USDT.D Analysis (3D)With buying pressure and a twin tower pattern at the bottom, the downtrend line might experience a fakeout, creating a bull trap, leading to a strong rejection from the red zone downward.
We expect a rejection from the red zone to the downside.
Bitcoin's bottom seems to be around 74K to 68K.
Let’s see what happens.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Pivot Points
EURNZD -Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 1.82059, resumption of uptrend is expected.
We make sure when the resistance at 1.85400 breaks.
If the support at 1.82059 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The ascending flag taking shape suggests we will soon see another leg higher.
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 1.85400 on 12/27/2024, so more losses minimum to Major Support (1.82059) is expected.
Relative strength index (RSI) is 43.
Supports and Resistances:
1.87650
1.85400
1.82059
1.78251
1.76500
1.74929
1.73804
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EURNZD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
1.84895 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
A trough is formed in daily chart at 1.81705 on 02/21/2025, so more gains to resistance(s) 1.89340, 1.90550, 1.91400 and more heights is expected.
Supports and Resistances:
1.95650
1.90550
1.87650
1.85400
1.81700
1.78251
1.76500
__________________________________________________________________
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. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)
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Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Bitcoin - Bitcoin’s fate in Trump’s hands?!Bitcoin is trading below the EMA50 and EMA200 on the four-hour timeframe and is trading in its descending channel. Bitcoin’s continued downward trend and its inclusion in the zone may buy it again for us.
A Bitcoin correction will also be offered to test the selling from the zone. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and one should have capital management in the cryptocurrency market, than we can ask for more. If the downward trend continues, I can buy now.
During Trump’s presidency, the United States is aiming to become the “global capital of cryptocurrencies.” A key component of this strategy is establishing a national digital asset reserve, where Bitcoin will play a central role as a “digital Fort Knox.” Currently, the U.S. holds approximately 200,000 Bitcoins, making it one of the largest Bitcoin holders globally. Other digital assets, apart from Bitcoin, will be stored separately.
In contrast, during Biden’s administration, a significant portion of government-held Bitcoin was sold, slowing the growth of the cryptocurrency sector and restricting banks from engaging in digital asset transactions. These policies resulted in a decline in crypto development within the U.S.
Now, the Trump administration is reviewing all digital assets under U.S. ownership and evaluating the possibility of acquiring more Bitcoin. Additionally, the administration aims to end “Operation Choke Point 2.0,” which had pushed banks away from crypto, and accelerate the passage of stablecoin legislation by the end of the August recess. Trump has also declared that the U.S. will never sell its Bitcoin holdings, keeping them as a long-term reserve asset.
Following Trump’s remarks about creating a national digital currency reserve, Bitcoin initially surged but later fell below its pre-announcement level. Currently, Bitcoin’s price has dropped below $83,000, with other major cryptocurrencies experiencing similar declines.
Last week, U.S. President Donald Trump announced via Twitter that his administration was establishing a strategic reserve of digital assets, including Bitcoin, Ethereum, Solana, Ripple, and Cardano. While this initially drove prices higher, it was later clarified that the plan only involved holding confiscated digital assets rather than making direct crypto purchases.
On Friday, Trump signed an executive order formalizing the initiative, but markets reacted negatively. Bitcoin fell by $3,000, reaching its lowest level in weeks. The order does leave open the possibility of government Bitcoin purchases in the future, though such a move would likely require congressional approval.
As a result, most cryptocurrencies that had gained value due to the announcement have since lost those gains. Assets such as Cardano, Solana, Ripple, and Ethereum have all returned to their pre-announcement price levels. This event once again underscored that governments often act more as liquidity exit points rather than driving new capital inflows into the market.
Meanwhile, Michael Saylor, founder of Strategy, has proposed that the U.S. government should acquire 25% of the total Bitcoin supply by 2035 to establish a strategic Bitcoin reserve. His suggestion is for the government to systematically purchase between 5% and 25% of Bitcoin’s supply through daily acquisitions from 2025 to 2035, by which time 99% of all Bitcoin will have been mined.
Saylor presented this idea at the White House Crypto Summit, urging President Trump and top crypto leaders to adopt a “never sell your Bitcoin” policy. He predicts that such a reserve could be worth between $16 trillion and $81 trillion by 2045, potentially helping to reduce the national debt.
PNUT Sell/Short Setup (2H)A large liquidity pool has formed below the price.
We have not yet seen a bearish CH on the chart, but in the supply zone, considering the invalidation level as a stop, we can enter a sell/short position.
If the invalidation level is touched, it will invalidate this setup.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
XAUUSD DownGold price extends its sideways consolidative price move during the Asian session on Monday. Worries about Trump‘s trade policies and Fed rate cut bets continue to support the commodity. The USD languishes near a multi-month low and further acts as a tailwind for the XAU/USD pair.
Buy Gold
$2891 -> $2895
SL $2885
TP 1->$2900 >2->$2910 >3->$2920
Sell Gold
$2930 -> $2933
SL $2935
TP 1->$2920 >2->$2910 >3->$2900
Two key scenarios for BTC - Q2 mostly sideays/down!Two scenarios at this point:
We have a new range, but it could break quickly since there’s an active downtrend expiring on the 20th.
That means I can’t blindly bid into the low $80Ks like before—it’s getting trickier, and we’ll need to rely on proper triggers.
If it breaks down and continues lower, I’d like to see the GETTEX:59K -$62K zone get tested.
The **uptrend remains intact**, and I think we can all agree that **Bitcoin could be higher later this year**. I don’t see it going above **$200K**, but at the very least, I expect it to challenge its current **ATHs**.
For now, I’m just focusing on **key levels** and patiently waiting for **triggers—if any**.
There are plenty of ways to play this:
- Another **mid-level retest** and **reclaim** → I'll go **long**.
- If it **bounces**, I’ll look to **short** into the **low $90Ks**.
- If **nothing happens** and it starts **breaking down**, then **$75K** is a key zone, and **$71K** becomes pivotal for both **longs and shorts**.
Just **keep your levels clear** and **wait** until they are breached.