#BTC is breaking out of this ascending triangle!

Bitcoin (BTC) is showing signs of a potential bullish rally of around 15–17%.

BTC currently breaking out of this ascending triangle, with an attempt to surpass the crucial resistance level of 69k.

Expecting a 15% to 17% rally after the breakout and retest of this pattern.

In the event of a worst-case scenario, where the bulls fail to hold the support at 66k, Bitcoin may test the support area of 60k.

Stay tuned I will keep updating.

Comment:

BTC #BTCUSD BTCUSDT
Bitcoin has been performing well in the market and has recently reached the resistance zone area and its All all-time high.

The price has been consistently maintained above the resistance area, indicating a high level of confidence by buyers.
It is expected that the upcoming week will bring about another push in the market, but a retracement may occur, which is actually beneficial for a healthy market. In light of this, it is recommended that investors continue accumulating good alts to make the most out of the situation.

Please keep in mind that the market is in highly, and sudden drops in value can occur at any time. It is advisable to be prepared for this possibility, especially when accepting a drop before the halving event. This is because, historically, the market tends to shake out less experienced traders before the real bull run begins.

Stay tuned I will keep updating.
#DYOR 3NFA

Comment:

BTC BTCUSD #BTCUSDT
Bitcoin has recently reached a new all-time high and there is no resistance level in sight to stop its upward trend.

However, it's likely that there will be a retracement before another new high. It's important to note that a healthy market requires corrections, so there may be a weekly candle retracement to a certain level. This could present a good opportunity to buy.

Stay tuned for more updates
#DYOR #NFA

Comment:

#Bitcoin has recently set a new all-time high (ATH) and formed a fresh resistance zone. Although the price has been sustained below this zone, we can still anticipate another pump and a new ATH in the near future. At present, it is recommended to hold onto your BTC and other alternative cryptocurrencies (ALTS) and accumulate any new ones that come up.

Stay tuned for more updates.
BTC BTCUSDT BTCUSD
#DYOR #NFA

Comment:

BTC BTCUSDT BTCUSD

#BTC UPDATE

Bitcoin (BTC) has recently dropped from a newly established resistance zone and has broken through minor support levels. As a result, the price is anticipated to reach the support zone of $64,800 - $66,000 where a reversal is expected to occur. This market correction is an encouraging sign as it is likely to lead to a healthy market movement in the future.

Stay tuned for more updates.

Comment:

BTC BTCUSDT $Bitcoin has been adjusting to market conditions, resulting in bearish trends on the H4 and all lower timeframes. The daily timeframe has also turned bearish, with a significant downward wick suggesting absorption. The price has already tested support and might drop further for a final shakeout. Keep an eye on the weekly closing and the Dollar Index (DXY) too.

#DYOR

Comment:

$BRTC BTCUSDT BTCUSDT
#BITCOIN WEEKLY TF UPDATE :

Bitcoin has broken through its resistance level and is currently hovering around the $64,500 - $66,300 support zone. Today is the weekly closing, and Bitcoin must maintain its position above the mentioned support zone. In the upcoming week, we anticipate a bullish move. It's worth noting that corrections are beneficial if they are prolonged.

keep an eye on the weekly candle-close

Stay tuned I will keep updating

Comment:

#BITCOIN WEEKLY TIME FRAME TECHNICAL ANALYSIS🔔

After breaking the previous all-time high, which was $69,028 and achieving a new high of $73,773.
Currently trending above the strong support zone of $64,500 to $66,300, technically it’s a very strong support zone. Today is the weekly closing, and Bitcoin must maintain its position above the mentioned support zone.

Here we have two scenarios.

First, if this week's candle closes above the $64,500 support then in the upcoming week, we anticipate a bullish move towards the $94,500.

In the second scenario, if it does close below the support, then it is highly possible that it will drop to $38,500 to $40,000 before the halving, and that will be the last chance to buy bitcoin at a much lower price.

Here is the question: does it drop before the halving or after the halving?

So it is advisable to be prepared for this possibility, especially when accepting a drop before the halving event. This is because, historically, the market tends to shake out less experienced traders before the real bull run begins.

This chart serves as a valuable aid in making informed trade decisions and is intended solely for educational purposes.
Your insights and perspectives on the charts are highly appreciated and can be shared in the comment section.

Thank you for your contribution.

Comment:

BTC As predicted, #BTC experienced a dip and rebounded strongly. Currently, it is facing a resistance zone of $69,600 - $70,000 and struggling to break out of it. On the weekly chart, the candle made a retest of the support level with a large wick indicating a strong rejection. This suggests that we may see an all-time high break in the near future.

Comment:

Bitcoin (#BTC) recently faced a minor resistance area and subsequently fell back to the support zone. However, the good news is that it has been able to hold on to this support zone. It is important to monitor the closing price and be prepared for a potential break below the support zone, in which case we will need to wait for the next support zone.

Stay tuned I will keep updating.

Comment:

BTC has broken and closed below a key support zone, and has even made a retest. The market is currently experiencing a heavy dump and is expected to reach the support zone around $58,200–$59,550. Despite the strong correction, it is important to remain calm and keep an eye on the situation.

Stay tuned, and I will keep updating