LIVECarmela Evey QAVz
@Square-Creator-f798f3138446
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分析师舒琴
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Bitcoin is about to fall to the right position, and will start a big rebound at the following point!
It has been a week since Bitcoin broke through the ascending triangle, and the price has gradually come to the strong support of 60,000 and 61,000. This is the bottom of the previous 4 declines, with very strong support. After falling here, I think it is very likely to start a full rebound, and I will enter the market near this point.
We made a judgment when Bitcoin fell below the 64,500 ascending triangle a week ago. At that time, Pepe 0.0122 also stopped profit, and now it is just right to buy it back at a low point.
The Ton issued that day rose 10% against the trend, and the better time to enter the market again is here at 6.8-7u. And the People who escaped the top yesterday are back again, giving you another opportunity to make a 10% wave, which is much better than the volatility of Bitcoin.
There is no way, the market is not good now, don’t complain about the little meat, you have worked hard.
It has been a week since Bitcoin broke through the ascending triangle, and the price has gradually come to the strong support of 60,000 and 61,000. This is the bottom of the previous 4 declines, with very strong support. After falling here, I think it is very likely to start a full rebound, and I will enter the market near this point.
We made a judgment when Bitcoin fell below the 64,500 ascending triangle a week ago. At that time, Pepe 0.0122 also stopped profit, and now it is just right to buy it back at a low point.
The Ton issued that day rose 10% against the trend, and the better time to enter the market again is here at 6.8-7u. And the People who escaped the top yesterday are back again, giving you another opportunity to make a 10% wave, which is much better than the volatility of Bitcoin.
There is no way, the market is not good now, don’t complain about the little meat, you have worked hard.
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🚨 Bitcoin Drops Below $62,000, Poised for a Major Rebound 🚨
1️⃣ Current Price Dip
Bitcoin has fallen below $62,000, causing concern among investors.
2️⃣ PlanB’s Analysis
PlanB, a renowned analyst, uses the stock-to-flow (S2F) model.
He highlights Bitcoin’s current price hovering around the five-month actual price of ~$65,000.
3️⃣ Significance of Actual Price in Bull Markets
Historically, Bitcoin rarely falls below its five-month actual price during bull markets.
This price level serves as a strong support line.
Bitcoin is expected to rebound from the $65,000 level.
4️⃣ Relative Strength Index (RSI)
RSI is a key momentum indicator to assess if an asset is overbought or oversold.
PlanB predicts that RSI values will align with peak levels from previous cycles.
This suggests exponential returns for Bitcoin.
5️⃣ Future Market Behavior
PlanB believes the current bull market will see exponential gains, not diminishing returns.
RSI values could rise above 80, similar to the cycles in 2013, 2017, and 2021.
📊 With Bitcoin’s current price around $61,785 and a slight decline of over 2% in the past 24 hours, the coming days will reveal if Bitcoin will recover as predicted. Historical trends provide a compelling case for an optimistic outlook.
📌 Stay tuned for more crypto insights! 👍
Disclaimer: This post is for informational purposes only and should not be considered financial advice.
#bitcoin #Binance
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