Bitcoin Price Analysis: Key Levels, Trendline Rejection & Major Support Zones 🚀
$BTC
The Bitcoin (BTC) chart on the 1D timeframe (BITSTAMP) is showing some significant market structure levels, presenting a crucial juncture for traders and investors. Let’s break down the key insights from this chart and what to expect next.
🔍Technical Breakdown
1️⃣ Trendline Rejection & Short-Term Resistance
BTC has faced a trendline rejection (marked in red), showing that sellers are still in control.
The price attempted to break above the downward sloping resistance but failed, confirming bearish pressure in the market.
The short-term high at $91,794 is a key resistance level. If BTC breaks above this, we could see bullish momentum towards $100K.
2️⃣ Major Support Zone at $72K - $74K 🛑
The green zone (Major Support) around $73,500 has been tested previously and acted as a strong demand area.
If BTC falls further, this level will be critical for buyers to defend and could present a high-probability long opportunity.
3️⃣ MACD Indicates Bearish Momentum ⚠️
The MACD indicator shows a bearish crossover with the histogram trending downward.
This suggests weakening momentum and could hint at further downside if buyers fail to step in.
📈 What’s Next for BTC?
🔹 Bullish Case (Break Above Trendline & $91K Resistance)
If BTC closes above the trendline resistance and $91,794, we could see a strong move towards $100K+.
Momentum indicators must flip bullish for confirmation.
🔹 Bearish Case (Rejection & Drop to $73K Support)
If BTC fails to break above the trendline, a rejection could send the price towards the major support at $73K.
If this support fails, BTC could retest lower levels around $65K - $70K.
📊 For Swing Traders: Look for a bullish breakout confirmation above resistance or a strong bounce from $73K support.
🔻 For Short Sellers: A rejection at resistance could present shorting opportunities with stop-loss management.
A shocking market manipulation scheme has come to light, revealing how major players are controlling XRP’s price. This goes beyond normal fluctuations—it’s about deliberate market influence. Here’s what you need to know:
💥 The Hidden Agenda:
Insiders report that powerful entities are manipulating XRP through large trades and deceptive narratives. While hype spreads, a calculated strategy is unfolding. Stay vigilant!
⚠️ Critical Warnings for XRP Holders:
1️⃣ Misinformation Flood – Fake news about an XRP surge is everywhere, but in reality, big players are setting traps for retail investors.
2️⃣ Mass Liquidations – Sudden price drops could occur as large holders strategically sell off, forcing weak hands out before the real move.
3️⃣ Institutional Impact – Institutional investors are involved, but their objectives may not align with retail traders.
🔴 What You Should Do: ✔ Avoid FOMO – Fear of missing out can lead to costly mistakes. Make informed decisions. ✔ Follow Real Data – Track market volume and whale movements for genuine trends. ✔ Prepare for Volatility – Expect sharp swings before stability returns. Stay strategic.
⚡ Stay cautious, think critically, and don’t fall for manipulation! Make moves based on real insights, not market traps. 🚀
The recent crypto market crash has left investors concerned, with billions of dollars wiped out in just 24 hours. Two major factors are driving this downturn:
1️⃣ US Tariffs on Imports 📉 The United States has imposed a 25% tariff on imports from Mexico, Canada, and China, potentially igniting a trade war. As a result, investors are pulling funds from crypto and stock markets, opting for safer assets like bonds.
2️⃣ Kraken Delisting Key Stablecoins 🚨 Kraken has announced plans to delist several stablecoins—including USDT (Tether), PYUSD (PayPal USD), EURT (Euro Tether), TRUEUSD (TUSD), and Terra Classic USD—on March 31, 2019. This move is adding further uncertainty and selling pressure to the market.
With these two negative developments, investors are shifting towards more secure investments. Do you think the US will address trade concerns with Mexico, Canada, and China? 🤔💭
Strong demand area around $26.33 - $27.00, where price has bounced multiple times. A breakdown below this level could signal further downside.
Trendline Resistance:
A descending trendline is acting as resistance. A breakout above this trendline will confirm bullish momentum.
Wave Structure Prediction (Elliott Wave Count):
Possible 5-wave impulsive move expected after a bounce from the support zone.
Wave (1): Initial bounce from support. Wave (2): Pullback and retest of support/trendline. Wave (3): Strong breakout move. Wave (4): Minor correction before next leg up. Wave (5): Final push toward major resistance levels.
Targets:
✅ Target 1: $32.46 → First resistance zone after breakout. ✅ Target 2: $35.48 → Mid-level resistance and potential profit-taking area. ✅ Target 3: $41.86 → Final bullish target if momentum continues.
Trade Setup:
📌 Entry: Around $26.50 - $27.50 after confirmation. 🎯 Targets: $32.46 → $35.48 → $41.86. 🛑 Stop Loss: Below $25.80 (to avoid fakeouts). ⚡ Confirmation: Look for a breakout with strong volume above trendline resistance.
If price breaks trendline resistance, expect a bullish move toward the targets.
If price fails to hold major support, further downside may occur.
Bitcoin (BTC) Price Action & Volume Analysis (Bearish Signs in Short Term)
Keep Eyes👀 on it Support Bounce:BTC touched the pullback level and showed a strong bounce, indicating buying interest at this zone.This level acted as a liquidity grab, where price briefly dropped before reversing upwards.Volume Declining:Even though BTC bounced from support, the volume is going down, suggesting weak bullish momentum.If volume does not increase, this bounce could be short-lived, and BTC may face another decline.Key Scenarios:Bullish Case: If BTC sustains above the strong
🚀 BTC 4H Chart Breakdown - Major Reversal Incoming?
🔸 Key Levels & Structure:
Support Zone: $100K - $101K (Held Strong) Resistance Levels: $103.5K - $107K - $110K Fake Breakdown: The price dropped below the support but then was purchased. Is Bear Trap Confirmed? The long wick plus large volume suggests the possibility of accumulating money smartly.
🔸 Volume & Price Action:
Big Buy Volume spike (Red Arrows) A strong reaction at the support. Breakout Structure Formation? Higher lows indicate strength. Previous Highs at $107K-$110K Could Get Tested Soon.
🔸 Bearish Case?
If BTC cannot hold the $102K, a second test of $ 97 K to $ 98 K would be possible. A low bounce volume is a catch (Watch for a weak follow-through).
🎯 What's Next?
Brewed below $103.5K? Bulls target $107K-$110K. A rejection at $103K? Bears might push back to $100K. Be prepared for the high volatility!
🔥 Final Thoughts: The market is at a juncture. Breakout or Fakeout? Let us know your ideas in the comment section!
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