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📍#Bitcoin Update (Continuous)
🔹Bitcoin bounced from $60,600, which is a good sign, but the ongoing war situation could negatively impact the market.
🔹BTC's price could reach $67,500, but we might see a rejection from there.
🔹Breaking below $59,000 could lead the market to $52,000.
Stay tuned for more information!!
Market Overview:
BTC : $63908
ETH : $3035.99
BNB : $547.52
SOL : $137.39
Dominance :
BTC : 51.98 %
ETH : 15.11 %
Stables : 5.79 %
Market Cap :
Total : 2.41T
DeFi : 84.34B
24hr Vol : 211.18B
⚠️BITCOIN UPDATE ⚠️
▫️Bitcoin remains bullish as long as it doesn't close below $59,000 daily or fail to hold that level.
▫️Market got shaky due to geopolitical tensions, but if things settle quickly, there's no need to worry too much.
▫️Expect a rapid recovery in altcoins once the situation stabilizes.
▫️During this dip, if you want to buy any coins, make sure to buy them only in the spot. The market is highly volatile, so avoid taking leverage trades.
#Bitcoin Update (Ongoing)
▫️As we mentioned yesterday, Bitcoin could drop, and indeed it did.
▫️Geopolitical tensions are affecting the price of crypto, but it's expected to calm down soon.
▫️$67,000 is an important support level; Bitcoin needs to hold above this level, or else we may see the price touch $65,000.
Stay tuned for further updates.
wen nothing works; it's war time
Nothing has changed; same words, same tags from the 2022 Russia/Ukraine war headlines.
No one will do anything. Fire some stuff into the sky and then go back home.
Hedge funds and asset managers will be buying, people's fear of a war that's never going to happen.
With the BTC post-halving, miners are sitting with billions to liquidate. As with previous halvings, BTC went sideways and money flow moved elsewhere; a replica of previous halvings might be the same this time. [more on this soon]
Almost half a billion dollars of liquidations just in an hour! 266k traders liquidated 🫡
Читать полностью…
"ETH is going good as expected🔥, but it's better not to trade it now... Halving is near, so most of the money will flow into superstar BTC."
"We will start building entirely on Ethereum once it breaks above $3590. So stay tuned! ✅"
#Bitcoin Update (Continuous)
▫️The Bitcoin CME gap, which was near $68,400, has been completely filled.
▫️The BTC price is now again trading above $70,000.
▫️However, the gap at $64,000 has not been fully filled yet.
▫️Yesterday, Bitcoin broke the $68,000 support level due to negative CPI data, leading to a drop in its price.
▫️Despite the drop, Bitcoin found support on the trendline and formed a low near $67,700.
Stay tuned for more information!!
⚡️In the past 24 hours 102,246 traders were liquidated.
🟠The total liquidations comes in at $268.01 million
🟠The largest single liquidation order happened on Bybit - BTCUSD value $8.38M
📢In the past 24 hours 62,662 traders were liquidated.
🟠The total liquidations comes in at $173.16 million
🟠The largest single liquidation order happened on OKX - ETH-USD-SWAP value $6.92M
📍#Bitcoin Update (Continuous)
▫️Bitcoin broke out of the symmetrical triangle pattern.The price reached the $72,800 mark.
▫️It is currently experiencing a retracement. During this retracement, it may find support along the trendline.
▫️The next immediate support level is around $70,000.
▫️A break below this level could potentially drive the price towards $68,000.
Stay tuned for more information!!
#Bitcoin Update (Continuous)
🔹Bitcoin has nearly reached its upper trendline, and if it breaks through, we may witness a bullish move.
🔹Despite Bitcoin's weekly candle closing in the red, it closed above $69,000, indicating bull are actively buying the btc.
🔹 But if it got rejection from its Trendline we may see the price will touch the support level of $65,000
Stay tuned for more info!!✅
Bought some $OLLIE for next 5-7 days.
Very Risky Trade, Ig you want you can buy too
CA: CrYCaVeEjGkEtTYV9R8KLTRvuaeKS27GMTbENodmh4tC
Its Very Risky Can go 10x or 0 So DYOR
📍#Bitcoin Update (Continuous)
🔹Bitcoin has broken the $69,000 mark, and if the bullish movement continues, we may witness a breakdown of the symmetrical triangle pattern.
🔹With only a few days left until the halving, interest in Bitcoin is expected to increase.
🔹The next important resistance level is $71,000. Breaking this could potentially lead to a new all-time high.
Stay tuned for more information!!
🔜Only 4 Days 20 Hours days left until Bitcoin next halving.
📌What do you think is going to happen first?
🟠Bitcoin will make its new ATH before halving: ❤️
🟠Halving before new ATH: 🔥
What's Next for Bitcoin? Understanding Its Current Price Moves
#Bitcoin Market Brief
Current Status: $BTC is trading near $64,000 amid recent declines. Bearish trends dominate due to global uncertainties affecting crypto markets.
Key Levels:
Support: Watch $63,800. Falling below could lead us to $51,000.
Resistance: Key resistance at $67,600. Below this, expect continued bearishness.
Observations: Recent charts show a trendline breakout and retest, suggesting a possible further drop. Stay alert to these patterns for trading cues.
Action Points: Maintain strict stop-losses to minimize risks. A break above $71,000 could shift momentum to bullish, signaling a potential new ATH.
Suggestion: Focus on technical analysis and update strategies with market changes. Keep an eye on global news that could sway crypto prices.
Looking Ahead: A climb over $71,000 might set the stage for new record highs.
Keep tuned for updates.
#BTC #Cryptocrash
This gives me the Covid Crash (March 2020) vibes actually 🤔
If you remember back in October I said that Middle East was a ticking bomb that could trigger a Black Swan event at any moment, so it's not a surprise for me.
📎 Now what about the markets: I don't think the reaction will be as dramatic as in March 2020 but stay away from leverage. If you have some stables - slowly DCA #Alts.
I'm on spot and not worried at all. We'll get through it all
📉 Crypto Alert! Market Drops! 🚨
Big news in the crypto world:
Bitcoin (BTC) fell to $65,102 (down 8.35%).
Ethereum (ETH) dropped below $3,244 (down 13.60%).
Solana (SOL) went under $140 (down 20.50%).
Other coins took hits too:
WIF: Down 37%
PEPE: Down 36%
TNSR: Down 35%
FLM: Down 35%
💥 Over the last 12 hours, $935M was lost in trades:
$824M from long trades
$112M from short trades
Stay alert and keep an eye on the market!
GOOD ENTRYS FOR DIP BUYING
arbitrum - 1.12
DYDX - 2.18
OCEAN - 0.81
AGIX - 0.82
APTOS - 9.76
JUPITER - 1.01
IMX - 2.04
FTM - 0.75
AVAX - $38
#Bitcoin Update (Continuous)
💠Bitcoin reached to its resistance area where it is forming a double top pattern, which is a bearish pattern indicating a potential price drop.
💠The next immediate support is at $69,500. If this level is breached, the price could decline to $68,800.
🔥Stay tuned guyz, we will update you about Market direction ✅
Look at the ETH chart.... It's forming a trendline support near $3450. expecting it to hold this and may go up. 🚀
Remember guyz..Ethereum leads the altcoins. When it makes a bullish move, there's hope for altcoins to follow it✅
🚨$IOST/USDT : 1D
$IOST is on the rise and breaking its previous swing highs. The price recently bounced back from a support zone after a pullback, and it's expected to continue rising and form new highs.🚀
Buy : $0.0127
TP : $0.0182
SL : $0.00905
📍#Bitcoin Update (Continuous)
▫️Bitcoin had a fakeout, causing a drop to approximately $68,000.
▫️At this level, there's a visible support area indicating potential stabilization.
▫️If this support area is breached, the price might decline further towards $67,000, where a trendline support awaits.
Stay tuned for more information!!✅
▫️This is a funding rate heatmap.
▫️The yellow color indicates that funding rates are turning positive, suggesting increased long positions.
▫️Currently, we're observing the funding rate gradually becoming slightly positive again.
▫️Additionally, Bitcoin dominance is approaching its support level, indicating a possibility of a minor correction in altcoins.
👩🚀 #REVIEW BITCOIN FRACTAL
Are we witnessing the start of the parabolic curve or just the casual bullish pennant breakout? This is the question no one has answer to.
As you can see, the structure is deadly similar, same bullish pennant just around previous ATH! In late 2020 and early 2021 this became the most crazy parabolic run of all time. Right now the price action is the same, but timing is different: we haven't even hit halving point yet!
Answering the main question, I think we'll likely see the casual breakout with no insane runs. The reason is simple: #BTC became another stock after all these ETFs. Stock market enjoyers are tend to book even tiny profit, thus we may have a lot of stops along the way.
However, it's never bad to free your mind and dream! This chart is for you, my fellow dreamers ❤️
▫️Last time when Bitcoin was above $69,000, funding rates were very high.
▫️But currently, when Bitcoin is above $69,000, funding rates are normal, which is a positive sign.
What do you Think 💬 Will Bitcoin make New All time high This week❓
Yes 👍 No👎
📌Base L2 is now doing more transactions than Ethereum L1 and Arbitrum combined📶💰
Читать полностью…
📍#Bitcoin Update (Continuous)
🔹The price of Bitcoin is currently fluctuating significantly, moving within the range of $64,000 to $68,000.
🔹As long as the price of Bitcoin stays above $59,000, there is no cause for concern.
🔹However, if Bitcoin breaks below this level, we may see further drops in the price.
🔹Overall, we are still in a bullish trajectory.
Stay tuned for more information!! ℹ️