LIVE
Bitcoin Quick Update Today| #50th Update
Good Evening, traders. I trust you've been profitable by staying updated on our previous analyses. You'll know the market conditions and movements. So don't forget to click the follow button ✅
Now BTC showing a bullish momentum according to the 4h chart & 1h chart.
Bitcoin is currently trading at $70740
I've included charts for 1D, 1W, and 4H timeframes below for reference.
👉 From my analysis, a correction to around $70500 or even as low as 70200 70000 seems probable in the coming hours. If the support at holds, we may see another pump with targets at $71800 and potentially $72000, 73760 Finall target and liq level for all short traders.
👉 Failing to maintain the 70000 support could lead to further downside, with 69800, 69500, 69300, and 68500 targets.
JOIN LIVE For Premium Signals 🔥💰
👉 Notably, the One-Week heatmap shows a significant number of liquidation orders at $66750, totaling $645.70 million, while the $72000 area holds $440.74 million in short liquidation orders.
📍SHORT liquidation at 72000$
📍LONG Liquidation at 66750$
👉 Whales are actively involved in both sides' stop-loss hunts, so they usually hunt downside $66750 - $645.70 million first and then upside, making the $66500 area a key level to watch. Whales will shake out the retail and beginner traders, then make NEW ALL-TIME (ATH) possible.
👉 BTC breaks the Symmetrical Triangle on the 4-hour timeframe. The current trading action suggests a potential pump followed by a trendline retest. A successful retest could propel the price towards 72400 and even $73000.
According to the 4-hourly chart.
4h Chart
📍- Resistance: $71350
🟢- Support: $69950
According to the 1-hourly chart.
1h Chart
📍- Resistance: $71500
🟢- Support: $70000
Considering the retest, there are two scenarios:
1. A successful retest could lead to a rally towards $73000 ---> $82000
2. However, if the retest fails, we might see a decline towards $66500.
LIVE
Good Evening, traders I trust you've been profitable by staying updated on our previous analyses. you'll know the market conditions and movements. so don't forget to click follow button ✅
Now BTC showing a bullish momentum according to 4h chart & 1h chart.
Bitcoin is currently trading at $69300
I've included charts for 1D, 1W, 1M, and 4H timeframes below for reference.
👉 From my analysis, a correction to around 69000 or even as low as 69800 seems probable in the coming hours. If the support at 69750 holds, we may see another pump with targets at 69600 and potentially $69800.
👉 Failing to maintain the 50000 support could lead to further downside, with targets at 49600, 49500, 49300, and 48500.
👉 Notably, in 1 Week heatmap showing a significant amount of liquidation orders at $70200, totaling $598.61M, while the $65400 area holds $440.74 Million Long liquidation orders.
📍SHORT liquidation at 70200$
📍LONG Liquidation at 65400$
👉 Whales are actively involved in both sides stoploss hunt, so first hunt down side then up side usually, making the $65400 area a key level to watch. but this time Think Whale play different from we think because halving period loading nearly ... so NEW ALL TIME (ATH) possible.
👉 BTC TRADING in Symmetrical Triangle on the 4-hour timeframe. The current trading action suggests a potential pump followed by a retest of the trendline. A successful retest could propel the price towards 74000 and even $75000.
According to the 4-hourly chart.
4h Chart
📍- Resistance: $69600
🟢- Support: $69250
According to the 1-hourly chart.
1h Chart
📍- Resistance: $69500
🟢- Support: $69300
Considering the retest, there are two scenarios:
1. A successful retest could lead to a rally towards $75000.
2. However, if the retest fails, we might see a decline towards $67800.
Even if 20,000 people seeing this post, only 1% will follow & like this post because they want to learn for earn. I hope you're one of them. I don't know why 99% are not following me 😃.
