#Bitcoin Technical Analysis As per 1 Day chart, it's moving | AskToRahulSingh on Binance Square

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Bearish

#Bitcoin Technical AnalysisAs per 1 Day chart, it's moving in Descending parallel channel at long term as well in #BearishFlag in short terms too. Now very soon in coming 7-10 days, it's moving towards $22k-19k.
Always #DYOR before investing in Crypto Currency.
It's #BinanceTournament

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BTC

76,326

+0.74%

5.4k

0

Replies 2

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#Bitcoin Updates - $BTC trading around $74.8k.. But, I told you approx. Dates and time for #Bitcoin Bullish mode start ups to break out it's previous #AllTimeHigh price approx. last week around 6-7 days back... And, $BTC following this my chart properly, to break-out previous ATH of $73,750, and Moving with daily New ATH, at this time it is $76.5k, and this chart approx. I designed around 3-4 months back... So, its always on you, why you still waiting for another big Downtrend, while this time market trend will be starts into Bullish Uptrends...! Anyways, Always DYOR & take StopLoss in Crypto. It's #Write2Earn & #Share2Win topics.

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#Ethereum Weekly Chart Analysis As per that, $ETH approx Completed its #ElliottImpulsive Wave first & second cycle recently, Now it starts moving towards third cycle of around $7k to $7.5k upto Jan-Feb. 2025, but the 5th cycle will be completing around $10k to $12k with its final #AllTimeHigh of $ETH upto Feb. to March 2026 approx.... Anyways, Always DYOR & take StopLoss in Crypto tradings. It's #Write2Earn & #Share2Win topics.

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#Bitcoin Updates - Already told many times into my previously post here and into X as well that, first $BTC Retest it's $69k-70k Resistance level and then afterwards it will be going towards $71k-73k but not break out previous #AllTimeHigh of $73,750 this time.. And, Every one saw that same thing happened yesterday. Now, $BTC trading around $72k now, while next Uptrend signal of ATH break down will be soon within next 5-7 days and then Bitcoin will goes under full-time in #BullRun mode... And, After that, Altcoins starts to perform well too.. So, Trade wisely at this time of 48-72 hrs. by using of StopLoss and always DYOR. It's #Share2Earn & #Write2Earn topic to all..

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#Bitcoin Trading around $66.5k.. So, Why $BTC Falling Down...? Already, told you many times at earlier into my post, theirs a strong Resistance Level of $69k to 70k, and #BearishZone holder's will be denying to cut-off the mark, so it take reversal from $69.6k here.. As per analysis, some points are- ✔️The main reason for the entire crypto market decline is that the bears in Bitcoin successfully defended an attack on the $70,000 level. ✔️Investors intensified selling at $69.5K early on Monday & pushed the price down to $66.5K on Tuesday morning. Additionally, ✔️Stablecoin volume has not increased since late September, creating a potential setback for broader cryptocurrency market growth as stablecoins are typically viewed as liquidity for quick purchases of the underlying cryptocurrency. The previous growth momentum was from August to September, when the overall crypto market capitalization was pushed off the bottom.” Let's see, what's happening next.. But, As per Technical Chart Analysis on this Strategic mode of market huge sentiments of BullRun vs Bears, the lower cut-off point is around $65.6k to $64.3k now and after many chances to set their reversal for Uptrends again to Break-out the Resistance point of $70k. By the way, always using to do.. DYOR and Trade with #StopLoss in Crypto It's the topic of #Write2Earn also. Just use #ScrollOnBinance too.

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#CryptoMarket Updates - #Bitcoin around $68.5k now with its MarketCap of $1.36 Trillion & 57% of Dominance & #Ethereum around $2725 with its MarketCap of $328 Billion & Dominance of 14% approx. here... The Total MarketCap of both $BTC & $ETH is $1.688 Trillion with 71% Dominance total in Market, while Total Market Cap around $2.38 Trillion at present in Crypto industry. At present, Altcoins Season Index of last 90 days is around 33/100, In which $NEIRO SUI APE TAO APT etc are one of the great performer Tokens in Top-100 list as per data of @Coin Market Cap . This week BTC will be starts in another break-out range of its resistance of $69k-70k mark and it will be soon moving towards $73k too. Let's see, what's the closing of #Pumptoober month, while at present scenario it's Bullish with next 100 days of BullRun season into Crypto Market. So, always DYOR it's NFA & Use StopLoss in Crypto It's #Write2Earn topic.

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