Bitcoin (BTC): Is $83K Just the Start of a Bigger Drop?Bitcoin is showing signs of heading lower, and the next few levels could be make-or-break. Let’s break it down simply so you know what to watch.
What’s Happening Right Now?
The market’s pointing downward, and we’re eyeing FWB:83K –$85K as the first target. If BTC doesn’t hold there, things could get rough.
Where BTC Could Go Next
- FWB:83K –$85K: This is the next stop. If Bitcoin can’t bounce here, the selling could pick up.
-$70K: A deeper drop, and a key support level where buyers might step in.
-$55K: The worst-case scenario for now, but also a spot where we could see some recovery.
The Big Picture
We’re also seeing a head and shoulders pattern, which is a strong clue that prices might keep dropping. Let’s wait and see how the market reacts as we approach FWB:83K –$85K.
What’s the Plan?
-Watch FWB:83K –$85K carefully—it’s the first key level.
-If BTC doesn’t hold, prepare for $70K or even $55K.
-Be patient and trade what you see, not what you hope.
If you liked this breakdown, hit like or follow. Got questions about Bitcoin or another chart? DM me—I’d love to help.
Feeling stressed about trading or struggling with burnout? Let’s chat. I’m here to help you stay focused and balanced so you can trade with confidence. Let’s tackle this together!
Kris/ Mindbloome Exchange
Trade What You See
Btcusdanalysis
Will Bitcoin Hold $91,600 Support or Drop to $86K?The BTC/USD 4-hour chart highlights a key support zone at $91,600–$92,200, acting as a strong barrier against further downside. The price is consolidating near this level, with a descending trendline adding bearish pressure.
A bounce from this support could retest the trendline around $94,000–$95,000, while a break below $91,600 may trigger a decline toward $86,000 or lower. Traders should watch for confirmation of a bounce or breakdown.
Crab Pattern Based on the provided chart, there is a possibility for the Crab Pattern to complete. In this pattern, point D typically forms at higher Fibonacci levels, specifically around 2.618 of the BC leg.
In this chart, the PRZ (Potential Reversal Zone) is identified as a key area for the pattern’s completion. This zone can act as a potential point for a price reversal. The Crab Pattern often emerges at extreme price levels, and if the price reaches this zone, a reaction or reversal might occur.
To confirm the completion of this pattern, analyzing price behavior near the PRZ is crucial. Using additional technical indicators such as trading volume, momentum indicators, and candlestick patterns can provide more precise insights. Overall, the pattern has the potential to complete, but traders should wait for further confirmation from the market.
Is Bitcoin Preparing for a Retracement?Bitcoin has seen an extraordinary surge of over 100% between September 6th and December 18th, reaching the $100,000 milestone for the first time in its history.
This significant increase can be attributed to various factors. The election of Donald Trump as U.S. President, known for his pro-Bitcoin stance, played a notable role. Additionally, Elon Musk, a key figure in American business and a cryptocurrency enthusiast, has also influenced Bitcoin's surge positively.
Geopolitical tensions, particularly involving Israel in the Middle East and escalating conflicts in Ukraine, have further fueled demand for Bitcoin and other cryptocurrencies. Many retail and institutional investors are turning to Bitcoin as a safe haven amid global uncertainty.
Currently, Bitcoin is experiencing a slight retracement, trading at around $93,000, which is just below the 23.6% Fibonacci level.
Potential Bearish Movement
From a technical standpoint, several indicators suggest a possible bearish retracement for Bitcoin in the coming days.
A sell opportunity may arise if Bitcoin price breaks below the ascending trend line on the daily chart. Here are the key levels to watch as potential targets for a sell:
$87,000: This aligns with the 38.2% Fibonacci retracement level, making it a natural target for a potential sell.
$80,500: This region corresponds to the 50% Fibonacci retracement level, serving as another potential sell target.
$74,000: Coinciding with the 61.8% Fibonacci retracement level, this could act as the final target for a bearish move if the price declines.
Alternative Scenario for an Upswing
Conversely, there is a possibility that Bitcoin may continue its upward trajectory. This bullish scenario hinges on the price maintaining support at the 23.6% Fibonacci level and breaking back above $100,500. If these conditions are met, Bitcoin could challenge its all-time high, approximately $108,000, and potentially target the $110,000 level.
A Conservative Buying Approach
A more conservative buying strategy could be considered if Bitcoin retraces to the 61.8% Fibonacci level, around $74,000. This level is significant, as it represents a previous resistance point that may now act as support.
Key Considerations
It’s essential to remember that Bitcoin behaves differently from traditional assets, with its upward and downward trends often lasting longer. Traders should be prepared for potential volatility as the market continues to react to both technical indicators and external factors.
Careful analysis and strategic planning will be crucial as we navigate this dynamic landscape.
Disclaimer
74% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
Be prepared. Calm before the storm $BTCWe’re in the toughest part of the cycle—waiting for #Bitcoin (and other tokens) to make a new low before jumping back into the market. 🕒
It’s challenging, not just because we all want to time the bottom (let’s face it, who doesn’t want to buy the bottom? 🙌), but also because it’s tough to stay calm when portfolios are showing negative numbers.
📉 Seeing a sudden -30% on a recent token purchase can shake anyone’s confidence.
But remember: Successful investors stick to their thesis.
✅ They buy when their strategy signals “Buy.”
✅ They don’t look back.
📊 Bitcoin’s Cycle Low:
Bitcoin is approaching its cycle low, likely forming shortly after the New Year. 🎉 This presents an ideal buying opportunity for those following the cycles.
💡 Profiting by following cycles isn’t rocket science—it’s about patience and executing a solid plan.
Stay grounded during your celebrations, trust the cycles, and position yourself for success. 🚀
2025 BITCOIN PRICE PREDICTIONBased on the current market, all the fundamentals and technicals considered i think BTC could hit $150,000 in 2025 on the next bull run, but first we need a large pull back to complete the fib's retracement levels.
On the monthly time frame the candle formations have started to clearly show signs of deceleration and liquidation as the market slows down, we also have a high test / reversal candle which does indicate the market could be starting to reverse which would make sense after a large pump like the one we saw to $100k, the market needs to offer relief and pull back.
On the weekly we have again signs of deceleration and a few recent candles that signal bearish momentum is incoming. All of this coupled with a large liquidation percentage as BTC famously hit $100k does clearly indicate a move on bigger time frames to the down side.
My target for the downside move / pull back is around the $71,000 level, this is due to this being the next major support level and it also aligns nicely with the 61.80% fib retracement level which adds some correlation to the strategy.
If we get this large pull back / dump to $71,000 i would expect BTC to reject the support / fib level, this area will attract a lot of attention from buyers / traders and will likely see aa large influx of liquidity to support a rejection and pump to the upside, this is likely the price area w would see BTC change it's trend from bearish to bullish.
The fib generates a potential target of $150,000 on this move which also aligns very nicely with a psychological level, a lot of traders will target / take profit at the $150k mark purely because it is a nice round number, similar to $100k.
Remember ALT's move in correlation to BTC, so if this move does play out it will also give us plenty of massive opportunities to get in on some good ALT's like SOL, ETH etc and catch the ride as they'll also pump with BTC, so if BTC creates new ATH's at $150k then so will the majority of the ALT coins.
BTC at a Critical Juncture: Should You Top Up Your Long Position🚨 BTC at a Critical Juncture: Should You Top Up Your Long Position? 🚨
Bitcoin's price action looks fragile as we enter the year's final days. With BTC hovering near the $92,000 - $87,000 support zone , traders are closely watching whether this key area will hold — or if a break below $90,000 will open the floodgates for further downside.
The Setup: What's Happening Now?
BTC is trading at $93,070 , testing major support.
Failing to hold $92,000-$87,000 could invalidate bullish setups and signal a bearish reversal.
The market is thin due to the holiday season, increasing the risk of snap volatility and liquidity sweeps .
Key Factors to Watch
1. Critical Support Zone:
The $92,000 - $87,000 range is where buyers have historically stepped in to push BTC higher.
A break below $90,000 would be a bad sign for BTC and may lead to downside targets of nearly $80,000 .
2. Indicators:
Momentum Reversal Indicator (MRI): No strong bullish reversal signal yet. Look for a Green Setup progression or daily price flip confirmation.
RSI: If RSI approaches oversold levels (~30), it could signal an opportunity to DCA or add to your long position.
3. Macro Risks:
Upcoming unemployment data may inject volatility into an already illiquid market .
The broader risk-asset sentiment remains cautious, with global liquidity conditions weighing on bulls.
Trading Decision: Should You Add to Longs?
Yes, IF:
BTC successfully tests and rebounds from $92,000 - $87,000 .
Look for supporting signals like a Green Setup progression or bullish divergence on RSI.
No, IF:
BTC breaks below $90,000 on high volume.
This would invalidate the current support zone, signaling more downside potential.
Risk Management Tips
Stop-Loss: Place it just below $87,000 to minimize risk.
Take-Profit: Target $95,000 - $100,000 , but scale-out gradually if resistance strengthens.
Leverage: Use 2x leverage cautiously , ensuring proper risk control.
Closing Thoughts
BTC is at a make-or-break moment. The $92,000 - $87,000 support zone could be a solid entry point for long positions if it holds — but a breakdown would bring downside targets like $80,000 into play.
What's your take on BTC's price action this week? Are you adding to your long position or waiting for confirmation? Let's discuss this in the comments below! 👇
Bitcoin's anti-gift for the new year!Technically it looks pretty sad and I think the chart will move through the fibonacci levels. I wouldn't expect any gifts before the end of the year, just another spill and discounts. I think you will hear more words at the New Year tables that altcoins is a scam.
The liquidation levels also confirm my theory, the decline is programmed.
Horban Brothers.
BTCUSD BITCOIN BTC/USD is presenting an ideal opportunity for a sell position if you're targeting a broader downtrend. Alternatively, traders can capitalize on the current market fluctuations with scalping strategies to secure quick, short-term gains. Always prioritize risk management and stay vigilant with your trading plan.
BTC Headed to $90K? Sell NowThis isn’t my full analysis—I'm keeping that to myself for now. But what I can tell you is that Bitcoin is in a downtrend, showing a steep, short-term decline in the already ongoing downtrend. According to many indicators, BTC could drop to at least $90K. I’ve opened a short position and will share further updates about my sell strategy soon.2
Stay tuned, and I’ll catch you in the next one — peace!
ADA/USD on high timeframe
"Regarding ADA, as anticipated in the previous analysis, the price broke through the $0.75 zone and experienced a sharp rejection. I foresee the price reaching a new higher high at $1.50. However, if the price closes below $0.70 on the high timeframe, this analysis may prove to be incorrect.
BTC on high timeframe , wait for more information about price
"Hello traders, Merry Christmas and Happy New Year! Let's talk about BTC in the high timeframe. As indicated on the chart, the $90k- GETTEX:92K range is a critical zone. To mitigate risk, it's advisable to wait for the price to reach this zone and observe its behavior for further signals. If the price sharply breaches and closes below this range on the high timeframe, the next potential price levels could be $75k-$80k. However, if the price merely dips below GETTEX:92K , forming a candle pattern like FVG on the 1-hour chart, it might present a good opportunity for a long position."
Bitcoin Analysis: Key Levels to Watch!The BTC/USDT chart shows an interesting setup heading into the next trading sessions:
Support Zone: Dips into the $93K region are likely to attract strong buying interest, as this area is a critical support highlighted by the red zones ("Bear Day" & "Bear Week"). If the price holds this level, we could see a potential bullish reversal targeting the $100K psychological level, aligning with the "Bullish Swing" and weekly resistance zone.
Upside Potential: A bounce from $93K could send BTC soaring toward $100K, with the next key resistance at $99,500-$100,000, a confluence of major weekly swing levels.
Downside Risk: However, a daily close below $93K would be concerning, as it opens the door to lower levels, with the next target in the $91K- GETTEX:92K region or even deeper. The red zones below $93K highlight areas of increased bearish momentum.
📊 Strategy:
Bullish Case: Long positions around $93K with tight stop-losses below the support zone. Targets: GETTEX:97K , $99K, and $100K.
Bearish Case: Monitor for a confirmed breakdown below $93K for short setups targeting lower levels.
Patience is key! Let the levels dictate your next move. 🚀📉
BTC pullback before inauguration?Merryy Christmas guys and upcoming New Year!
Seems like we gonna meet New Year w BTC lower than100k...
Looks a bit scary, but here is in short what we have:
1) Daily MA cross. Which is bearish sign
2) Divergence between raising BTC channel and volumes
3) If the price will follow the red line move, it will form double top pattern 🥲
My expectations: I think we could correct to Fib zone around 0,236 (87k zone) and after we should check. But anyway seems like correction should happen before to continue growing and this we most likely gonna see after inauguration.
What you think guys? Help me dispel this scary picture 😅
Bitcoin Battles Between Key Support and Resistance – What’s NextBitcoin is currently trading near $94,500, resting on a strong confluence of support. The price is testing the 100 EMA on the 12-hour chart, which aligns with a critical horizontal support zone around $93,000. At the same time, a descending trendline is acting as resistance, keeping the price under pressure.
A breakdown below the marked support zone could trigger a sharp decline toward the next significant level around $88,000. On the other hand, if BTC holds this support and breaks above the descending trendline, it could signal a bullish reversal, pushing the price back toward $98,000 and potentially higher.
#BTC/USDT Urgent Update. If you like money, Read This!Welcome to this quick update, everyone!
Bitcoin (BTC) is currently trading at around $98,400 at the time of writing.
BTC is making a **bearish retest of the 21EMA** on the daily chart, which is a crucial indicator for identifying short-term trends. This is particularly significant for traders involved in futures and options within the crypto market.
- Break above the 21EMA is bullish.
- BTC is also retesting the previously broken pennant pattern to the downside.
If you're feeling FOMO (fear of missing out), it's better to wait until BTC reclaims the Blue EMA and trades back inside the channel/pennant.
If these two levels are recovered, we could anticipate a new all-time high (ATH). However, until that happens, exercise caution. Trading volume is exceptionally low across exchanges, and it's worth noting that during holiday seasons, market makers often exploit these conditions to manipulate prices, leaving retail traders at a disadvantage.
While you're free to make your own decisions, my advice is to trade with confirmations. This approach provides an edge and makes holding positions more comfortable while effectively managing risk.
If you found this analysis and chart helpful, please hit the like button to show your support and feel free to share your views in the comments section.
Thank you!
#PEACE