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🚨 Urgent BTC Update: Major Drop After Reaching $70,500 🚨
1️⃣ BTC Analysis:
BTC has experienced a significant drop after reaching the $70,500 mark. Previously, I mentioned the key areas from $68,800 to $70,500 as critical zones.The second area was from $67,800 and the third area from $64,500. I anticipated this decline several days in advance due to key factors on May 28 and 29.There's a potential rebound from the support area between $67,000 and $67,400. Additionally, rebounds from $66,600 or $66,800 are very likely.Key areas BTC hasn't yet touched:$66,800$66,500 (support area)$66,000$65,500 (strongest support)
2️⃣ BTC RSI Indicator Analysis:
On the 4-hour RSI, BTC is currently positive at 47.78. The target is a breakout at 49.59.On the 1-hour RSI, BTC has broken through the 50.00 area, now at 50.94, showing a somewhat positive trend.On the 1-day RSI, BTC remains negative, but staying above 55.00 indicates positivity.On the 1-week RSI, BTC is positive, nearing a breakout at 69.87, very close to the 70.00 area.
3️⃣ Market Liquidity:
Total liquidity is good at the 2.502 area, with potential increases to 2.515 or 2.525 in the coming hours.
4️⃣ ETH Analysis:
ETH is positive on the 1-week RSI at 66.97, with a potential rise to 70.00.ETH could reach the $4,000 to $4,100 range if the rise is sustained.
5️⃣ USDT Dollar Domain:
The USDT domain is negative, which is positive for the market.It is crucial that the 4-hour domain does not close above 4.60 or 4.55. A drop to 40.91 would be positive.On the 4-hour RSI, the domain dropped from 50.03 to 43.28. Avoiding a close above 4.50 is essential for market positivity.
$BTC $ETH $PEPE
#ETHETFsApproved #BlackRock #BTC☀ #TrendingInvestments
🚨 Urgent BTC Update: Major Drop After Reaching $70,500 🚨
1️⃣ BTC Analysis:
BTC has experienced a significant drop after reaching the $70,500 mark. Previously, I mentioned the key areas from $68,800 to $70,500 as critical zones.The second area was from $67,800 and the third area from $64,500. I anticipated this decline several days in advance due to key factors on May 28 and 29.There's a potential rebound from the support area between $67,000 and $67,400. Additionally, rebounds from $66,600 or $66,800 are very likely.Key areas BTC hasn't yet touched:$66,800$66,500 (support area)$66,000$65,500 (strongest support)
2️⃣ BTC RSI Indicator Analysis:
On the 4-hour RSI, BTC is currently positive at 47.78. The target is a breakout at 49.59.On the 1-hour RSI, BTC has broken through the 50.00 area, now at 50.94, showing a somewhat positive trend.On the 1-day RSI, BTC remains negative, but staying above 55.00 indicates positivity.On the 1-week RSI, BTC is positive, nearing a breakout at 69.87, very close to the 70.00 area.
3️⃣ Market Liquidity:
Total liquidity is good at the 2.502 area, with potential increases to 2.515 or 2.525 in the coming hours.
4️⃣ ETH Analysis:
ETH is positive on the 1-week RSI at 66.97, with a potential rise to 70.00.ETH could reach the $4,000 to $4,100 range if the rise is sustained.
5️⃣ USDT Dollar Domain:
The USDT domain is negative, which is positive for the market.It is crucial that the 4-hour domain does not close above 4.60 or 4.55. A drop to 40.91 would be positive.On the 4-hour RSI, the domain dropped from 50.03 to 43.28. Avoiding a close above 4.50 is essential for market positivity.
$BTC $ETH $PEPE
#ETHETFsApproved #BlackRock #BTC☀ #TrendingInvestments
