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#BITCOIN Daily Analytics Update 15th July

- Btc price trades in triangle. Support level of triangle is 9150 and also we have downward resistance line. If price will break resistance line then after retest or pullback we can to open long position.
- To open position only after confirmation and setup which you trade
- Always do your own research before opening positions and always put SL

https://prnt.sc/tier6m

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Trend Line Simplified📒

🔵 There are 3 types if trend
Bullish, Bearish & Sideways

🔵A trendline should be drawn by connecting minimum 2 lows or highs to know the supports & resistance in the prevailing trend

🔵Trend changes If any coin breaks the trend line decisively

#BITCOIN #Technicals

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Stay tuned for more upcoming updates.
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#Bitget #contract #trading #BTC #Bitcoin #crypto #cryptocurrency
$BTC - Weekly MACD - First Bear cross after 6 months and Bear histogram after 5 months of green mountains #bitcoin

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I have doing #copytrade on http://getcopy.trade/bitget in name of Tamilbtc.com just follow and earn 🤑💰.

Before just join on tx.me/bitget_tamil get free signals.

Also watch videos on Tamil Review Today YouTube channel.

#cryptocurrency #crypto #bitcoin #bitcointrading #bitcoininvestment
What a remarkable week for #Bitcoin

- Up 106% since breaking the $20,000 barrier on Dec.16
- Record volume on Perpetual Swaps - $136.9b
- Record daily active addresses - 1.35m
- Record number of holders - 33.56m addresses with a balance in $BTC
- 100% holders profitability
For the first time in #Bitcoin’s history, Bitcoin has fallen below its previous cycle’s #ATH.

More damage to come or #opportunity of a lifetime?

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#Bitcoin balance on exchanges has reached a 4 year low! 😯

Investors are accumulating and this helps support the notion that the “bottom is in”.

Awesome to see 👍🙌

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#Bitcoin    final washouts
#Bitcoin is testing the RSI band one more time.

Historically price has bottomed out every Bear Market after testing the lower band.

$BTC is already down ~77% down from its #ATH.
#Bitcoin's ranging prices have a lot to do with declining whale interest. This chart illustrates how closely #BTC and $1M+ valued whale transactions correlate. If prices continue sliding and a spike occurs, this would be a historically #bullish signal.
#Bitcoin is significantly undervalued based on its historical performance. This has only happened four times before in the entire history of Bitcoin

💥November 2011
💥January 2015
💥December 2018
💥March 2020
#Education Post:

Longest #Bitcoin Bear Market Ever:👇
2011 Bear Market (163 days)
June 8th, 2011 - Nov 18th, 2011

2013-2015 (406 days)
Dec 4th, 2013 - Jan 14th, 2015

2017-2018 (364 days)
Dec 16th, 2017 - Dec 15th, 2018

2021-2022 (426 days)
Nov 8th, 2021 - Jan 8th, 2023 and going on 🤔
January has been the best monthly returns for #Bitcoin since the October 2021 ATH.

43.2% at the top of the range, and 37.7% right now.

Not half bad for an asset that was supposed to be dead ☠️

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With #Bitcoin  jumping above $27k for the first time since June 12th, there are 2.4x as many profit transactions as loss transactions on the $BTC network since Wednesday. Markets are very polarized with #FOMO and drop fears both happening simultaneously.
#Bitcoin    From a time, price and sentiment pov, then this looks really good. It would put a high in around June and then downtrend into early 2024. Just something to have on your radar
#BTC   

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BREAKING 🚨 #BITCOIN   

Russia 🇷🇺 has become the world’s second-largest #Bitcoin    and crypto miner .