Full Cycle BTC Trendline Mid-2023 to Bull 2025Trendline stretching from mid-2023 lows through the entire bull structure into 2025.
Unbroken since inception
Touched 3+ times
Currently being retested from above
BTC is retesting the primary uptrend
Price dipped below it in April โ false breakdown
May-June recovery has reclaimed it
Now sitting right at the trendline, testing it as resistance-turned-support
This is the ultimate decision zone
A daily or weekly close above $110K confirms the trend resumed
Rejection here โ opens the door for retrace to $98Kโ$100K
BITCOIN trade ideas
$Btc Rejected at $110K โ Will $106K Hold or Is $95K Next? #BTC/USD is showing signs of another lower high after facing strong rejection near the $110,000 resistance zone. The price is currently testing the $106,000 support area, a level that may serve as a crucial retest zone. If buyers step in here, we could see a bullish rebound and potential push toward a new high.
However, if $106K fails to hold, the next support zones to watch are $100K and $95K. A breakdown below $106K opens the door for a deeper correction, possibly targeting $95,000 โ a key demand area from previous structure.
Supporting this bearish pressure, the RSI is dropping from the overbought zone, signaling increasing selling momentum. Historically, such RSI movements have coincided with local tops and short-term pullbacks.
๐ Key Levels:
Resistance: $110,000
Support 1: $106,000 (retest zone)
Support 2: $100,000 (psychological level)
Support 3: $95,000 (major structure support)
๐ Outlook: Watch price action closely at $106K. A strong bounce could reignite bullish momentum. A break below this level may confirm the start of a deeper retracement.
BTC INTRADAY Bullish breakout supported at 103850Trend Overview:
Bitcoin (BTC/USD) remains in a bullish trend, characterised by higher highs and higher lows. The recent intraday price action is forming a continuation consolidation pattern, suggesting a potential pause before a renewed move higher.
Key Technical Levels:
Support: 103,330 (primary pivot), followed by 100,680 and 97,700
Resistance: 113,040 (initial), then 115,510 and 117,510
Technical Outlook:
A pullback to the 103,850 level, which aligns with the previous consolidation zone, could act as a platform for renewed buying interest. A confirmed bounce from this support may trigger a continuation toward the next resistance levels at 112,360, 113,740, and ultimately 116,400.
Conversely, a daily close below 103,850 would suggest weakening bullish momentum. This scenario would shift the bias to bearish in the short term, potentially targeting 102,340 and 100,890 as downside levels.
Conclusion:
BTC/USD maintains a bullish structure while trading above the 103,850 support. A bounce from this level would validate the consolidation as a continuation pattern, with upside potential toward the 112,360 area. A breakdown below 103,850, however, would invalidate this view and suggest deeper corrective risk.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
SPY/QQQ Plan Your Trade For 6-10 : POP PatternToday's POP pattern suggests a potential big price move will take place. Given the overnight activity on the ES (rallying higher then rolling over), I suggest today's price move may attempt to retest these overnight highs, then repeat the breakdown phase into the close.
The markets continue to try to melt upward. This trend will continue until the markets decide to break downward.
After the deep low created by the tariff news, the markets continue to try to rally to new highs. It is very likely that Q2 earnings data may push the SPY to new ATH levels before we see any big rotation in price.
The markets have a tendency to move just above recent highs, then stall and revert downward as a pullback. This move may be no different.
The continued stalling of price trying to move higher recently suggests the markets are running into moderate resistance and I believe traders are actively pulling capital away from this rally.
The trend is still BULLISH. Stay cautious of this upward move as a breakdown could happen at any time.
Gold and Silver are moving into an impressive rally phase. Silver and Platinum have moved considerably higher over the past 10+ days. I believe Gold is lagging and will make a big move higher over the next 5 to 10+ days.
Silver is targeting $41-44+. Gold should target $3400 to $3500+ near the same time.
Bitcoin made a huge rally yesterday - reaching my 110,500 upper resistance level. Now, we see if Bitcoin has the momentum to carry higher or if it will fail and rollover into a downtrend.
It seems we are right as a MAKE or BREAK level in the markets. I'm still a believer of MELT UP until it fails.
I continue to watch for technical failure - but I've not seen it happen yet.
Get some.
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BTCUSD Descending channel breakout strong bullish BITSTAMP:BTCUSD Breakout Alert!
4H Timeframe Technical Analysis by Livia ๐
Bitcoin has officially broken out of its descending channel with strong bullish momentum! ๐
Entry Level: $105,500 โ
๐ Technical Targets:
๐ฏ 1st Target: $106,800
๐ฏ 2nd Target: $108,700
๐ฏ 3rd Target: $110,300
Momentum looks solidโwatch for retests and continuation patterns for additional entries. Always manage risk. ๐ก๏ธ
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#Bitcoin #BTCUSD #CryptoTrading #BreakoutAlert #TechnicalAnalysis #LiviaTrades
BITCOIN BULLS ARE GAINING STRENGTH|LONG
BITCOIN SIGNAL
Trade Direction: long
Entry Level: 103,835.09
Target Level: 109,309.96
Stop Loss: 100,185.18
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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BTC Short. Its time to correctionStrong Sell Limits sitting at our entry level!
SELL LIMIT / SWING TRADE
ENTRY: 106106.3
SL: 109676.8
TP: 93409.1
Bearish trend is active and this would be the time for correction and even maybe for 91350 gap close .
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Weekly trading plan for BitcoinAt the moment we see a very positive growth, after a rapid fall. The price has already got a reaction from the resistance zone formed on the chart and is now in a local correction. We can expect an ATH update, but the local correction may last a few days. Also noted an important level and in case of its breakdown there are more chances for a decline
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'S ALL TIME HIGH IS CLOSENice move. Yesterday had a massive daily candle, moving from ~105K to ~110K. The volume was less than impressive, which should always give us a bit of pause, but still a nice upside pop through a key level of resistance.
The all time high is in site - we need to see it break on volume convincingly.
BTC, ETH and SOL UPDATEWhat a nice move and a beautiful controlled pullback, bulls doing a great job.
Alright ladies and gentlemen lets get ready for the 2nd stage of this leg UP.
Once this little pullback is done ( probably by late Tuesday Pac Time) price should
start moving UP again to get rid off those shorts above 111000 and continue its journey
to break the ATH .We will follow the move until bears are ready to take over so Stay tuned.
BITCOIN WEEKLY WYCKOFF โ DISTRIBUTION OR REACCUMULATION?BTC has formed a textbook Wyckoff structure on the weekly chart โ but are we entering Phase D markdown, or is this just a trap before continuation?
๐ Distribution Case (Primary Bias):
BC โ UT โ UTAD clearly defined
Bearish RSI divergence at UTAD confirms momentum exhaustion
Volume drying up = weakening demand
๐ฏ Targeting the 0.618โ0.66 fib zone near 87kโ89k, confluence with previous structure
๐ง Reaccumulation Possibility (Alternative Scenario):
Structure also mimics Reaccumulation Schematic #2
If support at 101kโ104k holds and price reclaims 112k with strong volume โ UTAD may prove to be a SOS, not a trap
โ ๏ธ Levels to Watch:
๐บ UTAD: 112,087
๐ธ BCLX: 108,496 โ structural pivot
๐ป AR: 92,160 โ distribution confirmation if lost
๐ฏ Target: 89,050 โ 87,206 (fib + horizontal confluence)
๐ Final invalidation for reaccumulation: weekly close below 87k
Whether weโre heading for Phase D markdown or one final shakeout before markup, this structure will define BTCโs path for the coming months.
Bias: Bearish unless price reclaims UTAD with strength.
Conviction: Grows with breakdown + volume spike under 101k.
**Beginning of the Bear!**Fool me once... Fool me twice, shame on me. This looks like a good point of entry, but with the head and shoulders pattern completed as predicted, along with the following correction also anticipated, it is very likely that we are at the start of a bear market.
FOMO (Fear of Missing Out) is clearly evident in the market as leveraged traders predict high numbers, and key Bitcoin institutions are purchasing more. These companies have low average buy prices and can access additional liquidity. Retail buyers, on the other hand, find themselves trapped at high price points where they either have to sell at a loss or hold on (HODL).
It's essential to keep your liquidity safe, as Bitcoin (BTC) is expected to correct. With the average production cost of a BTC around $30,000, miner pressure and profit-taking in preparation for the next halving will come into play. Remember, miners need to sell to buy new rigs, and they create downward pressure on the market, especially when demand is low. Institutions will likely not continue buying in a bear market; instead, they may short BTC and related stocks.
Support is currently strong at $103,000, with the next levels at $101,000 and $97,000. If these support levels break, we could fall below the 200 MA (Moving Average) and enter a bear market, which would create additional selling pressure and could push the price down to approximately $40,000.
BITCOIN The beauty of structured patterns. $150k is next.Bitcoin (BTCUSD) has invalidated all bias calling for a deeper pull-back after May's new All Time High (ATH), as yesterday it broke above the previous ATH Resistance, invalidating the short-term Head and Shoulders pattern, while rebounding last week exactly on the dashed Lower Highs trend-line, confirming it as a Support level.
Within BTC's 3 year Channel Up pattern, we have seen this price action structure another 3 times. The minimum rise on such pattern has been +101% and that wasn't even a Lower Highs rebound. The other two that were exactly like the current formation, increased by a lot more.
As a result, we expect Bitcoin to complete a minimum +101% rise from the April 07 bottom, which translates to a clean $150000 Target.
Do you think the structure ill continue to hold up to $150k and possibly beyond? Feel free to let us know in the comments section below!
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MASSIVE NEW BREAKOUT - LiveMassive New Breakout in Bitcoin at Dual Resistance
Post with emojis:
๐จ๐ฅ Massive New Breakout in Bitcoin at Dual Resistance ๐๐ฅ
Okay, time to revisit the BTC chart because weโve just arrived at a crucial intersection that could define the next major move!
In our previous update, we anticipated a dip โ and it played out perfectly. Using Fibonacci support, we entered long right at the sweet spot, just before a strong upward move that tested resistance levels.
And now... itโs official โ BTC has just broken through that massive dual resistance! ๐
This breakout pushes us back into the ascending channel, which had previously flipped to resistance. Two major technical levels โ white and yellow zones โ just got cleared in one explosive move.
What's next?
๐น Monitor for a possible retest of the breakout zone
๐น Eyes on the 113 key resistance โ thatโs the next likely magnet for price
๐น For those already in longs (like me), itโs smart to take partial profits and trail stops ๐ง ๐ผ
This is a textbook breakout structure, and weโll need to watch volume and structure confirmation closely.
One Love,
The FXPROFESSOR ๐
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! ๐๐ค๐