#Bitcoin‬ $BTC Price has been looming around this major we | HøBō on Binance Square

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Bearish

#Bitcoin‬
$BTC
Price has been looming around this major weekly resistance zone since the 15 of February … I see price moving #Bearish if it closes over $50,591.

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BTC

67,590.43

+0.65%

436

0

Replies 0

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#BTC breaks the #ATH resistance but is still yet to close over it on the Daily… if it should close over, does that mean the #BullRun🐂 is still on? Who could say? In my case i’m kind of skeptical, cause the market hasn’t had a correction yet… #HotTrends

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🚨 #Portal #BNB‬ #ETH 🚨 #Portalcoin opening on #Binance in 42 minutes…

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#BTC price has been consolidating since the 15th of February and it has just broken through the weekly resistance I marked out… Price violated and closed over the Resistance, with that we can all say , we’re in a #BullRun🐂 . #BTC is slowly coming back up to the $69,224 high it fell from in November of 2021… Awaiting to see how price will react, a possible retest of the Resistance turn Support… $BTC

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$BTC finally took a direction and it was #Bullish , I saw signs of a #BullishMomentum. On the 4H yesterday, but forgot to share my thoughts on it , due to the little time to react to the market opportunity and post here too… Looking at the range I marked out you can see that price failed to break the range low at $50,593 twice! And on the Third retrace the #BullishMomentum. Took over… Looking at it, it kinda looks like a triple bottom but the last retrace wasn’t quite close to the range low to really call it that….

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Update on this analysis I posted…the #bearishmomentum on #BTC‬ is proving weak and can’t help but notice that if price should break the $50,591 range low, the sell could be short lived… but should price break pass $48,277 then we can see ourselves in a valid #DownTrend #Write2Earn #TrendingTopic

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