The market started moving as expected on Monday, with Bitcoin experiencing another surge and reaching the resistance area. However, the price is facing heavy selling at this level and is struggling to break through. It remains to be seen how BTC will react to this resistance. If it manages to break above $65,000, it will likely head towards the all-time high resistance of $69,000-$70,000. The support level remains unchanged.
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FTT analysis:

The price was unable to break through the resistance area and encountered a lot of selling pressure. We will likely see a test of the support area in the next few days, which could be an opportunity for new entries. You can place your buy orders within the support area.

Support Area: $1.65-$1.75

Resistance Area: $2.18-$2.22

#FTT/USDT #BTC #CryptoWatchMay2024 #aPharmacist

The #crypto market appears to have entered the “hope” phase in the psychology of a market cycle! Take any correction as an opportunity to buy the $BTC dip.
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#aPharmacist

Bitcoin experienced a significant drop in price due to the escalating tensions between Iran and Israel. The price tested a critical support level but managed to rebound from there. To preserve its bullish structure, BTC must hold this support level. A break beneath it could result in more market panic. It is recommended to set tight stop-losses on all open positions.

Support Area: $59,000-$60,000
#SHIB #BTCHalvingApril2024 #Marketupdate #write2earn
#aPharmacist

BCH has now reached the support area. Price needs to hold this level otherwise see heavy sell-off in the market. You can open a small long position here with tight stop loss.

Support Area: $445-$460

Next Support Area: $340-$360
#BTC #BCH. #Megadrop #aPharmacist

IMX analysis:

The price of IMX is currently oscillating within a range defined by support and resistance levels. At present, the market is in a consolidation phase, indicating a neutral stance for traders. It's advisable to await a confirmation of the price action at the resistance level before considering any trading positions.

Support Area: $1.65-$1.80

Resistance Area: $2.45-$2.60

#BTC #IMXUSDT #altcoins #aPharmacist

SEI analysis:

Price is currently trading within a triangle pattern, and we are approaching a crucial decision point. The breakout of this triangle pattern will determine the next market movement. A breakout in the upward direction will likely push the price towards the next resistance area. Consider opening a small long position at the support area with a tight stop loss.

Support Area: $0.497-$0.51
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Bitcoin experienced another drop in price due to the recent war news, but it managed to hold the $65,000 level which is a good sign as it shows that the price is holding at a support area. The market is currently in an uncertain zone and we anticipate this to continue until the halving event occurs. It is recommended to use tight stop losses in all open positions.
#BullorBear #SHIB #BTCHalvingApril2024
#aPharmacist

JUP is slowly approaching the resistance area. Let's observe how the price reacts when it reaches the resistance area. Only consider opening long positions if the price breaks and closes above the resistance area.

Support Area: $0.835-$0.895

Resistance Area: $1.14-$1.22
#BTC #JUPUSDT #aPharmacist

Bitcoin has broken the downtrend channel and is moving upward on lower time frames. Currently, the price is attempting to surpass the resistance area. If BTC can successfully break and maintain its position above the resistance area, we can expect a continuation of the upward trend.

Resistance Area: $64,500-$65,500

#BTC #Marketupdate #aPharmacist

ETH (ANALYSIS)

Same bias here as in BTC, if price get rejected from marked supply zone and seller show aggression here then move towards downside will trigger in it.
#Ethereum #eth #binance

#aPharmacist

BTC (ANALYSIS)

Price is consolidating under marked liquidity trendline and also heaving supply zone that is action as resistance zone, expecting nuke from here towards downside.
#BTC🔥🔥 #BTC #ANALYSIS #bitcoin

#aPharmacist

The TOTAL crypto marketcap has reached a major resistance level at $1.30-$1.35 trillion. Breaking above this resistance level would propel the price towards the $1.50-$1.55 trillion resistance area.
#marketcap #TOTALMARKETCAP #BinanceSquareTalks #BTC🔥🔥

#aPharmacist

⚡️ JUST IN: Bitcoin has surpassed the 🇨🇭 Swiss Franc to become the 13th largest currency in the world.
#BTC #writetoearn #HotTrends
#aPharmacist

As the price of #Bitcoin increases, there's a noticeable decline in the creation of new $BTC addresses daily.

This trend points towards a lack of retail participation in the current #BTC bull rally, suggesting that the recent price action is primarily fueled by institutional demand.
#Write2Earn #BTC‬ #TrendingTopic
#aPharmacist

Bitcoin is currently attempting to hold the trendline and it remains to be seen how the price will react. The major support area is currently between $59,000-$60,000, while the resistance levels have remained unchanged. We may witness a significant market movement next week.
#BTC #buythedip #bitcoin #Marketupdate
#aPharmacist

💰 For those who are looking for SPOT Entry :

The average pullback this cycle has been -20%.

If bitcoin corrects from its current position, that would put it around $44,000 📉

If bitcoin corrects from $60,000, it could land around $48,000 📉
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#aPharmacist

💰 Historically, Bitcoin tends to experience a drop after reaching its previous high, making it the last chance to buy before price discovery 🚀

-20% drop will be good buying opportunity. Anything beyond that could be seen as a Gift.

And expect 2x-3x more Discount in alts than bitcoin.
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#aPharmacist

💰 #Bitcoin reaches a new all-time high in 14 of the G20 nations
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#aPharmacist

In February, BTC outflows from centralized exchanges surged, indicating a growing demand for Bitcoin. Additionally, with the upcoming halving reducing new supply, we could be on the brink of witnessing the most significant bull run yet.
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#aPharmacist