Pump & Dump?Was that a classic pump & dump in the bitcoin & crypto space? In any case, use charts to avoid getting whipsawed around. For now, it is simply a retest of the dome (resistance). Remember, low risk entries are found outside the dome, not inside one!by Badcharts5
BTC Bitcoin buy signal at ~85KBTC Bitcoin buy signal at ~85K Why: - Daily Level - POC Level - Golden pocket I have small buy orders between 84-85k then will put in more at confirmation of trend reversal on lower time frames.Longby TotallyFreeTradeSignalsUpdated 4
BTC - Bigger Picture of Liquidity Collection RoadmapExpanding on my last idea focusing on the first move in this sequence, here is a bigger picture of this idea and I will explain in detail how I arrive to this. 1. The market is always going to absorb liquidity. We know this. We also know that since Dec 2022 Bitcoin has been on a steady climb up allowing for lots of long positions to open and stay open. What this creates is a lot of absorbable liquidity in the form of long position stop losses. Further more, the dominance of leverage is very high in crypto, therefor these stop loss orders are โleveraged sell ordersโ. This is the โfuelโ that can be used to explain the possibility of a move of this magnitude. In other words, the orders are already in place in the chart; the adverse of traders decisions via leveraged position stop losses. 2. We can identify (2) main trendlines that explains why Bitcoin has been struggling so much around these zones. Price tends to break above and below these diagonal trendlines, trading sideways in a diagonal fashion - until there is enough โfearโ or justification to allow the trendline to play itself out. The first trendline I design for you in my previous idea. This takes Bitcoin to a zone with several confluences. (1) A Volume Profile support, (2) The bottom of a bearish trendline, and (3) The absorption of a mass amount of liquidity located from the current price to that zone. The second trendline, which you can apply the same validation methods I pointed out in my previous idea (duplicating the trendline and placing it infinitely at different areas on the chart and observing price respecting the angle), has a bottom of $7,000. Now this Uber low may seem extraordinarily unrealistic, but there is again, a mass amount of liquidity located in those low zones that the market wants to absorb. 3. I lay out here a corrective wave sequence that would allow all of this liquidity to be absorbed. The US Dollar on the higher timeframes shows a bearish retest of a major breakdown. With all of the negative news and geopolitical tension with the US, both technically and fundamentally this points in the direction of a falling US dollar relative to other global currencies. 4. Ultimately this is good for Bitcoin. I present this idea for several reasons, most importantly, what I can see happening (assuming this does occur) is that many holders and investors will sell at very low prices in extreme fear that Bitcoin will go to zero, when in fact it would just be a liquidity grab prior to a true 3-5 year bull run on Bitcoin as the US Dollar loses strength. Of course being ill prepared and selling at those extreme lows would be catastrophic for investors and traders. So if anything, I hope this serves you with the possibility explained in detail, and in the event you see this occur, to not panic and not sell. To do the exact opposite of what the majority would do and BUY into those extreme fear zones. Happy trading and stay safe. For anyone wanting to argue that itโs not possible or showing their confidence that it would never happen; please understand there is no harm is looking at potential scenarios and this isnโt an ego contest about who is right or wrong. Itโs ideally about looking out for each other and sharing our work, knowledge, and experience to collectively succeed in understanding this challenging market. People may also like to point out that Iโve been speaking about this occurring for roughly a year, and have been wrong - however the timing of such events doesnโt mean itโs โwrongโ. If the chart demonstrates a possibility, it remains. Shortby DickDandy5
btc temporaly rally to 90k and fall to 66kA temporaly rise of btcusd is seen as it tests the broken support at 90k which has now become a strong resistance. Failure of it breaking above 90k suggests a posiible downtrend continuation to next target of 66k as seen in the below analysis.Longby returi19Updated 5
BTCUSDT WANT BIG BUY LETS SE ๐ BTCUSDT Analysis & Forecast ๐ ๐น Time Frame: H4 ๐น Analysis: BTCUSDT has rejected its $85K support zone, indicating strong buying pressure at lower levels. This signals a potential bullish move towards higher price targets. ๐น Buy Opportunity: A strong bullish momentum is expected within the same range, eyeing key upside targets. ๐น Technical Targets: โ First Target: $105K โ If bullish momentum continues, price may reach this level. โ Second Target: $108K โ A breakout above $105K could push BTC higher toward this next target. ๐น Key Levels to Watch: โ Resistance Zone: $96.7K โ BTC needs to break above this level to confirm further upside. โ Support Zone: $85K โ Holding above this level strengthens the bullish outlook. ๐ Traders should monitor price action, volume, and key resistance breakouts while managing risk. Stay ready for potential market volatility! ๐๐ฅLongby ALBERTGOLDHUNTER5
BTC Daily, Here comes the Money, Wyckoff Re-accumulation PatternTracking a Wyckoff Re-accumulation Pattern on BTC Daily Chart. This concept outlines how smart money "moneypulate" the market to fill their bags at a lower price by hunting liquidity and trapping other traders. If this pattern plays out there's a +25%climb back to ATH over the coming weeks, BTC Got a nice bounce right in a Fair Value Gap identified on the 4-hour chart, which also lies within a daily Fair value gap, It hit exactly! This is the potential spring of the Wyckoff re-accumulation pattern playing out where there is a lot of liquidity and support, just below is the neckline of the massive weekly reverse head and shoulder pattern, so a retest of the neckline - AKA this "Crash" is a normal move as price regularly(not always) will retest the breakout. Stochastic RSI was nicely reset on the bottom and oversold, and its possible there is a strong bounce from this area back to ATH and beyond. I Will continue to track this almost textbook looking pattern, Would love to know your thoughts on this!Longby dinovareta115
Bitcoin Daily Chart Over the past seven days, Bitcoin experienced a significant decline, dropping 2,440 pips before finding support around the 78,261 level. This area acted as a key zone of interest due to multiple technical confluences aligning, ultimately halting further downside movement. As a result, we are now witnessing a reaction at this level. Looking ahead, I anticipate two potential scenarios. Bitcoin could revisit this support level, forming a double-bottom structure before initiating an upward push toward 91,500. Alternatively, it may first rally toward 91,500 before facing a rejection, leading to a corrective move down to approximately 71,500. If this pullback materializes and establishes a strong base, I expect Bitcoin to gain bullish momentum, eventually setting a new all-time high in the coming months. Daily Chart Total Crypto Cap There were multiple confluences to see an reaction at 2.6T. by ChartStrategist114
BITCOINUSD RETEST OR TRAPhello traders what do you think about BITCOINUSD current price 94000 bitcoinusd this buy trade is retest i think again bitcoinusd drop down side market now is resistance zone touching mind be possible bitcoinusd fall down resistance zone 94400;95500 demand 86700 please dont forget to like comment and follow Shortby gulsheraz337Updated 117
$BTC Macrolast idea remains intactโwe are still bullish. Alts have held strong while BTC plunged. (I donโt own any BTC, and neither should you above $100K.) I predicted the exact $15.5K bottom on X, as well as the August 5th crash and bottom. Unfortunately, I wasnโt on the charts in December and missed the biggest, clearest signal on USDT.D for a potential local top, which otherwise would have 2x'd my current portfolio but mistakes were made) BTC taking the hits while alts hold steady is a strong sign that whales are taking profits from Bitcoin and preparing for "rotation". Most traders believe the cycle is overโand there are valid reasons for that (some of them are): - A monthly bearish engulfing candle - A structure resembling the 2021 top, suggesting one last rally before the bear market - Worst of all, double bearish divergence on the monthly, which worries me too However, there are strong counterarguments. The biggest? The cycle has never topped with BTC.D this weak. Thatโs why Iโm still leaning toward a bullish scenario until proven otherwise. Update on the above chart: The parabola is intact with a beautiful reaction. That doesnโt mean we canโt still visit the red boxโthereโs only air between themโbut Iโm holding, and that remains my primary scenario. Alts can make new lows, but RR isnโt worth it. As Iโve said before, the time to sell spot bags has passed. You donโt sell in between unless invalidation occurs. Timing is everything. We failed to time this market, assuming it would mimic past cyclesโbut everyone was wrong. Traders won this cycle, while investors (except BTC holders) struggled... until now, at least. ONLY DIFFERENCE BETWEEN BOTH SCENARIOS (MENTIONED ON CHART) FOR ALTS? You have to wait way longer on the second scenario but both would take us to our goal. Worst case? We break and HTF close on USDT.D - last hope, officially ending bull market!Longby SaadFiaz6
Bitcoin bullish to 94400 ?Bitcoin is almost at the support of the channel I expect a bullish move to 94400 Ideal entry will be around 90400 Stop loss: 89600Longby VisionaryInsightsUpdated 4
BITCOIN FALLS LIKE WATERFALLS (MUST READ CAPTION)Bitcoin looks Strong Bearish from Current Area Currently Running at 87500 So Fully Hold up to my Given target 76,000 . Entry Point 87,000 Target point 76,000 Must likes And Comments .Shortby SEBASTIIAN745
BTC SHORT TP:82,500 28-02-2025Bitcoin, on lower timeframes, is showing a bearish structure with a target price in the 82,000 - 83,000 zone. We should expect results within 10 to 15 hours; otherwise, it will be considered invalid. Follow me to stay updated on my movements and to generate profits!Shortby ReyDragon21Updated 32
BITCOIN Technical analysis - This price action is familiar!See for yourself. Since Apr 24 we had red UMVD and market went sideways. This is exactly what's happening right now. We have RED UMVD after a new high and now we just had first bounce from the bottom Green TrapZone. No Longs till we get fresh GREEN UMVD. Small size plays only till, buy the bottom and sell the tops with this red UMVD. Will post the hourly for close up next. Happy trading and stay safe, dear snowflakes!by SnowflakeTraderUpdated 5
$BTC: First Bounce incoming? Eyeing mid 80ksI decided to go long on CRYPTOCAP:BTC below 80k. There's a lot of confluence in that zone. Could it go lower? Of course. I think 75-76k would be a more optimal entry, but as long as I can grab some below 80k, I believe the chances of a bounce are higher than expecting sub-70k levels... I could be completely wrong, and this could just be part of the normal path toward 71k, but I like my odds here. At least, I plan to take some profits around the mid-80ks. Iโm mostly waiting to see how the market reacts post-Q1, especially after March 20th, before jumping back in big (just high caps) Longby ZelfTradeUpdated 4
Bitcoin Breakdown: Bearish Retest or Further Crash to $60K?Bitcoin (BTC/USD) Daily Chart Analysis ๐ง๐ Key Observations: Major Breakdown Below Support ๐จ BTC has broken below a key support zone around $85,000 (which also aligns with the 200 EMA at $85,602). This signals further downside potential if price fails to reclaim this level. Bearish Retest Expected ๐ The price may attempt to retest the broken support (~$85,000โ$90,000) before continuing downward. If rejected, BTC could drop to lower demand zones. Next Major Support: $70,000 & $60,000 Zones ๐ The chart suggests a downside move toward $70,000, with a final target around $59,932. These levels have historical significance as support zones. RSI Shows Oversold Conditions ๐ The RSI is at 24.86, which is deep into oversold territory. This could mean a temporary relief bounce, but overall momentum remains bearish. Possible Scenario ๐ If BTC fails to reclaim $85,000, expect a move down to $70,000โ$60,000. A reclaim of $90,000+ would invalidate the bearish structure, leading to another attempt at $100,000+. Conclusion: Bears in Control! ๐ปโ ๏ธ The trend remains bearish unless BTC reclaims key resistance zones. Short-term bounce possible, but lower targets remain valid unless $85,000โ$90,000 is reclaimed. ๐ฅ Trade Smart! Use Risk Management! ๐ฅ Let me know if you need specific trade setups! ๐ by MrStellanSightUpdated 4
BTCUSD 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLEThis chart suggests a short trade, setup expecting BTC to decline after failling at resistance. BTCUSD, technical analysis next move possible.Shortby afzalforex1104
$BTC Bounce: $92,000-$94,000 within the next 24-48hrsShort and sweet, you guys know this is my favorite technical setup in the trading game!๐ฅ๐ฅ๐ I think that Bitcoin CRYPTOCAP:BTC bounces to re-test that line of broken support as new resistance (blue trend line) within the next 24-48 hours. If we can break above that post-"strategic crypto reserve" high, then we're off to the races.๐ฅ๐๐ I'm stoked that we sharked up those NASDAQ:RIOT and NASDAQ:HOOD calls early this morning with our NASDAQ:HOOD put-profits! Let's ride team. ๐๐๐ฆ -Royce ๐ค๐ผLongby roycejakob5
BTC SHORT TP:83,300 03-03-2025Bitcoin continues to form bearish structures on the 1-hour and 30-minute timeframes, making it a good opportunity to look for a short position with a target price around 83,000 - 83,500 and a tight stop-loss. Follow me to stay updated and keep generating profits!Shortby ReyDragon21Updated 41
BTC/USD: What is Going On?Several themes are at play right now, which contributed to a selloff across risk assets last week. Influenced by political shenanigans (tariffs) and the Bybit exchange breach, this sent Bitcoin (BTC) 17.5% lower versus the US dollar (USD) by the close of trading on Friday. Monthly Chart: Room to Explore Deeper Waters There is not much to talk about on the monthly chart except to remind ourselves that last year wrapped up rejecting the underside of a 100% projection ratio at US$106,610. Despite January's gain (9.0%), February concluded considerably lower and, as far as I can see, demonstrates scope to continue exploring south until support from US$68,926. Daily Chart: Dragonfly Doji Ahead of 200-Day SMA On the daily timeframe, the latest reveals that with the aid of the 50-day simple moving average (SMA) delivering resistance at US$97,092, price ruptured the lower edge of a range that has been in play since December 2024 between US$91,591 and US$108,396. This breakout led BTC/USD to within touching distance of the 200-day SMA at US$76,811 on Friday, finishing the week in the shape of a dragonfly doji (a bullish candlestick signal similar to a hammer pattern). While this candle pattern/SMA combination (and neighbouring daily support from US$73,575) could trigger a recovery (profit taking) on the daily timeframe, the room to discover deeper waters on the monthly timeframe toward support at US$68,926 places bulls in a questionable position at current levels and may see daily flow push southbound. Consequently, should the major crypto pair retest the underside of the daily range (see red arrows) before hitting the noted daily supports (and monthly support), this may be viewed as a sell-on-rally scenario. Written by FP Markets Market Analyst Aaron Hill Shortby FPMarkets4
This setup looks very bullish! This chart shows a bullish inverse head and shoulders pattern, which is a strong reversal signal. Here's a breakdown of the analysis: Key Observations: Inverse Head and Shoulders: The chart highlights an inverse head and shoulders pattern, a well-known bullish reversal pattern. The price is currently testing the neckline (resistance zone). A breakout above this level would confirm bullish momentum. Order Block (OB) and Invalid FVG: The price is currently at an order block (OB), a strong supply and demand zone. There is also an invalid fair value gap (FVG), which may act as additional support if a retest occurs. Bullish Path Projection: The red projected path suggests a pullback to the neckline (previous resistance turning into support) before a strong rally upward. The ultimate target looks to be around $100K+, based on the pattern breakout projection. Conclusion: If BTC breaks and holds above the neckline (~$86K), expect a strong bullish rally. A retest of the neckline before pushing higher is likely. If BTC fails to break out, there could be a temporary retracement before another attempt. Trade Idea: Entry: On a successful retest of the neckline (~$85.8Kโ$86K). Target: $100K+ (long-term). Invalidation: If BTC falls below $84K, the pattern is invalidated. This setup looks very bullish! Longby AndyFrenzy5
Failure of the butterfly could lead to capitulation. I've not really seen all the things I'd expect from the rallies out of the low to signal a bigger reversal. We are on good support levels. The odds of a bounce from this area I'd consider really strong but if we see this level failing with only a shallow bounce then this can continue to sell hard. Personally, I think BTC will tend to move similarly to SPX. SPX is also on major support with an implied big drop is it breaks (And epic rally if it holds). In the event of a break in SPX I think this would support a waterfall event in BTC. Really sketchy stuff if we go through the low I think. Hit trailing stops on all my crypto longs. Shortby holeyprofitUpdated 115
BTCUSD - Similar Channels Current channel can be contrasted to the previous 2017 run We are at the stage before aggressive bulls take control pushing above this channel The verge of a large breakout for crypto across the board I don't know if price will surpass 1m but it definitely will be pushing new ATH's probably each week Weekly chart by Bixley4
April May prediction based for Bitcoin45-day time shifted M2 indicates we're up from here, potentially terminating wave 5 of the move.Longby BeastlyBeast4