BinanceMaster ® ( Futures/Spot )
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#BTC weekly closing did a a good bearish closing and retraced all the way back to the drawn resistance area and dumped again. The zones were strong and and price respecting the market structure. Price again nearly to its now and might gonna make a new lower low again.
German Govt. Sent Another Set of #BTC over the Exchange for Selling 📉
Nothing much happened in #BTC, price just moved back and forth after forming a double bottom struggling to break the resistance zone. Eyes on breakout as below resistance are consolidating or bearish.
#BTC broke the internal structure and printed a new high but still its inside the reissuance area. where closing is required. Eyes on $60,000 mark as it will act as a crucial level to play out.
#BTC kept on moving nearby its resistance area and made a small range. Nothing much happening and just couple of news, moving market back and forth.
#BTC formed the double top pattern inside the resistance area and dropping. Nothing much happening just broken minor support area, so just a minor pullback happening and can dump with this weekend.
#BTC gave a weekly closing below the resistance area but this week candle trying to push to the upside(Above Resistance). Daily candle closing gave decent closing above $60,000 which looks healthy. Price need to see a closing above $62,000 and we can see market continue to pump again.
#BTC tapped into the resistance area with a clean closing of $64,000. You can see how resistance area working well, price got a strong rejection from the zone making strong bearish candle. Still, we can expected the price to hodl above $60,000. and move higher.
#BTC respected the market structure point and again backed up into the resistance area. Still, not able to break the level but need to break of the resistance area now. Its good to see price is trading above $65,000, so we can expected further push later on.
#BTC didn't moved alot and just made a minor retracement and still maintaining the bullish market structure. Nothing much, Weekend is near we a massive move is expected today.