$BTC has finally broken above the wedge resistance. 🚀 After days of consolidation, price pushed through the trendline and is now attempting to hold the breakout level as support.
As long as BTC stays above the breakout zone, a move toward the $68.5K area remains on the table. However, a failed breakout and close back below the trendline could turn this into a bull trap.
For now, bulls have the momentum, but don't chase green candles. Wait for confirmation and always use a proper SL. 📈 #BTC #Bitcoin
Bitcoin is squeezing right at the top of this ascending triangle, with price repeatedly testing the descending resistance. 👀
A breakout above this trendline could trigger a strong move higher, but until then, BTC remains stuck inside the pattern. A big move is coming, the market is running out of room. $BTC #Bitcoin
BTC bounced back to retest the broken support around $62.9K and got rejected. This retest has also given some relief to the RSI, creating room for another move lower if bearish momentum continues.
Still, it's better to wait for the weekly candle close before making any aggressive moves. If the weekly close confirms weakness, short opportunities may appear on BTC and other alts. #BTC #Bitcoin
TOTAL3 is currently retesting the VAL if you take the range from Jan 2024 up until the current day. This is a key level for altcoins right now.
If price loses this VAL support and breaks below the weekly trendline, things could get much worse for alts. The next weekly close will be very important to watch. #Alts #crypto
#Bitcoin bear markets have followed a pretty similar pattern across multiple cycles.
Looking at the move from cycle lows to cycle highs, BTC has typically retraced deep into the Fibonacci range during the bear market, often pushing below the 0.786 level before finding a major bottom.
Another interesting similarity is time. Previous bear markets took roughly a year from the top to form their final low before the next major trend began.
If history rhymes once again, Bitcoin may still have one more deeper flush before the market finds its true bottom. $BTC
A few days ago, I shared a warning.🚨 Most people ignored it.
Bitcoin has already fallen to $70K, and many are still expecting a fast recovery. I don't see it that way.
What we're seeing now looks more like the start of a larger move, not the end of one. The majority will stay optimistic until reality forces them to change their view.
That's how markets work. If you missed my earlier analysis, don't stress. There will be more opportunities ahead.
Stay close, keep learning, and turn on notifications so you don't miss the next setup. $BTC #Bitcoin
#Bitcoin remains under bearish pressure, in line with the broader market weakness. After forming a new low around 72,500, price has entered a consolidation phase.
Recent data shows continued outflows from U.S. spot Bitcoin ETFs, while large investors keep moving BTC to exchanges. Although institutional and speculative traders still hold net-long positions, bullish exposure has been reduced compared to earlier levels.
Market sentiment remains fragile due to ongoing geopolitical uncertainty, which could keep volatility elevated in the coming weeks.
From the daily and weekly outlook, Bitcoin rejected the 80K–82K region and has shifted back into a downtrend. The next major support zone sits around 70,500–71,500, but a short-term bounce toward 74,200–75,300 is possible before further downside.
Resistance: 74,200 | 75,300 | 76,000 Support: 72,500 | 70,670 For now, the trend favors sellers. Any recovery toward the resistance area may present opportunities for short positions, especially if a short squeeze pushes price into that zone before the next bearish move. $BTC
TOTAL3 is sitting right on a key ascending support trendline. This level needs to hold if altcoins want any chance of maintaining a bullish structure.
Right now, we're seeing the price test the trendline again around the $728B area. If buyers can defend this support, we could see another bounce back toward the upper range and potentially a move back into the $760B -$780B resistance zone.
If this trendline breaks and we get a daily close below it, I'd expect more downside across the altcoin market, with a higher probability of liquidity being taken below recent lows before any meaningful recovery. #Alts #Crypto
$BNB is still respecting the rising trendline, but momentum is clearly slowing down near the major resistance zone around 680.
Price is now compressing into support, and if this trendline breaks, a move toward the lower demand zone looks very likely from here. RSI is also starting to roll over, showing signs of weakening momentum.
A short-term bounce is possible, but the overall structure suggests downside pressure is building. 👀 #bnb #crypto
BTC got rejected right at the 200-day EMA on the Daily timeframe, and now the Supertrend is starting to flip bearish.
The key level to watch is the daily close around 75.5K. If we get a confirmed close below that, it would validate the bearish Supertrend signal and likely open the door for a move into lower support.
After that, the big question becomes whether buyers step in for a bounce, or if support breaks and sends BTC even lower. #bitcoin $BTC
The cryptocurrency market still has a high probability of experiencing one or two more shocks. There is a pattern to bear market cycles.
One shock at the beginning, another in the middle, and a final and often the strongest shock at the bottom. It doesn't play out the same way every time, but the general flow tends to be similar. We've already seen roughly two of those shocks. Once those who couldn't hold on have all left the market, the forces that drive this industry will begin to push Bitcoin and the broader crypto market higher.
In the end, only those who hold on with patience and capture that final opportunity will come out with a truly successful investment. And that opportunity doesn't seem too far away. $BTC #Bitcoin