Bitcoin (BTC/USD) Short Trade Setup – March 15, 2025This is a Bitcoin (BTC/USD) trading setup on a 30-minute timeframe from TradingView. Here's a breakdown of the analysis:
📌 Entry Price: 84,375
📌 Stop Loss: 85,500 (Red Zone - Risk Area 🚨)
📌 Take Profit Levels:
TP1: 83,429
TP2: 82,640
Final Target: 81,259
🔍 Analysis:
The trader is setting up a short position (expecting BTC to decline).
Risk-to-Reward Ratio (RRR) seems favorable, as the target is much lower than the stop loss.
If BTC drops below 83,429, further declines toward 81,259 are expected.
If BTC breaks above 85,500, the trade is invalidated.
🛑 Conclusion:
A bearish trade setup looking for BTC to decline. 📉
Watch for confirmation of downward movement before entering.
Btctrading
Bitcoin Price Analysis: Breakout, Resistance Zone & Key Support Hello Traders! In today’s post, we’ll explore the technical analysis of Bitcoin, one of the most popular cryptocurrencies in the market. It's essential to keep an eye on key levels like resistance zones and support levels to trade Bitcoin effectively. If you want to master these setups, understanding Bitcoin's price action is crucial.
Looking at the Bitcoin chart, we can see a strong resistance zone that has been tested multiple times around 41,586, marking significant price rejection points. After the breakout above this zone, Bitcoin continued its upward journey, with targets set around 76,494 (a potential 104% upside). However, there's also a possibility of a pullback, with Bitcoin falling to a key support zone between 71,000-72,000. If the price retraces to this level, it could provide a good entry point for traders looking to ride the next leg up. The best support zone for Bitcoin is highlighted around 71,500, which could act as a strong buying opportunity. With Bitcoin currently in a strong upward trend, understanding these levels will help you make more informed decisions in your trading strategy.
Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
Bitcoin Daily just landed on the 200 SMA - what now ?Many people are expecting Bitcoin to Bounce off the 200 day SMA ( yellow & Arrowed)
But I just want to point out what happened last time we tanged for a long time.
We did NOT bounce of it untill PA was ready to
In fact, er fell below numerous times.
So, SORRY, don;t get your hopes up BUT we can watch and react.......
It may bounce but I doubt for long.....
Time will tell
Simple reasons for and against a Bitcoin push in near futureThere are so many people coming out with so many idaes about why Bitcoin should reach for New ATH's in March and, to some degree, it is possible though I am not to sure it would be a good idea now. Something will happen in March though, I am sure ogf that, just not to sure what.
For me, I like to keep things fairly simple. It has worked for me for many years.
So, Lets be simple about this and Look at some basic things
First of All, The Dreaded Hack yesterday that took the market into shock - Many ALTS Bled and are Still in shock.
Bitcoin took it in its stride and fell by -4.7% - It was Less than many a normal days pull back ! And today, we are Green. This shows MASSIVE under laying strength. The Support Structure of Bitcoin is Huge.
So, the the chart.
Reasons for a Push higher.
The Strength PA has, as just mentioned, is an obvious example of a simple reason to expect a push higher.The Daily MACD is Way down low, pretty well oversold and just ranging there, waiting....
But one thing I want to point out is the trend line that PA is running up. This is the trend line, with origins back 2017, that catapulted PA to the final 2021 ATH. It is strong support, that eventualy broke as the bear market cracked its whip, in 2022. But not before it support PA on two more occasions.
So, Can it do it again ?
PA does not need to react till we begin getting close to that Apex of the triangle we are now in, Which is in JUNE, But with the daily MACD Low and MACRO acceptance of Bitcoin and Trumps push to welcome Crypto, things may advance Quicker. PA certainly has the ability to move higher in the near future
The down side of that is simply, PA would run out of "steam"
Which brings me to why we may not see a push till JUNE and even then, that may just be the initial stage of the final push to cycle ATH. ( which I have said many times previously, is likely to be in Q4, maybe Early Q4 )
Look at this WEEKLY MACD chart
See where that projected line comes down to the Neutral zone...The date of intersection..JUNE
The last time weekly MACD was up here, as you can see, It fell in a very controlled manner and the angle of descent is the same as this projected line.
That happened while BTC PA Ranged across for 6 months
So, there it is, Nice and simple.
JUNE is the best time, or just before, for PA t make a move but it may try some Dances in the time till then
It can continue Ranging across in the Price range of 109K to 91K till then, Still making people money and keeping the world happy.
We can dive Deeper into all kinds of data, onchain etc, get all techie and confound people with new words...but end of the day, Bitcoin will still do the same thing as it always does.
MACD trading is a Latent method, as MACD shows you data after the event.....but it shows Trends.VERY WELL
My money is on the trend Range we are currently in, ending in around End of May to June.
This will lead to a series of New ATH's over 109K, all the way up to Cycle ATH in Q4
What happens than, That is going to be interesting to see.......but thats another story
Stay safe
A plan SHORT for BTC
1. I saw a "Break Down cloud" - follow trend signal on the chart in Time Frame M15
2. I saw Main Trend on M15 timeframe showed that : main trend = DownTrend
3. I saw Main trend on H1 - M30 - M15 also : Downtrend
Conclusion:
Setup a SHORT plan with RR= 3 BINANCE:BTCUSDT.P
Entry Zone : From 97300 to 97900
Target : 92699
Stoploss = trailing SL with the Cloud trending system SL on M15 TF.
BTC - 102, 104 ?In my opinion BTC is still Bullish and expecting a parabolic up move anytime soon. one news or other coming and loose hands booking profits while big hands slow silently buying and not in a hurry. In chart shown the false breakout of resistance line which I think is for grabbing liquidity.
Still price is inside loudspeaker lines price will keep rising and falling till anyone of this line breaks.
BTCUSD 4 HR ANALYSIS | SHORT TRADE🚀 Bitcoin (BTC) Price Analysis - 4-Hour Timeframe 📊
Chart Overview:
Current Price: $96,935.44
Timeframe: 4-Hour chart
Date Published: December 20, 2024
Key Features:
Trend Channe l: The chart illustrates a red ascending channel that represents the previous upward trend in Bitcoin’s price.
Support and Resistance Levels:
Resistance Level : Identified at $99,612.38
Support Level : Identified at $89,438.39
Price Movement : Recently, there has been a significant price drop depicted on the chart.
Potential Drop: A green arrow indicates a potential price drop of 9.30%, equating to -$9,171.21.
Discussion Point : The chart poses the question, “Can Bitcoin drop 10% from next week (23 Dec 2024)? Comment what you think?
Analysis :
The ascending trend channel suggests that Bitcoin has been in an upward trend.
The recent price action shows a breach of this channel, hinting at a possible trend reversal.
Key support at $89,438.39 needs to be monitored, as a break below this level could confirm further downside.
The potential 9.30% drop indicates market uncertainty, potentially leading to a larger correction.
Conclusion: Monitor the key support and resistance levels closely. The breach of the ascending channel and the significant price drop could suggest a trend reversal, warranting caution for bullish positions. Stay tuned for updates as we approach the critical date of December 23, 2024.
Note - This is Only for education purpose.
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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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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!
BTC 15 mins Cup and handleHello,
While doing my daily btc live trading I've just found our favorite cup and handle pattern.
Here there is trendline breakout also.
So good high probability trade setup.
Trade with proper risk management and risk reward.
This is my personal view.
No buy sell recommendations.
Happy trading!
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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.
Bitcoin Bullish Flag Breakout Potential Above 760000Details:
Asset: Bitcoin (BTC)
Breakout Level: Above 760,000
Potential Target: Strong upside potential based on bullish flag breakout
Stop Loss: Below 760,000 or as per individual risk management
Timeframe: Medium to long-term (weekly timeframe)
Rationale: Bitcoin is displaying a bullish flag pattern on the weekly chart, and a breakout above the 760,000 level could signal the start of a significant upward trend. The potential election of Trump, who has historically been perceived as pro-crypto, alongside Elon Musk’s pro-crypto stance, could provide additional support for Bitcoin’s upward trajectory.
Market Analysis:
Technical Setup: The weekly timeframe shows a bullish flag pattern, a signal often associated with continuation of an uptrend. Breaking above 760,000 could trigger buying momentum.
Political Influence: Trump’s and Musk’s favorable views on crypto could help attract more institutional and retail interest in Bitcoin, enhancing upward momentum.
Price Target:
The flag breakout suggests potential for a substantial move up, with further levels to be analyzed based on historical resistances if the 760,000 level is breached.
Risk Management:
Implement a stop loss below 760,000, allowing for downside protection if the breakout does not hold.
Timeframe:
The move could develop over the medium to long-term, aligning with the weekly timeframe signal, though news-driven volatility may accelerate movements.
Risk-Reward Ratio: Given the potential political support, this setup offers a favorable risk-reward ratio if Bitcoin sustains the breakout, with notable upside potential and a clear technical level to manage risk.
Stay attuned to election outcomes and market responses to political shifts, which could impact the crypto market and Bitcoin’s trajectory in particular.
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 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.
$BTC Updated
CRYPTOCAP:BTC Update
Fade the range nearly complete ✅, preparing for a breakout, I'm long
So, last series of updates, we've called out the bottom early in August, pretty much on the day that it happened, but emphasized that the market still wasn't ready to break out yet. Instead, we wanted to see a fade-the-range setup play out. We called out the mid 50's POI to be the higher low and sure enough, that is exactly what we're seeing. We used that POI to buy spot and those positions are comfy once again, where we got away with buying the range low for the fourth time in a row now.
And now that the fade the range is nearly finished and reaches resistance into our promised eventuality of our big Astro Block magnet zone, the question rises if this will reject again. And personally, I think it's time to be careful with staying stuck in a mindset of trading the range, which has worked for 6 months now. Because we know the market likes to catch you on those times.
So according to the post I made yesterday, I do indeed believe the highly accurate data we presented and we indeed break out. And if CRYPTOCAP:BTC does, it rarely likes to give many opportunities to get long, so I entered partially here and will add if the zone lower is given.
Price action
So indeed, nice move off our daily POI we had in mind for a few weeks as the higher low bottom. Price pushed cleanly back into the range from the low, leaving a CME gap and weekly open underneath, a large one by the aggressive nature of the move off the low. Clean break back inside the range and a back test as well as clean respect of the midrange, confirming the validity of our range and our analysis. I would typically expect range mid to retest before breaking out (the H6 zone), but because #bitcoin likes to not give too many chances, it's from experience important to not put too much weight on it IMO. As being too patient results in missing out which is also detrimental for your performance ('patient' setups are more likely to run to your SL).
For targets I like firstly the cluster above and our long promised Astro Block, but I'm going to leave runners and TP less aggressive as I am indeed expecting a big breakout.
Order flow
Most important is the spot leading market and absence of perps CVD showing takers are driving the market which is healthy. We did see a high spike in OI whilst shorts were being liquidated which means there are a fair few late longs in the system here but they are already exiting. So certainly some support for a shallow pullback here into the H6, but again not too much weight on it because OI is not excessive. It's perfectly possible to have another push up, then the high push in OI above ATH's and then the quick pullback to rinse it, before continuation. So a pullback isn't necessary, but healthy and would not surprise me.
TPO
Still waiting on our overall TPO naked POC's to be tapped above and we have a trend set of taking upside POC's which is always likely to continue as we know. Shallow POC's are always possible to be taken out so again the one at 60k would be the worst case IMO.
Order book
Order books show the market is set to range, nothing out of the ordinary since it's Monday. But walls below are clearly thicker and our chaotic stacks we typically like to see as they're more genuine and less likely spoofs. If they choose to be filled, that's again the shallow pullback scenario before higher, also showing itself in the order books.
Plan
So, plan leads to expecting a shallow pullback but not putting too much weight on it. So decided to fill longs partially at this very price we are right now of 62.2k and adding if we tap the H6 zone. The idea is to hold for longer as my thesis has been very clear on how I expect us to actually break out for the first time in 6 months. A tough call to make and as far as I'm aware, I was one of the few to make it, as well as calling the August bottom and 54k higher low as there was a lot of fear out there I'm sure you all remember. Things look a lot different now but it doesn't mean I am afraid now that people are catching on as the positioning isn't happening in ways that suggest exhaustion, rather late longs, flush, repeat on the backbone of a strong spot bid into clean price action and timing that makes perfect sense.
If I am all wrong on this and the market rolls over and we lose 54k, I don't think that is good news, as that means the range breaks to the downside by our thesis, for a sustained move down. So my backup play is indeed to not only get out of longs then, but also enter breakdown shorts as the market is clearly set for a big move down.
Don't think that is likely though due to all our analysis posted prior. But I like backup plans to not be fully caught by surprise. But know that I have been on the thesis of an August bottom and nothing has changed, and I am indeed positioned for that, in a way to both not miss out on the move, have extra maneuverability for a shallow pullback, but not get surprised on the low chance #BTC fails as it's very typical to get frozen out during times of a long range ending.