BTC NEARS 14 WEEKS HIGH, WOULD THE MOMENTUM CONTINUE?The king of crypto, Bitcoin (BTC), extended its winning streak into Thursday, marking three consecutive days of gains. This surge has been largely attributed to a weaker U.S. dollar, the establishment of the U.S. strategic Bitcoin reserve and accumulation of large amount by investors and an overall risk-on sentiment prevailing in global markets, which has buoyed demand for alternative assets like BTC.
As at 5:55pm GMT +4, Bitcoin was trading around $99,280.87, up approximately 2.72% for the day. This bullish momentum puts BTC within striking distance of its 14-week high at $100,202.18, a level that currently acts as a key resistance zone on the upside.
From a technical standpoint, BTC continues to respect the ascending trendline on the 4-hour time frame, reinforcing its short-term bullish structure.
However, the upward movement has so far been capped near the psychological and technical supply zone around $100,000.
For the remaining days in the week, no major catalysts are currently on the calendar. This opens the door for price action to be primarily driven by market sentiment and technical levels.
KEY LEVELS TO WATCHOUT
If bullish momentum persists and buyers manage to push price above the $100,000 barrier, this could pave the way for a test of $102,551. A breakout beyond that level would shift focus to the $106,000 region, As per analysts,
On the flip side, should sellers regain control, immediate support lies at $95,000. A sustained break below that level could lead to deeper corrections, with potential targets at $91,800 and even $88,565, according to market analysts. Breakouts in either direction are not ruled out.
BTCUSD trade ideas
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BTCUSD technical analysis.The new image shows an updated technical analysis chart for Bitcoin (BTC/USD) on a 1-hour timeframe from the Bitstamp exchange, published by the XAUUSD_EXPERT_Team on TradingView.
Key Updates and Insights:
1. Price Action:
The current price has increased to 96,625, down 189 points (-0.20%) from the previous level.
2. Chart Patterns:
Similar to the previous chart, there is a rectangle pattern at the bottom, indicating a consolidation phase.
After a breakout, the price moved upwards, forming a new resistance level at 96,616 (marked by a black line).
3. New Predicted Movement:
The updated arrows indicate a bullish outlook.
The chart now shows a potential retracement to the resistance level, followed by a move upward if the level is successfully retested and holds as support.
4. Trading Implication:
If the price holds above 96,616, it could indicate a buy signal, targeting higher levels.
A break and retest pattern is highlighted, suggesting a potential long position after confirmation.
Would you like help formulating a trading strategy based on this bullish scenario?
Bitcoin has pulled back after a substantial riseThe price of Bitcoin showed a trend of rising first and then making a small correction. On that day, the price rose after getting support near $93,500 and reached around $97,500 at its highest point, before pulling back somewhat.👉👉👉
The bulls in the market have shown strong performance, and the price has significantly increased at one point. However, we still need to be cautious about the potential pullback risks brought by the bearish divergence at the top and the resistance level above.
BTCUSD Trading Strategy
buy @ 94000-94370
sl 93000
tp 95000-95500
If you approve of my analysis, you can give it a thumbs-up as support. If you have different opinions, you can leave your thoughts in the comments.Thank you!👉👉👉
Bitcoin (BTCUSD) – Bullish Continuation SetupBitcoin is showing strong bullish structure on the daily timeframe, having broken out of a key range and now approaching a potential retest zone.
Price is currently hovering around 96,990, and we’re anticipating a possible retracement into the demand zone between 91,856 – 88,533. This area aligns with a previous consolidation and breakout range, offering a high-probability buy zone if price reacts with bullish intent.
📌 Key Technical Highlights:
Break of structure confirms bullish bias
Demand zone identified between 91.8K – 88.5K
Anticipating a retracement for continuation
Bullish targets toward 100K+
We’ll be watching lower timeframes for confirmation (engulfing candles, bullish BOS, or SFPs) before entering long.
Blow off soon?PSA this is just ripping off Peter Brandt's tweets. I gathered his breadcrumbs and pieced together this analysis.
His most recent comment in April '25 suggested that the recent BTC pullback was a back-test of a long standing reverse H&S formation. He has not provided any charting of this formation afaik but I reverse engineered it and I believe this is the formation he is referring to.
He has also said several times that he feels the peak will be in Sept '25 at around $140,000.
Given this information, we have a rough roadmap of how we ought to get there. The market has cooled off since inauguration day and could be preparing for the blow off top.
Fingers crossed!
Next BTC Bullish Target: 110,000?BTC has successfully broken through the last major bearish FVG, signaling a potential shift to bullish momentum. Multiple bullish FVGs on the chart indicate possible support zones where price could retrace before pushing higher. The next target is the breakout of the next bearish FVG towards $102,000-$104,000 before it reach new ATH. Looking for further confirmations on bullish continuation.
Previous Breakout of Bearish FVG:
The recent breakout of the bearish Fair Value Gap (FVG) indicates a shift in momentum. The price has moved above the previous significant resistance, which could be interpreted as a bullish signal.
Bullish FVGs at Key Levels:
The chart shows multiple bullish FVGs (Fair Value Gaps) marked at different price levels. These areas are often considered potential support zones where price could retrace to before continuing the upward trend.
Next Target: Breaking the Bearish FVG:
The next major target is to break the bearish FVG above, which could open the path towards the higher price levels. If this zone gets broken, the bullish momentum could accelerate super fast.
Bullish Market Sentiment:
Given that the last bearish FVG has already been broken and the price is consistently moving higher within bullish FVG areas, the general sentiment is bullish.
The movement suggests that after minor pullbacks to the bullish FVG levels, the price is likely to continue upward toward the 110k+ target range.
Bitcoin vs Nasdaq for this cycleSo many people say bitcoin is like high beta nasdaq, but that is not the case if you plot the historical chart.
Bitcoin just goes up against everything on the long term.
Now if we compare to previous cycles, and apply the fibonacci retracements, we can see the previous cycle top was BTC = 1.618 times de Nasdaq 100 index.
Assuming the same fibo retracement, the top for this cycle would take us around 7 times nasdaq 100, which would be around 140k USD at current prices. Now depending on what nasdaq does, and assuming it goes up to previous highs, we would be talking about 150k USD.
Now, I think this is a pretty conservative estimate given that we are in a global debt crisis, and that bitcoin will position itself as a neutral risk-off asset for investors who do not want to take other risks due to tariffs, deflation, debt refinancing etc.
I think a better estimate is around 10-12 times nasdaq, which could take us to 250-300k USD top, which matches the estimate when comparting btc to gold (see my previous idea).
BTC NEXT MOVE?🚀 Bitcoin (BTC) Market Update
We are expecting a small dip in Bitcoin's price, potentially down to the 89,000–90,000 USD zone. From that level, we anticipate a strong rally toward 101,000 USD, as highlighted in the chart.
📈 This move could also lead Bitcoin toward making a new all-time high!
Stay patient and follow the setup carefully.
#Bitcoin's long-term road plan!-396 days Processed Between 2013 High and 2015 Bottom!
-365 days Processed Between 2017 High and 2018 Bottom!
-365 days Processed Between 2021 High and 2022 Bottom!
-1065 days processed between 2015 Bottom and 2017 Peak!
-1065 days processed between 2018 Bottom and 2021 Peak!
-1430 days Processed Between 2015 Bottom and 2018 Bottom!
-1430 days Processed Between 2018 Bottom and 2022 Bottom!
If the 1065 model is processed between 2022 Bottom and 2025 Peak, I think we will see a local peak in October.
If the 365 days Model is processed, I think we will see a 2025 Peak in October and a 2026 October Bottom.
I will be grateful if you appreciate...
Bitcoin Makes Nice MovePrice action continues to look strong, with BTC holding above key support at $88,804 after breaking out from both descending resistance and the 200 MA. The structure is clearly bullish, and we’re seeing healthy follow-through after the breakout.
That said, I’m keeping an eye on potential bearish divergence forming on the RSI. While price is making higher highs, RSI has yet to confirm with a new high of its own. This doesn’t mean a reversal is imminent — divergences can resolve through consolidation or minor pullbacks — but it’s something to be cautious of in an otherwise strong trend.
Momentum remains on the bulls' side, but I’m staying measured here rather than euphoric.
Bitcoin and the 2013 - 2017 Fractal Update - Have we left it >?
For now, I am going to say YES but maybe not completely.
If we look at the shape of the Fractal and what BTC PA is currently doing, it could be said that we have just completed 2 ranges in one go..the little one that Took us below the fractal and the other one that is next up the Fractal line.
But it is the next 8 weeks that will define this fully and for now, so as to not get caught short, literally, I am looking to that Dashed Arrow that comes off the circle.
Noe, I drew that circle back in late Feb ( posted in March ) and PA has just entered it, as can be seen on this Daily version of the same chart ( but with candles and not a line)
The fact that we have even entered this area tells me that the dashed Arrow is the path PA will take as a route of least resistance and with a possible ATH in Dec of around 322K USD.
That ATH is on the line of resistance drawn from the 2017 ATH and has rejected every Cycle ATH since. ( The line shown on the chart irons out detail but be assured, that line passes throgh the 2021 Nov ATH )
The possibility does exist, thogh gettign slimer, that PA could climb back over the top of the Fractal, though the push to do that would take a LOT of investment... possibly to much now.
So, I will sit happy, looking forward to a 370K -> 322K ATH later in the year..
And it MUST be said, as I always say, Look on both sides. There is a possibility that PA could Drop back to the 80K - > 72K line though I feel this is highly unlikely but we are now entering a zone of strong resistance
Things may get Volatile Soon.
But I would just like to say "THANK YOU" to the 2013 -2017 Fractal. You have taken us on a ride since Nov 2021 and shown us how to do things properly.
And so now.........New Adventures and Horizons await........Onwards and upwards
BTCUSD INTRADAY sideways consolidationThe 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: 90,880 (primary), followed by 88,800 and 87,070
Resistance: 98,940, with extended targets at 101,030 and 101,100
A corrective dip toward the key support zone at 90,880 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 98,940 resistance. A breakout above this level may open the door to further gains toward 101,030 and 101,100 over the longer term.
Conversely, a decisive break and daily close below 90,880 would invalidate the bullish setup, potentially triggering a deeper pullback toward the 88,800 and 87,070 support levels.
Conclusion:
While the broader trend remains bullish, BTC/USD is currently consolidating. Traders should watch the 90,880 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.