Powell’s Comments Could Decide BTC’s Fate: New ATH or Rejection!Bitcoin ( BINANCE:BTCUSDT ) has attacked the Support zone($116,900-$115,730) several times over the past week but failed to break through, meaning that buyers are still hoping for a BTC increase or even a new All-Time High(ATH) .
Bitcoin has reached a Resistance zone($119,530-$118,270) again and is trying to break the upper lines of the Symmetrical Triangle Pattern . The Cumulative Short Liquidation Leverage($117,255-$116,675) is important and includes high sell orders , so if Bitcoin can break the Resistance zone($119,530-$118,270) and the Resistance lines with high momentum , we can hope for a continuation of the upward trend.
Whether or not the Resistance zone($119,530-$118,270) and the Resistance lines break could depend on the tone of Jerome Powell’s speech today .
Jerome Powell will speak at the opening of the “ Integrated Review of the Capital Framework for Large Banks ” — the final major appearance before the Federal Reserve enters its pre-meeting blackout period.
Market Expectations:
The speech is officially about regulatory frameworks (like Basel III), but traders are watching closely for any hints regarding interest rate policy. Even indirect comments could move risk assets like BTC.
Rate Cut Signals?
With political pressure mounting (including criticism from Trump ) and markets pricing in a potential cut later this year, Powell may adopt a cautious, data-dependent tone emphasizing flexibility in decision-making.
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In terms of Elliott Wave theory , it seems that the wave structure of the main wave 4 correction is over. The main wave 4 has a Zigzag Correction(ABC/5-3-5) , so that the microwave B of the main wave 4 has a Double Three Correction(WXY) . Of course, the breakdown of the Resistance zone($119,530-$118,270) and Resistance lines can confirm the end of the main wave 4 .
Also, there is a possibility that the 5th wave will be a truncated wave because the momentum of the main wave 3 is high , and Bitcoin may NOT create a new ATH and the main wave 5 will complete below the main wave 3.
I expect Bitcoin to rise to at least the Resistance zone($121,000-$120,070) AFTER breaking the Resistance zone($119,530-$118,270) and Resistance lines .
Second Target: $121,620
Third Target: $123,820
Note: Stop Loss(SL)= $117,450
CME Gap: $115,060-$114,947
Cumulative Long Liquidation Leverage: $117,429-$116,878
Cumulative Long Liquidation Leverage: $116,053-$115,411
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 a 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.
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BTC
LQTY – Accumulation Completed | Preparing for Trend ReversalLQTY has broken out from a descending structure and reclaimed the key support zone around $1.00–$1.10, showing early signs of accumulation and bullish strength. Currently forming a higher low structure, suggesting a potential long-term uptrend is brewing.
🔹 Technical Highlights:
✅ Clean breakout from descending trendline
✅ Retest of breakout zone holding as support (~$1.10)
🔼 Price printing bullish higher lows on the daily timeframe
🎯 Target zone: $2.70–$2.90 (major resistance from previous highs)
📌 Technical View:
Strong structural base forming
Pullbacks into support area could offer high R/R entries
Break above $1.50 may ignite bullish continuation toward the upper target zone
LQTY appears to be transitioning from accumulation to markup phase. Monitor price action and volume for confirmation of the next leg.
ETH/BTC vs btc dominanceethereum received a reaction as we expected from the current demand zone in the bitcoin pair, and it seems inevitable that the upward momentum from the current area will continue. on the bitcoin dominance side, the same situation exists, but I think we will witness a bearish absolute process.
BITCOIN Is this just a giant Bull Flag?Bitcoin (BTCUSD) is basically on its first strong pull-back since the July 14 All Time High (ATH), as it is the 3rd straight red day going from roughly $120300 to below $115000 as of this moment.
Technically this Channel Down pull-back looks like a Bull Flag to the uptrend that started following the June 22 Low. The 1D RSI pattern is similar to the May 22 - 30 fractal, which was also a correction that started after a Channel Up and initially hit the 1D MA50 (blue trend-line), only to rebound a settle for a last dip lower closer to the 1D MA200 (orange trend-line).
If the 1D MA50 fails to contain the current correction, we may again be faced with a slightly more prolonged pull-back, which may be translated into an Accumulation Phase that could eventually lead to prices above $130000 by September.
Do you think that will be the case or we will see an instant rebound? Feel free to let us know in the comments section below!
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Bitcoin/TetherUS (BTC/USDT) on a 4-hour timeframeOverall Trend & Price Action:
Prior Uptrend: The chart shows a clear uptrend leading up to around July 15th, marked by an "Order Trend" line (dashed green).
Break of Market Structure (BMS): A "BMS" (Break of Market Structure) label is visible, suggesting a significant shift in market dynamics, likely indicating the end of the previous uptrend or a strong pullback.
Consolidation/Distribution: After the initial uptrend, the price appears to have entered a period of consolidation or potential distribution between approximately $115,000 and $120,000.
Resistance Trends: Several "Resistance Trend" lines (red) are drawn, indicating areas where the price has faced selling pressure. A recent breakdown below these resistance lines is evident.
Change of Character (ChoCH): A "ChoCH" label is present, which often signifies a change in the prevailing market sentiment or trend, confirming the shift away from the strong bullish momentum.
Current Price & Trading Setup:
Current Price: The current price is around $115,849.44.
Proposed Entry: The chart suggests an "Entry" point at $116,150.00. This is positioned just above the current price and within a potential retest zone of the broken resistance.
Stop Loss (S/L): The "S/L" is set at $118,600.00, indicating a risk management level if the trade goes against the intended direction.
Profit Targets (Profit):
First Profit Target: $114,150.00, located just above the first "Golden Zone."
Second Profit Target: $108,350.00, situated within the second "Golden Zone."
Golden Zones: Two "Golden Zones" (brown shaded areas) are identified, which are typically areas of significant support/demand or Fibonacci retracement levels where price is expected to react. The current setup seems to target these zones for profit-taking.
SMS: 70.83%: This "SMS" value (likely referring to "Smart Money Score" or a similar metric) of 70.83% suggests a strong bearish bias or conviction in the current setup.
Interpretation & Potential Strategy:
The analysis suggests a bearish trading setup for BTC/USDT.
The presence of BMS, ChoCH, and the breakdown below resistance trends indicate a potential shift from bullish to bearish sentiment or a significant correction.
The proposed short entry at $116,150.00 aims to capitalize on further downward movement.
The profit targets align with identified "Golden Zones," suggesting that these are anticipated areas of support where the bearish momentum might temporarily stall or reverse.
The significant "SMS" value reinforces the bearish outlook.
Risks & Considerations:
Reversal from Golden Zones: While profit targets are set at Golden Zones, these are also potential areas for price reversals if strong buying interest emerges.
False Breakout/Breakdown: The market can always surprise, and a re-entry above the stop-loss level would invalidate the current bearish setup.
Market Volatility: Cryptocurrency markets are highly volatile, and rapid price movements can occur.
News Events: Unforeseen news or macroeconomic events could significantly impact price action.
BTC - Last Push: Consolidation, Manipulation & DistributionMarket Context
After a strong upward impulse, Bitcoin has entered a mid-term consolidation phase just below its all-time high. This kind of price action is typical as the market digests recent gains and larger participants prepare for the next move. These pauses in momentum often precede either trend continuation or a reversal — and the structure here suggests we might be witnessing the former, but not without a final shakeout.
Phase 1: Consolidation Around the All-Time High
The first phase is defined by a tight range just beneath the all-time high, where price moves sideways in a balanced struggle between buyers and sellers. This is often where retail participants become overly bullish, anticipating a breakout. However, the lack of a sustained move higher indicates that smart money may be waiting for better entries — or preparing to engineer liquidity to fuel the next move.
Phase 2: Manipulation Into the Fair Value Gap and Golden Pocket
Directly below the range lies a clean Fair Value Gap, with a Golden Pocket retracement nestled inside it. This zone represents a strong area of interest. A sharp move into this area would likely sweep late long positions and trigger stop-losses from range traders — a classic manipulation pattern. This phase serves two purposes: collect liquidity and offer favorable pricing for larger players looking to position themselves before expansion. Watch for signs of absorption or reversal as price enters this zone.
Phase 3: Expansion – The Last Push of the Bull Market?
Following the liquidity sweep and reaction from the Fair Value Gap and Golden Pocket zone, we could see a renewed expansion toward higher highs. This is the phase where volume returns, sentiment shifts, and price accelerates. If this plays out, it could mark the final leg of this bull cycle — potentially driving Bitcoin to new all-time highs with strength.
Execution Thoughts
If you're looking to participate, it's wise to wait for a confirmation signal on a lower timeframe — like the 5-minute or 15-minute chart — once price enters the Fair Value Gap and Golden Pocket zone. Watch for a strong bullish reaction, break of structure, or shift in order flow to signal that buyers are stepping back in.
Final Thoughts
Let the market come to your level and don’t chase moves without context. These three phases — consolidation, manipulation, and expansion — are timeless patterns seen across all markets. Stay patient, stay objective, and react with clarity.
If this breakdown helped you see the setup more clearly, a like would mean a lot — and I’d love to hear your thoughts in the comments! Are you watching the same zone, or do you see something different?
Bitcoin’s Epic Run from 80K to 120K: What’s Next for BTC?Yo traders, it’s Skeptic from Skeptic Lab! 🩵 Diving into Bitcoin’s wild ride from 80K to 120K—breaking down the key supports, resistances, and what’s next for BTC.
From the $76k bounce to smashing $110K, we’re eyeing the $120K PRZ. Will it correct or keep soaring? Check the video for the full scoop! Drop your thoughts or coin requests in the comments, boost if it vibes & Let’s grow together!
BTC New Upodate (4H)This analysis is an update of the analysis you see in the "Related publications" section
We previously stated that Bitcoin lacks the strength to move upward, and we expect the price to soon reach the green zone (114K-112K).
The price is now dropping toward this zone, which is the rebuy area.
The process of reaching the green zone has been and still is somewhat time-consuming, and during this time, it may repeatedly mislead beginners.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Volatility Period: July 24-26
Hello, traders.
If you "Follow", you can always get the latest information quickly.
Have a nice day today.
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(BTCUSDT 1D chart)
BTC is in a step up trend.
Looking at the bigger picture, it can be seen that it is in the second step up trend.
The important volatility period in this step-up is expected to be around August 2-5 (up to August 1-6).
Therefore, we need to look at what kind of movement it makes as it passes through the previous volatility period of around July 25 (July 24-26) and around July 31 (July 30-August 1).
In other words, we need to check which section is supported and which section is resisted, and see if it breaks through that section.
What we can see now is that it is checking whether there is support in the 115854.56-119086.64 section, that is, the HA-High ~ DOM (60) section.
Since the M-Signal indicator on the 1D chart has risen to the 115854.56 point, the key is whether it can receive support at the 115854.56 point and rise.
If it falls below the M-Signal indicator of the 1D chart and shows resistance, it is likely to meet the M-Signal indicator of the 1W chart.
This flow is an interpretation of the separation learned when studying the price moving average.
Therefore, we can see that the maximum decline point is when it meets the M-Signal indicator of the 1M chart.
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Industries (coins, tokens) that are renewing the ATH are actually outside the predictable range.
Therefore, we should think of it as a situation where it is not strange whether it falls or rises at any time and think of a response plan.
Since it is currently within the predictable range, we can create a response strategy by checking whether there is support in the 115854.56-119086.64 section.
However, as I mentioned earlier, the volatility period is about to begin, so caution is required when making new transactions.
That is, you need to check whether it breaks out of the 115854.56-119086.64 range during the volatility period that continues until July 26.
And if it breaks out, you need to check whether it is supported or resisted in that area and respond accordingly.
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The OBV indicator of the Low Line ~ High Line channel is showing a pattern of rising above the High Line.
Accordingly, if the OBV indicator is maintained above the High Line, it is expected to show an additional rise.
In accordance with this, you need to check whether the K of the StochRSI indicator shows a movement to rise in the oversold range and a transition to a state where K > D.
You also need to check whether the TC (Trend Check) indicator continues its upward trend and can rise above the 0 point.
If these conditions are met, it is expected that BTC will rise above 119086.64 or show a pattern of rising.
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This decline created a low trend line, creating a perfect rising channel.
Therefore, we need to see how far we can go up along the rising channel created this time.
In that sense, we should pay close attention to the movement during the volatility period around July 25th (July 24-26).
-
Thank you for reading to the end.
I hope you have a successful trade.
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- This is an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)
I will explain more details when the bear market starts.
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BITCOIN IS CREATING A SECRET PATTERN! (Huge move incoming?!)Yello paradisers! I'm describing to you what's going on with Bitcoin right now. We are creating a secret pattern that is forming, and once its neckline is reclaimed, we are going to have a huge movement.
In this video, I'm sharing with you the most important support and resistances on multiple time frames. We are describing Elliott wave theory wave count, and taking a look at candlestick patterns. We are talking about confirmations necessary for bullish and bearish cases. I'm explaining to you what the professional trading signals need for long-term profitability.
Some of the points are great risk-reward ratios. I'm talking about that in the video. One of them is taking only the highest probability trade setups, and having the patience and discipline to wait for them.
I'm talking about proper strategy which is needed, and systemology in your overall trading and how important it is. Here on TradingView, I'm describing to you the overall bias I have on Bitcoin right now.
Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
Will the low of this BTC zone be used as a buy point?We have an imbalance high being tested. We know that this also represents the consolidation range low where both TPs and long entries will be triggered.
Will this be enough to send us back bullish or will be need further correction of the imbalance? I think there's a high probability of this with DXY also running into it's daily bearish imbalance range.
SPK Market Update – Key Levels Ahead 🚨 SPK Market Update – Key Levels Ahead 🔄📉📈
SPK previously formed a bearish Head and Shoulders pattern, which was confirmed by a breakdown. So, what’s next?
🔹 Option 1:
Price could move down to the two blue support levels — these zones may offer potential long entries, as buyers were active here before. Watch for confirmation! 👀
🔺 Option 2:
We also have a red resistance zone, located around the right shoulder of the H&S.
If INDEX:SPK breaks above this zone, it may signal the return of buyers and a potential bullish reversal.
What's The Lowest Bitcoin Can Go? (Top Altcoins Choice —Comment)Bitcoin just hit a new all-time high recently and is consolidating just below resistance. I have a question: How far down can Bitcoin go on a sudden retrace?
That's a great question. Assuming that Bitcoin will continue growing mid-term and long-term, we can expect some more consolidation before higher prices. A retrace is not mandatory but is possible. A correction is almost impossible; low probability; not likely.
The worst case scenario Bitcoin does go down and the action should stop right at the previous high. Resistance turned support. That is, $112,000 to $110,000 would the first and main support range. Harder for Bitcoin to move much lower but these levels are not active yet.
If Bitcoin were to produce an extreme shakeout before additional growth, I would say the worst possible would be a touch of $104,000, but this is still a low probability setup. The chances are that Bitcoin will continue sideways while the altcoins grow. The fact that the altcoins are bullish means that Bitcoin will resume growing in due time. The next major move is another advance exceeding $130,000. It can happen within weeks or next month.
Patience is key on Bitcoin, the altcoins need to catch up.
Sometimes, Bitcoin can go sideways for months wile the altcoins grow. Prepare to wait or switch yourself to some mid-sized and small-cap altcoins. The big pairs tend to move like Bitcoin. Each chart needs to be considered individually.
Thanks a lot for your support.
Feel free to leave a comment with your favorite altcoin for an update. I will do an analysis for you in the comments section below.
Namaste.
Possible market drawdown before the end of the monthToday I want to review the market and give a warning on further purchases. Since the last review, as expected, volatility in the market began to grow with a flat of about 2500 on ether until the half-year change. The growth of the euro and oil gave rise to a 4k retest in the new half of the year. However, the half-year has opened below 2,500, which is a technical selling signal that bears will use at the end of each major period. A large volume of sales was also left before the half-year change, which can be retested up to 2100-2250. The first pullback is already possible for the current monthly candle, with its pinbar reversal up to 2750-2900 on ether. This pullback started yesterday and is likely to accelerate in the last weekly candle of the month. Further sales are highly likely to continue in the first half of the new month as part of the shadow drawing for the new monthly candle. In an optimistic scenario, the bulls will be able to take 4,000 by the end of the week, in which case the pullback on the current monthly candle will be compensated.
Given the increased likelihood of sales in the market, I recommend fixing profits by the end of the week and reducing the number of coins in operation. The current rollback for some coins will also end with the assignment of the monitoring tag at the beginning of the month and a further collapse, which puts pressure on the coins.
Most of the coins that I considered for work provided good opportunities for making money, especially the growth impulses of pivx and data with sharp breakouts stood out. Adx fio chess cos token also showed growth, but at a smoother pace. The most negative dynamics was given by slf, which eventually received the monitoring tag, and I will not consider it in the future.
Despite the pleasant impulses of 50%+ for individual fantokens, this group as a whole shows extremely negative dynamics relative to the market, and remains in the most oversold position, even relative to coins with the monitoring tag. In an optimistic scenario, fantokens will become interesting to speculators against the background of the general decline of altcoins that has begun, and we can expect a good bull run on them before the end of the month. In a negative scenario, binance may be preparing to assign the monitoring tag to some tokens of this group or chz. In this regard, I leave such tokens as atm acm city porto Lazio as the most undervalued in a small lot. But at the beginning of the month, I also recommend keeping short stops on them in the first half of the day of the first week of the new month to insure against assigning the monitoring tag. Or temporarily sell them for a given period.
In addition to fan tokens, I will choose new coins for operation after assigning the monitoring tag in the new month.
BTC/USD 4H Chart Review📊 Technical Structure (Symmetrical Triangle)
Formation: The symmetrical triangle (orange lines) remains intact—price continues to move within it.
Approaching the apex: The closer to the intersection of the triangle's arms, the greater the probability of a breakout. The current candle is testing the upper boundary of the formation (around $119,300), but has not yet broken it.
Direction: The formation is neutral, but tension is increasing. A breakout of either line (the upper boundary ≈$119,500 or the lower boundary ≈$117,700) could trigger a dynamic move with a range of around $3,000 (the height of the triangle at its widest point).
🧱 Support and Resistance Levels (Red and Green Lines)
Type Level (USD) Description
Resistance 123205 All-Time High – Possible Target After an Upward Breakout
Resistance 120556 Local Resistance – Triangle Breakout Range
Resistance 119200–119300 Currently Tested Level
Support 117752 Lower Triangle Boundary – Critical Defense Line
Support 115764 Next Local Support
📈 Technical Indicators
🔵 RSI (Relative Strength Index)
Currently: ~55 – indicates a neutral situation, having broken down from the overbought level (~74).
Indicates that the market has temporarily cooled down after a previous impulse. There is still room for further upward movement without exceeding 70.
🔵 MACD
The MACD and signal lines are approaching a crossover – if the MACD crosses the signal line upward, it could be a bullish signal.
The histogram is slightly positive – indicating weak but growing bullish momentum.
📊 Volume
Slightly increasing in the last candles – no confirmation of a strong breakout yet, but upward pressure is building.
🧠 Interpretation
Scenario Technical Conditions Movement Objective
🔼 Upward Breakout
Candlestick close above $119,500 USD 122,000–$123,200 USD
🔽 Downward Breakout
Close below 117,750 and confirmed by volume at 115,700, then 114,000 USD
🔄 Consolidation
Inconclusive, continued sideways movement
Between $117,700 and $119,500 USD
✅ Summary
Bitcoin is still in a neutral symmetrical triangle formation but is approaching a turning point.
The RSI has broken out of the overbought range, and the MACD is signaling a potential upside breakout.
Volume confirmation is still lacking, but technical conditions favor the bulls – if it manages to break above 119,500 and hold above, a move towards 122,000–123,000 USD can be expected.
In the event of a rejection, maintaining 117750 will be key; breaking it opens the way to 115700 and below.
BTC 4H – Dance with the 200MA
Bitcoin continues its strong relationship with the 200MA.
Each time price dips below it, fear spikes — but bounces off key Fib levels have followed, with price then riding higher alongside the 200MA.
Right now, price is caught between the 200MA and a nearby Fib level.
Here’s what could happen next:
– Price flips the Fib into support, ideally with help from a rising 200MA.
– Price waits for the 200MA to catch up, and they break the Fib together.
– Or, we get another panic dip, and the bounce comes after another test from below.
Whichever path it takes, we’ll be here watching it unfold.
Always take profits and manage risk.
Interaction is welcome.
BITCOIN BULLISH WEDGE|LONG|
✅BITCOIN is trading in a
Strong uptrend and the coin
Has formed a massive bullish
Wedge pattern so we are
Bullish biased and IF we see
A bullish breakout we will
Be expecting a further
Bullish move up
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.