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#BTCFOMCWatch #AirdropGuide #BinanceTournament #ETHETFsApproved #BTC $BTC $SOL  bitcoin chart update

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BTC

95.282,52

-5.47%

SOL

196,74

-7.86%

370

0

Balasan 0

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#BTC1D #CryptoMarketMoves #MtGoxRepayments short btc now or at 65000 tp1 64000 tp2 63000 tp3 60000

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xrp sudden rise will be filled by bears soon

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Bitcoin is on the cusp of entering price discovery, contingent on breaching the critical resistance at its previous all-time high of $69,000, according to crypto analysts. Bitcoin BTC $68,429 hit its peak of around $69,000 during the 2021 bull run. This level was tested again on March 5, following the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States earlier this year. Despite several attempts to break through, Bitcoin has remained below this threshold for approximately 10 weeks.

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A widely followed crypto analyst says that Bitcoin (BTC) is on the cusp of entering the parabolic phase of the market cycle. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 474,000 followers on the social media platform X that it appears as if the crypto king is one weekly close away from going parabolic. However, the analyst notes that most likely, it won’t be weeks until the top crypto asset by market cap makes large moves to the upside. “Bitcoin rejects from the range high of its current reaccumulation range. It’s clear that BTC is only one weekly close above the range high away from entering the parabolic phase of the cycle. But history suggests this historic breakout is still several weeks away.”

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