BTCUSD trade ideas
Bitcoin double top?It looks like we might be seeing a double top formation, and with lower lows and reduced trading volumes, the positive momentum is running out. The yellow line at the top represents my sell line and is based on a long-term trend dating back to 2015. This line accurately predicted the recent all-time high (ATH) within $50. Although Bitcoin can break through this line, it often doesn’t hold for long.
If the price does break through, the next ATH could be approximately 113700 USD. However, that could mean only small returns with the risk of a pullback to $40k. I’m a BTC bull, but you need to consider having more liquidity during the correction.
The news surrounding Bitcoin is very positive, yet it isn't reacting with enough momentum to reach the values suggested by bullish analysts. Many retail investors are currently focused on paying for living expenses rather than investing. In my opinion, the bull cycle may be nearing its end. The recent head and shoulders pattern that broke to the downside is concerning, although it was somewhat saved by institutions buying more.
This trend could continue, but it's important to note that miners are selling, which is another indicator of a market top, and the Net Unrealized Profit/Loss (NUPL) is high.
$BTC Rejected at Key Resistance – Global War Concerns Pressure P
Bitcoin failed to break above the $110K resistance, facing sharp rejection for the third time. Rising global war tensions have triggered risk-off sentiment across markets, and Bitcoin is now showing signs of a deeper pullback.
🔸 Key Support Zone at 99K – 100K:
This zone is the last strong support holding the bullish structure. A break below it could trigger a larger correction. Eyes on this zone for possible bounce or breakdown.
🔸 Upside Target: 110k+ (Invalidated)
Unless BTC reclaims $110K with strong momentum, upside targets are currently paused.
🔸 Risk Level at 99K:
A daily close below $99K would confirm bearish momentum and open room toward $90K next.
🔸 Outlooks:
Stay cautious due to macro instability (global war risk).
🔹 If price bounces near $99K → short-term long trades possible.
🔹 If it breaks below $99K → prepare for continuation to $90K.
Avoid heavy exposure until the trend clears.
₿ Bitcoin: Further Upside ExpectedBitcoin (BTC) pulled back slightly in yesterday’s session but remains on track to continue its corrective rally within green wave B. In line with our primary scenario, this advance is expected to reach the blue Target Zone between $117,553 and $130,891. Afterward, we anticipate the onset of wave C, which should initiate a substantial decline—driving the price down into the lower blue zone between $62,395 and $51,323. This is also where we expect orange wave a to conclude. From there, wave b should provide a temporary rebound before wave c resumes the broader downtrend, ultimately completing blue wave (ii). That said, there’s still a 30% probability that blue wave alt.(i) has not yet topped. In this alternative scenario, BTC would extend higher, potentially breaking above resistance at $130,891 before the corrective phase resumes. The daily chart illustrates the entire five-wave blue sequence and shows our expected low for wave (ii) within the blue zone between $37,623 and $26,082.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
$BTC (Bitcoin) update - June 11, 2025In this video I go into our ABC correction theory for a W2 pull back on BTC. I also take a quick look at CRYPTOCAP:ETH , CRYPTOCAP:XRP and CRYPTOCAP:ADA just to see where the rest of the market is at.
- ABC correction theory is still at play, but I wouldn't recommend shorting as a possible accumulation could be happening.
- Levels to watch: 110.8k, 108.5k, 106.8k, 104.9k.
BTC - NEXT LEG COMING NOW - $132- $137KI was wrong about sideways action, then rally. BTC moved immeditely higher and looks to be picking up steam. I see a new high to $125 area, and then perhaps consolidation. But eventually to $132- $137 is in the next 2-3 months. Things are really looking bullish now. I was expecting it to take more time to develop, but that is not happening.
BULLMASTER MODE ACTIVATED🐂 BULLMASTER MODE ACTIVATED 🚀
BTCUSD ripping in a pristine up-channel 📈 – Wave (2) ✅, prime setup for monstrous Waves (3)→(5)!
Key support at \~\$108K, next barriers \$114K–116K 🔥
Lock in longs, tighten stops, and let’s stampede to the moon! 🌕💥
\#Bitcoin #Bullrun #ElliottWave
Do technical signals show Bitcoin’s path to $130K? Do technical signals show Bitcoin’s path to $130K?
Bitcoin briefly pushed above $110,000 for the second time this month, before pulling back slightly to trade around $109,500. The market consolidating just below the 61.8% Fibonacci extension level could be suggesting strong resistance is being tested near current levels.
Bitcoin remains within reach of its all-time high at $111,965, set on May 22.
The latest upward move may have been supported by comments from U.S. Commerce Secretary Howard Lutnick, who said trade talks with China in London were progressing well and likely to extend for a third day.
CNBC analyst Todd Gordon expects a breakout toward $130,000 according to his weekly chart analysis. According to our chart, A breakout above 111,897 could open the path to the 78.6% extension around $122,093, followed by the 100% extension target at $135,081
Japan’s Metaplanet to Invest $5.4 Billion in Bitcoin: A Bold StrAmid growing global interest in cryptocurrencies, Japanese investment firm Metaplanet has announced plans to invest $5.4 billion in Bitcoin. This strategic move places the company alongside the largest corporate Bitcoin holders and reflects Japan’s evolving financial stance, where digital assets are beginning to play a more prominent role.
According to Metaplanet, the firm intends to acquire approximately 210,000 BTC by 2027, representing nearly 1% of Bitcoin’s total supply, which is capped at 21 million coins. This initiative is aimed at hedging against inflation and the depreciation of the yen, while also strengthening the company’s position in global financial markets.
Unlike traditional funds, Metaplanet is committed to a long-term holding strategy (hodling) rather than speculative trading. This signals growing confidence in Bitcoin as a store of value comparable to gold. The company also anticipates increasing institutional demand and the potential recognition of Bitcoin as a reserve asset by central banks.
This move is also seen as a step toward legitimizing Bitcoin across Asia. Analysts suggest that other Japanese and South Korean companies may soon follow Metaplanet’s lead.
The $5.4 billion Bitcoin investment is more than a financial move—it’s a statement about the future. Metaplanet is showing that digital assets are becoming an integral part of modern macroeconomic strategy.
BTC target months ago has been on point, "NEW" TargetsSo far our CRYPTOCAP:BTC 109 - 111k target has been MONEY!
Bitcoin hasn't been able to close above it all!!!
Showing Negative divergence on RSI & $ Flow on WEEKLY charts.
"New" CRYPTOCAP:BTC prediction?
Will stand by what we said previously. IMO there's good possibility we could see BTC going to the 170k area, extreme = 226K.
Monthly RSI doesn't peak until it hits 90's BUT there's Negative Divergence forming.
$ FLOW slowly diverging as well.
VOLUME DYING on SPOT. Not so bad on Futures.