Bitcoin Breaks Trendline-Is $109k Next?Technical Analysis: Ascending Channel Pattern
The asset is exhibiting an ascending channel pattern, indicative of sustained bullish momentum. Key observations include:
- Channel Boundaries: The price has consistently respected the channel's upper and lower boundaries, forming higher highs and higher lows.
- Breakout and Retest: Following a strong momentum breakout, the price is potentially retesting a key support level, previously acting as resistance.
- Support Zone: If buyers confirm support at this level, it may signal a continuation of the uptrend, targeting the upper boundary of the channel at $109,000.
Key Monitoring Points:
- Bullish Confirmation Signals: Look for bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume to confirm long positions.
- Risk Management: Failure to hold support could signal a bearish shift, emphasizing the importance of monitoring price action and adjusting strategies accordingly.
Bitcoinforecast
Bullish Bitcoin Find ResistanceFenzoFx—Bitcoin remains bullish above the 50-period simple moving average but lost momentum near the $95,995 resistance. It currently trades around $94,650.
A breakout above $95,995 could trigger a move toward $99,560. Conversely, a close below $92,875 may lead to a drop toward $91,720, with further downside potential to $88,830 if selling pressure intensifies.
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BTC/USDT 1H Chart Analysis: Breakout Incoming?Hey traders! Let’s dive into this juicy BTCUSDT 1-hour chart. Bitcoin is teasing us with some serious action!
We’ve got a textbook symmetrical triangle pattern forming, with price consolidating tightly between converging trendlines. This is a classic setup for a big move — Bitcoin is coiling up like a spring, ready to explode!
The chart shows multiple phases of consolidation , with the latest triangle pushing BTC toward a critical decision point near the weekly high of $95,773.15 and the monthly high of $95,119.06.
The price is currently hovering around $95,000, testing resistance. A breakout above the upper trendline could send BTC soaring past $96,600, potentially targeting $97,200 or higher!
On the flip side, a rejection here might see it dip toward the daily low of $92,839.27 or even the lower trendline for support.
Key Levels to Watch:
Resistance: $95,773.15 (weekly high)
Support: $92,839.27 (daily low)
Breakout Target: $97,200+
Breakdown Target: $92,800
✉ What do you think — bullish breakout or bearish?
Drop your thoughts below!
Bitcoin Walks Into a Robust Resistance AreaFenzoFx—Bitcoin remains bullish above the 50-period simple moving average at around $93,950. A doji candlestick on the daily chart signals potential consolidation or a bearish move.
Resistance spans from $94,990 to $99,420, suggesting a possible reversal. We recommend waiting for Bitcoin’s reaction before planning a strategy.
Bitcoin Aligns with the 2017 Cycle ModelThere’s growing speculation that the current Bitcoin cycle mirrors the market behavior seen in 2017.
Intrigued by this, I conducted my own analysis. I overlaid the 2014–2017 cycle pattern onto the current chart for comparison.
The results?
A striking resemblance in both the overall shape and the distinct correction and impulse phases.
It seems history may not repeat itself exactly, but it certainly rhymes. 📊
BTC/USD Rallies Above $82,140FenzoFx—Bitcoin has surged past $82,140 resistance and is now trading near $86,800, correcting 1.0% of its recent gains.
The bullish trend persists above the 50-period simple moving average, with immediate support at $86,140 offering a potential entry point for buyers. If this level holds, the uptrend could target $89,000.
Conversely, a dip below $86,140 might push prices toward $84,000 or $82,811.
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Bitcoin is nearing a critical breakout zone at $86,000Bitcoin is nearing a critical breakout zone at $86,000.
If this level breaks with strong momentum, we could see a rapid bullish continuation toward the major resistance area around $105,000. The ascending channel remains intact, and aggressive buying near support points to a strong upside setup.
From a fundamental view, Bitcoin is gaining strength as global uncertainty rises. The latest escalation of trade tariffs has disrupted traditional markets, pushing more investors toward alternative assets like Bitcoin. Historically, Bitcoin has performed strongly during times of economic instability.
Tightening monetary policies worldwide are fueling recession fears, making Bitcoin even more attractive as a hedge — the new "digital gold." With institutional interest growing, Bitcoin is well-positioned for a significant capital inflow.
Stay ready — the next big move is close! 🚀
TheKing Cycles- Nothing can be perfect in Life or in Trading, but you can always brighten up your day.
- Remember "Cycles are Cycles"
- Everything is in graph
- You can follow bears, predicting 10 years of recession, but we are in a big recession and for a long time already.
- You can fall in the deep and predict the darkness.
- i like to see the sunshine in the morning and i will always radiate warmth.
- Follow Hope, and always believe in your own judgement.
- Be Bold and do the opposite of what commons peoples think.
Happy Tr4Ding !
The Black Swan Method- Making TA as a trader is like reading a magical ball but some major unpredictable events are out of control.
- i usually accurate most of the time but i should be a fool to think i am always right, it's impossible to make TA in that markets conditions.
- So this post is not to make some kind of predictions but to warn peoples on what's going on right now.
- i will try to explain very basically the situation (with my bad english skills, so forgive me if i make some mistakes) :
1/ the first attack was based on Luna and UST, some entities started to short UST/Luna with some billions $, FTX and SBF surely did it. Luna tried to save the situation with their BTC reserve but it was effortless. they lost all. (Luna have never been hacked, important to specify this )
2/ the fail of UST was the first step to create a snowball effect.
3/ 3AC, Celsius, Voyager, and much more were all involved in Luna/UST and Anchor Protocol witch was giving 18% returns on UST. They used customers funds in UST and staked, when the situation started to turn really bad for Luna, they tried to save the situation trading customers funds and they failed. (any of those companies have been hacked, important to specify this )
4/ FTX used customers funds and started to short their own products, FTT, SOL, SRM, etc , Binance saw the move and twitted that they will drop all their FTT.
FTX locked their customers wallets. FTX used 8B$ Customers funds to short markets. they are still right now trying to short USDT on Binance. (FTX have never been hacked, important to specify this).
5/ The snow ball started to be transformed in an avalanche. The damage here is huge. An exchange implosion of this magnitude is a gift to bitcoin haters all over the world.
6/ Sam bankman-fried was a Trojan horse in the crypto space, surely backed by banks and govs, a kind of worm witch have to be eradicated.
7/ Soon bankers will tell you, " u saw what happened with your exchanges ??!!, better use CDBC and stick with Banks!! ", this is their ultimate goal.
- i pray for everyone who got caught up in this mess and lost money with those bad actors.
- i hope you take care of yourself and continue to be a part of this journey.
- i hope it doesn't turn you off of crypto witch are here to stay in the future.
- BTC is resilient. No matter the magnitude of the earthquake.
- Buy BTC
- Store in Ledger, Trezor or Paper Wallet.
- Hodl and come back later.
Have faith in what you believe and fight. Thanks for reading!
PS : Not sure this post will get me banned or censored, but at this point the freedom of speech is an human right.
The Road to The Mooni like to make some graphs like that when peoples are in Dispair mode.
- i used a modified ADX indicator with a Monthly Timeframe ( thanks to the creator by the way )
- Look at the Mountains and tell me when in past bullruns we stopped at 100 ? - Never -
- The Highest Point is 160+
That said my advice for now is : " You don't really care if TheKing will back to 20k, what you have to care is the Highest point TheKing will reach! "
- Don't Think it's the end of this bullrun
- Don't Listen Fuders
- Use indicators for the Long Term
- Believe in Trends and cycles movements
- Believe in the future of cryptos
- Believe in TheKing because Theking cannot die.
Happy Tr4Ding !
Bitcoin are you Worried ?Everything is in chart.
- Like i said many times, more you look from far, more it's easy to predict the future.
- This Monthly Chart combinated with indicators show you how BTC moved in 2016-2017 BullRun so keep eyes open and you will find the way for 2020-2021.
- We cannot compare a Bullrun from 400$ to 20,000$ with a Bullrun From 4000$ to 3XX,XXX+$, the chart will be exponential. We are now playing with big numbers.
- imo right now we are in fake bear market stage, this stage happened also in 2016-2017 pre-bullrun ( but Numbers were smallers...), whales are just trying to create fear and remove retails investors.
- Actual stage could be a Consolidation Phase, if Whales see there's a lack of interest, they will push BTC up, or we could get a quick fast Trap to 20,000$ if Whales feel Retails not fear enough (Not sell their BTC).
- 100 000$ Target is still very preservative, past this stage it will be the FOMO Stage to go Higher!
TheKing is dead??? Long live TheKing!! :D
Happy Tr4Ding !
Bitcoin Bulls Pave Path to $100,000FenzoFx—Bitcoin is trading bullishly, staying above the 50-period SMA and the 81,160 support. Currently, it hovers around $85,650, testing resistance.
As long as prices hold above 81,160, the next target could be $88,650. However, if bears push below $82,811, consolidation may occur, with support at 81,160.
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BITCOIN Trending Higher - Can Bulls Maintain Momentum?COINBASE:BTCUSD is trading within a well-defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting a potential continuation toward higher levels.
The price has broken above a key resistance zone and successfully retested it as support, confirming the bullish structure. This retest strengthens the case for further upside, with the next target aligning with the upper boundary of the channel near $91,000.
As long as the price remains above this newly established support, the bullish outlook stays intact. However, if the price fails to hold above this zone, a deeper pullback toward the midline or the lower boundary of the channel could come into play.
Remember, always confirm your setups and trade with solid risk management.
Best of luck!
BTC → Bitcoin Retrace to $69,500? Or Bounce to $150,000?The short version, the probability that Bitcoin tests the breakout price around $69,500 is very high. That's simply the nature of breakouts; bulls take profits (sell orders) until the previous high is reached, at which point the bulls start buying again, and the bears take their profits (buy orders), driving the market up for another leg.
The question is, what is our next move as traders? Or even Bitcoin investors?
How do we trade this? 🤔
Let's zoom out to the Monthly chart. Bitcoin is resting on the 9EMA, a support area we've closed above it since September of 2023. Our current context is we've broken out of the 2021 cycle high of $69,500 and reached a new high just shy of $110,000. It's clear we're in pullback mode right now, so far-reaching down to $78,000.
Fundamentally, there aren't many catalysts for bullish activity. Bulls are simply taking profit at the first 6-figure Bitcoin price, which is both a psychological and technical price for selling. Monetary policy is still in a state of qualitative tightening, inflation has been slowly rising since September 2024, from 2.4% to 3%. Not a dramatic move, which certainly isn't helping Bitcoin move to the upside. Bitcoin seems to respond more to monetary policy than inflation rates and while the rates have steadily climbed, it's not enough to shock the market, while monetary policy has largely stayed the same.
Technical analysis shows TOTAL, TOTAL2, and TOTAL3 crypto market cap charts all were rejected at key resistance areas in early December. Bitcoin broke the 2021 right shoulder around $46,000 to $73,000, then had a measured move up to $109,000, about a 55% move each, give or take. We're simply in a state where we've reached a key resistance level after a breakout while the market as a whole is in a state of uncertainty. I believe that uncertainty will lead to a capitulation down to the high $ 60,000s, even if it's a quick wick. This would likely lead to a $1,500 ETH, $1.50 XRP, it may look ugly. But take a look at past cycles; a 30-40% pullback for Bitcoin is just another Thursday in the crypto market. The alts can pull back as much as 50%-60%.
I think we wait for the buy signal. Look for a pullback to the breakout area at $69,500, and wait for the market to tell us that we found the buy zone with a strong candle close on or near its high on the Daily chart, likely somewhere around $75,000. Then I believe $150,000 is the area for this cycle high based on the Lifetime Resistance and measured move target. The measured move shows a 57% move up after the breakout; if we take that 57% move up and stack it on the mid-price of the current trading range at $91,000, that takes us to right around $150,000. Anything beyond that is a bonus. I think from there, it makes a second attempt to breach the high, followed by our 12-18 month bear market as shown in the chart.
💡 Trade Idea 💡
Long Entry: $75,000
🟥 Stop Loss: $55,000
✅ Take Profit #1: $105,000
✅ Take Profit #2: $135,000
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Breakout above 2021 Cycle High $69,500
2. Psychological and technical high of $100,000 reached
3. Pullback phase has been in motion since December, breakout zone is the buy target
4. Wait for a two-legged pullback toward the Monthly 30EMA (breakout zone), look for strong buy signal, large bull candle closing on or near its high.
5. RSI is near 64.00 and below the Moving Average. Wait for contact and a drop toward 60.00 in concurrence with the price action to enter.
💰 Trading Tip 💰
It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
Bitcoin Goes "Red Days Again" since "Relief Rally" Has Been NullBitcoin's price has experienced significant fluctuations over last "Intl Women's Day" weekend, reflecting the volatile nature of the cryptocurrency market. To understand these movements, it's essential to consider both the broader economic context and specific events that have influenced investor sentiment.
Background: Economic and Political Factors
In recent weeks, Bitcoin's price has been heavily influenced by economic indicators and political announcements. The U.S. Federal Reserve's stance on interest rates, particularly comments from Jerome Powell, has been closely watched by investors.
Political factors have also played a crucial role. For instance, Donald Trump's re-election and his proposals related to cryptocurrency, including the creation of a "Strategic Bitcoin Reserve," have contributed to market optimism and price increases. However, these developments also introduce uncertainty, as regulatory environments and geopolitical tensions can quickly shift investor confidence.
Recent Price Movements
As of the last weekend, Bitcoin's price has shown a decline of nearly 5%. This decrease is part of a larger trend where Bitcoin's price has struggled to maintain consistent gains, often experiencing sharp drops followed by rebounds. For example, on March 9, 2025, Bitcoin's price was noted to be choppy, trading around $81,500.
Bitcoin's price initially dropped but then rebounded slightly. This rebound was likely driven by renewed optimism in the altcoin market and strategic purchases by entities like Metaplanet, which has been actively buying Bitcoin. However, the overall sentiment remains cautious due to ongoing economic uncertainties and the potential for further interest rate hikes.
Key Events Influencing Price
Mt. Gox Bitcoin Movement: The recent transfer of over $1 billion worth of Bitcoin from Mt. Gox to an unmarked address has raised concerns about potential market impact. Such large movements can lead to increased volatility as investors speculate about the intentions behind these transactions.
Regulatory and ETF Developments: The ongoing efforts to establish a U.S. spot Bitcoin ETF have seen mixed results, with periods of significant outflows followed by brief moments of positive inflows. These developments can influence investor confidence and, consequently, Bitcoin's price.
Global Economic Conditions: Trade tensions and economic stimulus measures, particularly those involving China, have also played a role in shaping Bitcoin's price. As investors seek safe-haven assets, Bitcoin's performance relative to traditional assets like gold can impact its value.
Technical challenge
The fluctuations in Bitcoin's price over the last weekend reflect the complex interplay of economic, political, and market-specific factors. As investors continue to navigate these uncertainties, Bitcoin's price is likely to remain volatile. The influence of major economic data releases, political announcements, and strategic investments will continue to shape the cryptocurrency's trajectory in the coming days and weeks.
The main technical 1-day resolution graph indicates that Bitcoin Goes "Red Days Again" since recent "relief rally" has been Null.
Ahead of upcoing week our "super-duper" @PandorraResearch Team is Bearishly calling to numbers between $30 000 to $50 000 per Bitcoin, that is correspond to major current support of 200-week SMA.
Conclusion
In summary, Bitcoin's price movements are a testament to the dynamic and speculative nature of the cryptocurrency market, where sentiment can shift rapidly based on a wide array of factors. As the market continues to evolve, understanding these influences will be crucial for investors seeking to navigate the volatile landscape of Bitcoin and other cryptocurrencies.
--
Best 'Jojoba oil' wishes,
@PandorraResearch Team 😎
BITCOIN Halving cycles and Pump %Monthly #Bitcoin chart with Halving dates
what is notable is how much the % increase in PA has been dropping each halving.
2012 Halving 10K% rise after
2016 Halving 3,5K% rise after
2020 Halving 700 % rise after
Projected PA below would also be 700%
BUT, Bitcoin is far more public now and the Halving Pumps will be talked about aLot. Could the Next halving actually be pumped a Lot earlier than previous dates
May well be a great idea to grab your NOW..because the price WILL go mental as the world sees the TradFi recession also.
2024 is going to be an interesting year to say the least
Ethereum — 2025. The Lord Giveth and Taketh Away (Caution! 18+)Donald Trump's recent policies and statements have generated significant negative sentiment towards Ethereum and the broader cryptocurrency market. As he resumes the presidency, his administration's approach to cryptocurrencies is expected to be more regulatory and cautious, which could impact Ethereum investors.
Historical Context of Trump's Views on Cryptocurrency
Trump has a mixed history with cryptocurrencies, as we mentioned in earlier published ideas. Initially, he labeled them a "scam", "based on thin air" as well as "threat to the U.S. dollar" and expressed skepticism about their value, stating that they are not real money and are highly volatile. However, in recent months, he has shifted his stance somewhat, reportedly owning between $1 million and $5 million in Ethereum as of August 2024. Despite this personal investment, his public comments continue to reflect a critical view of the crypto market.
Impact of Recent Tariffs on Ethereum
The most immediate cause of concern for Ethereum investors has been Trump's announcement of new tariffs on imports from Canada, Mexico, and China. This decision triggered a significant sell-off in the cryptocurrency market, with Ethereum experiencing a drastic price drop of over 26% in just one day. The overall cryptocurrency market lost nearly half a trillion dollars in value following these announcements, highlighting the interconnectedness of global trade policies and digital asset valuations.
The tariffs have led to increased uncertainty among investors, prompting many to liquidate their positions in riskier assets like Ethereum. This reaction is indicative of a broader trend where geopolitical tensions and economic policies directly influence cryptocurrency prices. Analysts noted that such trade policies could lead to inflationary pressures and a stronger dollar, making cryptocurrencies less attractive to international buyers.
Future Outlook for Ethereum Under Trump's Administration
Looking ahead, Trump's administration is likely to focus on stricter regulations for cryptocurrencies. This could manifest in enhanced oversight that may slow down the adoption of Ethereum by businesses and individuals. However, there is also potential for increased legitimacy if clear regulations are established.
Moreover, Trump's interest in Central Bank Digital Currencies (CBDCs) might further complicate the landscape for Ethereum. As the U.S. explores its digital dollar initiative, Ethereum's decentralized finance (DeFi) ecosystem could face stiff competition from state-backed digital currencies.
Technical challenge
The main technical graph for Ethereum BITSTAMP:ETHUSD indicates on Bearish trend in development, since mid-December 2024, with acceleration occurred a day before Mr. Trump entered the White House.
Key support considered as 100-week SMA (near $2550 in this time) and $2200 flat multi bottom, that helps so far; otherwise (in case of breakthrough) we believe it could lead the Ethereum price much lower, as it described on the chart.
Conclusion
In summary, while Trump’s personal investment in Ethereum marks a notable shift from his previous criticisms, his administration's policies—especially regarding tariffs—have created a challenging environment for Ethereum investors. The combination of regulatory uncertainty and macroeconomic factors will likely continue to influence Ethereum's market performance in the near future.
Bitcoin accurate bottom and top zones
BINANCE:BTCUSDT
This is my market mood indicator. Accurate determine the bottoms and top of cycles.
Based on this analysis on BLX chart and Monthly timeframe we can find something interesting
- Marked Monthly green zones.
- We never seen white color disbeliefe zones.
- Previews 3 times when we saw BLUE color it was a bottom (I was impressed how accurate it play out!!!)
- Now it looks like 2018-2019 period (green box-blue-green)
- So now no euphoria on market. Need to see yellow, orange and top will be again at extreme red
- Hard to say about timing but most likely we will test trendLine at 35-36 (maybe with fake out to 41)
- Then we will see yellow and orange color on indicator and drop to covid trendLines again 21-19 and continue move forward till 2025 March to extreme RED zones and end of cycle.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
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Bitcoin road to 33 000 BITSTAMP:BTCUSD
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️ Everything going according by my global 2023 plan for BTC what i’ve posted here in December 2022
➡️ We got uptrend line since covid dump
➡️ We retested downtrend line with FTX crash
➡️ Now we can see impulse-correction-impulse. Second impulse to test uptrend line and I think first rejection in April
➡️ All FOMC rate already included in price. Recession is only one things what not included, so we can see dump
➡️ After rejection at trend line and full fill of 3 month FVG we can drop by end of summer to 20K to find a support
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
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Bitcoin and Wyckoff Accumulation D1BINANCE:BTCUSDT
Lets check classic Wyckoff Accumulation phase since drop In June. This is D1 Timeframe and if Historically October is green month with 15-60% moves up. We have an all chances break resistance and hit even 28-30K.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
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Bitcoin and green November? BINANCE:BTCUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Bitcoin made retested downtrend line on D1. According to my "Take profit" indicator we bounced at real value price in June. Usually when we touch this line we going to test take profit line on D1 timeframe. Marked this zone on a chart. Also my indicator "Direction" showed signal to buy, so now im waiting Bitcoin around 25-29K in this range and signals to take profit on this both indicators and others.
Possible Targets
➡️After retest trend line and fundamental value line - 25000 - 29000
➡️When we touch take profit line in this ill looking to open local short
➡️Watching on FOMC rate at the beginning November and continuation local uptrend.
In December Ill expect test 20K again
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
Bitcoin Trajectory for Q1 and Q2 2025Hey everyone, it’s been a while! 👋
Let’s dive straight into the Bitcoin outlook and my vision for the months ahead. 🚀
Key Observations 📊
Patterns : Rounding Top & Bottom.
Rebound Levels:
Alt. 1: $101,000
Alt. 2: $82,000
Moving Averages : EMA50 & EMA188.
Target Area : $135,000+ 🔥
Pro Tip 💡
I'm setting an alert for the EMA188 cross on BTCUSDT to stay ahead of the game.
Stay tuned for more updates and insights! 💬