#BTC/USDT ANALYSIS
BTC is attempting to break out the main horizontal resistance on the weekly timeframe. The Ichimoku cloud and the MA 100 are also acting resistance on the major horizontal resistance. Currently, the price is holding above the ascending trendline support.
A solid breakout of the horizontal resistance would be a bull run confirmation, while a sustained breakdown of the ascending trendline would be a sign of correction in the market.
BTC is attempting to break out the main horizontal resistance on the weekly timeframe. The Ichimoku cloud and the MA 100 are also acting resistance on the major horizontal resistance. Currently, the price is holding above the ascending trendline support.
A solid breakout of the horizontal resistance would be a bull run confirmation, while a sustained breakdown of the ascending trendline would be a sign of correction in the market.
#BTC/USDT ANALYSIS
BTC is retesting above the falling wedge after being rejected from the horizontal resistance and the Ichimoku cloud. MA 21 is acting as support.
A successful retest and a breakout of the horizontal resistance would be the bullish confirmation, while a failed retest would be a sign of correction in the market.
BTC is retesting above the falling wedge after being rejected from the horizontal resistance and the Ichimoku cloud. MA 21 is acting as support.
A successful retest and a breakout of the horizontal resistance would be the bullish confirmation, while a failed retest would be a sign of correction in the market.
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#BTC/USDT ANALYSIS
BTC is still trading above the strong horizontal support in a narrow range. Volume is very low in the market. MACD crossover is losing bearish momentum. Concurrently, the RSI indicator indicates the presence of hidden bullish divergence.
A bounce is expected as long as it sustains its position above the horizontal support. However, it's important to consider the possibility of a sustained breakdown, which could trigger a subsequent downward movement.
BTC is still trading above the strong horizontal support in a narrow range. Volume is very low in the market. MACD crossover is losing bearish momentum. Concurrently, the RSI indicator indicates the presence of hidden bullish divergence.
A bounce is expected as long as it sustains its position above the horizontal support. However, it's important to consider the possibility of a sustained breakdown, which could trigger a subsequent downward movement.
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Currently:☄️
19.5M #BTC (92.7%) are in circulation.
1.5M #BTC (7.3%) are left to mine.
In 1 year:📣
19.7M #BTC (94.0%) will be in circulation.
1.3M #BTC (6.0%) will be left to mine.
In 5 years:📣
20.4M #BTC (97.0%) will be in circulation.
0.6M #BTC (3.0%) will be left to mine.
In 10 years:🔔
20.7M #BTC (98.7%) will be in circulation.
0.3M #BTC (1.3%) will be left to mine.
Zoom out. Hodl.👀
19.5M #BTC (92.7%) are in circulation.
1.5M #BTC (7.3%) are left to mine.
In 1 year:
19.7M #BTC (94.0%) will be in circulation.
1.3M #BTC (6.0%) will be left to mine.
In 5 years:
20.4M #BTC (97.0%) will be in circulation.
0.6M #BTC (3.0%) will be left to mine.
In 10 years:
20.7M #BTC (98.7%) will be in circulation.
0.3M #BTC (1.3%) will be left to mine.
Zoom out. Hodl.
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➡️ Bitcoin retesting 35K levels.
➡️ Bitcoin dominance is below 52% again.
➡️ Altcoins are comparatively holding price, expect a bounce in alts if #BTC ranges here
➡️ Keep eyes on $MATIC, $TIA, $ORDI
➡️ Bitcoin dominance is below 52% again.
➡️ Altcoins are comparatively holding price, expect a bounce in alts if #BTC ranges here
➡️ Keep eyes on $MATIC, $TIA, $ORDI