BTC wild momentum is expected within a couple of hours as BTC was unable to sustain above Resistance 26885 after multiple attempts.. Might be a dump towards 26300 - 26200..
Current Resistance 26885
Support Zone 26260
Downward Trend

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#BTC #bitcoin #support #resistance

#bitcoin     is now testing the #resistance line of the falling wedge pattern. Let's see if #Price is able to break the resistance area. If the price rejects from here then we see a move toward $26,000 again.

Why Bitcoin Can’t Reach $30,000? 🥹

Bitcoin’s recent price surge to $28,600 gave hope to investors, but it faced setbacks.

The launch of Ether futures #ETFs didn’t generate much activity, and concerns about an economic downturn were voiced by US Federal Reserve representatives.

While #bitcoin briefly held above $27,500, three critical factors hindered its progress: decreasing trading metrics, macroeconomic pressures, and dwindling hope for a spot Bitcoin ETF approval.

Spot trading volumes fell, indicating reduced institutional involvement. The BTC futures premium remained low, signaling a lack of demand for leveraged long positions.

Lastly, waning confidence in a spot Bitcoin ETF’s approval added to Bitcoin’s challenges in breaking the $28,500 #resistance level.

#Binance
#crypto2023

$TOTAL3 still consolidating inside the resistance zone.

Follow us for more.🔥

#Marketupdate #resistance #marketanalysis

Where Will Bitcoin Go Next? 🧐

Amid #bitcoin 's recent trading around $28,000, analysts offer insights into its future.

In the short term, support is at $28k, strong #resistance at $30k.

For longer-term analysis, $26k is seen as strong support, while resistance at $30k remains formidable.

Breaking $30,000 could signal bullish #momentum , but dropping below $25,000 might indicate bearish control.

As BTC teeters near $28.5k, the next upper resistance levels are $29.3k - $29.5k. Analysts assess support, resistance, and momentum, highlighting key price ranges in the crypto's volatile journey.

#Binance
#crypto2023

How I analyze this last pump on #bitcoin with trend lines

This was an important zone/level for a #trendreversal which didn’t happen.

#resistance trend line turns into #support trend line and vice-versa

Let’s see if we get a double top or break upwards
$BTC

#ordi has some points, if it hits them then it will pump to 23$.. #resistance #BNB

Post #FED announcement buy/sell delta looks #Bullish , we are at #resistance , use caution.

#TRX is now trading around 0.109$.
Currently price is testing the resistance level on a 1D time frame. A daily candle closing above the resistance area could take the price higher.📈

#BTC #TRX/USDT #resistance #BullishAltcoins #ChartAnalysis

Bitcoin Leads Other Major World #Assets With 83.8% Gain in H1 2023.

Bitcoin’s value increased by 83.8% in the first half of 2023.

The #bitcoin price rose by 47% within the first month of the year.

Bitcoin’s rise was characterized by typical declines, with support and #resistance levels impacting the price change.

Reported data shows that Bitcoin’s value increased by 83.8% in the first half of 2023, ranking first and exceeding other major world assets by a significant margin. In the second position is the #Nasdaq index, whose value increased by 31.7%. A 37% drop in value puts natural gas in the bottom position following the fall in the prices of other energy sources

Hi guys,
Who can help me with the technical analysis of #ADA ?

I need to know it's #support and #resistance levels. I have not perfected the knowledge yet

I appreciate your time guys. I'll be waiting in the comments.

Are Bitcoin Shorts Feeling the Heat Amidst a $1,000 Price Rally?

On September 12, #bitcoin experienced a relief rally, gaining $1,000 in price after hitting a three-month low.

However, it faced #resistance at $26,000. Analysts predicted that Bitcoin's price would undergo a "support test" due to decreased bid liquidity.

Despite earlier support concerns, it held at $24,750 during the downturn. This rally led to a short squeeze, with some traders calling for a breakthrough of the $26,000 resistance.

On that day, over $12 million in BTC short positions were liquidated, while $71 million in #long positions had been liquidated the day before.

Some traders remained optimistic, suggesting that a Bitcoin market cap dominance breakout could signal the next bullish move, citing a previous instance where this led to a $7,000 price increase in two weeks.

#Binance
#crypto2023

In a 4h time frame, #INJ trying to break it's resistance. A successful breakout can bring some bullish wave in it.📈

#inj #INJUSDT #resistance #BTC #Marketupdate

$COTI has broken its LTF trend line resistance and also looking for retest.

A successful retest above this level can bring some bullish wave in it.📈

Follow us for update like this.🔥

#COTI #COTI/USDT #Write2Earn #TrendingTopic #resistance

If #BTC breaks this #resistance ,

The next target is $69,000.
$BTC

$BTC
Major resistance around 64500
#BTC🔥🔥🔥🔥🔥 #CryptoWatchMay2024 #resistance