Technical Outlook: A Confirmed HTF Close Above $0.30 Could Trigger Another Powerful Bullish Expansion, With $5 In Focus. If Price Sees A Major Downside Retracement, The $0.22–$0.26 Zone Could Offer A Potential Re-Entry Opportunity.
Nasdaq crashed -6% in the last 10 days while Bitcoin is holding above $80,000 despite negative news and FUD:
1. High CPI 2. Hot PPI 3. Quantum FUD 4. US govt sale FUD 5. MSCI FUD 6. Memory stock sell off
We saw something similar at $62K when Saylor was selling BTC, Coldcard got hacked, and exchanges were shutting down, but Bitcoin still pumped +$25,000.
This is the kind of strength that often shows up before Bitcoin’s next big move.
If BTC breaks $80k, the next support is $75k–$76k, the crucial WMA 50.
Upbit pulling $ZIL is the kind of news that doesn't need a chart to read. Price already under both EMAs and those are pointing down, so the delisting just gave the trend a reason to keep going.
If 0.012 gives out, that's the market deciding, not me.
$AR: DMI is leaning bullish. The closing price of the candle will help verify the strength.
The DMI on the daily closed candle shows bullish strength slightly prevailing. ADX indicates the trend has strength, but by itself, it doesn't indicate whether the price is going up or down.
Current price of AR: 3.7 $USDT; down sharply 5.71% in 24 hours.
BOT signals on H4 and D1 are both BEAR. The short-term rhythm is aligning with the daily base.
A 4-hour candle closing below 3.571 $USDT will show that support has not been held.