Crypto_ King_ Analysis expert
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ok let's go š„¹
EyeOnChain
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Bearish
#BTC Update:
The recent movement in Bitcoin has seen a climb to around $42,000, surpassing the expected $41,500. However, caution is advised as the price is already showing signs of rejection at $42,000. The closing of today is crucial for the development of the next week's market dynamics. Bulls need to keep the price above $40,800 to avoid a potential drop back to $39,500.
With approximately 1 day and 11 hours left until the weekly close, staying above $41,750 is vital. Additionally, looking at the monthly chart, there are 4 days and 11 hours left until the monthly close, and the price is currently below $42,200. Bulls should aim to push the price above this level to avoid potential downward pressure starting February.
Upcoming reports from the Securities and Exchange Commission (#SEC ) in the next week could impact Bitcoin prices directly, adding to the importance of the end-of-month developments. While the climb up to this point aligns with expectations, weekend trading may result in lateralization within the current range.
It's noted that any further upward movement may be aimed at liquidity-seeking, especially given the accumulation of large sell orders above $43,000. Traders are advised to exercise patience and wait for clear setups before entering new positions.
As always, the cryptocurrency market can be dynamic, and it's important to stay informed and adapt to changing conditions.
$BTC
Disclaimer: This stellar analysis comes straight from the insightful UALIFI, a beacon of wisdom in the crypto realm. Shared with permission within the Binance community, it's important to remember that this analysis is for educational purposes only. DYOR (Do Your Own Research) and remember, this isn't financial adviceājust a thrilling ride in the crypto world! š
ā¤ļø A small LIKE & FOLLOW ā¤ļø Motivates us a LOT ā¤ļø
The recent movement in Bitcoin has seen a climb to around $42,000, surpassing the expected $41,500. However, caution is advised as the price is already showing signs of rejection at $42,000. The closing of today is crucial for the development of the next week's market dynamics. Bulls need to keep the price above $40,800 to avoid a potential drop back to $39,500.
With approximately 1 day and 11 hours left until the weekly close, staying above $41,750 is vital. Additionally, looking at the monthly chart, there are 4 days and 11 hours left until the monthly close, and the price is currently below $42,200. Bulls should aim to push the price above this level to avoid potential downward pressure starting February.
Upcoming reports from the Securities and Exchange Commission (#SEC ) in the next week could impact Bitcoin prices directly, adding to the importance of the end-of-month developments. While the climb up to this point aligns with expectations, weekend trading may result in lateralization within the current range.
It's noted that any further upward movement may be aimed at liquidity-seeking, especially given the accumulation of large sell orders above $43,000. Traders are advised to exercise patience and wait for clear setups before entering new positions.
As always, the cryptocurrency market can be dynamic, and it's important to stay informed and adapt to changing conditions.
$BTC
Disclaimer: This stellar analysis comes straight from the insightful UALIFI, a beacon of wisdom in the crypto realm. Shared with permission within the Binance community, it's important to remember that this analysis is for educational purposes only. DYOR (Do Your Own Research) and remember, this isn't financial adviceājust a thrilling ride in the crypto world! š
ā¤ļø A small LIKE & FOLLOW ā¤ļø Motivates us a LOT ā¤ļø
btc#
ZeusInCrypto
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Bullish
ā”ļø Market Remains Bullish ā”ļø
Almost two weeks of dump and newbies following tons of baby influencers shifted sentiments towards bearish market,
We are bullish because of various reasons and they still stood same, we are yet to witness alot of wild stuff ahead, This one was just a trailer.
Previously #BTC got rejected from $48,000 area many times, so expect the same, we probably see $35,000 again if it get rejected from $48k-$60,000 area. Everything is available on bitcoin charts, you can see for yourself.
Market will keep repeating this, choice is yours either you stick to a one position and play like a boss or you change your narrative every morning and end up losing both ways,
There is alot more to come in next few days, so i suggest that hold on your positions,
We are here for longterm and whatever i share i keep bigger picture in mind,
You may be get impatient on temporary pump or dumps, not me, Letās play wise together.
#DYORš¢. #CryptoEducation #ZeusInCrypto
Almost two weeks of dump and newbies following tons of baby influencers shifted sentiments towards bearish market,
We are bullish because of various reasons and they still stood same, we are yet to witness alot of wild stuff ahead, This one was just a trailer.
Previously #BTC got rejected from $48,000 area many times, so expect the same, we probably see $35,000 again if it get rejected from $48k-$60,000 area. Everything is available on bitcoin charts, you can see for yourself.
Market will keep repeating this, choice is yours either you stick to a one position and play like a boss or you change your narrative every morning and end up losing both ways,
There is alot more to come in next few days, so i suggest that hold on your positions,
We are here for longterm and whatever i share i keep bigger picture in mind,
You may be get impatient on temporary pump or dumps, not me, Letās play wise together.
#DYORš¢. #CryptoEducation #ZeusInCrypto
right now
āļøāļøšš Everything in market is not because of news ššāļøāļø
#BTC
Yes you heard it right
if you will listen to youtube channels they will always say Bitcoin is going down because of this news that news
šššš
No
a big no
ššš
market pays more attention to support and resistance
but youtubers always say its the news which is the root cause of market crash
whenever something goes up then after some time professionals have to take some profit because if they wont take profits their stop loss or trailing stop will be very far away
so they have to take some profits
that causes the price to go down a little bit
right now Bitcoin tried to test the breakout point but bulls bought strongly thats a sign of strong bulls
whenever that happens just take the Fibonacci and drag it to the bottom of trend and you will get your minimum target
support and resistance are more important than news
in very few cases news is the only reason but that happens very rare most of the time support and resistance is the main reason
breakout point is always always a magnet that pulls the price towards it
aggressive bulls will buy here taking a chance that it will test the prior high
they have excellent risk to reward
šš
but excellent risk to reward always comes with low probability
value traders will wait for a bull follow through bar
and then they will buy
i will also wait for a bull follow through bar before buying more
like to see more posts like this$BTC $ETH
#BTC
Yes you heard it right
if you will listen to youtube channels they will always say Bitcoin is going down because of this news that news
šššš
No
a big no
ššš
market pays more attention to support and resistance
but youtubers always say its the news which is the root cause of market crash
whenever something goes up then after some time professionals have to take some profit because if they wont take profits their stop loss or trailing stop will be very far away
so they have to take some profits
that causes the price to go down a little bit
right now Bitcoin tried to test the breakout point but bulls bought strongly thats a sign of strong bulls
whenever that happens just take the Fibonacci and drag it to the bottom of trend and you will get your minimum target
support and resistance are more important than news
in very few cases news is the only reason but that happens very rare most of the time support and resistance is the main reason
breakout point is always always a magnet that pulls the price towards it
aggressive bulls will buy here taking a chance that it will test the prior high
they have excellent risk to reward
šš
but excellent risk to reward always comes with low probability
value traders will wait for a bull follow through bar
and then they will buy
i will also wait for a bull follow through bar before buying more
like to see more posts like this$BTC $ETH
I will give $500 USDT / Bitcoin to 5 people in next 72hrs to buy the dip.
Just like, Comment, share and make sure you are following me#BTC .
Just like, Comment, share and make sure you are following me#BTC .
Several established financial institutions, including Fidelity and BlackRock, have coalesced around bitcoin because it is the worldās first and largest cryptocurrency. But bitcoin remains an enigma to most everyday investors, and itās hard to separate the buzz from any true potential. Itās also wildly volatile.
done ā
I will give $1,000 USDT / Bitcoin to
5 people in next 72hrs to buy the dip.
Just like, Comment and make sure you are
following me.š¤š¤ā
5 people in next 72hrs to buy the dip.
Just like, Comment and make sure you are
following me.š¤š¤ā
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