{"id":236490,"date":"2025-05-11T01:30:00","date_gmt":"2025-05-11T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=236490"},"modified":"2025-05-11T02:49:59","modified_gmt":"2025-05-11T09:49:59","slug":"bitcoin-professionals-step-out-above-100000","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/bitcoin-professionals-step-out-above-100000\/","title":{"rendered":"Bitcoin Professionals Step Out above $100,000"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Bitcoin <\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This week, <strong><a href=\"https:\/\/www.investing.com\/crypto\/bitcoin\" data-type=\"link\" data-id=\"https:\/\/www.investing.com\/crypto\/bitcoin\" rel=\"noopener\">Bitcoin <\/a><\/strong>reached the $100,000 level.<\/li>\n\n\n\n<li>The bounce from Q1 lows gained strength.<\/li>\n\n\n\n<li>All-time highs are close. A test at some point seems inevitable.<\/li>\n\n\n\n<li>Still, the current tone shifts.<\/li>\n\n\n\n<li>From bullish optimism to caution and patience.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin <\/h2>\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\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT.png\" alt=\"weekly chart of IBIT bitcoin etf on may 9th 2025\" class=\"wp-image-236571\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>2024 Structure Review<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bitcoin traded between $50,000 and $75,000 for most of the year<\/li>\n\n\n\n<li>In late Q3, price broke through $74,000<\/li>\n\n\n\n<li>Rally extended to $100,000, peaking at $108,000<\/li>\n\n\n\n<li>A three-month double top formed<\/li>\n\n\n\n<li>The neckline at $90,000 broke and retested $75,000<\/li>\n<\/ul>\n\n\n\n<p>$75,000 became a critical level:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It was the breakout point of the 2024 range<\/li>\n\n\n\n<li>It matched the IBIT ETF breakaway gap<\/li>\n\n\n\n<li>Buyers stepped in strongly<\/li>\n\n\n\n<li>No signs of panic selling appeared<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/bitcoin-heading-100000-bull-target\/\" data-type=\"link\" data-id=\"https:\/\/www.brookstradingcourse.com\/analysis\/bitcoin-heading-100000-bull-target\/\">High 3 Reversal<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>After the early 2025 lows, a High 3 setup formed<\/li>\n\n\n\n<li>We identified it as the first valid buy setup since the correction<\/li>\n\n\n\n<li>The trigger led to ok follow-through, which was also validated within our report<\/li>\n\n\n\n<li>Bulls hit their 2:1 target this week<\/li>\n<\/ul>\n\n\n\n<p>Keep in mind:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The High 3 happened inside a bear channel<\/li>\n\n\n\n<li>That reduced the probability of success<\/li>\n\n\n\n<li>But the reward-to-risk was favorable<\/li>\n\n\n\n<li>Many traders took the trade on that basis<\/li>\n<\/ul>\n\n\n\n<p>Trend and Supports<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trend traders may still wait for a close above all-time highs<\/li>\n\n\n\n<li>But they also need a tight trading range to form<\/li>\n\n\n\n<li>Without one, stops are wide and risk is high<\/li>\n\n\n\n<li>A tight range would offer a better entry<\/li>\n<\/ul>\n\n\n\n<p>Below current prices:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>26-week EMA may offer dynamic support<\/li>\n\n\n\n<li>There\u2019s a 4-bar bull micro channel<\/li>\n\n\n\n<li>Buyers are likely below this week\u2019s low<\/li>\n<\/ul>\n\n\n\n<p>Bear Positioning<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bears do not have a clean short entry<\/li>\n\n\n\n<li>They may wait for a Low 2 or Low 3, or ii, ioi setups<\/li>\n<\/ul>\n\n\n\n<p>Takeways<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>April\u2019s gains followed the Q1 rebalancing play we highlighted<\/li>\n\n\n\n<li>High 3 buyers took profits, they\u2019re not fueling the rally now<\/li>\n\n\n\n<li>No clear presence from bulls or bears at this moment<\/li>\n\n\n\n<li>Ask yourself:\n<ul class=\"wp-block-list\">\n<li>If no one\u2019s committed, what\u2019s likely to happen next?\n<ul class=\"wp-block-list\">\n<li>A sideways or pullback seems likely<\/li>\n\n\n\n<li>But no strong case for either side exists <\/li>\n\n\n\n<li>We should not care about what happen next, but what do we do next:\n<ul class=\"wp-block-list\">\n<li>Buy a Breakout Mode Pattern<\/li>\n\n\n\n<li>Buy a H1, H2, H3 <\/li>\n\n\n\n<li>Buy at hypothetical range&#8217;s low, below $75K<\/li>\n\n\n\n<li>Selling Bitcoin long-term charts is not recommendable, better only look to sell on weekly or monthly if it is profit taking<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/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\">The <em>Daily<\/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\/20250510-BITCOIN-REPORT-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT-1.png\" alt=\"daily chart of bitcoin spot on may 10th 2025\" class=\"wp-image-236568\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT-1.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT-1-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT-1-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-BITCOIN-REPORT-1-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Context and Structure<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Price was in a broad bear channel from all-time highs<\/li>\n\n\n\n<li>After each bear breakout, the market moved sideways or higher<\/li>\n\n\n\n<li>That behavior made bears look weak<\/li>\n<\/ul>\n\n\n\n<p>At $75,000:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Price tested the breakout point level from the weekly chart<\/li>\n\n\n\n<li>Filled a Breakaway gap on IBIT zone, created during a major bull breakout in 2024<\/li>\n\n\n\n<li>Also tested the 365-day EMA<\/li>\n\n\n\n<li>Institutional support by rebalancing fund demand<\/li>\n<\/ul>\n\n\n\n<p>Then:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bull breakout above the 30-day EMA<\/li>\n\n\n\n<li>Next, breakout above the neckline of a double bottom around $90,000<\/li>\n\n\n\n<li>Target of $100,000 was reached this week<\/li>\n\n\n\n<li>Price even overshot the target<\/li>\n\n\n\n<li>We expected a second leg up<\/li>\n\n\n\n<li>Instead, we got a strong continuation breakout<\/li>\n<\/ul>\n\n\n\n<p>That should raise a flag:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>When a breakout follows a breakout, it often leads to exhaustion<\/li>\n\n\n\n<li>This smells like FOMO rather than sustainable <\/li>\n<\/ul>\n\n\n\n<p>Why?<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Weekly bulls took profits, that\u2019s selling<\/li>\n\n\n\n<li>Who\u2019s buying? Likely emotional, retail traders chasing the move<\/li>\n<\/ul>\n\n\n\n<p>Still, don&#8217;t short blindly:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Betting against strong bull moves in Bitcoin has historically failed<\/li>\n\n\n\n<li>That doesn\u2019t mean you buy either<\/li>\n\n\n\n<li>Risk is challenging to manage with tight stops<\/li>\n\n\n\n<li>Professionals want structure<\/li>\n\n\n\n<li>This isn\u2019t it<\/li>\n<\/ul>\n\n\n\n<p>What are professionals Doing?<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ask this: Did they buy this breakout?\n<ul class=\"wp-block-list\">\n<li>Unlikely<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>So what can they do now?<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Wait for the next Breakout Mode pattern to develop<\/li>\n\n\n\n<li>Wait for price to pullback to the next round 5k number<\/li>\n\n\n\n<li>Take advantage of premium pricing through options<\/li>\n<\/ul>\n\n\n\n<p>A practical idea: Options short put spread (long)<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sell a put spread at $100K<\/li>\n\n\n\n<li>Take profits if it hits $105K<\/li>\n\n\n\n<li>Repeat with $95K, $90K, $85K<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>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 Weekly chart of Bitcoin 2024 Structure Review $75,000 became a critical level: High 3 Reversal Keep in mind: Trend and Supports Below current prices: Bear Positioning Takeways The Daily chart of Bitcoin Context and Structure At $75,000: Then: That should raise a flag: Why? Still, don&#8217;t short blindly: What are [&hellip;]<\/p>\n","protected":false},"author":7271,"featured_media":236571,"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":{"0":"post-236490","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-analysis","9":"tag-bitcoin","10":"tag-cryptocurrency","11":"entry","12":"override","13":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250510-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\/236490","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=236490"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/236490\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/236571"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=236490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=236490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=236490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}