π¨ Bitcoin Funding Is Now Negative..
Bitcoin funding has turned negative.
This means more traders are holding short positions than long positions.
If Bitcoin starts moving higher, many short positions could be liquidated.
That could lead to a short squeeze and a faster price move upward.
Bitcoin funding has turned negative.
This means more traders are holding short positions than long positions.
If Bitcoin starts moving higher, many short positions could be liquidated.
That could lead to a short squeeze and a faster price move upward.
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π¨ BTC UPDATE:
Bitcoin is moving near an important trendline support. π
If the price keeps falling, it could test the support around $63,300.
This is an important level to watch.
If Bitcoin breaks below $63,300, the next target could be around $62,000.
Watch the trendline closely over the next few candles...
Bitcoin is moving near an important trendline support. π
If the price keeps falling, it could test the support around $63,300.
This is an important level to watch.
If Bitcoin breaks below $63,300, the next target could be around $62,000.
Watch the trendline closely over the next few candles...
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Forwarded from MoC Airdropπ°
ARC Hackathon Update β³
β’ Only few hours left to apply.
If you've built something on ARC, don't miss your chance. π
π Apply here
β’ Only few hours left to apply.
If you've built something on ARC, don't miss your chance. π
π Apply here
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Master of Crypto
π¨ BTC UPDATE: Bitcoin bounced exactly from its trendline support, just as expected. π The price is now back above $65,000. Now all eyes are on the upper trendline resistance. If Bitcoin breaks and holds above this level, the next target could be aroundβ¦
Bitcoin has just broken above the trendline resistance.
If BTC holds above this level, the next target could be around $67,000.
A small retest is possible before the next move higher.
If BTC holds above this level, the next target could be around $67,000.
A small retest is possible before the next move higher.
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Master of Crypto
π¨ BTC UPDATE: Bitcoin bounced exactly from its trendline support, just as expected. π The price is now back above $65,000. Now all eyes are on the upper trendline resistance. If Bitcoin breaks and holds above this level, the next target could be aroundβ¦
Unfortunately, Bitcoin couldn't hold above the trendline after the breakout. π
The price has now moved back below the trendline.
This shows that buying pressure is getting weaker.
If BTC stays below this level, the price could fall toward $64,000.
The price has now moved back below the trendline.
This shows that buying pressure is getting weaker.
If BTC stays below this level, the price could fall toward $64,000.
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ALGO is forming descending triangle pattern..
A small retest of the support zone is still possible before the next move.
A breakout with good volime could push ALGO 30% to 50%.
Bitcoin Dominance is also near a resistance level. If it starts falling, altcoins like ALGO could gain more momentum.
A small retest of the support zone is still possible before the next move.
A breakout with good volime could push ALGO 30% to 50%.
Bitcoin Dominance is also near a resistance level. If it starts falling, altcoins like ALGO could gain more momentum.
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Master of Crypto
Crazy pump in MIRA.. But it can dump just as fast as it pumped. If you're in profit, you can consider booking some gains. Low-cap coins usually pump hard and dump even harder. Stay careful.
MIRA dumped hard, just as fast as it pumped.
This is exactly what we were talking about.
This is how low-cap coins usually move. They can pump hard in a short time, but they can also dump just as quickly.
This is exactly what we were talking about.
This is how low-cap coins usually move. They can pump hard in a short time, but they can also dump just as quickly.
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