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BITCOIN BEARISH OUTLOOOKBitcoin Update: Key Alert! Quick Analysis: As previously highlighted, #Bitcoin remains under pressure. Staying below $67,900 has shown us there’s limited upward potential, and now it's more evident with the recent rejection from $67,000. Bitcoin is currently trading below $62,000, signaling a strong bearish trend. Current Status: Bearish Outlook: Bitcoin's failure to surpass $67,900 has set a bearish tone. Watch out as it now trades below $63,000, which might trigger further declines. Support: $51,000 Resistance: $63,900 / $67,700 Suggestion for Traders Monitor these crucial thresholds and adjust your trading plans accordingly. Stay prepared for swift market movements. CRYPTOCAP:BTC #Cryptocrash
BITFINEX:BTCUSDShort
by CryptoPatel
What's Next for Bitcoin? Understanding Its Current Price MovesWhat's Next for Bitcoin? Understanding Its Current Price Moves #Bitcoin Market Brief Current Status: CRYPTOCAP:BTC is trading near $64,000 amid recent declines. Bearish trends dominate due to global uncertainties affecting crypto markets. Key Levels: Support: Watch $63,800. Falling below could lead us to $51,000. Resistance: Key resistance at $67,600. Below this, expect continued bearishness. Observations: Recent charts show a trendline breakout and retest, suggesting a possible further drop. Stay alert to these patterns for trading cues. Action Points: Maintain strict stop-losses to minimize risks. A break above $71,000 could shift momentum to bullish, signaling a potential new ATH. Suggestion: Focus on technical analysis and update strategies with market changes. Keep an eye on global news that could sway crypto prices. Looking Ahead: A climb over $71,000 might set the stage for new record highs. Keep tuned for updates. #BTC #Cryptocrash
BITFINEX:BTCUSDShort
by CryptoPatel
BITCOIN BEARISH MODE SO READY FOR $50,000 ?#BITCOIN BEARISH ALERT Market Status: Bearish Key Observations: Pattern Breakdown: Bullish Pennant formation has been compromised. Trend Line Status: Currently trading below the key trend line. Targets: $50,000 Condition: This target is set under the condition that #BTCUSDT remains below $65,500. Keep a close eye on the price movement. A sustained position below $65,500 could confirm the bearish momentum towards our target. Stay tuned for further updates! CRYPTOCAP:BTC #Cryptocrash
Short
by CryptoPatel
Bitcoin Symmetrical Triangle Fake breakout#BitcoinUpdate | CRYPTOCAP:BTC Trading Insights Current Formation: CRYPTOCAP:BTC is sculpting a Symmetrical Triangle, suggesting a pivotal movement ahead. Recent Activity: Noticed a Fake Breakout with $BTC/USDT, reverting to trade within the Symmetrical Triangle. Bearish Alert: Caution if #BTC plunges below $65k. This level is a critical juncture for future trends. Strong Support: Steadfast at $65,000. Bulls dominate above this threshold. Trading Strategy: Hold your trades until a clear Symmetrical Triangle Breakout. Patience is key. Bullish Outlook: An upward breakout could signify a monumental bull run for Bitcoin. Engage & Share: RT/Like if you find this setup aligned with your market expectations. Let’s ride the wave together!
by CryptoPatel
1
#Bitcoin Big Fight: Bulls vs. Bears ( Fresh Update )#Bitcoin Big Fight: Bulls vs. Bears ( Fresh Update ) Hey everyone! Right now, Bitcoin is at $66,233 Key Points: Big Move Alert: If Bitcoin jumps over $70,500, we might just see it hit $100,000 super fast. Bulls' Hope: Watch out for $62,500. If we stay above this, the bulls have a chance to keep the party going. Bears' Target: If we fall under $62,500, we could be heading down to $50,000. Important Levels: Support (Bulls' Floor): $62,500 Resistance (Wall to Break): $71,000
by CryptoPatel
Charting the Future: $BTC HTF Analysis (2024-2026)Bitcoin recently hit a new ATH of around $74k and is now showing signs of forming a local top before a potential correction. There is a significant amount of liquidation expected below $50,700. The next $Bitcoin halving is predicted to occur on April 21, 2024. The first support level is at 60k, followed by support around 40k. A correction to 50k is expected before potentially reaching 100k. Buying below 60k could be a good opportunity. Sell after the second quarter of 2025. In my opinion, do your own research before making any decisions. Good Luck! CRYPTOCAP:BTC
COINBASE:BTCUSDLong
by femtoxbt
1