BTC/USD Eyes Breakout Analysis On Weekly Time Frame.Bitcoin (BTC/USD) Weekly Chart Analysis
After facing a long term resistance at 70,000$ which was significant barrier for Bitcoin in the past, breakout occurred recently, indicating a strong bullish signal and a shift in market structure.
BTC is currently trading around $103,025, facing a new resistance zone.
as the fundamental shows that it may break the resistance again after scalping and we may see the bitcoin at the 120,000$.
But the technical analysis indicates that we may see a retest her to validating the zone now as support.
After the breakout, BTC faced selling pressure around the $105,000–$110,000 range, creating a new resistance zone.
If the resistance is not breached, there is the possibility of a rejection occurring which may result in a retracement down to $79,902, which would be a 28.72% drop.
And i think From there if the resistance isn’t broken out of, then it’s most likely a rejection comes and we can expect a fall back to $79,902 which is a 28.72% retracement.
A breakout above the current resistance could trigger a 46% rally towards the $120,409 target.
This would continue the bullish trend post-breakout, supported by momentum and volume.
we will stay focused here and wait for the breakout of the resistance.
BTCUSD trade ideas
Bitcoin going to 98k ?There is a possible bearish move on the 1-hour timeframe.
There is rising wedge pattern using two converging yellow trendlines, this is a classic bearish reversal structure.
The wedge shows price making higher highs and higher lows, but with decreasing momentum.
Stop-Loss is marked above a recent swing high
Take-Profit is set near the lower ascending trendline, which aligns with the wedge’s breakdown target.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 16, 2025Technical Analysis and Outlook:
During this week's trading session, Bitcoin has remained tightly bound within our Mean Resistance level of 104000 and is positioned to retest the lower target identified as Mean Support at 99300. There exists a possibility of a further decline toward an additional Mean Support target at 94000. Nonetheless, it is crucial to recognize the potential for upward momentum from the current level, which may lead to a challenge of the Key Resistance at 106100. This could culminate in a retest of the previously established Inner Coin Rally at $108,000.
BTC ATH scenarioI find it hard to believe given the structure on the chart that BTC will not at least make a new ATH.
The 2 main scenarios I am thinking about are we either go up from here and then get rejected or we visit the demand below where a long would be warranted.
Anything else would be considered as PA develops.
I prefer the drop first and then challenge ATH to increase the odds if price going into price discovery thereafter.
BTCUSD clear set upHi traders is morning 🌄 in southern Africa I decided to share a clear view n giving you confidence to hold your trades to 120 atleast next stop,as you can see when market is trending it does just move without pull backs by that,you need to spot the movement and how it pulls back n how to approach it,soo we are still going up and this is the trend,don't just see someone drawing n arrow down n get scared n close your trades follow this set up,and is time to place your 3rd trades,your stops just small.pips after.lower horizontal line,we are talking about the 3rd stage in the picture which is 100k n we are heading to 110.to 120 but your mentor is going to 0000 it does happen anyway I understand but this is what I have,are you following it or you are confused well,you are just 1 percent away to become owners,what blows account is risking management n bad levarage not market,you control your risk n rewards n simple make money but if you are in hurry just short pull back you are liquidated n hate trading,make sure you move like champion 🏆 enjoy your weekend n position yourselfs win win.
BTCUSD…relative equal lowsGood day traders, I’m back with another setup and this time we looking at the cryptocurrency (BTCUSD). This setup up is a short term trade, looking at the 1H TF we can clearly see the equal lows lows and one of lows that make up those relative lows is also our minutes TF’s low.
For the day our narrative is that internal liquidity and we also can expect price to push past that external liquidity. The 2 ray lines make up the volume imbalance that’s once price rebalances we can expect lower price for the rest of the day or maybe even rest of the week.
BTC Update - Just as CalledPrice took off perfectly from the Order Flow / Demand Zone I mapped out in the previous post.
Bulls Launched from 103,162.58 with precision - exactly where Smart Money stepped in.
Now I'm expecting the 30M high to be taken next as price continues its momentum push.
Simple. Calculated. Controlled.
#BTC #SmartMoneyConcepts #OrderFlow #DemandZone #30MStructure #InducementPlays
#SMCPrecision
BTC + Alts updateBTC could continue following the blue arrow from my previous idea , as the price broke above and then retested the blue fib circle, followed by a bullish candle close yesterday.
If the price closes below the fib circle, we could follow the red arrow and head toward the high 90s before aiming for 115k and potentially higher.
Major resistance lies at the trendline formed by the two previous local tops at 105.5k, as well as the orange trendline around 111k.
Here is a better view of the orange trendline
HBAR retested the POC and the H&S neckline.
Target: POC and the 0.618 retracement
ONDO retested the trendline.
Target: VAH
AVAX retested the trendline, which could be interpreted as a H&S neckline.
Target: VAH
XRP broke the trendline, retested VWAP, and is currently sitting at the POC.
Target: Fib circle
DOT retested the POC.
Target: 0.382 retracement
SL you decide on your own.
Personally, I am more in favor of the blue arrow scenario.
Over the last few days, we've seen bullish strength through the wicks on the daily timeframe, and the price remains above my fib circle.
Additionally, many traders are waiting for a pullback to enter. A continued upward move could trigger FOMO among those currently on the sidelines, which is a classic market move.
BITCOIN ON THE MORNINGAfter a long period of ups and downs that felt like an endless journey, my favorite formation has finally appeared the 'Cup and Handle.'
I just love it a perfect setup that gets the engines ready for a long flight toward 120.
After testing the low to high range and multiple rejections at the 103 level, all that’s needed now is a push from the giants to break the resistance — and from there, the sky’s the limit.
If you're looking for practical steps, here you go:
Entry: 100K
Breakout: 103K
First take profit: 110K
Final target: 120K
Safe travel this will be an exciting and especially fun journey.
Of course, nothing mentioned here is financial advice just my personal opinion!!!
Lower Parallel Channel/Trendline tested again, 3rd time a charm?NOTE : I am not an expert trader by any means, I am open input and sharing my ideas. I am still learning this is my second time.
*************************************
DAILY
Price is consolidating or ranging
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4 HOUR
- Price seen between support and resistance
(DOWN/BEAR)
- Parrallel channel seen:
---- its height is around 5000 pips. a little more. (that i was able to measure)
---- with this being the 3rd test to its bottom line,, still hoovering in the lower channel, which could be bearish. however, it is looking like a rejection (as it is loosing momentum, and a doji is forming and likely to close as so.
---- yet, the channel is sell/short pattern. so next few candles may come with the moment and still turn, to go down
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In contrast (UP/ BULLS)
- Ukraine is about to begin to use btc as its national assest and an answer for that is pending soon. ( price will go up b/c this is good for this pair)
- two fake-outs seen at support
- the channel could continue sideways and actually go up
- or the channel will soon be invalidated, moving up, breaking thru top channel line.
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Right now, most technical indications are neutral, a this time for this pair. So lets wait and see.
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Happy trading.
Open to comments and advice.
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May 16 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.
This is the Nasdaq 30-minute chart.
There is no separate indicator announcement.
We proceeded with trend following.
After entering the 1st long position at the top,
If it does not break away from the purple support line, it goes up vertically.
*We proceeded along the red finger movement path in the next wave.
We expected the movement to be a strong rise.
From the bottom breakaway, it is open up to the 2nd section,
and we will omit the detailed explanation.
This is the Bitcoin 30-minute chart.
At the bottom left, with a purple finger,
I connected the long position entry section of 101,785.1 dollars that I had on the 15th.
The current position is the 30 + 1 section,
but since the 4 and 6-hour central lines were also touched at the same time,
the mid-term pattern is broken,
and the daily chart MACD dead cross is in progress.
The strategy is one-way, one-way,
I am explaining it only on one page of the 30-minute chart,
so it is limited, but I organized it as simply as possible.
*When the blue finger moves
Two-way neutral
Short->Long or long waiting strategy
1. 104,791.3 dollars short position entry section / stop loss price when orange resistance line is broken
2. 103,241.8 dollars long position switching / stop loss price when green support line is broken
After that, long position target price in the order of Good -> Great
-> Refer to pink finger simulation.
If it touches the top once or comes down right away from the current position,
it is the final long waiting strategy at the bottom section 2.
From the bottom section breakout,
it is open from 3 -> 99345.9 dollars.
Please use my analysis article so far only for reference and use
I hope you operate safely with principle trading and stop loss price.
Thank you for your hard work this week.
BTC/USD Technical Analysis (2H Chart)BTC/USD Technical Analysis (2H Chart)
Pattern Identified:
A harmonic triple top formation is visible near the recent highs.
This is a bearish reversal pattern, especially when it forms at the end of an uptrend after a strong bullish rally.
Key Observations:
Price Structure:
After a strong bullish trend, BTC created three peaks around the same resistance level, failing to break above.
Each peak is followed by a sharp sell-off, indicating increasing selling pressure.
The neckline (support) has been marked and a breakdown is anticipated.
Bearish Confirmation:
The neckline break (around $101,000) is critical for bearish confirmation.
Once broken, it would validate the triple top structure.
Projected Targets:
1st Target: $93,800 — This aligns with the previous demand zone and horizontal support.
2nd Target: $86,600 — Deeper correction zone, consistent with previous consolidation area in April.
Trend Projection Path:
The grey zigzag line in the chart implies a bounce back after hitting the first target, possibly forming a lower high, and then continuing the downtrend toward the second target.
Volume & Momentum (not shown but implied):
Typically, weakening volume near the top and divergence in momentum indicators (like RSI or MACD) would further confirm this bearish setup.
Conclusion:
BTC/USD has formed a harmonic triple top pattern on the 2-hour chart — a strong sign of reversal. A breakdown below the neckline (~$101,000) could accelerate the bearish move. Immediate targets are:
Target 1: $93,800
Target 2: $86,600
A close above the triple top zone (~$106,000) would invalidate this bearish setup.
Disclaimer:
This analysis is for informational and educational purposes only. It does not constitute investment advice or a recommendation. Please do your own research or consult a financial advisor before making trading decisions. The cryptocurrency market is highly volatile and involves significant risk.
BTC/USD what a ..!BTC/USD preparing for blast off! first stop will likely be a quick one (111-114k) followed by (124-128k). If instead BTC decides to retest lower before continuing higher. Breaking below 99.5 would likely spell a drop to (97.5k/95.3k/92.5k/89k) Breaking and holding above 103.8k will confirm the continued uptrend and also fully confirm the cup and handle break out! #NFA GOOD LUCK! and GOD SPEED!
BTC is moving within the 101,300.00 - 105,000.00 range👀 Possible scenario:
Bitcoin (BTC) edged up 0.23% on Thursday, nearing $104,000 amid anticipation around U.S. interest rate and tariff policy decisions. Weaker data on inflation and consumer spending fueled expectations of a more dovish Fed stance, as concerns grow over slowing economic momentum.
On May 16, traders will watch the University of Michigan Consumer Sentiment report at 2:00 p.m. UTC, which could trigger volatility by offering clues on the Fed’s next move.
✅Support and Resistance Levels
Support level is now located at 101,300.00
Now, the resistance level is located at 105,000.00.
btc . may . w3 . friyesterdays LONG was beautiful. ny ran aLow, and never looked back pushing higher.
. new aver entry . 102353
i'm right now scalling into new limit LONGs
. aLow . wVWAP . cw0.5 . liquidity grad - in this BULLISH environment
a last limit order is placed at pdTPO
. 102862.5
SL has been lifted to give new trade breathing room
i see us go to cwHigh . 105871, to which tp1 has been changed.
cheers
Is Bitcoin ready for another parabolic movement?Hello Traders, in the chart, I've highlighted the points where Bitcoin has surpassed its total production cost (using the "Bitcoin Production Cost" indicator) from 2019 to today. Every time BTC has exceeded this level, we've seen significant parabolic movements, suggesting a potential upcoming bull run.
Currently, Bitcoin is once again surpassing this critical level, which could indicate a strong upward push. If the trend continues, a parabolic move towards new highs could be underway. 🚀
If BTC holds above the production cost level, long positions could be considered with short-term price targets around $120,000 and beyond.
💡Key levels to watch:
Consolidation above the production cost level could strengthen our long position.
Watch for any corrections that might signal an accumulation phase before the next big rally.
What’s your take on this setup? Let me know in the comments!
Disclaimer:
⚠️ This is not financial advice. Always do your own research before making any investment decisions. Crypto markets are highly volatile — manage your risk accordingly
BTC/USD Price Action Update – May 16, 2025📊 BTC/USD Price Action Update – May 16, 2025
🔹Current Price: 104,109.06
🔹Timeframe: 15M
📌 Key Demand Zone:
🟢 103,471–103,676 – Intraday bullish OB (Order Block); price respected this zone and showed strong bounce reaction.
🎯 Target Levels:
TP 1: 104,233 – Short-term resistance; possible profit-taking area
TP 2: 104,829 – Clean upside imbalance; next liquidity grab zone
⚡️Bullish Bias:
Price bouncing off demand zone with momentum
Holding above 103,850 structure shows buyer strength
🔍 FXFOREVER Insight:
✅ Look for candle closure above 104,200 for TP1
✅ Monitor lower timeframe CHoCH or BOS for re-entries
✅ Stop-loss should stay protected below 103,470 zone
#BTCUSD #BitcoinSignals #IntradayTrading #SmartMoneyConcepts #OrderBlock #TPStrategy #FXFOREVER #CryptoPriceAction
BTC SHORT TP:101,500 16-10-2024🚨 SHORT setup active
Looking to enter between 104,000 and 104,500, targeting 100,800–101,300 based on the 2H–4H charts.
Estimated duration: 20 to 30 hours ⏳
We’re seeing signs of a manipulated pump followed by bearish formation in higher timeframes.
This setup has potential — just remember to manage your stop according to your strategy and stay alert for updates.
If the move doesn’t happen within the expected window, the setup is invalid.
We don’t use indicators, we’re not out here drawing lines or cute little shapes — I just give you a clean trade.
#BTC #PriceAction #Reydragon21