This is most likely Capitulation/ Final Shakeout happening. Worst case is 58-59k where we have dip buys waiting. Don't let them fade you. Don't lose your capital flip flopping the Market. Hold your Bias as long as it's above your invalidation Points.
Daily chart on Bitcoin, without any noise. There is a descending channel. From my point of view, it really needs a fake breakdown of the support to ~$55,900 zone.
It will be worse If #BTC just grows up from current points. Not enough fuel. $BTC
It is a gateaway to launch and trade tokens on Bitcoin blockchain (BRC20). Fundamentally strong one, planning to launch a Perpetual Dex soon.
Talking about chart, there are two strong support levels: $0.24 and $0.22, having bids on both of them. Structurally is similar to #JUP . $JUP #bitcoinhalving#BullorBear
Fundamentally, this is a good project that correlates with the current hyped BRC20 narrative.
Namely, it is a bridge between BRC-20 tokens and EVM & Solana chains. Fully Diluted MC is $200M, and all coins are in circulation.
Talking about technical analysis, there we have a potential breakout of the horizontal resistance. Good one as for short, as for mid-term holding. #bitcoinhalving#BullorBear
So what comes next.? Maybe 4-10 weeks of slow upwards accumulation in 60k-84k region & then Massive bull run. Don't let them make you sell your bags at any kind of shakeout.
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