Latest BTCUSDT Update TodayBitcoin surged to an incredible $122,056 by the close of trading on August 11, once again challenging the key resistance level of the world’s leading cryptocurrency. But this isn’t just any number—this is the Fibonacci 1.618% extension, known as the "golden ratio" in technical analysis.
The golden ratio originates from two major market bottoms: the 2018 bear market low and the 2022 bear market low. For those who have tracked Bitcoin through various cycles, these timeframes mark the darkest periods in the history of the cryptocurrency market.
In my view, Bitcoin surpassing new highs is just a matter of time after a month of accumulation. I’ve witnessed strong ETF inflows, more companies buying Bitcoin, and positive remarks from the White House.
While Bitcoin struggles with resistance, Ethereum is on a completely different trajectory. According to TradingView data, ETH has tripled from $1,435 in April to its current price of $4,315.
Bitcoin’s volatility is still near all-time lows, while Ethereum has seen a significant increase. Just a month ago, the market predicted a 5% chance for Ethereum to reach $4,500 in August, but now everything has changed.
Many traders are betting on ETH revisiting its all-time high.
The simultaneous price surge of Bitcoin and Ethereum has pushed the total cryptocurrency market cap to a new record high of $4.14 trillion. This number reflects the strong recovery of the entire blockchain industry after a challenging phase.
With the strong rally this weekend, we expect Bitcoin and Ethereum prices to continue rising, unless there are any tariff shocks.
Will Bitcoin break through and challenge its all-time high? Stay tuned!
BTCUSDT
BTC/USD – Key Support Retest & Potential Breakout Zone | Current Price Action:
Trading near 118,543, price has broken below the yellow consolidation zone (~119,000) and is showing short-term weakness.
Resistance Levels:
Immediate resistance at 119,284, then 119,841, with stronger supply zones at 120,900 and 121,545.
Support Levels:
First support at 117,923, followed by 116,495. A breakdown of 117,923 could accelerate selling pressure.
Trend Outlook:
Short-term bias is bearish after repeated rejections from 119,284–119,841 zone; lower highs are forming.
Trading Bias:
Bullish: Break & hold above 119,284 → targets 119,841 / 120,900.
Bearish: Sustained trade below 117,923 → opens path to 116,495.
Bitcoin Monthly Update + Top Altcoins Choice, Your PickThis is a monthly Bitcoin chart and is really interesting, it supports without a shadow of doubt a strong continuation and bullish bias.
First, the month started red but is now green. This is always a strong signal when the action starts bad but recovers quickly during the month just to end up good. Starts red to end up closing green.
Bitcoin also closed four consecutive months green. This one will be the fifth month. Since the bears already gave everything trying to push prices lower and failed, we know higher prices are guaranteed next.
We also know this because Ethereum just hit its highest price since December 2021, near the top of the last bull market. Now we have Bitcoin, XRP and Ethereum, the top three Cryptos and the biggest projects, moving forward and doing great.
It is only natural. It is the logical sequence, the smaller pairs/projects will do the exact same.
Just as XRP gained in bullish momentum and hit a new all-time high, to follow Bitcoin, Ether did the same. Then we have Solana and Cardano, Dogecoin, Toncoin, Polkadot, Shiba Inu, Avalanche, Notcoin, Chainlink, Bitcoin Cash, Uniswap and the rest.
They are preparing to grow now and are bullish now. Ready to grow and strong.
No more retraces, no more corrections; the 2025 bull market wave & bull run is getting close.
The next immediate target is $137,206. Notice how the $122,630 target on this chart was hit perfectly. So these numbers are good and work long-term.
» After $137,206, Bitcoin is set to hit $155,000.
(Leave a comment with your Top Altcoins Choice, I will do an analysis for you!)
Thank you for reading.
Namaste.
BTC 1H Analysis – Key Triggers Ahead | Day 8💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing BTC on the 4-hour timeframe , Bitcoin is pushing toward its all-time high with a massive, high-volume whale candle .
👀 After breaking through its resistance zones, Bitcoin surged toward its ATH but faced rejection and selling pressure near that level. Key potential support areas are the 25 and 99 moving averages, marked in yellow and sky blue on the chart. The 25 MA is close to the 0.61 Fibonacci level, around $118,000, and is moving toward the average of the last 25 candles. A reaction to this moving average could indicate whether Bitcoin will rebound or drop further .
⚙️ Bitcoin’s key RSI zone is at 55.25, which corresponds to the $118,000 range. Breaking below this could push RSI under 50 .
🎮 Fibonacci retracement drawn from the breakout and pullback of the V-pattern shows that the 0.13 and 0.23 levels failed under selling pressure, sending BTC toward lower support levels. The current support based on Fibonacci is at 0.37. If this is lost, BTC could range on the 4-hour chart between 0.37 and 0.61 .
✉️ Tomorrow at 8:30 AM New York time, the official CPI (Consumer Price Index) report will be released by the U.S. Bureau of Labor Statistics. This news can significantly impact the crypto market — if inflation decreases, purchasing power rises , and Bitcoin could set a new all-time high .
🕯 BTC trading volume and activity are strong in both directions. Each price surge is followed by a quicker consolidation, and corrections occur under selling pressure .
🔔 An alert zone is set at the 0.13 Fibonacci level to observe price behavior when it reaches that point, then decide on the best course of action .
📊 A break below Tether dominance at 4.10% would signal a long position on BTC, while a break above 4.20% could lead BTC into a deeper correction .
🖥 Summary : Tomorrow’s CPI news could spark large, powerful candles and potentially a new ATH for Bitcoin. If U.S. inflation increases, stronger selling pressure is possible. There’s no specific trigger for this current level, but breaking 0.13 will prompt me to open a position — or at least take trades on altcoins with a bullish correlation to Bitcoin .
BTC Bitcoin Among My Top 10 Picks for 2025 | Price TargetIf you haven`t bought BTC Bitcoin before the recent breakout:
My price target for BTC in 2025 is $125K, driven by the following fundamental factors:
Regulatory Developments Favoring Adoption:
The anticipated regulatory shifts in the United States are expected to create a more favorable environment for cryptocurrencies. With the potential for pro-crypto policies under a new administration, including the establishment of Bitcoin as a strategic reserve asset by major nations, investor confidence is likely to increase significantly. Analysts suggest that such developments could drive the total cryptocurrency market capitalization from approximately $3.3 trillion to around $8 trillion by 2025, with Bitcoin poised to capture a substantial share of this growth.
Increased Institutional Demand through ETFs:
The launch of Bitcoin exchange-traded funds (ETFs) has already begun to transform the investment landscape for Bitcoin, making it more accessible to institutional and retail investors alike. Following the successful introduction of multiple Bitcoin ETFs in 2024, analysts project that inflows could exceed $15 billion in 2025, further boosting demand for Bitcoin. This increased accessibility is expected to drive prices higher as more investors seek exposure to the asset class.
Supply Constraints from Halving Events:
Bitcoin's supply dynamics are fundamentally bullish due to its halving events, which occur approximately every four years and reduce the rate at which new Bitcoins are created. The most recent halving in April 2024 has led to a significant reduction in supply inflation, creating scarcity that historically correlates with price increases. As demand continues to rise while supply becomes more constrained, this fundamental imbalance is likely to support higher prices.
Growing Adoption as a Store of Value"
As macroeconomic conditions evolve, including persistent inflationary pressures and potential monetary policy easing, Bitcoin is increasingly viewed as a viable store of value akin to gold. This perception is bolstered by its finite supply and decentralized nature, making it an attractive hedge against inflation. Analysts suggest that as more investors turn to Bitcoin for wealth preservation, its price could see substantial appreciation
Support and Resistance Areas: 114454.57-115854.56
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(BTCUSDT 1D Chart)
The K indicator on the StochRSI indicator appears to have entered the overbought zone, leading to a change in slope.
Therefore, the upward trend appears likely to be constrained.
-
We need to confirm whether the price falls within the range indicated by the index finger.
The key question is whether there is support around 114454.57-115854.56.
If it declines, it is likely to continue until it meets the M-Signal indicator on the 1W chart.
At this point, we need to check for support around 108353.0.
This period of volatility is expected to occur around August 13th (August 12th-14th).
The start of a stepwise uptrend is likely to occur only after it rises above 119177.56.
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Thank you for reading to the end.
We wish you successful trading.
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- This is an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)
I will explain in more detail when the bear market begins.
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#BTC #BTCUSD #BTCUSDT #BITCOIN #Analysis #Eddy#BTC #BTCUSD #BTCUSDT #BITCOIN #Analysis #Eddy
I have identified the important supply and demand zones of the higher timeframe for you.
This analysis is based on a combination of different styles, including the volume style with the ict style.
Based on your strategy and style, get the necessary confirmations for this analysis to enter the trade.
Don't forget about risk and capital management.
The responsibility for the transaction is yours and I have no responsibility for your failure to comply with your risk and capital management.
💬 Note: This is just a possibility And this analysis, like many other analyses, may be violated. Given the specific circumstances of Bitcoin, it is not possible to say with certainty that this will happen, and this is just a view based on the ICT style and strategy with other analytical styles, including the liquidity style. (( The fall of Bitcoin may not change the trend of altcoins and money will move out of Bitcoin and into altcoins, and we will see altcoins grow. ))
Be successful and profitable.
#BTC #BTCUSD #BTCUSDT #BITCOIN #LONG #SWING #Analysis #Eddy#BTC #BTCUSD #BTCUSDT #BITCOIN #LONG #SWING #Analysis #Eddy
BTCUSDT.P Swing Long Analysis With Entry Point
This is my first possible scenario and analysis of Bitcoin's future trend.
This Analysis is based on a combination of different styles, including the volume,ict & Price Action Classic. (( Head & Shoulder Pattern ))
Based on your strategy and style, get the necessary confirmations for this Swing long to enter the trade.
Don't forget risk and capital management.
Entry point already touched : 🟢 79285.50
The responsibility for the transaction is yours and I have no responsibility for not observing your risk and capital management.
🗒 Note: The price can go much higher than the first target, and there is a possibility of a 500% pump on this currency. By observing risk and capital management, obtaining the necessary approvals, and saving profits in the targets, you can keep it for the pump.
Spot Investing : ((long 'buy' position)) :
🟢 Entry 1 : 79285.50
🟢 Entry 2 : 61845.77 (( This Entry is for secound scenario ))
First entry point calculations :
⚪️ SL : Behind the last shadow created.
⚫️ TP1 : 250000 ((215.32%))
⚫️ TP2 : 500000 ((530.63%))
⚫️ TP3 : 999000 ((1160.00%))
‼️ Futures Trading Suggested Leverages : 3-5-7
The World Let it be Remembered...
Dr. #Eddy Sunshine
4/4/2025
Be successful and profitable.
Do you remember my first Bitcoin swing long signal entry & targets?
My first swing long signal was provided on BTC, which was spot pumped by more than 150% and was profitable :
btc buy midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
BTC Elliott Wave medium term analysisCRYPTOCAP:BTC is still consolidating, as shown on the charts.
The structure is shaping up like a classic Elliott Wave 1–2–3–4–5 pattern, with the 4th wave now in play.
This could mean another retest of $110,500 before launching into the final, larger 5th wave 🚀.
The 4th wave might present a solid long entry opportunity heading into the 5th.
📊 DYOR – trade safe.
TradeCityPro | Bitcoin Daily Analysis #150👋 Welcome to the 150th Bitcoin Analysis on TradingView by TradeCity Pro!
I am very happy that the number of daily Bitcoin analyses has reached 150. I hope the analyses have been useful so far and that you have been able to benefit from them. On this occasion, I want to present a complete and comprehensive analysis of Bitcoin.
📅 Weekly Timeframe
On the weekly timeframe, Bitcoin has been in a very strong uptrend since early 2023. After breaking the 24512 resistance, it made several sharp moves and, in multiple bullish waves, managed to register a new ATH in the 120000 zone.
✨ At the moment, it can be said that Bitcoin is in the seventh wave of its trend, which is quite a high number. The more waves a trend has and the more it shows signs of weakness, the higher the probability of a trend reversal.
📊 Regarding volume, there is not much to say because over time, Bitcoin’s trading volume on Binance has decreased. The reason is partly due to Binance exiting certain countries, and partly due to the growth of the DeFi space, where a significant percentage of trading now happens on DEXs, naturally reducing CEX volume.
⭐ However, if we compare the magnitude, slope, and candlestick size of the bullish waves, the trend weakness is clearly visible. But this does not mean the trend will reverse.
🧩 Many trends, even after showing weakness, continue for several more waves. If this happens for Bitcoin on the weekly timeframe, we can still take many long positions in futures during those waves.
💥 Therefore, this trend weakness is not a solid reason to avoid opening long positions for now. I still believe long positions in futures take priority over short positions.
🛒 For spot, if you have already bought Bitcoin, I suggest you keep holding for now. We can take profit after confirming the trend, but for now, it is better to hold.
🎲 However, for spot buying at current prices, I do not recommend it because it is not worth it. It is better to open futures positions to get a more reasonable profit.
🔔 Now that the 110000 resistance has been broken, the next targets are 128000 and 162000. If RSI enters the Overbought zone, these targets will be within reach.
📅 Daily Timeframe
In the last analysis I shared for this timeframe, the price was in a correction phase, and I mentioned that as long as the price is above 110183, the trend is bullish, and the probability of upward movement is higher than a drop.
🔑 That’s exactly what happened — the price formed a higher low above 110183, and RSI bounced from near the 38.21 support level and moved upward.
🔍 We had a Maker Seller zone between 120000 and 122000, and now the price has penetrated into it.
🔼 It seems to be getting rejected from the top of this zone and today failed to break it. Now we need to see what happens during the New York session.
✔️ In my opinion, it is unlikely that the price will break this top today. The market will probably wait for the U.S. inflation data release tomorrow before deciding on the next move.
📊 If inflation comes in higher than expected, the market will re-enter a correction phase, likely dropping back toward 110183.
📈 If inflation is lower than expected, Bitcoin can break the 122000 resistance and start a new bullish leg.
⏳ 4-Hour Timeframe
On this timeframe, Bitcoin finally broke through the Maker Seller zone it had formed, with a strong bullish candle. After RSI entered the Overbought zone, a Blow Off candle was printed near the 122733 resistance.
☘️ Currently, given the recent red candles, it appears that RSI’s entry into Overbought was a fake-out, and the price has pulled back to 120041.
⚡️ There is a possibility that the price could resume its upward movement from here, as the 120041 zone is an important level that can prevent further declines. In this scenario, the price would also have completed a pullback to the SMA7.
💥 If a deeper correction occurs, the next dynamic support is the SMA25, which is also an important momentum support.
📉 The lower static support levels for Bitcoin are currently 116829 and 115364.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
BTC is heading to $130k+After 4 weeks of consolidation and strong liquidity grab from the weekly support BTCUSD started to rise to the upside with a bullish trend continuation showing possible upside bias. As 4h bull flag has broken the support and price started to trend, we may see this instrument reaching to $130k+?
A possible bullish trade is high probable!!
Analytics: market outlook and forecasts
📈 WHAT HAPPENED?
At the beginning of last week, Bitcoin reached the resistance level of $115,000-$116,300 (a mirror volume zone) and experienced a quick correction. However, at this level, there was a strong absorption of sales, as the volumes clearly indicated active buys, and by Wednesday, the focus shifted towards long positions.
The only surprise was a slight stop in the $117,600-$118,600 zone (accumulated volumes). In general, we passed it with almost no resistance, which is a sign of buyer strength.
An additional catalyst for growth was President Donald Trump's executive order on August 7, which allows Americans to invest in cryptocurrency through their retirement accounts. This decision could pave the way for a multibillion-dollar influx of new funds into the cryptocurrency market.
💼 WHAT WILL HAPPEN: OR NOT?
Now we’re almost close to the ATH, but at the moment there is a small resistance in the range of $121,500-$122,300. It’s not yet clear in which direction the volume will move, but in case of a breakout of the ATH, this zone can become the nearest support in the case of a correction.
If sells are activated at the current levels, it’s worth paying attention to the level of ~$120,000 (pushing volumes). In this case, a local sideways movement is possible between the level of ~$120,000 and the zone of $122,300-$121,500.
Buy Zones:
~$120,000 (pushing volumes)
$117,500–$116,000 (accumulated volumes)
$115,300–$114,000 (accumulated volumes)
📰 IMPORTANT DATES
On macroeconomic events this week:
• August 12, Tuesday, 12:30 (UTC) - publication of the basic consumer price index (CPI) of the United States for July, as well as in comparison with July 2024;
• August 13, Wednesday, 6:00 (UTC) - publication of the consumer price index (CPI) of Germany for July;
• August 14, Thursday, 6:00 (UTC) — publication of the UK's GDP for the second quarter and for June;
• August 14, Thursday, 12:30 (UTC) — publication of the number of initial unemployment claims and the US producer price index (PPI) for July;
• August 14, Thursday, 23:50 (UTC) — publication of Japan's GDP for the second quarter;
• August 15, Friday, 12:30 (UTC) — publication of the volume and base index of US retail sales for July.
*This post is not a financial recommendation. Make decisions based on your own experience.
#analytics
$BTC Market Outlook – Repeating Pattern?CRYPTOCAP:BTC Market Outlook – Repeating Pattern?
Bitcoin appears to be following the same repeating pattern we saw back in May–June 2025. On the Daily timeframe, a clear bull flag is forming, with both MACD and RSI confirming the setup.
In the previous instance, the pattern included two pullbacks before a strong rebound.
Currently, we’ve already seen a bounce off the 50 EMA, which acted as solid support.
You can clearly see the striking similarities, with both the MACD and RSI showing the same bearish divergence.
If history repeats itself, the likely scenario is:
Rejection near the top resistance at $119.5k
Pullback toward the 100 EMA to find support, signaling the end of the correction
The structure is mirroring the earlier move almost perfectly.
Key support levels: $115.6k, $112k, $109k, and in case of a deeper (low probability) pullback: $104k
Key resistance levels (possible rejection zones): $119.6k, $122.2k
If $122.2k is broken, we could be looking at a new ATH.
DYOR 📊
BTCUSD nearby ATHBTCUSD nearby ATH
Recently Bitcoin surged on 2.3 % after reports that President Trump plans to sign an executive order allowing crypto and other alternative assets into 401(k) retirement accounts. The order directs the Labor Secretary to work with the Treasury, SEC, and other regulators to revise ERISA guidance, which typically excludes assets like crypto, real estate, and private equity from retirement plans, aiming to reduce legal barriers for their inclusion.
Technically, the bitcoin is nearby ATH at 123,250.00. Price has developed a new bullish momentum and is ready to grow further with possible target at 130,000.00.
Bitcoin 1H Chart – Analysis
Current Momentum – Strong bullish breakout above key resistance zones 119,841 and 120,899, indicating aggressive buying pressure.
Immediate Resistance – Price is now approaching 122,733–123,196, a heavy supply zone; possible short-term profit booking area.
Support Levels – Nearest support now sits at 120,899, followed by 119,841. Holding above these keeps momentum intact.
Market Structure – Clear higher highs and higher lows; trend remains bullish unless price breaks below 119,284.
Trading Plan – Ride the uptrend with trailing stops; watch for reversal signals at 122,733–123,196 or continuation breakout above 123,200 for fresh upside.