CRYPTOCAP:BTC #BTC Given resistance at $62,580 in effect, current support at $61,614-$60,951, previous 1D closed bullish, RSI on 4H and 1D in overbought region which could result in support test for short term. Next key resistance areas to watch $63,544, $64,344, $65,521, $66,323-$66,961, $68,546.
MIL:BTC #BTC Damn! Look at that! $56K 🔥🔥😎🚀 $52,527 reattempted and busted thru, $56,64 testing! RSI on 4H pumped up, same on 1D too. $54,363 key support here, Next key resistance at $57,792-$58,290, key areas to watch $58,882, $59,788, $60,278, $60,951, $61,674, $62,580.
CRYPTOCAP:BTC #BTC $50,579 support in effect, last 4H close looks good, RSI on 1d and 4h also good. Could reattempt to gain $51,630 support. $52,527 test resistance test likely if pennant plays out on short term, continue watching S/R.
CRYPTOCAP:BTC #BTC ranging $52,527-$50,579, RSI looks good on 4h, RSI on 1d still in overbought region, last 1D closed good with bullish pin bar, given resistance $52,527 remains strong, key support at $50,579, current support range $51,185-$51,630.
CRYPTOCAP:BTC #BTC Given key resistance area at $52,527 holding strong, $51,630-$50,579 current support range, RSI on 4H looking good, previous 1D close looks fine with RSI still in overbought region, Watch given S/R
CRYPTOCAP:BTC #BTC Followed thru on bullish pin bar - Given resistance came in effect at $51,630 and built support over it beautifully, same support in effect currently, $52,527 resistance testing, RSI on 1D and 4H in overbought region, next resistance areas $52,932, $53,672, $54,129, $54,772, and $55,901.
CRYPTOCAP:BTC #BTC look at that! Given resistance at $50,089 in effect, testing here since over 12 hours now, $49,374 current support, next S/R area $50,579 / $51,630, some resistance at $52,932-$53,672 - $53,672 was a major key support in last rally.
CRYPTOCAP:BTC #BTC $44,860 resistance testing. Amazing break from $43,145 key resistance, RSI on 1D looking good, next resistance area to watch at $45,622-$45,876, $44,860 support crucial to hold as this will help reattempt at $47,232 key resistance. $44,174 current support yet to be tested
CRYPTOCAP:BTC #BTC $43,145 resisted throughout the weekend, previous 4h close looking good, RSI on 1D and 4H looking good, Current support at $42,070, $44,860 next key resistance. Watch given S/R
CRYPTOCAP:BTC #BTC $43,522 resisted hard, back below $43,145 support, current 4h with bearish engulfing could test $42,070 support if played out, $42,070 & $40,583 next support areas to watch, must regain $44,860.
CRYPTOCAP:BTC #BTC $42,070 resisted the climb as expected, currently struggling to gain support from $42,070, $43,145 test approaching. Previous daily close bearish, $41,577 current support. Gaining $43,145 support will help test $44,860.
Keep that in mind : - More we go Down. - More the next bullrun will go High. - Fibonacci Law Rule. - Happy thanksgiving to everyone! 🐔
CRYPTOCAP:BTC #BTC AMEX:GBTC outflows effecting #Bitcoin, $39,458 support came in effect, current 4h with potential bullish engulfing, Previous daily closed bearish, RSI on 4h and 1d close to oversold region, expect a reversal as AMEX:GBTC outflows cool down. $42,070 & $43,145 resistance to watch.
CRYPTOCAP:BTC #BTC on $45,622 support. Previous daily closed good beating bears and FUD as the ETF approval news was cleared, $47,232 key resistance to watch here, $44,860 current key support, watch given key resistance areas and support. RSI on 1d and 4h looking good.
CRYPTOCAP:BTC #BTC $46,623 support in effect, $47,232 resistance holding. Previous 4h closed very good, current 1D looking good, if followed thru on previous daily close expect $47,786-$48,080 test, Bitcoin ETF hype already pretty visible throughout the market, Jan 10 deadline approaching shortly. Next key resistances $48,644, $49,734, $50,579, $51,630, $52,932.
CRYPTOCAP:BTC #BTC FUD dump followed by negative ETF rumors, trying to regain $43,145, $42,618 current support. Bearish engulfing on previous daily close but should be able to avoid following it up, $44,174 support needed to reattempt $45,622.
Bitcoin has broken Weekly Resistance at $38,000 and raced to the top of the bull channel around $42,500. Now that the move seems to have played out, what is the next trade? How do we trade this? 🤔 If you're not already in a long, Do Not Enter the market. We're too close to the bull channel resistance, we haven't tested the previous Weekly Resistance as...
CRYPTOCAP:BTC #BTC Beautiful climb, $45,622 resistance came in effect, $44,860 support tested and holding good, Bullish engulfing on previous 4h close. Great follow up on bullish engulfing from 31st Dec on Jan 1st, RSI on 1D looking fine. Next key resistance $46,623, $47,232.