#BTC_Update 1D YIKES! Bitcoin dropped under $25,000 today. | CRYPTO VARTA on Binance Square

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Bearish

#BTC_Update 1DYIKES!
Bitcoin dropped under $25,000 today.
Currently struggling hard to defend the 200 day EMA.
Not great...
✅✅✅
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BTC

98,449.99

-0.17%

HARD

0.1616

+4.73%

4.4k

0

Replies 5

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🚀 Mega bull run loading! 👀Watching #BTC dominance. 🏝️Eyes on ONDO, SUI, APT, ARKM, IO, TAO, PEPE, LAI, POKT, SEI 🔥Altseason incoming? 🚀

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💡Buying #PoktNetwork ( Pokt ) 🔍Price : $0.04653 📈Momentum: #POKT shows strong upside potential. Going to breakout in 4h time frame. 🎯Buying Strategy: Buy now, sell 50% for 2X & Hold 🚀 With tier 1 backers like 1kx, Arrington Capital Pokt has imense potential to take off 🚀🚀🚀 #BTC80K

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New ATH before 15th June ? It’s coming…..⚡️ #BTC☀ #bitcoin☀️ #btc70k

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Plan is on and #BTC☀ should be creating this Inverse H&S within next 15 days (+-5). That will be the 4th strike and most likely BTC will breakout from there to reach a new ATH. Since the RS is not deep so I am presuming that a breakout should happen on 4th strike. What will happen post ATH? A bearish divergence most likely and a correction post mid July or somewhere close to Aug. We will see the $1B liquidation drive then. Our plan is to exit before that. I will update you as and when the chart develops but this is what is currently running in my head. Mind you BTC Macd on weekly had a bearish cross over 2 weeks back and would require 2months to cool down. If we see the liquidation drive post mid July then BTC is expected to remain bearish for Aug-Sep. Nothing to worry Q4 would be fun😉 Cheers!

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‼️Breakout on 4th or 5th strike would depend how deep $BTC falls down. If it keeps consolidating here above $65k then I expect a breakout on 4th strike. Anything below that means it would require 2 more strikes to b.o. Bearish scenario for now is not in the picture with ETH ETF also in the queue I think we will have 1.5 to 2months of decent run/consolidation in both BTC and selective ALTs Reminder : Keep booking profits on your positions regularly, market takes 1 day to wipe off all profit you made in 3months #btcpizza #btc70k #altcoins

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