BITCOIN Daily Is In Bullish ModeNow that we have the Daily in Bullish mode we should be seeing higher highs and higher lows so don't worry about the small retraces that's normal within an uptrend move. This next retrace will be one example of what I'm talking about.
Hodlers on SPOT sell area will be above 112000 unless we see weakness on the trend .
We will keep updating so stay tuned and enjoy the ride.
BTCUSD trade ideas
Bitcoin (BTC): Seeing Strong Buyside Dominance | New ATH?Buyers are showing strong dominance even on the daily timeframe, where currently we are back near the middle line of the Bollinger Bands, retesting the area while buyers try to claim control around the current zone.
As soon as we see that buyers claim dominance and we see similar volume to back the bullish movement, we are expecting to see the movement to the upper side of Bollinger Bands, where then we might be heading for $120K.
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BTCUSD VIP Analysis – Clean Breakout Toward 109K + Target🧠 Full Technical Breakdown for TradingView & Minds
🗓 Date: June 9, 2025 | Asset: Bitcoin (BTC/USD) | Chart: 2H Timeframe
Bitcoin is currently staging a strong breakout rally after consolidating within a bullish structure. This move appears to be fueled by smart money accumulation and could lead us directly into a high-probability reversal zone just below 109K.
Let’s dive into the full structure and what traders should look out for next.
🔍 1. Previous Market Behavior (Left Side of Chart):
Before the breakout, BTC had been trading inside a bearish channel, experiencing sharp rejections and forming lower highs. This downtrend climaxed at the Previous Reversal Zone, where strong buyer interest kicked in — this is a textbook example of a liquidity grab followed by buyer absorption.
📈 2. The Reversal & Blue Ray:
From the Previous Reversal Zone, BTC formed a solid impulsive move upward — this is where the Blue Ray trendline was drawn. This level acted as the initial support for the new bullish structure.
The move from this point formed a new trend, indicating that buyers had successfully reclaimed short-term control of the market.
🟩 3. Central Zone – Bullish Reaccumulation Area:
As BTC progressed, it entered a green bullish channel, which we’ve labeled the Central Zone. This zone shows consolidation within a rising wedge, typically a continuation pattern if volume remains steady.
Notice how price respected both boundaries of the channel multiple times before exploding upwards. This is a sign of smart money reaccumulation, where institutions are quietly preparing for the next leg.
🚀 4. Breakout to the Upside:
BTC has now broken out cleanly from the Central Zone with an aggressive bullish candle, pushing price above 106,000. This breakout suggests a mid-move continuation, and current price action is heading straight for the Next Reversal Zone between 108,800–109,200.
Also note the clean cross above the 50% Fibonacci zone, which further supports the bullish thesis.
🔹 5. Next Reversal Zone (Target Area):
This is the most critical zone on the chart. Price may:
Reject sharply from this area (short opportunity),
Consolidate before continuation,
Or sweep liquidity above it and reverse hard.
This zone could act as a smart money sell zone, where large players unload positions, especially if retail traders jump in late.
🧮 6. Possible Scenarios Ahead:
Scenario A – Bullish Continuation:
Price breaks 109K cleanly with volume.
Next target: 111K–112K (extension level).
Scenario B – Rejection from Reversal Zone:
Price stalls near 109K.
Bearish engulfing candle forms.
Short opportunity back toward 106K–104K.
Scenario C – Fakeout Above 109K:
Price sweeps highs (liquidity trap).
Fast reversal back into Central Zone.
🎯 Trade Setups:
🚨 Breakout Buy (Already Triggered):
Entry: 105,500–106,000
Target 1: 107,500
Target 2: 108,800
SL: 104,800
🛑 Reversal Short (Pending):
Entry: 108,900–109,100 (with confirmation)
Target: 106,000
SL: 109,600
⚠️ Fundamental Awareness:
Multiple U.S. economic events this week (see calendar icons below the chart).
Increased volatility expected — use smaller positions or wider stops near data release times.
📌 Final Thoughts:
This is a classic example of smart money behavior — liquidity grab, controlled reaccumulation, then a breakout toward a magnet zone (reversal supply). If you're already in the move, manage your positions. If not, wait for price action confirmation near the key zone.
₿ BTC: Upside Potential Remains IntactBTC posted modest gains over the weekend, but more upside is expected in our primary scenario. We continue to track a corrective advance in green wave B, with the potential to extend into the upper blue Target Zone between $117,553 and $130,891. From that top, wave C should initiate a downward move into the lower blue zone between $62,395 and $51,323—completing orange wave a. Subsequently, we anticipate a bounce in wave b, followed by another decline in wave c, which should conclude the larger correction of blue wave (ii). There is still a 30% chance that blue wave alt.(i) could make a new high, extending beyond the Target Zone and delaying the broader corrective sequence.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
BTC / USD 1hr 110K INC!BTC/USD – 1H Chart Analysis
📝 Trend Overview:
BTC is showing signs of a bullish reversal, forming higher highs and higher lows, supported by the broadening bottom pattern. This formation often signals accumulation and precedes breakout moves. The market has now bounced three times from the demand zone, reinforcing its validity as a strong support.
📍 Key Technical Zones:
Demand Zone:
103,201.46 – 104,197.07
Price has tested this zone multiple times and bounced, indicating strong buying interest.
☑️ Supply Zone:
110,098.80 – 111,330.54
Significant historical resistance. If BTC reaches this zone, expect strong selling pressure.
📥 Fair Value Gaps (FVGs):
1H FVG: 105,746.93 – 106,157.49
Aligned with the Fibonacci Golden Pocket (0.618–0.786) retracement, increasing confluence.
4H FVG: 107,337.85 – 107,738.15
Key level for potential breakout or rejection.
✅ Targets:
TP1: 1H FVG zone (~106k)
TP2: 4H FVG zone (~107.5k)
TP3: Supply zone (~110k–111k)
❌ Invalidation:
Break and close below the demand zone would invalidate the bullish bias short term.
📊 Volume Profile & OBV:
Volume Profile (Right Side):
High activity zones between 105k–107k show areas of interest for both bulls and bears.
📊 OBV (On-Balance Volume):
Currently consolidating, which suggests accumulation and potential for a breakout once volume picks up.
🧠 Summary:
BTC has regained bullish momentum following multiple rejections from the demand zone and the formation of a broadening bottom. If the price confirms a higher low at or above 104,925, expect a move towards the 106k and possibly the 110k region. Monitor price action at the FVGs for reactions and profit-taking opportunities.
(NOTE: This is a spot trade - Leverage at your own risk and research)
BTC bearish in Short termBTC has broken the 31 May low, so the short-term view is bearish.
It also made a head and shoulder pattern, which supports the view on the short side.
As gold and silver are bullish and DXY (dollar index) bearish, then a flat pattern (5 wave up) mentioned in the chart is also possible
In both cases, BTC is short-term bearish
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BTC/USD Trade Setup - June 7, 2025I'm looking at a potential bullish breakout trade on Bitcoin. Here's the breakdown of my idea:
📊 Context & Structure
Price has broken out of a consolidation zone after reclaiming a prior high-volume node (visible from the Volume Profile on the left).
We see a clear ascending triangle forming, suggesting bullish continuation.
Volume profile shows strong support below current price, with acceptance building at the current level.
📈 Entry & Risk Management
✅ Entry: $104,952 (just above triangle resistance).
❌ Stop Loss: Below the higher low structure and volume gap at $104,401.
🎯 Target: $106,854 — previous high/POI area, aligning with upper resistance on the profile.
📐 Risk-Reward Ratio
RRR: ~3:1, offering a strong reward relative to risk.
📌 Additional Notes:
Waiting for a breakout confirmation candle before full entry.
Strong rejection below $104,700 would invalidate the setup.
This post conveys a clear technical story and shows your reasoning using price action, market structure, and volume profile. Let me know if you'd like a more concise or visual version!
BTCUSD/US02YWen moon?
Seems like BTC will accelerate against the 02Y US… just 1 year ago this was considered a risk asset against a save heaven. The 2 years treasury note is still pretty much under the feds control, seeing that DXY is bullish I don’t think we will get a cut in rates, but BTC will start a rally.
BTC Broadening Formation into Summer 2025BTCUSD has the potential to go to new ATH's in 2025 given it's recent trend higher, but I see a level of resistance from the broadening formation and a weak macro environment. I expect the USD to gain strength into summer/fall and as a result BTC and Equities become weaker, seeing this area on BTCUSD as a potential area to turn and trend lower.
- ERAZ
BTC Multi-Timeframe Analysis: Daily, Weekly & Monthly Structure📊 CRYPTOCAP:BTC Daily Chart
Price bounced cleanly off the 0.236 Fibonacci retracement at $104.6 and is now pressing into local resistance.
– Heikin Ashi candles turned green
– RSI is curling upward
– MACD remains weak, no confirmation yet
Key levels:
→ Break above $106.3 could open the way to $112K
→ Drop below $104.6 puts $100K back in play
📅 All eyes on tonight’s weekly close.
A candle close above $106K would confirm strength into next week.
Will BTCUSD see $90,000 ever again? Phoenix FX mid term analysisBTCUSD 4-Hour Outlook: The Week Ahead
🔴 Key Resistance Zones
First Resistance
$107 000–$108 500
Recent swing highs where price stalled before the last leg down. Clearing and closing above $105 000 on the 4H would open the door toward this zone.
Final Resistance
$111 000–$113 000 (If broken expect a run to $115,000)
The all-time-high area. Heavy sell-side liquidity lives here and past price action shows repeated FVG fills and wicks into this region.
🔵 Critical Support & Buy Zones
Discount Buy Zone:
$92 000–$89 000 (50% at $89 150)
A deeper weekly FVG and longer-term trend support. The ultimate “buy the dip” area if the premium zone gives way.
Premium Buy Zone:
$100 000 – $99 000 (50% at $99 450)
A 4H Fair Value Gap that aligns with our higher-timeframe trend support. The recent bounce here signals strength—and a possible launchpad back into resistance.
📊 Weekly Price Action Scenarios
Bullish Theory:
If BTC can close cleanly above $105 000 on the 4H, look for a run into $107 000–$108 500 (First Resistance). A follow-through push could then target $111 000–$113 000 (Final Resistance) by week’s end with a potential further move to $115 000 where the 8 year trend will be tested again.
Bearish Theory:
Failure to reclaim $105 000, or a clear rejection in the $107 000–$108 500 zone, could usher in a retest of the Premium Buy Zone (~$100 000). A break below $99 000 would shift focus toward the Discount Buy Zone around $92 000–$89 000.
💡 Trade Ideas for the Week
Potential Long Ideas
Entry: 4H candle close above $105 000
Targets: First take-profit at $108 500; stretch target $112 000–$113 000
Stop-Loss: Below $103 000
Zone Re-Entry Long
Entry: Bullish 4H candle close in $100 000–$99 000
Targets: $107 000 then $112 000
Stop-Loss: Below $97 500
Potential Short Ideas
Entry: Bearish price action (e.g., engulfing candle or wick rejection) in $107 000–$108 500
Targets: $100 000→$92 000
Stop-Loss: Above $109 000
Just a Heads-Up:
This is my take on the charts—not gospel, not financial advice, and definitely not a crystal ball 🔮.
Trading is part skill, part patience, and part “what just happened?” 😅
We all see things a little differently, and that’s the beauty of it.
So if you’ve got a hot take, wild theory, or just want to drop some chart wisdom—hit the comments!
Let’s grow, learn, and laugh through the madness together. 🚀📈
Each one, teach one.
— Phoenix FX Team 🔥🦅
BTCUSD - Technical Setup Points to Renewed UpsideLooking at this Bitcoin/USD daily chart, the technical setup strongly favors upside continuation despite the recent pullback from the $113,000 highs. The cryptocurrency has demonstrated remarkable resilience by maintaining support above the $100,000 psychological level after its dramatic surge from the March lows around $60,000, representing an 80%+ rally that established a clear bullish trend structure. The current consolidation pattern around $104,000 appears to be a healthy correction within the broader uptrend, with the green arrow projection suggesting potential for further gains toward the $115,000+ region. Key supporting factors include the sustained break above multiple resistance levels, the formation of higher lows throughout the uptrend, and the relatively shallow nature of the current pullback compared to the magnitude of the preceding advance. While short-term volatility remains elevated, the overall momentum and trend structure indicate that buyers are likely to step in on any weakness, making a resumption of the uptrend the higher probability scenario.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
2023-2024 BITCOIN RISEBITCOIN RISE journey is about to start.
It is important to note that predicting the future movements of cryptocurrency prices is a highly speculative and uncertain endeavor. There are many factors that can influence the price of Bitcoin and other cryptocurrencies, and it is impossible to accurately predict how these factors will play out in the future.
Having said that, if you are making a prediction that Bitcoin will fall to around $12,000 before rising to around $100,000 in 2023 and early 2024, you are suggesting that the price of Bitcoin will experience significant volatility over the next few years. This could be due to a variety of factors, such as changes in market demand, regulatory developments, or global economic conditions.
It is also worth noting that the price of Bitcoin has already experienced significant volatility in the past, with the value of the cryptocurrency fluctuating by thousands of dollars in a relatively short period of time. This means that there is always the potential for significant price changes in either direction, and it is important to approach any investment in Bitcoin or other cryptocurrencies with caution and an understanding of the risks involved.
BTC/USD – 5-Wave Structure Completed | Bearish Divergence + Stru🕒 Timeframe: 30min
📅 Date: June 8, 2025
💱 Pair: BTC/USD (BITSTAMP)
📊 Indicator: Awesome Oscillator (AO)
🧠 Technical Analysis Summary:
A classic 5-wave Elliott structure (1–2–3–4–5) has completed. Key observations:
Wave (5) slightly pushes above Wave (3), but momentum weakens.
Bearish divergence is spotted on the Awesome Oscillator (AO) between Wave (3) and Wave (5), signaling exhaustion.
Price is currently holding above a key structure support (SNR) at 105415.
🔻 Sell Setup:
🟥 SNR = Structure level at 105415.
🧨 If price breaks below 105415, I will enter a short (sell) position.
🧠 This level acts as a confluence zone:
End of wave 5
Loss of bullish momentum
Bearish AO divergence
Potential trend shift
📌 Trade Plan:
💥 Action:
➡️ Sell only if price breaks and closes below 105415.
🎯 Potential Targets:
104200 – local structure support
102800 – deeper correction zone (possible wave A)
🛡️ Invalidation:
➡️ If price closes back above recent high (~105800) with renewed AO strength, I’ll reconsider the short.
🧰 Tools Used:
Elliott Wave Theory (1–5 structure)
Awesome Oscillator – Divergence Confirmation
Market Structure (SNR as key support)
💬 Conclusion:
Wave 5 is done. Momentum has faded. All eyes on the structure level at 105415.
➡️ Break = Sell.
If it holds, no trade.
📌 Stay patient. Let the market come to you.
🔔 Like & follow if you enjoy clean Elliott Wave and momentum divergence setups.
Got your own wave count? Drop it below! 👇
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