BTC/USDT CHART UPDATE !!BTC has sustained its move above the descending trendline, indicating a valid breakout with continued bullish momentum.
The green zone between $92,000–$96,000 remains a critical support area. Any pullbacks into this region could present buying opportunities.
The 50-day SMA (red) at $98,596 is trending upwards, providing additional dynamic support.
BTC is trading above key moving averages, reinforcing the positive trend.
The chart suggests a potential pullback followed by a continuation to the upside.
The projected path (orange line) targets the $112,000–$116,000 resistance zone.
Assess volume during pullbacks to ensure strong accumulation support for the upward trend.
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
Btcshort
Buy When Others Sell, Sell When Others Buy – Time to Reflect.The current market sentiment is overwhelmingly bullish. The anticipation surrounding Trump’s inauguration and the potential for pro-crypto regulations has created massive optimism for continued upside. But isn’t this the perfect time to ask – is now a good moment to lock in some profits?
On the chart, I’m showcasing two of my custom indicators: PrimeMomentum Long Term Signal BTC and Weekly Peak Finder. Both indicators are based on long-term analysis and have historically been extremely reliable at identifying key market turning points.
Current Situation
🔸 Both indicators have flashed simultaneously. Historically, such occurrences are rare and have consistently signaled significant downward movements.
🔸 Historical correction analysis:
For Weekly Peak Finder, after a bearish signal:
- The first correction resulted in a 25% drop.
- The second correction saw a 65% drop.
- Now, with both indicators flashing together, the market has only dropped by around 5%. This is the smallest correction in history following such combined signals. Is this really it, or is the market preparing for a larger move downward?
Can we assume this time is different and the correction is over? Or is the current euphoria and optimism masking a potential larger drop?
My Decision
Considering the historical reliability of these indicators and the fact that both are flashing simultaneously, I’ve decided to lock in 50% of my BTC position. This approach allows me to secure profits while still leaving room for potential further upside.
Is the market gearing up for a historic rally, or is this the perfect setup for a deeper correction? I’d love to hear your thoughts – what’s your take on this setup?
ARKUSDT Trendline Betrayal Bearish Plunge !Trendline Break
The chart shows a clear upward trendline that has been broken. This break indicates a potential shift in market sentiment from bullish to bearish.
Retest Confirmation
After breaking the trendline, the price retraced upward, testing the previous trendline as resistance (red zone). This is a classic confirmation for a short setup.
Entry and Risk Zone
Entry :The short position is initiated just below the retest of the trendline, around the price of 0.5510.
Stop-Loss : Placed slightly above the retest zone, around 0.5897, to minimize risk if the price reclaims the trendline.
Target Zone
The blue area indicates the take-profit target, with a potential level around 0.3908. This level might have been chosen based on prior support or Fibonacci retracement levels.
Risk-to-Reward
The setup has a favorable risk-to-reward ratio, with the stop-loss relatively close to the entry and a much larger distance to the target.
Market Context
The sharp drop in price following the trendline break signals strong bearish momentum. Ensure that this move aligns with higher timeframes and broader market sentiment for confirmation.
Key Considerations
Watch for any sudden buying pressure or market reversal signs that could invalidate the setup.
Volume analysis can provide additional confirmation for the strength of the trendline break and the retest rejection.
Stay disciplined with stop-loss placement to manage risk effectively.
Book profits with usual profit locking rule of 10% by moving SL to BE for safe ride
BTC/USDT – chart analysis. BTC is testing a crucial descending trendline that has acted as resistance over the past several weeks.
The 21 EMA (black) is above the 50 EMA (red), indicating short-term bullish momentum.
Price action near the moving averages suggests a potential breakout or rejection scenario.
$100,000 – $102,000: Immediate resistance zone aligned with the descending trendline.
A breakout above this zone could trigger a rally towards $110,000 – $114,000.
$97,000 – $95,000: Strong demand zone. BTC needs to hold above this zone to maintain the bullish momentum.
Below $94,000, BTC could revisit the crucial support zone of $92,000 – $90,000 (highlighted in green).
A confirmed breakout above $100,000 with strong volume could take BTC towards $110,000 – $114,000, invalidating the downtrend.
If BTC gets rejected at the descending trendline, it could retest the $95,000 level. A break below this level could push BTC towards $92,000.
Volume Profile: Increased volume near the resistance trendline is crucial for a breakout.
RSI (not visible on the chart): Monitor overbought or oversold conditions for additional confirmation.
Breakout Entry: Enter a long position above $100,000, target $110,000 - $114,000. Stop-loss below $98,000.
Rejection Short: If BTC rejects $100,000, enter a short position, target near $95,000 - $92,000.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
Bitcoin's Midweek Liquidity Play Detailed Analysis Bitcoin's Price Analysis Based on Current Market Conditions
1. Bullish Price Action from CPI Triggers
Recent Consumer Price Index (CPI) data has provided a significant bullish trigger, aligning with the market's expectation of reduced inflationary pressures. This macroeconomic indicator is a key driver, as it reassures investors about the Federal Reserve's potential to maintain or reduce interest rate hikes. Bitcoin's price has reacted positively, with a clear bullish breakout, showing strength in its upward trajectory. The CPI induced move is critical as it reflects institutional confidence and a shift in liquidity toward risk-on assets like Bitcoin.
2. Midweek Reversal Dynamics
Retailer FOMO at Play
Historically, Wednesday and Thursday are pivotal days for Bitcoin's price action, often characterized by reversals. This behavior is driven by a mix of institutional repositioning and retail traders' emotional responses. Currently, retail traders appear to be in a state of FOMO (Fear of Missing Out), entering positions aggressively as Bitcoin pumps. This scenario creates a ripe environment for market makers to exploit, as over leveraged long positions begin to dominate. A liquidity sweep targeting stop loss clusters below current support levels is highly probable.
3. Stop-Loss Sweep and Liquidity Dynamics
The chart indicates that a significant number of stop-loss orders are concentrated around the $98,600 level, just below recent support. This aligns with a 4-hour imbalance zone, which remains untested. Market makers are likely to drive the price down to this level to fill pending orders and collect liquidity. Such a move would shake out weak hands before the price regains upward momentum.
Following the liquidity sweep, a strong pump is expected toward the $102,400 zone, a key area of interest where previous imbalances and institutional orders are likely stacked. This zone serves as a springboard for the next leg of the rally.
4. Projection to Key Levels: $108,362 and Beyond
Once liquidity at $98,600 is absorbed and the $102,400 zone is reclaimed, Bitcoin is poised to target the next major resistance at $108,362. This level aligns with a confluence of technical factors, including previous highs and Fibonacci extensions. Breaking this resistance would open the path to the $110,000 psychological level, further validating the bullish macro trend.
Bitcoin's price action is entering a critical phase influenced by macroeconomic triggers, market structure, and liquidity dynamics. Traders should remain cautious of midweek reversals and liquidity sweeps, while positioning for potential upside targeting $108,362 and beyond. Proper risk management is essential, given the market's high volatility and the potential for unexpected deviations.
"BTC Head and Shoulders Breakdown: Key Sell Zone at $98,000 withBased on the chart:
- **Pattern Formation**: A classic Head and Shoulders pattern is visible, indicating a potential bearish reversal. The price action has tested the neckline, followed by a possible retest near the "right shoulder."
- **Key Zone**: The area around $98,000 is marked as a "possible sell zone" and aligns with the retest of the neckline.
- **Breakout and Retest**: The price seems to have broken the neckline of the Head and Shoulders pattern and is currently retesting it. If the retest holds as resistance, a strong downside move could follow.
- **Target Levels**: Based on the projected move, the target appears to be around $79,350, with intermediate zones likely around $90,000–$87,000 for partial profit-taking or reactions.
- **Strategy**: A sell setup near $98,000, with invalidation if the price closes convincingly above the neckline, could be considered.
BTC on the Edge Falling Wedge Breakout & CPI Impact Awaited !The chart shows Bitcoin (BTC/USDT) on the 4-hour timeframe, moving within a falling wedge pattern
The falling wedge pattern is a bullish continuation/reversal formation, where the price compresses within converging trendlines. BTC has been respecting the pattern's boundaries, suggesting a potential breakout. The immediate resistance zone at $97,200 has been tested multiple times, but the price has faced consistent rejections, indicating strong selling pressure in this area.
For a bullish breakout, we need a 4-hour candle close above $97,200. If this happens, it could trigger a strong upward momentum, with a target potentially extending towards the $104,000 region, aligning with previous highs.
The presence of CPI (Consumer Price Index) data release today adds an external factor of volatility. Economic data like CPI can significantly impact the market sentiment, especially in crypto, as it reflects inflation levels and can influence risk-on or risk-off market behavior.
Traders should exercise caution and consider these key factors
Monitor the wedge breakout closely.
Await a confirmed 4-hour candle close above $97,200 before entering a long position.
Use proper risk management, as the market is expected to be volatile due to the CPI data.
BTC is on the verge of a potential breakout. However, external factors like CPI data can amplify volatility. Wait for confirmation and trade cautiously.
BTC/USDT 4-hour chart !!The BTC/USDT 4-hour chart highlights key technical levels and potential market movements:
Bitcoin has rebounded strongly from the green horizontal demand zone near $92,000-$94,000, indicating that buyers are coming to defend this crucial level.
A descending trendline continues to act as resistance around the $98,000-$100,000 range. A breakout above this line will signal a shift in momentum towards the bulls.
The recent surge indicates renewed buying interest, and if Bitcoin maintains this upward momentum, it could challenge the descending trendline in the near term.
A breakout above this resistance could open the door for further gains, potentially targeting the $102,000-$105,000 range.
Moving Averages:
The 21-period moving average is currently at $94,105 and could act as a dynamic support level if the price pulls back.
A clean break above the descending trendline could start a strong upward rally, with higher price targets in sight.
If Bitcoin fails to move above the trendline and reverses, retesting the green demand zone becomes possible. A breakdown below this zone could trigger further upward pressure.
Traders should keep an eye out for a decisive breakout or rejection at the trendline to confirm the market’s next direction.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
Resistance Broken? BTC Aims for $96K!Falling Trendline Breakout
Bitcoin has broken above a descending trendline resistance, indicating a potential shift in momentum from bearish to bullish.
Entry Zone
The recommended buy zone is $91,500 to $90,500. Price is currently within this range, making it an ideal area for a long entry.
Stop Loss
A tight stop-loss at $89,500 helps minimize downside risk if the breakout fails.
Targets
Target 1: $92,000
Target 2: $93,000
Target 3: $94,000
Target 4: $95,000
Target 5: $96,000
Risk Management
Stop-loss placement is critical to avoid potential losses, with a strong downside risk below $89,500.
Recommendation
Watch for a sustained close above the breakout level and monitor volume confirmation for continued upside momentum. This trade aligns well with a bullish reversal structure and offers multiple profit-taking levels.
Bitcoin CME Futures Analysis: Key Support and Resistance LevelsIn this analysis, I delve into the current price action of Bitcoin CME Futures, highlighting critical resistance and support zones based on the recent market structure. The insights provided aim to assist traders in understanding potential market movements and identifying key areas of interest.
Resistance Zone:
The chart shows a clear rejection from the highlighted resistance zone (purple box) around the $108,000-$112,000 price level. This zone has proven to be a strong ceiling, where sellers have taken control and pushed the price downward. The rejection confirms that this level is significant and should be monitored closely for future price movements.
Support Zone:
On the downside, we observe a critical support level around the $80,655-$77,965 range (yellow box). This zone is derived from a confluence of historical price reactions and psychological round numbers. If the price reaches this level, we might see strong buying interest, which could act as a reversal point.
Market Structure
Currently, the market appears to be in a corrective phase, with lower highs forming after the rejection from the resistance zone. A potential move towards the identified support zone could serve as a critical test for buyers. If the price breaks below this level, it may signal a deeper correction or trend reversal.
BTC/USDT CHART UPDATE !!#BTC breaks above the descending trendline and reclaims the 50-day MA, it could signal renewed bullish momentum.
The breakout will likely initially target $97,500-$100,000, and further upside towards $107,500 is possible.
Failure to hold the support zone ($92,500) could lead to a deeper correction.
The next major support is near $87,500, with extended downside risk towards the beige zone (around $80,000-$75,000).
A continued sideways movement is possible if BTC remains range-bound between $92,500 (support) and $97,500 (resistance).
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
Bitcoin’s Next Move Major Breakout or Breakdown ?Chart Pattern
The chart displays range-bound trading between key levels of $91,535.66 (support) and $95,752.48 (resistance).
A recent pullback from the upper resistance indicates potential consolidation before the next significant price movement.
Key Insights
1.Current Price Action
Bitcoin is trading near $94,181.41, below the immediate resistance zone of $95,752.48.
The price has been rejected multiple times at the upper resistance, signaling a strong supply zone.
2. Potential Breakdown Scenario
If BTC breaks the $91,535.66 support, the next potential downside target could be $90,000 or lower.
Volume confirmation and momentum indicators would be crucial for validating a downward continuation.
3.Bullish Reversal Possibility
If BTC holds above $91,500, it may bounce back to test $95,750 again.
A breakout above $95,750 could target higher levels, with $100,000 being the psychological resistance.
Trading Plan
Bearish Setup
Short below $91,500 with a target of $89,500–$90,000.
Bullish Setup
Long above $95,750, targeting $98,000–$100,000.
Market Sentiment
Neutral to Bearish, Caution is advised until clear breakout/breakdown confirmation is observed.
The market remains unstable, with both upside and downside risks. Stay alert for macroeconomic news and BTC dominance trends.
BTC/USDT 1D chart reviewHello everyone, let's look at the 1D BTC to USDT chart, in this situation we can see how the price is moving in a local downtrend channel where the price bounced from the upper border of the channel and quickly started to recover.
Let's now start by defining a stop-loss in case of further declines in the market and you can see how the price rebounded from the first support at the level:
SL1 = $94285
SL2 = $92209
SL3 = $89,541
SL4 = $85,924
Let's now move on to defining the goals for the near future that the price must face:
T1 = $97131
T2 = $100036
T3 = $103179
T4 = $105491
Looking at the RSI indicator, we see that there is still room to continue the recovery, and such a situation could bring the price to around $89,000.
BTC - SHORT - Tempting but dangerous tradeBTC is facing a major resistance at 100k. I expect a drop at least in 4 hours timeframe. This is a very risky trade because shorting BTC and in a bull market is not at all advisable. Personally I think it will most likely go close to the POC (97500~) and then go up. Likewise, if the 91k is broken strongly, we will go to very low areas and it is very tempting to let it go. The weekly is still a latent possibility to go to low levels. But nothing is certain and we can easily go in any direction. I would not short BTC for a long time or with a high margin. So this trade must be constantly protected. Be careful.
TP 1: 96500 ~ 97500 (protect trade - POC)
TP 2: 93100 (support)
TP 3: 91600 (daily support)
Bitcoin (BTC): Rise up to $135,000 or drop to $80,000-$90,000The current market situation is uncertain. The market often moves contrary to public sentiment. Currently, most expect a correction. ETF inflow/outflow data indicates significant outflows from December 19, 2024, to January 2, 2025, which is evident in the BTC chart. On January 3, 2025, there was an inflow of $905M.
In a bearish scenario, panic could dominate the market, making it difficult for BTC whales to sustain distribution above $100,000. However, if a bullish scenario unfolds, the $91,000–$108,000 zone could act as a strong support level after a price increase to $135,000 or the 161.8% Fibonacci level. This bullish scenario would become even more significant if the growth aligns with major international events at the end of January, February, or March. 👀
1. Bullish Scenario:
The price breaks through the current resistance levels, targeting up to $136,000 or the 161.8% Fibonacci level.
2. Bearish Scenario:
A correction to the $80,000–$90,000 range or the 38.2-61.8% Fibonacci levels, with a potential test of the $88,000 support level aligned with the 800 EMA.
👇
About Me:
I maintain a personal trading journal. I don't possess extrasensory abilities or insider information.
Disclaimer:
Trading involves risk—always do your own research and seek professional advice. We are not responsible for any financial losses. #DYOR
Share your thoughts in the comments below 👇
BTC/USD Analysis BITSTAMP:BTCUSD here are some insights based on the setup:
**Key Observations:**
1. **Resistance Zone:**
- The shaded gray zone around **98,000–100,000** acts as a resistance area.
- The price is currently testing this zone, and you are waiting for **bearish confirmation** to consider a sell position.
2. **Support Zone:**
- A significant support level is marked at **91,098**. This would likely be your first target if the bearish setup is confirmed.
- If this support level breaks, it could open further downside opportunities.
3. **Trend Indication:**
- The price is below the longer-term moving averages, suggesting a broader bearish trend.
- The recent upward move may be a retracement into the resistance zone.
4. **Bearish Confirmation:**
- You're likely looking for a clear rejection pattern (e.g., bearish engulfing, pin bar, or other candlestick patterns) or a lower low on smaller time frames near the resistance zone before executing a sell.
**Trading Plan:**
**For a Sell Position:**
- **Entry:** Upon bearish confirmation (e.g., a rejection from 98,000–100,000).
- **Target 1:** **91,098**, as marked on your chart.
- **Target 2:** Further downside if 91,098 breaks (e.g., levels like 88,000 or 86,000 can be monitored).
- **Stop Loss:** Above the resistance zone (e.g., around 100,500 or 101,000, depending on your risk tolerance).
**For a No-Trade Scenario:**
- If the price breaks above 100,000 with strong bullish momentum and no rejection patterns, it invalidates the bearish setup, and you'll wait for a new opportunity.
**Additional Considerations:**
- Keep an eye on **volume**: Strong rejection at resistance with high selling volume can validate the trade.
- Look for confluences with RSI or MACD divergence (if applicable) for added confidence.
- Monitor for external catalysts (e.g., macro news or BTC-related events) that might influence the price action.
Bitcoin Update !The price previously moved within an ascending channel but broke downwards.
After the breakdown, BTC consolidated in a falling wedge pattern and is now breaking upwards.
The red line (possibly the 50 MA) and the black line (possibly the 20 MA) indicate a bearish crossover during the breakdown.
The price is now attempting to rise above both moving averages.
It appears that BTC has successfully broken out of the wedge pattern.
A retest of the breakout level around $94,000-$95,000 may occur before further upside.
The hand-drawn curve suggests a bullish scenario, targeting levels around $110,000-$112,000 in the medium term.
Before the uptrend resumes, there could be a pullback or correction around the $102,000-$104,000 area.
Key Levels:
Support: $94,000, $92,000
Resistance: $100,000, $104,000, $112,000
The breakout from the falling wedge is a bullish signal, and if BTC stays above the moving averages and key support levels, a move toward $110,000 is possible. However, keep an eye on a potential retest of $94,000 for confirmation.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
BTC/USD Short: FibCloud Rejection and 200MA TargetOn the 8-hour BTC/USD timeframe, I have executed a short position following a clear rejection from the FibCloud, signaling strong resistance at this level. The price action showcases a classic flip of old support into new resistance, further solidifying bearish momentum.
My target for this trade is the $90,000 price zone, aligning with the 200MA on the 8-hour chart. Additionally, order flow data confirms significant sell-side activity, with large orders clustered between the $90,000 and $89,000 levels, providing further confluence for this setup.
The trade is structured to capitalize on the retracement move, with the potential for price consolidation or reversal upon hitting the $90K psychological and technical support zone.
Technicals:
• Entry Trigger: Rejection from FibCloud and resistance flip.
• Target: $90,000 (aligned with the 200MA and key order flow levels).
• Stop Loss: Positioned above the FibCloud to mitigate risk.
• Order Flow Insight: Large sell orders between $90,000–$89,000 add weight to the bearish scenario.
This setup emphasizes a disciplined approach to risk management, leveraging technical and order flow alignment for optimal execution. Stay sharp, and remember to pay yourself!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
BTC SHORT TP:88,000 20-12-2024I am looking to open a short position in BTC, with a target set below 88,000. Entry points are available both now and below 101,000. It is essential to set stop losses above 103,200 to safeguard the investment. This movement is expected to unfold within a timeframe of 4 to 8 days. As the trade progresses, I will provide updates, so to stay informed, I invite you to activate notifications and follow me. #Bitcoin #Trade
BITCOIN's Distribution, Greed and Dutch TulipsThe **Tulip Mania** of the 1630s was the original bubble—and it was as absurd as it was dramatic. Picture this: a single tulip bulb sold for the price of a luxurious Amsterdam townhouse. Traders flipped tulips like hotcakes, fortunes were made overnight, and the humble flower became a symbol of outrageous wealth and speculation.
Then, in February 1637, the fever broke. Buyers disappeared faster than a Dutch winter thaw, and the market collapsed like a poorly built dike. Those who had mortgaged their futures for tulips were left with nothing but petals and regret. It was a dazzling rise and a catastrophic fall—a timeless lesson in the dangers of speculative greed!
🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉
Why do I write about the Tulip Crash?
These days, not many young Trader and Investors know about it. And why not learn from the past?
Happy profits all.
BTC ShortThe chart reveals a classic distribution pattern in the Bitcoin market, marked by a significant peak followed by a consolidation phase. Distribution occurs after a strong uptrend, and as the price stalls and starts to move lower, it signals a potential reversal.
Our target is set at the 50% retracement level of the upmove, located around $78,682. This level represents a key support area and is a typical target for a corrective pullback after a distribution phase.
Price has shown weakness at the recent highs, and as we move forward, we anticipate further downside toward this target zone which would offer a nice buying opportunity in discount for further upside.