Bitcoin at MAJOR SUPPORT! Intraday Update: Bitcoin has hit major support at the 74000 level (today's lows at 74420) which should allow for a move back above the 80K level. A move below 74K level could put the 68848 level in view,
Bitcoin-btcusd
Will BITCOIN prove to be resilient amidst this market crash??Bitcoin (BTCUSD) just hit its 1W MA50 (red trend-line) for the first time since September 06 2024, while completing the first 1D Death Cross since August 09 2024. This is a critical double combo development as last time those conditions emerged it was a bullish signal.
Despite the theoretically bearish nature of the Death Cross, the last one on 1D was formed just four days after the market's previous major long-term bottom of August 05 2024. That bottom was exactly on the level that the market hit today, the 1W MA50.
The 1W RSI sequences among the 2 fractals are identical and if it wasn't for the abysmal negative market fundamentals regarding the back-and-forth tariffs, that would be an automatic long-term buy entry, the 3rd on of this Bull Cycle.
The only condition we can technically rely on right now, amidst the stock market crash, is for the weekly candle to close above the 1W MA50, as it did on August 05 2024. In that case and of course if and only if the trade war gets under control (and/ or the Fed makes an urgent rate cut), we can expect a new long-term Bullish Leg to begin towards $150k and above.
Failure to address those concerns and a 1W candle close below the 1W MA50, can result into a stronger sell-off towards $50000 and the next long-term technical Support level of the August 05 2024 Low (49150). That would also be a major Support cluster as the 1W MA200 (gray trend-line) is just below that level (and holding since October 16 2023) and by the time of the drop, the market may test that as well.
So what do you think? Will BTC turn out to be resilient amidst this market crash or will it follow suit and decline towards $50k? Feel free to let us know in the comments section below!
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LTCUSD Litecoin OH NO TARIFFS! Everyone SELL NOW!The market reacted to the tariffs negatively as expected. I don't think these tariffs will last long. Countries will cave and remove their tariffs. Bottom line is they need us more than we need them. Once global free and easier trade starts you're going to see a boom cycle like never before. This is the bottom and the beginning of the biggest bull run you'll ever see. I don't get involved in politics but this move that Trump made with the tariffs is going to be a major positive for the USA and the world moving forward. This isnt 1929, we live in a much more advanced world now. Collapses and depressions are a thing of the past in my opinion.
As for Litecoin I see it coming down to test around $70 dollars by the middle of April. This is also timed almost perfectly to the 2017 run Litecoin had, coincidentally trump was starting his first term in 2017 as well. Also timed perfectly to when tax day is over for USA.
Many have capitulated and sold everything thinking a giant recession is coming, or a war, or a collapse, or aliens, or you name it people are scared of their own shadows lately. Like a plague of Grackles where one gets spooked and the whole lot of them get scared and take off when they dont even know why. This is how the markets work though, most will make the wrong decision so the few who made the right decision can profit from their mistakes. Once the market starts to run again those who sold will think its just a fake pump or dead cat bounce and wont buy in. Then the market will continue to rise and rise and finally when its near an all time high those who capitulated and sold early will fomo back in and buy the top to provide liquidity for those who were called crazy for buying the bottom. Its a cycle thats been happening since markets started.
So Im sticking with my predictions for Litecoin, I am not falling for this bear trap crap. Im doubling down. This is not financial advice. This is just my opinion.
Bitcoin: 76K Test Watch For Reversal.Bitcoin has broken the 81,500 minor support and is now in the process of testing the recent swing low 78K to 76K AREA. With the lower high structure at the 88K area (see arrow) in place, a lower low is likely to follow in the coming week. The question is how much lower? One reasonable estimate is a test of 73K (the previous all time high before November). The current area between 79 and 76K does present a buying opportunity on multiple time horizons (investment, swing trades, day trades) but the key to timing this WAITING for confirmation.
From the investing perspective, this is an attractive low because this may establish a reversal formation (double bottom) which may be the bottom of Wave 4. IF this turns out to be true, Wave 5 can potentially begin here. Price can probe as far as 64K before overlapping with Wave 1 of this impulse. Stepping into this our placing a limit order at a lower price is reasonable, but managing risk on this time horizon has a lot to do with your sizing strategy (I have explained this on many streams). Keep in mind price can BREAK and test 73K or lower and you must consider that possibility into your sizing strategy.
As far as swing trades, its the same idea except this is where a defined risk (stop) and profit objective has to be assigned (Trade Scanner Pro shines here). While the level is ideal for a double bottom or failed low (see illustration), there is NO confirmation. So it is still highly risky to step into this, especially in light of the stock market situation, etc. Wait for a bullish pin bar, engulfing candle, etc. You can define risk from there and utilize at least a 2:1 or greater profit objective.
For day trades, its the same process just on smaller time frames, (1 min to 15 min). Just on the day trade time frame, at this time, SHORTS can still be attractive on minor retracements because momentum on these time frames is CLEARLY bearish. If 79K breaks, there is a greater chance momentum continues toward the 76K AREA low.
I realize there must be some news catalyst in play to spark such a move. DO NOT react to the news, this is often a mistake. It doesn't matter what it is because this is a game of recognizing herd mentality behavior and identifying potential opportunities in this context. You want to anticipate an inflection point, WAIT for price behavior to confirm. At that point you can identify risk, and profit expectations. THIS is a MORE objective process compared to "thinking" you know how the news will affect a market. Keep decision making as simple as the "IF this, then that" framework which gives you a more accurate view of market intent since it encourages a more passive view rather than asserting your own irrelevant opinions.
Thank you for considering my analysis and perspective.
BITCOIN - Price Could Be Heading Towards 60K...After multiple rejections at higher price levels, the most recent major rejection—followed by a break of the lows—suggests that the corrective move we've seen since the end of February may have concluded.
In this video, I outline the key reasons why a larger upside move no longer appears likely.
With the potential end of the corrective wave combinations now in sight, I'm shifting to a bearish outlook, targeting a potential move down to $61K. To validate this view, we need to see a break below $81,222, confirming the start of a deeper breakdown.
As it stands, I can no longer support a short-term bullish scenario unless we see a strong break above $84,715. However, given the recent sharp move to the downside, this seems unlikely and may, in fact, mark the beginning of a larger downward trend.
Bitcoin volume exploding todayBitcoin volume is exploding today. The Maxi's are trying to close it green on the day to advertise it as a "Safe Haven Asset." We are watching an All-In to keep it above 79k Support.
Will they win?
BTCUSDT BuyBitcoin is ready to start uptrend and retest 93k level. Stop area is 77k. Consolidation between 82 - 93 levels is still active.
BTC Weekly Chart Update📉 CRYPTOCAP:BTC Weekly Chart Update
It looks like a double top pattern is clearly forming on the BTC weekly chart — and honestly, doesn't it remind you of a similar structure we’ve seen before? 👀
Patterns like these often signal potential trend reversals, so this is definitely a chart to watch closely.
Do you see the similarity with the previous one? Let me know your thoughts in the comments 👇
🔴 Bearish scenario could continue unless we break above key resistance.
BITCOIN Do you really want to miss this rally???Bitcoin / BTCUSD remains supported by the 1week MA50 just like it has been through the whole 2020/21 period after the COVID crash.
In spite of the massive bearish pressure of the polical developments (tariffs), the fact that the market is holding the 1week MA50, means that it is respective Bitcoin's Cycles.
In fact this is like the May-June 2021 accumulation on the 1week MA50, following the first Bitcoin Top of April 2021.
Similarly, we've had a peak formation in December 2024- January 2025 and the market corrected.
In addition to that, the 1week RSI is testing the 42.00, which isn't just where the August 2024 and September 2023 bottoms were priced, but more importantly the June 2021 one.
The symmetry between the last two Cycles is uncanny, both trading inside the long term Channel Up, with identical Bear Cycle and (so far) Bull Cycle ranges.
If all ends up repeating themselves, expect a value of at least $160000 by September.
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Bitcoin BTCUSD The Move Down Is OverI posted this chart in February 2027, I was unable to update it. This is playing out exactly how I predicted. Bitcoin loves these double tops and the corrections are textbook almost every time. Bitcoin may double bottom but on a closing basis on the 5 day I am predicting that Bitcoin will NOT close lower than the measured move. Wicks below sure but on a cloing basis which the Line chart shows we are right on track. I think that by the middle to late April we are above the previous high and en route to new all time highs. There is no bear market coming any time soon. Bitcoin is going to astronomical numbers, numbers most cant fathom. None of this is financial advice this is just my opinion. Like and follow for updates. Thank you
BITCOIN is exactly where it's supposed to be.Bitcoin (BTCUSD) is under heavy pressure lately due to the trade tariffs but as long-term investors, we shouldn't let this volatility affect us.
The MVRV has been one of the most consistent cyclical Top (sell high) and Bottom (buy low) indicators giving only a maximum of two optimal signals in each Cycle and it shows that the market is nowhere near a Top.
On the contrary the MVRV has spend the first 3 months of the year correcting from the 0.382 Fibonacci level to the 0.236. This is the exact same score it had i March 2017. Even in the other two Cycles that wasn't this low on Fibonacci levels, it still made a correction, flashing a red signal.
As the 1W MA50 (blue trend-line) continues to support, there are far more greater probabilities that the market will recover, turning the recent trade volatility into the best buy opportunity of 2025.
As far as a Cycle Top is concerned, it has always been an excellent exit signal when the MVRV hit the 0.786 Fib.
So do you think that will be the case? Feel free to let us know in the comments section below!
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Bitcoin - What's Next?We have seen a major 3 Wave (Minor Wave I, II, III) Bullish completion on Bitcoin. What do you think the next move is? For those who understand the BASICS of the Elliott Wave Theory, will easily know what is happening next. I have explained for free plenty of times in this channel, how many waves are in a full bullish or bearish cycle🔥
BITCOIN This is where the most aggressive part begins.Bitcoin (BTCUSD) has turned sideways amidst the tariffs implementation today and on the longer picture (1W time-frame) it remains supported just above the 1W MA50 (blue trend-line). On this chart we display our Parabolic Growth Channel (PGC), which is the long-term Zone where BTC is a buy opportunity.
Throughout the market's historic Cycles, the time when BTC was supported above the 1W MA50 but still within its PGC was known as an Accumulation Phase (blue ellipse) before the final parabolic rally of the Cycle and its eventual Top (green Arc).
Based on this model, so far we haven't seen any such rally, despite the undoubtedly strong rallies of October 2023 - March 2024 and October 2024 - December 2024. Only the March 2024 and then the recent Tops can be counted as marginal breaches above the PGC and it's been no surprise that the market corrected back inside the Buy Zone but remained supported by the 1W MA50.
As long as it does, the probabilities of that final, most aggressive Cycle rally get stronger. On the last Cycle the peak was priced just above the 1.618 Fibonacci extension. That is currently a little below $170k and that is why our final Target is just below at $160000. Also right now we are marginally below the 0.618 Cycle top-to-top Fib, which is in line to where all previous final Cycle parabolic rallies started.
So do you think the 1W MA50 will now push BTC to its final Cycle rally? Feel free to let us know in the comments section below!
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BITCOIN Will it finally break the 2 month Resistance?Bitcoin / BTCUSD is having an impressive 1day candle,recovering the losses of the last 3 days and with the 1day RSI bouncing on its Rising Support.
Now it faces the most important Resistance of all, the Falling trend line that started on the January 20th ATH.
This is just under the 1day MA50 and this will be the 5th test.
If successful, it will be an early validation that the trend has finally shifted to long term bullish again.
The first technical target will be the 2.0 Fibonacci extension. Aim a little bit lower at the top of February's Resistance Zone at $100000.
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BITCOIN | 4H | KEY POINTS Hey traders, what's up
I've marked the key levels for Bitcoin on the chart. Right now, it's holding within the 4-hour supply and demand zone. But if this level breaks, I expect Bitcoin to drop all the way down to around $78K.
For spot buyers, there’s no real risk at the moment. But if you're trading on margin and currently in the red, be extra cautious.
The market will liquidate you first, then move on its way.
Big thanks to everyone supporting my analysis with likes
I will provide continuous updates under this analysis.
Bitcoin will reach $180,000 this yearBitcoin’s trajectory is unstoppable—analysts are calling for a climb to $180,000, fueled by institutional adoption, limited supply, and global economic uncertainty. With halving cycles tightening the squeeze and mainstream acceptance soaring, BTC isn’t just a store of value—it’s the financial revolution we’ve been waiting for. Buckle up, the bull run’s coming.
Bitcoin (BTCUSD) Sell Limit Trade IdeaTRADENATION:BTCUSD Bitcoin has formed a double top pattern, confirmed by a breakdown below 89,199, signalling potential for further downside. Additionally, a bearish flag breakdown in recent sessions suggests continuation lower.
This morning’s gap down highlights market weakness, but a fill of this gap at $83,543 may offer an ideal entry for short positions.
Trade Details
Entry (Sell Limit): 83,543
Stop Loss: 87,992
Take Profit: 70,613
Risk/Reward Ratio: 2.9:1
Key Levels
Resistance:
R1: $83,543 (Entry Point)
R2: $85,819
R3: $88,767
Support:
S1 : 76,590
S2: 70,531
S3: 63,411
Technical & Fundamental Factors
✅ Double Top Formation – Breakdown below 89,199 confirms bearish momentum.
✅ Bearish Flag Breakdown – Indicates continuation of the current downtrend.
✅ Gap Lower – Signals further weakness; gap fill at 83,543 offers a selling opportunity.
⚠️ Smart Money Not Buying – Commercial participants are selling Bitcoin, suggesting a lack of institutional support.
Summary
This setup offers a high-probability short opportunity at 83,543, targeting a move down to 70,613, with a stop at 87,992. The combination of technical breakdowns and weak institutional demand supports a bearish outlook.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTC - Lots of options going into the new week!In this BTCUSDT 4-hour chart analysis on Bybit, we see price action reaching a crucial decision point. Key Fibonacci retracement levels, a Fair Value Gap (FVG), and the Golden Pocket zone indicate potential movements ahead. Will BTC break down, retrace to fill the imbalance, or rally toward the golden pocket? Let’s analyze the key levels.
Key Observations:
🔹 Golden Pocket Resistance: The highlighted yellow zone marks the 0.618 - 0.65 Fibonacci retracement of the greater downtrend, a well-known high-probability reversal area. If BTC reaches this level, we could see strong resistance.
🔹 Fair Value Gap (FVG): The blue zone represents an unfilled imbalance left behind during the recent downward move. If BTC retraces, it could fill this gap before deciding on the next direction.
🔹 0.618 - 0.65 Fib Support: The price is currently hovering near a local golden pocket support area. A strong reaction here could trigger a bullish move. However, failure to hold this level could send BTC lower.
Potential Scenarios:
1️⃣ Bullish Breakout: BTC bounces from the current level, fills the FVG, and continues upward to test the golden pocket resistance. A breakout above this zone could confirm a bullish trend shift.
2️⃣ Short-Term FVG Fill & Rejection: BTC moves up to fill the FVG but faces selling pressure, leading to another bearish move before a larger decision point.
3️⃣ Bearish Breakdown: BTC fails to hold the local support and breaks downward, continuing the broader downtrend toward lower liquidity zones.
What’s Your Prediction?
Which scenario do you think is most likely—1️⃣ Bullish Breakout, 2️⃣ FVG Fill & Rejection, or 3️⃣ Bearish Breakdown? Comment below and let’s discuss! 🚀📉📊
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 . What to expect next ????I have seen in the past when the buy side impulsive move start becoming shorter. You can expect a retracment back to key levels. Its very likely that bitcoin will go down to 70K. And its not surprising it will go to 60k. Let see. This is want i think will happen.
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.
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).
