BEARS
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$BTC has been displaying weakness and a downtrodden sentiment.
Despite a positive reaction yesterday, surpassing $43,500 and briefly touching $43,800, the Bulls struggled to sustain the price due to cautious statements from #Powell regarding delayed interest rate cuts.
The chart analysis indicates that the price found support around a critical point, aligning with the predicted area for a potential halt in the fall. The Bulls allowed the price to approach a crucial level, making the monthly close appear less impactful.
Interestingly, #SPOT continues to make cash purchases at lower values, contrasting with the prevalent sentiments in the market. Anticipating a counter-movement, it seems the Bulls might attempt to squeeze late #SHORT positions.
Despite the prevailing narrative of a decline, the failure of the #BEARS to drive the price below $40K suggests a potential rally. The accumulation of large buy orders around $39K/40K and the persistence of significant sell orders at $47K indicate a dynamic market with both sides positioning themselves cautiously.
#BTCđ„đ„
Disclaimer: This stellar analysis comes straight from the insightful UALIFI, a beacon of wisdom in the crypto realm. Shared with permission within the Binance community, it's important to remember that this analysis is for educational purposes only. DYOR (Do Your Own Research) and remember, this isn't financial adviceâjust a thrilling ride in the crypto world! đ
Despite a positive reaction yesterday, surpassing $43,500 and briefly touching $43,800, the Bulls struggled to sustain the price due to cautious statements from #Powell regarding delayed interest rate cuts.
The chart analysis indicates that the price found support around a critical point, aligning with the predicted area for a potential halt in the fall. The Bulls allowed the price to approach a crucial level, making the monthly close appear less impactful.
Interestingly, #SPOT continues to make cash purchases at lower values, contrasting with the prevalent sentiments in the market. Anticipating a counter-movement, it seems the Bulls might attempt to squeeze late #SHORT positions.
Despite the prevailing narrative of a decline, the failure of the #BEARS to drive the price below $40K suggests a potential rally. The accumulation of large buy orders around $39K/40K and the persistence of significant sell orders at $47K indicate a dynamic market with both sides positioning themselves cautiously.
#BTCđ„đ„
Disclaimer: This stellar analysis comes straight from the insightful UALIFI, a beacon of wisdom in the crypto realm. Shared with permission within the Binance community, it's important to remember that this analysis is for educational purposes only. DYOR (Do Your Own Research) and remember, this isn't financial adviceâjust a thrilling ride in the crypto world! đ
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EyeOnChain
--
Bearish
$BTC is currently experiencing a turbulent situation, falling to levels that were anticipated but not hoped for. The recent decline brought down altcoins as well, disrupting the expected longer distribution in the resistance.
There's a current effort by the market to recover from the earlier dip, potentially canceling out the negative impact of the recent red candle. The EMAs (Exponential Moving Averages) 100/200 are providing strong support, a positive sign for the bulls. The monthly close is imminent, and for an optimistic outlook, the price needs to stay above $42,100.
While there's hope for a positive outcome from the FOMC (Federal Open Market Committee) data today, the market sentiment is uncertain. The bears couldn't drive the price down to $42K, possibly indicating market anticipation for positive #FOMC data. Sales are accumulating at $47K, attracting significant interest from larger players, while buying support remains around $37K.
The final assessment is that today presents a significant opportunity for #BTC to break the resistance at $43,500. The absence of bearish momentum at $42,200 suggests a potential bullish dominance today. The $45K mark is in focus, and the economic agenda, if favorable, could trigger substantial FOMO (Fear of Missing Out) and propel the market upwards.
The market situation remains dynamic, and traders are closely watching the unfolding events, particularly the Fomc data impact on the broader market.
Disclaimer: This stellar analysis comes straight from the insightful UALIFI, a beacon of wisdom in the crypto realm. Shared with permission within the Binance community, it's important to remember that this analysis is for educational purposes only. DYOR (Do Your Own Research) and remember, this isn't financial adviceâjust a thrilling ride in the crypto world! đ
There's a current effort by the market to recover from the earlier dip, potentially canceling out the negative impact of the recent red candle. The EMAs (Exponential Moving Averages) 100/200 are providing strong support, a positive sign for the bulls. The monthly close is imminent, and for an optimistic outlook, the price needs to stay above $42,100.
While there's hope for a positive outcome from the FOMC (Federal Open Market Committee) data today, the market sentiment is uncertain. The bears couldn't drive the price down to $42K, possibly indicating market anticipation for positive #FOMC data. Sales are accumulating at $47K, attracting significant interest from larger players, while buying support remains around $37K.
The final assessment is that today presents a significant opportunity for #BTC to break the resistance at $43,500. The absence of bearish momentum at $42,200 suggests a potential bullish dominance today. The $45K mark is in focus, and the economic agenda, if favorable, could trigger substantial FOMO (Fear of Missing Out) and propel the market upwards.
The market situation remains dynamic, and traders are closely watching the unfolding events, particularly the Fomc data impact on the broader market.
Disclaimer: This stellar analysis comes straight from the insightful UALIFI, a beacon of wisdom in the crypto realm. Shared with permission within the Binance community, it's important to remember that this analysis is for educational purposes only. DYOR (Do Your Own Research) and remember, this isn't financial adviceâjust a thrilling ride in the crypto world! đ
For God Sake !
Donât listen to anyone donât buy or sell if someone tells you to or posts about it you will not get rich with these signal and everything blah blah
Do your own research and learn to trade donât be a fool .
Kisi or k kandhay par bandook rakh k chalana sa acha ha khud seekho . Bs*k
#BULLS #BEARS
Donât listen to anyone donât buy or sell if someone tells you to or posts about it you will not get rich with these signal and everything blah blah
Do your own research and learn to trade donât be a fool .
Kisi or k kandhay par bandook rakh k chalana sa acha ha khud seekho . Bs*k
#BULLS #BEARS
#BTC #BULLS & #BEARS people #NEWS
đšđšđšđšđšđšđšđšđšđšđšđšđšđšđšđš
1ïžâŁ What is gonna happen next?
2ïžâŁWhich is the next move?
3ïžâŁWhich is my prediction ?
đToday BTC broke the resistance of the fib level 1 (47500$) and moved higher to 48230$
Now there are 3 options of what BTC is gonna do...
â 1st one, according to reach the hight of 50k+ should make one more high( around 48900 minimum) and then come back to 47k-47.5k for retest and after go to the đ( 50+k to 52k) even maybe higher
â2ond one, if we dont see another high then BTC should keep his support lines alive retest them,get new buyers and then go higher to 50+k
(SUPPORT levels: 1st 46500$đ°
2nd 45500$đ°
3rd 45000$đ°
4th 44300$***đ°
*** according to the last support level, in case BTC reach it for me its bearish indication for a further downtrend
â 3rd one, in which i am more positive because i believe #BTC will go back down retest previous resistance at 35k,( we have to fall to 35k for retest or else BTC will retest it after 2 years when new cycle will come into play because always historically BTC retest previous resistance)
If we see a rejection exactly from the high which BTC made today and dont make a higher high then we will fall back down for C wave and BTC will go into biggest support levels even lower than 38500$
(i think 35k)
support levels: 39500$đ°
38500$đ°
37000$đ°
35000$đ°
My prediction is that BTC will fall down as i mentioned in 3rd option
If you like and you think that content is helpful then LIKE IT & SHARE IT!!!!
Thanks all for the support.
đšđšđšđšđšđšđšđšđšđšđšđšđšđšđšđš
1ïžâŁ What is gonna happen next?
2ïžâŁWhich is the next move?
3ïžâŁWhich is my prediction ?
đToday BTC broke the resistance of the fib level 1 (47500$) and moved higher to 48230$
Now there are 3 options of what BTC is gonna do...
â 1st one, according to reach the hight of 50k+ should make one more high( around 48900 minimum) and then come back to 47k-47.5k for retest and after go to the đ( 50+k to 52k) even maybe higher
â2ond one, if we dont see another high then BTC should keep his support lines alive retest them,get new buyers and then go higher to 50+k
(SUPPORT levels: 1st 46500$đ°
2nd 45500$đ°
3rd 45000$đ°
4th 44300$***đ°
*** according to the last support level, in case BTC reach it for me its bearish indication for a further downtrend
â 3rd one, in which i am more positive because i believe #BTC will go back down retest previous resistance at 35k,( we have to fall to 35k for retest or else BTC will retest it after 2 years when new cycle will come into play because always historically BTC retest previous resistance)
If we see a rejection exactly from the high which BTC made today and dont make a higher high then we will fall back down for C wave and BTC will go into biggest support levels even lower than 38500$
(i think 35k)
support levels: 39500$đ°
38500$đ°
37000$đ°
35000$đ°
My prediction is that BTC will fall down as i mentioned in 3rd option
If you like and you think that content is helpful then LIKE IT & SHARE IT!!!!
Thanks all for the support.
đ #bitcoin Update! đ
For the fourth day running, $BTC has been in distribution mode, and the #BULLS are putting up a strong fight to drive the price higher. đ
However, the #BEARS need to break below the $28k mark to gain a firmer grip on the situation. đđ»
Right now, we find ourselves in the middle of the chart, so if you're not actively involved, it might be a good time to sit back and observe the action! đđ
đš Reminder: #cryptocurrency markets can be volatile. Exercise caution and do your research before making any moves. đĄđđ°
đ a small LIKE & FOLLOW , motivates me a LOT â€ïž
For the fourth day running, $BTC has been in distribution mode, and the #BULLS are putting up a strong fight to drive the price higher. đ
However, the #BEARS need to break below the $28k mark to gain a firmer grip on the situation. đđ»
Right now, we find ourselves in the middle of the chart, so if you're not actively involved, it might be a good time to sit back and observe the action! đđ
đš Reminder: #cryptocurrency markets can be volatile. Exercise caution and do your research before making any moves. đĄđđ°
đ a small LIKE & FOLLOW , motivates me a LOT â€ïž
