BTC/USDT Analysis: Local Growth or Continued Decline?Yesterday, Bitcoin continued its decline from the previously mentioned volume zone, but there was no confirmed breakdown below it or a breach of the local low.
At the moment, a trend reversal to the upside has formed.
Currently, the zone of accumulated volume has shifted and is now located in the $83,600–$82,500 range.
A breakout above or below this zone will define the local trend for the coming days.
Our primary scenario considers an upward move toward the $85,600–$88,000 sell zone (absorption of buyer aggression), from where we expect selling pressure to resume.
Sell Zones:
$85,600–$88,000 (absorption of buyer aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$77,000–$73,000 (volume anomalies, pushing volumes)
BTCDOWNUSDT trade ideas
BTC(20250404) market analysis and operationTechnical analysis of BTC contract on April 4: Today, the large-cycle daily level closed with a small positive line yesterday, and the K-line pattern was a single negative and a single positive. The price was still at a low level. The fast and slow lines of the attached chart indicator were glued together and flattened, but it was obvious that the rising price was suppressed, and the pullback was not strong. On the contrary, there seemed to be more opportunities for decline. From the overall technical indicators, the decline in the big trend is still very obvious, so the idea remains unchanged and continue to sell; in the short cycle, the current price is still in a volatile trend. The four-hour chart has a single negative and a single positive, and the attached chart indicator is dead cross, but the strength has not come out. The hourly chart corrected the high point position of 84,000 after the sharp drop this week. The current attached chart indicator is golden cross running, and there is no room for rise or fall, so wait and see during the day, pay attention to the strength and weakness of the European market and the impact of the evening data
Bitcoin - Are We Heading for A Deeper Correction?Bitcoin has been on a Bull Run for past few months due to Trump and anticipation of Crypto-friendly policies however it seems the impulse waves have came to an end and we are in correction zone. If the support zones don't hold, this can lead to substantial downfall which could take price below $50k.
Best option is to trade with small lots and near strong support/resistance levels.
If you are a sport trader, you can set limit orders for accumulations.
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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
BTC sign of weakness & more drop coming BTC Struggles to Break Trendline Resistance: Signs of Weakness on 1D Timeframe
Bitcoin is currently facing strong resistance on the daily (1D) timeframe, struggling to break above the trendline. This indicates potential weakness, with BTC showing signs of a downside move towards the $70K–$75K range. While we cannot pinpoint an exact support level, this zone serves as a potential drop area. Additionally, a sharp wick could extend lower, possibly touching $69K or even FWB:67K , as liquidity is swept from below before a potential recovery.
On the bullish side, a bullish RSI divergence is forming, which suggests that sooner or later, BTC could experience a strong upward move. This could lead to a significant rally in the market.
Given the current market structure, it’s a good time to position yourself in high-quality utility projects rather than meme coins. Focusing on fundamentally strong assets can lead to massive gains in the next bullish phase. Stay strategic, manage your risk, and be prepared for future opportunities.
BTC 1H — Pre-News SetupAt the moment, Bitcoin is showing a confident upward movement, but several signals point to possible caution:
• Price is nearing the upper Bollinger Band , often signaling local overheating.
• RSI is at 65+ , approaching overbought territory.
• Coinbase Premium is still negative (-13.06) — this suggests that institutional players are not yet aggressively buying.
• Volume is rising, but not showing major spike activity — likely retail-driven momentum.
This looks like a classic distribution phase ahead of a possible shakeout or reaction to upcoming macroeconomic events.
Watch out for key data drops:
04 April 12:30 UTC — Non-Farm Payrolls + Unemployment Rate
04 April 15:25 UTC — Fed Chair Powell Speech
My plan: I'm out of position and observing. If news hits negatively, this could be a setup for a sharp correction.
Be cautious. Patience is a position.
BTC ANALYSIS 🔮 #BTC Analysis 🚀🚀
💲💲 #BTC is trading between support and resistance area. There is a potential rejection again from its resistance zone and pullback from its major support area. If #BTC breaks resistance zone $88500 then there will a chance of bullish movement
💸Current Price -- $84470
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#BTC #Cryptocurrency #DYOR
Bitcoin (BTC) Price Outlook: Possible Drop to $76K?BTC is currently trading at $83,200, showing signs of downward pressure. Key factors influencing this trend:
• Macroeconomic Factors: Market uncertainty due to geopolitical tensions and potential new regulations.
• Technical Indicators: The possible formation of a death cross (50-day MA crossing below 200-day MA) suggests a bearish scenario.
• Support & Resistance:
• Strong support at $76K – a key level that could act as a bounce point.
• If broken, BTC might test $73.8K (next support level).
Conclusion: If BTC fails to hold above $80K, we could see further declines to $76K or lower. Watching price action closely!
📉 What are your thoughts? Drop your analysis below!
Phemex Analysis #70: Pro Tips to Trade Bitcoin (BTC)The past few weeks have left many traders perplexed, with Bitcoin's price ( PHEMEX:BTCUSDT.P ) fluctuating within a seemingly indecisive range. However, a broader view reveals a consistent pattern: Bitcoin has been oscillating between $92,775 and $76,555, indicating a period of market equilibrium where neither bullish nor bearish forces have gained a decisive advantage.
Adding to the complexity, the trading range has narrowed over the past week, confining Bitcoin's movement between $89,000 and $81,000. To navigate these uncertain waters, let's explore potential scenarios and develop corresponding trading strategies.
Possible Scenarios
1. Bearish Drop Below $81,000.
Given the prevailing bearish sentiment in the broader market, a downward breakout remains a strong possibility.
Pro Tips:
* If the price breaks below $81,000 with high volume, consider initiating a short position.
* Conversely, if the price breaks below $81,000 with low volume and a relatively high RSI (compared to previous drops), consider buying the dip at support levels such as $79,000 and $76,555. As this could indicate a temporary dip before a potential rebound.
2. Bullish Rise Above $89,000.
If the price breaks above $89,000 with strong volume, it would signal a potential shift in momentum, indicating a bullish breakout.
Pro Tips:
* Consider entering a long position upon a confirmed breakout above $89,000.
* Set a tight stop-loss order below the breakout point to manage risk.
* Take short term profits on $92755, $95000 or $97000.
3. Continued Consolidation.
Bitcoin could continue to consolidate between $89,000 and $81,000, creating a sideways trading range.
Pro Tips:
* Utilize grid trading bots to capitalize on the small price fluctuations within the range.
* Set long grid bots near the $81,000 support level and short grid bots near the $89,000 resistance level.
* Implement strict stop-loss orders outside the range to minimize losses in case of a breakout or breakdown.
* Be aware that consolidation periods can end with strong breakouts, so monitor volume and RSI closely.
Additional Pro Tips:
* Volume Analysis: Always pay close attention to trading volume. High volume breakouts are more reliable than those with low volume.
* RSI Divergence:Be aware of RSI divergence, as it can indicate potential trend reversals.
* Risk Management: Employ proper risk management techniques, including setting stop-loss orders and diversifying your portfolio.
Conclusion.
Navigating Bitcoin's current price action requires a blend of technical analysis and strategic thinking. By understanding the potential scenarios and implementing effective trading strategies, traders can capitalize on opportunities while minimizing risk. Remember to remain disciplined, patient, and adaptable to the ever-changing cryptocurrency market.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Will BTC ever test 100k>?The chart reflects a detailed 4-hour volume profile analysis for BTC/USDT on Binance, showcasing a shift in market structure over time. Initially, the market held a balanced state with high volume acceptance around $84,400, reflecting a stable zone of interest among buyers and sellers. However, as sessions progressed, the profile began to shift downward, suggesting a loss of bullish momentum. The middle section of the chart shows an attempt at upward expansion, yet the failure to sustain volume above $85,400 highlighted weakness in higher price acceptance. In the most recent session, value has firmly established lower, with the Point of Control now sitting around $82,800 — a signal that the market is currently accepting lower prices. The price remains compressed just beneath visible resistance, and unless fresh buying initiative comes in, the structure hints at potential continuation lower. Thin volume areas above act as resistance, while support appears layered near $81,600–$82,000. Overall, sellers are gradually gaining control, and the market is in a wait-and-see phase around the current POC.
BTC/USDT Analysis – 30-Minute Chart (OKX)BTC/USDT Analysis – 30-Minute Chart (OKX)
Key Support Levels:
Immediate support: 82,596 USDT
Stronger support: 81,900 USDT (Potential entry point)
Stop-loss: Below 79,426 USDT (Risk management)
Key Resistance Levels:
First resistance: 84,326 USDT
Next resistance: 85,726 USDT (Major supply zone)
Higher targets: 87,702 – 88,547 USDT
Indicators & Market Structure:
BTC is testing a short-term support after a bearish move.
The Stochastic RSI shows an overbought condition, signaling a potential retracement.
The EMA 20, 50, 100, and 200 are showing mixed signals; BTC needs to break above EMA 100 to confirm bullish momentum.
The MACD histogram is showing early signs of bullish momentum.
Trade Plan:
Bullish case: If BTC holds 82,596 – 81,900 USDT, a reversal towards 84,326 – 85,726 USDT is possible.
Bearish case: If BTC drops below 81,900 USDT, further downside towards 79,426 USDT may happen.
📌 Summary:
BTC is at a crucial level, consolidating around support. If it holds above 82,596 USDT, we could see a bounce toward 85,726 USDT. However, a break below 81,900 USDT could trigger more downside. Monitor price action carefully before entering a position. 🚀
BTC where will go?the price of btc is going every day near the resistance , so should break it with no a lot of power, just going lateral and it could be broken, anyway all is on the chart.
For me can stay in the safe zone , so and play with levergae a little bit more high just for fast scalp, let me know guys
BTC Approaches Key Trendline Support – Critical Decision AheadBitcoin is nearing its ascending trendline support, a pivotal level for trend continuation. The next move will depend on whether BTC holds or breaks this zone.
📊 Market Structure Update
BTC is testing a well-defined trendline that has acted as support in previous moves.
A reaction here could dictate the next major price shift.
🔎 What’s Next?
A strong bounce could signal continuation, while a breakdown may lead to deeper retracement.
Watch for volume confirmation and reaction at this level.
With BTC at this key inflection point, how are you positioning?
Weekly bias (weekly price action)What is Weekly Bias in Trading?
Weekly bias is just a way of figuring out which direction the market is likely to move over the course of a week. It helps traders decide whether they should be looking for buys or sells, making their trades more in sync with the market’s momentum.
How to Figure Out Weekly Bias
1. Last Week’s Close:
- If last week’s candle closed bullish, the market might continue up.
- If it closed bearish, there’s a good chance it keeps dropping.
2. Market Structure:
- Uptrend (higher highs & higher lows) = Bullish bias.
- Downtrend (lower highs & lower lows) = Bearish bias.
3. Support & Resistance:
- Price bouncing off a strong support? Buyers might step in.
- Price rejecting a major resistance? Sellers could take control.
4. Moving Averages (MAs):
- i dont use indicators but some traders use them and they work
5. News & Fundamentals:
- Big economic events (like interest rate decisions or inflation reports) can shift the market’s direction for the week.
Why Does Weekly Bias Matter?
- Intraday traders can use it to confirm trades on smaller timeframes.
- Swing traders rely on it to hold positions for days.
- Scalpers might not need it as much, but trading in the same direction as the weekly bias can improve win rates.
focusing on the bigger picture can help to identify quality trades
BTC - Elliott Wave Impulse and Corrective StructureThis chart illustrates an Elliott Wave pattern on BTCUSDT in the 4-hour timeframe. The market initially completed a 5-wave impulse move to the upside, labeled as (1)-(2)-(3)-(4)-(5), signaling a strong bullish trend. Following the completion of Wave (5), a corrective ABC structure has begun, indicating a potential retracement phase.
- The 5-wave impulse structure suggests a completed bullish cycle.
- Wave (A) marks the initial corrective decline, followed by a recovery in Wave (B).
- Wave (C) is in progress, likely targeting lower levels before a potential reversal or continuation of the trend.
Traders should watch key support and resistance levels to identify potential reversal zones or continuation patterns. If BTC finds strong support at a key level, it could indicate a buying opportunity for the next bullish wave. Conversely, a deeper breakdown could confirm extended correction.
Always apply proper risk management and confirm setups with additional technical indicators.
Bitcoin (BTC) on 4-hour timeframe. Current Price: Bitcoin is currently trading around $81,830.
Trend Line: There is a downward trend line indicating bearish sentiment over the observed period.
Support Level: There is a green support area around $78,424 to $80,000. Bitcoin needs to stay above this level to avoid further declines.
Recent Activity: After the decline, Bitcoin has attempted to stabilize near the support but has not made any significant upward move.
Considerations
If the price breaks below the support area, the bearish trend may continue.
Conversely, if Bitcoin breaks above the trend line, it may signal a reversal and potential upward movement.
Feel free to ask for further analysis or specific technical indicators!
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Thanks for your support!
DYOR. NFA
Short on BTC4H trend is bearish, 1H trend also bearish
3 potential sell :
1. Break Low 1H candle (BOS) , retest and reject. SL slightly above retest, TP 1:2 RR
2. Pullback on last 1H supply, wait rejection on 1H candle, SL sligtly above rejection, TP on Last low or 1:2 RR
3. Pullback on last 4H supply, wait rejection on 1H candle, SL sligtly above rejection, TP on Last low or 1:2 RR