TradeCityPro | Bitcoin Daily Analysis #61👋 Welcome to TradeCity Pro!
Let’s move on to the analysis of Bitcoin and key crypto indices. As usual, in this analysis I want to review the futures session triggers for New York.
🔍 Yesterday, one of our short position triggers was activated. Let’s get into the analysis to see how we can open a position today.
⏳ 1-Hour Time Frame
In the 1-hour time frame, as you can see, the trigger we gave yesterday at the 84382 level was activated and the price moved down toward the 82813 area. Today, I’ve adjusted the position of these lines since the price has created a better structure and the placement of the levels can change accordingly.
✔️ Currently, the price has formed a box between 83233 and 85482 and continues its ranging structure.
📈 For a long position, we can act if 85482 breaks. If this level breaks, since the trendline has also been broken, this time the price can move upward with more momentum, and the first target of this position would be 85482.
📊 Market volume is currently ranging, and we can’t extract specific data from this tool. But if volume increases along with an upward price movement, it would be a very good signal for the continuation of the bullish trend.
🔽 If that doesn’t happen and the price moves downward, the 83233 trigger is a very good one, and a break of this area gives us confirmation of a trend reversal, and the price can move further down.
👑 BTC.D Analysis
Let’s look at Bitcoin dominance. Dominance is still ranging and hasn’t moved much compared to yesterday.
⭐ A break of 63.61 would be suitable for a bullish move, and a break of 63.23 would be suitable for a bearish move.
📅 Total2 Analysis
Let’s move on to the Total2 analysis. This index is acting very similarly to Bitcoin and is currently near its long trigger.
🔼 For a long position, a break of 980 is suitable, and for a short position, a break of 947 is appropriate.
📅 USDT.D Analysis
Let’s check out Tether dominance. We’re still waiting for a break of 5.39, which is a very important level, and if it breaks, the price could have a long-term bearish move.
💫 For a bullish move in dominance, breaks of the 5.53 and 5.59 levels are also suitable.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
BTCUSDT.5L trade ideas
BTCUSD - Wave B Needs One More Low - Lets Talk About It...So far, there's been no actual gain or loss from my current idea that we could reach 90K. However, I’d like to propose a new perspective — that we may have been navigating a complex, expanded Wave B Zig-Zag this entire time.
With a deeper understanding of AriasWave, I can now make certain assumptions more confidently. I had considered this scenario before but dismissed it due to how far-fetched it seemed. Now, I’m revisiting that idea with a fresh outlook.
The key point is: nothing has been gained or lost yet — which means this is your opportunity to reassess and position your trade in the right direction using this analysis.
Let’s make it count. Let’s do this!
Check out the chart version linked below.
Short Entry: 83,000
Target: 74,517
Bitcoin Reversal After Fake Bullish Divergencehello guys.
Fake Bullish Divergence:
The Relative Strength Index (RSI) at the bottom shows a bullish divergence, but the price action invalidated it — signaling a "fake divergence".
This could trap early long positions and fuel further downside.
Broken Trendline Support:
A significant ascending trendline support has been broken, indicating weakening bullish momentum.
The recent bounce back seems corrective rather than impulsive.
Price Projection:
An arrow points downward toward the horizontal support around $69,149, hinting at a possible drop in price.
This level coincides with the intersection of the mid-channel support line and horizontal price structure.
Channel Structure:
The overall chart operates within a large ascending channel.
A revisit of the lower bound of the channel aligns with the projected price target.
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Conclusion:
Despite the recent rebound, Bitcoin is showing signs of weakness due to a fake bullish RSI divergence and a broken ascending trendline. The technical setup suggests a potential decline toward the $69,000–71,000 support zone before any meaningful recovery can occur. Caution is advised for bullish traders until the price confirms a stronger support or reversal signal.
BTC: Local Long Setup in Play
A leading diagonal (cLD) has formed on the chart — potentially completing wave A or 1. We're now seeing the development of a corrective wave B/2.
📍 Key demand zone: 82,000 – 80,000
This area is supported by:
• Fibonacci extensions
• VWAP and balance zone
• 4H BPR
• Strong volume cluster (profile-based)
⏳ This is a local setup, but if confirmed, it may kick off wave 3/C with a potential target at 90K+.
BINANCE:BTCUSDT COINBASE:BTCUSD BINANCE:BTCUSDT.P
BTCUSD - Another Dip Is Possible With This Count...Recent rejections at the highs have prompted a deeper analysis, and the findings are quite intriguing.
Based on a detailed wave review, there's a possibility we're currently trading within an expanded Wave B zig-zag pattern that has yet to find a bottom.
If this scenario holds and we see a break below the 83,000 support level, price could potentially decline toward the 74,517 area.
On the upside, resistance is observed at 86,506 and 85,493.
Bitcoin’s Elliott Wave Outlook: A Major Correction Ahead?Bitcoin appears to be in its fifth wave, signaling new all-time highs (ATHs), though likely not significant ones, as fifth waves often form as ending diagonals. On a larger scale, the completion of this lower-degree fifth wave suggests that the broader third wave is also reaching its peak. If this holds true, a higher-degree corrective phase is on the horizon.
Historically, major corrections have resulted in drops exceeding 75%. If this pattern repeats, the upcoming fourth wave of the larger degree could follow a similar trajectory. This implies that within the next few months, Bitcoin may enter a bearish cycle.
This analysis is for educational purposes only and should not be considered financial advice.
DeGRAM | BTCUSD Formed a Rising Bottom📊 Technical Analysis
Breakout formation
BTC/USDT bounced from strong support, forming higher lows and testing the resistance line.
Key resistance
The main resistance zone is at $92,000; a breakout here could trigger strong upward momentum.
Predictive scenario
The price is likely to continue rising toward resistance with a potential breakout if momentum holds.
💡 Fundamental Analysis
Cooling U.S. inflation and Fed pause support risk assets. Over SEED_TVCODER77_ETHBTCDATA:1B in BTC ETF inflows and fading tariff tensions add bullish pressure. On-chain data shows whales accumulating BTC.
✨ Summary
Technical setup aligns with improving fundamentals. A break above GETTEX:92K could lead to a sharp BTC rally. Monitor macro data and ETF flows.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Waiting for a big boost for the market, over 90K BTC💎 BTC PLAN UPDATE (April 16)
First of all, congratulations to the investors. Everything went according to our trading plan and we had very good comments. Specifically, yesterday the price fell from the 86k area straight to 83k. We had more than 3000 prices together. Today's BTC trading plan did not change much.
NOTABLE NEWS ABOUT BTC:
According to Bloomberg, Bitcoin (BTC) mining hardware manufacturer Bitdeer is preparing to launch its own mining operation in the United States (US). The company intends to speed up the shipment of equipment following President Donald Trump's announcement of a 90-day tariff suspension. In addition, the pressure from tariffs has led to a decrease in Bitcoin mining hashrate among miners in the United States over the past month.
TECHNICAL VIEW
Bitcoin has faced multiple rejections around the 200-day exponential moving average (EMA) at $85,000 since Sunday. On Tuesday, BTC attempted to break above this level but was rejected and fell 1.12%. At the time of writing on Wednesday, the price was hovering around $83,500.
If BTC closes above $85,000 on a daily basis, it could extend its rally to the psychologically important $90,000 level. A successful close above this level could extend the rally to test the March 2 high of $95,000.
Please continue to pay attention to the 84.2k resistance zone, this is an important resistance zone before we DCA to higher and more important areas
==> Comments are for reference only. Wish investors successful trading
Breakout trading
(Title)
Breakout trading starts with finding support and resistance points
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Hello, traders.
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Have a nice day today.
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I will take the time to talk about breakout trading.
This is my opinion, so the content may be lacking.
The reason I did not explain what other people say with examples is because trading is a psychological battle.
Most of the content in books or on the Internet is explained with patterns.
However, it is not easy to find patterns when checking the movement of a real-time chart.
Therefore, I think it is more important to understand why such movements occur than to explain them with patterns.
Therefore, I think it is better to create a trading strategy by finding support and resistance points and checking whether or not they are supported by the support and resistance points rather than memorizing patterns.
Breakout trading refers to starting a transaction after checking whether there is support at a point or section when the price rises above a certain point or section, and there is a possibility of a larger rise.
If you do a breakout trade incorrectly, you may end up buying at a high point, which could result in a large loss, so it is recommended to always keep a stop loss point when trading.
In order to reduce the stop loss, you need to make an effort to lower the average purchase price by selling in installments when the price rises after purchasing and buying in installments when the price falls again.
Therefore, the stop loss point is when it is beyond the range you can handle.
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Let's take the BTCUSDT 1D chart as an example.
It has fallen after renewing the ATH.
Looking at the current price position, it feels like it will fall further.
However, if the price rises to around the HA-Low indicator on the 1D chart, that is, around 89294.25, you will feel like it will turn into an uptrend.
Even if you think that you won't feel that way now, you will feel that way after it rises.
Therefore, the most important thing in breakout trading is to find important support and resistance points.
To find support and resistance points, you need to basically understand candles.
Any book or video about candles will do.
I recommend that you don't try to memorize the content in it, but read or watch it repeatedly several times.
In my case, after watching the video about candles about 3 times, my understanding of the chart became easier.
The reason for finding support and resistance points is to select a trading point.
What you need to find support and resistance is a horizontal line.
It is not easy to start trading with chart tools that are not horizontal lines but diagonal lines or curves.
The reason is that when you try to start a trade, you are more likely to miss the timing because your psychological state is added.
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You can see that the uptrend started when it broke through the 73072.41 point.
Therefore, you can see that it is possible that the uptrend will start when it breaks through the 106133.74 point this time as well.
However, in this case, since it is rising while renewing the ATH, it is a point where it is thought to be difficult to actually start trading.
In other words, it is likely that you will be reluctant to trade because it is thought to be a high point.
Therefore, as I mentioned earlier, the actual breakout trade will be conducted when it breaks through the 89294.25 point.
Then, even if it rises to around the 106133.74 point, you will be more likely to respond stably without feeling much psychological anxiety.
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However, there is one problem.
That is, the StochRSI indicator is currently in the overbought zone.
Therefore, when it rises near the 89294.25 point and confirms support, the StochRSI indicator should show a downward trend from the overbought zone.
Otherwise, the 89294.25 point is likely to act as a resistance point.
Even if the market is messy and difficult to predict, you should not be too busy finding support and resistance points.
After all, you need to have a standard for creating a trading strategy to start trading.
It is better to create a trading strategy and respond at the support and resistance points you have selected if possible.
Even if you suffer a loss, if you continue to trade, you will be able to better organize the support and resistance points.
For reference, the indicators that can create a trading strategy on my chart are the HA-Low and HA-High indicators.
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Thank you for reading to the end.
I hope you have a successful trade.
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HelenP. I Bitcoin will rebound from trend line and drop to $80KHi folks today I'm prepared for you Bitcoin analytics. After multiple attempts to break through the resistance zone between 88500 and 89800 points, Bitcoin continues to respect the upper boundary of the descending wedge. The price remains confined within this structure, with each test of the trend line resulting in a rejection. The most recent rally brought Bitcoin back into the resistance area and right up to the trend line once again, but the breakout didn’t happen. Earlier, Bitcoin bounced strongly from the support zone between 80000 and 78800 points, forming a local bottom before initiating its move upward. However, even after this strong bounce, the price still failed to break above the trend line, confirming that bearish pressure remains active. The resistance zone has rejected the price four times, reinforcing its significance. Currently, BTCUSDT is trading just below the trend line and inside the wedge. Given the repeated failures to break higher, the strong supply zone, and the continuation of the downward pattern, I expect Bitcoin to reverse again and fall back toward the 80000 level. That's why this level is my current goal. If you like my analytics you may support me with your like/comment ❤️
BTC/USDT Analysis – Shorts in FocusHello everyone! This is CryptoRobotics’ trader-analyst with your daily analysis.
Yesterday and today, Bitcoin continued to trade sideways and even attempted to break the local high, but was met with market selling pressure.
At the moment, we still prioritize the short scenario. Around the ~$84,700 level, we observed a battle between buyers and sellers. If the price consolidates below this level, it will confirm the bearish scenario and we’ll look for a move down to the next buy zone.
If buyers strongly defend this level, we may retest the local high.
Sell zones:
$85,600–$88,000 (absorption of aggressive buying),
$95,000–$96,700 (accumulated volume),
$97,500–$98,400 (pushing volumes),
$107,000–$109,000 (volume anomalies).
Buy zones:
$82,700–$81,400 (volume zone),
Level at $74,800,
$69,000–$60,600 (accumulated volume).
What do you think will happen first?
A full breakout through the sell zone and continuation of the uptrend, or a correction?
Share your thoughts in the comments — would be interesting to compare views!
This post is not financial advice
BTC Next MovementThis is my vision for BTC.
Let's have a look at the following chart made up of eight waves (five heading up and three trending downward) labeled 1, 2, 3, 4, 5, A, B, and C.
Waves one, two, three, four, and five form an impulse, and waves A, B, and C form a correction. The five-wave impulse, in turn, forms wave one at the next-largest degree, and the three-wave correction forms wave two at the next-largest degree.
The corrective wave normally has three distinct price movements—two in the direction of the main correction (A and C) and one against it (B). In the figure above, waves two and four are corrections.
BTCUSDT shortBTCUSDT has notably deviated from the 4-hour EMA50 — by as much as 2.8%, which is a significant move for this asset.
Additionally, the daily EMA50 is acting as strong resistance, holding the price down.
I expect a pullback within the next couple of days — key levels are marked on the chart.
Want to track such deviations automatically? Send me a DM — I’ll grant you access to the indicator.
#BTC in the resistance zone, beware of pullbacks📊#BTC in the resistance zone, beware of pullbacks📉
🧠From a structural perspective, we are currently in the blue resistance zone at the daily level, so we need to pay attention to the risk of a pullback if we cannot break through this area.
➡️The upward trend support line was broken, so it turned into a resistance line. The price reacted well when it touched this resistance line, so we need to pay attention to the suppression of this resistance line.
➡️The downward trend line at the daily level was broken, which means that the adjustment at the daily level may be over, so if there is a good pullback, then we need to look for opportunities for long trades. The support area worth our attention is 80000-81188.
⚠️Note that if the closing price at the 4h level is below 80000, then the market may go bad and we may enter a deeper adjustment.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BITGET:BTCUSDT.P
Bitcoin: Normal Bullish vs Super Bullish +Altcoins Market UpdateBitcoin is bullish right now but not super-bullish. What needs to happen for Bitcoin to turn super-bullish is the question that I am getting through email from my most ardent followers. Why this question?
Some people don't like to take much risk. They are ok with some risk but not big risk. Buying early can produce great profits if things turn out ok, but it can also produce huge losses if the market makes a surprise rejection and turns the other way.
People like us like to catch the bottom but this comes with the risk of getting whipsaw. There can be several drops at the lows before a bearish wave ends. Without the proper risk management, position management, trying to catch the bottom can result in loses. Easy to see and understand.
Bitcoin is normal bullish above $80,000. Bitcoin is strongly bullish above $85,000.
This is still a great buy because Bitcoin is trading below $90,000. Anything below $100,000 is great for the long-term. Now, for Bitcoin to turn super-bullish we need a break and close above $88,700 on the daily timeframe. Give or take two days above this level to add strength. A stronger confirmation comes with the weekly close. If you want Bitcoin super-bullish, get it when the $88,000 resistance is gone.
To me, Bitcoin is already bullish confirmed. The correction is over and has been over for an entire week. This is only the start. Slow and steady growth. Bullish momentum will grow. Maximum speed will start in May 2025, late, and then up, up and up. It will be a long ride and it is likely to extend.
» Altcoins Market Update
The Altcoins market is great right now. Some pairs are finally starting to break bullish and moving above resistance. Support has been confirmed for weeks and in some cases for months. But there was been some sideways on the low but now bullish action is starting to show up. This is just the start. In a matter of days, some pairs will be growing between 30-80% in a single day. Once these move, they tend to retrace a little bit before additional growth. Do not try to catch those, it is a futile effort. Look now for the ones trading low with good signals and charts then buy and hold. You will do great.
Right now a diversification strategy can work wonders because there just too many pairs. The market will take a long time to grow. The market will take a while to unravel.
In the past, long gone past, 2016 and so on, the market would alternate between pairs every few months. As the market grew, the period between each bullish wave continued to extend, while in the past we would see strong action every few months, now it happens only once or twice per year. As the market grows, it takes longer and longer for money to move around and reach every sector. This bull market will be long.
It is likely that this bull market will extend because of so many pairs. There is not enough time to lift everything up in just 6 months. This is good news, it would be better to have a 2-3 years strong-long bull market rather than 6 months. The longer it last, the more time we have to adapt, learn and grow.
Since it is inevitable to make mistakes, the longer the bull market lasts, the more chances we will have to apply everything that we learn live every day. It will be great.
It is confirmed, everything will grow. By everything I mean the biggest portion of the market, choose wisely because a pair can start growing tomorrow while another one can start growing within 5-6 months. Both go up, but one do so in early 2025 while another one can grow in late 2025. Which one are you holding? Diversification right now is a strong move across the Altcoins. When Bitcoin grows 20%, some Altcoins will grow by 300%. Strong projects can grow between 80-150%.
There are many ways to approach the market. Do what works for you. I am wishing you success.
Thank you for reading.
Consider hitting boost and leaving a comment if you enjoy the content.
Namaste.
Bitcoin’s 80-Day Correction Ending!?(Signs)Today, I want to share with you a mid-term analysis of Bitcoin( BINANCE:BTCUSDT ), I hope it will be useful for you.
Please stay with me.
Bitcoin started to fall last week due to the tariffs that Donald Trump imposed on countries around the world. In general, since last week, Bitcoin has become more correlated with US stock market indices (such as FOREXCOM:SPX500 ) than before.
But yesterday, Donald Trump postponed the implementation of tariffs for 90 days , except for China , which caused the US stock market indices to grow rapidly, and Bitcoin did not miss out on this growth. So, for the next 90 days , we should wait for news of bilateral tariffs between China and the US , which is likely to make an agreement between the two countries. What do you think!?
Also, just minutes ago, key U.S. inflation data was released — and it came in softer than expected.
The CPI m/m dropped to -0.1%, and Core CPI m/m slowed to 0.1% , both missing forecasts. This drop in inflation significantly reduces immediate pressure on the Fed to maintain a hawkish stance . With inflation cooling off, the market is now pricing in a more dovish Fed , which has historically been a bullish catalyst for Bitcoin .
Also, in the last 24 hours , another positive news came for Bitcoin: " China and Russia are using Bitcoin to settle energy trades ," which could be effective in increasing the price of Bitcoin .
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Now, based on the above explanation, let's focus on analyzing the Bitcoin chart on the 12-hour time frame .
Bitcoin started to rise quickly after touching the Heavy Support zone($73,780-$59,000) , Potential Reversal Zone(PRZ) , and 50_SMA(Weekly) . It seems that the Important Uptrend line breakout has NOT been successfully completed. One sign of a return could be the formation of a Morningstar Candlestick Pattern , which has also been accompanied by good volume .
Bitcoin has been moving in a descending channel for the past 80 days since its All-Time High(ATH=$109,588) , so a break of the upper line of this descending channel could be a significant sign of a rebound for Bitcoin .
Bitcoin is trying to break the Resistance zone($84,000-$81,130) . The price that is important for Bitcoin right now is $84,000 ; if Bitcoin can close a candle on the 4-hour time frame above the Resistance zone($84,000-$81,130) and $84,000 , we can hope for a breakout of the descending channel.
In terms of the Elliott Wave theory , Bitcoin appears to have been in a Double Three Correction(WXY) for the past 80 days. A break of the descending channel could reconfirm the end of this correction.
I expect Bitcoin to fill the CME Gap($85,940-$85,240) after breaking the Resistance zone($84,000-$81,130) in the first step and make the first attack on 50_SMA(Daily) . If the descending channel breaks, the second target could be around $88,000 , where there is an important Cumulative Short Liquidation Leverage($89,319-$88,375) .
Also, if Bitcoin moves in a range between $90,000 and $85,000 , we can expect an Altseason , given the conditions of BTC.D% ( CRYPTOCAP:BTC.D ). What do you think?
Note: If Bitcoin falls below $77,200, we should expect further declines.
Note: If Bitcoin can break the Heavy Resistance zone($95,000-$88,500), we should expect a new All-Time High(ATH).
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 12-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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