BTCUSD Bullish Reversal Setup The chart shows BTCUSD forming a rounded bottom pattern near the support zone, suggesting a potential bullish reversal. Price is currently holding above the key support area, and if momentum continues, the market could push toward the 1st target around 84,000, followed by the 2nd target near 85,500. A breakout above those levels could open the path to the 3rd target at the resistance zone around 88,000–89,000. Confirmation of the move would be stronger with a break of the neckline and continued higher highs.
TP1: 84,000 — First resistance level, ideal for partial profits as price approaches local highs.
TP2: 85,500 — Intermediate resistance zone, aligns with a major price reaction area.
TP3: 88,800 — Near the top of the marked resistance zone, a strong level for final exit if bullish momentum continues.
1-BTCUSD
EUR/USD pullback from last week’s bull run!!Good day traders, this past week was filled with so much volatility and momentum but now we focus on the new week, new opportunities, new challenges and all things new😂
EURUSD here we want to take advantage of last week’s run, we expecting price to pullback and already we have had confirmations agreeing with the idea in mind, we’ve already had a shift in structure on the hourly TF and we also see price left equal lows that we also wanna see price run through them this coming week.
BTC-----Sell around 83500, target 82500 areaTechnical analysis of BTC contract on April 5: Today, the large-cycle daily level closed with a small positive line yesterday, the K-line pattern was single negative and single positive, the price was below the moving average, and the fast and slow lines of the attached indicator were glued and flattened. The overall trend yesterday fluctuated in the range. If the rhythm is well grasped, the profit will be very good. If the rhythm is not good, it will also be a painful loss, but the general trend is still firmly bearish; the short-term Thursday hourly chart yesterday US market price fluctuated severely, the K-line pattern was continuous negative in the early morning, and the price was suppressed below the moving average. The hourly chart continued to fall during the day after the pressure in the early morning. The current K-line pattern fell continuously, and the attached indicator was dead cross running, so the probability of continuing to fall during the day is still high, but today is the weekend, the strength is not expected to be large.
Today's BTC short-term trading strategy: directly maicjhu in the current price area of 83,500, stop loss in the 84,000 area, and target the 82,500 area;
BTCUSDT, We were moved like ...Hello everyone
According to the chart that you can see the price movement was exactly moved to our route but at this time we expect because of the reason in world and US Reciprocal Tariffs at this time Gold movement is important after the Gold start the corretion wave the smart money comes to the cryptocurrency market and we expect the excitement movement.be patient until ...
Be Lucky
AA
Bitcoin Bullish Continuation Towards $128KBTC/USD | 1D Chart | April 2025
📊 Technical Analysis:
Bitcoin is maintaining its bullish structure within a well-defined ascending channel. The price has bounced off the lower trendline (green), which has provided strong support multiple times (see green arrows).
Currently, BTC is consolidating near $83,800, and a breakout from this zone could initiate the next impulsive move towards the midline and upper trendline resistance (~$128,000).
Support Levels: ~$80,000 (trendline)
Resistance Levels: ~$90,000, ~$110,000, and ~$128,000
Bullish Trigger: A confirmed breakout above $90,000 could signal strong continuation
🌍 Fundamental Analysis:
Bitcoin Halving (April 2024): Historically, BTC rallies post-halving due to reduced supply. The next supply shock could fuel a rally.
Institutional Demand: Spot Bitcoin ETFs continue to see record inflows, with firms like BlackRock and Fidelity accumulating BTC aggressively.
Macroeconomic Factors: With inflation concerns persisting, investors are turning to Bitcoin as a hedge, pushing prices higher.
📈 Trade Idea:
Entry: $84,000 (Breakout Confirmation)
Stop Loss: $79,000 (Below Trendline)
Target Range: $110,000 – $128,000 (Channel Resistance)
My Forecast Analysis for BTCUSDAt this moment, BTCUSD will just move with a small movement (consolidation only). The range level of consolidation is around 74,000 USD - 84,000 USD per BTC. Until then, the BTC drops at zone 66,800 USD - 73,000 USD, BTC will rebound significantly to make its all time high again. Or I can say BTC at least will touch level price at 110,000 USD - 150,000 USD.
So, for BTC holder I think it is time for us to be patient and keep buying when the price is coming to the discount or support level.
Thank you. And good luck for all of us. :)
My best regards,
KingCuan77
BTC Bearish GarleySummary of Confluences
Trade Setup Long Trade (Buy at C)
Key Confluences
✅ Fibonacci 0.618 - 0.633 Retracement (XA Leg)
✅ Weekly FVG Support
✅ Market Structure Pivot & Liquidity Grab
Short Trade (Sell at D)
✅ Bearish Gartley Completion (1.27 - 1.3 Fib Extension of BC)
✅ Anchored VWAP from ATH (Resistance)
✅ Bearish Order Block & Supply Zone
1. Long Trade Setup (From C to D – Bullish Move within the Gartley)
🔹 Trade Type: Counter-trend long (buy from C to D).
📌 Entry Criteria:
Buy at Point C (~0.633 Fib retracement of XA leg).
Stop Loss: Below A (~1 ATR buffer).
Take Profit Levels:
TP1: B (~0.642 Fib level of XA retracement).
TP2: D (~1.3 Fib extension of BC leg).
🔹 3 Confluences for the Long Trade:
✔ Fibonacci & Harmonic Confluence:
Point C aligns with the 0.618 - 0.633 Fibonacci retracement of XA.
This is a well-known harmonic reversal zone, increasing the probability of a bounce.
✔ Weekly Fair Value Gap (FVG) Support:
Price is filling a weekly FVG, a strong liquidity zone where buyers tend to step in.
Institutions may use this level for long entries.
✔ Market Structure Pivot & Previous Low Rejection:
The chart shows a first weekly lower low in a Market Structure Break (MSB).
Previous liquidity grab suggests a potential bullish reversal from this level.
2. Short Trade Setup (From D – Bearish Reversal at Gartley Completion)
🔹 Trade Type: Trend-following short (sell from D after pattern completion).
📌 Entry Criteria:
Sell at Point D (~1.27 - 1.3 Fib extension of BC leg).
Stop Loss: Above D (~1 ATR buffer).
Take Profit Levels:
TP1: B (~0.642 Fib level of XA retracement).
TP2: C (full pattern retracement).
🔹 3 Confluences for the Short Trade:
✔ Bearish Gartley Completion & Fibonacci Reversal Zone:
The Bearish Gartley pattern completes at D, a major reversal point.
The 1.27 - 1.3 Fib extension of BC historically acts as strong resistance in harmonic patterns.
✔ Anchored VWAP from All-Time High (ATH) as Resistance:
VWAP from ATH is acting as dynamic resistance, confirming institutional selling.
If price rejects off VWAP, this increases the probability of a downtrend continuation.
✔ Bearish Order Block & Supply Zone:
Point D aligns with a key Bearish Order Block (OB) where previous heavy selling occurred.
Historical supply zone suggests potential aggressive selling pressure upon reaching D.
levels to watch I had previously highlighted a potential top around the 100-108k range, with a measured target of around the 75k level. The market did, in fact, drop to around 76k. For now, it's respecting the uptrend channel, and we can expect the market to target 90,000. If those levels are breached, it could push the market above 100,000, with new highs potentially reaching around 125,000, as I mentioned in my earlier article.
BTC/USDT 4H Chart Analysis !!Current Price: $83,809
The chart shows a symmetrical triangle pattern, indicating a possible breakout soon.
Upper Resistance: Around $86,000
Lower Support: Around $82,000
Key Support Levels: $79,183 and $78,424
Bullish Breakout (Green Arrow)
If BTC breaks above the resistance trendline (~$86K), it could see a strong move towards $90K-$92K.
Confirmation would be a candle close above $86K with volume.
Bearish Breakdown (Red Arrow)
If BTC loses the support trendline (~ GETTEX:82K ), it could drop towards $79K-$78K.
The candle closing below GETTEX:82K could fuel further selling.
Market Sentiment:
Fear & Greed Index: 28 (Fear) – Investors remain cautious.
The direction of the breakout will depend on market sentiment and volume.
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 vs. Nasdaq: BTC Shows Signs of Decoupling Amid US Stock
For years, the narrative surrounding Bitcoin’s price action has been inextricably linked to the performance of traditional financial markets, particularly the tech-heavy Nasdaq Composite. Often moving in lockstep, Bitcoin was viewed by many as a high-beta asset, amplifying the gains during bullish periods and suffering even steeper losses when risk sentiment soured in equities. However, recent market movements have sparked a crucial question among investors and analysts alike: is Bitcoin finally beginning to forge its own path, decoupling from the gravitational pull of U.S. stocks as they face mounting headwinds?
The past few weeks have witnessed a notable divergence. While U.S. stock markets, reeling from a confluence of factors including escalating geopolitical tensions stemming from a potential “Trump tariff war,” persistent inflation concerns highlighted by Federal Reserve Chair Jerome Powell’s hawkish warnings of “higher inflation and slower growth,” and broader macroeconomic anxieties, have experienced a significant downturn – shedding a staggering $3.5 trillion in value – Bitcoin has demonstrated a surprising degree of resilience, even posting gains in some instances. This nascent divergence has ignited a wave of optimism among Bitcoin proponents who have long yearned for the digital asset to be recognized and traded based on its own fundamental merits, rather than as a mere proxy for risk-on sentiment in the equity markets.
The concept of Bitcoin decoupling from traditional assets has been a recurring theme in the cryptocurrency space. The original thesis for Bitcoin, after all, positioned it as a decentralized, censorship-resistant store of value and a hedge against traditional financial system vulnerabilities. Its finite supply, its independence from central banks and government policies, and its inherent scarcity were touted as key differentiators that would eventually lead it to trade independently. However, the reality of the past few years has often painted a different picture, with institutional adoption bringing increased correlation with established asset classes.
The current shift, however tentative, offers a glimmer of hope for those who believe in Bitcoin’s unique value proposition. The factors contributing to the stock market slump – trade war anxieties, inflation fears, and the prospect of tighter monetary policy – arguably strengthen the case for Bitcoin as an alternative asset. In times of economic uncertainty and currency debasement concerns, the fixed supply and decentralized nature of Bitcoin could become increasingly attractive to investors seeking a safe haven outside the traditional financial system.
Furthermore, the increasing maturity of the Bitcoin market, with the development of more sophisticated trading instruments, greater institutional participation, and a deeper understanding of its underlying technology, may be contributing to its growing independence. As Bitcoin gains broader acceptance as a legitimate asset class, its price discovery mechanisms may become less reliant on the sentiment driving traditional equity markets.
However, it is crucial to approach this apparent decoupling with a degree of caution. While the recent divergence is encouraging for Bitcoin bulls, it is too early to definitively declare the long-awaited break has finally arrived. Market correlations can be fluid and influenced by a multitude of factors. A sudden shift in global risk sentiment or a significant negative event specific to the cryptocurrency space could easily re-establish the link between Bitcoin and traditional assets.
Adding a layer of complexity to the current narrative is the warning from some analysts regarding a potential Bitcoin price correction. Despite the recent resilience, multiple BTC price forecasting models have pointed towards a scenario where Bitcoin could fall back to its 2021 all-time high of around $70,000 in a relatively short timeframe – some even suggesting this could occur within the next ten days. This potential “crash risk,” as one analyst termed it, is attributed to various technical and market cycle indicators.
The notion that $70,000 could represent Bitcoin’s “practical bottom,” as suggested by some, highlights the inherent volatility and speculative nature of the cryptocurrency market. Even if Bitcoin is beginning to decouple from traditional equities, it remains susceptible to its own unique set of risks and price swings. Factors such as regulatory developments, network security concerns, and shifts in investor sentiment within the crypto space can still exert significant influence on its price.
Therefore, while the current divergence between Bitcoin and the struggling U.S. stock market offers a compelling narrative and fuels the hopes of long-term Bitcoin holders, it is essential to maintain a balanced perspective. The confluence of factors driving the stock market decline could indeed be creating an environment where Bitcoin’s unique characteristics become more appealing, leading to a sustained period of independent price action. However, the inherent volatility of the cryptocurrency market and the potential for a significant correction remind investors that the journey towards true decoupling is likely to be a complex and potentially bumpy one.
In conclusion, the recent market dynamics present a fascinating juncture for Bitcoin. The initial signs of decoupling from the crumbling U.S. stock market, driven by a confluence of macroeconomic anxieties and the potential for Bitcoin to act as an alternative store of value, are undeniably encouraging for those who believe in its long-term potential. However, the warnings of a potential price correction underscore the inherent risks within the cryptocurrency space. Whether this nascent decoupling marks a definitive shift in Bitcoin's market behavior or proves to be a temporary divergence remains to be seen. Investors would be wise to monitor these trends closely, remaining cognizant of both the potential for independent growth and the ever-present risks associated with this dynamic and evolving asset class. The coming weeks and months will be crucial in determining whether Bitcoin can truly forge its own path in the face of traditional market turmoil.
Check if it can rise along the rising trend line (2)
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We need to see if USDT and USDC can continue the gap uptrend.
-
(BTC.D 1M chart)
If BTC dominance rises above 62.47 and maintains or continues to rise, altcoins are likely to record a larger decline.
Therefore, you should think about how to respond to the altcoins you are trading.
If the uptrend continues, it is expected to rise to the Fibonacci ratio range of 0 (73.63) ~ 1 (77.07).
In order for the altcoin bull market to begin, it must fall below 55.01 and be maintained or show a downward trend.
-
(USDT.D 1M chart)
In order for the coin market to begin an upward trend, the USDT dominance must fall below 4.97 and be maintained or show a downward trend.
If it does not, and it rises, the coin market is likely to show a downward trend.
We need to see if it can meet resistance near the Fibonacci ratio of 0.618 and fall.
If not, the coin market will show a large downward trend as it rises to around 7.14.
-
USDT is likely to continue to rise.
This is because it is the fund that supports the coin market.
Due to this, USDT dominance is also likely to continue its upward trend.
Therefore, rather than following the overall flow of USDT dominance, it is better to look at where it starts to decline.
-----------------------------------------
(BTCUSDT 1D chart)
Whether the price can be maintained above the M-Signal indicator on the 1D chart while maintaining the price above the upward trend line (2) and passing through April 4-6 is the key.
In order to continue the upward trend, it must rise above 89294.25, so if possible, we should also look at whether it can rise above 89294.25.
If it does not and falls along the downward trend line, it is possible that it will touch around 73499.86 during the volatility period around April 25.
-
The most recently formed high-point trend line is trend line (3).
And, the recently formed low-point trend line is the (2) trend line.
Since these two trend lines are not moving in one direction, we can see that we are currently in the volatility zone.
If the StochRSI indicator rises this time and forms a peak in the overbought zone and then falls, the high-point trend line will draw an upward trend line like the low-point trend line.
When that happens, it seems likely that the trend will start.
Therefore, the point of interest is whether the two volatility periods in this April, around April 5 and around April 25, will become turning points.
-
Thank you for reading to the end.
I hope you have a successful trade.
--------------------------------------------------
- This is an explanation of the big picture.
I used TradingView's INDEX chart to check the entire BTC range.
I rewrote the previous chart to update it by 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.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(Current BTCUSD 12M chart)
Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15).
Fibonacci ratio 0.618 (44234.54) is not expected to fall again.
(BTCUSDT 12M chart)
Looking at 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 light 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 to act as a volume profile range.
Therefore, in order to break through this section upward, I think the point to watch is whether it can rise with support near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).
Therefore, the maximum rising section in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) section.
To do that, we need to look at whether it can rise with support near 2.618 (134018.28).
If it falls after the bull market in 2025, we don't know how far it will fall, but considering the previous decline, we expect it to fall by about -60% to -70%.
So, if the decline starts 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 downtrend starts.
------------------------------------------------------
BTC/USD 1W chartHello everyone, I invite you to review the BTC chart to USD at 1W interval. As we can see long -term despite the current correction, the price lasts above the main line of upward trend. Going further we can see how the current correction stopped at strong support at 79221 $, however, if the support is broken, then you can see the second very strong support at $ 72085, which is close to the upward trend line.
In a situation where the trend is reversed, we have visible resistance at $ 89147, then a significant level of $ 96784 and very strong support at the level of the previous ATH. Looking at the RSI, you can see how he begins to change the direction that can change the direction of the price.
BTC Futures : My first attempt with a target price of 0Hello friends; I think not believing in Bitcoin is as natural as believing in Bitcoin.
I can't express my opinion here with moving averages and/or RSI levels.
The Beyond Technical Analysis might make sense for this trade.
If we are wrong, what is important here is our position and risk management. We do not open a transaction to say "I told you so".
I cannot explain this with any technical analysis method, blockchain data, etc.
Technically; everything that will be built based on this is the same as building a sand castle.
I don't think Bitcoin has an equivalent.
If we consider serious inflation rates, it is obvious that people will have much bigger and more vital priorities than buying Bitcoin or other cryptocurrencies. I am not even talking about electricity costs.
I definitely don't think it can be in the same class as Gold.
This trade alone offers us a very good risk/reward ratio.
I chose the contract covering the next period ending on May 30th, not the continuous CME contract, in order to save time.
A good place for a first try.
I will definitely try something similar.
I don't think I will have any views other than the short side in the future.
For years I have been asked, "If you don't believe us, why don't you open a short position?" I will try to achieve this.
So there's also an experimental side to this.
HIGHLIGHTS
We are closing our position before the contract switch date of May 30, 2025, without looking at the price. If necessary, we will try again in the next contract.
The value of 113690 is our stop value. We end our trade at this value.
We choose the smallest value as the position size.
If you expect something to be 0,
you should choose trading instruments that evaluate your position in currencies rather than in BTC value.
I chose CME because it is suitable for this.
Contracts that are further away are definitely not liquid.
It may be difficult to find buyers even at high values.
Target : 0
Absolutely no margin addition.
Best regards.
#BTC #BTCUSD #BTCUSDT #BITCOIN #LONG #SWING #Analysis #Eddy#BTC #BTCUSD #BTCUSDT #BITCOIN #LONG #SWING #Analysis #Eddy
BTCUSDT.P Swing Long Analysis With Entry Points.
This is my possible Scenarios 1&2 analysis of Bitcoin's future trend.
This Analysis is based on a combination of different styles, including the volume,ict & Price Action Classic.
Based on your strategy and style, get the necessary confirmations for this Swing long to enter the trade.
Don't forget risk and capital management.
First Entry point of Scenario 1 already touched.
The responsibility for the transaction is yours and I have no responsibility for not observing your risk and capital management.
🗒 Note: The price can go much higher than the first target, and there is a possibility of a 500% pump on this currency. By observing risk and capital management, obtaining the necessary approvals, and saving profits in the targets, you can keep it for the pump.
Spot Investing : ((long 'buy' position)) :
🟢 Entry 1 : 79285.50 (( Scenario 1 Entry point ))
🟢 Entry 2 : 61845.77 (( Scenario 2 Entry point ))
⚪️ SL : Behind the last shadow created.
⚫️ TP1 : 250000
⚫️ TP2 : 500000
⚫️ TP3 : 999000
‼️ Futures Trading Suggested Leverages : 3-5-7
The World Let it be Remembered...
Dr. #Eddy Sunshine
4/4/2025
Be successful and profitable.
My previous analysis of Bitcoin (a view of one of the reasons for my first scenario):
Do you remember my first Bitcoin swing long signal entry & targets?
My first swing long signal was provided on BTC, which was spot pumped by more than 150% and was profitable :
#BTC #BTCUSD #BTCUSDT #BITCOIN #LONG #SWING #Analysis #Eddy#BTC #BTCUSD #BTCUSDT #BITCOIN #LONG #SWING #Analysis #Eddy
BTCUSDT.P Swing Long Analysis With Entry Point
This is my first possible scenario and analysis of Bitcoin's future trend.
This Analysis is based on a combination of different styles, including the volume,ict & Price Action Classic. (( Head & Shoulder Pattern ))
Based on your strategy and style, get the necessary confirmations for this Swing long to enter the trade.
Don't forget risk and capital management.
Entry point already touched : 🟢 79285.50
The responsibility for the transaction is yours and I have no responsibility for not observing your risk and capital management.
🗒 Note: The price can go much higher than the first target, and there is a possibility of a 500% pump on this currency. By observing risk and capital management, obtaining the necessary approvals, and saving profits in the targets, you can keep it for the pump.
Spot Investing : ((long 'buy' position)) :
🟢 Entry 1 : 79285.50
🟢 Entry 2 : 61845.77 (( This Entry is for secound scenario ))
First entry point calculations :
⚪️ SL : Behind the last shadow created.
⚫️ TP1 : 250000 ((215.32%))
⚫️ TP2 : 500000 ((530.63%))
⚫️ TP3 : 999000 ((1160.00%))
‼️ Futures Trading Suggested Leverages : 3-5-7
The World Let it be Remembered...
Dr. #Eddy Sunshine
4/4/2025
Be successful and profitable.
Do you remember my first Bitcoin swing long signal entry & targets?
My first swing long signal was provided on BTC, which was spot pumped by more than 150% and was profitable :
Revisit to a BITCOIN idea posted in Mid March- TAKE OFF SOON ?
I first posted this idea on 19 March ( link at end of this post )
The idea is that because MACD on the weekly is still Falling bearish and is likely to remain doing so till at least Neutral is reached. This would Mean that PA had to Range in a region to allow that Drop
Things Excellerated though and that date of Mid Late April has now been pushed forward and Now, MACD reaches Neutral around 7th April - NEXT WEEK
Once MACD Neutral is reached, PA could rise with strength behind it....... This moment is getting nearer.... and so the original idea that this would happen over months got condensed in to Weeks and we now have DAYS to wait.
So, on the main chart, we wait to see if PA crosses that overhead resistance ealy next week
HOWEVER, we need to watch this Close as MACD could Drop below Neutral.
This would likely take PA down to that 618 retrace Fib line originaly arrowed.
Another thing backing a possible push is the BITCOIN DOMINACE cotined strength.
This, to the cost of the ALTS, has contained to rise and as long as it remains above that trend line, people shold buy BITCOIN more than ALTS.
It is that simple
So, lets see what happens next week. This cold be VERY GOOD
Bitcoin - This Is Just Unbelievable!Bitcoin ( CRYPTO:BTCUSD ) is not dropping at all:
Click chart above to see the detailed analysis👆🏻
After we have been seeing one of the craziest weekly drops which I have experienced in my entire trading history, all major cryptos and especially Bitcoin are strongly holding their levels. Since bullish strength continues quite often, I do expect new all time highs on Bitcoin soon.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
BTCUSD: Conservative September Target $150kBitcoin remains neutral on its 1W technical outlook (RSI = 46.307, MACD = 1999.100, ADX = 44.501), firmly supported on top of the 1W MA50. On this analysis you see the Channel Up that dictated the price action of the last three Cycles. Since December 2023 BTC has traded solely inside the 0.382 - 0.618 Fibonacci Zone, the median zone of the Channel Up. The Theory of pre-Halving / post-Halving symmetry implies that the time range from the Cycle Bottom to the Halving is almost the same as the time from the Halving to the Cycle Top. Since on the current Cycle, the time from the Bottom to the Halving has been 76 weeks, in theory the Top should be another 76 weeks from the Halving. We take the worst case estimate of 74 weeks like the 2017 Top. That's the end of September. And with regards to the target, a conservative estimate is just over the 0.5 Fib at 150k, like the highs of December 2024 and March 2024.
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BTCUSD sideways consolidation Recent price action in Bitcoin (BTCUSD) suggests an oversold bounce, with resistance capping gains at the 88,000 level. The continuation of selling pressure could extend the downside move, with key support levels at 79,000, followed by 76,278 and 74,222.
Alternatively, a confirmed breakout above 91,900, accompanied by a daily close higher, would invalidate the bearish outlook. In this scenario, Bitcoin could target 95,126, with further resistance at 96,415.
Conclusion:
The price remains below pivotal level, with 88,000 acting as a key resistance. Failure to break above this level could reinforce downside risks, while a breakout could shift momentum back in favor of bulls. Traders should watch for confirmation signals before positioning for the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.