{"id":235976,"date":"2025-05-04T01:30:00","date_gmt":"2025-05-04T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=235976"},"modified":"2025-05-03T01:52:19","modified_gmt":"2025-05-03T08:52:19","slug":"bitcoin-heading-100000-bull-target","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/bitcoin-heading-100000-bull-target\/","title":{"rendered":"Bitcoin towards $100,000 bull target"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Bitcoin <\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>April closed with a +14% gain.<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/investing.com\/crypto\/bitcoin\" data-type=\"link\" data-id=\"https:\/\/investing.com\/crypto\/bitcoin\" rel=\"noopener\">Bitcoin <\/a><\/strong>ended Q1 2025 around $80,000.<\/li>\n\n\n\n<li>This price was about 30% below the all-time high and well under Q4 2024\u2019s close.<\/li>\n\n\n\n<li>That price shift shaped expectations for April\u2019s flow of capital.<\/li>\n\n\n\n<li>Asset managers often rebalance quarterly.<\/li>\n\n\n\n<li>At Q4\u2019s end, Bitcoin was facing resistances.<\/li>\n\n\n\n<li>At Q1\u2019s end, the market was at support.<\/li>\n\n\n\n<li>April was expected to test highs. <\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin <\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-2.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-2.png\" alt=\"Bitcoin weekly chart spot price reference may 3rd 2025\" class=\"wp-image-236060\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-2.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-2-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-2-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-2-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/a><figcaption class=\"wp-element-caption\">Bitcoin Weekly Spot Chart from Coinbase for price reference purposes<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Monthly<\/em> chart of Bitcoin <\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT.png\" alt=\"bitcoin monthly chart may 3rd 2025\" class=\"wp-image-236069\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/a><figcaption class=\"wp-element-caption\">Bitcoin Monthly Spot Chart from Coinbase<\/figcaption><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Structure Breakdown\n<ul class=\"wp-block-list\">\n<li>January formed a tight bull channel\n<ul class=\"wp-block-list\">\n<li>Small or no pullbacks<\/li>\n\n\n\n<li>Driven by the breakout from an eight-month bull flag<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>That bull flag spanned $50,000 to $75,000<\/li>\n\n\n\n<li>The breakout fueled the run to $100,000<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>February changed the tone:\n<ul class=\"wp-block-list\">\n<li>A strong bear bar closed below January\u2019s low<\/li>\n\n\n\n<li>That broke the tight bull channel structure<\/li>\n\n\n\n<li>It raised the odds of a larger range forming<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>March brought uncertainty:\n<ul class=\"wp-block-list\">\n<li>Volatility increased, over $15,000 of price range<\/li>\n\n\n\n<li>It closed slightly red, but held above February\u2019s low<\/li>\n\n\n\n<li>Buyers defended $80,000<\/li>\n\n\n\n<li>Sellers failed to push lower, a sign of weak bears at the support zone<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>April\u2019s Outside Up Bar\n<ul class=\"wp-block-list\">\n<li>April printed an outside up bar<\/li>\n\n\n\n<li>It closed near its high, a clear sign of demand<\/li>\n\n\n\n<li>It traded above March\u2019s high, forming a High 2 setup<\/li>\n\n\n\n<li>Every micro double bottom is a High 2<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>The support came from key levels:\n<ul class=\"wp-block-list\">\n<li>Breakout Point of 2024\u2019s higher high<\/li>\n\n\n\n<li>Buyers stepped in near March\u2019s close and below its low.<\/li>\n\n\n\n<li>That action confirmed the area as a buy zone.<\/li>\n\n\n\n<li>Aligned with quarterly inflow expectations<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Looking Ahead, two main scenarios emerge:\n<ul class=\"wp-block-list\">\n<li>Small Pullback Bull Trend\n<ul class=\"wp-block-list\">\n<li>Getting new all-time highs in the following months is key to see a bull trend continue. <\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Broad Trading Range\n<ul class=\"wp-block-list\">\n<li>Sideways action, difficulty to visit prior all-time highs, may lead to another test at the $70,000 area at some point this year. <\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> chart of Bitcoin <\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-1.png\" alt=\"bitcoin weekly chart on may 3rd 2025\" class=\"wp-image-236063\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-1.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-1-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-1-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT-1-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><figcaption class=\"wp-element-caption\">IBIT Weekly Chart (Ishares Bitcoin ETF)<\/figcaption><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2024 Structure Review\n<ul class=\"wp-block-list\">\n<li>Bitcoin ranged between $50,000 and $75,000 for most of 2024<\/li>\n\n\n\n<li>Broke out through $74,000, rallied to $100,000 by November<\/li>\n\n\n\n<li>Brief overshoot to $108,000<\/li>\n\n\n\n<li>Formed a 3-month double top<\/li>\n\n\n\n<li>Neckline near $90,000 broke down, retested $75,000<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>That $75,000 area was critical:\n<ul class=\"wp-block-list\">\n<li>Breakout point from the 2024 range<\/li>\n\n\n\n<li>Matched IBIT ETF breakaway gap<\/li>\n\n\n\n<li>Strong buying reaction confirmed support<\/li>\n\n\n\n<li>No panic selling behavior <\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>High 3 Reversal\n<ul class=\"wp-block-list\">\n<li>After a test of 2025 lows, price printed a High 3 setup<\/li>\n\n\n\n<li>We flagged this as a legit setup to buy, the first legit setup since the drawdown<\/li>\n\n\n\n<li>The trigger led to a good follow through bar<\/li>\n\n\n\n<li>And finally, last week printed a strong bull bar<\/li>\n\n\n\n<li>This week extended the move<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Bull Positioning\n<ul class=\"wp-block-list\">\n<li>Buyers are up more than 1x risk<\/li>\n\n\n\n<li>Many are locking in profits or adjusting stops<\/li>\n\n\n\n<li>$100,000 is nearby and could cap short-term upside<\/li>\n\n\n\n<li>Expect profit-taking in that area<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>The High 3 setup wasn\u2019t high-probability\n<ul class=\"wp-block-list\">\n<li>It came inside a bear channel<\/li>\n\n\n\n<li>But the reward-to-risk ratio was attractive<\/li>\n\n\n\n<li>Traders aimed for 2:1, $100,000 is slightly below 2:1, but I think ok to take full or almost full profits<\/li>\n\n\n\n<li>Would you have taken that trade? Did the structure justify the risk?<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Trend and Support\n<ul class=\"wp-block-list\">\n<li>Trend traders may still wait for a close above the ATH<\/li>\n\n\n\n<li>Or wait for a bull flag within the range, and then buy the breakout of that bull flag<\/li>\n\n\n\n<li>That brings them a lower risk entry point than the current one. <\/li>\n\n\n\n<li>There should be support between current prices and the 26-week EMA<\/li>\n\n\n\n<li>Especially below this week\u2019s low<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Bear Positioning\n<ul class=\"wp-block-list\">\n<li>Bears lack a clean entry<\/li>\n\n\n\n<li>Selling strength has failed consistently<\/li>\n\n\n\n<li>They may look for a Low 2 or Low 3 setup<\/li>\n\n\n\n<li>That requires a second leg sideways to up to happen first<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Practical Takeaways\n<ul class=\"wp-block-list\">\n<li>April\u2019s gains followed the Q1 rebalancing setup we discussed<\/li>\n\n\n\n<li>High 3 Bulls may manage risk near $100,000, an area of likely profit-taking<\/li>\n\n\n\n<li>Bull Breakout and trend traders want some kind of compression before engaging<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">You can access all the weekend reports on the <a class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: Bitcoin Bitcoin The Monthly chart of Bitcoin The Weekly chart of Bitcoin Market analysis reports archive You can access all the weekend reports on the Market Analysis page.<\/p>\n","protected":false},"author":7271,"featured_media":236069,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1904,136],"tags":[223,324],"class_list":["post-235976","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-analysis","tag-bitcoin","tag-cryptocurrency","entry","override","shadow"],"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250503-BITCOIN-REPORT.png","author_info":{"display_name":"Josep","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/cnjoseluis10gmail-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/235976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/7271"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=235976"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/235976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/236069"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=235976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=235976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=235976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}