Bitcoin - 50% crash is starting! (2017 trendline, huge warning)Bitcoin is in the final stage of the bullish cycle, and we want to look for the best price to sell and prepare for the 2025/2026 bear market! The best price to sell Bitcoin is at the 1.618 FIB extension or at the main long-term 2017-2021-2025 trendline. This is exactly at 122,069, as we can see on the chart. And 2 weeks ago, Bitcoin hit both the Fibonacci level and trendline! So this is a strong sell signal.
Buying Bitcoin at the tipity top of a bullish cycle is not the best idea, because we will see 60,000 USD per Bitcoin in 2026! From the Elliott Wave perspective, there is probably only 1 high-probability scenario, and it's this ending diagonal pattern (rising wedge). I think we will see a final 2 waves on Bitcoin to form an ending diagonal wedge pattern (1-2-3-4-5). Bitcoin just finished wave 5 and is starting a brand new corrective pattern.
But you can be more conservative and wait for more confirmations, such as a break of the 50-week moving average. Waiting for such confirmations in general gives us a higher chance of success but a lower risk-to-reward ratio; in other words, you can't catch the top. I always recommend using simple moving averages with 20, 50, 100, and 200 periods because this is what the big players are using as well. These MAs are very popular among giant institutions, banks, and investors.
What's more, Bitcoin seasonality is telling us that August and September are the most bearish months for Bitcoin statistically. So you probably want to sell before a sell-off kicks in.
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BTCUSD.P trade ideas
Bitcoin: 113K Support Bounce Buy Signal.Bitcoin has retraced thanks mostly to "unexpected" revisions to labor market statistics. While this move has many making outrageous forecasts, price has simply retraced to the 113K support levels and has generated a swing trade long signal (break of 114K). IF the momentum stays intact, it is within reason to anticipate a test of the low 120K's while a more aggressive expectations would be a break out into the 130K's. Keep in mind if 123K is broken, even by a small amount, that would confirm the current movement as the wave 5 of 5 which means it becomes the most vulnerable to a broader correction.
This NFP report and BLS situation is the perfect example of a catalyst that NO ONE in the financial "expert" space saw coming. Even Chairman Powell on Wednesday was pointing out how stable employment growth has been and emphasized the importance of this statistic for their rate decisions. Which means the Federal Reserve is making decisions based on totally inaccurate data. Which also means the entire market has been priced completely wrong for months. My point is, "official" information that you may be basing your investments on can be totally inaccurate and can be revealed out of nowhere. This risk alone puts every investor at the mercy of the market and why it is so important to recognize the limitations of ANY market information through the lens of RISK management.
I have been writing about a potential bullish range breakout beyond 120K for a test of the 130s OR if the range support breaks instead, to watch for a test of the key support at 113K. There is NO way to know which way the market will choose in advance, it all depends on the outcomes of specific events which act as catalysts for one scenario or the other.
This is why being knowledgeable about wave counts and other forecasting techniques can be very helpful in terms of gauging risk and potential. And based on this, AS LONG AS the 108K area is NOT overlapped, the current price structure is still within the boundaries of a bullish sub wave 4. This is why I am still short term bullish on Bitcoin and why I believe the current buy signal has potential to test at least the low 120's in the coming weeks. IF the 108K area is broken instead, that reduce the chances of a short term bullish break out, and may be the proof that the broader Wave 5 structure is complete.
The risk at this point can be measure from the 112K low area and nearest profit objective 118K which offers an attractive reward/risk. Measure everything from RISK first, and always be prepared to be wrong. If the market pays, consider it a gift.
Thank you for considering my analysis and perspective.
BTCUSD – Is the Correction Over? Key Support Holding so FarLast week was a red one for Bitcoin, with price declining day after day, and losses accelerating into Thursday and Friday.
However, yesterday’s low around 112K landed perfectly at a strong confluence support: a key horizontal level aligned with the ascending trendline from April.
Despite the drop, the broader structure remains firmly bullish. So far, this move looks like a normal correction within an uptrend — nothing more.
Looking ahead, I expect a reversal from this support. If bulls can reclaim the 117.5K–118K zone, the path toward a new all-time high opens up again.
🔍 Bias: Bullish
🎯 I consider this current level a good swing trade opportunity, with at least a 1:2 risk–reward potential.
BITCOIN- Charging Towards 122k Momentum Building BTC/USD Long Setup – Targeting 122K 🔥
Bitcoin is holding strong above 118500, signaling bullish momentum.
✅ Price broke key resistance & forming higher lows.
🟢 Current structure favors buy-side continuation with next major target at 122000.
Support Zones:
🔹 117800 – intraday bullish retest
🔹 116500 – strong demand zone
Resistance Ahead:
🔸 120200 – short-term reaction
🔸 122000 – major target
🚀 Expecting bullish wave continuation.
If momentum sustains above 118K, 122K breakout highly probable!
#BTC #Bitcoin #CryptoSetup #BTCUSD #CryptoTrading #BTC122K #ChartAnalysis #BullishBreakout
BTC/USD Daily Outlook: Support & Target Levels IdentifiedBitcoin (BTC/USD) Daily Chart Analysis:
Price is currently at $117,758.70, showing a slight decline. Key support levels are marked at $114,785.88 and $107,576.12, while targets are projected near $129,584.15 and $129,692.48. Chart suggests a possible upward channel, with both bullish and bearish scenarios mapped.
BITCOIN Will Go Lower! Sell!
Please, check our technical outlook for BITCOIN.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 113,260.21.
The above observations make me that the market will inevitably achieve 107,826.27 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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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BTCUSD Short Setup – 4H Bitcoin has broken below a key dynamic support zone, and current price action signals a potential continuation to the downside. This short entry is supported by multiple technical confluences:
🔻 Bearish Confluences:
Fibonacci Retracement Rejection: Price rejected the 61.8% Fib retracement zone near $114,978, confirming a potential local top.
Trend Structure: Clear lower high, lower low structure forming on 4H – momentum favors sellers.
EMA Cloud Pressure: Price is decisively below the multi-band EMA cloud, showing sustained bearish pressure and trend bias.
Volume Profile Gap: Price is entering a low-volume node between $113.8k and $112k, increasing likelihood of a sharp move down.
Bearish Candlestick Pattern: A strong bearish engulfing candle formed after the retracement – a classic reversal confirmation.
🎯 Fibonacci-Based Targets:
TP1 – $11205 (38.2%): Initial demand zone and minor support.
TP2 – $11024 (61.8%): Mid-extension level, aligns with prior consolidation.
TP3 – $10731 (100%): Full measured move target if the downtrend accelerates.
SL: Placed just above the recent swing high at $11678, protecting against false breakouts.
Chart Analysis (2h Timeframe)✅ Chart Analysis (2h Timeframe)
MY using Ichimoku Cloud, support/resistance zones, and trend lines.
Price is currently around 118,319 USD.
It has broken out of the Ichimoku cloud and is respecting the trendline support, indicating bullish momentum.
---
🎯 Upside Target Levels
🔵 Target 1:
Level: ~120,000 USD
Reason: Horizontal resistance (clearly marked)
Action: Minor profit-taking or partial exit
🔵 Target 2 (Main):
Level: ~122,000 USD
Reason: Second resistance zone & projected move from breakout
Action: Ideal full target zone
---
🔻 Support & Invalidations
🟡 Immediate Support Zone:
Levels:
118,404
118,296
118,065
These are dynamic Ichimoku & short-term support levels
BTC #This 15-minute chart of Bitcoin/USD shows a symmetrical triThis 15-minute chart of Bitcoin/USD shows a symmetrical triangle breakout pattern. Price recently broke above the upper red trendline resistance, suggesting bullish momentum.
Key highlights:
Breakout candle is strong and closes above the resistance zone (~$119,000).
Next potential target is near the upper grey supply zone (~$119,500), based on the triangle’s height.
Support zones below are marked around $118,400 and $118,000.
This breakout indicates a possible continuation to the upside, provided the breakout holds. Watch for retests and volume confirmation.
Bitcoin Still Consolidating For Wave 5 RallyBitcoin sub wave 4 consolidation continues to persist. While there was a failed break out over the previous week, it has not changed the bullish impulse at all. The current structure implies that there is a higher probability that one more leg higher (sub wave 5) is likely. It could be the coming week or next, it is all a function of catalyst. Keep in mind this consolidation can test as low at 113K and still be within the criteria of a wave 4. There are numerous opportunities in this situation when it comes to day trade and swing trade longs.
The break out: IF price pushes beyond 120K with conviction (large sustained candle on this time frame) that would be a swing trade long signal. IF there is no instant pullback (fake out), this can be the momentum required to test the 130Ks. Keep in mind, there is an inflection point in the 133K area which serves as a profit objective to measure from. Price can potentially go beyond that point, but participating in that is all about waiting and watching how price behaves. There is NO way to know how this will play out in advance. You have to adjust as new information becomes available.
The retest: if price pulls back into the 116K to 113K area and establishes a reversal on this time frame (or on adjacent time frames like 4H). This can appear in numerous ways: pin bar, engulfing candle, inverse head and shoulders, etc. This scenario would offer greater potential especially if the break out occurred soon after (high probability). IF the 113K level breaks instead, it will put the impulse structure into question. Meaning the probability of a wave 5 to follow will become lower.
This environment in my opinion is not easy to navigate for traders. People who bought into the alt coin weakness months ago are now getting paid and enjoying "alt season", which is great but not good if you are looking to buy something now with a longer time horizon in mind. Wave 5's often signal a corrective move is likely to follow and Bitcoin is potentially completing a very large magnitude Wave 5. I have been pointing this out for months. Most investors will ignore this because they will be biased by greed. The wise this to do is lock in profits along the way at inflection points such as whole numbers, price proportions (like 133K) and/or clear candle reversal signals after significant moves.
Thank you for considering my analysis and perspective.
Strategy: “Breakout Bounce” – Buy the Retest, Ride the WaveHello Traders! BTC has broken out above $118K–$120K after a strong uptrend. Now it’s pausing, and a short-term pullback looks likely. Instead of buying the top, we wait for the price to retest previous resistance (around $112K–$114K), which could turn into support.
MY PLAN:
Wait for pullback to $112K–$114K zone.
Look for a bullish candle (daily or 4H) to confirm entry.
Target: $122K short-term or trail stop if trend continues.
Stop loss: Below $108K to manage risk.
Tip: Don’t chase. Be patient, follow the setup, and use proper risk management.
Please leave a comment and don't forget to support a fellow trader! Also, you can leave in the comments your target and plan ideas!
Have a great day y'all!
-Neo
Potential Roadmap for BTC/USD In the next 30-40 daysVolatility incoming. It seems like BTC/USD is heading down to sweep some liquidity range at around 107-110,000.
However, market will recover after that, we are still in the "buy the dip" scenario.
End of August, I can personally still bet that BTC will sit higher than the current level
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Bitcoin will rebound up from support area to resistance lineHello traders, I want share with you my opinion about Bitcoin. After a strong upward trend that originated from the buyer zone and evolved through an upward wedge, bitcoin executed a decisive breakout, shifting the market into a new, higher-value market phase. This powerful move has since led to an extended period of wide consolidation within a well-defined horizontal channel, a classic sign of the market pausing to absorb the prior impulse and build cause for its next major leg. Currently, the asset's price action is rotating within this structure, defined by a key support area around 116500 and an upper resistance line. Having been rejected from the top, the price is now completing another downward correction and is approaching the channel's foundational support for a crucial test. The primary working hypothesis is a long scenario, predicated on the proven resilience of this support level. A confirmed upward rebound from this 116500 zone would signal that the accumulation within the channel is continuing and likely to resolve upwards. Therefore, the tp is logically and strategically placed at 122300, as this level not only coincides perfectly with the channel's upper resistance line but also represents the completion of the internal rotation, setting the stage for a potential continuation of the larger uptrend. Please share this idea with your friends and click Boost 🚀
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Bitcoin’s Bull Run: Is There Still Fuel in the Tank?Bitcoin has had an impressive year, breaking out of a downward channel and launching into a strong upward rally as we saw in the previous idea .
But now, price action is slowing, and many are asking: Is the bull run over or just taking a breather?
Let’s look at what the chart tells us.
📈 A Classic Bull Flag in the Making
After the breakout, BTC seems to be forming another channel or what traders often call a bull flag . This is typically a bullish continuation pattern , meaning that after a short consolidation, price may break upward again.
But that’s the technical side. What about the big picture?
🔁 Bitcoin Cycles: History Rhymes
In the chart below the price, we see a comparison of Bitcoin’s last two cycles (shown in red and orange). Interestingly, both of those cycles point to end between September and November this year.
If history repeats, or at least rhymes, the current cycle could follow the same timeline. That gives us a few more months of potential upside before this bull run starts cooling off.
Note that the first cycle peaked faster, but also had a mini bull momentum in the same zone where the next cycles peaked.
⚠️ Still Bullish, But Watch Your Step
Even though we’re near all-time highs and price is showing signs of slowing, there may still be room for growth. However, the risk is increasing, so this is a time to stay bullish but with extra caution.
A key level to watch is marked in red on the chart. Falling below it could mean the bull momentum is fading. The reason is quite simple, a bull rally can't trade inside prices of previous consolidation phases because that means lateral or bear momentum.
🧠 Final Thoughts
Bitcoin has a history of repeating patterns, and right now, we seem to be tracking closely to previous cycles. With a potential breakout forming and a few months left on the clock, there could still be opportunities ahead.
But don’t forget: every cycle ends. Stay alert, manage risk, and don’t chase green candles blindly.
💬 Does this setup align with your view on BITSTAMP:BTCUSD ?
🚀 Hit the rocket if this helped you spot the opportunity and follow for more clean, educational trade ideas!