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#Bitcoin Price Analysis: Is a Major #Liquidation Event Looming?
Bitcoin is at a critical juncture, with market signals suggesting a potential liquidation event that could send shockwaves through the crypto space. In this in-depth analysis, we’ll break down the technical indicators across multiple time frames—weekly, daily, four-hour, and one-hour—to uncover the most likely direction for Bitcoin’s price and what traders should watch for in the coming weeks. Whether you’re a seasoned investor or new to crypto, this guide will equip you with actionable insights to navigate the volatile market.
Understanding Bitcoin’s Current Market Position
Bitcoin has repeatedly tested the $121,000 resistance level, a psychological and technical barrier that has proven formidable. On the weekly time frame, the price action reveals two failed attempts to break above this level, each marked by a shooting star candlestick pattern—a classic reversal signal often seen at market tops after prolonged bullish momentum. These patterns, observed in recent weeks, align with historical price action from September 2024, when Bitcoin began its fifth wave in a broader bullish trend.
The #shooting star patterns were followed by bearish engulfing candles, where the entire body of the prior candle was overtaken by a strong bearish move. This confirmation has historically preceded significant downturns, as seen in a 30% drop to $77,000 earlier this year. Traders who capitalized on that move locked in substantial profits, and similar signals are now emerging, hinting at another potential decline.
Weekly Time Frame: #Bearish #Signals Intensify...
read more 24crypto .news
Bitcoin is at a critical juncture, with market signals suggesting a potential liquidation event that could send shockwaves through the crypto space. In this in-depth analysis, we’ll break down the technical indicators across multiple time frames—weekly, daily, four-hour, and one-hour—to uncover the most likely direction for Bitcoin’s price and what traders should watch for in the coming weeks. Whether you’re a seasoned investor or new to crypto, this guide will equip you with actionable insights to navigate the volatile market.
Understanding Bitcoin’s Current Market Position
Bitcoin has repeatedly tested the $121,000 resistance level, a psychological and technical barrier that has proven formidable. On the weekly time frame, the price action reveals two failed attempts to break above this level, each marked by a shooting star candlestick pattern—a classic reversal signal often seen at market tops after prolonged bullish momentum. These patterns, observed in recent weeks, align with historical price action from September 2024, when Bitcoin began its fifth wave in a broader bullish trend.
The #shooting star patterns were followed by bearish engulfing candles, where the entire body of the prior candle was overtaken by a strong bearish move. This confirmation has historically preceded significant downturns, as seen in a 30% drop to $77,000 earlier this year. Traders who capitalized on that move locked in substantial profits, and similar signals are now emerging, hinting at another potential decline.
Weekly Time Frame: #Bearish #Signals Intensify...
read more 24crypto .news
🔥 ezPLAY Spēļu Izcelšanas Sērija #7
🛠️ Tanku Fabrika – Šauj, Uzturi un iekaro! 🛠️
Aizver, ielādē un uzbūvē savu galīgo kara mašīnu! 🚜💥
Iznīcini ienaidniekus ar precīziem šāvieniem, vāci zeltu un apvieno tankus, lai radītu stiprāku uguns jaudu. Kaujas lauks ir tavs—vai tu dominēsi kara zonā?
🎮 Spēlē tagad uz ezPLAY!
#ezPLAY #TankFactory #BuildAndBattle #Shooting #Gaming
🛠️ Tanku Fabrika – Šauj, Uzturi un iekaro! 🛠️
Aizver, ielādē un uzbūvē savu galīgo kara mašīnu! 🚜💥
Iznīcini ienaidniekus ar precīziem šāvieniem, vāci zeltu un apvieno tankus, lai radītu stiprāku uguns jaudu. Kaujas lauks ir tavs—vai tu dominēsi kara zonā?
🎮 Spēlē tagad uz ezPLAY!
#ezPLAY #TankFactory #BuildAndBattle #Shooting #Gaming
📣Šodien🔥
🚨23 gadus vecs jauns vīrietis ar finansiālām, psiholoģiskām un emocionālām problēmām, kas saistītas ar #crypto , beidza savu dzīvi tieši uz #X
🗣 pēc tam, kad zaudēja pēdējos $500 #memecoin un pirms #shooting , viņš teica: “Ja es nomiršu, padariet to par #memecoin🚀🚀🚀 .”
🔴 Minūtes pēc viņa nāves parādījās vairāki monētu ar viņa vārdu😡 🤦♂️🤦♂️
🚨23 gadus vecs jauns vīrietis ar finansiālām, psiholoģiskām un emocionālām problēmām, kas saistītas ar #crypto , beidza savu dzīvi tieši uz #X
🗣 pēc tam, kad zaudēja pēdējos $500 #memecoin un pirms #shooting , viņš teica: “Ja es nomiršu, padariet to par #memecoin🚀🚀🚀 .”
🔴 Minūtes pēc viņa nāves parādījās vairāki monētu ar viņa vārdu😡 🤦♂️🤦♂️
🚨 ASV–Irānas spriedze pieaug, jo sarunas turpinās pēc bezpilota lidaparāta notriekšanas 🇺🇸🇮🇷⚠️
Spriedze Persijas līcī ir augsta 🔥, bet diplomātija joprojām ir dzīvotspējīga.
ASV prezidents Donalds Tramps saka, ka sarunas ar Irānu turpinās, lai samazinātu krīzi — pat ja ASV armija notrieca Irānas bezpilota lidaparātu, kas pietuvojās USS Abraham Lincoln Arābu jūrā 🛩️🚢.
🗣️ Tramps: Sarunas turpinās, bet brīdinājumi ir skaidri
Runājot Baltajā namā, Tramps teica, ka sarunas ar Irānu notiek “tieši tagad”, lai gan viņš atteicās atklāt atrašanās vietu 🤐.
“Viņi sarunājas… viņi vēlētos kaut ko izdarīt,” teica Tramps,
ASV prezidents Donalds Tramps saka, ka sarunas ar Irānu turpinās, lai samazinātu krīzi — pat ja ASV armija notrieca Irānas bezpilota lidaparātu, kas pietuvojās USS Abraham Lincoln Arābu jūrā 🛩️🚢.
🗣️ Tramps: Sarunas turpinās, bet brīdinājumi ir skaidri
Runājot Baltajā namā, Tramps teica, ka sarunas ar Irānu notiek “tieši tagad”, lai gan viņš atteicās atklāt atrašanās vietu 🤐.
“Viņi sarunājas… viņi vēlētos kaut ko izdarīt,” teica Tramps,
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