#BTC    Bitcoin has performed a historic technical feat in | Eternel insatisfait on Binance Square

Trending Articles

Bookmarked and Liked

Eternel insatisfait

--

#BTC    
Bitcoin has performed a historic technical feat in turning a major area of old resistance into new major support
Bitcoin has since developed a Re-Accumulation Range at these highs which resembles a Bull Flag trend continuation pattern
$BTC #Crypto #Bitcoin   

0 people tipped the creator.

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

BTC

58,262

+1.27%

5.5k

0

Replies 0

Explore the latest 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

Eternel insatisfait

@Eternel_insatisfait

Explore More From Creator

#BTC Bitcoin successfully retested the blue $55850 level as support on the Daily timeframe And since then, BTC has revisited the black Channel Bottom again At this moment, BTC is positioned favourably for a Weekly Close above the Channel Bottom But it's important BTC doesn't produce long upside wicks beyond the Channel Bottom but ultimately Weekly Closes below it Bitcoin needs to Weekly Close above $58150 to successfully reclaim the Channel Bottom $BTC #Crypto #Bitcoin

--

#BTC Bitcoin is pressing into the Weekly Channel Bottom (black) A Daily Close above ~$58080 would be a good contributing sign towards setting price up for a retest of the Channel Bottom This would also position Bitcoin for a favourable Weekly Close $BTC #Crypto #Bitcoin

--

#BTC Bitcoin tends to breakout from its Post-Halving ReAccumulation Range 150-160 days after the Halving History suggests Bitcoin may breakout over the next two weeks or so However, September has typically offered limited average monthly returns More realistically, chances favour a breakout in October, which has historically been a strong month for Bitcoin, especially in Halving years like 2024 In the previous Halving years (2016 & 2020), Bitcoin enjoyed three straight months of upside across October, November and December $BTC #Crypto #Bitcoin

--

#Bitcoin new ATH incoming ? The current consolidation looks a lot like what happened last year when Bitcoin stayed in a range for several months. The first bullish MACD crossover gave a weak signal, causing a short term pump, but price couldn't break out of the range. However, the second bullish crossover led to a breakout and a strong price increase. We might see the same pattern play out again. The first signal was weak and created a short-term bottom, but the second one might lead to a real breakout and a new ATH.

--

#BTC In the 2015-2017 cycle, Bitcoin peaked 518 days after the Halving In the 2019-2021 cycle, Bitcoin peaked 546 days after the Halving If history repeats and the next Bull Market peak occurs 518-546 days after the Halving... That would mean Bitcoin could peak in this cycle in mid-September or mid-October 2025 Currently, Bitcoin is accelerating in this cycle by approximately 84 days, significantly lower than the initial 260 days set in mid-March 2024 So the longer Bitcoin consolidates after the Halving, the better it will be for resynchronising this current cycle with the traditional Halving cycle $BTC #Bitcoin #BitcoinHalving

--

Latest News

OpenAI Launches Advanced AI Model O1 With Enhanced Reasoning Capabilities

--

Bitcoin(BTC) Drops Below 58,000 USDT with a Narrowed 0.87% Increase in 24 Hours

--

Northern Trust Launches Institutional Carbon Credit Ecosystem

--

Cypherpunk Holdings Rebrands To Sol Strategies With Focus On Solana Investments

--

Puff Implements Cross-Chain Interoperability With LayerZero's OFT Protocol

--

Cookie Preferences

ba-one-trust-cookie