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OSAMAosamaa

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Occasional Trader
1.6 Years
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21 may
Alcista
As of May 21, 2025, Bitcoin (BTC) is exhibiting a bullish pattern on the 4-hour chart, indicating potential for further upward movement. Current Chart Pattern: Rising Channel Formation: BTC is trading within a rising channel, with the upper boundary near $108,000. This pattern suggests a continuation of the uptrend, provided the price remains within the channel. CryptoPotato Bullish Consolidation: The price action shows a "high and tight" consolidation, a classic bullish continuation pattern. This indicates that buyers are absorbing selling pressure, maintaining control over the market. TradingView Key Levels to Watch: Immediate Resistance: $108,000 is the current resistance level. A breakout above this could signal a move towards new highs.CryptoPotato Support Levels: $104,000 serves as short-term support, aligning with a fair value gap. A drop below this could expose the $100,000 support zone. CryptoPotato Next Price Targets: Short-Term Target: A successful breakout above $108,000 could lead BTC to test its previous all-time high around $109,000. TradingView Medium-Term Target: If bullish momentum continues, the next significant resistance lies near $110,150, with potential to reach $113,000. TradingView+3TradingView+3TradingView+3 Technical Indicators: Relative Strength Index (RSI): The RSI is cooling off from overbought levels but remains in bullish territory, suggesting room for further upside. CryptoPotato Volume and Open Interest: High trading volumes and record futures open interest indicate strong market participation and confidence. Conclusion: The 4-hour chart for BTC shows a bullish structure with potential for further gains. Traders should monitor the $108,000 resistance level closely, as a breakout could lead to new all-time highs. However, caution is advised if the price falls below the $104,000 support, which could indicate a shift in momentum. #BTC #BinanceAlphaAlert #binancepizza #btctrend
As of May 21, 2025, Bitcoin (BTC) is exhibiting a bullish pattern on the 4-hour chart, indicating potential for further upward movement.

Current Chart Pattern:

Rising Channel Formation: BTC is trading within a rising channel, with the upper boundary near $108,000. This pattern suggests a continuation of the uptrend, provided the price remains within the channel. CryptoPotato

Bullish Consolidation: The price action shows a "high and tight" consolidation, a classic bullish continuation pattern. This indicates that buyers are absorbing selling pressure, maintaining control over the market. TradingView

Key Levels to Watch:

Immediate Resistance: $108,000 is the current resistance level. A breakout above this could signal a move towards new highs.CryptoPotato

Support Levels: $104,000 serves as short-term support, aligning with a fair value gap. A drop below this could expose the $100,000 support zone. CryptoPotato

Next Price Targets:

Short-Term Target: A successful breakout above $108,000 could lead BTC to test its previous all-time high around $109,000. TradingView

Medium-Term Target: If bullish momentum continues, the next significant resistance lies near $110,150, with potential to reach $113,000. TradingView+3TradingView+3TradingView+3

Technical Indicators:

Relative Strength Index (RSI): The RSI is cooling off from overbought levels but remains in bullish territory, suggesting room for further upside. CryptoPotato

Volume and Open Interest: High trading volumes and record futures open interest indicate strong market participation and confidence.

Conclusion:

The 4-hour chart for BTC shows a bullish structure with potential for further gains. Traders should monitor the $108,000 resistance level closely, as a breakout could lead to new all-time highs. However, caution is advised if the price falls below the $104,000 support, which could indicate a shift in momentum.

#BTC #BinanceAlphaAlert #binancepizza #btctrend
bro it sign of a bull check out
bro it sign of a bull check out
5 abr
am lucky or Not Small Profit but am happy
12 oct 2024
27 sep 2024
28 ago 2024
Bajista
21 jun 2024
21 jun 2024
#zk target 1 completed
#zk target 1 completed
17 jun 2024
12 jun 2024
Alcista
so far #io is performing well and it has reached its all time high 6.02 O the basis of our analysis we are predicting that it will reach 7$ in 1 to 2 days. So keep your emotions calm.#io #iousdt #BTCFOMCWatch
so far #io is performing well and it has reached its all time high 6.02
O the basis of our analysis we are predicting that it will reach 7$ in 1 to 2 days.
So keep your emotions calm.#io #iousdt #BTCFOMCWatch
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