Bitcoin analysis updateSee Level A. We hit that level and back again. Trading and support levels in zone A are running out. We are waiting for this level to be broken. After breaking this level, wait for the price to reach 73
Bitcon
BTC/USDT Breakout Riding the Descending Triangle for Dual TPIn this setup, I executed a long position on BTC/USDT at 97835.6 BINANCE:BTCUSDT USDT after identifying a breakout potential within a descending triangle pattern. The price was compressing against the descending resistance, and I anticipated bullish momentum as it approached a critical convergence zone.
Key Elements of the Setup:
Descending Triangle Breakout:
The price was forming lower highs while respecting a strong support area near 97,711 USDT. I positioned my entry slightly above this support after spotting bullish pressure building up near the triangle's apex.
Support & Resistance Analysis:
The support zones between 96,601.1 USDT and 97,711 USDT provided a solid base for the price, showing multiple rejections of lower levels.
Several weak resistance levels ahead were identified, but the strong bullish momentum suggested the price would overcome them, making it favorable for a breakout.
Risk Management:
My stop loss is strategically placed at 95,854.9 USDT, below the support zone, to protect against a false breakout while minimizing risk exposure.
The setup provides a favorable risk-to-reward ratio, giving the trade room to breathe without exposing it to unnecessary losses.
Take Profit Strategy:
Take Profit 1 at 100,965.9 USDT, just below a major resistance level at 101,735.4 USDT. This ensures profit is secured before encountering strong selling pressure.
Take Profit 2 at 102,380.7 USDT, targeting the upper resistance, capitalizing on the full potential of the breakout if momentum remains strong.
Conclusion:
This trade combines technical pattern recognition (descending triangle breakout), key support and resistance mapping, and disciplined risk management. By entering near a strong support with a clear breakout structure, the goal is to ride the bullish wave and secure profits at predefined resistance levels.
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! ❤️
Correction up to the target level.Following the previous analysis on January 24,
the price of Bitcoin has reached the bottom of the trading range channel.
New signal for BITCOINSend a private message for advice and questions about transactions. Trusted by more than 100 investors from all over the world
TRADE information:
EP: 99300-101200
SL:110318
TP1: 89300
TP2: 80300
TP3: 73000
GOOD LUCK GUYS 😉💲
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.
ALI in our buying zone , with double bottom , RSI divergenceali has reached in our buying zone , with clear double bottom pattern , rsi divergence .
use 5% of your capital
ICP LONGWe had a decent reaction from the nPOC, with a 20% bounce, but ICP still hasn’t reached my area of interest at $7.7. Considering that the price tested the 21 EMA on the daily chart after the bounce, it looks like a dead cat bounce. I still believe ICP has room to move lower.
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
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.
btcI don't know why this is in my mind.
If it breaks the green support, first make sure that the break is real and this drawing will be canceled. And be sure to check that the break is not fake
The next topic is the one-hour time frame, which I see as a resistance in the orange line. And maybe it wants to make a similar move like the blue line. This is just an opinion and should not be the basis for your buying and selling.
btc 70,000$ !!!First of all, send me a private message for any advice on investment, trading, buying, gold, etc.
I can trade with your basket. Making big profits😎😎💲💲💲.
Bitcoin analysis:
Bitcoin seems to have to retest the level it struggled to break for nearly 230 days.I mean the price is 70-73 thousand dollars
As much as the amount of good news is good, but the price should increase in real terms
Wait for 70😉😉😉
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
The Dollar Falls While Bitcoin & Gold Moves Up Hey there,
So in today's Midweek Market Review, we discuss whats been happening lately in these markets, highlighting the impact of Trumps inauguration, while also explaining the recent run on Gold and the New highs on Bitcoin.
Be sure to check out this weeks market review commentary for more insight and ideas on how to best position yourself for these markets moving forward.
Long to punish shitcoinersI think bitcoin has one more push higher before what many are expecting to be a alt season, given that xrp is the only one pumping (cornered market) i think profits will first flow to btc to stabilize market above 100k and pave way for the expected alt szn.
btcThe green box was broken and now we have a resistance.
It is currently playing in the green and red boxes. Until it can break the red box, I think it would be better to stay lower.
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! 🚀
btcWell, the series went straight up before the support we identified. Now the closest support we have is this green box and as long as it doesn't break, we can think higher, but if it breaks, it will be a little more difficult and we need to check the following points.
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%)
A once-in-a-century opportunity to short MSTRA once-in-a-century opportunity to short MSTR.If it drops below 285, you should be all in. If mstz is used. may even be financially free. Good luck.
Bitcoin higher Time frame possible outlook CRYPTO:BTCUSD This just my speculation only what I think might happen.
What to Expect from Bitcoin in 2025? BEARISH TREND #BTC 13-01-25Bitcoin already started BEARISH TREND, so far #BTC gave us bearish reversal signal, at the same time it is forming Bearish Trend for 2025.
Thank you and Good Luck to all traders of #BTC and crypto!
