#BTC    "Breaking a multi-week downtrend would result in t | Eternel insatisfait no Binance Square

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Eternel insatisfait

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#BTC    
"Breaking a multi-week downtrend would result in the beginning of at least a multi-week uptrend"
The multi-week downtrend has been broken
The multi-week uptrend has now begun
$BTC #Crypto #Bitcoin   

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#BTC Bitcoin has performed a bullish Weekly Closed thanks to Bitcoin's ongoing stability above ~$66400 over the weekend And for the first time, Bitcoin is retesting the old Channel Top resistance (red) as potential new support (green) Bitcoin has been retesting the top of the area as support for a few days now but if needed, price could dip just a little bit deeper into the general green area for additional buy-side liquidity $BTC #Crypto #Bitcoin

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#BTC Bitcoin has broken out from the multi-month Downtrending Channel (black) The Downtrending Channel is over $BTC #Crypto #Bitcoin

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ALTSEASON 2.0 UPDATE BTC dominance reached a 42 month high as Bitcoin pumped to $68,000. BTC Dominance can jump to 61% if BTC rallies towards $80k-$90k in the next 30 days. What does it mean for you? - Bitcoin can give big rally & outperform Alts for few weeks. - ALTs will start to outperform once BTC breaks ATH and starts uptrend. In last cycle, BTC broke $19,500 on 16 Dec, 2020 and BTC dominance made all time high after 18 days on 3rd Jan 2021, and we saw 5 months of mega alts season. Hold your Altcoins for next 6 months because ALTSEASON is coming 🔥

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#BTC Bitcoin is slowly dipping closer and closer to the Channel Top (black) for a crucial retest attempt After all, Bitcoin has failed this retest every time over the past several months BTC needs a successful retest if price is to go higher $BTC #Crypto #Bitcoin

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#BTC Bitcoin has been Daily Closing above the Channel Top (black) within the red resistance Daily Closes within the resistance aren't as key as successful retests of the Channel Top However, a Daily Close above the red resistance could be pivotal Thus, BTC may range between Channel Top (black) & the top of the red resistance until we see trend confirmation $BTC #Crypto #Bitcoin

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