Bitcoin's epic journey to $160K1. Overall Trend
The chart shows a long-term bullish trend for Bitcoin, with the price rising significantly from around $50,000 in early 2023 to approximately $123,130 as of the latest data point (March 18, 2025).
The upward movement is characterized by a series of higher highs and higher lows, indicating strong bullish momentum.
2. Price Levels and Targets
The chart highlights a projected target of $160,000, labeled as "Reaching at 160K." This suggests the analyst anticipates a potential breakout or continuation of the current uptrend to this level.
Current price: Approximately $123,130, with previous support/resistance zones marked at $77,917 and $56,707. These levels likely represent significant historical support where accumulation occurred.
3. Technical Patterns
Ascending Triangle: The chart features an ascending triangle pattern, a bullish continuation pattern. The upper resistance line slopes downward slightly, while the lower support line slopes upward, converging toward a breakout point. The recent price action appears to have broken above this triangle, supporting the bullish outlook.
Accumulation Phases: Two distinct accumulation zones are marked:
The first accumulation phase is around the $56,707 - $77,917 range, where the price consolidated before the initial breakout.
The second accumulation phase is near the $100,000 - $120,000 range, followed by a sharp upward move toward the current price and the projected $160,000 target.
4. Support and Resistance
Support: The lower boundary of the ascending triangle and the accumulation zones (e.g., $77,917 and $56,707) act as potential support levels if the price pulls back.
Resistance: The next major resistance is implied at $160,000, where the price may face selling pressure or consolidation before potentially moving higher.
5. Volume and Momentum
While volume data isn’t explicitly shown, the sharp upward move after the breakout from the triangle suggests increasing buying pressure and momentum, typical of a strong bullish trend.
6. Timeframe and Projection
The chart spans from early 2023 to mid-2025, with the $160,000 target likely projected to be reached by mid-2025, aligning with the current trajectory and historical bullish cycles.
Btc!
HelenP. I Bitcoin can drop of resistance line of wedge to $77800Hi folks today I'm prepared for you Bitcoin analytics. A few days ago, the price surged to 99000 before pulling back to the resistance level, which aligned with the resistance zone. Then, BTC broke through the 89500 level, traded below it for a while, and continued its decline toward the support level, which coincided with the support zone. Following this move, Bitcoin started trading inside a wedge pattern and quickly made a strong upward impulse from the support zone, reaching 94900 and breaking the resistance level once again. However, it soon corrected, dropping back below this level, and after attempting to recover, it failed. BTC then began to decline and, in a short time, fell to the support zone, where it reached the trend line. After bouncing off this level, it started to rise again, eventually making a correction to the support level before continuing its upward movement inside the wedge. At this point, I expect BTCUSDT to reach the resistance line of the wedge before reversing and dropping to the trend line, breaking the support level. Based on this, my goal is set at 77800, which coincides with the trend line. If you like my analytics you may support me with your like/comment ❤️
BITCOIN The 0.5 Fib Golden Rule! This is not a Bear Market yet!Bitcoin (BTCUSD) shook the bullish market sentiment last month, as late February saw it drop aggressively not just from the 109k All Time High (ATH) but also below the key psychological Support of $90000. We have discussed already how the 1W MA50 (blue trend-line) coming to its rescue, is the critical Support and rightfully so, but there is also another critical condition that is currently showing incredible strength, keeping BTC into Bull Cycle territory (for now).
That is the 0.5 Fibonacci retracement level Golden Rule. This suggests that BTC's corrections/ pull-backs up to the 0.5 Fib level are technical and perfectly systemic, especially with the 1W MA50 supporting. If anything, such pull-backs during a Bull Cycle are the most optimal buy opportunities. We are currently on an exact such opportunity as the price hit last week both the 1W MA50 and the 0.5 Fib.
In the past 10 years since the August 2015 Bear Cycle bottom, every correction up to the 0.5 Fib was a buy. In the 4 cases it broke, 2 were the signals of the 2018 and 2022 Bear Cycles and the other 2 signals of the market correcting the bullish overreaction to the Libra (2019) and Musk (2021) rallies. The latter though was still contained above the 1W MA50 and so would the 2019 one if it wasn't for the March 2020 COVID crash.
As a result, we still see no cause for concern (yet) and so far this is the best buy opportunity for Bitcoin since last year and the August 05 2024 Low.
But what do you think? Is this 0.5 Fib Golden Rule coming to push Bitcoin higher to its next ATH? Feel free to let us know in the comments section below!
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BTC - Bullish SOON!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BTC has been in a correction phase, and it feels like it's taking forever! ⏳
As long as the blue trendline holds, the overall bias remains bullish. 📈
As BTC approaches the blue trendline—perfectly aligning with a demand zone and support—we'll be watching for trend-following longs to catch the next big impulse move upward. 🚀
For now, we wait! ⏳
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Double down like Michael Chad Saylor - MSTR ----> MSTU 2X"Are you convicted?"
Of Bitcoin achieving a new All time high if so Saylor will greatly rewarded and lauded.
MicroStrategy's unwavering focus on acquiring Bitcoin through unconventional financing methods, rather than building a sustainable revenue-generating business, carries significant risks, especially if a major bear market were to hit the cryptocurrency sector again. This exposure to Bitcoin offers a distinctive investment opportunity for those looking to gain leverage in the crypto space without direct participation.
While MicroStrategy's inherent volatility may deter more traditional investors, it also provides a platform for those eager to engage with market dynamics. The MSTU adds an additional layer of volatility, but unlike options, it does not have an expiration date.
Investors should closely monitor Bitcoin's market fluctuations, as these directly influence MSTR's stock price, potentially creating advantageous entry points for savvy traders.
WARNING! Bitcoin BTC Can Crush To $75k Again!Hello, Skyrexians!
Recently, when the BINANCE:BTCUSDT price was below $80k we told you that reversal will come soon and $140k is next, but this correction can lasts longer, that we supposed. There is a high chance to see the another one dip to $75k and we will explain why.
Let's take a look at the 4h time frame. Those who read our articles know that Bitcoin is in wave C and this wave shall have 5 waves, but can be like an ending diagonal. We suppose this scenario. In this case double divergence with Awesome oscillator is likely. Now we have the high probability to see wave 5. This scenario is likely in price breaks down the GETTEX:82K key fractal level and confirm short setup.
Best regards,
Skyrexio Team
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BTC/USDT 4HOUR CHART UPDATE !!The BTC/USDT 4-hour chart suggests a descending channel pattern, indicating a possible continuation of the bearish trend until a breakout occurs.
Descending Channel:
Price activity remains within a downward-sloping channel, with lower highs and lower lows.
The upper trendline acts as resistance, while the lower trendline provides dynamic support.
Resistance: Near $85,000 to $87,500, aligned with the upper trendline.
Support: Around $78,424, the lower limit extending to $72,000 if a breakdown occurs.
(Red Arrow):
If BTC fails to break the resistance, it could drop towards $78,424 and possibly lower.
(Blue Arrow):
A breakout above the descending channel (~$87,500) could trigger a bullish run towards $90,000+.
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
The current BTC chart, incorporating my 'flash-crash' thesisThis chart illustrates the current Bitcoin pattern, with my 'April flash crash thesis.'
I believe we will see another thrust lower into the green box ranges before a spring into the fifth wave. However, the fifth wave will be a "false breakout," as a flash crash in mid to late April is likely to occur, intentionally designed to sweep liquidity by liquidating overleveraged positions and triggering stop losses—driving price past the previous low set in the green box, only for the market to recover shortly thereafter and continue its breakout to the upside. This breakout will likely push beyond the pattern, taking out the all-time high, and setting a new high somewhere in the 20K to 25K range.
There could be some opportunities in the next 4 to 6 weeks, but with opportunity comes risk. Always use a proper risk management strategy suited to your skill level and wallet size.
Good luck, and always use a stop loss!
Weekly Analysis for Week 12 2025!Hello fellow traders , my regular and new friends!
How was your trading this week? Managed to catch the Eurjpy or GbpCad and EurCad movements as mentioned last week?
Which pairs or instruments should we keep a look out for?
This coming week is packed with interest rate decision, how?What to do?
Do check out my recorded video for more insights!
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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BITCOIN When unsure, look at the bigger pictureSimple, yet highly informative especially in times of high uncertainty like the current one.
Bitcoin / BTCUSD has a Full Cycle of 4 years.
1 year of Bear and 3 years of Bull.
Right now we have entered the final year of the 3 year Bull Cycle, so we have a few more months left until the end of the year.
Come October, we can start considering a top for BTC.
Until then.. Buy the dip.
Follow us, like the idea and leave a comment below!!
BTC Breakout Alert: A Surge to $90K?This 4-hour Bitcoin chart highlights a descending trendline acting as resistance, while an ascending trendline supports the price. The price is consolidating near a key resistance zone Green at $84,705 - $85,556, indicating a potential breakout above the trendline. A successful breakout and retest could lead to a bullish move toward the higher resistance zone Blue at $90,772 - $91,560.
BTC/USD - Short back to $73,000 I have entered short.
I went short because BTC was lining up at major resistance around $84K. It was hitting the 300MA, RSI was oversold, and MACD was starting to show divergence. On top of that, volume was weakening near resistance, and there was a huge wall of sell orders stacking up. All signs pointed to a solid short setup.
I expect a new all time high later this year after that area o support has been tested.
LONG ON BITCOINMarket structure wise Bitcoin looks like its ready to Rise.
Other political and economic factors are also being looked at as to why I am buying bitcoin.
But Its mainly The Market structure shift Im seeing on the charts that has me hitting buy!
Im looking to make about 7-8k points on BTC.
BTCUSD: TSI shows that this is the LAST BEST BUYBitcoin is neutral on its 1W technical outlook (RSI = 46.997, MACD = 3171.400, ADX = 55.280) as it found support on the 1W MA50 last 3 weeks and is trying to capitalize on this with a bullish reaction. The rebound is closer than ever and in our opinion based on the True Strength Index (TSI), this may be the last best buy opportunity of this Cycle before it tops. The 1W TSI is now on its long term Buy Zone, last time it was there was on the August 5th 2024 bottom.
The TSI basically marks bottoms and tops on the last 3 Cycles in particular. More specifically, it makes 5 tops in total, every time it approaches 1.00, it is a signal to sell and wait for it to approach -1.00. We are now as mentioned the closest we've been to -1.00 in 7 months and we came here from Top 4. The Cycle technically has one more Top (5) to give so practically the current levels are the last best buy opportunity of the Cycle.
From top-to-bottom, the 2014-2017 Cycle lasted 1470 days, the next one (2018-2021) 1430 days, so if there is a declining rate of 40 days on each passing Cycle, we can start expecting a new Cycle Top by September 2025. The price can be at least 130k be then.
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This is a 4-hour chart of Bitcoin (BTC/USD)This is a 4-hour chart of Bitcoin (BTC/USD) showing a key resistance level around $86,527 and a potential bearish move towards lower support zones.
Analysis:
Price is currently trading near the resistance zone, struggling to break above it.
A sell setup is suggested, expecting rejection from resistance.
The first target is around $78,500, with an extended downside target at $75,869 and possibly $71,580 if momentum continues.
A stop-loss level is placed above resistance at $86,527, indicating a risk management strategy.
The overall structure suggests bearish sentiment unless price breaks above resistance.
Potential Trading Plan:
📉 Bearish Scenario:
Short below resistance confirmation.
Targets at $78,500, $75,869, and $71,580.
Stop-loss above $86,527.
📈 Bullish Scenario:
A break and close above $86,527 could invalidate the bearish setup.
Bitcoin Rebounds Strongly from Key SupportCritical Support Zone:
Bitcoin has rebounded sharply from the $80,000-$78,000 support level, which previously served as the breakout zone in late October 2024. This strong reaction suggests significant buying interest and potentially a higher low within the broader uptrend.
Healthy Market Correction:
After reaching an all-time high of $108,000, Bitcoin experienced a typical bull market retracement of about 30%. The strong bullish engulfing candle at support signals a possible shift back to the upside.
Key Levels to Watch:
Support: Holding above $80,000-$78,000 is crucial for maintaining the bullish outlook.
Immediate Resistance: $88,000-$90,000 range.
Upside Target: If bullish momentum continues, Bitcoin could push toward $100,000 in the next phase of its uptrend.
With momentum potentially shifting, Bitcoin is at a decisive point—will it reclaim new highs? Stay tuned! 🚀📈
#Bitcoin #BTC #Crypto #MarketAnalysis #Trading #Bullish #Support #Resistance
Bitcoin in Bearish Flag Pattern, Breakout Could Be Near...🚨 Bitcoin Update 🚨
Bitcoin is currently forming a bearish flag pattern on the hourly timeframe, following a strong rejection at the $92,000 level. This consolidation suggests a potential continuation to the downside, but we're closely monitoring for a breakout either way. ⬇️
If the price breaks down from the flag, we could see further downside, while a breakout to the upside could challenge previous resistance levels. 📊
Stay alert and keep an eye on the key levels! Let’s see how this plays out. 🔍
BITCOIN Is this the 'most normal' Cycle of them all ??This is not the first time we use a Convergence/ Divergence approach to Bitcoin (BTCUSD) Cycles and certainly not the last one. On the previous one, it helped us to succesffuly predict the end of 2022 bottom but what we couldn't anticipate is how smooth the new/ current Cycle 5 (orange trend-line) would be.
As the title says, this is probably the 'most normal' Cycle of them all, as BTC has been trading within a Channel Up (orange) since the Bear Cycle's bottom more than 2 years ago.
To get a better understanding of this claim, we compare Bitcoin's (BTCUSD) Cycles from their previous top to the next one (with the exception of the first), on this complete mapping analysis, having them all displayed on top of another: Cycle 1 (green trend-line), Cycle 2 (red), Cycle 3 (blue), Cycle 4 (black) and the current one Cycle 5 (orange).
** Diminishing Returns **
As you see, first of all, this showcases the Theory of Diminishing Returns, which suggests that as the market grows and higher adoption is achieved, BTC will show less and less returns in each Cycle. Every Cycle Top has been lower from the previous one.
** Cycle Convergence - Divergence **
Secondly, all Cycles particularly during their Bear Phase and for a short time after, tend to follow a common path. The illustration on this analysis is very clear as it starts with each Cycle's Bear Phase and you can see that when they diverge, they converge again quickly. The most recent Bear Phase was not surprisingly as long as Cycle 4 and almost Cycle 3, which was to be expected as the market has shown an amazing degree of symmetry in the past 10 years. Note that this is also the model that helped as determine very early in 2023 that Cycle 3 would be the best fit for the new Cycle in terms of price action and without a doubt, BTC has been mostly replicating that Cycle.
** What's next for the current Cycle? **
If we compare the current Cycle (5) with Cycle 3 we can see that the Convergence - Divergence Model is holding. So far when Cycle 5 converged, it immediately diverged. And this is exactly what it has been doing since the December High and the marginal January All Time High (ATH). It has started to diverge significantly from Cycle 3 so what the recent pull-back to the 1W MA50 achieved is to normalize it and is about to touch it.
Now that the price hit the bottom of its +2 year Channel Up, we expect to rise, which will achieved convergence and contact with both Cycles 3 and 4, which is what they both did in their last 150 days of their respective Bull Cycles. Technically, this can take Cycle 5 to around $150k.
As we've first mentioned in the crypto space, regarding the last Bear Market being the 'smoothest' in history, we can securely say now that the current Bull Cycle is also the 'most normal' ever.
So what do you think? Does this Cycle regression model offer any useful conclusion as to where Bitcoin might top and if so, is this Cycle indeed the 'most normal' in the history? Feel free to let us know in the comments section below!
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Bitcoin - Will Bitcoin Go Up Again?!Bitcoin is trading below the EMA50 and EMA200 on the four-hour timeframe and is trading in its descending channel. The continuation of Bitcoin’s downward trend and its placement in the demand zone will provide us with the opportunity to buy it again.
As long as Bitcoin is above the drawn trend line, we can think about buying transactions. The continued rise of Bitcoin will also lead to testing of selling transactions from the supply zone. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and observing capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy within the demand range.
In recent days, Bitcoin’s price has experienced a significant decline, reaching its lowest level in several weeks. This price drop coincides with growing concerns about a potential economic recession in the U.S. and the impact of Donald Trump’s recent statements on financial markets. As a result, many investors have shifted towards safer assets.
Analysts believe that Trump’s remarks have intensified market volatility, leading to increased selling pressure across financial markets. Consequently, riskier assets like Bitcoin have also seen a decline in price.
Given the uncertainty in the market and doubts surrounding the future of the U.S. economy, experts predict that Bitcoin’s price fluctuations will persist. While some investors see this drop as a buying opportunity, the lack of clarity on upcoming economic policies has heightened overall risk.
On March 14, Bitcoin broke its long-standing 12-year ascending support trend against gold (XAU). A well-known analyst, NorthStar, has warned that if Bitcoin remains below this level for a week or more, it could signal the end of its 12-year bullish trend.
This breakdown occurred as spot gold prices surged by 12.80% since the beginning of the year, reaching a new record high above $3,000 per ounce. In contrast, Bitcoin—often referred to as “digital gold”—has fallen 11% so far in 2025.
Arthur Hayes, co-founder of BitMEX, who previously predicted that Bitcoin would drop below $80K, now believes its decline will likely bottom out around $70K.
Meanwhile, reports indicate that Russia is increasingly using cryptocurrencies in its oil trade, which is valued at $192 billion. Digital assets are facilitating the conversion of yuan and rupees into rubles, streamlining transactions.
According to sources, Russian oil companies have been utilizing Tether, Bitcoin, and Ethereum in their trades.While digital assets currently represent a small portion of the oil trade, their adoption is growing rapidly.
BTC, seed at 78k.. we are goin for new ATH again this year! BTC, corrected heavily after tapping a parabolic ATH high at 108K levels which warranted a mid term trim down -- which is healthy and sustainable.
Price overextended to unforeseen numbers to 70k range to tap 77k levels. An exact precision tap of 61.8 FIB extension zone -- which replicated the same scenario during the 50k era pre-surge season before the massive rally to 100k. Both are bouncing off in this 61.8 fib area with laser accuracy precision which just manifested last night.
We are now at the rare accumulation zone signal -- a pre surge basing area where long term buyers converge after that 61.8 fib perfect tap.
The diagram above is already showing hint of initial shift of the current metrics. The visual clarity of the signal is day and night. You can decipher it easily. This signal never missed since 15k era. Batting average is 4 out of 4.
Ideal seeding was the lowest at 77k.
Target: ATH retap at 108k
Mid target 120-140k levels.
TAYOR.
Trade safely.
17/03/25 Weekly outlookLast weeks high: $85,306.40
Last weeks low: $76,622.98
Midpoint: $80,964.69
It's FOMC week again! Last week it was CPI week and inflation numbers came in under forecast signaling the Tradfi market sell-off and implementation of tariffs have at least had a positive impact on the consumer price index, a 2.8% print 0.1% lower than forecast. As this relates to FOMC the forecast is a non mover with interest rates staying at 4.5%.
However this does not necessarily mean that FOMC will be a non event in terms of the markets, volatility is always expected and with a suspected Trump insider opening a $380m 40x short position on BTC with a liquidation price of $86,600. I expect this price to be hit at some point this week purely because CT is targeting this account that has had a perfect 8/8 trade record to stop hunt it, I think FOMC could proved the volatility to do it.
The general structure of BTC as a whole despite this stop hunt narrative is bearish, after losing $91k support and a retest confirming the level as new resistance structurally it makes sense to revisit FWB:73K to retest it as support. This would be horrible for the broader altcoin market that has suffered greatly so far this year but it would eliminate the need to fill the FVG in the future.
This week I am keeping a close eye on that stop hunt and FOMC as I feel that will dictate if we retest $91K or $73K.