BTCUSD - Is this a bottom ?- Simple support channel trendline from sep 2023 and aug 2024
- daily rsi oversold like crazy
- 81k3 : 1 fib extension from low 2018 to high 2021 and low 2022
- 79204 : 0.5 fib retracement from low aug 2024 to ATH
- bullish div on lower timeframes
Those are strong bullish supports from high timeframes
watch out for another try from bears like 11 sep 2023 or 6 sep 2024 but I’m expecting more than a bounce from this
BTCUSDT
BTCUSDT.. again at resistance ? What's next??#BTCUSDT.. that was a perfect move and market dropped as we discussed in our last idea regarding #BTCUSD, that was 12k pips ride
Now market again near to his current resistance region that is around 80500 to 81400
Keep close that region and if market tholds then again drop expected.
Good luck
Trade wisely
BTCUSDT, Bearish Scenarios for upcoming days ...Hello Traders, Hope you're great.
for Upcoming days, I anticipate 2 Bearish scenarios :
In First Scenario, I expect price does an upward correction to the nearest broken support level that became to an important supply zone around 91-93K and after that starts to drop.
in Second scenario, I expect price does a further upward correction and goes to the supply zone around 95-97K and after that start a major downward movement.
Targets are 85K, 82K and my final target is 77K.
Don't forget to use proper risk management.
And finally tell me what do you think about BTCUSDT, UP or DOWN ? comment your opinion below this post.
Bitcoin in an Inverted Triangle – What’s Next?Hey, traders! 👋 Bitcoin is currently forming an inverted triangle, a pattern that often signals strong volatility ahead. Take a close look at the chart—I've marked key moments with different colored circles:
🟠 The price touches a key level.
🔴 After testing, the price drops sharply.
🟢 After testing, the price rises rapidly.
The levels are clearly visible on the chart, but what happens next? That’s the big question!
I’m not hinting at anything—this chart is open for interpretation. Everyone sees what they want to see, or maybe it helps deepen your own analysis.
So, what do YOU see? Where is Bitcoin headed next? Let’s discuss in the comments!
Thanks for Your attention🫶
Sincerely Yours, Kateryna 💛
Bitcoin- Fibonacci Retest and Oversold RSIBitcoin's daily chart shows a significant price retracement, currently testing the key 0.5 Fibonacci level around $79,000. This level historically acts as a strong support zone during corrective phases. If BTC holds above this level, it could signal a potential rebound. However, if it breaks lower, the next major support is near $72,000 (0.618 Fibonacci level).
Additionally, the Relative Strength Index (RSI) has dropped to the 20 level, indicating extreme oversold conditions. Historically, such low RSI readings have led to strong reversals. If buying pressure emerges, BTC could see a recovery from these levels.
Regards
Hexa
DOGE vs BTC: MACD DivergenceHello,
They may bothe be dropping against the inflated dollar, but this indicates that DOGE is becoming stronger in the battle of David vs Goliath. Thats me… im Dave, and Doge is the coin that I am manifesting will lead us into the 5D world of the new earth. I believe that BTC is grossly tied to the corrupt money markets… and that DOGE will remain the favor of crypto investor’s hearts.
I believe that the crypto world will pull the biggest pump and dump of all time on the corporate / military industrial complex, and walk away from BTC, leaving them with an empty bag of old school blockchain tech.
This double stacked MACD DIVErgence corroborates this awareness of hte future.
I remember form last time (not in this linear life) that Doge bites BTC on the way off the cliff…. But let’s go and shakes free of the mammoth Goliath of crypto as it crumbles! I remember the way it felt before…. And i know im on a higher vibrational level this life. Surrendered to love. And Doge invokes the emotion of … Unconditional Love.
As more of us gain these awareness, we will see a massive migration of wealth from BTC, and its evil little step sister ETH, over to DOGE. Cause it represents the hard earned work energy credit of the common person here on earth. There is not blood of war on the doge books.
Oh… my MACD observations are color coded for you.
If you want to see what DOGE is doing Ont eh long range… check the linked post i put up yesterday… ish…. Within the last sleep cycle or two anyhow.
Sending Love, and a reminder of the only true universal law on earth:
May All beings live happy and free and may you cause no harm by action or thought to to any living being, or their belongings.
Bitcoin's Symmetrical Triangle Hi friends, whenever I have a moment of free time, I immediately come to share my thoughts on Bitcoin's price movement with You🩷
Since February 24th, Bitcoin has been forming a technical pattern known as a symmetrical triangle, often seen as a sign of market indecision. This pattern is characterized by the price oscillating between converging support and resistance lines, indicating a balance of buying and selling pressures.
Currently, Bitcoin's price is fluctuating within this triangle, gravitating towards the upper resistance line. As the apex of the triangle approaches, the market's uncertainty could culminate in a decisive move. Given the historical behavior of similar patterns, it is plausible that we may witness a sharp price decline soon, potentially reaching levels as low as $60,000 to $58,000.
This anticipated move aligns with the technical analysis principles, where symmetrical triangles often precede significant price breakouts or breakdowns. Traders should monitor these key support and resistance levels closely and consider the broader market context and potential external factors that could influence Bitcoin's price action.
What do You think? What can we expect after the formation of this triangle? It's certain that there will be a strong movement, but will it go up or down?
Thanks for Your attention 🫶
Truly Yours, Kateryna💋
ROAD TO 130K !!!Now that Bitcoin is returning to the cup-and-handle support, one can expect a strong pump up to $130k . it might happen.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BTC: Lost Key Support! What’s Next?🚀 Hey Traders!
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
🚨 BTC Breakdown Alert!
BTC has lost the critical GETTEX:87K -$90K support in the daily timeframe—a level it held strong for over 3 months! Now, it's looking like a bearish retest, which could lead to another leg down. 📉
🔻 Next Major Support: $72K-$75K
✅ Bullish Reclaim? BTC must close above GETTEX:87K on the daily to confirm this as a fakeout—until then, the bias remains bearish.
🔥 What’s your take? Are we heading lower, or will BTC reclaim its lost ground? Drop your thoughts below! ⬇️🔥
Bitcoin Dropped Below $80k: Will This Nightmare Will Be Stopped?Hello, Skyrexians!
Despite the extreme fear tonight BITSTAMP:BTCUSD continues going down and finally broke $80k. Investors are panic selling right now and don't know what to do. But we pointed out earlier that the most impulsive part of bull run ahead and current dump is just the correction.
Let's take a look at the weekly time frame. Here we can see that the potentially strongest reversal signal has been broken. We are talking about divergence with AO. That is the reason why we marked that waves 1 and 2 like you see on the chart. According to this counting we can see that wave's 3 targets are at the $140k and $190k. At the same time we wanna tell you that the strong resistance is located at 1 Fibonacci level at $110k and we have seen it already.
Current dump is wave 2 inside wave 3. It has the target between 0.5 and 0.61. The first one has been already reached. We expect reversal from here. Moreover Fractal Trend Detector is showing us bull run support with the green zone and now we see its retest.
Best regards,
Skyrexio Team
___________________________________________________________
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BTCUSDT. We can start looking for medium-term purchases.Hey traders and investors!
Looks like price is close to downside targets as expected in the linked post.
I assume that the most capitalized coins have not yet reached their short targets (for example BTC, BNB, SOL). This means that there will probably be further price reductions.
The price has almost reached the level of 50% of the last impulse on the monthly TF.
We can start looking for medium-term purchases.
I wish you profitable trades!
Phemex Analysis #63: Riding the Storm of BTC’s DropThe crypto market never sleeps, and neither does Bitcoin’s legendary volatility. From euphoric rallies to gut-wrenching drops, Bitcoin continues to test the nerves of traders worldwide. Now, with BTC hovering in the low $80,000s, many are asking: Is this the beginning of a deeper correction, or the perfect setup for the next big opportunity?
Professional traders don’t just watch the market; they capitalize on it. While many fear a price drop, seasoned market participants know that volatility breeds opportunity. Whether Bitcoin tumbles further or stabilizes, there are multiple ways to navigate and profit from its price movements.
1. Short Selling – Profiting from the Fall
Bitcoin is experiencing high trading volume and a low RSI, signaling strong bearish momentum with no immediate signs of reversal. When the market trends downward, skilled traders can capitalize by strategically shorting BTC.
To execute this strategy, traders should initiate short positions to profit from BTC’s continued decline. Proper risk management is essential, with the $87,060 resistance level serving as a key point for setting a stop-loss to minimize potential losses.
For profit-taking, key support levels to watch include $75,000, where Bitcoin historically tends to bounce after a 25% drop, $66,814, a known demand zone where reactions from buyers are likely, and $58,917, a critical level that, if broken, could signal a more extended bear market.
Noted that this strategy is best suited for advanced traders who can time their entries effectively and manage risk appropriately.
2. Grid Trading – Automating Profits in Volatility
Even in a downtrend, Bitcoin rarely moves in a straight line. Price oscillations near major support levels create opportunities for frequent small profits, making it an ideal setup for grid trading bots. By deploying these bots, traders can automate buy and sell orders at predefined price intervals, systematically capturing gains from Bitcoin’s price swings.
The key to success in grid trading is identifying strong support levels where Bitcoin exhibits frequent bounces. Setting up a trading grid near critical levels like $75,000, $66,814, and $58,917 allows the bot to execute buy orders on dips and sell orders on small recoveries, profiting from volatility even during a broader downtrend.
While this strategy is effective in choppy markets, it requires careful adjustments. If Bitcoin breaks below support with high volume, traders must reevaluate grid placement or temporarily pause the strategy to avoid excessive losses.
3. Dollar-Cost Averaging (DCA) – Playing the Long Game
For long-term Bitcoin believers, every dip presents an opportunity. Instead of trying to time the exact bottom, DCA allows traders to accumulate BTC gradually at lower prices, reducing overall entry cost and minimizing exposure to short-term price swings.
Setting up recurring buy orders near or slightly below key support levels ensures steady accumulation. Allocating a fixed percentage of capital to these entries helps maintain discipline and prevents emotional trading.
Over time, as Bitcoin recovers, the lower cost basis translates to greater long-term gains. While this strategy requires patience, it remains one of the most effective ways to build a strong position in Bitcoin without being affected by daily price fluctuations.
Final Thoughts – Turning Fear Into Opportunity
Bitcoin’s latest dip isn’t just a test of nerves—it’s an opportunity for skilled traders to make strategic moves. Whether shorting the downtrend, trading the volatility with automation, or accumulating for the long haul, each strategy offers a unique way to profit from market conditions.
Short selling takes advantage of continued bearish momentum, grid trading systematically generates profits from price fluctuations, and dollar-cost averaging builds a solid long-term position.
By applying disciplined risk management and adapting to market conditions, traders can turn Bitcoin’s volatility into a profitable advantage rather than a source of uncertainty.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Check accuracy from last post, for BTC Here's an example demonstrating how BTC hits liquidity when you have the right knowledge to capitalize on it. Check my last post just a few points shy of the entry, but the speed at which it reached the target is incredible, showcasing both trend following and liquidity sweeping.
BTC - READY for 93k!As OB suggests there's orders stacked at 78.2k.
Once BTC reaches 80.2k (CMP 81,000) buyers need to defend thier order stacks till 78.2k. Which means you would see a either 2days 5K move or a single 10.1k btc MOVE in a day to 🆙🆙only if it defends the range mentioned.. Green Box is the final or what we say a MAJOR stack of Defence! and all side blacklines marked are solid v'aand nPoC's. So get your tickets ready!!
Bitcoin: Wave 4 or Wave goodbye...to this variantIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bitcoin Wave 4?: Key Levels & Critical Juncture
Bitcoin’s recent price action has put traders on edge, as we continue to push into the deeper reaches of the Wave 4 territory. The market rejected 99-100K, aligning with expectations, but it took a deeper path than my bullish outlook preferred. While I caught the correct direction, this move is now at a critical juncture where bulls need to step up—this is their last chance to hold this count as a probability and regain momentum, IMO.
Losing Ground on This Count
A clean break above 99K never materialized, reinforcing bearish sentiment and increasing the likelihood of further downside. The bulls have struggled to gain control, and without a strong push, this count risks full invalidation. At this stage, I remain cautious, knowing that sticking to weak counts is a losing game.
Key Levels to Watch
🔹 86.6K – Immediate obstacle for bulls to reclaim 📈
🔹 92K – The real test; a reclaim here would suggest bullish intent 🎯
🔹 75K – Next major support if bulls fail to hold structure ⚡
What Comes Next?
If this variant is going to stay on the probability list, it has to prove itself now. It was cautiously at the top of the list, but has broken the key levels and ideal price action I was looking for to keep it there.
Bitcoin is at a make-or-break moment—will it find strength, or are we heading for a deeper correction? Let me know your thoughts in the comments. 🚀
Trade safe, trade smart, trade clarity.
BTCUSDT - it will go lower in 2025hi traders,
BTCUSDT looks very bad.
Monthly close is upon us and it looks like it's gonna be a bearish engulfing candle.
I expect a bearish retest at 90-92k and next the continuation of the downtrend.
We can see a bearish divergence on the monthly time frame.
BTC will follow SPX. Feel free to check our SPX analysis:
Be patient and buy BTC around 60-70k.
Good luck