BTCUSD | Testing Major Resistance Zone – Will Sellers Take ContrCOINBASE:BTCUSD is approaching a significant resistance zone. This zone has consistently acted as a key area of interest where sellers regained control, resulting in prior reversals. If the price confirms a rejection through bearish price action, such as wicks signaling rejection or bearish engulfing candles, I anticipate a move downward toward the $101,793 level.
However, if the price successfully breaks and holds above the zone, this would invalidate the bearish outlook and could open the door for further upside. Traders should monitor price action closely at this critical resistance area.
Btcusdshort
Bitcoin (BTC/USD) forming a potential triple topThe chart shows Bitcoin (BTC/USD) forming a potential **triple top** pattern at the key resistance zone of around 102,600. This is a bearish reversal structure, signaling potential downside if confirmed. Here's the short analysis:
1. **Key Observations**:
- **Triple Top Formation**: Indicates strong resistance at the 102,600 zone.
- **Bearish Structure**: Price previously rejected from this zone twice, leading to a significant decline.
- **Break of Structure (BOS)** and **Change of Character (ChoCh)** labels hint at bearish momentum after failed attempts to break resistance.
2. **Next Steps**:
- **Wait for Confirmation**: The chart suggests waiting for bearish confirmation, such as a strong rejection or a BOS to the downside, before entering a sell position.
- **Target Levels**: Downside targets could be the next significant support levels, likely around 100,000 and 96,000, as indicated by the arrow.
3. **Risk Management**:
- If price breaks above the resistance (invalidating the pattern), bullish momentum could continue, so stop-loss placement is essential above the resistance zone.
BITSTAMP:BTCUSD
BTC1! short idea with open gap fill and catching a quick longAs you might know, open gaps have a fill-rate of 90-95%. Additionally the open CME-gap (1W-basis) has much confluence with important technical levels for support and it lies in the middle of two zones where enormous amounts of USDT-inflows came into the market.
1. the 2024-range (Q1 - Q3)
2. the 2025-range (Q1 at least)
Where the new neckline also is, the new support that became resistance appeared. It might also be a good strike for smart money to know that above the biggest orderblock of 2024 support has developed more strength and consequence. So why you don't give it a try to retest it?
Here a maximum of buying pressure should lead to a strong bounce of BTCUSD towards a new alltime-high, if and as long as global liquidity rises again. But if not, at least inflation should do half of the bullish job for BTCUSD and a "sideways up" would be my - historically BIASed - expectation.
It begins with a shorter short. In the end it might be a very, very quick longer long because of my expectation of rising buying pressure with huge volume delta for the bulls below 78k.
Bitcoin Updatebtc has formed:
- ascending channel in blue and broke it
- while retesting the channel btc also formed a head and shoulders setup
- descending trendline in red
we're waiting for a candle to close below the neckline an retesting it so we enter a short (sell) trade
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Why Bitcoin is going down, Reason? - fxdollars- {13/01/2025}Educational 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.
BTCUSD - Bitcoins volatility is increasingFirst of all, a heartfelt thank you for all the boosts and a warm welcome to the new followers. I truly hope I’m providing value that makes your decisions and trading ideas easier to navigate.
Now, let’s dive into the chart:
The bars are growing larger and volatility is picking up.
We’ve got solid support at the centerline, but this support might soon give way. If that happens, Bitcoin will drop below the centerline, setting the stage for the following scenarios:
1. Panic sets in, and the market falls** – likely down to the 1/4 line (PTG1).
2. A pullback to the centerline. If the market fails to close above the centerline, we’re back to Scenario 1. On the other hand, if we see an open and close above the centerline, it’s very likely we’ll witness a rocket-like surge upward.
What’s the move here?
My thinking remains the same as last time:
If you take 50% profit off the table, it doesn’t matter what happens next. If the market drops, you’ve secured 50% profit. If it rallies, you’re still in with 50%.
Wishing you all the best of luck!
"BTC Alert: Sellers Dominate Until the Price Hits the Bottom!"BINANCE:BTCUSDT
COINBASE:BTCUSD
📈Which side you pick?
Bulls or Bears
Bitcoin (BTC) is currently forming a repetitive pattern. 📈 The price will test the identified support at the bottom of the channel, which could drive the price down toward the 86K-88K level. 📉
If the price drops below 92K, we may see a more significant decline into the 84K range, possibly accompanied by a long shadow reaching the 80-82K area (highlighted in red). 🔻🔍
🧐The Alternate scenario:
If the price stabilizes against the direction of the position below or above the trigger zone (92K), the setup will be canceled.
Be Careful Now!Crypto Trading Fam,
It's time for me to put out a note of caution. I have been bullish but a few days ago while doing my video, I spotted this pattern mid-session, hoping I would be wrong. Looks like I was not. The H&S pattern has now formed. This means we have an 85% probability that we'll drop to our next support of 75k. Yikes!
Now, 15% of the time a H&S pattern can fail. We can only hope this will be the case. But while hoping, prepare your SLs. Could get ugly for those alts!
✌️ Stew
BTC/USDT: A Potential Bullish Reversal From Key Demand Zonehello guys!
let's analysis btc
Resistance:
$98,450 (immediate resistance, recent structure level).
$102,800 - $104,000 (strong supply zone and Fibonacci confluence).
Support:
$95,000 (demand zone).
$92,000 (last significant swing low).
Bullish Scenario:
If BTC can hold and reverse from the $94,000 - $95,000 demand zone, a bullish move could potentially retest the $98,450 resistance. A break above this level would pave the way for a rally towards the $102,800 supply zone, with an ultimate target near $104,000.
Bearish Scenario:
Failure to maintain support within the demand zone could lead to a deeper pullback towards $92,000, which is the next major area of interest for buyers. A break below this level might invalidate the bullish outlook and signal further downside.
____________________________________
Conclusion:
BTC is in a pivotal phase, and the $94,000 - $95,000 zone will be critical for the next move. Watch for bullish price action signals (such as engulfing candles or bullish divergences) in this area before considering any long positions. A bounce from this level could lead to a new attempt to break the $100,000 psychological barrier. Conversely, a failure to hold support might indicate further weakness.
BTCUSD Bitcoin price has gained 7% in the last three days, briefly breaching the $97,750 resistance on Thursday. Bitcoin price crossed $97,750 on Thursday, rising 7% since MicroStrategy’s latest BTC $200 million purchase on Monday December 29. On-chain data shows user activity on the Bitcoin network is still trending 30% below last month's peak, signalling potential for more gains aheadHowever, Bitcoin price trends flipped positive on Monday after MicroStrategy extended its weekly BTC buying spree with another $209 million purchase.
Since the announcement on December 30, BTC price has rebounded 6.8% to reclaim the $97,800 level at the time of publication on Thursday.
Despite recent volatility that saw MicroStrategy’s MSTR stock price retrace by more than 30% in the last weeks of December 2024, CEO Michael Saylor doubled down on its company’s audacious target to acquire $42 billion worth of BTC over the next 3 years
BTCUSD what are the next candle prints? I am looking shortHey everyone this is your boy Hunbal! I am looking for a good sell trade ready for asian session BTCUSD is ready for a drop I have 2 confirmation one the rejection from the resistance level and second choc in m30 time frame so we are hoping a good sell from here (98,351) our take profit will be 100 pips 97,351 and our stop loss will be 70 pips 99,000. I wish we all together print some money.
Good Luck :)