Bitcoin, Gold, and Crude Oil Analysis

analysis of Bitcoin Gold and Crude Oil

Weekly Bitcoin, Gold, and Crude Oil Analysis – Key Levels and Trading Insights

Introduction

Welcome to this week’s in-depth analysis of Bitcoin, Gold, and Crude Oil. If you are actively trading in MCX or cryptocurrencies, these insights and levels will be highly beneficial for you. Additionally, if you trade Bitcoin, you can join our premium channels for free—simply open an account using the link in the description and gain access to live sessions and automatic signals generated by our SMC and I Sell indicators.

Analysis of Bitcoin Gold and Crude Oil

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Bitcoin Analysis

Key Levels and Demand Zones

4-Hour Time Frame:

The last demand zone for Bitcoin is at $91,500, which remains intact. As long as this demand level holds, the buying depth formula remains effective.

1-Hour Time Frame:

Fresh demand is being generated around $96,000, making it a key support zone. If the market dips to $96,000-$96,500, it presents a strong buying opportunity.

15-Minute Time Frame:

Two additional demand levels are identified at $96,400 and $96,800. A multiple-bottom scenario at $96,400 indicates a strong demand zone.

Resistance Levels:

The primary supply zone is near $98,000-$98,400. If Bitcoin reaches $98,400, a selling opportunity may arise.

Market Outlook:

Bitcoin is attempting to take support on the daily time frame. Given upcoming negative news, risk management with stop losses is essential to secure trades.

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Gold Analysis

Key Trends and Levels

Long-Term Target:

Gold’s long-term bullish trend suggests targets of $2,920 and $3,025.

 

 

Recent Breakout:

Gold has broken the $2,788 resistance level on the daily time frame, signaling continued strength.

Buying Opportunities:

• If gold dips to $2,720, it presents an excellent long-term buying opportunity.
• On a 4-hour time frame, gold’s nearest demand zone is $2,800—a strong buy level if reached on Monday.
• For intraday trades, if gold starts moving above $2,864, traders can buy with a stop loss at $2,860 and target $2,872 and $2,880.
• A deeper pullback to $2,852-$2,850 will also be a solid buying opportunity with a stop loss at $2,846.

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Crude Oil Analysis

Market Trends and Strategy

Fundamental Factors:

Crude oil supply fundamentals have weakened due to the recent ban imposed by the U.S..

Support and Resistance Levels:

• A key support zone is around $68, aligning with a strong trendline.
• If crude oil approaches $68-$70 and forms a green candle on the 5-minute chart, it may confirm a bottoming-out scenario.

Trading Strategy:

• If crude oil rises near $77,000, a 5-minute green candle confirmation could trigger a short-term buy trade targeting 300-400 pips.
• Currently, crude is in a sell-on-rise mode.
• In our premium channel, we successfully executed back-to-back profitable trades, capturing both top sell and bottom buy trades.

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Conclusion

This week’s trading outlook remains cautiously bullish for Bitcoin and Gold, while crude oil is showing signs of potential bottoming out. As markets evolve, traders must adapt and use stop losses effectively.

For more detailed insights and real-time trading signals, join our premium channel for free—just open an account using the link provided in the description.

Would you like us to cover Ethereum (ETH) in future analyses? Let us know in the comments section

Stay informed, stay inspired—happy trading! See you in the next session!