#BTC/USDT ANALYSIS
Bitcoin is facing rejection from the resistance trendline of the broadening wedge pattern, indicating short-term selling pressure.
A potential rebound could occur from the horizontal support/resistance level, where both the 21MA and 50MA are providing confluence support.
A decisive breakout above the pattern would confirm bullish momentum and signal a potential upward continuation. Keep a close watch on upcoming price action developments.
Bitcoin is facing rejection from the resistance trendline of the broadening wedge pattern, indicating short-term selling pressure.
A potential rebound could occur from the horizontal support/resistance level, where both the 21MA and 50MA are providing confluence support.
A decisive breakout above the pattern would confirm bullish momentum and signal a potential upward continuation. Keep a close watch on upcoming price action developments.
📈 #Bitcoin Log Growth Curve Update
BTC is currently trading around $122,500, sitting right in the middle of its long-term logarithmic growth channel that has accurately mapped every Bitcoin cycle since 2010.
Historically, whenever BTC enters this mid-range zone, it signals the early phase of the bull market — with massive upside potential ahead.
The upper band of this curve points toward levels between $285,000 and $1.47M in the coming years, depending on market cycle strength and macro conditions.
What this means — if Bitcoin follows its historical growth path, the next exponential phase could be closer than most expect.
#Bitcoin #BTC #CryptoMarket #BTCUSD #LogGrowthCurves
BTC is currently trading around $122,500, sitting right in the middle of its long-term logarithmic growth channel that has accurately mapped every Bitcoin cycle since 2010.
Historically, whenever BTC enters this mid-range zone, it signals the early phase of the bull market — with massive upside potential ahead.
The upper band of this curve points toward levels between $285,000 and $1.47M in the coming years, depending on market cycle strength and macro conditions.
What this means — if Bitcoin follows its historical growth path, the next exponential phase could be closer than most expect.
#Bitcoin #BTC #CryptoMarket #BTCUSD #LogGrowthCurves
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Richard Teng, CEO of Binance, says Bitcoin stands as the digital gold of today’s era.
📊 Market Overview:
BTC : $122626
ETH : $4475.35
BNB : $1305.72
SOL : $222.03
📈 Market Cap :
Total : 4.29T
DeFi : 156.23B
24hr Vol : 237.59B
⚡ Sentiment :
FGI : Greed (60)
Open Interest : 90.67B
24h Liquidation : $624.8M
BTC : $122626
ETH : $4475.35
BNB : $1305.72
SOL : $222.03
📈 Market Cap :
Total : 4.29T
DeFi : 156.23B
24hr Vol : 237.59B
⚡ Sentiment :
FGI : Greed (60)
Open Interest : 90.67B
24h Liquidation : $624.8M
JUST IN: 🇸🇪 Sweden proposes removing Bitcoin capital gains taxes for payments.