BTCUSD Heading Yesterday's Resistance Zone, Price Will React After a recovery to 107.500 BTCUSD is recovering to the upside again towards the resistance of 1.09500. This is the convergence zone between the trendline and yesterday's high. BTCUSD price may correct lower from this zone. Then find some new bullish momentum at strong support zones towards an all-time high.
Support 107.500 - 105.300
SELL Trigger: Break bellow 107.500
Resistance: 109.500- 110.500
Wish you successful trading, leave your comments about BTC.
BTCUSD trade ideas
Bitcoin -> The bullrun is not over!📣Bitcoin ( CRYPTO:BTCUSD ) is still totally bullish:
🔎Analysis summary:
A couple of months ago Bitcoin broke above the previous all time high. This was basically just the expected creation of new highs, perfectly following the underlying cycles. With respect to the long term rising channel formation, this bullrun on Bitcoin is just starting.
📝Levels to watch:
$100.000
🙏🏻#LONGTERMVISION
Philip - Swing Trader
BTCUSD TRADES SIDEWAYS DUE TO A LACK OF DRIVING FACTORS
BTCUSD has been moving within sideways since the end of last week. This week there will be lack of news. The first significant will be FOMC minutes tomorrow, which will definitely affect the DXY index and bitcoin. So before that time I expect that the sideways dynamic of the asset will remain.
So, nothing to trade? Not really
We may consider entering long positions at a current price with a take profit nearby 0.786 Fibo and a stop loss just below the previous low:
🔼 a market buy order at 108078.50 with
❌a stop loss at 107389.50 and
🤑a take profit at 109176.65
After that I expect the price to rebound from the upper border of the triangle. Maybe will consider another long entry.
$BTC Breakout Confirmed – Next Stop: $120K? CRYPTOCAP:BTC Breakout Confirmed – Next Stop: $120K?
I told you — if BTC closes above the box, a breakout was imminent… and it just confirmed!
Price has cleanly closed above the $110K resistance zone after multiple rejections — this breakout signals strong bullish momentum. 📈
Next stops: $120K and beyond
Breakout buyers are now in control — as long as BTC stays above $110K.
Trading Recommendations for BTC/USDBitcoin and Ethereum are demonstrating stable growth amid new forecasts regarding the number of interest rate cuts expected from the Federal Reserve this year. Another dovish stance from the Fed Chair and criticism from Trump over Powell's inaction triggered buying on the U.S. market, which also impacted the cryptocurrency market.
Investor enthusiasm is fueled by expectations of more accessible financial resources, which typically drive capital into riskier assets like cryptocurrencies. Bitcoin, as the flagship of the crypto market, traditionally reacts first to changes in macroeconomic conditions. However, one should not forget the inherent volatility of the crypto market. Even positive macro signals do not guarantee sustainable growth-especially as Bitcoin has been hovering near its historical highs, where buyer interest has been waning recently. It's essential to c consider technical factors, market sentiment, and regulatory risks, all of which can significantly influence price dynamics.
Meanwhile, alongside Strategy, Japanese investment company Metaplanet purchases Bitcoin for its balance sheet. Data shows the company acquired an additional 1,234 BTC for approximately $132.7 million just one day after announcing a $515 million capital raise to fund its Bitcoin treasury strategy. The Tokyo-listed firm stated that this latest purchase at around $107,557 per Bitcoin raised its total holdings to 12,345 BTC. The company holds about $1.3 billion worth of Bitcoin based on current market prices. This makes Metaplanet the seventh-largest publicly listed corporate holder of Bitcoin, surpassing Tesla, which holds 11,509 BTC.
As for intraday strategy in the cryptocurrency market, I will continue to act based on any major pullbacks in Bitcoin and Ethereum, expecting the medium-term bullish market to persist
For short-term trading, the strategy and conditions are described below.
Buy Scenario
Scenario #1: I will buy Bitcoin today if it reaches the entry point around $106,227 aiming for a rise to $ 107,042. Near $107,042 I plan to exit the long position and sell on pullback. Before buying on a pullback, ensure the 50-day moving average is below the current price and the Awesome Oscillator is above zero.
Scenario #2: If the market does not react to a breakout, Bitcoin ca also be bought from the lower boundary at $105,039 with targets at $106,221 and $106,748.
Sell Scenario
Scenario #1: I will sell Bitcoin today if it reaches the entry point around $107,695 aiming for a drop to $106,008. Near $106,008, I plan to exit the short position and buy on a bunce. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is below zero.
Scenario #2: Bitcoin can also be sold from the upper boundary at $106,753 if there is no market reaction to a breakout, targtion the $104,651 and $103,888 levels.
HEAD AND SHOULDERThe bearish head and shoulders pattern in crypto is a classic technical analysis signal that suggests a potential trend reversal from bullish to bearish. Here's how it works:
Structure of the Pattern.
Left Shoulder: Price rises, then dips.
Head: Price rises higher than the left shoulder, then dips again.
Right Shoulder: Price rises again, but not as high as the head, then dips.
Neckline: A support level connecting the lows after the left shoulder and head. When price breaks below this line, it confirms the bearish signal.
The bullish head and shoulders pattern—more accurately called the inverse head and shoulders—is a powerful signal that a downtrend may be reversing into an uptrend. It’s the mirror image of the bearish version and is closely watched by crypto traders for potential buying opportunities.
Structure of the Inverse Pattern
Left Shoulder: Price dips, then rises slightly.
Head: Price dips lower than the left shoulder, then rebounds.
Right Shoulder: Price dips again, but not as low as the head, then rises.
Neckline: A resistance level connecting the highs after the left shoulder and head. A breakout above this line confirms the bullish reversal.
BTC 2HORS BEARISH ANALYSIS
The image suggests that the trader is using technical analysis to identify potential trading opportunities in the Bitcoin market. The use of specific patterns and indicators, such as the descending triangle and target price level, indicates a systematic approach to trading. However, it's important to note that trading carries inherent risks, and past performance is not necessarily indicative of future results.
111-112 Resistance LevelOnce BTC breaks above the 111-112 resistance level and flips it into support we should see price run to 125+ rather quickly. If history echoes, price discovery could easily touch 150, if not 175-200. Also, we should see BTC entering the "euphoric" phase of the cycle around the week of Aug 18th. Fun days are ahead :) remain vigilent!
BTC/USD – Executed Short on Bearish Retest of Resistance PricePrice: 107,950
Position: SHORT
Strategy: Retest Sell into Bearish Continuation
Timeframe: 30m
Status: Trade Active
📊 Analysis Summary:
BTC/USD retested the 107,950–108,100 resistance zone, aligning with the 14 EMA on a clear downtrend. Bearish rejection candles confirmed seller dominance, and I executed a short entry near the top of the retest.
🔽 Plan Ahead:
Towards:105,400
Holding this short unless price breaks back above EMA with bullish strength.
💬 "Sell the bounce. Ride the breakdown. Risk managed, conviction high."
What’s your view? Will BTC hold below 108K or are bulls about to fight back?
#BTCUSD #Bitcoin #CryptoTrading #TechnicalAnalysis #ShortTrade #BearishTrend #EMA #TradingStrategy #SmartMoney #MarketStructure #RiskReward #SwingTrade
BTC/USDT on FIB Retracement LevelsThe price is currently retracing after a recent upward move and is testing the 38.2% Fibonacci level (≈107,805).
The entry zone is defined around 107,546, marked in yellow, suggesting a possible support area where buyers may step in.
The stop loss is placed slightly below at 105,267, around the 78.6% Fibonacci retracement level, to manage risk if the market breaks this zone.
The take-profit (TP1) target is set near 109,867, close to the previous high and aligning with the 0.236 Fib level (≈109,370).
📉 Indicators & Patterns
EMAs are converging, with price slightly under them, showing possible weakness but not a confirmed downtrend yet.
RSI (Relative Strength Index) at the bottom is around 45, signaling neutral momentum—neither overbought nor oversold.
A bullish divergence was marked earlier on RSI, which supported the previous price rise.
📈 Trading Plan Summary
Entry: 107,546
Stop Loss: 105,267
TP1: 109,867
Bias: Watching for a bullish reversal from the yellow support zone.
If price fails to hold above 106,296, it may head toward 105,102 and the 1.618 Fib extension (101,650).
This setup suggests a high-risk, reward potential if price bounces in the support zone, but caution is advised as RSI and EMAs currently show mixed signals.
Btc will test 112 next! With some simple technical analysis I wouldn’t be confident calling in bottom but at this time I’m hedging with a short to take small profits and transfer it into spot for more BTC!! There is a FVG on a daily chart and for now on1H we can see certain resistance. RSI is relatively strong heading to neutral making me believe we may call this bottom for now. Smart money (institutional) has eaten BTC supply and just recently 7 dormant wallets are moving money. Something big may be brewing. Be careful out there.