cryptoswingx

🚀 Bitcoin’s Next Big Leap? $96K or $144K?

According to a new TradingView analysis, the Mayer Multiple indicator—a historical tool comparing BTC’s price to its 200-day moving average—suggests we may be heading toward either $96,000 or $144,000 in the next macro cycle peak. 📈

Historically, BTC tops out when this ratio hits 2.4+. Current market structure hints we could be mid-cycle, not near the top. So HODLers might want to stay sharp. 🧠

#bitcoin #CryptoSwingX #BTC #BullRun2025 #ScalpingStrategy

📉 SPK/USDT Technical Breakdown – 4H Chart Analysis
🚨 Signal: SHORT / BEARISH CONTINUATION
🗓️ 17 June 2025 | Binance Write & Earn

SPK made a wild move earlier, spiking from 0.01 to 0.069 USDT, but the pump quickly faded. Now trading at 0.043, it has formed a bearish flag pattern.

🔍 Key Indicators:
• 📉 Price is trending below MA(7), showing sustained selling pressure.
• 📊 RSI(6) = 13.7 and RSI(12) = 17.5 — extremely oversold, but no bounce signs yet.
• 🔻 MACD momentum is weak and declining.
• 📉 Volume is drying up post-pump, showing buyer exhaustion.

📌 Conclusion:
This is a textbook “pump-and-dump” setup. With no support rebound yet and extreme RSI, a short position remains valid, but tight SL is recommended due to volatility. Watch for reversal if volume spikes again.

🎯 Strategy:
• Entry: 0.045–0.046
• Target: 0.038 / 0.032
• SL: 0.048

#CryptoSwingX
#SPKUSDT