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BTCUSD trade ideas

Bitcoin - Historical trap (122k then 60k in 2026)Bitcoin is in the final stage of the bullish cycle, and we want to look for the best price to sell and prepare for the 2025/2026 bear market! The best price to sell Bitcoin is at the 1.618 FIB extension or at the main long-term 2017-2021-2025 trendline. This is exactly at 122,069, as we can see on the chart. Many people are saying that it's over for Bitcoin and that Trump's post was a giant trap. I think we will see a final 2 waves on Bitcoin to form an ending diagonal wedge pattern (1-2-3-4-5). Bitcoin is in wave 3. I am also bullish because of the 50-week moving average. Historically, Bitcoin reacted to this MA very precisely. I always recommend using simple moving averages with 20, 50, 100, and 200 periods because this is what the big players are using as well. These MAs are very popular among giant institutions, banks, and investors. I think a huge altseason should kick in anytime soon now because Ethereum is very undervalued, and BTC.D needs a break as well. ETH could be a much better choice for the final 2025 pump. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITSTAMP:BTCUSDLong
by Xanrox
147
BITCOIN → The fall continues... 82K → 76K → 73KBINANCE:BTCUSD is in a sell zone. Trump's comments on the federal reserve, crypto summit failed to impact the crypto market other than a global shakeup and liquidation... The market has failed to see a proper bullish driver, so far. Trump's comments on the Fed ended in a global shakeup (liquidation). Yesterday's summit went so far as to prevent the cryptovalt market from turning green. Technically. Global growth is temporarily halted, the flagship is moving into a deep correction phase, with 73K still the primary target. The market needs liquidity, as it will not be possible to grow at the expense of buyers and only bullish leverage all the time. Price is forming a 90K - 82K range in the short zone after exiting the global consolidation. False break of 91K resistance ( global consolidation support ) ended with a fall, which may continue to both 82K and 73.5K. Resistance levels: 89400, 91K, 93K Support levels: 82K, 78K, 73K The key zone of interest and liquidity is 73-66K. The price is working on a false break of resistance, the imbalance of forces in favor of bears, thus the first stop may happen in the zone of 82K ( lower boundary of the range ). Further it is necessary to observe the reaction to the support. Consolidation, breakdown and consolidation below 82K will provoke a fall to lower targets. Regards R. Linda!
BINANCE:BTCUSDShort
by RLinda
71
BITCOIN at Key Support – Ready to Bounce to $94,000?COINBASE:BTCUSD is trading at a key demand zone, which has previously acted as strong support within the ascending channel. The recent retracement has brought the price back into this area, increasing the probability of a bullish reaction. The confluence of the support zone and the ascending trendline suggests that buyers may step in to regain control. If price confirms support within this zone, we could see a bullish continuation toward the $94,000 level, aligning with the channel’s midline and the next major resistance. However, a failure to hold this level could invalidate the bullish bias and signal a potential shift in momentum. Traders should monitor for bullish confirmation signals, such as rejection wicks, bullish engulfing patterns, or increasing buying volume, before considering long positions. A breakout above minor resistance levels along the way could further strengthen the bullish outlook. If you agree with this analysis or have additional insights, feel free to share your thoughts! 🚀
COINBASE:BTCUSDLong
by DanieIM
59
BITCOIN Correction in Play - Can Bulls Regain Control?COINBASE:BTCUSD is experiencing a corrective move after forming a double top near the upper boundary of the channel. The rejection from this level has led to increased selling pressure, with price steadily approaching a significant support zone around $73,000. The confluence of the trendline support and the horizontal demand zone increases the probability of a bullish reaction. If buyers step in at this level, we could see a rebound, with a potential move toward the $90,000 resistance zone. This level could act as a short-term target within the current market structure. However, failure to hold this support could signal further downside, potentially extending the retracement toward lower levels. Traders should monitor bullish confirmation signals, such as rejection wicks, increasing volume, or bullish engulfing patterns, before anticipating a continuation to the upside. If you agree with this analysis or have additional insights, feel free to share your thoughts here! 🚀
COINBASE:BTCUSDLong
by DanieIM
47
Bitcoin - Please Just Listen To The Charts!Bitcoin ( CRYPTO:BTCUSD ) remains in a bullish market: Click chart above to see the detailed analysis👆🏻 Despite literally everybody freaking out about cryptos lately, big brother Bitcoin is still creating bullish market structure. During every past cycle we witnessed a correction of at least -20% before we then saw a parabolic rally. So far, Bitcoin is just doing its normal "volatility thing". Levels to watch: 70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
24
BITCOIN I TOP will be between 160K - 220 KThis is not the top yet. M2 money supply, which is in my opinion, is the main BTC price driver, is still expanding. Bitcoin price is lagging and it will catch up soon. I still think price will dip below the previous month's low. There will be a great opportunity to add into the spot positions. Which I bought for the first time here and still adding. Im taking only small profits in the extended prices and re-buying. Target for this cycle will be in my opinion in the higher part of the ascending channel. Somewhere between 160 - 220K. There I will start taking profits. 160K - 10% profit taken out 170K - 10% profit take out etc... Might I miss the target and stay trapped in the position for another 4 years. That's not a problem. Even though I got more than 80% of my wealth in the BTC, it's not the bet which I expect to solve my life. But still a big bet enough that once BTC reach 500K. I could retire and never do anything again. But I will still do anyway hahah. Trading is a passion and I will trade until I can still see the screen. Hope you have the same. Whole big picture chart. Hope this can help you with inspiration. Comment with your opinions even if you don't agree.
GEMINI:BTCUSDLong
by David_Perk
27
BITCOIN Cycle pattern completed. Year-end Target locked at $150kBitcoin (BTCUSD) is showing the first signs of life after nearly testing the 1W MA50 (blue trend-line) early this week. Whether this leads to a full on recovery or not, can been partially answered by this Cycle's price action so far. Historically we do know that BTC's Bull Cycles so far tend to peak towards the end of their 3rd year and that's 2025. This Cycle has been predominantly trading within a Fibonacci Channel Up, since its very start, the November 2022 bottom. Its 1W MA50 has been supporting since the March 13 2023 break-out, so it's been exactly 2 years of holding and throughout this time period has provided two excellent buy opportunities. As you can see, the Channel Up can be classified into two main Phases so far: each has a Primary correction (red) of more than -30% drop, followed by a rally (blue), then a Secondary correction (yellow) of more than -20%, followed by the second and last rally (blue). All rallies have so far been around +100%. Based on this model, we are now on the Secondary correction of Phase 2. Notice that all corrections (either primary or secondary) hit or approached apart from the 1W MA50, the 0.382 Fibonacci retracement level from their previous Low. This is actually the first time that the price has marginally broken below the 0.382 Fib. At the same time, the 1D RSI almost got oversold last week (34.50) and according to the August 05 2024 (Higher) Low, this is were a series of RSI Higher Lows would be a signal of a new bottom formation. The bottom and recovery process may take a while though, another 4-6 weeks. According to the Time Fibs (blue dashed vertical lines), each correction (whether primary or secondary) has ended at or a little before the 1.0 Fib with the 0.0 being the bottom of the previous one and 0.5 Fib the Top of the rally. Based on this, we can expect the new rally to start by the week of April 28 the latest. So now as to how high this can get, if it repeats the 'weakest' rally of the Channel's three so far, it should rise by +95.95%, which gives us a straight price of $150000 as a Target. If the rally symmetry also holds, this should come by late September, perfectly aligning with Bitcoin's historic Cycle expectation for the final year. Do you think that will be the case? Recovery starting within 4-6 weeks and if so, are you expecting $150k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
13
BITCOIN Is this the last defense before the narrative changes?Bitcoin (BTCUSD) got yet again increasingly volatile during the weekend and is approaching the 1W MA50 (blue trend-line). As mentioned on the title, this is "the last defense" for BTC as so far this price action hasn't diverged a bit from the Channel Up of the 2015 - 2017 Bull Cycle but a break and 1W candle close below it, would jeopardize that. ** The key 1W MA50 ** In fact the only times that Bitcoin closed below its 1W MA50 during a Bull Cycle and the Cycle continued was of course during the March 2020 COVID global market flash crash and November 18 2019. But the current Bull Cycle is nothing like in 2019 - 2021, it doesn't have the initial overextension of the Libra hype (May - June 2019) or Elon's early 2020 hype nor of course the pandemic shutdown. On the contrary it is incredibly similar with 2015 - 2017 with the only difference being that, thanks to the ETF launch in January 2024, the market marginally breached the previous All Time High (ATH) earlier. ** Symmetry playing out ** So back to the similarities between those two Cycles. The Cycle count indicates that we are at the end of the (blue) Bull Rectangle in March 2017 (847 days) when the price almost tested the 1W MA50 and then started the (green) Parabolic Phase to new ATHs (217 days). Even in terms of 1W RSI and MACD, the two fractals are similar, with the RSI being on its 2nd 'Buy the dip Volatility Phase' bottom and the MACD on its 2nd Bullish Cross. ** How high can it get? ** Now as to how high the new Cycle Top can be, can be anybody's guess, but if it repeats the less aggressive 2021 Top, it could be on the 1.618 Fibonacci extension, i.e. around $170k, while if it repeats the (much more unrealistic for such short period of time in terms of market cap) 2017 Top, it could be on the 2.382 Fib ext, i.e. around $520k. The worst case scenario is to have Fib extension Tops on a decreasing rate, in which case the 1.5 - 1.382 levels are next, giving us a potential target range of 120k - 145k, which would be almost a Double Top similar to November 2021. So what do you think? Will the 1W MA50 come to Bitcoin's rescue yet again or the narrative will change this time? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
14
Bitcoin - Market outlook for the upcoming weeksLiquidity Sweep of the Last 4-Hour Low Last week, Bitcoin pulled a classic sell-side liquidity sweep by breaking below the last 4-hour low. This move likely targeted stop-loss orders placed by long traders and trapped breakout sellers. The price dipped sharply below this key level but quickly reversed upward, signaling a potential bullish reversal. Such movements are often orchestrated by institutional players or "smart money" to accumulate liquidity before driving the market in their desired direction Key characteristics of this liquidity sweep include: Key Liquidity Zone: The 4-hour low acted as a critical support level where many traders had stop-loss orders. Sharp Price Spike Below: The price briefly dipped below this level, triggering stop-losses and enticing short sellers. Aggressive Reversal: Following the sweep, the price rebounded strongly, forming bullish rejection candles on lower timeframes. This confirms the sweep and suggests that smart money may now push prices higher Resistance Zone and Current Market Structure The current resistance level is marked by the blue zone, which represents a key imbalance area. For the bullish reversal to gain momentum, Bitcoin must break above this resistance convincingly. A breakout above this zone would: Confirm a shift in market structure to bullish. Likely lead to a retest of the resistance zone as new support (a common breakout strategy). Open the door for further upside movement toward higher targets. However, if Bitcoin fails to break above this resistance, it could indicate continued consolidation or even another test of lower levels. Impact of Today’s PPI Dat a The U.S. Bureau of Labor Statistics reported that the Producer Price Index for final demand was unchanged in February 2025, seasonally adjusted. This figure came in below economists expectations of a 0.3% increase. Even tho Bitcoin did not react to this right now, it could still show some signs later. Conclusion The sell-side liquidity sweep below the last 4-hour low is a textbook example of smart money manipulation, setting the stage for a potential bullish reversal. Traders should closely monitor the blue resistance zone for signs of a breakout or rejection. Additionally, today’s PPI data adds another layer of complexity to market dynamics, potentially swaying sentiment depending on whether it signals inflationary pressures or relief. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
CRYPTO:BTCUSD
by TehThomas
29
Bitcoin - Bulls vs Bears: Who Will Win This Battle?Market overview: Daily Timeframe The daily chart is the foundation of this analysis, providing a macro perspective on Bitcoin’s current market structure. Price is trading between two critical zones, one acting as support and the other as resistance. These levels have historically played a significant role in Bitcoin’s price action, making them key areas to watch for potential breakouts or breakdowns. Currently, Bitcoin has tested the lower support zone multiple times, showing that buyers are actively defending this level. However, each bounce has been met with selling pressure near the previous support-turned-resistance zone, which indicates indecision in the market. This price action suggests that Bitcoin is in a consolidation phase, where liquidity is building before a larger directional move. There are two potential scenarios that will determine the next major trend: Bullish Breakout: If Bitcoin breaks above the resistance zone (the green-marked area on the chart), it would indicate a shift in market sentiment, with buyers taking control. This move would confirm that the recent downside movement was a temporary correction rather than a trend reversal. A clean breakout, followed by a successful retest of the level as support, would provide an ideal confirmation for a long position, targeting higher resistance levels. Bearish Breakdown: If Bitcoin loses the current support zone, it would confirm that sellers remain in control. A daily close below this level would likely trigger increased selling pressure, leading to a move towards lower support zones. In this case, a short position would be favored, with potential downside targets in mind. Since price is still within this range, waiting for a confirmed breakout or breakdown is crucial before committing to a directional trade. Acting too soon, without confirmation, could lead to getting trapped in false breakouts or liquidity grabs. 4-Hour Timeframe – Liquidity Sweep & Bullish Reversal Signs Looking at the 4-hour chart, Bitcoin has recently swept a major low, a move often associated with liquidity grabs. However, price did not close below this level, suggesting that the move was intended to trap sellers rather than initiate a true breakdown. Liquidity sweeps occur when market makers push price below a previous low to trigger stop-losses and induce panic selling before reversing the price direction. This failure to break lower could be a sign that Bitcoin is gearing up for an upside move, but further confirmation is required. 1-Hour Timeframe – Key Level for a Bullish Breakout The 1-hour chart further supports the bullish case, as it also shows a liquidity sweep of recent lows, similar to what was observed on the 4-hour timeframe. This confluence strengthens the idea that Bitcoin may be preparing for a move higher. A key resistance level has been marked with a black line on the chart. This level represents the most recent structural high that must be broken and flipped into support to confirm bullish momentum. Trading plan for a long position: Break Above the Key High – Price must first move above the marked resistance level to signal strength. Retest & Hold as Support – A successful retest of this level as new support would indicate that buyers are in control. Entry for a Long Position – Once support is confirmed, a long position can be considered, targeting higher resistance levels. If Bitcoin fails to break this level, the bullish thesis weakens, and attention should shift back to the daily support zone for potential bearish continuation. Upcoming Bitcoin-Related News & Events to Watch While technical analysis provides clear trade setups, macroeconomic events can heavily influence Bitcoin’s movement. Some key fundamental catalysts to watch in the coming days include: CPI & Inflation Data (March 12, 2025) – Higher-than-expected inflation could negatively impact risk assets like Bitcoin, while lower inflation numbers could support a bullish breakout. FOMC Meeting & Interest Rate Decision (March 20, 2025) – The Federal Reserve’s stance on interest rates will be crucial. A more dovish tone could provide a bullish tailwind for Bitcoin, while hawkish policy could lead to downside movement. Final Thoughts The daily range is the most critical structure to watch, whichever level breaks first will determine the trade setup. The 4-hour liquidity sweep suggests potential bullish momentum but still needs confirmation. The 1-hour key high must be broken and flipped into support before looking for long positions. Macro events like CPI and Fed decisions could heavily impact Bitcoin’s movement. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
KRAKEN:BTCUSD
by TehThomas
21
Bitcoin reversal confirmed ?!Bitcoin reversal confirmed ?! 👀 I would like to present you some charts with important levels and relevant patterns. 🖥daily-chart (BITSTAMP) and 💡everything important in the chart 👀 💥Here in the daily chart (BITSTAMP) - a Deep-Crab harmonic with - a WolveWave and the daily-chart of the 🔥Daily MA200 re-test 👀 - gap fill - support-line 2022 and 2024 TOPs 👉 BITCOIN roadmap/outlook (from 27th february 2024) 💡 🎯 If you like this idea, please leave me a 🚀 and follow for updates 🔥⏰ Furthermore, any criticism is welcome as well as any suggestions etc. - You're also very welcome to share this idea. Have a nice evening & successful trading decisions 💪 M_a_d_d_e_n ✌ NOTE: The above information represents my idea and is not an investment/trading recommendation! Without any guarantee & exclusion of liability!
BITSTAMP:BTCUSDLong
by M_a_d_d_e_n
8
BITCOIN Money Supply, Dollar and Bonds pushing for MEGA RALLY!This is not the first time we publish a Bitcoin (BTCUSD) analysis in relation to the U.S. Dollar Index (green trend-line) or Chinese Bonds (red trend-line) and Global Liquidity (blue trend-line). In fact we have been doing this since the late 2022 bands in China and like the highly bearish sentiment that was in the market then, we decided to dive into this cross-asset analysis yet again in order to put the current sentiment in perspective. Well it couldn't be more relevant. What we discovered is that all the financial assets mentioned above have yet again aligned to offer the strongest bullish confirmation for BTC since the November 2022 Bear Cycle bottom! More specifically, we are a little past the point where the DXY peaks and declines aggressively, Global Liquidity bottoms and starts rising, while Chinese bonds (our CN02Y/CN20Y ratio) bottom and rise aggressively. In the past 10 years this combination of events has happened 6 times, 2 times during each Cycle: one at the bottom of the Cycle and the other when the final, most aggressive rally starts. Notice also that (naturally) this is where the stock market (SPX, black trend-line) also bottoms and starts rising aggressively. As a result, the above market conditions are an indication that despite the recent monthly correction and turbulence due to a number geopolitical and other trade fundamental reasons, the macro-economic parameters remain intact for the wider picture of this Cycle. Truthfully, this is where an announcement next week of future Fed Rate Cuts would come very handy. So what do you think of this analysis above? Are you fearful that a new Bear Cycle is starting or more confident that the market will soon recover and price a new High? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
7
“Dark Pool Compression Setup—$86,584” Short Position $86,584 Smart Money Trap & Short Position Setup What you’re looking at is a smart money trap contraction (vertical rectangle), designed to bait liquidity before the next significant move. The two horizontal lines act as the tracks where price is expected to range before breaking out in a decisive direction. Key Observations: • Smart Money Trap (Vertical Rectangle): This zone represents an engineered contraction where liquidity is absorbed before a directional push. It’s a classic manipulation zone where retail traders get misled into taking premature positions. • Horizontal Tracks: Price is expected to fluctuate within these levels as it tests liquidity on both ends before confirming the next leg. • Short Position Target: The setup aligns with my short trade, aiming for a deeper move toward the target level indicated on the chart. Price is likely to revisit this area as part of the smart money’s play to trap liquidity before the next structural move. The key here is to observe how price interacts within this zone—any fakeouts or liquidity grabs will determine when the real move begins. My short remains active, with the target positioned accordingly based on institutional footprints.
COINBASE:BTCUSDShort
by The_ForexX_Mindset
89
Bitcoin: Watch Double Bottom 78K This Week.Bitcoin is likely to test the 78K low this week as implied by the lower high (see arrow) established on the previous Monday as a result of the "strategic reserve" news. As I specifically pointed out during my stream, that kind of swift rejection of "positive" news is a very bearish sign. IF 78K breaks, the next broader support is the 73K level (all time high before the election). In my opinion Bitcoin is NOT long term bearish YET, and there are plenty of opportunities to participate on all time frames. The key is you MUST know your levels the type of trade potential they imply. NOW you may better understand why I warn people about investing into highs. The 95K to 105K was a HIGH risk area for longs yet everyone was calling for Bitcoin 200K. That is human nature and the typical retail investor cycle. Someone was selling at those highs and retail let them out while assuming ALL of the risk. We are now at the part where the retail gets fleeced. NOW is the time to be interested and enthusiastic to be accumulating, NOT 105K. The wave count ALONE, which I wrote about, at least offered insight into probability of the election rally continuing higher (See Wave 5 on my chart for months). For swing trades, watch for 78K to be tested for a potential double bottom formation. IF price breaks 78K, watch for the area between 78 and 73K for a reversal pattern (see illustration on chart). Either scenario requires strict confirmation like specific price patterns on this time frame or 4H. The 80K to 70K area is an attractive location of dollar cost averaging BUT you must have a sizing strategy in place. If price manages to stay above 65K, a broader wave 4 bottom may develop which implies long term strength is still probable. Thank you for considering my analysis and perspective.
COINBASE:BTCUSD
by MarcPMarkets
4
Possible D Leg Coming in BTCI've not really seen the things I'd have expected to see so far in my break thesis and this pending W shape alongside the previous possible Elliot count I mentioned has me thinking we might be about to see a big pop. Would absolutely love to see this for the short set up. Trying some longs here where the wouldbe C leg would end if I have this right. Would be out sharpish under the lows, IDK how bad that could get how quickly. But I don't think it's time for the real crypto sell off just yet.
BITSTAMP:BTCUSDLong
by holeyprofit
20
Hellena | BITCOIN (4H): LONG to resistance level of 90,000.Colleagues, after drawing the waves I realized that bitcoin is in a major wave “IV” correction and I believe that this correction is either over or about to be over. Either way I believe that long positions should be prioritized. I expect that the price will either immediately start an upward movement and reach the psychological resistance level of 90,000, or will update the low in the area of 75,866 a little more and then start moving towards the target. In the second case, I advise using pending limit orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BINANCE:BTCUSDLong
by Hellena_Trade
13
BITCOIN (BTCUSD) Intraday Bearish ConfirmationBitcoin is currently experiencing a downward trend on a daily basis. Following a period of consolidation within a horizontal range, the market broke below its support level and reached a new low. On retesting the broken structure, the market formed a symmetric triangle pattern. The breakout of the support line within this pattern indicates a strong confirmation for potential intraday bearish movement. A bearish movement is anticipated, with a target price of at least 79,080.
BINANCE:BTCUSDShort
by linofx1
6
Bitcoin will reach at $221,0001. Overview of the Chart Asset: Bitcoin (BTC) / USD Timeframe: Daily (D) Platform: TradingView Date Range: Approximately mid-2023 to March 11, 2025 Current Price (as of Mar 11, 2025): $76,697.39 (shown in the top right corner) 2. Price Movement Historical Trend: From mid-2023 to late 2024, Bitcoin shows a steady uptrend with some corrections. The price rises from around $25,000–$30,000 to a peak near $100,000 by late 2024. Recent Action: After hitting a high around $100,000 in late 2024, the price corrects downward, dropping to around $75,000–$80,000 by early 2025. The current price as of March 11, 2025, is $76,697.39, indicating a slight recovery or stabilization after the correction. 3. Technical Patterns Ascending Triangle Formation: The chart shows an ascending triangle pattern from mid-2024 to late 2024. This pattern is characterized by: A flat resistance line around $95,000–$100,000 (the horizontal line where the price struggles to break through multiple times). An ascending support line (sloping upward), indicating higher lows as buyers step in at progressively higher prices. Breakout: In late 2024, the price breaks above the resistance of the ascending triangle, reaching a high near $100,000. This breakout is typically a bullish signal, often leading to a continuation of the uptrend. Target Calculation: The target for an ascending triangle breakout is often calculated by measuring the height of the triangle (from the base to the resistance) and projecting it upward from the breakout point. The height of the triangle appears to be roughly $30,000 (from the base around $65,000 to the resistance at $95,000). Adding this to the breakout point of $95,000 gives a target of approximately $125,000. However, the price only reached around $100,000 before correcting, suggesting the breakout may not have fully played out or was interrupted by market conditions. Trendline Upward Trendline: A long-term upward trendline (drawn in orange) connects the higher lows from mid-2023 onward. This trendline has acted as support during the uptrend. Current Position: As of March 11, 2025, the price is testing this trendline around the $75,000–$80,000 level. This is a critical area to watch, as a bounce from this trendline would confirm continued bullish momentum, while a break below could signal a deeper correction. 4. Support and Resistance Levels Support: The long-term trendline around $75,000–$80,000 is a key support level. If this trendline fails, the next significant support could be around the base of the ascending triangle, near $65,000. Resistance: The previous all-time high around $95,000–$100,000 is now a resistance zone. The price struggled to break above this level multiple times before the breakout and may face selling pressure if it approaches this zone again. 5. Price Action Analysis Post-Breakout Correction: After breaking out of the ascending triangle, Bitcoin hit a high near $100,000 but failed to sustain the momentum, leading to a correction. This is not uncommon after a breakout, as markets often pull back to retest previous resistance (now support) or other key levels like the trendline. Current Position: The price is at a critical juncture as of March 11, 2025. It’s testing the long-term trendline support around $76,000. The fact that it’s holding above this level (at $76,697.39) is a positive sign for bulls, but confirmation of a bounce with strong volume would be needed to signal a resumption of the uptrend.
BINANCE:BTCUSDLong
by sohaibfx
9
BITCOIN Is this a Falling Wedge bottom formation?Bitcoin (BTCUSD) is trading since the February 28 Low within a Falling Wedge pattern, below the 1D MA50 (blue trend-line) and at the same time supported by the 1W MA50 (red trend-line). Throughout its dominant Bull Cycle pattern, the +2 year Channel Up, it has formed another 6 such Falling Wedges, all below the 1D MA50 and all turned out to be market bottom formations, which paved the way for an immediate bullish break-out. On all occasions, the 1D CCI has been almost as low as on the February Low. The shortest rebound it made before another break below the 1D MA50, was +26.68% and the highest was +106.96%. As a result this gives us a minimum immediate potential Target of $96800 and a maximum of a little more than $150000. Given that the price has touched the bottom of the long-term Channel Up, like the bottom formations of September 06 2024 and September 11 2023, it is quite likely to see the stronger rebound probability taking place. But what do you think would be the case? Is this a classical Falling Wedge bottom break-out formation and if so what may be the Target? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
6
BTC/USDT Techincal analysis...Bearish outlookMY analysis presents a well-structured bearish outlook for BTC/USDT. The descending wedge and lower highs signal weakening bullish momentum, and a break below the ascending trendline could lead to further downside pressure. A few key considerations: Support & Demand Zones: If BTC breaks below the trendline, the $80,000 - $81,000 zone could act as strong demand. Below that, watch for $77,000 - $78,000 as the next potential support. Volume & Momentum Indicators: Declining volume on bounces and a bearish MACD/RSI divergence would further confirm weakness. Liquidity & Market Sentiment: Are there large buy orders in the $80K region that could trigger a reversal? A bullish breakout above $90K would invalidate the bearish setup and could lead to a retest of recent highs. Are you also considering any macroeconomic factors or news catalysts that might impact BTC’s movement? Please like and leave a comment here and you can check the fundamental analysis: btc_tradingview
BITSTAMP:BTCUSDLong
by Algo_Trading_Mql5
13
BTC/USD Daily Chart Analysis! Detailed AnalysisCurrent Market Overview: Bitcoin (BTC/USD) is currently trading around $85,963, showing a decline of -0.92% on the daily timeframe. The price action indicates the formation of a potential double top pattern, suggesting a possible trend reversal. Key Technical Observations: 1. Double Top Formation (Bearish Reversal Pattern) Top 1 & Top 2 indicate a classic double top pattern, signaling potential weakness in bullish momentum. The price failed to break above resistance, confirming selling pressure at higher levels. A confirmed breakdown from this pattern could lead to a significant decline towards key support levels. 2. Breakdown of Ascending Trendline The chart shows an ascending trendline, which has now been broken. This break signals a shift in market structure, favoring a potential bearish trend. After breaking the trendline, BTC/USD may attempt a retest before continuing lower. 3. Support Levels & Take Profit (TP) Targets TP1: $68,296 – This level acts as the first major support and potential take-profit zone for short sellers. TP2: $49,433 – A stronger support zone aligning with a previous accumulation area. If BTC breaks below TP1, TP2 becomes the next key level to watch. Potential Price Scenarios: 🔴 Bearish Scenario (Primary Outlook) BTC/USD retests the broken trendline or recent highs before continuing downward. Price drops towards TP1 ($68,296), where a temporary bounce may occur. If the selling momentum continues, BTC could fall further towards TP2 ($49,433), a major historical support level. 🔵 Bullish Scenario (Less Likely Alternative) If BTC holds above $85,000 and breaks above the double top resistance, the bullish trend may continue. A strong push above $90,000 could invalidate the bearish outlook, leading to new all-time highs. Trading Plan & Strategy: ✅ For Short Entries: Look for a retest of the broken trendline or rejection at $90,000 resistance before entering. Target TP1 ($68,296) as the first take-profit level. If price continues dropping, hold for TP2 ($49,433). ❌ For Long Entries (Risky): Only consider longs if BTC reclaims the $90,000+ level with strong volume. Set stop-losses below $85,000 to manage risk. Final Thoughts: Bitcoin shows bearish signs with a double-top formation and a trendline breakdown. While a short-term bounce may occur, the overall outlook suggests a move towards $68,000 and potentially $49,000. Traders should wait for confirmation before entering trades. 📉🚨
BITSTAMP:BTCUSDShort
by GoldMasterTrades
13