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#Megadrop BTC UPDATE: BTC pumped on weekends which id generally considered as fake pump and now BTC is exactly reacting to it's resistance so technically BTC will start falling from 63.7k till 61k. Due to pump BTC have made impulsive move so now corrective move must be happen till 61k ( Also have unmitigated order + FVG on this price range ). NOTE: DYOR before opening short. #CPI_BTC_Watch #mi_395 #Ethereum_ETFs_Expected_Date #US_Job_Market_Slowdown $BTC
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BTC SHORT SETUP BTC is currently trading around 57.2k. According to technical analysis, BTC broke down a major support level (57.6k) yesterday and is now going to test that level, which is acting as resistance. Technically, after touching this resistance level, BTC could make a significant downside move. We can take our short entries between 57.6k and 58k, with targets around 54k. #mi_395 #BTC☀ #Ethereum_ETFs_Expected_Date #CPI_BTC_Watch #BinanceTurns7 $BTC
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#ETH_ETFs_Approval_Predictions BTC UPDATE: BTC is currently trading around 57.2k, and technical analysis suggests some positive movements from here.BTC has formed a double bottom pattern, and also there is an unmitigated order block (Supply Area) around 62.8k, which BTC technically needs to mitigate.Sentiments are also positive, and the fear and greed index is at 27, indicating a possible bullish momentum.CONCLUSION: BTC is bullish and expected to go between 60k - 63k. #mi_395 #Ton_Coin_Surge #BinanceTurns7 #SOFR_Spike $BTC
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#BTC☀ BTC UPDATE ( 5 July ). Today could be very bad for BTC. Technically, BTC has been continuesely breaking its supports on the downside and is currently consolidating on one of its strong supports since yesterday. The buyers at this support level have already shown considerable strength by repeatedly pulling BTC back, and if external volume comes in, it is possible that BTC might go bullish. However, looking at the market sentiments, it seems that external volume will likely be negative today, and BTC will further drop to the 48k-52k level. If the situation worsens, we might see a crash similar to 2021. CONCLUSION: BTC is looking extremely bearish, so please do not take any long positions in either BTC or altcoins right now. In the greed to double your money, you might end up liquidating your account. #mi_395 #SOFR_Spike #US_Job_Market_Slowdown #IntroToCopytrading $BTC
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#BTC☀ BTC UPDATE: BTC is dropping more than expectations. BTC breakdown two Supports with strong candles and now holding on another strong Support. Maybe some news are affecting BTC but as per technical analysis BTC have to survive above 60k for next 20h until 1D candle close. If 1D candle closes below 60k then BTC have rare chances to go Up And Possibly it will drop to 56k - 57k level. And If BTC close 1D candle above 60k then BTC have high chances to hit 66k - 67k. FOR TRADE: Wait for US market to open and let see which volume will come from US market ( positive or negative ) so we can decide whether to long or short. Conclusion: BTC is in mixed situation whether it can go up or down until 1D candle close. Regards: @Trader_mi395 #mi_395 #US_Inflation_Easing_Alert #IntroToCopytrading #ETH_ETFs_Approval_Predictions $BTC
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