On May 10th, I mentioned that Bitcoin had likely peaked,

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On May 10th, I mentioned that Bitcoin had likely peaked, with support around 50k. Back then, it was at 82k and today it's sitting at 66k.

Some are asking why I haven't updated the posts lately? Just riding the deep bear market as expected. What is there to update? Making profits off-exchange by buying spot, bro. Do you really think I’m just flipping positions on the 15-minute chart to scam you out of your membership fees?

一凡Bit

Bitcoin has likely peaked, looking at 50k below! #BTC
#ETH
If the top consolidation zone is around 0.618-0.666, and we can't get above 81,500-81,600 on the charts, or if we see a false breakout at the previous high of 82,800, then it’s highly probable we’ve hit the top. Breaking below the minor trendline would present a solid short opportunity.

In Chart 2, if we break below the major consolidation zone top at 79,500 and the major trendline, it officially signals the end of this rebound. We might see a classic scenario of a month-long downtrend again, with a potential crash to 30k! The target is aimed below 60k, currently expected to be around 50k.

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

BTC+2.08%

ETH+1.42%