Worst case scenario it will go below 50K. As you guys already knew the geopolitical tension. Middle East getting worsen. Oil is about to explode up because oil supplies can't transfer properly through ships and so asset will move to safe haven. BITCOIN is consider risky as of now by the market. And halving is on the way .but this time is different. Learn to...
- High movement - 3rd wave extension to 66 K ( timeframe - May'24) - RS is positive
In this BTC/USDT technical analysis, we analyze the current price action and market trends to identify potential trading opportunities. The analysis suggests that BTC/USDT might experience a corrective phase from a significant resistance zone. Analysis :- BTC/USDT is currently facing a crucial resistance zone in the range of 30200 to 30400. Historical price...
CRYPTOCAP:BTC #BTC Testing HKEX:31 ,010 resistance area, HKEX:30 ,623 support yet to be tested. Bullish engulfing on last 1D close, expecting a follow up today. If breaks HKEX:31 ,010 expect resistance at HKEX:31 ,372- HKEX:31 ,611.
CRYPTOCAP:BTC #BTC Testing HKEX:30 ,282, back on HKEX:30 ,002 support. HKEX:30 ,623 required as support to avoid fakeout. HKEX:30 ,623 key resistance to watch.
CRYPTOCAP:BTC #BTC testing HKEX:30 ,002 support, HKEX:30 ,282 resisting. HKEX:30 ,623 resisted with a wick on last attempt. Last 4H close looks fine but current 4H is not looking good as of now, if fails to hold current support expect HKEX:29 ,742 support to come in effect.
$BTC #BTC Testing $28,590 resistance with a wick tapping $28,781, support at $28,781 required to avoid fakeout and test $29,199. Last 4H close looks good, $28,298 support to be tested yet
$BTC #BTC Resistance in effect, Current support $27,478. 1D closed fine yesterday. Must regain $28,298 to continue climb and reattempt at $28,590-$28,781. Watch Given S/R
$BTC #BTC $27,994 support in effect, $28,298 resistance in effect, as expected lost $28,298 support turned resistance. 1D closed with bearish pin bar failing to follow thru on bullish engulfing from Wednesday.
$BTC #BTC Back above $27,994, current support at $28,298-$28,590. Testing $28,590 support. Fakeout on 4H with wick tapping $29,199 resistance. Last 4H close bearish watch $28,298 support. 1D closed good. $28,781 support needed to reattempt $29,199
$BTC #BTC Struggling to regain $27,994 support. 1D closed bullish, $27,478 support in effect. If followed up last 1D close expect $28,298 test.
$BTC #BTC Regained $27,994 support and currently on it, $28,298 resisting. Reattempt at $28,781 failed yesterday. Last 4H close looks good, 1D closed with bullish engulfing, needs $28,590 as support to breakout $28,938. Continue watching given S/R
$BTC #BTC FUD and Interest rate hike hit with $2K drop yesterday, $26,650 tapped for support, $27,478 currently testing, needs $27,994 as support to reattempt $28,298 and resume. 1D closed badly failing to follow up on bullish engulfing from Tuesday, Continue watching given S/R
$BTC #BTC Regained $27,994 support, $28,298 resisting, Last 4H closed with Bullish pin bar, 1D close with bullish engulfing if followed thru expect $28,590 retest. Next key resistance around $29,483 if takes $28,590.
$BTC #BTC As expected struggling at $28,298-$28,590, current support remains at $27,478. Requires to gain $27,994 support to retest. Last 4H closed bearish, but 1D close looks good. Watch S/R
$BTC #BTC $27,478 support in effect, took $27,994 during the weekend, $28,298-$28,590 resistance in effect. Expect struggle at $28,298-$28,590 as it has been support since May '22 and testing for the first time since then, taking $28,781 support will bring chance to test $30,623
$BTC #BTC $25,336 tested as expected and broke, $26,333 resisted last climb, but holding given support at $24,690 with a chance to retest. 1D close bearish pin bar, needs to hold $24,690 support.
$BTC #BTC brokeout $22,750 and regained $23,713 support, $24,690 resistance in effect. Last 1D closed very good following thru previous daily close. Current support $24,129, $25,336 retest highly likely if regained $24,690 support.