Bearish drop?The Bitcoin (BTC/USD) has reacted off the pivot and could drop to the 61.8% Fibonacci support.
Pivot: 84,019.80
1st Support: 72,880.23
1st Resistance: 91,396.07
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1-BTCUSD
BITCOIN Breaking Down – Is $78K Inevitable?COINBASE:BTCUSD is continuing its bearish trend after rejecting from the resistance level within the descending channel. The price formed a converging triangle at this level and broke out to the downside, confirming strong selling pressure.
If sellers maintain control at this level, we could see a drop toward the $78,000 level, which aligns with a key support level. This zone could serve as a short-term target within the current bearish market structure. However, failure to break below this support zone could invalidate the bearish outlook and signal a potential rebound.
Traders should monitor bearish confirmation signals, such as weak pullbacks, lower highs, or increasing selling volume, before entering short positions.
If you agree with this analysis or have additional insights, feel free to share your thoughts here!
Bitcoin: Watching For Reversal 78K AREA.Bitcoin bear flag has become in play over the previous week as I anticipated in my previous week's analysis. While there is a potential minor support in the 81 to 80K area, the lower high established at 88K implies a lower low is likely to follow which can unfold this week. This scenario could see price retesting the 76K area low. There are a couple of potential opportunities that can present themselves in this situation.
The day trade long off the 81,500 area support (see thin rectangle and arrow). This would be appropriate for the smaller time frames like 30 min or lower. Waiting for price structure confirmations and looking for profit objectives that are proportionally within reason on your selected time frame (Trade Scanner Pro is ideal for this). Price may see smaller time frame reversal patterns between 81,500 and 80K numerous times. It is important to take proportional profits because there is NO guarantee the reversal will follow through especially in the face of a lower probability bounce (thanks to the lower high established at 88K).
The opportunity for larger time frames (like swing trades) is between 78 to 76K. This is the previous low and a broader double bottom formation can develop here. The confirmation patterns are the same as previously explained, except the profit objective can be much greater because of the magnitude of the levels in question. For example, if a long confirms at 78,500, risk would be like 2K points, profit objective would be 4K at minimum. Scaling out of a swing trade can also be considered here like selling half at 83.5K, another quarter at 84.5K and closing what is left at 85.5K. Scaling is a more advanced concept, if you find it confusing, just stick to a simple R:R of 2:1 or more all in all out in high potential situations.
While the broader trend in Bitcoin is still bullish, the short term structure is bearish until proven otherwise by price. Trying to piece together news, economic reports, etc., I find to be nothing but confusing and often counterintuitive to how the market actually reacts. This is why I rely ONLY on price structure and support/resistance levels. They are objective and help me align with the market intent (and why a lot of my anticipated scenarios happen to play out).
The fact that the short term structure is bearish implies support levels have a greater chance of breaking. This helps to shape my expectations, and also why it is so important to wait for confirmation. The reason I prefer longs over shorts in this situation is because I do not lose site of the BIG picture. The 76K to 73K area is VERY relevant location of a broader higher low. This is why you need to have a very deep understanding of the time frames you are using along with the potential and risks presented by reach one. The larger the time frame, the more weight it carries. The short term bearish trend is nothing more than a retrace of a broader BULLISH structure that has been in play since the 15K low a few years ago.
Thank you for considering my analysis and perspective.
BTCUSD POSSIBLE TRADE SETUPPotential Trade Setup on BTCUSD
The price has successfully retested the $75,000 region however to complete the corrective wave we can expect to see BTC drop further to the $70,00 before another round of bullish runs.
A BUY trade opportunity is best looked at after the full retest of the $71k and $70k region before I begin to buy Bitcoin
However, the SELL opportunity is clear below FWB:65K which can be regarded as 202 extreme dip.
You may find more details in the chart!
Thank you and Trade Responsibly!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading.
Bitcoin hit that 236 Fib circle I warned you about- and now ?As we come to the end of the week, we see the potential for further drop as PA slides along that 236 Fib circle. ( Red)
It NEVER ceases to amaze me how PA reacts to Fib circles and yet, as if by magic, there is some Macro News at exactly the same time
On this occasion, It seems the US inflation figures on Friday caused this Drop in price.
This Chart is the daily verion of the Weekly chart i often post about weekly candle closes.
I trust this chart
The chance for a drop to arounf 75K is very real and if that fails, down to the 2 Fib extension arounf 68K, though I think that is unlikely
We do need to watch on which side of thois Fib circle PA sits tomorrow. - Idealy, it breaks through tonight and next week candle sits on the "Support" side on the circle.
If it remains as resistance, A Steep drop is highly likely.
In my opinion.
Daily MACD is turned down, heading towards it ssignal line. If that crosses, the Daily becomes very BEARISH
We have to wait and see what happens and be ready to react.
I do have SPOT buy orders around 78 K
If we Drop Lower, I will dig up some funds and buy more lol
WE WAIT FOR WEEKKY CLOSE
The Greatest Opportunity of Your Life : Answering QuestionsThis video is an answer to Luck264's question about potential price rotation.
I go into much more details because I want to highlight the need to keep price action in perspective related to overall (broader) and more immediate (shorter-term) trends.
Additionally, I try to highlight what I've been trying to tell all of you over the past 3+ years...
The next 3-%+ years are the GREATEST OPPORTUNITY OF YOUR LIFE.
You can't even imagine the potential for gains unless I try to draw it out for you. So, here you go.
This video highlights why price is the ultimate indicator and why my research/data is superior to many other types of analysis.
My data is factual, process-based, and results in A or B outcomes.
I don't mess around with too many indicators because I find them confusing at times.
Price tells me everything I need to know - learn what I do to improve your trading.
Hope you enjoy this video.
Get Some.
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Bearish Daily Setup - BTC/USD
### **📉 Bearish Daily Setup - BTC/USD**
**Bias**: Bearish
**Context**: Daily DR (Dealing Range) is broken, and price is rejecting premium level.
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### 🧠 **Narrative:**
Price traded into a daily FVG (Fair Value Gap) near **premium zone**, then formed a lower high. The daily **DR (Dealing Range)** was broken to the downside, showing bearish intent. We also see rejection from a marked supply area (pink zone), confirming seller presence.
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### 📌 **Entry:**
Sell entry around **84,600** (near retest of daily FVG & imbalance zone)
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### 🎯 **Targets:**
- **TP1**: 76,555 (Recent low / liquidity pool)
- **TP2**: 74,000 (Clean imbalance area)
- **TP3**: 73,383 (Final liquidity draw)
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### 🛑 **Stop Loss:**
Above recent high / supply zone
**SL**: 88,762
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### 🔢 **RRR**: Approx. **1:4** (Excellent reward-to-risk)
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### 🧩 **Extra Confluences:**
- Daily FVG (imbalance) filled and rejected
- Supply zone respected
- DR broken
- Momentum shifted bearish
Road to riches - paved with good intentions Order block 1 day timer has yet to fall to the previous buy zone
Order block 1 hour timer just hit the bottom of a buy zone and may reverse to 800 zone.
The 4 hour order block is half way thru a plunge of 3 buy zones
Once 1 hour recovers and higher ones do too.
But how much further will we drop?
Right now we entering a high order block buy zone that can drop to 400 or 500 zone.
Be careful trading lower time frames - we are still seeing turbulence.
BTCUSD What Next? BUY!
My dear followers,
I analysed this chart on BTCUSD and concluded the following:
The market is trading on 82719 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 85417
Safe Stop Loss - 81310
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
$BTC for Next week (31st March - 4th April)Given out all the ideas, Will react to the market based on which idea presents itself.
If Yellow line - Its better to stay out of the markets.
With the other wait for MSS (Market Structure Shift) and then take the trade and target the other side of the liquidity.
BITSTAMP:BTCUSD , BINANCE:BTCUSDT.P BINANCE:BTCUSDT
Overall I'm neutral on CRYPTOCAP:BTC but SEED_ALEXDRAYM_SHORTINTEREST2:NQ and NYSE:ES look bearish to me, and CRYPTOCAP:BTC could follow.
BTC-----More around 83300, target 82000 areaTechnical analysis of BTC contract on March 30: Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern continued to be negative, the price was below the moving average, the attached indicator golden cross was running with shrinking volume, and the fast and slow lines showed signs of sticking dead cross. From this point of view, the general trend of decline is still very obvious, and what we need to pay attention to in trading is to find a good entry point, keep short-term, and do a good job of risk control. Leave the rest to me! The short-term hourly chart continued the trend of shock correction after the decline in the European session yesterday. The current K-line pattern is continuous positive, and the attached indicator is running with a golden cross. Then it is likely to be corrected first within the term. The resistance position of the MA30 moving average is near the 83,300 area.
Today's BTC short-term contract trading strategy: sell at the 83,300 area, stop loss at the 83,800 area, and target the 82,000 area;
Bitcoin Short short ermThis is just a trade idea! And an idea is an idea and exists as an idea,as nobody can predict the markets. No body!
Some media say:Trump Pushes Advisers To Intensify Tariffs Ahead Of April 2.If it will be true ,
Then I prepare for this scenario(SEE THE CHART) above!.
Someoone commented below my last idea,he wants price action and I should draw lines and paint the charts for him . I wonder,that he doesent know that there is always price action! We just need to look at the charts. Above is also a chart. Lol.
But drawing lines, projection ghost lines is Not trading! It is drawing and painting.
Whatever: Fundamentals align with long term trend sentiment: Bearish. Sure surprises will always be present.Thats speculation! Therefor:Put always stops. And dont follow blindly any trade idea. Also my trade idea is just an idea. But you should take responssibility to take your own decision. Because you trade with your own money.
EMAS: 15 min. 200MA, 3min. 200MA
Stop above val of yesterday
Resisatnce:POC of yesterday red line. Breakthrough above the red line is bullish setup, and leading to val of yesterday
If rejected, falls back.If holds above the price will climb.I dont think that it happens, because the trend continutation pattern I use(There are billions of trend continuation patterns!!!!!!!! Also billions of ways to define a trend!!!!!)
is currently bearish!....
Ofcourse on any other TF you will have billions of reasons to do the opposite of trade idea,you you are welcomed.
Have a good trading day.
Btcusd signal Bitcoin (BTC) price has been consolidating between $85,000 and $88,000 this week, approaching the lower boundary of the consolidation range when writing on Friday. A K33 Research report explains how the markets are relatively calm and shaping up for volatility as investors absorb the tariff announcements. PlanB’s Stock-to-Flow (S2F) model shows that Bitcoin looks extremely undervalued compared to Gold and the housing market.
BTC (1 HR) MEGAPHONE STRUCTUREMarch 29, 2025 - The Bitcoin price on the smaller time frame is looking precarious. A drop below 83K will break the structure of the megaphone....a bearish signal w/ an imminent price drop likely. However, a relatively small spring back off the red down sloping demand line give the bulls a small slither of hope for a rebound. Safe to say, I will not be making any shorts or longs with this price action......
BITCOIN - Long Trade Idea For A Zig-Zag...In corrective patterns, Wave 2 can sometimes include large expanded waves.
Here’s a simplified example of a potential Zig-Zag trade.
The critical support level is at the start of the move at $79,962, while key support lies at the 0.786 retracement level at $81,635 if we break above $84,630.
The target for Wave (C) is $90,547, aligning with the length of Wave (A).