BTCUSD: Next Move Is Down! Short!
My dear friends,
Today we will analyse BTCUSD together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 118.878 will confirm the new direction downwards with the target being the next key level of 118.470.and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
BTCUSD.PI trade ideas
Bitcoin (BTC/USD) is currently in wave 3 of a 5 (Elliott Wave)BTC/USD experienced a halving last year on April 20, 2024. We have been seeing the typical post-halving cycle with exponential upside, followed by deep pullbacks. The price action we've seen to date follow Elliott Wave Cycle quite nicely. I believe we are in wave 3 of a bull cycle that has really been in place since Sep 2024.
- Wave 1: Sep 2024 - Jan 2025 - parabolic upside from $54K to $109K - absolutely explosive!
- Wave 2: Jan 2025 - Apr 2025 - we saw price peak and pull back all the way to the 61.8% Fibonacci level right around $75K. Remember, that in wave 2, a healthy pullback is 50% - 61.8% of the first wave.
- Wave 3: Apr 2025 - we have since rallied to around $109K as of this analysis. We are likely in subwave 3. Subwave 1 was from the low in April to the high in May (around $112K). Subwave 2 was a very nice 3-wave zig zag (reaching low of $98.3K in June). I believe we are currently in the middle of wave 3.
My next price target based on Fibonacci extension is $118K-$120K with the $78.6% level right at $119K. Note current resistance that we need to turn into support ($109.7K level) is the 61.8% Fibonacci extension level. I do expect a meaningful pullback after the peak of wave 3, which would be wave 4. The rest is TBD and I will continue to update this idea.
Remember, Elliott Wave theory is one tool in the toolbox. I do believe there is a larger post-halving cycle narrative that is dominant and most reliable, especially since BTC has largely followed this blueprint that we see every four years, but as of now EWT fits in quite nicely. I also look at the pi cycle top indicator and believe we need to use multiple indicators to understand where we are in the cycle.
BTC crash to 50kLooks like the top is in!
This should propagate into a nice bear run.
Crypto community got BTC to 100,000$
That’s the PUMP
Then the ETF opens the flood gates for corrupt / corporate money supply… that’s the DUMP signal!
Take their money and run!
Where to? Maybe the park… I’m gonna run my DOGE!
Bitcoin’s ForecastWho knows how high Bitcoin will go but my guess is between 300/350k. What I may know ahead of time is where price may fall, for the buy. I labeled the buy zone which I believe will trigger in January 2027 based off of the pattern Bitcoin has created. I’ve noticed a couple years ago that the best time to buy Bitcoin is in January, the year after being bearish. This is the pattern and you can check for yourselves: 3 years bullish, approximately 1 year bearish. January of 2027 may begin the next bull cycle that could last for 3 years. Stay tuned!
BTC Forecast: CPI Trap or Liquidity Sweep?Powered by Advanced Time-Price Analysis | Dr.Gemy | Digital Gann Strategy
Using Time Cycles, IPDA logic, and Digital Gann structure, the upcoming week for Bitcoin is setting up for a high-probability liquidity event, especially with high-impact macro data scheduled.
📍In the next 18 hours, we expect a short-term correction toward the 115,911 USD zone.
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⏰ CPI (Tuesday) & PPI (Wednesday) = catalysts for smart money traps.
I expect a textbook liquidity hunt around the inflation data window.
Time is more important than price.
🔮 Two Critical Scenarios Unfolding:
✅ Scenario 1 – CPI Trap Setup (Tuesday News Play)
🕒 If BTC continues correcting into Tuesday (July 15), targeting 113,724 USD, this will align perfectly with the release of U.S. CPI (Inflation) data at 3:30 PM GMT+3.
📈 A fake bullish breakout above 118,098 USD could follow, luring retail traders with an inflation-driven spike, only to be reversed sharply to collect liquidity around 111,537 USD.
🧠 CPI y/y forecast is 2.6% vs 2.4% prior – higher inflation could spark temporary bullish reaction, but the underlying setup suggests it's a trap.
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🎭 Scenario 2 – Smart Money Pump and Dump
📈 BTC might front-run expectations with an early week rally to retest 118,098 USD, only to reverse midweek (around Wednesday's PPI release) as the market reacts to deeper macro data and shifting dollar strength.
💣 Downside continuation could sweep below 113,724 USD, ultimately reaching the key demand base at 111,537 USD, which marks the beginning of the last major impulsive move.
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🧠 Strategic Concepts Used:
Time Fractals (9H Cycle Lines)
Gann Reversal Timing & Breaker Blocks (H4)
Smart Money Traps around News
IPDA Voids & Liquidity Pools
CPI/PPI/Macro Liquidity Zones
#CryptoForecast #BTCUSD #CPIWeek #GannTiming #SmartMoney #LiquiditySweep #IPDA #ForexStyleCrypto #DigitalGann #DrGemy
Price action is the vehicle—but these charts show the road aheadIn the world of trading, technical analysis often gets the spotlight—candlesticks, moving averages, and indicators. But beneath every price movement lies a deeper current: macroeconomic forces. These forces shape the environment in which all trades happen.
Great traders don’t just react to price—they understand the context behind it. That context is found in macro charts: the financial “weather maps” of markets. These charts reveal whether capital is flowing toward risk or safety, whether inflation is heating up or cooling down, and whether liquidity is expanding or shrinking.
In this post, we’ll explore 10 macro charts that can elevate your edge, backed by proven examples of how they’ve helped traders stay on the right side of the market. These aren't just charts—they’re market truths in visual form.
1️⃣ DXY – U.S. Dollar Index
Why it matters:
The U.S. dollar affects everything: commodities, stocks, global trade, and especially forex. The DXY measures its strength against major currencies.
📉 Chart Reference:
In 2022, DXY surged past 110 due to aggressive Fed rate hikes. This crushed EURUSD, pressured gold, and triggered a global risk-off move. Traders who tracked DXY rode USD strength across the board.
💡 Use it to: Confirm trends in FX and commodities. Strong DXY = bearish pressure on gold and risk assets.
2️⃣ US10Y – 10-Year Treasury Yield
Why it matters:
This is the benchmark for interest rates and inflation expectations. It guides borrowing costs, equity valuations, and safe-haven flows.
📉 Chart Reference:
In 2023, the 10Y spiked from 3.5% to nearly 5%, leading to weakness in growth stocks and boosting USD/JPY. Bond traders saw it first—equities followed.
💡 Use it to: Anticipate moves in growth vs. value stocks, and confirm macro themes like inflation or deflation.
3️⃣ Fed Dot Plot
Why it matters:
This is the Fed’s forward guidance in visual form. Each dot shows where a policymaker expects interest rates to be in the future.
📉 Chart Reference:
In Dec 2021, the dot plot signaled a faster pace of hikes than the market expected. Those who caught the shift front-ran the USD rally and equity correction in early 2022.
💡 Use it to: Predict future rate policy and align your macro bias with the Fed's path.
4️⃣ M2 Money Supply (US)
Why it matters:
This chart tracks the amount of money in the system. More liquidity = fuel for risk. Less = tightening conditions.
📉 Chart Reference:
After COVID hit, M2 exploded, leading to a major bull run in stocks and crypto. When M2 began contracting in 2022, asset prices peaked and reversed.
💡 Use it to: Gauge macro liquidity conditions. Expansion is bullish; contraction is dangerous.
5️⃣ Copper/Gold Ratio
Why it matters:
Copper is a growth metal; gold is a fear hedge. Their ratio acts as a risk-on/risk-off indicator.
📉 Chart Reference:
In 2021, the copper/gold ratio surged—signaling growth and optimism. This preceded strong gains in cyclical equities and commodity currencies like AUD and CAD.
💡 Use it to: Confirm risk sentiment and lead equity or FX trends.
6️⃣ VIX – Volatility Index
Why it matters:
VIX tracks expected volatility in the S&P 500. It's often called the "fear index."
📉Chart Reference :
In March 2020, VIX spiked to nearly 90 as COVID panic set in. This extreme fear was followed by one of the greatest buying opportunities of the decade.
💡 Use it to: Time entries and exits. High VIX = fear = possible reversal. Low VIX = complacency = caution.
7️⃣ Real Yields (10Y TIPS - CPI)
Why it matters:
Shows the inflation-adjusted return on bonds. Real yields affect gold, tech, and risk appetite.
📉Chart Reference :
In 2022, real yields went from deeply negative to positive—crushing gold and high-growth stocks.
💡 Use it to: Confirm direction in gold, NASDAQ, and broad macro trends.
8️⃣ Oil Prices (WTI or Brent)
Why it matters:
Oil is both a growth and inflation input. Rising prices mean higher costs and often precede policy tightening.
📉Chart Reference :
Oil’s rally in early 2022 foreshadowed CPI spikes and led central banks to turn hawkish. Traders who tracked it saw inflation risks building early.
💡 Use it to: Forecast inflation, assess energy-related equities, and understand global demand.
9️⃣ Global PMIs (Purchasing Managers’ Indexes)
Why it matters:
Leading indicator of economic health. PMIs above 50 = expansion. Below 50 = contraction.
📉 Chart Reference:
In 2023, China’s PMI consistently printed below 50—signaling manufacturing weakness and global demand concerns. This helped traders avoid overexposure to emerging markets.
💡 Use it to: Gauge growth momentum globally and regionally.
🔟 SPX vs. Equal-Weighted SPX (Breadth Divergence)
Why it matters:
Shows whether the S&P 500 rally is broad-based or just driven by a few megacaps.
📉Chart Reference :
In early 2024, the index made new highs—but the equal-weighted version lagged badly. That divergence warned traders of a fragile rally.
💡 Use it to: Detect weakness beneath the surface and avoid false confidence in rallies.
🧠 Nerdy Tip: Macro Is the Invisible Hand
These charts don’t give you trade entries—but they give you conviction, timing, and perspective.
When you combine macro context with technical setups, you trade in sync with the market’s deeper rhythm.
So before you place your next trade, ask yourself:
What are yields doing?
Is liquidity expanding or drying up?
Is risk appetite rising or falling?
put together by : @currencynerd as Pako Phutietsile
Bitcoin Macro Cycles: Sell Signal at RSI 90Bitcoin’s historical market cycles, using monthly RSI data to identify previous bull market peaks. Notable tops in 2013, 2017, and 2021 are highlighted, with the next potential peak projected around October 2025. A consistent pattern emerges where each market top aligns with the monthly RSI reaching or nearing the 90 level, indicating extremely overbought conditions.
Sell when the monthly RSI hits 90. This has consistently marked previous market tops and can serve as a reliable signal for long-term investors.
Btcusd techinical analysis.This chart shows the Bitcoin (BTC) / USD 1-hour timeframe on OKX, with several technical analysis elements:
Key Observations:
1. Price Action:
Current price: $117,334.1, showing a −2.14% decline.
Price has dropped from around $123,000 down to $117,000, indicating a sharp bearish movement.
2. Harmonic/Pattern Zones:
The chart contains harmonic pattern structures with Fibonacci ratios:
The large upswing has a retracement level of 0.9655, nearly a full retracement.
A downward channel/retracement touches 0.8416, indicating a deep pullback.
Another smaller retracement at 0.3716, a shallower correction.
3. Support and Resistance Zones:
Multiple horizontal purple zones mark areas of past price reactions:
Around 121,000, 119,000, and 117,000 levels.
Price is currently testing the 117,000 support zone.
4. Projected Price Path (Yellow Arrows):
The projected movement shows a potential bullish recovery:
Minor pullbacks are expected, followed by higher highs.
The target appears to aim back toward the 119,000 – 120,000 resistance zone.
5. Icons on Chart
BTC/USD 1H ShortTerm🔍 Trend:
The short-term uptrend remains in effect, supported by the orange trendline.
The price has tested dynamic support but has not yet broken it.
🟥 Supports (Important Levels):
🔻 1. 119.550
Key support.
The price is currently testing it. Holding = potential upside rebound.
Breaking = greater downside risk.
🔻 2. 117.260–118.040 USD
Clear demand zone (reinforced by prior consolidation).
If the price breaks below current support, this is the next logical stopping point.
🔻 3. 115.237–115.500 USD
Strong weekly support – very important in the event of a stronger correction.
Historically, it has responded many times.
🟩 Resistance:
🔼 1. USD 121.673
The nearest local resistance – this could pose a problem for further growth.
🔼 2. USD 123.961
The last local high. Breaking it confirms the continuation of the uptrend.
🔼 3. USD 125.785
The next resistance – a potential target after a breakout to the upside.
📈 Technical Indicators:
RSI (classic):
Still below 50, but starting to reverse slightly upward – neutral with a slight potential for a rebound.
Stochastic RSI:
Gives a long signal – the lines have crossed in the oversold zone and are pointing upward.
📊 Scenarios:
🟢 Bullish:
Maintaining the current support zone (119.5–120k).
Breakout above 121.673 → target: 123.961.
Breakout of 123.961 = trend confirmation and target: 125.8k+
🔴 Bearish:
Break of the trend line and support at 119.550 → possible quick decline to 117.2k–118k.
If this doesn't hold, target: 115.2k
✅ Summary:
Decisive moment – tested trend line + support = rebound or breakout point.
The Stochastic RSI indicates a potential upside breakout, but the RSI needs confirmation.
Careful monitoring of volume and reaction to 120k in the coming hours.
Evolving Price & Candle Patterns: BitcoinLook what is happening here with the candle patterns and price action. In the most recent challenge of resistance something changed. Change is good. It can mean the end of this sideways period.
At (1) Bitcoin finds resistance and immediately starts a decent. The same happens at (2). When we reach (3) everything changes. (1) & (2) produced a low and lower low. The down-move was extended. (3) produced only two red candles, a strong higher low and the third day was a full green candle moving above the descending trendline resistance. The price pattern is now erratic, completely different to previous moves.
Now, consider (4). If the strong green candle was intended as a bull-trap, then we would expect a down-move to follow right after the peak, just as it happened with (1) and (2). But nothing, after (4), Bitcoin has been sideways within the bullish zone.
This change is good, bullish.
A drop can develop anytime but the market already had two changes to produce a down-wave, (3) and (4). The fact that a down-move didn't materialize means that the market has something different in store for us, change. This change is good because when resistance is challenged, prices tend to drop when the market is moving within a range. No drop can signal the end of the range trading which in turn can translate into the start of the next bullish wave.
If this idea turns out to be true, Bitcoin will start growing within days. Growth should be strong because consolidation has been happening for months.
Namaste.
Btcusd techinical analysis.This chart is a 1-hour candlestick chart for Bitcoin/US Dollar (BTC/USD) from OKX, analyzed using TradingView. Here's a breakdown of the technical elements:
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🔍 Key Observations:
1. Current Price
$120,054.6 with a +0.77% gain.
Price appears to be rebounding from recent support.
2. Chart Patterns & Annotations
Yellow Zigzag Lines: Indicate recent price action and a potential bullish reversal pattern forming.
Purple Zones: Likely represent key support and resistance levels.
Pink Downtrend Line: A descending trendline showing the bearish resistance.
Blue Box Area: Suggests a potential price movement range—either up or down.
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📈 Technical Analysis Insights
✅ Bullish Case (Upside Scenario)
Break above descending trendline could lead BTC to:
Target: ~122,800 - 123,000
Potential
BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT
BITCOIN SIGNAL
Trade Direction: short
Entry Level: 111,047.38
Target Level: 109,294.85
Stop Loss: 112,211.89
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
Bitcoin Renko Breakout Confirmation with CryptoQuant NetflowFrom late 2024 till now, Bitcoin (BTC/USD) was consolidating within a broad sideways range between well-defined support and resistance levels on the 4H Renko chart. During this time, market indecision was obvious as neither bulls nor bears could establish dominance.
Recently, BTC has decisively broken out above the major resistance zone at ~$108,000 — as seen with my custom Renko + Decision Tree + S/R Channel script ( ). This breakout above resistance technically suggests the end of range-bound price action and the potential start of a new bullish trend, especially when confirmed by on-chain data.
On-Chain Netflow Confirmation
As I originally highlighted in my CryptoQuant Netflow analysis (published under the username ‘cryptoonchain’ on CryptoQuant platform):
Total Exchange Netflow for Bitcoin has recently dropped to its lowest level since February 16, 2023 — at which point the last bullish cycle began.
Negative Netflow means more BTC is being withdrawn from exchanges than deposited, indicating reduced selling pressure and strong holder conviction.
Binance-specific Netflow also confirms massive outflows, a sign whales and large traders are accumulating and withdrawing funds from trading venues.
Historically, this combination — a technical breakout (Renko) and deep negative on-chain netflow (dataset: CryptoQuant) — has preceded major bull runs.
Summary
Based on both my Renko model and current on-chain flows:
The breakout above 108,000 resistance marks the start of a likely new uptrend for BTC (now 119,000).
On-chain data via CryptoQuant strongly supports the bullish scenario.
Invalidation
If BTC returns below $108,000 and consolidates there, this bullish outlook is invalidated and a reassessment is required.
Wyckoff Re-Accumulation (Phase 2) – BTC Market Structure AnalysiThis is an updated outlook on BTC’s current price structure based on Wyckoff methodology.
🔹 Structure Overview:
BTC has broken out above its previous resistance and reached a new ATH. Based on current price action and volume behavior, I believe we are at the Sign of Strength (SOS) phase in a Wyckoff Re-Accumulation Phase 2.
Key Wyckoff Labels in this structure:
PSY – Preliminary Supply
BC – Buying Climax
AR – Automatic Rally
ST – Secondary Test
UT – Upthrust
LPS – Last Point of Support
SOS – Sign of Strength
(For those unfamiliar with the terms, I suggest looking up the Wyckoff Method for detailed definitions.)
The breakout is happening with volume support, and we’ll need to observe how sustained the demand is.
🔹 RSI Observation:
In June, RSI pivoted at 64, and has now reached 73
Both price and RSI are printing higher highs
Daily RSI has not yet reached overbought territory (80+)
If RSI crosses above 80 and then rolls over, it could signal a bearish divergence → followed by a retracement
🔹 Possible Scenarios (3 Outcomes I’m Watching):
📈 Another Re-Accumulation Phase forms after this move
🧊 Market tops out at ATH and enters a Distribution Phase
🚀 A parabolic move (Blow-off Top) happens, followed by a sharp crash and Distribution
🔹 My Personal Trading Plan:
As price enters the next phase, I’ll be watching closely for signs of PSY and BC (Preliminary Supply & Buying Climax). If bearish divergence aligns with these, it may indicate an upcoming retracement.
Once BC forms, I expect an AR (Automatic Reaction) to follow
I’ll look for short entries during the retracement
A Trading Range could form between the BC (resistance) and AR (support)
⚠️ Be cautious of fakeouts, especially during breakout attempts at the range boundaries.
🔹 Price Projection (Fibonacci Extension – For Reference Only):
Using Fibonacci Extension based on the following price coordinates:
Point A: 49,577
Point B: 109,356
Point C: 74,434
🎯 Target Zones:
0.786 extension → 121,420
1.000 extension → 134,213
Again, these are not predictions — just reference points based on market structure.
🔹 Final Note:
This analysis reflects my personal interpretation of the current market structure. Price action can change rapidly based on macro and technical factors. Patterns and phase transitions may take days or even weeks to fully develop.
Feel free to share your thoughts, criticisms, or alternate views — I’m open to feedback from fellow traders.
#Wyckoff #BTC #Bitcoin #CryptoTA #Reaccumulation #TradingPlan #TechnicalAnalysis #RSI #FibExtension #MarketStructure
BTC Massive SetupConsolidation for months between 91k and 106k
- Classic Wyckoff setup as an accumulation/distribution
- Price targets of: 121.878 (122k is the popular target) to the upside with 75,827 on the down
- Saylor today put out news to be raising another $2 billion to buy BTC. Either he is going to be able to hold the floor or get washed out
- Trade can be taken with confirmation of breakout on either side pretty easily as momentum will be so strong that being on the wrong side will most likely be an immediate stop out