At ATH, blast continuation or tap and turn?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
🚀 Tap & Turn… or Blast?
Bitcoin is reacting well to mapped levels, maintaining structure and respecting key zones. Price action continues to print HLs and HH keeping the bulls confident, atm.
💥 Levels Still Respecting
Recent price action has shown solid reactions at prior resistance and support zones. Nothing overly aggressive, but clean enough to keep structure traders engaged.
🐂 Bulls Still in Control (for Now)
Higher lows remain intact, keeping the bullish structure alive. I did take a lower-degree short, but without a clean break of those HLs, there's no reason to call a shift yet. A break of that pattern would be the first real sign of momentum fading.
🚧 Key Watch Zone: 106K–104K
This is where things get more critical. A clean break below that zone could tilt the balance.
Trade safe, trade smart, trade clarity.
BITCOIN trade ideas
BTC Analysis – 1H
1️⃣ Market Structure
Bitcoin remains extremely bullish. After a clean accumulation phase above the bearish OTE zone, price didn’t even bother sweeping liquidity to the downside.
➡️ No south-side manipulation, clear sign of institutional strength
2️⃣ Key Zone in Play
BTC is now directly challenging the 109K resistance zone, which stands right before the ATH.
Buying pressure is clear, with constant upside movement and no significant retracement.
3️⃣ Behavioral Reading
Price is absorbing every dip with higher lows.
Despite small RSI divergences, momentum remains strong, buyers are in control.
4️⃣ Probable Scenario
🟩 Break above 109K ➜ ATH incoming
🚀 If confirmed ➜ Fast extension toward 115K–120K
🧠 Conclusion
BTC looks loaded. This is one of the cleanest bullish phases since March.
No fakeouts, no liquidity sweeps, just steady pressure gearing up for a major breakout.
🎯 Short-term target : ATH
🎯 Mid-term target : 115K–120K
BTCUSD Market Update & Forecast ( 21st May 2025 )# 📉 **BTCUSD Market Update & Forecast ( 21st May 2025 )**
**Date:** May 21, 2025
**Analyst:** NextElliott
**Instrument:** BTCUSD
**Current Price:** \$106,376
**Strategy Type:** Elliott Wave, Gann Confluence, Probabilistic Reversal
**Trade Horizon:** 2–7 Days
**Timeframes Observed:** 4H / Daily
---
## 🔍 **Market Context & Price Behavior**
BTCUSD has successfully reached my **upper resistance target zone of \$106,200–\$108,400**, topping out near \$106,400. This zone was previously identified as a **potential exhaustion area**—a Fibonacci cluster and Gann resistance confluence, marking the final stage of a **Wave (3) advance**.
Price is now reacting to this resistance, and early signs of distribution or momentum loss are appearing in the 4H structure. This suggests a high-probability setup for a **corrective pullback** before any potential continuation of the larger trend.
---
## 📐 **Technical Breakdown**
### 🔻 Resistance Confluence Zone (Hit)
* **\$106,200–\$108,400**
* 1.618 extension from prior impulse
* Gann 120°–135° resistance arcs
* Measured wave projection from \$94,500 low
### 🔻 Immediate Support Zones (Pullback Targets)
* **TP1:** \$97,870 – High-volume node + sub-wave 4 base
* **TP2:** \$96,850 – Structure base and Gann 45° angle
* **TP3:** \$95,700 – Final fib/gap support
### 🔄 Elliott Wave Interpretation
* Current price action likely marks the top of **sub-wave 5 of Wave (3)**.
* A corrective **Wave (4)** is anticipated next, typically retracing to the prior Wave 4 of lesser degree:
* **Target range:** \$99,000 → \$97,870 → \$96,850
* Once this retracement completes, a final **Wave (5)** toward new highs may initiate—**provided** structural support holds above \$95,700.
---
## 🧭 **Gann Angle Analysis**
* The recent high aligns with the 120° arc from the March low—commonly a **cycle reversal marker**.
* Gann support lies near:
* **\$97,870** → 45° harmonic
* **\$96,850–\$95,700** → 60°–75° cluster
Timewise, BTC is exiting the minor **May 10–11 Gann window**, entering a possible correction window lasting until **May 24–26**.
---
## 🎯 **Trade Scenario Outlook**
### 🔴 **Bearish Retracement Scenario (Active)**
* **Trigger:** Reaction failure below \$106,200 confirms reversal
* **Targets:**
* TP1: **\$97,870**
* TP2: **\$96,850**
* TP3: **\$95,700**
* **Invalidation:** 4H close above \$108,400
### 🛠️ Risk Management
* Consider short entries on breakdowns below \$104,800 (support break)
* Use stop-losses above \$107,000 (recent high)
* Take partial profits near each retracement target
* Monitor RSI/Volume divergence for early reversal signs near \$97,870
---
## 🧠 **Strategic Commentary**
BTCUSD has met all pre-defined bullish objectives, aligning with the end of a 5-wave advance. The next **logical market move** is a correction to refresh bullish momentum and reset trader positioning. Expect volatility and potential range-based behavior before the next impulsive rally.
This zone offers **ideal conditions for tactical shorts or long re-entries** upon support confirmation.
---
## 📌 **Conclusion**
BTCUSD has tagged its upper resistance zone and now shows signs of topping within a mature wave structure. The anticipated pullback toward **\$97,870** is part of a healthy macro trend and should be monitored for possible long-term re-entry opportunities.
Traders should shift focus to downside targets, apply disciplined risk management, and stay adaptive to emerging price signals.
BTCUSD Technical Analysis.The chart you provided is a 1-hour candlestick chart of Bitcoin (BTC) against the U.S. Dollar (USD) on the BITSTAMP exchange, with technical analysis annotations suggesting a short trade setup. Here’s a breakdown:
Key Elements in the Chart:
Price: Currently around $106,171, showing a decline of 0.64%.
Pattern: A rising wedge or ascending triangle is broken downward, indicating a bearish move.
Entry Zone: Around the current level (~106,171).
Stop-Loss (SL): Set near 107,804, above the recent swing high.
Target: Marked near 105,018, which aligns with previous support levels.
Risk/Reward Box: Shows favorable risk-reward ratio with a green zone (reward) larger than the red zone (risk).
Projected Move: Price is expected to make lower highs and drop to the target area.
Summary:
The chart suggests a bearish outlook with a short entry around the current price, targeting 105,018, and a stop loss at 107,804. The analysis appears to be based on a breakdown from a rising wedge pattern, a common bearish reversal indicator.
Would you like help analyzing if this setup aligns with current fundamentals or sentiment?
BTC perfect wick to wick symmetrical triangle - 109K or 98K You are looking at a 100% perfect wick to wick symmetrical triangle
Widest vertical range of the triangle from
Top wick: ~$105,700
Bottom wick: ~$100,700
Height = $5,000
Breakout level (horizontal mid-point of triangle):
Roughly $103,500 -104,000
Bullish Breakout Target:
$103,500 + $5,000 = $108,500
$104,00 + $5,000 = $109.000
108.5 to 109K will be your pure pattern target if BTC breaks to the upside with volume.
Bearish Breakdown Target: GETTEX:98K
FOR FUN I ASK CHAT GPT WHAT ARE THE ODDS WE BREAKOUT
Break Direction Target Confidence
Up (likely) $109,000 60–70%
Down (less likely) $98,000 10–15%
BITCOIN Free Signal! Sell!
Hello,Traders!
BITCOIN keep growing in a
Strong uptrend but the price
Will soon hit an an all-time-high
Price around 109,400$ which
Is also a resistance from where
We can go short with the
Take Profit of 103,900$
And the Stop Loss of 109,739$
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTCUSD Rejection at Resistance – Double Top + Rising Wedge BreakBTC just bonked its head THREE TIMES at resistance like it’s trying to phase through a wall in a video game.
Every time it pumps, it gets yeeted back down harder than my hopes during bull traps. 😂
We got:
Triple rejections (red arrows = bonk bonk bonk)
Support hugs at $104k (but that line’s getting real tired)
Rising wedge? More like a launchpad for bears.
Yellow squiggle = my emotional support trajectory 📉
📉 If BTC breaks $104k — it's GG to $102k or even $100k.
📈 If it somehow moons past $105.8k, I’ll eat my shorts (stop loss hits and I cry in leverage).
🧠 Plan:
SHORT this sleepy bear rally
Entry: $104.5k–$104.9k
TP1: $104k (EZ clap)
TP2: $102.2k
TP3: $100k (degen dreams)
SL: $105.9k (risk it for the biscuit, but don’t be dumb)
This ain't advice. Just vibes and charts. DYOR or get rekt. 🫡
BITCOIN 4Hrs LAST DROPBitcoin enter its last 4hrs tf Cycle drop so whatever it drops during the next 18 to 30 4hrs candles (if not sooner) that will be it and it should start moving higher with first target around the 108k. Buckle up ladies and gentlemen and grab plenty of popcorns cause train will leave the station soon on its journey to the 118k.
GOLD is showing the $300k way to BITCOINBitcoin / BTCUSD is currently on a strong rebound on its 1week MA50.
It's 1week chart looks identical to Gold's 1month chart. Both are Cup and Handle patterns and Bitcoin lags behind.
Gold has already made its final parabolic rally and nearly touched its 2.0 Fibonacci extension.
This shows that BTC's potential is extremely big, eyeing (if symmetry plays out to the end) $300000.
Follow us, like the idea and leave a comment below!!
Bitcoin Stalls, But Chart Watchers Eye $300,000 Peak: Here's Whe
Bitcoin, the world's leading cryptocurrency, has experienced a period of consolidation, leaving investors and analysts alike pondering its next move. While the price has stalled below the $105,000 mark, a confluence of factors, including popular predictive models and bullish sentiment from prominent crypto analysts, suggests that a significant surge could be on the horizon. The potential for Bitcoin to reach new all-time highs, possibly soaring to between $275,000 and $300,000 by October of this year, is fueling excitement and speculation within the crypto community.
This article delves into the factors driving the bullish outlook for Bitcoin, examining the predictive models, analyst forecasts, and underlying fundamentals that support the possibility of a substantial price increase. We will explore the potential catalysts that could propel Bitcoin to new heights and analyze the technical indicators that chart watchers are monitoring closely.
Predictive Models Point to a Massive Surge
One of the primary drivers of the bullish sentiment surrounding Bitcoin is the existence of popular predictive models that suggest a massive price surge in the coming months. These models, often based on historical data, supply and demand dynamics, and other relevant factors, attempt to forecast the future price of Bitcoin with varying degrees of accuracy.
One such model, which has gained considerable attention in the crypto community, points to a potential surge to between $275,000 and $300,000 by October of this year. While the specifics of this model are not explicitly detailed in the prompt, it is likely based on factors such as Bitcoin's scarcity, its increasing adoption as a store of value, and the potential for institutional investment to drive demand.
It is important to note that predictive models are not foolproof and should not be taken as definitive guarantees of future price movements. However, they can provide valuable insights into potential scenarios and help investors make informed decisions.
Analyst Forecasts: $159,000 This Cycle
In addition to predictive models, bullish forecasts from prominent crypto analysts are also contributing to the optimistic outlook for Bitcoin. One analyst, in particular, has predicted that Bitcoin's price could reach $159,000 this cycle.
While the specific methodology used by this analyst is not detailed in the prompt, it is likely based on a combination of technical analysis, fundamental analysis, and market sentiment. Technical analysis involves studying price charts and other technical indicators to identify potential trends and patterns. Fundamental analysis involves evaluating the underlying value of Bitcoin based on factors such as its adoption rate, network security, and regulatory environment. Market sentiment involves gauging the overall mood and expectations of investors in the crypto market.
The analyst's forecast of $159,000 this cycle suggests a belief that Bitcoin is currently undervalued and that its price will eventually catch up to its intrinsic value.
Bitcoin IS The Opt Out
The phrase "Bitcoin IS The Opt Out" encapsulates a growing sentiment within the crypto community that Bitcoin represents a viable alternative to traditional financial systems. This sentiment is based on the belief that Bitcoin offers several advantages over traditional currencies and financial institutions:
• Decentralization: Bitcoin is not controlled by any single entity, such as a government or central bank. This decentralization makes it resistant to censorship and manipulation.
• Scarcity: Bitcoin has a limited supply of 21 million coins, which makes it a scarce asset. This scarcity is expected to drive its price higher over time as demand increases.
• Transparency: All Bitcoin transactions are recorded on a public ledger called the blockchain. This transparency makes it difficult to engage in illicit activities using Bitcoin.
• Security: The Bitcoin network is secured by cryptography, making it difficult to hack or tamper with.
The belief that Bitcoin offers a viable "opt out" from traditional financial systems is driving increased adoption and investment in the cryptocurrency.
BTC Price to $116K Next? 'Early Week' All-Time High
The prospect of Bitcoin reaching $116,000 in the near future, potentially even achieving an all-time high early in the week, is further fueling bullish sentiment. This forecast, attributed to a Bitcoin trader, suggests that the cryptocurrency is poised to break out of its current consolidation phase and enter a new period of price discovery.
The trader's forecast is likely based on technical analysis, identifying potential breakout patterns and momentum indicators that suggest an imminent surge in price. The expectation of an "early week" all-time high suggests a belief that the market is primed for a rapid and decisive move to the upside.
Leaving the Tight Range Behind
The statement that "Bitcoin is in line to leave its tight range behind in the coming days" suggests that the period of consolidation is nearing its end. A tight trading range typically indicates a period of indecision in the market, where buyers and sellers are evenly matched. However, such periods often precede significant price movements, as pent-up energy is released in one direction or another.
The expectation that Bitcoin will leave its tight range behind suggests a belief that the balance of power is shifting in favor of buyers, setting the stage for a potential breakout to the upside.
Retaking All-Time Highs and Pushing into Price Discovery
The ultimate goal for Bitcoin bulls is to see the cryptocurrency retake its all-time highs and push into price discovery. Price discovery refers to the process of establishing a new price level for an asset when it breaks out of its previous range.
When Bitcoin reaches a new all-time high, it enters a period of price discovery, where there are no historical resistance levels to impede its upward movement. This can lead to rapid and substantial price increases, as buyers are willing to pay higher and higher prices to acquire the asset.
Potential Catalysts for a Bitcoin Surge
Several potential catalysts could propel Bitcoin to new all-time highs and trigger a period of price discovery:
• Increased Institutional Investment: As more and more institutional investors, such as hedge funds, pension funds, and corporations, allocate capital to Bitcoin, demand for the cryptocurrency is likely to increase, driving its price higher.
• Regulatory Clarity: Greater regulatory clarity surrounding Bitcoin and other cryptocurrencies could remove a major source of uncertainty and encourage more investors to enter the market.
• Mainstream Adoption: As Bitcoin becomes more widely accepted as a form of payment and a store of value, its adoption rate is likely to increase, driving demand and price appreciation.
• Macroeconomic Factors: Macroeconomic factors, such as inflation, currency devaluation, and geopolitical instability, could drive investors to seek refuge in Bitcoin as a safe haven asset.
Technical Indicators to Watch
Chart watchers are closely monitoring several technical indicators to gauge the potential for a Bitcoin surge:
• Breakout Patterns: Identifying potential breakout patterns, such as ascending triangles, cup and handle formations, and flag patterns, can provide clues about when Bitcoin is likely to break out of its current range.
• Volume: Monitoring trading volume can help to confirm the validity of a breakout. A breakout accompanied by high volume is generally considered more reliable than a breakout accompanied by low volume.
• Momentum Indicators: Momentum indicators, such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), can help to gauge the strength of a trend and identify potential overbought or oversold conditions.
• Support and Resistance Levels: Identifying key support and resistance levels can help to anticipate potential price movements and set appropriate entry and exit points.
Conclusion: Awaiting the Next Chapter in Bitcoin's Story
Bitcoin's recent period of consolidation has left investors and analysts eager to see what the future holds. While the price has stalled below $105,000, a confluence of factors, including predictive models, analyst forecasts, and bullish market sentiment, suggests that a significant surge could be on the horizon.
The potential for Bitcoin to reach new all-time highs, possibly soaring to between $275,000 and $300,000 by October of this year, is fueling excitement and speculation within the crypto community. Whether Bitcoin achieves these lofty targets remains to be seen, but the stage is set for what could be another exciting chapter in the cryptocurrency's story. As always, investors should conduct their own research, assess their risk tolerance, and make informed decisions before investing in Bitcoin or any other cryptocurrency. The journey ahead promises to be volatile, but the potential rewards could be substantial for those who are willing to navigate the risks.
BTC Preparing for A Move Towards $110k Are You Ready?Bitcoin Market Update: BTC Preparing for a Move Towards 109,200 and 110,000 Levels
Bitcoin (BTC) appears to be gearing up for a potential upward move targeting the 109,200 to 110,000 price range. Over the past several days, Bitcoin has been consolidating within a tight range, indicating accumulation and market indecision. However, the latest price action has shown a strong bullish breakout, confirmed by a solid bullish candle, followed by a healthy retest of the breakout zone.
This retest suggests that Bitcoin may now be preparing for its next leg upward. The current price area presents a possible buying opportunity, especially as we approach the key black-marked zones on the chart. These levels are significant because they hold pending liquidity from previous days’ highs and also correspond to notable swing highs—areas where the market previously reversed.
Traders should remain alert and not miss this potential opportunity. It's crucial to monitor the market closely for any structural shifts or additional confirmation signals, such as bullish patterns, increased volume, or momentum indicators aligning with the upward trend.
As always, conduct your own research (DYOR) before making any trading decisions. Market conditions can change rapidly, and informed decisions backed by solid analysis are essential for successful trading.
New ATH on Bitcoin ? In this idea I marked the important levels for this week and considered a few scenarios of price performance
Write a comment with your coins & hit the like button and I will make an analysis for you
The author's opinion may differ from yours,
Consider your risks.
Wish you successful trades ! mura
BTC - bearish div. much??4H timeframe
All the short liquidity has been absorbed from the last 6 months at the current price range. Next zone up would be 113K - 118K range.
In the interim the chart is indicating that a correction could be the next move for Bitcoin. Signs:
- Overbought on daily TF
- Liquidity absorbed
- significant divergence on the 4H
- starting to break the uptrend
98K would be the next price level down as previous resistance could flip into support.
0.5 fib @ 89K which would achieve a liquidity grab and fill a fair-value-gap.
BTCUSD -Bullish - Decision Zones📈 BTC/USD – Intraday: Bullish Bias Confirmed
🟢 Current Zone: 102,612 – 103,092
📍 Consolidation below key technical resistance
📌 Target: 105k+
🔍 Technical Analysis
Price is consolidating above the critical 102.6k zone, confirming a bullish intraday bias.
📈 A clean breakout above this level could trigger a strong move toward the 105k area.
🧠 Key Levels to Watch
✅ Technical Zone (Support/Resistance): 102.6k – 103.1k
📌 Psychological Level at 100k: strong fundamental support
🛡️ Technical Support Zone: 92.5k – 93.7k
📊 Trading Plan:
⏳ Waiting for a clear breakout above 103.1k
🟩 Bullish scenario remains valid as long as 100k holds
❌ Invalidation if price breaks below 99k with volume
🔔 Stay alert for upcoming macroeconomic catalysts.
🎯 Opportunity in progress. Strategy active.