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BTCUSDT trade ideas

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.
Long
by MasterAnanda
10
Bitcoin Bounce on Trump Tariff Delay – Short Setup Still Valid!Bitcoin ( BINANCE:BTCUSDT ) started to fall as I expected in the previous idea , and declined near the Support lines . Bitcoin started pumping after the news that " US President Trump agreed to postpone 50% EU tariffs until July 9th ." Do you think this pumping of Bitcoin will continue? Bitcoin is trading in a Heavy Resistance zone($110,000-$105,800) near the Potential Reversal Zone(PRZ) . From the Elliott Wave theory perspective , Bitcoin appears to be in corrective waves , which is why I am labeling this idea as a ''Short''. The corrective waves structure is of the Expanding Flat(ABC/3-3-5) type. I expect Bitcoin to attack the Support lines once again, and if these lines are broken, it will decline to the Targets I have indicated on the chart. Notes : MicroStrategy bought another 4,020 Bitcoins, but it didn't have much of an impact on the market. If the Bitcoin price falls back below $109,000, about $185 million in long Bitcoin positions will be liquidated . = Attractive for exchanges Bitcoin 2025 Conference to be Held in Las Vegas, Tuesday-Thursday = Could Cause Market Excitement . Note: If Bitcoin touches $112,080, we should expect more pumping. 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.
Short
by pejman_zwin
16
TradeCityPro | Bitcoin Daily Analysis #101👋 Welcome to TradeCity Pro! Let’s dive into the analysis of Bitcoin and key crypto indices. As usual, I’ll go over the futures session triggers for the New York market. ⏳ 1-Hour Timeframe As you can see on the 1-hour chart, after Bitcoin reached the top at 111,747, the market entered a corrective phase and BTC has pulled back to around 106,192. 🔍 For now, I’m not adjusting the 106,192 level because it remains a very strong support zone. If the price reaches this level and shows a solid reaction, we can look for entry triggers on lower timeframes. 💥 Currently, the trigger for a long position is at 109,229. This level previously caused the price to make a lower low, so breaking it could inject strong bullish momentum into the market. 📈 The main long trigger is at 111,747. However, this level is a strong supply zone and won’t be easy to break, so trading this level will be challenging. 📊 On the bearish side, we’re watching the RSI oscillator for a potential entry into the oversold zone. If RSI enters oversold territory, strong bearish momentum may follow and increase the chance of breaking below 106,192. 👑 BTC.D Analysis After a retracement to the 63.50 level, BTC dominance has initiated a new bullish leg, reaching up to 64.32. ⭐ If 64.32 is broken, it confirms further upside toward 64.63. Conversely, if 63.97 breaks, we get confirmation of bearish momentum returning. 📅 Total2 Analysis Total2 is currently forming a descending triangle after being rejected from 1.26T. Price is hovering around the 1.18T support. ⚡️ If 1.18T breaks, we could see a drop toward 1.15T. For a bullish breakout, we need to see a break of the trendline and activation of the 1.22T trigger. 📅 USDT.D Analysis USDT.D is currently trading below 4.62. A break below this level would confirm further downside. 🎲 A break of 4.51 would further confirm a bearish trend in USDT dominance, signaling strength across crypto markets. ❌ 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.
Long
by tradecitypro
6
Bitcoin - This time different ?In 2021-22 bitcoin formed a higher high on weekly chart and then bear run of 2022 started, if we look at the bitcoin current chart the same pattern being formed. Do you think bitcoin will form the similar pattern ? In my opinion it is highly unlikely that bitcoin will see similar pattern, in 2022 the second push was due to overall market euphoria which pushed the price to new high even though bear market was already on (Bitcoin hit new ATH after crashing 55% which is unusual) If we look at the current pattern bitcoin had -30% crash, which is normal between bull runs, so its highly unlikely that bitcoin will similar fate as 2021. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
14
TradeCityPro | Bitcoin Daily Analysis #99👋 Welcome to TradeCity Pro! Let’s go over the Bitcoin and major crypto index analysis. As usual, I’ll cover the key futures session triggers for New York. ⏳ 1-Hour Timeframe As you can see on the 1-hour chart, Bitcoin is still trading below the 111817 level and has formed a support at 110455 after multiple rejections from that resistance. ✔️ If this 110455 level breaks, we could see a deeper pullback toward 109195, and potentially even down to 106422. ✨ The RSI oscillator is currently sitting at the 50 support level again. If RSI breaks below 50, it would indicate a weakening bullish momentum and increase the likelihood of a bearish scenario. 💥 However, if RSI holds above 50, it would confirm that buyers are still in control, and the probability of the uptrend continuing increases. ⚡️ The 111817 level remains a very clean and strong trigger for a long position. If price breaks this level, the market could make another leg up. 📊 Make sure to watch the volume closely. If buy volume starts to increase, a breakout above 111817 could offer a strong entry for those not already in a position. 👑 BTC.D Analysis Bitcoin dominance broke below 63.76 yesterday, which helped altcoins rally, but it has since recovered and moved back above that level. 📈 For now, dominance is ranging between 63.76 and 64.30. A breakout from either side would confirm the direction of the next move. 📅 Total2 Analysis Total2 was rejected from the 1.26 resistance and has now fallen below 1.23. If this downward move continues, the next support levels are at 1.18 and 1.15. 🔑 If price finds support here and moves back up to retest 1.26, a breakout from that level would be a fresh long trigger. 📅 USDT.D Analysis Tether dominance found support at 4.38 and is now moving upward. 🧩 As long as it remains below 4.51, the overall market momentum is still considered bullish. But if it manages to stabilize above 4.51, the likelihood of a broader market correction increases. ❌ 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.
Long
by tradecitypro
7
Bitcoin: Bullish Flag Breakout Targeting $114K Zonehello guys! Bitcoin has been riding nicely inside an ascending channel, and it just broke out of a clean bullish flag on the 4H chart (classic continuation setup). The move looks strong, and the target for this flag breakout sits around the $114,000–$115,000 zone (gray area). There’s a chance BTC pushes straight into that target if momentum holds, but we should also be ready for a possible pullback to the channel’s lower trendline before the next leg up. That lower boundary would be a spot to watch for bullish reactions if the market cools off short term. What I see: Pattern: Bullish Flag within Ascending Channel Breakout Confirmed: Strong momentum after flag breakout Target Zone: $114,000–$115,000 Scenarios: Direct move to target Retest of channel support (~$106,000–$107,000) before continuation Invalidation: A Break below the channel support would invalidate the bullish setup
Long
by melikatrader94
12
HelenP. I Bitcoin may continue to grow inside upward channelHi folks today I'm prepared for you Bitcoin analytics. In this chart, we can see how the price has been steadily moving within a well-defined upward channel, respecting its trend structure with clean rebounds from the lower boundary. The price has shown signs of a minor pullback after reaching the upper part of the consolidation range. However, it remains well-supported above the 102700 - 104700 zone, which aligns closely with both the trend line and a previous accumulation area. This confluence strengthens the case for a bullish continuation. Given the consistently higher lows, strong reaction from buyers near the channel support, and the overall bullish momentum, I believe this correction will be short-lived. The market appears to be gathering liquidity before attempting another leg upward. If the current structure holds, BTCUSDT is likely to continue climbing along the lower edge of the channel, gradually pushing toward the next significant target. My current goal remains at 117000 points, a level that aligns with the channel’s upper resistance and reflects the natural extension of the ongoing bullish movement. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
7
Maybe your biggest risk is your biggest chance !!!Bitcoin will reach $130k with a slight price correction. my previous analysis in last year !! 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!!
Long
by CobraVanguard
4
Bitcoin can continue to grow inside upward channelHello traders, I want share with you my opinion about Bitcoin. If we looks at this chart we can see how the price, after a healthy correction, the price started rising steadily within an upward channel. Along the way, price broke through the first key level and, after some consolidation, managed to overcome the second one as well. Currently, the price is trading just below the resistance line of the ascending channel. This structure shows that buyers remain in control, and bullish momentum is holding strong despite occasional pullbacks. The overall trend remains upward, and the asset respects the lower boundary of the channel as dynamic support. At the moment, I expect a minor downward move as a short-term correction. This would allow BTC to retest the local support area, strengthening the base before the next leg up. After that, I anticipate further growth, and a breakout toward the upper boundary of the channel is likely. That’s why my TP 1 is set at 115800 points - a potential new ATH aligned with the resistance line of the current structure. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
BTC/USD) Make some trand analysis Read The ChaptianSMC trading point update Technical analysis of Bitcoin (BTC) against USDT on a 4-hour timeframe using key price action concepts. Here's a breakdown of the idea conveyed: Key Elements in the Chart: 1. Support and Resistance Zones: Support Level (Yellow Boxes): Indicate areas where buying interest is strong enough to prevent the price from falling further. Resistance Level: Zones where selling interest is strong enough to halt upward price movement. These zones have been respected multiple times and serve as potential trade entry or exit points. 2. Breakout Strategy: The chart highlights breakout points (black circles) above resistance zones, signaling strong bullish momentum. After breaking resistance, price typically retests the zone as new support before moving higher—this is a classic breakout and retest structure. 3. Target Projection: The vertical lines represent measured move projections, likely using the height of the prior consolidation range to estimate the next move. The target point is marked around $112,559.59, indicating a bullish target following the breakout. 4. 200 EMA (Exponential Moving Average): The 200 EMA at $96,827.38 acts as dynamic support, showing the overall bullish trend is intact. 5. RSI (Relative Strength Index): RSI values (54.97 and 52.87) suggest neither overbought nor oversold conditions, implying room for further upside. Mr SMC Trading point --- Conclusion: The analysis suggests a bullish continuation setup: BTC has broken out from a consolidation range. Retesting previous resistance as support. The bullish target is $112,559.59 based on the breakout projection. The trend remains bullish as long as price stays above the support zone and 200 EMA. Pales support boost 🚀 analysis follow)
Long
by SMC-Trading-Point
8
Bitcoin Breakout Imminent Key Buy&Sell Zones Signal $110K TargetThis chart provides a technical analysis of Bitcoin (BTC/USDT) on the 1-hour timeframe, highlighting key buy and sell points. Strong support and resistance zones are marked with orange bands, guiding traders through critical decision levels. Notable bullish momentum has been observed following the May 24 buy-point, with a projected price target of $110,318.88. The chart includes trendlines, Ichimoku elements, and momentum analysis for precision forecasting. Traders should watch the resistance near $109,796.21 and support at $106,000, as market reactions around these zones could dictate short-term direction. Here’s a breakdown of the Bitcoin (BTC/USDT) chart analysis based on the image you provided: --- 1. Current Price Action Price at time of chart: ~$109,000 Recent change: Upward movement of +1.57% (+$1,682.47) Trend: Overall bullish momentum with higher lows forming a clear ascending trendline. --- 2. Key Levels Support Zones: Around $106,000: Marked as a recent "Buy-point", supported by historical consolidation. Lower support near $102,000: Last strong bounce area. Resistance Zones: $109,574 – $109,796: This tight band has acted as resistance previously and coincides with a "Sell-point." Target zone: $110,318.88: The projected breakout target if price clears immediate resistance. --- 3. Buy & Sell Points Buy-Points: Well-timed after significant pullbacks into support zones. Each resulted in a strong rally. Sell-Points: Identified at local peaks where momentum slowed and minor corrections occurred. --- 4. Indicators & Tools Used Ichimoku Cloud / Bands: The green/red shaded zones likely reflect momentum and volatility bands. Trendline: Ascending trendline confirms bullish structure — higher lows are intact. Projection Arrow: Shows a likely scenario of short-term pullback and breakout toward $110K+.
Long
by EleanorEmilyFx
15
BTC - Bullish Madness or Bearish Retest?Zooming out on BTC chart we can note this major bearish trendline on the HTF. This diagonal support / resistance line can take BTC to 7,000. Likely? Maybe not. Possible? Absolutely. A straight move up on BTC like we have seen the last two years is very dangerous. There is a large chain reaction of leveraged sell orders via long position stop losses cascading down the price levels. Can this trigger a massive and fast flash crash? In my view - absolutely. Here are two potential moves that take price to those low liquidations levels. Possibility 1 110,000 to 35,000 35,000 retrace to 81,000 81,000 to 7,000 Possibility 2 110,000 to 43,000 43,000 retrace to 72,000 72,000 to 7,000 Note that both of these possibilities end with 7,000. I’m mapping out two routes that take us there, using confluences with trendlines, volume profiles, liquidity mapping, and common sense. Always remember that crypto is a very new market, with some unique mechanics that differentiate it from other more established markets. Predominantly the futures and high leverage usage and the ways these platforms make their money… Beware and be prepared.
Short
by DickDandy
5
Next Step $155,600, Bitcoin Closes 7th Week Green +AltcoinsThe next target and major All-Time High has been confirmed as $155,601.73 for Bitcoin and this isn't likely to be the end of the bull market. This target is now confirmed after Bitcoin wicked lower on the weekly timeframe to test support but ended up closing green, the 7th consecutive week Bitcoin closes green. This is a major, major bullish signal. It means one thing only, the demand for Bitcoin is just too strong. So strong, that nobody is willing to sell, at least not for longer than a few hours or a few days. Sold at 100K? Good! Buy back in but higher. Sold at 105K? Bad! Bitcoin continues rising. Bought below $80,000? Congratulations, you are a genius and you are holding a great position, you have months and months of bullish action yet ahead of you. Bought below $90,000? You are still good, you are wise, you are great. You have to congratulate yourself and know that all the gains you receive you deserve. You bought when the time was right, you bought regardless of what the others said. Bought at $95,000 or lower? There was higher risk because resistance was strong right in front, 100K-110K, and yet, you took action, now you will be rewarded for being brave. The market will bless you with tons of profits and continued success. Missed the Bitcoin bus? There is absolutely no need to worry, at all, because the Altcoins market is still trading near its bottom and is soon to grow; What one does, the rest follows. The Altcoins market will follow Bitcoin. The Altcoins will move to strong highs, new heights and new All-Time Highs. It is not too late... Crypto (Bitcoin & The Altcoins) is going up! Namaste.
Long
by MasterAnanda
7
Can BTC break above $109,000 in this ascending 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.
by Andrew-Jimmy
4
TradeCityPro | Bitcoin Daily Analysis #103👋 Welcome to TradeCity Pro! Let’s dive into Bitcoin and key crypto indices. As usual, in this analysis I’ll walk you through the triggers for the New York futures session. ⏳ 1-Hour Timeframe As you can see on the 1-hour chart, Bitcoin was rejected from the 110128 resistance yesterday and began a pullback, but it didn't reach the support at 107010 — instead, it formed a higher low and is now moving back toward 110128. 📊 Buy volume during this bullish leg has been relatively low, which isn’t ideal for a strong uptrend and indicates potential weakness. 📈 If the 110128 resistance breaks, a long position can be considered. However, if you take this trade, I suggest not setting your target at 111747 — instead, aim for higher targets and hold the position longer. 💥 The main long trigger remains at 111747. So if you missed or don’t want to trade the 110128 breakout, you can wait for this higher confirmation. 🔽 As for short setups, just like yesterday, it's still better to wait for a trend reversal. As long as the price remains above the support zone, the uptrend remains intact. 👑 BTC.D Analysis Bitcoin Dominance broke above 64.32 yesterday but failed to hold and fell back below it, also breaking the 64.18 support. It’s now moving toward 63.97. ⭐ Currently, there is strong bearish momentum in BTC.D, and if 63.97 is broken, this downward move is likely to continue. 📅 Total2 Analysis Total2 printed a higher low above 1.18 and has now broken above the 1.22 resistance. ✨ If it can hold above this level, we could see an upward move toward 1.26. For bearish confirmation and short positions, a break below 1.18 would be the key trigger. 📅 USDT.D Analysis USDT Dominance printed a lower high compared to 4.62 and is now sitting on support at 4.49. A break below this level could push the dominance down to 4.38. 🎲 To confirm a bullish reversal in USDT.D, we would need to see a break above 4.62. ❌ 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.
Long
by tradecitypro
5
BTC Roadmap Still Intact Bullish Momentum Building Toward 120KBitcoin Price action continues to validate the bullish roadmap shared in our last BTC post. The market respected the Immediate Buy Back Zone, springing from a demand backed structure into a fresh impulsive leg. Notably, price has carved a clean 5-wave structure supported by recurring bullish pennants and continuation patterns each breakout driving momentum higher. Our target at 120,151 remains firmly intact, with price action showing healthy structure and controlled pullbacks. The current setup remains valid as long as price holds above 106,655 and especially 100,941, which now act as structural pivot zones. Any deeper correction into the Demand Area would only serve as a re-accumulation window before the next leg. Let’s see how price behaves into June. Momentum is aligning with structure. Share your thoughts, like the post, and drop your setup confirmations on the comment section.
Long
by weslad
7
Bulls defend $109K, critical resistance looms Bitcoin price currently pegged at $109K, with a market cap of $2.18 trillion and 24-hour volume of $29.24 billion. The price range for the day was between $106,802 and $110,078, reflecting a volatile yet orderly trading day. The 1-hour chart shows a volatile trading environment as Bitcoin (BTC) rebounded from a local low of $106,666 back to the $110,000 level. Volume surged on the dip, likely driven by short-covering activity, while it decreased on the bounce, showing a lack of buying power. The price is currently showing a slight consolidation below $110,000, indicating hesitation among traders. Entry opportunities can be seen around $109,000–109,200 with stops set tight below $108,500. If the upward momentum fails to accelerate significantly, profit-taking around $110,500–111,000 is recommended. Bitcoin Price Watch: Bulls defend $109K, key resistance looms On the 4-hour chart, Bitcoin has been trending slightly down from its recent $112,000 peak, falling to around $106,500 before a tentative recovery. Volumes have decreased during the recovery, suggesting weak demand. A falling flag pattern, characterized by a slow upward drift after a decline on low volume, may be forming at the moment. The bearish outlook may strengthen if the price faces rejection around $110,500–111,000 with rising volumes. However, a potential breakout back above $112,000 would be confirmed if $111,000 is reclaimed on strong volumes. The daily chart shows broad bullish momentum that started in early May and recently topped out at $112,000 per BTC. Volume patterns support the uptrend, but a notable red candle also appeared after the peak, indicating a quick rejection at resistance. The price is currently finding support within the $106,000–108,000 consolidation zone. A retracement to $108,000–109,000 could offer an attractive long entry opportunity if accompanied by a bullish candle formation. A subsequent test that fails to surpass $112,000, especially on declining volumes, could trigger a sell signal and induce buyer caution. Oscillator readings offer a nuanced perspective. The relative strength index (RSI) is at 67, suggesting that the asset is approaching overbought territory but remains neutral. The stochastic oscillator registered at 72, similar to the Commodity Channel Index (CCI) at 118, indicating neutrality. The average directional index (ADX) is at 32, suggesting that the trend development has not yet reached extreme strength. Although the momentum indicator gave a bullish signal at 6,214, the Moving Average Convergence Divergence (MACD) level at 3,793 marked a bearish divergence, presenting a mixed oscillator sentiment that calls for caution from traders. The moving averages (MAs) are showing an uptrend across all timeframes. The 10, 20, 30, 50, 100, and 200-period exponential moving averages (EMAs) and simple moving averages (SMAs) are supporting the ongoing uptrend. In particular, the short-term EMAs such as the 10-period EMA at $107,654 and the 20-period EMA at $104,933 confirm the bullish momentum of the price action above these thresholds. Long-term indicators such as the 200-period EMA and SMA at $89,874 and $94,143, respectively, emphasize the strong underlying trend. These aligned averages reinforce the bullish structure unless disrupted by a volume-driven reversal. Further clarity on support and resistance is provided. On the daily chart, key levels include the 38.2% at $101,737 and the 50% at $98,567, both representing strong support should Bitcoin experience profit-taking. For the 4-hour chart, the 38.2% to 50% range between $109,032 and $108,116 is critical and could be an ideal buy zone on a retest due to its coincidence with volume clusters. On the 1-hour chart, the 50% ($108,466) to 61.8% ($108,041) retracement levels provide an ideal area for short-term profit taking with a stop loss below the 78.6% retracement at $107,436. Those retracement clusters provide precision for risk management and entry planning. In summary, Bitcoin continues to present a technical support structure across all timeframes, but price behavior around key resistance levels and mixed oscillator signals call for a disciplined trading plan. Momentum remains mainly bullish, but it is important to note that risks exist around the psychological and technical threshold of $112,000. Bull conclusion: Bitcoin’s strong position above all major moving averages, coupled with bullish momentum above the time frame and a good price base of $106,000–108,000, supports the continuation of the uptrend. If the price reclaims $111,000 with credible trading volume, a breakout to new highs above $112,000 appears likely.
Long
by FredericaCrichton
3
Double Top or… Bearish Dragon?Hello, Traders! An anatomy of market psychology on the BTC chart… Sometimes it’s not about what’s next, but what we've already lived through. And this stretch on the Bitcoin (BTC) weekly chart (2021–2022) deserves a second look. What first appears to be a textbook Double Top might, with the right lens, reveal something more… mythical. Let’s break it down 👇 🔍 Double Top: The Obvious Story? If you zoom in on BTC’s two major peaks — around $64K in April 2021 and $69K in November 2021 — it checks all the boxes: two high points, a clear support line around $30–32K (neckline), and eventually a breakdown that confirmed the pattern. Classic reversal, right? Yes — until you realize it wasn’t just flat repetition, but a structure with more texture and rhythm. This is where the concept of the bearish dragon pattern comes in. 🐉 The Bearish Dragon Trading Pattern While not part of traditional TA textbooks, the dragon pattern trading model has gained popularity for its ability to capture more nuanced market psychology. In the bearish dragon trading pattern, we get: Head → The First Push Upward (early 2021) Left Foot → The First Top Hump → A Sharp Correction that Builds Tension Right Foot → A Second, Higher Top (bait for breakout traders) Entry → The Moment Price Loses Trendline Support Tail → The Dramatic Drop That Completes the Structure In this example, BTC followed that script frighteningly well. And while this wasn’t a bullish dragon pattern trading setup (the bullish version mirrors this shape), it still serves as a valuable case study in how these visual patterns capture trader behavior in real time. ⚙️ So What? Identifying a dragon trading pattern isn't just for artistic flair. These kinds of models reflect moments of emotional whiplash: fake-outs, fear, FOMO — all in one motion. This chart is a masterclass in how structure, sentiment, and supply zones align. And guess what? Even though this pattern completed long ago, some of the zones still matter today — as support, as resistance. Price memory is real. And dragons? Well, they leave footprints. ;) ⚙️ So What? Identifying a dragon trading pattern isn't just for artistic flair. These kinds of models reflect moments of emotional whiplash: fake-outs, fear, FOMO — all in one motion. This chart is a masterclass in how structure, sentiment, and supply zones align. And guess what? Even though this pattern completed long ago, some of the zones still matter today — as support, as resistance. Price memory is real. And dragons? Well, they leave footprints. ;) 📉 The Classic: Is It Just a Double Top? Let’s start with the obvious interpretation. What we see on the BTC chart between April and November 2021 checks almost every box of the well-known Double Top — one of the most cited reversal patterns in technical analysis. It’s the kind of formation you’ll find in every trading textbook: two peaks at roughly the same level, separated by a mid-point correction (the "valley"), followed by a breakdown. And in theory, here’s how it plays out. The first peak, in this case, around $64,000 in April 2021 shows strength, momentum, and enthusiasm. Then comes a pullback which, at first, looks like a healthy correction. Price drops to around $30,000, consolidates, and many consider it a buying opportunity. The second peak, in November 2021, climbs even slightly higher to around $69,000, but this is where things start to feel different. Momentum is weaker. Volume thins out. Retail interest is still there, but it’s more cautious. The hype feels forced. And then the real turning point. The market loses its footing around $30–32K. That level, which previously acted as strong support, gets broken in early 2022. Not just tested, broken cleanly. From a purely technical standpoint, that’s the moment the pattern is confirmed. A classic neckline break and with it, the implication that the uptrend is over, and a deeper reversal is underway. In traditional TA, this would be the textbook entry for a short trade, with a target roughly equal to the height from the peaks to the neckline. For BTC, that implied a drop well into the teens. And that’s exactly what happened. So is this just a clean Double Top and nothing more? Maybe. The pattern fits. The breakdown was real. The projection played out. What Do You See? Yeah, this move is behind us, but sometimes it's worth going back to the dragons of the past. Do you see a clean Double Top here or a full-blown Bearish Dragon ready to bite? 🐲 And have you ever used the dragon pattern trading or dragon trading pattern concept in your analysis? Let’s talk patterns in the comments 👇
Education
by WhiteBIT
6
#BTC and ALTCOINS Urgent Update! Don't panic!!MARKET UPDATE CRYPTOCAP:BTC – Despite some negative news from the US around treasury yields, the chart still looks strong. As long as we hold $103,817, there's no reason to panic. A 4H close below that level would be concerning, but for now, it still points toward another ATH. Not trading aggressively right now, just watching. Even if BTC pumps, CRYPTOCAP:BTC.D is likely to rise, which could hit alts first and offer better entry zones. And in case it dumps, you know what happen,s alts will dump more. Tried a few entries earlier today, but got stopped out. Staying patient for now. Picked up some LSE:TAO on this dip (spot). DYOR. NFA. Do show your support with your likes if this idea helped you in any way. It helps to keep the posts regular and on time. Thank you #PEACE
Long
by Cryptorphic
4
Lingrid | BTCUSDT potential Bullish CONTINUATION from SupportThe price perfectly fulfilled my last idea . BINANCE:BTCUSDT has rebounded from a higher low along the upward trendline after a triangle pattern breakout. Price is now testing the $108,450 resistance, and holding above this level could trigger a continuation toward the $114,000 target area. The bullish channel structure remains intact, and buyers are in control while price stays above the rising support. Failure to hold above $108K may invite a retest of the $104,400 zone. 📈 Key Levels Buy zone: 107,000 – 108,450 Buy trigger: breakout and hold above 108,450 Target: 114,000 Sell trigger: break below 107,000 💡 Risks Sudden BTC ETF outflows could hurt sentiment Failure to reclaim $108K could trap late buyers Breaking below the ascending trendline would weaken bullish momentum Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
5