Bitcoin Rejected Near $120K – Bears Wake Up!First of all, I have to say that Bitcoin’s movements over the last 12 days have been a bit difficult to trade , generally, the hardest market to make a profit in is the range market with a swing movement .
Bitcoin( BINANCE:BTCUSDT ) is currently trading near the Resistance zone($121,000-$119,500) , Cumulative Short Liquidation Leverage($121,336-$120,000) , and the upper line of the descending channel .
Since Bitcoin has lost support lines , we can consider this increase in Bitcoin over the last two days as a pullback to the support lines(broken) . Do you agree with me!?
In terms of Elliott Wave theory , it appears that Bitcoin is still completing the main wave B. The main wave B is a Regular Flat(ABC/3-3-5) . The structure of the microwave B of the main wave B was a Double Three Correction(WXY) .
Additionally, the SPX 500 index ( SP:SPX ), which Bitcoin is correlated with , is poised for a correction in my opinion, which could also impact Bitcoin .
Also, unlike previous Mondays, MicroStrategy has NOT purchased Bitcoin , and the company currently holds 607,770 BTC .
Old Bitcoin wallets also seem to be waking up to the fact that they can create movements in the crypto market . " In recent days, 471,867.8 BTC worth $56.39 million have been transferred from old wallets from 2012 to 2017 . ".
I expect Bitcoin to decline to at least the Support zone($116,900-$115,730) and fill the CME Gaps in the coming hours .
New CME Gap: $119,500-$118,295
CME Gap: $115,060-$114,947
Cumulative Long Liquidation Leverage: $117,401-$116,615
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
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BTCUSDT trade ideas
Bitcoin Trend Analaysis UP or DOWN?!Price capped in a wedge in Daily time frame.
There was a fake break from the bottom of this wedge last week and sharply got back to the top of it!
Now : break and confirm above 120 K in Daily would make the market BULLISH
break and confirm under 116.5 K in Daily would make the market BEARISH.
other wise market is still in a range mode...
BTCUSDT | Bitcoin needs liquidity to be able to go up more🚀 Trade Setup Details:
🕯 #BTC/USDT 🔽 Sell | Short 🔽
⌛️ TimeFrame: 1H
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🛡 Risk Management:
🛡 If Your Account Balance: $1000
🛡 If Your Loss-Limit: 1%
🛡 Then Your Signal Margin: $1204.82
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☄️ En1: 118829.28 (Amount: $120.48)
☄️ En2: 119162.54 (Amount: $421.69)
☄️ En3: 119400.34 (Amount: $542.17)
☄️ En4: 119638.61 (Amount: $120.48)
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☄️ If All Entries Are Activated, Then:
☄️ Average.En: 119283.83 ($1204.82)
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☑️ TP1: 118025.43 (+1.05%) (RR:1.27)
☑️ TP2: 117427.5 (+1.56%) (RR:1.88)
☑️ TP3: 116671.89 (+2.19%) (RR:2.64)
☑️ TP4: 115717.73 (+2.99%) (RR:3.6)
☑️ TP5: 114673.35 (+3.87%) (RR:4.66)
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❌ SL: 120276.34 (-0.83%) (-$10)
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💯 Maximum.Lev: 66X
⌛️ Trading Type: Swing Trading
‼️ Signal Risk: ⚠️ High-Risk! ⚠️
🔎 Technical Analysis Breakdown:
This technical analysis is based on Price Action, Elliott waves, SMC (Smart Money Concepts), and ICT (Inner Circle Trader) concepts. All entry points, Target Points, and Stop Losses are calculated using professional mathematical formulas. As a result, you can have an optimal trade setup based on great risk management.
⚠️ Disclaimer:
Trading involves significant risk, and past performance does not guarantee future results. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your research and trade responsibly.
💡 Stay Updated:
Like this technical analysis? Follow me for more in-depth insights, technical setups, and market updates. Let's trade smarter together!
BTC defies expectations –Absorbs 9 billion USD, aiming for 130K?BTCUSDT maintains its bullish momentum despite Galaxy Digital offloading 80,000 BTC (worth ~9 billion USD). Price only saw a slight dip before bouncing back quickly, signaling strong demand and a more mature market sentiment.
Citi analysts point to ETF inflows and retail participation as the primary drivers of BTC’s rally, even as investors remain cautious ahead of the Fed’s rate decision.
On the daily chart, BTC continues to trade within an ascending channel, with the 116,200 zone acting as a potential buy area on any pullback. The next target is set at 129,500 USDT, aligning with the channel’s upper boundary and technical resistance.
Suggested strategy: Look to buy near 116,200–117,000. Target 129,500. Stop-loss below 115,000.
daily #bitcoin analysisBitcoin is fluctuating between the two price areas of $115,000 and $120,000 and I don't think it will trend either up or down anytime soon. Unless it breaks the two mentioned areas from above or below. As we can see, the new RSI indicator also shows a sideways trend. This analysis is not a financial recommendation in any way.
BTC : The future of Bitcoin...Hello friends🙌
👀According to the price history, the price has always been bullish and is in a long-term bullish channel.
📈Now that the price is struggling in the middle of the channel and is gathering strength for a big move, which is expected to break the middle of the channel in the form of a resistance or middle channel, the price will move to the ceiling of the channel.
⚠Don't forget risk and capital management.
🔥Follow us for more signals🔥
*Trade safely with us*
BTC:LIVE TRADEHello friends🙌
📉Given the decline we had, we now had a good price rebound in the specified support area, which shows the power of buyers. Now, with capital and risk management, we can buy at the specified points in a stepwise manner and move to the specified targets.
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BTC/USDT Analysis: Testing Strong Support
Hello everyone! This is the daily analysis from CryptoRobotics' trader-analyst.
Yesterday, we tested the local support zones previously marked and moved into a decline. At 21:00 (GMT+3), the U.S. Federal Reserve released its monetary policy statement, which included hawkish comments regarding inflation risks. The interest rate remained unchanged. The market reacted negatively to this news, and Bitcoin accelerated its drop.
At one point, a key buyer zone at $116,200–$115,000 (volume anomalies) was tested. Then, between 21:30 and 22:00 (GMT+3), a report from the White House on digital assets was released, shifting focus toward a more positive regulatory outlook. Bitcoin bounced from the mentioned zone and has since fully recovered the drop.
Currently, there are no immediate resistance levels, so in the near term, we’re likely to see a test of the ~$120,000 level. There, it's important to watch for any signs of selling pressure.
Buy Zones:
• $116,200–$115,000 (volume anomalies)
• $110,000–$107,000 (accumulated volume)
This publication does not constitute financial advice.
Bitcoin (BTC): Failed Dump | Buyers Still in Control Bitcoin recently had another wave of selling, where buyers once again showed their dominance near the local $116K zone and pushed the price of BTC back up.
We remain bullish, as we see the buyside dominance above the 116K area, so our target is still the current ATH; let's see.
Swallow Academy
3 Bitcoin Tops, Weak Green Candles, and What’s Next? If you're closely monitoring the Bitcoin (BTC) market, patterns often begin to reveal themselves in surprising ways. In the attached chart, I’ve highlighted three major local tops that Bitcoin has made, each marked by a weak green daily candle. What’s even more striking is what comes next: a dramatic increase in trading volume, followed by steep corrections.
Spotting the Pattern: Weak Green, Heavy Volume
At each pointed top (see red arrows), BTC formed an all-time high (ATH) with a relatively weak green candle, hardly the sign of euphoric buying strength.
Look closely at the volume bars below (blue arrows). Each time, as price struggled to push higher, volume surged after the top, often a signal of major sellers stepping in or longs closing en masse.
What followed? Significant corrections: -13.6%, -29.2%, and, now it might be shaping up for another potential drop (-24.1%) if history rhymes.
Why Does This Matter?
From a technical analysis perspective, volume is the fuel behind price moves. When a new high is reached with limp buying (weak green candles) but is swiftly met with rising volume on the way down, it’s a classic sign of distribution, a strong hand selling into retail euphoria.
Is Another Drop Coming?
Given the consistency in behavior, it’s not unreasonable to ask: are we about to witness another similar correction now that BTC has again hit a top with a weak green candle and volume is ticking up? The historical evidence certainly makes it plausible.
Long-Term Perspective: Still Bullish
Despite these corrections, my long-term outlook remains bullish. Every cycle has corrections, they’re opportunities for healthy consolidation, allowing strong hands to accumulate and the market to reset for its next leg higher.
*not investment advice
#crypto #btc #bitcoin #finance #trading
#BTC Update #12 – July 31, 2025#BTC Update #12 – July 31, 2025
Bitcoin is currently at the upper boundary of the channel it has been following. It may experience a pullback from this upper boundary. This pullback is estimated to reach the $116,800 level. If it wants to go lower, it could drop as far as the $114,500 level.
There is a significant amount of liquidity between $121,000 and $117,000. Bitcoin may also try to sweep this area. However, despite 4 or 5 attempts, it still hasn’t managed to break above the upper resistance zone. Therefore, a pullback should always be taken into account.
Overall, Bitcoin is still in a correction within a correction. That means no impulsive move has occurred yet. It’s not at a suitable point for either long or short positions. You may choose to trade within this range, but keep in mind that it's quite risky.
BTCUSDT – Diametric G-Leg Underway?⏱ Timeframe: 4H / 1H
🔍 Method: NeoWave + Smart Money Concepts (SMC)
📍Posted by: CryptoPilot
⸻
🧠 NeoWave Progression Update
As outlined in our previous analysis, we are tracking a potential Contracting Diametric structure (A–G) originating from the March 2025 highs.
🚨 The G-Leg may now be actively unfolding.
Here’s what just happened:
• Price rejected sharply from the supply zone near 119,000–119,500, exactly where Wave F was expected to end.
• After a drop to 115,780 (minor trendline), price bounced, but failed to make a new high, stalling at 118,700, forming a lower high → classic signature of a developing G-Leg.
• This G-wave likely aims to break below Wave E low, seeking imbalance fills and structural resets.
⸻
📊 Smart Money Confluence (SMC / ICT)
• 🟥 Bearish Market Structure confirmed via MSS on 1H: Lower Highs + Internal BOS
• 🟨 Buy-side Liquidity above 120k was already swept
• 🔻 Price failed to reclaim OB block around 119.5k
• 🧩 FVGs remain open between 114.5k–113k, acting as magnet zones
• 📉 Expectation: Price may now break the ascending minor trendline and accelerate toward the major structure low
📌 Primary Scenario:
• Wave G of Diametric in motion
• Potential structure: Zigzag or Complex Combination
• Expectation: Bearish continuation to break below 113k
📌 Alternative Scenario:
• If price closes above 120.5k, diametric structure may be invalidated
• Watch for triangle/flat development instead
⸻
⚠️ Risk Management Note:
Price action near 118.7k–119.5k is crucial. Reclaiming that zone with strength changes the bias. Until then, sellers remain in control.
💬 Final Thought:
We’re tracking the final stages of a multi-month complex correction. The rejection at supply, combined with SMC signals and NeoWave symmetry, suggests sellers may push price into deeper demand zones soon.
⸻
📌 Follow CryptoPilot for advanced wave structure updates, market geometry insights, and ICT-style smart money traps.
💬 Share your views or alternate wave counts in the comments!
Bullish Flag Forming on BTCUSDT – Is the Next Big Move Coming?🧠 Complete and Insightful Technical Analysis:
The 12H BTCUSDT chart is currently showcasing a textbook Bullish Flag pattern, a powerful continuation structure that often precedes major upward moves.
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🏗️ Pattern Breakdown: Bullish Flag
1. Flagpole:
The sharp breakout from around $107,000 to $123,000 marks the impulsive rally — this is the flagpole, created by strong bullish momentum.
Represents the "lift-off" phase where buyers dominate the market.
2. Flag (Consolidation Phase):
After the strong rally, price consolidates inside a downward-sloping parallel channel, forming the flag.
This pullback is healthy, characterized by declining volume, a key feature of the Bullish Flag.
Indicates temporary profit-taking before continuation.
3. Confirmation:
A breakout above the flag's upper boundary (around $123,000 – $124,000) with strong volume would confirm the pattern.
Breakout traders often use this as a high-probability entry.
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📈 Bullish Scenario (High Probability):
If BTC breaks above the flag structure:
🎯 Measured Move Target (Based on Flagpole Height):
$123,000 + ($123,000 - $107,000) = $139,000
🚀 Potential for further upside if macro conditions and sentiment support the move, possibly reaching $135,000+ in the medium term.
Confirmation Required: A strong candle close above $123,500 with volume spike.
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📉 Bearish Scenario (If Breakdown Occurs):
If BTC breaks down below the flag (~$117,000):
Retracement likely toward previous breakout zones at $112,000 – $109,000
Such a breakdown could turn the current structure into a fakeout or bear trap
However, this zone may present a strong re-entry opportunity for long-term bulls.
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📚 Educational Insight for Traders:
Bullish Flags often appear during strong uptrends, acting as a pause before the next leg up.
A healthy pattern shows shrinking volume during the flag and rising volume at breakout.
Traders should monitor key horizontal resistance and volume behavior for confirmation.
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🧭 Conclusion:
BTCUSDT is at a critical technical juncture. The formation of a clean Bullish Flag suggests the potential for a major continuation rally. Confirmation through a breakout is key — this is the time to prepare, not react.
#BTCUSDT #Bitcoin #BullishFlag #BTCBreakout #CryptoTechnicalAnalysis #CryptoTrading #PriceAction #BTCAnalysis #BitcoinPattern #CryptoEducation #BTCFlag #ContinuationPattern
Bitcoin at a Decisive Moment! Rising Wedge Formed — Breakout?🧠 In-Depth Technical Analysis (BTCUSDT – Weekly Timeframe)
Bitcoin is currently trading within a large Rising Wedge pattern, formed over the long term from late 2022 to mid-2025. This structure is typically a bearish reversal formation, although it can also lead to a breakout in strong bull markets.
The wedge is defined by:
Consistently higher lows on the lower trendline
A gradually rising upper resistance line that currently caps price around $123K–$125K
Decreasing volume, indicating consolidation and energy buildup near the apex
This wedge reflects a period of euphoric price action post-2022 bear market accumulation, with price now testing the top of a historically significant resistance zone.
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📊 Key Price Levels:
🔹 Current Price: ≈ $118,436
🔹 Recent Weekly High: $123,226
🔹 Critical Resistance (Wedge Top): $123,000–$125,000
🔹 Dynamic Support: Rising wedge base (~$90,000–$95,000)
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🐂 Bullish Scenario: “Historic Breakout Incoming”
If BTC successfully breaks above the wedge’s upper resistance and closes a weekly candle above $125K with strong volume, it would signal a confirmed breakout from the long-term wedge structure.
📈 Upside Targets:
🎯 Target 1: $140,000
🎯 Target 2: $155,000+ (based on Fibonacci extension and macro targets)
🚀 A breakout of this magnitude may trigger a new parabolic rally, especially if accompanied by:
Increased institutional adoption
Spot ETF inflows
Favorable macroeconomic shifts (e.g., rate cuts)
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🐻 Bearish Scenario: “False Breakout or Breakdown Risk”
If Bitcoin fails to break out and faces strong rejection from the resistance zone (possibly a false breakout), the rising wedge formation may break down — leading to a steep correction.
📉 A breakdown from this structure often leads to sharp drops due to:
Overextension of the current trend
Distribution phase by smart money
🎯 Downside Targets:
Support 1: $95,000–$90,000
Support 2: $76,000
Major Support: $54,000 (historical demand & EMA zones)
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🔍 Optional Indicators for Chart Confirmation:
Weekly RSI: Watch for bearish divergence
Volume Profile: Can highlight distribution or accumulation zones
EMA 21/50: Ideal for identifying dynamic support levels in retracements
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📌 Conclusion:
Bitcoin is at a crucial inflection point within this multi-year Rising Wedge. A confirmed breakout could lead to new all-time highs, while a breakdown may trigger a broad correction. Traders should prepare for high volatility, wait for clear confirmation signals, and manage risk wisely in this pivotal zone.
#Bitcoin #BTCUSDT #RisingWedge #BTCBreakout #TechnicalAnalysis #CryptoMarket #PriceAction #BearishReversal #CryptoSignal #ChartPattern #BitcoinAnalysis #Cryptocurrency
Bitcoin is getting Ready for 143K$ nowMajor red resistance trendline is now broken also last week the retest is completed now price is range for a while for new week to start and fresh volume and buys that make path easier to reach above 140K$.
Get ready and take a look at important zones at chart and possible scenarios which are all mentioned.
DISCLAIMER: ((trade based on your own decision))
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