bullishmoment
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The formation of a triple bottom pattern in the market of $BTC
In the range of $62,000-$64,000 is a significant technical phenomenon that can have important implications for investors and traders. This pattern is characterized by three consecutive lows at a similar support level, indicating a strong defense of that level by buyers.
Technical explanation:
The triple bottom pattern is formed when the price of an asset, in this case Bitcoin, touches a support level three times without breaking it. Each time the price approaches this level, buyers step in to prevent it from falling further. Check the comments đ
#bullishmoment #bullish #BullorBear #Bullrun2024. #Bitcoin
In the range of $62,000-$64,000 is a significant technical phenomenon that can have important implications for investors and traders. This pattern is characterized by three consecutive lows at a similar support level, indicating a strong defense of that level by buyers.
Technical explanation:
The triple bottom pattern is formed when the price of an asset, in this case Bitcoin, touches a support level three times without breaking it. Each time the price approaches this level, buyers step in to prevent it from falling further. Check the comments đ
#bullishmoment #bullish #BullorBear #Bullrun2024. #Bitcoin
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BullishBanter
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$BTC now in Consolidation phase .. Fluctuating between 62-64k... Soon it will break ..
Still I am with my BULL Run words..
$BTC /USDT is holding steady at $62,980, showing a marginal 0.03% gain after hitting a high of $64,133.32 in the last 24 hours. The bulls are trying to push beyond resistance, but the market is experiencing slight fluctuations.
With significant volume traded at 24.67K BTC, the next movement could be crucial. Watch closely as the $62,350 support level may act as a safety net, while a break above $64,133 could signal further upward momentum.
Stay readyâthis could be a critical moment for traders eyeing the next big move!
#BTCâ #Bitcoinâ #BinanceLaunchpoolHMSTR #NeiroOnBinance #BTCReboundsAfterFOMC
Still I am with my BULL Run words..
$BTC /USDT is holding steady at $62,980, showing a marginal 0.03% gain after hitting a high of $64,133.32 in the last 24 hours. The bulls are trying to push beyond resistance, but the market is experiencing slight fluctuations.
With significant volume traded at 24.67K BTC, the next movement could be crucial. Watch closely as the $62,350 support level may act as a safety net, while a break above $64,133 could signal further upward momentum.
Stay readyâthis could be a critical moment for traders eyeing the next big move!
#BTCâ #Bitcoinâ #BinanceLaunchpoolHMSTR #NeiroOnBinance #BTCReboundsAfterFOMC
