Weekly chart is also fine for #BTC bulls! Step by step the price moves higher and forms reliable support levels.
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#Bitcoin Update (Continuous)
▫️Bitcoin did what we expected – it formed a double top pattern and the price went down.
▫️The CME gap is almost filled, indicating Bitcoin's price might turn around.
▫️Right now, it's facing resistance at around $68,000. If it breaks past this, the price could head towards $70,000.
Stay tuned for more information!!
▫️Bitcoin did what we expected – it formed a double top pattern and the price went down.
▫️The CME gap is almost filled, indicating Bitcoin's price might turn around.
▫️Right now, it's facing resistance at around $68,000. If it breaks past this, the price could head towards $70,000.
Stay tuned for more information!!
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#Bitcoin Update (Continuou)
▫️Bitcoin is having trouble going past $66,500 and $67,000.
▫️ It briefly went over $66,000, but then the price dropped again because sellers were active.
▫️The next big resistance is around $68,750.
▫️If Bitcoin break above this, it might reach $70,000 soon.
Stay tuned for more information!!! ✅
▫️Bitcoin is having trouble going past $66,500 and $67,000.
▫️ It briefly went over $66,000, but then the price dropped again because sellers were active.
▫️The next big resistance is around $68,750.
▫️If Bitcoin break above this, it might reach $70,000 soon.
Stay tuned for more information!!! ✅
🚨 Big News
DWS, a giant company that handles $932 billion, just started a new #Bitcoin thing in Germany 🇩🇪
It's a big deal for people who like Bitcoin because it means more people might start using it.
Go Bitcoin! 🚀
DWS, a giant company that handles $932 billion, just started a new #Bitcoin thing in Germany 🇩🇪
It's a big deal for people who like Bitcoin because it means more people might start using it.
Go Bitcoin! 🚀
#Bitcoin Update (Continuous)
▫️Yesterday, Bitcoin crossed $69,000. However, the price fell back down because the bulls were active.
▫️Currently, Bitcoin is forming a SYMMETRICAL TRIANGLE.
▫️If it breaks down, we might see the price drop to $60,000.
▫️But if it breaks out, the price could surpass its all-time high.
Stay tuned for more information!! ℹ️
▫️Yesterday, Bitcoin crossed $69,000. However, the price fell back down because the bulls were active.
▫️Currently, Bitcoin is forming a SYMMETRICAL TRIANGLE.
▫️If it breaks down, we might see the price drop to $60,000.
▫️But if it breaks out, the price could surpass its all-time high.
Stay tuned for more information!! ℹ️
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📍#Bitcoin Update (Continuous)
🔹The price of Bitcoin is currently fluctuating significantly, moving within the range of $64,000 to $68,000.
🔹As long as the price of Bitcoin stays above $59,000, there is no cause for concern.
🔹However, if Bitcoin breaks below this level, we may see further drops in the price.
🔹Overall, we are still in a bullish trajectory.
Stay tuned for more information!! ℹ️
🔹The price of Bitcoin is currently fluctuating significantly, moving within the range of $64,000 to $68,000.
🔹As long as the price of Bitcoin stays above $59,000, there is no cause for concern.
🔹However, if Bitcoin breaks below this level, we may see further drops in the price.
🔹Overall, we are still in a bullish trajectory.
Stay tuned for more information!! ℹ️
📍#Bitcoin Update (Continuous)
🔹Bitcoin has broken the $69,000 mark, and if the bullish movement continues, we may witness a breakdown of the symmetrical triangle pattern.
🔹With only a few days left until the halving, interest in Bitcoin is expected to increase.
🔹The next important resistance level is $71,000. Breaking this could potentially lead to a new all-time high.
Stay tuned for more information!!
🔹Bitcoin has broken the $69,000 mark, and if the bullish movement continues, we may witness a breakdown of the symmetrical triangle pattern.
🔹With only a few days left until the halving, interest in Bitcoin is expected to increase.
🔹The next important resistance level is $71,000. Breaking this could potentially lead to a new all-time high.
Stay tuned for more information!!
#Bitcoin Update (Continuous)
🔹Bitcoin has nearly reached its upper trendline, and if it breaks through, we may witness a bullish move.
🔹Despite Bitcoin's weekly candle closing in the red, it closed above $69,000, indicating bull are actively buying the btc.
🔹 But if it got rejection from its Trendline we may see the price will touch the support level of $65,000
Stay tuned for more info!!✅
🔹Bitcoin has nearly reached its upper trendline, and if it breaks through, we may witness a bullish move.
🔹Despite Bitcoin's weekly candle closing in the red, it closed above $69,000, indicating bull are actively buying the btc.
🔹 But if it got rejection from its Trendline we may see the price will touch the support level of $65,000
Stay tuned for more info!!✅
👩🚀 #REVIEW BITCOIN FRACTAL
Are we witnessing the start of the parabolic curve or just the casual bullish pennant breakout? This is the question no one has answer to.
As you can see, the structure is deadly similar, same bullish pennant just around previous ATH! In late 2020 and early 2021 this became the most crazy parabolic run of all time. Right now the price action is the same, but timing is different: we haven't even hit halving point yet!
Answering the main question, I think we'll likely see the casual breakout with no insane runs. The reason is simple: #BTC became another stock after all these ETFs. Stock market enjoyers are tend to book even tiny profit, thus we may have a lot of stops along the way.
However, it's never bad to free your mind and dream! This chart is for you, my fellow dreamers ❤️
Are we witnessing the start of the parabolic curve or just the casual bullish pennant breakout? This is the question no one has answer to.
As you can see, the structure is deadly similar, same bullish pennant just around previous ATH! In late 2020 and early 2021 this became the most crazy parabolic run of all time. Right now the price action is the same, but timing is different: we haven't even hit halving point yet!
Answering the main question, I think we'll likely see the casual breakout with no insane runs. The reason is simple: #BTC became another stock after all these ETFs. Stock market enjoyers are tend to book even tiny profit, thus we may have a lot of stops along the way.
However, it's never bad to free your mind and dream! This chart is for you, my fellow dreamers ❤️
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📍#Bitcoin Update (Continuous)
▫️Bitcoin broke out of the symmetrical triangle pattern.The price reached the $72,800 mark.
▫️It is currently experiencing a retracement. During this retracement, it may find support along the trendline.
▫️The next immediate support level is around $70,000.
▫️A break below this level could potentially drive the price towards $68,000.
Stay tuned for more information!!
▫️Bitcoin broke out of the symmetrical triangle pattern.The price reached the $72,800 mark.
▫️It is currently experiencing a retracement. During this retracement, it may find support along the trendline.
▫️The next immediate support level is around $70,000.
▫️A break below this level could potentially drive the price towards $68,000.
Stay tuned for more information!!
▫️This is a funding rate heatmap.
▫️The yellow color indicates that funding rates are turning positive, suggesting increased long positions.
▫️Currently, we're observing the funding rate gradually becoming slightly positive again.
▫️Additionally, Bitcoin dominance is approaching its support level, indicating a possibility of a minor correction in altcoins.
▫️The yellow color indicates that funding rates are turning positive, suggesting increased long positions.
▫️Currently, we're observing the funding rate gradually becoming slightly positive again.
▫️Additionally, Bitcoin dominance is approaching its support level, indicating a possibility of a minor correction in altcoins.
📍#Bitcoin Update (Continuous)
▫️Bitcoin had a fakeout, causing a drop to approximately $68,000.
▫️At this level, there's a visible support area indicating potential stabilization.
▫️If this support area is breached, the price might decline further towards $67,000, where a trendline support awaits.
Stay tuned for more information!!✅
▫️Bitcoin had a fakeout, causing a drop to approximately $68,000.
▫️At this level, there's a visible support area indicating potential stabilization.
▫️If this support area is breached, the price might decline further towards $67,000, where a trendline support awaits.
Stay tuned for more information!!✅