BTC SHORT TO $94,760Finally some clarity from BTC, well worth sitting on our hands for a short period. We created a short term down trend with multiple confirmations (SMA break and rejection, LL's & LH's etc) a retracement back to the golden ratio and a rejection from a major key level has resulted in some bearish momentum for BTC and all correlated markets.
We'll se how this plays out as exhaustion will play some restriction in the momentum BTC can hold although i do think the target / 61.8% retracement level will be met of $94,760
Also currently waiting on BTC to produce a new LL on the 1H time frame so lets see how that pans out. I have moved stop to $11,065 to lock in 1.5% as we've been out the market for a few days.
P.S, sorry slightly late on posting this idea
Bitcoinprediction
Overbought Warning: Exercise Caution in Current Market Cycles
⚠️ Overbought Warning: Exercise Caution in Current Market Cycles ⚠️
Bitcoin and many altcoins are significantly overbought in their respective cycles. 🚨
Caution is strongly advised.
Avoid jumping into investments late in the 1-week cycle. Instead, wait for the cycle to dip below 20 before considering an entry. 📉
🧠 Quick Recap: How to Use the Cycle Signals
- ✅ Green Zone = Potential Buy Signal
- 🚫 Red Zone = Potential Sell Signal
We’ve been in the red zone for a considerable amount of time now, signaling heightened risk. A retracement appears likely, so patience is key!
⏳ The Danger of FOMO
It’s tempting to trade when:
- The market moves 24/7 🌐
- Influencers flaunt their PnL cards 📊
- News and activity are constant. 📢
But jumping into an overheated market can lead to losses, not gains.
✅ What to Do Instead:
- Don’t chase the hype.
- Missed a 10-15% gain? No problem! Compare that to the profits from buying in the green zone and selling in the red—you’ll make far more with less risk.
🔑 Stay Smart, Stay Patient
Remember: **There’s nothing worse than watching your portfolio bleed daily.** Avoid the stress by simply waiting for better cycle opportunities. 💡
This is not financial advice. Always do your own research! 📖
BTC / USDT: Bouncing back strong from key support BTC/USDT: Bouncing Back Strong from Key Support
Bitcoin (BTC/USDT) is showing resilience 💪 as it rebounds from a critical support level, signaling potential bullish momentum ahead 📈. This key level has previously acted as a launchpad for strong upward moves, and the current price action hints at a similar scenario unfolding 🚀.
Key insights:
1. Strong support zone: BTC has bounced off a well-established support area, reinforcing its importance as a demand zone.
2. Momentum shift: Indicators like RSI and MACD are turning upward ⚡, hinting at renewed buyer interest.
3. Volume increase: Early signs of increasing volume suggest that bulls are stepping back into the market 🔥.
Steps to confirm the uptrend:
Watch for a clear 4H or daily candle close above immediate resistance levels 📍.
Monitor trading volume; a surge in volume during upward moves strengthens the bullish case 📊.
Look for higher highs and higher lows on the charts to confirm a trend reversal 📈.
Risk management strategies:
Set a stop-loss below the support level to limit potential losses 🔒.
Scale into positions gradually as bullish confirmation develops 🎯.
Avoid overleveraging; position size should align with your overall trading plan ✅.
Important note:
This analysis is for educational purposes only and not financial advice. Always conduct your own research (DYOR) 🔍 and trade responsibly.
Bitcoin is Ready to fill CME Gap!!!Bitcoin ( BINANCE:BTCUSDT )is approaching the Resistance zone($105,560-$104,940) , Downtrend line , and Cumulative Short Liquidation Leverage($105,654-$104,709) .
According to Elliott's wave theory , Bitcoin seems to be completing wave 4 . Probably wave 4 will end in the Resistance zone($105,560-$104,940) .
I expect Bitcoin to go towards filling the CME Gap($103,325-$101,840) AFTER breaking the Support line .
⚠️Note: US indices (Federal Funds Rate, FOMC Economic Projections, FOMC Statement) can affect the trend of Bitcoin; the possibility that the market will get excited when the indices are announced is very high.⚠️
⚠️Note: If Bitcoin breaks the Resistance zone($105,560-$104,940), we can expect Bitcoin to rise further, especially if Bitcoin touches $106,200.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin: Hold now, buy laterHello,
Bitcoin is a clear uptrend as the price is above the moving averages, as the picture on the left side of the chart shows. Technical indicators like Ultimate Oscillator, ADX, MOM, and MACD are bullish. However, RSI indicators are overbought, which means Bitcoin might go higher, but there'll be a better time to buy when the market corrects the overbought conditions. I hold my Bitcoins, but I won't buy any more until the upcoming correction, which might come soon.
Regards,
Ely
Bitcoin Likely to See Slow and Choppy Price ActionBitcoin has re-entered the range zone between $99,108 and $103,033, suggesting that we may experience slow and choppy price action in the coming days.
1. For now, Bitcoin has established support at $99,108, which could lead to increased bullish momentum toward the upper boundary of the range at $103,033. This move could occur from the current price level or after a dip back to $99,108 (dashed green projection).
2. A strong breakout above $103,033 with sustained momentum would turn Bitcoin bullish on the 4-hour chart and could set the stage for a rally toward $107,658, the next significant resistance zone (solid green projection).
3. If Bitcoin fails to hold support at $99,108 and breaks below this level, the chart would turn bearish (dashed red projection). The bulls’ last line of defense is at $97,000. A breach below this level could lead to intensified bearish pressure, driving the price toward the $94,500 support zone (solid red projection).
Consolidation within the $99,108 to $103,033 range, with Bitcoin maintaining a moderately bullish bias, could create favorable conditions for Altcoins to perform well.
Bitcoin Bubble Is Bitcoin Heading for a Bubble Burst in 2025?
Bitcoin’s price movements have historically followed a predictable 4-year cycle, driven by its halving events. These halvings, which cut mining rewards by half, have consistently triggered parabolic bull runs, followed by significant corrections. Past cycles demonstrate this pattern clearly: the 2012 halving led to a massive rally in 2013, only to be followed by an 80% crash in 2014; the 2016 halving fueled the 2017 rally to $20,000, followed by an 85% correction in 2018; and the 2020 halving saw Bitcoin peak at $69,000 in 2021, before a sharp downturn in 2022. As the next halving approaches in 2024, many traders and investors are questioning whether history will repeat itself, with a potential “bubble burst” looming in 2025.
Adding to this, recent comments from Federal Reserve Chairman Jerome Powell have raised concerns about the broader macroeconomic environment, which could contribute to speculative bubbles forming. Powell has hinted at potential risks of overextended financial markets, with the Federal Reserve maintaining a “higher for longer” stance on interest rates. This policy could dampen liquidity and speculative growth, which often fuels Bitcoin’s parabolic rallies. Powell’s warnings signal that Bitcoin could face heightened risk of a sharp correction if valuations become unsustainable.
From a technical perspective, Bitcoin currently shows signs of forming a bearish flag pattern on higher timeframes. This pattern, if confirmed, suggests a potential breakdown and retracement to key support zones. Historical data shows that Bitcoin often retraces 50%-80% of its bull market gains during bear markets. If Bitcoin reaches a speculative peak in late 2024 or early 2025—potentially exceeding $120,000—a correction of this magnitude could bring it back to $70,000 or lower, aligning with past market behaviors.
The $70,000 level could act as a crucial support zone, as it represents a psychological threshold and a region of high trading volume from the 2021 bull market. However, if macroeconomic factors such as rising interest rates, regulatory pressures, or liquidity constraints intensify, Bitcoin could even breach this level temporarily, much like it did during previous cycles when fear dominated the market.
While Bitcoin’s fundamentals have improved due to increased institutional adoption, Bitcoin ETFs, and its role as a hedge against inflation, traders must remain cautious. With speculative mania likely to drive Bitcoin to new highs post-halving, the risk of a significant correction by mid-to-late 2025 remains high. If the bearish flag confirms and Powell’s warnings materialize, Bitcoin revisiting the $70,000 level could become a reality.
Bitcoin | First Line of DefenseBitcoin's first line of defense lies within the blue boxes, marking potential areas of interest. However, there are currently no significant demand zones, making it more prudent to wait for upside breakouts on lower timeframes before considering a buyer's position.
Given the uncertainty around the depth of the ongoing correction, it's wise to maintain some cash reserves to adapt to market movements effectively. Patience and careful observation will be key in navigating this phase.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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Bearish USDT.D Bounce Off Support Trendline, Total 2 + Total3 Here's a follow up study to my USDT.D analysis from a few weeks ago, showing the markets typically sell off and put in a near term market top when Tether Dominance bounces off this key trendline (since 2018).
This is likely a sign of further downside on Bitcoin and the Total Market Cap with a further 20% correction likely before we bounce again. Hopefully in time for a Santa Claus Rally.
Also I look at how price clearly rejected on the Total 2 and Total 3 Market Cap's at the old ATH's from 2021. So it's no surprise markets are selling off here.
I've been saying 'Show me the charts, and I'll tell you the news' for years...
So while Powell's comments today were Bearish, it was incidental.
The market needed a cooldown, and the FOMC comments today were just the catalyst.
Let me know what you think below, and go ahead and like the video if you'd like me to do more of these here on the TV channel.
For more about us, check out the links in my Bio.
Bitcoin Futures Confirming 3 Drives of Bearish Divergence
In the recent analysis of futures on the daily timeframe, a technical pattern known as the "3 Drives of Divergence" has been confirmed, signaling a potential trend reversal. This pattern, often associated with strong bearish momentum, has been observed with a divergence in the Relative Strength Index (RSI), further supporting the bearish outlook.
RSI Divergence: The RSI, a momentum oscillator, shows a bearish divergence where the price makes higher highs, but the RSI makes lower highs. This is a classic sign of weakening upward momentum, often preceding a price decline.
Key Levels:
Reversal Pivot: If the price closes below 97K on a daily timeframe. This pivot is critical as it is the last resistance before a potential downtrend.
Target Futures Gap Fill: Historical price action suggests a gap in the futures market that might get filled. This target zone, marked on the chart, could act as a price magnet for Bitcoin if bearish pressures continue.
Bitcoin Tests Key Support: Eyes on $103KBitcoin is technically bullish in the 4-Hour chart. However, it gave up bullish move from the last days and is now testing the key support zone near $103,033.
1. A pullback to retest the $103,032 with a dip below it, followed by a strong rebound above this level will push Bitcoin price towards $108,550 (dashed green projection).
2. A decisive move towards $108,550 and breakout with confidence could pave the way for further upward momentum towards $113,692(solid green projection).
3. If Bitcoin fails to hold above $103,032 and breaks below this level without a swift recovery, it could indicate a loss of bullish strength and Bitcoin chart will turn to neutral. This may trigger increased bearish activity, leading to sideways movement or a potential decline toward the $99,108 support level (red projections).
BTC at a Crossroads: Will We Crash to 50K or Blast Off to 117K?BTC Update
Hey team, here’s the scoop on Bitcoin right now. We’re at a key level, and the next move could set the tone. Let’s break it down:
If BTC drops below 103,445, we could see a dip to 80–85K. If the pressure keeps building, it might even slide to 50–53K.
But if BTC breaks above 108K, we could rally to 117K before things cool off again.
Trading can feel uncertain, but it’s all about being prepared. No matter what happens, trust your plan, stay patient, and take it step by step. You’ve got this!
By the way, if you’re curious about how to balance trading and wellness—or just want to chat about trading mindset—send me a DM. Let’s win together, on and off the charts.
What’s your take—are we heading up or down from here?
Kris/Mindbloome Exchange
Bitcoin Roadmap==>>Short-termWith the start of the new week and the good news that came during the weekend , Bitcoin ( BINANCE:BTCUSDT ) began to pump again and successfully created a new All-Time High(ATH) .
Bitcoin has already managed to break the Resistance zone($104,280-$103,340) .
According to Elliott's wave theory , Bitcoin seems to be completed wave 4 ; we should wait for Bitcoin to rise again . The structure of wave 4 is of the Double Three Correction type(WXY) . Bitcoin is currently completing wave 5 .
Also, USDT.D% ( CRYPTOCAP:USDT.D ) managed to break the Support lines and the Support zone(4.00%-3.90%) ( on the chart it is currently the Resistance zone ) and we have to wait for another attack on the Next Support zone(3.82%-3.77%) . A drop in USDT.D% can make Bitcoin rise .👇
I expect Bitcoin to start rising again after the completion of microwave 4 of wave 5 . Bitcoin's Targets can be :
🎯 $107,320 - $106,967 🎯
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin is Teasing $105K: Bullish Breakout Ahead?Bitcoin has exhibited bullish momentum yesterday and now is teasing the intraday resistance level near $105,140. However, given the current market conditions, caution remains essential as price action could develop in either direction.
Ideally, I would like to see either (A) a pullback to retest the $103,032 level, followed by a bounce back above this level, or (B) sustained break-out above $105,140. These scenarios would increase the likelihood of a bullish continuation toward the next major resistance zone between $107,655 and $108,550 (Green Projections).
On the flip side, if Bitcoin drops below the $103,032 level and fails to recover quickly, it may signal a shift in momentum. This could lead to increased bearish pressure, sideways price action with a potential retest of support at $99,108 (Red Projections).
Traders should monitor these key levels closely for confirmation of the next major move.
Bitcoin Punches 108k Bulls up Bears Down!Bitcoin www.tradingview.com has broke past $108K, and the next key resistance levels are $110K and $112K . The $110K zone acts as psychological resistance where profit-taking is expected, while $112K aligns with the 1.618 Fibonacci extension from the last breakout, a major target for traders watching harmonic patterns like AB=CD.
Key Indicators and Patterns
1. Bullish Flag Breakout: Bitcoin’s flag pattern breakout pushed prices with strong momentum.
2. MACD: A bullish crossover on the daily chart signals continuation potential.
3. RSI: At 74, momentum remains strong, though nearing overbought conditions
4. Volume Spike: Institutional buying has validated the breakout—big money moves faster than your ex on payday.
If Bitcoin clears $112K, the next target aligns near $120K-132k based on extended Fibonacci levels. For now, bulls are pounding the bears harder than a heavyweight boxer, and momentum indicators favor continued upside.
Congratulations to everyone for reaching this milestone—let’s stay focused and keep riding this bull like it owes us rent! Don't forget to follow to keep get daily updates!
Bitcoin Eyes $107K: Key Levels to WatchBitcoin is showing bullish momentum, breaking through the key intraday resistance around $102,000. However, given the weekend, I am keeping my expectations realistic.
1. Ideally, I’d like to see either (A) a quick dip below $101,662 followed by a prompt recovery, or (B) sustained price action above $101,662. Both scenarios would significantly increase the likelihood of a bullish move toward the critical resistance at $107,000 in the coming days (as per the green projections).
2. Conversely, a drop below $98,984 could lead to choppy price action, a considerable slowdown in momentum, and a high probability of retesting the $94,650 level.
Bitcoin's Bullish Run and Record HighBitcoin's meteoric rise has captivated the world, with its price surging to record highs and traders setting their sights on even more ambitious targets. As the cryptocurrency market experiences a bullish "Santa Claus Rally," Bitcoin traders are now targeting a staggering $120,000 price level.
Bitcoin's Bullish Run and Record High
Bitcoin's recent rally has been fueled by a confluence of factors, including increased institutional adoption, growing global interest, and favorable macroeconomic conditions. The cryptocurrency has consistently broken new price records, surpassing the $100,000 mark and even reaching heights above $106,000.
However, the market's optimism has been tempered by concerns about the potential impact of a "hawkish rate cut" by the Federal Reserve. While a rate cut is generally considered bullish for risk assets like Bitcoin, a hawkish tone from the Fed could dampen sentiment and lead to a price correction.
The Fed's Impact on Bitcoin
The Federal Reserve's monetary policy decisions have a significant influence on the cryptocurrency market. A rate cut can stimulate economic growth and increase liquidity, which can benefit Bitcoin and other digital assets. However, if the Fed signals a less accommodative stance or hints at future rate hikes, it could lead to a sell-off in the market.
Bitcoin's price has historically been correlated with traditional financial markets, and the Fed's actions can have a ripple effect on the cryptocurrency's value. Therefore, traders are closely monitoring the Fed's announcements and any potential shifts in its monetary policy.
Bitcoin's Potential as a Reserve Asset
Another factor that could increase Bitcoin's price is its increasing adoption as a reserve asset by institutions and governments. Several countries have expressed interest in incorporating Bitcoin into their national reserves, recognizing its potential as a store of value and a hedge against inflation.
If major economies start accumulating Bitcoin as a reserve asset, it could significantly increase demand for the cryptocurrency and drive its price to new highs. This development could further solidify Bitcoin's position as a digital gold and a valuable asset for investors.
The Road to $120,000
While the $120,000 price target may seem ambitious, it is not entirely out of reach. If the bullish momentum continues, supported by strong institutional adoption, favorable macroeconomic conditions, and potential positive developments in the regulatory landscape, Bitcoin could very well surpass this milestone.
However, it is important to approach the cryptocurrency market with caution and to be aware of the inherent risks involved. Bitcoin is a highly volatile asset, and its price can fluctuate significantly in a short period. Traders should conduct thorough research, diversify their portfolios, and consider consulting with financial advisors before making investment decisions.
In conclusion, Bitcoin's recent rally has been impressive, and the cryptocurrency's potential for further growth remains significant. While the Fed's monetary policy decisions and broader macroeconomic conditions will continue to influence the market, the increasing adoption of Bitcoin as a reserve asset and the growing interest from institutional investors could drive its price to new heights. As Bitcoin traders set their sights on the $120,000 target, it is crucial to maintain a balanced perspective and to be prepared for both upside and downside risks.
Bitcoin Hits New All-Time High of $107k — Is $150K Next? Bitcoin ( CRYPTOCAP:BTC ) has once again shattered expectations, climbing to a record-breaking $107,000. This milestone follows a 3.68% surge over the weekend, with bullish sentiment fueled by a surprising announcement from President-elect Donald Trump.
Bitcoin Price Today
Bitcoin’s recent rally can be attributed to President-elect Donald Trump’s pledge to establish the U.S. as the global center for Bitcoin and cryptocurrency innovation. During a CNBC interview on Sunday, Trump unveiled plans for a U.S. Bitcoin reserve, emphasizing the need for the country to lead in digital assets. This announcement sparked a surge in buying activity, propelling Bitcoin to its new all-time high of $106,727.
The market’s reaction underscores the growing influence of policy decisions on crypto prices. Trump’s pro-Bitcoin stance has injected optimism into the market, with investors viewing it as a step toward broader institutional adoption and regulatory clarity.
Technical Analysis
From a technical perspective, Bitcoin is currently trading at $106,893, slightly off its daily high of $107,080. The recent breakout above the psychological $100,000 level signals strong bullish momentum. Key technical indicators suggest further upside potential:
1. Relative Strength Index (RSI): While the RSI stands at 71, indicating overbought conditions, historical patterns show that Bitcoin can remain overbought during strong uptrends.
2. Support Levels: In the event of a local correction, support ranges are identified at $97,500–$99,500 and $94,100. These levels could provide buying opportunities for traders looking to enter the market.
3. Resistance Levels: Bitcoin faces minimal resistance in uncharted territory. The next significant psychological level is $110,000, followed by the ambitious $150,000 target predicted by analysts.
Market Dynamics
Bitcoin’s 24-hour trading volume stands at $110.4 billion, with Binance leading the charge. The exchange’s perpetual and spot trading volumes contribute significantly to Bitcoin’s liquidity. This robust trading activity underscores the market’s resilience and readiness to absorb high volumes.
Outlook: Can Bitcoin Reach $150,000?
The path to $150,000 hinges on several factors:
1. Macroeconomic Environment: Continued pro-crypto policies from global leaders could drive institutional inflows and bolster market confidence.
2. Technical Breakouts: A sustained move above $110,000 would validate the bullish continuation pattern and set the stage for a run toward $150,000.
3. Market Sentiment: Despite overbought conditions, Bitcoin’s historical performance during Q4 and Q1 suggests strong potential for further gains.
However, traders should remain cautious. The RSI’s overbought reading and the potential for profit-taking at key levels could trigger short-term corrections. Risk management is crucial, as the market navigates these uncharted waters.
Conclusion
Bitcoin’s new all-time high of $107,000 marks a significant milestone, driven by both fundamental and technical factors. President-elect Trump’s pro-Bitcoin stance has ignited fresh optimism, while technical indicators and on-chain metrics point to continued bullish momentum.
With $150,000 as the next ambitious target, the crypto market is buzzing with excitement. Will Bitcoin continue its ascent, or will a correction provide a breather before the next leg up? Only time will tell, but for now, the flagship cryptocurrency is firmly in the spotlight.
Bitcoin, we have to talk !FIRST AND FOR MOST, CONGRATS EVERYONE ON 100K !
Now, I don’t even know what to say, honestly. Right now, we’re in a bit of a situationship with Bitcoin.
You see those two trendlines (red and green)? Yeah, they’re a problem.
Both are drawn from the 2017 market cycle peak and the two 2021 market cycle peaks. (We can argue all day about which one was the real top, but honestly, that’s irrelevant in this situation.)
The real question is: what makes a trendline valid?
A valid trendline needs to touch three points, right? And here’s the catch—we can argue that these trendlines are missing that third peak to be considered valid.
Exactly. My point is that we might actually be making that third peak right now. If that happens, the trendline gets validated, and we’d have—ugh, I hate to say it—a market cycle top. In the best-case scenario, it’s just a local top.
The volume has been decreasing on the daily chart since we first breached 100k. This suggests there isn’t much conviction behind the slow grind higher we’ve been seeing. but hey its a grind i'll take it.
But nothing is guaranteed. Let’s just watch and tread carefully.
P.S. ETH hasn’t hit a new ATH yet, so I’m not saying it’s game over for the market. But for Bitcoin? Yeah, it might be. how and ETH is not even challenging the ATH , I don’t know.
Can Bitcoin slice through them like they don’t even exist? Yes, it absolutely can.
"That's it, that's the idea" - Good night !
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Bitcoin preparing for the next move!Bitcoin is currently consolidating in an ascending parallel channel after a very sharp rally.
The most likely scenario is that it will remain in this channel for a while longer, until it ends up breaking up with the approach of Trump's presidency.
If it breaks the channel downwards, there are chances of a slightly deeper correction, and we could visit US$90K.