Bitcoin Is About To SkyrocketHello, Skyrexians!
It looks like BINANCE:BTCUSDT has finally finished its correction. On the daily time frame we have the confirmation, now we are waiting for weekly close to make sure. With our prediction next wave to the upside is going to be the altcoin season wave, a lot of negative around the Trump's tariffs also confirms that.
Let's take a look at the weekly chart and remember our global forecast. The wave which has been finished in March 2024 was just a wave 1. Now price is printing wave 3. Notice that the minimal target for the wave 3 has been completed. This is the Fibonacci 1 level. Even if wave 3 has been already finished we will see higher high in the wave 5. But the main scenario is that this wave will be finished at 1.61 Fibonacci level, approximately at $140k. Anyway we will see which scenario market choose when Bitcoin will breaks $110k. Now we want to see the confirmation on the weekly by the green dot on Bullish/Bearish Reversal Bar Indicator .
Best regards,
Skyrexio Team
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BTCUST trade ideas
Top Altcoins Choice —Your Pick (Pre-2025 Bull-Market)Conditions are slightly different now because Bitcoin just closed last week below 80K, but this does not change the bigger picture or long-term perspective, that is, Bitcoin is growing next.
This is Bitcoin on the weekly timeframe, notice how its price trades safely above EMA55. Also notice how this level worked as support in 2023, launching the 2024 bullish phase, and also in late 2024, producing the final advance to ~110,000 before the present corrective cycle:
A correction is good because it opens the doors for new, great entry prices.
A correction is good, because after a correction, the market always grows. The market fluctuates between down and up. It doesn't matter how long it takes nor how hard the market shakes, it is cyclical in nature and this gives us the necessary strength to buy and hold long-term.
Back to the weekly timeframe. Bitcoin is also trading above SMA200 which sits around $45,000. The current drop is quite steep and it forms a falling wedge pattern. This wedge pattern is a bullish development and tends to lead to a reversal once the action reaches the apex of the channel.
Let's consider the daily timeframe:
Bitcoin just produced a new low and the lowest price since early November 2024. It is also the first time ever that Bitcoin closes weekly below 80K, a break of strong support.
The current low hit very close to the high hit in March 2024. Bitcoin hit a low of $74,500 today while the 2024 March peak price sits around $73,800, this is the strongest support zone due to it being a long-term All-Time High.
A great piece of news and something that confirms the market is about to turn is the trading volume. Notice the volume dynamics as Bitcoin moves lower and lower. This can indicate that the bears are losing strength. We are seeing new lows but each new low with decreasing volume. This means that a reversal will happen next. Bitcoin will grow in 2025, make no mistake.
To close this chapter and move to the Altcoins, consider the RSI; strong bullish divergence. Divergences tend to happen when the trend is about to change.
Namaste.
Top Altcoins Choice —Your Pick
Let's start the much awaited Pick Your Altcoin session. I will do a full chart analysis just for you. You make a choice, your top choice, and I will publish in my profile; you need to follow.
Instructions:
1) Pick any Cryptocurrency pair you like and leave a comment with the ticker. There is one condition though, the project/trading pair must be available on TradingView for me to be able to do the analysis. The chart also needs to have at least 6 months of data.
2) If you see a comment that has a pair that you like, make sure to boost it. The comments with the most boosts will get published first.
3) Maximum 3 pairs (Altcoins/projects) per person. Maximum 700 total chart analysis. Once we do 700 charts, I will not take anymore requests.
4) I will publish in my profile up to 10 charts daily. This is the posting limit. Once the limit is reached, I will start answering in the comments section. Once the comments limit is reached, we can continue the next day.
If the pair looks really good and has great potential for the 2025 bull-market, I can save it to publish in my profile. I will take my time to try and produce a high quality analysis. Your support is highly appreciated.
5) If you share a few details about yourself, your trading journey, your strategy, what you would like to see on the analysis or anything related to finance and Cryptocurrency, I can better connect with your mind and produce a more personalized analysis.
Bitcoin will recover and grow. This is easy.
The Altcoins will also grow.
2nd-May 2025 is a great date.
The accumulation phase continues. The time to buy is when the market is red.
Buy and hold —focus on the long-term.
Thank you for reading.
You deserve the best!
Namaste.
BTC - Good Signal/TA hours ago I had the setup (as picture below) and i was expecting more than 2-3% Short trade.
Very nice small reaction on POC line. 👌 🎯
The short gave us 1.9 % .
THEN:
Trumps announced news : crypto prices pump as Trump pauses tariffs for 90 days.
This ruined our trade to go lower.
BUT:
as i saw that volume is breaking out of grey triangle (green arrow), i closed the Short on break even. Volume broke out before price broke above blue TL.
Happy to get small profit AND break even, despite sudden news.
Original Signal/Ta:
NOW:
Volume has still very clear bearish divergences in multiple time frames.
CVD, Delta and footprint shows, that shorts are opening.
A SHORT right here on orange TL is reasonable.
Here a higher TF of BTC and orange TL:https://www.tradingview.com/x/XTq5sDC4/
Follow for more ideas/Signals. 💲
Look at my other ideas 😉
Just donate some of your profit to Animal rights and rescue or other charity :)✌️
Check support near the M-Signal indicator on the 1D chart
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(BTCUSDT 1M chart)
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(1W chart)
Indicators indicating lows on the 1M chart and 1W chart, i.e. BW(0), DOM(-60) indicators, are not created.
Therefore, caution is required when trading as it can fall at any time.
This movement is likely to occur until the trend line corresponding to the trend line (1) on the 1M chart is created as a solid line.
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(1D chart)
There are several trend lines drawn, but the important thing to consider is whether there is support near the section marked with a circle.
Among them, the section that must be broken to create a trend is 89294.25 and 73499.86.
Therefore, the key is whether the price can be maintained near the M-Signal indicator on the 1D chart and rise above 89294.25.
Therefore, the next volatility period is from around April 14th to 17th, and we need to check whether the price can be maintained above the M-Signal indicator on the 1W chart.
If it fails to rise, there is a possibility of falling again to around 78595.86 and 73499.86.
The important thing to consider is whether there is support near the M-Signal indicator on the 1D chart.
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(30m chart)
The following applies to all time frame charts.
Trading strategies can be created based on whether there is support near the HA-Low and HA-High indicators.
Here, we refer to the movements of the Trend Cloud and StochRSI indicators.
Currently, the HA-High indicator has risen above it and the Trend Cloud indicator is thick, so it can be interpreted that the upward trend is likely to continue.
However, since the StochRSI indicator has fallen in the overbought zone, the upward trend may be limited.
Therefore, it can be interpreted that the support near the M-Signal indicator on the 1D chart is important.
If it continues to rise further, it is expected to touch the M-Signal indicator on the 1W chart.
If it rises or moves sideways, the Trend Cloud indicator will eventually become thinner.
If the Trend Cloud indicator shows resistance while being thin, the possibility of a decline increases, so at that time, you should refer to the various indicators that are generated and respond according to whether there is support near those indicators.
-
If you predict the movement in advance and proceed with the transaction, you may be subject to psychological pressure and may proceed with the wrong transaction, so you should always be careful.
In the HA-Low ~ HA-High indicator section, a trading strategy in the sideways or box section is required.
If it falls below the HA-Low indicator or rises above the HA-High indicator, a trading strategy in the trend is required.
The current example chart is a 30m chart, so this chart requires a trading strategy in the trend.
Therefore, if it shows support above the HA-High indicator, you can create a trading strategy and proceed with the transaction.
Since it is currently located near the M-Signal indicator of the 1D chart, whether there is support near this area is the first trading strategy period.
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For reference, HA-Low, HA-High indicators are indicators created to create trading strategies, and M-Signal indicators on 1M, 1W, and 1D charts are indicators created to identify trends.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Here is an explanation of the big picture.
I used TradingView's INDEX chart to check the entire range of BTC.
I rewrote the previous chart to update it while touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10).
(Previous BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
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(Current BTCUSD 12M chart)
Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15).
It is expected that it will not fall again below the Fibonacci ratio of 0.618 (44234.54).
(BTCUSDT 12M chart)
Based on the BTCUSDT chart, I think it is around 42283.58.
-
I will explain it again with the BTCUSD chart.
The Fibonacci ratio ranges marked in the green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges.
In other words, it seems likely that they will act as volume profile ranges.
Therefore, in order to break through these ranges upward, I think the point to watch is whether they can receive support and rise near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).
Therefore, the maximum rising range in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) range.
In order to do that, we need to see if it is supported and rises near 2.618 (134018.28).
If it falls after the bull market in 2025, we don't know how far it will fall, but based on the previous decline, we expect it to fall by about -60% to -70%.
Therefore, if it starts to fall near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54).
I will explain more details when the bear market starts.
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BTC - Key support retest and potential short squeeze in play!Over the last several trading sessions, Bitcoin (BTC) has experienced a notable pullback, retracing nearly 10% from its recent highs. This correction brought the price down below the previously established support level at $76.7K, a critical area that had previously acted as a base during prior consolidations. At first glance, this breakdown appeared to signal a potential shift in market structure, potentially opening the door to deeper downside movement. However, price action suggests there may be more nuance to this move.
Despite the intraday dip below $76.7K, Bitcoin managed to recover into the close, with the daily candle finishing with its body above the prior wick at that level. This forms what’s known as a Swing Failure Pattern (SFP), a bullish reversal signal that occurs when price breaks below a key low (or above a key high) only to reclaim it by the candle close. This type of setup often traps breakout traders on the wrong side of the move and can lead to a sharp reversal as positions unwind.
Today’s price action adds further interest to this setup. Bitcoin dipped again to retest the $76.7K level, which not only lines up with the previous wick low but also coincides with the golden pocket of the Fibonacci retracement zone, typically measured from the recent local low to the high of the previous move. This 0.618–0.65 Fibonacci range is often viewed as a high-probability area for reversals or continuation moves, particularly in trending markets.
The confluence between the golden pocket and the psychological $76.7K level strengthens the idea that this zone could serve as a reliable support in the short term. If BTC can continue to hold above this area, we may be witnessing the formation of a local bottom, which could lead to a relief rally or short squeeze in the coming days.
SFP :
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$BTC consequences of the Trump 90 days tariff pauseCan It Last? Is This a Trend Reversal?
Today, #Bitcoin surged over +8%, but surprisingly, #Tesla outperformed with a massive +20%—almost as much as $FARTCOIN! 🤯
History is being written, and we’ll remember this day… but is this truly the end of the consolidation phase?
What to Watch:
📈 Price Action: Bitcoin must break above the descending trendline (in green) and close a daily candle above it to flip resistance into support. The price to watch is $84.5k. Closing under 80k would invalidate this pump.
📊 RSI: Currently in mid-range—could swing either way.
🔁 MACD: Was turning bearish. We need a clear bullish crossover to confirm a trend continuation.
Conclusion:
With all the recent global tensions, many investors are feeling a sense of relief, especially as the trade war appears paused until September. This gives markets some breathing room to recover.
However, it’s not all clear skies yet:
Bitcoin is still stuck inside the descending bearish channel.
The recession risk hasn't gone away.
Trump may have been pressured to offer good news to avoid a full-blown market crash.
🕵️♂️ Let’s see how the weekly candle closes after this sharp move to the upside.
62.4KBreakout Stop/Losses will be here. People would have put that under the daily. There is also an imbalance.
People are expecting 65k and 60k, so somewhere in the middle is good.
However 60.4k is still good too.
I think alts have gone too low for an alt season Rally. It would be too obvious.
Markdown is in play.
Volume is poor.
BTC bottom is inthere is high possibility that btc bottom is in.
- retest 50 MA weekly that has become support for this bull cycle.
- trump paused 90 days tariff and imposed equal 10% except china.
- CME watchtool on rate cuts possibility increase to be 4x this year starting from june even may if possible.
- Trueflation is getting lower.
- IDK what other FUD is still hanging here except the Trump war with China.
Bitcoin Eyes $81,500 Resistance Following Trump's Tariff Pause. 🚨 **Market Update** 🚨
President Donald Trump has announced a 90-day pause on the full effect of new tariffs for certain countries, and the markets are reacting strongly! 📈 Both the stock and crypto markets are surging as a result.
Right now, **Bitcoin** is testing the $81,500 resistance level on the 1-hour timeframe. 💥 Our trading strategy: let it break the resistance and sustain above it, then look for a solid entry on the pullback.
Stay tuned and trade wisely! 🚀💰
BTC UPDATE: Flash Crash? Or Bullish Retest?🚀 Hey Traders! 👋
If you’re enjoying this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥
📉 BTC just dropped nearly $10K in a single day, sliding from $84K to $74K amidst growing tariff tensions and broader market turmoil.
But here’s the bullish twist—this dump might just be a healthy retest.
BTC recently broke out of a strong inverse head & shoulders pattern, and what we’re seeing now looks like a classic neckline retest.
📌 Key Support: $72K
As long as BTC holds above this level, there’s no reason to panic. Once the dust settles from this bloody Monday, momentum could shift back to the upside.
🟢 This could be a golden accumulation zone—low risk, high potential reward.
❌ Invalidation Level: Weekly close below $72K
💬 What’s Your Take?
Will BTC bounce from this level, or is there more downside ahead? Drop your analysis and predictions below—let’s navigate this together and secure those gains! 💰🔥🚀
BTC Bullish Setup Incoming? Watch This Key Level!15-Minute Timeframe Analysis
Hey Traders!
#Bitcoin has just formed a potential harmonic pattern on the 15-min chart, signaling the early stages of a bullish setup.
What we're seeing:
Harmonic pattern completion
Possible Bullish Divergence building up
Price approaching a strong resistance level
Plan of Action:
We’re watching closely for a clear breakout above the resistance—that’s our confirmation signal for a bullish trend continuation. Once confirmed, we’ll be looking to enter a long position with strict risk management in place.
Pro Tip: Patience pays! Wait for confirmation to avoid false breakouts.
What do you think? Will #BTC break resistance or get rejected? Drop your thoughts in the comments!
Follow me for more real-time trade ideas, technical setups, and risk-managed strategies!
#Bitcoin #BTCUSD #Crypto #TechnicalAnalysis #HarmonicPattern #BullishDivergence #PriceAction #BreakoutStrategy #CryptoTrading #RiskManagement #TradingView
BTC/USDT Pessimistic scenario 17th of march, 2025.If BTC/USDT rises from the current $82,500 level to the $90,000 zone but fails to hold it, it would indicate a bull trap . Such a scenario could trigger continuation of selling pressure, leading to a fast and sharp rejection.
After losing the $90,000 resistance, BTC would likely revisit the $82,500 support zone. If this level breaks, it could accelerate the decline towards the next major support at $76,000. Failure to stabilize here would open the door for a deeper correction to the $70,000 area, where stronger demand could potentially be found.
🚨 Key Signals for Breakdown:
High Volume Rejection at the $90,000 zone.
Bearish Divergence on higher timeframes.
Lack of continuation after the initial breakout, indicating weak buying interest and selling pressure.
⚠️ Risk Management Tips:
Tight stops on long positions near $90,000.
Consider stepping into shorts if rejection patterns appear. With stopl losses!
This is pessimistic scenario and hopefully, we wont see it happening!
BTC ANALYSIS📊 #BTC Analysis
✅There is a formation of Falling Wedge Pattern on 12 hr chart and currently trading around its major support zone🧐
Pattern signals potential bullish movement incoming after a breakout
👀Current Price: $78,150
🚀 Target Price: $84,900
⚡️What to do ?
👀Keep an eye on #BTC price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#BTC #Cryptocurrency #TechnicalAnalysis #DYOR
Bitcoin Overall: Continuing to STRONG support nearbyBitcoin is likely to continue lower off of the current range to strong support just below the current area. If price does happen to get above the current range--which is possible due to hitting a type of polarity on the bottom, the next resistance indicated should be the immediate target.
It should be noted that upon hitting the very strong support, a significant bounce should occur, if not the bottom of this decline.
Also, if the current resistance is surpassed, the bottom may also be in, since the weak resistance above may not hold price for long.
BTC | BEARISH Cycle Begins | $71KThere are a few tell signs that BTC has entered the bearish market.
If the price fails to maintain closing daily candles ABOVE the 70k area, there is a likelihood for a nasty Head and Shoulders pattern to form.
A key point to watch are the Bollinger Bands, which gives you an indication of the next possible zone to watch.
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BINANCE:BTCUSDT
BTC/USDT Analysis – Setup for a RangeYesterday, while we were trading within the $78,000–$80,000 zone, no significant market buying appeared, so the price moved to test the local low. The $74,500 level wasn't swept, and we saw strong absorption of market selling, which led to a rebound.
Currently, price is caught between a volume zone and an area of buyer activity, and the signs suggest a developing sideways range.
In the coming days, we expect a full test of the local low. A false breakout of this level could offer interesting long opportunities, though we also can't rule out a full breakdown and a move toward the next buyer zone.
Sell Zones:
$78,000–$80,000 (volume zone)
$82,000–$83,900 (volume zone)
$85,600–$88,000 (absorption of buyer aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zone:
$69,000–$60,600 (accumulated volumes)