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BTC/USD: Do You Think Bitcoin Will Break Above $100K Again?By analyzing the #Bitcoin chart on the weekly timeframe, we can see that after our last analysis, the price successfully hit the $80,800 target and even dropped close to the second target at $73,700. Eventually, after forming a bottom around $74,400, Bitcoin saw renewed demand and has since surged to $93,600. Take note: the $93,480 to $99,500 zone is a key supply area, and the primary expectation is for the price to face rejection from this level. However, after a possible short-term correction, I expect Bitcoin to resume its upward move toward targets above $100,000. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban Latest Analysis :
Long
by ArmanShabanTrading
8
DeFi Index Completes Irregular Flat Correction; Bulls Back?DeFi Index may have a completed irregular flat correction within an uptrend, which may cause another rally this year, according to Elliott wave theory. Cryptocurrencies are recovering and DeFi Index is now bouncing back above EW channel, so a five-wave impulse into wave (C) of an irregular (A)(B)(C) flat correction in blue wave B can be finished. It means that a higher degree blue wave C can now be in play, which can rally this year all the way back to March 2024 highs. Is this the beginning of an ALTseason? A basic bullish irregular flat correction is a three-wave (A-B-C) pattern where wave B exceeds the start of wave A and wave C dips below wave A before the overall bullish trend resumes.
Long
by ew-forecast
BITCOIN Bulls in Control - Next Stop: $94,000?COINBASE:BTCUSD is trading within an ascending channel, signaling bullish momentum. The price has consistently respected the channel boundaries, forming higher highs and higher lows, which aligns with the continuation of the uptrend. After consolidating within a tight range for several days, COINBASE:BTCUSD has broken out with strong momentum. The price may now be pulling back for a retest of the previous resistance zone. If buyers step in and confirm this area as support, a move toward the channel’s upper boundary around $94,000 becomes likely. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong rejection wicks from the support zone, or increased buying volume, before considering long positions.
BITSTAMP:BTCUSDLong
by DanieIM
136
BITCOIN Well well well.. The break-out happened..Bitcoin (BTCUSD) completed a massive break-out yesterday as it convincingly left the 1D MA50 (blue trend-line) behind on its strongest 1D green candle since . The foundation of this was a 1D RSI Bullish Divergence on the April 08 2025 Low. This is the same kind of Bullish Divergence that took place on the September 06 2024 Low and resulted in a similar Lower Highs bullish break-out. After an October 02 2024 re-test of the 1D MA50, the trend-line became the new Support all the way to the 3.382 Fibonacci extension (measured from the last Lower High). As a result, we expect BTC's next medium-term Target to be $130000 (just below the new 3.382 Fibonacci extension). So do you think the pattern will be repeated? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
4
Phemex Analysis #75: Bitcoin (BTC) Breaking Out $90,000 Barrier!Bitcoin ( PHEMEX:BTCUSDT.P ) has demonstrated significant bullish momentum, decisively breaking through the critical $90,000 resistance level. This breakout follows a period of sustained accumulation and increasing institutional interest, signaling a potential continuation of the upward trend. The psychological significance of the $90,000 barrier being breached with strong volume suggests renewed investor confidence and could pave the way for further gains. Let's explore the possible scenarios for Bitcoin's price action following this significant breakout. Possible Scenarios 1. Sustained Bullish Momentum With the $90,000 resistance now acting as potential support, Bitcoin could experience sustained bullish momentum, targeting higher price levels. Pro Tips: Monitor volume confirmation on further upward movements. Strong volume indicates continued buying interest. Identify potential new resistance levels, such as $95,000 and $100,000. Consider entering long positions on pullbacks to the $90,000 support level, provided it holds. Place stop-loss orders below the $90,000 level or a recent swing low to protect against a potential reversal. 2. Consolidation Above $90,000 Following the strong breakout, Bitcoin might enter a period of consolidation above the $90,000 level as the market digests the gains and establishes a new support zone. Pro Tips: Identify the range of consolidation, looking for clear support around $90,000 and a defined upper resistance. Consider range-bound trading strategies within this consolidation, but be prepared for a potential breakout. Phemex Grid Bots is one of the best tools to stay Profitable in Consolidate then Breakout scenario. 3. Potential Retest of $90,000 It's possible that Bitcoin could retrace to retest the $90,000 level as new support before continuing its upward trajectory. This is a common occurrence after significant breakouts. Pro Tips: Watch for strong buying pressure if the price retraces to the $90,000 level, indicating it's holding as support. Look for bullish reversal candlestick patterns around the $90,000 zone. Consider entering long positions on a successful retest with clear bullish confirmation. Place stop-loss orders below the $90,000 level to manage risk in case the support fails. Conclusion Bitcoin's breakout above the $90,000 barrier is a significant bullish development. While sustained upward momentum is a strong possibility, traders should also be prepared for potential consolidation or a retest of the breakout level. By carefully monitoring volume, identifying key support and resistance levels, and implementing appropriate risk management strategies, traders can position themselves to capitalize on the potential opportunities presented by Bitcoin's current price action. Pro Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
IO/USDT Weekly Trend Analysis and Reversal OpportunitiesThis analysis offers a detailed review of the IO/USDT weekly chart with a focus on identifying potential reversal zones that may provide attractive trading opportunities. The current market trend is bearish; however, two notable price levels—approximately 0.366 and 0.163—have been identified as potential support zones, suggesting a possibility for trend reversal. Key observations: • Reversal Zones: These levels, clearly marked on the chart, could represent areas where buyers may step in and reverse the price decline. • Consolidation Areas: Horizontal areas of consolidation indicate periods where the price may pause before resuming its movement. • Current Price Dynamics: The asset is trading at 0.664, with a modest weekly increase of +1.68%, offering an intriguing counterpoint to the prevailing downtrend. This organized analysis is intended to provide traders with clear, actionable insights for identifying potential entry points and refining their overall technical evaluation of IO/USDT.
Short
by whalebuzzz
ChainLink (LINK/USD): A Bullish Breakout on the Horizon?Hey there, traders! Let’s take a closer look at ChainLink (LINK/USD) on the daily chart. There’s some interesting action that might point to a bullish move, but let’s break it down with a bit of caution to see if the stars are truly aligning. Price Action After a consistent downtrend, we’re seeing a potential shift at $11.23. There’s a bullish reversal candle showing up here, which could suggest buyers are stepping in at this key support level. It looks promising, but we’ll need more confirmation to be sure this is a real trend change. Volume The volume at this reversal point is picking up, which is a good sign—those bars are taller than the recent average. This might mean stronger buying interest, but it’s not a massive spike, so I’d keep an eye on whether this volume trend continues to support the move. Pattern Looking at the bigger picture, it seems like a cup-and-handle pattern could be forming. The price has rounded out (the “cup”) and is now consolidating (the “handle”). If LINK can break above the $16.00 resistance, we might see a bullish breakout—but this pattern isn’t fully confirmed yet, so let’s stay alert. Potential Targets If we do get that breakout, here’s what we might aim for: TP1: $24.17 – A possible first target. TP2: $30.04 – Could happen if momentum builds. TP3: $32.00 – A stretch goal, but only if the bulls really take charge. Key Support The $11.23 support is our critical level to watch. If the price drops below this, the bullish setup could be in trouble, so let’s not get too ahead of ourselves. Wrap-Up We’ve got a reversal candle, some increased volume, and what might be a cup-and-handle pattern forming, so LINK could be setting up for a bullish move. But it’s not a done deal yet—breaking above $16.00 will be the real test. If you’re thinking of jumping in, set a stop-loss below $11.23 and manage your risk carefully. What do you think—could this be the start of something big? Let’s watch and see! Happy trading! 🚀
Long
by whalebuzzz
(BTC) bitcoin "signs"the blue/green line is crossing the purple dotted line. This is a sign representing a transitional phase between moving averages where the short line begins to cross over the patterns of longer time frames. I was looking at this today and though any indicator is never 100% accurate it is always better to see positive signs rather than no signs at all. Could this be the summer of crypto? A positive crypto summer unlike so many previous years? I'm well aware the second quarter just started and summer is not close by 3 months time.
BITSTAMP:BTCUSDLong
by CryptocurrencyBlot
BTCUSD: Heavily supported, targeting $160k.Bitcoin is neutral on its 1W technical outlook (RSI = 51.863, MACD = 1668.900, ADX = 41.878), running a bullish steak of 3 green 1W candles in a row. Supported heavily by the 1W MA50, this looks like all previous HL bottoms since late 2022. Those kickstated bullish waves that have reached at least the 2.0 Fibonacci extension. The medium term trade here is long, TP = 160,000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
2
TradeCityPro | MNTUSDT The Best Coin for Short Positions👋 Welcome to TradeCityPro Channel! Let’s dive into the analysis of the popular DeFi coin that’s active on the Mantle chain—where they’re running multiple airdrops and utilizing it for fees. Let’s break it down and analyze it together! 🌐 Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. 📊 Weekly Timeframe After hitting 1.4077, which was our previous ATH, there were practically no buyers present here, preventing us from breaking this key ceiling and moving upward. Additionally, after the rejection from this high and an engulfing of the previous two candles, it’s safe to say our upward movement has concluded, and we’re now heading into at least a period of correction. This has already started as we’ve entered a resting phase from the prior trend. However, after breaking 0.9030 coinciding with the news of the Bybit hack and the theft of Ethereum and its coins by North Korean hackers we experienced a sharp drop. Given that Bybit held a large volume of this token, the decline was even more pronounced. 📉 Daily Timeframe In the daily timeframe, after the rejection from 1.4077 and a deep drop, we moved upward again. This time, we hit resistance at 1.2353 multiple times, but nothing happened buyers couldn’t push above this level. With this lack of buying pressure, sellers stepped into the market. We then formed a support at 1.0102, but after breaking it along with the hack news we saw a sharp drop down to 0.06552! This level is highly significant! It’s important because this was previously a key resistance, and after breaking it earlier, we kicked off our main uptrend. So, it’s a critical support now, and it won’t break easily! However, if this support does fail, we’ll likely see a drop to 0.5340. For buying, it’s not a good time yet. But if we get support at 0.6552 with a strong daily candle, we could consider a buy. Alternatively, wait for a box formation and structure. Our current entry trigger would be a break above 0.8464. For selling, my stop loss would be below 0.5340. 🕓 4-Hour Timeframe In the 4-hour timeframe, after a rejection from 0.8492, we moved down to 0.6539, where we’re currently ranging around this support. A break of this level could set up an excellent short position opportunity. For a short position, breaking below 0.6539 offers a clean and complete trigger, allowing us to capitalize on this move. For a long position, we have a couple of scenarios: a fake breakout of the critical 0.6539 support or a break above the 0.6716 trigger could justify opening a long. While there are better coins for longs, a break of the ceiling with higher highs and lows could also warrant a long position. ✍️ Final Thoughts Stay level-headed, trade with precision, and let’s capitalize on the market’s top opportunities! This is our analysis, not financial advice always do your own research. What do you think? Share your ideas below and pass this along to friends! ❤️
Long
by tradecitypro
6
BITCOIN Most POWERFUL Signal Activated—Former ATH IS NOW SUPPORTBitcoin (BTCUSD) completed two straight green 1W candles and has started off this week equally impressive, approaching 4-week Highs! This is a direct consequence of the 1W MA50 (blue trend-line) holding as a Support, similar to what happened on the last two Higher Lows of the 3-year Channel Up on August 05 2024 and September 11 2023. The hidden catalyst perhaps behind this strong move may be the fact that the April 07 2025 Low, besides the 1W MA50, it also rebounded on the former All Time High (ATH) Resistance Zone (red), which now turned into Support (green). This is the Zone that started with the November 08 2021 Cycle High and rejected BT on March 11 2024, April 08 2024, June 03 2024 and July 29 2024. As long as this critical Support cluster (1W MA50, 2021 ATH Zone) holds, we are expecting the 1W MACD to form a new Bullish Cross, the first since October 14 2024, which technically confirmed the new Bullish Leg of the 3-year Channel Up. In fact all previous 3 Bullish Legs got confirmed by a 1W MACD Bullish Leg and the minimum the rose by was +105.30%. As a result, after the Bullish Cross is confirmed, we will be expecting to see at least $150000 on this current bull run. But what do you think? Can this hugely important Support cluster lead Bitcoin to $150k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
11
21/04/25 Weekly OutlookLast weeks high: $86,492.19 Last weeks low: $83,112.72 Midpoint: $84,802.45 Is the market finally showing its hand? After President Trumps escalation of the tariff trade war, BTC saw huge volatility swings in line with Tradfi, the panic led to de-risking and as a result BTC hit $74,500. Then after a small bounce another revisit of the exact same area resulted in a much more substantial reversal back up into the $80K's. A double bottom and rally despite the tariff situation ongoing suggests huge support/strength in that area on the HTF, I am now satisfied that BTC has closed the area of imbalance caused by the US election pump, confirming support. This event also coincided with SPX bouncing off the 1D 200 EMA. Since then Bitcoin has rallied back to the upper limit of the downtrend channel (see my previous posts on this structure) which also has the 4H & 1D 200 EMA placed there. For a bullrun to sustain itself these moving averages are important to maintain momentum, time spent under these MA's kill the bullish trend and weaken sentiment around the move. Last week we saw a very tight trading range of only 4%, that is compared to 15.4% the week previous. My theory was that this compression of price around a key area (4H & 1D 200 EMA + trend channel high) leads to a much bigger impulse move, the only question was in which direction? The minute the weekly bar closed BTC exploded above both of these MA's and out of the downtrend, so it looks like the question is answered when it comes to direction of the impulse move. The next question is, will it stick? I do find the timing of the move somewhat suspicious as the majority of Europe are on a public holiday, could this be a MM taking advantage of thin order books? the SPX pre-market is fairly neutral and so I believe tomorrow will tell the true story of where BTC really is.
by ProR35
3
88.5KHappy Easter, So, our bullish trade is started well. But for now we wouldn't consider too extended targets. Based on AB=CD that we have on 4H chart , next extension is around 93K. But here is a tricky moment exists and it relates to the H&S shape and strong 87-89K daily resistance. The point is that the right arm is yet to be formed, and it could be started right around 88.5K 1H chart targets. That's why we're focused on just near standing targets. If Somehow, BTC will jump above 90K, then, the different scenario could appear. But for now we think it would be better to not take more risk and try to extract as much as good result from current positive position.
COINBASE:BTCUSDLong
by Sive-Morten
Bitcoin is nearing a critical breakout zone at $86,000Bitcoin is nearing a critical breakout zone at $86,000. If this level breaks with strong momentum, we could see a rapid bullish continuation toward the major resistance area around $105,000. The ascending channel remains intact, and aggressive buying near support points to a strong upside setup. From a fundamental view, Bitcoin is gaining strength as global uncertainty rises. The latest escalation of trade tariffs has disrupted traditional markets, pushing more investors toward alternative assets like Bitcoin. Historically, Bitcoin has performed strongly during times of economic instability. Tightening monetary policies worldwide are fueling recession fears, making Bitcoin even more attractive as a hedge — the new "digital gold." With institutional interest growing, Bitcoin is well-positioned for a significant capital inflow. Stay ready — the next big move is close! 🚀
Long
by megvipofficial