🇩🇪German Government keep dumping #BTC They have 23,788 re | Ilyas64184089 on Binance Square

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🇩🇪German Government keep dumping #BTC 
They have 23,788 remaining #Bitcoin worth $1.35 billion

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Historical Analysis for #Bitcoin: Typically, we see a low in the first week of the October month, followed by two weeks of pumping, and then the final leg of correction. Based on this cyclic pattern, Bitcoin is expected to bottom out in the next 2–4 days, followed by two weeks of upward movement. Multiple indicators suggest that the October low hasn’t been reached yet, and it’s likely to hit next week. $BTC #WeAreAllSatoshi

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#CVC/USDT ANALYSIS CVC is making a strong rebound from the horizontal demand zone, and it’s now approaching the resistance trendline of the descending triangle. Both the 50MA and 100MA are signaling bullish momentum, setting the stage for a potential breakout. A clear break above the pattern could ignite a powerful bullish rally. Stay alert for the move. $CVC

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$ZRO (Layer Zero) is forming an ascending triangle pattern on the daily chart, with a prior rejection from the resistance. From the current market price (CMP), we are likely to move down first towards the ascending support, followed by a reversal back to the resistance, forming a potential “V” shape recovery. After this recovery phase, we could see a breakout as the Altseason 2024 would have likely started by then. In short, $ZRO looks promising in the upcoming days #WeAreAllSatoshi $ZRO

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#BITCOIN WEEKLY TF UPDATE : #BITCOIN on Weekly TF, closed candle very decent and saw a sell-off due to fundamental news. News Aligned with the price action and levels and currently, price is rejecting the support zone of support zone around $62,000. Its a range now, need to wait for the next weekly closings. $BTC

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#BTC/USDT ANALYSIS Bitcoin is consolidating within a descending broadening wedge pattern. It is currently trading above the Ichimoku Cloud, which is providing strong support, while the 100MA serves as a resistance barrier just above the price. A breakout above the 100MA and the wedge pattern could signal a bullish trend. However, if Bitcoin breaks below the Ichimoku Cloud support, it may lead to further downward movement within the pattern. $BTC

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