Critical zone for Bitcoin – Pump or Dump!(Mid-term Analysis)Today, I want to analyze Bitcoin ( BINANCE:BTCUSDT ) on a weekly time frame so that you can take a mid-term view of BTC. On November 12, 2024 , I shared with you another weekly analysis in which we found the All-Time High(ATH) zone well.
Please stay with me.
Bitcoin has been on an upward trend for the past 27 months , increasing by about +600% . Have you been able to profit from this upward trend in Bitcoin?
During these 27 months , Bitcoin has had two significant corrections , the first correction -20% and the second correction -33% (interestingly, both corrections lasted about 5 months ).
Another thing we can understand from the two main corrections is that the second correction is bigger than the first correction , and since Bitcoin is currently in the third correction , we can expect the third correction to be either equal to the second correction or greater than the second correction . Of course, this is just an analysis that should be placed alongside the analyses below .
It seems that the start of Bitcoin's correction can be confirmed with the help of the Adam & Adam Double Top Pattern(AADT) . Bitcoin also created a fake breakout above the Resistance lines .
Educational tip : The Adam & Adam Double Top (AADT) is a bearish reversal pattern characterized by two sharp, ^-shaped peaks at nearly the same price level. It indicates strong resistance and a potential trend reversal once the price breaks below the neckline between the peaks.
Bitcoin appears to be completing a pullback to the broken neckline .
According to Elliott's Wave theory , Bitcoin seems to have completed its 5 impulse waves , and we should wait for corrective waves . It is a bit early to determine the structure of the corrective waves , but I think it will have a Zigzag Correction . The structure of the corrective waves depends on the news and events of the coming weeks and months.
I think the Potential Reversal Zone(PRZ) will be a very sensitive zone for Bitcoin.
I expect Bitcoin to start correcting again when it approaches $87,000 or $90,000 at most, and fills the CME Gap($86,400_$85,595) , and at least approaches the Heavy Support zone($73,800_$59,000) AFTER breaking the uptrend line .
In your opinion, has Bitcoin finished its correction or created an opportunity for us to escape again?
Note: If Bitcoin goes above $90,500, we should expect further increases and even make a new All-Time High(ATH).
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), Weekly 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.
Bitcoinprediction
Market overview
WHAT HAPPENED?
Last week, US President Donald Trump announced the amount of trade duties on imported goods. Bitcoin was restrained from falling in the $83,600–$82,500 zone, but the selling pressure turned out to be stronger, and we updated the local minimum.
At the moment, we’ve dropped to the buy zone of $77,000–$73,000 (volume anomalies pushing volumes). Volumes have been increased, and most liquidations are priced at $75,200.
WHAT WILL HAPPEN: OR NOT?
We expect a rebound from the current buyer's zone. The reversal formation hasn’t been formed yet, so long positions are only possible on the spot asset. For margin trading, it’s necessary to wait for additional confirmation.
A more negative scenario is a decrease to the next zone of accumulated volumes of $69,000-$60,600. The probability of such a decline without a proper rebound is very low.
Sell Zones:
$82,000–$83,900 (high-volume zone)
$85,600–$88,000 (absorption of buyer's market aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$77,000–$73,000 (volume anomalies, pushing volumes)
$69,000–$60,600 (accumulated volumes)
IMPORTANT DATES
We’re following these macroeconomic developments:
• Wednesday, April 9, 2:00 (UTC) — announcement of the New Zealand interest rate decision;
Wednesday, April 9, 18:00 (UTC) — publication of FOMC minutes;
• Thursday, April 10, 12:30 (UTC) — publication of the basic US consumer price index for March, as well as in comparison with March 2024, and the number of initial applications for US unemployment benefits;
• Friday, April 11, 06:00 (UTC) — publication of UK GDP for February and German consumer price index for March;
• Friday, April 11, 12:30 (UTC) — publication of the US producer price index for March.
*This post is not a financial recommendation. Make decisions based on your own experience.
#analytics
Time Has Came For Bitcoin NOW!!!As Updated previously on Macro, We have reached at crucial zone. According to Elliott wave count on big picture, BTC formed ending diagonal and now approaching at it's reversal points. From this area of 75-69k region, there's high probability of trend reversal and we will soon see shorters getting rekt
Bitcoin: Breaking Below $80K Soon,10% Correction on the Horizon?Hey Realistic Traders, Bitcoin is consistently hitting new lower lows. Could this signal that the bear market is here to stay? Let’s dive in.......
On the H4 chart, Bitcoin is clearly in a bearish phase. It consistently trades below both the trendline and the EMA 200, reinforcing the downtrend. Additionally, a rising wedge pattern has formed and broken out, and the MACD has shown a bearish crossover. This crossover is a key indicator, signaling that momentum is shifting from buyers to sellers.
Together, these signals suggest that Bitcoin may drop toward our first target at 79,081. After reaching this level, a short pullback is expected as traders take profits before the price continues its descent toward a new low at 73,633.
This outlook remains valid as long as the price moves below the stop-loss level at 89,557
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin.
Bitcoin Bullish Idea I'll be buying for that point of interest 78544.71 if I see confirmation for reversal. Though H8 zone 79100.20 looks valid too as the price has triggered it and rejects it awesomely.
My projection is this new week is going to be Bullish not just for Bitcoin but some other. Crypto pairs too.
I'm bullish on Eth as well.
Kindly boost if you find this insightful 🫴
BITCOIN SEEMS TO FOLLOW THIS PATH TOWARDS 120k !!!According to elliott wave count, If BTC has completed it's macro wave (IV), then we can expect it moving to complete it's macro wave (V).
In this case if recently impulse move is counted as micro wave (i), then we can expect reversal from 81-79K region very soon.
Otherwise, if micro count gets Invalid, then reversal can be expected from up to 76-70k .
Important key level is breakout of 95k which would confirm reverse in trend.
Bitcoin Holding PRZ Support Lines – Is a Weekend Rebound Coming?First of all, I would like to say that the Trading Volume is generally low on Saturdays and Sundays , so I don't expect the Support Lines and Potential Reversal Zone(PRZ) [$82,340-$82,000 ] to break. Of course, we should always be prepared for any scenario.
Bitcoin ( BINANCE:BTCUSDT ) is moving near the Support lines and PRZ , and with the help of the Failed Falling Wedge Pattern , Bitcoin has declined in the last few hours .
Educational Note : In technical analysis, if a Reversal Pattern fails , it often acts as a Continuation Pattern instead .
I expect Bitcoin to trend upward in the coming hours and be able to reach the targets I have outlined on the chart.
Note: If Bitcoin touches $81,900, we should most likely expect more dumping.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 15-minute 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.
#Bitcoin Yearly Analysis #Bitcoin Trading around $83.6k
Now, As per Weekly Chart Analysis-
If you go for Bitcoin 4 years of Cycle of #Halving to #Halving, it includes always #Bullish #Bearish & Stable Zones of Bitcoin & #Altcoins tradings..
Now, as per yearly cycle..
Bitcoin moved always as per 3 Green & 1 Red Cycle, as per that scenario 2023, 2024 & 2025 is Green Candles year & 2026 will be Red Candle year of #BearishZone.
So, this seasons #BullRun last phase will be starts around August onwards to Dec-Jan. 2026 and after that market will be go under deep #BearishZone.
So, don't be panic at hard, that's the last opportunity time frame of 120/150 days, in which you will be make your again entry points on hard max. time around june-July 2025 at last for #Bitcoin Last time Lower-Low of approx. FWB:65K -67k.
Anyways,
Always #DYOR and Trade Wisely by using of #StopLoss strategy... 🙏
IP ANALYSIS🔮 #IP Analysis 💰💰
🌟🚀 As we can see that #IP is trading in a symmetrical triangle and there was a breakdown of the pattern. Last time there was a bullish move from the same support level. We can expect again a bullish momentum from its major support level🚀🚀
🔖 Current Price: $4.190
⏳ Target Price: $5.500
#IP #Cryptocurrency #DYOR
USDT Dominance Good for Bitcoin price actionHello everyone!
I want share my price analysis at USDT Dominance.
The reason i am making Bitcoin price action analysis at USDT Dominance is here chart is more clear and gives me better view of what is happening at market.
After Trump inauguration day most of retail traders excepted bullish bitcoin, but we saw strong sellers, that means bitcoin will find new strong buyer and it will reach new high then, but i think the new high will be maybe 2026 or 2027. if we will look at USDTD we will see the price action is still uptrend, but not too strong it tested well support after 1D double bottom and went higher.
my price prediction will be it will test 6.75 were it will get huge reaction, but the price will come back second time and we need to wait for that moment, if we will get same price reaction, it will be start of bullish bitcoin, at the moment i think bitcoin will be at 55000 or 60000, but if USDTD will brake 6.75 then we need to wait Bitcoin at 40000-45000.
We will see what will happen that's only my opinion it will happen.
Always make your own research
Bitcoin vs. Nasdaq: BTC Shows Signs of Decoupling Amid US Stock
For years, the narrative surrounding Bitcoin’s price action has been inextricably linked to the performance of traditional financial markets, particularly the tech-heavy Nasdaq Composite. Often moving in lockstep, Bitcoin was viewed by many as a high-beta asset, amplifying the gains during bullish periods and suffering even steeper losses when risk sentiment soured in equities. However, recent market movements have sparked a crucial question among investors and analysts alike: is Bitcoin finally beginning to forge its own path, decoupling from the gravitational pull of U.S. stocks as they face mounting headwinds?
The past few weeks have witnessed a notable divergence. While U.S. stock markets, reeling from a confluence of factors including escalating geopolitical tensions stemming from a potential “Trump tariff war,” persistent inflation concerns highlighted by Federal Reserve Chair Jerome Powell’s hawkish warnings of “higher inflation and slower growth,” and broader macroeconomic anxieties, have experienced a significant downturn – shedding a staggering $3.5 trillion in value – Bitcoin has demonstrated a surprising degree of resilience, even posting gains in some instances. This nascent divergence has ignited a wave of optimism among Bitcoin proponents who have long yearned for the digital asset to be recognized and traded based on its own fundamental merits, rather than as a mere proxy for risk-on sentiment in the equity markets.
The concept of Bitcoin decoupling from traditional assets has been a recurring theme in the cryptocurrency space. The original thesis for Bitcoin, after all, positioned it as a decentralized, censorship-resistant store of value and a hedge against traditional financial system vulnerabilities. Its finite supply, its independence from central banks and government policies, and its inherent scarcity were touted as key differentiators that would eventually lead it to trade independently. However, the reality of the past few years has often painted a different picture, with institutional adoption bringing increased correlation with established asset classes.
The current shift, however tentative, offers a glimmer of hope for those who believe in Bitcoin’s unique value proposition. The factors contributing to the stock market slump – trade war anxieties, inflation fears, and the prospect of tighter monetary policy – arguably strengthen the case for Bitcoin as an alternative asset. In times of economic uncertainty and currency debasement concerns, the fixed supply and decentralized nature of Bitcoin could become increasingly attractive to investors seeking a safe haven outside the traditional financial system.
Furthermore, the increasing maturity of the Bitcoin market, with the development of more sophisticated trading instruments, greater institutional participation, and a deeper understanding of its underlying technology, may be contributing to its growing independence. As Bitcoin gains broader acceptance as a legitimate asset class, its price discovery mechanisms may become less reliant on the sentiment driving traditional equity markets.
However, it is crucial to approach this apparent decoupling with a degree of caution. While the recent divergence is encouraging for Bitcoin bulls, it is too early to definitively declare the long-awaited break has finally arrived. Market correlations can be fluid and influenced by a multitude of factors. A sudden shift in global risk sentiment or a significant negative event specific to the cryptocurrency space could easily re-establish the link between Bitcoin and traditional assets.
Adding a layer of complexity to the current narrative is the warning from some analysts regarding a potential Bitcoin price correction. Despite the recent resilience, multiple BTC price forecasting models have pointed towards a scenario where Bitcoin could fall back to its 2021 all-time high of around $70,000 in a relatively short timeframe – some even suggesting this could occur within the next ten days. This potential “crash risk,” as one analyst termed it, is attributed to various technical and market cycle indicators.
The notion that $70,000 could represent Bitcoin’s “practical bottom,” as suggested by some, highlights the inherent volatility and speculative nature of the cryptocurrency market. Even if Bitcoin is beginning to decouple from traditional equities, it remains susceptible to its own unique set of risks and price swings. Factors such as regulatory developments, network security concerns, and shifts in investor sentiment within the crypto space can still exert significant influence on its price.
Therefore, while the current divergence between Bitcoin and the struggling U.S. stock market offers a compelling narrative and fuels the hopes of long-term Bitcoin holders, it is essential to maintain a balanced perspective. The confluence of factors driving the stock market decline could indeed be creating an environment where Bitcoin’s unique characteristics become more appealing, leading to a sustained period of independent price action. However, the inherent volatility of the cryptocurrency market and the potential for a significant correction remind investors that the journey towards true decoupling is likely to be a complex and potentially bumpy one.
In conclusion, the recent market dynamics present a fascinating juncture for Bitcoin. The initial signs of decoupling from the crumbling U.S. stock market, driven by a confluence of macroeconomic anxieties and the potential for Bitcoin to act as an alternative store of value, are undeniably encouraging for those who believe in its long-term potential. However, the warnings of a potential price correction underscore the inherent risks within the cryptocurrency space. Whether this nascent decoupling marks a definitive shift in Bitcoin's market behavior or proves to be a temporary divergence remains to be seen. Investors would be wise to monitor these trends closely, remaining cognizant of both the potential for independent growth and the ever-present risks associated with this dynamic and evolving asset class. The coming weeks and months will be crucial in determining whether Bitcoin can truly forge its own path in the face of traditional market turmoil.
BTC/USDT Analysis: Local Growth or Continued Decline?Yesterday, Bitcoin continued its decline from the previously mentioned volume zone, but there was no confirmed breakdown below it or a breach of the local low.
At the moment, a trend reversal to the upside has formed.
Currently, the zone of accumulated volume has shifted and is now located in the $83,600–$82,500 range.
A breakout above or below this zone will define the local trend for the coming days.
Our primary scenario considers an upward move toward the $85,600–$88,000 sell zone (absorption of buyer aggression), from where we expect selling pressure to resume.
Sell Zones:
$85,600–$88,000 (absorption of buyer aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$77,000–$73,000 (volume anomalies, pushing volumes)
Bitcoin Faces a "Resistance Lines WALL" – Breakout or Breakdown?Bitcoin ( BINANCE:BTCUSDT ) started to rise as I expected in my previous post and hit all targets . Will Bitcoin continue the upward trend of the past two days!?
Please stay with me.
First of all, I have to say that Bitcoin is facing a Wall of Resistance lines ( intersection of at least 4 Resistance lines ). Do you think Bitcoin can easily break these resistance lines with a single attack?
Bitcoin is trading near the Resistance zone($87,520_$85,840) , Potential Reversal Zone(PRZ) , and a Series of Resistance lines .
In terms of the Elliott Wave theory , Bitcoin appears to have completed Corrective waves . The corrective wave structure in the Ascending Channel is a Double Three Correction(WXY) .
I expect Bitcoin to drop to $85,000 in the first step in the coming hours. The Second target is $84,333 , and if the Support zone($84,430_$83,170) is broken, we should wait for the CME Gap($80,760_$80,380) to fill.
Do you think Bitcoin can break the wall of the Resistance lines, or will it start declining again?
Note: Donald Trump's speeches over the next hours could also affect the market, so trade a little more cautiously during this hour.
Trump’s Speech & Potential Tariffs
In today’s speech, Trump is expected to discuss new tariffs on imports from China, Mexico, and Canada, possibly ranging from 20-25%. If confirmed, this could impact global markets, strengthen the USD, and increase economic uncertainty.
Note: If Bitcoin touches $89,000, we should most likely expect more pumping.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 4-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.
Bitcoin - Bulls Defend Support: Is a Sell-Off Still Possible?A Major Support Zone Holds Once Again
Bitcoin just tapped into a key 4-hour support level, a zone where price has repeatedly bounced in the past. This area has proven to be a strong demand zone, with buyers stepping in each time price reaches it. What makes this level even more significant is that it perfectly aligns with the golden pocket Fibonacci retracement level, a key technical area where price often finds support before continuing its trend.
As expected, BTC reacted strongly upon reaching this zone, showing a sharp rejection and bounce to the upside. This confirms that buyers are still actively defending this area, and as long as we hold above this level, the probability of a move higher remains strong.
A Huge Imbalance Zone Above – Where Is BTC Likely Headed?
Looking ahead, the most interesting aspect of this setup is the large imbalance zone sitting above the current price. When price moves rapidly in one direction without much consolidation, it creates an inefficiency or imbalance in the market. These imbalances tend to get filled over time as price naturally retraces back to these areas.
In this case, there’s a significant imbalance above us, making it highly likely that Bitcoin will push higher in the coming sessions to correct this inefficiency. I’m targeting at least a 50% fill of this imbalance zone, as this is typically where price starts to show some reaction. This would put BTC at a critical decision point where we could either see further upside or a rejection back down.
If buyers remain in control, we could see Bitcoin fully filling this imbalance, which would push price towards the 84-85K range, a key area to watch for potential reversals.
What If Bitcoin Loses This Key Support?
While the current reaction from support looks promising, we always need to consider the bearish scenario. If Bitcoin fails to hold this golden pocket level and strong support zone, it could open the door for a much deeper retracement.
In this case, BTC could drop significantly, with the next major support sitting around the $72K level. This area represents a critical demand zone where buyers would likely step in more aggressively. A breakdown toward $72K would also signal a much larger corrective move within the broader trend, possibly shifting market sentiment in favor of bears.
What Comes Next?
Right now, Bitcoin is at a crucial point. The bounce from support suggests bullish strength, but the key test will be whether BTC can sustain this momentum and push into the imbalance zone. If we see a clean move into this area, I’ll be watching for potential short setups, as price often struggles to break through these zones in one attempt.
On the other hand, if Bitcoin fails to hold above this golden pocket and key support, the next logical move would be a retest of the $72K region, where buyers will have another chance to defend the trend.
For now, I remain cautiously bullish, expecting at least a partial fill of the imbalance before any major rejection. Let’s see how price action develops in the coming sessions!
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Navigating BTC Volatility Storm: Buy, Hold, or Flee?Bitcoin's recent price action has been reminiscent of a rollercoaster, leaving investors grappling with a whirlwind of conflicting signals. From sharp drops mirroring stock market turmoil to the looming "death cross," the cryptocurrency's trajectory is shrouded in uncertainty. Is this a prime buying opportunity, a warning to retreat, or simply another bout of the volatility that defines Bitcoin?
The past few days have been a stark reminder of Bitcoin's inherent volatility. Reports of an 8% drop, coupled with the US stock market shedding $2 trillion in value, sent ripples through the crypto sphere. The catalyst? Concerns surrounding potential US tariffs and their impact on the global economic outlook. This sudden shift in market sentiment triggered a sell-off, reminiscent of the COVID-19 crash in 2020, during which Bitcoin’s pre-pandemic gains evaporated.
Adding to the unease is the looming "death cross," a technical indicator that occurs when the 50-day moving average crosses below the 200-day moving average. Historically, this pattern has signaled bearish momentum. The 2022 death cross, for example, precipitated a significant price drop of nearly 20%. Conversely, "golden crosses," where the 50-day moving average crosses above the 200-day moving average, have historically signaled bullish momentum, triggering rallies of over 500% in 2020 and 2021.
Currently, Bitcoin's 50-day moving average is edging closer to this critical crossover, prompting widespread speculation. Is this a repeat of 2022, or will the market defy historical patterns? The answer, as always, is complex and contingent on a confluence of factors.
One significant factor is the strength of the US dollar. While the dollar's strength can often negatively impact Bitcoin, the current increase in the money supply could potentially counteract this effect, creating a bullish flag pattern. The dollar's inflation may become a catalyst for Bitcoin as a store of value. The global market dynamics are currently shrouded in uncertainty, making it difficult to predict the long-term impact of these factors.
The recent price drops have pushed Bitcoin towards the $80,000 mark, with some analysts predicting a potential fall to $71,000. However, this level could also represent a "sizeable bounce," acting as a strong support zone for Bitcoin. The concept of an "oversold bounce" also comes into play. After a period of intense selling pressure, markets often experience a relief rally as traders capitalize on discounted prices. Whether this materializes remains to be seen.
Is it a Good Time to Buy Bitcoin?
The decision to buy, hold, or sell Bitcoin depends on an individual's risk tolerance, investment strategy, and understanding of the market. Here's a breakdown to consider:
• For the Long-Term Investor:
o Bitcoin's long-term potential remains a compelling narrative. Its decentralized nature, limited supply, and growing adoption continue to attract institutional and retail investors.
o Price volatility is an inherent part of the Bitcoin journey. Historically, periods of sharp declines have been followed by significant rallies.
o Dollar-cost averaging (DCA) can mitigate the impact of volatility by investing a fixed amount at regular intervals, regardless of the price.1
o The strength of the US dollar may become a catalyst for Bitcoin as a store of value.
• For the Short-Term Trader:
o The current volatility presents opportunities for skilled traders to profit from price swings.
o Technical analysis, including monitoring moving averages and support/resistance levels, is crucial for identifying potential entry and exit points.
o However, short-term trading is inherently risky and requires a deep understanding of market dynamics.
o The "death cross" should be monitored carefully.
• For the Cautious Investor:
o The current market uncertainty may warrant a more conservative approach.
o Diversifying investments across different asset classes can help mitigate risk.
o Staying informed about market developments and avoiding emotional trading decisions is essential.
The Death Cross: A Warning or a False Alarm?
The "death cross" is a significant technical indicator, but it's not a foolproof predictor of future price action. Historical data show that while it can signal bearish trends, it's not always accurate. Market conditions, investor sentiment, and macroeconomic factors can all influence Bitcoin's trajectory.
Ultimately, the Bitcoin market remains highly speculative. The current volatility, driven by a confluence of factors, underscores the importance of careful research, risk management, and a long-term perspective. While the "death cross" and market fluctuations may cause short-term panic, the long-term potential of bitcoin, and it's reaction to the weakening dollar, may still produce long-term gains.
BTC/USDT Analysis: Expected DumpYesterday, Bitcoin tested the key sell zone at $86,000–$87,200.
Later that evening, D. Trump made statements regarding mutual trade tariffs on imported goods. Initially, he announced a 10% base tariff for all countries, which was perceived positively, pushing Bitcoin up to $88,000. However, shortly after, tariffs of 34% for China and 20% for the EU were introduced, causing the market to plummet sharply.
As a result, the $86,000–$87,200 sell zone has been validated, but with a short squeeze.
At the moment, we have dropped to the local buyer zone of $83,800–$82,800, where significant volumes have already accumulated.
Currently, the primary scenario favors further downside movement. If this plays out, we will form a new volume-based sell zone at $82,500–$83,800, which should be considered for re-entry upon a retest.
Sell Zones:
$82,500–$83,800 (volume zone)
$85,600–$88,000 (absorption of buyer aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$77,000–$73,000 (volume anomalies, pushing volumes)
BTC/USDT Analysis: Local EuphoriaYesterday, right after the release of our analysis, Bitcoin absorbed the entire breakout of the trendline with buyer aggression.
At the moment, we have reached the sell zone at $86,000–$87,200 (absorption of buyer aggression) and have already observed an abnormal spike in volume.
The main expectation is a decline, at least to the new local buyer zone at $83,800–$82,800.
On a broader scale, we could still see a drop down to the $76,700 low.
Sell Zones:
$86,000–$87,200 (absorption of buyer aggression)
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$83,800–$82,800 (local volume zone)
$77,000–$73,000 (volume anomalies, pushing volumes)
CME Gap Target: Is Bitcoin Headed for $80K!?Bitcoin ( BINANCE:BTCUSDT ) is moving in the important Support zone($84,120_$81,500) , and on the 1-hour time frame , Bitcoin is moving near the Support zone($82,360_$82,000) and the lower line of the ascending channel (small) .
Overall, Bitcoin has started another downtrend after breaking the lower line of the ascending channel (big) .
Since trading volume is generally low on Saturdays and Sundays , it is unlikely that the important Support zone($84,120_$81,500) will be broken before the financial markets open .
In terms of Elliott Wave theory , Bitcoin appears to have completed the main wave 3 at $81,644 and is currently completing microwave C of the main wave 4 . The main wave 4 will most likely have a Zigzag Correction(ABC/5-3-5) .
In general, the financial markets and US indices such as TVC:DJI , SP:SPX CME_MINI:NQ1! were not in a good state last week , and this trend will most likely continue next week . The tariffs that Donald Trump is imposing on countries around the world, as well as the turbulent situation in the Middle East , will all lead to the possibility of a fall in Bitcoin and other financial markets in the coming days.
I expect Bitcoin to make at least a temporary increase to $83,200 and then next target the Resistance zone($84,380_$83,580) and the upper line of the ascending channel before starting to fall and attack the important Support zone($84,120_$81,500) and also fill the CME Gap($80,760_$80,380) .
Note: If Bitcoin breaks above the Resistance zone($84,380_$83,580), we can 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.
BITCOIN Update: What We Can Expect Next???According to current price action we can expect 3 scenarios:
Scenario 1: BTC is currently at it mid range resistance. If it breaks above this resistance then we may probably see price approaching range high and even beyond.
Scenario 2: If it fails to break and rejects, then most probably we can expect reversal from range low demand zone, which aligns with cypher harmonic pattern's PRZ.
Scenario 3: In worst case, we may see BTC dumping upto 74-70K region, and from there we will most probably see trend reversal.
Most crucial level to watch in all scenarios is 95k region, if it breaks successfully above it, then we will see BTC slamming new ATH.
BTC/USDT Analysis. Watching for Further DeclineYesterday, Bitcoin experienced a local rebound, reaching the sell zone.
Our weekly scenario remains unchanged—we still expect further downside movement. Several factors support this view: the reaction in the sell zone and weak price action during the upward move (each high is struggling to break through).
All zones remain active. We are monitoring the break of the trendline, and on a pullback, we will look for short entries.
Sell Zones:
$84,000-$85,300 (pushing volumes)
$86,000-$87,200 (absorption of buyer's market aggression)
$95,000-$96,700 (accumulated volumes)
$97,500-$98,400 (pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zone:
$77,000-$73,000 (volume anomalies, pushing volumes)
Bearish Trend Meets Bullish Momentum: Is BTC Ready for a Rebound📉 Bitcoin is currently in a strong bearish trend on higher timeframes, but 📈 the 1-hour timeframe shows a break of structure and bullish momentum. This suggests a potential short-term pullback into the previous range, aligning with the 50% Fibonacci retracement level. 🔄 Additionally, there’s a bearish imbalance above that could be rebalanced. While this presents a possible buy opportunity, ⚠️ it’s a high-risk setup due to the overall bearish trend. Always trade with caution! 🚨
Disclaimer
⚠️ This is not financial advice. Trading involves significant risk, and you should only trade with funds you can afford to lose. Always do your own research and consult a professional if needed. 💡