TradeCityPro | Bitcoin Daily Analysis #3
2025-02-12
Category: None

👋Welcome to TradeCity Pro! 
Let's dive into Bitcoin analysis. As usual, I will review the best futures triggers for the New York session. The U.S. inflation report has just been released, so we can consider its impact when opening positions.

 ⌛️ 1-Hour Timeframe 
Yesterday’s analysis activated the short trigger at 97218, leading the price to the first target at 95979, where it found new support at 95108. I hope you took advantage of yesterday’s trigger and profited from the market movement.

🔍 Today, we have valid triggers for opening positions, as an interesting structure has formed for both long and short trades. If 95108 support breaks, you can enter a short position with a target at 92702.

📊 Market volume has been decreasing since reaching 95108, and we need to see which direction volume enters next. If bearish volume increases along with the support break, bearish momentum will strengthen, potentially initiating the next downward leg.

🔼 The long trigger is at 96394, with momentum confirmation coming from an RSI break above 50. This setup is considered risky and should be entered with minimal risk. The main long trigger is at 98482, which has become a strong resistance, and its targets could be 99946 and 101819.

 👑 BTC.D Analysis 
Yesterday’s BTC.D triggers were not activated, and the dominance is currently ranging.

💥 A curved trendline is visible on the chart. If it breaks, the trigger for confirmation will be at 61.49, signaling an increase in Bitcoin dominance.

✔️ Support at 61.10 is a key level, and considering the current market momentum, it is likely that this support will break, leading to a trend shift.



 ⌛️ Total2 Analysis 
Yesterday’s Total2 short trigger was activated alongside Bitcoin’s short trigger, so if you opened short positions on altcoins, you should currently be in profit.

🔑 Today, we also have valid triggers for trading. The short trigger is at 1.19, but this level is quite risky. The main short trigger is at 1.16. However, as seen earlier, Bitcoin’s trigger is much cleaner, and if Bitcoin dominance drops, a short position on Bitcoin will likely be better than on altcoins.

📈 For long positions, 1.24 is a valid trigger, but the price is still far from it. If this level breaks, we could open a long position with a target at 1.28.



 ⌛️ USDT.D Analysis 
USDT dominance triggers have not yet been activated, but the key levels have been updated. Here are the new triggers:

🔽 If 4.62 breaks (which is already happening and may complete within this candle), USDT dominance will increase, confirming our short positions.

💫 For long positions, the trigger is at 4.44. If this level breaks, USDT dominance could drop to 4.24.



❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.

Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.