Crypto Buying Tips
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😵 Short 🔴 : Bitcoin (BTC) Faces Significant Rejection as Sellers Take Control
Pair: #BTCUSDT.P
Interval: 240
Date: 22/10/2024 10:27
Exchange: BingX

Bitcoin experienced a rejection near the upper resistance zone and is now retracing towards a re-test of the local broken zone. A failed re-test and a subsequent break of the zone may signal seller dominance at that level. If this scenario unfolds, a significant downward movement could ensue. Further observation is advised.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX
😵 Short 🔴 : Bitcoin (BTC) Market Dynamics: Sellers Exerting Dominant Pressure
Pair: #BTCUSDT.P
Interval: 240
Date: 23/10/2024 04:05
Exchange: BingX

Further weakness is being exhibited by Bitcoin as it moves slowly towards the major re-test zone. The potential for a full-scale breakdown is being monitored as it could trigger a further decline to lower zones, including the target areas.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX
😵 Short 🔴 : Bitcoin (BTC) Market Update: Buyers Dominate Re-Test Area
Pair: #BTCUSDT.P
Interval: 240
Date: 24/10/2024 11:44
Exchange: BingX

A re-test of a broken zone was observed, with a weak and small re-test noted as buyers regained control near the zone. Another test and potential breakdown are anticipated by the end of the week. Failure to see a re-test may lead to testing higher zones, particularly major resistance levels on a larger timeframe.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX
😵 Short 🔴 : Bitcoin (BTC) Market Analysis: Sellers Assert Control as Buyers Face Challenges
Pair: #BTCUSDT.P
Interval: 240
Date: 25/10/2024 09:28
Exchange: BingX

A smaller push was made by Bitcoin after the weak re-test that occurred yesterday. The gameplan remains unchanged, with further movement expected towards lower zones following a successful break near the re-test zone. Sellers are observed demonstrating dominance whenever bulls attempt to break and form Break of Structures on smaller timeframes.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX
😵 Short 🔴 : Bitcoin (BTC) Continues to Trade Below Key Resistance Level
Pair: #BTCUSDT.P
Interval: 1W
Date: 28/10/2024 11:25
Exchange: BingX

Last week, a slight rollercoaster movement was observed in Bitcoin, with a potential rejection from a major resistance zone. However, the dip was quickly bought up by buyers, leading to renewed pressure on the resistance zone around $72-73K. Monitoring candle movements near this level is crucial for identifying potential weaknesses. The situation should be closely monitored for further developments.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX
😵 Short 🔴 : Bitcoin (BTC) Price Proximity to All-Time High: Potential Liquidity Search
Pair: #BTCUSDT.P
Interval: 240
Date: 29/10/2024 06:04
Exchange: BingX

Bitcoin is currently approaching ATH zones with strong buyer dominance post breaking a smaller resistance zone and leaving a CME gap. A pushy start to the week is anticipated to lead the price towards the FWB:73K zone. If liquidity hunting does not occur, a sharp rejection and claim of liquidity in lower zones are possible. Entry zones have been identified for Bitcoin post rejection in upper zones.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX
😵 Short 🔴 : Bitcoin Reaches All-Time High Price: Potential Liquidity Search and Decline
Pair: #BTCUSDT.P
Interval: 240
Date: 30/10/2024 08:44
Exchange: BingX

The all-time high zones have been nicely reached by Bitcoin, as targeted in yesterday's plan. Potential liquidity sweeps are being sought in this zone, along with any signs of weakness. If these indications are observed, a price retracement is expected, filling the CME gap and normalizing the currently overbought RSI. The recent price increase appears to be driven by a "buy the rumor, sell the news" effect.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX
😵 Short 🔴 : Bitcoin (BTC) Approaching High Liquidity Levels, Anticipate Significant Market Movement
Pair: #BTCUSDT.P
Interval: 240
Date: 31/10/2024 07:06
Exchange: BingX

Bitcoin has experienced a period of relative stability following a significant push towards its all-time high (ATH) level, which has not yet been reached. The current monthly candle closing phase, coupled with the ATH level and an upcoming election, creates a scenario ripe for manipulation and liquidity hunting. A substantial correction is expected to occur either at the current level or after a slight upward movement towards higher zones, possibly involving a liquidity hunt, a common occurrence at this stage.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX
😵 Short 🔴 : Bitcoin (BTC) Encounters Significant 5% Resistance Rejection
Pair: #BTCUSDT.P
Interval: 240
Date: 01/11/2024 09:41
Exchange: BingX

A 5% market price movement has been observed in Bitcoin after encountering resistance near its all-time high. Further movement towards lower zones, with a first target at $66K (where an unfilled CME gap exists), is anticipated. The start of the new month has seen a significant sell-off, and the extent of this downward trend remains to be seen.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX
😵 Short 🔴 : "Bitcoin Dominance: Prime Opportunity to Invest in Undervalued Altcoins"
Pair: #BTC.D
Interval: 2W
Date: 03/11/2024 21:08
Exchange: CRYPTOCAP

Bitcoin Dominance is currently around 60.51%, with BTC holding the 68k–70k range while altcoins see a drop of 20-40% from recent highs. This common pattern in bull runs sees rising BTC dominance pulling altcoins down. A potential altcoin rally may be triggered if a rejection zone between 64% and 65.81% is reached, while BTC achieves new all-time highs and moves sideways. Key points to monitor include BTC Dominance levels, BTC closing above $71,378 monthly resistance, and altcoins demonstrating reversal signs. This alignment could present a strong opportunity for altcoins. Holding USDT or stablecoins now may enable the purchase of altcoins at lower levels in the near future. Important updates will be shared when necessary.

#BTC.D is tradable on CRYPTOCAP 🚀💰

#BTC.D | #Market Cap BTC Dominance, % | #CRYPTOCAP