Dump not over yet - See where btc will goBitcoin has been dumping since a few weeks now but the dump is not over yet. I'm expecting btc to bottom at 49.7-49.2k range. This can happen today, or within the next 7-10 days. Do not open any longs. Market is good for shorting. Dump is inevitable.
Note: This is not financial advice. Your money - your loss.
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Btcdominance
BTC AnalysisIts quite messy but look carefully we have the highest trading volume on 57560 which is broken that is a very bullish sign, And now the VWAP is at 59308.
If it breaks the VWAP value we will be definitely going up on BTC upto 60+K again.
As you can see our both trendline worked pretty well without giving any fakeout the smaller one (yellow) and the overall (blue), now we will look to our 62588 resistance level don't worry it gets rejected from there once or thrice it part of the market after that volume will decide to break it or not.
BTS/USDT 4HOUR UPDATEWelcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC/USDT analysis 4hour update is btc strong support $60300.
and 2nd support $57900. and bounce back and don't panic
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BTC/USDT 4HOUR UPDATEWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC /USDT analysis 4hour update is btc strong support 21MA $64400.
and 2nd support 100MA $635000.
Sorry for my English it is not my native languages.
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BTC/USDT 4HOUR UPDATEWelcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC/USDT analysis 4hour update is btc strong support $62700.
and channel brake after $60k,$58k
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
BTS/USDT 4HOUR UPDATEWelcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart..
BTC /USDT analysis It's happening just like I said $68400 positive signal and BTC 4 hour update is supporting zone is green line and very Inportant support and $67000
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BTC/USDT 4HOUR TECHNICAL ANALYSISWelcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart .
BTC is trading around $62.600 the support is $60000 and $59000 OR 21 ma and resistances level is $63600.
Breaking down below $60k will be a red alarm for the market and a break out above the 630000 will be all good for the market.
If its breaks the 21ma and $60000 support level then the chart will be invalid.
What's your thought on this?
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BTC Dominance IdeaNotice the similarities in 2017 and now. The marked Green circle shows the similarity of Today with 2017 BTC dominance. We are currently ending Cycle "2"->"3" and about to start Cycle "3" -> "4" in August 2021. As per this chart, BTC dominance should fall after reaching the 1.618 Fib Retracement at BTC dominance 51 level. August 2021, we could see a Good Alts rally as BTC dominance could be falling like in previous cycle.
BTC Dominance IdeaNotice the similarities in 2017 and now. The marked Green circle shows the similarity of Today with 2017 BTC dominance. We are currently ending Cycle "2"->"3" and about to start Cycle "3" -> "4" in August 2021. As per this chart, BTC dominance should fall after reaching the 1.618 Fib Retracement at BTC dominance 51 level. August 2021, we could see a Good Alts rally as BTC dominance could be falling like in previous cycle.
BTC Dominance try to break it Downtrend, what coming next?Technical Analysis:
BTC Dominance
Seems to be on some resistance here, just as BTC is nearing the top of the range its been in for just over a month.
I’ll be watching this play out, if we see BTC.d break this res its likely because BTC has broken out of the range highs. However, be weary because a volatile move up for BTC could be followed by a volatile move down… at least i expect a scenario such as that to be max pain for most participants.
If we see BTC.d reject here, its likely representative of a relatively sideways moving BTC and we see some relief on alts that should make for some nice breakout set ups that we can look for and trade.
Either way, a key level I will be watching for a reaction on.
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BTC Dominance is near to 2018 support levelBTC dominance took a hit after many alt coins saw unprecedented buying there a lot of coins that are undervalued but majority of alt coins dont deserve the valuations that they are currently trading at.
Expecting the shitcoins to underperform whereas BTC to reclaim its dominance.
$45-50k zone would be a good zone for sideways move and after consolidation the rocket move can take $BTC above 100K mark.
Keep HODLING and book partially from alt coins that are over valued.