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BTC Breakout Potential or ConsolidationKey Technical Points: Support Levels: Immediate support is seen around $49,477, which aligns with a crucial Fibonacci retracement level. Resistance Levels: The primary resistance is around $62,239, coinciding with recent highs and a critical Fibonacci level. Moving Averages: The daily 50MA is acting as a dynamic support level, indicating a bullish sentiment as long as the price remains above this average. Volume Analysis: Trading volume is decreasing, suggesting a potential breakout is imminent. A surge in volume could confirm the direction of the next significant move. Outlook: The BTC/USD pair is poised for a decisive move. A breakout above $62,239 could signal a continuation of the uptrend, targeting higher levels around $73,648. Conversely, a breakdown below $49,477 might lead to a retest of lower supports around $44,000. Conclusion: The current consolidation phase within $49,477 to $62,239 is critical. Traders should watch for volume spikes and price action around these levels to gauge the next directional move. The overall trend remains bullish as long as the price stays above the 50MA.
COINBASE:BTCUSD
by CryptoFallen
1
BTC Bearish Pattern in Weekly ChartAfter a long time, BTC has been dropped with weekly candle below bottom line of Pi cycle average line. This is a bearish pattern based on the history. Now resistance is around 65000. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
INDEX:BTCUSDShort
by rukshan2102
#BTC Short Update!#BTC: Holding Strong Within the Box and EMA The anticipated bounce occurred within the expected region, reaffirming our position. Now, it's crucial to observe the weekly close for more clarity. IMHO, avoiding FOMO and waiting for clear reversal signals is wise before making any moves. Will share the weekly chart later today for the exact price levels which BTC needs to reclaim. Let me know what you think in the comment section and please hit the like button if you find my updates helpful. Thank you #PEACE
by Cryptorphic
1
BTC Bitcoin Technical Analysis and Trade Idea 👉🔍 In this video, we analyze BTC Bitcoin. It's evident that BTC has been showing strong bearish momentum in recent times. However, considering today is Friday, I anticipate a potentially sharp retracement as big money wind up their trades for the week and hit stops for liquidity. My strategy involves monitoring the 3-5m chart for signs of sideways movement and a potential reversal, which could present a scalp/day trade buying opportunity targeting the previous bearish imbalance. It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before considering any buying or selling decisions, as elaborated in the video. The video provides a comprehensive analysis of the current trend, market structure, and price dynamics. Remember, this educational content is designed to enhance understanding and does not guarantee outcomes. Trading inherently involves substantial risks, so employing robust risk management techniques is essential. 📈🔔
FOREXCOM:BTCUSD
by fxtraderanthony
3
BTC to 60-58KBTCUSD Elliott Wave Technical Analysis Mode: Corrective Position: Wave (iv) of (c) Direction: Wave (iv) of (c) is still in play Details: Wave (iv) is still in play which I expected to be end around 66-67K. Next Direction: Wave (V) which will complete the next higher Degrees Wave (c) Target : the area between 60-58k Wave Cancel invalid level: BTC going above 69200 Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
CRYPTO:BTCUSD
by ahmadsaad83
BTC Chart AnalysisAnalysis and Outlook The BTC/USDT chart reflects a strong bearish trend. The price has been consistently making lower highs and lower lows, confined within a descending channel. The failure to hold above the 0.618 Fibonacci retracement level indicates potential further downside. BINANCE:BTCUSDT Bearish Scenario BTC fails to hold the 0.618 Fibonacci retracement level, we could see a decline towards the 50,000 USDT psychological support and further down to the 0.786 Fibonacci retracement level around 48,000 USDT.The 200-day EMA at 58,211.08 USDT will act as a strong resistance, and unless the price breaks above this level, the bearish sentiment is likely to persist. Bullish Scenario For a bullish reversal, BTC needs to break above the 200-day EMA and the upper boundary of the descending channel around 65,000 USDT. Sustained movement above these levels could shift the trend back to bullish, targeting higher Fibonacci levels and previous highs. Conclusion Currently, BTC is in a bearish phase with key supports being tested. Traders should watch the 0.618 Fibonacci level and the 200-day EMA for potential signs of reversal or further downside. Risk management is crucial in this volatile phase, with stops placed below key support levels to manage potential losses
Long
by ravirajapaksha
Last Chance Alert: Buy Bitcoin Now at Unbelievably Low Prices!BTC UPDATE BTC is trading at $61,500, nearing a critical support level at $60,000. We have a rising trendline, the 200 EMA, and the lower trendline of this expanding triangle also acting as support. After 7 consecutive days of outflows in Bitcoin ETFs, yesterday saw $31 million in inflows, which is positive for bulls. In the long term, I am bullish on BTC. We may see some short-term corrections in price, potentially down to $54,000 in the worst case, but that will be the best time to buy BTC. The funding rate is negative at -0.11%, which is a positive sign for bulls. Stay tuned for more updates. CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD
Long
by CRYPTOMOJO_TA
2
BTC Bitcoin Technical Analysis - What Is The Chart Telling Us?👉🔍 In this analysis of BTC Bitcoin, we examine higher time frame charts that show a bearish trend with a retracement into resistance. I anticipate a possible retrace given that the market is overextended and trading into support. It’s crucial to understand that this is speculative and not a guaranteed forecast. Watching for specific price movements to confirm a buy or sell is essential, as explained in the video. This video offers a detailed look at the trend, market structure, and price action. Keep in mind, this content is for educational purposes only, and trading carries significant risk. Always use robust risk management strategies in your trading practices. 📈🔔
FOREXCOM:BTCUSD
by fxtraderanthony
4
BTCUSDT: $70k or a Crash?Crucial Support Zone: The chart highlights a significant support area ranging between $57.8K to $60k. This level has historically provided strong support, as indicated by multiple bounces within this zone. Potential Upside: A potential upside target is marked at $72k, representing a 23.26% gain from the current levels. This target aligns with the upper boundary of the channel. Technical Indicators: The price is currently testing the support zone, suggesting a possible rebound if the support holds. If BTC fails to maintain this support, a further decline could ensue, targeting lower levels. Not Financial Advice, If you find this content informative then support us through your likes, reposts, comments, and by following us. Regards, Team Dexter. #BTC
by Dexter_The_Trader
5
BITCOIN CRASH TO 54.7K MINIMUM MT. GOX DUMP!!!Hello as you can see we have 5 waves up and an abc correction. we are working on the C wave and i expect it to hit 54.7k because that is the 1.1 extension fib of wave a measured from wave b (be careful tho as wave C can go to 1.618 which would be 44k i dont see that happening this time tho as we still need to make a wave 5 on the super large time frame), as well as having a FVG that needs filled there, as well as being the base of the channel we are in. It is a triple confluence. If you look at RSI we have a bearish divergence as well. The two bottom indicators i am using are also showing to be in the middle of a wave right now. that would be the C wave on the large time frame. we will be making the 5th wave down on the lower time frame which on the lower time frame of that will be a 5 wave impulse move because we are in a downtrend. Also, Mt. Gox, an old exchange that went down like 12 years ago is starting to repay their creditors in July, which is now, so those people are sitting on like 14000% profit and are going to cash out and dump hard. it is a total of like 18 billion. This is a negative outlook but its just what the data show. when the data show bullish then i will be bullish but there is just so many things right at this moment ab to crash btc so just hold on tight and open a short. i have one open from 63.2k and a target of 54.7k. Lets see if it hits.
INDEX:BTCUSDShort
by member_berry
A logarithmic look at the #Bitcoin monthly chart according to thAll the points drawn in the chart, all these numbers are based on the numbers of previous halvings and time analysis This is a long-term analysis in the last months of 2026, i.e. November and December Any upswing requires a price correction to continue the trend, which is well seen in Bitcoin, and my correction opinion is after hitting the new historical ceiling of the blue line. This correction, which is after hitting the ceiling, will happen after the months of November 2025 If the numbers are done with a little up and down, I hope you will be satisfied with the analysis I hope you can use this analysis in the long term and send it to your friends
INDEX:BTCUSDLong
by DarkAnalyzer
Bitcoin Struggles with ResistanceBitcoin failed to continue rising above the resistance area of $63,650. The price is now correcting its gains and might revisit the support at $60,850. Bitcoin faced difficulty extending gains above the resistance levels of $63,650 and $63,800. A peak was formed at $63,798, and the price started a downward correction. The price dropped below the $63,000 level. The bears managed to push it below the $62,500 level and the 100-hour simple moving average. There was also a move below the 50% Fibonacci retracement level of the upward move from the $59,951 low to the $63,798 high. Bitcoin is now trading below $62,500 and the 100-hour simple moving average. A bearish trend line is forming with resistance at $61,850. The bulls are now trying to protect the $61,400 zone and the 61.8% Fibonacci retracement level of the upward move from the $59,951 low to the $63,798 high. If there is another increase, the price might face resistance near the $61,850 level and the trend line. The first major resistance is near the $62,250 level. The next major resistance could be at $62,500. A clear move above the $62,500 resistance might start a steady increase and push the price higher. In this case, the price could rise and test the $63,250 resistance. Any further gains might drive BTC towards the $63,650 resistance in the near term. If Bitcoin fails to climb above the $62,250 resistance area, it could continue to decline. Immediate support on the downside is near the $61,400 level. The first major support is at $60,850. The next support is forming near $60,500. Any further losses might push the price towards the $60,000 support area in the near term. If you are a long-term investor, it might be better to hold onto Bitcoin if you believe in its long-term potential. Short-term fluctuations can be part of the journey towards larger gains in the future. If you are a short-term investor, you might consider partial or full selling if Bitcoin breaks below major support levels (such as $60,850) and a continued decline is confirmed. You can invest or increase your holdings if Bitcoin surpasses strong resistance levels (such as $62,500) and continues to rise with positive signals. For day traders, you can take advantage of the quick market movements by entering and exiting positions based on short-term technical trading signals. Always avoid investing money you cannot afford to lose and seek specialized financial advice if you are unsure about your decisions.
COINBASE:BTCUSD
by bbitar