Powell’s Speech & Bitcoin’s Decline: Is More Downside Ahead? Today, Fed Chair Jerome Powell is set to speak, and traders should brace for potential market volatility! Given the recent economic data , his tone is likely to be balanced but leaning hawkish .
Why a More Hawkish Powell?
1- Strong Job Market :
Unemployment Rate : 4.1% (Still low)
Non-Farm Payrolls (NFP) : 151K (Decent, but lower than before)
Average Hourly Earnings : 0.3% (Steady wage growth)
This suggests that the labor market remains resilient, which might discourage the Fed from cutting rates too soon.
2- Inflation Still a Concern :
Wage growth and inflationary pressures persist, which means Powell may emphasize keeping rates steady longer to combat inflation.
3- Markets Are Too Optimistic on Rate Cuts :
Investors are heavily betting on rate cuts in 2024, but Powell may push back against these expectations to prevent excessive risk-taking.
Powell will likely maintain a cautious yet hawkish stance to manage expectations. Big price swings are expected across forex, crypto, and commodities—so stay alert! (Of course, this is just a personal analysis).
In addition to Donald Trump , Signs Executive Order to Create Bitcoin Strategic Reserve
Of course, today, we didn't see any strange movement in Bitcoin, and probably, the proverb " buy the rumor, sell the news " was fulfilled.
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Now let's take a look at the Bitcoin chart on the 1-hour time frame and also take help from technical analysis tools .
Bitcoin ( BINANCE:BTCUSDT ) is in a Heavy Resistance zone($93,300_$89,250) and has started to decline from Potential Reversal Zone(PRZ) .
From a Classic Technical Analysis , Bitcoin appears to move in a Symmetrical Triangle .
According to Elliott Wave theory , Bitcoin has completed the Double Three Correction(WXY) , and we should wait for the next bearish wave .
I expect Bitcoin to attack 200_SMA(Daily) again after breaking the lower line of the Symmetrical Triangle .
Note: Bitcoin is likely to pump more if the symmetrical triangle's upper line breaks.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-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).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Btc-bitcoin
Bitcoin’s Roller Coaster Ride: More Volatility Until March 7?Bitcoin ( BINANCE:BTCUSDT ) has been acting like a Roller Coaster in the last few days, and one of the main reasons for the high momentum movements is Donald Trump's speech . Generally, this market behavior detriments investors and trades. Such movements may continue until March 7 ( Let us recall that Donald Trump will meet with industry representatives at the “first crypto summit” at the White House on March 7 ).
So please pay more attention to Capital Management these days .
It seems that Bitcoin's Main Support is 200_SMA(Daily) , which failed to break yesterday and started to increase again. Now, Bitcoin has succeeded in breaking the Resistance zone($87,100-$85,800) .
According to Elliott wave theory , Bitcoin seems to be completing a Zigzag Correction(ABC/5-3-5) .
I expect Bitcoin to once again attack the Heavy Resistance zone($93,300_$89,250) and rise to at least the Potential Reversal Zone(PRZ) .
Do you think Bitcoin is still Correcting or ready for another major up move?
Note: If Bitcoin falls below $85,000, the possibility of Bitcoin increasing again will decrease.
Note: If Bitcoin can break the Heavy Resistance zone($93,300_$89,250) and the Resistance lines, we can even hope for a new All-Time High(ATH).
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-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).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin: Mastering the Art of Resistance and SupportBitcoin recently broke below a 105‐day trading range, anchored by the critical 90K level. After the breakdown, it found support around 80K, prompting a sharp rebound back toward the previous range. This rebound, however, was short‐lived: BTC tested 95K, then quickly retraced, only to rally again toward 90K, where it trades at present.
Overview of BTC’s 105‐Day Range Break and Retest:
Yearly Open at $93,576: This is the single most important level to watch. Price currently sits below the yearly open, suggesting that, for now, bears hold the upper hand. If bulls cannot reclaim this threshold, the yearly candle remains vulnerable to turning red.
90K–95K Resistance Zone: With Bitcoin failing to sustain gains above 95K, this band becomes a natural focal point for potential short entries. Bears are expected to defend this region aggressively.
The question: Where do we go next? Let’s break down both the resistance (short setup) and an upcoming support zone (long setup), incorporating a variety of confluences—from volume profiles and trend lines to Fibonacci retracements and pitchfork alignments.
1. Resistance Analysis & Short Thesis
1.1. Double Top Target at $72,800
A double top pattern has formed, suggesting a measured‐move target near $72,800. While not a guaranteed endpoint, this target serves as an early directional clue. Price could still find support at higher levels, so we use this only as one piece of a larger puzzle.
Double Top Pattern with $72,800 Target:
1.2. The 105‐Day Trading Range & Retest
Bitcoin spent over 100 days ranging between roughly 90K and 105K. The downside break turned that prior range into a new resistance zone—specifically 90K–95K, with an even stronger cluster up to $96,418 (Point of Control from that range).
Fixed Range Volume Profile: The POC (Point of Control) from this 105‐day period lies at $96,418.05, further extending our resistance zone. Price retesting anywhere between 90K and the POC around 96K sets up potential short entries.
Fixed Range Volume Profile Showing POC at $96,418.05:
Stop Loss Guidance: Given the possibility of wicks or “stop hunts,” a safer invalidation point sits above 98K. That buffer allows the trade room to breathe without prematurely stopping out on minor spikes.
1.3. Daily & Weekly Moving Averages
In addition to the above factors, both the daily 21 EMA/SMA and the weekly 21 EMA/SMA are converging in the 90-92K region, acting as additional resistance.
1.4. Bearish Trend Line & Pitchfork Alignment
Bearish Trend Line: Connecting the all‐time high at $109,588 and the swing high at $106,457.44 yields a downward sloping line. This trend line has already acted as resistance near 100K on February 21.
Pitchfork (Modified Schiff): Anchoring from the all‐time high (109,588) to the swing low (97,777.77) and back up to 106,457.44 confirms the same bearish trajectory, aligning neatly with the trend line around 95K.
Bearish Trend Line & Pitchfork Convergence Around 95K:
1.5. Monthly Order Block & Fibonacci Confluence
Monthly Order Block: Spanning from the yearly open (93,576) up to the POC (~96,418), this monthly order block forms a substantial supply zone. Price often gravitates toward the median line of an order block, which sits near 94–95K.
Fibonacci Retracement (0.786): From the swing high at 99,475 (Feb 21) down to the low at 78,258.52, the 0.786 retracement is at 94,934.67—almost exactly the median line of the monthly order block.
Monthly Order Block, Median Line, and 0.786 Fib at ~94,934.67:
When price rallies swiftly to the 0.786 for the first time, it often presents an ideal short entry—especially under a confluence of bearish signals:
2. Short Trade Setup: Laddering In & Out
2.1. Scaling In (Entries)
We allocate $25,000 (from a $100,000 account) and ladder our entries from 89,736 up to 96,206:
Short Trade Laddered Entries:
Stop Loss: $97,560 (slightly below the higher “breathing room” area of 98K).
Max Risk: Approximately $1,028.16 (about 4.11% of the GETTEX:25K position, or 1.03% of the $100k account).
2.2. Scaling Out (Exits)
We plan to take profits in increments as price drops, aiming for an average exit around $79,822.10:
Potential Profit: Approximately $3,704.16 on a $25,000 position, which is +14.82% (or +3.70% of the $100k account).
Risk‐to‐Reward Ratio: 3.60, an attractive R:R for a swing trade.
3. Support Analysis & Long Thesis
Having addressed the downside retest and short scenario, let’s turn to potential support where Bitcoin might reverse for a long trade.
3.1. Double Top Target & 5‐Wave Structure
The double top projected target near $72,800 aligns with a broader Elliott Wave possibility, where BTC may have completed a 5‐wave structure from the low at $15,476 to the all‐time high at $109,588.
A typical Fibonacci retracement of this 5‐wave move suggests the 0.382 level at $73,637.22, which sits near a notable swing high of $73,777—coincidence?
5‐Wave Structure & 0.382 Fib Retracement at ~$73,637:
3.2. Monthly Bullish Order Block & Further Fib Confluence
Monthly Bullish Order Block: Located around $71,280, historically a place where buyers have stepped in.
Fib Retracement (49K to 109K): The 0.618 retracement lands at $72,144.62, adding further confluence around the 72–73K zone.
Taken together, we begin to see a support band forming between $73,777 and $71,280.
Monthly Bullish Order Block & 0.618 Fib ~$72,144.62:
3.3. Fib Speed Fan & Bullish Trend Line
Fib Speed Fan (0.7): On higher timeframes, the 0.7 fan lines up with the same 71–73K region if BTC dips this month.
Bullish Trend Line: Connecting the lows at 49K and 52,550 also aligns with this zone, reinforcing the idea that a cluster of support awaits if price slides that far.
Bullish Trend Line & Fib Speed Fan ~$71–73K:
3.4. Potential Long Trade Setup
Entry Range: Ladder in from 76K down to 71K (or adjust according to personal risk appetite within that 73–71K zone).
Stop Loss: Below 70K, providing sufficient buffer.
Target: At least the monthly open ($84,350), or higher if momentum supports a stronger bounce.
Risk‐to‐Reward (R:R): Aim for 2:1 or better, depending on exact entries and the final target.
4. Summary
Short Trade:
Resistance Zone: 90K–95K, extending up to $96,418 (POC) and with the daily/weekly 21 EMA/SMA acting as additional resistance in the 90-92K region, plus a stop‐hunt buffer above 98K.
Laddered Entry: GETTEX:25K allocated, averaging around $93,706, with a stop near $97,560.
Scaling Out: Average exit near $79,822, netting a +14.82% gain on the position (+3.70% on account).
R:R: 3.60—solid for a swing setup.
Long Trade:
Support Zone: Between $73,777 and $71,280, with multiple Fibonacci and structural confluences.
Laddered Entry: Potential DCA from around 76K down to 71K, with a stop under 70K.
Target: At least $84,350 (monthly open), likely offering a 2:1 or better risk‐to‐reward.
Sharp moves up or down have been the norm lately, often gravitating to the 0.786 fib retracement on each leg, so remain vigilant for sudden volatility.
Ultimately, flexibility is key. If Bitcoin reclaims the yearly open at $93,576 and pushes decisively above 95–98K, the bearish case weakens. Conversely, a significant drop below 80K brings the deeper support zone near 73–71K into sharper focus.
Always be prepared for shifts in market conditions—confirm each setup with multiple indicators and chart patterns before entering any trade. Stay up to date with evolving market dynamics and adjust your strategy accordingly.
Happy trading!
P.S. If you have any coin requests, feel free to share them in the comments. I will be selecting one or two for the next technical analysis.
BTCUSD – Descending Broadening Wedge With Key Buy ZonesBitcoin is trading within a Descending Broadening Wedge on the 6-hour timeframe, a pattern that typically signals increasing volatility before a potential breakout. The price is fluctuating between two diverging trendlines, with several critical buy levels forming along the structure.
Descending Broadening Wedge Resistance Breakout at 94,543
The upper boundary of the wedge, around 93,000 to 94,500, serves as dynamic resistance. If Bitcoin pushes through this level, it could trigger a breakout toward the first target at 108,000 and possibly extend to 124,407. Volume has been increasing near resistance, indicating strong market participation.
Ascending Trendline Rebound at 84,536
This level aligns with an ascending support trendline inside the wedge. Bitcoin has previously bounced from similar trend structures, making this an important zone to watch for a potential reaction.
Double Bottom Possibility at 79,006
The 79,000 level has acted as support in previous price movements, creating a possible double bottom scenario. If the price stabilizes here, it could be an early sign of trend reversal within the wedge.
Descending Broadening Wedge Support at 75,092
The lower boundary of the pattern, around 75,000, remains a major support level. This is where previous downward movements have found buying interest, making it a crucial point for potential price reversals.
Stop Loss at 69,000 to 68,000
A drop below this range would indicate that the wedge structure has failed, opening the possibility for further downside movement.
Bitcoin remains within a widening consolidation phase, with increasing volume showing heightened market activity. As long as the price respects the wedge boundaries, these key levels present potential opportunities for positioning ahead of a breakout.
$BTC Bearish Divergence on the Weekly !? NO!!!Someone on Twitter sent me a chart showing Bearish Divergence on the Weekly for BTC and asked me to analyze it.
(hopefully this link shows the chart)
pbs.twimg.com
My response is below.
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This is a really good question!
Caught me off guard for a second and I had to really analyze it.
That chart assumes we’re at the end of the cycle, so its showing bearish divergence prematurely in Mar ’25.
But the fractal it’s being compared to shows divergence with the peak in Nov ’21.
Here’s the correct way to draw the trends.
If you draw from the bear market low to current date, you see we are just getting warmed up.
This cycle is mimicking 2017 as I’ve mentioned a lot over the past year.
I marked where we are so you can see the Feb - Mar ’21 dip in RSI.
Imagine tapping out right before the moonshot!
It’s easy to get caught off guard with that chart, as the fractals from ’21 and ’25 on the RSI do look strikingly familiar, but notice how the right shoulder on the RSI falls in Nov 21’ , but the right shoulder on the RSI in Dec ’24 is going higher, pointing to the RSI following the ’17 uptrend.
I wonder if the person who made that chart actually thought that was the correct way to analyze the chart, or if that’s just a troll bear-posting.
I could see someone like CredibleCrypto or an XRP-maxi posting that.
Bearish scenario for BTCIn trading and crypto world you have to be open to all possibilities. As we are seeing significant drop among alts and market makers manipulation. Money is withdrawed from markets and price is failing.
BTC price action reminds me 2021 year when after ATH there was a 50% drop.
Lot of similarities there - completed 5 waves, bearish div on higher timeframes, greed above 70/75, bullish sentiment, news etc.
On the other hand, current drop already liquidated more than 2b usd in one day...
We need to watch it closely and do not overtrade or do stupid FOMO.
In these time lev trades are not recommended.
THIS IS NOT A FINANCIAL ADVICE
MANAGE YOUR RISK AND ALWAYS USE STOPLOSS
BTCUSD - Fast trade idea ?Low timeframe so can be invalid very quick
I think you can expect the same Pump & Dump move on Sunday ... but in the invert way
Dump came from news and now expect a second wave, then if we can just go back above 86k6 it would kinda confirm this bringing us hopefully to "normality"
Cheers
BTCUSD - Bull Extension Price right now has relatively been contained within an upward channel
In this chart i suggest a breakout of this trend line / channel and extension up to create a new ATH for this bull run
I have used the bars pattern from the 2016 - 17 run
Lets see what happens.
Daily chart
BTC - Just a Correction!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As long as we don't see a weekly candle closing below the $90,000 mark, this remains a correction phase 📉.
Since we're near the lower bound of the weekly range, we'll be looking for short-term longs on lower timeframes 📊.
For the next long-term bullish phase to begin, a break above $110,000 is required 🚀.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin - A pattern you can't ignoreThis is the key that will help you make money on Bitcoin
According to my sources The Cryptocurrency Reserve in the US will be approved in May. But it will be too late to buy. When politicians get to cryptocurrencies it means it's our time to get out of the market.
And now I'll explain why the entire market will be down in September.
May through September will be the biggest bitcoin distribution, it will be much higher than the prices that are now
Since 2015, I have been fixating on this pattern:
The bull market always lasts 151-152 weeks (2.9 years).
A correction is 51-53 weeks (1 year).
And it worked without errors :
2017 : Peak in December - $19,783 (exactly within the cycle).
2018 : Bottom in November - $3,122 (in the bullseye again).
2021 : ATH in November - $68,789 (the cycle didn't fail).
2022 Bottom in November - $15.832 (in the bullseye again).
There are many publications with the same timings and decision-making
А 2023-2024 ? This was my record year! I bought when everyone was yelling “Crash!” and sold when the crowd was yelling “To the moon!”. All thanks to cold calculation instead of emotion .
🧠 Why does it work? Because the crowd is blind
When everyone is in a panic - I activate the algorithm :
А 2023-2024 ? This was my record year! I bought when everyone was yelling “Crash!” and sold when the crowd was yelling “To the moon!”. All thanks to cold calculation instead of emotion.
🧠 Why does it work? Because the crowd is blind
When everyone is in a panic - I activate the algorithm :
Timing : I enter at the end of a bearish cycle and exit at the peak of a bullish cycle.
Discipline : No “maybe it's time?” - just numbers.
Adaptation : Is the market evolving? My model is too. In 2025, my Academy will release an updated course - where I will share the most acutal information.
💥 Why am I disclosing this now?
Because there's not much time left until the end of the bull cycle, and I want you to be ready.
📉 “But isn't that risky?”
Risk is when you follow the crowd.
🔥 The END of 151 weeks will start sooner than you expect. Do I want you to miss out on the opportunity? Subscribe, save the post, write comments - and let's make money while others are looking for “magic indicators”.
Questions? Doubts? Write in the comments.
P.P.S. This is not “another prediction.” This is the key to the market, which I have been grinding for 11 years. And it's yours - if you have time.
Bitcoin's future is bright!
Best regards EXCAVO
BTC If the process of BTC continues to fall and based on what we've already seen with such heavy losses in layer 2 tokens the value of cryptocurrency will become a sludge of depressing outcomes. The indicator seems to reveal the changing phase with BTC in a falling pattern which could last for sometime even into the summer, sad.
Univers Of Signals | Bitcoin Daily Analysis #24👋 Welcome to Univers Of Signals !
Let's dive into the analysis of Bitcoin and other key cryptocurrency indicators. In this analysis, I want to review the important futures triggers in today's New York session.
⏳ 1-Hour Timeframe
Before we start the analysis, let's review the positions we could have opened yesterday. I mentioned that if the area of 83151 was breached, you could enter a short position. As you can see, that happened, and the candle stabilized below this area, and I opened a short position which then hit the stop loss.
⚡️ However, after this occurred, we observed a very strong support candle at this level, which caused this break to be a fakeout, and the price started to move upwards. If you recall, I mentioned that if the price could stabilize above the ceiling, a new upward leg could start, which is why I had placed a stop buy above this area. With the fakeout of the lower support, this stop buy was triggered, and the price began its upward movement.
🧲 Currently, as you can see, the price has also passed the 0.382 Fibonacci area, breaking through it and moving upwards. An important resistance that we had previously charted was at 89318, which, as you see, the price is stabilizing above. If this happens, we could see the price potentially reaching back up to 94355. It's challenging to give a trigger for today because our main trigger, the 0.382 Fibonacci area, has unfortunately been activated in recent candles.
📊 We need to wait for the market to form a structure now. If the break of either the 89318 area or the 0.382 Fibonacci turns out to be a fake, you could consider finding a trigger in lower time frames to open a short position. The reason is that the price is making a lower high compared to 94355. But overall, be cautious about opening risky positions on Bitcoin today and tomorrow because Trump's speech on Friday could move the market significantly, and the market might be less volatile in these two days.
👑 BTC.D Analysis
Looking at the Bitcoin dominance, it continues to range between 60.40 and 61.41. As you can see, it's really hard to predict the movements of the dominance as it's mostly ranging between these two levels.
🔼 Currently, it's moving towards the upper limit with a green candle. A higher low has been made compared to the 60.40 area, which increases the chances of breaking out from the top of the box.
🔍 If this occurs, the next resistances are at 62.19 and 62.66. If Bitcoin dominance rises, and the market drops, altcoins will likely fall significantly. If the market rises, Bitcoin might perform better than altcoins.
📅 Total2 Analysis
As observed, we saw an upward movement in Total2 yesterday after consolidating above the 1.07 area, starting a new upward leg. Currently, this index has reached the resistance at 1.13, and we need to wait and see if it can break this area. Currently, the trigger for a long position is precisely this break of the 1.13 area.
🧩 If this area is breached, the price could move to further resistances at 1.18 or even 1.23. However, if Total 2 is rejected from this area, we might expect another drop, potentially reaching back down to 1.01.
📅 USDT.D Analysis
As seen, yesterday after USDT.D pulled back to the 5.30 area and failed to consolidate above it, we witnessed a significant drop. This initial downward leg saw the price even rise above the 5.08 area, and this morning, after pulling back to this area, as you can see, dominance continues to trend downward with the next significant support at 4.82, which I believe could be reached.
🎲 I don't have much else to say about this dominance because I don't have any specific triggers for today.
📌 Overall, I don't have any specific triggers in the market today; we had one yesterday that was activated, but today I can't specify any particular triggers for you, and it's better to be an observer and wait for significant news from the US, especially the meeting that Trump is expected to hold on Friday, which could be very decisive for the market's future.
❌ 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.
ETHUSDT (Ethereum) Using Elliott Waves: Back to 1K? Plotting waves on Ethereum: The current correction may be a larger degree wave (2) or a wave (4) consolidation. Taking either would depend on the analyst's bias.
In both the cases, what matters is spotting the corrective patterns and participating in the larger impulses.
The June'22 bottom is a relevant one as many coins bottomed out then. But have we made a long term bottom on ETH or not? This upmove on Ethereum does not seem impulsive in the eyes of EW. With the trendline broken and monthly RSI going for a reset, the alt season may not be here anytime soon.
If this move is supported, we can see a sharp decline in the coming months taking the price back to 1K (or slightly below). The political interference on crypto can keep giving random shakeouts so it is important to keep a firm view on either side. Until the price remains below 3K, I would like to keep my bearish view.
BTC Short - Stretch to TP $77kWyckoff scenario planning for possible 2025 top formation.
- Possible Phase B Sign of Weakness incoming in the next few weeks.
Short at $100K with a tp target 1 at $86K. A stretch target 2 at $77K aligns with the bottom of the local channel and intersects with the 4-hour 200 MA.
Presents good Long entry to new ATH at $112k.
Best, Hard Forky
BITCOIN's PUMPs are Getting LARGER this Bull Market...However, it may take a bit longer to realize those expansionary moves.
If Bitcoin adheres to the established cycle pattern, we can anticipate a minimum surge of 103% that should carry us into the fourth quarter of this year.
Consolidation ----> Fake breakdown ----> then expansion.
Are you ready?
BITCOIN WILL BE AT 50-60K THIS YEARMake it simple, BTC need to relax a little this year before going much higher. If BTC goes around 100k would be nice to take profits and wait for new lows... USA stock market is having alot of volatility with Trump, I wouldn't be surprised if we see a -20% drawdown in S&P 500!!