BTC

looks like Bitcoin just pulled off the classic double bottom move — and it's smiling about it! 😎 This bullish chart pattern is like BTC saying, "I dipped twice… but I’m back, baby!

Hello, Skyrexians!I have been thinking what will happen next with BTCUSDT and it was obvious that correction has been started, you can easily find my recent update on Bitcoin and check it, but what will happen after. Today I decided that the first impulse has not been finessed yet and we need one more small leg up to complete this growth before significant correction.Let's take a look at the yellow Elliott waves cycle. Awesome Oscillator gave me an idea that only wave 3 has been finished above $110k. Now price is printing wave 4. Wave 4 has a target between 0.38 and 0.5 Fibonacci, but this time it will be definitely 0.38 at $101k. Here was the smaller degree wave's 4 bottom. Wave 5 will be shortened because wave 3 was extended, it's very logically. After $111k retest the major wave 2 will go to $90k approximately. Difficult times ahead for crypto, I think this period will be finished only at the end of June.Best regards,Ivan Skyrexio___________________________________________________________Please, boost this article and subscribe our page if you like analysis!

Since the second week of May, Bitcoin (BTC) has exhibited a textbook accumulation phase, with a well-defined trading range forming just below the previous all-time high. Beginning around May 12, price action became increasingly compressed, marked by a series of higher lows and relatively flat resistance, indicating growing demand and waning selling pressure. This consolidation structure persisted for more than a week, suggesting that larger players were accumulating positions in anticipation of a breakout. Now it could be making the Power of 3. Accumulation, manipulation and distribution.Accumulation, manipulation and distributionEventually, this coiled energy resolved to the upside. BTC broke through the upper boundary of the accumulation zone with increasing volume and momentum, triggering a sharp rally and leading to the formation of a new all-time high. At that point, market sentiment turned decidedly bullish, with breakout traders entering the market, expecting continuation. However, the price failed to sustain above the previous ATH for long. Despite the breakout’s initial strength, Bitcoin was unable to establish a solid foothold above the critical psychological and technical level, which has now proven to be a key inflection point.Soon after setting a new high, BTC began to reverse, shedding gains and retracing back below the former resistance level, which had temporarily acted as support. The breakdown below the $106,000 mark, previously the ceiling of the accumulation range, signaled a notable shift in market structure. What was initially viewed as a healthy continuation pattern evolved into what now appears to be a classic bull trap. This type of failed breakout often leaves market participants vulnerable, as late buyers are caught in drawdowns and early longs may be incentivized to exit positions.Given this context, the recent price action carries the hallmarks of a Power of 3, where market makers and institutions may be offloading positions to less informed participants. This phase is often mistaken for continued accumulation by retail traders due to its structural similarity; however, the key difference lies in the failure to maintain new highs and the emergence of lower highs on any attempted bounce. The rejection above the ATH and the subsequent breakdown below $106K has introduced significant overhead supply, which may act as resistance in the near term.Target levelsAs BTC continues to trade below this critical level, the likelihood of a further retracement grows. The market appears to be transitioning into a phase of redistribution or distribution proper, where price is likely to be capped on rallies and pressured lower over time. It is reasonable to expect that Bitcoin could revisit $100.000 to mid-$90,000s, an area that may serve as a magnet for liquidity and a potential staging ground for the next major move. This region could represent a "Last Point of Supply" (LPSY) within the Wyckoff framework, typically the final area where smart money distributes before initiating a more decisive markdown phase.Nevertheless, this potential pullback should not be viewed solely as a sign of weakness. In many bull cycles, such corrections and shakeouts serve to flush out over-leveraged positions and reset sentiment, ultimately laying the groundwork for renewed upward momentum. Should BTC find stability and demand re-emerge in the $95K–$100K range, it could mark the beginning of a new re-accumulation phase, leading to a healthier and more sustainable advance.ConclusionIn summary, the recent breakout above ATH followed by a sharp reversal and loss of key support paints a cautionary picture in the short term. Bitcoin may currently be navigating a distribution zone, with downside pressure likely to persist as the market digests recent gains. However, such corrections are typical in broader uptrends and often present opportunities for strategic entries once the next accumulation structure becomes clear. Patience and disciplined observation will be essential as the market defines its next directional bias.Thanks for your support.- Make sure to follow me so you don't miss out on the next analysis!- Drop a like and leave a comment!

Good morning my fellow Cryptocurrency trader, overall, the market looks great.The market looks great but never forget that nothing is set in stone, market conditions can always change.Let's consider Bitcoin for once on the short-term timeframe.The long-term timeframes are good to spot the bigger cycle; the smaller timeframes are good to know what will happen next.—Bitcoin 4H TF (Short-term)Bitcoin hit a new all-time high and was followed by a strong bearish volume session. The action went on to move below a strong resistance zone, the ath range.Now Bitcoin is trading below "local resistance" and this opens up a bearish bias short-term. When it moves back above $110,000, we can say the bulls are back in. When it trades below $106,000, we can say bearish confirmed.Here we can see Bitcoin bearish while aiming lower.If it continues dropping, 100K won't be the end. Either it recovers now, or else we will see a test of the low 90Ks.Leave a comment if you agree.Follow if you disagree.Thank you for reading.Namaste.

Scenario #1: My plan to buy Bitcoin today at the entry point $105,370, aiming for a rise to $107,600. Around $107,600, my plan to exit the buys and immediately sell on a pullback. Before buying on a breakout, ENSURE THE 50-day moving average is below the current price and the Awesome Oscillator is in the positive zone.Scenario #2: Bitcoin can also be bought from the lower boundary at $105,300 if three is no market reaction to its breakout, aiming for $106,300.Sell ScenarioScenario #1: my to sell Bitcoin today at the entry point around $105.400, my plan to exit the sales and immediately buy on a pullback. Before selling on a breakout, ensure that the 50-day moving average is above the current price and the Awesome Oscillator is in the negative zone Scenario #2: Bitcoin can also be sold from the upper boundary at $106,300 if there is no market reaction to its breakout, aiming for $105,400 and $104,400.

BTCUSDT 🔎 BTC is testing the lower trendline support on the 4H chart.📊 If it holds, we could see a quick pump. If it rejects, lower support levels are likely to come into play.💬 Watching closely for the reaction to this critical level — let’s see if the bulls step in! 👀

Hello, traders! 🤝🏻It’s hard to scroll through a crypto newsfeed without spotting a headline screaming about a “Golden Cross” forming on Bitcoin or warning of an ominous “Death Cross” approaching. But what do these classic MA signals can really mean? Are they as prophetic as they sound, or is there more nuance to the story? Let’s break it down.📈 The Basics: What Are Golden and Death Crosses?At their core, both patterns are simple moving average crossovers. They occur when two moving averages — typically the 50-day and the 200-day — cross paths on a chart.Golden Cross: When the 50-day MA crosses above the 200-day MA, signaling a potential shift from a bearish phase to a bullish trend. It's often seen as a sign of renewed strength and a long-term uptrend.Death Cross: When the 50-day MA crosses below the 200-day MA, suggesting a possible transition from bullish to bearish, hinting at extended downside pressure.📊 Why They Work (and When They Don't)In theory, the idea is simple: The 50-day MA represents shorter-term sentiment, while the 200-day MA captures longer-term momentum. When short-term price action overtakes long-term averages, it’s seen as a bullish signal (golden cross). When it drops below, it’s bearish (death cross).This highlights a key point: moving average crossover signals are inherently delayed. They’re based on historical data, so they can’t predict future price moves in real time.🔹 October 2020: Golden CrossOn the weekly BTC/USDT chart, we can clearly see a Golden Cross forming in October 2020. The 50-week MA (short-term) crossed above the 200-week MA (long-term), marking the start of Bitcoin's explosive rally from around $11,000 to its then all-time high above $60,000 in 2021. This signal aligned with growing institutional interest and the post-halving narrative, reinforcing the bull case.🔹 June 2021: Death CrossJust months after Bitcoin’s peak, a Death Cross emerged around June 2021, near the $35,000 mark. However, this was more of a lagging signal: by the time it appeared, the sharp pullback from $60K+ had already taken place. Interestingly, the market stabilized not long after, with a recovery above $50K later that year, showing that Death Cross signals aren’t always the end of the story.🔹 Mid-2022: Another Death CrossIn mid-2022, BTC formed another Death Cross during its prolonged bear market. This one aligned better with the broader trend, as price continued to slide towards $15,000, reflecting macro pressures like tightening monetary policies and the collapse of major players in the crypto space.🔹 Early 2024: Golden Cross ComebackThe most recent Golden Cross appeared in early 2024, signaling renewed bullish momentum. This crossover preceded a significant rally, pushing Bitcoin above $100,000 by mid-2025, as seen in your chart. While macro factors (like ETF approvals or regulatory clarity) also played a role, this MA signal coincided with a notable shift in sentiment.⚙️ Golden Cross ≠ Guaranteed Rally, Death Cross ≠ DoomWhile these MA crossovers are clean and appealing, they’re not foolproof. Their lagging nature means they often confirm trends rather than predict them. For example, in June 2021, the Death Cross appeared after much of the selling pressure had already played out. Conversely, in October 2020 and early 2024, the Golden Crosses aligned with genuine upward shifts.🔍 Why Care About These Signals?Because they help us contextualize market sentiment. The golden cross and death cross reflect collective trader psychology — optimism and fear. But to truly understand them, we need to combine them with volume, market structure, and macro narratives.So, are golden crosses and death crosses reliable signals, or just eye-catching headlines?Your chart tells us both stories: sometimes they work, sometimes they mislead. What’s your take? Do you use these MA signals in your trading, or do you prefer other methods? Let’s discuss below!

Entry: 110,200Current Price: 105,633After entering short at 110.2K, price action has validated the downside thesis, moving steadily toward our planned take-profit zones.Trade Management:We are scaling out incrementally at key support levels (see red dots on chart):104,979104,414104,001Final targets are staged around 103,000 and 102,595, where significant historical liquidity resides. This incremental approach allows us to secure profits while staying positioned for further downside should selling accelerate.Risk:If price reclaims the 106,800–107,000 zone on strong momentum, we will reassess the short thesis and manage exposure accordingly.Thesis:All levels are chosen based on prior demand clusters and high-volume areas. This systematic approach helps derisk the position while participating in potential continuation.This is not financial advice. Trade your own plan.

My strategy relies on a 1:1 risk-to-reward setup, so when I place a long or short position, I expect the take profit and stop loss levels to be visually accurate. However, when I zoom in or out on the chart, the scale of the long/short position tool changes—making the visual representation of the trade no longer reliable. Even if the entry point stays the same, the stop loss and take profit levels appear to shift, which defeats the purpose of using the tool for quick visual reference. This completely undermines the accuracy of a 1:1 setup on screen.

If BTC is able to reclaim 107k, the current breakdown may turn out to be a fakeout, and we could be looking at 115k.