Correction Imminent? Will Bitcoin Drop Or Continue Rising?As we can see here, Bitcoin is challenging resistance very close to the All-Time High. This is a price range. The highest Bitcoin was able to hit was $105,850, right below $106,000. Will Bitcoin drop now, even if short-term, or continue moving higher?
» Bitcoin will continue higher and produce a minimum of retrace.
Bitcoin is very likely staying above $100,000 and after some consolidation continue higher to hit a new All-Time High.
While Bitcoin moved above $100,000 on the 8th of May, there isn't any bearish pressure nor bearish momentum. The bears have no strength.
If there is selling happening, the bulls are more than ready and happy to buy everything up. Anyone and everyone selling now will simply lose their coins and miss a huge opportunity because Bitcoin is already growing and will continue to grow. It is normal to see some consolidation after a strong resistance level is hit. This resistance stands around $105K. Once this level breaks, we will see additional growth.
Bitcoin is bullish.
The market is bullish.
Any retraces are just an opportunity to buy-up, rebuy and reload. Do not sell your coins, hold strong. Hold easy or even buy more because Bitcoin is going up!
It can start growing right away, within hours or it can take a maximum of few days but the next major move is up. When Bitcoin starts going, it never looks back. The market will continue growing. Rest easy and buy more Altcoins.
Namaste.
Cryptomarket
ETHUSD: First red day, day 2 on the backsideHello traders and welcome back on my profile, here is Gianni, and I hope you can enjoy this detailed analysis on ETHUSD.
As always, I don't use technical analysis for market prediction, because predicting is 50/50, but I use it to calculate my risk reward in case I would position myself in the market.
My general thesis for the day is pretty short, and following, the logic behind this thesis.
Monday, opening range of the week, established the current monthly high, breaking into the low of Friday (lower low) at the end of the day. Other time frames/big players might be in play and potentially the week can setup for a pump and dump.
Tuesday performed a strong pumping day, breaking through the Monday high and expanding the range higher, closing as well in breakout long.
Wednesday the market pretty much consolidated for the whole day, coming back inside the opening range high, and closing as first red day.
First red day is only a bearish signal, it doesn't mean that the market will drop certainly, but it gives you a signal the potentially long might be trapped in the wrong direction, increasing the chances of reversal, the day later or few more days later.
Today, Thursday, the market kept breaking lower, and it looks like coiling into the yesterday low of day, definitely a sign of weakness which I will keep in consideration.
8:30am and 8:40am NYT major red news are on schedule, I would not touch this market before that time, avoiding any possibility to be stuck in the trade.
How would I take this trade?
Simply I will be looking for any sell high opportunity after the news, reinforced with bearish price action, as triple tops, double tops and any kind of reversal patterns into the most recent high in place.
What about a long view?
Actually I'm not interested today, it can go higher, it can retest the weekly high, it can consolidate, it can do EVERYTHING, I don't care, my only focus is aligning my bearish thesis with a bearish setup.
I won't take in consideration any long opportunity for the day.
Overall, the market strongly pumped up during the previous week, I do not expect any crazy move, I do not think that this market trapped volume enough for a huge bearish collapse.
The potential opportunity of today, if presented, will be targeting the current weekly low (Monday low).
Stay tuned for further update during the NY session
TradeCityPro | QNT: Range Top Test in RWA Uptrend Structure👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the QNT coin — one of the RWA projects currently ranked 71 on CoinMarketCap with a market cap of $1.19 billion.
⏳ 4-Hour Timeframe
As you can see, there’s a clear uptrend along with a trendline that has pushed the price up to the 100.7 level.
💥 At the moment, the price has formed a range box between 93.1 and 100.7, with multiple touches on both ends. Currently, the price is testing the top of this range at 100.7 once again.
🔍 If the 100.7 resistance is broken, we can consider entering a long position. This trigger is valid for a long, and if confirmed, the price could potentially move toward the next target at 121.8.
✨ For a short position, we first need to see the trendline break and the 93.1 level get triggered. That would serve as our first confirmation of a possible trend reversal.
📉 A breakdown below the 50 level on the RSI would be the first momentum-based sign of this reversal. If selling volume also increases at the same time, we’ll have confirmation of a volume divergence.
⚡️ On the other hand, a break of the trendline itself might act as an early trigger, but I personally wouldn’t open a position on that alone — it’s too risky. As long as the price holds above 93.1, the overall uptrend remains intact.
📝 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 - An unusual chart!Over the past 3 years, I’ve noticed that Bitcoin has been moving in a consistently bullish pattern, as shown on the chart.
After breaking out of the red ellipse shape, Bitcoin tends to rally strongly—and that’s usually the signal for altcoins to follow. We’ve now broken out of this ellipse, and it looks like the real bullish move is just beginning.
In this chart, I’ve tried to illustrate both the potential upside ahead of us and the estimated timeframe in which this move could unfold.
I’ve divided the chart into segments from August 2022 to April 2025.
🔸The red numbers 1, 2, 3, 4 indicate periods of consolidation.
🔸The blue numbers 1, 2, 3, 4 represent strong Bitcoin and altcoin rallies that follow the breakouts.
While the exact percentage gains and time durations may vary, if we take the average, we can estimate the upcoming move to be around 120%, taking Bitcoin to around $165K.
Similarly, the average time duration for each bullish move has been approximately 120 days.
[b ]Welcome to the bull market.
Best Regards Ceciliones 🎯
Altcoins Market Consolidation until 19th May 2025Total3 (Altcoins market cap) is currently consolidating between $900b-$930b expected until 19th May 2025 before the market continue to climb, just as I pointed out in last week’s analysis. No need to worry, #Altcoinseason is already here. A healthy correction is better than none.
$WEN on $SOL. Possible bottomAppears NASDAQ:WEN may have double bottomed at the .786 retrace of the entire 1-5 wave count.
Accumulating between .00015-.0002
This is an accumulate and HODL. Spot only. Small size, this type of token should only be purchased with funds you are absolutely willing to lose a large % of.
This is key. It will make it it a lot easier to HODL no matter what.
The goal is to hodl until it pumps, period.
Will update upon pump
small size, spot, patience
😉 goodluck
Bitcoin - The Bottom Is In!Bitcoin ( CRYPTO:BTCUSD ) is reversing right now:
Click chart above to see the detailed analysis👆🏻
It was really just a matter of time until Bitcoin actually manages to create a potential short term and longer term bottom. With this monthly candle, bulls are taking over again and starting to buy cryptos quite heavily. The chart just tells us that this is not the end, but rather the continuation.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
BTC bull cycle comes to an end.We can see it clearly on the chart. BTC has ended the 5 waves pattern in Elliot wave count. you can see it on the chart, you can see it on the MACD & RSI.
What we are seeing now is that because of Greed & Hype no one is selling bitcoin. the up-trend we are seeing now is the result of no sellers and Hype Buyers. This is a bull trap. We can see the divergence clear as day. Stay alert and dont let them catch you this time.
FARTCOIN Bearish Head and Shoulders – Testing Blue Support🚨 $FARTCOIN Bearish Head and Shoulders – Testing Blue Support 📉
$FARTCOIN has formed a bearish head and shoulders pattern and is now testing the blue support. There’s potential for a breakout, so we need to watch closely for any signs of further movement! 📊
Let’s monitor this closely! 💼💸
DOGE (Dogecoin)–Pullback Opportunity Amid Market-Wide ResistanceWith the total crypto market cap stalling at a major resistance zone, many altcoins — including DOGE — are due for a healthy retracement after recent strong moves. This sets up a potential buy-the-dip opportunity as DOGE returns to key support near $0.20.
🔹 Entry Zone:
$0.20 (next major support zone after recent rally)
🎯 Take Profit Targets:
🥇 $0.23 – $0.24
🥈 $0.30 – $0.31
🛑 Stop Loss:
Just below $0.18 (invalidates the support-based long idea)
TradeCityPro | Bitcoin Daily Analysis #91👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin and major crypto index analysis. As usual, I'll go over the key triggers for the New York futures session.
⏳1-Hour Timeframe
As you can see, Bitcoin made a bullish move yesterday after breaking above 102,882 and reached as high as 104,866.
✔️ After hitting 104,866, the price failed to break this resistance and got rejected, pulling back to retest 102,882 with a wick.
✨ As long as the price stays above 102,882, I consider the market momentum bullish. I still hold my long position opened around 85,000 and plan to open another one if we break 104,866.
📈 So the best long trigger is a clean breakout above 104,866. The next resistance is 106,247, which makes the 104,866 breakout a bit riskier due to proximity to that major supply zone.
🔽 For short setups, the first trigger is again 102,882. If the price forms a lower high below 104,866, a breakdown of 102,882 could justify a risky short.
📊 Personally, I’m not opening any shorts yet since higher timeframe trends are bullish. My first valid short trigger would be a breakdown of 101,628.
👑 BTC.D Analysis
Bitcoin dominance continues to fall and has now reached the 62.07 support level and is reacting to it.
💫 If 62.07 breaks, we could see another bearish leg down to 61.34.
🔼 For BTC.D to flip bullish, we first need to see the descending trendline break and then look for confirmation and a long trigger from that.
📅 Total2 Analysis
After breaking through 1.24, Total2 moved up to 1.26 and is now pulling back to retest 1.24.
🧩 If 1.24 holds and the price breaks above 1.26, there’s a strong chance it continues toward 1.31. This would confirm a long setup for altcoins.
🔔 For short positions, the only valid trigger for now is a breakdown of 1.18.
📅 USDT.D Analysis
Tether dominance faked a breakdown below 4.51 yesterday but has now bounced back above it.
💥 Currently, we should wait for the price to retest 4.51 again and reassess that support. If it breaks down cleanly, we’ll get confirmation of bearish momentum for USDT.D, which would support a bullish trend in the broader crypto market.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
FXAN & Heikin Ashi Trade IdeaBINANCE:ETHUSD
In this video, I’ll be sharing my analysis of ETHUSD, using FXAN's proprietary algo indicators with my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities.
I’m always happy to receive any feedback.
Like, share and comment! ❤️
Thank you for watching my videos! 🙏
LITCOIN SIGNALSHello dears
You see that after a good growth, the price was in a range and then we had a decline until the support area was identified, which is also a good area and it was able to record a new ceiling, which is a good sign. Now the best and least risky thing is to buy steps.
We have identified the buying steps for you and the targets...
Note that this analysis is in daily time and may take a while, so if you are not patient, do not enter.
*Trade safely with us*
Having a Mini ALT pump -but it may not last much Longer -CAUTION
The main chart is the Daily BTC PA and the BTC DOMINANCE ( BTC.D ) super imposed below, for the same period.
When BTC.D Drops and BTC PA remains stable, we see ALTS increase in Value, Mostly.
On the main chart, you can see that in Nov 2024, Till Dec, we had a mini ALT seasons and we are having another now
But will this last ?
If we look in more detail at the BTC.D chart below, we can get some ideas
Will it Last ? I do not think so.
We are on two areas of strong support right now.
The 618 Fib extension has provided support already and PA bounced. In fact, at time of writing, Many ALTS are in the RED on an hour chart. We need to watch and see where we go in the next 7 hours
Should this Fib extension Fail, Just below is a longer term line of support.
SO, I would head towards a High rate of Caution with the ALTS right now.
Does this mean that Bitcon will push higher ?
The potential is there, YES
High Level of Caution for th eALTS right now