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$BTC Technical Analysis
In today's article we will discuss $BTC Technical Analysis, Liquidation Levels and then we will finalize our decision of buy or sell. Let's start analyzing #BTC☀️ chart:-
Liquidation Levels:-
If we look at liquidations levels, it is clearly showing that most liquidations are present in a downward direction. So, most probability #Bitcoin❗ moves in downward direction to liquidate longs. Most of 50X and 100X leverage traders' wallets will be liquidated if BTC hits the $96,400 area. In short words BTC can move in the downward side to liquidate longs.
1H TF BTC Chart:-
If we look at the BTC 1H TF chart then it is clearly showing weakness. Here are key points that are indicating weakness and hinting downward move:-
🔸Buying Climax with next bearish bar and ultra high volume showing selling pressure. (emended in two horizontal green line).
🔸In ellipse 4 candles marked indicating weakness with avg. volume. Mean buyers are not interested much more to move the market upward.
🔸Hidden upthrust marked with green arrow showing liquidity sweep (Shorters S.L grabbed) it also confirms BTC downside move.
All these things are showing that #bitcoin is looking weak and can drop. If we apply FIB tool then it is showing BTC can bounce a little bit from the $96,000 area.
Final Decision:-
After combining all these things we reached a point that BTC will move in the downward side so avoid buying and wait for correction. Once it hits the $96K area we will analyze charts again and will check whether we should buy or wait for more dip like $91K. That is the point where I will in all.
If you find this article helpful then must like it and comment below about your expected BTC price. Follow for more.
Liquidation Levels:-
If we look at liquidations levels, it is clearly showing that most liquidations are present in a downward direction. So, most probability #Bitcoin❗ moves in downward direction to liquidate longs. Most of 50X and 100X leverage traders' wallets will be liquidated if BTC hits the $96,400 area. In short words BTC can move in the downward side to liquidate longs.
1H TF BTC Chart:-
If we look at the BTC 1H TF chart then it is clearly showing weakness. Here are key points that are indicating weakness and hinting downward move:-
🔸Buying Climax with next bearish bar and ultra high volume showing selling pressure. (emended in two horizontal green line).
🔸In ellipse 4 candles marked indicating weakness with avg. volume. Mean buyers are not interested much more to move the market upward.
🔸Hidden upthrust marked with green arrow showing liquidity sweep (Shorters S.L grabbed) it also confirms BTC downside move.
All these things are showing that #bitcoin is looking weak and can drop. If we apply FIB tool then it is showing BTC can bounce a little bit from the $96,000 area.
Final Decision:-
After combining all these things we reached a point that BTC will move in the downward side so avoid buying and wait for correction. Once it hits the $96K area we will analyze charts again and will check whether we should buy or wait for more dip like $91K. That is the point where I will in all.
If you find this article helpful then must like it and comment below about your expected BTC price. Follow for more.
Lexus Vitme:
Update 🤝
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#bitcoin.” in the opinion of those who understand
What is the forecast for bitcoin until December 30th?
What is the forecast for bitcoin until December 30th?
#ReboundRally
$BTC
$BTC is getting volatile from here if it breaks 102000 price it's going to return in it's previous channel be ready to deep dive into #bitcoin.” bullish run. I m ready with my trades just waiting for place them.
$BTC
$BTC is getting volatile from here if it breaks 102000 price it's going to return in it's previous channel be ready to deep dive into #bitcoin.” bullish run. I m ready with my trades just waiting for place them.
"Bitcoin's price has surged to $98k Will it continue to rise? Share your thoughts! #bitcoin.” #Cryptocurrency" $BTC
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hello friends, let's support the campaign, send a usdt, I am just starting, those who deposit please leave their ID to return it, thank you #bitcoin.” #CampanaEnviaFondos
Juan miel:
listo
#BinanceAlphaAlert #GrayscaleHorizenTrust #MicroStrategyInNasdaq100 #bitcoin.”
hi,
anyone know Bitcoin free mining application or software ?????
hi,
anyone know Bitcoin free mining application or software ?????
Querido papai Noel, desejamos do fundo de nossos corações que aconteça uma grande explosão no mundo das criptomoedas e que vai a lua. #nearprotocol #PENDLEUSDT #UsualToken #bitcoin.”
#BtcNewHolder NEW BTC HOLDER ALERT!
Congratulations to all the new BTC holders out there! You've just joined a community of innovators, entrepreneurs, and investors who believe in the power of decentralized finance.
Remember, holding BTC is not just about making a profit - it's about being part of a movement that's changing the way we think about money and financial freedom.
Welcome to the BTC family! #bitcoin.” coin #NewHolder #CryptoCommunity"
Congratulations to all the new BTC holders out there! You've just joined a community of innovators, entrepreneurs, and investors who believe in the power of decentralized finance.
Remember, holding BTC is not just about making a profit - it's about being part of a movement that's changing the way we think about money and financial freedom.
Welcome to the BTC family! #bitcoin.” coin #NewHolder #CryptoCommunity"
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#MarketRebound
very little volume. Complicated. Few operations in the US. There may be more movement on Thursday, December 26, and Friday, December 27. If there is any movement for #bitcoin.” , there will be for the other cryptos.
very little volume. Complicated. Few operations in the US. There may be more movement on Thursday, December 26, and Friday, December 27. If there is any movement for #bitcoin.” , there will be for the other cryptos.
August 14th will be important for the next interest rate decision.
Volatility will be imminent for #bitcoin.”
Volatility will be imminent for #bitcoin.”
There's $450 trillion of capital in bonds, real estate and traditional 20th-century assets. There's $1 trillion in #bitcoin.” "
Michael Saylor will go down as one of the greatest Bitcoin advocates in history.
$TRB $1000
Michael Saylor will go down as one of the greatest Bitcoin advocates in history.
$TRB $1000
BREAKING: 🇺🇸 Ohio State Senator Antani pushes bill to allow all state and local taxes to be paid in #bitcoin.” $BTC #BinanceLaunchpoolHMSTR
Robert Kiyosaki Expects #Bitcoin to Take off — Foresees Gold Crashing Below $1,200
Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will take off while gold will crash below $1,200. He urges investors to prepare for the “biggest crash in history” which he forecasted in his book years ago. Emphasizing that the Federal Reserve is “destroying” the U.S. economy, he advised: “Rather than trust the Fed, I prefer to trust #gold, #silver, and #bitcoin.”
Wait for updates, my friends 💫
#news #FRONT #money #bank
Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will take off while gold will crash below $1,200. He urges investors to prepare for the “biggest crash in history” which he forecasted in his book years ago. Emphasizing that the Federal Reserve is “destroying” the U.S. economy, he advised: “Rather than trust the Fed, I prefer to trust #gold, #silver, and #bitcoin.”
Wait for updates, my friends 💫
#news #FRONT #money #bank
JUST IN: Rep. Paul Gosar proposed a $500 bill with Trump's face. We're using Monopoly money now. Ditch the funny money. #bitcoin.”