#BITCOIN_UPDATE
Bitcoin can break 3650 resistance to go up to 3750 in the next days, next hours for Bitcoin will be crucial, if bitcoin fail to stay above 3550 - 3640.. Our support 3500 will be broken and we can go down to 3400.
- There is prospect for Bitcoin to go up directly to 3850 but it stays as a prospect.
Bitcoin can break 3650 resistance to go up to 3750 in the next days, next hours for Bitcoin will be crucial, if bitcoin fail to stay above 3550 - 3640.. Our support 3500 will be broken and we can go down to 3400.
- There is prospect for Bitcoin to go up directly to 3850 but it stays as a prospect.
📍#Bitcoin Update (Continuous)
Bitcoin price attempted a decent increase and tried to break the resistance zone of 19,500 but failed to climb above this resistance level.
Bitcoin weekly candle closed in red and again it formed a kind of Doji candle which is an indecisive candle and creates confusion in the market. Bitcoin is forming a Falling wedge on weekly time frame
The next major support is near the $18,900 zone. A downside break below this support zone might increase selling pressure and the price could decline towards the $18,500 support zone.
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📍 Pin Our Channel On Top For More Free Trading Calls ✅
@tamil_btc
Bitcoin price attempted a decent increase and tried to break the resistance zone of 19,500 but failed to climb above this resistance level.
Bitcoin weekly candle closed in red and again it formed a kind of Doji candle which is an indecisive candle and creates confusion in the market. Bitcoin is forming a Falling wedge on weekly time frame
The next major support is near the $18,900 zone. A downside break below this support zone might increase selling pressure and the price could decline towards the $18,500 support zone.
- - - - - - - - - - - - - - - - - - -
📍 Pin Our Channel On Top For More Free Trading Calls ✅
@tamil_btc
#BITCOIN - Update (2)
Every time $BTC has dropped in the last 8 months, there has ALWAYS been a relief rally back to the 0.5 FIB line.
Had already shared this chart 2 weeks ago.
So far, things are going very well.💯
$BTC Target 0.5 Fib: ~$18.500 Dollar.
signup.asia/b
Every time $BTC has dropped in the last 8 months, there has ALWAYS been a relief rally back to the 0.5 FIB line.
Had already shared this chart 2 weeks ago.
So far, things are going very well.💯
$BTC Target 0.5 Fib: ~$18.500 Dollar.
signup.asia/b
📍#Bitcoin Update (Continue)
🔺Bitcoin shows a descending triangle on the 1-hour chart, a bearish pattern.
🔺Price hit the upper triangle trendline.
🔺Possibility of resistance, leading to a potential price decline.
🔺Decline may trigger a breakdown of the triangle pattern.
🔺Key support at around $28,800.
- - - - - - - - - - - - - - - - - -
📍 Pin Our Channel On Top For More Free Trading Calls
🔺Bitcoin shows a descending triangle on the 1-hour chart, a bearish pattern.
🔺Price hit the upper triangle trendline.
🔺Possibility of resistance, leading to a potential price decline.
🔺Decline may trigger a breakdown of the triangle pattern.
🔺Key support at around $28,800.
- - - - - - - - - - - - - - - - - -
📍 Pin Our Channel On Top For More Free Trading Calls
📍#Bitcoin Update
🔺Some call it a double top , Others label it as distribution
🔺Some are anticipating a black swan event
🔺While others are eagerly waiting for the $12000 level
🔹Meanwhile,
🔺Bitcoin hit its bear market lows, price pumped and broke out of the downtrend.
🔺Price has been consolidating in a Range / Wedge for the past 210 days.
🔺A breakout will trigger the continuation of the Uptrend..
🔺Some call it a double top , Others label it as distribution
🔺Some are anticipating a black swan event
🔺While others are eagerly waiting for the $12000 level
🔹Meanwhile,
🔺Bitcoin hit its bear market lows, price pumped and broke out of the downtrend.
🔺Price has been consolidating in a Range / Wedge for the past 210 days.
🔺A breakout will trigger the continuation of the Uptrend..
👍1
#Bitcoin Update
We are still not close to the peak. If you think we have seen or will see the final pump in the next days or weeks, NO. We will go much higher. The Satoshimeter is 13 today, which is a midpoint.
Legend: The Satoshimeter leverages on-chain data to track Bitcoin market cycles. It has shown a strong correlation with key phases of the Bitcoin cycle. Values around 1.6 typically mark the low points of bear markets, as seen in years like 2011, 2015, 2019, and 2022. The Satoshimeter also has the potential to signal absolute market peaks. By analyzing on-chain metrics, this indicator provides valuable insights into Bitcoin's price movements. Developed
We are still not close to the peak. If you think we have seen or will see the final pump in the next days or weeks, NO. We will go much higher. The Satoshimeter is 13 today, which is a midpoint.
Legend: The Satoshimeter leverages on-chain data to track Bitcoin market cycles. It has shown a strong correlation with key phases of the Bitcoin cycle. Values around 1.6 typically mark the low points of bear markets, as seen in years like 2011, 2015, 2019, and 2022. The Satoshimeter also has the potential to signal absolute market peaks. By analyzing on-chain metrics, this indicator provides valuable insights into Bitcoin's price movements. Developed
🚨 #BITCOIN Update
Bitcoin is losing momentum. Bulls must defend the $110K level to keep the bullish structure alive.
Breakdown below $110K opens the door for a deeper move, price could revisit sub-$100K levels.
Critical zone ahead. Next few sessions will decide if the trend holds or cracks.
Bitcoin is losing momentum. Bulls must defend the $110K level to keep the bullish structure alive.
Breakdown below $110K opens the door for a deeper move, price could revisit sub-$100K levels.
Critical zone ahead. Next few sessions will decide if the trend holds or cracks.