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Bitcoin: Is the Bull Run Over or Just Taking a Breather?Bitcoin’s dream rally has hit a major roadblock. After falling below $89,000 for the first time since November 2024, fears of a deeper correction have gripped the market. The catalyst? U.S. President Donald Trump’s renewed "Tariff War," imposing 25% tariffs on Canada and Mexico. This move rattled both traditional and crypto markets, dragging total crypto market capitalization below $3 trillion. With market sentiment plunging to 25—the same levels seen during the FTX collapse—Bitcoin is now sitting at the neckline of a major bearish pattern, raising concerns about whether more downside is ahead. Is Bitcoin’s Structure Still Bullish? 🔹 Descending Parallel Channel – BTC mirrors a pattern from early 2024, when prices dropped to $54,000 before soaring to $109K. 🔹 Key Support at $85,000 – A test of this level could trigger a rebound. 🔹 RSI Declining to 44.39 – Momentum is cooling, but a reversal could be near. 🔹 MACD Still Positive – Despite rising selling pressure, BTC’s weekly MACD suggests a potential bounce. What’s Next for Bitcoin? 📌 Bullish Case – If Bitcoin bounces off support at $85K, a breakout from this descending channel could push it to a new ATH above $112K. 📌 Bearish Case – If BTC fails to hold, it could face extended downside pressure, breaking below key support zones. The bull run isn’t necessarily over, but BTC is at a critical turning point. If history repeats itself, this correction could be the reset needed before a push to new highs.
WHITEBIT:BTCUSDShort
by paul_endeo
$BTCUSD Expansion or Reversal? Key Levels to WatchBITSTAMP:BTCUSD Overview We explore the key resistance and support levels, potential pattern formations, and what we should monitor in the coming sessions. Bitcoin appears to be forming an expanding triangle within the broader range of its weekly fractals. Additionally, there is the potential emergence of a double top reversal pattern . This pattern has a critical support level at $89,164, which acts as a neckline. A breakdown below this support could threaten the weekly fractal support positioned at $91,530. If the breakdown confirms , Bitcoin may experience a significant decline, targeting the previously broken monthly fractal resistance at $73,794 , representing a potential 17% drop . This level coincides with the 200% Fibonacci extension, often seen as a default target for a double top reversal. Despite the downside risks, a corrective move lower may provide a bullish setup. A key support level at $76,368 aligns with the 161.8% Fibonacci extension of the last bullish swing. A potential Bullish Deep Crab Pattern could form around this level, indicating a possible reversal. If Bitcoin reaches this zone, traders should monitor price reactions for signs of recovery. Will Bitcoin break higher, or is a deeper correction on the horizon? Stay tuned for further updates! Key Takeaways Weekly Fractal Resistance: $109,359 Weekly Fractal Support: $91,530 Daily Fractal Resistance: $98,871 (rejecting 38.2% Fibonacci retracement at $98,314) Daily Support: $93,340 (above weekly fractal support) Critical Support Level: $89,164 (neckline for a potential double top) Downside Target: $73,794 (previous monthly fractal resistance, aligning with 200% Fibonacci extension) Bullish Reversal Zone: $76,368 (161.8% Fibonacci extension, potential Bullish Deep Crab Pattern) It is important to remain neutral regarding bias unless the price confirms the pattern with a breakdown below the neckline. Until that happens, the market structure remains open to different scenarios, and traders should focus on confirmation signals rather than assumptions. Happy Trading, André Cardoso Risk Warning: Trading financial assets carries a high level of risk and may result in the loss of all your capital. Make sure to fully understand the risks involved before you start trading and carefully consider your investment objectives, level of experience, and risk tolerance. The data and information provided in this content do not constitute financial or investment advice and should not be considered as such. Only invest what you can afford to lose, and be aware of the risks associated with trading financial assets.
BITSTAMP:BTCUSD
by Andre_Cardoso
Univers Of Signals| ENSUSDT Better Status Than AltcoinsLet's go together with one of the popular layer two coins that works in domain and address naming services for wallets and recently announced that it will launch layer two soon 🌐 Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. 📊 Weekly Timeframe On the weekly time frame, ENS is one of the bullish coins in the market that has a good situation ahead and has started its main upward movement before the start of 2025 and in late 2023 After the start of the main movement after the 9.99 break, we started our main upward trend and we can say that we broke our ceiling in terms of market cap and made a new ATH market cap We are also on a curve line that is bullish and supportive in nature and if this line is broken, it shows us that the main upward trend has weakened and if we go below 15.90, we will see a trend change in MWC For re-entry, the 47.68 break is an interesting trigger and you can buy again and if the exit trigger is below 15.90, you can exit and for now, I recommend You can't buy in this time frame 📈 Daily Timeframe In the daily time frame, however, it has held its own more than the rest of the altcoins and is suffering in its daily box between 24.78 and 27.55, which happened after the rejection at 47.68. Also, in this time frame, we have a trend line that if the price reaches it, we will have the possibility of reacting and we will use it as a tool to save profit in the lower time frame if we react to it. Also, the rejection candle that closes from this resistance at 27.55 in the same way, we will have the possibility of continuing the downtrend, and if 24.78 is broken, we can move towards 20.81 and 15.90. And for buying, if this support is faked or the 35.98 trigger is activated, I will buy, and in this box, I will only I trade in futures ⏱ 4-Hour Timeframe In the four-hour time frame, what happened is that we faked the resistance above the box, which increases the probability of breaking the support floor 📉 Short Position Trigger you can open a position with this four-hour candle as a guide, but on the other hand, it is better to wait for the support to reach 24.79 and the reaction from it and then follow its breakdown 📈 Long Position Trigger we need to return to the ceiling again for now, and if we return above the support level sooner, we can think more about breaking 27.91 and open a more confident long position . 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends
by UNIVERSOFSIGNALS
2
What's next can we expect from Bitcoin???Bitcoin after making All-time-high is being trading in a long range. According to range trading rule, btc is currently trading under the range low. Now, if we see range low reclaim, then we can see btc making new ATH (green line). If btc doesn't holds it's support, then we may probably see btc tapping into it's fvg and from there we can expect great reversal (blue line). bad case scenario if btc dumps below 80K (major CME gap region) (yellow line).
Long
by CryptoNether
Bitcoin Approaches the Critical $90,000 SupportBitcoin has registered a decline of more than 4% over the past two trading sessions, and for now, the bearish bias remains strong. This downward pressure is fueled by major security breaches on the Bybit exchange, where approximately $1.4 billion in funds were stolen. This event has eroded confidence in Bitcoin, leading to sustained selling pressure in the short term. Sideways Range Remains Intact For now, Bitcoin continues to trade within a well-defined sideways range, respecting the $106,000 resistance and the $90,000 support levels. The price has broken below the short-term uptrend, which had previously supported bullish momentum and Bitcoin is now approaching the lower boundary of this critical range. As long as the price remains below the 50-period simple moving average (SMA), the bullish momentum from January may fade, leaving sellers in control. The current sideways channel is the most important technical formation, as it may determine Bitcoin’s future trend. TRIX Indicator: The TRIX line has recently turned bearish, bringing price oscillations down to the 0 neutral level. If this level crosses into negative territory, it could signal that sellers have gained full control over price momentum. This could further reinforce the ongoing bearish pressure. MACD Indicator: The MACD histogram remains below the neutral 0 level. Both the MACD line and the signal line are following the same downward movement as the histogram. If price action continues to move further below 0, it would confirm that the short-term moving averages are predominantly bearish, reinforcing the selling bias. Key Levels to Watch: $106,000 – Major Resistance: The most important resistance level at the top of the current sideways channel. A break above this level could reactivate the uptrend that was in place a few weeks ago. $98,000 – Key Resistance: New resistance level aligning with the 50-period SMA barrier. If price approaches this level again, it could reinforce short-term neutrality, keeping the sideways channel intact. $90,000 – Critical Support: The key support level at the lower boundary of the sideways range. If Bitcoin reaches and breaks this level, the current bearish bias could become significantly stronger, potentially leading to a confirmed downtrend. By Julian Pineda, CFA – Market Analyst
FOREXCOM:BTCUSD
by FOREXcom
Bitcoin's Volatility Lull: Is a Major Breakout Imminent?Bitcoin, the undisputed king of cryptocurrencies, finds itself in a peculiar state of limbo. While the broader financial world buzzes with geopolitical uncertainty and economic shifts, BTC's price action has settled into a remarkably narrow range, leading to a significant drop in implied volatility. This period of relative calm, however, is juxtaposed with significant undercurrents: a major exchange hack, strategic accumulation by corporate giants, and the ever-present debate over Bitcoin's next major price movement. One of the most notable observations is the near-record low implied volatility. Implied volatility, a measure of the market's expectation of future price swings, has dwindled, suggesting traders are anticipating less dramatic price fluctuations. This quietude is unusual for Bitcoin, a notoriously volatile asset. Traditionally, such suppressed volatility often precedes a significant breakout, either upward or downward. The current stasis could be a coiled spring, ready to unleash a surge of price action when the right catalyst emerges. Adding another layer of complexity is Bitcoin's rangebound trading. Despite the recent Bybit hack, which raised concerns about exchange security and potential market instability, Bitcoin has remained remarkably resilient within its established trading corridor. This resilience, however, has also bred a sense of unease among traders and analysts. The lack of a decisive break in either direction has left many wondering whether this consolidation is a period of accumulation or a sign of waning momentum. The Bybit hack, while disruptive, appears to have had a limited impact on Bitcoin's overall price trajectory. This suggests that the market may be becoming more adept at absorbing such shocks, a sign of its growing maturity. Nevertheless, the incident serves as a stark reminder of the inherent risks associated with centralized exchanges and the importance of robust security measures. Amidst this backdrop of low volatility and rangebound trading, the pronouncements of prominent traders and corporate players are adding fuel to the fire. A crucial narrative revolves around the $106,000 price level. According to some analysts, this threshold represents a critical juncture for Bitcoin. A successful reclaim of this level would, they argue, signal the beginning of a new phase of price discovery, potentially leading to substantial gains. However, the path to $105,000 + is far from certain. Counterarguments suggest that a significant dip to $80,000 remains a distinct possibility. This perspective highlights the inherent uncertainty of the cryptocurrency market, where technical analysis and fundamental factors can often provide conflicting signals. The potential for a sharp correction underscores the importance of risk management and the need for traders to remain vigilant. On the bullish side, MicroStrategy's Michael Saylor continues to make waves with his unwavering commitment to Bitcoin. The company's "21/21" plan, which involves ongoing Bitcoin accumulation, is progressing steadily following a recent $2 billion convertible note offering. Saylor's bullish stance and his company's strategic acquisitions have become a significant market force, providing a powerful vote of confidence in Bitcoin's long-term potential. MicroStrategy's approach is not merely speculative; it is a calculated bet on Bitcoin's role as a store of value and a hedge against inflation. This strategy has resonated with other institutional investors, contributing to the growing acceptance of Bitcoin as a legitimate asset class. The company's continued accumulation efforts are likely to exert upward pressure on Bitcoin's price, particularly if demand from other sources increases. The confluence of these factors – low implied volatility, rangebound trading, the $105,000+ debate, and MicroStrategy's aggressive accumulation – creates a fascinating and potentially explosive dynamic. The low volatility could be a temporary lull before a significant price movement, while the rangebound trading indicates a period of indecision that will eventually resolve itself. The $105,000+ level represents a critical test for Bitcoin. A successful breach of this threshold could trigger a wave of buying, propelling the price to new highs. Conversely, a failure to reclaim this level could lead to a significant correction, potentially validating the bearish predictions of a dip to $80,000. In the meantime, MicroStrategy's continued accumulation provides a strong foundation of support for Bitcoin's price. The company's strategic approach and its commitment to long-term holding suggest that it is not swayed by short-term price fluctuations. In conclusion, Bitcoin's current state is a complex interplay of conflicting signals. The low implied volatility and rangebound trading create an atmosphere of uncertainty, while the $105,000+ debate and MicroStrategy's accumulation provide clear points of focus. The cryptocurrency market is poised for a potential breakout, and the direction of that breakout will likely be determined by the interplay of these factors. Whether Bitcoin will reclaim $105,000+ or dip to $80,000 remains to be seen, but one thing is certain: the next chapter in Bitcoin's story is about to unfold.
BITSTAMP:BTCUSD
by bryandowningqln
BTC/USDT: Breaking Free from a Descending Broadening WedgePattern Breakdown: Descending Broadening Wedge: Characterized by lower highs (LH) and lower lows (LL), this pattern reflects increasing volatility and a potential exhaustion of selling pressure. Historically, these patterns often resolve to the upside as buyers reclaim control. -------------------------------------- Current Structure: BTC has bounced from the lower boundary of the wedge, showing signs of a bullish reversal. The price action aligns well with the theoretical breakout strategy depicted in the diagram, highlighting a high-probability long setup. -------------------------------------- Key Levels to Watch: Immediate Resistance: The upper boundary of the wedge around $98,000 serves as the first hurdle. Breakout Target: A successful breakout above $98,000 could push BTC toward the highlighted supply zone at $101,200-$102,000. Support Levels: Critical support rests near $93,500, where bulls need to maintain control to preserve the bullish outlook. -------------------------------------- Momentum Indicators: Volume: A noticeable decline during the wedge's formation suggests consolidation, often preceding a strong breakout. Relative Strength Index (RSI): The RSI is turning upward from oversold levels, signaling increasing buying pressure. -------------------------------------- Trade Setup: Entry: Watch for a confirmed breakout above $98,000. Targets: The first target lies at $101,200, with the potential for further upside toward $105,000 if momentum sustains. Stop Loss: A break below $93,500 invalidates the bullish scenario.
Long
by melikatrader94
16
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Feb 21, 2025Technical Analysis and Outlook: During last week's trading session, Bitcoin was unable to reach our designated Mean Resistance level at 101300 and has remained stagnant near the Mean Support at 95700. This trend indicates a potential continuation of the pullback, which may cross-check the Mean Support level at 95700, with the prospect of further decline toward the Outer Coin Dip identified at 89000 via additional Mean Support levels at 94400, and 92500. Conversely, should the anticipated pullback not materialize, Bitcoin may experience upward momentum, thereby testing the newly established Mean Resistance level at 98300. This development could facilitate an extension toward 101500 and beyond.
BITSTAMP:BTCUSD
by TradeSelecter
Bitcoin (BTC/USDT) at a Critical Zone: Two Possible Scenarioshello guys! Support Zones: BTC has bounced from QML1 (~$95,500) after testing it as support. A deeper retracement to QML2 (~$94,400) is also possible if the current level fails. Two Potential Scenarios: Bullish Scenario: If BTC holds above QML1, it could continue its upward momentum toward $98,778, breaking previous highs. Bearish Scenario: If BTC loses support at QML1, a dip toward QML2 might occur before another potential bounce to the upside. Liquidity & Structure: The overall trend suggests a bullish continuation, but a retracement for liquidity grab is still in play. _____________________________ Trading Plan: Long Entry: If BTC confirms support at QML1, targeting $98,778. Wait & See: If BTC dips to QML2, look for reversal signals before entering.
Long
by melikatrader94
6
New bitcoin pattern on 1WUsually on Monday we publish analytics with a local perspective, but this time we have not enough information for a full-quality forecast. Nevertheless, this week is notable for the fact that a new EXP pattern has formed on INDEX:BTCUSD on the weekly timeframe. It is notable that we have an earlier pattern from May 21👇 And the new pattern is essentially the "big brother" of the smaller pattern and gives us more distant target levels (as is often the case with higher-level patterns, most likely not all of them will be reached). The fact that the formation of this model occurred through the touch of the trend line increases the probability of a test of $73,757 and $77,723 (but only increases, the level of uncertainty is still high).
INDEX:BTCUSD
by TSFC
1
Pi The Hottest Crypto on the Block! Future Price SpeculationPi is a cryptocurrency that has taken the crypto markets by shock. It has been getting slammed by calling it a scam or even a Ponzi scheme. From my research I couldn’t find where this speculation came from, since it doesn’t ask for money, yet it might take some user data to fund the server of the app through its ad feature that could be turned off for two weeks. Speculation of a double digit, triple digit, or even the famous 300k per a pi is unrealistic at this current time or is it? Well, double digit is most likely, but it’s very slim unless I don’t see the full picture. To hit $50-$60 with current supply and not fully diluted supply, would make Pi worth more than Ethereum which is unlikely unless Pi is bigger in Africa and Asia than we expect. Pi is an XLM fork which is a fork of XRP. The max supply of Pi would be closer to XRP, but how it functions is closer to XLM. It uses an XLM protocol of trust and security mining. When you hit mine, it sends it to a node to verify that press and transaction. A lot of transactions on the network also go through the super nodes, yet those are few since Pi is also a centralized coin. How centralized is it? Well, to move your Pi from your mining to your wallet you must perform a KYC. This helps bots, but also it creates an environment where if any criminal activity is found it can ban your wallet. Also, the process to become a super node, the Pi core team has approved you. Trading this coin? At the current price of Pi, I’ve given it a trading range of 0.63399-0.74111. It’s super early, but a mining rate for me of 0.08 with running a node and having 1 person it says I make about 3cents usd every hour. There isn’t a lot of new Pi coming into the market, besides the initial dump. There’s one problem now that could hult upward movement and that’s the US and UK have no exchanges that accept deposits or withdrawals. That’s a lot of Pi that can’t be sold or traded. A US and UK exchange to allow this could bring the price down to a new low of 0.50 or 0.40. At the moment in the US you can buy on HiBT and PionexUS, but can't deposit or withdraw. Final thoughts? -Pi has been slammed for years and now its out and hasn’t rugged, proves this project might be here to stay. -Pi’s value is unknown without further knowledge of how widely used it is in places like Africa and Asia. Social media videos show its thriving and its followers on social media surpass top cryptocurrencies social media follower counts. There hasn’t been a big name backing this project yet. It is posted on Sandford as a sponsor, but that's where the founders went to school. -Price range is 0.63399-0.74111 with 0.5-0.4 could come if US and UK sellers come in. I personally expected it to 0.20 for me with me mining a $0.01 an hour. -There could be a moon rocket due to the amount of Pi that isn’t available to trade and not enough new Pi that is coming in the market. Overall I’m bullish and with my Pi I mine, 3700+, I bought 1000+ more on Pi due to the supply shortage that could happen.
Long
by nathanielx9
Bitcoin’s Path to $100K Faces a Major Threat—Here’s WhyBitcoin’s recent rally has brought it tantalizingly close to $100,000, but a growing on-chain trend suggests that breaking this key level won’t be easy. Exchange reserves are rising, signaling that more BTC is being deposited into trading platforms—typically a sign that selling pressure is mounting. 📊 The Numbers Don’t Lie Since February 6, BTC’s exchange reserves have increased by 1%, reaching 2.47 million BTC, according to CryptoQuant. Historically, when more Bitcoin flows into exchanges, it signals that holders are preparing to sell, which can cap price growth. This trend has played out over the past 15 days, with BTC struggling to move beyond $98,663 resistance, while holding support at $95,650. Whale Activity Plummets – A Warning Sign? Adding to the concern, large BTC holders’ netflow has dropped 299% in the past week. When whales move BTC onto exchanges, it suggests institutional investors are taking profits, which can trigger a chain reaction of selling. Key Levels to Watch 🔽 Bearish Scenario: If selling pressure intensifies, BTC could test $95,650 support. A break below this could send it toward $92,325. 🔼 Bullish Scenario: If demand rebounds, BTC must clear $98,663 before attempting to break $102,753. A successful move beyond this could target $109,356, last reached on January 20. With exchange reserves rising and whale activity declining, BTC’s path to $100K remains uncertain. Will demand return, or are we heading for another pullback?
WHITEBIT:BTCUSDShort
by paul_endeo
Panic Selling Shakes the Market, Altseason Not Started Yet Hello, Altseason has been delayed due to market manipulation and panic selling by retail investors. Many traders capitulated as fear took over, leading to cascading liquidations and further price drops. Whales took advantage of weak hands, triggering stop losses and accumulating at discounted prices. FUD-driven sentiment and regulatory concerns added to the sell-off, causing a temporary shift in market confidence. However, on-chain data suggests strong accumulation, and BTC dominance is peaking—both signs of an upcoming altseason. With liquidity returning and sentiment improving, altcoins are likely to see explosive moves soon.
CRYPTOCAP:OTHERSLong
by ahmed_do