#BTC    Bitcoin is slowly approaching the "Danger Zone" (o | TheCryptoDegen on Binance Square

Trending Articles

Bookmarked and Liked

--

#BTC    
Bitcoin is slowly approaching the "Danger Zone" (orange) where historical Pre-Halving Retraces have begun
Historically, Bitcoin has performed Pre-Halving Retraces 14-28 days before the Halving
Currently, Bitcoin is 33 days away from the Halving
$BTC #Crypto #Bitcoin   

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

53,793

-1.68%

227

0

Replies 0

Explore the lastest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@TheCryptoDegen

Explore More From Creator

#Bitcoin Parallels to 2020. The Fair value gap (FVG) has been filled. In most cases, panic selling is not a good idea. Within the next 8 weeks, we expect a rally that is similar to the 2020 post covid / post halving period. Stay tuned (or "buckle up" as chat gpt would say #MarketDownturn #BinanceLaunchpoolTON

--

August has already been a exceptionally eventful month across both equity and digital asset markets, after a “correlation-1” event sparked a major market sell-off. #Bitcoin has been no exception, recording its largest drawdown of the cycle, causing capitulation amongst Short-Term Holders.

--

#Bitcoin The 12 month SMA is the "golden band" for the bull market - we frequently see retests or wicks below that line during bull markets. Monthly close will be important - a "green" close would mean we close above the SMA #US_Job_Market_Slowdown #BTC_MarketPanic_Dip

--

#Bitcoin Most people fail to see the patterns and get discouraged. On days like this one, it often helps to put the phone away, take a breath and take a step back to look at the big picture: 1. Cycle Bottom is followed by a strong ramp up until halving (green to yellow box) 2. Around halving, there is a longer correction period (around 4-6 months) 3. This resistance is one of the fibs (0.382, 0.5, 0.618 or 1.0) 4. after this (usually in Q4) we see a massive pump. We hodl and enjoy the summer #July_NonFarmPayrolls_Shock

--

#Bitcoin Update: We are now at the level of support and our first short-term target. A daily / weekly close above 61.8k would likely initiate a short term reversal. If not, short-term direction is south with a target of 56.8k. Note: this is all short-term... We believe in a massive reversal in late Q3/early Q4

--

Latest News

How Can Binance News RSS Feed Integration Elevate Your Website? Discover the Benefits!

--

Bitcoin(BTC) Drops Below 54,000 USDT with a 1.21% Decrease in 24 Hours

--

Stablecoin Market Cap Experiences Slight Decline Over Past Week

--

Bitcoin ATM Growth in the US Raises Cybersecurity Concerns

--

Looking to Increase Your Commission Earnings? Integrate the News Bot into Your Telegram Groups/Channels

--

Cookie Preferences

ba-one-trust-cookie