Bitcoin Fresh Analysis ( more Dump or Pump ? )

Aug 5, 2024

#Bitcoin Fresh Analysis:
Bitcoin recently bounced strongly from the $50,400 Bullish Order Block. If Bitcoin can hold this support level, we might see it reach $65,000 soon. However, if it fails to hold and breaks down, the next possible support is around the $42,000 Bullish Order Block.
Always wait for confirmations before entering trades. Never risk your hard-earned money on uncertain moves.

Aug 13, 2024

Note

Bitcoin Technical Analysis Update: Key Levels to Watch



Last time, I mentioned that Bitcoin was likely to reach $62,000 after its drop, and now it’s hit that level. But now, it’s facing a critical zone between $62,000 and $65,000.

Key Levels:
Resistance Zone: $62,000 - $65,000
Strong Supports: $53,000 / $42,000

What’s Next: If Bitcoin can break above $65,000, we could see a new All-Time High. If it doesn’t, we might see a drop to around $45,000.