Bitcoin BTC price analysis😕 Yesterday's news of a higher-than-expected CPI increase seems to have been "digested" by the market.
We liked that most of the alts held up quite well (all compared to last week) - there was no more panic.
1️⃣ On the one hand, the CRYPTOCAP:BTC price is being pushed to the “critical triangle” below which the OKX:BTCUSDT price may go to close the CME GAP formed last year.
But BTC.D is also dropping, albeit reluctantly, a little bit.
2️⃣ On the other hand, maybe it's time to stop focusing on that bourgeois #Bitcoin ).
It's time for the altcoins to take "the pitchforks" into their own hands!)
😱 Some #CAKE and #Bake are showing good growth and even the “heavy” CRYPTOCAP:BNB is climbing despite them.... and all because #CZ decided to return to the “big” game and will present a photo of his dog in a few hours....
We are re-reading this sur and our eyes are twitching.... but these are the realities of the crypto world now...)
⁉️ So, what do you think, which memecoin from СZ will blow up the information space and pull all the market liquidity to itself in the coming hours/days?)
Btcusdanalysis
BTC SHORT TP:84,500 25-02-2024Bitcoin is forming bearish patterns on shorter timeframes and appears to be setting up for a final downward impulse. Targeting the zone of 84,000 to 85,000 seems like a solid strategy, but I can't rule out the possibility of a spike down to 80,000.
This analysis is based on a 1-hour timeframe, so I expect the scenario to unfold within 15 to 20 hours; otherwise, it will be deemed invalid. Make sure to follow me and activate alerts to stay updated on the latest developments.
Bitcoin (BTC/USD) – Double Channel Down with Potential Reversal!Pair: BTC/USD
Timeframe: 4H
Current Price: $86,486 (-2.37%)
🔍 Market Overview
Bitcoin has been trading within a well-defined double downward channel, indicating a period of correction. The price is approaching a key support level, which could act as a potential reversal point.
📊 Technical Analysis
1️⃣ Double Channel Down Formation
BTC has been moving within two parallel descending channels, confirming a short-term bearish trend.
The price is currently at the lower boundary of the second channel, where buying pressure may emerge.
2️⃣ Support & Resistance Levels
🔹 Support Levels:
$85,500 - $86,000 (Lower channel boundary)
$83,800 (Key demand zone)
🔹 Resistance Levels:
$89,000 (Mid-channel resistance)
$92,500 (Upper channel resistance)
$96,892 (Major breakout target)
3️⃣ Possible Trading Scenarios
📈 Bullish Scenario:
If BTC holds above the $85,500-$86,000 support zone, we could see a bounce back towards the mid-channel resistance (~$89,000).
A confirmed breakout above $92,500 would signal a trend reversal toward the $96,892 target.
📉 Bearish Scenario:
If BTC fails to hold the $85,500 support, we could see a further drop toward $83,800 or even lower.
A confirmed breakdown would extend the bearish momentum, possibly towards $80,000.
📌 Trading Plan
✅ Long Entry:
Around $86,000 - $85,500 (Support Retest)
Stop Loss: Below $83,800
Target 1: $89,000
Target 2: $92,500
Target 3: $96,892
🚨 Short Entry (If Breakdown Occurs):
Below $85,500
Stop Loss: Above $88,000
Target 1: $83,800
Target 2: $80,000
Bitcoin (BTCUSD) – Bearish Trend ContinuesReferring to the previous analysis, BTCUSD remains in a dominant bearish trend, currently testing a critical support zone at the lower boundary of the double channel pattern.
If the $86K level holds as a support, a potential short-term bullish retracement towards the upper boundary of the double channel at $96.8K may occur. However, failure to sustain above $86K could trigger further downside pressure, with the next key support levels positioned at the Fibonacci retracement level of $74.6K.
In a worst-case scenario, a deeper breakdown could drive BTCUSD towards the major support at GETTEX:52K , a historically significant demand zone within the long-term market structure.
Traders and investors should closely monitor price action and volume dynamics around these critical levels to anticipate the next potential move.
Previous analysis
Broad View on Bitcoin - FxDollars - 26/02/2025Educational Analysis says BTCUSD may move DOWN from this range, according to my technical.
Broker - COINBASE
Because the BTCUSD pair showed some bullish weakness, it finally did liquidity, which was taken out on buy-side orders to show a sign of a downtrend, and I am looking to counter-trend this position.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
Multiple Signals Shows BTC Might Touched Short-Term BottomLast time BINANCE:BTCUSDT had all 3 of these signals was in August 2024:
1️⃣ RSI <30 in oversold territory
2️⃣ MACD < 0
3️⃣ Fear & Greed Index at "Extreme Fear"
Also, since 2024 began, every time CRYPTOCAP:BTC had a wick + volume spike, it marked a "short-term" bottom.
What do you think? Is this the bottom for BITSTAMP:BTCUSD ?
Leave a comment!
🔴 Read my signature & publications for more info you don’t want to miss.
🔥 for more future "guesses" like this!
On the 8-hour timeframe, BitcoinOn the 8-hour timeframe, Bitcoin is currently trading at $87,777, following a continued downtrend. The price is approaching a key support level at $87,558, and if this level fails, the next significant support could be lower around $85,000.
The RSI is at 24.6, indicating oversold conditions, which might suggest a potential short-term bounce. However, the RSI has remained in the lower region for a while, showing sustained bearish momentum. Momentum indicators show early signs of possible bullish interest, including green dots on the momentum wave, but these signals lack confirmation without stronger price action.
Key resistance levels are located between $90,463 and $93,321. The price would need to break above $90,463 to initiate a meaningful recovery attempt. However, given the bearish structure and strong overhead resistance, any bullish move is likely to face rejection unless supported by high trading volume.
The presence of bearish signals above the current price suggests that sellers are still in control. Without significant buying momentum, Bitcoin may continue to drift lower. If the price holds above $87,558 and the RSI begins to climb above 30, a short-term recovery toward $90,463 could occur. On the other hand, failure to hold the current support level could lead to a further decline toward the $85,000 region.
Overall, the outlook remains bearish, with a chance for a short-term bounce if support holds. Traders should monitor RSI movement and trading volume for signs of a potential reversal.
btc still bearish#BTCUSD, price have break below the main range which needs correction.
We hope to see price reaching 84k-82k but firstly double breakout below 87600 will drop the price there and stop loss at 88600.
Above 89300 holds bearish zone but if price multiple reverse there possible 91k will retest back.
Btcusd analysis This chart is a 2-hour timeframe technical analysis of Bitcoin (BTC/USD) on Coinbase. The analysis highlights key price levels, an order block, and potential price targets.
Key Observations:
1. Current Price: Bitcoin is trading at $88,333.35, with a slight decline of -0.28%.
2. Support Zone (Order Block): The analysis identifies a support region around $85,635.14, where price action might reverse.
3. Resistance Levels & Targets:
$90,057.93: A mid-level resistance that could serve as an initial breakout confirmation.
$90,090.04: A key resistance level before further upward movement.
$93,833.62: The final target if bullish momentum continues.
4. Price Projection: The analysis suggests a possible drop into the order block before a bullish push toward higher resistance levels.
5. Directional Bias: The blue arrows indicate a bullish scenario where Bitcoin might rebound from the order block and rise toward $93,833.62.
Conclusion:
The chart suggests a potential bullish setup if Bitcoin finds support at the order block and breaks through resistance levels. Traders might look for confirmation before entering long positions. However, failure to hold the support could lead to further declines.
3 week chart forecasted the drop. Now what for Bitcoin?As per analysis:
Update on this chart that forecasted the drop. If you see my Binance BTC chart you will see both line up with each other's analysis yet they are 2 different types of TA and timeframes.
Now the drop has happened the % we forecast of the minimum 25% is not hit yet. This chart shows in yellow the current amount of % in drop BTC has made so far. The orange is the minimum as per history.
You will see on this chart there are now coloured circles around some candles. These are the times when Bitcoin was in a similar late period of a bull market and the RSI white line went under the yellow RSI line.(not the yellow trendline at 50.21 , the actual moving RSI yellow line).
The price drops are shown for these inside the circles, except for covid crash (red circle).
There are date ranges shown which are from the bottom of these price drops to the top of the bull run. I have put similar date ranges at current bottom and the larger of the 2 goes to mid November which would line up with a normal ending to bull run, making right now similar to the pink circled area.
The red circle is the covid crash and if you look at RSI this is the only time in a bull run that the yellow moving RSI line is on a downward slope. Every other time it is sloping down, we are in a bear market. Now look at the current situation, it is a downward sloping line. This is a slight concern.
Now we wait to see what unfolds on the lower timeframe analysis after this recent drop and check other indicators for a bear market confirmation. For now, we must assume we are still in a bull market, unless there are more signs of a bear market showing.
If still in bull run then these prices are a gift on altcoins. The issue is whether BTC wants to close the gap at 77k area which could potentially trigger the bear market to follow, depending on how long it is down at that price.
If this 3week RSI reclaims the yellow moving RSI line then we know the bull run will continue.
XAUUSD MARKET IS BULLISH BEWARE READY FOR IN NEW ZONE Xauusd market is currently on 2914 according h1 and my experience if market break resistance level is 2934 then market move in new zone 2970 or break a support level 2897 then pullback to 2800
RESISTANCE LEVEL . 2934
SUPPORT LEVEL . 2897
MY TARGET.. 2970
TARGET 2 3000.00
BTC on high time frame,
"Hello traders, focusing on BTC, the price has broken below a trend line and closed under it on high time frames. I anticipate a decline to (FVG) with a target at $84,000. This analysis is based on high time frames. On lower time frames, there might be a move up to $92,000 to complete a pullback for reduced risk.
Trade Plan:
- Entry Point: $92,000
- Take Profit: $84,000
- Stop Loss: $94,500"
If you require further assistance or have any specific questions, feel free to ask!
BTC dumpTime to Rejoice....Either you just bought the bottom or you are going to get some heavily discounted btc....we are running out of supports....and then the. previous resistance will become support....which was the all time high
I think that the $86,6xx support i think will act as a support heading into the weekend....stay tuned
Bitcoin Plummets: ETF Exodus, Liquidations, and Global Jitters
Bitcoin's recent plunge below the $90,000 threshold, a level unseen since November 2024, has sent ripples of concern through the cryptocurrency market. This sharp correction is attributed to a confluence of factors, including persistent ETF outflows, a surge in leveraged liquidations, and mounting geopolitical tensions, creating a volatile environment that has shaken investor confidence.
The most immediate catalyst for Bitcoin's decline has been the sustained outflows from US-listed Bitcoin ETFs. These exchange-traded funds, which had previously fueled Bitcoin's ascent by providing institutional investors with easy access to the cryptocurrency, have recently witnessed a reversal in sentiment. Investors, possibly reacting to broader market anxieties and profit-taking, have begun withdrawing funds, putting downward pressure on Bitcoin's price. This outflow signals a shift in institutional appetite, raising questions about the sustainability of the previous bullish momentum.
Adding fuel to the fire, the crypto market has experienced a significant wave of liquidations. Over $1.3 billion in leveraged positions were wiped out as Bitcoin's price plummeted. These liquidations, which occur when traders using borrowed funds are unable to meet margin requirements, exacerbate price volatility by triggering cascading sell orders. The sheer volume of liquidations underscores the high degree of leverage prevalent in the crypto market, highlighting the inherent risks associated with such trading strategies.
Furthermore, macroeconomic uncertainties are contributing to the risk-off sentiment permeating financial markets. The recent strengthening of the Japanese yen, often seen as a safe-haven asset, reflects investor concerns about global economic stability. Similarly, the dip in Nasdaq futures suggests a broader aversion to risk in traditional equity markets, which often spills over into the crypto space. The re-emergence of US-China trade tensions adds another layer of uncertainty, as any escalation could have far-reaching economic consequences, impacting investor sentiment and asset valuations.
The technical outlook for Bitcoin remains precarious. Analysts are closely monitoring the $85,000 support level, which, if breached, could trigger a further sell-off. The potential for over $1 billion in long liquidations below this level suggests that a significant drop is possible. Some analysts are even warning of a potential free fall to $81,000 if the $85,000 support fails to hold, indicating a severe test of market resilience.
Moreover, a more dire prediction posits that Bitcoin could potentially drop below $70,000, erasing gains made since the US election. This scenario, while alarming, highlights the vulnerability of Bitcoin to macroeconomic factors and investor sentiment. The prospect of a significant correction raises concerns about the stability of the crypto market and its ability to withstand external shocks.
The current market conditions serve as a stark reminder of the inherent volatility of cryptocurrencies. While Bitcoin has demonstrated remarkable resilience in the past, its price remains susceptible to a wide range of factors, including ETF flows, leveraged trading, and global economic conditions. Investors must remain vigilant and exercise caution in navigating this turbulent landscape.
The recent downturn underscores the importance of risk management in cryptocurrency trading. Leveraged positions, while offering the potential for amplified gains, also carry the risk of substantial losses. The high degree of leverage prevalent in the market can exacerbate price swings, leading to rapid liquidations and further downward pressure.
Furthermore, the growing correlation between traditional financial markets and the crypto space highlights the need for investors to consider broader macroeconomic factors. Changes in interest rates, inflation, and geopolitical tensions can all impact investor sentiment and asset valuations.
In conclusion, Bitcoin's recent tumble below $90,000 reflects a confluence of factors, including ETF outflows, leveraged liquidations, and global economic uncertainties. The market remains highly volatile, and further price swings are possible. Investors should exercise caution and prioritize risk management in navigating this challenging environment. The ability of Bitcoin to recover from this downturn will depend on a variety of factors, including the resumption of ETF inflows, a reduction in leveraged trading, and a stabilization of global economic conditions. The coming weeks will be critical in determining whether Bitcoin can regain its footing or succumb to further downward pressure.
Turning BTC into Revenue: MicroStrategy's Innovative ApproacMicroStrategy's Wild Ride: Navigating Bitcoin's Volatility with a "Yield" Strategy
MicroStrategy (MSTR), the enterprise software company that famously pivoted to a Bitcoin acquisition strategy, has seen its stock price plummet by roughly 16% year-to-date. This downturn mirrors the broader volatility experienced by Bitcoin, which has faced significant headwinds amidst rising interest rates and macroeconomic uncertainty. However, despite the short-term turbulence, a significant portion of stock analysts remain bullish on MicroStrategy's long-term outlook, primarily due to the company's innovative "Bitcoin yield" strategy.
MicroStrategy's bold decision to adopt Bitcoin as its primary treasury reserve asset, spearheaded by former CEO Michael Saylor, has inextricably linked its fortunes to the cryptocurrency's performance. When Bitcoin surges, MSTR typically follows suit, and conversely, downturns in the crypto market exert downward pressure on the stock. This direct correlation has made MSTR a high-beta play on Bitcoin, offering investors amplified exposure to the digital asset's price fluctuations, both positive and negative.
The recent decline in MSTR's stock price can be attributed to several factors. Firstly, the Federal Reserve's aggressive interest rate hikes to combat inflation have dampened investor appetite for riskier assets, including cryptocurrencies. This has led to a significant sell-off in the crypto market, dragging down Bitcoin's price and, consequently, MSTR's valuation.
Secondly, concerns about regulatory scrutiny in the cryptocurrency space have added to the market's unease. Increased regulatory oversight and potential crackdowns on crypto exchanges and projects can create uncertainty and dampen investor confidence.
Lastly, general market sentiment towards growth stocks and technology companies has been bearish, further contributing to MSTR's decline. As a company closely associated with the tech sector and the volatile cryptocurrency market, MicroStrategy has been particularly vulnerable to these broader market trends.
Despite these challenges, the bullish sentiment from stock analysts stems from MicroStrategy's unique approach to generating "Bitcoin yield." This strategy involves utilizing the company's substantial Bitcoin holdings to secure loans and generate revenue through various financial instruments.
One key component of this strategy is the use of Bitcoin-backed loans. MicroStrategy has successfully leveraged its Bitcoin holdings to obtain loans at favorable interest rates, effectively monetizing its digital assets without selling them. This allows the company to generate cash flow while maintaining its long-term Bitcoin position.
Furthermore, MicroStrategy is exploring other avenues to generate Bitcoin yield, such as participating in staking and lending platforms. These activities allow the company to earn interest or rewards on its Bitcoin holdings, further enhancing its revenue streams.
Analysts argue that this "Bitcoin yield" strategy provides MicroStrategy with a sustainable business model, even during periods of Bitcoin price volatility. By generating revenue from its Bitcoin holdings, the company can mitigate the impact of price fluctuations and maintain its financial stability.
Moreover, the company's continued accumulation of Bitcoin, even during price downturns, demonstrates its long-term commitment to the cryptocurrency. This unwavering belief in Bitcoin's future potential is seen by many analysts as a strong signal of confidence.
However, the "Bitcoin yield" strategy is not without its risks. The crypto lending market is still relatively nascent and subject to regulatory uncertainties. Counterparty risk and the potential for loan defaults are also factors that could impact MicroStrategy's financial performance.
Another element that is important to consider is the level of debt Microstrategy has taken on. The company has funded its Bitcoin purchases through debt offerings, and while the "Bitcoin yield" strategy is designed to cover the interest payments, a prolonged bear market could put pressure on the company's balance sheet.
The success of MicroStrategy's strategy hinges on the long-term appreciation of Bitcoin. If Bitcoin's price continues to rise, the company's Bitcoin holdings will increase in value, and its "Bitcoin yield" strategy will become even more profitable. However, if Bitcoin's price stagnates or declines, the company's financial performance could be negatively impacted.
In conclusion, MicroStrategy's stock price has experienced significant volatility in line with Bitcoin's performance. While the recent downturn has raised concerns, stock analysts remain optimistic about the company's long-term prospects, citing its innovative "Bitcoin yield" strategy. This strategy, which involves leveraging Bitcoin holdings to generate revenue, provides MicroStrategy with a unique business model that could potentially mitigate the impact of Bitcoin's volatility.
However, investors should be aware of the risks associated with this strategy, including regulatory uncertainties, counterparty risk, and the potential for loan defaults. The success of MicroStrategy's strategy ultimately depends on the long-term trajectory of Bitcoin's price. As the cryptocurrency market continues to evolve, MicroStrategy's ability to adapt and navigate these challenges will be crucial to its future success.
Bitcoin Analysis and Possible predictionsBitcoin is currently trading around $88,857 after breaking below the previous support zone of $91,130. This sharp drop indicates strong bearish momentum, with the price now sitting just above the next significant support level at $88,909. A breakdown below this could open the path toward deeper corrections, possibly around $85,000 or lower.
The RSI is trending downward, currently near 30, signaling that the market is close to oversold territory. However, being near oversold doesn't guarantee a reversal; the price can continue to drop if bearish momentum remains strong. If RSI bounces above 30, it might indicate a short-term relief rally.
Momentum indicators are still showing negative pressure, with the money flow index remaining low, suggesting continuous capital outflow from the market. The momentum waves in the lower section of the chart continue trending downward, and there are no clear bullish divergences that would suggest an imminent reversal.
Key resistance levels are now $91,130, $94,245, and $96,069. Any short-term bullish movement would likely face rejection at these levels without significant volume support. On the bearish side, a close below $88,909 would confirm further downside potential.
If Bitcoin holds the current level and RSI recovers, there is a possibility of a short-term bounce to $91,130. However, given the strong bearish sentiment, the more probable scenario is a continuation of the downtrend toward lower support zones. Traders should watch for confirmation of a reversal before considering long positions, as the market remains in a fragile state with bearish momentum dominating.