Range Bound Before BreakoutDaily: Nice hold on the reversal candle @50 EMA, 103k Support and strong FVG.
Nice volume to support this move when the drop was somewhat due to the attacks involving Israel and Iran.
-We are seeing a slightly lower high and a rejection from that 110 lvl. But as I said on the weekly, w/o a catalyst I think weโll continue to bounce within the 100-110 range for a bit longer.
BTCUSD trade ideas
Bitcoinโs Cup & Handle Brewing โ $150K in Sight???โ
Cup Formation
Left rim near $111K
Rounded bottom down to ~$75K
Full recovery back to $112K
Volume declined into the bottom and rose on the right side โ textbook structure
โ
Handle Formation
Shallow pullback from $112K to ~$102K
Occurring above prior resistance, now acting as support
Forming a clean downward-sloping channel with declining volume โ ideal pre-breakout setup
๐ฏ Measured Move Target
Cup depth: ~$36K
Breakout above $111K projects toward $135Kโ$150K
๐ง Confirmation Triggers
Break and daily close above $112K
Volume spike above 20-day average
Stochastic RSI turning upward from oversold range
โ ๏ธ Breakdown Note
Pattern remains valid as long as BTC holds above ~$93K (50% of the cup depth).
The handle may extend lower within the channel before breakout.
โ๏ธ TIME FRAME
If no breakout by August then Im probably wrong ๐
Bitcoin - We have to see new highs now!Bitcoin - CRYPTO:BTCUSD - is now at the previous highs:
(click chart above to see the in depth analysis๐๐ป)
It could really not be more exciting on Bitcoin at the moment. With the current "all or nothing" potential breakout or double top creation, we will either see a bullrun or a bear market. So far, bulls are still strong, so the chances of a breakout luckily remain higher.
Levels to watch: $100.000
Keep your long term vision!
Philip (BasicTrading)
BTC/USDI've been calling for a crash for a while.
The closer to the top you are, the more hatred that you'll get for calling one.
It's a difficult position being contrary to the crowd. I think that's why Peter denied Jesus.
In any case, positive sentiment must end and as overdue as it is, I'm expecting a bang, after a final wave of FOMO.
Bitcoin Update: Key Levels, Geopolitics & Cautious Trading Ahead
๐๐ฅ Bitcoin Update: Key Levels, Geopolitics & Cautious Trading Ahead ๐ญ๐
Hey Traders,
Many of you asked for a fresh Bitcoin update โ so here we go. ๐
Last time, we caught that breakout, but it turned out to be a fakeout. Since then, the situation has become more complex. Geopolitical tensions between Iran and Israel, combined with uncertainty in the Middle East, are weighing heavily on sentiment. ๐๏ธ๐ฃ
On the macro side, the Federal Reserve is expected to keep rates unchanged for now โ no cuts yet. Building permits data has disappointed again, but inflation is cooling slightly. For now, the big market mover is clearly geopolitics.
๐ Key Levels to Watch:
โ
Support:
$102,400 โ $102,700 โ If Bitcoin dips here, watch for a bounce.
โ
Resistance:
$106,000 โ Major resistance.
Next Resistance: $108,350
Ultimate target: $113,000โ$115,000, IF momentum returns.
So how am I approaching it?
๐ Long above $106K โ first stop $108K โ target $113Kโ$115K.
๐ Short below $106K โ watch support zones carefully.
๐ If we lose $102K, next big supports are $97,700, $89,000 โ and even $79,000 if things worsen.
๐ซ Big Picture:
Weโre still stuck in a broad sideways range โ roughly $100,000โ$110,000 โ until a clear breakout or breakdown occurs. Without a Fed pivot or de-escalation in the Middle East, momentum may stay muted.
๐ My Advice:
Be cautious. Size your positions wisely. Respect levels. And above all, stay safe โ mentally and emotionally โ in these uncertain times.
Iโll keep you updated step-by-step. Trade smart, stay kind.
One Love,
The FXPROFESSOR ๐
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! ๐๐ค๐
BITCOIN All boxes checked. Couldn't be more bullish than this!Bitcoin (BTCUSD) has filled numerous bullish conditions with the latest being holding the 1D MA50 (blue trend-line) as Support. This is basically the 3rd time testing and holding it since June 05. Even if that doesn't hold, we have the 1D MA200 (orange trend-line) directly below it as the ultimate long-term Support.
This trend-line just so happens to be exactly on the neckline of the Right Shoulder on the long-term Inverse Head and Shoulders (IH&S) pattern that has been in development since December 17 2024.
On top of all these, the market also formed a 1D Golden Cross a month ago, always a strong long-term bullish signal. IH&S patterns typically target their 2.0 Fibonacci extension, which sits at $168000.
Is that another indication that Bitcoin is going after 150k at least on its next run? Feel free to let us know in the comments section below!
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Bitcoin - Will it explode up or down?Introduction
Bitcoin (BTC) is currently trading within a symmetrical triangle pattern, forming a series of higher lows and lower highs. This price action indicates a tightening range as the market approaches the apex of the triangle. A breakout is becoming increasingly likely in the coming days, and traders are now watching closely to see which direction BTC will choose. Will it break to the upside or the downside?
Pattern Trading
The symmetrical triangle has been a consistent feature of BTCโs recent price action. Price has been oscillating between the descending resistance and ascending support trendlines, gradually compressing the range. Based on the current structure, Bitcoin could continue moving within this pattern until around June 26th, when the triangle becomes extremely narrow and a breakout becomes imminent. Historically, such setups can produce false breakouts or โfake-outs,โ where the price temporarily moves in one direction before sharply reversing and breaking out in the opposite direction. These moves often trap traders who enter too early, so caution is advised. Market manipulation is not uncommon in these tight formations, making it essential to wait for confirmation before entering a position.
4H Fair Value Gap (FVG)
Bitcoin has recently filled a 4-hour Fair Value Gap (FVG), a zone that often attracts price due to inefficiencies in the market. Now that this gap has been filled, there could be increased selling pressure, potentially pushing BTC back down toward the lower boundary of the triangle. If BTC is unable to break through the resistance created by this FVG, we may see more bearish momentum. However, should BTC manage to break and hold above this imbalance zone, it would be a strong sign of bullish intent and could open the door for a move to the upside. For now, though, this area remains a significant resistance level.
Upside Target
If BTC manages to break out of the triangle to the upside with strong volume and confirmation, the first major resistance level is around $109,000. This would be a logical target for bulls, as it represents a key zone of liquidity and previous interest. A successful move toward this level would confirm the bullish breakout and could set the stage for further gains, depending on broader market sentiment.
Downside Targets
Conversely, if BTC breaks below the lower trendline of the triangle, the first area to watch is around $103,500. This level is where a significant amount of liquidity has built up, and it could act as initial support. However, if that level fails to hold, the next key psychological level to watch would be $100,000. A drop below this milestone could trigger panic selling and further downside, especially if market sentiment turns negative.
Conclusion
At this point, BTC is at a critical juncture, and traders should remain patient as the market decides its next direction. While the current rejection from the 4H FVG suggests some short-term bearish pressure, the overall pattern remains neutral until a confirmed breakout occurs. Trading within the triangle can be risky due to the possibility of fake-outs, so itโs best to wait for clear confirmation before committing to a trade. Stay cautious, manage your risk carefully, and prepare for volatility as Bitcoin approaches a decisive move.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Thanks for your support.
- Make sure to follow me so you don't miss out on the next analysis!
- Drop a like and leave a comment!
BTC July/August Top3 Drives Pattern (Mar 2024, Jan 2025)
Last Drive in July/August but leaning towards July
June 19th - 22nd for potential impulse
June 27th/28th for a local top into Early July Bottom | if Price is Bearish into these dates then Local Bottom
July 17th to 24th for Summer Top
Aug 3rd to 11th for a potential Local Bottom
Expected Top is 120k and up (Can be seen on Fibs) | 135k would be ideal
Middle East Tension: Read This Before You Trade todayโ๏ธ๐๏ธ๐ฃ Middle East Tension: Read This Before Markets close for the Weekend ๐๐ฅโ๏ธ
Video:
Hey traders,
Todayโs landscape is delicate and raw: we stand between a possible US strike on Iran and a chance for leaders to step back from the edge. Many are asking: Should I bet on gold? Should I short the indices? Should I buy oil?
Hereโs my honest read, straight from todayโs video (which I highly recommend you watch for full context ๐บ):
๐ Bitcoin (BTC)
Still ranging sideways. The last move hit my resistance zone perfectly. For now, BTC keeps its cool โ but watch out: global fear can spark sudden moves, or the opposite, a liquidity crunch.
๐ Gold & Silver
Yes, theyโre classic safe havens โ but donโt fall for the textbook trap. When true chaos strikes, big players often sell profitable gold positions to cover losses elsewhere. So an initial spike is possible, but deep pockets can reverse it fast. This is why Iโm cautious: I do not expect a guaranteed pump on gold or silver.
๐ Crude Oil (WTI)
The chart says it all: any strike in the Middle East fuels oil prices fast. But as Iโve always said โ I do not long oil during human tragedy. Ethics over easy pips.
๐ Indices & USDJPY
Gaps are likely. Risk assets may get hammered if bombs fall. If leaders choose dialogue instead, expect a risk-on rebound. The USD stays a wildcard: trust in the US remains, but shocks test that trust.
๐ Airlines Pausing Flights?
Yes โ major airlines are avoiding the Gulf. That alone signals how real this risk is.
โ
My plan is clear:
I never short disasters. I never profit from pain. I am LONG on humanity and peace. Iโd rather lose a trade than wish for blood in the streets.
I do have some carefully calculated positions open tonight โ fully risk-managed and small-sized. If Monday gaps bless me, fine. If peace wins and my trades lose? Even better.
๐ Watch the full video for my live charts, context, and unfiltered thoughts.
This text is just a recap โ the full idea is already posted as a video.
Stay sharp. Stay ethical. Protect your capital and your soul โ one good trade is never worth your humanity.
One Love,
The FXPROFESSOR ๐
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! ๐๐ค๐
BTCUSD UP Trend buy strong from key support ๐ #BTCUSD Update (4H Time Frame)
Bitcoin is maintaining a strong bullish trend, bouncing confidently from the key support zone at $105,000. Momentum is building as buyers step in aggressively.
๐ Technical Targets:
๐ฏ 1st Target: $110,000
๐ฏ 2nd Target (Major Resistance): $111,900
Price action is showing strength โ watch for consolidation or a breakout near resistance.
๐ Like, Follow & Drop a Comment ๐ฌ
Join us for more real-time updates, analysis & signals!
โ Livia ๐
#Crypto #Bitcoin #BTC #Trading
Final Shakeout Before BTCโs Last Leg Up?BTC Update
Well due update here...
Since my last forecast, price pushed higher without giving the pullback I was anticipating โ instead sweeping liquidity above the prior ATH.
After taking that BSL, price stalled and has since been ranging, showing clear signs of bearish momentum creeping in. We're seeing bearish orderflow on the LTF and daily, and volume is thinning out up at these highs โ not ideal for bulls.
USDT.D is also pushing higher and showing strength, which typically leans bearish for BTC in the short term. The structure on that chart is bullish and supports the idea of a BTC pullback being likely before any continuation higher.
That said, I'm still pro-trend bullish overall โ as I mentioned in April โ thanks to the clean bullish shift from the range lows and clear signs of accumulation. Weโve got textbook last points of support (LPS) and unmitigated demand sitting below current price, which are prime candidates for a reversal.
Right now Iโm eyeing two key levels:
Upper demand zone / LPS โ lining up with the top of the prior accumulation range. This has strong confluence as a breakout-retest zone.
Lower refined weekly/2W demand โ valid if we see a deeper flush or capitulation leg, though less likely in the short term.
My focus is on the first level. Iโll be watching for reactions and reversal signals if price taps into it. Same logic applies to USDT.D as it approaches nearby supply zones.
Overall, I see this as a healthy correction โ overdue after an extended leg โ and expect BTC to push higher and break ATHs once demand is retested and confirmed.
Zooming out: the 4-year cycle is approaching its final stages, with data suggesting a cycle top could form around Q3/Q4 2025 โ likely between August and October, if past cycles rhyme. Iโll be monitoring major assets against that timeline and will look to scale out and risk-off when the confluences begin aligning with that macro cycle window.
Just think...
1 last BTC leg up...
Final altseason hype to drag in latecomers...
Then the cycle ends โ and the trap shuts as we re-enter bear territory.
Charts:
1D:
3D:
1W:
Extra:
1M:
Btcusd is about to be bullishbtcusd is getting ready for tomorrow's FOMC news and we are expecting a massive bullish break out to the moon.
Reasons
1, descending triangle pattern
2, in the bigger picture of the chart, we can see a bullish flag pattern.
3, in weekly timeframe, we can see the chart is a support zone
Bearish reversal?The Bitcoin (BTC/USD) is rising towards the pivot which is a pullback support and could reverse to the 1st support which is also a pullback support.
Pivot: 106,391.59
1st Support: 103,654.27
1st Resistance: 108,761.68
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Weak Pullback, Bears in Control | Will the $100K Zone Hold? BTCUSD โ Weak Pullback, Bears in Control | Will the $100K Zone Hold?
๐ Macro & Fundamental Outlook
Bitcoin continues to face downside pressure after failing to hold above the key $108K resistance. Several macro factors are influencing sentiment:
๐ US bond yields are rising again, as markets expect the Fed to delay rate cuts. This adds pressure on risk assets like BTC.
๐ช Bitcoin Spot ETF inflows remain positive, but are currently not strong enough to counter short-term selling pressure.
๐ต The DXY (US Dollar Index) is recovering, as investors flee to USD amid geopolitical volatility in the Middle East.
๐ Institutional liquidity is thinning across exchanges, adding to intraday volatility.
๐ Technical Analysis โ H1 Chart
๐น Trend Structure:
BTC is now firmly in a short-term downtrend, trading below the descending trendline and all key moving averages (EMA 34, 89, 200).
Rejection from every pullback suggests that sellers are still in control.
๐น Key Price Zones:
Bearish FVG Resistance: 106,096 โ 107,004
First Support Zone: 102,821
Major Support Zone: 101,539 โ 100,419
A clean break below 100K could open the door to 98,000 and below
๐น Momentum:
RSI is neutral, hovering around the mid-40s without strong divergence signals.
Selling volume is increasing but not yet explosive โ indicating the market may be awaiting a macro catalyst.
๐ง Market Sentiment
Traders are currently in โwait-and-seeโ mode, eyeing the next round of macroeconomic data and potential Fed commentary.
Short-term profit-taking is dominant after last weekโs sharp rally.
Overall sentiment: Bearish short-term โ Neutral mid-term โ Bullish long-term
๐ฏ Trade Setup Ideas
๐ป SELL if price retests FVG and gets rejected
Entry: 106,000 โ 107,000
Stop-Loss: 107,500
Targets: 102,821 โ 101,539 โ 100,419
๐น BUY if price reacts strongly from 100,419 โ 101,500
Entry: 100,500 โ 100,800
Stop-Loss: 99,800
Targets: 102,800 โ 104,400 โ 106,000
Preference is given to selling the rally in the short term. Buying should only be considered on confirmed reversal signals at key support.
โ
Conclusion
BTCUSD is currently in a corrective phase, with bears maintaining control. The key level to watch is the $100,419 support zone, which may determine whether Bitcoin maintains its medium-term bullish structure or breaks further. Discipline and confirmation are crucial in this volatile environment.
๐ Strategy Focus: Look to sell rallies toward resistance; buy only on confirmed bounce from strong support zones.
ZONE SNIPER SETUP (BEARISH)BTC/USD Supply Zone Reaction Expected...!
Current price action is retracing toward a well defined supply zone between 107,016 and 108,576, an area of previous institutional selling. The expectation is a potential rejection from this zone, leading to a continuation of the broader downtrend.
If price taps into this supply and fails to break above, short opportunities become favorable targeting:
Intermediate support at 104,000.
Final target at 101,565, aligning with prior liquidity sweep.
Invalidation occurs on a strong close above 108,576.
#BTC/USD, #FOREX, @VeloraFXReal