BTC/USDT weekly chart displays an important pattern. Current Price Action: Bitcoin is trading around $92,766.71, a notable position just below the recent highs.
Resistance Area: A clear resistance level is represented by the horizontal line near $100,000. This level has proven difficult to break, and price action will soon determine if it can reclaim this area.
Cup and Handle Pattern: The chart shows a potential cup and handle formation, which could indicate bullish sentiment if the price breaks above resistance. This pattern has a rounded bottom formed in early 2022 and late 2023.
Volume Analysis: It is important to analyze volume alongside price moves. A breakout above resistance will ideally be supported by high volume to confirm strength.
Potential Support Level: If the price pulls back, the green highlighted area provides support, which traders could view as a buying opportunity.
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Btclong
BTC BOTTOM $ - 100% Never Fails (2013 - Today)Bitcoin Weekly Chart Going Back To 10+ Years
We are looking at the BitStamp Green Support Line here that has Marked the bottom correctly before 100% of the time for each each bull cycle pump on bitcoin going 3/3 without fail.
We are now looking to see if we can go 4/4 and mark the new bottom buy with a quick wick down to the green support currently around 73K+ this week, but as each week closes the bitcoin bottom number will rise as the green support line rises over time.
Good luck. Let's see if the 4th time is also the charm.
$BTC sideways for now, long-term uptrend intactI’m waiting for CRYPTOCAP:BTC to tap 102k again, or for the yearly open at 93k. Not much happening at the moment, but I see it moving higher.
Most likely, we’ll trade within January’s candle and form an inside bar. The inflection point will be at the extremes of that candle for short-term trades. If it decides to break January’s low, I’d see that as a potential re-entry point.
So, in short:
Continuation above 102k
First possible entry at the yearly open (I think many are watching that area)
Second entry at January’s low (optimal for me)
For now, it’s just consolidation.
BTC/USDT Chart Update !! BTC/USDT price movement over some time from mid-2020 to early 2025.
Price Action: Prices have experienced significant fluctuations, forming a series of peaks and troughs. The recent price has been around 84,618 USDT.
Resistance Level: The highlighted area around 96,500 USDT indicates a potential resistance level that the price may struggle to break.
Technical Pattern: The chart suggests a “cup and handle” formation, indicating a potential bullish trend if the price breaks through the resistance.
Recent Decline: The current decline of around 12.09% suggests a correction or retracement may be in store after the recent rally.
It would be prudent to monitor market news and technical indicators for the latest updates to anticipate future price movements.
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BTC Long back to the MeanBitcoin has recently broken out of its prior range, sweeping liquidity below key levels.
This setup presents a potential mean reversion opportunity, expecting price to revert back into the range. The target for this trade is around 96,785.2, aligning with the previous consolidation area.
Key Levels:
Entry: Current price region (~89,310)
Target: 96,785.2 (Mean reversion level)
Stop-Loss: 85,969.9 (Below liquidity sweep)
Trade Execution:
Entry Confirmation: Signs of rejection from the liquidity grab area / MSB on 2h
Risk/Reward: Favorable setup with a good R:R ratio.
Stop Placement: Below the liquidity sweep to prevent early invalidation.
Conclusion:
The market has grabbed liquidity and is now positioned for a move back into the range.
If bullish momentum continues, we expect price to revert toward the 96,000 level.
BTC dumpTime to Rejoice....Either you just bought the bottom or you are going to get some heavily discounted btc....we are running out of supports....and then the. previous resistance will become support....which was the all time high
I think that the $86,6xx support i think will act as a support heading into the weekend....stay tuned
Time To Hunt Bitcoin - Buy from Support to Major ResistanceThe setup focuses on buying from strong support zones and riding the price up to multiple take-profit targets.
Entry Strategy:
Entry 1: Around $84,910.7, which aligns with a key support zone.
Entry 2: Around $78,430.4, a deeper support level in case of further downside.
Risk Management:
A stop loss at $65,523.5 ensures capital protection in case of a breakdown below major support.
Take Profit Levels:
Take Profit 1: $99,009.6 – First resistance area where partial profits can be secured.
Take Profit 2: $106,102.9 – A key level where momentum may slow down.
Take Profit 3: $110,919.3 – The final target in case of a strong bullish rally.
Trade Scenario:
Bullish Case: If price holds above Entry 1, a bounce towards Take Profit levels is expected.
Bearish Case: If price drops below Entry 1, the next support (Entry 2) offers another buying opportunity.
Stop Loss Activation: If BTC drops below $65,523.5, the trade is invalidated, preventing further losses.
This trade plan follows a risk-reward approach, focusing on capital preservation while targeting high-probability reversal zones.
OKX:BTCUSDT.P BINANCE:BTCUSDT BINANCE:BTCUSDT BITSTAMP:BTCUSD KUCOIN:BTCUSDT COINBASE:BTCUSD BITSTAMP:BTCUSD
BTCUSD Buy Limit OrderHey guys...
I've expected bitcoin to fall, and now I think its the time and I think this area is the area that it would have a stop for a pull back and I'm gonna set an order.
I'll update the TPs later.
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
Looking at the BTC/USDT weekly chart,The current price of Bitcoin is around $92,214, which represents a recent decline of around 4.2%. This indicates some selling pressure in the market.
The chart displays a classic cup and handle pattern, which is generally bullish. A consolidation (handle) followed by a rounded bottom (cup) suggests the possibility of a breakout if the price crosses resistance.
There is a significant horizontal resistance near $96,500. A successful breakout above this level could signal a new upward trend.
The price is currently above key support, but a move below $90,000 could be significant. If it stays above this level, it could signal continued bullish sentiment.
The general trend appears upward since early 2023, supporting the bullish outlook until key resistance levels are broken.
Consider monitoring volume and other technical indicators to confirm trend strength, especially during potential breakout attempts.
If you have specific questions or need insight on particular aspects of the charts, let me know!
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Rinse & Repeat !!!Hello everyone, a happy new trading week to you all !.
This setup is particularly a short-term buy for those looking to take advantage of BTC's range that has been refusing to take a side.
A good RRR trade that's sure to make you a bit of money. Use proper risk and money management (risk what you're willing to not get bothered by) and most especially, do your own analysis for extra confluence !.
TOTAL MARKET CHART UPDATE !!The chart shows the total cryptocurrency market capitalization trend. It shows a range-bound movement within parallel lines, indicating potential resistance and support levels.
Here are some key points you may find useful:
Current market capitalization: approximately $3.13 trillion.
Resistance and support: The upper and lower lines indicate levels where the price has historically reversed.
Trend analysis: The price seems to be consolidating, which could lead to a breakout or breakdown.
Keep an eye on the market to see if it breaks out of this range!
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BTC/USDT 4HOUR CHART UPDATE !!The BTC/USDT chart shows a symmetrical triangle structure, indicating a period of consolidation. The price is around 99,098.28 USDT, and it appears to be approaching the triangle's upper trendline.
The lower trendline suggests a support level near 94,000 USDT.
The upper trendline acts as resistance, around 100,000 USDT.
Possible Movement: A breakout above the resistance could lead to upward momentum, while a drop below the support could indicate a bearish trend.
Monitor the trading volume during these breakout attempts to confirm the direction!
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BTC Bullish Continuation (Another Top OR New Prominent High?)BTC price seems to exhibit signs of overall bullish continuation as the price action may form a credible Higher Low on key Fibonacci and Support levels.
There might be a possibility that BTC may break it's All Time High Price of 109588. It might be worth observing price the action further if 109588 breaks. A potential break may be indicative of another top OR new prominent high (if the range considerably breaks).
Trade Plan :
Entry @ 97389.73
Stop Loss @ 87000
TP 1 @ 107779.46 (Before All Time High)
TP 1.5 - 2 @ 112975 - 118169.19 (After All Time High)
Ride Further with Caution if TP1 hits and move Stop Loss to Break Even if TP1 hits as well.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Back above $95,878 support, $97,780 resistance in effect, previous 1D closed with bullish engulfing, time to see if current daily can follow thru. RSI and MACD on 1D looks good with potential to test $99,361, with weekend approaching current weekly also looks pretty good, Current support at $95,878, continue watching given s/r.
BTC at a Crossroads: Breakout or BreakdownBTC/USD Technical Analysis
Bitcoin (BTC) has been consolidating within a symmetrical triangle pattern, indicating indecision in the market. A breakout in either direction could determine the next major move.
Key Levels to Watch:
Bearish Scenario: A confirmed breakdown below $92,000 could trigger a sell-off toward $72,000, aligning with the untested breakout zone around $70,000, which BTC never retested after surpassing it.
Bullish Scenario: A successful push above $107,000 would invalidate the bearish outlook and signal further upside momentum, potentially leading to new highs.
Market Outlook:
A break above or below the symmetrical triangle will likely set the next trend direction.
Volume and momentum indicators should be monitored for confirmation.
If BTC remains within the triangle, expect continued ranging until a decisive breakout occurs.
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
BTC/USDT weekly chart update, here are some key observations: The price is around $96,063, hovering near the resistance zone slightly below $100,000. This indicates that the market is still testing higher levels.
Potential Head & Shoulders Pattern:
This formation appears to be a head and shoulders pattern, which is often seen as a bearish reversal signal. The left shoulder, head, and right shoulder are recognizable, and a breakdown could indicate downward momentum.
The overhead resistance barrier near $100,000 has proven challenging, and failure to break this level could increase selling pressure.
If the price declines, the chart suggests looking at support around $80,000. This level appears to be crucial for maintaining upward momentum.
Green areas indicate bullish momentum in previous cycles, but if the current pattern persists, some traders may start positioning for a potential decline.
Traders should keep an eye out for a breakout above $100,000 for bullish confirmation or a decline below support levels around $80,000, which could signal entering a bearish trend. Keep an eye on volume and market sentiment as these can significantly influence price movements.
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Probabilistic thinking. Using Technical logic to get odds.Markets are simple if you think about it.
moderate and long range resistance -- is the best odds for rally.
"horizontal" or 50-50 supports -- risky.
steep supports mean high demand, strong trends. Buying at such supports, at worst it bounces to the upside. (High market with strong trend can mean reversals)
rule: break outs always must coincide with 200dma rallies.
Bonus.
High market, strong trend -- best odds for reversal .
50-50 resistance, with weak support --> trickster market. (trap)
strong trend but no flying 200dma --> trap.
50-50 resistance with strong trend, high market, but weak 200dma ---> good odds for reversal.
keeping it simple.
P.S. this method shows why odds favor BTC reversal . Or why 110/120k had to be peak point. for now.
BTC/USDT chart analysis.BTC is hovering around the previous trendline and will be testing it as potential support after the breakout.
So far, it remains above the green demand zone ($92,000 – $95,000), indicating buyers are stepping in.
100-day MA (purple line): BTC bounced off this level, reinforcing its significance as a dynamic support.
BTC remains above it, a bullish sign, but a breakdown could change the momentum.
Support: $92,000 – $95,000 (green zone).
Resistance: $100,000 – $102,500, which has been a selling zone recently.
Do you want a trading strategy based on this setup?
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Bitcoin Trading Thesis – February 11, 2025🔹 Current Price: $98,402
🔹 Action: OPEN LONG (Buy BTC)
🔹 Target: $100,500 📈 | Stop-loss: $96,500
🔹 Confidence Level: 85% ✅
Why is BTC Looking Bullish?
✅ Market Sentiment: Strong financial & order book indicators suggest bullish momentum.
✅ Technical Signals: RSI & MACD show upward momentum, signaling a potential breakout.
✅ Derivatives Data:
Funding Rate: Positive ➝ Traders paying a premium to long BTC.
Open Interest: 76,854 BTC ➝ High participation in futures, supporting bullish activity.
✅ Order Book Imbalance: Increased buy pressure from large market orders.
Key Scenarios
📊 Bullish Case (Higher Probability)
If BTC holds above GETTEX:98K , strong momentum could push it to $100,500 🚀.
Breaking $100K could trigger FOMO buying and push prices even higher.
📉 Bearish Case (Lower Probability)
If BTC fails to hold GETTEX:97K , it could retest $96,500 support before another move up.
A break below $96,500 would invalidate the bullish thesis.
Trading Strategy
🔹 Entry: Look for pullbacks near GETTEX:98K for better positioning.
🔹 Stop-loss: Tight risk management at $96,500.
🔹 Target: First take profit at $100,500, reassess for further upside.
💭 Will BTC finally break $100K, or will it pull back first? Drop your thoughts! 👇