How Bitcoin’s Recent Golden Cross Could Impact Your Crypto Bitcoin has been performing strongly on the charts since hitting a low of GETTEX:89K a week ago. The cryptocurrency’s value has risen to over $105,000 at the time of writing, marking an increase of over 11% in just a week. The recent gains have sparked optimism within the crypto community, with some speculating about a potential short-term rally.
According to Burak Kesmeci from CryptoQuant, Bitcoin’s 1-7 day UTXO average has crossed above the 7-30 day UTXO average. This crossover signifies that the average cost basis for Bitcoin acquired over the past week is rising, despite recent price hikes. This positive signal indicates that the ongoing price upswing is backed by fresh capital inflows.
Btcusdanalysis
#SMC Short idea for #BTC Bitcoin is getting close to a crucial liquidity zone where short traders' stop-losses are probably going to be activated. An entry here might draw a lot of stop-loss orders, which is something that Bitcoin frequently looks for. With a risk-reward ratio of 1:4 or higher, this setup presents a compelling chance for a short trade.
DXY - OVERBOUGHT = Risk On in Near Term = GainsThe DXY RSI levels are approaching overbought territory. Don't need to over think this one. I'm looking for a mean reversion.
On average, it appears a DXY pull back is +/-12%. $102-$98 is the level I'm watching for the short/medium term for the DXY. I imagine it strengthens again in the future, but it's offside at the current moment.
Stonks, BTC, & Crypto are looking prime for a risk on environment & substantial gains - for at least the short to medium term - if the DXY sells off.
Either way, it's looking like the DXY will need to mean revert in the near term.
BULLISH.
BTC/USD Analysis Hello Guys Must Support And Share Your Thoughts In Comments Section
In My Analysis Of Bitcoin/US Dollar (BTC/USD) trading pair on a 4-hour timeframe,key technical levels and potential price movements based on technical analysis. Here's a detailed breakdown:
Technical Analysis:
1. Resistance Zone (Green Area):
The area between $99,300 and $101,500 represents a significant resistance zone. The price has previously tested this level multiple times but failed to break above, indicating strong selling pressure.
2. Support Zone (Red Area) :
The support zone around $92,900 to $93,500 has provided a solid base for price rebounds in the past. This suggests strong buyer interest at this level.
3. Price Action & Targets:
The chart suggests a potential rejection from the resistance zone near $99,300, followed by a downward movement.
Target 1 (TP1) is indicated at $96,500, which aligns with intermediate support and a possible retracement level.
Target 2 (TP2) is set at $94,000, closer to the primary support zone.
4. Trend & Momentum:
The overall trend seems to be consolidating within the resistance and support levels, indicating indecision.
The large blue arrow shows a bearish sentiment, suggesting a likely drop if the price fails to break the resistance.
Fundamental Analysis Context:
1. Market Sentiment:
Bitcoin might face selling pressure due to market uncertainty, profit-taking near the psychological $100,000 level, or macroeconomic events.
2. Upcoming Catalysts:
Watch for macroeconomic indicators like interest rate decisions, regulatory updates, or institutional buying, which could impact Bitcoin's momentum.
Positive news could lead to a breakout above resistance, while negative developments may push prices toward support levels.
NOTE: This Analysis For Educational Purpose Only
BTC BITCOIN- check out btc next target must read captionBTC/USD is displaying strong potential for an upward breakout, supported by market momentum and bullish sentiment. Patience is key—hold your trade as the price gears up for a significant move to the upside. The trend is setting up for a favorable run, so stay focused and confident in your position.
"Bitcoin 2025 Peak Projection: Bullish Momentum Towards $110K Based on the chart:
1. **Major Uptrend from 2017-2025**: The long-term trendline shows consistent upward momentum, connecting key lows from 2017, 2021, and beyond. Bitcoin remains in a bullish macro structure.
2. **Key Fibonacci Levels**:
- The **1.382 Fib extension (94,770)** served as a critical resistance but was broken and now acts as support.
- The **1.618 Fib extension (109,690)** represents the next potential resistance, aligning with the projected 2025 peak.
3. **2021 Peak and 2022 Bottom**: The chart emphasizes Bitcoin's cyclical behavior, with the 2021 peak followed by a sharp 80% correction to the 2022 bottom. This highlights the possibility of a significant pullback after a new peak.
4. **Current Price Action**:
- A breakout from a consolidation channel has fueled the bullish rally.
- Bitcoin is approaching the **trendline resistance and 1.618 Fib level**, indicating a possible exhaustion zone near **110,000**.
5. **Projection for 2025**:
- A potential peak around **110,000** is expected, followed by a correction. The downside targets might include a return to the **94,770 level** or the long-term trendline for support.
### Strategy:
- **Short-term bullish bias** as Bitcoin trends toward 109,690.
- **Prepare for a reversal** around 110,000, targeting key retracement levels like 94,770 for support.
- Watch for patterns or confirmations near resistance before initiating any sell trades. CAPITALCOM:BTCUSD
Price & Market overview current of BTCKey Insights from the Data:
1. Price & Market Overview
BTC Price: Trading between $102,900 and $103,000, down ~1.1% from recent highs ($104k+).
Market Sentiment:
Fear & Greed Index at 77 (+2.67%), reflecting a strong "Greed" sentiment.
Bitcoin Dominance at 57.04% (+1.15%), indicating BTC's growing market share.
Macro Environment:
Gold Futures: Down -0.48% ($2701.55), showing minor weakness.
USD Index (DXY): +0.35% (109.200), a mild headwind for risk assets like BTC.
2. On-Chain Metrics
Exchange BTC Balances:
~1.81M BTC on exchanges, slightly down (-0.06%), indicating ongoing outflows.
BTC Spot Inflows/Outflows:
Recent net outflows totaling ~$221M over 4–6 hours suggest reduced selling pressure.
Implication: Fewer BTC on exchanges reduces immediate sell pressure but doesn't guarantee price increases if sentiment weakens.
3. Derivatives Overview
Open Interest (OI): $147.74B (+1.41%), showing new positions are being opened.
Funding Rates:
Binance BTC/USDT: ~0.0100% (mildly positive, bullish tilt).
OKX BTC/USDT: ~0.0114% (similar trend).
Liquidations:
24h Liquidations: $484.49M (+45.89%), reflecting increased volatility.
Long/Short Ratios:
Binance Traders: 1.64 (net-long), but sentiment is weakening.
OKX Accounts: 0.66 (net-short), showing mixed market views across platforms.
4. Technical Indicators
Price Action:
BTC corrected from $104.6k to ~$102.3k and struggles to reclaim $103.5k.
Moving Averages:
1h 50 MA ($103.6k): BTC below this level; bearish pressure persists.
1h 200 MA ($101.8k): Key support if downward pressure intensifies.
Momentum Oscillators:
MACD: Strongly negative histogram (-333), indicating bearish momentum.
RSI: ~48–50, teetering around neutral, with potential bearish confirmation below 45.
Volatility Indicators:
Bollinger Bands: Price in the lower half, signaling a slight downward bias.
5. Likely Scenarios (Next 12–24 Hours)
Bearish Continuation (~40% Probability):
BTC fails to reclaim $103.5k, falling toward $101.8k–$102k (200 MA).
Potential for further downside to $100k if selling accelerates.
Neutral Range (~35% Probability):
BTC consolidates between $102k and $103.5k with subdued volume.
Bullish Recovery (~25% Probability):
Buyers push BTC above $103.5k, potentially retesting $104.5k–$105k.
6. Confidence Level
Moderately Bearish (~55%) due to:
Negative MACD, struggles to break above short-term MAs, and rising liquidation volumes.
Macro bullish factors (high greed index, long-term outflows) provide a supportive backdrop, but immediate technical signals remain weak.
Final Recommendations
Monitor $103.5k for potential recovery or rejection.
Watch for high-volume breaks below $101.8k, which could trigger further downside.
Stay cautious of sudden volatility spikes due to increased liquidations and mixed sentiment across derivatives platforms.
BTCUSDT, Current Situation, January 18, 2025Based on the latest data, the current closing price of BTCUSDT is 102,681 USDT. The "Cup and Handle" formation is clearly observable on the weekly chart, and its confirmation is likely to be accompanied by an increase in trading volume.
The expected target range is between 120,000 and 130,000 USDT, assuming historical market trends continue.
Further price increases for BTCUSD are likely if the "Cup and Handle" formation plays out as expected. The coming weeks will be critical in determining whether the trend continues.
Key Factors to Monitor:
Weekly Closing Prices
Monitor closing prices below 102,000 USDT, as these could indicate weakness. A break below 100,000 USDT could accelerate the decline.
For upward momentum, breaking above the 108,500–110,000 USDT range is critical. Once surpassed, further growth toward the 120,000–130,000 USDT range can be anticipated.
Volume Trends
Strong volume increases during upward price movements are a positive confirmation of the formation.
Weak volume during price increases may signal uncertainty.
Monitor volume declines during significant price drops, as this could indicate a slowing down of the bearish momentum.
Emergence of Additional Patterns on the Chart
Head and Shoulders Pattern: This may signal a bearish trend if levels below the neckline break.
Double Bottom or Double Top: A double bottom may indicate the start of an uptrend, whereas a double top could reverse the trend.
Broadening Wedge: If a broadening wedge forms, monitor the direction of the breakout, as it will determine whether the trend continues or reverses.
Flags and Wedges: These patterns often suggest trend continuation. Volume confirmation following the pattern is crucial.
Disclaimer
This analysis is not to be considered as investment or trading advice. Monitoring the factors outlined above can contribute to making more informed trading decisions.
BTC Targeting 125-130K : Elliott Wave AnalysisIn the coming months, Bitcoin is likely to reach its next targets—or at least form one more higher peak. Here’s how it might play out:
Orange Count (Wave 4 Correction):
According to the orange wave count, Bitcoin is in a larger Wave 4 correction of the impulse that began at 49K. This suggests another high is on the way for Wave 5.
Recent Price Action (Higher High Above 102.8K):
After closing daily above 102.8K, the wick at 89K should be seriously considered a potential Wave 4 bottom. This implies we could now be in the fifth and final impulse wave heading up to a new high. Two main scenarios could unfold:
Scenario A (Regular Impulse):
If this is a standard impulse, we’ll see a Wave 2 retracement next—typically between the 0.5 and 0.786 Fibonacci levels of the initial move. That puts a possible Wave 2 target between 97K and 92.5K. From there, Wave 3 would likely accelerate toward 125K. This is shown by the red wave in the chart.
Scenario B (Ending Diagonal):
Wave 5 often appears as an ending diagonal, which can look like a rising wedge or an expanding broadening wedge. If this pattern takes hold, the next high may not exceed 120K by much.
Bearish Alternative:
There is still a bearish possibility as long as we remain below the previous high. In this case, the recent upward move could be part of a larger flat correction, which would push Bitcoin lower again before eventually reaching a new high. This more negative outcome would be confirmed if prices fall below 92K (the 0.786 retracement of the move up from 89K).
What comes up must go down!
Looking at the bigger timeframes (4H) btc has been rejected on a major resistance level. This could potentially bring us back down ton the green support zone. But I am safing it and taking profits at the yellow downwardsloping line.
Looking at the 15min it looks like we are making lower highs and soon to be lower lows.
Looking at the 5min we get reminded of that we could still back test the resistance zone but we are currently most likely to break down since we are in a steep downtrend.
Looking at the 1min timeframe I can see the higher lows at the micro trend but keep in mind that we are on the beginning of a downtrend on the bigger picture. I think the stop loss is perfectly executed above the previous lower high and I will now look forward to make the trade risk free! I think that btc easily could go down 4% based on price action.
Cyclical Bitcoin Analysis: Why Is 135K Significant?When Bitcoin prices above 135K, we’ll witness the bull rally gaining momentum. Why?
From a cyclical perspective, combining on-chain and technical data, I’m confident we are not yet at the peak of this bull rally. At least, if all this data isn’t going to become irrelevant, I’m certain of it. I believe that once Bitcoin surpasses 135K, the bull rally will accelerate, leading to a parabolic rise.
In the chart, you can also see the MVRV Z-score (below), providing additional evidence that we are far from the peak.
BTC USDTBitcoin's bullish momentum has strengthened as if it successfully broke above the Green resistance zone, which lies between $9,305.30 and $9,900.43, along with a descending trendline. This resistance zone represents the range high. To sustain this bullish trend and pave the way for new highs, Bitcoin needs to flip this zone into a strong support level. This transition would confirm buyer dominance and potentially signal the continuation of the upward trajectory.
Bitcoin (BTC/USD) forming a potential triple topThe chart shows Bitcoin (BTC/USD) forming a potential **triple top** pattern at the key resistance zone of around 102,600. This is a bearish reversal structure, signaling potential downside if confirmed. Here's the short analysis:
1. **Key Observations**:
- **Triple Top Formation**: Indicates strong resistance at the 102,600 zone.
- **Bearish Structure**: Price previously rejected from this zone twice, leading to a significant decline.
- **Break of Structure (BOS)** and **Change of Character (ChoCh)** labels hint at bearish momentum after failed attempts to break resistance.
2. **Next Steps**:
- **Wait for Confirmation**: The chart suggests waiting for bearish confirmation, such as a strong rejection or a BOS to the downside, before entering a sell position.
- **Target Levels**: Downside targets could be the next significant support levels, likely around 100,000 and 96,000, as indicated by the arrow.
3. **Risk Management**:
- If price breaks above the resistance (invalidating the pattern), bullish momentum could continue, so stop-loss placement is essential above the resistance zone.
BITSTAMP:BTCUSD
BTC long trade setup using ICC conceptsBTC is showing buyers presence by pushing price back to the resistance.
If buying volume rises on the resistance, we can zoom into low timeframes to find a bullish structure.
If price breaks above that bullish structure, we can expect the price to reach the last high, 108k, our target. It's weekend so it's low volume, RSI is overbought, I expect price to chill around 100k-103k. We just wait patiently for the price to tell us what it wants to do, could be a 1:3 or 1:4 trade.
"BTCUSD Technical Analysis: Based on the provided chart:
- **Support Zone**: BTC is currently near a support area around 92,000. This level might act as a bounce zone for a potential bullish move.
- **Targets**:
- If the price bounces, potential resistance levels are marked at 98,000, 102,000, and 108,000.
- These levels can act as profit-taking zones for long positions.
- **Stop-Loss Zone**: A stop-loss seems to be placed below the 90,291 level, indicating a critical invalidation zone for the bullish outlook.
- **Strategy**: A confirmation of a bounce or reversal from the support zone could justify entering a buy position targeting higher levels. Without confirmation, there is a risk of price breaking lower.
GOLD XAUUSD BULISH CHANNELXAUUSD is currently trading within a well-defined bullish channel pattern, characterized by higher highs and higher lows, indicating a strong upward momentum in the market. The lower trendline of the channel acts as a support level, providing a cushion for price pullbacks, while the upper trendline serves as a resistance zone, marking potential targets for buyers. As long as the price remains within this channel, the overall sentiment remains bullish, suggesting continued growth. A breakout above the resistance level could signal accelerated bullish momentum, while a break below support may indicate a potential reversal or consolidation phase.
BTC LONG TP:102,000 08-01-2025Bitcoin recently underwent a manipulation that hindered its ability to continue the anticipated growth. However, the key levels have been respected, allowing us to expect a potential upward movement in the coming days. It is likely that the price will return to 102,000 within a span of 4 to 5 days, which shouldn't pose a significant issue. In this context, we will be looking for opportunities to open long positions in the ranges of 94,000 to 92,000, where we believe good entry points may arise.
Bitcoin - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
73777.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
A trough is formed in daily chart at 88963.75 on 01/13/2025, so more gains to resistance(s) 102643.85, 108293.92, 110000.00 and more heights is expected.
Take Profits:
99607.07
102643.85
108293.92
110000.00
115000.00
118110.67
120000.00
125000.00
130000.00
134142.91
Total Profit: 5567500 point (55%)
Closed trade(s): 506200 point Profit
Open trade(s): 5061300 point Profit
Trade Setup:
We opened 11 BUY trades @ 94545.07 based on 'Hammer' entry method at 2025-01-13.
Closed Profit:
TP1 @ 99607.07 touched at 2025-01-15 with 506200 point Profit. (5%)
Open Profit:
Profit for one BUY trade is 99606.37(current price) - 94545.07(open price) = 506130 point (5%)
10 trade(s) still open, therefore total profit for open trade(s) is 506130 (5%) x 10 = 5061300 point (50%)