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Bitcoin (Cryptocurrency)

BTC/USDT Price Analysis: Reversal or More Downside?: 📊 BTC/USDT 2-Hour Chart Analysis 🔻 Current Trend: BTC is in a downtrend 📉, trading below the 30 EMA (🔴 84,270 USDT) and 200 EMA (🔵 88,644 USDT). The price is currently 82,406 USDT and approaching a key support zone (🟣 ~80,000 USDT). Support & Resistance Levels 🟣 Support Zone (~80,000 USDT) – Possible bounce area ⬆️ 🟣 Mid-Resistance (~86,000–88,000 USDT) – First hurdle 🚧 🟣 Major Resistance (~96,000 USDT) – Final target 🎯 Possible Price Movement (🔵 Blue Line Projection) ✅ Bullish Case: If BTC bounces off support 🏋️, it could move towards 88,000 USDT 🚀 and then 96,000 USDT 🎯. ❌ Bearish Case: If BTC breaks below 80,000 USDT, we might see more downside ⚠️. 💡 Trading Tip: Watch price action 📊 at support & resistance. Look for confirmation signals ✅ before entering trades. 🚀 Are you bullish or bearish on BTC? 🔥
Long
by EA_GOLD_MAN_COPY_TRADE
Bitcoin major downside still to $47,987 - But 200MA holding!Bitcoin has been very unstable this year, probably due to the new Administration. MIGHT be due to the influx of regulations or government transactions. MIGHT be due to Demand and Supply changes. MIGHT be due to the volatility between countries. Regulatory Worries 🏛: Fears about stricter rules and crackdowns are making investors jittery. Profit-Taking 💰: Some holders are cashing out their gains, which puts downward pressure on prices. Market Volatility 🎢: Wild swings in crypto and broader markets are unsettling buyers and sellers. Tech Troubles & Security Concerns 🔒: Hiccups with blockchain tech and news of hacks can trigger sell-offs. Crypto Market Slump 📉: A broader downturn in the crypto space is dragging Bitcoin's value down. TECHNICALS: M Formation as I showed last time and this is the update. Price<20 but >200MA - This is a CONCERN for the analysis because the 200MA is the Mother of all Moving Averages that Millions of crypto traders and enthusiasts look at. Target $47,987 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATIONSB:BTCUSDShort
by Timonrosso
BITCOIN - WHERE ARE WE? When zooming out and looking at the Bitcoin chart, despite how crazy the market has been in recent weeks it comes down to a simple market structure with three separate clearly definable ranges: RED RANGE (Accumulation) - From FEB '24 until the US election BTC chopped in primarily the top half of a range with five separate midpoint retests with progressively shallower rallies that eventually broke out with a catalyst from the political world. BLUE RANGE (Expansion) - After a 10 month accumulation range the next phase in the bull cycle was expansion, a rally above ATH and into price discovery. An extremely thin inefficiency rally. Now price currently is at the midpoint of this range and despite the geo-political waterfall of bad news BTC has held up better than I had expected given that usually a rally that goes straight up has no support levels on the way back down. The chart does suggest a retest at $73,700 at some point before deciding which direction to go in after that. GREEN ZONE (Distribution) - For the last 3 months Bitcoins price has been extremely volatile, bouncing between $91-108K, the range containing price perfectly with weekly retests of the range bottom and a swing fail of the range high. That SFP set off the beginning of BTCs sell-off eventually breaking through the bottom and back into the blue range. With Bitcoin at the midpoint of the middle range it's a perfect time to have a data release in CPI, A volatile news event that can be a catalyst for a larger market move and with Tradfi selling off, this CPI is the most important of the Trump administrations term so far: CPI DAY PREVIOUS: 3.0% FORECAST: 2.9% ACTUAL: ?? Bullish - sub 2.8% print. At least the market sell-off is having a positive effect on inflation and isn't painful for no reason. BTC reclaims blue midpoint with a view to retest blue high. Bearish - 2.9% or higher. Market sell-off hasn't has an immediate effect on inflation so the sell-off is bad in all aspects, except for the Trump admin moving closer to their wish of a weaker dollar and lower interest rates. FWB:73K blue range bottom retest on the cards.
by ProR35
1
Bitcoin Tests Resistance: Will the CME Gap Get Filled?Bitcoin ( BINANCE:BTCUSDT ) continued its downward trend as I expected in the previous post , but over the past 12 hours , Bitcoin has started to increase from Potential Reversal Zone(PRZ) . The question is whether this upward trend will continue in the past few hours or not !? ------------------------------------------------------------------------- JOLTS Job Openings & Its Potential Impact on Bitcoin The JOLTS Job Openings report will be released today, March 11 . It provides key insights into the U.S. labor market . This data can influence the Federal Reserve’s monetary policy stance , impacting risk assets like Bitcoin. Potential Impact on Bitcoin : Higher-than-expected job openings : Signals labor market strength, increasing the likelihood of Fed tightening → Bearish for Bitcoin Lower-than-expected job openings : Suggests labor market weakness, increasing the odds of rate cuts → Bullish for Bitcoin Historical Influence : In previous months, JOLTS data has triggered volatility across financial markets, including crypto. For instance, a sharp decline in job openings last year led to a weaker dollar and Bitcoin rally. Conversely, stronger-than-expected job numbers have reinforced hawkish Fed expectations, pressuring Bitcoin. I believe there's a higher probability that the JOLTS report will come in weaker than expected, which could lead to a short-term rally in Bitcoin and gold. However, if the report is stronger than anticipated, we might see temporary selling pressure in the market. What is your idea!? Today's positive news was " Trump Plans Order to End Crypto Banking Restrictions ". In general, Trump's statements no longer affect the crypto market as much as before. Do you agree with me? ------------------------------------------------------------------------- Now let's take a look at the Bitcoin chart on the 1-hour timeframe and use technical analysis tools . Bitcoin is moving in the Resistance zone($84,130_$81,500) and near the 200_SMA(Daily) . According to Elliott Wave theory , Bitcoin has completed five down waves , and we should wait for the next up waves . One of the signs of the end of wave 5 is the presence of a Regular Divergence (RD+) between two consecutive valleys . According to the above explanation , I expect Bitcoin to re-attack the Resistance zone($84,130_$81,500) after a downward correction and attempt to fill the CME Gap($86,400_$84,200) . Note: If Bitcoin can move above $87,200, we can expect the start of an uptrend. Note: We should expect a bigger drop if Bitcoin falls below $72,000. 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.
Long
by pejman_zwin
18
BITCOIN Cycle pattern completed. Year-end Target locked at $150kBitcoin (BTCUSD) is showing the first signs of life after nearly testing the 1W MA50 (blue trend-line) early this week. Whether this leads to a full on recovery or not, can been partially answered by this Cycle's price action so far. Historically we do know that BTC's Bull Cycles so far tend to peak towards the end of their 3rd year and that's 2025. This Cycle has been predominantly trading within a Fibonacci Channel Up, since its very start, the November 2022 bottom. Its 1W MA50 has been supporting since the March 13 2023 break-out, so it's been exactly 2 years of holding and throughout this time period has provided two excellent buy opportunities. As you can see, the Channel Up can be classified into two main Phases so far: each has a Primary correction (red) of more than -30% drop, followed by a rally (blue), then a Secondary correction (yellow) of more than -20%, followed by the second and last rally (blue). All rallies have so far been around +100%. Based on this model, we are now on the Secondary correction of Phase 2. Notice that all corrections (either primary or secondary) hit or approached apart from the 1W MA50, the 0.382 Fibonacci retracement level from their previous Low. This is actually the first time that the price has marginally broken below the 0.382 Fib. At the same time, the 1D RSI almost got oversold last week (34.50) and according to the August 05 2024 (Higher) Low, this is were a series of RSI Higher Lows would be a signal of a new bottom formation. The bottom and recovery process may take a while though, another 4-6 weeks. According to the Time Fibs (blue dashed vertical lines), each correction (whether primary or secondary) has ended at or a little before the 1.0 Fib with the 0.0 being the bottom of the previous one and 0.5 Fib the Top of the rally. Based on this, we can expect the new rally to start by the week of April 28 the latest. So now as to how high this can get, if it repeats the 'weakest' rally of the Channel's three so far, it should rise by +95.95%, which gives us a straight price of $150000 as a Target. If the rally symmetry also holds, this should come by late September, perfectly aligning with Bitcoin's historic Cycle expectation for the final year. Do you think that will be the case? Recovery starting within 4-6 weeks and if so, are you expecting $150k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
16
AMERICA'S BITCOIN MINER: CLEANSPARKThe chart for Ethereum Futures is showing a promising inverse head and shoulders pattern. This indicates a potential turnaround for the struggling bitcoin mining industry. It appears that miners are behaving more like altcoin investors rather than taking a leveraged stance on Bitcoin. This shift suggests that their fortunes are more closely tied to the performance of Ethereum rather than Bitcoin itself. Here’s what you should be aware of: CleanSpark (#CLSK), is set to be added to the S&P SmallCap 600 index on March 24. This index features smaller publicly traded companies in the U.S. that have a market cap exceeding $1 billion and fulfil certain financial requirements. Being included in this index may enhance CleanSpark’s visibility, boost its trading volume and liquidity, and draw in more institutional investors. CleanSpark is the second crypto miner to be added to the index after peer Marathon Digital was added to the list last year. Companies in the index typically benefit from increased trading volume and improved liquidity, making their shares more accessible to a broader pool of investors. "CleanSpark's inclusion enhances visibility within the investment community," CEO Zach Bradford said in the announcement. “Our inclusion enhances visibility within the investment community and gives us an opportunity to demonstrate the value of being a pure play, vertically integrated Bitcoin mining company and making exposure to our model more broadly available." CleanSpark operates bitcoin mining facilities across the U.S., focusing on energy efficiency and cost-effective power sources. The company has expanded its operations over the past year with the acquisition of peer GRIID Infrastructure.
NASDAQ:CLSKLong
by BallaJi
Crypto Total Market Cap (CRYPTOCAP:TOTAL) As of March 12, 2025, the Total Crypto Market Cap sits at 2.63T USD. Let’s dive into the monthly chart for a technical breakdown: Since 2016, price has been moving within a long-term ascending channel. Right now, we’re testing the lower trendline support zone (2.4T - 2.5T). This level has historically acted as a strong base – both the 2017 and 2021 bull runs kicked off from similar support zones. Volume profile shows a 15-20% increase over the past 3 months, indicating growing buyer interest and improving market liquidity. RSI is at 40 (neutral zone), not yet in oversold territory but signaling a potential base for a recovery. Bullish Scenario: If the 2.5T support holds, we could see a move toward the channel’s midline (3T - 3.5T range), potentially retesting the 2021 highs above 3T. Bearish Risk: A break below 2.5T could lead to a deeper pullback toward 2T, so keep this level on your radar. 💡 My Take: I believe we’re either at the bottom or just a few weeks away from the start of a new uptrend. April could mark the beginning of a bull run, signaling the end of the bloodbath – at least based on the technicals of the Total Market Cap. What’s your view? Will the 2.5T support hold, or are we in for another correction?
CRYPTOCAP:TOTAL
by Enes_Ibraimi
Appetite For Risk Through the Lens of Nasdaq and BitcoinBitcoin tends to track Wall Street sentiment well, particularly compared to the Nasdaq. Growing concerns that Trump's policies will tip the US (and therefore the global economy) into a recession, which currently has the Nasdaq on the ropes and bitcoin getting dragged along for the ride. And there could be further losses to follow, though a cheeky bounce at a minimum could be due first. Matt Simpson, Market Analyst and City Index and Forex.com
CME:BTC1!
by CityIndex
2 Options, Keeping it simpleBTC is currently within its long-term ascending channel but has shown strong rejection at the upper boundary (~$100K). A pullback toward the mid-channel support (~$70K-$75K) seems likely, aligning with historical retracement patterns. Indicators Show Weakness: RSI Divergence suggests a slowdown in momentum. MACD hints at a potential bearish crossover. 📉 Key Levels to Watch: Resistance: $95K - $100K (Upper trendline) Support: $75K (Mid-channel), $60K (Lower trendline) 📈 Scenario 1: BTC consolidates and regains strength for a new ATH attempt. 📉 Scenario 2: A deeper correction to the lower trendline before continuation. Needs to really break $95k first.
COINBASE:BTCUSD
by CryptoFallen
Key Resistance Test & Bullish Pattern📊 $BTC/USDT Market Update – Key Resistance Test & Bullish Pattern 📈 CRYPTOCAP:BTC is now testing the red resistance zone, which aligns with the previous Lower High (LH). The price is also forming a bullish pattern, indicating potential breakout momentum. 🔄 If BTC successfully breaks above this resistance: First target: Green line level. Second target: Blue line level (previous resistance zone). 📌 Failure to break the red zone may lead to a pullback before another breakout attempt.
BITSTAMP:BTCUSDLong
by WaveRiders2
Next Volatility Period: Starting around March 15 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1W chart) The key is whether it can receive support and rise near the 2nd section. If not, it is expected to eventually meet the M-Signal indicator on the 1M chart and determine the trend again. As a result, I think it is highly likely that it will meet the M-Signal indicator on the 1M chart near 73499.86. - (BTCUSD 1W chart) This is the second time that the StochRSI indicator has been maintained at the lowest point (0). This means that the decline is strong. In the case of 2014, it formed a bottom section about 15 weeks after that. We will also have to watch to see if the HA-Low indicator on the 1W chart is generated due to this decline. - (BTCUSDT 1D chart) The key is whether it can be supported near the Fibonacci ratio range of 1.414 (79902.66) ~ 2 (80999.68) and rise above 84349.94. If not, I think it is highly likely that the trend will be determined again when it meets the M-Signal indicator on the 1M chart near 73499.86. The next volatility period is expected to start around March 15 (March 14-16) and continue around March 25 (March 24-26). The point of interest is whether it can break out of the downward channel after this volatility period. - Following USDT, USDC is also renewing its ATH. I think this is a sign that a lot of money is flowing into the coin market. Therefore, even if the current coin market falls, if USDT and USDC maintain their gap upward trend, the coin market is expected to recover quickly. Accordingly, we need to think about ways to increase the number of coins (tokens) currently held. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​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 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. - (LOG chart) Looking at the LOG chart, we 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, it is expected that prices below 44K-48K will not be seen in the future. - 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. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to this. If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance. The reason is that the user must directly select the important selection points required to generate 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 to use it for trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
3
BITCOIN Short term Channel Down rebounding.Bitcoin / BTCUSD is having a rebound after the price hit the bottom of the 10 day Channel Down. The bullish wave should attempt at least a +13.73% rise (similar to the previous one) and target 87000. That is the short term bullish plan as the price may be rejected again at the top of the Channel Down. If however the 4hour MA200 breaks, it will be the first time since February 4th and should be enough to restore the long term bullish bias back to the market. Follow us, like the idea and leave a comment below!!
CRYPTO:BTCUSDLong
by TheCryptagon