Been ridin' the crypto waves for 5 years,hustlin' hard and makin' moves.From deep dives into BTC to catchin' altcoin gems,I got the insights and signals u need.
#btc #TradingAnalysis #bullish I won't sit here and tell you long stories like other traders, but I do want to warn you all that BTC is currently trading at 56.1k, and while the overall trend appears bearish, today's drop could be a bearish trap. In the short term, the market might remain bullish. Most traders expect BTC to drop to 55k or even 53k, but I believe BTC will first rise above 56.1k and touch 57.3k before it drops. Hopefully, BTC will reach the 53.5k area within this week.
#btc relax guys , its just a start of week. A good trader expecting shorts sees a little pump at the start of the week as a welcome sign. So, enjoy the ride and don’t stress it!
#btc Now, all the dogs will come out and barking that "WE SAID BTC WOULD PUMP" whereas the reality is that only Whales handle this market, if those making predictions were so smart, they wouldn't be sitting on Binance Square throwing out their worthless analysis. They just confuse newcomers sitting here.
#btc #bearish I am not a professional writer or a trader. I will not show you trend lines, patterns, support and resistance charts, but I want to clarify one thing: traders or investors are creating hype in their posts that #BTC is bullish, with 70% short positions open that will soon be liquidated.
I won’t go into technical details, but I will mention that since July 19, 2024, #BTC has been trading sideways between 66k to 67k. On July 19, 2024, the 24-hour volume on Binance Futures was $20 billion, which has now halved to $10 billion.
Regardless of market sentiments, whether the news is positive or negative, this situation indicates that #BTC is forming an extremely bearish position.
Beyond this, Allah is the All-Knowing and Wise, and whatever happens is what Allah wills.
BTC is holding in the $56k to $58k range, altcoins are pumping, the market is quite green, and people are happy, but soon the market will turn red and people's happiness will end.