Technical analysis by The_ForexX_Mindset about Symbol BTC: Buy recommendation (2/8/2025)

Now, take a look at the star-like pattern formed by the intersecting lines (trend lines, resistance, and support levels). This is more than just a random drawing—it’s actually quite unique and meaningful.Convergence of Trend Lines:The star shape is formed where multiple trend lines intersect. This convergence represents a critical area where the market could make a decisive move—either a breakout (upward) or a breakdown (downward).It’s like all the forces in the market are coming together at this point, creating pressure. Think of it like a spring being compressed—it’s ready to explode in one direction.Central Point of Action:The center of the star (near the Bear Zone boundary) is a high-tension area. When price approaches this point, it’s likely to react strongly—either bouncing away or breaking through.This makes it a key spot to watch for reversals or trend shifts.Balance Between Zones:The star sits between the Bull Zone (green) and the Bear Zone (red), symbolizing the battle between buyers and sellers. This makes it a pivot point, where the market can decide its next major trend.These zones help visualize sentiment changes in the market based on price movement. The Bull Zone indicates a potential area of upward price movement, where buyers dominate. The Bear Zone, on the other hand, reflects selling pressure and downward momentum.Breakout Peak:Above the Bull Zone, we see the Breakout Peak labeled at 110,044.37, which represents the highest point reached after a breakout.This suggests strong bullish momentum led to that point, and it could act as a potential resistance level if the price revisits it.Support and Resistance:Resistance (red dashed lines): These are key levels where upward price movement has historically been capped or slowed down.Support (green dashed lines): These levels show where price has found stability in the past, with buyers stepping in to prevent further declines.These levels are critical for identifying breakout or breakdown zones and planning entries or exits.Trend Lines and Patterns:Several trend lines are drawn on the chart, representing both short-term and long-term trends.The converging lines near the Bear Zone resemble a triangle or wedge pattern, which often precedes significant breakouts or breakdowns.The lines connect support, resistance, and price trends into one focal area, visually guiding us to key decisions.Price Levels:Key price levels are marked, such as 102,599.85, 107,284.53, and 91,711.17.For example, 102,599.85 and 107,284.53 are interim resistance levels within the Bull Zone, where price action may slow or reverse.91,711.17 and 80,080.43, on the other hand, are below the Bear Zone, acting as potential downside targets if bearish momentum strengthens.Wizard Illustration:The wizard on the chart represents the "magic" or unpredictability of the market. It reminds us that while price action may seem random, tools like trend lines, zones, and support/resistance levels help us make sense of the chaos and plan accordingly.Market Sentiment and Multi-Timeframe Analysis:The chart divides sentiment into Bull and Bear Zones, balancing the analysis between breakout potential and retracement risks.Judging by the clarity of the levels and zones, this is likely a higher timeframe view (e.g., weekly or biweekly), making it ideal for analyzing macro trends or planning swing trades.Summary:This chart serves as a roadmap for trading decisions:Focus on the Breakout Peak as a critical resistance level.Monitor how the price behaves near the Bull Zone and Bear Zone boundaries to anticipate market sentiment shifts.Use the star pattern as a focal point for high-tension moves and breakout/breakdown signals.Pay attention to the drawn support and resistance levels and their impact on future price movement.In short, the chart ties everything together—zones, levels, patterns, and sentiment—to provide a detailed strategy for navigating the market while at the same time, institutions are the money movers who control the price movement.Here are the next two targets, and I recommend focusing on a short trade for now. Smart Money is well aware that many traders are buying high and going long—and what do they do? They drive the price down to trap them. While a long position is possible, it’s best to wait until prices are reevaluated around 106K. Below that level, take the opportunity to profit, but don’t rush into longs just yet. The $96,030 target I mentioned last night has already been reached. As of now, it’s unlikely prices will drop as low as $95,345, since the ATR has been updated. The next targets are $97,455 and $100,267—but remember, you must sell at these levels to secure profits. Don’t get caught holding too long.Same idea like this one, but it doesn’t necessarily mean the price is heading down. These movements are just pips factored into the ATR, giving a clearer picture of volatility rather than direction.I’ve called out some short trades, but my risk analyzer shows significant bull momentum on the 15- and 30-minute timeframes. This indicates that if prices dip lower, it’s likely just another pullback—potentially a bear trap. Despite this, there’s still enough momentum to hit the two targets I previously mentioned. Now, was the bull I talked about yesterday a mistake? Not at all. It’s still in play and pending release. The higher timeframes I’ve highlighted before, along with liquidity-based analytics, point to a promising bull run shaping up in the near future. It’s all about patience and letting the setup unfold.The short position at $95,345 could still be in play. This consolidation phase might be setting up for a bear trap, but it’s not a major concern. The bull is still pending, as expected, and while bulls often emerge after a price drop, that’s not always the case. Patience remains key.Remember about the next 2 targets $97,455 and $100,267Whenever I spot a whale-coded candle, it signals a dump is underway. I’ll provide updates during my day hours.I now have a buy signal on my 4-hour timeframe.Traders, listen up! In just over a week, if everything aligns, we’re looking at the potential for a massive bull run. Make no mistake—if USDT.D continues to display the behavior I’m seeing right now, it’s all but confirmed. Here’s the plan: I’ll create an idea to illustrate the historical patterns and how they’re setting up for what’s about to unfold. I’ll also make this idea actionable by copying it directly onto the chart so everyone can see it in real time. However, if the setup progresses sooner than expected, we won’t need to wait the full week to see the shift—it’ll be evident much earlier. What’s even more exciting is that my best idea will include a bull run date—something I haven’t done in a while. And let me be clear, this isn’t just a bull run on a daily timeframe; this is a two-week timeframe bull that’s already in the process of printing, hot off the press. It’s going to be big. Stay tuned. I can’t confidently say Bitcoin will continue to fall like many believe. First, let’s focus on the small bull run that’s currently unfolding. But don’t be fooled—this bull run is designed to entice retail traders. You need to exit with a short trade because the price is likely to drop, shaking out traders, before the real monster bull run is unleashed.Attention traders—Bitcoin and ETH are gearing up for a move that will leave us all stunned. The kind of move we love—the millions-of-dollars kind— the buying whale power. The manipulators are skillfully orchestrating deceptive price movements, luring us into believing one thing while planning another. But here’s the kicker—the hidden stories written in the wicks reveal the truth. These signals are quietly building toward an explosive move that will send shockwaves through the crypto market.Traders—whatever you do, think twice about your exits. As I’ve mentioned, the type of massive drop unfolding with USDT.D within the next 7 days—or even sooner—demands your attention. Today, after analyzing the wick behavior on the daily timeframe, USDT.D is signaling a significant drop of 4.19%. Currently sitting at 4.56%, this initial 4.19% drop is just the starting point—the kicker before the real move unfolds. Here’s the critical part: USDT.D always falls farther below the trendline, and based on my wick analysis, it aligns perfectly with this behavior. This is no random observation. This is a result of deep study, meticulously combining body facts and wick dynamics to uncover the real story behind the charts. Be prepared. This isn’t just any drop—it’s a calculated setup that will move well beyond expectations. Don’t miss it. For those unfamiliar with USDT.D, here’s what you need to know: USDT.D represents the dominance of Tether (USDT) in the crypto market. When it drops, it means that traders and investors are moving their money out of stablecoins like Tether and back into cryptocurrencies like Bitcoin and Ethereum. A drop in USDT.D signals that confidence is returning to the market, and traders are looking to take on more risk by buying crypto. This often leads to a “crypto rocket launch”—a strong rally in the prices of major cryptocurrencies and altcoins. Essentially, as USDT.D dominance falls, crypto prices tend to surge. It’s a key indicator for understanding market sentiment and predicting major upward moves in the crypto market.Fear is being deeply planted in the market, and here’s how we know many traders have sold at a loss—because the bull I’ve been watching is growing stronger, more muscular with every move. My analysis, which mirrors the mechanics of liquidity, is showing signs of recharging. The market is setting up for something big, fueled by those who have already exited too early.Alright, here’s the good news—while so many have proclaimed Bitcoin as bearish, it’s time to dig deeper and reveal what the CCI on the 2-week timeframe has uncovered. There’s a CCI divergence, and the big question is: Bearish or bullish? Let’s break it down together. While Bitcoin’s recent price action has been bearish, my analysis leans toward the bullish side, and here’s why. Looking at the price structure, we see a low followed by a higher low, but here’s the twist—on the CCI, it’s showing a low followed by a lower low. What does this tell us? At first glance, it might look like a bearish divergence, but it’s not! What we have here is a hidden bullish divergence, a powerful signal that momentum is shifting upward beneath the surface. So, what’s the next move? It’s simple: Bullish. Bitcoin is gearing up to defy the skeptics and create absolute chaos across the globe with an astonishing upside move. The whales have already made their play, shifting gears, and now it’s time for the market to roll the clip to the upside. This isn’t just another rally—it’s a moment many won’t see coming. While others leaned heavily into the bearish narrative, the signals are clear: Bitcoin’s about to shock the world. Get ready, because this isn’t just a move; it’s a statement.🚨 Attention Traders – The Greatest Deception is Unfolding 🚨 As you all must know, the coming weeks and months are hiding secrets that few are prepared for. Could this be Bitcoin’s final pump to a new all-time high (ATH)? Yes, we will see another massive run. Let’s assume we are in Wave 5—the grand finale of this market cycle. Altcoins will have their moment, but before you get too comfortable, heed my warning: 🔻 A Market Crash Unlike Any Before is Coming 🔻 A storm is brewing—one so devastating that it will rival, if not surpass, the Great Depression. This isn’t just another correction. This is a bloodbath, an extinction event for retail traders. Has anyone warned you about this? Of course not. Most are too caught up in the hype, blind to the setup unfolding before their eyes. But those who follow this channel will be warned before it’s too late. 🚀 First Comes the Pump – The Final Trap 🚀 Before the collapse, the market will explode upwards, especially for altcoins. The gains will be insane, pulling in the last wave of retail money. Everyone will believe we are entering a new era of unstoppable growth. 📈 The media will push the narrative. 📈 Analysts will call for Bitcoin 200K+. 📈 Every chart will scream “bullish.” But this is where the true horror begins. 🩸 The Final Deception – The Greatest Smart Money Trick 🩸 When the crash is near, the majority won’t listen. Why? Because the market will look too bullish to fail. I will be mocked. I will be ridiculed. But mark my words—when the time comes, smart money will pull the rug so fast, it will leave retail traders in shock. Retail investors will mortgage homes, throw in rent money, and even sell property—believing they are securing generational wealth. But smart money knows exactly where you bought in. They will never let you exit with profits. Instead, they will bleed the market slowly, draining every last bit of liquidity before the final collapse. 📉 Prices won’t just dip—they will vanish. 📉 Portfolios will turn to dust overnight. 📉 Panic will spread like wildfire. By the time the masses realize what’s happening, it will be too late. 🔥 Final Warning: Get Ready. The Setup is Almost Complete. 🔥 For those who are paying attention—you will be prepared. For those who ignore the signs? History will not be kind.