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#BTC UPDATE ( 1D )

In Daily timeframe, Bitcoin is Consolidating in Falling Wedge Pattern from last 27 Days.

Before Another Bullish IPMULSE towards the NEW ATH, Expecting More Consolidating for Nxt Couple of Weeks. ( This will be good for Altcoins )

According to WEDGE Formation, Bitcoin might Retest the 30k Area Before Bullish Breakout & In case of Upside Breakout, In Mid February, It Might hit the 45k ( New ATH ).

In Worst Case, IF Bitcoin bulls Lost the 30k Strong Support Area then this Bullish plan Will be Cancelled & Bitcoin Might Test The 20k Support Area. 📉
#BTC/USDT looking ready for next legup🚀
Just a reminder that Bitcoin is not a separate world or planet. Its attached to dollar and stocks market. If dollar is rising and stocks fall, so does Bitcoin. If stocks bounce, so does Bitcoin.

Right now DXY making new HH which means that it is potentially reversing back up from downtrend it was in since March 2020. Stocks same as BTC were growing on government money-printer. Possible now is the time for retracement.

Note of bullishness - Bitcoin day chart look better then stocks. Until it drop below 43k there is a chance for consolidation stage which may sooner or later end up with bullish breakout towards 100k.

But if it goes 43k things will be very bad. Always trade only a small portion of your vault.

#SPX500 #Stock #BTC
#BTC FULL UPDATE

The price has formed a horizontal channel with the down border at $56500 and upper border at $60000. If you want to add some BTC to your spot holdings, then make sure you have some bids below $57000.

The overall priority is bullish as long as we stay above the $56500. We're still waiting for Bitcoin to reach $70000 level. Now we can see only small shakeouts.
#Bitcoin #BTC is about to break the $58000 resistance 🧐
#BTC / USDT 🧐

We need to bounce from this level, otherwise we will get 52k. Its strong for now, watching this with 4 eyes! The supports are given with a grey box!
#BTC/USDT
Exchanges: Cofinex
Signal Type: Regular (Long)
Leverage: Cross (75.0X)
Amount: 3.0%

Entry Targets:
1) 34600
2) 34250

Take-Profit Targets:
1) 34900
2) 35200
3) 35600

Stop Targets:
1) 34000