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#BTC has been struggling below the $53K resistance level for the past 9 days, exhibiting clear weakness from it. In our last update on February 17th, we mentioned, "Despite the upward momentum, signs of weakness emerged around $528XX on the short-term daily chart, potentially leading to a retracement to $49-48K if Bulls fail to takeover $53K before February 21st, where initial support may be found."

Given the current performance, this possibility has increased. Let's observe how the bulls will handle the initial support we've identified between $49-48K. Holding at this level could pave the way for a strong recovery. However, if they fail to maintain support, we may see a deeper retracement towards $43-39K. For now, it's crucial to monitor the price action around the first support zone, with resistance around $53K.

https://www.tradingview.com/x/FdlcfGTT/

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Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

#BTC Breakout Update: 🚀🔥

Recent Developments:
BTC, after spending 11 days below the $53K mark with rejection around $507XX, has witnessed a new development with a strong push and breakout above the $53K resistance level, reaching $548XX as of writing this update.

Confirming the breakout for this resistance area, especially as the end of the month approaches, will provide bulls with the ability to propel the price higher. $53K marks a two-year high and a new all-time high in 2024. To sustain this momentum, bulls must maintain a hold above the $53-50K range on a weekly basis. If achieved, we may see targets of $58-61-66K for the bulls.

In the last update, we noted that the chances of a retracement had increased due to multiple rejections from $53K. We said, "Let's observe how the bulls will handle the initial support we've identified between $49-48K. Holding at this level could pave the way for a strong recovery. However, if they fail to maintain support, we may see a deeper retracement towards $43-39K. For now, it's crucial to monitor the price action around the first support zone, with resistance around $53K."

Bulls have successfully rebounded from $507XX above the $49-48K level we mentioned with a strong rebound. For now, we continue to monitor for confirmation and assess the performance of the bulls above this line.
https://www.tradingview.com/x/Ngvs3xeg/

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Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

$575XX eyes on Daily close and performance around..

#BTC hits $60,000🔥🔥

⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit Spot, Binance, KuCoin
Signal Type: Regular (Long)

Entry Targets:
1) 39870 - 33.333% ✅
2) 38854 - 33.333% ❌
3) 37858 - 33.333% ❌

Take-Profit Targets:
1) 40846 - 33.333% ✅
2) 41843 - 33.333% ✅
3) 43835 - 10.333% ✅
4) 44850 - 10.0% ✅
5) 61400 - 6.0%
6) HOLD - 7.0%

Stop Targets:
1) 40800

Published By: @HamadaMark

Binance, ByBit Spot, KuCoin
#BTC/USDT Take-Profit target 5 ✅
Profit: 54.0005% 📈
Period: 1 Months 6 Days 4 Hours 18 Minutes ⏰

⚡⚡ #BTC/USDT ⚡⚡
Exchanges: Binance, KuCoin
Signal Type: Regular (Long)

Entry Targets:
1) 16577 - 33.333% ✅
2) 16147 - 33.333% ✅
3) 15733 - 33.333% ❌

Take-Profit Targets:
1) 16975 - 25.0% ✅
2) 17389 - 25.0% ✅
3) 18217 - 25.0% ✅
4) 18930 - 12.5% ✅
5) 27100 - 4.18% ✅
6) 28350 - 4.16% ✅
7) 39950 - 2.16% ✅
8) 61400 - 0.5%
9) 81400 - 0.5%
10) 100000 - 1.0%

Stop Targets:
1) 35000

Published By: @HamadaMark

Binance, KuCoin
#BTC/USDT Take-Profit target 8 ✅
Profit: 275.2597% 📈
Period: 15 Months 12 Days 2 Hours 38 Minutes ⏰

#BTC
With the price levels hitting $58K, $61K, and $66K, it's essential to monitor the performance within the $67K to $69K range. There might be a potential pullback if the bulls fail to confirm an all-time high (ATH) breakout. It's advisable to secure some gains and retain a portion for the long term.
https://www.tradingview.com/x/De9g1tMY/

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Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

Bitcoin broke through $68,000 and is currently trading at $68,262.1, up 8.66% in 24 hours and less than $1,000 away from its all-time high. Ethereum broke through $3,600 and is currently trading at $3,629.2, up 4.65% in 24 hours, setting a new high since January 2022. In the past 24 hours, the entire network has liquidated positions of US$431 million, including US$180 million of long positions and US$251 million of short positions.

BTC reached a record high of $69,000 on November 10, 2021 at 23:04 UTC+8 on March 5, reaching the new record high again after 846 days. — link

BTC pullback from $69K to $63K eyes on daily close!

#BTCUSDT Risky Setup Trading

Buy : 52965 - 55908 - 58850

Take - Profit Targets:

Target 1: 61793
Potential Profit: 10.53%

Target 2: 64735
Potential Profit: 15.79%

Target 3: 70620
Potential Profit: 26.32%

Target 4: 84744
Potential Profit: 51.58%

Stop-Loss: 50317
Risk/Reward: 10.00% / 51.58%
Potential ROI : 26.05%

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.

#BTCUSDT Risky Setup Trading

Buy : 52965 - 55908 - 58850

Take - Profit Targets:

Target 1: 61793
Potential Profit: 10.53%

Target 2: 64735
Potential Profit: 15.79%

Target 3: 70620
Potential Profit: 26.32%

Target 4: 84744
Potential Profit: 51.58%

Stop-Loss: 50317
Risk/Reward: 10.00% / 51.58%
Potential ROI : 26.05%

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.

hit 593XX!

JUST IN: $1.1 billion liquidated from the cryptocurrency market in the past 24 hours.

@WatcherGuru

Indeed, it was merely a $450 difference that separated the rebound price from our initial entry at $58,850 to driving BTC after that and reaching $64K with an impressive 8% surge! 🥶

#BTC experienced a rapid recovery after a -15% dip, showcasing the strength of bulls and their ability to mount a comeback. Within a day, BTC surged back to $67K from $59K, surpassing our initial entry point at $58,850.

This bullish recovery puts BTC just one step away from a significant breakout to $71-77K. However, another failure could result in a dump below $56K. It's crucial to stay focused and vigilant. Despite the recent dip, it's important to note that such corrections are normal and healthy. Additionally, they present buying opportunities, as seen in the last 24 hours with many altcoins rebounding from -30% to +15/30%.

https://www.tradingview.com/x/xBE99x65/

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
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Best of luck with your trades! 🙌
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏

The next resistance lines are set at $71K, $77K, and $84K once the breakout is confirmed. However, this trade did not activate as the price surged from $59K, while the entry point was set at $58,850.
we ask Allah reconcile and repay.

Ramadan Mubarak!

As we embark on the sacred month of Ramadan, let us embrace this time of spiritual reflection and renewal with gratitude and joy. May we use this opportunity to deepen our faith, strengthen our connection with Allah, and seek forgiveness for our shortcomings.

During this month, let us also remember those who are less fortunate than us and extend our support to them. Let us embody the values of compassion, generosity, and kindness central to Islam's teachings.

As we fast from sunrise to sunset, let us use this time to focus on our inner selves, to pray, and make dua to Allah (Don't forget our brothers and sisters in Gaza ).

May Allah accept our fasts and prayers. Ramadan Mubarak!🙏❤️