Did you know current line of rejection was 1st used in Feb 2017
The chart says it all
This is a chart I have used here iften but never zoomed out.
That line has rejected us 3 times now this cycle.
It was just once in 2017 but once Crossed, tested and held, it is a mighty line of support.
This maybe why the Bears do not want us to cross it......
But I have little doubt that Bitcoin has the ability to cross it....
There aew many reasons why we have not done so, Technical and Macro and I really am beginning to think that we will have a lazy Summer, ranging across, maybe reaching another small ATH before we really go for it in late Q3 / Q4
BUT, I could be wrong.
Just my opibion
BTCUSD trade ideas
BTCUSD Technical Outlook – Supply Zone Reaction Likely?Price has aggressively recovered from the demand zone around $101,000–$101,500, initiating a sharp bullish leg into a previously defined supply zone between $104,260–$104,787. This region also overlaps with a prior inefficiency and strong sell-off area.
📌 Key Highlights:
PDH (Previous Day High) has been swept.
Price is now entering a confluence of resistance:
🔹 Bearish order block
🔹 Supply zone
🔹 Volume imbalance filled
Clear reaction anticipated as buyers begin to slow down near $104,260–$104,787.
Lower timeframe structure suggests bullish exhaustion as we tap into this zone.
📉 Bias: Bearish
💡 Scenario: Looking for potential rejection from current levels for a move back into $103,116, with deeper downside targets near $102,600 and possibly back into the demand zone below $101,500.
Trade Setup Idea:
Entry: ~$104,260–$104,787
TP1: $103,100
TP2: $102,600
SL: Above $104,800
Invalidation: Clean break and close above $104,800 on higher timeframes.
🧠 Watch price action closely within this zone before entering. Patience will be key for precision.
Bitcoin Analysis UpdateThe price growth is currently in the form of a symmetric pattern, but without the expected and necessary volumes to continue the trend. Therefore, I must say that I am waiting for a proper correction, which will create a very good buying opportunity. Be very cautious in your trades.
Quick BITCOIN update using old Fractal chart - a small red June
Bitcoin appears to be taking a rest when it is strictly not required.
We are heading towards the 2nd dashed arrow, which as I pointed out months ago is a very possible and more realistic path for Bitcoin to take this cycle.
We have left the 2013 - 2017 Fractal and yet are likely to follow the idea of moving higher to a new ATH from this level off the Fractal.
PA entered that circle I drew back in Feb and is still in it right now, as we can see in the chart below
We can also see how PA has bounced off the 50 SMA on this daily chart.
This does NOT guarantee a continued move higher but it may offer some levels of support.
Should this fail, we do have various levels of support down to around 94K
I will refer back to a previous post and mention that to some extents, I am expecting a RED June. This does not need to be a Big candle, just 1 usd less than the open price wil create that.
104648 was the open price, so, we can easily stay above 100K and create that red candle.
Why do we want a red candle..?
Because, to put it simply, statistically, we have a better chance of continued monthly Green candles after a red june this time
I will attach the chart below so you can read about this in more detail.
This may or may not be good for ALTS>.... but I do not have many now.....just my preference
BTCUSD is entering a bear trendBitcoin recently broke the support zone between the key support level of 102,150 (which has reversed price several times since early May) and the 50% Fibonacci retracement level of the bullish impulse from last month.
The break of this support zone has accelerated the short-term positive ABC 2 correction, which started earlier from the major multi-month resistance level of 110,000
Bitcoin is likely to fall to the next support level of 98,000.00 (previously strong resistance level in February).
Head and shoulder pattern forming?! Everyone always believes that a bull run has a long way to go—until it doesn't. Having experienced these cycles multiple times, I see similarities that help in understanding them. Could Bitcoin rise from here and hit $500k or more? Of course, but it could also crash to below $40k. The key question is: how much energy is there in the market to drive it up? When the media starts publishing articles suggesting that buying just 0.1 Bitcoin could make you a fortune, it's time to consider that we might be at the top. Almost all articles predict Bitcoin will reach significant heights, but often by the end of the decade. Why would institutions load up on BTC now at its all-time high, with the exception of MicroStrategy, whose average cost is still under $70k? Many have a lot to lose and can't see the potential at this point. Bitcoin simply isn't at an attractive price for accumulating more.
The technical trend suggests that we may be nearing the end of this bull run (As I predicted it bounced off 112k). Unusually, this current bull run began before the halving, and combined technical analysis indicates we are very close to a peak. We could be forming a head-and-shoulders pattern (or not), which is a strong indicator of a top, at least in the short term. Either way, with very low trading volumes, a price close to its all-time high, and bearish patterns, if you’re not a buyer, you might consider becoming a seller. Reatil investement is also very low and many are paying for food due to the impacts of inflation, with very few people in my circles having free capital to buy BTC at these prices. Trade-safe.
Watch out for potential pullbackIn the big trend of btc in the big pattern there is a head n shoulder, then on the monthly close we get a double top failing to break its high, from the minor trend the formation of an ascending broadening wedge pattern.
I predict there is still potential to go down further
Bitcoin H4 | Bearish downtrend to extend deeper?Bitcoin (BTC/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 103,881.70 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement.
Stop loss is at 107,800.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance.
Take profit is at 97,490.00 which is a pullback support that aligns with the 78.6% Fibonacci retracement.
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BTC (Y25.P2.E6).Likely fractalHi Traders,
I'm looking at this level as a likely scenario.
Why?
Its happened x2 in the past when we made ATH.
A 12 and 14% retracement.
The liquidity is there, the incentive is there and a low like this will make people sell as to think the bull run is over.
We have our levels to trade for shorts and longs but ultimately, I think it will make its way down to here.
As per my post, this current level was a long entry and I'm in a long, however its not the response I was hoping for.
So its likely a scalp trade and hence I will be looking for a short as well.
All the best.
S.SAri
Y24, March ATH
Y21 ATH
current support, AvWap
BTC: Facing Resistance?Bitcoin recently encountered renewed selling pressure, stalling the anticipated continuation of green wave B. Under the primary scenario, this corrective upward movement should still extend into the upper blue Target Zone between $117,553 and $130,891, where the price is expected to reverse and initiate green wave C. That move should complete with a low in the lower blue Target Zone between $62,395 and $51,323, thereby finalizing orange wave a. Following a corrective advance in wave b, the larger wave (ii) should reach its conclusion. There remains a 30% probability for the alternative scenario, in which BTC pushes above the upper blue Target Zone, establishing a new high in blue wave alt.(i)— which would delay the expected pullback.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
Short trade BTC/USD to 105k A retest of a crucial support is currently underway. If the support cannot be broken expect bitcoin to retest 105,000k and then retest the crucial support once again at 103,000k. If the support is broken we will drop to a range of 99,600k to 101,600k.
Entry 103,100
TP1 104,000
TP2 105,000
SL 102,750
$BTC 2025: The road to $444,000As predicted by @JoshMandell6 on X earlier this year, this chart is an entirely theoretical exercise (a pure hopium mind-burp if you will) to explore the remote possibility that a CRYPTOCAP:BTC price of $444K might even be achievable in any scenario. I simply drew a line from the Pi Cycle top in 2017/18, to the top in March 2021 and projected on to now (June 2025). I then marked off the $444K prediction made earlier this year by @JoshMandell6 (the yellow horizontal, dashed line). I then checked prior BTC cycles to see there are any examples where BTC was able to climb this distance within 2 monthly candles. Interestingly, if you take the last 2 monthly candles from the 2017/18 cycle (before and including the topping candle), it does line up pretty well. This suggests it is theoretically possible for BTC to reach $444k by August 1st 2025 - I know this is highly unlikely of course; but interesting all the same.
For additional context to this theory: the specific post I'm referring to was made by Josh Mandell (@JoshMandell6) on X (formerly Twitter) on November 5, 2024. In this post, Mandell presented a poetic prediction stating that Bitcoin would reach $84,000 on March 14, 2025, and subsequently surge to approximately $444,000. The prediction included symbolic phrases like “three four, times a thousand,” suggesting a target price of $444,000.
Mandell's forecast gained significant attention when Bitcoin indeed closed near $84,000 on March 14, 2025, aligning with his prediction. This accuracy bolstered his reputation, especially considering his background as a former trader at Salomon Brothers and Caxton Associates. He has also been transparent about his trading activities, publicly sharing his portfolio, which reportedly grew from $2.1 million to over $22 million by March 2025.
en.bitcoinsistemi.com
For a more in-depth understanding of Mandell's prediction and its implications, you might find this video insightful: youtu.be
Bitcoin Showdown: 105K Resistance vs 104K Support BTCUSDT 1H Technical Analysis:
Bitcoin is currently trading within a descending triangle pattern, testing both lower highs and horizontal support around 104,200. Price recently rejected from the 105,200–105,500 Fibonacci zone (38.2%–50%) and is likely to retest the support at 104,200 if it fails to break above the descending trendline.
Bias remains bearish in the short term unless we get a clean breakout above 105,500, which could open the way toward 106,225.
Key Levels:
Resistance: 105,200 / 105,500
Support: 104,200
Bias: Bearish while below 105,500