It's not confirmed yet, however there are signs that Bitcoin could be heading up from here Waiting for confirmations before making it official

We are at the very beginning of the bear market. Even if we have 2nd Manipulation (NEW ATH).

Current price: around 104,657 Trend context: recent recovery after a downward move Sell Zones Sell Zone HTF (107,500–110,000): This area acts as near-term resistance. Price could face selling pressure here and may offer short entry opportunities if rejection candles appear. A+ Level (122,500–125,000): This is a major resistance or higher-timeframe supply zone. It is a likely target for extended rallies but also a strong area for swing short setups if upward momentum weakens. Support and Reaction Levels Short-term support is around 98,700–100,000, which aligns with the recent low. The price is currently bouncing upward, potentially moving to retest the first sell zone. Bias Summary Short-term bias: bullish retracement as price moves up toward the sell zone. Medium-term bias: bearish to neutral, watching for rejection near 107,500–110,000. Confirmation: a clear rejection or bearish structure near the first sell zone could indicate continuation of the broader downtrend.

The daily chart shows that Bitcoin is testing a major long-term ascending trendline that has acted as strong dynamic support since mid-2023. This level has historically triggered large upward moves after each touch, making the current area a crucial point for both short-term traders and long-term investors. Short-Term Outlook (2–6 Weeks) Bitcoin is trading around 104,000–105,000 USD, sitting just above the main trendline and below the 50-day SMA (~112,000 USD). This creates a tactical squeeze zone between resistance and support. If BTC holds the trendline and reclaims 110,000–112,000 USD, momentum could quickly accelerate toward previous highs. However, if it breaks below 100,000 USD, a sharper correction could follow. Bullish Scenario (short-term): Entry: After a confirmed rebound above 108,000 USD Target: 120,000 → 130,000 USD Stop Loss: Below 99,000 USD Bearish Scenario (short-term): If BTC loses the 100,000 USD support and closes below the trendline Target: 88,000 → 80,000 USD Stop Loss: Above 107,000 USD Long-Term Outlook (3–9 Months) The broader trend remains bullish, supported by the upward-sloping trendline and higher highs since 2023. If the trendline continues to hold and Bitcoin clears 120,000 USD resistance, a new macro wave could target the 140,000–150,000 USD range. But a confirmed breakdown below the blue trendline would signal a shift to a medium-term corrective phase. Bullish Scenario (long-term): Target: 140,000 → 150,000 USD Stop Loss: 95,000 USD Bearish Scenario (long-term): Target: 75,000 → 70,000 USD Stop Loss: 110,000 USD Summary Bitcoin is standing at a make-or-break point along its key trendline support. A rebound here could reignite the bull trend toward 130K and higher, while a confirmed breakdown below 100K could trigger a deeper retracement phase.

Price has retraced and we can expect if price rejects the daily supply zone (around 109,354–111,246 USD) after a strong bearish impulse. This zone aligns with prior imbalance and bearish order flow, offering a high-probability sell limit opportunity. Trade Setup Details: Type: Sell Limit Entry: 109,354 Stop Loss: 111,246 Take Profit: 98,780 Risk-Reward: 5.59R Technical Context: Daily structure remains bearish with lower highs forming. The 30m supply zone confluences with the daily supply, reinforcing the rejection area. Target set near previous demand base and liquidity sweep around 98,780. Trade Plan: Wait for price to tap into supply and show confirmation of rejection before executing. Manage risk responsibly and trail stop once price clears 1R.

BTCUSD still bearish on the hourly time frame am looking forward to see price revisit 105k after taking out the inducement at 104k and more confirmation from min time frame to sell down to 98k....

50-week Moving Average is very important for Bitcoin. The bear market ended when BTC broke above the 50W SMA. In April 2023, it didn't re-test the 50W SMA but came very close. Then, it expanded 196.17% from that point in 26 weeks. In August 2024, it wicked below the 50W SMA, and expanded 122.75% from that point. It also had another touch in September before going up. The run lasted 24 weeks. In April 2025, again BTC wicked below the 50W SMA, and then had a 69.53% run in 26 weeks. By extrapolating the data and calculating the rate of decline between each data point, BTC may have another 34% to 40% run from the last wick. This puts BTC into a price range between 132,610 and 138,550 with an average of 135,580. However, even though the last 3 runs took 26, 24, 26 weeks, I don't think we have another 26 weeks to go until May 2026. The cycle is delayed because of the tariffs and the government shutdown, but I think BTC will go back to this point at the end of December or the beginning of January. 135k is a level that you can also calculate through Fib extensions and Elliott waves as well. Also, remember that if BTC has 2 consecutive weekly closes below the 50W SMA, it is the last confirmation that the cycle top has been reached. The 50W SMA is just below 103k right now. (The value is different in different exchanges).

As price hit resistence area expect to fall pls like for support thank you

BTC showed multiple breakouts from the falling wedge and now approaching strong resistance near 104,000–104,500 zone. Market may face rejection from this area before a potential drop. Volume also confirming short-term exhaustion. 🟥 SELL Zone: 103,800 – 104,200 🎯 Targets: • TP1 → 102,200 • TP2 → 101,200 • TP3 → 99,900 🛑 SL: 104,900 🟩 BUY Scenario: If price gives a clear breakout and close above 104,900, bulls may target 106,000+. ⚡ Focus on reaction at resistance — watch confirmation before entry. 📉 Yesterday’s BTC move already delivered solid profits — stay disciplined! ⚠️ This is NOT financial advice — trade at your own risk, for educational purpose only. 👑 ForexQueen Analysis — Learn | Trade | Earn 💎

Market conditions remain uncertain and unsettled, making it difficult to define a clear trend for Bitcoin or the broader market. That said, the overall trend remains bearish, with potential downside targets across different timeframes around $91700, $81200, $75100, and $70300. Reactions at these levels are to be expected. The color levels are very accurate levels of support and resistance in different time frames. A strong move requires a correction to major support and we have to wait for their reaction in these areas. So, Please pay special attention to the three accurate trends, colored levels, and you must know that SETUP is very sensitive. BEST, MT