The bearish trend continues with lower highs and lows, signaling caution. We're seeing strong support around $53,500, while resistance looms at $68,500. A recent bounce from $56K-$57K hints at potential movement, but a break below $56K could lead to a test of $51K-$53K support.

⚠️ Short-Term Outlook: Resistance zones to watch are $60K-$61K, $63K, $64.5K, and $67K-$68.3K. Despite the bearish outlook, a bullish divergence on the 2-hour chart suggests a possible short-term relief rally in the next day or two.

Stay sharp! 📊
#Crypto #TradingAnalysis #Bitcoin

🚨Bitcoin Market Update🚨

In the last 24 hours, not much has happened on the crypto market. However, the 4-day Supertrend on $BTC is still bearish!📉

We are currently witnessing an enormous declining and broadening Wedge pattern, with resistance at 68.5k thousand dollars and support at 53.5k.
If Bitcoin does not exceed that resistance, it will continue making higher lows and lower highs as usual.⚠️

A breakout above this resistance could trigger a major bullish move!🔥
Nevertheless, until we witness such a movement, one should remain cautious and watch these levels closely!
🚀

#Bitcoin❗ #Crypto $BTC BTC

#Bitcoin bounced from the expected support level.

We are now approaching the critical resistance level at $70k.

A major bullish rally is expected to kick off once we break through the $70k - $73k resistance. 🚀

#Crypto #Bitcoin❗ $BTC

🚨 $NOT is forming a Symmetrical Triangle Pattern on the 4H chart, which is typically a continuation pattern.

📈 Entry Point: CMP and Accumulating up to $0.013

🎯 Targets:

Midterm Goal: $0.020
Long-Term Goal: $0.074

Trading Options: $NOT is available for trading in both the spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.012.

📊 About $NOT :
NOT is a promising project in the crypto space, aiming to revolutionize transactions with its innovative technology. Their mission is to provide seamless and secure transactions across different networks.

📢 DYOR, NFA
#Crypto #Cryptocurrency #CryptoMojo $NOT

🚨 $SAGA is forming a Symmetrical Triangle Pattern on the 1H chart, which is typically a continuation pattern.

📈 Entry Point: CMP and Accumulating up to $1.4

🎯 Targets:

Midterm Goal: $1.80
Long Term Goal: $2.20
🔄 Trading Options: $SAGA is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $1.32.

📊 About $SAGA :

SAGA is a promising project in the crypto space, aiming to revolutionize transactions with its innovative technology. Their mission is to provide seamless and secure transactions across different networks.

📢 DYOR, NFA

#Crypto #trading

The #bitcoin☀️ ETF has experienced net inflows for 7 consecutive days.

🚨 $NFP forms a Bullish Reversal Pattern on the 2H chart, confirmed by a breakout above the trendline.

📈 Entry Point: Consider entering the trade around $0.2728.

🎯 Targets:

Midterm Goal: $0.3400 (approx. 24.6% increase)

Stop-loss at $0.2502

📊 About $NFP :

NFP is showing strong potential with its recent price action. It's a noteworthy project in the DeFi space, focusing on enhancing the efficiency and security of perpetual contracts on the Binance platform.

📢 DYOR, NFA

#Crypto #trading

#bitcoin☀️ is looking beautiful!

Historical patterns show the potential for massive gains for $BTC
Are you ready for the next leg up?

#Crypto

Yesterday, US spot #Bitcoin ETFs reported $ 310 million in net inflows, the largest influx in three weeks.

#Crypto #Bitcoin❗

🚨 $BTC Alert: Important Chart to Monitor 🚨

Keep an eye on the 56K level in this 4D chart.

The super trend point of invalidation for this longterm bullish move sits around 56K a critical level to hold!

If we see a 4-day candle close below 56K, it could signal a bearish reversal, just like in December 2021.

Stay vigilant!
#Crypto #BTC☀ #Bitcoin❗ $ETH $BTC

#BTC Update

BTC closed the daily candle at $58,216, just below the resistance level.

A 20-30% drop is normal during a bull market. Handling these corrections can lead to a substantial rise soon. However, $58,300 and $60,000 are important resistance levels that need to be cleared.

Stay tuned for more updates.

#Crypto #Bitcoin❗ $BTC $ETH

🚨 Crypto Market Sentiment Alert 🚨

📉 The Fear & Greed Index is now at 29 (Fear). Market sentiment is shifting, indicating caution among traders.

💡 Last Month: Greed (75)
💡 Last Week: Neutral (47)
💡 Yesterday: Fear (44)

#Crypto #Bitcoin❗

🚨 #Bitcoin Alert 🚨

Bitcoin has broken a crucial support level of around $56,500, now heading towards $54,400. 📉 A further drop might be imminent if it doesn't reclaim this support soon.

BTC needs to hold this important support level to avoid more downside pressure.

Stay cautious! 🚨

#Crypto #Bitcoin❗ #BTC☀ $BTC

🚨 BTC Update 🚨

BTC has experienced a drop and is currently holding steady above the $57,900–$56,500 support zone.

🔍 The daily candle closing is crucial here, so keep an eye on it.

BTC needs to hold this support to move forward. If BTC closes a daily candle below the $56,500 support, it will be a warning sign for us.

Stay tuned and monitor the daily candle close!

#Bitcoin❗ #Crypto $BTC

BTC UPDATE

BTC is trading at $61,500, nearing a critical support level at $60,000. We have a rising trendline, the 200 EMA, and the lower trendline of this expanding triangle also acting as support.

After 7 consecutive days of outflows in Bitcoin ETFs, yesterday saw $31 million in inflows, which is positive for bulls.

In the long term, I am bullish on BTC. We may see some short-term corrections in price, potentially down to $54,000 in the worst case, but that will be the best time to buy BTC.

The funding rate is negative at -0.11%, which is a positive sign for bulls.

Stay tuned for more updates.

#BTC☀ #Bitcoin❗ #crypto $BTC

📈 US Bitcoin ETFs Inflow Surge! 🇺🇸

After 7 consecutive days of outflows, Bitcoin ETFs witnessed a remarkable $31 million inflow yesterday! 📊🚀

Stay ahead of the market trends. 📉📈

#Bitcoin❗ #ETFsApproval #CryptoMarket

🚨 Bitcoin Market Update 🚨

In the last 24 hours, we've seen a significant liquidation of positions around $63K, with additional liquidations just below this level. 📉💥

🔥 Key Points:

Liquidity Building at $60K
Next Upside Liquidity: $64.9K - $65K
More Short Liquidity: ~ $66.5K

🔍 Trend Alert: The short-term trend for Bitcoin is currently leaning more bearish than bullish. Stay informed and trade wisely! 💡

#Bitcoin❗ #Crypto $BTC $ETH

🚨 Time for the accumulation of whales to respond! 🚨

Check out my latest analysis on UTXO in profit (%) during last year's consolidation phase.

Despite the current price consolidation, UTXO in Profit (%) is breaking away from its low point. 📈

This signals that accumulation whales might respond to market fear, indicating a potential V-shaped rebound. 🐋🔄

Stay informed and prepared! 💪

#Crypto #Bitcoin❗ $BTC

📉 The market is finally in fear. 📉

📊 The Fear & Greed Index is currently at 30, signaling a strong shift in sentiment. 

#Crypto #MarketUpdates"

🚨 Bitcoin Market Update 🚨

📉 BTC is trading at $61,211, nearing a critical support level at $60,000 within a Descending Triangle pattern.

🔍 Key insights:

Support: $60,000
Resistance: $72,000
EMA: $64,218
Funding Rate: -0.11%

💡 Buying opportunity at current levels with long-term uptrend in play. 📈

#Bitcoin❗ #Crypto $BTC