Bitcoin Price Reaches $67000 Clinching $1.32 Trillion Market | Raid Gul on Binance Square

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Bitcoin Price Reaches $67000 Clinching $1.32 Trillion Market Cap, What’s Next?
Santiment data indicates the sentiment has shifted toward Bitcoin after the sudden jump in Bitcoin price. BTC price rises 3% to hit over $67,000.
By Varinder Singh
1 min ago
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The case for heightened ETH volatility is strengthened by the recent sharp rise in open interest for the digital asset. Some crypto analysts are confident that ETH will re-test some of its crucial resistance levels before further upside movement. For instance, crypto analyst Carl Runefelt recently opined that if ETH breaks the $2,640 resistance level, it could initiate a significant price rally.ETH trades at $2,663 at press time,down 2.4% in the past 24 hours.

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#ETH to catch up on $3500▼ BTC) and rise up to Imo ETH) completed it's local accumulation and ready to switch the short-term trend for the Bullish

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Comment your altcoin, and I will make a technical analysis for you! Bitcoin is almost ready to start a new and last huge wave to the upside! My target is around 130k for multiple reasons, which I will tell you in this analysis. But what happens after Bitcoin hits 130k? We all know that Bitcoin is extremely volatile, and during its bearish cycles, a 70% - 80% is standard.We can definitely expect a crash from 130k to 60k in the next bearish cycle to retest the current bullish flag (that you can see on the chart). That's why it's very important for you to take profit and potentially enter a long-term short position on futures! Why is 130K important? First we have the 0.618 fibonacci extension measured from wave 1+3 -> wave 4. Also, we have the long-term trendline of this bullish cycle, which is even stronger dynamic resistance level! From the Elliott Wave perspective, we need to complete this impulse wave and make the last wave 5! This wave 5 already started at 49k in August. On the chart, we can see 2 42

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XAUUSD 1D GOLD √' OANDA Gold hit a new high, and in the process,gold seemed to form a harmonic pattern,indicating a bearish swing set. From the pattern, we can expect a late target of 2200. TP and SL are tagged Don't take excessive risks Did you do any analysis before making this deal

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End of week update from us here at KOG: It's been a good week on the markets with us managing to trade this down and then up again but only into the 2645 level which is where we wanted to see a reaction. Unfortunately, that reaction was small and flipped resistance, so we told traders to protect and take partials and leave the markets there. Since then, we have activated and completed 2 long targets but we're just too stretched now to even consider anything. We've highlighted 3 levels of interest here for the close, with the high at a potential 2670-75 region, if attempted. If we can see a reversal around here, we should see this attempt to close around the 2645-50 region.Either way, not worth getting involved with,we'll wait for the close and make a plan for next week. Wishing you all a great weekend ahead and we'll see you on Sunday for the KOG Report. As always, trade safe.

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