Bitcoin in Ascending Wedge?Looks like a rising wedge guys - I'm not a charting TA expert but would love to here your thoughts. Many bears keep posting a drop to $70K level.. I guess that drop is written in some prophecy somewhere, and they believe (or hope) it MUST happen, before we go for new ATH. Maybe so... however can anyone explain WHY that must play out like that? A couple of weeks back i was in that camp but after I see the slow and steady Bitcoin recovery, I have changed my mind.
Bitcon
2 Paths for Bitcoin in this 60-Day CycleThere are two possible scenarios for the rest of this cycle:
1️⃣ Bearish Scenario (Most Likely)
Bitcoin hit a cycle low at $78,000 on February 28th.
It initially showed strength but quickly reversed, forming a failed cycle.
This suggests a lower low is likely before the cycle ends.
If holding BTC, the best strategy is to sell at the next 3-day Cycle high (message me if you don’t have access to the Cycle indicators), expected next week.
2️⃣ Bullish Alternative
If the recent drop was caused by macro factors rather than natural cycle movement, we could still see a higher high before the cycle ends.
The 1-week Cycle (red line) is forming a bottoming pattern, which could indicate upside potential toward $90,000+.
How I’m Approaching This Cycle
I purchased BTC below the current price and plan to hold through this cycle. My reasoning:
We are currently at the bottom of the mid-term trend, and I expect a strong rally in the near future.
As mentioned in my previous newsletter, it’s crucial to combine the 60-day cycle with other timeframes:
2-week, 1-week, 3-day, and 1-day cycles all provide additional confirmation.
BTCUSD - A fresh look on the current supportIf you understand the mechanics of the Medianlines aka Pitchfork, then you understand the projected movement of the markets.
Whatever you measure with them, the same principal applies.
In the prior analysis, the framework of the Medianlines pointed us in the right direction.
Now it's time to reassess this product.
The 0 to 5 Count:
It's often a good indication when the last sprint happens. After P5, the count starts again from 0, up to 5 again. Here we see that the P5 was reached and we get the bounce, down to the Center-Line aka Medianline, where it finds support.
Could it move upward again? Absolutely, even if it where just for a pullback and the a further continuation to the downside. In fact, I even expect it to bounce up to the red resistance zone.
This would mark P2 before a harder drop down to P3, cracking the Centerline.
Most often after the Centerline is breached, we see a test/retest to it. (P3-P4), an exhaustion of the buyers and then the final hit on the head with a target at P5. In between P4 and P5, there's also the 1/4 line, where we often see a sudo-support. But it's not often that price starts to turn again and negating P5. It's mostly just a try, before the last drop to P5.
So there you have my coffee-ground reading.
Always remember, that even with such an accurate TA-Framework, we only shall trade what we see.
Many thanks to the loyal followers and all likes and sharing. I always love your feedback and constructive criticism. §8-)
Hellena | BITCOIN (4H): LONG to resistance level of 90,000.Colleagues, after drawing the waves I realized that bitcoin is in a major wave “IV” correction and I believe that this correction is either over or about to be over.
Either way I believe that long positions should be prioritized.
I expect that the price will either immediately start an upward movement and reach the psychological resistance level of 90,000, or will update the low in the area of 75,866 a little more and then start moving towards the target.
In the second case, I advise using pending limit orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Bitcoin's Natural Correction and the $141K Target Based on Fibonhello dear trader and investors
The cryptocurrency market is always accompanied by strong fluctuations and natural corrections. Bitcoin, as the market leader, requires corrections and liquidity accumulation after each significant rally to pave the way for higher price targets. In this article, we analyze Fibonacci structures and harmonic patterns to demonstrate that Bitcoin's next target could be $141K.
1. Bitcoin Corrections: A Natural Part of an Uptrend
Price corrections in bullish trends are a normal phenomenon that helps shake out weak hands and allows major players to accumulate liquidity. Historically, Bitcoin has experienced 20-30% corrections before resuming its upward trajectory. The current correction is no different and may serve as a base for the next strong move toward higher targets.
2. The $141K Target Based on Fibonacci
Fibonacci levels are among the most reliable tools for predicting price targets. Assuming Bitcoin's recent high was around FWB:73K and the ongoing pullback is a healthy retracement, we can use harmonic AB=CD pattern to project potential upside targets. Based on these levels, Bitcoin could reach $141K in the next bullish phase.
Confirmation Through Harmonic Patterns
Harmonic patterns like Butterfly and Gartley suggest that the current correction is forming a potential reversal structure. If this correction completes within the PRZ (Potential Reversal Zone), Bitcoin could see a strong continuation of its uptrend. The Fibonacci ratios in these harmonic structures indicate that the final price target for this bullish wave could be around $141K.
Volume and Liquidity: Key Drivers for the Rally
Bitcoin needs increased volume and liquidity inflows to reach higher levels. On-chain data shows that trading volumes are rising and large investors (whales) are accumulating rather than selling. This behavior typically precedes a strong bullish move.
Bitcoin's current correction is entirely natural, and technical structures suggest that it could be laying the foundation for a new bullish wave. Based on Fibonacci and harmonic pattern analysis, Bitcoin's next major target is around $141K. Traders and investors should consider these levels in their analysis and avoid emotional decisions during market corrections
good luck
mehdi
Why did stocks and crypto crash, and when will they rebound?At the beginning of March 2025, markets experienced a significant decline due to several key factors. One of the main reasons was increased economic uncertainty following the introduction of new U.S. trade tariffs against China, Mexico, and Canada. As a result of the trade wars initiated by Trump, the world’s wealthiest individuals lost over $40 billion since the beginning of the year. From March 7 to March 10, 2025, shares of leading tech companies and the Nasdaq 100 index (#NQ100) suffered a sharp drop: Tesla’s stock (#Tesla) plunged by 15%, Apple’s shares (#Apple) declined by 4.9%, Nvidia’s stock (#NVIDIA) fell by 5.1%, and the #NQ100 index dropped by 4%.
In the digital asset market, the downturn accelerated after investors failed to see the expected government support for cryptocurrencies. Initial regulatory announcements, which initially sparked optimism, turned out to be vague, leading to disappointment and profit-taking. Finally, fears of a potential recession, fueled by statements from the U.S. president, further eroded investor confidence in both the stock and crypto markets. Collectively, these factors led to a broad market decline and heightened volatility. As a result, Bitcoin dropped nearly 15% between March 7 and March 10, 2025, reaching $77,500.
Despite the current challenges, several factors could contribute to market recovery and growth in 2025:
Advancements in technology and artificial intelligence: Companies specializing in AI and high-tech development continue to attract investments. Giants like Microsoft (#Microsoft) and Google (#Google) are expected to strengthen their positions by expanding AI applications in business and daily life.
Growth in the healthcare and biotechnology sectors: Pharmaceutical and biotech companies remain resilient to economic downturns due to sustained demand for healthcare and innovative treatments. Companies researching cancer and autoimmune disease treatments are expected to draw increasing investor attention.
Transition to green energy: Renewable energy companies are showing steady growth. Tesla (#Tesla) remains a key player, and 2025 is expected to see further expansion in solar, wind energy, and battery technology companies.
Macroeconomic policy stabilization: The U.S. Federal Reserve is expected to adopt a more predictable monetary policy, potentially reducing market volatility and boosting investor confidence. In 2024, the Fed aggressively raised interest rates to combat inflation, which pressured stock markets and limited access to cheap money. However, by 2025, inflation has begun to slow, which could lead to a more accommodative monetary policy and possible rate cuts.
Institutional investments in cryptocurrencies: A crucial factor is the integration of blockchain technology into the financial sector. Companies like Visa (#Visa) and Mastercard (#Mastercard) are expanding their support for crypto payments, while PayPal (#PayPal) is actively incorporating stablecoins into its ecosystem. This trend is driving broader adoption of digital assets and their practical use in the real economy.
Despite the current challenges, there are significant chances for recovery and growth in both stock and cryptocurrency markets. Analysts at FreshForex predict a market rebound in the second and third quarters of 2025 — don’t miss out!
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BTC shortFollowing this pullback, my prediction suggests a further decline with a target at $70,000, marking the first Fibonacci extension level in this sequence. This $70,000 target is particularly significant as it closely aligns with Bitcoin’s previous all-time high of around $69,000, reached in November 2021.
Russel 2000 Compared to General MarketTVC:RUT has continued to sell off since my last couple posts and I believe we could see a huge market correction this year if price doesn't look to stop selling.
The next play on RUT I would like to see price pullback to the last breakout zone ($2,200) to confirm a continuation in trend
This play also looks very familiar to the 2022 selloff with equal highs to our current price structure. Seeing that AMEX:SPY is at a higher high tells me there is market-wide divergence and a topping pattern could be in play.
Now when we add CRYPTOCAP:BTC and $OTHER to the mix we can see bitcoin actually tops out first while Alts and SPX look to make one more leg up before crashing out.
The Trend Reader at the lower tab has topped out and has a bearish crossing in the overbought zone indicating we can see a long term play to the downside.
Alright let's do this $BTCT!Exciting news for crypto enthusiasts! A new state strategic reserve for digital assets that features five top cryptocurrencies, with Bitcoin and Ether front and center. Bitcoin, the undisputed heavyweight of the crypto world, saw an impressive 8% surge to about $90,800 following the announcement NASDAQ:BTCT
BTCUSDT, Bearish Scenarios for upcoming days ...Hello Traders, Hope you're great.
for Upcoming days, I anticipate 2 Bearish scenarios :
In First Scenario, I expect price does an upward correction to the nearest broken support level that became to an important supply zone around 91-93K and after that starts to drop.
in Second scenario, I expect price does a further upward correction and goes to the supply zone around 95-97K and after that start a major downward movement.
Targets are 85K, 82K and my final target is 77K.
Don't forget to use proper risk management.
And finally tell me what do you think about BTCUSDT, UP or DOWN ? comment your opinion below this post.
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin sharply dropped to the identified support level and the bottom of the drawn channel after breaking the $94,000 support zone.
In this area, we expect a bounce toward the next resistance level an the top of the channel.
After reaching this resistance, price action should be closely monitored to determine whether Bitcoin can break above or face rejection.
A short-term recovery is likely, but the key decision point will be at the resistance level, where we need to assess the strength of the bullish move.
What’s your view on Bitcoin’s next move? Will it break through resistance
Don’t forget to like and share your thoughts in the comments! ❤️
BTC CME MMBM is over If we use data like Market Maker for the purchase, then perhaps we have completed it, now MMSM has worked
We see that December was aсamulation, January - manipulation and February - distribution with the completion and withdrawal of monthly liquidity for January, now we are in the zone of immediate inefficiency, 82-88k + emptiness at 77-80k
I will consider NWOG for 23 feb as resistance and a search for a short entry if the price goes there due to weekly inefficiency
#LINK $ $ #Chainlink $ 14''Ecosystem $ #Cryptocurrencies #link#LINK A technical analysis review that can be considered a leading reference to the change in ''Current market structure and crypto cycle''. The target price tags on the #LINK chart are my crypto exit plan. In this regard, we are in the 5th wave leg that supports the last rise, we will follow possible price movements.
By the end of this year, Bitcoin will grow only slightly more.Bitcoin is at the end of a two-year uptrend and the $110,000 range is the end of this trend.
The impact of Trump's election on Bitcoin's growth will be before he enters the White House.
After that, we will have a 3-4 month downtrend.
The current price of Bitcoin is around $100,600
I will post an analysis of the downtrend after reaching the $110K range.
@JalilRafieefard
December 07, 2024
Bitcoin’s 1.5-2 year downtrend has begun. (Phase 1)As predicted in the previous analysis, Bitcoin saw its two-year price ceiling at around $109K when Trump entered the White House, and Bitcoin will have downtrend for about a 1.5-2 year.
This decline will have 3 phases, which I have shown in the first phase chart in 3 stages.
As you can see in the chart, in the first phase, Bitcoin will fall to around $81K and then rise again to near the price ceiling. But in my opinion, it will not be able to create a new price ceiling and will have a heavier decline towards the $50K-$60K range.
@JalilRafieefard
February 18, 2025
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin remains in a neutral, range-bound trend, currently trading below a key resistance zone. At this point, two potential scenarios could unfold:
1. Bullish Scenario:
If Bitcoin breaks above the resistance level with strong momentum, it could confirm a continuation of the uptrend. A confirmed breakout would present an opportunity to enter long positions strategically.
2. Bearish Scenario:
If Bitcoin fails to break the resistance, a rejection could lead to a pullback toward lower support levels. In this case, waiting for a clear breakout confirmation before entering buy positions would be the prudent approach.
Don’t forget to like and share your thoughts in the comments! ❤️
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin remains in a neutral and range-bound trend, currently trading below a key resistance zone. At this stage, two possible scenarios can unfold, as illustrated in the analysis:
1. Bullish Scenario: If the price successfully breaks above the resistance level, it could signal a continuation of the uptrend. In this case, entering long positions after a confirmed breakout would be a more strategic move.
2. Bearish Scenario: If Bitcoin fails to break the resistance, a rejection could lead to a decline towards lower levels. Therefore, it is advisable not to enter buy positions until the breakout is confirmed.
Don’t forget to like and share your thoughts in the comments! ❤️