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smart pencil
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#BTC #BEARISH_MARKET According to the previous price action, It's confident to be expecting a bear on the BTC/USDT pair. Factors to consider are 1. The volume keeps dropping 2. The 60k BTC area has marked a supply zone 3. All of a sudden loss of rally steam Expecting the price to drop to as low as 57k then consolidate and drop further

#BTC #BEARISH_MARKET

According to the previous price action, It's confident to be expecting a bear on the BTC/USDT pair. Factors to consider are

1. The volume keeps dropping

2. The 60k BTC area has marked a supply zone

3. All of a sudden loss of rally steam

Expecting the price to drop to as low as 57k

then consolidate and drop further

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#BTC #PENNANT The BTC pair is forming a Pennant pattern with point 69,200 as the resistance and point 62,200 as the support level, breakouts from the resistance may result in a continuous uptrend, while respecting the actual bullish Pennant pattern, while breakouts through the support can lead to a short term downtrend.
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#BTC #BULISH BITCOIN recovered most of its losses early this Wednesday, halving on the pair is continuing to attract more buyers, yesterday the pair dropped from its highest record of 69k to a low of 59k if the pair managed to break its all-time high at 69k there are chances of continuous uptrend on the pair. What are your thoughts about BTC/USDT today drop your strategies in the comment section
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#BTC #BEARISH CONGRATULATIONS TO THOSE THAT HAVE BEEN FOLLOWING OUR UPDATES ON BTC THE BTC pair is currently under bear pressure which has been showing resistance from the 69k level as we previously anticipated. There is more chance of bearish action and it could also be a chance to buy the dip we are still analyzing the market to provide a Better entry position
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#BTC #FOMO BILLIONS OF DOLLARS ARE GOING TO BE LOST BECAUSE OF FOMO Ever since the BTC/USDT pair broke the 60k resistance level there has been so much pressure on the pair with speculation of 100k next target for the pair. Have you ever wondered what will happen if it goes otherwise, I think the best idea is to wait for a full breakthrough of the 69k to 70k resistance level before deciding to go long on the pair, FOMO is a psychological factor of loss in trading than any other technical or fundamental paralysis in the market
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This was my previous view of Bitcoin I am targeting 60k
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