BTCUSD is replaying the 2021 double top a bit too perfectlyTracing the weekly highs of Bitcoin's 2021 double top and translating them onto the current highs reveals some startlingly similar patterns.
Removing just a couple of week's bars between the two tops in 2021 gives a very close match to the current pattern we see unfolding.
Are we just watching an action replay?
If so, we would be looking at ~$140k highs by early August followed by a huge retracement to the long term trendline in the c. ~$90k region. Such a retracement is not unprecedented, and from these lows I would expect the price to rise at or above the trend once again, keeping Bitcoin on track to hit $1m by 2029, so this is by no means a bearish prediction.
BTCUSDT trade ideas
BTC/USDT Technical Analysis BTC/USDT Technical Analysis | Approaching a Key Confluence Zone
As shown on the chart, Bitcoin has successfully reached our previous bullish targets. The price is now testing a critical resistance zone that could determine the next major move.
🟢 Bullish Scenario: Breakout Toward Key Levels
If BTC breaks above the current resistance, the next targets to watch are:
$106,596 – first resistance
$107,058 – major horizontal resistance
Descending trendline – dynamic resistance that has held strong in recent weeks
A clean breakout above the trendline may lead to further upside toward:
$107,902 and $108,008
These zones have historically acted as strong barriers, so price reaction here will be crucial.
🔻 Bearish Scenario: Rejection and Pullback
If BTC gets rejected at the current resistance, look for support at:
$104,740 – first area for a bounce
$104,146 – key support zone to hold for bulls
Failure to hold these levels could trigger further downside pressure.
📌 Summary
Bitcoin is at a critical intersection of horizontal and trendline resistance. A breakout could ignite a strong bullish move, while a rejection might bring another leg down.
📉 Wait for confirmation candles before entering.
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BITCOIN ROAD TO 300K !!! ELLIOTT WAVE CASE STUDYThere are three possible cases for Bitcoin which we can now consider according to Elliot wave count on big picture:
Case I: According to this count if we hold above 74.5k , recent low, we may see major shift in BTC. Retracement Up to 92-79k is good which will form inverse head & shoulders, potentially breaking ATH up to 170K, if things goes well & 74.5K region remains on hold.
Case II: If in case 74.5K region breaks, then it will invalidate minor count causing BTC to retrace more up to 64-52K major reversal zone region. If such thing happens, bullish shark pattern will be formed causing major reversal from that region BUT 49K region should remained hold!!!
Case III: Worst case scenario if 49K region breaks, then it will cause major count invalidation dropping BTC further up to 45-33K region.
HolderStat┆BTCUSD springs from 100k railAfter a week-long pullback, CRYPTOCAP:BTC ricochets off 100 k support, keeping the rising-channel narrative alive. Bitcoin price now squeezes beneath a descending trendline; a daily close over 109 k could unleash a breakout toward the 112-114 k resistance shelf.
Bitcoin Short Setup — Watch for Entry After Liquidity Grab📍 BTC Potential Short Setup — Watching for Liquidity Sweep and Orderflow Shift
I’m monitoring Bitcoin for a potential short opportunity.
📌 If price sweeps the previous week’s high (PWH), I’ll look for a lower time frame orderflow shift to confirm entry.
Additionally, the sweep may coincide with a mitigation of the 4-hour order block.
✅ If these conditions align, I’ll consider an entry from the 106192–106192 zone.
Conditions for entry:
→ Sweep of PWH liquidity
→ Lower time frame orderflow shift after the sweep
→ Possible mitigation of 4H order block
⚠️ No setup without confirmation — I’ll wait for a valid reaction on LTF before entering.
📍 Stay tuned and follow for live updates on this setup.
HelenP. I Bitcoin can break resistance level and continue growHi folks today I'm prepared for you Bitcoin analytics. After looking at this chart, we can see how the price traded inside a consolidation, where it reached a resistance level, which coincided with a resistance zone. Then it some time traded between the 108500 level and then dropped to the support level, thereby exiting from consolidation and breaking the 108500 level one more time. After this, BTC started to trade inside another consolidation, where it rebounded from the support level and rose to the top part of this range. Then it some time traded near this area and then dropped to the trend line, breaking the support level and exiting from the consolidation. But then BTC started to grow and rose to the 103100 level, broke it, and continued to grow. A not long time ago, it made a correction to the trend line and then bounced and continued to move up. So, I expect that BTCUSDDT will correct to the trend line and then rise to the resistance level and break it. Then, I thought that Bitcoin might continue to move up next; therefore, I set my goal at 110000 points. If you like my analytics you may support me with your like/comment ❤️
BTC short setup As previous weekly went good on BTC, a nice bounce from the area on swing setup. Now wait for the liquidity grab from 107.8k then take short, that whiteline is important to break and sustain for btc to continue it's Bullish trend. Longer sl is just to avoid wick damage closing matter here. Good luck, book at least 50% on 105.2k rest hold the position, and take long from mentioned zone.
BTC – Testing 4H Descending Trendline ResistanceBTC is currently facing the descending trendline resistance on the 4-hour chart 🚀. If it breaks above this level, momentum could surge higher ⚡. However, a rejection might trigger another leg lower. This is a crucial spot to monitor – the market could move fast from here 👀!
BTC could form a new ATH between 118K-120KBTC will be resisted between 110 K- 111 K, but will continue to rally to form a new ATH between 118 K- 120 K.
There could be another possibility that BTC will sharply move to the 0.618-0.786 Fib channel, and then continue within that channel to make a new ATH.
Let's see.
Is the #BTC rally over?📊 Is the #BTC rally over?
🧠From a structural perspective, we have reached the ideal target zone of the double top bearish structure, so a strong rebound is very reasonable. The realization of the ideal target zone means that the previous decline has ended. We need to change our thinking and stop being too bearish. Stay cautious!
➡️At the same time, the goals of the long structure we built in the support area have also been fully achieved, and this period of rise has reached the lower edge of the extended wedge + the downward trend line + the blue resistance area very quickly, so there is a possibility of a pullback, so don’t chase the rise here. If you want to participate in long transactions, we should pay attention to the opportunities after the pullback.
Let’s see👀
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BITGET:BTCUSDT.P
Bitcoin at the $107K Line – Is It Going Up or What?Bitcoin at the $100K Line – Is It Going Up or What?
Bitcoin is in a pretty critical spot right now. It’s been holding strong around the $100K zone, but it’s not clear if it’s gonna keep going up or start pulling back. We broke it all down in the video.
Bitcoin (BTC): Seeing Another ALL TIME HIGH To Form!Bitcoin is still showing some strong buyside dominance, where after a week of up-and-down movement, this week is giving us a proper bounce from the local sideways channel.
As we see the dominance of the buyside, we are expecting to see the $120K to be reached within days or even weeks, where then we will be looking for either a breakout or a breakdown.
Now we are looking also for the $150K area to be reached but that would be our secondary target once we see the breakout from $120K so eyes on that zone for now!
Swallow Academy
Bitcoin — Breakout or Bull Trap? SFP Setup ExplainedAfter a clean drop that nearly tagged the psychological $100K level, Bitcoin printed a Swing Failure Pattern (SFP) — sweeping the lows and snapping back with strength. That bounce wasn’t just a reaction — it was a liquidity reclaim.
Now, price structure is shaping into a potential Inverted Head & Shoulders — a classic reversal pattern often forming before a bullish continuation.
🔍 Key Level to Watch:
$106,694.63 — This recent key high was just taken out. If we see rejection here (SFP), it could set up a high-probability low-risk short opportunity.
🎯 Short Trade Idea (Only on SFP confirmation):
Entry: After price sweeps $106,694.63 and shows rejection
Stop-Loss: Above wick high (e.g., ~$107.4K)
TP Zones: $103.5K and $101.7K
R:R: ~1:7
✅ Cleaner setup with confluence from structure and liquidity — high probability if confirmed.
📚 Educational Insight: Why SFPs Work So Well
SFPs (Swing Failure Patterns) are some of the most powerful setups in trading because they:
Trap breakout traders
Sweep liquidity and reverse quickly
Offer clear invalidation (wick high/low)
Allow for tight stop-loss and high R:R setups
Using SFPs in conjunction with key highs/lows, volume, and structure dramatically increases your edge.
📈 Why Order Flow Is Crucial for SFPs
1. See the Trap Form in Real Time
SFPs are essentially traps — price sweeps a key level, sucks in breakout traders, and then reverses. Order flow tools let you see this happen:
A spike in market buys above resistance
Followed by a lack of follow-through (no new buyers)
And then an aggressive absorption or reversal (selling pressure hits)
Without order flow, this is all hidden in the candles.
2. Confirm Liquidity Sweeps with Delta & CVD
Watch for a delta spike or Cumulative Volume Delta (CVD) divergence — a clear sign that aggressive buyers are getting absorbed.
This gives you confirmation that the sweep failed, not just a random wick.
3. Tight Entries with Confidence
When you see actual trapped volume or liquidation clusters at the SFP level, you can enter tighter with conviction — because you're not guessing, you’re reacting to actual intent and failure in the market.
4. Early Warning System for Reversal or Continuation
If the SFP fails to trigger a reversal (e.g. buyers step back in with strength), you’ll see it early in the flow — and can quickly reassess.
🧠 Bottom Line:
Order flow lets you stop guessing and start seeing the actual fight between buyers and sellers. Combine it with SFPs, and you're not just trading price — you're trading intent. That edge is huge.
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Market Overview
WHAT HAPPENED?
Last week, after fluctuating in a sideways range, bitcoin began to decline. Only $300 wasn’t enough to reach the level of $100,000 — there was a strong absorption of market sales, and a rebound occurred.
WHAT WILL HAPPEN: OR NOT?
We tested the $104,500–$105,800 zone (accumulated volumes). There is no abnormal activity or strong sales within it, which increases the likelihood of continued upward movement to the next sell zone. After that, the current volumes may go long, forming a new support zone in the range of $105,800–$104,500.
This week, we can consider a long retest of the support of $104,500–$105,800 with confirmation of the buyers' reaction. However, low volumes in the upward wave keep the risk of a sharp resumption of sales. In this case, the key entry level will shift to the psychological mark of $ 100,000.
Supply Zone:
$107,000–$109,800 (accumulated volumes)
Demand Zones:
$101,600–$100,000 (previous push-volume zone + current buyer defense)
$98,000–$97,200 (local support)
$93,000 level
$91,500–$90,000 (strong buy-side imbalance)
IMPORTANT DATES
Macroeconomic developments this week:
• Wednesday, June 11, 12:30 (UTC) — publication of the basic US consumer price index for May, as well as in comparison with May 2024;
• Thursday, June 12, 06:00 (UTC) — UK GDP for April is published;
• Thursday, June 12, 12:30 (UTC) — publication of the number of initial applications for unemployment benefits and the US producer price index for May;
• Friday, June 13, 06:00 (UTC) — German consumer price index for May is published.
*This post is not a financial recommendation. Make decisions based on your own experience.
#analytics
Bitcoin Price Action Outlook – June 9, 2025🧠 Market Context
Bitcoin is currently breaking down from a rising wedge structure. Multiple Fair Value Gaps (FVGs) remain unmitigated, suggesting potential liquidity targets before any major move continues.
📌 Key Zones (FVGs Identified):
🔼 Upper FVG (Target zone): 106.3K – 106.6K
🔽 Mid FVGs (Retracement Zones):
105.1K
104.7K
🟣 Lower FVG Clusters (Strong Demand):
103.2K
102.7K
101.9K
🧩 Possible Scenarios
📈 Bullish Case (Support Reclaim & Bounce)
Price dips into mid FVGs (105.1K or 104.7K) and shows a bullish reaction.
If price reclaims the wedge structure → move toward 106.3K+ becomes likely.
📉 Bearish Case (Continuation Down)
Price breaks down further, targeting deeper FVGs at 103.2K or lower.
Watch for sharp reversals from demand zones (especially below 103K) for potential long setups.
📊 Strategy Ideas
🚀 Long Setup: Wait for bullish confirmation at 104.7K or 103.2K FVG → enter on price reversal.
🧨 Short Setup: Watch for rejection near 105.5K (top of wedge and 50% level of recent FVG) → downside potential to 103K.
⏰ Note
This is an intraday price action analysis. Use proper risk management and confirm setups with HTF confluence (1H / 4H).
BTCUSDT – Is This Just Resistance or a Bull Trap?Bitcoin is now pressing against the key resistance zone around $106,920—a level that has consistently rejected price advances in recent weeks. After a decent recovery, momentum seems to be stalling, and often, that quiet before the storm tells us more than a breakout ever could.
Zooming in, we may be witnessing a classic fake-out formation—a subtle move above resistance to trap late buyers before a sharp reversal. If bulls can’t firmly hold this zone, BTC could very well slip back toward $101,500, aligned with the broader descending trendline.
⚠️ This isn’t about calling tops—it’s about respecting structure and understanding exhaustion. Resistance exists for a reason, and history reminds us: when enthusiasm fades, gravity returns.