BITCOIN TO BREAK DOWN SHARP on any new highThe chart of Bitcoin I DO NOT SEE 140 I see under 98 k soon into late july cycle I have NOT CHANGED THE LABEL in my EW work .best of trades WAVETIMER
BTCUSD.PI trade ideas
Let your winners run🧠 Fear | Hope | Growth – When Trading Meets Emotion
The message on the chart isn't just poetic — it's real psychology.
🔹 Fear wants to cut your winners short.
It sneaks in after a small move in your favor.
"What if it reverses? I better lock this in."
And just like that, a great trade turns into a missed opportunity.
🔹 Hope drags you into holding too long.
It dreams: "Maybe it doubles... maybe this time it'll be massive."
But it's not guided by data — it's driven by fantasy.
🔹 Discipline is what sits in the middle.
Quiet. Neutral.
It doesn’t scream or seduce — it just follows the plan.
And that’s where Growth lives — not just on the PnL, but in your psychology.
When Bitcoin pushes toward new ATHs, these emotions get amplified.
The real question becomes: Can you manage yourself, not just your trade?
📌 A Real Example from My Desk
In my earlier BTCUSD idea — “Another Edge – Decision Time” (shared above) —
I sent that setup to one of my managed clients.
He entered long exactly at the edge of the channel — a clean, strategic buy.
Price moved beautifully in our favor…
But he manually closed the trade at 106,600 — long before the move matured.
Why?
Because fear of giving back profit overwhelmed the original plan.
The chart was right. The timing was right.
But the exit was emotional, not tactical.
✅ The trade made money.
❌ But the lesson is clear: a profitable trade doesn’t always mean a disciplined one.
🎯 Final Takeaway:
“Fear kills your winners. Hope kills your timing. Discipline grows your equity and your character.”
🗣 What would you have done in that position?
Held longer? Closed at resistance? Let it run toward ATH?
Let’s talk psychology — drop your thoughts 👇
#MJTrading
#TradingPsychology #BTCUSD #FearHopeDiscipline #LetYourWinnersRun #PriceAction #BTCATH #ForexMindset #CryptoStrategy
BITCOIN facing the most important Roadblock of the Cycle.Bitcoin (BTCUSD) reached $112000 yesterday, testing the May 22 2025 All Time High (ATH) and immediately got rejected. This ATH rejection is key to the continuation of the bullish trend as the entirety of the ATH Resistance Zone is perhaps the last (and most important) Roadblock before the final rally of the Cycle that could potentially price the new Top.
You can see that this Resistance Zone already had 3 rejections previous on its bottom and yesterday was the first one on its top.
A break above it can target $118400 at least within days, in anticipation of a +10.20% Bullish Leg, similar to the one following the June 22 Low.
If the rejection prevails however, we may see a pull-back that will test the bottom of the (blue) Channel Up.
Which scenario do you think will prevail? Feel free to let us know in the comments section below!
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BTCUSD Analysis – Riding the Mind Curve & Bullish Setup Target🔎 Technical Narrative & Market Structure Analysis
Bitcoin is currently respecting a textbook parabolic support structure represented by the Black Mind Curve—a dynamic visual model reflecting the psychology of crowd behavior transitioning from uncertainty to confidence. This curved structure often precedes strong bullish continuation patterns, especially when paired with evidence of smart money involvement.
The current price action shows sequential higher lows, each of which is supported directly by the Mind Curve. These bounces confirm demand stepping in consistently at higher levels, a strong sign of controlled accumulation and momentum building.
🧠 Key Chart Components Explained
✅ 1. Mind Curve (Dynamic Support)
A custom-drawn parabolic curve reflects the ongoing upward force from buyers.
Bitcoin has tested and bounced from this curve multiple times, showing it is respected by market participants.
As price hugs the curve more tightly, the compression could lead to a volatility breakout.
✅ 2. Major BOS (Break of Structure)
A significant market structure break occurred as price took out a previous swing high.
This BOS confirms a shift in market sentiment from ranging/sideways to uptrend formation.
The BOS now acts as a reference point for bullish momentum and could serve as support on a potential retest.
✅ 3. QFL Zone (Quantity following line )
Located just below the BOS, this zone marks the last area where aggressive buyers stepped in before the breakout.
These levels are often defended on a retest and are used by institutional traders to re-enter positions.
✅ 4. Evidence Candle
This sharp bullish impulse candle is what we call an "evidence candle"—it pierces minor resistances with strength and volume.
It represents institutional-level interest and confirms smart money accumulation.
Such candles typically precede either continuation or minor pullback for re-accumulation.
✅ 5. Reversal Zone (Target Zone)
This zone lies ahead at approximately 112,500 to 113,000, a confluence of previous supply, key psychological level, and potential liquidity pool.
It's the next logical area where price may pause, react, or break through if momentum sustains.
⚔️ Scenarios to Watch
🟩 Bullish Scenario:
Price continues riding the curve support upward.
Breaks and closes above the Reversal Zone, ideally with volume and continuation candle.
Potential upside extension toward 114,000–115,000.
🟨 Neutral/Consolidation Scenario:
Price consolidates just below the Reversal Zone.
May form a flag/pennant or triangle structure.
Bullish continuation likely if the curve holds beneath.
🟥 Bearish/Invalidation Scenario:
Price breaks below the Mind Curve and BOS, closing below with momentum.
This would signal a potential breakdown of the bullish structure.
Invalidation zone likely sits below 110,000, and a breakdown could open room to revisit the 108,500–109,000 area.
📌 Confluence Factors Supporting the Bullish Bias:
Respect of Mind Curve over time = hidden institutional support
Presence of BOS and QFL = structure and order block confluence
Evidence candle = high-volume trigger point
Reversal Zone = logical magnet for price, supported by liquidity and previous reactions
📈 Summary & Trading Thesis
Bitcoin is currently in a bullish microstructure within a larger range. The parabola-style Mind Curve suggests that this structure is maturing toward an inflection point. The break above BOS, evidence of strength, and alignment with demand zones all support a move toward the 112,500–113,000 Reversal Zone. If momentum sustains, this could become the start of a broader bullish leg.
📢 Final Thought:
While the setup is bullish, discipline and patience are key. Watching how price behaves around the Reversal Zone will be critical. A clean breakout or solid rejection will provide the next high-probability signal.
BTC/USD H4 Downfall ⚠️ Disrupted Market Perspective
🟩 False Resistance Zone
The marked resistance area (~109,000) has been breached multiple times with high volatility, suggesting weak resistance strength. Instead of rejecting price, this zone acts more like a liquidity trap — luring in sellers before price spikes higher. Expect fake-outs or bullish traps near this area.
🟨 Questionable Bearish Pattern
The projected zig-zag drop is speculative. The current market structure shows higher lows forming, hinting at potential accumulation rather than breakdown. If price consolidates above 108,000, this setup might flip bullish instead of heading to the 106,000 target.
🟥 Support Area Disruption
The labeled support zone around 106,000 may not hold if broken, but it has been respected multiple times in the past. If bulls defend it again, we might see a sharp rebound rather than a continuation downward. Therefore, the “Target” area could instead become a springboard for upward reversal.
Bitcoin - Liquidity grab at $111.000?This 4-hour BTCUSD chart illustrates a potential short-term bullish continuation scenario followed by a deeper retracement, highlighting key liquidity levels and an important Fair Value Gap (FVG) support zone.
Liquidity sweep
At the top of the current price action, just above the $110,612.16 level, there is a clear area of resting liquidity. This zone has likely accumulated a significant number of stop-loss orders from traders who are shorting the market or who went long earlier and are protecting profits below previous highs. The market tends to seek liquidity to fill institutional orders, making this zone a high-probability target for a sweep. As a result, price is likely to take out these resting stop orders in a quick upward move, often referred to as a "liquidity grab" or "stop hunt", before potentially reversing or consolidating.
Bullish 4H FVG
Following this liquidity sweep, the chart suggests a retracement into a bullish 4-hour Fair Value Gap (FVG) located around the $106,600 to $107,400 region. This imbalance zone was formed during an impulsive move up, leaving behind a gap between the wicks of consecutive candles. Such gaps represent areas where demand previously overwhelmed supply, and they often act as strong support on a retest. If price revisits this zone, it is expected to offer support and could serve as a base for another upward push, assuming bullish momentum remains intact.
Downside risk
However, if the bullish FVG fails to hold as support and price breaks down through this imbalance zone, it would signal a weakening of bullish structure. In that case, the breakdown would likely lead to a deeper correction or even a trend reversal, with price seeking lower levels of support further down the chart. This would invalidate the short-term bullish scenario and suggest that sellers are gaining control, possibly triggering further liquidations and more aggressive selling pressure.
Conclusion
Overall, the chart is currently leaning bullish, anticipating a liquidity sweep to the upside followed by a potential pullback into the FVG. The reaction at the FVG will be critical in determining whether the market can continue higher or if it shifts into a deeper bearish correction.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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BTC setup with 2R R:R.BTC is showing signs of a real breakout.
This setup offers a 2:1 risk-reward ratio.
Entry: 111,207
Stop Loss: 107,500
Target: 120,000
Not financial advice.
BTC ShortBTC’s 1‑hour structure is showing clear signs of weakness following rejection from the premium supply zone between 122 000 and 123 200. After sweeping equal highs and tapping into the 50 % internal retracement level around 119 900, price sold off sharply, breaking below the intraday demand at ~119 000. This shift in market structure signals bearish intent in the short term.
The strong rejection, combined with increased sell-side volume, indicates that the rally was more likely a liquidity grab than true bullish strength. As a result, BTC is now expected to continue lower toward the 117 000 level to clear resting liquidity beneath recent lows. This level aligns with the previous CHOCH (Change of Character) and is a key liquidity pocket.
Once BTC grabs the liquidity below 117 000, we anticipate a potential bullish reaction and reversal, as smart money may use this area to re-accumulate and drive price higher.
However, until that liquidity is collected, the bias remains bearish in the short term. As always, proper risk management is essential—define your invalidation clearly and manage position size responsibly to protect capital in this volatile environment.
Are we on Super Bullish Express Highway ? Elliott Waves RoadmapHello friends,
Welcome to RK_Chaarts
Today we're attempting to analyze Bitcoin's chart, specifically the BTCUSD chart, from an Elliott Wave perspective. Looking at the monthly timeframe chart, which spans the entire lifetime of Bitcoin's data since 2011, we can see the overall structure. According to Elliott Wave theory, it appears that a large Super Cycle degree Wave (I) has completed, followed by a correction in the form of Super Cycle degree Wave (II), marked in blue.
Now, friends, it's possible that we're unfolding Super Cycle degree Wave (III), which should have five sub-divisions - in red I, II, III, IV, & V. We can see that we've completed red I & II, and red III has just started. If the low we marked in red II doesn't get breached on the lower side, it can be considered our invalidation level.
Next, within red III, we should see five primary degree sub-divisions in black - ((1)), ((2)), ((3)), ((4)) & ((5)). We can see that we've completed black ((1)) & ((2)) and black ((3)) has just started. Within black ((3)), we should see five intermediate degree sub-divisions in blue - (1) to (5). Blue (1) has just started, and within blue one, we've already seen red 1 & 2 completed, and red 3 is in progress.
So, we're currently in a super bullish scenario, a third of a third of a third. Yes, the chart looks extremely bullish. We won't commit to any targets here as this is for educational purposes only. The analysis suggests potential targets could be very high, above $150,000 or $200,000, if the invalidation level of $98,240 isn't breached. But again, friends, this video is shared for educational purposes only.
Many people think that the market doesn't move according to Elliott Waves. But friends, here we've tried to analyze from the monthly time frame to the overly time frame. We've definitely aligned the multi-time frame and also aligned it with the principal rules of Elliott Waves, without violating any of its rules.
I agree that the Elliott Wave theory can be a bit difficult, and for those who don't practice it deeply, it can be challenging. But yes, the market moves according to this methodology, following this pattern. This is a significant achievement.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Are you falling for 141k?The bull run on BTCUSD was not sudden, it corrected properly making a flat from 98K and breaking out the structure. this upward impulse looks too sharp to peirce 120-122k range its 1.618 fib extension of the broken structure.
Be cautious with the sell though, any rejection followed by a bear flag could be a great short with Stop above the top.
Good luck.
BITCOIN BREAKOUT IMMINENT (120K)The Trend is your Friend. Bitcoin’s current action is the kind of bull‐market digestion you want to see before the next big surge. We’ve powered up from roughly $50 K on the Trump‐election narrative to flirt with all‐time‐high territory around $112 K, and now we’re simply consolidating in a tight $100 K–$110 K range. What really grabs my attention is how volume has dried up inside that band: fewer sellers stepping up means less fuel for a deep pullback, and an ebb in liquidity often precedes the kind of compressed buildup that launches a sharp move. That liquidity squeeze tells me smart money is biding its time rather than panicking out, and that sets the stage for a clean breakout once a new catalyst arrives.
Technically, the setup could hardly be neater. The 10-, 21- and 50-period moving averages have converged, running almost in lockstep. When those averages come together like train tracks, it signals a market in “healthy pause” — neither exhausted by an overextended rally nor capitulating under bearish pressure. It’s the kind of feature you love to see: price has had its run, it’s caught its breath, and it’s ready to go again on fresh conviction. Meanwhile, the RSI sits squarely in the middle of its range, neither overbought nor oversold, meaning there’s plenty of room for buyers to step in without an immediate pullback risk from extreme readings. In other words, momentum indicators are calm, not frothy or fearful, which further supports the case for a measured upward thrust rather than a sudden crash.
On the macro side, fundamentals are lining up, too. Monthly passive inflows into Bitcoin ETPs and ETFs continue at a robust clip, with institutions quietly adding to their positions out of the spotlight. If the Fed pivots toward rate cuts later this year, capital that’s been chasing yield elsewhere could flow back into risk assets — and Bitcoin, with its “digital gold” narrative, stands to gain especially when you consider its roughly $2 trillion market cap versus gold’s $20 trillion. That leaves a lot of upside potential if institutional demand keeps accelerating. Even more compelling: real‐world use cases for blockchain—everything from proof‐of‐ownership to decentralized finance—continue to mature behind the scenes, reinforcing Bitcoin’s narrative as not just a speculative asset, but a foundational piece of tomorrow’s financial system.
Of course, we can’t ignore the risks. We’ve already seen Bitcoin price near $112 K once, and there’s always the chance it carves a frustrating double-top if it stalls again. External narratives—Middle‐East tensions, renewed Ukraine tensions, fresh tariff skirmishes—could throw cold water on the rally and trigger a quick sell-off. But given the current setup—low‐volume consolidation, converging moving averages, balanced RSI and steady capital flows—a 10 % push toward $120 K feels not just possible but probable. Keep your eye on $112 K as your breakout trigger, size your positions sensibly, and plan your stop-loss around the lower end of the range. If Bitcoin can clear that level on strong volume, we’re likely to see this bull market extend rather than roll over into a double-top scenario. Happy trading, stay disciplined, and let’s see where this market takes us next!
BTC: Buy idea: Bearish ChannelOn BTC we are in a bearish channel situation with a succession of numerous red candles. In such circumstances, we would have a high probability of seeing the market go up. This rise will be impressive if the resistance line is broken forcefully by a large green candle and followed by a large green volume. Good luck everyone!!!
Bitcoin (BTCUSDT): Trade Wave 5—Next Stop $127,000?Bitcoin’s current structure is lining up for a classic Elliott Wave fifth wave scenario, and the setup could offer a high-reward trade as we look for a measured push toward the $127,000 area. Here’s what’s standing out in the recent price action:
What the Current Structure Shows (Primary Scenario)
Wave 4 Correction Complete: After peaking in wave iii near $124,000, BTC pulled back and has potentially completed a wave iv correction. Price respected the Fibonacci retracement zones bouncing near the 38.2% retracement at $117,116.
Preparing for Wave 5: With support confirmed, price action is stabilizing and looks primed for a final motive push—wave 5—to the upside. The target projection for wave 5 is around $127,000, in line with both the 61.8% extension of the previous swing and the common equality projection for wave 5 vs. wave 1 when wave 3 is extended.
Why the Count Is Labeled This Way
The advance from early July kicked off with impulsive movement, subdividing cleanly into smaller waves that align with classic Elliott structure.
Wave iii is the clear standout—steep, extended, and carrying most of the move’s energy, which checks the box for a strong third wave.
The cluster of Fibonacci and previous resistance/support near $127,000 offers strong technical confluence for the next objective.
Trade Setup: Riding Wave 5 to $127,000
Entry Zone: Consider longs on breakouts above the current consolidation, ideally after confirmation of support holding near $117,100–$116,000.
Stop Loss: Place stops just below $113,300 (the 61.8% retracement), or tighter for risk management depending on your position size and timeframe.
Target: $127,000—where wave 5 projects to equal the length of wave 1 and aligns with multiple Fibonacci targets.
What to Watch Next (Confirmation or Invalidation)
Confirmation: An impulsive move above the interim high at $120,000–$121,000 with strong volume would confirm wave 5 is underway and that bulls have regained control.
Invalidation: A break below $110,500 would invalidate this setup and suggest a more complex correction is taking shape.
Final Steps: Monitor for impulsive character in the rally—wave 5s can sometimes truncate, so don’t get complacent at resistance.
Alternate Count
If price fails to hold support and breaks down, BTC could still be in an extended or complex fourth-wave correction—possibly a running flat or triangle—before wave 5 eventually resumes.
BITCOIN 2025 - THE LAST HOPECRYPTOCAP:BTC currently finds itself at the intersection of geopolitical tensions and broader macroeconomic uncertainty. Although traditionally viewed as a hedge against systemic risk, it is presently exhibiting characteristics more aligned with high-risk assets. The FED's forthcoming policy decisions will likely play a pivotal role in determining whether Bitcoin stabilizes or experiences further downward pressure.
The chart represents the most optimistic scenario for Bitcoin to date
Analysis Btc 120K!Based on momentum and other technicals BITSTAMP:BTCUSD Is having some problems being in a Low volume node needing to through FVG in 15 min, 4 hr time frame. My personal bias is long but we have to break structure.
End in sight, Bull run near complete, don't be fooled. Bitcoin has experienced an incredible surge, rising from $15,000 to over $111,000 in this bull cycle so far. I expect the market peak to be around $114,000 to $115,000, with historical trends indicating strong resistance at these levels. As a long-term Bitcoin bull who has navigated through multiple cycles, I see several indicators suggesting we might be nearing a market top.
Firstly, this bull run has lasted 623 days, with only 462 days remaining until the predicted next cycle bottom. This could lead to a significant correction in the short term, potentially dropping prices by at least 50% down to below $40,000. Additionally, trading volume is declining; although exchange volume is decreasing, the number of trades per day is also dwindling. This means there’s less buying and selling pressure in the market. If this trend shifts to more selling pressure amidst such low volume, we could see a rapid decline. This scenario seems to align with what market whales may be anticipating.
MicroStrategy (MSTR) is certainly supporting the market, along with new institutional investors. However, we have yet to fully assess the impact of tariffs and other economic factors, which could result in fewer people willing to invest, especially in high-risk markets.
The Net Unrealized Profit/Loss (NUPL) has been high, remaining above 66 since March 2024, which also suggests that a correction is due, as many holders are currently in profit. Although institutional investment has been steadily increasing, we are now observing a plateau in the Accumulation/Ddistribution chart. The number of BTC long positions is decreasing, while shorts remain very low, indicating a lack of confidence that Bitcoin will rise significantly higher. This low interest in both longs and shorts suggests that market pressure could shift soon.
ETF inflows have remained stable, but profit-taking is likely to occur as investors seek to increase their positions in the bear market. While we all love Bitcoin and want the rally to continue, it's crucial to remember that a bear market will eventually happen, along with the next halving—it's just a matter of timing.
Looking at the charts, if anything signifies a market top more than “Laser Eyes,” it could very well be Trump coin. We might see another upward push, but history has shown that if everyone expects a massive rally in September or the fourth quarter, the opposite usually occurs; we end up buying the rumor and selling the news.
Safe trading, everyone! I remain a staunch Bitcoin bull, but I recognize that all good things must eventually come to an end and the next cycle will be so exciting, so make sure youe have the reserves to invest in the bear!
BITCOINBTC is showing strong bearish momentum. Price has broken below key support and is forming lower highs and lower lows, indicating continuation of the downtrend.
Until we see a clear reversal pattern or reclaim of resistance levels, I expect further downside.
BTC/USD Technical Analysis — Educational BreakdownBTC/USD Technical Analysis — Educational Breakdown (July 13, 2025)
🔍 Market Context
Bitcoin (BTC/USD) is currently trading around $117,913, exhibiting a clear reaction from a well-defined resistance zone between $118,439 and $119,000. This resistance aligns with a previously unfilled 4H Bullish Fair Value Gap (FVG) — a price inefficiency left behind during a strong bullish move — which has now been filled, triggering a pause and reaction in bullish momentum.
🧠 Key Concepts Explained
📘 1. Fair Value Gap (FVG)
In Institutional Price Delivery models (often used in Smart Money Concepts), a Fair Value Gap represents an imbalance in price action — usually between the wicks of candles where price moved too quickly, leaving inefficient trading zones. Price often retraces to these areas before resuming its direction. Here, BTC has filled the 4H Bullish FVG, which acts as a magnet for price and a potential reversal point once filled.
📘 2. Liquidity Sweep
The chart highlights a Sell-Side Liquidity Sweep — this occurs when price dips below a key short-term low or consolidation range to trigger stop-losses and collect liquidity before making its next move. This move is typically engineered by larger market participants to capture orders before deciding on true directional intent.
📘 3. Resistance and Support
Resistance ($118,439 – $119,000): This area is acting as a supply zone where sellers are stepping in after price filled the FVG.
Support ($115,580): This level has previously provided demand and also holds liquidity (stop-losses from long positions), making it a probable target if bearish pressure follows through.
📈 Potential Trade Insight (Educational)
⚠️ This is not financial advice but an educational scenario based on the current technical setup.
Bearish Setup: If price rejects from resistance and forms a lower high, a short entry targeting the support zone at $115,580 could be considered, using a stop above $119,000.
Bullish Invalidator: A break and hold above $119,000 would suggest bullish continuation, potentially targeting higher time frame imbalances or resistance.
📚 Summary & Takeaway for Learners
This chart presents an excellent case study in understanding how institutional concepts like FVGs, liquidity sweeps, and key supply/demand zones interact in real price action. Traders can learn the following from this setup:
Price doesn’t move randomly — it often targets liquidity and imbalances.
Patience is key — waiting for confirmation at known reaction zones can improve trade accuracy.
Market context matters — a filled FVG at resistance combined with a liquidity sweep gives confluence to a bearish outlook.
BTC Breakout Alert: Ready for the Next Bullish Wave The BTC/USD 4-hour chart shows a clear breakout above a descending trendline that has acted as resistance since mid-May. After multiple rejections, the price has now broken above the structure, signaling bullish momentum. The Ichimoku cloud confirms support underneath, providing confluence for a potential rally. The bullish breakout is also accompanied by increasing volume and a bullish engulfing pattern near the breakout zone, which adds confirmation. Price is currently consolidating just above the breakout area, suggesting a retest may be forming before further upside continuation. If momentum sustains, higher levels could soon be tested in the coming sessions.
Entry: 109,400
1st Target: 110,000
2nd Target: 111,870
127KMorning folks,
So, BTC shows even better performance that we thought, although it obviously something stands behind, this is not market-natural motion. Anyway, we consider 127K level as all-time nearest target that stands on monthly chart.
If any pullback starts (BTC now is at daily overbought and near Yearly Resistance Pivot), we keep an eye on 117.2K and 113.5K levels to decide on long entry
#Bitcoin - Pivot is $102915 | Target $125385 or $80445 ?Date: 24-06-2025
#Bitcoin
Current Price: 105375
Pivot Point: 102915.00 Support: 99206.48 Resistance: 106655.63
#Bitcoin Upside Targets:
Target 1: 111205.31
Target 2: 115755.00
Target 3: 120570.00
Target 4: 125385.00
#Bitcoin Downside Targets:
Target 1: 94640.74
Target 2: 90075
Target 3: 85260
Target 4: 80445.00
BTCUSD Chart Analysis (Daily Timeframe)Chart Analysis – BTC/USD (Daily Timeframe)
Trend Overview:
* The chart shows **Bitcoin (BTC/USD)** on the **daily timeframe**.
* Price is in a **clear uptrend**, making **higher highs and higher lows**.
* The recent breakout above **\$111,000** suggests a **bullish continuation**.
Moving Average Analysis (EMA 7, 21, 50):
* **EMA 7 > EMA 21 > EMA 50** — this alignment confirms **strong bullish momentum**.
* Price is **well above all EMAs**, especially the 50 EMA (\~\$105,546), showing trend strength and possible institutional support.
* EMAs are **sloping upward**, which further confirms the upward momentum.
Recent Breakout:
* BTC broke out of a **short-term consolidation zone** between \~\$108,000–\$111,000.
* Today’s candle shows a **strong bullish close**, indicating fresh buying interest.
* If this breakout holds, price could extend toward the **next psychological level of \$115,000–\$117,500**.
Support Zones to Watch:
* **Minor support:** \~\$109,000 (EMA 7 + breakout retest area)
* **Stronger support:** \~\$105,500 (EMA 50 and previous swing low)
A break below **\$105,500** could signal a trend shift or deeper pullback.
Summary:
Bitcoin is showing **strong bullish structure** on the daily chart with EMAs aligned upward and a recent breakout above \$111,000. If momentum holds, next upside targets are around **\$115,000–\$117,500**. The bullish trend remains intact unless price breaks and closes below **\$105,500**.
