Bitcoin Meraklısı

$BTC.D
Since November, when we examine the movement in #bitcoin dominance, there is a rising wedge pattern.

On the $BTC side, we are observing price movements fluctuating between the support at 78-80K and the resistance at 84K.

If $BTC can bounce off the support once again and break the dominance wedge downwards, we might experience a rising period similar to November's in the lower levels.

Although the declines in the past few months have drained everyone's hope despite all the positive news, we know that no rise lasts forever, just as we are well aware that no decline continues indefinitely.

As I said, if it can break the dominance wedge downwards, it will provide some relief to the lower levels.
After that, the situation of btc and especially #ETH will provide clearer information on the direction of the market.

Continue to follow patiently.

#bitcoin
Current overview.

Friends, as I shared yesterday, today it made a slight touch to the 84K resistance and there were reaction sales.
It is currently experiencing a small correction.
If it gathers strength and attempts again, the likelihood of a breakout to the upside is high.

Currently, what needs to be monitored is,
🔴Support at 78-80K
🟢Resistance is at the 84K level.

With a breakout of resistance, it will initially target the 92K level and subsequently the upper levels indicated on the chart.

Actually, it’s the perfect time for a news that will invigorate the market. Because all the technical groundwork is ready for this.

Continue to follow patiently.

#bitcoin
Current view.

1️⃣
In the first image, although a small wick has been formed below the 78-80K support level that I have been sharing for a long time, it continues to hold above the support.
As I have said many times before, as long as it holds above this support, there is hope.
Moreover, as long as it holds above this support, it will first target the 84K resistance and then the upper levels I indicated on the chart.

2️⃣
In the second, or middle image,
When we look at the weekly chart, it seems to have reacted after retesting the cup-handle formation that broke its resistance in November.
If the retest is confirmed, meaning it manages to hold above the resistance, and if the resistance becomes support, it will be the beginning of the big rise we have been waiting for over 4 years, aiming for 250K and above. Of course, what’s even more important is that this rise will no longer be just a BTC rise, but it will happen alongside altcoins.

3️⃣
In the third, or bottom image,
With the drop experienced yesterday and today, the GAP left in November has been closed.
This was an important detail for the rise to progress healthily, and it has been resolved.

In summary, especially after a painful process of 3-4 months, I hope this drop will be the last drop and that beautiful days will begin.

Those who have managed to stay afloat without wasting their money so far in futures are close to reaping the rewards of their struggles.

Now, the altcoins have dropped so much that there will be those who say that even if they make 3-5x from here, it just breaks even with our costs. Friends, do not worry, once that anticipated rise starts, these rates we mention will come in a few weeks, rest assured.

We’ve swum, we’ve swum, and we’ve reached the tail end.
Let’s continue to follow without ever losing our faith in beautiful days.

I am keeping the comments closed for a while; I expect support in the form of likes from all friends who value and find my shares useful.

You are loved.

#bitcoin
With the retest of the formation resistance, it also made a millimetric touch to the upward trend that has been experienced since the 15K bottom level seen in 2023.

Since both the upward trend and the formation resistance are at the same level, this level will truly be a strong support area, and as long as it holds above this support zone, we will continue to expect a significant upward movement.

However, if the support breaks and a decline begins, the same impact could also come downward. But since there hasn't been a bull run below, I see this possibility as weaker.

Recently, there has been a lot of manipulation, making it difficult to comment on what the process will bring.

Let's see what time will show.
We'll follow and see.

#bitcoin
In the current situation, it has dropped to levels of 76.5K, making a retest of the cup-handle formation resistance it broke upwards in November.
The first reaction came with the touch of resistance.
If this resistance can act as support, meaning it can receive a retest confirmation, it will mark the beginning of a very strong upward trend.

For those tracking in the short term, the levels to be monitored are,
🔴76K support level
🟢78-80K range is currently the first resistance that needs to be overcome

👉Subsequently, in order
📌84K intermediate resistance
📌92K main resistance

📌95K and 99.5K intermediate resistance
📌106K main resistance can be monitored.

#bitcoin
In the current situation, it has tested the resistance of the cup-handle formation it broke upwards in November by dropping to the level of 76.5K.
The first reaction came with the touch to the resistance.
If this resistance can act as support, meaning it can receive a retest confirmation, it will mark the beginning of a very strong upward trend.

I had mentioned my long-term target of 250K when it dropped to the level of $BTC 15K, and I believe that the target level of 340K, which is part of this formation, could be the maximum level it can reach.

For those following in the short term, the levels to be monitored are:
🔴76K support level
🟢78-80K range is currently the first resistance to be overcome

👉After that, in order:
📌84K interim resistance
📌92K main resistance

📌95K and 99.5K interim resistance
📌106K main resistance can be monitored.

Good morning friends🙋‍♂️

#bitcoin
In the current situation, it has fallen to the 76.5K levels, making a retest of the bowl-handle formation resistance it broke upwards in November.
The first reaction came with the touch of resistance.
If this resistance can serve as support, meaning it can get a retest confirmation, it will mark the beginning of a very strong upward period.

I had mentioned my long-term target of 250K when it dropped to the 15K levels at $BTC , and I believe the 340K level, which is the target of this formation, could be the maximum level it can reach.

For those following in the short term, the levels to be monitored are,
🔴76K support level
🟢78-80K range is currently the first resistance to be overcome.

👉After that, in order,
📌84K interim resistance
📌92K main resistance

📌95K and 99.5K interim resistance
📌106K main resistance can be monitored.

Good morning friends🙋‍♂️

#bitcoin
Currently, it has retraced to the 76.5K levels, retesting the cup-handle formation resistance it broke upwards in November.
The first reaction came with the touch of the resistance.
If this resistance can act as support, meaning if it can get a retest confirmation, it will mark the beginning of a very strong upward trend.

I mentioned my long-term target of 250K when it dropped to the 15K levels at $BTC , and I think the target of 340K, which is the maximum level it could reach, will also be achievable.

For those following in the short term, the levels to be monitored are:
🔴76K support level
🟢78-80K range is the first resistance to be exceeded for now

👉After that, in order:
📌84K interim resistance
📌92K main resistance

📌95K and 99.5K interim resistance
📌106K main resistance can be monitored.

Good morning friends🙋‍♂️

#bitcoin
In the current situation, it has dropped to the 76.5K levels, performing a retest of the cup-handle formation resistance that it broke upwards in November.
The first reaction came with the touch of the resistance.
If this resistance can serve as support, that is, if it can get a retest confirmation, it will mark the beginning of a very sharp upward movement.

I mentioned my long-term target of 250K when it dropped to the 15K levels at $BTC , and I believe that the 340K level, which is the target of this formation, could also be the maximum level it can reach.

For those following in the short term, the levels to be monitored are:
🔴76K support level
🟢78-80K range is currently the first resistance to be surpassed

👉Then in order:
📌84K intermediate resistance
📌92K main resistance

📌95K and 99.5K intermediate resistance
📌106K main resistance can be followed.

#NEIRO
Current view.

Friends reacted after dropping to a strong support level.
As long as this support is maintained, a continuation of the rise can be expected.
And if the rise continues, it will first target the declining trend and then the upper levels I indicated on the chart.
It should be on the watchlist.

#ETH 🦈
Current view.

The SHARK formation continues to progress as I expected.
If the rise continues, the first resistance level will be 2.5K and the final target will be 3K.

Keep watching.

#bitcoin
Current view.

👉Friends, it seems like a butterfly formation is forming clearly on the 4-hour chart.
The D leg target of this formation is 106K, and as mentioned in the comments, yes, this is a bear butterfly, meaning it will rise to the 106K level and then show a decline. But what is important for us right now is reaching the 106K level.
Already, the formation targets, after reaching the 106K level, will be 99.5K and lower at 95.5K, as these levels will be the correction of the rise from 78K.
Although I know that the purpose of the comment was different, it doesn't matter.
Anyway, as I said, what is important for us is the possibility of seeing the 106K levels for now.

✖️Additionally, if the price drops to the 80K support, the formation will be canceled. I should mention that too. Because if the price drops from here to 60-70, then someone might say, 'you were talking about a butterfly, what happened.' (Many have said this until today🤬)

👉Putting the formation aside and looking at our daily chart,

🟢Our support at 84K continues to hold. As long as it holds above this support, the initial target will be the 92K levels, followed by the sequential targets of 95K and 99.5K.

🔴In the case of breaking below the 84K support, the level we will continue to follow as support will be 78-80K.

I may have gone on a bit too long; I hope I haven't confused you too much.

#ETH 🦈
(SHARK PATTERN)

If $BTC progresses towards the target level of 106K, which is the Butterfly formation, there is a possibility of the harmonic Shark formation forming within #Ethereum with a target of 3K.

Well, we will see.
At least have a target in hand for potential rises.

#bitcoin 🦋
Friends seem to be creating a beautiful harmonic butterfly formation, and the target for leg D is the level of 106K that we have been waiting for a long time.

Let's see, I hope this time the direction is up to the 106K level.

#LAYER
One of the best altcoins that has emerged recently is $LAYER

1.10$ critical resistance.
By breaking this resistance, it will create a clear cup-handle formation, especially visible on the 12-hour chart and in lower time frames.

The completion of the formation, that is, the breakout of the 1.10$ resistance, will target the upper levels I indicated on the chart.

It should be added to the watchlist right away.

#HIPPO
Current view.

Friends still haven't managed to hold above the trend.
But there is no room left for movement within the triangle.
If BTC allows, it will be one of the first and most aggressive responders.

Continue to follow.

#ACT
Current view.

After capturing with a trend breakout and achieving a profit of around 30%, it made a nice retest after breaking the trend during the correction.
So far, the trend has served as a very good support.

In other words, there is no issue with the chart, our targets remain valid.

Continue to monitor.

#bitcoin
Current view.

Friends, the retest I mentioned this morning is currently happening.
If it can get the retest confirmation, meaning if the 92K resistance can act as support, it will continue its rise from where it left off.
"My expectation is that the 92K support will hold and it will continue to rise."
But of course, it is necessary to act with definite data, not expectations, so it is beneficial not to act hastily.

By the way, in my morning post, I said there could be a drop to the level of 91.250$ , and currently, it has touched the level of 91.142$ and a reaction came.
For this, I would appreciate a like.

It is important for you to carefully follow my posts for this reason.

Good morning friends 🙋‍♂️

#bitcoin
Let's start the day with the current outlook.

Yesterday, it managed to close above the 92K resistance zone.✔️
In fact, the close was exactly at the level of 94.270$ .

Today, it will test this resistance it broke. If the resistance acts as support, meaning if it gets a retest confirmation, our intermediate resistances will be 95K and 97.2K, with 99.5K being our main target.

In the meantime, the 92K support zone is not a level but a region, as I've mentioned before.
This means that dips down to the level of 91.250$ can be considered normal.

#ETH
Both #USDT and #BTC pairs continue to be priced at strong support levels.
As I have said many times before, as long as these supports are maintained, there is hope.
In the $btc pair, support levels dating back to 2017
in the $usdt pair, support levels dating back to 2021, which initiated bull seasons during these periods.

Let's hope that this support also initiates this bull and that it receives confirmation from support with the close of this week and begins its rise.