BITCOIN → The “90K” door opened a corridor to $75,000BINANCE:BTCUSD is changing its market structure to bearish after the 90K breakout. A deeper correction is forming and in my opinion this is a logical and technically correct structure for a healthy market
I think it is a wrong siutation when the market is only going up and solely due to buying (injecting huge amount of funds on a HYIP).
A bitcoin correction or even a trend reversal can bring a drop of life to this market.
Fundamentally, traders have not waited for any active support for cryptocurrencies from the US as stated in Trump's election campaign. Crypto exchange hacks, scam coins and bitcoin dominance are negatively affecting altcoins.
Bitcoin's current decline and possible drop to 75-73K could give fundamentally valuable altcoins a chance, provided the flagging dominance index also starts to decline. As the simultaneous flow of funds from bitcoin to altcoins and bitcoin's rise from strong support could renew the chances of an altcoin season
Resistance levels: 88150, 90700
Support levels: 75К, 73570, 66830
A small correction to resistance 88.1 - 90.7 is possible before price starts its decline. BTC may try to go deeper, but based on the situation with the market imbalance, lack of driver and support, the price may descend in the medium term and reach the zone of interest and liquidity 75-73.5K.
Regards R. Linda!
Bitcoin (Cryptocurrency)
Bitcoin Roadmap: Breaking the Broadening Wedge – A Buy Signal?After the tariffs that Donald Trump approved for the European Union and China , Bitcoin ( BINANCE:BTCUSDT ) received a shock with each approval. Otherwise, Bitcoin should have returned to the upward trend, at least in the short term.
Bitcoin seems to have failed to break 200_SMA(Daily) , and most of the time the invalid break is accompanied by the opposite movement of that break with high momentum. Also, Bitcoin seems to have broken the Resistance zone($83,530_$82,250) and is pulling back to this zone .
In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in completing the Descending Broadening Wedge Pattern .
According to the theory of Elliott waves , Bitcoin seems to have completed five downward waves and we should expect Bitcoin to rise .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys .
I expect Bitcoin to rise AFTER breaking the upper line of the Descending Broadening Wedge Pattern up to the targets I specified on the chart.
Do you think Bitcoin correction is over?
Note: If Bitcoin goes below the 200_SMA(Daily), expect more dumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin (BTC/USDT) Technical Analysis – Possible Move📉 Recent Price Action:
Bitcoin has been in a downtrend, forming lower highs and lower lows. However, a downtrend trendline has been broken, signaling a potential reversal or at least a relief rally.
📌 Key Observations:
Fibonacci Levels: The price recently bounced from the 0.618 Fibonacci retracement level (~$81,051), a strong support zone.
Support Zone (~$82,325 - $83,700): Price is currently testing a previous resistance-turned-support level.
Liquidity Grab & Rebound: If BTC holds above $83,700, we could see a bullish push.
🚀 Potential Bullish Scenario:
If Bitcoin maintains support above $83,700, it could retest $86,500 - $89,500, aligning with key Fibonacci extension levels.
A strong break above $89,500 could push BTC toward the $91,000 - $92,500 supply zone (marked in blue).
⚠️ Bearish Risk:
Losing the $82,325 support could lead to another retest of the $79,000 level.
A rejection at $86,500 - $89,500 could bring consolidation before a clearer trend emerges.
Bitcoin may rebound up from buyer zone to 94100 resistance levelHello traders, I want share with you my opinion about Bitcoin. A few days ago, the price was moving inside a downward channel, where it reached the support line and immediately bounced back up to the channel’s resistance. After that, BTC continued its decline, testing the resistance level, which aligned with the seller zone. The price briefly dipped below this level but quickly reversed and rebounded. Eventually, Bitcoin exited the channel and moved into a range, reaching its upper boundary before turning downward again. In a short period, the price dropped to the seller zone, where it consolidated for some time. BTC then attempted to push higher but failed and resumed its decline. Breaking below the 94100 resistance level, the price moved further down, fluctuating between support and resistance lines. Bitcoin eventually fell to the support line, breaking through the 83400 support level, which aligned with the buyer zone. However, this breakdown turned out to be a false move, as BTC immediately rebounded and surged back above that level. Currently, BTC is continuing its upward movement. I anticipate that the price may first test the buyer zone before resuming its growth. Additionally, if it manages to break through the resistance line, it could keep climbing higher. With this in mind, my TP is set at the 94100 resistance level. Please share this idea with your friends and click Boost 🚀
TradeCityPro | Bitcoin Daily Analysis #21👋 Welcome to TradeCity Pro!
Today, we're going to dive into the analysis of Bitcoin and the crucial crypto indices. I will review the significant futures triggers for today's New York session. The market conditions haven't changed much from yesterday and continue to range between 83,779 and 87,070.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, as you can see, I've outlined the Fibonacci levels because it seems that the previous bearish leg has ended, and the market is ranging, preparing for either a trend reversal or the next bearish leg.
🔄 Yesterday, I mentioned that it appeared the price was pulling back to the SMA 99 and that if the trigger at 83,779 was breached, we could confirm a pullback to the SMA 99 from the market. As you see, this did not happen, and the trigger at 83,779 was not activated.
🔍 As observed, there is a cross between the SMA 99 and the SMA 25, which has led the market to start ranging. Currently, there's a very important PRZ (Potential Reversal Zone) above the price, overlapping with the 0.5 Fibonacci zone and the resistance at 87,070. This makes it a critical area, and I suggest you stay behind the chart to see how the price reacts to this area.
🔽 If the price gets rejected from this area, we can take an early trigger for a short position, and if this area is breached, you can proceed to take a long position. However, be mindful that today is Sunday, and as you can see, the market volume has significantly decreased. This happens because the bearish leg has ended and the market is correcting, but also because it's Sunday and during weekends, market volume typically decreases. I recommend keeping an eye on risky positions such as the one at 87,070 during holidays or when the market volume is low.
⚡️ However, there are areas that are still good for opening positions even on holidays like Sunday when the market volume is low, such as the area at 83,779. In my opinion, this could cause the price to move towards its next bearish leg if this area is breached, so even if the market volume is low and it's a holiday, I think if this area is breached, significant selling volume will enter the market and for this reason, I try to keep a short position open if this area is broken.
💥 The RSI oscillator, as you see, has moved above the 50 area, and breaking this area could be a good momentum confirmation for opening a short position. If the RSI enters the oversell area, we can have momentum confirmation for the start of the next bearish leg.
👑 BTC.D Analysis
As you can see, I had marked a trigger at 61.21 yesterday, which the price didn't manage to break convincingly, showing little respect for this area, so I have removed this line. Currently, it seems that Bitcoin dominance is ranging between 61.91 and 61.49, and I believe that sooner or later, the large box ranging from 60.48 to 62.19 will be broken.
✨ If this break is from above, Bitcoin dominance could even experience more bullish legs, increasing Bitcoin's dominance in the market. However, if dominance breaks from below and the market turns bullish, altcoins could perform very well.
🔼 The trigger for today's dominance is that if 60.91 is broken, we can confirm a bearish turn in dominance, and conversely, if 61.49 is broken, we can confirm a bullish turn.
📅 Total2 Analysis
As you see, Total2 was supported from 1.01 and has moved upwards to 1.09, where it is currently being rejected. The SMA 99 in Total2 has also reached the price, and the price has reacted to it.
📉 We have a very risky trigger for a short position on Total2, which is the break of 1.06; this position is very risky and can be opened as a scalp in lower timeframes.The primary target I can consider for this position will be the area of 1.01.
📅 USDT.D Analysis
As you observe, Tether's dominance was rejected from 5.21 and could not stabilize above this area, creating a very small ranging box between 5.08 and 5.21. Currently, it's near the area of 5.08, and if this area is broken, dominance could drop to 4.92.
🎲 This drop would likely boost the market upwards, and if this area is broken, depending on Bitcoin's dominance, you can decide to open positions on altcoins or Bitcoin.
💫 Conversely, if dominance is supported from this area and moves towards 5.22, and if this area is broken, you can open short positions on altcoins or Bitcoin.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Bitcoin Cures World Hunger & Eradicates Banking Money MonopolyThis is Bitcoin on the weekly timeframe, what do you see?
I see a reversal happening at key support and the current session is about to have an extremely bullish, positive close.
How are you doing my friend in this wonderful Sunday?
It is the day of the Sun, so surely, and I hope, you are doing great.
Bitcoin is bullish. The low is in.
Any shakeouts, retraces and corrections are an opportunity to buy, rebuy and reload.
The market is ultra-bullish, why?
Bitcoin is set to grow, why?
The proof and the signals were revealed coming from the Altcoins.
The fact that the Altcoins were going ultra-bullish while Bitcoin moved lower, showed that the low was already in. It doesn't matter, the month closes above 80K (super-bullish) and we will have a close above 90K this week. Which means, that all past bearish action, this last six days, is nothing more than a market shake. Which means, that we continue bullish and we are bullish and we are going up. We are going up now, today, tomorrow and forever more.
I am writing to humbly tell, "I told you so!"
Get in line, nobody can defeat Bitcoin and the Cryptocurrency market.
Crypto is the greatest technology in the world.
The Cryptocurrency market will create many millionaires in 2025 and will cure all the diseases of the world. If we get your support of course.
Namaste.
Bitcoin's 2025 Bull-Market Has Been Cancelled —ALERT!There is no easy to way to say this. This is going beyond any and all expectations. It is no surprise to say that I am surprised because the Cryptocurrency market always surprises.
What happens now?
Will market conditions change based on current action?
All is well that ends well.
Nothing changes. The 2025 has not been cancel and while Bitcoin is going through a major final flush, we are still set to experience sustained long-term growth. Right after the market sets its correction bottom low.
There isn't much difference between a day, two days or six days, it is all the same when the end result is a new bullish wave.
The best way to look at it is by focusing on the long-term. New prices, lower prices will now be available and possible, discounted prices for all Cryptos before the 2025 bull-market bullish phase.
Wait patiently and hold strong. Crypto is going up and this going up will unravel within days.
It is very simple: The market will set the low and immediately after we will see growth long-term. Now, the low is not yet in as is clearly shown by today's action. We underestimated the bears, but we continue to hold, to wait, to trade and to pray.
We continue with the same bias (bullish) and continue to hold and wait patiently for the end of the correction and this correction should be over within hours or days. We are bullish in March 2025 and beyond.
The 2025 bull-market has not been canceled.
Thanks a lot for your continued support.
—Boost if you agree.
—Comment if you disagree.
Namaste.
BITCOIN - Price can start to grow to resistance line of channelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago price started to decline inside falling channel, where it some time traded near $104600 level and broke it.
Then, BTC declined to the $91000 level, after which it turned around and rose to the resistance line of the falling channel.
Price some time declined near this line and then exited from this channel and tried to grow, but failed.
After this Bitcoin continued to decline in another one falling channel, where it firstly rose to resistance line.
In this channel, BTC broke $91000 level and fell to support line, but recently it bounced and started to grow.
In my mind, Bitcoin can bounce from support line and rise to $90900 resistance line of falling channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Supply and Demand Zones Trading in Forex: A Detailed OverviewSupply and demand zones are a core concept in price action trading, helping you spot areas of strong buying or selling interest. Mastering these zones can help you predict reversals, breakouts, and continuations with high accuracy. Let’s dive in! 🚀
🧠 What are Supply and Demand Zones?
📉 Supply Zone (Bearish): An area of high selling pressure where price tends to drop. It forms when sellers overwhelm buyers.
📈 Demand Zone (Bullish): An area of high buying pressure where price tends to rise. It forms when buyers overpower sellers.
These zones act like magnets for price — when price returns to these levels, you often see strong reactions.
🗂️ Characteristics of Strong Zones
✅ Sharp Price Movement: Strong supply and demand zones create fast and aggressive price moves away from the area. 💥
✅ Multiple Rejections: The more times a zone holds and rejects price, the stronger it is. 🛑
✅ Freshness: The first retest of a fresh zone often yields the strongest reaction. 🆕
✅ Volume Spike: Higher volumes show genuine interest from large players. 📊
🎯 How to Identify Supply and Demand Zones
1️⃣ Find Strong Moves: Look for big bullish or bearish candles after a consolidation or small pullback.
2️⃣ Mark the Base: Draw a rectangle from the start of the strong move to the end of the consolidation.
3️⃣ Adjust for Wick/Body: Include the entire wick for aggressive zones or just the body for conservative zones.
📈 Bullish Supply and Demand Zone Strategies
1️⃣ Demand Zone Bounce (Buy Setup)
🛑 Identify: A clear demand zone with a strong bullish move away.
📉 Wait: For price to return to the zone.
🕯️ Confirm: With a bullish candlestick pattern (like Hammer, Engulfing).
🎯 Enter: A buy order at the zone’s edge.
🛡️ Stop Loss: Below the zone’s low.
🏁 Target: Nearest supply zone or strong resistance.
💡 Example: Price rallies from 1.2000, pulls back to the same zone, then forms a bullish engulfing — you buy.
2️⃣ Demand Zone Breakout (Continuation Setup)
🛑 Identify: A demand zone forming a higher low in an uptrend.
💥 Breakout: Wait for price to break the supply zone above.
📉 Retest: When price retests the broken supply (now demand), enter long.
💡 Example: Price breaks 1.2500 resistance, retests it, and bounces higher — you enter.
📉 Bearish Supply and Demand Zone Strategies
3️⃣ Supply Zone Rejection (Sell Setup)
🛑 Identify: A clear supply zone with a strong bearish move away.
📈 Wait: For price to return to the zone.
🕯️ Confirm: With a bearish candlestick pattern (like Shooting Star, Engulfing).
🔻 Enter: A sell order at the zone’s edge.
🛡️ Stop Loss: Above the zone’s high.
🏁 Target: Nearest demand zone or strong support.
💡 Example: Price spikes up to 1.3000, then drops sharply — on a retest, you short.
4️⃣ Supply Zone Breakout (Continuation Setup)
🛑 Identify: A supply zone forming a lower high in a downtrend.
💥 Breakout: Wait for price to break the demand zone below.
📈 Retest: When price retests the broken demand (now supply), enter short.
💡 Example: Price breaks 1.1800 support, retests it, and drops further — you enter short.
🛠️ Tools to Enhance Supply and Demand Trading
🧰 Support & Resistance Levels – Combine zones with horizontal levels for added confluence.
📐 Fibonacci Retracements – Zones aligning with Fibo levels are extra strong.
📉 Trendlines – A zone break + trendline retest makes a powerful entry signal.
📊 Volume Analysis – High volume confirms genuine buying or selling pressure.
⏳ Timeframes & Zone Strength
⏱️ Higher Timeframes (4H, Daily, Weekly):
Stronger & more reliable zones.
Great for swing trading.
⏱️ Lower Timeframes (5M, 15M, 1H):
More frequent but weaker zones.
Ideal for day trading or scalping.
⚠️ Common Mistakes to Avoid
❌ Forcing trades: Not every zone gives a valid signal — be patient.
❌ Ignoring context: Always follow the trend unless there’s clear reversal evidence.
❌ Skipping confirmation: Wait for candlestick patterns and rejections.
❌ Poor risk management: Always set a stop loss and manage position size.
Major Levels & Breakout Zones!🚀 Bitcoin's Q1 2025 Cycle is Here – Major Levels & Breakout Zones! 💎🔥
The delayed cycle I spoke about in early February is now kicking in hard, and Bitcoin is on the move! 📊 The market followed the chart before the news—a perfect example of why we trade based on technical setups first!
📉 Key Support Levels
✔ Checked support: $79,717 – Held strong, confirming the bounce.
✔ Short-term support: $91,000 - $91,353
✔ Potential retracement level: $91,206
🚀 Where to Next?
💡 Major Resistance & S/R Cluster: $111,000 - $113,000
📍 If we clear this zone, Bitcoin could head toward $120,000+ in a strong breakout!
📍 Expect consolidation or rejection at this level before further price expansion.
🔥 News Driving the Market
JUST IN: $330 Billion was added to the crypto market in the last 4 hours! 📈
💥 Trump’s Crypto Strategic Reserve Announcement is fueling the bullish momentum, reinforcing Bitcoin's long-term narrative!
This setup is textbook delayed cycle price action, playing out exactly as expected. Keep an eye on these levels and trade smart!
One Love,
The FXPROFESSOR 💙
We had told you, 'March gonna be BIG'Crypto Market Update – March Momentum in Full Swing! 🚀🔥
Alright, traders, March is here, and the market is pumping! No surprises here—I mentioned back in early February that I expected a strong March due to the delayed cycle effect, and here we are. The news followed the charts, not the other way around, which is why we stay ahead of the game! 📊🔍
Bitcoin (BTC/USD)
📍 Support levels:
$91,000
$91,206 (key short-term level)
$91,353 (minor support)
📍 Breakout zone:
Above $96,000, price is totally free to explore higher levels. Watch out for resistance clusters on the way up.
Ethereum (ETH/USD)
💎 Major resistance:
$2,627 - $2,634
📍 Breakout target:
Over $2,634, we should see a run toward $4,000. 🚀
Ethereum remains extra bullish—momentum is strong!
Solana (SOL/USD)
📈 Key levels:
Support: $166.72
Resistance: $215 - $223
Solana has broken back into its channel, showing strong momentum. A better entry is now possible, given solid support at $166.72.
Cardano (ADA/USD)
🔥 Trade of the week!
Major support: $1.00, $0.98
Target: $1.19, with bullish continuation potential
If we lose the $0.98 support, then it's time to consider shorting. Otherwise, the momentum is strongly bullish.
XRP (Not my top pick, but here’s the setup)
📍 Support: $2.48, with additional support around $2.66
📍 Resistance: $3.11 - $3.30
Wouldn't be my preferred trade right now, but price action will tell us more.
🚨 Breaking News: Market Liquidity Surge!
Over $330 billion added to the crypto market in just 4 hours! 💰🔥
Trump announces a Crypto Strategic Reserve 💎🇺🇸, consisting of Bitcoin and other top cryptocurrencies, aligning with Executive Order 14178.
The market is picking up steam, and levels are holding strong. Keep your eyes on these key support/resistance zones, set alerts, and trade smart. Exciting times ahead! 🚀💡
One Love,
The FXPROFESSOR 💙
🔗 Stay updated on my TradingView!
Trump's Bombshell Strategic Reserve Announcement.Let's summarize the situation.
We were on the edge of slipping into a bear market, with CRYPTOCAP:BTC under heavy selling pressure and looking bearish on daily, hourly, and weekly timeframes.
A lot of people were caught off guard, selling their crypto to prepare for shorts and ending up sidelined—I was one of them, and I’m pissed. Since I live in Asia, I was asleep when it happened, and so was the entire Asian market.
Then, conveniently, Trump announced the strategic crypto reserve, which was originally scheduled for Friday to coincide with the White House crypto summit. Meanwhile, the tariffs are set to take effect on Tuesday.
On the global stage:
- The rejection of Zelensky has pushed Europe to react, with some leaders now considering sending troops to Ukraine. This could seriously complicate things for the Trump administration and potentially escalate into WWIII. No joke, this is a serious situation.
- Israel has decided to destroy Gaza completely and is now enforcing a full-scale siege, which will cause massive international backlash. The situation there never been so bad.
- Recession fears are mounting, and we can see markets starting to shake and correct.
And then Trump drops his crypto reserve announcement…
- This was a sloppy reveal—posted only on his own platform, not on X—which caused panic, as people scrambled to verify the source, thinking it was fake news.
- Even worse, the initial announcement didn’t mention Bitcoin or Ethereum! Instead, they listed CRYPTOCAP:XRP , Cardano, and Solana as part of the reserve, which made people think their accounts were hacked. Later, they corrected it, clarifying that CRYPTOCAP:BTC and CRYPTOCAP:ETH are at the "heart" of the reserve.
So yeah… Sunday night, completely unexpected, and poorly executed.
What does this mean for CRYPTOCAP:BTC ?
- Weekly timeframe: Nothing has changed—it’s still in a serious correction, and a 10% daily pump isn’t enough to reverse the trend. My previous analysis is still valid.
- Daily timeframe: The MACD has reset, and RSI is now in a neutral zone. This suggests a potential short-term pump over the next few days.
- Key levels: Supports at $91k and $80k are back, but $99k remains a major resistance and could reject $BTC.
- Leverage & liquidity: A massive $4.3 billion in longs has been built up, meaning we’re likely to retest the downside to liquidate them.
- CME gap: We just created a 10%+ CME gap, which will most likely be filled.
Conclusion:
Optimism is back, and we could see a short altseason as capital flows into altcoins, now that some are officially part of the U.S. national reserve.
BUT the global situation remains extremely concerning:
- War tensions in Europe and the Middle East
- Recession risks still on the table
- Uncertainty about how this crypto reserve will actually work
This is great news, but going all-in on longs at this point seems risky. How long will this momentum last? More than a week? I’m not sure.
Technically, the correction isn’t over. Unlike December 2024—when Trump’s election happened at the end of a correction, with a bullish MACD crossover—we are now at the START of a weekly correction, which could last until May 2025.
So yeah, fundamentally bullish, but technically, the correction still has room to go.
Bitcoin's First Green Day: Bullish Bitcoin Around The CornerNormally these moves, this type of break of support, don't end in a single day. It tends to expand and be prolonged. Like we had those three red days and after a minor stop we get more 'blood.' That's normally how it works, but, we have some signals.
Trading volume is really weak. A three months long support breaks down and yet there is no real volume. We have the Altcoins signal which we looked at deeply, many bottomed on the 3rd of February which is a long time ago in Cryptocurrency terms.
Bitcoin is becoming older and the older it becomes it also becomes more stable. There is less volatility. Each time there is a bear-market, it is smaller than the previous one. Each time there is a bull-market, it ends up being smaller compared to previous ones.
So normal market behavior would call for the extension of the bearish move, a long correction but the correction is already long. The fact is that Bitcoin is really strong and people are just not ready to part with their Bitcoins, they are happy and ready to hold.
Looking from a detached perspective, being the devils advocate, we can see two sides but we are obviously bullish.
How would an even bigger drop look like?
It would have to be a flash crash because of the date. Say the bearish wave extends, it wouldn't go much further than the 5th of March because we are bullish in March 2025 and beyond. Again, the Altcoins are bullish and many are moving up.
So technically speaking and without getting our own bias on the way, it is too early to say. At the same time, the drop is weak, there is no volume and the Altcoins are already breaking up. This is the final flush.
While Bitcoin has been sideways for months, as expected, many Altcoins went through a massive corrective phase. The truth is that Bitcoin is bigger now, Bitcoin is better now, Bitcoin is more stable now and it is not easy to continue selling.
Some people will sell only to buy back when prices are higher.
Some people will sell and never get their Bitcoins back. What if a whale decides to trick the market and ends up with a bad hand? We already saw many of those.
Right now is not the time to sell.
Right now is the time to either buy or hold.
It doesn't matter what happens, focus on the long-term because we are going up.
We are just days away, no, hours away... Hold strong.
First, the news change but they produce no-effect. This is already happening.
Then, the sentiment changes but the prices is not yet up. This is the next step.
Finally, the entire market starts rising and everybody joins to enjoy the fun.
The bullish dynamics are already in place.
It will only take a small amount of time before it spreads to all corners of the world.
Namaste.
TradeCityPro | Bitcoin Daily Analysis #20👋 Welcome to TradeCity Pro!
Let's dive into the Bitcoin analysis and key crypto indices, where I will, as usual, review the futures triggers for today's New York session. The market had an upward and corrective movement yesterday, rising from the support at 78,940. Today, I aim to examine the market conditions for you.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, as you can see, the price has risen from the support at 78,940 and managed to exceed the area of 83,779. A V pattern has formed and has been activated, moving the price upward. It appears that the break of 83,779 so far was a fake break.
🔼 If 83,779 is broken again, you can enter a short position targeting 78,940, but keep in mind that since the price has already faked a break, there might be an upward momentum entering the market. If 82,770 breaks, you could consider taking the risk of opening a long position.
⚡️ Personally, I prefer to open a long position with the minimum risk allowed by my strategy, but if 83,779 breaks, I will open a short position with usual risk. As you can see, the price has also hit the SMA 99 and seems to be getting rejected from it.
📉 This could be another suitable confirmation for a short position, and if the price cannot stabilize above this SMA and gets rejected from this area, breaking 83,779, we could even expect the next bearish leg towards lower lows, although the first target for us would be 78,940.
✅ The RSI oscillator has also moved out of the oversell zone and above the 50 area. A break of the 50 zone could reintroduce bearish momentum into the market.
📊 Keep in mind that today is Saturday, considered a holiday, and the market volume is very low. I generally prefer the market to range on such days and then start moving afterward.
👑 BTC.D Analysis
Let's move on to analyzing Bitcoin dominance to see how Bitcoin's dominance over the market has changed compared to yesterday. As you can see, after being supported at 60.48 and breaking the 60.91 area, it's moving upwards again.
💫 As I mentioned, a range box has formed between 60.48 and 62.19, and I told you yesterday that if the dominance stabilizes above 60.91, it could start moving towards the box's ceiling.
🎲 As you can see, this movement has started, and so far, the dominance has reached 61.21. We need to see how the dominance reacts to this area. If this area breaks, the next resistance levels for dominance will be 61.49 and 62.19.
🧲 I have nothing more to say about Bitcoin dominance. It seems to be forming an upward structure, and if this upward structure coincides with the next bearish leg of Bitcoin, altcoins could provide very good short positions and experience sharp declines.
📅 Total2 Analysis
Let's move on to analyze Total2 to see what the triggers for altcoins will be. As you can see, Total2 was supported from 1.01 and has moved upward to 1.09, where it is currently being rejected.
🔍 As you observe, the SMA 99 in Total2 has reached the price and the price has reacted to it. We have a very risky trigger for a short position on Total2, which is the break of 1.06; this position is very risky and can be opened as a scalp in lower timeframes.
🚀 The highest target I can consider for this position will be the area of 1.01.
📅 USDT.D Analysis
Let's move on to the analysis of Tether dominance. As you see, Tether's dominance was rejected from 5.50 and has moved downward, reaching back to 5.21. This index, like Bitcoin and Total2, has reached the SMA 99 and been supported from this area, and could perform its next bullish leg after breaking 5.21.
💥 In this case, you could confirm the bullish turn of Tether's dominance and validate this dominance for the next bearish leg of the price.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Bitcoin
ICT Smart Money Concepts
1. Liquidity & Manipulation:
Short Squeeze: Price could hunt liquidity above the current highs before reversing.
Fair Value Gaps (FVGs): The yellow zones suggest inefficiencies that may need rebalancing.
Institutional Order Flow: Smart money could be distributing positions near
Short-term: Bitcoin is nearing a potential top (~$133k - $171k).
Mid-term: A correction toward $75k - GETTEX:82K aligns with Wave 4.
Long-term: Wave 5 could push Bitcoin to $408k+ if structure remains intact.
93576.0-94742.35 : Uptrend conversion zone
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(BTCUSDT 1D chart)
The key is whether the price can maintain above the M-Signal indicator on the 1W chart and rise above 97226.92.
If it is supported near 93576.0-94742.35, it is expected to turn into an uptrend.
If not, it is important whether it is supported near 89294.25.
The reason is that if it falls below 89294.25 again, it is highly likely to eventually touch the M-Signal indicator on the 1M chart.
This volatility period is March 3-5.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been in an upward trend since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
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PO3 and Fibonacci: The Path to $128,000I've always been an advocate of analyzing data deeply and finding patterns where others see chaos. And today I want to share my perspective on one of the most exciting opportunities that are taking shape right now.
PO3 is not just an indicator, but a real key to understanding how the market shapes its moves. When you combine it with Fibonacci levels, a unique picture opens up in front of you that gives you a glimpse into the future. This is exactly the case when the data speaks for itself. Now, analyzing the current dynamics, I come to the conclusion that we can expect a significant rise in price to the level of 128,000 dollars. PO3 shows a clear direction and Fibonacci levels confirm the potential for such a move.
So, my prediction: $128,000 is not the limit of dreams, but a realistic goal that we can achieve. And those who understand this trend have a unique advantage.
Alex Kostenich,
Horban Brothers.
Insane Growth Is Just Beginning For Bitcoin BTCHello, Skyrexians!
Recently we made two analysis on BINANCE:BTCUSDT . In the first one we pointed out that $80k is going to be the reversal point, in the second that bullish reversal bar has been confirmed at $85k. Now we are seeing how it is playing out. This is just the beginning of a pump. Here is why.
On the daily time frame we can see the green dot on the Bullish/Bearish Reversal Bar Indicator which has appeared when price bounced form. 0.5 Fibonacci. For us this is the clear sign that wave 2 has been finished and now Bitcoin is printing wave 3. This wave has the most realistic target next to $180k at 1.61 Fibonacci extension, but the strong resistance can be met at $140k.
Best regards,
Skyrexio Team
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