Dominance Drop!As we can see, 105 on BTC was a hard psychological level that still remains. The Huge run in the market only showed the manipulation of minds. I do feel we will pull back to mid 90s for a bit before the run!
BTCUSD trade ideas
Start of decline and entry into wave cWave B has ended and the main corrective path and wave formation has begun, and wave C has begun. I will tell you the end of the correction in the next post.
Will we see BTC 107k and XRP 2.9 soon?BTCUSD, XRPUSD Posted this in minds May 9th . Now that we recently touched 105,787 which I think is close enough to 106k and XRP hitting 2.6542 thirty minutes ago, I thought I'd changed the title to reflect the higher targets.
See my other ideas on POPCAT & XRP:
POPCATUSDT will it break through .60 - .62 resistance this time?
XRPUSD Giant Falling Wedge breakout?
Bitcoin Breaks $102K: Bullish Trend or Reversal Incoming?BTCUSD Weekly Technical Review & Strategy Update - Mongoose Capital Trading Desk
Overview:
Bitcoin has continued its strong upward movement, now approaching key resistance zones. The next steps depend on how the asset reacts to these levels.
Key Levels:
Resistance: The $105K–$110K zone remains critical, aligning with the 0.236 Fibonacci retracement and recent highs. A breakout above this level would indicate further bullish momentum.
Support: $90,019 (0.5 Fibonacci retracement) serves as an important support level. A pullback to this area could provide a solid buying opportunity.
Key Buy Zone: $82,728 (0.618 Fibonacci retracement) has acted as a strong support in the past. A retest of this level could offer an optimal entry point for long positions.
Technical Indicators:
RSI (Weekly): The RSI is below 70, indicating room for upside before reaching overbought conditions. The bullish momentum is intact.
MACD: The MACD histogram continues to show widening bullish momentum, supporting the ongoing uptrend.
Volume: Institutional buying pressure remains strong, reinforcing the bullish trend.
Strategic Considerations:
Buy Zone: The $90K– GETTEX:92K range (0.5 Fibonacci retracement) is a potential entry point if a pullback occurs. Watch for confirmation of support at this level.
Breakout Play: A breakout above $105K would likely lead to a move towards $110K–$115K. Position for continued upside.
Rejection at Resistance: If $105K acts as resistance, a pullback is likely. Monitor for signs of rejection at this level for possible short opportunities.
Long-Term Outlook: The trend remains bullish with higher highs and higher lows, suggesting continued upside potential.
Quantitative Overview:
FlowWave Indicator supports the bullish momentum, showing increasing buy-side conviction.
Conviction Score remains strong, reflecting solid buying pressure and bullish sentiment.
Action Plan:
Primary Buy: Look for entries around $90K– GETTEX:92K with a stop below $85K.
Breakout Play: If Bitcoin breaks $105K, target $110K–$115K.
Short Consideration: If price fails to clear $105K, prepare for short opportunities in case of a pullback.
Conclusion:
BTCUSD remains bullish, but resistance at $105K will dictate the next phase. Focus on breakout plays above resistance or buying the dip at key support levels for optimal positioning.
Too soon to make a bet
I wasn't paying much attention to the EW but for now...
Will the fibs be D - E? or 1 - 2
...ok I'm going with D - E
Trade Idea: BTCUSD Long ( BUY LIMIT )1. Trade Direction: Long
• Trend Alignment:
• Daily: Strong uptrend resumption with higher highs, higher lows, and price reclaiming above key moving average. RSI > 70 indicates strong momentum.
• 15-Min: Bullish breakout from consolidation, steep EMA slope, MACD rising, momentum increasing.
• 3-Min: Intraday momentum continuation pattern. Clean bullish price structure.
• MACD (All Timeframes): Strong bullish crossover, rising histogram — confirming trend strength.
• RSI (All Timeframes): RSI not yet overextended on lower timeframes, suggesting room for more upside.
• Price Action: Recent breakout with healthy retracement structure and no major bearish divergence.
• Fundamentals (Contextual):
• BTC crossing $100K is a psychological milestone likely to invite more inflows.
• Macro environment remains supportive for digital assets (inflation hedge, fiat debasement narrative).
• Strong market sentiment and volume suggest continuation potential.
⸻
2. Trade Setup
Entry:
• Entry Zone: $102,800
• Price is consolidating above previous resistance (~$102,000), now acting as support.
Stop Loss:
• SL: $101,200
• Below most recent intraday swing low and EMA on lower timeframes, giving it enough room.
Take Profit:
• TP: $106,800
• Near the next psychological level and extension target from recent measured moves.
FUSIONMARKETS:BTCUSD
BTC & other crypto could possible bleed a little furtherI don't want this to happen but I feel like it's going to.
Would be typical price action and then it's gonna go up so much.
So don't sell your spot holdings, don't leverage long anything.
If it reaches the lower support level you can make so much money haha
BTC Levels to look out for. BTC continues it bullish momentum supported by the total crypto market cap in bullish territory around $3.31T, well above the 1D 200MA.
Starting the week with a continued steady uptrend from last week's push to current levels, reclaiming $102k.
Continued momentum could easily lead to a break and close above ATHs.
If, for whatever reason, there is weakness, there are several levels/ areas of support which must be lost.
Considering that price has reclaimed the psychological level of $100k, it's possible that we won't see lower prices for the rest of the year or bull market.
Bitcoin Nearing Long Term ResistanceAs Bitcoin is closing in on its all-time highs, some commentators have started upping their Bitcoin price targets for the year.
However, Bitcoin's also approaching a long term trendline that has acted as resistance in the past (currently around $113k).
Do you expect Bitcoin to breakdown or blast through this trendline?
BTC - NEW ATH COMING W MORE DETAILS Adding more detail to the current forecast. I originally had this a short opportunity at or near $104,500 or so. But I have modified that to safer played as a sell - $105,000 - $106,400 and then stand to the side, and buy back lower , near $96,400 - $95,900 for what then becomes an ATH. This could be risky for home gamers, so handle your own dreams accordingly. In the end, this resolves higher, not lower and below $83,000 as I had originally thought. Murrey Math, Elliot Wave, and Gonzalez wave systems being employed. Comments and Dms always welcome. Good luck!
BTCMost will say the cycle just starting.
The top will most likely be in next month in June.. if so those that called this a 2017 rally was more than correct. Even XRP moved like 2017.
BTC/USD Market Snapshot – May 12, 2025📊BTC/USD Market Snapshot – May 12, 2025
🔹Current Price: 104,103.42
🔹Timeframe: 1H
📌Key Demand Zone (Support):
🟢 102,322–102,505 – Clean base of the bullish impulse; price respecting this zone multiple times
📈Bullish Outlook:
Price is consolidating in a tight range after a strong impulsive move. As long as the 102,322 zone holds, BTC remains bullish. Break above recent highs could target 105,000+.
📉Bearish Scenario:
If price breaks and closes below the 102,322–102,505 demand zone, expect deeper correction toward 101,000 and 99,800 levels.
⚠️FX Tip:
✅ Use LTF confirmation (5M–15M BOS/CHoCH) for entries
✅ Avoid chasing breakouts – wait for retest
✅ Maintain clear RR plan with tight stops
#BTCUSD #BitcoinAnalysis #PriceAction #SmartMoney #IntradayTrading #FXFOREVER #CryptoSetup #DemandZone
Possibility of uptrend It is expected that after consolidation above the green support zone, the upward trend will continue. If the support zone is broken, the continuation of the correction will be likely.
Bitcoin long term Wave counts Alt season is starting. Here is my prediction for bitcoins retracement thru its ABC waves using Elliot wave theory, also based on past cycles.
I think bitcoin will bottom at around $37,000.
Btc fib levels Btc has hit 105042 level after dipping down to 103820 104367 levels we will see if we can get a clean close above 105042 level if not we will continue at these levels until a breakout
Bitcoin remains bullish across swing and long-term horizonsCRYPTOCAP:BTC - Bitcoin remains bullish across swing and long-term horizons, supported by strong institutional inflows, favorable macro tailwinds, and robust technical momentum. Short-term signals show mixed sentiment due to overbought conditions and minor bearish patterns.
🎯 Short-Term Tactics (Intraday: minutes–hours)
My bias is neutral to slightly bearish. Currently bearish divergence and range trading between 103,000 (support) and 105,000 (resistance). Close below 103,000 signals bearish continuation.
📅 Near-Term Outlook (Swing: days–weeks)
My bias is bullish, cautious due to overbought RSI.
Continued institutional inflows, Fed rate cut expectations, global liquidity injections.
Key Levels are support at 95,000; resistance at 105,000. Invalidation: Daily close below 95,000 flips bias bearish, indicating deeper correction. Buy dips toward support; avoid chasing at resistance.
🌐 Long-Term Thesis (Investment: months+)
My bias is strongly bullish - macro drivers are institutional adoption (record inflows), Fed dovish pivot expectations, global liquidity expansion (e.g., China RRR cut). Maintain or increase BTC exposure; consider incremental accumulation on pullbacks to support. Critical support at psychological 100,000 level. Invalidation: Weekly close below 100,000 or sustained reversal in institutional inflows.
Long-term bullish thesis remains intact unless macro or fund-flow regime materially changes.
Bitcoiin up trendBitcoin is gearing up to test its all-time highs, fueled by growing investor optimism and robust market momentum. Technical indicators and increasing institutional interest point to a potential breakout in the near term.
Strategic Analysis of Bitcoin for Next WeekRecently, Bitcoin has broken through the $100,000 mark, and its market dominance has risen to over 60%. Investors are highly bullish. Such a positive market sentiment is likely to attract more investors to enter the market, further driving up the price. 👉👉👉
In the short term, the price of Bitcoin has continuously broken through multiple key technical resistance levels. For example, on May 8th, it broke through the psychological barrier of $100,000, demonstrating strong bullish momentum. The market dominance has risen to over 60%, and investors are highly bullish. Such a positive market sentiment is likely to attract more investors to enter the market, further driving up the price.
BTCUSD Trading Strategy
buy @ 103500-103200
sl 101000
tp 104300-104600
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!👉👉👉
Summary of Bitcoin Last WeekThe overall trend of the Bitcoin market shows a pattern of "first decline and then rise". The price has continuously broken through several key technical resistance levels, strongly breaking through the psychological barrier of the $100,000 mark and reaching a new stage high.👉👉👉
With the rise in price, the hash price of Bitcoin has steadily rebounded and is approaching the high range of the past month, rising for several consecutive days, indicating that the market demand for computing power resources remains robust.
Overall, after the previous fluctuations, the Bitcoin market has demonstrated strong resilience and optimistic expectations under the dominance of the bulls in the recent period. However, the cryptocurrency market is highly uncertain and risky, and investors still need to approach it with caution.
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!👉👉👉
