Bitcoin (BTC/USDT) 2-Hour Chart Analysis – Potential Reversal orBitcoin (BTC/USDT) 2-Hour Chart Analysis – Potential Reversal at Key Support
1. Chart Pattern Analysis:
The chart illustrates a double-top formation, which is a bearish reversal pattern.
The price failed to break above $94,000 twice, leading to a strong decline.
The red curved line suggests a rounded top pattern, reinforcing the downtrend.
Price has now reached key support around $78,000, marked by a red arrow.
2. Key Support & Resistance Levels:
Resistance: Around $92,000 - $94,000 (previous double-top highs).
Support: Near $78,000 (tested multiple times as a demand zone).
3. Volume & Market Behavior:
A significant spike in volume at the support zone indicates potential buying interest.
If buyers step in, a bounce from this level is likely.
A break below $78,000 could lead to further downside.
4. Trade Scenarios:
✅ Bullish Reversal Scenario:
Price bounces from $78,000, forming a potential W-bottom pattern.
Confirmation needed if price reclaims $81,000-$82,000.
Possible upside target: $85,000-$88,000.
❌ Bearish Breakdown Scenario:
If BTC breaks below $78,000, the next support is around $75,000-$72,000.
High volume selling could accelerate the decline.
5. Indicators & Confirmation:
Parabolic SAR: Dotted red lines above price indicate bearish momentum.
Watch RSI & MACD: If oversold conditions appear, a reversal is more likely.
Conclusion:
Bias: Neutral-to-Bullish (if support holds), Bearish (if broken).
Trade Plan: Wait for confirmation above $81,000 for a long position.
Stop Loss: Below $77,500 to minimize risk.
Target: $85,000 - $88,000 on a rebound.
Btcusdtanalysis
There are no failed investments, only failed operationsI. Trend analysis
🔹 overall trends:
Since the beginning of 2024, Bitcoin has experienced a clear upward trend, peaking at nearly $115,000.
The price has recently fallen below several key support levels and entered a downward trend, with prices testing support in the 80,000-85,000 range.
The short-term trend remains weak, and the market may continue to seek lower support levels.
🔹 moving average system:
The short-term moving average (red, 10th) indicating that the market is still dominated by short-term bears.
The long-term moving average (blue, 60 days) has also started to turn downward, suggesting a weakening of the medium-term trend.
Conclusion: The market is still in a downward trend, and the moving average system shows no obvious signs of stabilization.
Structural analysis (K-line morphology)
📌 head and shoulders may have been completed:
From the high level formed by 93,000 to 115,000, there is a more obvious head and shoulder structure, which is currently falling below the neckline (82,000) and accelerating the decline.
If this pattern holds, the target decline level may test the 77,000-80,000 area.
📌 M head shape:
The previous two highs (around 100,000) formed an M-head and fell below key support, remaining weak in the short term.
📌 support area:
77000 (important support, if broken, the medium-term trend may accelerate to short)
72000~ 75000 (target in extreme cases)
📌 resistance areas:
89000~ 90000 (early neckline, has turned to strong resistance)
93000 (if the market rebounds, it needs to break through this level to reverse the trend)
Bitcoin Collapses $80K, What’s Next?Its price briefly stabilized around $86K over the weekend before heading south at the start of the business week. It dropped to around $80K, leaving millions in liquidations on a 24-hour basis. Later, bulls stepped in and pushed the valuation to nearly $84K. The resurgence, however, was short-lived and was followed by another free fall to as low as $79,500. As of this writing, BTC is trading around $79,000, representing a 5% drop on the day. Its market cap dropped below $1.6 trillion.
While many industry players are hopeful that this is another temporary pullback that can be replaced by a new bull run, others are not so optimistic. Next up is a re-estimation of $78K for BTCUSD, “if that fails, the next $76300, 75,500 in the crosshairs.” BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BYBIT:BTCUSDT.P
BTCUSD: If trading, buy or sell?Dear traders, are you still wondering how to trade BTCUSD? Short or buy? Then take a look at Jack's ideas.
A new week has begun again. Good morning, dear traders. Do you plan to make money or lose less in the market this week? How to do it?
BTCUSD: BTCUSD fell sharply again in the market over the weekend. After the opening of the new week, it hit a low of 80,000 points, a drop of 10k. It is a good profit for those who sell. But it may be uncomfortable for those who do more. Unless you place a low-risk order, you will stop your order or expand your loss if you trade rashly without guidance.
There is no major adjustment on the news side. The stock index futures in the US market fell sharply after the opening. BTCUSD is suspected to follow the trend and fall. The current BTCUSD quote is 82,300. With the arrival of daylight saving time. Some US economic data are one hour ahead of schedule, and the opening of North American stock markets is also the same. Bitcoin rose sharply when Trump listed it as a "strategic reserve currency" last time. The market has been showing a bearish trend, and there is no news impact at present. It is still mainly shorting at high levels. In the short term, we need to pay attention to the support of 79k. The upper side needs to pay close attention to the short-term pressure of 86k.
Keep an eye on the real-time trading opportunities announced in the analysis circle every day. If you want to follow.
Bitcoin Weekly Closed RED and scared some people .What now ? That was a horrible week for many
Uncertainty for those that do not understand Bitcoin and the JOY of buying more at a cheaper price for others.
I will admit to thinking PA was going ot bounce over the weekend and then get down to where we are now..It went down over the wweekend.. I do not mind... My SPOT buy orders began triggering.
So, on a slightly longer term, The Triangle that PA was in was always going ot squeeze PA to early.
Why ?
Because, as ever, we are waiting for the weekly MACD to Cool off. and it is only half way down currently
As you cana see, we have begun falling a Bit steeper than we did in Last years Long Range, were MACD also needed to cool off.
If we fall at the same rate as previously, we will hit Neutral around June. If we fall this steeply as we are now, that could be early May - Once weekly MACD hits Neutral, PA will certsinly have enough power to push p way past the current ATH
The Daily Version of the same chart shows us the support we now sit on
This line of Support is not amazing in many ways, as we can see by how PA has fallen through and climbed back up through it many times
What IS strong is that Fib Ext below at around 68200 but I think Will are unlikely to reach that.
The Rising line of support above that at around 73K is possible, though again, I think it is unlikely.
A Wick down to the 78K area is Very possible however.
This week could get Volatile as we get MACRO news from the World and USA inflation data is released.
Look to the future....and just BUY and GOLD Bitcoin
Today's trading strategy for BTCOn the weekend, BTC experienced another significant decline and has reached the vicinity of the key support level of 80K below. There has been a slight upward movement in the short term, but the downward trend still hasn't changed. Pay attention to the trading range of 80K-87K. If it rises again, you can continue to go short. If the test of the 80K support level is effective, you can try to buy in the short term.
Today's trading strategy for BTC:
btcusdt sell@87K-88K
tp:85K-82K-80K
buy@78K-80K
tp:82K-85K
Currently, my account balance has grown from an initial $40,000 to $500,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
#BTCUSD 1DAYBTCUSD (1D Timeframe) Analysis
Market Structure:
The price is approaching a key support level, which has previously acted as a strong zone for price reversals. This level is crucial for determining the next directional move.
Forecast:
It is advisable to wait for the price to reach the identified support level. If the market shows signs of a bullish reversal, such as bullish candlestick patterns or strong buying pressure, a buy opportunity may be considered.
Key Levels to Watch:
- Entry Zone: Monitor the price action near the support level and consider buying if there is confirmation of a bounce.
- Risk Management:
- Stop Loss: Placed below the support zone to manage risk in case of a breakdown.
- Take Profit: Target the next resistance levels for potential upside gains.
Market Sentiment:
Market sentiment will be confirmed upon testing the support level. A strong bounce would indicate bullish interest, while a breakdown may signal further downside. Waiting for confirmation will help in making a more informed decision.
BTCUSDT- at his current supporting area? What's next??#BTCUSDT.. market perfectly move as per our last idea and now market just reached at his current supporting area that is around 82120
Keep close that area because if market clear that level then it will leads you towards downside next supporting levels.
Good luck
Trade wisely
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 BTC still rejected supply zone. Again. Back Short Trade. FVG level) 83k I'm want to Sell now short trend 📈
Key Resistance level 93k + 95k
Key Support level 85k - 83k
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
BTC/USDT is likely to rise today.BTC has experienced a significant decline today and is approaching a key support level. It may well witness a rally soon!
Currently, my account balance has grown from an initial $40,000 (40K) to $500,000 (500K) in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
BTC/USD Ready for a BIG DROP? Next Target: Demand Zone!Bitcoin Showing Weakness – Smart Money Preparing a Move!
BTC/USD is struggling to hold key resistance levels, signaling potential distribution before a larger sell-off. Institutional players have grabbed liquidity, and a Break of Structure (BOS) to the downside confirms bearish momentum.
BTCUSDT - AA PatterN you can't ignore opportunity 1. (BTCUSDT)Bullish Alternative
The analysis assumes a price rejection at resistance, but what if Bitcoin breaks above it?
A breakout above $88,000 with strong volume could invalidate the bearish outlook and push prices toward new highs.
If Bitcoin consolidates near resistance instead of rejecting, it could indicate bullish strength.
2. Fake Breakdown:
Even if Bitcoin drops toward $83,555, it could be a liquidity grab rather than a true breakdown.
Market makers might drive prices below support to trigger stop losses before reversing sharply.
A strong bounce from $83,555 could lead to a rally instead of further downside
3. No Clear Direction – Sideways Market:
The market might not follow the projected downward path and could stay range-bound.
Instead of a drop, Bitcoin could consolidate between $84,000 and $87,000 for a longer period.
This could invalidate both bullish and bearish setups in the short term
BTCUSD: If trading, buy or sell?Dear traders, are you still wondering how to trade BTCUSD? Short or buy? Then take a look at Jack's ideas.
Friends who continue to pay attention will know. After issuing a sell order of 91000-90000 in the early morning, BTCUSD directly fell by more than 7k points, which is profit. This is accuracy. If you follow it, then you will definitely get the same profit. This is the effect of "exclusive signal".
BTCUSD: The United States establishes a Bitcoin war reserve, but will not use taxpayers' money to actively purchase additional Bitcoin. This is the main reason why Bitcoin fell sharply by 7,000 points. However, after hitting the bottom of 84,700, it rebounded quickly. As of now, the market has rebounded to 89,000. In terms of trading, we still need to pay attention to whether the range of 91,000-90,000 can be broken. If not, continue to focus on short selling.
Keep an eye on the real-time trading opportunities announced in the analysis circle every day. If you want to follow.
BTCUSD: Big news is about to explode the market, short or buy?Dear traders, are you still struggling with how to trade Bitcoin? Buy or sell? See Jack's thoughts.
The news about the inclusion of cryptocurrencies in strategic reserve currencies is about to hit the cryptocurrency market. Relevant news will be released on Saturday. On this basis, there are two results.
Point 1. The market digests the heat in advance, causing the leading cryptocurrency BTCUSD to rise directly
The second situation is that cryptocurrencies rise sharply after the news comes out over the weekend, and rise directly.
If based on the first situation, I think it will explode in the market before and after the New York market,
If based on the second situation. Then there will be a huge rise after the opening of the market over the weekend or after the news is released, similar to last weekend.
So Jack has two ideas in executing transactions:
1. Combined with the short-term top structure on the technical side, it is currently sold based on the double shoulder top near 91,000, waiting for the market to test the support of 88,000 again.
2. After the market opens, continue to buy through the influence of the news, waiting for the news to ferment, and the cryptocurrency to rise sharply after the market heats up.
The above two are views on short-term trading of cryptocurrencies.
The final trading plan should be executed in combination with the real reaction of the market, and remember to set TP/SL when trading. Don't forget to do risk control at any time. Trading is not a one-time thing. It is a long-term thing. I am Jack. Traders who like my views remember to like me. Welcome to leave your ideas. I will discuss with you.
BTCUSDT: On the way back up to $110k!Dear traders,
Hope you are doing great, we have an excellent buying opportunity coming up or currently forming. Price has reversed with strong bullish volume, indicating a strong bullish impulse. A possible entry will be at breakthrough of inducement trend line.
If you agree with the idea, then please consider liking and commenting the idea which will encourage us to post more such ideas.
❤️
BTCUSD: Go long or short? 1500 points of spaceDear traders. Are you not clear about the BTCUSD transaction? See Jack's thoughts.
BTCUSD: After experiencing one rise and two pullbacks today, it has tested support at 90000 and 88000 respectively. After the first test of support, it rebounded to 91500, and the second test has rebounded to 89000. From the trend, the overall short position is still short. So after this rebound, I think the support of 88000 will continue to be tested in the short term, so rebound shorting is my idea. But now there is about 1500 points of short space. So aggressive traders can choose to go long at the current price. TP90000-91000. Sell after reaching the target range. Thus, high-frequency trading can be achieved and profits can be expanded.
Trading is risky. Reference needs to be cautious. How to trade in the future. Remember to pay attention to more real-time trading plans in the analysis circle. You can also leave me a message. I will answer it in time when I see it.
Bitcoin follows Fibanacci Leverls PERFECTLY - Easy tradingBitcoin has a habit of moving Rapidly, Randomly and at times, with Huge levels of volatility.
An yet, ALWAYS, it obeys Fibanacci levels to the Key.
The chart above shows this very well on a Weekly time scale.
Since the Low and start of this cycle on 13 Jun 2022, Bitcoin has moved Time and time again with Fib Extensions and Fib Fans providing Support and resistance.
The Diagonal Rising lines are a Fib Speed Resistance Fan and the Horizontal lines are Trend-Based Fib Extension
See how on each "Step" or period of Ranging that Bitcoin has done since the low, it has been perfectly "Contained" by 2 Fib lines.
The Fib Fan can also be seen to act as support or Resistance along the way.
And right now, if we Look at the daily version of this chart, we see the situation unfolding.
Firstly, see that rising Fib resistance line that just rejected PA on sunday - STRONG
It pushed PA back below that 3 Fib extension
That same 3 Fib ext line acted as strong support since we entered this range back in December 2024. It maybe as tough to cross back over and flip back to support.
See how PA has already tested the 2.768 Fib extension below, using the rising Fib Fan and then that Fib extension to stop its fall.
To me, this points towards PA possibly remaining in this Range, between the 3 and the 2.768 fib lines till we meet that next line of rising Fib fan in the later half of March ( Around 21st )
The 50 SMA ( not shown) is rising just below this line currently and I expect PA to bounce higher when the two meet.
And so, for me, I am expecting PA to remain in a range between 91K and a low around 82K with wicks Flashing Lower to around 78K
Obviously, Things can change very Quick with Bitcoin and invalidate all this in no time..but, for now....I have my SPOT Buy Orders from lows at 78600
I am not going to miss the chance of Buying Bitcoin at that price, understanding the real Cycle ATH will be in Q4 and expected to be over 200K
Lets see if this works out
BTCUSD: How to trade now? Buy or sell?Dear traders, are you not sure about the trading timing of BTCUSD? Don’t know how to trade? Then let’s take a look at Jack’s ideas.
BTCUSD: The Asian market accurately reached my second TP position around 93,000, that is, 92,800, and then there was a sharp correction. But the profit of 3,000 points was seized. The London market continued to fluctuate until the eve of the New York market, maintaining below 90,000. I think this is a good buying point. The expected increase is 3,000-4,500 points. The first point is Trump’s recognition of strategic reserve resources, the second point is the rise in risk aversion, and the third point is the uncertainty of the US dollar data on Friday.
These three points are very strong as support for the decline of Bitcoin. I expect the New York market to continue to expand its gains, and BTCUSD is still in a very good buying opportunity. So if you are looking forward to a trading opportunity, then it is now. Buy BTCUSD and set a take profit of 93000-94500. Set SL88000. If the profit of BTCUSD reaches your expectation, you can close the order at any time.
If you want to continue to follow my ideas. Remember to follow the real-time dynamics in the analysis circle. Friends who like it remember to like and support. Thank you everyone
BTCUSD: Sell or buy?Yesterday, I kept saying to go long on BTCUSD, and those who followed me made huge profits. So is there more room to go long or short today?
BTCUSD: The highest impact of the Asian market is around 92800, which is also very close to the range I mentioned (93000-94500). At present, with Trump's call, the demand for Bitcoin has been improved. As a strategic reserve currency, the short-term upward trend has been finalized, but the position near 92800 has not been stabilized, and the London market has fallen again. Pay attention to whether the small support near 90000 is stable. If it is unstable, take a step back and focus on buying around 88,000.
Buy at a low level
90000 BUY
85000 BUY
TP 92000
TP93000
TP94500
SL 87000
Remember to refer to it when trading. Pay attention to risk control,
BTCUSD: 5k downside is coming.Dear traders, what are your thoughts on BTCUSD trading? Buy or sell? Take a look at my thoughts. I hope it will be helpful to everyone.
The bullish momentum of BTCUSD remains unabated, with only a small fluctuation of 4,000 points today. The current short-term support is at 88,000-86,000. Judging from the trend, BTCUSD will continue to rise, which depends on the early impact of non-agricultural data, so the support below BTCUSD is strong.
Therefore, it is a wise choice to go long on BTCUSD.
For reference only. Mainly follow the real-time trading plan within the analysis circle.