TOTAL MARKET CHART UPDATE !!The chart shows the total cryptocurrency market capitalization trend. It shows a range-bound movement within parallel lines, indicating potential resistance and support levels.
Here are some key points you may find useful:
Current market capitalization: approximately $3.13 trillion.
Resistance and support: The upper and lower lines indicate levels where the price has historically reversed.
Trend analysis: The price seems to be consolidating, which could lead to a breakout or breakdown.
Keep an eye on the market to see if it breaks out of this range!
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DYOR. NFA
#btclong
BTC/USDT 4HOUR CHART UPDATE !!The BTC/USDT chart shows a symmetrical triangle structure, indicating a period of consolidation. The price is around 99,098.28 USDT, and it appears to be approaching the triangle's upper trendline.
The lower trendline suggests a support level near 94,000 USDT.
The upper trendline acts as resistance, around 100,000 USDT.
Possible Movement: A breakout above the resistance could lead to upward momentum, while a drop below the support could indicate a bearish trend.
Monitor the trading volume during these breakout attempts to confirm the direction!
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DYOR. NFA
BTC Bullish Continuation (Another Top OR New Prominent High?)BTC price seems to exhibit signs of overall bullish continuation as the price action may form a credible Higher Low on key Fibonacci and Support levels.
There might be a possibility that BTC may break it's All Time High Price of 109588. It might be worth observing price the action further if 109588 breaks. A potential break may be indicative of another top OR new prominent high (if the range considerably breaks).
Trade Plan :
Entry @ 97389.73
Stop Loss @ 87000
TP 1 @ 107779.46 (Before All Time High)
TP 1.5 - 2 @ 112975 - 118169.19 (After All Time High)
Ride Further with Caution if TP1 hits and move Stop Loss to Break Even if TP1 hits as well.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Back above $95,878 support, $97,780 resistance in effect, previous 1D closed with bullish engulfing, time to see if current daily can follow thru. RSI and MACD on 1D looks good with potential to test $99,361, with weekend approaching current weekly also looks pretty good, Current support at $95,878, continue watching given s/r.
BTC at a Crossroads: Breakout or BreakdownBTC/USD Technical Analysis
Bitcoin (BTC) has been consolidating within a symmetrical triangle pattern, indicating indecision in the market. A breakout in either direction could determine the next major move.
Key Levels to Watch:
Bearish Scenario: A confirmed breakdown below $92,000 could trigger a sell-off toward $72,000, aligning with the untested breakout zone around $70,000, which BTC never retested after surpassing it.
Bullish Scenario: A successful push above $107,000 would invalidate the bearish outlook and signal further upside momentum, potentially leading to new highs.
Market Outlook:
A break above or below the symmetrical triangle will likely set the next trend direction.
Volume and momentum indicators should be monitored for confirmation.
If BTC remains within the triangle, expect continued ranging until a decisive breakout occurs.
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
BTC/USDT weekly chart update, here are some key observations: The price is around $96,063, hovering near the resistance zone slightly below $100,000. This indicates that the market is still testing higher levels.
Potential Head & Shoulders Pattern:
This formation appears to be a head and shoulders pattern, which is often seen as a bearish reversal signal. The left shoulder, head, and right shoulder are recognizable, and a breakdown could indicate downward momentum.
The overhead resistance barrier near $100,000 has proven challenging, and failure to break this level could increase selling pressure.
If the price declines, the chart suggests looking at support around $80,000. This level appears to be crucial for maintaining upward momentum.
Green areas indicate bullish momentum in previous cycles, but if the current pattern persists, some traders may start positioning for a potential decline.
Traders should keep an eye out for a breakout above $100,000 for bullish confirmation or a decline below support levels around $80,000, which could signal entering a bearish trend. Keep an eye on volume and market sentiment as these can significantly influence price movements.
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Probabilistic thinking. Using Technical logic to get odds.Markets are simple if you think about it.
moderate and long range resistance -- is the best odds for rally.
"horizontal" or 50-50 supports -- risky.
steep supports mean high demand, strong trends. Buying at such supports, at worst it bounces to the upside. (High market with strong trend can mean reversals)
rule: break outs always must coincide with 200dma rallies.
Bonus.
High market, strong trend -- best odds for reversal .
50-50 resistance, with weak support --> trickster market. (trap)
strong trend but no flying 200dma --> trap.
50-50 resistance with strong trend, high market, but weak 200dma ---> good odds for reversal.
keeping it simple.
P.S. this method shows why odds favor BTC reversal . Or why 110/120k had to be peak point. for now.
BTC/USDT chart analysis.BTC is hovering around the previous trendline and will be testing it as potential support after the breakout.
So far, it remains above the green demand zone ($92,000 – $95,000), indicating buyers are stepping in.
100-day MA (purple line): BTC bounced off this level, reinforcing its significance as a dynamic support.
BTC remains above it, a bullish sign, but a breakdown could change the momentum.
Support: $92,000 – $95,000 (green zone).
Resistance: $100,000 – $102,500, which has been a selling zone recently.
Do you want a trading strategy based on this setup?
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DYOR. NFA
$BTC sideways for now, long-term uptrend intactI’m waiting for CRYPTOCAP:BTC to tap 102k again, or for the yearly open at 93k. Not much happening at the moment, but I see it moving higher.
Most likely, we’ll trade within January’s candle and form an inside bar. The inflection point will be at the extremes of that candle for short-term trades. If it decides to break January’s low, I’d see that as a potential re-entry point.
So, in short:
Continuation above 102k
First possible entry at the yearly open (I think many are watching that area)
Second entry at January’s low (optimal for me)
For now, it’s just consolidation.
Bitcoin Trading Thesis – February 11, 2025🔹 Current Price: $98,402
🔹 Action: OPEN LONG (Buy BTC)
🔹 Target: $100,500 📈 | Stop-loss: $96,500
🔹 Confidence Level: 85% ✅
Why is BTC Looking Bullish?
✅ Market Sentiment: Strong financial & order book indicators suggest bullish momentum.
✅ Technical Signals: RSI & MACD show upward momentum, signaling a potential breakout.
✅ Derivatives Data:
Funding Rate: Positive ➝ Traders paying a premium to long BTC.
Open Interest: 76,854 BTC ➝ High participation in futures, supporting bullish activity.
✅ Order Book Imbalance: Increased buy pressure from large market orders.
Key Scenarios
📊 Bullish Case (Higher Probability)
If BTC holds above GETTEX:98K , strong momentum could push it to $100,500 🚀.
Breaking $100K could trigger FOMO buying and push prices even higher.
📉 Bearish Case (Lower Probability)
If BTC fails to hold GETTEX:97K , it could retest $96,500 support before another move up.
A break below $96,500 would invalidate the bullish thesis.
Trading Strategy
🔹 Entry: Look for pullbacks near GETTEX:98K for better positioning.
🔹 Stop-loss: Tight risk management at $96,500.
🔹 Target: First take profit at $100,500, reassess for further upside.
💭 Will BTC finally break $100K, or will it pull back first? Drop your thoughts! 👇
BTC/USDT Chart Analysis.
Bitcoin recently tested the previous trendline resistance (now acting as support) and bounced back.
The price briefly dropped into the green demand zone (support zone around $92,000-$95,000) but quickly recovered.
100-day MA (purple line): Provided strong support.
Holding this level is a bullish signal indicating buyers are coming forward.
BTC is now trading slightly above $97,000 and must stay above the trendline for a confirmed bullish reversal.
A close above $100,000 would strengthen the case for upward continuation.
Support: $92,000 – $95,000 (green zone).
Resistance: $100,000 then $104,000 – $108,000 range.
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
Bitcoin to the moon?Bitcoin-Gold Ratio.
If you are going to trade with the big boys, there seems to be a good chance!
An inverse head and shoulders pattern!
What is this chart telling us? this chart is signaling a prolonged bull run (a protracted wave).
(what it might lead to) as a result: Gold could drop 80% against Bitcoin!
Remember, the market (pattern!) does not care what you think.
BTC = $ 96450
Gold = $ 2860
Feb 9, 2025
Appendix
The fat years
"Bitcoin Approaching Key Resistance – Breakout or RejectionThis BTC/USD chart shows a descending wedge pattern with a key resistance zone around 99,000. The price is currently approaching the upper trendline of the wedge, with a breakout potential if bullish momentum sustains. Multiple change-of-character (ChOCH) points indicate shifts in structure, with a bullish bias forming.
Key levels to watch:
- Resistance at 99,000 (breakout confirmation needed)
- Support around 97,270 and 95,873
- Potential breakout target above 100,000 if price clears resistance
A breakout above 99,000 with strong volume could signal further upside, while rejection at this level might lead to a retest of lower support zones.
BTC/USDT at a Make or Break Moment Analysis Bitcoin is currently forming an inverse cup and handle pattern on the hourly timeframe, signaling potential bearish continuation. The price is testing the neckline support around 96,480 USDT, and a confirmed breakdown below this level could trigger further downside momentum. However, the most critical support level to watch is 92,000 USDTit is essential for Bitcoin to hold this level to maintain any bullish momentum. If BTC closes below 92K, we can expect further declines, possibly towards 88,500–89,000 USDT or even lower. On the upside, 97,500 USDT remains a key resistance, and only a sustained recovery above this level would invalidate the bearish structure. For now, all eyes are on the 92K support zone, as losing this level could lead to a deeper correction in the market.
BTC is setting up nicely for the weakend Btc is forming a descending triangle that i think will bounce here... but for how long... i see upside potential to just before 100k i think bears will front run 100k and 99,8xx is about the highest we see before we get a flush this weekend... i really believe we see 89k in the not too distant future.. but as i always say... you can only chart until the next move so i will wait for the rejection at 100k and reasses my thought and trade plan...
Always stick to your trade plan and follow best trading practices(why did you get into this trade, is your idea still valid, where are you cutting losses, where are you taking profits) all of these factors should be know at least to you before you enter the trade.
Capital preservation is always the #1 key to making money.... Stay Green
BTC/USDT Breakout Riding the Descending Triangle for Dual TPIn this setup, I executed a long position on BTC/USDT at 97835.6 BINANCE:BTCUSDT USDT after identifying a breakout potential within a descending triangle pattern. The price was compressing against the descending resistance, and I anticipated bullish momentum as it approached a critical convergence zone.
Key Elements of the Setup:
Descending Triangle Breakout:
The price was forming lower highs while respecting a strong support area near 97,711 USDT. I positioned my entry slightly above this support after spotting bullish pressure building up near the triangle's apex.
Support & Resistance Analysis:
The support zones between 96,601.1 USDT and 97,711 USDT provided a solid base for the price, showing multiple rejections of lower levels.
Several weak resistance levels ahead were identified, but the strong bullish momentum suggested the price would overcome them, making it favorable for a breakout.
Risk Management:
My stop loss is strategically placed at 95,854.9 USDT, below the support zone, to protect against a false breakout while minimizing risk exposure.
The setup provides a favorable risk-to-reward ratio, giving the trade room to breathe without exposing it to unnecessary losses.
Take Profit Strategy:
Take Profit 1 at 100,965.9 USDT, just below a major resistance level at 101,735.4 USDT. This ensures profit is secured before encountering strong selling pressure.
Take Profit 2 at 102,380.7 USDT, targeting the upper resistance, capitalizing on the full potential of the breakout if momentum remains strong.
Conclusion:
This trade combines technical pattern recognition (descending triangle breakout), key support and resistance mapping, and disciplined risk management. By entering near a strong support with a clear breakout structure, the goal is to ride the bullish wave and secure profits at predefined resistance levels.
BTC Long Target $125000BTC/USDT - Bullish Setup with Target at $125,000
Trade Overview: Price is currently testing key support near $101,000, and there is potential for an upward move towards $125,000.
Key Levels:
Target Zone: $125,000 (Potential upside resistance)
Trade Plan:
Look for an entry around current support levels or after a small retracement or market long breakout.
Target the upper resistance area at $125,000.
Place stop loss below recent support at $92,000.
ARKUSDT Trendline Betrayal Bearish Plunge !Trendline Break
The chart shows a clear upward trendline that has been broken. This break indicates a potential shift in market sentiment from bullish to bearish.
Retest Confirmation
After breaking the trendline, the price retraced upward, testing the previous trendline as resistance (red zone). This is a classic confirmation for a short setup.
Entry and Risk Zone
Entry :The short position is initiated just below the retest of the trendline, around the price of 0.5510.
Stop-Loss : Placed slightly above the retest zone, around 0.5897, to minimize risk if the price reclaims the trendline.
Target Zone
The blue area indicates the take-profit target, with a potential level around 0.3908. This level might have been chosen based on prior support or Fibonacci retracement levels.
Risk-to-Reward
The setup has a favorable risk-to-reward ratio, with the stop-loss relatively close to the entry and a much larger distance to the target.
Market Context
The sharp drop in price following the trendline break signals strong bearish momentum. Ensure that this move aligns with higher timeframes and broader market sentiment for confirmation.
Key Considerations
Watch for any sudden buying pressure or market reversal signs that could invalidate the setup.
Volume analysis can provide additional confirmation for the strength of the trendline break and the retest rejection.
Stay disciplined with stop-loss placement to manage risk effectively.
Book profits with usual profit locking rule of 10% by moving SL to BE for safe ride