Bitcoin Bounces Back — Is $120K the Next Stop?!Bitcoin ( BINANCE:BTCUSDT ) reacted well to the 50_SMA(Daily) and the Heavy Support zone($112,000-$105,800 and started to rise again.
The question is, can Bitcoin reach $120,000 again and even create a new All-Time High(ATH)!?
In terms of Elliott Wave theory , it seems that Bitcoin has managed to complete the main wave 4 in the descending channel . To confirm the end of the main wave 4 , we must wait for the upper line of the descending channel to break. The structure of the main wave 4 is a Zigzag Correction(ABC/5-3-5) .
I expect Bitcoin to trend higher in the coming hours and attack the resistance area and the upper line of the descending channel(First Target: $117,490) .
Do you think Bitcoin's main correction has begun, or does Bitcoin still have a chance to create a new ATH?
Second target: $119,991
Cumulative Long Liquidation Leverage: $113,526-$112,591
Note: Stop Loss: $111,070
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
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Bitcoinprediction
Bitcoin 4h Chart Update [Tight Range / Breakout Opportunities]Breakout Opportunities
We're in a range development zone here! The chart shows Bitcoin (BTC/USD) trading within a tight range, with key levels at $115,000 and $112,000 acting as critical support and resistance zones. The price recently peaked near $123,000 but has since pulled back, forming a liquidity crisis zone around $120,000 where selling pressure kicked in. A breakout above $115,000 could signal a move toward $120,000 or higher, while a drop below $112,000 might push it toward the demand zone. Gotta break out of this range to figure out where we're headin' next!
Demand Zone
$110,000 & $107,000
Price slipped down from $120,000 due to a lack of buying liquidity, potentially it will land into a demand zone between $110,000 and $107,000. This area could act as a strong support level where buyers might step in. If the price holds here, it could bounce back toward the $112,000-$115,000 range. However, a failure to hold this zone might see it test lower support around $107,000 or even $105,000.
Direction and Possible Ranges
Upward Potential: If Bitcoin breaks above $115,000 with strong volume, the next targets could be $120,000 (liquidity crisis zone) and potentially $123,000, aligning with recent highs. A sustained move above $120,000 might open the door to $125,000 or beyond.
Downward Risk: Should the price fail to hold above $112,000 and break below, it could slide into the demand zone ($110,000-$107,000). Further weakness might push it toward $105,000, a psychological and technical support level.
Current Trend: The chart shows a descending trendline from the $123,000 peak, suggesting bearish pressure unless a decisive breakout occurs. The 4-hour timeframe indicates indecision, with the range-bound action hinting at a potential volatile move once direction is confirmed.
Keep an eye on these levels for the next big move!
BITCOIN PREDICTION: a SECRET PATTERN is FORMING (watch out)!!!Yello paradisers! In this Bitcoin prediction, I'm updating you about the crash we predicted earlier in previous videos. I'm showing you on a high timeframe chart the ABC corrective mode wave; we are now forming the C wave. The C wave subdivides itself into five smaller waves because it's a motive mode wave. We are taking a look at the volume. We understand that bears are still in power, so we are waiting for some nice volume from bulls. We are spectating a bullish divergence on the MACD indicator. On RSI, there is exaggerated bullish divergence, and in stochastic RSI, we are in an oversold area.
Then, we are shifting our focus to a medium timeframe. We are zooming into the fourth wave, where we are making our sub-waves right now. On the medium timeframe, we are also spectating bearish divergence. We are waiting for the second booby that will basically increase the probabilities of absorption.
As we have seen previously, that helped us to predict that Bitcoin will be crashing. We are also taking a look at our head and shoulders target, which is at $109,000.
Then we are shifting our focus to a lower timeframe, where we are seeing the secret pattern, triple three. Right now, we are creating a sub-wave XX, which is forming itself as a possible zigzag. Paradisers, make sure that you are trading professionally, focus on long-term growth, and avoid get-rich-quick schemes. Any shortage in trading usually ends up sooner or later in bankruptcy.
Remember, don’t trade without confirmations. Wait for them before creating a trade. Be disciplined, patient, and emotionally controlled. Only trade the highest probability setups with the greatest risk to reward ratio. This will ensure that you become a long-term profitable professional trader.
Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
Bitcoin Ready for Takeoff - $150K Target Ahead! MARKETSCOM:BITCOIN is showing impressive strength after successfully retesting its May high and bouncing back with conviction. This level, along with the 50 EMA, is currently acting as a strong support zone. Holding above this area signals that buyers are in control, and this zone now serves as a major support for the ongoing bullish trend.
At the moment, CRYPTOCAP:BTC is facing minor resistance in the $115K–$116K range. A decisive breakout above this level is likely to trigger strong momentum, opening the doors for a new all-time high. Once this resistance is cleared, our previous projection of $150K comes into play as the next major target.
For now, it’s crucial for MARKETSCOM:BITCOIN to hold the current support zone to maintain the bullish structure. As always, traders should manage risk effectively and place stop-losses to protect their capital in case of unexpected volatility.
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Bitcoin - The cycles are playing out!⚔️Bitcoin ( CRYPTO:BTCUSD ) just repeats another cycle:
🔎Analysis summary:
Following all of the previous all time high breakouts, Bitcoin will now further extend the rally. After some simple calculation, we can see that Bitcoin will rally another +50% in order to reach the overall price target. However there will be volatility along the way so make sure to remain calm.
📝Levels to watch:
$200.000
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
BTCUSD Short Setup – 4H Bitcoin has broken below a key dynamic support zone, and current price action signals a potential continuation to the downside. This short entry is supported by multiple technical confluences:
🔻 Bearish Confluences:
Fibonacci Retracement Rejection: Price rejected the 61.8% Fib retracement zone near $114,978, confirming a potential local top.
Trend Structure: Clear lower high, lower low structure forming on 4H – momentum favors sellers.
EMA Cloud Pressure: Price is decisively below the multi-band EMA cloud, showing sustained bearish pressure and trend bias.
Volume Profile Gap: Price is entering a low-volume node between $113.8k and $112k, increasing likelihood of a sharp move down.
Bearish Candlestick Pattern: A strong bearish engulfing candle formed after the retracement – a classic reversal confirmation.
🎯 Fibonacci-Based Targets:
TP1 – $11205 (38.2%): Initial demand zone and minor support.
TP2 – $11024 (61.8%): Mid-extension level, aligns with prior consolidation.
TP3 – $10731 (100%): Full measured move target if the downtrend accelerates.
SL: Placed just above the recent swing high at $11678, protecting against false breakouts.
BITCOIN PREDICTION: THIS Breaks - and BTC WILL CRASH TO HERE!!!!Yello Paradisers! I’m sharing my Bitcoin prediction with you. We’re using technical analysis on TradingView, specifically Elliott Wave theory.
On the ultra-high time frame, we noticed a Shooting star candlestick pattern. We’re analyzing the channel where the zigzag formation is occurring.
We’re also looking at bearish divergence on the ultra-high time frame chart and the zigzag on the high time frame chart. There’s a bullish divergence visible there. The Fibonacci level at $108,000 is also noteworthy, as is the volume, which shows that bears are still in control on the medium timeframe. We’re also analyzing the head and shoulders target plus bearish divergence on the low time frame. On the low time frame, we’re looking at the impulse of the flat C, which is an expanded flat and is currently creating its fourth wave.
Remember, don’t trade without confirmations. Wait for them before creating a trade. Be disciplined, patient, and emotionally controlled. Only trade the highest probability setups with the greatest risk to reward ratio. This will ensure that you become a long-term profitable professional trader.
Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
BITCOIN CRASH PREDICTED! HERE’S WHAT HAPPENS NEXT! (scary)Yello Paradisers, Bitcoin crashed exactly as we predicted in the previous videos that it will happen with the highest probability.
In this video I am explaining to you what's gonna happen next.
Head and shoulders, neckline, is be breaking to the downside, we need a clear confirmation of a reclaim Our channel on high timeframe is getting breakout to the downside and confirmation was that a reclaim was already successful.
In this video I'm sharing with you Elliott Way theory on low timeframe and what needs to be done for confirmation perspective in order for us to continue to go to the downside or have a reversal to the upside.
Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
BTC/USDT Analysis — First Signs of Buyer Support
Hello everyone! This is the daily market analysis from the CryptoRobotics trading analyst.
Yesterday, Bitcoin experienced another wave of decline but failed to reach the local low. A strong absorption of sell orders occurred, and a local support zone formed at $113,300–$112,700. We currently interpret the resulting volume as being positioned for buying.
We are now waiting for a retest of two local support zones:
$114,500–$114,000 (mirror volume zone)
$113,300–$112,700 (local absorption of selling pressure)
From there, we consider local long entries.
The movement potential is aimed at the next sell zone.
If price drops further and shows no reaction within these zones, it's important to closely monitor the price reaction near the $112,000 level.
Buy Zones:
$114,500–$114,000 (mirror volume zone)
$113,300–$112,700 (local absorption of selling pressure)
$110,000–$107,000 (accumulated volume)
Sell Zones:
$115,000–$116,300 (mirror volume zone)
$117,600–$118,600 (accumulated volume)
This publication is not financial advice.
BTC Full Analysis WHERE ARE WE HEADING ???Good afternoon
SO currently with BTC we see the following:
Bullish:
If we can stay and hold above 115,900 then 120K, 122K, 128K and 133K makes sense
BEARISH:
If we close and hold under 113K levels then we can see 108, and 96K levels being hit
What do you think ? Comment Below
Trade Smarter Live Better
Kris
BTC/USDT Analysis – Reached Resistance
Hello everyone! This is the daily analysis from the CryptoRobotics trading analyst.
Yesterday, Bitcoin reached the resistance zone at $115,000–$116,300 (a mirror volume zone), and we are already seeing a reaction from sellers.
Our primary expectations remain unchanged since yesterday — we anticipate a move back down toward the local low. If there’s no reaction at that level, we could see a further decline toward the next support zone at $110,000–$107,000 (accumulated volume). A shift to a bullish scenario is only possible if strong market buying appears, which would be reflected in a sharp spike in volume and upward positioning.
Buy Zones:
$110,000–$107,000 (accumulated volume)
Sell Zones:
$115,000–$116,300 (mirror volume zone)
$117,600–$118,600 (accumulated volume)
This publication is not financial advice.
Bitcoin Consolidates Below VWAP Amid Structural UncertaintyFenzoFx—Bitcoin’s downtrend eased near the bullish order block but hasn’t entered the zone. It’s currently consolidating around $114,360.0, below the July 14 VWAP.
No clear break of structure has occurred, making long positions risky. Key support lies at $110,650.0, backed by high volume.
Technically, price is expected to enter this zone. If it does, traders should watch for a break of structure on lower time frames like M15. This setup offers a minimum 1:7 risk-to-reward.
If BTC closes below the main support, bearish momentum may continue toward the next order block at $110,120.0.
Analytics: Market Outlook and Predictions
📈 WHAT HAPPENED?
Last week, US President Donald Trump once again "shook up" the financial markets.
The report published by the White House was received positively and contributed to the recovery of the Bitcoin price. But soon after, new import duties were introduced, which changed the short-term trend of the first cryptocurrency to a downward one. Unfortunately, no one is immune to FUD.
The local minimum was recorded at $112,000, after which the price rebounded slightly, but didn’t reach the key zone of $110,000-$107,000 (accumulated volumes).
💼 WHAT WILL HAPPEN: OR NOT?
Currently, buyer activity remains weak, with significant volumes concentrated above the current price, and no active demand at the local lows. Another wave of sales is likely from the $115,000-$116,300 zone to the formed low of $112,000.
On the other hand, wave analysis shows the weakening of sellers. The market has already absorbed the last wave of sales, and there was a break on the hourly timeframe. With the growth of buying volumes, a rebound to the nearest volume resistance is possible. However, we’ll most likely not be able to do without strong sales, and we’re highly likely to see Bitcoin at $110,000.
Buy Zones:
$110,000–$107,000 (accumulated volume)
Sell Zones:
$117,600–$118,600 (accumulated volume)
$115,000–$116,300 (mirror volume zone)
📰 IMPORTANT DATES
Macroeconomic events that we’re following this week:
• Tuesday, August 5, 13:45 (UTC) — publication of the business activity index (PMI) in the US services sector for July;
• Tuesday, August 5, 14:00 (UTC) — publication of the US Non-Manufacturing Purchasing Managers' Index (ISM) for July;
• Thursday, August 7, 11:00 (UTC) — announcement of the UK interest rate decision for August;
• August 7, Thursday, 11:30 (UTC) — publication of the Bank of England's letter on UK inflation;
• August 7, Thursday, 12:30 (UTC) — publication of the number of initial jobless claims in the United States for August.
*This post is not a financial recommendation. Make decisions based on your own experience.
#analytics
Bitcoin at Key Support - Watching for Bullish ShiftHello everybody!
Bitcoin has reached a very important demand/support zone between 110,000–112,000.
If this area holds, we could see bullish momentum building on the chart.
Currently, we are waiting for confirmations.
We're watching closely for any change in market structure or a trend shift.
If it happens, we can expect the price to move up to around 118,000.
Manage your risk and trade safe!
BTCUSD - Follow Up AnalysisTaking a look at the daily chart, price action did come down as previously expected in my last article.
Now we're heading into an area of strong support and I expect to see some sideways action until something significant happens next.
How I'm trading this price action?
I believe price action may continue to bounce around from the current price of 113,600 down to 110,000 for at least the next few days. With that said I'm implementing my range trading strategy. The range trading strategy also known as the Bitcoin Scalper scalps on the 1 and 5min timeframe creating sort of like a grid style approach but it's based on candlestick momentum. Since it trades off momentum, it's able to detect breakouts and know when to switch from the ranging strategy to the breakout strategy.
BTC/USDT Analysis – Negative Sentiment Returns
Hello everyone! This is the daily analysis from the trader-analyst at CryptoRobotics.
Yesterday, Trump officially imposed tariffs on 68 countries, which are set to take effect on August 7. The legality of these tariffs is already being challenged in court. The market reacted extremely negatively to this development — despite the overall positive technical setup and volume distribution, Bitcoin dropped to $114,000, deeply testing the volume zone and local lows.
Despite all of this, the bullish scenario should not be ruled out. The price action during the decline has been weak: while selling pressure is high, it has not led to a full breakdown of the lows. At this stage, it’s better to avoid opening new positions. Consider long setups only after a test of the $117,600–$118,600 supply zone, and watch for a buyer’s reaction on the retest.
If negative momentum continues, the price could drop further to the next support zone.
Buy zones:
• $110,000–$107,000 (accumulated volumes)
Sell zones:
• $117,600–$118,600 (accumulated volumes)
This publication is not financial advice.
BITCOIN 2025 TOP PREDICTION!This chart represents the M2 Money Supply / BTCUSD correlation with an 84-day delay.
You can see that the M2 Money Supply has formed a double top (with a lower high) in late September.
The price of bitcoin tops out 525–532 days after the halving in every cycle.
What does this mean?
In my opinion, bitcoin will continue to follow the direction of M2 in a highly correlated manner. This would mean that BTC's top is only 2 months away.
What price will bitcoin top?
That I'm not entirely sure of yet. The M2 / BTC correlation can be placed in a plethora of different scales. However, it currently looks like the top will be BELOW $200,000.
I hope to be proven wrong, but as of right now, bitcoin is following previous cycles perfectly (excluding the fact that we created a new ATH prior the halving, this was because of ETFs).
Given diminishing returns (and assuming that "supercycle" is not reached), $135,000 - $190,000 top in late September makes sense.