$ZEC is showing bearish pressure 📉 3 consecutive red candles after rejection from the upper channel. Price is now testing the lower channel support. A daily break below the channel could confirm further downside. #zec #ZECUSDT #TechnicalAnalysiss #BinanceSquareCreatorA
$ID is on discount just buy it for long term. last time it hit 0.0441 just a few weeks ago from the price 0.0280 now it is on this price again, a good time to buy for spot trading.
We're currently seeing the bounce I was talking about in some of my previous posts. Price is up roughly 5.5% since the sweep of the $60k low and now approaching the key breakdown zone between $64k-$66k. This is where I will be watching closely for a reaction. If we see signs of weakness trading into that resistance area, I will most likely look for a short with the recent low at $59k as my target. If BTC manages to reclaim this zone, however, it would mean re-entering the previous range. In that case, a move towards the quarterly open at $68k becomes increasingly likely, which also lines up well with the 0.5 Fib level of the recent down move. Beyond that, I would expect some more choppy sideways price action before BTC eventually decides on its next major move. #cryptoupdates
*BREAKING* 🚨 🇺🇸 Trump says Netanyahu has no choice but to accept a U.S.-Iran deal "I call the shots I call all the shots He doesn't call the shots" 📈 Meanwhile, both crypto and oil are pumping on the headlines
Bitcoin has never formed a major bear market bottom above the Long-Term Holder Realized Price.
Throughout Bitcoin's history, every major bear market bottom has formed below this level.
Today, the Long-Term Holder Realized Price sits around the $50k region, while BTC continues to trade well above it.
Does this mean price has to revisit that level? Not necessarily.
However, it does make the current correction particularly interesting, as we're approaching a level that has historically played an important role during previous cycle bottoms. #bitcoin #updates