Bitcoin Price action has shown a solid reaction so far, an | LARVA på Binance Square

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Bitcoin 

Price action has shown a solid reaction so far, and we're keeping an eye on the mid range of the channel. 

#BTC  #cryptocurrency  #trading

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#Altcoins Sector performance seeing the DeFi coins perform best last week. This is a pretty rare sight especially as ETH traded down during this time which most DeFi coins are tied to. Good sector to watch in case ETH were to show further relative strength like in recent days.

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We can see a re-bounce from this positions. but look out for bullish confirmation first. and dont forget to #DYOR $BTC

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#BTC 1D Bitcoin printed bearish divergence with RSI on the daily chart and most lower time frames. Look for bullish divergence.

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$BTC is again under Down Trend! if it breaks it, 100k will be Next spot.

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Breaking Down the Bitcoin Sell-Off Another significant sell-off has hit Bitcoin, this time originating from increased volume at the upper boundary of the downward channel on the CME chart. Is this just market manipulation? Many are speculating that the recent plunge, amounting to roughly $2 billion in Bitcoin, was orchestrated by the US government. It’s a perplexing situation where crypto is simultaneously praised and undermined by those in power. Clearly, the scales still tip in favor of the naysayers. What's next for Bitcoin? For now, my outlook remains unchanged. I anticipate a rebound from the channel's upper boundary, followed by continued movement within the broader downward channel. To confirm a sustained downtrend, Bitcoin needs to break below 67-66K initially, and then dive under the 64K mark. Let’s keep a close eye on these levels! #Bitcoin #Market #manipulations

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