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Bitcoinprediction

Here’s Why Bitcoin Price Could Rewrite History in AugustBINANCE:BTCUSDT price is currently hovering at $118,938, within a consolidation range between $117,261 and $120,000 . While this range has held steady, the possibility of breaking through $120,000 is high if investor sentiment remains strong. The current sell-side risk ratio for BINANCE:BTCUSDT is at 0.24, well below the neutral threshold of 0.4 and closer to the low-value realization threshold of 0.1. This suggests that the market is experiencing consolidation, with investor behavior indicating a pause in large sell-offs. Historically, August has been a bearish month for BINANCE:BTCUSDT , with the median monthly return sitting at -8.3%. However, given the current accumulation trend and the low sell-side risk, Bitcoin may defy its historical trend this year. If Bitcoin can secure $120,000 as support, it would likely push past $122,000 and move toward the ATH . However, there remains a risk that the market could turn bearish if investors shift their stance due to unforeseen market factors. In this case, BINANCE:BTCUSDT could lose support at $117,261 and slide to $115,000, reversing the bullish thesis.
by aaryamann_shrivastava_bic
Market overview 📈 WHAT HAPPENED? Last week, a less priority but expected scenario was realized for Bitcoin. We broke through the sideways in a downward direction and fell to the area of pushing volumes ~$115,000. At this level, strong volume anomalies were recorded, and a rebound occurred. On Friday, the daily analysis on TradingView indicated a point to join the long movement, which confirmed its accuracy. The price reached the accumulated volume zone of the sideways at $117,600-$119,200 and was able to consolidate above without any significant reaction, which strengthens the buyers' position. 💼 WHAT WILL HAPPEN: OR NOT? At the moment, the first protection from sellers has appeared. Let's consider possible scenarios: 1. A decline to the mirror zone of $118,300-$117,300, from which, if the buyers' reaction is confirmed, buys are expected to resume. Next, a narrow sideways formation within the mentioned zone and a local sell zone of $119,500-$119,000 is possible, followed by a long position. Another option is to develop a further long divergence from the current levels. In this case, the local sell zone of $119,000-$119,500 will provide additional support. 2. A less priority scenario is a decline to the volume anomaly zone of $116,200-$115,000, with a test of the local minimum. In this case, the recovery will take longer. Buy Zones: $118,300–$117,300 (mirror volume zone) $116,200–$115,000 (volume anomalies) $110,000–$107,000 (accumulated volumes) Sell Zone: $119,500–$119,000 (potential resistance if a correction develops) 📰 IMPORTANT DATES Macroeconomic events this week: • July 29, Tuesday, 14:00 (UTC) - publication of the US Consumer Confidence Index from CB for July; • July 29, Tuesday, 14:00 (UTC) - publication of the US Job Openings and Labor Turnover (JOLTS) for June; • July 30, Wednesday, 08:00 (UTC) - publication of Germany's GDP for the second quarter of 2025; • July 30, Wednesday, 12:15 (UTC) — ADP's July change in the number of non-agricultural employees in the United States; • July 30, Wednesday, 12:30 (UTC) — U.S. GDP for the second quarter of 2025; • July 30, Wednesday, 13:45 (UTC) — Canada's interest rate decision; • July 30, Wednesday, 18:00 (UTC) — US FOMC statement and announcement of the US Federal Reserve interest rate decision; •July 30, Wednesday, 18:30 (UTC) — US FOMC press Conference; • July 31, Thursday, 01:30 (UTC) — publication of the Chinese Manufacturing PMI for July; •July 31, Thursday, 03:00 (UTC) — announcement of Japan's interest rate decision; • July 31, Thursday, 12:00 (UTC) — publication of Germany's July Consumer Price Index (CPI); • July 31, Thursday, 12:30 (UTC) — publication of the United States' June Personal Consumption Expenditure Price Index and Initial Jobless Claims; • August 1, Friday, 09:00 (UTC) — publication of the Eurozone Consumer Price Index (CPI) for July; • August 1, Friday, 12:30 (UTC) — publication of the average hourly wage, changes in the number of employees in the non-agricultural sector, and the unemployment rate in the United States for July; • August 1, Friday, 13:45 (UTC) — publication of the U.S. Manufacturing Purchasing Managers' Index (PMI) for July. *This post is not a financial recommendation. Make decisions based on your own experience. #analytics
Long
by Crypto_robotics
DOT/USD Weekly Structure - - Reversal Possibility Developing DOT/USD Weekly Outlook – Educational Perspective Polkadot (DOT) is trading near the lower boundary of a long-term falling wedge structure, showing early signs of stabilization around the $4.20 support zone. Price has respected this level multiple times, potentially forming a rounded bottom, which often suggests shifting momentum. If the structure holds, it may continue developing a macro reversal pattern. This kind of formation is typically monitored by swing traders looking for high risk-reward setups in longer timeframes. Key Technical Levels to Watch: $8.00 – Mid-range structural resistance $11.90 – Historical supply / macro pivot zone This chart is shared for educational purposes only to support market structure learning. Always follow your own analysis and risk management plan. Wave Trader Pro Learn & Earn
COINBASE:DOTUSDLong
by Wave-Trader-Pro
Pessimistic scenario for BITCOINAfter Bitcoin touched the price of 123,218, it entered a corrective phase. According to previous analysis, we expected the price to touch the range of $115,000-113,000. With the formation of more waves, it seems that the recent correction that started on July 14, 2025 is a diametric (bowtie) where waves f and g of this diametric are not yet complete and this pattern is part of a higher degree diametric and after this pattern is completed I expect a move towards the range of 140,000-150,000 Pessimistic scenario: The pessimistic scenario is that this wave becomes a double pattern and enters the price range of wave-b (marked with a red dashed line) of the higher degree diametric. The probability of this scenario occurring is low and I consider the first scenario more likely, but we must be prepared for all market movements. Good luck NEoWave Chart
Long
by NEoWave-Chart
Bitcoin’s Battle at Resistance Watch These Critical Levels.Bitcoin is currently forming an AMD (Accumulation–Manipulation–Distribution) pattern. The market recently dipped due to manipulation, only to push back up and break through a key resistance level, moving toward the inversion zone. However, it now faces additional resistance from a descending trendline. If the market decisively breaks above this trendline and successfully retests it, there is potential for further upward movement. Keep a close watch on these critical levels for confirmation. Do Your Own Research (DYOR)
Long
by TradeCraft_FX
Why Bitcoin's Bull Run Hits a WallBitcoin's Bull Run Hits a Wall: A Deep Dive into the $115K Correction, Record Leverage, and the Battle for Market Control A sudden and violent tremor has shaken the cryptocurrency market to its core. After a period of quiet range-bound trading, Bitcoin has decisively moved from consolidation to a sharp correction, plunging below the critical $116,000 support level and briefly touching $115,000. The abrupt downturn triggered a "bloodbath for crypto longs," liquidating hundreds of thousands of traders and wiping out nearly $600 million in leveraged positions. Yet, as the dust settles, a complex and contradictory picture emerges. While institutional sell-offs and cascading liquidations paint a grim short-term picture, record-high open interest, significant liquidity grabs, and bullish on-chain signals suggest the long-term uptrend may be far from over. This article delves into the anatomy of the crash, the forces that fueled it, and the fierce battle between bearish catalysts and bullish undercurrents that will define Bitcoin's next move. Part 1: The Anatomy of the Correction - From Sideways to Sell-Off For weeks, Bitcoin's price action was characterized by consolidation, a phase where an asset trades within a defined range, reflecting market indecisiveness. After a strong upward trend that pushed Bitcoin to new highs above $120,000, this period of sideways movement was seen by many as a healthy pause before the next leg up. However, this placid surface masked building pressure. The transition from this consolidation phase to a full-blown correction was swift and brutal. A market correction is defined as a rapid price change, often a decline of at least 10% but less severe than a crash, that disrupts an asset's prevailing trend. The recent tumble below $116,000 fits this description perfectly. The sell-off was not a gradual slide but a violent dislocation, breaking through established support levels and triggering a wave of panic. This dramatic shift was exacerbated by several key factors. On-chain data revealed that a significant institutional player, Galaxy Digital, unleashed a massive sell-off, reportedly moving billions in Bitcoin to exchanges. This sudden injection of supply into the market acted as a powerful catalyst, overwhelming buy-side pressure and initiating the downward price spiral. The market's reaction was immediate, with the price slicing through the psychological support at $116,000 and heading towards the next major liquidity zone around $115,000. Part 2: The Cascade - A $600 Million Bloodbath for Leveraged Traders The speed of the price drop had a devastating impact on the derivatives market, a space where traders use borrowed funds to amplify their bets on price movements. The sudden downturn resulted in one of the most significant liquidation events in recent memory, with 213,729 traders liquidated for a total of nearly $600 million over a 24-hour period. What is a Liquidation? In crypto futures trading, liquidation is the forced closure of a trader's position by an exchange. This happens when a trader can no longer meet the margin requirements for their leveraged position, meaning their collateral is insufficient to cover their mounting losses. For example, a trader using 20x leverage on a $1,000 position controls $20,000 worth of Bitcoin. However, a mere 5% price move against them can wipe out their entire initial capital, triggering a liquidation. The recent event was a "bloodbath for crypto longs," meaning traders who had bet on the price of Bitcoin increasing were the primary victims. As the price fell, these long positions became unprofitable, and once they crossed their liquidation price, exchanges automatically sold the collateral on the open market to cover the losses. This process created a deadly feedback loop known as a liquidation cascade. The first wave of forced selling from liquidated longs added more downward pressure on the price. This, in turn, pushed the price down further, triggering the liquidation of another set of long positions whose liquidation prices were slightly lower. This domino effect—where liquidations cause lower prices, which in turn cause more liquidations—is what transforms a standard price dip into a violent market crash. This automated, rapid chain reaction is a hallmark of the highly leveraged and volatile crypto markets. Part 3: The Fuel for the Fire - Open Interest Reaches a Record $44 Billion Underpinning this massive liquidation event was an unprecedented buildup of leverage in the market, best measured by a metric called Open Interest (OI). Open Interest represents the total number of active or unsettled futures contracts in the market. It’s a measure of the total capital and number of positions committed to the derivatives market, distinct from trading volume, which counts both opened and closed positions. An increase in OI signifies that new money and new positions are entering the market, often leading to higher volatility. In a stunning development, as Bitcoin's price began to plunge, the total Open Interest surged to a new all-time high of $44 billion. This unusual divergence—where price falls while open interest rises—suggested that a significant number of new short positions were being opened to bet against the market, while many longs remained trapped, hoping for a reversal. This created a powder keg of leverage. Further fueling this was a notable surge on the world's largest crypto exchange. On-chain data showed that traders added 10,000 Bitcoin worth of open interest to the BTCUSDT perpetual contract on Binance alone. This single-day surge in open interest on a key trading pair signaled a massive influx of speculative capital. High open interest acts as fuel for volatility. With so many leveraged contracts open, any sharp price movement can trigger the kind of cascading liquidations that were just witnessed. The record-breaking $44 billion in open positions meant the market was more susceptible than ever to a violent deleveraging event. Part 4: The Big Players - A Tale of Two Whales The recent market turmoil cannot be fully understood without examining the actions of its largest participants: the whales and institutions. Their movements often create the initial waves that retail traders are forced to navigate. On the bearish side, the primary catalyst for the sell-off appears to be Galaxy Digital. The digital asset financial services firm was observed moving tens of thousands of Bitcoin, worth billions of dollars, to centralized exchanges. These flows were reportedly part of a larger liquidation of holdings from a dormant "Satoshi-era" whale, with Galaxy acting as the intermediary to facilitate the sale. By strategically offloading such a massive amount, even if through over-the-counter (OTC) desks to minimize initial impact, the sheer volume of sell pressure eventually spilled into the public markets, triggering the correction. The firm's subsequent withdrawal of over a billion dollars in stablecoins from exchanges further suggests a large-scale profit-taking or strategic de-risking maneuver. However, this institutional selling pressure is contrasted by a powerful bullish undercurrent. Even as the market reeled, other large players were making bold, long-term bets. Reports surfaced of a significant whale bet on Bitcoin reaching a staggering $200,000 by the end of the year. This dichotomy highlights the deep division in market sentiment. While some large entities are taking profits or repositioning, others view this correction as a prime accumulation opportunity, demonstrating unwavering conviction in Bitcoin's long-term trajectory. This clash of titans—the institutional seller and the long-term bullish whale—defines the current market structure. The price is caught in a tug-of-war between immediate, heavy supply and deep-pocketed, long-term demand. Part 5: Reading the Tea Leaves - A Healthy Reset or the Start of a Bear Market? While the headlines scream "bloodbath" and "crash," a deeper analysis of market mechanics and on-chain data offers a more nuanced perspective. Several key indicators suggest that this brutal pullback, while painful, may be a healthy reset rather than the beginning of a sustained bear market. Argument 1: The Pullback Remains Within Normal Volatility Range Bitcoin is notoriously volatile, and sharp corrections are a historical feature of its bull markets. Drawdowns of 30-40% have been common pit stops during previous bull runs. While a drop from over $120,000 to $115,000 is significant, analysts point out that such moves are not out of character for the asset. Historically, major cycle-ending bear markets have seen drawdowns exceeding 75-80%. In contrast, mid-cycle corrections serve to wipe out excess leverage, shake out weak hands, and build a more sustainable foundation for future growth. This event, though severe for leveraged traders, may fall into the category of a standard, albeit sharp, bull market correction. Argument 2: A Necessary Liquidity Grab Sophisticated market analysis suggests the plunge below $115,000 was a textbook liquidity grab. This is a maneuver, often initiated by large players or "smart money," where the price is intentionally pushed to a level where a high concentration of stop-loss and liquidation orders are known to exist. By triggering these sell orders, large buyers can absorb the resulting liquidity to fill their own large positions at more favorable prices before reversing the market direction. The area just below a key psychological level like $115,000 is a prime location for such a maneuver. The rapid dip followed by a stabilization could indicate that this was not a panic-driven crash, but a calculated move to hunt liquidity before the next leg up. Argument 3: Bullish Signals from Spot Markets and On-Chain Data While the derivatives market was in turmoil, other indicators flashed bullish signals. One analyst pointed to a strong correlation between surges in Binance's spot trading volume and subsequent price upswings. Recently, Binance's share of the spot market volume surged significantly, a move that has historically preceded rallies. High spot volume indicates genuine buying and selling activity, as opposed to the paper bets of the futures market, and can signal strong underlying demand. Furthermore, key on-chain metrics suggest the long-term bullish scenario remains intact. Analysts highlighted that Bitcoin's price found support near the "Realized Price" for short-term holders, indicating that recent buyers were not panic-selling in large numbers. Other metrics, such as those showing that major long-term holders are retaining their assets despite record prices, paint a picture of underlying market strength that contrasts with the short-term speculative chaos. Conclusion: A Market at a Crossroads The dramatic plunge to $115,000 was a multifaceted event, a perfect storm of institutional profit-taking, extreme leverage, and the brutal mechanics of the crypto derivatives market. For the over-leveraged trader, it was a catastrophe. For the long-term investor, it may have been a fleeting opportunity. The market now stands at a critical juncture, defined by conflicting forces. On one hand, the specter of institutional selling, exemplified by the Galaxy Digital offload, looms large. The record-high open interest, though slightly diminished after the liquidations, still represents a significant amount of leverage that could fuel further volatility. On the other hand, the arguments for a bullish continuation are compelling. The idea that the crash was a calculated liquidity grab, the historical precedent for sharp bull market corrections, the strength in spot market volumes, and the conviction of long-term holders all suggest that the core uptrend is resilient. The whale betting on a $200,000 price by year-end serves as a potent symbol of this underlying confidence. The coming weeks will be crucial in determining which of these forces will prevail. The battle between the short-term pressures of deleveraging and the long-term thesis of accumulation will be fought in the charts and on the blockchain. While the bloodbath for longs served as a stark reminder of the perils of leverage, it may have also been the violent, necessary purge required to cleanse the market and pave the way for a more sustainable ascent.
OKX:BTCUSD
by bryandowningqln
BTC/USDT Analysis. Range Breakout Hello everyone! This is the daily analysis from a trader-analyst at CryptoRobotics. Yesterday, Bitcoin bounced off a local sell zone on the 15-minute timeframe (previously mentioned), but a full-fledged bullish move did not follow. Instead, the less likely scenario played out — we broke the range to the downside and tested an important buy zone around ~$115,000 (zone of initiating volumes). Almost immediately, anomalies appeared in the cluster search near this level, and we quickly saw an initial rebound. At the moment, a retest of ~$115,300 is likely. If buyers show proper reaction there, we could resume an upward move toward the $117,600–$119,200 area (accumulated volumes). To continue the long scenario toward the ATH, we need to consolidate within this area or break through it without a strong seller response — which is less likely. A short scenario becomes possible if there is no buyer reaction around ~$115,300. In that case, a decline toward the next major support zone is expected. Buy Zone: $110,000–$107,000 (accumulated volumes) Sell Zone: $117,600–$119,200 (accumulated volumes) This publication is not financial advice.
Long
by Crypto_robotics
Powell’s Comments Could Decide BTC’s Fate: New ATH or Rejection!Bitcoin ( BINANCE:BTCUSDT ) has attacked the Support zone($116,900-$115,730) several times over the past week but failed to break through, meaning that buyers are still hoping for a BTC increase or even a new All-Time High(ATH) . Bitcoin has reached a Resistance zone($119,530-$118,270) again and is trying to break the upper lines of the Symmetrical Triangle Pattern . The Cumulative Short Liquidation Leverage($117,255-$116,675) is important and includes high sell orders , so if Bitcoin can break the Resistance zone($119,530-$118,270) and the Resistance lines with high momentum , we can hope for a continuation of the upward trend. Whether or not the Resistance zone($119,530-$118,270) and the Resistance lines break could depend on the tone of Jerome Powell’s speech today . Jerome Powell will speak at the opening of the “ Integrated Review of the Capital Framework for Large Banks ” — the final major appearance before the Federal Reserve enters its pre-meeting blackout period. Market Expectations: The speech is officially about regulatory frameworks (like Basel III), but traders are watching closely for any hints regarding interest rate policy. Even indirect comments could move risk assets like BTC. Rate Cut Signals? With political pressure mounting (including criticism from Trump ) and markets pricing in a potential cut later this year, Powell may adopt a cautious, data-dependent tone emphasizing flexibility in decision-making. -------------------- In terms of Elliott Wave theory , it seems that the wave structure of the main wave 4 correction is over. The main wave 4 has a Zigzag Correction(ABC/5-3-5) , so that the microwave B of the main wave 4 has a Double Three Correction(WXY) . Of course, the breakdown of the Resistance zone($119,530-$118,270) and Resistance lines can confirm the end of the main wave 4 . Also, there is a possibility that the 5th wave will be a truncated wave because the momentum of the main wave 3 is high , and Bitcoin may NOT create a new ATH and the main wave 5 will complete below the main wave 3. I expect Bitcoin to rise to at least the Resistance zone($121,000-$120,070) AFTER breaking the Resistance zone($119,530-$118,270) and Resistance lines . Second Target: $121,620 Third Target: $123,820 Note: Stop Loss(SL)= $117,450 CME Gap: $115,060-$114,947 Cumulative Long Liquidation Leverage: $117,429-$116,878 Cumulative Long Liquidation Leverage: $116,053-$115,411 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.
Long
by pejman_zwin
29
Quick BITCOIN Fair Value Gap Update -Where will dip stop The sharp drop caused by Galaxy Digital seel off has brought PA to a line of support but also to the top of a Fair Value Gap ( FVG) This could cause a further slide as traders decide to try and pick up some BTC from this gap. FVG have a tendancy to be used as Good trading spots due to the lack of previous trading in that range So, if support breaks, we could see a return to 111K as the fist gap gets filled. We could alsp return to 109K - 107Kshuold momentum continue. And finaly, should the move seem to attractive to some, a final Wick down to 97K is possible. This would Terrify many and would also be such a Good opportunity to buy. I think it is unlikely though Just my opinion but I am looking to place Buy orders between 109 - 107......just incase
INDEX:BTCUSD
by Orriginal
BITCOIN IS CREATING A SECRET PATTERN! (Huge move incoming?!)Yello paradisers! I'm describing to you what's going on with Bitcoin right now. We are creating a secret pattern that is forming, and once its neckline is reclaimed, we are going to have a huge movement. In this video, I'm sharing with you the most important support and resistances on multiple time frames. We are describing Elliott wave theory wave count, and taking a look at candlestick patterns. We are talking about confirmations necessary for bullish and bearish cases. I'm explaining to you what the professional trading signals need for long-term profitability. Some of the points are great risk-reward ratios. I'm talking about that in the video. One of them is taking only the highest probability trade setups, and having the patience and discipline to wait for them. I'm talking about proper strategy which is needed, and systemology in your overall trading and how important it is. Here on TradingView, I'm describing to you the overall bias I have on Bitcoin right now. Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
Short
by MyCryptoParadise
8
BTC / USDT : Broke down and now going for retestBitcoin Analysis: Bitcoin has broken down and is now retesting the support zone. As mentioned earlier, a shakeout can happen at any time, and this looks like the potential retest phase. Bullish Scenario: Reclaims Resistance: If BTC manages to break through the resistance after the retest, it will stabilize for the short term. This could lead to a move towards higher levels. Bearish Scenario: Failure to Break Resistance: If the retest fails and BTC can't reclaim the resistance, further downside could be expected. Targets: Keep an eye on the CME gap at $114,000 and 92K as key levels to watch for potential price action. Note: Manage your risk carefully. The market is volatile, and a shakeout could happen anytime. If BTC fails to break resistance after retest, more pain may be ahead.
by Crypto-by-PRIME
BITCOIN Indicates Consolidating Moves Before StronBitcoin (BTC) Market Analysis Report Summary and Conclusion Bitcoin (BTC) is currently trading around $117,000 to $118,000, showing a slight pullback from its recent all-time high near $123,000. The market sentiment is moderately bullish but cautious, with technical indicators signaling some overbought conditions and short-term consolidation. Institutional interest appears to be cooling off slightly, as evidenced by recent outflows from Bitcoin ETFs, while accumulation continues across various investor tiers, including whales and retail holders. Key resistance is near $119,400-$120,000, and support lies around $117,200-$116,900. The market is in a "perfect accumulation" phase, with strong buying support despite some profit-taking. The Fear & Greed Index is at 70, indicating greed but not extreme euphoria. Recent news highlights a mixed picture: Bitcoin remains dominant and stable, but altcoins are gaining some momentum. Institutional flows are shifting somewhat from Bitcoin to Ethereum and other altcoins. Experts predict potential for Bitcoin to reach $200,000 to $250,000 later this year, driven by macroeconomic factors like credit expansion and fiat inflation. Detailed Analysis 1. Price and Market Data Market Type Last Price (USD) 24h Change 24h High 24h Low 24h Volume (USD) Funding Rate (Contract) Spot 116,959.8 -1.65% 119,498.4 116,946.6 1.43B N/A Contract 116,962.7 -1.65% 119,492.9 116,935.5 8.91B 0.0001 Bitcoin is consolidating below $120,000 after reaching a peak of $123,218 on July 14. Trading volume remains robust, indicating active market participation. 2. Technical Indicators Bullish Signals: No strong bullish technical indicators currently detected. Bearish Signals: RSI indicates overbought conditions, suggesting short-term caution. Support and Resistance: Resistance: ~$119,416.6 Support: ~$117,227.4 MACD and other momentum indicators show indecisiveness, implying possible sideways movement or minor corrections before the next major move. 3. Market Sentiment Fear & Greed Index: 70 (Greed) Investor sentiment is bullish but tempered by profit-taking and cautious positioning. ETF flows show a recent reversal with $68 million outflows from Bitcoin ETFs, ending a 13-day inflow streak. Ethereum and altcoins are attracting more inflows, signaling a rotation in institutional interest. 4. Recent News Highlights Bitcoin remains dominant but has been mostly stagnant below $120K, while altcoins struggle for momentum. Institutional investors are shifting some capital from Bitcoin to Ethereum and other altcoins. Bitcoin is in a "perfect accumulation" phase, with all investor tiers building positions despite some whale transfers. Experts like Arthur Hayes predict Bitcoin could reach $250,000 by year-end, driven by credit expansion and macroeconomic factors. Network activity shows a slight dip in active addresses, indicating a short-term pause. Support levels around $116,952 and $114,354 are critical to watch for downside risk. Bitcoin's dominance remains strong at around 61%. 5. Outlook Short-term: Bitcoin may continue to consolidate between $117,000 and $120,000, with potential minor pullbacks due to overbought RSI. Medium to Long-term: Positive macro factors and accumulation trends suggest potential for new highs, possibly targeting $150,000 to $250,000. Watch for a breakout above $120,000 to confirm bullish momentum continuation. Monitor ETF flows and on-chain activity for signs of renewed institutional interest or caution. Recommendations for Traders and Investors Traders: Consider cautious trading around current levels, watching for RSI and MACD signals for entry/exit points. Be mindful of resistance near $120,000. Investors: Accumulation phase suggests good opportunities for long-term holding, especially if Bitcoin holds above $117,000. Risk Management: Keep stop-loss orders near support levels to mitigate downside risk in case of a correction.
by FxArena
BTC/USDT Analysis. Inside the Range Hello everyone! This is the daily analysis from a trader-analyst at CryptoRobotics. Yesterday, Bitcoin tested the previously mentioned POC (the point of control — the area with the highest volume concentration within the range). A reaction followed: buyers prevented the price from falling below that level. At the moment, we still expect a breakout from the range to the upside. On the lower timeframe, buyers are once again trying to gain control through delta. If the price breaks above $118,800, we can expect a move at least toward ~$120,000. A potential retest of the local zone at $118,000–$117,600 (signs of market buying aggression on the 15m timeframe) is also possible, followed by a continuation of the uptrend. Larger buy zones are marked below. Buy zones: ~$115,000 (zone of initiating volumes) $110,000–$107,000 (accumulated volumes) This publication is not financial advice
Long
by Crypto_robotics