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Good! BTC dropped to support level and now trades inside support area. For this case, I think it can break support level and continues to fall. Hmm, the price little grew, therefore I think it can make a little movement up and then drop to my TP. Days ago Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price some days ago entered an upward channel, where at once it made little correction and then rose to a support level, which coincided with the buyer zone. Then BTC broke this level, after which made a correction to the buyer zone, and then BTC made an impulse up to the resistance line of the upward channel. After this movement, the price turned around from this line and then started to decline to the 58900 support level, which coincided with the support line of the channel. Later BTC rebounded and continued to move up inside the upward channel and some time later reached the current support level, which coincided with the support area. Price rebounded from this level and made a correction below, after which made an upward impulse to the resistance line of the channel, thereby breaking the 69500 level. But a not long time ago it started to decline, therefore I think that BTC can grow to the resistance line and then drop below a current support level, breaking it and continuing to decline. For this case, I set my TP at 67000 points. Please share this idea with your friends and click Boost #CryptoAMA #16thBTCWhitePaperAnniv #29thBNBBurn #NovCryptoOutlook #USNFPCooldown

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hello guys the first target has been touched! Channel Breakout: Bitcoin is moving within an ascending channel, with price action close to the upper boundary, indicating bullish momentum. Resistance Test: After breaking above a long-term downward trendline, Bitcoin has held steady, suggesting that the previous resistance is now acting as support. Next Target Zones: Price is heading toward the next resistance area around $74,000–$76,000, highlighted by potential bullish continuation patterns. Upside Potential: A successful breakout above the $76,000 level could propel Bitcoin toward the $80,000+ range, fueling further optimism for a strong uptrend. Watch for Retests: If Bitcoin retraces, it could find support within the channel or around the previous breakout point, making these ideal zones for potential entry.#BinanceBlockchainWeek #USADPSurges #BTCBreak71K #USJobOpeningsDip #TIATokenUnlock

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There is still resistance at $72,000 (7-June) and ~$74,000 (14-March). Bitcoin is now at $71,500 resistance, way above the 29-July peak price which sits at $70,050. We have a higher high on a daily basis, what now? Moving above 70,000 is definitely a major milestone and a bullish development but we would need confirmation first. It can happen that Bitcoin pierces above this level today, moves up for a few days and comes crashing back down... The week is only getting started... ➢ If Bitcoin can stay above $70,000 by the end of the week, we can say that this resistance level has been conquered and we have a higher high and the first one in three months. ➢ If Bitcoin moves a little while above $70,000 but then move back down, we would say we have a failed breakout or bull-trap and this would give further strength to the bearish case (the upcoming correction and market crash). We have a move above 70,000 but trading volume is still very low. Volume is the foremost confirmation signal. Low volume = weak move. Since the month is ending this week, we can look for both a weekly and monthly close above 70,000/71,000 to get a bullish confirmation. If Bitcoin fails to stay above this level, it means that the current rise is part of the previous inverted correction. 👉 We continue bearish on Bitcoin.

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As we said before 65K$ support zone is now major daily support and we can expect a valid retest of channel breakout and soon if this support hold heavy pump is expected and even new ATH is ahead. Any breakout to the downside cause more fall to supports like 60K$ and even 50K$ and more range is ahead before new ATH which is long-term plan. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚> A retest complete pump is expected now.

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BTC price movement by the end of October The BTC price is at the final stage of a six-month correctional consolidation. In the next few days, the correction of the BTC/USDT price to $61000 may become the lowest point where most shorts will need to be closed, as well as the point for a set of longs, as they say “to a full cutlet” And if everything goes well, then by the end of October, there is a good chance to see the price of #Bitcoin at $68300-69700 And what about altcoins, you ask? They should also be fine, at least BTC.D and USDT.D hint at this. Write in the comments an altcoin that interests you, and we will analyze it and publish it here

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