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Bitcoin (Cryptocurrency)

Doge isn't looking goodDogecoin just crashed to 0.185, and it’s definitely at a pivotal spot right now. Price Action & Key Levels The price is testing a major support zone between 0.180–0.190, a level that’s held firm in the past. If it holds here, we could see a bounce back up. But if it breaks below 0.180, watch out, next stop could be 0.160, a strong support from earlier this year. On the upside, DOGE has been sliding in a descending channel for a while. A break above the upper trendline, around 0.200, might kick off a rally toward 0.220. So, the range to watch is 0.180–0.190 as the floor and 0.200 as the ceiling. Technical Indicators RSI: Sitting at 35, close to oversold. This could tempt buyers to step in soon. MACD: Showing a bearish crossover, which means momentum’s still leaning down, but it’s not crazy strong yet. 50-day Moving Average: DOGE is below it at ~0.195. Reclaiming this level would be a bullish signal. Volume: Spiked hard on the drop (lots of selling), but a big volume push on a bounce could turn things around. Bullish Case: A daily close above 0.195 (50-day MA) or a break past 0.200 could signal a reversal. Bearish Case: A close below 0.180 opens the door to more downside. DOGE often moves with Bitcoin, and BTC’s looking shaky lately, so that’s a headwind. But meme coins like DOGE can defy logic if hype kicks in, keep an eye on social media chatter. For now, set alerts at 0.180 (support) and 0.200 (resistance), and use stop-losses to play it safe. Wait for a clear move before jumping in, this chart’s still deciding its next step.
by MonoCoinSignal
11
UNIVERSOFSIGNALS| Bitcoin Daily Analysis #19👋 Welcome to UNIVERSOFSIGNALS ! Let's dive into the analysis of Bitcoin and important crypto indices. As usual, I will review today's future triggers for the New York session. Today's analysis will be conducted in the 4-hour timeframe, as the 1-hour timeframe does not provide the clarity of price information we need, and the 4-hour timeframe is better suited for today's analysis. ⏳ 4-Hour Timeframe As you can see, after the price broke through the $95,108 area, we witnessed a significant drop on the chart, with the first bearish leg reaching down to $87,070 and subsequent legs moving to lower areas. Currently, the price has reached the support at $78,940 and has been supported there. 🔍 As you can observe, the volume of the price candles is very high compared to the green candles, which clearly indicates that the market's control is heavily skewed towards sellers. ✨ The RSI oscillator, after forming a Double Bottom in the oversell area and returning to the normal zone, re-entered the oversell zone yesterday, which led to another bearish leg after breaking the $83,779 trigger, which I had previously identified for you, and the price then proceeded to perform its next bearish leg. 💥 Currently, we have positions open from the $95,108 and $92,433 areas, and if you have been following and looking to open more positions, you would have also opened positions upon the breaks of $87,070 and $83,779. Given the sharp market downturn, you would have made a considerable profit by now. ✅ I suggest that if you have open short positions from any of the levels that were breached, to take profits and even close the position because it seems the market has completed its downturn and might start correcting or ranging. 🧩 The range I anticipate the price might oscillate within is between $72,940 to $82,700, but keep in mind that these analyses are my personal opinion, and the price could break the $78,940 area and perform its next bearish leg at any moment. In that case, I would personally open a short position and ensure to have a short position open in case of a break below $78,940. 🔽 Today, apart from this short trigger, I cannot give you another trigger. This short trigger is very risky, and you should open this position with the minimum risk your strategy allows. 👑 BTC.D Analysis As observed in the 4-hour timeframe, BTC.D is currently forming a smaller box between the areas of 60.48 to 60.91 and continues to fluctuate within this box, so no specific trend can be predicted. 🔑 However, if the area of 60.48 breaks, we can be more hopeful for an altcoin rally, expecting that altcoins might recover some of the ground they have lost because, along with Bitcoin's ranging, Bitcoin dominance has been increasing, and altcoins have been bearish for several months. 📅 Total2 Analysis Moving on to Total2, as you can see, Total2 was rejected from the crucial area of 1.13, which I mentioned before, and broke the 1.07 area, currently registering a floor at 1.01. This area was not historically significant, and the price has reacted alongside Bitcoin, so we need to see how Total2 moves. ⚡️ If the 1.01 breaks, you can open a short position, which I will also be doing. However, I will open this position only if Bitcoin dominance turns bullish, expecting further declines in altcoins if that happens. 🔼 For a long position, you need to wait until the price forms a new upward structure, and if it moves sharply upwards, you can enter on a break of 1.13. 📅 USDT.D Analysis As I mentioned yesterday, there was a significant resistance area at 5.45 in USDT.D, where Tether's dominance was rejected from slightly higher at 5.50, and we are seeing a red candle which might indicate the start of a correction and the end of this bullish leg in dominance. ⭐️ The only trigger for a bullish scenario in USDT.D dominance and a market downturn is 5.50, and for a long position and a decline in Tether's dominance, there is no trigger at this moment. ❌ 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.
by UNIVERSOFSIGNALS
Our Cycle Analysis is in Play - What's Next on HTF? 🚀 Bitcoin Cycle Update – What’s Next? This setup is purely based on my higher timeframe (HTF) analysis, which I’ve shared before. If you’ve been following along, you already know the drill—I covered this in my last video breakdown on TradingView: 📽 Cycle Analysis Video: 📌 Tracking Idea: Bitcoin Cycle Analysis - Positioning & Market Outlook We loaded our final spot buys months ago and have been scaling out since November—not fully out, but we’ve booked profits on the majority of our Bitcoin and altcoin holdings over the last three months. 💰 Spot Bag Adds: BTC Spot Buys - Now, I’m still tracking a 3-Drive pattern for this cycle’s top. A previous 3-Drive setup on the daily was invalidated after choppy price action and sideways movement, but I’m still pursuing the same idea—just on the weekly and monthly timeframes now. 🔹 Key Zone: FWB:73K – $69K (Major SR level I’ve been watching) 🔹 Yealy Pivot Zone - 🔹 Time-Based Bias: Still refining my time analysis—so take it with a grain of salt 😅 USDT Dominance & Key Confluences One of the biggest confirmations I’m watching is USDT Dominance. I had been tracking an FVG around 4.9x%, which held for a week before breaking: 📈 USDT Dominance Chart: Right now, the focus is on trendline resistance & Fibonacci retracement levels. If USDT.D breaks higher, the idea is invalid, and I’ll simply keep riding my shorts. Execution Plan – How I’m Playing This This setup is strictly for spot buys. If you remember the last cycle, we accumulated BTC during the FTX crash at $18K and only added longs when we spotted a clear inverse head & shoulders setup. 🎯 This time, I’m placing spot bids & waiting for clear reactions. 🔹 Looking for WICKS into demand, NOT sideways chop. 🔹 If price chops, I EXIT—simple as that. 🔹 I’ll consider leverage positions ONLY when we see strong reactions. I’ll keep this idea updated just like before. At the end of the day, we’re all speculators—no one can predict the market, only manage risk and play probabilities. ⚠ Risk Management: DO NOT RISK MORE THAN 5% OF YOUR PORTFOLIO ON THIS SETUP. 📢 Disclaimer: I am not a financial advisor. This is NOT financial advice—just sharing my thoughts and analysis. Do your own research before making any investment decisions.
CRYPTO:BTCUSDLong
by Bromadic
Why is the market crashing?Why Did Bitcoin Crash to $78K? Here’s What’s Driving the Panic Bitcoin soared to an all-time high of $109K in January 2025, but last night, it crashed to $78K, a brutal 26% drop, leaving it hovering around $80K. The market’s in full panic mode, and after digging into the latest news, here’s why: Trump tariffs, the Bybit hack, and a mix of other pressures are to blame. 1. Trump Tariffs: Trade War Chaos The Trump administration’s new tariffs, 25% on Mexico and Canada, 10% on China, are shaking up global trade. Here’s the impact on Bitcoin: Uncertainty Surge: Higher costs and trade disruptions spook investors. Risk-Off Mood: People ditch volatile assets like Bitcoin for safer bets like bonds. Sell-Off Trigger: The fear of an economic slowdown is hitting crypto hard. These tariffs are a major reason for the market’s jitters. 2. Bybit Hack: $1.5B Gone A massive hack hit Bybit’s Trust Wallet, with $1.5 billion in Ethereum stolen, the biggest crypto heist ever. Here’s why it’s tanking Bitcoin: Trust Shattered: Security breaches like this make everyone nervous about crypto safety. Panic Selling: Fear of more hacks or losses sparks a rush to sell. This event is amplifying the crash big time. 3. Other Crash Fuel Beyond tariffs and the hack, these factors are piling on: Macro Fears: Uncertainty over Federal Reserve rate hikes is pushing investors away from risk. Profit-Taking: After hitting $109K, big players cashed out, adding pressure. Post-Halving Dip: Bitcoin often corrects after halvings (like 2024’s), and we might be feeling that now. What’s Next for Bitcoin? This crash sucks, no doubt, tariffs and a billion-dollar hack are a nasty combo. But Bitcoin’s bounced back from worse. The panic might ease once the news settles, though recovery could take a minute. Keep an eye on trade updates and crypto security news, they’ll drive what’s next.
Long
by MonoCoinSignal
1
Delayed Cycle Kicks Off This March? (Chart)🚀📈 Delayed Cycle Kicks Off This March? 🔥💡 March has (almost) arrived, and Bitcoin has officially confirmed $79,478 as major structural support—a critical level that had to be checked before the next move. This aligns perfectly with my previous idea of a delayed cycle playing out. 📌 Long above 79K 📌 Short below 79K 📌 Short-term target: GETTEX:87K+ With this structural support holding, I expect Bitcoin to push toward the next major test: $113,800. This is the all-time trendline, a level of historical significance. 🔑 What happens at 113K? This is where Bitcoin’s fate for this cycle will be decided: ✅ A breakout above 113K could unlock a run to 150K - 200K, a true extension of this cycle. ❌ A terminal rejection at 113K could mark the end of this cycle, signaling a broader correction phase. At the moment, the probabilities lean toward further upside, with an 80% chance of continuation. The 20% downside risk remains for a dip to FWB:65K-66K, but as long as Bitcoin stays above 79K, the bullish thesis remains intact. 💡 March looks strong, and I’m stepping on the gas today. Let’s make it a powerful month! 🚀 One Love, The FXPROFESSOR 💙 video:
Long
by FX_Professor
6
$40K Is Not Possible & The 2025 Bull-Market (Back To Basics)Let's clear a few basic but very important points because there is some confusion going on around right now, and this is dangerous for our Cryptocurrency market bulls. The 2025 bull-market is not over because it hasn't even started. Correct? The Cryptocurrency market grew in late 2024, between November and December. Cryptocurrency peaked in Nov.-Dec. 2024 and then entered a corrective phase. This corrective phase that started in late 2024 is ongoing until now. So 2025 has been mainly bearish action; no bull-market, yet. Cryptocurrency first peaked in March 2024 and then went into correction mode until August 2024. Between August and October 2024 the Cryptocurrency market consolidated and this consolidation produced the last advance mentioned above. As the market hits bottom now, we will enter a new phase of growth. The bull-market cannot be over because it has not even started. Bitcoin at $40,000? Bitcoin at $40,000 is not possible and I will explain why. The March 2024 peak price was $74,000. The two peaks in 2021 were $64,000 and $69,000 in April and November 2021 respectively. This is the biggest support in the history of Bitcoin and cannot be violated. The consolidation in late 2024 also works as a very strong support range and this is our baseline but prices are set to bounce, always, around 80K. This is why 40,000 is just a dream, or a bad joke, and not possible. Bitcoin is going up. The 2025 bull-market It is a fact that 2025 has been bearish, the first two months. For Bitcoin it has been sideways and now we have bearish action. This is all perfect and it is all good. All is well that ends well. Since the bearish action is happening now, the bullish happen will happen later on. As we all know, new All-Time Highs will happen in late 2025. Make sense, it is logic. I can see it, grasp it, hear it, feel it. Cryptocurrency is going to undergo the biggest bull-market in its history in 2025. The bull-market is not over because it has yet to start. Hold easy and hold strong. Panic hold. Thanks a lot for your continued support. Namaste.
BITSTAMP:BTCUSDLong
by MasterAnanda
6
Delayed Cycle Kicks Off This March?🚀📈 Delayed Cycle Kicks Off This March? 🔥💡 March has (almost) arrived, and Bitcoin has officially confirmed $79,478 as major structural support—a critical level that had to be checked before the next move. This aligns perfectly with my previous idea of a delayed cycle playing out. 📌 Long above $79K 📌 Short below $79K 📌 Short-term target: $GETTEX:87K+ With this structural support holding, I expect Bitcoin to push toward the next major test: $113,800. This is the all-time trendline, a level of historical significance. 🔑 What happens at $113K? This is where Bitcoin’s fate for this cycle will be decided: ✅ A breakout above $113K could unlock a run to $150K - $200K, a true extension of this cycle. ❌ A terminal rejection at $113K could mark the end of this cycle, signaling a broader correction phase. At the moment, the probabilities lean toward further upside, with an 80% chance of continuation. The 20% downside risk remains for a dip to $FWB:65K-$66K, but as long as Bitcoin stays above $79K, the bullish thesis remains intact. 💡 March looks strong, and I’m stepping on the gas today. Let’s make it a powerful month! 🚀 One Love, The FXPROFESSOR 💙
Long
by FX_Professor
TradeCityPro | Bitcoin Daily Analysis #19👋 Welcome to TradeCity Pro! Let's dive into the analysis of Bitcoin and important crypto indices. As usual, I will review today's future triggers for the New York session. Today's analysis will be conducted in the 4-hour timeframe, as the 1-hour timeframe does not provide the clarity of price information we need, and the 4-hour timeframe is better suited for today's analysis. ⏳ 4-Hour Timeframe As you can see, after the price broke through the $95,108 area, we witnessed a significant drop on the chart, with the first bearish leg reaching down to $87,070 and subsequent legs moving to lower areas. Currently, the price has reached the support at $78,940 and has been supported there. 🔍 As you can observe, the volume of the price candles is very high compared to the green candles, which clearly indicates that the market's control is heavily skewed towards sellers. ✨ The RSI oscillator, after forming a Double Bottom in the oversell area and returning to the normal zone, re-entered the oversell zone yesterday, which led to another bearish leg after breaking the $83,779 trigger, which I had previously identified for you, and the price then proceeded to perform its next bearish leg. 💥 Currently, we have positions open from the $95,108 and $92,433 areas, and if you have been following and looking to open more positions, you would have also opened positions upon the breaks of $87,070 and $83,779. Given the sharp market downturn, you would have made a considerable profit by now. ✅ I suggest that if you have open short positions from any of the levels that were breached, to take profits and even close the position because it seems the market has completed its downturn and might start correcting or ranging. 🧩 The range I anticipate the price might oscillate within is between $72,940 to $82,700, but keep in mind that these analyses are my personal opinion, and the price could break the $78,940 area and perform its next bearish leg at any moment. In that case, I would personally open a short position and ensure to have a short position open in case of a break below $78,940. 🔽 Today, apart from this short trigger, I cannot give you another trigger. This short trigger is very risky, and you should open this position with the minimum risk your strategy allows. 👑 BTC.D Analysis As observed in the 4-hour timeframe, BTC.D is currently forming a smaller box between the areas of 60.48 to 60.91 and continues to fluctuate within this box, so no specific trend can be predicted. 🔑 However, if the area of 60.48 breaks, we can be more hopeful for an altcoin rally, expecting that altcoins might recover some of the ground they have lost because, along with Bitcoin's ranging, Bitcoin dominance has been increasing, and altcoins have been bearish for several months. 📅 Total2 Analysis Moving on to Total2, as you can see, Total2 was rejected from the crucial area of 1.13, which I mentioned before, and broke the 1.07 area, currently registering a floor at 1.01. This area was not historically significant, and the price has reacted alongside Bitcoin, so we need to see how Total2 moves. ⚡️ If the 1.01 breaks, you can open a short position, which I will also be doing. However, I will open this position only if Bitcoin dominance turns bullish, expecting further declines in altcoins if that happens. 🔼 For a long position, you need to wait until the price forms a new upward structure, and if it moves sharply upwards, you can enter on a break of 1.13. 📅 USDT.D Analysis As I mentioned yesterday, there was a significant resistance area at 5.45 in USDT.D, where Tether's dominance was rejected from slightly higher at 5.50, and we are seeing a red candle which might indicate the start of a correction and the end of this bullish leg in dominance. ⭐️ The only trigger for a bullish scenario in USDT.D dominance and a market downturn is 5.50, and for a long position and a decline in Tether's dominance, there is no trigger at this moment. ❌ 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.
by tradecitypro
20
BTC—Bearish Divergence Spotted BTC To Continue Fall?Bitcoin is near the $80k area. After making a high of $109,588 on 20th January, BTC has shown weaken momentum and an indication of plummeting from the peak. Bitcoin has recently broken its support of the sideways range of $89,427. Due to global tension and overall economic turbulence, BTC is witnessing a fall. As per experts, this is a failure of the bull run in BTC. Using the Relative Strength Index, we can observe the Bearish Divergence on BTC. The next possible level for BTC to halt is near $73,690. Let's see where BTC takes a halt. Note: This is not a financial advice but an analysis to explain the current situation of BTC. Kindly consult your financial advisor before investing.
by iAhadKhan
Bitcoin- Fibonacci Retest and Oversold RSIBitcoin's daily chart shows a significant price retracement, currently testing the key 0.5 Fibonacci level around $79,000. This level historically acts as a strong support zone during corrective phases. If BTC holds above this level, it could signal a potential rebound. However, if it breaks lower, the next major support is near $72,000 (0.618 Fibonacci level). Additionally, the Relative Strength Index (RSI) has dropped to the 20 level, indicating extreme oversold conditions. Historically, such low RSI readings have led to strong reversals. If buying pressure emerges, BTC could see a recovery from these levels. Regards Hexa
Long
by HexaTrades
Bitcoin Has Dropped $20K in a Single Week! Where’s the Bottom?Hey followers, Crazy times, huh? I was just looking at the Bitcoin chart, and I don’t see any other week in history with a $20K retracement, absolutely wild. I haven’t done much BTC analysis lately, but the last time I did, I warned: “Money on your screen won’t feed your family—turn it into real gains.” Well, here we are. Once again, two simple criteria have proven their ability to predict profit-taking areas and potential corrections: 📌 Channel projection 📌 Equal waves Now, with this massive sell-off, it’s time to hunt for strong support zones. Percent-wise, the weekly drop might not be extreme, but in raw dollar terms, it should be the biggest in BTC’s history. So, where could this madness stop? For me, the 48K–$66K range is where things get interesting. Somewhere inside this zone, I expect a reaction, and I’ll be looking for possible reversal setups. Let’s break down the key reasons why this area is a potential landing spot: 🔹 1. Previous yearly highs acting as support In 2021, Bitcoin saw two major sell-offs in the $60K–$70K range. Then, in early 2024, the same zone acted as a strong resistance before BTC finally broke through. When a zone like this is left untested, it often pulls the price back like a magnet for a retest, a classic case of liquidity seeking validation. That’s why this area forms the foundation of my support box. 🔹 2. Short-term trendline alignment This trendline, drawn from wick touches, is valid because the third touch happens higher than the peak between the first and second touches, comes to retest the trendline from higher high levels (HH). Even though it’s short-term, it perfectly aligns with the horizontal support zone, adding extra confluence. 🔹 3. 50% retracement from the all-time high From my past crypto analysis, BTC loves its 50% retracements from all-time highs—like clockwork. And guess what? This level perfectly overlaps with the marked support zone, reinforcing its strength. 🔹 4. The psychological $50K level Round numbers play a big role in trading, humans love them. Back in August 2024, $50K acted as a key level. I even mentioned on a local radio station earlier that year that buying the dip around here could be a smart move… and, well, lucky me, it worked out. :) So once again, this simple but effective criterion strengthens the case for this area. Putting all these criteria together: Summary: The more confluences in a single price zone, the stronger it is. Sure, we could add some fake trendlines or EMAs, but for me, price action and human psychology tell the real story. Think of it like tracking footprints in the snow, BTC leaves clues, and it’s our job to follow them. - For long-term believers, this zone could be a solid place to accumulate more BTC. - For those looking to enter Bitcoin for the first time, this is the area to watch. What do you think? Are we heading lower, or... 🚀If you like the analysis, hit the boost as well🚀 Cheers, Vaido --------------------------- 📢 Want more in-depth technical analysis? I post similar insights on my Substack channel, where I break down technically strong stocks worldwide by saving you time and helping grow your portfolio. I do the technical analysis, so you don’t have to! 🔗 Find the link in my BIO (under the Website icon) , or if you're using mobile just scroll down to my signature to choose your preferred language. See you there!
COINBASE:BTCUSDLong
by VaidoVeek
1
Is Bitcoin Topping Out? Critical Levels to WatchSince the low of $15,476 on November 21, 2022, Bitcoin has surged to an all-time high of $109,588 on January 20, 2025. That’s an incredible +608% increase over 791 days. We also hit the long-anticipated $100K mark. But for almost three months now, Bitcoin has been stuck in a range between $90K and the all-time high, showing some indecision in the market. Looking Back: Market Structure & Trends Bitcoin spent over 250 days consolidating between $50K and $70K before finally breaking out in November 2024, right around the U.S. election. That breakout triggered a massive rally, pushing Bitcoin to 100K in just one month. Since then, bulls and bears have been battling it out, trying to establish control over this crucial psychological level. A look at the pitchfork tool shows that Bitcoin has been rejected at the 0.618, 0.666, and 0.786 levels multiple times while trying to push higher. Recently, we lost the median line of the pitchfork and dropped below 100K, suggesting bullish momentum is fading. The 233 SMA/EMA on the 4-hour TF as well as the 21 EMA/MA on the daily TF has also flipped into resistance, adding to the bearish pressure. Is February Shaping Up to Be a Bearish Month? If we compare the current cycle to the 2020 bull market, the price action looks similar, forming a top where Bitcoin struggles to break higher. February could bring a healthy correction before any new leg up. Key Support Zones & Confluences Here’s where we could see solid support: Unfilled CME Gap at $77,930 – Historically, Bitcoin tends to fill these gaps over time Pitchfork Lower Support Line (~$80K) – If Bitcoin drops, this level aligns with multiple confluences by late February or early March Fib Speed Fan (0.618 from $50K to ATH) – Perfectly lines up with the pitchfork lower support around $80K Trend-Based Fibonacci Extension (1.618) – Another confluence at the $79K mark Fib Retracement (0.5 from $50K to ATH) – Adds more support at $79.3K Negative Fibonacci Retracement (-0.618) – Lands right at the open gap, reinforcing this zone Daily 233 EMA/MA – Sitting at $81.3K and $76.4K, further supporting this region Key Support Zone: $80K - $78K – With all these confluences, this is a strong area for a potential long setup Additional Support Zone: FWB:88K - $86K – Another important region to watch for a bounce Resistance Levels & Confluences Psychological Resistance at 100K – A major battle zone between bulls and bears Daily 21 EMA/MA (~$99.5K - 101K) – A key resistance level that could cap any upward movement 233 SMA/EMA on the 4H Timeframe – Now acting as resistance, adding pressure to the downside Potential Trade Setups Long Setup #1: A potential entry from FWB:88K - $86K Long Setup #2: $80K - $78K support zone with confirmation could present a high-probability trade Final Thoughts Bitcoin is facing strong resistance at 100K, with multiple technical indicators suggesting a possible pullback. While the bigger trend remains bullish, February might bring a correction, providing great long opportunities around the FWB:88K - $86K and $80K - $78K region. Keep an eye on key support zones and look for confirmation signals before jumping into trades. New Indicator Release The 4H, Daily, and Weekly support zones seen on the charts are from my new indicator, which I released for free a few days ago. Feel free to check it out and incorporate it into your analysis.
Long
by SiDec
3
Bitcoin on 2h chart Hello, dear friends! Welcome to my page🫶 Today, let's take a look at the Bitcoin chart on the 2-hour timeframe. There is a fascinating pattern emerging that I'd like to discuss. 🧐 I've drawn long-term support and resistance lines that have been forming since February and March of this year. Today, Bitcoin is attempting to break through a descending trendline. For many, this might seem like a bullish signal, but let's not jump to conclusions just yet. On the 2-hour chart, we can see that the price continues to form a rising wedge, which is typically considered a bearish signal, often resulting in a downward breakout. At this moment, I see the possibility of the price rising into the blue zone, followed by a sharp decline. To provide a clearer picture, I'll also include a more long-term chart so you can better understand my analysis. What are Your thoughts? How are You feeling about the market? Where do You think the price will go next? Share Your insights in the comments, I'm looking forward to hearing from You. Thanks for Your attention💋 Always Yours, Kateryna💙💛
BINANCE:BTCUSDShort
by RocketBomb
46
Bitcoin's Symmetrical Triangle Hi friends, whenever I have a moment of free time, I immediately come to share my thoughts on Bitcoin's price movement with You🩷 Since February 24th, Bitcoin has been forming a technical pattern known as a symmetrical triangle, often seen as a sign of market indecision. This pattern is characterized by the price oscillating between converging support and resistance lines, indicating a balance of buying and selling pressures. Currently, Bitcoin's price is fluctuating within this triangle, gravitating towards the upper resistance line. As the apex of the triangle approaches, the market's uncertainty could culminate in a decisive move. Given the historical behavior of similar patterns, it is plausible that we may witness a sharp price decline soon, potentially reaching levels as low as $60,000 to $58,000. This anticipated move aligns with the technical analysis principles, where symmetrical triangles often precede significant price breakouts or breakdowns. Traders should monitor these key support and resistance levels closely and consider the broader market context and potential external factors that could influence Bitcoin's price action. What do You think? What can we expect after the formation of this triangle? It's certain that there will be a strong movement, but will it go up or down? Thanks for Your attention 🫶 Truly Yours, Kateryna💋
COINBASE:BTCUSDShort
by RocketBomb
20
BTC on 6h chart Hello, my dear friends!🫶 I’m so happy to see You here again! I’m especially grateful for Your feedback—some of You mentioned, that were waiting for me and missed me.🥲 Your words truly touched my heart—thank You so much!😊 I’m thrilled to be drawing charts for You once again; every post I share here holds a piece of my soul. Thanks for Your support—it means the world to me!💋 🔴 We’re currently sitting between a major resistance level (a trendline dating all the way back to 2017) and strong support at 72,000.🔴 The price is at a fascinating crossroads: if the 96–94–93 levels hold and the price consolidates there, we could see a climb toward the significant resistance zone (marked by the pink 🟣 dot) at 107–108k. From there, it’ll be crucial to watch closely—if the price breaks through those levels with ease, a rally could be in the cards.🚀 However, if the 96–94–93–92 levels fail to hold, we’re likely in for a deeper correction. In that case, we could see the price drop to the support zones at 86k, or possibly even lower, to 77k–73k.📉 Thank You for being part of this amazing community—it’s a privilege to share ideas and grow alongside You all. No matter what the charts look like, stay focused, stay patient, and keep believing in your abilities. Success belongs to those who persevere. Always sincerely yours, Kateryna 💙💛
BITSTAMP:BTCUSD
by RocketBomb
2