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LITZ Analysis
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$BTC
just broke the 103K support zone, which means we will see Bitcoin going all the way to 98K-100K zone. Expect
alt
coins to drop by 10%-20% today.
It will be a huge red night. š
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This is just a manipulation for people to open long positions on $BTC , the market will still drop below 100K. Donāt get liquidated.
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$BTC slowly recovering from that small dip, especially after touching that 105K support zone. If we see Bitcoin accumulating volume between the 106K-107K zone for a while, we will see a breakout at some point, as long as Bitcoin doesnāt drop below the support zone, there will be a breakout to 110K or even more. š From now to 6:30 PM GMT will be a good time to watch the market and see how itās moving. A breakout is on the way. What if a breakout doesnāt happen? We will see Bitcoin consolidating between 105K-107K zone and we may see a small increase in alt coins. $ETH is following every move Bitcoin makes, so if Bitcoin pushes for All-Time-High, then Ethereum will push for 4200-4350 points. As long as bitcoin keeps moving up. What are your thoughts on the market? Are you still bullish or you have other opinions? š¤š
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The US market opening today for $BTC was interesting! š First 30 sec Bitcoin pushed to All Time High at 107799, then started declining all the way to 107000 for 10 mins. After that, a bullish run started for 20 mins and Bitcoin kept rising all the way to a new All Time High at 108353. After that it no longer was able to push more and started declining pretty fast all the way to 106000. Will Bitcoin make a comeback from this all the way back to All-Time-High? šš Bitcoin has a support zone at 105000 and going below this will make it go all the way to 103000 which is the second support zone. After that if it breaks this support zone we will see Bitcoin back at 98K-100K. Am I still bullish on Bitcoin? Yes, Iām hoping to see a correction to 105K and a bounce back from there, it will be healthy for the market and good to shake out many people from the market. Then, we will see a second try to breakout from 108K and rise to 110K and more. But, it goes below 105K then we will see a lots of ups and downs before seeing a new All Time High again. Alt coins? We donāt even talk about those anymore, let them bleed in peace š Iām no longer looking at my wallet, I just close it and watch Bitcoin. Iām holding on spot so I will only look at my wallet when everything is green again. šš Share with me your thoughts on the market!
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Bitcoin to breakout at 2:30 PM GMT after US opening? šš Iām loving what Iām seeing on $BTC so far! It did a breakout from 103K to 107K, then on the opening of Asian market it tried to push above 107K but faced a resistance and didnāt have enough volume to push higher. Now, did a correction to 105K, which formed a good support zone and slowly started going up again forming a zone for a breakout. This is good sign of another attempt to break past 108K to go all the way to 110K at 2:30 PM GMT when the US market opens! It could try to push down in the opening but as long as we are above 105K zone, we are safe. Bitcoin currently has 2 strong support zones. 105K and 103K, if these two are broken, then we will see Bitcoin going down all the way to 98K-100K zone which is pretty bad for the market, and it will make alt coins bleed more than ever. But Iām so optimistic that it wonāt happen, and we will see Bitcoin going for 110K-120K before any other dips. Also, $ETH broke the 4000 resistance as I told you yesterday, it currently depends on Bitcoin and just follows its path, so if Bitcoin keeps going and reaching other highs then we will see Ethereum going for 4200-4350. What are your thoughts on the market? Are you bullish or bearish? š¤
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Bitcoin is declining and alt coins are rising? šš We have just see a dump in bitcoin price and an increase in alt coins volume, is this the start of the bullish run for alt coins or is it just a fake pump for an incoming dump in the market? š¤ Alt season may have just started! The bullish run is confirmed, make sure you have bought something for it. Iāll share some with you for great profits! This also could be a manipulation so invest carefully! šš» $RSR is skyrocketing to 0,015, once it breaks this zone it will explode all the way to 0,017-0,018 then we may see an accumulation of volumes in this zone before moving to 0,025-0,03-0,035. $DYDX is also skyrocketing right now moving quickly to break the 2,2 resistance and move all the way back to 2,5-2,6 and may accumulate big volumes around that zone before moving to 3,5-4 $MEME also skyrocketing to break the 0,014 zone, then bounce back to 0,016-0,017 zone and may also accumulate big volumes for a breakout to 0,025-0,03. Everything I share has potential, we just hope the bullish run wonāt stop till we hit those targets and take our profits!
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