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BTCUSDTHello Traders! 👋 What are your thoughts on BITCOIN? Bitcoin is still struggling with its key resistance zone, showing signs of weakness in continuing its upward movement. Based on the current price structure, we anticipate a short-term correction towards the identified support level. If the support holds and a rebound is confirmed, the uptrend could regain strength, with the first target in this scenario being the $115,000 zone. Don’t forget to like and share your thoughts in the comments! ❤️
Long
by HAMED_AZ
40
Bull cycle is not over yet ! (but I am not buying or selling)Bitcoin (and the rest of the crypto market) look very bearish. I am starting to hear and read "the end of the cycle" in youtube and x. I can see the reason why. 4H, daily and even 5D chart look pretty bearish. However, the weekly setup of momentum indicators make me think it is still too early to say the bull market is over. Please look at the blue dotted lines in the chart. These areas have very similar setups.   1) All momentum indicators are in the bull zone. 2) It looks that MACD lines are about to cross but haven't.   There are many occasions where they look like they are about to cross to the downside but they just touch and resume to the upside. MACD is a very slow moving indicator. It is not very useful for intraday trading, but for the higher time frame (daily, weekly etc), it removes a lot of market noises and is very reliable. 3) The RSI based MA line (orange line in RSI) is still sloping upwards.  This line ignores market noises.  If the angle of the line is sloping up, the price tends to continue to trend upwards until it starts to change its angle.     4) Stochastic is moving downwards, however, there is a sign it is rolling back to the upside.  Stochastic is the fastest reacting indicator among the three. So it provides an early sign of what may be coming.   At this stage, I will not be selling my BTC. (I mean I will not open a long term short position) until I see a clear sign of the trend reversal in the daily or weekly timeframe.  P.S. A lot of price manipulation happens on weekends so in general I won't make a big decision based on the weekend price action.
CRYPTO:BTCUSD
by EbonyFalcon
Bitcoin, BTC, BearishDespite the abundance of positive news and expectations, I would say it's more probable for Bitcoin to dive down to fil the LVN area between 77K and 86K to rebalance the price offerings there and quickly return to POC level at around 97K. The asset will always move quickly through an LVN area and only stabilize or "park" at a HVN or POC levels, but the problem with the next HVN for BTC is that it's too low, around 65K, which although not impossible yet not probable.
Short
by Amr_m
Short As long as the Double Top pattern remains intact, the market is likely to continue its downward trajectory, potentially targeting the 75,000 level. This pattern suggests a strong reversal signal, and if the price doesn't break above the neckline, the downside target of 75,000 seems increasingly probable. However, if the Double Top is invalidated and the market breaks above the highs, that would indicate a shift in momentum. Even in that case, I’m still not seeing much upside potential. The FOMO (Fear of Missing Out) seems to have already driven prices higher, and this is often where retail traders get caught—buying into the market at peak levels, just before a potential pullback. Historically, this is when retail traders tend to go wrong, as they buy into the hype and end up holding during the inevitable market drop. Therefore, I continue to advocate for being on the sidelines or even shorting the market against the high that was established when the market touched 108,000. If the market does break the Double Top and pushes higher, the next resistance zone would likely be around the 115,000 level. However, even in that scenario, I expect the price to eventually retrace and drop back towards the 75,000 area, forming a deeper correction.
Short
by Shivkumar600
WHEN WILL BTC TOP OUT?Most of people are trying to catch the exact BTC top. Remember to not let the FOMO to get you. Now, it's not the time to buy BTC, because i think it will range between $88.000 to $111.000 for the next months. I think it is possible that BTC will top out around May/June, and will slowly start to reverse this summer. Later this year, around October/November, will start to accumulate shorts below $90.000, and this will be a sign to add more shorts. Main bear target is $40.000
Short
by SaliJournal
BITCOIN 1HR ANALYSIS 🚨 BITCOIN 1-Hour Analysis 🚨 Here’s what we’re watching: 📈 Upside Targets: • TP1:105800 • TP2: 107700 📉 Downside Targets: • TP1: 102900 • TP2: 104400 So we have to watch out for $104300- $104800level. If BTC stays below then you can target downside targets and if above then you can target above levels mentioned as TP(take profit) Keep an eye on key levels and trade smart! 💹 What’s your take? Drop a comment below and share this with your trading crew! 🚀
BYBIT:BTCUSD.P
by ProfitMatrix
Bitcoin - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast: 73777.00 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: A trough is formed in daily chart at 88963.75 on 01/13/2025, so more gains to resistance(s) 102643.85, 108293.92, 110000.00 and more heights is expected. Take Profits: 99607.07 102643.85 108293.92 110000.00 115000.00 118110.67 120000.00 125000.00 130000.00 134142.91 Total Profit: 5567500 point (55%) Closed trade(s): 506200 point Profit Open trade(s): 5061300 point Profit Trade Setup: We opened 11 BUY trades @ 94545.07 based on 'Hammer' entry method at 2025-01-13. Closed Profit: TP1 @ 99607.07 touched at 2025-01-15 with 506200 point Profit. (5%) Open Profit: Profit for one BUY trade is 99606.37(current price) - 94545.07(open price) = 506130 point (5%) 10 trade(s) still open, therefore total profit for open trade(s) is 506130 (5%) x 10 = 5061300 point (50%)
BINANCE:BTCUSDLong
by ForecastCity
25