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Bull Maverick
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TRADER, exploring Blockchain and DeFi. BTC, ETH, SOL, & THORCHAIN.
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$BTC update "For Bitcoin to reverse its downward trend, it needs to close the weekly candle above 65,000. Given its current downward channel pattern, a strong weekly breakout with significant volume is essential. A successful breakout could also complete a cup and handle or inverse head and shoulders formation. As October approaches, we're poised for a potentially exciting market movement." #FOMC #BTC☀ #TrumpFirstBTCUse #BTCReboundsAfterFOMC
$BTC update
"For Bitcoin to reverse its downward trend, it needs to close the weekly candle above 65,000. Given its current downward channel pattern, a strong weekly breakout with significant volume is essential. A successful breakout could also complete a cup and handle or inverse head and shoulders formation. As October approaches, we're poised for a potentially exciting market movement."
#FOMC #BTC☀ #TrumpFirstBTCUse #BTCReboundsAfterFOMC
$RUNE (#THORChain ) must close above $5 to end its downtrend and signal a potential uptrend. Watch for resistance at $5, $6.3-$6.4, $7-$7.3, $8.8-$9.2, $10.2, and $11.4. For hodlers, patience is key as market conditions and manipulations can influence price. Target for this Falling wedge pattern is around $10. #CryptoMarketMoves #BTC☀ #Write2Earn!
$RUNE (#THORChain ) must close above $5 to end its downtrend and signal a potential uptrend. Watch for resistance at $5, $6.3-$6.4, $7-$7.3, $8.8-$9.2, $10.2, and $11.4. For hodlers, patience is key as market conditions and manipulations can influence price.
Target for this Falling wedge pattern is around $10.
#CryptoMarketMoves #BTC☀ #Write2Earn!
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Bullish
What's happening 👀 Trump is leading this election by 52%, later he will be the biggest reason to start upcoming rally, Black rock is now holding $1B worth of $ETH , whales are accumulating $BTC , interest rate will cut in September, Alts are preparing to explode đŸ”„, Retailers are almost gone, Smart money is buying. Now see what you're doing at this time 👀 #BlackRockETHOptions #CryptoMarketMoves #Bitcoin❗
What's happening 👀
Trump is leading this election by 52%, later he will be the biggest reason to start upcoming rally, Black rock is now holding $1B worth of $ETH , whales are accumulating $BTC , interest rate will cut in September, Alts are preparing to explode đŸ”„, Retailers are almost gone, Smart money is buying.
Now see what you're doing at this time 👀
#BlackRockETHOptions #CryptoMarketMoves #Bitcoin❗
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Bearish
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Bull Maverick
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MT.GOX is currently repaying to there customers, they are the reason of dumping😔, don't worry😌 Bitcoin is still forming Bull Flag and rejected from upper resistance trend line, once this pattern will play out we will see $1100000 Easily 🚀.
support levels
$63800
$62400
$60200
$58400
#Bitcoin_Coneference_2024 #MtGoxJulyRepayments #BTC☀ #ETH_ETFs_Trading_Today #HODLHODL
#WeeklyMarketHighlights Technical Analysis: The weekly candle closed at 68,165, forming a significant green candle. BTC's dominance also closed at 55.39%. Currently, $BTC is developing a classic cup and handle pattern, with a projected target around $120000. However, a double top pattern is also present on the weekly chart. If BTC breaks above $71,000 in the next weekly candle, the double top will be invalidated, confirming the cup and handle pattern. Fundamental Analysis: On Sunday, U.S. President Joe Biden announced he will end his campaign. This development suggests that the upcoming election could favor Donald Trump, which is seen as a bullish signal for the crypto market. #uselections #BullRunAhead #Biden #donaldtrump
#WeeklyMarketHighlights
Technical Analysis:

The weekly candle closed at 68,165, forming a significant green candle. BTC's dominance also closed at 55.39%. Currently, $BTC is developing a classic cup and handle pattern, with a projected target around $120000. However, a double top pattern is also present on the weekly chart. If BTC breaks above $71,000 in the next weekly candle, the double top will be invalidated, confirming the cup and handle pattern.

Fundamental Analysis:

On Sunday, U.S. President Joe Biden announced he will end his campaign. This development suggests that the upcoming election could favor Donald Trump, which is seen as a bullish signal for the crypto market.
#uselections #BullRunAhead #Biden #donaldtrump
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