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Btcusdanalysis

BITCOIN on Daily ChartThis analysis suggests that Bitcoin completed a major cycle in November 2022 and subsequently began an upward trend, characterized by an extended Wave (3) of the Intermediate degree, following Elliott Wave Theory principles. A recent breakdown below the Minor Wave 4 indicates a potential retracement. The analysis identifies a key retracement zone at approximately 61.8% of the previous upward move, potentially representing the Wave ((2)) of the Primary degree. This level is crucial for observing potential support and a trend reversal. Disclaimer : Not Financial Advice : This analysis is for informational and educational purposes only. It should not be construed as financial advice or a recommendation to buy or sell any cryptocurrency.   Market Volatility : The cryptocurrency market is highly volatile and subject to rapid and unpredictable price swings.   Risk of Loss : Trading and investing in cryptocurrencies involve substantial risk of loss. You could lose some or all of your invested capital.   Independent Research : You should conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions.  
BITSTAMP:BTCUSD
by imkhushal
2
UniversOfSignals | Bitcoin Daily Analysis #20Let's dive into the Bitcoin analysis and key crypto indices, where I will, as usual, review the futures triggers for today's New York session. The market had an upward and corrective movement yesterday, rising from the support at 78,940. Today, I aim to examine the market conditions for you. ⏳ 1-Hour Timeframe In the 1-hour timeframe, as you can see, the price has risen from the support at 78,940 and managed to exceed the area of 83,779. A V pattern has formed and has been activated, moving the price upward. It appears that the break of 83,779 so far was a fake break. 🔼 If 83,779 is broken again, you can enter a short position targeting 78,940, but keep in mind that since the price has already faked a break, there might be an upward momentum entering the market. If 82,770 breaks, you could consider taking the risk of opening a long position. ⚡️ Personally, I prefer to open a long position with the minimum risk allowed by my strategy, but if 83,779 breaks, I will open a short position with usual risk. As you can see, the price has also hit the SMA 99 and seems to be getting rejected from it. 📉 This could be another suitable confirmation for a short position, and if the price cannot stabilize above this SMA and gets rejected from this area, breaking 83,779, we could even expect the next bearish leg towards lower lows, although the first target for us would be 78,940. ✅ The RSI oscillator has also moved out of the oversell zone and above the 50 area. A break of the 50 zone could reintroduce bearish momentum into the market. 📊 Keep in mind that today is Saturday, considered a holiday, and the market volume is very low. I generally prefer the market to range on such days and then start moving afterward. 👑 BTC.D Analysis Let's move on to analyzing Bitcoin dominance to see how Bitcoin's dominance over the market has changed compared to yesterday. As you can see, after being supported at 60.48 and breaking the 60.91 area, it's moving upwards again. 💫 As I mentioned, a range box has formed between 60.48 and 62.19, and I told you yesterday that if the dominance stabilizes above 60.91, it could start moving towards the box's ceiling. 🎲 As you can see, this movement has started, and so far, the dominance has reached 61.21. We need to see how the dominance reacts to this area. If this area breaks, the next resistance levels for dominance will be 61.49 and 62.19. 🧲 I have nothing more to say about Bitcoin dominance. It seems to be forming an upward structure, and if this upward structure coincides with the next bearish leg of Bitcoin, altcoins could provide very good short positions and experience sharp declines. 📅 Total2 Analysis Let's move on to analyze Total2 to see what the triggers for altcoins will be. As you can see, Total2 was supported from 1.01 and has moved upward to 1.09, where it is currently being rejected. 🔍 As you observe, the SMA 99 in Total2 has reached the price and the price has reacted to it. We have a very risky trigger for a short position on Total2, which is the break of 1.06; this position is very risky and can be opened as a scalp in lower timeframes. 🚀 The highest target I can consider for this position will be the area of 1.01. 📅 USDT.D Analysis Let's move on to the analysis of Tether dominance. As you see, Tether's dominance was rejected from 5.50 and has moved downward, reaching back to 5.21. This index, like Bitcoin and Total2, has reached the SMA 99 and been supported from this area, and could perform its next bullish leg after breaking 5.21. 💥 In this case, you could confirm the bullish turn of Tether's dominance and validate this dominance for the next bearish leg of the price. ❌ 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.
by UNIVERSOFSIGNALS
Bitcoin Timeframe 1h Clear Bullish Broadening Wedge Target 89kI see the BTC Pattern in the 1h timeframe where there is the potential to form a descending broadening wedge pattern where the main target for the increase if the breakout is valid is at a price of $ 89k. Of course we need to see another correction as confirmation if BTC does form this descending broadening wedge pattern. For the closest confirmation as the bitcoin retest area is at a price of $ 82k. Then if bitcoin can bounce off that price and can breakout above the trendline broadening wedge make bullish trend will continue to $ 96k. But if bitcoin dumps so that it makes a New Lower Low I think the red line $ 77k. is very likely to be visited because it is the lowest line area of ​​the descending broadening wedge pattern.
Long
by Jaya_Bahari
BTC Rebalance in Play? Key Retrace Setup Unfolding!Bitcoin has tapped into a bullish imbalance on the weekly timeframe—a natural move as the market seeks to rebalance. 🔄 We often see reactions around the midpoint of these levels. If price starts ranging sideways and breaks structure to the upside, we could consider a counter-trend trade on the retrace, then look for another sell opportunity as it pulls back. 📊 I’ll aim to follow up with a video over the weekend. Stay tuned! 🎥 Not financial advice. ⚠️
by fxtraderanthony
Bitcoin Finds Strong Support – Is a Reversal on the Horizon?hello guys Bitcoin recently completed a crown pattern, a bearish reversal formation that signaled a downward move. As expected, BTC followed the pattern structure and reached its target. Currently, the price has touched two critical technical levels: ✔ The balance line – A key horizontal support zone ✔ The ascending trendline – Acting as dynamic support from previous lows This confluence of support suggests that BTC might be at a potential reversal zone. However, while the conditions seem favorable for an upward movement, we need additional confirmation. Possible bullish signals to watch for include: A strong bullish candlestick pattern (e.g., engulfing, pin bar) Increased buying volume A break above the nearest resistance level If BTC maintains this support, we could see a recovery towards $90K+ levels in the short term. Otherwise, a breakdown below the trendline may trigger further downside.
by melikatrader94
2
When will BTC kiss $80K again?When Will BTC Reclaim $80K? Bitcoin’s price action over the past year has been nothing short of remarkable, delivering substantial gains for long-term investors. However, BTC has been facing strong resistance at its previous all-time high (ATH) recorded on December 17, 2024. While Bitcoin briefly surpassed this level on January 20, 2025, the breakout was short-lived, leading to the formation of a potential double-top (M-pattern)—a classic reversal pattern in technical analysis. If this pattern plays out, Bitcoin could face a corrective move, potentially testing lower support levels before attempting another breakout. From a strategic standpoint, the $80K region could present a strong buying opportunity, depending on broader market sentiment, macroeconomic factors, and liquidity inflows. Traders and investors should monitor key support zones, volume trends, and confirmation signals before positioning for Bitcoin’s next move. Would you like a more detailed analysis, including key support and resistance levels? If you found this helpful, kindly Like, follow, and hit me up
by ForexClinik
Crab Pattern Based on the provided chart, there is a possibility for the Crab Pattern to complete. In this pattern, point D typically forms at higher Fibonacci levels, specifically around 2.618 of the BC leg. In this chart, the PRZ (Potential Reversal Zone) is identified as a key area for the pattern’s completion. This zone can act as a potential point for a price reversal. The Crab Pattern often emerges at extreme price levels, and if the price reaches this zone, a reaction or reversal might occur. To confirm the completion of this pattern, analyzing price behavior near the PRZ is crucial. Using additional technical indicators such as trading volume, momentum indicators, and candlestick patterns can provide more precise insights. Overall, the pattern has the potential to complete, but traders should wait for further confirmation from the market.
COINBASE:BTCUSDShort
by rozane
Bitcoin Reversal Setup – Potential Upside Within the ChannelBTC/USD is currently trading within a descending channel on the 1H timeframe. The price has recently bounced from the lower trendline support, indicating a possible reversal. Key Levels & Observations: • Support Zone: ~ $78,000 (recent low & trendline support) • Resistance Levels: • $95,000 (major resistance level within the channel) • $96,000 (potential breakout level) Trading Idea: A bullish move is anticipated if BTC holds above the lower trendline. A potential target is the mid-channel resistance ($93,000), with an extended move toward the upper boundary ($94,600). A break above this level could signal a broader trend reversal.
CRYPTO:BTCUSDLong
by parraggon
1
Short-Term Bitcoin Balances at 2024 Lows: A Cooldown SignalThis chart tracks the total Bitcoin balance held by short-term holders, a key barometer for speculative interest. Recently, these balances have declined to their lowest levels since October 2024 and remain on a downward trajectory. This drop mirrors the broader pullback in Bitcoin’s price, and this combination historically signaled cooldown phases in the market, as shown in the red box. While such phases often involve short-term weakness, they also help reset market conditions and can pave the way for healthier, more sustainable price growth.
CRYPTO:BTCUSD
by IntoTheBlock
Bitcoin Has Dropped $20K in a Single Week! Where’s the Bottom?Hey followers, Crazy times, huh? I was just looking at the Bitcoin chart, and I don’t see any other week in history with a $20K retracement, absolutely wild. I haven’t done much BTC analysis lately, but the last time I did, I warned: “Money on your screen won’t feed your family—turn it into real gains.” Well, here we are. Once again, two simple criteria have proven their ability to predict profit-taking areas and potential corrections: 📌 Channel projection 📌 Equal waves Now, with this massive sell-off, it’s time to hunt for strong support zones. Percent-wise, the weekly drop might not be extreme, but in raw dollar terms, it should be the biggest in BTC’s history. So, where could this madness stop? For me, the 48K–$66K range is where things get interesting. Somewhere inside this zone, I expect a reaction, and I’ll be looking for possible reversal setups. Let’s break down the key reasons why this area is a potential landing spot: 🔹 1. Previous yearly highs acting as support In 2021, Bitcoin saw two major sell-offs in the $60K–$70K range. Then, in early 2024, the same zone acted as a strong resistance before BTC finally broke through. When a zone like this is left untested, it often pulls the price back like a magnet for a retest, a classic case of liquidity seeking validation. That’s why this area forms the foundation of my support box. 🔹 2. Short-term trendline alignment This trendline, drawn from wick touches, is valid because the third touch happens higher than the peak between the first and second touches, comes to retest the trendline from higher high levels (HH). Even though it’s short-term, it perfectly aligns with the horizontal support zone, adding extra confluence. 🔹 3. 50% retracement from the all-time high From my past crypto analysis, BTC loves its 50% retracements from all-time highs—like clockwork. And guess what? This level perfectly overlaps with the marked support zone, reinforcing its strength. 🔹 4. The psychological $50K level Round numbers play a big role in trading, humans love them. Back in August 2024, $50K acted as a key level. I even mentioned on a local radio station earlier that year that buying the dip around here could be a smart move… and, well, lucky me, it worked out. :) So once again, this simple but effective criterion strengthens the case for this area. Putting all these criteria together: Summary: The more confluences in a single price zone, the stronger it is. Sure, we could add some fake trendlines or EMAs, but for me, price action and human psychology tell the real story. Think of it like tracking footprints in the snow, BTC leaves clues, and it’s our job to follow them. - For long-term believers, this zone could be a solid place to accumulate more BTC. - For those looking to enter Bitcoin for the first time, this is the area to watch. What do you think? Are we heading lower, or... 🚀If you like the analysis, hit the boost as well🚀 Cheers, Vaido --------------------------- 📢 Want more in-depth technical analysis? I post similar insights on my Substack channel, where I break down technically strong stocks worldwide by saving you time and helping grow your portfolio. I do the technical analysis, so you don’t have to! 🔗 Find the link in my BIO (under the Website icon) , or if you're using mobile just scroll down to my signature to choose your preferred language. See you there!
COINBASE:BTCUSDLong
by VaidoVeek
1