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Ether Poised to Outshine Bitcoin in 2025: A Deep Dive The cryptocurrency market is a dynamic and ever-evolving space, with Bitcoin and Ether leading the charge. While Bitcoin has long held the crown as the dominant cryptocurrency, Ether, the native cryptocurrency of the Ethereum network, is increasingly being seen as a strong contender for future growth and potential market dominance. Several factors suggest that 2025 could be the year that Ether truly comes into its own, potentially outperforming Bitcoin in terms of price appreciation and adoption. Ethereum's Technological Advancements Ethereum's shift to a proof-of-stake (PoS) consensus mechanism with the Merge in 2022 was a landmark event. This transition significantly reduced Ethereum's energy consumption and laid the groundwork for future scalability improvements. The upcoming "Surge," "Verge," "Purge," and "Splurge" upgrades aim to enhance Ethereum's transaction processing capabilities further, making it more efficient and cost-effective for users. These technological advancements are crucial for Ethereum's long-term growth and its ability to handle increasing transaction volumes. The Rise of Decentralized Finance (DeFi) and NFTs Ethereum's blockchain serves as the foundation for a vast ecosystem of decentralized applications (dApps), including DeFi protocols and non-fungible tokens (NFTs). The DeFi sector has witnessed explosive growth in recent years, with Ethereum leading the way in terms of total value locked (TVL). NFTs have also gained immense popularity, with Ethereum being the primary platform for their creation and trading. The continued growth of these sectors is expected to drive demand for Ether, as it is the primary currency used within the Ethereum ecosystem. Institutional Adoption and Regulatory Clarity Institutional investors are increasingly showing interest in the cryptocurrency market, and Ethereum is attracting a significant portion of this attention. The approval of spot Ether ETFs in mid-2024 has further legitimized Ether as an investment asset, making it more accessible to both institutional and retail investors. As regulatory clarity surrounding cryptocurrencies improves, institutional adoption is expected to accelerate, further driving demand for Ether. Bitcoin's Limitations and Challenges While Bitcoin remains the most well-known cryptocurrency, it faces certain limitations that could hinder its growth potential. Bitcoin's primary use case is as a store of value and a digital currency, while Ethereum offers a much broader range of functionalities through its smart contract capabilities. Additionally, Bitcoin's energy-intensive proof-of-work (PoW) consensus mechanism has raised environmental concerns, which could become a more significant issue as regulatory scrutiny on cryptocurrencies intensifies. Ether's Potential for Outperformance Several analysts and industry experts believe that Ether has the potential to outperform Bitcoin in 2025. The combination of Ethereum's technological advancements, the growth of DeFi and NFTs, increasing institutional adoption, and the limitations of Bitcoin's technology could create a perfect storm for Ether's price appreciation. While Bitcoin is expected to continue its growth trajectory, Ether's unique value proposition and its central role in the expanding Web3 ecosystem could give it a significant edge. Conclusion The cryptocurrency market is known for its volatility, and predicting future price movements with certainty is impossible. However, based on the current trends and developments, Ether appears to be well-positioned for significant growth in 2025. The Ethereum network's ongoing technological advancements, its thriving ecosystem of dApps, and the increasing interest from institutional investors all point towards a bright future for Ether. While Bitcoin will likely remain a dominant force in the cryptocurrency market, Ether's potential for outperformance in 2025 cannot be ignored. Disclaimer: This article is for informational purposes only and should not be considered investment advice. The cryptocurrency market is highly volatile, and investors should conduct their research and consult with a financial advisor before making any investment decisions.
COINBASE:ETHUSD
by bryandowningqln
Technical Analysis: Bitcoin (BTC) – Regular Bearish DivergenceTechnical Analysis: Bitcoin (BTC) – Regular Bearish Divergence Hello! T he recent technical analysis for Bitcoin (BTC) highlights the presence of a regular bearish divergence between the price and the Relative Strength Index (RSI) indicator. This divergence, marked by the yellow lines on the chart, signals a potential reversal in the short-term trend and suggests a bearish outlook for the coming days or weeks. Understanding the Divergence A regular bearish divergence occurs when the price of an asset forms higher highs, while the RSI forms lower highs. This indicates weakening momentum, even as the price reaches new peaks. The yellow lines on the TradingView chart clearly illustrate this pattern for Bitcoin. Price Action: Bitcoin has recorded higher highs on the price chart. RSI Behavior: The RSI indicator, however, has failed to mirror this pattern, instead forming lower highs. This discrepancy points to diminishing bullish momentum and the likelihood of an upcoming price correction. Short-Term Bearish Implications Given the regular bearish divergence, Bitcoin’s price is expected to experience a pullback in the short term. Traders should be cautious, as this divergence often precedes a period of downward movement. Key support levels, such as $93,000 and $92,000, should be monitored closely to assess the depth of the correction. Long-Term Bullish Outlook While the short-term trend leans bearish, the long-term perspective for Bitcoin remains bullish. Several macroeconomic factors, including increasing institutional adoption, favorable regulatory developments, and a growing use case for cryptocurrencies, continue to support the long-term upward trajectory of BTC. This macroeconomic backdrop suggests that any short-term price corrections could present buying opportunities for long-term investors. Key Takeaways The yellow lines on the TradingView chart highlight a regular bearish divergence between Bitcoin’s price and the RSI indicator. This divergence signals a likely short-term bearish trend, with a potential price correction on the horizon. Long-term trends remain bullish, supported by macroeconomic factors and Bitcoin’s robust fundamentals. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions. Regards, Ely
BITSTAMP:BTCUSDShort
by Elysian_Mind
Bitcoin: The Cyclic Pattern Unfolding Again?Analyzing the current BTC weekly chart reveals striking similarities to the past, specifically the cycle seen at the end of 2023 and the beginning of 2024. Let’s break it down step by step. 1. Price Movement Comparison Late 2023 vs. Late 2024: At the end of 2023, Bitcoin experienced a sharp rally of around 65%, moving from the lows to a significant peak. Fast forward to late 2024, and we see a nearly identical pattern—again, approximately 65% growth from the bottom to the recent high. The symmetry is hard to ignore. 2. WaveFlow Indicator On both occasions, the WaveFlow indicator paints an eerily similar picture. It shows a strong push from the lows to the highs, followed by an expected pullback before another rally. If history repeats itself, the current setup implies that BTC will form a second peak following an intermediate bottom in the near term. 3. PrimeMomentum Long-Term Signal The red diamond signal from the PrimeMomentum Long-Term Signal BTC indicator appears in a nearly identical spot: The beginning of 2024: Red diamond signaled a top before a significant correction. Late 2024: The same signal has just appeared, aligning with a possible cyclical correction phase. 4. PrimeMomentum Oscillator At the bottom of the chart, the PrimeMomentum oscillator shows behavior that mirrors the end of 2023. This resemblance reinforces the idea that Bitcoin’s price action is following a cyclic pattern. 5. Expectations and Forecast January Correction: Based on these indicators and historical patterns, we anticipate a pullback at the beginning of January 2025, targeting a mid-range consolidation or support zone. February–March Rally: Following the correction in the second half of January, a rally is expected, peaking around March 2025, similar to early 2024’s price action. Post-March Decline: After March, we could see another downward phase, mirroring the price behavior in mid-2024. Conclusion: The Power of Cyclicality This chart showcases the undeniable rhythm of Bitcoin’s cyclicality. Indicators like WaveFlow and PrimeMomentum provide clear parallels between the current market state and historical movements. If the cycle repeats as expected: Short-Term: Prepare for a correction. Mid-Term: Watch for a strong rally. Long-Term: Plan for another cyclical downturn. The data strongly suggests that Bitcoin’s market structure continues to adhere to predictable cyclical trends. With this knowledge, traders can better anticipate key market movements and position themselves accordingly.
INDEX:BTCUSD
by SetKryptoBalans
Bitcoin’s Year-End Surge: Bulls Take ControlBitcoin is looking incredibly bullish as it closes the year with strong momentum. The chart shows a textbook breakout pattern with plenty of room for upside. Let’s break it down: 1. Breakout Above Key Resistance BTC has smashed through the critical resistance zone around $93,000–$94,000, as shown by the large volume profile on the left side of the chart. This area was previously a heavy consolidation zone, meaning a lot of buyers and sellers were active there. Breaking above this level on strong volume signals a shift in market sentiment, with bulls firmly in control. 2. Bullish Retest in Progress After the breakout, Bitcoin is now retesting the $93,800–$94,200 level. This is a key area to watch because flipping it into support confirms the breakout. If BTC holds this zone and bounces, it sets the stage for the next leg higher. This kind of retest is a hallmark of strong bullish trends. 3. Clear Upside Targets The chart shows multiple key levels above the current price: $94,800 (Daily Close Level): The first resistance zone, which BTC is already eyeing. $95,400–$96,000 (Swing High Levels): Once BTC clears $95,000, these levels are natural magnets for price action. The stacked targets suggest there’s plenty of room for Bitcoin to climb higher as long as it maintains momentum. 4. Momentum is Building The colorful ribbon around price shows a strong upward trend, with clear bullish momentum. Combined with the surge in volume during the breakout, this indicates buyers are stepping in with conviction. A sustained move above $94,000 will likely attract even more traders and institutions. 5. Strong Weekly and Daily Closes Closing the day or week above critical levels like $93,800 and $94,200 would solidify Bitcoin’s bullish case. These closes are key for confirming trends and giving confidence to market participants. What’s Next? If BTC holds the retest zone around $93,800–$94,200, we could see a rally toward $95,000+ very soon. The next major resistance is around $96,000, and breaking that level could open the door for a run toward $97,000–$98,000. Final Thoughts: Bitcoin’s breakout above a major resistance zone, combined with strong volume and a bullish retest, paints a highly favorable picture for the bulls. Keep an eye on the $93,800–$94,200 zone—if it holds, BTC could soar higher as it closes the year with a bang.
by BIGonTRADING
Bitcoin appears to be stalling at the Fibonacci level.The anticipated Santa rally did not materialize, highlighting weakness in the community. The much-discussed $100k level now seems unattainable as we close out 2024. However, the focus has shifted to maintaining BTC at GETTEX:92K —a level that appear particularly strong. This GETTEX:92K level has acted as resistance four times in the past and is now serving as support for the fourth time. Interestingly, the 38.2% Fibonacci retracement level aligns with this zone, adding to its significance. The Bollinger Bands indicate an extreme situation, with prices moving beyond the range of the past 20 candles. In just two weeks, BTC is down almost 14% from its all-time high (ATH). In my view, this situation is far from resolved, and 2025 may begin with even weaker dynamics. Why? Financial market fundamentals are deteriorating, the festive period is over, and the next two months are historically the most challenging and inactive.
BINANCE:BTCUSDShort
by themr-im
BTC - Bear Flag forming, 73k price projectionAfter hitting all time highs, BTC is forming a bear flag. If bear flag plays out and price breaks through 91,400 level then on the basis of the measured move of the flag pole, BTC is likely to test 73,000 which is a significant support zone on Daily timeframe. This is because before BTC pierced 73,000, this was a strong resistance zone. Also, since price broke out 73,000, it hasn't retraced back to this level. Furthermore, there is a fib retracement level of 38.2% at 71,500 so expect 73,000 - 71,500 to be strong support zone. Remember technicals are all probabilities, price could break 99,000 level (upper trendline of the bear flag channel) to test all time highs.
by I_M_Shoaib
BTC/USDT - Key Levels and Volatility Insights for Strategic Trad🚨 BTC/USDT Update 🚨 Analyzing today's price action, we can see Bitcoin trading within a well-defined range, interacting with critical levels. Here's the breakdown of the chart: Key Levels: Bullish Zone: Bull Day (Yellow Dashed Line): Currently acting as resistance around the $94,800 level. A breakout above this level could lead to a test of the Day + ATR around $97,400 and further towards $98,400 if momentum builds. Bearish Zone: Bear Week: $91,000 remains a strong support zone. If breached, BTC could revisit the lower Bear Day level near $89,600, presenting potential for short-side setups. Neutral Zone: Close Week: The $93,200 zone is pivotal as it aligns with previous price congestion. Monitoring price reaction here is critical for determining the next directional bias. Volume Insights: High Volume Nodes (HVNs): Clusters near $94,000 show strong interest from both bulls and bears. Expect significant price reactions here. Low Volume Nodes (LVNs): Gaps near $92,500 indicate potential for rapid price movements if this zone is retested. Market Context: The Volume Profile shows substantial activity aligning with the mid-range at $94,000. This is a consolidation zone, signaling potential accumulation or distribution before the next major move. With today’s upward recovery from the Bear Swing level ($92,800), bulls are gaining strength. However, the next step is breaking through the Bull Day resistance with volume for confirmation. Strategy Suggestions: Longs: Consider entries upon a confirmed breakout above $94,800, targeting $96,000 and $97,400. Stop-loss can be placed near $94,000. Shorts: Look for rejection near $94,800 or a breakdown below $93,200, targeting $92,000 and $91,000. Scalping Opportunities: Use the clearly defined intraday levels, such as $94,000 and $93,200, for quick trades within this range. 🔔 Keep in mind: The market is currently range-bound, and a decisive breakout from this zone will provide better clarity for medium-term directional bias. What are your thoughts? Are you bullish or bearish on BTC right now? Drop your comments below!
by BIGonTRADING
MicroStrategy Buys the Dip Amidst $BTC Crash to $92KThe cryptocurrency market witnessed another headline-grabbing move by MicroStrategy as the firm added 2,138 BTC to its holdings for $209 million. While Bitcoin’s price experiences a significant dip, this acquisition reflects a continued belief in its long-term potential. Let’s dive into the technical and fundamental aspects of Bitcoin’s current state. MicroStrategy’s Strategic Buy On Monday, MicroStrategy announced its latest Bitcoin purchase, acquiring 2,138 BTC at an average price of $97,837. This marks yet another chapter in the company’s aggressive Bitcoin accumulation strategy. However, critics like Peter Schiff were quick to note that these purchases are involving less capital, and the acquisition price consistently overshoots the market rate. Despite such criticism, MicroStrategy’s move underscores institutional confidence in Bitcoin’s long-term trajectory. The company’s continued investment is seen as a vote of confidence amidst bearish market sentiment, reinforcing Bitcoin’s role as a digital store of value. Technical Analysis Bitcoin’s price action is currently confined within a horizontal channel, with support at $92,200–$94,200 and resistance at $98,700–$101,000. As of now, CRYPTOCAP:BTC is testing the lower boundary of this channel. A decisive move in either direction could dictate the asset’s next major trend. Bullish Scenario Should buyers step in with strength, Bitcoin could rebound and retest the $98,700–$101,000 resistance zone. A breakout above this level may act as a catalyst for further gains, potentially marking the start of a sustained uptrend. Historically, Bitcoin has shown a tendency to gain momentum after the New Year’s pause, making January 8, 2024, a key date to watch for heightened volatility and potential upside movement. Bearish Scenario Conversely, a breakdown below the $92,200 support could trigger a retest of the $90,800 level. A more severe downturn might lead to Bitcoin revisiting its major support at $85,000. This psychological level will play a pivotal role in determining whether BTC can stage a trend reversal or face further downside as sellers shake out weak hands. Market Sentiment and Outlook The broader market sentiment remains cautious as Bitcoin’s price consolidates within its current range. MicroStrategy’s recent purchase has injected some optimism, but the market awaits stronger signals of a directional move. Traders are closely monitoring the $101,000 resistance level, which could act as a springboard for greater gains if breached. Conclusion Bitcoin’s price is at a critical juncture, with key support and resistance levels in focus. MicroStrategy’s continued investment highlights institutional confidence, while technical indicators suggest potential for both recovery and further downside. As the market navigates this pivotal phase, all eyes are on Bitcoin’s next move, which could shape its trajectory for the months ahead.
BINANCE:BTCUSDLong
by DEXWireNews
1
Bitcoin Massive Pullback or Breakout? Stay AheadAs we mentioned in our last post that Bitcoin is trading in ascending channel.After a breakdown from the channel BTC finds the support between at $92,600.82 to $91.500.93 zone in Green. Now, we are observing two possible scenarios: Bearish Scenario: BTC is currently testing its resistance at $99,267.19 and has been rejected multiple times, if the price of Bitcoin fails to break this resistance level we might see a pullback to its support zone Green, and if this zone fails to hold the price we could see some more drop in the price to next support zone at $86,125.66 to $85,159.31 in Blue. A strong bounce in this region could potentially set the stage for Bitcoin to make a new all-time high. Bullish Scenario: If the price of Bitcoin flips the resistance at $99,267.19 and the lower boundary of the ascending channel we could see the price reach the middle line of the channel. Overall we are bullish until 1st and 2nd quarter of 2025. Don't panic, these dips are good for filling your bags. If we see a correction in the price that we are expecting this is a blessing to us to fill our bags. This market loves to shake out the weak hands before making its real move. A pullback here might just be the perfect opportunity to position yourself smartly. But remember: discipline is key. Don’t rush—wait for confirmations at key levels. Stay sharp and patient. This market isn’t for the faint-hearted, but the potential rewards for disciplined traders can be life-changing. Let’s crush it!
by TheCryptoCity
1
History Repeats? BTC Explosive 2025 ForecastSome people think #Bitcoin has already hit its highest point, but history shows that might not be the case. In previous cycles, Bitcoin tends to go parabolic and hit a peak a few months after breaking its previous all-time high (ATH). For example, in 2013, it peaked 273 days after breaking its ATH, in 2017 it took 233 days, and in 2021 it took 328 days. This pattern suggests that Bitcoin’s peak happened well after the ATH breakout. Looking ahead to the 2025 cycle, if Bitcoin follows a similar pattern, we could expect a peak between June 2025 (233 days after a breakout) and October 2025 (328 days after). While no one can predict the exact timeline, these historical trends provide a rough estimate of when Bitcoin might reach its next major peak.
by TheCryptoCity
1
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
KRAKEN:BTCUSDShort
by Mindbloome-Trading
2
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.
CRYPTO:BTCUSDShort
by unichartz
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.
MARKETSCOM:BITCOIN
by Marketscom
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.
COINBASE:BTCUSDLong
by h77nry
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! 👇
BINANCE:BTCUSD
by hydtie