a bull trap?A bull trap in trading refers to a situation where a stock or other asset appears to be breaking out upwards, attracting buyers (thinking it's going to continue rising), but then the price reverses and starts to fall. Essentially, it's a false signal of an upward trend, tricking traders into thinking it's safe to buy, only for the price to drop soon after.
Here’s how it typically works:
Upward Movement: The asset experiences a strong price movement to the upside, making it look like a breakout.
Fake Confirmation: Traders interpret this as a signal that the asset is starting a new bullish trend, so they jump in to buy.
Sudden Reversal: After a short period of gains, the price reverses direction and starts to drop, trapping the traders who bought in.
Losses: The traders who entered during the "trap" are now stuck with losses, as they bought at the higher price and the asset's value starts to fall.
Bull traps are a danger to traders who rely on technical indicators or breakouts without confirming broader market conditions. It's important to wait for confirmation signals before jumping in on a trade, as bull traps can lead to significant losses if not recognized early.
Watch out zone this support zone if the price of bitcoin can hold abot 92589 we can see that the price of Bitcoin is bullish
breaking down this area we may see retest down to 85k level
BTCUSD trade ideas
98+ actionMorning folks,
So, market mostly stands at the same place where we leave it last time :)
But now our monthly bullish pattern is officially confirmed, so mid term direction is up with 110K target at least and potential progress up to 127K.
Now we see a lot of minor bullish signs pointing on upside breakout attempt. Last time we talked about 3-Drive, but today it seems that it could go out of its limits. Not just to 97K but up to 103 K AB-CD upside target.
Until price is above 91.5K lows we do not consider any shorts. Following expected downside pullback is still on the table but not for this week probably. We return to it later as soon as upside action will be over.
Bitcoin Cycle Update – Are We Nearing the Peak?Check out this BTCUSDT chart – we’re at GETTEX:92K today, and seems like things are heating up!
▸We’ve seen a Cycle Bottom in late 2022 - early 2023, followed by strong Bull runs in 2023 and 2024.
▸Those Consolidation phases (sideways channels) gave us the perfect setup for massive pumps!
▸Right now, we’re in a Pause Triangle after a big rally – but the Cycle Top could be just around the corner in mid-2025.
▸After that? A potential Bear phase – time to plan your moves!
💡 What’s your strategy? Are you riding this wave to the top, or preparing for the next dip? Let’s discuss 📨
BTCUSD is in an ascending triangleBTCUSD has been consolidating for the entire week within this ascending triangle, showing bullish pressure. However, I believe that this is just a trap considering current economical events. People are still flocking to gold as a safe haven as cryptocurrency has yet to establish itself amongst the older audiences. Hence, we may see the ascending triangle fail. The setup will be invalidated if the resistance up top is breached.
Please do not risk more than 1% per trade!
If you like the idea, please help like the post and comment down your thoughts below! I would love to hear your thoughts!
Highlighted in green between approximately $96,500 and $97,050.a 1-hour chart of Bitcoin (BTC/USD) on the BITSTAMP exchange. Here’s a breakdown of the chart:
Current Price: Around $96,479.
Sell Zone: Highlighted in green between approximately $96,500 and $97,050. This is likely a resistance zone where the trader expects selling pressure.
Red Zone Below: Represents the expected price drop area, indicating a bearish outlook.
Price Action: The chart shows a sharp move up into the Sell Zone, followed by a small pullback, and then a projected drop.
Target Zone: Around $93,242, with an extended potential drop to $91,572, indicated by the arrow.
Support Zone: The yellow rectangle near $93,200 is a key support area where price might stabilize or bounce.
This chart suggests a short (sell) trade setup, anticipating a reversal from the current high back toward support levels.
Bitcoin, ATHs test on the Horizon.Niiiiiiiice, After a nice run up from the Weekly and Daily pov confirming a test to the ATHs is on the horizon.
Now that we have the EMAs in sync with price is TIME for a retrace to test the 55ema (orange line) and then bounce to continue higher.
Even if price drops to the $84k line the UPtrend will still intact.
Buckle up ladies and gentlemen ATHs and above is on the horizon.
Bitcoin at a Crossroads: Breakout Imminent, Orders in PlaceBitcoin continues to consolidate between 93,500 and 95,900.
Typically, the longer an asset consolidates, the stronger the breakout that follows.
There are two possible outcomes , and I won’t even try to guess which one will play out—but I do have a feeling that the odds slightly favor an upward move . To be clear, this isn’t analysis, nor is it based on chart patterns or some kind of insight—just my personal opinion. And I’m not going to trade based on that intuition. Why? Because I’d rather miss the very beginning of a move and enter with more confidence and lower risk.
📝 Trading plan:
1. Go long on a breakout above 96,000 with a target of 109,000.
2. Go short on a breakdown below 92,900 with a target of 74,500.
This sideways structure will inevitably end in a strong move. My orders are set—I’m ready.
BTC Traders: Buy the Dip or Wait for the Break?Bitcoin broke out of its range, hit 97K, and is now consolidating near key resistance at 99K. Traders are watching for either a bullish breakout or a dip to buy. Watch the video to learn more.
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Bitcoin (BTC): Looking For Re-Test of $92,000Weekends were pretty bloody, where we had a strong sell-off on the markets, but yet we did not see the proper re-test of the local resistance zone (which is still the resistance and now proper support zone).
We are looking for the price to decline back towards the GETTEX:92K , where we will be looking either for further downward movement or upward movement.
We set both sell and buy entry zones for us so let's wait now
Swallow Academy
April 30 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 will be two Nasdaq indicator announcements at 9:30 and 11:00.
On the lower left, I marked the long position entry section that I entered on the 25th and 29th,
and created today's strategy based on the Nasdaq movement.
*Red finger movement path
Long position strategy
1. 94,698.2 dollar long position entry section / cut-off price when the green support line is broken
2. 95,784 dollar long position 1st target -> Good 2nd target
The 1st and 2nd sections at the top are sideways.
After the 1st touch, in the rising wave, if you enter a 94.6K long position,
the probability of the strategy succeeding increases.
If it comes down right away without touching the 1st section,
The final long position is waiting in the 2nd section, and the stop loss price is the same when the green support line is broken.
When the top section is touched, the long position re-entry utilization section and
I left a simulation with a pink finger on the upper right.
The bottom touch is a downward sideways movement
The 3rd section is the 6+12 support line where the mid-term pattern is restored.
Also, tomorrow is Labor Day,
So all countries around the world, including the US, are closed.
I also have work to do, so I will take a day off tomorrow.
I intentionally left the analysis article on the right until May 2nd.
Up to this point, please just refer to and use my analysis article,
And I hope you operate safely with the principle trading and stop loss price.
Thank you.
Bitcoin: holds, but slowing downThere are two major events which marked the previous week. One is related to the Chinese government, which openly noted that they are considering entering into negotiations with the US Administration regarding the ongoing “trade war”, noting the absurdity of the currently imposed tax of 145% on Chinese goods and 125% on goods imported from the US. The other news was related to the US macro data and stronger than expected jobs data posted during the previous week. The market was relieved that the US economy is obviously not entering into recession, which was their worst fear during the previous period. All these, currently positive news supported optimism on financial markets, including the riskier assets, like BTC.
The price of BTC continues to move toward the higher grounds during the week. The highest weekly level was reached on Friday, after the jobs report, at the level of $97,8K. The price eased a bit during the Saturdays trading session, currently trading around $96,2K. The RSI continues to move close to the overbought market side, ending the week around the level of 67. This would be usually a clear signal in technical analysis that the potential reversal is coming, however, at this moment it might happen only if strong demand is put on a halt. Moving averages of 50 and 200 days are currently moving as two parallel lines with an uptrend.
The volatility might continue also during the week ahead. It should be strongly considered that the FOMC meeting is scheduled for May 6-7, where Fed officials will decide on the course on interest rates. What the market is currently expecting to hear from Fed Chair Powell is the Fed's view on the potential negative consequences of imposed trade tariffs. This might have a strong implication on investors sentiment and bring back volatility on the market. At this point, BTC is slowing down. Whether this is only temporary, will be much clearer during the week ahead. As per current charts, the level of $ 98K is the next historically significant resistance line. There is some potential that the BTC might try to test this level in the coming period. However, if the market turns to the down side, then the $95K might be the next level, on its road toward the $92K.
Two must-have charts to anticipate the altcoin seasonIntroduction: The bitcoin price has rebounded strongly since the beginning of April, against the backdrop of the trade diplomacy sequence between the USA and its main trading partners, confirmed US disinflation and a strong rebound in global M2 liquidity. On this subject of the positive correlation between the bitcoin price and global liquidity, we invite you to reread our previous analyses (in the list of analyses related to our new article of the day).
The price of BTC in US dollars has thus bounced back from US$74,000 to over US$95,000, the bullish cycle linked to the Spring 2024 halving has been relaunched, so could an altcoin season get underway in the coming weeks?
To answer this question, we suggest you keep a close eye on two key barometers: the ratio between altcoins and bitcoin, and bitcoin dominance.
1) The ratio between altcoin depth and bitcoin price
The basic principle of a mathematical ratio is as follows: if the curve is bullish, then the numerator is outperforming, and if the curve is bearish, then the denominator is outperforming (and vice versa). On the chart below, you can see a graphical analysis of the OTHERS/BITCOIN ratio, i.e. the ratio between altcoins above the top 10 in terms of market capitalization and the bitcoin price.
A bullish reversal in this ratio is needed to see the onset of an altcoin season, i.e. a market phase in which altcoins perform relatively better than BTC, which is quite rare in the current cycle. At this stage, the ratio is stabilizing in contact with a long-term uptrend line, and a potential bullish divergence is present. But there is no bullish signal yet. Until this ratio validates a bullish reversal, there is no altcoin season.
2) The underlying dynamics of bitcoin's dominance of the crypto market
Bitcoin's dominance represents the relative weight of BTC within the total market capitalization of the crypto market. The last true altcoin season dates back to the previous cycle, with BTC's dominance plummeting in the first part of 2021. There is no altcoin season as long as BTC's dominance remains on an upward trend.
Conclusion: While BTC's bullish cycle remains intact for the year 2025, altcoins remain on the back foot for the time being. We invite you to keep a close eye on the two barometers presented above, as they are the early indicators of a possible new altcoin season.
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Say hello to the $110k Bitcoin !The BTC will increase $15K and reach to the top of the wedge in the coming weeks .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Hellena | BITCOIN (4H): LONG to resistance level of 90,000.Colleagues, after drawing the waves I realized that bitcoin is in a major wave “IV” correction and I believe that this correction is either over or about to be over.
Either way I believe that long positions should be prioritized.
I expect that the price will either immediately start an upward movement and reach the psychological resistance level of 90,000, or will update the low in the area of 75,866 a little more and then start moving towards the target.
In the second case, I advise using pending limit orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BITCOIN UPDATELooking good....looking good. Bitcoin holding very good so far. Bitcoin just completed its first stage on the 4hrs retrace move . Knowing where the 4 hrs is heading we can forecast the 1hr tf next move for the next 2 to 3 days and its as shown on the 1hr chart. Once we have the 1hr tf cycle completed we will have the 4hrs tf cycle getting ready to re-take its UPtrend, and once it re-takes its UPtrend move and by the time the 4hrs tf cycle is mid-way up then the Daily will joint them to push prices to new highs and that will be around the 9th or the 12th and as long as price doesn't cross below its Zero Line. Place your bets ladies and gentlemen and buckle up cause we are heading for a wild ride.
BTC Breakout: Symmetrical Triangle Formation Near Key Resistance Bitcoin highlights a symmetrical triangle pattern forming just below a descending trendline and key resistance zone around $96,000–$96,600. The price action is consolidating within narrowing support and resistance lines, suggesting a potential breakout. A bullish breakout above the red trendline and consolidation above $96,000 could lead to a strong upward move toward the resistance zone. Traders should watch for volume confirmation and breakout retest opportunities for optimal entry points.
Bitcoin's 215-Day Pattern: Another Breakout Loading?The Bitcoin chart shows a repeating pattern of consolidation lasting 215 days before each major upward breakout. This cycle has occurred multiple times over the past two years, with each accumulation zone followed by a strong bullish rally.
Currently, Bitcoin is once again emerging from a similar 215-day consolidation phase, suggesting the potential for another significant move to the upside if the pattern holds. If history repeats, we could see a target around $150K.
BINANCE:BTCUSDT CRYPTOCAP:BTC
Bitcoin Struggles at the $95,000 BarrierIn today’s session, BTC has once again posted a decline of over 2%, as the previous bullish bias struggles to break through the $95,000 resistance level. The neutrality forming on the chart around this zone reflects the uncertainty in market sentiment, which is also evident in the Crypto Fear and Greed Index, currently oscillating in the neutral range at 45 points. The market appears to be watching closely for developments in the trade war and the Federal Reserve's interest rate decision on Wednesday before resuming the buying pressure that has driven BTC in recent weeks.
Short-Term Bullish Trend
Since April 9, a sustained bullish trend has been forming in BTC’s price, until momentum stalled near the $95,000 resistance zone. Prolonged price neutrality around this level may begin to slow the upward momentum that had been developing and lead to a consolidation phase. However, the long-term outlook still shows a clear dominance of buying interest.
Technical Indicators:
RSI: The RSI line approached the overbought zone near the 70 level, but has since begun to trend downward, suggesting that the recent buying momentum is weakening. This opens the door for potential short-term bearish corrections.
MACD: The MACD histogram is slowly approaching the zero line, which may indicate a balance of forces in the market. Furthermore, if a crossover between the MACD line and the signal line occurs in the short term, it could be interpreted as the start of a sustained bearish momentum that may affect upward price movements.
Key Levels to Watch:
$95,000 – Major Resistance: The most relevant resistance level for BTC, aligned with the 61.8% Fibonacci retracement. A breakout above this zone could confirm the strength of buying interest and pave the way for a more extended bullish trend.
$90,000 – Nearby Support: This level aligns with neutral consolidation areas from previous sessions and could serve as a short-term support in the face of potential pullbacks.
$86,500 – Key Support: This level is marked by the 50-period simple moving average. A drop to this level could break the short-term bullish structure and extend bearish momentum.
Written by Julian Pineda, CFA – Market Analyst
Bitcoin H4 | Potential bullish bounceBitcoin (BTC/USD) is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 91,933.60 which is a swing-low support that aligns close to the 23.6% Fibonacci retracement.
Stop loss is at 87,400.00 which is a level that lies underneath a pullback support.
Take profit is at 99,342.60 which is a swing-high resistance.
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