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Itâs happening, guys! I hope this turns out to be a retest on the weekly timeframe. Iâm expecting a rejection, or what could be considered a retest (according to the weekly timeframe), down to $62k. What do you guys think? #BTC #CryptoNewss #BTCâ $BTC
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Hello, traders! Today, weâre going to analyze BTC in a weekly timeframe. In the next 7 hours, BTC will likely confirm a major breakout with a weekly close above the parallel channel resistance. BTC has been attempting to break above this resistance for quite some time, and it looks like the breakout is finally happening. A weekly close above the resistance will confirm a major bullish scenario for Bitcoin, setting its primary target at the all-time high of $73.7k. On the daily timeframe, BTC is at a critical resistance, and a daily close above it will provide double confirmation. Weâll wait for the weekly close and see what BTC has in store. Trade safely! #CryptocurrencyAnalysis #BTC #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
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#BTC Update: BTC is right at resistance, and as mentioned earlier, it needs a daily close above this level to continue the bullish rally and set a new target of $73.7k (All-Time High). Only 8 and a half hours are left for the daily candle to close, which will determine the next move. I suggest staying cautious with your trades and making wise decisions. While BTC may be showing bullish signs, don't ignore the overbought range in the RSI and the Fear and Greed Index, which has been in the "greed" zone for the past two days. Trade safely. #CryptocurrencyAnalysis #BTCâ $BTC #BinanceTurns7 #WeAreAllSatoshi #Write2Earn!
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I AM NOT FEELING GOOD ABOUT THIS! On the daily timeframe, BTC is showing signs of rejection. If this rejection plays out, be prepared to see BTC drop to $62k, where the 100 EMA provides support. The RSI indicates weak momentum and will likely reach the oversold zone. The only way we could see a positive move is if BTC breaks out and closes above $68k on the daily chart, which could then target the all-time high range. Until then, a bearish scenario is likely. Please make sure to do your own research and analysis before making any decisions. Trade safely. #BTCâ #CryptocurrencyAnalysis #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
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Guys, here's the latest update on Bitcoin! Click the link to check it out. It's a 4-minute long video. Please show your support by subscribing, liking, and sharing it. Regards, Team Dexter. #BTCâ #BinanceTurns7 #WeAreAllSatoshi #Write2Earn! $BTC
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