Bitcoin Pushes Higher: Is $104K the Next Stop?Bitcoin ( BINANCE:BTCUSDT ) moved as I expected in the previous post and even made the correction .
Bitcoin is breaking the Resistance zone($100,000-$98,080) , and I expect this zone to be broken soon, and then Bitcoin is ready to attack the Next Resistance zone($104,200-$101,320) .
Regarding Elliott wave theory , Bitcoin seems to be completing the main wave 5 in the 1-hour time frame .
I expect Bitcoin to rise to at least the Resistance zone($104,200-$101,320) .
Note: If Bitcoin goes below $96,320, we can expect more fall.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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BTCUSDTPERP
#BTC Support Zones to Watch📊#BTC Support Zones to Watch🔥
🧠From a structural perspective, we have consolidated sideways to form a new bullish structure and then continued to move higher. It is reasonable to fall back after completing the goal of this structure. The next support zone we need to pay attention to is 95000-96336
Let's see👀
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From Bear Trap to Breakout: Bitcoin RoadmapBitcoin ( BINANCE:BTCUSDT ) started to rise again( with a high momentum )
yesterday after failing to break the Heavy Support zone($93,400-$90,000) ( Bear Trap formation).
Educational Tip: Its quick return after exiting the Heavy Support zone($93,400-$90,000) with high volume was one of the signs of a bear trap.
Regarding Elliott wave theory , it seems Bitcoin successfully completed a Zigzag Correction(ABC/5-3-5) yesterday and is currently completing the next five impulsive waves . Likely, Bitcoin is still in correction waves .
I expect Bitcoin to start correcting from the Resistance zone($100,000-$98,080) , 50_SMA(Daily) , and Monthly Pivot Point and start to rise again from the Potential Reversal Zone(PRZ) and attack the Resistance zone($100,000-$98,080) .
⚠️Note: If Bitcoin breaks the Heavy Support zone($93,400-$90,000), we should expect a fall with high momentum (it is unlikely that another Bear Trap will be created).
⚠️Note: If Bitcoin goes below the Potential Reversal Zone(PRZ) , there is a high possibility that Bitcoin will break the Heavy Support zone($93,400-$90,000).
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin's Midweek Liquidity Play Detailed Analysis Bitcoin's Price Analysis Based on Current Market Conditions
1. Bullish Price Action from CPI Triggers
Recent Consumer Price Index (CPI) data has provided a significant bullish trigger, aligning with the market's expectation of reduced inflationary pressures. This macroeconomic indicator is a key driver, as it reassures investors about the Federal Reserve's potential to maintain or reduce interest rate hikes. Bitcoin's price has reacted positively, with a clear bullish breakout, showing strength in its upward trajectory. The CPI induced move is critical as it reflects institutional confidence and a shift in liquidity toward risk-on assets like Bitcoin.
2. Midweek Reversal Dynamics
Retailer FOMO at Play
Historically, Wednesday and Thursday are pivotal days for Bitcoin's price action, often characterized by reversals. This behavior is driven by a mix of institutional repositioning and retail traders' emotional responses. Currently, retail traders appear to be in a state of FOMO (Fear of Missing Out), entering positions aggressively as Bitcoin pumps. This scenario creates a ripe environment for market makers to exploit, as over leveraged long positions begin to dominate. A liquidity sweep targeting stop loss clusters below current support levels is highly probable.
3. Stop-Loss Sweep and Liquidity Dynamics
The chart indicates that a significant number of stop-loss orders are concentrated around the $98,600 level, just below recent support. This aligns with a 4-hour imbalance zone, which remains untested. Market makers are likely to drive the price down to this level to fill pending orders and collect liquidity. Such a move would shake out weak hands before the price regains upward momentum.
Following the liquidity sweep, a strong pump is expected toward the $102,400 zone, a key area of interest where previous imbalances and institutional orders are likely stacked. This zone serves as a springboard for the next leg of the rally.
4. Projection to Key Levels: $108,362 and Beyond
Once liquidity at $98,600 is absorbed and the $102,400 zone is reclaimed, Bitcoin is poised to target the next major resistance at $108,362. This level aligns with a confluence of technical factors, including previous highs and Fibonacci extensions. Breaking this resistance would open the path to the $110,000 psychological level, further validating the bullish macro trend.
Bitcoin's price action is entering a critical phase influenced by macroeconomic triggers, market structure, and liquidity dynamics. Traders should remain cautious of midweek reversals and liquidity sweeps, while positioning for potential upside targeting $108,362 and beyond. Proper risk management is essential, given the market's high volatility and the potential for unexpected deviations.
How will #BTC develop next?📊How will #BTC develop next?
🧠From a structural point of view, the target area of the rebound has been achieved, so it is very reasonable to conduct a complex sideways consolidation here. At present, we need to remain patient and wait for a suitable pullback to participate in a new long trade, or patiently wait for a pullback opportunity after breaking through the resistance zone.
➡️Yesterday we tried a short trade when we first reached the overlapping resistance zone. After completing TP1, it could not fall further. It will be difficult to trade against the trend. If no specific signals appear, it is better to patiently look for opportunities to go long.
Let's see👀
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#BTC rebound has been achieved📊#BTC rebound has been achieved✔️
🧠From a structural perspective, we reached the overlapping support zone and started the rebound, and tested the support near $90,000, which worked well. The rebound occurred as expected. If you have participated in long trades based on this idea, you have already made quite a good profit. You can reduce your holdings and expect more.
➡️Since we tested the support near $90,000 and quickly recovered and are within the weekly support zone, we should continue to maintain a bullish view next. If there is a suitable pullback, it will be a good opportunity for us to re-enter the long trade.
Let's see👀
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Important support and resistance zone: 93576.0-94742.35
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(BTCUSDT 1D chart)
The key is whether it can receive support near the important support and resistance zone of 93576.0-94742.35 and rise above 97461.86.
A short-term uptrend is expected to be possible only if it rises above 97461.86.
The support and resistance zones are marked with circles.
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(30m chart)
The point to watch is which direction it deviates from the 92792.05-97461.86 section and maintains.
If it meets the HA-Low indicator and rises, it is highly likely that it will re-determine the trend when it meets the HA-High indicator.
This is the same as the BW(0) and BW(100) indicators.
If the 5EMA of the 1D chart > M-Signal of the 1D chart changes, it is highly likely that it will show a short-term uptrend.
In order to continue the short-term uptrend, it must show support near 97461.86.
If not, the 97461.86 area will act as resistance.
Since the StochRSI indicator has touched the 100 point, we need to see if it can rise above 94742.35 and receive support.
Since the 5EMA and BW(100) indicators of the 1D chart are passing near 94742.35, it confirms that the area around 94742.35 is an important support and resistance area.
The 94742.35 point is the HA-High indicator point of the 1W chart.
If it goes down, it is important to see if it can be supported by the HA-Low indicator, BW(0) indicator, and 93576.0.
The 93576.0 point is the BW(100) indicator point of the 1M chart.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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#BTC is about to test $90,000 support📊#BTC is about to test $90,000 support ⚠️
🧠From a structural point of view, we have built a short structure near the blue support area. The target area of this structure overlaps with the 12h level support area, so this will be regarded as the heaviest support area, and the probability of rebounding from here is higher.
Let's see👀
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BITGET:BTCUSDT.P
BTC 1H Setup This setup expects the price to move according to my previous 4H analysis, and we are rising up on the right shoulder of a bearish H+S on the way to ~98k.
Pink lines define the buy zone uptrend. There should be final accumulation/consolidation around 95.2 as the next bullish move after that is going to be trying to punch thru 96k into the bear accumulation territory.
Watch carefully to ensure theres no funny business when 96K comes around and also if price action is congruent to the rising wedge implied in the chart drawings(until $95200). Buy between the pink lines and anticipate closing at any of the fib levels above 97k. So far my entries within the buy zone did alright with 30x leverage with tight stops well inside the zone.
BTC be Like - If you're bad, Im your DAD. 105K?YEah many peoples father as they give everything to them and to get liquidated.!!
before you speak anything, Look at these previous things i marked JeEEZZ.
THIS - /
THIS -
THIS -
and what can happen new -
Now the point is, 101% chances to reach 101K and is inevitable, the point is when? Ideally 92.8K is a best point to buy, where the monthly open has happened, It needs to follow the pattern and fall to make a next move. what you can anticipate is market moving on 20th for trump. Ideally ive seen market rally 6.2K points on this, Would not be agape to see reaching 105K straight. but just lets not follow this what i said rn, The green line is a PoC where most buyers and sellers are 👊👊 so a drawdown to nearest fvg is needed for any other further move. breaking 96,266 (orange line with one boom with vol) is when you can join the rallly. Ideally would 35% CMP from COST and then end by putting lt stops at 92.8k for more buys. The orange line is like a DAD over protective 😒
BTC Consolidates Near Support Amid Bearish SignalsBitcoin is currently trading near a crucial horizontal support zone, as marked on the chart. The price recently pulled back from its highs, forming a bearish divergence on the RSI, which suggests weakening momentum. However, the key support level around $90,700–$92,500 is holding firm for now, providing potential for a bounce.
If BTC manages to sustain above this support zone, we could see a recovery attempt. However, a breakdown below this critical level might trigger further downside, with the next possible target around $85,000. Traders should closely monitor the RSI and volume for confirmation of either a bounce or a break below the marked support.
Bitcoin is Ready to Pump Again==>>Short-term!!!As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) fell to the Heavy Support zone($93,400-$90,000) .
Bitcoin is moving in a Heavy Support zone($93,400-$90,000) near the Support line .
According to the theory of Elliott waves , it seems that Bitcoin has completed the first 5 downward waves , and we can wait for upward corrective waves . Bitcoin has completed two corrective waves in the 15-minute time frame , and we can wait for the next corrective wave .
From the point of view of Classical Technical Analysis , it seems that Bitcoin has formed a Falling Wedge Pattern in the 15-minute time frame , and if Bitcoin breaks the upper line of this pattern, we can confirm this pattern.
I expect Bitcoin to rise to at least $95,170 AFTER breaking the Upper line of the Falling Wedge Pattern .
⚠️Note: If Bitcoin breaks the support line, we can wait for the Heavy Support zone($93,400-$90,000) to break.⚠️.
⚠️Note: In general, if you open a Long position, you can keep it up to the Resistance zone($96,680-$95,520) or Risk-Free your position.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#BTC short structure established📊#BTC short structure established✔️
🧠From the 4h level, we fell below the turning point 91512, so a short structure was constructed, and the expectation of further decline was established. But we are currently in the weekly support area, don't be too bearish, the scenario I most hope to see is to fall below LL: 90759, and then start to rebound and then enter a deep adjustment phase.
➡️The long orders involved yesterday have been closed with profits. Without the reversal structure as support, we can't be too greedy.
➡️Whether it meets expectations, we need to see step by step👀
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BITGET:BTCUSDT.P
#BTC reaches support zone📊#BTC reaches support zone✔️
🧠From a structural perspective, this decline occurred quickly and without a short structure as support, so we need to be alert to a rapid rebound after entering the yellow support zone.
⚠️In the support zone, we need to look for stabilization signals to participate in long trades rather than short trades. The bullish view remains unchanged until the yellow turning point 91512 is broken.
Let's see👀
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BITGET:BTCUSDT.P
Where is the #BTC support zone? 📊Where is the #BTC support zone❓
🧠From a structural perspective, the goal of the bullish structure has been achieved, so a pullback is very reasonable. Yesterday we broke through the integer resistance level of $100,000 directly, so this resistance level will turn into support, and we need to observe the support reaction here.
Let's see👀
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BITGET:BTCUSDT.P
#BTC reaches the target zone📊#BTC reaches the target zone✔️
🧠From a structural perspective, it is very reasonable for the long structure to continue the long trend, so we are also constantly looking for opportunities to go long, but unfortunately, we were deceived by the market's decline yesterday and lost our long orders, ending with a small loss. Today, it is about $437 away from our first entry point.
➡️After reaching the target zone, you need to be wary of the risk of a pullback, so please do not chase the rise in the target zone. Even if you want to participate in a new long trade, you need to reduce the cost of participation. It is best to wait for a pullback before looking for new opportunities.
Let's see👀
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BITGET:BTCUSDT.P
BITCOIN LONG TRADE SETUPA clear long trade entry was identified at $98,089 using the Risological Swing Trading Indicator .
The setup is already progressing positively, targeting levels:
TP1: $102,183.9
TP2: $108,809.5
TP3: $115,435.1
TP4: $119,529.7
Key Stats:
Current volume: 16.01K
30-day average volume: 96.64K
The trade setup aligns with a strong upward trend, providing excellent potential for hitting all targets efficiently.