You asked, and we delivered. Bitcoin Cash (BCH) is trading at $331, a pivotal level that’s acting as a battleground between buyers and sellers. This price sits near a critical support zone, and recent price action shows BCH struggling to push higher amid broader crypto market weakness. The total crypto market cap has dropped by 4.4% in the last 24 hours, putting pressure on altcoins like BCH and fostering a cautious sentiment. Social media buzz, especially on platforms like X, has flagged $330 as a make-or-break level, holding here could spark optimism, while a breakdown might fuel bearish momentum. That said, take these posts with a grain of salt; they’re often speculative and lack the full technical or fundamental picture. Technical Breakdown: What the Charts Are Saying Short-Term (1-Hour and Daily Charts) Support Levels: Immediate: $330 – A close below this could signal trouble. Next: $315.58 – A deeper drop might test this level if selling picks up. Resistance Levels: Immediate: $339 – A hurdle to watch for any upside push. Next: $350 – A tougher ceiling that’s rejected recent rallies. Indicators: MACD: Bearish crossover, suggesting short-term weakness. RSI: At 46.40, it’s neutral but leaning bearish, room to fall or bounce. Moving Averages: Price is below the 20-period MA on the 1-hour chart, a sign of near-term softness. Pattern: A falling wedge is forming, a setup that could hint at a bullish reversal if BCH breaks above the upper trendline with solid volume. Long-Term (Weekly and Monthly Charts) Support Levels: Key: $300 – A major floor to hold for bulls. Next: $263 – A deeper correction could target this if $300 fails. Resistance Levels: Key: $536 – A 50% Fibonacci retracement level and a big hurdle. Next: $800 – A long-term target if momentum flips bullish. Indicators: 200-Day MA: Trending down, reflecting prolonged bearish pressure. RSI/MACD: Neutral on weekly, with no extreme signals yet. Pattern: A double-bottom around $300 is worth watching, confirmation could spark a reversal, while a drop below $263 would sour the outlook. Potential Scenarios: What Could Happen Next? Short-Term Scenarios Bullish Case: If BCH holds $330 and punches through $339 with strong volume, it could climb to $350. A break above $350 might target $380, especially if MACD flips bullish. Look for a volume surge to confirm this move. Bearish Case: A close below $330 could trigger a slide to $315.58, or even $300 if selling accelerates. High volume on the drop would lock in bearish control, watch this closely. Long-Term Scenarios Bullish Case: Holding $300 and breaking $536 could kick off a new uptrend, with $800 or higher in sight by 2026. This depends on a crypto market rebound and growing BCH adoption for payments. Bearish Case: A sustained fall below $300 might drag BCH to $263 or lower, especially if altcoins stay weak. This would kill the double-bottom setup and point to a longer downtrend. Broader Context: What’s Driving BCH? Market Sentiment: BCH’s identity as a scalable, low-fee payment option (thanks to bigger block sizes) keeps it in the game, but it faces stiff competition from other coins and regulatory uncertainty. Adoption is key, more real-world use could lift its value. Tech Developments: Network upgrades enhancing scalability could boost BCH’s appeal. Watch for news on this front. External Factors: Crypto prices often dance to macro tunes, think regulatory shifts, US economic data (like inflation), or Bitcoin’s moves. These could sway BCH in either direction. Practical Tips for Traders and Investors Risk Management: Crypto’s wild, set tight stop-losses and don’t over-leverage. A stop below $330 for shorts or $315 for longs could save your bacon. Volume is King: Breakouts or breakdowns without volume are suspect. Wait for confirmation. Stay Flexible: Markets shift fast, keep an eye on news and adjust your plan as needed.
Just now opened a long position on bitcoin. The idea is that bitcoin will likely push back up before weekly close to wick the highs before correcting again
personal idea: As my previous two posts Bitcoin reacted to 76k and we see bulls control, in my opinion Bitcoin needs just one bullish engulfing candle to complete it's pull back and starting it's parabolic movements, in my opinion if it happens, this cycle of Bitcoin probably will be different from previous movements and we see high energy of market because all of Alt coins are thirsty to rally. Good ? luck ?
Since January of 2023, the price of Cocoa Futures and the price of Bitcoin have demonstrated a highly positive correlation. 115 data points of weekly close prices of Bitcoin and Cocoa Futures were entered into a correlation coefficient calculator between January 1st, 2023 and March 15th, 2025. This yielded an output of r=.9289 representing a strong positive correlation. The correlation in price movement becomes even more clear if we look at the charts going back to early 2023. As you can see below, both Bitcoin (top) and Cocoa Futures (bottom) have moved in nearly identical patterns. There are even some local bottoms and tops that line up to the day. For example, temporal markers such as Election Day (November 5, 2024) and Inauguration Day (January 20, 2025) that very closely mark the start of a local uptrend and local downtrend, respectively, for the price of both assets. Recent Cocoa price increases and volatility have mainly been attributed to decreases in supply, driven by adverse weather conditions in West Africa, crop diseases, supply chain disruptions and strong global demand. While all of these factors clearly play into Cocoa’s price volatility, we cannot discount the uncanny correlation of price movement simultaneously occurring in Bitcoin which is completely unaffected by the aforementioned supply factors.
MSTR has a lot going on. I think we're going to see the chart build structure in this low volume top and ultimately retrace to important levels made in the year 2000. Specifically, $177. The $177 Price level has so many points of confluence it boggles the mind: $177 is the exact 61.8 retraca from the 2023 low of $13 $177 is the very strong resistance we saw in the first half of 2024 $177 is a key level from way back in the year 2000 (yes, MSTR was this high. In fact it hit a high of $336 way back then) $177 is also where the current lower trendline (log chart) and the 61.8 and the lower trendlien of the current wedge intersect. What do you think?
Bitcoin könnte sich vom Dreiecksmuster bis auf 90.000 Punkte erholen. Hallo Trader, ich möchte meine Meinung zu Bitcoin mit Ihnen teilen. Vor Kurzem bewegte sich der Kurs in einer Spanne, in der er schnell in die Verkäuferzone eintrat und längere Zeit in diesem Bereich verharrte. Ein Versuch zu steigen, scheiterte jedoch, und kurz vor Erreichen der oberen Grenze der Spanne brach der Kurs stark ein. Der Kurs durchbrach die 94.000-Marke, verließ die Spanne und fiel anschließend auf die Unterstützungslinie, die mit der Käuferzone übereinstimmte. Kurz darauf folgte ein starker Aufwärtsimpuls in Richtung Widerstandslinie, bevor er innerhalb eines abwärts gerichteten Dreiecks zu fallen begann. Innerhalb dieses Musters korrigierte BTC zunächst, kletterte zurück bis zur Widerstandslinie des Dreiecks und setzte dann seinen Rückgang fort. Schließlich fiel der Kurs auf die Unterstützungslinie von 78.900, berührte dort die Unterstützungslinie des Dreiecks und begann zu steigen. Aktuell steigt BTC weiterhin in der Nähe dieses Niveaus, und ich erwarte, dass er sich von der Unterstützungslinie des Dreiecks erholt und den Widerstand durchbricht, was einen Ausstieg aus dem Muster signalisiert. Sollte dies geschehen, rechne ich mit weiterem Wachstum, daher ist mein Ziel auf 90.000 Punkte festgelegt.
https://www.tradingview.com/x/Bkph2O4n/ My dear subscribers, This is my opinion on the AUDUSD next move: The instrument tests an important psychological level 0.6322 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6303 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Since the low in January 2024, the stock has been rising impulsively and is currently trading within wave 3. This indicates that any pullback should remain above the 590 zone, with prices expected to continue trending toward 730 in the coming weeks to complete the wave-4 and wave-5.
https://www.tradingview.com/x/zUaKn0zl/ Hello,Traders! EUR-NZD is approaching a Horizontal support level Of 1.8868 so after the Retest of the support A long trade with the Target Level of 1.8947 And Stop Loss of 1.8851 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.
As we can see NIFTY had been in downtrend taking resistance at the previously acting SUPPORT. Now following the candles we can see the RESISTANCE has been tested which has made it weaker hence any closing above 22600 can change the overall trend and can show 23500 in coming trading sessions so plan your trades accordingly and keep watching