Bitcoin Enters Correction – Key Resistance and Downtrend in Play🌍 Market Overview:
Bitcoin is undergoing a correction phase after forming a one-month high, following the inauguration of President Trump. Currently, BTC is trading below the 104.xxx - 105.xxx resistance zone, a critical level in the H4 structure, where significant trading volume has accumulated.
🔹 104.xxx - 105.xxx: The Psychological Level
This level has served as a key benchmark for many investors over the past month, helping to shape the next directional move of BTC. With the monthly close below this zone, the market is signaling a potential pullback towards the 90.xxx support area.
📉 Macro Trends & Market Sentiment:
Bitcoin remains in a downward trend, trading within a sideways range (SW) with bearish momentum
A potential retracement towards key Fibonacci levels before resuming the downtrend
Global Risk-Off Sentiment: Crypto & U.S. equities are experiencing heavy losses due to Trump's tariff policies, raising concerns of an escalating trade war
Gold as a Safe Haven: With uncertainty in financial markets, gold continues to break new all-time highs (ATH) while risk assets like BTC & stocks face increased selling pressure
⚡️ Trading Plan – CMF SimpleTrade
📊 Bearish BTC Strategy – Sell Setup
With BTC facing downward pressure and the broader market in risk-off mode, a short position remains the preferred strategy.
🔻 Sell Zone: 101.900 - 102.100
❌ Stop Loss (SL): 102.800
🎯 Take Profit (TP) Levels:
TP1: 98.600
TP2: 95.800
TP3: 92.250
TP4: 90.450
⚠️ Key Considerations:
BTC’s structure remains weak unless it reclaims 104.xxx - 105.xxx
Global market uncertainty could drive investors away from risk assets
Stay disciplined with TP/SL and avoid emotional trading in volatile conditions
✅ Follow KevinNguyen-SimpleTrade for real-time market analysis & trade setups! 🚀
💬 Will Bitcoin continue its correction, or can bulls reclaim key resistance?
👉 Drop your thoughts in the comments and stay updated! 🚀
Btctrade
Bitcoin Price Analysis: Key Zones to Watch on the 4-Hour ChartWhat is Happening in the Chart?
1. Resistance and Supply Zone (Order Block): Bitcoin is approaching a significant bearish order block (red zone) near the $100,000 mark. This area represents resistance where sellers may take control, pushing the price downward.
2. Potential Retracement: Before continuing its upward trend, Bitcoin may retrace to fill the fair value gap (FVG) and test the 0.5-0.618 Fibonacci retracement levels. These zones are historically strong areas for buyers to re-enter the market.
3. Support and Demand Zone: The bullish order block (green zone) near $92,000 aligns with the retracement zone. This is where Bitcoin might find strong support before resuming its upward trajectory.
Outlook for BTC/USDT
The chart predicts a potential pullback to $92,000-$95,000, followed by a bullish rally aiming to break through resistance at $100,000. If Bitcoin clears the bearish OB, the price could target new highs, potentially surpassing $105,000.
Key Levels to Watch:
Resistance: $100,000 (Bearish OB)
Support: $92,000-$95,000 (Bullish OB and Fibonacci zone)
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Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile, and trading involves significant risks. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Short-term BTC strategy for the weekendStill following the plan.
Look for BUY/Long opportunities in line with the main uptrend at the resistance zones noted on the chart.
BTC is still holding its price at a critical resistance zone and has yet to show signs of breaking the trend in this area. Therefore, it remains in line with the main trend. In the short term, continue to look for buy setups and manage short-term trades when trading CFDs on the MT4/MT5 platform.
For the long-term HOLD view, we'll wait for upcoming events and key information—updates will be provided soon! Wishing everyone a great and lucky weekend.
BUY ZONE: 95.625
TP: 97.350
SL: 95.000
SELL ZONE: 99.550
TP: 97.000
SL: 100.000
Pay attention to the resistance levels and candlestick momentum noted on the chart to proactively manage your trades. Always set your TP and SL for every signal to ensure the safety of your account.
BTC - At Strong SupportBTC in news world wide and being moved up and down with each one's opinion and risk taking or profit booking needs. Yearend or month end along with holiday season impacted BTC. while I agree BTC is yet to give the parabolic or banana spike which was seen every 4 years and now is the time for that. Charts are discussed worldwide on one side and its constantly accumulated by people who know why BTC is better than Gold now and in coming days. In my chart two red lines are talked as bullish flag and break of that was called bearish by few and weak hands sold it causing slowness in absorption by people in need of BTC. At the same time BTC is seeing volume at support lines marked in green. Even in 5 or 15 minutes we can clearly see increased volume at which BTC is testing its support for 5th time. Earlier mentioned megaphone or loudspeaker patter didnt give 5 wave up move due to few selling at the bottom of bull flag area. The black line is the point of control of the complete price move seen last 2+ months. In my view levels below the POC - the black line is some kind of buying levels and above the black line is only selling area or profit booking. In my view below POC is accumulation going on by big players. with new Govt in US in Jan and as per 4 year cycle seeing parabolic spike is expected any time in Jan 2025. This is the time to hold tight and buy as much at every green levels support levels mentioned. we cant stop buying or selling of ETFs impacting money flow and supply & demand of BTC. actually smaller volume in the support could be either less supply or demand as well. Any big hand with new ETFs as talked with vivek or any other company going to give bigger parabolic up move. HongKong Fed or Govt and many such countries accumulating BTC making is better than GOLD to be bought, accumulated for 200K or higher in 2025. Happy New Year to all my dear friends. BTC will make everyone richer in fiat currency.
BTC who can guess this patternHello friends,
Just saw a very good setup forming in 15 min time frame. While doing my btc live trading just found this gem setup.
After consolidation in yesterday's all time high at psychological 90000 level.
It tries to move out of consolidation.
Good high probability trade can be formed.
Trade with proper risk reward.
Money management is key to success in trading.
Learn more with me.
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Follow
Like
Share.
Happy trading!
BTC new all time high probability targetHello Friends just saw that again BTC is now at near to ath level.
So while doing btc live trading analysis just found that we've squeeze channel if it gives proper breakout then new target would be calculated according to channel opening.
So it is marked accordingly.
Trade with proper risk management and risk reward to become a profitable trader.
This is my peraonal view
No buy sell recommendations.
Please if you like then subscribe follow and like 👍
Thanks for reading.
Happy trading!
Bitcoin Reached Target, Achieved Profit of +50% ROI, Woo Hoo#BTC For those looking to Book Profit in Bitcoin, now is the right time, as Bitcoin Reached the Target of Top of the Channel Pattern. GOAT moment (Greatest of All Time) in my Bitcoin Analysis, Achieved +50% ROI.
Bitcoin Analysis Chart 2 :
Bitcoin Analysis Chart 3 :
1. In the first image, Bitcoin is approaching a Breakout of the Trendline. If a Breakout occurs, Bitcoin is expected to reach the 0.5 Fibonacci level, then continue its uptrend and eventually break above the Channel Pattern.
2. In the second image, Bitcoin has reached the 0.5 Fibonacci level, and the market has continued its uptrend as anticipated above.
3. Bitcoin Breakout the Channel Pattern.
I want to Help People Make Profit all over the World.
Follow and Support me to help continue my Efforts.
BTC either side breakout big move expectedHello friends, while doing my daily btc live trading I just found that BTC is now trading in upper wedge channel.
As all time high psychology level 90k break expected good move up.
And if good profit booking comes then also trend will follow for some time.
So either side breakout we expect good move.
Trade with your risk to reward good probablity
With money management.
This is just my personal view not a buy sell advice.
Stay tune with me for more btc live updates subscribe follow comment and discuss.
Happy trading!
BTC All time high next resistanceDear Friends I'm following
and writing good articles on BTC While I am doing my btc live trading. I just found btc short term resistance using Fibonacci levels.
As this is just my only personal view.
You can trade accordingly.
To learn more stay tune follow me
subscribe and comment your opinion
Lets discuss traders
BTC All time high new target revealedHello Friends as you know I'm following and writing good articles on BTC While I am also doing my btc live trading.
So I just found btc short term target with good probability if click as planned using cup and handle pattern.
As this is just my only personal view.
You can trade according to your money management and also with proper risk reward.
To learn more stay tune follow me subscribe and comment your opinion.
Lets discuss traders.
BTC ALL TIME HIGH NEW TARGETHello friends as I've told earlier now BTC gets bullish as it has already taken support from daily time frame trend line.
Now new short term target I've found from pole & flag in 30min time frame. As all time high there is no resistance. Also now election is over so markdt will be stable.
This new target is valid if given proper breakout. Then with good probability and risk reward is achieved.
This is my personal view no buy sell recommendations.
Give your views in comment section.
BTC inverted H&S good targetsHey Friends I've just saw inverted head and shoulders in BTC live trading,
So now it's a good risk reward target as marked and also this coincides with previous high.
Try to grab this long side opportunity.
Trade with proper risk management and good risk reward.
Then only your probability of profitable trader begins.
This is not buy sell advice just my personal view.
Let's discuss in comments.
BTC Bitcoin sideways whats nextHere since from yesterday this range BTC Bitcoin is trading.
While I was doing btc live trading, I found that this rahe was worst for trader as it will hunt stop losses on both side.
So just to keep you guys updated I thought to share with you the same.
Let me know your opinions in comments below.
I think any trending move will come only after BTC will move out of this zone.
BTC inverted cup and handle in 5min timeframeAs I've just seen this I thought to share with you guys.
Inverted cup and handle also form at lower time frame.
While doing btc live trading I've already seen big time frame inverted cup and handle if this coincides with smaller time frame and give breakdown as planned then there is a good opportunity for sellers to move its price further down.
Also buyers try to book their profits.
So this gives more probablity trade setup.
And with good risk to reward and money management one can become a profitable trader.
Its not buy sell advice just my personal view.
Can you share your views.
BTC more fall down possibilityAs we've seen big fall and now btc trading in back in daily time frame channel.
This shows that more fall may be coming soon. This is good possibility with high probablity of trade.
Its a really good trade if hits gives good risk to reward.
This is my personal view no buy sell advice.
BTC RETEST OR FAKE BREAKDOWNAs we've seen long consolidation into BTC now any where it is going to shoot either breakout above green or breakdown below red.
Lets give your views into comment section.
Here only money management snd high risk reward can keep you in profitable for long run.
Its not a buy or sell recommendations just my view to discuss with you all.
BTC sideways two possibilitiesHere a good consolidation since many hours. This will make sideways market.
So this will always gives good returns when we have a breakdown or breakout.
1) we've cup and handle pattern if breakout green line.
2) we've M pattern breakdown if red line breaks.
Lets see this is my personal view no buy sell recommendations.
BTC seems like a breakdown furtherAs per my favorite pattern it is forming head and shoulder pattern.
But not yet confirmed the neckline breakdown.
So lets see do we get more correction in BTC or buyers can combat once again.
Lets comment down your views.
This is just my personal view no buy sell recommendations.
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BTC Trade Update : "BTC Rocket Ride: 669 Points Gained, Target i"BTC's price action has come close to hitting the first target. So far, the trade has delivered 669 points, showing strong momentum towards our anticipated levels. With price testing key support zones and facing resistance near 63,462, there's still potential for further movement. Keep an eye on the next levels for a possible continuation or pullback, as the 61,602 zone below could offer critical support if the momentum shifts."