May and go away. Judging by Bitcoin’s historical performance, it’s hard to argue with the results.
Why Does This Happen?
The theory behind this trend may sound a bit absurd, but it’s worth exploring.
After May, summer rolls around, and the ultra-wealthy—the bankers, fund managers, and other key players managing the world’s capital tend to take vacations.
In the U.S., they head to the Hamptons. In the U.K., it’s Spain, Italy, or Greece. With these power players lounging on their beachfront properties, away from their desks and screens, market activity slows down.
Fewer trades mean reduced liquidity, effectively putting the markets on pause. It’s as if the financial elite collectively agree to press “pause” in May and resume the game in October.
Even in Bullish Markets!
This seasonal trend can impact markets even during strong bull runs. For example, in 2017, Bitcoin soared from under $1,000 in January to $20,000 by December. However, a pullback started on May 25th.
Although prices rallied briefly in August, by mid-September Bitcoin had returned to its May peak price. It wasn’t until October that things went parabolic, leading to an explosive 10x move by year’s end. This historical pattern emphasizes the importance of staying cautious during the summer months. While markets may see some rallies, the overall trend has been consistently weak during this period.
The 2021 Cycle: Front Running the Summer Slump
A similar pattern played out in 2021, though it appeared that some investors tried to front-run the summer dip. Bitcoin’s price began declining on April 17, earlier than usual. After a brief rally, mid-May saw a dramatic 50% drop. While prices recovered somewhat over the summer, the real momentum didn’t kick in until October. Again, this doesn’t guarantee how the first half of 2025 will unfold, but it’s worth considering these historical trends as possibilities.
H2 2025: “History Doesn’t Repeat, But It Often Rhymes
When looking at the second half of the year, historical patterns don’t offer as much detail except for one key insight: Q4 tends to be a standout quarter for crypto during the “number go up” years of the cycle.
The phrase “sell in May and go away” could easily extend to “until October” for crypto investors, as this strategy has historically performed well. In past cycles, the final quarter of the 4-year cycle (which 2025 would be if the pattern holds) has often marked the peak. This is typically followed by a sharp downturn:
- 2013: Top in November
- 2017: Top in December
- 2021: Top in November
If history is any guide, 2025 could follow a similar trajectory, with Q4 delivering explosive price action potentially leading to a cycle top and a subsequent correction.
Expert Predictions for Bitcoin in 2025
The founder of Pantera, whose Bitcoin fund boasts a staggering 130,000% return, forecasts that August 2025 will mark the peak of this cycle. He aligns with the broader sentiment that 2025 will be a bull market, followed by a downturn in 2026. He also believes it’s entirely plausible for Bitcoin’s price to increase tenfold over the next 5–10 years
Meanwhile, James Butterfill, head of research at CoinShares, predicts Bitcoin’s price will range between $80,000 and $150,000 in 2025. He notes that the lower end of the range may reflect market corrections if Trump fails to deliver on pro crypto policies, while the upper target could be supported by a favorable U.S. regulatory environment
Looking beyond 2025, Butterfill envisions Bitcoin’s market value rising from its current 10% of the gold market to 25%, potentially driving the price to $250,000. However, he cautions that reaching this milestone within 2025 may prove super challenging.
If you dig up my old BTC charts, you’ll see I was screaming bullish while everyone else was crying in the corner at $ 16k. But now? BTC doesn’t even phase me anymore.
2025 is Altcoin time! It’s gem szn, and I’m here for the treasure hunt
BTC Moon Cycle chartI know I didn't post for a while, was busy with the TTR 2.0 build (its almost ready to launch) and my X updates
Here is the CRYPTOCAP:BTC Moon cycle chart.
Support is in mid 95k, then we should go up into the new moon or Feb 27-28th
Im very bullish into the new Moon cycle (after the full moon low) and I will be out from any longs by Mar 10th!!!
Mar 10-14th, mark it down, we are going down hard!!!
Im expecting a strong correction down to below 65k (my ideal target is 55 or 50k) by Apr-My low and a reversal back to new ATH my Sep 7th (all charts were posted on my X already)
The bear trap of TardFiMicroStrategy (MSTR): Locked & Loaded for a Breakout
Trump just put David Sacks in charge of crypto policy—a massive win for the industry. This signals clear regulations, institutional confidence, and a green light for Bitcoin adoption. The crypto space is buzzing, with major players vying for a seat at the table.
The recent trade war FUD triggered a classic bear trap, shaking out weak hands before the real move. Bitcoin briefly dipped but held strong, showing resilience. MSTR is tightening into a textbook bullish wedge—coiling up for what looks like an explosive breakout.
With macro winds shifting in crypto’s favor, MSTR is primed to rip higher. The question isn’t if—it’s when.
NASDAQ:MSTR BITSTAMP:BTCUSD
Bitcoin Price Surges Despite US-China Trade TensionsBitcoin, the world's largest cryptocurrency, has seen a surge in price in recent weeks, despite ongoing trade tensions between the US and China. Bitcoin's price has risen by over 20% in the last few months, and some analysts believe that it could reach a new all-time high in the near future.
There are a number of factors that are driving Bitcoin's price growth. One factor is the increasing adoption of Bitcoin by institutional investors. In recent months, a number of major companies, such as Tesla and MicroStrategy, have announced that they have purchased Bitcoin as part of their treasury reserves.2 This has helped to legitimize Bitcoin as an investment asset and has attracted more institutional investors to the market.
Another factor that is driving Bitcoin's price growth is the increasing use of Bitcoin as a means of payment. In recent months, a number of major companies, such as PayPal and Visa, have announced that they will allow their customers to use Bitcoin to make payments.3 This has made it easier for people to use Bitcoin in their everyday lives and has helped to increase demand for the cryptocurrency.
Despite the ongoing trade tensions between the US and China, Bitcoin has continued to perform well. This suggests that Bitcoin is becoming increasingly decoupled from traditional financial markets. This is likely due to the fact that Bitcoin is a decentralized currency that is not controlled by any central bank or government. As a result, Bitcoin is not as susceptible to the same economic and political risks as traditional currencies.
However, it is important to note that the price of Bitcoin is still volatile and can fluctuate significantly in a short period of time. As a result, investors should be aware of the risks involved in investing in Bitcoin.
Other factors driving Bitcoin's price
In addition to the factors mentioned above, there are a number of other factors that are driving Bitcoin's price growth. These factors include:
• The increasing scarcity of Bitcoin. There will only ever be 21 million Bitcoins in existence. This scarcity is one of the reasons why Bitcoin is seen as a store of value.
• The increasing adoption of Bitcoin by developing countries. In many developing countries, Bitcoin is seen as a more stable and reliable currency than the local currency. This is driving demand for Bitcoin in these countries.
•
Overall, there are a number of factors that are driving Bitcoin's price growth. These factors suggest that Bitcoin could continue to perform well in the future. However, investors should be aware of the risks involved in investing in Bitcoin.
When Will See the Bitcoin (BTC/USD) Range Break?Chart Analysis:
Bitcoin remains trapped in a broad consolidation range between $91,000 support and $109,000 resistance as price action struggles for direction.
1️⃣ Range-Bound Price Action:
Bitcoin continues to respect the $91,000 - $109,000 range, with multiple failed breakout attempts.
Recent price action suggests indecision, with neither bulls nor bears taking control.
2️⃣ Key Support & Resistance Levels:
Support: $91,000, a critical zone where buyers have stepped in repeatedly.
Resistance: $109,000, where sellers continue to cap upside moves.
3️⃣ Moving Averages Provide Mixed Signals:
50-day SMA (blue): $99,025, acting as a dynamic pivot point.
200-day SMA (red): $78,230, showing a long-term bullish structure.
4️⃣ Momentum Indicators Reflect Neutral Bias:
RSI: 48.67, showing lack of momentum in either direction.
MACD: Weakening, reflecting the ongoing range-bound environment.
What to Watch:
A break above $109,000 could trigger a bullish continuation towards new highs.
A break below $91,000 would put $78,000 as the next key support level.
Until a breakout occurs, range-trading strategies remain in play, with traders watching for reversals at support and resistance.
Bitcoin remains directionless within its range, with traders waiting for a decisive breakout to determine the next major move.
-MW
BTC next moves for 2025? Will 2021 repeat itself? Let's see :) History repeats itself, but will 2021 cycle repeat itself?
If we break 90K next level around 70, but there are many longs down the line, liquidation and long squeez is likely leading us to 60 if not 50 ranges, a wick is expected then a retest to 90K levels to get rejection before final breakout to the all time trend prices likely around 115-120K.
The herd will get excited by then, expecting a price to go above 120K, but I don't see this happening. And small dream secret, Nakamoto to be revealed later this year leading to significant crypto crash.
I know many may laugh, but let's see how this go! It makes sense from technical POV (hahaha, except my dream which likely to happen - since I don't dream too often) - keep an eye on RSI to get back in 40s before refill.
This idea is valid only and only if BTC breaks 90K and closes both daily and weekly below it with some a high volume!
Desclaimer:
The ideas and strategies presented here are for educational and informational purposes only. They do not constitute financial, investment, or trading advice. Trading involves substantial risk and may not be suitable for all investors. You should consult with a professional financial advisor before making any investment decisions. The creator of this post is not liable for any losses or damages resulting from the use of this information.
Called move after move for Bitcoin, what happens next?
If you been lucky enough to work out my analysis and pull the trigger on the trade setups that played out over and over again, I commend you for your knowledge of how to read an analysis and then use it to make an informed decision.
If you caught the last analysis I mentioned about a bear trap spike below the blue line and as you can see it played out. You can see I have removed the green trendline on left chart as it is now done with and the green trendline on the right hand side chart is basically invalidated now.
We see on the left chart the orange trendline is respected with the candle closing above it. The white major trendline also held as major support. You can see the other trendlines still being used, especially on 4 hour timeframe.
So, what now?
We need to watch for the right hand side RSI to breakdown under the red trendline for BTC to get to 108k.
On the left chart the RSI needs to break back above trendline. In regards to the price action, we can see a massive buy up in the crash candle that was just made. Price could move up to 108k from here now there are trapped short traders below. This would put the right USDT.D chart at the blue trendline and as per previous analysis we know what happens if that then breaks below this line.
On the bearish side, if price loses the light green vwap line then expect another retest of the white trendline.
Smash the like button and good luck!
Called move after move for Bitcoin, what happens next?If you been lucky enough to work out my analysis and pull the trigger on the trade setups that played out over and over again, I commend you for your knowledge of how to read an analysis and then use it to make an informed decision.
If you caught the last analysis I mentioned about a bear trap spike below the blue line and as you can see it played out. You can see I have removed the green trendline on left chart as it is now done with and the green trendline on the right hand side chart is basically invalidated now.
We see on the left chart the orange trendline is respected with the candle closing above it. The white major trendline also held as major support. You can see the other trendlines still being used, especially on 4 hour timeframe.
So, what now?
We need to watch for the right hand side RSI to breakdown under the red trendline for BTC to get to 108k.
On the left chart the RSI needs to break back above trendline. In regards to the price action, we can see a massive buy up in the crash candle that was just made. Price could move up to 108k from here now there are trapped short traders below. This would put the right USDT.D chart at the blue trendline and as per previous analysis we know what happens if that then breaks below this line.
On the bearish side, if price loses the light green vwap line then expect another retest of the white trendline.
Smash the like button and good luck!
The moment of truth for ALT SEASONBitcoin Dominance is nearing a very crucial level here at 63-64% and honestly i hope we see a rejection here and the decent starts as that could be the kickoff for alt szn.
As long as BTC.D is seeing upside momentum we'll see alts continuing to bleed which will create an EXTREME amount of fear within the bull market but perhaps thats exactly what we need before actually exploding to the upside?
I'm bidding heavily here as i think that many alts are heavily oversold and a reversal/alt szn is right in front of us but a lot will depend on the behavior of Bitcoin Dominance.
Bearish in BTC.D below 58% which imo could cause a lot more downside momentum aka an alt szn but for now the most crucial thing remains to reject 63-64% aka the golden ratio zone on higher timeframes.
Stay safe.
Nothing is financial advice.
Analysis Report for Bitcoin (BTC)1. Recent Price Action
Current Price: $97,123
Recent High: $102,014
Recent Low: $90,000
Price Movement: Bitcoin has experienced significant volatility, recently dropping below $100,000, which has raised concerns among traders. The price has fluctuated between $90,000 and $102,000, indicating a potential consolidation phase.
2. Key Technical Indicators
Moving Averages:50-day MA: $98,500 (currently acting as resistance)
200-day MA: $85,000 (providing long-term support)
Relative Strength Index (RSI): Currently at 52, indicating a neutral stance but leaning slightly bullish.
MACD: The MACD line is approaching the signal line, suggesting a potential bullish crossover if the price holds above $97,000.
3. Volume Analysis
Average Volume: Approximately 10 million BTC traded daily.
Recent Volume: A notable increase in volume was observed during the recent price drop, indicating strong selling pressure.
Volume Patterns: The correlation between price and volume suggests that the recent drop was supported by high selling volume, which may indicate a bearish sentiment.
4. Support and Resistance Levels
Support Levels:Primary Support: $93,000 (recent low)
Secondary Support: $90,000 (psychological level)
Resistance Levels:Primary Resistance: $102,000 (recent high)
Secondary Resistance: $106,000 (key overhead area)
5. Breakout/Breakdown Points
Breakout Point: A close above $102,000 with strong volume could signal a bullish breakout, targeting $106,000 and potentially $110,000.
Breakdown Point: A close below $93,000 could indicate a bearish breakdown, targeting $90,000 and potentially $87,000.
6. Anomalies and Divergences
Divergence: There is a bearish divergence noted between price and RSI, as the price has made lower highs while RSI has not confirmed this trend, suggesting potential weakness in the current uptrend.
7. Risk and Reward Scenarios
Long Position:
Entry Point: $102,500 (breakout confirmation)
Stop-Loss: $100,000 (below recent support)
Target Price: $106,000 (first target)
Risk/Reward Ratio: 1:2 (risking $2,500 to gain $3,500)
Short Position:
Entry Point: $92,500 (breakdown confirmation)
Stop-Loss: $94,500 (above recent resistance)
Target Price: $90,000 (first target)
Risk/Reward Ratio: 1:2 (risking $2,000 to gain $2,500)
Bitcoin is currently in a critical phase, with potential for both bullish and bearish movements. Traders should closely monitor the key support and resistance levels, as well as volume trends, to make informed decisions. The analysis indicates that a breakout above $102,000 could lead to further gains, while a breakdown below $93,000 could signal a deeper correction. Always adhere to risk management principles and adjust stop-loss levels as necessary to protect capital.
Bitcoin’s price has finally started movingHello, dear friends!🩷
I’m so glad to see You here! After a week of stagnation, Bitcoin’s price has finally started moving—it’s heading downwards, continuing to form an inverted triangle, or as some might call it, an inverted wedge!
I believe that in the near future—perhaps a day or two—we might see Bitcoin at $90,000. Whether the price will continue to drop after that is still unclear, so we’ll keep a close eye on how it develops.
How are You doing? Where do You think Bitcoin is headed in the near term? Do You agree with my analysis, or do You have a different opinion? Share Your thoughts in the comments—I’d love to hear them!
Thanks for Your attention🫶
Sincerely Yours, Kateryna 💛
Bitcoin: Potential Bearish Breakdown with Key Support Zoneshello guys!
The chart suggests a Head and Shoulders pattern, indicating a possible bullish (in a higher time frame) continuation. Here are the key points:
Head and Neckline Structure
A well-defined head formation at the top, with a sloping trendline indicating weakness.
The neckline is around 97,657, which is a key support level.
QML2 & Price Rejection
The price could test the QML2 area, confirming bearish sentiment.
The descending trendline further reinforces selling pressure.
Expected Price Action
A short-term pullback might occur near 97,657, but a break below this level could trigger further downside.
The next major support is the QML1 zone at 93,455, where buyers may step in.
If selling pressure continues, the price could drop further into the 91,829 - 91,468 demand area.
Potential Reversal Scenario
If Bitcoin finds support at the lower QML1 or demand area, a strong bullish recovery toward 103,000+ could follow.
Overall, this setup suggests a short-term bearish continuation, but traders should monitor price action near key support zones for a potential bullish reversal.