BTC (ANALYSIS) Price is consolidating under marked liquidit | Crypto Nexus Lab on Binance Square

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BTC (ANALYSIS)Price is consolidating under marked liquidity trendline and also heaving supply zone that is action as resistance zone, expecting nuke from here towards downside.
#BTC🔥🔥 #BTC #ANALYSIS #bitcoin
#aPharmacist

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BTC

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Bitcoin dropped to the lower support area as expected. The price took the liquidity from the lower support area and surged from there. BTC needs to hold the $59,000-$60,000 support zone at all costs; otherwise, we might see a heavy dump. #BTC☀ #ETH_ETFs_Approval_Predictions #Marketupdate #aPharmacist

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ETH is currently testing a major support area. The price needs to hold the support area to remain positive. There is selling pressure from Grayscale after the approval of the spot ETF, similar to what we experienced when the BTC spot ETF was launched. It may be a good idea to accumulate some ETH around the support area. Support Area: $2850-$3000 #BTC☀ #ETHETFsApproved #aPharmacist #Marketupdate

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Bitcoin Miner capitulation has reached levels comparable to December 2022 with a 7.6% drawdown. December 2022 marked the cycle bottom after the FTX collapse. Could this be another major turning point? #BTC☀ #Market_Update #Bitcoin❗ #aPharmacist #writetoearn

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Bitcoin encountered strong resistance and faced a price drop due to the US Dollar Index's significant strength yesterday. Gold and Silver also experienced substantial declines. Currently, BTC is holding steady at the $69,000 level. We need to monitor if the price maintains its position above this level. A break below $69,000 would be considered bearish and could push the price towards the $64,000-$65,000 range. $BTC #BTC☀ #Bitcoin❗ #writetoearn #Marketupdate #aPharmacist

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SUI broke out of the small falling wedge pattern, indicating a bullish signal. Consider opening a long position on a retest of the support area, as we anticipate a move towards the next resistance area in the coming days. Support Area: $1.05-$1.08 Resistance Area: $1.37-$1.43 #SUI🔥 #Suiusdt #btc70k #altcoins #writetoearn

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