Level to watch The market is currently at a critical juncture, facing a pivotal decision: either rallying back to 90,000 or breaking the key support level at 73,800.
Previously, I highlighted a potential top once the market reached 100,000, with an initial target around 74,000, which the market has already breached twice. At this stage, it’s a fierce battle between the bulls and the bears, making it challenging to predict the next move.
A rally from here could push the market back into the 85,000-90,000 range. If it breaks through 90,000, there’s potential for a climb to 108,000, possibly even 125,000.
On the other hand, a break below the crucial support at 73,800 could signal a deeper correction, potentially bringing the market down to 48,000.
I've been short on ETH and XRP, expecting a more bearish trend for both. ETH has already hit its target, while XRP could potentially drop back to 0.45.
The upcoming days will certainly be fascinating to watch.
BTCUSDT
Bitcoin Pullback Complete – Bears Gearing Up for Round Two!!!First of all, let me say that the market has been very excited these past few days, so be more careful with your capital management.
Also, these days, Bitcoin ( BINANCE:BTCUSDT ) has a high correlation with the US stock market indices , and one of the most important of them is the S&P 500 Index ( FOREXCOM:SPX500 ).
Today, I published the following analysis for the S&P 500 Index , which I used as a result of that analysis for Bitcoin .
Bitcoin is trading near the Resistance zone($81,610-$79,800) , the Yearly Pivot Point , the Daily Pivot Point , the important uptrend line (broken) , and the Cumulative Short Liquidation Leverage($81,500-$79,677).
Overall, it seems that this uptrend in Bitcoin over the past few hours was a pullback to the broken Important uptrend line and the liquidation of short position s. Do you agree with me?
In terms of Elliott Wave theory , it seems that the uptrend of the last few hours has been in the form of a Zigzag Correction(ABC/5-3-5) and we should expect another decline .
Based on the above explanation , I expect Bitcoin to resume its downtrend and approach the Potential Reversal Zone(PRZ) again ( after breaking the support lines ).
Cumulative Long Liquidation Leverage: $74,520-$73,244
If you want to see my overall view of Bitcoin on the weekly timeframe and further understand the significance of the Uptrend line(broken) , you can refer to the following idea:
Note: If Bitcoin can completely fill the CME Gap($84,475-$81,450), we should expect further increases.
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 a 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.
[BTC] Crash to $26k: Generational Buying OpportunitySince 2022, Bitcoin has surged in a major bull market, hitting the psychological $100k milestone. However, a triple divergence on the weekly RSI signals an overbought market, pointing to an imminent pullback.
The recent peak likely marked the end of Wave (3). Given that Wave (2) was an expanding flat (verifiable on lower timeframes), Wave (4) should bring a sharp, significant correction.
Wave 4 of (3) formed a running triangle, followed by a short Wave 5—exactly as occurred. Running triangles in Wave 4 paired with a brief Wave 5 often indicate distribution, typically preceding a major move against the trend.
The price action from March 2024 into 2025 resembles classic distribution. Since peaking near $110k, Bitcoin has declined slowly but steadily, suggesting a major crash rather than a typical medium-term pullback.
The $26k–$30k range offers robust support, and it’s unlikely the price will drop much lower. Along the way, the 200-week moving average (MA200 Weekly)—Bitcoin’s strongest historical support—could trigger a significant bounce. However, if this level is decisively breached, full-blown panic could ensue.
Given my expectation of a 2008-style bear market in the S&P 500 (see related ideas), the timing aligns perfectly. A market-wide crash would inevitably impact Bitcoin, as panic drives capital out of all markets to meet margin calls.
The $26k zone should mark the crash’s bottom, potentially presenting a generational Bitcoin-buying opportunity. If the S&P 500 retests its COVID lows while Bitcoin only revisits its 2023 consolidation range, it would underscore BTC’s relative strength. Once panic subsides, capital could flood into Bitcoin from across the globe.
Technically, this would be the bottom of Wave (4). Wave (5) could then propel Bitcoin to $1 million per coin in a powerful uptrend.
[BTC] $1M Bitcoin Inevitable—After a $26k CrashToday, I posted predictions that Bitcoin (BTC) will crash to $26k and the S&P 500 (SPX) will retest COVID lows (see related ideas). Yet, I firmly believe that post-crash, Bitcoin will soar to $1 million per coin—an inevitable outcome that could unfold rapidly, perhaps within one or two years.
Consider this: Bitcoin is no longer a fringe, unproven technology. It’s the world’s largest and most robust computer network, running without downtime for 16 years.
Critics argue quantum computing will kill it, but they overlook a key point: if quantum computers break traditional encryption, the entire internet, banking system, and digital infrastructure collapse too. Is this possible? Yes, but humanity tends to solve such challenges. By then, quantum-resistant cryptography will likely be implemented, and no profit-driven miner will resist it.
Hyperbitcoinization, forecasted 11 years ago (hyperbitcoinization.com), is unfolding now. Reports suggest 60–70% of hodlers never sell, stabilizing supply. Meanwhile, demand is surging globally. Individuals are pouring savings into Bitcoin, selling homes, borrowing, and maxing out credit cards. Visionaries like Michael Saylor borrow billions to buy more. New demand streams keep emerging: ETFs enable retirement account investments, seasoned “wise” investors are finally onboard, institutions are piling in, banks worldwide offer Bitcoin accounts, nation-states and politicians join the fray. Capital is flooding into Bitcoin from every corner, draining other markets.
This is arguably the strongest bull market in modern history. Bitcoin’s price lacks traditional fundamentals—it’s a psychological market fueled by belief and emotion. Emotionally charged bull markets don’t fizzle out with quiet distribution; they end in a euphoric squeeze beyond imagination. What’s happening resembles a market cornering (en.wikipedia.org) —not by a malicious group, but by humanity-wide groupthink. Think Tulip Mania or the Dutch East India Company. Skeptical? Read Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay.
Bull markets don’t die under selling pressure; they collapse when demand is exhausted. But with capital being siphoned from all markets, when will demand dry up? Only when the price reaches a level requiring infinite capital to push higher. No one knows exactly when, but it won’t be before $1 million per Bitcoin.
If my 2008-style SPX crash prediction (see related ideas) proves correct and Bitcoin only falls to 2023 levels ($26k), its resilience will shine. While the SPX retests COVID lows, Bitcoin’s shallower drop would signal unmatched strength.
TECHNICAL ANALYSIS
Bitcoin’s long-term chart is stunning. Since the 2018 bottom, it’s traced Elliott Waves , , , and . From the 2022 low, we’re in Wave . A pullback to $26k would be Wave (4) within the larger —unlikely to dip much lower.
Since inception, the 200-week moving average (MA200 Weekly) has been Bitcoin’s bedrock, supporting every bear market. Odds favor it holding again. A crash to $26k would confirm a four-year consolidation/reaccumulation phase. Once it breaks out, the move will be explosive.
This reaccumulation also resembles a rounding bottom, cup-and-handle, and inverse head-and-shoulders pattern—classic bullish signals in a strong trend, promising a massive upward surge post-breakout.
Bitcoin Plan.I tried to explain simply the things to pay attention to.
* The purpose of my graphic drawings is purely educational.
* What i write here is not an investment advice. Please do your own research before investing in any asset.
* Never take my personal opinions as investment advice, you may lose your money.
BTCUSDT BullishThe 4-hour Bitcoin chart shows a consolidation pattern. We can see that the current price is near the bottom of the consolidation range. With the rebound in U.S. stocks and the pullback in gold, risk assets are likely to start a new upward move.
Of course, this upward move may not happen all at once; there might be a pullback to test the support levels after the initial rise.
TP1: 81,200
TP2: 83,500
TP3: 87,000
SL: 78,000
Bitcoin Technical Breakdown – Bearish Channel in Motionhello guys.
🔻 1. Bearish Channel
Bitcoin is currently respecting a downward-sloping channel with lower highs and lower lows.
Every attempt to break the upper boundary has been met with rejection, confirming bearish pressure.
🔁 2. Retest of Former Trendline
The former ascending trendline (drawn from 2023’s bottom) was broken and recently retested as resistance, failing to flip it back to support.
This retest often signals confirmation of trend reversal.
🧱 3. Critical Support Zone: $62K– FWB:65K
This zone served as a strong accumulation range in the past and aligns with the current downside target.
____________________________
🔮 What’s Next?
Based on this pattern and price behavior:
Bitcoin may continue its bearish descent, following the projected zig-zag pattern in the channel.
The next significant bounce area lies around $64,000, aligning with both volume-based support and previous breakout zones.
Bitcoin will be super bullish soon (1D)The market maker has created a scenario that makes everyone believe the bear market started a while ago. However, there are signs on the chart showing that Bitcoin may register a new ATH.
The best zone for rebuying Bitcoin is the green area.
From the green zone, we expect Bitcoin to move toward the specified targets.
The closure of a daily candle below the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
BTC/USD) Bullish reversal analysis Read The ChaptianSMC Trading point update
This is a bullish reversal analysis on BTC/USD (Bitcoin to USD) on the 4-hour chart, suggesting a potential long opportunity after a sharp corrective move.
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Key Breakdown of the Chart:
1. Strong Downward Move with Potential Reversal:
Bitcoin experienced a sharp drop from the 88k region to ~74,387.50, now hitting a key demand zone (marked as "Orderblock").
2. Bullish Reaction Expected:
From the Orderblock support zone, a bullish reversal is anticipated.
The projected move aims to fill the imbalance and test the target zone between 87,152.94 and 88,557.14.
3. RSI Oversold:
RSI is around 32.27, indicating oversold conditions and adding confluence for a potential bounce.
4. EMA (200):
The 200 EMA lies around 85,153.85, which may act as dynamic resistance on the way up.
Mr SMC Trading point
5. Price Target:
The expected upside move is approximately +13,722.85 points (+18.75%), aiming for the supply zone above 87k.
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Conclusion / Trade Idea:
Entry Zone: Near 74,387.50, the orderblock/demand area.
Target Zone: 87,152.94 – 88,557.14
Bias: Bullish short- to mid-term reversal.
Confluences: Oversold RSI, clean support zone, potential trendline bounce, and price inefficiency above.
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Pales support boost 🚀 analysis follow)
BTCUSDT📊 Bitcoin Weekly Analysis – Smart Money Concept (SMC)
On the 1W BTC/USDT chart, we are currently observing a corrective move after a strong bullish impulse. The price is approaching a high-probability demand zone formed between two significant Fair Value Gaps (FVGs):
• 🔹 FVG 3M around $74,000
• 🔹 FVG M around $66,000
🟩 Long Setup Zone:
The area between these FVGs represents a discounted price zone where smart money is likely to step in. This is labeled as a “zone for long position” on the chart.
⸻
🧠 Smart Money Perspective:
• The market is in a retracement phase, targeting inefficiencies (FVGs).
• If price taps into this zone and shows signs of bullish intent (e.g., weekly bullish engulfing, BOS/CHOCH on lower timeframes), we can expect a strong upward move.
⸻
🎯 Mid-to-Long Term Target:
• Based on the current market structure and SMC model, the next major target is $130,000.
⸻
🔐 Risk Management:
• Ideal entry: within the FVG zone
• Stop-loss: below the lower FVG (around $65,000)
• Confirmation: bullish price action on lower timeframes or weekly candle close with strong momentum
⸻
📌 Conclusion:
This setup offers a potential high-reward opportunity if smart money reacts to this discounted zone. Patience and proper confirmation are key.
⸻
BTCUSD TECHNICALS & FUNDAMENTALSKey Technical Details:
Support: Price is resting on the lower trendline of the channel and right above a potential breakout level.
Resistance: The upper channel line sits around $85,000, which aligns with the previous rejection zone.
Bullish Scenario: If BTC bounces off this level and breaks above the short-term resistance, expect a potential move toward $85K and beyond.
Bearish Scenario: A clean breakdown below the trendline could take BTC back to $77,000–$75,000.
Volume Note: There's a notable decrease in volume, indicating indecision—often a sign of a potential breakout soon.
💡 Bias:
Currently neutral to bullish as long as BTC stays within the channel.
📰 Fundamental Analysis (April 8, 2025)
🧨 What’s Moving the Markets Today:
Fallout from April 7’s Inflation Print:
The U.S. CPI data came in hotter than expected, rekindling fears of delayed Fed rate cuts.
This led to panic selling across equities, forex, and crypto on April 7. BTC dropped sharply in reaction.
🌍 Today’s Probabilities:
Macro Uncertainty Continues:
With the inflation shock still rippling, risk-on assets like Bitcoin are in a sensitive zone.
Traders await Fed speakers and FOMC minutes later this week for further cues.
🏦 Institutional Sentiment:
Cautiously Bullish: Institutions aren’t exiting yet, but are being very selective.
BTC’s long-term structure remains strong unless it breaks down from the channel.
✅ Summary:
BTC is consolidating after a post-CPI dump.
A bounce here could send it toward $85K, but a breakdown risks retesting $75K.
Fundamentally, macro pressure remains, so any bullish breakout must be backed by a shift in market sentiment.
WHY CADJPY IS BULLISH ?? DETAILED ANALYSIS CAD/JPY is currently trading around 104.200, forming a falling wedge pattern—a technical indicator often suggestive of a potential bullish reversal. Traders are closely monitoring this setup for a breakout, which could potentially propel the pair toward the target price of 107.000, indicating a prospective gain of approximately 300 pips.
Fundamentally, the Canadian dollar's performance is closely tied to global oil prices, given Canada's status as a major oil exporter. Recent stability in oil markets has provided underlying support to the loonie. Conversely, the Japanese yen, traditionally viewed as a safe-haven currency, has experienced fluctuations influenced by shifts in global risk sentiment and the Bank of Japan's monetary policy stance. The divergence in economic indicators and central bank policies between Canada and Japan may contribute to the anticipated bullish momentum in the CAD/JPY pair.
Technical analysis reinforces this outlook. The falling wedge pattern observed on the charts is characterized by converging trendlines sloping downward, indicating diminishing bearish momentum. A decisive breakout above the upper trendline of the wedge, accompanied by increased trading volume, would serve as a confirmation of the bullish reversal. Key resistance levels to monitor include 105.000 and 106.000, with a sustained move above these thresholds enhancing the likelihood of reaching the 107.000 target.
Traders should exercise prudent risk management strategies, such as setting appropriate stop-loss orders, to mitigate potential market volatility. Additionally, staying informed about upcoming economic data releases and central bank communications from both Canada and Japan will be crucial in navigating this trade effectively. By aligning technical insights with fundamental developments, traders can position themselves to capitalize on the potential bullish breakout in the CAD/JPY pair.
$BTC is at a critical pointThis is a follow-up to my previous warning about a potential CRYPTOCAP:BTC correction, published in December 2024:
🔗
At this stage, CRYPTOCAP:BTC is at a critical juncture. If we compare the current situation to previous corrections, we can observe that the RSI has reached a potential reversal zone, and price action is currently showing some resilience.
📍 The $81K level appears to be strongly defended by the bulls.
Two scenarios are now in play:
1️⃣ Bearish Continuation
If the MACD continues its downward move and the RSI drops below 30%, we could see this consolidation phase extending until July 2025. In this case, CRYPTOCAP:BTC may revisit the $72K zone.
2️⃣ Bullish Reversal
If the MACD has already bottomed out, we could witness a bullish rally over the next 3–4 months. This would likely propel CRYPTOCAP:BTC to a new all-time high.
Unfortunately, the SPX500 correction adds a layer of uncertainty. Had the traditional markets not started to retrace, the odds of a solid bounce from current BTC levels would have been near 100%.
For now, everything depends on how strong and well-funded the bulls are—can they offset macro pressure and prevent CRYPTOCAP:BTC from sinking with the TradFi indices?
🚨 Do Your Own Research (DYOR)
BITCOIN | 1 DAY | '' Bitcoin will fall to $72,000 ''Hey everyone 💙
In the long run, I expect BINANCE:BTCUSD to drop to around $72,000. But don’t worry—this could actually be a sign of a massive rally ahead. If you're holding spot positions, there's no need to panic!
Big moves up often come after strong corrections. In my opinion, this dip is just a profit-taking phase, and the whales are setting the stage to push Bitcoin above $100K in the long term.
If you enjoy these insights, don’t forget to hit that like button🚀
BTC/USDT 1DAY CHART UPDATE !!A downward trendline connecting the recent high points indicates bearish pressure.
A horizontal support level around 77,500 USDT shows where the price has struggled to drop.
Current Price:
As of your chart's timestamp, BTC is trading at approximately 79,883.75 USDT.
Potential Movement:
If the price can break above the descending trendline and stay above the support level, there could be potential upward momentum. The upward arrow suggests a bullish outlook.
Key Levels to Watch:
Resistance: Look for resistance at trendline breaks and the next significant levels above the current price (e.g., 82,500 USDT).
Support: The 77,500 USDT level is crucial; a drop below it could signal further downward movement.
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
BTC 3D Market BreakdownBitcoin is currently trading around $79,200 on the 3-day chart and is sitting just above the key 0.5 Fibonacci retracement level from its most recent macro impulse. The chart shows a clear descending trendline acting as dynamic resistance, reinforcing the ongoing downward pressure on price. Until this trendline is broken and retested from above, market structure remains bearish in the mid-term.
After a strong rally to $108K, BTC was rejected near the 0.25 Fibonacci level at $93K. Since then, it’s formed a series of lower highs, confirming that bulls are losing momentum. The 0.385 retracement level, which aligns with the $85K region, has now acted as resistance multiple times, indicating a strong ceiling unless volume and price action shift.
Price is now hovering above the 0.5 retracement area (~$78K–$79K). If this zone fails to hold, Bitcoin is likely headed toward the 0.618 Fib level near $73,747. This level also aligns with the previous all-time high from November 2021, adding to its historical importance. While some buyers may attempt to defend that level for a short-term bounce, the real macro demand lies lower.
The green zone around GETTEX:64K to $61K is the highest confluence support area. It matches both the 0.75 and 0.785 Fibonacci retracement levels, and overlaps with the major accumulation and breakout structure from Q4 of 2024. If BTC trades down into that region, it would present a much higher probability bounce zone and a potential macro higher low — if bulls can defend it.
Until Bitcoin flips the descending trendline and reclaims $85K with conviction, the market structure favors downside continuation. A reclaim of $85K would be a significant signal for bullish momentum to return, especially if it comes with a breakout retest of the trendline. For now, however, the path of least resistance remains to the downside, with $69K and then GETTEX:64K –$61K as the next key support zones to watch.
In summary, Bitcoin remains in a corrective structure beneath its trendline. A move into $69K may offer a reaction, but the most meaningful support lies in the GETTEX:64K –$61K macro zone. Patience is key here, as buyers wait for either deeper value or a clear shift in trend.
BTC.... HOLD THE LINE!!!!BTC is still on a daily downtrend however every lower time frame structure can provide evidence of a reversal. Bitcoins price is at critical levels of support and as long it holds the line Class Bullish Divergence is all we need to get some follow-through. CHOCH is the evidence we need.
Full TA: Link in the BIO
Shorting BitcoinBINANCE:BTCUSDT
Bitcoin put a massive Bearish Engulfing Candle yesterday, with high volume, which is very bearish, and now I’m expecting it to continue to decline.
It also tends to follow the US Indices, which are heading lower.
My target is about 70k, maybe even lower.
Good luck to you