we will soon see some price correction in $BTC considering the analysis shared in my last post.
LIVE
awe98
--
Bearish
#USDT.D update
As per the charts, considering the channelized movement of USDT dominance over the past few weeks and also the pivot zone of 4.72% , it is rational to say that USDT.D is in the support area where a subsequent upward reaction is very likely which means market's probably heading for a time/price correction so lower levels will probably be hit in many coins.
As per the charts, considering the channelized movement of USDT dominance over the past few weeks and also the pivot zone of 4.72% , it is rational to say that USDT.D is in the support area where a subsequent upward reaction is very likely which means market's probably heading for a time/price correction so lower levels will probably be hit in many coins.
As I posted some time ago, btc went above 72k and after that we are witnessing a huge dump in the market and we will see $BTC going to 65k-66k range.
LIVE
awe98
--
Bearish
#BTC☀ update
As per the 4H timeframe on chart it is expected that $BTC will be going back to 66,500 - 66,900 area in few days after touching the 4h high somewhere between 69,600-70,960 range.
As per the 4H timeframe on chart it is expected that $BTC will be going back to 66,500 - 66,900 area in few days after touching the 4h high somewhere between 69,600-70,960 range.
The 5.21% support level is still holding well. Given the Price action, Indicators and Time elements (1H & 4H), it might be possible to see some upward reaction in USDT dominance meaning that a dump in the entire market is a possibility.
TOTAL has reached an area where several resistances are located. Considering the bearish divergence, some dump in TOTAL is a possibility. Crossing below the blue trendline is The trigger for this dump.
"Money Electric" HBO Documentary Discusses Bitcoin’s Rise and US Dollar Rivalry
A new HBO documentary covering Bitcoin will reportedly uncover the identity of the cryptocurrency’s pseudonymous creator Satoshi Nakamoto. Nakamoto’s true identity has been argued and speculated for over a decade. A potential resolution to this debate could send ripples through the crypto industry, answering one of the biggest questions in crypto: who is the Bitcoin whitepaper writer?
$BTC seems bullish on chart and is getting close to the short term ascending trendline and it's possible to see a pump through the resistance zone (64000-65000) soon. in that case BTC can reach 70,000 zone.
as I shared in my last post, seems like we are going to see a dump in $BTC going below 50k sooner than expected, also from charts I think $BTC will go around $45k this time, and we will witness bearish move in whole market.
like and follow me for more updates, #Market_Update #CryptoMarketMoves #btcupdates2024
LIVE
awe98
--
Bearish
Quick update on #BTC☀
The gap in CME Future chart has just got filled and $BTC faced sell pressure afterwards. As just stated before, BTC and the whole market are most probably are heading for much lower levels.
$BTC might go up to 61k but it will definitely dip below 50k in some time, maybe around a week's time.
as I shared in my last post, seems like we are going to see a dump in $BTC going below 50k sooner than expected, also from charts I think $BTC will go around $45k this time, and we will witness bearish move in whole market.
The gap in CME Future chart has just got filled and $BTC faced sell pressure afterwards. As just stated before, BTC and the whole market are most probably are heading for much lower levels.
$BTC might go up to 61k but it will definitely dip below 50k in some time, maybe around a week's time.