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Bitcoin Dips to $94K Amid Hotter-Than-Expected US CPI DataThe cryptocurrency market experienced a sharp selloff following the release of the latest US Consumer Price Index (CPI) data, which came in hotter than expected. Bitcoin, the flagship cryptocurrency, fell by 3% to $94,000, reflecting the broader market’s reaction to rising inflation concerns. The January CPI data revealed a 3% year-over-year (YoY) increase, up from December’s 2.9%, while the monthly CPI rose to 0.5%, exceeding market expectations. This unexpected spike has reignited fears of a prolonged hawkish stance by the Federal Reserve, dampening investor sentiment across both traditional and crypto markets. Inflation Woes and Macroeconomic Pressures 1. Hotter-Than-Expected CPI Data The US Labor Department reported that the January CPI inflation rose to 3% YoY, surpassing the market consensus of 2.8%. On a monthly basis, inflation increased to 0.5%, up from December’s 0.4%. Core CPI, which excludes volatile food and energy prices, also came in higher than expected at 0.4% monthly and 3.3% YoY. These figures indicate that inflationary pressures remain persistent, complicating the Federal Reserve’s path to rate cuts. 2. Federal Reserve’s Hawkish Stance The Federal Reserve has maintained a cautious approach to monetary policy, with Chair Jerome Powell emphasizing the need for more evidence of cooling inflation before considering rate cuts. The hotter CPI data has further solidified the Fed’s position, reducing the likelihood of near-term rate cuts. This has weighed heavily on risk assets, including cryptocurrencies, as higher interest rates typically reduce liquidity and investor appetite for speculative investments. 3. Impact on Crypto Market Sentiment The crypto market has been highly sensitive to macroeconomic data, and the latest CPI release has exacerbated existing fears. The global crypto market cap fell by 3.3% to $3.1 trillion, with Bitcoin leading the decline. The US 10-year Treasury yield surged by 2.05% to 4.630%, while the US Dollar Index (DXY) rose by 0.42% to 108.290, adding further pressure on Bitcoin and other cryptocurrencies. Technical Analysis 1. Immediate Price Reaction Bitcoin’s price dropped sharply from $96,488 to $94,000 within minutes of the CPI data release. This decline reflects the market’s immediate reaction to the negative macroeconomic news. As of writing, Bitcoin is down 1.23%, trading near the oversold region with a Relative Strength Index (RSI) of 38. 2. Key Support and Resistance Levels - Support: If selling pressure persists, Bitcoin could test the $80,000 support level, a critical psychological and technical threshold. - Resistance: A breakout above the 38.2% Fibonacci retracement level could reignite bullish momentum, potentially pushing Bitcoin back toward the $100,000 mark. 3. Chart Patterns and Indicators Bitcoin’s price action is currently hovering near key moving averages, indicating a tug-of-war between bulls and bears. The RSI at 38 suggests that Bitcoin is nearing oversold territory, which could attract buyers looking for discounted entry points. However, the overall trend remains bearish in the short term, with the falling RSI and declining price action signaling caution. 4. Market Sentiment and Volume Trading volume has spiked following the CPI release, indicating heightened market activity. The increased volume during the selloff suggests that investors are reacting strongly to the macroeconomic data, with many opting to take profits or reduce exposure to risk assets. Conclusion: The latest US CPI data has underscored the crypto market’s sensitivity to macroeconomic developments, with Bitcoin and other digital assets experiencing significant volatility. While the short-term outlook remains uncertain, the long-term potential of Bitcoin and the broader crypto market remains intact.
COINBASE:BTCUSDLong
by DEXWireNews
Is BTC Gearing Up for a Bullish Reversal? Here’s My Game Plan!👀 👉 In this video, we analyze BTC, which is currently rangebound. On the 4-hour chart, I’m noticing equal lows followed by a liquidity sweep, then a higher low and a higher high. If Bitcoin breaks above the current range high, I’ll be looking to buy. However, if it trades lower, breaks the range low, and fails a retest, a short setup would be more suitable. We’ll cover trend analysis, price action, market structure, and both bullish and bearish scenarios. Not financial advice.
by fxtraderanthony
3
The Path to $158K – A Two-Phase Bull RunBitcoin (BTC/USD) Bitcoin is on track to reach $134,000 by April 2025, following the natural progression of the bull market cycle. However, as BTC approaches this key level, profit-taking and market dynamics will likely trigger a pullback phase, setting the stage for the second and final leg of the bull run. Phase 1: The $134K Target and Pullback (April–July 2025) BTC’s bull market momentum is expected to push the price toward $134,000 in April 2025, marking a critical milestone. As this level is reached, a selling phase will emerge, leading to a correction between $62,000 and $72,000 from May to July 2025. This retracement will serve as a healthy market reset, allowing for renewed accumulation before the next explosive move. Phase 2: The Final Bull Run to $158K (Nov–Dec 2025) After the correction, BTC will enter the second phase of the bull cycle, characterized by renewed investor interest and fresh capital inflows. A new wave of hype and adoption will propel Bitcoin toward its final bull market peak of $158,000 by November–December 2025. This mirrors historical market cycles, where a strong initial rally, followed by a correction, leads to an ultimate parabolic run before the market cools down. Key Price Levels to Watch: Target 1: $134,000 (April 2025) → Key milestone before the pullback. Pullback Range: $62,000–$72,000 (May–July 2025) → Profit-taking phase and market reset. Final Bull Run Target: $158,000 (Nov–Dec 2025) → Peak of the bull market before a potential cycle shift. Summary: History Will Repeat Itself Bitcoin's bull market progression follows a well-established pattern of rapid price appreciation, sharp corrections, and a final euphoric rally. With $134K as the first major target, a pullback to $62K–$72K will act as the foundation for the second explosive phase, ultimately driving BTC to its anticipated $158K peak by late 2025. As always, market cycles repeat, and this time, history appears to be following the same script once again.
BITSTAMP:BTCUSDLong
by QuantumFusionWave
4
Why $100K Is Closer, $200K NEXT?Bitcoin is holding **strong above $95,000**, even under record-breaking selling pressure. It briefly dipped to **$94,726 on Feb. 9**, but the rebound was swift. This is the **highest selling pressure since 2022**, yet BTC is still knocking on the door of **$100,000**! If Bitcoin can survive this, imagine what happens next. The bull run is only getting started—**$150K, $200K?** It’s only a matter of time. Stay sharp, stay invested, and watch history unfold! L1NK 0N B10 #Bitcoin #BTC100K #CryptoRevolution #FutureOfMoney
CRYPTOCOM:BTCUSDLong
by IPatrice
Bitcoin is hunting for liquidity, What's next?📊 After attempting to break $100K, Bitcoin faced another rejection. What’s happening now? The SMA shows that Bitcoin is still in a short-term downtrend, struggling to gain momentum. Right now, it’s hovering around $96,400 – $96,500, trying to stabilize. The key support to watch is $94,400 – $94,600—if it holds, we could see a bounce. If not, things might get shaky. On the upside, Bitcoin needs to break $100K first before making a real move toward $103K and beyond. For now, all eyes are on the $94K support. Will BINANCE:BTCUSDT hold or dip lower? What do you think?
by MonoCoinSignal
4
BTCUSD - M15 Short-Term Downside - Timing Today's USD NewsAnalysis of overall situation: We had a strong push up (to the left) We're now in a retracement phase. Usually there are 3 pushes down before the retracement is done. We're on that 3rd push phase. I'm looking to Buy overall, so this is a short-term scalp in line with the retracement. (The Buy scenario is the orange SnDR zone lower) H4 candles still showing weakness, indicating the retracement isn't done yet. Also, the spike from the previous M15 low happened at the new day, which hints it's not the real low. Waiting for the market to first take liquidity off the high of today, ideally enter into the gap (blue zone) then create strong Bearish candles. Entry will be on any M5/M15 retracement - after a break of structure. Also eventually breaking the current upward trendline. Targeting the M15 low Timing for this entry is after the USD News at NY Session. If market hits the invalidation level marked, then this idea is discarded.
CRYPTO:BTCUSDShort
by The_Peaceful_Trader
BTC/USDT 1H: Bearish Structure – Targeting Lower Levels?BTC/USDT 1H: Analysis 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates! Currect Market structure: Price: $96,034, breaking below recent range support, signaling a short-term bearish trend. RSI: Showing potential hidden bearish divergence at 40.85. Smart Money Concepts: Indicating a distribution phase with lower highs. Trade Setup: Position: Short Entry Zone: $96,800 - $97,000 (premium zone). Targets: T1: $95,500 T2: $94,200 Stop Loss: Above $97,600 (recent high). Risk Score: 7/10 Reasoning: The risk-to-reward is favorable, but the price could still show some choppy action before confirming further downside. Market Maker Analysis: Accumulation: Seen around the $94,000 - $93,000 zone. Current Phase: Distribution phase suggests more downside is likely after the current consolidation. Price Action: Expect choppy movement between $95,500 and $97,000. Key Levels: Resistance: $97,000, $98,500 Support: $95,500, $94,000 Fair Value Gap: $95,800 - $96,200 Recommendation: Position: Short positions are favorable after a rejection at resistance levels. Confirmation: Wait for rejection at the $97,000 level before entering the short. Action: Structure suggests downside after the current consolidation phase, so prepare for more bearish momentum. Confidence Level: 7.5/10 – D istribution phase visible, but waiting for confirmation at resistance. 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Short
by Cryptokijker
The 100K Club: Market Moves Exchange Cold Wallet moveme In the volatile world of cryptocurrency, understanding market movements can be a daunting task. However, a growing number of traders are turning to unconventional indicators to gain an edge. One such approach involves analyzing the movements of the so-called "100K Club" — large exchange cold wallet addresses that hold substantial amounts of Bitcoin. These wallets not only represent significant market players but also act as a barometer for broader market sentiment. Unveiling the 100K Club Indicator Our newly developed indicator focuses on tracking major exchange cold wallet movements. By plotting simple labels whenever large movements of Bitcoin are detected from cold wallet exchange storage, it reveals critical market dynamics that are often invisible to the average trader. The indicator highlights accumulation and distribution phases, market tops and bottoms, and key levels for swing trading on weekly and monthly timeframes. Market Tops and Bottoms: A Clear Pattern Historical data suggests that the movements of the 100K Club wallets align closely with market tops and bottoms. When these wallets begin to offload significant amounts of Bitcoin, it often precedes a market top. Conversely, heavy accumulation by these wallets frequently signals a market bottom. This correlation provides traders with a reliable tool to anticipate major price swings. Accumulation and Distribution Levels The indicator also sheds light on major accumulation and distribution levels. Accumulation phases are characterized by steady inflows into exchange cold wallets, indicating that large players are positioning themselves for a price increase. Distribution phases, marked by substantial outflows, suggest that these players are cashing out, anticipating a market downturn. Swing Trading with Confidence For swing traders, understanding these wallet movements can be transformative. The indicator’s ability to define key levels on weekly and monthly charts allows traders to identify optimal entry and exit points. By aligning their strategies with the actions of major market players, traders can enhance their decision-making process and improve their risk management. Liquidation Candle Sweeps: A Hidden Signal An interesting phenomenon observed with these large wallet movements is the occurrence of liquidation candle sweeps above or below the major movement key levels. These sweeps often suggest a retail stop hunt before a reversal in market direction. Recognizing these patterns can provide traders with additional confirmation of potential reversals, making the indicator even more powerful for strategic trading.
BINANCE:BTCUSD
by Data_Driven_Trading
Bitcoin at a Crossroads: How to prepare for the Next Big Move👀 👉 Bitcoin (BTC) has been consolidating within a defined range over the past few days, exhibiting sideways price action. The key question now is: where does it go from here? In this video, I delve into critical elements of technical analysis, including market structure and price action, to outline potential scenarios. I’ll map out a strategic approach for both a breakout above the range high and a breakdown below the range low. Please note, this is not financial advice.
by fxtraderanthony
Bitcoin Dominance Pumping , Is the Altcoin Market in Trouble ?Bitcoin dominance has broken a significant resistance level, signaling a shift in market dynamics. The previous double top formation has completely failed, and dominance is now sustaining above the prior highs. This development has bearish implications for altcoins, as Bitcoin's growing market share typically leads to capital outflows from the altcoin sector. Key Points on the Chart Double Top Failure & Breakout Confirmation The market was previously forming a double top pattern, a classic reversal setup that often signals a potential decline. However, BTC dominance not only broke the double top resistance but has held above it for multiple days, confirming bullish continuation. A failed double top often results in a strong move upward, as short-sellers covering their positions add to the momentum. Ascending Channel Structure The chart shows BTC dominance moving within a rising wedge/ascending channel formation. The breakout above the mid-channel resistance suggests an acceleration in trend strength, increasing the likelihood of BTC dominance rising further. As long as dominance stays within this structure, Bitcoin will likely outperform the altcoin market. Key Support & Resistance Levels 56.44% level was a major resistance in the past and is now a confirmed support zone. 61.91% (current level) marks the breakout region, now acting as new support. If dominance continues its uptrend, the next potential resistance area could be 66%–68%, marking the upper boundary of the trend. Impact on Altcoins Altcoin Weakness Likely to Continue Historically, when BTC dominance increases, altcoins tend to bleed as capital rotates toward Bitcoin. Many altcoins may struggle to gain momentum unless BTC dominance reverses from this region. Conditions for Altcoin Recovery For altcoins to regain strength, BTC dominance must decline from this breakout zone. A rejection from the upper trendline (~64%–66%) could create a temporary relief rally in altcoins. Altcoin Seasonal Trends Typically, altcoins start recovering once BTC dominance peaks and shows weakness. Until then, Bitcoin remains the safer bet, while altcoins carry higher risk. Trading Considerations & Strategy For BTC holders: The breakout suggests strong dominance continuation, meaning Bitcoin may remain the best-performing asset in the short term. For altcoin traders: Monitor Bitcoin dominance closely a drop back below 60% would be the first sign of relief for altcoins. For market timing: If BTC dominance approaches 64%–66%, a potential rejection could provide entry points for altcoins. Bitcoin dominance has broken a crucial structure, signaling altcoin weakness and Bitcoin strength. Until BTC dominance reverses or consolidates, altcoins may struggle to gain momentum. Watch the 64%–66% zone for signs of exhaustion if BTC dominance starts rejecting from there, it could mark the beginning of an altcoin resurgence.
CRYPTOCAP:BTC.D
by wolfchemist
BTC/USDT 1H: Accumulation in Play – Breakout Above $99K Next?BTC/USDT 1H: Analysis 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates! Current Market Condition: Price at $97,395, consolidating after rejection from $99K. Multiple CHoCH (Change of Character) formations indicate choppy price action. RSI at 47.86, showing a neutral stance with no extreme conditions. Smart Money Analysis: Fair Value Gap (FVG) between $96K- GETTEX:97K acting as strong support. Premium zone at $102K remains untested. Multiple liquidity hunts occurring around the GETTEX:98K level, signaling engineered price action. Trade Setup: Entry Zone: $97,200 - $97,400. Targets: T1: $98,800 (+1.5%). T2: $99,400 (+2.1%). Stop Loss: Below $96,400 (-0.8%). Risk Score: 7/10 – Decent risk-to-reward, but potential for manipulation at GETTEX:98K level. Market Maker Intent: Market Makers appear to be accumulating within this range. Hidden bullish divergence forming on RSI, supporting a breakout thesis. Recommendation: Consider long entries within $97,200 - $97,400, keeping stops tight at $96,400. Be patient—this is a high timeframe setup that requires discipline and proper risk management. Watch for strong volume confirmation above GETTEX:98K to reinforce bullish momentum. Confidence Level: 7/10 – Strong accumulation signals, but confirmation is required before aggressive positioning. 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Long
by Cryptokijker
Starting a Bitcoin Analysis Series – February EditionI’m kicking off a Bitcoin analysis series for February , where I’ll be sharing quick and to-the-point updates on the Bitcoin chart throughout the month. Alongside that, I’ll also post my trade ideas as they develop. The goal is to stay on top of the price action and navigate the market with clear, structured setups. I might not be able to catch every single move, but I’ll do my best to cover the most relevant ones. Hopefully, this will lead to some solid trades and strong results. At the end of the day, it’s not that complicated—you just have to trade what you see . Looking forward to an exciting month in the crypto market!
by stromm