Good stability above the April low line is a positive sign for BTC. As we explained If BTC manages to hold above this critical zone, it could indicate that the bulls are still in control, and there may be a chance for a potential upward move for Alts. However, if BTC breaks below this critical zone with daily/weekly close, it could lead to panic in the market, and bears may push the price down further. It's essential to monitor the market closely and adhere to risk management strategies to ensure the best possible outcome when trading.
https://www.tradingview.com/x/UslS7JYS/
ts important to note that the cryptocurrency market is highly unpredictable, and there are risks associated with investing. It's crucial to practice good risk management and be prepared for any outcome.
In conclusion, we wish everyone good luck and hope that Allah reconciles and repays us all. 🙏

#BTC! tracking movement.
https://www.tradingview.com/x/syNNkC2K/
we ask Allah reconcile and repay

#BTC Hovering around critical zone Be careful.
Close Daily / weekly below April Low will spread panic sell. Make sure to secure your trades&profits.
https://www.tradingview.com/x/NR398vpG/
We ask Allah reconcile and repay

#BTC
The Bulls showing a kind of stability above the critical support zone, Holding here might give BTC a chance for another rebound to 28/29K , However, the breakdown for the April low (269XX) with a daily/weekly close will confirm more retracement to $25/24/23K. so be careful and stick with risk management.
https://www.tradingview.com/x/p3QNTifq/
Based on higher time frames performance BTC looks more Bearish than bullish so bulls need to show more than holding if they want to keep on taking the lead.
We ask Allah reconcile and repay

U.S. CPI in 30 min

BREAKING: 🇺🇸 US inflation falls to 4.9%, lower than expectations.

What that means!
https://t.me/c/1857902354/40

Channel link press join to share with your friends.
https://t.me/+3MEtbEAheZNmMjhk

We ask Allah reconcile and repay

Trade setup!
#BTCUSDT Risky Setup

Buy : 26765 - 27322 - 27905

Take - Profit Targets:

Target 1: 28438
Potential Profit: 4.08%

Target 2: 28995
Potential Profit: 6.12%

Target 3: 30110 (HOLD)
Potential Profit: 10.20%

Target 4: 32787 (HOLD)
Potential Profit: 20.00%

Stop-Loss: 26230
Risk/Reward: 4.00% / 20.00%
Potential ROI : 10.1%

Risk Percentage / Position size : 1%

Exchange : Binance, KuCoin, ByBit, Bitstamp, Coinbase

Duration: 1-7 Days
Confidence in Trade: Low

Note: Potential profit and ROI calculated from average entry.

we ask Allah reconcile and repay.

Binance, ByBit Spot, KuCoin
#BTC/USDT Entry 1 ✅
Average Entry Price: 27905 💵

Binance, ByBit Spot, KuCoin
#BTC/USDT Entry 2 ✅
Average Entry Price: 27613.5 💵

#BTC got -5% sudden drop from 282XX near TP1 be careful and stick with risk management we set and entries / targets / stop-loss.!

Close BTC -1% from entry AVG price 27300!
reason: BTC might wick stop-loss point with this current drop!

we ask Allah reconcile and repay.

#BTC breaches April low, if BTC got a weekly close below it will push BTC forward for more retracement to $25/24/23K as we explained in the last update!
https://www.tradingview.com/x/SoCjcwqk/
Ps:
We did not bias to a clear side in the last updates, we just clarify and explained movement as it goes on the chart!
We ask Allah reconcile and repay

#BTC retesting $27xxx zone , back above $28800 again will give bulls chance! , however weekly close below April low will make $25/24/23K as we explained in the last update!
https://www.tradingview.com/x/Q7ev6Fed/
We ask Allah reconcile and repay

The relative between S&P and gold, gold and BTC, and S&P and BTC based on the chart history.

S&P and Gold

S&P 500 and gold have historically had a negative correlation, meaning that they tend to move in opposite directions. This is because gold is seen as a safe haven asset, while stocks are seen as riskier assets. When investors are feeling fearful, they tend to buy gold and sell stocks. When investors are feeling confident, they tend to sell gold and buy stocks.

This negative correlation has been broken down in recent years, however. This is likely due to the fact that central banks have been printing money at an unprecedented rate, which has led to inflation. Inflation has made gold more attractive as an investment, and it has also made stocks more risky.

Gold and BTC

Gold and BTC have also historically had a negative correlation, meaning that they tend to move in opposite directions. This is because gold is seen as a safe haven asset, while BTC is seen as a more speculative asset. When investors are feeling fearful, they tend to buy gold and sell BTC. When investors are feeling confident, they tend to sell gold and buy BTC.

However, this negative correlation has also been broken down in recent years. This is likely due to the fact that both gold and BTC are seen as a hedge against inflation. Inflation has made gold more attractive as an investment, and it has also made BTC more attractive as an investment.

S&P and BTC

S&P 500 and BTC have had a mixed correlation in recent years. There have been periods when they have moved in the same direction, and there have been periods when they have moved in opposite directions.

One possible explanation for this is that investors are increasingly using BTC as a store of value. This means that they are buying BTC to hold on to it for the long term, rather than buying it to trade it. When investors are feeling fearful, they may be more likely to buy BTC as a store of value.

Another possible explanation is that investors are increasingly using BTC as a hedge against inflation. Inflation has made BTC more attractive as an investment, and it has also made stocks more risky. As a result, investors may be more likely to buy BTC when they are feeling fearful about the stock market.

Ultimately, the correlation between S&P 500 and BTC is still uncertain. However, it is clear that both assets are becoming increasingly popular among investors.

#riskmanagement
#tradingTips

Channel link to share with your friends.
https://t.me/+3MEtbEAheZNmMjhk


Best regards,
The Pro Crypto Signals Team.
we ask Allah reconcile and repay

#BTC (Short-mid-term update)
Following the previous update, BTC experienced a downward wick to $257XX, followed by a rebound to $273XX. The weekly close for BTC was slightly below the April low by a few dollars.

Based on the current price movement, BTC appears to be retesting the $27/28K zone. If the bulls can reclaim this level and achieve a daily close above 288XX/299XX, it would provide a strong boost for the bulls and potentially lead to a breakout towards $32/34/36K. However, if the bulls fail to hold this area and the price faces rejection once again, it would confirm the bears taking the lead in the coming weeks and potentially initiate a correction movement towards $25/23/21K.
https://www.tradingview.com/x/C6RHQvST/

In my opinion, we are likely to see BTC declining towards the mentioned levels before any potential breakout to $34/36K. This view would be invalidated if the bulls successfully break out above 30K on a daily basis.

It's important to remember that market analysis is not foolproof, and we must acknowledge the possibility of errors. The information provided here is not guaranteed, and individual decisions should be made by carefully considering personal judgment and chart analysis. Regardless of one's bullish or bearish stance, it's crucial to remain adaptable to different outcomes and be prepared for various scenarios.


we ask Allah reconcile and repay.

#BTCUSDT (Short-term Setup) RISKY Trade Based on Current movement , Higher frames looks ugly so be careful.

Buy: 27070.00000000

Take-Profit Targets:

Target 1: 27726.25000000
Potential Profit: 2.50%

Target 2: 28402.50000000
Potential Profit: 5.00%

Stop-Loss: 26373.75000000
Signal Risk/Reward: 2.50% / 5.00%
R:R = 1.5:1
Potential ROI: 3.75%

Risk Percentage / Position size: 1%

Exchange: Binance, KuCoin, ByBit,

Duration: 3-7 days
Confidence in Trade: Low
Technical Analysis:
https://www.tradingview.com/x/k1Ye9sYu/
we ask Allah reconcile and repay.

Binance, ByBit Spot, KuCoin
#BTC/USDT All entry targets achieved
Average Entry Price: 27070 💵

Binance, ByBit Spot, KuCoin
#BTC/USDT Stoploss ⛔
Loss: 2.5719% 📉

BTC rejected again from 27xxx! And followed high frames performance!

More details about BTC movements etc we have mentioned it below this link

https://t.me/WildBitcoin/5494

We ask Allah reconcile and repay