TRENDING:

Trade War

XAU/USD

Bitcoin Technical Analysis: Maximum compression levels that can blow it all up

BTC/USD continues at annual volatility lows and pressure increases every minute.
A scenario of violent rupture of key levels is becoming more likely every day.

Tomas Salles FXStreet

The Bitcoin will continue to fall against the Dollar as predicted in yesterday's analysis.

The decline is not being accompanied by an increase in volatility, so it seems very complicated that the BTC/USD can fall sharply. This continuous decrease in volatility makes it very likely that the situation will be resolved violently since the accumulation of all types of buy and sell orders in ever narrower ranges will act as fuel when the BTC/USD decides where to go.

Again I apply a trend line analysis but today from a longer-term approach.

Do you want to know more about my technical setup?

BTC/USD 1D

The first thing that catches the attention of the graph is how, despite the relative strength shown recently by the Bitcoin, it remains in a weak area with a strong bearish profile.

In order to get out of this quadrant and move through one with a bullish profile, the BTC/USD needs to overcome the trend line that passes today for $6,613. It is close, very close, but seeing the last days of the BTC/USD, it seems quite far away.

Advertisement
Looking to put these strategies into practice? Check one of our recommended Exchanges

The bearish side of the chart provides two supports to keep in mind. The first at the price level of $6,296 (price congestion support) and the second at $6,189 (price congestion support). If this second support is lost, the BTC/USD would not find a reliable support, possibly down to the long-term bearish trend line currently passing through the $5.739 price level.

Looking to the medium and long-term, weekly closings below $6,172 and monthly closings below $6,385 would open a scenario of new annual lows.

Get 24/7 Crypto updates in our social media channels: Give us a follow at @FXSCrypto and our FXStreet Crypto Trading Telegram channel

Author

Tomas Salles

FXStreet

Tomàs Sallés was born in Barcelona in 1972, he is a certified technical analyst after having completing specialized courses in Spain and Switzerland.

Sonic Labs’ vertical integration fuels recovery in S token

Sonic, previously Fantom (FTM), is extending its recovery trade at $0.048 at the time of writing, after rebounding by over 12% the previous day. The recovery thesis’ strengths lie in the optimism surrounding Sonic Labs’ Wednesday announcement to shift to a vertically integrated model, aimed at boosting S token utility.

Midnight Price Forecast: NIGHT warms up as Hoskinson reveals March mainnet release

Midnight edges higher by 2% at press time on Thursday, driven by its founder announcing the mainnet release by late March at the Consensus 2026 event. The technical outlook for Midnight highlights a potential bottom formation that could ignite the next bullish trend.

Cardano Price Forecast: ADA eyes short-term rebound as derivatives sentiment improves

Cardano (ADA) is trading at $0.257 at the time of writing on Thursday, after slipping more than 4% so far this week. Derivatives sentiment improves as ADA’s funding rates turn positive alongside rising long bets among traders.

Top Crypto Gainers: Pippin rally logs over 75% gains, Aster and Kaia push higher

Altcoins, such as Pippin (PIPPIN), Aster (ASTER) and Kaia (KAIA) continue to trade in the green, defying the broader market pullback as Bitcoin (BTC) dropped to below $68,000. PIPPIN continues to rally and ASTER and KAIA show short-term recovery with possibilities of a breakout rally.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.