Cyber MondayUp to 80% OFF

Bitcoinrsi

TODAY is the day Bitcoin Needs to React and has the strength to HEIKEN ASHI candles on the charts, take out the noise of change and show Trends better. Bitcoin Daily Chart showing VRVP on the right. The lines mentioned below can offer Resistance, Support. Horizontal Dashed Yellow - Value Area High VAH currently around 128K usdt Horizontal Dashed Red - Value area Low VAL currently around 95K usdt Horizontal Dotted Red line - POC, Point of control currently around 110k usdt Horizontal Dashed Blue line - Current ATH Notice the "Pocket" on the right, in the VRVP, just above the VAL. This is a price range that has little Trading volume and tends to attract PA. We are also currently in a little one and PA has risen in it. The one just above us now, after the VAL line Could Take PA up to the POC around 110k Likely to meet strong resistance there but PA is Very oversold right now..PA has the ability to push a lot higher But it is TODAY that we really need to pay attention to. See the Diagonal lines dropping down from left to right. These Are FIB CIRCLES> and that Red one is a 236. Those that follow me will understand that I have always said to be careful of them. And it is THAT that has been dropping PA since ATH. And TODAY, we need to break through it or face a Stiff push lower. I think we will break through but that VAL line could be a problem. Nervous day BUT with confidence. DAILY MACD MACD has crossed Bullish. WE do need to keep this going to renew sentiment but, as you can see, There is a long way to go before PA become OverBought..THIS alone could take PA back up to the 120k + zone..But there is a LOT of resistance en-route. But this is a good sign DAILY RSI VERY Strong push up from OverSold on the RSI and, again, this shows some very good possibilities ahead as we come to month end. So, Bitcoin PA has the ability to push high. The 4 hour Bitcoin chart shows the shorter term So, here it is...PA pushing up against that 236 Fib Circle, right where the VRVP has a line of resistance. THIS is why today is so important. WE NEED TO BREAK THROUGH On this 4 hour chart, you can see how PA is above the POC..that is support if we get rejected off the 236 fib circle. The VAL is just below that and we bounced off that once before already So, TODAY, watch this carefully.... In th elonger term, I do not expect BTC PA to Roar up just yet. Thge November candle will close RED, December will be Green as confidence returns and I am thinking that January will be EPIC. But..we need to break this resistance today... Hang on You Lot
INDEX:BTCUSD
by Orriginal
Bitcoin Weekly SMA - Next Level support at the 100 SMA 83K and..** Candle Colours are effected by a Bull Bear indicator, indicating Bull Bear sentiment... Note THIS week is the First BEAR week Candle in a very long time, since March 2025 Bitcoin Lost the 50 SMA ( RED ), first time this Cycle. And we see the 100 SMA ( BLUE ) running parallel and so, this s logically the next level of support should we drop lower. What is the relevance of the 50 & 100 SMA to Bitcoin PA This is the Bitcoin Chart since December 2013 The Labels above are the day counts from ATH, to the SMA crossing Bearish ( 50 dropping below the 100 To when the SMA cross Bullish ( 50 rises back above the 100 ) and then to ATH The Lower day count is from when the 50 crosses above the 100 to when it crosses back below. And Many things point to the fact that we may well have past the ATH point and are now entering the Bear Market. Loosing the 50 backs this up to many extents. So now we look to the 100 to see if PA holds 83K or not. Interesting to note, that because of how Calmly this "Cycle" has preformed ,, Haw parallel the 50 and 100 are to each other, we are reaching gown to the 100 Much quicker than previous occasions. Very interested to see what happens. SOPR has just flashed a BEARISH signal People are capitulating, selling in Fear and making Losses. A Sure sign of the BEAR. But there Many things that support the idea that this is NOT the end of this Run to True ATH. For me, this is helped by the fact that the RSI is so near OVERSOLD that it will RISE. Not a Guarantee though But we also have the Weekly MACD down low too You can see on this chart how the Histogram tends to find support on this level The MACD line has Crossed below Neutral. We are in an area for a bounce. This may not happen and it is impossible to predict this We need to continue watching and see where the PA goes on that 100 SMA I have been doing TA for many years now and I have to say, this time, Things are a lot more conveluted than normal..Many conflicting signals.... We have Short Term and Long Term ideas presenting cases for both Bullish and Bearish scenarios. So, We wait to see what happens on the 100 Look at the Long Term chart and see what happens when the PA crosses the 100 ( Blue ) We need that Bounce for the Bulls PA Drops below, BEARS
INDEX:BTCUSD
by Orriginal
Quick BITCOIN Daily UPDATE - CAUTION Bitcoin PA has droped below long ter support line again. We need to see if today PA recovers to create a Wick down, as previously. For me, Alarm bells ring if we pass and remain below 104K We did that Once in Mid October but recovered Quickly from 103400 area I do not want to do that again But the potential exists and so we need to be ready; The Daily MACD Yjr lower dashed line is a potential trend line on the Histogram. We can see how the yellow MACD line if fighting to remain above the Red signal line. As mentioned on Saturday, I fele we may continue to drop, I just do not know how far just yet. The RSI offers an idea to oppose the idea of conintued drop RSI is dropping down to a line oof possible Support. We must wait and see how today plays out....It is Fragile and CAUTION is THE word to use. Should you decide to play sage and Sell your Bitcoin, GOLD is looking llike a Good option righ tnow....NOT loosing value. THAT is Not Advice but it is what I Might do if we pass my warning levels.
INDEX:BTCUSD
by Orriginal
BITCOIN Weekly chart shows strength with potential to extend This chart is one of my oldest and most trusted charts. Thhis main chart is Weekly and from the end weeks of the Bear in 2022. You can see wre January 2023 is marked and so we can see the rising channels that developed. The Blue Bold line is a Long term line if support from 2013 that we may never visit again. There are 2 lines I want to draw your attention to. The rising bold White line that acted as strong resistance in August 2022 and was turned in to Support in early 2024. It has been strong support ever since. The other is the 2.618 Fib extension ( Arrow ). This line was resistance in early 2025 and remained so until crossed in around June this year. It has been support ever since. PA is heading towards the intersection of these two lines in Mid November ( around 17th ). PA could react before this date but it is very possible that PA will rise to a new ATH from this point. The 2.618 Fib was tested recently in that Sudden Drop and we can see this on the daily chart below. See that last wick down ? For me, the fact that this Snowballing liquidation was stopped by that line, shows massive strength of support there. We can also see that rising line of support worked well in April this year. These are 2 very strong lines of support and PA is above both of them and heading to the intersection of the two in November. But what supports this idea further ? The Weekly RSI is in a zone that previous occasions have bounced from, though it could fall a little further, giving a delay in PA rising. November 17 is just over 3 weeks away. We may see RSI rise, Dip, rise The weekly MACD also offers some insights The weekly MACD is dropping bearish and its projected line till it reaches support is around end of November. Later than the 17th November The Daily MACD may show us the idea of a bounce for the short term MACD is turning up from OVERSOLD but we need to see what happens over the next few weeks closely. The idea that a short term Bounce in the Daily MACD also supports the idea of the RSI bouncing up down up, as mentioned above. Something that I do find very interesting is the change in MVRV this cycle. I have never seem MVRV rising in a channel like this and what is more interesting is how the Z Score ( yellow ) has bounced off the lower trend line twice previously. And it is heading towards that line again, with a projected Touch around 27 November. SO, all in all, we have Bitcoin Above Strong Support, heading to a point of intersection that has the potential to push PA higher. That push could then be supported a little after with strong support from Technicals. This may Push Bitcoin PA in a sustained rise with next major resistance levels at 137K We need to get above and Hold that level. BUT, as ever, MACRO could take over and we have, next week, the FED interest rate decision. However, NOVEMBER is the focus here. The Federal Reserve does not have a scheduled FOMC meeting in November 2025. The next meeting after October 28-29, 2025, is scheduled for December 9-10, 2025 This could be VERY INTERESTING Q4 Stay safe
INDEX:BTCUSD
by Orriginal
236 Fib Circle rejection AGAIN. I warned you about this earlier In a post at the beginning of the month, I warned about a RED start to the month. OK, we reached a New ATH first lol...But look where we are now ! My exact words were "Past October closes are 10 Green to 4 Red, so the Odds are we will see another Green October close, though it may not be a large candle. InFacr, there are a few charts that point towards a Red start till around Second week, 12th - 15th October. This of course can change but it maybe worth understanding that we may get a bloody month start." Look at the Arrow on the chart. That Red Arc is a 236 Fib circle.... Anyway, so now ? We are not at that date range for recovery yet but Monday may be positive But CAUTION is a MASSIVE idea. We have currently bounced off the 5.382 Fib extension and are noe just above the 5.768 BUT also just under a line of resistance. WE NEED TO GET OVER THAT One thing that points to a possible range here ir, at worse, further Dips is that the Daily MACD has only just turned BEARISH The 4 hour has reached OVERSOLD now and so we may see some support coming in on a short term The Daily RSI is Low but maybe not low enough to support a sustained move higher though it can rise and Range high We need to WaTCH CLOSE AND SEE WHAT HAPPENS OVER THE NEXT 7 DAYS
INDEX:BTCUSD
by Orriginal
Bitcoins has slipped back under Long Term resistance. CAUTION It is VERY clear to see and some just do not want to see it That Blue Arc, Arrowed, is an Arc that has rejected EVERY ATH since Bitcoin began rising from its early Low. And also understand, that arc is not just a random line, It is Calculated and is part of a Fibonacci Spiral. ANYWAY, as we can see on the chart. PA is heading to a Squeeze with this Arc and a rising line of support below. This line of support has NEVER failed since PA crossed over it. So we have a n arc of Resistance that has Never been broken. We have a line of support that has Never been Broken. One of these two line Has to break. The Apex of this Squeeze us Dec this year and, as we all know, PA always react before the Apex. So, How accurate is the placement of this Arc ? Lets see the Daily chart Here we can see that PA has for most of this year, been trying to break over and, in July, succeeded, only to fall back below a week ago. To many extents this played along Very well with the monthly Candle Colour patterns I been posting. But the fact remains, we are once again BELOW a HUGE powerful line of resistance that we MUST break above and stay above. We do have many lines of Support below, Local and some, longer term. We can close on the 4 hour just to see where we are in a more local time frame. Here, we can see that 105K is a very possible line of support initially that we need to watch and see what happens. Hopefully, we range above this level and let RSI cool off. The RSI is always a great gauge to watch here and the daily offers some hope of remaining in this current PA range It must be said that RSI could still drop lower, though we have room to rise before PA becomes OverBought on the Daily. But the weekly shows us a longer term CAUTION flag. While we have not been OverBought on the weekly for a long time, we ARE up high, leaving the potential for a Drop. But with the Daily in good shape, this could be postponed. In this cycle, previous times we got overbought, PA ranged while RSI dropped. This could repeatover and over........But PA needs to rise OVER that line of resistance and turn it into Support. This is NOT a choice//it is a MUST HAPPEN if Bitcoin is to continue its rise higher. The current Price line of this Blue Arc is around 116K. What we realy need to understand about this Arc is that once we pass December 2025, that arc begins to DROP. And if PA is below it still, PA will get dragged down with it, into an ever decreasing price model. So, there we have it Simple as that.
INDEX:BTCUSD
by Orriginal
Bitcoin Macro Cycles: Sell Signal at RSI 90Bitcoin’s historical market cycles, using monthly RSI data to identify previous bull market peaks. Notable tops in 2013, 2017, and 2021 are highlighted, with the next potential peak projected around October 2025. A consistent pattern emerges where each market top aligns with the monthly RSI reaching or nearing the 90 level, indicating extremely overbought conditions. Sell when the monthly RSI hits 90. This has consistently marked previous market tops and can serve as a reliable signal for long-term investors.
CRYPTO:BTCUSD
by HexaTrades
BITCOIN new week open Green - Will we get 8 weeks Green in a row These are all WEEKLY chart 7 weeks in a row closed Green. At Time of writing, Bitcoin is around 109800 usd So Very Bullish and every possibility that this week will also close Green though we are getting near a point of resistance. If we zoom into the same chart, we can see more detail We are above the 2.618 Fib extension and we could return to the 103K zone to test this as support. We may need to do this as it has only ever been resistance previously. We are also very close to a 618 Fib circle.( Blue ) We do not know if this is an area of strong resistance yet but PA is now in the area that we may react to it. As a result of this Fib circle, we need to be prepared for the possibility of reentering that rising channel, We may not do that ,The reasons being that PA still has enough strength. The MACD - or Moving Average Convergence Divergence, is a technical analysis tool used in trading to identify momentum and trend direction. The 2 vertical lines on the left are the 2021 ATH points, to give a comparison. In this cycle we have had 2 previous peaks and then the cooling off period from OverBought. The Cooling off were the periods were BTC PA ranged.. We are currently rising Bullish, with room to move higher but we should be aware that we are in the area that rejected the 2nd ATH in 2021. The daily is in a very similar position but getting choppy. The RSI - Relative Strength Index, a technical indicator used to understand the momentum of a price trend . The RSI helps signal when to buy and sell in a trending market by identifying overbought or oversold conditions in a security. Again, the Vertical lines on the left show you the 2021 ATH points as reference. See how RSI peaks before BTC PA Peaks. We have not been fully OverBought since March 2024. RSI is rising Bullish with Room to move higher, though, again, note how it is in an area were rejection has occurred previously. The Mayer Multiple is a ratio used in trading that compares the current market price of an asset, such as Bitcoin, to its 200-day moving average (SMA) price. This indicator is particularly useful for swing traders to find zones of extreme overbuys and It is generally considered a bullish indicator when the price is above the long-term moving average ( Yellow ) and bearish when the price is below it, although significant deviations from the moving average can indicate overvaluation or undervaluation. Again, take note of the vertical lines and were this Mayer Multiple was. Again, the tendency is that when this Drops, BTC PA has Ranged to cool off and when it crosses above its Average, it leads to a High on the push higher. And once again, remembering what has been said above, we need to wait to see if this crosses its average or get rejected by it. But as you can see, the Average is more often used as support amd mpt resistance. So, in conclusion, I remain Bullish but with a note of Caution till we get a push higher conformed. We could see a pull back and , if that happens, this maybe the last sensible buying Zone for Bitcoin this time round. The Risk is increasing as more and more coins enter into good profit margins. People may get tempted to sell. On a longer term , this month has confirmed a very bullish intent and we have one week to go before month end. I will expand on this on 2nd June This week. we wait and see how Bitcoin will react. Be Kind to others. The world Needs LOVE
INDEX:BTCUSD
by Orriginal
BITCOIN Daily Bullish / Bearish days ahaed with Big push after Even though I have mentioned that we maybe in for some RED days this week, this chart shows how, ultimately, we are in a Bullish momentum still. The CUP pattern that we have printed ( adjusted since I last posted this) , Goes from ATH line back to the ATH line. We also see how there is this APEX that PA has fallen into that has its peak at the end of this month. PA always reacts before the APEX But before this, we may range across or drop down onto the CUP. This has Strong support and could possibly propel PA above thaT ATH line. We do need to also understand, there is a 618 Fib circle at this intersection and that may not be easy to break through. But PA has often searched out intersections of resistance to break through and so I am looking to this as the way forward. The 2.618 Fib Ext on this chart may also offer support at around 98K if we loose support higher. The RSI is already dropping from OverBought and so will probably continue to do so till we reach Neutral / Over Sold again. And the Daily MACD, is also turning Bearish, But as mentioned before, this is possibly repeating what happened in Nv 2024 See the Arrow on the left...The Histogram is the one to take note of. Two Green peaks and then a red Dip We have just begun the Red bit after the two Green peaks. The scale is larger here and so we may have to wait longer till we return out of the green. In 10 dayts, we will be near end of month So, for me, this week will be possibly Red but towards the end of the month, things will begin to move higher. All depends on PA following expected patterns and that does not always happen We can only look, plan and react.
INDEX:BTCUSD
by Orriginal
Bitcoin Daily update , MACD & RSI - whats possibility short Term Bitcoin has reached above the next Fib circle. You can see how PA reacts to these by looking back For me, I can see PA sliding down the 618 Circle we currently sit on until we reach that dashed line that shows the lower line of support of the rising channel. We reach that around 17 May if we range sideways, slide along fib circle. It could also be said that the 1.5 "local" Fib extension is what is offering Support here and the same date is used for when PA reached that dashed line of support. Which ever option you choose, PA has support here and we should remain around this area unless the inflation figures released TODAY are not good Why will PA range and not continue to Rise ? RSI is up in overbought This can range high and we need to watch and see if the RSI bounces of its own MA ( yellow line) The Daily MACD is showing a desire to turn Bearish. for the 2nd time, it is curling over and not just pushing higher as previously. This is NOT an over all Bearish signal to me but one that shows that PA is pushing hard against resistance. See how the histogram has reduced in size The 4 hour MACD is still falling Bearish, recovering from the previous pushes. In conclusion The combination of a High RSI and Weakening MACD leads me to think that PA will Range across at best for a while, Till the 4 hour MACD reverses and climbs, Maybe with small Dips and Troughs. If BTC Looses 100K, that is a big mental blow and I think the Bulls will try and avoid this. However There is a possibility that we could drop back to the Low around 82K by the end of this month. I think this is a low possibility and I will post a report on this today but it is Good to look at all possibilities. Long Term still Very BULLISH
INDEX:BTCUSD
by Orriginal
$btc #Bitcoin at a pivotal test on the weekly RSIWatching for rejection of the RSI weekly trendline for this bull run. The bearish divergence on this timeframe is obvious but I feel the trendline is what to watch. If we can break through that trendline on the RSI I believe we can at least hit 52k till our next retest. These plays take a long time to work out due to the timeframe, but it shall be an interesting one as I feel that trendline is extreme resistance. Coupled with the 50wSMA rolling over....Im more bearish.
COINBASE:BTCUSD
by SmokeyCharts
3