$BTC - UpdateI haven’t updated this in a while since the focus has been mostly on alts, but here it is.
Wave 5 can extend, and we’ll reassess once we reach the green zone.
BTC-M
The Cursed Token - $ETHBullish outlook...
On a critical level (Elliott Wave is used as a timeline reference; targets will be evaluated level by level)
Green Box looks good to offload before we hit a major correction later this year. (but once we move beyond this CHOPsolidation, the situation will become much clearer for assessment.
Bitcoin can exit from triangle and continue to fall nextHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price started to grow inside the upward channel, where it at once rebounded from the resistance line of the channel and fell to the support line. Then BTC broke the support level and rose in a short time to the resistance line of the channel and then it started to decline. Bitcoin fell to the support level, which coincided with the buyer zone, thereby exiting from the channel and after it some time traded between 94250 level, it fell to 90850 points. Next, the price impulsed and continued to grow inside the upward triangle, breaking the support level again. Later it reached the even resistance level, which coincided with the seller zone. Soon, BTC broke the 104700 level, rose to the resistance line, and then fell back and continued to trades between the 104700 level. Later BTC broke this level and fell below, after which turned around and quickly rose to the resistance line of the triangle and then dropped to the support line, where at the moment continues to trades close. So, in my mind, I think that Bitcoin can move up and then exit from the triangle and continue to decline to the 94250 support level. For this case, I set my TP at this level. Please share this idea with your friends and click Boost 🚀
BTCUSD Textbook but bad for LongsAccording to the trading framework of the Medianlines, BTCUSD is behaving perfect.
If we close below the white Center-Line, first profit target is at the 1/4 line, second is at the L-MLH.
Only a reversal aka HAGOPIAN can turn the momentum from down to up. It's when price is open and close above the white Center-Line again.
Turbulent times ahead...
XRP, Bloodbath is ComingBINANCE:XRPUSDT / 1D
Hello Traders, welcome back to another market breakdown.
BINANCE:XRPUSDT is showing strong bearish momentum after BINANCE:BTCUSD and BINANCE:ETHUSD broken bellow resistance. However, the price is oversold for now. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the high of the range zone for a more strategic entry.
If the pullback holds and sell off confirms, the next leg higher could target:
First Resistance: Immediate levels formed during prior consolidation.
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
HelenP. I Bitcoin will repeat move up and then continue to fallHi folks today I'm prepared for you Bitcoin analytics. This chart shows how the price rose from the resistance level, which coincided with the resistance zone, after which it dropped to the support level, breaking the 103600 level. Also then the price started to trades inside consolidation, where it some time traded near the support level and then rose to almost the resistance level. Then BTC turned around and fell back and even declined to support zone. After this movement, Bitcoin made a strong impulse up to the resistance zone, thereby exiting from consolidation and breaking the 103600 level. Next, the price reached the trend line and then started to decline near this line. Soon, the price broke this line and then broke the resistance level, after which declined below the trend line, but later backed up. After this move, BTC turned around and rebounded from the resistance zone to the support zone, finally breaking the resistance level with the trend line, but a not long time ago BTC rose higher than the trend line. Now it trades close and I expect that BTCUSDT will repeat move up and then continue to decline, and even break the support level and fall to the trend line. That's why I set my goal at 90400 points. If you like my analytics you may support me with your like/comment ❤️
03/02/25 Weekly outlookLast weeks high: $106,485.24
Last weeks low: $100,995.99
Midpoint: $95,506.74
As the US begins a tariff trade war on the world, BTC ends the previous week with a weekend selloff back into the range low of $91,000. Despite the crypto world being everchanging this range low level has held strong for nearly 3 months now.
Because of this strong support level we have seen many weekly outlooks follow the pattern of an early break below weekly low, then reclaim and rally back up the range throughout the week. Could this be the case once again?
Currently sentiment is terrible, probably bear market levels of depression despite Bitcoin being above $100K most of the time. I think this is largely due to the state of altcoins as they are at pre-US election lows, in some cases bear market levels... This plays havoc mentally which so much was promised in terms of alt season potential now that Bitcoin is a new highs. In reality the market will do what hurts the most, max pain.
Having said that, generally a weekend dump can be misleading due to low volume and the absence
of institutional buying making any manipulated move much easier to pull off from a market makers point of view.
There are some nice 4H TF setups emerging, now the macro environment is definitely calling the shots in the Tradfi world but as long as the $91,000 holds the rangebound move is still in play.
Long idea on $TRUMPI understand the nature of this instrument; it is volatile enough to wipe out anyone. Considering all factors—there's FUD, there's trash, and prices are low. Time to test the theory of probability
BITCOIN Can a 1D MA100 rebound reverse the 'Tariffs narrative'?Just a week ago (January 27, see char below) we made a case of why it was essential for Bitcoin (BTCUSD) to test and rebound on its 1D MA100 (green trend-line), if the market was to find the necessary Support to move it forward through the rest of the year and the Bull Cycle:
Well BTC went on to confirm our expectation and hit the 1D MA100 for the first time in almost 4 months (since October 11 2024).
That analysis was focused on the current Bull Cycle (2023 - 2025) and the recurring 1D MA100 rebound sequence within the 2-year Channel Up, which has so far provide its Higher High both times.
Today's analysis examines if this is a pattern that emerged and held during the previous Bull Cycles as well. The results are eye opening.
During the last two years of each of the past 3 Bull Cycles, a 1D MA100 contact has most of the times (9) met with an incredible rebound, making it the most efficient buy entry on such basis. It was only 3 times this failed to initiate an immediate rebound (April 2024/ ETF led rally corrected, April 2021/ Musk led rally corrected, March 2020/ COVID flash crash), all valid reasons fundamentally.
Is this new all-out Trade War another one of those events? Not impossible, but this chart shows that it is 3 times more probable for this 1D MA100 contact to produce an aggressive rebound. If we narrow the sample to just the last year of the Bull Cycle, it was only once that a 1D MA100 failed to produce an instant rally.
As a result, it is now more probable to see a rally similar to the one that followed the January 2024 or October 2024 1D MA100 contacts, which were within a +85% / +90% range. Even the 1D RSI patterns among the Cycle fractals at the start of each final Bull year are similar.
So what do you think? Do you expect this technical 1D MA100 contact to reverse the dismal Tariffs sentiment? Feel free to let us know in the comments section below!
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Double Bottom Pattern: Bitcoin Total Domination Last week my post on Bitcoin dominance played out faster than it was expected.
(see related)
This indicator broke out into 60-70% area.
So, I switched to a weekly time frame and spotted a classic reversal pattern called "Double Bottom" in the making for you.
Let's break it down.
We have two bottoms highlighted with yellow arcs in the same area.
Indicator eyes the middle top between bottoms, it is called "Neckline"
Now, let's breakdown buying technique:
1) buy entry is at the breakout above Neckline (green dashed line)
2) stop loss is at the valley of the right bottom (red dashed line)
3) target is located at the depth of the right bottom from the Neckline.
in our case it can't be higher than 100% and is set at the maximum (blue dashed line)
Its amazing that technical analysis could predict things that out of our scope as yet.
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 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.
Finally btc.d touched it, Altseason is coming Hello guys, I was waiting for touching this zone about 3 month and finally it happened.
In my idea, dominance could fall from here and altseason is so close, so don't fear and buy the dips ;)
91-92K zone is critical for Bitcoin to sustainCOINBASE:BTCUSD is retesting the 91-92K zone and if it is breached then we can expect further downside. On the contrary, if it holds then we can expect the upmove to continue beyond 100K.
Wait and watch ...
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.
