BTC/USD Technical Analysis – Daily Ichimoku Acting as Resistance

BTCUSD Technical Analysis: Today I’d like to take a look at Bitcoin’s price action and conduct an Ichimoku-based technical analysis on the daily chart. What needs to be done for Bitcoin to revive its bullish momentum back to all-time highs?

Get my Updates. Free.

BTCUSD Technical Analysis

After reaching the all-time high levels close to $20,000 in December 2017, BTC saw sharp pullbacks all the way down to the 78% Fibonacci retracement level by February 2018. $5,970 provided hard support on February 6th. BTC/USD then spent the rest of February erasing losses. That is until it hit the daily Ichimoku cloud which has been acting as a resistance. Not only that, another resistance that prevented the bullish sentiment to continue, was the strongest Fibonacci level of them all, the 50%.

At around $11,544, BTC/USD formed an evening star candlestick chart pattern.The good news is, the Tenkan line has crossed above the Kijun line on Ichimoku Kinko Hyo‘s daily setup. BTC is currently supported by the 61% Fibonacci at $9,570. So all it needs is a renewed bullish momentum to help it cross over the Ichimoku cloud. So far at the time of filming early during Monday’s Asian trading session, the sentiment seems indecisive. We can see a Spinning Top candlestick right above the key Fibonacci support.

Bitcoin market cap currently stands a little above $164 billion.

In the international fundamental news, we’ve learned that one of Northern Ireland’s biggest residential property developers, will now be accepting Bitcoin as a payment method. This is reportedly the first house-building firm in the Republic of Ireland to accept BTC payments. They do recognize the challenges in accepting Bitcoin as payment. But are ready to take a chance. 

So it looks like if we get the price action back in the right momentum, the fundamentals could support a higher Bitcoin price.

Get my Updates. Free.

xoxo

Kiana

3 Bullish And 3 Risky Forces Shaping American Express Stock (AXP) Into 2026

American Express is often viewed as a mature, well understood credit card company, but its role in the financial system is broader than many investors realize.

It sits at the center of consumer spending, business payments, travel, credit risk, and data driven decision making. As these areas evolve, the dynamics shaping American Express stock are becoming more complex and, in some cases, less obvious.

Premium consumer behavior, business spending patterns, regulatory scrutiny, and technological change are all influencing how payment companies operate and compete.

Read More »

Micron Stock Surges After Blowout Earnings: Is MU Still A Buy In 2026?

Micron Technology (NASDAQ: MU) has quietly become one of the most important companies supporting the AI boom – even if it doesn’t receive the same attention as Nvidia or other high-profile AI names.

While much of the focus is on GPUs and AI software, Micron operates behind the scenes, supplying the memory that allows AI systems, data centres, and cloud platforms to function at scale.

Following a strong earnings update, Micron’s stock surged and quickly returned to the centre of market attention. The rally reflects growing confidence that the company’s strategic shift away from lower margin consumer products toward higher-value enterprise and data-centre memory is gaining traction.

Read More »

Why Big Tech Is Quietly Buying Western Digital (WDC) Stock

Western Digital Corporation (WDC) has been on a tear, its stock price soaring over 270% year-to-date as of early December 2025.

This massive growth isn’t just hype; it’s fueled by a perfect storm of events, including the strategic spin-off of its flash business, SanDisk, and an insatiable global demand for data storage driven by the AI revolution.

As a now “pure-play” Hard Disk Drive (HDD) manufacturer, WDC is uniquely positioned as the landlord for the internet’s exploding data. But with such a meteoric rise, is there still room for growth, or is the stock overheated?

Read More »

Marvell (MRVL) Stock: The Hidden AI Powerhouse Wall Street Keeps Underestimating

Marvell Technology (NASDAQ: MRVL) is quickly becoming one of the most important companies in the AI infrastructure space – even though many investors still aren’t sure what the business actually does.

While most headlines focus on Nvidia and its GPUs, Marvell builds the networking, optical, and custom silicon chips that help AI models move data faster and run more efficiently. In its latest earnings report, Marvell posted strong double-digit growth in its data center business and shared bold guidance for the next few years, sending MRVL stock higher.

Read More »

2 Months Ago Oracle Stock (ORCL) Was Flying And Now… The Mood Has Flipped. Is A Comeback Still On The Table?

Oracle is one of the biggest names in enterprise software and cloud services. They power databases used by governments, banks, hospitals, airlines, and global corporations. For years they were known for steady tech growth, not big surprises.

Then something wild happened.

Only two months ago Oracle stock was flying. Analysts cheered. AI deals stacked up. The company felt like it had finally stepped into a new era.

Now the mood has flipped.

Read More »

Is Alphabet’s (GOOGL) About To Take the Lead In AI? Google’s Gemini 3.0 – And Berkshire Hathaway’s Surprise Bet – Could Be The Catalyst Wall Street Isn’t Ready For

After spending much of 2023 and early 2024 trying to shake off the “AI laggard” label, Alphabet (GOOGL) now looks closer than ever to taking the lead in artificial intelligence.

The company has pulled off one of the biggest turnarounds in tech – moving from being doubted to being viewed as a frontrunner for the next decade of AI.

Read More »