BTCUSD. Weekly bull pennantThe daily failing wedge’s top trendline is not as sharp of a trajectory as the the weekly timeframe’s and due to this, the daily time frames wege is noticeably longer, so I thinkI am going to post a follow p idea to this one that shows the longer version of the wedge, not sure which one is more valid yet at this current time. If the weekly 50ma(in orange) can hold support then we should break up from this wedge right around where I have placed the dotted measured move lne, in which case the breakout target would be around 133k, if the longer version of the wedge on the daily time frame is the more valid of the two then we will likely have to correct longer before we see a breakout. Will post the longer version n the very next idea post. *not financial advice*
BTCUSD trade ideas
Bitcoin IndecisionBitcoin printed a small bounce yesterday after a strong breakdown, but the technicals remain mixed. Let’s break it down.
The most obvious development is the **death cross** – the 50 MA has now crossed below the 200 MA. While this is considered a bearish signal, it’s also a **lagging indicator**, often reflecting past weakness rather than predicting future price action. The last time we saw a death cross on the daily chart, it came near the bottom, so take it with a grain of salt.
More interesting is yesterday’s candle – a small-bodied candle with long wicks on both sides, forming something of a **doji**. That reflects indecision after a high-volume breakdown. Bulls stepped in to defend just above the $73,800 support zone, which aligns with the May 2024 all-time high and previous resistance turned support.
Price is still trading well below both moving averages, which are now resistance. The triangle breakdown remains intact, and momentum has clearly shifted lower – but holding this horizontal support zone would at least keep the higher timeframe bullish structure alive.
In short: **death cross, indecision candle, and a critical support retest**. Bulls need to prove themselves quickly – otherwise, the path of least resistance could remain down.
Bitcoin Holding Strong — Next Stop: $150K?BTCUSDT Technical analysis update
BTC price is currently retesting its major support zone, which was previously a strong resistance area, now acting as support at the $70K–$75K level. The price has just touched the $75K support zone, and we can expect a consolidation above the $70K level followed by a potential bounce back or a V-shaped recovery from the current level.if we see a strong bounce from the current support level, the next potential target could be around $150K
Bitcoin + Major altcoins requests! (write your altcoin)I am here to help the TradingView crypto community with decisions on altcoins. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response.
While Bitcoin is heading towards 69,000 USDT, please take a look at my newest technical analysis. The price of Bitcoin is inside this falling wedge pattern, and I expect a drop!
I will analyze all your altcoins. 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!
BTC - One More Leg...Hello TradingView Family / Fellow Traders!
This is Richard, also known as theSignalyst.
📉 BTC has been overall bearish , trading within the falling channel marked in red.
But the big question is — where could the potential bottom be?
👉 I’m watching the $70,000 zone!
Here’s why:
The $70,000 area is a key confluence zone — it aligns with the lower red trendline, horizontal support, a psychological round number, and a potential demand zone.
📚 According to my trading style:
As #BTC approaches the blue circle zone, I’ll be looking for bullish reversal setups — such as a double bottom pattern, trendline break, and more.
📚 Reminder:
Always stick to your trading plan — entry, risk management, and trade management are key.
Good luck, and happy trading!
All Strategies Are Good, If Managed Properly!
~Rich
This could be a bitter end for BTC or an opportunity !!!Do you think this will happen, or do you see Bitcoin below $50K in the future?
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
I'm Bullish, but... BTC / USDHello my friends,
At a minimum we're looking at 30 days inside this wedge before breaking out and testing the $96k range once again. Trust me, Bitcoin must form a bullish structure before doing anything interesting.
It could wick to FWB:73K but I'm thinking the heavy orders around $75k might hold and we range instead of dumping more.
Keep an eye on this wedge.
Trade thirsty, my friends!
Pullback to 80KMorning folks,
So, our long-term bearish journey that we were following for 4-5 weeks comes to an end. BTC more or less hit our 74K target and strong weekly support area .
The next one stands around 69K, but market strongly needs a new driving factor to break ~70K support area, and hardly this will happen this week.
Taking in consideration that market is oversold, now we set a tactical target- pullback to 80K resistance area , and then we will see, should be sell again or not.
Bitcoin Tests 2024 HighBitcoin is sitting at a critical inflection point on the daily chart. After breaking down from the symmetrical triangle with strong momentum, it continued lower, with volume confirming the move.
It’s now landed squarely in the FWB:73K –$75K region – a zone that just so happens to be the May 2024 all-time high. I’ve casually mentioned for over a year that a retest of that level wouldn’t be out of the question – and here we are.
Both the 50 MA and 200 MA were already acting as resistance going into this drop, so there were plenty of warning signs before the breakdown. With price now resting above major horizontal support, bulls need to hold the line here to keep the broader uptrend intact. A bounce would be constructive and could eventually form a higher low on the larger timeframe. But if this level fails, the door opens for a much deeper correction.
Bottom line: this is a massive test. The next move will likely shape the tone for the rest of the quarter.
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BTC - Bottom soon?I recently published this idea privately because I was unable to post it publicly at the time. Now, I’d like to make it public.
(Click the picture above to view the TA-Chart.)
I'll be copying and pasting all the text from the original private idea here, along with the missing links I had prepared on April 2nd.
The purpose of this chart is just to illustrate how my three target levels align with my Fibonacci retracement levels — which is also the reason I selected them.
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We are currently in a complex situation. Markets have been experiencing a sell-off due to uncertainty surrounding Trump's tariffs. Additionally, Trump needs to refinance a massive sum of government debt ($7 trillion) over the next 10 years. To achieve this, he must lower the 10-year yield to reduce interest payments.
One way to lower yields is by increasing government efficiency, thereby reducing borrowing needs and bond issuance, which in turn decreases yields. Another method is cutting interest rates, yet his tariff policies counteract this approach. This raises the question: does he want a recession? During a recession investors would flock toward bonds as a safe haven, ultimately pushing yields down.
Bad Signs
- Fed Atlanta GDPNow Gold adjusted at -0.8%
- PMI below 50
- Major uncertainty due to enormous tariffs
-> Michigan Consumer Sentiment (57) and Expectation (52.6) are at levels seen during the recession of 2022
- FED cannot cut interest rates due to persistently high inflation
Are we heading towards a recession?
People tend to overreact and overlook key indicators—one of which is liquidity. Examining the WTREGEN, we see a steep decline since mid-February, indicating that cash has been injected into the system.
This is further supported by the rising RRPONT since mid-February. Additionally, the Fed has been slowing down QT, meaning the liquidity injection is not being offset as much.
Additionally due to the tariffs countries like China could bring a liquidity stimilus into the markets to help their domestic markets.
In summary, liquidity levels should be sufficient for at least a blow-off top. The reason markets have not rallied yet is due to uncertainty stemming from Trump’s tariffs. This is reflected in recession-level Michigan Consumer Sentiment and the Fear & Greed Index.
A key bullish signal would be a falling RRPONT alongside a declining WTREGEN, as this would indicate that cash injections are flowing into risk assets, showing regained confidence. For confidence to return, we need a positive catalyst, such as an stop to QT, an increase of the balance sheet or an interest rate cut. However, the Fed is holding off on cuts due to high inflation and the tariffs.
But this is where it gets interesting:
According to Truflation, inflation has dropped significantly below the Fed’s 2% target since early March. The Bureau of Labor Statistics (BLS) data lags by a full month, so if Truflation’s data holds any truth, the upcoming inflation report on April 10 may reflect this decline. This could restore confidence and provide the Fed with room to give us a positive catalyst.
Where is BTC headed?
Compared to my expectations from early february ( ibb.co ) I expect BTC to first move into the $78K–73K range before rallying toward $115K instead of rallying now at 82k. This range aligns with my Fibonacci levels, and 73K was the high of March 2024. Additionally there is currently a fractality compared to the bottom of 2022 where the bottom now would be rougly at 75k.
To reach $115K, BTC must first break the black downward trendline and the double-top neckline at around $95K. My blow-off top target is $115K, and if BTC holds above $100K, I will eye $145K and $185K as the next targets.
Furthermore there could be a chance that the tariffs are just a negotiation tool since the tariffs do not make any sense % wise.
However if Trump does intend to impose these tariffs at the said % and other countries stab back with their tariffs, then we might actually see a stagflation if the Fed does not intervene-or intervenes too late.
BTC/USD 1H CHART PATTERN BTC/USD is currently facing strong resistance around the $84,000 level. If the price fails to break and hold above this zone, it may signal weakening bullish momentum. A stabilization below $84,000 increases the likelihood of a downward move, with the next target around $77,000. This level could act as key support, and a drop toward it may indicate a short-term bearish trend. However, if BTC manages to break above $84,000 with strong volume, it could resume its upward momentum. Until then, price action below resistance suggests caution, as bearish pressure may start building in the coming sessions.
Where can Bitcoin turn bullish again? (2D)Before anything, pay attention to the timeframe of the analysis. This is a 2-day timeframe, so it will take time.
The green zone is where Bitcoin can start moving toward the specified targets. If the ATH is broken, Bitcoin could also move toward $120K and $140K. However, based on the chart, there is currently no certainty about Bitcoin’s final target.
Reaching the green zone may take more than 4 to 5 weeks.
We are looking for buy/long positions in the green zone.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The latest analysis of Bitcoin is in a downward channelBTC is currently trading within a well-defined descending channel, showing consistent lower highs and lower lows since mid-March.
Descending Channel: The upper and lower boundaries have acted as reliable resistance and support zones.
Double Bottom Pattern: Price action recently formed a double bottom near the $75,000 zone (marked "HUNT2"), which is typically a bullish reversal signal.
Breakout Target: The neckline breakout from the double bottom targets the $85,000–86,000 zone, which aligns with the upper boundary of the channel — a confluence resistance.
Fakeouts (HUNT1 & HUNT2): These "hunt" zones likely represent liquidity grabs or stop-loss sweeps, indicating strong institutional manipulation before major moves.
Bullish Scenario: After touching the lower level of the neckline, it goes to touch the top line of the channel and touches the target of the pattern.
.
Bearish Scenario: Rejection from the $85K zone could send BTC back down toward
73K
–$ 74 K. Further downside could bring the $69K–$70K zone into focus.
BTCUSD ChatGPT: Chart Analysis for Bitcoin (1-Hour Timeframe) – April 08, 2025
Key Observations:
1. Price Action and Trend:
- Bitcoin is in a downtrend, as indicated by the blue descending trendlines, creating lower highs and lower lows.
- The resistance zone is near 80,000, with 79,161 acting as a key level of resistance.
- Price is currently approaching the support level, which is in the range of 75,000 to 77,000, indicating a potential area for price reversal or further decline.
2. Order Block and FVG (Fair Value Gap):
- The order block located near 79,161 to $79,000 is an important zone where price rejected and fell previously. This suggests that sellers have been controlling this level, and it may act as a strong resistance again if the price revisits.
- …
ChatGPT: - As Bitcoin approaches the support level, a surge in volume could indicate a possible breakout or a reversal from the support zone.
4. Target and Potential Movement:
- The target for the current setup is 79,161, near the upper resistance zone, with potential upward momentum from the support area.
- Bitcoin is likely to reach the 79,161 target after bouncing from the support zone. However, if the price fails to break through the resistance, a drop back to the support zone or even further downward movement may occur.
Potential Scenarios:
- Bullish Reversal: If Bitcoin bounces from the support level and breaks above the resistance at 79,161, it may push higher towards 80,000 and beyond. The FVG area will be a critical point to monitor for further upward m…
ChatGPT: Currently, Bitcoin is at a pivotal point, testing support while trying to break through resistance. The next price action will depend on how Bitcoin reacts at these key levels. Traders should keep an eye on 79,161, which could be a crucial turning point for the market direction. If the support holds, a reversal is possible, but failure to maintain the support could lead to further declines.
BTCUSD: Attacking the 2025 Resistance looking for huge breakout!Bitcoin turned neutral on both its 1D (RSI = 47.243, MACD = -1813.400, ADX = 31.557) and 1W (RSI = 45.530) technical outlooks following the 90-day tariff pause. Technically it is going after the LH top of the Falling Wedge from its ATH and the 1D MA50, which has been the main Resistance since February 4th 2025. There is a key Bullish Divergence on the 1D RSI too, being on HL as opposed to the LL of the Falling Wedge. A breakout above the Wedge typically sets a technical target on the 2.0 Fibonacci extension, which falls just under the ATH Resistance Zone. Be ready to go long if the breakout takes place (TP = 106,000).
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BTCUSD: Last chance to prove the Bull Cycle is still intact.Bitcoin remains bearish on its 1W technical outlook (RSI = 40.819, MACD = 1234.500, ADX = 47.185) as it is on the 3rd red 1W candle in a row, which just hit the 1W MA50. First contact since Sep 2nd 2024. The weeky low is also almost at the HL bottom of the Bull Cycle's Channel Up. Needless to say, it has to hold in order for the bullish trend to continue. Practically this is the market's last chance to prove that the Bull Cycle is still intact. So far the -32% decline is no different that all prior inside the Channel Up but an Arc shaped bottom needs to start forming. If it does and that's the new bottom, expect $160,000 by September.
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BTC/USD Long Setup – Bullish RSI DivergenceWe’re currently looking at a textbook bullish divergence on BTC/USD. While price printed a lower low, the RSI formed a higher low on the 4H chart, signaling a potential reversal in momentum. This divergence often precedes a trend change or at least a relief rally.
BTC/USD Short Setup I have entered a short position on BTC/USD following a failed breakout and 4-hour candle close back below the key horizontal resistance level. This level also aligns with the mid-range of the recent consolidation zone. Price attempted to reclaim this level but was firmly rejected, signaling potential bearish continuation.
Entry: $81,517.95 (Rejection confirmation at resistance)
Stop Loss: $84,720.67 (Above the recent swing high and invalidation zone)
Risk Management Level: $79,552.34 (Move SL to BE once TP1 is hit)
Target Levels:
TP1: $79,552.34 – Moving SL to BE at this point to manage risk
TP2: $75,012.31
Trade Rationale:
The 4H rejection candle confirms sellers defending the resistance zone, with price unable to close back above — a signal of continuation lower within the broader range.
A clean break and retest of the ascending short-term trendline may further confirm bearish momentum.
Risk is defined above the most recent supply zone to allow space for natural price volatility.
Targets are mapped based on previous support reactions and potential liquidity pools below current levels.