Bitcoin has established itself in the $7,600-$9,000 range, and is slowly regaining momentum. Veteran crypto trader, Filbfilb, confirms in his latest Decentrader newsletter that we should see the leading asset break above $12,500 before the upcoming halving event.
Dip to $5,000 Becoming Less Likely
The often-repeated meme for a dip to $5,000 may not materialize, the analysis confirms. Current support levels with robust volumes may prevent the slide, with a strong support level at $8,100. The $5,000 narrative is based on longer-term analysis of bitcoin still making lower highs, but the bullish MACD crossover that has recently appeared on the 1W BTC/USD chart strongly suggests against further decline.
It is often easy to get consumed by the narrative on twitter and fear mongering around dumping to $5k. As it stands, I cannot see the argument on the chart; sure, we haven’t put in a higher high yet on the Macro timeframes, but that is always the case until after the event.
The analysis does, however, mention that dips in bitcoin’s price will likely continue, and states that these should produce promising buying opportunities over the coming weeks.
After the sharp retracement to $8500 on Sunday, there has been a lot of bearish conversation remerging. At present, I do not share this view in the medium term. The 50 week moving average is squeezing up and lies around $8k at the moment and is a dip buying opportunity I am looking towards, should the opportunity emerge.
The trek to higher valuations, however, remains slow and variable. Bitcoin is yet to move in and retest the $9,500 resistance encountered during the last rally. Prices still have a marked upside, after a golden cross of weekly moving averages. However, the recent rejection of the 200-day moving average renews caution as rallies may be subdued.
…since reclaiming the $7600 – $9500 range, Bitcoin has been pushing towards the upper end of the range, but has been held down by the 200 day moving average. This has been overcome on the CME chart but is yet to occur on spot exchanges. Therefore in the interim, a battle between the 200 DMA at around $9k and the 50 WMA and 20 WMA around $8k is likely to follow before the top of the range can be tested.
A Case for $12,500 Bitcoin Price Before May
In this concluding statements, Filbfilb discusses the likelihood of a bullish head and shoulders setup appearing on the bitcoin chart. He predicts the top target for this pattern could exceed the $12,500 mark following a brief dip to the 20-week moving average.
The most opportunist trade which may present itself would be buying a dip to the 20 week moving average with a stop being a weekly close below the 50 week moving average and target of $12.5k which is the top target of the anticipated inverted head and shoulders pattern.
He does mention, however, that the new peak price will be largely dependant on the 20 and 50 weighted moving averages providing solid support.
I’m very much of the opinion that bitcoin will reach to at least the $12.5 level before the halving, but will have to reassess if the 50 WMA and 20 WMA do not provide support.
What do you think about the latest BTC expectations? Share your thoughts in the comments section below!
Images via Shutterstock The post appeared first on Bitcoinist.com. origin »
Thursday lands with XRP stepping into its first real ETF moment after the Nasdaq's certification, Bitcoin absorbing an $86,000 warning from a top trader and Vitalik Buterin pushing crypto back to strict trustless principles.
Bitcoin fell to $113K as a leading trader warned the Federal Reserve may cut rates too soon despite rising inflation. A bearish chart setup hints at a potential drop below $100K, pressuring altcoins.
A crypto trader on the platform Hyperliquid named James Wynn has opened a nearly $1 billion short bet against Bitcoin with 40x leverage, while Michael [...]
Bitcoin is edging closer to a high-stakes showdown. A massive $332 million short at 40x leverage is on the line.
Is a liquidation-fueled squeeze incoming?
While the market takes a breather, The post Bitcoin trader bets $332M against BTC at $85K – Will it pay off? appeared first on AMBCrypto.
While some speculate Bitcoin may have already peaked in 2023, one prominent analyst believes there is more upside ahead this year. According to popular TradingView trader FieryTrading’s recent analysis, Bitcoin could still rally to $48,500 before its 2024 halving event based on historical market cycles.
Bitcoin's declining volatility prompted increased trader interest.
The drop in miner revenue raised selling pressure concerns, while long-term holder supply rose.
Bitcoin [BTC] has not been The post Bitcoin: Will low volatility boost trader optimism? appeared first on AMBCrypto.
This week marked the 13th anniversary of what had sown the seeds of the crypto revolution that the world is currently witnessing, the release of the Bitcoin whitepaper by the pseudonymous Satoshi NakaThe post The other side: A Bitcoin trader's unflattering views on cryptocurrencies appeared first on AMBCrypto.
Macro trader Loma had previously forecast that BTC would trap bulls with a fake breakout in the run-up to Coinbase’s blockbuster direct listing on Nasdaq, a prediction that came true recently as bitcoin crashed.
From a technical perspective, Bitcoin is bearish, according to many traders.
The post Why this leading trader is hesitant to build a Bitcoin short position here appeared first on CryptoSlate.
As bitcoin rallied from $13,400 to over $19,000, a trader who bought the $36,000-strike January expiry call saw a paper profit of more than $4 million.
Prominent crypto trader Josh Rager assumes that before Bitcoin soars towards the dear $20,000 ATH, it is going to plunge below the current compression level
Bitcoin Trader has been heavily promoting itself as the best and safest automated cryptocurrency trading app that can help people earn $1,300 a day. Numerous fake reviews and scam checks on Bitcoin Trader are highly ranked by Google, making this scam appear legitimate.
Since moving back above $9,000, Bitcoin is now staying over $9,300 while managing a “real” daily trading volume of about $2. 2 million. According to the trader and crypto investor, Josh Rager bitcoin is currently in a clear range where it could go on for days.
While Bitcoin (BTC) holders and analysts worldwide are striving to predict the post-halving price, trader Eric Choe demonstrates why it may be pointless.
Will the third Bitcoin (BTC) halving catapult its price to the moon? If yes, when will it occur? A seasoned trader and advisor has shared a bullish mid-term prediction
Now that Bitcoin seems to have recovered from the recent collapse, and is trading in the accumulation range, a famous trader explains why Bitcoin is worth purchasing now
Cryptocurrency trader and analyst, CryptoBirb, discussed the sentiments and prospects for the Bitcoin (BTC) community that have resulted from the painful recession
Subsequent to the near 20 percent pullback in the bitcoin price, trader Nick Cote said that bears won the short term fight with more room for a deeper correction in the cryptocurrency market. More than $600 million worth of long contracts were liquidated on BitMEX on the day the bitcoin price plunged to $8,000, causing […]
The post Trader: bears won the short term fight for bitcoin, but what happens next? appeared first on CryptoSlate.
Subsequent to the near 20 percent pullback in the Bitcoin price, trader Nick Cote said that bears won the short term fight with more room for a deeper correction in the cryptocurrency market. More than $600 million worth of long contracts were liquidated on BitMEX on the day the Bitcoin price plunged to $8,000, causing […]
The post Trader: bears won the short term fight for Bitcoin, what happens next? appeared first on CryptoSlate.
In the past several days, the bitcoin price recorded a $2,000-drop in a short time frame, causing hundreds of millions of dollars worth of long contracts on BitMEX to be liquidated and causing havoc in the cryptocurrency market.
The Austrian Financial Market Authority, FMA, is warning the public against doing any business with cryptocurrency investments websites dubbed Bitcoin Trader. Speaking on Wednesday, the regulator said that, despite the entity carrying out businesses in the country, it hadn’t been granted the licenses to operate yet. In an announcement, FMA said that Bitcoin Trader is […]
Ripple (XRP) is once more on the receiving end; this time, from an unhappy trader and Bitcoin supporter, Tone Vays. However, it’s unclear if the trader’s sentiments are emanating from XRP’s competitiveness against Bitcoin or.
Bitcoin price took a surprising tumble after some inexplicable kerfluffle at BitMEX and traders are now wondering if the current rally has been compromised. Strong Correction Breaks Bitcoin’s Parabolic Advance Yesterday’s massive liquidation at BitMEX has the entire crypto-world up in arms and concerns about broken parabolas, fat fingers, wonky algos, and outright manipulation are setting every chatroom and journal on fire.
Peter Brandt, an old-school trader, spoke to CNBC about Bitcoin’s recent rally and what the future holds for its price. Brandt said that he was fairly bullish on Bitcoin since the bottom was already in.
Bitcoin could undergo an immediate bearish correction, but it would eventually bounce back towards $6,500, according to Peter Brandt. The veteran commodity trader said Saturday that the bitcoin price was meeting its crucial resistance level near $5,745, as shown in the chart below.
If you are new to the crypto space and want to learn more about trading there’s a useful app that focuses on one of the most popular cryptocurrencies. Bitcoin Cash: Online Course gives you the basics and explains in detail the instruments that any successful trader should be using such as fundamental and technical analyses.
After achieving $4,097 in global average price according to data provided by Coinmarketcap. com, the bitcoin price has retraced to $4,027 and below the $4,000 mark in some major markets. As bitcoin fell by just over 1 percent against the U.
After achieving $4,097 in global average price according to data provided by Coinmarketcap. com, the bitcoin price has retraced to $4,027 and below the $4,000 mark in some major markets. As bitcoin fell by just over 1 percent against the U.
Bitcoin Analyst Capitulates That’s right, CryptoYoda, an industry personality, trader, and thought leader extraordinaire that sports hundreds of thousands of followers, is leaving the industry.
A U. S. district judge has ordered a bitcoin trader to forfeit 81 bitcoins and sentenced him to 41 months in prison for money laundering. Thomas Mario Costanzo, also known as Morpheus Titania, sold bitcoins to undercover federal agents pretending to be drug dealers, according to the Department of Justice.
CNBC’s Brian Kelly and Litecoin founder Charlie Lee both spoke out last week as Bitcoin fell below $6000 USD. CNBC’s Fast Money trader and founder of cryptocurrency investment firm BKCM LLC, Brian Kelly, says Bitcoin is “not dead.
There is only one question on the mind of cryptocurrency enthusiasts at the moment: Where will Bitcoin go from here? According to one expert trader, the outlook does not look promising this summer.
Last week saw Bitcoin and the overall cryptocurrency market undergoing a massive correction. However, this correction has been not just limited to Bitcoin as the overall cryptocurrency market cap has corrected by more than $50 billion.
Chartered Market Technician (CMT) Tony “The Bull” Severino argues that Bitcoin’s most dependable macro tell—the copper-to-gold ratio—has broken character at the very moment the market typically enters a parabolic phase, leaving the post-halving script in disarray and altcoins without their usual rotation.
Bitcoin’s technical structure remains decisively negative and will stay that way “until” a key resistance level is reclaimed, according to veteran analyst Josh Olszewicz in his latest video published today.
Bitcoin is sitting on a technical ledge that could decide whether price makes a new all-time high or unwinds sharply into the $80,000s, according to veteran trader Josh Olszewicz (CarpeNoctom). “BTC complex iHS brewing in the megaphone,” he posted on October 30, 2025, adding in a follow-up: “Also this brewing, not great.
A widely shared seasonality snapshot is making the rounds ahead of month-end: a Coinglass heat map of Bitcoin’s monthly returns, reposted by trader Daan Crypto Trades. The table spans 2013–2025 and shows November as the statistical outlier in Bitcoin’s calendar—both for eye-popping gains and for sharp drawdowns in certain years.
The macro calendar is stacked in a way that crypto hasn’t seen in months, with monetary policy, geopolitics and Washington dysfunction converging into a single five-day window that also includes megacap tech earnings and the monthly candle close for Bitcoin on Friday.
Bitcoin hovered near the mid-$100,000s on Thursday, Oct. 23, as Standard Chartered’s global head of digital assets research Geoffrey Kendrick warned that a move below $100,000 by this weekend “seems inevitable”—while adding that any break could be fleeting the last last time bitcoin is ever below six figures.
Veteran chartist Peter Brandt ignited a fresh technical debate on X after publishing two annotated charts—one of today’s Bitcoin daily bars, the other of Chicago Board of Trade soybeans from 1977—arguing that the cryptocurrency may be carving out a broadening top akin to the historical commodity pattern that preceded a 50% collapse.
