Bitcoin Monthly Candle Close Colour and patterns JAN UPDATE
January Candle closed GREEN after a RED December close.
This now complicates issues greatly.
Of the previous 7 Green January Candles, 3 were after a RED December
We just created a 4th Green January after a RED December, which was the last December, 2024, current cycle.
From those 3 previous occasions, 2 of those went to a RED February and the 3rd was a close call but just managed to remain Green
Of the 3 RED February we have ever had, every one came after a Green January
Of the previous 7 Green Januaries, we had 4 Green February
The 3 Green Januaries after a RED December, went as follows ;-
The 1st was just after the 2013 ATH and led us down the slope into a Bear. The Following March was also RED
The 2nd was after Jan 2020 and the February closed RED and the March that followed saw a deep dive of near -60% before recovery that eventually led to the 1st ATH in 2021
The 3rd was in 2023 and February Closed Green but only Just and The Following March saw a 40% Rise Green
The other RED February we had was in 2012. This Followed a Green December and January and the March that followed was RED but then the Price went mental and rose to the 2013 ATH
If we are following patterns, we have a higher chance of a RED Feb and maybe March also but from that point on,. we Rise
This would actually be beneficial to Bitcoin PA as the weekly MACD is still OverBought and needs to cool off if we are going to reach for anew ATH in Q3 or Q4 2025
The real question is, are we still following patterns ?
Remeber, this is the BITCOIN chart - If BTC pulls back a bit, the ALTS will Follow
Providing BTC PA remains stable and BTC Dominace decreases, then ALTS have a chance.
But, as I mentioned early last year ( I think it was) Because Bitcoin is now a Corporate asset and seems to be being bought with a view to hold longterm, where will the Liquidity to finance an ALT Season come from ?
I think the ALT seasons we all remember are highly unlikely to return and I will explain why in a post I am currently building up where I will do the Monthly ccandle close colours for TOTAL and OTHERS Market Caps
Just got to find the time to finish them
Stay safe
BTCUSDT
HelenP. I Bitcoin will grow to resistance level and then dropHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price broke the support level and tried to grow more, but failed and in a short time declined to 91900 points firstly and then it fell to the trend line. After this, BTC turned around and started to grow inside a triangle pattern, where it soon reached the 98800 level, broke it, and continued to move up, after retesting. Later BTC rose to a resistance level, which coincided with the resistance zone, and even rose higher and reached a new ATH, but then it turned around and dropped below the resistance level, breaking it one more time. Then the price tried to return, but failed and some time traded near the 106400 level and then dropped to the support zone, where it reached the trend line, which is the support line of the triangle as well. After this, it rebounded up to the triangle pattern's resistance line, which continues to trade to this day. So, I expect that BTCUSDT will make a move up to the resistance level and then start to decline to the trend line, therefore I set my goal at 101K points, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
BTCUSD
#BTCUSD
Bitcoin is currently following the overall market trend, showing signs of weakness. It's crucial to wait for confirmation before making any significant moves.
🔹 Key Levels to Watch:
Support Zone: Monitor key levels for potential rebounds.
Resistance Levels: A breakout above resistance could trigger strong bullish momentum.
📉 If the market remains bearish, be cautious with leverage.
📈 If BTC shows strength, it could signal a trend reversal.
🚨 Reminder: Stay patient, manage risk, and don’t rush into trades. The next move could be crucial! 🚀🔥
BTCUSDT at daily support, likely to bounce towards 103500The price has come down to daily support DS1. There is a likelihood that the price will find support here and will bounce. A long trade is favorable here from probability point of view. The target of this trade should be around 103.5k. There we have a resistance and the price may face struggle to cross that region and eventually retrace from there.
BITCOIN (BTC/USDT) ASCENDING TRIANGLE BREAKOUT !!Bitcoin (BTC/USDT) 4H Analysis: Breakout Toward $110K?
Key Observations:
1. Ascending Triangle Formation:
BTC is forming an ascending triangle pattern, a bullish continuation setup.
A breakout above resistance could lead to a strong upward move.
2. Key Levels:
Resistance Zone: ~$108K-$110K (highlighted in red).
Support Zone: ~$104K-$105K.
200 EMA Support: Currently at $100,528, acting as a strong dynamic support.
3. Potential Scenarios:
Bullish Breakout: If BTC holds above $104K and breaks resistance near $108K, it could rally toward $110K and beyond.
Rejection & Retest: If BTC faces rejection, a pullback to $104K or even the 200 EMA ($100.5K) could occur before another attempt higher.
Conclusion:
Bullish bias remains intact as long as BTC holds above $104K.
A confirmed breakout above $108K-$110K could trigger a move toward new highs.
Watch for volume confirmation on a breakout to validate the uptrend.
BTC | W-BOTTOM Pattern Continuation - UPDATEA quick continuation on yesterday's BTC update, with regards to the bullish W bottom pattern that likely takes us into the new ATH.
There are a few conditions that need to be met in order to "secure" the W pattern, but we're currently not seeing these conditions met. The good news, is that it's beginning to look more like a cup an handle pattern, also a bullish pattern.
This daily lose and especially the weekly close is going to be a KEY candle close to watch.
___________________
BINANCE:BTCUSDT
Bitcoin Faces Resistance for the 7th Time—Breakout or Rejection?Bitcoin ( BINANCE:BTCUSDT ) is attacking the Resistance zone($107,300-$105,400) for the seventh time ; even in one of these attacks , it created a Bull Trap .
During the last two to three days , Bitcoin has formed an Ascending Channel(Black) and another Ascending Channel(Purple) in the 15-minute time frame .
According to the theory of Elliott waves , Bitcoin seems to be completing microwave 5 of the main wave 5 , and we can expect corrective waves at least up to the upper line of the descending channel(broken) .
I don't expect Bitcoin to succeed in breaking the Resistance zone($107,300-$105,400) in the seventh attack , although there is positive news around the crypto market , but I think we need a stronger stimulus to break this resistance zone (real news) .
Cumulative Short Liquidation Leverage: $108,218-$106,476
Cumulative Long Liquidation Leverage: $104,460-$103,911
Note: The negative point is that the upper line of the descending channel was not broken with a large volume, so we hope for the break of the Resistance zone($107,300-$105,400).
Note: If the lower line of the ascending channel(Black) is broken, we can expect further decline and filling of the CME Gap($101,525-$100,375).
Note: If Bitcoin goes over $108223, we can expect more pumps and maybe a new ATH.
Can Bitcoin break the Resistance zone($107,300-$105,400) and create a new All-Time High(ATH)!? Please share your ideas in the comments.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SHIBA update#SHIBA can make another down wave because it made a triangle with 5 waves
there is a down wave before the triangle which is wave A
the whole triangle is wave B
now we are waiting for wave C
its the last correction before making new highs
check out our last analysis on shiba in higher time frames
TradeCityPro | Bitcoin: Dominating Crypto's Throne👋 Welcome to TradeCityPro!
Today's analysis is on Bitcoin, the undisputed king of cryptocurrency, leading with the highest market cap and dominance.
📅 Weekly Timeframe
We're witnessing a robust upward trend that began from a low of $15,922. After breaking through the consolidation range between $25,000 and $30,600, Bitcoin embarked on an impressive rally up to $70,831, setting a new all-time high (ATH) beyond the previous peak at $69,000.
🔍 Following the peak at $70,831, Bitcoin entered a roughly 250-day reaccumulation box ranging between $54,972 and $70,831. The $54,972 area was critical as it also aligned with the 0.236 Fibonacci level.
🧩 After 250 days, Bitcoin finally secured a position above $70,831, initiating the third leg of its ascent, reaching up to the 0.618 Fibonacci extension level around $106,000. Currently, the price has been ranging for several weeks, establishing a reliable base around $92,000, more noticeable in shorter timeframes.
🚀 I believe Bitcoin’s final bullish leg has not yet concluded, and we could soon see a breakout above $106,000, aiming for targets like $126,000 and $158,000, corresponding to the 0.786 and 1.0 Fibonacci extension levels. These targets seem logical for Bitcoin, but there's an even more ambitious dynamic target to consider.
✅ If Bitcoin surpasses these levels without significant resistance from Fibonacci levels, we could derive an upper target from the RSI. The 88.88 resistance in the RSI has historically capped Bitcoin’s peaks twice.
💥 However, RSI alone does not offer a precise price target as it heavily depends on momentum, but it suggests a potentially unreachable goal, which we should consider to keep our bases covered.
📊 Market volume currently favors the bullish trend, diminishing during corrections and rising with the trend, indicating a convergence of volume and direction. However, an increase in sell volume could signal a potential trend reversal, given Bitcoin's substantial rise.
📉 If a downturn initiates, Bitcoin has robust support at $70,000—the previous ATH—and other critical Fibonacci areas like $55,000, $47,000, and $37,000 that could act as barriers against sharp declines. Additional supports at $30,000, $25,000, and $15,900 could prevent deep falls during severe corrections.
✨ A break below 44.14 in the RSI could be critical as it has defined Bitcoin’s lows several times, indicating significant momentum shifts.
📅 Daily Timeframe
In the daily view, Bitcoin's recent trajectory is clearer. Breaking through the resistance at $72,981 with substantial volume, it ascended to $106,436.
🔼 Currently, after reaching this resistance, volume has decreased, and a price box has formed between $92,355 and $106,436. Given the strong upward momentum observed in the weekly timeframe, breaking the $106,436 resistance could propel Bitcoin towards the targets discussed earlier.
⚡️ Noticeable divergence in the RSI, although it doesn't necessarily indicate a weakening trend since there are no signs of divergence in candlestick patterns or volume, suggests a reset in momentum is likely.
💫 A fall below 41.12 in the RSI might trigger a bearish momentum, with $92,355 being a crucial support. If this level breaks, the next supports will be between $84,000 and $89,000, aligning with Fibonacci levels of 0.5 and 0.382. Beyond this, we might see a significant downturn towards $72,981, aligned with the 0.786 Fibonacci level.
⏳ 4-Hour Timeframe
In the 4-hour chart, we find Bitcoin in a smaller range between $101,360 and $106,436, near a strong supply zone.
📈 For long positions, the only current trigger is breaking $106,436. For a safer entry, wait for the upper range to break before entering.
🔽 For shorts, the $101,360 level acts as an appealing trigger, having previously demonstrated significant support. Potential short targets are at $95,239 and $91,757.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Bitcoin can make correction to support line and then rebound upHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time ago rebounded from the support level, which coincided with the buyer zone and started to grow to the resistance level. When BTC almost reached the 106K level, it turned around and made a small correction, after which it rose to the seller zone in a short time. Then the price dropped to the buyer zone, after which made a strong impulse up to new ATH (109K points) and started to trades inside the triangle. In this pattern, the price at once made a correction movement to support line of the triangle and then repeated impulse up to the seller zone. After this movement, BTC made a correction to the support line of the triangle again and then backed up to the seller zone in a short time and even rose to the resistance line of the triangle pattern. Next, the price started to decline and later fell to the support level, exiting from the triangle pattern and also then broke the 100K level and fell below. But then BTC started to grow near the support line and soon broke the 100K level one more time and continued to move up next. Recently it made correction and then continued to grow, so, in my opinion, Bitcoin can correct to support line again. After this, I expect that the price will continue to move up the resistance level. That's why I set my TP at 105K points. Please share this idea with your friends and click Boost 🚀
BTC will have a Minor Top at 124k. Gameplan!In this follow-up video, I’m reviewing my Bitcoin $124K upside thesis and how price action has been unfolding currently exactly as expected! 🎯
📊 Key Highlights:
✅ BTC is on track toward the $124K target 📈
✅ Price followed the predicted path perfectly
✅ What happens after $124K? Looking for a bearish reversal 🔄
Watch the full breakdown and let me know your thoughts in the comments! 👇
Do you agree with the thesis?
MNT/USDT Trading Plan – February 2025Current Market Overview:
Price: $1.19
Resistance: $1.32
Support: $1.10
Indicators:
RSI: 53.74 (Neutral, with room for upside)
EMA (8): $1.14 (Bullish crossover)
Volume: Increasing, indicating accumulation
Trade Setup:
📈 Entry: $1.20 - $1.25 (Breakout confirmation above key resistance)
📊 Take Profit Targets:
TP1: $2.00 (+65%)
TP2: $3.00 (+150%)
🔻 Stop Loss: $1.08 (Close below support to minimize risk)
Technical Justification:
Bullish Pennant Pattern: Breakout expected if volume increases
Trend Confirmation: Above $1.32 = strong rally potential
Momentum Shift: RSI above 53 suggests growing buying pressure
Recent News & Fundamentals:
Massive Growth: November 2024 rally saw +74% gains in 5 days
Investor Confidence: Active addresses & network growth at 3-month highs
Market Sentiment: Bitcoin's rally fuels altcoin interest
Risk Management:
Position size 1-3% of portfolio
Adjust stop-loss dynamically as price moves toward targets
🚀 Conclusion:
With a breakout above $1.32, MNT has strong potential for a sustained bullish move. Investors should monitor volume and confirm breakout before entering. This setup offers a high-reward opportunity with a favorable risk-to-reward ratio.
📌 Stay updated & adjust accordingly.
TRUMP Long - Did You Give Up Yet? Good!Basically we're in the classic time range where bottom might likely occur since longs experience complete emotional damage. Let some room for your stoploss. We're at the end of the range and have at least a 70% up potential. This is an excellent risk / reward trade idea.
BTCUSDT TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ crypto Traders SMC-Trading Point update you on New technical analysis setup for crypto BTC USDT trade BTC USD take breakout of bearish trand channel 💥 🚀 I see it holding up trand bullish trade 109k I'm expecting a successfully breakout one said that entry Short or bull 🐂 trand
Key Resistance level 106602 + 107124 + 109649
Key Support level 103838 - 100231
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Bitcoin Targeting $110,000: Major Profit Opportunities Await.Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin , 📚🎇
The price is currently moving within a parallel channel, showing stable trends. With market volume increasing and the political changes following Trump’s presidency, we expect a boost in trading activity, which could push prices higher. As the market adapts to these shifts, we predict the price will break out upwards soon, likely generating strong momentum and a minimum 11% gain. The combination of rising volume and political influences points to a positive outlook. Traders should be ready for a potential rally, as these factors are set to drive the price up. We’re optimistic about short-term gains due to these dynamics.
🧨 Our team's main opinion is: 🧨
The price is stabilizing in a channel, but with rising market volume and political shifts from Trump’s election, we expect a breakout and at least 11% gains. Traders should prepare for a potential rally as these factors drive prices up.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Bitcoin Domination to Last LongerThe price of the main currency's domination charts familiar pattern of sideways consolidation.
The dominance might stay in the range between 55% and 62%.
The blue zigzag illustrates potential scenario of consolidation.
The final drop to retest 55% level could be scaring but this will be just
a final leg down before uptrend resumes to target 65-68%.
BTC/USDT CHART UPDATE !!The chart focuses on the BTC/USDT price action and highlights key technical levels.
The chart shows Bitcoin breaking above the descending trendline, indicating a potential shift in momentum from bearish to bullish.
A successful retest of the trendline could confirm this breakout.
The green area below (around $92,500-$95,000) represents a strong support area where buyers will likely step in.
Immediate resistance is around $107,500-$110,000, which could hinder further upside.
The 21-day MA (black) and 50-day MA (red) are plotted.
Price trading above both moving averages indicates bullish momentum.
The 21-day MA appears to be providing short-term support.
Bitcoin is forming higher highs and higher lows, consistent with an uptrend.
A close above the recent high could signal continued upward momentum.
A breakout above $107,500 could lead to further gains toward the $112,500-$115,000 region.
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
106K Showdown: Can BTC Send?Bull
Breaking levels—momentum needs to keep rolling.
If this is the send, eyes on the usual markers.
106K is still the big bad bulls need to break.
Clear that, and we start looking for idealized moves.
Let’s see if they’ve got the juice.
Here is the ideal path if it can break above.