BTC how it happened , on the way to 75kOn the 24H liquidation heatmap, current price is sitting just above a major liquidation cluster around 77k–78k, which already got heavily tapped. Most downside liquidity has been cleared, while larger untouched clusters remain above, especially around 80k–82k. When price stalls after This 4-hour (4H) chart of BTC/USD highlights a significant recent correction followed by a projected recovery phase. After a period of consolidation and a sharp breakdown through several Fibonacci and pivot levels, the price has found temporary footing near the $78,500 mark. Key Technical Observation
The price is currently in the process of completing Wave 5. After finishing the first four waves, Bitcoin is now advancing towards completing Wave 5, targeting around $77,000. From that point, upon confirmation of a positive (bullish) divergence on the MACD indicator, we could see an initial corrective rally up to $102,000 (representing approximately 50% retracement of the previous wave). The situation would then need to be re-evaluated from there. If this rally materializes, it would present a favorable opportunity for selling (taking profits or shorting). In the long term, the price outlook remains bearish or range-bound.
Binance Coin (BNBUSD) made yet another All Time High (ATH) this week, extending the strong rally it's been having since June 23 2025. That was when it hit its 1W MA50 (blue trend-line) and rebounded as it confirmed it s a Support.
That was the very same action that BNB took during the accumulation phase (blue Channel Up) of its previous Cycle on August 31 2020. As you can see, even the 1W RSI sequences between the two fractals match and what happened then was a massive parabolic rally (green) 3 months later that peaked a little above the 2.618 Fibonacci extension level.
With BNB coming off the current accumulation phase rather aggressively, do you think the market can repeat such rally to the 2.618 Fib ext, which would place us a little over $5000? Conservative targets still have BNB's peak zone within $1600 - 2000.
BTC/USD (Bitcoin / US-Dollar)Timeframe: 1 hour (1h) Current Price (at snapshot): ~116,911 Resistance Area: Approximately 117,600 –118,000 USD Support Areas: Minor: 116,400 – 116,200 USD Major: 115,200 – 114,900 USD Chart Significance: 1. Price is in a period of consolidation near resistance (~116,900-117,600). The shaded orange box shows a potential distribution area, where price could chop sideways before moving in either directions. 2. Bearish Projection (blue arrow): The analyst who marked this bearish expects BTC to reject the current resistance. The target is the lower 115,200 – 114,900 area, which is also near past support. 3. Bullish Risk: An invalidation of the bearish setup would occur if BTC broke and close above 117,600-118,000. That would suggest that price might then eventually continue to higher levels. Bearish Bias (short-term): Expect a rejection at the 116,900-117,600 resistance area with a downside target around 115,200 -114,900. Invalidation: A breakout above the 117,600-118,000 would fundamentally contradict our bias to be bearish. Plan (general): Conservative traders: Wait for confirmation on rejection (either rejection candle at resistance or break-down of support
Bitcoin is still maintaining a bullish market structure with clear higher highs (HH) and higher lows (HL) inside the ascending channel.
Current price action is approaching a major supply zone / resistance at 117,200 – 118,200, where institutional sell orders are likely stacked. #BNBBreaksATH #btc #BinanceHODLerZKC #SummerOfSolana? #MarketRebound $BTC $ETH $XRP
Bitcoin (BTCUSD) quickly invalidated the Crypto Reserve rally by Trump and finds itself again on the 1D MA200 (orange trend-line) for the 2nd time in 5 days and 3rd since October 14 2024. The key technically development that we should concentrate at is the failure to break above the 1D MA50 (blue trend-line) during Sunday's rally, as it is the level the price was being rejected throughout the whole February.
Until BTC breaks and closes above the 1D MA50, we can't expect a justifiable recovery. We are also on the 0.382 Fibonacci retracement level from the August 05 2024 Low. The last time the price was trading on those parameters was in late August 2023. More specifically, yesterday's 1D MA50 rejection resembles the August 29 2023 one, which came after a vastly oversold 1D RSI on August 18 2023, similar to the oversold RSI of February 26 (last Wednesday).
During this price action, it took Bitcoin exactly 1 month from the RSI bottom to break again above its 1D MA50, starting a rally that initially broke marginally above the -0.5 Fibonacci extension before a new 1D MA50 pull-back.
As you can see, the similarities between the two main phases of since the 2022 bottom are striking. Both started on a Channel Down and after the first Higher Lows formation, formed the Channel Up that was confirmed upon a 1D Golden Cross. It has to be highlighted that the 1W MA50 (red trend-line) has been holding since March 14 2023, it even supported during the August 2023 bottom formation and provided a massive bounce on the August 05 2024 low. With the 1W MA50 currently at 75070 and rising, it is natural to assume that it is the ultimate Support level.
Fib target levels based on previous 2017, 2021 and 2025 peaks with a speculative price discovery , trial based or government based price action blow off top. Can it happen??? Hell Yeah!! #LFG BUY BUY BUY all
Amid the ongoing price volatility on the cryptocurrency market, Bitcoin (BTC) has had its fair share of fluctuations. The leading digital asset has traded between $100,238.19 and $105,730.82 in the past 24 hours. This has prompted Ki Young Ju, CEO of CryptoQuant, to issue a significant warning to investors. $BTC $ETH $TRUMP #VVVonBinance #btc #DeepSeekImpact #MicroStrategyAcquiresBTC Target 105310
Soon, the price broke this level and continued to move up next. So, I think that Gold will make a small move up and then drop to the support level. That's why I set my TP at 2725 level. Please share this idea with your friends and click Boost 🚀