BitcoinTrend Summary: Neutral oscillators and moving averages per TradingView, but short-term bullish momentum from a recent breakout above $115,500 (Fair Value Gap/FVG fill).
Yearly: +150% (from ~$46k Jan 2025 lows), but -5% MTD amid consolidation.4H Price Action and Technical Breakdown
Overall Trend: Neutral-to-bullish. BTC is in a multi-week compression phase under supply (around $118,000–$120,000), forming a potential ascending pennant or symmetrical triangle or flag. Recent action: A bullish push from the $113,500–$114,000 demand zone (untested low from early Sep), filling an FVG at $115,100–$115,500. Price has retested the 20-EMA (~$116,500) as support, with higher lows signaling accumulation. However, failure to close above $118,000 keeps it range-bound.
Price Action Details: Intraday: Opened at ~$116,840, dipped to $116,840 low (Asia session), then rallied +0.65% on EU/US volume. Clean rejection wicks at highs suggest seller exhaustion, but low volatility (Bollinger Bands squeezing) hints at an impending breakout.
Patterns: Symmetrical triangle apex near $117,500; breakout above could target $120,000–$124,000 (prior ATH zone). Alternatively, a breakdown below $115,500 risks a liquidity sweep to $113,000.
here is a short quick scalp
entry: 116800-11750
stop loss: 117,900
tp
116,400
116,000
115,800
115,500
BTCETH.P trade ideas
Price movement BTC/USD pairBitcoin (BTC/USD) Chart Analysis
This chart displays the price movement of Bitcoin (BTC) against the US Dollar (USD) on a 1-hour (1H) timeframe. The data is sourced from the Binance exchange, with a timestamp of 06:55 UTC on September 19, 2025.
1. Price Analysis (Top Chart)
Short-Term Trend: Bitcoin's price appears to be in a corrective phase after a significant upward move. The dashed rising trendline indicates the previous bullish price action.
Key Support Levels: There are two dashed horizontal lines that represent potential support levels:
116,314: This is the first support level currently being tested. The price has briefly touched and is attempting to hold above this level.
115,958.84: This is the next support level, which also coincides with the 61.8% Fibonacci Retracement level. This level is often considered a critical area where the price could rebound and continue its uptrend.
Possible Scenarios:
If the price successfully holds above 116,314 , there's a good chance this correction will end soon, and the price will attempt to move higher again.
If the price breaks the 116,314 level, then 115,958.84 will be the next support target. A break below this level could signal a deeper correction.
2. Indicator Analysis (Bottom Chart)
RSI (Relative Strength Index) Indicator: The bottom chart shows the RSI indicator.
RSI Condition: The RSI line is currently at 52.64, indicating relatively neutral momentum. However, the line is visibly moving down from the previous "overbought" area (above 70).
Warning: This declining RSI movement confirms that the upward momentum is weakening. The RSI position above 50 still suggests that the overall uptrend is dominant, but its momentum is correcting.
Analysis Summary
In conclusion, the chart shows that Bitcoin is in a corrective phase after a strong rally. Traders or investors should closely monitor the support levels at 116,314 and 115,958.84. If the price holds above these levels, it will be a strong indication that the uptrend is still intact and the correction is likely to end soon. Conversely, a break of these levels could signal further weakness.
BITCOIN Will Go Higher From Support! Long!
Please, check our technical outlook for BITCOIN.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 116,794.22.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 117,811.55 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
Continuation of bullish momentum?Bitcoin (BTC/USD) is falling towards the pivot and could bounce to the 1st resistance which is an overlap resistance that aligns with the 161.8% Fibonacci extension.
Pivot: 115,494.52
1st Support: 112,962.02
1st Resistance: 118,235.69
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bitcoin Cornered as Bulls and Bears Battle for ControlWe’re approaching what may be a key moment for bitcoin’s medium-term directional risks, with the price sandwiched between horizontal resistance at $117,600 on the topside and the 50-day moving average and September uptrend on the downside. Whichever way it breaks—if that happens—may provide clues as to whether we’ll see another retest of the record high of $124,500.
From a momentum perspective, upside is favoured: RSI (14) continues to set higher highs above 50, while MACD has staged a bullish crossover of the signal line and is now pushing into positive territory. It’s not a slam-dunk case for bulls, but it’s a better backdrop than for bears.
Should we see a break above Thursday’s high and preferably a close, longs could be established above $117,600 with a stop beneath for protection. Minor resistance is located at $119,000, putting that on the radar as an initial target. If that level is cleared, eyes will then turn to a potential retest of the August highs.
Of note, bitcoin has performed particularly well in the December quarter recently, coinciding with the Fed’s dovish pivot in 2023 and Fed rate cuts and Donald Trump’s re-election in 2024. That doesn’t guarantee a similar outcome this time, but with the Fed signalling further rate cuts this year, it probably doesn’t hurt the bullish case either.
Should bitcoin break beneath the 50DMA/September uptrend, it could sow the seeds for a bearish setup, where shorts could be established beneath with a stop above, targeting $113,500 initially.
Good luck!
DS
Why Spot Forex is the First Choice for Retail Traders1. Understanding Spot Forex
Before exploring the reasons for its popularity, it’s important to understand what spot forex really is.
Definition: Spot forex is the purchase or sale of one currency for another, with settlement occurring “on the spot” (usually within two business days, but in practice, retail brokers provide immediate execution).
Currency pairs: Trades happen in pairs like EUR/USD, GBP/JPY, or USD/INR. The first currency (base) is being bought or sold against the second (quote).
Objective: Traders aim to profit from the fluctuations in exchange rates between currencies.
Unlike futures or options, where contracts are traded, spot forex involves the direct exchange at current prices. For retail traders, brokers provide contracts via platforms that simulate this process with tight spreads, leverage, and easy order execution.
2. Historical Growth of Retail Forex
Until the late 1990s, forex was largely the playground of banks, hedge funds, and large corporations managing cross-border exposures. Retail investors had little or no access because:
Minimum transaction sizes were too large.
Trading required specialized knowledge and infrastructure.
Pricing was not transparent to the public.
However, the rise of online trading platforms around the year 2000 changed everything. Brokers like OANDA, FXCM, and later a flood of global platforms, introduced small contract sizes, user-friendly software (like MetaTrader), and access to leverage. Suddenly, anyone with an internet connection could participate.
By the mid-2000s, millions of retail traders had entered the forex market, with Asia, Europe, and later Africa becoming hotspots for new traders. Today, forex is the largest segment of retail online trading, far surpassing traditional stock trading in many regions.
3. Core Advantages of Spot Forex for Retail Traders
3.1 Liquidity and Market Size
Forex is the world’s most liquid market, with trillions of dollars traded daily. This liquidity brings several benefits:
Tight spreads: Bid-ask spreads are minimal, especially on major pairs like EUR/USD.
Instant execution: Orders can be filled within milliseconds.
No market manipulation (at retail scale): Because the market is so vast, individual retail traders or even brokers cannot manipulate prices significantly.
For beginners, this means fair pricing, ease of entry and exit, and reduced slippage compared to thinly traded assets.
3.2 24-Hour Market
Unlike stock exchanges that operate within specific hours, forex trading runs 24 hours a day, five days a week. From the Sydney open on Monday morning to the New York close on Friday evening, trading never stops.
This round-the-clock access is particularly attractive for retail traders who often trade part-time:
A student can trade after classes.
A working professional can trade after office hours.
A freelancer can pick sessions that match their schedule.
Flexibility is a major reason why forex fits into people’s lives more easily than stock markets with rigid timings.
3.3 Leverage and Low Capital Requirement
One of the most powerful attractions of forex is leverage. Brokers allow traders to control positions much larger than their deposit. For example:
With leverage of 1:100, a trader can control $10,000 worth of currency with just $100 margin.
Some brokers even offer leverage as high as 1:500 or more.
This means retail traders don’t need large starting capital. Someone with $500 can participate meaningfully in the market, unlike in stocks where buying even a few shares of large companies can consume the entire amount.
Of course, leverage is a double-edged sword (covered later), but its availability makes forex highly accessible.
3.4 Low Transaction Costs
Forex brokers earn mainly from spreads (the difference between buy and sell prices), which are often as low as 0.1 to 1 pip for major pairs. Compared to stock brokers who charge commissions or commodity markets with exchange fees, forex is cost-efficient.
No clearing fees, exchange fees, or government stamp duties make the cost structure simpler and lighter for retail traders.
3.5 Variety of Currency Pairs
Forex offers a wide menu of tradable instruments:
Majors: EUR/USD, GBP/USD, USD/JPY, USD/CHF.
Minors: EUR/GBP, AUD/JPY, GBP/CHF.
Exotics: USD/TRY, USD/ZAR, USD/INR.
This variety allows traders to pick pairs that suit their trading style. Some prefer stable majors with tight spreads, while others thrive on the volatility of exotic currencies.
3.6 Advanced Technology & Platforms
The retail forex industry has benefited enormously from trading technology. Platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader provide:
One-click execution.
Real-time charts.
Custom indicators and automated trading (Expert Advisors).
Mobile apps for trading on the go.
Such sophisticated tools, often free, are a huge reason forex became the default choice for retail traders.
4. Practical Reasons Retail Traders Prefer Spot Forex
4.1 Easy Account Setup
Opening a forex trading account is often easier than opening a stock brokerage account. With online KYC, low minimum deposits (sometimes as low as $10), and demo accounts, the barrier to entry is minimal.
4.2 Demo Accounts for Practice
Unlike many stock or commodity brokers, forex brokers almost always provide free demo accounts with virtual money. This allows beginners to practice strategies without financial risk, making the learning curve smoother.
4.3 Global Access
Forex is a truly global market. Whether you live in India, Nigeria, Brazil, or Europe, you can access the same currency pairs and pricing as traders in New York or London. This universality is rare in other asset classes.
5. Psychological & Behavioral Appeal
5.1 The Thrill of Leverage
For many beginners, the ability to control large amounts with small deposits is exhilarating. The idea of turning $100 into $1,000 in a short span appeals strongly to retail traders, even though the risks are equally high.
5.2 Freedom and Independence
Forex gives traders the sense of being their own boss. No middle managers, no clients to report to—just you, your strategy, and the market. This independence attracts people seeking financial freedom.
5.3 Quick Feedback Loop
Unlike long-term stock investing, forex provides immediate feedback. A trader knows within minutes or hours whether a trade is working, which keeps engagement high.
6. Risks and Misconceptions
It would be incomplete to discuss forex’s appeal without addressing its risks.
6.1 Overuse of Leverage
Leverage magnifies profits and losses. Many retail traders blow up accounts by over-leveraging, thinking they can get rich overnight.
6.2 Emotional Trading
The fast pace and 24-hour availability often lead to overtrading, revenge trading, or lack of discipline. Psychology plays a huge role in whether traders succeed or fail.
6.3 Broker Risks
Not all brokers are regulated. Many retail traders in emerging markets fall prey to fraudulent brokers promising unrealistic leverage or bonuses.
Despite these challenges, the majority of traders still flock to forex because the potential rewards outweigh perceived risks in their minds.
Conclusion
Spot forex has become the first choice for retail traders because it combines accessibility, liquidity, low costs, global reach, and technological sophistication in a way that no other market does. For individuals with limited capital, flexible schedules, and a desire for independence, forex is the natural starting point.
Yes, the risks are real—particularly misuse of leverage and emotional trading—but the sheer scale of opportunities continues to draw millions of retail traders each year.
For beginners and seasoned traders alike, the spot forex market remains not only the largest financial arena but also the most democratic—open to anyone, anywhere, with the willingness to learn and the discipline to trade.
Global Soft and Hard CommoditiesPart I: Understanding Commodities
What are Commodities?
A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Unlike branded consumer products, commodities are standardized and uniform. For example, one barrel of crude oil or one ounce of gold is equivalent to another barrel or ounce of the same grade.
Classification of Commodities
Soft Commodities: Agricultural goods like coffee, cocoa, sugar, cotton, wheat, and livestock.
Hard Commodities: Natural resources extracted or mined, such as crude oil, natural gas, gold, silver, iron ore, and copper.
Role in the Global Economy
Commodities are critical inputs for manufacturing, energy production, and food systems. Their prices impact inflation, trade balances, and even geopolitical relations.
Part II: Soft Commodities
Definition
Soft commodities are agricultural products that are grown rather than mined or extracted. They are often seasonal, perishable, and heavily influenced by weather, climate change, and agricultural practices.
Key Types of Soft Commodities
Coffee
Second most traded commodity after crude oil.
Grown primarily in Brazil, Vietnam, Colombia, and Ethiopia.
Prices influenced by climate conditions, pests, and consumer demand.
Cocoa
Foundation of the global chocolate industry.
Major producers: Ivory Coast, Ghana, Nigeria, and Indonesia.
Issues: child labor, sustainability concerns, and volatile weather.
Sugar
Used in food, beverages, and increasingly in biofuels (ethanol).
Key producers: Brazil, India, Thailand.
Market linked to energy and oil prices due to ethanol blending policies.
Cotton
Critical for textiles and fashion industries.
Producers: China, India, USA, Pakistan.
Prices tied to global apparel demand and trade policies.
Grains (Wheat, Corn, Rice, Soybeans)
Staples of global food security.
Wheat: Russia, USA, Canada, Australia.
Corn: USA, Brazil, Argentina.
Rice: India, Thailand, Vietnam, China.
Soybeans: USA, Brazil, Argentina.
Livestock
Includes cattle, hogs, and poultry.
Prices affected by feed costs, disease outbreaks, and consumer demand.
Factors Influencing Soft Commodity Prices
Weather & Climate Change: Droughts, floods, and changing rainfall patterns directly impact crop yields.
Supply Chain Disruptions: Transportation bottlenecks and labor shortages.
Geopolitics: Export bans, tariffs, and trade wars.
Consumer Trends: Rising demand for plant-based proteins or organic food.
Currency Movements: Since commodities are traded in USD, fluctuations affect competitiveness.
Soft Commodities in Global Trade
Developing economies often rely heavily on agricultural exports for foreign exchange.
Commodity-dependent nations face “Dutch disease” risks when overreliant on one soft commodity.
Agricultural commodity markets are also deeply tied to humanitarian concerns such as hunger and malnutrition.
Part III: Hard Commodities
Definition
Hard commodities are natural resources that are mined, drilled, or extracted from the earth. They are non-renewable (in most cases) and form the backbone of industrialization, infrastructure, and energy supply.
Key Types of Hard Commodities
Energy Commodities
Crude Oil: Most traded and geopolitically sensitive commodity.
Major producers: Saudi Arabia, USA, Russia, Iraq.
Prices shaped by OPEC+, global demand, and supply shocks.
Natural Gas: Critical for heating, power generation, and LNG trade.
Producers: USA, Russia, Qatar.
Coal: Still vital for power but under pressure due to green energy transition.
Precious Metals
Gold: Safe-haven asset, used in jewelry and central bank reserves.
Silver: Industrial applications in electronics and solar panels.
Platinum & Palladium: Used in automotive catalytic converters.
Industrial Metals
Copper: “Dr. Copper,” a barometer of global economic health.
Aluminum: Lightweight metal for aerospace and packaging.
Iron Ore & Steel: Core materials for construction and manufacturing.
Lithium, Cobalt, Nickel: Crucial for EV batteries and clean energy.
Factors Influencing Hard Commodity Prices
Global Economic Growth: Demand rises with industrial expansion.
Geopolitical Tensions: Wars, sanctions, and resource nationalism.
Technological Shifts: EV boom increasing demand for lithium and cobalt.
OPEC & Cartels: Supply management and price stability.
Green Transition: Renewable energy policies reshape fossil fuel demand.
Hard Commodities in Global Trade
Resource-rich nations like Australia (iron ore, coal), Saudi Arabia (oil), and Chile (copper, lithium) dominate export markets.
Import-dependent nations such as Japan, India, and much of Europe face trade vulnerabilities.
Hard commodities often define geopolitical alliances and conflicts.
Part IV: Global Commodity Markets and Exchanges
Chicago Board of Trade (CBOT) – Major agricultural futures exchange.
New York Mercantile Exchange (NYMEX) – Oil, gas, and metals trading.
London Metal Exchange (LME) – Key for industrial metals.
Intercontinental Exchange (ICE) – Coffee, sugar, cotton, energy.
These markets allow hedging, speculation, and price discovery, ensuring liquidity and risk management for producers and consumers alike.
Part V: The Role of Commodities in Financial Markets
Inflation Hedge: Hard commodities like gold protect against inflation.
Portfolio Diversification: Commodity ETFs and futures offer non-correlated returns.
Speculation: Traders bet on future price movements.
Hedging: Farmers, miners, and airlines use futures contracts to stabilize costs.
Part VI: Challenges and Risks
Climate Change: Threatens crop yields and water supply.
Geopolitical Conflicts: Disrupt oil, gas, and grain supplies.
Sustainability: Ethical sourcing and ESG (Environmental, Social, Governance) pressures.
Market Volatility: Currency fluctuations and speculative bubbles.
Technological Disruptions: Artificial meat, renewable energy, and substitutes.
Part VII: Future of Global Commodities
Energy Transition: Shift from fossil fuels to renewables and green metals.
Digitalization: Blockchain for supply chain transparency.
Changing Diets: Rising demand for plant proteins and sustainable agriculture.
Urbanization: Infrastructure boom boosting demand for steel, copper, and cement.
Climate-Resilient Crops: Biotechnology reshaping soft commodity production.
Conclusion
Global soft and hard commodities represent the lifeblood of the world economy. From the coffee in our cups to the oil fueling our cars and the copper wiring our homes, commodities drive industrialization, trade, and consumer lifestyles.
While soft commodities tie closely to agriculture, weather, and food security, hard commodities are linked to energy, infrastructure, and industrial progress. Both categories face challenges such as climate change, geopolitical tensions, and sustainability concerns.
In the future, the interplay between technological innovation, green energy transition, and global demand shifts will redefine how these commodities are produced, traded, and consumed. Understanding their dynamics is not only essential for investors and policymakers but also for every individual whose daily life depends on these fundamental resources.
Bitcoin Price Prediction: Will BTC Hit $119K Next?Bitcoin Price Prediction: Will BTC Hit $119K Next?
Bitcoin’s journey has been nothing less than a roller coaster, marked by dramatic rises and sharp falls. As of late, the cryptocurrency has seen fluctuations influenced heavily by broader economic signals, particularly the policy decisions from the United States Federal Reserve. The latest buzz in the crypto community revolves around whether Bitcoin can breach a new milestone of $119,000. This speculation is fueled by recent shifts in the market and macroeconomic policies that could either propel or hinder this ascent.
Current Market Overview
Key Resistance and the $118K Threshold
Bitcoin currently faces a significant resistance level at $118,000. This figure is not just a random high point; it represents a critical psychological and technical barrier. A break above this level could signal a strong bullish momentum, potentially setting the stage for reaching new heights. The resistance has formed due to various factors including profit-taking, historical resistance levels, and speculative trading behaviors.
The Role of the US Federal Reserve
The Federal Reserve's policies, particularly interest rate cuts, have a profound impact on investment in risk assets like cryptocurrencies. Lower interest rates generally decrease the yield on safer investments like bonds, making higher-risk investments more attractive. The anticipation around the Fed's decisions can lead to increased volatility in the Bitcoin market.
Liquidity and Market Sentiment
The liquidity in the Bitcoin market, evidenced by the influx of both buy and sell orders, plays a crucial role in its price movements. High liquidity leads to less price manipulation and more stability, whereas low liquidity can lead to higher volatility. Currently, the market is witnessing substantial liquidity, indicating active participation from both retail and institutional investors.
Factors Influencing Bitcoin's Price Trajectory
Institutional Adoption
One of the primary drivers behind Bitcoin’s potential rise to $119K is the increasing adoption by institutional investors. As more firms enter the market, their substantial buying power can significantly push the price upwards. This adoption also adds legitimacy to Bitcoin, encouraging more cautious investors to dip their toes in the crypto waters.
Technological Advances
Improvements in blockchain technology and the introduction of new features can also influence Bitcoin's price. For instance, enhancements in scalability and security can make Bitcoin more attractive to both investors and users.
Regulatory Environment
Regulations play a pivotal role in shaping the cryptocurrency landscape. Positive regulatory developments, or lack of negative ones, could boost investor confidence and push the price of Bitcoin higher.
Economic Indicators and Market Sentiments
Inflation and the Dollar Index
Inflation levels and the strength of the dollar also influence Bitcoin’s value. Typically, Bitcoin has been seen as a hedge against inflation. A weaker dollar often makes Bitcoin more attractive to international buyers, potentially pushing its price up.
Sentiment Analysis
Market sentiment, driven by news and social media, significantly impacts Bitcoin’s price. Positive news can lead to fear of missing out (FOMO), driving the price up, while negative news can trigger panic selling.
Technical Analysis and Future Predictions
Chart Patterns and Indicators
From a technical standpoint, Bitcoin has shown resilience by bouncing back from several corrections. The formation of a bullish flag pattern, combined with strong support levels being tested and held, suggests upward momentum.
Predictive Models
Various predictive models based on historical price data, market cycles, and external economic factors suggest a bullish outlook for Bitcoin. These models often incorporate elements like stock-to-flow ratios which have been historically accurate in predicting Bitcoin’s long-term price movements.
Expert Opinions
Many industry experts and analysts have weighed in on Bitcoin’s potential to hit $119K. While opinions vary, the prevailing sentiment is cautiously optimistic, contingent on market conditions and macroeconomic factors remaining favorable.
Conclusion
The question of whether Bitcoin will reach $119K is complex and laden with variables. Key factors include Federal Reserve policies, market liquidity, institutional investment, and broader economic indicators. While the short-term journey may be volatile, the long-term outlook for Bitcoin remains bullish, with many paths potentially leading to new all-time highs. As always in the crypto world, only time will tell, but the signs are promising for those betting on Bitcoin’s success.
Range breakout after the inflation newsAfter the inflation news, the range breakout, and the pullback to the range ceiling, there are two relatively risky positions to consider:
* The first one at the 117,000 level, which carries more risk.
* The second one at the 118,000 level.
The target for both is 120,000.
⚠️ Warning: Both positions are risky this week due to tomorrow’s upcoming news. ✅
Btc is Bullish - it approaches an end of a historical timelineOn Sept 3rd I had suggested that Btc had bottomed and would bounce into one of my 3 targets. As anticipated Btc has now hit the top of target 2 (T2).
More importantly, I suggested Btc would bounce to these targets within 1-2 weeks ("18 days max"). Meaning based on a the patterns involving 3 red weeks down, Btc always sees the bounce end by day 18 or sooner...then retraces (often below the previous low -ie $117K).
Yet we are now at day 18 and Btc is not showing signs of a retracement. If Btc does not begin it's retrace today, then this is very bullish for Btc and the altcoin market. I am cautiously bullish as my bias has changed as a result of this new data. We must learn to pivot our trading strategies as price action unfolds. But being able to apply strategies to anticipate price action, helps us to know immediately when our trade ideas are being invalidated. It appears we possibly have an invalidation and I am shifting my approach accordingly.
Btc to the moon. Let's go!
Still more to go! Don’t short.. Don’t be afraidWe are still in wave C and we have not ran out of energy yet. According to the volume we are still in wave C and still have another move to push higher. How do I know? I used my custom made indicator that tells me exactly when a wave is actually done. If you want to try it for free send me a message. Full instructions included.
BITCOIN Bullish Bias! Buy!
Hello,Traders!
BITCOIN is trading in an
Uptrend and the coin broke
The key horizontal level
Of 117k$ so we are
Bullish biased and we
Will be expecting a
Further local move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTC End of Q3 Setup Now that FOMC is over and the FED finally cut interest rates by 25bps, what does this mean for BTC in the short term future and beyond?
It has been known for a while that the September FOMC would bring a cut to interest rates and that is what we got, generally this was priced into the market and despite some low time frame volatility not much has changed in terms of % move in the last day.
However, the macro does look bullish from here. Flipping $117,500 opens up the possibility of a range high test. For me this is the direction I'm leaning towards given the macro and how seasonality suggests a stronger end to the year especially after a rate cut.
Should BTC fail to break above the grey box BTC stays within the same constraints it's had for the last month.
BTCUSD: Price Exit from Triangle and Reach Resistance LevelHello everyone, here is my breakdown of the current Bitcoin setup.
Market Analysis
From a broader perspective, the price of Bitcoin has been consolidating within a wide Range, oscillating between the major Support zone around the 109500 level and the Resistance Zone up to 121200. This lengthy period of balance has now tightened into a more defined triangle pattern, suggesting energy is building.
Currently, the price is coiling within the final stages of this triangle, a classic sign of volatility compression. After a recent test of the upper resistance line, the price is in a corrective pullback, heading towards the ascending support line for what I see as a key test of buyer strength.
My Scenario & Strategy
I'm looking for the price to complete its corrective move and find strong support on the ascending Triangle Support Line. A confirmed bounce from this dynamic support would be the key signal that the next impulsive move up is about to begin, with the goal being a breakout from the top of the triangle.
Therefore, the strategy is to watch for this bounce. A successful rebound that leads to a breakout above the Resistance Zone would validate the long scenario. The primary target for this breakout move is the 120000 Resistance level.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
BTCUSD – 15M Buy SetupBTCUSD – 15M Buy Setup
Price is consolidating after a strong impulse.
Marked demand zone: 116,999 – 117,168 🟣
If structure holds, expecting bullish continuation toward 117,440.
👉 Entry: Inside demand zone
👉 Stop: Below 116,999
👉 Target: 117,440
⚡ Trade Idea: Buy from demand | Risk:Reward ≈ 1:2
---
BTCUSDPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.
Enjoy Trading ;)
Bitcoin Eyes $133K as Channel Structure HoldsBitcoin’s price action remains highly technical as it trades within a clearly defined high-time-frame channel. After rebounding from the channel’s lower boundary, price is now testing the midpoint. This midpoint has historically acted as a pivotal level that determines whether Bitcoin continues higher or re-enters a period of extended consolidation.
Key Technical Points
- Channel Support: Lower boundary respected, reinforcing bullish structure.
- Midpoint Test: A close above confirms bullish continuation.
- Upside Target: Channel resistance aligns with $133,000.
Analysis
The structure of this channel has remained consistent over the past months, providing both support and resistance zones. Bitcoin’s defense of the lower base confirmed that bulls are still in control of the broader trend. The move toward the midpoint is the next critical step.
Reclaiming the midpoint on a closing basis would significantly strengthen the bullish case. It would provide a technical base for price to begin targeting the upper boundary of the channel, which sits around $133,000. Until that reclaim is confirmed, Bitcoin may continue consolidating around the midpoint, with shorter-term swings dictated by intraday order flow.
The bullish case remains intact as long as the channel boundaries continue to hold. Structural invalidation would only occur if price breaks below the lower channel support, but current market behavior shows no sign of such weakness.
What to Expect
Bitcoin is likely to consolidate near the midpoint before making a decisive move. If bulls succeed in reclaiming and holding this level, price has a strong probability of accelerating toward $133,000.
BTC Presses OnAs I always remind you, the market’s first reaction to the Fed is almost always wrong. Yesterday was another textbook case: Bitcoin dipped on the headline, then immediately reversed, bounced, and is now pressing higher.
The key takeaway: BTC never lost the 50-day moving average. The wick tested toward it, but buyers stepped in fast, defending that level with conviction. That’s exactly the kind of reaction you want to see in a bullish trend.
Price is now pushing into resistance at $117,416, a level that capped rallies earlier this month. A decisive break here opens the door to $123,231, the August high.
The structure looks healthy: higher lows since early September, momentum back above the 50-day, and volume picking up on green candles. Support remains layered below at $114K–$112K, with deeper demand around $108K if needed, but so far, bulls have kept the higher timeframe structure intact.
Bottom line: The Fed whipsaw didn’t change the trend – it reinforced it. Bitcoin respected the 50-day, bounced immediately, and is now knocking on the door of $118K resistance.