BTC Testing Major Resistance >>> Rejection Likely?Hi guys!
Did you see my last analysis about Btc? Let's break it down more!
Bitcoin is now testing a major resistance zone around $106.8K, where a descending trendline has already pushed the price down several times.
This area could act as a reversal point again. If BTC fails to break above, we might see a move down toward $102.2K — a strong support level from earlier this month.
Right now, the market is showing signs of weakness near resistance, so this could be a good spot to watch for a short setup — unless bulls step in with strong volume and break out cleanly.
attention to these levels:
Resistance: $106.8K (trendline + supply zone)
Support target: $102.2K
Outlook: Bearish unless breakout confirmed
Btcusdanalysis
Bitcoin Breaks Out: Bullish Momentum Builds Above Key LevelsHello guys!
The chart of Bitcoin reveals a significant bullish breakout, characterized by two key technical developments:
Broken Ascending Channel:
Bitcoin was trading within an ascending parallel channel, gradually making higher highs and higher lows. This channel was recently breached to the downside, suggesting a temporary weakening in momentum.
False Breakdown and Strong Reversal:
Despite the initial breakdown from the channel, Bitcoin swiftly reversed and surged upwards, reclaiming previous support levels with strong bullish candles. This “fake-out” move often traps bears and reinforces bullish sentiment.
Trendline Breakout:
More notably, BTC has broken above a descending trendline, which had acted as a resistance zone. This breakout, backed by strong volume and momentum, indicates a shift in market structure from consolidation to potential expansion.
Projected Upside Target:
Based on the breakout projection drawn on the chart, the next major resistance appears near the $109,600 level. This aligns with the upper purple dashed line, which may represent a historical resistance zone or a Fibonacci extension.
DeGRAM | BTCUSD fixed above the downtrend line📊 Technical Analysis
● Bulls pierced the descending purple trend-line and closed two candles above the 106 k pivot, confirming a pennant breakout and resetting higher-lows along the black mid-channel.
● Re-test of 104.8 k demand (green band) held as support; the new up-sloping flag projects to the 111.8 k-112 k red supply at the channel roof, with dynamic backup now rising to 103.8 k.
💡 Fundamental Analysis
● U.S. CPI whispers point to a softer June headline while spot-ETF cohort added another 3 200 BTC in two sessions and exchange reserves keep declining, underscoring supply squeeze amid easing rate fears.
✨ Summary
Long 104.8-106 k; sustained trade >107 k targets 111.8 k → 115 k. Bull thesis void on a 4 h close below 99 k.
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Bitcoin Rally Overextended: Patience is Key for the Next Move💹 BTC/USDC – Bullish Outlook, heres my Trade Plan.
Bitcoin (BTC/USDC) is currently maintaining a strong bullish trajectory 🚀, showing impressive momentum after breaking through recent resistance levels 🔓.
However, price is now overextended from the last swing low, and I’m anticipating a pullback into value 🔄 — specifically targeting the 50%–61.8% Fibonacci retracement zone drawn from the latest swing low to swing high 📐. This zone often acts as a rebalancing point for institutional traders and provides confluence for smart entries 🎯.
I’ll be closely watching this retracement area for signs of support forming, and more importantly, a bullish break in market structure 🧠📊. Only after that confirmation, would I consider executing a long position — no structure break, no trade ✅.
This isn’t about predicting — it’s about reacting with discipline.
#BTC/USD Close Fight but bulls win! $117K Still in sight!CRYPTOCAP:BTC Weekly Update:
BTC closed the week up by just 0.08%, leaving behind a long wick and a tiny body, forming a Dragonfly Doji, one of the strongest candlestick patterns, signalling a fierce battle between bulls and bears.
✅ This time, the bulls won by a small margin, but a win is a win.
✅ BTC successfully held its key support.
✅ The CC is green, which is a positive sign.
The price action remains choppy, but the trend is still pushing upward from here.
Invalidation:- Weekly Close below $100k
What do you think?
Do let me know in the comments section. And please hit the like button.
Thank you
#PEACE
BTCUSDT: PYH Manipulation & Critical Target AheadWe're facing a potential manipulation at the Previous Yearly High (PYH) level. This is a trap for the unwary.
Here's the critical insight: Bitcoin's price is rising, but CDV (Cumulative Delta Volume) is falling. My volume footprint shows no serious buyers, despite the current price push. This means the underlying strength isn't real.
Your action plan is simple: if the volume footprint turns negative, our target is a precise $100,385.
I only focus on assets with sudden volume increases. Watch the CDV and PYH level closely. Most traders miss these details, but this is where you make the most informed decisions.
Act now: Keep your eyes locked on Bitcoin. Missing this insight could cost you dearly.
No Change in Plan! $BTC Targeting Major Liquidation ZoneAs I warned you guys, CRYPTOCAP:BTC came down to the $100K exactly as expected, and then we bounced from the $100K level!
That lower trendline once again acted as strong support, just as expected.
Now #Bitcoin is pushing back up toward the major trendline and eyeing the $107K–$112K zone, which holds large liquidations.
No changes in the game plan, watching the daily and weekly closes closely.
If Bitcoin breaks above this trendline clearly, we could see a strong move up. 🚀
I’ll keep you posted as things unfold. If you find my updates helpful, don’t forget to like and follow for more!
Bitcoin Price: HODL Mode Fuels $140K ATH PushBitcoin, the pioneering cryptocurrency, is once again at the forefront of financial discussions, exhibiting a remarkable display of resilience and strength that points towards an imminent surge to uncharted price territories. The current market narrative is dominated by several compelling indicators: a significant increase in long-term holders, a climbing realized capitalization, the inherent stability provided by its difficulty adjustment mechanism, and a pervasive return to "HODL mode" among investors. These factors, combined with recent price action and expert analyses, suggest that Bitcoin is not just preparing for new all-time highs but is solidifying its position as a mature and indispensable asset in the global financial landscape.
Long-Term Holders Strengthen Their Grip: A Foundation for Future Growth
One of the most telling indicators of Bitcoin's underlying strength and investor conviction is the behavior of its long-term holders (LTHs). These are addresses that have held their Bitcoin for an extended period, typically over 155 days, signaling a strong belief in its future value rather than short-term speculation. Recent data reveals a significant uptick in the number of these steadfast investors, indicating a profound shift in market sentiment. This trend is critical because it removes a substantial portion of the circulating supply from immediate selling pressure, creating a scarcity that naturally supports price appreciation.
The "HODL mode" phenomenon, a term coined from a misspelling of "hold" in a 2013 forum post, perfectly encapsulates this behavior. It describes the strategy of buying and holding cryptocurrencies regardless of price fluctuations, driven by a long-term bullish outlook. The return of this "HODL mode" is not merely anecdotal; it is quantifiable through on-chain metrics. When long-term holders accumulate and resist selling, it signifies a collective conviction that current prices do not reflect Bitcoin's true intrinsic value or future potential. This behavior creates a strong psychological floor for the price, as fewer coins are available for sale on exchanges, making it harder for large sell-offs to occur.
Complementing this, Bitcoin's Realized Cap has been climbing to uncharted territory. The Realized Cap is a variation of market capitalization that values each Bitcoin at the price it was last moved on-chain, rather than its current market price. It essentially represents the aggregate cost basis of all coins in circulation. When the Realized Cap climbs, especially to new all-time highs, it indicates that a significant amount of Bitcoin has been acquired at higher prices and is being held, suggesting that the overall market is holding onto its coins with stronger conviction. This metric serves as a robust measure of the network's fundamental value and the collective cost basis of its investors. Its ascent to new peaks underscores the increasing capital flowing into Bitcoin and the growing confidence among those holding it. This phenomenon is often observed during bull markets, as new capital enters the ecosystem and existing holders refuse to sell, signaling a healthy and maturing market.
The strengthening grip of long-term holders and the rising Realized Cap collectively paint a picture of a market that is fundamentally sound and poised for sustained growth. It suggests that Bitcoin is moving from a speculative asset to a more mature store of value, attracting investors who are less concerned with short-term volatility and more focused on its long-term potential as a digital asset.
Bitcoin's Difficulty Adjustment: The Engine of Predictable Monetary Policy
One of Bitcoin's most ingenious and often underestimated features is its difficulty adjustment mechanism. This self-regulating system ensures that new blocks are found, and thus new Bitcoin are mined, at a remarkably consistent rate of approximately every 10 minutes, regardless of the total computational power (hash rate) dedicated to the network. Every 2,016 blocks, or roughly every two weeks, the network automatically adjusts the difficulty of the mining puzzle. If more miners join the network, increasing the hash rate, the difficulty increases, making it harder to find the next block. Conversely, if miners leave, the difficulty decreases.
This mechanism is the bedrock of Bitcoin's predictable monetary policy. Unlike traditional fiat currencies, whose supply can be arbitrarily increased by central banks, Bitcoin's supply schedule is immutable and transparent. The difficulty adjustment ensures that the issuance of new Bitcoin remains consistent until the total supply of 21 million coins is reached. This predictability is a cornerstone of Bitcoin's value proposition as a sound money alternative. It eliminates the uncertainty and potential for inflation that plagues fiat currencies, making Bitcoin a reliable store of value over the long term.
The consistent block time and predictable supply schedule, enforced by the difficulty adjustment, contribute significantly to Bitcoin's appeal as a deflationary asset. Investors are drawn to assets with a finite and transparent supply, especially in an era of unprecedented global monetary expansion. This mechanism not only secures the network from external attacks by making it prohibitively expensive to manipulate but also instills confidence in its long-term scarcity and value. It is this algorithmic certainty that underpins Bitcoin's potential to become a global reserve asset, providing a stark contrast to the discretionary policies of central banks.
Why are Bitcoin and Crypto Prices Going Up Today?
The recent surge in Bitcoin and broader cryptocurrency prices can be attributed to a confluence of factors, many of which are interconnected with the underlying strength discussed above. Bitcoin's impressive climb past $107,000 and its break above $108,000 at the start of the week are not isolated events but rather manifestations of building bullish sentiment.
One primary driver is the return of institutional interest and capital inflows. As Bitcoin matures and gains regulatory clarity in various jurisdictions, traditional financial institutions are increasingly comfortable allocating capital to the asset class. This institutional adoption provides significant buying pressure and lends legitimacy to the market. The establishment of Bitcoin ETFs in various regions, for instance, has opened new avenues for institutional investors to gain exposure without directly holding the underlying asset.
Secondly, the macroeconomic environment continues to play a pivotal role. Persistent inflation concerns, coupled with the potential for further quantitative easing by central banks, drive investors towards scarce assets like Bitcoin as a hedge against currency debasement. The narrative of Bitcoin as "digital gold" gains traction during periods of economic uncertainty, attracting both retail and institutional capital seeking to preserve purchasing power.
Thirdly, technical indicators are flashing strong buy signals. Bitcoin's weekly chart, for instance, is flexing significant strength. A sustained break above key resistance levels, such as the $108,000 mark, often triggers further buying as traders and algorithms recognize the bullish momentum. The return of "HODL mode," as evidenced by the behavior of long-term holders, further reduces selling pressure, allowing prices to climb with less resistance. This combination of fundamental strength and technical breakouts creates a powerful upward spiral.
Finally, anticipation of future events also fuels price rallies. The upcoming June 11 CPI report, for example, is being closely watched by analysts. Inflation data can significantly impact market sentiment, and a favorable report (e.g., lower-than-expected inflation) could signal a more dovish stance from central banks, potentially leading to increased liquidity and risk-on appetite, which benefits Bitcoin. An analyst has even suggested that the Bitcoin price could "explode" after the CPI report, indicating the market's sensitivity to such macroeconomic releases.
Bitcoin Chart Pattern, Return of ‘HODL Mode’ Point to Imminent All-Time BTC Price High
The technical analysis of Bitcoin's price charts, combined with on-chain data indicating a return to "HODL mode," strongly suggests that an imminent all-time high (ATH) is on the horizon. Chart patterns are crucial tools for traders and investors to identify potential future price movements based on historical data. When Bitcoin breaks above significant resistance levels, especially after a period of consolidation, it often signals the start of a new upward trend. The recent break above $108,000 is a prime example of such a breakout, indicating that the market has absorbed previous selling pressure and is now ready for higher valuations.
The "HODL mode" phenomenon, as discussed earlier, is a powerful fundamental indicator that reinforces technical signals. When a large proportion of the circulating supply is being held by long-term investors who are unwilling to sell, it creates a supply shock. This reduced selling pressure means that even moderate buying interest can lead to significant price increases. This is particularly true when new capital enters the market, as it encounters a much thinner order book on the sell side. The confluence of a bullish chart pattern and the return of "HODL mode" creates a self-reinforcing cycle: technical breakouts encourage more HODLing, which in turn reduces supply and facilitates further breakouts.
Analysts are increasingly confident that these combined factors point to an imminent all-time high for BTC. The previous all-time high serves as a psychological and technical barrier, but once breached, it often transforms into a new support level, paving the way for further price discovery. The current market structure, characterized by strong accumulation by long-term holders and a clear upward trajectory on the charts, suggests that the path of least resistance for Bitcoin is upwards.
Bitcoin Weekly Chart Flexes Strength—Is The Moonshot Just Getting Started?
Looking at Bitcoin's weekly chart provides a broader perspective on its long-term trend and current momentum. The weekly chart smooths out daily volatility, revealing more significant patterns and trends. Currently, Bitcoin's weekly chart is indeed flexing considerable strength, characterized by consistent higher lows and higher highs, strong closing prices, and increasing trading volume during upward movements. This sustained bullish momentum on a longer timeframe suggests that the current rally is not a fleeting pump but potentially the beginning of a more substantial "moonshot."
The term "moonshot" in crypto parlance refers to a rapid and significant price increase, often to unprecedented levels. While such parabolic moves can be speculative, the current strength on Bitcoin's weekly chart appears to be fundamentally driven. The accumulation by long-term holders, the predictable supply schedule enforced by the difficulty adjustment, and the increasing institutional adoption all contribute to a more sustainable upward trajectory. This is not just about short-term trading gains; it's about a fundamental revaluation of Bitcoin's role in the global financial system.
The question of whether the "moonshot" is just getting started implies that the current price levels are merely a stepping stone to much higher valuations. This perspective is supported by the fact that Bitcoin is still in its relatively early stages of global adoption compared to traditional asset classes. As more individuals, corporations, and even nation-states begin to integrate Bitcoin into their financial strategies, the demand will continue to outstrip the limited supply, fueling further price appreciation. The weekly chart's strength provides a visual confirmation of this underlying bullish narrative, suggesting that the journey to new price frontiers is indeed well underway.
Bitcoin Price Could Explode After June 11 CPI Report, Says Analyst
The highly anticipated June 11 CPI (Consumer Price Index) report is poised to be a significant catalyst for Bitcoin's price action. The CPI is a key economic indicator that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is a primary gauge of inflation, and its release often triggers significant market reactions across all asset classes, including cryptocurrencies.
An analyst's prediction that Bitcoin's price could "explode" after the CPI report highlights the market's sensitivity to inflation data. If the CPI report comes in lower than expected, it could signal that inflationary pressures are easing, potentially leading central banks to adopt a more dovish monetary policy (e.g., interest rate cuts). Lower interest rates reduce the opportunity cost of holding non-yielding assets like Bitcoin, making them more attractive to investors. Conversely, if inflation remains stubbornly high, it could reinforce Bitcoin's narrative as an inflation hedge, also potentially driving its price up as investors seek refuge from fiat currency debasement.
The market's reaction to such reports is often driven by expectations. If the report aligns with or exceeds dovish expectations, it could lead to a surge in liquidity and risk appetite, benefiting Bitcoin. Conversely, an unexpectedly hawkish report could lead to short-term volatility. However, the overarching sentiment among many analysts is that even in a hawkish scenario, Bitcoin's role as a hedge will continue to attract capital. The June 11 CPI report is therefore a critical event that could provide the immediate impetus for Bitcoin's next major price movement, potentially validating the "moonshot" thesis.
Bitcoin Price Will See ‘Short-Term Correction’ Before $140K: Analysts
While the overall sentiment for Bitcoin is overwhelmingly bullish, some analysts predict a "short-term correction" before the price initiates a rally to all-time highs above $140,000. This perspective is not necessarily bearish; rather, it reflects a healthy market dynamic. Corrections are a natural part of any asset's price discovery process, allowing the market to consolidate gains, shake out overleveraged positions, and attract new buyers at slightly lower price points.
A short-term correction typically involves a temporary pullback in price after a significant upward move. This can be triggered by profit-taking from early investors, macroeconomic news, or technical resistance levels. Analysts who foresee such a correction often view it as a necessary reset that builds a stronger foundation for the next leg of the rally. For instance, a drop could see Bitcoin retest key support levels that were previously resistance, confirming their strength before moving higher.
The prediction of a correction before reaching $140,000 suggests that while the long-term outlook is incredibly strong, the path to new all-time highs may not be a straight line. Such a correction could present an excellent buying opportunity for those who missed the initial surge or wish to increase their holdings. It also aligns with the idea of a healthy market that allows for organic growth rather than unsustainable parabolic pumps. The $140,000 target itself is a significant psychological and technical level, and reaching it would mark a substantial milestone for Bitcoin, further solidifying its position as a premier digital asset.
The Return of Altcoin Season: Why Bitcoin Dominance Must Fall To 62%
As Bitcoin continues its ascent, the conversation often shifts to the broader cryptocurrency market, specifically the potential for an "Altcoin Season." Altcoin Season refers to a period when altcoins (cryptocurrencies other than Bitcoin) experience significant price appreciation, often outperforming Bitcoin. For an Altcoin Season to truly kick off, analysts often point to a crucial prerequisite: a decrease in Bitcoin's dominance.
Bitcoin dominance (BTCD) measures Bitcoin's market capitalization as a percentage of the total cryptocurrency market capitalization. Currently, Bitcoin's dominance is relatively high, reflecting its recent strength and the capital flowing into it. However, for altcoins to flourish, capital needs to flow from Bitcoin into other cryptocurrencies. This typically happens when Bitcoin has made significant gains, and investors begin to seek higher returns in riskier, smaller-cap altcoins.
The specific threshold of Bitcoin dominance falling to 62% is often cited as a key indicator for the start of Altcoin Season. When Bitcoin's dominance drops to this level or lower, it suggests that a substantial amount of capital is rotating out of Bitcoin and into altcoins, signaling a broader market rally. This rotation is a healthy sign of market maturation, as it indicates that investors are diversifying their portfolios and recognizing the value proposition of other blockchain projects.
The return of Altcoin Season would signify a broader bullish trend across the entire cryptocurrency ecosystem. It would mean that the value proposition of decentralized finance (DeFi), non-fungible tokens (NFTs), and various Layer 1 and Layer 2 solutions built on other blockchains is gaining traction. While Bitcoin remains the undisputed king, a thriving altcoin market indicates a robust and diversified digital economy. The anticipation of this shift further underscores the dynamic and evolving nature of the cryptocurrency market, where Bitcoin's strength often paves the way for the growth of the entire ecosystem.
In conclusion, Bitcoin stands on the precipice of a new era of growth, driven by a powerful synergy of fundamental strength, technical indicators, and evolving market dynamics. The unwavering conviction of long-term holders, evidenced by a climbing Realized Cap and a pervasive "HODL mode," forms a robust foundation. The predictable monetary policy enforced by the difficulty adjustment mechanism instills unwavering confidence in its scarcity. Recent price surges, fueled by institutional interest and macroeconomic tailwinds, underscore its immediate bullish momentum. While a short-term correction may be on the cards, it is viewed as a healthy precursor to an explosive rally towards and beyond the $140,000 mark. Furthermore, Bitcoin's continued strength is expected to eventually pave the way for an "Altcoin Season," signaling the maturation and diversification of the broader crypto market. For investors and
enthusiasts alike, ignoring Bitcoin's current trajectory would be to miss a pivotal moment in the ongoing digital revolution, as it solidifies its grip on the financial future.
It didn’t reject. It repriced.BINANCE:BTCUSDT just tested the 4H OB at 105,044 — and didn’t break. That’s not weakness. That’s precision. The kind of structure Smart Money doesn’t chase, it absorbs.
Here’s the breakdown:
Price retraced into a clean OB off the 0.236 fib, holding structure without even needing to sweep the BPR below
Volume supported the move — no absorption, no deviation
Short-term high is now marked at 106,487, and above that, my next draw is 108,941
If price closes back above 106,000 with momentum, the path of least resistance is clear: continuation. If we lose the OB and reclaim fails, BPR becomes the fallback zone — anything deeper, and we’re re-evaluating the narrative.
Execution plan:
Long from OB (already tested) — continuation depends on reclaiming 106K
TP1: 106,689
TP2: 108,941
Invalidation: 103,429 (50% fib) or hard break into 102.7 BPR
There’s no “maybe” in structure. Price is either reacting or it isn’t. This one is.
Setups this precise don’t wait — they’re mapped. You’ll find more in the profile description.
Inverse Head and Shoulders Breakout Signals BullishThe chart under review presents a classic Inverse Head and Shoulders pattern, a reliable and widely recognized bullish reversal formation in technical analysis. This structure typically forms after a downtrend, indicating a potential shift in market sentiment from bearish to bullish.
The pattern is composed of:
Left Shoulder: A modest price decline followed by a temporary upward correction.
Head: A deeper price decline forming the lowest point in the pattern.
Right Shoulder: A higher low that mirrors the left shoulder, followed by another upward movement.
The neckline, which acts as a critical resistance level, is clearly illustrated at approximately 106,840.37 USDT. A confirmed breakout above this neckline suggests the completion of the reversal pattern and validates the potential for a sustained bullish movement.
2. Breakout Confirmation
The current price action confirms a successful breakout above the neckline, with the market currently trading around 107,586.58 USDT. This breakout is a key signal for bullish continuation, provided it is supported by increased volume and follow-through price action.
From a technical standpoint, the breakout is reinforced by:
A clean violation of neckline resistance
Price consolidation near breakout zone before a strong upward thrust
Higher lows preceding the breakout, indicative of growing buying pressure
This confluence of technical signals strengthens the case for an upward price trajectory in the near term.
3. Projected Price Targets
Upon confirmation of the Inverse Head and Shoulders breakout, target levels can be derived using the measured move technique. This involves projecting the vertical distance from the head to the neckline upward from the breakout point.
Target 1 (Initial Resistance):
108,878.29 USDT – This level represents a potential short-term resistance where price may consolidate or retrace slightly before continuing.
Target 2 (Measured Move Completion):
110,752.24 USDT – This is the ultimate price target derived from the height of the head-to-neckline structure. Reaching this level would represent the full realization of the reversal pattern.
4. Key Support and Risk Levels
Risk management is a critical component of any trading strategy. The following support levels should be closely monitored:
106,840.37 USDT (Neckline Support):
Former resistance turned support. Holding above this level post-breakout is essential for sustaining bullish momentum.
105,997.09 USDT:
Acts as a secondary support level and potential stop-loss region for conservative traders.
If price fails to hold above the neckline and falls back below these levels, the breakout could be classified as a false breakout, warranting caution.
5. Strategic Implications for Traders
This setup provides a favorable risk-to-reward ratio for long entries, particularly for traders seeking to capitalize on momentum-based patterns. An optimal trading approach could involve:
Entry: Near the neckline breakout or on a minor retest of 106,840.37 USDT
Stop-Loss: Below 105,997.09 USDT or under the right shoulder to account for volatility
Take-Profit Zones: Partial profits near 108,878.29 USDT, with final target at 110,752.24 USDT
6. Final Remarks
This chart illustrates a textbook example of a bullish reversal pattern in play. While the technical outlook is favorable, traders should remain cautious of potential invalidation scenarios, especially in highly volatile or news-driven markets. Confirmation through volume analysis and supportive macro/fundamental conditions can further enhance confidence in the bullish thesis.
Overall, the current setup indicates a well-structured opportunity for upward price movement, with a clearly defined entry, risk, and reward framework.
Let me know if you'd like this tailored for a trading journal, client report, or automated strategy setup
Bitcoin Approaches Resistance as Momentum Cools: What’s Next?Bitcoin has been on a strong upward trend 🚀, but recent moves show signs of exhaustion as it approaches major resistance zones 🛑. The appearance of a three-drive pattern on the 4-hour chart, suggests the market could be due for a healthy correction 🔄. While the broader trend remains bullish, I'm watching for a potential pullback and then looking for renewed strength (bullish BoS) before considering new long positions. Patience and confirmation are key in these conditions! 👀✨
$Btc Rejected at $110K – Will $106K Hold or Is $95K Next? #BTC/USD is showing signs of another lower high after facing strong rejection near the $110,000 resistance zone. The price is currently testing the $106,000 support area, a level that may serve as a crucial retest zone. If buyers step in here, we could see a bullish rebound and potential push toward a new high.
However, if $106K fails to hold, the next support zones to watch are $100K and $95K. A breakdown below $106K opens the door for a deeper correction, possibly targeting $95,000 – a key demand area from previous structure.
Supporting this bearish pressure, the RSI is dropping from the overbought zone, signaling increasing selling momentum. Historically, such RSI movements have coincided with local tops and short-term pullbacks.
🔍 Key Levels:
Resistance: $110,000
Support 1: $106,000 (retest zone)
Support 2: $100,000 (psychological level)
Support 3: $95,000 (major structure support)
📊 Outlook: Watch price action closely at $106K. A strong bounce could reignite bullish momentum. A break below this level may confirm the start of a deeper retracement.
Bitcoin is Super Bullish Right Now - Here is my BTC trade planSince Bitcoin is super bullish on monthly and weekly time frame, my focus is to trade trend continuation pull backs on the 4HR time frame.
For this particular trade, I want to see a pull back to a key level of either imbalance or the old high serving as new support for price.
I will be taking a bullish trend continuation setup on that 4HR pull back.
Target:
I expect to see Bitcoin break that all time high of 111k level and go as high as 150k per one.
BITCOIN ROAD TO 300K !!! ELLIOTT WAVE CASE STUDYThere are three possible cases for Bitcoin which we can now consider according to Elliot wave count on big picture:
Case I: According to this count if we hold above 74.5k , recent low, we may see major shift in BTC. Retracement Up to 92-79k is good which will form inverse head & shoulders, potentially breaking ATH up to 170K, if things goes well & 74.5K region remains on hold.
Case II: If in case 74.5K region breaks, then it will invalidate minor count causing BTC to retrace more up to 64-52K major reversal zone region. If such thing happens, bullish shark pattern will be formed causing major reversal from that region BUT 49K region should remained hold!!!
Case III: Worst case scenario if 49K region breaks, then it will cause major count invalidation dropping BTC further up to 45-33K region.
DeGRAM | BTCUSD held the $100k level📊 Technical Analysis
● Bounce from 99.8-100 k confluence (violet trend-line + former wedge top + horizontal demand) confirms the zone as fresh support.
● Price coils in a tight pennant under 106 k; 1.618 target of the pattern meets the rising-channel roof and red supply at 111-112 k, while RSI prints higher lows, flagging hidden bullish momentum.
💡 Fundamental Analysis
● CME futures basis widened above 10 % annualised as softer US claims cooled dollar bids, boosting carry appetite; meanwhile, on-chain reserves keep shrinking, hinting at supply squeeze.
✨ Summary
Buy 100-103 k; pennant break >106 k aims 111 k → 115 k. Bull view void on an H16 close below 99 k.
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#BTC/USDT#BTC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 103141.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 105268
First target: 106500
Second target: 107405
Third target: 109006
BTC 4H – Critical Support Zones Being TestedCRYPTOCAP:BTC is currently retesting its $107.2k support, which has now turned into resistance after a decisive breakdown.
Support Levels to Watch:
- Upper Support Zone: $105k – $104.4k
- Lower Support Zone: $101.4k – $100.7k
Bounce from $104.4k–$105k will be a temporary relief, but it needs strength to reclaim $107.2k.
If the upper zone is not held, the next leg will be towards the lower zone, near $101.4k—$100.7k.
Breakout confirmation only above $110k (previous rejection zone).
The market is showing signs of weakness, especially with increased selling around resistance. Avoid rushing into trades—better setups may come if key zones hold or break.
Tip: Watch for bullish divergences or strong volume at the lower support for potential reversal setups.
BTCUSDT: Your Next Move? The Blue Box OpportunityAlright, focusing on BTCUSDT. This blue box is a critical buying zone.
The market's recent moves demand clarity. You need to know where genuine opportunity lies, avoiding the traps that catch most traders.
I've identified this blue box as a prime area where demand could ignite. But don't just jump in. Here's the plan:
Watch the Volume Footprint: Is there real accumulation, or just noise?
Spot CDV Divergences: Hidden strength often appears here, even if price looks weak.
Confirm on LTF: A clear breakout above minor resistance, followed by a retest as support, is your green light.
Be vigilant for liquidity hunts – those quick dips that shake out weak hands before a real move. If this blue box holds, and we get these confirmations, my bias is firmly upwards.
I only focus on assets with sudden, significant volume increases. BTCUSDT's current setup, combined with this potential volume, makes it a high-interest play.
Keep a very close eye on this blue box. Understanding these subtle signals means you can navigate these intricate dynamics, securing your position for potential gains. Miss this, and you might regret it.
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑 On my profile, you can find an extensive track record spanning hundreds of analyses and many examples of my strategies in action. To keep things concise here, I'm sharing just a few of my most recent successful calls as a small snapshot of my ongoing work:
📊 FLOKIUSDT - +%100 From Blue Box!
📊 TRXUSDT - I Do My Thing Again
📊 OGNUSDT | One of Today’s Highest Volume Gainers – +32.44%
📊 TIAUSDT | Still No Buyers—Maintaining a Bearish Outlook
📊 Simple Red Box, Extraordinary Results
Feel free to check out my TradingView profile for all of them; listing everything here would genuinely take too long! 😉
BTC / USD 1hr 110K INC!BTC/USD – 1H Chart Analysis
📝 Trend Overview:
BTC is showing signs of a bullish reversal, forming higher highs and higher lows, supported by the broadening bottom pattern. This formation often signals accumulation and precedes breakout moves. The market has now bounced three times from the demand zone, reinforcing its validity as a strong support.
📍 Key Technical Zones:
Demand Zone:
103,201.46 – 104,197.07
Price has tested this zone multiple times and bounced, indicating strong buying interest.
☑️ Supply Zone:
110,098.80 – 111,330.54
Significant historical resistance. If BTC reaches this zone, expect strong selling pressure.
📥 Fair Value Gaps (FVGs):
1H FVG: 105,746.93 – 106,157.49
Aligned with the Fibonacci Golden Pocket (0.618–0.786) retracement, increasing confluence.
4H FVG: 107,337.85 – 107,738.15
Key level for potential breakout or rejection.
✅ Targets:
TP1: 1H FVG zone (~106k)
TP2: 4H FVG zone (~107.5k)
TP3: Supply zone (~110k–111k)
❌ Invalidation:
Break and close below the demand zone would invalidate the bullish bias short term.
📊 Volume Profile & OBV:
Volume Profile (Right Side):
High activity zones between 105k–107k show areas of interest for both bulls and bears.
📊 OBV (On-Balance Volume):
Currently consolidating, which suggests accumulation and potential for a breakout once volume picks up.
🧠 Summary:
BTC has regained bullish momentum following multiple rejections from the demand zone and the formation of a broadening bottom. If the price confirms a higher low at or above 104,925, expect a move towards the 106k and possibly the 110k region. Monitor price action at the FVGs for reactions and profit-taking opportunities.
(NOTE: This is a spot trade - Leverage at your own risk and research)
BTC bearish in Short termBTC has broken the 31 May low, so the short-term view is bearish.
It also made a head and shoulder pattern, which supports the view on the short side.
As gold and silver are bullish and DXY (dollar index) bearish, then a flat pattern (5 wave up) mentioned in the chart is also possible
In both cases, BTC is short-term bearish
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