BTCUSDT to head towards 106kBTCUSDT is currently trading inside weekly resistance zone WR1 and currently holding inside this zone. However, since it has not been rejected outrightly from there showing the strength and a high probability of it breaking this resistance and moving to the upside towards 106k area. Later we can see pullback from there towards WR1+DS1 zone testing as support and then bounce again from there towards clear sky as depicted on the chart. This structure will also create a giant inverse head and shoulder fueling the upward move later on. However, those we will assess later after more price action is there. But for now, lets focus on this long trade from weekly resistance zone WR1 to 106k.
BTCDOWNUSDT trade ideas
BTC to hit 98k in coming daysPrice cleared buyside liquidity on the daily and is currently heading for the bottom of the range. Below the bottom sell side liquidity is a 5 minute institutional candle which caused the previous weeks rally. Price to bounce of 96k and head towards 98k in the coming days. Trade carefully
Whatโs Next for Bitcoin?At the moment, weโre inside a broad consolidation range between 109,951 and 74,456, with the midpoint at 92,204. Based on this, we can see that price is currently trading near the upper boundary of the range โ showing strength and aiming for a potential breakout toward a new ATH. Additionally, price remains above the 0.618 Fibonacci retracement level, which reinforces the bullish outlook. Weโre also testing the upper band of VWAP, acting as resistance.
Personally, Iโd prefer to short โ but right now itโs simply not the time. If we try to assess the chart objectively, this is clearly a long setup with a target above 110,000. As for potential shorts: they only make sense if price drops below the midpoint โ under 92,204. If we start to break down from that zone, then selling becomes viable, with the first target around 74,456 or even lower. Because in that case, price likely wonโt stop at 74,456 โ it may push significantly deeper.
Bitcoin Wave Analysis โ 1 May 2025
- Bitcoin broke key resistance level 95000.00
- Likely to rise to resistance level 99300.00
Bitcoin cryptocurrency recently broke the resistance zone between the key resistance level 95000.00 (which stopped the previous wave B at the end of April) and the 61.8% Fibonacci correction of the downward impulse from January.
The breakout of this resistance zone should strengthen the bullish pressure on Bitcoin.
Bitcoin can be expected to rise to the next resistance level 99300.00, which reversed the price multiple times in February.
BTC Cup & Handle Play? Calendar Outlook BTCUSDT Calendar Outlook (MayโAugust 2025)
May 1โ4
Current Zone: $94Kโ$95K (testing cup rim resistance).
Likely consolidation; possible final squeeze before pullback.
May 5โ12 โ Reversal / Handle Formation
High probability of short-term pullback into:
$86,000โ$79,000 (ideal handle zone).
RSI cools down on daily, low-volume decline expected.
Watch for bullish reversal candles, especially hammer or engulfing.
May 13โ20 โ Breakout Window
If BTC holds the handle support and reclaims $94K:
Breakout confirmed above $95K with volume.
Target 1 activates: $102,000
A daily close above $96K with strong volume = signal to re-enter or add.
May 25โ31 โ Target 1 Zone
BTC could reach $102,000, testing first measured resistance.
Expect minor rejection or consolidation.
RSI likely to re-enter overbought territory.
June 10โ20 โ Target 2 Zone
BTC pushes toward $110,000 if trend holds.
Momentum from ETF inflows, miner accumulation, or macro risk-on can help.
Partial profit-taking advised here based on risk.
July โ Consolidation or Extension
If BTC holds above $100K, sideways action likely.
Handle breakout confirms strong cup pattern.
Watch for breakout of new short-term bull flag.
August 1โ20 โ Target 3 Zone
Full measured move of cup completes: $125,000โ$130,000
Strong macro confirmation needed (e.g., Fed dovish, ETF flow continuation).
Expect heavy resistance and possible macro topping structure.
Bearish Scenarios to Watch
MayโJune: Close below $79K = risk of deeper retrace.
Hard Invalidation: Weekly close below $72,000 = cup and handle invalid.
If $61,000 is revisited = long-term base rebuilding likely until Q4.
What are your thoughts on "Sell in May - Walk away"?
Cheers
Mr Pine ๐
BTCUSDT.P ~ M15 SETUP BTC LONG TRADE
SETUP :
E : 93832.8
TP : 95793.5
SL : 93171.5
TRADE BREAKDOWN :
- Extreme Aoi (area of interest tagged) sweaping all the significant liquidity at the lows,
- Entry based on ifvg while targetting untapped internal range liqudiity (irl)
- Stops below candle wick lows.
BTC ~ 1D CHART BREAKDOWNEXPLINATION :
DIRECTIONAL BIAS
Htf : Bullish
Ltf : Bullish
Eyeing on the Daily chart keeping a narrative of the past Price Action (PA ) we have a nice Sweap of the linear liqudiity buildup while a decent accpetance at the daily Volume Gap that satisfied the Net Auction bids sitting at market price before we saw a move to the Upside,
Talking about the Current Price - Daily Reimbalance reclaimed labelled as ff+ (Imbalance Fulfilled) ,
Price is likely to have a momentum push to the upside with 2 key levels acting as Zone of interests :
1) 97293.7
2 ) 102634
BTC-----Sell around 94000, target 92700 areaTechnical analysis of BTC contract on April 30: Today, the large-cycle daily level closed with a small negative line yesterday. The K-line pattern was a continuous positive single negative, and the price was still at a high level. The attached indicator was in a golden cross operation. Although the volume was shrinking, the price retracement could not be seen to continue at present, and the strength was relatively small. The price did not break the previous low point, so at present, the general trend remained bullish; the short-cycle hourly chart showed that the European and US prices continued to consolidate at a high level yesterday. The price began to fall under pressure in the early morning and continued in the morning. The current K-line pattern was a continuous negative, and the attached indicator was in a dead cross operation. Therefore, there is a high probability that there is still a demand for decline during the day. Pay attention to the low support position near the 92700 area below.
Therefore, today's BTC short-term contract trading strategy: sell at the 94000 area, stop loss at the 94500 area, and target the 92700 area;
The Most Watched Flag in The WorldCRYPTO:BTCUSD NASDAQ:IBIT has formed an incredibly tight flag with some receding volume since it's crept over the 200 day moving average. I really love this setup as it gives a fantastic place to both manage risk and also gives incredible upside.
With US stocks under pressure, gold under pressure (extended) and other industries under water I really am considering this trade with incredible size.
Some possibilities:
It could break down and do a small shakeout
It could also just tank :)
But interestingly, the fear and greed index for crypto right now is pretty neutral which makes me think its a perfect storm at least from a risk perseptive.
Lets see how it works out.
BTCUSDT Bitcoin (BTC) is the worldโs first and most prominent cryptocurrency, introduced in 2009 by the pseudonymous creator Satoshi Nakamoto. It operates on a decentralized, peer-to-peer network using blockchain technology, which ensures transparency, security, and the absence of a central authority. Bitcoinโs supply is capped at 21 million coins, making it a deflationary digital asset
How Bitcoin Works
Blockchain: Bitcoin transactions are validated and recorded on a public ledger called the blockchain, maintained by a global network of nodes.
Mining: New transactions are confirmed through a process called mining, which involves solving complex cryptographic puzzles. Successful miners are rewarded with new BTC, though this reward halves roughly every four years in an event known as the "halving".
Decentralization: Unlike traditional banking systems, no single entity controls Bitcoin. Anyone can participate in the network by running a node or mining.
Security: Bitcoinโs security relies on cryptography and the distributed nature of its ledger. Hardware wallets are recommended for safe storage.
Key Features
Limited Supply: Only 21 million BTC will ever exist, contributing to its scarcity and store-of-value characteristics.
Global and Borderless: Bitcoin can be sent anywhere in the world without intermediaries.
Transparency: All transactions are publicly recorded and verifiable on the blockchain.
Volatility: Bitcoinโs price is highly volatile, influenced by market sentiment, macroeconomic factors, and regulatory developments.
Historical Context
Genesis Block: The first Bitcoin block was mined in January 2009.
First Transaction: In 2010, 10,000 BTC were exchanged for two pizzas, marking the first real-world Bitcoin transaction ("Bitcoin Pizza Day").
Growth: Bitcoinโs price has experienced dramatic increases and corrections, with notable all-time highs in late 2024 and early 2025.
Conclusion
Bitcoin remains the leading cryptocurrency by market capitalization and adoption. Its decentralized nature, capped supply, and robust security model have established it as both a digital currency and a store of value. The current price hovers around $95,000, with ongoing volatility reflecting global economic trends and evolving investor sentiment.
Retailer Purchasing ZoneThe highlighted red zone remains unfilled. Technically, even if the price moves upward now, it's likely to return back down shortly after. There's currently no real catalyst for a sustained upward move. Right now, retail investors are being lured into buying. After that, we may see a quick upward spike that allows whales to enter the market. Thatโs when a strong catalyst for real growth could emerge.
Bitcoin needs additional buying momentumBitcoin Technical Update
Bitcoin has broken above the descending trendline, entering a bullish phase ๐.
Currently, BTC is approaching a major supply zone between $95,600 and $96,800 ๐ฅ.
In order to fuel a powerful move above $100,000, Bitcoin needs additional buying momentum, which could come from the demand zone located between $67,700 and $69,300 ๐ฉ.
Thus, a gradual, step-by-step pullback toward the $88,000 level โ and potentially lower prices โ should not be ruled out before any strong bullish continuation
BTC/USDT 1H: Bullish Continuation Setup โ Long Opportunity Above๐ Follow me on TradingView if you respect our charts! ๐ Daily updates!
[
b]Current Market Conditions (Confidence Level: 8/10):
Price at $94,627, showing strong bullish momentum with a clear structure of higher highs and higher lows.
Hidden bullish divergence spotted on RSI, indicating potential for continued upside.
Market Makers appear to be accumulating aggressively, with strong buy pressure noted in recent price action.
Key Levels:
Resistance: $95,400 (Fair Value Gap area)
Support: $93,600 (FVG + prior resistance retest)
Critical Support: $93,200
Trade Setup (Long Bias):
Entry: Optimal between $94,200 โ $94,400 zone.
Targets:
T1: $95,400
T2: $96,000
Stop Loss: $93,100 (safely below FVG and critical support).
Risk Score:
7/10 โ Bullish market structure supports the setup, but proximity to local highs introduces moderate risk of short-term pullback.
Key Observations:
Accumulation signs present with bullish candle formations and volume increases.
RSI supports continuation, with hidden bullish divergence strengthening the setup.
FVG areas at $93,600 and $95,400 crucial for validating the move.
Recommendation:
Long positions favored with tight risk management.
Consider partial profit at $95,400 to de-risk, and leave a runner towards $96,000.
Watch price action closely around $95,400 for signs of rejection or breakout.
๐ Follow me on TradingView if you respect our charts! ๐ Daily updates!
Bitcoin - Back Under Intersecting Bearish TrendlinesBitcoin is back underneath these two intersecting bearish trendlines.
I have laid out two potential paths Bitcoin could take to play this out.
When an asset in crypto goes only up for so long, it leaves behind a trail of leveraged liquidity in the form of stop losses. These wide open gaps filled with long stop losses, is the fuel that would make such a move possible. In other words, the sell orders are already in the chart in order to make this possible.
Personally, I expect this to happen.
DXY is showing a major breakdown and bearish retest at the moment - with a falling dollar over the next 2-3 years, that translates to a true bull market for Bitcoin and related assets.
The market has a very small time window to recollect all of the long position liquidity in the chart, which is in the billions.
See my previous posts to see confluences, liquidity mapping, etc.
Happy trading and I will be trading this myself.