Will BTC emerge from the local downtrend channel on top?Hello everyone, let's look at the 1D BTC to USD chart, in this situation we can see how the price is moving in a downtrend channel in which we can currently observe an attempt to exit on the top. In such a situation, it must be borne in mind that often exiting the channel gives energy for growth close to the height of the channel itself, which in this situation could give a valuation in the region of $ 100,000 for 1 BTC.
However, before this happens, the price must positively exit the channel and break the first resistance line at $ 88,800, and then a significant level at $ 94,200.
Looking the other way, when the price bounces off the upper boundary of the channel and starts to fall again, we have a visible support zone from $ 85,150 to $ 83,000, and then a second very strong zone from $ 77,200 to $ 74,100.
BULLUSD trade ideas
. BTCUSD NEW M30 BULLISH ANALYSIS
- 📊 **BTC/USD Trading Idea (30-Min Chart)**
**Date:** April 16-17, 2025
**Timeframe:** 30-Minute Chart
**Bias:** **Bullish Reversal from Support Zone**
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- ✅ **Key Levels**:
- **Support Zone:** $83,586 – $83,765
- **Resistance Zone (Target):** $86,441
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🧠 **Idea**:
BTC currently approaching strong **support zone** ($83,586 – $83,765). Based on the previous price action and highlighted zone:
🔹 Expecting **bullish rejection/wick** from support
🔹 Potential for **bounce back toward $86,441** resistance
🔹 Best entry after confirmation (e.g., bullish engulfing / double bottom on LTF)
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- 🎯 **Trade Setup**:
- **Entry:** $83,750 - $83,850 (on bullish confirmation)
- **Take Profit (TP):** $86,000 - $86,441
- **Stop Loss (SL):** Below $83,500
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. 🛡️ **Risk Management**:
- Position size as per risk appetite (1-2% of capital recommended)
- Wait for **confirmation candle** to avoid false breakout
Weekly Cryptocurrency Market Analysis:Bitcoin(BTC)–Issue274(FreeThe analyst believes that the price of Bitcoin will decrease within the time specified on the countdown timer. This prediction is based on a quantitative analysis of the price trend.
___Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
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Bitcoin - All Time Highs Are Inevitable!Bitcoin ( CRYPTO:BTCUSD ) is still massively bullish:
Click chart above to see the detailed analysis👆🏻
Despite the correction of about -30% which we have been seeing lately, Bitcoin remains in a bullish market. Even if we see another drop of about -20%, this will still just turn into a textbook bullish break and retest and either way, new all time highs will follow on Bitcoin.
Levels to watch: $70.000, $400.000
Keep your long term vision,
Philip (BasicTrading)
BTCUSD Analysis Today: Technical and On-Chain !In this video, I will share my BTCUSD analysis by providing my complete technical and on-chain insights, so you can watch it to improve your crypto trading skillset. The video is structured in 4 parts, first I will be performing my complete technical analysis, then I will be moving to the on-chain data analysis, then I will be moving to the liquidation maps analysis and lastly, I will be putting together these 3 different types of analysis.
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BTC Elliott wave analysis 4/19/2025I think now we have come to the Wave B of the Big 4 wave. So I think we might be going down to the micro b for a bit before going up to micro c to complete the C wave around 96000-97000 And then we will going down to the Wave C of big 4 wave around 71,000-69000 before we have the big 5 wave of the Grand Super Cycle
Bitcoin is approaching as the global liquidity explosion reachesThese fractal patterns don’t lie — Bitcoin has found its dip, and it’s time to reverse upward. We are ready for the explosion, because everything is repeating once again. The M2 liquidity index has reached a new level. Wish you success, Mr. Ghasemi.
Bitcoin breaks resistance trend lineIn another sign of recovery, Bitcoin is trying to break away from a key short-term resistance trend line that has been in place since the cryptocurrency topped out in January this year at above $109K.
BTC/USD has already reclaimed a few short-term levels such as FWB:83K and moved above the 21-day exponential moving average to provide the first objective bullish signal.
More work is still needed before we get the all-clear, with the 200-day average and more importantly a key resistance range around $90K (specifically in the $88.8K to $91.2K range) to contend with.
Still, we have a few tentative signs of a possible reversal, which is evidenced across risk assets including major stock indices.
By Fawad Razaqzada, market analyst with FOREX.com
Bitcoin Getting Ready to Continue up to Test $87k again.Well...well....well, looks like bears still playing lazy.
Anyways TIME is running out for bears to make their case so knowing that bearsstill have like
8 to 11 1hr candles to make their case so we came out with 3 scenarios and are as follow.
(1)- it breaks out from where it is right now or
(2)- It makes another narrow sideways move and then breakout or
(3)- Drops quick in a couple of candles with nasty wicks just to bounce back up quick.
I'm inclined for the #3 option cause there's still TIME to happen but all depends on volatility, the bright side of this dilemma is that all of them will end up above the $85k line during the week, once it gets there will take another look. Place your bets ladies and gentlemen and buckle up, and get ready for a wild ride.
Bitcoin Bullish Reversal Confirmed! Next Stop: $88.5K to $105K..BTCUSD Price Forecast 🚀
- Bitcoin ( BITSTAMP:BTCUSD ) has shown strong bullish signals at the bottom of the recent downtrend. Here's the technical breakdown:
🔹 Double Bottom Formation: A classic reversal pattern has formed, and price has broken above the neckline, signaling bullish momentum.
🔹 Major Breakouts:
- Cleared a strong resistance zone
- 200 EMA breakout confirms trend reversal
- Retraced to key demand zone, respecting the descending channel
🔹EMA Confirmation: Price retraced perfectly back to the 200 EMA, now acting as dynamic support—adding confluence to the bullish bias.
📈 Technical Target Levels:
🎯 $88,500
🎯 $94,000
🎯 $98,300
🎯 $105,400 (Final target for this wave)
These levels are based on measured move targets from the double bottom pattern and Fibonacci extensions.
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#Crypto #Bitcoin #TechnicalAnalysis #BTC #TradingCommunity #BTCUSD #CryptoForecast
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Happy Tr4Ding !
BTCUSD What Next? BUY!
My dear subscribers,
BTCUSD looks like it will make a good move, and here are the details:
The market is trading on 84459 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 84791
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
BTCUSD: Expecting Bearish Movement! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current BTCUSD chart which, if analyzed properly, clearly points in the downward direction.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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