#Bitcoin MVRV Momentum shows $BTC has been in a downtrend since breaking below $66,750 in June and the trend hasn't changed since!
#Bitcoin trying to push towards the $60,000 level and already trading with the major resistance zone. A small consoldiation was created which broked successfully. Now, we need to see a Daily Candle closure over $60,000 and H4, closing will be the early indication.
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, closed candle very decent and saw a sell-off due to fundamental news. News Aligned with the price action and levels and currently, price is rejecting the support zone of support zone around $62,000. Its a range now, need to wait for the next weekly closings.
#BITCOIN on Weekly TF, closed candle very decent and saw a sell-off due to fundamental news. News Aligned with the price action and levels and currently, price is rejecting the support zone of support zone around $62,000. Its a range now, need to wait for the next weekly closings.
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, had a rejected closing and current week candle also trying to have even better rejection from the support. We can expected a shallow retracement by next week and a move higher towards the $65,000 mark. Another case can be the market might continue to range in these zones.
#BITCOIN on Weekly TF, had a rejected closing and current week candle also trying to have even better rejection from the support. We can expected a shallow retracement by next week and a move higher towards the $65,000 mark. Another case can be the market might continue to range in these zones.
💰 #Bitcoin usually begins to pump through the year after a halving 👀
The bull run is only beginning! 🚀
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, played very well as per the analysis and we reached nearly to towards the All-Time high levels. Price had a quick liquidity sweep of the old highs and rejected all the way down. This was mainly happened due to the Elections polls. Although we already said, with play wild with these quick moves.
#BITCOIN on Weekly TF, played very well as per the analysis and we reached nearly to towards the All-Time high levels. Price had a quick liquidity sweep of the old highs and rejected all the way down. This was mainly happened due to the Elections polls. Although we already said, with play wild with these quick moves.
US Election historically a bullish trigger for #Bitcoin 🚀