Market Overview: Bitcoin Bitcoin The Weekly chart of Bitcoin That area matters: There’s no evidence of panic selling Last week’s H3 bull signal: Is this a high-probability bet? This week closed as a near-perfect doji The price touched the 26-week EMA again We previously noted that April could bring a new bull leg This setup […]

Market Overview: Bitcoin Bitcoin staged a remarkable recovery this week, rebounding from a steep past weekend decline. The strong weekly close signals the first compelling bullish opportunity since the 30% drawdown from all-time highs. Unlike stock market indices, which displayed scary bearish breakouts on weekly and daily charts, Bitcoin’s long-term resilience stands out. Despite a […]

Market Overview: Bitcoin Bitcoin ended Q1 2025 around $80,000—roughly 30% below its all-time high and well under the Q4 2024 close. That’s significant. Institutions and asset managers rebalance portfolios quarterly. At the end of Q4, we expected them to sell. Now that prices are much lower, the expectation is for them to buy. That rebalancing […]

Market Overview: Bitcoin Monday marks the final Bitcoin’s trading day of March and Q1 2025—a prime moment to decode price action. I’ve said it before: expect buying pressure from rebalancing. Q1’s close pushes institutions to adjust portfolios, bringing buyers into play. That alone won’t lift prices—it’s just a piece of the puzzle. Al Brooks cuts […]

Market Overview: Bitcoin As the final week of March 2025 unfolds, Bitcoin languishes in a subdued cadence, a stark contrast to the volatility that defined its earlier chapters this year. With the month’s end coinciding with the close of Q1, next week offers a juncture to reflect on 2025’s nascent trajectory. For this analysis, I […]

Market Overview: Bitcoin In my previous report, I cast a cautious eye on Bitcoin’s near-term trajectory, diagnosing a bearish tint to the market’s pulse. I highlighted the magnetic pull of lower levels—specifically, the breakout point of 2024’s eight-month trading range, a structural anchor that loomed large beneath the price action. On the IBIT ETF chart, […]

Market Overview: Bitcoin This week, Bitcoin is trading about 20% below its all-time high, a dip overshadowed by a historic move in its journey. On March 7, 2025, President Donald Trump signed an executive order launching the “Strategic Bitcoin Reserve” for the U.S., backed by roughly 200,000 bitcoins—worth around $17 billion—seized from federal forfeiture cases. […]

Market Overview: Bitcoin Over the past Bitcoin reports, we have consistently highlighted and anticipated the likelihood of a breakout as price compression intensified and key trading setups were activated. The underlying market structure suggested that the price was coiling within a range, building pressure for an eventual expansion. A major event to watch is The […]

Market Overview: Bitcoin For this week’s Bitcoin analysis, I have shifted back to spot charts, which should align better with the daily timeframe analysis. While the IBIT ETF breakout mode pattern on daily remains activated by bears, we can now observe the emergence of a contraction pattern—a triangle— on the daily bitcoin spot chart. Bitcoin […]

Market Overview: Bitcoin On the weekly chart, Bitcoin continues within a Breakout Mode Pattern (BOM) that follows a strong bull breakout from an 8-month Trading Range that had developed over the past year. On the daily chart, a BOM pattern that formed at the top of a trading range has already broken to the downside. […]