▫️Bitcoin didn't hold its lower trendline and broke down.

▫️The price touched the $56,000 mark and is now reversing, but the volume is still low, so another drop could happen.

▫️An important support level where it could bounce back is $55,000.

Stay tuned for more info!!

good morning 🌄

𝑩𝒊𝒕𝒄𝒐𝒊𝒏 𝑷𝒐𝒔𝒕-𝑯𝒂𝒍𝒗𝒊𝒏𝒈 𝑷𝒓𝒊𝒄𝒆 𝑯𝒊𝒔𝒕𝒐𝒓𝒚

𝟮𝟬𝟭𝟮

5315% pump followed by a 85% dump

𝟮𝟬𝟭𝟲

1336% pump followed by a 83% dump

𝟮𝟬𝟮𝟬

569% pump followed by a 77% dump

How much #BTC will pump this time?
👇

🇮🇳Happy 78th Independence Day! Let's honour the courage and sacrifices of our heroes. Jai Hind!❤️

💥
BIG BREAKING
🚀

🇺🇸
US CPI data : CPI YoY: 2.9%
Forecasted 3%
Last month 3%
#USCPI #CPIData #CPI
It is for the first time with inflation under 3.0% since March 2021.
Yesterday’s PPI data was bullish, as it fell below expectations, 2.4% instead of 2.7%.

JUST IN: MetaMask partners with Mastercard & Baanx to Launch Pilot for Crypto-to-Fiat Payment Card in EU & UK

Top #Bitcoin Holders
👇

1. Satoshi Nakamoto - 1,100,000

2. Winklevoss Twins - 70,000

3. MicroStrategy - 29,500

4. Tim Draper - 17, 732

5. Changpeng Zao - 15,000

On the 1-hour chart Bitcoin is forming an ascending triangle which is Bullish pattern.

Potential breakout could push the price to $65,000.

Today Market will be volatile today due to CPI data is coming at 6 PM.

Stay tuned for more info!! ✅

Morning thought 🌄

If you can't handle people talking shit about you, you can't handle success

BIG BREAKING
🚨

CHART PREDICTS #BITCOIN BULLRUN HAS STARTED OFFICIALLY

Morning thought 🌅

NEVER BE AFRAID OF STARTING OVER. YOU MIGHT JUST LIKE YOUR NEW STORY BETTER.

🚨
WHY BTC DOMINANCE COULD TRIGGER THE START OF #Altseason.

The reason Altcoins are currently Holding Strong is because $BTC Dominance took a 1% dump.
📉

ATM strong altcoins are 10-20% up, now Imagine when the BTC dominance goes to 52%
🙂

It’s going to be the march bull run all over again.
‼️

We will no longer be PRE-RICH but now F**KING RICH.
🤑🤑

But how does all of this work? I’ll explain.

Bitcoin dominance means the market share of bitcoin when compared against altcoins.

The BTC dominance chart can be used to identify crypto market trends, an incoming altcoin season or a potential bitcoin bull run.

Why Bitcoin Dominance Is Important-
Generally, the total cryptocurrency market cap trend follows that of bitcoin.
This is because #Bitcoin influences the whole crypto space as the first, biggest, & most popular crypto asset.

When bitcoin dominance falls, it means investors are moving their investments to #Altcoins. This indicates the start of an altseason.
🚀🚀

Before 2017, Bitcoin’s market dominance was above 80%. This is because there were few altcoins with a solid competitive edge.

However soon after, altcoins led by #Ethereum ($ETH) started attracting investment, reducing BTC’s dominance to a low of 32.3%. So Generally, when Bitcoin dominance decreases, there is a rise in interest in altcoins.

Tracking this is how you can stay on top of market sentiment and trends.

Another example:
In 2018, when the bear market started, Bitcoin dominance started to increase as investors returned to accumulating bitcoin.
🤔

But, in early 2021, a number of factors increasing the negativity around Bitcoin's energy user& China's #crypto mining ban led to drop in Bitcoin dominance and kickstarted the Altseason bull run before the 2022 bear market.
 

⚠️
Some Factors Affecting Bitcoin Dominance include:

➡️
New and Upcoming Narratives.

➡️
Stablecoin Popularity 

➡️
Current Market conditions (BULL OR BEAR)

If bitcoin dominance keeps dropping, it could trigger the ALTSEASON.

Are you positioned for it?

FYI : Pending Bitcoin CME Gap till 60,900$ !!

Sharing it, so if you trying to long now.

Don't lose money with future trading.

Morning thought 🌄

Don't be shocked when life starts to get real good. You deserve that. This is your new normal.

BITCOIN SIMILAR PATTERN BEFORE MAJOR BULLRUN

Similar pattern forming for #bitcoin that it did at covid crash and extended consolidation (boring market) before major breakout out.

Interestingly it was also April - August period.

Two major MA should be defended on macro time frame

→ 21 Weekly MA at 65K
→ 200 Daily MA at 62K

$BTC Bull Flag Formation

Still expecting consolidation between $49K-$66K till Q3

Q4 could be the big breakout time
🚀

A "death cross" is about to occur in Bitcoin.

This happens when the 50 M.A crosses below the 200-day M.A.

It's considered a bearish signal, suggesting the price might drop.

In the past, when this happened, Bitcoin's price usually fell.

If Bitcoin follows this pattern again, the price may fall.

Morning thought 🌄

Don't chase, don't beg, don't stress, don't be desperate, just relax. When you relax, it will come to you. Make your wants want you. ✅

Good Morning Crypto !!

Quick Bitcoin Analysis
👇

Bitcoin touched our first area of interest 62.5K

As mentioned in our previous video, $BTC will face some resistance in this price zone. So be careful of #altcoins.

Bullish confirmation above 62.5K,

CME Gap also got filled
✅

Morning Thought 🌞

OUR GREATEST GLORY IS NOT IN NEVER FALLING, BUT IN RISING EVERY TIME WE FALL.