BTCUSD trade ideas
Bitcoin's Blue SkyBitcoin just closed another weekly candle near its highs – and this one confirmed what the last few were hinting at: the bulls are fully in charge. Price exploded through the \$112,000 resistance level, turned it into support, and barely looked back. The move wasn’t subtle either – it was loud, confident, and backed by a strong candle with virtually no upper wick. That tells you all you need to know: there’s no hesitation here, just buyers pushing price higher. If this were a poker game, Bitcoin just went all-in on momentum, and no one at the table seems brave enough to call its bluff.
Even more impressive is how clean the breakout structure looks. After consolidating under \$112K for weeks, BTC finally made its move, leaving behind a textbook support/resistance flip. As long as that zone holds, the path of least resistance is clearly up. There’s no major historical resistance overhead, which means we’re officially in price discovery – that magical place where technicals matter less and raw sentiment takes the wheel. The music is playing, and Bitcoin’s dancing like no one’s watching.
Volume has been quietly rising, even if it’s not screaming just yet. That’s a sign of real interest – not a frenzy, but sustained institutional nibbling and long-term conviction. The 50-week moving average is lagging far behind (hovering somewhere in the \$80K range), which tells you how strong this trend really is. That line’s not catching up anytime soon – it’s gasping for air while price is sprinting ahead.
Could we get a pullback? Sure. That’s always on the table. But unless BTC fumbles back below \$112K, the bulls aren’t just in control – they’re rewriting the rules. Next major psychological zones are \$125K, \$130K, and \$135K, and with each passing week, they’re looking less like distant targets and more like stepping stones. Buckle up.
Keep an eye on 117k as the level to stay above.This is the first time in 7 years that Bitcoin has been able to push up through a long trendline originating in 2018. And this is the longest time we have been above this level, with April 2021 spending one day above it.
Yes, all those shorts calling for a deep retracement got rekt, but a clock is right once a day - so there is always that possibility that we will see some profit taking and consolidation here.
We want to stay above the low in this latest move at 117,250 USD. And we are trying to close the day above the 50% of this latest move, which comes in at 117k USD. Anything less increases the risk of a pullback to digest these latest gains.
$160K BTC by AUG 11thI think we are in the 2nd to last leg up to top of Bull run. 5 waves to this one should put us at $160k, then a 3 wave down before the last 5 waves up for top by end of year. this could all be done in Aug or sept. Will have to check then to see what happens. But I call for $160k within 30 days. Bold I know. Lets go Moon shot. Top of bull run. $190k ? thoughts?
July 10 Bitcoin Bybit chart analysisHello
It's a Bitcoin Guide.
If you "follow"
You can receive real-time movement paths and comment notifications on major sections.
If my analysis was helpful,
Please click the booster button at the bottom.
Here is the Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement at 9:30 in a little while.
There is a high possibility that Nasdaq will shake up and down significantly,
but Bitcoin still looks safe in terms of signal and pattern.
In the analysis article on July 7,
I connected the strategy as it was at the last long position entry point of 107,484 dollars.
*When the red finger moves,
it is a one-way long position strategy.
1. 110,707.4 dollars long position entry point / stop loss price when the sky blue support line breaks
2. 111,783.3 dollars long position 1st target -> Top 2nd -> Good 3rd target price
The 1st section at the top is today's best short position entry point,
and the 2nd section at the bottom is a sideways market.
In the middle, with a pink finger,
I left a re-entry position after liquidating a long position, so
I think it would be good to use it.
From the breakout of the sky blue support line, it can be pushed to Bottom -> 109,116 dollars.
The report is not yet renewed,
but from now on, it will be very important, right?
This week, it seems like it will continue to shake up and down,
so I hope you operate safely with principle trading and stop loss prices.
Thank you.
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 can rebound up from support line of upward wedgeHello traders, I want share with you my opinion about Bitcoin. In this chart, we can see how the price dropped from the 102800 support level, which coincided with the buyer zone, and later entered to wedge upward. In this pattern, price made an impulse up from the support line of the wedge pattern and broke the 102800 support level, after making a retest, and continued to move up. Bitcoin rose to the current support level, which coincided with a support area and even entered this area, but soon turned around and fell below. Next, price rose to this area again and then made a correction movement, after which it turned around and made an impulse up to the resistance line of the wedge, breaking the 108000 level. After this movement, the price bounced from this line and fell back to the current support level, where it some time traded in the support area. Later price rebounded and continued to move up. Now, I expect that BTC can correct to support line of the wedge and then rise to the resistance line of this pattern. That's why I set my TP at the 112600 points, which coincided with this line. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
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 - SELL TO $86,000 (8H UPDATE)Bitcoin spiked up last night, but just about missed our 'Invalidation Zone' of $112,140 by a few pips. As long as this level can hold & sellers move back down, this sell analysis is still valid.
A lot of whipsaw price action in the markets right now, so use stick risk management.
BITCOIN Will Go Up From Support! Buy!
Take a look at our analysis for BITCOIN.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 108,796.02.
Taking into consideration the structure & trend analysis, I believe that the market will reach 110,156.53 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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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Bitcoin Longer: Clear Blue Skies for Wave 3 of 5As I explained in this video, I believe that we are currently in a wave 3 of 5 for Bitcoin and we should be breaching new highs as we have an undergoing wave 3. However, take note that the risk-reward is not good to go long. So I would recommend holding if you already have a position but to be very cautious if you are thinking of initiating a new long position.
The stop loss is $109,700. The near-term take profit is $113,923 before a potential pull back and then up to $115,000.
Good luck!
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.
BTCUSD📈 Bitcoin (BTCUSD) Market Update
Current Price: $105,000.00
Outlook: Strongly Bullish
Bitcoin is currently trading at $105,000 and showing continued bullish momentum. Price action indicates strong demand at current levels, with technical structure suggesting potential for an explosive move upward.
Key Insight:
Buy pressure remains dominant, with no immediate signs of reversal. BTC is holding above key support zones and appears poised for a continuation rally.
📊 Trade Idea:
Bias: Long (Buy)
Entry Zone: Market Price (~$105,000)
Short-Term Targets:
🎯 Target 1: $110,000
🎯 Target 2: $120,000
🎯 Target 3: $130,000
Note: Monitor for consolidation above $105,000 as a base for further upside. Risk management remains essential—adjust stop-loss levels as per your strategy.
Bitcoin (BTCUSD) Breaking to New All Time HighBitcoin (BTCUSD) has recently achieved a new all-time high, signaling the onset of the next upward phase in its price trajectory. From the significant low recorded on June 22, 2025, at $98,240, Bitcoin has exhibited a robust five-wave advance, reinforcing the bullish outlook. This rally aligns with a classic five-wave impulse structure per Elliott Wave theory, a framework often used to forecast market trends. Starting from the June 22 low, wave ((i)) peaked at $102,647. It was then followed by a corrective pullback in wave ((ii)) to $99,865. The cryptocurrency then surged in wave ((iii)) to $108,358. Wave ((iv)) concluded at $106,351 after a brief dip. The final leg, wave ((v)), culminated at $108,800, completing wave 1 of a higher-degree impulse.
Subsequently, Bitcoin experienced a wave 2 correction, retreating to $105,130. From this level, it has begun nesting higher in wave 3. This is a phase often associated with strong momentum. Within this structure, wave ((i)) reached $110,292. Wave ((ii)) pullback followed to $107,303, forming an expanded flat pattern. Further subdividing, wave (i) peaked at $109,717, with wave (ii) dips concluding at $107,471. In the near term, as long as the pivotal low at $99,865 remains intact, any pullbacks are likely to attract buyers in a 3, 7, or 11-swing sequence, supporting further upside. This technical setup suggests Bitcoin’s bullish momentum is far from exhausted, with higher levels anticipated as the wave structure continues to unfold.
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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Triangle, Flag, or Wedge? How to Trade These Chart PatternsWhat is the real difference between an ascending triangle, bull flag, and wedge? We break down these common patterns using real examples from gold and Bitcoin, explain why trendlines can be tricky, and discuss what actually matters when trading these setups.
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XRP breaks out: 19% rally in sightXRP has just broken out of an inverse head and shoulders pattern, a classic bullish setup that points to a potential 19% rally. The breakout comes at a time when the US is expected to deliver key crypto regulation updates by July 22. If the legal outcome is positive, it could fuel further upside not only in XRP but across the broader crypto market. This setup offers a strong risk-to-reward profile, especially if Bitcoin also breaks out of its current rectangle pattern.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.