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Bitcoin Trading Update: Consolidation, Patterns, and What's NextHey Fellow Traders! 👋 Bitcoin (BTC) has been on a wild ride after hitting its all-time high (ATH)! 📈 Since then, it’s been consolidating, generating liquidity, and setting the stage for the next big move. Meanwhile, altcoins are absolutely booming, stealing the spotlight! 💥 As we kick off the week, let’s dive into what’s happening with BTC and what to watch for. 📊 Technical Analysis Breakdown Here’s what I’m seeing on the charts: Head and Shoulders Pattern: A clear head and shoulders has formed on BTC, signaling a potential bearish move. 🐻 Daily Timeframe Order Blocks: These are in play, showing key levels of support and resistance. Filled Fair Value Gap (FVG): A recent FVG on the daily chart has been filled, but there’s still a beautiful 4H FVG waiting to be tested below. Liquidity Sweep: After the ATH, BTC needs to clear the liquidity from the past few days before it can push for new highs. 🔍 What’s Next for BTC? I’m expecting a bearish reaction in the near term, with BTC targeting the sell-side liquidity around $115,800. This move should also fill the 4H FVG, setting the stage for a potential bounce and another shot at the ATH. 🚪 Keep an eye on these levels, as they’ll be critical for the next big move! 🔔 Stay in the Loop! Let’s keep the conversation going! 💬 Follow for more updates, like if you found this helpful, and drop a comment with your thoughts or what you’re seeing in the markets. Are you trading BTC or riding the altcoin wave? Let’s hear it! 👇 Happy trading, and let’s make this week count! 💪 #Crypto #Bitcoin #Trading #TechnicalAnalysis
Short
by Mr_Masab
Capital Doesnt Lie - The Energy ProblemPart 1: THE ENERGY PROBLEM Everything we do produces energy, even prayer. If you have ever felt tired after praying for someone, that's because you spent energy and made an effort; let's call that energy 'capital' . Capital begins with effort, whether you see it or not. The problem is: how do we use it or store it? Imagine that energy as an invisible ball growing in front of your head. Every time you work and think, you're growing that invisible energy ball of capital. So, how do you get it in your hands? You can plant a cucumber, craft a chair, or clean your house. It's your order, attention, time- all energy made visible in the house, stored in the cucumber or the chair. Genesis 3:19 'By the sweat of your face you shall eat bread…' Verse Comment: It doesn't say 'by luck' or 'by inheritance.' It says by sweat. That's energy. That's effort. That's the value produced. Proverbs 14:23 'All hard work brings a profit, but mere talk leads only to poverty.' Verse Comment: Effort always creates something. Even spiritual labor, such as intercession, leadership, and parenting, is a form of value creation. But here's the issue. That cucumber plant? It goes bad. That chair? It breaks. That clean house? Dirty again in 24 hours." Everything we do has a cost; it's not free. Energy fades unless you can find a way to store it longer than the life of the thing you created. So if everything fades, the big question becomes: How do you store the surplus of your energy, (the part you don't need today) so it doesn't fade by tomorrow?" That's the foundation of all capital. Of all value. And of all wealth. And it starts with understanding where your energy is going, and what it's pouring into.
COINBASE:BTCUSDEducation
by Masterolive
BTC Double QML Setup: Is Another Drop Loading?Hello guys! Do you remember the last analysis? Now this BTC chart shows a textbook example of two consecutive QML (Quasimodo Level) patterns forming (QML1 and QML2), each confirmed by clean engulfed lows. QML1 caused a strong drop after the high was broken and a new low formed. Price retraced and created QML2, again with a confirmed engulfed low (engulfed2). We're now likely to see a reaction at the QML2 supply zone. If price respects this second QML zone, we could see another bearish move toward the 116k zone, possibly lower.
Short
by melikatrader94
8
LAST BTC PUSH? Dear Community, in order to expand my skills analysis, I will regularly share my analyses and ideas here on TradingView. I still consider myself a beginner in the “stock market” and “crypto” area and am therefore very much looking forward to your comments and input! My primary assumption is that we are still in a final upward move. However, I am also pursuing alternative scenarios that could lead to significantly higher levels. BTC analysis - 1H chart In my analysis, wave (3) in yellow is complete and we are currently in wave (4) correction, which may not be complete yet. My guess: - Wave B (yellow) has been completed, wave C has extended and could still reach USD 113 679, where the Fibonacci 100 level is located. There is also an FVG in the 1H chart. - A retest of the blue trend channel would be quite possible in order to pick up liquidity at this level before wave 5 (yellow) is completed between USD 126,887 and USD 130,000. - My risk management is down to USD 107,326 (Fibonacci 1.866). - We have already tested the Fibonacci 0.5 level (pullback level) and seen a positive reaction. However, we currently lack volume in the market. - If the blue channel and the Fibonacci 100% level break, I have to assume an alternative count. In this case, wave 4 would still have scope to reach the Fibonacci 61.8% level in the yellow box at USD 112,062. If my current forecast does not materialize, I assume that we have already completed wave A and are in the correction to wave B, which will be followed by wave C - with a target of around USD 130,000 for the final impulse. This scenario also fits in well with risk management up to the Fibonacci level of 1.866. There are also high liquidity areas (long) at this level, which are very attractive for market makers. What do you think?
COINBASE:BTCUSDLong
by Jorgebatista8twcp
2
BTC-----Buy around 118000, target 120000 areaTechnical analysis of BTC contract on July 18: Today, the large-cycle daily level closed with a small positive line yesterday, the K-line pattern continued to rise, the price was above the moving average, and the attached indicator was golden cross and running with shrinking volume. The large-scale upward trend is still very obvious. After the previous strong performance, there was a short-term shock correction trend. According to the current trend rules, it is a correction and a trend of market demand. The trend has not changed; the short-term hourly chart yesterday's European session price support rebound, the current K-line pattern continued to rise and the attached indicator was golden cross, so we still have to look at the continuation of the break in the day and the European session. The moving average support position is 120,000 area; the high point is near 121,000 area. Today's BTC short-term contract trading strategy: Buy in the 118,000 area, stop loss in the 117,000 area, target the 121,000 area, break the position and look at the 121,500 area;
by NicolaZhu
BTC sideways above 115k💎 BTC PLAN UPDATE (July 17) NOTABLE NEWS ABOUT BTC Bitcoin Price Forecast: BTC Recovers as Trump Steps In to Revive Crypto Legislation Momentum Bitcoin (BTC) saw a mild recovery, trading around $119,000 at the time of writing on Wednesday, after falling nearly 2% the previous day. This rebound followed an announcement by U.S. President Donald Trump on Wednesday morning, stating that the GENIUS Act is ready to be passed by the House during the legislative “Crypto Week”, sparking optimism in the crypto market. Furthermore, institutional demand continues to grow, with spot Bitcoin ETFs recording over $400 million in inflows on Tuesday, extending the growth streak since July 2. TECHNICAL ANALYSIS 🧠 Pattern Overview: The chart clearly displays an Elliott Wave pattern (1) → (2) → (3) → (4) → (5) along with Fibonacci Retracement and Extension levels, helping to identify potential support and resistance zones. 1. Elliott Waves: Wave (3) was completed around the $122,144 zone and the market is currently in the corrective wave (4). Wave (5) is expected to move upward with targets at: • 1.618 Fibonacci Extension: ~$127,404 • Or further: ~$130,747 2. Support Zone (grey area below): Located around $115,000 – $116,000, which is: • The 0.5 – 0.618 retracement of Wave (3) • Aligned with the EMA200 and dotted black trendline support. If the price falls into this area, it’s highly likely to bounce back and form Wave (5). 3. Danger Zone if Broken: If this support fails, price may fall deeper to: • $113,200 (0.786 retracement), • Or even lower: $111,600 – $111,800 4. Potential Scenarios: Two main outcomes: • Continued Uptrend: Price bounces from the support zone and heads toward $127,000 – $130,000 • Breakdown: If the support breaks, a deeper decline may occur, breaking the wave structure. Follow the channel for continuous and up-to-date analysis on XAUUSD, CURRENCIES, and BTC.
Long
by Nova-Scalper
1
Clean BTC Trade – Bounce from Key Trendline SupportHi traders! , Analyzing BTC/USD on the 30-minute timeframe, we can observe that price is respecting the ascending channel and reacting to the dynamic trendline support (blue line). This bounce, aligned with prior structure, signals a potential bullish continuation. 🔹 Entry: 116,249 🔹 Take Profit (TP): 119,434 🔹 Stop Loss (SL): 113,105 Price remains above the 200 EMA while continuing to respect the ascending trendline, signaling sustained bullish structure. The RSI is showing a bullish divergence, which supports the idea of upward momentum. We also saw a strong reaction at the pivot point (115,373), and a bullish engulfing candle formed right near the trendline — adding further confirmation to this potential long setup. This long setup presents a favorable risk/reward ratio within the context of the broader trend. Targeting a clean break above previous resistance and return to the R1 zone. ⚠️ DISCLAIMER: This is not financial advice. Trade at your own risk and always use proper risk management
OKX:BTCUSDLong
by Trading-On-Top
Bitcoin / U.S. Dollar 4-Hour Chart (BTCUSD)4-hour chart displays the recent price movement of Bitcoin (BTC) against the U.S. Dollar (USD) as of July 11, 2025. The current price is $117,979.53, reflecting a 4-hour increase of $1,938.91 (+1.67%). The chart highlights a significant upward trend, with a notable breakout above the $114,719.92 resistance level, reaching up to $121,362.93. Key price levels include support at $116,625.93 and resistance at $121,362.93, with buy and sell options marked at the current price.
CRYPTO:BTCUSDLong
by Alee_Gold_Trader
1
#BTC Update #7 – July 15, 2025#BTC Update #7 – July 15, 2025 Bitcoin is currently within the consolidation zone where it previously paused during its last upward move. From this zone, it had previously bounced and created a new all-time high. It is now undergoing a correction, and the level it has reached aligns with the 0.382 Fibonacci retracement, which is perfectly normal for a first stop in a correction. If the correction continues, the second stop could be around $114,795, and the third around $113,012. If it reaches these levels, it will have filled at least half of the imbalance created during the previous rally. Looking at the volume, I anticipate that Bitcoin might start to bounce from this level. If it manages to break above the $122,666 zone, the next target would be around $127,172. I do not plan to buy Bitcoin here unless I see a high-volume green candle. However, if Bitcoin breaks above the $118,900 level with strong volume, a long position might be considered, as the target would likely shift toward the $127,000 range.
by BTCETH2X
BTCUSDT.P liquidity analysis🟠 CRYPTOCAP:BTC 📄 This analysis is for liquidity and comparing supply and demand ratios 🚨 We start by noting that actual selling pressure began at 121826 and this ratio increased as it dropped below 119723 📄 Any daily close below 117612 will increase this pressure, which is logical after such a rise, specifically in Bitcoin ⭕️ The two closest important levels with liquidity and buying strength are at 114813 and 110623 ◀️ The current rebound from 116114 (the lowest point Bitcoin has reached currently at the time of writing this analysis) is insufficient in terms of liquidity and needs more momentum, and attention here should be on the level 117612 📄 The current movement is between 117612 - 114813, the range where Bitcoin stabilized before achieving the historical peak, and thus maintaining this range will provide a boost for a larger rise
Long
by mehmetwehbe
Bitcoin’s Wild Ride to New ATHs: What’s Next for Traders?Hello, TradingView warriors! 👋 Have you caught Bitcoin (BTC) smashing through a new all-time high (ATH) this Monday? 🎉 If you blinked, you might’ve missed it! But don’t worry, the crypto king isn’t done with its rollercoaster ride just yet. After soaring to new heights, BTC has pulled back for a retracement—not a full-on reversal, so hold your horses! 🐎 Whales are playing their usual games, setting traps for unsuspecting traders. Don’t fall prey to their tricks! 🦈 Let’s break down the key levels to watch and stay one step ahead. 💡 🔍 Key Levels to Watch on the Chart 1️⃣ 4H Fair Value Gap (FVG) This 4H FVG is a thing of beauty—my personal favorite! 😍 But let’s be real, Bitcoin doesn’t care about aesthetics. This FVG is likely to act as the first resistance level. Here’s the plan: If respected, expect BTC to use this level as a springboard to catapult back toward the ATH. 🚀 If broken, BTC might slide toward the stronger resistance below. Keep your eyes peeled for how price reacts here! 👀 2️⃣ Daily Breaker Block (PD Array) This is the big one—a rock-solid resistance zone on the daily timeframe. I’m leaning toward BTC dipping into this Breaker Block to clear out liquidity before making its next big move to retest the ATH. 🏦 This level is a magnet for price action, so don’t sleep on it! 😴 🛠️ Trading Strategy: Stay Sharp! Patience is your best friend right now, traders. 🙏 Don’t rush into trades without confirmation. Watch how BTC interacts with these two levels: 4H FVG: Look for rejection or a breakout to gauge short-term direction. Daily Breaker Block: If price dips here, it’s likely hunting liquidity before the next leg up. Wait for clear price action before jumping in—let the market show its hand! 🃏 Stay disciplined, avoid the whale traps, and let’s ride this BTC wave together. 🌊 📚 Want More? Follow Me! If you’re hungry for more technical analysis insights and market updates, hit that follow button! 📈 I share tips, tricks, and breakdowns to help you navigate the markets like a pro. Let’s level up your trading game together! 💪 What’s your take on BTC’s next move? Drop your thoughts below, and let’s discuss! 💬 Happy trading, and may the profits be with you! 📈
Long
by Mr_Masab
Bitcoin Hits New Highs: Is The Institutional Money Here To Stay?Bitcoin Hits New Highs, Gains Stability and Scale in Its Institutional Era: Will It Last? From a volatile and often misunderstood outsider, Bitcoin has embarked on a remarkable transformation, evolving into what many now see as a foundational financial layer. This new era is not fueled by the fleeting whims of retail hype, but by the calculated, long-term strategies of professional capital. The steady influx of institutional investors is profoundly reshaping Bitcoin's character, taming its notorious volatility and broadening its accessibility to everyday individuals. This seismic shift begs the question: is this newfound stability and scale a permanent feature of the financial landscape, or a transient phase in Bitcoin's tumultuous history? The Dawn of a New Epoch: The Institutional Stampede For years, the narrative surrounding Bitcoin was one of a grassroots monetary experiment, a digital curiosity championed by cypherpunks and early internet adopters. Wall Street remained a skeptical spectator, wary of the asset's wild price swings, its lack of regulatory clarity, and its disruptive potential. However, Bitcoin's unyielding resilience and its core value proposition of a decentralized, finite digital asset gradually wore down this institutional resistance. The floodgates did not just creak open; they were blown apart with the regulatory approval of spot Bitcoin Exchange-Traded Funds (ETFs). This landmark decision marked a clear and decisive tipping point, a formal invitation for mainstream finance to embrace the world's first cryptocurrency. This regulatory green light has had a profound and cascading impact. It has, in a single stroke, legitimized Bitcoin in the eyes of the most conservative financial establishments. More importantly, it has provided a familiar, regulated, and highly accessible entry point for a vast and previously untapped ocean of capital. Exposure to Bitcoin is no longer confined to specialized crypto-native platforms, which often carried a steep learning curve and perceived security risks. Now, it can be seamlessly integrated into the traditional investment portfolios that millions of people rely on, managed through their existing brokerages, pension funds, and even insurance products. This growing wave of institutional adoption is not merely inflating Bitcoin's price; it is fundamentally anchoring it more firmly within the global economy, weaving it into the very fabric of the system it was once designed to challenge. The numbers illustrating this shift are staggering. In a remarkably short period, spot Bitcoin ETFs have amassed well over $138 billion in assets. This figure is not static; it represents a dynamic and growing pool of capital, reflecting sustained institutional interest. Registered Investment Advisors (RIAs), who manage the wealth of millions of Americans, along with sophisticated hedge funds and forward-thinking pension funds, represent a growing share of this investment. These are not speculative day traders but entities with long-term horizons and rigorous due diligence processes. Their participation signals a deep conviction in Bitcoin's future. This institutional embrace extends far beyond the realm of ETFs. Major corporations have continued their aggressive accumulation of Bitcoin, viewing it as a treasury reserve asset superior to cash. This trend of corporate and institutional adoption is a key driver of Bitcoin's maturation, lending it a newfound sense of legitimacy and stability that was unimaginable just a few years ago. The current market cycle is thus being defined not by the frenetic energy of individual retail investors, but by the methodical and powerful currents of professional capital. Taming the Beast: Volatility in the Institutional Age One of the most significant and welcome consequences of this institutional influx has been the taming of Bitcoin's infamous volatility. For most of its history, Bitcoin's price chart resembled a dramatic mountain range, with breathtaking peaks and terrifying valleys. This volatility was its defining characteristic and its biggest barrier to mainstream acceptance. Institutional capital, however, operates on a different wavelength. With its longer time horizons and more systematic, data-driven approach, it behaves differently from the often emotionally-driven retail market. While individual investors are more prone to panic-selling during sharp price dips or piling in during euphoric rallies, large institutions are more likely to employ disciplined strategies like dollar-cost averaging. They see price corrections not as a reason to panic, but as a buying opportunity. This behavior provides a stabilizing force, creating a floor during downturns and tempering the irrational exuberance of market tops. This shift in market dynamics is evident in the flow of funds into the new financial products. These investment vehicles have frequently seen strong net inflows during price corrections, with major asset managers absorbing billions in capital even as retail sentiment soured. This institutional buying pressure acts as a powerful buffer, moderating the extreme price swings that have historically characterized the Bitcoin market. While Bitcoin's volatility remains higher than that of traditional assets like gold or global equities, its trajectory is one of marked and consistent decline. This decline is a natural consequence of its growing market capitalization. As the total value of the network expands, the relative impact of new capital inflows or outflows is diminished, leading to smoother price action. Interestingly, Bitcoin's volatility has at times converged with, and even fallen below, that of some mega-cap technology stocks, which themselves can exhibit significant price swings. This convergence is making traditional investors take a closer look, as the risk-reward profile of Bitcoin becomes more palatable and understandable. Historically, investors have been well-compensated for taking on Bitcoin's volatility, with its risk-adjusted returns often outperforming major stock indices over multi-year periods. From Digital Gold to a Financial Base Layer: An Evolving Narrative For much of its existence, Bitcoin has been championed as "digital gold." This narrative is powerful and intuitive. Like gold, it has a finite, predictable supply. It is decentralized, meaning no single entity can control it or create more of it at will. And it is censorship-resistant, offering a store of value outside the traditional financial system. This narrative has been a potent driver of adoption, particularly among those seeking a hedge against inflation, currency debasement, and geopolitical uncertainty. However, the increasing stability brought about by institutional investment is fostering a new and complementary narrative: Bitcoin as a potential medium of exchange and, more broadly, as a foundational settlement layer for the global financial system. Lower volatility is a crucial prerequisite for any asset to function effectively as a currency. When prices are relatively stable, merchants and consumers can transact with confidence, knowing the value of their money will not drastically change overnight. The development of Layer 2 solutions, most notably the Lightning Network, is a critical piece of this puzzle. These protocols are built on top of the Bitcoin blockchain and are designed to enable faster, cheaper, and more scalable transactions. They address the primary technical hurdles that have hindered Bitcoin's use for everyday payments, such as coffee or groceries. As this technological infrastructure continues to mature and gain adoption, Bitcoin's utility beyond a simple store of value is poised to expand significantly. Furthermore, Bitcoin's historically low correlation with traditional assets like stocks and bonds makes it an exceptionally valuable tool for portfolio diversification. In a world where asset classes are becoming increasingly interconnected, Bitcoin offers a unique return stream. Adding even a small allocation of Bitcoin to a traditional 60/40 portfolio can potentially enhance returns over the long term without a commensurate increase in overall risk. This diversification benefit is a key part of the thesis for many institutional investors. Navigating the Market's Pulse: Price, Psychology, and Predictions As Bitcoin navigates this new institutional era, the question on every investor's mind is: where does the price go from here? The recent surge to new all-time highs above the $123,000 mark has been met with a mix of bullish enthusiasm and cautious optimism. After reaching this peak, the market saw a natural retreat, with bulls pausing for a breath and prices consolidating. The price action has been dynamic, with a fresh increase starting above the $120,000 zone before finding temporary resistance and trading near the $118,500 level. This kind of price discovery, including breaks below short-term bullish trend lines, is characteristic of a market absorbing new information and establishing a new support base. Technical analysis suggests that the current rally may have further to run. Having decisively broken through key psychological and technical resistance zones, some analysts see a clear path toward $135,000 or even $140,000 in the medium term. The price trading well above key long-term moving averages confirms that the underlying momentum remains strongly bullish. However, a closer look at market sentiment and on-chain data reveals a more nuanced and perhaps even more bullish picture. Despite the record-breaking prices, the market has yet to enter the state of "extreme greed or euphoria" that has characterized the absolute peaks of previous bull cycles. Key metrics that track the profitability of long-term holders remain below the "euphoria" zone, suggesting that the smart money is not yet rushing to take profits. This could indicate that the current rally, while impressive, is still in its early or middle phases, with more room to grow before reaching a cyclical top. A delay in the full-blown bull market euphoria could ultimately push Bitcoin higher than many expect. Of course, the market is not a one-way street. The spike to $123,000 was followed by an increase in Bitcoin flowing into exchanges, a potential sign of short-term profit-taking and a cooling-off period. Even large, strategic players may take profits during rallies. The news of Bhutan's sovereign wealth fund strategically unloading a portion of its holdings is a prime example. While these sales can introduce short-term selling pressure, they are also a healthy part of a functioning market. The fact that inflows, even at the peak, were just a fraction of those seen in earlier parts of the year suggests that the selling pressure is not yet overwhelming. The Sustainability of the Institutional Era: A Critical Analysis The institutionalization of Bitcoin is undoubtedly a paradigm shift, but its long-term sustainability is not a foregone conclusion. While the current trend is one of increasing adoption and stability, there are several factors that could challenge this new status quo and must be considered by any serious investor. One potential risk is the concentration of Bitcoin in the hands of a few large institutions. While this brings stability in the short term, it also introduces a potential point of centralization in a decentralized system. If a handful of major asset managers were to simultaneously decide to sell their holdings—perhaps due to a change in their own internal risk models or a major macroeconomic shock—it could trigger a significant market downturn. Such a move would likely be exacerbated by retail investors following the lead of these financial giants. Regulatory risk also remains a significant and unpredictable concern. While the approval of spot Bitcoin ETFs in the United States was a major step forward, the global regulatory landscape is a complex and evolving patchwork. Any future crackdowns, unfavorable tax treatments, or restrictive regulations in major jurisdictions could dampen institutional enthusiasm and hinder further adoption. The path to full regulatory clarity is likely to be long and fraught with challenges. Furthermore, the narrative of Bitcoin as an inflation hedge has yet to be definitively proven across all possible economic conditions. While it has performed well during recent periods of high inflation and monetary expansion, its correlation with risk assets means it can also be sensitive to economic downturns and tightening financial conditions. A prolonged period of global recession or stagflation could test its resilience as a store of value in new and unexpected ways. Conclusion: A Maturing Asset in an Evolving World Bitcoin has come an immeasurably long way from its obscure beginnings as a niche digital currency for a small community of technologists. The influx of institutional capital has ushered in a new era of stability, accessibility, and legitimacy. The launch and wild success of spot Bitcoin ETFs has been the primary catalyst, providing a regulated and familiar on-ramp for a vast pool of professional money that is reshaping the asset's very DNA. This institutional embrace is about far more than just price appreciation; it is fundamentally changing the character of Bitcoin. Its volatility, while still present, is on a clear downward trend, making it a more viable contender as both a global store of value and a neutral settlement network. The long-held dream of Bitcoin as a foundational layer of a new, more transparent financial system is slowly but surely taking shape. However, the road ahead is not without its challenges. The risks of institutional concentration, regulatory uncertainty, and macroeconomic headwinds are real and should not be underestimated. The sustainability of this new era will depend on a delicate interplay of market forces, regulatory developments, and continued technological innovation on its network. What is clear is that Bitcoin has earned its place on the world's financial stage. It is no longer an outsider looking in, but a maturing asset that is being progressively integrated into the global economic fabric. Whether this institutional era will be a lasting one remains the defining question of our time. But one thing is certain: Bitcoin's journey is far from over, and its evolution will continue to be one of the most compelling and consequential stories in the world of finance for years to come.
KRAKEN:BTCUSD
by bryandowningqln
BTC-----Buy around 121100, target 121800 areaTechnical analysis of BTC contract on July 14: Today, the large-cycle daily level closed with a small positive line yesterday, the K-line pattern continued to rise, the price was above the moving average, and the attached indicator was running in a golden cross. The overall trend is still very obvious, and it can be seen from the overall trend that the retracement is very small. After the shock correction in the two trading days over the weekend, it rose strongly again during the day and broke through the previous high position, so we keep the main idea of buying on retracement in trading; the short-cycle hourly chart intraday price broke upward, the starting point was 118880 area, the current price is consolidating at a high level, the K-line pattern continued to rise, and the attached indicator was running in a golden cross. If we look at the continuation of the high closing today, two conditions must be met: the European market price broke through the intraday high; the retracement cannot break the starting point, otherwise it will be difficult to fall. Today's BTC short-term contract trading strategy: Trade in the 121100 area when retracement, stop loss in the 120500 area, and the target is the 121800 area;
Long
by NicolaZhu
1
[UPDATE] - The Art of Chillin’: Smart Money’s Favorite SeasonHey lads, Congrats on that juicy 120K ! We’ve breached the first trendline and tagged the second trendline (green). We’re now sitting just below it. As mentioned in my previous post, these trendlines are robust and marked a local top back in November 2024. We’ve had a great run so far. BTC finally broke through the first trendline after a few rejections — now let’s see how this plays out. Overall, the market has started to pick up again. But to get what we all want, BTC needs to just chill for a bit — no dumping, no pumping — just chill, so alts can start trending higher. If not, it’s still BTC season. Check my previous post about Altseason for more context. That's it, that's the idea" - Good night !
INDEX:BTCUSD
by hhMaxima38
How many bag holders will BTC leave behind?We've had our fun and some fake pumping from the short squeeze. No comes the real stuff! What are the fundamentals and what problem is BTC trying to solve? Ok, crickets. It's a speculative asset, that's it. If history repeats itself, which it typically does, we will see a major pull back and anyone who's bought at the top will have a negative performing portfolio. It's too expensive and you still can't buy a banana with BTC and there are plenty of middlemen involved, which goes 100% against it's original purpose (after the financial crisis). If you're up, this would be a good time to sell IMHO and buy at the next support level, which is way below 100k.
Short
by antonini2002
Bitcoin BTC price analysis📈 Two weeks have passed since the previous analysis of the OKX:BTCUSDT chart, and the market has decided to go with the 1️⃣ scenario. Less than 3% remains to reach $125,000, and the price could easily get there by inertia, but that's a minor detail. CRYPTOCAP:BTC is updating its ATH, and total liquidations on the crypto market over the past 24 hours are “only” $750 million, of which almost $450 million is accounted for by #Bitcoin. Weak, very weak... Previously, longs were liquidated for $2+ billion, and it was reported that the actual amount of liquidations was significantly higher due to the fact that the exchanges' data was not fully disclosed. (For the sake of objectivity, at that time, the lion's share of liquidations was accounted for by altcoins, but now this is not the case). ◆ During this time, Trump introduced new tariffs — the market was “on a roll” — it swallowed it and didn't even notice the news. ◆ Tomorrow, July 15, the US CPI will be announced — the forecast is for inflation to rise from 2.4% to 2.6% (although there are rumors that the situation in the US economy is much worse and this may "come to light" tomorrow). ◆ July 16 - PII announcement - these indicators may act as a “cold shower” to bring the market out of its euphoria. ◆ From July 14 to July 18, the US Congress is considering three key crypto laws, including the GENIUS Act. Major players consider this a powerful driver. Perhaps the current growth has already “played out” and priced in expectations for news. 🪐 And this trading week will end on 18.07 with the start of Mercury retrograde, even the US Congress is postponing all important matters, and you still don't believe in it )) 🖐 Long positions are certainly beneficial, appropriate, and in line with the trend at present, but it is advisable to hedge them with stops, because as mentioned above: the price is rising, and there are few liquidations. During the previous decline in the cryptocurrency market, there were significantly more liquidations of long positions, and they may wish to repeat this. And with the #BTCUSD price correction, there will be a fixation: some will have profits, and some will have losses in stablecoins, which would then be logical to reinvest as capital in altcoins. First in something more voluminous and less risky, and in the last stage, they will pump everything in a row) But until then, we still need to survive and preserve our deposits. So, in your opinion: correction to one of the levels: 1️⃣-$110k 2️⃣-$97k 3️⃣-$90k or is everything written above complete nonsense, and the market growth has only just begun to “take off”?
by P_S_trade
2