Final Test 📈⚔️📉

BTC has spent approximately 9 days hovering above $60,000, but finally, the bulls made a move and pushed it back up to $64,000. This movement marks the second retest of this zone following the quick dip to $56,600 on May 1st. The current performance reflects positive momentum from the bulls. The real test will be a breakout above $64,000 to $67,500, followed by stability at this level to reinforce bullish strength. However, if there is another rejection, the $59,000 zone will serve as the last strong defense line for the bulls in the short term.

Previously, we discussed two movement scenarios (A & B), with Scenario A being our personal bias. Scenario A suggested that BTC might drop below $56,000 and reach $53,000 to $45,000. We identified the key failure point for this view as reclaiming $64,000 and maintaining stability above it, which did not occur during the last test when BTC faced rejection at $60,000 again, followed by a rebound to $65,000 currently.

The question now is whether the bulls will succeed in breaking out this time or face another setback. This zone represents a real test for the bulls, and a breakout of $64-67500 would provide significant confirmation of bullish momentum in the market.

If we review the market setup, we can observe a bullish Head and Shoulders (H&S) pattern that we have been tracking (inside) since $62,000.
https://www.tradingview.com/x/fZ4l54dj/

While we leaned towards a more bearish movement (Scenario A), which seems close to failing based on current market trends, we adapted well to the market and traded from $61800 (Avg buy)based on chart developments. This highlights the real benefit of trading with a plan and having predefined scenarios for market movements. Although unexpected market conditions can arise, having multiple scenarios (A & B) allows for more flexibility and adaptability in trading decisions.

Currently, we are closely monitoring the performance at this critical zone, which could mark the beginning of a strong bullish wave leading to the achievement of H&S targets, or alternatively, a pullback and another failure.
https://www.tradingview.com/x/DxvAE11k/
Fortunately, we activated two trades during recent dips from $56,xxx and $61,xxx, both of which are running in good profits alongside the long-term trades we had since October to December 2022.

🖥 Take time to understand our analysis before making judgments. Do your own research before trading based on our signals—it's your decision and risk.

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

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

#BTC 📈⁉️📉
After a massive move by the bulls and a breakout above $67K, completing the H&S pattern we discussed in the last update, Bitcoin surged to $72K. This move generated substantial gains for our trades and most pairs in the market, especially with the approval of the ETH ETF.

However, the market soon showed a decline, prompting us to question the coming period's direction. Will Bitcoin fall again below $60,000, ending the dreams of a bull season? Or will this decline be a temporary pullback, allowing the bulls to regroup and make the final breakthrough to achieve a new peak?🔍

On the monthly frame, we see a strong recovery for the bulls and a good candle if the price closes around $68,000 or higher. However, on lower time frames, the performance is mixed,🕯 showing both strength and weakness. In such a case, stability above the main levels is crucial to determine the next move. Currently, the bulls must defend two key levels: $64,000 and $60,000. They must hold these levels firmly to advance and achieve new highs.➡️

On the daily chart, we may see the formation of a bullish head and shoulders pattern. If completed, this pattern could put the bulls in complete dominance, potentially pushing prices to new peak levels such as $85,000 or higher. All of this depends on the bulls' performance and the stability above the key support levels mentioned, as well as the monthly close.
https://www.tradingview.com/x/yM0JkQR6/

At present, we will trade based on the expectation of stability above $64,000, consistent with the latest buying numbers published before this update. However, if the decline accelerates and the monthly close is unfavorable, indicating a drop in bulls' strength and control, 🏋️‍♀️ we will issue a quick update to terminate this trade if things do not go as planned.


🖥 Take time to understand our analysis before making judgments. Do your own research before trading based on our signals—it's your decision and risk.

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

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

price rebound from $66880! 😬

you can use same setup with same update if BTC retrace this levels
more info in this update
https://t.me/WildBitcoin/5975

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

#BTC! 🔼
In the last update, we discussed BTC's movement and performance on monthly and lower time frames. We emphasized the importance for bulls to hold above $64,000 and $60,000 and noted the presence of a potential H&S pattern on lower time frames, which could lead BTC to $85,000 or higher. All of this depends on the bulls' performance, the stability above key support levels, and the monthly close.

During that we shared a trading setup with entries at $63,175, $64,838, and $66,500, based on our view and trading support testing. Unfortunately, the price dropped to $66,625 without activating any of our limits, followed by a rebound to $70,000.

This current performance and the pattern visible on many coins and time frames indicate a bullish momentum in the market, which will increase if the bulls achieve and confirm a breakout. Let's see how things develop!
https://www.tradingview.com/x/pgGE2B3I/

By the way, we've mentioned many times that when the price drops to the entry zone and there's just a $100 to $300 difference, you can activate your buy to avoid missing out like the last setup.
https://t.me/WildBitcoin/3997


🖥 Take time to understand our analysis before making judgments. Do your own research before trading based on our signals—it's your decision and risk.

📖 Please take a moment to peruse our user guide before deciding to follow us. Your understanding is valued! 👇✨
https://prnt.sc/XbrZNK9yHYMf
https://bit.ly/3gbsILg

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

https://www.tradingview.com/x/X5f6FJha/
Sideways movement here would be beneficial for alts. However, testing $69k could spread panic, so be cautious.
🙏we ask Allah reconcile and repay🙏

#BTC experienced a direct drop to $69K, following the bearish sings and that alert we posted. The major keys to watch right now is the performance around the $69-66K range. Holding and rebounding from this zone would indicate a breakout, whereas a failure to hold and a breakdown below this range will delay bullish movement for few months and open bearish gates. Review your plan and always remember, risk management is key.
https://www.tradingview.com/x/KPReixZz/
🙏we ask Allah reconcile and repay🙏