Bitcoin - Can the bulls defend this support?Introduction
After reaching its all-time high, Bitcoin has faced strong rejection, falling from $124.5k down to $113k with notable bearish volume behind the move. On this downward path, several four-hour bearish Fair Value Gaps (FVGs) were left open, signaling areas of inefficiency that the market may look to revisit. At present, Bitcoin is testing a critical support zone formed by overlapping daily and four-hour FVGs. This support level is of particular importance because holding it could provide the foundation for renewed bullish momentum and a potential recovery in price action.
Bullish scenario
For the bullish case to unfold, Bitcoin must successfully maintain support in the $111.2k to $112.7k range, which represents the current four-hour FVG. This zone serves as a pivotal point where buyers need to defend price in order to keep upward potential intact. If the market stabilizes here, the next logical target will be the four-hour bearish FVG just above. In order to confirm strength, Bitcoin would need to close a clear four-hour candle above this resistance, effectively flipping it into support. Should that occur, it opens the door for price to climb toward the $120k region, a level that would reintroduce confidence among bulls and suggest that the broader trend could still have room for continuation.
Bearish scenario
On the other hand, the bearish scenario becomes more likely if Bitcoin fails to defend the $111.2k to $112.7k four-hour FVG and instead flips this zone into resistance. While a breakdown below this area would be concerning, there is still the possibility of a short-term bounce. In such a case, price could retrace back upward toward the bearish four-hour FVG at $114.7k before facing another critical test. If Bitcoin rejects strongly from that zone and subsequently breaks below $111.2k, the market could experience further downside pressure, potentially setting up a deeper correction. This would reinforce the dominance of the ongoing downtrend that has followed the rejection at the all-time high.
Final thoughts
Bitcoin remains in a pronounced downtrend after its sweep of the previous all-time high, yet it currently sits at a strong support level that offers a chance for recovery. The market’s reaction to this support area will play a decisive role in determining whether a rebound toward $120k is achievable or whether a deeper decline is imminent. The four-hour FVG around $114.7k stands out as a key battleground between bulls and bears. If buyers can reclaim and hold this level, momentum could shift back in their favor, but if sellers defend it and force price lower, the bearish trend is likely to persist.
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Cryptocurrency
Could Bitcoin continue to be bearish?
Hi my dears
We are at your service with a risk analysis.
The only important thing is that the condition stated on the chart occurs. If the price does not break the orange level you have specified, the trade will not be opened and you should just watch. Wait and keep the condition in mind. If the condition is met, there is a possibility of further decline in the price of Bitcoin.
What do you think, friend? Please share your opinion with us.
BITCOIN Are the 0.5 Fib and 1D MA100 coming to the rescue?Bitcoin (BTCUSD) has been trading within a Channel Up pattern for exactly the past 4 months (since April 22) and the recent correction off its All Time High (ATH) has broken below the 1D MA50 (blue trend-line) for the first time since July 02 and is about to test the 1D MA100 (green trend-line).
The 1D MA100 has been intact since the day the Channel Up started so it is on its own a strong Support. It gets stronger though, considering that this is where the 0.5 Fibonacci retracement level is from its ATH, which is exactly where BTC rebounded (and priced the previous Higher Low) on June 22.
As you can see, there is a very high degree of symmetry among the Bullish and Bearish Legs of the Channel Up and the 0.5 Fib is -11.09% from the recent High, which is again the % correction of BTC's last Bearish Leg.
Notice also the similarities between the Bearish Legs' fractals, being on Lower Highs and Lower Lows. A new Lower Low now, would potentially signal the bottom.
As far as the next Bullish Leg is concerned, based on the previous one, we can expect a rise to the 1.5 Fibonacci extension, which is at $140000.
Do you think history will be repeated once more? Feel free to let us know in the comments section below!
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ZRX/USD Main trend. Channel. Fractal.Logarithm. Time frame 1 month. Main trend. Idea for long-term trend orientation on a large timeframe.
0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets in the Ethereum blockchain without relying on centralized intermediaries such as traditional cryptocurrency exchanges.
The price has fallen by -93% from the high of pumping. Pump/dump channel. Possible fractal recurrence based on the logic of the previous secondary trend. The potential is quite significant.
Suitable for position trading. Rational to work from the average buy/sell price. The price is approaching the zone of previous lows, but the slippage can be by a significant percentage at the moment of “fear peak”.
Trading volume. Holder Addresses.
Pay attention to the minimum trading volume of the last year (this whole downtrend) compared to the past cycles. To understand why it is so, trace the main mass of large and medium addresses of this coin. Activity, time of creation.
This is what it looks like on a line chart if the “market noise” is removed.
What is the horizon of XRP ? The given line chart illustrates that long-term trend has been clearly upward from nov,2024 by now. After a rapid growth on july 2025, it hit a peak at 219$, then it collapsed to 162$, a strong support line which stopped already chart for many times. Now, chart is inside a triangle and it is fluctuating there between 195 and 162$.
Given these facts, until XRP is between 195 and 162$, it does not expect that it can experiencer an serious increase or decrease. If it can break above the resistance level, 195$, there is opportunity to increase to top of the canale. On the other hand, If it breaks below the support level, 162$, it would decline to the bottom of the canal.
Therefore, the charts id in very crucial condition, and everything depends upon the first break that will it occur through the top or bottom.
SUIUSD Strong Buy Signal approaching targeting $10.Sui (SUIUSD) has been pulling back lately and is close to its 1W MA50 (blue trend-line).
The long-term pattern is a 2-year Channel Up and since its last Higher High, a break below the 1W MA50 has been the most optimal buy signal technically.
With the 1W RSI already on Higher Lows similar to both previous Channel Up bottoms, we expect the price to start its final strong rally towards the pattern's Top (Higher Highs trend-line) again. Our Target is $10.00.
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BTC 108-110K Vital area is TestingMorning folks,
Not many things to say for now, as major problem stands in fundamental area - US liquidity drought. S. Bessent grabs everything that he could and even more. He already finished RRP source totally and now US Treasury intends to put his hands in Banking Reserves. They still need ~ 350 Bln for their TGA Fed account and another 250Bln of net debt borrowing.
The major question whether BTC will able to hold this? So we do not want to take part in this adventure, especially with Jackson Hole meeting right around the corner.
We suggest to watch for market reaction on this support area and rely on clear patterns. If somehow this area will be broken, BTC could return back into 80-100K trading range. Many things will depend on close price of this week.
So, stay aside for now.
Bitcoin going back homeMy analysis indicates that there is a high chance that Bitcoin starts a major correction right now.
This is not financial advice; do your own research.
Price should plummet ~30% in the next 6 weeks.
This idea can be totally wrong, and the upside move can continue, but the probability makes it worth it for me to take the risk, so I'm going short.
What do you think will happen in the next 6 weeks?
A. We will see a new ATH.
B. Nothing will happen; the price will go sideways.
C. The price will break down the 100k support.
Let me know in the comments.
BTCUSD set to rise $124482?BTCUSD trade setup for today :
Before we look at potential entry in this pair first let’s look at multiple timeframe analysis in this market.
Monthly: 124482 Monthly resistance price has got rejection strongly from the top
Weekly: Price has just got just broken out of the support
Daily: Price on the daily significant support level
Entry timeframe 4H : Price has printed 4h has got rejected strongly from the daily support level.
Possible trade recommendation : Bullish trade with high probability set up
BITCOIN 2020 fractal gives huge buy signal now.Bitcoin (BTCUSD) broke below its 1D MA50 (blue trend-line) emphatically for the first time in 2 months, sounding short-term fear alarms ahead of the key macroeconomic news of this week. The 1D RSI hit 40.00 however, which has been an automatic buy on both major recent lows (August 01 and June 21).
Short-term aside, it is a fractal from BTC's last Cycle in 2020 (chart on the right) that perhaps offers the most comprehensive long-term outlook, which is what has always helped us maintain an objective, stress-free perspective.
As you can see, both today and 2020 fractals display not only similar price actions but also RSI sequences. Even though naturally the 2020 rebound on the Pivot trend-line has been way more aggressive as the market was still recovering and adjusting the price from the COVID crash, today's price action display's similar phases but in a more sustainable rise.
Based on the RSI fractals, we could be in similar phase as early December 2020. This suggests that there is still upside potential that may extend to as high as 150 - 170k before this Cycle is over.
Do you think that this is a solid Profit Zone for the Cycle? Feel free to let us know in the comments section below!
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Bitcoin possible correction?📈 Hey Traders!
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Let’s grow together and keep it simple. 👊
Will Bitcoin Able to Breakdown Below $111,950?On the daily timeframe, Bitcoin CRYPTOCAP:BTC is showing signs of potentially forming a Double Top reversal pattern , indicating a possible trend shift from bullish to bearish. Should the price break below $111,950, Bitcoin could decline toward the $104,320 range, which also coincides with a fair value gap area.
Although the liquidation map from Coinglass highlights liquidation clusters between $110,841 and $111,905, traders and investors are advised to remain cautious in anticipating Bitcoin’s volatile price movements.
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
After setting a new high, Bitcoin failed to hold above the broken resistance zone and was rejected, falling back below the previously breached level.
The ascending trendline has also been broken, and price is currently attempting a pullback to the broken structure. As long as BTC stays below the resistance zone, we expect a move lower toward the next key support levels.
Bigger picture outlook remains bullish on higher timeframes, but in the short term, a deeper correction is likely.
Invalidation: A strong breakout and daily close above the resistance zone would negate the bearish short-term scenario and resume the broader uptrend.
Don’t forget to like and share your thoughts in the comments! ❤️
ENAUSD 1D Golden Cross targets 1.10500.Ethena (ENAUSD) has been trading within a Triangle pattern ever since it's very start and since the June 22 Low it's been unfolding the new Bullish Leg
Following the formation of a 1D Golden Cross (August 08), this sequence resembles the November 28 2024 Bullish Cross, which was the pattern's previous Bullish Leg that peaked just above the 0.9 Fibonacci retracement level.
Based on that, our short-term Target is 1.10500 right at the top of the Triangle.
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SOLUSDT: Elliot waves Analysis Hello. As you can see in the Solana chart, the analysis is based on Elliott waves in the long term. This is only a perspective and cannot be the basis for trading, but it seems that after reaching the deadline area, we can expect a continuation of the correction for wave C. So keep this perspective in mind, as it is possible.
BITCOIN Below its 1D MA50. Is there any Support?Bitcoin (BTCUSD) broke today below its 1D MA50 (blue trend-line) for the first time since July 02, having previously rebounded on it (August 02) on a perfect technical bounce that delivered a new All Time High (ATH).
Naturally, the 1D MA50 is the first medium-term line of Support and last time it broke convincingly, the price found a bottom (June 22) closer to the 1D MA100 (green trend-line). That was during BTC's previous Accumulation Phase of the 4-month Channel Up.
If that pattern is repeated, then Bitcoin's next Support could be within 112000 - 111000. On top of that, it would be useful to keep an eye on the 1D RSI, which is printing a pattern similar to he previous Accumulation Phase that bottomed on the 39.00 level.
As far as the next High is concerned, if it repeats the +22.72% rise that the previous Bullish Legs delivered from the 1D MA50 contact, then we're potentially looking at $137000 as the pattern's next Higher High.
So what's your view? Do you think the 1D MA100 will come to BTC's rescue and push it to $137k? Feel free to let us know in the comments section below!
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114-114.50K is Vital in short-termMorning folks,
So, potential patterns that we discussed last time even had no chances to be formed, market just collapsed. It is not a surprising moment. In our weekly reports we paid a lot of attention to the US liquidity as a main fundamental driving factor. The maths here is very simple 1+Trln borrowing in 2 months. It is yet to borrow net ~250-300 Bln, while RRP liquidity source is exhausted already. Additionally US Treasury need to accumulate 300 Bln more on its TGA account. All this liquidity will be drained from the market. BTC will be under direct impact of this stuff.
Now 114 K support area seems vital in short term. We intend to watch for patterns around it and week close price. If BTC drops lower, next area to watch is 110-111K support. I do not want to speak what will happen if it will be broken, but don't exclude retracement back to 70-80K area in this case.
To remind you we still have all-time 127K target. At least following normal technical behavior, I hope that BTC will try to reach it first, before collapse will happen. This is the reason of our special attention to 114K support.
Chainlink (LINK)LINK doesn't need any introduction; it has a great project, a great community, and has also given great growth. It seems the corrective wave has ended at 0.382 Fibonacci retracement and now the price is about to break the consolidation triangle-shaped area. Let's see how things unfold.