Looking at current support levels, BTC should be hitting abo | bhoombaba na Binance Square

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Looking at current support levels, BTC should be hitting about 73500 before the 15th of March. 
- Do not choose really high leverages until it hits 70350
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69.832,01

+0.56%

443

0

Odgovori 0

Kotacija 1

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@Bitcoin going to remain and move sideways in the range of 61k - 74k for sometime now. Drops below 50k seem almost impossible. Keep holding! Some big moves coming but will only take effect post Q3 2024! #ETHETFsApproved #Bitcoin❗ #TopCoinsJune2024

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Everyone is panicking as the markets turn red! But hasn’t this been happening with every weekly and daily ATHs? The last drop was from 69.3k to 59k, then 73k to 61.4K and if you see the recent drops it’s between the previous percentage drops. I am still bullish about the fact that BTC won’t drop below 60k before the halving on 22nd April. Post halving BTC will definitely hit 75k plus. But will it come with a drop before it shoots back up? Well it’s for all of us to research and see the pattern until 21st. And from what we have seen, BTC has been moving sideways in the range of 61-71k in the last 2 weeks, and will continue to do so until halving. If this is the case we can definitely see a 75k and above by May 15th. Those longers and shorters please don’t play with high leverage. #bitcoinhalving #BullorBear #BTC🔥🔥🔥🔥🔥🔥 #CryptocurrencyAlert #write2earn🌐💹 $BTC $ETH $BNB

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Bitcoin halving is less than 14 days away! And the performance has been quite fantastic. It’s hasn’t dropped below 60k for a while, and we see good inflows into the market from both institutions and individuals. The significance of the last three drops from weekly ATHs has been faded by the strong inflows. The pattern of the drop seen in the previous halving years is slowly breaking this year. We can expect the BTC to stay between 60-70k range going sideways until halving, as I mentioned in my previous posts, also that most significant drops will also happen between this range! Longs and shorts to be placed with strategic approach, focused on lower leverages as higher leverages always get liquidated when the BTC moves sideways before halving. Last 24 hours almost $29 million got liquidated. Alt coins seem to be staying strong alongside bitcoin, this support might continue until halving. #BullorBear $BTC #WIF #Write2Earrn

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Many dint believe me! As I correctly mentioned that Bitcoin should go above 70k after a small liquidation event. Luckily the liquidation event was the same when BTC hit an ATH at 69.3k. There are 23 days to go for halving. And seems like we will see the same pattern from BTC, where it rallies to a weekly ATH and then drops 7-10% as institutions liquidate. But this trend will keep going until the halving. Keep an eye out if BTC falls below 60k 7 days prior to April 19th the Halving date. If this does happen, then we might see further dip as soon as the halving is done maybe to the 45-55k range. If before halving we stay in the resistance zone of 61.2k then we do not have to worry about dip thereafter. For the coming 20+ days, if you study the pattern - you can Long when BTC is between 62-64k and short it when BTC hits between 72-74k. This time on, ALT season will come on a little late due to BTC ETF cash flows. #BTC #HotTrends #CryptoNews🚀🔥 #Halving! #Write2Earrn

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I was correct about BTC springing back up and setting a strong support near the 59k range. While I did mention that if it falls below 61450, there could potentially be a drop to 56k, this dint happen and that’s a very good sign for a strong growth towards the halving period next month. Basically we have again seen a 10-11% dip because of liquidations from large institutions. Even GBTC saw a lot of outflows in the last 2 days! A good recovery has been made by BTC and following with it almost all ALT coins out there. People are worried that they couldn’t TP at 73.7k and are trying to profit out before it dips below 60k. Bullish about BTC hitting 70k and above before the halving date. Let me know your thoughts! #HotTrends #BTC🔥🔥🔥🔥 #CryptoNews🚀🔥 #writetoearn $BTC $

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