Our analysis of Bitcoin moved in a completely similar way of rising, correcting and continuing the rise
And the alternative currencies are still at their bottoms, not their tops
And what indicates that Bitcoin's acquisition is still high and there is still an opportunity to enter before the start of the alternative currencies season and the end of the Bitcoin season
The results of 3 states have appeared, 🔹 The results so far: ▫️ 19 votes for Trump ▫️ 3 votes for Kamala Harris 🔹 The results so far are normal, the states in which the results have been issued are known in advance that the majority have Republicans or Democrats, the most important thing is the results in the swing states, which are: Arizona, Georgia, North Carolina, Michigan, Pennsylvania, Nevada, Wisconsin
The image shows a comparison of Bitcoin’s price movement pattern after the US election in three different years: 2016, 2020, and 2024.
• In 2016, the price took 54 days to rise after the US election. • In 2020, the price took 58 days to rise after the election. • In 2024, it is expected that the price will take 60 days to reach a similar peak.
This pattern suggests that Bitcoin may follow a similar bullish behavior after the US election.$BTC
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“Happy 16th Anniversary of Satoshi’s White Paper” 🔔 Calls for Release of Silk Road Founder Ross Ulbricht from Prison, Promises to “End Kamala’s War on Cryptocurrencies and Bitcoin” 💵
🔹 Bticoin #BinanceTurns7 $BTC # 🔹 Bitcoin live update on the 4-hour frame, the tails that were formed indicate the strength of the support 66500 and a positive signal with the formation of divergence 🔹 Breaking the 66800 level, leads the price to the area between 65000 - 64500, which is the important support, followed by 61500, it is important not to break it to maintain the upward path 🔹 Positivity and a signal of the end of the correction by returning above 68000
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#Binance 🔹 Bitcoin ◾️ Do not rush to enter Bitcoin, it still needs to break the 63500 level to confirm the rise again. ◾️ Why 63500? Because it is the last peak formed before the recent decline, and breaching it upward means changing the structure of the chart and starting to form a new upward trend. This is purely technical analysis, which also supports the rise if 63500 is breached, which is the break that occurred to support 57000, so returning to above 63500 after this break of support. This means that breaking the support was a false break and we have a new rising wave ahead of us $BTC
⚠️A quick technical overview of Sheba’s coins, and it is not advice to buy
📉The currency is currently back to testing strong support between prices of 0.000018 and 0.000015 before launching and rising to its targets in the rising season of alternative currencies, which is expected to start from the current days until October. Its targets come at 0.000052 and 0.0000062, and its stop is the close of two weekly candles below the area. 0.0000014
#Binance 🔹 Bitcoin ◾️ So far, the support of 64500 is still holding, and the long contracts have been liquidated at this level. The price behavior is level with a falling wedge pattern with a strong divergence, which is activated by breaking the 65500 level with a target of 71000 ◾️ The most important supports: ▫️ 64500 ▫️61-62000 ▫️ 57000 ◾️ The most important resistors: ▫️65500 - 67000 ▫️71500
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And a very very important piece of advice from me 👇
Most people are currently at a loss and their wallet is potentially destroyed
I am one of those people who lose most of my currencies...but I buy in batches, meaning I try to arrange my affairs.
But if you don't have cash to boost, for example...or lose, and your currencies are a little far from your capital
My advice is to close the platform and never open it again for at least two weeks
Because if you open the wallet every hour, you will not find any difference, nor will you find that your currencies have gone up, nor will you find anything at all.
Why do you even bother yourself? Why do you even bother yourself? Save the sugar in your wallet and forget 👍
Quick information 🚨
When Bitcoin fell to $16,000, people lost hope to the point that it started to be said that the digital currencies had ended and were all a scam, and Bitcoin collapsed... and what happened after that, everyone knows where Bitcoin got with the currencies 😅
🔴Market liquidity is weak 🔴Bitcoin broke 66K downwards 🔴Currencies are constantly falling during the current period
💬 What is the solution for people who hang with losing currencies and do not receive any boost?!
⭕ Turn off your wallet and occupy yourself with something other than monitoring currencies, because it will make you nervous and make wrong decisions, and with the first rebound in the market and currencies, make a decision to exit or continue.
Your coins have dropped by 30 50%. All you have to do is be patient, reinforce and wait. We are in a difficult period at the present time. Anyone who exits now will regret it later, so be patient with your coins and do not rush. Everyone will hit the targets. Our goals are for the end of the year. Bitcoin’s target is 80 100k.