$BTC $BTC #Bitcoin's Bull Run Continues! 🐂 It's up nearly 10% since the Morning Star pattern appeared. ⭐🚀 And there's more good news! A Bullish Engulfing pattern has shown up on the chart, suggesting the bull run might just be starting, with $BTC already rising 4% since the pattern appeared. 📈🚂 But keep in mind: Technical analysis isn't always reliable. Don't get caught up in the excitement. Always do your own research and trade carefully. ⚠️
$BTC $BTC $BTC Matrica Labs has launched a new feature called 'Flash' on Telegram, allowing users to showcase verified digital assets like NFTs and tokens from different blockchains. This will make it easier for people to talk about digital assets and cryptocurrency, while also boosting community engagement.
They've also introduced a Token Gating Bot, which helps manage group access based on the digital assets users own, currently supporting Bitcoin ($BTC ), Solana ($SOL), and Ethereum ($ETH). The bot will also notify users about NFT sales to keep them informed of market activities.
With over 950 million monthly active users, Telegram is a key platform for Web3 and crypto fans. Its focus on privacy, decentralization, and blockchain features like creating NFTs from images on the TON blockchain shows its commitment to supporting the growing crypto space.
$BTC $BTC $BTC The SEC has approved options trading for several Bitcoin ETFs, including BlackRock's iShares Bitcoin Trust. This important step will increase market liquidity, attract institutional investors, and improve risk management strategies. As Bitcoin becomes more a part of traditional finance, the potential for growth is huge.Let's welcome this new era of investment!
$BTC $BTC $BTC Bitcoin is now the leader of all cryptocurrencies, but 10 years ago, it seemed like a joke or a waste of time. Many people bought thousands of Bitcoin for just a few dollars, and some even lost them. But those who held onto their Bitcoin saw their lives change as the price skyrocketed in recent years.
$BTC $BTC $BTC Is Bitcoin Really Going to Drop? Here's Why I Think It's About to Take Off
There’s been a lot of talk lately about a possible crash for Bitcoin, with many warnings about a "big drop." But I believe these predictions are wrong. In fact, I think Bitcoin is about to rise to new heights. Here’s why:
1. Bitcoin Is Breaking Key Levels Bitcoin has already passed $65,000, a key resistance level, which is a good sign. The next big resistance is at $70,000, and I believe Bitcoin will break through this soon. Once it does, we could see its price jump even higher. Many think Bitcoin will fall because it’s struggling to break $70,000, but they’re missing the bigger picture. Bitcoin often faces resistance before reaching new highs, and breaking this level could start a new upward trend.
2. The 60% Acquisition Rule Some are worried about institutions buying up Bitcoin, but this isn’t a bad thing. When institutions hold 60% of Bitcoin, it often signals that altcoins (other cryptocurrencies) will start to rise too. This doesn’t mean Bitcoin will fall—it means growth is coming for other coins as well. The market has held strong around $60,000. While $70,000 is a tough barrier, once Bitcoin passes it, we could see a big price surge.
3. Economic Factors Are Helping Bitcoin The economy impacts Bitcoin, but not in the way some bears (negative investors) think. Rate cuts by the Federal Reserve and economic stimulus from places like China actually help Bitcoin. In 2021, similar conditions led to a massive bull run. So instead of hurting Bitcoin, I believe these factors will drive it higher.
4. Corrections Are Normal Small drops in Bitcoin’s price are normal and part of its natural cycle. These corrections get rid of over-leveraged traders and set the stage for the next rise. While the $69,000-$70,000 range is a tough resistance zone, any correction will likely be brief before the next big move up.
5. October and November Are Usually Bullish Historically, Bitcoin tends to perform well in October and November.
$BTC $BTC on Fire: Is $70K Next? Here’s What You Need to Know
Bitcoin is currently at $68,246, very close to the $69,000 resistance. With the market staying bullish thanks to big investments in Spot Bitcoin ETFs and growing interest from Wall Street, the big question is: Will $BTC break $70K, or is a pullback coming?
> For Holders: When to Take Profits
$69,000 - $70,000: This is a major resistance area. Bitcoin has strong momentum, but it’s smart to take some profits here in case it struggles to break $70K. You can then buy back in at a lower price. This helps secure gains while staying in the long-term upward trend.
> For New Investors: Best Buying Zones
$65,000 - $66,000: If there’s a pullback, this is a good place to buy in. Buyers have shown strong interest here, making it a relatively safe entry point.
$62,000 - $63,000: If Bitcoin drops more, this is a stronger support level, great for long-term investors to add more to their holdings.
> > Why Now? With more than $2 billion flowing into Bitcoin ETFs each week and Wall Street showing increased interest, Bitcoin’s upward trend looks solid. However, a small pullback could offer better buying opportunities. Watch for volume spikes and how Bitcoin moves near the $69,000 level.
> > > Final Thoughts
Holders: Think about taking some profits around $69K.
New Buyers: Wait for a dip to $65K-$66K or lower if you’re patient. The road to $70K and beyond may not be smooth, but things look promising! Stay alert and happy trading! 🚀
$BTC $BTC $BTC 🚨 Market Update 👀 Bitcoin hit $69k yesterday, which we expected for a while. No surprise there's resistance here, especially with the all-time high from 2021 just above this level. If trading volume stays low over the weekend, it's unlikely we'll see a break above $69k today.
There’s support between $67.9k and $67.7k on the 4-hour chart, so I'll be watching to see if this holds through the weekend. If Bitcoin retests a lower level, I'm aiming for $68.8k.
$BTC $BTC $BTC Brothers, Bitcoin just broke through $68,800! We've been waiting three months for this weekly breakout. But let's be real—the big money in a bull market comes from the narratives and sector-level opportunities.
Every bull run has a driving force, and the best ones make people dream about the future until FOMO (fear of missing out) kicks in hard. In the past, crypto had these big narratives:
DeFi and GameFi? People thought they were the next $10 trillion market.
NFTs? Even when things slowed down, everyone believed NFTs were the future.
Bitcoin inscriptions? There was hope that old Bitcoin whales would pour money in.
These stories keep the market going because they can't easily be proven wrong. In a bull market, everyone chases dreams until reality catches up.
Now, meme coins are leading the way, but they come in three types:
IP-based memes: Each has its own game, no synergy.
Event-based memes: They have limits and deadlines.
AI-based memes: The latest trend, with $Goat leading the charge.
Will AI money flow in from Wall Street? If the AI sector takes off, smaller projects will rush in, fighting for a share. But this time, attention is scattered. This market is for short-term traders—it's about quick moves, not long-term holding.
This bull run isn't for holding onto investments; it's for sharp plays and fast decisions. Stay sharp, brothers—the game is on!
$BTC $BTC $BTC Bitcoin Dominance ✨ When's Alt Season?
To be honest, alt season started back in October 2023, when the crypto market hit bottom and everything surged from its lows. But a real alt season usually kicks off when Bitcoin dominance peaks.
In every previous bull run, Bitcoin dominance played a big role in triggering altcoin season. This time is no different—it's affecting how well alts perform.
Right now, Bitcoin is almost topping out at $69k, while Ethereum and other altcoins are struggling to gain momentum. Bitcoin dominance is approaching its main resistance, and when it tops out, it could finally trigger the alt season. Hopefully, we'll see some strong gainers soon.
$BTC $BTC $BTC In the last bull market, Bitcoin dropped from $68k to $30k before the real rally began, and then it surged back to $69k. I think we might see something similar now, with a potential fall to $42k or even $38k before the next bull run. After that, Bitcoin could rise to around $80k before entering a bear market.
Bitcoin often moves in unexpected ways, which is why many investors lose money or get stuck holding for years. Only the whales tend to profit. Just my prediction—this isn’t financial advice. Always do your own research before investing.
$BTC $BTC $BTC I'm watching Bitcoin closely, and while longer time frames look bullish, the 1-hour chart shows signs of weakness. The price has formed a "shoulder" pattern similar to what we saw three weeks ago, when a bearish head and shoulders (H&S) pattern started. The candle structure looks like past patterns, and although the RSI isn’t showing overbought levels, the MACD has turned bearish.
The key level to watch is $69,677. If Bitcoin breaks this, it could start a new bull run. For now, it’s important to manage risk and wait for a clear opportunity.
The key demand zone is around $68,939. If Bitcoin breaks past this level, the next zone will be around $73,512. If it moves beyond that, there’s no stopping it! I expect a small pullback before it moves towards the mentioned zones.
Also, Bitcoin is showing a flag pattern with a positive outlook.
$BTC $BTC $BTC 🚨 Bitcoin Analysis: Wyckoff Distribution Pattern on 1-Hour Chart
📊 After analyzing Bitcoin ($BTC ) on the daily chart and reviewing the technical data (see previous analysis), I decided to take a closer look at the hourly chart for a better understanding of short-term market movements.
🔍 In this analysis, I’ve identified a clear Wyckoff Distribution pattern forming. This pattern is often seen in the final stages of an uptrend before a major reversal. Previous analysis suggested a potential correction, and this pattern confirms those expectations.
Key Phases:
🔸 Theory: According to the Wyckoff Distribution, we are now in Phase B, the stage before Phase C, where the price is tested. At this point, there is a balance between supply and demand, and the market is waiting for a big move.
🔹 Phase A: This was the "shakeout" phase, where the market liquidated positions and attracted liquidity.
🔹 Phase B: We’re currently seeing a tug-of-war between buyers and sellers between the $67,000 and $68,800 levels, which suggests a distribution among traders.
🔹 Phase C: We expect to enter this phase soon. During this phase, we might see a false rise known as UTAD (Upthrust After Distribution), where the price spikes up before reversing.
What to Expect:
If Bitcoin fails to break above $68,800 with a strong candle on the hourly chart, we may see a reversal, leading to a drop to $65,000 and then possibly $62,000, as noted in previous analysis.
⚙️ Key Insight: If this scenario plays out, the market will enter the LPSY (Last Point of Supply) phase, the final stage before a significant decline.
📌 Conclusion: Keep a close watch on the $68,800 level to determine the next trend. Set stop-loss orders and be prepared to act accordingly.
💡 Stay tuned for more analysis as we cover future market moves based on Wyckoff patterns and recent developments.
$BTC #bitcoin #bitcionmybestcoin Top 100 Cryptocurrencies: A Comprehensive Overview Introduction The cryptocurrency market has witnessed phenomenal growth in recent years, with a plethora of digital assets vying for attention. To navigate this dynamic landscape, it's essential to familiarize oneself with the top 100 cryptocurrencies. This article provides a concise overview of the leading players, highlighting their key features and potential applications. The Top 10 Cryptocurrencies * Bitcoi
I’ve stayed quiet for a while, not because I had nothing to say, but because I’ve been repeating myself. The Fear and Greed Index is back up to 73, showing that greed is in the market. BTC is just above $68k, and excitement is building, but something feels off. As of now, BTC is at $67,827.
I’ve mentioned before that the $68k to $72k range is a supply zone, meaning investors are selling at these prices. Based on the current market cycle, BTC is likely to reach $70k, but expect a drop after that. One reason for this is that short liquidations are likely around the $70k level.
To sum up, BTC won’t take off until it breaks past $72k. Once that happens, we could see it reach $74k, then $77k. As for the ultimate target, I believe BTC could reach just over $120k. Some predict higher, but $120k seems more realistic. While it’s exciting, we’ll have to wait and see.
Bitcoin has now formed a bearish flag. If the lower trendline breaks, we could see the price drop to $60k soon. However, if it holds steady near the upper resistance, it may touch the white box before heading down. Stay tuned for the next update. Thank you.
$BTC $BTC $BTC For the past three days, BTC has been testing the $68,450 resistance level and getting pushed back each time. So far, it has tried to break through four times. From the market sentiment, future expectations, and trading by large players, it's clear that buying pressure has increased from the bottom. At this point, a breakout seems likely, but it’s taken a lot of effort to push the price nearly $10,000 higher, starting from the low of $58,900.
Over the past couple of days, big traders have allowed retail investors to buy around $66,000 through sideways trading. These major players are going with the trend, boosted by expectations that Trump may win the election, the U.S. economy is strong, the Nasdaq is rising, and the European Central Bank has cut interest rates by 25 basis points. As global money flows into risky investments, crypto could benefit. While liquidity in the market is lacking, there is still smart money watching for opportunities. I said two days ago that the price could rise next week, and I’m now eyeing the $72,000 level. If the pattern holds, we could go even higher, but for risk control, I’ll consider reducing my position or exiting around then—or even opening a short position.
Trading crypto is a battle between retail traders and big players, but also with yourself. If you feel it’s time to take profits around $68,000, that’s fine, as long as it aligns with your strategy and expectations. There are no guarantees in crypto. Personally, I’ve moved my stop-loss to $65,900 to lock in profits.
The more critical the market gets, the more it tests your emotions. My belief is that this current run isn’t over yet. I’ll wait patiently, and when we hit $70,000, I’ll take profits gradually. The same goes for altcoins—don’t expect to get rich overnight in crypto. If I could get rich that easily, my ancestors must be sending me luck!
Looking at Bitcoin’s (BTC) recent price moves and its support-resistance levels, here are a few things to keep in mind. If you’ve noticed that BTC tends to stay below a resistance level and then drop sharply, this could mean we’re seeing price consolidation or a false breakout. Let’s break down what might happen and what to watch for:
1. Key Support and Resistance Levels
Support: $67,000 – As long as BTC holds above this, it shows buyers are still active and supporting the price.
Resistance: $68,400 – BTC’s failure to break above this level suggests selling pressure or profit-taking.
2. What Happens After Consolidation?
When BTC’s price moves between support and resistance, two things could happen:
Breakdown (Drop): If the price falls below $67,000, we might see a quick sell-off as traders close long positions.
Breakout: If BTC rises above $68,400, it could kick off another rally to higher levels.
3. Is a Drop Likely This Time?
Volume and Open Interest: If trading volume goes down but open interest in futures contracts rises, the market might be over-leveraged, which makes a drop more likely.
RSI and MACD Indicators: If the Relative Strength Index (RSI) is above 70 (overbought), a price correction could happen. A bearish crossover on the MACD could also signal downward momentum.
Market Sentiment: Bitcoin’s price is very sensitive to news. Negative events, like regulatory updates, could trigger a sell-off.
4. What’s Different This Time?
If BTC struggles below $68,400 for a few more days with low trading volume, the chances of a price drop increase. But, if the price breaks through resistance with strong volume, BTC could gain momentum and keep climbing.
Conclusion
Keep an eye on these important levels:
Support at $67,000: If BTC falls below this, a drop is likely.
Resistance at $68,400: If BTC breaks above, a rally could begin.