BTC - Short Initiated from Channel Breakdown Short Update going to plan.
Updated numbers and anticipated 3 wave corrective drop marked on chart.
113,000 to 35,000 (SHORT)
35,000 to 84,000-85,000 (LONG)
84,000 to 8,000 (SHORT)
For my personal trade I will be closing roughly 80% of short at 40,000-45,000
I will then look for a hold and rise from the 35,000 region to validate that we will see this corrective move. I believe there is a high probability of this - reasons I will detail more as the trade progresses. Chart would be too messy if I included all information on future confluences and pivot points.
If I see this rise occur, I will hold the 20% original short - and hedge with a long as well to 80,000 - 35,000 to 80,000
The reason the market is dropping is once again:
1. The significance of DXY breaking down a major multi month bearish channel
2. The fact that this is a bearish retest on BTC HTF - not a bull market or bull pattern
3. There is a mass amount of liquidity held in open longs in Bitcoin - we need to see a severe deleveraging of these low zones to remain bullish
Happy trading - please see related linked ideas.
BTCUSDT.3S trade ideas
Bitcoin (BTC): Bloody Monday and Start of Week | Still BullishBloody Monday hit the markets, and Bitcoin is showing weakness after the recent breakout attempt. Buyers failed to secure above $117K, and we’ve now pulled back slightly from that push. The zone to watch is still $116K–$117.8K, where we look for a BOS. As long as this level is not secured by buyers, momentum stays capped, and the struggle continues.
Swallow Academy
$BTC Crucial range!BTC attempted to break above the lower resistance zone and the descending channel, but failed to sustain momentum. ⚠️
📉 If rejection continues from this level, we could see a move towards the lower side of the channel, where multiple support zones await around:
$114,700
$112,000
$110,400
This will be a key area to watch for potential bounce setups or further breakdown confirmation.
🔎 Stay cautious — until BTC reclaims and holds above $116,700–117,300, downside pressure remains in control.
Bitcoin Weekly Opens Bearish, Buy The Dip?Bitcoin’s weekly candle has set a bearish tone after breaking through last Monday’s swing low. This shift signals that short-term market structure has changed from higher-lows to a more bearish pattern, suggesting corrective pressure may dominate in the coming sessions.
Key Technical Points:
- Bearish Weekly Candle: Engulfing structure broke last week’s swing low.
- VWAP Support Critical: Losing VWAP opens risk of $112,500 correction.
- ABC Structure: Current move resembles an Elliott Wave ABC correction.
Bitcoin’s short-term structure has shifted, with higher-low projections now invalidated. The bearish engulfing weekly candle points to weakness, though lower time-frame bounces remain possible. VWAP currently serves as the line in the sand; a reclaim could stabilize price, while a breakdown would likely extend correction to $112,500.
The pattern resembles an ABC corrective structure following a prior Elliott Wave impulse. If confirmed, further retracements could occur before Bitcoin resumes broader bullish trends.
What to Expect
Expect near-term bounces, but risks lean bearish unless VWAP is reclaimed. Loss of support would accelerate correction toward $112,500.
Bitcoin Holds Channel Midpoint as Bulls Target $133,000Bitcoin continues to trade within its high-timeframe range, defending the channel midpoint as price aims for $133,000 resistance. Consolidation here could precede the next major move higher.
Bitcoin’s structure remains intact within a long-standing ascending channel. The market is currently approaching local resistance from the smaller range, while maintaining price above the midpoint of the broader channel.
Key Technical Points:
- Price trading above the channel midpoint supports bullish continuation.
- Local resistance approaching near-term range highs.
- Next major target: $133,000 high-timeframe resistance.
Each swing within Bitcoin’s channel has defined clear pivots at both the highs and lows. The current setup shows price consolidating above the midpoint — a sign of sustained strength.
Short-term corrections within this area remain possible, but as long as Bitcoin holds above the midpoint, the probability favors continuation toward $133,000.
What to Expect in the Coming Price Action:
Bitcoin remains bullish above $119,000–$120,000. A reclaim of $123,000 resistance could accelerate momentum toward $133,000, marking the next test of channel highs.
Bitcoin Range Analysis: 110k-124k Breakout WatchHello everyone, as we can see, Bitcoin has bounced off the last major support at 109-110k. Currently, the latest resistance is at 124k, so the range to play in at the moment is 110-124k. We are waiting to see if the range will be broken upwards or downwards.
BTCUSDT STILL LONG First time looking AT BTCUSDT.
-The market has now created its ATH. However when we look at the chart on a line format the market hasnt yet created that ATH but it is still in the consolidation highlighted.
-Normally when the market breaks & creates a new high it indicates selling opportunities.
-This means that the which could be a liquidity sweep & could continue to sell for it to buy at a way lower point.
w/that been said...
-THE MARKET ON A 1H TF HAS CREATED A RETESTED & ALSO BROKEN THAT STRUCTURE WITH A LOW WHICH IS A POINT OF ENTRY FOR THIS SHORT BUY.
-i WILL RIDE THE MARKET & KEEP TRAILING MY STOP LOSS AS I DO BELIEVE THAT MY CHANCES OF THE TRADE GOING MY WAY ARE HIGHER AS IM NOT TRADING AGAINST THE MARKETS OVERALL DIRECTION.
-Lets see...
Bitcoin (BTC) Hits New Highs, Analyzing Future ScenariosBINANCE:BTCUSDT
Bitcoin (BTC) hit a new all-time high today, once again encountering resistance at a long-term slant, extending from the 2017 and April 2021 highs. Since then, a correction of approximately 2% has occurred, forming a long upper shadow on the daily chart. Notably, this trend is displaying a fractal pattern similar to the July 14th peak. If today's daily chart closes with a long upper shadow, it could lead to a short-term sideways or correction phase. Conversely, if it closes with a negative candlestick, this section could be interpreted as a trend reversal signal following the formation of a high.
8-year long-term oblique angle
Your follow and boost would mean a lot. 🚀
I am Korean and I used Google Translate.
Overview: BTCUSDT 7D overviewHere's a technical analysis of your BTC chart:
📊 **Chart Overview: BTCUSDT 7D (Weekly) Timeframe**
🎯 **Key Patterns Identified:**
**1. Cup & Handle Formation** ☕
- Large cup pattern formed from 2023-2024
- Handle currently forming in the consolidation zone
- Classic bullish continuation pattern
- Breakout target potentially above $150K based on cup depth
**2. Fibonacci Levels** 📐
- Price consolidated around 0.5 Fibonacci retracement (~$125K area)
- Strong resistance at 0.618 level
- Currently testing key support/resistance zone
**3. Trend Analysis** 📈
- **Orange ascending trendline**: Long-term bullish support from 2023
- Price respecting this major uptrend
- Multiple touches confirm validity
**4. TesseractPro Oscillator** 🌊
- Currently showing: 2,159.10 / 1,187.49
- Peaked and now declining
- Suggests momentum cooling off
- Potential bearish divergence forming
**5. Volume Analysis** 📊
- **Vol 3M**: Shows declining volume during recent consolidation
- Lower volume = weaker conviction
- Need volume spike for breakout confirmation
**6. Price Action Zones** 🎯
- **Current Price**: ~$132,965
- **Resistance**: $140K-$150K zone
- **Support**: $110K-$120K area (handle bottom)
- **Critical support**: Orange trendline (~$90K-$100K)
**7. Cycle Analysis** ⏰
- Chart shows projection into 2027
- Suggests multi-year bullish cycle continuation
- Current consolidation is healthy for next leg up
**Scenarios:**
📈 **Bullish Case:**
- Break above $140K with volume confirms cup & handle
- Target: $180K+ based on pattern projection
- Orange trendline holds as dynamic support
📉 **Bearish Case:**
- Break below handle support (~$110K)
- Oscillator weakness continues
- Could retest orange trendline (~$90K-$100K)
- Still bullish long-term if trendline holds
**Current Status:** ⚖️
Price is in consolidation/handle formation. Oscillator weakness suggests potential pullback before next major move up. Watch for volume expansion and trendline support.
**Key Levels to Watch:**
- 🟢 Breakout: $140K+
- 🔴 Breakdown: $110K
- 🚨 Critical: $90K (trendline)
The overall structure remains bullish long-term, but short-term consolidation or pullback is possible given oscillator divergence and low volume. 📊✨
Breaking News:Bitcoin has hit new 52 Week High.Bitcoin has hit new 52 Week High.
Listen alot has been going on.But yesterday
an old childhood friend of mine
ignored me when he was with his wife.
Driving in a car.
Bro this hurt me up so bad.
I felt like a total loser.
And then on top of that i accidentally called
out to someone driving a car thinking it was him.
I felt lost in the moment,But sometimes
its in those "loser" moments thats
When you
find grace to just be yourself.
Bitcoin has hit a new high
and this price pattern is following
the Rocket booster Strategy.
Bitcoin is my #1 Asset.Thats what
am known for, thats what made me
popular.Yes i love commenting
On forex, stocks, and alt coins.
But my number 1 asset is bitcoin.
Do the following:
1-Buy Bitcoin
2-Store it in a hard wallet.
3-Be patient and follow the Rocket booster strategy
Whats the Rocket booster Strategy:
It has 3 steps:
-The price is above the 50 EMA
-The price is above the 200 EMA
-The Price should hit a new high or gap up.
Using the Adx indicator below you
can see that
both the Blue line and
the green line are rising..
This is a sign that the price is in a trend
this mean
there is a buying mania.
Rocket boost this content to learn more.
Disclaimer: Trading is risky
please learn risk management and profit
taking strategies.
Also feel free to use a simulation trading account
before you trade with real money.
Competitive Currency War: Global Battle for Economic DominanceIntroduction
In the vast and interconnected world of global finance, currencies play a central role in determining the strength, stability, and competitiveness of nations. A competitive currency war—often called a currency devaluation war—occurs when countries deliberately devalue their currencies to gain an advantage in international trade. While this strategy may seem beneficial for exports and economic growth, it often triggers retaliation, leading to global financial instability and geopolitical tension.
In this detailed exploration, we’ll discuss the origins, mechanisms, effects, and modern implications of competitive currency wars—an ongoing struggle that shapes the balance of global economic power.
Understanding the Concept of Currency War
A currency war refers to a situation where multiple countries intentionally devalue their currencies to make their exports cheaper and imports more expensive. The goal is to boost domestic industries, reduce trade deficits, and stimulate economic growth. However, when many countries engage in the same practice, it leads to “beggar-thy-neighbor” policies—where one nation’s gain becomes another’s loss.
The term gained modern popularity after Brazil’s Finance Minister Guido Mantega warned of a “currency war” in 2010 when countries worldwide adopted aggressive monetary policies to recover from the 2008 global financial crisis.
Historical Background of Currency Wars
Currency wars are not a new phenomenon. They have appeared throughout economic history—usually in response to global recessions or competitive trade pressures. Let’s trace some major instances:
1. The 1930s: The Great Depression Era
After the Great Depression (1929), many countries sought to recover by devaluing their currencies. The U.K. abandoned the gold standard in 1931, followed by the U.S. in 1933, and several others soon after. The objective was to make exports cheaper and revive domestic production.
However, this sparked a chain reaction of competitive devaluations, leading to trade barriers, tariffs, and reduced global trade—worsening the global economic slump.
2. The Post-World War II Bretton Woods Era
In 1944, the Bretton Woods Agreement established a fixed exchange rate system, pegging global currencies to the U.S. dollar, which was backed by gold. This framework was designed to prevent currency instability.
However, by the late 1960s, the U.S. faced massive trade deficits and inflation, leading President Richard Nixon to end the dollar’s convertibility into gold in 1971, effectively dismantling the Bretton Woods system. The result was a move to floating exchange rates, opening the door for competitive devaluations once again.
3. The 1980s: The U.S.–Japan Currency Conflict
During the 1980s, Japan’s growing trade surplus with the U.S. led to tensions. To correct the imbalance, the Plaza Accord (1985) was signed by the U.S., Japan, West Germany, France, and the U.K., agreeing to devalue the U.S. dollar and appreciate the Japanese yen.
While the accord stabilized trade temporarily, it caused Japan’s asset prices to soar—eventually contributing to Japan’s “Lost Decade” in the 1990s.
4. The 2008 Financial Crisis and Modern Currency War
After the Global Financial Crisis of 2008, central banks worldwide—especially the U.S. Federal Reserve, European Central Bank (ECB), and Bank of Japan—implemented quantitative easing (QE). QE flooded markets with liquidity, weakening domestic currencies to spur exports.
Emerging markets accused advanced economies of manipulating currencies and “exporting inflation” to developing nations—a clear revival of competitive devaluation dynamics.
Mechanisms of Competitive Devaluation
Countries can weaken their currencies through several mechanisms. These actions may be direct (intervention in currency markets) or indirect (monetary and fiscal policies):
1. Monetary Easing
Central banks lower interest rates or implement quantitative easing to increase the money supply. This reduces currency value as investors seek higher yields elsewhere.
2. Foreign Exchange Intervention
Governments or central banks actively buy or sell their own currencies in foreign exchange markets to influence exchange rates. For example, China has often been accused of buying U.S. dollars to keep the yuan undervalued and support exports.
3. Capital Controls
To prevent capital inflows that might strengthen their currencies, some nations impose capital controls—restrictions on foreign investment or money movement.
4. Fiscal Expansion
High government spending can weaken a currency by increasing inflation expectations, reducing purchasing power, and discouraging foreign investment.
5. Competitive Interest Rate Reductions
When one country lowers interest rates to spur growth, others often follow suit to prevent their currencies from appreciating, triggering a race to the bottom in global monetary policy.
Economic Motives Behind Currency Wars
The motives behind a currency war are primarily economic survival and competitive advantage:
Boosting Exports: A weaker currency makes domestic goods cheaper abroad, improving trade balances.
Reducing Trade Deficits: It discourages imports, helping to reduce dependency on foreign goods.
Attracting Tourism: A cheaper currency makes travel to the country more affordable.
Supporting Employment: Export-led growth can help reduce unemployment during economic downturns.
Managing Debt: Inflation caused by currency depreciation reduces the real value of government debt.
Consequences of Currency Wars
While devaluation can offer temporary relief, competitive currency wars often lead to long-term economic instability and loss of trust between nations. Key consequences include:
1. Inflationary Pressures
Currency devaluation raises import prices, leading to higher inflation. For resource-importing nations, this can worsen living standards.
2. Loss of Investor Confidence
Frequent devaluations create uncertainty. Investors may withdraw funds from unstable economies, leading to capital flight.
3. Retaliatory Policies
When one country devalues, others retaliate. This “tit-for-tat” policy spiral often ends in trade wars—as seen between the U.S. and China.
4. Volatility in Financial Markets
Exchange rate fluctuations affect stock markets, bond yields, and commodities. Businesses dependent on global supply chains suffer due to unpredictability.
5. Global Economic Imbalance
Currency wars distort trade flows and investment patterns, destabilizing emerging markets that rely heavily on exports and foreign capital.
Currency War vs. Trade War
Although interconnected, currency wars and trade wars are distinct.
A trade war involves tariffs and import restrictions, while a currency war manipulates exchange rates. However, both aim to protect domestic industries and improve trade balances.
For example, during the U.S.–China tensions (2018–2020), the U.S. accused China of deliberately weakening the yuan to offset the impact of tariffs—essentially combining both wars simultaneously.
Major Players in Modern Currency Wars
1. United States
The U.S. dollar remains the world’s dominant reserve currency. The Federal Reserve’s monetary policy directly impacts global liquidity.
During QE phases (2008–2015 and 2020 pandemic stimulus), the U.S. faced accusations of weakening the dollar to aid recovery.
2. China
China has often been accused of managing the yuan to maintain export competitiveness. Its massive foreign exchange reserves and control over capital flows allow it to influence its currency more easily than floating-rate economies.
3. Japan
Japan’s Abenomics in the 2010s involved aggressive monetary easing, pushing the yen lower to combat deflation and revive exports—a classic currency war tactic.
4. European Union
The European Central Bank has engaged in QE and negative interest rates to stimulate growth, leading to a weaker euro, especially between 2015–2019.
5. Emerging Economies
Countries like India, Brazil, and South Korea often face the spillover effects of major powers’ currency policies. They must manage capital inflows and outflows while maintaining exchange rate stability.
Currency Wars in the Digital Era
The rise of digital currencies and central bank digital currencies (CBDCs) adds a new dimension to currency wars.
China’s Digital Yuan (e-CNY) challenges the U.S. dollar’s dominance in cross-border trade.
Cryptocurrencies like Bitcoin are viewed by some as a hedge against fiat currency manipulation.
U.S. and EU CBDC projects aim to retain influence in the global payments ecosystem.
Thus, the modern currency war is not just about exchange rates but also about technological dominance in financial infrastructure.
Case Study: The U.S.–China Currency War
One of the most notable modern examples is the U.S.–China currency conflict.
Background: China’s massive trade surplus with the U.S. led to accusations of currency manipulation, with the U.S. Treasury labeling China a “currency manipulator” in 2019.
Tactics: China managed its yuan to offset tariffs, while the U.S. used monetary stimulus to lower the dollar’s value.
Outcome: The trade war and currency war combined, creating volatility in global markets.
Implications: Both countries diversified reserves and reduced dependence on the U.S. dollar—fueling the trend toward de-dollarization.
Global Coordination to Prevent Currency Wars
To avoid destabilization, countries often use international cooperation frameworks:
International Monetary Fund (IMF): Monitors exchange rate manipulation and encourages transparency.
G20 Summits: Serve as platforms for global coordination of fiscal and monetary policies.
Central Bank Agreements: Bilateral and multilateral swaps help stabilize currencies during crises.
World Trade Organization (WTO): Addresses the trade-related effects of currency policies.
However, enforcement remains difficult, as sovereign nations guard monetary autonomy closely.
The Future of Currency Wars
The landscape of competitive currency manipulation is evolving rapidly. Future currency wars may be fought not through direct devaluations but through digital and policy tools, including:
Digital currency competition (CBDCs, stablecoins)
Technological control of payment systems
Geopolitical sanctions using currency dominance
Reserve diversification (rise of gold, yuan, and crypto as alternatives)
As nations strive to maintain competitiveness, monetary nationalism may rise again, creating an increasingly fragmented global financial system.
Conclusion
A competitive currency war represents far more than a battle of exchange rates—it is a struggle for economic supremacy, trade influence, and monetary sovereignty. While short-term currency weakening can support exports and growth, the long-term costs often outweigh the benefits—fueling inflation, damaging global cooperation, and undermining trust in financial systems.
The future may see new forms of currency wars, fought in the realms of digital finance, central bank policy, and global trade networks. To prevent economic fragmentation, global cooperation, transparency, and responsible monetary governance are essential.
Ultimately, in the globalized 21st-century economy, currency wars remind us that no nation operates in isolation—and that the value of money is not just a reflection of numbers, but of economic confidence and international balance.
BTC Long, but correction first. TL;DR
BTC setup looks bullish — reclaimed support, VWAP and trendline are holding, and I expect a retest of the yellow box. However, BTC Dominance is showing strength, which could spell trouble for alts if it pushes above the red box. So the play is: long BTC, be cautious on alt exposure.
/////////////////////////////
I think this is setting up as a high-probability long.
In short: we saw support flip into resistance, then resistance flip back into support. That’s classic manipulation — whales pushed the narrative to short BTC, only to reclaim the level and turn it back into support. I’m expecting price to come back and retest that zone (yellow box).
On top of that, the VWAP has been respected all through the correction, and the trendline is holding. Both point to strength, not weakness — these are bullish signals, not bearish.
I’ve marked out two stop-loss levels:
SL1 (aggressive) – tighter risk but more chance of being wicked out.
SL2 (conservative) – safer placement if you want to ride the setup with less noise.
On the second chart (BTC Dominance):
We’re seeing divergence + a breakout above the downtrend line.
That could be a headwind for alts — if BTC dominance continues higher, altcoins are likely to bleed.
If BTC.D breaks above the red box, that’s a clear risk signal for alts.
BTC looks like it could crack any minuteI'm no stranger to seeing insane volatility around BTC and the macros. Following the technicals a bit closer and knowing full well that many are in for the profit taking, BTC appears like it will come down any minute. Saylor may buy at the top, but also remember that he is doing that with other people's money and notoriously lost $6B in one day! I'd be very careful making any long traders here. Best of luck! CBOE:MSTZ could be a nice play :)
Bitcoin: Key Levels to Watch at 118,312 and 112,500Bitcoin is showing early signs of weakness. If the price breaks below 118,312, it could confirm the beginning of a corrective move from the 109,000 level.
The potential correction zone lies between 113,414 and 114,770, with a possible wick extension toward 112,500. However, for the broader bullish trend to remain valid, Bitcoin must hold above 112,500.
🔹 Trading Plan:
A short position becomes viable if 118,312 is broken, but keep in mind this setup goes against the primary uptrend. In that case, it’s crucial to either take profits quickly or set the trade risk-free.
If Bitcoin stays above 118,312, I will remain on the sidelines and wait for the market to build a clearer structure before entering any new positions.
This is a market that rewards patience—don’t rush into trades without confirmation.