Bitcoinprice
BitCoin: A new Move about to start.BitCoin has been consolidated for the last 6-8 months in a channel shown in the graph.
As per prediction it is about to break that range and will move towards new and higher highs.
As per the chart and pattern structure in this current move it can go up to 100K easily and more above levels will be unlocked after that
SL must be 56k.
Targets 100k - 120k
Time range 8-10 months
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BTC - Triangle or Wedge - Bullish?2 views are there. Ascending Triangle - Bullish and Rising Wedge - Bearish. Price is making HL and never closed even once below previous HL indicating price is in Bullish trend. Weekend price bounced with huge volume and 85 to be watched today. if its taken with strong green bars then price will fly upside. view changes if previous HL is broken un till then buy the dips is the safe trade. But in 2025 and later its going to see new ATH as we have new buyer US Govt forming strategic reserve and not to sell from govt side. Investors are having Golden opportunity to invest and hold for few weeks to months to see higher levels for Bitcoin
Bitcoin (BTC/USDT) 1-Hour Chart Analysis
Bitcoin is currently in a pullback phase after reaching a local high, showing signs of short-term weakness. The price action reflects a clear upward trend supported by higher lows and strong buyer interest, but recent rejection at a resistance zone indicates profit-taking and potential short-term selling pressure.
A key support zone lies below the current price level, marked by increasing volume and a station level where buyers are likely to step in. If the price holds this support, a continuation of the bullish trend could follow, targeting the previous resistance zone. However, if the support fails, a deeper correction toward lower demand levels is possible.
Market sentiment is mixed — short-term signals show bullish strength, while higher timeframes remain cautious. The next key move depends on whether buyers defend the support zone and push through the overhead resistance. A confirmed breakout above resistance could drive the next upward leg, while a breakdown below support could shift momentum back to the bears.
Bitcoin - At Neckline 15th MarchPrice is testing neckline of head and shoulder. Market is divided and not one sided as fear of 77K is still in market. But price at neckline few taking bullish view. Buy only if price move above neckline zone and in my view right now price could be trapping the late bulls. Sell once break out fails as price move drift down from neckline zone. US policy on Stablecoin making all crypto bearish and Bitcoin on top of strategic reserve news price could test lower level again as no one know how much is being bought on daily basis right now by US Govt.
Bitcoin 1D Bear Market Technical Analysis - Bitcoin is currently trading at 82,249$
- Bitcoin has so far erased 24.98% from its All Time Highs and especially after Trump's presidency.
- Market Structure shift looks completely bearish, unless we flip above 96,000$ on a daily timeframe
- We have many inefficiencies left until 73,691$ and I have drawn those paths as well.
- The first path shows price filling the inefficiency and then taking out more liquidity to fall further and clear the fair value gap sitting at about 63,329$
- The second path shows we might not not fall below 73k after filling the inefficiency rather we start building a base before moving towards the upside.
- Market doesn't look good from a structure perspective be very selective when it comes to punching trades.
BTC - Support and Resistance as on 7th marchIn cart green and red lines indicating support and resistance. US President clearly said Do not Sell your Bitcoin. Even though he didnt mention how much will be purchased etc but we have a new Govt going to form a strategic reserve with spending tax money so it could be slow to see banana spikes but I think its going to be Bullish for BTC
Bitcoin Mini Future Bearish Price ActionAfter the accelerated fall post breakdown of horizontal channel, the price dropped to fill the gap and bounced back.
The bounce took price back into the horizontal channel but the price slid out of it.
Then price dropped towards the gap and bouncing just above it.
The price tried to enter the horizontal channel but took resistance, further confirming bearish price action.
As it remains outside the channel, it seems bearish.
Bitcoin Following 2013-2017 Fractal - UPDATE -still on target ?
As expected, PA has dropped below the Fractal pattern but given how overBought PA was, this is not surprising and I think I mentioned this last time I posted this chart, that we may drop below.
It does bring up the idea that we may have fallen off the pattern, as there is always a time when PA stops following Fractals..But we have to wait and see
We can see how in August 2023, PA fell below this fractal line..and indeed, to many extents, we were close to a bear entry there. as shown by some on chain data......But PA recovered
We can see how in 2023, PA Accelerated very quickly from this point on the Fractal.
Current PA is NOT in a position to do this.
Weekly MACD is Over Bought and is currently Falling Bearish, cooling off. At current rate of descent, is will be MAY when PA has enough strength on a Weekly chart to try and catch up with the Fractal once again.
You can see that rising Long Term line of support ( Dashed line )
We bounced off it Twice in this cycle...
Once when we began recovery in Jan 2023 and again, When we nearly entered that Bear when we fell under the Fractal in August 2023
A Vertical Drop by PA from current position takes us to 58K usdt on that line
I think I prefer to think we could see 65K off that line if we retrace enough in April.
But I have just posted about the expected MARCH candle Close and how we seem to be more likely to see a RED March and a Green April
So, are we still on track to follow Fractal ?
Impossible to say but if the Monthly candle close chart turns out to be accurate, then we could catch up and overtake the Fractal in Q3
We need to watch this closely...
p.s. A Red Mach candle Close need not be a big drop from current price, a decrease of only 0.01 usdt would create a RED candle....
Bitcoin IN CME Gap after Fib circle encounter - what now ?
As mentioned in a previous post, PA got "hit" by the same Fib circle that rejected the 2021 Cycle ATH - the difference being that PA got THROUGH the Fib circle Before turning down and so now, we slide down the outside, in a position of strength to be able to move higher when wanted.
As can be seen on the Daily chart below
This has also brought PA into the CME Gap as expected
Currently, PA is recovering having filled only HALF the gap.
I fully expect PA to return and complete the fill at some point.
Also note the rising line of support that we are heading towards. If we carry on like this, we intersect with it on 3rd March, Next Wednesday at a price around 77400
We will have to wait and see what happens there but this is also where the 50 week SMA will be and so, as said previously, I am expecting PA to bounce strongly
But this is Bitcoin....We have to wait and see what happens and react accordingly.
A Drop Lower would take us out of the Mid 20% Drops we have been having this cycle as can be seen on main chart.
The Next line of rising support on this chart is around -40% and is around the 100 week SMA
I am not to sure we will go there..... But.................
Bitcoin - Targets 116K 126K 148KIn chart i have shown why price is holding at 83K and may not fall further now. Price height from Point of Control to ATH is all most equal to the price range from POC to low of 83 K . IT could have been taken support at 87 or above 83 but due to fear it has seen 83. True some selling came from various sources and little frauds too. But still price is acting technically now. And in wave theory its completion of 4th wave and once support seems to be taking at 83K and move in 5th wave then targets are coming as 116, 126 and 148 K. Serious. These are 5th wave levels as per wave theory. BTC is sure Bullish and soon +ve news are expected and price will follow the Bullish trend. Time duration is not sure up price will march up and up only
Bitcoin : Easy to follow hype, Hard to hodl through dropsThe recent price action shows a sharp spike followed by a pullback, with a notable gap between approximately 81XXX and 84XXX. This gap suggests a rapid move that wasn’t fully filled, which could act as support in current correction phase.
The overall trajectory from 2023 to early 2025 shows that Bitcoin is in a strong bull market, potentially driven by macroeconomic factors (e.g., inflation concerns, institutional adoption, Trump Government) or halving cycles (the last one was in 2024). The break above 100K validate this sentiment.
Potential Scenarios:
Continuation: If the pullback holds above the 81XXX–85XXX (Daily or weekly TF) gap or around 73XXX-74XXX support(A test to last breakout zone ,considering worst case scenario), Bitcoin could retest 110,000 and push toward 120,000–150,000 in the mid-to-long term (2025–2026), assuming bullish momentum persists.
I lean toward a optimistic view/Bullish View when everyone is fear right now, expecting a low very soon within current to next week (Early March) which can provide buying opportunities (As marked on chart) and considering my target around 120K to 150K for long term.
BTC#18: BTC plunges, destination and trading opportunities at th🔥 So BTC has corrected. However, how much it has decreased, we will analyze it right away: 🔥
1️⃣ **Fundamental analysis:**
📊 Widespread Pessimism, Cryptocurrency Market Plunges Sharply
————
⚫Bitcoin and altcoins plunge: Bitcoin drops nearly 5% to $90,000, Ethereum loses more than 10% in two days, Solana drops 15%, Dogecoin drops 13%.
⚫The market is still affected by the $1.4 billion hack last week. Bybit announces compensation but Ethereum is still under pressure.
⚫Weak market sentiment: Many meme coins collapse, limited capital flows cause altcoins to lose value sharply. Solana under selling pressure as it prepares to unlock $1.72 billion in tokens on March 1.
⚫Crypto-related stocks also plunge: Coinbase down for six consecutive sessions, MicroStrategy down 5.7%, BTC mining stocks fall sharply.
🚀 MicroStrategy continues to buy BTC: The company bought another 20,356 BTC worth $1.99 billion, bringing its total BTC holdings to 499,096 VND (~$33.1 billion).
🛫Forecast: The downtrend may continue if market sentiment does not improve and cash flow does not return to altcoins.
2️⃣ **Technical analysis:**
🔹 **Frame D**: the bullish structure has been broken and turned bearish. Pessimistic sentiment covers the entire market so it will be difficult to see an immediate recovery
🔹 **H4 frame**: the bearish price structure is more clearly shown. The nearest resistance zone is 93x
🔹 **H1 frame**: the price line is still quite far from the horizontal or diagonal resistance zone, the current price has recovered a bit but the market sentiment is still hesitant about the Fibo 23.6 area as you can see on the chart
3️⃣ **Trading plan:*
⛔The current time is not suitable to catch the bottom of BTC, not only the market sentiment is pessimistic but the basic information has not seen any positive news for BTC. We will need to patiently wait for confirmation from the price line
✅ Priority at the moment. Currently is looking for a SELL position following the main trend. The sharp price drop will have a recovery adjustment but pay attention to stick to the price structure and do not be greedy.
💪 **Good luck trading!**
Bitcoin - Bullish and strong Buy - Target 104KMultiple times in my previous charts i have said price below 97K is seeing buying by big players. Which is very very clear in chart with multi month and week support visible in chart. Any price below 97K is being bought by big players in US and these days outside US as well. Multiple people clearly pointed out the money flow into Bitcoin which is visible in other indicators. only because of long weekend price is sideways to bearish in short term which is cleverly accumulated by big players. I am expecting price above 100K in coming days to test the previous strong resistance above 104K for now.
Bitcoin Technical Analysis - Monthly#Elliottwave analysis for #Bitcoin ( CRYPTOCAP:BTC ) provides a framework to understand potential price movements based on past patterns. However, given the #Crypto market's unique characteristics, it should be used in conjunction with other analytical tools. The current analyses suggests optimism for continued growth, but with caution for potential corrections or consolidations before reaching new highs.
Hear is a Char for your reference
Bitcoin entering Support Zone - Time to Buywe need to thank all the news caused crypto to give a correction. In chart BTC is entering Support Zone. I do not buy any negative news now like tax war or new BRICS currency which are not a good reason which will stop big players from buying BTC at support levels. BTC is the biggest crypto in this world and irrespective of US new reserve comes or not. Trump is words first Crypto Leader now and in 2025 all crypto going to see new high levels due to wide acceptance of various countries and US state government start dealing in crypto which we never seen in any country history.