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#BTC News >_ Bitcoin analyst sees 'several more weeks' before BTC price breaks $70K

source: https://cointelegraph.com
$BTC
$BTC it's not a bearish movement it a correction for long run #70k btc
$BTC it's not a bearish movement it a correction for long run #70k btc
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Bullish
🤔Why Bitcoin crashed after $70k ? Whales know everyone is bullish and they are gonna send BTC to $100k but they don’t want people to long And ride with them so everytime Btc breaks important levels, everyone gets bullish and starts longing and Whales always do this quick dump to liquidate all the late longs. I have seen this behavior since 2016 and this have always been the part of game. Best approach is to avoid all the futures trading and just hold your spot bags and ride them. Remember trading is a game where we are competing with each other so someone’s profit is someone’s loss. Think like a whale and ride with them. All these dumps makes me make even more bullish coz I the past we have seen after these dumps we always see a massive pump. Bitcoin is going to $100k. Its is 100% programmed. Don’t get toasted in the way with leverage. Spot and chill. Hit like if I should post more these kind of simple analysis / ideas. #TrendingTopic #EOS #Bitcoin 💡 $BTC #Crash #70k
🤔Why Bitcoin crashed after $70k ?

Whales know everyone is bullish and
they are gonna send BTC to $100k
but they don’t want people to long
And ride with them so everytime Btc
breaks important levels, everyone
gets bullish and starts longing and
Whales always do this quick dump
to liquidate all the late longs.

I have seen this behavior since 2016
and this have always been the part of
game. Best approach is to avoid all
the futures trading and just hold your
spot bags and ride them.

Remember trading is a game where
we are competing with each other so
someone’s profit is someone’s loss.
Think like a whale and ride with them.

All these dumps makes me make even
more bullish coz I the past we have
seen after these dumps we always
see a massive pump.

Bitcoin is going to $100k. Its is 100%
programmed. Don’t get toasted in the
way with leverage. Spot and chill.

Hit like if I should post more these
kind of simple analysis / ideas.

#TrendingTopic #EOS #Bitcoin 💡 $BTC #Crash #70k
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Bullish
See original
🚀🚀 BTC BREAKS 70k 📈 For the first time ever btc today breaks 70k , This is a historical day and also credit goes to those who always believed in crypto. I told u this in yesterday post too :) check my post from yesterday #BTC #70k
🚀🚀 BTC BREAKS 70k 📈

For the first time ever btc today breaks 70k , This is a historical day and also credit goes to those who always believed in crypto.

I told u this in yesterday post too :) check my post from yesterday

#BTC #70k
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Bearish
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Bullish
🚨 BREAKING 🚨 COINBASE BITCOIN RESERVES HIT A 9 YEAR LOW. SUPPY SHOCK IS HAPPENING EVERYWHERE. THIS IS VERY BULLISH 🔥 #ICP #xrp #BTC #70k $BTC
🚨 BREAKING 🚨

COINBASE BITCOIN RESERVES HIT
A 9 YEAR LOW. SUPPY SHOCK IS
HAPPENING EVERYWHERE.

THIS IS VERY BULLISH 🔥

#ICP #xrp #BTC #70k $BTC
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Bullish
#btc70k #BTC☀️ #Analsis $BTC Analysis #BTC UPDATE: BTC after rejecting from the #70k strong resistance level rejected to the strong support level of the 66k level. BTC given a heathy correction to the 66k support where we also had a strong daily 21 EMA support as-well level. BTC after grabbing the liquidity from the 66k level given a reversal. Now the next strong resistance level for the BTC will be the 70k level For the further bullish momentum of BTC it needs a to flip this strong resistance level of 70k. The 66k level will still act as strong support level for #BTC. As we have a weekly closure tomorrow so volatility is expected a closure above the 66k level will be a positive sign if the closure is below then it will be not good. thanks
#btc70k #BTC☀️ #Analsis $BTC

Analysis

#BTC UPDATE:

BTC after rejecting from the #70k strong resistance level rejected to the strong support level of the 66k level.

BTC given a heathy correction to the 66k support where we also had a strong daily 21 EMA support as-well level.

BTC after grabbing the liquidity from the 66k level given a reversal.

Now the next strong resistance level for the BTC will be the 70k level

For the further bullish momentum of BTC it needs a to flip this strong resistance level of 70k.

The 66k level will still act as strong support level for #BTC.

As we have a weekly closure tomorrow so volatility is expected a closure above the 66k level will be a positive sign if the closure is below then it will be not good.

thanks
bullrun start $BTC #70k target
bullrun start $BTC #70k target
🚨BIG BREAKING 💥😂🚨 BITCOIN IS NOW AT PRICE DISCOVERY ABOVE $69,000 SEND IT HIGHER🚀🚀 #bitcoin #ATH #70k 🌟 #Btc $BTC
🚨BIG BREAKING 💥😂🚨

BITCOIN IS NOW AT PRICE DISCOVERY ABOVE $69,000

SEND IT HIGHER🚀🚀

#bitcoin #ATH #70k 🌟 #Btc $BTC
See original
BTC Price Increase (+3.18%): Bitcoin price is currently increasing by 3.18%. This indicates a positive market sentiment in the short term, which may be due to increased demand or positive news related to Bitcoin. 2. Large Buy Order Dominance: Large buy orders dominate, with a total of 18,419.9834 BTC compared to 17,575.3298 BTC for large sells. This indicates that there is more buying in large sizes, which could be a sign of accumulation by institutional investors or large traders. 3. Positive Inflow: BTC inflow in the last hour reached 764.9170 BTC, which means more BTC is entering the platform, possibly due to more buying interest or BTC deposits for further transactions. This indicates a potential short-term price increase due to increased liquidity. 4. 5-Day Large Inflow Decline (-3,658.1473 BTC): While there was a large drop in inflow over the past few days, the last day saw a reversal, with inflows of 936.5131 BTC. This may signal the end of the downtrend and a potential recovery. 5. Medium and Small Orders Balanced: The number of medium and small orders is fairly balanced between buys and sells. This indicates consistent trading activity, with no sharp movements from small and medium traders. Short-Term Takeaways: There is a positive sentiment developing, as seen by the price increase and the dominance of large buy orders. However, there is still volatility from previous days that needs to be considered. If buying pressure continues to increase and BTC inflows remain positive, there is potential for Bitcoin price to continue rising in the near term. On the other hand, traders should be wary of rapid changes in sentiment as the crypto market is notoriously volatile #BTC #binance #CryptoPrices #70k $BTC
BTC Price Increase (+3.18%):

Bitcoin price is currently increasing by 3.18%. This indicates a positive market sentiment in the short term, which may be due to increased demand or positive news related to Bitcoin.

2. Large Buy Order Dominance:

Large buy orders dominate, with a total of 18,419.9834 BTC compared to 17,575.3298 BTC for large sells. This indicates that there is more buying in large sizes, which could be a sign of accumulation by institutional investors or large traders.

3. Positive Inflow:

BTC inflow in the last hour reached 764.9170 BTC, which means more BTC is entering the platform, possibly due to more buying interest or BTC deposits for further transactions. This indicates a potential short-term price increase due to increased liquidity.

4. 5-Day Large Inflow Decline (-3,658.1473 BTC):

While there was a large drop in inflow over the past few days, the last day saw a reversal, with inflows of 936.5131 BTC. This may signal the end of the downtrend and a potential recovery.

5. Medium and Small Orders Balanced:

The number of medium and small orders is fairly balanced between buys and sells. This indicates consistent trading activity, with no sharp movements from small and medium traders.

Short-Term Takeaways:

There is a positive sentiment developing, as seen by the price increase and the dominance of large buy orders. However, there is still volatility from previous days that needs to be considered.

If buying pressure continues to increase and BTC inflows remain positive, there is potential for Bitcoin price to continue rising in the near term. On the other hand, traders should be wary of rapid changes in sentiment as the crypto market is notoriously volatile
#BTC #binance #CryptoPrices #70k $BTC
🚨MAROSCA🔥 ⚽️🐶Meme Coin Marosca Set To Launch🚀 On BNB Chain on🗓 june 5th 🕒14:00UST time ⚽️🐶The coin is named after Cristiano Ronaldo's beloved Labrador’s dog, Marosca ⚽️🐶what is your prediction about this Coin will it pump like Not coin or dump ????????? ⭕️Do Follow for more updates, trading tips and Profitable Signals 🤑💸🚀 #70k #altcoins #BinanceLaunchpool #BinanceSquareFamily
🚨MAROSCA🔥
⚽️🐶Meme Coin Marosca Set To Launch🚀 On BNB Chain on🗓 june 5th 🕒14:00UST time
⚽️🐶The coin is named after Cristiano Ronaldo's beloved Labrador’s dog, Marosca
⚽️🐶what is your prediction about this Coin will it pump like Not coin or dump ?????????
⭕️Do Follow for more updates, trading tips and Profitable Signals 🤑💸🚀
#70k #altcoins #BinanceLaunchpool #BinanceSquareFamily
Will Bitcoin Kill $70K on This Uptober? As we know it's already several time BTC try to kill the price of $70K but always failed to created new support on $70K. Will Bitcoin Kill $70k on this Uptober? Leave the comment what's your idea? #BTC☀ #writetoearn #crypto2024 #70k
Will Bitcoin Kill $70K on This Uptober?
As we know it's already several time BTC try to kill the price of $70K but always failed to created new support on $70K.
Will Bitcoin Kill $70k on this Uptober? Leave the comment what's your idea?
#BTC☀ #writetoearn #crypto2024 #70k
Will Bitcoin Kill $70K on This Uptober? As we know it's already several time BTC try to kill the price of $70K but always failed to created new support on $70K. Will Bitcoin Kill $70k on this Uptober? Leave the comment what's your idea? #BTC☀ #writetoearn #crypto2024 #70k
Will Bitcoin Kill $70K on This Uptober?

As we know it's already several time BTC try to kill the price of $70K but always failed to created new support on $70K.

Will Bitcoin Kill $70k on this Uptober? Leave the comment what's your idea?

#BTC☀ #writetoearn #crypto2024 #70k
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Bullish
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