Market update-
Bitcoin is now trading above the $73.6k S/R flip level, with the last five 4hr candles closing above. However, we can see that $74,250 (Prev Week Low) continues to be 4hr resistance. We have seen 2 further rejections exactly from this level. Until $74,250 is reclaimed on a 4hr close, then we are still open to the possibility of $71k. A reclaim of $74,250 opens up a move back towards $76k - $77k.
We have the monthly close tonight, so be aware of the potential volatility that this can bring.
Bitcoin is now trading above the $73.6k S/R flip level, with the last five 4hr candles closing above. However, we can see that $74,250 (Prev Week Low) continues to be 4hr resistance. We have seen 2 further rejections exactly from this level. Until $74,250 is reclaimed on a 4hr close, then we are still open to the possibility of $71k. A reclaim of $74,250 opens up a move back towards $76k - $77k.
We have the monthly close tonight, so be aware of the potential volatility that this can bring.
Targets hit on all trades shared this week in the Crypto Chiefs Premium Group:
This Week:
✅ ETH - ALL TPs HIT 🎯🎯
✅ ONE - TP2 HIT 🎯🎯
✅ SEI - TP2 HIT 🎯🎯
✅ LUNA - TP1 HIT 🎯🎯
✅ ETH (2) - TP2 HIT 🎯🎯
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This Week:
✅ ETH - ALL TPs HIT 🎯🎯
✅ ONE - TP2 HIT 🎯🎯
✅ SEI - TP2 HIT 🎯🎯
✅ LUNA - TP1 HIT 🎯🎯
✅ ETH (2) - TP2 HIT 🎯🎯
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Market update-
Bitcoin has been unable to reclaim the $74.2k level, and as we mentioned yesterday, this would likely lead to another move down. BTC is now retesting the $72.6k area (Prev week low and Prev month low), but we still cannot rule out a deeper retest in the $71k-$70k region.
A close above $74.2k is still needed to invalidate the idea of $71k in the short term. New week and new month, so let's see how the Monday range develops from here.
Bitcoin has been unable to reclaim the $74.2k level, and as we mentioned yesterday, this would likely lead to another move down. BTC is now retesting the $72.6k area (Prev week low and Prev month low), but we still cannot rule out a deeper retest in the $71k-$70k region.
A close above $74.2k is still needed to invalidate the idea of $71k in the short term. New week and new month, so let's see how the Monday range develops from here.
May was another month of strong entries and out-performing the market for Crypto Chiefs Premium Group members 🤑
🟠 MAY RESULTS 🟠
Total Trade Ideas: 18
✅ Wins: 14
⚪️ Trades Closed Early: 3
✖️ Stop Losses: 1
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🟠 MAY RESULTS 🟠
Total Trade Ideas: 18
✅ Wins: 14
⚪️ Trades Closed Early: 3
✖️ Stop Losses: 1
Ready to smash June with us? 🚀
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Market update-
Bitcoin continues to look very heavy, and the situation on the higher time frames is coming to a critical point too.
Tonight is the close of the current 3-day candle, and unless BTC closes above $71k then this support trendline would have been broken, which could lead to further downside.
Also about to be tested is the key level of $69.2k (2021 ATH) which we have seen act as support and resistance a number of times this year on the 4hr time frames.
Until BTC reclaims $70.6k (Monday Low) on the 4hr chart, we cannot have any confidence of a short-term trend reversal.
The Monday Range this week is $70.6k - $74k.
Bitcoin continues to look very heavy, and the situation on the higher time frames is coming to a critical point too.
Tonight is the close of the current 3-day candle, and unless BTC closes above $71k then this support trendline would have been broken, which could lead to further downside.
Also about to be tested is the key level of $69.2k (2021 ATH) which we have seen act as support and resistance a number of times this year on the 4hr time frames.
Until BTC reclaims $70.6k (Monday Low) on the 4hr chart, we cannot have any confidence of a short-term trend reversal.
The Monday Range this week is $70.6k - $74k.
One small positive in the Crypto Chiefs Premium Group in a very ugly day for the market 🚀
Today:
✅ ZEN - TP2 HIT 🎯🎯
Expert risk management & elite analysis is key in these conditions!
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Today:
✅ ZEN - TP2 HIT 🎯🎯
Expert risk management & elite analysis is key in these conditions!
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Market update-
Bitcoin is now down 10% since the weekly open, with some of the biggest liquidations seen in 2026. This move has seen BTC accept below $69.2k (2021 ATH) and $68.2k (Qtr Open) on the daily timeframe.
If the selling pressure continues today, we cannot rule out a test of the last-straw daily support in the $63k area. This is a key level which marked the bottom in February, so if we see daily acceptance below this then there is a good chance BTC will be below $60k soon.
Bitcoin is now down 10% since the weekly open, with some of the biggest liquidations seen in 2026. This move has seen BTC accept below $69.2k (2021 ATH) and $68.2k (Qtr Open) on the daily timeframe.
If the selling pressure continues today, we cannot rule out a test of the last-straw daily support in the $63k area. This is a key level which marked the bottom in February, so if we see daily acceptance below this then there is a good chance BTC will be below $60k soon.
Elite analysis as usual in the Crypto Chiefs Premium Group 🚀
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✅ HYPE +6% MOVE FROM RETEST LEVEL 🎯🎯
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Market update-
After 3 big red daily candles for Bitcoin, today has continued in a similar way with a sweep of $61k- a 17% move down since Monday.
This brings BTC to a critical daily zone at $64k - $63k. This was held as daily support in February, and had a successful retest, so bulls need to hope this holds again.
A daily close below $62.9k would be the lowest daily close since 2024! It would also increase the chances of losing $60k soon. Let's see if BTC can put in a short-term bottom here at least.
I will continue to look for solid opportunities.
After 3 big red daily candles for Bitcoin, today has continued in a similar way with a sweep of $61k- a 17% move down since Monday.
This brings BTC to a critical daily zone at $64k - $63k. This was held as daily support in February, and had a successful retest, so bulls need to hope this holds again.
A daily close below $62.9k would be the lowest daily close since 2024! It would also increase the chances of losing $60k soon. Let's see if BTC can put in a short-term bottom here at least.
I will continue to look for solid opportunities.
Our two recent trades giving profit in the Crypto Chiefs Premium Group straight from our entry zones 🚀
Today:
✅ RLC - TP2 HIT 🎯🎯
✅ BTC - TP1 HIT 🎯🎯
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Today:
✅ RLC - TP2 HIT 🎯🎯
✅ BTC - TP1 HIT 🎯🎯
Ready to join the winning family?
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Market update-
New lows set for Bitcoin this morning as the aggressive sell off continues. The situation on the daily time frame remains the same- $62.9k is the key daily level that needs to be respected if we are going to see relief.
Yesterday's daily candle ended up closing above this, but the fight for this level is on again today. Lose $62.9k at the daily close and we likely see the move below $60k happen.
To have confidence of some upside relief today, $63.8k - $64.3k is the first 4hr level which needs to be reclaimed. Acceptance above this level and a move towards $66k is likely.
New lows set for Bitcoin this morning as the aggressive sell off continues. The situation on the daily time frame remains the same- $62.9k is the key daily level that needs to be respected if we are going to see relief.
Yesterday's daily candle ended up closing above this, but the fight for this level is on again today. Lose $62.9k at the daily close and we likely see the move below $60k happen.
To have confidence of some upside relief today, $63.8k - $64.3k is the first 4hr level which needs to be reclaimed. Acceptance above this level and a move towards $66k is likely.