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Alhamdulillah ❤️ , Yesterday we analyzed $BTC chart on 1H TF and marked $95,300 area as resistance area. Market gave respect by don't closing 1H above $95,300. Here is what is next expected price action of #bitcoin . If we look on #BTC☀ 1H TF chart it is clearly showing bearish chart. $95,300 is acting as strong resistance. There is too much liquidation amount below $91K so most probability is that BTC move downward to liquidate them. That is first reason. Second reason is that when price try to break $93,500 zone volume increase suddenly and price drop showing exit of smart money from #Bitcoin❗ . It is also hinting downward price move of BTC in upcoming days. After combining both things we can say that #BTC can dump to $92K zone. If it go till $91K area I will start buying partially in alts. It is my personal opinion do your own before taking any financial decision. Don't forget to like post and follow for more updates .
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Someone just bought $FARM tokens of worth $5,093,449. Current price $50.52. Do you know what will be next ? Easily 10-20% in spot. Easily $56 & $62 in next 2-5 days. #Dyor2024 #MU_Traders #FARM
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Alhamdulillah ❤️ , Ranged, spiked UpTo $95,300 and showed rejection let's see if it drop to mentioned zone 👀
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$BTC Technical Analysis Alhamdulillah ❤️, As analyzed yesterday #BTC☀️ rejected from $97,575 and exactly bounced from $93,500 zone. Right now it is looking like that #Bitcoin❗ will reject from $95,301 zone till $92,057. Here is the reason why? Look at the last leg down from $$97,575 to $93,500; range upward liquidity sweep and then dump. Also retraced till 0.5 ratio of Fib retracement tool. Same thing happened this time range with low volume that created liquidity on both sides. so most probability is that #bitcoin sweep upside liquidity with upthrust and drop till $92,057. Drop length calculated via last length drop from range till low of ultra high volume. We will try to buy if it go UpTo 91K without showing any support at $92K. That will show pattern change so most probability trend reversal . It is my personal opinion do your own research before investing . Don't forget to like post and follow for more updates . #MU_Traders
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Alhamdulillah ❤️ , Bounced exactly from there and rejected from 0.5 digit of FIB retracement tool. Most probability now $BTC take next support from $93,500 zone. Here is reason why? Analysis previous leg down of #BTC☀ in 1H TF from 99,950 to 95,000 range then upthrust. Same thing happening now a range liquidity grabbed from $97,500 area. Also same 0.5 fub retracement tool is applying, same pattern is forming so we can expect same length of dip right now that is expected till $93,500. That is what I am expecting let's see what happens next. In short words we are expecting a dip till $93,500 area atleast if there will be no support then $91K will be next stop for #Bitcoin❗ price. Don't forget to like post and follow for more updates .
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