Bitcoin's life and death lineAfter hitting the previous high, Bitcoin quickly retreated and has recently repeatedly tested the pressure level near 116,000. Only by breaking through this position can it continue to move upward to 118,000-120,000. On the contrary, if the support level of 113,200 is lost, it may pull back to the 110,000 line. Overall, the structure of the rising channel is still intact, and short-term fluctuations are more likely. The effectiveness of the breakthrough of 116,804 will determine the medium-term direction.
Btctechnicalanalysis
Is Bitcoin accumulating strength for an upward move or peaking? Bitcoin rebounded after hitting the minor support of the rising channel. The recent pattern is still in the stage of oscillation and accumulation, with the price running between the strong support level of 113200 and the strong resistance level of 116784. The bullish arrangement of the moving average and the engulfing pattern form a strong bullish resonance. The lows are also gradually rising, so this rebound is not over. Friends who opened long orders can continue to hold, with targets at 116784-118000-121000.
Can Bitcoin break through 120,000?The Bitcoin market as a whole showed obvious "flat consolidation" characteristics over the weekend. Today's price maintained a narrow sideways fluctuation pattern, with an upper and lower range of only about 1,000 points. The bulls and bears played a moderate game in the current range, and there was no obvious directional competition. The market is temporarily in a state of accumulation.
However, from a technical perspective, after Bitcoin successfully broke through the key resistance level at the 4-hour level, it did not pull back. Instead, it showed a trend of "continuously rising lows" - that is, the low point of each pullback is higher than the previous low point. This pattern is a typical signal of a bullish trend, indicating that the overall bullish power in the market is gradually accumulating, the short-selling pressure continues to weaken, and the market direction has shifted to the bulls.
Based on this judgment, there is no need to adjust positions due to short-term sideways fluctuations. You should continue to firmly hold the long positions you have established and remain patient to "let profits fly for a while." The short-term sideways movement is more of a post-breakout accumulation phase. Once the market digests the current range, it is likely to continue its bullish trend, further opening up upside potential.
I'm Matthew, an analyst focused on technical analysis. If you have any questions regarding specific operations or trend judgments, feel free to communicate and discuss with me at any time. Let's learn trading logic together and move forward steadily in the market!
Allow profits to continue growing.Today, Bitcoin's price movement has demonstrated a healthy rhythm of "testing - retracing - re-attacking": in the early trading session, it first moved upward to test the previous key resistance level, then proactively retraced to the lower support to confirm the validity of the breakout. After completing the correction, it once again launched a challenge to today's high. This retracement and correction trend not only digests the selling pressure from short-term profit-taking orders but also further accumulates the bullish momentum in the market. Compared with the previous oscillating pattern where "a breakout is immediately followed by a pullback", the current trend is more sustainable, laying a foundation for the continuation of the subsequent trend.
From the technical perspective of the hourly chart, there are clear bullish signals: the moving averages have formed an upward divergence pattern, and the price has always stood firmly above all moving averages. The moving average system has switched from a "convergent oscillation" state to a "bullish arrangement". This indicates that the short-term market has gradually broken away from the previous range-bound consolidation and officially transitioned to a bullish trend. Based on the current trend judgment, there is no need to rush to adjust the positions we established earlier in accordance with the strategy; we should continue to hold the existing positions and "let profits run".
If you feel confused about the future market trend, or if you have not yet made profits in such a market, follow me and leave me a message – let me help you resolve this issue.
Can Bitcoin still break through the highs?Today, Bitcoin's price has moved upward to test the key resistance level we mentioned earlier as expected, and this trend is fully in line with our previous strategic prediction of "exchanging time for space". Looking back at the previous market consolidation phase, we repeatedly emphasized that "there is no need to rush for short-term operations; let the bullets fly for a while" — this judgment was based on the understanding that the market needs time to accumulate momentum and wait for the trend to become clear. Now, as the price gradually reaches the target resistance level, the strategy of holding positions patiently in the early stage has reached a realization node. Currently, we can prioritize taking partial profits by closing some positions: this move not only locks in the considerable profits already obtained and avoids profit retracement caused by market pullbacks but also retains flexible space for subsequent operations.
From the perspective of subsequent market deduction, if the price is accompanied by significant volume expansionwhen testing the resistance level this time and successfully breaks through it, it indicates that the bullish momentum already has the energy to continuously drive the market. At this time, there is no need to rush to chase the rally; instead, we can wait for the price to retrace to confirm the validity of the breakout before following up to add positions and seize the new round of upward market. If the breakout fails to be supported by volume, we need to be alert to the risk of short-term pullback and maintain the existing positions for observation. In addition, we need to focus on the next resistance level above — around the 118,000 mark. This level is not only an important resistance zone formed by previous transactions but also highly correlated with market psychological expectations, and will become a core node for whether the subsequent market can further open up upward space.
If you lose your direction amid such market moves, you can follow me or leave me a message.
CAUTION: Bitcoin may top within the next 1-5 daysOn Sept 2nd I suggested that Btc would see a bounce into 1 of my 3 targets. Btc has now entered the first zone. I am now cautiously on the look out for a reversal within the next 5 days (by Sept 16th). This expectation is based on my previous chart published where I stated "there is a possibility, based on the 3 week down rule, that the reversal from my targets, may lead to a lower low to my T3 (below current low at 107.5K).
My Aug 31st call for a T2 bounce hit perfectly. But I hope I'm wrong about a drop to T3
If Btc can hold support above 123K I will become very bullish. Until then I remain cautious, becuase I don't want to round-trip my gains. Proper risk management is crucial for me.
Bitcoin Price Eyes Breakout as ETF Inflows Mirror ATH TrendBitcoin’s price is trading at $114,192 at the time of writing, facing resistance at $115,000. Sustained buying interest at this level will be crucial to trigger the next stage of upward movement.
If ETF inflows remain strong, BTC could flip $115,000 into support and rally toward $117,261 before targeting $120,000. This level would represent a critical milestone in Bitcoin’s ongoing bull cycle.
However, if the breakout attempt fails, Bitcoin may consolidate between $112,500 and $110,000. Such a pullback would invalidate the immediate bullish thesis but still keep BTC within its broader uptrend channel.
BTCUSD POSSIBLE BUY SETUP -----118K Break of Structure (BOS): Multiple bullish BOS indicate a trend reversal from bearish to bullish.
Change of Character (CHoCH): Confirmed trend shift early on.
Descending trendline broken: Signaling the end of bearish momentum.
Price broke above resistance (~$113,250): Now acting as a support zone (highlighted in green).
Current price: ~$114,272
Bullish target zone: Between $116,000 – $118,000, marked in maroon.
Bitcoin rises as expected how to trade next?After Bitcoin broke upward out of the descending triangle consolidation zone this time, it did not repeat the "breakout followed by a pullback" trend seen in previous days. In the past, after the price broke through key patterns, it often fell rapidly and returned to the oscillating range; however, after this breakout, the price has remained firmly above the support level at the upper edge of the descending triangle, forming an effective breakout confirmation, and the market's bullish momentum has significantly strengthened compared to before.
For those who followed the strategy to establish long positions near the support level earlier, they have now gained a floating profit of 2,000 to 3,000 points, and the short-term profit target has been initially achieved. From the current technical perspective, the primary resistance level above is concentrated around the 115,000 mark. This level is not only an intensive resistance zone formed by previous transactions but also overlaps with the psychological expectation of integer levels, so a certain amount of selling pressure is likely to occur here. Therefore, it is recommended to consider taking partial profits by closing some positions near this level: on the one hand, it locks in the profits already obtained to avoid profit retracement caused by market pullbacks; on the other hand, retaining some core positions allows you to seize further upward space if the price breaks through the 115,000 resistance level later.
If there are key changes in the market later—such as a breakout of key levels, a significant change in trading volume, or an adjustment in the trend direction—I will update the strategy and notify everyone as soon as possible to ensure that the operation rhythm is synchronized with market changes and help everyone cope with market fluctuations more steadily.
BTC Inverse Head and ShouldersThe chart clearly shows an inverse head and shoulders formation:
Left Shoulder: ~Aug 25 low.
Head: ~Aug 29 low.
Right Shoulder: ~Sep 5-7 low.
This is a bullish reversal pattern after a prolonged downtrend. The breakout above the neckline (around 113,200 – 113,500) confirms the bullish bias.
Fib & Extension Targets :
Immediate target: Fibonacci 1.0 extension ~119,600.
Extended target: 1.618 extension ~123,500.
These align well with previous resistance levels (early August highs).
Bitcoin Breaks Key Resistance – Upside Targets in Focus...Bitcoin has been consolidating below the $113,000 resistance level over the past few sessions. On the hourly timeframe, price has now successfully broken above this barrier and is sustaining the breakout.
📈 Trading Outlook:
* A pullback towards $113,000 could offer a favorable long entry opportunity.
* Upside Targets:
* First target: $117,000
* Second target: $122,000
The breakout and successful close above resistance suggest strong bullish momentum, provided price holds above the $113,000 zone.
Another upside breakout—can this rally continue?Bitcoin has broken upward again. However, for those who haven't entered the market yet, there's no need to rush into chasing the rally. Looking back at the characteristics of recent market trends, after the price made multiple breakout moves, it has been difficult to sustain the upward momentum, often followed by a rapid pullback. Blindly chasing high prices can easily leave you in a passive situation of being trapped in the short term.
As for those who have already established long positions near key support levels in line with the previous strategy, there's no need to adjust your positions frequently at present—just continue to hold firmly. From a technical perspective, if this breakout can effectively hold above the key resistance level, the subsequent upside potential of the market will be far beyond the current minor fluctuations. The short-term consolidation is more like a period of momentum accumulation before the trend begins. It is recommended that everyone stay patient, hold onto your positions well, and give the market sufficient time to develop—"let the bullets fly for a while."
I'm Matthew, an analyst focused on technical analysis. If you have any questions regarding specific operations or trend judgments, feel free to communicate and discuss with me at any time. Let's learn trading logic together and move forward steadily in the market!
A flat trend; continue with the previous strategy. Recently, the Bitcoin market has generally been trapped in a range-bound consolidation pattern, with trading activity remaining persistently low. The price has mainly fluctuated repeatedly within the narrow range of 110,000 to 113,000, failing to achieve an effective directional breakout. From the perspective of market performance, the occasional small-scale breakout moves seen earlier have all failed to sustain the trend; instead, the price quickly reverted to within the range. The competition between bulls and bears within this range has shown a temporary state of balance, and the market lacks clear driving forces to break the current deadlock.
Fortunately, however, in response to the current oscillating market, the long-position entry points we supplemented and advised on later are quite ideal. Based on this, there is no need to adjust positions at present, and we can simply continue holding. At the strategic level, we still adhere to the previous core idea of "exchanging time for space" — we will not rush to pursue profits from short-term fluctuations. Instead, through patient position-holding, we will wait for the market to complete sufficient consolidation within the range and for the balance between bulls and bears to be broken. Only then will a clear trending breakout occur, allowing us to further seize greater profit opportunities.
BTCUSD - Liquidity Grab Below? | FVG & Support Zones Analysis1H Chart Analysis
Bitcoin is currently trading around $111,361, showing signs of potential downside liquidity sweep before a larger move up.
🔴 Key Observations:
📍 FVG (Fair Value Gap) marked around $111,946 - $112,136:
Price has yet to fully mitigate this large imbalance from the recent aggressive sell-off. Expecting price to revisit this area either after sweeping liquidity or as part of a reversal move.
🔻 Downside Liquidity Pools:
There is clear liquidity resting below the current price, stacked around multiple support zones between $111,273 - $110,756. These levels are weak, and likely to be swept — classic inducement setup.
📉 Support Zones (Not Strong):
First zone: $111,273 - $111,035
Second zone: $110,979 - $110,871
These are reaction zones, not strong structural supports. Reversible price action might occur, especially mid-range around $111,078 - $111,035, where price may show temporary bullish signs.
🔄 Expected Scenario:
Minor push into FVG → rejection
Sweep of downside liquidity through weak support zones
Watch for bullish reversal signs post-sweep (possibly around macro news events marked on chart)
Potential full reversal targeting FVG fill and beyond (up to $112,496 - $112,613 resistance area)
⚠️ Key Levels:
Resistance: $112,496 - $112,613
FVG: $111,946 - $112,136
Mid-Reversal Zone: $111,078 - $111,035
Liquidity Sweep Target: $110,756 - $110,871
📅 Event Risk:
News catalysts could affect the price reaction — trade accordingly with proper risk management.
Follow for more,
Greetings,
MrYounity
Is the Btc 1D chart following an Eth 4 hr chart fractal?Is the Btc 1D chart following an Eth 4 hr chart fractal? Sure looks that way. This also adds confluence to the other Btc chart update I posted today, suggesting Btc would hit a lower low withing the next week. I hope I'm wrong for those of you that are long.
BTC LOWER LOW INCOMING?On Aug 9th I suggested a breakout pattern that would lead Btc (with the highest probability) to an ideal low around $108K. This was based on a repeating historical Btc pattern I discovered.
That pattern played out as anticipated and on Aug 31st I called the bottom at $107,300 and suggested a "bounce - incoming".
I've held this long since the bottom, but I believe the anticipated bounce may be ending soon. I am anticipating a reversal at the above targets on/or before Sept 18th
With the highest probability, this reversal will lead to a lower low (below $107K).
"IF" Btc holds support above $123K I will switch to a more bullish stance. Until then the stats point downward.
Trade safe and may the trends be with you.
perseverance leads to victoryToday, the Bitcoin market has shown a "first decline then rise" trend. the price first retraced to the previous key support level , and after receiving effective support, it quickly launched a rebound. From the technical chart, this rebound has successfully pushed the price upward to break through the upper edge resistance of the descending triangle pattern that it had been trading within previously. This breakout means that the previous convergent consolidation pattern has been officially broken, and the market's direction selection has initially been confirmed.
However, it is important to note that the volume release of the current rebound is not yet sufficient, and the upward momentum is relatively moderate. There has been no obvious upward surge with increased volume for the time being. In the follow-up, it may still take some time to absorb the profit-taking orders and locked-up orders after the breakout. Looking back at the recent strategy, we have repeatedly suggested the operation idea of "deploying long positions after the price retraces to the support level". If everyone executed according to this strategy, they are likely to have obtained a certain amount of floating profit by now. Regarding the subsequent resistance, the primary resistance level to focus on above is around 115800. This level is not only a previous intensive trading area but also has a certain psychological threshold attribute. It is necessary to focus on observing the breakout momentum of the price at this level and the coordination with trading volume.
Can Bitcoin break upwards?Currently, Bitcoin's price is trading within a typical "descending triangle" pattern. From a technical perspective, this convergent consolidation structure indicates that the battle between bulls and bears is approaching its end, and the market is likely on the verge of choosing a breakout direction. Considering factors such as recent changes in market volume, the supporting logic of gradually rising previous low points, and the flow of mainstream funds, I personally lean towards the view that the market will break out upward above the upper edge of this descending triangle in the future, initiating a new round of trending movement.
Based on this judgment, there is no need for us to adjust our positions frequently at present. We can continue to hold the long positions we have already established and remain patient while waiting for the confirmation of the breakout signal. However, a key reminder is essential: all market judgments carry uncertainties. It is imperative to set a strict stop-loss level for the held long positions in advance. This measure is to prevent unnecessary losses caused by failing to control risks in a timely manner if the market moves in an unexpectedly reverse direction, and to avoid disrupting the overall trading rhythm.
BTC Falling Wedge Breakout – Key Confirmation at 113.5K📊 #BTCUSDT Update
— #BTC cleared the liquidity around 107K and bounced back. ✅
— Currently, the price has formed a Falling Wedge and already broken it. Still, we need extra confirmation.
— If BTC breaks 113.5K with a strong bullish candle, we can expect higher levels as the next targets. 📈
BTC Bounce Incoming! Buy the Dip Before It Soars!
🚨 **BTC Dip-Buy Alert! 💎🚀**
**Buy the dip, ride the bounce!**
**📊 Market Bias:**
* Short-term: 🟡 Mildly Bearish / Neutral (price < SMA20/50, 1H/4H mixed)
* Medium-to-long-term: 🟢 Bullish (price > SMA200; key support 101,640–106,900)
* Strategy: Controlled **mean-reversion long** from lower BB → mid/upper BB
**💵 Trade Setup (Enter at Open):**
* **Direction:** LONG
* **Entry Range:** 109,800 – 110,500 (Ref: 110,080)
* **Stop Loss:** 106,900 (hard stop, optional widen to 106,500)
**🏹 Take Profit / Tiered Exits:**
* **TP1 (30%):** 111,786 ⚡ (SMA20 / BB mid)
* **TP2 (50%):** 116,672 🟢 (BB upper / primary target)
* **TP3 (20%):** 120,000 🚀 (extension if momentum resumes)
**💡 Position Sizing Example:**
* Risk 1% of account → For \$100k: \~0.314 BTC
* Max Risk: 1–2% portfolio
* Leverage: 3–5x if using margin; avoid >10x
**📈 Confidence:** 59% ✅ (moderate, controlled risk)
**⚠️ Key Risks:**
* Daily close <106,900 or break under SMA200 (101,640) → bearish flip
* Macro shock, DXY surge, or equity sell-offs may override technicals
* Missing Open Interest data → possible crowding/liquidation risk
* Rapid funding spikes / large OI → potential short squeeze
**💎 Trade Rationale:**
* Price in corrective pullback inside long-term bull (above SMA200)
* MACD histogram improving 📊
* RSI leaves room for mean-reversion
* Favorable risk/reward from lower BB → BB upper (\~116.7k)
**⚡ Execution Notes:**
* Enter at market open
* Use tiered TPs
* Strict stop & position sizing
---
📊 **TRADE DETAILS**
🎯 Instrument: BTC
📈 Direction: LONG
💰 Entry Price: 110,080
🛑 Stop Loss: 106,900
📊 Size: 0.314 BTC
💪 Confidence: 59%
⏰ Entry Timing: market\_open
🕒 Signal Time: 2025-09-07
“BTC/USDT at Crossroads Key Levels to Watch🔎 Chart Analysis – BTC/USDT (45m)
Resistance Zone: Around 112,586 – 113,200 USDT. Price has tested this area multiple times but failed to break out, confirming strong selling pressure.
Support Zone: Around 107,529 – 108,400 USDT. Buyers have consistently defended this zone, making it a key demand area.
Current Price: 110,720 USDT, sitting in the middle of support and resistance.
📌 Scenarios:
Bullish Case 🟢🚀 – If BTC breaks above 112,586 USDT, momentum could push toward 113,500+ USDT.
Bearish Case 🔴📉 – If BTC fails to hold 109,349 USDT, price may retest the deeper support around 107,500 USDT.
⚖️ Trading Plan Idea:
Long Entry: Above 112,600 breakout ✅
Short Entry: Below 109,300 breakdown ❌
Target Zones:
Upside 🎯 → 113,500+
Downside 🎯 → 107,500






















