Gold's 2-hour chart shows that the price successfully reached a new high of $3057 today before retracing to $3025. Currently, gold is trading around $3037, and I expect a short-term push towards $3049 before looking for a trigger to potentially ride a correction down to targets below $3022. Stay tuned—this analysis will be updated soon! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Let's break down this CRYPTOCOM:BTCUSD BTCUSD chart and discuss the potential scenarios for 2025, considering current world economic conditions. **Chart Analysis:** * **Timeframe:** Daily (1D) chart, showing price action from early 2024 to March 2025. * **Key Levels:** * **Resistance:** $109,590 (recent high), $100,000 (psychological level). * **Support:** $80,000 (recent low), $72,000 (previous consolidation), $68,000 (strong support zone). * **Price Action:** * **2024:** A period of consolidation and accumulation, with a clear upward trendline from May to November. This suggests growing bullish momentum. * **Late 2024/Early 2025:** A significant rally, pushing BTC above $100,000 and reaching the $109,590 high. * **Recent Correction:** A sharp pullback from the highs, indicating profit-taking and potential trend reversal. The price is currently hovering around $86,000. * **Grey Box:** A highlighted area around $80,000 - $88,000, which represents a key support zone. **Most Likely Scenario for 2025 (Given Current World Economic Conditions):** **Current World Economic Conditions (Considerations):** * **Inflation:** Persistently high inflation in many countries is a major concern. Bitcoin is often seen as a hedge against inflation. * **Interest Rates:** Central banks are raising interest rates to combat inflation, which can negatively impact risk assets like Bitcoin. * **Geopolitical Uncertainty:** Ongoing conflicts and tensions create market volatility and uncertainty. * **Regulatory Landscape:** The regulatory environment for cryptocurrencies is still evolving, with potential for both positive and negative developments. * **Economic Slowdown/Recession:** Growing concerns about a global economic slowdown or recession. **Scenario:** **Range-Bound Trading with Potential for Further Correction** Given the current economic climate, the most likely scenario for 2025 is a period of range-bound trading for Bitcoin, with potential for further downside correction. Here's why: * **Uncertainty and Risk Aversion:** Economic uncertainty and rising interest rates make investors more risk-averse, reducing demand for volatile assets like Bitcoin. * **Technical Indicators:** The recent sharp pullback suggests a potential trend reversal. The $80,000 support level is crucial. A break below this level could trigger further selling pressure. * **Inflation Hedge Narrative:** While Bitcoin is seen as an inflation hedge, its correlation with traditional markets has increased in recent times, making it susceptible to broader market sentiment. **Buy/Sell Recommendations (General Guidance):** * **Long-Term Investors:** If you're a long-term investor with a high-risk tolerance, consider dollar-cost averaging (DCA) into Bitcoin during periods of weakness. The $72,000 and $68,000 levels could provide attractive entry points. * **Short-Term Traders:** Short-term traders should exercise caution and wait for clear signs of a trend reversal before entering long positions. Look for confirmation signals like a break above key resistance levels with strong volume. * **Risk Management:** Always use stop-loss orders to limit potential losses. Never invest more than you can afford to lose. **Important Notes:** * **This analysis is based on the provided chart and general economic conditions. The cryptocurrency market is highly volatile and unpredictable.** * **Do your own research and consult with a financial advisor before making any investment decisions.** * **Keep an eye on key economic indicators, regulatory developments, and market sentiment.** **In conclusion, while Bitcoin has shown strong bullish momentum in the past, the current economic climate suggests a more cautious approach. Expect range-bound trading with potential for further correction in 2025.**
.After a prominent Bullish divergence price action already makes HHs n HLs. .Ready for next HH.
The yellow line represents the highest gap. only shows up on the 5 minute for me. i think that is the point at which this uptrend stops and we continue down. the weekly has already turned over and the month is very close. I recommend shorting at 213, but I am certain we are headed to 213 before we continue the downtrend.
? Price has retraced into the 4H POI and is now reacting on the 15M. ? Still trading within the overall range and discount zone of the move. ? Price has just closed above the POI, confirming strength for now. ? Currently long and monitoring trades – staying flexible as anything can happen. Let’s see what prints. ??
doubled bottom printed daily buy bias bullish momentum use proper risk management
GM, Bitstampers! In today’s update, we’re diving into Bitcoin’s recent price action, analyzing its current trend, and identifying key support and resistance levels . Bitcoin Market Commentary Bitcoin reached a new all-time high (ATH) of $109.4K on January 20, 2025, on Bitstamp. Since then, the price has been in a sustained downtrend, marking 50 consecutive days without a meaningful trend reversal. On March 9, BTC broke below the 200-day simple moving average (SMA) and had repeatedly failed to reclaim it—until yesterday, when it made a conclusive close above it, indicating a potential trend reversal. We’re closely watching key support and resistance levels: March 11 low – Bitcoin touched 76K, and established short-term support. Next major support – Around 73K, aligning with the March 2024 high. A drop to this level would mark a >30% correction from ATH. With Bitcoin reclaiming the 200-day SMA, indicating a potential trend reversal, levels around 90K could act as an important line of resistance. If Bitcoin bottomed on March 11, that would mark an almost 30% correction lasting 50 days. What’s next for Bitcoin? Has it bottomed, or is further downside in play? When do you think Bitcoin will trade above 100K again? Share your thoughts in the comments!
https://www.tradingview.com/x/n14wjGq5/ AUDCAD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long AUDCAD Entry - 0.9024 Sl - 0.8994 Tp - 0.9076 Our Risk - 1% Start protection of your profits from lower levels Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
NASDAQ:META As we discussed before a breakdown out of this Bullish Trend since 2022 would be very bearish and take META to the $400's. Well, they said, hold my beer, and bounced hard exactly at the bottom of the channel and Anchored VWAP. It's not over yet, as we need to follow through next week with a nice engulfing candle to make people into believers! Not financial advice.
The price of Gold vs. the US Dollar (XAU/USD) has hit a new record, surpassing $3,050 per ounce! The main drivers behind this surge include escalating conflict in the Middle East and concerns over a slowing US economy. Additionally, US trade wars with China, Canada, and Mexico continue to push global gold prices higher. The Middle Eastern conflict escalated after Israeli airstrikes on Hamas targets in Gaza, driving demand for gold as a safe-haven asset. Another contributing factor is weak US retail sales data for February, which grew only +0.2% instead of the expected +0.7%, heightening recession fears. Moreover, ongoing trade wars — linked to import tariffs introduced by Donald Trump — are putting pressure on global markets, further increasing gold’s appeal as a protective asset. April gold futures are currently trading around $3,000 per ounce. Since the beginning of 2025, the precious metal has gained over 14% , reinforcing its status as a reliable asset during uncertain times. Major investment banks forecast further price growth: UBS Group expects $3,200 per ounce by year-end. Macquarie Group forecasts a rise to $3,500 in Q2. BNP Paribas predicts an average price above $3,000 throughout 2025. Analysts at FreshForex emphasize that in times of global uncertainty and rising risks, gold remains the ultimate safe-haven asset, expecting new all-time highs ahead. Seize the opportunity now! For our valued readers, we’re offering an insane 202% bonus on deposits over $202! Simply contact support with promo code 202GOLD , fund your account, and trade with TRIPLE capital! Trade with us – 270 assets, including CFD metals, with up to 1:2000 leverage! Track the markets and earn