$BTC Daily UpdateCRYPTOCAP:BTC #BTC Almost a week now consolidating between $100,334-$95,878 range, $95,878 support holding good, Current 1D candle looking good with some potential to test $99,361 resistance if closes with bullish engulfing today which is being formed as of now, RSI also with potential to turn bullish on 1d, $94,148 next support area, $91,357 key support, $102,280 support regain will bring $104,987 test. Watch Given S/R
BTC-D
ATCryptoScan: BTCUSD About time to downThe recent price action stalled flattish with 4 days of doji... but overall, these doji have long upper tails. This means that with every attempt intraday to rise, eventually it is smacked down. Hence, selling pressure not tremendous, but enough to keep it in place.
MACD though a slightly lagging indicator, has already heads up that the daily chart of BTCUSD is in bear territory. Just need price to follow and complete the picture.
The window is opened for the revised target of mid-Feb 2025 accumulation at about 88,000.
Watch the weeks to come...
Potential bearish drop?The Bitcoin (BTC/USD) is rising towards the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 97,706.94
1st Support: 91,311.03
1st Resistance: 101,849.75
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Bitcoin’s Fake Breakouts—Bears Taking Control!?Bitcoin ( BINANCE:BTCUSDT ) failed to defeat Resistance zone($100,520-$97,200) , the 50_SMA(Daily) , and the Monthly Pivot Point for the umpteenth time and even created a Fake Break .
It also seems that Bitcoin has been unable to break the Resistance lines .
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing the corrective wave so that the structure of the main wave C is the Expanding Ending Diagonal .
I expect Bitcoin to break the Support zone($96,520-$95,720) and touch $95,500 this time, I told you about the importance of this price in the previous post .
Note: If Bitcoin can break the Resistance zone($100,520-$97,200) , the 50_SMA(Daily) , and the Monthly Pivot Point , we should expect an increase to Cumulative Short Liquidation Leverage($103,210-$102,454) .
It doesn't seem reasonable for Bitcoin these days to provide a long-term or even mid-term analysis, and we need to stick to a series of resistance and support levels in order to determine the next targets. Do you agree with me?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin: Watch Low 90K Test For Long Setup.Bitcoin is near the lower part of its broader bullish consolidation. This means swing trade shorts are higher risk, while longs lower risk. How you navigate this area depends on the time frame you use to evaluate your trade signal and risk. The key location to watch for the coming week is the 93,500 to 92,500 support AREA which is part of a larger support zone. A bullish retrace from this area offers potential of at least 2 to 3K points which is a conservative estimation. IF this support area gives way (decisive break of 90K), then all bets are off until new levels establish themselves.
Recent movements have been wild thanks to all of the drama in the news. People who consume and react to news events will often find themselves stuck in painful positions. Chasing news, reacting to dramatic price movements and/or random signals/patterns on charts in leads to random results. You want to capitalize on participants who make these mistakes by anticipating their behavior and this is best done by evaluating ONLY TWO market components: support/resistance and trend. As simplistic and obvious as this may sound, this is the information that helps you build a more accurate lens to judge a market.
Both of these components depend on the time fame you choose to operate. For this analysis, that is the swing trade time frame. Recent trend can be categorized as range bound. That has been clear for weeks now. In range bound environments, support and resistance levels have a greater tendency to HOLD until one side eventually breaks If we zoom out on Bitcoin (monthly) we can see this consolidation is likely a broader Wave 4, or a broader higher low. IF
I have to bet on a side, it would be bullish. For me this means expect more for longs, ESPECIALLY from major support areas and LESS from shorts, ESPECIALLY from resistance areas on this time frame.
For example: with this context in mind and planning to take a swing trade, having a price point in mind (93K AREA see arrow), you now WAIT for confirmation in the anticipated area. IF it appears, risk can be defined around 89,500. That's 3.5K points which may sound like a lot, but the profit potential if it bounces is AT LEAST 4 to 5K points based on the current levels. How you manage this all depends on your risk tolerance and account size but in my opinion it is a risk worth taking.
Thank you for considering my analysis and perspective.
BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible.
On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective
Briefly, here's what's going on:
Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ...
Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss.
Support levels: 95.8 (trigger), 91300, 90K
Resistance levels: 100.2, 102.67
Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow.
At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling
Regards R. Linda!
BTC SHORT TP:94,500 08-02-2025BTC is currently seeking a short position on a one-hour timeframe, with a take profit set in the range of 94,000 to 94,500. This expected movement should materialize within 8 to 16 hours; if it does not occur within this timeframe, the analysis will be deemed invalid. Please remain attentive for updates to monitor this position closely.
Why Bull Market Is Not Over For Bitcoin BTC?Hello, Skyrexians!
Recently we have see the drop on BINANCE:BTCUSDT to $91k. We can't understand why it caused so much fear and negative in crypto communities. This is still next to ATH but fear and greed index dropped into the fear territory. This is great sign for bull run continuation and now we will explain you this statement with the technical analysis.
Let's take a look at the weekly time frame. Before December we had a great probability
that anticipated growth from $50k to $100k could be the final wave 5 of the bear market, but price action has broken the potential Awesome Oscillator's bearish divergence. It gives us the confidence that this move was just the wave 1 in wave 3. It means that the most impulsive growth ahead. The minimal target is 1.61 Fibonacci at $140k, maximal at $200k. We believe more in $200k, but watch out our updates because targets can be recalculated.
Best regards,
Skyrexio Team
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Alt season could already be here, only is winter seasonThe Crypto Market at a Crossroads: What’s Could Next for Bitcoin and Altcoins?
The cryptocurrency market is at a critical juncture, and the narratives being pushed by crypto influencers might not be telling the full story. Over the next weeks and months, the altcoin landscape could undergo significant changes, and there are signals emerging that few are discussing. In this post, I’ll analyze Bitcoin, altcoins, and Bitcoin dominance and what I expect in the coming months.
Bitcoin’s Current Position: Are We Near the Top?
When analyzing Bitcoin, it’s crucial to zoom out and assess the bigger picture. On a weekly chart, Bitcoin’s price action suggests that we might be nearing a top. While some argue that the peak has already occurred, the current structure indicates that Bitcoin could enter a sideways/ downward movement like we saw last year.
If Bitcoin continues to move sideways, altcoins are likely to follow suit. However, during these phases, some altcoins may experience brief runs, especially if Bitcoin dominance starts to decline.
But here’s the catch: Bitcoin dominance has been steadily rising since Bitcoin’s bottom, which is unusual. Typically, during the late stages of a cycle, Bitcoin dominance drops as altcoins surge. This time, however, the landscape seems different.
Altcoin Season: A Muted Rally?
The idea of a massive altcoin season, where all altcoins surge simultaneously, might be a thing of the past. While some coins like BINANCE:SOLUSDT have already seen significant runs (from nearly $80 to $300 top in one year), the broader altcoin market has not experienced the same explosive growth. Instead, only a select few altcoins made significant moves.
This doesn’t mean that altcoins are dead. There will still be opportunities, but they will likely be more selective. Coins that have already made substantial gains, like Solana, may have already topped out.
Going forward the key should be to focus on coins that show strong volume breakouts and price action, rather than holding onto underperforming assets.
Bitcoin Dominance and the Changing Landscape
Bitcoin dominance has been on an upward trajectory, which is unusual for this stage of the cycle. Historically, Bitcoin dominance falls as altcoins begin to rally.
However, this time, the dominance chart suggests that the market dynamics are shifting. While a drop in Bitcoin dominance is still possible, it may not be as pronounced as in previous cycles.
This changing landscape could be due to the sheer number of altcoins in the market. With thousands of coins vying for attention, there simply isn’t enough liquidity to pump all of them. This dilution effect means that only a handful of coins will likely see significant gains, while the majority will continue to underperform.
The Role of Meme Coins and Newer Projects
One of the standout trends in this cycle has been the rise of meme coins and newer projects. Coins like BINANCE:SUIUSDT , which launched during this cycle, have already broken their all-time highs. However, even these newer coins may be entering a bear market phase.
The market is saturated, and without a significant influx of liquidity, it’s unlikely that we’ll see another massive altcoin season.
Meme coins, in particular, have been a double-edged sword. While they’ve provided some of the most explosive gains, they’ve also drained liquidity from the broader market.
This extraction of value has made it harder for other altcoins to gain traction, further complicating the market dynamics.
The Bigger Picture: A Potential Bear Market
Looking at the broader market, there’s a growing possibility that we could be entering a bear market.
The sheer number of coins in the market, combined with the lack of liquidity, suggests that the crypto space is due for a significant shakeout.
Coins like BINANCE:DOTUSD , CAPITALCOM:FILUSD and even BINANCE:ADAUSDT , which have been in a bear market since 2021, are a prime example of this trend.
Many altcoins are already down 80-90% from their all-time highs, and the chances of them recovering are slim.
This is why it’s crucial to focus on coins that have already established a bull trend and are hovering around their support zones, as they have a higher probability of breaking out and continuing their upward trajectory.
Key Takeaways and What to Watch For
1. Bitcoin’s Sideways Movement: Bitcoin is likely to move sideways or slightly downward in the coming weeks, which could create opportunities for select altcoins.
2. Selective Altcoin Runs: Not all altcoins will rally. Focus on coins with strong volume breakouts and price action.
3. Bitcoin Dominance: Keep an eye on Bitcoin dominance. A drop could signal a brief altcoin rally, but it may not be as significant as in previous cycles.
4. Meme Coins and Newer Projects: While meme coins and newer projects have seen gains, they may be entering a bear market phase. Be cautious with these assets.
5. Long-Term Bear Market : The crypto market could be entering a bear market. Focus on preserving capital and avoid holding onto underperforming assets.
Final Thoughts:
The crypto market is at a crossroads, and the next few months could be pivotal. While there will still be opportunities, they will likely be more selective and harder to come by.
By focusing on strong projects with solid fundamentals and avoiding the hype, you can navigate this changing landscape more effectively.
Remember, the key to success in crypto is not just about making money—it’s also about avoiding losses.
Best of Luck!
Mihai Iacob
$BTC.D is at key Fib Retracement level. More upside-expectedThe most important story of this Crypto cycle has been the relentless strength of CRYPTOCAP:BTC against other crypto. The index CRYPTOCAP:BTC.D which measures the dominance of BTC in the total Crypto market in terms of Market Cap hit its low in Dec 2021 when CRYPTOCAP:BTC.D hit a multi-year low of 39%. That means only 39% of the Total Market Crypto can be attributed to $BTC. But since then, the Fed quantitative tightening began and most of the cryptos faced a meltdown. Even though CRYPTOCAP:BTC faced a bear market in CRYPTOCAP:USDT terms but still it fell less than the average Crypto. Since then, the CRYPTOCAP:BTC.D chart has made a bullish double bottom and then made new higher lows and higher highs. If we plot the Fib retracement levels on the CRYPTOCAP:BTC.D weekly chart we saw recently that the Dominance chart stalled around 0.5 and 0.618 Fib levels. Since then, the Dominance chart has been making new highs and broken past the 0.618 . The next key level is 0.786 which will take the dominance to 66.12% percent. Watch out for my blog when CRYPTOCAP:BTC.D reaches the key level for more insights.
XAUUSD ANALYS#XAUUSD ANALYS
####### This analysis was loaded with the correct wavenumber. ######
With this wave count, we can say that here, by hunting liquidity, $2950 will move towards $2700 to complete micro-wave C of wave 4.
I hope this analysis has helped you.
Share this analysis with your friends.
The analysis was done by Mr. Khosravi.
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How to Get Funded and Become a Forex Prop Trader in 2025?How to Get Funded and Become a Forex Prop Trader in 2025: A Step-by-Step Action Plan
With prop trading firms offering funding to skilled traders, 2025 presents an excellent opportunity to trade with significant capital while limiting your personal risk. Here’s a detailed roadmap to getting funded and becoming a successful prop trader in the forex market.
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📌 Step 1: Build a Profitable Trading Strategy
Before applying to a prop firm, you need a tested and profitable strategy that aligns with prop firm risk rules. Here’s what to focus on:
✅ Choose a Trading Style
• Scalping – Quick, small trades (requires low spreads and fast execution).
• Day Trading – Intraday trades with clear setups (most prop firms allow).
• Swing Trading – Holding trades for days/weeks (lower stress, fits many prop firm rules).
• Algorithmic Trading – Using bots or EAs (some firms allow automation).
✅ Develop a High-Probability Edge
• Top-Down Technical Analysis (Identify trends using multiple timeframes).
• Price Action & Market Structure (Support/resistance, breakouts, trendlines).
• Risk-Reward Ratios (Aim for at least 1:2 RR on trades).
• News & Fundamentals (FOMC, NFP, CPI, interest rate decisions).
✅ Backtest & Optimize Your Strategy
• Use Forex Tester 5 or TradingView’s replay mode to test past market conditions.
• Run at least 100-200 trades in a demo account.
• Maintain a win rate above 50% with an R:R of 1:2 or higher.
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📌 Step 2: Master Risk & Money Management
Most prop firms fail traders due to poor risk management. Here’s how to avoid that:
✅ Follow Strict Drawdown Rules
• Daily Drawdown: Most firms allow 5% max daily loss.
• Overall Drawdown: 8-10% max loss before account termination.
• Solution: Risk only 0.5% - 1% per trade.
✅ Position Sizing
• Lot Size Calculator: Always use a calculator to match risk per trade.
• Adjust for Volatility: Trade smaller lots on high-impact news days.
✅ Risk-Adjusted Growth
• Withdraw profits monthly to secure earnings.
• Scale up gradually instead of over-leveraging.
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📌 Step 3: Get Funded by a Prop Firm
🚀 Top Prop Firms in 2025 for Forex Traders
• FTMO – Up to $400,000 funding, 90% profit share.
• My Forex Funds (MFF) – Up to $600,000 funding, 85% profit split.
• The Funded Trader – 80-90% profit split, offers aggressive scaling.
• Fidelcrest – Allows scalping, news trading, and EAs.
• E8 Funding – Low drawdown rules, 80% split.
📈 How to Pass a Prop Firm Challenge
Most firms require a two-phase evaluation:
1. Phase 1: Profit target (8-10%) within 30 days without exceeding the daily/overall drawdown.
2. Phase 2: Lower profit target (4-5%) within 60 days with the same risk rules.
3. Funded Stage: Trade firm capital with a profit split (usually 75-90% to the trader).
🛠️ Pro Tips to Pass a Prop Firm Challenge
✅ Risk only 0.5% per trade (low risk = higher success rate).
✅ Trade high-probability setups only (2-3 trades per day max).
✅ Avoid trading the first & last 15 minutes of sessions (high spreads).
✅ Use a prop firm challenge simulator before applying.
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📌 Step 4: Optimize & Scale Your Trading Career
🔹 Get Multiple Funded Accounts
• Many firms allow traders to manage multiple accounts.
• Use copy trading software (e.g., Trade Copier, FXBlue) to replicate trades across accounts.
• Some firms have a combined max funding of over $2 million.
🔹 Transition to a Full-Time Forex Trader
1. Withdraw Profits Monthly – Secure earnings and reinvest.
2. Diversify Income Streams – Consider trading signals, coaching, or selling EAs.
3. Trade with Institutional Mindset – Focus on consistency over big wins.
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📌 Step 5: Use Trading Tools & AI Bots for an Edge
🔹 Best Forex Trading Tools in 2025
📊 TradingView & MT5 – Best for charting & analysis.
📉 AutoRisk Calculator – Automates lot sizing based on risk %.
🤖 AI & Algo Bots – AI-powered news sentiment analysis & high-frequency trading.
📅 Forex Factory & Myfxbook – Economic calendar & trade tracking.
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📌 Step 6: Stay Ahead in the Forex Market
🚀 Follow Pro Traders – Learn from institutions & hedge funds.
📊 Analyze Market Cycles – 2025 will be affected by interest rates & global policies.
📉 Avoid Overtrading – Focus on quality over quantity.
📈 Invest in Continuous Learning – Join trading communities & courses.
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🎯 Final Thoughts: The Fastest Way to Become a Forex Prop Trader in 2025
✅ Develop a tested, profitable strategy.
✅ Master risk & money management.
✅ Apply to top prop firms & pass the evaluation.
✅ Scale with multiple funded accounts.
✅ Stay disciplined, patient, and focused on long-term success.
LTC - Dino coin will make itHey,
I believe we're nearing the bottom for LTC in this cycle, setting up for the next major move higher.
It might take some time to play out, but I expect to see momentum picking up in Q2/Q3.
LTC is a dinosaur token—one that doesn’t get much love anymore—but I still see it reaching $300+ within the next 6 to 12 months.
BTCUSDT to bounce from 4h support towards weekly resistanceHere is the next trade setup for long. The price is likely to dip into 4h support zone deeper, but we will keep building position as the price dips further into the zone. Target is first 4h resistance 4HR1 then daily resistance DR1 and then weekly resistance WR1. We will evaluate the price action as it will reach these resistance milestones. There are retracement possible from these levels and therefore we will book some profit at these levels and will add on the retracements depdending on the charactersitics of the retracements.
Is Bitcoin Topping Out? Critical Levels to WatchSince the low of $15,476 on November 21, 2022, Bitcoin has surged to an all-time high of $109,588 on January 20, 2025. That’s an incredible +608% increase over 791 days. We also hit the long-anticipated $100K mark. But for almost three months now, Bitcoin has been stuck in a range between $90K and the all-time high, showing some indecision in the market.
Looking Back: Market Structure & Trends
Bitcoin spent over 250 days consolidating between $50K and $70K before finally breaking out in November 2024, right around the U.S. election. That breakout triggered a massive rally, pushing Bitcoin to 100K in just one month. Since then, bulls and bears have been battling it out, trying to establish control over this crucial psychological level.
A look at the pitchfork tool shows that Bitcoin has been rejected at the 0.618, 0.666, and 0.786 levels multiple times while trying to push higher. Recently, we lost the median line of the pitchfork and dropped below 100K, suggesting bullish momentum is fading. The 233 SMA/EMA on the 4-hour TF as well as the 21 EMA/MA on the daily TF has also flipped into resistance, adding to the bearish pressure.
Is February Shaping Up to Be a Bearish Month?
If we compare the current cycle to the 2020 bull market, the price action looks similar, forming a top where Bitcoin struggles to break higher. February could bring a healthy correction before any new leg up.
Key Support Zones & Confluences
Here’s where we could see solid support:
Unfilled CME Gap at $77,930 – Historically, Bitcoin tends to fill these gaps over time
Pitchfork Lower Support Line (~$80K) – If Bitcoin drops, this level aligns with multiple confluences by late February or early March
Fib Speed Fan (0.618 from $50K to ATH) – Perfectly lines up with the pitchfork lower support around $80K
Trend-Based Fibonacci Extension (1.618) – Another confluence at the $79K mark
Fib Retracement (0.5 from $50K to ATH) – Adds more support at $79.3K
Negative Fibonacci Retracement (-0.618) – Lands right at the open gap, reinforcing this zone
Daily 233 EMA/MA – Sitting at $81.3K and $76.4K, further supporting this region
Key Support Zone: $80K - $78K – With all these confluences, this is a strong area for a potential long setup
Additional Support Zone: FWB:88K - $86K – Another important region to watch for a bounce
Resistance Levels & Confluences
Psychological Resistance at 100K – A major battle zone between bulls and bears
Daily 21 EMA/MA (~$99.5K - 101K) – A key resistance level that could cap any upward movement
233 SMA/EMA on the 4H Timeframe – Now acting as resistance, adding pressure to the downside
Potential Trade Setups
Long Setup #1: A potential entry from FWB:88K - $86K
Long Setup #2: $80K - $78K support zone with confirmation could present a high-probability trade
Final Thoughts
Bitcoin is facing strong resistance at 100K, with multiple technical indicators suggesting a possible pullback. While the bigger trend remains bullish, February might bring a correction, providing great long opportunities around the FWB:88K - $86K and $80K - $78K region. Keep an eye on key support zones and look for confirmation signals before jumping into trades.
New Indicator Release
The 4H, Daily, and Weekly support zones seen on the charts are from my new indicator, which I released for free a few days ago. Feel free to check it out and incorporate it into your analysis.
BTC - Key Zones & Liquidity InsightsBINANCE:BTCUSDT is currently oscillating within a new trading range, establishing a trustable support zone while facing a weaker resistance trendline and resistance zone. Given this setup, a breakout isn’t the primary expectation just yet.
🔹 Key Observations:
Support Zone Strength: The support zone is stronger than the resistance, making it less likely for BTC to break downward easily.
Resistance Weakness: The resistance trendline and zone appear weaker, meaning any rejection could be temporary.
Liquidity Perspective: As seen on the liquidity chart, there’s favorable liquidity above the resistance zone, increasing the probability of a short-term push higher to hunt liquidity.
💡 Potential Scenarios:
1️⃣ BTC could move toward the resistance zone, tapping into liquidity before reacting.
2️⃣ If buyers step in aggressively, a short-term liquidity grab above resistance might trigger further upside.
3️⃣ Failure to reclaim key levels could lead to continued range-bound movement.
🚀 Stay ready for the next Bitcoin move! Follow for real-time updates and professional insights! 🔔