BTCUSD (BITCOIN) Selling From key resistance 111.700BTCUSD BREAKOUT ALERT
BTCUSD has recently broken out from the ascending channel and is currently experiencing strong selling pressure after hitting the key resistance level at $111,700.
🔻 Technical Targets 🔻
1st Target: $105,400
2nd Target: $101,600
📊 Time Frame: 4-Hour
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BTCUSD trade ideas
BTCUSD testing ascending channel Fundamental:
Bitcoin reels from geopolitical shockwaves as markets brace for an escalation of Middle East tensions.
Meanwhile, spot bitcoin ETFs saw outflows exceeding 200 mln USD, reflecting weaker institutional appetite.
With global markets faltering, volatility remaining elevated, and sentiment fragile, risk assets like bitcoin face renewed pressure.
Technical:
BTCUSD retreated below the ascending channel's upper bound and is currently testing the channel's lower bound and Ichimoku Cloud. If BTCUSD breaks the channel's lower bound and psychological level at 100000, the price could extend its decline to the following support at 92500. Conversely, a rebound from the channel's lower bound and break above the resistance at 11200 could prompt a further rise toward the channel's resistance and Fibonacci Confluence levels near 120000.
$BTC Post Market update - Bearish MenaceHello Fellow Gamblers,
In this video I talk about our current bullish scenario and bring back the bearish scenario that I shared with you a few days ago since they are both still at play.
- We need the 4h to close above 104k and to reject the trendline for the bullish scenario to play out. A close below 104k will take us to a really dangerous zone at that 101k and increase the chances for the bearish scenario to playout.
- Levels to watch: 110.5k, 106.8k, 104.3k, 101k.
BTC - No champange toast Well, that was unfortunate. BTC too the very beating that was forecasted. Demonstrating the power of the combined methods that I use. Murrey Math, Elliot Wave, and K wave ( Kumar Wave ) We have a small chance, in the low single digits to recover from this. But the Lions share of probability remains with the Re test down toward $84k. I will update more later. That chart is in my profile. Good luck.
BTCETH parabolic run pointing towards 100:1Historically, during bull markets, Ethereum frequently surpassed Bitcoin at various moments.
However, this time around, that trend has not materialised, leading to a decline in investor confidence.
With capital exiting the ETH market, sentiment has soured, and critical indicators are revealing significant losses.
Unless a robust bullish turnaround occurs, Ethereum's struggle may persist, as the market currently favors Bitcoin as the more secure option.
However once this parabola breaks, we could see a strong snap back reaction in favour of the more riskier #ALTS, #DEFI and #MEMES as #ETH is still the home for stablecoin issuance and still the most trusted secure smart contract blockchain available.
BTC NEXT TARGET BUY 110K MORE Bitcoin Alert! 🚨
BTC is showing strong momentum and the market is heating up! 🔥
Current levels present a strategic buy opportunity before the next big move.
📈 Targeting $110K–$115K in the coming wave — and the breakout could be explosive.
💰 Accumulate now before the FOMO kicks in.
📊 Smart traders are already positioning.
⏳ Time is limited — don’t watch from the sidelines.
This could be the move that defines the next phase of the bull run.
Stay ahead. Stay informed. Stay invested. 🧠🚀
#Bitcoin #BTC #CryptoAlert #BullRun #CryptoNews #BitcoinTarget #BTCNextMove #CryptoTradin
Bitcoin double top?It looks like we might be seeing a double top formation, and with lower lows and reduced trading volumes, the positive momentum is running out. The yellow line at the top represents my sell line and is based on a long-term trend dating back to 2015. This line accurately predicted the recent all-time high (ATH) within $50. Although Bitcoin can break through this line, it often doesn’t hold for long.
If the price does break through, the next ATH could be approximately 113700 USD. However, that could mean only small returns with the risk of a pullback to $40k. I’m a BTC bull, but you need to consider having more liquidity during the correction.
The news surrounding Bitcoin is very positive, yet it isn't reacting with enough momentum to reach the values suggested by bullish analysts. Many retail investors are currently focused on paying for living expenses rather than investing. In my opinion, the bull cycle may be nearing its end. The recent head and shoulders pattern that broke to the downside is concerning, although it was somewhat saved by institutions buying more.
This trend could continue, but it's important to note that miners are selling, which is another indicator of a market top, and the Net Unrealized Profit/Loss (NUPL) is high.
Bitcoin 4 hr. corrective wave 4 might be done!1). Huge Volume! 2). Banks are Buying! 3). Bonds are up! 4). Dollar weakness!
3 days ago
Note
1). Banks bought it up to $125K as revealed on our gold-colored indicator. 2). There's a lot of upward thrust on the first 5 wave Sequence, which typically indicates a forecast of huge gains! 3). Often, the first sequence repeats the rhythm of the move! 4). Also, Trump said "BUY", since that's what he's etc. likely doing, and the more liquidity the better!
BTC USDT PLAN I favor a short-term pullback unless BTC can reclaim and close above the $111K–112K zone with strong volume.
If price breaks below $106K and confirms it as resistance, it could accelerate a move toward $100K and below.
Caution is warranted for bulls — this looks more like a distribution phase near the highs than a breakout.
₿ Bitcoin: Further Upside ExpectedBitcoin (BTC) pulled back slightly in yesterday’s session but remains on track to continue its corrective rally within green wave B. In line with our primary scenario, this advance is expected to reach the blue Target Zone between $117,553 and $130,891. Afterward, we anticipate the onset of wave C, which should initiate a substantial decline—driving the price down into the lower blue zone between $62,395 and $51,323. This is also where we expect orange wave a to conclude. From there, wave b should provide a temporary rebound before wave c resumes the broader downtrend, ultimately completing blue wave (ii). That said, there’s still a 30% probability that blue wave alt.(i) has not yet topped. In this alternative scenario, BTC would extend higher, potentially breaking above resistance at $130,891 before the corrective phase resumes. The daily chart illustrates the entire five-wave blue sequence and shows our expected low for wave (ii) within the blue zone between $37,623 and $26,082.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
$BTC (Bitcoin) update - June 11, 2025In this video I go into our ABC correction theory for a W2 pull back on BTC. I also take a quick look at CRYPTOCAP:ETH , CRYPTOCAP:XRP and CRYPTOCAP:ADA just to see where the rest of the market is at.
- ABC correction theory is still at play, but I wouldn't recommend shorting as a possible accumulation could be happening.
- Levels to watch: 110.8k, 108.5k, 106.8k, 104.9k.