btcanalysis
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$BTC Updates
đĄ According to analysis, Bitcoin managed to rise around 5% from the call I gave. And currently it still has the potential to continue its increase even though it is currently still experiencing a slight correction.
#btcupdates #btcanalysis
đĄ According to analysis, Bitcoin managed to rise around 5% from the call I gave. And currently it still has the potential to continue its increase even though it is currently still experiencing a slight correction.
#btcupdates #btcanalysis
With each bull market, the bear market retrace is shallower. At the same time, each new bull market has a smaller gain.
Where do you think the next #Bitcoin bull market peaks out?
#BinanceTournament #feedfeverchallenge #googleai #BRC20 #btcanalysis
Where do you think the next #Bitcoin bull market peaks out?
#BinanceTournament #feedfeverchallenge #googleai #BRC20 #btcanalysis
BTC Brokedown The Trendline Support, Better Use Stop Loss On All Your LONGS.
#btcupdates #btcanalysis
#btcupdates #btcanalysis
BTC Exactly Dumped As I Told, However People Who Followed Me Are Safe Because I Updated About This To You Before Dumpđ„ł
This Is How Our Analysis WorksđŻ
#btcupdate #btcanalysis #dyor
This Is How Our Analysis WorksđŻ
#btcupdate #btcanalysis #dyor
BTC Reached $63000 Support Area, If It Fails To Hold This Support Then Next Stop Will Be At $61500 - $60500 Support Area.
#btcupdates #btcanalysis
#btcupdates #btcanalysis
BTC Got Rejected From Our Resistance Area.
Now BTC Support Zone Is At $30050 - $29850 Area, Lets See BTC Holds This Support Or Not!!
#BTC #bitcoin #btcupdate #btcanalysis $BTC
Now BTC Support Zone Is At $30050 - $29850 Area, Lets See BTC Holds This Support Or Not!!
#BTC #bitcoin #btcupdate #btcanalysis $BTC
Lets Wait For The BTC To Breakout Or Breakdown The Triangle, Then We Can Decide We Have To Short Or Longâïž
I Will Update You Everything Timely, Just Follow Me â€ïž
#bitcoin #BTC #bitcoinbutton #btcupdate #btcanalysis $BTC
I Will Update You Everything Timely, Just Follow Me â€ïž
#bitcoin #BTC #bitcoinbutton #btcupdate #btcanalysis $BTC
#BTC Analysis
Schedule 4h. TF
Another Growth of Bitcoin without correction from the touch of EMA200 and the global trend upward channel.
Breaking through all resistance levels.
The remaining resistance level is $30,550 and the high is $31,059.
Separating the direct road to $34,000 At the moment, an important and key level.
#dominance rate 51.6% with such indicators
Altcoins show good growth.
I'm not taking positions yet.
High Risk.
#bitcoin #btcanalysis #crypto2023
Schedule 4h. TF
Another Growth of Bitcoin without correction from the touch of EMA200 and the global trend upward channel.
Breaking through all resistance levels.
The remaining resistance level is $30,550 and the high is $31,059.
Separating the direct road to $34,000 At the moment, an important and key level.
#dominance rate 51.6% with such indicators
Altcoins show good growth.
I'm not taking positions yet.
High Risk.
#bitcoin #btcanalysis #crypto2023
BTC Updates
BTC
There was a CPI data released on the US session, and the bullish sentiment was strong pushed the price up to 26418 and drop back to around 26116 consolidate.It seems like 4H bearish order block shows strong resistance.Since the market structre is not shift to bullish yet, we can based on the 4H OB to go short.
#BTC #btcupdate #btcprediction #btcanalysis #newscrypto
There was a CPI data released on the US session, and the bullish sentiment was strong pushed the price up to 26418 and drop back to around 26116 consolidate.It seems like 4H bearish order block shows strong resistance.Since the market structre is not shift to bullish yet, we can based on the 4H OB to go short.
#BTC #btcupdate #btcprediction #btcanalysis #newscrypto
Bitcoin Miners Are Likely Selling Their BTC Bags Around $28k - Report
According to a report, Bitcoin miners may be selling their recently acquired BTC around the $28k mark in order to cover their operational expenses. The intense competition in mining has also impacted their profits.
The selling pressure on Bitcoin at the $28k level, which has persisted since mid-May, is likely the result of miners selling their freshly minted BTC to meet their operational costs.
MatrixPort's team has put forward this theory, suggesting that miners are compelled to sell their BTC due to declining profit margins in recent weeks. The rising mining difficulty has contributed to this situation, reaching record levels.
Markus Thielen, Head of Research at MatrixPort, explained that most mining machines produced before 2022 seem to be unprofitable based on current input costs and expected revenue.
In terms of Bitcoin's immediate price movement, the daily BTC/USDT chart reveals that the primary digital asset is currently trading around the $27k support level, aligned with the position of the 100-day moving average (yellow line).
Source: Trading viewÂ
Additionally, the chart indicates that Bitcoin found support at the 200-week moving average (black line) twice last month, specifically at $25,811 and $25,871. This moving average has served as reliable macro support around the $26k level. It is crucial for Bitcoin to maintain this support in order to sustain a bullish sentiment and potentially break through the $28k price barrier.
Moreover, Bitcoin's one-day Money Flow Index (MFI) shows a neutral situation, while the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest an equal likelihood of a push towards $28k or a drop to the 200-week moving average.
Considering the start of a new month and the recent agreement to raise the US debt ceiling by legislators, there is a slightly higher probability of a gradual upward movement towards $28k in the coming week.
#Binancefeed #news #BTC #btcanalysis
The selling pressure on Bitcoin at the $28k level, which has persisted since mid-May, is likely the result of miners selling their freshly minted BTC to meet their operational costs.
MatrixPort's team has put forward this theory, suggesting that miners are compelled to sell their BTC due to declining profit margins in recent weeks. The rising mining difficulty has contributed to this situation, reaching record levels.
Markus Thielen, Head of Research at MatrixPort, explained that most mining machines produced before 2022 seem to be unprofitable based on current input costs and expected revenue.
In terms of Bitcoin's immediate price movement, the daily BTC/USDT chart reveals that the primary digital asset is currently trading around the $27k support level, aligned with the position of the 100-day moving average (yellow line).
Source: Trading viewÂ
Additionally, the chart indicates that Bitcoin found support at the 200-week moving average (black line) twice last month, specifically at $25,811 and $25,871. This moving average has served as reliable macro support around the $26k level. It is crucial for Bitcoin to maintain this support in order to sustain a bullish sentiment and potentially break through the $28k price barrier.
Moreover, Bitcoin's one-day Money Flow Index (MFI) shows a neutral situation, while the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest an equal likelihood of a push towards $28k or a drop to the 200-week moving average.
Considering the start of a new month and the recent agreement to raise the US debt ceiling by legislators, there is a slightly higher probability of a gradual upward movement towards $28k in the coming week.
#Binancefeed #news #BTC #btcanalysis
