BITCOIN📈 BTC/USD Technical Analysis – Bullish Trend with Continuation Setup
The image represents the weekly chart of Bitcoin (BTC/USD) and clearly shows a structurally bullish trend. After a strong upward move that pushed the price beyond $100,000, a technical correction followed, which found solid support in the $72,000–$73,000 area — a previously strong resistance level that has now turned into support.
🗓️ Cyclical Aspect: April Close and Monthly Setup
April, historically a significant month in Bitcoin's cycle, closed bullishly and above the key $93,000 level, which is highlighted in the chart as a crucial price/time zone.
This reinforces the underlying strength of the uptrend, as:
The monthly close above $93,000 confirms bullish momentum.
The recent weekly close also held above this level, strengthening the case for a potential continuation to the upside.
🚀 Projection: Breakout of $108,000 and Future Target
The current all-time high sits around $108,000.
A confirmed breakout above this resistance could trigger a strong price acceleration toward the projected target of approximately $134,000, in line with the price extensions shown on the chart.
📊 Key Technical Elements
Cyclical time zones indicated by vertical blue and orange lines.
Measured retracements and rallies with percentages, key support/resistance zones, and highlighted accumulation/consolidation areas.
Green and red arrows mark strategic lows and highs in the market cycle.
✅ Conclusion
The current structure remains strong and bullish. The fact that both the monthly and weekly closes held above the $93,000 level — a significant price/time level — provides further confirmation of the bullish momentum. If Bitcoin breaks through the $108,000 all-time high, a new leg up toward $134,000 is likely, supported by strong market structure and favorable cyclical conditions.
BTCUSD.P trade ideas
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 9, 2025Technical Analysis and Outlook:
Bitcoin leapfrogged our Interim Coin Rally 100000 via Key Res 97500 in this week's trading session and is clearly aiming to retest the next target of completed Inner Coin Rally 108000. Nevertheless, current price movements indicate a potential retracement from Mean Resistance 104000 toward the Mean Support level at 99300, with a further possible decline likely toward an additional Mean Support target at 94000. However, it is imperative to recognize the potential for upward momentum from the current level, as this could facilitate a trajectory toward the Key Res 106100 and the next Interim Coin Rally at $108,000 and beyond.
You want to be a trader but you have a 9-5 Educational purpose only. You want to be a day trader but can't trade market open because you have a job or you are too busy. The daily bar can give you just as much profits as the 5 min charts. In this video ill teach you how to find support and resistance zone on any market. Opening a line chart starting from the weekly and then looking for areas where price has repeatedly reverse gives you a clue of where price may go in the future on a daily chart. Watch till the end to see how this strategy is applied to all markets.
BTCUSD Technical Analysis – Is a Pullback Coming Soon?BITSTAMP:BTCUSD is currently trading within a clearly defined ascending channel, with price action now testing the upper boundary. This level may act as a dynamic resistance, and rejection here could trigger a corrective move towards the $98,000 support zone.
If buyers defend this support level, the bullish structure remains intact, with potential to move back toward higher levels. However, if price breaks below this zone, there will be little to stop it from falling further.
Monitoring candlestick patterns and volume at this key area is essential to identify potential buying opportunities. Risk should be managed properly—always confirm your setups and trade with solid risk management.
If you have any thoughts on this setup or additional insights, feel free to share them in the comments!
Bitcoin Smashes $103K: Is $150K Just Around the Corner?Bitcoin's Resurgence: Navigating the $100K Breakthrough and What Comes Next
In a remarkable display of market resilience, Bitcoin has reclaimed the coveted $100,000 level, just three months after dropping below this significant psychological threshold. The flagship cryptocurrency's powerful comeback has sent shockwaves through financial markets, triggering a massive short squeeze and reigniting debates about Bitcoin's long-term potential. As the asset pushes beyond $103,000 and approaches its previous all-time high, traders and investors are scrambling to position themselves for what many believe could be the next phase of an extraordinary bull cycle.
The Historic Reclamation of $100K
Bitcoin's journey back to $100,000 represents more than just a numerical milestone—it's a testament to the asset's remarkable resilience in the face of significant headwinds. After briefly touching six-figure territory in early 2025, Bitcoin experienced a substantial correction that saw prices retreat below $90,000, triggering concern among market participants and no shortage of bearish predictions from skeptics.
What makes this recovery particularly impressive is the speed with which it occurred. Historically, Bitcoin has often experienced extended consolidation periods after major corrections, sometimes lasting months or even years. The rapid three-month turnaround suggests underlying strength in Bitcoin's market structure that distinguishes this cycle from previous ones.
On-chain data reveals fascinating dynamics behind the recovery. Throughout the correction, long-term holders continued accumulating Bitcoin, with wallet addresses holding more than 1 BTC increasing by 5.2% even as prices declined. This pattern of "smart money" accumulation during periods of retail fear often precedes significant upward price movements.
The reclamation of $100,000 also coincided with several favorable macro developments, including renewed expectations for central bank easing and diminishing concerns about regulatory crackdowns. These factors, combined with Bitcoin's post-halving supply dynamics, created ideal conditions for a powerful recovery.
The Massive Short Squeeze
A key accelerant in Bitcoin's surge beyond $100,000 was an extraordinary short squeeze that forced bearish traders to cover their positions at increasingly higher prices. Data from cryptocurrency derivatives platforms reveals that over $850 million in short positions were liquidated during a 72-hour period as Bitcoin broke above key resistance levels.
The mechanics of a short squeeze are particularly powerful in cryptocurrency markets due to the prevalence of leverage. Many platforms offer leverage ratios of 10x, 20x, or even higher, meaning relatively small price movements can trigger automatic liquidations. As these liquidations occur, trading algorithms automatically purchase Bitcoin to close the short positions, creating additional upward pressure on prices and potentially triggering more liquidations in a self-reinforcing cycle.
What made this particular short squeeze especially impactful was its timing relative to market sentiment. The Crypto Fear & Greed Index had been hovering in "Neutral" to "Fear" territory for weeks, indicating widespread caution among market participants. This cautious positioning resulted in a market structure where relatively few traders were positioned for upside, creating the perfect conditions for a powerful squeeze when momentum shifted.
Is $150,000 Now Conservative?
In light of Bitcoin's powerful resurgence, price predictions that once seemed ambitious are being reevaluated. Earlier this year, several major financial institutions and research firms issued year-end targets of $150,000 for Bitcoin—forecasts that were met with skepticism by many market observers. Now, with Bitcoin already above $103,000 and demonstrating strong momentum, these once-ambitious targets appear increasingly conservative.
Technical analysts point to several factors supporting the case for higher prices. The weekly Relative Strength Index (RSI), despite the recent surge, remains below extreme overbought levels that typically signal exhaustion. Additionally, volume profiles show relatively little resistance above the previous all-time high, suggesting potential for rapid advancement if that level is breached.
The most bullish analysts have begun floating targets of $170,000 to $200,000 for this cycle, basing their projections on Fibonacci extensions, comparative analysis with previous bull markets, and on-chain metrics indicating strong holder conviction. These projections represent a dramatic shift in market sentiment compared to just a few months ago when many were questioning whether Bitcoin would reclaim $100,000 within the year.
Is It Too Late to Buy Bitcoin?
As Bitcoin pushes beyond $103,000, the perennial question resurfaces: is it too late to buy Bitcoin? This query, which has appeared at virtually every significant price level in Bitcoin's history, reflects the challenge of evaluating assets in price discovery mode without extensive historical reference points.
Historical perspective offers valuable context for addressing this question. Investors who asked whether it was "too late" to buy Bitcoin at $10,000, $20,000, or $50,000 and chose to remain on the sidelines missed substantial returns. However, those who purchased at local tops often endured extended drawdowns before seeing their investments return to profitability.
On-chain data provides additional perspective for evaluating current price levels. The MVRV (Market Value to Realized Value) ratio, which compares Bitcoin's market capitalization to its realized capitalization, currently sits around 2.8—elevated compared to bear market conditions but significantly below the extreme readings above 4.0 that characterized previous market tops.
Similarly, the percentage of Bitcoin supply in profit currently stands at approximately 93%, approaching but not yet reaching the 98-99% levels typically seen at cycle peaks. These metrics suggest that while Bitcoin isn't in "bargain" territory, present valuations haven't reached the extreme overvaluation levels that preceded major corrections in previous cycles.
Bull Run Warning: Navigating the Path Forward
While enthusiasm surrounds Bitcoin's reclamation of $100,000, experienced market participants recognize the importance of maintaining perspective during periods of strong momentum. Several potential warning signs merit attention as traders navigate the current environment.
The rapid nature of Bitcoin's ascent to $103,000 has created technically overbought conditions on shorter timeframes, suggesting the potential for near-term consolidation or pullbacks. The daily RSI has reached levels above 80, a zone that has historically preceded at least temporary pauses in uptrends, even during the strongest bull markets.
Additionally, funding rates on perpetual futures contracts have reached extremely positive levels, indicating traders are paying significant premiums to maintain long positions. This condition often occurs near local tops as market participants become overly enthusiastic about near-term prospects.
Risk management becomes particularly important during such periods of strong momentum. Many professional traders reduce position sizes when volatility increases, recognizing that while potential returns expand during such phases, so do potential drawdowns.
Next Price Targets: From $106K to $1M
As Bitcoin pushes into record territory, analysts have begun identifying potential targets for the next phase of the bull cycle. The immediate focus remains on the previous all-time high around $106,000, which represents both a psychological and technical resistance level. Beyond this point, limited historical price action creates a potential vacuum that could allow for rapid advancement if bullish momentum continues.
Technical analysts have identified several key levels through Fibonacci projections and extension analysis. The 1.618 Fibonacci extension from the previous major correction projects a target around $122,000, while the 2.618 extension suggests potential toward $170,000. These levels represent natural points where the market might experience resistance or consolidation during continued uptrends.
More ambitious predictions extend considerably higher. The stock-to-flow model, which relates Bitcoin's scarcity to its market value, suggests potential long-term valuations approaching $1 million per Bitcoin. While such forecasts remain highly speculative, they illustrate the wide range of potential outcomes for this emerging asset class.
Support levels are equally important to monitor, particularly for traders managing risk in leveraged positions. The psychological $100,000 level now represents initial support, followed by the $94,000-$96,000 zone where significant buying emerged during the recent advance. The 50-day moving average, currently around $92,000 and rising, provides an additional technical reference point for potential support during pullbacks.
Market Sentiment: Fear and Greed Dynamics
Market sentiment indicators provide valuable context for understanding Bitcoin's current positioning. The Crypto Fear & Greed Index has shifted into the "Greed" zone after spending much of the previous month in "Neutral" territory, reflecting improved market sentiment following Bitcoin's reclamation of $100,000.
This transition marks an important psychological shift but also signals increasing risk of overexuberance. Historically, when the index reaches extreme readings in either direction, it has often served as a contrarian indicator. Extreme greed readings have typically occurred near local tops, while extreme fear has often presented buying opportunities.
Social media activity metrics reveal a significant increase in Bitcoin-related discussions, with sentiment analysis showing predominantly positive expressions. Google Trends data indicates search interest for "Bitcoin" has reached its highest level since January, suggesting renewed attention from retail participants who typically enter during periods of strong price performance.
Institutional sentiment provides a contrasting perspective to retail excitement. Surveys of professional investors indicate a more measured outlook, with many maintaining Bitcoin allocations but expressing concern about near-term volatility and the potential for consolidation after the recent surge. This divergence between institutional caution and retail enthusiasm creates an interesting dynamic that may influence price action in the weeks ahead.
Trading Strategies for the Current Environment
For traders navigating Bitcoin's volatile price action, adapting strategies to current market conditions is essential. Different approaches suit varying risk tolerances and time horizons, particularly during periods of expanded volatility and strong directional momentum.
Trend-following strategies have performed exceptionally well during Bitcoin's recent advance, with systematic approaches based on moving average crossovers or momentum indicators capturing much of the upside movement. These strategies typically involve entering positions when short-term momentum aligns with longer-term trends and using trailing stops to protect profits.
Countertrend strategies face greater challenges in the current environment but can still prove effective when applied with appropriate risk parameters. These approaches involve identifying potential exhaustion points where trends might temporarily reverse, typically using oscillators like RSI or Stochastic indicators to identify overbought or oversold conditions.
For longer-term investors, dollar-cost averaging continues to demonstrate effectiveness in navigating volatile markets without requiring precise timing decisions. This approach involves regularly purchasing Bitcoin in fixed dollar amounts regardless of price, mathematically ensuring better average entry prices during periods of volatility.
Conclusion: Navigating Bitcoin's New Era
Bitcoin's resurgence beyond $100,000 represents a significant milestone in cryptocurrency market development, potentially signaling the beginning of the next phase in this remarkable asset's evolution. The speed and magnitude of the recovery from below $90,000 to above $103,000 demonstrates both the volatility inherent in this emerging asset class and the powerful market forces that can drive prices when technical breakouts coincide with favorable fundamental catalysts.
For traders and investors, the path forward requires balancing enthusiasm about Bitcoin's demonstrated resilience with pragmatic risk management appropriate for an asset capable of significant price swings in both directions. While the backdrop appears favorable for continued strength, history suggests the journey will include both exhilarating advances and challenging retracements.
As market participants position themselves for what may come next, maintaining perspective on both historical precedents and the unique aspects of the current market cycle provides the most sustainable approach to navigating this dynamic landscape. Bitcoin's breakthrough beyond $100,000 creates both opportunity and risk—the traders who successfully balance these competing forces while maintaining disciplined execution will likely find the greatest success in capturing the potential of this extraordinary market.
The question is no longer whether Bitcoin can reach $100,000, but rather how far beyond this once-unimaginable milestone the current cycle might extend. For an asset that began trading at fractions of a penny, the reclamation of six-figure territory serves as a powerful reminder of cryptocurrency's capacity to challenge conventional financial assumptions and create paradigm-shifting returns for those willing to embrace both its potential and its risks.
BTCUSD technical analysis.The image you uploaded is a TradingView chart for Bitcoin (BTC) against the US Dollar (USD) on the BITSTAMP exchange, using the 1-hour timeframe.
Key Observations:
1. Current Price: The price shown is approximately 102,832, with a slight decrease (-0.42%).
2. Chart Pattern: The chart shows a clear upward trend followed by a consolidation phase and then a pullback. The highlighted areas suggest a potential price drop.
3. Target Levels:
Target 1: 101,371 USD
Target 2: 99,302 USD
4. Arrows and Annotations:
The green arrows indicate potential downward movement toward the marked target levels after the recent peak.
The chart appears to indicate a bearish scenario, suggesting that the price may retrace to the identified support levels. Let me know if you would like a deeper analysis or insights into this setup!
BTCUSD INTRADAY bullish breakout above 100,00The BTC/USD pair maintains a bullish overall sentiment, underpinned by a sustained upward trend. However, recent intraday price action suggests a phase of sideways consolidation, indicating a potential buildup before the next directional move.
Key Levels:
Support: 96,000 (primary), followed by 93,875 and 90,850
Resistance: 104,100, with extended targets at 106,550 and 109,000
A corrective dip toward the key support zone at 96,000 could offer a bullish rebound opportunity. A successful bounce from this level would reinforce the uptrend and pave the way for a test of the 104,100 resistance. A breakout above this level may open the door to further gains toward 101,030 and 106,550 and 109,000 over the longer term.
Conversely, a decisive break and daily close below 966,000 would invalidate the bullish setup, potentially triggering a deeper pullback toward the 93,875 and 90,850 support levels.
Conclusion:
While the broader trend remains bullish, BTC/USD is currently consolidating. Traders should watch the 96,000 support closely—its defence may confirm trend continuation, while a breakdown could signal a short-term bearish reversal.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Bitcoin Mid Term Game Plan - BTC PLANBitcoin just broke a key resistance level with strength.
I expect a new all-time high soon, likely the summer top.
Summer markets are usually weak for risk assets and strong for gold. Seasonality matters, keep that in mind.
I expect risk markets to sell off until mid-July to early August. I’ll start buying once we break structure again.
The plan:
Wait for BTC to hit $110K
Look for a reversal from that level
Start aggressively shorting alts, beginning with ETH and memecoins
Hold shorts until late July / early August
Close positions and shift back to buying
Can the BTC daily chart break 107K before the weekend? 🚀 CRYPTOCAP:BTC _ Soaring at $103K! 📈
___________________________________________
📈 We are riding this bullish momentum wave, which is backed by institutional investments.
📊Key levels to watch: $107K&...Beyond?
*The Markets as a whole are buzzing with action, volatility and it is possible epic gains! 🤞🤑 So stay tuned! 🚀
BTC is moving within the 96,500.00 - 106,000.00👀 Possible scenario:
Bitcoin (BTC) surged more than 6% as investors turned to alternative assets amid rising fears over the long-term economic impact of global tariffs. If shifting tariff policies continue to push investors away from U.S. assets, Bitcoin could see another strong rally. A broader reallocation of capital may drive the next major upswing, with some projections pointing to a potential new all-time high around $120,000 by Q2 2025.
No major news is expected on May 9, and analysts see BTC staying within its current trend.
✅Support and Resistance Levels
Support level is now located at 96,500.00
Now, the resistance level is located at 106,000.00.
Bitcoin at $103K – Golden Opportunity or Bull Trap?
Bitcoin has just slammed into a major supply zone at $103K, an area where price was violently rejected in February. Are we about to see history repeat itself?
Here’s why this level matters:
1. Historical Supply Zone ($101K–$103K)
Price previously reversed hard from this zone, as shown by LuxAlgo's high-volume supply range. It's no coincidence BTC is reacting here again.
2. Clean Rally from Demand Zone
BTC surged from the $75K–$77K demand range, but it's now facing its toughest resistance yet. If bulls can’t break and hold above $103K, we could see a swift correction.
3. Overextension Risk
With RSI near overbought and no significant pullback in the past 10 days, this rally could exhaust soon – making it a prime short-term sell zone.
4. Trigger Levels to Watch:
Bearish Rejection Trigger: $101K–$103K
Support Target 1: $89,820
Support Target 2: $76,800
What’s the Plan?
I'm watching closely for bearish candles or divergence signs. A rejection here could lead to a quick 10–20% drop. But if bulls break cleanly and retest this zone, BTC may aim for $110K+.
Your Turn:
Will BTC explode past $103K or is this a trap for late buyers? Share your thoughts, setups, and charts below!
#BTCUSD #Bitcoin #Crypto #LuxAlgo #SmartMoney #SupplyAndDemand #FrankFx #PriceAction #BreakoutOrFakeout
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Bitcoin's short, long, and longer term charts
📈 Bitcoin Long-Term Technical Outlook – Monthly Chart
This chart presents a macro-level technical analysis of Bitcoin using the monthly timeframe, highlighting key structural channels and Elliott Wave projections.
🔹 The broader ascending channel (blue) captures Bitcoin’s multi-cycle expansion since inception, with price currently rebounding from the midline support.
🔹 A secondary tighter ascending channel (red) frames the current cycle, suggesting a more accelerated slope in this bull phase. Price is approaching the upper bounds, signaling potential exhaustion areas.
🔹 The Elliott Wave structure overlays two possible scenarios:
• Primary Count (bold blue): Wave 5 in development, with an optimistic target in the ~$224K–$250K range if Wave 3 extends.
• Alternate Count (lighter blue): A more conservative end to Wave 5 closer to ~$130K.
🔹 RSI (14) on the monthly chart is nearing overbought territory but not yet peaking. The double-top formation in RSI from previous cycles is watched closely for signs of trend exhaustion.
🟢 Overall bias remains bullish as long as Bitcoin remains inside the ascending channel with higher highs and higher lows. However, caution is warranted as it approaches long-term resistance levels.
📌 Chart authored for educational purposes — not financial advice.
BTC, THE ONLY ONE THAT WORTH LONGING !Introduction
Crypto Didn’t Make It — Just Admit It
Long positions in crypto are usually pointless and super risky, because crypto simply didn’t make it .
Think of it like the dot-com era—when every company with a website was booming… until they all turned to dust .So there won’t be another altseason.
Crypto had its own version of that in 2021 . Unfortunately, it didn’t deliver anything meaningful to the world. Just sh!tcoin after sh!tcoin.
And let’s be clear: I’m talking about everything except Bitcoin .
The rest? Still pointless. Still super risky. At least until blockchain tech becomes much faster , more advanced, and actually gets used in real, profitable projects that benefit stakeholders — not just hype and tokenomics.
Who am I to say that? Just a trader since 2017 and a blockchain developer (not your average “Web3 dev” who just learned how to deploy a token).
BTC looks primed for a long.
Weekly EMA 55 (orange line) is the key — price above it = bullish, below = bearish. Simple as that.
Right now, BTC is holding strong above it and looks ready to move.
(And yeah, crypto doesn’t care about world news — remember that.)
Entry: ~76,500
Stop Loss: 69,217
Targets:
TP1: 87,196
TP2: 93,985
TP3: 101,900
TP4: 115,534
BTCUSD - Patience Over PredictionMain 4H still bearish. sitting in that supply zone heavy.
But 30M still holding bullish structure.... so im chillin'.
Not forcing a thing - I'll intend to sell once the 30M shows me the shift.
Until then? patience is my entry.
-#BTCUSD #SMCTrader #Supplyzone
#StructureFirst #CHoCHPending #LetitDevelop
Pullback to ~90K Range, Then Bullish BreakoutAlright, I've placed a buy order down at 92k , hoping for a pullback before it heads higher!(Please oh MOG!)
The trendlines I've drawn have been working pretty well so far!
Overall: I think we might see a correction, which could be bad news for those who rushed to buy, but after the pullback, I’m expecting a solid move up toward higher highs.
BTCUSD - Supply Zone Talkin' Heavy / 4H PerspectiveA lot of people screamin' bullish right now, but me? I let the charts talk louder than the crowd.
Marked up BTC off request, But you know I dont touch charts unless I see the logic. And right here? We sittin' pretty deep in a 4H supply zone, tapping into premium pricing. Higher timeframe context backs the area - Liquidity swept, inefficiences filled. You feel me?
Next step? I'm sliding down to the 30M mid timeframe, looking for that internal shift in structure - that clean CHoch to the downside . Once I get that confirmation, it's game on.. Anticipating a sell - side reaction, not just off hope, but off logic and precision.
I aint here to guess, I'm to execute. until the buyers show me dominance with structure, i'm bearish - biased and patient.
Let's see if BTC repsects the zone......
Otherwise? We adapt and flip the narrative like a real techician.
Let the market talk. I just translate.
- #SMC #BTCUSD #SmartMoneyTrader #PriceAction
#SupplyZone #CHoCHLoading #TrustTheProcess