Today is a crazy day Bitcoin is pumping and Altcoins are dumping BTC is @72k while alt are dumping The bitcoin dominance is something else 😂 We are witnessing history here. 👇👇👇👇👇👇👇👇 MicroStrategy buys an additional 12,000 Bitcoin ($821 million). Crazy 🤡
1) Bitcoin hits All time High 70k ♥️ 2) In 4hour prices increasing associated with decreasing volume means the price is increasing because of small retailers participation and not really influential buying. This could be Bull Trap 🪤 3) 68.6k is key level here if price fails to hold this level Next support is 66.1k🩸 4) If hold & break strong volume this level then we can see 70k to 75k levels 🔥 5) 66.1k breaks down next zone is 60k 🐻
#BTC is trading above $69.000 at the moment!! Not much i can tell yeah here. If we break above we are on the road to $100.000. Resistance is still strong here but with every approach it will get weaker. It is only a question of time when we will break through. Dont gamble for a short here you can get rekt!
Bitcoin Update 1) Bitcoin hits All time High , yes we are in bull market ,we expect a corrections in market 20-30% dumps are normal thing. take look back at previous bull market. 2) most of liquidity at previous High hunted xxx , price grabs. and possible to go down 3) most retailers are bullish at the moment , Market makers will hunt retails stoploss or liquidation zone (buy the fear (low/red) sell the greed(high/green) 4)price possible to go - bearish 61111$ - 56800$ 5) 1month liquidation
1) Bitcoin price trading at $51741.Here last two months btc moving uptrend . Weekly upside liquidity taken.2) Now in 4hour chart showing some weakness in prices previous swing low is broken and new high still not taken This means Price possible to dumps.(Downtrend)🩸3) Next swing low at around 48.3k area ⚖️ Price possible to retrace.4) Market makers waiting for 50k Long Liquidation heatmap show has more liquidity ‼️5) This update invalid 4hour price closed Above Swing high 53k#TrendingTopic #Por
As the asset rolled back to the trading level of $50,900, purchases of the instrument increased again, and Bitcoin updated the local maximum at $52,500 on the Bybit exchange.
Interestingly, according to the RSI indicator, bearish divergence is becoming more pronounced towards the price movement, which indicates a gradual weakening of buyer pressure.
This means that a local rollback of Bitcoin may occur soon.
#ETH. Following Bitcoin, Ethereum updated its annual maximum at $2,825.
A pullback to the trading level of $2,670 is likely before the next growth impulse.
The capitalization of the cryptocurrency market has increased by 2.2% over the past 24 hours, and the dominance of Bitcoin has decreased by 0.2%.
Ethereum is expected to strengthen in the #ETH/#BTC pair, which is a positive signal for the entire altcoin market.
💰 79 days left until the #Bitcoin halving, and a major correction 📉 is expected before the event.As Bitcoin hits 61.8% FIB Level at $48.5k so Possible correction from here is 40% - 50% as per previous cycle :- 30% drop to $34k- 40% drop (2016 Cycle) to $29k- 50% drop (2019 Cycle) to $24kHistorically there is no major correction after halving event, Only UP 🚀So Be ready to buy; this likely to be the best opportun
#Solana-SOL Solana saw a significant rally from $18 to $125 in recent months before cooling offOngoing Bitcoin correction could be really bad news for altcoins like $SOL However buying near lower supports could yield good 1-2 year trades
Bitcoin faced heavy selling near the major resistance area of $48,000 and was rejected from there. The price dropped around $3,500 in just 15 minutes after a fake tweet from the SEC about the approval of ETF. The good news is that the price is once again trading above the $45,000 level. However, if the SEC postpones the BTC ETF, then we may see more selling in the market. It's better to use tight stop-loss in all open positions to minimize losses.
1) Price currently trading on 46.7k and price forming Ascending Triangle pattern 📐 which is bullish pattern in 4hour time frame
2) 44.4k is key resistance zone , price needs to break this zone for more upsides aboves resistance levels are 46.7k & 50k psychological resistance
3) if this prices fails to breakout/fakeout & breaking down side lower trendline, Market can see correction, Price will retrace to 40.8k and 37.5k strong support levels
Price has been rejected from the resistance area and is now ranging between the support and resistance levels. Consider opening a long position if the price falls to the local support area.Local Support Area: $0.168-$0.174Major Support Area: $0.132-$0.148Major Resistance Area: $0.224-$0.244#CFX/USDT #CFX