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TRADER, exploring Blockchain and DeFi. BTC, ETH, SOL, & THORCHAIN.
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what comes next 👀 $BTC hit new ATH, there is a perfect pullback from Bull flag support, now this pull back confirms the breakout of CUP n HANDLE, INVERSE HEAD n SHOULDER, and BULL FLAG patter, they are showing the Targets around $100k to $115k. look at the chart 📈 there is a after election analysis that comes from past behavior of market after elections, which shows the probability of price around $120k. Now look into $usdt dominance which is currently holding 4.8, we can see clearly the breakout of symmetrical triangle towards down side showing the potential downward momentum showing the Target around 1.5%. #BTCBreaksATH
what comes next 👀
$BTC hit new ATH, there is a perfect pullback from Bull flag support, now this pull back confirms the breakout of CUP n HANDLE, INVERSE HEAD n SHOULDER, and BULL FLAG patter, they are showing the Targets around $100k to $115k.
look at the chart 📈 there is a after election analysis that comes from past behavior of market after elections, which shows the probability of price around $120k.
Now look into $usdt dominance which is currently holding 4.8, we can see clearly the breakout of symmetrical triangle towards down side showing the potential downward momentum showing the Target around 1.5%.
#BTCBreaksATH
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#THORChain. $RUNE breakout is confirmed at 4h TF ready for $6.2 .
we are accumulating Rune to make our generational wealth 🤑
yes we will do it 🤠
stay connected to get some value
good luck 💯
#BTCBreaks66K #altsesaon #GrayscaleConsiders35Cryptos #BullRunAhead
$BTC UPDATE Bitcoin has recently experienced a significant decline but is now attempting to recover. After hitting a low of $65,500, it has rebounded and is currently testing a crucial Fibonacci level. With a market capitalization of $2.32 trillion and a slight increase of 0.1% in the past 24 hours, the next important price target is $69,500. If Bitcoin surpasses this level, it could potentially reach $76,000. A notable development is the increased activity of retail traders in the market. Approximately 94% of Bitcoin's supply is currently held in long positions, with an average purchase price of $55,000. This suggests that a potential market downturn could trigger profit-taking by these traders. Therefore, it's crucial to monitor market sentiment closely to gauge the overall direction of Bitcoin's price. #BTCETFDemandSurge #BTC67KRebound #bitcoin☀️ #Market_Update {spot}(BTCUSDT)
$BTC UPDATE
Bitcoin has recently experienced a significant decline but is now attempting to recover. After hitting a low of $65,500, it has rebounded and is currently testing a crucial Fibonacci level.
With a market capitalization of $2.32 trillion and a slight increase of 0.1% in the past 24 hours, the next important price target is $69,500. If Bitcoin surpasses this level, it could potentially reach $76,000.
A notable development is the increased activity of retail traders in the market. Approximately 94% of Bitcoin's supply is currently held in long positions, with an average purchase price of $55,000. This suggests that a potential market downturn could trigger profit-taking by these traders.
Therefore, it's crucial to monitor market sentiment closely to gauge the overall direction of Bitcoin's price.
#BTCETFDemandSurge #BTC67KRebound #bitcoin☀️ #Market_Update
$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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