Get started
BitcoinBitcoinBitcoin

Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals Markets

BITCOIN trade ideas

$BTC Historic Daily Close Above ATH - Pullback Warning*HISTORIC Daily Close for ₿itcoin marking a new ATH 🥇 Some hefty volume poured in as the Golden Cross nears. If CRYPTOCAP:BTC breaks down from this impulsive trend we should see a pullback to the .786 Fib ~$102k to confirm this new ATH. Bulls need the Weekly Close above $109k to prevent that. Nonetheless, this confirms the start of the parabola I’ve mentioned over the past month in my analysis 💯 Next big target is the 1.618 Fib ~$130k 🤑 Congrats Hodlers 🥳
BITSTAMP:BTCUSD
by jonnieking
A 1.61 Break Usually Means Massive UpsideBTC has a current top on the 1.61. Heading into 1.61 fibs I always tend to lead with a bias of a reversal because if it happens it's massive and if I am wrong I'll usually make a bit of money in a short term reaction off it anyway. If the 1.61 has a reaction and then later sustains a breakout - that's a very different situation. After clean 1.61 breaks is the time to make good money on the long side. The first run into it I consider risky, but if it breaks then it's green light. If BTC is able to hold and sustain the 1.61 break - then I think the next major jump leg goes to $140K. This may be a stall/pullback level but we'd probably then trade through to next resistances. Pure fib levels would have a top forecast around 240K. Given the typical overshoots we tend to have, this would more likely be around 300K. Things get really interesting if the 1.61 break holds.
BITSTAMP:BTCUSDLong
by holeyprofit
8
Bitcoin could be SO close to take off - certainly shows Strength Before we go anywhere with this, we MUST remember that a "TREND LINE " requires a minimum of 3 points of Contact to make it Valid. The more points of contact the better. All of these Trend lines in this chart are therefore Valid. But what needs to be questioned is maybe the PA trend between the lines...... And because of the Scale of this, we are using only 2 past Factual data sets and one expected. So NOT a confirmed Trend But I shall continue anyway as there are a number of things that make this idea a possibility. So, on the chart we have the Upper and Lower day counts. The Lower is number of days between ATH 2013 -> 2017 = 1491 days 2017 -> 2021 = 1431 days 2021 -> 2025 = ...............Expected anytime from October to Dec. This is IF we follow the "pattern" 50 day difference between the 2 sets of Past data The Upper day count uses just ONE data point from the 2013 -> 2017 cycle. It is from the ATH to when PA made the BIG move to begin the climb to ATH. That was around 1277 days after the 2013 ATH and you can see the candle that rose off that line of support was substantial. As many of you know, I am firmly in the belief that this run is mimicking the 2013 -> 2017 run in many ways So, The same day count takes us past the First 2021 ATH, which I have always said was a "False" ATH in that PA was driven High, to early, by leveraged and hopeful gains. However, if you look at the distance from the end of that day count to when the ATH was reached, it is similar to the 2017 ATH So if we Project that same day count onto current PA, THIS MONTH is the month for take off. And again, See the difference between the end of the day count and the projected ATH daye. Similar to previous occasions. This is also reflected on the Fractal, that arrives on the upper trend line in November. One thing that makes me hesitate a little here is the projected ATH Price of Near 700K USD. I am not sure that is going to happen....And so we wait to see what happens. But I will watch this and see where we go I have pointed out in another chart, how Bitcoin PA is under a Very long time Arc of resistance and this could be in play and if so, This chart Will become invalidated. We Wait to see
CRYPTO:BTCUSD
by Orriginal
6
Heading into pullback resistance?Bitcoin (BTC/USD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support which. is also a pullback support. Pivot: 108,391.05 1st Support: 98,383.98 1st Resistance: 119,108.79 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:BTCUSDShort
by ICmarkets
1
BTCUSD – Weekly Analysis Technical Overview Bitcoin has had a strong week, closing above the $105,000 level on the weekly chart — a clearly bullish signal. Below is a breakdown of the most relevant insights across multiple timeframes. Multi-Timeframe Analysis 1W (Weekly): Price has broken out again after bouncing off the SmartTrend indicator support zone. It remains above the visible volume area (VRVP) around $68,000–$72,000, confirming this region as a key support. Currently testing the Fibonacci resistance zone between $96,000 and $109,000. Weekly volume shows increasing buying pressure. 1M (Monthly): A breakout above the historical resistance near $69,000 has been confirmed. The current monthly candle shows a wide body surpassing previous closes, indicating strong bullish intent. Volume remains relevant, although not yet at historical highs. 3M (Quarterly): The macro structure continues to show a strong bullish trend. The current candle has a solid body with an active upper wick, suggesting potential for continuation unless a clear rejection appears. Quarterly volume supports the upward trend. Key Levels Major Support: $68,000 – $72,000 Previous Accumulation Zone: $28,000 – $32,000 Fibonacci Resistance Zone: $96,000 – $109,000 Next Speculative Target: $115,000 – $120,000 (if breakout is confirmed with volume) Disclaimer: This analysis is strictly for informational and educational purposes. It does not constitute financial advice or an investment recommendation. The cryptocurrency market is highly volatile — trade at your own discretion and risk management.
BITSTAMP:BTCUSDLong
by tradingbauhaus
BTCUSD - Poised for New HeightsBitcoin is currently trading at $104,079.50, consolidating near all-time highs after an impressive rally from the April lows around $75,000. The price action has formed what appears to be a bullish flag pattern over the past week, suggesting a period of healthy consolidation before the next leg higher. While a short-term pullback toward the support zone highlighted in blue around $93,000-$94,000 remains possible, the higher probability scenario strongly favors a trend continuation to the upside, potentially targeting the $107,000-$108,000 range as indicated by the green arrow. The overall market structure remains decisively bullish, with Bitcoin maintaining positions above key psychological levels and showing resilience during minor corrections. Traders should view any potential dips as buying opportunities within this established uptrend, given Bitcoin's sustained momentum and the strong support zone that has formed from prior resistance levels. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:BTCUSDLong
by financialflagship
BTC/USDI'm thinking this is the top. "The market can remain irrational longer than you can remain solvent." The problem with calling the top is you're going to be wrong for several months, even if you're extremely conscious about how irrational a market can get... The greater the hatred in the comments, the bigger the shorts. Expecting this to bounce around in this range for a couple days and finish with a new high. Followed by a tremendous wave of reality. We'll use war as the news that justifies it, even though war has been all the news for many months and has affected nothing.
BITFINEX:BTCUSDShort
by ovvnyou
Bitcoin reversal confirmed ?!Bitcoin reversal confirmed ?! 👀 I would like to present you some charts with important levels and relevant patterns. 🖥daily-chart (BITSTAMP) and 💡everything important in the chart 👀 💥Here in the daily chart (BITSTAMP) - a Deep-Crab harmonic with - a WolveWave and the daily-chart of the 🔥Daily MA200 re-test 👀 - gap fill - support-line 2022 and 2024 TOPs 👉 BITCOIN roadmap/outlook (from 27th february 2024) 💡 🎯 If you like this idea, please leave me a 🚀 and follow for updates 🔥⏰ Furthermore, any criticism is welcome as well as any suggestions etc. - You're also very welcome to share this idea. Have a nice evening & successful trading decisions 💪 M_a_d_d_e_n ✌ NOTE: The above information represents my idea and is not an investment/trading recommendation! Without any guarantee & exclusion of liability!
BITSTAMP:BTCUSDLong
by M_a_d_d_e_n
19
Bitcoin - Approaching the all time high!Bitcoin - CRYPTO:BTCUSD - will break out again: (click chart above to see the in depth analysis👆🏻) It has been quite some time since we saw such a strong move on Bitcoin. But finally - not totally unexpected to be honest - Bitcoin is following its destiny and about to create another new all time high. Patience is key and strategy, risk and mindset will help you master the volatility. Levels to watch: $100.000 Keep your long term vision! Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
20
Bitcoin H1 | Pullback support at 23.6% Fibonacci retracementBitcoin (BTC/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 109.174.00 which is a pullback support that aligns with the 23.6% Fibonacci retracement. Stop loss is at 105,800.00 which is a level that lies underneath a multi-swing-low support and the 50.0% Fibonacci retracement. Take profit is at 113,948.50 which is a resistance that aligns with the 100.0% Fibonacci projection. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:BTCUSDLong
by Tradu
Bitcoin - All time highs will come next!Bitcoin - CRYPTO:BTCUSD - prepares a significant move: (click chart above to see the in depth analysis👆🏻) Over the past couple of months, we basically only saw sideways price action on Bitcoin. However, this does not mean, that Bitcoin is now slowing down; actually the opposite is true and Bitcoin is setting up for a major move higher. New all time highs will come very soon. Levels to watch: $100.000 Keep your long term vision! Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
48
BTCUSD: 61.8% Fib + OB = Precision Long PlaySmart money traders love one thing more than anything — confluence. This BTCUSD setup hits all the marks: 📈 Structure Breakdown: Market breaks structure to the upside ✅ Impulsive bullish leg breaks prior high ✅ Pullback into 61.8% golden zone + OB ✅ Rejection wick = perfect entry confirmation ✅ This is a high-probability continuation setup after BTC made a clear bullish BOS (Break of Structure) on the M30 timeframe. 🟦 Order Block Zone: OB Range: Top: ~106,989 Bottom: ~106,759 This OB was the last down candle before the big bullish impulse that broke structure. Price returned to mitigate here, then instantly rejected = Smart Money entry confirmed 🔒 🧮 Fibonacci Levels: 61.8%: Sliced right into it 70.5% – 79%: Deeper liquidity zone just below The entry wick taps right into the sweet OB/Fib confluence zone and launches 🚀. It’s giving sniper precision with a low drawdown entry. 🎯 Trade Parameters: Entry: ~106,759 SL: Below the OB zone TP: 108,022 (previous high) That’s an RRR of around 3.5–4.0x — a clean asymmetric play, just the way smart money wants it. 🔍 Confirmation Factors: Bullish BOS on M30 Price returns to OB zone + golden ratio Clean rejection candle with demand absorption No internal structure break = bullish narrative still valid 🧠 Key Lesson: “When OB meets Fibonacci, don’t ask why. Load up — the market just told you why.” Let setups like this come to you. No chasing, no emotions. Let the algo-driven footprints guide you to the money. 📈 Missed this one? Save it for your playbook — this is how high-probability trades are built. Drop a 💰 if you caught the same move!
CRYPTO:BTCUSDLong
by ChartNinjas88
2
BITCOIN MASSIVE BREAKOUT|LONG| ✅BITCOIN is trading in an Uptrend and the coin finally Made a bullish breakout of The previous ALL-TIME-HIGH Of 109,200$ level which Was a strong resistance Level and the coin is now trading Almost 3% above the previous ATH Which reinforces our bullish bias In a powerful way and after a Potential pullback we are quite Likely to see some further Growth on Bitcoin LONG🚀 ✅Like and subscribe to never miss a new idea!✅ 

 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:BTCUSDLong
by ProSignalsFx
BTCUSD 15M | Order Block Slam + Channel Break | 1:4+ RRR Setup🧠 BTC/USD Breakdown — Smart Money Style | May 17, 2025 This one’s textbook bearish premium reaction — the kind of move that wipes out late buyers and fills institutional orders. Let’s zoom into this juicy setup ⬇️ 🧩 1. Smart Money Context Price climbs inside a rising wedge structure Enters premium zone and taps a defined 🔮 Order Block (OB) OB rejection confirmed with: Liquidity grab Bearish engulfing Channel break 🚨 🎯 2. Trade Details Entry: 103,500 – 103,800 (OB zone) SL: 103,850 TP Zones: TP1: 103,000 (OB base) TP2: 102,500 TP3: 101,420.70 (full breakdown completion + imbalance fill) Risk-to-reward: 1:3 to 1:4.5+ depending on your exit style. 🔍 3. Why This Setup Works Order Block marks institutional selling zone Liquidity sweep triggers false breakout trap Channel break with volume confirms momentum shift Final candle closes with strength — this ain’t no fakeout This is how smart money loads up and leaves retail chasing ghosts 👻 📉 Missed the initial entry? Watch for a pullback to the OB for a possible second chance! 🔥 Final Note: The weekend price action often moves erratic, but this setup shows institutional control — wait for confirmation and let price do the heavy lifting 🧘‍♂️ 💬 Drop your thoughts: bullish retest or straight dump incoming? 📲 Follow @ChartNinjas88 for clean, no-BS smart money analysis every day!
CRYPTO:BTCUSDShort
by ChartNinjas88
BTC Hits New All-Time High: Is a $128K Blow-Off Top Next?Bitcoin's Meteoric Ascent: New All-Time Highs Fuel $128K "Blow-Off Top" Predictions Amidst Unprecedented Adoption The digital gold rush of the 21st century is reaching a fever pitch. Bitcoin (BTC), the pioneering cryptocurrency, has not only shattered previous records but is now tantalizingly close to new, stratospheric all-time highs, with analysts eyeing a potential "blow-off top" as high as $128,000. This electrifying surge, which saw BTC climb to within 1.5% of new peaks as bullish sentiment decisively overcame final resistance, is underpinned by a confluence of factors: soaring institutional and retail adoption, particularly in the United States, booming ETF inflows, growing political and regulatory support, and a shifting macroeconomic landscape that increasingly favors non-traditional assets. As of May 21, 2025, Bitcoin has firmly established itself above the $109,000 mark, a testament to its resilience and burgeoning mainstream acceptance. The recent price action has been nothing short of spectacular. Bitcoin bulls have been relentlessly "grilling sellers," pushing the price to historic milestones. On May 21, 2025, Bitcoin etched a new all-time high (ATH) above $109,000, a landmark achievement that notably placed 100% of BTC holders into profit. This surge saw Bitcoin's market capitalization briefly surpass that of e-commerce giant Amazon, a symbolic victory highlighting its growing financial clout. Specific figures around this period include a climb to a record $109,302, and another peak at a historic $109,500, demonstrating the intense buying pressure and bullish conviction in the market. Analysts are now recalibrating their upside targets, with many calling for $116,000 as the next significant milestone on the path to even loftier valuations. This bullish momentum isn't occurring in a vacuum. It's the culmination of years of development, increasing understanding, and a series of pivotal events that have collectively propelled Bitcoin into the financial limelight. The American Bitcoin Boom: Adoption Surpasses Gold, Institutions Dive In One of the most compelling narratives driving Bitcoin's current rally is its explosive growth in the United States. A staggering 50 million Americans now own Bitcoin, a figure that notably surpasses the 37 million gold holders in the country. This demographic shift signifies a profound change in investment preferences, particularly among younger generations who are increasingly comfortable with digital assets. Bitcoin is no longer a niche interest for tech enthusiasts; it's becoming a recognized component of diversified investment portfolios across a broad swathe of the American population. The institutional embrace within the US is equally, if not more, impactful. US firms now hold an astonishing 94.8% of the Bitcoin reserves held by publicly traded companies globally. This concentration underscores the confidence American corporations have in Bitcoin as a treasury reserve asset, a hedge against inflation, and a potential source of significant returns. Furthermore, the United States is solidifying its position as the global epicenter of the Bitcoin industry, with 40% of all Bitcoin companies headquartered domestically. This robust ecosystem of miners, exchanges, wallet providers, and ancillary service companies fosters innovation and provides a strong foundation for continued growth. The advent and subsequent success of Bitcoin Exchange Traded Funds (ETFs) have been a game-changer. These regulated financial products have opened the floodgates for a new wave of capital, allowing retail and institutional investors to gain exposure to Bitcoin through traditional brokerage accounts without the complexities of direct ownership and custody. The "booming ETF inflows" are a direct contributor to the recent price surge, creating sustained buying pressure and signaling widespread market acceptance. Macroeconomic Tailwinds and Regulatory Optimism Beyond direct adoption, broader economic and political factors are playing a crucial role. The recent new all-time high of $109,000 was notably set just nine days after the US and China closed a 90-day trade agreement. This resolution eased economic uncertainty and market jitters that had previously weighed on global markets. In such an environment, assets perceived as hedges against traditional market volatility or fiat currency devaluation, like Bitcoin and gold, often thrive. Indeed, concurrent with Bitcoin's rise, concerns such as Japan's debt woes have contributed to gold surpassing the $3,300 mark, indicating a broader flight to alternative stores of value. Furthermore, there's growing optimism around US regulations concerning cryptocurrencies. While the regulatory landscape is still evolving, recent pronouncements and actions suggest a move towards greater clarity and a more accommodative stance, rather than outright prohibition. This "growing political support" is crucial for long-term institutional commitment, as regulatory uncertainty has historically been a significant barrier to entry for larger, more conservative investors. The fact that Bitcoin climbed to a record of $109,302, breaching a previous high set around the time of a major political event like a presidential inauguration (specifically referenced as Trump's inauguration on Jan. 20 in a historical context for a previous ATH), often correlates with market sentiment interpreting political or regulatory shifts as favorable. The "Bitcoin Strategic Reserve" (BSR): A Paradigm Shift for National Economies? An intriguing, albeit more speculative, concept gaining traction is the idea of a "Bitcoin Strategic Reserve" (BSR). While not yet a formal policy in any major nation, the discussion itself highlights Bitcoin's evolving perception from a purely speculative asset to one with potential strategic geopolitical and economic importance. A BSR would involve a nation-state, such as the United States, acquiring and holding Bitcoin as part of its national reserves, much like it currently holds gold or foreign currencies. The rationale behind such a move could be multifaceted: 1. Hedging Against Fiat Devaluation: As central banks globally continue to engage in monetary expansion, concerns about the long-term purchasing power of fiat currencies persist. Bitcoin, with its fixed supply, offers a potential hedge against this inflation. 2. Participating in a New Financial System: If Bitcoin continues its trajectory towards becoming a globally recognized store of value or even a medium of exchange for certain international transactions, holding it in reserve would position a nation to participate actively in this emerging financial infrastructure. 3. Technological Leadership: For a country like the US, which already leads in Bitcoin company headquarters and corporate holdings, establishing a BSR could further cement its leadership in the digital asset space, attracting talent and capital. 4. Economic Resilience: In a future where digital currencies play a more significant role, a BSR could offer a degree of economic resilience and autonomy, reducing reliance on traditional financial systems or the currencies of other nations. The implications of a major economic power like the US even seriously considering, let alone implementing, a BSR would be monumental for Bitcoin's legitimacy and price. It would signal ultimate institutional acceptance and could trigger a wave of similar considerations by other nations, creating immense demand for a limited supply of BTC. While the "Bitcoin Strategic Reserve Explained and What BSR Means for the US Economy" remains a topic of forward-looking discussion, its emergence in financial discourse is a testament to how far Bitcoin has come. The Path to $128K: Understanding the "Blow-Off Top" With Bitcoin having decisively broken past $109,000 and upside targets of $116,000 now in common parlance, the ultimate bull-case scenario being discussed is a "blow-off top" potentially reaching $128,000 or even higher. A "blow-off top" is a chart pattern that signifies a steep and rapid price increase in an asset, often on high volume, followed by an equally sharp reversal. It typically occurs at the end of a prolonged bull market or a parabolic advance. The psychology behind it involves: 1. Euphoria and FOMO (Fear Of Missing Out): As prices accelerate, media attention intensifies, and stories of quick riches abound. This draws in a flood of retail investors who don't want to miss out on the gains. 2. Exhaustion of Buyers: The parabolic rise eventually becomes unsustainable. The last wave of enthusiastic buyers enters at or near the peak. 3. Smart Money Distribution: Experienced traders and institutions, who may have accumulated positions much lower, begin to sell into this heightened demand, taking profits. 4. Sharp Reversal: Once buying pressure is exhausted and selling pressure mounts, the price can fall dramatically as latecomers panic-sell and stop-losses are triggered. Predicting the exact peak of a blow-off top is notoriously difficult. However, analysts use a combination of technical analysis (chart patterns, momentum indicators, Fibonacci extensions), on-chain data (network activity, holder behavior), and market sentiment to identify potential price targets and warning signs. The $128,000 figure is likely derived from such analyses, representing a significant psychological level or a projection based on previous market cycle behavior. Navigating the Bull Market: Indicators for Identifying a Cycle Top While the current sentiment is overwhelmingly bullish, savvy Bitcoin traders and investors are always mindful of market cycles and the potential for corrections or trend reversals. The question, "Is Bitcoin price close to a cycle top?" is one that prudent market participants constantly evaluate. Several indicators can help traders gauge whether a market might be overheating: 1. Moving Average Convergence Divergence (MACD): This trend-following momentum indicator can show bearish divergences, where the price makes new highs, but the MACD fails to do so, signaling weakening momentum. 2. Relative Strength Index (RSI): An RSI reading above 70 is generally considered overbought, and readings above 80 or 90 in a strong bull market can signal extreme conditions, though Bitcoin can remain overbought for extended periods. Bearish divergences on the RSI are also key. 3. On-Chain Metrics (e.g., MVRV Z-Score, Puell Multiple, SOPR): o MVRV Z-Score (Market Value to Realized Value): Compares Bitcoin's market cap to its realized cap (the price at which each coin last moved). High Z-scores indicate the market cap is significantly higher than the average cost basis, suggesting the asset is overvalued and potentially near a top. o Puell Multiple: Looks at the supply side of Bitcoin's economy – miners and their revenue. It divides the daily issuance value of bitcoins (in USD) by the 365-day moving average of daily issuance value. High values suggest miner profitability is high compared to historical norms, which has sometimes coincided with market tops. o Spent Output Profit Ratio (SOPR): This indicates if holders are, on average, selling in profit or loss. Values significantly above 1 suggest holders are realizing substantial profits, which can increase sell pressure. A sustained drop below 1 after a peak can signal a shift in trend. 4. Logarithmic Growth Curves: Bitcoin's long-term price action has often respected logarithmic growth channels. When the price reaches the upper band of these channels, it has historically indicated a market top. 5. Funding Rates and Open Interest in Derivatives Markets: Extremely high positive funding rates on perpetual swaps indicate that an overwhelming number of traders are long and paying a premium to maintain those positions. This can signal excessive bullishness and a crowded trade, making the market vulnerable to a long squeeze if prices reverse. High open interest can also exacerbate volatility. While Bitcoin is currently refusing to give up on its quest to revisit $108,000 (a level now surpassed) and beyond, concerns over a trend change, though perhaps quieter amidst the euphoria, are always present in the minds of seasoned investors. These indicators provide a more objective lens through which to assess the sustainability of the current rally. The Road Ahead: Uncharted Territory with Immense Potential As Bitcoin forges new all-time highs, it enters uncharted territory. The confluence of unprecedented US adoption, robust institutional investment via ETFs, a more favorable regulatory outlook, and supportive macroeconomic conditions has created a potent cocktail for price appreciation. The surpassing of Amazon's market cap, even if temporary, and the fact that 100% of BTC holders are in profit, are powerful psychological milestones that can fuel further confidence. The predictions of a $116,000 interim target and a potential $128,000 blow-off top are no longer fringe theories but are being seriously discussed by mainstream analysts. The narrative of Bitcoin as "digital gold" is gaining more traction than ever, especially as traditional safe havens like gold also see increased interest amidst global economic uncertainties like Japan's debt situation. However, the path is unlikely to be linear. Bitcoin's inherent volatility means that sharp corrections can and will occur, even within a broader uptrend. The "concerns over a trend change" will likely grow louder as prices reach more extreme levels, and profit-taking becomes more tempting. Investors should remain vigilant, utilize the available indicators to assess market conditions, and practice sound risk management. In conclusion, May 2025 has marked a historic period for Bitcoin. Its surge above $109,000, driven by a powerful combination of fundamental adoption and favorable market dynamics, has set the stage for potentially even more dramatic price action. Whether the ultimate peak of this cycle is $116,000, $128,000, or another figure entirely, one thing is clear: Bitcoin has firmly cemented its place in the global financial landscape, and its journey is far from over. The coming weeks and months will be closely watched by investors worldwide as the world's preeminent cryptocurrency continues to redefine the boundaries of financial assets. ________________________________________ Disclaimer: This article is for informational purposes only, based on the provided snippets, and should not be considered financial advice. Investing in Bitcoin and other cryptocurrencies is highly speculative and carries a significant risk of loss. Past performance is not indicative of future results. Always conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions.
BITSTAMP:BTCUSDLong
by bryandowningqln
2