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The Bitcoin "Bottom" Signal
They tried to break $73k. They failed. The "Spring" is here.
Show a massive, long red wick touching $73,000 and bouncing back up instantly.
Everyone was waiting for the $80,000 support to break so they could panic sell.
Today, the market gave them exactly what they wanted—and then trapped them.
Bitcoin flushed all the way down to $73,000, testing the critical "ETF Average Cost Basis."
What happened next?
It didn't collapse. It bounced.
This specific level ($73k) is where the Institutions had their buy limit orders waiting.
The Signal: The "Crypto Winter" phase is officially thawing. We are entering the Spring Recovery Phase.The Strategy: This was the shakeout. If you sold your cheap coins today, you just donated them to BlackRock. The bottom-buying window is open, but it won't stay open for long.
#Bitcoin #CryptoMarket #BuyTheDip #InstitutionalMoney #BTC73k
Show a massive, long red wick touching $73,000 and bouncing back up instantly.
Everyone was waiting for the $80,000 support to break so they could panic sell.
Today, the market gave them exactly what they wanted—and then trapped them.
Bitcoin flushed all the way down to $73,000, testing the critical "ETF Average Cost Basis."
What happened next?
It didn't collapse. It bounced.
This specific level ($73k) is where the Institutions had their buy limit orders waiting.
The Signal: The "Crypto Winter" phase is officially thawing. We are entering the Spring Recovery Phase.The Strategy: This was the shakeout. If you sold your cheap coins today, you just donated them to BlackRock. The bottom-buying window is open, but it won't stay open for long.
#Bitcoin #CryptoMarket #BuyTheDip #InstitutionalMoney #BTC73k
$BTC has reached the 70k mark ✅️✅️✅️✈️✈️✈️
- on October 29, 2024 -
BTC still maintains its upward momentum, and has reached the 70k$ mark again after more than 2 months. As I said, this is not the time to invest; this is the time for us to stand outside the market and observe. Let's watch until BTC has a correction. Currently, it may be very difficult for us to see BTC at a price below 60k$. We can consider investing when BTC corrects around the 65k$ - 66k$ range. If BTC clearly maintains its growth momentum and breaks ATH, then we can consider investing using the DCA method chasing the price at the 68k$ - 70k$ level after BTC breaks ATH and corrects ✅️. Remember to patiently wait for a price correction, and investing according to the trend is the upward trend ✈️✅️
- Wishing investors always stay alert in every transaction ✅️.
#btc73k #uptrendbullrun #Uptrend
- on October 29, 2024 -
BTC still maintains its upward momentum, and has reached the 70k$ mark again after more than 2 months. As I said, this is not the time to invest; this is the time for us to stand outside the market and observe. Let's watch until BTC has a correction. Currently, it may be very difficult for us to see BTC at a price below 60k$. We can consider investing when BTC corrects around the 65k$ - 66k$ range. If BTC clearly maintains its growth momentum and breaks ATH, then we can consider investing using the DCA method chasing the price at the 68k$ - 70k$ level after BTC breaks ATH and corrects ✅️. Remember to patiently wait for a price correction, and investing according to the trend is the upward trend ✈️✅️
- Wishing investors always stay alert in every transaction ✅️.
#btc73k #uptrendbullrun #Uptrend
$BTC
Short Trade Update ✍️💎
Tp 2 done 👍✅
book some gains and enjoy your day 💝😊
follow me for more Such Trades 🤝✨
#UptoberBTC70K? #SCRSpotTradingOnBinance #USRetailSalesBoost #TeslaTransferBTC #btc73k
Short Trade Update ✍️💎
Tp 2 done 👍✅
book some gains and enjoy your day 💝😊
follow me for more Such Trades 🤝✨
#UptoberBTC70K? #SCRSpotTradingOnBinance #USRetailSalesBoost #TeslaTransferBTC #btc73k
$BTC
{spot}(BTCUSDT)
LTF Prospective Short here 👇
Sl at 69600
Tps
68600
68300
68000
67700
67500
Use Proper Risk Management and don't risk more than 2% of your Capital ✍️✨
follow me for more Such Trades 🤝✨
#TeslaTransferBTC #BTC突破7万大关 #btcupdates2024 #BTC100Ksoon #SCRSpotTradingOnBinance
{spot}(BTCUSDT)
LTF Prospective Short here 👇
Sl at 69600
Tps
68600
68300
68000
67700
67500
Use Proper Risk Management and don't risk more than 2% of your Capital ✍️✨
follow me for more Such Trades 🤝✨
#TeslaTransferBTC #BTC突破7万大关 #btcupdates2024 #BTC100Ksoon #SCRSpotTradingOnBinance
🚨 BTC/USDT Market Update 🚨
Bitcoin is trading at $68,270, showing a slight dip of -0.17% in the last 24 hours. With a 24H high of $69,519 and a 24H low of $68,119, the market is consolidating in a narrow range. 🧐
The MA60 at $68,286 is providing critical guidance. Currently, BTC is sitting just below this moving average, suggesting short-term bearish sentiment. However, if BTC breaks above $69,519 (resistance), we could see a bullish surge 📈. On the downside, watch for the $68,119 support level – a breakdown here could spark more selling pressure. 📉
Strategy? A breakout entry above $69,519 might offer a strong buy signal, while a failure at $68,119 could hint at an opportunity for shorts. Stay sharp! 💥
Remember, in these tight ranges, the right entry timing can make all the difference!
#BTC☀ #BTC500K #btc73k #BTC500K #Write2Earn!
Bitcoin is trading at $68,270, showing a slight dip of -0.17% in the last 24 hours. With a 24H high of $69,519 and a 24H low of $68,119, the market is consolidating in a narrow range. 🧐
The MA60 at $68,286 is providing critical guidance. Currently, BTC is sitting just below this moving average, suggesting short-term bearish sentiment. However, if BTC breaks above $69,519 (resistance), we could see a bullish surge 📈. On the downside, watch for the $68,119 support level – a breakdown here could spark more selling pressure. 📉
Strategy? A breakout entry above $69,519 might offer a strong buy signal, while a failure at $68,119 could hint at an opportunity for shorts. Stay sharp! 💥
Remember, in these tight ranges, the right entry timing can make all the difference!
#BTC☀ #BTC500K #btc73k #BTC500K #Write2Earn!
[Update BTC, ETH, Altcoin and Meme on 10-21-2024]
Currently, the price of $BTC is fluctuating around 69k and is trending to break out.
BTC.D has started to turn around and decrease sharply, which is an opportunity for $ETH and its juniors to prepare for a strong flight from here.
I will gradually close $ETH this week as soon as it reaches 2k9 as previously calculated.
I still hold 90% of my portfolio in BTC and I have no intention of exiting BTC. I am still prepared for the case that the uptrend will happen from here.
Those who are afraid can exit,
Those who want to hold x10, 100, 1000 can hold, I will not comment on that issue.
Currently, ETH price has started to be pulled, some Altcoins are waiting to close 3d candles and W candles to fly this wave.
*** This is the last candle I warn you to short.
*** How do you think Memecoin will fly in this wave??? In my opinion, there will be x2, x10 and x10000 appearing.
Remember to follow me to update the latest market views.
#BTC☀ #btc70k #btc73k #mememcoinseason2024 #MemeWatch2024
Currently, the price of $BTC is fluctuating around 69k and is trending to break out.
BTC.D has started to turn around and decrease sharply, which is an opportunity for $ETH and its juniors to prepare for a strong flight from here.
I will gradually close $ETH this week as soon as it reaches 2k9 as previously calculated.
I still hold 90% of my portfolio in BTC and I have no intention of exiting BTC. I am still prepared for the case that the uptrend will happen from here.
Those who are afraid can exit,
Those who want to hold x10, 100, 1000 can hold, I will not comment on that issue.
Currently, ETH price has started to be pulled, some Altcoins are waiting to close 3d candles and W candles to fly this wave.
*** This is the last candle I warn you to short.
*** How do you think Memecoin will fly in this wave??? In my opinion, there will be x2, x10 and x10000 appearing.
Remember to follow me to update the latest market views.
#BTC☀ #btc70k #btc73k #mememcoinseason2024 #MemeWatch2024
I told the Short altcoin brothers to pay attention, at this position, the MMs who have been shaking their stocks for a while now can pull any tree like $APE today
{spot}(APEUSDT)
You guys often ask which coin to choose x5, x10,... I don't know what to say, I'm happy with x2, x3.
Choosing coins is what you have to do, when you have entered the stock before this time, it's the right time.
The rest is for you to calmly sit and wait, the MM will not pull until it has shaken off enough of the target it wants.
So you will often see that when you sell a coin, the coin will fly away. (Did anyone sell $APE in the last sell-off?)
Those who are holding and are down 10-20% are probably due to entering the fomo phase or getting hacked or delisted or just flying away, right?
P/S: Those who are shorting altcoins at the bottom should consider it yourself. Next week it won't be as light as this.
Total 3 until I reach my desired position, $ETH I will not exit
{spot}(ETHUSDT)
Please check my posts for any positions. Remember to follow to update new news.
#APEUSDT #ape #ApeChain
{spot}(APEUSDT)
You guys often ask which coin to choose x5, x10,... I don't know what to say, I'm happy with x2, x3.
Choosing coins is what you have to do, when you have entered the stock before this time, it's the right time.
The rest is for you to calmly sit and wait, the MM will not pull until it has shaken off enough of the target it wants.
So you will often see that when you sell a coin, the coin will fly away. (Did anyone sell $APE in the last sell-off?)
Those who are holding and are down 10-20% are probably due to entering the fomo phase or getting hacked or delisted or just flying away, right?
P/S: Those who are shorting altcoins at the bottom should consider it yourself. Next week it won't be as light as this.
Total 3 until I reach my desired position, $ETH I will not exit
{spot}(ETHUSDT)
Please check my posts for any positions. Remember to follow to update new news.
#APEUSDT #ape #ApeChain
Bitcoin Enters Bullish Territory? Chart Dynamics
$BTC
Bitcoin is about to enter bullish territory. If we see a move and close above the $70,000-$71,000 price range, Bitcoin is now in bullish territory as the chart structure of lower highs breaks. (A break above 70,000 would produce the first higher high.)
At this point, if this happens, we do not go LONG on Bitcoin. Instead, we focus on Altcoins and pairs/projects that are trading lower/near support.
Bitcoin is about to enter bullish territory. If we see a move and close above the $70,000-$71,000 price range, Bitcoin is now in bullish territory as the chart structure of lower highs breaks. (A break above 70,000 would produce the first higher high.)
At this point, if this happens, we do not go LONG on Bitcoin. Instead, we focus on Altcoins and pairs/projects that are trading lower/near support.
$BTC Shakeout coming to Liquidate Longs!
Toward the end of October, BTC may experience volatility, aiming to liquidate overleveraged long positions.
This could manifest as a sudden, sharp drop in price to wipe out long positions and discourage bullish sentiment.
This type of move often sees BTC dipping to strong support levels, allowing large players to accumulate BTC at discounted prices.
69k to 68.5k
#TeslaBTCQ3HoldingsStable #btc73k #bitcoin☀️ #Suipriceanaysis #BinanceBlockchainWeek
Toward the end of October, BTC may experience volatility, aiming to liquidate overleveraged long positions.
This could manifest as a sudden, sharp drop in price to wipe out long positions and discourage bullish sentiment.
This type of move often sees BTC dipping to strong support levels, allowing large players to accumulate BTC at discounted prices.
69k to 68.5k
#TeslaBTCQ3HoldingsStable #btc73k #bitcoin☀️ #Suipriceanaysis #BinanceBlockchainWeek
Now I will explain how to take advantage of this rise in $BTC , to make a daily profit of $350 from trading Bitcoin at a buy price of $98,000 and a sell price of $105,000, you need to understand the trading mechanism and how to deduct fees to determine the net profit.
$BTC How to Buy and Sell for Profit
1. Buy at the low price ($98,000)
At this price, buy an amount of Bitcoin equal to your capital. Let's say you will buy 0.05 BTC with $4,900.
0.1%, $4.9 is deducted from your capital.
After deducting the fees, you will get a slightly smaller amount of Bitcoin, about 0.04995 BTC.
2. Sell at the high price ($105,000)
Sell the amount you bought when the price reaches $105,000.
Total sale value: $5,247.75 (0.04995 BTC x $105,000).
Selling fee: 0.1% of the sale value is deducted, which is about $5.25.
3. Calculating the net profit
After deducting the purchase fee ($4.9) and the selling fee ($5.25), the net profit becomes about $339.85.
---
How to reduce fees
Use BNB to pay fees: If you use the Binance platform, you can reduce the fees to 0.075% when paying with BNB.
Calculation after deduction:
The purchase fee becomes about $3,675.
The selling fee becomes about $3,935.
Net profit after reduced fees rises to $342.39
$BTC
#BinanceAirdropsCATandPENGU
#VANAOpening #BTC☀ #BTC500K #btc73k
$BTC How to Buy and Sell for Profit
1. Buy at the low price ($98,000)
At this price, buy an amount of Bitcoin equal to your capital. Let's say you will buy 0.05 BTC with $4,900.
0.1%, $4.9 is deducted from your capital.
After deducting the fees, you will get a slightly smaller amount of Bitcoin, about 0.04995 BTC.
2. Sell at the high price ($105,000)
Sell the amount you bought when the price reaches $105,000.
Total sale value: $5,247.75 (0.04995 BTC x $105,000).
Selling fee: 0.1% of the sale value is deducted, which is about $5.25.
3. Calculating the net profit
After deducting the purchase fee ($4.9) and the selling fee ($5.25), the net profit becomes about $339.85.
---
How to reduce fees
Use BNB to pay fees: If you use the Binance platform, you can reduce the fees to 0.075% when paying with BNB.
Calculation after deduction:
The purchase fee becomes about $3,675.
The selling fee becomes about $3,935.
Net profit after reduced fees rises to $342.39
$BTC
#BinanceAirdropsCATandPENGU
#VANAOpening #BTC☀ #BTC500K #btc73k
🐳 #Whales stocking up on $BTC , getting ready for the big leap?
#CryptoQuant analysts have spotted whales back in action—accumulating more #Bitcoin❗ , likely in anticipation of a price surge. 🌊💰
#btc73k #BullRunLoading
#CryptoQuant analysts have spotted whales back in action—accumulating more #Bitcoin❗ , likely in anticipation of a price surge. 🌊💰
#btc73k #BullRunLoading
UPDATE $BTC BTC 11/08/2024 FOR EVERYONE
Last night, the FED decided to cut interest rates by 0.25 points. This decision caused BTC to reach a new ATH and come close to the 77k threshold, while many altcoins are also showing signs of positive recovery.
Although BTC has not yet surpassed the 77k threshold, there is a high possibility of a retest of the EMA lines in the H4 timeframe. It is important to note that liquidity tends to decrease over the weekend, so everyone should remain cautious in trading.
Our family, follow me to update daily crypto news.
#btc73k #BTC☀ #btc #bitcoin
Last night, the FED decided to cut interest rates by 0.25 points. This decision caused BTC to reach a new ATH and come close to the 77k threshold, while many altcoins are also showing signs of positive recovery.
Although BTC has not yet surpassed the 77k threshold, there is a high possibility of a retest of the EMA lines in the H4 timeframe. It is important to note that liquidity tends to decrease over the weekend, so everyone should remain cautious in trading.
Our family, follow me to update daily crypto news.
#btc73k #BTC☀ #btc #bitcoin
BTC BULLRUN END!
Btc has reached its all time high of 62970k and will be coming down for correction till 67k to 69k this weekend so don't make long trades just short btc and make profits...once US elections ends market will make a huge dip...#BTC☀ #btc73k #BinanceBlockchainWeek
Btc has reached its all time high of 62970k and will be coming down for correction till 67k to 69k this weekend so don't make long trades just short btc and make profits...once US elections ends market will make a huge dip...#BTC☀ #btc73k #BinanceBlockchainWeek
BTC CAN'T BREAK IT'S NEW ATH?
Today btc has marked it's high at 73620 dollars but can't cross its all time high of 73750 dollars...It tells us that btc will not cross such highs even after years...It will keep on making highs and lows but I don't think it will cross its New ATH...
Btc is pumping due to US presidential elections and big institutions are buying btc and so market is pumping and the second reason is the interest rate cut down...Btc can make a low till 66k to 69k range after elections or this weekend or next...Let's see what happens next! #btc #BTCBreak71K #BTC☀ #btc73k
Today btc has marked it's high at 73620 dollars but can't cross its all time high of 73750 dollars...It tells us that btc will not cross such highs even after years...It will keep on making highs and lows but I don't think it will cross its New ATH...
Btc is pumping due to US presidential elections and big institutions are buying btc and so market is pumping and the second reason is the interest rate cut down...Btc can make a low till 66k to 69k range after elections or this weekend or next...Let's see what happens next! #btc #BTCBreak71K #BTC☀ #btc73k
Bitcoin Market Sentiment Enters Extreme Greed Zone, What Does This Mean For BTC?
Despite facing strong resistance at the $73,000 price level, leading to a notable price drop on Thursday after a remarkable week of upside movement, traders and investors are still betting on Bitcoin, demonstrating a persistent demand for the crypto asset.
Bitcoin In Extreme Greed Territory Again After Fews Months
Investors’ sentiment around Bitcoin has witnessed a sharp increase as BTC’s Fear and Greed index has moved into extreme greed levels, signaling an optimistic outlook for the crypto asset. Jason Pizzino, a macro trader and investor, reported the development in a recent post on X, which may suggest an overvaluation of the asset.$BTC
The macro expert pointed out that for 2 days in a row, Bitcoin was within the extreme greed zone, marking its first time since June this year. He further warned that this market sentiment may persist throughout the next few months as seen in the past market trends.
Specifically, the Fear and Greed index is a tool for examining BTC’s superiority over other digital assets by assessing variables like volatility, momentum, and social media trends. It has been a reliable indicator that offers investors insights on when to sell and buy BTC.
According to Pizzino, near the peak in February and April were the last time Bitcoin experienced prolonged periods of extreme greed, suggesting renewed confidence and optimism in BTC. Even though there was still a lot of price activity during this period, Pizzino claims development is a “top signal.”
This increase in market sentiment reflects a constant rise in confidence among retail and institutional investors, triggering an upward direction for the price of Bitcoin. While this shift in enthusiasm often implies that investors are anticipating more gains, there is a risk of overbought conditions.
In the meantime, the expert has urged investors to be wary of those promoting the large inflows of the historical Spot Bitcoin Exchange-Traded Funds (ETFs) presently or Michael Saylor’s current comments about BTC, claiming everything was the same 8 to 10 months ago.
BTC In A Bearish Territory Amidst Extreme Greed
Despite the strong optimism around BTC, the crypto asset has fallen to the $69,000 threshold, showing signs of an extended decline. Given that this drop comes after a week of upward movement, it has sparked speculations about its short-term potential.
However, with the surge in trading volume in the past 24 hours by over 21%, there is the possibility of a brief price rebound as the bulls seem to be gradually regaining control of the market.
The decline has also led to a dip in Bitcoin’s dominance in the market, which has fallen to 58%, previously situated close to 60%. This slight decrease in market dominance during waning performances in BTC raises the potential of diversification towards altcoins.
Bitcoin In Extreme Greed Territory Again After Fews Months
Investors’ sentiment around Bitcoin has witnessed a sharp increase as BTC’s Fear and Greed index has moved into extreme greed levels, signaling an optimistic outlook for the crypto asset. Jason Pizzino, a macro trader and investor, reported the development in a recent post on X, which may suggest an overvaluation of the asset.$BTC
The macro expert pointed out that for 2 days in a row, Bitcoin was within the extreme greed zone, marking its first time since June this year. He further warned that this market sentiment may persist throughout the next few months as seen in the past market trends.
Specifically, the Fear and Greed index is a tool for examining BTC’s superiority over other digital assets by assessing variables like volatility, momentum, and social media trends. It has been a reliable indicator that offers investors insights on when to sell and buy BTC.
According to Pizzino, near the peak in February and April were the last time Bitcoin experienced prolonged periods of extreme greed, suggesting renewed confidence and optimism in BTC. Even though there was still a lot of price activity during this period, Pizzino claims development is a “top signal.”
This increase in market sentiment reflects a constant rise in confidence among retail and institutional investors, triggering an upward direction for the price of Bitcoin. While this shift in enthusiasm often implies that investors are anticipating more gains, there is a risk of overbought conditions.
In the meantime, the expert has urged investors to be wary of those promoting the large inflows of the historical Spot Bitcoin Exchange-Traded Funds (ETFs) presently or Michael Saylor’s current comments about BTC, claiming everything was the same 8 to 10 months ago.
BTC In A Bearish Territory Amidst Extreme Greed
Despite the strong optimism around BTC, the crypto asset has fallen to the $69,000 threshold, showing signs of an extended decline. Given that this drop comes after a week of upward movement, it has sparked speculations about its short-term potential.
However, with the surge in trading volume in the past 24 hours by over 21%, there is the possibility of a brief price rebound as the bulls seem to be gradually regaining control of the market.
The decline has also led to a dip in Bitcoin’s dominance in the market, which has fallen to 58%, previously situated close to 60%. This slight decrease in market dominance during waning performances in BTC raises the potential of diversification towards altcoins.
Did Bitcoin Crash Right After Hitting Its All-Time High in 2020? 🚀
Here’s What Really Happened! 📉
The 2020 Bitcoin bull run was one for the books, with BTC reaching unprecedented highs and drawing in massive interest from investors worldwide. As institutional adoption surged and retail traders piled in, Bitcoin broke its previous record of $20,000 set in 2017. By early 2021, it skyrocketed to around $64,000, marking a historic peak.
However, what happened next shocked the market. Bitcoin didn’t hold this level for long; after reaching this ATH, a significant correction ensued. BTC’s value fell to nearly half of its high over a few months. This correction was driven by large-scale profit-taking, regulatory concerns, and the natural volatility that often follows strong price surges in crypto markets.
This cycle showed once again that Bitcoin’s journey to new heights is never a straight line—it’s a wild ride of booms and corrections. Curious about the next move? Stay tuned for more insights!
#BTCBreak71K #EmperorMajesty #USJobOpeningsDip #BTC1D #btc73k $BTC
Here’s What Really Happened! 📉
The 2020 Bitcoin bull run was one for the books, with BTC reaching unprecedented highs and drawing in massive interest from investors worldwide. As institutional adoption surged and retail traders piled in, Bitcoin broke its previous record of $20,000 set in 2017. By early 2021, it skyrocketed to around $64,000, marking a historic peak.
However, what happened next shocked the market. Bitcoin didn’t hold this level for long; after reaching this ATH, a significant correction ensued. BTC’s value fell to nearly half of its high over a few months. This correction was driven by large-scale profit-taking, regulatory concerns, and the natural volatility that often follows strong price surges in crypto markets.
This cycle showed once again that Bitcoin’s journey to new heights is never a straight line—it’s a wild ride of booms and corrections. Curious about the next move? Stay tuned for more insights!
#BTCBreak71K #EmperorMajesty #USJobOpeningsDip #BTC1D #btc73k $BTC
Bitcoin could have already reached ATH but people shows off extreme excitement at just 2% uptrend, am really tired of this village excitement on more especially "X".
#BTC☀
#btc70
#btc73k
#athbitcoin
#BTC☀
#btc70
#btc73k
#athbitcoin
Based on the BTC/USDT chart, the current price is at $67,904, close to the important resistance level of $73,777 in the descending price channel.
Potential scenarios:
1. Bullish: If BTC breaks the resistance of $73,777, the uptrend may continue with a target of $75,396 and further to $80,000.
2. Bearish: If the resistance is not broken, the price may return to the support of $63,522, further to $51,648.
3. Fluctuating within the channel: The price may continue to move within the range of $51,648 - $73,777 if there is no clear breakout.
Investors need to monitor the price action at these levels to make appropriate decisions. #BTC☀ #Bitcoin❗ #btc73k $BTC
Potential scenarios:
1. Bullish: If BTC breaks the resistance of $73,777, the uptrend may continue with a target of $75,396 and further to $80,000.
2. Bearish: If the resistance is not broken, the price may return to the support of $63,522, further to $51,648.
3. Fluctuating within the channel: The price may continue to move within the range of $51,648 - $73,777 if there is no clear breakout.
Investors need to monitor the price action at these levels to make appropriate decisions. #BTC☀ #Bitcoin❗ #btc73k $BTC
Bitcoin to $80,000 Scenario
1. Breaking the channel resistance:
• Currently, the price is hovering around $67,904, close to the upper resistance zone of the channel around $73,777. To reach $80,000, Bitcoin must break this important resistance zone with strong momentum. If the price breaks above $73,777, the downtrend will be broken and the bullish signal will be confirmed.
• Once BTC breaks the channel resistance, the next price zone to overcome will be at the psychological level of $75,396. After that, a strong rally could take the price towards $80,000.
2. Positive market sentiment and money flow:
• 24-hour trading volume of $1.92 billion shows that the market is still positive. If there is more inflow and investor excitement, BTC price can easily break through resistance levels.
• Additionally, positive news factors (such as wider Bitcoin adoption or favorable financial regulations) can be important factors for Bitcoin to break out.
3. Expectations after breaking above $80,000:
• If Bitcoin reaches $80,000, it will be a new record high and will cause a strong psychological wave. Investors may start to actively participate in the market, creating more momentum for the price to continue to rise higher.
• However, a rapid rise to $80,000 may also lead to a short-term correction as investors take profits before it can go further. #BTC☀ #btc #Bitcoin❗ $BTC
1. Breaking the channel resistance:
• Currently, the price is hovering around $67,904, close to the upper resistance zone of the channel around $73,777. To reach $80,000, Bitcoin must break this important resistance zone with strong momentum. If the price breaks above $73,777, the downtrend will be broken and the bullish signal will be confirmed.
• Once BTC breaks the channel resistance, the next price zone to overcome will be at the psychological level of $75,396. After that, a strong rally could take the price towards $80,000.
2. Positive market sentiment and money flow:
• 24-hour trading volume of $1.92 billion shows that the market is still positive. If there is more inflow and investor excitement, BTC price can easily break through resistance levels.
• Additionally, positive news factors (such as wider Bitcoin adoption or favorable financial regulations) can be important factors for Bitcoin to break out.
3. Expectations after breaking above $80,000:
• If Bitcoin reaches $80,000, it will be a new record high and will cause a strong psychological wave. Investors may start to actively participate in the market, creating more momentum for the price to continue to rise higher.
• However, a rapid rise to $80,000 may also lead to a short-term correction as investors take profits before it can go further. #BTC☀ #btc #Bitcoin❗ $BTC
guyes i need yòur fear opinion
tell me traders thet i will sell or hold#BTCReboundsAfterFOMC #BTC☀ #btc73k #BinanceLaunchpoolHMSTR #btcupdates2024 $BTC
tell me traders thet i will sell or hold#BTCReboundsAfterFOMC #BTC☀ #btc73k #BinanceLaunchpoolHMSTR #btcupdates2024 $BTC
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