BTC Update (4H)After Bitcoin devastated altcoins, it hit a support zone and calmed down.
It could move from the green zone towards the red box. If it makes another touch with the green box before reaching the red box, we can consider buying/longing in the green zone.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Btc!
BTC is still bearish (4H)No strong order block is visible ahead of the price, and the lower zones have already been consumed.
With further analysis of Bitcoin's chart, it can be observed that market whales are waiting to buy at lower levels. The range of 90k to 85k is suitable for buying. Don't rush. This analysis will be updated periodically.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin - Bitcoin lost $100,000?!Bitcoin is trading below the EMA50 and EMA200 on the four-hour timeframe and is trading in its descending channel. Bitcoin’s upward correction and its placement in the supply zone will allow us to resell it. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and capital management in the cryptocurrency market will be more important. If the downward trend continues, we can buy in the demand range.
In the past trading week, spot Bitcoin ETFs saw an inflow of $560 million, though this represents a significant decline compared to the previous two weeks. Meanwhile, as of January 31, 2025, U.S. spot Ethereum ETFs recorded a minor outflow of $45 million, though this decline was not particularly drastic.
At the same time, Standard Chartered Bank has advised investors in a new research note to view Bitcoin’s drop below $100,000 and the over 6% single-day decline in the crypto market as a buying opportunity. Jeff Kendrick, Head of Digital Asset Research at Standard Chartered, stated: “Hope is not a strategy.” He further explained: “When hope disappears, digital asset prices tend to fall by 10% to 20%.”
Despite recent market volatility, Standard Chartered remains optimistic about Bitcoin’s price trajectory in 2025. The bank’s research suggests that growing institutional interest could accelerate Bitcoin’s potential surge to $200,000 by the end of the year.
Last week, Donald Trump fulfilled two key promises to the crypto industry:
1. Granting clemency to Ross Ulbricht, the founder of Silk Road, who is regarded as a symbolic figure among Bitcoin and libertarian communities.
2.Signing an executive order on cryptocurrencies, which aims to enhance regulatory transparency for digital assets, promote stablecoins, prevent the debanking of the crypto sector, and ban the creation of a Central Bank Digital Currency (CBDC).
In parallel, Jeff Kendrick of Standard Chartered also warned investors to pay close attention to altcoins, referring to cryptocurrencies other than Bitcoin that are expected to experience significant growth in the coming year. He stated: “As soon as we enter the second phase, in my view, the altcoin season will begin.” Kendrick further noted that institutional flows will primarily drive Bitcoin and Ethereum investments, partially offsetting the rotation into altcoins.
Responding to the growing interest in Bitcoin and Solana, MetaMask is planning to expand beyond Ethereum. The company is currently working on integrating Bitcoin functionality while simultaneously exploring decentralized finance (DeFi) opportunities across multiple blockchain ecosystems.
Meanwhile, Texas Lieutenant Governor Dan Patrick has identified the establishment of a state Bitcoin reserve as a top priority for 2025. Texas, already a pioneer in adopting Bitcoin at the state level, continues on this path despite challenges at the national level.
If the proposal is approved, Texas will become the first U.S. state to hold Bitcoin as a financial reserve on its balance sheet, a move that could accelerate Bitcoin adoption within the U.S. financial system.
Bitcoin Plunges to $91K Amid Market TurmoilThe cryptocurrency market has been rattled as Bitcoin ( CRYPTOCAP:BTC ) nosedived 16% to $91,000, triggering concerns among investors. This steep drop comes amid broader market sell-offs, with Ethereum ( CRYPTOCAP:ETH ) and leading meme coins shedding nearly 20% of their value. The primary catalyst? Speculations of a trade war fueled by U.S. President Donald Trump's latest tariffs.
Technical Analysis
Bitcoin's price plummeted to an intraday low of $91,242, marking one of its most significant drops in recent months. Despite rebounding slightly to $94K, BTC’s movement reflects extreme volatility. Key technical indicators suggest:
- Support Levels: The next critical support zone lies near $90K, a psychological level that, if broken, could lead to further declines.
- Resistance Levels: BTC faces immediate resistance at $100K, with further upside contingent on market recovery.
- Liquidations: Over $397 million worth of CRYPTOCAP:BTC long positions were liquidated in the past 24 hours, amplifying selling pressure.
- Bitcoin Dominance: BTC dominance surged 2.76% to 61.38%, indicating that altcoins are suffering heavier losses compared to Bitcoin.
Additionally, the 9.5% drop in the total crypto market cap to $3.04 trillion, alongside a 182% increase in trading volume to $286.91 billion**, signals panic-driven trading behavior.
Trade War Fears & Market Uncertainty
The backdrop for this crypto crash is rooted in macroeconomic developments, particularly **Donald Trump’s new tariffs on Canada, Mexico, and China**. The prospect of escalating trade tensions has spooked global investors, leading to a risk-off sentiment across financial markets.
Key fundamental factors contributing to Bitcoin’s decline:
1. Global Trade War Speculations – Trump's tariff policy has sparked fears of retaliatory measures, which could weaken global economic stability and reduce institutional appetite for risk assets like cryptocurrencies.
2. Market Liquidations – Over $2 billion worth of crypto liquidations occurred in the past 24 hours, intensifying downward momentum.
3. Investor Sentiment Shift – Uncertainty prevails as market participants remain divided, with some anticipating a rebound while others brace for further declines.
4. Macroeconomic Headwinds – Broader economic factors, including inflation concerns and regulatory uncertainties, add pressure to BTC's price action.
What’s Next for Bitcoin?
While the current downturn is causing fear, Bitcoin has historically demonstrated resilience in the face of macroeconomic turmoil. The coming days will be critical, with key factors to watch including:
- $90K Support Test – If Bitcoin holds this level, a relief rally could follow, potentially targeting $100K resistance.
- Macroeconomic Developments – Any updates on the global trade situation or Federal Reserve monetary policy could influence BTC’s trajectory.
- Institutional Interest – Large players may use this dip as a buying opportunity, injecting fresh liquidity into the market.
Conclusion
Bitcoin's 16% crash to $91K reflects a combination of technical breakdowns and macroeconomic pressures. While uncertainty looms, BTC remains a key asset in the crypto ecosystem, with historical recoveries following major dips. As the market navigates trade war fears, investors should remain cautious, keeping an eye on support levels and potential rebounds.
Gold XAUUSD Possible Move 03.02.2025Gold (XAU/USD) Analysis
Trend Structure:
The chart shows a clear uptrend, forming a series of higher highs.
Price is currently near a trendline support, indicating a potential bounce.
Key Levels:
Support Zone: $2,770 - $2,775 (Trendline & previous resistance turned support)
Target (Resistance): $2,800 (Previous high & psychological level)
Stop Loss (SL): $2,765 (Below the trendline and key support)
Trade Setup:
Entry: Around $2,770 - $2,775
Take Profit (TP): $2,800
Stop Loss (SL): $2,765
Risk-Reward Ratio: Favorable setup with a small risk and a decent upside.
Technical Indicators:
Price retesting support zone.
If it holds above support, the bullish trend could continue.
Conclusion:
If gold bounces from the support, it could head towards $2,800.
A break below $2,765 could indicate further downside.
Bullish bias remains unless the support breaks.
Watching for 98.2K resistance for short entryMorning folks,
So, this week / our DRPO "Sell" pattern is one step closer to confirmation and has a good chances to start working this week.
Meantime, due to weekend collapse BTC now is overextended. The problem is not about BTC itself but in jump of the USD, triggered by Donny's tariffs. We suggest to get technical rally, back to ~98.2K resistance area and consider short entry there if DRPO still will be OK.
If DRPO will be confirmed this week, its target stands around 81K support area. So, it is worthy to pay attention to...
BITCOIN BEARISH PROJECTION#Bitcoin is showing potential for downside momentum if the price confirms a breakout below key support. A confirmed breakdown could lead to a retracement toward the 200 EMA, aligning with a possible 38% Fibonacci correction. The double top formation has intensified bearish sentiment, pushing the price below $95K.
Additionally, fair value gaps on the left indicate that if selling pressure increases, the price could dip below $80K. The trendline drawn on the daily timeframe is also acting as a crucial support level to watch.
The market has been struggling, with panic setting in due to recent developments. This aligns with escalating trade tensions, driven by Donald Trump’s decisive actions regarding Canada and BRICS. Key events contributing to market uncertainty include the latest tariffs imposed on Canadian goods, potential restrictions on trade with BRICS nations, and heightened geopolitical friction. These factors have intensified volatility, prompting investors to reassess risks in the global economy.
Be careful with bitcoin !!!As you can see, the price is forming two bullish patterns on the 4h timeframe, If my view is correct, btc will rise to $120k .
And if this pattern is correct and breaks, higher targets are possible.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin’s price has finally started movingHello, dear friends!🩷
I’m so glad to see You here! After a week of stagnation, Bitcoin’s price has finally started moving—it’s heading downwards, continuing to form an inverted triangle, or as some might call it, an inverted wedge!
I believe that in the near future—perhaps a day or two—we might see Bitcoin at $90,000. Whether the price will continue to drop after that is still unclear, so we’ll keep a close eye on how it develops.
How are You doing? Where do You think Bitcoin is headed in the near term? Do You agree with my analysis, or do You have a different opinion? Share Your thoughts in the comments—I’d love to hear them!
Thanks for Your attention🫶
Sincerely Yours, Kateryna 💛
Bitcoin: Potential Bearish Breakdown with Key Support Zoneshello guys!
The chart suggests a Head and Shoulders pattern, indicating a possible bullish (in a higher time frame) continuation. Here are the key points:
Head and Neckline Structure
A well-defined head formation at the top, with a sloping trendline indicating weakness.
The neckline is around 97,657, which is a key support level.
QML2 & Price Rejection
The price could test the QML2 area, confirming bearish sentiment.
The descending trendline further reinforces selling pressure.
Expected Price Action
A short-term pullback might occur near 97,657, but a break below this level could trigger further downside.
The next major support is the QML1 zone at 93,455, where buyers may step in.
If selling pressure continues, the price could drop further into the 91,829 - 91,468 demand area.
Potential Reversal Scenario
If Bitcoin finds support at the lower QML1 or demand area, a strong bullish recovery toward 103,000+ could follow.
Overall, this setup suggests a short-term bearish continuation, but traders should monitor price action near key support zones for a potential bullish reversal.
AT CryptoScan: BTCUSD downside target is...As highlighted previously, there were issues with the recent BTCUSD Bitcoin rally... and so it is very clear now that there is a TOP resistance to breakout eventually. This is marked out by the green box at about 107K. Furthermore, breaking back into the purple box also suggests a breakdown out of the lower end... to which just about happened. The thing is, this is only a beginning and there should be about 5 to 8 days more of overall sliding down.
Notice that the candlesticks of late are getting longer and longer? This is indicative of momentum and as it falls over the cliff, it would continue until it stops. Meanwhile, it just is about to break the SuperTrend support.
So expect more downside...
I marked out the immediate TDST at 89,164, expecting that over the next 5 days shou;ld breakdown below that level. The next TDST is at 69,284... and I think this is a little too far down.
Looking for two bounce areas at 88K and 75K for reaccumulation, some time in mid- to end- February. That's the plan.
$BTC Remains Bullish Despite Tariff FearsMarket is panicking over Tariff Wars, but ₿itcoin continues to remain in a bullish uptrend.
CRYPTOCAP:BTC got rejected hard at $104k on the Weekly, and has closed below the 9WMA.
Strong possibility of price trading $94-91k. A range for a few weeks might appear painful, but will give the market time to reset and accumulate all that liquidity for the next leg up.
Price is nowhere close to the 20 or 50WMA, so there’s nothing really to worry about structurally at this point.
The Bull Case is price is closing above the .382 Fib, so we could slingshot up if we get some bullish catalysts next week.
WHEN IN DOUBT, ZOOM OUT.
TOTAL2 / BTC ALTS Should be Close to BottomingWho remembers this chart I posted a month ago on TOTAL2 / BTC ?
This was the one that TradingView shared of mine on 12/31/24
Called the double bottom here. My squiggles are undefeated.
Alts should be close to the end of bleeding.
One last flush I presume (hope) 😂
BTC - 4H Key Support Zone & Potential ReversalBINANCE:BTCUSDT is currently at the bottom of a descending channel on the 4H timeframe, aligning with a key support level. Given the broader bullish trend on higher timeframes, this zone could provide a strong foundation for a rebound.
📊 Key Observations:
Descending Channel Support: Price is testing the lower boundary of the channel, historically acting as a reversal point.
Bullish Higher Timeframe Context: Despite the short-term downtrend, the macro trend remains bullish, increasing the probability of an upside reaction.
Potential Targets: If support holds, the first target would be the mid-channel zone (~$100K), followed by a move toward the upper boundary around $104K-$106K.
💡 Trading Plan:
1️⃣ Watch for bullish confirmation signals like a bounce with strong volume or bullish divergences.
2️⃣ If support fails, BTC could dip further before a stronger reaction—stay alert!
3️⃣ Higher timeframe traders may see this as a buy-the-dip opportunity in an overall bullish market.
🚀 The next move could be massive! Follow for real-time updates and expert analysis! 🔔
Bitcoin: Price Bounce Back To 100K Area?Bitcoin has rejected the 105K AREA resistance (wrote about this for two weeks see previous). Risk for longs was very high in that area, if you bought, now you pay. The 100K support was cleared but there is some minor support around the mid to high 96Ks (see arrow). There may be a brief retrace from here back to the low 100Ks over the next day or two. IF the 95K area is cleared, the 90K support can be tested quickly. This is a very high momentum environment, the key to navigating this is paying more attention to the bigger picture and adjusting risk by sizing smaller.
Knowing your environment is key to adjusting effectively. For example, in the recent weeks, price action on smaller time frames has been extreme, moving 500 points in less than a minute. While this may sound great on paper, the problem is getting caught in noise will be very expensive, since the whole point of working on smaller time frames is to utilize larger size. This is where zooming out and getting smaller with the plan of averaging into a position can help to better control risk while minimizing getting caught in noise.
On the daily chart, pay attention to the levels and how price reacts on time frames like the 4 hour (swing trades). Notice the pin bar (arrow) off the 96K area recently. This serves as a point of reference for longs. A reversal candle or strong close on a smaller time frame like 4 hour or 1 hour can prompt you to take a smaller position with a much wider than usual stop (like 2 to 3K points). If Bitcoin fails, and price action stays bearish, you get stopped out but you never add to the position. You lose on small size. IF Bitcoin shows strength off this level instead you can justify an add, and aim for at least 2 to 3K profit objective (100K to 102K area).
The point is you are adjusting your risk to the environment. If there is any skill to this game, it is knowing how to adjust your style, size, risk as the environment changes.
The market gives the clues and that is the best source to acknowledge them from. Bitcoin has been in a consolidation since mid December with the 108K AREA being the high and the 90K AREA being the low. While the general trend is bullish, there are going to be numerous swing trade opportunities within the range, especially at the extremes. In ranging environments BOTH support and resistance levels can hold UNTIL the range eventually breaks. You are better off adjusting to the price action around the major and minor levels within this range rather than trying to forecast the breakout to 200K.
Thank you for considering my analysis and perspective.
Bitcoin Bull Market: End of the Run or Power Accumulation?Bitcoin Bull Market: Over or Just a Strategic Pause?
Trend Overview:
- The market is currently following a primary ascending channel, suggesting an overall bullish trend with periodic retracements.
- The price has recently experienced a bullish breakout, followed by a brief consolidation within a bearish channel.
Resistance & Support:
- The chart highlights key resistance levels: $109,356 (ATH Jan 2025) and $103,757 (recent resistance).
- Support is noted around $79,579, with additional support at $71,400 and the demand zone near $49,736.
Key Price Action:
- A bearish area confirmation is marked, suggesting the price could drop sharply if the daily candle closes below $92,800. The anticipated drop could target the next support levels at $79K and $71K.
- The range between $64,938 and $49,736 indicates a previous consolidation period, which could act as support if the price moves lower.
Outlook:
- If the price holds above the support levels (particularly the $92,800 level), it could potentially continue moving toward the resistance zone. However, if the market breaks below the support lines, further downside to the $71,400 and $64,938 levels is likely.
- If the weekly candle closes above $104,570, it would signal a strong bullish trend, potentially leading Bitcoin toward the $127,000 level. This breakout above the resistance could indicate further upside momentum, pushing the price to test higher targets and possibly reaching a new all-time high.
Election Rally Price BalanceThis is simple, Trumps Election win caused a massive rally with no retrace back to November 6th. We have to balance out that price action before we break the ceiling of $4,000. I also believe we had a massive gain on Crypto New Comers and this is the way they will get wiped out. Call it a Bear Trap, Shakeout, Liquidator. We will eventually climb back up.