btcUSDt

Bitcoin (BTCUSD) quickly invalidated the Crypto Reserve rally by Trump and finds itself again on the 1D MA200 (orange trend-line) for the 2nd time in 5 days and 3rd since October 14 2024. The key technically development that we should concentrate at is the failure to break above the 1D MA50 (blue trend-line) during Sunday's rally, as it is the level the price was being rejected throughout the whole February.
Until BTC breaks and closes above the 1D MA50, we can't expect a justifiable recovery. We are also on the 0.382 Fibonacci retracement level from the August 05 2024 Low. The last time the price was trading on those parameters was in late August 2023. More specifically, yesterday's 1D MA50 rejection resembles the August 29 2023 one, which came after a vastly oversold 1D RSI on August 18 2023, similar to the oversold RSI of February 26 (last Wednesday).
During this price action, it took Bitcoin exactly 1 month from the RSI bottom to break again above its 1D MA50, starting a rally that initially broke marginally above the -0.5 Fibonacci extension before a new 1D MA50 pull-back.
As you can see, the similarities between the two main phases of since the 2022 bottom are striking. Both started on a Channel Down and after the first Higher Lows formation, formed the Channel Up that was confirmed upon a 1D Golden Cross. It has to be highlighted that the 1W MA50 (red trend-line) has been holding since March 14 2023, it even supported during the August 2023 bottom formation and provided a massive bounce on the August 05 2024 low. With the 1W MA50 currently at 75070 and rising, it is natural to assume that it is the ultimate Support level.
As a result and based on all the above conditions, it is possible to see Bitcoin consolidate sideways in an attempt to cement the bottom for the majority of March. A break above the 1D MA50 either then or earlier, would be a technical bullish break-out confirmation. The rally that will follow can technically reach $160000, which is just below the -0.5 Fibonacci extension.
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#BTC #bitcoin #BTCUSDT #BTCUSD #signals

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COIN NAME- #BTCUSDT #BTCUSDTAnalysis
SIGNAL TYPE- LONG
Free Signal down to my POST.

We can see on BTCUSDT chart at 30mins timeframe that ,it got bounced back from the support line. It can go long to touch it's resistance at price 91,222. Then we can see a different scene at that price.

We can see on the chart that USDT Dominance is bearish .It has got rejection from the Golden Pocket under Fibbo-Retracement . Hopefully we can see a rejection from here. So that we can expect a Pump on Crypto Market !

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ENTRY PRICE- 89,987
1ST TAKE PROFIT- 91,189
2ND TAKE PROFIT- 91,222
$BTC

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COIN NAME- #BTCUSDT
SIGNAL TYPE- SHORT
ENTRY PRICE- 91,700
1ST TP- 89,980
2ND TP- 89,660
The BTC/USDT 4H chart shows a descending trendline rejecting the recent rally, signaling strong resistance. RSI is cooling off after reaching overbought levels, suggesting weakening bullish momentum. Unless BTC breaks above this resistance decisively, the trend remains bearish. A rejection here could lead to another leg down, while a breakout may trigger upside continuation. Caution is advised.

We can see that there is a bounce back from the support zone. USDT dominance can go long , so that means from here we get a confirmation that there will e a dump on Crypto market.