Bitcoin - Dump and Pump to new ATH! Alt season summer 2025During summer, Bitcoin is usually very boring. You probably have heard of the sentence "Sell in May and go away." We can expect Bitcoin to go pretty much sideways in the next months, which creates a perfect environment for altcoins. But in the short term, Bitcoin is bullish and we are going to hit a new all-time high soon. Let's look at the latest bitcoin price action.
On the chart we can see that Bitcoin has been moving in the ascending channel in the recent weeks, and at the end we see a symmetrical triangle. Symmetrical triangles from the Elliott Wave perspective are usually marked as wave 4 preceding the last wave to the upside, followed by a crash. Usually triangles are very tricky, and market makers use them to trap retail traders. This is exactly what is going on here; we can clearly see trapped traders above the symmetrical triangle at this moment. Their stop loss is most likely below the triangle! This is where the price can go before continuing higher.
100k is a strong psychological support, and I believe the bulls will hold it. I am currently bullish on Bitcoin and expect a new all-time high in the near future! Altcoins should start exploding in the next weeks! Now tell me in the comment section, do you think an alt season is ready?
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! It is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BTCUSDT trade ideas
Bitcoin - History Repeating, 110k Next target?Bitcoin has been ranging tightly on the 4H chart, and the recent price behavior is starting to look very familiar. When you compare the current structure with what happened in the first week of May, there are some striking similarities. Back then, BTC consolidated in a sideways channel, faked a breakout to the upside, returned into the range briefly, tapped a demand zone, and then exploded higher into a strong rally. That move laid the groundwork for a steep continuation and fresh highs.
Right now, we’re seeing a nearly identical flow: a prolonged consolidation followed by an upside breakout, a retrace into the prior range, and a precise reaction off a Fair Value Gap (FVG). These repeat structures often hint at algorithmic behavior or institutional footprints, where similar setups trigger similar outcomes.
Structural Context and Price Behavior
The May 6th move began with a candle close above the range, a retest of the lows and FVG within the previous structure, and then an impulsive breakout that never looked back. This breakout was clean, supported by high volume and conviction. Once the retest held, price surged with minimal drawdown.
Now, we’ve just completed a similar sequence. Price closed above the consolidation range, came back in, filled the imbalance (FVG), and instantly found support. It’s also worth noting that both patterns formed after multi-day compressions, which often result in aggressive expansion phases.
What strengthens this setup is that the recent FVG fill didn’t just find support, it caused an immediate reaction to the upside. That’s a key sign that demand is active in this area and institutions may have used this as a re-entry point. From a structure standpoint, as long as we’re holding above the green zone (prior range high and FVG area), the bias remains bullish.
Liquidity Dynamics and Key Zones
The green support area acts as a clear line in the sand. It represents the upper half of the previous range and the origin of the most recent displacement. As long as price stays above this level, the idea is simple: the market is still in expansion mode. The recent wick into the zone could also be viewed as a liquidity sweep, drawing in shorts or stop losses before the real move begins.
In these kinds of setups, institutions often look for “clean-up” wicks to engineer liquidity, and BTC may have just completed that phase. Now that the liquidity grab has taken place and the imbalance is mitigated, the path of least resistance is likely to be up.
Price Target and Expectations
If history repeats, BTC could be setting up for a continuation leg that pushes toward a new all-time high. The $110,000 level makes sense both technically and psychologically. It would not only be a round number magnet but also a logical target based on the range expansion from the current structure. Once the local high breaks, momentum could accelerate quickly, especially if the market gets squeezed and forced to reprice aggressively.
A clean move toward $110,000 would also align with the broader macro narrative, as BTC continues to show resilience and trend continuation despite periods of consolidation.
Conclusion
Bitcoin is potentially repeating its early-May price structure, where a breakout, retest into a key FVG, and strong bullish reaction led to new highs. We’ve just completed a similar retest and bounce, suggesting we may now be in the early stages of a fresh impulsive move. As long as price remains above the key demand zone, this setup favors continuation, with $110,000 as the next major objective. All eyes on whether the market can break above local highs and maintain bullish momentum into uncharted territory.
___________________________________
Thanks for your support!
If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀
Bitcoin - Bulls vs Bears: $106k or New ATH?Bitcoin saw a sharp and aggressive drop following Donald Trump’s surprise announcement of a 50% tariff on EU imports. The sudden macro shock triggered broad risk-off flows, with BTC quickly selling off from local highs near 111.3K and tapping into a key fair value gap around 107.5K. Although we’ve seen a short-term bounce since that low, it’s not a convincing bullish reversal. Momentum remains fragile, and the overall structure still favors caution as we trade within a compression zone formed post-drop.
Key Technical Zones
We’re currently trapped between two major 1H fair value gaps that serve as clear boundaries for market direction. The lower zone around 107.5K has provided temporary support, acting as a reaction point after the dump. This FVG was left behind during the early-May rally and is now being tested for the first time. On the flip side, price was rejected earlier today from the upper 1H FVG at 109.8K to 110.7K, which previously served as the base of the last breakdown candle. That rejection confirms sellers are active at that level, and it’s now acting as resistance.
We’re essentially in a deadlock between demand and supply, and the next break will determine directional bias for the next major leg.
Bullish Scenario
If bulls can reclaim the 109.8K–110.7K area with strength and close above it convincingly, that would indicate demand has absorbed the supply in that zone. Ideally, we’d want to see a clear bullish displacement to confirm strength, not just a weak grind. In that scenario, BTC could make its way back toward the previous highs and retest the higher resistance zone around 112K. This level lines up with a larger supply zone and could become a key magnet if the market shifts risk-on again or if shorts begin to unwind.
Bearish Scenario
On the flip side, if BTC fails to hold the lower FVG and breaks below 109K with a strong bearish candle or wick rejection from the upper range, it opens the door for further downside. The next target would be the clean liquidity pool near 106K, which is supported by a price inefficiency and unmitigated demand just below. This level also aligns with prior consolidation structure and would be a logical place for a deeper retracement following the news-driven shakeout.
Market Context and Decision Point
This is a compression structure formed after a high-volatility event, so it’s important not to get trapped in the middle of the range. Price is coiling between two well-defined FVGs, and whichever one gives way will likely trigger the next expansion move. Look for signs of displacement impulsive candles, clean breaks, and follow-through, to validate which side is in control. Until then, patience is key. Let price choose the path and then follow the momentum.
Price Target and Expectations
✅ Break and hold above resistance FVG → target 112K
🚩 Break and lose the support FVG → target 106K
Conclusion
Bitcoin is stuck in a tight battle between bulls and bears following a heavy news-driven drop. The current 1H FVG range offers a textbook breakout setup, with both sides clearly defined. This is not the time to force trades inside the chop. Wait for a clean break, then position for the follow-through. The resolution of this range will likely dictate direction soon, especially as the market continues to digest the macro developments.
___________________________________
Thanks for your support!
If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀
TradeCityPro | Bitcoin Daily Analysis #100👋 Welcome to the 100th Bitcoin Analysis!
I'm really happy we've shared this 100-day journey together, and I hope you've been able to benefit from these analyses along the way.
💥 Every single analysis I've posted so far has been the basis for real trades that I've taken myself. I'm glad to say the overall result of those trades has been profitable, and I hope your results have been positive too.
⚡️ Today, I want to do a full multi-timeframe breakdown of Bitcoin and other major crypto indices. Let’s dive in and see where the market stands.
💰 Bitcoin Analysis
📅 Weekly Timeframe
As you can see, in the weekly chart, Bitcoin reacted to an ascending curved trendline during its recent correction phase and retraced up to around 72,147.
💫 On the RSI, we also have a key support level at 44.75, which has held again. The combination of this support with the curved trendline has created a potential PRZ (Potential Reversal Zone), and price has since resumed its upward move.
✔️ Last week’s candle managed to close above the resistance at 104,919 for the first time ever. Many in the market expected that a weekly close above this level would trigger a sharp rally toward 130,000 or even 160,000.
📊 However, that hasn’t happened—this week’s candle is still small and lacks strong bullish momentum.
✨ We can now view the range between 104,919 and 108,454 as a resistance zone. Although the price has entered this zone, we haven’t yet confirmed a breakout. That confirmation would come with a weekly close above 108,454.
📈 Despite the strong momentum before breaking ATH, price seems to be losing steam now. That’s not necessarily bad—it’s actually expected, since this area is one of the most important supply zones for Bitcoin and won’t break easily.
🔽 If price gets rejected and this move turns out to be a fakeout, there’s a real possibility of a trend reversal. We’ve got a potential double top forming, which is usually the first signal of a reversal. If price then breaks the 72,147 support, it would confirm the end of the current uptrend. A lower high and lower low afterward would confirm a new downtrend.
⭐ At this point, I can’t give you a new spot-buy trigger in this timeframe. The trigger was around the curved trendline. Since price has moved away, we need to wait for a new setup to form.
Let’s check lower timeframes for more detailed price action.
📅 Daily Timeframe
In the daily chart, after getting support at 76,087, price started moving up and with the breakouts of 87,700 and 91,953, the bullish phase began.
🔍 Currently, price is holding above 106,250 with increasing volume since the 91,953 breakout. Everything looks ready for Bitcoin to begin its main move and enter an extension leg up.
🚀 If this happens, price could target 129,000 and even 150,000. RSI will be key for confirmation—if it re-enters Overbought territory and holds above 77.81, higher targets become more likely.
🛒 The previous spot-buy triggers I gave were at 87,700 and 91,900. If you entered with those, I recommend holding for now and waiting for signs of a trend change before taking profits.
🔔 If you didn’t buy earlier, I can’t provide a new entry just yet—we need to wait for a new structure and trigger to form.
🔽 For now, I still see the trend as bullish. A bearish scenario would require a fakeout below 106,250—if price drops and forms a lower high and lower low, the uptrend would be over and a downtrend would begin.
⏳ 4-Hour Timeframe
After breaking 106,250, price rallied to 111,826 and is now pulling back to 106,250.
✔️ RSI is holding above its local support at 44.48, and as long as it stays above that level, market momentum remains bullish.
📈 You can consider entering a long on a pullback to 106,250. A breakout above 111,826 would be the main trigger for a new long.
🔑 Right now, there’s no valid reason to short, so it’s best to wait for a clear bearish structure before considering that.
👑 Bitcoin Dominance (BTC.D)
📅 Weekly Timeframe
After several green weekly candles, BTC.D printed a large red candle, pulling back toward the midline of its ascending channel and rejecting from 64.77. However, it’s now moving back up again.
💥 With this strong momentum, there’s a good chance BTC.D could break out of the channel. If 64.77 breaks, we could see a push toward 71.04.
⚡️ To confirm a bearish reversal in BTC.D, we’d need to see a breakdown below the lower trendline of the channel. That would likely signal the start of an altseason.
📅 Daily Timeframe
BTC.D has been in an uptrend and even broke above its channel briefly. But after hitting 65.31, it started a correction and dropped to the midline at 62.22.
🎲 It quickly bounced from 62.22 and is now moving upward again. Given the bullish structure, it could retest the 65.31 high.
📈 If it forms a lower high and breaks below 62.22, that would confirm a trend reversal. A breakout above 65.31 would confirm continuation of the uptrend.
⏳ 4-Hour Timeframe
BTC.D rallied to 64.31 and is now trying to retest that level. If it breaks above 64.31, the next target is 65.41.
🧲 If it forms a lower high and breaks 63.51, we’d get a confirmation that the bullish leg has ended, increasing the chances of a move to 62.17.
✔️ Total2 (Altcoin Market Cap Excluding BTC)
📅 Weekly Timeframe
After breaking the curved trendline, Total2 fell to around 816B before bouncing alongside Bitcoin.
⚡️ Currently, it’s ranging between 1.15T and 1.26T for the past three weeks.
🧩 If price breaks this range, it could rally toward 1.61T, which is the most important supply zone for Total2. A breakout here would likely trigger a strong altcoin rally.
🛒 If that breakout coincides with a drop in BTC.D, it would be an excellent spot-buy opportunity for altcoins.
📊 If the current rally fails to reach 1.61T and forms a lower high, another drop toward 816B is likely. This time, the chance of breaking that support would be high—confirming a trend reversal.
📅 Daily Timeframe
Price is stuck in a range between 1.15T and 1.26T.
🔼 A breakout from either side would likely lead to a strong move. A break below 1.15T could extend the decline toward 861B, while a break above 1.26T would target 1.62T.
⏳ 4-Hour Timeframe
Same structure as the daily chart. Long trigger = 1.26T breakout. Short trigger = 1.15T breakdown.
🔑 If price forms a higher low and starts moving back up, the likelihood of breaking 1.26T increases. The next target would be 1.33T.
✔️ USDT Dominance (USDT.D)
📅 Weekly Timeframe
USDT.D is ranging between 3.78 and 6.22.
📉 It recently formed a lower high below 6.22 and broke below 5.06, now heading toward 3.78.
🤔 If USDT.D drops to 3.78, we could see a major market rally—Bitcoin might move toward 130,000 or 160,000.
🚀 If 3.78 breaks, the next support is at 2.53, which would mark the start of a major bull run.
📅 Daily Timeframe
USDT.D has hit support at 4.40 and is now approaching a descending trendline that’s been holding since the 6.22 top.
📈 If that trendline breaks, the trigger is at 4.70. A breakout here could lead to a move to 5.02.
🔽 If price gets rejected again, the short trigger is at 4.40, and the next support is at 3.81.
⏳ 4-Hour Timeframe
Support at 4.38 has held, and price is now above 4.50 and approaching the trendline.
🎲 If 4.50 fails and price drops to 4.40, a break below 4.40 confirms a bearish continuation.
📊 If the trendline breaks, use 4.74 as your confirmation trigger.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Bitcoin Be Setting Bull Trap?_Breakout Without High VolumeBitcoin ( BINANCE:BTCUSDT ) started to fall yesterday after forming a new All-Time High(ATH) with high volume , but started to rise again. One of the reasons for Bitcoin’s sudden drop yesterday was the sharp drop in the S&P 500 ( SP:SPX ) index .
First of all, I must say that Bitcoin’s situation is a bit complicated and difficult to analyze , so pay more attention to money management. Be prepared for any scenario.
Bitcoin is trading above the Resistance zone($109,588-$105,820) and near the Resistance lines and Cumulative Short Liquidation Leverage($113,020-$111,833) . What is worrying is that the break of the Resistance zone($109,588-$105,820) was NOT accompanied by high volume , suggesting a bull trap is possible .
I see a correction to at least Cumulative Long Liquidation Leverage($109,972-$108,609) given the low breakout volume for Bitcoin and the large sell orders in the upper prices for Bitcoin .
--------------------------------------------
Today, the Flash PMI data from the U.S . came in stronger than expected:
Flash Manufacturing PMI: 52.3 (vs. forecast 49.9, previous 50.2)
Flash Services PMI: 52.3 (vs. forecast 51.0, previous 50.8)
Analysis :
Both numbers exceeded expectations, signaling stronger economic activity in the U.S. This is bullish for the USD( TVC:DXY ) and could put short-term downward pressure on Bitcoin, as it lowers the chances of near-term Fed rate cuts.
--------------------------------------------
Do you think Bitcoin is completing a Bull Trap or should we expect Bitcoin to increase further?
Note: If Bitcoin breaks above $114,500 with high momentum, we can expect Bitcoin to rise to near $119,000.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC - Another Potential Bearish PatternHere I present my second alternative for a Bearish case for Bitcoin.
Per my previous posts I explain in detail the interest in recollecting liquidity in these lower zones. Previously I presented pathways to the uber lows at 7,000-10,000 - however this is another possible case.
I believe Bitcoin can see a drop from 109,200 straight down to 19,000-20,000
Why?
1. Major Volume support at this level
2. Major liquidity pools in confluence with this level
3. Price would form a W bottom with a higher low - which aligns with DXY breaking down on the monthly time frame. We can use DXY to project a bull market spanning 2-5 years (weakening dollar = more interest in deflationary assets such as Bitcoin)
4. Per the note above, it’s unlikely that BTC continues straight up without a sharp drop. The way this market works is to a large degree with leverage trading. The market and exchanges desperately want to shake out these longs, especially if we consider a 2-5 year bullish forecast through a macro view.
5. Confluence with this diagonal trendline which shows a clear support / resistance structure (note the Bitcoin chart is formed via diagonal ascending support and resistance lines - we can demonstrate this clearly and repeatable by duplicating the correct trendline and seeing how it forms the chart at any location)
Personally, I am shorting Bitcoin from 109,000 - and am expecting to see a fast drop through the rest of the weekend.
I will watch what the price does, where it reacts and interacts, and attempt to get a head start on understanding the true bottom before this “true” bull cycle begins.
Happy trading
Is It Time to Enter, or time to escape?One green candle is all it takes to trigger thousands of minds into thinking
Should I jump in now?
But is this truly a good entry point, or are you just afraid of missing the move?
Let’s break down how psychology tricks us into bad trades—and how to fight back with real chart data.
Hello✌
Spend 3 minutes ⏰ reading this educational material.
🎯 Analytical Insight on Bitcoin:
📈 Bitcoin is currently respecting a well-structured ascending channel, with price action aligning closely with a key Fibonacci retracement level and a major daily support zone—both acting as strong technical confluence. Given the strength of this setup, a potential short-term move of at least +6% seems likely, while the broader structure remains supportive of an extended bullish scenario toward the $116K target. 🚀
Now, let's dive into the educational section ,
📉 Why Do We Buy More When Markets Are High?
It’s a simple question—but the answer runs deep into our psychology. When a crypto pumps, and we’re not in it, our brain doesn’t analyze—it rationalizes:
"If I don’t buy now, I’ll miss out."
But most people who think like this enter at the top—and exit with regret .
🧠 The Psychology of FOMO and Poor Timing
In every rally, a large chunk of entries are triggered by FOMO (Fear of Missing Out).
But buying high means you're buying from those who bought lower.
And here's the trick: your brain loves the green candles—but ignores volume drops, RSI spikes, or exhaustion signals.
🛠 TradingView Tools to Spot Smart Entry Points
When it comes to entering a position, emotions are your worst advisor. Fortunately, TradingView offers powerful tools to help you act based on evidence, not instinct. Here’s how to use them:
🔹 Trend-Based Fib Extension: One of the best tools to estimate how much room a move still has. Plot it on the previous wave to identify realistic targets.
🔹 RSI (Relative Strength Index): When RSI is over 70 or under 30, you’re in emotional territory. Be careful—buying during peak RSI often means you're entering late.
🔹 MACD: Look for crossovers between lines and histogram patterns. Use it as confirmation—not a solo trigger—for entries.
🔹 Volume Profile: This hidden gem on TradingView shows you where most trading volume has occurred. Buying at volume-supported levels is way safer.
🔹 Alerts & Watchlists: Don’t glue yourself to the chart. Set alerts for your conditions and build smart watchlists to stay updated.
🔹 Replay Mode: Want to master entries without risking real capital? Use Replay Mode to test strategies and train your eyes.
If you want to replace "guessing" with "planning," these tools should be your daily companions.
🔍 5-Point Checklist Before You Hit "Buy"
Ask yourself these five questions before entering a trade:
Is the broader trend actually bullish—or is this just a short-lived bounce?
What does RSI or other indicators say about overbuying?
Are there major support/resistance zones nearby?
Is the volume confirming the move—or fading out?
Do you have a target and stop in place—or just a “need to be in”?
📊 No Plan Entry = Planned Loss
If you jump in without a clear plan, your only focus becomes: “Am I in profit yet?”
Not “Is my strategy playing out?”
And that’s the trap.
A solid entry means you have a signal, a plan, and controlled risk.
🧲 How to Avoid Getting Pulled Into Fake Rallies
Always check higher timeframes for confirmation
Don’t enter without volume agreement
Plan entries after pullbacks, not mid-hype
Think in probabilities, not dreams
🧭 Final Takeaway & Recommendation
Opportunities never end in the market.
Opportunities never end in the market.
Opportunities never end in the market.
Opportunities never end in the market.
Opportunities never end in the market.
Opportunities never end in the market.
Opportunities never end in the market.
i should write this thousand of time ☝️
But rushing in only guarantees missed ones.
Use your tools and stay calm.
The trader who plans always beats the one who panics.
always conduct your own research before making investment decisions. That being said, please take note of the disclaimer section at the bottom of each post for further details 📜✅.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
BTC - Can BTC push past $109k in this rising channel?Bitcoin has been trading within a clearly defined upward channel since the beginning of April. This rising channel is characterized by three touchpoints on both the upper and lower trendlines, indicating a consistent pattern of price movement within these boundaries.
Approaching key resistance
Currently, BTC is approaching a critical resistance level near the $109,000 mark, which coincides with its previous all-time high. This level represents a significant psychological and technical barrier, as it was the peak of the last major bull cycle. The price is now testing this resistance while still remaining within the rising channel. The confluence of the upper channel resistance and the historical all-time high makes this a decisive moment for Bitcoin's price action.
Bullish breakout
A rejection from this resistance zone could lead to a temporary pullback, potentially towards the lower boundary of the rising channel. This would not necessarily signal the end of the bullish trend, but rather a healthy consolidation within the established structure. However, a confirmed breakout above the $109,000 level, especially if supported by strong volume and bullish momentum, would likely signal a significant shift in market dynamics. Such a breakout would validate the strength of the current uptrend and could open the door for new all-time highs. In that scenario, the $109,000 level would likely flip from resistance to support, becoming a crucial area for bulls to defend on any future retests.
Bearish breakout
On the downside, traders should also be aware of the implications of a breakdown below the rising channel. The lower boundary of the channel, currently located around $104,000, is an important technical level to watch. A decisive break below this level could indicate a loss of short-term bullish momentum and may trigger a deeper retracement. In such a case, BTC would likely target the imbalance zone between $97,500 and $100,500, a region where price moved rapidly in the past without establishing strong support or resistance. This zone could serve as a critical area for buyers to step in and attempt to reestablish bullish control, potentially setting the stage for another rally toward the $109,000 resistance and a renewed attempt at a breakout.
Conclusion
In summary, Bitcoin is currently at a pivotal juncture. The upward channel that has guided price action since April remains intact, but BTC is now confronting a major resistance zone at its previous all-time high. Whether price breaks through to new highs or experiences a pullback will depend on the strength of market momentum and the behavior of buyers and sellers at these key levels. Traders and investors should remain vigilant and prepared for both scenarios, as the next move could set the tone for Bitcoin’s trajectory in the coming weeks.
Thanks for your support.
- Make sure to follow me so you don't miss out on the next analysis!
- Drop a like and leave a comment!
BITCOIN - Price will continue to grow inside rising channelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Price started to grow inside rising channel, where it declined to support line and then bounced up to $93100 level.
BTC broke this level at once and then some time traded near, after which bounced and continued to grow.
Soon BTC made a correction, but quickly turned around and later rose to $104900 level, after which started to decline.
After price fell a little, it made an upward impulse to resistance line of channel, breaking $104900 level.
But not long time ago, BTC bounced from this line and started to decline, so I think that price can continue to fall.
Also, I expect that price will fall to support area and then turn around and continue to grow in channel to $113700
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BTC Macro Cycle Still Intact Key Retest Zone Before Final LegBTCUSDT has sustained a well structured bullish formation since early 2024, consistently reacting to key trendline levels with precision. The initial major impulse started from the $38,545 region, rallying towards the $73,660 high, where the market faced rejection and confirmed a critical resistance zone. Several retests followed within the upper structure, with each rejection forming part of a larger consolidation before a decisive breakout occurred.
The most recent breakout above the $101K mark has confirmed renewed strength and continuation of the bullish cycle. We now expect a projected retest between the $106K–$110K zone, which should serve as the springboard for the next impulsive move. If this retest holds, the setup remains valid, and the bullish leg is expected to extend towards the confluence resistance zone around $123,420, $136,000, and $149,450. This upper range is likely to act as the final target area for the current cycle before any significant macro correction sets in.
The most strategic re-accumulation opportunity lies around the $100,000–$101,000 region, which aligns with the anticipated retest zone and key structural support. A successful hold in this range could offer a high probability entry ahead of a strong continuation move.
Feel free to share your insights on this setup. Let's engage in the comments and grow together. Your likes and support are greatly appreciated.
Thank you for taking the time to go through this!
BTC - Will BTC revisit $102k or is a pump imminent?Bitcoin (BTC) has been in a consolidation phase for an extended period, marked by a lack of strong directional momentum and characterized by ranging price action. This type of market environment often leads to both liquidity grabs and choppy movement, and traders need to remain especially vigilant about key levels and structure shifts.
Liquidity grab
Yesterday, BTC managed to sweep the recent highs, grabbing liquidity above a short-term resistance zone before reversing and moving lower. This move appears to have been a classic stop-hunt or liquidity sweep, which was followed by a strong rejection. As price moved down from those highs, it left behind an unfilled gap on the 15-minute chart, what many refer to as a Fair Value Gap (FVG). This gap now acts as a magnet for price and is a key area to watch as we approach it again.
Market structure
On the 1-hour timeframe, BTC has now printed a lower low, suggesting a short-term shift in market structure to the downside. This structural break opens up the possibility for a lower high to form, setting up a classic trend continuation scenario. From a technical standpoint, the expectation would be for BTC to now create a lower high and then push lower, potentially targeting the range lows from yesterday and today. This provides an opportunity for a short setup with a favorable risk-to-reward (RR) ratio, estimated to be around 3:1, if the entry and stop are managed around the key resistance and structural levels.
Fibonaccy that aligns with the FVG
Currently, BTC is sitting at the Golden Pocket, the region between the 0.618 and 0.65 Fibonacci retracement levels. This area often serves as a reaction zone for price, and we are seeing some hesitation here. Interestingly, this Golden Pocket sits just below the aforementioned 15-minute FVG, and price appears to be gravitating toward this inefficiency, potentially looking to fill it before making a more decisive move.
What adds to the confluence at this level is the 0.786 Fibonacci retracement, which aligns almost perfectly with the top boundary of the Fair Value Gap. While many traders look to enter short positions at the 50% mark of the FVG, this added confluence makes the 0.786 + FVG top zone a more compelling entry point. This would allow for a tighter stop just above the gap or structure high, and thus improves the risk-to-reward ratio slightly compared to a more conservative FVG entry.
Conclusion
In summary, the plan would be to wait for BTC to either fill the FVG and reach the 0.786 level or show strong rejection signs there. A rejection from this zone would confirm the lower high thesis and offer a solid short setup aiming for a move back to the range low. With the current setup, market structure, and confluence levels lining up, this trade idea presents a tactical opportunity with clear invalidation and high RR potential.
Bitcoin may break support level and fall to support lineHello traders, I want share with you my opinion about Bitcoin. In this chart, we can see how the price a few moments ago declined, but then turned around and started to grow inside an upward wedge. Price at once rebounded from the support line of the wedge and made an upward impulse to the support level, which coincided with the buyer zone, after which it broke it and made a retest. Then BTC rose to the resistance line, after which it corrected to the 100900 support level and then started to slowly grow in the wedge. Some time later, Bitcoin rose to the current support level, which coincided with the support area and even climbed a little higher to the resistance line of the wedge, but soon dropped to the support line. Next, price turned around and made an upward impulse from this line, breaking the 105800 level, and at once made a retest. After this movement, BTC continued to grow and reached the resistance line of the wedge, but recently it rolled down, so now I expect that the price can rise a little. After this movement, in my opinion, BTC can drop to the support line of the wedge, breaking the current support level. Therefore, I set my TP at this line - 104200 points. Please share this idea with your friends and click Boost 🚀
Bitcoin – Possible 4h Sweep at 106.5kBitcoin recently printed a sharp rejection after revisiting a key supply area formed by a 4H fair value gap, overlapping perfectly with the golden pocket zone from the most recent down move. This confluence provided a strong technical ceiling, causing a clear reaction and shifting short-term sentiment to the downside. The rejection was sharp and clean, leaving behind an upper wick that signals strong selling interest. From here, price appears to be in search of support, and our eyes are now locked on the 4H imbalance around the 108.2k level, which could serve as a key pivot for the next directional move.
Consolidation and Confluence Structure
This recent move isn’t just a random drop. We’ve built a range around this resistance zone, with multiple failed attempts to break higher, followed by a clear rejection from inside the 4H FVG and golden pocket. This kind of structure usually tells us two things: first, buyers are struggling to break through strong institutional resistance, and second, there’s still liquidity left below that the market may want to sweep before any continuation higher. This is where the FVG at 108.2k and the PDL around 106.5k come into play. Both zones are clean, visible, and highly likely to draw price if the current level doesn’t hold.
Fair Value Gap Reaction Potential
The 108.2k zone is where the first major reaction could occur. It marks a fresh 4H imbalance created during the impulsive move upward, and price is now backfilling that inefficiency. If buyers step in here, respecting this imbalance as a demand zone, we could easily see a rotation back up toward 110.2k and eventually a retest of the upper resistance band near 111k. This would be a typical FVG play: price rebalances into the gap, finds demand, and continues higher.
Failure Scenario and Liquidity Sweep Setup
If the 108.2k FVG fails to hold as support, the next target becomes much more obvious, the previous day’s low at 106.5k. That level is also a 4H swing low, making it a prime liquidity draw. A move below that low would allow price to collect sell-side liquidity, sweep out late longs, and potentially trap breakout traders expecting further downside. If this level is swept cleanly and followed by bullish displacement, it could offer a high-probability long entry from the discount zone. The risk-reward from this setup would be ideal, especially if we reclaim 108.2k afterward.
Market Context and Higher Timeframe Bias
Zooming out, the structure remains bullish on higher timeframes, but this local rejection is a necessary reset. It’s a shakeout that allows price to reprice into demand and generate momentum for the next leg up. This kind of behavior is typical in trending markets, corrective moves that dig into inefficiencies, hunt liquidity, and then reestablish the trend. As long as we don’t see sustained closes below 106k, the bias remains tilted toward continuation to the upside, with current price action offering a potential entry opportunity.
Price Target and Expectations
If we hold the 108.2k zone, my first short-term target is the 110.2k structure high, followed by the upper resistance area around 111k where the initial rejection occurred. A reclaim of that zone opens the door to expansion toward 112k. If instead we sweep the PDL and bounce from 106.5k, the first target would be a retrace into the 108.2k imbalance, with the next leg aiming for the same resistance range. Either path sets up a long opportunity from areas of value.
Conclusion
Bitcoin is at an important decision point. The rejection from the 4H FVG and golden pocket confirms strong resistance, and price is now seeking support lower. The 108.2k FVG is a critical zone, a hold here gives us a clean continuation setup, while a failure could lead to a deeper liquidity sweep toward 106.5k. Either scenario offers high-quality trade potential as long as we stay disciplined and wait for confirmation from price action. Patience is key, but both levels present opportunities to position long from areas where smart money typically steps in.
___________________________________
Thanks for your support!
If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀
Mastering the Death cross and Golden cross - How to use it!In this guide I will discuss the Death crosses and Golden crosses. The next subjects will be described:
- What SMA to use?
- What is a Death cross?
- What is a Golden cross
- Is a Death cross always bearish and a Golden cross always bullish?
- How did the Death crosses and Golden crosses play out this cycle?
What SMA to use for Deathcross and Golden cross on the daily timeframe
In technical analysis, when identifying Golden Crosses and Death Crosses on the daily timeframe, the most commonly used moving averages are the 50-day and the 200-day simple moving averages (SMA). The 50-day moving average represents the average closing price of an asset over the past 50 trading days and reflects medium-term market trends. The 200-day moving average, on the other hand, represents the average over a longer period and is used to gauge the broader, long-term trend.
What is a Deatch cross?
A death cross is a bearish technical analysis signal that occurs when a short-term moving average crosses below a long-term moving average. Most commonly, it refers to the 50-day simple moving average crossing below the 200-day simple moving average on a daily price chart. This crossover suggests that recent price momentum is weakening relative to the longer-term trend, which can be an early indication of a potential downtrend or extended period of market weakness.
The death cross is often interpreted as a sign of increasing selling pressure and a shift in investor sentiment toward caution or pessimism. While it does not predict immediate declines, it is closely watched because it has historically preceded some significant market downturns. However, like all technical indicators, it is not infallible. Since it is based on past price data, the death cross is a lagging indicator, meaning it often appears after a downward trend has already begun.
What is a Golden cross?
A golden cross is a bullish technical analysis pattern that signals the potential beginning of a long-term uptrend. It occurs when a short-term moving average, typically the 50-day simple moving average (SMA), crosses above a long-term moving average, most commonly the 200-day SMA, on a daily price chart. This crossover suggests that recent price momentum is strengthening in relation to the longer-term trend, indicating growing investor confidence and increasing buying interest.
The golden cross is widely viewed as a positive signal by traders and investors, often marking a shift from a downtrend or consolidation phase to a more sustained upward movement. It reflects a change in market sentiment where shorter-term gains begin to outweigh longer-term losses.
Is a Death cross always bearish and a Golden cross always bullish?
The death cross is not always a purely bearish signal. While it reflects that price momentum has shifted to the downside, it's important to remember that moving averages are lagging indicators. By the time the crossover occurs, much of the downward move may already be priced in. As a result, it's common to see a relief rally shortly after the signal appears. This bounce can catch traders off guard, especially those who enter short positions expecting immediate continued weakness.
On the other hand, the golden cross often sparks a wave of bullish sentiment. Many traders see it as confirmation of a strong uptrend, leading to increased buying pressure. However, just like with the death cross, the lagging nature of the signal means that much of the initial move may have already happened. It's not unusual for the price to stall or even retrace shortly after the crossover, especially if the market has become overextended. In both cases, the market often reacts in a counterintuitive way in the short term, which is why these signals are best used alongside other tools and indicators.
How did the Death crosses and Golden crosses play out this cycle?
In this cycle, we’ve seen three death crosses and three golden crosses on the daily timeframe, with a fourth golden cross currently in the making. Interestingly, all three of the previous death crosses have not led to sustained downside as many might expect. Instead, each one has marked a local bottom, followed by strong upward movement in the weeks and months that followed. These signals, rather than being a reason for bearishness, turned out to be contrarian indicators. The most recent death cross occurred when Bitcoin was trading around 80k. From there, it managed to rebound impressively, climbing back above 111k, a clear reminder that death crosses, especially in this cycle, have not been reliable signals for further downside.
The golden crosses, on the other hand, have behaved a bit differently than usual in this cycle. The first golden cross actually marked a local top, with Bitcoin facing rejection shortly after. During the second golden cross, price action was more neutral, BTC moved sideways for a period before eventually continuing its upward trend. The third golden cross was followed by only a shallow pullback, after which Bitcoin pushed to new all-time highs.
Now, we are approaching the formation of the fourth Golden cross. Based on the pattern of past crosses and current market sentiment, a minor pullback could be on the horizon. It’s not guaranteed, but given the level of euphoria in the market right now, some cooling off would not be surprising. Even if a pullback does occur, the larger trend remains intact, and this golden cross may end up reinforcing that momentum.
Thanks for your support.
- Make sure to follow me so you don't miss out on the next analysis!
- Drop a like and leave a comment!
BTC hits ATH – But this hidden signal could ruin the rally!Bitcoin (BTC) has been in a steady and impressive uptrend over the past two months, with nearly seven consecutive weekly green candles forming on the chart. This sustained bullish momentum signals strong buying pressure and growing confidence among market participants. Such a consistent rally is rare and often indicates a broader shift in sentiment, suggesting that Bitcoin may be entering a new phase in its market cycle.
Price discovery
Recently, BTC broke through its previous all-time high (ATH) of 110K on the lower timeframes, a significant technical development. This breakout means BTC is now trading in price discovery territory, where there is no historical resistance to guide price action. While this opens the door for further gains, traders should remain cautious. Upcoming daily and weekly candle closes will be critical in determining whether this breakout is sustainable. For the move to be confirmed, Bitcoin needs to close multiple weekly candles above the previous ATH. If instead, the price falls back below the ATH on either this weekly close or the next, it could introduce downward pressure and potentially signal a failed breakout.
As we navigate this pivotal moment, it's crucial not to get swept up in the euphoria. While the price action is undoubtedly bullish, certain technical indicators warrant close monitoring to avoid complacency. In particular, the weekly Stochastic RSI and the weekly RSI are now at levels that deserve attention.
Stochastic RSI
The weekly Stochastic RSI is entering overbought territory, even before this week’s candle has closed. This suggests strong bullish momentum is currently driving the market. However, history shows that when the Stochastic RSI enters the overbought zone, it often marks areas where it was wise to take partial profits. If the blue and orange lines on the Stochastic RSI begin to cross back below the 80 level, it could indicate a weakening of momentum and the possibility of a short-term correction. That scenario becomes more likely if Bitcoin fails to continue making higher highs in the weeks ahead.
Relative Strenght Index (RSI)
Meanwhile, the Relative Strength Index (RSI) is approaching a critical resistance trendline. In previous market highs, we’ve seen the RSI top out at 89, followed by a high of 80 despite new highs in BTC’s price, a classic case of bearish divergence. If Bitcoin fails to push significantly higher in the coming weeks and the RSI does not break above the 80 level, we could be looking at a potential triple bearish divergence. This would be a strong warning signal that momentum is waning, and it could lead to a broader correction.
For this reason, it is crucial that Bitcoin continues to push upward with conviction. The RSI must break through its historical trendline and post a new high above 80 in order to invalidate the threat of bearish divergence. Should the market fail to do so and instead roll over, we may experience increased volatility and downside pressure as we move into the summer months.
Conclusion
In conclusion, while Bitcoin is exhibiting powerful bullish behavior and appears poised for further gains, the sustainability of this rally hinges on continued momentum and strong technical follow-through. Specifically, Bitcoin must maintain closes above its previous all-time high, avoid a bearish cross on the Stochastic RSI, and see the RSI break above its recent highs to neutralize the threat of bearish divergence. If these conditions are not met and momentum fades, the market may face a period of consolidation or correction in the near term. Staying vigilant and objectively monitoring these indicators will be essential for navigating what comes next.
Thanks for your support.
- Make sure to follow me so you don't miss out on the next analysis!
- Drop a like and leave a comment!
BITCOIN → False breakout of 110K. Negative background???BINANCE:BTCUSDT.P hit a new all-time high of almost 112K on the back of improved economic and fundamental data, but the party didn't last long before Trump's next speech...
Yesterday, Trump spoke and announced new tariffs on the EU. The markets reacted quite aggressively to this news. Despite the fact that the market has practically bought back all the losses, the question itself remains open. The introduction of 50% tariffs on Europe will increase the risk background, which could trigger a fall in both the stock market and cryptocurrencies. In this case, money will flow into gold (a safe asset)...
Technically, Bitcoin is forming a false breakout of the global resistance level of 110K (previous ATH). The price is reacting and forming a bearish momentum (coinciding with the change in the fundamental background).
The area between 109.8 and 110.3 is a resistance and liquidity zone relative to the previous ATH. If the bears hold the resistance, Bitcoin may get stuck inside the 110K - 106.8K (105K) range.
Resistance levels: 109.8K, 110.3K, 112K
Support levels: 106.8K, 105K
Accordingly, if the 110K resistance holds amid the correction, consolidation below the resistance will confirm the formation of a false breakout, and in this case, Bitcoin may move to the 110K (112K) - 105K (102K) range. However, situations change daily, and if Bitcoin does break through 110K and manages to consolidate above its previous ATH, this will be a signal for growth...
Best regards, R. Linda!
Bitcoin’s Pump to NEW ATH($109,845) Ends in High-Volume ReversalBitcoin ( BINANCE:BTCUSDT ) moved towards the targets as I expected in my previous idea , although it faced pump and dump moves in reaching the targets .
Bitcoin managed to create a new New All-Time High(ATH=$109,845) but immediately began to decline on high volume .
Bitcoin is trading in the Resistance zone($109,588-$105,860) and near the Resistance lines , Monthly Resistance(2) .
In terms of Elliott Wave theory , Bitcoin was able to complete main wave 5 .
I expect Bitcoin to fall to at least $102,200 AFTER breaking the Support zone($105,100-$104,140) , and the possibility of further declines is very high .
Also, on the 1-hour timeframe of the USDT.D% ( CRYPTOCAP:USDT.D ) chart, a bullish and regressive Falling Wedge pattern is visible , with its upper line broken.
Do you think Bitcoin can finally create a NEW All-Time High(ATH) Again!?
Note: If Bitcoin touches $110,100, we should expect a pump.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Fair Value Gap (FVG) in Crypto: The Complete Guide🔸Introduction:
In financial markets in general—and the crypto market in particular—understanding market liquidity and imbalance zones is essential for building successful trading strategies. One of the most prominent modern price analysis concepts, especially within the Smart Money Concepts (SMC) framework, is the Fair Value Gap (FVG). This refers to a price imbalance between buyers and sellers.
🔸What is the Fair Value Gap (FVG)?
A Fair Value Gap is an area on the price chart that shows an imbalance between supply and demand. It occurs when the price moves rapidly in one direction without being fairly traded within a balanced price range. This usually happens due to the entry of large players or “smart money,” creating a gap between three consecutive candlesticks on the chart.
Classic Bullish FVG Setup:
Candle 1: A bearish or neutral candle.
Candle 2: A strong bullish candle (usually large).
Candle 3: A bullish or neutral candle.
🔸Where is the Gap?
The gap lies between the high of candle 1 and the low of candle 3.
If candle 3 does not touch the high of candle 1, an unfilled price gap (FVG) is present.
🔸How is FVG Used in Market Analysis?
Traders use Fair Value Gaps as potential areas for:
Entering trades when the price returns to retest the gap.
Identifying zones of institutional interest.
Setting potential targets for price movement.
🔸Common Scenario:
If a strong bullish candle creates a Fair Value Gap, the price often returns later to retest that gap before continuing its upward movement.
The gap can be considered "delayed demand" or "delayed supply".
🔸🔸Types of FVG:🔸🔸
🔸Bullish FVG:
Indicates strong buying pressure.
The price is expected to return to the gap, then bounce upwards.
🔸Bearish FVG:
Indicates strong selling pressure.
The price is expected to return to the gap, then continue downward.
🔸Relationship Between FVG and Liquidity:
Fair Value Gaps are often linked to untapped liquidity zones, where buy or sell orders have not yet been fulfilled. When the price returns to these areas:
Institutional orders are activated.
The price is pushed again in the primary direction.
🔸How to Trade Using FVG (Simple Entry Plan):
Steps:
Identify the overall trend (bullish or bearish).
Observe the formation of an FVG in the same direction.
Wait for the price to return and test the gap.
Look for entry confirmation (like a reversal candle or a supporting indicator).
Set your stop loss below or above the gap.
Take profit at a previous structure level or the next FVG.
🔸🔸Real-World Examples (Simplified):🔸🔸
🔸Bullish Example:
A strong bullish candle appears on BTC/USD.
A gap forms between $74K and $80K.
The price rises to $108K, then returns to 74K$ (inside the gap).
From there, it begins to rise again.
🔸Important Tips When Using FVG:
Don’t rely on FVGs alone—combine them with:
-Market Structure.
-Support and resistance zones.
-Confirmation indicators like RSI or Volume Profile.
-Best used on higher timeframes (15m, 1H, 4H, Daily).
-The gap can be filled the same day or after days/weeks.
🔸Conclusion
The Fair Value Gap is a powerful analytical tool used to identify zones of institutional interest. It plays a key role in the toolset of professional traders who follow smart money principles. By mastering this concept, traders can improve entry and exit timing, reduce risk, and increase their chances of success.
Best regards Ceciliones🎯
Bitcoin (BTC/USDT) – Flag Breakout Points to $114KHello guys!
Bitcoin continues to respect the bullish structure within its ascending channel, and we just got a clean breakout from a textbook bull flag.
After a solid move higher earlier this month, BTC cooled off inside a tight flag pattern, consolidating above $106K. That pullback helped reset momentum, and now we’ve broken out with conviction.
You can read about it here:
We’re currently hovering around $ 109.8 K. A short-term retest of the breakout zone near $108K–$108.5K wouldn’t be surprising. it could even offer a great entry opportunity before the next leg up.
If momentum holds, the projected target from this flag pattern lands in the $113.5K–$114K zone.
watch these:
Support: $107.5K–$108.5K
Target: $114K
Invalidation: Break below $107K
Bias remains bullish unless we lose the channel structure.
TradeCityPro | Bitcoin Daily Analysis #97👋 Welcome to TradeCity Pro!
Let’s go over the Bitcoin analysis and key crypto indices. As usual, I’ll be reviewing the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see, a Double Bottom pattern activated yesterday, and the price has returned to the 106422 zone.
✔️ We previously had a support at 102882, but since the price wasn’t respecting it consistently, I’ve removed it. If price shows solid support there again, I’ll reintroduce the level.
🔍 Currently, the first trigger for a long position is 106422. This is a highly critical level and represents the main resistance for Bitcoin. If it breaks, there’s a strong chance for a sharp upward move.
✨ The first support in the way is 104800, which isn’t very strong. If a correction occurs, this level is likely to break. The main support remains at 101628.
📈 A break below 101628 would confirm a bearish reversal, and we could even consider opening a short position. The next support below that would be at 99225.
📊 Market volume has significantly increased over the past few days. This spike in volume suggests that a sharp move is likely. Using our trigger levels, we’ll be able to determine whether it’s an upward or downward breakout.
👑 BTC.D Analysis
Bitcoin dominance is still below the 64.04 zone and appears to be consolidating.
💥 The 64.04 level is highly sensitive. A breakout would signal a bullish shift in dominance, while a rejection would suggest the downtrend will resume.
⚡️ We’ll get confirmation of further downside if 63.71 breaks. Below that, the next support levels are at 63.30 and 62.65.
📅 Total2 Analysis
Yesterday, Total2 reacted to the 1.16 support and moved upward to 1.20.
💫 A break above 1.20 today would confirm bullish continuation. A drop below 1.16, however, would confirm the continuation of a broader correction.
📅 USDT.D Analysis
Yesterday, the 4.70 level was faked out, and the chart fell back into the range box.
🎲 I believe the chances of breaking below the range bottom have increased. Key bearish triggers are at 4.57 and 4.51. On the flip side, another break above 4.70 would confirm renewed bullish momentum for USDT dominance.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Bitcoin Potential UpsidesHey Traders, in today's trading session we are monitoring BTCUSDT for a buying opportunity around 105,000 zone, Bitcoin is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 105,000 support and resistance area.
Trade safe, Joe.
BTCUSD 19.05.2025 Bitcoin Navigator: BTC Update (May 2025)So the offline tournament is over, I took third place, and I just got back into work mode
In my previous publication ( link ), I outlined possible scenarios for Bitcoin’s price action, leaning towards a correction from around the $98-101k zone down to approximately $88k.
However, the current market situation demonstrates the most optimistic scenario (highlighted in yellow on the chart). At the moment, we're seeing Bitcoin consolidating within a clear range, likely preparing for an upward breakout without a significant correction. This scenario is certainly the most bullish one, yet my inherent skepticism doesn't exclude the possibility of a correction before we reach a new all-time high (ATH).
📌 Key points in the current market situation:
The main question now is not whether we'll achieve a new ATH (as this seems almost inevitable) but rather how we'll get there.
Two scenarios are on the table: a smooth upward trajectory without substantial corrections, or an initial correction followed by a strong breakout.
🔖 Profit Maximization Strategy:
Many traders are shifting their attention towards altcoins, tempted by potentially greater returns. However, it's crucial to remember that higher upside potential also means significantly higher risks (low liquidity, increased manipulation, higher volatility).
I have already chosen the tokens that I am interested in for long time
Also now a new narrative has appeared, Internet Capital Markets (ICM) tokens. If you are interested, write in the comments "interesting ICM"
Best regards EXCAVO
Bitcoin Double-Top & $60K Correction ExplainedPeople are showing Bitcoin producing a double-top or shy higher high and then crashing down to new lows. This is a strong fallacy. Here we can see Bitcoin trading above $102,000 for 12 days before moving higher, this creates a support zone. (Green on the chart.) Bitcoin can easily consolidate above this level before moving higher. All the action in mid-December 2024 and late January 2025 also makes this zone a very strong support zone.
Before Bitcoin trades at $60K or $70K for example, it needs to break below $100,000. For Bitcoin to break below $100,000, it first needs to challenge $102,000 which is a super strong long-term support.
For Bitcoin to move below $102,000, it needs to break below $105,000. What Bitcoin is doing now, is simply consolidating the last advance, preparing for additional growth.
Notice that there is no huge bear volume candle after the new ATH. Also notice that the red candle happened the day after the ATH and not the same day. Bitcoin is not set to crash. Bitcoin will continue growing.
Remember, the FED will lower interest rates next month and this will be the boom (catalyst) that will push the Cryptocurrency market to the stars.
Namaste.