BTCcorrectionAhead
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A sharp decline is waiting for $BTC before the next pump. Be ready for correction or those who do short-term trade take this opportunity for short selling.
Entry: 104k - 105k
TP01: 102k
TP02: 100k
TP03: 98k
Best of luck.
#BTCNewHigh
#btcnewath
#BTCcorrectionAhead
#BTCcorrectionStarts
Entry: 104k - 105k
TP01: 102k
TP02: 100k
TP03: 98k
Best of luck.
#BTCNewHigh
#btcnewath
#BTCcorrectionAhead
#BTCcorrectionStarts
#BTCReclaims101K
Its is just the start of recovery, But If in analysis it is the push for a major dip!
People's thought, Market will always go up! This is not possible in real term, It can relax too for a time, But Definitely in long term BTC is approaching towards 150K $
$BTC Has a big global support it can be approaching towards 200K $ This year mid or End of year!
Globally Crypto is becoming more and more valuable then ever, Tether has recognized by Abu Dabhi Recently, BTC will be treated like reserves of a country.
Still it has done by some countries like, US, Germany, Bhutan,etc
It is the time for major correction as a market analyzer I can see BTC go at 75-80K $ in coming days.
Now the Christmas is near so people want there money for use. They are not participating in the market with the momentum of November.
Slowly, slowly but not in Hurry BTC cross 150k by March or April !🚀
#BinanceSquareFamily
#Market_Update
#BTCcorrectionAhead
#BNBChainMemecoins
Its is just the start of recovery, But If in analysis it is the push for a major dip!
People's thought, Market will always go up! This is not possible in real term, It can relax too for a time, But Definitely in long term BTC is approaching towards 150K $
$BTC Has a big global support it can be approaching towards 200K $ This year mid or End of year!
Globally Crypto is becoming more and more valuable then ever, Tether has recognized by Abu Dabhi Recently, BTC will be treated like reserves of a country.
Still it has done by some countries like, US, Germany, Bhutan,etc
It is the time for major correction as a market analyzer I can see BTC go at 75-80K $ in coming days.
Now the Christmas is near so people want there money for use. They are not participating in the market with the momentum of November.
Slowly, slowly but not in Hurry BTC cross 150k by March or April !🚀
#BinanceSquareFamily
#Market_Update
#BTCcorrectionAhead
#BNBChainMemecoins
Bitcoin Correction Amid Bearish Divergence :
Key Levels and Next Steps for Traders
#BTCcorrectionAhead #BearishDivergence #BTCCORRECTION #Write2Earn! #BinanceSquareFamily
Overview :
Bitcoin (BTC) has entered a correction phase, influenced by widespread bearish divergence on the Relative Strength Index (RSI) across multiple timeframes. This development aligns with expectations, signaling an overbought market and paving the way for potential pullbacks.
Technical Highlights :
Current Condition :
RSI reflects overbought bearish divergence, leading to price declines.
Potential Reversal Signal :
Watch for hidden bullish divergence, which occurs when the price forms a higher low while RSI creates a lower low. A green day could trigger an upward RSI shift, signaling recovery.
No Clear End to Correction Yet :
Current conditions suggest patience as BTC searches for a bottom.
Key Resistance and Support Levels :
Immediate Resistance :
$38,500 (a breakout above confirms bullish momentum).
Support Levels :
$35,000 (initial) and $33,500 (stronger support zone for potential accumulation).
Pro-Tip for Investors :
Short-Term Traders :
Avoid entering positions prematurely; wait for confirmation of a reversal or hidden bullish divergence before committing capital.
Long-Term Investors :
Use corrections as an opportunity to accumulate BTC near support levels, provided it aligns with your broader investment strategy.
Advice :
Monitor RSI closely on 4-hour and daily charts for signs of bullish divergence.
Implement tight risk management to protect against further downside during this volatile period.
Conclusion :
BTC's correction phase is a natural response to overbought conditions. While no signal indicates an end to this correction, hidden bullish divergence could be a game-changer. Traders and investors must remain cautious, awaiting definitive trends before making decisions.
Key Levels and Next Steps for Traders
#BTCcorrectionAhead #BearishDivergence #BTCCORRECTION #Write2Earn! #BinanceSquareFamily
Overview :
Bitcoin (BTC) has entered a correction phase, influenced by widespread bearish divergence on the Relative Strength Index (RSI) across multiple timeframes. This development aligns with expectations, signaling an overbought market and paving the way for potential pullbacks.
Technical Highlights :
Current Condition :
RSI reflects overbought bearish divergence, leading to price declines.
Potential Reversal Signal :
Watch for hidden bullish divergence, which occurs when the price forms a higher low while RSI creates a lower low. A green day could trigger an upward RSI shift, signaling recovery.
No Clear End to Correction Yet :
Current conditions suggest patience as BTC searches for a bottom.
Key Resistance and Support Levels :
Immediate Resistance :
$38,500 (a breakout above confirms bullish momentum).
Support Levels :
$35,000 (initial) and $33,500 (stronger support zone for potential accumulation).
Pro-Tip for Investors :
Short-Term Traders :
Avoid entering positions prematurely; wait for confirmation of a reversal or hidden bullish divergence before committing capital.
Long-Term Investors :
Use corrections as an opportunity to accumulate BTC near support levels, provided it aligns with your broader investment strategy.
Advice :
Monitor RSI closely on 4-hour and daily charts for signs of bullish divergence.
Implement tight risk management to protect against further downside during this volatile period.
Conclusion :
BTC's correction phase is a natural response to overbought conditions. While no signal indicates an end to this correction, hidden bullish divergence could be a game-changer. Traders and investors must remain cautious, awaiting definitive trends before making decisions.
Dump Alert: BTC Expected to Hit $78,086 – Time to Protect Your Portfolio
BTC Bearish Alert!🚨🚨🚨 Major Correction Coming – Are You Prepared? Bitcoin is sending warning signals, with a notable correction on the horizon. As shown in the chart, BTC is primed to touch $78,086.22, potentially testing key support levels. It’s time to keep a close eye on your investments and consider securing funds to mitigate potential losses. Bitcoin recently reached highs near $93,000, but now indicators suggest a pullback may be imminent. The MACD is showing bearish divergence, hinting at a possible reversal in momentum. The 4-hour timeframe displays a downward trajectory, with BTC failing to hold above resistance levels and now aiming to revisit previous support zones. Key Observations:👇👇
MACD Signals Weakening Momentum: The MACD histogram shows a declining trend, indicating the recent bullish momentum is losing steam.Support Level Target at $78,086: This level has been highlighted as a potential area where BTC could find support. Breaking below this may signal further downside risk.Bearish High Alert: With the current trend, caution is advised. BTC could experience increased volatility, so it’s wise to have a plan.What to Do?
For traders and investors, securing your funds or taking partial profits could be a prudent approach, especially if you’re aiming to protect against potential downside. Always trade with a strategy and be prepared for volatility.
✅ Follow for more to get free VIP Signals, Chart Analysis 🚨, and latest updates. So you will not miss any opportunities! 💰💰#USUALonLaunchpool&Pre-Market #HighAlert #DumpComing #BTCcorrectionAhead #MidNovemberMarket $BTC
MACD Signals Weakening Momentum: The MACD histogram shows a declining trend, indicating the recent bullish momentum is losing steam.Support Level Target at $78,086: This level has been highlighted as a potential area where BTC could find support. Breaking below this may signal further downside risk.Bearish High Alert: With the current trend, caution is advised. BTC could experience increased volatility, so it’s wise to have a plan.What to Do?
For traders and investors, securing your funds or taking partial profits could be a prudent approach, especially if you’re aiming to protect against potential downside. Always trade with a strategy and be prepared for volatility.
✅ Follow for more to get free VIP Signals, Chart Analysis 🚨, and latest updates. So you will not miss any opportunities! 💰💰#USUALonLaunchpool&Pre-Market #HighAlert #DumpComing #BTCcorrectionAhead #MidNovemberMarket $BTC