Bitcoin

The chart is key to this analysis.

The last two key bottoms held 38.2% back to the 2022 low, once on 8/5/24 and then on 4/7/25. We know when following the ONE44 38.2% rule that holding this retracement should send it to a new high as it did in both of these instances. We are now watching the Fibonacci retracements below to see if the current trend will change.

Here is our analysis for this week.

(BTCUSDT) (BAK25) 

From last week,

It had a small range this week above 101,480 (78.6%) and with no new high all the Above/Below remain the same.

Use 101,480 as the swing point for the week again.

5/25/25

The push to a new ATH hit the 111,546 major Gann square and it is currently trading below the previous ATH at 109,012 and that usually is not a good sign. The retracements from the last 3 important lows of 2022, 8/5/24 and 4/7/25 all line up very nicely below, which could mean a longer term top is in, so we will start with the tightest retracement of 23.6% back to the 4/7/25 low at 103,200 as the key level for this week.
 

Use 103,200 as the swing point for the week.

Above it, there are only major Gann squares to look for resistance and then use as the swing point when closed above, the next two are 115,797 and 122,481.

Below it, holding 23.6% at 103,200 would be a very strong sign and a new ATH can quickly follow. The short term target is 97,550, this is 38.2% back to the 4/7/25 low and 23.6% back to the 8/5/24 low. The longer term target is 88,750, this is 61.8% back to the 4/7/25 low, 38.2% back to the 8/5/24 low and 23.6% back to the 2022 low. The long term swing point is now 75,400, this is 38.2% back to the 2022 low.

We have done 47 videos on how to use the Fibonacci retracements with the ONE44 rules and guidelines. These Videos are worth watching even if it is not in the market you are trading, as the ONE44 rules and guidelines are the same for every market. You will also see why we believe the Fibonacci retracements are the underlying structure of ALL markets.

Here is the latest.
 

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Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares.

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