Get started

Bitcoin (Cryptocurrency)

Coinbase Global Inc. Bullish Confirmed Confirms Bullish BitcoinCOIN's chart looks very similar to Ethereum. Today's action reveals something great; bullish confirmed. Always, since this stock started trading, it has been moving as a unit together with Bitcoin and the entire Cryptocurrency market. When Bitcoin is bullish, Coinbase is bullish. When Bitcoin is bearish, Coinbase is bearish and vice versa. Here we have a very strong, high volume bullish breakout on COIN. This means that Bitcoin, Cardano, Ethereum, XRP, Dogecoin, Avalanche and the rest of the Cryptocurrency market is about to break bullish really strong. There was a low point 7-April 2025. The same with the projects I just mentioned above. Here this 7-April low marks a double-bottom compared to September 2024. After this low, the recovery starts and we have a strong rise. In late May, there is a price peak and we enter a consolidation phase, in this case a small retrace. The chart is identical to ETHUSDT. After a strong higher low, some minor bearish action with no bearish pressure, Coinbase is going up. You can expect the exact same dynamic happening to Bitcoin and all the Altcoins. Bullish confirmed. The market will resolve green. Today Coinbase hits the highest price since February 2025. Namaste.
NASDAQ:COINLong
by MasterAnanda
2
Bitcoin Tests Key Support-Healthy Correction Within Bull MarketHealthy Pullback, Strong Structure: Bitcoin’s recent dip is a constructive correction within a broader bull trend, as it tests the critical $100,000–$105,000 support zone—a former resistance area from early 2025. Institutional Demand Holds the Line: Maintaining levels above the psychologically important $100,000 mark highlights continued institutional accumulation and reinforces the underlying strength of the trend. Momentum Reset, Base Building: This pullback has helped reset overbought conditions from the prior rally, laying the foundation for the next potential leg higher. Key Levels to Watch: Support: $100,000–$105,000 Breakout Trigger: A close above $108,000 would confirm uptrend continuation Outlook: Bullish bias remains valid as long as support holds Investor Opportunity: With structure intact and downside contained, this consolidation presents a favorable risk-reward setup for long-term investors looking to position ahead of a potential breakout. #Bitcoin #BTC #CryptoMarket #TechnicalAnalysis #SupportAndResistance #BullMarket #RiskReward #InstitutionalBuying #MarketOutlook #PriceAction
BITSTAMP:BTCUSD
by Richtv_official
Bitcoin at Risk: Will Geopolitical Tensions Push BTC Below $90K?By analyzing the #Bitcoin chart on the weekly timeframe, we can see that the price continued its correction amid rising tensions and conflict between Iran and Israel, dropping to as low as $98,000. Currently, Bitcoin is trading around $101,000, and if these tensions escalate further — especially if Iran decides to close the Strait of Hormuz — it could significantly impact global markets, and Bitcoin would not be an exception. If BTC fails to hold above $100,000 by the end of the week, a continuation of the drop toward $90,000 is possible. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
by ArmanShabanTrading
2
USDT.D LONG - MID TERM PLANUSDT.D is one of the best tools to understand what's happening in the crypto market. It shows the dominance of USDT across the entire space — and has a strong inverse correlation with BTC and crypto assets. Technicals: USDT.D is approaching its long-term support trendline. I expect a deviation below that line — possibly toward the 0.75 Fibonacci level — before a strong move up. That move could last 1–3 months, which means more downside for alts during this time. Plan: Shorting altcoins — especially ETH-related tokens and memecoins. Looking to buy back around early August.
CRYPTOCAP:USDT.DLong
by UA_CAPITAL
9
Mechanical rangesMany traders will talk about things like "Smart Money Concepts" (SMC) and think they have found something new. The truth is, everything in trading stems back to Liquidity. There is no "Algo" nobody is out to get you specifically. The market is always right, where you position yourself is your own choice. I have written several posts on mechanical trading, recorded a number of streams. The more mechanical you can make the process, the less the emotions have a chance to kick your ass. Let me give you a very simple method of being able to identify the ranges. Ignore the timeframes as this will work on any of them, on most instruments. (I say most, as some behave differently due to how it attracts liquidity). Lets assume high end crypto such as Bitcoin (BTC) and of course Forex in the general sense, stocks, commodities etc. This is simple - only 2 rules. You start by zooming out and giving yourself a general feel for the trend. Let's say this looks to be an uptrend - we now need to understand the rules. An opposing candle can simply be defined by a different colour. If the trend is up (Green) and we see a red candle - then it's an opposing candle. The inverse is true, if we are down and the trend is Red. Then a Green candle would be opposing. This is only half of the story. The second rule is a pullback candle or even a sequence of candles. This simply means either the very same opposing candle that doesn't make a new high or low (depending on the trend up not making fresh highs or down not taking new lows). In this image, you can see we have in one candle both an opposing and pullback in one candle. This means we can now mark the high of the range. Working backwards to identify the swing range low. This easy method means I can draw a range exactly the same and mechanically every single time. Giving me a mechanical range. We could then get a lot more technical by looking for liquidity, 50% of the range or places such as supply or demand areas. But these are all for other posts. For now, getting a range on the higher timeframes means you can work down and down into a timeframe you are likely to want to trade on. These ranges will give clues to draws and runs of liquidity. This will also help identify changes in the character and fresh breaks of structure. Here's another post I posted on the mechanical structures and techniques. More in the next post. Have a great week! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principal trader has over 25 years' experience in stocks, ETF's, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Education
by Mayfair_Ventures
11
BTC Textbook Elliot Waves!CRYPTOCAP:BTC local analysis hasn't changed in a few weeks. Price printed another text book Elliot motif wave, with the wave 4 triangle terminal pattern ending in the usual thrust up with a poke above all time high. Price is also printing a textbook ABC for wave 2 with 5 waves down for A, 3 waves up for B and a strong wave C down to finish. Wave C's are always the strongest. Pattern suggests price has one more push lower to complete this corrective wave tapping the quadruple support: S1 daily pivot, ascending daily 200EMA, major support High Volume Node (HVN) and 0.5 Fibonacci retracement at 92-94k range. Most investors are publicly calling for buys in this area so price may be front run by the whales! The consensus often do not get what they want. Safe trading
BITSTAMP:BTCUSD
by Maddox_Metrics
BITCOIN Is this just a giant Bull Flag??Bitcoin (BTCUSD) saw a strong sell-off yesterday in the aftermath of the U.S. strike in Iran and fears of retaliation, but in later hours recovered some of the lost ground. The recovery is being extended into the Asian and early E.U. hours today and the emerging Channel Down pattern already draws strong similarities with the one in December 17 2024 - January 13 2025. Both broke below their respective 1D MA50 (blue trend-lines) to form a Lower Low, which in the case of Jan 2025, it initiated a rebound that tested the All Time High (ATH) Resistance. See also how similar their 1D RSI patterns are, testing the same Support level too (41.20). Given that this time the uptrend has been much shorter since the April 07 2025 Low, this Channel Down may be nothing but a giant Bull Flag in the middle of a standard Bull Cycle Leg. Until confirmed with a 1W candle closing above the ATH Resistance though, the medium-term Target is $111900. Notice also the formation today of a 1D MA100/200 Bullish Cross, the first since November 13 2024. So what do you think? Is $111900 your short-term Target? 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
Bitcoin - Will Bitcoin Lose $100K Support?!On the four-hour timeframe, Bitcoin is below the EMA50 and EMA200 and is in its short-term descending channel. One can look for buying opportunities for Bitcoin from the channel bottom. If the resistance level is broken, the path to the rise and its reach to the level of $107,000 will be prepared for Bitcoin. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market, and capital management will be more important in the cryptocurrency market. If the downward trend continues, we can buy within the demand range. Bitcoin has been in the spotlight again in recent days, especially as its price fluctuates within the psychologically important range of $101,000-$102,000 and its fundamental indicators are sending mixed signals. The first and perhaps most important element in Bitcoin’s fundamental analysis is the accumulation trend by large financial institutions and corporations. According to data published by websites such as CoinShares and the Financial Times, more than $87 billion worth of Bitcoin is currently held by companies such as MicroStrategy, Tesla, Block, and ETFs, which is approximately 3.2% of the total BTC supply in circulation. This clearly shows that Bitcoin has established itself as a store of value in the portfolios of professional investors, although there is still no consensus on its function as a “digital gold”. In this regard, analysts such as Román González of A&G have predicted that Bitcoin could reach the $200,000 range by the end of the year; on the other hand, some more conservative analysts such as Jacqui Clarke believe that Bitcoin still lacks measurable intrinsic value and should not be viewed solely as an alternative asset. This conflict of views shows the depth of complexity in analyzing Bitcoin. From the perspective of onchain, or intra-network data, the picture looks a little more cautious. The volume of active addresses last week was in the 1.0-1.1 million range, which is lower than in previous bullish periods (such as late 2021). Also, the MVRV (Market Value to Realized Value) index, which measures the potential profit potential of investors, fell slightly from 2.29 to 2.20, indicating that the market is somewhat cooling off from the short-term heat. Also, on June 22, more than 5,200 Bitcoins were removed from exchanges, which is usually a sign of long-term accumulation and a decrease in short-term selling pressure. On the other hand, Bitcoin’s behavior in the face of geopolitical crises shows signs of a change in the dominant market narrative. During the recent tension between Iran and Israel, Bitcoin fell by nearly 4%, unlike gold, which experienced significant growth. This challenges the assumption that Bitcoin is a “hedging” or “safe haven” asset and shows that BTC is still registered more as a risk-on asset in the minds of market participants. This is considered very important as investors look for tools to hedge inflation or protect against economic shocks. In terms of correlation with traditional markets, Bitcoin is also on a path to further integration with classic assets. The 30-day correlation index between Bitcoin and the S&P500 is now around 0.78, and academic studies predict that the correlation will grow to 0.87 at some point in 2024. This means that Bitcoin’s movements are more aligned than ever with the Federal Reserve’s monetary policy, interest rates, stock market conditions, and global liquidity flows. Therefore, in the current situation, the impact of US macro data or central bank decisions plays a decisive role in Bitcoin’s volatility. Finally, Bitcoin price prediction models in recent days also reflect this complexity. Websites such as Bitfinex, Changelly, and analysts from institutions such as Brave New Coin have estimated that Bitcoin could reach the $125,000-$135,000 range this summer if macroeconomic conditions remain stable, and even if institutional capital continues to flow and there are no macro crises, reaching $150,000 by the end of the year is not out of the question. However, such scenarios require maintaining the current level of liquidity in the market, the absence of drastic tightening measures by the Federal Reserve, and the control of geopolitical risks. In short, Bitcoin is in a situation where, on the one hand, its supporting fundamentals are stronger than ever; With institutional inflows, accumulation of long-term addresses, and reduction of inventory on exchanges. On the other hand, the market remains highly vulnerable to macroeconomic and political risks and continues to show volatile reactions. This situation has led to Bitcoin becoming not only a speculative tool or growth investment, but also gradually becoming a part of professional portfolios with a carefully composed risk management mix. Its medium-term outlook is positive, but with one important condition: stability in global inflation and continued institutional capital flows.
COINBASE:BTCUSDLong
by Ali_PSND
Bitcoin's Failed 60-Day Cycle: Relief Rally Before More DownsideBitcoin has officially failed its current 60-day cycle by breaking below the previous cycle low on June 5th, touching $100,000. This marks a key structural shift that traders should not ignore. 📉 What’s Next? Likely Scenario: The highest probability setup now is a relief rally toward the Stoch RSI highs on the 1-Day and 3-Day timeframes, followed by a move downward into the 60-day cycle low, projected to form between late July and early August. This aligns with a potential retest of the Value Area Low from April, a key support zone to watch. 📈 Upside Target: If we do see bullish continuation in the short term, the main upside target is $105,000. This level is significant as it clusters three Weekly Point of Control (POC) levels from May and June, making it a high-liquidity magnet for price. Historically, Bitcoin tends to gravitate toward these levels when several align closely. 💼 Current Positioning: I’m currently long BTC and ETH, and I’m watching closely for Stoch RSI to top out on the 1-Day and 3-Day timeframes. I’ll look to reduce or exit those positions as we approach those cycle peaks. 🔔 Pro Tip: Price often seeks out stacked POC levels. If you’re a volume profile trader, keep $105K on your radar. 📌 P.S. For access to my custom indicators and deeper cycle analysis, check the description in my profile.
BITSTAMP:BTCUSD
by TheStrategyMaster
Bitcoin H4 | Pullback resistance at 61.8% Fibonacci retracementBitcoin (BTC/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 103,844.00 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement. Stop loss is at 107,000.00 which is a level that sits above the 78.6% Fibonacci retracement and a pullback resistance. Take profit is at 99,546.32 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:BTCUSDShort
by Tradu
Bitcoin Under PressureBitcoin remains mired in a bearish trend as price action struggles below key moving averages—the 50-day, 100-day, and 200-day—all of which point to sustained downside pressure. On the higher timeframes, a clear descending trendline from the April–May highs remains firmly intact, reinforcing the macro downtrend. The Relative Strength Index (RSI) continues to hover in the neutral-to-lower zones, with recent bounces still failing to cross bullish thresholds. A short-term relief rally emerged post-news volatility, with price attempting to retest the supply zone between $103.9K and $104K—a region of confluence with bearish Fibonacci levels and previous order blocks. However, rejection at this level could set the stage for a further breakdown, targeting the $96.3K–$95.5K range. In the 1-hour and 4-hour timeframes, Fibonacci retracements and a climbing RSI suggest short-term relief is plausible, but a lower high formation would confirm continued bearish control. BTC remains technically vulnerable despite short-term bounces, while geopolitical events and U.S. policy narratives shape market sentiment. Yet behind the volatility, continued ETF inflows, stablecoin stability, and altcoin resilience signal a market that, while cautious, remains fundamentally engaged. Traders and investors alike should stay focused on key resistance levels for BTC, monitor developments in Middle Eastern tensions and U.S. crypto policy, and watch ETF and stablecoin flows as barometers of broader market conviction.
Short
by lesnermj
Checking the trend change after the volatility period Hello, traders. If you "Follow", you can always get the latest information quickly. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) This volatility period is expected to last from June 21st to 23rd. Therefore, it is necessary to check the trend formed after the volatility period. The 99705.62 point is the HA-High indicator point of the 1W chart, so it is important to see if there is support near this point. If it falls without support, it may fall to around 89294.25. The 89294.25 point is the HA-Low indicator point of the 1D chart. Since the M-Signal indicator of the 1W chart is rising to around 99705.62, the area around 99705.62 is likely to play an important role as support and resistance. Even if it turns upward, it must rise above the HA-High indicator point of 108316.90 of the 1D chart to maintain the price. If not, it is likely to fall again. - The fact that the HA-High indicator was created means that it fell from the high point range. In other words, if it falls below the HA-HIgh indicator point, it is likely to start a downtrend. However, since the HA-High indicator is an intermediate value, if it is supported near the HA-High indicator, it is possible to show a stepwise upward trend. The end point of the high point is the DOM (60) indicator. Therefore, it should be interpreted that it has risen above the high point section only if it rises above the 111696.21 point. Therefore, depending on how the 108316.90-111696.21 section is broken upward, an upward trend can be predicted. ---------------------------------------------------------------------- There are auxiliary indicators OBV indicators made of Low Line ~ High Line channels and PVT-MACD oscillator indicators. The OBV indicator made of Low Line ~ High Line channels is an indicator that can see how the channel is structured, and whether OBV falls below the Low Line of the channel or rises above the High Line. Therefore, you can predict the future trend based on the channel pattern. - The PVT-MACD oscillator indicator is an indicator created by adding the Close value dash PVT value to the MACD formula. Therefore, it shows a similar appearance to the MACD oscillator indicator. The reason for looking at the PVT-MACD oscillator indicator is to find out how the trading volume flows. There are many trading volume indicators, but I think this PVT-MACD oscillator indicator reflects the trading volume flow well. - However, you should look at the support and resistance points where the changes in the movement of the PVT-MACD oscillator indicator, the OBV indicator created by the Low Line ~ High Line channel, and the StochRSI indicator occur. If the changes in these indicators occur near the DOM(-60), HA-Low, HA-High, and DOM(60) indicator points, it can be of great help in creating a trading strategy. The DOM(-60) indicator indicates the end point of the low point. That is, falling below the DOM(-60) indicator means that it has entered the low point range, and there is a high possibility that it will show a full-scale downtrend. The fact that the HA-Low indicator was created means that it has left the low point range. That is, if it rises above the HA-Low indicator, it means that there is a high possibility that an uptrend will begin. However, since the HA-Low indicator is an intermediate value, if it encounters resistance and falls, it is possible that it will show a stepwise downtrend. Therefore, whether there is support in the DOM(-60) ~ HA-Low range is important. - Currently, the OBV indicator created as the Low Line ~ High Line channel has fallen below the Low Line. Therefore, we need to look at whether the Low Line ~ High Line channel will change to a downtrend channel in the future. We need to look at whether an 'M'-shaped pattern indicating a trend change occurs. Since the PVT-MACD oscillator indicator is still below the 0 point, it can be seen that the selling force is dominant. However, since the oscillator is maintaining an upward trend, you can see that the overall selling pressure is decreasing. Even so, since it is located near the HA-High indicator, the resistance in the HA-High ~ DOM(60) section is expected to be considerable. - Support and resistance points should be drawn on the 1M, 1W, and 1D charts. This will increase accuracy. However, since the standard time frame chart for all indicators is a 1D chart, it is most important to check the flow of the 1D chart. - You may think it is difficult because you have to look at multiple indicators at once. The most important thing is to look at the movement when approaching the HA-Low or HA-High indicator. The reason is that the basic trading strategy is to buy near the HA-Low indicator and sell near the HA-High indicator. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​Here is a description of the big picture. (3-year bull market, 1-year bear market pattern) I will explain more details when the bear market starts. ------------------------------------------------------
by readCrypto
3
Bitcoin Weekly, Not Good But... Opportunities AboundI cannot say about the weekly timeframe the same I said for the daily, the situation here is different. The chart looks bad. The weekly close changes nothing. If Bitcoin moves and closes weekly above $106,000, this can be good news, but any trading below this level has bearish potential. It can be a period of bullish consolidation but the bearish potential cannot be ignored. So, I will keep it short. Bitcoin remains in doubt on the weekly timeframe. Bullish above $100,000. Bearish below $100,000. It has been six weeks with Bitcoin moving with basically no change. Last week's action did produce some loses for some traders, but for us the market remains the same. We focus on the altcoins, ignore Bitcoin for now, there is no growth and the action is still happening near resistance; at short-term support but overall, closer to a top than a bottom. It is risky to say the least. Many altcoins are trading at bottom prices and growing strong. We go for the low risk vs high potential for reward chart setups. We don't mind the market shaking, evolving or reacting to some geopolitical event, we do care about making the right choices... Focus on the altcoins for now, and for long... Hold on. I shall give you more information. Bearish action is indeed present but still weak. Bearish volume is very low. The fact that more than 1B worth of leveraged positions were liquidated calls for a pause. Each and every time this amount of money is taken out of peoples hands and transferred to the exchanges, the market changes direction. Regardless of the signals, the bigger picture or the long-term. This is a huge transfer, the whales are getting richer, retail is getting rekt. So, the market is likely to shake some more. This is only because Bitcoin is trading way too high and hasn't produced any significant retrace after considerable growth. Again, we buy those trading low near support. We sell those trading high near resistance. As long as this is the MO, we are sure to win in the long-run. I wouldn't want to buy-long a project that is crashing when there are others growing, yet to grow and with huge potential for growth. Remember, the market is big now, Bitcoin is very strong above 100K. It can happen that Bitcoin goes on a retrace while the altcoins move ahead. Money flowing out of the big projects reaches the smaller projects, classic bull market dynamic. Nothing surprising; opportunities are endless. Thanks a lot for your continued support. Namaste.
by MasterAnanda
Bitcoin Daily Bearish: If 100K Breaks, 80KBitcoin being bearish is only true if the $100,000 support level breaks. If it breaks expect the market to dive down, deep and fast and reach around $82,500 or $88,888. But this is only if the support breaks. If support holds, as it is doing so far, then you can expect higher prices in the coming weeks. If support breaks, the flush is likely to be super fast and strong which means that you will still get higher prices in the coming weeks, so the conditions remain the same mid- to long-term, only the short-term is now in question. The bears are putting pressure on the market and many LONGs have been liquidated already. It will be nice to see how it all develops, but it shouldn't take more than two weeks. We are likely in the clear in a matter of days (2-3 days). Do not be afraid if the market shakes, Bitcoin is going up; Crypto will grow, regardless of the short-term. Namaste.
Short
by MasterAnanda
2
Final Shakeout Complete, Bullish On Everything —The Wait Is OverToday the Cryptocurrency market completes its final shakeout. From now on, we are bullish —everything grows (altcoins). This is an early signal but confirmation comes from the fact that many altcoins, specifically stable long-term projects, are moving ahead with force, some growing even three digits in a single day, while Bitcoin is producing a shakeout. There is more. Bitcoin wicked below 100K but is set to close above this level. Even if it closes below a recovery is very likely to follow immediately. At this point, ignore Bitcoin and focus on the altcoins. 👉 We are ultra-hyper bullish on the altcoins market. This is a friendly reminder my friend. The wait is over. Namaste.
CRYPTOCAP:TOTAL2Long
by MasterAnanda
5
Bitcoin Break: Watch 100K Revesal Or Test Of 95K.Bitcoin broke 100K support without any type of retrace attempt (YET). This move which is attributed to global events should not be entirely surprising. Most importantly do not OVERREACT, especially with all the nonsense hype this will generate. Here is a more effective way to process the current situation. Avoid bias and pay attention to the bigger picture. In terms of wave count, Bitcoin can technically retest the 85K area and STILL be considered within a broader Wave 4. This implies the broader structure is still BULLISH (Wave 1 overlap). A swing trade or investing buying opportunity can develop in the 95K area or lower (see illustration). The short term momentum is bearish as per break of 100K. This should guide shorter time frame strategies like day trades. A new bearish trend line is in play (see arrow). At this point without any meaningful reversal pattern in play (4H or above) look for bearish continuation patterns like consolidations (triangles) inside bars, etc. The 95K support would be a price objective to consider if you are open to aggressive short strategies. Keep in mind, shorting into such a low is HIGHLY risky and best suited for those who have adequate experience. This situation proves once again, "expert" opinions mean nothing. A few short weeks ago, Bitcoin was poised to break out and everyone was going to be rich again (remember the Bitcoin conference?). So much for that. The market does NOT care what you, me or Michael Saylor thinks. It reflects the perception of the future, whether or not that future plays out. This is precisely why CHARTS can offer value in terms of measuring potential and RISK. You don't even need to be that technical, just take a look at the weekly time frame. The previous week's bearish pin bar low was broken signaling weakness, NOT Bitcoin 100 million K. Thank you for considering my analysis and perspective.
COINBASE:BTCUSD
by MarcPMarkets
9
Perspective -- all basic indicators point DOWNI feel it's easy to get lost in what is happening NOW and forget what has happened OVERALL. Zooming out to a weekly chart and using basic trading indicators, we can see where this is going. Trading Volume: Low Double Top: Confirmed Elliot Pattern: Concluded SMA50 & SMA100: Same setup as Dec 2021 Stochastic RSI: Turning bearish First target: 92 - 93k range Second target: 77 - 78k range Third target: 33 - 34k range I suspect a slight uptick at 93k, but not surprised if it breezes past this onto 78k. Strange that anyone views this as a bulllish movement. This is a clear signal of a bearish market, and if altcoins follow then it'll be a full on crypto winter.
Short
by neuromancer
3
Bitcoin Short-Term Recovery Confirmed Bulls Win!Ranging markets/sideways markets is when traders lose the most money. Always keep this in mind. » Short-term signals are pointing to a recovery right away. » Bitcoin's drop wicked below the 13-June low but the RSI produced a higher low and thus we have a bullish divergence. » Bitcoin's current drop went lower yet the chart reveals lower volume now compared to 13-June. This reveals weakness on the bear camp. This means a recovery will happen next, right away. These are just a few signals but taken together with the altcoins analysis that I showed you and the bigger picture; Ha ha! The bulls win again. Namaste.
Long
by MasterAnanda
15
Bitcoin Daily Update June 22nd 2025Bitcoin daily chart: 🔻 Bearish Signals 1. Break of Rising Trendline: The price has broken below the upward (orange) trendline, indicating a shift in momentum. This trendline had previously acted as support, so the break suggests growing selling pressure. 2. Support Levels: BTC is now hovering just above $99,634, which appears to be a key short-term support. The next major support is around $93,363 — a break below that could open the door to mid $80K or even $71K (0.786 Fibonacci level). 3. Market Cipher Indicator (middle panel): The momentum wave is clearly descending, and VWAP (green) is curving down. The money flow (red) is negative. Bearish dots and crosses are appearing. 4. Stochastic RSI (bottom panel): Both %K and %D lines are dropping sharply below the 20 line, suggesting downside momentum is strong. No sign of bottoming out yet. 🟡 Neutral/Bullish Watch Points If BTC holds $99.6K and reclaims $100,115 or $104,616, it could neutralize or reverse this bearish setup. RSI is not oversold yet, so room remains for further downside before any strong bounce. 📉 Summary: BTC is currently bearish on the daily chart with: Breakdown from an uptrend. Weak momentum. Declining oscillators. Support tests underway. If $99.6K fails, eyes shift to $93.3K, and below that, $86.5K–$71.9K as potential zones. .... 🔻 Primary Trade Setup (Bearish) ⚙️ Type: Short Position ⏰ Timeframe: Daily 📉 Strategy: Trendline break and momentum continuation Entry: Below $99,500 (confirmation of trendline breakdown & continuation) Targets: 1. Target 1: $93,363 — Previous support level 2. Target 2: $86,500 — Next horizontal support 3. Target 3: $71,949 — Major 0.786 Fibonacci level (high confluence) Stop-Loss: Above $100,600 (to avoid fakeout wicks) Or tighter: $100,150 (for smaller R:R) Risk-to-Reward (R:R): Entry: ~$99,500 SL: ~$100,600 → ~1.1% risk TP1: ~$93,300 → ~6.2% reward R:R ≈ 5.6:1 (to TP1) — solid risk profile 🔄 Alternate Plan (Bullish Reversal Setup) ⚙️ Type: Long Position (Only IF price reclaims broken levels) If BTC reclaims $100,600 and closes above $104,616, trend could resume up. Entry: Break and daily close above $104,616 Targets: 1. $110,616 — recent resistance 2. $112,000 — psychological + historical zone Stop-Loss: Below $100,600 Invalidates upward breakout 📊 Indicators to Watch: VWAP: Still pointing down (bearish bias) Money Flow Index: Still in red (risk-off) Stochastic RSI: Resetting near bottom — could support bounce later Much love and appreciation, – chevs710
COINBASE:BTCUSD
by chevs710