DAILY UPDATE
March 25, 2024
Total Market Cap : $2.65T🔵
Trading Volume (24H) : $110B🔵
BTC Dominance : 52%🔵
ETH Dominance : 16.3%🔴
MARKET BIAS
Short-Term (1-2 Days) : Neutral⚪️
Mid-Term (1-4 Weeks) : Neutral⚪️
Long-Term (12 Months) : Bullish🔵
$BTC : 69,900$
BTC has completed the up move towards 70K -71K level according to previous analysis, from now on market shall be observed carefully, BTC might wanna visit lower levels such as 62K and lower in order to complete the corrective move following that rising wedge pattern, The first signal for such a dump is crossing below the trendline indicated with arrow!
also, we should also keep in mind that predicting corrective moves is really difficult and the final result might be different!
for now we must observe price reaction to 70K - 72K level
#MARKETUPDATE VIP (our trades have gained higher profits as mentioned earlier today)
KEY $BTC RESISTANCE: $70k - 72k level
KEY $BTC SUPPORT: $66.5k - $68.7k area
Stay Safu Brothers, We Are Family.
@BitcoinBears77