BTC: First Bearish Signs of a Deeper CorrectionBTC: First Bearish Signs of a Deeper Correction
All these days, BTC has only been rallying and has a clear bullish structure.
Today we can see a complete transformation showing the first signs of a downward correction.
It is too early to talk about a downtrend.
Yesterday, the pattern transformed from bullish to bearish by falling below 106730, which corresponds to a strong support structure area.
Considering that this area was important, it has a chance to continue to 102000 and maybe even lower to 98000.
It could be a false bearish breakout to the downside, however, as long as it shows this bearish pattern, we should be careful and take this into consideration.
You may find more details in the chart!
Thank you and Good Luck!
โค๏ธPS: Please support with a like or comment if you find this analysis useful for your trading dayโค๏ธ
BTCUST trade ideas
BTCUSDT on daily support, likely to head to 109kWe have the price revisiting the daily support DS1.
This presents a long opportunity for us.
The price is likely to find support in this zone and bounce from here.
The target of this long trade shall be the daily resistance DR1 marked on the chart. This resistance zone DR1 sits around 109k area.
In case the price reaches there, it is likely to experience some pullback there.
We will reevaluate the price action on DR1 once it reaches there and decide about the next steps.
What do you think about BTC price and this trade setup presented? Share it with me in the comments.
Market Analysis Bitcoin (โฟ) Timeframe 4H๐ Market Analysis: Bitcoin (โฟ)
๐ Timeframe: 4H
BTC Market Update โ
We ๐ค Predicted This Correction Before Anyone Else on the Market. Bitcoin Fallen from 109k to 104.6k,
โฟ Bitcoin's recent uptrend has been broken, indicating a potential shift in market structure. ๐
๐จThe next phase will be critical
Market participants ๐ค will be closely watching upcoming price action to determine whether this move signals a deeper correction ๐ผ or simply a temporary pullback๐ฏ
Bitcoin moving downwardsHello dear friends.
According to the chart and the performance that Bitcoin has shown, it seems that we are in a short-term downtrend.
Bitcoin is expected to move to the resistance of 104,700 and then we will have a rebound.
โPlease note that this is an analysis and the possibility of a reversal is possible.
BTCUSDT Hello everyone. Iโve spotted a sell opportunity on BTCUSDT and have already activated the trade. I wanted to share the same setup with you as well.
๐ Trade Details:
โ๏ธ Timeframe: 15-Minute
โ๏ธ Risk-to-Reward Ratio: 1:1 / 1:1.50
โ๏ธ Trade Direction: Sell
โ๏ธ Entry Price: 106155.39
โ๏ธ Take Profit: 105560.48
โ๏ธ Stop Loss: 106550.09
๐ Disclaimer: This is not financial advice. Iโm simply sharing a trade Iโve taken based on my personal trading system, strictly for educational and illustrative purposes.
๐ Interested in a systematic, data-driven trading approach?
๐ก Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
Bitcoin's Breakout Fizzles: Is a Major Reversal in Play...?Bitcoin Technical Analysis โ In-Depth Breakdown
Over the past two months, Bitcoin has exhibited a strong bullish trend, appreciating by approximately 51%. The sustained rally was primarily driven by bullish momentum, increased investor confidence, and broader market sentiment.
Recently, Bitcoin broke through its all-time high (ATH) of 106,500, surging to a new peak near 112,000. However, this breakout was short-lived as the price failed to sustain above this level, indicating significant profit-taking activity by traders and long-term holders. This inability to hold the ATH region highlights a potential liquidity pocket where sell orders accumulate, resulting in a rejection wick and a subsequent reversal.
From a Technical perspective:
The price has now fallen back below 106,500, turning this key level into a major resistance zone. Historically, once a strong resistance level (like an ATH) is breached and subsequently reclaimed, it often acts as a formidable barrier to upward price movement unless thereโs renewed bullish momentum.
Additionally, Bitcoin has broken its ascending trendline (drawn from the lows of the uptrend) and has already retested this trendline from below. The retest was successful in confirming the breakdown, which further strengthens the bearish bias.
The price structure is now forming a potential lower high pattern near the 106,500 resistance. This could signal a shift in market sentiment from bullish continuation to consolidation or correction.
In terms of market psychology, the all-time high region represents a crucial psychological barrier. Traders and investors often exhibit heightened caution near such levels. Many choose to lock in profits due to fear of a double top or a false breakout. This behavior can create increased volatility, especially when combined with institutional and retail order flows.
Trading Strategy and Risk Management
Given the technical breakdown and the psychological factors at play:
โ
A short position can be considered, particularly around the 106,500 resistance, with confirmation from the trendline retest.
โ
However, exercise caution due to the high volatility typically observed near ATH levels. Whipsaws and fakeouts are common as both bulls and bears battle for control.
โ
Avoid high-leverage positions unless you have a strict stop-loss in place. Ideally, place the stop-loss just above the 106,500 - 107,000 zone, where a decisive breakout would invalidate the short setup.
โ
For profit targets, initial supports are seen around 100,000 - 98,000, and a deeper correction could test the 94,000 - 92,000 zone.
โ
Wait for clear confirmation, such as a strong bearish candle on the retest of the resistance, before entering the trade.
BTC , 1D BTC has Break Down in 4Hr and Retest the lower Trendline in 1Hr , SO we think that it will Fall in Future , If BTC is Sustaining below its 1,05,600 then we confirm that it will be Fall Drastically
if BTC is falling then remaining coins , which are giving Breakdown of Patterns they will give Very Good Profit
Risk - 3% and Aim for 20 % .
Follow for More Swing Idea Like this
Bitcoin (BTC/USDT) โ Daily Chart Analysis. Bitcoin (BTC/USDT) โ Daily Chart Analysis
Bitcoin has tested the overhead resistance and is currently retracing towards the $104kโ$105k support area.
Moving Average (MA 25):
The price is slightly above the moving average, indicating that the medium-term trend is still bullish but faces resistance.
Pattern Formation:
There is a clear breakout from the inverted โVโ pattern, and now the price appears to be retesting the breakout zone.
Scenario:
If BTC maintains support at ~$105k and bounces off again, a potential push towards $112kโ$115k can be seen.
If the support fails, a deeper pullback towards $100k or below could occur.
Thanks for your support!
DYOR. NFA
2025.05.30 BITCOIN LONGWe are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assetsโalways guided by structure, sentiment, and momentum.
๐ Follow us to never miss a market update.
At present, the 1.902 Crab pattern has been clearly completed on the chart, and it is therefore a point where entering a long position can be considered. This pattern suggests a strong rebound potential within the PRZ (Potential Reversal Zone), and particularly, the fact that point D in the X-A-B-C-D structure precisely aligns with the 1.902 Fibonacci ratio increases its reliability. This serves as an important signal that indicates the possibility of buying pressure inflow in an oversold zone.
Assuming the validity of this Crab pattern, three major take-profit targets can be established based on Fibonacci extension and Elliott Wave counting.
First Target: 106611
This zone overlaps with the 38.2% Fibonacci retracement level of the previous downward wave, and if a short-term rebound occurs, it is likely to act as the first resistance. It is a price level where partial profit-taking can be considered for the sake of avoiding quick stop-outs and for risk management.
Second Target: 107123
The second target corresponds to the average retracement level that the Crab pattern typically reaches. It also converges with the previous high, where relatively strong selling pressure may appear. Therefore, a strategy of taking profits on approximately 50โ70% of the position is valid.
Third Target: 107600
The final target can be seen as the maximum expected zone of an extended rebound from a structural standpoint. This area may coincide with a momentum zone formed upon breaking the previous high. However, as this is a zone where strong selling pressure can occur, close monitoring and the application of a trailing stop are recommended.
In addition to technical analysis, it is important to confirm the validity of the entry by examining candlestick patterns and volume trends. Especially, the appearance of strong reversal candlesticks and rising volume at point D can further enhance the credibility of the buy signal.
BTC Update on a Daily Timeframe.Hello Traders,
BTC is currently attempting to hold its price above a key resistance level. On the daily timeframe, we can observe a clear breakout and retest, and itโs now showing signs of a rebound.
What we need now is for BTC to hold this level on the daily close to confirm bullish strength.
However, a breakdown below this support could lead to a significant drop in price.
While the sentiment remains optimistic, itโs important to stay aware of all possible scenarios.
Trade safely, and always do your own research and analysis before investing.
Today's BTC trading strategy, I hope it will be helpful to you
From a macro policy perspective, Bitcoin's development is ushering in a potentially favorable environment. Take the United States as an example, discussions around cryptocurrency policies have gradually increased in recent years. Although the direction has not been fully clarified, some positive signals continue to emerge. For instance, certain U.S. legislators have proposed bills to promote the compliant development of the cryptocurrency industry, aiming to establish a clearer regulatory framework for digital currencies like Bitcoin. Once these policies are implemented, they will attract more traditional financial institutions and compliant funds to enter the market. Additionally, globally, more and more countries are researching and exploring the application of digital currencies, and the acceptance of Bitcoin is gradually increasing. This improvement in the policy environment provides a solid foundation for Bitcoin's price increase.
Bitcoin's macro policy environment is transitioning from "unregulated chaos" to "compliance-driven order." The clarification of regulatory frameworks in the U.S. and the advancement of global central bank digital currencies (CBDCs) form a long-term bullish logic. With the current price correction to the key support level of 105,988 USD and technical signs of stabilizing, this presents an ideal window to position for both "policy dividends" and a "technical rebound."
Today's BTC trading strategy, I hope it will be helpful to you
BTCUSDT BUY@105000~106000
SL:103000
TP:108000~109000
BTCUSDT Analysis: Bullish Intent Building on Higher TimeframesTaking a look at BTCUSDT. My analysis points to this current level as a significant support zone, with my overall target being higher.
While the low timeframe (LTF) action hasn't yet shown a strong influx of buyers, the picture on the higher timeframes is quite compelling. The upward movement we're seeing there is displaying solid support, indicating sustained buying interest at a larger scale.
This divergence between the LTF and HTF suggests a potential build-up of bullish momentum. We might see some consolidation or sideways movement on the lower timeframes as buyers accumulate before a more decisive push upwards.
As always, I'm keeping a close eye on the volume footprint. The sustained buying volume on the higher timeframes lends credence to this bullish outlook. I'll be waiting for the low timeframe to catch up, looking for those clear signs of buyer entry โ breakouts above smaller resistances with increasing volume, and successful retests as support. CDV (Cumulative Delta Volume) on both timeframes will also be crucial in confirming this directional bias.
Remember, I focus on coins showing sudden and significant increases in volume, and while the immediate LTF might be quiet, the HTF volume profile is definitely noteworthy here.
My bias for BTCUSDT right now is upwards, given the supportive structure on the higher timeframes. However, as always, I'll be waiting for that low timeframe confirmation before considering any entries. Patience and confirmation are key, even when the higher timeframe picture looks promising. Let's see if the lower timeframes will soon echo the bullish intent we're seeing on the higher ones.
๐I keep my charts clean and simple because I believe clarity leads to better decisions.
๐My approach is built on years of experience and a solid track record. I donโt claim to know it all but Iโm confident in my ability to spot high-probability setups.
๐If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
๐I have a long list of my proven technique below:
๐ฏ ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
๐ถ DOGEUSDT.P: Next Move
๐จ RENDERUSDT.P: Opportunity of the Month
๐ ETHUSDT.P: Where to Retrace
๐ข BNBUSDT.P: Potential Surge
๐ BTC Dominance: Reaction Zone
๐ WAVESUSDT.P: Demand Zone Potential
๐ฃ UNIUSDT.P: Long-Term Trade
๐ต XRPUSDT.P: Entry Zones
๐ LINKUSDT.P: Follow The River
๐ BTCUSDT.P: Two Key Demand Zones
๐ฉ POLUSDT: Bullish Momentum
๐ PENDLEUSDT.P: Where Opportunity Meets Precision
๐ฅ BTCUSDT.P: Liquidation of Highly Leveraged Longs
๐ SOLUSDT.P: SOL's Dip - Your Opportunity
๐ธ 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
๐ ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
๐ค IQUSDT: Smart Plan
โก๏ธ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
๐ผ STMXUSDT: 2 Buying Areas
๐ข TURBOUSDT: Buy Zones and Buyer Presence
๐ ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
๐ IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
๐ USUALUSDT: Buyers Are Active + %70 Profit in Total
๐ FORTHUSDT: Sniper Entry +%26 Reaction
๐ณ QKCUSDT: Sniper Entry +%57 Reaction
๐ BTC.D: Retest of Key Area Highly Likely
๐ XNOUSDT %80 Reaction with a Simple Blue Box!
๐ BELUSDT Amazing %120 Reaction!
๐ Simple Red Box, Extraordinary Results
๐ TIAUSDT | Still No BuyersโMaintaining a Bearish Outlook
๐ OGNUSDT | One of Todayโs Highest Volume Gainers โ +32.44%
๐ TRXUSDT - I Do My Thing Again
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
Bitcoin Weekly, Why $20,000 Is Not Necessary!After closing 7 consecutive weeks green, Bitcoin turned red for the first time. Is this situation bullish or bearish? Will Bitcoin test $20,000 as support before hitting $200,000? Boost & follow to continue reading below.
The fact that Bitcoin found resistance is a non-event. After a very strong rise with 50% growth, it is normal to see a retrace or correction, it is as normal as it gets. Think back to August 2024. Bitcoin crashed and started to recover. The recovery didn't produce one long single up-wave, after some bullish action there was a retrace, this retrace ended in a higher low followed by additional growth. Exactly what I told you would happen if a drop develops. Yes, prices move lower but always end in a higher low. The higher low means that the bullish structure remains intact. An intact bullish structure means that market conditions do not change. This is only negative for those that bought at the top, short-term traders and over-leveraged traders, and those without a plan.
The rest of the market is sound and safe and will continue to profit long-term. Now, how far down will Bitcoin go? Will support be found around $100,000, $90,000, $80,000 or $76,000?
Remember, even if Bitcoin hits $76,000 on a flash crash this is still a higher low compared to $74,500 and thus bullish. We are bullish long-term. So, regardless of the short-term, noise, Bitcoin will continue to grow.
Prepare for the crash.
Buy and hold.
Namaste.
Bearish Bitcoin Confirmed โ$20,000 Is Not Possible, Much Higher!After a lower high, Bitcoin is now on three days red. There is nothing bullish about this chart setup.
Think of it this way: Would you trust me to buy Bitcoin when it was trading below 80K? Now, Bitcoin moves from a low point of $74,500 to a high of $112,000 in less than two months. Isn't it normal for the market to look for some relief, a retrace or correction?
Please, do not be offended by me sharing a simple chart, reading a chart. It is very normal and I always mention that the market never moves straight down, nor straight up. Bitcoin doesn't need to crash, but after a rise of 50%, I wouldn't be surprising to see the development of a higher low.
If you are going crazy right now, maybe you didn't do your homework but it is definitely not my fault. The market moves up and down, up and down... It was going up, now, down we go.
Adapt to market conditions rather than fight.
If you are fighting, then you are not prepared.
If you have to write insults in the comments section, then it means you are not doing your homework.
It is your money. Be smart.
Don't be stupid.
You can do this.
P.S. If you can easily see the market fluctuating and this type of post doesn't create a mental breakdown, then all is good. You are great and you will continue to enjoy huge profits in this 2025 bull market.
Prepare for the crash.
Namaste.
Bitcoin Wave Analysis โ 29 May 2025
- Bitcoin broke daily up channel
- Likely to fall to support level 105000.00
Bitcoin cryptocurrency recently broke the support trendline of the sharp daily up channel from the start of April intersecting with the 50% Fibonacci correction of the upward impulse from the middle of May.
The breakout of this up channel stopped the previous impulse wave 5 of the extended upward impulse wave (3) from April.
Bitcoin cryptocurrency can be expected to fall to the next support level 105,000.00, the breakout of which can lead to further losses toward 102150,00 (low of the previous minor correction 4).