Please Participate with Your comments below: Bitcoin (BTC/USDT) is currently trading at $102,963, showing a slight increase of +0.24% in the perpetual futures market. Based on our technical analysis at Brokerir, we anticipate an initial bullish movement toward key resistance levels before a potential retracement. For more analysis head to brokerir. Key Resistance and Support Levels • Resistance Levels: • $108,228.8 – First major resistance, a breakout here could push BTC higher. • $118,228.2 – Secondary resistance, significant selling pressure is expected. • $128,157.7 – Final resistance target before a correction. • Support Levels: • $104,974.7 (Current Price Zone) – Short-term support level. • $108,228.8 – A potential bounce zone after correction. • $100,000 Psychological Level – Strong long-term support. Technical Analysis Before going to btc analysis, some of you might be Gold trader. Therefore for getting analysis on gold head to brokerir---->Xauusd-analysis 1. Price Action & Market Structure The chart indicates a parabolic price rise since breaking the $70,000 resistance. The trend remains strongly bullish, supported by a steady increase in volume. The market structure suggests higher highs and higher lows, confirming the uptrend. However, based on Elliott Wave Theory, BTC appears to be forming the final wave 5 of an impulse move, indicating that a retracement is likely after reaching key resistance zones. 2. Fibonacci Analysis Using Fibonacci extensions: • 1.618 Level aligns with $128,157.7, marking a likely top for this move. • 1.0 Level at $118,228.2, where BTC may face its first significant pullback. 3. RSI & Momentum Indicators • Relative Strength Index (RSI): BTC is approaching the overbought zone (~75+), indicating a potential reversal. • MACD (Moving Average Convergence Divergence): Still bullish, but showing signs of slowing momentum. 4. Volume Analysis • The buying volume remains strong, but a decrease in momentum could signal profit-taking. • If BTC reaches $118,000 - $128,000 with low volume, it increases the likelihood of a retracement. Prediction: What’s Next for BTC? 1. Short-Term (Next Few Days - Weeks) • BTC will likely test $108,228.8, which is a strong resistance level. • A breakout above $108,228.8 could push BTC toward $118,228.2 and eventually $128,157.7. 2. Medium-Term (After Hitting 128K) • If BTC reaches $128,000, expect a correction to $108,000 - $110,000. • This would be a healthy retracement (~15-20%), bringing BTC back to a strong demand zone. 3. Long-Term (2025 Outlook) • If BTC successfully holds $108,000, a new leg higher toward $140,000 - $150,000 could be expected. Trading Strategy & Risk Management ? Long (Buy) Strategy: • Entry: $104,000 - $108,000 • Take Profit: $118,000 - $128,000 • Stop Loss: Below $100,000 ? Short (Sell) Strategy (After 128K Peak): • Entry: $125,000 - $128,000 • Take Profit: $110,000 - $108,000 • Stop Loss: Above $130,000 Final Thoughts ? Brokerir’s Analysis Team believes BTC will first rise toward the 118K-128K range before facing a correction. The next major move depends on volume, macroeconomic factors, and institutional demand. Traders should watch resistance levels closely and be prepared for a pullback. ? Bullish Scenario: If BTC holds above $108,000 after retracement, expect a push toward 140K+ in 2025. ? Bearish Scenario: If BTC fails to hold 100K, a deeper correction to $90,000 - $95,000 is possible.
My view is bullish and I think we can buy if the price corrects to the lower ranges.
hello friends Due to the good growth we had, now the price has been corrected and the range has been determined, which was a gap. Now it should be seen that it can maintain its support range. In this case, we can move with it to the specified goals. *Trade safely with us*
https://www.tradingview.com/x/yfbvz6gK/ BTCUSD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy BTCUSD Entry Level - 96148 Sl - 94197 Tp - 10026 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Daily level the last fews days not being able to break belove 95.500-95.000 level. Looking at the btc liquidity heatmap, there is not really much liquidity left below, loads of liquidity left above 109.000. Aiming for this huge RR trade, small stoploss. Would be my best trade ever if this succeeds. Also lots of positive bitcoin news the last few days. Im bullish. I was also waiting and waiting for 60k 80k levels, but i don't really think it will drop that far anymore, perhaps in the case of a massive world event.
RenderUSD Support levels at $4.00 And 3.91 Tight resistance levels at 4.11 and 4.30... if we can break 4.30 this should grind up to the 5.22 levels I can see render making a rounded bottom here... and start its grind upward...if we break below the 3.92 there is a long way down so as always use cuation and remember that capital preservation is always #1 when trying to make money
Microsoft is breaking green trendline support and is heading for another leg down for black C. A probable target is the 365 support zone, which is also very close to the 100% extension of A-B.
If 95,000 is not lost, we can expect the bitcoin to experience an upward trend in the green direction and then the blue direction. This is just a possibility.
hello friends Considering the 70% drop, now the price has returned from a good support area, and by maintaining this rand, we will go for the specified goals, of course, with capital management... Trade safely with us
Disclaimer: This is not a trading advice but a personal analysis only for the study purpose. Greeting: Kindly share you thoughts on BTCUSD in the comment section. BTCUSD Current Value: 95800 BTCUSD is working under the range of 106500 to 992000. market after the phase of correction is ready to pump. currently its near its supporting area 95000. right now only resistance ahead is 102000 if market breaks this position then its next target will be 106000. our buying area is 95000 and our supporting area is 92000 while our targets are 102200 and 106000. Supporting Areas: 95000, 92000 Targets: 102200, 106000 Like, comment and follow for more updates on BTCUSD.