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๐จ ,#JUST IN: Michael Saylor shares his #Bitcoin tracker again, 6th time in a row. MicroStrategy isnโt slowing downโBuying #BTC on a daily basis ๐
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#BTC โข Within a few hours of this update, BTC reached the expected upper range of 101k-104k. โข It is now facing resistance again at the upper range. If the momentum continues, we may see another rejection and BTC fall to the lower range of 93k-91k. โข Otherwise, if it reclaims the upper level, we may see it enter price discovery mode once more. Incase of changes in situation we will try to keep updating accordingly !!!
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$BTC BTC โข Bitcoin is currently trading within a range of 93k to 101k. This range has resulted in significant liquidations for both long and short positions, leaving no room for proper movement in alts. โข Following its recent dip, BTC is now trending upward within its established range.ย Continued momentum could potentially bring BTC back to the 101k-104k range. โข A breakout or breakdown from this range could generate further momentum in either direction.Until then, we may experience limited price movement and a sideways trend. Incase of changes in situation we will try to keep updating accordingly !!!
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#BTC.Dominance โข BTC.D has encountered resistance at the 56.8-57.7% range and has thus far been unable to overcome it. โข If this trend persists, we may observe a rejection from this zone, potentially leading to BTC.D falling to 54.9-54.20% or lower, a scenario generally favorable for alternative cryptocurrencies. โข However, a breakout above this resistance could indicate further challenges for alts. It is wise to avoid rushing into trading decisions until a clear trend is established. We will try to keep updating accordingly !!!
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$BTC BTC May Rise Again After a Profit-Taking Moment Yesterday, during the close of the US market, BTC experienced a release of liquidity, moving down to 94,150. This quick move decreased BTC's price by nearly -7%. However, the bullish trend remains very strong and the pattern is also bullish. The sell-off could be a profit-taking moment, but the bullish trend is intact, and the price is expected to continue rising gradually. I am watching BTC to rise again to 101K, 103K, and possibly reach a new all-time high at 107K. You may find more details in the chart!
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