Bullish bounce off pullback support?The Bitcoin (BTC/USD) is reacting off the pivot and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 98,383.98
1st Support: 94,101.85
1st Resistance: 108,545.92
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BTCUSD.P trade ideas
Bitcoin is still in a BullflagBitcoin has been chopping sideways from 110k to 100k since May which is almost 2 months. People have been saying this is a descending channel but sometimes global swan events can disrupt Technical analysis. If you discount the Bitcoin dump on 5th June as Elon Musk/Trump clash and on 20th June as I*rael/Iran war, then Bitcoin is still in a bull flag structure and will breakout to the upside following the global liquidity.
BTCUSD HTFBitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.”
Every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system.
BTCUSD - Weekly Bullish Momentum Targeting $115K, Eyeing $137KI'm currently observing a strong bullish structure on the weekly timeframe for Bitcoin, trading at $107,305 at the time of writing. The current weekly candle shows aggressive buying pressure, and if this momentum sustains through the close, we could see a continuation toward the $115,200 level.
There’s visible liquidity and unfilled price action around $109,500, which I expect to be taken out as price moves upward. Once cleared, Bitcoin could either:
1. Continue straight to \$115K+, or
2. Briefly retrace before resuming the uptrend.
From a Fibonacci retracement perspective, BTC previously pulled back to the 38.2% level ~$76,000 before launching into the current leg up, a classic continuation signal within an uptrend.
Given the current price action and historical behavior, I’m targeting the following levels:
Short-term target: $115,200
Long-term target (multi-month): $137,200-$137,300
Stop loss and entry would depend on the timeframe of execution, but from a weekly structure, invalidation would occur if BTC breaks below the last major higher low around $98,000-$96,000.
Let’s see how this weekly candle closes. If the momentum holds, the next leg could already be unfolding.
BTC WILL PLAY THIS BOXES
### 🔴 **Bearish Order Blocks (Resistance Zones)**:
These are likely areas where price previously faced selling pressure and may again.
1. **Zone 1 (Lowest Red OB)**
📍 Range: \~108,300 – 108,800
🔹 Price is currently reacting at this zone.
🔹 If price fails to break and close above this zone with volume, expect a short-term rejection.
2. **Zone 2**
📍 Range: \~109,65,0 – 110,000
🔹 If price breaks above Zone 1, this becomes the next target/resistance.
3. **Zone 3 (Highest Red OB)**
📍 Range: \~110,500 – 111,500
🔹 Strongest resistance in this chart. If price reaches here, high chance of reversal unless strong momentum continues.
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### 🔵 **Bullish Order Blocks (Support Zones)**:
These are previous demand areas where buyers stepped in.
1. **Zone 1 (Highest Blue OB)**
📍 Range: \~106,900 – 107,600
🔹 Closest support below current price. If price retraces, it may bounce from here.
🔹 Good area for long entries if price gives bullish confirmation.
2. **Zone 2**
📍 Range: \~105,800 – 106,500
🔹 Stronger support zone; last defense before potential further downside.
🔹 Matches with yellow price marker (105,998.9), possibly a key liquidity level.
---
### 🧠 **Trade Idea Suggestion** (Based on your OB strategy):
#### ✅ **Bullish Scenario**:
* Break & close above 108,800 (top of current red OB) with volume → Look for retest to go **long**.
Bitcoin Ready to Drop?Alright ladies and gentlemen after this nice Bitcoin run up is TIME to book profits if you still in the long trade cause this baby is about to drop.
Bulls don't stretch your luck too much, book your profits while you still have them.
What Bitcoin did was just extending its 1hr Bullish TIME Cycle that's all and it has an end so Bulls don't be greedy cause you're gonna be trapped.
Buckle up ladies and gentlemen and brace yourself for a wild ride down to $101000 once it gets there and most important HOW it gets there will tell us when and what the next move will be.
Take care everyone and enjoy the ride.
BITCOIN SHORT FROM RESISTANCE
BITCOIN SIGNAL
Trade Direction: short
Entry Level: 107,066.16
Target Level: 99,786.09
Stop Loss: 111,861.76
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
LIKE AND COMMENT MY IDEAS
BTCUSD Analysis | Bearish Setup Unfolding?Bitcoin is trading within a descending channel, respecting lower highs and lower lows. The recent price action shows a sharp bounce from the $98,600 support zone, but the bigger picture still hints at potential downside.
🔍 Key Technical Insights:
Descending Channel remains intact – structure suggests bearish continuation.
Price bounced from $98,626 support, but is struggling below key resistance at $108,622.
A possible lower high formation near $106K–$107K could trigger the next drop.
Bearish projection remains valid if price fails to break above the descending trendline.
🟢 Upside Scenario: If bulls manage to break above $109K resistance, we could see a bullish reversal.
🔴 Downside Target: If the bearish setup confirms, we may revisit the $98,000–$99,000 support area once again.
📌 Plan Accordingly:
Wait for price action confirmation near resistance. Patience pays in volatile zones like this!
#BTCUSD #Bitcoin #CryptoAnalysis #TradingView #BTCUpdate #CryptoTrader #TechnicalAnalysis
BTC at Critical Resistance… Drop Incoming!Hi traders! Currently analyzing BTCUSD on the 1H timeframe.
Price is reacting to the upper boundary of a descending channel, where sellers are showing strong pressure. This area has previously acted as a significant resistance, pushing price lower multiple times.
I'm now selling from 108,075.19, expecting a bearish move towards my target at the bottom of the channel.
Take Profit: 104,493.63
Stop Loss: 111,891.49
RSI is showing signs of bearish divergence near the resistance area, adding confluence to this setup.
Price may have performed a liquidity grab above the trendline before rejecting the area, which aligns with the current market structure.
I'm actively managing this trade, keeping an eye on how price behaves around this key level.
Disclaimer: This is not financial advice. This is my personal analysis shared for educational purposes only.
Turn off the noise. Listen to price. $XBTUSDFor me, BITMEX:BTCUSD.P is still in a bullish setup. If you are long, don't panic sell early yet. The signal to sell would be a break of my LIS which currently stands at 103703. If it makes new highs, it would be even more convincing that it wants to go higher ie. don't sell at new highs.
If a new high is made, i will be able to provide a min target to the upside. I will keep you updated.
Market next target ⚠️ Disruption & Analytical Weaknesses:
1. Support Zone Already Broken (Wick Penetration):
The candlestick wick clearly pierced the support level drawn on the chart.
This indicates that buyers are weak at that level — the support is not holding firmly.
Relying on this support for a bullish bias is risky, as it may soon turn into resistance.
2. Volume Confirms Weakness, Not Strength:
The bounce from the support zone happens on low or declining volume, suggesting lack of strong buying interest.
A legitimate bullish reversal should be backed by a volume surge — here, that’s absent.
3. False Sense of Recovery:
The analysis shows arrows projecting straight up to the “Target” level, implying a smooth bullish recovery.
This is unrealistic given the recent choppy price action and repeated failures to hold gains above 107,200.
Price action suggests uncertainty or distribution, not clean bullish momentum.
4. Tight Range and High Volatility Ignored:
Price has been ranging between ~106,400 and ~107,600 with rapid whipsaws.
This kind of structure is often indicative of indecision, and setting a clear directional target without breakout confirmation is premature
Bitcoin's Bullish DriversThe four bullish drivers behind Bitcoin's rally:
1.Institutional involvement: BlackRock and other institutions have accumulated large positions through ETFs, with OTC inventory declining, creating a scarcity effect in the market.
2.Policy tailwinds: Escalating expectations of Federal Reserve rate cuts have enhanced Bitcoin's attractiveness under low-interest-rate environments.
3.Regulatory breakthrough: China's Guotai Junan International has obtained regulatory approval, opening a compliant channel for Chinese capital.
4.Technical support: The 50-day moving average has broken above the 200-day moving average, forming a "golden cross" that confirms the long-term upward trend.
BTCUSD
buy@106000~107000
SL:105000
TP:108000~109000
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BTCUSD – Price Approaching The Edge of the Channel📍 BTCUSD – Price Approaching The Edge of the Channel
Bitcoin has surged sharply from the lower boundary of its descending channel and is now reaching another “Edge” — the upper resistance line.
🎯 Two Key Scenarios:
🟩 Bullish Breakout: A clear breakout above ~$108,000 with strong volume could initiate a new leg toward $111K and beyond
🟨 Bearish Rejection: Failure to break the channel may lead to a corrective wave back toward $103K or lower
This is a classic "decision point" — where market structure and momentum meet supply and resistance.
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#BTCUSD #Bitcoin #CryptoTrading #TechnicalAnalysis #PriceAction #TheEdge #ChannelTrading #EMA #BitcoinResistance #MJTrading #CryptoSetup #SwingTrade #MarketStructure #BreakoutOrRejection #KeyLevel #TrendWatch
BITCOIN STRATED FORMING BEARISH TREND STRUCTUREBITCOIN SHOWS SIGNS OF BEARISH REVERSAL – KEY LEVELS TO WATCH
After an extended bullish run, Bitcoin is now showing early signs of a potential trend reversal as the market begins forming a bearish structure. The formation of a lower low on the price chart indicates weakening bullish momentum and suggests that sellers may be gaining control. This development comes after a sustained upward trend, signaling that a corrective phase could be underway in the cryptocurrency market.
Bearish Confirmation: Lower Low Formation
The appearance of a lower low is one of the most reliable technical indicators of a trend reversal. This pattern demonstrates that bears are successfully pushing prices below previous support levels, establishing a new downward trajectory. While this doesn't necessarily confirm a long-term bear market, it does suggest that Bitcoin could face further downside pressure in the near term. Traders should watch for confirmation through follow-through selling or additional bearish candlestick patterns.
Downside Target: $99,000 in Focus
If the bearish momentum continues, Bitcoin could test the $99,000 support level in upcoming trading sessions. This level represents a psychologically important zone where buyers may attempt to step in. However, a decisive break below this support could accelerate declines, potentially leading to deeper corrections. Traders should monitor volume and price action around this level for signs of either consolidation or continuation of the downtrend.
Resistance Level: $12,000 as Key Barrier
On the upside, $12,000 now acts as a critical resistance level. Any short-term rallies toward this zone could attract renewed selling pressure, reinforcing the bearish outlook. For the current downtrend to be invalidated, Bitcoin would need to reclaim and sustain above this resistance with strong buying volume. Until then, traders may consider selling into strength near this level while maintaining tight risk management.
Market Outlook: Correction Expected After Prolonged Rally
Given Bitcoin's history of volatile price swings, this potential reversal should not come as a complete surprise after its extended bullish run. Market participants should watch for:
- Increasing trading volume on downward moves (confirming bearish conviction)
- Potential bearish continuation patterns (like descending triangles or flag formations)
- Macro factors that could influence crypto markets (regulatory news, ETF flows, or macroeconomic shifts)
Conclusion
Bitcoin appears to be entering a corrective phase, with $99,000 as the next key downside target and $12,000 serving as major resistance. While the broader uptrend may still be intact long-term, short-term traders should prepare for potential bearish continuation. As always, proper position sizing and stop-loss strategies remain crucial in navigating Bitcoin's inherent volatility. A break above $12,000 would require reassessment of the bearish outlook.
BITCOIN STRATED FORMING BEARISH TREND STRUCTURE.BITCOIN STRATED FORMING BEARISH TREND STRUCTURE.
Market started forming lower low, which indicate bearish trend.
After a long Bullish trend, a correction is expected in market.
Market is expected to remain Bearish in upcoming trading session.
On lower side market may hit the target level of 99,000$ in upcoming trading sessions.
On higher side 12,000$ price may act as a key resistance level for the market.