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📍#Bitcoin Update 🔸Bitcoin broke out of the falling wedge pattern, retested, consolidated, and bounced. 🔸Yesterday, US CPI data came in lower, resulting in a $5000 price pump. 🔸$67,500 is the next resistance area. 🔸If we break this level, then $70,000 will be the next target for Bitcoin. Stay tuned for more information!! $BTC $ETH #cryptoease

📍#Bitcoin Update

🔸Bitcoin broke out of the falling wedge pattern, retested, consolidated, and bounced.

🔸Yesterday, US CPI data came in lower, resulting in a $5000 price pump.

🔸$67,500 is the next resistance area.

🔸If we break this level, then $70,000 will be the next target for Bitcoin.

Stay tuned for more information!!

$BTC $ETH #cryptoease

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📍#Bitcoin Update 🔹Bitcoin is trying hard to maintain its position above $60k 🔹Today's market will be volatility due to the release of CPI data. 🔹It's expected to come 3.4%, but if it above this, we might see a market fall. 🔹The CPI data will play a crucial role in determining whether interest rates will be cut in the future or not. However, I don't believe it will exceed 3.4 today. $BTC #cryptoease
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📍Bitcoin Update 🔹Bitcoin faced rejection around $63,500 and is currently experiencing a downward trend. 🔹The next potential support level for Bitcoin is around $60,500. 🔹The outflow from Hong Kong ETFs has impacted Bitcoin's price, but the negativity may not persist for long. 🔹Major banks like JP Morgan and other institutes are buying Bitcoin ETFs, indicating a positive outlook for Bitcoin's future. Stay tuned for more information!! $BTC #BinanceLaunchpool #cryptoease
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📍 Bitcoin Update (Continuous) 🔹There haven't been many changes in Bitcoin, and it's still accumulating above $60k. 🔹Tomorrow is weekly candle closing, and this time, a red closing might be seen. 🔹From the On-Chain perspective, there's a chance of the price dropping below $59k due to available liquidity. Stay tuned for more information!! $BTC #BinanceLaunchpool #cryptoease
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📍#Bitcoin Update (Continuous) 🔹Bitcoin has returned to its support level at $60,000 because there was liquidity available 🔹However, this support has been tested multiple times before, making this level Weak and could break Possibly. 🔹Grayscale's selling pressure was higher yesterday, contributing to the downward movement. 🔹The total outflow from Grayscale was $103 million. Stay tuned for more information!!! $BTC #BinanceLaunchpool #cryptoease
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📍#Bitcoin Update (Continuous) 🔹Bitcoin has successfully retested its support and shown an upside move in its price thereafter. 🔹On the upside, the 50MA at 65,000 is acting as a resistance, so if the price reaches there, we might see a rejection. 🔹The support at 60,000 has been tested multiple times which is why it becomes Weak Stay tuned for more information!! $BTC #BinanceLaunchpool #cryptoease
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