BITCOIN trade ideas
110-111KMorning folks,
So, everything goes with the plan and we still consider 110-111K area as the nearest target.
At the same time this area agrees with weekly and daily overbought, so direct upside breakout hardly possible.
Naturally, when the market is already near the target it doesn't show deep retracement. Thus, we suggest that either upward action continues right from flag shape or 101K support. 98K support area looks cool, but it is more for stop placement and invalidation level rather than for expecting of real retracement there.
Bitcoin Nearing Long Term ResistanceAs Bitcoin is closing in on its all-time highs, some commentators have started upping their Bitcoin price targets for the year.
However, Bitcoin's also approaching a long term trendline that has acted as resistance in the past (currently around $113k).
Do you expect Bitcoin to breakdown or blast through this trendline?
CHECK BTCUSD SIGNAL READ CAPTAINbtcusd signal technical analysis satup 👇🏼
(btcusd) Sell zone
( TRADE SATUP)
ENTRY POINT (105500) to (105400) 📊
FIRST TP (1051000)📊
2ND TARGET (104600) 📊
LAST TARGET (104.100) 📊
STOP LOOS (106200)❌
FALLOW RISK MANAGEMENT
Bitcoin Flips $94K Into Support — Bullish Momentum BuildsStructure Strengthens:
Bitcoin's technical structure has improved significantly, with price now holding firmly above the $94,000 level — a former resistance that has flipped into solid support after multiple successful retests.
Bullish Trend Confirmation:
This move reinforces the ongoing bullish trend, driven by a broad bottoming formation from February to April and a clear series of higher lows since March.
Investor Confidence:
The consistent accumulation signals strong buying interest from long-term investors, suggesting that market participants are positioning for further upside.
Outlook & Targets:
As long as Bitcoin maintains levels above $94,000, the bullish outlook remains intact. The next near-term targets lie in the $110,000–$115,000 range.
Bitcoin appears well-positioned for the next leg of its rally. 🚀📈
#Bitcoin #BTC #Crypto #TechnicalAnalysis #BullishTrend #Support #Breakout #MarketUpdate #PriceAction #CryptoMarket
Hellena | BITCOIN (4H): LONG to resistance area of 101,000.Dear colleagues, in the coming week I expect price to continue rising in wave “5”. I think that wave “3” is already completed and now we are witnessing a small correction.
Reaching the resistance area of 101,000 will be the end of the big “ABC” correction.
The 91,601 area could be a good support area to complete the correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BTC/USD – Approaching Major Supply ZoneBitcoin is now tapping into a confluent supply zone visible on both the daily and weekly timeframes, around the $109K–$116K area.
🔴 Red Flag:
As highlighted in the USDT.D dominance chart, the stablecoin ratio is nearing a strong support level (4.32%), which historically aligns with market tops or corrections.
🧠 What This Means:
This is a confluence signal: BTC reaching supply + USDT.D hitting support
A correction or consolidation is likely from this zone unless bulls show significant momentum
📌 Strategy Tip:
Wait for clear reaction to this red zone before chasing further upside.
If you're already long, this is a smart zone to lock in partial profits and reduce exposure.
Bitcoin Update – Textbook Patterns Playing OutIn last week’s Bitcoin idea, I highlighted a key technical setup: price retested the neckline of a massive inverted Head & Shoulders pattern and launched a strong move upward. Let’s dive into what’s unfolding on the daily chart.
We’re seeing classic Wyckoff consolidation behavior—appearing right before the breakout and again after the neckline retest. Multiple smaller Head & Shoulders patterns have also formed and hit their targets cleanly.
The Volunacci pattern came alive after a precise bounce from the Golden Zone, adding more fuel to the bullish narrative.
Next major level in focus: $120K. Will Bitcoin reach it? Let the market decide.
BTC/USD...1d chart pattern..BITCOIN TARGET
**Key Levels:**
- **Support:** $92,000 (critical buy zone)
- **Targets:** $99,000 (TP1) → $107,000 (TP2)
**Chart Pattern (1D):**
Likely forming a **bullish continuation pattern** (e.g., flag, pennant, or ascending triangle) if price holds above $92k. Confirmation requires a breakout with volume.
**Technical Indicators to Watch:**
1. **RSI (14):** Should stay above 50 (bullish momentum).
2. **Moving Averages:** Price above 50/200 EMA supports uptrend.
3. **Volume:** Increasing volume on breakout reinforces validity.
**Risk Management:**
- **Stop-Loss:** Below $92,000 (e.g., $90,500-91,000).
- **Risk-Reward:** ~1:2+ (92k→99k = +7k vs. 92k→90.5k = -1.5k).
**Conclusion:**
Valid setup if Bitcoin holds GETTEX:92K support. Target $99k first, then $107k. Monitor for rejection at support or breakout confirmation.
*(Always cross-validate with fundamentals like ETF inflows/halving dynamics.)*
Would you like a specific indicator analysis (e.g., MACD, Fibonacci)?
Rally! : My Target in Sight, and It’s Only a Matter of TimeInverted Head&Shouldres -- Breakout -- Double top -- Retest Neckline -- BOOM !!
BTC - NEW ATH COMING W MORE DETAILS Adding more detail to the current forecast. I originally had this a short opportunity at or near $104,500 or so. But I have modified that to safer played as a sell - $105,000 - $106,400 and then stand to the side, and buy back lower , near $96,400 - $95,900 for what then becomes an ATH. This could be risky for home gamers, so handle your own dreams accordingly. In the end, this resolves higher, not lower and below $83,000 as I had originally thought. Murrey Math, Elliot Wave, and Gonzalez wave systems being employed. Comments and Dms always welcome. Good luck!
BTC Flag Formation Showing Signs of Weakness – Bearish Move Load“Been watchin’ this here price action dance within a fine-lookin’ upward flag for a spell now. Marked her clean—upper bound, lower bound—like a gentleman watches over his estate. But I do declare, this structure’s lookin’ mighty tired. Reckon a bearish drop’s comin’ ‘round the bend real soon. Y’all best be ready.”
Bless Trading!
BTCMost will say the cycle just starting.
The top will most likely be in next month in June.. if so those that called this a 2017 rally was more than correct. Even XRP moved like 2017.
BTC/USD Market Snapshot – May 12, 2025📊BTC/USD Market Snapshot – May 12, 2025
🔹Current Price: 104,103.42
🔹Timeframe: 1H
📌Key Demand Zone (Support):
🟢 102,322–102,505 – Clean base of the bullish impulse; price respecting this zone multiple times
📈Bullish Outlook:
Price is consolidating in a tight range after a strong impulsive move. As long as the 102,322 zone holds, BTC remains bullish. Break above recent highs could target 105,000+.
📉Bearish Scenario:
If price breaks and closes below the 102,322–102,505 demand zone, expect deeper correction toward 101,000 and 99,800 levels.
⚠️FX Tip:
✅ Use LTF confirmation (5M–15M BOS/CHoCH) for entries
✅ Avoid chasing breakouts – wait for retest
✅ Maintain clear RR plan with tight stops
#BTCUSD #BitcoinAnalysis #PriceAction #SmartMoney #IntradayTrading #FXFOREVER #CryptoSetup #DemandZone
