TradeCityPro | Bitcoin Daily Analysis #91👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin and major crypto index analysis. As usual, I'll go over the key triggers for the New York futures session.
⏳1-Hour Timeframe
As you can see, Bitcoin made a bullish move yesterday after breaking above 102,882 and reached as high as 104,866.
✔️ After hitting 104,866, the price failed to break this resistance and got rejected, pulling back to retest 102,882 with a wick.
✨ As long as the price stays above 102,882, I consider the market momentum bullish. I still hold my long position opened around 85,000 and plan to open another one if we break 104,866.
📈 So the best long trigger is a clean breakout above 104,866. The next resistance is 106,247, which makes the 104,866 breakout a bit riskier due to proximity to that major supply zone.
🔽 For short setups, the first trigger is again 102,882. If the price forms a lower high below 104,866, a breakdown of 102,882 could justify a risky short.
📊 Personally, I’m not opening any shorts yet since higher timeframe trends are bullish. My first valid short trigger would be a breakdown of 101,628.
👑 BTC.D Analysis
Bitcoin dominance continues to fall and has now reached the 62.07 support level and is reacting to it.
💫 If 62.07 breaks, we could see another bearish leg down to 61.34.
🔼 For BTC.D to flip bullish, we first need to see the descending trendline break and then look for confirmation and a long trigger from that.
📅 Total2 Analysis
After breaking through 1.24, Total2 moved up to 1.26 and is now pulling back to retest 1.24.
🧩 If 1.24 holds and the price breaks above 1.26, there’s a strong chance it continues toward 1.31. This would confirm a long setup for altcoins.
🔔 For short positions, the only valid trigger for now is a breakdown of 1.18.
📅 USDT.D Analysis
Tether dominance faked a breakdown below 4.51 yesterday but has now bounced back above it.
💥 Currently, we should wait for the price to retest 4.51 again and reassess that support. If it breaks down cleanly, we’ll get confirmation of bearish momentum for USDT.D, which would support a bullish trend in the broader crypto market.
❌ 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 (Cryptocurrency)
Technical Analysis of Bitcoin (BTC/USD) ON BINANCE + TRADE PLANTechnical Analysis of Bitcoin (BTC/USD)
Market Trend and Chart Structure:
The price of Bitcoin is in a consolidation phase as shown in the descending channel pattern formed by the resistance and support lines.
The market is moving within this range, but there is a strong possibility of a breakout to the upside based on the bullish divergence forming on the indicators and the overall market sentiment.
The chart also shows Bollinger Bands (BB), which are in a squeeze, signaling a potential breakout. Typically, this indicates that volatility is low, and the price could move sharply in either direction once the bands break.
Key Indicators and Signals:
MACD: The MACD indicator is showing a bullish crossover, which indicates the possibility of a trend reversal to the upside.
RSI (Relative Strength Index): Currently at 45.78, indicating that the market is neither overbought nor oversold. This suggests that Bitcoin is in a neutral zone, but with bullish signals from other indicators, an upward move seems likely if momentum continues to build.
ArtY Money Flow Index: The Money Flow Index is showing green bars, suggesting that capital is flowing into Bitcoin, which supports the bullish outlook.
Stochastic RSI: The stochastic is in the oversold region (currently at 14.99), which usually signals a potential reversal to the upside.
Resistance and Support Levels:
Resistance: The primary resistance level is located at $105,705. A break above this level would indicate a strong upward move.
Support: The primary support level is around $101,600. If the price reaches this level and holds, it could act as a potential bounce point for a reversal.
Trading Strategy and Plan:
Entry Strategy:
Buy Entry: Enter a long position if the price breaks above the $104,700-$105,705 range, indicating a breakout above resistance. A confirmation from the MACD and RSI would add strength to this signal.
Stop Loss: Set a stop-loss order at $101,000, below the key support, to manage risk if the market reverses unexpectedly.
Target/Exit Strategy:
Take Profit Target: A good target is at the $110,000 level, where Bitcoin could face another resistance. A more aggressive target could be at $115,000, but this would require a continuation of the bullish momentum.
Trailing Stop: Use a trailing stop as Bitcoin continues to move upward to secure profits if the price continues to climb without retracing.
Risk Management:
Maintain a risk-to-reward ratio of at least 1:3, meaning you should aim for profits that are at least three times the amount of risk you take. This will ensure better risk management in case the market reverses unexpectedly.
Monitor the market sentiment closely. Bitcoin's price movements can be highly volatile, so being ready to adjust stop-loss and take-profit levels is essential for successful trading.
Bitcoin is showing positive signs of breaking to the upside, with support from key technical indicators such as bullish MACD crossovers, oversold stochastic levels, and a neutral RSI. It’s essential to monitor the breakout above the $104,700-$105,705 level, which could signal a strong upward move. However, traders should use proper risk management techniques, such as setting stop-loss orders and managing position sizes carefully.
Always stay updated with market news and adjust your strategy based on any significant news or changes in the overall market sentiment.
BITCOIN making the FINAL PUSH! Only 6 months of BULL left!Bitcoin (BTCUSD) has had n astonishing symmetry among its Cycles in the past 11 years, as all three of the Bear Cycles have had identical durations (13 and 12 months twice) as well as the two Bull Cycles (both 35 months).
As a result, there is no reason to assume otherwise for the current Bull Cycle as well, which if it also lasts for 35 months, it will peak in October 2025. This means that BTC might 'only' have another 6 months of Bull Cycle ahead of it but that's not bad news as historically this phase tends to be the most aggressive part.
Even if it's not, various studies we've done before point out that a price around $150k would be more than fair and practically a 'pessimistic' scenario for the Cycle High.
Do you think that will be the case? Feel free to let us know in the comments section below!
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Ordinals Market Bottom, New 10X Bullish Wave In The MakingHere we have a true and perfect bottom. A rounded bottom.
The bottom is perfect because of the chart structure. First, there is a bullish wave, some bullish action. This is followed by a descent with a classic period of rest in-between the start and the end of the bearish move. After the down-wave is over, a perfect rounded bottom forms with a new All-Time Low. After the ATL, ORDIUSDT turns bullish. Classic sequence.
Here it is easy to appreciate how low Ordinals is trading compared to previous market phases, truly bottomed out. It is still trading below mid-November 2023. The only candle that is being matched right now is the first trading session in early November 2023 on the way up.
The same range was also active in February this year but this was part of the final descent.
The bottom leads to a recovery and the recovery will transform into a full blown bull market, growth long-term.
The targets on the chart are easy targets, it is likely that the new All-Time High in 2025 will end up being something higher than what is shown on this chart. Even if it doesn't go beyond, the second target amounts to more than 10X. Huge potential for growth.
Namaste.
Bitcoin - All time highs will come next!Bitcoin - CRYPTO:BTCUSD - prepares a significant move:
(click chart above to see the in depth analysis👆🏻)
Over the past couple of months, we basically only saw sideways price action on Bitcoin. However, this does not mean, that Bitcoin is now slowing down; actually the opposite is true and Bitcoin is setting up for a major move higher. New all time highs will come very soon.
Levels to watch: $100.000
Keep your long term vision!
Philip (BasicTrading)
Bearish sign but we think it pushes to MAJOR RESISTANCEYesterday CRYPTOCAP:BTC formed a BEARISH ENGULFING. We've spoken on this pattern countless times.
However, we didn't bring it up because we didn't/don't think it's relevant.
WHY? Look at the paltry volume. Bitcoin volume is SUPER LOW.
BTC is still in Bullish mode from Late 2022.
---
We turned Bullish again on CRYPTOCAP:BTC around early April:
A) We saw that huge Bitcoin selloff 4/7
2) Which reversed that same day
3) Followed by some buying a couple days later
4) More BTC accumulation 4/21 when it was under 88k
Major resistance coming up soon.
Pause HIGHLY LIKELY.
HolderStat┆BTCUSD retest $100 000 level🚀 After a grueling multi‑month consolidation boxed between mid‑90 k and 100 k, BTC finally sliced through its ceiling, confirming a textbook breakout from the rising wedge that grew out of March’s strong consolidation pennant. Price is stair‑stepping higher inside a fresh ascending channel, using 96 k as intraday support and chewing through 100 k supply. As long as this channel stays intact, traders can focus on the mapped path toward the projected new ATH near 115 k.
BTC - New Short-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈BTC has been overall bullish trading within the rising channel marked in blue.
Moreover, the green zone is a strong demand and structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support.
📚 As per my trading style:
As #BTC retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin’s Path to ATH: Final Wave or Just a Pause? Bitcoin ( BINANCE:BTCUSDT ) pumped about +2% after the " The United States has dropped its tariffs on Chinese goods to 30%, down from a brutal 145%, while China is slashing its own duties on US imports to just 10%, temporarily, for the next 90 days. " news, but then started to decline again. Do you think Bitcoin can see the new All-Time High(ATH)?
Bitcoin is moving near the Support zone($102,200-$101,680) and Support line .
In terms of Elliott wave theory , Bitcoin appears to have completed microwave 3 of the main wave 5 and is currently completing microwave 4 of the main wave 5 .
Given the momentum of the decline a few hours ago , I expect Bitcoin to either touch the previous low or create a new low in the 1-hour timeframe .
I expect Bitcoin to attack the Support zone($102,200-$101,680) once again and possibly touch the Support line and then attack towards the Resistance zone($109,588-$105,865) with the two scenarios I outlined on the chart .
Cumulative Short Liquidation Leverage: $106,943-$105,913
Cumulative Short Liquidation Leverage: $105,313-$104,787
Cumulative Long Liquidation Leverage: $102,198-$101,697
Note: If Bitcoin can move above $104,500 without correction, we can expect more pumping.
Note: If Bitcoin falls below $101,500, we can expect more declines.
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.
TradeCityPro | Bitcoin Daily Analysis #90👋 Welcome to TradeCity Pro!
Let’s dive into Bitcoin and major crypto indices analysis. As usual, I’ll walk you through the key triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see, the price has found support at the 101,628 level and is now moving back up toward the 104,866 resistance.
⭐ The first trigger for a long position was the breakout of 102,882, which confirmed the activation of a double bottom pattern and could’ve been a good entry point for a long.
✔️ The next key triggers are at 104,866 and 106,247. If you don’t already have a position open, you can enter on a breakout above these levels—but keep in mind it’s risky since there’s a strong supply zone nearby.
💥 From the RSI oscillator, a breakout above 57.41 can serve as confirmation of bullish momentum. In that case, you can take on more risk in long positions.
📉 For short positions, the first trigger is the breakdown of 101,628. If the price sets a lower high below 104,866, you can consider entering a short on the break of 101,628.
👑 BTC.D Analysis
Moving on to Bitcoin dominance—yesterday, dominance made a fakeout to the downside but came back above 62.65.
⚡️ To continue its downtrend, we can use 62.65 as the bearish trigger again. For a bullish confirmation, the next trigger is a breakout above 63.61.
📅 Total2 Analysis
Total2 had a pullback to 1.18 and is now heading back toward 1.24.
✨ We’ll confirm bullish continuation on a breakout above 1.24, and this can be used as a trigger for long positions.
🔽 For shorts, if the price prints a lower high under 1.24, a risky short could be considered on a breakdown below 1.18.
📅 USDT.D Analysis
Now looking at Tether dominance—like I mentioned yesterday, we were watching the 4.51 level for confirmation. That level held as support and blocked further Bitcoin upside.
🔔 Currently, a breakdown below 4.51 would confirm bearish continuation. If 4.70 breaks to the upside instead, we get confirmation of a deeper market correction.
❌ 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.
BTC/USDT: 2Potential Long Scenarios Within the Ascending ChannelHello guys!
There are two scenarios here:
Scenario 1: Breakout Continuation (Aggressive Long Entry)
Entry Zone: Around the current price (~$103,000–$104,000)
Reasoning: Price has bounced from the lower boundary of the channel and is now pushing higher with strong momentum. An aggressive long position can be considered with expectations that BTC will continue climbing toward the upper resistance line of the channel.
Target Zone: $110,000–$114,000 (marked in the yellow box)
Scenario 2: Pullback to Support (Conservative Long Entry)
Entry Zone: Between $96,000–$99,715
Reasoning: If BTC faces rejection near current levels or the midline of the channel, a healthy correction could bring the price back to a key demand zone, aligning with the lower trendline and horizontal support levels.
Target Zone: Same upper boundary of the channel ($110,000–$114,000)
BITCOIN on similar spot as before the U.S. elections! 155k next?Bitcoin (BTCUSD) broke last week above the Lower Highs trend-line of its December 2024 High and so far on the current 1W candle, it's consolidating on it.
This is the exact same price action we saw on the October 21 2024 1W candle, which after breaking above that Lower Highs trend-line at the time, it spend 2 weeks consolidating on it before the November 05 U.S. election result started a relentless 7 week rally just below the 2.0 Fibonacci extension.
Note that on both fractals, the Lower Highs break-out and then re-test, took place on the 0.786 Fibonacci retracement level. If BTC manages to close above it at all times, we will have a strong case to expect again a Bullish extension as last December. The symmetrical level just below the 2.0 Fib ext in today's terms is $155000.
Do you think that will be next after a short-term consolidation? Feel free to let us know in the comments section below!
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Bitcoin may drop to 102K points, exiting from pennantHello traders, I want share with you my opinion about Bitcoin. After breaking out of a multi-day range and launching a strong impulse from the buyer zone, the price has formed a clear upward pennant pattern. This technical formation often signals a potential slowdown in the bullish momentum, especially when it follows an aggressive move to the upside. The current price action shows that BTC has approached the resistance line of the pennant, but failed to generate further breakout strength. Each new impulse within the structure has weakened, and the market is starting to compress inside narrowing boundaries. The support area has been holding the structure temporarily, but the inability to push through the top of the pennant suggests growing exhaustion among buyers. This setup indicates that BTC may soon break downward from the pennant. So, I expect that it will make a correction that could drive the price down to the 102000 points, thereby exiting from pennant pattern. Please share this idea with your friends and click Boost 🚀
HelenP. I Bitcoin will continue to grow inside upward channelHi folks today I'm prepared for you Bitcoin analytics. The price has recently shown another confident bullish impulse, pushing higher within a clean ascending channel. The key moment was the breakout above the resistance zone, which had previously acted as a ceiling for the price. This breakout marked the continuation of a higher-high, higher-low sequence that confirms the strength of the ongoing trend. Then the market returned to retest this former resistance, now acting as support, and immediately bounced, reinforcing buyer control and validating the area as a foundation for the next move. Now BTC is holding firm in the upper half of the channel, maintaining its position above the trend line with little sign of weakness. This combination of sustained bullish structure, well-respected technical levels, and steady volume behavior suggests that the market is still preparing for higher levels. With the current structure and momentum, I expect BTCUSDT will continue its upward path within the channel. My goal is 108700 points, which aligns almost with the resistance line of the upward channel. If you like my analytics you may support me with your like/comment ❤️
Digital Euro: Separating Fact from Conspiracy TheoriesIn today’s fast-paced digital landscape, misinformation can spread rapidly and mislead even those well-intentioned readers. With the Digital Euro project circulating online, numerous pieces of fake news have surfaced—not just criticism or differing opinions, but outright falsehoods that may convince citizens, especially those less familiar with financial innovations, that the project is something it is not. In this article, we delve into the most common misconceptions and explain with clarity and factual context why these claims do not correspond with reality.
1. Myth: "The Digital Euro Will Replace Cash"
❌ False. Despite alarming headlines, cash will not vanish. The Digital Euro is poised to become an additional payment option alongside physical money. The Eurosystem is committed to ensuring that banknotes and coins remain accessible. In fact, plans are already underway to introduce new series of euro banknotes, reaffirming the continued value of cash in our daily transactions.
2. Myth: "The ECB Will Be Able to Control and Block Your Payments"
❌ False. Privacy is a cornerstone of the Digital Euro. Similar to the way cash transactions operate, offline payments would be possible without any tracking by the Eurosystem. This means that your personal transactions remain private and free from arbitrary interference. The design of the digital euro ensures that your financial autonomy is preserved.
3. Myth: "There Will Be Arbitrary Limits on How Much Digital Euro Can Be Held"
❌ False. Any limits imposed on holding digital euros would not be arbitrary measures of control but rather tools to safeguard financial stability. Such thresholds are considered from the perspective of systemic security—not the curtailment of individual freedom. The focus is on ensuring that the financial ecosystem remains resilient rather than monitoring or constraining individual spending.
4. Myth: "The Digital Euro Is a Way to Introduce Negative Interest Rates on Deposits"
❌ False. The digital euro is designed to mirror cash in its fundamental properties—namely, being interest-free. It is not a mechanism for financial authorities to impose negative interest rates on personal funds. The purpose is to complement traditional cash by offering a modern payment solution without altering the neutrality of money.
5. Myth: "It Will Be Mandatory to Use the Digital Euro"
❌ False. Use of the digital euro is entirely optional, serving as one out of many available payment instruments. Just as consumers choose between cash, credit cards, or other digital means, the digital euro is simply an additional tool. No regulation compels you to adopt this innovation if you prefer your existing methods.
6. Myth: "Banks Will Lose All Their Role"
❌ False. The introduction of the digital euro will not render banks obsolete. Banks will continue to provide essential financial services, acting as intermediaries and offering the digital euro alongside other products. The evolution of the payment system enhances consumer choice without dismantling the traditional banking framework.
7. Myth: "The Digital Euro Will Be Programmable, So They Will Tell You How to Spend Your Money"
❌ False. The concept of programmability—that is, dictating how funds are spent—has been explicitly ruled out by the ECB. Both proposals from the European Commission and the legislative frameworks confirm that the digital euro will not be programmable. The goal is to maintain financial freedom and user discretion, similar to how cash operates.
8. Myth: "It's a Project to Eliminate Cryptocurrencies"
❌ False. Rather than extinguishing cryptoassets, the Digital Euro is designed to coexist alongside them. While cryptocurrencies are often speculative and volatile, the digital euro aims to offer a more stable and secure means of payment. The two are intended to serve different purposes: cryptoassets are generally considered investment or speculative instruments, whereas the Digital Euro would fulfill everyday transactional needs.
9. Myth: "There Will Be No More Privacy in Payments"
❌ False. Privacy in the digital age remains a top priority. Offline transactions with the Digital Euro will mirror the privacy features of cash, shielding your personal data. For online transactions, robust privacy regimes are in place. Importantly, the issuer—the Eurosystem—will not have the ability to directly connect transactions to specific individuals, ensuring that your financial privacy is maintained.
Conclusion
The Digital Euro is not the harbinger of a new era of financial surveillance or control. Instead, it represents an additional, modern means of payment designed to coexist with traditional cash and current banking services . By dispelling these myths, we hope to foster a clearer understanding of the Digital Euro project and promote informed discussions based on official facts.
Embracing accurate information is crucial to navigating the ever-changing world of digital finance, ensuring that choices are made based on facts rather than fictions.
FX_IDC:EURUSD TVC:DXY TVC:EXY INDEX:BTCUSD CRYPTO:BTCUSD TVC:SPX EUREX:FESX1! EURONEXT:N100 AMEX:FXE TVC:GOLD FX_IDC:XAUUSD
BTC at Critical DP: Rising Wedge Breakdown or Bounce?!Hello guys!
1. Bearish Breakdown (Primary Setup):
If price breaks below the rising wedge support and sweeps the recent low, it confirms the breakdown.
This would be a strong signal to enter short positions, with a downside target around the 99,000–98,500 zone.
Breakdown confirmation: Close below both wedge support and the horizontal support from the previous swing low.
2. Bullish Bounce (Alternative Setup):
If price respects the wedge support and shows bullish momentum (e.g., strong wick rejections or bullish engulfing candle), the wedge may invalidate.
In this case, look for long opportunities targeting the upper wedge boundary and possibly higher resistance zones beyond 104,000.
📌 Strategy Summary:
🔻 Breakdown = SHORT to target area (below 100K)
🔺 Support holds = LONG toward 104K+
Risk management is crucial here, as the pattern is at a tipping point. Wait for a clear breakout or bounce before entering a position.