Bitcoinโs Cup & Handle Brewing โ $150K in Sight???โ
Cup Formation
Left rim near $111K
Rounded bottom down to ~$75K
Full recovery back to $112K
Volume declined into the bottom and rose on the right side โ textbook structure
โ
Handle Formation
Shallow pullback from $112K to ~$102K
Occurring above prior resistance, now acting as support
Forming a clean downward-sloping channel with declining volume โ ideal pre-breakout setup
๐ฏ Measured Move Target
Cup depth: ~$36K
Breakout above $111K projects toward $135Kโ$150K
๐ง Confirmation Triggers
Break and daily close above $112K
Volume spike above 20-day average
Stochastic RSI turning upward from oversold range
โ ๏ธ Breakdown Note
Pattern remains valid as long as BTC holds above ~$93K (50% of the cup depth).
The handle may extend lower within the channel before breakout.
โ๏ธ TIME FRAME
If no breakout by August then Im probably wrong ๐
BTCUSD trade ideas
Range Bound Before BreakoutDaily: Nice hold on the reversal candle @50 EMA, 103k Support and strong FVG.
Nice volume to support this move when the drop was somewhat due to the attacks involving Israel and Iran.
-We are seeing a slightly lower high and a rejection from that 110 lvl. But as I said on the weekly, w/o a catalyst I think weโll continue to bounce within the 100-110 range for a bit longer.
Bitcoin - We have to see new highs now!Bitcoin - CRYPTO:BTCUSD - is now at the previous highs:
(click chart above to see the in depth analysis๐๐ป)
It could really not be more exciting on Bitcoin at the moment. With the current "all or nothing" potential breakout or double top creation, we will either see a bullrun or a bear market. So far, bulls are still strong, so the chances of a breakout luckily remain higher.
Levels to watch: $100.000
Keep your long term vision!
Philip (BasicTrading)
BTC/USDI've been calling for a crash for a while.
The closer to the top you are, the more hatred that you'll get for calling one.
It's a difficult position being contrary to the crowd. I think that's why Peter denied Jesus.
In any case, positive sentiment must end and as overdue as it is, I'm expecting a bang, after a final wave of FOMO.
106.5K and 104.5KMorning folks,
As we've suggested upward action happened. Now overall situation stands relatively easy to understand. 100K seems like short-term vital area for upside tendency. While two support levels of 106.5K and 104.5K are those which market has to hold to keep tendency intact.
I would even prefer 106.5K area because this is also natural support line and because it agrees with downside AB-CD 1.618 extension target.
BTCUSD CRACKing Everywhere!As I have been warning for a while now. See previous post.
I first warned to wait for the CRACK!
Then we got the 2nd CRACK!, very normal.
Then a nice M pattern with a lower high.
Then another CRACK!
And now a right Shoulder.
MAGIC!
Now we wait for the H&S to break down.
Click boost, follow, and subscribe for more. Let's get to 5,000 followers. ))
BTC July/August Top3 Drives Pattern (Mar 2024, Jan 2025)
Last Drive in July/August but leaning towards July
June 19th - 22nd for potential impulse
June 27th/28th for a local top into Early July Bottom | if Price is Bearish into these dates then Local Bottom
July 17th to 24th for Summer Top
Aug 3rd to 11th for a potential Local Bottom
Expected Top is 120k and up (Can be seen on Fibs) | 135k would be ideal
BITCOIN Is 'Bullish June Seasonality' about to kick-in?Bitcoin (BTCUSD) has started June on a very promising note, recovering most of last week's losses and is potentially headed for a new All Time High (ATH). This however, should be no surprise as BTC has exhibited amazing strength during the month of June and onwards since 2013.
As this chart shows, the market has historically rallied on June, in fact it is the month that kick-started Bitcoin's final rallies towards the Top on its last three Cycles.
Based on the 2W RSI, which is ranging within the 0.236 - 0.618 Fibonacci levels, we can argue that the price action is closer to June 2017 than other Cycles. As to how high it can get to, we've analyzed that on other studies, the current analysis only serves to show you that historically we are set for a strong 'Bullish June Seasonality' effect.
Do you agree that this is about to kick-in? Feel free to let us know in the comments section below!
-------------------------------------------------------------------------------
** Please LIKE ๐, FOLLOW โ
, SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ
๐ ๐ ๐ ๐ ๐ ๐
BTCUSD UP Trend buy strong from key support ๐ #BTCUSD Update (4H Time Frame)
Bitcoin is maintaining a strong bullish trend, bouncing confidently from the key support zone at $105,000. Momentum is building as buyers step in aggressively.
๐ Technical Targets:
๐ฏ 1st Target: $110,000
๐ฏ 2nd Target (Major Resistance): $111,900
Price action is showing strength โ watch for consolidation or a breakout near resistance.
๐ Like, Follow & Drop a Comment ๐ฌ
Join us for more real-time updates, analysis & signals!
โ Livia ๐
#Crypto #Bitcoin #BTC #Trading
Weak Pullback, Bears in Control | Will the $100K Zone Hold? BTCUSD โ Weak Pullback, Bears in Control | Will the $100K Zone Hold?
๐ Macro & Fundamental Outlook
Bitcoin continues to face downside pressure after failing to hold above the key $108K resistance. Several macro factors are influencing sentiment:
๐ US bond yields are rising again, as markets expect the Fed to delay rate cuts. This adds pressure on risk assets like BTC.
๐ช Bitcoin Spot ETF inflows remain positive, but are currently not strong enough to counter short-term selling pressure.
๐ต The DXY (US Dollar Index) is recovering, as investors flee to USD amid geopolitical volatility in the Middle East.
๐ Institutional liquidity is thinning across exchanges, adding to intraday volatility.
๐ Technical Analysis โ H1 Chart
๐น Trend Structure:
BTC is now firmly in a short-term downtrend, trading below the descending trendline and all key moving averages (EMA 34, 89, 200).
Rejection from every pullback suggests that sellers are still in control.
๐น Key Price Zones:
Bearish FVG Resistance: 106,096 โ 107,004
First Support Zone: 102,821
Major Support Zone: 101,539 โ 100,419
A clean break below 100K could open the door to 98,000 and below
๐น Momentum:
RSI is neutral, hovering around the mid-40s without strong divergence signals.
Selling volume is increasing but not yet explosive โ indicating the market may be awaiting a macro catalyst.
๐ง Market Sentiment
Traders are currently in โwait-and-seeโ mode, eyeing the next round of macroeconomic data and potential Fed commentary.
Short-term profit-taking is dominant after last weekโs sharp rally.
Overall sentiment: Bearish short-term โ Neutral mid-term โ Bullish long-term
๐ฏ Trade Setup Ideas
๐ป SELL if price retests FVG and gets rejected
Entry: 106,000 โ 107,000
Stop-Loss: 107,500
Targets: 102,821 โ 101,539 โ 100,419
๐น BUY if price reacts strongly from 100,419 โ 101,500
Entry: 100,500 โ 100,800
Stop-Loss: 99,800
Targets: 102,800 โ 104,400 โ 106,000
Preference is given to selling the rally in the short term. Buying should only be considered on confirmed reversal signals at key support.
โ
Conclusion
BTCUSD is currently in a corrective phase, with bears maintaining control. The key level to watch is the $100,419 support zone, which may determine whether Bitcoin maintains its medium-term bullish structure or breaks further. Discipline and confirmation are crucial in this volatile environment.
๐ Strategy Focus: Look to sell rallies toward resistance; buy only on confirmed bounce from strong support zones.
ZONE SNIPER SETUP (BEARISH)BTC/USD Supply Zone Reaction Expected...!
Current price action is retracing toward a well defined supply zone between 107,016 and 108,576, an area of previous institutional selling. The expectation is a potential rejection from this zone, leading to a continuation of the broader downtrend.
If price taps into this supply and fails to break above, short opportunities become favorable targeting:
Intermediate support at 104,000.
Final target at 101,565, aligning with prior liquidity sweep.
Invalidation occurs on a strong close above 108,576.
#BTC/USD, #FOREX, @VeloraFXReal
BTC 4-hour cycle bullish expectationsFocus on the point around 105000. This is the Fibonacci retracement of 50%, and it is also a demand area.
Observe whether there is a reversal signal, and try to buy.
Another important observation point is around 104200. This is the Fibonacci retracement of 61.8%.