BTC's Accumulation Phase: Identifying Cycles and Support ZonesH ello,
BTC has been in accumulation since spring this year. The white dotted lines show the accumulation curves. There are multiple cycles, each with a pump and a dump arm. The cycles might be different in size, but they share the green bottom support zone where large investors prefer to buy.
Bitcoin has a bullish cross signal from the MACD indicator at the bottom. However, the current price is far above EMA 20/50/100/200. Thus, a dip might manifest to correct the price per the EMAs. There's a high probability that players will buy the dip, though and the bull run can continue.
I wouldn't buy now because of the potential dip and because the price's at the falling trendline resistance. I aim for long positions, but I'd wait for a correction first and closely monitor how the price reacts around the falling resistance.
Regards,
Ely
Btctrading
BTC forming head and shoulders patternIt appears that BTC is forming a big head and shoulders pattern within an ascending broadening wedge. If it continues to follow the red line it will retest all key price levels and react to trend line support and resistance. I think it absolutely must retest the $74k region and this pattern is a straightforward way to get there.
Is Bitcoin (BTC) Setting Up for a Pullback and An Opportunity?👀 👉 Bitcoin (BTC) has recently dipped from a key liquidity area and is now revisiting previous highs. This movement has traders watching closely for what could come next. I'm eyeing a possible buying setup, but only if it retraces to a balanced price level and confirms with a bullish structural shift. 🛠️ Disclaimer: This video is for educational purposes only and does not serve as financial advice. Always do your own due diligence and trade responsibly. 📢
Is Bitcoin on the Verge of a Major Crash? Warning Signs Ahead!👀👉 Bitcoin (BTC) has recently surged to all-time highs, but is the rally about to reverse? On the 1M monthly timeframe, a key horizontal resistance level is flashing warning signals. BTC appears heavily overbought, and the trend shows clear signs of overextension.
📉 Using advanced trading concepts like Wyckoff theory and ICT methodology, this video breaks down:
- How historical price action reveals similar overextended moves that led to significant pullbacks.
- Why the Fibonacci tool suggests a potential retracement to equilibrium after a parabolic price swing.
- The lack of smart money accumulation since the last major price breakout, signaling potential vulnerabilities.
🔍 We’ll examine two key scenarios:
1. Bearish Opportunity: If price action breaks structure and takes out existing range lows, it could signal a deeper correction.
2. Bullish Opportunity: If BTC trades into a discounted zone below equilibrium, this could present a strong buy opportunity for longer-term positioning.
📊 This analysis is for educational purposes only and highlights the importance of managing risk in a market known for its volatility. Past performance is no guarantee of future results—trade wisely and always assess your risk tolerance!
👉 Don’t miss this critical breakdown. Learn how to read the charts like a pro and prepare for what’s next in Bitcoin’s journey!📊
$BTC Daily Update#BTC CRYPTOCAP:BTC Nicely holding given support area $95,878, resistance at $99,361, more expected resistance areas could be $100,334, $103,093, $107,461, & $112,255. As it climbs to new ATH(s), we shall discover new S/R areas. Previous 4H close showing strength to bulls, so does previous 1D close! On 1D $97,780 holds good support, current sideways movement is a very good sign for more ATH(s) to come!
#BTC Price Update - Last pullback before $100KAre you ready to catch this juicy pullback before the legendary leg to $100k+?
This is a great moment in history so mark profit with this trade!
we are now in the 4H fair value gap
liquidity is forming right above the extreme demand zone
stochastic RSI is forming a massive hidden bullish divergence
It's gonna be a big one so make sure to watch the golden zone
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Bullish engulfing was followed thru with a test on $92,786 resistance and breaking towards $95,878 resistance, beautiful resistance and support test on 4H at $95,878 resistance. $97,780 next resistance area, given resistance areas coming in effect nicely, beautiful bullish close on last 4h. Current support at $94,148. $92,786 key support here. Weak volume on current 4H, has plenty of time to recover bullish, let's see how it closes, current range $97,780-$92,786 for short term.
Have posted more resistance areas on my Nov 12 post (linked to this post).
BTC Eliot Wave
My Elliot wave impulse theory analysis if this work out it means through the mid end o September we will reach the target of approx. 92K in case of wave 5 extended to the target 3.
Wave 4 Correction Aligns Perfectly with the previous high of 73,781$
After wave 5 we will see an ABC correction that might trigger the end of this cycle.
Hey Trading Fam! BTC at a Key Level – Big Moves Coming?Hey trading family, let’s keep this chill and easy to follow. Bitcoin’s sitting at a key spot right now, $91,700. This is where things could get interesting, and we’ve got a few scenarios to watch:
Does $91,700 hold? If it does, we might see BTC slide back down into the $86K-$80K range.
Do we break higher? A push past $91,700 could take us to a solid $94K take profit zone.
What about $99K? If the bulls really show up, BTC could climb even higher, but a correction could follow soon after.
This is where the game gets exciting. What’s your plan if we hold, or if we break? Let’s trade smart and stay ready.
Like, comment, and share this post to help the community grow! Got questions or insights? Send me a DM – I’d love to hear from you.
Mindbloome Trading // Kris
Trade What You See.
#BTC Price Action - Catch the last pullback As a follow up to my last #BTC analysis, price is printing the exact pattern I expected
Will it continue to sell-off right down to the extreme demand?
I believe so. And if that happens, make sure to prepare the longs because the next leg up will be very explosive to 95-100k
BTCUSDT 1D - Whales Need to EatBTCUSDT 1D - Whales Need to Eat
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BTCUSDT 1D - Whales Need to Eat
BTC seems determined to hit 100k in one push, but it seems to be showing early signs of weakness.
It has reached 89K without touching 90k by a few hundred $$$. It will probably reach it soon, but it is also likely to take a breather.
There are many open positions below that whales need to eat to gain momentum and continue to rise.
We just have to be careful. Nothing new in the crypto world. :)
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SL: 64K
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I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
BITCOIN Weekly Chart Targets Massive $129,500!!BTCUSDT Analysis:
The Bitcoin Weekly Chart is setting the stage for a monumental move with TP1 already achieved, and all eyes now on the higher targets. The final target of $129,582.3 suggests the potential for a historic rally as technical indicators and market sentiment align in favor of the bulls.
BITCOIN Trade Overview:
Entry: $67,957.6
Stop Loss (SL): $58,435.8
INDICATOR USED: Risological Swing Trader
BITCOIN LONG TRADE TARGETS:
TP1: $79,726.4 ✅
TP2: $98,769.9
TP3: $117,813.4
TP4: $129,582.3
Key Observations:
Weekly Breakout: Bitcoin's weekly chart shows a significant breakout from key resistance levels, with strong momentum driving prices higher.
Moving Averages Cross: A bullish cross of the moving averages underpins the ongoing rally, signaling sustained buyer strength.
Market Sentiment: Bitcoin is riding a wave of positive sentiment, bolstered by institutional interest and increasing adoption narratives.
BTC Outlook:
Bitcoin’s momentum on the weekly timeframe suggests a continued rally towards TP2 and TP3, with the possibility of reaching TP4 under strong market conditions. Traders should monitor weekly closes to confirm the rally's sustainability, while maintaining risk management strategies.
Conclusion:
Bitcoin’s long-term technical setup is firing on all cylinders. With TP1 already hit, the path toward the final $129K target could unfold as momentum builds. This is a trade that will be remembered for years to come!
How to Make (and Keep!) Money in Crypto**🧵 How to Make (and Keep!) Money in Crypto 🧵**
1/ **First thing’s first:** Most people *lose* money in crypto. They trade with leverage, get liquidated, and chase price swings. But you? You're smarter than that. 😉
2/ Patience is key. If you're still waiting for the right entry point, you're actually doing just fine. The goal here is to ride trends, not chase falling knives. Let the market show you the way. 🔍
3/ Let’s dive into some indicators. 🔥 Bitcoin has just hit the *overbought* zone on the 1-day chart, which usually signals a pullback within the next 4-5 days. That’s your signal to watch closely!
4/ Here’s the plan: if the market surges, wait for the 1-day indicator (blue line) to drop *below 20* before entering. That’s often a sweet spot for setting up profitable trades. Here's what it looks like: (insert example chart image)
5/ And yes, the 3-day and 1-week indicators are important, too. But in a strong bullish market, getting in when the 1-day cycle dips below 20 can yield solid returns. Sometimes a single cycle can net you *30% gains* in one trade. 🚀
6/ Remember: You don’t have to catch every move. Let the indicators guide you and enter at low-risk points. Keep it simple, stay patient, and let the profits come to you. 🧘
Ready to trade smart? Let’s make this bull market count! 🐂💸
Bitcoin in the Zone: Major Levels to Watch! Bitcoin’s riding the edge with some serious levels coming up. On the downside, we’ve got key supports at $66,969, $66,054, and $65,000. If $65,000 breaks, a slide to $60,000 is very possible. On the upside, we’re eyeing $69,249 first, and if we break through, we could be aiming for $73,500 and beyond!"
Breakdown of Key Levels
Current Support Levels
First Support: $66,969
This level is Bitcoin’s first line of support. As long as it holds, BTC could stay in a good position to push higher.
Second Support: $66,054
If we drop below $66,969, the next stop to watch is $66,054. Losing this level could signal a stronger downside move.
Major Support at $65,000
$65,000 is the critical level to keep an eye on. If Bitcoin slips below this, we’re likely looking at a bearish move, with $60,000 as the next realistic target.
Upside Targets
First Target: $69,249
On the upside, if BTC holds support and gains some momentum, $69,249 is our next target. We might see some resistance here, so it’s a spot to watch for a possible pullback.
Second Target: $73,500
If Bitcoin breaks $69,249 with strength, then $73,500 is the next big level in play. Breaking through this could mean BTC is primed for an even bigger push higher.
Higher Target: Beyond $73,500
If we reach and hold above $73,500, the path is open for BTC to go for new highs. We could see buyers step in even stronger, and BTC might be setting up for its next major move up.
Trading Tip
Stay flexible here! BTC’s got some clear levels to watch. If we hold support, we could be heading for a strong upside. But if we lose $65,000, the drop to $60,000 becomes a real possibility. Keep these levels in mind, and let the market show you where it wants to go.
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Mindbloome Trading / Kris
Mindbloome Exchange