Bitcoin at Heavy Support – Will Bulls Defend or Break Below?Bitcoin ( BINANCE:BTCUSDT ) fell as I expected in my previous idea .
The question is, can Bitcoin break the Heavy Support zone($111,980-$105,820) ?
Bitcoin is currently trading in the lower areas of the Heavy Support zone($111,980-$105,820) and near the Support lines and Cumulative Long Liquidation Leverage($107,000-$106,330) .
In terms of Elliott Wave theory , it seems that Bitcoin has completed 5 downwaves at the support lines, and we should expect upward corrective waves . The corrective waves could follow the Expanding Flat(ABC/3-3-5) .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys.
I expect that if Bitcoin is going to break the Heavy Support zone($111,980-$105,820) , it will attack the Resistance zone($110,920-$110,200) and the Resistance lines first. Do you agree with me!?
Cumulative Short Liquidation Leverage: $110,147-$109,266
CME Gap: $117,235-$113,800
Stop Loss(SL): $105,600(Worst)
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoinanalysis
BTC: This May Be Your Last Chance Before Exploding to Upside !!As you can see, after breaking the bearish wedge, the price dropped sharply. The question is, how far will this price decline continue? In my opinion, the price could remain bearish until the PRZ (Potential Reversal Zone), which is around the 104.600 level. After that, an increase in buying pressure could lead to a price rise to higher levels.
Bitcoin Monthly Candle Colour closes since 2013 - August Close
August closed RED and so now we have 10 red closes to 5 Green.
This has closed the possibility of continuing the pattern we had been following.
The Dashed line Boxes show us The only 2 occasions where we have had a Green December, Red January, Red February, Green March, Green April.
Then we had a Green May 2012 and a Red May 2020
Then both repeated a Green June, Green July.
They both also had had Green August but we just closed Red.
This breaks this sequence for me but I will keep the boxes in place for now just incase we revert back to Sequence.
The horizontal arrows are pointing to the previous 9 Red August Closes.
Where you see 2 Arrows is where this was followed by a Green September. This happened 4 times.
Note those double arrows on the left are in the 2016 build up to 2017 ATH and the ones on the right are in the Current cycle.
September Candle close count is currently is 5 Green to 9 Red, the same as August was.
Of those 5 Green September closes, 4 were after a Red August.
The other Green September was in the 2020 run up to the March 2021 ATH ( Middle dashed box)
Odds are on for a Red September as we see Bitcoin falling below some serious support levels but we should also note how PA is remaining above the 100k line for now.
August and September are traditionally months of Holidays and so trading slows, hence the majority of Red candles
Q4 is the ones to wait for and as you can see from the colour counts, Q4 is usually Bullish
We wait - we Hold and if PA Drops to the possible 104K line where the 200 day SMA sits, I will Buy More.
Scale in
Bitcoin at Make-or-Break: Will BTC Fill the CME Gap?Bitcoin ( BINANCE:BTCUSDT ) increased to $113,500 as I expected in my previous idea .
Do you think Bitcoin can fill the upper CME Gap($117,235-$113,800) !?
Bitcoin is currently moving near the Resistance zone($114,720-$113,580) , Cumulative Short Liquidation Leverage($115,000-$113,588) , Resistance lines , and Monthly Pivot Point .
In terms of Elliott Wave theory , Bitcoin’s movement over the past 2 days has been in the form of corrective waves and has had low momentum . The corrective wave structure is a Double Three Correction(WXY) .
From a Classic Technical Analysis perspective, Bitcoin appears to be completing a Rising Wedge pattern .
I expect Bitcoin to move towards Cumulative Long Liquidation Leverage($109,500-$108,000) after volatile movements over the next two days .
CME Gap: $112,870-$112,700
CME Gap: $112,155-$111,940
Stop Loss(SL): $115,510(Worst)
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin at Heavy Support Zone –Will Bulls Defend $110K or Break?Bitcoin ( BINANCE:BTCUSDT ) rose to $114,400 and even higher, as I expected in my previous idea . Of course, Powell's words also played a significant role in this increase.
Bitcoin has started to decline after the rebound and is currently trading at a Heavy Support zone($111,980-$105,820) near the Potential Reversal Zone(PRZ) , Cumulative Long Liquidation Leverage($110,157-$109,000) , 100_EMA(Daily) , and Support lines .
The question is whether Bitcoin will manage to break the Heavy Support zone($111,980-$105,820) or will it start to rise again. What do you think?
In terms of Elliott Wave theory , Bitcoin appears to be completing microwave 5 of the downtrend waves the past two days . Microwave 5 could be completed at Potential Reversal Zone(PRZ) and Cumulative Long Liquidation Leverage($110,157-$109,000) .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys.
I expect Bitcoin to rise to at least $113,500 after entering the Potential Reversal Zone(PRZ) or hitting the Support lines . Market conditions may get a little emotional with the US market opening , so please observe money management.
Second Target: $114,517
Cumulative Long Liquidation Leverage: $108,000-$106,747 =Important
Cumulative Short Liquidation Leverage: $114,246-$113,326
Cumulative Short Liquidation Leverage: $117,939-$115,500
CME Gap: $117,235-$113,800
Stop Loss(SL): $108,670 /If your long position trigger was near the lower lines of the descending channel, it could be =Stop Loss(SL)=$106,417
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC ANALYSIS (4H)According to the previous analysis, Bitcoin had a significant drop. After the drop, it reached a support zone. It is now approaching a supply area, where we expect a rejection and the continuation of the bearish trend.
On the chart, an important trendline has been broken, and we also have a bearish CH.
Let’s wait and see how the reaction to the red zone will unfold.
A daily candle close above the invalidation level would nullify this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Short Bitcoin Update DAILY
Bitcoin has reclained the 100 Daily SMA as support after a good day yesterday.
However, Daily MACD still falling Bearish, with room to continue
Daily RSI has room to move higher or Lower
We can Tip either way here and I feel the likelihood is for PA to continue as it is..
As mentioned in the Monthly Colour candle post, This could lead to a slightly RED September followed by a Big start to Q4
Possibly good for ALTS
BTC/USDT Analysis. Signs of Defense
Hello everyone! This is CryptoRobotics trader-analyst with the daily market review.
Yesterday Bitcoin dropped into the buyer’s zone at $110,000–$105,000 (accumulated volumes). At that level, delta fell sharply, and the first buyback appeared. Reaching this area also coincided with the return of BTC ETF inflows on the 25th, which may indicate renewed interest from large capital.
At the moment, the situation does not yet look like a full reversal, and most likely the bottom has not been formed. However, the first signs of demand are already visible. At $110,000 we see absorption of selling pressure, which gives today a chance to close in the green.
Above, we have key supply zones from which a renewed downward wave and a retest of the current low or the $110,000 level are expected.
Buy Zones:
$110,000–$105,000 (accumulated volumes)
Sell Zones:
~$112,000 (absorption of market buys)
$114,400–$115,500 (volume zone)
~$116,500 (volume anomaly)
$117,200–$119,000 (accumulated volumes)
$121,200–$122,200 (absorption of buys)
*This post is not financial recommendation. Make decisions based on your own experience.
Quick Bitcoin Update with SMA's
PA is currently finding support off the 126 day SMA (Green) having falling through the 100 days SMA ( blue)
The 50 dayy SMA is falling fast and we need to watch this does not act as a line of resistance in the near future.
PA may drop further and we could hit the 200 day SMa ( Yellow ) on around 103k
For me, I am happy to Hit 100k again towards the end of the month..
BUY MORE BITCOIN AT 100K
Bitcoin - Looking To Sell Pullbacks In The Short TermH4 - Strong bearish move.
No opposite signs.
Expecting bearish continuation until the two Fibonacci resistance zones hold.
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Bitcoin Holds Bullish StructureFenzoFx—Bitcoin formed equal highs after sweeping liquidity above $117,046.00 on Friday. Technically, Bitcoin remains bullish due to Friday’s price displacement.
Immediate resistance lies at $113,677.00. If bulls close and stabilize above this level, the uptrend may resume, targeting the equal highs at $117,046.00. A further rise could fill half of the bearish fair value gap toward $119,700.00.
Currently, no bearish setup is expected unless BTC reaches the premium price zone of $119,700.00 and above.
Why BITCOIN Looks Bearish ? (1D)Let’s break down why Bitcoin looks bearish:
1. A key support line has been lost.
2. Price is sitting on a key level. If this level breaks, bears will take control, and there won’t be any strong support until the green “flip zone” below. Once this key level is lost, it will flip into resistance.
3. The flip zone is still untested. When there’s an untested flip level, the market usually gravitates toward it after creating triggers in multi-timeframes.
4. From the point where we placed the green arrow on the chart, a bullish phase started. That bullish phase (WXY structure) has now completed.
5. The best area for a trend reversal and opening sell/short positions is the red zone.
On the way down, set intermediate targets for yourself, secure profits, and trail your stop-loss to lower levels.
This outlook will only be invalidated if a daily candle closes above the invalidation level.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Bitcoin Is Still Bearish (4H)This analysis is an update of the analysis you see in the "Related publications" section
As we mentioned in the previous analysis, Bitcoin remains bearish, and our view has not changed.
We had considered two scenarios for Bitcoin, and both were bearish
Nothing has changed now either | from the current price or slightly higher, Bitcoin may see a serious correction. If the 103k zone is broken to the downside, Bitcoin’s price could correct down to the 93k area or even 86k.
Remember: when good news is released but the price cannot rally and make higher highs, the trend is bearish. It means market giants are selling to buy back at lower levels.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Where is Bitcoin on the LONG Term resistance since 2013? ARROW
To recap, that Blue Arc that has rejected Bitcoin PA ever since it rose into the Channel.
The Arrow points towards it.
This is the ONLY line that has rejected EVERY ATH since 2013 and is a part of a calculated Fibonacci Spiral.
I have posted the details and shown this in another post.
SO, as you can See, PA has begun getting squeezed by this and the long term rising line of support below. PA has never dropped below this line since rising over it in 2012.
The Crunch point of this squeeze is in December this year.
And PA recentlyt broke ABOVE this Arc in July and has been battling to remain above ever since.
The Daily chart below shows this cearly.
As with anytime that PA rises above resostance, it needs to test it as support and THIS has to be Crucial...We Drop back bellow thisline, PA could get dragged backwards, down, as the spiral descends....
We have tested thisperfectly now, twice -- but we are not clear of trouble yet and as you can see n the daily, PA is currently under the POC ( Red Dots )
The Point of Control (POC) on the Volume Profile Visible Range (VPVR) indicator is the specific price level within the visible range that has recorded the highest volume of trading activity during the selected time period.
This is local resistance
We need to break Free and Rise above this but we may not see that till September
Bitcoin Long Setup: PRZ + Heavy Supports in Action!Bitcoin ( BINANCE:BTCUSDT ), as I expected in the previous idea , fell to at least $112,640 and is completing the second target (Full Target) .
Bitcoin is approaching the Heavy Support zone($111,980-$105,820) and 100_SMA(Daily) , Potential Reversal Zone(PRZ) , and Cumulative Long Liquidation Leverage($112,200-$111,000) , generally , heavy supports and resistances are NOT broken with the first attack , so I am publishing this analysis with the label ''LONG'' .
In terms of Elliott Wave theory , Bitcoin is completing a main wave 5 , as the main wave 3 was an extended wave .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys .
I expect Bitcoin to start rising from the Potential Reversal Zone(PRZ) and Cumulative Long Liquidation Leverage($112,200-$111,000) and increase to at least $113,617 .
Second Target: $114,391
Cumulative Short Liquidation Leverage: $115,157-$114,599
Note: Stop Loss(SL): $110,100
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Short Setup _ Short-termBitcoin ( BINANCE:BTCUSDT ) has managed to break the Support zone($114,720-$113,570)/Now=Resistance zone and 50_EMA(Daily) , as I expected in the previous idea . And now it seems that Bitcoin is completing a pullback .
Also, on the 1-hour time frame , if you look closely, Bitcoin seems to be moving inside a descending channel .
In terms of Elliott wave theory , Bitcoin seems to be completing microwave 4 of the main wave 3 , so that microwave 4 could have an Expanding Flat structure(ABC/3-3-5) .
I expect Bitcoin to drop to at least $112,640 after completing the pullback ( microwave 4 of the main wave 3 ).
Second Target: $112,323
Cumulative Short Liquidation Leverage: $116,755-$115,778
Cumulative Short Liquidation Leverage: $114,500-$114,077
Cumulative Long Liquidation Leverage: $112,615-$111,743
Note: From today until Friday, important indexes will be released from the US, which can create excitement in financial markets, especially crypto, and even change the market trend when released.
Note: Most likely, after Bitcoin touches the Heavy Support zone($111,980-$105,820) and 100_SMA(Daily), we should wait for Bitcoin to bounce back (you might be able to look for a long position trigger in that zone).
Note: Stop Loss(SL): $114,823
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Maintains Bearish MomentumFenzoFx—Bitcoin stayed bearish, trading around $113,500.0 in today’s session. During the Asian hours, it swept liquidity above the previous day’s high and quickly dipped below $114,627.00.
The next buy-side liquidity zone lies at $111,903.00. The bearish outlook remains intact unless this level is swept.
Interesting Fib retrace info could help understand the next bear
Nessy chart initily but I have broken it down here and it will be easy to understand
Also, to make it ckearer to see, I have used a line for the PA..the retracements and % pull backs are accurately placed using the candles....
So, an interesting thing appeared when I was laying with Fib Replacements.
Simply put,
From 2013 ATH to the next Low was a -78.27 % pull back to the 0.236 Fib retracement
From 2013 ATH to the next Low was a -82.20 % pull back to the 0.382 Fib retracement
From 2013 ATH to the next Low was a -76.40 % pull back to the 0,5 Fib retracement
So, after each ATH, PA pulled back to the next step down from previous fib retracement, while pulling back approx the same %
Shuold Bitcoin do the same again, whichh would Scare a Lot of people, we could expect to see a pull back to the 0.768 Fib retracement...and using a near -80 % pull back, we would end up around 24K Low in Nov 2026
Will this happen ?
Who know and I doubt it but until things and patterns change in the way Bitcoin runs its 4 year cycles, then it is a possibility.
But I found it fasinating how yet anoterh sequence occured in the last 3 cycles that Bitcoin has performed.
Nothing else has ever done this.....
So, Lets see if it repeats
Another 50 weekly SMA data set from BITCOIN PA since 2013
Following on from Yesterdays post about how the 50 and 100 SMA are showing us possible Top and yet, at the same time, showing us we have a Few months left to go maybe, This Chart uses Just the 50 Weekly SMA ( RED )and how many days above and Below PA it has been since 2013.
We have had only 2 complete sets and so, we have to use this cautiously BUT it does point us in certain directions.
So..using the Number sets ABOVE PA.....
From 2013, After that ATH, PA went below PA for 420 days, went back above for 938 days.
From just after the 2017 ATH, PA went below PA for 329 days, went back above for 1001 days ( ignoring the March 2020 Covid Crash )
From just after the 2021 ATH, PA went below PA for 420 days ( we it did after 2013 ATH).
And Currently, we have PA remaining above the 50 SMA and we cannot predict accurately when PA will drop back below But, using the previous cycles, we could expect that to happen iaround October.
This usualy happens AFTER the ATH, with in weeks.
Using this alone, we could say we have have now Past the ATH zone for this cycle.
The Number sets BELOW PA are simply ATH to LOW and back to ATH
Again, this shows us we have past tha ATH point.
This cycle has shown us a number of differences though. See how PA has remained so much closer to the 50 SMa all the way and has already bounced off it 3 times.
PA is currently above and has a nice Gap to the 50 as we can see on the chart below.
Should PA dive down today, it would find the 50 SMA around 95K.
Could PA do this YES
Is it likely to do this, NO, noy currently but we need tii understand that we have No conclusive proof to allow us to relax.
Both sets of SMA data that I have posted over the last 2 days show us we ARE in an expected TOP zone, anytime from now to January
And we certainly do not know what will happen after.
However, the way BTC is being Held on to and the Adoption world wide, could point towards a lack of a Bear market maybe.
For me, as pointed out in other posts, I do believe that we are moving into a New era of Bitcoin Patterns and this is mostly lead by the simple fact that BTC PA HAS to break UP....
The pattern this cycle is Muted, a "controlled" Rise, no sharp rises and Fallls....( Not controlled by a person but more by wide spread Holding...)
So, to conclude,,,New Days ahead for Bitcoin but we need to remain cautious for now...
The Next Few months will tell us everything.
Bitcoin on the Edge! Will $114K Hold or Break?Bitcoin ( BINANCE:BTCUSDT ) started to decline from the Potential Reversal Zone(PRZ) as I expected in the previous idea .
Bitcoin currently appears to have managed to break the Support zone($116,900-$115,730) and is currently trading near the Support zone($114,720-$113,570) , 50_EMA(Daily) , Monthly Pivot Point , and Cumulative Long Liquidation Leverage($114,300-$113,841) .
In terms of Elliott Wave theory , it appears that Bitcoin is completing microwave 4 of the main wave 3 (probably), and we should expect a re-attack on the Support zone($114,720-$113,570) in the coming hours .
I expect Bitcoin to attack the Support zone($114,720-$113,570) at least once more after completing the pullback to the Support zone($116,900-$115,730) from Cumulative Short Liquidation Leverage($116,411-$115,760) and if it breaks , we should expect a drop to the Heavy Support zone($111,980-$105,820) .
Cumulative Short Liquidation Leverage: $120,115-$118,751
Note: Stop Loss(SL): $117,320
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
50 & 100 SMA data since 2013 shows Bitcoin in Topping Zone
But is it ?
There are so many things to see here that conform to previous cycles and yet, there are somethings that just do not add up.
Let us start with the 50 SMA (Red) and the 100 SMA ( Blue)
We are focusing on the Crossover of these 2 Weekly SMA's and distance from and to ATH etc.
Let us start with this -
On the 2 previous cycles that we can use, when the 50 SMA crossed over the 100, to when it returned below.
On both these occasions, it was just over 1000 days ( 1008 & 1001 )
These are the day counts under the PA on the chart.
If we assume this cycle will run the same way, the 50 should return below the 100 in August 2026.
I am using this date line as an anchor to work back from.
One of the stand out things for me is the near 100 day decrease in day count from ATH to where the SMA's cross over after an ATH, where the 50 drops below the 100.
2013 - 504 days
2017 - 448 days ( 404 + 44 days)
2021 - 308 days
2025 - this could be projected in one of 2 ways, the average of all previous day counts, divided by 3, that equals 420 days. Or we simply count down 100 days from the 2021 count and end up with 208.( while understanding certain room for error )
Counting back from the expected crossover in 2026 we just talked about above, IF we are to use the 420 days from ATH to Crossover, shows us we may have already past the ATH Point.
The 208 day box shows us we still have time and the ATH will be in Jan 2026.
The January date has confluence in a number of charts and is also in the traditional end of year range of cycle ATH.
HOWEVER, if we now look at the day count from where the 50 crosses back over the 100, signalling bullish intent and momentum, to the next ATH, we have only 2 day ranges we can use.
Leading up to the 2017 ATH, we had 560 days.
To the 2021 ATH, it was 686 days.
If we use the average, we have a count of 623 days this cycle.
Projected onto the chart, we have past that date also
But, if we follow the idea that that day count increases by just over 100 days each time, ( the opposite of the decreases of 100 days previously used After the ATH) we end up with an ATH around January 2026, again.
( I am hoping this is shown on the main chart and if not, here it is.
Grey box under PA
This is pure and utter suggestion and relies heavily on the market moving in much the same way as previously.
But we all know things have changed some...
Another thing to notice, if you are waiting for the sudden parabolic rise of BTC price, is how the % rise from Low to ATH is getting smaller. I have talked about this in previous posts but, for now, it is enough to say that we will most likely NOT get a sharp spike higher.
And in fact, as shown here, we are already in that zone of TOPS....it can span months but a sudden rush higher, making 200%,,not going to happen
What I am noticing is how the distance between the 50 and the 100 is very similar to the run to 2017 ATH but with a very uniform rise. Almost a straight line.
It is being consistant and so, this may go on for a lot longer than previously.
And so, to project a line along ths path, to when we could expect an ATH in Dec / Jan, we are looking at a high of around 140K Max
Will this be the cycle High ?
We will have to wait and find out
stay safe
BTC, should we be worried?Despite the calls for a double topping pattern, Bitcoin is yet to enter the territory of worry.
For the time being, support can be expected from as low as $112k. However, potentially signaling a short-term recovery, BTC is testing $115k as support - previous resistance.
Continued short-term weakness could lead to a test of $112k, effectively creating a range with $120k as resistance.
Bitcoin's slow upward grinding could be a reflection of the shift in the market and its players.