Bitcoin's Bounce, Your Weekly Scoop on the Bullish Surge !The market has unfolded as anticipated, aligning with our projections.
Short-Term Outlook: Expect a relatively narrow trading range this week due to the absence of major news catalysts.
Bullish Perspective: We maintain a bullish stance, targeting a price range of $88,000–$92,000.
Local Bottom Confirmation: Bitcoin appears to have established a local bottom. Notably, it diverged from Ethereum, which recorded lower lows, while Bitcoin resisted forming a new low.
Technical Analysis: Last week, Bitcoin respected a daily bullish order block, resulting in a strong upward move.
Key Support Level: This week, an inverse fair value gap (FVG) on the daily chart around $82,400 is expected to act as a liquidity zone and support, with price likely to tap this level and rebound higher.
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BTCUSD trade ideas
Shorting Analysis on Bitcoin - Fxdollars- {15/04/2025}Educational Analysis says that BTCUSD may give countertrend opportunities from this range, according to my technical analysis.
Broker - BITSTAMP
So, my analysis is based on a top-down approach from weekly to trend range to internal trend range.
So my analysis comprises of two structures: 1) Break of structure on weekly range and 2) External pushback to fill the remaining fair value gap
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
Bitcoin breaks resistance trend lineIn another sign of recovery, Bitcoin is trying to break away from a key short-term resistance trend line that has been in place since the cryptocurrency topped out in January this year at above $109K.
BTC/USD has already reclaimed a few short-term levels such as FWB:83K and moved above the 21-day exponential moving average to provide the first objective bullish signal.
More work is still needed before we get the all-clear, with the 200-day average and more importantly a key resistance range around $90K (specifically in the $88.8K to $91.2K range) to contend with.
Still, we have a few tentative signs of a possible reversal, which is evidenced across risk assets including major stock indices.
By Fawad Razaqzada, market analyst with FOREX.com
BTC/USD...4H chart pattren...To my analyze Bitcoin with a descending channel pattern, we'll consider the following key aspects based on your provided details:
1. Descending Channel Overview:
A descending channel is a technical pattern where the price is moving within parallel downward-sloping trendlines. In this case, the sell side implies that Bitcoin's price is expected to keep moving downward, adhering to the top line (resistance) and bouncing between the resistance and the lower support line.
2. Key Levels:
High Support (85,000): This suggests that Bitcoin has a significant support zone around the $85,000 price level. If Bitcoin reaches this level, there is likely to be buying pressure or a price bounce.
Sell Target (74,000): Your target suggests that you expect Bitcoin to drop to the $74,000 level, which would likely represent the lower boundary of the descending channel or a previous support zone.
3. Price Action Within the Channel:
If Bitcoin's price is currently within the descending channel and testing the upper resistance, traders might look for short opportunities (sells) at or near the resistance level.
The 85,000 support level could be tested again. If Bitcoin bounces off that level, the downtrend may continue, pushing the price toward the 74,000 target.
If Bitcoin breaks the 85,000 support, a deeper decline could be in the cards, and the sell target of 74,000 may need to be adjusted.
4. Potential Indicators to Watch:
Volume: Pay attention to volume, especially if Bitcoin approaches the 85,000 support level. A low-volume bounce may indicate a short-term relief rally before the next leg down.
RSI: The Relative Strength Index (RSI) can provide insights into whether Bitcoin is oversold or overbought, helping to confirm or challenge the trend within the descending channel.
MACD: A bearish crossover on the MACD can confirm downward momentum, reinforcing the sell setup toward your target of 74,000.
5. Risk Management:
As this setup involves selling in a descending channel, ensure you set stop-loss orders just above the resistance or the 85,000 level to protect against a reversal.
Adjust your stop-loss based on the price action in relation to the channel’s boundaries.
Conclusion:
Sell if Bitcoin reaches or tests the upper resistance in the descending channel (around 85,000).
Target 74,000 as the downside support.
Watch for volume, RSI, and MACD indicators to confirm the continuation of the downtrend or a potential reversal.
Would you like a more detailed chart or analysis using historical data to refine this strategy further?
April 14 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
I created a strategy based on the possibility of a strong decline in Tether dominance centered on the Gap section at the bottom of Nasdaq and Bitcoin.
*One-way long position strategy when the red finger moves
1. 83,690.8 dollars long position entry section / cut-off price when the green support line is broken
2. 85,772.3 dollars long position 1st target -> Top 2nd -> Good 3rd target.
If the strategy is successful, I have indicated the long position re-entry section.
Today, it is best to maintain the purple support line
because it maintains the mid-term pattern and the daily candle bottom section.
The mid-term pattern can be broken from the 1st section,
and it can be a sideways market until the 2nd section,
and it can decline step by step from the bottom -> 3rd section.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you operate safely with the principle of trading and cut-off price.
Thank you.
Bitcoin daily Raising wedge🧠 Chart Breakdown – BTC/USD (Daily)
📉 Pattern: Falling Wedge
BTC has been moving within a falling wedge, a bullish reversal pattern.
The wedge is now broken to the upside, signaling a potential trend reversal or continuation of the larger uptrend.
📈 Breakout Confirmation
Price broke above the wedge and closed strong, suggesting buying momentum is returning.
Breakouts from falling wedges typically aim for a measured move equal to the height of the wedge — potentially sending BTC higher.
🟦 Support Zones
$77,936 – Previously a strong support/resistance flip zone.
$74,402 – A key structural level. Price tested and bounced here before breakout.
Both zones acted as a springboard for the recent bullish move.
🟪 Resistance Zones
$95,000 – A prior top before the correction began. Likely to act as resistance again.
$105,000 – Final major resistance before potential new all-time highs.
📊 Volume
Noticeable spike in volume during breakout – confirms strong bullish interest and validates the wedge breakout.
📉 RSI (Relative Strength Index)
RSI is at 53.81, climbing steadily, and crossing above the moving average.
Indicates increasing bullish momentum, but not yet overbought — still room to grow.
✅ Conclusion / Trade Idea
BTC has broken out of a falling wedge, with momentum building.
Bullish targets:
$95,000 first
$105,000 next
Invalidation zone: Below $74,000, where the breakout would be considered failed.
🔔 Final Thoughts
This chart signals a bullish continuation for BTC as long as price holds above the wedge and support zones. Ideal for position trades or swing entries, especially on retests of breakout levels.
BTC/USD Daily Technical Outlook – Approaching Cycle Top?Bitcoin is currently trading around $85,500, maintaining short-term bullish momentum within a well-formed ascending structure on the daily chart. The price is now entering a mid-phase rally, with a clear target of $98,000, a key resistance level that coincides with the upper boundary of a rising wedge formation and historical trend extension zones.
Key Technical Levels:
Immediate Resistance: $88,800 (local supply zone)
Major Target Zone: $97,000–$98,000 (macro resistance + psychological round number)
Short-Term Support: $82,000
Key Breakdown Level: $78,500
While the momentum suggests BTC may continue to push higher in the near term, the $98,000 resistance is likely to act as a distribution zone, where buying may slow and profit-taking increases. This level could falsely signal a breakout, leading to a spike in retail long positions before the market enters a longer-term correction phase.
If rejection occurs at or near $98,000, BTC could begin a multi-month correction, with the primary downside target set at $49,000 by July 2025. This level aligns with previous weekly support, volume profile lows, and would represent a typical deep retracement following a major cycle top.
Outlook:
Near-term bias: Bullish toward $98,000
Macro bias: Bearish reversal expected from resistance zone
Cycle correction target: $49,000 (Q3 2025)
Bullish bounce off pullback support?The Bitcoin (BTC/USD) has bounced off the pivot and could potentially rise to the pullback resistance.
Pivot: 83,260.07
1st Support: 80,469.31
1st Resistance: 88,484.86
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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At present, a selling phenomenon has emergedAt present, a selling phenomenon has emerged😰, and a large number of traders are waiting for the market to open⏰.
When other markets open on Monday, the situation of a large amount of capital flowing out to other trading fields also deserves attention. 😟
Especially the flows to the XAU/USD and USOIL markets, or other foreign exchange markets. 💱 The movement of funds to these areas might be influenced by economic news, geopolitical events, or simply portfolio re - balancing by investors. 📰
💰💰💰 BTCUSD 💰💰💰
💰💰💰 BTCUSD 💰💰💰
🎯 Sell@84000 - 84500
🎯 TP 82500 - 81500
Recently, the market has been extremely volatile 😱, which has led to the clearing of many traders' accounts or significant losses 😫. You can follow my signals and gradually recover your losses and achieve profitability 🌟💪.
Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
Make-or-break week for BTCUSDImportant week for BTCUSD. Price is sitting right at the edge of a short-term downward trendline within a larger bullish channel. If it breaks above this structure convincingly, it could open the path toward the upper channel extension, with potential upside reaching the 140,000–150,000 region.
On the flip side, if the highlighted support area around 75,000 fails to hold, the structure could break down into a deeper correction, possibly testing the lower channel near 45,000. This week’s close will be key in confirming whether bulls reclaim momentum or risk builds for a larger drop.
Keep a close eye on the downward movement of BTC at all times.Today, BTC is in a sideways trend, with its price fluctuating in the range of 83,000 to 86,000. 📊
At present, there are no significant new developments in the area of tariffs. 👍
However, what we need to be vigilant about is that if the tariff situation deteriorates and triggers the market's safe - haven mechanism, a large amount of capital is highly likely to flow into the relatively stable gold and foreign exchange markets. 😟
This, in turn, could lead to a large - scale sell - off in the Bitcoin market. 💥
Therefore, it is recommended to consider short - selling at relatively high price points. 📉
The accuracy rate of our daily signals has remained above 98% throughout a month 📈! You are warmly welcome to follow us and join in on the success 🌟.
💰💰💰 BTCUSD 💰💰💰
🎯 Sell@84500 - 85500
🎯 TP 82500 - 81500
Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
BTCUSD Technical Analysis! BUY!
My dear friends,
BTCUSD looks like it will make a good move, and here are the details:
The market is trading on 83747 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 84807
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
This could be the bull run we've all been waiting for.As of April 12, 2025, Bitcoin (BTC) is trading at approximately $84,892, reflecting a 1.5% increase as it attempts to break a three-month downtrend.
Several factors have contributed to Bitcoin's recent price surge:
1. U.S. Tariff Exemptions: The Trump administration's decision to exempt key tech products from reciprocal tariffs has alleviated trade tensions, boosting investor confidence in risk assets like Bitcoin.
2. Strategic Bitcoin Reserve: The U.S. government's establishment of a Strategic Bitcoin Reserve signals institutional support for digital assets, enhancing market sentiment.
3. Market Dynamics: A significant amount of Bitcoin has been withdrawn from exchanges, indicating strong holding sentiment among investors. Additionally, a short squeeze has contributed to upward price momentum.
Finance Magnates
4. Global Adoption: Institutions like Lomond School in Scotland accepting Bitcoin for tuition fees reflect growing mainstream acceptance of cryptocurrency.
Latest news & breaking headlines
BTC TESTING RESISTANCEBitcoin is holding steady near the top of its recent bounce, pressing right into the underside of the 200-day moving average (red) and the 50-day moving average (blue), both of which are currently acting as resistance. This is a critical test zone – price has stalled here multiple times, and bulls will need to push decisively above these levels to flip the broader trend.
So far, this rally has been impressive off the bottom near $73,835, a key level that also served as the May 2024 all-time high. That horizontal line continues to act as a magnet for price, offering strong support on each revisit.
Volume remains relatively muted on this climb, which could suggest waning enthusiasm or simply consolidation before a stronger move. A decisive close above both moving averages would add weight to the bullish case, while rejection here could result in another retest of support levels below.
For now, Bitcoin is stuck in the middle of its range, making this a “wait and see” moment. Momentum is with the bulls, but they still have some major levels to conquer before the trend flips back in their favor.
87-88K seems natural targetMorning folks,
So, our 80-85K trade was nice. Now we think that it is not time for big trades, mostly because many markets, and especially US bonds and dollar are overextended. That's why for a few sessions we're focused on near standing targets.
BTC daily chart shows strong resistance around 87-89K area, which is also might be the neckline of potential reverse H&S. We already talked about this previously.
It is the 2nd reason why it would be better to focus on something close. Thus, on 1H chart setup might be looking like you see on the chart. We hope that 83K support will hold. Otherwise, this trade has no sense, because stop placement below 81K support makes risk/reward ratio unattractive.
Thus, supposedly 87-88K is an upside target. And we hope that BTC will stay above 83K.