Bitcoin Index-3 Strength index. Tells us what ? Bull Or Bear ?This post will include the same chart as a Month, Weekly, Daily and 4 hour
The 3 indicators are
RSI - RSI, or Relative Strength Index, is a momentum oscillator used in technical analysis to identify overbought or oversold conditions in the price
TSI - The True Strength Index indicator is a momentum oscillator designed to detect, confirm or visualize the strength of a trend. - the True Strength Index (TSI) does show trend direction.
ADX - the Average Directional Index (ADX) shows the strength of a market trend, NOT its direction. The base line is 25 - Above is strong trned, below is weaker trend
ADX is Yellow - DI + is orange ( positive price index) - DI - is Red ( Negative price index
MONTHLY
The main chart is the monthly chart - the vertical lines Mark Years
Note how ATH's are all Above the Rising upper trend line.
From the Left,
2013 ATH - Note how RSI and TSI both peaked BEFORE ATH, as did the DI+ on the ADX indicator. The ADX itself turned down Later
2017 ATH saw a similar pattern
2021 was slightly different. RSI and TSI peaked on the March ATH but the true cycle ATH was in Q4 ( Nov) , as are most BTC Cycle ATH - Note the sudden drops in both ( probably due to deleveraged)
The DI+ on the ADX did the same but note how the ADX itself peaked in NOV - The ADX seemingly being more accurate on showing us Cycle Top by Trend.
Currently,
The RSI has not entered Fully OVERBOUGHT as in previous cycles. Has Fallen below Overbought entry line in recent weeks. Maybe leveling out
TSI ( orange) is falling since Jan, showing a bearish trend - Falling towards its own average.. PA has been falling in this time.
ADX has also slowed and flatten out, showing a weakening of trend. NOTE - ADX does not show us Trend direction...So, in recent months, we have seen a DROP in PA.
Weakening of this trend could be pointing towards a reversal ?
Also look at the orange DI+ line in ADX....It is getting Lower on each ATH, harder to move higher as Price increase makes BTC harder to move
THE WEEKLY begins to show us more info
This starts to get interesting here
Note that in 2021, It was as we saw in the monthly Except the ADX fell after the March ATH and did not rise again untill half way through 2021 when the Bear Kicked in Fully. The ADX here is showing the strength of that Bear Market as Luna, FTX and 3 arrows collapsed.
The RSI and TSI remained flat Till Jan 2023, when we saw PA beginning to recover. Notice I said RECOVER. I said it at the time and I say it again..Jan 2023 till September was recovery from avery deep Bear market. This is backed up by the fact that the ADX remained Flat untill Late August 2023. Showed No TREND
Then we saw ADX rise, TSI rise off Neutral and RSI begin to head towards Overbought.
All 3 then Dipped in Mid 2024, Rose again to End of 2024 and since then, we have seen the RSI and TSI drop below their averages, head to Neutral
ADX continied to rise as DI+ Dropped, showing us this was a Bearish Trend after all.
However, since beginning of March, the ADX has been showing a weakening of this trend. Still Bearish as the rise in DI - shows, but it is getting weaker.
DAILY begins to show us what could be heading for a new trend, maybe
BTC PA dropped since Feb as did the RSI and TSI, though they have recently stopped doing that and have tried to bounce but still remain below Neutral.
The reason for this is shown in the ADX that has continued to rise untill March, Keeping that Bearish trend Active and strong. This is confirmed by the DI - ( red ) being above the DI +
Even though this trend has weakened, DI + remains flat showing that a change in trend does not appear to be happening to quickly.
Note how the ADX has turned and is beginning to rise higher as the TSI and RSI flatten out
Hpwever. DI - also remain flat.
Change could be near. It is not happening yet but......
The 4 hour chart is full of Noise but given whet we just seen, it may be relevant to see it
It is Volatile but we can see on BTC PA how PA slowed its drop from March and has ranged with a reducing high Low.
We can see how the RSI and TSI rose, dipped and Rose to their current positions near Neutral.
We can see on the ADX, in the centre , was the Last Bearish push, BTC PA Dropped sharply but the trend weakened quickly. the Bears are getting tired.
We see the attempt by the BULLS around the 11 march to push PA higher.
This failed..but showed us the bulls are still here.
The Fact that the ADX is below the DI lines is a sign that a Trend no longer exists or is very weak
The previous Bearish Trend is possibly exhausted.
We have signs that Price recovery is possible from here though I think we will wait a bit longer before we see it.
My conclusion is that we maybe seeing the beginning of a change , a reversal, but it may take a little while before we see the Fruits fully. Possibly up to 5 - 6 weeks or more.
The shorter term data shows we could make a push to top of range ( or near) but that could get rejected.. We need more strength for the long term
But I suggest you read this, look at these charts and make up your own mind.
Because they are hard to read in many ways, Trends can spring up any time, in any direction.
We can only look at them and think..
I wish you well
Btcanalysis
Bitcoin Market Cap Breakout Potential | Bullish SetupThis 1-hour chart for the Bitcoin market cap ( CRYPTOCAP:BTC ) suggests a potential bullish breakout.
🔹 Major Support: The price recently tested and respected a strong support zone, indicating buyers are stepping in.
🔹 Triangle Formation: A symmetrical triangle is forming, which typically leads to a breakout.
🔹 Weak High & ATH Target: If the breakout occurs, the market cap could push past previous highs, targeting the 1.88T level and beyond.
🔹 Bullish Scenario: A successful breakout above the triangle’s resistance may trigger an uptrend towards the weak high, followed by an attempt to reach new all-time highs (ATH).
💡 Key Levels to Watch:
Support: 1.65T
Breakout Confirmation: 1.66T+
Target: 1.88T
This setup suggests a bullish continuation, but a failed breakout could lead to a retest of support. Keep an eye on volume and momentum for confirmation.
What are your thoughts? Will BTC market cap break out soon? 🚀📈
#Bitcoin #BTC #Crypto #Trading #TechnicalAnalysis
Bitcoin under 40k? Possible, but is this also probable?In life, anything is possible , and when it comes to crypto, everything is possible .
But, as I mentioned in my educational post yesterday, there’s a big difference between what is possible and what is probable.
In this article, I want to analyze the possibility of Bitcoin dropping below $40,000 and more importantly, what would need to happen for this scenario to shift from just possible to truly probable.
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BTC — From All-Time High to Distribution?
If we look at the Bitcoin chart, we notice that after the first all-time high very close to $100,000 at the end of November, the market began a consolidation phase.
Although we saw two more all-time highs — one around $108,000 in mid-December and another near $110,000 in January — the entire structure from late November to late February appears to be a distribution pattern rather than a healthy continuation.
Once Bitcoin broke below $90,000, we can consider this distribution phase complete, with a target for short positions around $75,000 — a level I’ve highlighted in my previous posts.
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Long-Term Logarithmic Chart — Diminishing Returns and the Bigger Picture
Looking at the long-term logarithmic chart, we can see a clear pattern of diminishing returns:
• The first major leg up, starting in late 2011, was approximately 600x and lasted about two years, followed by a correction.
• The next leg was 100x, spanning four years, followed by another correction.
• Then, a 20x rally, which lasted just over a year.
• Finally, the most recent leg up has been around 7x.
What’s crucial here is that returns are decreasing and, even more importantly, the last leg up looks more like an ascending channel than a parabolic move like in previous cycles.
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The Significance of the Ascending Channel
This ascending channel is not unusual — the market has matured, and big players are now involved, reducing volatility.
However, ascending channels on the long-term often signal potential reversals, rather than continuation.
________________________________________
What Would Make $40,000 Probable?
Now, let’s address the real question: What would need to happen for Bitcoin to drop to $40,000?
Zooming in on the logarithmic chart, it becomes evident that the $72,000 - $75,000 zone is a major support confluence.
If this area is broken — meaning a weekly candle closes below this level — the scenario of BTC dropping toward $40,000 becomes probable.
The target zone I’m watching in this case is $32,000 - $36,000, a strong historical support that is clearly visible on higher timeframes.
________________________________________
Conclusion — Watch the Key Levels, Not What you Hope
To conclude:
• Bitcoin dropping to those extreme levels is possible, but not yet probable.
• Probabilities will shift only if key support levels are broken — specifically $72k-$75k.
• The market has matured, cycles are changing, and returns are diminishing, so expecting a repeat of past parabolic runs may not be realistic.
• As traders and investors, we must focus on the charts and key levels, not on hopium and hype.
BITCOIN TRENDS with Heiken Ashi candles & Trend indicator ADX Why HEIKEN ASHI Candles ?
Heikin Ashi is a charting technique that can be used to predict future price movements. It is similar to traditional candlestick charts. However, unlike a regular candlestick chart, the Heikin Ashi chart tries to filter out some of the market noise by smoothing out strong price swings to better identify trend movements in the market. ( Source TradingView )
What is ADX ?
The ADX indicator measures trend strength without indicating direction. It is derived from the Positive Directional Movement (+DI) and Negative Directional Movement (-DI):
+DI (Positive Directional Index): Measures upward price movement.
-DI (Negative Directional Index): Measures downward price movement.
ADX Value: Higher values indicate stronger trends, regardless of direction.
( Source TradingView)
To summarise, Heiken Ashi candles filter out Noise and help identify Trend Direction
ADX shows you Trend Strength - NEVER the direction of Trend, using prince index.
OK, so now we ready. The main chart has 2 Vertical Bold lines that will be explained in a Bit but Note where they are on the Chart
The one on the left is near where the Rise in PA turns and becomes a Ranging PA- PA slowed right on that line.
The 2nd line is near the TOP and before the point where PA entered a descending channel that leads us to where we are currently
Note on the chart, the Orange dotted line. This is the BASIS line of the Bollinger bands. This is The Basis line and shows us the Average of PA and, as you can see, we are currently below Average. This shows a Negative Trend.
See how PA is above the basis line in a Positive Trend
Also note in the chart how the lines of candles are Smoother. Each New candle begins on the centre line of the previous and so it becomes a Lot easier to see if PA rises or drops from previous with out the Jagged Noise of traditional candles. - Taller candles show more Strength than previous;
So now to the ADX Chart
See those 2 Dashed Vertical lines and note how the ADX ( YELLOW ) changes direction at those points.
To remind you, the Left one was where BTC PA Slowed down from a Steep Rise, A BULLISH TREND, and turned to Ranging.
The Drop in the ADX at this point showed us that the previous trend was weakening. I remind you, it DOES NOT SHOW TREND DIRECTION even though, in this case, they follow each other.
PA Ranged horizontal on average till we met the Next line, where the previous Trend Strength had reached Neutral ( Note, this is around 20 on the ADX scale )
At the next dashed lime. ADX began rising. Trend strength was increasing.
Initially, we saw BTC PA rising to a New ATH and so, it was easy to assume that the Trend Was Bullish again. However, as we see now, it turns out it was a BEARISH trend.
So how do we know when this is going to end ?
The ORANGE line DI+ ( positive price action ) and the RED DI - ( Negative price action ) can help
These are Price Direction index. When DI + rises, this indicates a positive price action and Visa Versa for DI -
On its own, this is not easy But, for instance, notice how while we been in the descending channel, the DI+ dropped while the DI- has ranged along the 20 line on average.
This indicates a controlled Drop in PA and NOT a Full on Bearish capitulation. There is strength there in PA and this can be seen by the Slow rise of the ADX
On a shorter time scales, over the last 5 days we have seen PA rise in price.
this is reflected more in the DI- dropping ( Negative price action loosing strength ) more than in the DI + remainf horizontal.( NOT gaining Strength )
This could indicate that we are not finished Dropping yet - and yet, at the same time, we see the ADX weakening.
The Bears maybe getting Tired.
If we now return to the Chart
This fatigue we maybe seeing in the Bears could be reflected in the simple fact that we are now Near a long term Rising line of Support ( bold line) and that we are nearer the lower line of the descending channel ( also support) - We are also very near the 2.272 fib extension that has proved to be support previously.
The upper bollinger band is around 90K, which happens to be near Top of current range.
So, we may see a push higher soon but we need to understand that the Longer term still Looks like we will continue in the Range Bound for a Few more weeks.
I hope this helps but be prepared for anything
Bitcoin 50 SMA time snaps and Low to ATH since 2014 - UPDATEIn a similar vein to the chart posted earlier today about the patterns between the 50 and 100 SMA, this post is using the 50 SMA ( RED) and the time spent above and below PA.
Alongside this, we have the day counts for PA LOW to PA ATH since 2014
After 2013 ATH and once the 50 SMA dropped below PA, it spent 399 days below PA
After 2017 ATH and once the 50 SMA dropped below PA, it spent 329 days below PA
After 2021 ATH and once the 50 SMA dropped below PA, it spent 420 days below PA - This is an impressive stat as it includes the Deep Bear that we experienced after the Luna, 3 Arrows & FTX crashes, includes the raising of interest rates and the utter presecution by Banks and SEX in the USa.
The fact that the drop below PA was only extended by 35 days ( average) Max shows a strength in Bitcoin sentiment. It could NOT be broken
In 2015, once the 50 SMA has risen above PA, it remained there for 938 days
In 2019, once the 50 SMA has risen above PA, it remained there for 1001 days
In 2023, once the 50 SMA has risen above PA, we have been above for 756 days of an expected average projection of 966 days
This projects that PA will Drop Below the 50 SMA in about October 2015, After the ATH as previously.
This points towards an ATH in Q4 - this has some confluence with the previous post though open to suggestion.
Next is the simple PA LOW to ATH and Back to LOW day counts
2013 ATH to Cycle Low was 665 days then 847 days to Cycle ATH
2017 ATH to Cycle Low was 350 days then 1064 days to Cycle ATH
2021 ATH to Cycle Low was 378 days then, using the average of the two previous day Count from Low to ATH, gives us 952 days to Cycle ATH
This puts an ATH in JUNE 2025 !
I do not think this is realistic in anyway however, Anything is possible currently.
I do however think that June is about when PA could seriously begin to make Moves higher, with intent to reach a Cycle ATH.
The reason being, the weekly MACD will have reached Neutral by then ( if not in mid May )
So while this chart offers some confluence to other ideas, it also offers another ATH date that is way earlier than any previous cycle ATH - While I feel this is unlikely to happen, we Must keep open minds.. the adoption of BTC by main stream now may well accelerate the PA cycle.
We shall wait and find out.
Be prepared for ALL occasions....including the arrival of an early Bear. - THAT will be in another post, at some point soon
Stay safe
Bitcoin is ABSOLUTELY under Pressure - It MUST react before DECI have been looking at this in detail for some time and have decided to change how I calculate things and here is the result.
There are 2 things of Massive importance to see here.
First is that Curve that PA has been under since 2010
The Lower Dashed Line is the Trend line formed in 2011. It is Strong and it is Valid and PA is currently running along it.
Here is a closer image to show you where we are in relation to it right now. Directly below PA currently, we hit that line around 67K
The Apex of this "Triangle" is December THIS YEAR
PA Has to break Above that Arc, the same Arc that has Rejected PA EVERY TIME since 2011
BUT THIS TIME IS DIFFERENT - IT HAS TO BE and here is why
I am not going to explain the % increase each Cycle Low to ATH, it is in the chart but I do want to show you this,
The first real push of Bitcoin was a massive % rise that created the ATH that formed the 1st point of the Lower Trend line of the New channel. This is A on the chart
The Next push was to B. This push was 1.433% of the Original push A - smaller by a long way in % terms.
These 2 moves created the channel that PA has remained in ever since. ( see dashed upper trend line)
From this point on, we can see that each cycle push , while in channel, has been approx 20% of the previous rise. Or around 1/5 of the size in % terms
Or to put is another way, Each Rise has been a diminishing % rise from previous.
Look at that curve. It has pushed PA down each cycle ATH
This cycle, we are currently at 26.7% of the previous push ( to 2021 ATH ) and it has created a cycle ATH currently.
But is the cycle Over ? - Hopefully NOT
Because if it is NOT over, we need to break through that Curve of resistance by December.
The Much expected 200K ATH is way over that curve and would result in a 55% of previous push rise. That would break the "trend"
This is VERY Different. But Absolutely required.
So, the question that should be on Everyone's lips is "Which is stronger ? The line or the Arc ?"
My expectation is that we will break through. That Arc has been a Major part of the formative years of Bitcoin PA but now, it could prove detrimental. Because, if we do not break through it, It will push Peice DOWN, through that line of Long term support.
We do not want that
SO, Maybe THIS is why the Bulls are waiting for the Weekly MACD to reset to Neutral...PA Needs the strength to break through.
So, Go Buy your Local BULL a Beer ( or white wine lol ) and Lets get on.
Watch this Close. It really is more important that Trumps Reserve, Saylors Love nest or Bezos after burners.................
Bullish Quasimodo in Play – Bitcoin’s Next Target: $84,500?Bitcoin ( BINANCE:BTCUSDT ) attacked the Resistance zone($84,130_$81,500) again as I expected yesterday . Has Bitcoin given up or is it gathering momentum to attack the resistance zone again? What do you think?
Bitcoin is moving near Yearly Pivot Point and Cumulative Long Liquidation Leverage($80,537_$78,390) .
From Elliott Wave theory , Bitcoin appears to be completing an Expanding Flat(ABC/5-3-5) corrective wave .
According to the Price Action , Bitcoin appears to be completing the Bullish Quasimodo Pattern .
Educational Note : The Bullish Quasimodo Pattern is a reversal pattern that signals a potential uptrend after a downtrend. It forms when the price creates a lower low followed by a higher high and a higher low, confirming a shift in market structure.
I expect Bitcoin will NOT leave the CME Gap($86,400_$84,650) unfilled and will rise to at least $84,500 .
What do you think, will Bitcoin leave this CME Gap($86,400_$84,650)?
Note: If Bitcoin falls below $78,800, we should expect further declines.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Tests Resistance: Will the CME Gap Get Filled?Bitcoin ( BINANCE:BTCUSDT ) continued its downward trend as I expected in the previous post , but over the past 12 hours , Bitcoin has started to increase from Potential Reversal Zone(PRZ) . The question is whether this upward trend will continue in the past few hours or not !?
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JOLTS Job Openings & Its Potential Impact on Bitcoin
The JOLTS Job Openings report will be released today, March 11 . It provides key insights into the U.S. labor market . This data can influence the Federal Reserve’s monetary policy stance , impacting risk assets like Bitcoin.
Potential Impact on Bitcoin :
Higher-than-expected job openings : Signals labor market strength, increasing the likelihood of Fed tightening → Bearish for Bitcoin
Lower-than-expected job openings : Suggests labor market weakness, increasing the odds of rate cuts → Bullish for Bitcoin
Historical Influence :
In previous months, JOLTS data has triggered volatility across financial markets, including crypto. For instance, a sharp decline in job openings last year led to a weaker dollar and Bitcoin rally. Conversely, stronger-than-expected job numbers have reinforced hawkish Fed expectations, pressuring Bitcoin.
I believe there's a higher probability that the JOLTS report will come in weaker than expected, which could lead to a short-term rally in Bitcoin and gold. However, if the report is stronger than anticipated, we might see temporary selling pressure in the market. What is your idea!?
Today's positive news was " Trump Plans Order to End Crypto Banking Restrictions ". In general, Trump's statements no longer affect the crypto market as much as before. Do you agree with me?
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Now let's take a look at the Bitcoin chart on the 1-hour timeframe and use technical analysis tools .
Bitcoin is moving in the Resistance zone($84,130_$81,500) and near the 200_SMA(Daily) .
According to Elliott Wave theory , Bitcoin has completed five down waves , and we should wait for the next up waves . One of the signs of the end of wave 5 is the presence of a Regular Divergence (RD+) between two consecutive valleys .
According to the above explanation , I expect Bitcoin to re-attack the Resistance zone($84,130_$81,500) after a downward correction and attempt to fill the CME Gap($86,400_$84,200) .
Note: If Bitcoin can move above $87,200, we can expect the start of an uptrend.
Note: We should expect a bigger drop if Bitcoin falls below $72,000.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will be super bullish soon (1D)The market maker has created a scenario that makes everyone believe the bear market started a while ago. However, there are signs on the chart showing that Bitcoin may register a new ATH.
The best zone for rebuying Bitcoin is the green area.
From the green zone, we expect Bitcoin to move toward the specified targets.
The closure of a daily candle below the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Powell’s Speech & Bitcoin’s Decline: Is More Downside Ahead? Today, Fed Chair Jerome Powell is set to speak, and traders should brace for potential market volatility! Given the recent economic data , his tone is likely to be balanced but leaning hawkish .
Why a More Hawkish Powell?
1- Strong Job Market :
Unemployment Rate : 4.1% (Still low)
Non-Farm Payrolls (NFP) : 151K (Decent, but lower than before)
Average Hourly Earnings : 0.3% (Steady wage growth)
This suggests that the labor market remains resilient, which might discourage the Fed from cutting rates too soon.
2- Inflation Still a Concern :
Wage growth and inflationary pressures persist, which means Powell may emphasize keeping rates steady longer to combat inflation.
3- Markets Are Too Optimistic on Rate Cuts :
Investors are heavily betting on rate cuts in 2024, but Powell may push back against these expectations to prevent excessive risk-taking.
Powell will likely maintain a cautious yet hawkish stance to manage expectations. Big price swings are expected across forex, crypto, and commodities—so stay alert! (Of course, this is just a personal analysis).
In addition to Donald Trump , Signs Executive Order to Create Bitcoin Strategic Reserve
Of course, today, we didn't see any strange movement in Bitcoin, and probably, the proverb " buy the rumor, sell the news " was fulfilled.
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Now let's take a look at the Bitcoin chart on the 1-hour time frame and also take help from technical analysis tools .
Bitcoin ( BINANCE:BTCUSDT ) is in a Heavy Resistance zone($93,300_$89,250) and has started to decline from Potential Reversal Zone(PRZ) .
From a Classic Technical Analysis , Bitcoin appears to move in a Symmetrical Triangle .
According to Elliott Wave theory , Bitcoin has completed the Double Three Correction(WXY) , and we should wait for the next bearish wave .
I expect Bitcoin to attack 200_SMA(Daily) again after breaking the lower line of the Symmetrical Triangle .
Note: Bitcoin is likely to pump more if the symmetrical triangle's upper line breaks.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin’s Roller Coaster Ride: More Volatility Until March 7?Bitcoin ( BINANCE:BTCUSDT ) has been acting like a Roller Coaster in the last few days, and one of the main reasons for the high momentum movements is Donald Trump's speech . Generally, this market behavior detriments investors and trades. Such movements may continue until March 7 ( Let us recall that Donald Trump will meet with industry representatives at the “first crypto summit” at the White House on March 7 ).
So please pay more attention to Capital Management these days .
It seems that Bitcoin's Main Support is 200_SMA(Daily) , which failed to break yesterday and started to increase again. Now, Bitcoin has succeeded in breaking the Resistance zone($87,100-$85,800) .
According to Elliott wave theory , Bitcoin seems to be completing a Zigzag Correction(ABC/5-3-5) .
I expect Bitcoin to once again attack the Heavy Resistance zone($93,300_$89,250) and rise to at least the Potential Reversal Zone(PRZ) .
Do you think Bitcoin is still Correcting or ready for another major up move?
Note: If Bitcoin falls below $85,000, the possibility of Bitcoin increasing again will decrease.
Note: If Bitcoin can break the Heavy Resistance zone($93,300_$89,250) and the Resistance lines, we can even hope for a new All-Time High(ATH).
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $92,786 resistance approaching, $91,375 support currently in effect, $86,305 key support from here, possible sign of reversal on 1D with RSI and MACD confirmation, can retake $94,148 support this week if no further manipulation changes it's course. Current Weekly and Previous one both looking bullish showcasing strength of the Bulls, expect resistance at $94,148-$95,878, next key support range at $80,582-$78,034.
BTC Distribution towards 65k / 50k - ExplanationIn this video, I break down why Bitcoin's market structure is shifting bearish.
I explain the distribution phase, the key signs to watch for, and why I believe price is likely to trade lower. To give you a clearer picture, I also show a real example for comparison.
🚀 Topics Covered:
BTC structure switching bearish 📉
Understanding the distribution phase
Why I expect price to drop 🔻
A real example for comparison
If you find this analysis helpful, like & subscribe for more insights!
Let me know your thoughts in the comments.
Where can Bitcoin turn bullish again? (2D)Before anything, pay attention to the timeframe of the analysis. This is a 2-day timeframe, so it will take time.
The green zone is where Bitcoin can start moving toward the specified targets. If the ATH is broken, Bitcoin could also move toward $120K and $140K. However, based on the chart, there is currently no certainty about Bitcoin’s final target.
Reaching the green zone may take more than 4 to 5 weeks.
We are looking for buy/long positions in the green zone.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BTC New Update (4H)This analysis is an update of the analysis you see in the "Related publications" section
As you can see in this analysis, the demand zone from the previous analysis was slightly hunted, but it is still valid and considered a demand zone.
We have reduced the timeframe slightly (4-hour).
Our expectation for price action is to see a slight bounce upward in this zone with some time consolidation.
After consuming the buy orders in this area and spending some time, Bitcoin may even move toward lower zones.
Let’s see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin & Trump Effect: A Short-Term Pump or Sustainable Rally?Bitcoin ( CRYPTO:BTCUSD ) started to rise as I expected in the previous post , but Donald Trump helped double the momentum of Bitcoin yesterday. But the question here is whether the correction of Bitcoin is over or if this is an increase in the chance of exit.
Bitcoin is trying to break the Heavy Resistance zone($93,300_$89,250) .
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing wave 4 and we should wait for wave 5 .
Note : Due to the high momentum of wave 3, it is possible that wave 5 is a truncated wave.
I expect Bitcoin to rise to at least $95,000 in the coming hours. The next target of Bitcoin can be Resistance lines and 100_SMA(Daily) .
What do you think about Bitcoin movement? Time to escape or wait for a new All-Time High(ATH) to be created?
Note: If Bitcoin goes below $89,000, we can expect Bitcoin to decline and the big CME Gap($91,610-$84,830) to be filled.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
B e 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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC's Potential Up to 77K & Down to 130K? Here’s WhyBINANCE:BTCUSDT has both bullish and bearish scenarios in play now.
These days, the crypto market has been stagnant—no real pump, no real dump.
🔻 If it drops, how low will it go?
There’s a potential multiple-top pattern.
If CRYPTOCAP:BTC breaks below the neckline at $92,000 with volume—or fails to reclaim it—then the target drop sits at $77,000.
🚀 If it pumps, how high can it go?
A potential multiple-bottom pattern is forming.
If MARKETSCOM:BITCOIN breaks above the neckline at $107,000 with volume—or successfully retests it—then the target is $130,000.
🔥 Short-term strategy
The Feb 3rd candle had significant volume and has been a key resistance level multiple times.
This makes it a strong reference point for entries.
(See orange & light blue arrows.)
1️⃣ Long Setup
Entry trigger: $102,500 (Feb 3rd high)
Stop loss: $91,231 (Feb 3rd low)
2️⃣ Short Setup
Entry trigger: $91,231 (Feb 3rd low)
Stop loss: $102,500 (Feb 3rd high)
💡 Prices vary across exchanges. Use the prices from your trading platform.
🔴 Read my signature & publications for more info you don’t want to miss.
🔥 for more future script "guesses" like this!
Long Story short for BTCHistory hasn't failed yet, so the four-year cycle is still intact until it isn't. I have stretched this chart out for the next couple of years so that you can get a good idea of where the potential bottom will be during the next bear market. I plan to accumulate as much as possible the closer it gets to 66k. If we do reach a 150-250k top this cycle then I will expect a bear market bottom between 66-76k. Watch my levels and use them as a guideline. Historically Bitcoin has NEVER returned to the price its low during the US election week:
2012 Election Week Low - $10
2016 Election Week Low - $700
2020 Election Week Low - $13,200
2024 Election Week Low - $66,800
that brings us to now... if this doesn't indicate the current market sentiment then I don't know what will. There's a reason why many genius economists are speculating a 1 million dollar bitcoin in the next 8 years.
BTCUSD Bullish Breakout: Targeting 88,000 and BeyondBTCUSD Bullish Target Analysis
BTCUSD has successfully broken out of the **descending channel**, indicating a potential trend reversal to the upside. The price is currently retesting the 85,272 support zone, which aligns with a rounding bottom pattern—typically a bullish continuation signal.
If this support holds and buyers step in, BTCUSD could see upward momentum toward its next key resistance level. The first bullish target is 88,000, which aligns with the previous price structure. A strong breakout above 88,000 could push BTCUSD toward 89,500–90,000, where sellers may re-enter the market.
To confirm further bullish momentum, BTCUSD needs to maintain support above 85,000 and show increasing volume on the breakout. If it fails to hold this level, a potential retest of lower zones may occur before another push higher.
TARGETS 88,000 - 89,500 - 90,000
STOP LOSS 83,000
Bitcoin Roadmap: Breaking the Broadening Wedge – A Buy Signal?After the tariffs that Donald Trump approved for the European Union and China , Bitcoin ( BINANCE:BTCUSDT ) received a shock with each approval. Otherwise, Bitcoin should have returned to the upward trend, at least in the short term.
Bitcoin seems to have failed to break 200_SMA(Daily) , and most of the time the invalid break is accompanied by the opposite movement of that break with high momentum. Also, Bitcoin seems to have broken the Resistance zone($83,530_$82,250) and is pulling back to this zone .
In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in completing the Descending Broadening Wedge Pattern .
According to the theory of Elliott waves , Bitcoin seems to have completed five downward waves and we should expect Bitcoin to rise .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys .
I expect Bitcoin to rise AFTER breaking the upper line of the Descending Broadening Wedge Pattern up to the targets I specified on the chart.
Do you think Bitcoin correction is over?
Note: If Bitcoin goes below the 200_SMA(Daily), expect more dumps.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin’s Candlestick Pattern- Reversal Signal Confirmed?As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) started to fall with the help of a Symmetrical Triangle Pattern .
Bitcoin is moving near Support lines and the important Potential Reversal Zone(PRZ) .
According to the theory of Elliott waves , Bitcoin seems to have successfully completed its 5 downward impulse waves . One of the signs of the completion of the main wave 5 is the Regular Divergence (RD+) between two consecutive valleys .
Another sign of Bitcoin's reverse can be the Hammer Candlestick Pattern .
Let's take some risks today and swim against the current, but please follow capital management and follow your strategy .
I expect Bitcoin to rise to at least the Heavy Support zone($93,300-$90,500)(broken) after breaking the Resistance zone($88,200-$87,450) .
Do you think Bitcoin can rise to at least $90,000 again?
Note: If Bitcoin goes below $84,500, we can expect more dumps .
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.