Triple top

[michellee]

I guess the price can back to $100,000 again this end of the month IF there is nothing bad news release. We hope everything will smoothly and lift the price to that price. But we need  to be careful of this because no one will know what happen later.

For those who suffer of waiting the price increase can feel happy because they can see their Bitcoin investment increase. They can still wait until the price hit $100,000 soon and prepare for their target to sell. And now, Bitcoin price back to $93,000

[batang_bitcoin]

Let us see if $90000 will be a good support again just as it was before it fall below the price. If it becomes the support, we should expect bitcoin to increase up further. Nice seeing this happening.

We'll see the confirmation of this with the week. If it stays longer at $90k-$93k then we can conclude that we'll totally have a nice thing to be seen again. This adds confidence that the market is going back to its former route and it should break the barrier of $100k once again.

I guess the price can back to $100,000 again this end of the month IF there is nothing bad news release.

I don't think it will happen for this month but I hope that I am wrong and we'd see Bitcoin going back to $100k and higher again. We've seen how the US currently is playing out with most of the markets including crypto thanks to Trump's economical policies. Hopefully, hopefully.... no bad news.

[LogitechMouse]

The picture that I just shown is the chart of Bitcoin on a weekly chart. It's almost the same as what you shared OP where $88,000-$89,000 is acting as a resistance.

Also, the 21 Weekly Moving Average (the blue line) is acting as a dynamic resistance, and it touched it three times already. Now we just saw Bitcoin's price surpassing that line. What we need now is for Bitcoin to end this week above the blue like and maintain its price to be above it as well. If that happens then I guess it's safe to say that the market has reversed already.

It's good to see the market going up already, and TBH, I didn't expect it to happen especially now that there isn't any news which is good unlike the recent tariff drama. With this movement, I expect that in the following weeks, we will the market continuing to go upwards already, but in the next few days, expect a bit of a correction before it goes up again.

[Barikui1]

You can see the daily candles of bitcoin price chart with triple top that I indicated with white circles. Bitcoin was almost at $89000 in the three but did not get to $89000.

Though am seeing this your post very late, but it's a trade I have been following up for a while now, and I was glad I didn't miss this opportunity because, the Bitcoin price has form an inverted head and shoulder pattern on the daily timeframe long ago, so the probability of it breaking was just too high, so it was just a matter of when it will happen.
What gave me confirmation that the price is going to $102k is this chart here

It's on the weekly timeframe, though it's has already broke through now, but I believe that the next major resistance is in the $102k mark, so the buying sentiment of the bullish engulfing candle sticks are a clear signals that their are still a lot of buyers in the market as at now

[EluguHcman]

And now that the market is gradually on recovering which at this moment as I make this post is $93.6K, it should not be doubted that the $89K resistance was the barrier point for the market to accelerate which has brought almost 6% from the recent $89K resistance.

For the fact the market has experienced price declines all these while and has broken out from the hook point ($89K), there is being a relief of liquidation for pump hopefully to hit $100K again until the market is recovered and then, we would hope to see other ATHS because aftermath, the momentum the market has accumulated while suffering the resistance and declines will enhance a great a achievement in the market.

I am just glad seeing the market promising again in this short time after the speculations that the bull run was over.

[buwaytress]

It's good to see the market going up already, and TBH, I didn't expect it to happen especially now that there isn't any news which is good unlike the recent tariff drama. With this movement, I expect that in the following weeks, we will the market continuing to go upwards already, but in the next few days, expect a bit of a correction before it goes up again.

Definitely got me surprised. We were supposed to see some correlation with traditional markets but BTC seems to have aligned itself with European strength and shunned Asian and US weakness.

Then again, we should take into account the developments of the last Q. Months ago, put a pen down on sub 90k in April, and that was considered bearish -- we're not far off that mark now

[fikrett]

It's good to see the market going up already, and TBH, I didn't expect it to happen especially now that there isn't any news which is good unlike the recent tariff drama. With this movement, I expect that in the following weeks, we will the market continuing to go upwards already, but in the next few days, expect a bit of a correction before it goes up again.

Definitely got me surprised. We were supposed to see some correlation with traditional markets but BTC seems to have aligned itself with European strength and shunned Asian and US weakness.

Then again, we should take into account the developments of the last Q. Months ago, put a pen down on sub 90k in April, and that was considered bearish -- we're not far off that mark now

Heavily depends on the person in question of who is asked - some think the bear is already there, some - that we are almost in the bull, that the bull is running already - it shouldn't matter for us in the long run, as long as our targets will be reached eventually.

[Ishicryptic]

I guess the price can back to $100,000 again this end of the month IF there is nothing bad news release. We hope everything will smoothly and lift the price to that price. But we need  to be careful of this because no one will know what happen later.

For those who suffer of waiting the price increase can feel happy because they can see their Bitcoin investment increase. They can still wait until the price hit $100,000 soon and prepare for their target to sell. And now, Bitcoin price back to $93,000

During the dip doubters were speculating that we have entered bear run and weak hands were busy offloading their bags. Those that believed that bull run is not yet over were busy accumulating their bags, I hope that it continues to rally till we see a new ATH. No further doubts, the way it is rallying now it is only a matter of small time before we hit the $100k mark again. There is still hope for investors that wants to take profits when price surpasses the current ATH. We should know that Bitcoin has the potentials to always recover and rally whenever it dumps

[Cointxz]

I guess the price can back to $100,000 again this end of the month IF there is nothing bad news release.

I don't think it will happen for this month but I hope that I am wrong and we'd see Bitcoin going back to $100k and higher again. We've seen how the US currently is playing out with most of the markets including crypto thanks to Trump's economical policies. Hopefully, hopefully.... no bad news.

Nothing is impossible on Bitcoin now since the price is already at 92K while it’s on 83Kish price level last week. The monthly candle is also closing that typically resulted to more aggressive price action depending on the current which on this case bullish

It’s possible that the price will just hit 100K then correct since there’s a lot of manipulators now on the market that influenced the price whenever it hits a resistance/support.

[nemesis_incarnate]

Nothing is impossible on Bitcoin now since the price is already at 92K while it’s on 83Kish price level last week. The monthly candle is also closing that typically resulted to more aggressive price action depending on the current which on this case bullish

It’s possible that the price will just hit 100K then correct since there’s a lot of manipulators now on the market that influenced the price whenever it hits a resistance/support.

If the bullish events and funds keep on coming - sure, why not?

I agree with this take and would like to be more optimistic about the current situation and the run as a whole.

[Moreno233]

I guess the price can back to $100,000 again this end of the month IF there is nothing bad news release. We hope everything will smoothly and lift the price to that price. But we need  to be careful of this because no one will know what happen later.

For those who suffer of waiting the price increase can feel happy because they can see their Bitcoin investment increase. They can still wait until the price hit $100,000 soon and prepare for their target to sell. And now, Bitcoin price back to $93,000

At the momentum with which Bitcoin is moving, it will not even reach end of the month before Bitcoin touch $100,000 and like you said, in the absence of a bad news. I know a number of factors contributed to the rapid rise we are seeing now such as some whales purchase, some stability in the US as Powell was not sacked by Trump and other minor factors which are all positive to Bitcoin. With a sustenance of those factors, Bit can even move 6% in next 24hrs and that will take us to $100,000.
Meanwhile, triple top is usually a stack of liquidity which the market often seek and that is part of the driving force of the market for now. I expect market to clear those sell stops and trigger some buy stops resting at the top before giving some correction to hit the stop loss of the triggered buy stops, thereafter continue the rally.

[batang_bitcoin]

I guess the price can back to $100,000 again this end of the month IF there is nothing bad news release.

I don't think it will happen for this month but I hope that I am wrong and we'd see Bitcoin going back to $100k and higher again. We've seen how the US currently is playing out with most of the markets including crypto thanks to Trump's economical policies. Hopefully, hopefully.... no bad news.

Nothing is impossible on Bitcoin now since the price is already at 92K while it’s on 83Kish price level last week. The monthly candle is also closing that typically resulted to more aggressive price action depending on the current which on this case bullish

It’s possible that the price will just hit 100K then correct since there’s a lot of manipulators now on the market that influenced the price whenever it hits a resistance/support.

Many sell orders are probably set once we hit $100k soon. And that's why for us to see the better days, we have to be prepared what Bitcoin might be reaching soon. Or this is the time that we've been waiting for and we're done with the bearish days where the trap have been set and we've hit that below $80k. There's a lot of money wiped out in the stock market and they've flown to crypto and of course the number one beneficiary, Bitcoin.

[KingsDen]

It's good to see the market going up already, and TBH, I didn't expect it to happen especially now that there isn't any news which is good unlike the recent tariff drama. With this movement, I expect that in the following weeks, we will the market continuing to go upwards already, but in the next few days, expect a bit of a correction before it goes up again.

Definitely got me surprised. We were supposed to see some correlation with traditional markets but BTC seems to have aligned itself with European strength and shunned Asian and US weakness.

Then again, we should take into account the developments of the last Q. Months ago, put a pen down on sub 90k in April, and that was considered bearish -- we're not far off that mark now

I already thought nothing moved the market, but remember something from the fundamental must move the market. My little research showed two things that moved the market;

• MS bought more bitcoin equivalent to $555 million.
• Trump is becoming considering and lenient in his trade war against China.

These two factors did move the market.

[LogitechMouse]

---

Definitely got me surprised. We were supposed to see some correlation with traditional markets but BTC seems to have aligned itself with European strength and shunned Asian and US weakness.

Then again, we should take into account the developments of the last Q. Months ago, put a pen down on sub 90k in April, and that was considered bearish -- we're not far off that mark now

I already thought nothing moved the market, but remember something from the fundamental must move the market. My little research showed two things that moved the market;

• MS bought more bitcoin equivalent to $555 million.
• Trump is becoming considering and lenient in his trade war against China.

These two factors did move the market.

So, I guess it's Trump again that's the reason why the market pumped. 
Kidding aside, we are seeing a bit of a correction already as the price of Bitcoin is slowly going down and now is at $92,000 already.

Correct me, but it seems like these companies are buying Bitcoins every single day. I mean a few days ago I saw Strategy, then I saw Metaplanet, then I saw Blackrock, and now Microsoft. Now more, and more companies are stacking up Bitcoin, and if this continues it might cause a supply squeeze.

Anyway, as for Bitcoin, I said that it's good to see it going above the 21 Weekly Moving Average already, but there's 2 things that it must do in order for us to be convinced that we are going up to new ATH already.
1. It must stay above 21 Weekly Moving Average this week.
2. It must stay above that MA for the upcoming weeks.
The next 4-5 weeks approx. are a very important weeks for Bitcoin. Failing to sustain this price movement will cause to a false breakout and it's also a sign that the bulls are weakening, and we might see a potential downwards movement again towards the recent lows of $74,000 or even lower. Just a prediction.

[JeffBrad12]

Touching resistance again at 93k, seems many people are just closing their position for break even, I think we might see $95k and above very soon though, I have no other sentiment but bullish for bitcoin.
Now that trump finally trying to make deal and promise to not make things difficult, seems people are coming back to stock and crypto, can definitely see how things play out.
Never go wrong buying bitcoin's dip as always.

[Yaunfitda]

Touching resistance again at 93k, seems many people are just closing their position for break even, I think we might see $95k and above very soon though, I have no other sentiment but bullish for bitcoin.

We've seen to hit the resistance along $94k-$95k at it rejected this price and now we are back to $92k'ish. But I do agree that we are still bullish, albeit not the way that we wanted like having a huge increased in short amount of time.

Now that trump finally trying to make deal and promise to not make things difficult, seems people are coming back to stock and crypto, can definitely see how things play out.
Never go wrong buying bitcoin's dip as always.

It's good that he made the right decision to back down, but still not enough for some investors not to pour their money. If there is a huge rally then we might see the price really breaking that $95k barrier and then going to 6 digits. Although we still have a week to achieved that, but the market seems to be on a sideways as we might have reach the full potential of this short rally.

[peter0425]

For those who suffer of waiting the price increase can feel happy because they can see their Bitcoin investment increase. They can still wait until the price hit $100,000 soon and prepare for their target to sell. And now, Bitcoin price back to $93,000

It’s gone down to $92k. I must say that I am of course hoping for higher prices to come but this is a lot better than seeing bitcoin at less than $80k. It is less stressful and anxious inducing. Though if you trust bitcoin enough, it will not make you feel any stress. Right now, I am hoping bitcoin goes up again but I am not too worried if it comes down bit by bit, Because once I worry too much I might panic and sell so let’s regulate our greed and desperation.

[buwaytress]

I already thought nothing moved the market, but remember something from the fundamental must move the market. My little research showed two things that moved the market;

• MS bought more bitcoin equivalent to $555 million.
• Trump is becoming considering and lenient in his trade war against China.

These two factors did move the market.

Not too long ago MS was admitting it might have to liquidate. Buying on the rally again, well, surely still bears some weight in some quarters. Still not sure why markets take Trump seriously, or I'm being obstinate in thinking markets have some wisdom.

Correct me, but it seems like these companies are buying Bitcoins every single day. I mean a few days ago I saw Strategy, then I saw Metaplanet, then I saw Blackrock, and now Microsoft. Now more, and more companies are stacking up Bitcoin, and if this continues it might cause a supply squeeze.

Not really paying attention to how they're buying but MS is a one-man show so until he no longer calls the shots, yeah MS is always eating up (with the caveats I mentioned above).

All these people are highly leveraged though, I guess is my only reservation. Takes one domino.

[betswift]

For those who suffer of waiting the price increase can feel happy because they can see their Bitcoin investment increase. They can still wait until the price hit $100,000 soon and prepare for their target to sell. And now, Bitcoin price back to $93,000

It’s gone down to $92k. I must say that I am of course hoping for higher prices to come but this is a lot better than seeing bitcoin at less than $80k. It is less stressful and anxious inducing. Though if you trust bitcoin enough, it will not make you feel any stress. Right now, I am hoping bitcoin goes up again but I am not too worried if it comes down bit by bit, Because once I worry too much I might panic and sell so let’s regulate our greed and desperation.

Being optimistic and humble is the way to go - our patience will be rewarded down the line through 2025, at least that's how I see it.

[KingsDen]

---

Definitely got me surprised. We were supposed to see some correlation with traditional markets but BTC seems to have aligned itself with European strength and shunned Asian and US weakness.

Then again, we should take into account the developments of the last Q. Months ago, put a pen down on sub 90k in April, and that was considered bearish -- we're not far off that mark now

I already thought nothing moved the market, but remember something from the fundamental must move the market. My little research showed two things that moved the market;

• MS bought more bitcoin equivalent to $555 million.
• Trump is becoming considering and lenient in his trade war against China.

These two factors did move the market.

So, I guess it's Trump again that's the reason why the market pumped. 
Kidding aside, we are seeing a bit of a correction already as the price of Bitcoin is slowly going down and now is at $92,000 already.

Correct me, but it seems like these companies are buying Bitcoins every single day. I mean a few days ago I saw Strategy, then I saw Metaplanet, then I saw Blackrock, and now Microsoft. Now more, and more companies are stacking up Bitcoin, and if this continues it might cause a supply squeeze.

I have been advising people, but now I make bold to advise again that Anyone who has a good source of living, should stop selling their bitcoin. This coin will become more scarce and we all gonna look back today that we are selling bitcoin for a mare price correction and be bittered about it.

As much as you can, hold your BTC. I no longer see it as a currency, put it is purely an asset and a store of value.