Market Update -
The scenario given yesterday played out exactly. Bitcoin held $27k, and faced its first real resistance on a move up at $27,650 which was the Developing Month VAL up until yesterday.
Once broken we saw a push up to $27.8k where there was more liquidity, but it has seen a strong rejection in this area at the Daily Open.
Bitcoin is looking like it could push again this morning, with most of the sell side liquidity at the $28k area.
The scenario given yesterday played out exactly. Bitcoin held $27k, and faced its first real resistance on a move up at $27,650 which was the Developing Month VAL up until yesterday.
Once broken we saw a push up to $27.8k where there was more liquidity, but it has seen a strong rejection in this area at the Daily Open.
Bitcoin is looking like it could push again this morning, with most of the sell side liquidity at the $28k area.
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📉 #Bitcoin Update:
🔻 #BTC lost trend-line support at $28k and experienced a sharp fall towards $27k. With little bullish strength, we're expecting a move towards $26k in the coming weeks.
💡 Stay cautious and wait for confirmations before opening any trades.
Support levels to watch out for are at $25900 and $24200, while resistance is at $28700.
🐻 The short-term market trend for #Bitcoin is bearish.
Keep a level head and make informed decisions in the days ahead.
🔻 #BTC lost trend-line support at $28k and experienced a sharp fall towards $27k. With little bullish strength, we're expecting a move towards $26k in the coming weeks.
💡 Stay cautious and wait for confirmations before opening any trades.
Support levels to watch out for are at $25900 and $24200, while resistance is at $28700.
🐻 The short-term market trend for #Bitcoin is bearish.
Keep a level head and make informed decisions in the days ahead.
BTC.. is going to crash below.
Everyone is talking about "Sell in May and walk away".
Is this time different? #Bitcoin
Everyone is talking about "Sell in May and walk away".
Is this time different? #Bitcoin
There's potential market movement this week. Safe the #dates‼️
3️⃣ things to bear in mind👇
✔️ Tech Company Earnings
April 25 - Microsoft and Google
April 26 - Facebook
April 28 - Amazon
Negative growth expected‼️
The market will interpret their results as a direction of the overall economy.
✔️ GDP report for Q1
➡️ April 27
Expectations: 1.8% up
✔️ PCE (personal consumption expenditure) report
➡️ April 28
FED's fav measure of inflation
Buckle up for the week‼️
3️⃣ things to bear in mind👇
✔️ Tech Company Earnings
April 25 - Microsoft and Google
April 26 - Facebook
April 28 - Amazon
Negative growth expected‼️
The market will interpret their results as a direction of the overall economy.
✔️ GDP report for Q1
➡️ April 27
Expectations: 1.8% up
✔️ PCE (personal consumption expenditure) report
➡️ April 28
FED's fav measure of inflation
Buckle up for the week‼️
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Synthswap $10,000 Giveaway!
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Market Update -
Bitcoin saw a brutal rejection from $30k yesterday, followed by this whipsaw price action which caused huge liquidations both long and short.
Lets see how the price reacts over the next few hours to get a clearer indication of the next move, but for now it looks like the May 2022 range lows are holding as support again at $28.6k. On a move up $30k is going to be a big level of resistance after what we saw happen there yesterday.
Bitcoin saw a brutal rejection from $30k yesterday, followed by this whipsaw price action which caused huge liquidations both long and short.
Lets see how the price reacts over the next few hours to get a clearer indication of the next move, but for now it looks like the May 2022 range lows are holding as support again at $28.6k. On a move up $30k is going to be a big level of resistance after what we saw happen there yesterday.
Market Update -
At the time of writing this, Bitcoin looks to be fighting to hold the Prev Month High at $29.2k. It is trading above some key levels currently- DM VWAP and the PM VAH acting as our support for now. As long as these levels hold we can assume we have a good chance of $30k again soon.
We have PCE out today (1:30pm UTC,) which could cause volatility. This is a key inflation measure used by the Fed and could set the tone heading into FOMC next week.
At the time of writing this, Bitcoin looks to be fighting to hold the Prev Month High at $29.2k. It is trading above some key levels currently- DM VWAP and the PM VAH acting as our support for now. As long as these levels hold we can assume we have a good chance of $30k again soon.
We have PCE out today (1:30pm UTC,) which could cause volatility. This is a key inflation measure used by the Fed and could set the tone heading into FOMC next week.
Market Update -
Bitcoin continues to look strong for now above $29k, with the Developing Month VWAP acting as the support.
Every hourly candle over the past 24 hours has closed below the Developing Month Value Area High at $29.5k. If we can close a candle above this on a weekend move, we can look for a move to test the Previous Week Highs.
Let's see what the weekend brings us!
Bitcoin continues to look strong for now above $29k, with the Developing Month VWAP acting as the support.
Every hourly candle over the past 24 hours has closed below the Developing Month Value Area High at $29.5k. If we can close a candle above this on a weekend move, we can look for a move to test the Previous Week Highs.
Let's see what the weekend brings us!
Market Update -
Similar situation for Bitcoin today- still facing downtrend resistance on the 12hr.
The Developing Month VWAP around $26,250 is holding as support at the moment.
I personally would only look to take a long on Bitcoin on a clear break of the resistance at $26.8k, but I have my eyes on levels lower if we keep rejecting from this current area.
Similar situation for Bitcoin today- still facing downtrend resistance on the 12hr.
The Developing Month VWAP around $26,250 is holding as support at the moment.
I personally would only look to take a long on Bitcoin on a clear break of the resistance at $26.8k, but I have my eyes on levels lower if we keep rejecting from this current area.
🚨 BREAKING: Russian Hacker Group Killnet Shuts Down European Investment Bank (EIB) Websites in Cyber Attack, as Alerted by Coingraph Days Earlier.
Telegram | Twitter | Website
JUST IN: Major Hacker Groups Announce Plan to Cripple Western Financial System in 48 Hours: Targets Include 🇺🇸 US and 🇪🇺 European Banks, SWIFT, and Federal Reserve — MASH. - Coingraph | NewsTelegram | Twitter | Website
10 hours left until our Pump on Pancakeswap🚀
⏰ Time: 17 pm GMT time.
Coin Name: SOTR
Pair: BNB
Address Contract:
0x71B96c065367B0CEdF28f3B922e13e3ff8d074Ee
Direct link to buy the coin which will be pumped on Pancakeswap: https://pancakeswap.finance/swap?outputCurrency=0x71B96c065367B0CEdF28f3B922e13e3ff8d074Ee
⏰ Time: 17 pm GMT time.
Coin Name: SOTR
Pair: BNB
Address Contract:
0x71B96c065367B0CEdF28f3B922e13e3ff8d074Ee
Direct link to buy the coin which will be pumped on Pancakeswap: https://pancakeswap.finance/swap?outputCurrency=0x71B96c065367B0CEdF28f3B922e13e3ff8d074Ee
pancakeswap.finance
Exchange | PancakeSwap
Trade, earn, and own crypto on the all-in-one multichain DEX
#Bitcoin - Update
$BTC is about to make the first golden cross of the MA20/200.
This has NEVER happened before.🎯
The death cross in Sep. 2022 happened just before the FTX-Crash.
Why do I have a feeling, we're going to see a big green candle soon?
https://twitter.com/el_crypto_prof/status/1671179681024835585
$BTC is about to make the first golden cross of the MA20/200.
This has NEVER happened before.🎯
The death cross in Sep. 2022 happened just before the FTX-Crash.
Why do I have a feeling, we're going to see a big green candle soon?
https://twitter.com/el_crypto_prof/status/1671179681024835585
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