Bitcoin Price Could test resistance 120K After DeclineBitcoin is consolidating within a range — not showing strong directional momentum yet — and is testing the resistance zone between 120K and 121K.
This is a critical supply zone, where buyers were previously liquidated. It’s a psychological level and might trigger profit-taking or heavy resistance from sellers. If BTC fails to break and hold above the 121K zone, there’s a high probability of a pullback toward the 116.2K–117K area to grab liquidity before a new move.
Former President Donald Trump signing new crypto laws could introduce market-moving fundamentals. However, the impact on price will depend on the content of those regulations:
You may find more details in the chart Ps Support with like and comments for better work.
BTCUST trade ideas
TradeCityPro | Bitcoin Daily Analysis #131👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and key crypto indices. As usual, in this analysis, I’ll review the futures session triggers for New York.
⏳ 1-hour timeframe
Over the past few days, the market hasn't been very focused on Bitcoin, and altcoins have been moving more strongly to the upside.
⚡️ Bitcoin is still ranging between 116829 and 122733 and is fluctuating between these two levels.
💥 Currently, a local top has formed at 120594, and if that level breaks, we can open a long position. The main long trigger will be the breakout of 122733.
📈 If the market decides to correct, key support levels are 118071 and 116829. I’m setting the stop-loss for my previously opened positions below the 116000 zone.
👑 BTC.D Analysis
Let’s look at Bitcoin Dominance. The reason I’m saying Bitcoin isn't currently the center of attention is exactly this dominance chart.
🔔 As you can see, BTC Dominance is in a very sharp downtrend with strong momentum, which means capital is flowing out of Bitcoin and into altcoins—giving us better long setups on alts.
✨ For now, I see the trend as bearish, and the next supports are at 61.34 and 60.49.
📅 Total2 Analysis
Total2 is still moving upward and has broken above 1.46, continuing its upward momentum.
✔️ The new top is at 1.5, and a breakout above this level can be used as a trigger for long entries.
📅 USDT.D Analysis
Let’s move to Tether Dominance. The 4.22 support was broken yesterday, and the index is now moving downward.
💫 The next support level is 4.08, and breaking that will confirm continuation of the downtrend.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Bitcoin Technical Setup: Support Holds, Wave 5 in FocusBitcoin ( BINANCE:BTCUSDT ) filled the CME Gap($117,255-$116,675) and started to rise, as I expected in my previous idea .
Bitcoin is currently trying to break the Resistance zone($119,530-$118,270) . In the last week's movement, the price of $118,000 can be considered as one of the most important numbers for Bitcoin , with a lot of trading volume around this price.
In terms of Elliott Wave theory , it seems that Bitcoin has managed to complete the main wave 4 near the Support zone($116,900-$115,730) and Support lines . The structure of the main wave 4 is a Zigzag Correction(ABC/5-3-5) (so far). There is a possibility that the 5th wave will be a truncated wave because the momentum of the main wave 3 is high and Bitcoin may NOT create a new ATH and the main wave 5 will complete below the main wave 3.
I expect Bitcoin to start rising near the Potential Reversal Zone(PRZ) and Cumulative Long Liquidation Leverage($118,277-$118,033) , break the Resistance zone($119,530-$118,270) and reach the targets I have marked on the chart.
Note: Stop Loss(SL)= $116,960
CME Gap: $115,060-$114,947
Cumulative Short Liquidation Leverage: $121,502-$121,134
Cumulative Short Liquidation Leverage: $120,612-$119,783
Cumulative Long Liquidation Leverage: $116,810-$115,522
Do you think Bitcoin can create a new ATH again?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoin: New All-Time High — What’s Next?Bitcoin had an incredible run, breaking the old all-time high ($111,980) with strong bullish momentum and setting a fresh ATH at $123,218 (Binance). We just witnessed the first major corrective move of ~6% and a decent bounce so far — but the big question is:
What’s next? Will Bitcoin break higher over the summer or form a trading range here?
Let’s dive into the technicals.
🧩 Higher Timeframe Structure
May–June Range:
BTC was stuck between $110K–$100K, forming an ABC corrective pattern. Using trend-based Fib extension (TBFE) from A–B–C:
✅ C wave completed at $98,922 (1.0 TBFE)
✅ Upside target hit at $122,137 (-1 TBFE)
Full Bull Market TBFE:
➡️ 1.0 → $107,301 → previously rejected
➡️ 1.272 → $123,158 → recent rejection zone
Pitchfork (log scale):
➡️ Tapped the upper resistance edge before rejecting.
Previous Bear Market Fib Extension:
➡️ 2.0 extension at $122,524 hit.
2018–2022 Cycle TBFE:
➡️ 1.618 at $122,011 tapped.
Macro Fibonacci Channel:
➡️ Connecting 2018 low ($3,782), 2021 ATH ($69K), 2022 low ($15,476) →
1.618–1.666 resistance band: $121K–$123.5K.
✅ Conclusion: Multiple fib confluences mark the $122K–$123K zone as critical resistance.
Daily Timeframe
➡️ FVG / Imbalance:
Big daily Fair Value Gap between the prior ATH and $115,222 swing low.
BTC broke the prior ATH (pATH) without retest → a pullback to this zone is likely.
Lower Timeframe / Short-Term Outlook
We likely saw a completed 5-wave impulse up → now correcting.
The -6% move was probably wave A, current bounce = wave B, next leg = wave C.
➡ Wave B short zone: $120K–$121K
➡ Wave C target (1.0 TBFE projection): ~$113,326
➡ Confluence at mid-FVG + nPOC
Trade Setups
🔴 Short Setup:
Entry: $120,300–$121,000
Stop: Above current ATH (~$123,300)
Target: $113,500
R:R ≈ 1:2.3
🟢 Long Setup:
Entry: Between Prior ATH and $113,000
Stop: Below anchored VWAP (~$110,500)
Target: Higher, depending on bounce confirmation.
🧠 Educational Insight: Why Fibs Matter at Market Extremes
When markets push into new all-time highs, most classic support/resistance levels disappear — there’s simply no historical price action to lean on. That’s where Fibonacci extensions, channels, and projections become powerful tools.
Here’s why:
➡ Fibonacci extensions (like the 1.272, 1.618, 2.0) help estimate where trend exhaustion or profit-taking zones may appear. They are based on the psychology of crowd behavior, as traders anchor expectations to proportional moves from previous swings.
➡ Trend-Based Fib Extensions (TBFE) project potential reversal or continuation zones using not just price levels, but also the symmetry of prior wave moves.
➡ Fibonacci channels align trend angles across multiple market cycles, giving macro context — like how the 2018 low, 2021 ATH, and 2022 low project the current 1.618–1.666 resistance zone.
In short:
When you don’t have left-hand price history, you lean on right-hand geometry.
That’s why the $122K–123K zone wasn’t just random — it’s a convergence of multiple fib levels, cycle projections, and technical structures across timeframes.
⚡ Final Thoughts
Bitcoin faces major resistance around $122K–$123K backed by multiple fib and structural levels. A retest of the prior ATH zone (~$112K–$113K) looks probable before the next big directional move. Watch lower timeframe structure for signs of completion in this corrective phase.
_________________________________
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BTC BEARISH TRADE SETUP DEVELOPING CHART PAATERNBearish Trade Setup Developing
The market is currently trading near 119,000, facing a strong resistance zone at 121,500. If the price fails to break and hold above this resistance, a downward move is expected.
📉 Key Levels to Watch:
Resistance: 121,500
First Support / Setup Area: 116,000
Target Level: 112,000
A rejection from resistance followed by confirmation of lower highs could initiate a strong bearish trend. Traders are advised to monitor price action closely for confirmation before entering short positions.
Note: Risk management is essential Always trade with a defined stop-loss
TradeCityPro | Bitcoin Daily Analysis #130👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and key crypto indices. As usual, in this analysis, I’ll go over the futures triggers for the New York session.
⏳ 1-hour timeframe
As you can see in the 1-hour timeframe, Bitcoin was supported at the 116829 zone yesterday and is now moving upward.
📈 The long position trigger at 118494 has been activated, and the price is currently pulling back to this level.
💥 The 0.236 Fibonacci level is right above the price, and if it breaks, the price can continue moving upward.
⚡️ The current local top is 122733, which can be the first target for the long position. Breaking this level would also be our main trigger for a long entry.
👑 BTC.D Analysis
Bitcoin dominance is still falling and has now confirmed below the 63.96 zone.
🔍 Currently, the trend is fully bearish, and breaking 63.50 will confirm continuation of the downtrend.
📅 Total2 Analysis
Total2 is rising alongside the drop in Bitcoin dominance and has confirmed above 1.33.
🎲 The next resistance is at 1.41, and the current uptrend can continue toward that level.
📅 USDT.D Analysis
Tether dominance has confirmed below 4.36 and is continuing its downward move.
✔️ The next support is at 4.22, and breaking this level would initiate the next major bearish leg.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
TradeCityPro | Bitcoin Daily Analysis #128👋 Welcome to TradeCity Pro!
Let’s get into the analysis of Bitcoin and key crypto indexes. As usual, I’ll be reviewing the futures triggers for the New York session.
⏳ 1-Hour timeframe
In the 1-Hour timeframe, as you can see, Bitcoin broke the 118494 top yesterday and is now moving upward.
✔️ According to the Fibonacci Extension zones, the price has moved up to the 0.5 Fibonacci level and has been rejected from there, printing a few red candles for now.
📊 The buying volume in this bullish leg was very high, and as you can see, volume was in convergence with the trend. Now that the corrective phase has started, the volume is also decreasing, and still remains in convergence with the uptrend.
🔔 From a momentum perspective, we’ve reached a market top because RSI has reached the ceiling it previously formed at the 85.90 level, reacted to it, and has now dropped back below the 70 zone.
💥 If the 85.90 zone on RSI is broken, we’ll likely see a very sharp and explosive bullish leg from Bitcoin. In that case, the next targets would be the 0.786 and 1 Fibonacci levels.
🔑 For opening a position now, we can enter on the break of 122512, and we could also use the price’s pullback to the SMA25 as an entry. For now, our triggers aren’t highly reliable, so positions should be based more on market momentum.
👑 BTC.D Analysis
Let’s move to Bitcoin Dominance. The dominance range box between the 64.44 and 64.82 is still ongoing, and dominance hasn’t broken out of this box yet.
⚡️ If the box breaks downward, a large amount of capital will flow into altcoins, and we could see major pumps in altcoins.
📅 Total2 Analysis
Moving on to Total2. Yesterday, the 1.3 top was broken and the price moved up toward 1.33 and has now reached that area.
I✨ f that resistance breaks, the next target will be 1.41. If a correction happens, 1.3 and 1.26 are the lower support zones.
📅 USDT.D Analysis
Now to Tether Dominance. A new bearish wave started yesterday and has continued down to 4.22.
🎲 If this zone breaks, the bearish leg can continue down to 4.08.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Bitcoin Price in Clear Bullish TrendBTCUSDT has formed a strong support zone around 115,500, where the price recently faced rejection, signalling potential bullish momentum. This zone is acting as a solid base, and any sustained move above the current levels could trigger an aggressive upward move.
Breakout Confirmation: A 1H candle close above 118,500 would confirm bullish continuation Upside Targets: 120,150 and 123,200,
A successful breakout above 118,500 could open the path toward 120K investor needs to monitor our chart.
PS:: Support with like and comments for more better analysis Thanks.
Lingrid | BTCUSDT strong Bullish Trend Continues The price perfectly fulfilled my last idea . BINANCE:BTCUSDT CRYPTOCAP:BTC broke out of a long consolidation range and confirmed a higher low at 98,200, initiating a new impulsive rally inside the upward channel. The price is now trading well above the 116,643 breakout level and holding near the mid-range of the next resistance zone. As long as the bullish structure holds, price is expected to target the upper resistance band near 130,000 in the coming sessions. Momentum and structure remain in favor of the bulls, supported by trendline and volume strength.
📉 Key Levels
Buy trigger: breakout and sustained move above 116,643
Buy zone: 116,643–120,000 (retest of structure and upper trendline)
Target: 130,000
Invalidation: drop below 116,000 breaks upward trend bias
💡 Risks
False breakouts around resistance zone may delay continuation
Macro uncertainty or ETF-related news can shift sentiment
Failure to hold above 116,643 would expose the trend to deeper correction
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
BTC AI Prediction Dashboard - 6h Price Path (16.07.25)
BTCUSDT Forecast:
Crypticorn AI Prediction Dashboard Projects 6h Price Path (Forward-Only)
Forecast timestamp: ~10:15 UTC
Timeframe: 15m
Prediction horizon: 6 hours
Model output:
Central estimate (blue line): -119,635
Represents the AI’s best estimate of BTC’s near-term price direction.
80% confidence band (light blue): 119,101 – 119,820
The light blue zone marks the 80% confidence range — the most likely area for price to close
40% confidence band (dark blue): 118,473 – 120,801
The dark blue zone shows the narrower 40% confidence range, where price is expected to stay with higher concentration
Volume on signal bar: 153.73
This chart shows a short-term Bitcoin price forecast using AI-generated confidence zones.
Candlesticks reflect actual BTC/USDT price action in 15-minute intervals.
This helps visualize expected volatility and potential price zones in the short term.
BTCUSDT Another correction and Bounce to topBTCUSDT strong support in the 1H timeframe, with quick rejection and recovery from the lower levels. This behaviour often signals stop-hunting activity, followed by a potential bullish reversal, suggesting accumulation by smart money.
📊 Key Technical Levels:
Immediate Resistance: 118,500
A break and 1H candle close above 118,500 would be a bullish trigger. If price holds and builds above this level, we could see momentum towards: 120,000 / 122,000 / 124,000 (next potential targets)
You May find more details in the chart.
PS: Support with like and comments for more analysis Thanks for Supporting.
BTC/USDT 125k?The current market structure shows a bullish pennant forming after a strong impulsive move upward, with price consolidating between key support and resistance levels. This pattern, combined with volume signals and key price zones, suggests a potential for a high-volatility breakout.
🔷 Volume Profile & OBV Insights
The On-Balance Volume (OBV) indicator is forming a symmetrical triangle, indicating a volume squeeze. This suggests a potential sudden spike in volume that could confirm the next major move.
Anchored Volume Profile (VPVR) on the right shows a notable low-volume area between 112K–115K. If price breaks below this zone, it could lead to a rapid selloff toward deeper fair value areas due to reduced liquidity support.
📈 Bullish Scenario
If price breaks above the pennant resistance and 119.5K liquidity zone, it may signal bullish continuation.
A successful retest of the breakout level as support would confirm strength, opening the door to:
Short-term target: 123K (supply zone and previous swing high)
Mid-term target: 125K (key psychological level and potential ATH)
Watch for confirmation via OBV breakout and strong bullish volume. Failure to sustain above the 118K–119K area could signal a bull trap.
📉 Bearish Scenario
A breakdown below pennant support and the 115K level would likely trigger a move into the low-volume range.
First key downside target: 114.7K–115.7K, which aligns with the Golden Pocket (Fib 0.618 zone) and a 4H Fair Value Gap (FVG).
This zone may act as a support or a liquidity grab reversal area.
If this zone fails to hold, deeper downside targets become likely:
FVG 2 (~112K)
Psychological support at 110K, which aligns with strong historical demand and a major VPVR node.
This bearish move may either confirm further downside momentum or present a fakeout opportunity if price sharply reverses from one of these deeper levels.
✅ Summary
BTC is coiled within a bullish pennant, with both bullish continuation and bearish breakdown scenarios in play. Volume confirmation and breakout direction will be key. Traders should monitor how price reacts around the 115K–118K zone for directional clarity. A move beyond this range, especially with volume support, will likely define the next trend leg.
The $BTC Swing Indicator Signals Low RiskHappy New Year! The indicators that make up the Bitcoin Swing Trade Indicator (BSTI) are bottoming in aggregate. I've been searching for nice daily swing trade indicators and have been swapping them out in the BSTI. Therefore, the BSTI has gone through changes, but it is almost ready for prime time. I'm thinking of changing out one more indicator. The solid ones I'm keeping are the SOPR momentum, money flow, aggregate funding rate (AFR), MACD, RSI, hash rate capitulation, Bollinger band trend, Coinbase premium, plus directional movement, and the transaction fee spike indicators. Besides the AFR, which is neutral, the indicators are signaling generally low risk.
--Da_Prof
$130K Channel Resistance — Bullish Structure Intact Bitcoin continues its strong uptrend, pushing toward high time frame resistance at $130K. With no bearish structure in sight, short-term momentum favors continuation unless resistance prompts a reversal.
Bitcoin is showing continued strength in the immediate short term, with price steadily advancing toward the $130,000 high time frame channel resistance. This level marks the upper boundary of a macro trend channel and presents the next critical test for BTC. While this zone may act as a barrier, the market remains structurally bullish, and further upside remains possible before any meaningful correction takes place.
Key Technical Points:
- Channel Resistance at $130K: Major high time frame level to watch
- Bullish Market Structure: Consecutive higher highs and higher lows on lower time frames
- No Bearish Reversal Signs Yet: No structural break or shift to indicate correction
Bitcoin’s price action has been defined by clear bullish structure, especially on the lower time frames, where the market continues to print higher highs and higher lows. This confirms that bulls are still in control and dips are being bought aggressively, maintaining the strength of the trend.
The next major technical level is the $130K resistance, which aligns with the upper boundary of a long-term ascending channel. This area is likely to serve as a key decision zone. If price approaches this region without any signs of exhaustion or bearish divergence, the probability of a brief breakout or retest increases.
However, it is also important to consider this level as a potential inflection point. If price begins to stall at or near $130K — especially with declining volume or a shift in short-term structure — it could signal the beginning of a corrective move. Until such a development occurs, however, the market remains decisively bullish.
Traders should closely monitor intraday structure around the $130K zone. A clean break above on strong volume would indicate continued strength and could open the path toward further price discovery. Conversely, the first sign of weakness would be a break of short-term support levels and failure to form new highs — neither of which has occurred yet.
Bitcoin remains bullish in the short term as it approaches $130K resistance. Unless a structural break occurs or bearish signals appear, further upside remains likely before any correction sets in.
TradeCityPro | Bitcoin Daily Analysis #127👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and the key crypto indexes. In this analysis, as usual, I want to review the New York session futures triggers for you.
⏳ 1-Hour timeframe
In the 1-hour timeframe, as you can see, Bitcoin, after the correction down to the 116829 level, is now breaking the 118494 top again.
🔔 This move can potentially start Bitcoin’s next bullish leg. In that case, I think this leg will be a strong one because the correction was very shallow and didn’t even reach the 0.236 Fibonacci level, so the price may perform another sharp move.
💥 On the other hand, the RSI oscillator is entering Overbuy, which increases the probability of a bullish scenario and a sharp next leg.
📈 If the 118494 level is broken, we can open a long position. We already have suitable confirmations for this position since volume and RSI are aligned with price, and also the SMA25 is supporting the price and pushing it upward.
👑 BTC.D Analysis
Let’s move on to Bitcoin Dominance. The dominance trend is still bearish and continuing downward.
⭐ Currently, it’s sitting on a key support at 64.44, and breaking this level can continue the bearish move in dominance.
📅 Total2 Analysis
Let’s go over Total2. Yesterday, after correcting to the 1.26 level, it seems the next bullish move has started and it’s heading toward 1.3.
🎲 The main resistance I see for Total2 is still 1.33, and I believe this will be the main ceiling that Total2 will struggle with.
📅 USDT.D Analysis
Moving on to Tether dominance. This index is still dropping and is now sitting at the 4.36 support.
✨ Breaking this level will start the next bearish leg, and the price can move toward 4.22. If a correction occurs, the first level will be 4.49.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
BTC AI Prediction Dashboard - 6h Price Path (21.07.25)
Prediction made using Crypticorn AI Prediction Dashboard
Link in bio
BTCUSDT Forecast:
Crypticorn AI Prediction Dashboard Projects 6h Price Path (Forward-Only)
Forecast timestamp: ~11:00 UTC
Timeframe: 15m
Prediction horizon: 6 hours
Model output:
Central estimate (blue line): -118,199
Represents the AI’s best estimate of BTC’s near-term price direction.
80% confidence band (light blue): 117,911 – 119,052
The light blue zone marks the 80% confidence range — the most likely area for price to close
40% confidence band (dark blue): 117,725 – 119,983
The dark blue zone shows the narrower 40% confidence range, where price is expected to stay with higher concentration
Volume on signal bar: 151.81
This chart shows a short-term Bitcoin price forecast using AI-generated confidence zones.
Candlesticks reflect actual BTC/USDT price action in 15-minute intervals.
This helps visualize expected volatility and potential price zones in the short term.
Bitcoin Eyes $145K, $195K, $255K in 2–6 YearsHello✌
Let’s analyze Bitcoin’s upcoming price potential 📈.
BINANCE:BTCUSDT , I expect a long-term upward bullish trend.
This analysis includes three main targets: $145,000, $195,000, and a final target of $255,000, which could potentially be reached within 2 to 6 years.
The price may form parallel channels at different stages, which are shown on the chart. I also expect the current upward bullish channel to remain valid and continue moving higher.
✨We put love into every post!
Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks , Mad Whale🐋
🐋Many of the points and levels shown on the chart are based on personal experience, feeling, and over 7 years of research and daily study of crypto charts.
Some of the lines, channels, and price zones are drawn to make the chart easier to understand and to help imagine possible future price movements.
I’ve also included one very big drop in price even bigger than the others because in the crypto market, it’s common for prices to suddenly fall hard and push out small investors and traders with positions.
The targets on the chart are not guaranteed; they might be reached, or they might not.📚
📜Please make sure to do your own research before investing, and review the disclaimer provided at the end of each post.
Bitcoin: Nothing Changed, Still BullishBitcoin: Nothing Changed, Still Bullish
BTC still maintains a strong upward momentum. Immediate strong support was found again near 116K.
It seems that the market has set a new low for BTC around this area for now. I think that as long as BTC stays above this area, there is a good chance that the increasing volume and buyers will increase further pushing BTC further, as shown in the chart, to 120,600; 122,400; 125,000 and 127,000.
If it moves below the red zone, we should be careful as it could undergo a major correction before taking a clear direction.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
TradeCityPro | Bitcoin Daily Analysis #132👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and key crypto indices. As usual, in this analysis I’ll review the futures triggers for the New York session.
📅 1-Hour timeframe
On the 1-Hour timeframe, as you can see, Bitcoin is still holding the key support at 116829 and has been ranging between 116829 and 118440 since yesterday.
✨ Today, if the 118440 level breaks, we can open a solid long position. However, I still believe that due to Bitcoin Dominance being in a downtrend, altcoins are a much better choice for opening positions.
✔️ If you're only planning to trade Bitcoin, this trigger is suitable. The next entry points would be 120594 and 122733. If we open positions at all three triggers and the market moves upward, we can get strong risk-to-reward setups since we’ve entered with significant volume across three positions.
📊 If the 116829 level breaks downward, we might see sharper corrections. In that case, the next supports will be the 0.5 and 0.618 Fibonacci levels.
👑 BTC.D Analysis
Looking at Bitcoin Dominance, as you can see, the trend is heavily bearish and moving downward.
⭐ The downtrend in dominance is quite steep, and the next support we have is at 60.49. There’s still room for dominance to drop to this level.
📅 Total2 Analysis
Moving to Total2, yesterday the 1.46 trigger was activated and price moved to 1.5, and it is now sitting just below that level.
💫 If this level breaks, another bullish wave towards 1.62 could form.
📅 USDT.D Analysis
Looking at Tether Dominance, this index is also in a downtrend similar to Bitcoin Dominance, which shows that money is exiting both Bitcoin and Tether and entering altcoins.
🎲 So keep a close eye on altcoins in the coming days, because a lot of capital is flowing into them and they could see significant pumps.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.